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.

Former SEC-registered adviser

Tfg Advisors

Former SEC-registered adviserAuburn Hills, MichiganCRD 288787SEC 801-111790websiteIAPD
Legal name Tfg Advisers LLC
Latest filing Feb 13, 2025
First filing on the tape Sep 1, 2017 · 16 filings
SEC status approved since Sep 28, 2017
RAUM
$423M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$407M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
8
6 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$423M as of Feb 13, 2025
Mar 27, 2018$250M then
HNW client RAUM$335M as of Feb 13, 2025
Mar 27, 2018$155M then
State-registered IARs (5.B.3)6 as of Feb 13, 2025
Mar 27, 20184 then
Employees (5.A)8 as of Feb 13, 2025
Mar 27, 20185 then
Private funds: no history
RAUM +14% over the last fiscal year+4.7% a year over threeIARs 5 to 6
Practice profile
derived from the filing of Feb 13, 2025; every figure names its basis
RAUM per advisor
$70.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
73derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.0MderivedHNW RAUM over HNW clients
Average account
$319,292derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
3.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
3.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+14%derivedbetween the last two annual amendments
Advisor growth, one year
+20%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.5%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, otherreportedItem 5.G
Custody
$210M, 201 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)
  • 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$335M79%
  • Individuals$72.6M17%
  • Pension and profit-sharing plans$15.5M3.7%
  • Charitable organizations$795,1400.2%
Individual clients
326reported
HNW clients
112reported
Pension plan clients
5reported
Charitable clients
2reported
Accounts
1,326reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$210M for 201 clientsreported
Compensation
% of AUM, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
none on the tape
    Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Patrick Timothy Atkinson · Chief Compliance Officercontrol
      since 03/2018 · owns less than 5%
    • Michael George Barnhart · Managing Membercontrol
      since 04/2017 · owns 25% to 50%
    • John Terry Hirsch · Managing Membercontrol
      since 04/2017 · owns 25% to 50%
    • David Paul Reile · Managing Membercontrol
      since 04/2017 · owns 25% to 50%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Auburn Hills, Mi · principal000
    Offices
    Schedule D 1.F, the 25 largest
    • Ann Arbor, MI5 employees
    What changed
    consecutive filings, newest first
    • Accounts · 1,301 to 1,326
      Oct 14, 2024 to Feb 13, 2025
    • Advisory employees · 5 to 6
      Oct 14, 2024 to Feb 13, 2025
    • HNW clients · 99 to 112
      Oct 14, 2024 to Feb 13, 2025
    • Individual clients · 324 to 326
      Oct 14, 2024 to Feb 13, 2025
    • Assets in custody · $270M to $210M
      Oct 14, 2024 to Feb 13, 2025
    • Employees · 7 to 8
      Oct 14, 2024 to Feb 13, 2025
    • Financial planning clients · 101-250 to 101-250
      Oct 14, 2024 to Feb 13, 2025
    • State-registered IARs · 5 to 6
      Oct 14, 2024 to Feb 13, 2025
    • Discretionary RAUM · $372M to $423M
      Oct 14, 2024 to Feb 13, 2025
    • HNW RAUM · $279M to $335M
      Oct 14, 2024 to Feb 13, 2025
    • Individual RAUM · $75.1M to $72.6M
      Oct 14, 2024 to Feb 13, 2025
