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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SEC-registered adviser

R••••• A••••••••• M••••••••• L•••

Asset manager (funds and pooled vehicles)Dallas, TexasCRD 145543SEC 801-69133websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 22 filings
SEC status approved since May 12, 2008
RAUM
$54.5M
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
11
2 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$54.5M as of Mar 31, 2026
Mar 30, 2012$154M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Apr 1, 20131 then
Employees (5.A)11 as of Mar 31, 2026
Apr 1, 201317 then
Private funds: no history
RAUM +15% over the last fiscal year-31% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
$54.5MderivedRAUM 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
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 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)
  • 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
  • Investment companies$54.5M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
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=true 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
      • D•• V••••••• J•••• F•••• · Portfolio Managercontrol
        since 08/2007 · owns less than 5%
      • L••••••••• B••••••• H••• · Portfolio Managercontrol
        since 09/2010 · owns less than 5%
      • M•••••••• W•••••• C••••••• · General Counsel & Chief Compliance Officercontrol
        since 01/2021 · owns less than 5%
      • T•••••••• I••• J•••••• W••••••• · Cfo/Coocontrol
        since 10/2023 · owns less than 5%
      • D•• V••••••• J•••• F•••• · Membercontrol
        since 08/2007 · owns 50% to 75% of S••• D••••• B••••• L••
      • L••••••••• B••••••• H••• · Membercontrol
        since 09/2010 · owns 50% to 75% of S••• D••••• B••••• L••
      • M•••••• G••• · Ownercontrol
        since 02/1998 · owns 50% to 75% of F•••• U••••• B••• A•• T•••• C••••••
      Entity owners
      • R••••• A•••• M••••••••• C••••••• L•• · Limited Partner
        direct · owns 25% to 50%
      • R••••• G• S•••••••• L•• · General Partner
        direct · owns less than 5%
      • S••• D••••• B••••• L•• · Revenue Interest
        direct · owns 75% or more
      • F•••• U••••• B••• A•• T•••• C•••••• · Member
        indirect · owns F of R••••• A•••• M••••••••• C••••••• L••
      • R••••• A•••• M••••••••• C••••••• L•• · Member
        indirect · owns 75% or more of R••••• G• S•••••••• L••
      Related persons
      Schedule D 7.A
      Advisers that list R••••• A••••••••• M••••••••• L••• as a related person
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Atlanta, Ga000
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $47.5M to $54.5M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $47.5M to $54.5M
        Mar 31, 2025 to Mar 31, 2026
      • Employees · 10 to 11
        Mar 28, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 31, 2025
      • Discretionary RAUM · $69.1M to $47.5M
        Mar 28, 2024 to Mar 31, 2025
      • RAUM · $69.1M to $47.5M
        Mar 28, 2024 to Mar 31, 2025
      • Related bank · false to true
        Mar 28, 2024 to Mar 31, 2025
      • Employees · 9 to 10
        Nov 14, 2023 to Mar 28, 2024
      • Discretionary RAUM · $102M to $69.1M
        Nov 14, 2023 to Mar 28, 2024
      • RAUM · $102M to $69.1M
        Nov 14, 2023 to Mar 28, 2024
      • Discretionary RAUM · $164M to $102M
        Mar 31, 2023 to Nov 14, 2023
      • RAUM · $164M to $102M
        Mar 31, 2023 to Nov 14, 2023
      • Employees · 14 to 9
        Jan 6, 2023 to Mar 31, 2023
      • Discretionary RAUM · $74.3M to $164M
        Jan 6, 2023 to Mar 31, 2023
      • RAUM · $74.3M to $164M
        Jan 6, 2023 to Mar 31, 2023
      • Related bank · true to false
        Jan 6, 2023 to Mar 31, 2023
      • Discretionary RAUM · $59.7M to $74.3M
        Mar 23, 2021 to Mar 31, 2022
      • RAUM · $59.7M to $74.3M
        Mar 23, 2021 to Mar 31, 2022
      • Employees · 18 to 14
        Apr 2, 2020 to Mar 23, 2021
