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.

Former SEC-registered adviser

Pinnacle Asset Management, Inc.

Former SEC-registered adviserRoseville, CaliforniaCRD 169182SEC 801-78656IAPD
Latest filing Aug 30, 2021
First filing on the tape Oct 1, 2013 · 25 filings
RAUM
$133M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$133M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$133M as of Feb 24, 2021
Feb 14, 2014$115M then
HNW client RAUM$44.6M as of Feb 24, 2021
Jan 8, 2018$25.7M then
State-registered IARs (5.B.3)2 as of Feb 24, 2021
Feb 14, 20142 then
Employees (5.A)6 as of Feb 24, 2021
Feb 14, 20146 then
Private funds: no history
RAUM +1.7% over the last fiscal year-0.3% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Aug 30, 2021; every figure names its basis
RAUM per advisor
$66.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
227derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.1MderivedHNW RAUM over HNW clients
Average account
$198,360derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+1.7%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.3%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$61.7M, 291 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)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$88.5M67%
  • High-net-worth individuals$44.6M33%
Individual clients
413reported
HNW clients
40reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
671reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$61.7M for 291 clientsreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Lloyd Kenyon Lederer · President And Chief Compliance Officercontrol
      since 11/2013 · owns 50% to 75%
    • Lue Melissa Lederer · Secretarycontrol
      since 09/1998 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 646 to 671
      Jun 26, 2020 to Feb 24, 2021
    • Advisory activities · 2 to 3
      Jun 26, 2020 to Feb 24, 2021
    • HNW clients · 19 to 40
      Jun 26, 2020 to Feb 24, 2021
    • Individual clients · 424 to 413
      Jun 26, 2020 to Feb 24, 2021
    • Assets in custody · $59.2M to $61.7M
      Jun 26, 2020 to Feb 24, 2021
    • Financial planning clients · unset to 0
      Jun 26, 2020 to Feb 24, 2021
    • Discretionary RAUM · $131M to $133M
      Jun 26, 2020 to Feb 24, 2021
    • HNW RAUM · $22.4M to $44.6M
      Jun 26, 2020 to Feb 24, 2021
    • Individual RAUM · $108M to $88.5M
      Jun 26, 2020 to Feb 24, 2021
    • Pension RAUM · 137404.0 to unset
      Jun 26, 2020 to Feb 24, 2021
    • RAUM · $131M to $133M
      Jun 26, 2020 to Feb 24, 2021
    • Accounts · 633 to 646
      May 31, 2019 to Feb 21, 2020
    • Advisory activities · 4 to 2
      May 31, 2019 to Feb 21, 2020
    • HNW clients · 16 to 19
      May 31, 2019 to Feb 21, 2020
    • Individual clients · 427 to 424
      May 31, 2019 to Feb 21, 2020
    • Assets in custody · $1.1B to $59.2M
      May 31, 2019 to Feb 21, 2020
    • Employees · 7 to 6
      May 31, 2019 to Feb 21, 2020
    • Financial planning clients · 0 to unset
      May 31, 2019 to Feb 21, 2020
    • Other offices · 1 to 0
      May 31, 2019 to Feb 21, 2020
    • Discretionary RAUM · $120M to $131M
      May 31, 2019 to Feb 21, 2020
    • HNW RAUM · $21.1M to $22.4M
      May 31, 2019 to Feb 21, 2020
    • Individual RAUM · $98.9M to $108M
      May 31, 2019 to Feb 21, 2020
    • Pension RAUM · $182,041 to $137,404
      May 31, 2019 to Feb 21, 2020
    • RAUM · $120M to $131M
      May 31, 2019 to Feb 21, 2020
    • Accounts · 654 to 633
      Apr 25, 2018 to Jan 24, 2019
    • HNW clients · 17 to 16
      Apr 25, 2018 to Jan 24, 2019
    • Individual clients · 418 to 427
      Apr 25, 2018 to Jan 24, 2019
    • Assets in custody · unset to 1067771390.0
      Apr 25, 2018 to Jan 24, 2019
    • Custody of client assets · false to true
      Apr 25, 2018 to Jan 24, 2019
    • Employees · 4 to 7
      Apr 25, 2018 to Jan 24, 2019
    • Discretionary RAUM · $134M to $120M
      Apr 25, 2018 to Jan 24, 2019
    • HNW RAUM · $25.7M to $21.1M
      Apr 25, 2018 to Jan 24, 2019
    • Individual RAUM · $109M to $98.9M
      Apr 25, 2018 to Jan 24, 2019
    • Pension RAUM · $153,272 to $182,041
      Apr 25, 2018 to Jan 24, 2019
    • RAUM · $134M to $120M
      Apr 25, 2018 to Jan 24, 2019
    • Accounts · 791 to 654
      Oct 16, 2017 to Jan 8, 2018
    • HNW clients · 35 to 17
      Oct 16, 2017 to Jan 8, 2018
    • Individual clients · 468 to 418
      Oct 16, 2017 to Jan 8, 2018
    • Employees · 7 to 4
      Oct 16, 2017 to Jan 8, 2018
    • Discretionary RAUM · $127M to $134M
      Oct 16, 2017 to Jan 8, 2018
    Signals
    1 dated events
    • Pinnacle Asset Management, Inc. filed its initial SEC registration (Form ADV)
      Oct 1, 2013 · 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026