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
H•••• • G••••• W••••• M••••••••• L••
Latest filing Mar 19, 2026
First filing on the tape May 25, 2018 · 24 filings
SEC status approved since Jun 27, 2018
RAUM
$920M
reported, Item 5.F
Discretionary
91%
of RAUM
Private clients
92%
$851M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$230M
derived; firm RAUM over IAPD count
Employees
10
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$920M as of Mar 19, 2026
Feb 11, 2019$313M then
HNW client RAUM$537M as of Mar 19, 2026
Feb 11, 2019$120M then
State-registered IARs (5.B.3)4 as of Mar 19, 2026
Feb 11, 20193 then
Employees (5.A)10 as of Mar 19, 2026
Feb 11, 20193 then
Private funds: no history
RAUM +16% over the last fiscal year+17% a year over threeIARs 3 to 4
Practice profile
derived from the filing of Mar 19, 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
- $230MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 325derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.5MderivedHNW RAUM over HNW clients
- Average account
- $267,306derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 91%derivedof RAUM
- Institutional
- 7.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.5derivedItem 5.A over advisors
- Advisors per office
- 2.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +16%derivedbetween the last two annual amendments
- Advisor growth, one year
- +33%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +9.8%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$537M58%
- Individuals$314M34%
- Pension and profit-sharing plans$68.1M7.4%
- Charitable organizations$955,5220.1%
- Individual clients
- 1,082reported
- HNW clients
- 217reported
- Pension plan clients
- 12reported
- Charitable clients
- n/areported
- Accounts
- 3,442reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.92 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| J••••••• L•••• G••••••••• | Portland, Or | Jun 29, 2018 | 25 y | 2 |
| C•••• E••••• C••••••••Certified Financial Planner, Chartered Financial Consultant | Portland, Or | Jun 29, 2018 | 23 y | 2 |
| E••••• E••••• T••••Chartered Financial Consultant | Portland, Or | Dec 20, 2019 | 37 y | 0 |
| R•••••• E•••••• P•••••••Certified Financial Planner | Portland, Or | Mar 19, 2026 | 10 y | 0 |
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 headcount2 left over 36 months
Left, latest
- M•••• M•••••••• R••••••••• to A••••• F•••••••• A•••••••• L••Feb 1, 2024 · RIA to RIA
- P•••••• A• Y••••••••• to E•••••••• W••••• M•••••••••Sep 19, 2023 · RIA to RIA
Joined, latest
- P•••••• A• Y••••••••• from M••••• S••••••Mar 2, 2021 · Wirehouse to independent RIA
- J••••••• L•••• G••••••••• from C•• F•••••••• S•••••••Jun 29, 2018 · RIA to a newly registered adviser
- M•••• M•••••••• R••••••••• from C•• F•••••••• S•••••••Jun 29, 2018 · RIA to a newly registered adviser
- C•••• E••••• C•••••••• from C•• F•••••••• S•••••••Jun 29, 2018 · RIA to a newly registered adviser
Teams: two or more advisors moving together within fourteen days, from one state
- 3 joined from C•• F•••••••• S•••••••Oct 5, 2018 · Lake Oswego, Or · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- C••••••••• C••••• E••••• · Founding Partner / Chief Compliance Officercontrolsince 05/2018 · owns less than 5%
- G••••••••• J•••••••• L•••• · Managing Partner / Founding Partnercontrolsince 05/2018 · owns 75% or more
- C••••••••• C••••• E••••• · Owner/Trusteecontrolsince 05/2007 · owns 50% to 75% of T•• C•••• A•• M•••• C•••••••• R•••••••• L••••• T••••• D•••• 5•••••
- C••••••••• M••••••• · Owner/Trusteesince 05/2007 · owns 50% to 75% of T•• C•••• A•• M•••• C•••••••• R•••••••• L••••• T••••• D•••• 5•••••
Entity owners
- T•• C•••• A•• M•••• C•••••••• R•••••••• L••••• T••••• D•••• 5••••• · Ownerdirect · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Portland, Or · principal | 4 | 1 | 0 | ||
| Tujunga, Ca | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- The Dalles, OR2 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- unusually high clients per advisorStatic outlier · filing Mar 19, 2026private clients per advisor of 324.8 against a peer median of 63.6 (1210 comparable advisers, 99.0th percentile, 7.0 robust deviations)peers: independent wealth managers, $500M to $1B (1,210) · 99% percentile
