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

Tandem Financial, LLC

Independent wealth managerGreenwood Village, ColoradoCRD 292565SEC 801-122130websiteIAPD
Latest filing Aug 4, 2026
First filing on the tape Feb 8, 2018 · 25 filings
SEC status approved since Aug 19, 2021
RAUM
$542M
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
92%
$499M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$90.3M
derived; firm RAUM over IAPD count
Employees
6
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$542M as of Aug 4, 2026
Mar 23, 2022$225M then
HNW client RAUM$409M as of Aug 4, 2026
Mar 23, 2022$143M then
State-registered IARs (5.B.3)6 as of Aug 4, 2026
Mar 23, 20223 then
Employees (5.A)6 as of Aug 4, 2026
Mar 23, 20226 then
Private funds: no history
RAUM +86% over the last fiscal year+35% a year over threeIARs 3 to 6
Practice profile
derived from the filing of Aug 4, 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
$90.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
75derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.0MderivedHNW RAUM over HNW clients
Average account
$385,361derivedRAUM over accounts (5.F.2.f)
Discretionary
95%derivedof RAUM
Institutional
7.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+86%derivedbetween the last two annual amendments
Advisor growth, one year
+100%derivedItem 5.B.3 between annual amendments
Client growth, one year
+43%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$144M, 320 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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$409M76%
  • Individuals$90.2M17%
  • Charitable organizations$40.4M7.4%
  • Corporations and businesses$1.3M0.2%
  • Pension and profit-sharing plans$823,6760.2%
Individual clients
312reported
HNW clients
135reported
Pension plan clients
1reported
Charitable clients
5reported
Accounts
1,406reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$144M for 320 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.92 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Michael Kevin FranklinGreenwood Village, CoMar 8, 201826 y3
Ryan Bradley EricksonCertified Financial PlannerGreenwood Village, CoMar 8, 201827 y2
Christopher Paul MeyerGreenwood Village, CoDec 3, 202512 y1
Lorie Chantelle JonesCertified Financial PlannerGreenwood Village, CoJul 8, 202610 y3
Thomas Stone BrownGreenwood Village, CoJul 13, 202612 y0
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
    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
      • Bradley Ryan Erickson · Member/Co-Ceocontrol
        since 03/2018 · owns 50% to 75%
      • Kevin Michael Franklin · Member/Co-Ceo, Chief Compliance Officercontrol
        since 03/2018 · 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
      OfficeAdvisorsJoinedLeftTeams outForming
      Greenwood Village, Co · principal630
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • HNW share shiftChange between filings · filing Mar 31, 2026
        HNW share of RAUM moved from 57.0% to 76.0% between the annual amendments of 2025-03-21 and 2026-03-31
        peers: independent wealth managers, $500M to $1B (1,483)
      • RAUM up 50 %Change between filings · filing Mar 31, 2026
        RAUM (Item 5.F) moved from $291,204,848 to $541,816,993 (+86.0%) between the annual amendments of 2025-03-21 and 2026-03-31; the peer median change was +16.0% (1386 comparable advisers, 97.0th percentile of changes)
        peers: independent wealth managers, $500M to $1B (1,386) · 97% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 997 to 1,406
        Dec 19, 2025 to Mar 31, 2026
      • Advisory employees · 3 to 6
        Dec 19, 2025 to Mar 31, 2026
      • Charity clients · unset to 5.0
        Dec 19, 2025 to Mar 31, 2026
      • Corporate clients · unset to 4.0
        Dec 19, 2025 to Mar 31, 2026
