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

Directional Financial Services

Independent wealth managerSeattle, WashingtonCRD 171903SEC 801-79954websiteIAPD
Legal name Directional Financial Services, LLC
Latest filing Mar 31, 2026
First filing on the tape Jun 16, 2014 · 23 filings
SEC status approved since Jun 27, 2014
RAUM
$11.5M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$11.5M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$2.9M
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
23 filings and snapshots on the tape
RAUM$11.5M as of Mar 31, 2026
Mar 30, 2015$1.4M then
HNW client RAUM$0 as of Mar 31, 2026
Mar 30, 2018$0 then
State-registered IARs (5.B.3)4 as of Mar 31, 2026
Mar 30, 20151 then
Employees (5.A)4 as of Mar 31, 2026
Mar 30, 20151 then
Private funds: no history
RAUM +27% over the last fiscal year+16% 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
  • 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
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$2.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
9derivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$336,768derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%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
+27%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-21%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$1.5M, 7 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
  • Individuals$11.5M100%
Individual clients
34reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
34reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$1.5M for 7 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Wyatt Justin Buller · Chief Compliance Officercontrol
    since 01/2021 · owns less than 5%
  • Robert Kenneth Smith · Membercontrol
    since 10/2010 · owns 50% to 75% of Empirical Wealth Management
Entity owners
  • Empirical Wealth Management · Owner
    direct · owns 75% or more
Related persons
Schedule D 7.A
  • Empirical Wealth Management
    investment adviseryRAUM $8.4B
  • Empirical Insurance, LLC
    real estaten
  • Empirical Properties, LLC
    investment companyy
  • Empirical Real Estate Services, Inc.
    investment companyy
  • Secure Legacy Law Group, P.C.
    n
Advisers that list Directional Financial Services as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Seattle, Wa · principal400
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 90 to 34
    Mar 27, 2025 to Mar 31, 2026
  • Individual clients · 43 to 34
    Mar 27, 2025 to Mar 31, 2026
  • Discretionary RAUM · $9.0M to $11.5M
    Mar 27, 2025 to Mar 31, 2026
  • Individual RAUM · $9.0M to $11.5M
    Mar 27, 2025 to Mar 31, 2026
  • RAUM · $9.0M to $11.5M
    Mar 27, 2025 to Mar 31, 2026
  • Accounts · 80 to 90
    Mar 28, 2024 to Mar 27, 2025
  • Advisory employees · 4 to 3
    Mar 28, 2024 to Mar 27, 2025
  • Individual clients · 35 to 43
    Mar 28, 2024 to Mar 27, 2025
  • Assets in custody · $8.8M to $1.5M
    Mar 28, 2024 to Mar 27, 2025
  • Employees · 6 to 4
    Mar 28, 2024 to Mar 27, 2025
  • Insurance-licensed employees · 0 to 4
    Mar 28, 2024 to Mar 27, 2025
  • Financial planning clients · 0 to 0
    Mar 28, 2024 to Mar 27, 2025
  • State-registered IARs · 5 to 4
    Mar 28, 2024 to Mar 27, 2025
  • Discretionary RAUM · $9.3M to $9.0M
    Mar 28, 2024 to Mar 27, 2025
  • Individual RAUM · $9.3M to $9.0M
    Mar 28, 2024 to Mar 27, 2025
  • RAUM · $9.3M to $9.0M
    Mar 28, 2024 to Mar 27, 2025
  • Accounts · 74 to 80
    Mar 29, 2023 to Mar 28, 2024
  • Advisory employees · 6 to 4
    Mar 29, 2023 to Mar 28, 2024
  • Individual clients · 37 to 35
    Mar 29, 2023 to Mar 28, 2024
  • Assets in custody · $1.0M to $8.8M
    Mar 29, 2023 to Mar 28, 2024
  • Employees · 7 to 6
    Mar 29, 2023 to Mar 28, 2024
