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.

Former SEC-registered adviser

Labrum Wealth Management, LLC

Former SEC-registered adviserCarlsbad, CaliforniaCRD 150734SEC 801-70378IAPD
Latest filing Dec 27, 2018
First filing on the tape Mar 22, 2012 · 32 filings
RAUM
$295M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$281M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
11
10 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$295M as of Mar 28, 2018
Mar 22, 2012$206M then
HNW client RAUM: $151M
State-registered IARs (5.B.3)11 as of Mar 28, 2018
Feb 28, 20138 then
Employees (5.A)11 as of Mar 28, 2018
Feb 28, 20139 then
Private funds: no history
RAUM +8.9% over the last fiscal year+16% a year over threeIARs 10 to 11
Practice profile
derived from the filing of Dec 27, 2018; every figure names its basis
RAUM per advisor
$26.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
72derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.0MderivedHNW RAUM over HNW clients
Average account
$361,592derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.8derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+8.9%derivedbetween the last two annual amendments
Advisor growth, one year
+10%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed fees, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, educational seminarsreportedItem 5.G
Custody
$65.1M, 185 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
  • is an insurance broker or agent (6.A.6)
  • 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
  • High-net-worth individuals$151M51%
  • Individuals$129M44%
  • Corporations and businesses$8.9M3.0%
  • Pension and profit-sharing plans$4.8M1.6%
  • Charitable organizations$173,5380.1%
Individual clients
648reported
HNW clients
145reported
Pension plan clients
11reported
Charitable clients
n/areported
Accounts
815reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$65.1M for 185 clientsreported
Compensation
% of AUM, fixed, hourly, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Elizabeth Jordie Czapinski · Chief Compliance Officercontrol
    since 08/2011 · owns less than 5%
  • Alex Klingensmith · Chief Operating Officercontrol
    since 04/2016 · owns less than 5%
  • Richard Jason Labrum · Presidentcontrol
    since 09/2009 · owns 75% or more
Related persons
Schedule D 7.A
Offices
Schedule D 1.F, the 25 largest
  • Murrieta, CA3 employees
  • Big Pine Key, FL2 employees
  • Fort Worth, TX1 employees
What changed
consecutive filings, newest first
  • Related adviser · false to true
    Oct 19, 2018 to Dec 27, 2018
  • Accounts · 1,600 to 815
    Sep 11, 2017 to Mar 28, 2018
  • Advisory employees · 8 to 10
    Sep 11, 2017 to Mar 28, 2018
  • Advisory activities · 4 to 3
    Sep 11, 2017 to Mar 28, 2018
  • BD registered reps · 9 to 1
    Sep 11, 2017 to Mar 28, 2018
  • Corporate clients · unset to 10.0
    Sep 11, 2017 to Mar 28, 2018
  • HNW clients · unset to 145.0
    Sep 11, 2017 to Mar 28, 2018
  • Individual clients · unset to 648.0
    Sep 11, 2017 to Mar 28, 2018
  • Pension plan clients · unset to 11.0
    Sep 11, 2017 to Mar 28, 2018
  • Pooled vehicle clients · unset to 0.0
    Sep 11, 2017 to Mar 28, 2018
  • Assets in custody · unset to 65056957.0
    Sep 11, 2017 to Mar 28, 2018
  • Custody of client assets · false to true
    Sep 11, 2017 to Mar 28, 2018
  • Employees · 13 to 11
    Sep 11, 2017 to Mar 28, 2018
  • Insurance-licensed employees · 0 to 1
    Sep 11, 2017 to Mar 28, 2018
  • State-registered IARs · 10 to 11
    Sep 11, 2017 to Mar 28, 2018
  • Other offices · unset to 3.0
    Sep 11, 2017 to Mar 28, 2018
  • Discretionary RAUM · $271M to $295M
    Sep 11, 2017 to Mar 28, 2018
  • HNW RAUM · unset to 151257897.0
    Sep 11, 2017 to Mar 28, 2018
  • Individual RAUM · unset to 129484624.0
    Sep 11, 2017 to Mar 28, 2018
  • Pension RAUM · unset to 4845397.0
    Sep 11, 2017 to Mar 28, 2018
  • RAUM · $271M to $295M
    Sep 11, 2017 to Mar 28, 2018
  • BD registered reps · 1 to 9
    Feb 27, 2017 to Apr 19, 2017
  • Employees · 10 to 13
    Feb 27, 2017 to Apr 19, 2017
  • Accounts · 1,425 to 1,600
    Sep 7, 2016 to Feb 27, 2017
  • Financial planning clients · 1-10 to 101-250
    Sep 7, 2016 to Feb 27, 2017
  • Discretionary RAUM · $190M to $271M
    Sep 7, 2016 to Feb 27, 2017
  • RAUM · $190M to $271M
    Sep 7, 2016 to Feb 27, 2017
  • Accounts · 1,281 to 1,425
    Jul 30, 2015 to Mar 30, 2016
  • Advisory employees · 7 to 8
    Jul 30, 2015 to Mar 30, 2016
  • Employees · 9 to 10
    Jul 30, 2015 to Mar 30, 2016
  • State-registered IARs · 9 to 10
    Jul 30, 2015 to Mar 30, 2016
  • Discretionary RAUM · $187M to $190M
    Jul 30, 2015 to Mar 30, 2016
  • RAUM · $187M to $190M
    Jul 30, 2015 to Mar 30, 2016
  • Employees · 8 to 9
    Mar 10, 2015 to Jul 30, 2015
  • State-registered IARs · 8 to 9
    Mar 10, 2015 to Jul 30, 2015
  • Accounts · 1,587 to 1,281
    Sep 8, 2014 to Feb 9, 2015
  • BD registered reps · 5 to 1
    Sep 8, 2014 to Feb 9, 2015
  • Employees · 12 to 8
    Sep 8, 2014 to Feb 9, 2015
  • State-registered IARs · 9 to 8
    Sep 8, 2014 to Feb 9, 2015
  • Discretionary RAUM · $163M to $187M
    Sep 8, 2014 to Feb 9, 2015
Signals
No event on the tape.
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026