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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

A••••• A•• M••• W••••• M•••••••••

Independent wealth managerHiawatha, IowaCRD 283698SEC 801-123293websiteIAPD
Legal name A••••• F•••••••• P••••••• L••
Latest filing Jul 24, 2026
First filing on the tape Jan 21, 2022 · 17 filings
SEC status approved since Feb 22, 2022
RAUM
$168M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$168M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$42.1M
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$168M as of Jul 24, 2026
Feb 21, 2023$92.2M then
HNW client RAUM$133M as of Jul 24, 2026
Feb 21, 2023$76.1M then
State-registered IARs (5.B.3)5 as of Jul 24, 2026
Feb 21, 20235 then
Employees (5.A)6 as of Jul 24, 2026
Feb 21, 20235 then
Private funds: no history
RAUM +31% over the last fiscal year+22% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Jul 24, 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
$42.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
33derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$287,574derivedRAUM 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
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+31%derivedbetween the last two annual amendments
Advisor growth, one year
+25%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.4%derived
Compensation
hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$76.8M, 88 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$133M79%
  • Individuals$34.8M21%
Individual clients
80reported
HNW clients
53reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
585reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$76.8M for 88 clientsreported
Compensation
fixed, hourlyreported
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
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Q•••• R••••• A•••••Hiawatha, IaMay 2, 201620 y0
M•••••• M•••••• H••••••Hiawatha, IaDec 10, 201815 y1
N••••••• R••••• F•••Hiawatha, IaFeb 8, 202123 y0
K••• B••••Certified Financial PlannerHiawatha, IaJun 26, 202511 y0
Advisor movement
1 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • A•••••• Q••••• R••••• · Managing Member/Ccocontrol
    since 03/2016 · owns 75% or more
  • H••••••• M••••••• M•••••• · Ownercontrol
    since 10/2019 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Hiawatha, Ia · principal401
Offices
Schedule D 1.F, the 25 largest
  • Royal Oak, MI1 employees
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 539 to 585
    Jun 10, 2025 to Feb 12, 2026
  • Advisory employees · 4 to 5
    Jun 10, 2025 to Feb 12, 2026
  • Advisory activities · 3 to 2
    Jun 10, 2025 to Feb 12, 2026
  • HNW clients · 46 to 53
    Jun 10, 2025 to Feb 12, 2026
  • Individual clients · 79 to 80
    Jun 10, 2025 to Feb 12, 2026
  • Assets in custody · $61.7M to $76.8M
    Jun 10, 2025 to Feb 12, 2026
  • Employees · 5 to 6
    Jun 10, 2025 to Feb 12, 2026
  • State-registered IARs · 4 to 5
    Jun 10, 2025 to Feb 12, 2026
  • Discretionary RAUM · $128M to $168M
    Jun 10, 2025 to Feb 12, 2026
  • HNW RAUM · $97.3M to $133M
    Jun 10, 2025 to Feb 12, 2026
  • Individual RAUM · $31.0M to $34.8M
    Jun 10, 2025 to Feb 12, 2026
  • RAUM · $128M to $168M
    Jun 10, 2025 to Feb 12, 2026
  • Financial planning clients · 101-250 to 101-250
    Jan 30, 2025 to Jun 10, 2025
  • Accounts · 502 to 539
    Dec 23, 2024 to Jan 30, 2025
  • Advisory employees · 5 to 4
    Dec 23, 2024 to Jan 30, 2025
  • Advisory activities · 4 to 3
    Dec 23, 2024 to Jan 30, 2025
  • HNW clients · 55 to 46
    Dec 23, 2024 to Jan 30, 2025
  • Individual clients · 70 to 79
    Dec 23, 2024 to Jan 30, 2025
  • Assets in custody · $55.9M to $61.7M
    Dec 23, 2024 to Jan 30, 2025
  • State-registered IARs · 5 to 4
    Dec 23, 2024 to Jan 30, 2025
  • Other offices · 2 to 1
    Dec 23, 2024 to Jan 30, 2025
  • Discretionary RAUM · $111M to $128M
    Dec 23, 2024 to Jan 30, 2025
  • HNW RAUM · $84.4M to $97.3M
    Dec 23, 2024 to Jan 30, 2025
  • Individual RAUM · $26.9M to $31.0M
    Dec 23, 2024 to Jan 30, 2025
  • RAUM · $111M to $128M
    Dec 23, 2024 to Jan 30, 2025
  • Accounts · 483 to 502
    Jan 3, 2024 to Feb 13, 2024
  • Advisory activities · 3 to 4
    Jan 3, 2024 to Feb 13, 2024
  • HNW clients · 51 to 55
    Jan 3, 2024 to Feb 13, 2024
  • Individual clients · 75 to 70
    Jan 3, 2024 to Feb 13, 2024
  • Assets in custody · $44.1M to $55.9M
    Jan 3, 2024 to Feb 13, 2024
  • Discretionary RAUM · $92.2M to $111M
    Jan 3, 2024 to Feb 13, 2024
  • HNW RAUM · $76.1M to $84.4M
    Jan 3, 2024 to Feb 13, 2024
  • Individual RAUM · $16.1M to $26.9M
    Jan 3, 2024 to Feb 13, 2024
  • RAUM · $92.2M to $111M
    Jan 3, 2024 to Feb 13, 2024
  • Accounts · 459 to 483
    Oct 17, 2022 to Feb 21, 2023
  • HNW clients · 47 to 51
    Oct 17, 2022 to Feb 21, 2023
  • Individual clients · 78 to 75
    Oct 17, 2022 to Feb 21, 2023
  • Assets in custody · $46.8M to $44.1M
    Oct 17, 2022 to Feb 21, 2023
  • Insurance-licensed employees · 0 to 1
    Oct 17, 2022 to Feb 21, 2023
  • Discretionary RAUM · $108M to $92.2M
    Oct 17, 2022 to Feb 21, 2023
Signals
3 dated events
  • C••• L•••• G••••• left A••••• A•• M••• W••••• M••••••••• for C••••• F•• F•••••••• (registered 2024-08-12)
    Jun 11, 2026 · Advisor changed firm · fact
  • R••••• C•••• B••••• left A••••• A•• M••• W••••• M••••••••• for C•• A•••• M••••••••• I••• (registered 2025-09-30)
    Dec 31, 2024 · Advisor changed firm · fact
  • A••••• A•• M••• W••••• M••••••••• filed its initial SEC registration (Form ADV)
    Jan 21, 2022 · 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
Principal office phone
319-393-4020reportedpublic record, Form ADV, Jul 24, 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
$42.1Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026