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

Vora Wealth Management, Pllc

Independent wealth managerFlagstaff, ArizonaCRD 153559SEC 801-122599websiteIAPD
Latest filing Apr 4, 2024
First filing on the tape Oct 1, 2021 · 20 filings
SEC status approved since Oct 29, 2021
RAUM
$74.8M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
93%
$69.3M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$74.8M as of Apr 4, 2024
Oct 1, 2021$140M then
HNW client RAUM$14.9M as of Apr 4, 2024
Oct 1, 2021$34.2M then
State-registered IARs (5.B.3)1 as of Apr 4, 2024
Oct 1, 20212 then
Employees (5.A)1 as of Apr 4, 2024
Oct 1, 20212 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Apr 4, 2024; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$74.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
599derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$70,232derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
7.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
0.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 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, pension consulting, selection of other advisers, educational seminarsreportedItem 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$54.4M73%
  • High-net-worth individuals$14.9M20%
  • Pension and profit-sharing plans$5.5M7.4%
Individual clients
593reported
HNW clients
6reported
Pension plan clients
61reported
Charitable clients
n/areported
Accounts
1,065reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.93 fund_share=0.0 institutional_share=0.07 related_bd=false related_bank=false bd_reps=0.0derived
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
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Virendra Dharmesh Vora · Chief Compliance Officercontrol
    since 10/2010 · owns less than 5%
  • Virendra Dharmesh Vora · Managing Membercontrol
    since 06/2014 · owns 75% or more of Vora Holdings, LLC
Entity owners
  • Vora Holdings, LLC · Passive Owner
    direct · owns 75% or more
  • Om Laxmi, Inc · Direct Owner
    direct · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Flagstaff, Az · principal000
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Employees · 3 to 1
    Nov 16, 2023 to Apr 4, 2024
  • Advisory employees · 3 to 1
    Nov 15, 2023 to Nov 16, 2023
  • Employees · 4 to 3
    Nov 15, 2023 to Nov 16, 2023
  • State-registered IARs · 3 to 1
    Nov 15, 2023 to Nov 16, 2023
  • Advisory employees · 4 to 3
    Sep 7, 2023 to Nov 15, 2023
  • Employees · 6 to 4
    Sep 7, 2023 to Nov 15, 2023
  • State-registered IARs · 4 to 3
    Sep 7, 2023 to Nov 15, 2023
  • Employees · 5 to 6
    Apr 13, 2023 to May 26, 2023
  • Accounts · 685 to 1,065
    Dec 6, 2022 to Mar 24, 2023
  • Advisory employees · 3 to 4
    Dec 6, 2022 to Mar 24, 2023
  • Advisory activities · 4 to 5
    Dec 6, 2022 to Mar 24, 2023
  • Charity clients · 2.0 to unset
    Dec 6, 2022 to Mar 24, 2023
  • HNW clients · 14 to 6
    Dec 6, 2022 to Mar 24, 2023
  • Individual clients · 581 to 593
    Dec 6, 2022 to Mar 24, 2023
  • Pension plan clients · 88 to 61
    Dec 6, 2022 to Mar 24, 2023
  • Employees · 3 to 5
    Dec 6, 2022 to Mar 24, 2023
  • Financial planning clients · 101-250 to 0
    Dec 6, 2022 to Mar 24, 2023
  • State-registered IARs · 3 to 4
    Dec 6, 2022 to Mar 24, 2023
  • Discretionary RAUM · $139M to $74.8M
    Dec 6, 2022 to Mar 24, 2023
  • HNW RAUM · $30.0M to $14.9M
    Dec 6, 2022 to Mar 24, 2023
  • Individual RAUM · $96.2M to $54.4M
    Dec 6, 2022 to Mar 24, 2023
  • Pension RAUM · $12.4M to $5.5M
    Dec 6, 2022 to Mar 24, 2023
  • RAUM · $139M to $74.8M
    Dec 6, 2022 to Mar 24, 2023
  • Accounts · 669 to 685
    Dec 7, 2021 to Mar 15, 2022
  • Advisory activities · 5 to 4
    Dec 7, 2021 to Mar 15, 2022
  • Corporate clients · 3.0 to unset
    Dec 7, 2021 to Mar 15, 2022
  • HNW clients · 18 to 14
    Dec 7, 2021 to Mar 15, 2022
  • Individual clients · 600 to 581
    Dec 7, 2021 to Mar 15, 2022
  • Pension plan clients · unset to 88.0
    Dec 7, 2021 to Mar 15, 2022
  • Financial planning clients · 26-50 to 101-250
    Dec 7, 2021 to Mar 15, 2022
  • Discretionary RAUM · $140M to $139M
    Dec 7, 2021 to Mar 15, 2022
  • HNW RAUM · $34.2M to $30.0M
    Dec 7, 2021 to Mar 15, 2022
  • Individual RAUM · $104M to $96.2M
    Dec 7, 2021 to Mar 15, 2022
  • Pension RAUM · unset to 12416856.0
    Dec 7, 2021 to Mar 15, 2022
  • RAUM · $140M to $139M
    Dec 7, 2021 to Mar 15, 2022
  • Advisory employees · 2 to 3
    Oct 8, 2021 to Dec 7, 2021
  • Employees · 2 to 3
    Oct 8, 2021 to Dec 7, 2021
  • State-registered IARs · 2 to 3
    Oct 8, 2021 to Dec 7, 2021
Signals
4 dated events
  • Michael Kenneth Herrmann left Vora Wealth Management, Pllc for Simplicity Wealth (registered 2023-11-13)
    Nov 1, 2023 · Advisor changed firm · fact
  • Joseph Frank Lynch left Vora Wealth Management, Pllc for Sowell Management (registered 2023-10-20)
    Oct 18, 2023 · Advisor changed firm · fact
  • Zachary Waldon left Vora Wealth Management, Pllc for Equitable Advisors, Llc (registered 2023-09-07)
    Aug 8, 2023 · Advisor changed firm · fact
  • Vora Wealth Management, Pllc filed its initial SEC registration (Form ADV)
    Oct 1, 2021 · 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
Website
vorawealth.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
928-526-8672reportedpublic record, Form ADV, Apr 4, 2024
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
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026