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.

SEC-registered adviser

Assetbuilder, Inc.

Independent wealth managerAllen, TexasCRD 142665SEC 801-67404websiteIAPD
Latest filing Apr 22, 2026
First filing on the tape Feb 3, 2012 · 32 filings
SEC status approved since Jan 3, 2007
RAUM
$813M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
94%
$763M individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$90.3M
derived; firm RAUM over IAPD count
Employees
12
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$813M as of Apr 22, 2026
Feb 3, 2012$487M then
HNW client RAUM$578M as of Apr 22, 2026
Mar 29, 2018$479M then
State-registered IARs (5.B.3)0 as of Apr 22, 2026
Feb 3, 20120 then
Employees (5.A)12 as of Apr 22, 2026
Mar 7, 201310 then
Private funds: no history
RAUM +12% over the last fiscal year+6.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 22, 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
$90.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
79derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$488,086derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
6.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
9.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
-2.9%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$578M71%
  • Individuals$185M23%
  • Charitable organizations$48.9M6.0%
  • Corporations and businesses$524,9930.1%
  • Pension and profit-sharing plans$143,1400.0%
Individual clients
467reported
HNW clients
247reported
Pension plan clients
1reported
Charitable clients
3reported
Accounts
1,665reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.94 fund_share=0.0 institutional_share=0.06 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Kennon Stewart GroseAllen, TxJan 3, 200721 y0
Bruce Dallas GriffithAllen, TxApr 24, 200719 y0
Janet Lee GriffithCertified Financial PlannerAllen, TxSep 21, 201724 y0
Hannah Jordan VickeryAllen, TxJun 2, 202111 y0
Joseph William BadingerAllen, TxOct 18, 202213 y0
Tommy Edward WillamsAllen, TxNov 1, 202412 y0
Carson PopeAllen, TxDec 22, 202511 y3
Ellen SeitzlerAllen, TxDec 23, 202511 y0
Kayla Dawn TaylorAllen, TxApr 21, 202611 y2
Advisor movement
1 left, 2 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 11% of current headcount2 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Dallas Bruce Griffith · President & Chief Operating Officercontrol
    since 01/2019 · owns less than 5%
  • Stewart Kennon Grose · Ceocontrol
    since 09/2006 · owns 75% or more
  • Norris Anthony Scott · Chief Compliance Officercontrol
    since 09/2024 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Allen, Tx · principal931
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • HNW share shiftChange between filings · filing Apr 22, 2026
    HNW share of RAUM moved from 49.0% to 71.0% between the annual amendments of 2025-03-25 and 2026-04-22
    peers: independent wealth managers, $500M to $1B (1,483)
What changed
consecutive filings, newest first
  • Employees · 11 to 12
    Mar 30, 2026 to Apr 22, 2026
  • Accounts · 1,671 to 1,665
    Mar 25, 2025 to Mar 30, 2026
  • HNW clients · 128 to 247
    Mar 25, 2025 to Mar 30, 2026
  • Individual clients · 607 to 467
    Mar 25, 2025 to Mar 30, 2026
  • Financial planning clients · 1-10 to 11-25
    Mar 25, 2025 to Mar 30, 2026
  • HQ city · PLANO to ALLEN
    Mar 25, 2025 to Mar 30, 2026
  • Discretionary RAUM · $724M to $813M
    Mar 25, 2025 to Mar 30, 2026
  • HNW RAUM · $357M to $578M
    Mar 25, 2025 to Mar 30, 2026
  • Individual RAUM · $325M to $185M
