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.

SEC-registered adviser

Applied Capital LLC

Independent wealth managerLittle Rock, ArkansasCRD 166175SEC 801-115146websiteIAPD
Latest filing Mar 10, 2026
First filing on the tape Mar 29, 2019 · 20 filings
SEC status approved since Apr 26, 2019
RAUM
$358M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$358M individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$39.7M
derived; firm RAUM over IAPD count
Employees
9
8 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$358M as of Mar 10, 2026
Mar 18, 2020$192M then
HNW client RAUM$192M as of Mar 10, 2026
Mar 18, 2020$103M then
State-registered IARs (5.B.3)8 as of Mar 10, 2026
Mar 18, 20208 then
Employees (5.A)9 as of Mar 10, 2026
Mar 18, 20208 then
Private funds: no history
RAUM +22% over the last fiscal year+15% a year over threeIARs 7 to 8
Practice profile
derived from the filing of Mar 10, 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
RAUM per advisor
$39.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
76derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$162,512derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
4.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
+14%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.7%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$192M54%
  • Individuals$166M46%
Individual clients
593reported
HNW clients
94reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
2,200reported
Financial planning clients
101-250reported
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=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Bradley W. RainesLittle Rock, ArJan 4, 201319 y4
John H. HudsonLittle Rock, Ar Mar 23, 201513 y1
Timothy M. CantrellLittle Rock, Ar Mar 23, 201513 y1
Ethan Joseph SlateLittle Rock, Ar Jan 10, 202213 y0
David Matthew ClevelandLittle Rock, ArSep 22, 202210 y0
Cannon Calloway PaceNashville, Tn Dec 15, 202214 y0
Lamar RochellLittle Rock, ArSep 12, 202518 y0
Heather L BerryLittle Rock, ArDec 19, 202511 y0
Jesse Samuel JohnsonNashville, Tn Feb 18, 202611 y1
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 11% of current headcount2 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • W. Bradley Raines · Principal Financial Advisorcontrol
    since 11/2012 · owns 75% or more
  • W. Christopher Williams · Chief Compliance Officercontrol
    since 03/2021 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Little Rock, Ar · principal920
Nashville, Tn511
Offices
Schedule D 1.F, the 25 largest
  • Nashville, TN4 employees
What changed
consecutive filings, newest first
  • Accounts · 2,067 to 2,200
    Aug 25, 2025 to Feb 9, 2026
  • Advisory employees · 7 to 8
    Aug 25, 2025 to Feb 9, 2026
  • Individual clients · 562 to 593
    Aug 25, 2025 to Feb 9, 2026
  • State-registered IARs · 7 to 8
    Aug 25, 2025 to Feb 9, 2026
  • Discretionary RAUM · $293M to $358M
    Aug 25, 2025 to Feb 9, 2026
  • HNW RAUM · $174M to $192M
    Aug 25, 2025 to Feb 9, 2026
  • Individual RAUM · $119M to $166M
    Aug 25, 2025 to Feb 9, 2026
  • RAUM · $293M to $358M
    Aug 25, 2025 to Feb 9, 2026
  • Accounts · 2,255 to 2,067
    Jul 18, 2024 to Feb 26, 2025
  • HNW clients · 74 to 94
    Jul 18, 2024 to Feb 26, 2025
  • Individual clients · 647 to 562
    Jul 18, 2024 to Feb 26, 2025
  • Employees · 10 to 9
    Jul 18, 2024 to Feb 26, 2025
  • Financial planning clients · 101-250 to 101-250
