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

Desert Rose Capital Management, Inc.

Independent wealth managerMeridian, IdahoCRD 154331SEC 801-124883websiteIAPD
Latest filing Mar 20, 2026
First filing on the tape Mar 31, 2022 · 15 filings
SEC status approved since May 3, 2022
RAUM
$192M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
63%
$120M individuals and HNW
Advisors
12
registered through the firm on IAPD
RAUM per advisor
$16.0M
derived; firm RAUM over IAPD count
Employees
22
10 advisory (5.B.1)
Offices
7
beyond the principal office
Private funds
1
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$192M as of Mar 20, 2026
Mar 31, 2023$180M then
HNW client RAUM$51.9M as of Mar 20, 2026
Mar 31, 2023$16.4M then
State-registered IARs (5.B.3)11 as of Mar 20, 2026
Mar 31, 20233 then
Employees (5.A)22 as of Mar 20, 2026
Mar 31, 202313 then
Private funds1 as of Mar 20, 2026
Mar 26, 20251 then
RAUM +71% over the last fiscal year+2.1% a year over threeIARs 12 to 11offices 6 to 7
Practice profile
derived from the filing of Mar 20, 2026; every figure names its basis
Archetypes, each a printed rule
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
RAUM per advisor
$16.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
60derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.4MderivedHNW RAUM over HNW clients
Average account
$167,949derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
1.5derived8 offices incl. principal (1.F.5)
RAUM growth, one year
+71%derivedbetween the last two annual amendments
Advisor growth, one year
-8.3%derivedItem 5.B.3 between annual amendments
Client growth, one year
+88%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisers, educational seminarsreportedItem 5.G
Custody
$32.0M, 144 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$68.4M36%
  • High-net-worth individuals$51.9M27%
  • Pooled investment vehicles$37.5M19%
  • Other investment advisers$34.1M18%
  • Pension and profit-sharing plans$233,6020.1%
Individual clients
687reported
HNW clients
36reported
Pension plan clients
2reported
Charitable clients
0reported
Accounts
1,144reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$32.0M for 144 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.63 fund_share=0.37 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
12 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Kirk Alan StaffordMeridian, IdJul 19, 201030 y2
Nathaniel D StoddardMeridian, IdApr 12, 201919 y1
Drew M. MccurdyMeridian, Id Jul 24, 202320 y0
Valerie Rachelle CoffeyMeridian, Id Jan 2, 202410 y1
Rohit JahagirdarMeridian, IdJan 24, 202411 y1
Spencer William AndersonMeridian, IdMar 14, 202412 y1
Sherika RallifordMeridian, IdSep 12, 202412 y3
James Robert RippelSylvania, OhNov 7, 202441 y0
Casey Ray MccurdyMeridian, Id Jan 1, 202511 y2
Steven Paul LifgrenMeridian, Id Dec 1, 202526 y5
Bo Leslie BrowerLehi, Ut Dec 15, 202525 y1
Mikenna FogleMeridian, IdApr 14, 202610 y0
Advisor movement
2 left, 3 joined in 12 months
net +1 in 12 months1 left in 90 days1 joined in 90 daysdeparture rate 17% of current headcount3 left over 36 months
Joined, latest
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Cash Value Fund, LPHedge Fund$24.6M63Sep 3, 2024
Owners and control persons
Schedule A and B, latest filing
  • Mausmi Pala · Chief Compliance Officercontrol
    since 03/2024 · owns less than 5%
  • Alan Kirk Stafford · President & Chief Executive Officercontrol
    since 06/2010 · owns 75% or more
Related persons
Schedule D 7.A
  • Cash Value Fund Gp, LLC
    pooled vehicle sponsorn
  • The Stafford Corporation
    real estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Meridian, Id · principal1130
Folsom, Ca001
Freeport, Fl001
Offices
Schedule D 1.F, the 25 largest
  • Reno, NV2 employees
  • Valley Springs, CA1 employees
  • , 1 employees
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • account count surgeChange between filings · filing Mar 20, 2026
    accounts (Item 5.F.2.f) moved from 686.0 to 1,144.0 (+67.0%) between the annual amendments of 2025-03-26 and 2026-03-20; the peer median change was +5.0% (3688 comparable advisers, 97.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,688) · 97% percentile
  • client count surgeChange between filings · filing Mar 20, 2026
    individual and HNW clients (Item 5.D) moved from 384.0 to 723.0 (+88.0%) between the annual amendments of 2025-03-26 and 2026-03-20; the peer median change was +3.0% (3310 comparable advisers, 99.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,310) · 99% percentile
  • RAUM up 50 %Change between filings · filing Mar 20, 2026
