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

V••••• P•••• A•••••••• L••

Independent wealth managerSan Francisco, CaliforniaCRD 166587SEC 801-80962websiteIAPD
Latest filing Jul 10, 2026
First filing on the tape Feb 3, 2015 · 35 filings
SEC status approved since Feb 9, 2015
RAUM
$3.9B
reported, Item 5.F
Discretionary
61%
of RAUM
Private clients
97%
$3.8B individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$656M
derived; firm RAUM over IAPD count
Employees
25
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$3.9B as of Jul 10, 2026
Mar 20, 2015$147M then
HNW client RAUM$3.8B as of Jul 10, 2026
Mar 31, 2018$320M then
State-registered IARs (5.B.3)8 as of Jul 10, 2026
Mar 20, 20153 then
Employees (5.A)25 as of Jul 10, 2026
Mar 20, 20153 then
Private funds1 as of Jul 10, 2026
Mar 31, 20231 then
RAUM +44% over the last fiscal year+50% a year over threeIARs 5 to 8
Practice profile
derived from the filing of Jul 10, 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
  • Multi-family-office-like · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, average HNW client assets at least $25M, fewer than 200 HNW clients, and business name contains 'family office' or private funds are reported
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
$656MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$212MderivedHNW RAUM over HNW clients
Average account
$15.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
61%derivedof RAUM
Institutional
0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.2derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+44%derivedbetween the last two annual amendments
Advisor growth, one year
+60%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, selection of other advisers, otherreportedItem 5.G
Custody
$259M, 16 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$3.8B97%
  • Pooled investment vehicles$111M2.8%
  • Charitable organizations$5.0M0.1%
Individual clients
n/areported
HNW clients
18reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
255reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$259M for 16 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.97 fund_share=0.03 institutional_share=0.0 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M•••••• J•••••• L••••Certified Financial PlannerSan Francisco, CaAug 3, 201511 y0
J••• E••••• T•••••Ligonier, Pa Oct 22, 201813 y1
P••• W•••••• M••••••Certified Financial Planner, Chartered Financial AnalystSan Francisco, CaMay 3, 202214 y0
M••• D•••• G••••••Chartered Financial AnalystSan Francisco, CaMar 22, 202424 y2
R••• J• C••••••Chartered Financial AnalystSan Francisco, CaAug 22, 202510 y3
Advisor movement
0 left, 0 joined in 12 months
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
V•• • V•••••• S•• F••••• L••Other Private Fund$28.6M8Mar 31, 2023
Owners and control persons
Schedule A and B, latest filing
  • G••••••• M•••• D•••• · Member / Chief Investment Officercontrol
    since 01/2024 · owns 5% to 10%
  • J••••••• H••••• A•• · Chief Compliance Officercontrol
    since 03/2017 · owns less than 5%
  • M••••••• P•••• W•••••• · Managing Membercontrol
    since 01/2013 · owns 75% or more
  • L••••• M••••••• J•••••• · Member
    since 01/2018 · owns 5% to 10%
  • T•••••• J•••• E••••• · Member
    since 01/2023 · owns 5% to 10%
  • W•••• E•••• J•••• · Member
    since 11/2024 · 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
San Francisco, Ca · principal600
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
5 against comparable advisers; where to look, not conclusions
  • high employee count relative to advisorsStatic outlier · filing Jul 10, 2026
    employees per registered advisor of 4.2 against a peer median of 1.5 (1101 comparable advisers, 98.0th percentile, 5.5 robust deviations)
    peers: independent wealth managers, $1B to $5B (1,101) · 98% percentile
  • control person changedChange between filings · filing Jul 10, 2026
    M••••••• P•••• W•••••• (MANAGING MEMBER) left Schedule A between the filings of 2024-03-29 and 2026-07-10
    peers: independent wealth managers, $1B to $5B (1,362)
  • control person changedChange between filings · filing Jul 10, 2026
    J••••••• H••••• A•• (CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2024-03-29 and 2026-07-10
    peers: independent wealth managers, $1B to $5B (1,362)
  • RAUM up 25 %Change between filings · filing Mar 31, 2026
    RAUM (Item 5.F) moved from $2,741,700,000 to $3,938,000,000 (+44.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +17.0% (1298 comparable advisers, 91.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,298) · 91% percentile
  • advisor count surgeChange between filings · filing Mar 31, 2026
    advisory representatives (Item 5.B.3) moved from 5.0 to 8.0 (+60.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was 0.0% (999 comparable advisers, 97.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (999) · 97% percentile
