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

G&S Capital LLC

Independent wealth managerDenver, ColoradoCRD 171033SEC 801-79801website IAPD

Latest filing May 1, 2026

First filing on the tape May 19, 2014 · 51 filings

SEC status approved since May 27, 2014

RAUM

$476M

reported, Item 5.F

Discretionary

97%

of RAUM

Private clients

99%

$472M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$79.3M

derived; firm RAUM over IAPD count

Employees

5 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

51 filings and snapshots on the tape

RAUM$476M as of May 1, 2026

Jan 26, 2015$132M then

HNW client RAUM$363M as of May 1, 2026

Mar 9, 2018$152M then

State-registered IARs (5.B.3)5 as of May 1, 2026

Jan 26, 20153 then

Employees (5.A)9 as of May 1, 2026

Jan 26, 20156 then

Private funds: no history

RAUM +22% over the last fiscal year+16% a year over threeIARs 5 to 5

Practice profile

derived from the filing of May 1, 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

RAUM per advisor: $79.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 70derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $2.3MderivedHNW RAUM over HNW clients
Average account: $375,984derivedRAUM over accounts (5.F.2.f)
Discretionary: 97%derivedof RAUM
Institutional: 0.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 1.5derivedItem 5.A over advisors
Advisors per office: 6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year: +22%derivedbetween the last two annual amendments
Advisor growth, one year: +0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year: +6.9%derived
Compensation: percentage of assets, hourly, otherreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
Custody: $70.3M, 89 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)
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$363M76%
Individuals$109M23%
Pension and profit-sharing plans$3.6M0.8%

Individual clients: 264reported
HNW clients: 157reported
Pension plan clients: n/areported
Charitable clients: n/areported
Accounts: 1,265reported
Financial planning clients: 251-500reported
Wrap fee programs: noreported
Custody of client assets: $70.3M for 89 clientsreported
Compensation: % of AUM, hourlyreported
Class basis: private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived

Advisors registered through the firm

6 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
Justin Lloyd SoucieCertified Financial Planner	Denver, Co	May 28, 2014	22 y	2
Ryan Buckley WilliamsCertified Financial Planner	Denver, Co	Mar 22, 2016	14 y	2
Louis Waters HarrisCertified Financial Planner	Denver, Co	Apr 16, 2019	14 y	1
Gregory Stone BrownChartered Financial Analyst	Denver, Co	Aug 8, 2022	30 y	1
Scott A. Jensen	Denver, Co	Dec 6, 2024	18 y	0
April Horace	Denver, Co	May 4, 2026	14 y	4

Advisor movement

0 left, 1 joined in 12 months

net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months

Left, latest

Parker Allen Maxwell to Valeo Financial Advisors, LLC
Jan 17, 2019 · RIA to RIA
Jeffrey Scott Arnold to Impactfolio LLC
Dec 12, 2017 · Other

Joined, latest

April Horace from Ashton Thomas Private Wealth
May 4, 2026 · RIA to RIA
Gregory Stone Brown from Schwab Wealth Advisory, Inc.
Aug 8, 2022 · Other
Louis Waters Harris from Scenic Wealth Management, LLC
Apr 16, 2019 · Other
Parker Allen Maxwell from Charles Schwab & Co., Inc.
Apr 11, 2018 · Affiliated broker-dealer or bank to independent RIA
Ryan Buckley Williams from Iron Chest Financial, LLC
Mar 22, 2016 · Other
Justin Lloyd Soucie from LPL Financial LLC
May 28, 2014 · Other
Jeffrey Scott Arnold from LPL Financial LLC
May 28, 2014 · Other

Every departure Every arrival

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

Lloyd Justin Soucie · Manager, Chief Executive Officer, Chief Investment Officer, Chief Compliance Officercontrol
since 03/2005 · owns 75% or more

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
Denver, Co · principal	6	1	0

Offices

Schedule D 1.F, the 25 largest

No branch office listed.

