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
Simplified Wealth Management
Legal name Simplified Wealth Management, LLC
Latest filing Feb 16, 2026
First filing on the tape Mar 21, 2022 · 9 filings
SEC status approved since Apr 21, 2022
RAUM
$226M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$220M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$32.2M
derived; firm RAUM over IAPD count
Employees
9
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$226M as of Feb 16, 2026
Mar 22, 2023$121M then
HNW client RAUM$146M as of Feb 16, 2026
Mar 22, 2023$27.7M then
State-registered IARs (5.B.3)7 as of Feb 16, 2026
Mar 22, 20235 then
Employees (5.A)9 as of Feb 16, 2026
Mar 22, 20236 then
Private funds: no history
RAUM +26% over the last fiscal year+23% a year over threeIARs 5 to 7
Practice profile
derived from the filing of Feb 16, 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
- $32.2MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 101derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.6MderivedHNW RAUM over HNW clients
- Average account
- $137,356derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 1.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 7.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +26%derivedbetween the last two annual amendments
- Advisor growth, one year
- +40%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +4.6%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individualsreportedItem 5.G
- Custody
- $49.9M, 372 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)
- 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$146M65%
- Individuals$73.6M33%
- Pension and profit-sharing plans$3.9M1.7%
- Corporations and businesses$2.1M0.9%
- Individual clients
- 616reported
- HNW clients
- 91reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1,642reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $49.9M for 372 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.97 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Thomas Andrew Ricks | Hattiesburg, Ms | Jul 30, 2018 | 11 y | 2 |
| Kevin Andrew Mccormick | Hattiesburg, Ms | Aug 2, 2018 | 18 y | 2 |
| James Floyd Garraway | Hattiesburg, Ms | Feb 16, 2022 | 12 y | 0 |
| James Ray Carpenter | Hattiesburg, Ms | Jan 1, 2025 | 24 y | 1 |
| Ahmed Kamal Abouzaid | Hattiesburg, Ms | Sep 16, 2025 | 11 y | 0 |
| Kali Nevaeh Plunket | Hattiesburg, Ms | Oct 27, 2025 | 10 y | 0 |
| Mark Douglas Creel | Hattiesburg, Ms | Oct 30, 2025 | 34 y | 3 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Paul Douglas Roller to Woodbury Financial Services, Inc.Feb 28, 2023 · RIA to affiliated broker-dealer or bank
Joined, latest
- Mark Douglas Creel from LPL Financial LLCOct 30, 2025 · Affiliated broker-dealer or bank to independent RIA
- James Ray Carpenter from LPL Financial LLCJan 1, 2025 · Affiliated broker-dealer or bank to independent RIA
- Kevin Andrew Mccormick from LPL Financial LLCAug 2, 2018 · RIA to RIA
- Thomas Andrew Ricks from LPL Financial LLCJul 30, 2018 · RIA to RIA
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from LPL Financial LLCJul 27, 2018 · Purvis, Ms
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Andrew Kevin Mccormick · Managing Principal / Ccocontrolsince 06/2018 · owns 75% or more
Related persons
Schedule D 7.A
- James Ray Carpenter IIIreal estaten
- Kevin Mccormickreal estaten
- Paul Rollerreal estaten
- Thomas Andrew Ricksreal estaten
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Hattiesburg, Ms · principal | 7 | 2 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,451 to 1,642Aug 13, 2025 to Feb 16, 2026
