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

Worth Asset Management

Independent wealth managerDallas, TexasCRD 166970SEC 801-122206website IAPD

Legal name Worth Asset Management, LLC

Latest filing Jul 27, 2026

First filing on the tape Jul 30, 2021 · 18 filings

SEC status approved since Jul 1, 2021

RAUM

$288M

reported, Item 5.F

Discretionary

100%

of RAUM

Private clients

100%

$288M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$28.8M

derived; firm RAUM over IAPD count

Employees

8 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

18 filings and snapshots on the tape

RAUM$288M as of Jul 27, 2026

Mar 1, 2022$205M then

HNW client RAUM$103M as of Jul 27, 2026

Mar 1, 2022$80.3M then

State-registered IARs (5.B.3)10 as of Jul 27, 2026

Mar 1, 20220 then

Employees (5.A)12 as of Jul 27, 2026

Mar 1, 20228 then

Private funds: no history

RAUM +6.7% over the last fiscal year+5.2% a year over threeIARs 0 to 10

Practice profile

derived from the filing of Jul 27, 2026; every figure names its basis

Archetypes, each a printed rule

Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM

RAUM per advisor: $28.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 33derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $1.3MderivedHNW RAUM over HNW clients
Average account: $865,467derivedRAUM over accounts (5.F.2.f)
Discretionary: 100%derivedof RAUM
Institutional: 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 1.2derivedItem 5.A over advisors
Advisors per office: 10.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year: +6.7%derivedbetween the last two annual amendments
Advisor growth, one year: unknownderivedItem 5.B.3 between annual amendments
Client growth, one year: -3.5%derived
Compensation: percentage of assetsreportedItem 5.E
Advisory activities: portfolio management for individuals, selection of other advisers, educational seminars, 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

is an insurance broker or agent (6.A.6)
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

Individuals$185M64%
High-net-worth individuals$103M36%
Pension and profit-sharing plans$64,2300.0%

Individual clients: 247reported
HNW clients: 82reported
Pension plan clients: 4reported
Charitable clients: 0reported
Accounts: 333reported
Financial planning clients: reported
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=1.0derived

Advisors registered through the firm

10 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
James Willard Clark	Dallas, Tx	Jun 6, 2013	34 y	5
John David Hale	Dallas, Tx	Jan 2, 2014	20 y	2
Alton Barrett Thompson	Frisco, Tx	Apr 10, 2019	11 y	1
Beth Ann Johnson	Dallas, Tx	Feb 25, 2020	18 y	3
Philip Joseph FloydCertified Financial Planner	Dallas, Tx	Feb 5, 2021	25 y	4
Joseph Anthony DowdallCertified Financial Planner	Dallas, Tx	Feb 5, 2021	20 y	3
Jeffrey Mead BurandtCertified Financial Planner	Prosper, Tx	Jun 3, 2021	32 y	4
James Francis Stewart	Dallas, Tx	Sep 14, 2021	29 y	0
Natalie M Floyd	Dallas, Tx	Jul 7, 2023	11 y	0
Cody Aaron MasonCertified Financial Planner	Dallas, Tx	Oct 15, 2025	20 y	4

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 headcount1 left over 36 months

Left, latest

Andrew Christopher Hunt to Mcelhenny Sheffield Capital Management, LLC
Aug 9, 2024 · RIA to RIA

Joined, latest

Cody Aaron Mason from Strategic Advisers LLC
Oct 15, 2025 · Affiliated broker-dealer or bank to independent RIA
Andrew Christopher Hunt from Ep Wealth Advisors
Apr 24, 2023 · RIA to RIA
Jeffrey Mead Burandt from Harbor Wealth Management, Inc.
Jun 3, 2021 · Other
Philip Joseph Floyd from Retirement Planners Of America
Feb 5, 2021 · RIA to RIA
Joseph Anthony Dowdall from Retirement Planners Of America
Feb 5, 2021 · RIA to RIA
Beth Ann Johnson from RBC Capital Markets, LLC
Feb 25, 2020 · Affiliated broker-dealer or bank to independent RIA
John David Hale from Worth Financial Group Inc.
Jan 2, 2014 · RIA to RIA
James Willard Clark from Worth Financial Group Inc.
Jun 6, 2013 · RIA to RIA

Every departure Every arrival

Teams: two or more advisors moving together within fourteen days, from one state

2 joined from Retirement Planners Of America
Feb 18, 2021 · Coppell, Tx

Teams out Teams in

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

Willard James Clark · Managing Membercontrol
since 03/2013 · owns 10% to 25%
Lee Lisa Gesin · Ccocontrol
since 11/2022 · owns less than 5%

Entity owners

Clark Family Living Trust · Owner/Managing Member
direct · owns 75% or more
Southocean Management, Inc. · Member
direct · owns 10% to 25%

Related persons

Schedule D 7.A

No related person reported.

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined	Left	Teams out	Forming
Dallas, Tx · principal	10	1	0
Plano, Tx	0	0	0

Offices

Schedule D 1.F, the 25 largest

No branch office listed.

