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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Former SEC-registered adviser

R•••• C•••••• M••••••••• L••

Former SEC-registered adviserAmerican Fork, UtahCRD 120253SEC 801-64363websiteIAPD
Latest filing Feb 6, 2025
First filing on the tape Mar 22, 2012 · 28 filings
SEC status approved since Jun 24, 2005
RAUM
$307M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$291M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
8
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$307M as of Feb 6, 2025
Mar 22, 2012$137M then
HNW client RAUM$216M as of Feb 6, 2025
Mar 5, 2018$146M then
State-registered IARs (5.B.3)7 as of Feb 6, 2025
Mar 25, 20136 then
Employees (5.A)8 as of Feb 6, 2025
Mar 25, 20137 then
Private funds: no history
RAUM +11% over the last fiscal year+4.5% a year over threeIARs 8 to 7
Practice profile
derived from the filing of Feb 6, 2025; every figure names its basis
RAUM per advisor
$43.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
51derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$852,353derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.1derivedItem 5.A over advisors
Advisors per office
7.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
-13%derivedItem 5.B.3 between annual amendments
Client growth, one year
-2.7%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, 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
  • 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$216M70%
  • Individuals$75.3M25%
  • Corporations and businesses$14.7M4.8%
  • Charitable organizations$1.3M0.4%
Individual clients
260reported
HNW clients
96reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
360reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, 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
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
    • F•••••• C••••••• W••••• · Managing Membercontrol
      since 03/2005 · owns less than 5%
    • R••••• C••••• L•••• · Managing Membercontrol
      since 01/2003 · owns less than 5%
    • R••••• J••• A•••••• · Managing Membercontrol
      since 03/2002 · owns less than 5%
    • T•••••••• K•••• R••••• · Chief Compliance Officercontrol
      since 08/2013 · owns less than 5%
    • F•••••• C••••••• W••••• · Ownercontrol
      since 05/2005 · owns 75% or more of F••••••• I•••
    • R••••• C••••• L•••• · Ownercontrol
      since 05/2005 · owns 75% or more of V••••• C••••••• I•••
    • R••••• J••• A•••••• · Ownercontrol
      since 05/2005 · owns 75% or more of A•••• C•••••• A•••••••• I•••
    Entity owners
    • A•••• C•••••• A•••••••• I••• · Owner
      direct · owns 50% to 75%
    • F••••••• I••• · Owner
      direct · owns 10% to 25%
    • V••••• C••••••• I••• · Owner
      direct · owns 25% to 50%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    American Fork, Ut · principal000
    Orem, Ut000
    Pleasant Grove, Ut000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 372 to 360
      Mar 25, 2024 to Feb 6, 2025
    • Advisory employees · 7 to 6
      Mar 25, 2024 to Feb 6, 2025
    • HNW clients · 74 to 96
      Mar 25, 2024 to Feb 6, 2025
    • Individual clients · 292 to 260
      Mar 25, 2024 to Feb 6, 2025
    • Employees · 9 to 8
      Mar 25, 2024 to Feb 6, 2025
    • Financial planning clients · 1-10 to 0
      Mar 25, 2024 to Feb 6, 2025
    • State-registered IARs · 8 to 7
      Mar 25, 2024 to Feb 6, 2025
    • Discretionary RAUM · $275M to $307M