    RAUM (Item 5.F) moved from $112,679,913 to $192,134,096 (+71.0%) between the annual amendments of 2025-03-26 and 2026-03-20; the peer median change was +15.0% (4551 comparable advisers, 98.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (4,551) · 98% percentile
What changed
consecutive filings, newest first
  • Accounts · 686 to 1,144
    Aug 29, 2025 to Feb 6, 2026
  • Advisory employees · 11 to 10
    Aug 29, 2025 to Feb 6, 2026
  • HNW clients · 8 to 36
    Aug 29, 2025 to Feb 6, 2026
  • Individual clients · 376 to 687
    Aug 29, 2025 to Feb 6, 2026
  • Pension plan clients · 1 to 2
    Aug 29, 2025 to Feb 6, 2026
  • Assets in custody · $3.0M to $32.0M
    Aug 29, 2025 to Feb 6, 2026
  • Employees · 19 to 22
    Aug 29, 2025 to Feb 6, 2026
  • State-registered IARs · 12 to 11
    Aug 29, 2025 to Feb 6, 2026
  • Other offices · 6 to 7
    Aug 29, 2025 to Feb 6, 2026
  • Discretionary RAUM · $112M to $192M
    Aug 29, 2025 to Feb 6, 2026
  • HNW RAUM · $14.4M to $51.9M
    Aug 29, 2025 to Feb 6, 2026
  • Individual RAUM · $48.5M to $68.4M
    Aug 29, 2025 to Feb 6, 2026
  • Non-discretionary RAUM · $1.1M to $205,489
    Aug 29, 2025 to Feb 6, 2026
  • Pension RAUM · $574,365 to $233,602
    Aug 29, 2025 to Feb 6, 2026
  • Pooled vehicle RAUM · $30.1M to $37.5M
    Aug 29, 2025 to Feb 6, 2026
  • RAUM · $113M to $192M
    Aug 29, 2025 to Feb 6, 2026
  • Financial planning clients · 0 to 0
    Mar 26, 2025 to Aug 29, 2025
  • Accounts · 503 to 686
    Dec 17, 2024 to Mar 26, 2025
  • Advisory employees · 8 to 11
    Dec 17, 2024 to Mar 26, 2025
  • HNW clients · 105 to 8
    Dec 17, 2024 to Mar 26, 2025
  • Individual clients · 323 to 376
    Dec 17, 2024 to Mar 26, 2025
  • Pension plan clients · 0 to 1
    Dec 17, 2024 to Mar 26, 2025
  • Assets in custody · $12.4M to $3.0M
    Dec 17, 2024 to Mar 26, 2025
  • Employees · 11 to 19
    Dec 17, 2024 to Mar 26, 2025
  • State-registered IARs · 9 to 12
    Dec 17, 2024 to Mar 26, 2025
  • Other offices · 4 to 6
    Dec 17, 2024 to Mar 26, 2025
  • Discretionary RAUM · $79.6M to $112M
    Dec 17, 2024 to Mar 26, 2025
  • HNW RAUM · $22.5M to $14.4M
    Dec 17, 2024 to Mar 26, 2025
  • Individual RAUM · $22.9M to $48.5M
    Dec 17, 2024 to Mar 26, 2025
  • Non-discretionary RAUM · $0 to $1.1M
    Dec 17, 2024 to Mar 26, 2025
  • Pension RAUM · $0 to $574,365
    Dec 17, 2024 to Mar 26, 2025
  • Pooled vehicle RAUM · $24.6M to $30.1M
    Dec 17, 2024 to Mar 26, 2025
  • RAUM · $79.6M to $113M
    Dec 17, 2024 to Mar 26, 2025
  • Accounts · 701 to 503
    Mar 22, 2024 to Sep 3, 2024
  • Private funds · unset to 1
    Mar 22, 2024 to Sep 3, 2024
  • Discretionary RAUM · $71.2M to $79.6M
    Mar 22, 2024 to Sep 3, 2024
  • HNW RAUM · $23.4M to $22.5M
    Mar 22, 2024 to Sep 3, 2024
  • Individual RAUM · $21.2M to $22.9M
    Mar 22, 2024 to Sep 3, 2024
  • Non-discretionary RAUM · $46.0M to $0
    Mar 22, 2024 to Sep 3, 2024
  • Pooled vehicle RAUM · $16.3M to $24.6M
    Mar 22, 2024 to Sep 3, 2024
Signals
7 dated events
  • Alfredo Atencio left Desert Rose Capital Management, Inc. for Foundations Investment Advisors LLC (registered 2026-09-16)
    Sep 8, 2026 · Advisor changed firm · fact
  • Shaun Michael Clearwater left Desert Rose Capital Management, Inc. for Full Focus Capital Management (registered 2026-02-23)
    Nov 21, 2025 · Advisor changed firm · fact
  • Mark Gordon Huhta left Desert Rose Capital Management, Inc. for Gradient Advisors, Llc (registered 2025-06-23)
    Jul 23, 2025 · Advisor changed firm · fact
  • Mausmi Pala (Chief Compliance Officer) appeared on Schedule A of Desert Rose Capital Management, Inc.
    Mar 21, 2024 · Control person joined · fact
  • Colton Paul Jackson left Desert Rose Capital Management, Inc. for Aspen Creek Wealth Management, Llc (registered 2023-06-20)
    Mar 9, 2023 · Advisor changed firm · fact
  • Matthew Douglas Weinert left Desert Rose Capital Management, Inc. for Inspire Investing, Llc (registered 2022-12-05)
    Nov 2, 2022 · Advisor changed firm · fact
  • Desert Rose Capital Management, Inc. filed its initial SEC registration (Form ADV)
    Mar 31, 2022 · 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
support@desertrosecapital.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
208-297-2710reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/desertrosecapitalreportedpublic record, Form ADV, Sep 17, 2026
Website
DESERTROSECAPITAL.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
208 297-2710reportedpublic record, Form ADV, Mar 20, 2026
Contact form
desertrosecapital.com/contact-usreportedpublished by the firm, firm site, Sep 16, 2026
Team page
desertrosecapital.com/our-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
$16.0Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026