DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Demars Financial Group LLC

Independent wealth managerSpokane Valley, WashingtonCRD 116257SEC 801-112885websiteIAPD
Latest filing Mar 3, 2026
First filing on the tape Mar 20, 2018 · 26 filings
SEC status approved since Apr 19, 2018
RAUM
$374M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$374M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$93.5M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$374M as of Mar 3, 2026
Feb 12, 2019$129M then
HNW client RAUM$285M as of Mar 3, 2026
Feb 12, 2019$69.9M then
State-registered IARs (5.B.3)3 as of Mar 3, 2026
Feb 12, 20192 then
Employees (5.A)3 as of Mar 3, 2026
Feb 12, 20196 then
Private funds: no history
RAUM +28% over the last fiscal year+18% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 3, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
RAUM per advisor
$93.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
125derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$299,165derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
0.8derivedItem 5.A over advisors
Advisors per office
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+28%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+12%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$285M76%
  • Individuals$88.5M24%
Individual clients
333reported
HNW clients
165reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1,250reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=3.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
David Theodore DemarsCertified Financial Planner, Chartered Financial ConsultantSpokane Valley, WaMar 23, 199929 y1
Brent Melvin SearsCertified Financial Planner, Chartered Financial ConsultantSpokane Valley, WaJan 15, 202027 y2
Taylor David DemarsCertified Financial PlannerSpokane Valley, WaAug 21, 202010 y0
Richard Ryan KennedySpokane Valley, WaFeb 10, 202610 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Theodore David Demars · Managing Member/Chief Compliance Officercontrol
    since 02/2015 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Spokane Valley, Wa · principal410
Offices
Schedule D 1.F, the 25 largest
  • Kenai, AK1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • account count surgeChange between filings · filing Mar 3, 2026
    accounts (Item 5.F.2.f) moved from 461.0 to 1,250.0 (+171.0%) between the annual amendments of 2025-02-13 and 2026-03-03; the peer median change was +5.0% (3687 comparable advisers, 99.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,687) · 99% percentile
  • HNW share shiftChange between filings · filing Mar 3, 2026
    HNW share of RAUM moved from 57.0% to 76.0% between the annual amendments of 2025-02-13 and 2026-03-03
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 461 to 1,250
    Jun 28, 2025 to Feb 5, 2026
  • HNW clients · 93 to 165
    Jun 28, 2025 to Feb 5, 2026
  • Individual clients · 350 to 333
    Jun 28, 2025 to Feb 5, 2026
  • Financial planning clients · 1-10 to 11-25
    Jun 28, 2025 to Feb 5, 2026
  • Discretionary RAUM · $282M to $374M
    Jun 28, 2025 to Feb 5, 2026
  • HNW RAUM · $166M to $285M
    Jun 28, 2025 to Feb 5, 2026
  • Individual RAUM · $117M to $88.5M
    Jun 28, 2025 to Feb 5, 2026
  • Non-discretionary RAUM · $8.9M to $180,220
    Jun 28, 2025 to Feb 5, 2026
  • RAUM · $291M to $374M
    Jun 28, 2025 to Feb 5, 2026
  • Related broker-dealer · true to false
    Jun 28, 2025 to Feb 5, 2026
  • Financial planning clients · 1-10 to 1-10
    Feb 13, 2025 to Jun 28, 2025
  • Accounts · 452 to 461
    Jun 12, 2024 to Feb 13, 2025
  • HNW clients · 84 to 93
    Jun 12, 2024 to Feb 13, 2025
  • Individual clients · 352 to 350
    Jun 12, 2024 to Feb 13, 2025
  • Financial planning clients · 11-25 to 1-10
    Jun 12, 2024 to Feb 13, 2025
  • Discretionary RAUM · $228M to $282M
    Jun 12, 2024 to Feb 13, 2025
  • HNW RAUM · $127M to $166M
    Jun 12, 2024 to Feb 13, 2025
  • Individual RAUM · $106M to $117M
    Jun 12, 2024 to Feb 13, 2025
  • Non-discretionary RAUM · $4.7M to $8.9M
    Jun 12, 2024 to Feb 13, 2025
  • RAUM · $232M to $291M
    Jun 12, 2024 to Feb 13, 2025
  • BD registered reps · 4 to 3
    May 3, 2024 to Jun 12, 2024
  • Employees · 6 to 3
    May 3, 2024 to Jun 12, 2024
  • State-registered IARs · 4 to 3
    May 3, 2024 to Jun 12, 2024
  • Related broker-dealer · false to true
    May 3, 2024 to May 3, 2024
  • Advisory employees · 4 to 3
    Mar 4, 2024 to Mar 26, 2024
  • Employees · 7 to 6
    Mar 4, 2024 to Mar 26, 2024
  • Accounts · 966 to 452
    Nov 13, 2023 to Feb 14, 2024
  • HNW clients · 78 to 84
    Nov 13, 2023 to Feb 14, 2024
  • Individual clients · 373 to 352
    Nov 13, 2023 to Feb 14, 2024
  • Discretionary RAUM · $224M to $228M
    Nov 13, 2023 to Feb 14, 2024
  • HNW RAUM · $136M to $127M
    Nov 13, 2023 to Feb 14, 2024
  • Individual RAUM · $92.5M to $106M
    Nov 13, 2023 to Feb 14, 2024
  • Non-discretionary RAUM · $4.5M to $4.7M
    Nov 13, 2023 to Feb 14, 2024
  • RAUM · $228M to $232M
    Nov 13, 2023 to Feb 14, 2024
  • HQ city · SPOKANE to SPOKANE VALLEY
    Mar 7, 2023 to Nov 13, 2023
  • Accounts · 981 to 966
    Jun 21, 2022 to Mar 7, 2023
  • HNW clients · 140 to 78
    Jun 21, 2022 to Mar 7, 2023
  • Individual clients · 353 to 373
    Jun 21, 2022 to Mar 7, 2023
  • Financial planning clients · 1-10 to 11-25
    Jun 21, 2022 to Mar 7, 2023
  • Discretionary RAUM · $257M to $224M
    Jun 21, 2022 to Mar 7, 2023
Signals
1 dated events
  • Demars Financial Group Llc filed its initial SEC registration (Form ADV)
    Mar 20, 2018 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business phone
509-232-6604reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
509-536-9556reportedpublished by the firm, firm site, Sep 15, 2026
Website
guidancefinancialplanning.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
509-536-9556reportedpublic record, Form ADV, Mar 3, 2026
Contact form
guidancefinancialplanning.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
guidancefinancialplanning.com/teamreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$93.5Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026