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

Narus Financial Partners, LLC

Independent wealth managerSalt Lake City, UtahCRD 173534SEC 801-80500websiteIAPD
Latest filing Mar 9, 2026
First filing on the tape Oct 16, 2014 · 27 filings
SEC status approved since Oct 27, 2014
RAUM
$559M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
90%
$502M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$112M
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$559M as of Mar 9, 2026
Jan 19, 2015$103M then
HNW client RAUM$446M as of Mar 9, 2026
Mar 15, 2018$212M then
State-registered IARs (5.B.3)5 as of Mar 9, 2026
Jan 19, 20154 then
Employees (5.A)6 as of Mar 9, 2026
Jan 19, 20155 then
Private funds: no history
RAUM +20% over the last fiscal year+21% a year over threeIARs 6 to 5
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
  • 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
RAUM per advisor
$112MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
41derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.5MderivedHNW RAUM over HNW clients
Average account
$973,858derivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
5.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
1.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+20%derivedbetween the last two annual amendments
Advisor growth, one year
-17%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.3%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, otherreportedItem 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$446M80%
  • Individuals$55.4M9.9%
  • Charitable organizations$31.8M5.7%
  • Corporations and businesses$25.5M4.6%
Individual clients
134reported
HNW clients
69reported
Pension plan clients
0reported
Charitable clients
4reported
Accounts
574reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.9 fund_share=0.0 institutional_share=0.06 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Curtis Teichert LambSalt Lake City, UtOct 27, 201430 y2
Jared Daniel StubbsSalt Lake City, UtOct 27, 201429 y4
Trent Alan BowersCertified Financial PlannerSalt Lake City, Ut Nov 3, 201426 y2
Michael William RobinsonSalt Lake City, Ut Jan 5, 201526 y1
Landon Chad MaloSalt Lake City, UtApr 8, 202410 y0
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 20% of current headcount1 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Alan Trent Bowers · Member And Chief Investment Strategistcontrol
    since 10/2014 · owns 25% to 50%
  • Christian Sara Gunn-Schinker · Chief Compliance Officercontrol
    since 05/2016 · owns less than 5%
  • Teichert Curtis Lamb · Membercontrol
    since 10/2014 · owns 25% to 50%
  • William Michael Robinson · Membercontrol
    since 10/2014 · owns 25% to 50%
  • Daniel Jared Stubbs · Member And Presidentcontrol
    since 10/2014 · owns 25% to 50%
Related persons
Schedule D 7.A
  • Christian Gunn-Schinker
    y
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Salt Lake City, Ut · principal501
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 197 to 574
    Dec 17, 2025 to Mar 9, 2026
  • Charity clients · 5 to 4
    Dec 17, 2025 to Mar 9, 2026
  • HNW clients · 62 to 69
    Dec 17, 2025 to Mar 9, 2026
  • Individual clients · 129 to 134
    Dec 17, 2025 to Mar 9, 2026
  • Discretionary RAUM · $454M to $545M
    Dec 17, 2025 to Mar 9, 2026
  • HNW RAUM · $374M to $446M
    Dec 17, 2025 to Mar 9, 2026
  • Individual RAUM · $41.2M to $55.4M
    Dec 17, 2025 to Mar 9, 2026
  • Non-discretionary RAUM · $13.7M to $14.1M
    Dec 17, 2025 to Mar 9, 2026
  • RAUM · $468M to $559M
    Dec 17, 2025 to Mar 9, 2026
  • Advisory employees · 6 to 5
    Mar 11, 2025 to Dec 17, 2025
  • Employees · 7 to 6
    Mar 11, 2025 to Dec 17, 2025
  • State-registered IARs · 6 to 5
    Mar 11, 2025 to Dec 17, 2025
  • Financial planning clients · 101-250 to 101-250
    Feb 27, 2025 to Mar 11, 2025
  • Accounts · 472 to 197
    Apr 16, 2024 to Feb 27, 2025
  • HNW clients · 58 to 62
    Apr 16, 2024 to Feb 27, 2025
  • Individual clients · 119 to 129
    Apr 16, 2024 to Feb 27, 2025
  • Employees · 8 to 7
    Apr 16, 2024 to Feb 27, 2025
  • Discretionary RAUM · $368M to $454M
    Apr 16, 2024 to Feb 27, 2025
  • HNW RAUM · $303M to $374M
    Apr 16, 2024 to Feb 27, 2025
  • Individual RAUM · $31.5M to $41.2M
    Apr 16, 2024 to Feb 27, 2025
  • Non-discretionary RAUM · $11.8M to $13.7M
    Apr 16, 2024 to Feb 27, 2025
  • RAUM · $379M to $468M
    Apr 16, 2024 to Feb 27, 2025
  • Advisory employees · 5 to 6
    Mar 6, 2024 to Apr 16, 2024
  • Employees · 7 to 8
    Mar 6, 2024 to Apr 16, 2024
  • State-registered IARs · 5 to 6
    Mar 6, 2024 to Apr 16, 2024
  • Accounts · 442 to 472
    Oct 23, 2023 to Mar 6, 2024
  • Charity clients · 4 to 5
    Oct 23, 2023 to Mar 6, 2024
  • HNW clients · 59 to 58
    Oct 23, 2023 to Mar 6, 2024
  • Individual clients · 114 to 119
    Oct 23, 2023 to Mar 6, 2024
  • Discretionary RAUM · $309M to $368M
    Oct 23, 2023 to Mar 6, 2024
  • HNW RAUM · $256M to $303M
    Oct 23, 2023 to Mar 6, 2024
  • Individual RAUM · $23.9M to $31.5M
    Oct 23, 2023 to Mar 6, 2024
  • Non-discretionary RAUM · $10.1M to $11.8M
    Oct 23, 2023 to Mar 6, 2024
  • RAUM · $319M to $379M
    Oct 23, 2023 to Mar 6, 2024
  • Insurance-licensed employees · 1 to 0
    Jan 25, 2023 to Mar 24, 2023
  • Accounts · 409 to 442
    Jan 12, 2023 to Jan 25, 2023
  • Charity clients · unset to 4.0
    Jan 12, 2023 to Jan 25, 2023
  • Corporate clients · unset to 1.0
    Jan 12, 2023 to Jan 25, 2023
  • HNW clients · 60 to 59
    Jan 12, 2023 to Jan 25, 2023
  • Individual clients · 98 to 114
    Jan 12, 2023 to Jan 25, 2023
Signals
5 dated events
  • Amy Clingenpeel Diamond left Narus Financial Partners, Llc for Alta Capital Management Llc (registered 2026-01-21)
    Dec 17, 2025 · Advisor changed firm · fact
  • Alexander Butler left Narus Financial Partners, Llc for Ubs Financial Services Inc. (registered 2022-07-26)
    Jun 10, 2022 · Advisor changed firm · fact
  • Michael Benjamin Merryman (Managing Member And President) no longer on Schedule A of Narus Financial Partners, Llc (listed 2020-06-22, absent 2021-02-11)
    Feb 11, 2021 · Control person left · inference
  • Charles Larry Whitaker (Member) no longer on Schedule A of Narus Financial Partners, Llc (listed 2020-06-22, absent 2021-02-11)
    Feb 11, 2021 · Control person left · inference
  • Clearstone Capital Management, Llc filed its initial SEC registration (Form ADV)
    Oct 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 email
narus@narusfinancial.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone
866-534-0530reportedpublished by the firm, firm site, Sep 16, 2026
Website
NARUSFINANCIAL.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
866-534-0530reportedpublic record, Form ADV, Mar 9, 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
$112Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026