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

Rocky Mountain Advisers, LLC

Wealth manager with institutional or fund businessSalina, KansasCRD 148479SEC 801-70202websiteIAPD
Legal name Srh Advisors, LLC
Latest filing Mar 30, 2026
First filing on the tape Mar 30, 2012 · 29 filings
SEC status approved since Jun 3, 2009
RAUM
$3.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
20%
$642M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$1.0B
derived; firm RAUM over IAPD count
Employees
9
4 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$3.1B as of Mar 30, 2026
Mar 30, 2012$264M then
HNW client RAUM$610M as of Mar 30, 2026
Mar 27, 2018$26.3M then
State-registered IARs (5.B.3)3 as of Mar 30, 2026
Mar 30, 20120 then
Employees (5.A)9 as of Mar 30, 2026
Mar 27, 201310 then
Private funds: no history
RAUM +6.3% over the last fiscal year+13% a year over threeIARs 4 to 3
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Bank affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
  • Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
RAUM per advisor
$1.0BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
79derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.4MderivedHNW RAUM over HNW clients
Average account
$7.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
4.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+6.3%derivedbetween the last two annual amendments
Advisor growth, one year
-25%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.9%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for investment companiesreportedItem 5.G
Ownership
a bank, bancorp or trust company is a 50 percent or greater ownerderived
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$2.4B75%
  • High-net-worth individuals$610M19%
  • Charitable organizations$124M3.9%
  • Individuals$32.3M1.0%
  • Corporations and businesses$3.3M0.1%
  • Pension and profit-sharing plans$2.5M0.1%
Individual clients
142reported
HNW clients
96reported
Pension plan clients
n/areported
Charitable clients
12reported
Accounts
440reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.2 fund_share=0.75 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
April Dawn McculloughSalina, Ks Feb 25, 201513 y0
Jacob Eugene HemmerSalina, Ks Apr 18, 201814 y1
Corey BowenSalina, KsOct 25, 202313 y0
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
none on the tape
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Walter Joel Looney · Chief Investment Officer, President/Managercontrol
      since 06/2017 · owns less than 5%
    • Larraine Nicole Murphey · Chief Compliance Officercontrol
      since 11/2016 · owns less than 5%
    • Lee Legleiter · Chief Legal Officer
      since 09/2021 · owns less than 5%
    Entity owners
    • Peak Trust Company - Ak · Sole Trustee Of The Susan L. Ciciora Trust
      direct · owns 75% or more
    • Susan L. Ciciora Trust · Member
      direct · owns 75% or more
    • Peak Trust Company - Ak · Trustee
      indirect · owns F of Stewart West Indies Trust
    • Stewart West Indies Trust · Stockholder
      indirect · owns 75% or more of Peak Trust Company - Ak
    Related persons
    Schedule D 7.A
    • Peak Trust Company - Ak
      n
    • Peak Trust Company - Nv
      n
    Advisers that list Rocky Mountain Advisers, LLC as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Salina, Ks · principal300
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • very high RAUM per advisorStatic outlier · filing Mar 30, 2026
      RAUM per registered advisor of $1,049,688,110 against a peer median of $146,413,945 (1221 comparable advisers, 100.0th percentile, 9.1 robust deviations)
      peers: independent wealth managers, $1B to $5B (1,221) · 100% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 419 to 440
