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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Former SEC-registered adviser

R••• H•••• F••••••••

Former SEC-registered adviserFarmington, UtahCRD 293909SEC 801-113752IAPD
Legal name R• A•••••••• L••
Latest filing Jun 6, 2024
First filing on the tape Jun 29, 2018 · 35 filings
RAUM
$215M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$204M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
10
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$215M as of Mar 22, 2024
Mar 25, 2019$115M then
HNW client RAUM$109M as of Mar 22, 2024
Mar 25, 2019$28.3M then
State-registered IARs (5.B.3)5 as of Mar 22, 2024
Mar 25, 20191 then
Employees (5.A)9 as of Mar 22, 2024
Mar 25, 20191 then
Private funds: no history
RAUM +20% over the last fiscal year+11% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Jun 6, 2024; every figure names its basis
RAUM per advisor
$35.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
77derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$176,753derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+20%derivedbetween the last two annual amendments
Advisor growth, one year
-17%derivedItem 5.B.3 between annual amendments
Client growth, one year
+5.5%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, otherreportedItem 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
  • 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$109M51%
  • Individuals$95.3M44%
  • Corporations and businesses$8.6M4.0%
  • Charitable organizations$1.1M0.5%
  • Pension and profit-sharing plans$906,4020.4%
Individual clients
412reported
HNW clients
50reported
Pension plan clients
1reported
Charitable clients
1reported
Accounts
1,216reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
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
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • A•••••• R•••••• P••• · Managing Membercontrol
    since 01/2018 · owns 75% or more
  • R••••••• N•••••• L••••• · Chief Compliance Officercontrol
    since 11/2020 · owns 10% to 25%
  • N•••••• Z••••••• P•••• · Owner/Financial Advisor
    since 05/2019 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Advisers that list R••• H•••• F•••••••• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Farmington, Ut · principal000
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Advisory employees · 5 to 6
    Apr 17, 2024 to Jun 6, 2024
  • Employees · 9 to 10
    Apr 17, 2024 to Jun 6, 2024
  • State-registered IARs · 5 to 6
    Apr 17, 2024 to Jun 6, 2024
  • Advisory employees · 6 to 5
    Apr 5, 2024 to Apr 17, 2024
  • Employees · 10 to 9
    Apr 5, 2024 to Apr 17, 2024
  • State-registered IARs · 6 to 5
    Apr 5, 2024 to Apr 17, 2024
  • Advisory employees · 5 to 6
    Mar 22, 2024 to Apr 5, 2024
  • Employees · 9 to 10
    Mar 22, 2024 to Apr 5, 2024
  • State-registered IARs · 5 to 6
    Mar 22, 2024 to Apr 5, 2024
  • Accounts · 1,098 to 1,216
    Dec 14, 2023 to Mar 22, 2024
  • Advisory activities · 3 to 4
    Dec 14, 2023 to Mar 22, 2024
  • Charity clients · 3 to 1
    Dec 14, 2023 to Mar 22, 2024
  • Corporate clients · 8 to 7
    Dec 14, 2023 to Mar 22, 2024
  • HNW clients · 35 to 50
    Dec 14, 2023 to Mar 22, 2024
  • Individual clients · 403 to 412
    Dec 14, 2023 to Mar 22, 2024
  • Pension plan clients · 2 to 1
    Dec 14, 2023 to Mar 22, 2024
  • Discretionary RAUM · $180M to $215M
    Dec 14, 2023 to Mar 22, 2024
  • HNW RAUM · $80.0M to $109M
