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

L••••• B••••• P•••••• F••••• O••••••

Independent wealth managerWest Des Moines, IowaCRD 282261SEC 801-107113websiteIAPD
Legal name L••••• B•••••• L••
Latest filing Mar 18, 2026
First filing on the tape Dec 24, 2015 · 36 filings
SEC status approved since Jan 22, 2016
RAUM
$426M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$422M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$213M
derived; firm RAUM over IAPD count
Employees
8
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$426M as of Mar 18, 2026
Mar 28, 2016$125M then
HNW client RAUM$411M as of Mar 18, 2026
Feb 9, 2018$172M then
State-registered IARs (5.B.3)2 as of Mar 18, 2026
Mar 28, 20161 then
Employees (5.A)8 as of Mar 18, 2026
Mar 28, 20163 then
Private funds: no history
RAUM +31% over the last fiscal year+13% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 18, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
  • uhnw p•••••• wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
$213MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
33derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$15.2MderivedHNW RAUM over HNW clients
Average account
$3.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+31%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+69%derived
Compensation
percentage of assets, hourly, fixed fees, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, otherreportedItem 5.G
Custody
$188M, 22 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 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$411M96%
  • Individuals$11.7M2.8%
  • Charitable organizations$3.5M0.8%
Individual clients
39reported
HNW clients
27reported
Pension plan clients
n/areported
Charitable clients
1reported
Accounts
117reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$188M for 22 clientsreported
Compensation
% of AUM, fixed, hourly, performancereported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
T•••••• L• K•••••West Des Moines, IaFeb 4, 201610 y0
S•••••• B••• M•••••Chartered Financial AnalystWest Des Moines, IaOct 12, 202316 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 headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • H•••••• S••••••• M•••• · Ccocontrol
        since 02/2024 · owns less than 5%
      • K•••••• T••••••• L• · Chief Investment Officercontrol
        since 10/2015 · owns less than 5%
      • Z••••••• M••••••• T••••• · Ceocontrol
        since 10/2015 · owns less than 5%
      • Z••••••• M••••••• T••••• · Trusteecontrol
        since 12/2017 · owns F of M•••••• T• Z•••••• R•••••••• T•••• D•• 1•••••••••
      • Z••••••• M••••••• T••••• · Trusteecontrol
        since 10/2018 · owns F of D••••• E•••••••• Z•••••• T••••
      • Z••••••• M••••••• T••••• · Trusteecontrol
        since 10/2018 · owns F of C•••••• L•••••• Z•••••• T••••
      Entity owners
      • C•••••• L•••••• Z•••••• T•••• · Owner
        direct · owns less than 5%
      • D••••• E•••••••• Z•••••• T•••• · Owner
        direct · owns less than 5%
      • M•••••• T• Z•••••• R•••••••• T•••• D•• 1••••••••• · Owner
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      West Des Moines, Ia · principal200
      Offices
      Schedule D 1.F, the 25 largest
      • White Plains, NY
      • ,
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • unusually large average HNW clientStatic outlier · filing Mar 18, 2026
        HNW RAUM per HNW client of $15,204,147 against a peer median of $2,404,040 (4940 comparable advisers, 100.0th percentile, 8.6 robust deviations)
        peers: independent wealth managers, $100M to $500M (4,940) · 100% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 99 to 117
        Nov 24, 2025 to Mar 18, 2026
      • Charity clients · unset to 1.0
        Nov 24, 2025 to Mar 18, 2026
      • HNW clients · 23 to 27
        Nov 24, 2025 to Mar 18, 2026
      • Individual clients · 16 to 39
        Nov 24, 2025 to Mar 18, 2026
      • Discretionary RAUM · $326M to $426M
        Nov 24, 2025 to Mar 18, 2026
      • HNW RAUM · $309M to $411M
        Nov 24, 2025 to Mar 18, 2026
      • Individual RAUM · $12.8M to $11.7M
