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.

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SEC-registered adviser

T•••••• C••••••• L••

Independent wealth managerCarmel, CaliforniaCRD 151464SEC 801-70572websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 30, 2012 · 22 filings
SEC status approved since Sep 15, 2009
RAUM
$187M
reported, Item 5.F
Discretionary
89%
of RAUM
Private clients
67%
$126M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$62.5M
derived; firm RAUM over IAPD count
Employees
5
4 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$187M as of Mar 30, 2026
Mar 30, 2012$91.1M then
HNW client RAUM$105M as of Mar 30, 2026
Mar 28, 2018$87.0M then
State-registered IARs (5.B.3)3 as of Mar 30, 2026
Apr 1, 20132 then
Employees (5.A)5 as of Mar 30, 2026
Apr 1, 20133 then
Private funds1 as of Mar 27, 2025
Mar 30, 20121 then
RAUM +5.0% over the last fiscal year+11% a year over threeIARs 2 to 3
Practice profile
derived from the filing of Mar 30, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$62.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
28derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$589,190derivedRAUM over accounts (5.F.2.f)
Discretionary
89%derivedof RAUM
Institutional
31%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+5.0%derivedbetween the last two annual amendments
Advisor growth, one year
+50%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.2%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Custody
$37.5M, 44 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$105M56%
  • Charitable organizations$36.5M19%
  • Pension and profit-sharing plans$21.9M12%
  • Individuals$20.1M11%
  • Corporations and businesses$3.4M1.8%
Individual clients
38reported
HNW clients
45reported
Pension plan clients
6reported
Charitable clients
9reported
Accounts
318reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$37.5M for 44 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.67 fund_share=0.0 institutional_share=0.31 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
D•••• N•• D•••••••Certified Financial PlannerCarmel, CaDec 8, 202536 y2
D••••• G•••••• S••••••Carmel, CaJan 21, 202627 y2
D•••• M••••• L••Certified Financial PlannerCarmel, Ca Feb 2, 202618 y1
Advisor movement
0 left, 3 joined in 12 months
net +3 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
    1 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    O•••••••• F•••• L•Hedge Fund$303,70317Mar 30, 2012
    Owners and control persons
    Schedule A and B, latest filing
    • D•••••••• D••••• N•• · Managing Member/Chief Compliance Officercontrol
      since 11/2009 · owns 50% to 75%
    • S••••••• D•••••• G•••••• · Managing Member/Chief Investment Officercontrol
      since 11/2009 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    • T•••••• F••• A•••••••
      real estatey
    Advisers that list T•••••• C••••••• L•• as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Carmel, Ca · principal330
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    4 against comparable advisers; where to look, not conclusions
    • business activity changedChange between filings · filing Mar 30, 2026
      pension consulting (Item 5.G.6): no on the filing of 2025-03-27, yes on the filing of 2026-03-30
      peers: independent wealth managers, $100M to $500M (5,676)
    • business activity changedChange between filings · filing Mar 30, 2026
      portfolio management for pooled vehicles (Item 5.G.4): yes on the filing of 2025-03-27, no on the filing of 2026-03-30
      peers: independent wealth managers, $100M to $500M (5,676)
    • business activity changedChange between filings · filing Mar 30, 2026
      advises private funds (Item 7.B): yes on the filing of 2025-03-27, no on the filing of 2026-03-30
      peers: independent wealth managers, $100M to $500M (5,676)
    • HNW share shiftChange between filings · filing Mar 30, 2026
