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

Professional Financial Management, Inc.

Independent wealth managerBozeman, MontanaCRD 118117SEC 801-132539websiteIAPD
Latest filing Mar 15, 2026
First filing on the tape Apr 3, 2025 · 2 filings
SEC status approved since Apr 28, 2025
RAUM
$304M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
98%
$299M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$152M
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
2 filings and snapshots on the tape
RAUM$304M as of Mar 15, 2026
Apr 3, 2025$265M then
HNW client RAUM$255M as of Mar 15, 2026
Apr 3, 2025$215M then
State-registered IARs (5.B.3)2 as of Mar 15, 2026
Apr 3, 20252 then
Employees (5.A)2 as of Mar 15, 2026
Apr 3, 20252 then
Private funds: no history
RAUM +15% over the last fiscal yearIARs 2 to 2
Practice profile
derived from the filing of Mar 15, 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
  • 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
$152MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
82derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$439,446derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
1.8%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
+15%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+7.2%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, otherreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$255M84%
  • Individuals$43.9M14%
  • Pension and profit-sharing plans$3.8M1.3%
  • Charitable organizations$1.7M0.6%
Individual clients
80reported
HNW clients
83reported
Pension plan clients
n/areported
Charitable clients
0reported
Accounts
692reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourlyreported
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
NameBranchHere sinceIn industryPrior firms
Douglas Menzie BabcockCertified Financial PlannerBozeman, MtAug 21, 200832 y0
Brandon Michael SmithCertified Financial PlannerBozeman, MtAug 20, 201511 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
none on the tape
    Every departureEvery arrival
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Menzie Douglas Babcock · President/Chief Compliance Officercontrol
      since 01/2010 · 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
    Bozeman, Mt · principal200
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 655 to 692
      Apr 3, 2025 to Mar 15, 2026
    • HNW clients · 72 to 83
      Apr 3, 2025 to Mar 15, 2026
    • Assets in custody · $18.8M to $20.1M
      Apr 3, 2025 to Mar 15, 2026
    • Discretionary RAUM · $260M to $299M
      Apr 3, 2025 to Mar 15, 2026
    • HNW RAUM · $215M to $255M
      Apr 3, 2025 to Mar 15, 2026
    • Individual RAUM · $45.1M to $43.9M
      Apr 3, 2025 to Mar 15, 2026
    • Non-discretionary RAUM · $4.8M to $5.5M
      Apr 3, 2025 to Mar 15, 2026
    • Pension RAUM · $3.2M to $3.8M
      Apr 3, 2025 to Mar 15, 2026
    • RAUM · $265M to $304M
      Apr 3, 2025 to Mar 15, 2026
    Signals
    No event on the tape.
    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
    Firm profile
    LINKEDIN.COM/COMPANY/PROFESSIONAL-FINANCIAL-MANAGEMENT-INCreportedpublic record, Form ADV, Sep 17, 2026
    Website
    PROFINANCIALMGMT.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    406-587-1604reportedpublic record, Form ADV, Mar 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
    $152Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026