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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
SEC-registered adviser
M•••••• F•••••••• P•••••••
Legal name M•••••• F•••••••• P••••••• I••••••••• I•••
Latest filing Feb 3, 2026
First filing on the tape Nov 24, 2014 · 34 filings
SEC status approved since Dec 15, 2014
RAUM
$1.5B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
98%
$1.5B individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$168M
derived; firm RAUM over IAPD count
Employees
30
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$1.5B as of Feb 3, 2026
Jan 9, 2015$0 then
HNW client RAUM$1.0B as of Feb 3, 2026
Feb 8, 2018$266M then
State-registered IARs (5.B.3)9 as of Feb 3, 2026
Jan 9, 20154 then
Employees (5.A)30 as of Feb 3, 2026
Jan 9, 20155 then
Private funds: no history
RAUM +20% over the last fiscal year+20% a year over threeIARs 9 to 9
Practice profile
derived from the filing of Feb 3, 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
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RAUM per advisor
- $168MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 49derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.1MderivedHNW RAUM over HNW clients
- Average account
- $261,686derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 2.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.3derivedItem 5.A over advisors
- Advisors per office
- 9.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +20%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -61%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
- Custody
- $8.2M, 8 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
- is an insurance broker or agent (6.A.6)
- 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)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.0B66%
- Individuals$474M31%
- Charitable organizations$17.2M1.1%
- Pension and profit-sharing plans$12.9M0.9%
- Corporations and businesses$4.5M0.3%
- Individual clients
- 112reported
- HNW clients
- 326reported
- Pension plan clients
- 64reported
- Charitable clients
- 16reported
- Accounts
- 5,795reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $8.2M for 8 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| T••••• D••••• S• H•••••• | St. Cloud, Mn | Jan 6, 2015 | 21 y | 1 |
| J••• D•••••• G•••••• | St. Cloud, Mn | Jan 6, 2015 | 16 y | 1 |
| J•••• W••••• S•••••• | St. Cloud, Mn | Jan 6, 2015 | 15 y | 1 |
| H••••• H••••• H••••••••• | Saint Could, Mn | Aug 7, 2017 | 11 y | 0 |
| M••• P••••• B•••• | St. Cloud, Mn | Sep 30, 2020 | 11 y | 0 |
| B••••••• J••••••• C•••• | Sarasota, Fl | Dec 14, 2023 | 10 y | 0 |
| T•••• L•• R•••• | St. Cloud, Mn | Feb 5, 2024 | 16 y | 0 |
| J•••••• L••• G•••••• | St. Cloud, Mn | Jun 10, 2024 | 19 y | 3 |
| N••••• L••• G••••••••• | St. Cloud, Mn | Aug 9, 2024 | 13 y | 0 |
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
Left, latest
- A•••••••• S•••• W••••••• to U••• B•••••• I••••••••• I•••Mar 1, 2022 · RIA to affiliated broker-dealer or bank
Joined, latest
- J•••••• L••• G•••••• from A••• A•••••••• I•••Jun 10, 2024 · Other
- T••••• D••••• S• H•••••• from V••• F•••••••• A•••••••• I•••Jan 6, 2015 · Other
- J••• D•••••• G•••••• from V••• F•••••••• A•••••••• I•••Jan 6, 2015 · Other
- J•••• W••••• S•••••• from V••• F•••••••• A•••••••• I•••Jan 6, 2015 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from V••• F•••••••• A•••••••• I•••Dec 31, 2017 · St Cloud, Mn
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- G••••••• J•••• D•••••• · Chief Compliance Officercontrolsince 01/2024 · owns less than 5%
- S• H••••••• T•••••• D••••• · Presidentcontrolsince 12/2014 · owns less than 5%
- S• H••••••• T•••••• D••••• · Trusteecontrolsince 02/2018 · owns 75% or more of T••••• D• S•• H•••••• R•••••••• T••••
Entity owners
- T••••• D• S•• H•••••• R•••••••• T•••• · Managing Memberdirect · owns 75% or more
Related persons
Schedule D 7.A
- M•••••• F•••••••• P•••••••• I•••real estaten
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| St Cloud, Mn | 8 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
- clients down average size upCombination · filing Feb 3, 2026private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $1,263,584,127 to $1,516,471,013, advisors 9 to 9, private clients 1121 to 438, offices 0 to 0 (2025-02-26 to 2026-02-03)peers: independent wealth managers, $1B to $5B (1,362)
