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

L••••• F•••••••• S••••••• G••••• I•••

Independent wealth managerTraverse City, MichiganCRD 140514SEC 801-136525websiteIAPD
Latest filing May 19, 2026
First filing on the tape Aug 22, 2012 · 9 filings
SEC status approved since Jun 18, 2026
RAUM
$123M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$121M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$61.4M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$123M as of May 19, 2026
Mar 28, 2013$97.1M then
HNW client RAUM: $83.2M
State-registered IARs (5.B.3)2 as of May 19, 2026
Mar 28, 20132 then
Employees (5.A)2 as of May 19, 2026
Mar 28, 20132 then
Private funds: no history
RAUM +27% over the last fiscal yearIARs 2 to 2
Practice profile
derived from the filing of May 19, 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
RAUM per advisor
$61.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
92derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$344,023derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
0.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+0.4%derivedbetween the last two annual amendments
Advisor growth, one year
-50%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$96.0M, 355 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)
  • 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)
  • 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$83.2M68%
  • Individuals$38.0M31%
  • Pension and profit-sharing plans$1.6M1.3%
Individual clients
148reported
HNW clients
35reported
Pension plan clients
1reported
Charitable clients
0reported
Accounts
357reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$96.0M for 355 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
K•••• L••• K•••••••••Saint Johns, Fl Aug 22, 201222 y1
C•••••• M•••• W••••Traverse City, MiMar 23, 201511 y0
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
      • W••••• C••••••• M•••• · Chief Compliance Officercontrol
        since 07/2007 · owns less than 5%
      • W••••• D••••• E••••• · Presidentcontrol
        since 04/2006 · 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
      Traverse City, Mi · principal200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • custody status changedChange between filings · filing May 19, 2026
        custody of client assets (Item 9.A): no on the filing of 2014-08-26, yes on the filing of 2026-05-19
        peers: independent wealth managers, $100M to $500M (5,678)
      • compensation changedChange between filings · filing May 19, 2026
        commissions (Item 5.E.5): yes on the filing of 2014-08-26, no on the filing of 2026-05-19
        peers: independent wealth managers, $100M to $500M (5,678)
      What changed
      consecutive filings, newest first
      • Accounts · 442 to 357
        Aug 26, 2014 to May 19, 2026
      • Advisory employees · 1 to 2
        Aug 26, 2014 to May 19, 2026
      • Advisory activities · 3 to 2
        Aug 26, 2014 to May 19, 2026
      • Charity clients · unset to 0.0
        Aug 26, 2014 to May 19, 2026
      • Corporate clients · unset to 0.0
        Aug 26, 2014 to May 19, 2026
      • HNW clients · unset to 35.0
        Aug 26, 2014 to May 19, 2026
      • Individual clients · unset to 148.0
        Aug 26, 2014 to May 19, 2026
      • Pension plan clients · unset to 1.0
        Aug 26, 2014 to May 19, 2026
      • Pooled vehicle clients · unset to 0.0
        Aug 26, 2014 to May 19, 2026
      • Commission compensation · true to false
        Aug 26, 2014 to May 19, 2026
      • Assets in custody · unset to 96000000.0
        Aug 26, 2014 to May 19, 2026
      • Custody of client assets · false to true
        Aug 26, 2014 to May 19, 2026
      • Financial planning clients · 0 to 0
        Aug 26, 2014 to May 19, 2026
      • State-registered IARs · 1 to 2
        Aug 26, 2014 to May 19, 2026
      • Other offices · unset to 2.0
        Aug 26, 2014 to May 19, 2026
      • Discretionary RAUM · $80.5M to $123M
        Aug 26, 2014 to May 19, 2026
      • HNW RAUM · unset to 83197078.0
        Aug 26, 2014 to May 19, 2026
      • Individual RAUM · unset to 38037916.0
        Aug 26, 2014 to May 19, 2026
      • Pension RAUM · unset to 1581284.0
        Aug 26, 2014 to May 19, 2026
      • Pooled vehicle RAUM · unset to 0.0
        Aug 26, 2014 to May 19, 2026
      • RAUM · $80.5M to $123M
        Aug 26, 2014 to May 19, 2026
      • Accounts · 566 to 442
        Mar 19, 2014 to Aug 26, 2014
      • Discretionary RAUM · $97.5M to $80.5M
        Mar 19, 2014 to Aug 26, 2014
      • RAUM · $97.5M to $80.5M
        Mar 19, 2014 to Aug 26, 2014
      • Accounts · 397 to 566
        Nov 12, 2013 to Mar 19, 2014
      • Advisory employees · 2 to 1
        Nov 12, 2013 to Mar 19, 2014
      • Advisory activities · 4 to 3
        Nov 12, 2013 to Mar 19, 2014
      • Business name · L••••• F•••••••• S••••••• G••••• L•• to L••••• F•••••••• S••••••• G••••• I•••
        Nov 12, 2013 to Mar 19, 2014
      • State-registered IARs · 2 to 1
        Nov 12, 2013 to Mar 19, 2014
      • Legal name · L••••• F•••••••• S••••••• G••••• L•• to L••••• F•••••••• S••••••• G••••• I•••
        Nov 12, 2013 to Mar 19, 2014
      • Discretionary RAUM · $97.1M to $97.5M
        Nov 12, 2013 to Mar 19, 2014
      • RAUM · $97.1M to $97.5M
        Nov 12, 2013 to Mar 19, 2014
      • Legal name · L••••• F•••••••• S••••••• G••••• I••• to L••••• F•••••••• S••••••• G••••• L••
        Oct 30, 2013 to Nov 12, 2013
      • Legal name · L••••• F•••••••• S••••••• G••••• L•• to L••••• F•••••••• S••••••• G••••• I•••
        Jul 30, 2013 to Oct 30, 2013
      • Succession · true to false
        Jul 30, 2013 to Oct 30, 2013
      • Succession · false to true
        Mar 28, 2013 to Jul 30, 2013
      • Accounts · 517 to 397
        Aug 22, 2012 to Mar 28, 2013
      • Advisory employees · unset to 2.0
        Aug 22, 2012 to Mar 28, 2013
      • Advisory activities · 6 to 4
        Aug 22, 2012 to Mar 28, 2013
      • Employees · unset to 2.0
        Aug 22, 2012 to Mar 28, 2013
      Signals
      1 dated events
      • L••••• F•••••••• S••••••• G••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Jul 30, 2013 · Succession (Item 4) · 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 email
      info@discoverlegacy.netreportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      231-933-0631reportedpublished by the firm, firm site, Sep 16, 2026
      Website
      discoverlegacy.netreportedpublic record, Form ADV, Sep 21, 2026
      Principal office phone
      231-933-0631reportedpublic record, Form ADV, May 19, 2026
      Contact form
      discoverlegacy.net/contactreportedpublished by the firm, firm site, Sep 16, 2026
      Team page
      discoverlegacy.net/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
      $61.4Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026