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
The Nalls Sherbakoff Group, LLC
Latest filing Mar 24, 2026
First filing on the tape Mar 15, 2016 · 24 filings
SEC status approved since Mar 23, 2016
RAUM
$337M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$337M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$112M
derived; firm RAUM over IAPD count
Employees
5
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$337M as of Mar 24, 2026
Feb 14, 2017$148M then
HNW client RAUM$222M as of Mar 24, 2026
Mar 21, 2018$76.7M then
State-registered IARs (5.B.3)2 as of Mar 24, 2026
Feb 14, 20173 then
Employees (5.A)5 as of Mar 24, 2026
Feb 14, 20174 then
Private funds: no history
RAUM +15% over the last fiscal year+14% a year over threeIARs 3 to 2
Practice profile
derived from the filing of Mar 24, 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $112MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 167derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.6MderivedHNW RAUM over HNW clients
- Average account
- $451,851derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.7derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +15%derivedbetween the last two annual amendments
- Advisor growth, one year
- -33%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +34%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, educational seminarsreportedItem 5.G
- Custody
- $109M, 152 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$222M66%
- Individuals$115M34%
- Individual clients
- 414reported
- HNW clients
- 86reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 746reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $109M for 152 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- 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
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Donald Eugene NallsCertified Financial Planner | Knoxville, Tn | Sep 6, 2013 | 34 y | 3 |
| Thomas Lee SherbakoffCertified Financial Planner | Knoxville, Tn | Oct 12, 2016 | 14 y | 1 |
| Seth Hunter Felker | Knoxville, Tn | Nov 13, 2025 | 11 y | 0 |
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 headcount2 left over 36 months
Left, latest
- Tyler Michael Seymour to Tvamp, LLCJul 17, 2025 · RIA to RIA
- Caroline Murphy Friedrich to Hillvale Wealth Management, LLCJul 18, 2024 · RIA to a state-registered adviser
- Arlen Ray Royalty to Oneascent Financial Services LLCMar 27, 2023 · RIA to RIA
- Kimberlee Ann Spencer to Equita Financial Network, Inc.Sep 28, 2020 · RIA to RIA
Joined, latest
- Tyler Michael Seymour from Ingram Advisory Services, LLCNov 15, 2024 · RIA to RIA
- Caroline Murphy Friedrich from Nadler Financial Group, Inc.Jan 24, 2022 · RIA to RIA
- Thomas Lee Sherbakoff from Patriot Investment Management Group IncOct 12, 2016 · Other
- Kimberlee Ann Spencer from Patriot Investment Management Group IncJan 13, 2016 · Other
- Donald Eugene Nalls from C & J Wealth AdvisorsSep 6, 2013 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Eugene Donald Nalls · Managing Member/Chief Compliance Officercontrolsince 06/2013 · owns 75% or more
- Lee Thomas Sherbakoff · Membersince 10/2014 · 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 |
|---|---|---|---|---|---|
| Knoxville, Tn · principal | 3 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 835 to 746May 12, 2025 to Mar 24, 2026
- Advisory employees · 3 to 2May 12, 2025 to Mar 24, 2026
- HNW clients · 79 to 86May 12, 2025 to Mar 24, 2026
- Individual clients · 294 to 414May 12, 2025 to Mar 24, 2026
- Assets in custody · $91.5M to $109MMay 12, 2025 to Mar 24, 2026
- Employees · 6 to 5May 12, 2025 to Mar 24, 2026
- State-registered IARs · 3 to 2May 12, 2025 to Mar 24, 2026
- Discretionary RAUM · $294M to $337MMay 12, 2025 to Mar 24, 2026
- HNW RAUM · $235M to $222MMay 12, 2025 to Mar 24, 2026
- Individual RAUM · $58.5M to $115MMay 12, 2025 to Mar 24, 2026
- RAUM · $294M to $337MMay 12, 2025 to Mar 24, 2026
- Financial planning clients · 0 to 0Apr 28, 2025 to May 12, 2025
- Accounts · 791 to 835Mar 29, 2024 to Apr 28, 2025
- HNW clients · 65 to 79Mar 29, 2024 to Apr 28, 2025
- Individual clients · 279 to 294Mar 29, 2024 to Apr 28, 2025
- Assets in custody · $76.2M to $91.5MMar 29, 2024 to Apr 28, 2025
- Employees · 7 to 6Mar 29, 2024 to Apr 28, 2025
- Financial planning clients · 1-10 to 0Mar 29, 2024 to Apr 28, 2025
- Discretionary RAUM · $254M to $294MMar 29, 2024 to Apr 28, 2025
- HNW RAUM · $171M to $235MMar 29, 2024 to Apr 28, 2025
- Individual RAUM · $83.9M to $58.5MMar 29, 2024 to Apr 28, 2025
- RAUM · $254M to $294MMar 29, 2024 to Apr 28, 2025
- Accounts · 834 to 791Nov 21, 2023 to Mar 29, 2024
- Advisory employees · 4 to 3Nov 21, 2023 to Mar 29, 2024
- HNW clients · 69 to 65Nov 21, 2023 to Mar 29, 2024
- Individual clients · 284 to 279Nov 21, 2023 to Mar 29, 2024
- Assets in custody · $75.1M to $76.2MNov 21, 2023 to Mar 29, 2024
- State-registered IARs · 4 to 3Nov 21, 2023 to Mar 29, 2024
- Discretionary RAUM · $225M to $254MNov 21, 2023 to Mar 29, 2024
- HNW RAUM · $170M to $171MNov 21, 2023 to Mar 29, 2024
- Individual RAUM · $55.4M to $83.9MNov 21, 2023 to Mar 29, 2024
- RAUM · $225M to $254MNov 21, 2023 to Mar 29, 2024
- Accounts · 823 to 834Mar 30, 2022 to Mar 27, 2023
- Advisory employees · 3 to 4Mar 30, 2022 to Mar 27, 2023
- HNW clients · 67 to 69Mar 30, 2022 to Mar 27, 2023
- Individual clients · 337 to 284Mar 30, 2022 to Mar 27, 2023
- Assets in custody · $82.3M to $75.1MMar 30, 2022 to Mar 27, 2023
- Employees · 4 to 7Mar 30, 2022 to Mar 27, 2023
- Financial planning clients · 0 to 1-10Mar 30, 2022 to Mar 27, 2023
- State-registered IARs · 3 to 4Mar 30, 2022 to Mar 27, 2023
Signals
4 dated events
- Tyler Michael Seymour left The Nalls Sherbakoff Group, Llc for Tvamp, Llc (registered 2025-08-28)Jul 17, 2025 · Advisor changed firm · fact
- Caroline Murphy Friedrich left The Nalls Sherbakoff Group, Llc for Hillvale Wealth Management, Llc (registered 2024-08-13)Jul 18, 2024 · Advisor changed firm · fact
- Arlen Ray Royalty left The Nalls Sherbakoff Group, Llc for Oneascent Financial Services Llc (registered 2024-03-08)Mar 27, 2023 · Advisor changed firm · fact
- The Nalls Sherbakoff Group, Llc filed its initial SEC registration (Form ADV)Mar 15, 2016 · 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
- cathy@nallssherbakoff.comreportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 865-691-0898reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- linkedin.com/company/the-nalls-sherbakoff-group-llcreportedpublic record, Form ADV, Sep 17, 2026
- Website
- NALLSSHERBAKOFF.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 865-691-0898reportedpublic record, Form ADV, Mar 24, 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
- $112Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026