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.

SEC-registered adviser

Brio Financial Group

Independent wealth managerSan Francisco, CaliforniaCRD 289889SEC 801-111830websiteIAPD
Legal name Brio Consultants, LLC
Latest filing Sep 3, 2026
First filing on the tape Sep 11, 2017 · 39 filings
SEC status approved since Oct 13, 2017
RAUM
$1.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$1.1B individuals and HNW
Advisors
15
registered through the firm on IAPD
RAUM per advisor
$70.5M
derived; firm RAUM over IAPD count
Employees
21
13 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
39 filings and snapshots on the tape
RAUM$1.1B as of Jun 23, 2026
Mar 9, 2018$309M then
HNW client RAUM$845M as of Jun 23, 2026
Mar 9, 2018$163M then
State-registered IARs (5.B.3)13 as of Jun 23, 2026
Mar 9, 20187 then
Employees (5.A)21 as of Jun 23, 2026
Mar 9, 201810 then
Private funds: no history
RAUM +26% over the last fiscal year+19% a year over threeIARs 11 to 13
Practice profile
derived from the filing of Sep 3, 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$70.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
53derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$1.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
3.8derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+26%derivedbetween the last two annual amendments
Advisor growth, one year
+18%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.6%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Wrap fee program
$1.1BreportedItem 5.I
Custody
$292M, 900 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$845M80%
  • Individuals$212M20%
  • Corporations and businesses$1.1M0.1%
Individual clients
464reported
HNW clients
336reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
804reported
Financial planning clients
251-500reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$292M for 900 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
15 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Brandon Jay MillerCertified Financial Planner, Chartered Financial ConsultantSan Francisco, CaOct 13, 201726 y1
Gene Boyd ElliottSan Francisco, CaOct 13, 201722 y1
Michael Sinclair TelfordSan Francisco, CaSep 11, 202011 y1
Jamie Lee AlpaughCertified Financial PlannerSan Francisco, Ca Oct 7, 202012 y0
Matthew Richard BeckSan Francisco, CaMay 17, 202125 y0
Jonathan Scott ClementsDenver, Co Nov 29, 202117 y1
Gerald AntonioSan Francisco, CaAug 1, 202319 y2
Rachel Sung-Hee ShinCertified Financial PlannerSan Francisco, CaSep 27, 202311 y2
Mariana LlamasCertified Financial PlannerAustin, Tx Feb 28, 202412 y1
Yerim HahmCertified Financial PlannerSan Francisco, Ca Mar 6, 202512 y0
Jonathan Smith RushtonSan Francisco, CaMar 28, 202514 y2
Vivian Marie SeguraSan Francisco, CaJun 5, 202511 y0
Marc DickowSan Francisco, CaJul 22, 202512 y0
Mark Norman ShumwaySan Francisco, CaJul 23, 202515 y0
Margaret Mary CallahanCertified Financial PlannerSan Francisco, CaJan 29, 202611 y1
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount3 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Jay Brandon Miller · Managing Membercontrol
    since 10/2017 · owns less than 5%
  • Steven Jay Zalewski · Chief Compliance Officercontrol
    since 10/2017 · owns less than 5%
  • Richard Matthew Beck · Chief Partnership Officer
    since 01/2025 · owns less than 5%
  • Florence Joanne Jordan · Minority Owner
    since 01/2020 · owns less than 5%
  • Sinclair Michael Telford · Director Of Operations
    since 01/2024 · owns less than 5%
Entity owners
  • Brio Financial Holdings, LLC · Shareholder
    direct · owns 75% or more
Related persons
Schedule D 7.A
  • Brio Insurance Group LLC
    real estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
San Francisco, Ca · principal1510
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • account count collapseChange between filings · filing Apr 1, 2026
    accounts (Item 5.F.2.f) moved from 3,082.0 to 804.0 (-74.0%) between the annual amendments of 2025-04-15 and 2026-04-01; the peer median change was +6.0% (1206 comparable advisers, 1.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,206) · 0.7% percentile
How anomalies are measured
What changed
consecutive filings, newest first
  • Financial planning clients · 251-500 to 251-500
    Jun 23, 2026 to Sep 3, 2026
  • Succession · false to unset
    Jun 23, 2026 to Sep 3, 2026
  • Accounts · 3,082 to 804
    Aug 18, 2025 to Mar 20, 2026
  • Advisory employees · 11 to 13
    Aug 18, 2025 to Mar 20, 2026
