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

Avalan, LLC

Independent wealth managerSanta Barbara, CaliforniaCRD 156109SEC 801-107405websiteIAPD
Latest filing Mar 17, 2026
First filing on the tape Aug 5, 2013 · 26 filings
SEC status approved since Mar 16, 2016
RAUM
$622M
reported, Item 5.F
Discretionary
88%
of RAUM
Private clients
68%
$425M individuals and HNW
Advisors
11
registered through the firm on IAPD
RAUM per advisor
$56.5M
derived; firm RAUM over IAPD count
Employees
11
11 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
1
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$622M as of Mar 17, 2026
Apr 28, 2014$70.0M then
HNW client RAUM$352M as of Mar 17, 2026
Mar 20, 2018$132M then
State-registered IARs (5.B.3)11 as of Mar 17, 2026
Apr 28, 20142 then
Employees (5.A)11 as of Mar 17, 2026
Apr 28, 20143 then
Private funds1 as of Mar 17, 2026
May 1, 20241 then
RAUM +27% over the last fiscal year+21% a year over threeIARs 0 to 11
Practice profile
derived from the filing of Mar 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
  • 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
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
RAUM per advisor
$56.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
24derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.9MderivedHNW RAUM over HNW clients
Average account
$809,671derivedRAUM over accounts (5.F.2.f)
Discretionary
88%derivedof RAUM
Institutional
24%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
3.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+27%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
+3.9%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, 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
  • is an insurance broker or agent (6.A.6)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$352M61%
  • Pension and profit-sharing plans$90.2M16%
  • Individuals$72.8M13%
  • Charitable organizations$31.5M5.5%
  • Insurance companies$27.8M4.8%
Individual clients
144reported
HNW clients
121reported
Pension plan clients
35reported
Charitable clients
6reported
Accounts
768reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.68 fund_share=0.0 institutional_share=0.24 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
11 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Richard Allen SchuetteCertified Financial PlannerSanta Barbara, CaMar 17, 201129 y2
Kathryn E CourainSanta Barbara, CaJan 29, 201623 y1
Elizabeth Ann SaghiCertified Financial PlannerSanta Barbara, CaSep 25, 201729 y2
Jeffrey Charles HallSanta Barbara, CaMay 7, 201828 y0
Casey William SlemmonsCertified Financial PlannerSanta Barbara, CaJul 17, 201917 y1
Jeffrey Frank JagardSanta Barbara, CaAug 26, 202120 y2
Peter White MadlemChartered Financial AnalystSanta Barbara, CaJan 14, 202240 y0
Sean Peter MadlemSanta Barbara, CaJan 27, 202312 y0
Rick Jay WeberSanta Barbara, CaMay 15, 202320 y0
Jeffery Dale ThompsonCertified Financial PlannerSanta Barbara, CaJan 1, 202515 y3
Valeria ChepilevSanta Barbara, CaJan 1, 202610 y0
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 headcount1 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Avalan Opportunity Fund I, LLCPrivate Equity Fund$800,0008Nov 17, 2023
Owners and control persons
Schedule A and B, latest filing
  • E Kathryn Courain · Shareholdercontrol
    since 04/2016 · owns 10% to 25%
  • White Peter Madlem · Shareholdercontrol
    since 09/2022 · owns 10% to 25%
  • Allen Richard Schuette · Managing Member & Chief Compliance Officercontrol
    since 02/2011 · 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
Santa Barbara, Ca · principal1110
Offices
Schedule D 1.F, the 25 largest
  • Thousand Oaks, CA2 employees
  • Solvang, CA1 employees
What changed
consecutive filings, newest first
  • Accounts · 629 to 768
    Sep 23, 2025 to Mar 17, 2026
  • Advisory employees · 10 to 11
    Sep 23, 2025 to Mar 17, 2026
  • HNW clients · 106 to 121
    Sep 23, 2025 to Mar 17, 2026
