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

T••• I••••••••• M••••••••• I•••

Independent wealth managerWaterloo, IowaCRD 226702SEC 801-100395websiteIAPD
Latest filing Apr 20, 2026
First filing on the tape Jun 11, 2015 · 21 filings
SEC status approved since Jul 6, 2015
RAUM
$148M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$148M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$73.9M
derived; firm RAUM over IAPD count
Employees
6
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$148M as of Apr 20, 2026
Mar 9, 2016$104M then
HNW client RAUM$37.4M as of Apr 20, 2026
Mar 2, 2018$30.0M then
State-registered IARs (5.B.3)2 as of Apr 20, 2026
Mar 9, 20161 then
Employees (5.A)6 as of Apr 20, 2026
Mar 9, 20165 then
Private funds: no history
RAUM +11% over the last fiscal year+10% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Apr 20, 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
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$73.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
262derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$668,039derivedHNW RAUM over HNW clients
Average account
$107,655derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-63%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Custody
$112M, 840 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
  • Individuals$110M75%
  • High-net-worth individuals$37.4M25%
Individual clients
467reported
HNW clients
56reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,372reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$112M for 840 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S•••••• J••• T•••Waterloo, IaFeb 9, 202612 y1
J••• S•••••• T•••Certified Financial PlannerWaterloo, IaFeb 9, 202642 y2
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
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • T•••• J•••• S•••••• · Presidentcontrol
      since 07/2015 · owns 75% or more
    • T•••• S••••••• J••• · Chief Compliance Officer
      since 07/2015 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Waterloo, Ia · principal220
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    2 against comparable advisers; where to look, not conclusions
    • clients down average size upCombination · filing Apr 20, 2026
      private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $133,271,675 to $147,702,966, advisors 2 to 2, private clients 1409 to 523, offices 0 to 0 (2025-03-31 to 2026-04-20)
      peers: independent wealth managers, $100M to $500M (5,676)
    • client count collapseChange between filings · filing Apr 20, 2026
      individual and HNW clients (Item 5.D) moved from 1,409.0 to 523.0 (-63.0%) between the annual amendments of 2025-03-31 and 2026-04-20; the peer median change was +3.0% (3309 comparable advisers, 1.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (3,309) · 0.8% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 1,409 to 1,372
      Feb 6, 2026 to Mar 27, 2026
    • BD registered reps · 1 to 0
      Feb 6, 2026 to Mar 27, 2026
    • HNW clients · 460 to 56
      Feb 6, 2026 to Mar 27, 2026
    • Individual clients · 949 to 467
      Feb 6, 2026 to Mar 27, 2026
    • Assets in custody · $80.3M to $112M
      Feb 6, 2026 to Mar 27, 2026
    • Discretionary RAUM · $133M to $148M
      Feb 6, 2026 to Mar 27, 2026
    • HNW RAUM · $33.3M to $37.4M
      Feb 6, 2026 to Mar 27, 2026
    • Individual RAUM · $100M to $110M
      Feb 6, 2026 to Mar 27, 2026
    • RAUM · $133M to $148M
      Feb 6, 2026 to Mar 27, 2026
    • Related broker-dealer · true to false
      Feb 6, 2026 to Mar 27, 2026
    • Accounts · 1,450 to 1,409
      Mar 25, 2024 to Mar 31, 2025
    • HNW clients · 450 to 460
      Mar 25, 2024 to Mar 31, 2025
    • Individual clients · 1,000 to 949
      Mar 25, 2024 to Mar 31, 2025
    • Financial planning clients · unset to
      Mar 25, 2024 to Mar 31, 2025
    • Discretionary RAUM · $118M to $133M
      Mar 25, 2024 to Mar 31, 2025
    • HNW RAUM · $33.0M to $33.3M
      Mar 25, 2024 to Mar 31, 2025
    • Individual RAUM · $85.0M to $100M
      Mar 25, 2024 to Mar 31, 2025
    • RAUM · $118M to $133M
      Mar 25, 2024 to Mar 31, 2025
    • Accounts · 1,478 to 1,450
      Oct 3, 2023 to Mar 25, 2024
    • HNW clients · 475 to 450
      Oct 3, 2023 to Mar 25, 2024
    • Individual clients · 1,003 to 1,000
      Oct 3, 2023 to Mar 25, 2024
    • Discretionary RAUM · $111M to $118M
      Oct 3, 2023 to Mar 25, 2024
    • HNW RAUM · $28.0M to $33.0M
      Oct 3, 2023 to Mar 25, 2024
    • Individual RAUM · $82.8M to $85.0M
      Oct 3, 2023 to Mar 25, 2024
    • RAUM · $111M to $118M
      Oct 3, 2023 to Mar 25, 2024
    • Related broker-dealer · false to true
      Oct 3, 2023 to Mar 25, 2024
    • Accounts · 1,715 to 1,478
      Mar 24, 2022 to Mar 21, 2023
    • HNW clients · 116 to 475
      Mar 24, 2022 to Mar 21, 2023
    • Individual clients · 552 to 1,003
      Mar 24, 2022 to Mar 21, 2023
    • Assets in custody · $109M to $80.3M
      Mar 24, 2022 to Mar 21, 2023
    • Discretionary RAUM · $121M to $111M
      Mar 24, 2022 to Mar 21, 2023
    • HNW RAUM · $32.0M to $28.0M
      Mar 24, 2022 to Mar 21, 2023
    • Individual RAUM · $89.1M to $82.8M
      Mar 24, 2022 to Mar 21, 2023
    • RAUM · $121M to $111M
      Mar 24, 2022 to Mar 21, 2023
    • Accounts · 1,524 to 1,715
      Mar 12, 2021 to Mar 24, 2022
    • HNW clients · 144 to 116
      Mar 12, 2021 to Mar 24, 2022
    • Individual clients · 650 to 552
      Mar 12, 2021 to Mar 24, 2022
    • Assets in custody · $26.7M to $109M
      Mar 12, 2021 to Mar 24, 2022
    • Employees · 4 to 6
      Mar 12, 2021 to Mar 24, 2022
    • Discretionary RAUM · $113M to $121M
      Mar 12, 2021 to Mar 24, 2022
    Signals
    1 dated events
    • T••• I••••••••• I••• filed its initial SEC registration (Form ADV)
      Jun 11, 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
    Firm profile
    H••••://WWW.LINKEDIN.COM/COMPANY/T•••-INVESTMENTS-INC.reportedpublic record, Form ADV, Sep 18, 2026
    Website
    H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    319-235-0075reportedpublic record, Form ADV, Apr 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
    $73.9Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026