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

W••••• I••••••••• P••••••• L••

Asset manager (funds and pooled vehicles)Carmel, CaliforniaCRD 172452SEC 801-80274websiteIAPD
Latest filing Aug 28, 2026
First filing on the tape Aug 22, 2014 · 21 filings
SEC status approved since Jul 31, 2014
RAUM
$330M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
18
8 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$330M as of Aug 28, 2026
Mar 27, 2015$159M then
HNW client RAUM$0 as of Aug 28, 2026
Mar 29, 2018$0 then
State-registered IARs (5.B.3)0 as of Aug 28, 2026
Mar 27, 20150 then
Employees (5.A)18 as of Aug 28, 2026
Mar 27, 201519 then
Private funds1 as of Aug 28, 2026
Mar 27, 20151 then
RAUM -15% over the last fiscal year-9.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Aug 28, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$47.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
-15%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
$279M, 6 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • 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
  • Pooled investment vehicles$279M85%
  • Investment companies$51.1M15%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
7reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$279M for 6 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 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
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      4 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B•••• A•••••• F•••••••• · Directorcontrol
        since 07/2014 · owns less than 5%
      • D••••••• G••••••••• P••••• · Presidentcontrol
        since 02/2021 · owns less than 5%
      • M••••••• T•••• W••••• · Chief Financial Officercontrol
        since 10/2018 · owns less than 5%
      • N•••••• D••••• S•••• · Chief Compliance Officercontrol
        since 07/2014 · owns less than 5%
      • P•••••• D•••••• H•••••• · Directorcontrol
        since 07/2014 · owns less than 5%
      • W•••••• A••••••• L••• · Board Chaircontrol
        since 07/2014 · owns less than 5%
      • W•••••• P••••••• L•••• · Chief Executive Officercontrol
        since 07/2014 · owns less than 5%
      • L••••••• M•••••• D•••• · Managing Membercontrol
        since 06/2019 · owns F of N••• C•••••• G•••• H••••••• L••
      • P•••••• D•••••• H•••••• · Managing Partnercontrol
        since 06/2005 · owns F of G•••• P••••••• L••
      • W•••••• A••••••• L••• · Trusteecontrol
        since 01/1992 · owns F of T•• W••••• F••••• T•••• D•••• J•••••• 2•• 1•••
      • W•••••• P••••••• L•••• · Trusteecontrol
        since 01/1992 · owns F of T•• W••••• F••••• T•••• D•••• J•••••• 2•• 1•••
      Entity owners
      • W••••• I••••••••• C••••••••• · Managing Member
        direct · owns 50% to 75%
      • D••••••• T•••• C•••••• · Trustee
        indirect · owns F of L•••• E••••••• T••••
      • G•••• P••••••• L•• · General Partner
        indirect · owns F of T•• C•••••• F••• L•••
      • L•••• E••••••• T•••• · Limited Partner
        indirect · owns 50% to 75% of T•• C•••••• F••• L•••
      • T•• C•••••• F••• L••• · Managing Member
        indirect · owns F of C•••••• W••••• L••
      • T•• W••••• F••••• T•••• D•••• J•••••• 2•• 1••• · Sole Shareholder
        indirect · owns 75% or more of W••••• I••••••••• C•••••••••
      • C•••••• W••••• L•• · Member
        direct · owns 10% to 25%
      • N••• C•••••• G•••• H••••••• L•• · Member
        direct · owns 10% to 25%
      Related persons
      Schedule D 7.A
      • W••••• G••••• F•••• M••••••••• C•••••••••
        bankn
      Advisers that list W••••• I••••••••• P••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY2 employees
      What changed
      consecutive filings, newest first
      • Private funds · 2 to 1
        Mar 30, 2026 to Aug 28, 2026
      • Assets in custody · $351M to $279M
        Mar 31, 2025 to Mar 30, 2026
      • Employees · 19 to 18
        Mar 31, 2025 to Mar 30, 2026
      • Discretionary RAUM · $388M to $330M
        Mar 31, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $351M to $279M
        Mar 31, 2025 to Mar 30, 2026
      • RAUM · $388M to $330M
        Mar 31, 2025 to Mar 30, 2026
      • Accounts · 6 to 7
