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

B••••••••• C••••••

Independent wealth managerKalamazoo, MichiganCRD 172498SEC 801-118620websiteIAPD
Legal name B••••••••• C••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Mar 31, 2020 · 11 filings
SEC status approved since Apr 30, 2020
RAUM
$157M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
94%
$147M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$78.3M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$157M as of Mar 31, 2026
Mar 27, 2021$126M then
HNW client RAUM$119M as of Mar 31, 2026
Mar 27, 2021$106M then
State-registered IARs (5.B.3)2 as of Mar 31, 2026
Mar 27, 20211 then
Employees (5.A)2 as of Mar 31, 2026
Mar 27, 20211 then
Private funds: no history
RAUM +9.9% over the last fiscal year+11% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 31, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$78.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
69derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$336,146derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
5.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+9.9%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.2%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$119M76%
  • Individuals$28.7M18%
  • Charitable organizations$9.2M5.9%
Individual clients
90reported
HNW clients
47reported
Pension plan clients
0reported
Charitable clients
6reported
Accounts
466reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=0.94 fund_share=0.0 institutional_share=0.06 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••• M•••••• P••••••Certified Financial PlannerKalamazoo, MiMay 18, 201524 y2
L•••• W•••••• M•••••••••Certified Financial Planner, Chartered Financial AnalystKalamazoo, MiJan 1, 202511 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
  • P••••••• R•••• M•••••• · President & Ccocontrol
    since 07/2014 · 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
Kalamazoo, Mi · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 470 to 466
    Mar 29, 2025 to Mar 31, 2026
  • Charity clients · 5 to 6
    Mar 29, 2025 to Mar 31, 2026
  • HNW clients · 48 to 47
    Mar 29, 2025 to Mar 31, 2026
  • Individual clients · 81 to 90
    Mar 29, 2025 to Mar 31, 2026
  • Discretionary RAUM · $143M to $157M
    Mar 29, 2025 to Mar 31, 2026
  • HNW RAUM · $109M to $119M
    Mar 29, 2025 to Mar 31, 2026
  • Individual RAUM · $26.3M to $28.7M
    Mar 29, 2025 to Mar 31, 2026
  • RAUM · $143M to $157M
    Mar 29, 2025 to Mar 31, 2026
  • Accounts · 445 to 470
    Mar 18, 2024 to Mar 29, 2025
  • HNW clients · 44 to 48
    Mar 18, 2024 to Mar 29, 2025
  • Financial planning clients · 26-50 to 0
    Mar 18, 2024 to Mar 29, 2025
  • Discretionary RAUM · $128M to $143M
    Mar 18, 2024 to Mar 29, 2025
  • HNW RAUM · $92.4M to $109M
    Mar 18, 2024 to Mar 29, 2025
  • Individual RAUM · $28.9M to $26.3M
    Mar 18, 2024 to Mar 29, 2025
  • RAUM · $128M to $143M
    Mar 18, 2024 to Mar 29, 2025
  • Accounts · 416 to 445
    Apr 3, 2023 to Mar 18, 2024
  • Charity clients · 2 to 5
    Apr 3, 2023 to Mar 18, 2024
  • HNW clients · 66 to 44
    Apr 3, 2023 to Mar 18, 2024
  • Individual clients · 43 to 81
    Apr 3, 2023 to Mar 18, 2024
  • Discretionary RAUM · $115M to $128M
    Apr 3, 2023 to Mar 18, 2024
  • HNW RAUM · $95.9M to $92.4M
    Apr 3, 2023 to Mar 18, 2024
  • Individual RAUM · $13.8M to $28.9M
    Apr 3, 2023 to Mar 18, 2024
  • RAUM · $115M to $128M
    Apr 3, 2023 to Mar 18, 2024
  • Accounts · 374 to 416
    Sep 27, 2022 to Apr 3, 2023
  • HNW clients · 96 to 66
    Sep 27, 2022 to Apr 3, 2023
  • Individual clients · 31 to 43
    Sep 27, 2022 to Apr 3, 2023
  • Discretionary RAUM · $131M to $115M
    Sep 27, 2022 to Apr 3, 2023
  • HNW RAUM · $118M to $95.9M
    Sep 27, 2022 to Apr 3, 2023
  • Individual RAUM · $7.2M to $13.8M
    Sep 27, 2022 to Apr 3, 2023
  • RAUM · $131M to $115M
    Sep 27, 2022 to Apr 3, 2023
  • Advisory employees · 1 to 2
    Sep 27, 2022 to Sep 27, 2022
  • Employees · 1 to 2
    Sep 27, 2022 to Sep 27, 2022
  • State-registered IARs · 1 to 2
    Sep 27, 2022 to Sep 27, 2022
  • Accounts · 391 to 374
    Mar 27, 2021 to Mar 15, 2022
  • HNW clients · 59 to 96
    Mar 27, 2021 to Mar 15, 2022
  • Individual clients · 39 to 31
    Mar 27, 2021 to Mar 15, 2022
  • Discretionary RAUM · $126M to $131M
    Mar 27, 2021 to Mar 15, 2022
  • HNW RAUM · $106M to $118M
    Mar 27, 2021 to Mar 15, 2022
  • Individual RAUM · $14.1M to $7.2M
    Mar 27, 2021 to Mar 15, 2022
  • RAUM · $126M to $131M
    Mar 27, 2021 to Mar 15, 2022
Signals
1 dated events
  • B••••••••• C•••••• filed its initial SEC registration (Form ADV)
    Mar 31, 2020 · 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
269-903-2360reportedpublished by the firm, firm site, Sep 16, 2026
Website
B•••••••••.CAPITALreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
269-903-2360reportedpublic record, Form ADV, Mar 31, 2026
Contact form
b•••••••••.capitalreportedpublished by the firm, firm site, Sep 16, 2026
Team page
b•••••••••.capitalreportedpublished 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
$78.3Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026