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

Praetorian Guard, A Division Of Praetorian Wealth Management,Inc

Independent wealth managerCarmel, CaliforniaCRD 147814SEC 801-69431websiteIAPD
Legal name Praetorian Wealth Management, Inc.
Latest filing Jan 9, 2026
First filing on the tape Feb 14, 2012 · 22 filings
SEC status approved since Aug 7, 2008
RAUM
$599M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$592M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$85.5M
derived; firm RAUM over IAPD count
Employees
8
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$599M as of Jan 9, 2026
Feb 14, 2012$61.1M then
HNW client RAUM$489M as of Jan 9, 2026
Jan 10, 2018$117M then
State-registered IARs (5.B.3)8 as of Jan 9, 2026
Feb 14, 20120 then
Employees (5.A)8 as of Jan 9, 2026
Jan 29, 20134 then
Private funds: no history
RAUM +20% over the last fiscal year+20% a year over threeIARs 6 to 8
Practice profile
derived from the filing of Jan 9, 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
$85.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
65derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.8MderivedHNW RAUM over HNW clients
Average account
$325,530derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.1derivedItem 5.A over advisors
Advisors per office
7.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+20%derivedbetween the last two annual amendments
Advisor growth, one year
+33%derivedItem 5.B.3 between annual amendments
Client growth, one year
+12%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$489M82%
  • Individuals$103M17%
  • Charitable organizations$4.9M0.8%
  • Corporations and businesses$1.8M0.3%
Individual clients
282reported
HNW clients
175reported
Pension plan clients
0reported
Charitable clients
9reported
Accounts
1,839reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Richard Alan HewittCertified Financial PlannerCarmel, CaJan 20, 201221 y2
Joseph Pomeroy ClarkCertified Financial PlannerLeesburg, Va Jan 20, 201215 y0
Marc Alan WehmeyerCertified Financial PlannerArlington, Va Apr 2, 201613 y1
Jerome Michael Ledzinski, IICarmel, CaOct 29, 202418 y0
Evan DaviesCertified Financial PlannerCarmel, Ca Nov 14, 202411 y0
Andrew William NelsonCertified Financial PlannerCarmel, CaJan 24, 202516 y0
Ashley GardinerCarmel, Ca Oct 29, 202512 y0
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 14% of current headcount1 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Alan Richard Hewitt · President&Chief Compliance Officercontrol
    since 07/2008 · owns 25% to 50%
  • Michael Jerome II Ledzinski · Managing Directorcontrol
    since 07/2008 · owns 25% to 50%
  • Francis James Mcnulty · Shareholder
    since 10/2008 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Carmel, Ca · principal711
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 1,589 to 1,839
    Sep 30, 2025 to Jan 9, 2026
  • Advisory employees · 6 to 8
    Sep 30, 2025 to Jan 9, 2026
  • Charity clients · 10 to 9
    Sep 30, 2025 to Jan 9, 2026
  • HNW clients · 165 to 175
    Sep 30, 2025 to Jan 9, 2026
  • Individual clients · 242 to 282
    Sep 30, 2025 to Jan 9, 2026
  • Assets in custody · $9.6M to $16.2M
    Sep 30, 2025 to Jan 9, 2026
  • State-registered IARs · 6 to 8
    Sep 30, 2025 to Jan 9, 2026
  • Discretionary RAUM · $499M to $599M
    Sep 30, 2025 to Jan 9, 2026
  • HNW RAUM · $414M to $489M
    Sep 30, 2025 to Jan 9, 2026
  • Individual RAUM · $78.2M to $103M
    Sep 30, 2025 to Jan 9, 2026
  • RAUM · $499M to $599M
    Sep 30, 2025 to Jan 9, 2026
  • Accounts · 1,479 to 1,589
    Jan 10, 2024 to Jan 6, 2025
  • Corporate clients · 2 to 4
    Jan 10, 2024 to Jan 6, 2025
  • HNW clients · 125 to 165
    Jan 10, 2024 to Jan 6, 2025
  • Individual clients · 236 to 242
    Jan 10, 2024 to Jan 6, 2025
  • Pension plan clients · 2 to 0
    Jan 10, 2024 to Jan 6, 2025
  • Assets in custody · $3.8M to $9.6M
    Jan 10, 2024 to Jan 6, 2025
  • Financial planning clients · 251-500 to 251-500
    Jan 10, 2024 to Jan 6, 2025
  • Discretionary RAUM · $428M to $499M
    Jan 10, 2024 to Jan 6, 2025
  • HNW RAUM · $332M to $414M
    Jan 10, 2024 to Jan 6, 2025
  • Individual RAUM · $83.0M to $78.2M
    Jan 10, 2024 to Jan 6, 2025
  • Pension RAUM · $2.9M to $0
    Jan 10, 2024 to Jan 6, 2025
  • RAUM · $428M to $499M
    Jan 10, 2024 to Jan 6, 2025
  • Accounts · 1,310 to 1,479
    Jan 11, 2023 to Jan 10, 2024
  • Advisory employees · 5 to 6
    Jan 11, 2023 to Jan 10, 2024
  • Charity clients · 9 to 10
    Jan 11, 2023 to Jan 10, 2024
  • Corporate clients · 3 to 2
    Jan 11, 2023 to Jan 10, 2024
  • HNW clients · 115 to 125
    Jan 11, 2023 to Jan 10, 2024
  • Individual clients · 247 to 236
    Jan 11, 2023 to Jan 10, 2024
  • Assets in custody · $3.5M to $3.8M
    Jan 11, 2023 to Jan 10, 2024
  • Employees · 7 to 8
    Jan 11, 2023 to Jan 10, 2024
  • State-registered IARs · 5 to 6
    Jan 11, 2023 to Jan 10, 2024
  • Discretionary RAUM · $348M to $428M
    Jan 11, 2023 to Jan 10, 2024
  • HNW RAUM · $246M to $332M
    Jan 11, 2023 to Jan 10, 2024
  • Individual RAUM · $92.4M to $83.0M
    Jan 11, 2023 to Jan 10, 2024
  • Pension RAUM · $2.5M to $2.9M
    Jan 11, 2023 to Jan 10, 2024
  • RAUM · $348M to $428M
    Jan 11, 2023 to Jan 10, 2024
  • Accounts · 1,324 to 1,310
    Jan 11, 2022 to Jan 11, 2023
  • Advisory employees · 7 to 5
    Jan 11, 2022 to Jan 11, 2023
  • Charity clients · 7 to 9
    Jan 11, 2022 to Jan 11, 2023
Signals
2 dated events
  • Jackson Riley Sendell left Praetorian Guard, A Division Of Praetorian Wealth Management,Inc for California Financial Advisors (registered 2026-02-18)
    Jan 30, 2026 · Advisor changed firm · fact
  • Anthony Bowser Wall left Praetorian Guard, A Division Of Praetorian Wealth Management,Inc for Upper Left Wealth Management, Llc (registered 2022-10-03)
    Sep 14, 2022 · Advisor changed firm · 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
831-622-9600reportedpublished by the firm, firm site, Sep 15, 2026
Website
PRAETORIANGUARD.BIZreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
831-622-9600reportedpublic record, Form ADV, Jan 9, 2026
Contact form
praetorianguard.biz/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
praetorianguard.biz/who-we-are/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
$85.5Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026