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••••••• I•••••••• • C•

Independent wealth managerDowners Grove, IllinoisCRD 29449SEC 801-55072websiteIAPD
Legal name F••••••• I•••••••• • C••
Latest filing Sep 14, 2026
First filing on the tape Feb 24, 2012 · 27 filings
SEC status approved since Dec 1, 1997
RAUM
$2.0B
reported, Item 5.F
Discretionary
69%
of RAUM
Private clients
91%
$1.8B individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$398M
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
27 filings and snapshots on the tape
RAUM$1.7B as of Sep 16, 2025
Aug 29, 2012$1.5B then
HNW client RAUM$1.6B as of Sep 16, 2025
Sep 24, 2018$809M then
State-registered IARs (5.B.3)5 as of Sep 16, 2025
Aug 29, 20120 then
Employees (5.A)6 as of Sep 16, 2025
Aug 30, 20133 then
Private funds: no history
RAUM -25% over the last fiscal year-11% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Sep 14, 2026; every figure names its basis
Archetypes, each a printed rule
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
$398MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
36derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$10.1MderivedHNW RAUM over HNW clients
Average account
$10.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
69%derivedof RAUM
Institutional
1.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-43%derivedbetween the last two annual amendments
Advisor growth, one year
+25%derivedItem 5.B.3 between annual amendments
Client growth, one year
+9.0%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Custody
$559M, 51 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.8B91%
  • Corporations and businesses$150M7.5%
  • Charitable organizations$19.0M1.0%
  • Pension and profit-sharing plans$11.8M0.6%
Individual clients
0reported
HNW clients
179reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
190reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$559M for 51 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.91 fund_share=0.0 institutional_share=0.02 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
A••• M•••••• I••••••••Downers Grove, IlFeb 25, 199941 y0
T•••••• M• H•••Downers Grove, IlFeb 25, 199931 y0
M•••••• A•••••• I••••••••Certified Financial PlannerDowners Grove, IlMar 3, 202212 y0
M•••••• C••• H•••Certified Financial PlannerDowners Grove, IlMar 16, 202311 y0
A••••• E•••• L•• F••••••Downers Grove, IlMay 22, 202412 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
Left, latest
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • F••••••• W••••••• M••••• · Chairman & Chief Executive Officer & Chief Compliance Officercontrol
      since 09/1997 · owns less than 5%
    • I••••••••• A•••• M•••••• · President & Chief Operating Officercontrol
      since 09/1997 · owns less than 5%
    • F••••••• B••••••• A•• · Trusteecontrol
      since 12/2021 · owns F of B•••••• A• F•••••• R•••••••• T••••
    • F••••••• W••••••• M••••• · Trusteecontrol
      since 12/2021 · owns F of W•••••• M• F•••••• R•••••••• T••••
    • H•••• T••••••• M• · Trusteecontrol
      since 12/2021 · owns F of T•••••• M• H••• R•••••••• T••••
    • H•••• W••••• W• · Trusteecontrol
      since 12/2021 · owns F of W•••• H••• R•••••••• T••••
    • I••••••••• A•••• M•••••• · Trusteecontrol
      since 12/2021 · owns F of A••• M• I•••••••• L••••• T••••
    • I••••••••• K•••••• A• · Trusteecontrol
      since 12/2021 · owns F of K••••• A• I•••••••• L••••• T••••
    • H•••• T••••••• M• · Executive Vice President
      since 01/2001 · owns less than 5%
    • I••••••••• M••••••• A•••••• · Vice President And Shareholder
      since 01/2023 · owns 5% to 10%
    Entity owners
    • A••• M• I•••••••• L••••• T•••• · Shareholder
      direct · owns 10% to 25%
    • W•••••• M• F•••••• R•••••••• T•••• · Shareholder
      direct · owns 10% to 25%
    • B•••••• A• F•••••• R•••••••• T•••• · Non-Voting Shareholder
      direct · owns 10% to 25%
    • K••••• A• I•••••••• L••••• T•••• · Non-Voting Shareholder
      direct · owns 10% to 25%
    • T•••••• M• H••• R•••••••• T•••• · Shareholder
      direct · owns 5% to 10%
    • W•••• H••• R•••••••• T•••• · Non-Voting Shareholder
      direct · owns 5% to 10%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Downers Grove, Il · principal500
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    3 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing Sep 14, 2026
      H•••• W••••• W• (TRUSTEE) left Schedule A between the filings of 2023-06-01 and 2026-09-14
      peers: independent wealth managers, $1B to $5B (1,362)