      Mar 26, 2025 to Mar 30, 2026
    • Advisory employees · 5 to 4
      Mar 26, 2025 to Mar 30, 2026
    • Charity clients · 11 to 12
      Mar 26, 2025 to Mar 30, 2026
    • Corporate clients · 6 to 5
      Mar 26, 2025 to Mar 30, 2026
    • HNW clients · 77 to 96
      Mar 26, 2025 to Mar 30, 2026
    • Individual clients · 152 to 142
      Mar 26, 2025 to Mar 30, 2026
    • Employees · 10 to 9
      Mar 26, 2025 to Mar 30, 2026
    • State-registered IARs · 4 to 3
      Mar 26, 2025 to Mar 30, 2026
    • Discretionary RAUM · $3.0B to $3.1B
      Mar 26, 2025 to Mar 30, 2026
    • HNW RAUM · $550M to $610M
      Mar 26, 2025 to Mar 30, 2026
    • Individual RAUM · $30.3M to $32.3M
      Mar 26, 2025 to Mar 30, 2026
    • Non-discretionary RAUM · $941,349 to $1.1M
      Mar 26, 2025 to Mar 30, 2026
    • Pension RAUM · $1.5M to $2.5M
      Mar 26, 2025 to Mar 30, 2026
    • RAUM · $3.0B to $3.1B
      Mar 26, 2025 to Mar 30, 2026
    • Accounts · 413 to 419
      Dec 2, 2024 to Mar 26, 2025
    • Advisory employees · 4 to 5
      Dec 2, 2024 to Mar 26, 2025
    • Charity clients · 8 to 11
      Dec 2, 2024 to Mar 26, 2025
    • HNW clients · 67 to 77
      Dec 2, 2024 to Mar 26, 2025
    • Individual clients · 140 to 152
      Dec 2, 2024 to Mar 26, 2025
    • Financial planning clients · 0 to 0
      Dec 2, 2024 to Mar 26, 2025
    • Legal name · ROCKY MOUNTAIN ADVISERS, LLC to SRH ADVISORS, LLC
      Dec 2, 2024 to Mar 26, 2025
    • Discretionary RAUM · $2.6B to $3.0B
      Dec 2, 2024 to Mar 26, 2025
    • HNW RAUM · $456M to $550M
      Dec 2, 2024 to Mar 26, 2025
    • Individual RAUM · $32.6M to $30.3M
      Dec 2, 2024 to Mar 26, 2025
    • Non-discretionary RAUM · $0 to $941,349
      Dec 2, 2024 to Mar 26, 2025
    • Pension RAUM · $1.2M to $1.5M
      Dec 2, 2024 to Mar 26, 2025
    • RAUM · $2.6B to $3.0B
      Dec 2, 2024 to Mar 26, 2025
    • Accounts · 373 to 413
      Mar 30, 2023 to Mar 27, 2024
    • Advisory employees · 3 to 4
      Mar 30, 2023 to Mar 27, 2024
    • Charity clients · 5 to 8
      Mar 30, 2023 to Mar 27, 2024
    • Corporate clients · unset to 6.0
      Mar 30, 2023 to Mar 27, 2024
    • HNW clients · 54 to 67
      Mar 30, 2023 to Mar 27, 2024
    • Individual clients · 152 to 140
      Mar 30, 2023 to Mar 27, 2024
    • Employees · 9 to 10
      Mar 30, 2023 to Mar 27, 2024
    • State-registered IARs · 3 to 4
      Mar 30, 2023 to Mar 27, 2024
    • Discretionary RAUM · $2.2B to $2.6B
      Mar 30, 2023 to Mar 27, 2024
    • HNW RAUM · $369M to $456M
      Mar 30, 2023 to Mar 27, 2024
    • Individual RAUM · $33.0M to $32.6M
      Mar 30, 2023 to Mar 27, 2024
    • Pension RAUM · $1.8M to $1.2M
      Mar 30, 2023 to Mar 27, 2024
    • RAUM · $2.2B to $2.6B
      Mar 30, 2023 to Mar 27, 2024
    Signals
    2 dated events
    • Carl Stephen Miller (Chief Legal Officer) no longer on Schedule A of Rocky Mountain Advisers, Llc (listed 2021-03-19, absent 2022-03-30)
      Mar 30, 2022 · Control person left · inference
    • Ralph Stewart Horejsi (Chief Investment Officer) no longer on Schedule A of Rocky Mountain Advisers, Llc (listed 2021-03-19, absent 2022-03-30)
      Mar 30, 2022 · Control person left · inference
    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
    785-823-3097reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/srh-advisors-llcreportedpublic record, Form ADV, Sep 17, 2026
    Website
    srhadvisorsllc.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    785-823-3097reportedpublic record, Form ADV, Mar 30, 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
    Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $1.0Bderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026