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
Andina Advisors
Legal name Andina Capital Management, LLC
Latest filing Jul 2, 2026
First filing on the tape Nov 17, 2014 · 53 filings
SEC status approved since Dec 5, 2014
RAUM
$1.3B
reported, Item 5.F
Discretionary
50%
of RAUM
Private clients
77%
$971M individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$126M
derived; firm RAUM over IAPD count
Employees
13
6 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
53 filings and snapshots on the tape
RAUM$1.3B as of Jul 2, 2026
Mar 31, 2015$110M then
HNW client RAUM$832M as of Jul 2, 2026
Mar 22, 2018$29.3M then
State-registered IARs (5.B.3)6 as of Jul 2, 2026
Mar 31, 20157 then
Employees (5.A)13 as of Jul 2, 2026
Mar 31, 20159 then
Private funds1 as of Jan 14, 2026
Mar 31, 20155 then
RAUM +24% over the last fiscal year+25% a year over threeIARs 9 to 6
Practice profile
derived from the filing of Jul 2, 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
- $126MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 63derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.7MderivedHNW RAUM over HNW clients
- Average account
- $295,976derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 50%derivedof RAUM
- Institutional
- 6.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 3.3derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +24%derivedbetween the last two annual amendments
- Advisor growth, one year
- +33%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +26%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
- Custody
- $459M, 533 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)
- 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$832M66%
- Corporations and businesses$209M17%
- Individuals$139M11%
- Pension and profit-sharing plans$57.2M4.5%
- Insurance companies$24.4M1.9%
- Individual clients
- 409reported
- HNW clients
- 223reported
- Pension plan clients
- 10reported
- Charitable clients
- 0reported
- Accounts
- 4,262reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- noreported
- Custody of client assets
- $459M for 533 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.77 fund_share=0.0 institutional_share=0.06 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Eric Stephan Barlow | Logan, Ut | Jan 10, 2019 | 34 y | 1 |
| Austin Michael ScottCertified Financial Planner | Logan, Ut | Oct 19, 2021 | 11 y | 0 |
| Ryan Mathew BohmCertified Financial Planner | Logan, Ut | Feb 2, 2022 | 17 y | 7 |
| Anthony Jase Allen | Providence, Ut | Apr 5, 2022 | 12 y | 2 |
| Dan Eugene Jessop | Logan, Ut | Apr 8, 2022 | 14 y | 6 |
| Tanner Tessmer DanceChartered Financial Analyst | Providence, Ut | Apr 11, 2022 | 14 y | 6 |
| Quinn Kay Longhurst | Logan, Ut | Apr 9, 2024 | 12 y | 0 |
| John Stephen Pennington | Logan, Ut | Aug 12, 2025 | 11 y | 1 |
| Ginger Dehart Harris | Logan, Ut | Nov 26, 2025 | 11 y | 0 |
Advisor movement
5 left, 0 joined in 12 months
net -5 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 50% of current headcount6 left over 36 months
Left, latest
- James Brett Belliston to Tanara Wealth Management LLCApr 8, 2026 · RIA to a newly registered adviser
- Roger Zebulun Lowe to Tanara Wealth Management LLCApr 8, 2026 · RIA to a newly registered adviser
- Tyler Marc Thompson to Tanara Wealth Management LLCApr 8, 2026 · RIA to a newly registered adviser
- Alex Phillip Graham to Tanara Wealth Management LLCApr 8, 2026 · RIA to a newly registered adviser
- Mason G Miles to Tanara Wealth Management LLCApr 2, 2026 · RIA to a newly registered adviser
- Luke Ballard Dance to Dance Investment Partners, LLCFeb 8, 2024 · RIA to a state-registered adviser
- Chad Ryan Poulson to Decker Retirement Planning Inc.Jul 31, 2023 · RIA to RIA
- Chester William Holliday to Elite Wealth Management, LLCMar 7, 2022 · RIA to a state-registered adviser
- Brennon Sterling Bowen to Arista Wealth Management, LLCMar 24, 2017 · Other
- Lowell Charles Crabb to Drive Wealth AdvisersMay 21, 2015 · Other
