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••••• W••••• A•••••••• I•••

Former SEC-registered adviserSolana Beach, CaliforniaCRD 157139SEC 801-72334IAPD
Latest filing Jul 11, 2022
First filing on the tape Nov 11, 2011 · 59 filings
RAUM
$2.4B
reported, Item 5.F
Discretionary
86%
of RAUM
Private clients
77%
$1.8B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
40
39 advisory (5.B.1)
Offices
13
beyond the principal office
Private funds
0
reported on Schedule D
History
59 filings and snapshots on the tape
RAUM$2.4B as of Mar 30, 2022
Mar 5, 2012$120M then
HNW client RAUM$1.2B as of Mar 30, 2022
Jan 23, 2018$571M then
State-registered IARs (5.B.3)39 as of Mar 30, 2022
Mar 5, 20120 then
Employees (5.A)40 as of Mar 30, 2022
Feb 13, 201310 then
Private funds: no history
RAUM +38% over the last fiscal year+27% a year over threeIARs 41 to 39offices 16 to 13
Practice profile
derived from the filing of Jul 11, 2022; every figure names its basis
RAUM per advisor
$61.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
49derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$7.1MderivedHNW RAUM over HNW clients
Average account
$458,492derivedRAUM over accounts (5.F.2.f)
Discretionary
86%derivedof RAUM
Institutional
17%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.8derived14 offices incl. principal (1.F.5)
RAUM growth, one year
+38%derivedbetween the last two annual amendments
Advisor growth, one year
-4.9%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.3%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, educational seminarsreportedItem 5.G
Wrap fee program
$424MreportedItem 5.I
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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.2B48%
  • Individuals$687M29%
  • Pension and profit-sharing plans$404M17%
  • Corporations and businesses$133M5.6%
  • Charitable organizations$4.1M0.2%
Individual clients
1,763reported
HNW clients
162reported
Pension plan clients
56reported
Charitable clients
11reported
Accounts
5,198reported
Financial planning clients
1-10reported
Wrap fee programs
$424M sponsored, $412M managedreported
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
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • L•••••• B••••• M•••••• · Chief Compliance Officer & Director Of Operationscontrol
    since 02/2021 · owns less than 5%
  • T••••••• L••• A••••• · Principal & Presidentcontrol
    since 05/2011 · owns 50% to 75%
  • W••••• M•••• D••••• · Principal & Managing Directorcontrol
    since 05/2011 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
  • Fresno, CA9 employees
  • Newport Beach, CA3 employees
  • Carslbad, CA2 employees
  • San Diego, CA1 employees
  • San Diego, CA1 employees
  • Bermuda Dunes, CA1 employees
  • , 1 employees
  • Huntington Beach, CA1 employees
  • Rancho Santa Fe, CA1 employees
What changed
consecutive filings, newest first
  • Accounts · 4,722 to 5,198
    Mar 8, 2022 to Mar 30, 2022
  • Charity clients · 5 to 11
    Mar 8, 2022 to Mar 30, 2022
  • Corporate clients · 14 to 35
    Mar 8, 2022 to Mar 30, 2022
  • HNW clients · 189 to 162
    Mar 8, 2022 to Mar 30, 2022
  • Individual clients · 1,588 to 1,763
    Mar 8, 2022 to Mar 30, 2022
  • Pension plan clients · 28 to 56
    Mar 8, 2022 to Mar 30, 2022
  • Other offices · 12 to 13
    Mar 8, 2022 to Mar 30, 2022
  • Discretionary RAUM · $1.4B to $2.1B
    Mar 8, 2022 to Mar 30, 2022
  • HNW RAUM · $767M to $1.2B
    Mar 8, 2022 to Mar 30, 2022
  • Individual RAUM · $771M to $687M
    Mar 8, 2022 to Mar 30, 2022
  • Non-discretionary RAUM · $319M to $330M
    Mar 8, 2022 to Mar 30, 2022
  • Pension RAUM · $37.2M to $404M
    Mar 8, 2022 to Mar 30, 2022
  • RAUM · $1.7B to $2.4B
    Mar 8, 2022 to Mar 30, 2022
  • Wrap assets (manager) · $0 to $412M
    Mar 8, 2022 to Mar 30, 2022
  • Wrap assets (sponsor) · $0 to $424M
