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
Frg Family Wealth Advisors
Latest filing Mar 21, 2026
First filing on the tape Jan 15, 2016 · 20 filings
SEC status approved since Jan 27, 2016
RAUM
$834M
reported, Item 5.F
Discretionary
44%
of RAUM
Private clients
91%
$760M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
2 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$834M as of Mar 21, 2026
Mar 30, 2016$396M then
HNW client RAUM$724M as of Mar 21, 2026
Mar 28, 2018$382M then
State-registered IARs (5.B.3)2 as of Mar 21, 2026
Mar 30, 20160 then
Employees (5.A)4 as of Mar 21, 2026
Mar 30, 20165 then
Private funds: no history
RAUM +13% over the last fiscal year+14% a year over threeIARs 3 to 2
Practice profile
derived from the filing of Mar 21, 2026; every figure names its basis
- RAUM per advisor
- $417MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 133derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $6.4MderivedHNW RAUM over HNW clients
- Average account
- $1.2MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 44%derivedof RAUM
- Institutional
- 2.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +13%derivedbetween the last two annual amendments
- Advisor growth, one year
- -33%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +6.0%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Custody
- $142M, 27 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$724M87%
- Corporations and businesses$55.4M6.6%
- Individuals$36.3M4.4%
- Charitable organizations$17.8M2.1%
- Individual clients
- 152reported
- HNW clients
- 113reported
- Pension plan clients
- n/areported
- Charitable clients
- 11reported
- Accounts
- 684reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $142M for 27 clientsreported
- 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
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 days2 left over 36 months
Left, latest
- Jimmy Shanggee Wu to Mission Wealth Management, LPMay 21, 2026 · RIA to RIA
- Benjamin Dale Johnson to Mission Wealth Management, LPMay 21, 2026 · RIA to RIA
- Kevin Lewis Penner to Cornerstone Advisors IncOct 19, 2020 · RIA to RIA
Joined, latest
- Benjamin Dale Johnson from Financial Resources GroupJun 23, 2016 · Other
- Jimmy Shanggee Wu from Financial Resources GroupJun 23, 2016 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Mission Wealth Management, LPMay 21, 2026 · Bellevue, Wa
- 2 joined from Financial Resources GroupNov 14, 2016 · Bellevue, Wa
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Dale Benjamin Johnson · Managing Member/Ccocontrolsince 10/2015 · owns 50% to 75%
- Shanggee Jimmy Wu · Managing Membercontrolsince 10/2015 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Bellevue, Wa · principal | 0 | 0 | 2 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 667 to 684Nov 26, 2025 to Mar 21, 2026
- Advisory employees · 3 to 2Nov 26, 2025 to Mar 21, 2026
- Charity clients · 12 to 11Nov 26, 2025 to Mar 21, 2026
- HNW clients · 104 to 113Nov 26, 2025 to Mar 21, 2026
- Individual clients · 146 to 152Nov 26, 2025 to Mar 21, 2026
- Pension plan clients · 1.0 to unsetNov 26, 2025 to Mar 21, 2026
- Assets in custody · $108M to $142MNov 26, 2025 to Mar 21, 2026
- Employees · 5 to 4Nov 26, 2025 to Mar 21, 2026
- State-registered IARs · 3 to 2Nov 26, 2025 to Mar 21, 2026
- Legal name · FINANCIAL RESOURCES GROUP.COM LLC to FRG FAMILY WEALTH ADVISORSNov 26, 2025 to Mar 21, 2026
- Discretionary RAUM · $313M to $364MNov 26, 2025 to Mar 21, 2026
- HNW RAUM · $639M to $724MNov 26, 2025 to Mar 21, 2026
- Individual RAUM · $36.5M to $36.3MNov 26, 2025 to Mar 21, 2026
- Non-discretionary RAUM · $427M to $469MNov 26, 2025 to Mar 21, 2026
- Pension RAUM · 7086.0 to unsetNov 26, 2025 to Mar 21, 2026
- RAUM · $741M to $834MNov 26, 2025 to Mar 21, 2026
- Financial planning clients · 0 to 0Mar 31, 2025 to Nov 26, 2025
- Accounts · 610 to 667Mar 29, 2024 to Mar 31, 2025
- Charity clients · 10 to 12Mar 29, 2024 to Mar 31, 2025
- Corporate clients · 8 to 7Mar 29, 2024 to Mar 31, 2025
- HNW clients · 109 to 104Mar 29, 2024 to Mar 31, 2025
- Individual clients · 74 to 146Mar 29, 2024 to Mar 31, 2025
- Assets in custody · $584M to $108MMar 29, 2024 to Mar 31, 2025
- Employees · 4 to 5Mar 29, 2024 to Mar 31, 2025
- Financial planning clients · 101-250 to 0Mar 29, 2024 to Mar 31, 2025
- Discretionary RAUM · $287M to $313MMar 29, 2024 to Mar 31, 2025
- HNW RAUM · $573M to $639MMar 29, 2024 to Mar 31, 2025
- Individual RAUM · $25.3M to $36.5MMar 29, 2024 to Mar 31, 2025
- Non-discretionary RAUM · $380M to $427MMar 29, 2024 to Mar 31, 2025
- Pension RAUM · $23.1M to $7,086Mar 29, 2024 to Mar 31, 2025
- RAUM · $667M to $741MMar 29, 2024 to Mar 31, 2025
- Accounts · 603 to 610Mar 27, 2023 to Mar 29, 2024
- HNW clients · 118 to 109Mar 27, 2023 to Mar 29, 2024
- Individual clients · 78 to 74Mar 27, 2023 to Mar 29, 2024
- Assets in custody · $491M to $584MMar 27, 2023 to Mar 29, 2024
- Discretionary RAUM · $245M to $287MMar 27, 2023 to Mar 29, 2024
- HNW RAUM · $479M to $573MMar 27, 2023 to Mar 29, 2024
- Individual RAUM · $23.4M to $25.3MMar 27, 2023 to Mar 29, 2024
- Non-discretionary RAUM · $321M to $380MMar 27, 2023 to Mar 29, 2024
- Pension RAUM · $25.2M to $23.1MMar 27, 2023 to Mar 29, 2024
Signals
5 dated events
- Frg Family Wealth Advisors no longer on the SEC adviser roster (last listed 2026-05-01, RAUM $833.7M)Jun 1, 2026 · Left the SEC roster · derived
- Jimmy Shanggee Wu left Frg Family Wealth Advisors for Mission Wealth Management, Lp (registered 2026-05-19)May 21, 2026 · Advisor changed firm · fact
- Benjamin Dale Johnson left Frg Family Wealth Advisors for Mission Wealth Management, Lp (registered 2026-05-19)May 21, 2026 · Advisor changed firm · fact
- 2 advisors left Frg Family Wealth Advisors (Bellevue, WA) for Mission Wealth Management, LP on the same dayMay 21, 2026 · Team lift-out · derived
- Financial Resources Group filed its initial SEC registration (Form ADV)Jan 15, 2016 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- FRG Family Wealth Advisors · Family Officesshared crd · office
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