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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Former SEC-registered adviser

B•••••• H•••• W••••• M••••••••• L••

Former SEC-registered adviserB•••••• H••••, CaliforniaCRD 152031SEC 801-76566IAPD
Latest filing Oct 8, 2018
First filing on the tape Apr 13, 2012 · 30 filings
RAUM
$142M
reported, Item 5.F
Discretionary
73%
of RAUM
Private clients
100%
$142M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
5 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$142M as of Mar 29, 2018
Mar 14, 2013$229M then
HNW client RAUM: $122M
State-registered IARs (5.B.3)5 as of Mar 29, 2018
Mar 14, 201314 then
Employees (5.A)5 as of Mar 29, 2018
Mar 14, 201316 then
Private funds: no history
RAUM -7.4% over the last fiscal year-23% a year over threeIARs 8 to 5
Practice profile
derived from the filing of Oct 8, 2018; every figure names its basis
RAUM per advisor
$28.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
34derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.5MderivedHNW RAUM over HNW clients
Average account
$225,224derivedRAUM over accounts (5.F.2.f)
Discretionary
73%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
1.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
-7.4%derivedbetween the last two annual amendments
Advisor growth, one year
-38%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 individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, publicationsreportedItem 5.G
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)
  • is a trust company (6.A.8)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$122M86%
  • Individuals$20.3M14%
Individual clients
88reported
HNW clients
80reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
631reported
Financial planning clients
0reported
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
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • B••••• M•••••••• M••••••• · Managing Member & Chief Compliance Officercontrol
      since 12/2009 · owns 75% or more
    Related persons
    Schedule D 7.A
    • B••• I•••••••• S•••••••• L••
      real estatey
    Advisers that list B•••••• H•••• W••••• M••••••••• L•• as a related person
    Offices
    Schedule D 1.F, the 25 largest
    • Jacksonville, FL1 employees
    • Litchfield Park, AZ1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 627 to 631
      Oct 18, 2017 to Mar 29, 2018
    • Advisory activities · 5 to 6
      Oct 18, 2017 to Mar 29, 2018
    • BD registered reps · 5 to 0
      Oct 18, 2017 to Mar 29, 2018
    • HNW clients · 470 to 80
      Oct 18, 2017 to Mar 29, 2018
    • Individual clients · 157 to 88
      Oct 18, 2017 to Mar 29, 2018
    • Discretionary RAUM · $128M to $104M
      Oct 18, 2017 to Mar 29, 2018
    • HNW RAUM · $97.0M to $122M
      Oct 18, 2017 to Mar 29, 2018
    • Individual RAUM · $39.5M to $20.3M
      Oct 18, 2017 to Mar 29, 2018
    • Non-discretionary RAUM · $10.0M to $38.2M
      Oct 18, 2017 to Mar 29, 2018
    • Pension RAUM · 0.0 to unset
      Oct 18, 2017 to Mar 29, 2018
    • Pooled vehicle RAUM · 0.0 to unset
      Oct 18, 2017 to Mar 29, 2018
    • RAUM · $138M to $142M
      Oct 18, 2017 to Mar 29, 2018
    • Accounts · 775 to 627
      Sep 8, 2017 to Oct 4, 2017
    • HNW clients · unset to 470.0
      Sep 8, 2017 to Oct 4, 2017
    • Individual clients · unset to 157.0
      Sep 8, 2017 to Oct 4, 2017
    • Other offices · unset to 2.0
      Sep 8, 2017 to Oct 4, 2017
    • Discretionary RAUM · $143M to $128M
      Sep 8, 2017 to Oct 4, 2017
    • HNW RAUM · unset to 97000000.0
      Sep 8, 2017 to Oct 4, 2017
    • Individual RAUM · unset to 39500000.0
      Sep 8, 2017 to Oct 4, 2017
    • Pension RAUM · unset to 0.0
      Sep 8, 2017 to Oct 4, 2017
    • Pooled vehicle RAUM · unset to 0.0
      Sep 8, 2017 to Oct 4, 2017
    • RAUM · $153M to $138M
      Sep 8, 2017 to Oct 4, 2017
    • Advisory employees · 8 to 5
      Mar 21, 2017 to Jun 22, 2017
    • Employees · 8 to 5
      Mar 21, 2017 to Jun 22, 2017
    • Insurance-licensed employees · 5 to 0
      Mar 21, 2017 to Jun 22, 2017
    • State-registered IARs · 8 to 5
      Mar 21, 2017 to Jun 22, 2017
    • Related adviser · true to false
      Mar 21, 2017 to Jun 22, 2017
    • Accounts · 811 to 775
      Oct 21, 2016 to Mar 21, 2017
    • Advisory employees · 10 to 8
      Oct 21, 2016 to Mar 21, 2017
    • BD registered reps · 7 to 5
      Oct 21, 2016 to Mar 21, 2017
    • Employees · 10 to 8
      Oct 21, 2016 to Mar 21, 2017
    • Insurance-licensed employees · 0 to 5
      Oct 21, 2016 to Mar 21, 2017
    • Financial planning clients · 1-10 to 0
      Oct 21, 2016 to Mar 21, 2017
    • State-registered IARs · 9 to 8
      Oct 21, 2016 to Mar 21, 2017
    • Discretionary RAUM · $289M to $143M
      Oct 21, 2016 to Mar 21, 2017
    • Non-discretionary RAUM · $619,000 to $10.0M
      Oct 21, 2016 to Mar 21, 2017
    • RAUM · $289M to $153M
      Oct 21, 2016 to Mar 21, 2017
    • Related adviser · false to true
      Oct 21, 2016 to Mar 21, 2017
    • Accounts · 1,119 to 811
      Sep 9, 2015 to Mar 30, 2016
    • Advisory employees · 12 to 10
      Sep 9, 2015 to Mar 30, 2016
    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