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

D•••• W••••• A•••••••

Independent wealth managerLehi, UtahCRD 174728SEC 801-113223websiteIAPD
Legal name D•••• W••••• M••••••••• L••
Latest filing Sep 2, 2026
First filing on the tape Apr 13, 2018 · 25 filings
SEC status approved since May 11, 2018
RAUM
$1.5B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
97%
$1.5B individuals and HNW
Advisors
17
registered through the firm on IAPD
RAUM per advisor
$88.3M
derived; firm RAUM over IAPD count
Employees
17
15 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$1.5B as of Jul 17, 2026
Mar 15, 2019$463M then
HNW client RAUM$1.3B as of Jul 17, 2026
Mar 15, 2019$401M then
State-registered IARs (5.B.3)13 as of Jul 17, 2026
Mar 15, 20196 then
Employees (5.A)17 as of Jul 17, 2026
Mar 15, 20198 then
Private funds: no history
RAUM -31% over the last fiscal year-6.4% a year over threeIARs 16 to 13offices 1 to 2
Practice profile
derived from the filing of Sep 2, 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
  • 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
$88.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
63derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.9MderivedHNW RAUM over HNW clients
Average account
$357,663derivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
2.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
5.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
-31%derivedbetween the last two annual amendments
Advisor growth, one year
-19%derivedItem 5.B.3 between annual amendments
Client growth, one year
-12%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, otherreportedItem 5.G
Custody
$211M, 329 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)
  • 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$1.3B86%
  • Individuals$170M11%
  • Pension and profit-sharing plans$40.7M2.7%
  • Corporations and businesses$780,8410.1%
  • Charitable organizations$302,2860.0%
Individual clients
744reported
HNW clients
329reported
Pension plan clients
36reported
Charitable clients
1reported
Accounts
4,196reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$211M for 329 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
17 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
L••••• C•••••• C••••Certified Financial PlannerLehi, UtFeb 6, 201520 y4
G•••• M••• R••••Sandy, Ut Mar 27, 201928 y1
M•••••• D••••• R•••Certified Financial PlannerLehi, UtJan 11, 202114 y2
J•••••• C••• I••••••••Lehi, UtJan 13, 202139 y8
L••• A• G••••••Lehi, Ut Mar 26, 202143 y3
M•••••• J••••••• W••••Lehi, Ut Nov 5, 202113 y2
B•••••• M• R•••••Lehi, UtOct 11, 202226 y7
J••••• D•••• O•••••Lehi, UtJul 10, 202412 y0
D••••• M••• W•••••Lehi, UtOct 16, 202415 y1
J••••• P••• C•••••Chartered Financial AnalystLehi, UtDec 20, 20249 y1
K•••• B•••• K••••Certified Financial PlannerLehi, UtJan 22, 202510 y1
A••• K••••• J••••Lehi, UtFeb 18, 202518 y1
J••••• M• R•••••Lehi, UtMar 27, 202511 y0
J•••• K••• H•••••Chartered Financial AnalystLehi, UtMay 30, 202511 y0
E•••• S•••••• P••••••Lehi, Ut Dec 2, 202510 y1
S•••• M••• B••••••••South Jordan, Ut May 14, 202618 y9
D••• J••••• J•••••Lehi, Ut Sep 2, 202610 y2
Advisor movement
1 left, 3 joined in 12 months
net +2 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 5.9% of current headcount9 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
  • C••••• L•••••• C•••••• · Presidentcontrol
    since 01/2015 · owns less than 5%
  • P••••••••• M••••••• J•••• · Chief Compliance Officercontrol
    since 03/2025 · owns less than 5%
  • C••••• L•••••• C•••••• · Managing Membercontrol
    since 01/2008 · owns 75% or more of C•••• F••••••••• L••
  • G•••••••• P•••• A•••••• · Chief Financial Officer
    since 03/2025 · owns less than 5%
  • H•••••• R••••• W•••••• · Chief Operating Officer
