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

Level Four Advisory Services

Broker-dealer affiliated wealth managerDallas, TexasCRD 134086SEC 801-66368websiteIAPD
Legal name Level Four Advisory Services, LLC
Latest filing Sep 11, 2026
First filing on the tape Dec 6, 2011 · 81 filings
SEC status approved since Mar 3, 2006
RAUM
$6.5B
reported, Item 5.F
Discretionary
90%
of RAUM
Private clients
73%
$4.8B individuals and HNW
Advisors
144
registered through the firm on IAPD
RAUM per advisor
$45.4M
derived; firm RAUM over IAPD count
Employees
136
119 advisory (5.B.1)
Offices
70
beyond the principal office
Private funds
0
reported on Schedule D
History
81 filings and snapshots on the tape
RAUM$6.5B as of Jul 16, 2026
Jan 18, 2012$130M then
HNW client RAUM$3.2B as of Jul 16, 2026
Mar 29, 2018$629M then
State-registered IARs (5.B.3)136 as of Jul 16, 2026
Jan 18, 201331 then
Employees (5.A)136 as of Jul 16, 2026
Jan 18, 201337 then
Private funds: no history
RAUM +23% over the last fiscal year+21% a year over threeIARs 132 to 136
Practice profile
derived from the filing of Sep 11, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$45.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
104derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$631,964derivedHNW RAUM over HNW clients
Average account
$416,234derivedRAUM over accounts (5.F.2.f)
Discretionary
90%derivedof RAUM
Institutional
23%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
0.9derivedItem 5.A over advisors
Advisors per office
2.0derived71 offices incl. principal (1.F.5)
RAUM growth, one year
+23%derivedbetween the last two annual amendments
Advisor growth, one year
+3.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+7.9%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminarsreportedItem 5.G
Wrap fee program
$13BreportedItem 5.I
Custody
$176M, 82 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$3.2B49%
  • Individuals$1.6B24%
  • Pension and profit-sharing plans$1.4B22%
  • Corporations and businesses$283M4.3%
  • Charitable organizations$56.5M0.9%
Individual clients
9,889reported
HNW clients
5,075reported
Pension plan clients
537reported
Charitable clients
67reported
Accounts
15,720reported
Financial planning clients
101-250reported
Wrap fee programs
$6.4B sponsored, $0 managedreported
Custody of client assets
$176M for 82 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.73 fund_share=0.0 institutional_share=0.23 related_bd=true related_bank=false bd_reps=116.0derived
Advisors registered through the firm
145 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Chad Jeffrey PerryAustin, Tx Jun 12, 200820 y1
David Barnett ByrnesDallas, TxAug 5, 200826 y2
Claudia Ann MartinDallas, TxSep 3, 200928 y1
Joshua Lee HamptonCertified Financial PlannerDallas, Tx May 24, 201214 y0
Cynthia Rozann Manning-BrownWaxahachie, Tx Jul 9, 201232 y0
Craig Steven BlakeDallas, Tx May 14, 201329 y2
Lal Ellison EchterhoffChartered Financial AnalystDallas, TxJun 24, 201334 y1
Jeffrey Michael SchlichtCertified Financial PlannerDallas, Tx Jan 29, 201422 y1
Matthew James SchererCertified Financial PlannerDallas, Tx Jan 29, 201421 y1
