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
X••• W••••• M••••••••• L••
Latest filing Feb 19, 2026
First filing on the tape Jul 13, 2018 · 13 filings
SEC status approved since Aug 13, 2018
RAUM
$498M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
97%
$481M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$166M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$498M as of Feb 19, 2026
Mar 8, 2019$120M then
HNW client RAUM$390M as of Feb 19, 2026
Mar 8, 2019$85.2M then
State-registered IARs (5.B.3)3 as of Feb 19, 2026
Mar 8, 20193 then
Employees (5.A)4 as of Feb 19, 2026
Mar 8, 20194 then
Private funds: no history
RAUM +8.8% over the last fiscal year+11% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Feb 19, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- 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
- $166MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 108derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.9MderivedHNW RAUM over HNW clients
- Average account
- $589,962derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 3.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +8.8%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +12%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individualsreportedItem 5.G
- Custody
- $481M, 323 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
- 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$390M78%
- Individuals$91.7M18%
- Pension and profit-sharing plans$16.7M3.3%
- Individual clients
- 244reported
- HNW clients
- 79reported
- Pension plan clients
- 11reported
- Charitable clients
- n/areported
- Accounts
- 844reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $481M for 323 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.97 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 |
|---|---|---|---|---|
| R•••••• A••••• B•••••••• | Holly Hill, Fl | Jun 2, 2017 | 27 y | 3 |
| J••••••• S•••• X•••••• | Holly Hill, Fl | Oct 22, 2019 | 24 y | 2 |
| C••• R•••••• S•••••• | Holly Hill, Fl | Jan 18, 2024 | 26 y | 1 |
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
- E•••• J••• R••• P••••••• to P••• T• P•••••• W••••• M•••••••••Nov 30, 2023 · RIA to RIA
Joined, latest
- C••• R•••••• S•••••• from A• W••••• M••••••••• L••Jan 18, 2024 · Affiliated broker-dealer or bank to independent RIA
- J••••••• S•••• X•••••• from M• H••••••• S••••••••• I•••Oct 22, 2019 · Other
- R•••••• A••••• B•••••••• from T••••• A••••••• S•••••••• I•••Jun 2, 2017 · Other
- E•••• J••• R••• P••••••• from A••••••••• F•••••••• S•••••••• L••Jan 2, 2015 · Affiliated broker-dealer or bank to independent RIA
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- X••••••• J•••••••• S•••• · Managing Member & 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 |
|---|---|---|---|---|---|
| Holly Hill, Fl · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- very high RAUM per advisorStatic outlier · filing Feb 19, 2026RAUM per registered advisor of $165,976,078 against a peer median of $55,746,441 (3254 comparable advisers, 100.0th percentile, 3.8 robust deviations)peers: independent wealth managers, $100M to $500M (3,254) · 100% percentile
What changed
consecutive filings, newest first
- Accounts · 886 to 844Feb 21, 2025 to Feb 19, 2026
- HNW clients · 68 to 79Feb 21, 2025 to Feb 19, 2026
- Individual clients · 221 to 244Feb 21, 2025 to Feb 19, 2026
- Pension plan clients · 6 to 11Feb 21, 2025 to Feb 19, 2026
- Assets in custody · $446M to $481MFeb 21, 2025 to Feb 19, 2026
- Discretionary RAUM · $446M to $481MFeb 21, 2025 to Feb 19, 2026
- HNW RAUM · $334M to $390MFeb 21, 2025 to Feb 19, 2026
- Individual RAUM · $112M to $91.7MFeb 21, 2025 to Feb 19, 2026
- Non-discretionary RAUM · $11.4M to $16.7MFeb 21, 2025 to Feb 19, 2026
- Pension RAUM · $11.4M to $16.7MFeb 21, 2025 to Feb 19, 2026
- RAUM · $458M to $498MFeb 21, 2025 to Feb 19, 2026
- Accounts · 653 to 886Feb 23, 2024 to Feb 21, 2025
- HNW clients · 33 to 68Feb 23, 2024 to Feb 21, 2025
- Individual clients · 255 to 221Feb 23, 2024 to Feb 21, 2025
- Pension plan clients · unset to 6.0Feb 23, 2024 to Feb 21, 2025
- Assets in custody · $343M to $446MFeb 23, 2024 to Feb 21, 2025
- Financial planning clients · unset to Feb 23, 2024 to Feb 21, 2025
- Discretionary RAUM · $337M to $446MFeb 23, 2024 to Feb 21, 2025
- HNW RAUM · $242M to $334MFeb 23, 2024 to Feb 21, 2025
- Individual RAUM · $102M to $112MFeb 23, 2024 to Feb 21, 2025
- Non-discretionary RAUM · $6.3M to $11.4MFeb 23, 2024 to Feb 21, 2025
- Pension RAUM · unset to 11352086.0Feb 23, 2024 to Feb 21, 2025
- RAUM · $343M to $458MFeb 23, 2024 to Feb 21, 2025
- Accounts · 1,197 to 653Mar 7, 2023 to Feb 23, 2024
- HNW clients · 58 to 33Mar 7, 2023 to Feb 23, 2024
- Individual clients · 416 to 255Mar 7, 2023 to Feb 23, 2024
- Assets in custody · unset to 343422373.0Mar 7, 2023 to Feb 23, 2024
- Custody of client assets · false to trueMar 7, 2023 to Feb 23, 2024
- Discretionary RAUM · $348M to $337MMar 7, 2023 to Feb 23, 2024
- HNW RAUM · $93.2M to $242MMar 7, 2023 to Feb 23, 2024
- Individual RAUM · $268M to $102MMar 7, 2023 to Feb 23, 2024
- Non-discretionary RAUM · $12.5M to $6.3MMar 7, 2023 to Feb 23, 2024
- RAUM · $361M to $343MMar 7, 2023 to Feb 23, 2024
- Accounts · 1,218 to 1,197Mar 9, 2022 to Mar 7, 2023
- HNW clients · 72 to 58Mar 9, 2022 to Mar 7, 2023
- Individual clients · 353 to 416Mar 9, 2022 to Mar 7, 2023
- Discretionary RAUM · $420M to $348MMar 9, 2022 to Mar 7, 2023
- HNW RAUM · $345M to $93.2MMar 9, 2022 to Mar 7, 2023
- Individual RAUM · $86.5M to $268MMar 9, 2022 to Mar 7, 2023
- Non-discretionary RAUM · $11.9M to $12.5MMar 9, 2022 to Mar 7, 2023
Signals
4 dated events
- X••• W••••• M••••••••• L•• reported RAUM $457.6M, up 33% from $343.4M (2024-02-23 to 2025-02-21)Feb 21, 2025 · RAUM change · derived
- E•••• J••• R••• P••••••• left X••• W••••• M••••••••• L•• for P••• T• P•••••• W••••• M••••••••• (registered 2026-01-01)Nov 30, 2023 · Advisor changed firm · fact
- X••• W••••• M••••••••• L•• reported RAUM $395.4M, up 120% from $179.9M (2020-06-16 to 2021-03-03)Mar 3, 2021 · RAUM change · derived
- X••• W••••• M••••••••• L•• filed its initial SEC registration (Form ADV)Jul 13, 2018 · 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
- randy@xcelwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- suzanne@xcelwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 386-872-3440reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 386-872-3442reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- X•••WEALTH.COMreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 386-872-3440reportedpublic record, Form ADV, Feb 19, 2026
- Contact form
- xcelwealth.com/contact-usreportedpublished 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
- $166Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026