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

M•••••• G•••• A•••• M••••••••• I•••

Independent wealth managerDallas, TexasCRD 154127SEC 801-71582websiteIAPD
Latest filing Sep 3, 2026
First filing on the tape Feb 6, 2012 · 36 filings
SEC status approved since Jul 14, 2010
RAUM
$1.1B
reported, Item 5.F
Discretionary
92%
of RAUM
Private clients
96%
$1.0B individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$155M
derived; firm RAUM over IAPD count
Employees
9
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$1.1B as of May 20, 2026
Feb 6, 2012$108M then
HNW client RAUM$862M as of May 20, 2026
Mar 29, 2018$292M then
State-registered IARs (5.B.3)7 as of May 20, 2026
Feb 6, 20120 then
Employees (5.A)9 as of May 20, 2026
Mar 25, 20138 then
Private funds: no history
RAUM +8.7% over the last fiscal year+12% a year over threeIARs 8 to 7
Practice profile
derived from the filing of Sep 3, 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$155MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
679derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$774,773derivedHNW RAUM over HNW clients
Average account
$226,917derivedRAUM over accounts (5.F.2.f)
Discretionary
92%derivedof RAUM
Institutional
2.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
7.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+8.7%derivedbetween the last two annual amendments
Advisor growth, one year
-13%derivedItem 5.B.3 between annual amendments
Client growth, one year
+560%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Wrap fee program
$1.0BreportedItem 5.I
Custody
$9.0M, 9 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$862M80%
  • Individuals$176M16%
  • Charitable organizations$23.5M2.2%
  • Corporations and businesses$14.8M1.4%
  • Pension and profit-sharing plans$7.6M0.7%
Individual clients
3,642reported
HNW clients
1,112reported
Pension plan clients
2reported
Charitable clients
10reported
Accounts
4,773reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$9.0M for 9 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.96 fund_share=0.0 institutional_share=0.03 related_bd= related_bank= bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S•••••• D••• M••••••Dallas, TxAug 6, 201040 y2
A••••• J••• O••••Dallas, TxDec 1, 201030 y0
A•••••••• G•••••• T•••••Dallas, TxOct 25, 201131 y1
S•••••• M• N•••••Dallas, TxFeb 22, 201819 y0
H••••••• K•••• S••••Dallas, TxMay 10, 202110 y0
J•••• C••••Dallas, TxMay 6, 202211 y0
P•••••• S•••• L•••Dallas, TxJun 9, 202213 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 headcount1 left over 36 months
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • M••••••• S••••••• D••• · Presidentcontrol
    since 06/2010 · owns less than 5%
  • T•••••• A••••••••• G•••••• · Presidentcontrol
    since 02/2026 · owns less than 5%
  • M••••••• S••••••• D••• · Ownercontrol
    since 07/2022 · owns 75% or more of M•••••• G•••• W••••• M••••••••• L••
  • S••••••• I•••••• L•• · Chief Compliance Officer
    since 06/2014 · owns less than 5%
  • W••••••• A•••••• S• · Chief Compliance Officer
    since 05/2026 · owns less than 5%
Entity owners
  • M•••••• G•••• W••••• · Owner
    direct · owns 75% or more
  • M•••••• G•••• W••••• M••••••••• L•• · Owner
    direct · 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
OfficeAdvisorsJoinedLeftTeams outForming
Dallas, Tx · principal700
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
5 against comparable advisers; where to look, not conclusions
  • unusually high clients per a••••••Static outlier · filing Sep 3, 2026
    private clients per advisor of 679.1 against a peer median of 64.5 (1151 comparable advisers, 99.0th percentile, 15.0 robust deviations)
    peers: independent wealth managers, $1B to $5B (1,151) · 99% percentile
  • control person changedChange between filings · filing Sep 3, 2026
    T•••••• A••••••••• G•••••• (PRESIDENT) appeared on Schedule A between the filings of 2024-03-28 and 2026-09-03
    peers: independent wealth managers, $1B to $5B (1,362)
  • client count surgeChange between filings · filing Mar 27, 2026
    individual and HNW clients (Item 5.D) moved from 720.0 to 4,754.0 (+560.0%) between the annual amendments of 2025-03-26 and 2026-03-27; the peer median change was +5.0% (1132 comparable advisers, 100.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,132) · 100% percentile
