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•••• F••••••••

Independent wealth managerArden Hills, MinnesotaCRD 171441SEC 801-113328websiteIAPD
Legal name P•••• F••••••••• L••
Latest filing Feb 9, 2026
First filing on the tape Apr 30, 2018 · 14 filings
SEC status approved since May 30, 2018
RAUM
$498M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$491M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$124M
derived; firm RAUM over IAPD count
Employees
8
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$498M as of Feb 9, 2026
Mar 2, 2019$142M then
HNW client RAUM$396M as of Feb 9, 2026
Mar 2, 2019$85.0M then
State-registered IARs (5.B.3)4 as of Feb 9, 2026
Mar 2, 20192 then
Employees (5.A)8 as of Feb 9, 2026
Mar 2, 20194 then
Private funds: no history
RAUM +25% over the last fiscal year+20% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Feb 9, 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
$124MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
99derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$263,204derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+25%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+5.6%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$42.3M, 157 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$396M80%
  • Individuals$95.0M19%
  • Pension and profit-sharing plans$6.7M1.3%
  • Corporations and businesses$2,2070.0%
Individual clients
211reported
HNW clients
183reported
Pension plan clients
n/areported
Charitable clients
0reported
Accounts
1,892reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$42.3M for 157 clientsreported
Compensation
% of AUM, fixedreported
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
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J••••• D••••• P••••Certified Financial PlannerArden H•••S, MnMay 19, 201412 y1
J••••• J•••••• G••••••Certified Financial PlannerArden H•••S, MnJul 28, 202114 y0
A••• E•••••••• L•••Certified Financial PlannerArden H•••S, MnJun 21, 202310 y0
R•••••• E••••• H•••Certified Financial PlannerArden H•••S, MnFeb 4, 202627 y1
Advisor movement
0 left, 1 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • P••••• J•••• M•••••• · Membercontrol
    since 05/2014 · owns 25% to 50%
  • P••••• J•••••• D••••• · Chief Compliance Officer/Membercontrol
    since 05/2014 · owns 50% to 75%
  • G••••••• J•••••• J•••••• · Member
    since 04/2024 · owns 5% to 10%
  • P••••• D•••••• C•••••• · Member
    since 05/2014 · owns 5% to 10%
Related persons
Schedule D 7.A
  • P•••• • P••••• P•
    insurancen
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Arden H•••S, Mn · principal410
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 1,750 to 1,892
    Feb 20, 2025 to Feb 9, 2026
  • Advisory employees · 3 to 4
    Feb 20, 2025 to Feb 9, 2026
  • HNW clients · 148 to 183
    Feb 20, 2025 to Feb 9, 2026
  • Individual clients · 225 to 211
    Feb 20, 2025 to Feb 9, 2026
  • Assets in custody · $36.9M to $42.3M
    Feb 20, 2025 to Feb 9, 2026
  • Employees · 6 to 8
    Feb 20, 2025 to Feb 9, 2026
  • Financial planning clients · 11-25 to 1-10
    Feb 20, 2025 to Feb 9, 2026
  • Discretionary RAUM · $400M to $498M
    Feb 20, 2025 to Feb 9, 2026
  • HNW RAUM · $292M to $396M
    Feb 20, 2025 to Feb 9, 2026
  • Individual RAUM · $103M to $95.0M
    Feb 20, 2025 to Feb 9, 2026
  • Pension RAUM · $5.0M to $6.7M
    Feb 20, 2025 to Feb 9, 2026
  • RAUM · $400M to $498M
    Feb 20, 2025 to Feb 9, 2026
  • Accounts · 1,603 to 1,750
    Apr 30, 2024 to Feb 20, 2025
  • HNW clients · 138 to 148
    Apr 30, 2024 to Feb 20, 2025
  • Individual clients · 201 to 225
    Apr 30, 2024 to Feb 20, 2025
  • Assets in custody · $33.6M to $36.9M
    Apr 30, 2024 to Feb 20, 2025
  • Financial planning clients · 1-10 to 11-25
    Apr 30, 2024 to Feb 20, 2025
  • Discretionary RAUM · $340M to $400M
    Apr 30, 2024 to Feb 20, 2025
  • HNW RAUM · $252M to $292M
    Apr 30, 2024 to Feb 20, 2025
  • Individual RAUM · $84.4M to $103M
    Apr 30, 2024 to Feb 20, 2025
  • Pension RAUM · $4.2M to $5.0M
    Apr 30, 2024 to Feb 20, 2025
  • RAUM · $340M to $400M
    Apr 30, 2024 to Feb 20, 2025
  • Accounts · 1,455 to 1,603
    Feb 22, 2023 to Mar 19, 2024
  • HNW clients · 117 to 138
    Feb 22, 2023 to Mar 19, 2024
  • Individual clients · 184 to 201
    Feb 22, 2023 to Mar 19, 2024
  • Assets in custody · $29.9M to $33.6M
    Feb 22, 2023 to Mar 19, 2024
  • Employees · 5 to 6
    Feb 22, 2023 to Mar 19, 2024
  • State-registered IARs · 3 to 4
    Feb 22, 2023 to Mar 19, 2024
  • Discretionary RAUM · $285M to $340M
    Feb 22, 2023 to Mar 19, 2024
  • HNW RAUM · $201M to $252M
    Feb 22, 2023 to Mar 19, 2024
  • Individual RAUM · $80.4M to $84.4M
    Feb 22, 2023 to Mar 19, 2024
  • Pension RAUM · $3.5M to $4.2M
    Feb 22, 2023 to Mar 19, 2024
  • RAUM · $285M to $340M
    Feb 22, 2023 to Mar 19, 2024
  • Accounts · 1,272 to 1,455
    Mar 18, 2022 to Feb 22, 2023
  • Corporate clients · 1.0 to unset
    Mar 18, 2022 to Feb 22, 2023
  • HNW clients · 98 to 117
    Mar 18, 2022 to Feb 22, 2023
  • Individual clients · 176 to 184
    Mar 18, 2022 to Feb 22, 2023
  • Pension plan clients · 3.0 to unset
    Mar 18, 2022 to Feb 22, 2023
  • Assets in custody · $275M to $29.9M
    Mar 18, 2022 to Feb 22, 2023
  • Employees · 6 to 5
    Mar 18, 2022 to Feb 22, 2023
Signals
1 dated events
  • P•••• F•••••••• filed its initial SEC registration (Form ADV)
    Apr 30, 2018 · 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
651-287-3712reportedpublished by the firm, firm site, Sep 15, 2026
Website
p•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
651-287-3712reportedpublic record, Form ADV, Feb 9, 2026
Contact form
p•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
Team page
p•••••••••.comreportedpublished 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
$124Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026