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

Team Hewins, LLC

Independent wealth managerFoster City, CaliforniaCRD 291194SEC 801-112939websiteIAPD
Latest filing Jul 22, 2026
First filing on the tape Mar 23, 2018 · 35 filings
SEC status approved since Apr 20, 2018
RAUM
$4.0B
reported, Item 5.F
Discretionary
50%
of RAUM
Private clients
62%
$2.4B individuals and HNW
Advisors
23
registered through the firm on IAPD
RAUM per advisor
$172M
derived; firm RAUM over IAPD count
Employees
29
21 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$4.0B as of Jul 22, 2026
Mar 21, 2019$1.8B then
HNW client RAUM$2.3B as of Jul 22, 2026
Mar 21, 2019$1.2B then
State-registered IARs (5.B.3)22 as of Jul 22, 2026
Mar 21, 201912 then
Employees (5.A)29 as of Jul 22, 2026
Mar 21, 201920 then
Private funds: no history
RAUM +16% over the last fiscal year+22% a year over threeIARs 20 to 22
Practice profile
derived from the filing of Jul 22, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
RAUM per advisor
$172MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
24derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$7.6MderivedHNW RAUM over HNW clients
Average account
$1.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
50%derivedof RAUM
Institutional
19%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
7.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+10%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.5%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, educational seminarsreportedItem 5.G
Custody
$1.0B, 130 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.3B58%
  • Corporations and businesses$760M19%
  • State and municipal entities$568M14%
  • Charitable organizations$141M3.6%
  • Individuals$130M3.3%
  • Pension and profit-sharing plans$57.7M1.5%
Individual clients
247reported
HNW clients
304reported
Pension plan clients
9reported
Charitable clients
8reported
Accounts
2,260reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$1.0B for 130 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.62 fund_share=0.0 institutional_share=0.19 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
23 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Christopher Ryan AndersonFoster City, CaMay 29, 201811 y1
John Matthew BusselFoster City, Ca May 29, 201829 y2
Carolyn Elizabeth KellyCertified Financial PlannerFoster City, CaMay 29, 201819 y1
Thuong Thanh ThienCertified Financial PlannerFoster City, CaMay 29, 201817 y2
Roger Colburn HewinsFoster City, Ca May 29, 201826 y2
Patrice Margaret Cresci HornungCertified Financial PlannerFoster City, CaMay 29, 201817 y2
Karl Arthur SchwartzCertified Financial PlannerFoster City, Ca May 29, 201817 y3
Derek Joseph FranceFoster City, CaMay 29, 201811 y1
Ka-Tye KooFoster City, CaMay 29, 201813 y1
Rachael Catherine GrattanCertified Financial PlannerBoca Raton, Fl Jun 4, 201813 y2
Clarice M NoletCertified Financial PlannerFoster City, CaAug 12, 201918 y2
Shelby Geree MillerCertified Financial PlannerFoster City, Ca Feb 25, 202010 y0
Mikhael BalachovFoster City, CaAug 10, 202120 y0
Philip HerzbergCertified Financial PlannerMiami, Fl Aug 12, 202121 y3
Alireza HosseinlarCertified Financial PlannerFoster City, CaSep 12, 202214 y0
Deborah Ann PeriCertified Financial PlannerFoster City, CaJul 3, 202424 y3
Richard Alexander LarsenFoster City, CaSep 26, 202412 y0
Hoyt DrynanFoster City, Ca Feb 17, 202511 y0
