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.

SEC-registered adviser

Francis LLC

No RAUM reportedBrookfield, WisconsinCRD 130687SEC 801-62841websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Mar 9, 2012 · 16 filings
SEC status approved since Mar 12, 2004
RAUM
$0
reported, Item 5.F
Discretionary
n/a
of RAUM
Private clients
n/a
$0 individuals and HNW
Advisors
17
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
26
20 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$0 as of Mar 27, 2026
Mar 9, 2012$81.4M then
HNW client RAUM: no history
State-registered IARs (5.B.3)20 as of Mar 27, 2026
Mar 9, 20120 then
Employees (5.A)26 as of Mar 27, 2026
Mar 22, 201315 then
Private funds: no history
RAUM n/a over the last fiscal yearIARs 21 to 20offices 3 to 1
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$0derivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
unknownderivedRAUM over accounts (5.F.2.f)
Discretionary
unknownderivedof RAUM
Institutional
unknownderivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
8.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
-4.8%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
hourly, fixed feesreportedItem 5.E
Advisory activities
pension consulting, selection of other advisers, educational seminars, 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
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
0reported
HNW clients
0reported
Pension plan clients
80reported
Charitable clients
n/areported
Accounts
0reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
fixed, hourlyreported
Class basis
private_client_share=0.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
17 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Timothy Michael ShirkBrookfield, WiJan 23, 201520 y0
Matthew M VandreChartered Financial ConsultantBrookfield, WiFeb 18, 201515 y1
Michael John FrancisBrookfield, WiNov 25, 201541 y0
Elizabeth Marie AidooBrookfield, WiAug 30, 201712 y0
Jayson Andrew VoigtCertified Financial PlannerBrookfield, WiNov 4, 201728 y1
David Ryan MandelBrookfield, Wi Dec 5, 201920 y0
Peter Joseph CastroBrookfield, WiMar 6, 202011 y0
Pedro G DominguezBrookfield, WiMar 9, 202313 y0
Kevin Dennis SkowLake Elmo, Mn Mar 14, 202322 y0
Blake Matthew ThomasBrookfield, WiSep 17, 202410 y0
Joseph John ToppBrookfield, WiJan 1, 202526 y0
Macy Marie FallicoBrookfield, WiJan 1, 202513 y0
Clifford Henry DuntemanBrookfield, WiJan 1, 202533 y0
Michael N HartfieldChartered Financial AnalystBrookfield, Wi Sep 5, 202512 y0
Kelli B SendCertified Financial PlannerBrookfield, WiJan 14, 202632 y0
Jonathan N NolanChartered Financial AnalystBrookfield, WiJan 27, 202610 y0
Dina Maleny Capetillo JimenezBrookfield, WiJun 10, 202610 y0
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 5.9% of current headcount1 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • John Michael Francis · Member, Chief Compliance Officercontrol
    since 02/2004 · owns 50% to 75%
  • Henry Clifford Dunteman · Member
    since 08/2008 · owns 5% to 10%
  • B Kelli Send · Member
    since 02/2004 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Brookfield, Wi · principal1731
Lake Elmo, Mn200
Offices
Schedule D 1.F, the 25 largest
  • Oakdale, MN3 employees
  • Chesterfield, MO1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • office count dropChange between filings · filing Mar 27, 2026
    offices other than the principal office (Item 1.F.5) moved from 3.0 to 1.0 (-67.0%) between the annual amendments of 2025-03-31 and 2026-03-27; the peer median change was 0.0% (42 comparable advisers, 5.0th percentile of changes)
