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
Tlc Group Investment Advisors, LLC
Latest filing Mar 16, 2026
First filing on the tape Feb 16, 2012 · 12 filings
SEC status approved since Oct 22, 2021
RAUM
$168M
reported, Item 5.F
Discretionary
69%
of RAUM
Private clients
66%
$112M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$84.2M
derived; firm RAUM over IAPD count
Employees
6
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$168M as of Mar 16, 2026
Feb 16, 2012$77.1M then
HNW client RAUM$63.7M as of Mar 16, 2026
Mar 28, 2022$29.9M then
State-registered IARs (5.B.3)2 as of Mar 16, 2026
Feb 16, 20120 then
Employees (5.A)6 as of Mar 16, 2026
Mar 28, 20226 then
Private funds: no history
RAUM +15% over the last fiscal year+14% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 16, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- 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
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $84.2MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 93derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.4MderivedHNW RAUM over HNW clients
- Average account
- $446,558derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 69%derivedof RAUM
- Institutional
- 34%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +15%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -5.1%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $7.6M, 4 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
- 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- 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$63.7M38%
- Pension and profit-sharing plans$55.8M33%
- Individuals$48.1M29%
- Charitable organizations$735,5960.4%
- Corporations and businesses$160.0%
- Individual clients
- 159reported
- HNW clients
- 27reported
- Pension plan clients
- 19reported
- Charitable clients
- n/areported
- Accounts
- 377reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $7.6M for 4 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.66 fund_share=0.0 institutional_share=0.34 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Mary Magdalene Chuhinka Kurtz | State College, Pa | Mar 2, 2006 | 35 y | 0 |
| John Eric Arrington | State College, Pa | Jan 9, 2017 | 26 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
- Eric John Arrington · Chief Compliance Officercontrolsince 08/2021 · owns less than 5%
- Magdalene Mary Chuhinka Kurtz · Managing Membercontrolsince 03/2006 · owns less than 5%
- Magdalene Mary Chuhinka Kurtz · Ownercontrolsince 01/2013 · owns 75% or more of Leeward Wealth, Inc.
Entity owners
- Leeward Wealth, Inc. · Ownerdirect · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Advisers that list Tlc Group Investment Advisors, LLC as a related person
- 38751 n
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| State College, Pa · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- custody status changedChange between filings · filing Mar 16, 2026custody of client assets (Item 9.A): no on the filing of 2025-03-12, yes on the filing of 2026-03-16peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
- Accounts · 348 to 377Mar 12, 2025 to Mar 16, 2026
- HNW clients · 20 to 27Mar 12, 2025 to Mar 16, 2026
- Individual clients · 176 to 159Mar 12, 2025 to Mar 16, 2026
- Assets in custody · $7.0M to $7.6MMar 12, 2025 to Mar 16, 2026
- Custody of client assets · false to trueMar 12, 2025 to Mar 16, 2026
- Discretionary RAUM · $98.7M to $117MMar 12, 2025 to Mar 16, 2026
- HNW RAUM · $48.3M to $63.7MMar 12, 2025 to Mar 16, 2026
- Individual RAUM · $46.0M to $48.1MMar 12, 2025 to Mar 16, 2026
- Non-discretionary RAUM · $48.3M to $51.6MMar 12, 2025 to Mar 16, 2026
- Pension RAUM · $52.0M to $55.8MMar 12, 2025 to Mar 16, 2026
- RAUM · $147M to $168MMar 12, 2025 to Mar 16, 2026
- Accounts · 342 to 348Mar 21, 2024 to Mar 12, 2025
- HNW clients · 16 to 20Mar 21, 2024 to Mar 12, 2025
- Individual clients · 180 to 176Mar 21, 2024 to Mar 12, 2025
- Pension plan clients · 20 to 19Mar 21, 2024 to Mar 12, 2025
- Assets in custody · $6.7M to $7.0MMar 21, 2024 to Mar 12, 2025
- Financial planning clients · unset to Mar 21, 2024 to Mar 12, 2025
- Discretionary RAUM · $88.5M to $98.7MMar 21, 2024 to Mar 12, 2025
- HNW RAUM · $38.5M to $48.3MMar 21, 2024 to Mar 12, 2025
- Individual RAUM · $43.2M to $46.0MMar 21, 2024 to Mar 12, 2025
- Non-discretionary RAUM · $47.1M to $48.3MMar 21, 2024 to Mar 12, 2025
- Pension RAUM · $53.2M to $52.0MMar 21, 2024 to Mar 12, 2025
- RAUM · $136M to $147MMar 21, 2024 to Mar 12, 2025
- Accounts · 339 to 342Mar 21, 2023 to Mar 21, 2024
- Advisory employees · 3 to 2Mar 21, 2023 to Mar 21, 2024
- HNW clients · 14 to 16Mar 21, 2023 to Mar 21, 2024
- Individual clients · 179 to 180Mar 21, 2023 to Mar 21, 2024
- Pension plan clients · 21 to 20Mar 21, 2023 to Mar 21, 2024
- Assets in custody · $6.6M to $6.7MMar 21, 2023 to Mar 21, 2024
- Custody of client assets · true to falseMar 21, 2023 to Mar 21, 2024
- State-registered IARs · 3 to 2Mar 21, 2023 to Mar 21, 2024
- Discretionary RAUM · $72.5M to $88.5MMar 21, 2023 to Mar 21, 2024
- HNW RAUM · $30.0M to $38.5MMar 21, 2023 to Mar 21, 2024
- Individual RAUM · $37.8M to $43.2MMar 21, 2023 to Mar 21, 2024
- Non-discretionary RAUM · $42.6M to $47.1MMar 21, 2023 to Mar 21, 2024
- Pension RAUM · $46.5M to $53.2MMar 21, 2023 to Mar 21, 2024
- RAUM · $115M to $136MMar 21, 2023 to Mar 21, 2024
- Accounts · 295 to 339Mar 28, 2022 to Mar 21, 2023
- HNW clients · 13 to 14Mar 28, 2022 to Mar 21, 2023
- Individual clients · 167 to 179Mar 28, 2022 to Mar 21, 2023
Signals
4 dated events
- Alan Bruce Lingenfelter (Managing Member) no longer on Schedule A of Tlc Group Investment Advisors, Llc (listed 2012-06-06, absent 2021-09-23)Sep 23, 2021 · Control person left · inference
- Rose Cynthia Spicer (Chief Compliance Officer) no longer on Schedule A of Tlc Group Investment Advisors, Llc (listed 2012-06-06, absent 2021-09-23)Sep 23, 2021 · Control person left · inference
- Eric John Arrington (Chief Compliance Officer) appeared on Schedule A of Tlc Group Investment Advisors, LlcSep 23, 2021 · Control person joined · fact
- Tlc Group Investment Advisors, Llc filed its initial SEC registration (Form ADV)Sep 23, 2021 · 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
- Business phone
- 814-231-2233reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 814-231-2265reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- TLCGROUPADVISORS.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 814-231-2265reportedpublic record, Form ADV, Mar 16, 2026
- Contact form
- TLCGROUPADVISORS.COM/contactreportedpublished by the firm, firm site, Sep 16, 2026
- Team page
- TLCGROUPADVISORS.COM/our-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
- $84.2Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026