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SEC-registered adviser

S••••••••• A•••• M••••••••• L••

Other adviserMemphis, TennesseeCRD 154572SEC 801-71849websiteIAPD
Latest filing Jul 29, 2026
First filing on the tape Dec 1, 2011 · 29 filings
SEC status approved since Sep 23, 2010
RAUM
$749M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
6.7%
$50.0M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$749M
derived; firm RAUM over IAPD count
Employees
15
15 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$749M as of Jul 29, 2026
Mar 21, 2012$2.1B then
HNW client RAUM$32.3M as of Jul 29, 2026
Mar 29, 2018$322M then
State-registered IARs (5.B.3)1 as of Jul 29, 2026
Apr 1, 20134 then
Employees (5.A)15 as of Jul 29, 2026
Apr 1, 201325 then
Private funds1 as of Mar 26, 2020
Mar 21, 20121 then
RAUM -10% over the last fiscal year-5.9% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Jul 29, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$749MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
67derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$8.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
36%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
15.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-10%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-14%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$393M52%
  • Pension and profit-sharing plans$161M21%
  • Charitable organizations$108M14%
  • High-net-worth individuals$32.3M4.3%
  • Pooled investment vehicles$30.4M4.1%
  • Individuals$17.8M2.4%
  • Corporations and businesses$6.9M0.9%
Individual clients
54reported
HNW clients
13reported
Pension plan clients
5reported
Charitable clients
5reported
Accounts
88reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $30.2M managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.07 fund_share=0.56 institutional_share=0.36 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M•••••• S•••• C••••Memphis, TnJan 14, 201118 y0
Advisor movement
0 left, 0 joined in 12 months
Private funds
2 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
T•• U•••••••• F•••• L••no longer reportedOther Private Fund$1.2M10Mar 21, 2012
B••• F••• I• L••no longer reportedOther Private Fund$913,32510Mar 30, 2016
Owners and control persons
Schedule A and B, latest filing
  • C•••• M••••••• W•••••• · Chairman/Principal/Mgmt Comm Mbrcontrol
    since 01/2003 · owns 25% to 50%
  • C•••• P••••••• W•••••• · Chief Investment Officer/Managing Partner/Principal/Mgmt Comm Mbrcontrol
    since 01/2009 · owns 5% to 10%
  • C••••• M••••••• S•••• · Portfolio Manager/Principalcontrol
    since 01/2009 · owns 5% to 10%
  • H•••••••• W••••••• P• · Chief Compliance Officer/Principal/Mgmt Comm Mbrcontrol
    since 12/2006 · owns 10% to 25%
  • W•••••• A•••••• M••••• · President/Principalcontrol
    since 10/2023 · owns less than 5%
  • C•••• M••••••• W•••••• · Membercontrol
    since 12/2012 · owns 50% to 75% of O•••••••• P••••••• L••
  • C•••• P••••••• W•••••• · Membercontrol
    since 08/2020 · owns F of T•••••••• I••••••••• C•••••• L•••••• P•••••••••
  • M••••••• A•••••• P••••• · Chief Financial Officer
    since 01/2020 · owns less than 5%
Entity owners
  • T•••••••• I••••••••• C•••••• L•••••• P••••••••• · Member
    direct · owns 25% to 50%
  • O•••••••• P••••••• L•• · Member
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 99 to 88
    Mar 26, 2025 to Mar 30, 2026
  • Advisory employees · 17 to 15
    Mar 26, 2025 to Mar 30, 2026
  • HNW clients · 16 to 13
    Mar 26, 2025 to Mar 30, 2026
  • Individual clients · 62 to 54
    Mar 26, 2025 to Mar 30, 2026
  • Employees · 17 to 15
    Mar 26, 2025 to Mar 30, 2026
