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

F••••• L••••• P•••••••

Independent wealth managerBentonville, ArkansasCRD 294277SEC 801-130790websiteIAPD
Legal name F•• W••••• M••••••••• L••
Latest filing Aug 14, 2026
First filing on the tape Jun 27, 2024 · 6 filings
SEC status approved since Jul 29, 2024
RAUM
$169M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
96%
$162M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$56.4M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$169M as of Aug 14, 2026
Feb 20, 2025$136M then
HNW client RAUM$67.8M as of Aug 14, 2026
Feb 20, 2025$76.5M then
State-registered IARs (5.B.3)3 as of Aug 14, 2026
Feb 20, 20253 then
Employees (5.A)3 as of Aug 14, 2026
Feb 20, 20253 then
Private funds: no history
RAUM +25% over the last fiscal yearIARs 3 to 3
Practice profile
derived from the filing of Aug 14, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
$56.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
109derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.1MderivedHNW RAUM over HNW clients
Average account
$202,324derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
4.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+25%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.9%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisers, educational seminarsreportedItem 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
  • is an insurance broker or agent (6.A.6)
  • has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$93.8M55%
  • High-net-worth individuals$67.8M40%
  • Pension and profit-sharing plans$7.0M4.1%
  • Corporations and businesses$534,1960.3%
Individual clients
294reported
HNW clients
33reported
Pension plan clients
13reported
Charitable clients
0reported
Accounts
836reported
Financial planning clients
251-500reported
Wrap fee programs
$0 sponsored, $32.8M managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.96 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D•••• C•••• W••••••Bentonville, ArJun 21, 201822 y1
F•••••••• W•••••• M•••••Lafayette, La Dec 17, 201814 y2
B•••• H••••• P••••••Bentonville, ArDec 1, 202319 y1
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • W••••••• D••••• C•••• · Managing Member And Chief Compliance Officercontrol
    since 02/2018 · 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
Bentonville, Ar · principal300
Offices
Schedule D 1.F, the 25 largest
  • Lafayette, LA1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • HNW share shiftChange between filings · filing Apr 7, 2026
    HNW share of RAUM moved from 56.0% to 40.0% between the annual amendments of 2025-02-20 and 2026-04-07
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 713 to 836
    Oct 7, 2025 to Feb 20, 2026
  • HNW clients · 35 to 33
    Oct 7, 2025 to Feb 20, 2026
  • Individual clients · 271 to 294
    Oct 7, 2025 to Feb 20, 2026
  • Pension plan clients · 18 to 13
    Oct 7, 2025 to Feb 20, 2026
  • Financial planning clients · 101-250 to 251-500
    Oct 7, 2025 to Feb 20, 2026
  • Discretionary RAUM · $132M to $166M
    Oct 7, 2025 to Feb 20, 2026
  • HNW RAUM · $76.5M to $67.8M
    Oct 7, 2025 to Feb 20, 2026
  • Individual RAUM · $52.7M to $93.8M
    Oct 7, 2025 to Feb 20, 2026
  • Non-discretionary RAUM · $3.6M to $2.7M
    Oct 7, 2025 to Feb 20, 2026
  • Pension RAUM · $6.0M to $7.0M
    Oct 7, 2025 to Feb 20, 2026
  • RAUM · $136M to $169M
    Oct 7, 2025 to Feb 20, 2026
  • Wrap assets (manager) · $136M to $32.8M
    Oct 7, 2025 to Feb 20, 2026
  • Accounts · 744 to 713
    Jun 27, 2024 to Feb 20, 2025
  • HNW clients · 32 to 35
    Jun 27, 2024 to Feb 20, 2025
  • Individual clients · 234 to 271
    Jun 27, 2024 to Feb 20, 2025
  • Pension plan clients · 15 to 18
    Jun 27, 2024 to Feb 20, 2025
  • Financial planning clients · 251-500 to 101-250
    Jun 27, 2024 to Feb 20, 2025
  • Discretionary RAUM · $105M to $132M
    Jun 27, 2024 to Feb 20, 2025
  • HNW RAUM · $52.1M to $76.5M
    Jun 27, 2024 to Feb 20, 2025
  • Individual RAUM · $50.5M to $52.7M
    Jun 27, 2024 to Feb 20, 2025
  • Non-discretionary RAUM · $7.0M to $3.6M
    Jun 27, 2024 to Feb 20, 2025
  • Pension RAUM · $9.2M to $6.0M
    Jun 27, 2024 to Feb 20, 2025
  • RAUM · $112M to $136M
    Jun 27, 2024 to Feb 20, 2025
  • Wrap assets (manager) · $105M to $136M
    Jun 27, 2024 to Feb 20, 2025
Signals
1 dated events
  • F••••• L••••• P••••••• filed its initial SEC registration (Form ADV)
    Jun 27, 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
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(479) 273-3040reportedpublic record, Form ADV, Aug 14, 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
$56.4Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026