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
B•• F•••••••• A•••••••• L••
Latest filing Sep 4, 2026
First filing on the tape Mar 27, 2023 · 7 filings
SEC status approved since Apr 26, 2023
RAUM
$96.9M
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
94%
$91.2M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$48.5M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$96.9M as of Mar 27, 2026
Mar 5, 2024$96.5M then
HNW client RAUM$71.0M as of Mar 27, 2026
Mar 5, 2024$56.7M then
State-registered IARs (5.B.3)3 as of Mar 27, 2026
Mar 5, 20243 then
Employees (5.A)4 as of Mar 27, 2026
Mar 5, 20243 then
Private funds1 as of Mar 27, 2026
Apr 7, 20251 then
RAUM +1.4% over the last fiscal yearIARs 3 to 3
Practice profile
derived from the filing of Sep 4, 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 small t••• · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $48.5MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 116derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $657,210derivedHNW RAUM over HNW clients
- Average account
- $103,983derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 96%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +1.4%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +7.4%derived
- Compensation
- percentage of assets, fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, educational seminarsreportedItem 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$71.0M73%
- Individuals$20.2M21%
- Corporations and businesses$5.8M5.9%
- Individual clients
- 124reported
- HNW clients
- 108reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 932reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.94 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| D••••• P••••• P••••• | Grapevine, Tx | Mar 7, 2026 | 19 y | 0 |
| Q••••••• W•• H••••••Certified Financial Planner | Grapevine, Tx | Apr 16, 2026 | 10 y | 4 |
Advisor movement
2 left, 1 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 100% of current headcount2 left over 36 months
Left, latest
- J••• B••• R•••••• to T••• F•••••••• S•••••••••Feb 9, 2026 · RIA to RIA
- T••••• E••••• S•••• to M••••• G••••• A••••••• I•••Jan 22, 2026 · RIA to RIA
- L•••• B•••••• to B•••••• F••••• F••••••••• L••Aug 2, 2023 · RIA to a state-registered adviser
- A••• D••• T••••••• to M••••••Dec 19, 2022 · RIA to affiliated broker-dealer or bank
- M••••• R••• D•• to B•••••• F••••• F••••••••• L••Jul 10, 2020 · RIA to a state-registered adviser
Joined, latest
- Q••••••• W•• H•••••• from B•••• T•••• W••••• M••••••••• L••Apr 16, 2026 · Other
- J••• B••• R•••••• from V••••••• C•••••• L••Oct 6, 2023 · RIA to RIA
- T••••• E••••• S•••• from M••••• S••••••Aug 10, 2022 · Wirehouse to independent RIA
- M••••• R••• D•• from A•••••• A••••••• S•••••••Jan 18, 2011 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- S••••• C••••••• C••• · President & Chief Compliance Officercontrolsince 10/2014 · owns 10% to 25%
- D•••••• P•••••• P••••• · Ceocontrolsince 02/2007 · owns 75% or more of B•• I•••••••• A•••••• I•••
Entity owners
- B•• I•••••••• A•••••• I••• · Silent Ownerdirect · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Grapevine, Tx · principal | 2 | 2 | 2 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- account count surgeChange between filings · filing Mar 27, 2026accounts (Item 5.F.2.f) moved from 584.0 to 932.0 (+60.0%) between the annual amendments of 2025-04-07 and 2026-03-27; the peer median change was +2.0% (136 comparable advisers, 90.0th percentile of changes)peers: independent wealth managers, under $100M (136) · 90% percentile
