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.

Former SEC-registered adviser

Mtx Wealth Management, LLC

Former SEC-registered adviserReston, VirginiaCRD 142616SEC 801-67357IAPD
Latest filing Apr 2, 2019
First filing on the tape Mar 29, 2012 · 19 filings
RAUM
$428M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$420M 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
19 filings and snapshots on the tape
RAUM$428M as of Mar 29, 2019
Mar 29, 2012$378M then
HNW client RAUM$407M as of Mar 29, 2019
Mar 30, 2018$411M then
State-registered IARs (5.B.3)4 as of Mar 29, 2019
Mar 21, 20134 then
Employees (5.A)9 as of Mar 29, 2019
Mar 21, 201310 then
Private funds: no history
RAUM -0.6% over the last fiscal year+4.5% a year over threeIARs 4 to 4offices 1 to 0
Practice profile
derived from the filing of Apr 2, 2019; every figure names its basis
RAUM per advisor
$107MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
20derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$8.5MderivedHNW RAUM over HNW clients
Average account
$441,445derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.3derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-0.6%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.6%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Custody
$318M, 86 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$407M95%
  • Individuals$12.5M2.9%
  • Corporations and businesses$7.4M1.7%
  • Charitable organizations$445,3420.1%
Individual clients
31reported
HNW clients
48reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
969reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$318M for 86 clientsreported
Compensation
% of AUM, fixedreported
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
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Brent Steven Trax · President / Chief Compliance Officercontrol
      since 11/2006 · owns 75% or more
    • Jon Bradley Smith · Chief Investment Officer
      since 11/2010 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 780 to 969
      Oct 26, 2018 to Mar 29, 2019
    • HNW clients · 49 to 48
      Oct 26, 2018 to Mar 29, 2019
    • Individual clients · 28 to 31
      Oct 26, 2018 to Mar 29, 2019
    • Assets in custody · $355M to $318M
      Oct 26, 2018 to Mar 29, 2019
    • Other offices · 1 to 0
      Oct 26, 2018 to Mar 29, 2019
    • Discretionary RAUM · $430M to $428M
      Oct 26, 2018 to Mar 29, 2019
    • HNW RAUM · $411M to $407M
      Oct 26, 2018 to Mar 29, 2019
    • Individual RAUM · $10.6M to $12.5M
      Oct 26, 2018 to Mar 29, 2019
    • RAUM · $430M to $428M
      Oct 26, 2018 to Mar 29, 2019
    • Accounts · 696 to 780
      Apr 6, 2017 to Mar 30, 2018
    • Advisory activities · 4 to 3
      Apr 6, 2017 to Mar 30, 2018
    • HNW clients · unset to 49.0
      Apr 6, 2017 to Mar 30, 2018
    • Individual clients · unset to 28.0
      Apr 6, 2017 to Mar 30, 2018
    • Assets in custody · $256M to $355M
      Apr 6, 2017 to Mar 30, 2018
    • State-registered IARs · 3 to 4
      Apr 6, 2017 to Mar 30, 2018
    • Other offices · unset to 1.0
      Apr 6, 2017 to Mar 30, 2018
    • Discretionary RAUM · $389M to $430M
      Apr 6, 2017 to Mar 30, 2018
    • HNW RAUM · unset to 411168064.0
      Apr 6, 2017 to Mar 30, 2018
    • Individual RAUM · unset to 10588225.0
      Apr 6, 2017 to Mar 30, 2018
    • RAUM · $389M to $430M
      Apr 6, 2017 to Mar 30, 2018
    • Accounts · 704 to 696
      Jul 26, 2016 to Mar 30, 2017
    • Advisory activities · 3 to 4
      Jul 26, 2016 to Mar 30, 2017
    • Assets in custody · $6.7M to $256M
      Jul 26, 2016 to Mar 30, 2017
    • Discretionary RAUM · $375M to $389M
      Jul 26, 2016 to Mar 30, 2017
    • RAUM · $375M to $389M
      Jul 26, 2016 to Mar 30, 2017
    • Accounts · 409 to 704
      Dec 15, 2015 to Mar 29, 2016
    • Advisory activities · 2 to 3
      Dec 15, 2015 to Mar 29, 2016
    • Assets in custody · $3.8M to $6.7M
      Dec 15, 2015 to Mar 29, 2016
    • Discretionary RAUM · $342M to $375M
      Dec 15, 2015 to Mar 29, 2016
    • RAUM · $342M to $375M
      Dec 15, 2015 to Mar 29, 2016
    • Assets in custody · unset to 3781950.0
      Mar 24, 2015 to Dec 15, 2015
    • Custody of client assets · false to true
      Mar 24, 2015 to Dec 15, 2015
    • Employees · 8 to 9
      Mar 24, 2015 to Dec 15, 2015
    • HQ city · BETHESDA to RESTON
      Mar 24, 2015 to Dec 15, 2015
    • HQ state · MD to VA
      Mar 24, 2015 to Dec 15, 2015
    • Accounts · 656 to 409
      Feb 2, 2015 to Mar 24, 2015
    • Advisory employees · 4 to 3
      Feb 2, 2015 to Mar 24, 2015
    • Employees · 10 to 8
      Feb 2, 2015 to Mar 24, 2015
    • State-registered IARs · 4 to 3
      Feb 2, 2015 to Mar 24, 2015
    • Discretionary RAUM · $480M to $342M
      Feb 2, 2015 to Mar 24, 2015
    Signals
    No event on the tape.
    Across DFX
    shared identifiers only, never a name match
    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