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
Shankland Financial Advisors, LLC
Latest filing Aug 20, 2026
First filing on the tape May 24, 2024 · 9 filings
SEC status approved since Apr 1, 2025
RAUM
$102M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$102M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$102M
derived; firm RAUM over IAPD count
Employees
2
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$102M as of Aug 20, 2026
Mar 31, 2025$118M then
HNW client RAUM$61.7M as of Aug 20, 2026
Mar 31, 2025$66.5M then
State-registered IARs (5.B.3)1 as of Aug 20, 2026
Mar 31, 20255 then
Employees (5.A)2 as of Aug 20, 2026
Mar 31, 20256 then
Private funds: no history
RAUM -14% over the last fiscal yearIARs 5 to 1offices 1 to 0
Practice profile
derived from the filing of Aug 20, 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $102MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 486derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.1MderivedHNW RAUM over HNW clients
- Average account
- $209,099derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -25%derivedbetween the last two annual amendments
- Advisor growth, one year
- -80%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -34%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- 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
- 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
- High-net-worth individuals$61.7M61%
- Individuals$40.1M39%
- Individual clients
- 431reported
- HNW clients
- 55reported
- Pension plan clients
- 0reported
- Charitable clients
- n/areported
- Accounts
- 487reported
- Financial planning clients
- reported
- 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=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Daryl Burnett Shankland | Flat Rock, Nc | Mar 3, 2006 | 44 y | 2 |
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 headcount4 left over 36 months
Left, latest
- Paul Brian Mayes to Veritas Investment Advisory Group LLCAug 13, 2025 · RIA to a state-registered adviser
- James Harvey Beatty to Brookstone Wealth Advisors, LLCJun 13, 2025 · Other
- Rebecca Beatty to Brookstone Wealth Advisors, LLCMay 23, 2025 · Other
- John Alden Burnett to Brookstone Wealth Advisors, LLCMay 15, 2025 · Other
- Eric Rogers Gaddy to Alphastar Capital ManagementApr 15, 2021 · RIA to RIA
- Debra Jeanne Carmody to Alphastar Capital ManagementSep 24, 2020 · RIA to RIA
Joined, latest
- Eric Rogers Gaddy from Integrated Financial Strategies, LLCSep 16, 2019 · RIA to RIA
- Debra Jeanne Carmody from Integrated Financial Strategies, LLCSep 13, 2019 · RIA to RIA
- Daryl Burnett Shankland from Blackbay Capital Advisors LLCMar 3, 2006 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Brookstone Wealth Advisors, LLCMay 15, 2025 · Flat Rock, Nc
- 2 joined from Integrated Financial Strategies, LLCSep 5, 2019 · Fort Lauderdale, Fl
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Burnett Daryl Shankland · Managing Member/Ccocontrolsince 01/2006 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Flat Rock, Nc | 1 | 0 | 0 | ||
| Springfield, Il | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- , 2 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- advisor count dropChange between filings · filing Mar 12, 2026advisory representatives (Item 5.B.3) moved from 5.0 to 1.0 (-80.0%) between the annual amendments of 2025-03-31 and 2026-03-12; the peer median change was 0.0% (965 comparable advisers, 1.0th percentile of changes)peers: independent wealth managers, $100M to $500M (965) · 0.6% percentile
- RAUM down 25 %Change between filings · filing Mar 12, 2026RAUM (Item 5.F) moved from $118,257,401 to $88,241,872 (-25.0%) between the annual amendments of 2025-03-31 and 2026-03-12; the peer median change was +15.0% (4551 comparable advisers, 2.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,551) · 1.5% percentile
