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
P•••• • B•••• F••••••••
Legal name P•••• • B•••• C••••••
Latest filing Mar 31, 2026
First filing on the tape Apr 4, 2014 · 25 filings
SEC status approved since May 5, 2014
RAUM
$412M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$409M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$103M
derived; firm RAUM over IAPD count
Employees
4
3 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$412M as of Mar 31, 2026
Feb 25, 2015$106M then
HNW client RAUM$339M as of Mar 31, 2026
Mar 16, 2018$73.4M then
State-registered IARs (5.B.3)4 as of Mar 31, 2026
Feb 25, 20154 then
Employees (5.A)4 as of Mar 31, 2026
Feb 25, 20155 then
Private funds: no history
RAUM +13% over the last fiscal year+14% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 31, 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
- RAUM per advisor
- $103MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 118derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.3MderivedHNW RAUM over HNW clients
- Average account
- $526,105derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +13%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -36%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $107M, 183 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
- High-net-worth individuals$339M82%
- Individuals$69.9M17%
- Pension and profit-sharing plans$2.6M0.6%
- Corporations and businesses$388,5000.1%
- Individual clients
- 212reported
- HNW clients
- 261reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 783reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $107M for 183 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=3.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| A••••• W•••••••Certified Financial Planner | La Mesa, Ca | Jan 23, 2024 | 16 y | 1 |
| P••• W•••••• B••••Certified Financial Planner | La Mesa, Ca | Jan 23, 2024 | 41 y | 1 |
| C••••• S•••• B••••••Certified Financial Planner | La Mesa, Ca | Jul 29, 2024 | 12 y | 0 |
| V••••• L••• P•••••••••Certified Financial Planner | La Mesa, Ca | Jan 1, 2026 | 34 y | 1 |
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 headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- P••••••••• V•••••• L••• · Partnercontrolsince 05/2014 · owns 50% to 75%
- W•••••••• A••••• · Managing Member & Chief Compliance Officercontrolsince 01/2021 · owns 50% to 75%
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 |
|---|---|---|---|---|---|
| La Mesa, Ca · principal | 4 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- clients down average size upCombination · filing Mar 31, 2026private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $364,000,000 to $411,940,000, advisors 4 to 4, private clients 743 to 473, offices 0 to 0 (2025-03-27 to 2026-03-31)peers: independent wealth managers, $100M to $500M (5,678)
- client count collapseChange between filings · filing Mar 31, 2026individual and HNW clients (Item 5.D) moved from 743.0 to 473.0 (-36.0%) between the annual amendments of 2025-03-27 and 2026-03-31; the peer median change was +3.0% (3309 comparable advisers, 3.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,309) · 3.1% percentile
What changed
consecutive filings, newest first
- Accounts · 748 to 783Mar 27, 2025 to Mar 31, 2026
- HNW clients · 416 to 261Mar 27, 2025 to Mar 31, 2026
- Individual clients · 327 to 212Mar 27, 2025 to Mar 31, 2026
- Assets in custody · $97.1M to $107MMar 27, 2025 to Mar 31, 2026
- Discretionary RAUM · $364M to $412MMar 27, 2025 to Mar 31, 2026
- HNW RAUM · $294M to $339MMar 27, 2025 to Mar 31, 2026
- Individual RAUM · $67.1M to $69.9MMar 27, 2025 to Mar 31, 2026
- Pension RAUM · $2.3M to $2.6MMar 27, 2025 to Mar 31, 2026
- RAUM · $364M to $412MMar 27, 2025 to Mar 31, 2026
- Accounts · 731 to 748Mar 21, 2024 to Mar 27, 2025
- HNW clients · 376 to 416Mar 21, 2024 to Mar 27, 2025
- Individual clients · 348 to 327Mar 21, 2024 to Mar 27, 2025
- Assets in custody · $91.0M to $97.1MMar 21, 2024 to Mar 27, 2025
- Employees · 3 to 4Mar 21, 2024 to Mar 27, 2025
- Financial planning clients · 0 to 0Mar 21, 2024 to Mar 27, 2025
- State-registered IARs · 3 to 4Mar 21, 2024 to Mar 27, 2025
- Discretionary RAUM · $330M to $364MMar 21, 2024 to Mar 27, 2025
- HNW RAUM · $251M to $294MMar 21, 2024 to Mar 27, 2025
- Individual RAUM · $69.0M to $67.1MMar 21, 2024 to Mar 27, 2025
- Pension RAUM · $1.7M to $2.3MMar 21, 2024 to Mar 27, 2025
- RAUM · $330M to $364MMar 21, 2024 to Mar 27, 2025
- Accounts · 709 to 731Jan 23, 2024 to Mar 21, 2024
- HNW clients · 331 to 376Jan 23, 2024 to Mar 21, 2024
- Individual clients · 373 to 348Jan 23, 2024 to Mar 21, 2024
- Assets in custody · $96.9M to $91.0MJan 23, 2024 to Mar 21, 2024
- Financial planning clients · 1-10 to 0Jan 23, 2024 to Mar 21, 2024
- Discretionary RAUM · $275M to $330MJan 23, 2024 to Mar 21, 2024
- HNW RAUM · $203M to $251MJan 23, 2024 to Mar 21, 2024
- Individual RAUM · $70.0M to $69.0MJan 23, 2024 to Mar 21, 2024
- Pension RAUM · $1.2M to $1.7MJan 23, 2024 to Mar 21, 2024
- RAUM · $275M to $330MJan 23, 2024 to Mar 21, 2024
- Accounts · 690 to 709Mar 29, 2022 to Mar 27, 2023
- HNW clients · 248 to 331Mar 29, 2022 to Mar 27, 2023
- Individual clients · 432 to 373Mar 29, 2022 to Mar 27, 2023
- Pension plan clients · 7.0 to unsetMar 29, 2022 to Mar 27, 2023
- Assets in custody · $108M to $96.9MMar 29, 2022 to Mar 27, 2023
- Discretionary RAUM · $300M to $275MMar 29, 2022 to Mar 27, 2023
- HNW RAUM · $209M to $203MMar 29, 2022 to Mar 27, 2023
- Individual RAUM · $82.0M to $70.0MMar 29, 2022 to Mar 27, 2023
- Pension RAUM · $8.9M to $1.2MMar 29, 2022 to Mar 27, 2023
Signals
3 dated events
- William Paul Botte (Partner And Chief Compliance Officer) no longer on Schedule A of P•••• • B•••• F•••••••• (listed 2020-05-18, absent 2021-01-28)Jan 28, 2021 · Control person left · inference
- A••••• W••••••• (Managing Member & Chief Compliance Officer) appeared on Schedule A of P•••• • B•••• F••••••••Jan 28, 2021 · Control person joined · fact
- P•••• • B•••• C•••••• filed its initial SEC registration (Form ADV)Apr 4, 2014 · 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
- Website
- P••••ANDB••••.COMreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 619-698-6500reportedpublic record, Form ADV, Mar 31, 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
- $103Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026