    • control person changedChange between filings · filing Sep 14, 2026
      I••••••••• K•••••• A• (TRUSTEE) left Schedule A between the filings of 2023-06-01 and 2026-09-14
      peers: independent wealth managers, $1B to $5B (1,362)
    • control person changedChange between filings · filing Sep 14, 2026
      F••••••• B••••••• A•• (TRUSTEE) left Schedule A between the filings of 2023-06-01 and 2026-09-14
      peers: independent wealth managers, $1B to $5B (1,362)
    What changed
    consecutive filings, newest first
    • Accounts · 188 to 190
      Sep 16, 2025 to Sep 14, 2026
    • HNW clients · 177 to 179
      Sep 16, 2025 to Sep 14, 2026
    • Assets in custody · $374M to $559M
      Sep 16, 2025 to Sep 14, 2026
    • Financial planning clients · to unset
      Sep 16, 2025 to Sep 14, 2026
    • Discretionary RAUM · $1.2B to $1.4B
      Sep 16, 2025 to Sep 14, 2026
    • HNW RAUM · $1.6B to $1.8B
      Sep 16, 2025 to Sep 14, 2026
    • Non-discretionary RAUM · $521M to $613M
      Sep 16, 2025 to Sep 14, 2026
    • Pension RAUM · $10.0M to $11.8M
      Sep 16, 2025 to Sep 14, 2026
    • RAUM · $1.7B to $2.0B
      Sep 16, 2025 to Sep 14, 2026
    • Succession · false to unset
      Sep 16, 2025 to Sep 14, 2026
    • Accounts · 180 to 188
      Jan 2, 2025 to Sep 16, 2025
    • HNW clients · 169 to 177
      Jan 2, 2025 to Sep 16, 2025
    • Assets in custody · $236M to $374M
      Jan 2, 2025 to Sep 16, 2025
    • Discretionary RAUM · $1.1B to $1.2B
      Jan 2, 2025 to Sep 16, 2025
    • HNW RAUM · $1.4B to $1.6B
      Jan 2, 2025 to Sep 16, 2025
    • Non-discretionary RAUM · $464M to $521M
      Jan 2, 2025 to Sep 16, 2025
    • Pension RAUM · $12.4M to $10.0M
      Jan 2, 2025 to Sep 16, 2025
    • RAUM · $1.5B to $1.7B
      Jan 2, 2025 to Sep 16, 2025
    • Financial planning clients · unset to
      Sep 24, 2024 to Jan 2, 2025
    • Related insurance company · false to true
      Sep 24, 2024 to Jan 2, 2025
    • Accounts · 167 to 180
      Sep 18, 2023 to Sep 24, 2024
    • Advisory employees · 5 to 6
      Sep 18, 2023 to Sep 24, 2024
    • HNW clients · 155 to 169
      Sep 18, 2023 to Sep 24, 2024
    • Assets in custody · $227M to $236M
      Sep 18, 2023 to Sep 24, 2024
    • Employees · 5 to 6
      Sep 18, 2023 to Sep 24, 2024
    • State-registered IARs · 4 to 5
      Sep 18, 2023 to Sep 24, 2024
    • Discretionary RAUM · $831M to $1.1B
      Sep 18, 2023 to Sep 24, 2024
    • HNW RAUM · $1.1B to $1.4B
      Sep 18, 2023 to Sep 24, 2024
    • Non-discretionary RAUM · $1.8B to $464M
      Sep 18, 2023 to Sep 24, 2024
    • Pension RAUM · $10.9M to $12.4M
      Sep 18, 2023 to Sep 24, 2024
    • RAUM · $2.6B to $1.5B
      Sep 18, 2023 to Sep 24, 2024
    • Accounts · 172 to 167
      Jun 1, 2023 to Sep 18, 2023
    • Advisory employees · 4 to 5
      Jun 1, 2023 to Sep 18, 2023
    • HNW clients · 160 to 155
      Jun 1, 2023 to Sep 18, 2023
    • Assets in custody · $216M to $227M
      Jun 1, 2023 to Sep 18, 2023
    • Employees · 4 to 5
      Jun 1, 2023 to Sep 18, 2023
    • State-registered IARs · 3 to 4
      Jun 1, 2023 to Sep 18, 2023
    • Discretionary RAUM · $753M to $831M
      Jun 1, 2023 to Sep 18, 2023
    • HNW RAUM · $1.0B to $1.1B
      Jun 1, 2023 to Sep 18, 2023
    • Non-discretionary RAUM · $1.7B to $1.8B
      Jun 1, 2023 to Sep 18, 2023
    Signals
    4 dated events
    • F••••••• I•••••••• • C• reported RAUM $1.5B, down 43% from $2.6B (2023-09-18 to 2024-09-24)
      Sep 24, 2024 · RAUM change · derived
    • Ann B•••••• F•••••• (Trustee) appeared on Schedule A of F••••••• I•••••••• • C•
      Dec 17, 2021 · Control person joined · fact
    • A K••••• I•••••••• (Trustee) appeared on Schedule A of F••••••• I•••••••• • C•
      Dec 17, 2021 · Control person joined · fact
    • W W•••• H••• (Trustee) appeared on Schedule A of F••••••• I•••••••• • C•
      Dec 17, 2021 · Control person joined · 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 email
    j•••••••@f•••••••••.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    630-663-1800reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    630-663-9519reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    630-663-9572reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    F••••••I••••••••.COMreportedpublic record, Form ADV, Sep 19, 2026
    Principal office phone
    630-663-1800reportedpublic record, Form ADV, Sep 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
    $398Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026