    since 03/2025 · owns less than 5%
  • H•••••• J••••• K••• · Chief Investment Officer
    since 02/2025 · owns less than 5%
Entity owners
  • C•••• F••••••••• L•• · Managing Member
    direct · owns 75% or more
Related persons
Schedule D 7.A
  • D•••• A••••••••• S•••••••
    insurancen
  • D•••• I•••••••• S•••••••
    real estatey
  • J•••••••• L•• G••••
    n
  • Y••• P••••• L••
    pooled vehicle sponsorn
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Lehi, Ut · principal1731
Sandy, Ut200
Gig Harbor, Wa000
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Sep 2, 2026
    P••••••••• M••••••• J•••• (CHIEF COMPLIANCE OFFICER) appeared on Schedule A between the filings of 2018-04-13 and 2026-09-02
    peers: independent wealth managers, $1B to $5B (1,362)
  • RAUM down 25 %Change between filings · filing Apr 27, 2026
    RAUM (Item 5.F) moved from $2,175,572,827 to $1,500,752,553 (-31.0%) between the annual amendments of 2025-03-17 and 2026-04-27; the peer median change was +17.0% (1298 comparable advisers, 1.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,298) · 0.5% percentile
  • employee count dropChange between filings · filing Apr 27, 2026
    employees (Item 5.A) moved from 28.0 to 17.0 (-39.0%) between the annual amendments of 2025-03-17 and 2026-04-27; the peer median change was +4.0% (1050 comparable advisers, 1.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,050) · 0.9% percentile
What changed
consecutive filings, newest first
  • Financial planning clients · 1-10 to 1-10
    Jul 17, 2026 to Sep 2, 2026
  • Other offices · 1 to 2
    Jul 17, 2026 to Sep 2, 2026
  • Succession · false to unset
    Jul 17, 2026 to Sep 2, 2026
  • Accounts · 4,487 to 4,196
    Oct 30, 2025 to Mar 19, 2026
  • Advisory employees · 26 to 15
    Oct 30, 2025 to Mar 19, 2026
  • Charity clients · 3 to 1
    Oct 30, 2025 to Mar 19, 2026
  • Corporate clients · 7 to 2
    Oct 30, 2025 to Mar 19, 2026
  • HNW clients · 396 to 329
    Oct 30, 2025 to Mar 19, 2026
  • Individual clients · 821 to 744
    Oct 30, 2025 to Mar 19, 2026
  • Pension plan clients · 157 to 36
    Oct 30, 2025 to Mar 19, 2026
  • Assets in custody · $273M to $211M
    Oct 30, 2025 to Mar 19, 2026
  • Employees · 28 to 17
    Oct 30, 2025 to Mar 19, 2026
  • State-registered IARs · 16 to 13
    Oct 30, 2025 to Mar 19, 2026
  • Discretionary RAUM · $1.8B to $1.5B
    Oct 30, 2025 to Mar 19, 2026
  • HNW RAUM · $1.6B to $1.3B
    Oct 30, 2025 to Mar 19, 2026
  • Individual RAUM · $182M to $170M
    Oct 30, 2025 to Mar 19, 2026
  • Non-discretionary RAUM · $350M to $40.0M
    Oct 30, 2025 to Mar 19, 2026
  • Pension RAUM · $340M to $40.7M
    Oct 30, 2025 to Mar 19, 2026
  • RAUM · $2.2B to $1.5B
    Oct 30, 2025 to Mar 19, 2026
  • Accounts · 3,750 to 4,487
    Mar 14, 2024 to Mar 17, 2025
  • Advisory employees · 15 to 26
    Mar 14, 2024 to Mar 17, 2025
  • Corporate clients · 6 to 7
    Mar 14, 2024 to Mar 17, 2025
  • HNW clients · 331 to 396
    Mar 14, 2024 to Mar 17, 2025
  • Individual clients · 619 to 821
    Mar 14, 2024 to Mar 17, 2025
  • Pension plan clients · 139 to 157
    Mar 14, 2024 to Mar 17, 2025
  • Assets in custody · $270M to $273M
    Mar 14, 2024 to Mar 17, 2025
  • Employees · 15 to 28
    Mar 14, 2024 to Mar 17, 2025
  • Financial planning clients · 1-10 to 1-10
    Mar 14, 2024 to Mar 17, 2025
  • State-registered IARs · 15 to 16
    Mar 14, 2024 to Mar 17, 2025
  • Other offices · 3 to 1
    Mar 14, 2024 to Mar 17, 2025
  • Discretionary RAUM · $1.5B to $1.8B
    Mar 14, 2024 to Mar 17, 2025
  • HNW RAUM · $1.5B to $1.6B
    Mar 14, 2024 to Mar 17, 2025
  • Individual RAUM · $119M to $182M
    Mar 14, 2024 to Mar 17, 2025
  • Non-discretionary RAUM · $528M to $350M
    Mar 14, 2024 to Mar 17, 2025