- Andrew Jay Brown to Alpine Capital Management, LLCDec 15, 2014 · Other
- Cliff S Duester to Park Avenue Securities LLCSep 27, 2013 · Other
Joined, latest
- John Stephen Pennington from Divergent Wealth Advisors, LLCAug 12, 2025 · RIA to RIA
- Mason G Miles from Strategic Advisers LLCApr 9, 2025 · Affiliated broker-dealer or bank to independent RIA
- Roger Zebulun Lowe from Coign Capital Advisors LLCNov 22, 2022 · RIA to RIA
- Alex Phillip Graham from Allos Investment Advisors, LLCSep 20, 2022 · RIA to RIA
- Tanner Tessmer Dance from Core Capital Wealth Management, LLCApr 11, 2022 · RIA to RIA
- Dan Eugene Jessop from Core Capital Wealth Management, LLCApr 8, 2022 · RIA to RIA
- Anthony Jase Allen from Core Capital Wealth Management, LLCApr 5, 2022 · RIA to RIA
- Ryan Mathew Bohm from OnedigitalFeb 2, 2022 · Other
- Chester William Holliday from Morgan StanleyMar 24, 2017 · Other
- Casey Mark Monsen from Oneamerica Securities, Inc.Feb 27, 2014 · Other
- James Brett Belliston from Zions Capital Advisors, Inc.Sep 20, 2013 · Other
- Cliff S Duester from Park Avenue Securities LLCJul 18, 2013 · Other
- Lowell Charles Crabb from Questar Asset Management, Inc.Jan 31, 2012 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 4 left for Tanara Wealth Management LLCApr 2, 2026 · Logan, Ut
- 3 joined from Core Capital Wealth Management, LLCJun 2, 2022 · Providence, Ut · Firm absorbed
Private funds
9 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Andina Private Credit Strategies, LPno longer reported | Hedge Fund | $46.4M | 55 | Apr 11, 2018 |
| Andina Global Strategies Fundno longer reported | Hedge Fund | $39.1M | 23 | Nov 17, 2014 |
| Andina Global Research Fund, LPno longer reported | Hedge Fund | $19.8M | 14 | Apr 11, 2018 |
| Andina Performex Series Of Copperstone Multi-Series Idf LPno longer reported | Hedge Fund | $18.0M | 1 | Aug 20, 2018 |
| Andina Absolute Return Fund, LPno longer reported | Hedge Fund | $14.5M | 13 | Nov 17, 2014 |
| The K Fund III, LPno longer reported | Private Equity Fund | $11.1M | 38 | Jun 28, 2022 |
| Andina Alternative Asset Fund, LPno longer reported | Hedge Fund | $9.6M | 9 | Nov 17, 2014 |
| Andina Midas Fund, LPno longer reported | Hedge Fund | $1.6M | 4 | Nov 17, 2014 |
| Andina Contra Fund, LPno longer reported | Hedge Fund | $1.6M | 4 | Nov 17, 2014 |
Owners and control persons
Schedule A and B, latest filing
- Stephan Eric Barlow · Foundercontrolsince 04/2026 · owns less than 5%
- Mathew Ryan Bohm · Managing Partner, Ceocontrolsince 04/2026 · owns less than 5%
- Tessmer Tanner Dance · Managing Partner, Ciocontrolsince 04/2026 · owns less than 5%
- Penny Paul · Chief Compliance Officercontrolsince 04/2022 · owns less than 5%
- Stephan Eric Barlow · Ownercontrolsince 09/2013 · owns 25% to 50% of Andina Partners,LLC
- Brett James Belliston · Ownercontrolsince 09/2013 · owns 25% to 50% of Andina Partners,LLC
- Mathew Ryan Bohm · Ownercontrolsince 04/2022 · owns 75% or more of Rmb Ventures LLC
- Tanner Dance · Ownercontrolsince 04/2022 · owns 75% or more of Tdwellington, LLC
- Zebulun Roger Lowe · Ownercontrolsince 01/2023 · owns 75% or more of L3 Investments, LLC
- Mark Casey Monsen · Trusteecontrolsince 04/2011 · owns F of Silo 7, LLC
- J Courtney Valdez · Chief Compliance Officersince 12/2025 · owns less than 5%
Entity owners
- Andina Partners,LLC · Ownerdirect · owns 25% to 50%
- Cottonwood Investment · Ownerdirect · owns 25% to 50%
- L3 Investments, LLC · Ownerdirect · owns 10% to 25%
- Rmb Ventures LLC · Ownerdirect · owns 25% to 50%
- Silo 7, LLC · Partnerdirect · owns 5% to 10%
- Tdwellington, LLC · Ownerdirect · owns 25% to 50%
- Cottonwood Investment Management, LLC · Ownerindirect · owns F of Andina Partners,LLC
- Jeta Family, LLC · Ownerindirect · owns 25% to 50% of Andina Partners,LLC
Related persons
Schedule D 7.A
- Andina Performex Series Of Copperstone Multi-Series Idf LPpooled vehicle sponsory