- HNW share shiftChange between filings · filing Feb 3, 2026HNW share of RAUM moved from 51.0% to 66.0% between the annual amendments of 2025-02-26 and 2026-02-03peers: independent wealth managers, $1B to $5B (1,362)
- client count collapseChange between filings · filing Feb 3, 2026individual and HNW clients (Item 5.D) moved from 1,121.0 to 438.0 (-61.0%) between the annual amendments of 2025-02-26 and 2026-02-03; the peer median change was +5.0% (1132 comparable advisers, 1.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,132) · 0.5% percentile
What changed
consecutive filings, newest first
- Accounts · 5,421 to 5,795Jan 5, 2026 to Feb 3, 2026
- Charity clients · 26 to 16Jan 5, 2026 to Feb 3, 2026
- Corporate clients · 18 to 13Jan 5, 2026 to Feb 3, 2026
- HNW clients · 217 to 326Jan 5, 2026 to Feb 3, 2026
- Individual clients · 904 to 112Jan 5, 2026 to Feb 3, 2026
- Pension plan clients · 144 to 64Jan 5, 2026 to Feb 3, 2026
- Assets in custody · $6.7M to $8.2MJan 5, 2026 to Feb 3, 2026
- Employees · 28 to 30Jan 5, 2026 to Feb 3, 2026
- Discretionary RAUM · $1.2B to $1.5BJan 5, 2026 to Feb 3, 2026
- HNW RAUM · $639M to $1.0BJan 5, 2026 to Feb 3, 2026
- Individual RAUM · $408M to $474MJan 5, 2026 to Feb 3, 2026
- Non-discretionary RAUM · $37.4M to $42.3MJan 5, 2026 to Feb 3, 2026
- Pension RAUM · $196M to $12.9MJan 5, 2026 to Feb 3, 2026
- RAUM · $1.3B to $1.5BJan 5, 2026 to Feb 3, 2026
- Accounts · 5,134 to 5,421Nov 4, 2024 to Feb 26, 2025
- Advisory employees · 6 to 9Nov 4, 2024 to Feb 26, 2025
- Charity clients · 10 to 26Nov 4, 2024 to Feb 26, 2025
- Corporate clients · 8 to 18Nov 4, 2024 to Feb 26, 2025
- HNW clients · 258 to 217Nov 4, 2024 to Feb 26, 2025
- Individual clients · 920 to 904Nov 4, 2024 to Feb 26, 2025
- Pension plan clients · 71 to 144Nov 4, 2024 to Feb 26, 2025
- Assets in custody · $5.4M to $6.7MNov 4, 2024 to Feb 26, 2025
- Employees · 26 to 28Nov 4, 2024 to Feb 26, 2025
- Financial planning clients · 0 to 0Nov 4, 2024 to Feb 26, 2025
- State-registered IARs · 6 to 9Nov 4, 2024 to Feb 26, 2025
- Discretionary RAUM · $1.1B to $1.2BNov 4, 2024 to Feb 26, 2025
- HNW RAUM · $678M to $639MNov 4, 2024 to Feb 26, 2025
- Individual RAUM · $230M to $408MNov 4, 2024 to Feb 26, 2025
- Non-discretionary RAUM · $34.4M to $37.4MNov 4, 2024 to Feb 26, 2025
- Pension RAUM · $168M to $196MNov 4, 2024 to Feb 26, 2025
- RAUM · $1.1B to $1.3BNov 4, 2024 to Feb 26, 2025
- Accounts · 4,581 to 5,134Jan 26, 2024 to Feb 1, 2024
- Charity clients · 19 to 10Jan 26, 2024 to Feb 1, 2024
- Corporate clients · 11 to 8Jan 26, 2024 to Feb 1, 2024
- HNW clients · 192 to 258Jan 26, 2024 to Feb 1, 2024
- Individual clients · 770 to 920Jan 26, 2024 to Feb 1, 2024
- Pension plan clients · 80 to 71Jan 26, 2024 to Feb 1, 2024
- Assets in custody · $6.8M to $5.4MJan 26, 2024 to Feb 1, 2024
- Employees · 24 to 26Jan 26, 2024 to Feb 1, 2024
- Discretionary RAUM · $843M to $1.1BJan 26, 2024 to Feb 1, 2024
Signals
7 dated events
- M•••••• F•••••••• P••••••• reported RAUM $1.1B, up 26% from $873.5M (2024-01-26 to 2024-02-01)Feb 1, 2024 · RAUM change · derived
- Darrell John Glomski (Chief Compliance Officer) appeared on Schedule A of M•••••• F•••••••• P•••••••Feb 1, 2024 · Control person joined · fact
- M•••••• F•••••••• P••••••• reported RAUM $982.7M, up 26% from $779.1M (2021-10-07 to 2022-03-11)Mar 11, 2022 · RAUM change · derived
- A•••••••• S•••• W••••••• left M•••••• F•••••••• P••••••• for U••• B•••••• I••••••••• I••• (registered 2023-10-03)Mar 1, 2022 · Advisor changed firm · fact
- M•••••• F•••••••• P••••••• reported RAUM $627.9M, up 28% from $492.1M (2019-10-11 to 2020-01-24)Jan 24, 2020 · RAUM change · derived
- M•••••• F•••••••• P••••••• reported RAUM $468.6M, up 28% from $365.0M (2017-04-05 to 2018-02-08)Feb 8, 2018 · RAUM change · derived
- M•••••• F•••••••• P•••••••• I•• filed its initial SEC registration (Form ADV)Nov 24, 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
- info@mfpmn.comreportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/mfp-inc.?trk=public_profile_experience-reportedpublic record, Form ADV, Sep 18, 2026
- Website
- H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 320-251-3752reportedpublic record, Form ADV, Feb 3, 2026
- Team page
- mfpmn.com/our-teamreportedpublished by the firm, firm site, Sep 15, 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
- $168Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026