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.

Former SEC-registered adviser

Advanced Practice Advisors, LLC

Former SEC-registered adviserLa Quinta, CaliforniaCRD 154084SEC 801-71514IAPD
Latest filing Oct 5, 2018
First filing on the tape Mar 21, 2012 · 89 filings
RAUM
$21.2M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$21.2M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
89 filings and snapshots on the tape
RAUM$39.0M as of May 8, 2018
Mar 21, 2012$103M then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of May 8, 2018
Mar 21, 20120 then
Employees (5.A)4 as of May 8, 2018
Mar 28, 20130 then
Private funds: no history
RAUM -81% over the last fiscal year-42% a year over threeIARs 9 to 2
Practice profile
derived from the filing of Oct 5, 2018; every figure names its basis
RAUM per advisor
$10.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$240,357derivedRAUM over accounts (5.F.2.f)
Discretionary
100%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
0.4derived5 offices incl. principal (1.F.5)
RAUM growth, one year
-66%derivedbetween the last two annual amendments
Advisor growth, one year
-89%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$21.2M100%
Individual clients
88reported
HNW clients
n/areported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
88reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Curtis Paul Spitzer · Ccocontrol
      since 06/2018 · owns less than 5%
    • Curtis Paul Spitzer · Co-Trusteecontrol
      since 08/2013 · owns 50% to 75% of Paul C. Spitzer & Marybeth Brown Family Trust Dtd 8/9/2013
    • Marybeth Brown · Co-Trustee
      since 08/2013 · owns 50% to 75% of Paul C. Spitzer & Marybeth Brown Family Trust Dtd 8/9/2013
    Entity owners
    • Paul C. Spitzer & Marybeth Brown Family Trust Dtd 8/9/2013 · Family Trust
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    What changed
    consecutive filings, newest first
    • State-registered IARs · 0 to 2
      Aug 23, 2018 to Oct 5, 2018
    • Accounts · 161 to 88
      Jun 29, 2018 to Jul 11, 2018
    • Individual clients · 102 to 88
      Jun 29, 2018 to Jul 11, 2018
    • Discretionary RAUM · $40.7M to $21.2M
      Jun 29, 2018 to Jul 11, 2018
    • Individual RAUM · $26.4M to $21.2M
      Jun 29, 2018 to Jul 11, 2018
    • RAUM · $40.7M to $21.2M
      Jun 29, 2018 to Jul 11, 2018
    • Advisory employees · 3 to 2
      May 8, 2018 to Jun 29, 2018
    • Advisory activities · 3 to 1
      May 8, 2018 to Jun 29, 2018
    • Individual clients · 161 to 102
      May 8, 2018 to Jun 29, 2018
    • Employees · 4 to 2
      May 8, 2018 to Jun 29, 2018
    • Insurance-licensed employees · 1 to 0
      May 8, 2018 to Jun 29, 2018
    • State-registered IARs · 1 to 0
      May 8, 2018 to Jun 29, 2018
    • Discretionary RAUM · $39.0M to $40.7M
      May 8, 2018 to Jun 29, 2018
    • Individual RAUM · $39.0M to $26.4M
      May 8, 2018 to Jun 29, 2018
    • RAUM · $39.0M to $40.7M
      May 8, 2018 to Jun 29, 2018
    • Accounts · 417 to 161
      May 3, 2018 to May 8, 2018
    • BD registered reps · 1 to 0
      May 3, 2018 to May 8, 2018
    • State-registered IARs · 3 to 1
      May 3, 2018 to May 8, 2018
    • Advisory employees · 6 to 3
      Mar 13, 2018 to May 3, 2018
    • Accounts · 474 to 417
      Mar 13, 2018 to May 3, 2018
    • HNW clients · 25.0 to unset
      Mar 13, 2018 to May 3, 2018
    • Individual clients · 151 to 161
      Mar 13, 2018 to May 3, 2018
    • Employees · 8 to 4
      Mar 13, 2018 to May 3, 2018
    • State-registered IARs · 5 to 3
      Mar 13, 2018 to May 3, 2018
    • Discretionary RAUM · $96.1M to $39.0M
      Mar 13, 2018 to May 3, 2018
    • HNW RAUM · 67001821.0 to unset
      Mar 13, 2018 to May 3, 2018
    • Individual RAUM · $29.1M to $39.0M
      Mar 13, 2018 to May 3, 2018
    • RAUM · $96.1M to $39.0M
      Mar 13, 2018 to May 3, 2018
    • Related adviser · true to false
      Mar 13, 2018 to May 3, 2018
    • Advisory activities · 4 to 3
      Mar 2, 2018 to Mar 13, 2018
    • Accounts · 542 to 474
      Aug 18, 2017 to Mar 2, 2018
    • Advisory activities · 7 to 4
      Aug 18, 2017 to Mar 2, 2018
    • Charity clients · unset to 0.0
      Aug 18, 2017 to Mar 2, 2018
    • Corporate clients · unset to 0.0
      Aug 18, 2017 to Mar 2, 2018
    • HNW clients · unset to 25.0
      Aug 18, 2017 to Mar 2, 2018
    • Individual clients · unset to 151.0
      Aug 18, 2017 to Mar 2, 2018
    • Pension plan clients · unset to 0.0
      Aug 18, 2017 to Mar 2, 2018
    • Pooled vehicle clients · unset to 0.0
      Aug 18, 2017 to Mar 2, 2018
    • Insurance-licensed employees · 0 to 1
      Aug 18, 2017 to Mar 2, 2018
    • Financial planning clients · 26-50 to 0
      Aug 18, 2017 to Mar 2, 2018
    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