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.

SEC-registered adviser

Investor Fan

Independent wealth managerCRD 159301SEC 801-111660websiteIAPD
Legal name Investor'S Fiduciary Advisor Network, LLC
Latest filing Mar 20, 2026
First filing on the tape Aug 11, 2017 · 30 filings
SEC status approved since Sep 11, 2017
RAUM
$787M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$785M individuals and HNW
Advisors
14
registered through the firm on IAPD
RAUM per advisor
$56.2M
derived; firm RAUM over IAPD count
Employees
18
16 advisory (5.B.1)
Offices
14
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$787M as of Mar 20, 2026
Feb 28, 2018$137M then
HNW client RAUM$572M as of Mar 20, 2026
Feb 28, 2018$46.9M then
State-registered IARs (5.B.3)16 as of Mar 20, 2026
Feb 28, 20188 then
Employees (5.A)18 as of Mar 20, 2026
Feb 28, 20188 then
Private funds: no history
RAUM +84% over the last fiscal year+62% a year over threeIARs 11 to 16offices 11 to 14
Practice profile
derived from the filing of Mar 20, 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
RAUM per advisor
$56.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
62derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$352,153derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
0.9derived15 offices incl. principal (1.F.5)
RAUM growth, one year
+84%derivedbetween the last two annual amendments
Advisor growth, one year
+45%derivedItem 5.B.3 between annual amendments
Client growth, one year
+40%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Custody
$183M, 269 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
  • is an insurance broker or agent (6.A.6)
  • 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$572M73%
  • Individuals$213M27%
  • Charitable organizations$1.5M0.2%
  • Corporations and businesses$537,0680.1%
Individual clients
639reported
HNW clients
235reported
Pension plan clients
n/areported
Charitable clients
7reported
Accounts
2,236reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$183M for 269 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
14 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Rod D EhrlichBoise, IdJan 24, 201225 y2
Margo Ruth Porter-PanfiliUpland, In Feb 9, 201218 y1
Dale Russell TeachoutBig Timber, MtJan 30, 201335 y2
Jeffrey Steven HughesBurien, WaJun 25, 201436 y2
Vincent Luke DonivanCoeur D'Alene, IdFeb 9, 201715 y2
Deborah Weis EllisCertified Financial PlannerBoise, Id Dec 14, 202315 y3
Todd William CarterBoise, Id Jul 1, 202443 y3
Scott Philbrick BowhayMoraga, Ca Jan 1, 202544 y5
Kenneth Robinson ClarkBoise, Id Apr 4, 202512 y1
Andrea Susan StiernstrandCharlottesville, Va Dec 15, 202513 y1
Margaret Hoffmaster ConnellyChartered Financial AnalystBoise, Id Dec 15, 202518 y1
Lauren Elizabeth LegendreCertified Financial PlannerPlaquemine, La Dec 18, 202520 y0
Sofia Paola Iglesias GonzalezCertified Financial PlannerSan Diego, Ca Jan 16, 202614 y0
Francois Roger BigotCertified Financial PlannerBoise, Id Feb 23, 202616 y5
Advisor movement
4 left, 5 joined in 12 months
net +1 in 12 months2 left in 90 days0 joined in 90 daysdeparture rate 29% of current headcount7 left over 36 months
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
  • D Rod Ehrlich · Principal/Cco/Membercontrol
    since 10/2011 · owns 75% or more
  • Steven Jeffrey Hughes · Member
    since 10/2015 · owns 10% to 25%
Related persons
Schedule D 7.A
  • Edward J. Panfili
    insurancen
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Boise, Id1151
Charlottesville, Va220
Glen Allen, Va0021
Rome, Ny001
Offices
Schedule D 1.F, the 25 largest
  • Bend, OR4 employees
  • La Grande, OR1 employees
  • Moraga, CA1 employees
  • , 1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • growth on all axesCombination · filing Mar 20, 2026
    RAUM, offices and advisors all grew 25 percent or more in one year: a platform in expansion or an acquisition. RAUM $427,729,824 to $787,414,298, advisors 11 to 16, private clients 623 to 874, offices 11 to 14 (2025-04-02 to 2026-03-20)
    peers: independent wealth managers, $500M to $1B (1,482)
  • RAUM up 50 %Change between filings · filing Mar 20, 2026
    RAUM (Item 5.F) moved from $427,729,824 to $787,414,298 (+84.0%) between the annual amendments of 2025-04-02 and 2026-03-20; the peer median change was +16.0% (1385 comparable advisers, 97.0th percentile of changes)
    peers: independent wealth managers, $500M to $1B (1,385) · 97% percentile
How anomalies are measured
What changed
consecutive filings, newest first
  • Accounts · 1,515 to 2,236
    Feb 20, 2026 to Mar 20, 2026
  • Advisory employees · 15 to 16
    Feb 20, 2026 to Mar 20, 2026
