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

M••••• A•••••••

Independent wealth managerHouston, TexasCRD 164913SEC 801-99369websiteIAPD
Legal name M••••• A••••••• L••
Latest filing Jul 24, 2026
First filing on the tape May 29, 2015 · 22 filings
SEC status approved since Jun 10, 2015
RAUM
$581M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
97%
$561M individuals and HNW
Advisors
22
registered through the firm on IAPD
RAUM per advisor
$26.4M
derived; firm RAUM over IAPD count
Employees
27
16 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$581M as of Jul 24, 2026
Feb 26, 2016$117M then
HNW client RAUM$560M as of Jul 24, 2026
Mar 29, 2018$233M then
State-registered IARs (5.B.3)23 as of Jul 24, 2026
Feb 26, 20166 then
Employees (5.A)27 as of Jul 24, 2026
Feb 26, 20167 then
Private funds: no history
RAUM +16% over the last fiscal year+18% a year over threeIARs 16 to 23
Practice profile
derived from the filing of Jul 24, 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
$26.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
3derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$8.6MderivedHNW RAUM over HNW clients
Average account
$2.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
3.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
22.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+44%derivedItem 5.B.3 between annual amendments
Client growth, one year
+18%derived
Compensation
fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$106M, 84 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$560M97%
  • Charitable organizations$19.1M3.3%
  • Individuals$1.2M0.2%
Individual clients
7reported
HNW clients
65reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
275reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$106M for 84 clientsreported
Compensation
fixedreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
22 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
C•••• S••••• K•••••Certified Financial PlannerHouston, TxSep 27, 201221 y4
B•••••• R••• H••••Houston, TxSep 28, 201221 y7
J•• L•• G•••••••Certified Financial PlannerHouston, TxOct 12, 201244 y5
L•••• H••••Certified Financial PlannerHouston, TxFeb 20, 201414 y0
R••• L••••••• G•••••••••Chartered Financial AnalystHouston, TxJun 17, 202212 y1
K••••• V••••• D•••••••••Certified Financial PlannerHouston, TxNov 28, 202212 y0
J•• M•••••• S•••••••Certified Financial PlannerHouston, TxJun 13, 202319 y3
A•• C••••••• T••••••••Houston, TxJun 29, 202312 y1
A•••• E••••• H•••Certified Financial PlannerHouston, TxJul 3, 202311 y0
E••• A•••••• H••••••••Certified Financial PlannerHouston, TxApr 25, 202412 y1
R•••••• E••• M••••Houston, TxAug 1, 202414 y0
K•••••• N••••• H•••••••••Certified Financial PlannerHouston, TxOct 1, 202410 y2
M•••• L•••••• A••••••••Houston, TxMay 16, 202510 y0
R••• W•••••• T•••••••Houston, TxJun 23, 202510 y0
N••••••• D•••• P•••••Houston, TxJun 25, 202511 y1
J••• L••• N•••••Houston, TxJul 21, 202511 y0
A•••• H••••• M••••••••Houston, TxAug 16, 202510 y0
M•••••• D••Chartered Financial AnalystHouston, TxSep 10, 202520 y1
A•••• P••••Houston, TxJun 8, 202612 y0
G•••••• M••••••Houston, TxJun 22, 202610 y0
H•••• V••••• M••••Houston, TxJul 30, 202612 y0
N••••• F••••••Houston, TxAug 1, 202610 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 headcount2 left over 36 months
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • H••••• B••••••• R••• · Partnercontrol
    since 06/2012 · owns less than 5%
  • K•••••• C••••• S••••• · Partner And Chief Compliance Officercontrol
    since 06/2012 · owns less than 5%
  • H••••• B••••••• R••• · Partnercontrol
    since 06/2012 · owns 75% or more of A••••••• H•••••••
  • K•••••• C••••• S••••• · Partnercontrol
    since 06/2012 · owns 25% to 50% of M••••• W••••• P•••••••• L••
Entity owners
  • M••••• W••••• P•••••••• L•• · Managing Member
    direct · owns 75% or more
  • A••••••• H••••••• · Owner
    indirect · owns 25% to 50% of M••••• W••••• P•••••••• L••
Related persons
Schedule D 7.A
  • M••••• I•••••••• A••••• L••
