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

Vision Capital Partners

Independent wealth managerAnn Arbor, MichiganCRD 175147SEC 801-100364websiteIAPD
Latest filing Apr 21, 2026
First filing on the tape Jun 3, 2015 · 37 filings
SEC status approved since Jun 12, 2015
RAUM
$147M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$140M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$73.3M
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$147M as of Apr 21, 2026
Sep 30, 2015$92.1M then
HNW client RAUM$115M as of Apr 21, 2026
Sep 24, 2018$97.8M then
State-registered IARs (5.B.3)2 as of Apr 21, 2026
Sep 30, 20153 then
Employees (5.A)4 as of Apr 21, 2026
Sep 30, 20153 then
Private funds: no history
RAUM +15% over the last fiscal year+3.1% a year over threeIARs 3 to 2offices 2 to 0
Practice profile
derived from the filing of Apr 21, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$73.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
69derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.7MderivedHNW RAUM over HNW clients
Average account
$400,444derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
4.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
-33%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.7%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, educational seminars, otherreportedItem 5.G
Custody
$71.1M, 43 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
  • High-net-worth individuals$115M78%
  • Individuals$25.0M17%
  • Pension and profit-sharing plans$5.3M3.6%
  • Charitable organizations$1.5M1.0%
Individual clients
94reported
HNW clients
43reported
Pension plan clients
3reported
Charitable clients
1reported
Accounts
366reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$71.1M for 43 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.95 fund_share=0.0 institutional_share=0.05 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Thomas Wesley DuncanAnn Arbor, MiJul 17, 201525 y1
Julie E. Hall LabruneCertified Financial PlannerAnn Arbor, MiOct 9, 202023 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 headcount1 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
    • Wesley Thomas Duncan · President, Chief Compliance Officer And Managing Membercontrol
      since 06/2015 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Ann Arbor, Mi · principal200
    Offices
    Schedule D 1.F, the 25 largest
    • Novi, MI2 employees
    • Sylvania, OH1 employees
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • business activity changedChange between filings · filing Apr 21, 2026
      selection of other advisers (Item 5.G.7): no on the filing of 2025-09-16, yes on the filing of 2026-04-21
      peers: independent wealth managers, $100M to $500M (5,676)
    What changed
    consecutive filings, newest first
    • Advisory activities · 4 to 5
      Sep 16, 2025 to Apr 21, 2026
    • Accounts · 341 to 366
      Jul 2, 2025 to Sep 16, 2025
    • Charity clients · 2 to 1
      Jul 2, 2025 to Sep 16, 2025
    • HNW clients · 42 to 43
      Jul 2, 2025 to Sep 16, 2025
    • Pension plan clients · 5 to 3
      Jul 2, 2025 to Sep 16, 2025
    • Assets in custody · unset to 71080373.0
      Jul 2, 2025 to Sep 16, 2025
    • Custody of client assets · false to true
      Jul 2, 2025 to Sep 16, 2025
    • Employees · 3 to 4
      Jul 2, 2025 to Sep 16, 2025
    • Financial planning clients · 1-10 to 101-250
      Jul 2, 2025 to Sep 16, 2025
    • Other offices · 2 to 0
      Jul 2, 2025 to Sep 16, 2025
    • Discretionary RAUM · $127M to $147M
      Jul 2, 2025 to Sep 16, 2025
    • HNW RAUM · $91.9M to $115M
      Jul 2, 2025 to Sep 16, 2025
    • Individual RAUM · $28.1M to $25.0M
      Jul 2, 2025 to Sep 16, 2025
    • Pension RAUM · $4.9M to $5.3M
      Jul 2, 2025 to Sep 16, 2025
    • RAUM · $127M to $147M
      Jul 2, 2025 to Sep 16, 2025
    • Financial planning clients · 1-10 to 1-10
      Sep 20, 2024 to Jul 2, 2025
    • State-registered IARs · 3 to 2
      Sep 20, 2024 to Jul 2, 2025
    • Accounts · 431 to 341
      Oct 16, 2023 to Sep 20, 2024
    • Charity clients · 1 to 2
      Oct 16, 2023 to Sep 20, 2024
    • Corporate clients · 1.0 to unset
      Oct 16, 2023 to Sep 20, 2024
    • HNW clients · 48 to 42
      Oct 16, 2023 to Sep 20, 2024
    • Individual clients · 116 to 94
      Oct 16, 2023 to Sep 20, 2024
    • Pension plan clients · 9 to 5
      Oct 16, 2023 to Sep 20, 2024
    • Commission compensation · true to false
      Oct 16, 2023 to Sep 20, 2024
    • Assets in custody · 88868545.0 to unset
      Oct 16, 2023 to Sep 20, 2024
    • Custody of client assets · true to false
      Oct 16, 2023 to Sep 20, 2024
    • Financial planning clients · 11-25 to 1-10
      Oct 16, 2023 to Sep 20, 2024
    • State-registered IARs · 2 to 3
      Oct 16, 2023 to Sep 20, 2024
    • Discretionary RAUM · $106M to $127M
      Oct 16, 2023 to Sep 20, 2024
    • HNW RAUM · $77.8M to $91.9M
      Oct 16, 2023 to Sep 20, 2024
    • Individual RAUM · $20.2M to $28.1M
      Oct 16, 2023 to Sep 20, 2024
    • Pension RAUM · $7.2M to $4.9M
      Oct 16, 2023 to Sep 20, 2024
    • RAUM · $106M to $127M
      Oct 16, 2023 to Sep 20, 2024
    • Accounts · 606 to 431
      May 22, 2023 to Sep 27, 2023
    • Advisory employees · 4 to 2
      May 22, 2023 to Sep 27, 2023
    • BD registered reps · 4 to 1
      May 22, 2023 to Sep 27, 2023
    • Charity clients · unset to 1.0
      May 22, 2023 to Sep 27, 2023
    • Corporate clients · unset to 1.0
      May 22, 2023 to Sep 27, 2023
    • HNW clients · 110 to 48
      May 22, 2023 to Sep 27, 2023
    • Individual clients · 496 to 116
      May 22, 2023 to Sep 27, 2023
    Signals
    5 dated events
    • Patrick Lowell Grasso left Vision Capital Partners for Robbins Farley Llc (registered 2025-04-22)
      Jul 2, 2025 · Advisor changed firm · fact
    • Jennifer Puckett Hunter left Vision Capital Partners for Raymond James & Associates, Inc. (registered 2023-06-02)
      May 22, 2023 · Advisor changed firm · fact
    • Puckett Jennifer Hunter (Chief Compliance Officer) no longer on Schedule A of Vision Capital Partners (listed 2022-10-31, absent 2023-05-22)
      May 22, 2023 · Control person left · inference
    • Puckett Jennifer Hunter (Chief Compliance Officer) appeared on Schedule A of Vision Capital Partners
      Sep 21, 2020 · Control person joined · fact
    • Vision Capital Partners filed its initial SEC registration (Form ADV)
      Jun 3, 2015 · 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 phone
    734-356-3220reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    734-356-3230reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    734-356-3240reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    linkedin.com/company/vision-capital-partnersreportedpublic record, Form ADV, Sep 17, 2026
    Website
    VISIONCAPITALPARTNERS.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    734-356-3250reportedpublic record, Form ADV, Apr 21, 2026
    Contact form
    visioncapitalpartners.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
    Team page
    visioncapitalpartners.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
    $73.3Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026