  • Individual clients · 149 to 144
    Sep 23, 2025 to Mar 17, 2026
  • Pension plan clients · 26 to 35
    Sep 23, 2025 to Mar 17, 2026
  • Employees · 10 to 11
    Sep 23, 2025 to Mar 17, 2026
  • State-registered IARs · 0 to 11
    Sep 23, 2025 to Mar 17, 2026
  • Discretionary RAUM · $473M to $544M
    Sep 23, 2025 to Mar 17, 2026
  • HNW RAUM · $293M to $352M
    Sep 23, 2025 to Mar 17, 2026
  • Individual RAUM · $61.0M to $72.8M
    Sep 23, 2025 to Mar 17, 2026
  • Non-discretionary RAUM · $15.8M to $77.5M
    Sep 23, 2025 to Mar 17, 2026
  • Pension RAUM · $72.3M to $90.2M
    Sep 23, 2025 to Mar 17, 2026
  • RAUM · $489M to $622M
    Sep 23, 2025 to Mar 17, 2026
  • Accounts · 620 to 629
    Oct 8, 2024 to Mar 24, 2025
  • Charity clients · 7 to 6
    Oct 8, 2024 to Mar 24, 2025
  • HNW clients · 101 to 106
    Oct 8, 2024 to Mar 24, 2025
  • Individual clients · 135 to 149
    Oct 8, 2024 to Mar 24, 2025
  • Pension plan clients · 30 to 26
    Oct 8, 2024 to Mar 24, 2025
  • Financial planning clients · 1-10 to 1-10
    Oct 8, 2024 to Mar 24, 2025
  • Discretionary RAUM · $375M to $473M
    Oct 8, 2024 to Mar 24, 2025
  • HNW RAUM · $253M to $293M
    Oct 8, 2024 to Mar 24, 2025
  • Individual RAUM · $42.0M to $61.0M
    Oct 8, 2024 to Mar 24, 2025
  • Non-discretionary RAUM · $30.1M to $15.8M
    Oct 8, 2024 to Mar 24, 2025
  • Pension RAUM · $54.7M to $72.3M
    Oct 8, 2024 to Mar 24, 2025
  • RAUM · $405M to $489M
    Oct 8, 2024 to Mar 24, 2025
  • Accounts · 628 to 620
    Nov 17, 2023 to Mar 20, 2024
  • Advisory activities · 3 to 4
    Nov 17, 2023 to Mar 20, 2024
  • Charity clients · 8 to 7
    Nov 17, 2023 to Mar 20, 2024
  • HNW clients · 78 to 101
    Nov 17, 2023 to Mar 20, 2024
  • Individual clients · 205 to 135
    Nov 17, 2023 to Mar 20, 2024
  • Pension plan clients · 32 to 30
    Nov 17, 2023 to Mar 20, 2024
  • Financial planning clients · 11-25 to 1-10
    Nov 17, 2023 to Mar 20, 2024
  • State-registered IARs · 2 to 0
    Nov 17, 2023 to Mar 20, 2024
  • Discretionary RAUM · $324M to $375M
    Nov 17, 2023 to Mar 20, 2024
  • HNW RAUM · $197M to $253M
    Nov 17, 2023 to Mar 20, 2024
  • Individual RAUM · $67.3M to $42.0M
    Nov 17, 2023 to Mar 20, 2024
  • Non-discretionary RAUM · $24.9M to $30.1M
    Nov 17, 2023 to Mar 20, 2024
  • Pension RAUM · $39.3M to $54.7M
    Nov 17, 2023 to Mar 20, 2024
  • RAUM · $349M to $405M
    Nov 17, 2023 to Mar 20, 2024
  • Private funds · unset to 1
    Apr 3, 2023 to Nov 17, 2023
Signals
7 dated events
  • Avalan, Llc reported 11 state-registered advisory representatives, up from 0 (2025-09-23 to 2026-03-17)
    Mar 17, 2026 · Advisor headcount change · derived
  • Avalan, Llc reported RAUM $621.8M, up 27% from $488.9M (2025-09-23 to 2026-03-17)
    Mar 17, 2026 · RAUM change · derived
  • Melissa M Estrada left Avalan, Llc for Fidela Wealth (registered 2023-08-29)
    Oct 27, 2023 · Advisor changed firm · fact
  • White Peter Madlem (Shareholder) appeared on Schedule A of Avalan, Llc
    Apr 3, 2023 · Control person joined · fact
  • Austin Deimel Muller left Avalan, Llc for Creativeone Wealth, Llc (registered 2023-03-03)
    Mar 5, 2023 · Advisor changed firm · fact
  • Avalan, Llc reported RAUM $452.3M, up 64% from $275.9M (2021-03-15 to 2022-03-15)
    Mar 15, 2022 · RAUM change · derived
  • Avalan, Llc filed its initial SEC registration (Form ADV)
    Aug 5, 2013 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
  • Avalan, LLC · Independent Sponsors
    shared crd · capital_provider
  • Avalan, LLC · Private Equity
    shared crd · organization
How to reach
public business contact points only, each with its source
Business phone
415-816-8868reportedpublished by the firm, firm site, Sep 15, 2026
Website
winewomenworth.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
805-962-7725reportedpublic record, Form ADV, Mar 17, 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
$56.5Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026