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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Former SEC-registered adviser

D•• S•••••• F•••••••• • I•••••••• S•••••••

Former SEC-registered adviserCarlsbad, CaliforniaCRD 289985SEC 801-112721websiteIAPD
Legal name S•••••• A••••••• S•••••••• I•••
Latest filing May 28, 2026
First filing on the tape Feb 28, 2018 · 27 filings
SEC status approved since Mar 30, 2018
RAUM
$81.2M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$81.2M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$20.3M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$81.2M as of May 28, 2026
Mar 19, 2019$94.0M then
HNW client RAUM$56.3M as of May 28, 2026
Mar 19, 2019$47.7M then
State-registered IARs (5.B.3)4 as of May 28, 2026
Mar 19, 20195 then
Employees (5.A)4 as of May 28, 2026
Mar 19, 20195 then
Private funds: no history
RAUM +11% over the last fiscal year-12% a year over threeIARs 5 to 4offices 0 to 1
Practice profile
derived from the filing of May 28, 2026; every figure names its basis
RAUM per advisor
$20.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
34derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$240,952derivedRAUM 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
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
-20%derivedItem 5.B.3 between annual amendments
Client growth, one year
-4.2%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 advisers, educational seminarsreportedItem 5.G
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
  • is an insurance broker or agent (6.A.6)
  • buys or sells securities as principal to or from clients (8.A.2)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$56.3M69%
  • Individuals$24.9M31%
Individual clients
113reported
HNW clients
24reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
337reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S•••• C••••••••• O••••Greenwich, Ct Jan 3, 201820 y2
C••• H• L••••••Carlsbad, Ca Jun 15, 202113 y0
D•••••• M• M•••Carlsbad, CaOct 17, 202510 y0
A••••• A•• F•••••Carlsbad, CaDec 12, 202535 y1
Advisor movement
0 left, 1 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • M•••• D••••••• M•••• · Chief Compliance Officercontrol
    since 11/2018 · owns less than 5%
  • O••••• S••••• C••••••••• · Owner & Presidentcontrol
    since 06/2016 · owns 75% or more
Related persons
Schedule D 7.A
Advisers that list D•• S•••••• F•••••••• • I•••••••• S••••••• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Carlsbad, Ca · principal420
Greenwich, Ct200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Advisory activities · 5 to 6
    Apr 8, 2026 to May 28, 2026
  • Accounts · 354 to 337
    Feb 11, 2026 to Mar 30, 2026
  • HNW clients · 23 to 24
    Feb 11, 2026 to Mar 30, 2026
  • Individual clients · 109 to 113
    Feb 11, 2026 to Mar 30, 2026
  • Financial planning clients · 251-500 to 101-250
    Feb 11, 2026 to Mar 30, 2026
  • Discretionary RAUM · $0 to $81.2M
    Feb 11, 2026 to Mar 30, 2026
  • HNW RAUM · $54.1M to $56.3M
    Feb 11, 2026 to Mar 30, 2026
  • Individual RAUM · $24.9M to $24.9M
    Feb 11, 2026 to Mar 30, 2026
  • Non-discretionary RAUM · $79.0M to $0
    Feb 11, 2026 to Mar 30, 2026
  • RAUM · $79.0M to $81.2M
    Feb 11, 2026 to Mar 30, 2026
  • Other offices · 2 to 1
    Oct 16, 2025 to Feb 11, 2026
  • Wrap assets (manager) · 0.0 to unset
    Oct 16, 2025 to Feb 11, 2026
  • Wrap assets (sponsor) · 0.0 to unset
    Oct 16, 2025 to Feb 11, 2026
  • Accounts · 381 to 354
    Aug 14, 2025 to Oct 16, 2025
  • Advisory employees · 5 to 4
    Aug 14, 2025 to Oct 16, 2025
  • HNW clients · 19 to 23
    Aug 14, 2025 to Oct 16, 2025
  • Individual clients · 124 to 109
    Aug 14, 2025 to Oct 16, 2025
  • Employees · 5 to 4
    Aug 14, 2025 to Oct 16, 2025
  • State-registered IARs · 5 to 4
    Aug 14, 2025 to Oct 16, 2025
  • HNW RAUM · $44.3M to $54.1M
    Aug 14, 2025 to Oct 16, 2025
  • Individual RAUM · $29.0M to $24.9M
    Aug 14, 2025 to Oct 16, 2025
  • Non-discretionary RAUM · $73.3M to $79.0M
    Aug 14, 2025 to Oct 16, 2025
  • RAUM · $73.3M to $79.0M
    Aug 14, 2025 to Oct 16, 2025
  • Related adviser · true to false
    Aug 14, 2025 to Oct 16, 2025
  • Financial planning clients · 251-500 to 251-500
    Feb 20, 2025 to Jul 25, 2025
  • Other offices · 0 to 2
    Feb 20, 2025 to Jul 25, 2025
  • Accounts · 552 to 381
    Mar 20, 2024 to Feb 20, 2025
  • HNW clients · 23 to 19
    Mar 20, 2024 to Feb 20, 2025
  • Individual clients · 162 to 124
    Mar 20, 2024 to Feb 20, 2025
  • HNW RAUM · $50.2M to $44.3M
    Mar 20, 2024 to Feb 20, 2025
  • Individual RAUM · $39.2M to $29.0M
    Mar 20, 2024 to Feb 20, 2025
  • Non-discretionary RAUM · $89.4M to $73.3M
    Mar 20, 2024 to Feb 20, 2025
  • RAUM · $89.4M to $73.3M
    Mar 20, 2024 to Feb 20, 2025
  • Accounts · 780 to 552
    Feb 7, 2024 to Mar 20, 2024
  • HNW clients · 34 to 23
    Feb 7, 2024 to Mar 20, 2024
  • Individual clients · 89 to 162
    Feb 7, 2024 to Mar 20, 2024
  • HNW RAUM · $69.5M to $50.2M
    Feb 7, 2024 to Mar 20, 2024
  • Individual RAUM · $47.9M to $39.2M
    Feb 7, 2024 to Mar 20, 2024
  • Non-discretionary RAUM · $117M to $89.4M
    Feb 7, 2024 to Mar 20, 2024
  • RAUM · $117M to $89.4M
    Feb 7, 2024 to Mar 20, 2024
Signals
4 dated events
  • D•• S•••••• F•••••••• • I•••••••• S••••••• no longer on the SEC adviser roster (last listed 2026-06-01, RAUM $81.2M)
    Jul 1, 2026 · Left the SEC roster · derived
  • R••••• P•••• O•••••••• left D•• S•••••• F•••••••• • I•••••••• S••••••• for P•••••• W••••• M••••••••• L•• (registered 2023-11-29)
    Jan 5, 2024 · Advisor changed firm · fact
  • M•••• D•••••• M••• (Chief Compliance Officer) appeared on Schedule A of D•• S•••••• F•••••••• • I•••••••• S•••••••
    Jan 2, 2019 · Control person joined · fact
  • D•• S•••••• F•••••••• • I•••••••• S••••••• filed its initial SEC registration (Form ADV)
    Feb 28, 2018 · 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
S••••••ADVISORY.COMreportedpublic record, Form ADV, Sep 19, 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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
$20.3Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026