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

S•••••••••

Independent wealth managerCRD 119311SEC 801-69016websiteIAPD
Legal name A•••••• L••••• M•••••
Latest filing Mar 3, 2026
First filing on the tape Mar 7, 2012 · 19 filings
SEC status approved since Apr 2, 2008
RAUM
$439M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$439M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$219M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$439M as of Mar 3, 2026
Mar 7, 2012$104M then
HNW client RAUM$430M as of Mar 3, 2026
Mar 6, 2018$171M then
State-registered IARs (5.B.3)2 as of Mar 3, 2026
Mar 7, 20120 then
Employees (5.A)2 as of Mar 3, 2026
Mar 12, 20131 then
Private funds: no history
RAUM +18% over the last fiscal year+22% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 3, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$219MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
34derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$9.5MderivedHNW RAUM over HNW clients
Average account
$2.0MderivedRAUM 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
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-9.5%derived
Compensation
percentage of assets, fixed feesreportedItem 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$430M98%
  • Individuals$9.2M2.1%
Individual clients
22reported
HNW clients
45reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
222reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
L••••• M••••• A•••••Carlsbad, CaApr 23, 200132 y0
S•••• N••• J•••••Burbank, Ca Feb 17, 201813 y0
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
Left, latest
Joined, latest
none on the tape
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • A•••••• L•••••• M••••• · Ownercontrol
      since 02/2001 · owns 75% or more
    • J•••••• S••••• N••• · Chief Compliance Officer
      since 06/2021 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Carlsbad, Ca200
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • unusually large average HNW clientStatic outlier · filing Mar 3, 2026
      HNW RAUM per HNW client of $9,549,591 against a peer median of $2,404,040 (4940 comparable advisers, 99.0th percentile, 4.8 robust deviations)
      peers: independent wealth managers, $100M to $500M (4,940) · 99% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 234 to 222
      Mar 7, 2025 to Mar 3, 2026
    • HNW clients · 44 to 45
      Mar 7, 2025 to Mar 3, 2026
    • Individual clients · 30 to 22
      Mar 7, 2025 to Mar 3, 2026
    • Discretionary RAUM · $371M to $439M
      Mar 7, 2025 to Mar 3, 2026
    • HNW RAUM · $360M to $430M
      Mar 7, 2025 to Mar 3, 2026
    • Individual RAUM · $10.8M to $9.2M
      Mar 7, 2025 to Mar 3, 2026
    • RAUM · $371M to $439M
      Mar 7, 2025 to Mar 3, 2026
    • Accounts · 222 to 234
      Feb 20, 2024 to Mar 7, 2025
    • Individual clients · 23 to 30
      Feb 20, 2024 to Mar 7, 2025
    • Financial planning clients · 51-100 to 51-100
      Feb 20, 2024 to Mar 7, 2025
    • HQ city · unset to
      Feb 20, 2024 to Mar 7, 2025
    • HQ state · unset to
      Feb 20, 2024 to Mar 7, 2025
    • Discretionary RAUM · $329M to $371M
      Feb 20, 2024 to Mar 7, 2025
    • HNW RAUM · $322M to $360M
      Feb 20, 2024 to Mar 7, 2025
    • Individual RAUM · $7.1M to $10.8M
      Feb 20, 2024 to Mar 7, 2025
    • RAUM · $329M to $371M
      Feb 20, 2024 to Mar 7, 2025
    • Accounts · 227 to 222
      Mar 4, 2023 to Feb 20, 2024
    • Individual clients · 32 to 23
      Mar 4, 2023 to Feb 20, 2024
    • Discretionary RAUM · $243M to $329M
      Mar 4, 2023 to Feb 20, 2024
    • HNW RAUM · $230M to $322M
      Mar 4, 2023 to Feb 20, 2024
    • Individual RAUM · $13.2M to $7.1M
      Mar 4, 2023 to Feb 20, 2024
    • RAUM · $243M to $329M
      Mar 4, 2023 to Feb 20, 2024
    • Accounts · 226 to 227
      Jan 31, 2022 to Mar 4, 2023
    • Individual clients · 33 to 32
      Jan 31, 2022 to Mar 4, 2023
    • Discretionary RAUM · $292M to $243M
      Jan 31, 2022 to Mar 4, 2023
    • HNW RAUM · $283M to $230M
      Jan 31, 2022 to Mar 4, 2023
    • Individual RAUM · $9.5M to $13.2M
      Jan 31, 2022 to Mar 4, 2023
    • RAUM · $292M to $243M
      Jan 31, 2022 to Mar 4, 2023
    • Accounts · 191 to 226
      Aug 20, 2021 to Jan 31, 2022
    • HNW clients · 39 to 44
      Aug 20, 2021 to Jan 31, 2022
    • Individual clients · 27 to 33
      Aug 20, 2021 to Jan 31, 2022
    • Discretionary RAUM · $255M to $292M
      Aug 20, 2021 to Jan 31, 2022
    • HNW RAUM · $246M to $283M
      Aug 20, 2021 to Jan 31, 2022
    • Individual RAUM · $9.4M to $9.5M
      Aug 20, 2021 to Jan 31, 2022
    • RAUM · $255M to $292M
      Aug 20, 2021 to Jan 31, 2022
    • Employees · 3 to 2
      Feb 9, 2021 to Aug 20, 2021
    • State-registered IARs · 3 to 2
      Feb 9, 2021 to Aug 20, 2021
    • Accounts · 196 to 191
      May 26, 2020 to Feb 9, 2021
    • HNW clients · 35 to 39
      May 26, 2020 to Feb 9, 2021
    • Individual clients · 29 to 27
      May 26, 2020 to Feb 9, 2021
    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
    Business phone
    866-589-0430reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    866-808-0430reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    S•••••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    866-589-0430reportedpublic record, Form ADV, Mar 3, 2026
    Contact form
    s•••••••••.comreportedpublished by the firm, firm site, Sep 16, 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
    $219Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026