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
B••••••• W••••• M••••••••• L••
Latest filing Feb 27, 2026
First filing on the tape Dec 2, 2011 · 32 filings
SEC status approved since Sep 6, 2016
RAUM
$259M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$248M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$86.5M
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$259M as of Feb 27, 2026
Feb 9, 2017$119M then
HNW client RAUM$121M as of Feb 27, 2026
Feb 5, 2018$75.5M then
State-registered IARs (5.B.3)3 as of Feb 27, 2026
Feb 9, 20173 then
Employees (5.A)6 as of Feb 27, 2026
Feb 9, 20175 then
Private funds: no history
RAUM -2.7% over the last fiscal year+2.8% a year over threeIARs 2 to 3
Practice profile
derived from the filing of Feb 27, 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
- $86.5MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 147derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.3MderivedHNW RAUM over HNW clients
- Average account
- $228,909derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 3.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -2.7%derivedbetween the last two annual amendments
- Advisor growth, one year
- +50%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +4.5%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, publications, otherreportedItem 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
- 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 testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$126M49%
- High-net-worth individuals$121M47%
- Charitable organizations$7.8M3.0%
- Corporations and businesses$3.7M1.4%
- Individual clients
- 404reported
- HNW clients
- 37reported
- Pension plan clients
- 7reported
- Charitable clients
- 1reported
- Accounts
- 1,133reported
- Financial planning clients
- 11-25reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.96 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| M•••••• A•••• P••••• | Muskegon, Mi | Nov 30, 2012 | 37 y | 2 |
| D•••••• M•••••• P••••• | Muskegon, Mi | Dec 2, 2024 | 10 y | 0 |
| L•••• M•••••• | Muskegon, Mi | Oct 3, 2025 | 11 y | 0 |
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
- M•••••• N••••• M•••• to E••••••• S••••• C••••••Jan 9, 2025 · RIA to a state-registered adviser
Joined, latest
- M•••••• A•••• P••••• from R•••••• W•••••Nov 30, 2012 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- P•••••• M••••••• A•••• · Managing Member And Chief Compliance Officercontrolsince 08/2011 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Muskegon, Mi · principal | 3 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,195 to 1,133Oct 14, 2025 to Feb 27, 2026
- Charity clients · 0 to 1Oct 14, 2025 to Feb 27, 2026
- Corporate clients · 4 to 5Oct 14, 2025 to Feb 27, 2026
- HNW clients · 46 to 37Oct 14, 2025 to Feb 27, 2026
- Individual clients · 376 to 404Oct 14, 2025 to Feb 27, 2026
- Pension plan clients · 0 to 7Oct 14, 2025 to Feb 27, 2026
- Financial planning clients · 1-10 to 11-25Oct 14, 2025 to Feb 27, 2026
- Discretionary RAUM · $266M to $259MOct 14, 2025 to Feb 27, 2026
- HNW RAUM · $115M to $121MOct 14, 2025 to Feb 27, 2026
- Individual RAUM · $135M to $126MOct 14, 2025 to Feb 27, 2026
- Non-discretionary RAUM · $244,760 to $0Oct 14, 2025 to Feb 27, 2026
- RAUM · $267M to $259MOct 14, 2025 to Feb 27, 2026
- Advisory employees · 2 to 3Aug 19, 2025 to Oct 14, 2025
- Employees · 5 to 6Aug 19, 2025 to Oct 14, 2025
- State-registered IARs · 2 to 3Aug 19, 2025 to Oct 14, 2025
- Employees · 4 to 5Apr 7, 2025 to Aug 19, 2025
- Accounts · 1,174 to 1,195Jan 9, 2025 to Apr 7, 2025
- Corporate clients · 0 to 4Jan 9, 2025 to Apr 7, 2025
- HNW clients · 48 to 46Jan 9, 2025 to Apr 7, 2025
- Individual clients · 403 to 376Jan 9, 2025 to Apr 7, 2025
- Financial planning clients · 1-10 to 1-10Jan 9, 2025 to Apr 7, 2025
- Discretionary RAUM · $226M to $266MJan 9, 2025 to Apr 7, 2025
- HNW RAUM · $103M to $115MJan 9, 2025 to Apr 7, 2025
- Individual RAUM · $167M to $135MJan 9, 2025 to Apr 7, 2025
- Non-discretionary RAUM · $44.0M to $244,760Jan 9, 2025 to Apr 7, 2025
- RAUM · $270M to $267MJan 9, 2025 to Apr 7, 2025
- Advisory employees · 3 to 2Feb 5, 2024 to Jan 9, 2025
- Employees · 5 to 4Feb 5, 2024 to Jan 9, 2025
- State-registered IARs · 3 to 2Feb 5, 2024 to Jan 9, 2025
- Accounts · 998 to 1,174Aug 30, 2023 to Jan 9, 2024
- HNW clients · 46 to 48Aug 30, 2023 to Jan 9, 2024
- Individual clients · 436 to 403Aug 30, 2023 to Jan 9, 2024
- Discretionary RAUM · $194M to $226MAug 30, 2023 to Jan 9, 2024
- HNW RAUM · $123M to $103MAug 30, 2023 to Jan 9, 2024
- Individual RAUM · $116M to $167MAug 30, 2023 to Jan 9, 2024
- Non-discretionary RAUM · $44.5M to $44.0MAug 30, 2023 to Jan 9, 2024
- RAUM · $239M to $270MAug 30, 2023 to Jan 9, 2024
- Accounts · 631 to 998Jan 20, 2023 to Mar 10, 2023
- HNW clients · 51 to 46Jan 20, 2023 to Mar 10, 2023
- Individual clients · 599 to 436Jan 20, 2023 to Mar 10, 2023
Signals
2 dated events
- M•••••• N••••• M•••• left B••••••• W••••• M••••••••• L•• for E••••••• S••••• C•••••• (registered 2025-01-09)Jan 9, 2025 · Advisor changed firm · fact
- B••••••• W••••• M••••••••• L•• filed its initial SEC registration (Form ADV)Aug 29, 2016 · 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
- Business email
- info@b•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 888-555-1212reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 231-247-0276reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 231-720-0743reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 231-720-0743reportedpublic record, Form ADV, Feb 27, 2026
- Contact form
- BRAEBURNWEALTH.COM/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- BRAEBURNWEALTH.COM/teamreportedpublished by the firm, firm site, 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
- $86.5Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026