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

E•••• W••••• M••••••••• I•••

Independent wealth managerKirkland, WashingtonCRD 132122SEC 801-63310websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Dec 14, 2011 · 51 filings
SEC status approved since Jul 2, 2004
RAUM
$861M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$861M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$431M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
51 filings and snapshots on the tape
RAUM$861M as of Mar 30, 2026
Feb 28, 2012$154M then
HNW client RAUM$770M as of Mar 30, 2026
Mar 20, 2018$270M then
State-registered IARs (5.B.3)2 as of Mar 30, 2026
Mar 1, 20132 then
Employees (5.A)5 as of Mar 30, 2026
Mar 1, 20135 then
Private funds: no history
RAUM -14% over the last fiscal year+5.1% a year over threeIARs 3 to 2offices 1 to 0
Practice profile
derived from the filing of Mar 30, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$431MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
233derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.4MderivedHNW RAUM over HNW clients
Average account
$570,412derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-14%derivedbetween the last two annual amendments
Advisor growth, one year
-33%derivedItem 5.B.3 between annual amendments
Client growth, one year
-14%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$770M89%
  • Individuals$90.4M10%
  • Other investment advisers$786,3430.1%
Individual clients
291reported
HNW clients
174reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1,510reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
A•• R••• M•••••••••Kirkland, WaFeb 29, 202419 y0
T•••• L• T•••••••Kirkland, WaJul 10, 202520 y7
Advisor movement
0 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • M••••••••• A••• R••• · Chief Executive Officercontrol
    since 07/2023 · owns 75% or more
Related persons
Schedule D 7.A
Advisers that list E•••• W••••• M••••••••• I••• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Kirkland, Wa · principal200
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 1,914 to 1,510
    Feb 11, 2025 to Mar 30, 2026
  • Advisory employees · 4 to 3
    Feb 11, 2025 to Mar 30, 2026
  • HNW clients · 232 to 174
    Feb 11, 2025 to Mar 30, 2026
  • Individual clients · 306 to 291
    Feb 11, 2025 to Mar 30, 2026
  • Employees · 7 to 5
    Feb 11, 2025 to Mar 30, 2026
  • Insurance-licensed employees · 3 to 0
    Feb 11, 2025 to Mar 30, 2026
  • State-registered IARs · 3 to 2
    Feb 11, 2025 to Mar 30, 2026
  • Other offices · 1 to 0
    Feb 11, 2025 to Mar 30, 2026
  • Discretionary RAUM · $995M to $861M
    Feb 11, 2025 to Mar 30, 2026
  • HNW RAUM · $906M to $770M
    Feb 11, 2025 to Mar 30, 2026
  • Individual RAUM · $89.0M to $90.4M
    Feb 11, 2025 to Mar 30, 2026
  • Non-discretionary RAUM · $900,619 to $786,343
    Feb 11, 2025 to Mar 30, 2026
  • RAUM · $996M to $861M
    Feb 11, 2025 to Mar 30, 2026
  • Accounts · 1,754 to 1,914
    May 13, 2024 to Feb 11, 2025
  • HNW clients · 245 to 232
    May 13, 2024 to Feb 11, 2025
  • Employees · 6 to 7
    May 13, 2024 to Feb 11, 2025
  • Insurance-licensed employees · 0 to 3
    May 13, 2024 to Feb 11, 2025
  • Financial planning clients · 0 to 0
    May 13, 2024 to Feb 11, 2025
  • Discretionary RAUM · $995M to $995M
    May 13, 2024 to Feb 11, 2025
  • HNW RAUM · $915M to $906M
    May 13, 2024 to Feb 11, 2025
  • Individual RAUM · $80.9M to $89.0M
    May 13, 2024 to Feb 11, 2025
  • Non-discretionary RAUM · $921,832 to $900,619
