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

Brs Financial LLC

Former SEC-registered adviserLittle Rock, ArkansasCRD 158566SEC 801-128220IAPD
Latest filing Oct 9, 2024
First filing on the tape May 25, 2023 · 10 filings
RAUM
$72.6M
reported, Item 5.F
Discretionary
81%
of RAUM
Private clients
71%
$51.4M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
2
$14.8M gross assets
History
10 filings and snapshots on the tape
RAUM$72.6M as of Oct 9, 2024
May 25, 2023$114M then
HNW client RAUM$23.2M as of Oct 9, 2024
May 25, 2023$43.6M then
State-registered IARs (5.B.3)5 as of Oct 9, 2024
May 25, 20236 then
Employees (5.A)5 as of Oct 9, 2024
May 25, 20236 then
Private funds2 as of Oct 9, 2024
May 25, 20231 then
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Oct 9, 2024; every figure names its basis
RAUM per advisor
$14.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
27derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$893,892derivedHNW RAUM over HNW clients
Average account
$248,795derivedRAUM over accounts (5.F.2.f)
Discretionary
81%derivedof RAUM
Institutional
3.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween 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, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 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)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$28.1M39%
  • High-net-worth individuals$23.2M32%
  • Pooled investment vehicles$14.8M20%
  • Corporations and businesses$3.8M5.3%
  • Pension and profit-sharing plans$2.6M3.6%
Individual clients
107reported
HNW clients
26reported
Pension plan clients
2reported
Charitable clients
0reported
Accounts
292reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, 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
    2 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    Frontwave Partners LPHedge Fund$8.4M15May 25, 2023
    Fwcm - Bre Services - Allocations Funds LLCPrivate Equity Fund$6.4M12Mar 19, 2024
    Owners and control persons
    Schedule A and B, latest filing
    • Richard Gordon Jensen · Member, Cio, Ccocontrol
      since 01/2023 · owns 50% to 75%
    • Ronald Richard Jensen · Managing Membercontrol
      since 05/2011 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    • Brs Consulting Inc
      real estaten
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Little Rock, Ar · principal000
    Offices
    Schedule D 1.F, the 25 largest
    • Humacao, PR1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 410 to 292
      Apr 23, 2024 to Oct 9, 2024
    • Advisory employees · 7 to 5
      Apr 23, 2024 to Oct 9, 2024
    • HNW clients · 38 to 26
      Apr 23, 2024 to Oct 9, 2024
    • Individual clients · 139 to 107
      Apr 23, 2024 to Oct 9, 2024
    • Assets in custody · $137M to $0
      Apr 23, 2024 to Oct 9, 2024
    • Custody of client assets · true to false
      Apr 23, 2024 to Oct 9, 2024
    • Employees · 7 to 5
      Apr 23, 2024 to Oct 9, 2024
    • Financial planning clients · 101-250 to 51-100
      Apr 23, 2024 to Oct 9, 2024
    • State-registered IARs · 7 to 5
      Apr 23, 2024 to Oct 9, 2024
    • Other offices · 3 to 1
      Apr 23, 2024 to Oct 9, 2024
    • Discretionary RAUM · $137M to $58.9M
      Apr 23, 2024 to Oct 9, 2024
    • HNW RAUM · $124M to $23.2M
      Apr 23, 2024 to Oct 9, 2024
    • Individual RAUM · $56.2M to $28.1M
      Apr 23, 2024 to Oct 9, 2024
    • Non-discretionary RAUM · $63.7M to $13.8M
      Apr 23, 2024 to Oct 9, 2024
    • Pension RAUM · $938,414 to $2.6M
      Apr 23, 2024 to Oct 9, 2024
    • RAUM · $200M to $72.6M
      Apr 23, 2024 to Oct 9, 2024
    • Accounts · 305 to 410
      Oct 12, 2023 to Mar 19, 2024
    • BD registered reps · 1 to 0
