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

Hansen & Associates Financial Group Inc.

Independent wealth managerRoseville, CaliforniaCRD 168363SEC 801-122580websiteIAPD
Latest filing May 13, 2026
First filing on the tape Sep 29, 2021 · 16 filings
SEC status approved since Oct 29, 2021
RAUM
$202M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$202M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$50.6M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$202M as of May 13, 2026
Mar 21, 2022$141M then
HNW client RAUM$80.0M as of May 13, 2026
Mar 21, 2022$25.3M then
State-registered IARs (5.B.3)3 as of May 13, 2026
Mar 21, 20223 then
Employees (5.A)4 as of May 13, 2026
Mar 21, 20224 then
Private funds: no history
RAUM -12% over the last fiscal year+1.0% a year over threeIARs 5 to 3
Practice profile
derived from the filing of May 13, 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
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$50.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
134derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.3MderivedHNW RAUM over HNW clients
Average account
$189,017derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-11%derivedbetween the last two annual amendments
Advisor growth, one year
-40%derivedItem 5.B.3 between annual amendments
Client growth, one year
-1.3%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$122M60%
  • High-net-worth individuals$80.0M40%
  • Charitable organizations$420,3800.2%
Individual clients
475reported
HNW clients
61reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
1,071reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
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
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Mark Steven HansenCertified Financial Planner, Chartered Financial ConsultantRoseville, CaSep 25, 201335 y2
Nickie Todd DallyElk Grove, Ca Sep 23, 201930 y7
Wallace Michael DarlingEnglewood, Co May 17, 202418 y2
David Christopher YelleRoseville, CaJan 1, 202522 y1
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
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Steven Mark Hansen · President/Chief Compliance Officercontrol
    since 07/2013 · owns 75% or more
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Roseville, Ca · principal400
Offices
Schedule D 1.F, the 25 largest
  • Greenwood Village, CO1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • advisor count dropChange between filings · filing Apr 14, 2026
    advisory representatives (Item 5.B.3) moved from 5.0 to 3.0 (-40.0%) between the annual amendments of 2025-03-10 and 2026-04-14; the peer median change was 0.0% (965 comparable advisers, 3.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (965) · 2.6% percentile
How anomalies are measured
What changed
consecutive filings, newest first
  • Accounts · 1,087 to 1,071
    Apr 14, 2026 to May 13, 2026
  • HNW clients · 59 to 61
    Apr 14, 2026 to May 13, 2026
  • Individual clients · 486 to 475
    Apr 14, 2026 to May 13, 2026
  • Discretionary RAUM · $199M to $202M
    Apr 14, 2026 to May 13, 2026
  • HNW RAUM · $79.1M to $80.0M
    Apr 14, 2026 to May 13, 2026
  • Individual RAUM · $124M to $122M
    Apr 14, 2026 to May 13, 2026
  • Non-discretionary RAUM · $4.2M to $0
    Apr 14, 2026 to May 13, 2026
  • RAUM · $204M to $202M
    Apr 14, 2026 to May 13, 2026
  • Accounts · 1,165 to 1,087
    Oct 28, 2025 to Mar 30, 2026
  • Advisory employees · 4 to 3
    Oct 28, 2025 to Mar 30, 2026
  • Charity clients · 2 to 1
    Oct 28, 2025 to Mar 30, 2026
  • HNW clients · 71 to 59
    Oct 28, 2025 to Mar 30, 2026
  • Individual clients · 481 to 486
    Oct 28, 2025 to Mar 30, 2026
  • Pension plan clients · 1 to 0
    Oct 28, 2025 to Mar 30, 2026
  • Employees · 6 to 4
    Oct 28, 2025 to Mar 30, 2026
  • State-registered IARs · 5 to 3
    Oct 28, 2025 to Mar 30, 2026
  • Discretionary RAUM · $225M to $199M
    Oct 28, 2025 to Mar 30, 2026
  • HNW RAUM · $97.4M to $79.1M
    Oct 28, 2025 to Mar 30, 2026
  • Individual RAUM · $131M to $124M
    Oct 28, 2025 to Mar 30, 2026
  • Non-discretionary RAUM · $4.5M to $4.2M
    Oct 28, 2025 to Mar 30, 2026
  • Pension RAUM · $666,504 to $0
    Oct 28, 2025 to Mar 30, 2026
  • RAUM · $230M to $204M
    Oct 28, 2025 to Mar 30, 2026
  • Financial planning clients · 0 to 0
    May 5, 2025 to Oct 28, 2025
  • Accounts · 1,114 to 1,165
    Aug 1, 2024 to Mar 10, 2025
  • Advisory employees · 2 to 4
    Aug 1, 2024 to Mar 10, 2025
  • Charity clients · 0 to 2
    Aug 1, 2024 to Mar 10, 2025
  • Individual clients · 438 to 481
    Aug 1, 2024 to Mar 10, 2025
  • Pension plan clients · 0 to 1
    Aug 1, 2024 to Mar 10, 2025
  • Employees · 3 to 6
    Aug 1, 2024 to Mar 10, 2025
  • Insurance-licensed employees · 0 to 1
    Aug 1, 2024 to Mar 10, 2025
  • State-registered IARs · 2 to 5
    Aug 1, 2024 to Mar 10, 2025
  • Discretionary RAUM · $201M to $225M
    Aug 1, 2024 to Mar 10, 2025
  • HNW RAUM · $87.6M to $97.4M
    Aug 1, 2024 to Mar 10, 2025
  • Individual RAUM · $117M to $131M
    Aug 1, 2024 to Mar 10, 2025
  • Non-discretionary RAUM · $3.5M to $4.5M
    Aug 1, 2024 to Mar 10, 2025
  • Pension RAUM · $0 to $666,504
    Aug 1, 2024 to Mar 10, 2025
  • RAUM · $204M to $230M
    Aug 1, 2024 to Mar 10, 2025
  • HQ city · SACRAMENTO to ROSEVILLE
    Apr 23, 2024 to Aug 1, 2024
  • Other offices · 0 to 1
    Aug 1, 2024 to Aug 1, 2024
  • Accounts · 1,177 to 1,114
    Oct 23, 2023 to Feb 16, 2024
Signals
3 dated events
  • Steven Robert Larsen left Hansen & Associates Financial Group Inc. for Foundations Investment Advisors Llc (registered 2024-10-24)
    Oct 11, 2024 · Advisor changed firm · fact
  • Tracy Owen Tamura left Hansen & Associates Financial Group Inc. for Liberty Wealth Management, Llc (registered 2024-07-23)
    Jul 15, 2024 · Advisor changed firm · fact
  • Hansen & Associates Financial Group Inc. filed its initial SEC registration (Form ADV)
    Sep 29, 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 phone
303-893-0552reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/tactical-fund-managementreportedpublic record, Form ADV, Sep 17, 2026
Website
whiterockcap.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
(916) 706-1234reportedpublic record, Form ADV, May 13, 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
$50.6Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026