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

I•••••• A•••••••

Independent wealth managerMontgomery, AlabamaCRD 282899SEC 801-107431websiteIAPD
Legal name M••••••• F•••••••• S•••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Mar 10, 2016 · 24 filings
SEC status approved since Mar 18, 2016
RAUM
$444M
reported, Item 5.F
Discretionary
63%
of RAUM
Private clients
61%
$269M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$55.4M
derived; firm RAUM over IAPD count
Employees
8
6 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$444M as of Mar 31, 2026
Mar 2, 2017$129M then
HNW client RAUM$199M as of Mar 31, 2026
Jan 13, 2018$52.2M then
State-registered IARs (5.B.3)6 as of Mar 31, 2026
Mar 2, 20179 then
Employees (5.A)8 as of Mar 31, 2026
Mar 2, 201717 then
Private funds: no history
RAUM -24% over the last fiscal year+3.8% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Mar 31, 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
  • i••••••••• 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
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$55.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
80derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$893,566derivedHNW RAUM over HNW clients
Average account
$434,000derivedRAUM over accounts (5.F.2.f)
Discretionary
63%derivedof RAUM
Institutional
37%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
-24%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.6%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$199M45%
  • Pension and profit-sharing plans$163M37%
  • Individuals$69.3M16%
  • Corporations and businesses$9.3M2.1%
  • Charitable organizations$2.7M0.6%
Individual clients
417reported
HNW clients
223reported
Pension plan clients
65reported
Charitable clients
5reported
Accounts
1,022reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.61 fund_share=0.0 institutional_share=0.37 related_bd=false related_bank=false bd_reps=5.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J•••••• M•••• H•••••Personal Financial SpecialistAuburn, Al Jul 8, 202311 y0
D••••• G• C•••••••Montgomery, Al Dec 3, 202423 y4
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 headcount2 left over 36 months
Joined, latest
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
  • B•••••••• M••••••• J•••• · Chief Compliance Officer & Chief Operating Officercontrol
    since 06/2020 · owns 50% to 75%
  • M•••••••• C•••• B••••• · Managing Member / Presidentcontrol
    since 02/2016 · owns 50% to 75%
Related persons
Schedule D 7.A
  • C••• B••••• M•••••••
    real estatey
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Montgomery, Al · principal800
Auburn, Al200
Offices
Schedule D 1.F, the 25 largest
  • Auburn, AL1 employees
  • Dothan, AL1 employees
ADV anomalies
5 against comparable advisers; where to look, not conclusions
  • institutional to wealth shiftCombination · filing Mar 31, 2026
    institutional share fell 15 points or more while private-client share rose 15 points or more. RAUM $580,106,131 to $443,547,941, advisors 6 to 6, private clients 630 to 640, offices 2 to 2 (2025-03-31 to 2026-03-31)
    peers: WEALTH_I•••••••••, $100M to $500M (5,676)
  • client mix shiftChange between filings · filing Mar 31, 2026
    private-client share of RAUM moved from 43.0% to 61.0% between the annual amendments of 2025-03-31 and 2026-03-31
    peers: WEALTH_I•••••••••, $100M to $500M (5,676)
  • HNW share shiftChange between filings · filing Mar 31, 2026
    HNW share of RAUM moved from 30.0% to 45.0% between the annual amendments of 2025-03-31 and 2026-03-31
    peers: WEALTH_I•••••••••, $100M to $500M (5,676)
  • discretionary share shiftChange between filings · filing Mar 31, 2026
    discretionary share of RAUM moved from 44.0% to 63.0% between the annual amendments of 2025-03-31 and 2026-03-31
    peers: WEALTH_I•••••••••, $100M to $500M (5,676)
  • institutional asset share shiftChange between filings · filing Mar 31, 2026
    institutional share of RAUM moved from 57.0% to 39.0% between the annual amendments of 2025-03-31 and 2026-03-31
    peers: WEALTH_I•••••••••, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 713 to 1,022
    Mar 31, 2025 to Mar 31, 2026
  • Charity clients · 4 to 5
    Mar 31, 2025 to Mar 31, 2026
  • Corporate clients · 9 to 11
    Mar 31, 2025 to Mar 31, 2026
