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.

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SEC-registered adviser

L••• F••••••••

Independent wealth managerOmaha, NebraskaCRD 117273SEC 801-62093websiteIAPD
Legal name L••• F•••••••• S•••••••• L••
Latest filing Jul 7, 2026
First filing on the tape Mar 24, 2012 · 41 filings
SEC status approved since Jun 4, 2003
RAUM
$3.2B
reported, Item 5.F
Discretionary
89%
of RAUM
Private clients
73%
$2.3B individuals and HNW
Advisors
15
registered through the firm on IAPD
RAUM per advisor
$212M
derived; firm RAUM over IAPD count
Employees
23
15 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$3.2B as of Jul 7, 2026
Mar 24, 2012$449M then
HNW client RAUM$2.2B as of Jul 7, 2026
Mar 29, 2018$630M then
State-registered IARs (5.B.3)15 as of Jul 7, 2026
Mar 24, 20120 then
Employees (5.A)23 as of Jul 7, 2026
Mar 8, 20137 then
Private funds: no history
RAUM +22% over the last fiscal year+23% a year over threeIARs 10 to 15
Practice profile
derived from the filing of Jul 7, 2026; every figure names its basis
Archetypes, each a printed rule
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$212MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
56derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.2MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
89%derivedof RAUM
Institutional
26%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
7.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
+40%derivedItem 5.B.3 between annual amendments
Client growth, one year
+19%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, pension consultingreportedItem 5.G
Custody
$1.1B, 840 clientsreportedItem 9.A
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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.2B69%
  • Pension and profit-sharing plans$789M25%
  • Individuals$137M4.3%
  • Corporations and businesses$31.5M1.0%
  • Charitable organizations$29.6M0.9%
Individual clients
425reported
HNW clients
420reported
Pension plan clients
171reported
Charitable clients
n/areported
Accounts
2,689reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$1.1B for 840 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.73 fund_share=0.0 institutional_share=0.26 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
15 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J•••• P••• B•••••Certified Financial Planner, Personal Financial SpecialistO••••, NeApr 9, 200130 y0
J••••• B•••••• V•••••Certified Financial PlannerO••••, NeFeb 29, 200824 y0
N••••••• S••••• H•••Certified Financial PlannerO••••, NeSep 12, 201415 y1
J••••• R••• H•••••••••Certified Financial PlannerO••••, NeMar 13, 201524 y3
C••••••••• M•••••• W•••••Certified Financial PlannerO••••, NeOct 27, 201620 y1
A••••• L•• W••••Certified Financial PlannerO••••, NeApr 11, 201911 y2
J••••• R• J••••••Chartered Financial AnalystO••••, NeOct 28, 202013 y1
J••••• D••••• C••••••Certified Financial PlannerO••••, NeDec 17, 202111 y0
T••••• A••••• H••••••Certified Financial PlannerO••••, NeJul 20, 202213 y4
A•••••• L•••••• W•••••••O••••, Ne Jun 13, 202422 y1
A••• M•••••• J•••••••Chartered Financial AnalystO••••, NeJul 18, 202510 y0
S•••••• R•• G•••Certified Financial PlannerO••••, NeJul 18, 202514 y2
S••••• J•••• B••••••••Certified Financial PlannerO••••, NeJul 28, 202511 y0
L••••• J••••• S•••••Certified Financial PlannerO••••, NeDec 12, 202510 y0
R••• E••••• S••••••O••••, NeJun 29, 202612 y2
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 6.7% of current headcount1 left over 36 months
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B•••••• J••••• P••• · Managing Member & Chief Compliance Officercontrol
    since 03/2001 · owns 10% to 25%
  • D••••• M••• · Elected Managercontrol
    since 08/2001 · owns F of E•••••• L••
  • J••••••• J•••••• R• · Chief Investment Officer And P••••••••
    since 05/2022 · owns less than 5%
  • V•••••• J•••••• B•••••• · Member
    since 01/2012 · owns 5% to 10%
Entity owners
  • E•••••• L•• · Member
    direct · owns 50% to 75%
Related persons
Schedule D 7.A
  • L••• • C••••••• P•••
