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.

Former SEC-registered adviser

Wealth Advisors, Inc.

Former SEC-registered adviserHenderson, NevadaCRD 130478SEC 801-113020IAPD
Latest filing Sep 11, 2023
First filing on the tape Mar 28, 2018 · 12 filings
RAUM
$224M
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
78%
$176M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$224M as of Mar 22, 2023
Mar 13, 2019$108M then
HNW client RAUM$156M as of Mar 22, 2023
Mar 13, 2019$102M then
State-registered IARs (5.B.3)4 as of Mar 22, 2023
Mar 13, 20191 then
Employees (5.A)4 as of Mar 22, 2023
Mar 13, 20196 then
Private funds: no history
RAUM -28% over the last fiscal year+10% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Sep 11, 2023; every figure names its basis
RAUM per advisor
$56.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
38derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.3MderivedHNW RAUM over HNW clients
Average account
$531,214derivedRAUM over accounts (5.F.2.f)
Discretionary
95%derivedof RAUM
Institutional
22%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-28%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-54%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, otherreportedItem 5.G
Wrap fee program
$203MreportedItem 5.I
Custody
$20.9M, 25 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$156M70%
  • Pension and profit-sharing plans$28.4M13%
  • Individuals$19.6M8.7%
  • Charitable organizations$11.6M5.2%
  • Insurance companies$8.4M3.8%
Individual clients
104reported
HNW clients
48reported
Pension plan clients
21reported
Charitable clients
5reported
Accounts
422reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$20.9M for 25 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Edward Paul Drolson · President, Directorcontrol
      since 10/2000 · owns 75% or more
    • Dean Kenneth Fincher · Vice President & Chief Compliance Officer
      since 03/2018 · 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
    Rancho Santa Fe, Ca000
    San Diego, Ca000
    Offices
    Schedule D 1.F, the 25 largest
    • Rancho Santa Fe, CA3 employees
    What changed
    consecutive filings, newest first
    • Accounts · 369 to 422
      Mar 24, 2022 to Mar 22, 2023
    • Charity clients · 4 to 5
      Mar 24, 2022 to Mar 22, 2023
    • Corporate clients · 3.0 to unset
      Mar 24, 2022 to Mar 22, 2023
    • HNW clients · 109 to 48
      Mar 24, 2022 to Mar 22, 2023
    • Individual clients · 224 to 104
      Mar 24, 2022 to Mar 22, 2023
    • Pension plan clients · 29 to 21
      Mar 24, 2022 to Mar 22, 2023
    • Assets in custody · $18.9M to $20.9M
      Mar 24, 2022 to Mar 22, 2023
    • Employees · 5 to 4
      Mar 24, 2022 to Mar 22, 2023
    • Discretionary RAUM · $303M to $212M
      Mar 24, 2022 to Mar 22, 2023
    • HNW RAUM · $248M to $156M
      Mar 24, 2022 to Mar 22, 2023
    • Individual RAUM · $10.9M to $19.6M
      Mar 24, 2022 to Mar 22, 2023
    • Non-discretionary RAUM · $10.6M to $12.1M
      Mar 24, 2022 to Mar 22, 2023
    • Pension RAUM · $39.1M to $28.4M
      Mar 24, 2022 to Mar 22, 2023
    • RAUM · $313M to $224M
      Mar 24, 2022 to Mar 22, 2023
    • Wrap assets (manager) · unset to 0.0
      Mar 24, 2022 to Mar 22, 2023
    • Wrap assets (sponsor) · unset to 0.0
      Mar 24, 2022 to Mar 22, 2023
    • Accounts · 215 to 369
      Apr 26, 2021 to Mar 24, 2022
    • Charity clients · unset to 4.0
      Apr 26, 2021 to Mar 24, 2022
    • Corporate clients · unset to 3.0
      Apr 26, 2021 to Mar 24, 2022
    • HNW clients · 23 to 109
      Apr 26, 2021 to Mar 24, 2022
    • Individual clients · 65 to 224
      Apr 26, 2021 to Mar 24, 2022
    • Pension plan clients · 23 to 29
      Apr 26, 2021 to Mar 24, 2022
    • Assets in custody · $108M to $18.9M
      Apr 26, 2021 to Mar 24, 2022
    • Employees · 4 to 5
      Apr 26, 2021 to Mar 24, 2022
    • Discretionary RAUM · $256M to $303M
      Apr 26, 2021 to Mar 24, 2022
    • HNW RAUM · $196M to $248M
      Apr 26, 2021 to Mar 24, 2022
    • Individual RAUM · $27.3M to $10.9M
      Apr 26, 2021 to Mar 24, 2022
    • Non-discretionary RAUM · $0 to $10.6M
      Apr 26, 2021 to Mar 24, 2022
    • Pension RAUM · $32.9M to $39.1M
      Apr 26, 2021 to Mar 24, 2022
    • RAUM · $256M to $313M
      Apr 26, 2021 to Mar 24, 2022
    • Wrap assets (manager) · 0.0 to unset
      Apr 26, 2021 to Mar 24, 2022
    • Wrap assets (sponsor) · 0.0 to unset
      Apr 26, 2021 to Mar 24, 2022
    • Accounts · 174 to 215
      Jun 10, 2020 to Mar 23, 2021
    • Advisory employees · 3 to 4
      Jun 10, 2020 to Mar 23, 2021
    • HNW clients · 26 to 23
      Jun 10, 2020 to Mar 23, 2021
    • Individual clients · 34 to 65
      Jun 10, 2020 to Mar 23, 2021
    • Pension plan clients · unset to 23.0
      Jun 10, 2020 to Mar 23, 2021
    • Employees · 3 to 4
      Jun 10, 2020 to Mar 23, 2021
    • HQ city · RANCHO SANTA FE to HENDERSON
      Jun 10, 2020 to Mar 23, 2021
    • HQ state · CA to NV
      Jun 10, 2020 to Mar 23, 2021
    Signals
    7 dated events
    • Timothy James Kaiser left Wealth Advisors, Inc. for Perigon Wealth Management, Llc (registered 2023-11-17)
      Feb 16, 2024 · Advisor changed firm · fact
    • Trevin Lamont Epps left Wealth Advisors, Inc. for Perigon Wealth Management, Llc (registered 2026-01-02)
      Feb 16, 2024 · Advisor changed firm · fact
    • Paul Edward Drolson left Wealth Advisors, Inc. for Independent Financial Group, Llc (registered 2009-02-09)
      Feb 16, 2024 · Advisor changed firm · fact
    • Kenneth Dean Fincher left Wealth Advisors, Inc. for Independent Financial Group, Llc (registered 2009-02-09)
      Feb 16, 2024 · Advisor changed firm · fact
    • 2 advisors left Wealth Advisors, Inc. (Rancho Santa FE, CA) for Perigon Wealth Management, LLC on the same day
      Feb 16, 2024 · Team lift-out · derived
    • 2 advisors left Wealth Advisors, Inc. (San Diego, CA) for Independent Financial Group, LLC on the same day
      Feb 16, 2024 · Team lift-out · derived
    • Wealth Advisors, Inc. filed its initial SEC registration (Form ADV)
      Mar 28, 2018 · 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026