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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Former SEC-registered adviser

S••••••• F•••••••• P••••••• L••

Former SEC-registered adviserDavis, CaliforniaCRD 137885SEC 801-113617IAPD
Latest filing Apr 25, 2023
First filing on the tape Jun 15, 2018 · 10 filings
RAUM
$189M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
98%
$186M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$189M as of Mar 29, 2023
Mar 28, 2019$128M then
HNW client RAUM$136M as of Mar 29, 2023
Mar 28, 2019$87.9M then
State-registered IARs (5.B.3)3 as of Mar 29, 2023
Mar 28, 20194 then
Employees (5.A)7 as of Mar 29, 2023
Mar 28, 20197 then
Private funds: no history
RAUM +0.9% over the last fiscal year+7.5% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Apr 25, 2023; every figure names its basis
RAUM per advisor
$62.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
57derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.1MderivedHNW RAUM over HNW clients
Average account
$352,429derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
1.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.3derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+0.9%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.6%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, educational seminarsreportedItem 5.G
Custody
$166M, 158 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)
  • 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)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$136M72%
  • Individuals$49.3M26%
  • Pension and profit-sharing plans$2.4M1.3%
  • Charitable organizations$643,5650.3%
Individual clients
107reported
HNW clients
64reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
535reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$166M for 158 clientsreported
Compensation
% of AUM, fixed, hourlyreported
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • M••••••••• P•••• A••• · President & Chief Compliance Officercontrol
    since 11/2005 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Davis, Ca · principal000
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 506 to 535
    Mar 28, 2022 to Mar 29, 2023
  • HNW clients · 52 to 64
    Mar 28, 2022 to Mar 29, 2023
  • Individual clients · 113 to 107
    Mar 28, 2022 to Mar 29, 2023
  • Assets in custody · $170M to $166M
    Mar 28, 2022 to Mar 29, 2023
  • Discretionary RAUM · $184M to $186M
    Mar 28, 2022 to Mar 29, 2023
  • HNW RAUM · $115M to $136M
    Mar 28, 2022 to Mar 29, 2023
  • Individual RAUM · $68.7M to $49.3M
    Mar 28, 2022 to Mar 29, 2023
  • Non-discretionary RAUM · $2.5M to $2.4M
    Mar 28, 2022 to Mar 29, 2023
  • Pension RAUM · $2.5M to $2.4M
    Mar 28, 2022 to Mar 29, 2023
  • RAUM · $187M to $189M
    Mar 28, 2022 to Mar 29, 2023
  • Accounts · 471 to 506
    Mar 17, 2021 to Mar 28, 2022
  • HNW clients · 50 to 52
    Mar 17, 2021 to Mar 28, 2022
  • Individual clients · 104 to 113
    Mar 17, 2021 to Mar 28, 2022
  • Assets in custody · $125M to $170M
    Mar 17, 2021 to Mar 28, 2022
  • Discretionary RAUM · $166M to $184M
    Mar 17, 2021 to Mar 28, 2022
  • HNW RAUM · $111M to $115M
    Mar 17, 2021 to Mar 28, 2022
  • Individual RAUM · $54.0M to $68.7M
    Mar 17, 2021 to Mar 28, 2022
  • Non-discretionary RAUM · $2.1M to $2.5M
    Mar 17, 2021 to Mar 28, 2022
  • Pension RAUM · $2.1M to $2.5M
    Mar 17, 2021 to Mar 28, 2022
  • RAUM · $168M to $187M
    Mar 17, 2021 to Mar 28, 2022
  • Accounts · 490 to 471
    Jun 30, 2020 to Mar 17, 2021
  • HNW clients · 58 to 50
    Jun 30, 2020 to Mar 17, 2021
  • Individual clients · 102 to 104
    Jun 30, 2020 to Mar 17, 2021
  • Assets in custody · $131M to $125M
    Jun 30, 2020 to Mar 17, 2021
  • Employees · 5 to 7
    Jun 30, 2020 to Mar 17, 2021
  • State-registered IARs · 4 to 3
    Jun 30, 2020 to Mar 17, 2021
  • Discretionary RAUM · $150M to $166M
    Jun 30, 2020 to Mar 17, 2021
  • HNW RAUM · $105M to $111M
    Jun 30, 2020 to Mar 17, 2021
  • Individual RAUM · $44.8M to $54.0M
    Jun 30, 2020 to Mar 17, 2021
  • Non-discretionary RAUM · $1.6M to $2.1M
    Jun 30, 2020 to Mar 17, 2021
  • Pension RAUM · $1.6M to $2.1M
    Jun 30, 2020 to Mar 17, 2021
  • RAUM · $152M to $168M
    Jun 30, 2020 to Mar 17, 2021
  • Employees · 7 to 5
    Mar 28, 2019 to Mar 26, 2020
  • Accounts · 433 to 490
    Mar 28, 2019 to Mar 26, 2020
  • Advisory employees · 4 to 3
    Mar 28, 2019 to Mar 26, 2020
  • HNW clients · 55 to 58
    Mar 28, 2019 to Mar 26, 2020
  • Individual clients · 91 to 102
    Mar 28, 2019 to Mar 26, 2020
  • Assets in custody · $112M to $131M
    Mar 28, 2019 to Mar 26, 2020
  • Insurance-licensed employees · 1 to 0
    Mar 28, 2019 to Mar 26, 2020
  • Financial planning clients · 101-250 to 251-500
    Mar 28, 2019 to Mar 26, 2020
Signals
2 dated events
  • T••••• A••• R••• left S••••••• F•••••••• P••••••• L•• for P••• F•••••••• A•••••••• L•• (registered 2024-09-16)
    Mar 25, 2024 · Advisor changed firm · fact
  • S••••••• F•••••••• P••••••• L•• filed its initial SEC registration (Form ADV)
    Jun 15, 2018 · 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.
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