- Andina Private Credit Strategies, LPpooled vehicle sponsory
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Logan, Ut · principal | 9 | 1 | 4 | 1 | |
| Draper, Ut | 2 | 0 | 0 | ||
| Providence, Ut | 2 | 0 | 0 | ||
| St Augustine, Fl | 0 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
- Logan, UT3 employees
- Vernal, UT1 employees
ADV anomalies
7 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Jul 2, 2026BELLISTON, JAMES, BRETT (OWNER) left Schedule A between the filings of 2024-09-30 and 2026-07-02peers: independent wealth managers, $1B to $5B (1,362)
- control person changedChange between filings · filing Jul 2, 2026MONSEN, CASEY, MARK (TRUSTEE) left Schedule A between the filings of 2024-09-30 and 2026-07-02peers: independent wealth managers, $1B to $5B (1,362)
- control person changedChange between filings · filing Jul 2, 2026LOWE, ROGER, ZEBULUN (OWNER) left Schedule A between the filings of 2024-09-30 and 2026-07-02peers: independent wealth managers, $1B to $5B (1,362)
- control person changedChange between filings · filing Jul 2, 2026Paul, Penny (CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2024-09-30 and 2026-07-02peers: independent wealth managers, $1B to $5B (1,362)
- client mix shiftChange between filings · filing Mar 31, 2026private-client share of RAUM moved from 50.0% to 77.0% between the annual amendments of 2025-03-26 and 2026-03-31peers: independent wealth managers, $1B to $5B (1,362)
- employee count surgeChange between filings · filing Mar 31, 2026employees (Item 5.A) moved from 17.0 to 31.0 (+82.0%) between the annual amendments of 2025-03-26 and 2026-03-31; the peer median change was +4.0% (1050 comparable advisers, 99.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,050) · 99% percentile
- HNW share shiftChange between filings · filing Mar 31, 2026HNW share of RAUM moved from 40.0% to 66.0% between the annual amendments of 2025-03-26 and 2026-03-31peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
- Advisory employees · 13 to 6Mar 31, 2026 to Jul 2, 2026
- Employees · 31 to 13Mar 31, 2026 to Jul 2, 2026
- Insurance-licensed employees · 0 to 1Mar 31, 2026 to Jul 2, 2026
- State-registered IARs · 12 to 6Mar 31, 2026 to Jul 2, 2026
- Other offices · 4 to 2Mar 31, 2026 to Jul 2, 2026
- Accounts · 3,341 to 4,262Jan 14, 2026 to Mar 31, 2026
- Advisory employees · 12 to 13Jan 14, 2026 to Mar 31, 2026
- Business name · ANDINA FAMILY OFFICES to ANDINA ADVISORSJan 14, 2026 to Mar 31, 2026
- Corporate clients · 51 to 68Jan 14, 2026 to Mar 31, 2026
- HNW clients · 165 to 223Jan 14, 2026 to Mar 31, 2026
- Individual clients · 337 to 409Jan 14, 2026 to Mar 31, 2026
- Pension plan clients · 9 to 10Jan 14, 2026 to Mar 31, 2026
- Pooled vehicle clients · 19 to 0Jan 14, 2026 to Mar 31, 2026
- Employees · 18 to 31Jan 14, 2026 to Mar 31, 2026
- Financial planning clients · 101-250 to 251-500Jan 14, 2026 to Mar 31, 2026
- State-registered IARs · 10 to 12Jan 14, 2026 to Mar 31, 2026
- Other offices · 2 to 4Jan 14, 2026 to Mar 31, 2026
- Private funds · 1 to unsetJan 14, 2026 to Mar 31, 2026
- Discretionary RAUM · $568M to $629MJan 14, 2026 to Mar 31, 2026
- HNW RAUM · $406M to $832MJan 14, 2026 to Mar 31, 2026
- Individual RAUM · $101M to $139MJan 14, 2026 to Mar 31, 2026
- Non-discretionary RAUM · $448M to $633MJan 14, 2026 to Mar 31, 2026
- Pension RAUM · $45.1M to $57.2MJan 14, 2026 to Mar 31, 2026
- Pooled vehicle RAUM · $373M to $0Jan 14, 2026 to Mar 31, 2026
- RAUM · $1.0B to $1.3BJan 14, 2026 to Mar 31, 2026
- HQ city · LEHI to LOGANAug 28, 2025 to Jan 14, 2026
- Other offices · 3 to 2Aug 28, 2025 to Jan 14, 2026
- Advisory employees · 11 to 12Mar 26, 2025 to Aug 28, 2025
- Employees · 17 to 18Mar 26, 2025 to Aug 28, 2025
- State-registered IARs · 9 to 10Mar 26, 2025 to Aug 28, 2025
- Other offices · 2 to 3Mar 26, 2025 to Aug 28, 2025
- Accounts · 3,589 to 3,341Dec 20, 2024 to Mar 26, 2025
- Corporate clients · 43 to 51Dec 20, 2024 to Mar 26, 2025