    • Pension RAUM · $17.2M to $15.5M
      Oct 14, 2024 to Feb 13, 2025
    • RAUM · $372M to $423M
      Oct 14, 2024 to Feb 13, 2025
    • Accounts · 1,302 to 1,301
      Apr 26, 2023 to Feb 29, 2024
    • HNW clients · 90 to 99
      Apr 26, 2023 to Feb 29, 2024
    • Individual clients · 309 to 324
      Apr 26, 2023 to Feb 29, 2024
    • Assets in custody · $330M to $270M
      Apr 26, 2023 to Feb 29, 2024
    • Discretionary RAUM · $330M to $372M
      Apr 26, 2023 to Feb 29, 2024
    • HNW RAUM · $240M to $279M
      Apr 26, 2023 to Feb 29, 2024
    • Individual RAUM · $77.7M to $75.1M
      Apr 26, 2023 to Feb 29, 2024
    • Pension RAUM · $11.5M to $17.2M
      Apr 26, 2023 to Feb 29, 2024
    • RAUM · $330M to $372M
      Apr 26, 2023 to Feb 29, 2024
    • Accounts · 1,254 to 1,302
      Feb 23, 2022 to Feb 21, 2023
    • Advisory employees · 4 to 5
      Feb 23, 2022 to Feb 21, 2023
    • HNW clients · 111 to 90
      Feb 23, 2022 to Feb 21, 2023
    • Individual clients · 248 to 309
      Feb 23, 2022 to Feb 21, 2023
    • Assets in custody · $369M to $330M
      Feb 23, 2022 to Feb 21, 2023
    • Discretionary RAUM · $369M to $330M
      Feb 23, 2022 to Feb 21, 2023
    • HNW RAUM · $289M to $240M
      Feb 23, 2022 to Feb 21, 2023
    • Individual RAUM · $67.0M to $77.7M
      Feb 23, 2022 to Feb 21, 2023
    • Pension RAUM · $11.8M to $11.5M
      Feb 23, 2022 to Feb 21, 2023
    • RAUM · $369M to $330M
      Feb 23, 2022 to Feb 21, 2023
    • Accounts · 1,326 to 1,254
      Mar 23, 2021 to Feb 23, 2022
    • HNW clients · 103 to 111
      Mar 23, 2021 to Feb 23, 2022
    • Individual clients · 255 to 248
      Mar 23, 2021 to Feb 23, 2022
    • Pension plan clients · 6 to 5
      Mar 23, 2021 to Feb 23, 2022
    • Assets in custody · $326M to $369M
      Mar 23, 2021 to Feb 23, 2022
    • Employees · 8 to 7
      Mar 23, 2021 to Feb 23, 2022
    • State-registered IARs · 6 to 5
      Mar 23, 2021 to Feb 23, 2022
    • Discretionary RAUM · $326M to $369M
      Mar 23, 2021 to Feb 23, 2022
    Signals
    10 dated events
    • Tfg Advisors no longer on the SEC adviser roster (last listed 2025-08-01, RAUM $423.4M)
      Sep 2, 2025 · Left the SEC roster · derived
    • Timothy Patrick Atkinson left Tfg Advisors for Cx Institutional, Llc (registered 2025-07-01)
      Aug 12, 2025 · Advisor changed firm · fact
    • Thomas Patrick Williams left Tfg Advisors for Cx Institutional, Llc (registered 2025-07-01)
      Jul 23, 2025 · Advisor changed firm · fact
    • Terry John Hirsch left Tfg Advisors for Cx Institutional, Llc (registered 2025-07-01)
      Jul 23, 2025 · Advisor changed firm · fact
    • Paul David Reile left Tfg Advisors for Cx Institutional, Llc (registered 2025-07-01)
      Jul 23, 2025 · Advisor changed firm · fact
    • Tfg Advisors's advisors moved to CX Institutional, LLC (Auburn Hills, MI): 5 of 6 registered, on the same day
      Jul 23, 2025 · Firm absorbed (people side) · derived
    • Owen George Crabtree left Tfg Advisors for Cx Institutional, Llc (registered 2025-07-01)
      Jul 23, 2025 · Advisor changed firm · fact
    • Rebecca Mary Kindig left Tfg Advisors for Cx Institutional, Llc (registered 2025-07-01)
      Jul 23, 2025 · Advisor changed firm · fact
    • Tfg Advisors reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Sep 1, 2017 · Succession (Item 4) · fact
    • Tfg Advisors filed its initial SEC registration (Form ADV)
      Sep 1, 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026