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

1900 Wealth

Independent wealth managerSan Antonio, TexasCRD 175346SEC 801-105469websiteIAPD
Legal name 1900 Wealth Management LLC
Latest filing Aug 20, 2026
First filing on the tape Jul 23, 2015 · 41 filings
SEC status approved since Sep 2, 2015
RAUM
$3.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
57%
$1.7B individuals and HNW
Advisors
18
registered through the firm on IAPD
RAUM per advisor
$171M
derived; firm RAUM over IAPD count
Employees
22
20 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
12
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$3.1B as of Aug 20, 2026
Mar 16, 2016$246M then
HNW client RAUM$1.7B as of Aug 20, 2026
Feb 27, 2018$265M then
State-registered IARs (5.B.3)18 as of Aug 20, 2026
Mar 16, 20161 then
Employees (5.A)22 as of Aug 20, 2026
Mar 16, 20161 then
Private funds12 as of Aug 20, 2026
Mar 28, 20233 then
RAUM +35% over the last fiscal year+25% a year over threeIARs 12 to 18offices 1 to 2
Practice profile
derived from the filing of Aug 20, 2026; every figure names its basis
Archetypes, each a printed rule
  • Bank affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
  • RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
RAUM per advisor
$171MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
25derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$7.2MderivedHNW RAUM over HNW clients
Average account
$2.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
12%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
6.0derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+35%derivedbetween the last two annual amendments
Advisor growth, one year
+50%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.6%derived
Compensation
percentage of assets, hourly, fixed fees, performance-based, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, pension consulting, selection of other advisersreportedItem 5.G
Custody
$829M, 1 clientsreportedItem 9.A
Ownership
a bank, bancorp or trust company is a 50 percent or greater ownerderived
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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.7B54%
  • Banks and thrifts$857M28%
  • Charitable organizations$382M12%
  • Pooled investment vehicles$89.4M2.9%
  • Individuals$78.8M2.6%
Individual clients
224reported
HNW clients
230reported
Pension plan clients
n/areported
Charitable clients
31reported
Accounts
1,067reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$829M for 1 clientsreported
Compensation
% of AUM, fixed, hourly, performancereported
Class basis
private_client_share=0.57 fund_share=0.03 institutional_share=0.12 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
18 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Todd Lee BrockwellChartered Financial AnalystSan Antonio, TxOct 5, 201610 y0
Miles Taylor FuquayCertified Financial PlannerSan Antonio, TxAug 1, 201821 y0
Christopher Tobin KardysSan Antonio, TxApr 18, 201915 y0
Richard Rolle DullnigSan Antonio, TxOct 5, 202133 y3
Matthew Robert RichterSan Antonio, TxJul 8, 202220 y0
Jessica Driscoll DroughtSan Antonio, TxFeb 14, 202310 y1
Michael Ray SierraCertified Financial PlannerSan Antonio, TxMar 29, 202314 y0
Robert Boyd JonesChartered Financial AnalystSan Antonio, TxJun 13, 202318 y0
Phyllis Martin KyleSan Antonio, TxSep 28, 202339 y0
Melissa Torres AndersonSan Antonio, TxAug 29, 202418 y1
Hannah Allison JonesSan Antonio, TxOct 22, 202411 y0
Caroline Mcsween SatelSan Antonio, TxFeb 10, 202512 y0
Austin Brannon KrollSan Antonio, TxMar 9, 202512 y2
Mary Mullins RomanczukSan Antonio, TxAug 26, 202510 y0
Jacob Hudson AllisonSan Antonio, TxNov 16, 202511 y0
Charles Curtis DoddSan Antonio, TxDec 8, 202514 y0
Stephen R HernandezSan Antonio, TxDec 22, 202510 y0
