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

Barnes Pettey Financial Advisors, LLC

Independent wealth managerClarksdale, MississippiCRD 142944SEC 801-67555websiteIAPD
Latest filing Aug 20, 2026
First filing on the tape Feb 29, 2012 · 36 filings
SEC status approved since Jan 3, 2007
RAUM
$1.3B
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
75%
$988M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$164M
derived; firm RAUM over IAPD count
Employees
13
8 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$1.3B as of Aug 20, 2026
Feb 29, 2012$664M then
HNW client RAUM$667M as of Aug 20, 2026
Mar 28, 2018$425M then
State-registered IARs (5.B.3)8 as of Aug 20, 2026
Feb 28, 20138 then
Employees (5.A)13 as of Aug 20, 2026
Feb 28, 201313 then
Private funds: no history
RAUM +17% over the last fiscal year+11% a year over threeIARs 8 to 8
Practice profile
derived from the filing of Aug 20, 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
RAUM per advisor
$164MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
378derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$705,503derivedHNW RAUM over HNW clients
Average account
$396,753derivedRAUM over accounts (5.F.2.f)
Discretionary
95%derivedof RAUM
Institutional
5.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
1.3derived6 offices incl. principal (1.F.5)
RAUM growth, one year
+17%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+41%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$38.2M, 186 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$667M61%
  • Individuals$322M29%
  • Charitable organizations$41.5M3.8%
  • Pension and profit-sharing plans$33.3M3.0%
  • Corporations and businesses$31.0M2.8%
Individual clients
2,079reported
HNW clients
945reported
Pension plan clients
17reported
Charitable clients
18reported
Accounts
3,303reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$38.2M for 186 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.75 fund_share=0.0 institutional_share=0.06 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Gerald Arthur SmithCertified Financial PlannerGrenada, Ms Feb 7, 200730 y1
Holmes Sherard PetteyClarksdale, MsFeb 7, 200743 y1
Richard Lee DevoeCertified Financial PlannerClarksdale, Ms Feb 15, 200727 y1
Ryan Haskins BarnesMadison, Ms Feb 15, 200723 y1
Andrew Chi-Yan YeeCertified Financial PlannerClarksdale, Ms Oct 1, 200720 y0
Julie Kelley FlowersClarksdale, MsNov 1, 200720 y0
Joseph FriendClarksdale, Ms May 15, 201715 y3
Daniel Jackson MyrickClarksdale, MsSep 6, 202310 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 headcount1 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Mcbee Dudley Barnes · Managing Membercontrol
    since 01/2007 · owns less than 5%
  • Alaine Janea Burgess · Chief Compliance Officercontrol
    since 01/2020 · owns less than 5%
  • Sherard Holmes Pettey · Managing Membercontrol
    since 01/2007 · owns less than 5%
  • Arthur Gerald Smith · Managing Membercontrol
    since 01/2019 · owns less than 5%
  • Mcbee Dudley Barnes · Managing Membercontrol
    since 01/2007 · owns 75% or more of Barnes And Associates, Inc.
  • Sherard Holmes Pettey · Managercontrol
    since 01/2007 · owns 75% or more of Holmes Pettey, Inc.
  • M Susan Brodnick · Chief Compliance Officer
    since 08/2026 · owns less than 5%
Entity owners
  • Andrew C Yee, LLC · Member
    direct · owns 5% to 10%
  • Barnes And Associates, Inc. · Member
    direct · owns 50% to 75%
  • Barnes Pettey Financial Advisors Of · Member
    direct · owns 5% to 10%
  • Barnes Wealth Management, LLC · Member
    direct · owns 5% to 10%
  • Capital Management Of Oxford, LLC · Member
    direct · owns 5% to 10%
  • Friend Financial Consulting LLC · Member
    direct · owns 5% to 10%
  • Holmes Pettey, Inc. · Member
    direct · owns 50% to 75%
  • Julie Flowers, LLC · Member
    direct · owns 5% to 10%
Related persons
Schedule D 7.A
  • Devoe Carr, Pllc
    insurancen
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Clarksdale, Ms · principal800
Oxford, Ms200
Jackson, Ms000
Offices
Schedule D 1.F, the 25 largest
  • Grenada, MS1 employees
  • Memphis, TN1 employees
  • Oxford, MS1 employees
  • Oxford, MS1 employees
  • , 1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Aug 20, 2026
    BARNES, DUDLEY, MCBEE (MANAGING MEMBER) left Schedule A between the filings of 2020-02-24 and 2026-08-20
