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
M••••• B•••• F••••• W••••• L••
Latest filing May 12, 2026
First filing on the tape Jan 25, 2018 · 33 filings
SEC status approved since Feb 23, 2018
RAUM
$483M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$478M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$69.1M
derived; firm RAUM over IAPD count
Employees
10
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$483M as of May 12, 2026
Mar 24, 2019$112M then
HNW client RAUM$417M as of May 12, 2026
Mar 24, 2019$98.2M then
State-registered IARs (5.B.3)6 as of May 12, 2026
Mar 24, 20192 then
Employees (5.A)10 as of May 12, 2026
Mar 24, 20195 then
Private funds: no history
RAUM +21% over the last fiscal year+23% a year over threeIARs 5 to 6
Practice profile
derived from the filing of May 12, 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
- $69.1MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 39derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.3MderivedHNW RAUM over HNW clients
- Average account
- $1.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.4derivedItem 5.A over advisors
- Advisors per office
- 7.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +21%derivedbetween the last two annual amendments
- Advisor growth, one year
- +20%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +5.0%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Custody
- $81.0M, 70 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
- is an insurance broker or agent (6.A.6)
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$417M86%
- Individuals$61.5M13%
- Corporations and businesses$5.1M1.1%
- Individual clients
- 147reported
- HNW clients
- 125reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 275reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- $81.0M for 70 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| K•••••• M•••• B••••Certified Financial Planner, Chartered Financial Consultant | Allentown, Pa | Apr 24, 2018 | 23 y | 1 |
| D••••• C•••••• M•••••Certified Financial Planner, Chartered Financial Consultant | Allentown, Pa | Apr 25, 2018 | 20 y | 2 |
| C••• R••• D•••••Certified Financial Planner | Allentown, Pa | Mar 31, 2020 | 12 y | 3 |
| J••••••• D•••• K•••••••••Certified Financial Planner | Allentown, Pa | May 18, 2022 | 10 y | 4 |
| J•••• N•••••••• | Allentown, Pa | Dec 10, 2025 | 11 y | 1 |
| C•••••••• R•••••• G••••• | Allentown, Pa | Jan 6, 2026 | 10 y | 0 |
| A••••• E•••• | Allentown, Pa | May 21, 2026 | 12 y | 0 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- S••• A•••••• R••• to C••••••••• F•••••••• N••••••Aug 26, 2025 · RIA to affiliated broker-dealer or bank
Joined, latest
- J•••• N•••••••• from A• B••••• W•• F••••••••• L••Dec 10, 2025 · RIA to RIA
- S••• A•••••• R••• from C•••••••Nov 15, 2023 · Other
- J••••••• D•••• K••••••••• from C••••••••• F•••••••• N••••••May 18, 2022 · Affiliated broker-dealer or bank to independent RIA
- C••• R••• D••••• from J••••• M••••••••• S•••• L••Mar 31, 2020 · Affiliated broker-dealer or bank to independent RIA
- D••••• C•••••• M••••• from C••••••• P•••••••• L••Apr 25, 2018 · RIA to a newly registered adviser
- K•••••• M•••• B•••• from C••••••• P•••••••• L••Apr 24, 2018 · RIA to a newly registered adviser
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from C••••••• P•••••••• L••Apr 30, 2018 · Bethlehem, Pa
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- B••••• K••••••• M•••• · Managing Member, Partner, Financial Advisor And Chief Compliance Officercontrolsince 01/2018 · owns 50% to 75%
