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

Full Sail Capital, LLC

Former SEC-registered adviserOklahoma City, OklahomaCRD 291368SEC 801-112427websiteIAPD
Latest filing Jun 6, 2025
First filing on the tape Nov 22, 2017 · 26 filings
SEC status approved since Feb 13, 2018
RAUM
$2.0B
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
85%
$1.7B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
15
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$2.0B as of Jun 6, 2025
Mar 26, 2019$663M then
HNW client RAUM$1.7B as of Jun 6, 2025
Mar 26, 2019$456M then
State-registered IARs (5.B.3)10 as of Jun 6, 2025
Mar 26, 20195 then
Employees (5.A)15 as of Jun 6, 2025
Mar 26, 20198 then
Private funds: no history
RAUM +11% over the last fiscal year+6.3% a year over threeIARs 10 to 10
Practice profile
derived from the filing of Jun 6, 2025; every figure names its basis
RAUM per advisor
$203MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
60derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.5MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
10%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
10.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.8%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$1.4B, 344 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$1.7B81%
  • State and municipal entities$113M5.5%
  • Corporations and businesses$94.6M4.7%
  • Charitable organizations$93.2M4.6%
  • Individuals$72.6M3.6%
  • Pension and profit-sharing plans$4.5M0.2%
Individual clients
236reported
HNW clients
364reported
Pension plan clients
2reported
Charitable clients
12reported
Accounts
1,688reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$1.4B for 344 clientsreported
Compensation
% of AUMreported
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
10 left, 0 joined in 12 months
net -10 in 12 months0 left in 90 days0 joined in 90 days12 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
    • Lee Scott Cravens · Managing Membercontrol
      since 02/2018 · owns 10% to 25%
    • Austin Zachary Reynolds · Managing Membercontrol
      since 02/2018 · owns 25% to 50%
    • Jackson Max Rhodes · Chief Compliance Officercontrol
      since 01/2022 · owns less than 5%
    • Todd David Stanley · Managing Membercontrol
      since 02/2018 · owns 25% to 50%
    Related persons
    Schedule D 7.A
    • Fsc Realty, LLC
      investment companyn
    • Max J. Rhodes
      n
    • Scott Lee Cravens
      y
    • Stacy L. Murray
      insurancen
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Oklahoma City, Ok · principal0010
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Financial planning clients · 26-50 to 26-50
      Mar 27, 2025 to Jun 6, 2025
    • Accounts · 1,609 to 1,688
      Jun 14, 2024 to Mar 27, 2025
    • Corporate clients · 14 to 12
      Jun 14, 2024 to Mar 27, 2025
    • HNW clients · 334 to 364
      Jun 14, 2024 to Mar 27, 2025
    • Individual clients · 244 to 236
      Jun 14, 2024 to Mar 27, 2025
    • Pension plan clients · 6 to 2
      Jun 14, 2024 to Mar 27, 2025
    • Assets in custody · $1.2B to $1.4B
      Jun 14, 2024 to Mar 27, 2025
    • Employees · 16 to 15
      Jun 14, 2024 to Mar 27, 2025
    • Discretionary RAUM · $1.7B to $2.0B
      Jun 14, 2024 to Mar 27, 2025
    • HNW RAUM · $1.5B to $1.7B
      Jun 14, 2024 to Mar 27, 2025
    • Individual RAUM · $74.3M to $72.6M
      Jun 14, 2024 to Mar 27, 2025
    • Non-discretionary RAUM · $97.8M to $23.7M
      Jun 14, 2024 to Mar 27, 2025
    • Pension RAUM · $8.1M to $4.5M
      Jun 14, 2024 to Mar 27, 2025
    • RAUM · $1.8B to $2.0B
      Jun 14, 2024 to Mar 27, 2025
    • Related insurance company · true to false
      Jun 14, 2024 to Mar 27, 2025
    • Accounts · 1,413 to 1,609
      Jan 30, 2024 to Mar 1, 2024
    • Advisory activities · 6 to 5
      Jan 30, 2024 to Mar 1, 2024
    • Charity clients · 11 to 12
      Jan 30, 2024 to Mar 1, 2024
    • Corporate clients · 11 to 14
      Jan 30, 2024 to Mar 1, 2024
    • HNW clients · 280 to 334
      Jan 30, 2024 to Mar 1, 2024
    • Individual clients · 237 to 244
      Jan 30, 2024 to Mar 1, 2024
    • Pension plan clients · 5 to 6
      Jan 30, 2024 to Mar 1, 2024
    • Assets in custody · $1.5B to $1.2B
      Jan 30, 2024 to Mar 1, 2024
    • Employees · 15 to 16
      Jan 30, 2024 to Mar 1, 2024
    • Financial planning clients · 51-100 to 26-50
      Jan 30, 2024 to Mar 1, 2024
    • State-registered IARs · 8 to 10
      Jan 30, 2024 to Mar 1, 2024
    • Discretionary RAUM · $1.4B to $1.7B
      Jan 30, 2024 to Mar 1, 2024