Kaycia Marie RossiBoca Raton, Fl Jun 19, 202513 y0
Luke John Calhoun HayesFoster City, CaSep 11, 202531 y0
Margaret Elizabeth AveryFoster City, CaMar 20, 202612 y0
Christina Danielle Gann MunguiaCertified Financial PlannerFoster City, CaApr 29, 202611 y3
Charles Wesley WoodCertified Financial PlannerFoster City, CaJun 23, 202610 y2
Advisor movement
1 left, 2 joined in 12 months
net +1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 4.3% of current headcount2 left over 36 months
Left, latest
Joined, latest
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
    • Mikhael Balachov · Principal, Chief Executive Officer Financial Advisorcontrol
      since 06/2023 · owns 10% to 25%
    • Matthew John Bussel · Principal And Chief Investment Officercontrol
      since 03/2018 · owns 10% to 25%
    • Colburn Roger Hewins · Principal, Founding Membercontrol
      since 06/2023 · owns 25% to 50%
    • Roberts Martha Post · Principal, Founding Membercontrol
      since 06/2023 · owns less than 5%
    • Margaret Cresci Patrice Hornung · Principal, Senior Financial Advisor, Regional Director
      since 06/2018 · owns 10% to 25%
    • Ka-Tye Koo · Principal, Chief Operating Officer
      since 06/2023 · owns 10% to 25%
    • Anne Michelle Mccarthy · Chief Compliance Officer
      since 02/2023 · owns less than 5%
    • Arthur Karl Schwartz · Principal, Senior Financial Advisor
      since 04/2021 · owns 10% to 25%
    • Thanh Thuong Thien · Principal, Senior Financial Advisor
      since 05/2018 · owns 5% to 10%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Foster City, Ca · principal2331
    Boca Raton, Fl600
    Miami, Fl200
    Offices
    Schedule D 1.F, the 25 largest
    • Boca Raton, FL4 employees
    • Miami, FL2 employees
    ADV anomalies
    3 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing Jul 22, 2026
      HEWINS, ROGER, COLBURN (PRINCIPAL, FOUNDING MEMBER) left Schedule A between the filings of 2023-03-08 and 2026-07-22
      peers: independent wealth managers, $1B to $5B (1,360)
    • control person changedChange between filings · filing Jul 22, 2026
      POST, MARTHA, ROBERTS (PRINCIPAL, FOUNDING MEMBER) left Schedule A between the filings of 2023-03-08 and 2026-07-22
      peers: independent wealth managers, $1B to $5B (1,360)
    • control person changedChange between filings · filing Jul 22, 2026
      BUSSEL, JOHN, MATTHEW (PRINCIPAL AND CHIEF INVESTMENT OFFICER) left Schedule A between the filings of 2023-03-08 and 2026-07-22
      peers: independent wealth managers, $1B to $5B (1,360)
    What changed
    consecutive filings, newest first
    • Charity clients · 7 to 8
      Jan 6, 2026 to Feb 24, 2026
    • Accounts · 2,030 to 2,260
      Jan 6, 2026 to Feb 24, 2026
    • Advisory employees · 18 to 21
      Jan 6, 2026 to Feb 24, 2026
    • HNW clients · 290 to 304
      Jan 6, 2026 to Feb 24, 2026
    • Individual clients · 218 to 247
      Jan 6, 2026 to Feb 24, 2026
    • Pension plan clients · 8 to 9
      Jan 6, 2026 to Feb 24, 2026
    • Assets in custody · $1.3B to $1.0B
      Jan 6, 2026 to Feb 24, 2026
    • Employees · 26 to 29
      Jan 6, 2026 to Feb 24, 2026
    • State-registered IARs · 20 to 22
      Jan 6, 2026 to Feb 24, 2026
    • Discretionary RAUM · $1.7B to $2.0B
      Jan 6, 2026 to Feb 24, 2026
    • HNW RAUM · $2.0B to $2.3B
      Jan 6, 2026 to Feb 24, 2026
    • Individual RAUM · $79.0M to $130M
