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
L••• I••••••••• M•••••••••
Legal name F•• I••••••••• M••••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Dec 8, 2014 · 41 filings
SEC status approved since Jul 21, 2017
RAUM
$1.2B
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
32%
$394M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$620M
derived; firm RAUM over IAPD count
Employees
7
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$1.2B as of Mar 31, 2026
Mar 30, 2016$86.8M then
HNW client RAUM$358M as of Mar 31, 2026
Feb 14, 2018$117M then
State-registered IARs (5.B.3)2 as of Mar 31, 2026
Mar 30, 20162 then
Employees (5.A)7 as of Mar 31, 2026
Mar 30, 20163 then
Private funds: no history
RAUM +54% over the last fiscal year+29% a year over threeIARs 6 to 2
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- RAUM per advisor
- $620MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 143derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.7MderivedHNW RAUM over HNW clients
- Average account
- $1.3MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.5derivedItem 5.A over advisors
- Advisors per office
- 1.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +54%derivedbetween the last two annual amendments
- Advisor growth, one year
- -67%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +82%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, otherreportedItem 5.G
- Custody
- $135M, 58 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
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Other investment advisers$846M68%
- High-net-worth individuals$358M29%
- Individuals$35.4M2.9%
- Individual clients
- 189reported
- HNW clients
- 96reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 945reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $135M for 58 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.32 fund_share=0.68 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| F•••••••• W•••• L••• | Dallas, Tx | Jan 12, 2015 | 29 y | 2 |
| G••••• K•••• G••••• | Dallas, Tx | Mar 6, 2023 | 30 y | 2 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 50% of current headcount1 left over 36 months
Left, latest
- L••• S•••• to C•••••• S••••• • C••• I•••Dec 12, 2025 · RIA to affiliated broker-dealer or bank
- C••• L•• L••••• to D•••• C•••••• A•••••••Mar 26, 2019 · RIA to RIA
- A••••• H••••• S•••• to D•••• C•••••• A•••••••Mar 26, 2019 · RIA to RIA
Joined, latest
- G••••• K•••• G••••• from A••••••••• I•••Mar 6, 2023 · Affiliated broker-dealer or bank to independent RIA
- L••• S•••• from P•••• C•••••• M••••••••• L••May 1, 2020 · Other
- C••• L•• L••••• from W•••• F•••• A•••••••Aug 22, 2016 · Other
- F•••••••• W•••• L••• from S•••• I••••••••• M••••••••• L•••••Jan 12, 2015 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for D•••• C•••••• A•••••••Mar 26, 2019 · Dallas, Tx
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- L•••• F••••••••• W•••• · Managing Partnercontrolsince 11/2014 · owns 75% or more
- G••••• T•••••• E• · Chief Compliance Officersince 12/2022 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Dallas, Tx · principal | 2 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
- Boston, MA1 employees
- Winter Park, FL1 employees
ADV anomalies
4 against comparable advisers; where to look, not conclusions
- RAUM up 50 %Change between filings · filing Mar 31, 2026RAUM (Item 5.F) moved from $805,713,943 to $1,240,034,033 (+54.0%) between the annual amendments of 2025-04-28 and 2026-03-31; the peer median change was +17.0% (1298 comparable advisers, 93.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,298) · 93% percentile
- account count surgeChange between filings · filing Mar 31, 2026accounts (Item 5.F.2.f) moved from 305.0 to 945.0 (+210.0%) between the annual amendments of 2025-04-28 and 2026-03-31; the peer median change was +6.0% (1206 comparable advisers, 98.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,206) · 98% percentile
