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

Wellspring Financial Partners

Former SEC-registered adviserTucson, ArizonaCRD 158872SEC 801-112630website IAPD

Legal name Investment Metrics, LLC

Latest filing Mar 2, 2026

First filing on the tape Feb 14, 2018 · 32 filings

SEC status approved since Apr 13, 2018

RAUM

$1.2B

reported, Item 5.F

Discretionary

80%

of RAUM

Private clients

37%

$449M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

n/a

derived; firm RAUM over IAPD count

Employees

3 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

32 filings and snapshots on the tape

RAUM$1.2B as of Mar 2, 2026

Mar 11, 2019$472M then

HNW client RAUM$359M as of Mar 2, 2026

Mar 11, 2019$90.3M then

State-registered IARs (5.B.3)5 as of Mar 2, 2026

Mar 11, 20195 then

Employees (5.A)10 as of Mar 2, 2026

Mar 11, 20195 then

Private funds: no history

RAUM +20% over the last fiscal year+21% a year over threeIARs 5 to 5

Practice profile

derived from the filing of Mar 2, 2026; every figure names its basis

RAUM per advisor: $244MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 84derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $3.0MderivedHNW RAUM over HNW clients
Average account: $2.6MderivedRAUM over accounts (5.F.2.f)
Discretionary: 80%derivedof RAUM
Institutional: 63%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 2.0derivedItem 5.A over advisors
Advisors per office: 2.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year: +20%derivedbetween the last two annual amendments
Advisor growth, one year: +0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year: +11%derived
Compensation: percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
Custody: $132M, 188 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)
marketing includes testimonials (5.L.1.c)

Where the RAUM sits

Form ADV Item 5.D, latest filing

Pension and profit-sharing plans$772M63%
High-net-worth individuals$359M29%
Individuals$90.4M7.4%

Individual clients: 297reported
HNW clients: 121reported
Pension plan clients: 52reported
Charitable clients: n/areported
Accounts: 470reported
Financial planning clients: 26-50reported
Wrap fee programs: noreported
Custody of client assets: $132M for 188 clientsreported
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

7 left, 1 joined in 12 months

net -6 in 12 months5 left in 90 days0 joined in 90 days9 left over 36 months

Left, latest

Timothy Michael Fleshman to Parkwoods Wealth Partners, LLC
Jul 8, 2026 · RIA to RIA
Patrick John Zumbusch to Wellspring99
Jul 8, 2026 · Other
Jacob Rudd Lingard to Parkwoods Wealth Partners, LLC
Jul 8, 2026 · RIA to RIA
Jacob Andrew Edwards to Parkwoods Wealth Partners, LLC
Jul 8, 2026 · RIA to RIA
Deirdre Marie Kochanski to Wellspring99
Jul 8, 2026 · Other
Deborah Kerr to Thrivent Investment Management Inc.
Nov 7, 2025 · RIA to affiliated broker-dealer or bank
John Patrick Sentner to Creative Planning
Sep 22, 2025 · RIA to RIA
Nathan Maxwell Pawlak to Focus Partners Wealth, LLC
May 21, 2025 · RIA to RIA
Elias Young to Independence Financial Planning LLC
Oct 23, 2024 · Other
Richard Bruce Pyle to Ashton Thomas Private Wealth
Feb 22, 2022 · RIA to RIA

Joined, latest

Deborah Kerr from Lido
Sep 24, 2025 · RIA to RIA
Jacob Rudd Lingard from Equitable Advisors, LLC
Oct 12, 2022 · Affiliated broker-dealer or bank to independent RIA
Richard Bruce Pyle from Wellspring99
Oct 5, 2015 · Other
Patrick John Zumbusch from Pathways Financial Partners,Inc.
Sep 21, 2011 · Other
Deirdre Marie Kochanski from Evolve Securities, Inc.
Sep 21, 2011 · Other

Every departure Every arrival

Teams: two or more advisors moving together within fourteen days, from one state

2 left for Wellspring99
Jul 8, 2026 · Tucson, Az
2 left for Parkwoods Wealth Partners, LLC
Jul 8, 2026 · Tucson, Az

Teams out Teams in

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

Marie Deirdre Kochanski · Chief Compliance Officercontrol
since 08/2011 · owns less than 5%
John Patrick Zumbusch · Owner, Managing Membercontrol
since 08/2011 · owns 75% or more

Related persons

Schedule D 7.A

No related person reported.

Advisers that list Wellspring Financial Partners as a related person

162427 n

Office movement

IAPD branch city; joins and departures in 12 months

Office	Left	Teams out
Charlottesville, Va	1
Danville, Ca	1
Tucson, Az · principal	5	2
Tuson, Az	0

