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

W•••••• C•••••• M••••••••• I•••

Independent wealth managerDallas, TexasCRD 119174SEC 801-70100IAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 20 filings
SEC status approved since Apr 30, 2009
RAUM
$1.5B
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
66%
$979M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$496M
derived; firm RAUM over IAPD count
Employees
7
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$1.5B as of Mar 31, 2026
Mar 30, 2012$212M then
HNW client RAUM$912M as of Mar 31, 2026
Mar 29, 2018$491M then
State-registered IARs (5.B.3)3 as of Mar 31, 2026
Apr 1, 20133 then
Employees (5.A)7 as of Mar 31, 2026
Apr 1, 20135 then
Private funds1 as of Mar 31, 2026
Mar 30, 20122 then
RAUM +9.9% over the last fiscal year+12% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$496MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
138derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.5MderivedHNW RAUM over HNW clients
Average account
$3.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
2.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.3derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+9.9%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.0%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$143M, 1 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$912M61%
  • Corporations and businesses$326M22%
  • Pooled investment vehicles$143M9.6%
  • Individuals$67.0M4.5%
  • Charitable organizations$41.4M2.8%
Individual clients
153reported
HNW clients
262reported
Pension plan clients
0reported
Charitable clients
6reported
Accounts
491reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$143M for 1 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.66 fund_share=0.1 institutional_share=0.03 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
C••••••••• L•• T•••••••Dallas, TxMar 23, 202124 y1
S•••• T••••• W••••••Dallas, TxMar 23, 202124 y1
E•••••••• S•••••• R••••••Chartered Financial AnalystDallas, TxMar 23, 202125 y6
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
Private funds
2 reported on Schedule D 7.B.(1)
Owners and control persons
Schedule A and B, latest filing
  • E•••••• B••••• H•••• · Chief Compliance Officercontrol
    since 01/2010 · owns less than 5%
  • T•••••••• C••••••••• L•• · Vice Presidentcontrol
    since 07/2004 · owns 10% to 25%
  • W••••••• S••••• T••••• · President/Secretarycontrol
    since 01/2002 · owns 50% to 75%
  • B•••••• L••••• L•• · Shareholder
    since 01/2022 · owns 10% to 25%
  • C•••••••• J•••••••• C•••• H•••••• · Shareholder
    since 01/2002 · owns 5% to 10%
  • R••••••••• W••••••• E• · Shareholder
    since 02/2007 · owns 5% to 10%
Entity owners
  • E••••• O• T••••• D• B••••• · Shareholder
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
  • A••••• W•••••• I••••••••• M••••••••• L••
    pooled vehicle sponsory
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Dallas, Tx · principal300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Mar 31, 2026
    W••••••• S••••• T••••• (PRESIDENT/SECRETARY) left Schedule A between the filings of 2020-03-30 and 2026-03-31
    peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
  • Accounts · 479 to 491
    Mar 31, 2025 to Mar 31, 2026
  • Corporate clients · 68 to 65
    Mar 31, 2025 to Mar 31, 2026
  • Individual clients · 141 to 153
    Mar 31, 2025 to Mar 31, 2026
  • Pooled vehicle clients · 2 to 1
    Mar 31, 2025 to Mar 31, 2026
  • Assets in custody · $129M to $143M
    Mar 31, 2025 to Mar 31, 2026
  • Private funds · 2 to 1
    Mar 31, 2025 to Mar 31, 2026
  • Discretionary RAUM · $1.3B to $1.5B
    Mar 31, 2025 to Mar 31, 2026
  • HNW RAUM · $835M to $912M
    Mar 31, 2025 to Mar 31, 2026
  • Individual RAUM · $46.6M to $67.0M
    Mar 31, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $26.0M to $24.2M
    Mar 31, 2025 to Mar 31, 2026
  • Pooled vehicle RAUM · $136M to $143M
    Mar 31, 2025 to Mar 31, 2026
  • RAUM · $1.4B to $1.5B
    Mar 31, 2025 to Mar 31, 2026
  • Accounts · 474 to 479
    Mar 28, 2024 to Mar 31, 2025
  • Charity clients · 8 to 6
    Mar 28, 2024 to Mar 31, 2025
  • Corporate clients · 67 to 68
    Mar 28, 2024 to Mar 31, 2025
  • HNW clients · 230 to 262
    Mar 28, 2024 to Mar 31, 2025
  • Individual clients · 167 to 141
    Mar 28, 2024 to Mar 31, 2025
  • Assets in custody · $120M to $129M
    Mar 28, 2024 to Mar 31, 2025
  • Employees · 6 to 7
    Mar 28, 2024 to Mar 31, 2025
  • Financial planning clients · 0 to 0
    Mar 28, 2024 to Mar 31, 2025
  • Discretionary RAUM · $1.2B to $1.3B
    Mar 28, 2024 to Mar 31, 2025
  • HNW RAUM · $685M to $835M
    Mar 28, 2024 to Mar 31, 2025
  • Individual RAUM · $84.1M to $46.6M
    Mar 28, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $13.7M to $26.0M
    Mar 28, 2024 to Mar 31, 2025
  • Pooled vehicle RAUM · $140M to $136M
    Mar 28, 2024 to Mar 31, 2025
  • RAUM · $1.2B to $1.4B
    Mar 28, 2024 to Mar 31, 2025
  • Accounts · 435 to 474
    Mar 30, 2023 to Mar 28, 2024
  • Advisory employees · 7 to 6
    Mar 30, 2023 to Mar 28, 2024
  • Corporate clients · 61 to 67
    Mar 30, 2023 to Mar 28, 2024
  • HNW clients · 226 to 230
    Mar 30, 2023 to Mar 28, 2024
  • Individual clients · 138 to 167
    Mar 30, 2023 to Mar 28, 2024
  • Assets in custody · $126M to $120M
    Mar 30, 2023 to Mar 28, 2024
  • Employees · 7 to 6
    Mar 30, 2023 to Mar 28, 2024
  • Discretionary RAUM · $1.0B to $1.2B
    Mar 30, 2023 to Mar 28, 2024
  • HNW RAUM · $600M to $685M
    Mar 30, 2023 to Mar 28, 2024
  • Individual RAUM · $68.2M to $84.1M
    Mar 30, 2023 to Mar 28, 2024
  • Non-discretionary RAUM · $15.8M to $13.7M
    Mar 30, 2023 to Mar 28, 2024
  • Pooled vehicle RAUM · $152M to $140M
    Mar 30, 2023 to Mar 28, 2024
  • RAUM · $1.1B to $1.2B
    Mar 30, 2023 to Mar 28, 2024
  • Accounts · 421 to 435
    Mar 30, 2022 to Mar 30, 2023
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
Principal office phone
214-303-0200reportedpublic record, Form ADV, Mar 31, 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
$496Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026