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

D• • C• A•••••••• L••

Independent wealth managerHolland, MichiganCRD 155645SEC 801-114290websiteIAPD
Latest filing Sep 17, 2026
First filing on the tape Oct 16, 2018 · 23 filings
SEC status approved since Nov 15, 2018
RAUM
$252M
reported, Item 5.F
Discretionary
86%
of RAUM
Private clients
84%
$211M individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$25.2M
derived; firm RAUM over IAPD count
Employees
11
9 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$252M as of Mar 3, 2026
Mar 29, 2019$126M then
HNW client RAUM$156M as of Mar 3, 2026
Mar 29, 2019$60.4M then
State-registered IARs (5.B.3)9 as of Mar 3, 2026
Mar 29, 20197 then
Employees (5.A)11 as of Mar 3, 2026
Mar 29, 20199 then
Private funds: no history
RAUM +9.1% over the last fiscal year+16% a year over threeIARs 7 to 9
Practice profile
derived from the filing of Sep 17, 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
RAUM per advisor
$25.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
32derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.8MderivedHNW RAUM over HNW clients
Average account
$737,314derivedRAUM over accounts (5.F.2.f)
Discretionary
86%derivedof RAUM
Institutional
15%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.1derivedItem 5.A over advisors
Advisors per office
5.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+9.1%derivedbetween the last two annual amendments
Advisor growth, one year
+29%derivedItem 5.B.3 between annual amendments
Client growth, one year
+21%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 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$156M62%
  • Individuals$55.0M22%
  • Pension and profit-sharing plans$36.2M14%
  • Corporations and businesses$3.5M1.4%
  • Charitable organizations$1.3M0.5%
Individual clients
267reported
HNW clients
56reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
342reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=0.84 fund_share=0.0 institutional_share=0.15 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
10 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M••• A•••• V•••••••Holland, MiApr 14, 201140 y2
G••••• M•••••• G••••••Holland, MiApr 14, 201135 y2
D••••• B••• O•••••••Certified Financial PlannerHolland, MiApr 14, 201130 y2
D•••••• A•••••• P••••••••Holland, MiApr 15, 201117 y2
K••••••• C••••••• E•••Holland, MiMar 13, 201726 y0
S•••••• P••• S••••Holland, Mi Oct 16, 201817 y5
S••••• J••• D•••••Holland, MiSep 9, 202110 y0
J••••••• D•••• C•••••Holland, MiMay 28, 202514 y0
J•••• H••••• R•••••••Holland, MiSep 4, 202511 y0
B•••••• J••••• W••••Holland, MiJun 26, 202615 y0
Advisor movement
0 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • O•••••••• D•••••• B••• · Chief Compliance Officercontrol
    since 10/2010 · owns less than 5%
  • P••••••••• D••••••• A•••••• · Membercontrol
    since 10/2010 · owns 10% to 25%
  • G••••••• G•••••• M•••••• · Membercontrol
    since 10/2010 · owns 50% to 75% of D••• I••••••••• S•••••••• L••
  • V•••••••• M•••• A•••• · Membercontrol
    since 10/2010 · owns 50% to 75% of D••• I••••••••• S•••••••• L••
Entity owners
  • D••• I••••••••• S•••••••• L•• · Member
    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
Holland, Mi · principal1010
Offices
Schedule D 1.F, the 25 largest
  • Grand Haven, MI1 employees
What changed
consecutive filings, newest first
  • Financial planning clients · 1-10 to 1-10
    Mar 3, 2026 to Sep 10, 2026
  • Succession · false to unset
