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

Iwp Wealth Management LLC

Former SEC-registered adviserDenver, ColoradoCRD 136314SEC 801-64549websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 29, 2012 · 22 filings
SEC status approved since Jul 20, 2005
RAUM
$4.3B
reported, Item 5.F
Discretionary
7.1%
of RAUM
Private clients
100%
$4.3B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
33
14 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$4.3B as of Mar 30, 2026
Mar 29, 2012$766M then
HNW client RAUM$4.3B as of Mar 30, 2026
Mar 30, 2018$1.7B then
State-registered IARs (5.B.3)14 as of Mar 30, 2026
Mar 29, 20120 then
Employees (5.A)33 as of Mar 30, 2026
Apr 2, 20137 then
Private funds1 as of Mar 31, 2021
Mar 30, 20191 then
RAUM +11% over the last fiscal year+5.9% a year over threeIARs 12 to 14
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
RAUM per advisor
$308MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
5derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$63.4MderivedHNW RAUM over HNW clients
Average account
$56.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
7.1%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.4derivedItem 5.A over advisors
Advisors per office
14.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+17%derivedItem 5.B.3 between annual amendments
Client growth, one year
+9.0%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$431M, 64 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$4.3B100%
  • Pooled investment vehicles$6.9M0.2%
  • Individuals$2.9M0.1%
Individual clients
5reported
HNW clients
68reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
77reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$431M for 64 clientsreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
14 left, 0 joined in 12 months
net -14 in 12 months14 left in 90 days0 joined in 90 days15 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Alexander Charles Willhoit · Presidentcontrol
      since 07/2005 · owns 50% to 75%
    • Lee Jerrel Armstrong · Director Of Investments
      since 04/2021 · owns 5% to 10%
    • Lynn Stephanie Bowers · Principal
      since 09/2011 · owns 5% to 10%
    • Paul Custer · Director Of Accounting
      since 01/2021 · owns less than 5%
    • Jon Christopher Hunter · Chief Compliance Officer
      since 01/2020 · owns 5% to 10%
    • Edwin Darryl Larue · Chief Operating Officer
      since 09/2018 · owns 5% to 10%
    • Michael Kevin Mccabe · Principal
      since 01/2012 · owns 5% to 10%
    • Jean Tamara Ward · Principal
      since 01/2011 · owns 5% to 10%
    Related persons
    Schedule D 7.A
    • Epic Funds
      investment adviserpooled vehicle sponsornRAUM $166M
    • Iwp Fund Management LLC
      pooled vehicle sponsory
    Advisers that list Iwp Wealth Management LLC as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Denver, Co · principal0014
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 71 to 77
      Oct 30, 2025 to Mar 30, 2026
    • Advisory employees · 11 to 14
      Oct 30, 2025 to Mar 30, 2026
    • HNW clients · 63 to 68
      Oct 30, 2025 to Mar 30, 2026
    • Individual clients · 4 to 5
      Oct 30, 2025 to Mar 30, 2026
    • Pooled vehicle clients · 4 to 3
      Oct 30, 2025 to Mar 30, 2026
    • Assets in custody · $333M to $431M
      Oct 30, 2025 to Mar 30, 2026
    • Employees · 31 to 33
      Oct 30, 2025 to Mar 30, 2026
    • State-registered IARs · 12 to 14
      Oct 30, 2025 to Mar 30, 2026
    • Discretionary RAUM · $260M to $308M
      Oct 30, 2025 to Mar 30, 2026
    • HNW RAUM · $3.9B to $4.3B
      Oct 30, 2025 to Mar 30, 2026
    • Individual RAUM · $2.2M to $2.9M
      Oct 30, 2025 to Mar 30, 2026
    • Non-discretionary RAUM · $3.6B to $4.0B
      Oct 30, 2025 to Mar 30, 2026
    • Pooled vehicle RAUM · $7.5M to $6.9M
      Oct 30, 2025 to Mar 30, 2026
    • RAUM · $3.9B to $4.3B
      Oct 30, 2025 to Mar 30, 2026
    • Accounts · 66 to 71
      Mar 28, 2024 to Mar 27, 2025
    • Advisory employees · 12 to 11
      Mar 28, 2024 to Mar 27, 2025
    • HNW clients · 58 to 63
      Mar 28, 2024 to Mar 27, 2025
    • Pooled vehicle clients · 3 to 4
      Mar 28, 2024 to Mar 27, 2025
    • Assets in custody · $270M to $333M
      Mar 28, 2024 to Mar 27, 2025
    • Employees · 28 to 31
      Mar 28, 2024 to Mar 27, 2025
    • Financial planning clients · 51-100 to 51-100
      Mar 28, 2024 to Mar 27, 2025
    • Discretionary RAUM · $218M to $260M
      Mar 28, 2024 to Mar 27, 2025
    • HNW RAUM · $3.6B to $3.9B
      Mar 28, 2024 to Mar 27, 2025
    • Individual RAUM · $1.7M to $2.2M
      Mar 28, 2024 to Mar 27, 2025
    • Non-discretionary RAUM · $3.4B to $3.6B
      Mar 28, 2024 to Mar 27, 2025