        Jan 30, 2025 to Mar 31, 2025
      • Advisory employees · 10 to 8
        Jan 30, 2025 to Mar 31, 2025
      • Assets in custody · $440M to $351M
        Jan 30, 2025 to Mar 31, 2025
      • Employees · 22 to 19
        Jan 30, 2025 to Mar 31, 2025
      • Financial planning clients · unset to
        Jan 30, 2025 to Mar 31, 2025
      • Discretionary RAUM · $440M to $388M
        Jan 30, 2025 to Mar 31, 2025
      • Pooled vehicle RAUM · $440M to $351M
        Jan 30, 2025 to Mar 31, 2025
      • RAUM · $440M to $388M
        Jan 30, 2025 to Mar 31, 2025
      • Related bank · true to false
        Jan 30, 2025 to Mar 31, 2025
      • Accounts · 8 to 6
        Mar 31, 2023 to Mar 29, 2024
      • Advisory employees · 9 to 10
        Mar 31, 2023 to Mar 29, 2024
      • Advisory activities · 1 to 2
        Mar 31, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 8 to 6
        Mar 31, 2023 to Mar 29, 2024
      • Assets in custody · $443M to $440M
        Mar 31, 2023 to Mar 29, 2024
      • Employees · 20 to 22
        Mar 31, 2023 to Mar 29, 2024
      • Private funds · 3 to 2
        Mar 31, 2023 to Mar 29, 2024
      • Discretionary RAUM · $443M to $440M
        Mar 31, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $443M to $440M
        Mar 31, 2023 to Mar 29, 2024
      • RAUM · $443M to $440M
        Mar 31, 2023 to Mar 29, 2024
      • Advisory activities · 2 to 1
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · $452M to $443M
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $452M to $443M
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $452M to $443M
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $452M to $443M
        Mar 31, 2022 to Mar 31, 2023
      • Advisory employees · 3 to 9
        Mar 31, 2021 to Mar 31, 2022
      • Assets in custody · $328M to $452M
        Mar 31, 2021 to Mar 31, 2022
      • Discretionary RAUM · $328M to $452M
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $328M to $452M
        Mar 31, 2021 to Mar 31, 2022
      • RAUM · $328M to $452M
        Mar 31, 2021 to Mar 31, 2022
      • Accounts · 6 to 8
        Mar 30, 2020 to Mar 31, 2021
      • Advisory employees · 5 to 3
        Mar 30, 2020 to Mar 31, 2021
      • Advisory activities · 3 to 2
        Mar 30, 2020 to Mar 31, 2021
      • Pooled vehicle clients · 6 to 8
        Mar 30, 2020 to Mar 31, 2021
      • Assets in custody · $269M to $328M
        Mar 30, 2020 to Mar 31, 2021
      Signals
      9 dated events
      • Duane Melvin Lindsey (Managing Member) appeared on Schedule A of W••••• I••••••••• P••••••• L••
        Mar 31, 2022 · Control person joined · fact
      • W••••• I••••••••• P••••••• L•• reported RAUM $451.9M, up 38% from $327.5M (2021-03-31 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Constantine Basil Williams (President) no longer on Schedule A of W••••• I••••••••• P••••••• L•• (listed 2020-03-30, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • W••••• I••••••••• P••••••• L•• reported RAUM $268.6M, down 35% from $412.0M (2019-05-31 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • Constantine Basil Williams (President) appeared on Schedule A of W••••• I••••••••• P••••••• L••
        Mar 31, 2019 · Control person joined · fact
      • W••••• T••• M•••••• (Chief Financial Officer) appeared on Schedule A of W••••• I••••••••• P••••••• L••
        Mar 31, 2019 · Control person joined · fact
      • W••••• I••••••••• P••••••• L•• reported RAUM $477.4M, up 35% from $353.4M (2017-05-03 to 2018-03-29)
        Mar 29, 2018 · RAUM change · derived
      • W••••• I••••••••• P••••••• L•• filed its initial SEC registration (Form ADV)
        Aug 22, 2014 · First SEC registration · fact
      • W••••• I••••••••• P••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Aug 22, 2014 · Succession (Item 4) · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/weltonreportedpublic record, Form ADV, Sep 19, 2026
      Website
      W•••••.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      831-626-5190reportedpublic record, Form ADV, Aug 28, 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
      Asset manager (funds and pooled vehicles)deriveda 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