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

Financial Plans & Strategies, Inc.

Independent wealth managerGreenwood, IndianaCRD 123793SEC 801-107206websiteIAPD
Latest filing Jul 29, 2026
First filing on the tape Jan 19, 2016 · 32 filings
SEC status approved since Jan 27, 2016
RAUM
$611M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
100%
$611M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$102M
derived; firm RAUM over IAPD count
Employees
12
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$611M as of Jul 29, 2026
Mar 26, 2017$308M then
HNW client RAUM$403M as of Jul 29, 2026
Mar 20, 2018$152M then
State-registered IARs (5.B.3)5 as of Jul 29, 2026
Mar 26, 20174 then
Employees (5.A)12 as of Jul 29, 2026
Mar 26, 20179 then
Private funds: no history
RAUM +33% over the last fiscal year+12% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Jul 29, 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
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
RAUM per advisor
$102MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
180derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$564,848derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
3.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+33%derivedbetween the last two annual amendments
Advisor growth, one year
+25%derivedItem 5.B.3 between annual amendments
Client growth, one year
+31%derived
Compensation
percentage of assets, hourly, fixed fees, commissionsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Financial planning clients
1,000reportedItem 5.H
Custody
$40.1M, 69 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$403M66%
  • Individuals$208M34%
Individual clients
896reported
HNW clients
185reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,081reported
Financial planning clients
1,000reported
Wrap fee programs
noreported
Custody of client assets
$40.1M for 69 clientsreported
Compensation
% of AUM, fixed, hourly, commissionsreported
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
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Maggie Lynn MeinersGreenwood, InAug 18, 201613 y1
Lara Karmel DesotelGreenwood, In Oct 6, 201714 y1
Bauer W SchmeltzCertified Financial PlannerGreenwood, InOct 10, 202010 y0
Maxwell Alexander BiglerGreenwood, InNov 30, 202313 y0
Grant T NailorGreenwood, InJan 9, 202512 y0
Seth Timothy RaymondGreenwood, InJul 17, 202610 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
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Karmel Lara Desotel · Chief Compliance Officercontrol
      since 01/2017 · owns 10% to 25%
    • Joseph Michael Meiners · Ceocontrol
      since 05/1982 · owns 50% to 75%
    • Lynn Maggie Meiners · Coo
      since 01/2017 · owns 10% to 25%
    • W Bauer Schmeltz · Member
      since 01/2020 · owns 10% to 25%
    Related persons
    Schedule D 7.A
    • Financial Planning Investments Inc
      real estatey
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Greenwood, In · principal610
    Offices
    Schedule D 1.F, the 25 largest
    • Indianapolis, IN3 employees
    ADV anomalies
    2 against comparable advisers; where to look, not conclusions
    • custody status changedChange between filings · filing Jul 29, 2026
      custody of client assets (Item 9.A): no on the filing of 2026-03-06, yes on the filing of 2026-07-29
      peers: independent wealth managers, $500M to $1B (1,483)
    • HNW share shiftChange between filings · filing Mar 6, 2026
      HNW share of RAUM moved from 48.0% to 66.0% between the annual amendments of 2025-03-21 and 2026-03-06
      peers: independent wealth managers, $500M to $1B (1,483)
    What changed
    consecutive filings, newest first
    • Assets in custody · unset to 40081965.0
      Mar 6, 2026 to Jul 29, 2026
    • Custody of client assets · false to true
      Mar 6, 2026 to Jul 29, 2026
    • Accounts · 827 to 1,081
      Jan 6, 2026 to Mar 6, 2026
    • Advisory employees · 4 to 5
      Jan 6, 2026 to Mar 6, 2026
    • HNW clients · 84 to 185
      Jan 6, 2026 to Mar 6, 2026
    • Individual clients · 743 to 896
      Jan 6, 2026 to Mar 6, 2026
    • Employees · 5 to 12
      Jan 6, 2026 to Mar 6, 2026
