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

Brindle & Bay Financial Advisors, LLC

Independent wealth managerFrisco, TexasCRD 291747SEC 801-131045websiteIAPD
Latest filing Jul 10, 2026
First filing on the tape Aug 4, 2024 · 6 filings
SEC status approved since Sep 3, 2024
RAUM
$185M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$185M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$46.2M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$185M as of Jul 10, 2026
Feb 11, 2025$114M then
HNW client RAUM$128M as of Jul 10, 2026
Feb 11, 2025$77.6M then
State-registered IARs (5.B.3)3 as of Jul 10, 2026
Feb 11, 20252 then
Employees (5.A)4 as of Jul 10, 2026
Feb 11, 20253 then
Private funds: no history
RAUM +62% over the last fiscal yearIARs 2 to 3
Practice profile
derived from the filing of Jul 10, 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
RAUM per advisor
$46.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
46derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.9MderivedHNW RAUM over HNW clients
Average account
$294,737derivedRAUM 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
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+62%derivedbetween the last two annual amendments
Advisor growth, one year
+50%derivedItem 5.B.3 between annual amendments
Client growth, one year
+25%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$128M69%
  • Individuals$56.8M31%
Individual clients
115reported
HNW clients
69reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
627reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
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
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Nicolas Dale DavisCertified Financial Planner, Chartered Financial ConsultantFrisco, TxMar 6, 201822 y1
Tori Christine Ten HagenFrisco, TxAug 2, 202211 y0
Andrew John BencivengaCertified Financial PlannerGreer, Sc Jul 15, 202513 y3
Nicholas Richard SimonsonCertified Financial PlannerMonona, Wi Jul 10, 202612 y2
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Dale Nicolas Davis · Managing Member/Ccocontrol
      since 01/2018 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Frisco, Tx · principal420
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • RAUM up 50 %Change between filings · filing Mar 25, 2026
      RAUM (Item 5.F) moved from $114,156,212 to $184,800,000 (+62.0%) between the annual amendments of 2025-03-21 and 2026-03-25; the peer median change was +15.0% (4551 comparable advisers, 97.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (4,551) · 97% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 468 to 627
      Nov 5, 2025 to Mar 25, 2026
    • Advisory employees · 2 to 3
      Nov 5, 2025 to Mar 25, 2026
    • HNW clients · 50 to 69
      Nov 5, 2025 to Mar 25, 2026
    • Individual clients · 97 to 115
      Nov 5, 2025 to Mar 25, 2026
    • Employees · 3 to 4
      Nov 5, 2025 to Mar 25, 2026
    • Financial planning clients · 11-25 to 26-50
      Nov 5, 2025 to Mar 25, 2026
    • State-registered IARs · 2 to 3
      Nov 5, 2025 to Mar 25, 2026
    • Discretionary RAUM · $114M to $185M
      Nov 5, 2025 to Mar 25, 2026
    • HNW RAUM · $77.6M to $128M
      Nov 5, 2025 to Mar 25, 2026
    • Individual RAUM · $36.6M to $56.8M
      Nov 5, 2025 to Mar 25, 2026
    • RAUM · $114M to $185M
      Nov 5, 2025 to Mar 25, 2026
    • Financial planning clients · 11-25 to 11-25
      Feb 11, 2025 to Mar 21, 2025
    • Accounts · 352 to 468
      Aug 4, 2024 to Feb 11, 2025
    • Advisory activities · 1 to 2
      Aug 4, 2024 to Feb 11, 2025
    • HNW clients · 34 to 50
      Aug 4, 2024 to Feb 11, 2025
    • Employees · 2 to 3
      Aug 4, 2024 to Feb 11, 2025
    • Discretionary RAUM · $101M to $114M
      Aug 4, 2024 to Feb 11, 2025
    • HNW RAUM · $55.6M to $77.6M
      Aug 4, 2024 to Feb 11, 2025
    • Individual RAUM · $44.9M to $36.6M
      Aug 4, 2024 to Feb 11, 2025
    • RAUM · $101M to $114M
      Aug 4, 2024 to Feb 11, 2025
    Signals
    1 dated events
    • Brindle & Bay Financial Advisors, Llc filed its initial SEC registration (Form ADV)
      Aug 4, 2024 · 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 phone
    214-988-9178reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    linkedin.com/company/brindle-bay-wealth-managementreportedpublic record, Form ADV, Sep 17, 2026
    Website
    brindleandbay.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    214-988-9178reportedpublic record, Form ADV, Jul 10, 2026
    Contact form
    brindleandbay.com/contact-usreportedpublished by the firm, firm site, Sep 16, 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
    $46.2Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026