James Michael Sulester JrSan Antonio, TxMay 5, 202622 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
Private funds
13 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
1900 Formentera Fund II 2022 SeriesOther Private Fund$22.1M58Mar 28, 2023
1900 Sv Forum 2024 Series$15.4M51Aug 20, 2026
1900 Formentera Fund 3 2025 Series$7.2M67Aug 20, 2026
1900 Elevate Music III 2023 Seriesno longer reportedPrivate Equity Fund$7.0M70Mar 20, 2024
1900 Insight Equity 4 2023 SeriesPrivate Equity Fund$6.4M16Jul 18, 2023
1900 Elevate Music 4 2024 Series$3.5M94Aug 20, 2026
1900 Asto Cp Fund I 2024 Series$3.1M96Aug 20, 2026
1900 Pdc Buda 2023 SeriesReal Estate Fund$2.9M17Mar 20, 2024
1900 Kitsch 2023 SeriesPrivate Equity Fund$2.6M41Mar 28, 2023
1900 Havocai Co-Invest 2026 Series$2.6M43Aug 20, 2026
1900 Scout Ventures Fund 5 2025 Series$1.4M73Aug 20, 2026
1900 Ironspring Venture Fund 2 2024 SeriesPrivate Equity Fund$1.0M11Jul 17, 2024
1900 Direct Series LLCPrivate Equity Fund$01Aug 29, 2022
Owners and control persons
Schedule A and B, latest filing
  • Lee Todd Brockwell · Presidentcontrol
    since 09/2016 · owns less than 5%
  • Rolle Richard Dullnig · Chief Compliance Officercontrol
    since 09/2021 · owns less than 5%
  • Michaelle Teri Grubb · Director Of Operations & Client Experiencecontrol
    since 05/2025 · owns less than 5%
  • Jackson Andrew Lewis · Directorcontrol
    since 07/2015 · owns less than 5%
  • Everette Paul Mcsween · Directorcontrol
    since 07/2015 · owns less than 5%
Entity owners
  • Jefferson Bank · Owner
    direct · owns 75% or more
  • Jefferson Bancshares, Inc. · Owner
    indirect · owns 75% or more of Jefferson Bank
Related persons
Schedule D 7.A
  • Jefferson Bank
    y
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
San Antonio, Tx · principal1840
Offices
Schedule D 1.F, the 25 largest
  • Austin, TX1 employees
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Aug 20, 2026
    Grubb, Teri, Michaelle (DIRECTOR OF OPERATIONS & CLIENT EXPERIENCE) appeared on Schedule A between the filings of 2022-02-09 and 2026-08-20
    peers: independent wealth managers, $1B to $5B (1,360)
  • advisor count surgeChange between filings · filing Mar 18, 2026
    advisory representatives (Item 5.B.3) moved from 12.0 to 18.0 (+50.0%) between the annual amendments of 2025-03-19 and 2026-03-18; the peer median change was 0.0% (999 comparable advisers, 95.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (999) · 95% percentile
  • employee count surgeChange between filings · filing Mar 18, 2026
    employees (Item 5.A) moved from 13.0 to 22.0 (+69.0%) between the annual amendments of 2025-03-19 and 2026-03-18; the peer median change was +4.0% (1050 comparable advisers, 98.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,050) · 98% percentile
What changed
consecutive filings, newest first
  • Accounts · 911 to 1,067
    Nov 21, 2025 to Mar 18, 2026
  • Advisory employees · 12 to 20
    Nov 21, 2025 to Mar 18, 2026
  • Charity clients · 21 to 31
    Nov 21, 2025 to Mar 18, 2026
  • HNW clients · 206 to 230
    Nov 21, 2025 to Mar 18, 2026
  • Individual clients · 212 to 224
    Nov 21, 2025 to Mar 18, 2026
  • Pooled vehicle clients · 9 to 11
    Nov 21, 2025 to Mar 18, 2026
  • Assets in custody · $251M to $829M
    Nov 21, 2025 to Mar 18, 2026
  • Employees · 13 to 22
    Nov 21, 2025 to Mar 18, 2026
  • State-registered IARs · 12 to 18
    Nov 21, 2025 to Mar 18, 2026
  • Private funds · 11 to 12
    Nov 21, 2025 to Mar 18, 2026
  • Discretionary RAUM · $2.3B to $3.1B
    Nov 21, 2025 to Mar 18, 2026
  • HNW RAUM · $1.1B to $1.7B
    Nov 21, 2025 to Mar 18, 2026
  • Individual RAUM · $72.3M to $78.8M
    Nov 21, 2025 to Mar 18, 2026
  • Pooled vehicle RAUM · $67.3M to $89.4M
    Nov 21, 2025 to Mar 18, 2026