What changed
consecutive filings, newest first
  • State-registered IARs · 5 to 8
    Mar 31, 2025 to Mar 31, 2026
  • Discretionary RAUM · $1.3B to $2.4B
    Mar 31, 2025 to Mar 31, 2026
  • HNW RAUM · $2.4B to $3.8B
    Mar 31, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $1.4B to $1.5B
    Mar 31, 2025 to Mar 31, 2026
  • Pooled vehicle RAUM · $61.1M to $111M
    Mar 31, 2025 to Mar 31, 2026
  • RAUM · $2.7B to $3.9B
    Mar 31, 2025 to Mar 31, 2026
  • Accounts · 217 to 255
    Mar 31, 2025 to Mar 31, 2026
  • Advisory employees · 7 to 8
    Mar 31, 2025 to Mar 31, 2026
  • Charity clients · 11.0 to unset
    Mar 31, 2025 to Mar 31, 2026
  • HNW clients · 17 to 18
    Mar 31, 2025 to Mar 31, 2026
  • Assets in custody · $296M to $259M
    Mar 31, 2025 to Mar 31, 2026
  • Employees · 20 to 25
    Mar 31, 2025 to Mar 31, 2026
  • RAUM · $1.6B to $2.7B
    Nov 15, 2024 to Mar 31, 2025
  • Accounts · 229 to 217
    Nov 15, 2024 to Mar 31, 2025
  • Advisory employees · 5 to 7
    Nov 15, 2024 to Mar 31, 2025
  • Assets in custody · $284M to $296M
    Nov 15, 2024 to Mar 31, 2025
  • Employees · 16 to 20
    Nov 15, 2024 to Mar 31, 2025
  • Financial planning clients · 11-25 to 11-25
    Nov 15, 2024 to Mar 31, 2025
  • Discretionary RAUM · $909M to $1.3B
    Nov 15, 2024 to Mar 31, 2025
  • HNW RAUM · $1.4B to $2.4B
    Nov 15, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $685M to $1.4B
    Nov 15, 2024 to Mar 31, 2025
  • Pooled vehicle RAUM · $47.0M to $61.1M
    Nov 15, 2024 to Mar 31, 2025
  • Accounts · 173 to 229
    Mar 4, 2024 to Mar 29, 2024
  • Advisory employees · 6 to 5
    Mar 4, 2024 to Mar 29, 2024
  • Charity clients · 8 to 11
    Mar 4, 2024 to Mar 29, 2024
  • HNW clients · 16 to 17
    Mar 4, 2024 to Mar 29, 2024
  • Pooled vehicle clients · 1 to 2
    Mar 4, 2024 to Mar 29, 2024
  • Assets in custody · $332M to $284M
    Mar 4, 2024 to Mar 29, 2024
  • Employees · 13 to 16
    Mar 4, 2024 to Mar 29, 2024
  • Other offices · 1 to 0
    Mar 4, 2024 to Mar 29, 2024
  • Discretionary RAUM · $966M to $909M
    Mar 4, 2024 to Mar 29, 2024
  • HNW RAUM · $1.0B to $1.4B
    Mar 4, 2024 to Mar 29, 2024
  • Non-discretionary RAUM · $203M to $685M
    Mar 4, 2024 to Mar 29, 2024
  • Pooled vehicle RAUM · $19.8M to $47.0M
    Mar 4, 2024 to Mar 29, 2024
  • RAUM · $1.2B to $1.6B
    Mar 4, 2024 to Mar 29, 2024
  • Accounts · 213 to 173
    Sep 6, 2022 to Mar 31, 2023
  • Advisory employees · 5 to 6
    Sep 6, 2022 to Mar 31, 2023
  • Charity clients · 6 to 8
    Sep 6, 2022 to Mar 31, 2023
  • HNW clients · 17 to 16
    Sep 6, 2022 to Mar 31, 2023
  • Pooled vehicle clients · unset to 1.0
    Sep 6, 2022 to Mar 31, 2023
Signals
12 dated events
  • V••••• P•••• A•••••••• L•• reported RAUM $3.9B, up 44% from $2.7B (2025-03-31 to 2026-03-31)
    Mar 31, 2026 · RAUM change · derived
  • V••••• P•••• A•••••••• L•• reported RAUM $2.7B, up 72% from $1.6B (2024-11-15 to 2025-03-31)
    Mar 31, 2025 · RAUM change · derived
  • V••••• P•••• A•••••••• L•• reported RAUM $1.6B, up 36% from $1.2B (2024-03-04 to 2024-03-29)
    Mar 29, 2024 · RAUM change · derived
  • David Mark Guinney (Chief Investment Officer) appeared on Schedule A of V••••• P•••• A•••••••• L••
    Mar 29, 2024 · Control person joined · fact
  • Aileen Julie Sievert (Chief Financial Officer) no longer on Schedule A of V••••• P•••• A•••••••• L•• (listed 2022-09-06, absent 2023-03-31)
    Mar 31, 2023 · Control person left · inference
  • Marie Elisabeth Macknight (Chief Operating Officer) no longer on Schedule A of V••••• P•••• A•••••••• L•• (listed 2022-04-22, absent 2022-09-06)
    Sep 6, 2022 · Control person left · inference
  • Aileen Julie Sievert (Chief Financial Officer) appeared on Schedule A of V••••• P•••• A•••••••• L••
    Mar 31, 2022 · Control person joined · fact
  • M Leigh Shimamoto (Principal) no longer on Schedule A of V••••• P•••• A•••••••• L•• (listed 2019-03-29, absent 2020-03-30)
    Mar 30, 2020 · Control person left · inference
  • Marie Elisabeth Macknight (Chief Operating Officer) appeared on Schedule A of V••••• P•••• A•••••••• L••
    Mar 30, 2020 · Control person joined · fact
  • V••••• P•••• A•••••••• L•• reported RAUM $1.0B, up 47% from $701.6M (2019-03-29 to 2020-03-30)
    Mar 30, 2020 · RAUM change · derived
  • V••••• P•••• A•••••••• L•• reported RAUM $655.0M, up 105% from $319.8M (2018-04-04 to 2018-08-15)
    Aug 15, 2018 · RAUM change · derived
  • V••••• P•••• A••••••• filed its initial SEC registration (Form ADV)
    Feb 3, 2015 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/vernal-point-advisors/aboutreportedpublic record, Form ADV, Sep 18, 2026
Website
V•••••P••••.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
415-237-3530reportedpublic record, Form ADV, Jul 10, 2026
Team page
v•••••••••.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
$656Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026