    • Pooled vehicle RAUM · $13.7M to $7.5M
      Mar 28, 2024 to Mar 27, 2025
    • RAUM · $3.6B to $3.9B
      Mar 28, 2024 to Mar 27, 2025
    • Accounts · 63 to 66
      May 22, 2023 to Mar 28, 2024
    • Advisory employees · 10 to 12
      May 22, 2023 to Mar 28, 2024
    • HNW clients · 55 to 58
      May 22, 2023 to Mar 28, 2024
    • Individual clients · 3 to 4
      May 22, 2023 to Mar 28, 2024
    • Pooled vehicle clients · 5 to 3
      May 22, 2023 to Mar 28, 2024
    • Assets in custody · $233M to $270M
      May 22, 2023 to Mar 28, 2024
    • Employees · 25 to 28
      May 22, 2023 to Mar 28, 2024
    • State-registered IARs · 10 to 12
      May 22, 2023 to Mar 28, 2024
    • Discretionary RAUM · $206M to $218M
      May 22, 2023 to Mar 28, 2024
    • HNW RAUM · $3.6B to $3.6B
      May 22, 2023 to Mar 28, 2024
    • Individual RAUM · $2.1M to $1.7M
      May 22, 2023 to Mar 28, 2024
    • Non-discretionary RAUM · $3.4B to $3.4B
      May 22, 2023 to Mar 28, 2024
    • Pooled vehicle RAUM · $15.5M to $13.7M
      May 22, 2023 to Mar 28, 2024
    Signals
    22 dated events
    • Iwp Wealth Management Llc no longer on the SEC adviser roster (last listed 2026-07-01, RAUM $4.3B)
      Aug 3, 2026 · Left the SEC roster · derived
    • Charles Alexander Willhoit left Iwp Wealth Management Llc for Matter Family Office (registered 2026-07-10)
      Jul 8, 2026 · Advisor changed firm · fact
    • Nicholas Holland Kral left Iwp Wealth Management Llc for Matter Family Office (registered 2026-07-10)
      Jul 8, 2026 · Advisor changed firm · fact
    • Jerrel Lee Armstrong left Iwp Wealth Management Llc for Matter Family Office (registered 2026-07-10)
      Jul 8, 2026 · Advisor changed firm · fact
    • Kevin Michael Mccabe left Iwp Wealth Management Llc for Matter Family Office (registered 2026-07-10)
      Jul 8, 2026 · Advisor changed firm · fact
    • Natasha Sophia Gunberg left Iwp Wealth Management Llc for Matter Family Office (registered 2026-07-13)
      Jul 8, 2026 · Advisor changed firm · fact
    • Andrew D Mcdonald left Iwp Wealth Management Llc for Matter Family Office (registered 2026-07-10)
      Jul 8, 2026 · Advisor changed firm · fact
    • Joshua Samuel Goldin left Iwp Wealth Management Llc for Matter Family Office (registered 2026-07-10)
      Jul 8, 2026 · Advisor changed firm · fact
    • Megan Mary Sandhagen left Iwp Wealth Management Llc for Matter Family Office (registered 2026-02-26)
      Jul 8, 2026 · Advisor changed firm · fact
    • Jackson Klutznick left Iwp Wealth Management Llc for Matter Family Office (registered 2026-07-10)
      Jul 8, 2026 · Advisor changed firm · fact
    • Lindsey Nicole Brown left Iwp Wealth Management Llc for Matter Family Office (registered 2026-07-10)
      Jul 8, 2026 · Advisor changed firm · fact
    • Tamara Jean Ward left Iwp Wealth Management Llc for Matter Family Office (registered 2026-07-13)
      Jul 8, 2026 · Advisor changed firm · fact
    • Shannon Mary Connor left Iwp Wealth Management Llc for Matter Family Office (registered 2026-07-10)
      Jul 8, 2026 · Advisor changed firm · fact
    • Stephanie Lynn Bowers left Iwp Wealth Management Llc for Matter Family Office (registered 2026-07-10)
      Jul 8, 2026 · Advisor changed firm · fact
    • Adrielle Lagda left Iwp Wealth Management Llc for Matter Family Office (registered 2026-02-18)
      Jul 8, 2026 · Advisor changed firm · fact
    • Iwp Wealth Management LLC's advisors moved to Matter Family Office (Denver, CO): 14 of 14 registered, on the same day
      Jul 8, 2026 · Firm absorbed (people side) · derived
    • Mikel Uribarren Ortiz left Iwp Wealth Management Llc for Cibc Private Wealth Advisors, Inc. (registered 2025-04-11)
      Mar 7, 2025 · Advisor changed firm · fact
    • Iwp Wealth Management Llc reported RAUM $3.6B, up 32% from $2.8B (2022-03-31 to 2023-03-28)
      Mar 28, 2023 · RAUM change · derived
    • Iwp Wealth Management Llc reported RAUM $2.8B, up 30% from $2.1B (2021-03-31 to 2022-03-31)
      Mar 31, 2022 · RAUM change · derived
    • George Christopher Dzurinko (Principal) no longer on Schedule A of Iwp Wealth Management Llc (listed 2021-03-31, absent 2022-03-31)
      Mar 31, 2022 · Control person left · inference
    • Edwin Darryl Larue (Chief Operating Officer) appeared on Schedule A of Iwp Wealth Management Llc
      Mar 30, 2019 · Control person joined · fact
    • Jon Christopher Hunter (Chief Legal Officer) appeared on Schedule A of Iwp Wealth Management Llc
      Mar 30, 2019 · Control person joined · fact
    Across DFX
    shared identifiers only, never a name match
    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
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026