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

Soundmark Wealth Management, LLC

Former SEC-registered adviserKirkland, WashingtonCRD 121344SEC 801-68799IAPD
Latest filing Mar 14, 2024
First filing on the tape Mar 30, 2012 · 37 filings
RAUM
$411M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$411M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$411M as of Feb 12, 2024
Mar 30, 2012$344M then
HNW client RAUM$347M as of Feb 12, 2024
Mar 30, 2018$551M then
State-registered IARs (5.B.3)6 as of Feb 12, 2024
Mar 30, 20120 then
Employees (5.A)6 as of Feb 12, 2024
Mar 27, 20139 then
Private funds: no history
RAUM +13% over the last fiscal year-21% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Mar 14, 2024; every figure names its basis
RAUM per advisor
$68.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
45derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.0MderivedHNW RAUM over HNW clients
Average account
$510,603derivedRAUM 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
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+13%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-1.8%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$141M, 187 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)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$347M84%
  • Individuals$64.1M16%
Individual clients
155reported
HNW clients
114reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
805reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$141M for 187 clientsreported
Compensation
% of AUM, fixedreported
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
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
    • Elizabeth Therese Mille · Chief Compliance Officercontrol
      since 09/2019 · owns less than 5%
    • Joseph William Schultheis · Membercontrol
      since 09/2007 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Boston, Ma000
    Kirkland, Wa · principal000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 810 to 805
      Aug 28, 2023 to Feb 12, 2024
    • HNW clients · 99 to 114
      Aug 28, 2023 to Feb 12, 2024
    • Individual clients · 175 to 155
      Aug 28, 2023 to Feb 12, 2024
    • Assets in custody · $120M to $141M
      Aug 28, 2023 to Feb 12, 2024
    • Employees · 7 to 6
      Aug 28, 2023 to Feb 12, 2024
    • Discretionary RAUM · $363M to $411M
      Aug 28, 2023 to Feb 12, 2024
    • HNW RAUM · $291M to $347M
      Aug 28, 2023 to Feb 12, 2024
    • Individual RAUM · $71.6M to $64.1M
      Aug 28, 2023 to Feb 12, 2024
    • RAUM · $363M to $411M
      Aug 28, 2023 to Feb 12, 2024
    • Accounts · 854 to 810
      Jul 1, 2022 to Jan 17, 2023
    • Advisory activities · 4 to 2
      Jul 1, 2022 to Jan 17, 2023
    • Corporate clients · 6 to 0
      Jul 1, 2022 to Jan 17, 2023
    • HNW clients · 114 to 99
      Jul 1, 2022 to Jan 17, 2023
    • Individual clients · 163 to 175
      Jul 1, 2022 to Jan 17, 2023
    • Assets in custody · $142M to $120M
      Jul 1, 2022 to Jan 17, 2023
    • Discretionary RAUM · $412M to $363M
      Jul 1, 2022 to Jan 17, 2023
    • HNW RAUM · $352M to $291M
      Jul 1, 2022 to Jan 17, 2023
    • Individual RAUM · $60.0M to $71.6M
      Jul 1, 2022 to Jan 17, 2023
    • RAUM · $412M to $363M
      Jul 1, 2022 to Jan 17, 2023
    • Accounts · 1,857 to 854
      Jan 19, 2022 to Mar 11, 2022
    • Advisory activities · 5 to 4
      Jan 19, 2022 to Mar 11, 2022
    • Charity clients · unset to 0.0
      Jan 19, 2022 to Mar 11, 2022
    • HNW clients · 225 to 114
      Jan 19, 2022 to Mar 11, 2022
    • Individual clients · 263 to 163
      Jan 19, 2022 to Mar 11, 2022
    • Pension plan clients · 16 to 0
      Jan 19, 2022 to Mar 11, 2022
    • Assets in custody · $358M to $142M
