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
Fortune Financial Advisors, LLC
Latest filing Mar 18, 2026
First filing on the tape Feb 6, 2012 · 29 filings
SEC status approved since Nov 14, 2013
RAUM
$323M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
81%
$262M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$64.5M
derived; firm RAUM over IAPD count
Employees
6
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$323M as of Mar 18, 2026
Feb 6, 2012$38.7M then
HNW client RAUM$225M as of Mar 18, 2026
Feb 21, 2018$49.9M then
State-registered IARs (5.B.3)5 as of Mar 18, 2026
Feb 6, 20120 then
Employees (5.A)6 as of Mar 18, 2026
Mar 7, 20145 then
Private funds: no history
RAUM +59% over the last fiscal year+0.6% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Mar 18, 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
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $64.5MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 41derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.7MderivedHNW RAUM over HNW clients
- Average account
- $528,852derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.2derivedItem 5.A over advisors
- Advisors per office
- 5.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +59%derivedbetween the last two annual amendments
- Advisor growth, one year
- +25%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +16%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Custody
- $66.1M, 129 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)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$225M70%
- Corporations and businesses$60.8M19%
- Individuals$36.4M11%
- Individual clients
- 122reported
- HNW clients
- 84reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 610reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $66.1M for 129 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.81 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Dennis Leon Wallace | Overland Park, Ks | Dec 2, 2008 | 37 y | 3 |
| Lawrence Edward Hamtil | Overland Park, Ks | Dec 17, 2008 | 20 y | 1 |
| Stanley Ray Stark | Overland Park, Ks | Jan 9, 2015 | 27 y | 0 |
| Kelli C Harpe | Overland Park, Ks | Nov 23, 2024 | 34 y | 1 |
| Jon Albarelli | Overland Park, Ks | Apr 16, 2025 | 13 y | 1 |
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 headcount2 left over 36 months
Left, latest
- Jacob Michael Bossert to Konza Global Wealth GroupSep 30, 2024 · RIA to a newly registered adviser
- David W Freisner to Konza Global Wealth GroupSep 30, 2024 · RIA to a newly registered adviser
- Jimmy Ray Turner to Sii Investments, Inc.Jun 14, 2018 · Other
Joined, latest
- Jon Albarelli from Edward JonesApr 16, 2025 · Affiliated broker-dealer or bank to independent RIA
- Kelli C Harpe from Open Road Wealth Management, LLCNov 23, 2024 · Other
- Jimmy Ray Turner from Waddell & ReedMay 9, 2012 · Other
- David W Freisner from Principal Securities, Inc.Mar 1, 2012 · Other
- Lawrence Edward Hamtil from Cetera Advisors LLCDec 17, 2008 · Other
- Dennis Leon Wallace from Cetera Advisors LLCDec 2, 2008 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Konza Global Wealth GroupSep 30, 2024 · Overland Park, Ks
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Edward Lawrence Hamtil · Member, Ciocontrolsince 11/2007 · owns 10% to 25%
- Michelle Roxanna Noland · Membercontrolsince 11/2007 · owns 10% to 25%
- Leon Dennis Wallace · Managing Partner / Ceo / Ccocontrolsince 11/2007 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Overland Park, Ks · principal | 5 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
4 against comparable advisers; where to look, not conclusions
- wealth to institutional shiftCombination · filing Mar 18, 2026private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $202,370,734 to $322,599,546, advisors 4 to 5, private clients 178 to 206, offices 0 to 0 (2025-03-14 to 2026-03-18)peers: independent wealth managers, $100M to $500M (5,676)
- client mix shiftChange between filings · filing Mar 18, 2026private-client share of RAUM moved from 100.0% to 81.0% between the annual amendments of 2025-03-14 and 2026-03-18peers: independent wealth managers, $100M to $500M (5,676)
- institutional asset share shiftChange between filings · filing Mar 18, 2026institutional share of RAUM moved from 0.0% to 19.0% between the annual amendments of 2025-03-14 and 2026-03-18peers: independent wealth managers, $100M to $500M (5,676)
