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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SEC-registered adviser

A• F••••••••

Independent wealth managerSalt Lake City, UtahCRD 140226SEC 801-66579websiteIAPD
Legal name A• F••••••••• L••
Latest filing Feb 20, 2026
First filing on the tape Mar 6, 2012 · 20 filings
SEC status approved since Apr 19, 2006
RAUM
$103M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
82%
$84.8M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$51.7M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$103M as of Feb 20, 2026
Mar 6, 2012$90.5M then
HNW client RAUM$19.2M as of Feb 20, 2026
Jan 25, 2018$60.0M then
State-registered IARs (5.B.3)2 as of Feb 20, 2026
Mar 6, 20120 then
Employees (5.A)2 as of Feb 20, 2026
Mar 28, 20132 then
Private funds: no history
RAUM -1.8% over the last fiscal year-0.1% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Feb 20, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$51.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
88derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.6MderivedHNW RAUM over HNW clients
Average account
$234,612derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
17%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-1.8%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.7%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$4.8M, 113 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$65.6M63%
  • High-net-worth individuals$19.2M19%
  • Charitable organizations$10.9M11%
  • Pension and profit-sharing plans$6.9M6.7%
  • Corporations and businesses$836,3030.8%
Individual clients
163reported
HNW clients
12reported
Pension plan clients
13reported
Charitable clients
n/areported
Accounts
441reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$4.8M for 113 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.82 fund_share=0.0 institutional_share=0.17 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
A•••• B•••• G•••••Salt Lake City, UtApr 19, 200627 y3
G•••••• I••••• O••Salt Lake City, UtSep 25, 200820 y2
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • G•••••• A••••• B•••• · Managing Member/Chief Compliance Officercontrol
    since 03/2006 · 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
OfficeAdvisorsJoinedLeftTeams outForming
Salt Lake City, Ut · principal200
Offices
Schedule D 1.F, the 25 largest
  • Scottsdale, AZ1 employees
What changed
consecutive filings, newest first
  • RAUM · $105M to $103M
    Feb 27, 2025 to Feb 20, 2026
  • Accounts · 418 to 441
    Feb 27, 2025 to Feb 20, 2026
  • HNW clients · 13 to 12
    Feb 27, 2025 to Feb 20, 2026
  • Individual clients · 159 to 163
    Feb 27, 2025 to Feb 20, 2026
  • Pension plan clients · unset to 13.0
    Feb 27, 2025 to Feb 20, 2026
  • Assets in custody · $32.2M to $4.8M
    Feb 27, 2025 to Feb 20, 2026
  • Discretionary RAUM · $105M to $103M
    Feb 27, 2025 to Feb 20, 2026
  • HNW RAUM · $21.8M to $19.2M
    Feb 27, 2025 to Feb 20, 2026
  • Individual RAUM · $67.1M to $65.6M
    Feb 27, 2025 to Feb 20, 2026
  • Non-discretionary RAUM · $438,901 to $526,764
    Feb 27, 2025 to Feb 20, 2026
  • Pension RAUM · $4.4M to $6.9M
    Feb 27, 2025 to Feb 20, 2026
  • Accounts · 188 to 418
    Mar 7, 2024 to Feb 27, 2025
  • Business name · A• F••••••••• L•• to A• F••••••••
    Mar 7, 2024 to Feb 27, 2025
  • HNW clients · 31 to 13
    Mar 7, 2024 to Feb 27, 2025
  • Individual clients · 153 to 159
    Mar 7, 2024 to Feb 27, 2025
  • Assets in custody · $26.3M to $32.2M
    Mar 7, 2024 to Feb 27, 2025
  • Financial planning clients · 0 to 0
    Mar 7, 2024 to Feb 27, 2025
  • Discretionary RAUM · $105M to $105M
    Mar 7, 2024 to Feb 27, 2025
  • HNW RAUM · $56.1M to $21.8M
    Mar 7, 2024 to Feb 27, 2025
  • Individual RAUM · $40.3M to $67.1M
    Mar 7, 2024 to Feb 27, 2025
  • Non-discretionary RAUM · $766,470 to $438,901
    Mar 7, 2024 to Feb 27, 2025
  • Pension RAUM · $646,900 to $4.4M
    Mar 7, 2024 to Feb 27, 2025
  • RAUM · $105M to $105M
    Mar 7, 2024 to Feb 27, 2025
  • Accounts · 191 to 188
    Oct 30, 2023 to Mar 7, 2024
  • HNW clients · 25 to 31
    Oct 30, 2023 to Mar 7, 2024
  • Individual clients · 156 to 153
    Oct 30, 2023 to Mar 7, 2024
  • Pooled vehicle clients · 3.0 to unset
    Oct 30, 2023 to Mar 7, 2024
  • Assets in custody · $41.2M to $26.3M
    Oct 30, 2023 to Mar 7, 2024
  • Discretionary RAUM · $101M to $105M
    Oct 30, 2023 to Mar 7, 2024
  • HNW RAUM · $50.5M to $56.1M
    Oct 30, 2023 to Mar 7, 2024
  • Individual RAUM · $44.6M to $40.3M
    Oct 30, 2023 to Mar 7, 2024
  • Non-discretionary RAUM · $3.0M to $766,470
    Oct 30, 2023 to Mar 7, 2024
  • Pension RAUM · $4.0M to $646,900
    Oct 30, 2023 to Mar 7, 2024
  • Pooled vehicle RAUM · 1145000.0 to unset
    Oct 30, 2023 to Mar 7, 2024
  • RAUM · $104M to $105M
    Oct 30, 2023 to Mar 7, 2024
  • Accounts · 449 to 191
    Mar 1, 2022 to Mar 13, 2023
  • HNW clients · 26 to 25
    Mar 1, 2022 to Mar 13, 2023
  • Individual clients · 211 to 156
    Mar 1, 2022 to Mar 13, 2023
  • Pension plan clients · 7.0 to unset
    Mar 1, 2022 to Mar 13, 2023
  • Pooled vehicle clients · 4 to 3
    Mar 1, 2022 to Mar 13, 2023
Signals
No event on the tape.
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
480-656-2850reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
801-990-3469reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
801-990-3470reportedpublished by the firm, firm site, Sep 16, 2026
Website
w••.m•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
801-990-3470reportedpublic record, Form ADV, Feb 20, 2026
Contact form
m•••••••••.comreportedpublished by the firm, firm site, Sep 16, 2026
Team page
m•••••••••.comreportedpublished 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
$51.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026