What changed
consecutive filings, newest first
- Accounts · 308 to 487Mar 12, 2026 to Aug 20, 2026
- HNW clients · 38 to 55Mar 12, 2026 to Aug 20, 2026
- Individual clients · 270 to 431Mar 12, 2026 to Aug 20, 2026
- Discretionary RAUM · $88.2M to $102MMar 12, 2026 to Aug 20, 2026
- HNW RAUM · $48.8M to $61.7MMar 12, 2026 to Aug 20, 2026
- Individual RAUM · $39.4M to $40.1MMar 12, 2026 to Aug 20, 2026
- RAUM · $88.2M to $102MMar 12, 2026 to Aug 20, 2026
- Accounts · 553 to 308Aug 22, 2025 to Mar 12, 2026
- Advisory activities · 4 to 2Aug 22, 2025 to Mar 12, 2026
- HNW clients · 50 to 38Aug 22, 2025 to Mar 12, 2026
- Individual clients · 287 to 270Aug 22, 2025 to Mar 12, 2026
- Pension plan clients · unset to 0.0Aug 22, 2025 to Mar 12, 2026
- Pooled vehicle clients · unset to 0.0Aug 22, 2025 to Mar 12, 2026
- Financial planning clients · 51-100 to Aug 22, 2025 to Mar 12, 2026
- Discretionary RAUM · $97.7M to $88.2MAug 22, 2025 to Mar 12, 2026
- HNW RAUM · $57.8M to $48.8MAug 22, 2025 to Mar 12, 2026
- Individual RAUM · $39.9M to $39.4MAug 22, 2025 to Mar 12, 2026
- Pension RAUM · unset to 0.0Aug 22, 2025 to Mar 12, 2026
- Pooled vehicle RAUM · unset to 0.0Aug 22, 2025 to Mar 12, 2026
- RAUM · $97.7M to $88.2MAug 22, 2025 to Mar 12, 2026
- Accounts · 736 to 553Jun 6, 2025 to Aug 22, 2025
- Advisory employees · 3 to 1Jun 6, 2025 to Aug 22, 2025
- HNW clients · 59 to 50Jun 6, 2025 to Aug 22, 2025
- Individual clients · 677 to 287Jun 6, 2025 to Aug 22, 2025
- Employees · 5 to 2Jun 6, 2025 to Aug 22, 2025
- HQ city · HENDERSONVILLE to Jun 6, 2025 to Aug 22, 2025
- HQ state · NC to Jun 6, 2025 to Aug 22, 2025
- State-registered IARs · 4 to 1Jun 6, 2025 to Aug 22, 2025
- Other offices · 1 to 0Jun 6, 2025 to Aug 22, 2025
- Discretionary RAUM · $124M to $97.7MJun 6, 2025 to Aug 22, 2025
- HNW RAUM · $70.3M to $57.8MJun 6, 2025 to Aug 22, 2025
- Individual RAUM · $53.4M to $39.9MJun 6, 2025 to Aug 22, 2025
- RAUM · $124M to $97.7MJun 6, 2025 to Aug 22, 2025
- Advisory employees · 4 to 3May 20, 2025 to Jun 6, 2025
- Employees · 6 to 5May 20, 2025 to Jun 6, 2025
- Financial planning clients · 51-100 to 51-100May 20, 2025 to Jun 6, 2025
- Accounts · 467 to 736Mar 31, 2025 to May 20, 2025
- Advisory employees · 5 to 4Mar 31, 2025 to May 20, 2025
- HNW clients · 55 to 59Mar 31, 2025 to May 20, 2025
- Individual clients · 412 to 677Mar 31, 2025 to May 20, 2025
Signals
6 dated events
- Paul Brian Mayes left Shankland Financial Advisors, Llc for Veritas Investment Advisory Group Llc (registered 2025-08-05)Aug 13, 2025 · Advisor changed firm · fact
- James Harvey Beatty left Shankland Financial Advisors, Llc for Brookstone Wealth Advisors, Llc (registered 2025-07-14)Jun 13, 2025 · Advisor changed firm · fact
- Rebecca Beatty left Shankland Financial Advisors, Llc for Brookstone Wealth Advisors, Llc (registered 2025-06-11)May 23, 2025 · Advisor changed firm · fact
- John Alden Burnett left Shankland Financial Advisors, Llc for Brookstone Wealth Advisors, Llc (registered 2025-05-21)May 15, 2025 · Advisor changed firm · fact
- 2 advisors left Shankland Financial Advisors, LLC (Flat Rock, NC) for Brookstone Wealth Advisors, LLC within 8 daysMay 15, 2025 · Team lift-out · derived
- Shankland Financial Advisors, Llc filed its initial SEC registration (Form ADV)May 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
- Business phone
- 217-494-0439reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- shanklandfinancial.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 217-494-0439reportedpublic record, Form ADV, Aug 20, 2026
- Team page
- shanklandfinancial.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
- $102Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026