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

Pathways Wealth Management, Inc.

Independent wealth managerCRD 154125SEC 801-130750websiteIAPD
Latest filing Aug 27, 2026
First filing on the tape Mar 23, 2012 · 14 filings
SEC status approved since Jul 25, 2024
RAUM
$287M
reported, Item 5.F
Discretionary
79%
of RAUM
Private clients
95%
$274M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$95.7M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$287M as of Aug 27, 2026
Mar 23, 2012$29.9M then
HNW client RAUM$176M as of Aug 27, 2026
Apr 29, 2025$59.9M then
State-registered IARs (5.B.3)3 as of Aug 27, 2026
Mar 23, 20120 then
Employees (5.A)5 as of Aug 27, 2026
Apr 29, 20255 then
Private funds: no history
RAUM +115% over the last fiscal yearIARs 3 to 3
Practice profile
derived from the filing of Aug 27, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$95.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
161derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$303,725derivedRAUM over accounts (5.F.2.f)
Discretionary
79%derivedof RAUM
Institutional
2.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+115%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-27%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for pooled vehicles, pension consultingreportedItem 5.G
Wrap fee program
$60.6MreportedItem 5.I
Custody
$47.7M, 116 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)
  • 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$176M61%
  • Individuals$97.7M34%
  • Pension and profit-sharing plans$8.4M2.9%
  • Corporations and businesses$4.7M1.6%
Individual clients
410reported
HNW clients
74reported
Pension plan clients
4reported
Charitable clients
0reported
Accounts
945reported
Financial planning clients
1-10reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$47.7M for 116 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.95 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Dustin Blake BeamCertified Financial PlannerTipp City, OhAug 30, 201025 y3
Andrea Meisel ClarkTipp City, OhJan 27, 201632 y3
Caden Blake BeamTipp City, OhJan 6, 202512 y0
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
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Blake Dustin Beam · Presidentcontrol
    since 01/2022 · owns 75% or more
  • Ann Sonia Goforth · Chief Compliance Officer
    since 06/2024 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Advisers that list Pathways Wealth Management, Inc. as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Tipp City, Oh300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
4 against comparable advisers; where to look, not conclusions
  • clients down average size upCombination · filing Mar 24, 2026
    private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $133,311,983 to $287,019,868, advisors 3 to 3, private clients 662 to 484, offices 0 to 0 (2025-04-29 to 2026-03-24)
    peers: independent wealth managers, $100M to $500M (5,676)
  • discretionary share shiftChange between filings · filing Mar 24, 2026
    discretionary share of RAUM moved from 49.0% to 79.0% between the annual amendments of 2025-04-29 and 2026-03-24
    peers: independent wealth managers, $100M to $500M (5,676)
  • HNW share shiftChange between filings · filing Mar 24, 2026
    HNW share of RAUM moved from 45.0% to 61.0% between the annual amendments of 2025-04-29 and 2026-03-24
    peers: independent wealth managers, $100M to $500M (5,676)
  • RAUM up 50 %Change between filings · filing Mar 24, 2026
    RAUM (Item 5.F) moved from $133,311,983 to $287,019,868 (+115.0%) between the annual amendments of 2025-04-29 and 2026-03-24; the peer median change was +15.0% (4551 comparable advisers, 99.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (4,551) · 99% percentile
What changed
consecutive filings, newest first
  • Accounts · 683 to 945
    Oct 13, 2025 to Mar 24, 2026
