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

L•••••••• F••••••••• M••••••••• L••

Independent wealth managerNashville, TennesseeCRD 127618SEC 801-130899websiteIAPD
Latest filing Apr 29, 2026
First filing on the tape Mar 30, 2012 · 11 filings
SEC status approved since Aug 9, 2024
RAUM
$107M
reported, Item 5.F
Discretionary
75%
of RAUM
Private clients
98%
$105M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$53.4M
derived; firm RAUM over IAPD count
Employees
6
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$107M as of Apr 29, 2026
Apr 2, 2012$20.1M then
HNW client RAUM$100M as of Apr 29, 2026
Mar 27, 2025$96.8M then
State-registered IARs (5.B.3)2 as of Apr 29, 2026
Mar 27, 20252 then
Employees (5.A)6 as of Apr 29, 2026
Mar 27, 20256 then
Private funds2 as of Apr 29, 2026
Feb 6, 20262 then
RAUM +3.9% over the last fiscal yearIARs 2 to 2
Practice profile
derived from the filing of Apr 29, 2026; every figure names its basis
Archetypes, each a printed rule
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$53.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
21derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.6MderivedHNW RAUM over HNW clients
Average account
$680,093derivedRAUM over accounts (5.F.2.f)
Discretionary
75%derivedof RAUM
Institutional
1.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+3.9%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-2.4%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, selection of other advisersreportedItem 5.G
Custody
$1.8M, 9 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)
  • 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$100M94%
  • Individuals$4.7M4.4%
  • Pension and profit-sharing plans$1.9M1.8%
Individual clients
19reported
HNW clients
22reported
Pension plan clients
3reported
Charitable clients
n/areported
Accounts
157reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$1.8M for 9 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
K••••••••• D• M•••••Personal Financial SpecialistNashville, TnOct 26, 201813 y0
D••• E••••• V•••••Nashville, TnOct 31, 201820 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
  • V•••••• D•••• E••••• · Ceo/ Chief Compliance Officercontrol
    since 06/2003 · owns less than 5%
  • V•••••• D•••• E••••• · Managing Membercontrol
    since 03/2018 · owns 50% to 75% of P••• A••••••••• I•• L••
  • V•••••• D•••• E••••• · Co-Trusteecontrol
    since 03/2018 · owns F of F•••••• T••••
  • V•••••• J•••••••• T••• · Co-Trusteecontrol
    since 03/2018 · owns F of F•••••• T••••
Entity owners
  • L•••••••• F•••••••• L••• M••••••••• L•• · Managing Member
    direct · owns 75% or more
  • P••• A••••••••• I•• L•• · Managing Member
    indirect · owns 75% or more of L•••••••• F•••••••• L••• M••••••••• L••
  • F•••••• T•••• · Member
    indirect · owns 75% or more of P••• A••••••••• I•• L••
Related persons
Schedule D 7.A
  • K••••••••• M•••••
    insurancey
  • P•••••••• S••••• T•••• C••••••
    n
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Nashville, Tn · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • account count collapseChange between filings · filing Apr 29, 2026
    accounts (Item 5.F.2.f) moved from 248.0 to 157.0 (-37.0%) between the annual amendments of 2025-03-27 and 2026-04-29; the peer median change was +5.0% (3687 comparable advisers, 4.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,687) · 4.4% percentile
What changed
consecutive filings, newest first
  • Assets in custody · $403,647 to $1.8M
    Mar 31, 2026 to Apr 29, 2026
  • Accounts · 248 to 157
    Feb 6, 2026 to Mar 31, 2026
  • BD registered reps · 0 to 1
    Feb 6, 2026 to Mar 31, 2026
  • HNW clients · 23 to 22
    Feb 6, 2026 to Mar 31, 2026
