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

Tandem Wealth Advisors

Independent wealth managerPhoenix, ArizonaCRD 157794SEC 801-115170websiteIAPD
Legal name Tandem Wealth Advisors LLC
Latest filing Apr 1, 2026
First filing on the tape Mar 29, 2019 · 30 filings
SEC status approved since Apr 26, 2019
RAUM
$262M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
88%
$230M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$37.4M
derived; firm RAUM over IAPD count
Employees
7
7 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$262M as of Apr 1, 2026
Mar 30, 2020$143M then
HNW client RAUM$191M as of Apr 1, 2026
Mar 30, 2020$74.3M then
State-registered IARs (5.B.3)5 as of Apr 1, 2026
Mar 30, 20204 then
Employees (5.A)7 as of Apr 1, 2026
Mar 30, 20204 then
Private funds: no history
RAUM +17% over the last fiscal year+13% a year over threeIARs 5 to 5offices 2 to 3
Practice profile
derived from the filing of Apr 1, 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
$37.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
36derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$355,352derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
5.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.8derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+17%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.7%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$62.3M, 122 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$191M73%
  • Individuals$39.0M15%
  • Pooled investment vehicles$16.0M6.1%
  • Pension and profit-sharing plans$15.4M5.9%
Individual clients
155reported
HNW clients
96reported
Pension plan clients
54reported
Charitable clients
0reported
Accounts
736reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $82,335 managedreported
Custody of client assets
$62.3M for 122 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.88 fund_share=0.06 institutional_share=0.06 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Chester Angus SchaalCertified Financial PlannerPhoenix, AzJun 28, 201123 y1
Colin Hans DenkerPhoenix, Az Aug 17, 201512 y0
Amy Elizabeth BushChartered Financial AnalystPhoenix, Az May 16, 201911 y0
Robert Louis CohenPhoenix, AzJan 31, 202212 y1
Jane Michael MurphyPhoenix, Az Aug 30, 202237 y0
Meghan Gillian MulliganPhoenix, AzNov 6, 202419 y0
Kamrey Rynea BoyerBelgrade, Mt Jan 30, 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 headcount3 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Angus Chester Schaal · Managing Director / Ccocontrol
    since 09/2014 · owns less than 5%
  • Angus Chester Schaal · Trusteecontrol
    since 09/2014 · owns 75% or more of The Schaal Trust
Entity owners
  • The Schaal Trust · Trust
    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
Phoenix, Az · principal710
Denver, Co100
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • HNW share shiftChange between filings · filing Apr 1, 2026
    HNW share of RAUM moved from 57.0% to 73.0% between the annual amendments of 2025-03-28 and 2026-04-01
    peers: independent wealth managers, $100M to $500M (5,676)
How anomalies are measured
What changed
consecutive filings, newest first
  • Accounts · 673 to 736
    Jan 21, 2026 to Apr 1, 2026
  • HNW clients · 55 to 96
    Jan 21, 2026 to Apr 1, 2026
  • Individual clients · 176 to 155
    Jan 21, 2026 to Apr 1, 2026
  • Pension plan clients · 57 to 54
    Jan 21, 2026 to Apr 1, 2026
  • Pooled vehicle clients · 4 to 5
    Jan 21, 2026 to Apr 1, 2026
  • Discretionary RAUM · $217M to $256M
    Jan 21, 2026 to Apr 1, 2026
  • HNW RAUM · $128M to $191M
    Jan 21, 2026 to Apr 1, 2026
