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.

Former SEC-registered adviser

Cascade Financial Management, Inc.

Former SEC-registered adviserDenver, ColoradoCRD 119030SEC 801-64346IAPD
Latest filing Jul 1, 2020
First filing on the tape Mar 29, 2012 · 27 filings
RAUM
$337M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$334M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
18
13 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$337M as of Apr 2, 2020
Mar 29, 2012$130M then
HNW client RAUM$232M as of Apr 2, 2020
Mar 26, 2018$196M then
State-registered IARs (5.B.3)13 as of Apr 2, 2020
Mar 29, 20120 then
Employees (5.A)18 as of Apr 2, 2020
Mar 27, 201313 then
Private funds: no history
RAUM +22% over the last fiscal year+17% a year over threeIARs 12 to 13
Practice profile
derived from the filing of Jul 1, 2020; every figure names its basis
RAUM per advisor
$25.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
40derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$296,342derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
2.6derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
+8.3%derivedItem 5.B.3 between annual amendments
Client growth, one year
-7.0%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for businesses and institutions, 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
  • is a broker-dealer (6.A.1)
  • 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$232M69%
  • Individuals$102M30%
  • Pension and profit-sharing plans$2.8M0.8%
Individual clients
419reported
HNW clients
97reported
Pension plan clients
1reported
Charitable clients
0reported
Accounts
1,138reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
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
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • David John Turner · Ceo/Rosfp/Directorcontrol
      since 05/2001 · owns 25% to 50%
    • John Joseph Vansant · Finop/Presidentcontrol
      since 01/2008 · owns 5% to 10%
    • Patricia Ann Erickson · Registered Representative
      since 04/2004 · owns 10% to 25%
    • Timothy James Kenkel · Chief Compliance Officer
      since 03/2013 · owns less than 5%
    Related persons
    Schedule D 7.A
    Advisers that list Cascade Financial Management, Inc. as a related person
    Offices
    Schedule D 1.F, the 25 largest
    • Boulder, CO2 employees
    • Frisco, TX2 employees
    • Springfield, MO1 employees
    • Tampa, FL1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 1,135 to 1,138
      Dec 3, 2019 to Apr 2, 2020
    • Advisory employees · 14 to 13
      Dec 3, 2019 to Apr 2, 2020
    • Advisory activities · 4 to 3
      Dec 3, 2019 to Apr 2, 2020
    • HNW clients · 69 to 97
      Dec 3, 2019 to Apr 2, 2020
    • Individual clients · 486 to 419
      Dec 3, 2019 to Apr 2, 2020
    • Assets in custody · 0.0 to unset
      Dec 3, 2019 to Apr 2, 2020
    • Employees · 17 to 18
      Dec 3, 2019 to Apr 2, 2020
    • Insurance-licensed employees · 3 to 2
      Dec 3, 2019 to Apr 2, 2020
    • State-registered IARs · 12 to 13
      Dec 3, 2019 to Apr 2, 2020
    • Discretionary RAUM · $276M to $337M
      Dec 3, 2019 to Apr 2, 2020
    • HNW RAUM · $163M to $232M
      Dec 3, 2019 to Apr 2, 2020
    • Individual RAUM · $111M to $102M
      Dec 3, 2019 to Apr 2, 2020
    • Pension RAUM · $3.2M to $2.8M
      Dec 3, 2019 to Apr 2, 2020
    • RAUM · $276M to $337M
      Dec 3, 2019 to Apr 2, 2020
    • Related broker-dealer · false to true
      Dec 3, 2019 to Apr 2, 2020
    • Wrap assets (manager) · 0.0 to unset
      Dec 3, 2019 to Apr 2, 2020
    • Wrap assets (sponsor) · 0.0 to unset
      Dec 3, 2019 to Apr 2, 2020
    • Advisory employees · 12 to 14
      Mar 28, 2019 to Nov 7, 2019
    • BD registered reps · 10 to 9
      Mar 28, 2019 to Nov 7, 2019
    • Commission compensation · true to false
      Mar 28, 2019 to Nov 7, 2019
    • Employees · 15 to 17
      Mar 28, 2019 to Nov 7, 2019
    • Insurance-licensed employees · 0 to 3
      Mar 28, 2019 to Nov 7, 2019
    • Accounts · 982 to 1,135
      Mar 26, 2018 to Mar 28, 2019
    • Advisory employees · 14 to 12
      Mar 26, 2018 to Mar 28, 2019
    • BD registered reps · 15 to 10
      Mar 26, 2018 to Mar 28, 2019
    • HNW clients · 157 to 69
      Mar 26, 2018 to Mar 28, 2019
    • Individual clients · 256 to 486
      Mar 26, 2018 to Mar 28, 2019
    • Pension plan clients · 2 to 1
      Mar 26, 2018 to Mar 28, 2019
    • Employees · 19 to 15
      Mar 26, 2018 to Mar 28, 2019
    • State-registered IARs · 14 to 12
      Mar 26, 2018 to Mar 28, 2019
    • Other offices · 5 to 4
      Mar 26, 2018 to Mar 28, 2019
    • Discretionary RAUM · $258M to $276M
      Mar 26, 2018 to Mar 28, 2019
    • HNW RAUM · $196M to $163M
      Mar 26, 2018 to Mar 28, 2019
    • Individual RAUM · $59.3M to $111M
      Mar 26, 2018 to Mar 28, 2019
    • Pension RAUM · $3.1M to $3.2M
      Mar 26, 2018 to Mar 28, 2019
    • RAUM · $258M to $276M
      Mar 26, 2018 to Mar 28, 2019
    • Accounts · 779 to 982
      Dec 14, 2017 to Mar 26, 2018
    • Advisory employees · 11 to 14
      Dec 14, 2017 to Mar 26, 2018
    • BD registered reps · 12 to 15
      Dec 14, 2017 to Mar 26, 2018
    • Charity clients · unset to 0.0
      Dec 14, 2017 to Mar 26, 2018
    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.
    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