      • Insurance-licensed employees · 1 to 0
        Apr 2, 2020 to Mar 23, 2021
      • State-registered IARs · 1 to 0
        Apr 2, 2020 to Mar 23, 2021
      • Other offices · 0 to 2
        Apr 2, 2020 to Mar 23, 2021
      • Discretionary RAUM · $111M to $59.7M
        Apr 2, 2020 to Mar 23, 2021
      • RAUM · $111M to $59.7M
        Apr 2, 2020 to Mar 23, 2021
      • Related bank · false to true
        Apr 2, 2020 to Mar 23, 2021
      • Other offices · 1 to 0
        Jul 31, 2019 to Apr 2, 2020
      • Discretionary RAUM · $141M to $111M
        Jul 31, 2019 to Apr 2, 2020
      • RAUM · $141M to $111M
        Jul 31, 2019 to Apr 2, 2020
      • Employees · 19 to 18
        Aug 2, 2018 to Mar 27, 2019
      • Discretionary RAUM · $151M to $141M
        Aug 2, 2018 to Mar 27, 2019
      • RAUM · $151M to $141M
        Aug 2, 2018 to Mar 27, 2019
      • Discretionary RAUM · $9.1M to $151M
        Mar 31, 2018 to Aug 2, 2018
      • RAUM · $9.1M to $151M
        Mar 31, 2018 to Aug 2, 2018
      • Employees · 16 to 19
        Mar 31, 2017 to Mar 31, 2018
      • Other offices · unset to 1.0
        Mar 31, 2017 to Mar 31, 2018
      • Discretionary RAUM · $166M to $9.1M
        Mar 31, 2017 to Mar 31, 2018
      • RAUM · $166M to $9.1M
        Mar 31, 2017 to Mar 31, 2018
      • BD registered reps · 2 to 0
        Apr 29, 2016 to Mar 31, 2017
      • Employees · 15 to 16
        Apr 29, 2016 to Mar 31, 2017
      • State-registered IARs · 3 to 1
        Apr 29, 2016 to Mar 31, 2017
      Signals
      13 dated events
      • David Wayne Tice no longer registered at R••••• A••••••••• M••••••••• L•••; no later IA registration on IAPD
        Dec 31, 2024 · Advisor departure · fact
      • Scott Kenneth Canon (Limited Partner) no longer on Schedule A of R••••• A••••••••• M••••••••• L••• (listed 2023-03-31, absent 2023-11-14)
        Nov 14, 2023 · Control person left · inference
      • Scott Peter Carlsen (Cfo/Coo) no longer on Schedule A of R••••• A••••••••• M••••••••• L••• (listed 2023-03-31, absent 2023-11-14)
        Nov 14, 2023 · Control person left · inference
      • Whitaker Joseph Iii Thompson (Cfo/Coo) appeared on Schedule A of R••••• A••••••••• M••••••••• L•••
        Nov 14, 2023 · Control person joined · fact
      • Greg Massey (Owner) appeared on Schedule A of R••••• A••••••••• M••••••••• L•••
        Nov 14, 2023 · Control person joined · fact
      • Christopher Jason Elliott (Limited Partner) no longer on Schedule A of R••••• A••••••••• M••••••••• L••• (listed 2022-03-31, absent 2023-01-06)
        Jan 6, 2023 · Control person left · inference
      • Whitaker Joseph Iii Thompson (Coo/Cfo) no longer on Schedule A of R••••• A••••••••• M••••••••• L••• (listed 2021-03-23, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • James Nimrod Hacker (General Counsel) no longer on Schedule A of R••••• A••••••••• M••••••••• L••• (listed 2021-03-23, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • Scott Peter Carlsen (Cfo/Coo) appeared on Schedule A of R••••• A••••••••• M••••••••• L•••
        Mar 31, 2022 · Control person joined · fact
      • C••••••• W••••• Mcdowell (Chief Compliance Officer) appeared on Schedule A of R••••• A••••••••• M••••••••• L•••
        Mar 23, 2021 · Control person joined · fact
      • M••• H•••••• (Chief Compliance Officer) no longer on Schedule A of R••••• A••••••••• M••••••••• L••• (listed 2020-04-02, absent 2021-03-23)
        Mar 23, 2021 · Control person left · inference
      • M••• H•••••• (Chief Compliance Officer) appeared on Schedule A of R••••• A••••••••• M••••••••• L•••
        Mar 27, 2019 · Control person joined · fact
      • R••••• A••••••••• M••••••••• L••• reported RAUM $9.1M, down 95% from $165.6M (2017-03-31 to 2018-03-31)
        Mar 31, 2018 · RAUM change · derived
      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
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      214-871-5200reportedpublic record, Form ADV, Mar 31, 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