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.

Former SEC-registered adviser

Wealth Management Group, LLC

Former SEC-registered adviserAllen, TexasCRD 158077SEC 801-78334IAPD
Latest filing Feb 4, 2021
First filing on the tape Jul 8, 2013 · 23 filings
RAUM
$172M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
89%
$153M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$172M as of Feb 4, 2021
Mar 4, 2014$120M then
HNW client RAUM$115M as of Feb 4, 2021
Mar 9, 2018$90.8M then
State-registered IARs (5.B.3)4 as of Feb 4, 2021
Mar 4, 20143 then
Employees (5.A)4 as of Feb 4, 2021
Mar 4, 20143 then
Private funds: no history
RAUM +1.5% over the last fiscal year+4.5% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Feb 4, 2021; every figure names its basis
RAUM per advisor
$43.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
73derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.4MderivedHNW RAUM over HNW clients
Average account
$221,602derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
8.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+1.5%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-3.6%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
yesreportedItem 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$115M68%
  • Individuals$38.2M23%
  • Charitable organizations$8.6M5.1%
  • Pension and profit-sharing plans$6.7M4.0%
  • Corporations and businesses$833,7570.5%
Individual clients
209reported
HNW clients
83reported
Pension plan clients
2reported
Charitable clients
12reported
Accounts
778reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, 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
    • Siegmund Robert Rothe · President/Chief Compliance Officer/Managing Membercontrol
      since 05/2011 · owns 50% to 75%
    • Ho Manita Lam · Member
      since 01/2020 · owns 5% to 10%
    • Joseph Henry Lessner · Member
      since 01/2017 · owns 10% to 25%
    Related persons
    Schedule D 7.A
    • Manita H. Lam, Cpa
      insurancen
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 817 to 778
      Oct 14, 2020 to Feb 4, 2021
    • Charity clients · 13 to 12
      Oct 14, 2020 to Feb 4, 2021
    • HNW clients · 59 to 83
      Oct 14, 2020 to Feb 4, 2021
    • Individual clients · 244 to 209
      Oct 14, 2020 to Feb 4, 2021
    • Pension plan clients · 3 to 2
      Oct 14, 2020 to Feb 4, 2021
    • Pooled vehicle clients · unset to 0.0
      Oct 14, 2020 to Feb 4, 2021
    • Assets in custody · $27.8M to $0
      Oct 14, 2020 to Feb 4, 2021
    • Discretionary RAUM · $170M to $172M
      Oct 14, 2020 to Feb 4, 2021
    • HNW RAUM · $80.5M to $115M
      Oct 14, 2020 to Feb 4, 2021
    • Individual RAUM · $64.0M to $38.2M
      Oct 14, 2020 to Feb 4, 2021
    • Pension RAUM · $5.1M to $6.7M
      Oct 14, 2020 to Feb 4, 2021
    • Pooled vehicle RAUM · unset to 0.0
      Oct 14, 2020 to Feb 4, 2021
    • RAUM · $170M to $172M
      Oct 14, 2020 to Feb 4, 2021
    • Accounts · 829 to 817
      Nov 27, 2019 to Mar 6, 2020
    • Corporate clients · 6 to 1
      Nov 27, 2019 to Mar 6, 2020
    • HNW clients · 57 to 59
      Nov 27, 2019 to Mar 6, 2020
    • Individual clients · 238 to 244
      Nov 27, 2019 to Mar 6, 2020
    • Pension plan clients · 2 to 3
      Nov 27, 2019 to Mar 6, 2020
    • Assets in custody · unset to 27793518.0
      Nov 27, 2019 to Mar 6, 2020
    • Custody of client assets · false to true
      Nov 27, 2019 to Mar 6, 2020
    • Other offices · 1 to 0
      Nov 27, 2019 to Mar 6, 2020
    • Discretionary RAUM · $141M to $170M
      Nov 27, 2019 to Mar 6, 2020
    • HNW RAUM · $63.4M to $80.5M
      Nov 27, 2019 to Mar 6, 2020
    • Individual RAUM · $54.9M to $64.0M
      Nov 27, 2019 to Mar 6, 2020
    • Pension RAUM · $3.5M to $5.1M
      Nov 27, 2019 to Mar 6, 2020
    • RAUM · $141M to $170M
      Nov 27, 2019 to Mar 6, 2020
    • Advisory activities · 3 to 2
      Nov 7, 2019 to Nov 21, 2019
    • Accounts · 723 to 829
      Oct 30, 2018 to Mar 18, 2019
    • Charity clients · 10 to 13
      Oct 30, 2018 to Mar 18, 2019
    • Corporate clients · unset to 6.0
      Oct 30, 2018 to Mar 18, 2019
    • HNW clients · 69 to 57
      Oct 30, 2018 to Mar 18, 2019
    • Individual clients · 188 to 238
      Oct 30, 2018 to Mar 18, 2019
    • Pension plan clients · unset to 2.0
      Oct 30, 2018 to Mar 18, 2019
    • Discretionary RAUM · $151M to $141M
      Oct 30, 2018 to Mar 18, 2019
    • HNW RAUM · $90.8M to $63.4M
      Oct 30, 2018 to Mar 18, 2019
    • Individual RAUM · $37.4M to $54.9M
      Oct 30, 2018 to Mar 18, 2019
    • Pension RAUM · $3.2M to $3.5M
      Oct 30, 2018 to Mar 18, 2019
    • RAUM · $151M to $141M
      Oct 30, 2018 to Mar 18, 2019
    • BD registered reps · 2 to 0
      Mar 9, 2018 to May 31, 2018
    • Accounts · 703 to 723
      May 25, 2017 to Mar 9, 2018
    Signals
    1 dated events
    • Wealth Management Group, Llc filed its initial SEC registration (Form ADV)
      Jul 8, 2013 · 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