      HNW share of RAUM moved from 74.0% to 56.0% between the annual amendments of 2025-03-27 and 2026-03-30
      peers: independent wealth managers, $100M to $500M (5,676)
    What changed
    consecutive filings, newest first
    • Accounts · 336 to 318
      Mar 27, 2025 to Mar 30, 2026
    • Advisory employees · 3 to 4
      Mar 27, 2025 to Mar 30, 2026
    • Charity clients · 8 to 9
      Mar 27, 2025 to Mar 30, 2026
    • Corporate clients · 9 to 8
      Mar 27, 2025 to Mar 30, 2026
    • HNW clients · 61 to 45
      Mar 27, 2025 to Mar 30, 2026
    • Individual clients · 21 to 38
      Mar 27, 2025 to Mar 30, 2026
    • Pension plan clients · 22 to 6
      Mar 27, 2025 to Mar 30, 2026
    • Pooled vehicle clients · 1 to 0
      Mar 27, 2025 to Mar 30, 2026
    • Assets in custody · $51.3M to $37.5M
      Mar 27, 2025 to Mar 30, 2026
    • Employees · 4 to 5
      Mar 27, 2025 to Mar 30, 2026
    • HQ city · MONTEREY to CARMEL
      Mar 27, 2025 to Mar 30, 2026
    • State-registered IARs · 2 to 3
      Mar 27, 2025 to Mar 30, 2026
    • Private funds · 1 to unset
      Mar 27, 2025 to Mar 30, 2026
    • Discretionary RAUM · $160M to $167M
      Mar 27, 2025 to Mar 30, 2026
    • HNW RAUM · $132M to $105M
      Mar 27, 2025 to Mar 30, 2026
    • Individual RAUM · $4.5M to $20.1M
      Mar 27, 2025 to Mar 30, 2026
    • Non-discretionary RAUM · $18.1M to $20.2M
      Mar 27, 2025 to Mar 30, 2026
    • Pension RAUM · $20.0M to $21.9M
      Mar 27, 2025 to Mar 30, 2026
    • Pooled vehicle RAUM · $309,350 to $0
      Mar 27, 2025 to Mar 30, 2026
    • RAUM · $178M to $187M
      Mar 27, 2025 to Mar 30, 2026
    • Accounts · 338 to 336
      Nov 18, 2024 to Mar 27, 2025
    • Charity clients · 7 to 8
      Nov 18, 2024 to Mar 27, 2025
    • Corporate clients · 2 to 9
      Nov 18, 2024 to Mar 27, 2025
    • HNW clients · 45 to 61
      Nov 18, 2024 to Mar 27, 2025
    • Individual clients · 14 to 21
      Nov 18, 2024 to Mar 27, 2025
    • Pension plan clients · 8 to 22
      Nov 18, 2024 to Mar 27, 2025
    • Assets in custody · $313,703 to $51.3M
      Nov 18, 2024 to Mar 27, 2025
    • Financial planning clients · 26-50 to 11-25
      Nov 18, 2024 to Mar 27, 2025
    • Discretionary RAUM · $141M to $160M
      Nov 18, 2024 to Mar 27, 2025
    • HNW RAUM · $118M to $132M
      Nov 18, 2024 to Mar 27, 2025
    • Individual RAUM · $1.4M to $4.5M
      Nov 18, 2024 to Mar 27, 2025
    • Non-discretionary RAUM · $18.9M to $18.1M
      Nov 18, 2024 to Mar 27, 2025
    • Pension RAUM · $23.5M to $20.0M
      Nov 18, 2024 to Mar 27, 2025
    • Pooled vehicle RAUM · $300,000 to $309,350
      Nov 18, 2024 to Mar 27, 2025
    • RAUM · $160M to $178M
      Nov 18, 2024 to Mar 27, 2025
    • Accounts · 319 to 338
      Mar 29, 2023 to Mar 27, 2024
    • Charity clients · 16 to 7
      Mar 29, 2023 to Mar 27, 2024
    • Corporate clients · 3 to 2
      Mar 29, 2023 to Mar 27, 2024
    • HNW clients · 44 to 45
      Mar 29, 2023 to Mar 27, 2024
    • Individual clients · 21 to 14
      Mar 29, 2023 to Mar 27, 2024
    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.
    How to reach
    public business contact points only, each with its source
    Business phone
    831-324-0505reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    831-324-0481reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    877-251-3850reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    linkedin.com/company/darchuck-stewart-capital-advisors-llcreportedpublic record, Form ADV, Sep 18, 2026
    Website
    topturncapital.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    (831) 324-0481reportedpublic record, Form ADV, Mar 30, 2026
    Contact form
    topturncapital.com/contactreportedpublished by the firm, firm site, Sep 16, 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
    $62.5Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026