    Mar 3, 2026 to Sep 10, 2026
  • Accounts · 292 to 342
    Feb 4, 2025 to Jan 29, 2026
  • Advisory employees · 7 to 9
    Feb 4, 2025 to Jan 29, 2026
  • Corporate clients · 5 to 6
    Feb 4, 2025 to Jan 29, 2026
  • HNW clients · 49 to 56
    Feb 4, 2025 to Jan 29, 2026
  • Individual clients · 219 to 267
    Feb 4, 2025 to Jan 29, 2026
  • Pension plan clients · 16.0 to unset
    Feb 4, 2025 to Jan 29, 2026
  • Assets in custody · $5.8M to $0
    Feb 4, 2025 to Jan 29, 2026
  • Custody of client assets · true to false
    Feb 4, 2025 to Jan 29, 2026
  • Employees · 8 to 11
    Feb 4, 2025 to Jan 29, 2026
  • State-registered IARs · 7 to 9
    Feb 4, 2025 to Jan 29, 2026
  • Discretionary RAUM · $174M to $216M
    Feb 4, 2025 to Jan 29, 2026
  • HNW RAUM · $127M to $156M
    Feb 4, 2025 to Jan 29, 2026
  • Individual RAUM · $41.9M to $55.0M
    Feb 4, 2025 to Jan 29, 2026
  • Non-discretionary RAUM · $57.1M to $36.2M
    Feb 4, 2025 to Jan 29, 2026
  • Pension RAUM · $57.1M to $36.2M
    Feb 4, 2025 to Jan 29, 2026
  • RAUM · $231M to $252M
    Feb 4, 2025 to Jan 29, 2026
  • Accounts · 874 to 292
    Aug 26, 2024 to Feb 4, 2025
  • Charity clients · 3.0 to unset
    Aug 26, 2024 to Feb 4, 2025
  • HNW clients · 48 to 49
    Aug 26, 2024 to Feb 4, 2025
  • Individual clients · 241 to 219
    Aug 26, 2024 to Feb 4, 2025
  • Pension plan clients · 17 to 16
    Aug 26, 2024 to Feb 4, 2025
  • Assets in custody · $5.9M to $5.8M
    Aug 26, 2024 to Feb 4, 2025
  • Financial planning clients · 1-10 to 1-10
    Aug 26, 2024 to Feb 4, 2025
  • Discretionary RAUM · $139M to $174M
    Aug 26, 2024 to Feb 4, 2025
  • HNW RAUM · $97.6M to $127M
    Aug 26, 2024 to Feb 4, 2025
  • Individual RAUM · $34.7M to $41.9M
    Aug 26, 2024 to Feb 4, 2025
  • Non-discretionary RAUM · $49.8M to $57.1M
    Aug 26, 2024 to Feb 4, 2025
  • Pension RAUM · $49.8M to $57.1M
    Aug 26, 2024 to Feb 4, 2025
  • RAUM · $189M to $231M
    Aug 26, 2024 to Feb 4, 2025
  • BD registered reps · 1 to 0
    Feb 14, 2024 to Aug 23, 2024
  • Assets in custody · unset to 5938760.0
    Feb 14, 2024 to Aug 23, 2024
  • Custody of client assets · false to true
    Feb 14, 2024 to Aug 23, 2024
  • Accounts · 733 to 874
    Feb 22, 2023 to Jan 23, 2024
  • Charity clients · 1 to 3
    Feb 22, 2023 to Jan 23, 2024
  • Corporate clients · unset to 5.0
    Feb 22, 2023 to Jan 23, 2024
  • HNW clients · 38 to 48
    Feb 22, 2023 to Jan 23, 2024
  • Individual clients · 234 to 241
    Feb 22, 2023 to Jan 23, 2024
  • Pension plan clients · 16 to 17
    Feb 22, 2023 to Jan 23, 2024
Signals
2 dated events
  • Walter James Michner (Member) no longer on Schedule A of D• • C• A•••••••• L•• (listed 2022-02-18, absent 2022-03-22)
    Mar 22, 2022 · Control person left · inference
  • D• • C• A•••••••• L•• filed its initial SEC registration (Form ADV)
    Oct 16, 2018 · 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 phone
616-355-3455reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
616-796-0044reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/dbc-advisorsreportedpublic record, Form ADV, Sep 18, 2026
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
616-355-3455reportedpublic record, Form ADV, Sep 17, 2026
Contact form
dbc-advisors.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
dbc-advisors.com/teamreportedpublished by the firm, firm site, Sep 15, 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
$25.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026