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••••••• C•••••• M••••••••• L••

Independent wealth managerMilwaukee, WisconsinCRD 124663SEC 801-100352websiteIAPD
Latest filing Mar 11, 2026
First filing on the tape Feb 9, 2012 · 17 filings
SEC status approved since Jun 15, 2015
RAUM
$470M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
88%
$415M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$67.1M
derived; firm RAUM over IAPD count
Employees
9
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$470M as of Mar 11, 2026
Feb 9, 2012$61.5M then
HNW client RAUM$386M as of Mar 11, 2026
Mar 12, 2018$121M then
State-registered IARs (5.B.3)7 as of Mar 11, 2026
Feb 9, 20120 then
Employees (5.A)9 as of Mar 11, 2026
Mar 18, 20165 then
Private funds: no history
RAUM +16% over the last fiscal year+18% a year over threeIARs 6 to 7
Practice profile
derived from the filing of Mar 11, 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
RAUM per advisor
$67.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
34derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.7MderivedHNW RAUM over HNW clients
Average account
$612,971derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
5.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
7.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+17%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.3%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$114M, 62 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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$386M82%
  • Corporations and businesses$30.2M6.4%
  • Individuals$29.3M6.2%
  • Charitable organizations$15.9M3.4%
  • Pension and profit-sharing plans$8.6M1.8%
Individual clients
97reported
HNW clients
141reported
Pension plan clients
2reported
Charitable clients
2reported
Accounts
766reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$114M for 62 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.88 fund_share=0.0 institutional_share=0.05 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
I••••••• L•••• S•••••Chartered Financial AnalystMilwaukee, WiJan 21, 200323 y0
W•••••• C•••••• W••••Milwaukee, WiMar 27, 200842 y0
S•••• I•• T••••Milwaukee, WiDec 20, 201715 y0
J••• M•••• G•••••••••Chartered Financial AnalystMilwaukee, WiFeb 2, 201813 y0
M•••••• P••• J••••••Chartered Financial AnalystMilwaukee, WiJan 29, 201910 y0
M••••• A••• M••••Chartered Financial AnalystMilwaukee, WiJan 29, 201931 y0
J••••• M•••••• L•••••Milwaukee, WiSep 16, 202510 y3
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
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • G••••••••• J•••• M•••• · Vice President-Investments (Elected Manager)control
      since 12/2017 · owns less than 5%
    • J••••••• M••••••• P••• · Vice President (Elected Manager)control
      since 09/2018 · owns less than 5%
    • M••••• M•••••• A••• · Vice President (Elected Manager)control
      since 09/2018 · owns less than 5%
    • S•••••• I•••••••• L•••• · President/Chief Compliance Officer (Managing Member)control
      since 12/2002 · owns 75% or more
    • S•••••• N••••• M•••• · Vice President (Elected Manager)control
      since 04/2008 · owns less than 5%
    • W••••• W••••••• C•••••• · Vice President-Investments (Elected Manager)control
      since 02/2008 · 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
    Milwaukee, Wi · principal700
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 708 to 766
      Mar 13, 2025 to Mar 11, 2026
    • Advisory employees · 6 to 7
      Mar 13, 2025 to Mar 11, 2026
    • Charity clients · 3 to 2
      Mar 13, 2025 to Mar 11, 2026
    • Corporate clients · 1 to 2
