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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

S••••• F••••• L••

Asset manager (funds and pooled vehicles)Carmel, IndianaCRD 144782SEC 801-68332websiteIAPD
Latest filing Feb 25, 2026
First filing on the tape Mar 29, 2012 · 28 filings
SEC status approved since Sep 18, 2007
RAUM
$61.3M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$61.3M as of Feb 25, 2026
Mar 29, 2012$119M then
HNW client RAUM$0 as of Feb 25, 2026
Mar 22, 2018$0 then
State-registered IARs (5.B.3)0 as of Feb 25, 2026
Mar 29, 20120 then
Employees (5.A)7 as of Feb 25, 2026
Mar 27, 20136 then
Private funds: no history
RAUM +2.6% over the last fiscal year+18% a year over threeIARs 3 to 0
Practice profile
derived from the filing of Feb 25, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$61.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+2.6%derivedbetween the last two annual amendments
Advisor growth, one year
-100%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for investment companiesreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$61.3M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • A•••• R•••••• C••• · Portfolio Managercontrol
        since 09/2007 · owns 75% or more
      • B••••• R•••••• R••••• · Cheif Financial Officercontrol
        since 09/2007 · owns less than 5%
      • B••••• A•••••• L• · Chief Compliance Officercontrol
        since 03/2019 · owns less than 5%
      • B••••• R•••••• R••••• · Owner/Membercontrol
        since 04/2012 · owns 50% to 75% of S••••• B•••• C•••••• M••••••••• L••
      • G•••••••• D••••• S••••• · Owner/Membercontrol
        since 04/2012 · owns 50% to 75% of S••••• B•••• C•••••• M••••••••• L••
      Entity owners
      • S••••• B•••• C•••••• M••••••••• L•• · Member
        direct · owns 10% to 25%
      Related persons
      Schedule D 7.A
      Advisers that list S••••• F••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Employees · 9 to 7
        Nov 17, 2025 to Feb 25, 2026
      • Insurance-licensed employees · 3 to 0
        Nov 17, 2025 to Feb 25, 2026
      • State-registered IARs · 3 to 0
        Nov 17, 2025 to Feb 25, 2026
      • Discretionary RAUM · $59.8M to $61.3M
        Nov 17, 2025 to Feb 25, 2026
      • RAUM · $59.8M to $61.3M
        Nov 17, 2025 to Feb 25, 2026
      • Employees · 8 to 9
        Jul 29, 2025 to Nov 17, 2025
      • Related adviser · true to false
        Jul 29, 2025 to Nov 17, 2025
      • Financial planning clients · unset to
        Mar 27, 2025 to Jul 29, 2025
      • HQ city · INDIANAPOLIS to CARMEL
        Mar 27, 2025 to Jul 29, 2025
      • Discretionary RAUM · $51.8M to $59.8M
        Mar 26, 2024 to Mar 27, 2025
      • RAUM · $51.8M to $59.8M
        Mar 26, 2024 to Mar 27, 2025
      • Financial planning clients · 0 to unset
        Sep 6, 2023 to Mar 22, 2024
      • Discretionary RAUM · $36.9M to $51.8M
        Sep 6, 2023 to Mar 22, 2024
      • RAUM · $36.9M to $51.8M
        Sep 6, 2023 to Mar 22, 2024
      • Employees · 6 to 8
        Mar 23, 2022 to Mar 24, 2023
      • Discretionary RAUM · $26.0M to $36.9M
        Mar 23, 2022 to Mar 24, 2023
      • RAUM · $26.0M to $36.9M
        Mar 23, 2022 to Mar 24, 2023
      • Discretionary RAUM · $19.2M to $26.0M
        Mar 26, 2021 to Mar 23, 2022
      • RAUM · $19.2M to $26.0M
        Mar 26, 2021 to Mar 23, 2022
      • Discretionary RAUM · $25.2M to $19.2M
        Mar 16, 2020 to Mar 26, 2021
      • RAUM · $25.2M to $19.2M
        Mar 16, 2020 to Mar 26, 2021
      • Employees · 5 to 6
        May 16, 2019 to Mar 16, 2020
      • Insurance-licensed employees · 2 to 3
        May 16, 2019 to Mar 16, 2020
      • State-registered IARs · 2 to 3
        May 16, 2019 to Mar 16, 2020
      • Discretionary RAUM · $22.0M to $25.2M
        May 16, 2019 to Mar 16, 2020
      • RAUM · $22.0M to $25.2M
        May 16, 2019 to Mar 16, 2020
      • Discretionary RAUM · $31.5M to $22.0M
        Aug 1, 2018 to Mar 22, 2019
      • RAUM · $31.5M to $22.0M
        Aug 1, 2018 to Mar 22, 2019
      • Charity clients · unset to 0.0
        Mar 24, 2017 to Mar 22, 2018
      • Corporate clients · unset to 0.0
        Mar 24, 2017 to Mar 22, 2018
      • HNW clients · unset to 0.0
        Mar 24, 2017 to Mar 22, 2018
      • Individual clients · unset to 0.0
        Mar 24, 2017 to Mar 22, 2018
      • Pension plan clients · unset to 0.0
        Mar 24, 2017 to Mar 22, 2018
      • Pooled vehicle clients · unset to 0.0
        Mar 24, 2017 to Mar 22, 2018
      • Other offices · unset to 0.0
        Mar 24, 2017 to Mar 22, 2018
      • Discretionary RAUM · $25.7M to $31.5M
        Mar 24, 2017 to Mar 22, 2018
      • HNW RAUM · unset to 0.0
        Mar 24, 2017 to Mar 22, 2018
      • Individual RAUM · unset to 0.0
        Mar 24, 2017 to Mar 22, 2018
      • Pension RAUM · unset to 0.0
        Mar 24, 2017 to Mar 22, 2018
      • Pooled vehicle RAUM · unset to 0.0
        Mar 24, 2017 to Mar 22, 2018
      Signals
      1 dated events
      • Lynn Audrey Kurzawa (Chief Compliance Officer) appeared on Schedule A of S••••• F••••• L••
        Apr 25, 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
      Firm profile
      linkedin.com/company/sbauer-funds-llcreportedpublic record, Form ADV, Sep 18, 2026
      Website
      S•••••FUNDS.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      317-814-5000reportedpublic record, Form ADV, Feb 25, 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
      Asset manager (funds and pooled vehicles)deriveda 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