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•••••• F••••••••• L••
Latest filing Jul 8, 2026
First filing on the tape May 1, 2017 · 21 filings
SEC status approved since Sep 25, 2020
RAUM
$234M
reported, Item 5.F
Discretionary
86%
of RAUM
Private clients
84%
$197M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$58.5M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$234M as of Jul 8, 2026
Mar 3, 2021$122M then
HNW client RAUM$128M as of Jul 8, 2026
Mar 3, 2021$74.4M then
State-registered IARs (5.B.3)4 as of Jul 8, 2026
Mar 3, 20213 then
Employees (5.A)4 as of Jul 8, 2026
Mar 3, 20214 then
Private funds: no history
RAUM +18% over the last fiscal year+18% a year over threeIARs 3 to 4
Practice profile
derived from the filing of Jul 8, 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
- $58.5MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 65derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.3MderivedHNW RAUM over HNW clients
- Average account
- $287,114derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 86%derivedof RAUM
- Institutional
- 16%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +18%derivedbetween the last two annual amendments
- Advisor growth, one year
- +33%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +3.2%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
- Custody
- $27.6M, 16 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)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$128M55%
- Individuals$68.5M29%
- Pension and profit-sharing plans$33.8M14%
- Charitable organizations$3.3M1.4%
- Individual clients
- 206reported
- HNW clients
- 55reported
- Pension plan clients
- 17reported
- Charitable clients
- n/areported
- Accounts
- 815reported
- Financial planning clients
- 11-25reported
- Wrap fee programs
- noreported
- Custody of client assets
- $27.6M for 16 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.84 fund_share=0.0 institutional_share=0.16 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 |
|---|---|---|---|---|
| B•••• C• C••••••Certified Financial Planner | Colorado Springs, Co | May 22, 2017 | 19 y | 2 |
| N••••••• E••••• C•••••• | Colorado Springs, Co | Jul 2, 2018 | 13 y | 0 |
| S•••• B•••• P•••• | Colorado Springs, Co | Sep 1, 2022 | 10 y | 0 |
| K••• M•••••• D••••• | Colorado Springs, Co | Jul 24, 2026 | 12 y | 0 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 25% of current headcount2 left over 36 months
Left, latest
- C••• R••• N•••••••• to F•••••••• C•••••• M••••••••• L••May 6, 2026 · RIA to RIA
- K••••• H• H••••••• to L••••••••• A•••••••Oct 10, 2024 · RIA to RIA
- J•••• P••••• to I••••••••• W••••• M•••••••••Jun 22, 2021 · RIA to RIA
Joined, latest
- C••• R••• N•••••••• from I•• W••••• M••••••••• I•••Sep 12, 2025 · Affiliated broker-dealer or bank to independent RIA
- K••••• H• H••••••• from F•••• F••••••••• A•••••••Oct 4, 2023 · RIA to RIA
- J•••• P••••• from K•••••• F•••••••• G••••Nov 16, 2020 · RIA to RIA
- B•••• C• C•••••• from U•• F•••••••• S••••••• I•••May 22, 2017 · Wirehouse to a newly registered adviser (no RAUM reported yet)
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- C••••••• B••••• C• · Managing Member, Chief Compliance Officercontrolsince 04/2017 · owns 75% or more
Related persons
Schedule D 7.A
- B•••••• I••••••••• L••real estaten
- B•••••• T••• L••insurancen
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Colorado Springs, Co · principal | 4 | 1 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 746 to 815Aug 1, 2025 to Feb 23, 2026
