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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Former SEC-registered adviser

P••••••••• W••••• A••••••• L••

Former SEC-registered adviserMayfield Heights, OhioCRD 173676SEC 801-119941IAPD
Latest filing Mar 15, 2024
First filing on the tape Nov 6, 2020 · 14 filings
RAUM
$69.9M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
99%
$69.5M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$69.9M as of Mar 15, 2024
Mar 22, 2021$139M then
HNW client RAUM$63.1M as of Mar 15, 2024
Mar 22, 2021$118M then
State-registered IARs (5.B.3)1 as of Mar 15, 2024
Mar 22, 20212 then
Employees (5.A)3 as of Mar 15, 2024
Mar 22, 20213 then
Private funds: no history
RAUM -47% over the last fiscal year-20% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 15, 2024; every figure names its basis
RAUM per advisor
$69.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
45derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$495,575derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-47%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-13%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, educational seminars, 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$63.1M90%
  • Individuals$6.4M9.1%
  • Charitable organizations$396,5830.6%
Individual clients
19reported
HNW clients
26reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
141reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 days1 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • T•••••• J••••••••• L•••••• · President, Chief Compliance Officer & Chief Investment Officercontrol
    since 01/2016 · 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
Mayfield Heights, Oh · principal001
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 140 to 141
    Mar 14, 2023 to Mar 15, 2024
  • HNW clients · 28 to 26
    Mar 14, 2023 to Mar 15, 2024
  • Individual clients · 24 to 19
    Mar 14, 2023 to Mar 15, 2024
  • Employees · 2 to 3
    Mar 14, 2023 to Mar 15, 2024
  • Discretionary RAUM · $90.7M to $69.2M
    Mar 14, 2023 to Mar 15, 2024
  • HNW RAUM · $126M to $63.1M
    Mar 14, 2023 to Mar 15, 2024
  • Individual RAUM · $6.1M to $6.4M
    Mar 14, 2023 to Mar 15, 2024
  • Non-discretionary RAUM · $42.1M to $701,701
    Mar 14, 2023 to Mar 15, 2024
  • RAUM · $133M to $69.9M
    Mar 14, 2023 to Mar 15, 2024
  • Accounts · 142 to 140
    Nov 4, 2022 to Mar 14, 2023
  • Individual clients · 19 to 24
    Nov 4, 2022 to Mar 14, 2023
  • Pension plan clients · 1 to 0
    Nov 4, 2022 to Mar 14, 2023
  • Discretionary RAUM · $109M to $90.7M
    Nov 4, 2022 to Mar 14, 2023
  • HNW RAUM · $135M to $126M
    Nov 4, 2022 to Mar 14, 2023
  • Individual RAUM · $4.8M to $6.1M
    Nov 4, 2022 to Mar 14, 2023
  • Non-discretionary RAUM · $32.8M to $42.1M
    Nov 4, 2022 to Mar 14, 2023
  • Pension RAUM · $1.6M to $0
    Nov 4, 2022 to Mar 14, 2023
  • RAUM · $141M to $133M
    Nov 4, 2022 to Mar 14, 2023
  • Accounts · 149 to 142
    Dec 14, 2021 to Mar 18, 2022
  • Advisory employees · 2 to 1
    Dec 14, 2021 to Mar 18, 2022
  • HNW clients · 21 to 28
    Dec 14, 2021 to Mar 18, 2022
  • Individual clients · 42 to 19
    Dec 14, 2021 to Mar 18, 2022
  • Employees · 3 to 2
    Dec 14, 2021 to Mar 18, 2022
  • HQ city · unset to MAYFIELD HEIGHTS
    Dec 14, 2021 to Mar 18, 2022
  • HQ state · unset to OH
    Dec 14, 2021 to Mar 18, 2022
  • State-registered IARs · 2 to 1
    Dec 14, 2021 to Mar 18, 2022
  • Discretionary RAUM · $97.6M to $109M
    Dec 14, 2021 to Mar 18, 2022
  • HNW RAUM · $118M to $135M
    Dec 14, 2021 to Mar 18, 2022
  • Individual RAUM · $18.8M to $4.8M
    Dec 14, 2021 to Mar 18, 2022
  • Non-discretionary RAUM · $41.1M to $32.8M
    Dec 14, 2021 to Mar 18, 2022
  • Pension RAUM · $1.5M to $1.6M
    Dec 14, 2021 to Mar 18, 2022
  • RAUM · $139M to $141M
    Dec 14, 2021 to Mar 18, 2022
  • HQ city · INDEPENDENCE to unset
    Jun 19, 2021 to Dec 14, 2021
  • HQ state · OH to unset
    Jun 19, 2021 to Dec 14, 2021
  • Accounts · 159 to 149
    Feb 8, 2021 to Mar 22, 2021
  • HNW clients · 39 to 21
    Feb 8, 2021 to Mar 22, 2021
  • Individual clients · 21 to 42
    Feb 8, 2021 to Mar 22, 2021
  • Financial planning clients · 11-25 to 26-50
    Feb 8, 2021 to Mar 22, 2021
  • Discretionary RAUM · $84.7M to $97.6M
    Feb 8, 2021 to Mar 22, 2021
  • HNW RAUM · $97.5M to $118M
    Feb 8, 2021 to Mar 22, 2021
Signals
5 dated events
  • J•••••••• L•••••• T••••• left P••••••••• W••••• A••••••• L•• for C••• L•• (registered 2026-02-04)
    Jun 11, 2026 · Advisor changed firm · fact
  • M••• L•••• Mccandless (Trustee - Mark J. Mccandless Restatement Of Trust Dtd 7/21/2011) no longer on Schedule A of P••••••••• W••••• A••••••• L•• (listed 2021-12-14, absent 2022-03-18)
    Mar 18, 2022 · Control person left · inference
  • M••• L•••• Mccandless (Trustee - Mark J. Mccandless Restatement Of Trust Dtd 7/21/2011) appeared on Schedule A of P••••••••• W••••• A••••••• L••
    Jun 19, 2021 · Control person joined · fact
  • Joseph Mark Mccandless (President And Chief Compliance Officer) no longer on Schedule A of P••••••••• W••••• A••••••• L•• (listed 2021-03-22, absent 2021-06-01)
    Jun 1, 2021 · Control person left · inference
  • P••••••••• W••••• A••••••• L•• filed its initial SEC registration (Form ADV)
    Nov 6, 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.
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
Former SEC-registered adviserderiveda 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