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••••• I••••••••• L••

Wealth manager with institutional or fund businessAuburn, AlabamaCRD 269955SEC 801-120845websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 18, 2021 · 12 filings
SEC status approved since Apr 16, 2021
RAUM
$152M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
21%
$32.2M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$37.9M
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$152M as of Mar 31, 2026
Mar 31, 2022$124M then
HNW client RAUM$26.9M as of Mar 31, 2026
Mar 31, 2022$120M then
State-registered IARs (5.B.3)5 as of Mar 31, 2026
Mar 31, 20226 then
Employees (5.A)6 as of Mar 31, 2026
Mar 31, 20227 then
Private funds: no history
RAUM +8.4% over the last fiscal year+8.9% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
$37.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
10derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.2MderivedHNW RAUM over HNW clients
Average account
$1.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
0.8derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+8.4%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-2.5%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Corporations and businesses$119M78%
  • High-net-worth individuals$26.9M18%
  • Individuals$5.3M3.5%
  • Charitable organizations$616,3740.4%
Individual clients
16reported
HNW clients
23reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
111reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.21 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
T••••• M••••• K•••••Chartered Financial AnalystAuburn, AlDec 11, 201520 y0
J••• F•••••••• B•••••Auburn, AlDec 11, 201522 y0
S•••• J••• Z•••Bowling Green, Ky Dec 11, 201531 y3
T••••••• R••••• D••••Auburn, Al Sep 21, 202118 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 headcount1 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B•••••• J•••• F•••••••• · Presidentcontrol
    since 05/2015 · owns less than 5%
  • K•••••• T•••••• M••••• · Executive Vice President And Analystcontrol
    since 05/2015 · owns less than 5%
  • Z•••• S••••• J••• · Chief Operating Officer And Chief Compliance Officercontrol
    since 12/2015 · owns less than 5%
  • B•••••• J•••• F•••••••• · Partner And Shareholdercontrol
    since 01/2019 · owns 50% to 75% of B••••• H•••••••• L••
Entity owners
  • B••••• H•••••••• L•• · Voting Member
    direct · owns 75% or more
Related persons
Schedule D 7.A
Advisers that list B••••• I••••••••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Auburn, Al · principal300
Lutz, Fl000
Offices
Schedule D 1.F, the 25 largest
  • Memphis, TN1 employees
  • Nashville, TN1 employees
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 113 to 111
    Oct 8, 2025 to Mar 31, 2026
  • HNW clients · 22 to 23
    Oct 8, 2025 to Mar 31, 2026
  • Individual clients · 18 to 16
    Oct 8, 2025 to Mar 31, 2026
  • Employees · 7 to 6
    Oct 8, 2025 to Mar 31, 2026
  • Discretionary RAUM · $137M to $150M
    Oct 8, 2025 to Mar 31, 2026
  • HNW RAUM · $23.5M to $26.9M
    Oct 8, 2025 to Mar 31, 2026
  • Individual RAUM · $6.1M to $5.3M
    Oct 8, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $3.0M to $1.6M
    Oct 8, 2025 to Mar 31, 2026
  • RAUM · $140M to $152M
    Oct 8, 2025 to Mar 31, 2026
  • Financial planning clients · 0 to 0
    Mar 31, 2025 to Oct 8, 2025
  • Accounts · 114 to 113
    Apr 1, 2024 to Mar 31, 2025
  • Charity clients · 4.0 to unset
    Apr 1, 2024 to Mar 31, 2025
  • Corporate clients · 6 to 5
    Apr 1, 2024 to Mar 31, 2025
  • HNW clients · 32 to 22
    Apr 1, 2024 to Mar 31, 2025
  • Individual clients · 22 to 18
    Apr 1, 2024 to Mar 31, 2025
  • Discretionary RAUM · $130M to $137M
    Apr 1, 2024 to Mar 31, 2025
  • HNW RAUM · $37.3M to $23.5M
    Apr 1, 2024 to Mar 31, 2025
  • Individual RAUM · $10.5M to $6.1M
    Apr 1, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $1.6M to $3.0M
    Apr 1, 2024 to Mar 31, 2025
  • RAUM · $132M to $140M
    Apr 1, 2024 to Mar 31, 2025
  • Accounts · 101 to 114
    Dec 7, 2023 to Apr 1, 2024
  • Advisory employees · 6 to 5
    Dec 7, 2023 to Apr 1, 2024
  • Advisory activities · 3 to 2
    Dec 7, 2023 to Apr 1, 2024
  • Charity clients · unset to 4.0
    Dec 7, 2023 to Apr 1, 2024
  • Corporate clients · unset to 6.0
    Dec 7, 2023 to Apr 1, 2024
  • HNW clients · 31 to 32
    Dec 7, 2023 to Apr 1, 2024
  • Assets in custody · 90657794.0 to unset
    Dec 7, 2023 to Apr 1, 2024
  • Custody of client assets · true to false
    Dec 7, 2023 to Apr 1, 2024
  • Employees · 8 to 7
    Dec 7, 2023 to Apr 1, 2024
  • State-registered IARs · 6 to 5
    Dec 7, 2023 to Apr 1, 2024
  • Discretionary RAUM · $116M to $130M
    Dec 7, 2023 to Apr 1, 2024
  • HNW RAUM · $106M to $37.3M
    Dec 7, 2023 to Apr 1, 2024
  • Individual RAUM · $11.1M to $10.5M
    Dec 7, 2023 to Apr 1, 2024
  • Non-discretionary RAUM · $1.1M to $1.6M
    Dec 7, 2023 to Apr 1, 2024
  • RAUM · $117M to $132M
    Dec 7, 2023 to Apr 1, 2024
  • Other offices · 5 to 4
    Nov 21, 2023 to Dec 7, 2023
  • Related adviser · false to true
    Jan 4, 2023 to Mar 31, 2023
  • Accounts · 46 to 101
    Jan 4, 2023 to Mar 31, 2023
  • HNW clients · 23 to 31
    Jan 4, 2023 to Mar 31, 2023
  • Assets in custody · $81.7M to $90.7M
    Jan 4, 2023 to Mar 31, 2023
Signals
3 dated events
  • Jo S•••• M••••• (Vice President) no longer on Schedule A of B••••• I••••••••• L•• (listed 2023-11-21, absent 2023-12-07)
    Dec 7, 2023 · Control person left · inference
  • S•••• J• M••••• left B••••• I••••••••• L•• for L•••• V••• C••••••• L•• (registered 2023-04-06)
    Nov 22, 2023 · Advisor changed firm · fact
  • B••••• I••••••••• L•• filed its initial SEC registration (Form ADV)
    Mar 18, 2021 · 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
Website
brightinvestments.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
334-321-2321reportedpublic record, Form ADV, Mar 31, 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
Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
RAUM per advisor
$37.9Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026