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

Wms Advisors, LLC

Independent wealth managerCharlotte, North CarolinaCRD 122224SEC 801-109946websiteIAPD
Latest filing Jul 22, 2026
First filing on the tape Jan 27, 2017 · 21 filings
SEC status approved since Feb 7, 2017
RAUM
$281M
reported, Item 5.F
Discretionary
89%
of RAUM
Private clients
99%
$277M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$46.8M
derived; firm RAUM over IAPD count
Employees
7
6 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$281M as of Jul 22, 2026
Mar 10, 2017$111M then
HNW client RAUM$249M as of Jul 22, 2026
Mar 8, 2018$109M then
State-registered IARs (5.B.3)6 as of Jul 22, 2026
Mar 10, 20171 then
Employees (5.A)7 as of Jul 22, 2026
Mar 10, 20173 then
Private funds: no history
RAUM +27% over the last fiscal year+19% a year over threeIARs 5 to 6offices 2 to 3
Practice profile
derived from the filing of Jul 22, 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
RAUM per advisor
$46.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
22derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.5MderivedHNW RAUM over HNW clients
Average account
$683,515derivedRAUM over accounts (5.F.2.f)
Discretionary
89%derivedof RAUM
Institutional
1.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
1.5derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+27%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.8%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$107M, 36 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
  • is an insurance broker or agent (6.A.6)
  • 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$249M89%
  • Individuals$27.9M9.9%
  • Charitable organizations$3.4M1.2%
  • Pension and profit-sharing plans$687,7170.2%
Individual clients
76reported
HNW clients
55reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
411reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$107M for 36 clientsreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=3.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
David Robert WilliamsCertified Financial PlannerCharlotte, NcApr 11, 200632 y3
Thomas Gaines MaclennanCertified Financial PlannerCharlotte, NcNov 28, 201215 y0
Henry Sterling MeadowsRockville, Md Nov 21, 201634 y2
Alexander SchutzChartered Financial ConsultantBethesda, Md Jan 30, 202219 y2
Timothy Taylor PaschallCertified Financial PlannerGastonia, Nc Jan 30, 202234 y1
Thomas C MossCharlotte, NcJul 13, 202643 y4
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Gaines Thomas Maclennan · Chief Compliance Officer & Iarcontrol
    since 01/2017 · owns less than 5%
  • Robert David Williams · Iarcontrol
    since 06/1977 · owns less than 5%
  • Gaines Thomas Maclennan · Managing Membercontrol
    since 09/2021 · owns 75% or more of Tgm Capital, LLC
  • Robert David Williams · Shareholdercontrol
    since 01/2022 · owns 75% or more of Twg-Advisor Grp, Inc.
Entity owners
  • Tgm Capital, LLC · Member
    direct · owns 50% to 75%
  • Twg-Advisor Grp, Inc. · Member
    direct · owns 50% to 75%
Related persons
Schedule D 7.A
  • Simon Krowitz Meadows Bortnick & Associates, Pa, Cpa
    insurancen
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Charlotte, Nc · principal610
Offices
Schedule D 1.F, the 25 largest
  • North Bethesda, MD2 employees
  • Gastonia, NC1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • discretionary share shiftChange between filings · filing Feb 26, 2026
    discretionary share of RAUM moved from 57.0% to 89.0% between the annual amendments of 2025-03-11 and 2026-02-26