    insurancey
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
O••••, Ne · principal1521
Offices
Schedule D 1.F, the 25 largest
  • Grand Island, NE1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Jul 7, 2026
    D••••• M••• (ELECTED MANAGER) left Schedule A between the filings of 2021-03-31 and 2026-07-07
    peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
  • Advisory employees · 14 to 15
    Mar 22, 2026 to Jul 7, 2026
  • Employees · 22 to 23
    Mar 22, 2026 to Jul 7, 2026
  • State-registered IARs · 14 to 15
    Mar 22, 2026 to Jul 7, 2026
  • Accounts · 2,386 to 2,689
    Nov 4, 2025 to Mar 22, 2026
  • Charity clients · 4.0 to unset
    Nov 4, 2025 to Mar 22, 2026
  • Corporate clients · 3 to 15
    Nov 4, 2025 to Mar 22, 2026
  • HNW clients · 411 to 420
    Nov 4, 2025 to Mar 22, 2026
  • Individual clients · 300 to 425
    Nov 4, 2025 to Mar 22, 2026
  • Pension plan clients · 163 to 171
    Nov 4, 2025 to Mar 22, 2026
  • Assets in custody · $880M to $1.1B
    Nov 4, 2025 to Mar 22, 2026
  • Employees · 23 to 22
    Nov 4, 2025 to Mar 22, 2026
  • Discretionary RAUM · $2.3B to $2.8B
    Nov 4, 2025 to Mar 22, 2026
  • HNW RAUM · $1.9B to $2.2B
    Nov 4, 2025 to Mar 22, 2026
  • Individual RAUM · $81.0M to $137M
    Nov 4, 2025 to Mar 22, 2026
  • Non-discretionary RAUM · $296M to $352M
    Nov 4, 2025 to Mar 22, 2026
  • Pension RAUM · $638M to $789M
    Nov 4, 2025 to Mar 22, 2026
  • RAUM · $2.6B to $3.2B
    Nov 4, 2025 to Mar 22, 2026
  • Advisory employees · 10 to 14
    Mar 31, 2025 to Aug 18, 2025
  • Employees · 21 to 23
    Mar 31, 2025 to Aug 18, 2025
  • State-registered IARs · 10 to 14
    Mar 31, 2025 to Aug 18, 2025
  • Accounts · 2,186 to 2,386
    Jun 13, 2024 to Mar 31, 2025
  • Advisory employees · 11 to 10
    Jun 13, 2024 to Mar 31, 2025
  • Charity clients · unset to 4.0
    Jun 13, 2024 to Mar 31, 2025
  • Corporate clients · 7 to 3
    Jun 13, 2024 to Mar 31, 2025
  • HNW clients · 369 to 411
    Jun 13, 2024 to Mar 31, 2025
  • Individual clients · 275 to 300
    Jun 13, 2024 to Mar 31, 2025
  • Pension plan clients · 150 to 163
    Jun 13, 2024 to Mar 31, 2025
  • Assets in custody · $741M to $880M
    Jun 13, 2024 to Mar 31, 2025
  • Employees · 20 to 21
    Jun 13, 2024 to Mar 31, 2025
  • Financial planning clients · 251-500 to 251-500
    Jun 13, 2024 to Mar 31, 2025
  • Discretionary RAUM · $2.0B to $2.3B
    Jun 13, 2024 to Mar 31, 2025
  • HNW RAUM · $1.7B to $1.9B
    Jun 13, 2024 to Mar 31, 2025
  • Individual RAUM · $75.7M to $81.0M
    Jun 13, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $257M to $296M
    Jun 13, 2024 to Mar 31, 2025
  • Pension RAUM · $495M to $638M
    Jun 13, 2024 to Mar 31, 2025
  • RAUM · $2.3B to $2.6B
    Jun 13, 2024 to Mar 31, 2025
  • State-registered IARs · 9 to 10
    Apr 1, 2024 to Jun 13, 2024
  • Advisory employees · 10 to 11
    Apr 1, 2024 to Jun 13, 2024
  • Employees · 18 to 20
    Apr 1, 2024 to Jun 13, 2024
  • Other offices · 0 to 1
    Apr 1, 2024 to Jun 13, 2024
Signals
4 dated events
  • B•••• A•••••• M••• left L••• F•••••••• for L•• F•••••••• L•• (registered 2026-03-16)
    Feb 4, 2026 · Advisor changed firm · fact
  • L••• F•••••••• reported RAUM $2.3B, up 32% from $1.7B (2023-12-07 to 2024-02-22)
    Feb 22, 2024 · RAUM change · derived
  • L••• F•••••••• reported RAUM $1.8B, up 27% from $1.4B (2021-12-02 to 2022-03-29)
    Mar 29, 2022 · RAUM change · derived
  • Mark D•••• (Elected Manager) appeared on Schedule A of L••• F••••••••
    Aug 13, 2020 · Control person joined · 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
402-827-2300reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
402-827-2319reportedpublished by the firm, firm site, Sep 16, 2026
Website
L•••FINANCIAL.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
402-827-2300reportedpublic record, Form ADV, Jul 7, 2026
Contact form
lutz.us/financial-services/contactreportedpublished by the firm, firm site, Sep 16, 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
$212Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026