DFX Intelligence

The names on this page are hidden. Create a free account to reveal 5 records a month, or get RIA and Wealth Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.

A•••••••• C•••••• L••

Independent wealth managerSEC-registered· Los Angeles, Californiawebsite

Independent wealth manager, based in Los Angeles, California, reporting $218M of regulatory assets across 2 registered advisors.

Composed from this adviser's Form ADV classification, location and filed figures.

As of 2026-02-25 · the latest Form ADV filing; advisor counts and movement are read from IAPD daily

Regulatory AUM: $218M
Advisors: 2
Net advisor flow, 12 months: 0 (0 in, 0 out)
RAUM change, last fiscal year: +12%
Private clients: 100% of RAUM, $218M

Advisors (2)Advisor movement Where the RAUM sits

As of 2026-02-25 · the latest Form ADV filing; advisor counts and movement are read from IAPD daily

Why this matters

individual and HNW clients (Item 5.D) moved from 200.0 to 120.0 (-40.0%) between the annual amendments of 2025-03-20 and 2026-02-25; the peer median change was +3.0% (3308 comparable advisers, 3.0th percentile of changes)
2026-02-25
individual and HNW clients (Item 5.D) 120Peer median 0.0318908260689083
3 published business contact points are on record, each with its source.
Contact points 3

Every filed figure, and the identifiersCRD 283564 · SEC 801-108018 · 21 filingsShow

CRD 283564SEC 801-108018First filing on the tape Jun 17, 2016, latest Feb 25, 2026SEC status approved since Jul 8, 2016IAPD

RAUM

$218M

reported, Item 5.F

Discretionary

100%

of RAUM

Private clients

100%

$218M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$109M

derived; firm RAUM over IAPD count

Employees

2 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

21 filings and snapshots on the tape

RAUM$218M as of Feb 25, 2026

Jan 17, 2017$105M then

HNW client RAUM$198M as of Feb 25, 2026

Mar 23, 2018$100M then

State-registered IARs (5.B.3)2 as of Feb 25, 2026

Jan 17, 20172 then

Employees (5.A)3 as of Feb 25, 2026

Jan 17, 20173 then

Private funds: no history

RAUM +12% over the last fiscal year+6.6% a year over threeIARs 2 to 2

Practice profile

derived from the filing of Feb 25, 2026; every figure names its basis

Archetypes

The rule behind each archetype, and every derived figure2 rulesShow

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
Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets

RAUM per advisor: $109MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 60derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $3.3MderivedHNW RAUM over HNW clients
Average account: $458,947derivedRAUM over accounts (5.F.2.f)
Discretionary: 100%derivedof RAUM
Institutional: 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 1.5derivedItem 5.A over advisors
Advisors per office: 1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year: +12%derivedbetween the last two annual amendments
Advisor growth, one year: +0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year: -40%derived
Compensation: percentage of assets, fixed feesreportedItem 5.E
Advisory activities: portfolio management for individualsreportedItem 5.G
Wrap fee program: $436MreportedItem 5.I
Custody: $11.0M, 6 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)

Where the RAUM sits

Form ADV Item 5.D, latest filing

High-net-worth individuals$198M91%
Individuals$20.0M9.2%

Individual clients: 60reported
HNW clients: 60reported
Pension plan clients: n/areported
Charitable clients: n/areported
Accounts: 475reported
Financial planning clients: 0reported
Wrap fee programs: $218M sponsored, $218M managedreported
Custody of client assets: $11.0M for 6 clientsreported
Compensation: % of AUM, fixedreported
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

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

S••• A•••••• R••••••••• from M••••• S••••••
Jul 8, 2016 · Wirehouse to a newly registered adviser (no RAUM reported yet)
M•• D•••• L••• from M••••• S••••••
Jul 8, 2016 · Wirehouse to a newly registered adviser (no RAUM reported yet)

Every departure Every arrival

Advisors registered through the firm

2 on IAPD today; the 10 longest tenured

Name	Branch	Here since	In industry	Prior firms
M•• D•••• L•••	Louisville, Ky	Jul 8, 2016	27 y	4
S••• A•••••• R•••••••••	Los Angeles, Ca	Jul 8, 2016	30 y	4

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

L•••• M••• D•••• · Managing Membercontrol
since 07/2016 · owns 25% to 50%
R••••••••• S•••• A•••••• · Managing Member & Chief Compliance Officercontrol
since 07/2016 · 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
Los Angeles, Ca · principal	2	0	0

