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

River Source Wealth Management, LLC

Former SEC-registered adviserWaynesville, North CarolinaCRD 150852SEC 801-70474IAPD
Latest filing Mar 7, 2017
First filing on the tape Feb 22, 2012 · 8 filings
RAUM
$236M
reported, Item 5.F
Discretionary
80%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$236M as of Mar 29, 2016
Feb 22, 2012$126M then
HNW client RAUM: no history
State-registered IARs (5.B.3)3 as of Mar 29, 2016
Feb 22, 20120 then
Employees (5.A)3 as of Mar 29, 2016
Feb 28, 20137 then
Private funds: no history
RAUM +3.7% over the last fiscal year+18% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 7, 2017; every figure names its basis
RAUM per advisor
$78.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$185,051derivedRAUM over accounts (5.F.2.f)
Discretionary
80%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+3.7%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Financial planning clients
1,000reportedItem 5.H
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,273reported
Financial planning clients
1,000reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
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
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Brandon Stephen Anderson · Managing Member/Chief Compliance Officercontrol
    since 07/2009 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
  • Bowie, MD
  • Sykesville, MD
What changed
consecutive filings, newest first
  • Accounts · 1,029 to 1,273
    Mar 17, 2015 to Mar 29, 2016
  • Employees · 5 to 3
    Mar 17, 2015 to Mar 29, 2016
  • Discretionary RAUM · $143M to $188M
    Mar 17, 2015 to Mar 29, 2016
  • Non-discretionary RAUM · $84.0M to $48.0M
    Mar 17, 2015 to Mar 29, 2016
  • RAUM · $227M to $236M
    Mar 17, 2015 to Mar 29, 2016
  • Accounts · 958 to 1,029
    Mar 6, 2014 to Mar 17, 2015
  • Discretionary RAUM · $128M to $143M
    Mar 6, 2014 to Mar 17, 2015
  • Non-discretionary RAUM · $68.8M to $84.0M
    Mar 6, 2014 to Mar 17, 2015
  • RAUM · $197M to $227M
    Mar 6, 2014 to Mar 17, 2015
  • Accounts · 1,081 to 958
    Sep 27, 2013 to Mar 6, 2014
  • Advisory employees · 4 to 3
    Sep 27, 2013 to Mar 6, 2014
  • Employees · 6 to 5
    Sep 27, 2013 to Mar 6, 2014
  • State-registered IARs · 4 to 3
    Sep 27, 2013 to Mar 6, 2014
  • Discretionary RAUM · $81.7M to $128M
    Sep 27, 2013 to Mar 6, 2014
  • Non-discretionary RAUM · $63.5M to $68.8M
    Sep 27, 2013 to Mar 6, 2014
  • RAUM · $145M to $197M
    Sep 27, 2013 to Mar 6, 2014
  • Advisory employees · 3 to 4
    Jul 10, 2013 to Sep 27, 2013
  • Employees · 7 to 6
    Jul 10, 2013 to Sep 27, 2013
  • State-registered IARs · 3 to 4
    Jul 10, 2013 to Sep 27, 2013
  • Accounts · 1,052 to 1,081
    Feb 22, 2012 to Feb 28, 2013
  • Advisory employees · unset to 3.0
    Feb 22, 2012 to Feb 28, 2013
  • Advisory activities · 3 to 2
    Feb 22, 2012 to Feb 28, 2013
  • Employees · unset to 7.0
    Feb 22, 2012 to Feb 28, 2013
  • State-registered IARs · 0 to 3
    Feb 22, 2012 to Feb 28, 2013
  • Discretionary RAUM · $68.5M to $81.7M
    Feb 22, 2012 to Feb 28, 2013
  • Non-discretionary RAUM · $57.8M to $63.5M
    Feb 22, 2012 to Feb 28, 2013
  • RAUM · $126M to $145M
    Feb 22, 2012 to Feb 28, 2013
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