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.

SEC-registered adviser

Sonnet, LLC

Independent wealth managerSpring, TexasCRD 282882SEC 801-133807websiteIAPD
Latest filing Mar 25, 2026
First filing on the tape Jul 1, 2025 · 2 filings
SEC status approved since Jul 3, 2025
RAUM
$148M
reported, Item 5.F
Discretionary
93%
of RAUM
Private clients
100%
$148M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$37.1M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
2 filings and snapshots on the tape
RAUM$148M as of Mar 25, 2026
Jul 1, 2025$118M then
HNW client RAUM$105M as of Mar 25, 2026
Jul 1, 2025$65.1M then
State-registered IARs (5.B.3)4 as of Mar 25, 2026
Jul 1, 20254 then
Employees (5.A)4 as of Mar 25, 2026
Jul 1, 20254 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • 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
RAUM per advisor
$37.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
67derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$306,676derivedRAUM over accounts (5.F.2.f)
Discretionary
93%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 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 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$105M71%
  • Individuals$43.7M29%
Individual clients
227reported
HNW clients
42reported
Pension plan clients
n/areported
Charitable clients
0reported
Accounts
484reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 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
Thomas Wayne SeagoSpring, TxJan 10, 201811 y1
Brian Paul KoeppSpring, TxJan 10, 201829 y6
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
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
  • Jacob Benjamin Childs · Managing Membercontrol
    since 12/2015 · owns 25% to 50%
  • David Steven Frueh · Cco And Managing Membercontrol
    since 12/2015 · owns 25% to 50%
  • Paul Brian Koepp · Managing Membercontrol
    since 12/2015 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Spring, Tx · principal400
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 389 to 484
    Jul 1, 2025 to Mar 25, 2026
  • HNW clients · 29 to 42
    Jul 1, 2025 to Mar 25, 2026
  • Individual clients · 231 to 227
    Jul 1, 2025 to Mar 25, 2026
  • Discretionary RAUM · $111M to $138M
    Jul 1, 2025 to Mar 25, 2026
  • HNW RAUM · $65.1M to $105M
    Jul 1, 2025 to Mar 25, 2026
  • Individual RAUM · $52.5M to $43.7M
    Jul 1, 2025 to Mar 25, 2026
  • Non-discretionary RAUM · $6.3M to $10.3M
    Jul 1, 2025 to Mar 25, 2026
  • RAUM · $118M to $148M
    Jul 1, 2025 to Mar 25, 2026
Signals
No event on the tape.
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
281-404-4346reportedpublished by the firm, firm site, Sep 16, 2026
Website
SONNETINVEST.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
281-404-4346reportedpublic record, Form ADV, Mar 25, 2026
Contact form
sonnetinvest.com/contactreportedpublished 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
$37.1Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026