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

F•••••••• F•••• L••

Independent wealth managerCarlsbad, CaliforniaCRD 282177SEC 801-112408websiteIAPD
Latest filing Jan 29, 2026
First filing on the tape Jan 8, 2018 · 23 filings
SEC status approved since Feb 8, 2018
RAUM
$800M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
68%
$543M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$160M
derived; firm RAUM over IAPD count
Employees
8
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$800M as of Jan 29, 2026
Feb 22, 2018$234M then
HNW client RAUM$506M as of Jan 29, 2026
Feb 22, 2018$127M then
State-registered IARs (5.B.3)5 as of Jan 29, 2026
Feb 22, 20184 then
Employees (5.A)8 as of Jan 29, 2026
Feb 22, 20187 then
Private funds: no history
RAUM +16% over the last fiscal year+18% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Jan 29, 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$160MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
116derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$611,621derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
32%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+25%derivedItem 5.B.3 between annual amendments
Client growth, one year
-13%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
Wrap fee program
$352MreportedItem 5.I
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
  • High-net-worth individuals$506M63%
  • Charitable organizations$254M32%
  • Individuals$37.0M4.6%
  • Pension and profit-sharing plans$3.0M0.4%
Individual clients
287reported
HNW clients
294reported
Pension plan clients
1reported
Charitable clients
2reported
Accounts
1,308reported
Financial planning clients
1-10reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.68 fund_share=0.0 institutional_share=0.32 related_bd=false related_bank=false bd_reps=5.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
B•••••• J••••• W•••••••Certified Financial PlannerC•••Sbad, CaJan 13, 201644 y2
J••••• K•• C••••C•••Sbad, CaAug 3, 201632 y2
J•• W•••••• H••••Certified Financial PlannerC•••Sbad, CaJan 8, 201911 y1
B••••• C••• C•••Certified Financial PlannerC•••Sbad, CaOct 31, 202313 y3
O••••• T••••• G•••••Certified Financial PlannerC•••Sbad, CaJun 2, 202511 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 headcount1 left over 36 months
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • W•••••••• B••••••• J••••• · Chief Compliance Officercontrol
    since 12/2015 · owns 25% to 50%
  • H•••••• K••••••• M•••• · Presidentcontrol
    since 11/2012 · owns 75% or more of H••••• F•••••••• G••••• I•••
  • H••••• J•••• H• · Co-Ownercontrol
    since 12/2015 · owns 50% to 75% of H••••••••• I•••
  • W•••••••• B••••••• J••••• · Co-Ownercontrol
    since 12/2015 · owns 50% to 75% of H••••••••• I•••
Entity owners
  • H••••• F•••••••• G••••• I••• · Member
    direct · owns 25% to 50%
  • H••••••••• I••• · Member
    direct · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Advisers that list F•••••••• F•••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
C•••Sbad, Ca · principal500
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • wealth to institutional shiftCombination · filing Jan 29, 2026
    private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $687,000,000 to $800,000,000, advisors 4 to 5, private clients 669 to 581, offices 0 to 0 (2025-02-14 to 2026-01-29)
    peers: independent wealth managers, $500M to $1B (1,482)
  • institutional asset share shiftChange between filings · filing Jan 29, 2026
    institutional share of RAUM moved from 8.0% to 32.0% between the annual amendments of 2025-02-14 and 2026-01-29
    peers: independent wealth managers, $500M to $1B (1,482)
  • client mix shiftChange between filings · filing Jan 29, 2026
    private-client share of RAUM moved from 92.0% to 68.0% between the annual amendments of 2025-02-14 and 2026-01-29
    peers: independent wealth managers, $500M to $1B (1,482)
What changed
consecutive filings, newest first
  • Accounts · 482 to 1,308
    Aug 25, 2025 to Jan 29, 2026
  • Charity clients · 1 to 2
    Aug 25, 2025 to Jan 29, 2026
  • HNW clients · 264 to 294