- RAUM up 50 %Change between filings · filing Mar 18, 2026RAUM (Item 5.F) moved from $202,370,734 to $322,599,546 (+59.0%) between the annual amendments of 2025-03-14 and 2026-03-18; the peer median change was +15.0% (4551 comparable advisers, 97.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,551) · 97% percentile
What changed
consecutive filings, newest first
- Accounts · 564 to 610Dec 2, 2025 to Mar 18, 2026
- Advisory employees · 5 to 6Dec 2, 2025 to Mar 18, 2026
- HNW clients · 64 to 84Dec 2, 2025 to Mar 18, 2026
- Individual clients · 114 to 122Dec 2, 2025 to Mar 18, 2026
- Assets in custody · $55.1M to $66.1MDec 2, 2025 to Mar 18, 2026
- Employees · 5 to 6Dec 2, 2025 to Mar 18, 2026
- State-registered IARs · 4 to 5Dec 2, 2025 to Mar 18, 2026
- Discretionary RAUM · $202M to $313MDec 2, 2025 to Mar 18, 2026
- HNW RAUM · $167M to $225MDec 2, 2025 to Mar 18, 2026
- Individual RAUM · $35.9M to $36.4MDec 2, 2025 to Mar 18, 2026
- Non-discretionary RAUM · $234,427 to $9.2MDec 2, 2025 to Mar 18, 2026
- RAUM · $202M to $323MDec 2, 2025 to Mar 18, 2026
- Accounts · 787 to 564Oct 31, 2024 to Mar 14, 2025
- Advisory employees · 8 to 5Oct 31, 2024 to Mar 14, 2025
- Advisory activities · 3 to 2Oct 31, 2024 to Mar 14, 2025
- HNW clients · 75 to 64Oct 31, 2024 to Mar 14, 2025
- Individual clients · 198 to 114Oct 31, 2024 to Mar 14, 2025
- Pension plan clients · 7.0 to unsetOct 31, 2024 to Mar 14, 2025
- Assets in custody · $92.8M to $55.1MOct 31, 2024 to Mar 14, 2025
- Employees · 8 to 5Oct 31, 2024 to Mar 14, 2025
- Financial planning clients · 26-50 to 26-50Oct 31, 2024 to Mar 14, 2025
- State-registered IARs · 5 to 4Oct 31, 2024 to Mar 14, 2025
- Discretionary RAUM · $212M to $202MOct 31, 2024 to Mar 14, 2025
- HNW RAUM · $196M to $167MOct 31, 2024 to Mar 14, 2025
- Individual RAUM · $60.0M to $35.9MOct 31, 2024 to Mar 14, 2025
- Non-discretionary RAUM · $157M to $234,427Oct 31, 2024 to Mar 14, 2025
- Pension RAUM · 112689742.0 to unsetOct 31, 2024 to Mar 14, 2025
- RAUM · $369M to $202MOct 31, 2024 to Mar 14, 2025
- Accounts · 714 to 787Feb 10, 2023 to Mar 23, 2024
- HNW clients · 64 to 75Feb 10, 2023 to Mar 23, 2024
- Individual clients · 195 to 198Feb 10, 2023 to Mar 23, 2024
- Assets in custody · $55.1M to $92.8MFeb 10, 2023 to Mar 23, 2024
- Custody of client assets · false to trueFeb 10, 2023 to Mar 23, 2024
- Discretionary RAUM · $183M to $212MFeb 10, 2023 to Mar 23, 2024
- HNW RAUM · $170M to $196MFeb 10, 2023 to Mar 23, 2024
- Individual RAUM · $57.2M to $60.0MFeb 10, 2023 to Mar 23, 2024
- Non-discretionary RAUM · $134M to $157MFeb 10, 2023 to Mar 23, 2024
- Pension RAUM · $89.6M to $113MFeb 10, 2023 to Mar 23, 2024
- RAUM · $317M to $369MFeb 10, 2023 to Mar 23, 2024
- Accounts · 687 to 714Mar 2, 2022 to Feb 10, 2023
Signals
6 dated events
- Fortune Financial Advisors, Llc reported RAUM $322.6M, up 59% from $202.4M (2025-12-02 to 2026-03-18)Mar 18, 2026 · RAUM change · derived
- Fortune Financial Advisors, Llc reported RAUM $202.4M, down 45% from $369.0M (2024-10-31 to 2025-03-14)Mar 14, 2025 · RAUM change · derived
- Jacob Michael Bossert left Fortune Financial Advisors, Llc for Konza Global Wealth Group (registered 2024-07-03)Sep 30, 2024 · Advisor changed firm · fact
- David W Freisner left Fortune Financial Advisors, Llc for Konza Global Wealth Group (registered 2024-07-08)Sep 30, 2024 · Advisor changed firm · fact
- 2 advisors left Fortune Financial Advisors, LLC (Overland Park, KS) for Konza Global Wealth Group on the same daySep 30, 2024 · Team lift-out · derived
- Fortune Financial Advisors, Llc filed its initial SEC registration (Form ADV)Oct 18, 2013 · First SEC registration · 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
- 913-393-0038reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- FORTUNEFINANCIALADVISORS.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 913-393-0038reportedpublic record, Form ADV, Mar 18, 2026
- Contact form
- FORTUNEFINANCIALADVISORS.COM/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- FORTUNEFINANCIALADVISORS.COM/about/meet-the-teamreportedpublished 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
- $64.5Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026