Gary Walter SchmidtDallas, Tx Jan 31, 201419 y1
Michael Jerome MckersieCertified Financial PlannerDallas, Tx Apr 4, 201429 y3
Alan Ray TiptonDallas, Tx May 13, 201433 y2
Charles Raymond ShimerChartered Financial AnalystGreenville, Nc Feb 9, 201523 y2
Mary Elizabeth SargentWilson, Nc Sep 8, 201522 y1
Wilbur Spear HembyCertified Financial PlannerLa Grange, Nc Sep 8, 201531 y3
Robert Harrison EvansGreenville, Nc Oct 5, 201512 y2
Frank B MartinCertified Financial PlannerPanama City Beach, Fl Feb 12, 201624 y2
Arthur Lee SmithChartered Financial ConsultantShreveport, La Jul 1, 201623 y3
Robert Luke BrittDallas, TxAug 29, 201617 y1
Terry Lavern ThompkinsCertified Financial PlannerDallas, TxDec 6, 201629 y3
Todd BulotDallas, Tx Apr 13, 201711 y1
Matthew Ray RogersChartered Financial ConsultantDallas, Tx May 9, 201720 y1
Scott Christopher ProctorStuart, Fl Aug 31, 201713 y1
Randy R. MooreheadWilson, NcSep 27, 201825 y2
Frank Joseph MaldonadoDallas, Tx Nov 2, 201811 y2
Marshall Charles BarclayCertified Financial PlannerEl Paso, TxNov 12, 201820 y2
Jill Marie ZachaDallas, Tx May 8, 201930 y3
Daniel Isaias RodriguezTallahassee, FlDec 13, 201918 y1
Bradley Allen WheelerDallas, Tx Jan 9, 202026 y0
Bruce Alan LeffingwellDallas, Tx Feb 4, 202132 y0
Brian Richard ClauerDallas, Tx Mar 5, 202130 y2
Kimberly Kay MillerDallas, TxMar 10, 202121 y4
Amanda Lynn MitchumNacogdoches, TxApr 12, 202111 y4
John Lemuel JohnsonCertified Financial PlannerPanama City, Fl May 20, 202134 y1
Marc Scott WhiteheadDallas, Tx Jul 29, 202128 y0
Kevin Scott WelchDallas, TxAug 5, 202131 y2
Vannessa Quinn MarleyDallas, TxSep 8, 202110 y1
Julie Mccombs BlalockDallas, TxDec 21, 202135 y4
Louis Charles BrunoDallas, TxDec 21, 202134 y1
Angela Marie TaccoFort Worth, Tx Dec 21, 202115 y1
All 145 advisors at Level Four Advisory Services
Advisor movement
8 left, 10 joined in 12 months
net +2 in 12 months1 left in 90 days3 joined in 90 daysdeparture rate 5.6% of current headcount21 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Brent George Morton · Chief Operating Officercontrol
    since 11/2014 · owns less than 5%
  • Jacob Edmon Tomes · Elected Manager, President And Chief Executive Officercontrol
    since 01/2005 · owns less than 5%
  • Britt Woods · President - Level Four Group, LLCcontrol
    since 08/2026 · owns less than 5%
  • Marie Jill Zacha · Chief Compliance Officer, Corporate Counselcontrol
    since 07/2019 · owns less than 5%
Entity owners
  • Level Four Group, LLC · Member
    direct · owns 75% or more
  • Carr, Riggs & Ingram Capital, L.L.C. · Member
    indirect · owns 75% or more of Level Four Group, LLC
  • Ccp Feeder I-Cri, LLC · Limited Partner
    indirect · owns 25% to 50% of Ccp V Aiv I, L.P.
  • Ccp V Aiv Holdings - Cri, L.P. · Member
    indirect · owns 75% or more of Ccp Feeder I-Cri, LLC
  • Ccp V Aiv I, L.P. · Limited Partner
    indirect · owns 75% or more of Ccp V Cri Aggregator L.P.
  • Ccp V Cri Aggregator L.P. · Member
    indirect · owns 25% to 50% of Cri Advisors, LLC
  • Cri Advisors, LLC · Member
    indirect · owns 75% or more of Cri Group, LLC
  • Cri Group, LLC · Member
    indirect · owns 75% or more of Carr, Riggs & Ingram Capital, L.L.C.
