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

C•• F•••••••• S•••••••• L•••

Former SEC-registered adviserSaint Louis Park, MinnesotaCRD 141278SEC 801-68577IAPD
Latest filing Mar 14, 2023
First filing on the tape Dec 9, 2011 · 23 filings
RAUM
$218M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$218M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
9
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$218M as of Mar 14, 2023
Dec 9, 2011$80.0M then
HNW client RAUM$158M as of Mar 14, 2023
Mar 27, 2018$127M then
State-registered IARs (5.B.3)3 as of Mar 14, 2023
Dec 9, 20110 then
Employees (5.A)9 as of Mar 14, 2023
Dec 12, 20126 then
Private funds: no history
RAUM -13% over the last fiscal year+4.1% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 14, 2023; every figure names its basis
RAUM per advisor
$72.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
100derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.5MderivedHNW RAUM over HNW clients
Average account
$211,345derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-13%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.7%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, educational seminarsreportedItem 5.G
Custody
$8.4M, 9 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)
  • 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$158M72%
  • Individuals$60.4M28%
Individual clients
199reported
HNW clients
102reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,033reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$8.4M for 9 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
  • B••••• O•••• C•••••• · Vice Presidentcontrol
    since 10/2006 · owns 10% to 25%
  • L••••• J•••••••• W•••• · Chief Compliance Officer, Presidentcontrol
    since 10/2006 · owns 75% or more
Related persons
Schedule D 7.A
  • C•••••••• T••••• A•• B••••• L•••
    insurancey
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Saint Louis Park, Mn · principal000
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 1,048 to 1,033
    Mar 22, 2022 to Mar 14, 2023
  • HNW clients · 117 to 102
    Mar 22, 2022 to Mar 14, 2023
  • Individual clients · 160 to 199
    Mar 22, 2022 to Mar 14, 2023
  • Assets in custody · $7.5M to $8.4M
    Mar 22, 2022 to Mar 14, 2023
  • Discretionary RAUM · $251M to $218M
    Mar 22, 2022 to Mar 14, 2023
  • HNW RAUM · $197M to $158M
    Mar 22, 2022 to Mar 14, 2023
  • Individual RAUM · $54.3M to $60.4M
    Mar 22, 2022 to Mar 14, 2023
  • RAUM · $251M to $218M
    Mar 22, 2022 to Mar 14, 2023
  • Accounts · 973 to 1,048
    Mar 8, 2021 to Mar 22, 2022
  • Advisory employees · 2 to 3
    Mar 8, 2021 to Mar 22, 2022
  • HNW clients · 92 to 117
    Mar 8, 2021 to Mar 22, 2022
  • Individual clients · 188 to 160
    Mar 8, 2021 to Mar 22, 2022
  • Assets in custody · $3.1M to $7.5M
    Mar 8, 2021 to Mar 22, 2022
  • Employees · 10 to 9
    Mar 8, 2021 to Mar 22, 2022
  • State-registered IARs · 2 to 3
    Mar 8, 2021 to Mar 22, 2022
  • Discretionary RAUM · $0 to $251M
    Mar 8, 2021 to Mar 22, 2022
  • HNW RAUM · $153M to $197M
    Mar 8, 2021 to Mar 22, 2022
  • Individual RAUM · $55.1M to $54.3M
    Mar 8, 2021 to Mar 22, 2022
  • Non-discretionary RAUM · $208M to $0
    Mar 8, 2021 to Mar 22, 2022
  • RAUM · $208M to $251M
    Mar 8, 2021 to Mar 22, 2022
  • Accounts · 931 to 973
    Jun 17, 2020 to Mar 8, 2021
  • Advisory employees · 4 to 2
    Jun 17, 2020 to Mar 8, 2021
  • HNW clients · 84 to 92
    Jun 17, 2020 to Mar 8, 2021
  • Individual clients · 179 to 188
    Jun 17, 2020 to Mar 8, 2021
  • Assets in custody · $8.1M to $3.1M
    Jun 17, 2020 to Mar 8, 2021
  • Financial planning clients · 101-250 to 251-500
    Jun 17, 2020 to Mar 8, 2021
  • State-registered IARs · 4 to 2
    Jun 17, 2020 to Mar 8, 2021
  • HNW RAUM · $138M to $153M
    Jun 17, 2020 to Mar 8, 2021
  • Individual RAUM · $55.8M to $55.1M
    Jun 17, 2020 to Mar 8, 2021
  • Non-discretionary RAUM · $194M to $208M
    Jun 17, 2020 to Mar 8, 2021
  • RAUM · $194M to $208M
    Jun 17, 2020 to Mar 8, 2021
  • Non-discretionary RAUM · $177M to $194M
    Mar 15, 2019 to Jan 29, 2020
  • Pension RAUM · 2445110.0 to unset
    Mar 15, 2019 to Jan 29, 2020
  • RAUM · $177M to $194M
    Mar 15, 2019 to Jan 29, 2020
  • Accounts · 877 to 931
    Mar 15, 2019 to Jan 29, 2020
  • Advisory employees · 3 to 4
    Mar 15, 2019 to Jan 29, 2020
  • HNW clients · 92 to 84
    Mar 15, 2019 to Jan 29, 2020
  • Assets in custody · $6.7M to $8.1M
    Mar 15, 2019 to Jan 29, 2020
  • State-registered IARs · 3 to 4
    Mar 15, 2019 to Jan 29, 2020
  • HNW RAUM · $69.0M to $138M
    Mar 15, 2019 to Jan 29, 2020
Signals
3 dated events
  • J••••••• W•••• L•••• left C•• F•••••••• S•••••••• L••• for C••••••• P••••••• (registered 2023-08-01)
    Nov 10, 2023 · advisor f••• change · fact
  • O••• C•••••• B•••• left C•• F•••••••• S•••••••• L••• for C••••••• P••••••• (registered 2023-08-10)
    Nov 10, 2023 · advisor f••• change · fact
  • 2 advisors left C•• F•••••••• S•••••••• L••• (Saint Louis Park, MN) for C••••••• P••••••• on the same day
    Nov 10, 2023 · Team lift-out · derived
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