    Mar 8, 2022 to Mar 30, 2022
  • Advisory employees · 41 to 39
    May 3, 2021 to Mar 8, 2022
  • BD registered reps · 4 to 3
    May 3, 2021 to Mar 8, 2022
  • Employees · 41 to 40
    May 3, 2021 to Mar 8, 2022
  • Insurance-licensed employees · 0 to 1
    May 3, 2021 to Mar 8, 2022
  • State-registered IARs · 41 to 39
    May 3, 2021 to Mar 8, 2022
  • Other offices · 16 to 12
    May 3, 2021 to Mar 8, 2022
  • Accounts · 4,779 to 4,722
    Feb 18, 2021 to Mar 30, 2021
  • Charity clients · 4 to 5
    Feb 18, 2021 to Mar 30, 2021
  • Corporate clients · 7 to 14
    Feb 18, 2021 to Mar 30, 2021
  • HNW clients · 192 to 189
    Feb 18, 2021 to Mar 30, 2021
  • Individual clients · 1,589 to 1,588
    Feb 18, 2021 to Mar 30, 2021
  • Pension plan clients · 27 to 28
    Feb 18, 2021 to Mar 30, 2021
  • Discretionary RAUM · $1.3B to $1.4B
    Feb 18, 2021 to Mar 30, 2021
  • HNW RAUM · $589M to $767M
    Feb 18, 2021 to Mar 30, 2021
  • Individual RAUM · $916M to $771M
    Feb 18, 2021 to Mar 30, 2021
  • Non-discretionary RAUM · $238M to $319M
    Feb 18, 2021 to Mar 30, 2021
  • Pension RAUM · $33.1M to $37.2M
    Feb 18, 2021 to Mar 30, 2021
  • RAUM · $1.6B to $1.7B
    Feb 18, 2021 to Mar 30, 2021
  • Advisory employees · 42 to 41
    Jan 6, 2021 to Feb 12, 2021
  • Employees · 42 to 41
    Jan 6, 2021 to Feb 12, 2021
  • State-registered IARs · 42 to 41
    Jan 6, 2021 to Feb 12, 2021
  • Other offices · 11 to 16
    Jan 6, 2021 to Feb 12, 2021
  • HQ city · LA JOLLA to SOLANA BEACH
    Aug 3, 2020 to Nov 28, 2020
  • Other offices · 13 to 11
    Mar 31, 2020 to Apr 30, 2020
  • Accounts · 3,890 to 4,779
    Oct 1, 2019 to Mar 31, 2020
Signals
13 dated events
  • B•••••• S•• R••••••• left L••••• W••••• A•••••••• I••• for I••••••••• W••••• C••••••• L•• (registered 2023-02-01)
    Feb 21, 2023 · Advisor changed firm · fact
  • J••• P•••••• B•••• left L••••• W••••• A•••••••• I••• for I••••••••• W••••• C••••••• L•• (registered 2023-02-03)
    Feb 21, 2023 · Advisor changed firm · fact
  • 2 advisors left L••••• W••••• A•••••••• I••• (Solana Beach, CA) for I••••••••• W••••• C••••••• L•• on the same day
    Feb 21, 2023 · Team lift-out · derived
  • N••• B•••••• left L••••• W••••• A•••••••• I••• for C•••••• W••••• A••••••• (registered 2023-01-17)
    Nov 2, 2022 · Advisor changed firm · fact
  • L••••• W••••• A•••••••• I••• reported RAUM $2.4B, up 38% from $1.7B (2022-03-08 to 2022-03-30)
    Mar 30, 2022 · RAUM change · derived
  • S••••• •••••• R•• left L••••• W••••• A•••••••• I••• for Dynamic (registered 2025-01-01)
    Feb 24, 2022 · Advisor changed firm · fact
  • C•••••• D•••••••• F••• left L••••• W••••• A•••••••• I••• for M•• A••••••• L•• (registered 2022-01-21)
    Jan 21, 2022 · Advisor changed firm · fact
  • L••••• W••••• A•••••••• I••• reported 16 offices beyond its principal office, up from 11 (2021-01-06 to 2021-02-12)
    Feb 12, 2021 · Office count change · derived
  • L••••• W••••• A•••••••• I••• reported RAUM $1.6B, up 25% from $1.2B (2019-10-01 to 2020-03-31)
    Mar 31, 2020 · RAUM change · derived
  • Matthew Brian Lavoie (Director Of Operations, Sales-Force & Client Services Supervisor) appeared on Schedule A of L••••• W••••• A•••••••• I•••
    Apr 30, 2019 · Control person joined · fact
  • Elizabeth Cave (Compliance Management Officer) no longer on Schedule A of L••••• W••••• A•••••••• I••• (listed 2019-02-21, absent 2019-04-30)
    Apr 30, 2019 · Control person left · inference
  • L••••• W••••• A•••••••• I••• reported RAUM $1.1B, up 27% from $864.9M (2017-03-31 to 2018-01-19)
    Jan 19, 2018 · RAUM change · derived
  • L••••• W••••• A•••••••• I••• reported 40 state-registered advisory representatives, up from 0 (2017-03-31 to 2018-01-19)
    Jan 19, 2018 · Advisor headcount change · derived
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