Related persons
Schedule D 7.A
Advisers that list Level Four Advisory Services as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Dallas, Tx · principal1101041
Atlanta, Ga600
Roanoke, Va610
Bloomfield Hills, Mi510
Raleigh, Nc510
Great Neck, Ny400
Shakopee, Mn402
Miami, Fl300
Minnetonka, Mn300
Mobile, Al300
Pinehurst, Nc300
Williamsburg, Va300
Wilson, Nc310
Sarasota, Fl200
Shreveport, La200
El Paso, Tx200
Fort Worth, Tx200
La Grange, Nc200
Dothan, Al210
Greenville, Nc200
Offices
Schedule D 1.F, the 25 largest
  • Dallas, TX6 employees
  • Shakopee, MN5 employees
  • Stuart, FL4 employees
  • Roanoke, VA4 employees
  • Gadsden, AL4 employees
  • Great Neck, NY3 employees
  • Bradenton, FL3 employees
  • El Paso, TX3 employees
  • Pinehurst, NC3 employees
  • Atlanta, GA3 employees
  • Bowling Green, KY3 employees
  • Goldsboro, NC3 employees
  • Minnetonka, MN3 employees
  • Raleigh, NC2 employees
  • Williamsburg, VA2 employees
  • Greenville, NC2 employees
  • Culpeper, VA2 employees
  • Shreveport, LA2 employees
  • Mobile, AL2 employees
  • Brewton, AL1 employees
  • Tallahassee, FL1 employees
  • Lindsay, OK1 employees
  • Harrisonburg, VA1 employees
  • Panama City, FL1 employees
  • Sarasota, FL1 employees
ADV anomalies
4 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Sep 11, 2026
    WOODS, BRITT (PRESIDENT - LEVEL FOUR GROUP, LLC) appeared on Schedule A between the filings of 2024-12-16 and 2026-09-11
    peers: affiliated wealth managers, $5B to $20B (53)
  • control person changedChange between filings · filing Sep 11, 2026
    TOMES, EDMON, JACOB (ELECTED MANAGER, PRESIDENT AND CHIEF EXECUTIVE OFFICER) left Schedule A between the filings of 2024-12-16 and 2026-09-11
    peers: affiliated wealth managers, $5B to $20B (53)
  • control person changedChange between filings · filing Sep 11, 2026
    MORTON, GEORGE, BRENT (CHIEF OPERATING OFFICER) left Schedule A between the filings of 2024-12-16 and 2026-09-11
    peers: affiliated wealth managers, $5B to $20B (53)
  • HNW share shiftChange between filings · filing Mar 30, 2026
    HNW share of RAUM moved from 32.0% to 49.0% between the annual amendments of 2025-03-27 and 2026-03-30
    peers: affiliated wealth managers, $5B to $20B (53)
What changed
consecutive filings, newest first
  • Financial planning clients · 101-250 to 101-250
    Jul 16, 2026 to Sep 11, 2026
  • Succession · false to unset
    Jul 16, 2026 to Sep 11, 2026
  • Accounts · 14,510 to 15,720
    Dec 19, 2025 to Mar 30, 2026
  • Advisory employees · 115 to 119
    Dec 19, 2025 to Mar 30, 2026
  • BD registered reps · 79 to 116
    Dec 19, 2025 to Mar 30, 2026
  • Charity clients · 46 to 67
    Dec 19, 2025 to Mar 30, 2026
  • Corporate clients · 168 to 152
    Dec 19, 2025 to Mar 30, 2026
  • HNW clients · 1,642 to 5,075
    Dec 19, 2025 to Mar 30, 2026
  • Individual clients · 12,223 to 9,889
    Dec 19, 2025 to Mar 30, 2026
  • Pension plan clients · 428 to 537
    Dec 19, 2025 to Mar 30, 2026
  • Assets in custody · $86.7M to $176M
    Dec 19, 2025 to Mar 30, 2026
  • Employees · 132 to 136
    Dec 19, 2025 to Mar 30, 2026
  • State-registered IARs · 132 to 136
    Dec 19, 2025 to Mar 30, 2026
  • Discretionary RAUM · $4.8B to $5.9B
    Dec 19, 2025 to Mar 30, 2026
  • HNW RAUM · $1.7B to $3.2B
    Dec 19, 2025 to Mar 30, 2026
  • Individual RAUM · $2.3B to $1.6B
    Dec 19, 2025 to Mar 30, 2026
  • Non-discretionary RAUM · $547M to $660M
