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
B••••••••• F•••••••• A•••••••• L••
Latest filing Feb 9, 2026
First filing on the tape Mar 30, 2012 · 23 filings
SEC status approved since Mar 28, 2014
RAUM
$284M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$280M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$94.8M
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
23 filings and snapshots on the tape
RAUM$284M as of Feb 9, 2026
Apr 2, 2012$74.8M then
HNW client RAUM$280M as of Feb 9, 2026
Mar 29, 2018$149M then
State-registered IARs (5.B.3)3 as of Feb 9, 2026
Apr 2, 20120 then
Employees (5.A)3 as of Feb 9, 2026
Mar 23, 20153 then
Private funds: no history
RAUM +21% over the last fiscal year+13% 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
- 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
- $94.8MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $5.8MderivedHNW RAUM over HNW clients
- Average account
- $882,907derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 1.4%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
- +21%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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$280M99%
- Charitable organizations$4.1M1.4%
- Individual clients
- n/areported
- HNW clients
- 48reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 322reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| R•••••• T••••• | San Francisco, Ca | Feb 26, 2020 | 12 y | 0 |
| M••• M••• B•••••••••Certified Financial Planner | San Francisco, Ca | Apr 23, 2025 | 24 y | 0 |
| M•••••• J•••• J••••••Certified Financial Planner, Chartered Financial Analyst | San Francisco, Ca | Feb 5, 2026 | 20 y | 0 |
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
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- B••••••••• M•••• M••• · Managing Member And Chief Compliance Officercontrolsince 02/2003 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| San Francisco, Ca · principal | 3 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 316 to 322Jan 31, 2025 to Feb 9, 2026
- HNW clients · 45 to 48Jan 31, 2025 to Feb 9, 2026
- Discretionary RAUM · $236M to $284MJan 31, 2025 to Feb 9, 2026
- HNW RAUM · $232M to $280MJan 31, 2025 to Feb 9, 2026
- RAUM · $236M to $284MJan 31, 2025 to Feb 9, 2026
- Accounts · 310 to 316Feb 15, 2024 to Jan 31, 2025
- Financial planning clients · 26-50 to 26-50Feb 15, 2024 to Jan 31, 2025
- Discretionary RAUM · $215M to $236MFeb 15, 2024 to Jan 31, 2025
- HNW RAUM · $212M to $232MFeb 15, 2024 to Jan 31, 2025
- RAUM · $215M to $236MFeb 15, 2024 to Jan 31, 2025
- Accounts · 311 to 310Feb 15, 2023 to Feb 15, 2024
- HNW clients · 44 to 45Feb 15, 2023 to Feb 15, 2024
- Individual clients · 2.0 to unsetFeb 15, 2023 to Feb 15, 2024
- Discretionary RAUM · $197M to $215MFeb 15, 2023 to Feb 15, 2024
- HNW RAUM · $191M to $212MFeb 15, 2023 to Feb 15, 2024
- Individual RAUM · 325387.0 to unsetFeb 15, 2023 to Feb 15, 2024
- Pension RAUM · 2374785.0 to unsetFeb 15, 2023 to Feb 15, 2024
- RAUM · $197M to $215MFeb 15, 2023 to Feb 15, 2024
- Accounts · 310 to 311Apr 30, 2022 to Feb 15, 2023
- HNW clients · 48 to 44Apr 30, 2022 to Feb 15, 2023
- Individual clients · unset to 2.0Apr 30, 2022 to Feb 15, 2023
- Discretionary RAUM · $216M to $197MApr 30, 2022 to Feb 15, 2023
- HNW RAUM · $209M to $191MApr 30, 2022 to Feb 15, 2023
- Individual RAUM · unset to 325387.0Apr 30, 2022 to Feb 15, 2023
- Pension RAUM · $3.2M to $2.4MApr 30, 2022 to Feb 15, 2023
- RAUM · $216M to $197MApr 30, 2022 to Feb 15, 2023
- Accounts · 262 to 310Jan 21, 2021 to Mar 28, 2022
- Advisory activities · 2 to 3Jan 21, 2021 to Mar 28, 2022
- HNW clients · 42 to 48Jan 21, 2021 to Mar 28, 2022
- Discretionary RAUM · $181M to $216MJan 21, 2021 to Mar 28, 2022
- HNW RAUM · $175M to $209MJan 21, 2021 to Mar 28, 2022
- Pension RAUM · $2.4M to $3.2MJan 21, 2021 to Mar 28, 2022
- RAUM · $181M to $216MJan 21, 2021 to Mar 28, 2022
- Accounts · 269 to 262Jun 28, 2020 to Jan 20, 2021
- Advisory employees · 2 to 3Jun 28, 2020 to Jan 20, 2021
- HNW clients · 41 to 42Jun 28, 2020 to Jan 20, 2021
- Discretionary RAUM · $157M to $181MJun 28, 2020 to Jan 20, 2021
- HNW RAUM · $151M to $175MJun 28, 2020 to Jan 20, 2021
- Pension RAUM · $1.8M to $2.4MJun 28, 2020 to Jan 20, 2021
- RAUM · $157M to $181MJun 28, 2020 to Jan 20, 2021
Signals
2 dated events
- B••••••••• F•••••••• A•••••••• L•• filed its initial SEC registration (Form ADV)Mar 19, 2014 · First SEC registration · fact
- B••••••••• F•••••••• A••••••• reported succeeding to the business of Another Adviser (Form ADV Item 4)Mar 30, 2012 · Succession (Item 4) · 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
- benningfieldadvisors.comreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 415-561-6688reportedpublic record, Form ADV, Feb 9, 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
- $94.8Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026