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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Former SEC-registered adviser

M•••••• W••••• A•••••••

Former SEC-registered adviserOverland Park, KansasCRD 165972SEC 801-77358IAPD
Legal name M•••••• W••••• A••••••••• L••
Latest filing Mar 29, 2018
First filing on the tape Nov 7, 2012 · 14 filings
RAUM
$1.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
92%
$970M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
22
11 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$1.1B as of Mar 29, 2018
Mar 21, 2013$692M then
HNW client RAUM: $861M
State-registered IARs (5.B.3)11 as of Mar 29, 2018
Mar 21, 201311 then
Employees (5.A)22 as of Mar 29, 2018
Mar 21, 201319 then
Private funds: no history
RAUM +16% over the last fiscal year+7.3% a year over threeIARs 10 to 11
Practice profile
derived from the filing of Mar 29, 2018; every figure names its basis
RAUM per advisor
$95.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
45derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.4MderivedHNW RAUM over HNW clients
Average account
$803,419derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
6.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
2.8derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+10%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, publicationsreportedItem 5.G
Financial planning clients
500reportedItem 5.H
Custody
$397M, 154 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$861M82%
  • Individuals$109M10%
  • Charitable organizations$69.0M6.6%
  • Corporations and businesses$12.0M1.1%
Individual clients
242reported
HNW clients
253reported
Pension plan clients
n/areported
Charitable clients
14reported
Accounts
1,308reported
Financial planning clients
500reported
Wrap fee programs
noreported
Custody of client assets
$397M for 154 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
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
    • B•••••••• C••••• · Chief Strategy Officer / Chief Operating Officercontrol
      since 09/2013 · owns less than 5%
    • B•••••••• M•••••• C••••••••• · Chairmancontrol
      since 10/2012 · owns less than 5%
    • C••••••• R•••••• J• · Presidentcontrol
      since 02/2015 · owns 10% to 25%
    • D•••••••• R•••••• J••• · Chief Executive Officercontrol
      since 01/2015 · owns 5% to 10%
    • S••••• K••••••• D•••••• · Chief Investment Officercontrol
      since 01/2018 · owns less than 5%
    • B•••••••• M•••••• C••••••••• · Elected Managercontrol
      since 04/2008 · owns F of B••••••• F••••• H•••••• C••••••• L••
    • D•••••• A•••• J•••••• · Chief Compliance Officer
      since 01/2018 · owns less than 5%
    • S••••••• K••••• L•••• · Vice President Of Operations
      since 01/2016 · owns less than 5%
    Entity owners
    • M•••••• W••••• A•••••••• L•• · Managing Member
      direct · owns 50% to 75%
    • B••••••• F••••• H•••••• C••••••• L•• · Manager
      indirect · owns 75% or more of M•••••• H•••••••• L••
    • M•••••• H•••••••• L•• · Managing Member
      indirect · owns 75% or more of M•••••• W••••• A•••••••• L••
    Related persons
    Schedule D 7.A
    Advisers that list M•••••• W••••• A••••••• as a related person
    Offices
    Schedule D 1.F, the 25 largest
    • Madison, NJ11 employees
    • New York, NY2 employees
    What changed
    consecutive filings, newest first
    • Accounts · 1,197 to 1,308
      Mar 31, 2017 to Mar 29, 2018
    • Advisory employees · 13 to 11
      Mar 31, 2017 to Mar 29, 2018
    • BD registered reps · 2 to 1
      Mar 31, 2017 to Mar 29, 2018
    • Charity clients · unset to 14.0
      Mar 31, 2017 to Mar 29, 2018
    • Corporate clients · unset to 11.0
      Mar 31, 2017 to Mar 29, 2018
    • HNW clients · unset to 253.0
      Mar 31, 2017 to Mar 29, 2018
    • Individual clients · unset to 242.0
      Mar 31, 2017 to Mar 29, 2018
    • Assets in custody · $19.9M to $397M
      Mar 31, 2017 to Mar 29, 2018
    • Employees · 27 to 22
      Mar 31, 2017 to Mar 29, 2018
    • Insurance-licensed employees · 9 to 11
      Mar 31, 2017 to Mar 29, 2018
    • Financial planning clients · 251-500 to More than 500
      Mar 31, 2017 to Mar 29, 2018
    • State-registered IARs · 10 to 11
      Mar 31, 2017 to Mar 29, 2018
    • Other offices · unset to 3.0
      Mar 31, 2017 to Mar 29, 2018
    • Discretionary RAUM · $907M to $1.1B
      Mar 31, 2017 to Mar 29, 2018
    • HNW RAUM · unset to 861122529.0
      Mar 31, 2017 to Mar 29, 2018
    • Individual RAUM · unset to 108834765.0
      Mar 31, 2017 to Mar 29, 2018
    • RAUM · $907M to $1.1B
      Mar 31, 2017 to Mar 29, 2018
    • Accounts · 1,177 to 1,197
      Nov 23, 2016 to Mar 31, 2017
    • Advisory employees · 9 to 13
      Nov 23, 2016 to Mar 31, 2017
    • Advisory activities · 4 to 5
      Nov 23, 2016 to Mar 31, 2017
    • BD registered reps · 1 to 2
      Nov 23, 2016 to Mar 31, 2017
    • Assets in custody · $18.9M to $19.9M
      Nov 23, 2016 to Mar 31, 2017
    • Employees · 24 to 27
      Nov 23, 2016 to Mar 31, 2017
    • Insurance-licensed employees · 1 to 9
      Nov 23, 2016 to Mar 31, 2017
    • HQ city · LEAWOOD to OVERLAND PARK
      Nov 23, 2016 to Mar 31, 2017
    • State-registered IARs · 9 to 10
      Nov 23, 2016 to Mar 31, 2017
    • Discretionary RAUM · $866M to $907M
      Nov 23, 2016 to Mar 31, 2017
    • RAUM · $866M to $907M
      Nov 23, 2016 to Mar 31, 2017
    • Accounts · 1,065 to 1,177
      Jul 24, 2015 to Mar 29, 2016
    • Advisory employees · 10 to 9
      Jul 24, 2015 to Mar 29, 2016
    • Assets in custody · $22.1M to $18.9M
      Jul 24, 2015 to Mar 29, 2016
    • Employees · 23 to 24
      Jul 24, 2015 to Mar 29, 2016
    • Discretionary RAUM · $850M to $866M
      Jul 24, 2015 to Mar 29, 2016
    • RAUM · $850M to $866M
      Jul 24, 2015 to Mar 29, 2016
    • Business name · M•••••• W••••• A••••••••• L•• to M•••••• W••••• A•••••••
      Mar 26, 2015 to Jul 24, 2015
    • Accounts · 974 to 1,065
      Jan 9, 2015 to Mar 26, 2015
    • Advisory employees · 12 to 10
      Jan 9, 2015 to Mar 26, 2015
    • Advisory activities · 3 to 4
      Jan 9, 2015 to Mar 26, 2015
    • BD registered reps · 0 to 1
      Jan 9, 2015 to Mar 26, 2015
    • Business name · B•••••• E••••• L•• to M•••••• W••••• A••••••••• L••
      Jan 9, 2015 to Mar 26, 2015
    Signals
    1 dated events
    • B•••• L•• filed its initial SEC registration (Form ADV)
      Nov 7, 2012 · 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026