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

B•••• E•••• A•••• M••••••••• L••

Independent wealth managerVancouver, WashingtonCRD 121802SEC 801-61479websiteIAPD
Latest filing Aug 11, 2026
First filing on the tape Jan 24, 2012 · 23 filings
SEC status approved since Sep 20, 2002
RAUM
$1.0B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$1.0B individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$209M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$1.0B as of Aug 11, 2026
Jan 24, 2012$359M then
HNW client RAUM$913M as of Aug 11, 2026
Mar 29, 2018$490M then
State-registered IARs (5.B.3)4 as of Aug 11, 2026
Jan 24, 20120 then
Employees (5.A)5 as of Aug 11, 2026
Mar 15, 20135 then
Private funds: no history
RAUM +20% over the last fiscal year+12% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Aug 11, 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
$209MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
67derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.6MderivedHNW RAUM over HNW clients
Average account
$3.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+20%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 assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$62.5M, 23 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)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$913M87%
  • Individuals$105M10%
  • Charitable organizations$15.4M1.5%
  • Corporations and businesses$13.1M1.3%
Individual clients
196reported
HNW clients
138reported
Pension plan clients
n/areported
Charitable clients
2reported
Accounts
343reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$62.5M for 23 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
P••••••• A••• W•••••Vancouver, WaSep 24, 201912 y0
B•••• C•••••••• B••••Chartered Financial AnalystVancouver, WaAug 21, 202337 y0
J••• B•••••• G•••Certified Financial Planner, Chartered Financial AnalystVancouver, WaAug 21, 202331 y1
B••••• C•••••• E••••Vancouver, WaAug 21, 202330 y0
K•••••• K• M•••••••Certified Financial PlannerRidgefield, Wa Aug 13, 202614 y2
Advisor movement
0 left, 1 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B••••• B••••• C•••••••• · Member Operationscontrol
    since 02/2002 · owns 50% to 75%
  • E••••• B•••••• C•••••• · Membercontrol
    since 01/2021 · owns 50% to 75%
  • W•••••• P•••••••• A••• · Cco, Head Of Operationscontrol
    since 01/2021 · 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
Vancouver, Wa · principal510
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Aug 11, 2026
    W•••••• P•••••••• A••• (CCO, HEAD OF OPERATIONS) left Schedule A between the filings of 2021-02-19 and 2026-08-11
    peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
  • Accounts · 349 to 343
    Mar 4, 2025 to Feb 11, 2026
  • HNW clients · 140 to 138
    Mar 4, 2025 to Feb 11, 2026
  • Individual clients · 200 to 196
    Mar 4, 2025 to Feb 11, 2026
  • Assets in custody · $56.9M to $62.5M
    Mar 4, 2025 to Feb 11, 2026
  • Discretionary RAUM · $874M to $1.0B
    Mar 4, 2025 to Feb 11, 2026
  • HNW RAUM · $749M to $913M
    Mar 4, 2025 to Feb 11, 2026
  • Individual RAUM · $100M to $105M
    Mar 4, 2025 to Feb 11, 2026
  • RAUM · $874M to $1.0B
    Mar 4, 2025 to Feb 11, 2026
  • Accounts · 330 to 349
    Feb 29, 2024 to Mar 4, 2025
  • Charity clients · 3 to 2
    Feb 29, 2024 to Mar 4, 2025
  • Corporate clients · 6 to 7
    Feb 29, 2024 to Mar 4, 2025
  • HNW clients · 134 to 140
    Feb 29, 2024 to Mar 4, 2025
  • Individual clients · 185 to 200
    Feb 29, 2024 to Mar 4, 2025
  • Assets in custody · $64.7M to $56.9M
    Feb 29, 2024 to Mar 4, 2025
  • Financial planning clients · 11-25 to 11-25
    Feb 29, 2024 to Mar 4, 2025
  • Discretionary RAUM · $792M to $874M
    Feb 29, 2024 to Mar 4, 2025
  • HNW RAUM · $691M to $749M
    Feb 29, 2024 to Mar 4, 2025
  • Individual RAUM · $83.5M to $100M
    Feb 29, 2024 to Mar 4, 2025
  • RAUM · $792M to $874M
    Feb 29, 2024 to Mar 4, 2025
  • Accounts · 325 to 330
    Oct 19, 2023 to Feb 29, 2024
  • Advisory employees · 5 to 3
    Oct 19, 2023 to Feb 29, 2024
  • Corporate clients · 4 to 6
    Oct 19, 2023 to Feb 29, 2024
  • HNW clients · 132 to 134
    Oct 19, 2023 to Feb 29, 2024
  • Individual clients · 180 to 185
    Oct 19, 2023 to Feb 29, 2024
  • Assets in custody · $40.7M to $64.7M
    Oct 19, 2023 to Feb 29, 2024
  • Employees · 7 to 5
    Oct 19, 2023 to Feb 29, 2024
  • Financial planning clients · 1-10 to 11-25
    Oct 19, 2023 to Feb 29, 2024
  • State-registered IARs · 6 to 4
    Oct 19, 2023 to Feb 29, 2024
  • Discretionary RAUM · $751M to $792M
    Oct 19, 2023 to Feb 29, 2024
  • HNW RAUM · $664M to $691M
    Oct 19, 2023 to Feb 29, 2024
  • Individual RAUM · $72.8M to $83.5M
    Oct 19, 2023 to Feb 29, 2024
  • RAUM · $751M to $792M
    Oct 19, 2023 to Feb 29, 2024
  • Other offices · 1 to 0
    Jan 31, 2023 to Mar 16, 2023
  • Accounts · 295 to 325
    Apr 6, 2022 to Jan 31, 2023
  • Corporate clients · 3 to 4
    Apr 6, 2022 to Jan 31, 2023
  • HNW clients · 131 to 132
    Apr 6, 2022 to Jan 31, 2023
  • Individual clients · 157 to 180
    Apr 6, 2022 to Jan 31, 2023
  • Assets in custody · $41.3M to $40.7M
    Apr 6, 2022 to Jan 31, 2023
  • Employees · 8 to 7
    Apr 6, 2022 to Jan 31, 2023
  • Financial planning clients · 11-25 to 1-10
    Apr 6, 2022 to Jan 31, 2023
Signals
4 dated events
  • J••• T••••• D••••••••• left B•••• E•••• A•••• M••••••••• L•• for B••• R•••• C•••••• M••••••••• (registered 2023-11-21)
    Aug 21, 2023 · Advisor changed firm · fact
  • P••••• W••••• B•••••• left B•••• E•••• A•••• M••••••••• L•• for B••• R•••• C•••••• M••••••••• (registered 2023-11-21)
    Jun 20, 2023 · Advisor changed firm · fact
  • B•••• E•••• A•••• M••••••••• L•• reported RAUM $751.2M, up 31% from $571.7M (2021-02-19 to 2022-02-28)
    Feb 28, 2022 · RAUM change · derived
  • A••• P••••••• W••••• (Cco, Head Of Operations) appeared on Schedule A of B•••• E•••• A•••• M••••••••• L••
    Feb 19, 2021 · Control person joined · 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
Business phone
503-227-5778reportedpublished by the firm, firm site, Sep 16, 2026
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
503-227-5778reportedpublic record, Form ADV, Aug 11, 2026
Team page
bakerellisllc.com/leadershipreportedpublished 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
$209Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026