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
F•••••••• L••• A•••••••
Legal name F•••••••• L••• A••••••• L••
Latest filing Mar 18, 2026
First filing on the tape Jul 19, 2017 · 29 filings
SEC status approved since Aug 17, 2017
RAUM
$366M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
97%
$357M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$52.3M
derived; firm RAUM over IAPD count
Employees
11
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$366M as of Mar 18, 2026
Mar 30, 2018$154M then
HNW client RAUM$308M as of Mar 18, 2026
Mar 30, 2018$85.7M then
State-registered IARs (5.B.3)8 as of Mar 18, 2026
Mar 30, 20188 then
Employees (5.A)11 as of Mar 18, 2026
Mar 30, 201810 then
Private funds: no history
RAUM +5.9% over the last fiscal year+8.5% a year over threeIARs 8 to 8
Practice profile
derived from the filing of Mar 18, 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
- RAUM per advisor
- $52.3MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 30derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.6MderivedHNW RAUM over HNW clients
- Average account
- $487,135derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.6derivedItem 5.A over advisors
- Advisors per office
- 7.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +5.9%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +4.0%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)
- 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$308M84%
- Individuals$49.0M13%
- Corporations and businesses$8.9M2.4%
- Charitable organizations$327,7300.1%
- Individual clients
- 89reported
- HNW clients
- 118reported
- Pension plan clients
- n/areported
- Charitable clients
- 1reported
- Accounts
- 752reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.97 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| B••••••• D•••• G••••••Certified Financial Planner | San Antonio, Tx | Nov 6, 2008 | 22 y | 0 |
| K••• W••••• F••••••Certified Financial Planner | San Antonio, Tx | Mar 2, 2017 | 42 y | 2 |
| K••••••• A•• N•••••Certified Financial Planner | San Antonio, Tx | Nov 9, 2017 | 27 y | 3 |
| N•••••••• A••• M••••• | San Antonio, Tx | Apr 29, 2020 | 22 y | 4 |
| J••••• J•••• H••••••Certified Financial Planner | San Antonio, Tx | Mar 7, 2024 | 15 y | 2 |
| M•••••• E••••• L•••• | San Antonio, Tx | Sep 22, 2025 | 23 y | 0 |
| A•••• M••••••Certified Financial Planner | San Antonio, Tx | Jun 24, 2026 | 14 y | 8 |
Advisor movement
2 left, 1 joined in 12 months
net -1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 29% of current headcount4 left over 36 months
Left, latest
- S•••• E••••• L•••••• to A•••• W••••• A•••••••May 4, 2026 · RIA to RIA
- M••• J• H••••••••• to I••••••••• F••••••••Feb 9, 2026 · RIA to RIA
- C•••••• N•••••• to L•••• F••• A••••••• S•••••••Apr 9, 2025 · RIA to affiliated broker-dealer or bank
- B•••••• M•••• B•••• to S•••••• F•••••••• L••Oct 11, 2023 · RIA to RIA
- K•••• S•••• R••••••••• to L••••••• F•••••••• P••••••• L••Aug 17, 2023 · RIA to a state-registered adviser
- M•••••• B•••• M••••••• to K•• I••••••••• A•••••••• L••Aug 26, 2022 · RIA to RIA
- E••••••• A••••• to M••••• G••••• A••••••• I•••Mar 1, 2021 · RIA to RIA
- B•••• D••••• C•••• to W•••• I••••••••• A•••••••• L••Sep 13, 2019 · RIA to affiliated broker-dealer or bank
- A•••• M•••••• to M••••• F••••••••Nov 13, 2018 · Other
Joined, latest
- A•••• M•••••• from Y•• W•••••Jun 24, 2026 · RIA to RIA
- S•••• E••••• L•••••• from A•••• W••••• A•••••••Nov 21, 2024 · RIA to RIA
- J••••• J•••• H•••••• from C•••••• S••••• • C••• I•••Mar 7, 2024 · Affiliated broker-dealer or bank to independent RIA
- B•••••• M•••• B•••• from W••••••••• A••••••• L••Nov 9, 2022 · RIA to RIA
- N•••••••• A••• M••••• from C•••••••• F•••••••• A•••••••Apr 29, 2020 · RIA to RIA
- M••• J• H••••••••• from C••••••••• F•••••••• N••••••Oct 28, 2019 · Affiliated broker-dealer or bank to independent RIA
- K•••• S•••• R••••••••• from T•• W••••• A•••••••• L••Oct 2, 2018 · RIA to RIA
- K••••••• A•• N••••• from C••••••••• F•••••••• N••••••Nov 9, 2017 · Other
- M•••••• B•••• M••••••• from C•••• F•••••••• S••••••• C•••••••••Mar 2, 2017 · Other
- K••• W••••• F•••••• from U••••• P•••••••• F•••••••• S••••••• O• A•••••• A• L•••••• P••••••Mar 2, 2017 · Other
- B•••• D••••• C•••• from C•••• F•••••••• S••••••• C•••••••••Mar 2, 2017 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from C•••• F•••••••• S••••••• C•••••••••Nov 9, 2018 · San Antonio, Tx
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- F••••••• K•••• W••••• · Ceo, Ccocontrolsince 02/2017 · owns less than 5%
