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

Portfolio Design Advisors, Inc.

Former SEC-registered adviserEnglewood, ColoradoCRD 137789SEC 801-64971IAPD
Latest filing Mar 28, 2024
First filing on the tape Mar 14, 2012 · 32 filings
RAUM
$38.9M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$38.8M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$38.9M as of Mar 28, 2024
Mar 14, 2012$112M then
HNW client RAUM$0 as of Mar 28, 2024
Mar 28, 2018$0 then
State-registered IARs (5.B.3)4 as of Mar 28, 2024
Mar 27, 20134 then
Employees (5.A)4 as of Mar 28, 2024
Mar 27, 20134 then
Private funds: no history
RAUM -3.2% over the last fiscal year-11% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 28, 2024; every figure names its basis
RAUM per advisor
$9.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
39derivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$247,937derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-3.2%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-10%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Wrap fee program
$38.9MreportedItem 5.I
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)
  • 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$38.8M100%
  • Charitable organizations$168,2340.4%
Individual clients
156reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
157reported
Financial planning clients
n/areported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
Left, latest
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Allen Dean Rager · Presidentcontrol
    since 01/2014 · owns less than 5%
  • Lynn Jennifer Schuette · Chief Compliance Officer
    since 08/2012 · owns less than 5%
Entity owners
  • Gwm Holdings, Inc. · Stockholder
    direct · owns 75% or more
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Englewood, Co · principal000
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 160 to 157
    Nov 28, 2023 to Mar 28, 2024
  • Individual clients · 159 to 156
    Nov 28, 2023 to Mar 28, 2024
  • Discretionary RAUM · $38.4M to $38.9M
    Nov 28, 2023 to Mar 28, 2024
  • Individual RAUM · $38.3M to $38.8M
    Nov 28, 2023 to Mar 28, 2024
  • RAUM · $38.4M to $38.9M
    Nov 28, 2023 to Mar 28, 2024
  • Accounts · 165 to 160
    Aug 22, 2023 to Nov 28, 2023
  • Individual clients · 164 to 159
    Aug 22, 2023 to Nov 28, 2023
  • Discretionary RAUM · $40.4M to $38.4M
    Aug 22, 2023 to Nov 28, 2023
  • Individual RAUM · $40.3M to $38.3M
    Aug 22, 2023 to Nov 28, 2023
  • RAUM · $40.4M to $38.4M
    Aug 22, 2023 to Nov 28, 2023
  • Accounts · 175 to 165
    Mar 31, 2023 to Aug 22, 2023
  • Individual clients · 174 to 164
    Mar 31, 2023 to Aug 22, 2023
  • HQ city · CENTENNIAL to ENGLEWOOD
    Mar 31, 2023 to Aug 22, 2023
  • Discretionary RAUM · $40.2M to $40.4M
    Mar 31, 2023 to Aug 22, 2023
  • Individual RAUM · $40.1M to $40.3M
    Mar 31, 2023 to Aug 22, 2023
  • RAUM · $40.2M to $40.4M
    Mar 31, 2023 to Aug 22, 2023
  • Succession · true to false
    Mar 31, 2023 to Aug 22, 2023
  • Discretionary RAUM · $38.1M to $40.2M
    Nov 4, 2022 to Mar 31, 2023
  • Individual RAUM · $38.0M to $40.1M
    Nov 4, 2022 to Mar 31, 2023
  • RAUM · $38.1M to $40.2M
    Nov 4, 2022 to Mar 31, 2023
  • Succession · false to true
    Nov 4, 2022 to Mar 31, 2023
  • Accounts · 196 to 175
    Apr 1, 2022 to Nov 4, 2022
  • Advisory activities · 2 to 1
    Apr 1, 2022 to Nov 4, 2022
  • Individual clients · 195 to 174
    Apr 1, 2022 to Nov 4, 2022
  • Discretionary RAUM · $58.5M to $38.1M
    Apr 1, 2022 to Nov 4, 2022
  • Individual RAUM · $58.3M to $38.0M
    Apr 1, 2022 to Nov 4, 2022
  • RAUM · $58.5M to $38.1M
    Apr 1, 2022 to Nov 4, 2022
  • Wrap assets (manager) · $58.5M to $0
    Apr 1, 2022 to Nov 4, 2022
  • Wrap assets (sponsor) · $58.5M to $0
    Apr 1, 2022 to Nov 4, 2022
  • Advisory activities · 1 to 2
    Oct 8, 2021 to Apr 1, 2022
  • BD registered reps · 4 to 3
    Oct 8, 2021 to Apr 1, 2022
  • Discretionary RAUM · $60.0M to $58.5M
    Oct 8, 2021 to Apr 1, 2022
  • Individual RAUM · $59.8M to $58.3M
    Oct 8, 2021 to Apr 1, 2022
  • RAUM · $60.0M to $58.5M
    Oct 8, 2021 to Apr 1, 2022
  • Wrap assets (manager) · $60.0M to $58.5M
    Oct 8, 2021 to Apr 1, 2022
  • Wrap assets (sponsor) · $60.0M to $58.5M
    Oct 8, 2021 to Apr 1, 2022
  • Accounts · 202 to 196
    Mar 31, 2021 to Oct 8, 2021
  • Individual clients · 201 to 195
    Mar 31, 2021 to Oct 8, 2021
  • Discretionary RAUM · $54.9M to $60.0M
    Mar 31, 2021 to Oct 8, 2021
  • Individual RAUM · $54.8M to $59.8M
    Mar 31, 2021 to Oct 8, 2021
Signals
5 dated events
  • Paul Thomas Knipping left Portfolio Design Advisors, Inc. for Lido (registered 2024-12-02)
    Jul 2, 2024 · Advisor changed firm · fact
  • Wesley Lee Strode no longer registered at Portfolio Design Advisors, Inc.; no later IA registration on IAPD
    Jul 2, 2024 · Advisor departure · fact
  • Dean Allen Rager no longer registered at Portfolio Design Advisors, Inc.; no later IA registration on IAPD
    Jul 2, 2024 · Advisor departure · fact
  • Portfolio Design Advisors, Inc. reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Mar 31, 2023 · Succession (Item 4) · fact
  • Rhine Russell Diachok (Shareholder) no longer on Schedule A of Portfolio Design Advisors, Inc. (listed 2020-07-27, absent 2021-03-31)
    Mar 31, 2021 · Control person left · inference
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
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