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
Advantage Investment Management
Legal name Garton And Associates Financial Advisors LLC
Latest filing Aug 12, 2026
First filing on the tape Apr 1, 2022 · 11 filings
SEC status approved since May 2, 2022
RAUM
$215M
reported, Item 5.F
Discretionary
78%
of RAUM
Private clients
85%
$183M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$43.1M
derived; firm RAUM over IAPD count
Employees
10
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$215M as of Aug 12, 2026
Apr 3, 2023$137M then
HNW client RAUM$111M as of Aug 12, 2026
Apr 3, 2023$86.4M then
State-registered IARs (5.B.3)5 as of Aug 12, 2026
Apr 3, 20234 then
Employees (5.A)10 as of Aug 12, 2026
Apr 3, 20238 then
Private funds: no history
RAUM +17% over the last fiscal year+16% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Aug 12, 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
- $43.1MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 71derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.6MderivedHNW RAUM over HNW clients
- Average account
- $583,675derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 78%derivedof RAUM
- Institutional
- 15%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 2.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +17%derivedbetween the last two annual amendments
- Advisor growth, one year
- +25%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -3.0%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for pooled vehicles, pension consultingreportedItem 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)
- compensates persons for client referrals (8.G.1)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$111M51%
- Individuals$72.7M34%
- Pension and profit-sharing plans$25.0M12%
- Charitable organizations$7.1M3.3%
- Corporations and businesses$31,7470.0%
- Individual clients
- 310reported
- HNW clients
- 43reported
- Pension plan clients
- 8reported
- Charitable clients
- 4reported
- Accounts
- 369reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.85 fund_share=0.0 institutional_share=0.15 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 |
|---|---|---|---|---|
| Donald Lee GartonCertified Financial Planner, Chartered Financial Consultant | Louisville, Ky | Oct 25, 2010 | 35 y | 3 |
| William Thomas Fowler | Louisville, Ky | Nov 20, 2020 | 28 y | 2 |
| Michael Joseph Garton | Louisville, Ky | Feb 6, 2025 | 10 y | 1 |
| Lisa Carol HeffleyChartered Financial Consultant | Louisville, Ky | Feb 6, 2025 | 37 y | 0 |
| Michael Alexander Cole | Louisville, Ky | Jun 1, 2025 | 12 y | 0 |
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
- Michael Matzner to Ally Invest AdvisorsDec 4, 2019 · RIA to RIA
Joined, latest
- Michael Joseph Garton from Benchmark Advisory Services, LLCFeb 6, 2025 · RIA to RIA
- William Thomas Fowler from Commonwealth Financial Advisors, LLCNov 20, 2020 · Other
- Donald Lee Garton from Osaic Fs, Inc.Oct 25, 2010 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Lee Donald Garton · Managing Partner, Chief Compliance Officercontrolsince 12/2004 · owns 75% or more
- Joseph Michael Garton · Part Ownersince 01/2020 · owns less than 5%
- Kathleen Mounce · Partnersince 11/2005 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Louisville, Ky · principal | 5 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Louisville, KY1 employees
What changed
consecutive filings, newest first
- Accounts · 386 to 369Mar 21, 2025 to Mar 25, 2026
- Advisory employees · 4 to 5Mar 21, 2025 to Mar 25, 2026
- Charity clients · 5 to 4Mar 21, 2025 to Mar 25, 2026
- Corporate clients · 6 to 4Mar 21, 2025 to Mar 25, 2026
- HNW clients · 39 to 43Mar 21, 2025 to Mar 25, 2026
- Individual clients · 325 to 310Mar 21, 2025 to Mar 25, 2026
- Pension plan clients · 11 to 8Mar 21, 2025 to Mar 25, 2026
- Employees · 8 to 10Mar 21, 2025 to Mar 25, 2026
- State-registered IARs · 4 to 5Mar 21, 2025 to Mar 25, 2026
- Discretionary RAUM · $141M to $168MMar 21, 2025 to Mar 25, 2026
- HNW RAUM · $91.4M to $111MMar 21, 2025 to Mar 25, 2026
- Individual RAUM · $68.2M to $72.7MMar 21, 2025 to Mar 25, 2026
- Non-discretionary RAUM · $43.5M to $47.5MMar 21, 2025 to Mar 25, 2026
- Pension RAUM · $20.0M to $25.0MMar 21, 2025 to Mar 25, 2026
- RAUM · $185M to $215MMar 21, 2025 to Mar 25, 2026
- Accounts · 372 to 386Aug 29, 2024 to Mar 21, 2025
- Charity clients · 6 to 5Aug 29, 2024 to Mar 21, 2025
- Corporate clients · 7 to 6Aug 29, 2024 to Mar 21, 2025
- HNW clients · 94 to 39Aug 29, 2024 to Mar 21, 2025
- Individual clients · 257 to 325Aug 29, 2024 to Mar 21, 2025
- Pension plan clients · 7 to 11Aug 29, 2024 to Mar 21, 2025
- Pooled vehicle clients · 1 to 0Aug 29, 2024 to Mar 21, 2025
- Financial planning clients · 26-50 to 1-10Aug 29, 2024 to Mar 21, 2025
- Discretionary RAUM · $102M to $141MAug 29, 2024 to Mar 21, 2025
- HNW RAUM · $104M to $91.4MAug 29, 2024 to Mar 21, 2025
- Individual RAUM · $31.9M to $68.2MAug 29, 2024 to Mar 21, 2025
- Non-discretionary RAUM · $57.7M to $43.5MAug 29, 2024 to Mar 21, 2025
- Pension RAUM · $18.8M to $20.0MAug 29, 2024 to Mar 21, 2025
- Pooled vehicle RAUM · $502,473 to $0Aug 29, 2024 to Mar 21, 2025
- RAUM · $160M to $185MAug 29, 2024 to Mar 21, 2025
- Accounts · 806 to 372Apr 3, 2023 to Mar 29, 2024
- Advisory activities · 2 to 4Apr 3, 2023 to Mar 29, 2024
- Charity clients · unset to 6.0Apr 3, 2023 to Mar 29, 2024
- Corporate clients · unset to 7.0Apr 3, 2023 to Mar 29, 2024
- HNW clients · 106 to 94Apr 3, 2023 to Mar 29, 2024
- Individual clients · 332 to 257Apr 3, 2023 to Mar 29, 2024
- Pension plan clients · 9 to 7Apr 3, 2023 to Mar 29, 2024
- Discretionary RAUM · $104M to $102MApr 3, 2023 to Mar 29, 2024
- HNW RAUM · $86.4M to $104MApr 3, 2023 to Mar 29, 2024
- Individual RAUM · $29.8M to $31.9MApr 3, 2023 to Mar 29, 2024
Signals
1 dated events
- Advantage Investment Management filed its initial SEC registration (Form ADV)Apr 1, 2022 · 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 email
- info@aim-rps.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 502-212-3000reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/11051983reportedpublic record, Form ADV, Sep 17, 2026
- Website
- AIM-RPS.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 502-212-3000reportedpublic record, Form ADV, Aug 12, 2026
- Contact form
- aim-rps.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
- Team page
- aim-rps.com/team-member-01reportedpublished by the firm, firm site, Sep 16, 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
- $43.1Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026