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•••••••• C••••••• L••

Independent wealth managerFort Worth, TexasCRD 166154SEC 801-133815websiteIAPD
Latest filing Apr 29, 2026
First filing on the tape Jul 8, 2025 · 4 filings
SEC status approved since Jul 8, 2025
RAUM
$149M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$149M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$37.4M
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
4 filings and snapshots on the tape
RAUM$149M as of Apr 29, 2026
Jul 8, 2025$112M then
HNW client RAUM$115M as of Apr 29, 2026
Jul 8, 2025$76.7M then
State-registered IARs (5.B.3)4 as of Apr 29, 2026
Jul 8, 20253 then
Employees (5.A)5 as of Apr 29, 2026
Jul 8, 20254 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Apr 29, 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
  • 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
$37.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
58derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.8MderivedHNW RAUM over HNW clients
Average account
$291,986derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisers, otherreportedItem 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$115M77%
  • Individuals$34.9M23%
Individual clients
169reported
HNW clients
63reported
Pension plan clients
5reported
Charitable clients
0reported
Accounts
512reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
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
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M••• A••••• B••••Fort Worth, TxFeb 19, 201315 y2
T•••••• O•••• H••••••Fort Worth, TxAug 30, 201919 y2
C•••• F• S••••Fort Worth, TxAug 30, 201919 y3
B•••• F••• M•••••Fort Worth, TxOct 10, 202513 y1
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
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••••• M•••• A••••• · Managing Member & Ccocontrol
      since 12/2012 · owns 25% to 50%
    • H••••••• T••••••• O•••• · Ownercontrol
      since 01/2022 · owns 25% to 50%
    • S••••• C••••• F• · Ownercontrol
      since 01/2020 · owns 25% to 50%
    • A•••••••• K•••• · Member
      since 01/2022 · owns 5% to 10%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Fort Worth, Tx · principal410
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Pension plan clients · 0 to 5
      Mar 2, 2026 to Apr 29, 2026
    • Accounts · 364 to 512
      Oct 20, 2025 to Mar 2, 2026
    • HNW clients · 38 to 63
      Oct 20, 2025 to Mar 2, 2026
    • Individual clients · 136 to 169
      Oct 20, 2025 to Mar 2, 2026
    • Pension plan clients · 5 to 0
      Oct 20, 2025 to Mar 2, 2026
    • Discretionary RAUM · $112M to $149M
      Oct 20, 2025 to Mar 2, 2026
    • HNW RAUM · $76.7M to $115M
      Oct 20, 2025 to Mar 2, 2026
    • Individual RAUM · $34.9M to $34.9M
      Oct 20, 2025 to Mar 2, 2026
    • RAUM · $112M to $149M
      Oct 20, 2025 to Mar 2, 2026
    • Advisory employees · 3 to 4
      Jul 8, 2025 to Oct 20, 2025
    • Employees · 4 to 5
      Jul 8, 2025 to Oct 20, 2025
    • State-registered IARs · 3 to 4
      Jul 8, 2025 to Oct 20, 2025
    Signals
    1 dated events
    • A•••••• S•••• H•••• left P•••••••• C••••••• L•• for Savvy (registered 2024-02-02)
      Feb 1, 2023 · Advisor changed firm · 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
    817-416-8680reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    linkedin.com/company/purewater-capital-llcreportedpublic record, Form ADV, Sep 18, 2026
    Website
    P••••••••CAPITAL.COMreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    (817) 416-8680reportedpublic record, Form ADV, Apr 29, 2026
    Team page
    p•••••••••.comreportedpublished by the firm, firm site, Sep 16, 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
    $37.4Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026