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

Purus Wealth Management, LLC

Independent wealth managerNewport Beach, CaliforniaCRD 174490SEC 801-80854websiteIAPD
Latest filing Mar 18, 2026
First filing on the tape Jan 6, 2015 · 32 filings
SEC status approved since Jan 23, 2015
RAUM
$658M
reported, Item 5.F
Discretionary
69%
of RAUM
Private clients
68%
$449M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$110M
derived; firm RAUM over IAPD count
Employees
12
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$658M as of Mar 18, 2026
Mar 18, 2016$140M then
HNW client RAUM$303M as of Mar 18, 2026
Mar 29, 2018$55.7M then
State-registered IARs (5.B.3)6 as of Mar 18, 2026
Mar 18, 20166 then
Employees (5.A)12 as of Mar 18, 2026
Mar 18, 20169 then
Private funds: no history
RAUM +20% over the last fiscal year+20% a year over threeIARs 3 to 6
Practice profile
derived from the filing of Mar 18, 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$110MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
106derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.2MderivedHNW RAUM over HNW clients
Average account
$435,274derivedRAUM over accounts (5.F.2.f)
Discretionary
69%derivedof RAUM
Institutional
32%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+20%derivedbetween the last two annual amendments
Advisor growth, one year
+100%derivedItem 5.B.3 between annual amendments
Client growth, one year
+5.3%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, educational seminarsreportedItem 5.G
Wrap fee program
$447MreportedItem 5.I
Custody
$113M, 232 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$303M46%
  • Pension and profit-sharing plans$208M32%
  • Individuals$146M22%
  • Corporations and businesses$1.1M0.2%
  • Charitable organizations$378,7640.1%
Individual clients
539reported
HNW clients
96reported
Pension plan clients
7reported
Charitable clients
n/areported
Accounts
1,512reported
Financial planning clients
1-10reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$113M for 232 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.68 fund_share=0.0 institutional_share=0.32 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Laura Elizabeth SillenNewport Beach, CaJan 26, 201515 y1
Bonnie Lee LarsenNewport Beach, CaJan 26, 201525 y1
Mark Christopher LarsenCertified Financial PlannerNewport Beach, CaJan 26, 201532 y1
John Don MorrealeCertified Financial PlannerNewport Beach, CaJan 26, 201535 y1
Lauren Ashley RiveraNewport Beach, CaJan 27, 201517 y1
Chad Stewart MorrisNewport Beach, Ca Aug 28, 202511 y0
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
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Lee Bonnie Larsen · Chief Compliance Officercontrol
      since 01/2015 · owns 10% to 25%
    • Christopher Mark Larsen · Managing Membercontrol
      since 01/2015 · owns 50% to 75%
    • Don John Morreale · Managing Membercontrol
      since 01/2015 · owns 10% to 25%
    • Elizabeth Laura Sillen · Managing Membercontrol
      since 01/2015 · owns 5% to 10%
    Related persons
    Schedule D 7.A
    • Purus Insurance Services, LLC
      real estaten
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Newport Beach, Ca · principal600
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 1,436 to 1,512
      Jun 20, 2025 to Mar 18, 2026
    • HNW clients · 88 to 96
      Jun 20, 2025 to Mar 18, 2026
    • Individual clients · 515 to 539
      Jun 20, 2025 to Mar 18, 2026
    • Assets in custody · $182M to $113M
      Jun 20, 2025 to Mar 18, 2026
    • Employees · 11 to 12
