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.

SEC-registered adviser

Snowball Wealth Management

Independent wealth managerBoulder, ColoradoCRD 137419SEC 801-130346websiteIAPD
Legal name Tnl Asset Management LLC
Latest filing Feb 27, 2026
First filing on the tape Apr 24, 2024 · 4 filings
SEC status approved since May 24, 2024
RAUM
$139M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$138M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$139M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
4 filings and snapshots on the tape
RAUM$139M as of Feb 27, 2026
Feb 13, 2025$131M then
HNW client RAUM$64.0M as of Feb 27, 2026
Feb 13, 2025$65.6M then
State-registered IARs (5.B.3)3 as of Feb 27, 2026
Feb 13, 20253 then
Employees (5.A)4 as of Feb 27, 2026
Feb 13, 20254 then
Private funds: no history
RAUM +6.7% over the last fiscal yearIARs 3 to 3
Practice profile
derived from the filing of Feb 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$139MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
162derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$849,415derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.0derivedItem 5.A over advisors
Advisors per office
0.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+6.7%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+13%derived
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$73.9M53%
  • High-net-worth individuals$64.0M46%
  • Charitable organizations$1.1M0.8%
  • Corporations and businesses$267,0000.2%
Individual clients
135reported
HNW clients
27reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
164reported
Financial planning clients
1-10reported
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
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Todd Nichols LeborCertified Financial PlannerBoulder, Co Oct 13, 200523 y0
Advisor movement
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 200% of current headcount2 left over 36 months
Left, latest
Joined, latest
none on the tape
    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
      • Nichols Todd Lebor · Ceo/Ccocontrol
        since 09/2005 · owns 75% or more
      Related persons
      Schedule D 7.A
      • Lebor Holdings, Ltd
        investment companyy
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Phoenix, Az0021
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 145 to 164
        Feb 13, 2025 to Feb 27, 2026
      • Corporate clients · 0 to 1
        Feb 13, 2025 to Feb 27, 2026
      • HNW clients · 29 to 27
        Feb 13, 2025 to Feb 27, 2026
      • Individual clients · 115 to 135
        Feb 13, 2025 to Feb 27, 2026
      • Financial planning clients · 101-250 to 1-10
        Feb 13, 2025 to Feb 27, 2026
      • Discretionary RAUM · $131M to $139M
        Feb 13, 2025 to Feb 27, 2026
      • HNW RAUM · $65.6M to $64.0M
        Feb 13, 2025 to Feb 27, 2026
      • Individual RAUM · $63.9M to $73.9M
        Feb 13, 2025 to Feb 27, 2026
      • RAUM · $131M to $139M
        Feb 13, 2025 to Feb 27, 2026
      • Accounts · 349 to 145
        Nov 6, 2024 to Feb 13, 2025
      • HNW clients · 32 to 29
        Nov 6, 2024 to Feb 13, 2025
      • Individual clients · 109 to 115
        Nov 6, 2024 to Feb 13, 2025
      • Financial planning clients · 0 to 101-250
        Nov 6, 2024 to Feb 13, 2025
      • Discretionary RAUM · $124M to $131M
        Nov 6, 2024 to Feb 13, 2025
      • HNW RAUM · $64.0M to $65.6M
        Nov 6, 2024 to Feb 13, 2025
      • Individual RAUM · $58.5M to $63.9M
        Nov 6, 2024 to Feb 13, 2025
      • RAUM · $124M to $131M
        Nov 6, 2024 to Feb 13, 2025
      Signals
      4 dated events
      • Kevin Paul Haggerty left Snowball Wealth Management for Evolution Vision Wealth Management (registered 2026-03-27)
        Mar 27, 2026 · Advisor changed firm · fact
      • Daniel Thomas Mccaslin left Snowball Wealth Management for Evolution Vision Wealth Management (registered 2026-03-27)
        Mar 27, 2026 · Advisor changed firm · fact
      • 2 advisors left Snowball Wealth Management (Phoenix, AZ) for Evolution Vision Wealth Management on the same day
        Mar 27, 2026 · Team lift-out · derived
      • Snowball Wealth Management filed its initial SEC registration (Form ADV)
        Apr 24, 2024 · 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
      SNOWBALLWM.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      303-666-6292reportedpublic record, Form ADV, Feb 27, 2026
      Contact form
      snowballwm.com/connect/teamreportedpublished by the firm, firm site, Sep 16, 2026
      Team page
      snowballwm.com/connect/teamreportedpublished by the firm, firm site, Sep 16, 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
      $139Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026