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
Vantage Wealth Management, LLC
Latest filing Mar 13, 2026
First filing on the tape Apr 3, 2012 · 32 filings
SEC status approved since Jan 4, 2010
RAUM
$1.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$1.1B individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$187M
derived; firm RAUM over IAPD count
Employees
9
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$1.1B as of Mar 13, 2026
Apr 3, 2012$113M then
HNW client RAUM$962M as of Mar 13, 2026
Mar 22, 2018$250M then
State-registered IARs (5.B.3)8 as of Mar 13, 2026
Apr 3, 20120 then
Employees (5.A)9 as of Mar 13, 2026
Mar 25, 20136 then
Private funds: no history
RAUM +25% over the last fiscal year+27% a year over threeIARs 8 to 8
Practice profile
derived from the filing of Mar 13, 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
- $187MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 106derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.6MderivedHNW RAUM over HNW clients
- Average account
- $594,819derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 6.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +25%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +3.1%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, otherreportedItem 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)
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$962M86%
- Individuals$154M14%
- Pension and profit-sharing plans$7.1M0.6%
- Individual clients
- 371reported
- HNW clients
- 264reported
- Pension plan clients
- 4reported
- Charitable clients
- n/areported
- Accounts
- 1,888reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Brandy Michele Martinez NavarroCertified Financial Planner, Chartered Financial Consultant | San Mateo, Ca | Feb 1, 2010 | 24 y | 1 |
| Mitone Mendezona Griffiths | San Mateo, Ca | Feb 1, 2010 | 18 y | 1 |
| David Val FerneliusCertified Financial Planner | San Mateo, Ca | Feb 1, 2010 | 36 y | 1 |
| John D LeeCertified Financial Planner | San Mateo, Ca | Feb 9, 2015 | 19 y | 1 |
| Tom O'BrienCertified Financial Planner, Chartered Financial Consultant | San Mateo, Ca | Jul 17, 2020 | 18 y | 1 |
| Robert Frankland StaffordCertified Financial Planner | San Mateo, Ca | Feb 13, 2024 | 23 y | 2 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 17% of current headcount1 left over 36 months
Left, latest
- Christina Danielle Gann Munguia to Team Hewins, LLCDec 31, 2025 · RIA to RIA
- Christopher John Thomas to Align Wealth Management, LLCDec 31, 2022 · RIA to RIA
- Aaron Michael Agte to Graystone Advisor, LLCJun 26, 2019 · RIA to a state-registered adviser
Joined, latest
- Robert Frankland Stafford from Woodbury Financial Services, Inc.Feb 13, 2024 · Affiliated broker-dealer or bank to independent RIA
- Christina Danielle Gann Munguia from Team Hewins, LLCMar 11, 2021 · RIA to RIA
- Tom O'Brien from Securian Financial Services, Inc.Jul 17, 2020 · Affiliated broker-dealer or bank to independent RIA
- John D Lee from Securian Financial Services, Inc.Feb 9, 2015 · Other
- Christopher John Thomas from Securian Financial Services, Inc.Feb 1, 2010 · Other
- Brandy Michele Martinez Navarro from Securian Financial Services, Inc.Feb 1, 2010 · Other
- Mitone Mendezona Griffiths from Securian Financial Services, Inc.Feb 1, 2010 · Other
- Aaron Michael Agte from Securian Financial Services, Inc.Feb 1, 2010 · Other
- David Val Fernelius from Securian Financial Services, Inc.Feb 1, 2010 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Val David Fernelius · Managing Membercontrolsince 02/2007 · owns 10% to 25%
- Marie Sarah Kardavani · Chief Compliance Officercontrolsince 01/2022 · owns less than 5%
- D John Lee · Membercontrolsince 02/2015 · owns 10% to 25%
- Michele Martinez Brandy Navarro · Membercontrolsince 02/2007 · owns 10% to 25%
- Tom O'Brien · Membercontrolsince 07/2020 · owns 10% to 25%
- Frankland Robert Stafford · Membercontrolsince 01/2023 · owns 10% to 25%
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 |
|---|---|---|---|---|---|
| San Mateo, Ca · principal | 6 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,751 to 1,888Mar 26, 2025 to Mar 13, 2026
- HNW clients · 227 to 264Mar 26, 2025 to Mar 13, 2026
- Individual clients · 389 to 371Mar 26, 2025 to Mar 13, 2026
- Discretionary RAUM · $897M to $1.1BMar 26, 2025 to Mar 13, 2026