- Advisory employees · 5 to 7Aug 13, 2025 to Feb 16, 2026
- HNW clients · 81 to 91Aug 13, 2025 to Feb 16, 2026
- Individual clients · 595 to 616Aug 13, 2025 to Feb 16, 2026
- Assets in custody · $45.0M to $49.9MAug 13, 2025 to Feb 16, 2026
- Employees · 7 to 9Aug 13, 2025 to Feb 16, 2026
- State-registered IARs · 5 to 7Aug 13, 2025 to Feb 16, 2026
- Discretionary RAUM · $179M to $226MAug 13, 2025 to Feb 16, 2026
- HNW RAUM · $119M to $146MAug 13, 2025 to Feb 16, 2026
- Individual RAUM · $54.9M to $73.6MAug 13, 2025 to Feb 16, 2026
- Pension RAUM · $3.9M to $3.9MAug 13, 2025 to Feb 16, 2026
- RAUM · $179M to $226MAug 13, 2025 to Feb 16, 2026
- Accounts · 1,444 to 1,451Feb 22, 2024 to Jan 23, 2025
- Advisory activities · 2 to 1Feb 22, 2024 to Jan 23, 2025
- Corporate clients · unset to 5.0Feb 22, 2024 to Jan 23, 2025
- HNW clients · 73 to 81Feb 22, 2024 to Jan 23, 2025
- Individual clients · 553 to 595Feb 22, 2024 to Jan 23, 2025
- Assets in custody · $34.2M to $45.0MFeb 22, 2024 to Jan 23, 2025
- Financial planning clients · 0 to Feb 22, 2024 to Jan 23, 2025
- Discretionary RAUM · $156M to $179MFeb 22, 2024 to Jan 23, 2025
- HNW RAUM · $93.5M to $119MFeb 22, 2024 to Jan 23, 2025
- Individual RAUM · $59.6M to $54.9MFeb 22, 2024 to Jan 23, 2025
- Pension RAUM · $3.4M to $3.9MFeb 22, 2024 to Jan 23, 2025
- RAUM · $156M to $179MFeb 22, 2024 to Jan 23, 2025
- Accounts · 1,338 to 1,444Jul 18, 2023 to Feb 22, 2024
- Advisory activities · 1 to 2Jul 18, 2023 to Feb 22, 2024
- HNW clients · 15 to 73Jul 18, 2023 to Feb 22, 2024
- Individual clients · 812 to 553Jul 18, 2023 to Feb 22, 2024
- Assets in custody · $25.5M to $34.2MJul 18, 2023 to Feb 22, 2024
- Employees · 6 to 7Jul 18, 2023 to Feb 22, 2024
- Financial planning clients · unset to 0Jul 18, 2023 to Feb 22, 2024
- Discretionary RAUM · $121M to $156MJul 18, 2023 to Feb 22, 2024
- HNW RAUM · $27.7M to $93.5MJul 18, 2023 to Feb 22, 2024
- Individual RAUM · $84.4M to $59.6MJul 18, 2023 to Feb 22, 2024
- Pension RAUM · $8.9M to $3.4MJul 18, 2023 to Feb 22, 2024
- RAUM · $121M to $156MJul 18, 2023 to Feb 22, 2024
- Wrap assets (manager) · 0.0 to unsetJul 18, 2023 to Feb 22, 2024
- Wrap assets (sponsor) · 0.0 to unsetJul 18, 2023 to Feb 22, 2024
- Other offices · 1 to 0Mar 22, 2023 to Jul 18, 2023
- Accounts · 1,080 to 1,338Jan 11, 2023 to Mar 22, 2023
Signals
2 dated events
- Paul Douglas Roller left Simplified Wealth Management for Woodbury Financial Services, Inc. (registered 2023-06-06)Feb 28, 2023 · Advisor changed firm · fact
- Simplified Wealth Management filed its initial SEC registration (Form ADV)Mar 21, 2022 · 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 email
- admin@myswm.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- andy@myswm.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- jimmy@myswm.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- trey@myswm.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 601-336-4265reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 888-918-4102reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- MYSWM.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 601-336-4265reportedpublic record, Form ADV, Feb 16, 2026
- Contact form
- mysimplifiedwealth.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
- Team page
- mysimplifiedwealth.com/teamreportedpublished by the firm, firm site, Sep 16, 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
- $32.2Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026