      Jan 6, 2026 to Feb 24, 2026
    • Non-discretionary RAUM · $1.8B to $2.0B
      Jan 6, 2026 to Feb 24, 2026
    • Pension RAUM · $56.6M to $57.7M
      Jan 6, 2026 to Feb 24, 2026
    • RAUM · $3.4B to $4.0B
      Jan 6, 2026 to Feb 24, 2026
    • HQ city · REDWOOD CITY to FOSTER CITY
      Feb 27, 2025 to Jan 6, 2026
    • Accounts · 1,729 to 2,030
      Feb 28, 2024 to Feb 27, 2025
    • Advisory employees · 13 to 18
      Feb 28, 2024 to Feb 27, 2025
    • Corporate clients · 5 to 6
      Feb 28, 2024 to Feb 27, 2025
    • HNW clients · 273 to 290
      Feb 28, 2024 to Feb 27, 2025
    • Individual clients · 208 to 218
      Feb 28, 2024 to Feb 27, 2025
    • Pension plan clients · 9 to 8
      Feb 28, 2024 to Feb 27, 2025
    • Assets in custody · $1.0B to $1.3B
      Feb 28, 2024 to Feb 27, 2025
    • Employees · 23 to 26
      Feb 28, 2024 to Feb 27, 2025
    • Financial planning clients · 251-500 to 251-500
      Feb 28, 2024 to Feb 27, 2025
    • State-registered IARs · 18 to 20
      Feb 28, 2024 to Feb 27, 2025
    • Discretionary RAUM · $1.5B to $1.7B
      Feb 28, 2024 to Feb 27, 2025
    • HNW RAUM · $1.7B to $2.0B
      Feb 28, 2024 to Feb 27, 2025
    • Individual RAUM · $111M to $79.0M
      Feb 28, 2024 to Feb 27, 2025
    • Non-discretionary RAUM · $1.0B to $1.8B
      Feb 28, 2024 to Feb 27, 2025
    • Pension RAUM · $52.3M to $56.6M
      Feb 28, 2024 to Feb 27, 2025
    • RAUM · $2.5B to $3.4B
      Feb 28, 2024 to Feb 27, 2025
    • Accounts · 1,547 to 1,729
      Oct 19, 2023 to Feb 28, 2024
    • Advisory employees · 14 to 13
      Oct 19, 2023 to Feb 28, 2024
    • HNW clients · 234 to 273
      Oct 19, 2023 to Feb 28, 2024
    • Individual clients · 170 to 208
      Oct 19, 2023 to Feb 28, 2024
    • Pension plan clients · 10 to 9
      Oct 19, 2023 to Feb 28, 2024
    • Assets in custody · $922M to $1.0B
      Oct 19, 2023 to Feb 28, 2024
    • Other offices · 3 to 2
      Oct 19, 2023 to Feb 28, 2024
    • Discretionary RAUM · $1.2B to $1.5B
      Oct 19, 2023 to Feb 28, 2024
    Signals
    5 dated events
    • Zachary Joseph Riera left Team Hewins, Llc for Osborne Partners (registered 2026-03-02)
      Mar 2, 2026 · Advisor changed firm · fact
    • Team Hewins, Llc reported RAUM $3.4B, up 37% from $2.5B (2024-02-28 to 2025-02-27)
      Feb 27, 2025 · RAUM change · derived
    • Lyn Michelle Eldridge (Principal And General Counsel) no longer on Schedule A of Team Hewins, Llc (listed 2023-10-19, absent 2024-02-28)
      Feb 28, 2024 · Control person left · inference
    • Elena Song left Team Hewins, Llc for Polaris Wealth Advisory Group (registered 2023-10-13)
      Oct 2, 2023 · Advisor changed firm · fact
    • Hewins, Llc filed its initial SEC registration (Form ADV)
      Mar 23, 2018 · 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
    Business email
    info@teamhewins.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    866-248-8678reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/team-hewinsreportedpublic record, Form ADV, Sep 17, 2026
    Website
    teamhewins.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    650-620-3040reportedpublic record, Form ADV, Jul 22, 2026
    Contact form
    teamhewins.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
    Team page
    teamhewins.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
    $172Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026