        Nov 24, 2025 to Mar 18, 2026
      • RAUM · $326M to $426M
        Nov 24, 2025 to Mar 18, 2026
      • Accounts · 111 to 99
        Dec 26, 2024 to Mar 24, 2025
      • HNW clients · 22 to 23
        Dec 26, 2024 to Mar 24, 2025
      • Individual clients · 13 to 16
        Dec 26, 2024 to Mar 24, 2025
      • Assets in custody · $247M to $188M
        Dec 26, 2024 to Mar 24, 2025
      • Financial planning clients · unset to
        Dec 26, 2024 to Mar 24, 2025
      • Other offices · 2 to 0
        Dec 26, 2024 to Mar 24, 2025
      • Discretionary RAUM · $287M to $326M
        Dec 26, 2024 to Mar 24, 2025
      • HNW RAUM · $274M to $309M
        Dec 26, 2024 to Mar 24, 2025
      • Individual RAUM · $9.4M to $12.8M
        Dec 26, 2024 to Mar 24, 2025
      • RAUM · $287M to $326M
        Dec 26, 2024 to Mar 24, 2025
      • Accounts · 107 to 111
        Oct 25, 2023 to Jan 30, 2024
      • Advisory employees · 2 to 3
        Oct 25, 2023 to Jan 30, 2024
      • HNW clients · 23 to 22
        Oct 25, 2023 to Jan 30, 2024
      • Individual clients · 12 to 13
        Oct 25, 2023 to Jan 30, 2024
      • Assets in custody · $207M to $247M
        Oct 25, 2023 to Jan 30, 2024
      • Employees · 7 to 8
        Oct 25, 2023 to Jan 30, 2024
      • Discretionary RAUM · $293M to $287M
        Oct 25, 2023 to Jan 30, 2024
      • HNW RAUM · $282M to $274M
        Oct 25, 2023 to Jan 30, 2024
      • Individual RAUM · $7.6M to $9.4M
        Oct 25, 2023 to Jan 30, 2024
      • RAUM · $293M to $287M
        Oct 25, 2023 to Jan 30, 2024
      • Accounts · 89 to 107
        Feb 28, 2022 to Feb 28, 2023
      • Charity clients · 2.0 to unset
        Feb 28, 2022 to Feb 28, 2023
      • HNW clients · 21 to 23
        Feb 28, 2022 to Feb 28, 2023
      • Individual clients · 10 to 12
        Feb 28, 2022 to Feb 28, 2023
      • Assets in custody · $212M to $207M
        Feb 28, 2022 to Feb 28, 2023
      • Other offices · 0 to 2
        Feb 28, 2022 to Feb 28, 2023
      • Discretionary RAUM · $288M to $293M
        Feb 28, 2022 to Feb 28, 2023
      • HNW RAUM · $275M to $282M
        Feb 28, 2022 to Feb 28, 2023
      • Individual RAUM · $9.1M to $7.6M
        Feb 28, 2022 to Feb 28, 2023
      • RAUM · $288M to $293M
        Feb 28, 2022 to Feb 28, 2023
      • Accounts · 99 to 89
        Nov 2, 2021 to Feb 23, 2022
      • Charity clients · unset to 2.0
        Nov 2, 2021 to Feb 23, 2022
      Signals
      7 dated events
      • Marie Suzanne Stewart (Chief Compliance Officer) no longer on Schedule A of L••••• B••••• P•••••• F••••• O•••••• (listed 2024-01-30, absent 2024-02-21)
        Feb 21, 2024 · Control person left · inference
      • Mario Suzanne Hammer (Cco) appeared on Schedule A of L••••• B••••• P•••••• F••••• O••••••
        Feb 21, 2024 · Control person joined · fact
      • C•••••••• H••••••• (President) no longer on Schedule A of L••••• B••••• P•••••• F••••• O•••••• (listed 2021-03-31, absent 2021-10-27)
        Oct 27, 2021 · Control person left · inference
      • C•••••••• H••••••• (President) appeared on Schedule A of L••••• B••••• P•••••• F••••• O••••••
        Mar 8, 2021 · Control person joined · fact
      • Marie Suzanne Stewart (Chief Compliance Officer) appeared on Schedule A of L••••• B••••• P•••••• F••••• O••••••
        May 18, 2020 · Control person joined · fact
      • Leo Joseph Burvee (Chief Compliance Officer) no longer on Schedule A of L••••• B••••• P•••••• F••••• O•••••• (listed 2020-05-18, absent 2020-05-18)
        May 18, 2020 · Control person left · inference
      • L••••• B•••••• L•• filed its initial SEC registration (Form ADV)
        Dec 24, 2015 · 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 phone
      515-421-4870reportedpublished by the firm, firm site, Sep 16, 2026
      Website
      L•••••B•••••PFO.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      515-421-4870reportedpublic record, Form ADV, Mar 18, 2026
      Contact form
      legacybridgepfo.com/contact-usreportedpublished by the firm, firm site, Sep 16, 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
      $213Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026