  • Pension RAUM · $326M to $340M
    Mar 14, 2024 to Mar 17, 2025
  • RAUM · $2.0B to $2.2B
    Mar 14, 2024 to Mar 17, 2025
  • Accounts · 3,292 to 3,750
    Dec 5, 2023 to Mar 14, 2024
  • Advisory employees · 13 to 15
    Dec 5, 2023 to Mar 14, 2024
  • Charity clients · 2 to 3
    Dec 5, 2023 to Mar 14, 2024
  • Corporate clients · 5 to 6
    Dec 5, 2023 to Mar 14, 2024
Signals
20 dated events
  • D•••• W••••• A••••••• reported RAUM $1.5B, down 31% from $2.2B (2025-10-30 to 2026-03-19)
    Mar 19, 2026 · RAUM change · derived
  • B••••••• K•••• C••••••• left D•••• W••••• A••••••• for D•••••••• A••••••• S•••••••• L•• (registered 2025-10-15)
    Oct 15, 2025 · Advisor changed firm · fact
  • J•• L••••• W•••• left D•••• W••••• A••••••• for S••••• I••••••••• A•••••••• L•• (registered 2025-08-04)
    Aug 1, 2025 · Advisor changed firm · fact
  • 2 advisors left K••••• T••••• M••••••••• L•• (Orem, UT) for D•••• W••••• A••••••• on the same day
    May 21, 2025 · Team lift-out · derived
  • T••••• M• V••••• left D•••• W••••• A••••••• for O••••• W••••• M••••••••• (registered 2025-01-14)
    May 12, 2025 · Advisor changed firm · fact
  • A••• L• F••••••• left D•••• W••••• A••••••• for E••••••• W••••• (registered 2025-03-27)
    Mar 28, 2025 · Advisor changed firm · fact
  • A••••••• L•••• C••••• left D•••• W••••• A••••••• for E••••••• W••••• (registered 2025-03-27)
    Mar 28, 2025 · Advisor changed firm · fact
  • 2 advisors left D•••• W••••• A••••••• (Lehi, UT) for E••••••• W••••• on the same day
    Mar 28, 2025 · Team lift-out · derived
  • C•••• G••••• D•••• left D•••• W••••• A••••••• for H••••••••• A•••• M••••••••• L•• (registered 2024-10-01)
    Dec 16, 2024 · Advisor changed firm · fact
  • R•••••• K••• B•••• left D•••• W••••• A••••••• for H••••••••• A•••• M••••••••• L•• (registered 2024-10-08)
    Dec 16, 2024 · Advisor changed firm · fact
  • D•••• P•••• left D•••• W••••• A••••••• for E••••••• W••••• (registered 2025-04-29)
    Oct 14, 2024 · Advisor changed firm · fact
  • T••• S• S•••••• left D•••• W••••• A••••••• for M• H••••••• S••••••••• I••• (registered 2023-10-06)
    Oct 4, 2023 · Advisor changed firm · fact
  • D•••• W••••• A••••••• reported RAUM $1.8B, up 49% from $1.2B (2022-10-31 to 2023-03-29)
    Mar 29, 2023 · RAUM change · derived
  • 2 advisors left F•••••••• W••••• M••••••••• L•• (Draper, UT) for D•••• W••••• A••••••• within 4 days
    Dec 16, 2022 · Team lift-out · derived
  • D•••• W••••• A••••••• reported RAUM $1.2B, up 46% from $843.1M (2022-02-14 to 2022-03-30)
    Mar 30, 2022 · RAUM change · derived
  • B••••••• J•••• M••••••• left D•••• W••••• A••••••• for T••••••••• C••••••• L•• (registered 2021-11-30)
    Mar 28, 2022 · Advisor changed firm · fact
  • D•••• W••••• A••••••• reported RAUM $843.1M, up 42% from $592.3M (2020-07-16 to 2021-03-30)
    Mar 30, 2021 · RAUM change · derived
  • D•••• W••••• A••••••• reported RAUM $592.3M, up 28% from $463.5M (2019-03-15 to 2020-03-29)
    Mar 29, 2020 · RAUM change · derived
  • D•••• W••••• A••••••• reported RAUM $463.5M, up 156% from $181.0M (2018-10-19 to 2019-03-15)
    Mar 15, 2019 · RAUM change · derived
  • D•••• W••••• A••••••• filed its initial SEC registration (Form ADV)
    Apr 13, 2018 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business email
info@drivewealthadvisers.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
801-901-6150reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
H••••://WWW.LINKEDIN.COM/COMPANY/D••••-WEALTH-ADVISERSreportedpublic record, Form ADV, Sep 18, 2026
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
801-901-6150reportedpublic record, Form ADV, Sep 2, 2026
Team page
drivewealthadvisers.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
$88.3Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026