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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Former SEC-registered adviser

L••••• P••••••• • A••••••••• I•••

Former SEC-registered adviserGrand Rapids, MichiganCRD 156537SEC 801-123248IAPD
Latest filing Oct 30, 2023
First filing on the tape Jan 18, 2022 · 13 filings
RAUM
$112M
reported, Item 5.F
Discretionary
85%
of RAUM
Private clients
85%
$95.5M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$112M as of Mar 22, 2023
Mar 14, 2022$106M then
HNW client RAUM$66.5M as of Mar 22, 2023
Mar 14, 2022$59.8M then
State-registered IARs (5.B.3)3 as of Mar 22, 2023
Mar 14, 20224 then
Employees (5.A)3 as of Mar 22, 2023
Mar 14, 20224 then
Private funds: no history
RAUM +6.1% over the last fiscal yearIARs 4 to 1
Practice profile
derived from the filing of Oct 30, 2023; every figure names its basis
RAUM per advisor
$112MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
130derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.8MderivedHNW RAUM over HNW clients
Average account
$850,837derivedRAUM over accounts (5.F.2.f)
Discretionary
85%derivedof RAUM
Institutional
15%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
0.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+6.1%derivedbetween the last two annual amendments
Advisor growth, one year
-25%derivedItem 5.B.3 between annual amendments
Client growth, one year
+5.7%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Wrap fee program
$87.3MreportedItem 5.I
Custody
$81.4M, 108 clientsreportedItem 9.A
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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$66.5M59%
  • Individuals$29.0M26%
  • Pension and profit-sharing plans$16.8M15%
Individual clients
106reported
HNW clients
24reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
132reported
Financial planning clients
51-100reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$81.4M for 108 clientsreported
Compensation
% of AUM, fixedreported
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
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • W•••• M••••••• L•• · President, Trustee, Ccocontrol
    since 09/2022 · owns less than 5%
  • W•••• C••••• S•• · Trustee
    since 09/2022 · owns less than 5%
Entity owners
  • M•••••• W••• A•• C•••• W••• C••••••••• T•••• · Shareholder
    direct · owns 75% or more
Related persons
Schedule D 7.A
  • M•••••• L• W•••
    real estaten
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Advisory employees · 3 to 1
    May 9, 2023 to May 22, 2023
  • Employees · 3 to 1
    May 9, 2023 to May 22, 2023
  • Insurance-licensed employees · 2 to 1
    May 9, 2023 to May 22, 2023
  • State-registered IARs · 3 to 1
    May 9, 2023 to May 22, 2023
  • Accounts · 348 to 132
    Nov 7, 2022 to Mar 22, 2023
  • Individual clients · 99 to 106
    Nov 7, 2022 to Mar 22, 2023
  • Assets in custody · $21.3M to $81.4M
    Nov 7, 2022 to Mar 22, 2023
  • Insurance-licensed employees · 0 to 2
    Nov 7, 2022 to Mar 22, 2023
  • Discretionary RAUM · $85.3M to $95.5M
    Nov 7, 2022 to Mar 22, 2023
  • HNW RAUM · $59.8M to $66.5M
    Nov 7, 2022 to Mar 22, 2023
  • Individual RAUM · $26.8M to $29.0M
    Nov 7, 2022 to Mar 22, 2023
  • Non-discretionary RAUM · $20.6M to $16.8M
    Nov 7, 2022 to Mar 22, 2023
  • Pension RAUM · $19.3M to $16.8M
    Nov 7, 2022 to Mar 22, 2023
  • RAUM · $106M to $112M
    Nov 7, 2022 to Mar 22, 2023
  • Related adviser · false to true
    Nov 7, 2022 to Mar 22, 2023
  • Advisory employees · 4 to 3
    Sep 6, 2022 to Nov 7, 2022
  • Employees · 4 to 3
    Sep 6, 2022 to Nov 7, 2022
  • State-registered IARs · 4 to 3
    Sep 6, 2022 to Nov 7, 2022
  • Accounts · 370 to 348
    Feb 22, 2022 to Mar 14, 2022
  • HNW clients · unset to 24.0
    Feb 22, 2022 to Mar 14, 2022
  • Individual clients · 125 to 99
    Feb 22, 2022 to Mar 14, 2022
  • Assets in custody · $65.0M to $21.3M
    Feb 22, 2022 to Mar 14, 2022
  • Discretionary RAUM · $102M to $85.3M
    Feb 22, 2022 to Mar 14, 2022
  • HNW RAUM · unset to 59816185.0
    Feb 22, 2022 to Mar 14, 2022
  • Individual RAUM · $102M to $26.8M
    Feb 22, 2022 to Mar 14, 2022
  • Non-discretionary RAUM · $21.0M to $20.6M
    Feb 22, 2022 to Mar 14, 2022
  • Pension RAUM · $21.0M to $19.3M
    Feb 22, 2022 to Mar 14, 2022
  • RAUM · $123M to $106M
    Feb 22, 2022 to Mar 14, 2022
Signals
3 dated events
  • E•••••••• A••• B•••••• no longer registered at L••••• P••••••• • A••••••••• I•••; no later IA registration on IAPD
    May 22, 2023 · Advisor departure · fact
  • M•••••• R••••••• C••• no longer registered at L••••• P••••••• • A••••••••• I•••; no later IA registration on IAPD
    May 22, 2023 · Advisor departure · fact
  • L••••• P••••••• • A••••••••• I••• filed its initial SEC registration (Form ADV)
    Jan 18, 2022 · 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