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
B•••• C•••••• M••••••••• L••
Latest filing Sep 2, 2026
First filing on the tape Jan 24, 2018 · 25 filings
SEC status approved since Feb 26, 2018
RAUM
$235M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
99%
$233M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$118M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$235M as of Mar 18, 2026
Mar 8, 2018$114M then
HNW client RAUM$230M as of Mar 18, 2026
Mar 8, 2018$107M then
State-registered IARs (5.B.3)2 as of Mar 18, 2026
Mar 8, 20181 then
Employees (5.A)2 as of Mar 18, 2026
Mar 8, 20181 then
Private funds: no history
RAUM -9.7% over the last fiscal year+5.0% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Sep 2, 2026; every figure names its basis
Archetypes, each a printed rule
- 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
- $118MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 18derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $8.5MderivedHNW RAUM over HNW clients
- Average account
- $1.5MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 1.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 1.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- -9.7%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +6.1%derived
- Compensation
- percentage of assets, hourly, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Custody
- $743,776, 3 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$230M98%
- Charitable organizations$2.6M1.1%
- Individuals$2.5M1.0%
- Individual clients
- 8reported
- HNW clients
- 27reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 159reported
- Financial planning clients
- 11-25reported
- Wrap fee programs
- noreported
- Custody of client assets
- $743,776 for 3 clientsreported
- Compensation
- % of AUM, hourlyreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd= related_bank= bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| B•••••• D• N•••••Certified Financial Planner, Chartered Financial Analyst | Dallas, Tx | May 27, 2010 | 22 y | 0 |
| C••••• D•••••• I•• B••••••Certified Financial Planner | Dallas, Tx | Apr 1, 2019 | 14 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 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
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- N•••••• B••••••• D• · Managing Member And Chief Compliance Officercontrolsince 07/2004 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Dallas, Tx | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- unusually large average HNW clientStatic outlier · filing Sep 2, 2026HNW RAUM per HNW client of $8,532,694 against a peer median of $2,404,040 (4940 comparable advisers, 99.0th percentile, 4.1 robust deviations)peers: independent wealth managers, $100M to $500M (4,940) · 99% percentile
What changed
consecutive filings, newest first
- Financial planning clients · 11-25 to 11-25Mar 18, 2026 to Sep 2, 2026
- HQ city · to unsetMar 18, 2026 to Sep 2, 2026
- HQ state · to unsetMar 18, 2026 to Sep 2, 2026
- Related adviser · false to unsetMar 18, 2026 to Sep 2, 2026
- Related bank · false to unsetMar 18, 2026 to Sep 2, 2026
- Related broker-dealer · false to unsetMar 18, 2026 to Sep 2, 2026
- Related insurance company · false to unsetMar 18, 2026 to Sep 2, 2026
- Succession · false to unsetMar 18, 2026 to Sep 2, 2026
- Accounts · 153 to 159Aug 14, 2025 to Mar 18, 2026
- HNW clients · 28 to 27Aug 14, 2025 to Mar 18, 2026
- Assets in custody · $763,679 to $743,776Aug 14, 2025 to Mar 18, 2026
- Discretionary RAUM · $260M to $230MAug 14, 2025 to Mar 18, 2026
- HNW RAUM · $252M to $230MAug 14, 2025 to Mar 18, 2026
- Individual RAUM · $3.5M to $2.5MAug 14, 2025 to Mar 18, 2026
- Non-discretionary RAUM · $4.4M to $5.3MAug 14, 2025 to Mar 18, 2026
- RAUM · $265M to $235MAug 14, 2025 to Mar 18, 2026
- Accounts · 159 to 153Feb 25, 2025 to Aug 14, 2025
- Individual clients · 5 to 8Feb 25, 2025 to Aug 14, 2025
- Assets in custody · unset to 763679.0Feb 25, 2025 to Aug 14, 2025
- Custody of client assets · false to trueFeb 25, 2025 to Aug 14, 2025
- Discretionary RAUM · $256M to $260MFeb 25, 2025 to Aug 14, 2025
- HNW RAUM · $249M to $252MFeb 25, 2025 to Aug 14, 2025
- Individual RAUM · $2.6M to $3.5MFeb 25, 2025 to Aug 14, 2025
- Non-discretionary RAUM · $4.9M to $4.4MFeb 25, 2025 to Aug 14, 2025
- RAUM · $261M to $265MFeb 25, 2025 to Aug 14, 2025
- Accounts · 155 to 159Feb 26, 2024 to Feb 25, 2025
- HNW clients · 26 to 28Feb 26, 2024 to Feb 25, 2025
- Individual clients · 6 to 5Feb 26, 2024 to Feb 25, 2025
- Financial planning clients · 11-25 to 11-25Feb 26, 2024 to Feb 25, 2025
- HQ city · unset to Feb 26, 2024 to Feb 25, 2025
- HQ state · unset to Feb 26, 2024 to Feb 25, 2025
- Discretionary RAUM · $228M to $256MFeb 26, 2024 to Feb 25, 2025
- HNW RAUM · $222M to $249MFeb 26, 2024 to Feb 25, 2025
- Individual RAUM · $3.0M to $2.6MFeb 26, 2024 to Feb 25, 2025
- RAUM · $233M to $261MFeb 26, 2024 to Feb 25, 2025
- Accounts · 144 to 155Jun 27, 2023 to Feb 26, 2024
- HNW clients · 25 to 26Jun 27, 2023 to Feb 26, 2024
- Discretionary RAUM · $200M to $228MJun 27, 2023 to Feb 26, 2024
- HNW RAUM · $193M to $222MJun 27, 2023 to Feb 26, 2024
- Individual RAUM · $2.4M to $3.0MJun 27, 2023 to Feb 26, 2024
Signals
1 dated events
- B•••• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)Jan 24, 2018 · First SEC registration · fact
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 email
- info@birchcm.comreportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 214-810-2824reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- linkedin.com/company/birch-capital-managementreportedpublic record, Form ADV, Sep 18, 2026
- Website
- B••••CM.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- (214) 810-2824reportedpublic record, Form ADV, Sep 2, 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
- $118Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026