      Mar 25, 2024 to Feb 6, 2025
    • HNW RAUM · $163M to $216M
      Mar 25, 2024 to Feb 6, 2025
    • Individual RAUM · $97.2M to $75.3M
      Mar 25, 2024 to Feb 6, 2025
    • RAUM · $275M to $307M
      Mar 25, 2024 to Feb 6, 2025
    • Advisory employees · 6 to 7
      Feb 2, 2023 to Mar 25, 2024
    • HNW clients · 68 to 74
      Feb 2, 2023 to Mar 25, 2024
    • Individual clients · 301 to 292
      Feb 2, 2023 to Mar 25, 2024
    • Employees · 8 to 9
      Feb 2, 2023 to Mar 25, 2024
    • Financial planning clients · 0 to 1-10
      Feb 2, 2023 to Mar 25, 2024
    • State-registered IARs · 7 to 8
      Feb 2, 2023 to Mar 25, 2024
    • Discretionary RAUM · $253M to $275M
      Feb 2, 2023 to Mar 25, 2024
    • HNW RAUM · $148M to $163M
      Feb 2, 2023 to Mar 25, 2024
    • Individual RAUM · $89.2M to $97.2M
      Feb 2, 2023 to Mar 25, 2024
    • RAUM · $253M to $275M
      Feb 2, 2023 to Mar 25, 2024
    • Accounts · 376 to 372
      Sep 29, 2022 to Feb 2, 2023
    • HNW clients · 76 to 68
      Sep 29, 2022 to Feb 2, 2023
    • Individual clients · 297 to 301
      Sep 29, 2022 to Feb 2, 2023
    • Employees · 7 to 8
      Sep 29, 2022 to Feb 2, 2023
    • Discretionary RAUM · $269M to $253M
      Sep 29, 2022 to Feb 2, 2023
    • HNW RAUM · $160M to $148M
      Sep 29, 2022 to Feb 2, 2023
    • Individual RAUM · $84.5M to $89.2M
      Sep 29, 2022 to Feb 2, 2023
    • RAUM · $269M to $253M
      Sep 29, 2022 to Feb 2, 2023
    • Accounts · 372 to 376
      Mar 31, 2021 to Mar 28, 2022
    • HNW clients · 68 to 76
      Mar 31, 2021 to Mar 28, 2022
    • Individual clients · 304 to 297
      Mar 31, 2021 to Mar 28, 2022
    • HQ city · PROVO to AMERICAN FORK
      Mar 31, 2021 to Mar 28, 2022
    • Discretionary RAUM · $260M to $269M
      Mar 31, 2021 to Mar 28, 2022
    • HNW RAUM · $151M to $160M
      Mar 31, 2021 to Mar 28, 2022
    • Individual RAUM · $85.7M to $84.5M
      Mar 31, 2021 to Mar 28, 2022
    • RAUM · $260M to $269M
      Mar 31, 2021 to Mar 28, 2022
    • Advisory activities · 2 to 3
      Jul 6, 2020 to Mar 31, 2021
    • BD registered reps · 3 to 0
      Jul 6, 2020 to Mar 31, 2021
    • HNW clients · 64 to 68
      Jul 6, 2020 to Mar 31, 2021
    Signals
    7 dated events
    • R•••• C•••••• M••••••••• L•• no longer on the SEC adviser roster (last listed 2025-05-02, RAUM $306.8M)
      Jun 2, 2025 · Left the SEC roster · derived
    • C•••••• W••••• F••••• left R•••• C•••••• M••••••••• L•• for M•••• F•••••••• A••••••• (registered 2025-05-30)
      May 30, 2025 · Advisor changed firm · fact
    • J•• A•••••• R•••• left R•••• C•••••• M••••••••• L•• for Spc (registered 2004-01-27)
      May 30, 2025 · Advisor changed firm · fact
    • C•••• R•••• left R•••• C•••••• M••••••••• L•• for M•••• F•••••••• A••••••• (registered 2025-05-30)
      May 30, 2025 · Advisor changed firm · fact
    • R•••• C•••••• M••••••••• L••'s advisors moved to M•••• F•••••••• A••••••• (American Fork, UT): 3 of 5 registered, on the same day
      May 30, 2025 · Firm absorbed (people side) · derived
    • J•••• H•••••• left R•••• C•••••• M••••••••• L•• for M•••• F•••••••• A••••••• (registered 2025-05-30)
      May 30, 2025 · Advisor changed firm · fact
    • M•••••• L•••• R••• left R•••• C•••••• M••••••••• L•• for I••••••••• F•••••••• P••••••• (registered 2025-06-16)
      May 30, 2025 · 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.
    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