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

W••••••••• L••

Asset manager (funds and pooled vehicles)Kansas City, MissouriCRD 281955SEC 801-121365websiteIAPD
Latest filing Jul 8, 2026
First filing on the tape Apr 30, 2021 · 27 filings
SEC status approved since May 28, 2021
RAUM
$450M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
44
27 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$450M as of Jul 8, 2026
Mar 9, 2022$169M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 8, 2026
Mar 9, 20220 then
Employees (5.A)44 as of Jul 8, 2026
Mar 9, 202219 then
Private funds5 as of Jul 8, 2026
Mar 9, 20222 then
RAUM +29% over the last fiscal year+30% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 8, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$75.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+29%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 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
  • 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)
  • 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 testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$450M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
6reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      5 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      G••••• A••••• F••• L•Private Equity Fund$150M59Apr 30, 2021
      G••••• A••••• F••• I• L•Private Equity Fund$118M29Mar 30, 2023
      W••••••••• I••••••••• F••• 3• L•Private Equity Fund$54.9M21Apr 30, 2021
      W••••••••• I••••••••• F••• 1• L••no longer reportedPrivate Equity Fund$00Apr 30, 2021
      W•••• • C•••••• R••••••••• F••• L•Private Equity Fund$05Mar 29, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • C•••••• C••••••••• E•••••••• · Manager And Chief Operating Officercontrol
        since 06/2019 · owns less than 5%
      • E••••••• E•••• D•••• · Manager And Chief Investor Relations Officercontrol
        since 09/2021 · owns less than 5%
      • H•••••• M••••••• N••••• · Manager And Chief Investment Officercontrol
        since 04/2024 · owns less than 5%
      • M•••••••• M••••• M••••••• · Chief Compliance Officercontrol
        since 01/2023 · owns less than 5%
      • M••••• J•••• E••••• · Managercontrol
        since 06/2019 · owns less than 5%
      • O••••••••• P•••• G••• · Manager And Presidentcontrol
        since 09/2019 · owns less than 5%
      • W••••• G•••• J••• · Manager And Chief Executive Officercontrol
        since 01/2014 · owns less than 5%
      Entity owners
      • W••••••••• I••• · Sole Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • G••••• A••••• F••• G• L••
        pooled vehicle sponsory
      • G••••• A••••• F••• I• G• L••
        pooled vehicle sponsory
      • W•••• • C•••••• R••••••••• F••• G• L••
        pooled vehicle sponsory
      • W••••••••• G• L••
        pooled vehicle sponsorn
      • W••••••••• I•••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 5 to 6
        Jan 8, 2026 to Mar 30, 2026
      • Advisory employees · 31 to 27
        Jan 8, 2026 to Mar 30, 2026
      • Pooled vehicle clients · 5 to 6
        Jan 8, 2026 to Mar 30, 2026
      • Assets in custody · 348488168.0 to unset
        Jan 8, 2026 to Mar 30, 2026
      • Custody of client assets · true to false
        Jan 8, 2026 to Mar 30, 2026
      • Employees · 41 to 44
        Jan 8, 2026 to Mar 30, 2026
      • Private funds · 4 to 5
        Jan 8, 2026 to Mar 30, 2026
      • Discretionary RAUM · $348M to $450M
        Jan 8, 2026 to Mar 30, 2026
      • Pooled vehicle RAUM · $348M to $450M
        Jan 8, 2026 to Mar 30, 2026
      • RAUM · $348M to $450M
        Jan 8, 2026 to Mar 30, 2026
      • Financial planning clients · unset to
        Mar 24, 2025 to May 14, 2025
      • Advisory employees · 29 to 31
        Sep 17, 2024 to Mar 24, 2025
      • Assets in custody · $322M to $348M
        Sep 17, 2024 to Mar 24, 2025
      • Employees · 39 to 41
        Sep 17, 2024 to Mar 24, 2025
      • Discretionary RAUM · $322M to $348M
        Sep 17, 2024 to Mar 24, 2025
      • Pooled vehicle RAUM · $322M to $348M
        Sep 17, 2024 to Mar 24, 2025
      • RAUM · $322M to $348M
        Sep 17, 2024 to Mar 24, 2025
      • Accounts · 4 to 5
        Sep 27, 2023 to Mar 29, 2024
      • Advisory employees · 22 to 29
        Sep 27, 2023 to Mar 29, 2024
      • Business name · W••••••••• L•• to W••••••••• L••
        Sep 27, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 4 to 5
        Sep 27, 2023 to Mar 29, 2024
      • Assets in custody · $205M to $322M
        Sep 27, 2023 to Mar 29, 2024
      • Employees · 28 to 39
        Sep 27, 2023 to Mar 29, 2024
      • Private funds · 3 to 4
        Sep 27, 2023 to Mar 29, 2024
      • Discretionary RAUM · $205M to $322M
        Sep 27, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $205M to $322M
        Sep 27, 2023 to Mar 29, 2024
      • RAUM · $205M to $322M
        Sep 27, 2023 to Mar 29, 2024
      • Legal name · W••••••••• L•• to W••••••••• L••
        Sep 26, 2023 to Sep 27, 2023
      • Accounts · 3 to 4
        Jan 18, 2023 to Mar 30, 2023
      • Advisory employees · 13 to 22
        Jan 18, 2023 to Mar 30, 2023
      • Pooled vehicle clients · 3 to 4
        Jan 18, 2023 to Mar 30, 2023
      • Assets in custody · $169M to $205M
        Jan 18, 2023 to Mar 30, 2023
      • Employees · 21 to 28
        Jan 18, 2023 to Mar 30, 2023
      • Other offices · 1 to 0
        Jan 18, 2023 to Mar 30, 2023
      • Private funds · 2 to 3
        Jan 18, 2023 to Mar 30, 2023
      • Discretionary RAUM · $169M to $205M
        Jan 18, 2023 to Mar 30, 2023
      • Pooled vehicle RAUM · $169M to $205M
        Jan 18, 2023 to Mar 30, 2023
      • RAUM · $169M to $205M
        Jan 18, 2023 to Mar 30, 2023
      • Advisory employees · 12 to 13
        May 3, 2022 to Jun 20, 2022
      • Employees · 19 to 21
        May 3, 2022 to Jun 20, 2022
      Signals
      6 dated events
      • W••••••••• L•• reported RAUM $450.2M, up 29% from $348.5M (2026-01-08 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • Nadina Marlene Hormes (Manager And Chief Investment Officer) appeared on Schedule A of W••••••••• L••
        Apr 8, 2024 · Control person joined · fact
      • W••••••••• L•• reported RAUM $322.2M, up 57% from $205.5M (2023-09-27 to 2024-03-29)
        Mar 29, 2024 · RAUM change · derived
      • Margaret Marie Milligan (Chief Compliance Officer) appeared on Schedule A of W••••••••• L••
        Jan 17, 2023 · Control person joined · fact
      • D•••• E••• E•••••• (Chief Investor Relations Officer) appeared on Schedule A of W••••••••• L••
        Mar 9, 2022 · Control person joined · fact
      • W••••••••• L•• filed its initial SEC registration (Form ADV)
        Apr 30, 2021 · 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
      Website
      w•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      816-800-8100reportedpublic record, Form ADV, Jul 8, 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
      Asset manager (funds and pooled vehicles)deriveda 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