    • State-registered IARs · 4 to 5
      Jan 6, 2026 to Mar 6, 2026
    • Discretionary RAUM · $460M to $601M
      Jan 6, 2026 to Mar 6, 2026
    • HNW RAUM · $221M to $403M
      Jan 6, 2026 to Mar 6, 2026
    • Individual RAUM · $239M to $208M
      Jan 6, 2026 to Mar 6, 2026
    • Non-discretionary RAUM · $0 to $9.2M
      Jan 6, 2026 to Mar 6, 2026
    • RAUM · $460M to $611M
      Jan 6, 2026 to Mar 6, 2026
    • Accounts · 2,777 to 827
      Feb 13, 2025 to Mar 21, 2025
    • HNW clients · 246 to 84
      Feb 13, 2025 to Mar 21, 2025
    • Individual clients · 1,086 to 743
      Feb 13, 2025 to Mar 21, 2025
    • Financial planning clients · More than 500 to More than 500
      Feb 13, 2025 to Mar 21, 2025
    • Discretionary RAUM · $543M to $460M
      Feb 13, 2025 to Mar 21, 2025
    • HNW RAUM · $358M to $221M
      Feb 13, 2025 to Mar 21, 2025
    • Individual RAUM · $185M to $239M
      Feb 13, 2025 to Mar 21, 2025
    • Non-discretionary RAUM · $6.5M to $0
      Feb 13, 2025 to Mar 21, 2025
    • RAUM · $550M to $460M
      Feb 13, 2025 to Mar 21, 2025
    • Commission compensation · false to true
      Jun 27, 2024 to Jul 9, 2024
    • Accounts · 1,123 to 2,777
      May 24, 2023 to Mar 18, 2024
    • Advisory employees · 5 to 4
      May 24, 2023 to Mar 18, 2024
    • HNW clients · 131 to 246
      May 24, 2023 to Mar 18, 2024
    • Individual clients · 992 to 1,086
      May 24, 2023 to Mar 18, 2024
    • Employees · 6 to 5
      May 24, 2023 to Mar 18, 2024
    • State-registered IARs · 5 to 4
      May 24, 2023 to Mar 18, 2024
    • Discretionary RAUM · $426M to $543M
      May 24, 2023 to Mar 18, 2024
    • HNW RAUM · $232M to $358M
      May 24, 2023 to Mar 18, 2024
    • Individual RAUM · $194M to $185M
      May 24, 2023 to Mar 18, 2024
    • Non-discretionary RAUM · $5.4M to $6.5M
      May 24, 2023 to Mar 18, 2024
    • RAUM · $431M to $550M
      May 24, 2023 to Mar 18, 2024
    • Accounts · 1,686 to 1,123
      Dec 8, 2022 to Mar 17, 2023
    • HNW clients · 153 to 131
      Dec 8, 2022 to Mar 17, 2023
    • Individual clients · 1,529 to 992
      Dec 8, 2022 to Mar 17, 2023
    • Discretionary RAUM · $609M to $426M
      Dec 8, 2022 to Mar 17, 2023
    • HNW RAUM · $278M to $232M
      Dec 8, 2022 to Mar 17, 2023
    • Individual RAUM · $331M to $194M
      Dec 8, 2022 to Mar 17, 2023
    Signals
    7 dated events
    • Financial Plans & Strategies, Inc. reported RAUM $610.6M, up 33% from $460.5M (2026-01-06 to 2026-03-06)
      Mar 6, 2026 · RAUM change · derived
    • Financial Plans & Strategies, Inc. reported RAUM $549.9M, up 27% from $431.3M (2023-05-24 to 2024-03-18)
      Mar 18, 2024 · RAUM change · derived
    • Salvador Antonio Perez left Financial Plans & Strategies, Inc. for Totem Wealth Management Llc (registered 2023-08-29)
      May 24, 2023 · Advisor changed firm · fact
    • Evan James Stout left Financial Plans & Strategies, Inc. for Choreo, Llc (registered 2023-10-19)
      May 24, 2023 · Advisor changed firm · fact
    • Financial Plans & Strategies, Inc. reported RAUM $431.3M, down 30% from $620.3M (2022-12-08 to 2023-03-17)
      Mar 17, 2023 · RAUM change · derived
    • Financial Plans & Strategies, Inc. reported RAUM $411.5M, up 33% from $308.5M (2017-12-14 to 2018-03-20)
      Mar 20, 2018 · RAUM change · derived
    • Financial Plans & Strategies, Inc. filed its initial SEC registration (Form ADV)
      Jan 19, 2016 · 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
    fps@finplans.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    317-882-5981reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    317-882-7675reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/finplansreportedpublic record, Form ADV, Sep 17, 2026
    Website
    FINPLANS.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    317-882-7675reportedpublic record, Form ADV, Jul 29, 2026
    Contact form
    finplans.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
    Team page
    finplans.com/our-teamreportedpublished 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
    $102Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026