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

R••••• S•••••• C•••••• M••••••••• L••

Independent wealth managerTulsa, OklahomaCRD 118588SEC 801-68644websiteIAPD
Legal name S••••••• M•••• • S•••• L••
Latest filing Mar 27, 2026
First filing on the tape Jan 6, 2012 · 38 filings
SEC status approved since Jan 7, 2008
RAUM
$219M
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
91%
$199M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$73.0M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
38 filings and snapshots on the tape
RAUM$219M as of Mar 27, 2026
Jan 6, 2012$139M then
HNW client RAUM$126M as of Mar 27, 2026
Mar 14, 2018$158M then
State-registered IARs (5.B.3)3 as of Mar 27, 2026
Jan 6, 20120 then
Employees (5.A)5 as of Mar 27, 2026
Jan 3, 20137 then
Private funds: no history
RAUM +13% over the last fiscal year+4.7% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 27, 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
$73.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
58derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.0MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
95%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+13%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-39%derived
Compensation
percentage of assets, hourly, fixed fees, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 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
  • 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)
  • 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$126M57%
  • Individuals$73.2M33%
  • Corporations and businesses$20.3M9.3%
Individual clients
150reported
HNW clients
25reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
188reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourly, performancereported
Class basis
private_client_share=0.91 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S•••••• H•••• S•••••••Tulsa, OkJan 15, 200833 y0
R••••• L• B••••Tulsa, OkJan 5, 201525 y3
B•••• K•••• M••••••Claremore, Ok Dec 9, 202426 y2
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
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
  • S•••••••• S••••••• H•••• · Managing Member / Chief Compliance Officercontrol
    since 07/1995 · owns 75% or more
  • S•••••••• C••••••• M• · Owner
    since 03/2021 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Tulsa, Ok · principal300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • clients down average size upCombination · filing Mar 27, 2026
    private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $193,461,626 to $219,130,877, advisors 3 to 3, private clients 288 to 175, offices 0 to 0 (2025-03-31 to 2026-03-27)
    peers: independent wealth managers, $100M to $500M (5,676)
  • client count collapseChange between filings · filing Mar 27, 2026
    individual and HNW clients (Item 5.D) moved from 288.0 to 175.0 (-39.0%) between the annual amendments of 2025-03-31 and 2026-03-27; the peer median change was +3.0% (3309 comparable advisers, 3.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,309) · 2.8% percentile
  • account count collapseChange between filings · filing Mar 27, 2026
    accounts (Item 5.F.2.f) moved from 471.0 to 188.0 (-60.0%) between the annual amendments of 2025-03-31 and 2026-03-27; the peer median change was +5.0% (3687 comparable advisers, 2.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,687) · 2.1% percentile
What changed
consecutive filings, newest first
  • Accounts · 471 to 188
    Jun 17, 2025 to Mar 27, 2026
  • Corporate clients · 9 to 13
    Jun 17, 2025 to Mar 27, 2026
  • HNW clients · 32 to 25
    Jun 17, 2025 to Mar 27, 2026
  • Individual clients · 256 to 150
    Jun 17, 2025 to Mar 27, 2026
  • Discretionary RAUM · $184M to $209M
    Jun 17, 2025 to Mar 27, 2026
  • HNW RAUM · $103M to $126M
    Jun 17, 2025 to Mar 27, 2026
  • Individual RAUM · $73.3M to $73.2M
    Jun 17, 2025 to Mar 27, 2026
  • Non-discretionary RAUM · $9.6M to $10.5M
    Jun 17, 2025 to Mar 27, 2026
  • RAUM · $193M to $219M
    Jun 17, 2025 to Mar 27, 2026
  • Financial planning clients · 1-10 to 1-10
    Mar 31, 2025 to Jun 17, 2025
  • Accounts · 265 to 471
    Sep 4, 2024 to Mar 31, 2025
  • Corporate clients · unset to 9.0
    Sep 4, 2024 to Mar 31, 2025
  • Individual clients · 56 to 256
    Sep 4, 2024 to Mar 31, 2025
  • Discretionary RAUM · $215M to $184M
    Sep 4, 2024 to Mar 31, 2025
  • HNW RAUM · $190M to $103M
    Sep 4, 2024 to Mar 31, 2025
  • Individual RAUM · $34.1M to $73.3M
    Sep 4, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $9.3M to $9.6M
    Sep 4, 2024 to Mar 31, 2025
  • RAUM · $224M to $193M
    Sep 4, 2024 to Mar 31, 2025
  • Business name · S•• F•••••••• • I••••••••• M••••••••• to R••••• S•••••• C•••••• M••••••••• L••
    Sep 6, 2023 to Sep 21, 2023
  • Discretionary RAUM · $182M to $215M
    Apr 12, 2023 to Sep 6, 2023
  • HNW RAUM · $162M to $190M
    Apr 12, 2023 to Sep 6, 2023
  • Individual RAUM · $28.6M to $34.1M
    Apr 12, 2023 to Sep 6, 2023
  • Non-discretionary RAUM · $9.0M to $9.3M
    Apr 12, 2023 to Sep 6, 2023
  • RAUM · $191M to $224M
    Apr 12, 2023 to Sep 6, 2023
  • Accounts · 269 to 265
    Jun 8, 2022 to Apr 12, 2023
  • HNW clients · 20 to 32
    Jun 8, 2022 to Apr 12, 2023
  • Individual clients · 60 to 56
    Jun 8, 2022 to Apr 12, 2023
  • Discretionary RAUM · $198M to $182M
    Jun 8, 2022 to Apr 12, 2023
  • HNW RAUM · $182M to $162M
    Jun 8, 2022 to Apr 12, 2023
  • Individual RAUM · $24.8M to $28.6M
    Jun 8, 2022 to Apr 12, 2023
  • Non-discretionary RAUM · $9.3M to $9.0M
    Jun 8, 2022 to Apr 12, 2023
  • RAUM · $207M to $191M
    Jun 8, 2022 to Apr 12, 2023
  • Accounts · 235 to 269
    May 21, 2021 to Mar 31, 2022
  • HNW clients · 27 to 20
    May 21, 2021 to Mar 31, 2022
  • Individual clients · 50 to 60
    May 21, 2021 to Mar 31, 2022
  • Employees · 3 to 5
    May 21, 2021 to Mar 31, 2022
  • Discretionary RAUM · $201M to $198M
    May 21, 2021 to Mar 31, 2022
  • HNW RAUM · $191M to $182M
    May 21, 2021 to Mar 31, 2022
  • Individual RAUM · $19.1M to $24.8M
    May 21, 2021 to Mar 31, 2022
  • Non-discretionary RAUM · $8.9M to $9.3M
    May 21, 2021 to Mar 31, 2022
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
Website
H•••://WWW.SMSADVISOR.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
918-481-6262reportedpublic record, Form ADV, Mar 27, 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
$73.0Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026