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SEC-registered adviser

S••••• F•••••••• S•••••••

Independent wealth managerAnnapolis, MarylandCRD 121534SEC 801-62679websiteIAPD
Legal name S••••• F•••••••• S•••••••• L••
Latest filing Mar 27, 2026
First filing on the tape Mar 29, 2012 · 19 filings
SEC status approved since Jan 23, 2004
RAUM
$286M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$285M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$143M
derived; firm RAUM over IAPD count
Employees
6
2 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$286M as of Mar 27, 2026
Mar 29, 2012$91.6M then
HNW client RAUM$209M as of Mar 27, 2026
Mar 30, 2018$132M then
State-registered IARs (5.B.3)2 as of Mar 27, 2026
Mar 28, 20133 then
Employees (5.A)6 as of Mar 27, 2026
Mar 28, 20136 then
Private funds: no history
RAUM +9.9% over the last fiscal year+11% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • 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
$143MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
165derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.1MderivedHNW RAUM over HNW clients
Average account
$486,939derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
0.7derived3 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
-11%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
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$209M73%
  • Individuals$76.7M27%
  • Other investment advisers$985,1520.3%
Individual clients
228reported
HNW clients
101reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
588reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
R••••• M• S•••••Arlington, Va Mar 14, 200622 y0
D••••• R•••••• G•••••Sewell, NjOct 13, 200620 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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • B••••••• K••••••• S••••• · Partnercontrol
        since 09/2007 · owns 50% to 75%
      • S•••••• R•••••• M• · Chief Compliance Officercontrol
        since 09/2004 · owns 50% to 75%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      • Arlington, VA1 employees
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 634 to 588
        Mar 26, 2025 to Mar 27, 2026
      • HNW clients · 86 to 101
        Mar 26, 2025 to Mar 27, 2026
      • Individual clients · 285 to 228
        Mar 26, 2025 to Mar 27, 2026
      • Discretionary RAUM · $261M to $286M
        Mar 26, 2025 to Mar 27, 2026
      • HNW RAUM · $158M to $209M
        Mar 26, 2025 to Mar 27, 2026
      • Individual RAUM · $101M to $76.7M
        Mar 26, 2025 to Mar 27, 2026
      • RAUM · $261M to $286M
        Mar 26, 2025 to Mar 27, 2026
      • Accounts · 633 to 634
        Jan 2, 2025 to Mar 26, 2025
      • HNW clients · 80 to 86
        Jan 2, 2025 to Mar 26, 2025
      • Individual clients · 280 to 285
        Jan 2, 2025 to Mar 26, 2025
      • Employees · 8 to 6
        Jan 2, 2025 to Mar 26, 2025
      • Financial planning clients · 0 to 0
        Jan 2, 2025 to Mar 26, 2025
      • Discretionary RAUM · $228M to $261M
        Jan 2, 2025 to Mar 26, 2025
      • HNW RAUM · $136M to $158M
        Jan 2, 2025 to Mar 26, 2025
      • Individual RAUM · $90.8M to $101M
        Jan 2, 2025 to Mar 26, 2025
      • RAUM · $228M to $261M
        Jan 2, 2025 to Mar 26, 2025
      • Accounts · 632 to 633
        Mar 29, 2023 to Mar 27, 2024
      • HNW clients · 88 to 80
        Mar 29, 2023 to Mar 27, 2024
      • Discretionary RAUM · $208M to $228M
        Mar 29, 2023 to Mar 27, 2024
      • HNW RAUM · $127M to $136M
        Mar 29, 2023 to Mar 27, 2024
      • Individual RAUM · $79.1M to $90.8M
        Mar 29, 2023 to Mar 27, 2024
      • RAUM · $208M to $228M
        Mar 29, 2023 to Mar 27, 2024
      • Accounts · 614 to 632
        Mar 30, 2022 to Mar 29, 2023
      • HNW clients · 115 to 88
        Mar 30, 2022 to Mar 29, 2023
      • Individual clients · 244 to 280
        Mar 30, 2022 to Mar 29, 2023
      • Discretionary RAUM · $266M to $208M
        Mar 30, 2022 to Mar 29, 2023
      • HNW RAUM · $188M to $127M
        Mar 30, 2022 to Mar 29, 2023
      • Individual RAUM · $76.8M to $79.1M
        Mar 30, 2022 to Mar 29, 2023
      • RAUM · $266M to $208M
        Mar 30, 2022 to Mar 29, 2023
      • Accounts · 575 to 614
        Mar 29, 2021 to Mar 30, 2022
      • HNW clients · 94 to 115
        Mar 29, 2021 to Mar 30, 2022
      • Individual clients · 258 to 244
        Mar 29, 2021 to Mar 30, 2022
      • Employees · 7 to 8
        Mar 29, 2021 to Mar 30, 2022
      • Discretionary RAUM · $217M to $266M
        Mar 29, 2021 to Mar 30, 2022
      • HNW RAUM · $139M to $188M
        Mar 29, 2021 to Mar 30, 2022
      • Individual RAUM · $75.8M to $76.8M
        Mar 29, 2021 to Mar 30, 2022
      • RAUM · $217M to $266M
        Mar 29, 2021 to Mar 30, 2022
      • Accounts · 565 to 575
        Jun 29, 2020 to Mar 29, 2021
      • HNW clients · 85 to 94
        Jun 29, 2020 to Mar 29, 2021
      • Individual clients · 231 to 258
        Jun 29, 2020 to Mar 29, 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 email
      i•••@s•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
      Business phone
      703-258-0090reportedpublished by the firm, firm site, Sep 15, 2026
      Business phone
      443-458-0982reportedpublished by the firm, firm site, Sep 15, 2026
      Business phone
      410-224-0572reportedpublished by the firm, firm site, Sep 15, 2026
      Website
      S•••••FINANCIAL.COMreportedpublic record, Form ADV, Sep 21, 2026
      Principal office phone
      410-224-0572reportedpublic record, Form ADV, Mar 27, 2026
      Team page
      s•••••••••.comreportedpublished by the firm, firm site, Sep 15, 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
      $143Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026