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.

Former SEC-registered adviser

Piedmont Wealth Management

Former SEC-registered adviserCulpeper, VirginiaCRD 155899SEC 801-129622websiteIAPD
Legal name Mullins Investment Services, LLC
Latest filing Oct 2, 2025
First filing on the tape Feb 2, 2024 · 6 filings
SEC status approved since Feb 29, 2024
RAUM
$128M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
99%
$127M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$128M as of Oct 2, 2025
Jan 30, 2025$128M then
HNW client RAUM$77.4M as of Oct 2, 2025
Jan 30, 2025$77.4M then
State-registered IARs (5.B.3)2 as of Oct 2, 2025
Jan 30, 20252 then
Employees (5.A)2 as of Oct 2, 2025
Jan 30, 20252 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Oct 2, 2025; every figure names its basis
RAUM per advisor
$64.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
120derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.9MderivedHNW RAUM over HNW clients
Average account
$256,870derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
1.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$77.4M60%
  • Individuals$49.4M38%
  • Charitable organizations$1.3M1.0%
  • Corporations and businesses$415,6080.3%
Individual clients
198reported
HNW clients
41reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
500reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
none on the tape
    Every departureEvery arrival
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Quintin James Mullins · Owner, Chief Compliance Officercontrol
      since 11/2010 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    • Fredericksburg, VA1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 479 to 500
      Dec 11, 2024 to Jan 30, 2025
    • HNW clients · 36 to 41
      Dec 11, 2024 to Jan 30, 2025
    • Individual clients · 203 to 198
      Dec 11, 2024 to Jan 30, 2025
    • Financial planning clients · 26-50 to 26-50
      Dec 11, 2024 to Jan 30, 2025
    • Discretionary RAUM · $100M to $126M
      Dec 11, 2024 to Jan 30, 2025
    • HNW RAUM · $60.6M to $77.4M
      Dec 11, 2024 to Jan 30, 2025
    • Individual RAUM · $40.1M to $49.4M
      Dec 11, 2024 to Jan 30, 2025
    • Non-discretionary RAUM · $2.3M to $2.7M
      Dec 11, 2024 to Jan 30, 2025
    • RAUM · $102M to $128M
      Dec 11, 2024 to Jan 30, 2025
    • Related insurance company · false to true
      Dec 11, 2024 to Jan 30, 2025
    Signals
    3 dated events
    • Piedmont Wealth Management no longer on the SEC adviser roster (last listed 2026-02-02, RAUM $128.4M)
      Mar 2, 2026 · Left the SEC roster · derived
    • Piedmont Wealth Management reported succeeding to the business of Piedmont Wealth Management (Form ADV Item 4)
      Jan 24, 2026 · Succession (Item 4) · fact
    • Piedmont Wealth Management filed its initial SEC registration (Form ADV)
      Feb 2, 2024 · 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026