      Mar 13, 2025 to Mar 11, 2026
    • HNW clients · 122 to 141
      Mar 13, 2025 to Mar 11, 2026
    • Individual clients · 102 to 97
      Mar 13, 2025 to Mar 11, 2026
    • Assets in custody · $116M to $114M
      Mar 13, 2025 to Mar 11, 2026
    • Employees · 8 to 9
      Mar 13, 2025 to Mar 11, 2026
    • State-registered IARs · 6 to 7
      Mar 13, 2025 to Mar 11, 2026
    • Discretionary RAUM · $404M to $470M
      Mar 13, 2025 to Mar 11, 2026
    • HNW RAUM · $339M to $386M
      Mar 13, 2025 to Mar 11, 2026
    • Individual RAUM · $33.9M to $29.3M
      Mar 13, 2025 to Mar 11, 2026
    • Pension RAUM · $7.4M to $8.6M
      Mar 13, 2025 to Mar 11, 2026
    • RAUM · $404M to $470M
      Mar 13, 2025 to Mar 11, 2026
    • Accounts · 697 to 708
      Mar 13, 2024 to Mar 13, 2025
    • HNW clients · 117 to 122
      Mar 13, 2024 to Mar 13, 2025
    • Individual clients · 94 to 102
      Mar 13, 2024 to Mar 13, 2025
    • Assets in custody · $98.0M to $116M
      Mar 13, 2024 to Mar 13, 2025
    • Financial planning clients · unset to
      Mar 13, 2024 to Mar 13, 2025
    • Discretionary RAUM · $348M to $404M
      Mar 13, 2024 to Mar 13, 2025
    • HNW RAUM · $294M to $339M
      Mar 13, 2024 to Mar 13, 2025
    • Individual RAUM · $26.1M to $33.9M
      Mar 13, 2024 to Mar 13, 2025
    • Pension RAUM · $6.3M to $7.4M
      Mar 13, 2024 to Mar 13, 2025
    • RAUM · $348M to $404M
      Mar 13, 2024 to Mar 13, 2025
    • Accounts · 628 to 697
      Mar 8, 2023 to Mar 13, 2024
    • HNW clients · 104 to 117
      Mar 8, 2023 to Mar 13, 2024
    • Individual clients · 101 to 94
      Mar 8, 2023 to Mar 13, 2024
    • Assets in custody · $80.0M to $98.0M
      Mar 8, 2023 to Mar 13, 2024
    • Discretionary RAUM · $286M to $348M
      Mar 8, 2023 to Mar 13, 2024
    • HNW RAUM · $233M to $294M
      Mar 8, 2023 to Mar 13, 2024
    • Individual RAUM · $28.8M to $26.1M
      Mar 8, 2023 to Mar 13, 2024
    • Pension RAUM · $5.2M to $6.3M
      Mar 8, 2023 to Mar 13, 2024
    • RAUM · $286M to $348M
      Mar 8, 2023 to Mar 13, 2024
    • Accounts · 598 to 628
      Mar 2, 2022 to Mar 8, 2023
    • Corporate clients · 2 to 1
      Mar 2, 2022 to Mar 8, 2023
    • HNW clients · 113 to 104
      Mar 2, 2022 to Mar 8, 2023
    • Individual clients · 83 to 101
      Mar 2, 2022 to Mar 8, 2023
    • Assets in custody · $66.7M to $80.0M
      Mar 2, 2022 to Mar 8, 2023
    • Discretionary RAUM · $308M to $286M
      Mar 2, 2022 to Mar 8, 2023
    • HNW RAUM · $255M to $233M
      Mar 2, 2022 to Mar 8, 2023
    Signals
    4 dated events
    • Walter Helmut Hampel (Vice President-Operations (Elected Manager)) no longer on Schedule A of A••••••• C•••••• M••••••••• L•• (listed 2021-03-03, absent 2022-03-02)
      Mar 2, 2022 · Control person left · inference
    • Alan Martin Moser (Vice President (Elected Manager)) appeared on Schedule A of A••••••• C•••••• M••••••••• L••
      Jan 31, 2019 · Control person joined · fact
    • Paul M•••••• Johnson (Vice President (Elected Manager)) appeared on Schedule A of A••••••• C•••••• M••••••••• L••
      Jan 31, 2019 · Control person joined · fact
    • A••••••• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
      Jun 3, 2015 · 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 phone
    414-225-8200reportedpublished by the firm, firm site, Sep 15, 2026
    Website
    A•••••••.COMreportedpublic record, Form ADV, Sep 19, 2026
    Principal office phone
    414-225-8200reportedpublic record, Form ADV, Mar 11, 2026
    Team page
    a•••••••.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
    $67.1Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026