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

A•••• A•••••••• L•

Independent wealth managerSan Antonio, TexasCRD 122290SEC 801-79870websiteIAPD
Latest filing Mar 8, 2026
First filing on the tape May 30, 2014 · 18 filings
SEC status approved since Jul 14, 2014
RAUM
$3.9B
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
86%
$3.3B individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$1.3B
derived; firm RAUM over IAPD count
Employees
15
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$3.9B as of Mar 8, 2026
Jan 30, 2015$2.3B then
HNW client RAUM$3.3B as of Mar 8, 2026
Mar 4, 2019$2.7B then
State-registered IARs (5.B.3)3 as of Mar 8, 2026
Jan 30, 20153 then
Employees (5.A)15 as of Mar 8, 2026
Jan 30, 20158 then
Private funds: no history
RAUM +2.2% over the last fiscal year+6.2% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 8, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
$1.3BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$14.4MderivedHNW RAUM over HNW clients
Average account
$3.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
14%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
5.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+2.2%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$3.3B86%
  • Charitable organizations$551M14%
Individual clients
n/areported
HNW clients
231reported
Pension plan clients
n/areported
Charitable clients
11reported
Accounts
984reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.86 fund_share=0.0 institutional_share=0.14 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••••• N••••• J••••••Certified Financial Planner, Personal Financial SpecialistSan Antonio, TxJan 14, 200326 y2
D••••• W•••••• P•••••••Certified Financial Planner, Personal Financial SpecialistSan Antonio, TxJan 14, 200326 y2
J••• J••••• R••••Certified Financial PlannerSan Antonio, TxJun 21, 200729 y0
Advisor movement
0 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • J••••••• R•••••• N••••• · Limited Partner & Chief Compliance Officercontrol
    since 07/2002 · owns 50% to 75%
  • J••••••• R•••••• N••••• · Presidentcontrol
    since 07/2002 · owns 75% or more of R•• M••••••••• L••
  • G••••• A•••••• M•• · Limited Partner
    since 07/2002 · owns 5% to 10%
  • P•••••••• D•••••• W•••••• · Limited Partner
    since 07/2002 · owns 10% to 25%
  • R••••• J•••• J••••• · Limited Partner
    since 01/2023 · owns 5% to 10%
  • R••••••• W••••••• M•••• · Limited Partner
    since 11/2004 · owns 5% to 10%
  • V••••••• D••••• R••• · Limited Partner
    since 01/2022 · owns 5% to 10%
  • W•••••••• J•••• K•••• · Limited Partner
    since 07/2002 · owns 5% to 10%
Entity owners
  • R•• M••••••••• L•• · General Partner
    direct · 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
San Antonio, Tx · principal300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • low discretionary shareStatic outlier · filing Mar 8, 2026
    discretionary share of RAUM of 0% against a peer median of 99% (1362 comparable advisers, 0.0th percentile, 33.2 robust deviations)
    peers: independent wealth managers, $1B to $5B (1,362) · 0.0% percentile
  • very high RAUM per advisorStatic outlier · filing Mar 8, 2026
    RAUM per registered advisor of $1,289,074,158 against a peer median of $146,690,280 (1222 comparable advisers, 100.0th percentile, 11.6 robust deviations)
    peers: independent wealth managers, $1B to $5B (1,222) · 100% percentile
  • account count surgeChange between filings · filing Mar 8, 2026