    Aug 25, 2025 to Jan 29, 2026
  • Individual clients · 252 to 287
    Aug 25, 2025 to Jan 29, 2026
  • Financial planning clients · 11-25 to 1-10
    Aug 25, 2025 to Jan 29, 2026
  • Discretionary RAUM · $453M to $800M
    Aug 25, 2025 to Jan 29, 2026
  • HNW RAUM · $318M to $506M
    Aug 25, 2025 to Jan 29, 2026
  • Individual RAUM · $71.0M to $37.0M
    Aug 25, 2025 to Jan 29, 2026
  • RAUM · $453M to $800M
    Aug 25, 2025 to Jan 29, 2026
  • Accounts · 1,612 to 482
    Feb 14, 2025 to Aug 25, 2025
  • Advisory employees · 4 to 5
    Feb 14, 2025 to Aug 25, 2025
  • BD registered reps · 4 to 5
    Feb 14, 2025 to Aug 25, 2025
  • HNW clients · 275 to 264
    Feb 14, 2025 to Aug 25, 2025
  • Individual clients · 394 to 252
    Feb 14, 2025 to Aug 25, 2025
  • Pension plan clients · 2 to 1
    Feb 14, 2025 to Aug 25, 2025
  • Employees · 7 to 8
    Feb 14, 2025 to Aug 25, 2025
  • State-registered IARs · 4 to 5
    Feb 14, 2025 to Aug 25, 2025
  • Discretionary RAUM · $687M to $453M
    Feb 14, 2025 to Aug 25, 2025
  • HNW RAUM · $499M to $318M
    Feb 14, 2025 to Aug 25, 2025
  • Individual RAUM · $132M to $71.0M
    Feb 14, 2025 to Aug 25, 2025
  • RAUM · $687M to $453M
    Feb 14, 2025 to Aug 25, 2025
  • Accounts · 1,849 to 1,612
    Dec 9, 2024 to Feb 14, 2025
  • Advisory employees · 5 to 4
    Dec 9, 2024 to Feb 14, 2025
  • HNW clients · 230 to 275
    Dec 9, 2024 to Feb 14, 2025
  • Individual clients · 360 to 394
    Dec 9, 2024 to Feb 14, 2025
  • Employees · 8 to 7
    Dec 9, 2024 to Feb 14, 2025
  • Insurance-licensed employees · 4 to 0
    Dec 9, 2024 to Feb 14, 2025
  • Financial planning clients · 26-50 to 11-25
    Dec 9, 2024 to Feb 14, 2025
  • State-registered IARs · 5 to 4
    Dec 9, 2024 to Feb 14, 2025
  • Discretionary RAUM · $624M to $687M
    Dec 9, 2024 to Feb 14, 2025
  • HNW RAUM · $435M to $499M
    Dec 9, 2024 to Feb 14, 2025
  • Individual RAUM · $170M to $132M
    Dec 9, 2024 to Feb 14, 2025
  • Non-discretionary RAUM · $9.6M to $0
    Dec 9, 2024 to Feb 14, 2025
  • Pension RAUM · $1.5M to $3.0M
    Dec 9, 2024 to Feb 14, 2025
  • RAUM · $633M to $687M
    Dec 9, 2024 to Feb 14, 2025
  • Accounts · 1,451 to 1,849
    Mar 29, 2024 to Jul 9, 2024
  • HNW clients · 222 to 230
    Mar 29, 2024 to Jul 9, 2024
  • Individual clients · 354 to 360
    Mar 29, 2024 to Jul 9, 2024
  • Discretionary RAUM · $565M to $624M
    Mar 29, 2024 to Jul 9, 2024
  • HNW RAUM · $460M to $435M
    Mar 29, 2024 to Jul 9, 2024
Signals
8 dated events
  • F•••••••• F•••• L•• reported RAUM $800.0M, up 77% from $453.0M (2025-08-25 to 2026-01-29)
    Jan 29, 2026 · RAUM change · derived
  • F•••••••• F•••• L•• reported RAUM $453.0M, down 34% from $687.0M (2025-02-14 to 2025-08-25)
    Aug 25, 2025 · RAUM change · derived
  • K•••••• M•••• H••••• left F•••••••• F•••• L•• for H••••• F•••••••• G••••• I••• (registered 2024-12-06)
    Feb 4, 2025 · Advisor changed firm · fact
  • F•••••••• F•••• L•• reported RAUM $642.0M, up 32% from $487.1M (2023-10-31 to 2024-03-29)
    Mar 29, 2024 · RAUM change · derived
  • Dawn Gloria F•••• (President) no longer on Schedule A of F•••••••• F•••• L•• (listed 2020-06-17, absent 2021-01-08)
    Jan 8, 2021 · Control person left · inference
  • R•••••• F•••• (Co-Owner) no longer on Schedule A of F•••••••• F•••• L•• (listed 2020-06-17, absent 2021-01-08)
    Jan 8, 2021 · Control person left · inference
  • F•••••••• F•••• L•• reported RAUM $233.7M, up 124% from $104.3M (2018-01-08 to 2018-02-22)
    Feb 22, 2018 · RAUM change · derived
  • F•••••••• F•••• L•• filed its initial SEC registration (Form ADV)
    Jan 8, 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.
How to reach
public business contact points only, each with its source
Business phone
760-431-3040reportedpublished by the firm, firm site, Sep 15, 2026
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
760-431-3040reportedpublic record, Form ADV, Jan 29, 2026
Team page
financialfocusllc.com/team-jerrie.htmlreportedpublished by the firm, firm site, Sep 15, 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
$160Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026