  • Charity clients · 4 to 7
    Feb 20, 2026 to Mar 20, 2026
  • Corporate clients · 7 to 6
    Feb 20, 2026 to Mar 20, 2026
  • HNW clients · 125 to 235
    Feb 20, 2026 to Mar 20, 2026
  • Individual clients · 498 to 639
    Feb 20, 2026 to Mar 20, 2026
  • Assets in custody · $116M to $183M
    Feb 20, 2026 to Mar 20, 2026
  • Employees · 22 to 18
    Feb 20, 2026 to Mar 20, 2026
  • State-registered IARs · 15 to 16
    Feb 20, 2026 to Mar 20, 2026
  • Discretionary RAUM · $428M to $787M
    Feb 20, 2026 to Mar 20, 2026
  • HNW RAUM · $284M to $572M
    Feb 20, 2026 to Mar 20, 2026
  • Individual RAUM · $142M to $213M
    Feb 20, 2026 to Mar 20, 2026
  • RAUM · $428M to $787M
    Feb 20, 2026 to Mar 20, 2026
  • Advisory employees · 14 to 15
    Jan 7, 2026 to Feb 20, 2026
  • Employees · 21 to 22
    Jan 7, 2026 to Feb 20, 2026
  • State-registered IARs · 14 to 15
    Jan 7, 2026 to Feb 20, 2026
  • Advisory employees · 13 to 14
    Dec 22, 2025 to Jan 7, 2026
  • Employees · 20 to 21
    Dec 22, 2025 to Jan 7, 2026
  • State-registered IARs · 13 to 14
    Dec 22, 2025 to Jan 7, 2026
  • Other offices · 13 to 14
    Dec 22, 2025 to Jan 7, 2026
  • Other offices · 10 to 13
    Nov 14, 2025 to Dec 22, 2025
  • Advisory employees · 11 to 13
    May 13, 2025 to Nov 14, 2025
  • Employees · 13 to 20
    May 13, 2025 to Nov 14, 2025
  • Financial planning clients · 0 to 0
    May 13, 2025 to Nov 14, 2025
  • State-registered IARs · 11 to 13
    May 13, 2025 to Nov 14, 2025
  • Other offices · 11 to 10
    May 13, 2025 to Nov 14, 2025
  • Advisory employees · 10 to 11
    Jan 31, 2025 to Apr 2, 2025
  • Employees · 12 to 13
    Jan 31, 2025 to Apr 2, 2025
  • State-registered IARs · 10 to 11
    Jan 31, 2025 to Apr 2, 2025
  • Other offices · 10 to 11
    Jan 31, 2025 to Apr 2, 2025
  • Accounts · 1,060 to 1,515
    Dec 2, 2024 to Jan 31, 2025
  • Charity clients · 1 to 4
    Dec 2, 2024 to Jan 31, 2025
  • Corporate clients · 4 to 7
    Dec 2, 2024 to Jan 31, 2025
  • HNW clients · 63 to 125
    Dec 2, 2024 to Jan 31, 2025
  • Individual clients · 446 to 498
    Dec 2, 2024 to Jan 31, 2025
  • Assets in custody · $80.8M to $116M
    Dec 2, 2024 to Jan 31, 2025
  • Custody of client assets · false to true
    Dec 2, 2024 to Jan 31, 2025
  • HQ city · unset to
    Dec 2, 2024 to Jan 31, 2025
  • HQ state · unset to
    Dec 2, 2024 to Jan 31, 2025
  • Other offices · 9 to 10
    Dec 2, 2024 to Jan 31, 2025
Signals
14 dated events
  • Brian Kirby Stallcop left Investor Fan for Wealth Enhancement Advisory Services, Llc (registered 2026-05-01)
    Jul 2, 2026 · Advisor changed firm · fact
  • Maggie Sayers left Investor Fan for Tendful Wealth Planning (registered 2026-04-30)
    Jun 24, 2026 · Advisor changed firm · fact
  • Investor Fan reported RAUM $787.4M, up 84% from $427.7M (2026-02-20 to 2026-03-20)
    Mar 20, 2026 · RAUM change · derived
  • Coleman Williams Pollard left Investor Fan for Steelhead Wealth Management (registered 2026-02-02)
    Feb 2, 2026 · Advisor changed firm · fact
  • Michael S Ellis left Investor Fan for Steelhead Wealth Management (registered 2026-02-02)
    Feb 2, 2026 · Advisor changed firm · fact
  • 2 advisors left Investor Fan (Glen Allen, VA) for Steelhead Wealth Management on the same day
    Feb 2, 2026 · Team lift-out · derived
  • Ben Y Peden left Investor Fan for Focus Partners Wealth, Llc (registered 2025-04-29)
    Apr 4, 2025 · Advisor changed firm · fact
  • Erin Lea Weber left Investor Fan for Black Diamond Financial, Llc (registered 2025-04-28)
    Mar 20, 2025 · Advisor changed firm · fact
  • Investor Fan reported RAUM $427.7M, up 67% from $255.4M (2024-12-02 to 2025-01-31)
    Jan 31, 2025 · RAUM change · derived
  • Kyle Richard Hunter left Investor Fan for Hunter Investment Services Llc (registered 2024-11-01)
    Sep 21, 2024 · Advisor changed firm · fact
  • 2 advisors left Sherpa Wealth Strategies, LLC (Bend, OR) for Investor Fan on the same day
    Aug 6, 2024 · Team lift-out · derived
  • Patrick Bauzon left Investor Fan for Twin Peaks Wealth Advisors (registered 2022-12-15)
    Jan 17, 2023 · Advisor changed firm · fact
  • Brian Dat Nguyen left Investor Fan for Twin Peaks Wealth Advisors (registered 2022-12-15)
    Jan 17, 2023 · Advisor changed firm · fact
  • Investor Fan filed its initial SEC registration (Form ADV)
    Aug 11, 2017 · 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
Website
visiblewp.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
425-372-7517reportedpublic record, Form ADV, Mar 20, 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
$56.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026