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

P•••••• I••••••••• A••••••• L••

Independent wealth managerCRD 163994SEC 801-129979websiteIAPD
Legal name P••• L••
Latest filing Jul 23, 2026
First filing on the tape Mar 25, 2024 · 9 filings
SEC status approved since Apr 25, 2024
RAUM
$161M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
94%
$152M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$80.7M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$161M as of Jul 23, 2026
Feb 13, 2025$121M then
HNW client RAUM$148M as of Jul 23, 2026
Feb 13, 2025$101M then
State-registered IARs (5.B.3)2 as of Jul 23, 2026
Feb 13, 20251 then
Employees (5.A)2 as of Jul 23, 2026
Feb 13, 20251 then
Private funds: no history
RAUM +24% over the last fiscal yearIARs 1 to 2offices 0 to 1
Practice profile
derived from the filing of Jul 23, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
RAUM per advisor
$80.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
40derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$568,514derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+24%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.6%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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$148M91%
  • Corporations and businesses$9.0M5.6%
  • Individuals$4.5M2.8%
  • Charitable organizations$335,3270.2%
Individual clients
19reported
HNW clients
61reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
284reported
Financial planning clients
0reported
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=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
P•••••• D••••••••• S••••Las Vegas, NvJan 5, 201328 y3
R•••• T•••Las Vegas, Nv Jul 7, 202613 y0
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • S••••• P••••••• D••••••••• · President And Chief Compliance Officercontrol
    since 04/2012 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Las Vegas, Nv210
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Advisory employees · 1 to 2
    May 4, 2026 to Jul 23, 2026
  • Employees · 1 to 2
    May 4, 2026 to Jul 23, 2026
  • State-registered IARs · 1 to 2
    May 4, 2026 to Jul 23, 2026
  • Other offices · 0 to 1
    May 4, 2026 to Jul 23, 2026
  • Accounts · 275 to 284
    Jul 17, 2025 to Mar 18, 2026
  • Corporate clients · unset to 5.0
    Jul 17, 2025 to Mar 18, 2026
  • HNW clients · 58 to 61
    Jul 17, 2025 to Mar 18, 2026
  • Individual clients · 20 to 19
    Jul 17, 2025 to Mar 18, 2026
  • Pension plan clients · 8.0 to unset
    Jul 17, 2025 to Mar 18, 2026
  • Discretionary RAUM · $130M to $161M
    Jul 17, 2025 to Mar 18, 2026
  • HNW RAUM · $114M to $148M
    Jul 17, 2025 to Mar 18, 2026
  • Individual RAUM · $3.6M to $4.5M
    Jul 17, 2025 to Mar 18, 2026
  • Pension RAUM · 12963964.0 to unset
    Jul 17, 2025 to Mar 18, 2026
  • RAUM · $130M to $161M
    Jul 17, 2025 to Mar 18, 2026
  • Succession · true to false
    Jul 17, 2025 to Mar 18, 2026
  • Financial planning clients · 0 to 0
    Mar 21, 2025 to Jul 17, 2025
  • Legal name · P•••••• I••••••••• A••••••• L•• to P••• L••
    Mar 21, 2025 to Jul 17, 2025
  • Succession · false to true
    Mar 21, 2025 to Jul 17, 2025
  • Accounts · 326 to 275
    Feb 13, 2025 to Mar 21, 2025
  • HNW clients · 64 to 58
    Feb 13, 2025 to Mar 21, 2025
  • Individual clients · 34 to 20
    Feb 13, 2025 to Mar 21, 2025
  • Pension plan clients · 6 to 8
    Feb 13, 2025 to Mar 21, 2025
  • Other offices · 1 to 0
    Feb 13, 2025 to Mar 21, 2025
  • Discretionary RAUM · $113M to $130M
    Feb 13, 2025 to Mar 21, 2025
  • HNW RAUM · $101M to $114M
    Feb 13, 2025 to Mar 21, 2025
  • Individual RAUM · $8.4M to $3.6M
    Feb 13, 2025 to Mar 21, 2025
  • Non-discretionary RAUM · $7.4M to $0
    Feb 13, 2025 to Mar 21, 2025
  • Pension RAUM · $11.6M to $13.0M
    Feb 13, 2025 to Mar 21, 2025
  • RAUM · $121M to $130M
    Feb 13, 2025 to Mar 21, 2025
  • HQ city · unset to
    Nov 13, 2024 to Feb 13, 2025
  • HQ state · unset to
    Nov 13, 2024 to Feb 13, 2025
Signals
2 dated events
  • P•••••• I••••••••• A••••••• L•• reported succeeding to the business of P•••••• I••••••••• A••••••• L•• (Form ADV Item 4)
    Jul 17, 2025 · Succession (Item 4) · fact
  • P•••••• I••••••••• A••••••• L•• filed its initial SEC registration (Form ADV)
    Mar 25, 2024 · 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
Principal office phone
(978) 273-9747reportedpublic record, Form ADV, Jul 23, 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
$80.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026