  • Discretionary RAUM · $835M to $749M
    Mar 26, 2025 to Mar 30, 2026
  • HNW RAUM · $36.8M to $32.3M
    Mar 26, 2025 to Mar 30, 2026
  • Individual RAUM · $21.7M to $17.8M
    Mar 26, 2025 to Mar 30, 2026
  • Pension RAUM · $157M to $161M
    Mar 26, 2025 to Mar 30, 2026
  • Pooled vehicle RAUM · $28.7M to $30.4M
    Mar 26, 2025 to Mar 30, 2026
  • RAUM · $835M to $749M
    Mar 26, 2025 to Mar 30, 2026
  • Wrap assets (manager) · $30.3M to $30.2M
    Mar 26, 2025 to Mar 30, 2026
  • Accounts · 97 to 99
    Mar 27, 2024 to Mar 26, 2025
  • Advisory employees · 4 to 17
    Mar 27, 2024 to Mar 26, 2025
  • Charity clients · 4 to 5
    Mar 27, 2024 to Mar 26, 2025
  • Corporate clients · 6.0 to unset
    Mar 27, 2024 to Mar 26, 2025
  • HNW clients · 17 to 16
    Mar 27, 2024 to Mar 26, 2025
  • Individual clients · 59 to 62
    Mar 27, 2024 to Mar 26, 2025
  • Pension plan clients · 4 to 5
    Mar 27, 2024 to Mar 26, 2025
  • Financial planning clients · unset to
    Mar 27, 2024 to Mar 26, 2025
  • Discretionary RAUM · $906M to $835M
    Mar 27, 2024 to Mar 26, 2025
  • HNW RAUM · $39.1M to $36.8M
    Mar 27, 2024 to Mar 26, 2025
  • Individual RAUM · $19.6M to $21.7M
    Mar 27, 2024 to Mar 26, 2025
  • Pension RAUM · $134M to $157M
    Mar 27, 2024 to Mar 26, 2025
  • Pooled vehicle RAUM · $28.2M to $28.7M
    Mar 27, 2024 to Mar 26, 2025
  • RAUM · $906M to $835M
    Mar 27, 2024 to Mar 26, 2025
  • Wrap assets (manager) · $31.3M to $30.3M
    Mar 27, 2024 to Mar 26, 2025
  • Accounts · 89 to 97
    Oct 26, 2023 to Mar 27, 2024
  • Advisory employees · 5 to 4
    Oct 26, 2023 to Mar 27, 2024
  • Charity clients · 5 to 4
    Oct 26, 2023 to Mar 27, 2024
  • Corporate clients · 7 to 6
    Oct 26, 2023 to Mar 27, 2024
  • HNW clients · 13 to 17
    Oct 26, 2023 to Mar 27, 2024
  • Individual clients · 53 to 59
    Oct 26, 2023 to Mar 27, 2024
  • Pension plan clients · 5 to 4
    Oct 26, 2023 to Mar 27, 2024
  • Pooled vehicle clients · 2 to 3
    Oct 26, 2023 to Mar 27, 2024
  • Discretionary RAUM · $899M to $906M
    Oct 26, 2023 to Mar 27, 2024
  • HNW RAUM · $31.1M to $39.1M
    Oct 26, 2023 to Mar 27, 2024
  • Individual RAUM · $18.2M to $19.6M
    Oct 26, 2023 to Mar 27, 2024
  • Pension RAUM · $133M to $134M
    Oct 26, 2023 to Mar 27, 2024
  • Pooled vehicle RAUM · $22.3M to $28.2M
    Oct 26, 2023 to Mar 27, 2024
Signals
6 dated events
  • Morgan Angela Wimmer (President/Principal) appeared on Schedule A of S••••••••• A•••• M••••••••• L••
    Mar 27, 2024 · Control person joined · fact
  • S••••••••• A•••• M••••••••• L•• reported RAUM $904.2M, down 28% from $1.3B (2020-09-03 to 2021-03-31)
    Mar 31, 2021 · RAUM change · derived
  • Michael John Roach (Chief Administrative Officer/Principal) no longer on Schedule A of S••••••••• A•••• M••••••••• L•• (listed 2020-09-03, absent 2021-03-31)
    Mar 31, 2021 · Control person left · inference
  • Michael John Roach (Chief Administrative Officer/Principal) appeared on Schedule A of S••••••••• A•••• M••••••••• L••
    Mar 26, 2020 · Control person joined · fact
  • S••••••••• A•••• M••••••••• L•• reported RAUM $1.5B, down 37% from $2.4B (2018-11-12 to 2019-03-22)
    Mar 22, 2019 · RAUM change · derived
  • S••••••••• A•••• M••••••••• L•• reported RAUM $2.4B, down 42% from $4.2B (2018-03-29 to 2018-11-12)
    Nov 12, 2018 · RAUM change · derived
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
S•••••••••AM.COMreportedpublic record, Form ADV, Sep 21, 2026
Principal office phone
901-341-2700reportedpublic record, Form ADV, Jul 29, 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
Other adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
$749Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026