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
F•••••• W••••• M•••••••••
Legal name F•••••• E••••• M••••••••• L••
Latest filing Jul 14, 2026
First filing on the tape Apr 20, 2012 · 48 filings
SEC status approved since Apr 9, 2014
RAUM
$193M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$191M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$38.6M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
48 filings and snapshots on the tape
RAUM$193M as of Jul 14, 2026
Apr 20, 2012$3.7M then
HNW client RAUM$105M as of Jul 14, 2026
Mar 27, 2018$60.5M then
State-registered IARs (5.B.3)3 as of Jul 14, 2026
Apr 20, 20120 then
Employees (5.A)4 as of Jul 14, 2026
Mar 10, 20151 then
Private funds: no history
RAUM +1.5% over the last fiscal year-0.4% a year over threeIARs 3 to 3offices 1 to 2
Practice profile
derived from the filing of Jul 14, 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
- Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
- RAUM per advisor
- $38.6MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 97derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.6MderivedHNW RAUM over HNW clients
- Average account
- $260,200derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 0.8derivedItem 5.A over advisors
- Advisors per office
- 1.7derived3 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
- -7.3%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, otherreportedItem 5.G
- Wrap fee program
- $163MreportedItem 5.I
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$105M55%
- Individuals$85.8M45%
- Other investment advisers$1.1M0.6%
- Corporations and businesses$479,0760.2%
- Individual clients
- 461reported
- HNW clients
- 23reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 741reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- $0 sponsored, $29.8M managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.99 fund_share=0.01 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| C•••• A•••• L••• | Plano, Tx | Nov 15, 2011 | 27 y | 4 |
| D•••• B• S•••• | Plano, Tx | Jul 2, 2015 | 18 y | 2 |
| J•••• E••••• H•••• | New Braunfels, Tx | Jan 22, 2019 | 27 y | 4 |
| D••••• L••••• F•••• | Plano, Tx | Apr 29, 2019 | 29 y | 5 |
| M•••••• E••••• S•••••••• | Plano, Tx | Jun 15, 2026 | 23 y | 7 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- C••••••••• M•••••• W••• to M••••• A•••••••• L••Apr 25, 2019 · RIA to affiliated broker-dealer or bank
- D••••• L••••• F•••• to S••••••••• A•••••• A•••••••• I•••Apr 12, 2018 · RIA to affiliated broker-dealer or bank
Joined, latest
- M•••••• E••••• S•••••••• from F••••••Jun 15, 2026 · RIA to RIA
- D••••• L••••• F•••• from S••••••••• A•••••• A•••••••• I•••Apr 29, 2019 · Affiliated broker-dealer or bank to independent RIA
- J•••• E••••• H•••• from S••••••••• A•••••• A•••••••• I•••Jan 22, 2019 · Affiliated broker-dealer or bank to independent RIA
- C••••••••• M•••••• W••• from C••••• C••••••• L••Jan 14, 2019 · Other
- D••••• L••••• F•••• from W•• A•••••••• L•Aug 17, 2017 · Other
- D•••• B• S•••• from M•••••• L••••• P•••••• F••••• • S•••• I•••••••••Jul 2, 2015 · Other
- C•••• A•••• L••• from W•• A•••••••• L•Nov 15, 2011 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- L•••• C••••• A•••• · Managing Member/Chief Compliance Officersince 08/2011 · owns less than 5%
Entity owners
- B••••••••• I••••••••• M••••••••• U•• I••• · Ownerdirect · owns 75% or more
- L•••• P••• C•••••• P••••••• I••• · Shareholderindirect · owns F of B••••••••• I••••••••• M••••••••• U•• I•••
Related persons
Schedule D 7.A
- B••••••••• I••••••••• M••••••••• I•••investment advisern