    Dec 19, 2025 to Mar 30, 2026
  • Pension RAUM · $1.1B to $1.4B
    Dec 19, 2025 to Mar 30, 2026
  • RAUM · $5.3B to $6.5B
    Dec 19, 2025 to Mar 30, 2026
  • Wrap assets (sponsor) · $5.0B to $6.4B
    Dec 19, 2025 to Mar 30, 2026
  • Accounts · 11,667 to 14,510
    Dec 16, 2024 to Mar 27, 2025
  • Advisory employees · 120 to 115
    Dec 16, 2024 to Mar 27, 2025
  • BD registered reps · 121 to 79
    Dec 16, 2024 to Mar 27, 2025
  • Charity clients · 34 to 46
    Dec 16, 2024 to Mar 27, 2025
  • Corporate clients · 58 to 168
    Dec 16, 2024 to Mar 27, 2025
  • HNW clients · 607 to 1,642
    Dec 16, 2024 to Mar 27, 2025
  • Individual clients · 6,368 to 12,223
    Dec 16, 2024 to Mar 27, 2025
  • Pension plan clients · 398 to 428
    Dec 16, 2024 to Mar 27, 2025
  • Assets in custody · $47.6M to $86.7M
    Dec 16, 2024 to Mar 27, 2025
  • Employees · 148 to 132
    Dec 16, 2024 to Mar 27, 2025
  • Insurance-licensed employees · 10 to 9
    Dec 16, 2024 to Mar 27, 2025
  • Financial planning clients · 101-250 to 101-250
    Dec 16, 2024 to Mar 27, 2025
  • State-registered IARs · 143 to 132
    Dec 16, 2024 to Mar 27, 2025
  • Discretionary RAUM · $3.6B to $4.8B
    Dec 16, 2024 to Mar 27, 2025
  • HNW RAUM · $1.8B to $1.7B
    Dec 16, 2024 to Mar 27, 2025
  • Individual RAUM · $1.6B to $2.3B
    Dec 16, 2024 to Mar 27, 2025
  • Non-discretionary RAUM · $758M to $547M
    Dec 16, 2024 to Mar 27, 2025
  • Pension RAUM · $848M to $1.1B
    Dec 16, 2024 to Mar 27, 2025
  • RAUM · $4.3B to $5.3B
    Dec 16, 2024 to Mar 27, 2025
  • Wrap assets (sponsor) · $3.1B to $5.0B
    Dec 16, 2024 to Mar 27, 2025
Signals
49 dated events
  • Irwin Barry Hyman no longer holds an investment adviser registration (last listed at Level Four Advisory Services on the 2026-09-14 feed)
    Sep 14, 2026 · Advisor registration ended · derived
  • Emily Frances Jones registered as an investment adviser representative at Level Four Advisory Services
    Sep 14, 2026 · Advisor registered · fact
  • 2 advisors left Cetera Investment Advisers LLC (Bedford, TX) for Level Four Advisory Services a day apart
    Jul 21, 2026 · Team lift-out · derived
  • Frances A Robinson-Bidwell left Level Four Advisory Services for Pelican Investment Advisors, Llc (registered 2026-07-01)
    Jun 24, 2026 · Advisor changed firm · fact
  • Kristy Hillukka left Level Four Advisory Services for Thrivent Investment Management Inc. (registered 2026-04-10)
    Apr 8, 2026 · Advisor changed firm · fact
  • Jason Paul Inman left Level Four Advisory Services for Signal Advisors Wealth, Llc (registered 2026-03-11)
    Mar 11, 2026 · Advisor changed firm · fact
  • Jason Ashley Doise left Level Four Advisory Services for Signal Advisors Wealth, Llc (registered 2026-03-11)
    Mar 11, 2026 · Advisor changed firm · fact
  • 2 advisors left Level Four Advisory Services (Dallas, TX) for Signal Advisors Wealth, LLC on the same day
    Mar 11, 2026 · Team lift-out · derived
  • Raymond Albert Panquerne left Level Four Advisory Services for Signal Advisors Wealth, Llc (registered 2026-03-09)
    Mar 9, 2026 · Advisor changed firm · fact
  • John Kenneth Bruno left Level Four Advisory Services for J. W. Cole Advisors, Inc. (registered 2026-06-16)
    Mar 3, 2026 · Advisor changed firm · fact
  • Britt Woods left Level Four Advisory Services for Pnc Wealth Management (registered 2026-02-13)
    Feb 5, 2026 · Advisor changed firm · fact
