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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
SEC-registered adviser
L•••• F•••••••• M••••••••• L••
Latest filing Mar 25, 2026
First filing on the tape Mar 30, 2012 · 20 filings
SEC status approved since Oct 5, 2001
RAUM
$339M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
100%
$339M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$113M
derived; firm RAUM over IAPD count
Employees
2
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$339M as of Mar 25, 2026
Mar 30, 2012$131M then
HNW client RAUM$336M as of Mar 25, 2026
Mar 29, 2018$285M then
State-registered IARs (5.B.3)2 as of Mar 25, 2026
Mar 30, 20120 then
Employees (5.A)2 as of Mar 25, 2026
Mar 19, 20136 then
Private funds: no history
RAUM -21% over the last fiscal year-1.7% a year over threeIARs 1 to 2
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $113MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 29derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.9MderivedHNW RAUM over HNW clients
- Average account
- $3.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 0.0%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 0.7derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -21%derivedbetween the last two annual amendments
- Advisor growth, one year
- +100%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -31%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$336M99%
- Individuals$3.0M0.9%
- Individual clients
- 3reported
- HNW clients
- 85reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 88reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| L•••• P•••• L•••• | Raleigh, Nc | Dec 31, 2001 | 42 y | 0 |
| D•••••• J••• L••••Certified Financial Planner | Raleigh, Nc | Dec 31, 2001 | 45 y | 0 |
| D•••• A•••• N••••••••• | Raleigh, Nc | Oct 30, 2015 | 18 y | 0 |
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 headcount1 left over 36 months
Left, latest
- D•••••• R•••••• L•••• to T•• S•••••••• F•••••••• A•••••••Mar 31, 2025 · RIA to affiliated broker-dealer or bank
- D••••• D••••••••• L•••• to A••••• A•• P••••••• S•••••••Mar 27, 2023 · RIA to affiliated broker-dealer or bank
- T••• M•••• S•••• to 1••• C•••••• M••••••••• C••••••Sep 30, 2003 · Other
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- L••••• D••••••• J••• · Managing Member, Chief Compliance Officercontrolsince 10/2004 · owns 50% to 75%
- L••••• L••••• P•••• · Membercontrolsince 02/2001 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Raleigh, Nc · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- low discretionary shareStatic outlier · filing Mar 25, 2026discretionary share of RAUM of 0% against a peer median of 100% (5678 comparable advisers, 0.0th percentile, 33.7 robust deviations)peers: independent wealth managers, $100M to $500M (5,678) · 0.0% percentile
What changed
consecutive filings, newest first
- Accounts · 128 to 88Mar 31, 2025 to Mar 25, 2026
- BD registered reps · 0 to 2Mar 31, 2025 to Mar 25, 2026
- HNW clients · 118 to 85Mar 31, 2025 to Mar 25, 2026
- Individual clients · 10 to 3Mar 31, 2025 to Mar 25, 2026
- State-registered IARs · 1 to 2Mar 31, 2025 to Mar 25, 2026
- HNW RAUM · $421M to $336MMar 31, 2025 to Mar 25, 2026
- Individual RAUM · $9.8M to $3.0MMar 31, 2025 to Mar 25, 2026
- Non-discretionary RAUM · $431M to $339MMar 31, 2025 to Mar 25, 2026
- RAUM · $431M to $339MMar 31, 2025 to Mar 25, 2026
- Accounts · 136 to 128Mar 27, 2024 to Mar 31, 2025
- Advisory employees · 4 to 1Mar 27, 2024 to Mar 31, 2025
- BD registered reps · 3 to 0Mar 27, 2024 to Mar 31, 2025
- HNW clients · 126 to 118Mar 27, 2024 to Mar 31, 2025
- Employees · 5 to 2Mar 27, 2024 to Mar 31, 2025
- Financial planning clients · 101-250 to 101-250Mar 27, 2024 to Mar 31, 2025
- State-registered IARs · 4 to 1Mar 27, 2024 to Mar 31, 2025
- HNW RAUM · $406M to $421MMar 27, 2024 to Mar 31, 2025
- Individual RAUM · $9.5M to $9.8MMar 27, 2024 to Mar 31, 2025
- Non-discretionary RAUM · $415M to $431MMar 27, 2024 to Mar 31, 2025
- RAUM · $415M to $431MMar 27, 2024 to Mar 31, 2025
- Accounts · 139 to 136Mar 27, 2023 to Mar 27, 2024
- HNW clients · 125 to 126Mar 27, 2023 to Mar 27, 2024
- Individual clients · 14 to 10Mar 27, 2023 to Mar 27, 2024
- HNW RAUM · $345M to $406MMar 27, 2023 to Mar 27, 2024
- Individual RAUM · $11.8M to $9.5MMar 27, 2023 to Mar 27, 2024
- Non-discretionary RAUM · $357M to $415MMar 27, 2023 to Mar 27, 2024
- RAUM · $357M to $415MMar 27, 2023 to Mar 27, 2024
- Advisory employees · 3 to 4Mar 30, 2022 to Mar 27, 2023
- HNW clients · 128 to 125Mar 30, 2022 to Mar 27, 2023
- Individual clients · 11 to 14Mar 30, 2022 to Mar 27, 2023
- Employees · 6 to 5Mar 30, 2022 to Mar 27, 2023
- HNW RAUM · $408M to $345MMar 30, 2022 to Mar 27, 2023
- Individual RAUM · $9.1M to $11.8MMar 30, 2022 to Mar 27, 2023
- Non-discretionary RAUM · $417M to $357MMar 30, 2022 to Mar 27, 2023
- RAUM · $417M to $357MMar 30, 2022 to Mar 27, 2023
- Accounts · 142 to 139Mar 25, 2021 to Mar 30, 2022
- Individual clients · 14 to 11Mar 25, 2021 to Mar 30, 2022
- HNW RAUM · $384M to $408MMar 25, 2021 to Mar 30, 2022
- Individual RAUM · $9.3M to $9.1MMar 25, 2021 to Mar 30, 2022
- Non-discretionary RAUM · $393M to $417MMar 25, 2021 to Mar 30, 2022
Signals
2 dated events
- D•••••• R•••••• L•••• left L•••• F•••••••• M••••••••• L•• for T•• S•••••••• F•••••••• A••••••• (registered 2025-04-23)Mar 31, 2025 · Advisor changed firm · fact
- D••••• D••••••••• L•••• left L•••• F•••••••• M••••••••• L•• for A••••• A•• P••••••• S••••••• (registered 2023-05-05)Mar 27, 2023 · Advisor changed firm · 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
- 877-872-7001reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 919-872-7000reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- w••.l•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 919-872-7000reportedpublic record, Form ADV, Mar 25, 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
- $113Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026