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SEC-registered adviser

B•••• F••••••••

Independent wealth managerMemphis, TennesseeCRD 164746SEC 801-123363websiteIAPD
Legal name B•••• F••••••••• L••
Latest filing Mar 30, 2026
First filing on the tape Feb 1, 2022 · 7 filings
SEC status approved since Mar 3, 2022
RAUM
$202M
reported, Item 5.F
Discretionary
93%
of RAUM
Private clients
100%
$202M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$101M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$202M as of Mar 30, 2026
Mar 24, 2023$140M then
HNW client RAUM$166M as of Mar 30, 2026
Mar 24, 2023$105M then
State-registered IARs (5.B.3)2 as of Mar 30, 2026
Mar 24, 20232 then
Employees (5.A)2 as of Mar 30, 2026
Mar 24, 20232 then
Private funds: no history
RAUM +12% over the last fiscal year+13% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 30, 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
$101MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
157derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$426,084derivedRAUM over accounts (5.F.2.f)
Discretionary
93%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-3.7%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$50.0M, 37 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
  • 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)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$166M82%
  • Individuals$36.2M18%
Individual clients
261reported
HNW clients
53reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
474reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$50.0M for 37 clientsreported
Compensation
% of AUMreported
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
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••••• T•••• C••••Chartered Financial AnalystMemphis, TnApr 12, 202214 y2
D••••• G•••• L•••Memphis, TnJul 11, 202238 y1
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
  • C••••• R•••••• T•••• · Vice Presidentcontrol
    since 01/2022 · owns less than 5%
  • L•••• D•••••• G•••• · President/Ccocontrol
    since 06/2012 · owns 50% to 75%
Entity owners
  • G••••••• C•••••• M••••••••• L•• · Member
    direct · owns 25% to 50%
Related persons
Schedule D 7.A
  • D••••• G• L•••
    insurancey
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Memphis, Tn · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 448 to 474
    Mar 30, 2025 to Mar 30, 2026
  • HNW clients · 49 to 53
    Mar 30, 2025 to Mar 30, 2026
  • Individual clients · 277 to 261
    Mar 30, 2025 to Mar 30, 2026
  • Assets in custody · $43.5M to $50.0M
    Mar 30, 2025 to Mar 30, 2026
  • Discretionary RAUM · $166M to $188M
    Mar 30, 2025 to Mar 30, 2026
  • HNW RAUM · $139M to $166M
    Mar 30, 2025 to Mar 30, 2026
  • Individual RAUM · $40.3M to $36.2M
    Mar 30, 2025 to Mar 30, 2026
  • Non-discretionary RAUM · $13.3M to $13.8M
    Mar 30, 2025 to Mar 30, 2026
  • RAUM · $180M to $202M
    Mar 30, 2025 to Mar 30, 2026
  • Accounts · 449 to 448
    Mar 28, 2024 to Mar 30, 2025
  • HNW clients · 53 to 49
    Mar 28, 2024 to Mar 30, 2025
  • Individual clients · 266 to 277
    Mar 28, 2024 to Mar 30, 2025
  • Assets in custody · $41.4M to $43.5M
    Mar 28, 2024 to Mar 30, 2025
  • Financial planning clients · 26-50 to 26-50
    Mar 28, 2024 to Mar 30, 2025
  • Discretionary RAUM · $166M to $166M
    Mar 28, 2024 to Mar 30, 2025
  • HNW RAUM · $123M to $139M
    Mar 28, 2024 to Mar 30, 2025
  • Individual RAUM · $54.3M to $40.3M
    Mar 28, 2024 to Mar 30, 2025
  • Non-discretionary RAUM · $11.3M to $13.3M
    Mar 28, 2024 to Mar 30, 2025
  • RAUM · $178M to $180M
    Mar 28, 2024 to Mar 30, 2025
  • Accounts · 497 to 449
    Mar 30, 2023 to Mar 28, 2024
  • HNW clients · 59 to 53
    Mar 30, 2023 to Mar 28, 2024
  • Individual clients · 379 to 266
    Mar 30, 2023 to Mar 28, 2024
  • Assets in custody · $32.4M to $41.4M
    Mar 30, 2023 to Mar 28, 2024
  • Discretionary RAUM · $130M to $166M
    Mar 30, 2023 to Mar 28, 2024
  • HNW RAUM · $105M to $123M
    Mar 30, 2023 to Mar 28, 2024
  • Individual RAUM · $35.0M to $54.3M
    Mar 30, 2023 to Mar 28, 2024
  • Non-discretionary RAUM · $9.9M to $11.3M
    Mar 30, 2023 to Mar 28, 2024
  • RAUM · $140M to $178M
    Mar 30, 2023 to Mar 28, 2024
  • Accounts · 368 to 497
    Jul 7, 2022 to Mar 24, 2023
  • HNW clients · 43 to 59
    Jul 7, 2022 to Mar 24, 2023
  • Individual clients · 223 to 379
    Jul 7, 2022 to Mar 24, 2023
  • Assets in custody · $28.1M to $32.4M
    Jul 7, 2022 to Mar 24, 2023
  • Discretionary RAUM · $107M to $130M
    Jul 7, 2022 to Mar 24, 2023
  • HNW RAUM · $86.9M to $105M
    Jul 7, 2022 to Mar 24, 2023
  • Individual RAUM · $31.1M to $35.0M
    Jul 7, 2022 to Mar 24, 2023
  • Non-discretionary RAUM · $10.6M to $9.9M
    Jul 7, 2022 to Mar 24, 2023
  • RAUM · $118M to $140M
    Jul 7, 2022 to Mar 24, 2023
Signals
1 dated events
  • B•••• F•••••••• filed its initial SEC registration (Form ADV)
    Feb 1, 2022 · 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
555-555-5555reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
901-237-0731reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
901-681-9037reportedpublished by the firm, firm site, Sep 16, 2026
Website
B••••FINANCIAL.COMreportedpublic record, Form ADV, Sep 21, 2026
Principal office phone
901-681-9037reportedpublic record, Form ADV, Mar 30, 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
$101Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026