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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Former SEC-registered adviser

P••••• W••••• M••••••••• C••

Former SEC-registered adviserMadison, WisconsinCRD 118225SEC 801-118211websiteIAPD
Latest filing Mar 11, 2024
First filing on the tape Feb 11, 2020 · 7 filings
SEC status approved since Mar 12, 2020
RAUM
$153M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$153M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$153M as of Mar 11, 2024
Mar 9, 2021$124M then
HNW client RAUM$122M as of Mar 11, 2024
Mar 9, 2021$92.9M then
State-registered IARs (5.B.3)4 as of Mar 11, 2024
Mar 9, 20214 then
Employees (5.A)4 as of Mar 11, 2024
Mar 9, 20214 then
Private funds: no history
RAUM +17% over the last fiscal year+7.2% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 11, 2024; every figure names its basis
RAUM per advisor
$38.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
54derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.1MderivedHNW RAUM over HNW clients
Average account
$336,996derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+17%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 individuals, selection of other advisersreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$122M80%
  • Individuals$30.9M20%
Individual clients
107reported
HNW clients
107reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
455reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • C•••••• B••••• J••• · Chief Executive Officer And Directorcontrol
      since 04/2011 · owns less than 5%
    • M•••••• W••••••• J•• · President, Chief Compliance Officer And Directorcontrol
      since 01/2004 · owns 50% to 75%
    • S••••• P••••••• R••• · Chief Operating Officer And Directorcontrol
      since 04/2014 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    • P••••• F•••••••• S••••••••• L••
      real estaten
    • P••••••• F•••••••• R••••••••• I•••
      real estaten
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Brookfield, Wi000
    Dodgeville, Wi000
    M••••••, Wi · principal000
    Offices
    Schedule D 1.F, the 25 largest
    • Dodgeville, WI1 employees
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 457 to 455
      Mar 2, 2023 to Mar 11, 2024
    • HNW clients · 91 to 107
      Mar 2, 2023 to Mar 11, 2024
    • Individual clients · 123 to 107
      Mar 2, 2023 to Mar 11, 2024
    • Assets in custody · 233432.0 to unset
      Mar 2, 2023 to Mar 11, 2024
    • Custody of client assets · true to false
      Mar 2, 2023 to Mar 11, 2024
    • Discretionary RAUM · $131M to $153M
      Mar 2, 2023 to Mar 11, 2024
    • HNW RAUM · $96.4M to $122M
      Mar 2, 2023 to Mar 11, 2024
    • Individual RAUM · $34.5M to $30.9M
      Mar 2, 2023 to Mar 11, 2024
    • RAUM · $131M to $153M
      Mar 2, 2023 to Mar 11, 2024
    • Accounts · 463 to 457
      Mar 21, 2022 to Mar 2, 2023
    • Corporate clients · 1.0 to unset
      Mar 21, 2022 to Mar 2, 2023
    • HNW clients · 94 to 91
      Mar 21, 2022 to Mar 2, 2023
    • Individual clients · 126 to 123
      Mar 21, 2022 to Mar 2, 2023
    • Assets in custody · $763,609 to $233,432
      Mar 21, 2022 to Mar 2, 2023
    • Discretionary RAUM · $150M to $131M
      Mar 21, 2022 to Mar 2, 2023
    • HNW RAUM · $113M to $96.4M
      Mar 21, 2022 to Mar 2, 2023
    • Individual RAUM · $36.4M to $34.5M
      Mar 21, 2022 to Mar 2, 2023
    • RAUM · $150M to $131M
      Mar 21, 2022 to Mar 2, 2023
    • Accounts · 430 to 463
      Mar 9, 2021 to Mar 21, 2022
    • HNW clients · 86 to 94
      Mar 9, 2021 to Mar 21, 2022
    • Individual clients · 119 to 126
      Mar 9, 2021 to Mar 21, 2022
    • Assets in custody · $970,720 to $763,609
      Mar 9, 2021 to Mar 21, 2022
    • Discretionary RAUM · $124M to $150M
      Mar 9, 2021 to Mar 21, 2022
    • HNW RAUM · $92.9M to $113M
      Mar 9, 2021 to Mar 21, 2022
    • Individual RAUM · $30.6M to $36.4M
      Mar 9, 2021 to Mar 21, 2022
    • RAUM · $124M to $150M
      Mar 9, 2021 to Mar 21, 2022
    • Accounts · 396 to 430
      Jun 16, 2020 to Mar 9, 2021
    • HNW clients · 81 to 86
      Jun 16, 2020 to Mar 9, 2021
    • Individual clients · 112 to 119
      Jun 16, 2020 to Mar 9, 2021
    • Assets in custody · $4.5M to $970,720
      Jun 16, 2020 to Mar 9, 2021
    • Discretionary RAUM · $110M to $124M
      Jun 16, 2020 to Mar 9, 2021
    • HNW RAUM · $82.8M to $92.9M
      Jun 16, 2020 to Mar 9, 2021
    • Individual RAUM · $26.3M to $30.6M
      Jun 16, 2020 to Mar 9, 2021
    • RAUM · $110M to $124M
      Jun 16, 2020 to Mar 9, 2021
    Signals
    9 dated events
    • P••••• W••••• M••••••••• C•• no longer on the SEC adviser roster (last listed 2025-03-06, RAUM $153.3M)
      May 2, 2025 · Left the SEC roster · derived
    • C•••••• W•••••• L•• left P••••• W••••• M••••••••• C•• for M•••• F•••••••• A••••••• (registered 2025-01-24)
      Jan 24, 2025 · Advisor changed firm · fact
    • P•••••• R••• S•••• left P••••• W••••• M••••••••• C•• for M•••• F•••••••• A••••••• (registered 2025-01-24)
      Jan 24, 2025 · Advisor changed firm · fact
    • C••• R••• W•••••• left P••••• W••••• M••••••••• C•• for M•••• F•••••••• A••••••• (registered 2025-01-24)
      Jan 24, 2025 · Advisor changed firm · fact
    • C••• R••••• R••••••• left P••••• W••••• M••••••••• C•• for M•••• F•••••••• A••••••• (registered 2025-01-24)
      Jan 24, 2025 · Advisor changed firm · fact
    • B•••• J••• C••••• left P••••• W••••• M••••••••• C•• for M•••• F•••••••• A••••••• (registered 2025-01-24)
      Jan 24, 2025 · Advisor changed firm · fact
    • W•••••• J•• M••••• left P••••• W••••• M••••••••• C•• for M•••• F•••••••• A••••••• (registered 2025-01-24)
      Jan 24, 2025 · Advisor changed firm · fact
    • P••••• W••••• M••••••••• C••'s advisors moved to M•••• F•••••••• A••••••• (Madison, WI): 6 of 6 registered, on the same day
      Jan 24, 2025 · Firm absorbed (people side) · derived
    • P••••• W••••• M••••••••• C•• filed its initial SEC registration (Form ADV)
      Feb 11, 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026