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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Former SEC-registered adviser

H••••••• F•••••••• S••••••••• L••

Former SEC-registered adviserDodge City, KansasCRD 131008SEC 801-121552IAPD
Legal name D••••••••• P•••••••• M••••••••• L••
Latest filing Sep 27, 2023
First filing on the tape Feb 2, 2012 · 18 filings
RAUM
$84.2M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
92%
$77.2M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$84.2M
derived; firm RAUM over IAPD count
Employees
2
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$90.4M as of Mar 26, 2023
Feb 13, 2012$62.2M then
HNW client RAUM$42.3M as of Mar 26, 2023
Mar 29, 2022$51.2M then
State-registered IARs (5.B.3)1 as of Mar 26, 2023
Mar 29, 20222 then
Employees (5.A)2 as of Mar 26, 2023
Mar 29, 20224 then
Private funds: no history
RAUM -20% over the last fiscal yearIARs 2 to 1
Practice profile
derived from the filing of Sep 27, 2023; every figure names its basis
RAUM per advisor
$84.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
160derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.6MderivedHNW RAUM over HNW clients
Average account
$214,137derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
5.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-15%derivedbetween the last two annual amendments
Advisor growth, one year
-50%derivedItem 5.B.3 between annual amendments
Client growth, one year
-6.9%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$84.0M, 165 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$43.5M52%
  • Individuals$33.6M40%
  • Charitable organizations$4.8M5.7%
  • Corporations and businesses$2.2M2.6%
Individual clients
143reported
HNW clients
17reported
Pension plan clients
n/areported
Charitable clients
9reported
Accounts
393reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$84.0M for 165 clientsreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
A•••• L•• W•••••Dodge City, KsMay 10, 201324 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
Left, latest
none on the tape
    Every departureEvery arrival
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • W•••••• A••••• L•• · Chief Compliance Officercontrol
      since 01/2020 · owns less than 5%
    • W•••••• A••••• L•• · Chief Compliance Officercontrol
      since 01/2020 · owns 75% or more of W•••••• H••••• W••••• M••••••••• L••
    Entity owners
    • W•••••• H••••• W••••• M••••••••• L•• · Member
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Advisory activities · 2 to 3
      Aug 16, 2023 to Sep 18, 2023
    • Related broker-dealer · false to true
      Aug 16, 2023 to Sep 18, 2023
    • Assets in custody · $0 to $84.0M
      Jul 26, 2023 to Aug 16, 2023
    • Custody of client assets · false to true
      Jul 26, 2023 to Aug 16, 2023
    • Accounts · 407 to 393
      Jun 5, 2023 to Jun 22, 2023
    • Individual clients · 145 to 143
      Jun 5, 2023 to Jun 22, 2023
    • Discretionary RAUM · $90.4M to $84.2M
      Jun 5, 2023 to Jun 22, 2023
    • HNW RAUM · $42.3M to $43.5M
      Jun 5, 2023 to Jun 22, 2023
    • Individual RAUM · $35.0M to $33.6M
      Jun 5, 2023 to Jun 22, 2023
    • Pension RAUM · 6081335.0 to unset
      Jun 5, 2023 to Jun 22, 2023
    • RAUM · $90.4M to $84.2M
      Jun 5, 2023 to Jun 22, 2023
    • Accounts · 429 to 407
      Nov 4, 2022 to Mar 26, 2023
    • Advisory employees · 2 to 1
      Nov 4, 2022 to Mar 26, 2023
    • BD registered reps · 2 to 1
      Nov 4, 2022 to Mar 26, 2023
    • Charity clients · unset to 9.0
      Nov 4, 2022 to Mar 26, 2023
    • HNW clients · 21 to 17
      Nov 4, 2022 to Mar 26, 2023
    • Individual clients · 153 to 145
      Nov 4, 2022 to Mar 26, 2023
    • Pension plan clients · 8.0 to unset
      Nov 4, 2022 to Mar 26, 2023
    • Pooled vehicle clients · 3.0 to unset
      Nov 4, 2022 to Mar 26, 2023
    • Employees · 4 to 2
      Nov 4, 2022 to Mar 26, 2023
    • Financial planning clients · unset to 0
      Nov 4, 2022 to Mar 26, 2023
    • State-registered IARs · 2 to 1
      Nov 4, 2022 to Mar 26, 2023
    • Discretionary RAUM · $106M to $90.4M
      Nov 4, 2022 to Mar 26, 2023
    • HNW RAUM · $51.2M to $42.3M
      Nov 4, 2022 to Mar 26, 2023
    • Individual RAUM · $39.8M to $35.0M
      Nov 4, 2022 to Mar 26, 2023
    • Pension RAUM · $5.9M to $6.1M
      Nov 4, 2022 to Mar 26, 2023
    • Pooled vehicle RAUM · 6515447.0 to unset
      Nov 4, 2022 to Mar 26, 2023
    • RAUM · $106M to $90.4M
      Nov 4, 2022 to Mar 26, 2023
    • Related insurance company · true to false
      Nov 4, 2022 to Mar 26, 2023
    • Accounts · 433 to 429
      Oct 26, 2021 to Mar 29, 2022
    • Corporate clients · 4.0 to unset
      Oct 26, 2021 to Mar 29, 2022
    • HNW clients · 20 to 21
      Oct 26, 2021 to Mar 29, 2022
    • Individual clients · 158 to 153
      Oct 26, 2021 to Mar 29, 2022
    • Pooled vehicle clients · 4 to 3
      Oct 26, 2021 to Mar 29, 2022
    • Discretionary RAUM · $105M to $106M
      Oct 26, 2021 to Mar 29, 2022
    • HNW RAUM · $46.5M to $51.2M
      Oct 26, 2021 to Mar 29, 2022
    • Individual RAUM · $41.5M to $39.8M
      Oct 26, 2021 to Mar 29, 2022
    • Pension RAUM · $5.8M to $5.9M
      Oct 26, 2021 to Mar 29, 2022
    • Pooled vehicle RAUM · $8.7M to $6.5M
      Oct 26, 2021 to Mar 29, 2022
    • RAUM · $105M to $106M
      Oct 26, 2021 to Mar 29, 2022
    Signals
    5 dated events
    • H••••••• F•••••••• S••••••••• L•• filed its initial SEC registration (Form ADV)
      May 20, 2021 · First SEC registration · fact
    • Curtis Larry Cook (Chief Compliance Officer) no longer on Schedule A of H••••••• F•••••••• S••••••••• L•• (listed 2012-03-27, absent 2021-05-20)
      May 20, 2021 · Control person left · inference
    • Kent Elwood Smoll (Member) no longer on Schedule A of H••••••• F•••••••• S••••••••• L•• (listed 2012-03-27, absent 2021-05-20)
      May 20, 2021 · Control person left · inference
    • Rose Carolyn Banning (Member) no longer on Schedule A of H••••••• F•••••••• S••••••••• L•• (listed 2012-03-27, absent 2021-05-20)
      May 20, 2021 · Control person left · inference
    • Lee Amber Wallis (Chief Compliance Officer) appeared on Schedule A of H••••••• F•••••••• S••••••••• L••
      May 20, 2021 · Control person joined · 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
    Website
    heritagefs.netreportedpublic record, Form ADV, Sep 18, 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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $84.2Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026