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

B••••• W••• C••••••• L••

Independent wealth managerDallas, TexasCRD 269897SEC 801-118151websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Jan 30, 2020 · 15 filings
SEC status approved since Feb 28, 2020
RAUM
$106M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
67%
$71.3M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$106M
derived; firm RAUM over IAPD count
Employees
2
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$106M as of Mar 31, 2026
Feb 3, 2021$122M then
HNW client RAUM$71.3M as of Mar 31, 2026
Feb 3, 2021$95.7M then
State-registered IARs (5.B.3)1 as of Mar 31, 2026
Feb 3, 20211 then
Employees (5.A)2 as of Mar 31, 2026
Feb 3, 20212 then
Private funds: 4
RAUM -1.3% over the last fiscal year-0.6% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
RAUM per advisor
$106MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.4MderivedHNW RAUM over HNW clients
Average account
$2.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
30%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-1.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Wrap fee program
$106MreportedItem 5.I
Custody
$9.7M, 16 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 custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$71.3M67%
  • Charitable organizations$32.0M30%
  • Corporations and businesses$2.9M2.7%
Individual clients
n/areported
HNW clients
51reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
54reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$9.7M for 16 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.67 fund_share=0.0 institutional_share=0.3 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
C•••••• W• D•••••Dallas, TxJul 17, 201518 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
    6 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    S•••• A•••• L••no longer reportedPrivate Equity Fund$7.1M32Jan 30, 2020
    I••• H•••• C••••••• L••no longer reportedReal Estate Fund$6.8M34Nov 6, 2020
    I••• H•••• P••••••••• L••no longer reportedReal Estate Fund$5.0M31Nov 1, 2021
    B•• 3••• L••no longer reportedReal Estate Fund$1.7M22Jan 30, 2020
    B•••••• F•••••• V•••••• L••no longer reportedPrivate Equity Fund$1.5M26Jan 30, 2020
    P•••• P••••••• I••••••••• I• L••no longer reportedPrivate Equity Fund$685,0218Nov 1, 2021
    Owners and control persons
    Schedule A and B, latest filing
    • D•••••• C••••••• W• · Chief Executive Officer And Chief Compliance Officercontrol
      since 06/2015 · owns 75% or more
    Related persons
    Schedule D 7.A
    • D•• C•••••• L••
      pooled vehicle sponsory
    • D••••• R••••••••
      pooled vehicle sponsory
    • I••• H•••• C•••••• L••
      pooled vehicle sponsory
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • low discretionary shareStatic outlier · filing Mar 31, 2026
      discretionary share of RAUM of 0% against a peer median of 100% (5678 comparable advisers, 0.0th percentile, 33.7 robust deviations)
      peers: independent wealth managers, $100M to $500M (5,678) · 0.0% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 57 to 54
      Feb 11, 2025 to Mar 31, 2026
    • HNW clients · 53 to 51
      Feb 11, 2025 to Mar 31, 2026
    • Assets in custody · $9.5M to $9.7M
      Feb 11, 2025 to Mar 31, 2026
    • HNW RAUM · $73.0M to $71.3M
      Feb 11, 2025 to Mar 31, 2026
    • Non-discretionary RAUM · $108M to $106M
      Feb 11, 2025 to Mar 31, 2026
    • RAUM · $108M to $106M
      Feb 11, 2025 to Mar 31, 2026
    • Wrap assets (sponsor) · $108M to $0
      Feb 11, 2025 to Mar 31, 2026
    • HNW clients · 54 to 53
      Mar 11, 2024 to Feb 11, 2025
    • Assets in custody · $10.4M to $9.5M
      Mar 11, 2024 to Feb 11, 2025
    • Financial planning clients · unset to
      Mar 11, 2024 to Feb 11, 2025
    • HNW RAUM · $71.9M to $73.0M
      Mar 11, 2024 to Feb 11, 2025
    • Non-discretionary RAUM · $106M to $108M
      Mar 11, 2024 to Feb 11, 2025
    • RAUM · $106M to $108M
      Mar 11, 2024 to Feb 11, 2025
    • Accounts · 47 to 57
      Nov 28, 2023 to Mar 11, 2024
    • Advisory employees · 2 to 1
      Nov 28, 2023 to Mar 11, 2024
    • HNW clients · 46 to 54
      Nov 28, 2023 to Mar 11, 2024
    • Assets in custody · $74.1M to $10.4M
      Nov 28, 2023 to Mar 11, 2024
    • Employees · 3 to 2
      Nov 28, 2023 to Mar 11, 2024
    • HNW RAUM · $78.0M to $71.9M
      Nov 28, 2023 to Mar 11, 2024
    • Non-discretionary RAUM · $108M to $106M
      Nov 28, 2023 to Mar 11, 2024
    • RAUM · $108M to $106M
      Nov 28, 2023 to Mar 11, 2024
    • Accounts · 49 to 47
      Feb 17, 2022 to Mar 22, 2023
    • HNW clients · 48 to 46
      Feb 17, 2022 to Mar 22, 2023
    • Assets in custody · $6.8M to $74.1M
      Feb 17, 2022 to Mar 22, 2023
    • Employees · 2 to 3
      Feb 17, 2022 to Mar 22, 2023
    • HNW RAUM · $116M to $78.0M
      Feb 17, 2022 to Mar 22, 2023
    • Non-discretionary RAUM · $145M to $108M
      Feb 17, 2022 to Mar 22, 2023
    • RAUM · $145M to $108M
      Feb 17, 2022 to Mar 22, 2023
    • Wrap assets (sponsor) · $103M to $108M
      Feb 17, 2022 to Mar 22, 2023
    • Accounts · 48 to 49
      Nov 1, 2021 to Feb 17, 2022
    • HNW clients · 46 to 48
      Nov 1, 2021 to Feb 17, 2022
    • Assets in custody · $2.6M to $6.8M
      Nov 1, 2021 to Feb 17, 2022
    • Private funds · 6 to unset
      Nov 1, 2021 to Feb 17, 2022
    • HNW RAUM · $95.7M to $116M
      Nov 1, 2021 to Feb 17, 2022
    • Non-discretionary RAUM · $122M to $145M
      Nov 1, 2021 to Feb 17, 2022
    • RAUM · $122M to $145M
      Nov 1, 2021 to Feb 17, 2022
    • Wrap assets (sponsor) · $0 to $103M
      Nov 1, 2021 to Feb 17, 2022
    • Private funds · 4 to 6
      Feb 3, 2021 to Nov 1, 2021
    • Accounts · 171 to 48
      Nov 6, 2020 to Feb 3, 2021
    • Advisory activities · 5 to 4
      Nov 6, 2020 to Feb 3, 2021
    Signals
    1 dated events
    • B••••• W••• C••••••• L•• filed its initial SEC registration (Form ADV)
      Jan 30, 2020 · 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
    i•••@b•••••••••.comreportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    214-935-3282reportedpublished by the firm, firm site, Sep 17, 2026
    Website
    B•••••W•••-CAPITAL.COMreportedpublic record, Form ADV, Sep 19, 2026
    Principal office phone
    214.935.3707reportedpublic record, Form ADV, Mar 31, 2026
    Contact form
    b•••••••••.comreportedpublished by the firm, firm site, Sep 17, 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
    $106Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026
    Across the graphs

    B••••• W••• C••••••• L•• 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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