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

Portfolio Wealth Advisors

Independent wealth managerAlbuquerque, New MexicoCRD 145687SEC 801-68615websiteIAPD
Legal name Portfolio, LLC
Latest filing Jan 7, 2026
First filing on the tape Apr 2, 2012 · 27 filings
SEC status approved since Jan 2, 2008
RAUM
$395M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$393M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$395M
derived; firm RAUM over IAPD count
Employees
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$395M as of Jan 7, 2026
Apr 2, 2012$177M then
HNW client RAUM$317M as of Jan 7, 2026
Jan 25, 2018$123M then
State-registered IARs (5.B.3)1 as of Jan 7, 2026
Apr 2, 20120 then
Employees (5.A)3 as of Jan 7, 2026
Mar 26, 20136 then
Private funds: no history
RAUM +6.0% over the last fiscal year+15% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Jan 7, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$395MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
283derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.4MderivedHNW RAUM over HNW clients
Average account
$519,654derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+6.0%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.4%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, otherreportedItem 5.G
Wrap fee program
$395MreportedItem 5.I
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$317M80%
  • Individuals$76.6M19%
  • Other investment advisers$2.1M0.5%
Individual clients
189reported
HNW clients
94reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
761reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=0.99 fund_share=0.01 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Lee Eugene MunsonCertified Financial Planner, Chartered Financial AnalystAlbuquerque, NmJan 2, 200828 y1
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 headcount0 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Eugene Lee Munson · Managing Member & Chief Compliance Officercontrol
    since 01/2008 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 750 to 761
    Jan 10, 2025 to Jan 7, 2026
  • HNW clients · 112 to 94
    Jan 10, 2025 to Jan 7, 2026
  • Individual clients · 170 to 189
    Jan 10, 2025 to Jan 7, 2026
  • Discretionary RAUM · $373M to $395M
    Jan 10, 2025 to Jan 7, 2026
  • HNW RAUM · $256M to $317M
    Jan 10, 2025 to Jan 7, 2026
  • Individual RAUM · $118M to $76.6M
    Jan 10, 2025 to Jan 7, 2026
  • RAUM · $373M to $395M
    Jan 10, 2025 to Jan 7, 2026
  • Accounts · 718 to 750
    Feb 14, 2024 to Jan 10, 2025
  • HNW clients · 86 to 112
    Feb 14, 2024 to Jan 10, 2025
  • Individual clients · 180 to 170
    Feb 14, 2024 to Jan 10, 2025
  • Financial planning clients · 0 to 0
    Feb 14, 2024 to Jan 10, 2025
  • Discretionary RAUM · $304M to $373M
    Feb 14, 2024 to Jan 10, 2025
  • HNW RAUM · $216M to $256M
    Feb 14, 2024 to Jan 10, 2025
  • Individual RAUM · $87.9M to $118M
    Feb 14, 2024 to Jan 10, 2025
  • RAUM · $304M to $373M
    Feb 14, 2024 to Jan 10, 2025
  • Accounts · 685 to 718
    Sep 22, 2023 to Jan 4, 2024
  • HNW clients · 80 to 86
    Sep 22, 2023 to Jan 4, 2024
  • Individual clients · 171 to 180
    Sep 22, 2023 to Jan 4, 2024
  • Discretionary RAUM · $258M to $304M
    Sep 22, 2023 to Jan 4, 2024
  • HNW RAUM · $179M to $216M
    Sep 22, 2023 to Jan 4, 2024
  • Individual RAUM · $79.4M to $87.9M
    Sep 22, 2023 to Jan 4, 2024
  • RAUM · $258M to $304M
    Sep 22, 2023 to Jan 4, 2024
  • Accounts · 621 to 685
    Nov 30, 2022 to Jan 4, 2023
  • Charity clients · unset to 0.0
    Nov 30, 2022 to Jan 4, 2023
  • HNW clients · 72 to 80
    Nov 30, 2022 to Jan 4, 2023
  • Individual clients · 168 to 171
    Nov 30, 2022 to Jan 4, 2023
  • Discretionary RAUM · $285M to $258M
    Nov 30, 2022 to Jan 4, 2023
  • HNW RAUM · $192M to $179M
    Nov 30, 2022 to Jan 4, 2023
  • Individual RAUM · $92.8M to $79.4M
    Nov 30, 2022 to Jan 4, 2023
  • RAUM · $285M to $258M
    Nov 30, 2022 to Jan 4, 2023
  • Accounts · 588 to 621
    Oct 9, 2021 to Jan 14, 2022
  • Advisory employees · 2 to 1
    Oct 9, 2021 to Jan 14, 2022
  • Corporate clients · unset to 0.0
    Oct 9, 2021 to Jan 14, 2022
  • HNW clients · 68 to 72
    Oct 9, 2021 to Jan 14, 2022
  • Individual clients · 147 to 168
    Oct 9, 2021 to Jan 14, 2022
  • Pension plan clients · unset to 0.0
    Oct 9, 2021 to Jan 14, 2022
  • Pooled vehicle clients · unset to 0.0
    Oct 9, 2021 to Jan 14, 2022
  • Employees · 4 to 3
    Oct 9, 2021 to Jan 14, 2022
  • Discretionary RAUM · $216M to $285M
    Oct 9, 2021 to Jan 14, 2022
  • HNW RAUM · $148M to $192M
    Oct 9, 2021 to Jan 14, 2022
Signals
1 dated events
  • Portfolio Wealth Advisors reported RAUM $158.7M, down 40% from $264.3M (2018-01-25 to 2019-03-06)
    Mar 6, 2019 · 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
Business phone
505-884-3445reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
LINKEDIN.COM/COMPANY/495155reportedpublic record, Form ADV, Sep 17, 2026
Website
PORTFOLIOLLC.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
505-884-3445reportedpublic record, Form ADV, Jan 7, 2026
Contact form
portfoliollc.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
portfoliollc.com/leadership-mainreportedpublished 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
$395Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026