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•• C•••••• M••••••••• L••

Independent wealth managerOklahoma City, OklahomaCRD 130489SEC 801-125846websiteIAPD
Latest filing Jul 6, 2026
First filing on the tape May 11, 2022 · 16 filings
SEC status approved since Jun 10, 2022
RAUM
$250M
reported, Item 5.F
Discretionary
31%
of RAUM
Private clients
84%
$209M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$62.6M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$250M as of Jul 6, 2026
Feb 17, 2023$118M then
HNW client RAUM$124M as of Jul 6, 2026
Feb 17, 2023$72.1M then
State-registered IARs (5.B.3)4 as of Jul 6, 2026
Feb 17, 20234 then
Employees (5.A)4 as of Jul 6, 2026
Feb 17, 20234 then
Private funds: no history
RAUM +47% over the last fiscal year+28% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Jul 6, 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
$62.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
102derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.9MderivedHNW RAUM over HNW clients
Average account
$305,374derivedRAUM over accounts (5.F.2.f)
Discretionary
31%derivedof RAUM
Institutional
15%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+47%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-48%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, otherreportedItem 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)
  • 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$124M50%
  • Individuals$85.4M34%
  • Pension and profit-sharing plans$37.9M15%
  • Corporations and businesses$3.0M1.2%
Individual clients
341reported
HNW clients
65reported
Pension plan clients
7reported
Charitable clients
0reported
Accounts
820reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.84 fund_share=0.0 institutional_share=0.15 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S••••• L•• M•••••Oklahoma City, OkJun 13, 202216 y1
M••• R•••• H••••••••Oklahoma City, OkJun 13, 202228 y3
C•••• J•••• L•••••••Oklahoma City, OkJan 24, 202426 y3
J•••• M•••• M••••••Edmond, Ok Jul 25, 202418 y2
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • H••••••••• M•••• R•••• · Vice-Presidentcontrol
    since 01/2010 · owns 25% to 50%
  • L•••••••• C••••• J•••• · Vice-Presidentcontrol
    since 01/2004 · owns 25% to 50%
  • L•••••••• M••••••• J•••• · Presidentcontrol
    since 01/2004 · owns 25% to 50%
  • M•••••• S•••••• L•• · Membercontrol
    since 03/2022 · owns 25% to 50%
  • P•••••• J••••• D• · Chief Compliance Officer
    since 06/2024 · 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
Oklahoma City, Ok · principal400
Indianapolis, In001
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • clients down average size upCombination · filing Apr 8, 2026
    private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $170,199,141 to $250,406,715, advisors 4 to 4, private clients 781 to 406, offices 0 to 0 (2025-04-21 to 2026-04-08)
    peers: independent wealth managers, $100M to $500M (5,678)
  • client count collapseChange between filings · filing Apr 8, 2026
    individual and HNW clients (Item 5.D) moved from 781.0 to 406.0 (-48.0%) between the annual amendments of 2025-04-21 and 2026-04-08; the peer median change was +3.0% (3309 comparable advisers, 2.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,309) · 1.8% percentile
  • RAUM up 25 %Change between filings · filing Apr 8, 2026
