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SEC-registered adviser

F•••••••• P•••••••• L••

Independent wealth managerVancouver, Bc, CRD 288935SEC 801-111639websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Aug 8, 2017 · 22 filings
SEC status approved since Oct 25, 2017
RAUM
$30.4M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
77%
$23.3M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$15.2M
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$30.4M as of Mar 27, 2026
Mar 29, 2018$0 then
HNW client RAUM$15.7M as of Mar 27, 2026
Mar 31, 2020$134,000 then
State-registered IARs (5.B.3)2 as of Mar 27, 2026
Mar 29, 20183 then
Employees (5.A)4 as of Mar 27, 2026
Mar 29, 20183 then
Private funds1 as of Mar 27, 2026
Mar 30, 20221 then
RAUM +16% over the last fiscal year+11% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 27, 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
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
RAUM per advisor
$15.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
29derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$654,519derivedHNW RAUM over HNW clients
Average account
$223,659derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-3.3%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, selection of other advisersreportedItem 5.G
Custody
$3.6M, 1 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$15.7M52%
  • Individuals$7.6M25%
  • Pooled investment vehicles$3.6M12%
  • Corporations and businesses$3.5M11%
Individual clients
34reported
HNW clients
24reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
136reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$3.6M for 1 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.77 fund_share=0.12 institutional_share=0.0 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
N••••••• P••• S•••• B••••Vancouver, BcJan 15, 201816 y2
B••• D••••• S••••••Houston, Tx Feb 1, 202127 y0
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
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
F•••••••• O••••••••• F••• I• L•Private Equity Fund$2.0M4Mar 30, 2022
Owners and control persons
Schedule A and B, latest filing
  • B••••• N•••••••• P••• S•••• · Managing Partnercontrol
    since 06/2017 · owns less than 5%
  • R••••••••• F••••• · Presidentcontrol
    since 06/2017 · owns 25% to 50%
  • S••••••• B•••• D••••• · Member/Chief Compliance Officercontrol
    since 06/2017 · owns 25% to 50%
  • T••••••• R•••••• D••••• · Membercontrol
    since 08/2021 · owns less than 5%
  • B••••• N•••••••• P••• S•••• · President/Ccocontrol
    since 12/2015 · owns F of C•••••• P•••
  • T••••••• R•••••• D••••• · Managing Membercontrol
    since 05/2018 · owns 75% or more of M••••• H••••••• L••
Entity owners
  • B•••••••• P••••••• L•• · Member
    direct · owns 25% to 50%
  • C•••••• P••• · Member
    indirect · owns 75% or more of B•••••••• P••••••• L••
  • M••••• H••••••• L•• · Member
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
Advisers that list F•••••••• P•••••••• L•• as a related person
Offices
Schedule D 1.F, the 25 largest
  • Houston, TX3 employees
What changed
consecutive filings, newest first
  • Accounts · 129 to 136
    Mar 24, 2025 to Mar 27, 2026
  • Advisory employees · 4 to 2
    Mar 24, 2025 to Mar 27, 2026
  • HNW clients · 26 to 24
    Mar 24, 2025 to Mar 27, 2026
  • Assets in custody · $4.3M to $3.6M
    Mar 24, 2025 to Mar 27, 2026
  • Discretionary RAUM · $26.1M to $30.4M
    Mar 24, 2025 to Mar 27, 2026
  • HNW RAUM · $11.0M to $15.7M
    Mar 24, 2025 to Mar 27, 2026
  • Individual RAUM · $7.3M to $7.6M
    Mar 24, 2025 to Mar 27, 2026
  • Pooled vehicle RAUM · $4.3M to $3.6M
    Mar 24, 2025 to Mar 27, 2026
  • RAUM · $26.1M to $30.4M
    Mar 24, 2025 to Mar 27, 2026
  • Accounts · 117 to 129
    Mar 27, 2024 to Mar 24, 2025
  • HNW clients · 20 to 26
    Mar 27, 2024 to Mar 24, 2025
  • Individual clients · 36 to 34
    Mar 27, 2024 to Mar 24, 2025
  • Assets in custody · $2.0M to $4.3M
    Mar 27, 2024 to Mar 24, 2025
  • Financial planning clients · unset to
    Mar 27, 2024 to Mar 24, 2025
  • HQ state · unset to
    Mar 27, 2024 to Mar 24, 2025
  • Discretionary RAUM · $21.7M to $26.1M
    Mar 27, 2024 to Mar 24, 2025
  • HNW RAUM · $10.9M to $11.0M
    Mar 27, 2024 to Mar 24, 2025
  • Individual RAUM · $6.5M to $7.3M
    Mar 27, 2024 to Mar 24, 2025
  • Pooled vehicle RAUM · $2.0M to $4.3M
    Mar 27, 2024 to Mar 24, 2025
  • RAUM · $21.7M to $26.1M
    Mar 27, 2024 to Mar 24, 2025
  • Accounts · 112 to 117
    Mar 31, 2023 to Mar 27, 2024
  • HNW clients · 21 to 20
    Mar 31, 2023 to Mar 27, 2024
  • Individual clients · 27 to 36
    Mar 31, 2023 to Mar 27, 2024
  • Assets in custody · $1.6M to $2.0M
    Mar 31, 2023 to Mar 27, 2024
  • Discretionary RAUM · $22.3M to $21.7M
    Mar 31, 2023 to Mar 27, 2024
  • HNW RAUM · $12.9M to $10.9M
    Mar 31, 2023 to Mar 27, 2024
  • Individual RAUM · $4.9M to $6.5M
    Mar 31, 2023 to Mar 27, 2024
  • Pooled vehicle RAUM · $1.6M to $2.0M
    Mar 31, 2023 to Mar 27, 2024
  • RAUM · $22.3M to $21.7M
    Mar 31, 2023 to Mar 27, 2024
  • Accounts · 106 to 112
    Mar 30, 2022 to Mar 31, 2023
  • Advisory employees · 2 to 4
    Mar 30, 2022 to Mar 31, 2023
  • BD registered reps · 0 to 2
    Mar 30, 2022 to Mar 31, 2023
  • Assets in custody · $2.4M to $1.6M
    Mar 30, 2022 to Mar 31, 2023
  • Employees · 2 to 4
    Mar 30, 2022 to Mar 31, 2023
  • Insurance-licensed employees · 1 to 0
    Mar 30, 2022 to Mar 31, 2023
  • Discretionary RAUM · $25.9M to $22.3M
    Mar 30, 2022 to Mar 31, 2023
  • HNW RAUM · $15.2M to $12.9M
    Mar 30, 2022 to Mar 31, 2023
  • Individual RAUM · $5.5M to $4.9M
    Mar 30, 2022 to Mar 31, 2023
  • Pooled vehicle RAUM · $2.4M to $1.6M
    Mar 30, 2022 to Mar 31, 2023
  • RAUM · $25.9M to $22.3M
    Mar 30, 2022 to Mar 31, 2023
Signals
2 dated events
  • D••••• R••••• T•••••• (Managing Member) appeared on Schedule A of F•••••••• P•••••••• L••
    Nov 26, 2021 · Control person joined · fact
  • C••••••• P•••• C•••••• filed its initial SEC registration (Form ADV)
    Aug 8, 2017 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Website
f•••••••••.comreportedpublic record, Form ADV, Sep 21, 2026
Principal office phone
713.701.1812reportedpublic record, Form ADV, Mar 27, 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
$15.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026