Offices

Schedule D 1.F, the 25 largest

, 1 employees

ADV anomalies

2 against comparable advisers; where to look, not conclusions

clients down average size upCombination · filing Feb 25, 2026
private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $194,000,000 to $218,000,000, advisors 2 to 2, private clients 200 to 120, offices 1 to 1 (2025-03-20 to 2026-02-25)
peers: independent wealth managers, $100M to $500M (5,682)
client count collapseChange between filings · filing Feb 25, 2026
individual and HNW clients (Item 5.D) moved from 200.0 to 120.0 (-40.0%) between the annual amendments of 2025-03-20 and 2026-02-25; the peer median change was +3.0% (3308 comparable advisers, 3.0th percentile of changes)
peers: independent wealth managers, $100M to $500M (3,308) · 2.6% percentile

How anomalies are measured

What changed

consecutive filings, newest first

Accounts · 430 to 475
Mar 20, 2025 to Feb 25, 2026
HNW clients · 170 to 60
Mar 20, 2025 to Feb 25, 2026
Individual clients · 30 to 60
Mar 20, 2025 to Feb 25, 2026
Discretionary RAUM · $194M to $218M
Mar 20, 2025 to Feb 25, 2026
HNW RAUM · $174M to $198M
Mar 20, 2025 to Feb 25, 2026

