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•••••• F•••••••• A•••••••• L••

Independent wealth managerAuburn, IndianaCRD 166237SEC 801-80650websiteIAPD
Latest filing Mar 11, 2026
First filing on the tape Nov 19, 2014 · 33 filings
SEC status approved since Dec 22, 2014
RAUM
$524M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$518M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$87.4M
derived; firm RAUM over IAPD count
Employees
8
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$524M as of Mar 11, 2026
Feb 10, 2015$115M then
HNW client RAUM$347M as of Mar 11, 2026
Jan 25, 2018$31.0M then
State-registered IARs (5.B.3)6 as of Mar 11, 2026
Feb 10, 20152 then
Employees (5.A)8 as of Mar 11, 2026
Feb 10, 20152 then
Private funds: no history
RAUM +18% over the last fiscal year+15% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Mar 11, 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
$87.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
136derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$286,148derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+7.4%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 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$347M66%
  • Individuals$171M33%
  • Pension and profit-sharing plans$5.3M1.0%
  • Corporations and businesses$628,2250.1%
  • Charitable organizations$576,5560.1%
Individual clients
673reported
HNW clients
142reported
Pension plan clients
2reported
Charitable clients
3reported
Accounts
1,832reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S••••• E••• P•••Auburn, InJan 2, 201352 y0
J••• M•••••• G••••Auburn, InJan 23, 201412 y0
A••••• S•••• M•••••Auburn, InSep 22, 201414 y0
D•••• R••••••• T•••••Certified Financial PlannerAuburn, InDec 13, 201717 y1
J••••• M•••• P••••••Auburn, InJan 3, 202215 y0
E••• L•• M•••••Auburn, InNov 21, 202316 y4
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
  • G••••• J•••• M•••••• · Member And Investment Advisercontrol
    since 01/2016 · owns 25% to 50%
  • P•••• S•••••• E••• · Managing Member, Chief Investment Officer And Investment Advisercontrol
    since 11/2012 · owns 25% to 50%
  • T•••••• D••••• R••••••• · Member, Chief Compliance Officer And Investment Advisercontrol
    since 01/2019 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Auburn, In · principal600
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • business activity changedChange between filings · filing Mar 11, 2026
    pension consulting (Item 5.G.6): no on the filing of 2025-02-14, yes on the filing of 2026-03-11
    peers: independent wealth managers, $500M to $1B (1,482)
What changed
consecutive filings, newest first
  • Accounts · 1,690 to 1,832
    Feb 14, 2025 to Mar 11, 2026
  • Advisory activities · 2 to 3
    Feb 14, 2025 to Mar 11, 2026
  • HNW clients · 106 to 142
    Feb 14, 2025 to Mar 11, 2026
  • Individual clients · 653 to 673
    Feb 14, 2025 to Mar 11, 2026
  • Discretionary RAUM · $443M to $524M
    Feb 14, 2025 to Mar 11, 2026
  • HNW RAUM · $266M to $347M
    Feb 14, 2025 to Mar 11, 2026
  • Individual RAUM · $171M to $171M
    Feb 14, 2025 to Mar 11, 2026
  • Pension RAUM · $4.3M to $5.3M
    Feb 14, 2025 to Mar 11, 2026
  • RAUM · $443M to $524M
    Feb 14, 2025 to Mar 11, 2026
  • Accounts · 1,604 to 1,690
    Mar 29, 2024 to Feb 14, 2025
  • Corporate clients · unset to 2.0
    Mar 29, 2024 to Feb 14, 2025
  • HNW clients · 127 to 106
    Mar 29, 2024 to Feb 14, 2025
  • Individual clients · 584 to 653
    Mar 29, 2024 to Feb 14, 2025
  • Pension plan clients · 4 to 2
    Mar 29, 2024 to Feb 14, 2025
  • Financial planning clients · 1-10 to 1-10
    Mar 29, 2024 to Feb 14, 2025
  • Discretionary RAUM · $384M to $443M
    Mar 29, 2024 to Feb 14, 2025
  • HNW RAUM · $255M to $266M
    Mar 29, 2024 to Feb 14, 2025
  • Individual RAUM · $121M to $171M
    Mar 29, 2024 to Feb 14, 2025
  • Pension RAUM · $7.2M to $4.3M
    Mar 29, 2024 to Feb 14, 2025
  • RAUM · $384M to $443M
    Mar 29, 2024 to Feb 14, 2025
  • Accounts · 1,573 to 1,604
    Apr 7, 2023 to Mar 18, 2024
  • Advisory employees · 5 to 6
    Apr 7, 2023 to Mar 18, 2024
  • Corporate clients · 0.0 to unset
    Apr 7, 2023 to Mar 18, 2024
  • HNW clients · 84 to 127
    Apr 7, 2023 to Mar 18, 2024
  • Individual clients · 587 to 584
    Apr 7, 2023 to Mar 18, 2024
  • Pooled vehicle clients · 0.0 to unset
    Apr 7, 2023 to Mar 18, 2024
  • Employees · 5 to 8
    Apr 7, 2023 to Mar 18, 2024
  • Insurance-licensed employees · 5 to 0
    Apr 7, 2023 to Mar 18, 2024
  • Financial planning clients · 101-250 to 1-10
    Apr 7, 2023 to Mar 18, 2024
  • State-registered IARs · 5 to 6
    Apr 7, 2023 to Mar 18, 2024
  • Discretionary RAUM · $348M to $384M
    Apr 7, 2023 to Mar 18, 2024
  • HNW RAUM · $195M to $255M
    Apr 7, 2023 to Mar 18, 2024
  • Individual RAUM · $146M to $121M
    Apr 7, 2023 to Mar 18, 2024
  • Pension RAUM · $6.1M to $7.2M
    Apr 7, 2023 to Mar 18, 2024
  • Pooled vehicle RAUM · 0.0 to unset
    Apr 7, 2023 to Mar 18, 2024
  • RAUM · $348M to $384M
    Apr 7, 2023 to Mar 18, 2024
  • Accounts · 1,420 to 1,573
    Mar 23, 2022 to Mar 30, 2023
  • Individual clients · 540 to 587
    Mar 23, 2022 to Mar 30, 2023
  • Pension plan clients · 3 to 4
    Mar 23, 2022 to Mar 30, 2023
  • Discretionary RAUM · $352M to $348M
    Mar 23, 2022 to Mar 30, 2023
Signals
2 dated events
  • R••••••• D•••• T••••• (Member) appeared on Schedule A of P•••••• F•••••••• A•••••••• L••
    Jan 29, 2019 · Control person joined · fact
  • S••••• E• P•••• L•• filed its initial SEC registration (Form ADV)
    Nov 19, 2014 · 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
260-925-2887reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
260-925-3222reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/pathway-financial-advisers-llcreportedpublic record, Form ADV, Sep 18, 2026
Website
p•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
260-925-2887reportedpublic record, Form ADV, Mar 11, 2026
Contact form
p•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
Team page
p•••••••••.comreportedpublished by the firm, firm site, Sep 15, 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
$87.4Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026