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

P••••••••• I••••••••• L••

Independent wealth managerCRD 124989SEC 801-61768websiteIAPD
Latest filing Mar 26, 2026
First filing on the tape Mar 19, 2012 · 47 filings
SEC status approved since Jan 29, 2003
RAUM
$225M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
93%
$211M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$113M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
47 filings and snapshots on the tape
RAUM$225M as of Mar 26, 2026
Mar 19, 2012$153M then
HNW client RAUM$163M as of Mar 26, 2026
Mar 30, 2018$69.5M then
State-registered IARs (5.B.3)2 as of Mar 26, 2026
Mar 19, 20120 then
Employees (5.A)3 as of Mar 26, 2026
Mar 28, 20133 then
Private funds: no history
RAUM +14% over the last fiscal year+23% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 26, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$113MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
114derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.2MderivedHNW RAUM over HNW clients
Average account
$443,708derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+14%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.7%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$163M72%
  • Individuals$47.5M21%
  • Corporations and businesses$9.8M4.3%
  • Pension and profit-sharing plans$4.0M1.8%
  • Charitable organizations$1.1M0.5%
Individual clients
176reported
HNW clients
51reported
Pension plan clients
5reported
Charitable clients
3reported
Accounts
508reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.93 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M•••••• P•••••• T••••Certified Financial PlannerBoulder, CoMay 12, 200835 y2
S•••••• M•••••• C••••••• T••••Boulder, CoJun 2, 202517 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
  • T••••• M••••••• P•••••• · Primary Trusteecontrol
    since 09/2019 · owns F of T•• M•••••• P• T•••• R•••••••• T••••
  • T••••• M••••••• P•••••• · Chief Compliance Officer
    since 04/2008 · owns less than 5%
Entity owners
  • T•• M•••••• P• T•••• R•••••••• T•••• · Owner
    direct · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Boulder, Co200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 493 to 508
    Oct 30, 2025 to Mar 26, 2026
  • Charity clients · 2 to 3
    Oct 30, 2025 to Mar 26, 2026
  • Corporate clients · 2 to 1
    Oct 30, 2025 to Mar 26, 2026
  • HNW clients · 52 to 51
    Oct 30, 2025 to Mar 26, 2026
  • Individual clients · 167 to 176
    Oct 30, 2025 to Mar 26, 2026
  • Discretionary RAUM · $198M to $225M
    Oct 30, 2025 to Mar 26, 2026
  • HNW RAUM · $148M to $163M
    Oct 30, 2025 to Mar 26, 2026
  • Individual RAUM · $37.6M to $47.5M
    Oct 30, 2025 to Mar 26, 2026
  • Non-discretionary RAUM · $282,399 to $0
    Oct 30, 2025 to Mar 26, 2026
  • Pension RAUM · $2.9M to $4.0M
    Oct 30, 2025 to Mar 26, 2026
  • RAUM · $198M to $225M
    Oct 30, 2025 to Mar 26, 2026
  • Accounts · 489 to 493
    Apr 29, 2024 to Apr 30, 2025
  • HNW clients · 45 to 52
    Apr 29, 2024 to Apr 30, 2025
  • Individual clients · 173 to 167
    Apr 29, 2024 to Apr 30, 2025
  • Financial planning clients · 1-10 to 1-10
    Apr 29, 2024 to Apr 30, 2025
  • HQ city · unset to
    Apr 29, 2024 to Apr 30, 2025
  • HQ state · unset to
    Apr 29, 2024 to Apr 30, 2025
  • Discretionary RAUM · $151M to $198M
    Apr 29, 2024 to Apr 30, 2025
  • HNW RAUM · $104M to $148M
    Apr 29, 2024 to Apr 30, 2025
  • Individual RAUM · $37.3M to $37.6M
    Apr 29, 2024 to Apr 30, 2025
  • Non-discretionary RAUM · $2.2M to $282,399
    Apr 29, 2024 to Apr 30, 2025
  • Pension RAUM · $1.9M to $2.9M
    Apr 29, 2024 to Apr 30, 2025
  • RAUM · $153M to $198M
    Apr 29, 2024 to Apr 30, 2025
  • Accounts · 226 to 489
    Mar 31, 2023 to Mar 28, 2024
  • HNW clients · 34 to 45
    Mar 31, 2023 to Mar 28, 2024
  • Individual clients · 185 to 173
    Mar 31, 2023 to Mar 28, 2024
  • Pension plan clients · 3 to 5
    Mar 31, 2023 to Mar 28, 2024
  • Discretionary RAUM · $121M to $151M
    Mar 31, 2023 to Mar 28, 2024
  • HNW RAUM · $70.0M to $104M
    Mar 31, 2023 to Mar 28, 2024
  • Individual RAUM · $43.2M to $37.3M
    Mar 31, 2023 to Mar 28, 2024
  • Non-discretionary RAUM · $1.5M to $2.2M
    Mar 31, 2023 to Mar 28, 2024
  • Pension RAUM · $1.2M to $1.9M
    Mar 31, 2023 to Mar 28, 2024
  • RAUM · $122M to $153M
    Mar 31, 2023 to Mar 28, 2024
  • Accounts · 508 to 226
    Mar 30, 2022 to Mar 31, 2023
  • HNW clients · 56 to 34
    Mar 30, 2022 to Mar 31, 2023
  • Individual clients · 180 to 185
    Mar 30, 2022 to Mar 31, 2023
  • Discretionary RAUM · $171M to $121M
    Mar 30, 2022 to Mar 31, 2023
  • HNW RAUM · $44.3M to $70.0M
    Mar 30, 2022 to Mar 31, 2023
  • Individual RAUM · $116M to $43.2M
    Mar 30, 2022 to Mar 31, 2023
  • Non-discretionary RAUM · $2.0M to $1.5M
    Mar 30, 2022 to Mar 31, 2023
Signals
1 dated events
  • V•••• C••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Mar 27, 2014 · Succession (Item 4) · 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
303-351-5353reportedpublished by the firm, firm site, Sep 16, 2026
Website
P•••••••••.COreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(303) 351-5353reportedpublic record, Form ADV, Mar 26, 2026
Team page
principiuminvestments.com/teamreportedpublished 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
$113Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026