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

S••••• S•••• I••••••••• M••••••••• L••

Former SEC-registered adviserHouston, TexasCRD 293992SEC 801-112973websiteIAPD
Latest filing Aug 25, 2025
First filing on the tape Mar 27, 2018 · 14 filings
SEC status approved since Apr 26, 2018
RAUM
$130M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
87%
$112M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$130M as of Aug 25, 2025
Mar 27, 2019$101M then
HNW client RAUM$82.9M as of Aug 25, 2025
Mar 27, 2019$5.2M then
State-registered IARs (5.B.3)2 as of Aug 25, 2025
Mar 27, 20192 then
Employees (5.A)3 as of Aug 25, 2025
Mar 27, 20192 then
Private funds: no history
RAUM +3.2% over the last fiscal year-6.1% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Aug 25, 2025; every figure names its basis
RAUM per advisor
$64.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
60derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.2MderivedHNW RAUM over HNW clients
Average account
$508,738derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
13%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+3.2%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-19%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$82.9M64%
  • Individuals$29.5M23%
  • Charitable organizations$15.8M12%
  • Pension and profit-sharing plans$771,2100.6%
  • State and municipal entities$499,3320.4%
  • Corporations and businesses$246,7000.2%
Individual clients
94reported
HNW clients
26reported
Pension plan clients
1reported
Charitable clients
3reported
Accounts
255reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $51.8M managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
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
3 left, 0 joined in 12 months
net -3 in 12 months0 left in 90 days0 joined in 90 days4 left over 36 months
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
  • B•••••• G••••••• C•••••• · Managing Director/Chief Compliance Officer/Sr. Portfolio Managercontrol
    since 01/2020 · owns less than 5%
  • B•••••• Z••••• C•••••• · Presidentcontrol
    since 12/2015 · owns 50% to 75%
  • S•••••• J•••• R•••••• · Chairman
    since 10/1982 · owns 50% to 75% of S••••• S•••• W••••• M•••••••••
Entity owners
  • S••••• S•••• W••••• M••••••••• · Related Advisor
    direct · owns 25% to 50%
Related persons
Schedule D 7.A
Advisers that list S••••• S•••• I••••••••• M••••••••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Houston, Tx · principal0021
Matthews, Nc001
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Financial planning clients · 0 to 0
    May 14, 2025 to Aug 25, 2025
  • Accounts · 324 to 255
    Mar 25, 2024 to Feb 27, 2025
  • Corporate clients · 3 to 1
    Mar 25, 2024 to Feb 27, 2025
  • HNW clients · 27 to 26
    Mar 25, 2024 to Feb 27, 2025
  • Individual clients · 121 to 94
    Mar 25, 2024 to Feb 27, 2025
  • Financial planning clients · 11-25 to 0
    Mar 25, 2024 to Feb 27, 2025
  • Discretionary RAUM · $126M to $130M
    Mar 25, 2024 to Feb 27, 2025
  • HNW RAUM · $38.1M to $82.9M
    Mar 25, 2024 to Feb 27, 2025
  • Individual RAUM · $31.0M to $29.5M
    Mar 25, 2024 to Feb 27, 2025
  • Pension RAUM · $661,897 to $771,210
    Mar 25, 2024 to Feb 27, 2025
  • RAUM · $126M to $130M
    Mar 25, 2024 to Feb 27, 2025
  • Wrap assets (manager) · $88.3M to $51.8M
    Mar 25, 2024 to Feb 27, 2025
  • Accounts · 310 to 324