      Jan 19, 2022 to Mar 11, 2022
    • Discretionary RAUM · $832M to $412M
      Jan 19, 2022 to Mar 11, 2022
    • HNW RAUM · $657M to $352M
      Jan 19, 2022 to Mar 11, 2022
    • Individual RAUM · $99.4M to $60.0M
      Jan 19, 2022 to Mar 11, 2022
    • Pension RAUM · $63.0M to $0
      Jan 19, 2022 to Mar 11, 2022
    • RAUM · $832M to $412M
      Jan 19, 2022 to Mar 11, 2022
    • Advisory employees · 9 to 5
      Jun 9, 2021 to Jan 19, 2022
    • Advisory activities · 6 to 5
      Jun 9, 2021 to Jan 19, 2022
    • Commission compensation · true to false
      Jun 9, 2021 to Jan 19, 2022
    • Employees · 14 to 7
      Jun 9, 2021 to Jan 19, 2022
    • Financial planning clients · More than 500 to 251-500
      Jun 9, 2021 to Jan 19, 2022
    • State-registered IARs · 11 to 6
      Jun 9, 2021 to Jan 19, 2022
    • Related insurance company · true to false
      Jun 9, 2021 to Jan 19, 2022
    • Accounts · 1,783 to 1,857
      Jul 2, 2020 to Mar 25, 2021
    • Advisory employees · 8 to 9
      Jul 2, 2020 to Mar 25, 2021
    Signals
    15 dated events
    • Benjamin David Hicks left Soundmark Wealth Management, Llc for Edelman Financial Engines (registered 2024-04-22)
      May 8, 2024 · Advisor changed firm · fact
    • Taraneh Mozaffarian left Soundmark Wealth Management, Llc for Edelman Financial Engines (registered 2024-04-22)
      May 8, 2024 · Advisor changed firm · fact
    • William Joseph Schultheis left Soundmark Wealth Management, Llc for Edelman Financial Engines (registered 2024-04-26)
      May 8, 2024 · Advisor changed firm · fact
    • Kalikolehua Michelle Veiseh left Soundmark Wealth Management, Llc for Edelman Financial Engines (registered 2024-04-22)
      May 8, 2024 · Advisor changed firm · fact
    • Therese Elizabeth Mille left Soundmark Wealth Management, Llc for Edelman Financial Engines (registered 2024-05-01)
      May 8, 2024 · Advisor changed firm · fact
    • Soundmark Wealth Management, LLC's advisors moved to Edelman Financial Engines (Kirkland, WA): 4 of 5 registered, on the same day
      May 8, 2024 · Firm absorbed (people side) · derived
    • John Christopher D'Amelio left Soundmark Wealth Management, Llc for The Mather Group, Llc (registered 2022-05-03)
      Apr 25, 2022 · Advisor changed firm · fact
    • Soundmark Wealth Management, Llc reported RAUM $411.9M, down 50% from $831.7M (2022-01-19 to 2022-03-11)
      Mar 11, 2022 · RAUM change · derived
    • David Todd Flynn (Member) no longer on Schedule A of Soundmark Wealth Management, Llc (listed 2021-06-09, absent 2022-01-19)
      Jan 19, 2022 · Control person left · inference
    • Edward John Buller (Member) no longer on Schedule A of Soundmark Wealth Management, Llc (listed 2021-06-09, absent 2022-01-19)
      Jan 19, 2022 · Control person left · inference
    • Taraneh Mozaffarian left Soundmark Wealth Management, Llc for Ep Wealth Advisors (registered 2022-02-02)
      Jan 3, 2022 · Advisor changed firm · fact
    • Elizabeth Ann Mc Queen left Soundmark Wealth Management, Llc for Ep Wealth Advisors (registered 2022-01-10)
      Jan 3, 2022 · Advisor changed firm · fact
    • James Francis Nevers left Soundmark Wealth Management, Llc for Ep Wealth Advisors (registered 2022-01-10)
      Jan 3, 2022 · Advisor changed firm · fact
    • Elizabeth Therese Mille (Chief Compliance Officer) appeared on Schedule A of Soundmark Wealth Management, Llc
      Oct 4, 2019 · Control person joined · fact
    • Virginia Joyce Bloomquist (Chief Compliance Officer) no longer on Schedule A of Soundmark Wealth Management, Llc (listed 2019-03-29, absent 2019-04-22)
      Apr 22, 2019 · Control person left · inference
    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