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Advisory employees · 5 to 6
    Feb 26, 2026 to Jul 22, 2026
  • State-registered IARs · 5 to 6
    Feb 26, 2026 to Jul 22, 2026
  • Accounts · 372 to 411
    Oct 2, 2025 to Feb 26, 2026
  • HNW clients · 43 to 55
    Oct 2, 2025 to Feb 26, 2026
  • Individual clients · 87 to 76
    Oct 2, 2025 to Feb 26, 2026
  • Assets in custody · $105M to $107M
    Oct 2, 2025 to Feb 26, 2026
  • Custody of client assets · false to true
    Oct 2, 2025 to Feb 26, 2026
  • Employees · 5 to 7
    Oct 2, 2025 to Feb 26, 2026
  • Other offices · 2 to 3
    Oct 2, 2025 to Feb 26, 2026
  • Discretionary RAUM · $126M to $249M
    Oct 2, 2025 to Feb 26, 2026
  • HNW RAUM · $177M to $249M
    Oct 2, 2025 to Feb 26, 2026
  • Individual RAUM · $39.6M to $27.9M
    Oct 2, 2025 to Feb 26, 2026
  • Non-discretionary RAUM · $95.6M to $31.7M
    Oct 2, 2025 to Feb 26, 2026
  • Pension RAUM · $534,076 to $687,717
    Oct 2, 2025 to Feb 26, 2026
  • RAUM · $221M to $281M
    Oct 2, 2025 to Feb 26, 2026
  • Accounts · 334 to 372
    Jun 14, 2024 to Mar 11, 2025
  • BD registered reps · 4 to 3
    Jun 14, 2024 to Mar 11, 2025
  • HNW clients · 35 to 43
    Jun 14, 2024 to Mar 11, 2025
  • Individual clients · 70 to 87
    Jun 14, 2024 to Mar 11, 2025
  • Assets in custody · $84.9M to $105M
    Jun 14, 2024 to Mar 11, 2025
  • Insurance-licensed employees · 1 to 0
    Jun 14, 2024 to Mar 11, 2025
  • Financial planning clients · 26-50 to 26-50
    Jun 14, 2024 to Mar 11, 2025
  • Discretionary RAUM · $3.7M to $126M
    Jun 14, 2024 to Mar 11, 2025
  • HNW RAUM · $163M to $177M
    Jun 14, 2024 to Mar 11, 2025
  • Individual RAUM · $29.0M to $39.6M
    Jun 14, 2024 to Mar 11, 2025
  • Non-discretionary RAUM · $192M to $95.6M
    Jun 14, 2024 to Mar 11, 2025
  • Pension RAUM · $339,238 to $534,076
    Jun 14, 2024 to Mar 11, 2025
  • RAUM · $196M to $221M
    Jun 14, 2024 to Mar 11, 2025
  • Accounts · 276 to 334
    Jan 3, 2024 to Feb 5, 2024
  • HNW clients · 36 to 35
    Jan 3, 2024 to Feb 5, 2024
  • Individual clients · 75 to 70
    Jan 3, 2024 to Feb 5, 2024
  • Assets in custody · unset to 84930603.0
    Jan 3, 2024 to Feb 5, 2024
  • HQ city · ROCKVILLE to CHARLOTTE
    Jan 3, 2024 to Feb 5, 2024
  • HQ state · MD to NC
    Jan 3, 2024 to Feb 5, 2024
  • Discretionary RAUM · $2.6M to $3.7M
    Jan 3, 2024 to Feb 5, 2024
  • HNW RAUM · $138M to $163M
    Jan 3, 2024 to Feb 5, 2024
  • Individual RAUM · $26.7M to $29.0M
    Jan 3, 2024 to Feb 5, 2024
  • Non-discretionary RAUM · $165M to $192M
    Jan 3, 2024 to Feb 5, 2024
  • Pension RAUM · $372,415 to $339,238
    Jan 3, 2024 to Feb 5, 2024
  • RAUM · $168M to $196M
    Jan 3, 2024 to Feb 5, 2024
Signals
2 dated events
  • Wms Advisors, Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Jan 3, 2024 · Succession (Item 4) · fact
  • Wms Advisors, Llc filed its initial SEC registration (Form ADV)
    Jan 27, 2017 · 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
Business email
wa@wmsadvisors.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
301-294-7804reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/wms-advisors-llcreportedpublic record, Form ADV, Sep 17, 2026
Website
WMSADVISORS.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
301-294-7804reportedpublic record, Form ADV, Jul 22, 2026
Contact form
wmsadvisors.com/contactreportedpublished 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
$46.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026