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
D•••••• F•••••••• G••••
Legal name D•••••• F•••••••• G••••• L••
Latest filing Feb 18, 2026
First filing on the tape Jun 27, 2017 · 17 filings
SEC status approved since Aug 25, 2017
RAUM
$540M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$538M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$180M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$540M as of Feb 18, 2026
Mar 12, 2018$262M then
HNW client RAUM$313M as of Feb 18, 2026
Mar 12, 2018$87.3M then
State-registered IARs (5.B.3)3 as of Feb 18, 2026
Mar 12, 20183 then
Employees (5.A)3 as of Feb 18, 2026
Mar 12, 20185 then
Private funds: no history
RAUM +14% over the last fiscal year+15% a year over threeIARs 4 to 3
Practice profile
derived from the filing of Feb 18, 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $180MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 287derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.9MderivedHNW RAUM over HNW clients
- Average account
- $216,690derivedRAUM 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
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +14%derivedbetween the last two annual amendments
- Advisor growth, one year
- -25%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -3.9%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Custody
- $197M, 345 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$313M58%
- Individuals$225M42%
- Corporations and businesses$1.1M0.2%
- Individual clients
- 697reported
- HNW clients
- 165reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 2,490reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $197M for 345 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| D••••• P••• Y•••• | Cedar Falls, Ia | Aug 25, 2017 | 22 y | 1 |
| C•••• M•••••• S•••••• | Cedar Falls, Ia | Aug 25, 2017 | 15 y | 1 |
| L••• D••••• M•••••• | Cedar Falls, Ia | Jun 6, 2022 | 14 y | 0 |
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
- D••••• P••• Y•••• from C••••• A••••••• L••Aug 25, 2017 · Other
- C•••• M•••••• S•••••• from C••••• A••••••• L••Aug 25, 2017 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from C••••• A••••••• L••Aug 28, 2017 · Cedar Falls, Ia
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- S••••••• C••••• M•••••• · Principal And Investment Adviser Representativecontrolsince 07/2022 · owns 25% to 50%
- Y••••• D•••••• P••• · Managing Member & Chief Compliance Officercontrolsince 08/2017 · 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 |
|---|---|---|---|---|---|
| Cedar Falls, Ia · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- unusually high clients per advisorStatic outlier · filing Feb 18, 2026private clients per advisor of 287.3 against a peer median of 63.6 (1210 comparable advisers, 98.0th percentile, 6.0 robust deviations)peers: independent wealth managers, $500M to $1B (1,210) · 98% percentile
What changed
consecutive filings, newest first
- Accounts · 2,528 to 2,490Jan 23, 2025 to Feb 18, 2026
- Advisory employees · 4 to 3Jan 23, 2025 to Feb 18, 2026
- Corporate clients · unset to 4.0Jan 23, 2025 to Feb 18, 2026
- HNW clients · 128 to 165Jan 23, 2025 to Feb 18, 2026
- Individual clients · 769 to 697Jan 23, 2025 to Feb 18, 2026
- Assets in custody · $152M to $197MJan 23, 2025 to Feb 18, 2026
- Employees · 4 to 3Jan 23, 2025 to Feb 18, 2026
- State-registered IARs · 4 to 3Jan 23, 2025 to Feb 18, 2026
- Discretionary RAUM · $474M to $540MJan 23, 2025 to Feb 18, 2026
- HNW RAUM · $238M to $313MJan 23, 2025 to Feb 18, 2026
- Individual RAUM · $237M to $225MJan 23, 2025 to Feb 18, 2026
- RAUM · $474M to $540MJan 23, 2025 to Feb 18, 2026
- Accounts · 2,620 to 2,528Dec 3, 2024 to Jan 23, 2025
- HNW clients · 182 to 128Dec 3, 2024 to Jan 23, 2025
- Individual clients · 715 to 769Dec 3, 2024 to Jan 23, 2025
- Assets in custody · $137M to $152MDec 3, 2024 to Jan 23, 2025
- Financial planning clients · unset to Dec 3, 2024 to Jan 23, 2025
- Discretionary RAUM · $416M to $474MDec 3, 2024 to Jan 23, 2025
- HNW RAUM · $265M to $238MDec 3, 2024 to Jan 23, 2025
- Individual RAUM · $151M to $237MDec 3, 2024 to Jan 23, 2025
- RAUM · $416M to $474MDec 3, 2024 to Jan 23, 2025
- Accounts · 2,605 to 2,620Feb 9, 2023 to Jan 3, 2024
- HNW clients · 159 to 182Feb 9, 2023 to Jan 3, 2024
- Individual clients · 723 to 715Feb 9, 2023 to Jan 3, 2024
- Assets in custody · $120M to $137MFeb 9, 2023 to Jan 3, 2024
- Employees · 6 to 4Feb 9, 2023 to Jan 3, 2024
- Discretionary RAUM · $359M to $416MFeb 9, 2023 to Jan 3, 2024
- HNW RAUM · $90.7M to $265MFeb 9, 2023 to Jan 3, 2024
- Individual RAUM · $268M to $151MFeb 9, 2023 to Jan 3, 2024
- RAUM · $359M to $416MFeb 9, 2023 to Jan 3, 2024
- Accounts · 2,055 to 2,605Jul 1, 2022 to Feb 9, 2023
- Advisory employees · 3 to 4Jul 1, 2022 to Feb 9, 2023
- BD registered reps · 2 to 1Jul 1, 2022 to Feb 9, 2023
- HNW clients · 187 to 159Jul 1, 2022 to Feb 9, 2023
- Individual clients · 679 to 723Jul 1, 2022 to Feb 9, 2023
- Assets in custody · $50.6M to $120MJul 1, 2022 to Feb 9, 2023
- State-registered IARs · 3 to 4Jul 1, 2022 to Feb 9, 2023
- Discretionary RAUM · $378M to $359MJul 1, 2022 to Feb 9, 2023
- HNW RAUM · $237M to $90.7MJul 1, 2022 to Feb 9, 2023
- Individual RAUM · $141M to $268MJul 1, 2022 to Feb 9, 2023
Signals
2 dated events
- Michael Caleb Schmidt (Principal And Investment Adviser Representative) appeared on Schedule A of D•••••• F•••••••• G••••Jul 1, 2022 · Control person joined · fact
- D•••••• F•••••••• G•••• filed its initial SEC registration (Form ADV)Jun 27, 2017 · 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
- Website
- D••••••FINANCIAL.NETreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 319-277-2727reportedpublic record, Form ADV, Feb 18, 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
- $180Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026