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

Keystone Wealth Advisors

Former SEC-registered adviserLogan, UtahCRD 158234SEC 801-79615IAPD
Legal name Keystone Wealth Advisors, LLC
Latest filing Sep 3, 2020
First filing on the tape Apr 8, 2014 · 27 filings
RAUM
$31.6M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$31.6M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$31.6M as of May 7, 2020
Mar 10, 2015$160M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 7, 2020
Mar 10, 20155 then
Employees (5.A)4 as of May 7, 2020
Mar 10, 20156 then
Private funds: no history
RAUM -12% over the last fiscal year-15% a year over threeIARs 0 to 3offices 1 to 0
Practice profile
derived from the filing of Sep 3, 2020; every figure names its basis
RAUM per advisor
$10.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$57,174derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-12%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$31.6M100%
Individual clients
552reported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
552reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
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
    • Levi Gordon Nelson · Investment Adviser Representativecontrol
      since 08/2011 · owns 25% to 50%
    • Don James Vanderbeek · Investment Adviser Representativecontrol
      since 08/2011 · owns 25% to 50%
    • Jay Tyler Vanderbeek · Investment Adviser Representative, Cco (04/2019)control
      since 05/2011 · owns 25% to 50%
    Related persons
    Schedule D 7.A
    • Vancor Inc.
      real estatey
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Advisory employees · 4 to 3
      Jul 7, 2020 to Aug 6, 2020
    • Employees · 4 to 3
      Jul 7, 2020 to Aug 6, 2020
    • State-registered IARs · 0 to 3
      Jul 7, 2020 to Aug 6, 2020
    • Other offices · 1 to 0
      Jul 7, 2020 to Aug 6, 2020
    • Accounts · 563 to 552
      May 3, 2019 to Mar 19, 2020
    • Advisory employees · 5 to 4
      May 3, 2019 to Mar 19, 2020
    • Advisory activities · 4 to 3
      May 3, 2019 to Mar 19, 2020
    • Individual clients · 561 to 552
      May 3, 2019 to Mar 19, 2020
    • Employees · 5 to 4
      May 3, 2019 to Mar 19, 2020
    • Financial planning clients · 11-25 to 0
      May 3, 2019 to Mar 19, 2020
    • Discretionary RAUM · $35.9M to $31.6M
      May 3, 2019 to Mar 19, 2020
    • Individual RAUM · $21.8M to $31.6M
      May 3, 2019 to Mar 19, 2020
    • RAUM · $35.9M to $31.6M
      May 3, 2019 to Mar 19, 2020
    • Accounts · 651 to 563
      Nov 15, 2018 to Mar 31, 2019
    • Individual clients · 567 to 561
      Nov 15, 2018 to Mar 31, 2019
    • Employees · 6 to 5
      Nov 15, 2018 to Mar 31, 2019
    • Financial planning clients · 0 to 11-25
      Nov 15, 2018 to Mar 31, 2019
    • State-registered IARs · 5 to 0
      Nov 15, 2018 to Mar 31, 2019
    • Discretionary RAUM · $43.0M to $35.9M
      Nov 15, 2018 to Mar 31, 2019
    • Individual RAUM · $43.0M to $21.8M
      Nov 15, 2018 to Mar 31, 2019
    • Non-discretionary RAUM · $2.7M to $0
      Nov 15, 2018 to Mar 31, 2019
    • RAUM · $45.8M to $35.9M
      Nov 15, 2018 to Mar 31, 2019
    • Employees · 5 to 6
      Apr 17, 2018 to Nov 15, 2018
    • State-registered IARs · 4 to 5
      Apr 17, 2018 to Nov 15, 2018
    • Advisory employees · 4 to 5
      Mar 21, 2018 to Apr 17, 2018
    • Employees · 4 to 5
      Mar 21, 2018 to Apr 17, 2018
    • Other offices · 0 to 1
      Mar 21, 2018 to Apr 17, 2018
    • Accounts · 605 to 651
      Jul 7, 2017 to Mar 19, 2018
    • Individual clients · unset to 567.0
      Jul 7, 2017 to Mar 19, 2018
    • Other offices · unset to 0.0
      Jul 7, 2017 to Mar 19, 2018
    • Discretionary RAUM · $51.4M to $43.0M
      Jul 7, 2017 to Mar 19, 2018
    • Individual RAUM · unset to 43032501.0
      Jul 7, 2017 to Mar 19, 2018
    • Non-discretionary RAUM · $0 to $2.7M
      Jul 7, 2017 to Mar 19, 2018
    • RAUM · $51.4M to $45.8M
      Jul 7, 2017 to Mar 19, 2018
    • Accounts · 1,250 to 605
      Sep 13, 2016 to Mar 28, 2017
    • Advisory employees · 5 to 4
      Sep 13, 2016 to Mar 28, 2017
    • BD registered reps · 1 to 0
      Sep 13, 2016 to Mar 28, 2017
    • Employees · 6 to 4
      Sep 13, 2016 to Mar 28, 2017
    • Financial planning clients · 1-10 to 0
      Sep 13, 2016 to Mar 28, 2017
    • State-registered IARs · 5 to 4
      Sep 13, 2016 to Mar 28, 2017
    Signals
    4 dated events
    • Tyler Jay Vanderbeek left Keystone Wealth Advisors for Connect Financial Advisors (registered 2022-07-12)
      Oct 3, 2022 · Advisor changed firm · fact
    • James Don Vanderbeek left Keystone Wealth Advisors for Connect Financial Advisors (registered 2022-10-11)
      Oct 3, 2022 · Advisor changed firm · fact
    • 2 advisors left Keystone Wealth Advisors (Logan, UT) for Connect Financial Advisors on the same day
      Oct 3, 2022 · Team lift-out · derived
    • Keystone Wealth Advisors filed its initial SEC registration (Form ADV)
      Apr 8, 2014 · 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