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.

Former SEC-registered adviser

Adams Financial Concepts, LLC

Former SEC-registered adviserSeattle, WashingtonCRD 134545SEC 801-122916IAPD
Latest filing Aug 13, 2024
First filing on the tape Nov 19, 2021 · 10 filings
RAUM
$60.4M
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
93%
$55.9M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$60.4M
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$60.4M as of Mar 15, 2024
Mar 25, 2022$100.0M then
HNW client RAUM$50.3M as of Mar 15, 2024
Mar 25, 2022$86.7M then
State-registered IARs (5.B.3)2 as of Mar 15, 2024
Mar 25, 20223 then
Employees (5.A)4 as of Mar 15, 2024
Mar 25, 20226 then
Private funds: no history
RAUM +20% over the last fiscal yearIARs 2 to 2
Practice profile
derived from the filing of Aug 13, 2024; every figure names its basis
RAUM per advisor
$60.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
162derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$426,034derivedHNW RAUM over HNW clients
Average account
$355,450derivedRAUM over accounts (5.F.2.f)
Discretionary
95%derivedof RAUM
Institutional
7.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+20%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.8%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$50.3M83%
  • Individuals$5.6M9.3%
  • Pension and profit-sharing plans$4.5M7.5%
Individual clients
44reported
HNW clients
118reported
Pension plan clients
4reported
Charitable clients
0reported
Accounts
170reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Alexander Michael AdamsSeattle, WaAug 5, 200540 y2
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Michael Alexander Adams · Managing Member, Chief Compliance Officercontrol
    since 12/2004 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Seattle, Wa · principal100
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 161 to 170
    Mar 23, 2023 to Mar 15, 2024
  • HNW clients · 105 to 118
    Mar 23, 2023 to Mar 15, 2024
  • Individual clients · 51 to 44
    Mar 23, 2023 to Mar 15, 2024
  • Pension plan clients · 3 to 4
    Mar 23, 2023 to Mar 15, 2024
  • Discretionary RAUM · $48.0M to $57.4M
    Mar 23, 2023 to Mar 15, 2024
  • HNW RAUM · $38.3M to $50.3M
    Mar 23, 2023 to Mar 15, 2024
  • Individual RAUM · $8.1M to $5.6M
    Mar 23, 2023 to Mar 15, 2024
  • Non-discretionary RAUM · $2.2M to $3.1M
    Mar 23, 2023 to Mar 15, 2024
  • Pension RAUM · $3.8M to $4.5M
    Mar 23, 2023 to Mar 15, 2024
  • RAUM · $50.2M to $60.4M
    Mar 23, 2023 to Mar 15, 2024
  • Accounts · 165 to 161
    Mar 25, 2022 to Mar 23, 2023
  • Advisory employees · 3 to 2
    Mar 25, 2022 to Mar 23, 2023
  • HNW clients · 107 to 105
    Mar 25, 2022 to Mar 23, 2023
  • Individual clients · 55 to 51
    Mar 25, 2022 to Mar 23, 2023
  • Employees · 6 to 4
    Mar 25, 2022 to Mar 23, 2023
  • Insurance-licensed employees · 2 to 1
    Mar 25, 2022 to Mar 23, 2023
  • State-registered IARs · 3 to 2
    Mar 25, 2022 to Mar 23, 2023
  • Discretionary RAUM · $97.5M to $48.0M
    Mar 25, 2022 to Mar 23, 2023
  • HNW RAUM · $86.7M to $38.3M
    Mar 25, 2022 to Mar 23, 2023
  • Non-discretionary RAUM · $2.4M to $2.2M
    Mar 25, 2022 to Mar 23, 2023
  • Pension RAUM · $5.1M to $3.8M
    Mar 25, 2022 to Mar 23, 2023
  • RAUM · $100.0M to $50.2M
    Mar 25, 2022 to Mar 23, 2023
  • Accounts · 159 to 165
    Dec 21, 2021 to Mar 25, 2022
  • Advisory employees · 4 to 3
    Dec 21, 2021 to Mar 25, 2022
  • HNW clients · 103 to 107
    Dec 21, 2021 to Mar 25, 2022
  • Individual clients · 53 to 55
    Dec 21, 2021 to Mar 25, 2022
  • Employees · 7 to 6
    Dec 21, 2021 to Mar 25, 2022
  • Insurance-licensed employees · 3 to 2
    Dec 21, 2021 to Mar 25, 2022
  • State-registered IARs · 4 to 3
    Dec 21, 2021 to Mar 25, 2022
  • Discretionary RAUM · $100M to $97.5M
    Dec 21, 2021 to Mar 25, 2022
  • HNW RAUM · $87.9M to $86.7M
    Dec 21, 2021 to Mar 25, 2022
  • Individual RAUM · $9.3M to $8.1M
    Dec 21, 2021 to Mar 25, 2022
  • Non-discretionary RAUM · $2.5M to $2.4M
    Dec 21, 2021 to Mar 25, 2022
  • Pension RAUM · $5.6M to $5.1M
    Dec 21, 2021 to Mar 25, 2022
  • RAUM · $103M to $100.0M
    Dec 21, 2021 to Mar 25, 2022
Signals
3 dated events
  • Albert Daniel Souza left Adams Financial Concepts, Llc for Compass Financial Management Llc (registered 2025-07-18)
    Sep 4, 2025 · Advisor changed firm · fact
  • Jensen Reagan Weynands left Adams Financial Concepts, Llc for Ubs Financial Services Inc. (registered 2022-06-15)
    Aug 30, 2022 · Advisor changed firm · fact
  • Adams Financial Concepts, Llc filed its initial SEC registration (Form ADV)
    Nov 19, 2021 · 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
Website
ADAMSFINANCIALCONCEPTS.COMreportedpublic record, Form ADV, Sep 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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
$60.4Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026