  • BD registered reps · 2 to 0
    Oct 13, 2025 to Mar 24, 2026
  • Corporate clients · 14 to 20
    Oct 13, 2025 to Mar 24, 2026
  • HNW clients · 35 to 74
    Oct 13, 2025 to Mar 24, 2026
  • Individual clients · 627 to 410
    Oct 13, 2025 to Mar 24, 2026
  • Pension plan clients · 7 to 4
    Oct 13, 2025 to Mar 24, 2026
  • Assets in custody · $31.7M to $47.7M
    Oct 13, 2025 to Mar 24, 2026
  • Financial planning clients · 0 to 1-10
    Oct 13, 2025 to Mar 24, 2026
  • Discretionary RAUM · $65.6M to $226M
    Oct 13, 2025 to Mar 24, 2026
  • HNW RAUM · $59.9M to $176M
    Oct 13, 2025 to Mar 24, 2026
  • Individual RAUM · $66.0M to $97.7M
    Oct 13, 2025 to Mar 24, 2026
  • Non-discretionary RAUM · $67.7M to $60.6M
    Oct 13, 2025 to Mar 24, 2026
  • Pension RAUM · $6.8M to $8.4M
    Oct 13, 2025 to Mar 24, 2026
  • RAUM · $133M to $287M
    Oct 13, 2025 to Mar 24, 2026
  • Financial planning clients · 0 to 0
    Jun 20, 2025 to Oct 13, 2025
  • Accounts · 624 to 683
    Aug 26, 2024 to Apr 29, 2025
  • Advisory employees · 2 to 3
    Aug 26, 2024 to Apr 29, 2025
  • Advisory activities · 3 to 4
    Aug 26, 2024 to Apr 29, 2025
  • BD registered reps · 1 to 2
    Aug 26, 2024 to Apr 29, 2025
  • Corporate clients · 7 to 14
    Aug 26, 2024 to Apr 29, 2025
  • HNW clients · 21 to 35
    Aug 26, 2024 to Apr 29, 2025
  • Individual clients · 538 to 627
    Aug 26, 2024 to Apr 29, 2025
  • Pension plan clients · 1 to 7
    Aug 26, 2024 to Apr 29, 2025
  • Employees · 2 to 5
    Aug 26, 2024 to Apr 29, 2025
  • Insurance-licensed employees · 1 to 0
    Aug 26, 2024 to Apr 29, 2025
  • HQ city · unset to
    Aug 26, 2024 to Apr 29, 2025
  • HQ state · unset to
    Aug 26, 2024 to Apr 29, 2025
  • State-registered IARs · 2 to 3
    Aug 26, 2024 to Apr 29, 2025
  • Discretionary RAUM · $0 to $65.6M
    Aug 26, 2024 to Apr 29, 2025
  • HNW RAUM · $37.8M to $59.9M
    Aug 26, 2024 to Apr 29, 2025
  • Individual RAUM · $81.7M to $66.0M
    Aug 26, 2024 to Apr 29, 2025
  • Non-discretionary RAUM · $125M to $67.7M
    Aug 26, 2024 to Apr 29, 2025
  • Pension RAUM · $4.7M to $6.8M
    Aug 26, 2024 to Apr 29, 2025
  • RAUM · $125M to $133M
    Aug 26, 2024 to Apr 29, 2025
  • Wrap assets (manager) · $125M to $0
    Aug 26, 2024 to Apr 29, 2025
  • Wrap assets (sponsor) · $125M to $0
    Aug 26, 2024 to Apr 29, 2025
  • Accounts · 300 to 624
    May 2, 2012 to Jun 25, 2024
  • Advisory employees · unset to 2.0
    May 2, 2012 to Jun 25, 2024
  • BD registered reps · unset to 1.0
    May 2, 2012 to Jun 25, 2024
  • Charity clients · unset to 0.0
    May 2, 2012 to Jun 25, 2024
Signals
4 dated events
  • Pathways Wealth Management, Inc. reported RAUM $287.0M, up 115% from $133.3M (2025-10-13 to 2026-03-24)
    Mar 24, 2026 · RAUM change · derived
  • Blake Dustin Beam (President) appeared on Schedule A of Pathways Wealth Management, Inc.
    Jun 25, 2024 · Control person joined · fact
  • Meisel Andrea Clark (Chief Compliance Officer/President) no longer on Schedule A of Pathways Wealth Management, Inc. (listed 2012-05-02, absent 2024-06-25)
    Jun 25, 2024 · Control person left · inference
  • Pathways Wealth Management, Inc. filed its initial SEC registration (Form ADV)
    Jun 25, 2024 · 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
juliebeam@pathwayswm.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
877-389-3882reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
937-221-9700reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
937-506-0016reportedpublished by the firm, firm site, Sep 15, 2026
Website
PATHWAYSWM.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
937-552-9765reportedpublic record, Form ADV, Aug 27, 2026
Contact form
pathwayswm.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
pathwayswm.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
$95.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026