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

S••••• H••• F•••••••• P•••••••• L••

Independent wealth managerSebring, FloridaCRD 163454SEC 801-113533websiteIAPD
Latest filing Apr 22, 2026
First filing on the tape Jun 3, 2018 · 38 filings
SEC status approved since Jul 5, 2018
RAUM
$128M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$127M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$42.7M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
38 filings and snapshots on the tape
RAUM$128M as of Apr 22, 2026
Mar 31, 2019$121M then
HNW client RAUM$52.0M as of Apr 22, 2026
Mar 31, 2019$26.0M then
State-registered IARs (5.B.3)3 as of Apr 22, 2026
Mar 31, 20195 then
Employees (5.A)5 as of Apr 22, 2026
Mar 31, 20195 then
Private funds: no history
RAUM -65% over the last fiscal year-19% a year over threeIARs 5 to 3
Practice profile
derived from the filing of Apr 22, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$42.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
162derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.1MderivedHNW RAUM over HNW clients
Average account
$178,522derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-65%derivedbetween the last two annual amendments
Advisor growth, one year
-40%derivedItem 5.B.3 between annual amendments
Client growth, one year
-56%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisers, publicationsreportedItem 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
  • Individuals$74.6M58%
  • High-net-worth individuals$52.0M41%
  • Charitable organizations$685,0000.5%
  • Corporations and businesses$595,0000.5%
  • Pension and profit-sharing plans$145,0000.1%
Individual clients
439reported
HNW clients
46reported
Pension plan clients
2reported
Charitable clients
1reported
Accounts
717reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J••• W•••••• S•••••Sebring, FlOct 22, 201229 y3
G••••• D•••• L•••••Sebring, FlOct 22, 201223 y4
P•••••• W•••• S••••••Sebring, FlJun 14, 202428 y1
Advisor movement
0 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • F••••• M••••••• D••••• · Ownercontrol
    since 04/2010 · owns 75% or more of F•••• G•••••• L••
  • L•••••• G•••••• D•••• · Ownercontrol
    since 10/2015 · owns 75% or more of L••••• C••••••• I•••
  • S•••••• J•••• W•••••• · Ownercontrol
    since 05/2018 · owns 75% or more of J••• 3••• L••
  • S•••••• L••••• M•••••• · Chief Compliance Officer
    since 08/2024 · owns less than 5%
Entity owners
  • F•••• G•••••• L•• · Owner
    direct · owns 50% to 75%
  • J••• 3••• L•• · Owner
    direct · owns 10% to 25%
  • L••••• C••••••• I••• · Owner
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
  • H•••••••• T•• A•• A••••••••• L••
    insurancen
  • P••••••• F••••••••
    insurancen
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Sebring, Fl · principal300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
5 against comparable advisers; where to look, not conclusions
  • client count collapseChange between filings · filing Apr 22, 2026
    individual and HNW clients (Item 5.D) moved from 1,103.0 to 485.0 (-56.0%) between the annual amendments of 2025-03-28 and 2026-04-22; the peer median change was +3.0% (3309 comparable advisers, 1.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,309) · 1.2% percentile
  • account count collapseChange between filings · filing Apr 22, 2026
    accounts (Item 5.F.2.f) moved from 1,119.0 to 717.0 (-36.0%) between the annual amendments of 2025-03-28 and 2026-04-22; the peer median change was +5.0% (3686 comparable advisers, 4.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,686) · 4.5% percentile
  • employee count dropChange between filings · filing Apr 22, 2026
    employees (Item 5.A) moved from 10.0 to 5.0 (-50.0%) between the annual amendments of 2025-03-28 and 2026-04-22; the peer median change was 0.0% (506 comparable advisers, 2.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (506) · 2.4% percentile
  • advisor count dropChange between filings · filing Apr 22, 2026
    advisory representatives (Item 5.B.3) moved from 5.0 to 3.0 (-40.0%) between the annual amendments of 2025-03-28 and 2026-04-22; the peer median change was 0.0% (965 comparable advisers, 3.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (965) · 2.6% percentile
  • RAUM down 50 %Change between filings · filing Apr 22, 2026
    RAUM (Item 5.F) moved from $364,118,989 to $128,000,000 (-65.0%) between the annual amendments of 2025-03-28 and 2026-04-22; the peer median change was +15.0% (4549 comparable advisers, 0.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (4,549) · 0.2% percentile
