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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SEC-registered adviser

C•••••• W••••• A•••••••

Independent wealth managerSan Jose, CaliforniaCRD 157913SEC 801-79251websiteIAPD
Legal name C•••••• W••••• A•••••••• L••
Latest filing Sep 15, 2026
First filing on the tape Dec 19, 2011 · 30 filings
SEC status approved since Feb 24, 2014
RAUM
$733M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$713M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$366M
derived; firm RAUM over IAPD count
Employees
5
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$733M as of Mar 25, 2026
Mar 28, 2012$35.4M then
HNW client RAUM$678M as of Mar 25, 2026
Mar 10, 2018$200M then
State-registered IARs (5.B.3)2 as of Mar 25, 2026
Mar 28, 20120 then
Employees (5.A)5 as of Mar 25, 2026
Feb 10, 20155 then
Private funds: no history
RAUM +22% over the last fiscal year+22% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Sep 15, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$366MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
168derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.0MderivedHNW RAUM over HNW clients
Average account
$541,722derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-1.2%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Custody
$28.9M, 19 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
  • 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)
  • 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$678M92%
  • Individuals$35.0M4.8%
  • Pension and profit-sharing plans$19.7M2.7%
  • Charitable organizations$654,5330.1%
Individual clients
113reported
HNW clients
223reported
Pension plan clients
4reported
Charitable clients
2reported
Accounts
1,353reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$28.9M for 19 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.03 related_bd= related_bank= bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
P••••• N•• M•••••••••Certified Financial PlannerSan Jose, CaMay 17, 201229 y4
M••••• P•••• D••••San Jose, CaApr 15, 202032 y1
Advisor movement
0 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • M••••••••• P•••••• N•• · Managing Member / Chief Compliance Officercontrol
    since 05/2011 · owns 75% or more
  • D••••• M•••••• P•••• · Managing Director
    since 10/2013 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
San Jose, Ca · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Financial planning clients · 26-50 to 26-50
    Mar 25, 2026 to Sep 15, 2026
  • Related adviser · false to unset
    Mar 25, 2026 to Sep 15, 2026
  • Related bank · false to unset
    Mar 25, 2026 to Sep 15, 2026
  • Related broker-dealer · false to unset
    Mar 25, 2026 to Sep 15, 2026
  • Related insurance company · false to unset
    Mar 25, 2026 to Sep 15, 2026
  • Succession · false to unset
    Mar 25, 2026 to Sep 15, 2026
  • Accounts · 1,289 to 1,353
    Mar 25, 2025 to Mar 25, 2026
  • Charity clients · 1 to 2
    Mar 25, 2025 to Mar 25, 2026
  • HNW clients · 213 to 223
    Mar 25, 2025 to Mar 25, 2026
  • Individual clients · 127 to 113
    Mar 25, 2025 to Mar 25, 2026
  • Assets in custody · $18.5M to $28.9M
    Mar 25, 2025 to Mar 25, 2026
  • Employees · 4 to 5
    Mar 25, 2025 to Mar 25, 2026
  • Discretionary RAUM · $601M to $733M
    Mar 25, 2025 to Mar 25, 2026
  • HNW RAUM · $539M to $678M
    Mar 25, 2025 to Mar 25, 2026
  • Individual RAUM · $42.8M to $35.0M
    Mar 25, 2025 to Mar 25, 2026
  • Pension RAUM · $18.8M to $19.7M
    Mar 25, 2025 to Mar 25, 2026
  • RAUM · $601M to $733M
    Mar 25, 2025 to Mar 25, 2026
  • Accounts · 1,192 to 1,289
    Jul 16, 2024 to Mar 25, 2025
  • HNW clients · 202 to 213
    Jul 16, 2024 to Mar 25, 2025
  • Individual clients · 123 to 127
    Jul 16, 2024 to Mar 25, 2025
  • Assets in custody · $15.0M to $18.5M
    Jul 16, 2024 to Mar 25, 2025
  • Financial planning clients · 251-500 to 26-50
    Jul 16, 2024 to Mar 25, 2025
  • Discretionary RAUM · $479M to $601M
    Jul 16, 2024 to Mar 25, 2025
  • HNW RAUM · $427M to $539M
    Jul 16, 2024 to Mar 25, 2025
  • Individual RAUM · $35.6M to $42.8M
    Jul 16, 2024 to Mar 25, 2025
  • Pension RAUM · $16.0M to $18.8M
    Jul 16, 2024 to Mar 25, 2025
  • RAUM · $479M to $601M
    Jul 16, 2024 to Mar 25, 2025
  • Accounts · 1,235 to 1,192
    Feb 26, 2023 to Mar 25, 2024
  • BD registered reps · 1 to 0
    Feb 26, 2023 to Mar 25, 2024
  • Charity clients · unset to 1.0
    Feb 26, 2023 to Mar 25, 2024
  • HNW clients · 240 to 202
    Feb 26, 2023 to Mar 25, 2024
  • Individual clients · 58 to 123
    Feb 26, 2023 to Mar 25, 2024
  • Assets in custody · unset to 14989523.0
    Feb 26, 2023 to Mar 25, 2024
  • Custody of client assets · false to true
    Feb 26, 2023 to Mar 25, 2024
  • Discretionary RAUM · $404M to $479M
    Feb 26, 2023 to Mar 25, 2024
  • HNW RAUM · $365M to $427M
    Feb 26, 2023 to Mar 25, 2024
  • Individual RAUM · $14.9M to $35.6M
    Feb 26, 2023 to Mar 25, 2024
  • Pension RAUM · $23.3M to $16.0M
    Feb 26, 2023 to Mar 25, 2024
  • RAUM · $404M to $479M
    Feb 26, 2023 to Mar 25, 2024
  • Accounts · 1,202 to 1,235
    Mar 30, 2022 to Feb 26, 2023
Signals
2 dated events
  • C•••••• W••••• A••••••• reported RAUM $601.2M, up 26% from $478.9M (2024-07-16 to 2025-03-25)
    Mar 25, 2025 · RAUM change · derived
  • C•••••• I•••••••• S••••••••• L•• filed its initial SEC registration (Form ADV)
    Feb 18, 2014 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business phone
408-560-3220reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/clarity-wealth-advisorsreportedpublic record, Form ADV, Sep 18, 2026
Website
H••••://WWW.C••••••WA.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
408-560-3220reportedpublic record, Form ADV, Sep 15, 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
$366Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026