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

Sandia Wealth Management, LLC

Independent wealth managerAlbuquerque, New MexicoCRD 159402SEC 801-122537websiteIAPD
Latest filing Mar 24, 2026
First filing on the tape Sep 22, 2021 · 8 filings
SEC status approved since Oct 21, 2021
RAUM
$193M
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
94%
$182M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$193M
derived; firm RAUM over IAPD count
Employees
3
1 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$193M as of Mar 24, 2026
Feb 15, 2022$151M then
HNW client RAUM$127M as of Mar 24, 2026
Feb 15, 2022$89.0M then
State-registered IARs (5.B.3)1 as of Mar 24, 2026
Feb 15, 20222 then
Employees (5.A)3 as of Mar 24, 2026
Feb 15, 20223 then
Private funds: no history
RAUM +11% over the last fiscal year+11% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 24, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$193MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
231derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.9MderivedHNW RAUM over HNW clients
Average account
$344,274derivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
3.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
0.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-0.9%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$127M65%
  • Individuals$55.3M29%
  • Pension and profit-sharing plans$5.8M3.0%
  • Corporations and businesses$5.8M3.0%
Individual clients
164reported
HNW clients
67reported
Pension plan clients
4reported
Charitable clients
n/areported
Accounts
562reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=0.94 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Peter Thomas LehrmanCertified Financial Planner, Chartered Financial AnalystAlbuquerque, NmMar 16, 201234 y4
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 headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Thomas Peter Lehrman · Managing Member/Chief Compliance Officercontrol
      since 01/2012 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 539 to 562
      Feb 18, 2025 to Mar 24, 2026
    • Corporate clients · 3 to 4
      Feb 18, 2025 to Mar 24, 2026
    • HNW clients · 54 to 67
      Feb 18, 2025 to Mar 24, 2026
    • Individual clients · 179 to 164
      Feb 18, 2025 to Mar 24, 2026
    • Pension plan clients · 3 to 4
      Feb 18, 2025 to Mar 24, 2026
    • Discretionary RAUM · $159M to $181M
      Feb 18, 2025 to Mar 24, 2026
    • HNW RAUM · $115M to $127M
      Feb 18, 2025 to Mar 24, 2026
    • Individual RAUM · $52.0M to $55.3M
      Feb 18, 2025 to Mar 24, 2026
    • Non-discretionary RAUM · $14.9M to $12.4M
      Feb 18, 2025 to Mar 24, 2026
    • Pension RAUM · $4.3M to $5.8M
      Feb 18, 2025 to Mar 24, 2026
    • RAUM · $174M to $193M
      Feb 18, 2025 to Mar 24, 2026
    • Employees · 4 to 3
      Sep 3, 2024 to Feb 18, 2025
    • Accounts · 500 to 539
      Sep 3, 2024 to Feb 18, 2025
    • Advisory employees · 2 to 1
      Sep 3, 2024 to Feb 18, 2025
    • Corporate clients · 5 to 3
      Sep 3, 2024 to Feb 18, 2025
    • HNW clients · 46 to 54
      Sep 3, 2024 to Feb 18, 2025
    • Individual clients · 193 to 179
      Sep 3, 2024 to Feb 18, 2025
    • Pension plan clients · 8 to 3
      Sep 3, 2024 to Feb 18, 2025
    • Financial planning clients · 11-25 to 11-25
      Sep 3, 2024 to Feb 18, 2025
    • State-registered IARs · 2 to 1
      Sep 3, 2024 to Feb 18, 2025
    • Discretionary RAUM · $147M to $159M
      Sep 3, 2024 to Feb 18, 2025
    • HNW RAUM · $91.1M to $115M
      Sep 3, 2024 to Feb 18, 2025
    • Individual RAUM · $59.1M to $52.0M
      Sep 3, 2024 to Feb 18, 2025
    • Non-discretionary RAUM · $15.6M to $14.9M
      Sep 3, 2024 to Feb 18, 2025
    • Pension RAUM · $9.3M to $4.3M
      Sep 3, 2024 to Feb 18, 2025
    • RAUM · $162M to $174M
      Sep 3, 2024 to Feb 18, 2025
    • Accounts · 538 to 500
      Mar 1, 2023 to Mar 14, 2024
    • HNW clients · 40 to 46
      Mar 1, 2023 to Mar 14, 2024
    • Individual clients · 190 to 193
      Mar 1, 2023 to Mar 14, 2024
    • Discretionary RAUM · $128M to $147M
      Mar 1, 2023 to Mar 14, 2024
    • HNW RAUM · $75.6M to $91.1M
      Mar 1, 2023 to Mar 14, 2024
    • Individual RAUM · $56.1M to $59.1M
      Mar 1, 2023 to Mar 14, 2024
    • Non-discretionary RAUM · $12.5M to $15.6M
      Mar 1, 2023 to Mar 14, 2024
    • Pension RAUM · $7.6M to $9.3M
      Mar 1, 2023 to Mar 14, 2024
    • RAUM · $141M to $162M
      Mar 1, 2023 to Mar 14, 2024
    • Accounts · 566 to 538
      Feb 15, 2022 to Mar 1, 2023
    • Corporate clients · 2 to 5
      Feb 15, 2022 to Mar 1, 2023
    • HNW clients · 43 to 40
      Feb 15, 2022 to Mar 1, 2023
    • Individual clients · 180 to 190
      Feb 15, 2022 to Mar 1, 2023
    • Pension plan clients · 7 to 8
      Feb 15, 2022 to Mar 1, 2023
    Signals
    1 dated events
    • Sandia Wealth Management, Llc filed its initial SEC registration (Form ADV)
      Sep 22, 2021 · 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 phone
    505-296-1100reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    SANDIAWEALTH.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    505-296-1100reportedpublic record, Form ADV, Mar 24, 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
    $193Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026