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Aug 20, 2026
    BURGESS, JANEA, ALAINE (CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2020-02-24 and 2026-08-20
    peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
  • Accounts · 2,720 to 3,303
    Jul 28, 2025 to Mar 19, 2026
  • Charity clients · 11 to 18
    Jul 28, 2025 to Mar 19, 2026
  • Corporate clients · 34 to 53
    Jul 28, 2025 to Mar 19, 2026
  • HNW clients · 642 to 945
    Jul 28, 2025 to Mar 19, 2026
  • Individual clients · 1,502 to 2,079
    Jul 28, 2025 to Mar 19, 2026
  • Employees · 15 to 13
    Jul 28, 2025 to Mar 19, 2026
  • Discretionary RAUM · $1.0B to $1.2B
    Jul 28, 2025 to Mar 19, 2026
  • HNW RAUM · $570M to $667M
    Jul 28, 2025 to Mar 19, 2026
  • Individual RAUM · $289M to $322M
    Jul 28, 2025 to Mar 19, 2026
  • Non-discretionary RAUM · $79.0M to $71.2M
    Jul 28, 2025 to Mar 19, 2026
  • Pension RAUM · $30.0M to $33.3M
    Jul 28, 2025 to Mar 19, 2026
  • RAUM · $1.1B to $1.3B
    Jul 28, 2025 to Mar 19, 2026
  • Wrap assets (manager) · 0.0 to unset
    Jul 28, 2025 to Mar 19, 2026
  • Wrap assets (sponsor) · 0.0 to unset
    Jul 28, 2025 to Mar 19, 2026
  • BD registered reps · 8 to 0
    Apr 4, 2025 to Jul 28, 2025
  • Employees · 14 to 15
    Apr 4, 2025 to Jul 28, 2025
  • Financial planning clients · 26-50 to 26-50
    Apr 4, 2025 to Jul 28, 2025
  • Wrap assets (manager) · $355M to $0
    Apr 4, 2025 to Jul 28, 2025
  • Accounts · 2,816 to 2,720
    Nov 18, 2024 to Apr 4, 2025
  • Advisory employees · 10 to 8
    Nov 18, 2024 to Apr 4, 2025
  • BD registered reps · 10 to 8
    Nov 18, 2024 to Apr 4, 2025
  • Charity clients · 12 to 11
    Nov 18, 2024 to Apr 4, 2025
  • Corporate clients · 33 to 34
    Nov 18, 2024 to Apr 4, 2025
  • HNW clients · 678 to 642
    Nov 18, 2024 to Apr 4, 2025
  • Individual clients · 1,524 to 1,502
    Nov 18, 2024 to Apr 4, 2025
  • Pension plan clients · 18 to 17
    Nov 18, 2024 to Apr 4, 2025
  • Assets in custody · $76.7M to $38.2M
    Nov 18, 2024 to Apr 4, 2025
  • Employees · 15 to 14
    Nov 18, 2024 to Apr 4, 2025
  • State-registered IARs · 10 to 8
    Nov 18, 2024 to Apr 4, 2025
  • Other offices · 6 to 5
    Nov 18, 2024 to Apr 4, 2025
  • Discretionary RAUM · $1.0B to $1.0B
    Nov 18, 2024 to Apr 4, 2025
  • HNW RAUM · $551M to $570M
    Nov 18, 2024 to Apr 4, 2025
  • Individual RAUM · $282M to $289M
    Nov 18, 2024 to Apr 4, 2025
  • Non-discretionary RAUM · $81.3M to $79.0M
    Nov 18, 2024 to Apr 4, 2025
  • Pension RAUM · $29.0M to $30.0M
    Nov 18, 2024 to Apr 4, 2025
  • RAUM · $1.1B to $1.1B
    Nov 18, 2024 to Apr 4, 2025
  • Wrap assets (manager) · $198M to $355M
    Nov 18, 2024 to Apr 4, 2025
  • Accounts · 2,796 to 2,816
    Mar 22, 2023 to Mar 5, 2024
  • Corporate clients · 32 to 33
    Mar 22, 2023 to Mar 5, 2024
  • HNW clients · 675 to 678
    Mar 22, 2023 to Mar 5, 2024
Signals
4 dated events
  • Joseph Allen Simpson left Barnes Pettey Financial Advisors, Llc for Eversource Wealth Advisors, Llc (registered 2026-01-23)
    Oct 18, 2023 · Advisor changed firm · fact
  • Alaine Janea Burgess (Chief Compliance Officer) appeared on Schedule A of Barnes Pettey Financial Advisors, Llc
    Feb 24, 2020 · Control person joined · fact
  • Kelley Julie Flowers (Chief Compliance Officer) no longer on Schedule A of Barnes Pettey Financial Advisors, Llc (listed 2019-01-08, absent 2019-03-23)
    Mar 23, 2019 · Control person left · inference
  • Arthur Gerald Smith (Managing Member) appeared on Schedule A of Barnes Pettey Financial Advisors, Llc
    Mar 23, 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
601-981-4479reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
662-229-0919reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
662-229-9939reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
LINKEDIN.COM/COMPANY/BARNES-PETTEY-FINANCIAL-ADVISORS-LLCreportedpublic record, Form ADV, Sep 17, 2026
Website
BARNESPETTEY.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
662-627-2225reportedpublic record, Form ADV, Aug 20, 2026
Contact form
BARNESPETTEY.COM/contactreportedpublished by the firm, firm site, Sep 15, 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
$164Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026