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
Longboard Asset Management
Legal name Longboard Asset Management, LP
Latest filing Apr 24, 2026
First filing on the tape Nov 29, 2011 · 38 filings
SEC status approved since Jul 28, 2011
RAUM
$104M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$51.9M
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
38 filings and snapshots on the tape
RAUM$104M as of Apr 24, 2026
Mar 30, 2012$28.4M then
HNW client RAUM: no history
State-registered IARs (5.B.3)5 as of Apr 24, 2026
Mar 30, 20120 then
Employees (5.A)9 as of Apr 24, 2026
Apr 1, 20138 then
Private funds1 as of Mar 28, 2019
Mar 30, 20121 then
RAUM -27% over the last fiscal year-8.9% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Apr 24, 2026; every figure names its basis
- RAUM per advisor
- $51.9MderivedRAUM 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
- $104MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 4.5derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -27%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for investment companiesreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$104M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=3.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Cole Mcallister Wilcox | Phoenix, Az | Feb 19, 2014 | 29 y | 3 |
| Sarah Elizabeth Baldwin | Phoenix, Az | Aug 26, 2019 | 20 y | 0 |
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 headcount2 left over 36 months
Left, latest
- William Greer Castiel to Fisher InvestmentsJul 16, 2024 · Other
- Thomas John Bruce to Cetera Advisors LLCDec 26, 2023 · Other
- Jared Albert Klapman to Algorithmic Investment ModelsNov 4, 2019 · Other
- Curtis Christensen to Virtua Capital Management, LLCSep 23, 2019 · Other
- Kenneth Lavon Chambers to Orion Portfolio Solutions, LLCJul 30, 2019 · Other
- David Benjamin Jacobson to Idx AdvisorsDec 31, 2017 · Other
- Seth Lewis Zudell to Edelman Financial EnginesMar 6, 2017 · Other
- Trevor Burlison to Assetmark, Inc.Feb 20, 2017 · Other
- Kenneth Barber to Strategic Advisers LLCNov 10, 2014 · Other
- Perry John Dufresne to Keystone Wealth Partners LLCNov 10, 2014 · Other
- William Patrick Connor to BakeravenueAug 19, 2013 · Other
- Mark C Dziuba to Morgan StanleyAug 19, 2013 · Other
Joined, latest
- Curtis Christensen from Banc Of America Investment Services, Inc.Feb 28, 2017 · Other
- Kenneth Barber from Scout Investments, Inc.Jul 21, 2014 · Other
- Cole Mcallister Wilcox from Blackstar Funds, LLCFeb 19, 2014 · Other
- William Patrick Connor from Merrill Lynch, Pierce, Fenner & Smith IncorporatedApr 10, 2013 · Other
- Mark C Dziuba from Scout Investments, Inc.Mar 26, 2013 · Other
Private funds
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Longboard Partners, LPno longer reported | Hedge Fund | $11.1M | 6 | Mar 30, 2012 |
Owners and control persons
Schedule A and B, latest filing
- Elizabeth Sarah Baldwin · Portfolio Managercontrolsince 06/2019 · owns less than 5%
- Reed Curtis Christensen · Chief Compliance Officercontrolsince 10/2013 · owns less than 5%
- Mcallister Cole Wilcox · Chief Executive Officer, Partner, Chief Investment Officercontrolsince 12/2010 · owns 75% or more
- Mcallister Cole Wilcox · Membercontrolsince 11/2016 · owns 75% or more of Longboard Asset Management Gp, LLC
Entity owners
- Longboard Asset Management Gp, LLC · General Partnerdirect · owns less than 5%
- Valle Vista Holdings, LLC · Non-Voting Memberdirect · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Phoenix, Az | 2 | 0 | 0 | ||
| Sarasota, Fl | 1 | 0 | 0 | ||
| Minneapolis, Mn | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM down advisors stableCombination · filing Apr 24, 2026peers: asset managers, $100M to $500M (1,567)