    May 13, 2024 to Feb 11, 2025
  • RAUM · $996M to $996M
    May 13, 2024 to Feb 11, 2025
  • Accounts · 1,506 to 1,754
    Nov 14, 2023 to Feb 9, 2024
  • Advisory employees · 3 to 4
    Nov 14, 2023 to Feb 9, 2024
  • HNW clients · 168 to 245
    Nov 14, 2023 to Feb 9, 2024
  • Individual clients · 301 to 306
    Nov 14, 2023 to Feb 9, 2024
  • Discretionary RAUM · $741M to $995M
    Nov 14, 2023 to Feb 9, 2024
  • HNW RAUM · $670M to $915M
    Nov 14, 2023 to Feb 9, 2024
  • Individual RAUM · $71.1M to $80.9M
    Nov 14, 2023 to Feb 9, 2024
  • Non-discretionary RAUM · $853,067 to $921,832
    Nov 14, 2023 to Feb 9, 2024
  • RAUM · $742M to $996M
    Nov 14, 2023 to Feb 9, 2024
  • Accounts · 1,330 to 1,506
    Jul 7, 2022 to Jan 31, 2023
  • HNW clients · 206 to 168
    Jul 7, 2022 to Jan 31, 2023
  • Individual clients · 226 to 301
    Jul 7, 2022 to Jan 31, 2023
  • Discretionary RAUM · $835M to $741M
    Jul 7, 2022 to Jan 31, 2023
  • HNW RAUM · $768M to $670M
    Jul 7, 2022 to Jan 31, 2023
  • Individual RAUM · $68.0M to $71.1M
    Jul 7, 2022 to Jan 31, 2023
  • Non-discretionary RAUM · $6.4M to $853,067
    Jul 7, 2022 to Jan 31, 2023
  • RAUM · $842M to $742M
    Jul 7, 2022 to Jan 31, 2023
Signals
10 dated events
  • E•••• W••••• M••••••••• I••• reported RAUM $996.3M, up 34% from $742.2M (2023-11-14 to 2024-02-09)
    Feb 9, 2024 · RAUM change · derived
  • J. Douglas Mackinnon (Chief Compliance Officer) no longer on Schedule A of E•••• W••••• M••••••••• I••• (listed 2023-08-28, absent 2023-10-25)
    Oct 25, 2023 · Control person left · inference
  • J. Douglas Mackinnon (Chief Compliance Officer) appeared on Schedule A of E•••• W••••• M••••••••• I•••
    Aug 28, 2023 · Control person joined · fact
  • Reza Ali Memaran-Dadgar (Chief Executive Officer) appeared on Schedule A of E•••• W••••• M••••••••• I•••
    Aug 28, 2023 · Control person joined · fact
  • Nmn Fariba Ronnasi (Chief Executive Officer, Chief Compliance Officer) no longer on Schedule A of E•••• W••••• M••••••••• I••• (listed 2023-02-15, absent 2023-08-28)
    Aug 28, 2023 · Control person left · inference
  • E•••• W••••• M••••••••• I••• reported RAUM $841.9M, up 41% from $595.3M (2021-02-18 to 2022-02-08)
    Feb 8, 2022 · RAUM change · derived
  • E•••• W••••• M••••••••• I••• reported RAUM $595.3M, up 42% from $420.7M (2020-06-23 to 2021-02-18)
    Feb 18, 2021 · RAUM change · derived
  • S Richard Lee (Chief Compliance Officer) no longer on Schedule A of E•••• W••••• M••••••••• I••• (listed 2019-05-17, absent 2019-07-09)
    Jul 9, 2019 · Control person left · inference
  • S Richard Lee (Chief Compliance Officer) appeared on Schedule A of E•••• W••••• M••••••••• I•••
    Apr 11, 2019 · Control person joined · fact
  • E•••• W••••• M••••••••• I••• reported RAUM $356.1M, up 55% from $229.9M (2017-03-21 to 2018-03-20)
    Mar 20, 2018 · RAUM change · derived
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@elitewm.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
425-828-4300reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
425-828-9700reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/elite-wealth-management-inc-reportedpublic record, Form ADV, Sep 18, 2026
Website
elitewm.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
425-828-4300reportedpublic record, Form ADV, Mar 30, 2026
Contact form
elitewm.com/contactreportedpublished by the firm, firm site, Sep 16, 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
$431Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026