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.
SEC-registered adviser
Northern Financial Advisors, Inc
Legal name Northern Financial Advisors, Inc.
Latest filing Jan 29, 2026
First filing on the tape Jul 1, 2020 · 9 filings
SEC status approved since Jul 31, 2020
RAUM
$684M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$684M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$114M
derived; firm RAUM over IAPD count
Employees
12
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$684M as of Jan 29, 2026
Jan 28, 2021$474M then
HNW client RAUM$623M as of Jan 29, 2026
Jan 28, 2021$365M then
State-registered IARs (5.B.3)6 as of Jan 29, 2026
Jan 28, 20214 then
Employees (5.A)12 as of Jan 29, 2026
Jan 28, 202110 then
Private funds: no history
RAUM +10% over the last fiscal year+10% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Jan 29, 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
- RAUM per advisor
- $114MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 54derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.3MderivedHNW RAUM over HNW clients
- Average account
- $349,524derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 6.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +10%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +0.3%derived
- Compensation
- fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, selection of other advisers, otherreportedItem 5.G
- Custody
- $90.4M, 122 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$623M91%
- Individuals$61.1M8.9%
- Individual clients
- 136reported
- HNW clients
- 188reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1,957reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- noreported
- Custody of client assets
- $90.4M for 122 clientsreported
- Compensation
- 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
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Christine IshamCertified Financial Planner | Bloomfield Hills, Mi | May 22, 2006 | 24 y | 0 |
| David Werner LentzCertified Financial Planner | Bloomfield Hills, Mi | May 22, 2006 | 24 y | 0 |
| Andrew Michael MclaneCertified Financial Planner | Bloomfield Hills, Mi | Jan 14, 2016 | 13 y | 0 |
| Dominic Robert ArnoldCertified Financial Planner | Bloomfield Hills, Mi | Nov 10, 2020 | 15 y | 0 |
| Dominik IshamCertified Financial Planner | Ferndale, Mi | Jan 1, 2025 | 15 y | 0 |
| Sabrina IshamCertified Financial Planner | Bloomfield Hills, Mi | Jun 18, 2025 | 10 y | 0 |
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 headcount1 left over 36 months
Left, latest
- Colin Stewart Fraser to Bloom AdvisorsFeb 26, 2024 · RIA to RIA
- Richard Christopher Salmen to Family Investment CenterJan 8, 2018 · Other
- Lakhaun Mckinley to Mnm Vested, LLCAug 27, 2009 · RIA to a state-registered adviser
- Gary A Murphy to The Mutual Fund StoreMay 29, 2008 · Other
- Michael Rudy to Wolakota Financial AdvisorsJan 4, 2007 · RIA to a state-registered adviser
Joined, latest
- Richard Christopher Salmen from Bok Financial AdvisorsAug 1, 2016 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Christine Isham · Presidentcontrolsince 05/2002 · owns 75% or more
- Cody Patrik Isham · Treasurercontrolsince 01/2023 · owns less than 5%
- Werner David Lentz · Chief Compliance Officersince 05/2002 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Bloomfield Hills, Mi · principal | 6 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- custody status changedChange between filings · filing Jan 29, 2026custody of client assets (Item 9.A): no on the filing of 2025-01-27, yes on the filing of 2026-01-29peers: independent wealth managers, $500M to $1B (1,483)
What changed
consecutive filings, newest first
- Accounts · 2,147 to 1,957Jan 27, 2025 to Jan 29, 2026
- Advisory employees · 6 to 9Jan 27, 2025 to Jan 29, 2026
- HNW clients · 123 to 188Jan 27, 2025 to Jan 29, 2026
- Individual clients · 200 to 136Jan 27, 2025 to Jan 29, 2026
- Assets in custody · unset to 90424481.0Jan 27, 2025 to Jan 29, 2026
- Custody of client assets · false to trueJan 27, 2025 to Jan 29, 2026
- Employees · 13 to 12Jan 27, 2025 to Jan 29, 2026
- Discretionary RAUM · $614M to $684MJan 27, 2025 to Jan 29, 2026
- HNW RAUM · $544M to $623MJan 27, 2025 to Jan 29, 2026
- Individual RAUM · $75.7M to $61.1MJan 27, 2025 to Jan 29, 2026
- Non-discretionary RAUM · $5.8M to $97,305Jan 27, 2025 to Jan 29, 2026
- RAUM · $620M to $684MJan 27, 2025 to Jan 29, 2026
- Accounts · 2,131 to 2,147Jan 19, 2024 to Jan 27, 2025
- HNW clients · 114 to 123Jan 19, 2024 to Jan 27, 2025
- Individual clients · 197 to 200Jan 19, 2024 to Jan 27, 2025
- Financial planning clients · 251-500 to 251-500Jan 19, 2024 to Jan 27, 2025
- Discretionary RAUM · $555M to $614MJan 19, 2024 to Jan 27, 2025
- HNW RAUM · $485M to $544MJan 19, 2024 to Jan 27, 2025
- Individual RAUM · $76.4M to $75.7MJan 19, 2024 to Jan 27, 2025
- Non-discretionary RAUM · $6.3M to $5.8MJan 19, 2024 to Jan 27, 2025
- RAUM · $561M to $620MJan 19, 2024 to Jan 27, 2025
- Accounts · 2,175 to 2,131Jan 30, 2023 to Jan 19, 2024
- HNW clients · 250 to 114Jan 30, 2023 to Jan 19, 2024
- Individual clients · 100 to 197Jan 30, 2023 to Jan 19, 2024
- Employees · 12 to 13Jan 30, 2023 to Jan 19, 2024
- Discretionary RAUM · $500M to $555MJan 30, 2023 to Jan 19, 2024
- HNW RAUM · $323M to $485MJan 30, 2023 to Jan 19, 2024
- Individual RAUM · $184M to $76.4MJan 30, 2023 to Jan 19, 2024
- Non-discretionary RAUM · $8.2M to $6.3MJan 30, 2023 to Jan 19, 2024
- RAUM · $508M to $561MJan 30, 2023 to Jan 19, 2024
- Accounts · 1,984 to 2,175Jan 28, 2022 to Jan 26, 2023
- Advisory employees · 8 to 6Jan 28, 2022 to Jan 26, 2023
- HNW clients · 150 to 250Jan 28, 2022 to Jan 26, 2023
- Individual clients · 167 to 100Jan 28, 2022 to Jan 26, 2023
- Employees · 8 to 12Jan 28, 2022 to Jan 26, 2023
- State-registered IARs · 4 to 6Jan 28, 2022 to Jan 26, 2023
- Discretionary RAUM · $522M to $500MJan 28, 2022 to Jan 26, 2023
- HNW RAUM · $443M to $323MJan 28, 2022 to Jan 26, 2023
- Individual RAUM · $89.0M to $184MJan 28, 2022 to Jan 26, 2023
- Non-discretionary RAUM · $10.0M to $8.2MJan 28, 2022 to Jan 26, 2023
Signals
3 dated events
- Colin Stewart Fraser left Northern Financial Advisors, Inc for Bloom Advisors (registered 2024-12-10)Feb 26, 2024 · Advisor changed firm · fact
- Cody Patrik Isham (Treasurer) appeared on Schedule A of Northern Financial Advisors, IncJan 26, 2023 · Control person joined · fact
- Northern Financial Advisors, Inc filed its initial SEC registration (Form ADV)Jul 1, 2020 · First SEC registration · fact
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
- NORTHERNFINANCIALADVISORS.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 248-985-1632reportedpublic record, Form ADV, Jan 29, 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
- $114Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026