    Mar 29, 2023 to Mar 25, 2024
  • Advisory employees · 3 to 2
    Mar 29, 2023 to Mar 25, 2024
  • Charity clients · 12 to 3
    Mar 29, 2023 to Mar 25, 2024
  • Corporate clients · 1 to 3
    Mar 29, 2023 to Mar 25, 2024
  • HNW clients · 75 to 27
    Mar 29, 2023 to Mar 25, 2024
  • Individual clients · 219 to 121
    Mar 29, 2023 to Mar 25, 2024
  • Pension plan clients · 2 to 1
    Mar 29, 2023 to Mar 25, 2024
  • Employees · 4 to 3
    Mar 29, 2023 to Mar 25, 2024
  • Financial planning clients · 1-10 to 11-25
    Mar 29, 2023 to Mar 25, 2024
  • State-registered IARs · 3 to 2
    Mar 29, 2023 to Mar 25, 2024
  • Discretionary RAUM · $121M to $126M
    Mar 29, 2023 to Mar 25, 2024
  • HNW RAUM · $74.2M to $38.1M
    Mar 29, 2023 to Mar 25, 2024
  • Individual RAUM · $31.9M to $31.0M
    Mar 29, 2023 to Mar 25, 2024
  • Non-discretionary RAUM · $41,619 to $0
    Mar 29, 2023 to Mar 25, 2024
  • Pension RAUM · $620,217 to $661,897
    Mar 29, 2023 to Mar 25, 2024
  • RAUM · $121M to $126M
    Mar 29, 2023 to Mar 25, 2024
  • Wrap assets (manager) · $97.9M to $88.3M
    Mar 29, 2023 to Mar 25, 2024
  • Accounts · 283 to 310
    May 25, 2022 to Mar 29, 2023
  • BD registered reps · 1 to 0
    May 25, 2022 to Mar 29, 2023
  • Charity clients · 3 to 12
    May 25, 2022 to Mar 29, 2023
  • Corporate clients · 2 to 1
    May 25, 2022 to Mar 29, 2023
  • HNW clients · 23 to 75
    May 25, 2022 to Mar 29, 2023
  • Individual clients · 122 to 219
    May 25, 2022 to Mar 29, 2023
  • Pension plan clients · unset to 2.0
    May 25, 2022 to Mar 29, 2023
  • State-registered IARs · 4 to 3
    May 25, 2022 to Mar 29, 2023
  • Discretionary RAUM · $157M to $121M
    May 25, 2022 to Mar 29, 2023
  • HNW RAUM · $98.8M to $74.2M
    May 25, 2022 to Mar 29, 2023
  • Individual RAUM · $43.3M to $31.9M
    May 25, 2022 to Mar 29, 2023
Signals
9 dated events
  • S••••• S•••• I••••••••• M••••••••• L•• no longer on the SEC adviser roster (last listed 2026-03-02, RAUM $129.7M)
    Apr 1, 2026 · Left the SEC roster · derived
  • E••• S••••• T••••• left S••••• S•••• I••••••••• M••••••••• L•• for P•• A•••• M••••••••• C••• (registered 2026-05-06)
    Mar 31, 2026 · Advisor changed firm · fact
  • Z•••• C•••••• B••••• left S••••• S•••• I••••••••• M••••••••• L•• for P•• A•••• M••••••••• C••• (registered 2026-03-31)
    Mar 31, 2026 · Advisor changed firm · fact
  • G•••••• C•••••• B••••• left S••••• S•••• I••••••••• M••••••••• L•• for P•• A•••• M••••••••• C••• (registered 2025-01-08)
    Mar 31, 2026 · Advisor changed firm · fact
  • 2 advisors left S••••• S•••• I••••••••• M••••••••• L•• (Houston, TX) for P•• A•••• M••••••••• C••• on the same day
    Mar 31, 2026 · Team lift-out · derived
  • K••• M••••• F•••• left S••••• S•••• I••••••••• M••••••••• L•• for S••••••• F••••••••• L••• C•• (registered 2024-02-15)
    Feb 21, 2024 · Advisor changed firm · fact
  • H••••• A•••••• H••••• (Chief Compliance Officer) no longer on Schedule A of S••••• S•••• I••••••••• M••••••••• L•• (listed 2019-03-27, absent 2020-03-24)
    Mar 24, 2020 · Control person left · inference
  • C•••••• G•••••• B••••• (Chief Compliance Officer) appeared on Schedule A of S••••• S•••• I••••••••• M••••••••• L••
    Mar 24, 2020 · Control person joined · fact
  • S••••• S•••• I••••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
    Mar 27, 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