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•••• I••••••••• M••••••••• L•••••

Former SEC-registered adviserDallas, TexasCRD 142276SEC 801-67463IAPD
Latest filing Mar 27, 2024
First filing on the tape Mar 30, 2012 · 27 filings
RAUM
$716M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
99%
$713M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$716M as of Mar 27, 2024
Mar 30, 2012$331M then
HNW client RAUM$674M as of Mar 27, 2024
Mar 29, 2018$29.4M then
State-registered IARs (5.B.3)3 as of Mar 27, 2024
Mar 28, 20135 then
Employees (5.A)5 as of Mar 27, 2024
Mar 28, 20137 then
Private funds: no history
RAUM +15% over the last fiscal year+2.6% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 27, 2024; every figure names its basis
RAUM per advisor
$239MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
94derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.4MderivedHNW RAUM over HNW clients
Average account
$2.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.4%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, otherreportedItem 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$674M95%
  • Individuals$38.4M5.4%
Individual clients
130reported
HNW clients
153reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
325reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • C•••••• C••••• W••• · Managing Membercontrol
      since 06/2020 · owns less than 5%
    • S••••• F••••• O••••• · Presidentcontrol
      since 02/2007 · owns 50% to 75%
    • C•••••• K••••• S•••• · Member
      since 02/2007 · owns 10% to 25%
    • P••••••••• G•••• M••• · Member
      since 02/2007 · owns 5% to 10%
    • P•••••• T••••••• A•• · Cco/Cto
      since 06/2020 · owns 10% to 25%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Dallas, Tx · principal000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 317 to 325
      May 1, 2023 to Mar 27, 2024
    • HNW clients · 16 to 153
      May 1, 2023 to Mar 27, 2024
    • Individual clients · 263 to 130
      May 1, 2023 to Mar 27, 2024
    • Discretionary RAUM · $620M to $713M
      May 1, 2023 to Mar 27, 2024
    • HNW RAUM · $149M to $674M
      May 1, 2023 to Mar 27, 2024
    • Individual RAUM · $471M to $38.4M
      May 1, 2023 to Mar 27, 2024
    • Non-discretionary RAUM · $3.1M to $3.6M
      May 1, 2023 to Mar 27, 2024
    • RAUM · $623M to $716M
      May 1, 2023 to Mar 27, 2024
    • Accounts · 302 to 317
      Oct 26, 2022 to May 1, 2023
    • HNW clients · 14 to 16
      Oct 26, 2022 to May 1, 2023
    • Individual clients · 254 to 263
      Oct 26, 2022 to May 1, 2023
    • Employees · 6 to 5
      Oct 26, 2022 to May 1, 2023
    • Discretionary RAUM · $666M to $620M
      Oct 26, 2022 to May 1, 2023
    • HNW RAUM · $154M to $149M
      Oct 26, 2022 to May 1, 2023
    • Individual RAUM · $511M to $471M
      Oct 26, 2022 to May 1, 2023
    • Non-discretionary RAUM · $3.2M to $3.1M
      Oct 26, 2022 to May 1, 2023
    • RAUM · $669M to $623M
      Oct 26, 2022 to May 1, 2023
    • Accounts · 320 to 302
      Apr 7, 2021 to Apr 4, 2022
    • HNW clients · 15 to 14
      Apr 7, 2021 to Apr 4, 2022
    • Individual clients · 302 to 254
      Apr 7, 2021 to Apr 4, 2022
    • Employees · 7 to 6
      Apr 7, 2021 to Apr 4, 2022
    • Discretionary RAUM · $661M to $666M
      Apr 7, 2021 to Apr 4, 2022
    • HNW RAUM · $153M to $154M
      Apr 7, 2021 to Apr 4, 2022
    • Individual RAUM · $508M to $511M
      Apr 7, 2021 to Apr 4, 2022
    • Non-discretionary RAUM · $2.7M to $3.2M
      Apr 7, 2021 to Apr 4, 2022
    • RAUM · $664M to $669M
      Apr 7, 2021 to Apr 4, 2022
    • Accounts · 329 to 320
      Jul 24, 2020 to Mar 31, 2021
    • Advisory employees · 2 to 3
      Jul 24, 2020 to Mar 31, 2021
    • HNW clients · 14 to 15
      Jul 24, 2020 to Mar 31, 2021
    • Individual clients · 298 to 302
      Jul 24, 2020 to Mar 31, 2021
    • Employees · 5 to 7
      Jul 24, 2020 to Mar 31, 2021
    • State-registered IARs · 2 to 3
      Jul 24, 2020 to Mar 31, 2021
    • Discretionary RAUM · $606M to $661M
      Jul 24, 2020 to Mar 31, 2021
    • HNW RAUM · $141M to $153M
      Jul 24, 2020 to Mar 31, 2021
    • Individual RAUM · $465M to $508M
      Jul 24, 2020 to Mar 31, 2021
    • Non-discretionary RAUM · $2.2M to $2.7M
      Jul 24, 2020 to Mar 31, 2021
    • RAUM · $608M to $664M
      Jul 24, 2020 to Mar 31, 2021
    • Advisory employees · 3 to 2
      Mar 31, 2020 to Jun 30, 2020
    • Employees · 6 to 5
      Mar 31, 2020 to Jun 30, 2020
    • State-registered IARs · 3 to 2
      Mar 31, 2020 to Jun 30, 2020
    Signals
    5 dated events
    • S•••••• S•••• S•••• left S•••• I••••••••• M••••••••• L••••• for E• W••••• A••••••• (registered 2024-07-08)
      Jul 31, 2024 · Advisor changed firm · fact
    • F•••• O••••• S•••• left S•••• I••••••••• M••••••••• L••••• for E• W••••• A••••••• (registered 2024-07-17)
      Jul 31, 2024 · Advisor changed firm · fact
    • J•••• P•••••• H•••• left S•••• I••••••••• M••••••••• L••••• for E• W••••• A••••••• (registered 2024-07-09)
      Jul 31, 2024 · Advisor changed firm · fact
    • C•••• W••• C••••• left S•••• I••••••••• M••••••••• L••••• for E• W••••• A••••••• (registered 2024-07-09)
      Jul 31, 2024 · Advisor changed firm · fact
    • S•••• I••••••••• M••••••••• L•••••'s advisors moved to E• W••••• A••••••• (Dallas, TX): 4 of 4 registered, on the same day
      Jul 31, 2024 · Firm absorbed (people side) · 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