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

A•••• W•••••

Independent wealth managerBethesda, MarylandCRD 134429SEC 801-64004websiteIAPD
Legal name A•••• W••••• M••••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Dec 6, 2011 · 29 filings
SEC status approved since Feb 28, 2005
RAUM
$744M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$744M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$149M
derived; firm RAUM over IAPD count
Employees
6
6 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$744M as of Mar 31, 2026
Mar 20, 2012$429M then
HNW client RAUM$732M as of Mar 31, 2026
Mar 28, 2018$491M then
State-registered IARs (5.B.3)6 as of Mar 31, 2026
Mar 20, 20120 then
Employees (5.A)6 as of Mar 31, 2026
Mar 28, 20137 then
Private funds: no history
RAUM +5.1% over the last fiscal year+7.3% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
$149MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
25derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$7.2MderivedHNW RAUM over HNW clients
Average account
$1.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
1.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+5.1%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.7%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Custody
$459M, 103 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$732M98%
  • Individuals$11.2M1.5%
  • Charitable organizations$606,5170.1%
Individual clients
21reported
HNW clients
102reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
516reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$459M for 103 clientsreported
Compensation
% of AUM, fixedreported
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
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
V••••• M••••••• R••Bethesda, MdMar 2, 200524 y1
E•• H•• K••Certified Financial PlannerVienna, Va Mar 2, 200525 y1
M•••••• A••• T••••••Certified Financial PlannerBethesda, MdJan 1, 202512 y0
A••••• T••••• M•••••••••Certified Financial PlannerBethesda, MdJan 1, 202524 y0
J••• M•••• H•••Bethesda, MdSep 3, 202619 y0
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
  • K••• E••• H•• · Membercontrol
    since 04/2005 · owns 25% to 50%
  • M•••••• P•••• A•••• · Member/Chief Compliance Officercontrol
    since 07/2005 · owns 25% to 50%
  • R••• V•••••• M••••••• · Membercontrol
    since 04/2005 · owns 25% to 50%
  • H•••• J•••• M•••• · Member
    since 01/2020 · owns less than 5%
  • T••••••• M••••••• A••• · Member
    since 01/2020 · owns less than 5%
Related persons
Schedule D 7.A
  • E•• H•• K••
    insurancey
  • P••• A•••• M•••••
    y
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Bethesda, Md · principal510
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • compensation changedChange between filings · filing Mar 31, 2026
    hourly charges (Item 5.E.2): yes on the filing of 2025-03-31, no on the filing of 2026-03-31
    peers: independent wealth managers, $500M to $1B (1,482)
What changed
consecutive filings, newest first
  • Accounts · 525 to 516
    Mar 31, 2025 to Mar 31, 2026
  • Advisory activities · 5 to 4
    Mar 31, 2025 to Mar 31, 2026
  • HNW clients · 101 to 102
    Mar 31, 2025 to Mar 31, 2026
  • Individual clients · 20 to 21
    Mar 31, 2025 to Mar 31, 2026
  • Assets in custody · $432M to $459M
    Mar 31, 2025 to Mar 31, 2026
  • Discretionary RAUM · $708M to $744M
    Mar 31, 2025 to Mar 31, 2026
  • HNW RAUM · $697M to $732M
    Mar 31, 2025 to Mar 31, 2026
  • Individual RAUM · $10.7M to $11.2M
    Mar 31, 2025 to Mar 31, 2026
  • RAUM · $708M to $744M
    Mar 31, 2025 to Mar 31, 2026
  • Accounts · 498 to 525
    Mar 29, 2024 to Mar 31, 2025
  • HNW clients · 112 to 101
    Mar 29, 2024 to Mar 31, 2025
  • Individual clients · 24 to 20
    Mar 29, 2024 to Mar 31, 2025
  • Assets in custody · $5.9M to $432M
    Mar 29, 2024 to Mar 31, 2025
  • Financial planning clients · 51-100 to 51-100
    Mar 29, 2024 to Mar 31, 2025
  • Discretionary RAUM · $699M to $708M
    Mar 29, 2024 to Mar 31, 2025
  • HNW RAUM · $688M to $697M
    Mar 29, 2024 to Mar 31, 2025
  • Individual RAUM · $10.1M to $10.7M
    Mar 29, 2024 to Mar 31, 2025
  • RAUM · $699M to $708M
    Mar 29, 2024 to Mar 31, 2025
  • Accounts · 480 to 498
    Feb 5, 2024 to Mar 29, 2024
  • HNW clients · 107 to 112
    Feb 5, 2024 to Mar 29, 2024
  • Individual clients · 23 to 24
    Feb 5, 2024 to Mar 29, 2024
  • Assets in custody · $7.0M to $5.9M
    Feb 5, 2024 to Mar 29, 2024
  • Discretionary RAUM · $603M to $699M
    Feb 5, 2024 to Mar 29, 2024
  • HNW RAUM · $594M to $688M
    Feb 5, 2024 to Mar 29, 2024
  • Individual RAUM · $8.7M to $10.1M
    Feb 5, 2024 to Mar 29, 2024
  • RAUM · $603M to $699M
    Feb 5, 2024 to Mar 29, 2024
  • Accounts · 479 to 480
    Mar 21, 2023 to Mar 31, 2023
  • Charity clients · 2.0 to unset
    Mar 21, 2023 to Mar 31, 2023
  • Corporate clients · 0.0 to unset
    Mar 21, 2023 to Mar 31, 2023
  • HNW clients · 92 to 107
    Mar 21, 2023 to Mar 31, 2023
  • Individual clients · 14 to 23
    Mar 21, 2023 to Mar 31, 2023
  • Pension plan clients · 0.0 to unset
    Mar 21, 2023 to Mar 31, 2023
  • Pooled vehicle clients · 0.0 to unset
    Mar 21, 2023 to Mar 31, 2023
  • Assets in custody · $6.3M to $7.0M
    Mar 21, 2023 to Mar 31, 2023
  • Employees · 8 to 6
    Mar 21, 2023 to Mar 31, 2023
  • Discretionary RAUM · $658M to $603M
    Mar 21, 2023 to Mar 31, 2023
  • HNW RAUM · $645M to $594M
    Mar 21, 2023 to Mar 31, 2023
  • Individual RAUM · $14.2M to $8.7M
    Mar 21, 2023 to Mar 31, 2023
  • Non-discretionary RAUM · $1.8M to $0
    Mar 21, 2023 to Mar 31, 2023
  • Pension RAUM · 0.0 to unset
    Mar 21, 2023 to Mar 31, 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
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
301-664-2313reportedpublic record, Form ADV, Mar 31, 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
$149Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026