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.

Former SEC-registered adviser

First Ascent Asset Management, LLC

Former SEC-registered adviserDenver, ColoradoCRD 281470SEC 801-113358IAPD
Latest filing Apr 24, 2023
First filing on the tape May 2, 2018 · 20 filings
RAUM
$1.4B
reported, Item 5.F
Discretionary
82%
of RAUM
Private clients
88%
$1.2B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
12
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$1.4B as of Mar 21, 2023
Mar 22, 2019$152M then
HNW client RAUM$1.1B as of Mar 21, 2023
Mar 22, 2019$31.0M then
State-registered IARs (5.B.3)4 as of Mar 21, 2023
Mar 22, 20195 then
Employees (5.A)12 as of Mar 21, 2023
Mar 22, 20198 then
Private funds: no history
RAUM -2.4% over the last fiscal year+52% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Apr 24, 2023; every figure names its basis
RAUM per advisor
$342MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
1,161derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$346,135derivedHNW RAUM over HNW clients
Average account
$279,351derivedRAUM over accounts (5.F.2.f)
Discretionary
82%derivedof RAUM
Institutional
1.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-2.4%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+26%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, selection of other advisers, educational seminars, otherreportedItem 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 non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.1B79%
  • Individuals$122M8.9%
  • Other investment advisers$112M8.2%
  • Corporations and businesses$30.6M2.2%
  • Pension and profit-sharing plans$15.7M1.1%
  • Charitable organizations$5.2M0.4%
Individual clients
1,514reported
HNW clients
3,129reported
Pension plan clients
18reported
Charitable clients
n/areported
Accounts
4,897reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Louise Karen Garcia · Chief Operating Officer And Chief Compliance Officercontrol
      since 03/2023 · owns less than 5%
    • James Patrick Krulik · Chief Investment Officercontrol
      since 03/2023 · owns less than 5%
    • Andrew Scott Mackillop · Chief Executive Officercontrol
      since 03/2023 · owns less than 5%
    Entity owners
    • Geowealth LLC · Owner
      direct · owns 75% or more
    • Geowealth Enterprises, LLC · Member
      indirect · owns 75% or more of Geowealth LLC
    • Geowealth Holdings, LLC · Member
      indirect · owns 75% or more of Geowealth LLC
    • I.A. O'Shaughnessy Trust, Fbo Gerald E. O'Shaughnessy · Shareholder
      indirect · owns 25% to 50% of Geowealth LLC
    • L.G. O'Shaughnessy Trust, Fbo Gerald E. O'Shaughnessy · Shareholder
      indirect · owns 25% to 50% of Geowealth LLC
    • Montreaux, Inc · Shareholder
      indirect · owns 75% or more of Geowealth LLC
    • Phoenix Capital Group, Inc. · Shareholder
      indirect · owns 75% or more of Geowealth LLC
    • The Globe Resources Group Inc. · Member
      indirect · owns 75% or more of Geowealth LLC
    Related persons
    Schedule D 7.A
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Denver, Co · principal000
    Benton, Ar000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Related adviser · false to true
      Mar 21, 2023 to Apr 24, 2023
    • Accounts · 4,534 to 4,897
      Aug 12, 2022 to Mar 21, 2023
    • Corporate clients · 16 to 26
      Aug 12, 2022 to Mar 21, 2023
    • HNW clients · 2,563 to 3,129
      Aug 12, 2022 to Mar 21, 2023
    • Individual clients · 1,112 to 1,514
      Aug 12, 2022 to Mar 21, 2023
    • Pension plan clients · 10 to 18
      Aug 12, 2022 to Mar 21, 2023
    • Employees · 9 to 12
      Aug 12, 2022 to Mar 21, 2023
    • Discretionary RAUM · $957M to $1.1B
      Aug 12, 2022 to Mar 21, 2023
    • HNW RAUM · $950M to $1.1B