    RAUM (Item 5.F) moved from $170,199,141 to $250,406,715 (+47.0%) between the annual amendments of 2025-04-21 and 2026-04-08; the peer median change was +15.0% (4549 comparable advisers, 95.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (4,549) · 95% percentile
What changed
consecutive filings, newest first
  • Accounts · 692 to 820
    Jul 17, 2025 to Mar 30, 2026
  • Advisory activities · 2 to 3
    Jul 17, 2025 to Mar 30, 2026
  • Corporate clients · 0 to 3
    Jul 17, 2025 to Mar 30, 2026
  • HNW clients · 62 to 65
    Jul 17, 2025 to Mar 30, 2026
  • Individual clients · 215 to 341
    Jul 17, 2025 to Mar 30, 2026
  • Pension plan clients · 6 to 7
    Jul 17, 2025 to Mar 30, 2026
  • Discretionary RAUM · $67.2M to $77.5M
    Jul 17, 2025 to Mar 30, 2026
  • HNW RAUM · $101M to $124M
    Jul 17, 2025 to Mar 30, 2026
  • Individual RAUM · $61.8M to $85.4M
    Jul 17, 2025 to Mar 30, 2026
  • Non-discretionary RAUM · $130M to $173M
    Jul 17, 2025 to Mar 30, 2026
  • Pension RAUM · $33.6M to $37.9M
    Jul 17, 2025 to Mar 30, 2026
  • RAUM · $197M to $250M
    Jul 17, 2025 to Mar 30, 2026
  • Accounts · 781 to 692
    Jun 13, 2025 to Jul 17, 2025
  • HNW clients · 64 to 62
    Jun 13, 2025 to Jul 17, 2025
  • Individual clients · 717 to 215
    Jun 13, 2025 to Jul 17, 2025
  • Financial planning clients · 0 to 0
    Jun 13, 2025 to Jul 17, 2025
  • Discretionary RAUM · $60.1M to $67.2M
    Jun 13, 2025 to Jul 17, 2025
  • HNW RAUM · $102M to $101M
    Jun 13, 2025 to Jul 17, 2025
  • Individual RAUM · $59.0M to $61.8M
    Jun 13, 2025 to Jul 17, 2025
  • Non-discretionary RAUM · $110M to $130M
    Jun 13, 2025 to Jul 17, 2025
  • Pension RAUM · $9.0M to $33.6M
    Jun 13, 2025 to Jul 17, 2025
  • RAUM · $170M to $197M
    Jun 13, 2025 to Jul 17, 2025
  • Accounts · 625 to 781
    Aug 29, 2024 to Apr 21, 2025
  • HNW clients · 65 to 64
    Aug 29, 2024 to Apr 21, 2025
  • Individual clients · 227 to 717
    Aug 29, 2024 to Apr 21, 2025
  • Pension plan clients · 5 to 6
    Aug 29, 2024 to Apr 21, 2025
  • Discretionary RAUM · $51.6M to $60.1M
    Aug 29, 2024 to Apr 21, 2025
  • HNW RAUM · $94.2M to $102M
    Aug 29, 2024 to Apr 21, 2025
  • Individual RAUM · $50.0M to $59.0M
    Aug 29, 2024 to Apr 21, 2025
  • Non-discretionary RAUM · $97.1M to $110M
    Aug 29, 2024 to Apr 21, 2025
  • Pension RAUM · $4.5M to $9.0M
    Aug 29, 2024 to Apr 21, 2025
  • RAUM · $149M to $170M
    Aug 29, 2024 to Apr 21, 2025
  • Accounts · 612 to 625
    Sep 29, 2023 to Mar 11, 2024
  • HNW clients · 53 to 65
    Sep 29, 2023 to Mar 11, 2024
  • Individual clients · 202 to 227
    Sep 29, 2023 to Mar 11, 2024
  • Financial planning clients · unset to 0
    Sep 29, 2023 to Mar 11, 2024
  • Discretionary RAUM · $55.9M to $51.6M
    Sep 29, 2023 to Mar 11, 2024
  • HNW RAUM · $72.1M to $94.2M
    Sep 29, 2023 to Mar 11, 2024
  • Individual RAUM · $42.8M to $50.0M
    Sep 29, 2023 to Mar 11, 2024
  • Non-discretionary RAUM · $62.5M to $97.1M
    Sep 29, 2023 to Mar 11, 2024
Signals
2 dated events
  • Matthew Mark Reynolds no longer registered at L•• C•••••• M••••••••• L••; no later IA registration on IAPD
    Mar 30, 2026 · Advisor departure · fact
  • L•• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
    May 11, 2022 · 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
405-463-3334reportedpublished by the firm, firm site, Sep 17, 2026
Website
w••.l•••••.comreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
405-463-3334reportedpublic record, Form ADV, Jul 6, 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
$62.6Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026