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

P•••••••

Independent wealth managerWalnut Creek, CaliforniaCRD 174215SEC 801-121506websiteIAPD
Legal name P••••••• W••••• P•••••••• L••
Latest filing Feb 25, 2026
First filing on the tape May 14, 2021 · 10 filings
SEC status approved since Jun 14, 2021
RAUM
$255M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
99%
$253M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$128M
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$255M as of Feb 25, 2026
Mar 18, 2022$138M then
HNW client RAUM$177M as of Feb 25, 2026
Mar 18, 2022$86.5M then
State-registered IARs (5.B.3)2 as of Feb 25, 2026
Mar 18, 20222 then
Employees (5.A)4 as of Feb 25, 2026
Mar 18, 20223 then
Private funds: no history
RAUM +25% over the last fiscal year+27% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Feb 25, 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
RAUM per advisor
$128MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
71derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$505,047derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
0.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+25%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+12%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 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$177M70%
  • Individuals$76.0M30%
  • Pension and profit-sharing plans$1.8M0.7%
Individual clients
64reported
HNW clients
77reported
Pension plan clients
1reported
Charitable clients
n/areported
Accounts
505reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 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
A••• D• P••••Certified Financial PlannerWalnut Creek, CaFeb 20, 201515 y1
R••• P•••••• W••••Carlsbad, Ca Dec 7, 201723 y3
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••••• A•••• D• · Chief Investment Officercontrol
    since 11/2014 · owns 50% to 75%
  • W••••• R•••• P•••••• · Chief Executive Officer And Chief Compliance Officercontrol
    since 11/2014 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Walnut Creek, Ca · principal200
Offices
Schedule D 1.F, the 25 largest
  • Carlsbad, CA1 employees
What changed
consecutive filings, newest first
  • Accounts · 421 to 505
    Mar 5, 2025 to Feb 25, 2026
  • HNW clients · 68 to 77
    Mar 5, 2025 to Feb 25, 2026
  • Individual clients · 58 to 64
    Mar 5, 2025 to Feb 25, 2026
  • Pension plan clients · 2 to 1
    Mar 5, 2025 to Feb 25, 2026
  • Employees · 3 to 4
    Mar 5, 2025 to Feb 25, 2026
  • Discretionary RAUM · $202M to $253M
    Mar 5, 2025 to Feb 25, 2026
  • HNW RAUM · $142M to $177M
    Mar 5, 2025 to Feb 25, 2026
  • Individual RAUM · $60.7M to $76.0M
    Mar 5, 2025 to Feb 25, 2026
  • Non-discretionary RAUM · $1.3M to $1.8M
    Mar 5, 2025 to Feb 25, 2026
  • Pension RAUM · $1.3M to $1.8M
    Mar 5, 2025 to Feb 25, 2026
  • RAUM · $204M to $255M
    Mar 5, 2025 to Feb 25, 2026
  • Accounts · 475 to 421
    Oct 16, 2024 to Mar 5, 2025
  • HNW clients · 77 to 68
    Oct 16, 2024 to Mar 5, 2025
  • Individual clients · 44 to 58
    Oct 16, 2024 to Mar 5, 2025
  • Pension plan clients · 3 to 2
    Oct 16, 2024 to Mar 5, 2025
  • Financial planning clients · 51-100 to 51-100
    Oct 16, 2024 to Mar 5, 2025
  • Discretionary RAUM · $155M to $202M
    Oct 16, 2024 to Mar 5, 2025
  • HNW RAUM · $111M to $142M
    Oct 16, 2024 to Mar 5, 2025
  • Individual RAUM · $47.4M to $60.7M
    Oct 16, 2024 to Mar 5, 2025
  • Non-discretionary RAUM · $7.1M to $1.3M
    Oct 16, 2024 to Mar 5, 2025
  • Pension RAUM · $4.5M to $1.3M
    Oct 16, 2024 to Mar 5, 2025
  • RAUM · $163M to $204M
    Oct 16, 2024 to Mar 5, 2025
  • Other offices · 0 to 1
    Feb 27, 2024 to Oct 16, 2024
  • Accounts · 520 to 475
    Sep 6, 2023 to Feb 27, 2024
  • Advisory activities · 3 to 4
    Sep 6, 2023 to Feb 27, 2024
  • Financial planning clients · 26-50 to 51-100
    Sep 6, 2023 to Feb 27, 2024
  • HQ city · PLEASANT HILL to WALNUT CREEK
    Sep 6, 2023 to Feb 27, 2024
  • Discretionary RAUM · $118M to $155M
    Sep 6, 2023 to Feb 27, 2024
  • HNW RAUM · $86.0M to $111M
    Sep 6, 2023 to Feb 27, 2024
  • Individual RAUM · $35.1M to $47.4M
    Sep 6, 2023 to Feb 27, 2024
  • Non-discretionary RAUM · $7.0M to $7.1M
    Sep 6, 2023 to Feb 27, 2024
  • Pension RAUM · $4.1M to $4.5M
    Sep 6, 2023 to Feb 27, 2024
  • RAUM · $125M to $163M
    Sep 6, 2023 to Feb 27, 2024
  • Accounts · 489 to 520
    Mar 18, 2022 to Mar 21, 2023
  • HNW clients · 69 to 77
    Mar 18, 2022 to Mar 21, 2023
  • Individual clients · 43 to 44
    Mar 18, 2022 to Mar 21, 2023
  • Pension plan clients · 1 to 3
    Mar 18, 2022 to Mar 21, 2023
  • Other offices · 1 to 0
    Mar 18, 2022 to Mar 21, 2023
  • Discretionary RAUM · $134M to $118M
    Mar 18, 2022 to Mar 21, 2023
  • HNW RAUM · $86.5M to $86.0M
    Mar 18, 2022 to Mar 21, 2023
Signals
1 dated events
  • Pathwise filed its initial SEC registration (Form ADV)
    May 14, 2021 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
  • Pathwise · Private Equity
    shared crd · intermediary
How to reach
public business contact points only, each with its source
Website
P•••••••.COreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
925-939-5607reportedpublic record, Form ADV, Feb 25, 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
$128Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026