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

B••••• C••••••• L••

Independent wealth managerCedar Rapids, IowaCRD 286316SEC 801-120315websiteIAPD
Latest filing Apr 22, 2026
First filing on the tape Jan 13, 2021 · 13 filings
SEC status approved since Feb 12, 2021
RAUM
$278M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$274M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$55.7M
derived; firm RAUM over IAPD count
Employees
5
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$278M as of Apr 22, 2026
Jan 11, 2022$154M then
HNW client RAUM$85.9M as of Apr 22, 2026
Jan 11, 2022$40.8M then
State-registered IARs (5.B.3)5 as of Apr 22, 2026
Jan 11, 20224 then
Employees (5.A)5 as of Apr 22, 2026
Jan 11, 20224 then
Private funds: no history
RAUM +58% over the last fiscal year+28% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Apr 22, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$55.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
123derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$292,329derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+58%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-0.8%derived
Compensation
percentage of assets, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, pension consulting, selection of other advisersreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$188M68%
  • High-net-worth individuals$85.9M31%
  • Corporations and businesses$4.0M1.4%
Individual clients
580reported
HNW clients
37reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
952reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
B••• L•• N••••••Chartered Financial ConsultantCedar Rapids, IaFeb 14, 201733 y3
J•••• H••••• L••••Cedar Rapids, IaMar 23, 201714 y1
J••• A••• S•••••Cedar Rapids, IaJan 5, 201817 y0
K•••• Z•••Cedar Rapids, IaJul 11, 201923 y2
C••• M•••• E•••••••Cedar Rapids, IaJan 4, 202415 y1
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • N••••••• B•••• L•• · Chief Compliance Officer/Managing Membercontrol
    since 12/2016 · owns 75% or more
Related persons
Schedule D 7.A
  • B••• N••••••
    real estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Cedar Rapids, Ia · principal500
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • RAUM up clients flatCombination · filing Apr 22, 2026
    RAUM grew 50 percent or more while private clients stayed within 5 percent: existing clients grew, a few large clients arrived, or a reporting change. RAUM $176,237,651 to $278,297,015, advisors 5 to 5, private clients 622 to 617, offices 0 to 0 (2025-01-10 to 2026-04-22)
    peers: independent wealth managers, $100M to $500M (5,676)
  • RAUM up 50 %Change between filings · filing Apr 22, 2026
    RAUM (Item 5.F) moved from $176,237,651 to $278,297,015 (+58.0%) between the annual amendments of 2025-01-10 and 2026-04-22; the peer median change was +15.0% (4550 comparable advisers, 97.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (4,550) · 97% percentile
What changed
consecutive filings, newest first
  • Accounts · 951 to 952
    Jan 14, 2026 to Apr 22, 2026
  • Corporate clients · 15 to 12
    Jan 14, 2026 to Apr 22, 2026
  • Individual clients · 596 to 580
    Jan 14, 2026 to Apr 22, 2026
  • Discretionary RAUM · $239M to $278M
    Jan 14, 2026 to Apr 22, 2026
  • HNW RAUM · $74.4M to $85.9M
    Jan 14, 2026 to Apr 22, 2026
  • Individual RAUM · $161M to $188M
    Jan 14, 2026 to Apr 22, 2026
  • RAUM · $239M to $278M
    Jan 14, 2026 to Apr 22, 2026
  • Corporate clients · 17 to 15
    Jan 10, 2025 to Jan 14, 2026
  • HNW clients · 29 to 37
    Jan 10, 2025 to Jan 14, 2026
  • Individual clients · 593 to 596
    Jan 10, 2025 to Jan 14, 2026
  • Discretionary RAUM · $176M to $239M
    Jan 10, 2025 to Jan 14, 2026
  • HNW RAUM · $49.5M to $74.4M
    Jan 10, 2025 to Jan 14, 2026
  • Individual RAUM · $124M to $161M
    Jan 10, 2025 to Jan 14, 2026
  • RAUM · $176M to $239M
    Jan 10, 2025 to Jan 14, 2026
  • Accounts · 914 to 951
    Jan 4, 2024 to Jan 10, 2025
  • Corporate clients · 16 to 17
    Jan 4, 2024 to Jan 10, 2025
  • HNW clients · 24 to 29
    Jan 4, 2024 to Jan 10, 2025
  • Individual clients · 588 to 593
    Jan 4, 2024 to Jan 10, 2025
  • Financial planning clients · unset to
    Jan 4, 2024 to Jan 10, 2025
  • Discretionary RAUM · $158M to $176M
    Jan 4, 2024 to Jan 10, 2025
  • HNW RAUM · $37.2M to $49.5M
    Jan 4, 2024 to Jan 10, 2025
  • Individual RAUM · $115M to $124M
    Jan 4, 2024 to Jan 10, 2025
  • RAUM · $158M to $176M
    Jan 4, 2024 to Jan 10, 2025
  • Accounts · 882 to 914
    Oct 6, 2023 to Jan 4, 2024
  • Advisory employees · 4 to 5
    Oct 6, 2023 to Jan 4, 2024
  • Corporate clients · 15 to 16
    Oct 6, 2023 to Jan 4, 2024
  • HNW clients · 23 to 24
    Oct 6, 2023 to Jan 4, 2024
  • Individual clients · 573 to 588
    Oct 6, 2023 to Jan 4, 2024
  • Employees · 4 to 5
    Oct 6, 2023 to Jan 4, 2024
  • State-registered IARs · 4 to 5
    Oct 6, 2023 to Jan 4, 2024
  • Discretionary RAUM · $142M to $158M
    Oct 6, 2023 to Jan 4, 2024
  • HNW RAUM · $32.5M to $37.2M
    Oct 6, 2023 to Jan 4, 2024
  • Individual RAUM · $104M to $115M
    Oct 6, 2023 to Jan 4, 2024
  • RAUM · $142M to $158M
    Oct 6, 2023 to Jan 4, 2024
  • Accounts · 869 to 882
    Aug 30, 2023 to Oct 6, 2023
  • HNW clients · 22 to 23
    Aug 30, 2023 to Oct 6, 2023
  • Individual clients · 556 to 573
    Aug 30, 2023 to Oct 6, 2023
  • Discretionary RAUM · $132M to $142M
    Aug 30, 2023 to Oct 6, 2023
  • HNW RAUM · $29.5M to $32.5M
    Aug 30, 2023 to Oct 6, 2023
  • Individual RAUM · $101M to $104M
    Aug 30, 2023 to Oct 6, 2023
Signals
1 dated events
  • B••••• C••••••• L•• filed its initial SEC registration (Form ADV)
    Jan 13, 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
Principal office phone
319-389-4371reportedpublic record, Form ADV, Apr 22, 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
$55.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026