  • 2 advisors left Holdun Family Office LLC (Miami, FL) for Level Four Advisory Services on the same day
    Jan 22, 2026 · Team lift-out · derived
  • Bennett Carter Kerfeld left Level Four Advisory Services for Newedge Advisors (registered 2025-12-02)
    Nov 14, 2025 · Advisor changed firm · fact
  • Deneen Marie Morgia left Level Four Advisory Services for Edward Jones (registered 2025-08-26)
    Aug 22, 2025 · Advisor changed firm · fact
  • Matthew King Estes left Level Four Advisory Services for Naviter Wealth, Llc (registered 2025-11-03)
    Apr 8, 2025 · Advisor changed firm · fact
  • Stacey Lynn Lavender left Level Four Advisory Services for G. A. Repple & Company (registered 2024-08-26)
    Feb 28, 2025 · Advisor changed firm · fact
  • John Douglas Mcdaniels left Level Four Advisory Services for Global Retirement Partners Llc (registered 2025-09-23)
    Dec 31, 2024 · Advisor changed firm · fact
  • Eric Ralph Van Buskirk left Level Four Advisory Services for Raymond James Financial Services Advisors, Inc (registered 2024-12-03)
    Dec 3, 2024 · Advisor changed firm · fact
  • Jeremiah Robert Clarke left Level Four Advisory Services for Raymond James Financial Services Advisors, Inc (registered 2024-12-03)
    Dec 3, 2024 · Advisor changed firm · fact
  • Russell Roy Franques left Level Four Advisory Services for Titleist Asset Management, Llc (registered 2024-12-02)
    Dec 2, 2024 · Advisor changed firm · fact
  • Robert Arthur Oliver Anderson left Level Four Advisory Services for Commonwealth Financial Network (registered 2024-10-30)
    Oct 29, 2024 · Advisor changed firm · fact
  • Thadius Beavers left Level Four Advisory Services for M Holdings Securities, Inc. (registered 2024-07-23)
    Jul 19, 2024 · Advisor changed firm · fact
  • 3 advisors left Raymond James Financial Services Advisors, Inc (Bloomfield Hills, MI) for Level Four Advisory Services within 2 days
    Apr 2, 2024 · Team lift-out · derived
  • Angela L Burns left Level Four Advisory Services for Lpl Financial Llc (registered 2024-11-05)
    Feb 5, 2024 · Advisor changed firm · fact
  • Lacey E Buteyn left Level Four Advisory Services for Kingswood Wealth Advisors, Llc (registered 2024-01-02)
    Nov 14, 2023 · Advisor changed firm · fact
  • Kevin Dale Counts left Level Four Advisory Services for Lpl Financial Llc (registered 2023-11-09)
    Oct 31, 2023 · Advisor changed firm · fact
  • Michael Gerard Hickey left Level Four Advisory Services for Regal Advisory Services, Inc. (registered 2023-10-26)
    Oct 26, 2023 · Advisor changed firm · fact
  • Paul Lawrence Sterzinger left Level Four Advisory Services for Kingswood Wealth Advisors, Llc (registered 2024-01-17)
    Jun 30, 2023 · Advisor changed firm · fact
  • Ryan Raphael left Level Four Advisory Services for Arcadia Wealth Management, Llc (registered 2023-07-14)
    Jun 15, 2023 · Advisor changed firm · fact
  • 5 advisors left Thrivent Investment Management Inc. (Shakopee, MN) for Level Four Advisory Services on the same day
    May 3, 2023 · Team lift-out · 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
Website
levelfourgroup.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
972-665-0878reportedpublic record, Form ADV, Sep 11, 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
Broker-dealer affiliated wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$45.4Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026