    Mar 25, 2025 to Mar 30, 2026
  • Pension RAUM · $150,654 to $143,140
    Mar 25, 2025 to Mar 30, 2026
  • RAUM · $724M to $813M
    Mar 25, 2025 to Mar 30, 2026
  • Accounts · 1,759 to 1,671
    Nov 18, 2024 to Mar 25, 2025
  • Corporate clients · 1 to 2
    Nov 18, 2024 to Mar 25, 2025
  • HNW clients · 197 to 128
    Nov 18, 2024 to Mar 25, 2025
  • Individual clients · 589 to 607
    Nov 18, 2024 to Mar 25, 2025
  • Pension plan clients · 2 to 1
    Nov 18, 2024 to Mar 25, 2025
  • Financial planning clients · 0 to 1-10
    Nov 18, 2024 to Mar 25, 2025
  • Discretionary RAUM · $687M to $724M
    Nov 18, 2024 to Mar 25, 2025
  • HNW RAUM · $431M to $357M
    Nov 18, 2024 to Mar 25, 2025
  • Individual RAUM · $216M to $325M
    Nov 18, 2024 to Mar 25, 2025
  • Pension RAUM · $3.6M to $150,654
    Nov 18, 2024 to Mar 25, 2025
  • RAUM · $687M to $724M
    Nov 18, 2024 to Mar 25, 2025
  • Advisory employees · 6 to 7
    Sep 11, 2024 to Nov 13, 2024
  • Advisory activities · 2 to 3
    Sep 11, 2024 to Nov 13, 2024
  • Employees · 10 to 11
    Sep 11, 2024 to Nov 13, 2024
  • Financial planning clients · unset to 0
    Sep 11, 2024 to Nov 13, 2024
  • Accounts · 1,965 to 1,759
    Jun 29, 2023 to Jan 30, 2024
  • HNW clients · 258 to 197
    Jun 29, 2023 to Jan 30, 2024
  • Individual clients · 614 to 589
    Jun 29, 2023 to Jan 30, 2024
  • Employees · 9 to 10
    Jun 29, 2023 to Jan 30, 2024
  • Discretionary RAUM · $677M to $687M
    Jun 29, 2023 to Jan 30, 2024
  • HNW RAUM · $458M to $431M
    Jun 29, 2023 to Jan 30, 2024
  • Individual RAUM · $184M to $216M
    Jun 29, 2023 to Jan 30, 2024
  • Pension RAUM · $5.5M to $3.6M
    Jun 29, 2023 to Jan 30, 2024
  • RAUM · $677M to $687M
    Jun 29, 2023 to Jan 30, 2024
  • Accounts · 2,021 to 1,965
    Oct 27, 2022 to Mar 27, 2023
  • Charity clients · 5 to 3
    Oct 27, 2022 to Mar 27, 2023
  • Corporate clients · unset to 1.0
    Oct 27, 2022 to Mar 27, 2023
  • HNW clients · 233 to 258
    Oct 27, 2022 to Mar 27, 2023
  • Individual clients · 703 to 614
    Oct 27, 2022 to Mar 27, 2023
Signals
7 dated events
  • Adam Gregory Morse left Assetbuilder, Inc. for Fortify Financial (registered 2026-01-22)
    Feb 4, 2026 · Advisor changed firm · fact
  • Norris Anthony Scott (Chief Compliance Officer) appeared on Schedule A of Assetbuilder, Inc.
    Sep 11, 2024 · Control person joined · fact
  • Landon Wade Mcbride left Assetbuilder, Inc. for Openair Financial, Llc (registered 2024-07-08)
    Mar 21, 2024 · Advisor changed firm · fact
  • Gary Mack Brittain left Assetbuilder, Inc. for Legacy Folios (registered 2022-09-21)
    Jul 25, 2022 · Advisor changed firm · fact
  • James Michael French (Chief Investment Officer) no longer on Schedule A of Assetbuilder, Inc. (listed 2021-03-24, absent 2021-07-28)
    Jul 28, 2021 · Control person left · inference
  • Dallas Bruce Griffith (President & Chief Operating Officer) appeared on Schedule A of Assetbuilder, Inc.
    Mar 18, 2019 · Control person joined · fact
  • J Michael French (Chief Investment Officer) appeared on Schedule A of Assetbuilder, Inc.
    Mar 18, 2019 · Control person joined · 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 phone
972-535-4040reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/assetbuilderreportedpublic record, Form ADV, Sep 17, 2026
Website
ASSETBUILDER.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
972-535-4040reportedpublic record, Form ADV, Apr 22, 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
$90.3Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026