What changed

consecutive filings, newest first

Accounts · 1,164 to 1,265
Nov 6, 2025 to Mar 16, 2026
HNW clients · 146 to 157
Nov 6, 2025 to Mar 16, 2026
Individual clients · 248 to 264
Nov 6, 2025 to Mar 16, 2026
Pension plan clients · 8.0 to unset
Nov 6, 2025 to Mar 16, 2026
Assets in custody · $61.9M to $70.3M
Nov 6, 2025 to Mar 16, 2026
Employees · 8 to 9
Nov 6, 2025 to Mar 16, 2026
Discretionary RAUM · $384M to $463M
Nov 6, 2025 to Mar 16, 2026
HNW RAUM · $298M to $363M
Nov 6, 2025 to Mar 16, 2026
Individual RAUM · $88.6M to $109M
Nov 6, 2025 to Mar 16, 2026
Non-discretionary RAUM · $4.9M to $12.5M
Nov 6, 2025 to Mar 16, 2026
Pension RAUM · $2.3M to $3.6M
Nov 6, 2025 to Mar 16, 2026
RAUM · $389M to $476M
Nov 6, 2025 to Mar 16, 2026
RAUM · $338M to $389M
Jan 16, 2025 to Feb 17, 2025
Accounts · 1,089 to 1,164
Jan 16, 2025 to Feb 17, 2025
Advisory employees · 4 to 5
Jan 16, 2025 to Feb 17, 2025
HNW clients · 129 to 146
Jan 16, 2025 to Feb 17, 2025
Individual clients · 250 to 248
Jan 16, 2025 to Feb 17, 2025
Pension plan clients · 9 to 8
Jan 16, 2025 to Feb 17, 2025
Assets in custody · $54.4M to $61.9M
Jan 16, 2025 to Feb 17, 2025
Financial planning clients · 251-500 to 251-500
Jan 16, 2025 to Feb 17, 2025
State-registered IARs · 4 to 5
Jan 16, 2025 to Feb 17, 2025
Discretionary RAUM · $338M to $384M
Jan 16, 2025 to Feb 17, 2025
HNW RAUM · $248M to $298M
Jan 16, 2025 to Feb 17, 2025
Individual RAUM · $85.4M to $88.6M
Jan 16, 2025 to Feb 17, 2025
Non-discretionary RAUM · $0 to $4.9M
Jan 16, 2025 to Feb 17, 2025
Pension RAUM · $2.6M to $2.3M
Jan 16, 2025 to Feb 17, 2025
Accounts · 1,049 to 1,089
Nov 6, 2023 to Mar 20, 2024
Advisory employees · 5 to 4
Nov 6, 2023 to Mar 20, 2024
HNW clients · 124 to 129
Nov 6, 2023 to Mar 20, 2024
Individual clients · 243 to 250
Nov 6, 2023 to Mar 20, 2024
Assets in custody · $47.6M to $54.4M
Nov 6, 2023 to Mar 20, 2024
Employees · 9 to 8
Nov 6, 2023 to Mar 20, 2024
State-registered IARs · 5 to 4
Nov 6, 2023 to Mar 20, 2024
Discretionary RAUM · $304M to $338M
Nov 6, 2023 to Mar 20, 2024
HNW RAUM · $226M to $248M
Nov 6, 2023 to Mar 20, 2024
Individual RAUM · $73.2M to $85.4M
Nov 6, 2023 to Mar 20, 2024
Pension RAUM · $2.3M to $2.6M
Nov 6, 2023 to Mar 20, 2024
RAUM · $304M to $338M
Nov 6, 2023 to Mar 20, 2024
Accounts · 942 to 1,049
Nov 3, 2022 to Mar 13, 2023
Advisory employees · 4 to 5
Nov 3, 2022 to Mar 13, 2023

Signals

4 dated events

Hughes Bryan Nicholls (Chief Compliance Officer, Chief Operating Officer) no longer on Schedule A of G&S Capital Llc (listed 2024-03-21, absent 2024-06-03)
Jun 3, 2024 · Control person left · inference
Hughes Bryan Nicholls (Chief Compliance Officer, Chief Operating Officer) appeared on Schedule A of G&S Capital Llc
Jan 23, 2019 · Control person joined · fact
P David Groat (Chief Compliance Officer/Manager) no longer on Schedule A of G&S Capital Llc (listed 2018-05-29, absent 2019-01-23)
Jan 23, 2019 · Control person left · inference
G&S Capital Llc filed its initial SEC registration (Form ADV)
May 19, 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

Business email: gandscapital@gandscapital.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone: 303-773-8000reportedpublished by the firm, firm site, Sep 15, 2026
Business phone: 303-773-8008reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile: linkedin.com/company/g&s-capital-llcreportedpublic record, Form ADV, Sep 17, 2026
Website: gandscapital.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone: 303-773-8000reportedpublic record, Form ADV, May 1, 2026
Team page: gandscapital.com/our-teamreportedpublished by the firm, firm site, Sep 15, 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: $79.3Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026