- Advisory employees · 3 to 4Aug 1, 2025 to Feb 23, 2026
- Individual clients · 198 to 206Aug 1, 2025 to Feb 23, 2026
- Pension plan clients · 16 to 17Aug 1, 2025 to Feb 23, 2026
- Assets in custody · unset to 27600434.0Aug 1, 2025 to Feb 23, 2026
- Custody of client assets · false to trueAug 1, 2025 to Feb 23, 2026
- Employees · 3 to 4Aug 1, 2025 to Feb 23, 2026
- State-registered IARs · 3 to 4Aug 1, 2025 to Feb 23, 2026
- Discretionary RAUM · $173M to $200MAug 1, 2025 to Feb 23, 2026
- HNW RAUM · $112M to $128MAug 1, 2025 to Feb 23, 2026
- Individual RAUM · $55.3M to $68.5MAug 1, 2025 to Feb 23, 2026
- Non-discretionary RAUM · $24.8M to $33.8MAug 1, 2025 to Feb 23, 2026
- Pension RAUM · $27.8M to $33.8MAug 1, 2025 to Feb 23, 2026
- RAUM · $198M to $234MAug 1, 2025 to Feb 23, 2026
- Related insurance company · true to falseAug 1, 2025 to Feb 23, 2026
- Financial planning clients · 11-25 to 11-25Feb 26, 2025 to May 14, 2025
- Pension RAUM · unset to 27836011.0Feb 8, 2024 to Feb 26, 2025
- Accounts · 663 to 746Feb 8, 2024 to Feb 26, 2025
- Advisory employees · 4 to 3Feb 8, 2024 to Feb 26, 2025
- HNW clients · 53 to 55Feb 8, 2024 to Feb 26, 2025
- Individual clients · 182 to 198Feb 8, 2024 to Feb 26, 2025
- Pension plan clients · unset to 16.0Feb 8, 2024 to Feb 26, 2025
- Employees · 4 to 3Feb 8, 2024 to Feb 26, 2025
- State-registered IARs · 4 to 3Feb 8, 2024 to Feb 26, 2025
- Discretionary RAUM · $142M to $173MFeb 8, 2024 to Feb 26, 2025
- HNW RAUM · $97.5M to $112MFeb 8, 2024 to Feb 26, 2025
- Individual RAUM · $42.1M to $55.3MFeb 8, 2024 to Feb 26, 2025
- Non-discretionary RAUM · $0 to $24.8MFeb 8, 2024 to Feb 26, 2025
- RAUM · $142M to $198MFeb 8, 2024 to Feb 26, 2025
- Accounts · 630 to 663Sep 16, 2023 to Feb 2, 2024
- Advisory employees · 3 to 4Sep 16, 2023 to Feb 2, 2024
- HNW clients · 47 to 53Sep 16, 2023 to Feb 2, 2024
- Individual clients · 168 to 182Sep 16, 2023 to Feb 2, 2024
- Pension plan clients · 15.0 to unsetSep 16, 2023 to Feb 2, 2024
- Assets in custody · 20792402.0 to unsetSep 16, 2023 to Feb 2, 2024
- Custody of client assets · true to falseSep 16, 2023 to Feb 2, 2024
- Financial planning clients · 1-10 to 11-25Sep 16, 2023 to Feb 2, 2024
- State-registered IARs · 3 to 4Sep 16, 2023 to Feb 2, 2024
- Discretionary RAUM · $137M to $142MSep 16, 2023 to Feb 2, 2024
- HNW RAUM · $79.2M to $97.5MSep 16, 2023 to Feb 2, 2024
Signals
3 dated events
- C••• R••• N•••••••• left B•••••• F••••••••• L•• for F•••••••• C•••••• M••••••••• L•• (registered 2026-06-01)May 6, 2026 · Advisor changed firm · fact
- K••••• H• H••••••• left B•••••• F••••••••• L•• for L••••••••• A••••••• (registered 2024-11-12)Oct 10, 2024 · Advisor changed firm · fact
- B•••••• F••••••••• L•• filed its initial SEC registration (Form ADV)May 1, 2017 · ria f•••• adv filing · 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
- 719-394-3900reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 844-295-0069reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- H••••://WWW.LINKEDIN.COM/COMPANY/B•••••••••reportedpublic record, Form ADV, Sep 18, 2026
- Website
- H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 719-394-3900reportedpublic record, Form ADV, Jul 8, 2026
- Contact form
- bonfirefinancial.com/contactreportedpublished by the firm, firm site, Sep 17, 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