DFX Intelligence

RIA Intelligence

The names on this page are hidden. Create a free account to reveal 5 records a month, or get RIA and Wealth Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.

Former SEC-registered adviser

F•••• A••••••• F•••••••• A••••••• I•••

Former SEC-registered adviserAlbuquerque, New MexicoCRD 170404SEC 801-79968IAPD
Latest filing Feb 9, 2023
First filing on the tape Jun 17, 2014 · 21 filings
RAUM
$56.0M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
0.8%
$450,000 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$56.0M as of Feb 9, 2023
Feb 27, 2015$160M then
HNW client RAUM$0 as of Feb 9, 2023
Feb 26, 2018$0 then
State-registered IARs (5.B.3)1 as of Feb 9, 2023
Feb 27, 20152 then
Employees (5.A)1 as of Feb 9, 2023
Feb 27, 20152 then
Private funds: no history
RAUM -63% over the last fiscal year-39% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Feb 9, 2023; every figure names its basis
RAUM per advisor
$56.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
1derivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$4.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
99%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-63%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-50%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, pension consulting, selection of other advisersreportedItem 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
  • buys or sells securities as principal to or from clients (8.A.2)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • State and municipal entities$55.5M99%
  • Individuals$450,0000.8%
Individual clients
1reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
12reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
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
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• R•••••• M•••••• · Co-Owner, President & Chief Compliance Officercontrol
        since 09/1997 · owns 75% or more
      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
      • Individual clients · 2 to 1
        Jan 20, 2022 to Feb 9, 2023
      • Individual RAUM · $1.0M to $450,000
        Jan 20, 2022 to Feb 9, 2023
      • Non-discretionary RAUM · $150M to $56.0M
        Jan 20, 2022 to Feb 9, 2023
      • RAUM · $150M to $56.0M
        Jan 20, 2022 to Feb 9, 2023
      • Individual RAUM · $800,000 to $1.0M
        Apr 1, 2021 to Jan 20, 2022
      • Non-discretionary RAUM · $250M to $150M
        Apr 1, 2021 to Jan 20, 2022
      • RAUM · $250M to $150M
        Apr 1, 2021 to Jan 20, 2022
      • Advisory employees · 2 to 1
        Jan 20, 2021 to Apr 1, 2021
      • Employees · 2 to 1
        Jan 20, 2021 to Apr 1, 2021
      • State-registered IARs · 2 to 1
        Jan 20, 2021 to Apr 1, 2021
      • Accounts · 10 to 12
        Jun 18, 2020 to Jan 20, 2021
      • HNW clients · 2 to 0
        Jun 18, 2020 to Jan 20, 2021
      • Individual clients · 0 to 2
        Jun 18, 2020 to Jan 20, 2021
      • HNW RAUM · $5.0M to $0
        Jun 18, 2020 to Jan 20, 2021
      • Individual RAUM · $0 to $800,000
        Jun 18, 2020 to Jan 20, 2021
      • Wrap assets (manager) · 100000.0 to unset
        Jun 18, 2020 to Jan 20, 2021
      • Wrap assets (sponsor) · 0.0 to unset
        Jun 18, 2020 to Jan 20, 2021
      • Other offices · 1 to 0
        Mar 9, 2020 to Mar 13, 2020
      • Accounts · 17 to 10
        Feb 19, 2019 to Mar 9, 2020
      • HNW clients · 0 to 2
        Feb 19, 2019 to Mar 9, 2020
      • Individual clients · 2 to 0
        Feb 19, 2019 to Mar 9, 2020
      • HNW RAUM · $0 to $5.0M
        Feb 19, 2019 to Mar 9, 2020
      • Individual RAUM · $750,000 to $0
        Feb 19, 2019 to Mar 9, 2020
      • Non-discretionary RAUM · $125M to $250M
        Feb 19, 2019 to Mar 9, 2020
      • RAUM · $125M to $250M
        Feb 19, 2019 to Mar 9, 2020
      • Wrap assets (manager) · $0 to $100,000
        Feb 19, 2019 to Mar 9, 2020
      • Accounts · 21 to 17
        Jan 16, 2019 to Feb 19, 2019
      • Charity clients · 1 to 0
        Jan 16, 2019 to Feb 19, 2019
      • Individual clients · 4 to 2
        Jan 16, 2019 to Feb 19, 2019
      • Individual RAUM · $4.0M to $750,000
        Jan 16, 2019 to Feb 19, 2019
      • Non-discretionary RAUM · $275M to $125M
        Jan 16, 2019 to Feb 19, 2019
      • RAUM · $275M to $125M
        Jan 16, 2019 to Feb 19, 2019
      • Other offices · 0 to 1
        Oct 24, 2018 to Jan 16, 2019
      • Accounts · 20 to 21
        Mar 7, 2017 to Feb 26, 2018
      • Charity clients · unset to 1.0
        Mar 7, 2017 to Feb 26, 2018
      • Corporate clients · unset to 0.0
        Mar 7, 2017 to Feb 26, 2018
      • HNW clients · unset to 0.0
        Mar 7, 2017 to Feb 26, 2018
      • Individual clients · unset to 4.0
        Mar 7, 2017 to Feb 26, 2018
      • Pension plan clients · unset to 0.0
        Mar 7, 2017 to Feb 26, 2018
      • Pooled vehicle clients · unset to 0.0
        Mar 7, 2017 to Feb 26, 2018
      Signals
      5 dated events
      • F•••• A••••••• F•••••••• A••••••• I••• reported RAUM $150.0M, down 40% from $250.0M (2021-04-01 to 2022-01-20)
        Jan 20, 2022 · RAUM change · derived
      • F•••• A••••••• F•••••••• A••••••• I••• reported RAUM $250.0M, up 100% from $125.0M (2019-02-19 to 2020-03-09)
        Mar 9, 2020 · RAUM change · derived
      • F•••• A••••••• F•••••••• A••••••• I••• reported RAUM $125.0M, down 55% from $275.0M (2019-01-16 to 2019-02-19)
        Feb 19, 2019 · RAUM change · derived
      • F•••• A••••••• F•••••••• A••••••• I••• reported RAUM $275.0M, up 67% from $165.0M (2017-03-07 to 2018-02-26)
        Feb 26, 2018 · RAUM change · derived
      • F•••• A••••••• F•••••••• A••••••• I••• filed its initial SEC registration (Form ADV)
        Jun 17, 2014 · ria f•••• adv filing · 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