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

N••••••••• G•••• L••

Independent wealth managerRedwood Shores, CaliforniaCRD 130982SEC 801-110408websiteIAPD
Latest filing Mar 26, 2026
First filing on the tape Apr 6, 2017 · 17 filings
SEC status approved since Apr 28, 2017
RAUM
$1.0B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
92%
$930M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$337M
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$1.0B as of Mar 26, 2026
Mar 20, 2018$399M then
HNW client RAUM$887M as of Mar 26, 2026
Mar 20, 2018$324M then
State-registered IARs (5.B.3)5 as of Mar 26, 2026
Mar 20, 20182 then
Employees (5.A)6 as of Mar 26, 2026
Mar 20, 20184 then
Private funds: no history
RAUM +9.1% over the last fiscal year+20% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$337MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
110derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.5MderivedHNW RAUM over HNW clients
Average account
$725,998derivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
2.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+9.1%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-21%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$887M88%
  • Corporations and businesses$56.4M5.6%
  • Individuals$43.3M4.3%
  • Pension and profit-sharing plans$19.3M1.9%
  • Charitable organizations$6.1M0.6%
Individual clients
76reported
HNW clients
254reported
Pension plan clients
6reported
Charitable clients
3reported
Accounts
1,394reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.92 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=5.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
C•••• A•••••• P•••••••••Redwood City, CaAug 2, 199938 y0
E••• S•••••• D••••Certified Financial PlannerRedwood City, CaAug 2, 199933 y0
K•••• K••••• F•••••Redwood Shores, CaSep 23, 201437 y0
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 headcount1 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • D••••• E•••• S•••••• · Managing Membercontrol
    since 04/1999 · owns 25% to 50%
  • F•••••• K••••• K••••• · Chief Compliance Officercontrol
    since 03/2021 · owns less than 5%
  • P••••••••• C••••• A•••••• · Managing Member, Chief Compliance Officercontrol
    since 04/1999 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Redwood City, Ca200
Redwood Shores, Ca · principal100
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
4 against comparable advisers; where to look, not conclusions
  • clients down average size upCombination · filing Mar 26, 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 $927,521,918 to $1,012,040,689, advisors 5 to 5, private clients 420 to 330, offices 0 to 0 (2025-04-01 to 2026-03-26)
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Mar 26, 2026
    F•••••• K••••• K••••• (CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2021-03-29 and 2026-03-26
    peers: independent wealth managers, $1B to $5B (1,362)
  • account count surgeChange between filings · filing Mar 26, 2026
    accounts (Item 5.F.2.f) moved from 426.0 to 1,394.0 (+227.0%) between the annual amendments of 2025-04-01 and 2026-03-26; the peer median change was +6.0% (1206 comparable advisers, 99.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,206) · 99% percentile
  • HNW share shiftChange between filings · filing Mar 26, 2026
    HNW share of RAUM moved from 72.0% to 88.0% between the annual amendments of 2025-04-01 and 2026-03-26
    peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
  • Accounts · 426 to 1,394
    Apr 1, 2025 to Mar 26, 2026
  • Corporate clients · 5 to 3
    Apr 1, 2025 to Mar 26, 2026
  • HNW clients · 267 to 254
    Apr 1, 2025 to Mar 26, 2026
  • Individual clients · 153 to 76
    Apr 1, 2025 to Mar 26, 2026
  • Pension plan clients · 2 to 6
    Apr 1, 2025 to Mar 26, 2026
  • Discretionary RAUM · $928M to $986M
    Apr 1, 2025 to Mar 26, 2026
  • HNW RAUM · $669M to $887M
    Apr 1, 2025 to Mar 26, 2026
  • Individual RAUM · $224M to $43.3M