      Oct 12, 2023 to Mar 19, 2024
    • Corporate clients · 7 to 2
      Oct 12, 2023 to Mar 19, 2024
    • HNW clients · 27 to 38
      Oct 12, 2023 to Mar 19, 2024
    • Individual clients · 113 to 139
      Oct 12, 2023 to Mar 19, 2024
    • Pension plan clients · 3 to 2
      Oct 12, 2023 to Mar 19, 2024
    • Pooled vehicle clients · 1 to 2
      Oct 12, 2023 to Mar 19, 2024
    • Assets in custody · $6.5M to $137M
      Oct 12, 2023 to Mar 19, 2024
    • Private funds · 1 to 2
      Oct 12, 2023 to Mar 19, 2024
    • Discretionary RAUM · $128M to $137M
      Oct 12, 2023 to Mar 19, 2024
    • HNW RAUM · $63.2M to $124M
      Oct 12, 2023 to Mar 19, 2024
    • Individual RAUM · $52.8M to $56.2M
      Oct 12, 2023 to Mar 19, 2024
    • Non-discretionary RAUM · $8.4M to $63.7M
      Oct 12, 2023 to Mar 19, 2024
    • Pension RAUM · $1.8M to $938,414
      Oct 12, 2023 to Mar 19, 2024
    • Pooled vehicle RAUM · $8.9M to $14.8M
      Oct 12, 2023 to Mar 19, 2024
    • RAUM · $136M to $200M
      Oct 12, 2023 to Mar 19, 2024
    • Other offices · 1 to 3
      Jul 7, 2023 to Oct 12, 2023
    • Discretionary RAUM · $108M to $128M
      Jul 7, 2023 to Oct 12, 2023
    • HNW RAUM · $43.6M to $63.2M
      Jul 7, 2023 to Oct 12, 2023
    • Non-discretionary RAUM · $5.7M to $8.4M
      Jul 7, 2023 to Oct 12, 2023
    • Pooled vehicle RAUM · $6.5M to $8.9M
      Jul 7, 2023 to Oct 12, 2023
    • RAUM · $114M to $136M
      Jul 7, 2023 to Oct 12, 2023
    • Advisory employees · 6 to 7
      May 25, 2023 to Jun 14, 2023
    • Employees · 6 to 7
      May 25, 2023 to Jun 14, 2023
    Signals
    13 dated events
    • Richard Ronald Jensen left Brs Financial Llc for Sollinda Capital Management Llc (registered 2024-12-04)
      Dec 5, 2024 · Advisor changed firm · fact
    • 2 advisors left Brs Financial LLC (Little Rock, AR) for Sollinda Capital Management LLC on the same day
      Dec 5, 2024 · Team lift-out · derived
    • Gordon Richard Jensen left Brs Financial Llc for Sollinda Capital Management Llc (registered 2024-11-18)
      Dec 5, 2024 · Advisor changed firm · fact
    • Matthew David Haas left Brs Financial Llc for Sowell Management (registered 2024-10-29)
      Dec 5, 2024 · Advisor changed firm · fact
    • 2 advisors left Brs Financial LLC (Little Rock, AR) for Eversource Wealth Advisors, LLC on the same day
      Nov 25, 2024 · Team lift-out · derived
    • David Allen Sims left Brs Financial Llc for Eversource Wealth Advisors, Llc (registered 2024-11-13)
      Nov 25, 2024 · Advisor changed firm · fact
    • William Cole Somers left Brs Financial Llc for Eversource Wealth Advisors, Llc (registered 2024-11-13)
      Nov 25, 2024 · Advisor changed firm · fact
    • Brs Financial Llc reported RAUM $72.6M, down 64% from $200.3M (2024-04-23 to 2024-10-09)
      Oct 9, 2024 · RAUM change · derived
    • Allen David Sims (Managing Member/Chief Compliance Officer) no longer on Schedule A of Brs Financial Llc (listed 2024-04-23, absent 2024-10-09)
      Oct 9, 2024 · Control person left · inference
    • Micah John Wakefield left Brs Financial Llc for Truehaven Capital (registered 2024-07-19)
      Sep 13, 2024 · Advisor changed firm · fact
    • Martin Austin Northern left Brs Financial Llc for Sowell Management (registered 2024-08-20)
      Aug 19, 2024 · Advisor changed firm · fact
    • Richard Gordon Jensen (Owner/Chief Investment Officer) appeared on Schedule A of Brs Financial Llc
      Oct 12, 2023 · Control person joined · fact
    • Brs Financial Llc filed its initial SEC registration (Form ADV)
      May 25, 2023 · First SEC registration · fact
    Across DFX
    shared identifiers only, never a name match
    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