- HNW RAUM · $735M to $962MMar 26, 2025 to Mar 13, 2026
- Individual RAUM · $156M to $154MMar 26, 2025 to Mar 13, 2026
- Pension RAUM · $5.9M to $7.1MMar 26, 2025 to Mar 13, 2026
- RAUM · $897M to $1.1BMar 26, 2025 to Mar 13, 2026
- Accounts · 1,470 to 1,751Mar 21, 2024 to Mar 26, 2025
- HNW clients · 144 to 227Mar 21, 2024 to Mar 26, 2025
- Individual clients · 406 to 389Mar 21, 2024 to Mar 26, 2025
- Pension plan clients · 0 to 4Mar 21, 2024 to Mar 26, 2025
- Financial planning clients · 101-250 to 51-100Mar 21, 2024 to Mar 26, 2025
- Discretionary RAUM · $607M to $897MMar 21, 2024 to Mar 26, 2025
- HNW RAUM · $195M to $735MMar 21, 2024 to Mar 26, 2025
- Individual RAUM · $407M to $156MMar 21, 2024 to Mar 26, 2025
- Pension RAUM · $4.3M to $5.9MMar 21, 2024 to Mar 26, 2025
- RAUM · $607M to $897MMar 21, 2024 to Mar 26, 2025
- Accounts · 1,568 to 1,470Nov 9, 2023 to Mar 21, 2024
- HNW clients · 227 to 144Nov 9, 2023 to Mar 21, 2024
- Individual clients · 480 to 406Nov 9, 2023 to Mar 21, 2024
- Pension plan clients · 4 to 0Nov 9, 2023 to Mar 21, 2024
- Financial planning clients · 51-100 to 101-250Nov 9, 2023 to Mar 21, 2024
- Discretionary RAUM · $546M to $607MNov 9, 2023 to Mar 21, 2024
- HNW RAUM · $403M to $195MNov 9, 2023 to Mar 21, 2024
- Individual RAUM · $140M to $407MNov 9, 2023 to Mar 21, 2024
- Pension RAUM · $3.2M to $4.3MNov 9, 2023 to Mar 21, 2024
- RAUM · $546M to $607MNov 9, 2023 to Mar 21, 2024
- Accounts · 1,378 to 1,568Dec 21, 2022 to Mar 29, 2023
- HNW clients · 148 to 227Dec 21, 2022 to Mar 29, 2023
- Individual clients · 364 to 480Dec 21, 2022 to Mar 29, 2023
- Pension plan clients · 5 to 4Dec 21, 2022 to Mar 29, 2023
- Employees · 10 to 9Dec 21, 2022 to Mar 29, 2023
- Other offices · 1 to 0Dec 21, 2022 to Mar 29, 2023
- Discretionary RAUM · $489M to $546MDec 21, 2022 to Mar 29, 2023
- HNW RAUM · $363M to $403MDec 21, 2022 to Mar 29, 2023
- Individual RAUM · $122M to $140MDec 21, 2022 to Mar 29, 2023
- Pension RAUM · $3.1M to $3.2MDec 21, 2022 to Mar 29, 2023
- RAUM · $489M to $546MDec 21, 2022 to Mar 29, 2023
- Related insurance company · true to falseDec 21, 2022 to Mar 29, 2023
Signals
10 dated events
- Vantage Wealth Management, Llc reported RAUM $1.1B, up 25% from $897.4M (2025-03-26 to 2026-03-13)Mar 13, 2026 · RAUM change · derived
- Christina Danielle Gann Munguia left Vantage Wealth Management, Llc for Team Hewins, Llc (registered 2026-04-29)Dec 31, 2025 · Advisor changed firm · fact
- Vantage Wealth Management, Llc reported RAUM $897.4M, up 48% from $606.6M (2024-03-21 to 2025-03-26)Mar 26, 2025 · RAUM change · derived
- Frankland Robert Stafford (Member) appeared on Schedule A of Vantage Wealth Management, LlcMar 29, 2023 · Control person joined · fact
- Christopher John Thomas left Vantage Wealth Management, Llc for Align Wealth Management, Llc (registered 2022-12-09)Dec 31, 2022 · Advisor changed firm · fact
- John Christopher Thomas (Member) no longer on Schedule A of Vantage Wealth Management, Llc (listed 2022-11-02, absent 2022-12-21)Dec 21, 2022 · Control person left · inference
- Mendezona Mitone Griffiths (Chief Compliance Officer) no longer on Schedule A of Vantage Wealth Management, Llc (listed 2021-04-29, absent 2022-03-31)Mar 31, 2022 · Control person left · inference
- Marie Sarah Kardavani (Chief Compliance Officer) appeared on Schedule A of Vantage Wealth Management, LlcMar 31, 2022 · Control person joined · fact
- Vantage Wealth Management, Llc reported RAUM $458.0M, up 40% from $327.9M (2020-12-22 to 2021-03-25)Mar 25, 2021 · RAUM change · derived
- Michael Aaron Agte (Director Of Financial Planning) no longer on Schedule A of Vantage Wealth Management, Llc (listed 2018-03-22, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
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@vantagewealthmgmt.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 650-638-9600reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 650-638-9604reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- VANTAGEWEALTHMGMT.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 650-638-9600reportedpublic record, Form ADV, Mar 13, 2026
- Team page
- vantagewealthmgmt.com/teamreportedpublished by the firm, firm site, Sep 15, 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
- $187Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026