- account count surgeChange between filings · filing Mar 19, 2026accounts (Item 5.F.2.f) moved from 1,207.0 to 3,442.0 (+185.0%) between the annual amendments of 2025-03-14 and 2026-03-19; the peer median change was +6.0% (1256 comparable advisers, 99.0th percentile of changes)peers: independent wealth managers, $500M to $1B (1,256) · 99% percentile
What changed
consecutive filings, newest first
- Accounts · 1,207 to 3,442Dec 1, 2025 to Mar 19, 2026
- Advisory employees · 3 to 4Dec 1, 2025 to Mar 19, 2026
- Charity clients · 5.0 to unsetDec 1, 2025 to Mar 19, 2026
- HNW clients · 1,100 to 217Dec 1, 2025 to Mar 19, 2026
- Individual clients · 83 to 1,082Dec 1, 2025 to Mar 19, 2026
- Pension plan clients · 19 to 12Dec 1, 2025 to Mar 19, 2026
- Employees · 8 to 10Dec 1, 2025 to Mar 19, 2026
- State-registered IARs · 3 to 4Dec 1, 2025 to Mar 19, 2026
- Discretionary RAUM · $731M to $839MDec 1, 2025 to Mar 19, 2026
- HNW RAUM · $446M to $537MDec 1, 2025 to Mar 19, 2026
- Individual RAUM · $286M to $314MDec 1, 2025 to Mar 19, 2026
- Non-discretionary RAUM · $65.7M to $80.7MDec 1, 2025 to Mar 19, 2026
- Pension RAUM · $62.1M to $68.1MDec 1, 2025 to Mar 19, 2026
- RAUM · $797M to $920MDec 1, 2025 to Mar 19, 2026
- Accounts · 2,482 to 1,207Jan 9, 2025 to Mar 14, 2025
- Charity clients · unset to 5.0Jan 9, 2025 to Mar 14, 2025
- HNW clients · 137 to 1,100Jan 9, 2025 to Mar 14, 2025
- Individual clients · 974 to 83Jan 9, 2025 to Mar 14, 2025
- Pension plan clients · 16 to 19Jan 9, 2025 to Mar 14, 2025
- Employees · 7 to 8Jan 9, 2025 to Mar 14, 2025
- Financial planning clients · 0 to 1-10Jan 9, 2025 to Mar 14, 2025
- Discretionary RAUM · $587M to $731MJan 9, 2025 to Mar 14, 2025
- HNW RAUM · $304M to $446MJan 9, 2025 to Mar 14, 2025
- Individual RAUM · $282M to $286MJan 9, 2025 to Mar 14, 2025
- Non-discretionary RAUM · $62.6M to $65.7MJan 9, 2025 to Mar 14, 2025
- Pension RAUM · $61.4M to $62.1MJan 9, 2025 to Mar 14, 2025
- RAUM · $650M to $797MJan 9, 2025 to Mar 14, 2025
- Other offices · 2 to 1Mar 21, 2024 to Jun 26, 2024
- Accounts · 2,591 to 2,482Nov 17, 2023 to Mar 21, 2024
- Advisory employees · 5 to 3Nov 17, 2023 to Mar 21, 2024
- HNW clients · 251 to 137Nov 17, 2023 to Mar 21, 2024
- Individual clients · 788 to 974Nov 17, 2023 to Mar 21, 2024
- Pension plan clients · 17 to 16Nov 17, 2023 to Mar 21, 2024
- Financial planning clients · 1-10 to 0Nov 17, 2023 to Mar 21, 2024
- HQ city · LAKE OSWEGO to PORTLANDNov 17, 2023 to Mar 21, 2024
- State-registered IARs · 5 to 3Nov 17, 2023 to Mar 21, 2024
- Discretionary RAUM · $515M to $587MNov 17, 2023 to Mar 21, 2024
- HNW RAUM · $333M to $304MNov 17, 2023 to Mar 21, 2024
- Individual RAUM · $187M to $282MNov 17, 2023 to Mar 21, 2024
- Non-discretionary RAUM · $62.6M to $62.6MNov 17, 2023 to Mar 21, 2024
Signals
4 dated events
- M•••• M•••••••• R••••••••• left H•••• • G••••• W••••• M••••••••• L•• for A••••• F•••••••• A•••••••• L•• (registered 2024-03-05)Feb 1, 2024 · Advisor changed firm · fact
- P•••••• A• Y••••••••• left H•••• • G••••• W••••• M••••••••• L•• for E•••••••• W••••• M••••••••• (registered 2023-09-28)Sep 19, 2023 · Advisor changed firm · fact
- H•••• • G••••• W••••• M••••••••• L•• reported RAUM $543.2M, up 33% from $408.9M (2020-09-15 to 2021-02-16)Feb 16, 2021 · RAUM change · derived
- H•••• • G••••• W••••• M••••••••• L•• filed its initial SEC registration (Form ADV)May 25, 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.
How to reach
public business contact points only, each with its source
- Business phone
- 503-342-8900reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 503-451-3090reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 833-446-7784reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- horstandgraben.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 503-342-8900reportedpublic record, Form ADV, Mar 19, 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
- $230Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026