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

E••• W••••• M••••••••• L••

Independent wealth managerOklahoma City, OklahomaCRD 297643SEC 801-113589websiteIAPD
Latest filing Mar 13, 2026
First filing on the tape Jun 11, 2018 · 21 filings
SEC status approved since Jul 12, 2018
RAUM
$121M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$118M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$40.3M
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$121M as of Mar 13, 2026
Mar 14, 2019$116M then
HNW client RAUM$83.3M as of Mar 13, 2026
Mar 14, 2019$58.8M then
State-registered IARs (5.B.3)4 as of Mar 13, 2026
Mar 14, 20192 then
Employees (5.A)5 as of Mar 13, 2026
Mar 14, 20193 then
Private funds: no history
RAUM +7.6% over the last fiscal year+9.5% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 13, 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$40.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
49derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$297,559derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+7.6%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-61%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Wrap fee program
$236MreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$83.3M69%
  • Individuals$34.4M28%
  • Corporations and businesses$3.1M2.6%
Individual clients
110reported
HNW clients
38reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
406reported
Financial planning clients
reported
Wrap fee programs
$118M sponsored, $118M managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.0 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
V••••• L••• O•••••Oklahoma City, OkJul 12, 201837 y3
M••• T•••••• A•••Norman, Ok Jan 25, 202125 y1
T••••• M•••••• A•••Oklahoma City, OkApr 12, 202213 y0
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 33% of current headcount1 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
  • O•••••• V•••••• L••• · Managing Partner/ Chief Compliance Officercontrol
    since 07/2018 · owns less than 5%
  • O•••••• V•••••• L••• · Managing Membercontrol
    since 07/2018 · owns 75% or more of B•• L••
Entity owners
  • B•• L•• · Owner
    direct · 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
Oklahoma City, Ok · principal301
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • clients down average size upCombination · filing Mar 13, 2026
    private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $112,286,504 to $120,808,791, advisors 4 to 4, private clients 383 to 148, offices 1 to 1 (2025-04-21 to 2026-03-13)
    peers: independent wealth managers, $100M to $500M (5,676)
  • client count collapseChange between filings · filing Mar 13, 2026
    individual and HNW clients (Item 5.D) moved from 383.0 to 148.0 (-61.0%) between the annual amendments of 2025-04-21 and 2026-03-13; the peer median change was +3.0% (3309 comparable advisers, 1.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,309) · 0.8% percentile
What changed
consecutive filings, newest first
  • Accounts · 389 to 406
    Nov 3, 2025 to Mar 13, 2026
  • Corporate clients · 6 to 5
    Nov 3, 2025 to Mar 13, 2026
  • HNW clients · 137 to 38
    Nov 3, 2025 to Mar 13, 2026
  • Individual clients · 246 to 110
    Nov 3, 2025 to Mar 13, 2026
  • Discretionary RAUM · $112M to $121M
    Nov 3, 2025 to Mar 13, 2026
  • HNW RAUM · $70.6M to $83.3M
    Nov 3, 2025 to Mar 13, 2026
  • Individual RAUM · $38.4M to $34.4M
    Nov 3, 2025 to Mar 13, 2026