Offices

Schedule D 1.F, the 25 largest

, 1 employees

What changed

consecutive filings, newest first

Accounts · 430 to 470
May 21, 2025 to Mar 2, 2026
Advisory employees · 4 to 3
May 21, 2025 to Mar 2, 2026
HNW clients · 104 to 121
May 21, 2025 to Mar 2, 2026
Individual clients · 274 to 297
May 21, 2025 to Mar 2, 2026
Pension plan clients · 51 to 52
May 21, 2025 to Mar 2, 2026
Assets in custody · $207M to $132M
May 21, 2025 to Mar 2, 2026
Financial planning clients · 1-10 to 26-50
May 21, 2025 to Mar 2, 2026
Discretionary RAUM · $810M to $977M
May 21, 2025 to Mar 2, 2026
HNW RAUM · $274M to $359M
May 21, 2025 to Mar 2, 2026
Individual RAUM · $79.9M to $90.4M
May 21, 2025 to Mar 2, 2026
Non-discretionary RAUM · $207M to $244M
May 21, 2025 to Mar 2, 2026
Pension RAUM · $662M to $772M
May 21, 2025 to Mar 2, 2026
RAUM · $1.0B to $1.2B
May 21, 2025 to Mar 2, 2026
Financial planning clients · 1-10 to 1-10
Mar 4, 2025 to May 21, 2025
Accounts · 391 to 430
Oct 23, 2024 to Mar 4, 2025
HNW clients · 95 to 104
Oct 23, 2024 to Mar 4, 2025
Individual clients · 250 to 274
Oct 23, 2024 to Mar 4, 2025
Pension plan clients · 46 to 51
Oct 23, 2024 to Mar 4, 2025
Assets in custody · $66.1M to $207M
Oct 23, 2024 to Mar 4, 2025
Employees · 11 to 10
Oct 23, 2024 to Mar 4, 2025
Discretionary RAUM · $664M to $810M
Oct 23, 2024 to Mar 4, 2025
HNW RAUM · $233M to $274M
Oct 23, 2024 to Mar 4, 2025
Individual RAUM · $71.4M to $79.9M
Oct 23, 2024 to Mar 4, 2025
Non-discretionary RAUM · $169M to $207M
Oct 23, 2024 to Mar 4, 2025
Pension RAUM · $528M to $662M
Oct 23, 2024 to Mar 4, 2025
RAUM · $833M to $1.0B
Oct 23, 2024 to Mar 4, 2025
Accounts · 343 to 391
Sep 5, 2023 to Mar 18, 2024
Advisory employees · 6 to 4
Sep 5, 2023 to Mar 18, 2024
HNW clients · 82 to 95
Sep 5, 2023 to Mar 18, 2024
Individual clients · 215 to 250
Sep 5, 2023 to Mar 18, 2024
Employees · 9 to 11
Sep 5, 2023 to Mar 18, 2024
State-registered IARs · 6 to 5
Sep 5, 2023 to Mar 18, 2024
Other offices · 0 to 1
Sep 5, 2023 to Mar 18, 2024
Discretionary RAUM · $559M to $664M
Sep 5, 2023 to Mar 18, 2024
HNW RAUM · $198M to $233M
Sep 5, 2023 to Mar 18, 2024
Individual RAUM · $60.7M to $71.4M
Sep 5, 2023 to Mar 18, 2024
Non-discretionary RAUM · $132M to $169M
Sep 5, 2023 to Mar 18, 2024
Pension RAUM · $433M to $528M
Sep 5, 2023 to Mar 18, 2024
RAUM · $691M to $833M
Sep 5, 2023 to Mar 18, 2024
Accounts · 348 to 343
Jul 5, 2022 to Mar 21, 2023

Signals

16 dated events

Wellspring Financial Partners no longer on the SEC adviser roster (last listed 2026-07-01, RAUM $1.2B)
Aug 3, 2026 · Left the SEC roster · derived
Jacob Andrew Edwards left Wellspring Financial Partners for Parkwoods Wealth Partners, Llc (registered 2026-06-10)
Jul 8, 2026 · Advisor changed firm · fact
Timothy Michael Fleshman left Wellspring Financial Partners for Parkwoods Wealth Partners, Llc (registered 2026-06-19)
Jul 8, 2026 · Advisor changed firm · fact
Deirdre Marie Kochanski left Wellspring Financial Partners for Wellspring99 (registered 2012-08-03)
Jul 8, 2026 · Advisor changed firm · fact
Patrick John Zumbusch left Wellspring Financial Partners for Wellspring99 (registered 2012-08-03)
Jul 8, 2026 · Advisor changed firm · fact
Jacob Rudd Lingard left Wellspring Financial Partners for Parkwoods Wealth Partners, Llc (registered 2026-06-09)
Jul 8, 2026 · Advisor changed firm · fact
2 advisors left Wellspring Financial Partners (Tucson, AZ) for Wellspring99 on the same day
Jul 8, 2026 · Team lift-out · derived
2 advisors left Wellspring Financial Partners (Tucson, AZ) for Parkwoods Wealth Partners, LLC on the same day
Jul 8, 2026 · Team lift-out · derived
Deborah Kerr left Wellspring Financial Partners for Thrivent Investment Management Inc. (registered 2025-12-24)
Nov 7, 2025 · Advisor changed firm · fact
John Patrick Sentner left Wellspring Financial Partners for Creative Planning (registered 2025-10-09)
Sep 22, 2025 · Advisor changed firm · fact
Nathan Maxwell Pawlak left Wellspring Financial Partners for Focus Partners Wealth, Llc (registered 2025-05-06)
May 21, 2025 · Advisor changed firm · fact
Elias Young left Wellspring Financial Partners for Independence Financial Planning Llc (registered 2024-11-22)
Oct 23, 2024 · Advisor changed firm · fact
Richard Bruce Pyle left Wellspring Financial Partners for Ashton Thomas Private Wealth (registered 2022-02-24)
Feb 22, 2022 · Advisor changed firm · fact
Wellspring Financial Partners reported RAUM $614.6M, up 30% from $472.0M (2019-11-01 to 2020-03-26)
Mar 26, 2020 · RAUM change · derived
Wellspring Financial Partners reported RAUM $472.0M, up 347% from $105.6M (2018-03-24 to 2019-03-11)
Mar 11, 2019 · RAUM change · derived
Wellspring Financial Partners filed its initial SEC registration (Form ADV)
Feb 14, 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.

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