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

N•••••• W••••• A•••••••• I•••

Independent wealth managerN•••••• Beach, CaliforniaCRD 137159SEC 801-130464websiteIAPD
Latest filing Apr 6, 2026
First filing on the tape May 14, 2024 · 5 filings
SEC status approved since Jun 13, 2024
RAUM
$263M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$263M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$43.8M
derived; firm RAUM over IAPD count
Employees
8
6 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$263M as of Apr 6, 2026
Mar 28, 2025$193M then
HNW client RAUM$72.2M as of Apr 6, 2026
Mar 28, 2025$53.1M then
State-registered IARs (5.B.3)5 as of Apr 6, 2026
Mar 28, 20255 then
Employees (5.A)8 as of Apr 6, 2026
Mar 28, 20256 then
Private funds: no history
RAUM +36% over the last fiscal yearIARs 5 to 5
Practice profile
derived from the filing of Apr 6, 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)
  • i••••••••• 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
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$43.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
199derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.2MderivedHNW RAUM over HNW clients
Average account
$220,092derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
2.0derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+36%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.1%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, educational seminarsreportedItem 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
  • is a broker-dealer (6.A.1)
  • is an insurance broker or agent (6.A.6)
  • 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
  • Individuals$190M72%
  • High-net-worth individuals$72.2M28%
Individual clients
1,133reported
HNW clients
60reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,193reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=5.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
L••••••• M•••••• D•••••N•••••• Beach, CaJan 9, 201824 y5
S•••• J••••• K••• M••••••N•••••• Beach, CaJan 9, 201824 y7
M•••••• S•••• S••••N•••••• Beach, CaJan 9, 201816 y2
D•••• H••••• H••••N•••••• Beach, CaAug 30, 201919 y4
M••• T•••••• G•••••N•••••• Beach, CaDec 5, 202241 y2
B•••••• M•••••• W••••Certified Financial PlannerLa Mesa, Ca Jan 1, 202514 y0
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
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • D•••••• L•••••••• M•••••• · Cco / Ceocontrol
    since 08/2010 · owns 50% to 75%
  • M••••••• S••••• J••••• K••• · Cfocontrol
    since 08/2010 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
N•••••• Beach, Ca · principal600
Offices
Schedule D 1.F, the 25 largest
  • San Diego, CA3 employees
  • San Marcos, CA3 employees
ADV anomalies
5 against comparable advisers; where to look, not conclusions
  • custody status changedChange between filings · filing Apr 6, 2026
    custody of client assets (Item 9.A): yes on the filing of 2025-09-25, no on the filing of 2026-04-06
    peers: WEALTH_I•••••••••, $100M to $500M (5,676)
  • RAUM up 25 %Change between filings · filing Apr 6, 2026
    RAUM (Item 5.F) moved from $193,260,000 to $262,570,000 (+36.0%) between the annual amendments of 2025-03-28 and 2026-04-06; the peer median change was +15.0% (4550 comparable advisers, 91.0th percentile of changes)
    peers: WEALTH_I•••••••••, $100M to $500M (4,550) · 91% percentile
  • business activity changedChange between filings · filing Apr 6, 2026
    selection of other advisers (Item 5.G.7): yes on the filing of 2025-09-25, no on the filing of 2026-04-06
    peers: WEALTH_I•••••••••, $100M to $500M (5,676)
  • compensation changedChange between filings · filing Apr 6, 2026
    commissions (Item 5.E.5): yes on the filing of 2025-09-25, no on the filing of 2026-04-06
    peers: WEALTH_I•••••••••, $100M to $500M (5,676)
  • compensation changedChange between filings · filing Apr 6, 2026
    hourly charges (Item 5.E.2): yes on the filing of 2025-09-25, no on the filing of 2026-04-06
    peers: WEALTH_I•••••••••, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 1,124 to 1,193
    Sep 25, 2025 to Apr 6, 2026
  • Advisory activities · 5 to 3
    Sep 25, 2025 to Apr 6, 2026
  • HNW clients · 45 to 60
    Sep 25, 2025 to Apr 6, 2026
  • Individual clients · 1,079 to 1,133
    Sep 25, 2025 to Apr 6, 2026
  • Commission compensation · true to false
    Sep 25, 2025 to Apr 6, 2026
  • Assets in custody · 143055997.0 to unset
    Sep 25, 2025 to Apr 6, 2026
  • Custody of client assets · true to false
    Sep 25, 2025 to Apr 6, 2026
  • Employees · 6 to 8
    Sep 25, 2025 to Apr 6, 2026
  • Discretionary RAUM · $193M to $263M
    Sep 25, 2025 to Apr 6, 2026
  • HNW RAUM · $53.1M to $72.2M
    Sep 25, 2025 to Apr 6, 2026
  • Individual RAUM · $140M to $190M
    Sep 25, 2025 to Apr 6, 2026
  • RAUM · $193M to $263M
    Sep 25, 2025 to Apr 6, 2026
  • Accounts · 943 to 1,124
    May 17, 2024 to Mar 28, 2025
  • Advisory employees · 7 to 6
    May 17, 2024 to Mar 28, 2025
  • BD registered reps · 7 to 5
    May 17, 2024 to Mar 28, 2025
  • HNW clients · 50 to 45
    May 17, 2024 to Mar 28, 2025
  • Individual clients · 1,088 to 1,079
    May 17, 2024 to Mar 28, 2025
  • Assets in custody · $86.7M to $143M
    May 17, 2024 to Mar 28, 2025
  • Employees · 7 to 6
    May 17, 2024 to Mar 28, 2025
  • Financial planning clients · 26-50 to 26-50
    May 17, 2024 to Mar 28, 2025
  • State-registered IARs · 7 to 5
    May 17, 2024 to Mar 28, 2025
  • Discretionary RAUM · $140M to $193M
    May 17, 2024 to Mar 28, 2025
  • HNW RAUM · $113M to $53.1M
    May 17, 2024 to Mar 28, 2025
  • Individual RAUM · $27.5M to $140M
    May 17, 2024 to Mar 28, 2025
  • RAUM · $140M to $193M
    May 17, 2024 to Mar 28, 2025
Signals
2 dated events
  • N•••••• W••••• A•••••••• I••• filed its initial SEC registration (Form ADV)
    May 14, 2024 · First SEC registration · fact
  • S•••• G•••• E•••••• left N•••••• W••••• A•••••••• I••• for C•••••••• F••••••••• I••• (registered 2022-12-21)
    Mar 29, 2024 · Advisor changed firm · 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
Business email
vhernandez@newportwealthadvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
cmcclure@newportwealthadvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
newportwealthadvisors@newportwealthadvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
760-210-7006reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
760-621-7006reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
877-692-7227reportedpublished by the firm, firm site, Sep 15, 2026
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(877) 692-7227reportedpublic record, Form ADV, Apr 6, 2026
Contact form
newportwealthadvisors.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
t••• profile url
newportwealthadvisors.com/meet-the-teamreportedpublished by the firm, firm site, Sep 15, 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
$43.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026