      • HNW clients · 70 to 135
        Dec 19, 2025 to Mar 31, 2026
      • Individual clients · 242 to 312
        Dec 19, 2025 to Mar 31, 2026
      • Pension plan clients · unset to 1.0
        Dec 19, 2025 to Mar 31, 2026
      • Pooled vehicle clients · unset to 0.0
        Dec 19, 2025 to Mar 31, 2026
      • Assets in custody · $63.9M to $144M
        Dec 19, 2025 to Mar 31, 2026
      • State-registered IARs · 3 to 6
        Dec 19, 2025 to Mar 31, 2026
      • Discretionary RAUM · $266M to $513M
        Dec 19, 2025 to Mar 31, 2026
      • HNW RAUM · $166M to $409M
        Dec 19, 2025 to Mar 31, 2026
      • Individual RAUM · $93.1M to $90.2M
        Dec 19, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $25.3M to $28.4M
        Dec 19, 2025 to Mar 31, 2026
      • Pension RAUM · $721,926 to $823,676
        Dec 19, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · unset to 0.0
        Dec 19, 2025 to Mar 31, 2026
      • RAUM · $291M to $542M
        Dec 19, 2025 to Mar 31, 2026
      • Accounts · 925 to 997
        Aug 1, 2024 to Mar 21, 2025
      • HNW clients · 71 to 70
        Aug 1, 2024 to Mar 21, 2025
      • Individual clients · 222 to 242
        Aug 1, 2024 to Mar 21, 2025
      • Assets in custody · $60.1M to $63.9M
        Aug 1, 2024 to Mar 21, 2025
      • Insurance-licensed employees · 1 to 0
        Aug 1, 2024 to Mar 21, 2025
      • Financial planning clients · 101-250 to 51-100
        Aug 1, 2024 to Mar 21, 2025
      • Discretionary RAUM · $233M to $266M
        Aug 1, 2024 to Mar 21, 2025
      • HNW RAUM · $157M to $166M
        Aug 1, 2024 to Mar 21, 2025
      • Individual RAUM · $72.0M to $93.1M
        Aug 1, 2024 to Mar 21, 2025
      • Non-discretionary RAUM · $21.9M to $25.3M
        Aug 1, 2024 to Mar 21, 2025
      • Pension RAUM · $633,732 to $721,926
        Aug 1, 2024 to Mar 21, 2025
      • RAUM · $255M to $291M
        Aug 1, 2024 to Mar 21, 2025
      • BD registered reps · 1 to 0
        Mar 27, 2024 to Aug 1, 2024
      • Accounts · 894 to 925
        Mar 29, 2023 to Mar 27, 2024
      • Charity clients · 1.0 to unset
        Mar 29, 2023 to Mar 27, 2024
      • Corporate clients · 3.0 to unset
        Mar 29, 2023 to Mar 27, 2024
      • HNW clients · 56 to 71
        Mar 29, 2023 to Mar 27, 2024
      • Individual clients · 228 to 222
        Mar 29, 2023 to Mar 27, 2024
      • Pension plan clients · 3.0 to unset
        Mar 29, 2023 to Mar 27, 2024
      • Assets in custody · $94.6M to $60.1M
        Mar 29, 2023 to Mar 27, 2024
      • Insurance-licensed employees · 0 to 1
        Mar 29, 2023 to Mar 27, 2024
      • Discretionary RAUM · $200M to $233M
        Mar 29, 2023 to Mar 27, 2024
      • HNW RAUM · $129M to $157M
        Mar 29, 2023 to Mar 27, 2024
      Signals
      3 dated events
      • Tandem Financial, Llc reported RAUM $541.8M, up 86% from $291.2M (2025-12-19 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • Bradley Ryan Erickson (Member/Co-Ceo) appeared on Schedule A of Tandem Financial, Llc
        Jul 20, 2021 · Control person joined · fact
      • Tandem Financial, Llc filed its initial SEC registration (Form ADV)
        Feb 8, 2018 · 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
      720-792-4512reportedpublished by the firm, firm site, Sep 16, 2026
      Firm profile
      linkedin.com/company/fearless-financial-advisorsreportedpublic record, Form ADV, Sep 17, 2026
      Firm profile
      linkedin.com/company/18513126/adminreportedpublic record, Form ADV, Sep 17, 2026
      Website
      meritorcapital.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      (720) 845-5700reportedpublic record, Form ADV, Aug 4, 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
      $90.3Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026