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

N•••••• W••••• M•••••••••

Former SEC-registered adviserGreen Bay, WisconsinCRD 145458SEC 801-114856websiteIAPD
Legal name N••••••• L••
Latest filing Feb 10, 2025
First filing on the tape Feb 15, 2019 · 15 filings
SEC status approved since Mar 15, 2019
RAUM
$188M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$188M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$188M as of Feb 10, 2025
Feb 26, 2020$133M then
HNW client RAUM$143M as of Feb 10, 2025
Feb 26, 2020$95.1M then
State-registered IARs (5.B.3)2 as of Feb 10, 2025
Feb 26, 20203 then
Employees (5.A)2 as of Feb 10, 2025
Feb 26, 20203 then
Private funds: no history
RAUM +11% over the last fiscal year+0.9% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Feb 10, 2025; every figure names its basis
RAUM per advisor
$93.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
110derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.4MderivedHNW RAUM over HNW clients
Average account
$311,943derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.3%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 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$143M76%
  • Individuals$44.8M24%
Individual clients
177reported
HNW clients
42reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
602reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • N••••• B••••••• G••• · Chief Compliance Officer / Managing Membercontrol
    since 04/2008 · owns 75% or more
  • N••••• T•••• W•••••• · Member
    since 01/2018 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Sheboygan Falls, Wi000
Wausau, Wi000
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 568 to 602
    Feb 12, 2024 to Feb 10, 2025
  • HNW clients · 40 to 42
    Feb 12, 2024 to Feb 10, 2025
  • Individual clients · 174 to 177
    Feb 12, 2024 to Feb 10, 2025
  • Discretionary RAUM · $169M to $188M
    Feb 12, 2024 to Feb 10, 2025
  • HNW RAUM · $126M to $143M
    Feb 12, 2024 to Feb 10, 2025
  • Individual RAUM · $42.9M to $44.8M
    Feb 12, 2024 to Feb 10, 2025
  • RAUM · $169M to $188M
    Feb 12, 2024 to Feb 10, 2025
  • Accounts · 508 to 568
    Feb 3, 2023 to Feb 10, 2024
  • HNW clients · 30 to 40
    Feb 3, 2023 to Feb 10, 2024
  • Individual clients · 157 to 174
    Feb 3, 2023 to Feb 10, 2024
  • Employees · 3 to 2
    Feb 3, 2023 to Feb 10, 2024
  • Discretionary RAUM · $141M to $169M
    Feb 3, 2023 to Feb 10, 2024
  • HNW RAUM · $100M to $126M
    Feb 3, 2023 to Feb 10, 2024
  • Individual RAUM · $40.7M to $42.9M
    Feb 3, 2023 to Feb 10, 2024
  • RAUM · $141M to $169M
    Feb 3, 2023 to Feb 10, 2024
  • Accounts · 750 to 508
    Jul 12, 2022 to Feb 2, 2023
  • HNW clients · 45 to 30
    Jul 12, 2022 to Feb 2, 2023
  • Individual clients · 262 to 157
    Jul 12, 2022 to Feb 2, 2023
  • Discretionary RAUM · $183M to $141M
    Jul 12, 2022 to Feb 2, 2023
  • HNW RAUM · $129M to $100M
    Jul 12, 2022 to Feb 2, 2023
  • Individual RAUM · $54.4M to $40.7M
    Jul 12, 2022 to Feb 2, 2023
  • RAUM · $183M to $141M
    Jul 12, 2022 to Feb 2, 2023
  • Advisory employees · 3 to 2
    Mar 12, 2022 to Jul 12, 2022
  • State-registered IARs · 3 to 2
    Mar 12, 2022 to Jul 12, 2022
  • Accounts · 687 to 750
    Nov 3, 2021 to Mar 11, 2022
  • HNW clients · 42 to 45
    Nov 3, 2021 to Mar 11, 2022
  • Individual clients · 243 to 262
    Nov 3, 2021 to Mar 11, 2022
  • Discretionary RAUM · $161M to $183M
    Nov 3, 2021 to Mar 11, 2022
  • HNW RAUM · $108M to $129M
    Nov 3, 2021 to Mar 11, 2022
  • Individual RAUM · $52.7M to $54.4M
    Nov 3, 2021 to Mar 11, 2022
  • RAUM · $161M to $183M
    Nov 3, 2021 to Mar 11, 2022
  • Other offices · 2 to 1
    Feb 10, 2021 to May 27, 2021
  • Accounts · 718 to 687
    Jun 24, 2020 to Feb 9, 2021
  • HNW clients · 38 to 42
    Jun 24, 2020 to Feb 9, 2021
  • Individual clients · 237 to 243
    Jun 24, 2020 to Feb 9, 2021
  • Discretionary RAUM · $133M to $161M
    Jun 24, 2020 to Feb 9, 2021
  • HNW RAUM · $95.1M to $108M
    Jun 24, 2020 to Feb 9, 2021
  • Individual RAUM · $37.6M to $52.7M
    Jun 24, 2020 to Feb 9, 2021
  • RAUM · $133M to $161M
    Jun 24, 2020 to Feb 9, 2021
  • Accounts · 622 to 718
    Feb 15, 2019 to Feb 26, 2020
Signals
6 dated events
  • N•••••• W••••• M••••••••• no longer on the SEC adviser roster (last listed 2025-05-02, RAUM $187.8M)
    Jun 2, 2025 · Left the SEC roster · derived
  • B•••• J••• V••••• left N•••••• W••••• M••••••••• for B•••••••• F•••••••• A••••••• (registered 2025-04-16)
    May 20, 2025 · Advisor changed firm · fact
  • B•••••• G••• N•••• left N•••••• W••••• M••••••••• for B•••••••• F•••••••• A••••••• (registered 2025-04-15)
    May 20, 2025 · Advisor changed firm · fact
  • 2 advisors left N•••••• W••••• M••••••••• (Wausau, WI) for B•••••••• F•••••••• A••••••• on the same day
    May 20, 2025 · Team lift-out · derived
  • C••••••••• L•• W••••• left N•••••• W••••• M••••••••• for A••••••• S••••••• N•••••• (registered 2022-04-21)
    Apr 22, 2022 · Advisor changed firm · fact
  • N•••••• W••••• M••••••••• filed its initial SEC registration (Form ADV)
    Feb 15, 2019 · ria f•••• adv filing · fact
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