  • HNW clients · 216 to 223
    Mar 31, 2025 to Mar 31, 2026
  • Individual clients · 414 to 417
    Mar 31, 2025 to Mar 31, 2026
  • Pension plan clients · 63 to 65
    Mar 31, 2025 to Mar 31, 2026
  • Discretionary RAUM · $257M to $281M
    Mar 31, 2025 to Mar 31, 2026
  • HNW RAUM · $173M to $199M
    Mar 31, 2025 to Mar 31, 2026
  • Individual RAUM · $74.8M to $69.3M
    Mar 31, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $323M to $163M
    Mar 31, 2025 to Mar 31, 2026
  • Pension RAUM · $323M to $163M
    Mar 31, 2025 to Mar 31, 2026
  • RAUM · $580M to $444M
    Mar 31, 2025 to Mar 31, 2026
  • Accounts · 994 to 713
    Mar 29, 2024 to Mar 31, 2025
  • HNW clients · 217 to 216
    Mar 29, 2024 to Mar 31, 2025
  • Financial planning clients · 26-50 to 26-50
    Mar 29, 2024 to Mar 31, 2025
  • Discretionary RAUM · $236M to $257M
    Mar 29, 2024 to Mar 31, 2025
  • HNW RAUM · $157M to $173M
    Mar 29, 2024 to Mar 31, 2025
  • Individual RAUM · $65.3M to $74.8M
    Mar 29, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $226M to $323M
    Mar 29, 2024 to Mar 31, 2025
  • Pension RAUM · $226M to $323M
    Mar 29, 2024 to Mar 31, 2025
  • RAUM · $462M to $580M
    Mar 29, 2024 to Mar 31, 2025
  • Accounts · 752 to 994
    Nov 9, 2023 to Mar 29, 2024
  • Charity clients · 9 to 4
    Nov 9, 2023 to Mar 29, 2024
  • Corporate clients · 3 to 9
    Nov 9, 2023 to Mar 29, 2024
  • HNW clients · 315 to 217
    Nov 9, 2023 to Mar 29, 2024
  • Individual clients · 448 to 414
    Nov 9, 2023 to Mar 29, 2024
  • Pension plan clients · 80 to 63
    Nov 9, 2023 to Mar 29, 2024
  • Financial planning clients · 1-10 to 26-50
    Nov 9, 2023 to Mar 29, 2024
  • Discretionary RAUM · $208M to $236M
    Nov 9, 2023 to Mar 29, 2024
  • HNW RAUM · $138M to $157M
    Nov 9, 2023 to Mar 29, 2024
  • Individual RAUM · $66.9M to $65.3M
    Nov 9, 2023 to Mar 29, 2024
  • Non-discretionary RAUM · $188M to $226M
    Nov 9, 2023 to Mar 29, 2024
  • Pension RAUM · $188M to $226M
    Nov 9, 2023 to Mar 29, 2024
  • RAUM · $396M to $462M
    Nov 9, 2023 to Mar 29, 2024
  • Accounts · 787 to 752
    Mar 21, 2022 to Mar 24, 2023
  • Charity clients · 3 to 9
    Mar 21, 2022 to Mar 24, 2023
  • Corporate clients · 7 to 3
    Mar 21, 2022 to Mar 24, 2023
  • HNW clients · 168 to 315
    Mar 21, 2022 to Mar 24, 2023
  • Individual clients · 592 to 448
    Mar 21, 2022 to Mar 24, 2023
  • Pension plan clients · 15 to 80
    Mar 21, 2022 to Mar 24, 2023
Signals
8 dated events
  • J•••• H•••• P•••• left I•••••• A••••••• for G•••••• W••••• P•••••••• L•• (registered 2026-04-10)
    Sep 1, 2025 · a•••••• firm change · fact
  • I•••••• A••••••• reported RAUM $580.1M, up 25% from $462.4M (2024-03-29 to 2025-03-31)
    Mar 31, 2025 · RAUM change · derived
  • J•••• B••••• left I•••••• A••••••• for S•••••••• A••••••• L•• (registered 2025-08-20)
    Oct 14, 2024 · a•••••• firm change · fact
  • I•••••• A••••••• reported RAUM $396.1M, up 95% from $203.3M (2022-03-21 to 2023-03-24)
    Mar 24, 2023 · RAUM change · derived
  • Michael Christopher Hagen (Senior Vice President) no longer on Schedule A of I•••••• A••••••• (listed 2021-12-06, absent 2022-03-21)
    Mar 21, 2022 · Control person left · inference
  • Michelle Karen Gantt (Chief Compliance Officer) no longer on Schedule A of I•••••• A••••••• (listed 2019-10-23, absent 2020-06-29)
    Jun 29, 2020 · Control person left · inference
  • James Michael Barranco (Chief Compliance Officer & Chief Operating Officer) appeared on Schedule A of I•••••• A•••••••
    Jun 29, 2020 · Control person joined · fact
  • M••••••• • H•••• W••••• M••••••••• filed its initial SEC registration (Form ADV)
    Mar 10, 2016 · 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
205-314-6202reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
205-314-6208reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
205-314-6209reportedpublished by the firm, firm site, Sep 15, 2026
Website
invistaadvisors.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(334) 387-0094reportedpublic record, Form ADV, Mar 31, 2026
Contact form
waverly-advisors.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
waverly-advisors.com/peoplereportedpublished 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
$55.4Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026