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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SEC-registered adviser

W••••• P••••••• G••••

Independent wealth managerBaltimore, MarylandCRD 291708SEC 801-114047websiteIAPD
Legal name W•• A•••••••• L••
Latest filing Mar 28, 2026
First filing on the tape Aug 27, 2018 · 24 filings
SEC status approved since Sep 27, 2018
RAUM
$361M
reported, Item 5.F
Discretionary
79%
of RAUM
Private clients
77%
$279M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$90.2M
derived; firm RAUM over IAPD count
Employees
6
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$361M as of Mar 28, 2026
May 1, 2019$110M then
HNW client RAUM$198M as of Mar 28, 2026
May 1, 2019$27.3M then
State-registered IARs (5.B.3)4 as of Mar 28, 2026
May 1, 20194 then
Employees (5.A)6 as of Mar 28, 2026
May 1, 20195 then
Private funds1 as of Mar 28, 2026
Mar 28, 20221 then
RAUM +1.3% over the last fiscal year+12% a year over threeIARs 6 to 4
Practice profile
derived from the filing of Mar 28, 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
$90.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
95derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$282,597derivedRAUM over accounts (5.F.2.f)
Discretionary
79%derivedof RAUM
Institutional
22%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+1.3%derivedbetween the last two annual amendments
Advisor growth, one year
-33%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.3%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$1,980, 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$198M55%
  • Individuals$81.4M23%
  • Pension and profit-sharing plans$76.8M21%
  • Corporations and businesses$2.5M0.7%
  • Charitable organizations$2.3M0.6%
Individual clients
300reported
HNW clients
80reported
Pension plan clients
19reported
Charitable clients
n/areported
Accounts
1,277reported
Financial planning clients
1-10reported
Wrap fee programs
$0 sponsored, $83.6M managedreported
Custody of client assets
$1,980 for 1 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.77 fund_share=0.0 institutional_share=0.22 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
N••••••• P••• R••••Baltimore, MdDec 20, 202111 y0
S••••• J••••• G••••••Certified Financial PlannerBaltimore, MdDec 3, 202426 y4
P•••••• B••••••••Baltimore, MdJan 1, 202614 y0
T••• F••••• P•••••••Certified Financial PlannerBaltimore, MdJan 21, 202626 y3
Advisor movement
2 left, 1 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 50% of current headcount2 left over 36 months
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Z•••• M•••••••• B••• A•••••••• F•••• L•Private Equity Fund$2.4M14Sep 8, 2021
Owners and control persons
Schedule A and B, latest filing
  • G••••••• S•••••• J••••• · Membercontrol
    since 09/2018 · owns 50% to 75%
  • P•••••••• T•••• F••••• · Managing Membercontrol
    since 09/2018 · owns 50% to 75%
  • R••••• N•••••• M•••• · Chief Compliance Officercontrol
    since 11/2019 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Baltimore, Md · principal4221
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • advisor count dropChange between filings · filing Mar 28, 2026
    advisory representatives (Item 5.B.3) moved from 6.0 to 4.0 (-33.0%) between the annual amendments of 2025-03-29 and 2026-03-28; the peer median change was 0.0% (965 comparable advisers, 4.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (965) · 4.1% percentile
  • institutional asset share shiftChange between filings · filing Mar 28, 2026
    institutional share of RAUM moved from 2.0% to 23.0% between the annual amendments of 2025-03-29 and 2026-03-28
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 1,332 to 1,277
    Mar 29, 2025 to Mar 28, 2026
  • Advisory employees · 6 to 4
    Mar 29, 2025 to Mar 28, 2026
  • Business name · W•• F•••••••• G••••• L•• to W••••• P••••••• G••••
    Mar 29, 2025 to Mar 28, 2026
  • HNW clients · 72 to 80
    Mar 29, 2025 to Mar 28, 2026
