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SEC-registered adviser

M••••••• C•••••• M••••••••• I•••

Independent wealth managerLa Jolla, CaliforniaCRD 132553SEC 801-63477websiteIAPD
Latest filing Feb 9, 2026
First filing on the tape Mar 14, 2012 · 20 filings
SEC status approved since Aug 30, 2004
RAUM
$91.9M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
61%
$55.7M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$30.6M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$91.9M as of Feb 9, 2026
Mar 14, 2012$39.1M then
HNW client RAUM$47.4M as of Feb 9, 2026
Mar 2, 2018$21.5M then
State-registered IARs (5.B.3)3 as of Feb 9, 2026
Mar 15, 20132 then
Employees (5.A)3 as of Feb 9, 2026
Mar 15, 20132 then
Private funds1 as of Mar 11, 2016
Mar 14, 20121 then
RAUM +26% over the last fiscal year+11% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Feb 9, 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
$30.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
21derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$785,742derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
9.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+26%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, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, pension consultingreportedItem 5.G
Custody
$6.1M, 1 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$47.4M52%
  • Investment companies$28.0M30%
  • Individuals$8.3M9.0%
  • Charitable organizations$4.5M4.9%
  • Insurance companies$3.8M4.1%
Individual clients
36reported
HNW clients
28reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
117reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$6.1M for 1 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.61 fund_share=0.3 institutional_share=0.09 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
N•••••• G••••• M•••••••Certified Financial PlannerLa Jolla, CaNov 14, 200621 y1
A••••• Q••••• J••••••Chartered Financial AnalystLa Jolla, CaMar 9, 202135 y0
A••••• H•••••• J••••••La Jolla, CaJan 30, 202317 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 headcount0 left over 36 months
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
M••••••• P•••••••• L•no longer reportedHedge Fund$1.5M1Mar 14, 2012
Owners and control persons
Schedule A and B, latest filing
  • J••••••• A•••••• Q••••• · President & Ceocontrol
    since 08/2002 · owns 75% or more
  • M•••••••• N••••••• G••••• · Chief Operating Officer & Chief Compliance Officercontrol
    since 05/2006 · 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
La Jolla, Ca · principal300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • custody status changedChange between filings · filing Feb 9, 2026
    custody of client assets (Item 9.A): no on the filing of 2025-02-14, yes on the filing of 2026-02-09
    peers: independent wealth managers, under $100M (707)
What changed
consecutive filings, newest first
  • Accounts · 98 to 117
    Feb 14, 2025 to Feb 9, 2026
  • HNW clients · 23 to 28
    Feb 14, 2025 to Feb 9, 2026
  • Individual clients · 30 to 36
    Feb 14, 2025 to Feb 9, 2026
  • Assets in custody · unset to 6102577.0
    Feb 14, 2025 to Feb 9, 2026
  • Custody of client assets · false to true
    Feb 14, 2025 to Feb 9, 2026
  • Financial planning clients · 0 to
    Feb 14, 2025 to Feb 9, 2026
  • Discretionary RAUM · $73.2M to $91.9M
    Feb 14, 2025 to Feb 9, 2026
  • HNW RAUM · $33.9M to $47.4M
    Feb 14, 2025 to Feb 9, 2026
  • Individual RAUM · $6.0M to $8.3M
    Feb 14, 2025 to Feb 9, 2026
  • RAUM · $73.2M to $91.9M
    Feb 14, 2025 to Feb 9, 2026
  • Accounts · 78 to 98
    Feb 14, 2024 to Feb 14, 2025
  • HNW clients · 24 to 23
    Feb 14, 2024 to Feb 14, 2025
  • Individual clients · 21 to 30
    Feb 14, 2024 to Feb 14, 2025
  • Employees · 4 to 3
    Feb 14, 2024 to Feb 14, 2025
  • Financial planning clients · 0 to 0
    Feb 14, 2024 to Feb 14, 2025
  • Discretionary RAUM · $65.9M to $73.2M
    Feb 14, 2024 to Feb 14, 2025
  • HNW RAUM · $30.2M to $33.9M
    Feb 14, 2024 to Feb 14, 2025
  • Individual RAUM · $2.6M to $6.0M
    Feb 14, 2024 to Feb 14, 2025
  • RAUM · $65.9M to $73.2M
    Feb 14, 2024 to Feb 14, 2025
  • Accounts · 77 to 78
    May 9, 2023 to Feb 14, 2024
  • HNW clients · 21 to 24
    May 9, 2023 to Feb 14, 2024
  • Individual clients · 20 to 21
    May 9, 2023 to Feb 14, 2024
  • Pension plan clients · 5 to 0
    May 9, 2023 to Feb 14, 2024
  • Discretionary RAUM · $66.9M to $65.9M
    May 9, 2023 to Feb 14, 2024
  • HNW RAUM · $32.0M to $30.2M
    May 9, 2023 to Feb 14, 2024
  • Individual RAUM · $2.1M to $2.6M
    May 9, 2023 to Feb 14, 2024
  • Pension RAUM · $2.9M to $0
    May 9, 2023 to Feb 14, 2024
  • RAUM · $66.9M to $65.9M
    May 9, 2023 to Feb 14, 2024
  • Accounts · 78 to 77
    Oct 12, 2022 to Feb 1, 2023
  • Advisory employees · 2 to 3
    Oct 12, 2022 to Feb 1, 2023
  • HNW clients · 23 to 21
    Oct 12, 2022 to Feb 1, 2023
  • Individual clients · 18 to 20
    Oct 12, 2022 to Feb 1, 2023
  • Pension plan clients · 6 to 5
    Oct 12, 2022 to Feb 1, 2023
  • Employees · 3 to 4
    Oct 12, 2022 to Feb 1, 2023
  • State-registered IARs · 2 to 3
    Oct 12, 2022 to Feb 1, 2023
  • Discretionary RAUM · $69.8M to $66.9M
    Oct 12, 2022 to Feb 1, 2023
  • HNW RAUM · $32.3M to $32.0M
    Oct 12, 2022 to Feb 1, 2023
  • Individual RAUM · $2.1M to $2.1M
    Oct 12, 2022 to Feb 1, 2023
  • Pension RAUM · $4.8M to $2.9M
    Oct 12, 2022 to Feb 1, 2023
  • RAUM · $69.8M to $66.9M
    Oct 12, 2022 to Feb 1, 2023
Signals
No event on the tape.
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 phone
858-454-4837reportedpublished by the firm, firm site, Sep 16, 2026
Website
M•••••••.COMreportedpublic record, Form ADV, Sep 21, 2026
Principal office phone
858-454-4837reportedpublic record, Form ADV, Feb 9, 2026
Contact form
m•••••••.comreportedpublished by the firm, firm site, Sep 16, 2026
Team page
m•••••••.comreportedpublished 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
$30.6Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026