    Jul 18, 2024 to Feb 26, 2025
  • Discretionary RAUM · $287M to $293M
    Jul 18, 2024 to Feb 26, 2025
  • HNW RAUM · $145M to $174M
    Jul 18, 2024 to Feb 26, 2025
  • Individual RAUM · $141M to $119M
    Jul 18, 2024 to Feb 26, 2025
  • RAUM · $287M to $293M
    Jul 18, 2024 to Feb 26, 2025
  • Accounts · 2,035 to 2,255
    Feb 16, 2023 to Feb 13, 2024
  • Advisory employees · 8 to 7
    Feb 16, 2023 to Feb 13, 2024
  • HNW clients · 58 to 74
    Feb 16, 2023 to Feb 13, 2024
  • Individual clients · 631 to 647
    Feb 16, 2023 to Feb 13, 2024
  • State-registered IARs · 8 to 7
    Feb 16, 2023 to Feb 13, 2024
  • Discretionary RAUM · $231M to $287M
    Feb 16, 2023 to Feb 13, 2024
  • HNW RAUM · $118M to $145M
    Feb 16, 2023 to Feb 13, 2024
  • Individual RAUM · $116M to $141M
    Feb 16, 2023 to Feb 13, 2024
  • Non-discretionary RAUM · $2.4M to $0
    Feb 16, 2023 to Feb 13, 2024
  • RAUM · $234M to $287M
    Feb 16, 2023 to Feb 13, 2024
  • Accounts · 2,012 to 2,035
    Nov 23, 2022 to Feb 8, 2023
  • Advisory employees · 7 to 8
    Nov 23, 2022 to Feb 8, 2023
  • HNW clients · 85 to 58
    Nov 23, 2022 to Feb 8, 2023
  • Individual clients · 636 to 631
    Nov 23, 2022 to Feb 8, 2023
  • State-registered IARs · 7 to 8
    Nov 23, 2022 to Feb 8, 2023
  • Discretionary RAUM · $232M to $231M
    Nov 23, 2022 to Feb 8, 2023
  • HNW RAUM · $112M to $118M
    Nov 23, 2022 to Feb 8, 2023
  • Individual RAUM · $123M to $116M
    Nov 23, 2022 to Feb 8, 2023
  • Non-discretionary RAUM · $3.2M to $2.4M
    Nov 23, 2022 to Feb 8, 2023
  • RAUM · $235M to $234M
    Nov 23, 2022 to Feb 8, 2023
  • Accounts · 2,190 to 2,012
    Mar 21, 2022 to Nov 23, 2022
  • Advisory employees · 8 to 7
    Mar 21, 2022 to Nov 23, 2022
  • HNW clients · 87 to 85
    Mar 21, 2022 to Nov 23, 2022
Signals
9 dated events
  • Tyler Vaughn Baskin left Applied Capital Llc for Defining Wealth (registered 2026-02-09)
    Jan 6, 2026 · Advisor changed firm · fact
  • Jacob Ivan Duke left Applied Capital Llc for Rivertree Wealth (registered 2024-03-14)
    Jun 19, 2024 · Advisor changed firm · fact
  • Seth G Haile left Applied Capital Llc for Paladin Investment Advisors (registered 2023-05-10)
    May 10, 2023 · Advisor changed firm · fact
  • Andrew Reid Veach left Applied Capital Llc for Veach Family Financial (registered 2026-01-02)
    Jan 2, 2023 · Advisor changed firm · fact
  • Clifford Ray Veach no longer registered at Applied Capital Llc; no later IA registration on IAPD
    Jan 2, 2023 · Advisor departure · fact
  • Applied Capital Llc reported RAUM $235.0M, down 38% from $380.8M (2022-03-21 to 2022-11-23)
    Nov 23, 2022 · RAUM change · derived
  • Applied Capital Llc reported RAUM $380.8M, up 41% from $270.0M (2021-12-06 to 2022-03-21)
    Mar 21, 2022 · RAUM change · derived
  • Wayne Christopher Williams (Chief Compliance Officer) appeared on Schedule A of Applied Capital Llc
    Mar 26, 2021 · Control person joined · fact
  • Applied Capital Llc filed its initial SEC registration (Form ADV)
    Mar 29, 2019 · 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
Firm profile
LINKEDIN.COM/COMPANY/2935176reportedpublic record, Form ADV, Sep 18, 2026
Website
APPLIEDCAPTAL.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(501) 500-0890reportedpublic record, Form ADV, Mar 10, 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
$39.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026