  • account count surgeChange between filings · filing Mar 27, 2026
    accounts (Item 5.F.2.f) moved from 2,050.0 to 4,773.0 (+133.0%) between the annual amendments of 2025-03-26 and 2026-03-27; the peer median change was +6.0% (1206 comparable advisers, 97.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,206) · 97% percentile
  • HNW share shiftChange between filings · filing Mar 27, 2026
    HNW share of RAUM moved from 30.0% to 80.0% between the annual amendments of 2025-03-26 and 2026-03-27
    peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
  • Financial planning clients · 0 to 0
    May 20, 2026 to Sep 3, 2026
  • Related adviser · false to unset
    May 20, 2026 to Sep 3, 2026
  • Related bank · false to unset
    May 20, 2026 to Sep 3, 2026
  • Related broker-dealer · false to unset
    May 20, 2026 to Sep 3, 2026
  • Related insurance company · false to unset
    May 20, 2026 to Sep 3, 2026
  • Succession · false to unset
    May 20, 2026 to Sep 3, 2026
  • Accounts · 2,050 to 4,773
    Mar 26, 2025 to Mar 27, 2026
  • Advisory employees · 8 to 5
    Mar 26, 2025 to Mar 27, 2026
  • Charity clients · 12 to 10
    Mar 26, 2025 to Mar 27, 2026
  • Corporate clients · 6 to 7
    Mar 26, 2025 to Mar 27, 2026
  • HNW clients · 30 to 1,112
    Mar 26, 2025 to Mar 27, 2026
  • Individual clients · 690 to 3,642
    Mar 26, 2025 to Mar 27, 2026
  • Pension plan clients · 5 to 2
    Mar 26, 2025 to Mar 27, 2026
  • Assets in custody · unset to 8988645.0
    Mar 26, 2025 to Mar 27, 2026
  • Custody of client assets · false to true
    Mar 26, 2025 to Mar 27, 2026
  • Employees · 10 to 9
    Mar 26, 2025 to Mar 27, 2026
  • State-registered IARs · 8 to 7
    Mar 26, 2025 to Mar 27, 2026
  • Discretionary RAUM · $916M to $1.0B
    Mar 26, 2025 to Mar 27, 2026
  • HNW RAUM · $303M to $862M
    Mar 26, 2025 to Mar 27, 2026
  • Individual RAUM · $648M to $176M
    Mar 26, 2025 to Mar 27, 2026
  • Non-discretionary RAUM · $80.9M to $82.4M
    Mar 26, 2025 to Mar 27, 2026
  • Pension RAUM · $11.1M to $7.6M
    Mar 26, 2025 to Mar 27, 2026
  • RAUM · $997M to $1.1B
    Mar 26, 2025 to Mar 27, 2026
  • Accounts · 2,001 to 2,050
    Jun 26, 2024 to Mar 26, 2025
  • Corporate clients · 5 to 6
    Jun 26, 2024 to Mar 26, 2025
  • HNW clients · 22 to 30
    Jun 26, 2024 to Mar 26, 2025
  • Individual clients · 674 to 690
    Jun 26, 2024 to Mar 26, 2025
  • Financial planning clients · 0 to 0
    Jun 26, 2024 to Mar 26, 2025
  • Discretionary RAUM · $779M to $916M
    Jun 26, 2024 to Mar 26, 2025
  • HNW RAUM · $222M to $303M
    Jun 26, 2024 to Mar 26, 2025
  • Individual RAUM · $571M to $648M
    Jun 26, 2024 to Mar 26, 2025
  • Non-discretionary RAUM · $58.7M to $80.9M
    Jun 26, 2024 to Mar 26, 2025
  • Pension RAUM · $10.4M to $11.1M
    Jun 26, 2024 to Mar 26, 2025
  • RAUM · $838M to $997M
    Jun 26, 2024 to Mar 26, 2025
  • Accounts · 2,061 to 2,001
    Mar 30, 2023 to Mar 28, 2024
  • Advisory employees · 9 to 8
    Mar 30, 2023 to Mar 28, 2024
  • Charity clients · 10 to 12
    Mar 30, 2023 to Mar 28, 2024
  • Corporate clients · 3 to 5
    Mar 30, 2023 to Mar 28, 2024
  • HNW clients · 20 to 22
    Mar 30, 2023 to Mar 28, 2024
  • Individual clients · 680 to 674
    Mar 30, 2023 to Mar 28, 2024
Signals
2 dated events
  • V•••••• V••••• A•••• left M•••••• G•••• A•••• M••••••••• I••• for S•••••••• A•••••••• L•• (registered 2025-04-03)
    Mar 7, 2025 · a•••••• firm change · fact
  • E••• A••• E•••• left M•••••• G•••• A•••• M••••••••• I••• for R••••••••• P••••••• O• A•••••• (registered 2024-01-29)
    Mar 18, 2022 · a•••••• firm change · 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 phone
214-720-4400reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
214-888-3241reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
214-888-3243reportedpublished by the firm, firm site, Sep 16, 2026
Website
NETWORTHMEDIA.NETreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
214-720-4400reportedpublic record, Form ADV, Sep 3, 2026
Contact form
themcgowangroup.com/contact-usreportedpublished by the firm, firm site, Sep 16, 2026
Team page
themcgowangroup.com/meet-the-teamreportedpublished by the firm, firm site, Sep 16, 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
$155Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026