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Plano, Tx · principal | 5 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
What changed
consecutive filings, newest first
- Other offices · 1 to 2Jun 15, 2026 to Jul 14, 2026
- Accounts · 800 to 741Jul 1, 2025 to Feb 10, 2026
- Corporate clients · 1 to 2Jul 1, 2025 to Feb 10, 2026
- HNW clients · 22 to 23Jul 1, 2025 to Feb 10, 2026
- Individual clients · 500 to 461Jul 1, 2025 to Feb 10, 2026
- Employees · 3 to 4Jul 1, 2025 to Feb 10, 2026
- Discretionary RAUM · $190M to $193MJul 1, 2025 to Feb 10, 2026
- HNW RAUM · $102M to $105MJul 1, 2025 to Feb 10, 2026
- Individual RAUM · $85.4M to $85.8MJul 1, 2025 to Feb 10, 2026
- RAUM · $190M to $193MJul 1, 2025 to Feb 10, 2026
- Wrap assets (manager) · $48.0M to $29.8MJul 1, 2025 to Feb 10, 2026
- Business name · F•••••• E••••• M••••••••• L•• to F•••••• W••••• M•••••••••Mar 27, 2025 to Jul 1, 2025
- Financial planning clients · 1-10 to 1-10Mar 27, 2025 to Jul 1, 2025
- Accounts · 851 to 800Mar 29, 2024 to Mar 27, 2025
- Corporate clients · unset to 1.0Mar 29, 2024 to Mar 27, 2025
- Individual clients · 535 to 500Mar 29, 2024 to Mar 27, 2025
- Employees · 4 to 3Mar 29, 2024 to Mar 27, 2025
- Financial planning clients · 0 to 1-10Mar 29, 2024 to Mar 27, 2025
- Discretionary RAUM · $186M to $190MMar 29, 2024 to Mar 27, 2025
- HNW RAUM · $80.3M to $102MMar 29, 2024 to Mar 27, 2025
- Individual RAUM · $91.7M to $85.4MMar 29, 2024 to Mar 27, 2025
- RAUM · $186M to $190MMar 29, 2024 to Mar 27, 2025
- Wrap assets (manager) · $85.5M to $48.0MMar 29, 2024 to Mar 27, 2025
- Accounts · 1,141 to 851Mar 8, 2023 to Mar 29, 2024
- Advisory employees · 4 to 3Mar 8, 2023 to Mar 29, 2024
- Individual clients · 672 to 535Mar 8, 2023 to Mar 29, 2024
- Employees · 5 to 4Mar 8, 2023 to Mar 29, 2024
- State-registered IARs · 4 to 3Mar 8, 2023 to Mar 29, 2024
- Discretionary RAUM · $195M to $186MMar 8, 2023 to Mar 29, 2024
- HNW RAUM · $51.1M to $80.3MMar 8, 2023 to Mar 29, 2024
- Individual RAUM · $110M to $91.7MMar 8, 2023 to Mar 29, 2024
- RAUM · $195M to $186MMar 8, 2023 to Mar 29, 2024
- Related adviser · false to trueMar 8, 2023 to Mar 29, 2024
- Wrap assets (manager) · $195M to $85.5MMar 8, 2023 to Mar 29, 2024
- Accounts · 2,013 to 1,141Oct 26, 2022 to Mar 8, 2023
- HNW clients · 34 to 22Oct 26, 2022 to Mar 8, 2023
- Individual clients · 1,364 to 672Oct 26, 2022 to Mar 8, 2023
- Discretionary RAUM · $375M to $195MOct 26, 2022 to Mar 8, 2023
- HNW RAUM · $82.8M to $51.1MOct 26, 2022 to Mar 8, 2023
- Individual RAUM · $243M to $110MOct 26, 2022 to Mar 8, 2023
Signals
4 dated events
- F•••••• W••••• M••••••••• reported RAUM $195.3M, down 48% from $375.3M (2022-10-26 to 2023-03-08)Mar 8, 2023 · RAUM change · derived
- F•••••• W••••• M••••••••• reported RAUM $243.6M, down 31% from $354.8M (2019-11-04 to 2020-03-06)Mar 6, 2020 · RAUM change · derived
- F•••••• W••••• M••••••••• reported RAUM $269.6M, up 197% from $90.8M (2017-12-26 to 2018-03-27)Mar 27, 2018 · RAUM change · derived
- Fulcrumeq filed its initial SEC registration (Form ADV)Mar 28, 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.
How to reach
public business contact points only, each with its source
- Business email
- info@fulcrumwm.comreportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/fulcrum-equity-managementreportedpublic record, Form ADV, Sep 18, 2026
- Website
- fulcrumwm.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 888-304-6942reportedpublic record, Form ADV, Jul 14, 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
- $38.6Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026