  • Non-discretionary RAUM · $263,809 to $0
    Nov 3, 2025 to Mar 13, 2026
  • RAUM · $112M to $121M
    Nov 3, 2025 to Mar 13, 2026
  • Wrap assets (manager) · $110M to $118M
    Nov 3, 2025 to Mar 13, 2026
  • Wrap assets (sponsor) · $110M to $118M
    Nov 3, 2025 to Mar 13, 2026
  • Financial planning clients · unset to
    Apr 21, 2025 to Jul 8, 2025
  • Accounts · 375 to 389
    Mar 27, 2024 to Apr 21, 2025
  • Corporate clients · 2 to 6
    Mar 27, 2024 to Apr 21, 2025
  • HNW clients · 27 to 137
    Mar 27, 2024 to Apr 21, 2025
  • Individual clients · 115 to 246
    Mar 27, 2024 to Apr 21, 2025
  • Other offices · 0 to 1
    Mar 27, 2024 to Apr 21, 2025
  • Discretionary RAUM · $104M to $112M
    Mar 27, 2024 to Apr 21, 2025
  • HNW RAUM · $65.7M to $70.6M
    Mar 27, 2024 to Apr 21, 2025
  • Individual RAUM · $37.1M to $38.4M
    Mar 27, 2024 to Apr 21, 2025
  • Non-discretionary RAUM · $1.5M to $263,809
    Mar 27, 2024 to Apr 21, 2025
  • RAUM · $106M to $112M
    Mar 27, 2024 to Apr 21, 2025
  • Wrap assets (manager) · $100M to $110M
    Mar 27, 2024 to Apr 21, 2025
  • Wrap assets (sponsor) · $100M to $110M
    Mar 27, 2024 to Apr 21, 2025
  • Accounts · 356 to 375
    Nov 14, 2023 to Mar 27, 2024
  • HNW clients · 37 to 27
    Nov 14, 2023 to Mar 27, 2024
  • Individual clients · 82 to 115
    Nov 14, 2023 to Mar 27, 2024
  • Employees · 4 to 5
    Nov 14, 2023 to Mar 27, 2024
  • Discretionary RAUM · $92.1M to $104M
    Nov 14, 2023 to Mar 27, 2024
  • HNW RAUM · $69.4M to $65.7M
    Nov 14, 2023 to Mar 27, 2024
  • Individual RAUM · $21.4M to $37.1M
    Nov 14, 2023 to Mar 27, 2024
  • Non-discretionary RAUM · $0 to $1.5M
    Nov 14, 2023 to Mar 27, 2024
  • RAUM · $92.1M to $106M
    Nov 14, 2023 to Mar 27, 2024
  • Wrap assets (manager) · $0 to $100M
    Nov 14, 2023 to Mar 27, 2024
  • Wrap assets (sponsor) · $0 to $100M
    Nov 14, 2023 to Mar 27, 2024
  • Accounts · 586 to 356
    Nov 30, 2022 to Mar 23, 2023
  • Corporate clients · 1 to 2
    Nov 30, 2022 to Mar 23, 2023
  • HNW clients · 64 to 37
    Nov 30, 2022 to Mar 23, 2023
  • Individual clients · 114 to 82
    Nov 30, 2022 to Mar 23, 2023
  • Discretionary RAUM · $141M to $92.1M
    Nov 30, 2022 to Mar 23, 2023
Signals
6 dated events
  • K••••••• J• G•••••••• left E••• W••••• M••••••••• L•• for T•• A•••••••• I••• (registered 2026-03-16)
    Mar 18, 2026 · Advisor changed firm · fact
  • Marlon Rick Hadrava (Managing Partner) no longer on Schedule A of E••• W••••• M••••••••• L•• (listed 2022-11-30, absent 2023-03-23)
    Mar 23, 2023 · Control person left · inference
  • Matthew Thomas Arra (Chief Compliance Officer) no longer on Schedule A of E••• W••••• M••••••••• L•• (listed 2022-11-30, absent 2023-03-23)
    Mar 23, 2023 · Control person left · inference
  • R••• M••••• H•••••• left E••• W••••• M••••••••• L•• for S••••••••• W••••• M••••••••• L•• (registered 2022-04-05)
    Apr 4, 2022 · Advisor changed firm · fact
  • Matthew Thomas Arra (Chief Compliance Officer) appeared on Schedule A of E••• W••••• M••••••••• L••
    Jul 7, 2020 · Control person joined · fact
  • E••• W••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
    Jun 11, 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
Website
E•••WMG.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
405-257-0301reportedpublic record, Form ADV, Mar 13, 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
$40.3Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026