      Aug 12, 2022 to Mar 21, 2023
    • Individual RAUM · $96.8M to $122M
      Aug 12, 2022 to Mar 21, 2023
    • Non-discretionary RAUM · $444M to $252M
      Aug 12, 2022 to Mar 21, 2023
    • Pension RAUM · $8.5M to $15.7M
      Aug 12, 2022 to Mar 21, 2023
    • RAUM · $1.4B to $1.4B
      Aug 12, 2022 to Mar 21, 2023
    • Accounts · 3,225 to 4,534
      Dec 24, 2021 to Mar 17, 2022
    • Advisory activities · 3 to 4
      Dec 24, 2021 to Mar 17, 2022
    • Corporate clients · 19 to 16
      Dec 24, 2021 to Mar 17, 2022
    • HNW clients · 1,435 to 2,563
      Dec 24, 2021 to Mar 17, 2022
    • Individual clients · 908 to 1,112
      Dec 24, 2021 to Mar 17, 2022
    • Pension plan clients · 6 to 10
      Dec 24, 2021 to Mar 17, 2022
    • Employees · 8 to 9
      Dec 24, 2021 to Mar 17, 2022
    • State-registered IARs · 5 to 4
      Dec 24, 2021 to Mar 17, 2022
    • Discretionary RAUM · $519M to $957M
      Dec 24, 2021 to Mar 17, 2022
    • HNW RAUM · $491M to $950M
      Dec 24, 2021 to Mar 17, 2022
    • Individual RAUM · $103M to $96.8M
      Dec 24, 2021 to Mar 17, 2022
    • Non-discretionary RAUM · $416M to $444M
      Dec 24, 2021 to Mar 17, 2022
    • Pension RAUM · $4.7M to $8.5M
      Dec 24, 2021 to Mar 17, 2022
    • RAUM · $935M to $1.4B
      Dec 24, 2021 to Mar 17, 2022
    • Accounts · 1,619 to 3,225
      Jun 23, 2020 to Feb 25, 2021
    • Advisory activities · 4 to 3
      Jun 23, 2020 to Feb 25, 2021
    • Corporate clients · 10 to 19
      Jun 23, 2020 to Feb 25, 2021
    • HNW clients · 758 to 1,435
      Jun 23, 2020 to Feb 25, 2021
    • Individual clients · 504 to 908
      Jun 23, 2020 to Feb 25, 2021
    • Discretionary RAUM · $246M to $519M
      Jun 23, 2020 to Feb 25, 2021
    • HNW RAUM · $218M to $491M
      Jun 23, 2020 to Feb 25, 2021
    • Individual RAUM · $45.9M to $103M
      Jun 23, 2020 to Feb 25, 2021
    • Non-discretionary RAUM · $145M to $416M
      Jun 23, 2020 to Feb 25, 2021
    • Pension RAUM · $5.4M to $4.7M
      Jun 23, 2020 to Feb 25, 2021
    • RAUM · $390M to $935M
      Jun 23, 2020 to Feb 25, 2021
    • Accounts · 1,502 to 1,619
      Nov 13, 2019 to Feb 25, 2020
    • Corporate clients · 11 to 10
      Nov 13, 2019 to Feb 25, 2020
    Signals
    9 dated events
    • Charles D Staples left First Ascent Asset Management, Llc for Geowealth Management Llc (registered 2026-01-05)
      Mar 25, 2024 · Advisor changed firm · fact
    • Malcolm Ian Mackillop left First Ascent Asset Management, Llc for Geowealth Management Llc (registered 2024-05-03)
      Mar 25, 2024 · Advisor changed firm · fact
    • Patrick James Krulik left First Ascent Asset Management, Llc for Geowealth Management Llc (registered 2024-04-26)
      Mar 25, 2024 · Advisor changed firm · fact
    • Karen Louise Garcia left First Ascent Asset Management, Llc for Geowealth Management Llc (registered 2026-01-05)
      Mar 25, 2024 · Advisor changed firm · fact
    • First Ascent Asset Management, LLC's advisors moved to Geowealth Management LLC (Denver, CO): 4 of 4 registered, on the same day
      Mar 25, 2024 · Firm absorbed (people side) · derived
    • First Ascent Asset Management, Llc reported RAUM $1.4B, up 50% from $935.0M (2021-12-24 to 2022-03-17)
      Mar 17, 2022 · RAUM change · derived
    • First Ascent Asset Management, Llc reported RAUM $935.0M, up 140% from $390.4M (2020-06-23 to 2021-02-25)
      Feb 25, 2021 · RAUM change · derived
    • First Ascent Asset Management, Llc reported RAUM $362.9M, up 139% from $152.1M (2019-10-22 to 2019-11-13)
      Nov 13, 2019 · RAUM change · derived
    • First Ascent Asset Management, Llc filed its initial SEC registration (Form ADV)
      May 2, 2018 · 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026