- G••••••• B•••••••• D•••• · Coocontrolsince 02/2017 · owns less than 5%
- F••••••• K•••• W••••• · Member, Ceo, Ccocontrolsince 02/2017 · owns 25% to 50% of K••• H•••••••• L••
- G••••••• B•••••••• D•••• · Member, Coocontrolsince 02/2017 · owns 50% to 75% of K••• H•••••••• L••
Entity owners
- K••• H•••••••• L•• · Shareholderdirect · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| San Antonio, Tx · principal | 7 | 2 | 2 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 710 to 752Jan 8, 2026 to Feb 5, 2026
- Advisory activities · 4 to 3Jan 8, 2026 to Feb 5, 2026
- HNW clients · 117 to 118Jan 8, 2026 to Feb 5, 2026
- Individual clients · 82 to 89Jan 8, 2026 to Feb 5, 2026
- Pension plan clients · 18.0 to unsetJan 8, 2026 to Feb 5, 2026
- Discretionary RAUM · $293M to $355MJan 8, 2026 to Feb 5, 2026
- HNW RAUM · $260M to $308MJan 8, 2026 to Feb 5, 2026
- Individual RAUM · $37.9M to $49.0MJan 8, 2026 to Feb 5, 2026
- Non-discretionary RAUM · $53.2M to $11.8MJan 8, 2026 to Feb 5, 2026
- Pension RAUM · 40295478.0 to unsetJan 8, 2026 to Feb 5, 2026
- RAUM · $346M to $366MJan 8, 2026 to Feb 5, 2026
- Financial planning clients · 101-250 to 101-250Feb 12, 2025 to May 5, 2025
- Accounts · 703 to 710Jul 17, 2024 to Feb 12, 2025
- Advisory employees · 6 to 8Jul 17, 2024 to Feb 12, 2025
- Charity clients · 2 to 1Jul 17, 2024 to Feb 12, 2025
- HNW clients · 116 to 117Jul 17, 2024 to Feb 12, 2025
- Employees · 9 to 11Jul 17, 2024 to Feb 12, 2025
- State-registered IARs · 6 to 8Jul 17, 2024 to Feb 12, 2025
- Discretionary RAUM · $277M to $293MJul 17, 2024 to Feb 12, 2025
- HNW RAUM · $240M to $260MJul 17, 2024 to Feb 12, 2025
- Individual RAUM · $33.6M to $37.9MJul 17, 2024 to Feb 12, 2025
- Non-discretionary RAUM · $47.0M to $53.2MJul 17, 2024 to Feb 12, 2025
- Pension RAUM · $35.7M to $40.3MJul 17, 2024 to Feb 12, 2025
- RAUM · $324M to $346MJul 17, 2024 to Feb 12, 2025
- Pension plan clients · 82 to 18Mar 1, 2024 to Jul 17, 2024
- Accounts · 764 to 703Mar 15, 2023 to Mar 1, 2024
- Advisory employees · 7 to 6Mar 15, 2023 to Mar 1, 2024
- Charity clients · unset to 2.0Mar 15, 2023 to Mar 1, 2024
- Corporate clients · unset to 1.0Mar 15, 2023 to Mar 1, 2024
- HNW clients · 125 to 116Mar 15, 2023 to Mar 1, 2024
- Individual clients · 99 to 82Mar 15, 2023 to Mar 1, 2024
- Pension plan clients · 17 to 82Mar 15, 2023 to Mar 1, 2024
- Employees · 10 to 9Mar 15, 2023 to Mar 1, 2024
- State-registered IARs · 7 to 6Mar 15, 2023 to Mar 1, 2024
- Discretionary RAUM · $243M to $277MMar 15, 2023 to Mar 1, 2024
- HNW RAUM · $208M to $240MMar 15, 2023 to Mar 1, 2024
- Individual RAUM · $31.9M to $33.6MMar 15, 2023 to Mar 1, 2024
- Non-discretionary RAUM · $43.7M to $47.0MMar 15, 2023 to Mar 1, 2024
- Pension RAUM · $32.9M to $35.7MMar 15, 2023 to Mar 1, 2024
- RAUM · $287M to $324MMar 15, 2023 to Mar 1, 2024
Signals
7 dated events
- S•••• E••••• L•••••• left F•••••••• L••• A••••••• for A•••• W••••• A••••••• (registered 2026-05-28)May 4, 2026 · Advisor changed firm · fact
- M••• J• H••••••••• left F•••••••• L••• A••••••• for I••••••••• F•••••••• (registered 2025-11-26)Feb 9, 2026 · Advisor changed firm · fact
- C•••••• N•••••• left F•••••••• L••• A••••••• for L•••• F••• A••••••• S••••••• (registered 2025-05-09)Apr 9, 2025 · Advisor changed firm · fact
- B•••••• M•••• B•••• left F•••••••• L••• A••••••• for S•••••• F•••••••• L•• (registered 2024-03-21)Oct 11, 2023 · Advisor changed firm · fact
- K•••• S•••• R••••••••• left F•••••••• L••• A••••••• for L••••••• F•••••••• P••••••• L•• (registered 2023-11-06)Aug 17, 2023 · Advisor changed firm · fact
- M•••••• B•••• M••••••• left F•••••••• L••• A••••••• for K•• I••••••••• A•••••••• L•• (registered 2023-10-11)Aug 26, 2022 · Advisor changed firm · fact
- F•••••••• L••• A••••••• filed its initial SEC registration (Form ADV)Jul 19, 2017 · 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
- 210-918-8998reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 210-579-6615reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/FINANCIALL•••ADVISORSreportedpublic record, Form ADV, Sep 18, 2026
- Website
- FLADVISORS.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 210-918-8998reportedpublic record, Form ADV, Mar 18, 2026
- Contact form
- fladvisors.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- fladvisors.com/who-we-arereportedpublished 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
- $52.3Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026