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
Laurel Wealth Advisors, LLC
Latest filing Mar 17, 2026
First filing on the tape Mar 28, 2012 · 36 filings
SEC status approved since May 21, 2008
RAUM
$1.1B
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
93%
$1.0B individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$184M
derived; firm RAUM over IAPD count
Employees
9
7 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$1.1B as of Mar 17, 2026
Mar 28, 2012$166M then
HNW client RAUM$941M as of Mar 17, 2026
Mar 29, 2018$315M then
State-registered IARs (5.B.3)7 as of Mar 17, 2026
Mar 28, 20131 then
Employees (5.A)9 as of Mar 17, 2026
Mar 28, 20135 then
Private funds: no history
RAUM +14% over the last fiscal year+15% a year over threeIARs 7 to 7offices 0 to 1
Practice profile
derived from the filing of Mar 17, 2026; every figure names its basis
- RAUM per advisor
- $184MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 87derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.9MderivedHNW RAUM over HNW clients
- Average account
- $774,586derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 99%derivedof RAUM
- Institutional
- 1.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 3.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +14%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -5.1%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Custody
- $64.9M, 20 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$941M85%
- Individuals$86.9M7.9%
- Corporations and businesses$58.3M5.3%
- Charitable organizations$20.5M1.8%
- Individual clients
- 276reported
- HNW clients
- 244reported
- Pension plan clients
- 0reported
- Charitable clients
- 11reported
- Accounts
- 1,429reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- noreported
- Custody of client assets
- $64.9M for 20 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.93 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| William Edward SuggCertified Financial Planner | Charlotte, Nc | Mar 15, 2007 | 25 y | 1 |
| Mark Stephen ThompsonChartered Financial Analyst | Charlotte, Nc | Feb 15, 2008 | 28 y | 1 |
| Dustin Marshall WaideCertified Financial Planner | Charlotte, Nc | May 6, 2011 | 25 y | 1 |
| Jennifer L Jones | Charlotte, Nc | Sep 25, 2015 | 22 y | 0 |
| Emma Izard Powers | Charlotte, Nc | Aug 20, 2024 | 13 y | 2 |
| John Charles Waddill | Charlotte, Nc | Oct 30, 2024 | 14 y | 0 |
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 headcount1 left over 36 months
Left, latest
- Justin Tyler Stehle to Cerity Partners LLCFeb 11, 2025 · RIA to RIA
- Clinton Douglas Townsend to Bragg Financial Advisors IncApr 24, 2023 · RIA to RIA
- Christopher Nelson Brown to Oake Financial LLCSep 15, 2021 · RIA to a state-registered adviser
Joined, latest
- Emma Izard Powers from Morgan StanleyAug 20, 2024 · Wirehouse to independent RIA
- Dustin Marshall Waide from Wedge Capital Management LlpMay 6, 2011 · Other
- Mark Stephen Thompson from Buckhorn Capital Management LLCFeb 15, 2008 · Other
- William Edward Sugg from First Citizens Investor Services, Inc.Mar 15, 2007 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Mark Timothy Breedlove · Managing Membercontrolsince 10/1999 · owns 10% to 25%
- William David Mcneish · Managing Membercontrolsince 10/1999 · owns 10% to 25%
- Edward William Sugg · Managing Membercontrolsince 06/2007 · owns 10% to 25%