Full history · 80 changes

RAUM · $194M to $218M
Mar 20, 2025 to Feb 25, 2026
Wrap assets (manager) · $194M to $218M
Mar 20, 2025 to Feb 25, 2026
Wrap assets (sponsor) · $194M to $218M
Mar 20, 2025 to Feb 25, 2026
Accounts · 425 to 430
May 15, 2024 to Mar 20, 2025
HNW clients · 140 to 170
May 15, 2024 to Mar 20, 2025
Financial planning clients · 0 to 0
May 15, 2024 to Mar 20, 2025
Discretionary RAUM · $190M to $194M
May 15, 2024 to Mar 20, 2025
HNW RAUM · $181M to $174M
May 15, 2024 to Mar 20, 2025
Individual RAUM · $9.0M to $20.0M
May 15, 2024 to Mar 20, 2025
RAUM · $190M to $194M
May 15, 2024 to Mar 20, 2025
Wrap assets (manager) · $190M to $194M
May 15, 2024 to Mar 20, 2025
Wrap assets (sponsor) · $190M to $194M
May 15, 2024 to Mar 20, 2025
Accounts · 448 to 425
Feb 17, 2023 to Mar 1, 2024
HNW clients · 130 to 140
Feb 17, 2023 to Mar 1, 2024
Individual clients · 20 to 30
Feb 17, 2023 to Mar 1, 2024
Assets in custody · $10.0M to $11.0M
Feb 17, 2023 to Mar 1, 2024
Discretionary RAUM · $180M to $190M
Feb 17, 2023 to Mar 1, 2024
HNW RAUM · $166M to $181M
Feb 17, 2023 to Mar 1, 2024
Individual RAUM · $14.0M to $9.0M
Feb 17, 2023 to Mar 1, 2024
RAUM · $180M to $190M
Feb 17, 2023 to Mar 1, 2024
Wrap assets (manager) · $180M to $190M
Feb 17, 2023 to Mar 1, 2024
Wrap assets (sponsor) · $180M to $190M
Feb 17, 2023 to Mar 1, 2024
Accounts · 450 to 448
Mar 30, 2022 to Feb 17, 2023
Assets in custody · $20.0M to $10.0M
Mar 30, 2022 to Feb 17, 2023
Discretionary RAUM · $183M to $180M
Mar 30, 2022 to Feb 17, 2023
HNW RAUM · $170M to $166M
Mar 30, 2022 to Feb 17, 2023
Individual RAUM · $13.0M to $14.0M
Mar 30, 2022 to Feb 17, 2023
RAUM · $183M to $180M
Mar 30, 2022 to Feb 17, 2023
Wrap assets (manager) · $198M to $180M
Mar 30, 2022 to Feb 17, 2023
Wrap assets (sponsor) · $198M to $180M
Mar 30, 2022 to Feb 17, 2023
Accounts · 400 to 450
Feb 26, 2021 to Mar 21, 2022
HNW clients · 127 to 130
Feb 26, 2021 to Mar 21, 2022
Individual clients · 15 to 20
Feb 26, 2021 to Mar 21, 2022
Discretionary RAUM · $159M to $183M
Feb 26, 2021 to Mar 21, 2022
HNW RAUM · $139M to $170M
Feb 26, 2021 to Mar 21, 2022
Individual RAUM · $19.9M to $13.0M
Feb 26, 2021 to Mar 21, 2022
RAUM · $159M to $183M
Feb 26, 2021 to Mar 21, 2022
Wrap assets (manager) · $159M to $198M
Feb 26, 2021 to Mar 21, 2022
Wrap assets (sponsor) · $159M to $198M
Feb 26, 2021 to Mar 21, 2022
Accounts · 130 to 400
Nov 12, 2020 to Feb 26, 2021
Advisory activities · 3 to 1
Nov 12, 2020 to Feb 26, 2021
HNW clients · 114 to 127
Nov 12, 2020 to Feb 26, 2021
Individual clients · 16 to 15
Nov 12, 2020 to Feb 26, 2021
Discretionary RAUM · $140M to $159M
Nov 12, 2020 to Feb 26, 2021
HNW RAUM · $100M to $139M
Nov 12, 2020 to Feb 26, 2021
Individual RAUM · $40.0M to $19.9M
Nov 12, 2020 to Feb 26, 2021
RAUM · $140M to $159M
Nov 12, 2020 to Feb 26, 2021
Wrap assets (manager) · $140M to $159M
Nov 12, 2020 to Feb 26, 2021
Wrap assets (sponsor) · $140M to $159M
Nov 12, 2020 to Feb 26, 2021
Accounts · 120 to 130
Aug 26, 2019 to Feb 13, 2020
HNW clients · 98 to 114
Aug 26, 2019 to Feb 13, 2020
Discretionary RAUM · $125M to $140M
Aug 26, 2019 to Feb 13, 2020
HNW RAUM · $116M to $100M
Aug 26, 2019 to Feb 13, 2020
Individual RAUM · $9.1M to $40.0M
Aug 26, 2019 to Feb 13, 2020
RAUM · $125M to $140M
Aug 26, 2019 to Feb 13, 2020
Wrap assets (manager) · $125M to $140M
Aug 26, 2019 to Feb 13, 2020
Wrap assets (sponsor) · $125M to $140M
Aug 26, 2019 to Feb 13, 2020
Accounts · 114 to 120
Mar 23, 2018 to Feb 27, 2019
Advisory activities · 4 to 3
Mar 23, 2018 to Feb 27, 2019
HNW clients · 100 to 98
Mar 23, 2018 to Feb 27, 2019
Individual clients · 14 to 16
Mar 23, 2018 to Feb 27, 2019
Assets in custody · $14.9M to $20.0M
Mar 23, 2018 to Feb 27, 2019
Discretionary RAUM · $105M to $125M
Mar 23, 2018 to Feb 27, 2019
HNW RAUM · $100M to $116M
Mar 23, 2018 to Feb 27, 2019
Individual RAUM · $5.0M to $9.1M
Mar 23, 2018 to Feb 27, 2019
RAUM · $105M to $125M
Mar 23, 2018 to Feb 27, 2019
Wrap assets (manager) · $105M to $125M
Mar 23, 2018 to Feb 27, 2019
Wrap assets (sponsor) · $105M to $125M
Mar 23, 2018 to Feb 27, 2019
Accounts · 321 to 114
Oct 11, 2017 to Mar 23, 2018
HNW clients · 70 to 100
Oct 11, 2017 to Mar 23, 2018
Individual clients · 40 to 14
Oct 11, 2017 to Mar 23, 2018
Assets in custody · unset to 14900000.0
Oct 11, 2017 to Mar 23, 2018
Custody of client assets · false to true
Oct 11, 2017 to Mar 23, 2018
Discretionary RAUM · $103M to $105M
Oct 11, 2017 to Mar 23, 2018
HNW RAUM · $103M to $100M
Oct 11, 2017 to Mar 23, 2018

Signals

1 dated events

••• Locked
Jun 17, 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: ••• Lockedreportedpublished by the firm, firm site, Sep 16, 2026
Website: ••• Lockedreportedpublic record, Form ADV, Feb 25, 2026
Principal office phone: ••• Lockedreportedpublic record, Form ADV, Feb 25, 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: $109Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026