    peers: other advisers, under $100M (42) · 4.9% percentile
What changed
consecutive filings, newest first
  • Advisory employees · 21 to 20
    Mar 31, 2025 to Mar 27, 2026
  • Corporate clients · 13 to 17
    Mar 31, 2025 to Mar 27, 2026
  • Employees · 27 to 26
    Mar 31, 2025 to Mar 27, 2026
  • State-registered IARs · 21 to 20
    Mar 31, 2025 to Mar 27, 2026
  • Other offices · 3 to 1
    Mar 31, 2025 to Mar 27, 2026
  • Accounts · unset to 0.0
    Mar 20, 2024 to Mar 31, 2025
  • Advisory employees · 18 to 21
    Mar 20, 2024 to Mar 31, 2025
  • Business name · FRANCIS INVESTMENT COUNSEL LLC to FRANCIS LLC
    Mar 20, 2024 to Mar 31, 2025
  • Corporate clients · unset to 13.0
    Mar 20, 2024 to Mar 31, 2025
  • Pension plan clients · 84 to 80
    Mar 20, 2024 to Mar 31, 2025
  • Employees · 22 to 27
    Mar 20, 2024 to Mar 31, 2025
  • Financial planning clients · unset to
    Mar 20, 2024 to Mar 31, 2025
  • State-registered IARs · 17 to 21
    Mar 20, 2024 to Mar 31, 2025
  • Other offices · 2 to 3
    Mar 20, 2024 to Mar 31, 2025
  • Discretionary RAUM · unset to 0.0
    Mar 20, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · unset to 0.0
    Mar 20, 2024 to Mar 31, 2025
  • RAUM · unset to 0.0
    Mar 20, 2024 to Mar 31, 2025
  • Charity clients · 0.0 to unset
    Mar 23, 2023 to Mar 20, 2024
  • Pension plan clients · 93 to 84
    Mar 23, 2023 to Mar 20, 2024
  • Financial planning clients · 0 to unset
    Mar 23, 2023 to Mar 20, 2024
  • State-registered IARs · 16 to 17
    Mar 23, 2023 to Mar 20, 2024
  • Legal name · FRANCIS INVESTMENT COUNSEL LLC to FRANCIS LLC
    Mar 23, 2023 to Mar 20, 2024
  • Other offices · 1 to 2
    Mar 23, 2023 to Mar 20, 2024
  • Accounts · 2.0 to unset
    Mar 30, 2022 to Mar 23, 2023
  • Advisory employees · 16 to 18
    Mar 30, 2022 to Mar 23, 2023
  • Advisory activities · 5 to 4
    Mar 30, 2022 to Mar 23, 2023
  • Corporate clients · 0.0 to unset
    Mar 30, 2022 to Mar 23, 2023
  • Pension plan clients · 2 to 93
    Mar 30, 2022 to Mar 23, 2023
  • Employees · 18 to 22
    Mar 30, 2022 to Mar 23, 2023
  • State-registered IARs · 14 to 16
    Mar 30, 2022 to Mar 23, 2023
  • Discretionary RAUM · 176791312.0 to unset
    Mar 30, 2022 to Mar 23, 2023
  • Non-discretionary RAUM · 0.0 to unset
    Mar 30, 2022 to Mar 23, 2023
  • Pension RAUM · 176791312.0 to unset
    Mar 30, 2022 to Mar 23, 2023
  • RAUM · 176791312.0 to unset
    Mar 30, 2022 to Mar 23, 2023
  • Advisory activities · 6 to 5
    Mar 11, 2021 to Mar 30, 2022
  • Employees · 20 to 18
    Mar 11, 2021 to Mar 30, 2022
  • Financial planning clients · 26-50 to 0
    Mar 11, 2021 to Mar 30, 2022
  • State-registered IARs · 16 to 14
    Mar 11, 2021 to Mar 30, 2022
  • Discretionary RAUM · $163M to $177M
    Mar 11, 2021 to Mar 30, 2022
  • Pension RAUM · $163M to $177M
    Mar 11, 2021 to Mar 30, 2022
Signals
2 dated events
  • Eric Daniel Hencley left Francis Llc for Madison Partners (registered 2026-01-06)
    Jan 7, 2026 · Advisor changed firm · fact
  • Alexandra Louise Moen left Francis Llc for Mma Securities Llc (registered 2021-07-28)
    Oct 3, 2022 · Advisor changed firm · 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
Firm profile
linkedin.com/company/francisllcreportedpublic record, Form ADV, Sep 17, 2026
Website
FRANCISWAY.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
866-232-6457reportedpublic record, Form ADV, Mar 27, 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
No RAUM reportedderiveda 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