What changed
consecutive filings, newest first
- Advisory activities · 2 to 3Jan 2, 2026 to Mar 30, 2026
- Advisory employees · 6 to 5Mar 29, 2025 to Jan 2, 2026
- Advisory activities · 1 to 2Mar 29, 2025 to Jan 2, 2026
- BD registered reps · 2 to 3Mar 29, 2025 to Jan 2, 2026
- Employees · 10 to 9Mar 29, 2025 to Jan 2, 2026
- Discretionary RAUM · $142M to $104MMar 29, 2025 to Jan 2, 2026
- RAUM · $142M to $104MMar 29, 2025 to Jan 2, 2026
- Advisory employees · 4 to 6Mar 29, 2024 to Mar 29, 2025
- Advisory activities · 2 to 1Mar 29, 2024 to Mar 29, 2025
- BD registered reps · 1 to 2Mar 29, 2024 to Mar 29, 2025
- Insurance-licensed employees · 0 to 1Mar 29, 2024 to Mar 29, 2025
- Financial planning clients · 0 to 0Mar 29, 2024 to Mar 29, 2025
- HQ city · unset to Mar 29, 2024 to Mar 29, 2025
- HQ state · unset to Mar 29, 2024 to Mar 29, 2025
- State-registered IARs · 4 to 5Mar 29, 2024 to Mar 29, 2025
- Discretionary RAUM · $116M to $142MMar 29, 2024 to Mar 29, 2025
- RAUM · $116M to $142MMar 29, 2024 to Mar 29, 2025
- Accounts · 2 to 1Jan 3, 2024 to Mar 29, 2024
- Advisory employees · 6 to 4Jan 3, 2024 to Mar 29, 2024
- BD registered reps · 2 to 1Jan 3, 2024 to Mar 29, 2024
- Employees · 12 to 10Jan 3, 2024 to Mar 29, 2024
- Discretionary RAUM · $137M to $116MJan 3, 2024 to Mar 29, 2024
- RAUM · $137M to $116MJan 3, 2024 to Mar 29, 2024
- Advisory employees · 4 to 6Mar 30, 2022 to Mar 30, 2023
- Employees · 10 to 12Mar 30, 2022 to Mar 30, 2023
- Discretionary RAUM · $143M to $137MMar 30, 2022 to Mar 30, 2023
- RAUM · $143M to $137MMar 30, 2022 to Mar 30, 2023
- Discretionary RAUM · $87.2M to $143MMar 30, 2021 to Mar 30, 2022
- RAUM · $87.2M to $143MMar 30, 2021 to Mar 30, 2022
- Employees · 7 to 10May 1, 2020 to Mar 30, 2021
- Discretionary RAUM · $88.6M to $87.2MMay 1, 2020 to Mar 30, 2021
- RAUM · $88.6M to $87.2MMay 1, 2020 to Mar 30, 2021
- Advisory employees · 3 to 4Mar 27, 2020 to May 1, 2020
- BD registered reps · 1 to 2Mar 27, 2020 to May 1, 2020
- Employees · 6 to 7Mar 27, 2020 to May 1, 2020
- HQ city · PHOENIX to unsetMar 27, 2020 to May 1, 2020
- HQ state · AZ to unsetMar 27, 2020 to May 1, 2020
- State-registered IARs · 3 to 4Mar 27, 2020 to May 1, 2020
- Discretionary RAUM · $82.2M to $88.6MMar 27, 2020 to May 1, 2020
- RAUM · $82.2M to $88.6MMar 27, 2020 to May 1, 2020
Signals
6 dated events
- William Greer Castiel left Longboard Asset Management for Fisher Investments (registered 2024-07-22)Jul 16, 2024 · Advisor changed firm · fact
- Thomas John Bruce left Longboard Asset Management for Cetera Advisors Llc (registered 2024-03-18)Dec 26, 2023 · Advisor changed firm · fact
- Longboard Asset Management reported RAUM $149.1M, down 43% from $262.6M (2019-06-05 to 2019-09-05)Sep 5, 2019 · RAUM change · derived
- Elizabeth Sarah Baldwin (Chief Operating Officer) appeared on Schedule A of Longboard Asset ManagementJun 5, 2019 · Control person joined · fact
- Longboard Asset Management reported RAUM $262.6M, down 29% from $372.1M (2018-12-05 to 2019-03-28)Mar 28, 2019 · RAUM change · derived
- Longboard Asset Management reported succeeding to the business of Another Adviser (Form ADV Item 4)Dec 6, 2016 · Succession (Item 4) · 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
- Firm profile
- LINKEDIN.COM/COMPANY/LONGBOARD-ASSET-MANAGEMENTreportedpublic record, Form ADV, Sep 17, 2026
- Website
- longboardwealth.aireportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 800-290-8319reportedpublic record, Form ADV, Apr 24, 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- $51.9Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026