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
Daviman Financial, LLC
Latest filing Jul 1, 2026
First filing on the tape Nov 2, 2016 · 26 filings
SEC status approved since Apr 30, 2024
RAUM
$234M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
69%
$162M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$58.5M
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$234M as of Jul 1, 2026
Jan 21, 2025$104M then
HNW client RAUM$122M as of Jul 1, 2026
Jan 21, 2025$46.4M then
State-registered IARs (5.B.3)3 as of Jul 1, 2026
Jan 21, 20252 then
Employees (5.A)6 as of Jul 1, 2026
Jan 21, 20253 then
Private funds: no history
RAUM +53% over the last fiscal yearIARs 3 to 3
Practice profile
derived from the filing of Jul 1, 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
- 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
- $58.5MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 48derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.1MderivedHNW RAUM over HNW clients
- Average account
- $404,026derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 30%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
- +53%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +8.6%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $47.5M, 84 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
- is an insurance broker or agent (6.A.6)
- 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)
- 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)
- marketing includes testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$122M52%
- Pension and profit-sharing plans$71.2M30%
- Individuals$40.0M17%
- Corporations and businesses$961,0250.4%
- Individual clients
- 151reported
- HNW clients
- 39reported
- Pension plan clients
- 66reported
- Charitable clients
- n/areported
- Accounts
- 579reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $47.5M for 84 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.69 fund_share=0.0 institutional_share=0.3 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 |
|---|---|---|---|---|
| Rone John DavisCertified Financial Planner, Chartered Financial Consultant | Noblesville, In | Nov 18, 2016 | 28 y | 3 |
| Brendan Michael CrewsCertified Financial Planner | Noblesville, In | Jan 6, 2017 | 15 y | 1 |
| Brian Douglas Mcconnell | Henderson, Nv | Jan 21, 2025 | 14 y | 2 |
| Phillip Alan Burruel | Henderson, Nv | Jul 1, 2026 | 24 y | 1 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- Brian Douglas Mcconnell to Smart Wealth, LLCJul 29, 2024 · RIA to RIA
Joined, latest
- Phillip Alan Burruel from Smart Wealth, LLCJul 1, 2026 · RIA to RIA
- Brian Douglas Mcconnell from Smart Wealth, LLCJan 21, 2025 · RIA to RIA
- Brendan Michael Crews from Eagle Strategies LLCJan 6, 2017 · Other
- Rone John Davis from Eagle Strategies LLCNov 18, 2016 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- John Rone Davis · Chief Compliance Officercontrolsince 11/2017 · owns 75% or more
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 |
|---|---|---|---|---|---|
| Noblesville, In | 4 | 1 | 0 | ||
| Henderson, Nv | 2 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM up 50 %Change between filings · filing Mar 11, 2026RAUM (Item 5.F) moved from $152,803,900 to $233,930,979 (+53.0%) between the annual amendments of 2025-03-24 and 2026-03-11; the peer median change was +15.0% (4551 comparable advisers, 96.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,551) · 96% percentile
What changed
consecutive filings, newest first
- Accounts · 581 to 579Mar 24, 2025 to Mar 11, 2026
- HNW clients · 35 to 39Mar 24, 2025 to Mar 11, 2026
- Individual clients · 140 to 151Mar 24, 2025 to Mar 11, 2026
- Pension plan clients · 60 to 66Mar 24, 2025 to Mar 11, 2026
- Assets in custody · $21.3M to $47.5MMar 24, 2025 to Mar 11, 2026
- Employees · 5 to 6Mar 24, 2025 to Mar 11, 2026
- Discretionary RAUM · $150M to $229MMar 24, 2025 to Mar 11, 2026
- HNW RAUM · $74.6M to $122MMar 24, 2025 to Mar 11, 2026
- Individual RAUM · $27.5M to $40.0MMar 24, 2025 to Mar 11, 2026
- Non-discretionary RAUM · $2.7M to $5.0MMar 24, 2025 to Mar 11, 2026
- Pension RAUM · $49.6M to $71.2MMar 24, 2025 to Mar 11, 2026
- RAUM · $153M to $234MMar 24, 2025 to Mar 11, 2026
- Accounts · 495 to 581Jan 21, 2025 to Mar 24, 2025
- Advisory employees · 2 to 3Jan 21, 2025 to Mar 24, 2025
- HNW clients · 22 to 35Jan 21, 2025 to Mar 24, 2025
- Individual clients · 142 to 140Jan 21, 2025 to Mar 24, 2025
- Pension plan clients · 42 to 60Jan 21, 2025 to Mar 24, 2025
- Assets in custody · $104M to $21.3MJan 21, 2025 to Mar 24, 2025
- Custody of client assets · false to trueJan 21, 2025 to Mar 24, 2025
- Employees · 3 to 5Jan 21, 2025 to Mar 24, 2025
- Financial planning clients · 26-50 to 26-50Jan 21, 2025 to Mar 24, 2025
- State-registered IARs · 2 to 3Jan 21, 2025 to Mar 24, 2025
- Other offices · 0 to 1Jan 21, 2025 to Mar 24, 2025
- Discretionary RAUM · $101M to $150MJan 21, 2025 to Mar 24, 2025
- HNW RAUM · $46.4M to $74.6MJan 21, 2025 to Mar 24, 2025
- Individual RAUM · $29.2M to $27.5MJan 21, 2025 to Mar 24, 2025
- Non-discretionary RAUM · $2.6M to $2.7MJan 21, 2025 to Mar 24, 2025
- Pension RAUM · $27.8M to $49.6MJan 21, 2025 to Mar 24, 2025
- RAUM · $104M to $153MJan 21, 2025 to Mar 24, 2025
- HQ city · unset to Oct 3, 2024 to Jan 21, 2025
- HQ state · unset to Oct 3, 2024 to Jan 21, 2025
- Accounts · 19 to 495May 4, 2017 to Mar 31, 2024
- Advisory employees · 3 to 2May 4, 2017 to Mar 31, 2024
- HNW clients · unset to 22.0May 4, 2017 to Mar 31, 2024
- Individual clients · unset to 142.0May 4, 2017 to Mar 31, 2024
- Pension plan clients · unset to 42.0May 4, 2017 to Mar 31, 2024
- Assets in custody · unset to 103572836.0May 4, 2017 to Mar 31, 2024
- Employees · 4 to 3May 4, 2017 to Mar 31, 2024
- Financial planning clients · 0 to 26-50May 4, 2017 to Mar 31, 2024
- HQ city · INDIANAPOLIS to unsetMay 4, 2017 to Mar 31, 2024
Signals
4 dated events
- Brian Douglas Mcconnell left Daviman Financial, Llc for Smart Wealth, Llc (registered 2024-07-23)Jul 29, 2024 · Advisor changed firm · fact
- Richard Bradley Stark (Chief Compliance Officer) no longer on Schedule A of Daviman Financial, Llc (listed 2017-05-04, absent 2024-03-31)Mar 31, 2024 · Control person left · inference
- Saul Michael Friedman (Managing Member) no longer on Schedule A of Daviman Financial, Llc (listed 2017-05-04, absent 2024-03-31)Mar 31, 2024 · Control person left · inference
- Daviman Financial, Llc filed its initial SEC registration (Form ADV)Nov 2, 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
- Firm profile
- linkedin.com/company/daviman-financial-llcreportedpublic record, Form ADV, Sep 17, 2026
- Website
- davimaninstitutional.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 317-207-0175reportedpublic record, Form ADV, Jul 1, 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
- $58.5Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026