  • Corporate clients · 2 to 4
    Aug 18, 2025 to Mar 20, 2026
  • HNW clients · 299 to 336
    Aug 18, 2025 to Mar 20, 2026
  • Individual clients · 466 to 464
    Aug 18, 2025 to Mar 20, 2026
  • Assets in custody · $168M to $292M
    Aug 18, 2025 to Mar 20, 2026
  • Employees · 17 to 21
    Aug 18, 2025 to Mar 20, 2026
  • State-registered IARs · 11 to 13
    Aug 18, 2025 to Mar 20, 2026
  • Discretionary RAUM · $839M to $1.1B
    Aug 18, 2025 to Mar 20, 2026
  • HNW RAUM · $670M to $845M
    Aug 18, 2025 to Mar 20, 2026
  • Individual RAUM · $172M to $212M
    Aug 18, 2025 to Mar 20, 2026
  • Non-discretionary RAUM · $3.3M to $0
    Aug 18, 2025 to Mar 20, 2026
  • RAUM · $843M to $1.1B
    Aug 18, 2025 to Mar 20, 2026
  • Financial planning clients · 251-500 to 251-500
    Apr 15, 2025 to May 2, 2025
  • Accounts · 2,899 to 3,082
    Nov 21, 2024 to Apr 15, 2025
  • HNW clients · 187 to 299
    Nov 21, 2024 to Apr 15, 2025
  • Individual clients · 567 to 466
    Nov 21, 2024 to Apr 15, 2025
  • Assets in custody · $306M to $168M
    Nov 21, 2024 to Apr 15, 2025
  • Employees · 18 to 17
    Nov 21, 2024 to Apr 15, 2025
  • Other offices · 1 to 3
    Nov 21, 2024 to Apr 15, 2025
  • Discretionary RAUM · $694M to $839M
    Nov 21, 2024 to Apr 15, 2025
  • HNW RAUM · $433M to $670M
    Nov 21, 2024 to Apr 15, 2025
  • Individual RAUM · $266M to $172M
    Nov 21, 2024 to Apr 15, 2025
  • Non-discretionary RAUM · $5.0M to $3.3M
    Nov 21, 2024 to Apr 15, 2025
  • RAUM · $699M to $843M
    Nov 21, 2024 to Apr 15, 2025
  • Accounts · 2,830 to 2,899
    May 24, 2023 to Mar 25, 2024
  • Advisory employees · 8 to 11
    May 24, 2023 to Mar 25, 2024
  • Corporate clients · 1 to 2
    May 24, 2023 to Mar 25, 2024
  • HNW clients · 193 to 187
    May 24, 2023 to Mar 25, 2024
  • Individual clients · 569 to 567
    May 24, 2023 to Mar 25, 2024
  • Employees · 16 to 18
    May 24, 2023 to Mar 25, 2024
  • State-registered IARs · 8 to 11
    May 24, 2023 to Mar 25, 2024
  • Other offices · 0 to 1
    May 24, 2023 to Mar 25, 2024
  • Discretionary RAUM · $617M to $694M
    May 24, 2023 to Mar 25, 2024
  • HNW RAUM · $404M to $433M
    May 24, 2023 to Mar 25, 2024
  • Individual RAUM · $217M to $266M
    May 24, 2023 to Mar 25, 2024
  • Non-discretionary RAUM · $4.2M to $5.0M
    May 24, 2023 to Mar 25, 2024
  • RAUM · $622M to $699M
    May 24, 2023 to Mar 25, 2024
Signals
10 dated events
  • Brio Financial Group reported RAUM $1.1B, up 26% from $842.6M (2025-08-18 to 2026-03-20)
    Mar 20, 2026 · RAUM change · derived
  • Wahidah Aziz left Brio Financial Group for Frec (registered 2026-08-04)
    May 12, 2025 · Advisor changed firm · fact
  • Lindsey Danae Swanson left Brio Financial Group for We Financial Group (registered 2025-07-02)
    Apr 7, 2025 · Advisor changed firm · fact
  • Po Teng left Brio Financial Group for Strategic Advisers Llc (registered 2025-05-22)
    Dec 23, 2024 · Advisor changed firm · fact
  • Claireese Lynell Baggao left Brio Financial Group for Layline Financial (registered 2025-12-04)
    Jul 7, 2023 · Advisor changed firm · fact
  • Danielle N May left Brio Financial Group for Osaic Wealth, Inc. (registered 2023-12-13)
    Feb 15, 2023 · Advisor changed firm · fact
  • Brio Financial Group reported RAUM $624.0M, up 32% from $472.9M (2022-02-18 to 2022-03-31)
    Mar 31, 2022 · RAUM change · derived
  • Richard Matthew Beck (Chief Operating Officer) appeared on Schedule A of Brio Financial Group
    Feb 18, 2022 · Control person joined · fact
  • Brio Financial Group reported RAUM $485.1M, up 31% from $369.2M (2019-12-02 to 2020-03-18)
    Mar 18, 2020 · RAUM change · derived
  • Brio Consultants, Llc filed its initial SEC registration (Form ADV)
    Sep 11, 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
Business email
hello@briofg.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
415-392-0967reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
415-623-2450reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
833-623-2450reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/briofgreportedpublic record, Form ADV, Sep 17, 2026
Website
BRIOFG.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
415-623-2450reportedpublic record, Form ADV, Sep 3, 2026
Contact form
BRIOFG.COM/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
BRIOFG.COM/our-teamreportedpublished by the firm, firm site, Sep 15, 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
$70.5Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026