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SEC-registered adviser

S•••••• C•••••• M•••••••••

Other adviserDallas, TexasCRD 146883SEC 801-69447websiteIAPD
Legal name S•••••• C•••••• M••••••••• L••
Latest filing Mar 27, 2026
First filing on the tape Mar 9, 2012 · 20 filings
SEC status approved since Aug 4, 2008
RAUM
$239M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
15%
$36.7M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$119M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$239M as of Mar 27, 2026
Mar 9, 2012$116M then
HNW client RAUM$28.4M as of Mar 27, 2026
Mar 27, 2018$69.1M then
State-registered IARs (5.B.3)2 as of Mar 27, 2026
Feb 20, 20132 then
Employees (5.A)2 as of Mar 27, 2026
Feb 20, 20132 then
Private funds1 as of Mar 27, 2026
Mar 10, 20223 then
RAUM +8.2% over the last fiscal year+4.7% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
RAUM per advisor
$119MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
5derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.7MderivedHNW RAUM over HNW clients
Average account
$13.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
6.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+8.2%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.0%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$238M, 18 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Corporations and businesses$135M69%
  • High-net-worth individuals$28.4M15%
  • Charitable organizations$16.5M8.4%
  • Individuals$8.3M4.3%
  • Pooled investment vehicles$4.7M2.4%
  • Other investment advisers$1.9M1.0%
Individual clients
5reported
HNW clients
5reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
18reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$238M for 18 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.15 fund_share=0.03 institutional_share=0.07 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
P••••• E••••• B•••••••••Dallas, TxAug 13, 200828 y1
W•••••• E••••• C•••••••Dallas, TxAug 19, 200823 y1
Advisor movement
0 left, 0 joined in 12 months
Private funds
3 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
T••••• S•••• G•• L••Other Private Fund$18.8M15Jul 28, 2021
S•••••• O••••••••• F••• L•Other Private Fund$4.7M7Jul 28, 2021
S•••••• T••••••••• M••• L••Other Private Fund$07Jul 28, 2021
Owners and control persons
Schedule A and B, latest filing
  • B••••••••• P•••••• E••••• · Elected Manager/Chief Compliance Officercontrol
    since 03/2008 · owns less than 5%
  • C•••••••• W••••••• E••••• · Managing Membercontrol
    since 03/2008 · 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
OfficeAdvisorsJoinedLeftTeams outForming
Dallas, Tx · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 20 to 18
    Mar 26, 2025 to Mar 27, 2026
  • Assets in custody · $221M to $238M
    Mar 26, 2025 to Mar 27, 2026
  • Private funds · 2 to 1
    Mar 26, 2025 to Mar 27, 2026
  • Discretionary RAUM · $221M to $239M
    Mar 26, 2025 to Mar 27, 2026
  • HNW RAUM · $27.0M to $28.4M
    Mar 26, 2025 to Mar 27, 2026
  • Individual RAUM · $7.7M to $8.3M
    Mar 26, 2025 to Mar 27, 2026
  • Pooled vehicle RAUM · $4.4M to $4.7M
    Mar 26, 2025 to Mar 27, 2026
  • RAUM · $221M to $239M
    Mar 26, 2025 to Mar 27, 2026
  • HNW clients · 8 to 5
    Mar 29, 2024 to Mar 26, 2025
  • Individual clients · 7 to 5
    Mar 29, 2024 to Mar 26, 2025
  • Pooled vehicle clients · 2 to 1
    Mar 29, 2024 to Mar 26, 2025
  • Assets in custody · $213M to $221M
    Mar 29, 2024 to Mar 26, 2025
  • Financial planning clients · 1-10 to 1-10
    Mar 29, 2024 to Mar 26, 2025
  • Discretionary RAUM · $213M to $221M
    Mar 29, 2024 to Mar 26, 2025
  • HNW RAUM · $31.4M to $27.0M
    Mar 29, 2024 to Mar 26, 2025
  • Individual RAUM · $1.7M to $7.7M
    Mar 29, 2024 to Mar 26, 2025
  • Pooled vehicle RAUM · $4.9M to $4.4M
    Mar 29, 2024 to Mar 26, 2025
  • RAUM · $213M to $221M
    Mar 29, 2024 to Mar 26, 2025
  • Assets in custody · $208M to $213M
    Mar 27, 2023 to Mar 29, 2024
  • Private funds · 3 to 2
    Mar 27, 2023 to Mar 29, 2024
  • Discretionary RAUM · $208M to $213M
    Mar 27, 2023 to Mar 29, 2024
  • HNW RAUM · $67.8M to $31.4M
    Mar 27, 2023 to Mar 29, 2024
  • Individual RAUM · $2.6M to $1.7M
    Mar 27, 2023 to Mar 29, 2024
  • Pooled vehicle RAUM · $4.5M to $4.9M
    Mar 27, 2023 to Mar 29, 2024
  • RAUM · $208M to $213M
    Mar 27, 2023 to Mar 29, 2024
  • Accounts · 22 to 20
    Mar 10, 2022 to Mar 24, 2023
  • HNW clients · 10 to 8
    Mar 10, 2022 to Mar 24, 2023
  • Pooled vehicle clients · 3 to 2
    Mar 10, 2022 to Mar 24, 2023
  • Assets in custody · $214M to $208M
    Mar 10, 2022 to Mar 24, 2023
  • Financial planning clients · 0 to 1-10
    Mar 10, 2022 to Mar 24, 2023
  • Discretionary RAUM · $214M to $208M
    Mar 10, 2022 to Mar 24, 2023
  • HNW RAUM · $44.6M to $67.8M
    Mar 10, 2022 to Mar 24, 2023
  • Individual RAUM · $3.2M to $2.6M
    Mar 10, 2022 to Mar 24, 2023
  • Pooled vehicle RAUM · $27.3M to $4.5M
    Mar 10, 2022 to Mar 24, 2023
  • RAUM · $214M to $208M
    Mar 10, 2022 to Mar 24, 2023
  • Accounts · 21 to 22
    Jul 28, 2021 to Mar 10, 2022
  • HNW clients · 13 to 10
    Jul 28, 2021 to Mar 10, 2022
  • Individual clients · 6 to 7
    Jul 28, 2021 to Mar 10, 2022
  • Assets in custody · $194M to $214M
    Jul 28, 2021 to Mar 10, 2022
  • Discretionary RAUM · $168M to $214M
    Jul 28, 2021 to Mar 10, 2022
Signals
No event on the tape.
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Website
s•••••••••.comreportedpublic record, Form ADV, Sep 21, 2026
Principal office phone
214-739-2025reportedpublic record, Form ADV, Mar 27, 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
Other adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
$119Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026