What changed
consecutive filings, newest first
  • Accounts · 1,119 to 717
    Mar 28, 2025 to Feb 20, 2026
  • Advisory employees · 5 to 3
    Mar 28, 2025 to Feb 20, 2026
  • Charity clients · 5 to 1
    Mar 28, 2025 to Feb 20, 2026
  • Corporate clients · 9 to 5
    Mar 28, 2025 to Feb 20, 2026
  • HNW clients · 78 to 46
    Mar 28, 2025 to Feb 20, 2026
  • Individual clients · 1,025 to 439
    Mar 28, 2025 to Feb 20, 2026
  • Pooled vehicle clients · unset to 0.0
    Mar 28, 2025 to Feb 20, 2026
  • Employees · 10 to 5
    Mar 28, 2025 to Feb 20, 2026
  • State-registered IARs · 5 to 3
    Mar 28, 2025 to Feb 20, 2026
  • Discretionary RAUM · $364M to $128M
    Mar 28, 2025 to Feb 20, 2026
  • HNW RAUM · $121M to $52.0M
    Mar 28, 2025 to Feb 20, 2026
  • Individual RAUM · $231M to $74.6M
    Mar 28, 2025 to Feb 20, 2026
  • Pension RAUM · $149,099 to $145,000
    Mar 28, 2025 to Feb 20, 2026
  • Pooled vehicle RAUM · unset to 0.0
    Mar 28, 2025 to Feb 20, 2026
  • RAUM · $364M to $128M
    Mar 28, 2025 to Feb 20, 2026
  • Accounts · 1,492 to 1,119
    Oct 1, 2024 to Mar 28, 2025
  • Advisory activities · 4 to 5
    Oct 1, 2024 to Mar 28, 2025
  • Corporate clients · 10 to 9
    Oct 1, 2024 to Mar 28, 2025
  • HNW clients · 83 to 78
    Oct 1, 2024 to Mar 28, 2025
  • Individual clients · 655 to 1,025
    Oct 1, 2024 to Mar 28, 2025
  • Pension plan clients · unset to 2.0
    Oct 1, 2024 to Mar 28, 2025
  • Employees · 9 to 10
    Oct 1, 2024 to Mar 28, 2025
  • Financial planning clients · 51-100 to 51-100
    Oct 1, 2024 to Mar 28, 2025
  • Discretionary RAUM · $284M to $364M
    Oct 1, 2024 to Mar 28, 2025
  • HNW RAUM · $100M to $121M
    Oct 1, 2024 to Mar 28, 2025
  • Individual RAUM · $171M to $231M
    Oct 1, 2024 to Mar 28, 2025
  • Pension RAUM · unset to 149099.0
    Oct 1, 2024 to Mar 28, 2025
  • RAUM · $284M to $364M
    Oct 1, 2024 to Mar 28, 2025
  • Accounts · 1,321 to 1,492
    Dec 14, 2023 to Mar 25, 2024
  • Corporate clients · 5 to 10
    Dec 14, 2023 to Mar 25, 2024
  • HNW clients · 42 to 83
    Dec 14, 2023 to Mar 25, 2024
  • Individual clients · 616 to 655
    Dec 14, 2023 to Mar 25, 2024
  • Financial planning clients · 251-500 to 51-100
    Dec 14, 2023 to Mar 25, 2024
  • Discretionary RAUM · $243M to $284M
    Dec 14, 2023 to Mar 25, 2024
  • HNW RAUM · $73.6M to $100M
    Dec 14, 2023 to Mar 25, 2024
  • Individual RAUM · $154M to $171M
    Dec 14, 2023 to Mar 25, 2024
  • RAUM · $243M to $284M
    Dec 14, 2023 to Mar 25, 2024
  • Accounts · 1,186 to 1,321
    Dec 22, 2022 to Mar 30, 2023
  • Charity clients · unset to 5.0
    Dec 22, 2022 to Mar 30, 2023
  • Corporate clients · unset to 5.0
    Dec 22, 2022 to Mar 30, 2023
Signals
8 dated events
  • S••••• H••• F•••••••• P•••••••• L•• reported RAUM $128.0M, down 65% from $364.1M (2025-03-28 to 2026-02-20)
    Feb 20, 2026 · RAUM change · derived
  • M•••••• D••••• F•••• left S••••• H••• F•••••••• P•••••••• L•• for M•••• F•••••••• A••••••• (registered 2025-08-19)
    Aug 14, 2025 · Advisor changed firm · fact
  • M•••••• L•••• W••••• left S••••• H••• F•••••••• P•••••••• L•• for S••• R••••••••• S••••••••• (registered 2024-07-18)
    Dec 31, 2024 · Advisor changed firm · fact
  • Lee Bobbie Cosgrove (Chief Compliance Officer) no longer on Schedule A of S••••• H••• F•••••••• P•••••••• L•• (listed 2024-03-25, absent 2024-05-31)
    May 31, 2024 · Control person left · inference
  • Lee Bobbie Cosgrove (Chief Compliance Officer) appeared on Schedule A of S••••• H••• F•••••••• P•••••••• L••
    Mar 25, 2024 · Control person joined · fact
  • S••••• • L••••• W••••• S•••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Mar 30, 2021 · Succession (Item 4) · fact
  • Donald Michael Fitch (Chief Compliance Officer) appeared on Schedule A of S••••• H••• F•••••••• P•••••••• L••
    Oct 10, 2019 · Control person joined · fact
  • S••••• • L••••• W••••• S•••••••• L•• filed its initial SEC registration (Form ADV)
    Jun 3, 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 phone
863-385-1101reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
863-385-1646reportedpublished by the firm, firm site, Sep 16, 2026
Website
swaineandleidel.comreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
863-385-1101reportedpublic record, Form ADV, Apr 22, 2026
Contact form
swaineandleidel.com/contact-usreportedpublished by the firm, firm site, Sep 16, 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
$42.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026