  • Individual clients · 296 to 300
    Mar 29, 2025 to Mar 28, 2026
  • Pension plan clients · unset to 19.0
    Mar 29, 2025 to Mar 28, 2026
  • Assets in custody · $2.1M to $1,980
    Mar 29, 2025 to Mar 28, 2026
  • Employees · 8 to 6
    Mar 29, 2025 to Mar 28, 2026
  • State-registered IARs · 6 to 4
    Mar 29, 2025 to Mar 28, 2026
  • Discretionary RAUM · $295M to $285M
    Mar 29, 2025 to Mar 28, 2026
  • HNW RAUM · $213M to $198M
    Mar 29, 2025 to Mar 28, 2026
  • Individual RAUM · $77.2M to $81.4M
    Mar 29, 2025 to Mar 28, 2026
  • Non-discretionary RAUM · $61.1M to $75.9M
    Mar 29, 2025 to Mar 28, 2026
  • Pension RAUM · $3.5M to $76.8M
    Mar 29, 2025 to Mar 28, 2026
  • RAUM · $356M to $361M
    Mar 29, 2025 to Mar 28, 2026
  • Wrap assets (manager) · $83.9M to $83.6M
    Mar 29, 2025 to Mar 28, 2026
  • Accounts · 1,008 to 1,332
    Dec 3, 2024 to Mar 29, 2025
  • Corporate clients · 5.0 to unset
    Dec 3, 2024 to Mar 29, 2025
  • HNW clients · 62 to 72
    Dec 3, 2024 to Mar 29, 2025
  • Individual clients · 303 to 296
    Dec 3, 2024 to Mar 29, 2025
  • Pension plan clients · 20.0 to unset
    Dec 3, 2024 to Mar 29, 2025
  • Pooled vehicle clients · 0.0 to unset
    Dec 3, 2024 to Mar 29, 2025
  • Assets in custody · $2.4M to $2.1M
    Dec 3, 2024 to Mar 29, 2025
  • Employees · 6 to 8
    Dec 3, 2024 to Mar 29, 2025
  • Financial planning clients · 101-250 to 1-10
    Dec 3, 2024 to Mar 29, 2025
  • Discretionary RAUM · $243M to $295M
    Dec 3, 2024 to Mar 29, 2025
  • HNW RAUM · $174M to $213M
    Dec 3, 2024 to Mar 29, 2025
  • Individual RAUM · $65.2M to $77.2M
    Dec 3, 2024 to Mar 29, 2025
  • Non-discretionary RAUM · $58.6M to $61.1M
    Dec 3, 2024 to Mar 29, 2025
  • Pension RAUM · $55.3M to $3.5M
    Dec 3, 2024 to Mar 29, 2025
  • RAUM · $301M to $356M
    Dec 3, 2024 to Mar 29, 2025
  • Wrap assets (manager) · $92.6M to $83.9M
    Dec 3, 2024 to Mar 29, 2025
  • Accounts · 933 to 1,008
    Oct 13, 2023 to Mar 26, 2024
  • Corporate clients · unset to 5.0
    Oct 13, 2023 to Mar 26, 2024
  • HNW clients · 58 to 62
    Oct 13, 2023 to Mar 26, 2024
  • Individual clients · 309 to 303
    Oct 13, 2023 to Mar 26, 2024
  • Pension plan clients · 19 to 20
    Oct 13, 2023 to Mar 26, 2024
  • Pooled vehicle clients · unset to 0.0
    Oct 13, 2023 to Mar 26, 2024
  • Assets in custody · $2.6M to $2.4M
    Oct 13, 2023 to Mar 26, 2024
  • Employees · 8 to 6
    Oct 13, 2023 to Mar 26, 2024
Signals
6 dated events
  • D••• B•••• F•••• left W••••• P••••••• G•••• for I••••••••• S••••• H•••••••• L•• (registered 2025-12-23)
    Dec 31, 2025 · Advisor changed firm · fact
  • M•••••• B•••• B••••••• left W••••• P••••••• G•••• for I••••••••• S••••• H•••••••• L•• (registered 2025-12-18)
    Dec 31, 2025 · Advisor changed firm · fact
  • 2 advisors left W••••• P••••••• G•••• (Baltimore, MD) for I••••••••• S••••• H•••••••• L•• on the same day
    Dec 31, 2025 · Team lift-out · derived
  • Carol Mary Ceselsky (Chief Compliance Officer) no longer on Schedule A of W••••• P••••••• G•••• (listed 2019-05-01, absent 2020-02-20)
    Feb 20, 2020 · Control person left · inference
  • Marie Nicole Reese (Chief Compliance Officer) appeared on Schedule A of W••••• P••••••• G••••
    Feb 20, 2020 · Control person joined · fact
  • B•••• D•••••••• L•• filed its initial SEC registration (Form ADV)
    Aug 27, 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
team@wpgfinancial.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
410-522-2030reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/wpg-financial-groupreportedpublic record, Form ADV, Sep 18, 2026
Website
wpgfinancial.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
410-522-2030reportedpublic record, Form ADV, Mar 28, 2026
Contact form
wealthplanninggroup.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
wealthplanninggroup.com/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
$90.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026