ADV anomalies

2 against comparable advisers; where to look, not conclusions

business activity changedChange between filings · filing Jul 27, 2026
selection of other advisers (Item 5.G.7): no on the filing of 2026-04-15, yes on the filing of 2026-07-27
peers: independent wealth managers, $100M to $500M (5,676)
HNW share shiftChange between filings · filing Apr 15, 2026
HNW share of RAUM moved from 7.0% to 36.0% between the annual amendments of 2025-02-12 and 2026-04-15
peers: independent wealth managers, $100M to $500M (5,676)

How anomalies are measured

What changed

consecutive filings, newest first

Advisory activities · 3 to 4
Apr 15, 2026 to Jul 27, 2026
Accounts · 344 to 333
Oct 1, 2025 to Feb 25, 2026
Advisory employees · 7 to 8
Oct 1, 2025 to Feb 25, 2026
HNW clients · 114 to 82
Oct 1, 2025 to Feb 25, 2026
Individual clients · 227 to 247
Oct 1, 2025 to Feb 25, 2026
Pension plan clients · 3 to 4
Oct 1, 2025 to Feb 25, 2026
Employees · 10 to 12
Oct 1, 2025 to Feb 25, 2026
Insurance-licensed employees · 0 to 1
Oct 1, 2025 to Feb 25, 2026
State-registered IARs · 0 to 10
Oct 1, 2025 to Feb 25, 2026
Discretionary RAUM · $248M to $288M
Oct 1, 2025 to Feb 25, 2026
HNW RAUM · $17.9M to $103M
Oct 1, 2025 to Feb 25, 2026
Individual RAUM · $230M to $185M
Oct 1, 2025 to Feb 25, 2026
Non-discretionary RAUM · $22.5M to $64,230
Oct 1, 2025 to Feb 25, 2026
Pension RAUM · $22.5M to $64,230
Oct 1, 2025 to Feb 25, 2026
RAUM · $270M to $288M
Oct 1, 2025 to Feb 25, 2026
Accounts · 368 to 344
Apr 2, 2024 to Feb 12, 2025
HNW clients · 118 to 114
Apr 2, 2024 to Feb 12, 2025
Individual clients · 249 to 227
Apr 2, 2024 to Feb 12, 2025
Pension plan clients · 1 to 3
Apr 2, 2024 to Feb 12, 2025
Financial planning clients · unset to
Apr 2, 2024 to Feb 12, 2025
Discretionary RAUM · $256M to $248M
Apr 2, 2024 to Feb 12, 2025
HNW RAUM · $193M to $17.9M
Apr 2, 2024 to Feb 12, 2025
Individual RAUM · $62.6M to $230M
Apr 2, 2024 to Feb 12, 2025
Non-discretionary RAUM · $18.7M to $22.5M
Apr 2, 2024 to Feb 12, 2025
Pension RAUM · $18.7M to $22.5M
Apr 2, 2024 to Feb 12, 2025
RAUM · $274M to $270M
Apr 2, 2024 to Feb 12, 2025
Related insurance company · false to true
Apr 2, 2024 to Feb 12, 2025
Other offices · 1 to 0
Feb 13, 2024 to Apr 2, 2024
Accounts · 290 to 368
Oct 20, 2023 to Feb 1, 2024
BD registered reps · 2 to 1
Oct 20, 2023 to Feb 1, 2024
HNW clients · 69 to 118
Oct 20, 2023 to Feb 1, 2024
Individual clients · 220 to 249
Oct 20, 2023 to Feb 1, 2024
Employees · 8 to 10
Oct 20, 2023 to Feb 1, 2024
Discretionary RAUM · $232M to $256M
Oct 20, 2023 to Feb 1, 2024
HNW RAUM · $153M to $193M
Oct 20, 2023 to Feb 1, 2024
Individual RAUM · $79.0M to $62.6M
Oct 20, 2023 to Feb 1, 2024
Non-discretionary RAUM · $15.6M to $18.7M
Oct 20, 2023 to Feb 1, 2024
Pension RAUM · $15.6M to $18.7M
Oct 20, 2023 to Feb 1, 2024
RAUM · $247M to $274M
Oct 20, 2023 to Feb 1, 2024
Accounts · 564 to 290
Nov 16, 2022 to Feb 3, 2023

Signals

8 dated events

Worth Asset Management reported 10 state-registered advisory representatives, up from 0 (2025-10-01 to 2026-02-25)
Feb 25, 2026 · Advisor headcount change · derived
Andrew Christopher Hunt left Worth Asset Management for Mcelhenny Sheffield Capital Management, Llc (registered 2024-08-14)
Aug 9, 2024 · Advisor changed firm · fact
Willard James Clark (Managing Member) appeared on Schedule A of Worth Asset Management
Feb 13, 2024 · Control person joined · fact
Willard James Clark (Managing Director) no longer on Schedule A of Worth Asset Management (listed 2022-11-16, absent 2023-02-03)
Feb 3, 2023 · Control person left · inference
Lee Lisa Gesin (Cco) appeared on Schedule A of Worth Asset Management
Nov 16, 2022 · Control person joined · fact
Wildey Charles Waring (President) no longer on Schedule A of Worth Asset Management (listed 2022-03-01, absent 2022-04-21)
Apr 21, 2022 · Control person left · inference
Worth Asset Management reported succeeding to the business of Another Adviser (Form ADV Item 4)
Jul 30, 2021 · Succession (Item 4) · fact
Worth Asset Management filed its initial SEC registration (Form ADV)
Jul 30, 2021 · 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 email: info@worthassetmgmt.comreportedpublished by the firm, firm site, Sep 17, 2026
Business phone: 469-257-5074reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile: linkedin.com/company/worth-assetmanagement/ mycompany/?viewAreportedpublic record, Form ADV, Sep 17, 2026
Website: worthassetmgmt.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone: 469-257-5074reportedpublic record, Form ADV, Jul 27, 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: $28.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026