- Stephen Mark Thompson · Managing Membercontrolsince 04/2008 · owns 10% to 25%
- Nancy Johnson Jones · Chief Compliance Officersince 07/2025 · owns less than 5%
- Lynn Jennifer Jones · Membersince 01/2015 · owns less than 5%
- Marshall Dustin Waide · Membersince 01/2015 · owns less than 5%
Related persons
Schedule D 7.A
- David Mcneishinsurancen
- Tim Breedloveinsurancen
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Charlotte, Nc · principal | 6 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,394 to 1,429Aug 20, 2025 to Mar 17, 2026
- Corporate clients · 13 to 16Aug 20, 2025 to Mar 17, 2026
- HNW clients · 187 to 244Aug 20, 2025 to Mar 17, 2026
- Individual clients · 361 to 276Aug 20, 2025 to Mar 17, 2026
- Assets in custody · $65.5M to $64.9MAug 20, 2025 to Mar 17, 2026
- Discretionary RAUM · $968M to $1.1BAug 20, 2025 to Mar 17, 2026
- HNW RAUM · $767M to $941MAug 20, 2025 to Mar 17, 2026
- Individual RAUM · $136M to $86.9MAug 20, 2025 to Mar 17, 2026
- Non-discretionary RAUM · $4.2M to $13.9MAug 20, 2025 to Mar 17, 2026
- RAUM · $973M to $1.1BAug 20, 2025 to Mar 17, 2026
- Other offices · 0 to 1Jul 15, 2025 to Aug 20, 2025
- Financial planning clients · 251-500 to 251-500Apr 8, 2025 to Jul 15, 2025
- Advisory employees · 6 to 7Mar 5, 2025 to Apr 8, 2025
- Employees · 8 to 9Mar 5, 2025 to Apr 8, 2025
- State-registered IARs · 6 to 7Mar 5, 2025 to Apr 8, 2025
- Accounts · 1,387 to 1,394Oct 30, 2024 to Mar 5, 2025
- Advisory employees · 7 to 6Oct 30, 2024 to Mar 5, 2025
- Charity clients · 15 to 11Oct 30, 2024 to Mar 5, 2025
- Corporate clients · 22 to 13Oct 30, 2024 to Mar 5, 2025
- HNW clients · 196 to 187Oct 30, 2024 to Mar 5, 2025
- Individual clients · 436 to 361Oct 30, 2024 to Mar 5, 2025
- Assets in custody · $0 to $65.5MOct 30, 2024 to Mar 5, 2025
- Employees · 9 to 8Oct 30, 2024 to Mar 5, 2025
- State-registered IARs · 7 to 6Oct 30, 2024 to Mar 5, 2025
- Discretionary RAUM · $851M to $968MOct 30, 2024 to Mar 5, 2025
- HNW RAUM · $648M to $767MOct 30, 2024 to Mar 5, 2025
- Individual RAUM · $146M to $136MOct 30, 2024 to Mar 5, 2025
- Non-discretionary RAUM · $9.6M to $4.2MOct 30, 2024 to Mar 5, 2025
- RAUM · $860M to $973MOct 30, 2024 to Mar 5, 2025
- Advisory employees · 6 to 7Aug 20, 2024 to Oct 30, 2024
- Employees · 8 to 9Aug 20, 2024 to Oct 30, 2024
- State-registered IARs · 6 to 7Aug 20, 2024 to Oct 30, 2024
- Advisory employees · 5 to 6Aug 9, 2024 to Aug 20, 2024
- State-registered IARs · 5 to 6Aug 9, 2024 to Aug 20, 2024
- Advisory employees · 4 to 5Apr 3, 2024 to Aug 6, 2024
- Employees · 7 to 8Apr 3, 2024 to Aug 6, 2024
- State-registered IARs · 2 to 5Apr 3, 2024 to Aug 6, 2024
- Advisory employees · 5 to 4Mar 12, 2024 to Apr 2, 2024
- Employees · 8 to 7Mar 12, 2024 to Apr 2, 2024
- State-registered IARs · 3 to 2Mar 12, 2024 to Apr 2, 2024
Signals
2 dated events
- Justin Tyler Stehle left Laurel Wealth Advisors, Llc for Cerity Partners Llc (registered 2025-07-17)Feb 11, 2025 · Advisor changed firm · fact
- Clinton Douglas Townsend left Laurel Wealth Advisors, Llc for Bragg Financial Advisors Inc (registered 2023-05-19)Apr 24, 2023 · Advisor changed firm · 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
- 704-927-4379reportedpublic record, Form ADV, Mar 17, 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
- $184Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026