  • Pension plan clients · 4 to 3
    Feb 6, 2026 to Mar 31, 2026
  • Assets in custody · $1.4M to $403,647
    Feb 6, 2026 to Mar 31, 2026
  • Discretionary RAUM · $80.3M to $80.5M
    Feb 6, 2026 to Mar 31, 2026
  • HNW RAUM · $96.8M to $100M
    Feb 6, 2026 to Mar 31, 2026
  • Individual RAUM · $4.2M to $4.7M
    Feb 6, 2026 to Mar 31, 2026
  • Non-discretionary RAUM · $22.4M to $26.3M
    Feb 6, 2026 to Mar 31, 2026
  • Pension RAUM · $1.8M to $1.9M
    Feb 6, 2026 to Mar 31, 2026
  • RAUM · $103M to $107M
    Feb 6, 2026 to Mar 31, 2026
  • Business name · L•••••••• I••••••••• C••••••••• L•• to L•••••••• F••••••••• M••••••••• L••
    Mar 27, 2025 to Feb 6, 2026
  • Legal name · L•••••••• I••••••••• C••••••••• L•• to L•••••••• F••••••••• M••••••••• L••
    Mar 27, 2025 to Feb 6, 2026
  • Private funds · unset to 2
    Mar 27, 2025 to Feb 6, 2026
  • Related adviser · false to true
    Mar 27, 2025 to Feb 6, 2026
  • Non-discretionary RAUM · $17.3M to $22.4M
    Jul 22, 2024 to Mar 27, 2025
  • Pension RAUM · $8.2M to $1.8M
    Jul 22, 2024 to Mar 27, 2025
  • RAUM · $120M to $103M
    Jul 22, 2024 to Mar 27, 2025
  • Accounts · 145 to 248
    Jul 22, 2024 to Mar 27, 2025
  • HNW clients · 25 to 23
    Jul 22, 2024 to Mar 27, 2025
  • Individual clients · 20 to 19
    Jul 22, 2024 to Mar 27, 2025
  • Pension plan clients · 7 to 4
    Jul 22, 2024 to Mar 27, 2025
  • Assets in custody · unset to 1400000.0
    Jul 22, 2024 to Mar 27, 2025
  • Custody of client assets · false to true
    Jul 22, 2024 to Mar 27, 2025
  • Financial planning clients · 26-50 to 26-50
    Jul 22, 2024 to Mar 27, 2025
  • Discretionary RAUM · $103M to $80.3M
    Jul 22, 2024 to Mar 27, 2025
  • HNW RAUM · $108M to $96.8M
    Jul 22, 2024 to Mar 27, 2025
  • Individual RAUM · $4.6M to $4.2M
    Jul 22, 2024 to Mar 27, 2025
  • Accounts · 160 to 145
    Oct 17, 2012 to Jul 11, 2024
  • Advisory employees · unset to 2.0
    Oct 17, 2012 to Jul 11, 2024
  • Advisory activities · 3 to 2
    Oct 17, 2012 to Jul 11, 2024
  • Business name · L•••••••• I••••••••• C•••••• to L•••••••• I••••••••• C••••••••• L••
    Oct 17, 2012 to Jul 11, 2024
  • HNW clients · unset to 25.0
    Oct 17, 2012 to Jul 11, 2024
  • Individual clients · unset to 20.0
    Oct 17, 2012 to Jul 11, 2024
  • Pension plan clients · unset to 7.0
    Oct 17, 2012 to Jul 11, 2024
  • Employees · unset to 6.0
    Oct 17, 2012 to Jul 11, 2024
  • Financial planning clients · unset to 26-50
    Oct 17, 2012 to Jul 11, 2024
  • HQ city · DAYTONA BEACH to NASHVILLE
    Oct 17, 2012 to Jul 11, 2024
  • HQ state · FL to TN
    Oct 17, 2012 to Jul 11, 2024
Signals
3 dated events
  • L•••••••• I••••••••• C••••••••• L•• filed its initial SEC registration (Form ADV)
    Jul 11, 2024 · First SEC registration · fact
  • Neil D•••• Jones (Managing Member/Chief Compliance Officer) no longer on Schedule A of L•••••••• F••••••••• M••••••••• L•• (listed 2012-10-17, absent 2024-07-11)
    Jul 11, 2024 · Control person left · inference
  • Edward Dale Veitch (Co-Trustee) appeared on Schedule A of L•••••••• F••••••••• M••••••••• L••
    Jul 11, 2024 · Control person joined · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business email
team@lex-life.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
615-492-1011reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
866-698-5945reportedpublished by the firm, firm site, Sep 16, 2026
Website
H•••://WWW.LEX-L•••.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
615-492-1011reportedpublic record, Form ADV, Apr 29, 2026
Contact form
lex-life.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
$53.4Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026