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
Johnson & Shute Investment Advisors, Inc.
Latest filing Aug 18, 2026
First filing on the tape Nov 15, 2011 · 13 filings
SEC status approved since Mar 4, 2022
RAUM
$137M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
98%
$135M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$68.7M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$137M as of Aug 18, 2026
Mar 29, 2012$75.0M then
HNW client RAUM$123M as of Aug 18, 2026
Mar 23, 2023$82.3M then
State-registered IARs (5.B.3)2 as of Aug 18, 2026
Mar 29, 20120 then
Employees (5.A)2 as of Aug 18, 2026
Mar 23, 20232 then
Private funds: no history
RAUM +19% over the last fiscal year+12% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Aug 18, 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
- $68.7MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 37derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.7MderivedHNW RAUM over HNW clients
- Average account
- $1.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 0.0%derivedof RAUM
- Institutional
- 1.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +19%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +0.0%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- 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
- 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$123M89%
- Individuals$11.9M8.7%
- Pension and profit-sharing plans$2.7M1.9%
- Individual clients
- 27reported
- HNW clients
- 46reported
- Pension plan clients
- 1reported
- Charitable clients
- 0reported
- Accounts
- 74reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Rodger Paul Shute | Bellevue, Wa | Dec 5, 2012 | 37 y | 1 |
| Gregory A. Radovich | Bellevue, Wa | Dec 5, 2012 | 39 y | 1 |
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
none on the tape
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- A. Gregory Radovich · President/Chief Compliance Officercontrolsince 03/1997 · owns 75% or more
- Paul Rodger Shute · Vice President/Director Of Researchsince 03/1997 · owns less than 5%
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 |
|---|---|---|---|---|---|
| Bellevue, Wa · principal | 2 | 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 Aug 18, 2026discretionary share of RAUM of 0% against a peer median of 100% (5676 comparable advisers, 0.0th percentile, 33.7 robust deviations)peers: independent wealth managers, $100M to $500M (5,676) · 0.0% percentile
What changed
consecutive filings, newest first
- HQ city · BOTHELL to BELLEVUEFeb 17, 2026 to Aug 18, 2026
- Accounts · 154 to 74Nov 20, 2025 to Feb 17, 2026
- HNW clients · 43 to 46Nov 20, 2025 to Feb 17, 2026
- Individual clients · 30 to 27Nov 20, 2025 to Feb 17, 2026
- HNW RAUM · $101M to $123MNov 20, 2025 to Feb 17, 2026
- Individual RAUM · $12.7M to $11.9MNov 20, 2025 to Feb 17, 2026
- Non-discretionary RAUM · $116M to $137MNov 20, 2025 to Feb 17, 2026
- Pension RAUM · $2.2M to $2.7MNov 20, 2025 to Feb 17, 2026
- RAUM · $116M to $137MNov 20, 2025 to Feb 17, 2026
- HQ city · BELLEVUE to BOTHELLMar 3, 2025 to Nov 20, 2025
- Accounts · 74 to 154Jun 13, 2024 to Mar 3, 2025
- HNW clients · 34 to 43Jun 13, 2024 to Mar 3, 2025
- Individual clients · 39 to 30Jun 13, 2024 to Mar 3, 2025
- Financial planning clients · unset to Jun 13, 2024 to Mar 3, 2025
- HNW RAUM · $89.9M to $101MJun 13, 2024 to Mar 3, 2025
- Individual RAUM · $16.8M to $12.7MJun 13, 2024 to Mar 3, 2025
- Non-discretionary RAUM · $109M to $116MJun 13, 2024 to Mar 3, 2025
- Pension RAUM · $1.9M to $2.2MJun 13, 2024 to Mar 3, 2025
- RAUM · $109M to $116MJun 13, 2024 to Mar 3, 2025
- Accounts · 78 to 74Mar 23, 2023 to Mar 6, 2024
- HNW clients · 39 to 34Mar 23, 2023 to Mar 6, 2024
- Individual clients · 38 to 39Mar 23, 2023 to Mar 6, 2024
- HNW RAUM · $82.3M to $89.9MMar 23, 2023 to Mar 6, 2024
- Individual RAUM · $14.5M to $16.8MMar 23, 2023 to Mar 6, 2024
- Non-discretionary RAUM · $98.4M to $109MMar 23, 2023 to Mar 6, 2024
- Pension RAUM · $1.6M to $1.9MMar 23, 2023 to Mar 6, 2024
- RAUM · $98.4M to $109MMar 23, 2023 to Mar 6, 2024
- Accounts · 80 to 78Feb 2, 2022 to Mar 23, 2023
- HNW clients · 40 to 39Feb 2, 2022 to Mar 23, 2023
- Individual clients · 39 to 38Feb 2, 2022 to Mar 23, 2023
- Financial planning clients · 0 to unsetFeb 2, 2022 to Mar 23, 2023
- HNW RAUM · $97.0M to $82.3MFeb 2, 2022 to Mar 23, 2023
- Individual RAUM · $16.6M to $14.5MFeb 2, 2022 to Mar 23, 2023
- Non-discretionary RAUM · $115M to $98.4MFeb 2, 2022 to Mar 23, 2023
- Pension RAUM · $1.6M to $1.6MFeb 2, 2022 to Mar 23, 2023
- Pooled vehicle RAUM · unset to 0.0Feb 2, 2022 to Mar 23, 2023
- RAUM · $115M to $98.4MFeb 2, 2022 to Mar 23, 2023
- Accounts · 101 to 80Jun 26, 2012 to Feb 2, 2022
- Advisory employees · unset to 2.0Jun 26, 2012 to Feb 2, 2022
- Charity clients · unset to 0.0Jun 26, 2012 to Feb 2, 2022
Signals
1 dated events
- Johnson & Shute Investment Advisors, Inc. filed its initial SEC registration (Form ADV)Feb 2, 2022 · 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
- Principal office phone
- 425-615-6808reportedpublic record, Form ADV, Aug 18, 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
- $68.7Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026