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

N•• V••••• W••••• M••••••••• L••

Independent wealth managerHighland Park, IllinoisCRD 164775SEC 801-77619websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Jan 30, 2013 · 22 filings
SEC status approved since Jan 1, 2013
RAUM
$781M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$781M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$781M
derived; firm RAUM over IAPD count
Employees
8
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$781M as of Mar 31, 2026
Mar 31, 2014$431M then
HNW client RAUM$747M as of Mar 31, 2026
Mar 23, 2018$357M then
State-registered IARs (5.B.3)1 as of Mar 31, 2026
Mar 31, 20142 then
Employees (5.A)8 as of Mar 31, 2026
Mar 31, 201411 then
Private funds: no history
RAUM +24% over the last fiscal year+22% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 31, 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
$781MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
187derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$7.7MderivedHNW RAUM over HNW clients
Average account
$1.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
8.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 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
+3.3%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
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$747M96%
  • Individuals$33.9M4.3%
Individual clients
90reported
HNW clients
97reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
443reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=6.0 bank_owner=falsederived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D••••• M••• S••••••Highland Park, IlMar 27, 201337 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
  • J•••• G•••• A••• · Chief Financial Officer, Chief Compliance Officercontrol
    since 01/2013 · owns less than 5%
  • S••••••• D•••••• M••• · Member, Manager, Trustee Of D••••• S•••••• G••• T••••control
    since 01/2013 · owns 10% to 25%
  • S••••••• S•••••• A••••• · Member, Manager, Chief Investment Officer, Trustee S••••• S•••••• G••• T••••control
    since 01/2013 · owns 10% to 25%
  • Z••••••• A•••••• R•••• · Member, Manager, Chairman Of Boardcontrol
    since 11/2020 · owns less than 5%
  • Z••••••• M••••••• R•••• · Member, Managercontrol
    since 01/2013 · owns 25% to 50%
  • Z••••••• A•••••• R•••• · Membercontrol
    since 01/2013 · owns 25% to 50% of N• C•••••• H••••••• I•• L••
Entity owners
  • D••••• S•••••• G••• T•••• · Member - Trustee Is A Control Person
    direct · owns 10% to 25%
  • N• C•••••• H••••••• I•• L•• · Member
    direct · owns 25% to 50%
  • S••••• S•••••• G••• T•••• · Member - Trustee Is A Control Person
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
Advisers that list N•• V••••• W••••• M••••••••• L•• as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • HNW share shiftChange between filings · filing Mar 31, 2026
    HNW share of RAUM moved from 5.0% to 96.0% between the annual amendments of 2025-03-31 and 2026-03-31
    peers: independent wealth managers, $500M to $1B (1,482)
What changed
consecutive filings, newest first
  • Accounts · 416 to 443
    Mar 31, 2025 to Mar 31, 2026
  • HNW clients · 89 to 97
    Mar 31, 2025 to Mar 31, 2026
  • Individual clients · 92 to 90
    Mar 31, 2025 to Mar 31, 2026
  • Discretionary RAUM · $628M to $781M
    Mar 31, 2025 to Mar 31, 2026
  • HNW RAUM · $28.4M to $747M
    Mar 31, 2025 to Mar 31, 2026
  • Individual RAUM · $599M to $33.9M
    Mar 31, 2025 to Mar 31, 2026
  • RAUM · $628M to $781M
    Mar 31, 2025 to Mar 31, 2026
  • Accounts · 404 to 416
    Mar 28, 2024 to Mar 31, 2025
  • HNW clients · 76 to 89
    Mar 28, 2024 to Mar 31, 2025
  • Individual clients · 96 to 92
    Mar 28, 2024 to Mar 31, 2025
  • Financial planning clients · unset to
    Mar 28, 2024 to Mar 31, 2025
  • Discretionary RAUM · $552M to $628M
    Mar 28, 2024 to Mar 31, 2025
  • HNW RAUM · $519M to $28.4M
    Mar 28, 2024 to Mar 31, 2025
  • Individual RAUM · $32.9M to $599M
    Mar 28, 2024 to Mar 31, 2025
  • RAUM · $552M to $628M
    Mar 28, 2024 to Mar 31, 2025
  • Accounts · 393 to 404
    Mar 31, 2023 to Mar 28, 2024
  • Advisory employees · 6 to 5
    Mar 31, 2023 to Mar 28, 2024
  • Employees · 10 to 8
    Mar 31, 2023 to Mar 28, 2024
  • Discretionary RAUM · $431M to $552M
    Mar 31, 2023 to Mar 28, 2024
  • HNW RAUM · $399M to $519M
    Mar 31, 2023 to Mar 28, 2024
  • Individual RAUM · $31.5M to $32.9M
    Mar 31, 2023 to Mar 28, 2024
  • RAUM · $431M to $552M
    Mar 31, 2023 to Mar 28, 2024
  • Accounts · 398 to 393
    Mar 30, 2022 to Mar 31, 2023
  • HNW clients · 79 to 76
    Mar 30, 2022 to Mar 31, 2023
  • Individual clients · 99 to 96
    Mar 30, 2022 to Mar 31, 2023
  • Employees · 11 to 10
    Mar 30, 2022 to Mar 31, 2023
  • State-registered IARs · 2 to 1
    Mar 30, 2022 to Mar 31, 2023
  • Discretionary RAUM · $489M to $431M
    Mar 30, 2022 to Mar 31, 2023
  • HNW RAUM · $457M to $399M
    Mar 30, 2022 to Mar 31, 2023
  • Individual RAUM · $31.4M to $31.5M
    Mar 30, 2022 to Mar 31, 2023
  • RAUM · $489M to $431M
    Mar 30, 2022 to Mar 31, 2023
  • Accounts · 388 to 398
    Mar 30, 2021 to Mar 30, 2022
  • Advisory employees · 5 to 6
    Mar 30, 2021 to Mar 30, 2022
  • HNW clients · 77 to 79
    Mar 30, 2021 to Mar 30, 2022
  • Individual clients · 98 to 99
    Mar 30, 2021 to Mar 30, 2022
  • Discretionary RAUM · $439M to $489M
    Mar 30, 2021 to Mar 30, 2022
  • HNW RAUM · $406M to $457M
    Mar 30, 2021 to Mar 30, 2022
  • Individual RAUM · $32.9M to $31.4M
    Mar 30, 2021 to Mar 30, 2022
  • RAUM · $439M to $489M
    Mar 30, 2021 to Mar 30, 2022
  • Accounts · 409 to 388
    Jun 30, 2020 to Mar 30, 2021
Signals
3 dated events
  • N•• V••••• W••••• M••••••••• L•• reported RAUM $551.9M, up 28% from $430.8M (2023-03-31 to 2024-03-28)
    Mar 28, 2024 · RAUM change · derived
  • N•• V••••• W••••• M••••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Jan 30, 2013 · Succession (Item 4) · fact
  • N•• V••••• W••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
    Jan 30, 2013 · 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
847-926-5700reportedpublished by the firm, firm site, Sep 17, 2026
Website
NEWV•••••WEALTH.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
847-926-5700reportedpublic record, Form ADV, Mar 31, 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
$781Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026