    Apr 1, 2025 to Mar 26, 2026
  • Non-discretionary RAUM · $0 to $26.3M
    Apr 1, 2025 to Mar 26, 2026
  • Pension RAUM · $14.2M to $19.3M
    Apr 1, 2025 to Mar 26, 2026
  • RAUM · $928M to $1.0B
    Apr 1, 2025 to Mar 26, 2026
  • Accounts · 907 to 426
    Apr 22, 2024 to Apr 1, 2025
  • Advisory employees · 4 to 5
    Apr 22, 2024 to Apr 1, 2025
  • BD registered reps · 6 to 5
    Apr 22, 2024 to Apr 1, 2025
  • Charity clients · unset to 3.0
    Apr 22, 2024 to Apr 1, 2025
  • Corporate clients · 4 to 5
    Apr 22, 2024 to Apr 1, 2025
  • HNW clients · 128 to 267
    Apr 22, 2024 to Apr 1, 2025
  • Individual clients · 173 to 153
    Apr 22, 2024 to Apr 1, 2025
  • Pension plan clients · 3 to 2
    Apr 22, 2024 to Apr 1, 2025
  • Financial planning clients · 1-10 to 1-10
    Apr 22, 2024 to Apr 1, 2025
  • State-registered IARs · 4 to 5
    Apr 22, 2024 to Apr 1, 2025
  • Discretionary RAUM · $644M to $928M
    Apr 22, 2024 to Apr 1, 2025
  • HNW RAUM · $514M to $669M
    Apr 22, 2024 to Apr 1, 2025
  • Individual RAUM · $116M to $224M
    Apr 22, 2024 to Apr 1, 2025
  • Pension RAUM · $12.5M to $14.2M
    Apr 22, 2024 to Apr 1, 2025
  • RAUM · $644M to $928M
    Apr 22, 2024 to Apr 1, 2025
  • Accounts · 705 to 907
    Mar 29, 2023 to Mar 22, 2024
  • Advisory employees · 5 to 4
    Mar 29, 2023 to Mar 22, 2024
  • BD registered reps · 5 to 6
    Mar 29, 2023 to Mar 22, 2024
  • Corporate clients · 5 to 4
    Mar 29, 2023 to Mar 22, 2024
  • HNW clients · 106 to 128
    Mar 29, 2023 to Mar 22, 2024
  • Individual clients · 210 to 173
    Mar 29, 2023 to Mar 22, 2024
  • Pension plan clients · 8 to 3
    Mar 29, 2023 to Mar 22, 2024
  • State-registered IARs · 5 to 4
    Mar 29, 2023 to Mar 22, 2024
  • Discretionary RAUM · $587M to $644M
    Mar 29, 2023 to Mar 22, 2024
  • HNW RAUM · $427M to $514M
    Mar 29, 2023 to Mar 22, 2024
  • Individual RAUM · $149M to $116M
    Mar 29, 2023 to Mar 22, 2024
  • Pension RAUM · $9.5M to $12.5M
    Mar 29, 2023 to Mar 22, 2024
  • RAUM · $587M to $644M
    Mar 29, 2023 to Mar 22, 2024
  • HQ city · REDWOOD CITY to REDWOOD SHORES
    Mar 10, 2023 to Mar 20, 2023
Signals
7 dated events
  • N••••••••• G•••• L•• reported RAUM $927.5M, up 44% from $644.2M (2024-04-22 to 2025-04-01)
    Apr 1, 2025 · RAUM change · derived
  • E••• R••• M•••• left N••••••••• G•••• L•• for M•••• C•••••• M••••••••• (registered 2025-01-14)
    Dec 5, 2024 · Advisor changed firm · fact
  • N••••••••• G•••• L•• reported RAUM $643.9M, up 34% from $480.8M (2021-03-29 to 2022-03-17)
    Mar 17, 2022 · RAUM change · derived
  • Keller Karen Franco (Chief Compliance Officer) appeared on Schedule A of N••••••••• G•••• L••
    Mar 29, 2021 · Control person joined · fact
  • Marie Anita Ramos (Chief Compliance Officer) no longer on Schedule A of N••••••••• G•••• L•• (listed 2020-06-11, absent 2021-03-29)
    Mar 29, 2021 · Control person left · inference
  • N••••••••• G•••• L•• reported RAUM $490.9M, up 33% from $369.5M (2019-03-28 to 2020-03-12)
    Mar 12, 2020 · RAUM change · derived
  • N••••••••• G•••• L•• filed its initial SEC registration (Form ADV)
    Apr 6, 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 email
info@navigationgroup.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email
zita@navigationgroup.comreportedpublished by the firm, firm site, Sep 17, 2026
Business phone
650-595-1767reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
650-595-1700reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/navigation-groupreportedpublic record, Form ADV, Sep 18, 2026
Website
navigationgroup.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
650-595-1700reportedpublic record, Form ADV, Mar 26, 2026
Contact form
navigationgroup.com/contactreportedpublished by the firm, firm site, Sep 17, 2026
Team page
navigationgroup.com/meet-the-teamreportedpublished by the firm, firm site, Sep 17, 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
$337Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026