- M•••••• D•••••• C•••••• · Managing Member, Partner, Financial Advisorcontrolsince 01/2018 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Allentown, Pa · principal | 7 | 3 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- account count collapseChange between filings · filing Mar 19, 2026accounts (Item 5.F.2.f) moved from 897.0 to 275.0 (-69.0%) between the annual amendments of 2025-02-19 and 2026-03-19; the peer median change was +5.0% (3687 comparable advisers, 1.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,687) · 1.0% percentile
What changed
consecutive filings, newest first
- Accounts · 897 to 275Jan 22, 2026 to Mar 19, 2026
- Advisory employees · 4 to 5Jan 22, 2026 to Mar 19, 2026
- HNW clients · 110 to 125Jan 22, 2026 to Mar 19, 2026
- Individual clients · 149 to 147Jan 22, 2026 to Mar 19, 2026
- Assets in custody · $77.4M to $81.0MJan 22, 2026 to Mar 19, 2026
- Employees · 8 to 10Jan 22, 2026 to Mar 19, 2026
- State-registered IARs · 4 to 6Jan 22, 2026 to Mar 19, 2026
- Discretionary RAUM · $399M to $483MJan 22, 2026 to Mar 19, 2026
- HNW RAUM · $339M to $417MJan 22, 2026 to Mar 19, 2026
- Individual RAUM · $54.2M to $61.5MJan 22, 2026 to Mar 19, 2026
- RAUM · $399M to $483MJan 22, 2026 to Mar 19, 2026
- Advisory employees · 5 to 4Jul 14, 2025 to Aug 27, 2025
- Employees · 9 to 8Jul 14, 2025 to Aug 27, 2025
- State-registered IARs · 5 to 4Jul 14, 2025 to Aug 27, 2025
- Financial planning clients · 101-250 to 101-250Feb 19, 2025 to Jul 14, 2025
- Accounts · 762 to 897Jun 24, 2024 to Feb 19, 2025
- Corporate clients · 7.0 to unsetJun 24, 2024 to Feb 19, 2025
- HNW clients · 95 to 110Jun 24, 2024 to Feb 19, 2025
- Individual clients · 131 to 149Jun 24, 2024 to Feb 19, 2025
- Assets in custody · $64.1M to $77.4MJun 24, 2024 to Feb 19, 2025
- Discretionary RAUM · $318M to $399MJun 24, 2024 to Feb 19, 2025
- HNW RAUM · $260M to $339MJun 24, 2024 to Feb 19, 2025
- Individual RAUM · $48.5M to $54.2MJun 24, 2024 to Feb 19, 2025
- RAUM · $318M to $399MJun 24, 2024 to Feb 19, 2025
- Employees · 8 to 9Nov 13, 2023 to Mar 20, 2024
- Accounts · 621 to 762Nov 13, 2023 to Mar 20, 2024
- Advisory employees · 4 to 5Nov 13, 2023 to Mar 20, 2024
- Corporate clients · 6 to 7Nov 13, 2023 to Mar 20, 2024
- HNW clients · 85 to 95Nov 13, 2023 to Mar 20, 2024
- Individual clients · 106 to 131Nov 13, 2023 to Mar 20, 2024
- Assets in custody · $42.7M to $64.1MNov 13, 2023 to Mar 20, 2024
- State-registered IARs · 4 to 5Nov 13, 2023 to Mar 20, 2024
- Discretionary RAUM · $262M to $318MNov 13, 2023 to Mar 20, 2024
- HNW RAUM · $221M to $260MNov 13, 2023 to Mar 20, 2024
- Individual RAUM · $34.6M to $48.5MNov 13, 2023 to Mar 20, 2024
- RAUM · $262M to $318MNov 13, 2023 to Mar 20, 2024
- Accounts · 538 to 621Oct 27, 2022 to Mar 15, 2023
- Advisory employees · 3 to 4Oct 27, 2022 to Mar 15, 2023
- Corporate clients · unset to 6.0Oct 27, 2022 to Mar 15, 2023
- HNW clients · 75 to 85Oct 27, 2022 to Mar 15, 2023
Signals
2 dated events
- S••• A•••••• R••• left M••••• B•••• F••••• W••••• L•• for C••••••••• F•••••••• N•••••• (registered 2025-08-29)Aug 26, 2025 · Advisor changed firm · fact
- M••••• • B•••• filed its initial SEC registration (Form ADV)Jan 25, 2018 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- M••••• B•••• F••••• W••••• L•• · Family Officesshared crd · office
How to reach
public business contact points only, each with its source
- Business phone
- 610-709-5072reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 610-709-5073reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/M•••••-B••••-FAMILY-WEALTHreportedpublic record, Form ADV, Sep 18, 2026
- Website
- M•••••B••••FW.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 610-709-5072reportedpublic record, Form ADV, May 12, 2026
- Contact form
- mortonbrownfw.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- mortonbrownfw.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
- $69.1Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026