- HNW clients · 114 to 165Dec 20, 2024 to Mar 26, 2025
- Individual clients · 291 to 337Dec 20, 2024 to Mar 26, 2025
- Pension plan clients · 6 to 9Dec 20, 2024 to Mar 26, 2025
- Pooled vehicle clients · 16 to 19Dec 20, 2024 to Mar 26, 2025
- Assets in custody · $374M to $459MDec 20, 2024 to Mar 26, 2025
- Financial planning clients · 251-500 to 101-250Dec 20, 2024 to Mar 26, 2025
- Private funds · 3 to 1Dec 20, 2024 to Mar 26, 2025
Signals
21 dated events
- Tyler Marc Thompson left Andina Advisors for Tanara Wealth Management Llc (registered 2026-04-14)Apr 8, 2026 · Advisor changed firm · fact
- James Brett Belliston left Andina Advisors for Tanara Wealth Management Llc (registered 2026-04-14)Apr 8, 2026 · Advisor changed firm · fact
- Alex Phillip Graham left Andina Advisors for Tanara Wealth Management Llc (registered 2026-04-14)Apr 8, 2026 · Advisor changed firm · fact
- Roger Zebulun Lowe left Andina Advisors for Tanara Wealth Management Llc (registered 2026-04-13)Apr 8, 2026 · Advisor changed firm · fact
- Mason G Miles left Andina Advisors for Tanara Wealth Management Llc (registered 2026-04-14)Apr 2, 2026 · Advisor changed firm · fact
- 4 advisors left Andina Advisors (Logan, UT) for Tanara Wealth Management LLC within 6 daysApr 2, 2026 · Team lift-out · derived
- Andina Advisors reported RAUM $1.0B, up 26% from $808.5M (2024-12-20 to 2025-03-26)Mar 26, 2025 · RAUM change · derived
- Andina Advisors reported RAUM $808.5M, up 26% from $642.1M (2024-02-08 to 2024-03-21)Mar 21, 2024 · RAUM change · derived
- Luke Ballard Dance left Andina Advisors for Dance Investment Partners, Llc (registered 2025-06-06)Feb 8, 2024 · Advisor changed firm · fact
- Chad Ryan Poulson left Andina Advisors for Decker Retirement Planning Inc. (registered 2023-07-10)Jul 31, 2023 · Advisor changed firm · fact
- Andina Advisors reported RAUM $642.1M, up 39% from $461.2M (2022-12-15 to 2023-03-28)Mar 28, 2023 · RAUM change · derived
- Zebulun Roger Lowe (Owner) appeared on Schedule A of Andina AdvisorsMar 28, 2023 · Control person joined · fact
- Penny Paul (Chief Compliance Officer) appeared on Schedule A of Andina AdvisorsJun 16, 2022 · Control person joined · fact
- Mathew Ryan Bohm (Owner) appeared on Schedule A of Andina AdvisorsJun 16, 2022 · Control person joined · fact
- Tanner Dance (Owner) appeared on Schedule A of Andina AdvisorsJun 16, 2022 · Control person joined · fact
- Mark Casey Monsen (Trustee) appeared on Schedule A of Andina AdvisorsJun 16, 2022 · Control person joined · fact
- Core Capital Wealth Management, LLC's advisors moved to Andina Advisors (Providence, UT): 3 of 3 registered, on the same dayJun 2, 2022 · Firm absorbed (people side) · derived
- Andina Advisors reported RAUM $461.2M, up 79% from $258.1M (2022-02-03 to 2022-03-22)Mar 22, 2022 · RAUM change · derived
- Chester William Holliday left Andina Advisors for Elite Wealth Management, Llc (registered 2026-01-01)Mar 7, 2022 · Advisor changed firm · fact
- Andina Advisors reported RAUM $218.7M, up 89% from $115.8M (2019-02-01 to 2019-03-31)Mar 31, 2019 · RAUM change · derived
- Andina Family Offices filed its initial SEC registration (Form ADV)Nov 17, 2014 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Andina Family Offices · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Business email
- info@andinaadvisors.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 435-250-3700reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 385-464-4880reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/andina-family-officesreportedpublic record, Form ADV, Sep 18, 2026
- Firm profile
- linkedin.com/company/andina-advisorsreportedpublic record, Form ADV, Sep 18, 2026
- Website
- andinaadvisors.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- (435) 250 3700reportedpublic record, Form ADV, Jul 2, 2026
- Contact form
- andinaadvisors.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
- $126Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026