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SEC-registered adviser

S•••••••• W••••• M••••••••• L••

Independent wealth managerBedford, TexasCRD 171908SEC 801-112757websiteIAPD
Latest filing Mar 9, 2026
First filing on the tape Mar 2, 2018 · 20 filings
SEC status approved since Apr 2, 2018
RAUM
$158M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$157M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$78.9M
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$158M as of Mar 9, 2026
Jan 31, 2019$94.5M then
HNW client RAUM$127M as of Mar 9, 2026
Jan 31, 2019$77.9M then
State-registered IARs (5.B.3)2 as of Mar 9, 2026
Jan 31, 20193 then
Employees (5.A)4 as of Mar 9, 2026
Jan 31, 20196 then
Private funds: no history
RAUM +21% over the last fiscal year+6.0% a year over threeIARs 3 to 2
Practice profile
derived from the filing of Mar 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
  • i••••••••• 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$78.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
87derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$446,920derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
-33%derivedItem 5.B.3 between annual amendments
Client growth, one year
-1.1%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$29.9M, 68 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)
  • compensates non-employees for client referrals (8.G.2)
  • 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$127M81%
  • Individuals$29.4M19%
  • Corporations and businesses$1.0M0.6%
Individual clients
110reported
HNW clients
64reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
353reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$29.9M for 68 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M•••••• M• C•••••Certified Financial PlannerBedford, TxOct 6, 201415 y2
M•••••• T••••• H••••••Certified Financial PlannerBedford, TxSep 24, 201511 y0
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
  • C•••••• M••••••• M• · President & Chief Compliance Officercontrol
    since 01/2019 · 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
OfficeAdvisorsJoinedLeftTeams outForming
Bedford, Tx · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 352 to 353
    Mar 20, 2025 to Mar 9, 2026
  • BD registered reps · 3 to 2
    Mar 20, 2025 to Mar 9, 2026
  • Corporate clients · 1 to 2
    Mar 20, 2025 to Mar 9, 2026
  • HNW clients · 71 to 64
    Mar 20, 2025 to Mar 9, 2026
  • Individual clients · 105 to 110
    Mar 20, 2025 to Mar 9, 2026
  • Assets in custody · $19.6M to $29.9M
    Mar 20, 2025 to Mar 9, 2026
  • Employees · 5 to 4
    Mar 20, 2025 to Mar 9, 2026
  • State-registered IARs · 3 to 2
    Mar 20, 2025 to Mar 9, 2026
  • Discretionary RAUM · $131M to $158M
    Mar 20, 2025 to Mar 9, 2026
  • HNW RAUM · $108M to $127M
    Mar 20, 2025 to Mar 9, 2026
  • Individual RAUM · $22.0M to $29.4M
    Mar 20, 2025 to Mar 9, 2026
  • RAUM · $131M to $158M
    Mar 20, 2025 to Mar 9, 2026
  • Accounts · 338 to 352
    Jun 25, 2024 to Mar 20, 2025
  • HNW clients · 64 to 71
    Jun 25, 2024 to Mar 20, 2025
  • Individual clients · 101 to 105
    Jun 25, 2024 to Mar 20, 2025
  • Assets in custody · $19.1M to $19.6M
    Jun 25, 2024 to Mar 20, 2025
  • Financial planning clients · 0 to 0
    Jun 25, 2024 to Mar 20, 2025
  • Discretionary RAUM · $118M to $131M
    Jun 25, 2024 to Mar 20, 2025
  • HNW RAUM · $99.1M to $108M
    Jun 25, 2024 to Mar 20, 2025
  • Individual RAUM · $18.6M to $22.0M
    Jun 25, 2024 to Mar 20, 2025
  • RAUM · $118M to $131M
    Jun 25, 2024 to Mar 20, 2025
  • Related broker-dealer · true to false
    Feb 28, 2024 to Jun 25, 2024
  • Accounts · 373 to 338
    Aug 31, 2023 to Feb 28, 2024
  • Charity clients · 1.0 to unset
    Aug 31, 2023 to Feb 28, 2024
  • Corporate clients · 2 to 1
    Aug 31, 2023 to Feb 28, 2024
  • HNW clients · 61 to 64
    Aug 31, 2023 to Feb 28, 2024
  • Individual clients · 107 to 101
    Aug 31, 2023 to Feb 28, 2024
  • Assets in custody · $24.8M to $19.1M
    Aug 31, 2023 to Feb 28, 2024
  • Discretionary RAUM · $132M to $118M
    Aug 31, 2023 to Feb 28, 2024
  • HNW RAUM · $112M to $99.1M
    Aug 31, 2023 to Feb 28, 2024
  • Individual RAUM · $19.5M to $18.6M
    Aug 31, 2023 to Feb 28, 2024
  • RAUM · $132M to $118M
    Aug 31, 2023 to Feb 28, 2024
  • Related broker-dealer · false to true
    Aug 31, 2023 to Feb 28, 2024
  • Related broker-dealer · true to false
    Feb 28, 2023 to Aug 31, 2023
  • Accounts · 423 to 373
    Mar 23, 2022 to Feb 28, 2023
  • Charity clients · unset to 1.0
    Mar 23, 2022 to Feb 28, 2023
  • Corporate clients · unset to 2.0
    Mar 23, 2022 to Feb 28, 2023
  • HNW clients · 69 to 61
    Mar 23, 2022 to Feb 28, 2023
  • Individual clients · 101 to 107
    Mar 23, 2022 to Feb 28, 2023
  • Assets in custody · $27.0M to $24.8M
    Mar 23, 2022 to Feb 28, 2023
Signals
4 dated events
  • Marie Jeanine Benenati (Chief Compliance Officer) no longer on Schedule A of S•••••••• W••••• M••••••••• L•• (listed 2020-06-10, absent 2020-10-08)
    Oct 8, 2020 · Control person left · inference
  • S•••••••• W••••• M••••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Jan 31, 2019 · Succession (Item 4) · fact
  • M Matthew Condit (President) appeared on Schedule A of S•••••••• W••••• M••••••••• L••
    Jan 31, 2019 · Control person joined · fact
  • S•••••••• W••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
    Mar 2, 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
817-391-1090reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
817-391-1091reportedpublished by the firm, firm site, Sep 16, 2026
Website
S••••••••WEALTHMGMT.COMreportedpublic record, Form ADV, Sep 21, 2026
Principal office phone
(817) 391-1090reportedpublic record, Form ADV, Mar 9, 2026
Contact form
s•••••••••.comreportedpublished by the firm, firm site, Sep 16, 2026
Team page
s•••••••••.comreportedpublished 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
$78.9Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026