DFX Intelligence

RIA Intelligence

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SEC-registered adviser

L••••••••• F•••••••• A•••••••

Independent wealth managerAshland, OhioCRD 117665SEC 801-118391websiteIAPD
Legal name L••••••••• L••• L••••
Latest filing Mar 18, 2026
First filing on the tape Feb 24, 2012 · 15 filings
SEC status approved since Apr 3, 2020
RAUM
$176M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
94%
$166M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$176M
derived; firm RAUM over IAPD count
Employees
4
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$176M as of Mar 18, 2026
Feb 24, 2012$61.5M then
HNW client RAUM$28.0M as of Mar 18, 2026
Feb 25, 2021$25.0M then
State-registered IARs (5.B.3)1 as of Mar 18, 2026
Feb 24, 20120 then
Employees (5.A)4 as of Mar 18, 2026
Feb 25, 20216 then
Private funds: no history
RAUM +9.6% over the last fiscal year+3.3% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 18, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$176MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
371derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.7MderivedHNW RAUM over HNW clients
Average account
$464,089derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
6.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+9.6%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.1%derived
Compensation
percentage of assets, hourly, commissionsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, educational seminars, otherreportedItem 5.G
Custody
$79.7M, 326 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
  • is an insurance broker or agent (6.A.6)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$138M78%
  • High-net-worth individuals$28.0M16%
  • Pension and profit-sharing plans$8.9M5.1%
  • Charitable organizations$1.8M1.0%
Individual clients
365reported
HNW clients
6reported
Pension plan clients
8reported
Charitable clients
1reported
Accounts
380reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$79.7M for 326 clientsreported
Compensation
% of AUM, hourly, commissionsreported
Class basis
private_client_share=0.94 fund_share=0.0 institutional_share=0.06 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
L••• L•••• L•••••••••Ashland, OhJan 24, 201247 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
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • L••••••••• L•••• L•••• · Owner/Chief Compliance Officercontrol
        since 01/1990 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • account count collapseChange between filings · filing Mar 18, 2026
        accounts (Item 5.F.2.f) moved from 1,004.0 to 380.0 (-62.0%) between the annual amendments of 2025-04-18 and 2026-03-18; the peer median change was +5.0% (3685 comparable advisers, 2.0th percentile of changes)
        peers: independent wealth managers, $100M to $500M (3,685) · 2.0% percentile
      How anomalies are measured
      What changed
      consecutive filings, newest first
      • Accounts · 1,004 to 380
        Dec 2, 2025 to Mar 18, 2026
      • Charity clients · 3 to 1
        Dec 2, 2025 to Mar 18, 2026
      • HNW clients · 14 to 6
        Dec 2, 2025 to Mar 18, 2026
      • Individual clients · 353 to 365
        Dec 2, 2025 to Mar 18, 2026
      • Pension plan clients · 9 to 8
        Dec 2, 2025 to Mar 18, 2026
      • Assets in custody · $0 to $79.7M
        Dec 2, 2025 to Mar 18, 2026
      • Employees · 5 to 4
        Dec 2, 2025 to Mar 18, 2026
      • Financial planning clients · More than 500 to 251-500
        Dec 2, 2025 to Mar 18, 2026
      • Discretionary RAUM · $161M to $174M
        Dec 2, 2025 to Mar 18, 2026
      • HNW RAUM · $28.7M to $28.0M
        Dec 2, 2025 to Mar 18, 2026
      • Individual RAUM · $122M to $138M
        Dec 2, 2025 to Mar 18, 2026
      • Non-discretionary RAUM · $0 to $2.4M
        Dec 2, 2025 to Mar 18, 2026
      • Pension RAUM · $8.4M to $8.9M
        Dec 2, 2025 to Mar 18, 2026
      • RAUM · $161M to $176M
        Dec 2, 2025 to Mar 18, 2026
      • Assets in custody · unset to 0.0
        Apr 18, 2025 to Dec 2, 2025
      • Custody of client assets · false to true
        Apr 18, 2025 to Dec 2, 2025
      • Financial planning clients · More than 500 to More than 500
        Mar 3, 2025 to Apr 18, 2025
      • Accounts · 1,225 to 1,004
        Mar 18, 2024 to Mar 3, 2025
      • Advisory activities · 4 to 5
        Mar 18, 2024 to Mar 3, 2025
      • Charity clients · unset to 3.0
        Mar 18, 2024 to Mar 3, 2025
      • Corporate clients · 3.0 to unset
        Mar 18, 2024 to Mar 3, 2025
      • HNW clients · 10 to 14
        Mar 18, 2024 to Mar 3, 2025
      • Individual clients · 525 to 353
        Mar 18, 2024 to Mar 3, 2025
      • Employees · 4 to 5
        Mar 18, 2024 to Mar 3, 2025
      • Discretionary RAUM · $141M to $161M
        Mar 18, 2024 to Mar 3, 2025
      • HNW RAUM · $21.4M to $28.7M
        Mar 18, 2024 to Mar 3, 2025
      • Individual RAUM · $113M to $122M
        Mar 18, 2024 to Mar 3, 2025
      • Pension RAUM · $4.1M to $8.4M
        Mar 18, 2024 to Mar 3, 2025
      • RAUM · $141M to $161M
        Mar 18, 2024 to Mar 3, 2025
      • Accounts · 568 to 1,225
        Feb 28, 2023 to Mar 18, 2024
      • BD registered reps · 1 to 0
        Feb 28, 2023 to Mar 18, 2024
      • Charity clients · 1.0 to unset
        Feb 28, 2023 to Mar 18, 2024
      • Corporate clients · unset to 3.0
        Feb 28, 2023 to Mar 18, 2024
      • HNW clients · 13 to 10
        Feb 28, 2023 to Mar 18, 2024
      • Individual clients · 548 to 525
        Feb 28, 2023 to Mar 18, 2024
      • Pension plan clients · 6 to 9
        Feb 28, 2023 to Mar 18, 2024
      • Employees · 5 to 4
        Feb 28, 2023 to Mar 18, 2024
      • Insurance-licensed employees · 1 to 0
        Feb 28, 2023 to Mar 18, 2024
      • Discretionary RAUM · $153M to $141M
        Feb 28, 2023 to Mar 18, 2024
      • HNW RAUM · $23.6M to $21.4M
        Feb 28, 2023 to Mar 18, 2024
      Signals
      1 dated events
      • L••••••••• F•••••••• A••••••• filed its initial SEC registration (Form ADV)
        Mar 6, 2020 · 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
      419-281-2108reportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      419-289-7165reportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      866-822-7165reportedpublished by the firm, firm site, Sep 16, 2026
      Website
      L•••••••••FINANCIAL.COMreportedpublic record, Form ADV, Sep 21, 2026
      Principal office phone
      419-289-7165reportedpublic record, Form ADV, Mar 18, 2026
      Contact form
      l•••••••••.comreportedpublished 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
      $176Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026