  • RAUM · $2.3B to $3.1B
    Nov 21, 2025 to Mar 18, 2026
  • Private funds · 10 to 11
    Jun 11, 2025 to Nov 21, 2025
  • Other offices · 1 to 2
    Mar 19, 2025 to Jun 11, 2025
  • Financial planning clients · 1-10 to 1-10
    Mar 19, 2025 to Jun 11, 2025
  • Private funds · 9 to 10
    Mar 19, 2025 to Jun 11, 2025
  • Accounts · 809 to 911
    Jul 26, 2024 to Mar 19, 2025
  • Advisory employees · 11 to 12
    Jul 26, 2024 to Mar 19, 2025
  • Charity clients · 18 to 21
    Jul 26, 2024 to Mar 19, 2025
  • HNW clients · 164 to 206
    Jul 26, 2024 to Mar 19, 2025
  • Individual clients · 202 to 212
    Jul 26, 2024 to Mar 19, 2025
  • Pooled vehicle clients · 6 to 9
    Jul 26, 2024 to Mar 19, 2025
  • Assets in custody · $198M to $251M
    Jul 26, 2024 to Mar 19, 2025
  • Employees · 12 to 13
    Jul 26, 2024 to Mar 19, 2025
  • State-registered IARs · 11 to 12
    Jul 26, 2024 to Mar 19, 2025
  • Private funds · 7 to 9
    Jul 26, 2024 to Mar 19, 2025
  • Discretionary RAUM · $1.9B to $2.3B
    Jul 26, 2024 to Mar 19, 2025
  • HNW RAUM · $897M to $1.1B
    Jul 26, 2024 to Mar 19, 2025
  • Individual RAUM · $72.4M to $72.3M
    Jul 26, 2024 to Mar 19, 2025
  • Pooled vehicle RAUM · $30.8M to $67.3M
    Jul 26, 2024 to Mar 19, 2025
  • RAUM · $1.9B to $2.3B
    Jul 26, 2024 to Mar 19, 2025
  • Private funds · 6 to 7
    Mar 20, 2024 to Jul 17, 2024
  • Accounts · 728 to 809
    Aug 31, 2023 to Mar 20, 2024
  • Advisory employees · 8 to 11
    Aug 31, 2023 to Mar 20, 2024
  • Charity clients · 19 to 18
    Aug 31, 2023 to Mar 20, 2024
  • HNW clients · 141 to 164
    Aug 31, 2023 to Mar 20, 2024
  • Individual clients · 187 to 202
    Aug 31, 2023 to Mar 20, 2024
Signals
7 dated events
  • 1900 Wealth reported RAUM $3.1B, up 35% from $2.3B (2025-11-21 to 2026-03-18)
    Mar 18, 2026 · RAUM change · derived
  • Maria Guadalupe Harris left 1900 Wealth for Frost Investment Services (registered 2023-01-31)
    Oct 21, 2022 · Advisor changed firm · fact
  • Rolle Richard Dullnig (Chief Compliance Officer) appeared on Schedule A of 1900 Wealth
    Feb 9, 2022 · Control person joined · fact
  • 1900 Wealth reported RAUM $1.3B, up 83% from $723.4M (2020-08-21 to 2021-03-11)
    Mar 11, 2021 · RAUM change · derived
  • 1900 Wealth reported RAUM $619.9M, up 30% from $476.8M (2019-04-23 to 2019-10-01)
    Oct 1, 2019 · RAUM change · derived
  • 1900 Wealth reported RAUM $476.8M, up 49% from $319.2M (2018-08-31 to 2019-02-07)
    Feb 7, 2019 · RAUM change · derived
  • Monticello Wealth Management, Llc filed its initial SEC registration (Form ADV)
    Jul 23, 2015 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
  • 1900 Wealth · Independent Sponsors
    shared crd · capital_provider
  • 1900 Wealth · Private Equity
    shared crd · organization
  • 1900 Wealth · Venture Capital
    shared crd · organization
How to reach
public business contact points only, each with its source
Business phone
512-475-1313reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
877-276-5554reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
210-736-7600reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/1900-wealthreportedpublic record, Form ADV, Sep 17, 2026
Firm profile
linkedin.com/company/monticello-wealth-managementreportedpublic record, Form ADV, Sep 17, 2026
Website
jeffersonbank.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
210-736-7770reportedpublic record, Form ADV, Aug 20, 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
$171Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026
Across the graphs

1900 Wealth is the same institution as 1 record in Real Estate Funds.

Real Estate Funds1

Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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