    accounts (Item 5.F.2.f) moved from 218.0 to 984.0 (+351.0%) between the annual amendments of 2025-03-14 and 2026-03-08; the peer median change was +6.0% (1206 comparable advisers, 99.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,206) · 99% percentile
What changed
consecutive filings, newest first
  • Accounts · 218 to 984
    Mar 14, 2025 to Mar 8, 2026
  • Advisory employees · 6 to 7
    Mar 14, 2025 to Mar 8, 2026
  • HNW clients · 207 to 231
    Mar 14, 2025 to Mar 8, 2026
  • Employees · 14 to 15
    Mar 14, 2025 to Mar 8, 2026
  • HNW RAUM · $3.3B to $3.3B
    Mar 14, 2025 to Mar 8, 2026
  • Non-discretionary RAUM · $3.8B to $3.9B
    Mar 14, 2025 to Mar 8, 2026
  • RAUM · $3.8B to $3.9B
    Mar 14, 2025 to Mar 8, 2026
  • Accounts · 908 to 218
    Sep 19, 2024 to Mar 14, 2025
  • Charity clients · 13 to 11
    Sep 19, 2024 to Mar 14, 2025
  • HNW clients · 106 to 207
    Sep 19, 2024 to Mar 14, 2025
  • Individual clients · 75.0 to unset
    Sep 19, 2024 to Mar 14, 2025
  • Employees · 11 to 14
    Sep 19, 2024 to Mar 14, 2025
  • Financial planning clients · unset to
    Sep 19, 2024 to Mar 14, 2025
  • HNW RAUM · $3.0B to $3.3B
    Sep 19, 2024 to Mar 14, 2025
  • Individual RAUM · 41007862.0 to unset
    Sep 19, 2024 to Mar 14, 2025
  • Non-discretionary RAUM · $3.5B to $3.8B
    Sep 19, 2024 to Mar 14, 2025
  • RAUM · $3.5B to $3.8B
    Sep 19, 2024 to Mar 14, 2025
  • Accounts · 898 to 908
    Mar 18, 2023 to Feb 12, 2024
  • Charity clients · 10 to 13
    Mar 18, 2023 to Feb 12, 2024
  • HNW clients · 107 to 106
    Mar 18, 2023 to Feb 12, 2024
  • Individual clients · 91 to 75
    Mar 18, 2023 to Feb 12, 2024
  • HNW RAUM · $2.8B to $3.0B
    Mar 18, 2023 to Feb 12, 2024
  • Individual RAUM · $50.8M to $41.0M
    Mar 18, 2023 to Feb 12, 2024
  • Non-discretionary RAUM · $3.2B to $3.5B
    Mar 18, 2023 to Feb 12, 2024
  • RAUM · $3.2B to $3.5B
    Mar 18, 2023 to Feb 12, 2024
  • Accounts · 842 to 898
    Mar 8, 2022 to Mar 18, 2023
  • Charity clients · 16 to 10
    Mar 8, 2022 to Mar 18, 2023
  • HNW clients · 109 to 107
    Mar 8, 2022 to Mar 18, 2023
  • Individual clients · 75 to 91
    Mar 8, 2022 to Mar 18, 2023
  • HNW RAUM · $3.4B to $2.8B
    Mar 8, 2022 to Mar 18, 2023
  • Individual RAUM · $46.5M to $50.8M
    Mar 8, 2022 to Mar 18, 2023
  • Non-discretionary RAUM · $3.8B to $3.2B
    Mar 8, 2022 to Mar 18, 2023
  • RAUM · $3.8B to $3.2B
    Mar 8, 2022 to Mar 18, 2023
  • Accounts · 799 to 842
    Feb 24, 2021 to Mar 8, 2022
  • Advisory employees · 5 to 6
    Feb 24, 2021 to Mar 8, 2022
  • Charity clients · 10 to 16
    Feb 24, 2021 to Mar 8, 2022
  • HNW clients · 108 to 109
    Feb 24, 2021 to Mar 8, 2022
  • Individual clients · 109 to 75
    Feb 24, 2021 to Mar 8, 2022
  • Employees · 10 to 11
    Feb 24, 2021 to Mar 8, 2022
  • State-registered IARs · 2 to 3
    Feb 24, 2021 to Mar 8, 2022
Signals
2 dated events
  • A•••• A•••••••• L• reported RAUM $3.1B, up 35% from $2.3B (2017-02-08 to 2018-03-13)
    Mar 13, 2018 · RAUM change · derived
  • A•••• A•••••••• L• filed its initial SEC registration (Form ADV)
    May 30, 2014 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business email
c••••••@a•••••••••.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
210-404-2211reportedpublished by the firm, firm site, Sep 16, 2026
Website
a•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
210-404-2211reportedpublic record, Form ADV, Mar 8, 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
$1.3Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026