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

Ark Royal Wealth Management LLC

Independent wealth managerRaleigh, North CarolinaCRD 175151SEC 801-133920websiteIAPD
Latest filing Mar 26, 2026
First filing on the tape Jun 20, 2025 · 3 filings
SEC status approved since Jul 21, 2025
RAUM
$169M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
92%
$156M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$56.4M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
3 filings and snapshots on the tape
RAUM$169M as of Mar 26, 2026
Jun 20, 2025$139M then
HNW client RAUM$150M as of Mar 26, 2026
Jun 20, 2025$126M then
State-registered IARs (5.B.3)3 as of Mar 26, 2026
Jun 20, 20253 then
Employees (5.A)4 as of Mar 26, 2026
Jun 20, 20254 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
RAUM per advisor
$56.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
27derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.9MderivedHNW RAUM over HNW clients
Average account
$539,201derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, publications, educational seminarsreportedItem 5.G
Custody
$19.0M, 21 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$150M94%
  • Individuals$6.0M3.8%
  • Pension and profit-sharing plans$2.6M1.6%
  • Corporations and businesses$218,0000.1%
  • Charitable organizations$135,0000.1%
Individual clients
29reported
HNW clients
52reported
Pension plan clients
6reported
Charitable clients
5reported
Accounts
314reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$19.0M for 21 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.92 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Michael Hamilton PalmerCertified Financial PlannerRaleigh, NcMar 23, 201511 y1
Zachary Michael PalmerCertified Financial PlannerRaleigh, NcMar 7, 202412 y1
Nicholas Travis RossCertified Financial PlannerRaleigh, NcOct 28, 202411 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
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Hamilton Michael Palmer · Managing Member / Ccocontrol
      since 02/2015 · owns 75% or more
    • Michael Zachary Palmer · Member And Wealth Advisor
      since 01/2025 · owns 10% to 25%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Raleigh, Nc · principal300
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 275 to 314
      Oct 15, 2025 to Mar 26, 2026
    • HNW clients · 43 to 52
      Oct 15, 2025 to Mar 26, 2026
    • Individual clients · 17 to 29
      Oct 15, 2025 to Mar 26, 2026
    • Discretionary RAUM · $139M to $169M
      Oct 15, 2025 to Mar 26, 2026
    • HNW RAUM · $126M to $150M
      Oct 15, 2025 to Mar 26, 2026
    • Individual RAUM · $3.7M to $6.0M
      Oct 15, 2025 to Mar 26, 2026
    • Pension RAUM · $1.8M to $2.6M
      Oct 15, 2025 to Mar 26, 2026
    • RAUM · $139M to $169M
      Oct 15, 2025 to Mar 26, 2026
    Signals
    No event on the tape.
    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
    Firm profile
    linkedin.com/company/ark-royal-wealth-managementreportedpublic record, Form ADV, Sep 17, 2026
    Website
    ark-wealth.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    919-710-8665reportedpublic record, Form ADV, Mar 26, 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
    $56.4Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026