    real estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Houston, Tx · principal2240
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Other offices · 1 to 0
    Apr 2, 2026 to Jul 24, 2026
  • Accounts · 214 to 275
    Jun 26, 2025 to Mar 31, 2026
  • HNW clients · 57 to 65
    Jun 26, 2025 to Mar 31, 2026
  • Individual clients · 4 to 7
    Jun 26, 2025 to Mar 31, 2026
  • Assets in custody · $142M to $106M
    Jun 26, 2025 to Mar 31, 2026
  • Employees · 20 to 27
    Jun 26, 2025 to Mar 31, 2026
  • Financial planning clients · 26-50 to 51-100
    Jun 26, 2025 to Mar 31, 2026
  • State-registered IARs · 16 to 23
    Jun 26, 2025 to Mar 31, 2026
  • Discretionary RAUM · $491M to $571M
    Jun 26, 2025 to Mar 31, 2026
  • HNW RAUM · $480M to $560M
    Jun 26, 2025 to Mar 31, 2026
  • Individual RAUM · $961,501 to $1.2M
    Jun 26, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $8.5M to $9.6M
    Jun 26, 2025 to Mar 31, 2026
  • RAUM · $499M to $581M
    Jun 26, 2025 to Mar 31, 2026
  • Financial planning clients · 26-50 to 26-50
    Apr 2, 2025 to Jun 26, 2025
  • Other offices · 0 to 1
    Apr 2, 2025 to Jun 26, 2025
  • Accounts · 150 to 214
    Mar 29, 2024 to Apr 2, 2025
  • Advisory employees · 14 to 16
    Mar 29, 2024 to Apr 2, 2025
  • HNW clients · 40 to 57
    Mar 29, 2024 to Apr 2, 2025
  • Individual clients · 10 to 4
    Mar 29, 2024 to Apr 2, 2025
  • Assets in custody · $121M to $142M
    Mar 29, 2024 to Apr 2, 2025
  • Employees · 17 to 20
    Mar 29, 2024 to Apr 2, 2025
  • State-registered IARs · 14 to 16
    Mar 29, 2024 to Apr 2, 2025
  • Discretionary RAUM · $323M to $491M
    Mar 29, 2024 to Apr 2, 2025
  • HNW RAUM · $299M to $480M
    Mar 29, 2024 to Apr 2, 2025
  • Individual RAUM · $2.7M to $961,501
    Mar 29, 2024 to Apr 2, 2025
  • Non-discretionary RAUM · $2.6M to $8.5M
    Mar 29, 2024 to Apr 2, 2025
  • RAUM · $326M to $499M
    Mar 29, 2024 to Apr 2, 2025
  • Accounts · 161 to 150
    Aug 8, 2023 to Mar 29, 2024
  • Advisory employees · 7 to 14
    Aug 8, 2023 to Mar 29, 2024
  • HNW clients · 30 to 40
    Aug 8, 2023 to Mar 29, 2024
  • Assets in custody · $106M to $121M
    Aug 8, 2023 to Mar 29, 2024
  • Employees · 14 to 17
    Aug 8, 2023 to Mar 29, 2024
  • Financial planning clients · 51-100 to 26-50
    Aug 8, 2023 to Mar 29, 2024
  • State-registered IARs · 10 to 14
    Aug 8, 2023 to Mar 29, 2024
  • Discretionary RAUM · $334M to $323M
    Aug 8, 2023 to Mar 29, 2024
  • HNW RAUM · $340M to $299M
    Aug 8, 2023 to Mar 29, 2024
  • Individual RAUM · $3.5M to $2.7M
    Aug 8, 2023 to Mar 29, 2024
  • Non-discretionary RAUM · $18.7M to $2.6M
    Aug 8, 2023 to Mar 29, 2024
  • RAUM · $353M to $326M
    Aug 8, 2023 to Mar 29, 2024
  • Accounts · 169 to 161
    Mar 9, 2022 to Mar 27, 2023
Signals
6 dated events
  • M••••• A••••••• reported RAUM $499.4M, up 53% from $325.6M (2024-03-29 to 2025-04-02)
    Apr 2, 2025 · RAUM change · derived
  • G•••••••• M•••• Z••••• left M••••• A••••••• for K••••• A••••••• S•••••••• L•• (registered 2025-06-16)
    Oct 8, 2024 · Advisor changed firm · fact
  • M••••• Y••••• M••••• left M••••• A••••••• for P••• O•• P•••••• W••••• A••••••• (registered 2024-04-04)
    Mar 29, 2024 · Advisor changed firm · fact
  • Lee Jay Goldberg (Managing Partner) no longer on Schedule A of M••••• A••••••• (listed 2023-04-28, absent 2023-08-08)
    Aug 8, 2023 · Control person left · inference
  • E••• L•• P•••• left M••••• A••••••• for R•• R•••••••• L•• (registered 2023-06-30)
    May 12, 2023 · Advisor changed firm · fact
  • M••••• A••••••• L•• filed its initial SEC registration (Form ADV)
    May 29, 2015 · 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
713-980-4100reportedpublished by the firm, firm site, Sep 16, 2026
Website
M•••••ADVISORS.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
713-980-4100reportedpublic record, Form ADV, Jul 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
$26.4Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026