    • HNW RAUM · $1.1B to $1.5B
      Jan 30, 2024 to Mar 1, 2024
    • Individual RAUM · $64.5M to $74.3M
      Jan 30, 2024 to Mar 1, 2024
    • Non-discretionary RAUM · $34.9M to $97.8M
      Jan 30, 2024 to Mar 1, 2024
    • Pension RAUM · $5.8M to $8.1M
      Jan 30, 2024 to Mar 1, 2024
    • RAUM · $1.5B to $1.8B
      Jan 30, 2024 to Mar 1, 2024
    • Accounts · 1,278 to 1,413
      Aug 15, 2022 to Mar 30, 2023
    • Advisory employees · 9 to 10
      Aug 15, 2022 to Mar 30, 2023
    • Charity clients · 10 to 11
      Aug 15, 2022 to Mar 30, 2023
    • HNW clients · 244 to 280
      Aug 15, 2022 to Mar 30, 2023
    • Individual clients · 222 to 237
      Aug 15, 2022 to Mar 30, 2023
    • Pension plan clients · 18 to 5
      Aug 15, 2022 to Mar 30, 2023
    • Assets in custody · $197M to $1.5B
      Aug 15, 2022 to Mar 30, 2023
    • Employees · 13 to 15
      Aug 15, 2022 to Mar 30, 2023
    Signals
    23 dated events
    • Full Sail Capital, Llc no longer on the SEC adviser roster (last listed 2025-12-20, RAUM $2.0B)
      Jan 2, 2026 · Left the SEC roster · derived
    • Scott Lee Cravens left Full Sail Capital, Llc for Mercer Global Advisors Inc. (registered 2025-06-17)
      Dec 23, 2025 · Advisor changed firm · fact
    • Max Jackson Rhodes left Full Sail Capital, Llc for Mercer Global Advisors Inc. (registered 2025-06-16)
      Dec 23, 2025 · Advisor changed firm · fact
    • Kyle Ray left Full Sail Capital, Llc for Mercer Global Advisors Inc. (registered 2025-06-17)
      Dec 23, 2025 · Advisor changed firm · fact
    • Hunter Nichols Brown left Full Sail Capital, Llc for Mercer Global Advisors Inc. (registered 2025-06-16)
      Dec 23, 2025 · Advisor changed firm · fact
    • Jordan Elizabeth Dean left Full Sail Capital, Llc for Mercer Global Advisors Inc. (registered 2025-06-13)
      Dec 23, 2025 · Advisor changed firm · fact
    • Austin Rucker Burks left Full Sail Capital, Llc for Mercer Global Advisors Inc. (registered 2025-06-13)
      Dec 23, 2025 · Advisor changed firm · fact
    • Samuel Gill Warner left Full Sail Capital, Llc for Mercer Global Advisors Inc. (registered 2025-06-16)
      Dec 23, 2025 · Advisor changed firm · fact
    • Zachary Austin Reynolds left Full Sail Capital, Llc for Mercer Global Advisors Inc. (registered 2025-06-26)
      Dec 23, 2025 · Advisor changed firm · fact
    • David Todd Stanley left Full Sail Capital, Llc for Mercer Global Advisors Inc. (registered 2025-06-13)
      Dec 23, 2025 · Advisor changed firm · fact
    • Tyler Townsdin Grubbs left Full Sail Capital, Llc for Mercer Global Advisors Inc. (registered 2025-06-13)
      Dec 23, 2025 · Advisor changed firm · fact
    • Full Sail Capital, LLC's advisors moved to Mercer Global Advisors Inc. (Oklahoma City, OK): 10 of 10 registered, on the same day
      Dec 23, 2025 · Firm absorbed (people side) · derived
    • Stacy Lyn Murray left Full Sail Capital, Llc for Northwest Asset Management (registered 2024-08-12)
      Jul 2, 2024 · Advisor changed firm · fact
    • Charles Parsa Gholami left Full Sail Capital, Llc for Hub Investment Partners, Llc (registered 2023-09-21)
      Nov 1, 2023 · Advisor changed firm · fact
    • Full Sail Capital, Llc reported RAUM $1.7B, up 27% from $1.3B (2022-01-11 to 2022-03-23)
      Mar 23, 2022 · RAUM change · derived
    • Lyn Stacy Murray (Chief Compliance Officer) no longer on Schedule A of Full Sail Capital, Llc (listed 2022-01-11, absent 2022-03-23)
      Mar 23, 2022 · Control person left · inference
    • Jackson Max Rhodes (Chief Compliance Officer) appeared on Schedule A of Full Sail Capital, Llc
      Mar 23, 2022 · Control person joined · fact
    • Jackson Max Rhodes (Chief Compliance Officer) no longer on Schedule A of Full Sail Capital, Llc (listed 2021-03-30, absent 2021-03-31)
      Mar 31, 2021 · Control person left · inference
    • Lyn Stacy Murray (Chief Compliance Officer) appeared on Schedule A of Full Sail Capital, Llc
      Mar 31, 2021 · Control person joined · fact
    • Full Sail Capital, Llc reported RAUM $1.3B, up 44% from $927.4M (2021-02-02 to 2021-03-30)
      Mar 30, 2021 · RAUM change · derived
    • Full Sail Capital, Llc reported RAUM $927.4M, up 40% from $662.7M (2019-03-26 to 2020-03-26)
      Mar 26, 2020 · RAUM change · derived
    • Full Sail Capital, Llc reported RAUM $662.7M, up 146% from $269.3M (2018-11-07 to 2019-03-26)
      Mar 26, 2019 · RAUM change · derived
    • Paisley Advisors, Llc filed its initial SEC registration (Form ADV)
      Nov 22, 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