  • State-registered IARs · 4 to 5
    Mar 29, 2023 to Mar 28, 2024
  • Other offices · 3 to 0
    Mar 29, 2023 to Mar 28, 2024
  • Discretionary RAUM · $7.3M to $9.3M
    Mar 29, 2023 to Mar 28, 2024
  • Individual RAUM · $7.3M to $9.3M
    Mar 29, 2023 to Mar 28, 2024
  • RAUM · $7.3M to $9.3M
    Mar 29, 2023 to Mar 28, 2024
  • Accounts · 79 to 74
    Mar 31, 2022 to Mar 29, 2023
  • Advisory employees · 7 to 6
    Mar 31, 2022 to Mar 29, 2023
  • Individual clients · 39 to 37
    Mar 31, 2022 to Mar 29, 2023
  • Assets in custody · $1.2M to $1.0M
    Mar 31, 2022 to Mar 29, 2023
  • Employees · 8 to 7
    Mar 31, 2022 to Mar 29, 2023
  • Insurance-licensed employees · 6 to 0
    Mar 31, 2022 to Mar 29, 2023
  • State-registered IARs · 6 to 4
    Mar 31, 2022 to Mar 29, 2023
  • Other offices · 2 to 3
    Mar 31, 2022 to Mar 29, 2023
  • Discretionary RAUM · $8.2M to $7.3M
    Mar 31, 2022 to Mar 29, 2023
  • Individual RAUM · $8.2M to $7.3M
    Mar 31, 2022 to Mar 29, 2023
  • RAUM · $8.2M to $7.3M
    Mar 31, 2022 to Mar 29, 2023
  • Accounts · 78 to 79
    Mar 31, 2021 to Mar 31, 2022
  • Advisory employees · 8 to 7
    Mar 31, 2021 to Mar 31, 2022
  • Individual clients · 43 to 39
    Mar 31, 2021 to Mar 31, 2022
Signals
11 dated events
  • Lindsay Marie Farnsworth no longer registered at Directional Financial Services; no later IA registration on IAPD
    Mar 20, 2024 · Advisor departure · fact
  • John Thomas Miller no longer registered at Directional Financial Services; no later IA registration on IAPD
    Mar 20, 2024 · Advisor departure · fact
  • Patrick Michael Kelly (Chief Investment Officer) no longer on Schedule A of Directional Financial Services (listed 2021-03-31, absent 2022-03-31)
    Mar 31, 2022 · Control person left · inference
  • Andrew Ethan Broga (Member) no longer on Schedule A of Directional Financial Services (listed 2021-03-31, absent 2022-03-31)
    Mar 31, 2022 · Control person left · inference
  • David Lorne Enquist (Chief Financial Officer And Member) no longer on Schedule A of Directional Financial Services (listed 2021-03-31, absent 2022-03-31)
    Mar 31, 2022 · Control person left · inference
  • Chelan Christina Jaime White (Chief Operating Officer) no longer on Schedule A of Directional Financial Services (listed 2021-03-31, absent 2022-03-31)
    Mar 31, 2022 · Control person left · inference
  • Wyatt Justin Buller (Chief Compliance Officer) appeared on Schedule A of Directional Financial Services
    Feb 10, 2021 · Control person joined · fact
  • Chelan Christina Jaime White (Chief Operating Officer) appeared on Schedule A of Directional Financial Services
    Mar 25, 2019 · Control person joined · fact
  • Chong Hwa Park (Chief Operating Officer) no longer on Schedule A of Directional Financial Services (listed 2018-03-30, absent 2019-03-25)
    Mar 25, 2019 · Control person left · inference
  • Directional Financial Services reported 5 state-registered advisory representatives, down from 19 (2017-03-29 to 2018-03-30)
    Mar 30, 2018 · Advisor headcount change · derived
  • Directional Financial Services filed its initial SEC registration (Form ADV)
    Jun 16, 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 phone
206-508-3240reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
800-515-2157reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
800-923-4307reportedpublished by the firm, firm site, Sep 16, 2026
Website
DIRECTIONALFS.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
206-508-3240reportedpublic record, Form ADV, Mar 31, 2026
Contact form
directionalfs.com/contact-usreportedpublished by the firm, firm site, Sep 16, 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
$2.9Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026