    Dec 14, 2023 to Mar 22, 2024
  • Individual RAUM · $85.8M to $95.3M
    Dec 14, 2023 to Mar 22, 2024
  • Pension RAUM · $768,824 to $906,402
    Dec 14, 2023 to Mar 22, 2024
  • RAUM · $180M to $215M
    Dec 14, 2023 to Mar 22, 2024
  • Advisory employees · 7 to 5
    Aug 28, 2023 to Dec 14, 2023
  • Employees · 11 to 9
    Aug 28, 2023 to Dec 14, 2023
  • State-registered IARs · 7 to 5
    Aug 28, 2023 to Dec 14, 2023
  • Advisory employees · 6 to 7
    Jan 30, 2023 to Apr 4, 2023
  • Employees · 10 to 11
    Jan 30, 2023 to Apr 4, 2023
  • State-registered IARs · 6 to 7
    Jan 30, 2023 to Apr 4, 2023
  • Accounts · 1,042 to 1,098
    Sep 27, 2022 to Jan 30, 2023
  • Corporate clients · 43 to 8
    Sep 27, 2022 to Jan 30, 2023
  • HNW clients · 4 to 35
    Sep 27, 2022 to Jan 30, 2023
  • Individual clients · 378 to 403
    Sep 27, 2022 to Jan 30, 2023
  • Pension plan clients · 17 to 2
    Sep 27, 2022 to Jan 30, 2023
  • Discretionary RAUM · $170M to $180M
    Sep 27, 2022 to Jan 30, 2023
  • HNW RAUM · $27.3M to $80.0M
    Sep 27, 2022 to Jan 30, 2023
  • Individual RAUM · $120M to $85.8M
    Sep 27, 2022 to Jan 30, 2023
  • Non-discretionary RAUM · $31.0M to $0
    Sep 27, 2022 to Jan 30, 2023
  • Pension RAUM · $31.0M to $768,824
    Sep 27, 2022 to Jan 30, 2023
  • RAUM · $201M to $180M
    Sep 27, 2022 to Jan 30, 2023
  • Advisory employees · 5 to 6
    Jun 22, 2022 to Jul 29, 2022
  • Employees · 9 to 10
    Jun 22, 2022 to Jul 29, 2022
Signals
12 dated events
  • N••••• L••••• R•••••• left R••• H•••• F•••••••• for W••••• E••••••••• A••••••• S•••••••• L•• (registered 2024-07-01)
    Jul 3, 2024 · Advisor changed firm · fact
  • Z•••••• P•••• N••••• left R••• H•••• F•••••••• for W••••• E••••••••• A••••••• S•••••••• L•• (registered 2024-07-01)
    Jul 3, 2024 · Advisor changed firm · fact
  • R••••• P••• A••••• left R••• H•••• F•••••••• for W••••• E••••••••• A••••••• S•••••••• L•• (registered 2024-07-01)
    Jul 3, 2024 · Advisor changed firm · fact
  • A•••••• L••• M••••• D• O•• left R••• H•••• F•••••••• for W••••• E••••••••• A••••••• S•••••••• L•• (registered 2024-07-01)
    Jul 3, 2024 · Advisor changed firm · fact
  • R•••• J• S••••••• left R••• H•••• F•••••••• for W••••• E••••••••• A••••••• S•••••••• L•• (registered 2024-07-01)
    Jul 3, 2024 · Advisor changed firm · fact
  • M•• H•••• H•••• left R••• H•••• F•••••••• for W••••• E••••••••• A••••••• S•••••••• L•• (registered 2024-07-01)
    Jul 3, 2024 · Advisor changed firm · fact
  • R••• H•••• F••••••••'s advisors moved to W••••• E••••••••• A••••••• S•••••••• L•• (Farmington, UT): 6 of 6 registered, on the same day
    Jul 3, 2024 · Firm absorbed (people side) · derived
  • R••• J•••• A••••••• left R••• H•••• F•••••••• for C•••• A••••••• (registered 2024-10-15)
    Apr 17, 2024 · Advisor changed firm · fact
  • J•••••• H••••• left R••• H•••• F•••••••• for A••••••••• F•••••••• S•••••••• L•• (registered 2024-09-16)
    Dec 14, 2023 · Advisor changed firm · fact
  • L••••• N••••• R•••••• (Chief Compliance Officer) appeared on Schedule A of R••• H•••• F••••••••
    Nov 30, 2020 · Control person joined · fact
  • D•••• K••• W•••••• (Chief Compliance Officer) no longer on Schedule A of R••• H•••• F•••••••• (listed 2020-08-19, absent 2020-11-30)
    Nov 30, 2020 · Control person left · inference
  • R• A•••••••• L•• filed its initial SEC registration (Form ADV)
    Jun 29, 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.
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