- advisor count dropChange between filings · filing Mar 31, 2026advisory representatives (Item 5.B.3) moved from 6.0 to 2.0 (-67.0%) between the annual amendments of 2025-04-28 and 2026-03-31; the peer median change was 0.0% (999 comparable advisers, 1.0th percentile of changes)peers: independent wealth managers, $1B to $5B (999) · 0.6% percentile
- client count surgeChange between filings · filing Mar 31, 2026individual and HNW clients (Item 5.D) moved from 157.0 to 285.0 (+82.0%) between the annual amendments of 2025-04-28 and 2026-03-31; the peer median change was +5.0% (1132 comparable advisers, 98.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,132) · 98% percentile
What changed
consecutive filings, newest first
- Accounts · 305 to 945Apr 28, 2025 to Mar 31, 2026
- HNW clients · 101 to 96Apr 28, 2025 to Mar 31, 2026
- Individual clients · 56 to 189Apr 28, 2025 to Mar 31, 2026
- Assets in custody · $87.4M to $135MApr 28, 2025 to Mar 31, 2026
- Employees · 9 to 7Apr 28, 2025 to Mar 31, 2026
- State-registered IARs · 6 to 2Apr 28, 2025 to Mar 31, 2026
- Discretionary RAUM · $803M to $1.2BApr 28, 2025 to Mar 31, 2026
- HNW RAUM · $318M to $358MApr 28, 2025 to Mar 31, 2026
- Individual RAUM · $21.3M to $35.4MApr 28, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $2.3M to $24.4MApr 28, 2025 to Mar 31, 2026
- RAUM · $806M to $1.2BApr 28, 2025 to Mar 31, 2026
- Accounts · 292 to 305Nov 12, 2024 to Apr 28, 2025
- Individual clients · 37 to 56Nov 12, 2024 to Apr 28, 2025
- Assets in custody · $77.7M to $87.4MNov 12, 2024 to Apr 28, 2025
- Employees · 8 to 9Nov 12, 2024 to Apr 28, 2025
- Financial planning clients · unset to Nov 12, 2024 to Apr 28, 2025
- State-registered IARs · 4 to 6Nov 12, 2024 to Apr 28, 2025
- Other offices · 2 to 1Nov 12, 2024 to Apr 28, 2025
- Discretionary RAUM · $602M to $803MNov 12, 2024 to Apr 28, 2025
- HNW RAUM · $227M to $318MNov 12, 2024 to Apr 28, 2025
- Individual RAUM · $16.2M to $21.3MNov 12, 2024 to Apr 28, 2025
- Non-discretionary RAUM · $2.0M to $2.3MNov 12, 2024 to Apr 28, 2025
- RAUM · $604M to $806MNov 12, 2024 to Apr 28, 2025
- Accounts · 254 to 292Oct 3, 2023 to Mar 27, 2024
- HNW clients · 88 to 101Oct 3, 2023 to Mar 27, 2024
- Individual clients · 32 to 37Oct 3, 2023 to Mar 27, 2024
- Assets in custody · $68.0M to $77.7MOct 3, 2023 to Mar 27, 2024
- Discretionary RAUM · $571M to $602MOct 3, 2023 to Mar 27, 2024
- HNW RAUM · $203M to $227MOct 3, 2023 to Mar 27, 2024
- Individual RAUM · $13.5M to $16.2MOct 3, 2023 to Mar 27, 2024
- Non-discretionary RAUM · $1.9M to $2.0MOct 3, 2023 to Mar 27, 2024
- RAUM · $573M to $604MOct 3, 2023 to Mar 27, 2024
- Accounts · 286 to 254Mar 17, 2022 to Mar 30, 2023
- Advisory employees · 2 to 4Mar 17, 2022 to Mar 30, 2023
- HNW clients · 52 to 88Mar 17, 2022 to Mar 30, 2023
- Individual clients · 39 to 32Mar 17, 2022 to Mar 30, 2023
- Assets in custody · $110M to $68.0MMar 17, 2022 to Mar 30, 2023
- Employees · 6 to 8Mar 17, 2022 to Mar 30, 2023
- Other offices · 1 to 2Mar 17, 2022 to Mar 30, 2023
- Discretionary RAUM · $567M to $571MMar 17, 2022 to Mar 30, 2023
Signals
5 dated events
- L••• I••••••••• M••••••••• reported RAUM $1.2B, up 54% from $805.7M (2025-04-28 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- L••• S•••• left L••• I••••••••• M••••••••• for C•••••• S••••• • C••• I••• (registered 2026-05-19)Dec 12, 2025 · Advisor changed firm · fact
- L••• I••••••••• M••••••••• reported RAUM $805.7M, up 33% from $604.0M (2024-11-12 to 2025-04-28)Apr 28, 2025 · RAUM change · derived
- L••• I••••••••• M••••••••• reported RAUM $420.6M, up 192% from $144.2M (2020-06-03 to 2020-08-06)Aug 6, 2020 · RAUM change · derived
- L••• I••••••••• M••••••••• filed its initial SEC registration (Form ADV)Jun 20, 2017 · 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
- contact@learim.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 214-445-5900reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- L•••IM.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- (214) 445-5900reportedpublic record, Form ADV, Mar 31, 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
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $620Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026