What changed
consecutive filings, newest first
- Financial planning clients · 101-250 to 101-250Mar 27, 2026 to Sep 4, 2026
- Private funds · 1 to unsetMar 27, 2026 to Sep 4, 2026
- Succession · false to unsetMar 27, 2026 to Sep 4, 2026
- Accounts · 584 to 932Apr 7, 2025 to Feb 5, 2026
- Corporate clients · unset to 3.0Apr 7, 2025 to Feb 5, 2026
- HNW clients · 88 to 108Apr 7, 2025 to Feb 5, 2026
- Individual clients · 128 to 124Apr 7, 2025 to Feb 5, 2026
- Employees · 3 to 4Apr 7, 2025 to Feb 5, 2026
- Discretionary RAUM · $92.6M to $93.4MApr 7, 2025 to Feb 5, 2026
- HNW RAUM · $57.3M to $71.0MApr 7, 2025 to Feb 5, 2026
- Individual RAUM · $33.5M to $20.2MApr 7, 2025 to Feb 5, 2026
- Non-discretionary RAUM · $3.0M to $3.5MApr 7, 2025 to Feb 5, 2026
- RAUM · $95.5M to $96.9MApr 7, 2025 to Feb 5, 2026
- Accounts · 595 to 584Jul 30, 2024 to Apr 7, 2025
- Advisory activities · 4 to 5Jul 30, 2024 to Apr 7, 2025
- HNW clients · 84 to 88Jul 30, 2024 to Apr 7, 2025
- Individual clients · 131 to 128Jul 30, 2024 to Apr 7, 2025
- Financial planning clients · 101-250 to 101-250Jul 30, 2024 to Apr 7, 2025
- Private funds · unset to 1Jul 30, 2024 to Apr 7, 2025
- Discretionary RAUM · $95.3M to $92.6MJul 30, 2024 to Apr 7, 2025
- HNW RAUM · $56.7M to $57.3MJul 30, 2024 to Apr 7, 2025
- Individual RAUM · $29.3M to $33.5MJul 30, 2024 to Apr 7, 2025
- Non-discretionary RAUM · $1.2M to $3.0MJul 30, 2024 to Apr 7, 2025
- RAUM · $96.5M to $95.5MJul 30, 2024 to Apr 7, 2025
- Accounts · 654 to 595Mar 27, 2023 to Mar 5, 2024
- Corporate clients · 3.0 to unsetMar 27, 2023 to Mar 5, 2024
- HNW clients · 92 to 84Mar 27, 2023 to Mar 5, 2024
- Individual clients · 136 to 131Mar 27, 2023 to Mar 5, 2024
- Pension plan clients · 6 to 0Mar 27, 2023 to Mar 5, 2024
- Discretionary RAUM · $110M to $95.3MMar 27, 2023 to Mar 5, 2024
- HNW RAUM · $54.1M to $56.7MMar 27, 2023 to Mar 5, 2024
- Individual RAUM · $44.3M to $29.3MMar 27, 2023 to Mar 5, 2024
- Non-discretionary RAUM · $1.3M to $1.2MMar 27, 2023 to Mar 5, 2024
- Pension RAUM · $7.2M to $0Mar 27, 2023 to Mar 5, 2024
- RAUM · $111M to $96.5MMar 27, 2023 to Mar 5, 2024
Signals
5 dated events
- J••• B••• R•••••• left B•• F•••••••• A•••••••• L•• for T••• F•••••••• S••••••••• (registered 2025-06-07)Feb 9, 2026 · Advisor changed firm · fact
- T••••• E••••• S•••• left B•• F•••••••• A•••••••• L•• for M••••• G••••• A••••••• I••• (registered 2026-02-09)Jan 22, 2026 · Advisor changed firm · fact
- L•••• B•••••• left B•• F•••••••• A•••••••• L•• for B•••••• F••••• F••••••••• L•• (registered 2023-08-11)Aug 2, 2023 · Advisor changed firm · fact
- B•• F•••••••• A•••••••• L•• filed its initial SEC registration (Form ADV)Mar 27, 2023 · First SEC registration · fact
- A••• D••• T••••••• left B•• F•••••••• A•••••••• L•• for Mariner (registered 2022-08-17)Dec 19, 2022 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
- B•• F•••••••• A•••••••• L•• · Private Equityshared crd · intermediary
- B•• F•••••••• A•••••••• L•• · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Business email
- info@boxfinancial.comreportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 817-865-1811reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- BOXFINANCIAL.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- (817) 865-1811reportedpublic record, Form ADV, Sep 4, 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
- $48.5Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026