  • Individual RAUM · $64.0M to $39.0M
    Jan 21, 2026 to Apr 1, 2026
  • Non-discretionary RAUM · $6.8M to $5.7M
    Jan 21, 2026 to Apr 1, 2026
  • Pension RAUM · $16.0M to $15.4M
    Jan 21, 2026 to Apr 1, 2026
  • Pooled vehicle RAUM · $15.6M to $16.0M
    Jan 21, 2026 to Apr 1, 2026
  • RAUM · $223M to $262M
    Jan 21, 2026 to Apr 1, 2026
  • Financial planning clients · 0 to 0
    Mar 28, 2025 to May 13, 2025
  • Other offices · 2 to 3
    Mar 28, 2025 to May 13, 2025
  • Accounts · 657 to 673
    Mar 29, 2024 to Mar 28, 2025
  • Advisory employees · 5 to 7
    Mar 29, 2024 to Mar 28, 2025
  • HNW clients · 54 to 55
    Mar 29, 2024 to Mar 28, 2025
  • Individual clients · 168 to 176
    Mar 29, 2024 to Mar 28, 2025
  • Pension plan clients · 58 to 57
    Mar 29, 2024 to Mar 28, 2025
  • Assets in custody · $54.4M to $62.3M
    Mar 29, 2024 to Mar 28, 2025
  • Employees · 5 to 7
    Mar 29, 2024 to Mar 28, 2025
  • Discretionary RAUM · $193M to $217M
    Mar 29, 2024 to Mar 28, 2025
  • HNW RAUM · $110M to $128M
    Mar 29, 2024 to Mar 28, 2025
  • Individual RAUM · $56.5M to $64.0M
    Mar 29, 2024 to Mar 28, 2025
  • Non-discretionary RAUM · $4.1M to $6.8M
    Mar 29, 2024 to Mar 28, 2025
  • Pension RAUM · $15.7M to $16.0M
    Mar 29, 2024 to Mar 28, 2025
  • Pooled vehicle RAUM · $14.5M to $15.6M
    Mar 29, 2024 to Mar 28, 2025
  • RAUM · $197M to $223M
    Mar 29, 2024 to Mar 28, 2025
  • Wrap assets (manager) · $76,390 to $82,335
    Mar 29, 2024 to Mar 28, 2025
  • Accounts · 703 to 657
    Nov 14, 2023 to Mar 29, 2024
  • Advisory employees · 6 to 5
    Nov 14, 2023 to Mar 29, 2024
  • Advisory activities · 2 to 3
    Nov 14, 2023 to Mar 29, 2024
  • HNW clients · 66 to 54
    Nov 14, 2023 to Mar 29, 2024
  • Individual clients · 163 to 168
    Nov 14, 2023 to Mar 29, 2024
  • Pension plan clients · 68 to 58
    Nov 14, 2023 to Mar 29, 2024
  • Assets in custody · $54.1M to $54.4M
    Nov 14, 2023 to Mar 29, 2024
  • Employees · 7 to 5
    Nov 14, 2023 to Mar 29, 2024
  • State-registered IARs · 6 to 5
    Nov 14, 2023 to Mar 29, 2024
  • Other offices · 3 to 2
    Nov 14, 2023 to Mar 29, 2024
  • Discretionary RAUM · $177M to $193M
    Nov 14, 2023 to Mar 29, 2024
Signals
7 dated events
  • Christopher Broyles left Tandem Wealth Advisors for Osaic Advisory Services, Llc (registered 2026-01-26)
    May 22, 2025 · Advisor changed firm · fact
  • James Ryan Moore left Tandem Wealth Advisors for Ascensus Investment Advisors, Llc (registered 2024-03-21)
    Feb 5, 2024 · Advisor changed firm · fact
  • Melissa Rivas left Tandem Wealth Advisors for U.S. Bancorp Advisors, Llc (registered 2023-12-07)
    Nov 13, 2023 · Advisor changed firm · fact
  • Thomas Gerboth left Tandem Wealth Advisors for Harbour Investments, Inc. (registered 2023-07-27)
    Jul 24, 2023 · Advisor changed firm · fact
  • Stanley William Smrke left Tandem Wealth Advisors for Transamerica Financial Advisors, Llc (registered 2023-05-19)
    Jul 7, 2022 · Advisor changed firm · fact
  • Clayton Jeffrey Caupp left Tandem Wealth Advisors for Tfo Family Office Partners (registered 2022-02-23)
    Feb 1, 2022 · Advisor changed firm · fact
  • Tandem Wealth Advisors filed its initial SEC registration (Form ADV)
    Mar 29, 2019 · 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
Firm profile
LINKEDIN.COM/COMPANY/TANDEM-WEALTH-ADVISORSreportedpublic record, Form ADV, Sep 17, 2026
Website
tandeminstitutional.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
602-297-8600reportedpublic record, Form ADV, Apr 1, 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
$37.4Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026