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
Figure 8 Investment Strategies LLC
Latest filing Mar 11, 2026
First filing on the tape Feb 9, 2021 · 15 filings
SEC status approved since Mar 11, 2021
RAUM
$233M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
93%
$217M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$58.3M
derived; firm RAUM over IAPD count
Employees
7
7 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$233M as of Mar 11, 2026
Mar 25, 2022$143M then
HNW client RAUM$159M as of Mar 11, 2026
Mar 25, 2022$124M then
State-registered IARs (5.B.3)4 as of Mar 11, 2026
Mar 25, 20223 then
Employees (5.A)7 as of Mar 11, 2026
Mar 25, 20226 then
Private funds: no history
RAUM +17% over the last fiscal year+21% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 11, 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
- $58.3MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 41derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.2MderivedHNW RAUM over HNW clients
- Average account
- $596,916derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 6.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.8derivedItem 5.A over advisors
- Advisors per office
- 2.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +17%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -3.0%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, educational seminarsreportedItem 5.G
- Custody
- $41.2M, 61 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$159M68%
- Individuals$58.2M25%
- Charitable organizations$15.2M6.5%
- Corporations and businesses$751,2960.3%
- Individual clients
- 92reported
- HNW clients
- 71reported
- Pension plan clients
- n/areported
- Charitable clients
- 12reported
- Accounts
- 391reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- noreported
- Custody of client assets
- $41.2M for 61 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.93 fund_share=0.0 institutional_share=0.07 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Lisa Michele CooperCertified Financial Planner, Chartered Financial Analyst | Boise, Id | Mar 30, 2016 | 31 y | 1 |
| Travis John StrightChartered Financial Analyst | Boise, Id | Jul 12, 2021 | 13 y | 0 |
| Matthew Glenn HollandsChartered Financial Analyst | Boise, Id | Sep 18, 2024 | 14 y | 1 |
| Marisa Kate Shalz | Boise, Id | Nov 17, 2025 | 11 y | 0 |
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
Left, latest
- Krystal Carmona Lee to Raymond James Financial Services Advisors, IncJul 8, 2025 · RIA to affiliated broker-dealer or bank
Joined, latest
- Krystal Carmona Lee from Allen Capital Management, LLCJan 7, 2025 · RIA to RIA
- Matthew Glenn Hollands from Wells Fargo Investment Institute, Inc.Sep 18, 2024 · RIA to RIA
- Lisa Michele Cooper from Nelson Capital ManagementMar 30, 2016 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Michele Lisa Cooper · Ceo And Chief Compliance Officercontrolsince 04/2016 · owns 75% or more
- Ahmed Aljuboori · Analystsince 01/2021 · owns 5% to 10%
- John Travis Stright · Advisorsince 01/2022 · owns 5% to 10%
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 |
|---|---|---|---|---|---|
| Boise, Id · principal | 4 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Portland, OR1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- custody status changedChange between filings · filing Mar 11, 2026custody of client assets (Item 9.A): no on the filing of 2025-07-25, yes on the filing of 2026-03-11peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
- Accounts · 438 to 391Jul 25, 2025 to Mar 11, 2026
- Advisory employees · 6 to 7Jul 25, 2025 to Mar 11, 2026
- Charity clients · 10 to 12Jul 25, 2025 to Mar 11, 2026
- HNW clients · 60 to 71Jul 25, 2025 to Mar 11, 2026
- Individual clients · 108 to 92Jul 25, 2025 to Mar 11, 2026
- Pension plan clients · 3.0 to unsetJul 25, 2025 to Mar 11, 2026
- Assets in custody · $71.5M to $41.2MJul 25, 2025 to Mar 11, 2026
- Custody of client assets · false to trueJul 25, 2025 to Mar 11, 2026
- Employees · 8 to 7Jul 25, 2025 to Mar 11, 2026
- Discretionary RAUM · $200M to $233MJul 25, 2025 to Mar 11, 2026
- HNW RAUM · $143M to $159MJul 25, 2025 to Mar 11, 2026
- Individual RAUM · $43.2M to $58.2MJul 25, 2025 to Mar 11, 2026
- Pension RAUM · 519002.0 to unsetJul 25, 2025 to Mar 11, 2026
- RAUM · $200M to $233MJul 25, 2025 to Mar 11, 2026
- Financial planning clients · 51-100 to 51-100Mar 17, 2025 to Jul 25, 2025
- Accounts · 400 to 438Sep 10, 2024 to Mar 17, 2025
- Advisory employees · 4 to 6Sep 10, 2024 to Mar 17, 2025
- Corporate clients · unset to 1.0Sep 10, 2024 to Mar 17, 2025
- HNW clients · 107 to 60Sep 10, 2024 to Mar 17, 2025
- Individual clients · 124 to 108Sep 10, 2024 to Mar 17, 2025
- Pension plan clients · unset to 3.0Sep 10, 2024 to Mar 17, 2025
- Assets in custody · unset to 71542929.0Sep 10, 2024 to Mar 17, 2025
- Employees · 6 to 8Sep 10, 2024 to Mar 17, 2025
- State-registered IARs · 3 to 4Sep 10, 2024 to Mar 17, 2025
- Discretionary RAUM · $166M to $200MSep 10, 2024 to Mar 17, 2025
- HNW RAUM · $123M to $143MSep 10, 2024 to Mar 17, 2025
- Individual RAUM · $25.5M to $43.2MSep 10, 2024 to Mar 17, 2025
- Pension RAUM · unset to 519002.0Sep 10, 2024 to Mar 17, 2025
- RAUM · $166M to $200MSep 10, 2024 to Mar 17, 2025
- Employees · 4 to 6Mar 13, 2024 to Sep 10, 2024
- State-registered IARs · 2 to 3Mar 13, 2024 to Sep 10, 2024
- Other offices · 0 to 1Mar 13, 2024 to Sep 10, 2024
- Accounts · 363 to 400Aug 8, 2023 to Mar 13, 2024
- Advisory employees · 5 to 4Aug 8, 2023 to Mar 13, 2024
- Charity clients · 8 to 10Aug 8, 2023 to Mar 13, 2024
- HNW clients · 108 to 107Aug 8, 2023 to Mar 13, 2024
- Individual clients · 108 to 124Aug 8, 2023 to Mar 13, 2024
- Employees · 5 to 4Aug 8, 2023 to Mar 13, 2024
- Discretionary RAUM · $133M to $166MAug 8, 2023 to Mar 13, 2024
- HNW RAUM · $111M to $123MAug 8, 2023 to Mar 13, 2024
Signals
2 dated events
- Krystal Carmona Lee left Figure 8 Investment Strategies Llc for Raymond James Financial Services Advisors, Inc (registered 2026-04-16)Jul 8, 2025 · Advisor changed firm · fact
- Figure 8 Investment Strategies Llc filed its initial SEC registration (Form ADV)Feb 9, 2021 · 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 email
- info@figure8investing.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 208-385-0078reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/18344334reportedpublic record, Form ADV, Sep 18, 2026
- Website
- FIGURE8INVESTING.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- (208) 385-0078reportedpublic record, Form ADV, Mar 11, 2026
- Team page
- figure8investing.com/who-we-arereportedpublished 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
- $58.3Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026