      Jun 20, 2025 to Mar 18, 2026
    • State-registered IARs · 3 to 6
      Jun 20, 2025 to Mar 18, 2026
    • Discretionary RAUM · $384M to $451M
      Jun 20, 2025 to Mar 18, 2026
    • HNW RAUM · $249M to $303M
      Jun 20, 2025 to Mar 18, 2026
    • Individual RAUM · $132M to $146M
      Jun 20, 2025 to Mar 18, 2026
    • Non-discretionary RAUM · $165M to $207M
      Jun 20, 2025 to Mar 18, 2026
    • Pension RAUM · $165M to $208M
      Jun 20, 2025 to Mar 18, 2026
    • RAUM · $548M to $658M
      Jun 20, 2025 to Mar 18, 2026
    • Financial planning clients · 1-10 to 1-10
      Apr 3, 2025 to Jun 20, 2025
    • Accounts · 1,456 to 1,436
      Jun 7, 2024 to Apr 3, 2025
    • Advisory employees · 3 to 4
      Jun 7, 2024 to Apr 3, 2025
    • BD registered reps · 1 to 0
      Jun 7, 2024 to Apr 3, 2025
    • HNW clients · 110 to 88
      Jun 7, 2024 to Apr 3, 2025
    • Individual clients · 500 to 515
      Jun 7, 2024 to Apr 3, 2025
    • Assets in custody · $129M to $182M
      Jun 7, 2024 to Apr 3, 2025
    • Employees · 10 to 11
      Jun 7, 2024 to Apr 3, 2025
    • Financial planning clients · 0 to 1-10
      Jun 7, 2024 to Apr 3, 2025
    • Discretionary RAUM · $301M to $384M
      Jun 7, 2024 to Apr 3, 2025
    • HNW RAUM · $204M to $249M
      Jun 7, 2024 to Apr 3, 2025
    • Individual RAUM · $94.4M to $132M
      Jun 7, 2024 to Apr 3, 2025
    • Non-discretionary RAUM · $136M to $165M
      Jun 7, 2024 to Apr 3, 2025
    • Pension RAUM · $138M to $165M
      Jun 7, 2024 to Apr 3, 2025
    • RAUM · $438M to $548M
      Jun 7, 2024 to Apr 3, 2025
    • Accounts · 1,461 to 1,456
      Oct 13, 2023 to Feb 8, 2024
    • HNW clients · 82 to 110
      Oct 13, 2023 to Feb 8, 2024
    • Individual clients · 548 to 500
      Oct 13, 2023 to Feb 8, 2024
    • Pension plan clients · 9 to 7
      Oct 13, 2023 to Feb 8, 2024
    • Assets in custody · $104M to $129M
      Oct 13, 2023 to Feb 8, 2024
    • Financial planning clients · 1-10 to 0
      Oct 13, 2023 to Feb 8, 2024
    • Discretionary RAUM · $274M to $301M
      Oct 13, 2023 to Feb 8, 2024
    • HNW RAUM · $178M to $204M
      Oct 13, 2023 to Feb 8, 2024
    • Individual RAUM · $93.4M to $94.4M
      Oct 13, 2023 to Feb 8, 2024
    • Non-discretionary RAUM · $109M to $136M
      Oct 13, 2023 to Feb 8, 2024
    • Pension RAUM · $110M to $138M
      Oct 13, 2023 to Feb 8, 2024
    • RAUM · $383M to $438M
      Oct 13, 2023 to Feb 8, 2024
    • Accounts · 1,388 to 1,461
      Mar 25, 2022 to Feb 21, 2023
    Signals
    2 dated events
    • Purus Wealth Management, Llc reported RAUM $548.2M, up 25% from $437.5M (2024-06-07 to 2025-04-03)
      Apr 3, 2025 · RAUM change · derived
    • Manb Inc. filed its initial SEC registration (Form ADV)
      Jan 6, 2015 · 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@puruswm.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    949-356-6330reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    949-356-6331reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    LINKEDIN.COM/COMPANY/PURUS-WEALTH-MANAGEMENTreportedpublic record, Form ADV, Sep 17, 2026
    Website
    puruswm.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    949-356-6330reportedpublic record, Form ADV, Mar 18, 2026
    Contact form
    puruswealthmanagement.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
    Team page
    puruswealthmanagement.com/teamreportedpublished by the firm, firm site, Sep 16, 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
    $110Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026