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

Open Window Financial Solutions, Ltd.

Independent wealth managerReno, NevadaCRD 131562SEC 801-114451websiteIAPD
Latest filing Mar 17, 2026
First filing on the tape Dec 14, 2011 · 29 filings
SEC status approved since Dec 14, 2018
RAUM
$284M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
89%
$252M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$94.8M
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$284M as of Mar 17, 2026
Mar 19, 2012$55.5M then
HNW client RAUM$236M as of Mar 17, 2026
Mar 16, 2019$87.7M then
State-registered IARs (5.B.3)3 as of Mar 17, 2026
Mar 19, 20120 then
Employees (5.A)6 as of Mar 17, 2026
Mar 16, 20194 then
Private funds: no history
RAUM +16% over the last fiscal year+16% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 17, 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
RAUM per advisor
$94.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
30derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.6MderivedHNW RAUM over HNW clients
Average account
$891,547derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
11%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.1%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
Custody
$150M, 56 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)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$236M83%
  • Pension and profit-sharing plans$32.1M11%
  • Individuals$15.9M5.6%
Individual clients
26reported
HNW clients
65reported
Pension plan clients
10reported
Charitable clients
n/areported
Accounts
319reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$150M for 56 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.89 fund_share=0.0 institutional_share=0.11 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Joseph Robert HollenCertified Financial PlannerReno, NvJun 2, 200422 y0
Eric Anthony HollenCertified Financial PlannerReno, NvDec 13, 201114 y0
Brendan Scott KeelyReno, NvSep 5, 202511 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
Left, latest
Joined, latest
none on the tape
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Anthony Eric Hollen · Owner, Chief Compliance Officercontrol
      since 01/2024 · owns 50% to 75%
    • Robert Joseph Hollen · Presidentcontrol
      since 03/2004 · 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
    Reno, Nv · principal300
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 346 to 319
      Jul 3, 2025 to Mar 17, 2026
    • HNW clients · 57 to 65
      Jul 3, 2025 to Mar 17, 2026
    • Individual clients · 33 to 26
      Jul 3, 2025 to Mar 17, 2026
    • Pension plan clients · 11 to 10
      Jul 3, 2025 to Mar 17, 2026
    • Assets in custody · $140M to $150M
      Jul 3, 2025 to Mar 17, 2026
    • Discretionary RAUM · $246M to $284M
      Jul 3, 2025 to Mar 17, 2026
    • HNW RAUM · $199M to $236M
      Jul 3, 2025 to Mar 17, 2026
    • Individual RAUM · $19.8M to $15.9M
      Jul 3, 2025 to Mar 17, 2026
    • Pension RAUM · $27.3M to $32.1M
      Jul 3, 2025 to Mar 17, 2026
    • RAUM · $246M to $284M
      Jul 3, 2025 to Mar 17, 2026
    • Financial planning clients · 51-100 to 51-100
      Mar 4, 2025 to Jul 3, 2025
    • Accounts · 333 to 346
      Sep 5, 2024 to Mar 4, 2025
    • Individual clients · 34 to 33
      Sep 5, 2024 to Mar 4, 2025
    • Assets in custody · $148M to $140M
      Sep 5, 2024 to Mar 4, 2025
    • Employees · 5 to 6
      Sep 5, 2024 to Mar 4, 2025
    • Discretionary RAUM · $224M to $246M
      Sep 5, 2024 to Mar 4, 2025
    • HNW RAUM · $182M to $199M
      Sep 5, 2024 to Mar 4, 2025
    • Individual RAUM · $17.5M to $19.8M
      Sep 5, 2024 to Mar 4, 2025
    • Pension RAUM · $24.6M to $27.3M
      Sep 5, 2024 to Mar 4, 2025
    • RAUM · $224M to $246M
      Sep 5, 2024 to Mar 4, 2025
    • Accounts · 318 to 333
      Mar 16, 2023 to Mar 22, 2024
    • HNW clients · 49 to 57
      Mar 16, 2023 to Mar 22, 2024
    • Individual clients · 35 to 34
      Mar 16, 2023 to Mar 22, 2024
    • Pension plan clients · 10 to 11
      Mar 16, 2023 to Mar 22, 2024
    • Assets in custody · $114M to $148M
      Mar 16, 2023 to Mar 22, 2024
    • Other offices · 1 to 2
      Mar 16, 2023 to Mar 22, 2024
    • Discretionary RAUM · $184M to $224M
      Mar 16, 2023 to Mar 22, 2024
    • HNW RAUM · $144M to $182M
      Mar 16, 2023 to Mar 22, 2024
    • Individual RAUM · $21.6M to $17.5M
      Mar 16, 2023 to Mar 22, 2024
    • Pension RAUM · $18.9M to $24.6M
      Mar 16, 2023 to Mar 22, 2024
    • RAUM · $184M to $224M
      Mar 16, 2023 to Mar 22, 2024
    • Accounts · 278 to 318
      Oct 24, 2022 to Mar 15, 2023
    • Advisory employees · 2 to 3
      Oct 24, 2022 to Mar 15, 2023
    • HNW clients · 48 to 49
      Oct 24, 2022 to Mar 15, 2023
    • Individual clients · 27 to 35
      Oct 24, 2022 to Mar 15, 2023
    • Assets in custody · $108M to $114M
      Oct 24, 2022 to Mar 15, 2023
    • State-registered IARs · 2 to 3
      Oct 24, 2022 to Mar 15, 2023
    • Other offices · 0 to 1
      Oct 24, 2022 to Mar 15, 2023
    • Discretionary RAUM · $186M to $184M
      Oct 24, 2022 to Mar 15, 2023
    • HNW RAUM · $146M to $144M
      Oct 24, 2022 to Mar 15, 2023
    Signals
    2 dated events
    • Gregory Gage Avera left Open Window Financial Solutions, Ltd. for Experience Your Wealth, Llc (registered 2025-05-01)
      Apr 22, 2025 · Advisor changed firm · fact
    • Open Window Financial Solutions, Ltd. filed its initial SEC registration (Form ADV)
      Nov 15, 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.
    How to reach
    public business contact points only, each with its source
    Firm profile
    linkedin.com/company/open-window-financial-solutions-ltdreportedpublic record, Form ADV, Sep 17, 2026
    Website
    OPENWINDOW.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    775-827-0670reportedpublic record, Form ADV, Mar 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
    $94.8Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026