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

Apo Financial Services, LLC

Independent wealth managerWestminster, ColoradoCRD 297647SEC 801-118090websiteIAPD
Latest filing Apr 1, 2026
First filing on the tape Jan 16, 2020 · 26 filings
SEC status approved since Feb 14, 2020
RAUM
$124M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$124M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$31.1M
derived; firm RAUM over IAPD count
Employees
7
7 advisory (5.B.1)
Offices
6
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$124M as of Apr 1, 2026
Mar 31, 2020$104M then
HNW client RAUM$10.1M as of Apr 1, 2026
Mar 31, 2020$15.4M then
State-registered IARs (5.B.3)7 as of Apr 1, 2026
Mar 31, 202010 then
Employees (5.A)7 as of Apr 1, 2026
Mar 31, 202010 then
Private funds: no history
RAUM +12% over the last fiscal year-2.1% a year over threeIARs 7 to 7
Practice profile
derived from the filing of Apr 1, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$31.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
136derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$133,747derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
0.6derived7 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.6%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, educational seminarsreportedItem 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
  • Individuals$114M92%
  • High-net-worth individuals$10.1M8.1%
Individual clients
536reported
HNW clients
6reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
929reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Johnny Michael GoodhueWestminster, Co Jan 27, 202617 y2
John Leonard CrozeWestminster, Co Jan 28, 202633 y1
Kerry Ray MorrisCertified Financial PlannerWestminster, Co Jan 30, 202618 y3
Michael BrannonWestminster, CoJul 7, 202620 y6
Advisor movement
2 left, 1 joined in 12 months
net -1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 50% of current headcount4 left over 36 months
Left, latest
Joined, latest
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
    • Michael Johnny Goodhue · Ceo & Ccocontrol
      since 12/2018 · owns 75% or more
    Related persons
    Schedule D 7.A
    • Apo Financial, Inc.
      real estatey
    • Asset Protect One, Inc.
      real estatey
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Westminster, Co · principal441
    Palm Beach Gardens, Fl110
    Saint George, Ut001
    Offices
    Schedule D 1.F, the 25 largest
    • Franklin, TN3 employees
    • Saint George, UT3 employees
    • Laurium, MI2 employees
    • Lone Tree, CO2 employees
    • Longmont, CO2 employees
    • Palm Beach Gardens, FL1 employees
    What changed
    consecutive filings, newest first
    • Individual clients · 512 to 536
      Jan 8, 2026 to Apr 1, 2026
    • Discretionary RAUM · $110M to $124M
      Jan 8, 2026 to Apr 1, 2026
    • HNW RAUM · $9.6M to $10.1M
      Jan 8, 2026 to Apr 1, 2026
    • Individual RAUM · $102M to $114M
      Jan 8, 2026 to Apr 1, 2026
    • Non-discretionary RAUM · $1.4M to $0
      Jan 8, 2026 to Apr 1, 2026
    • RAUM · $111M to $124M
      Jan 8, 2026 to Apr 1, 2026
    • Accounts · 918 to 929
      Mar 31, 2024 to Apr 1, 2025
    • Advisory employees · 8 to 7
      Mar 31, 2024 to Apr 1, 2025
    • BD registered reps · 1 to 0
      Mar 31, 2024 to Apr 1, 2025
    • Corporate clients · 1 to 0
      Mar 31, 2024 to Apr 1, 2025
    • HNW clients · 80 to 6
      Mar 31, 2024 to Apr 1, 2025
    • Individual clients · 436 to 512
      Mar 31, 2024 to Apr 1, 2025
    • Employees · 8 to 7
      Mar 31, 2024 to Apr 1, 2025
    • Financial planning clients · 1-10 to 1-10
      Mar 31, 2024 to Apr 1, 2025
    • State-registered IARs · 8 to 7
      Mar 31, 2024 to Apr 1, 2025
    • Discretionary RAUM · $100M to $110M
      Mar 31, 2024 to Apr 1, 2025
    • HNW RAUM · $64.1M to $9.6M
      Mar 31, 2024 to Apr 1, 2025
    • Individual RAUM · $35.5M to $102M
      Mar 31, 2024 to Apr 1, 2025
    • Non-discretionary RAUM · $0 to $1.4M
      Mar 31, 2024 to Apr 1, 2025
    • RAUM · $100M to $111M
      Mar 31, 2024 to Apr 1, 2025
    • Related adviser · false to true
      Mar 31, 2024 to Apr 1, 2025
    • Accounts · 1,130 to 918
      Oct 16, 2023 to Mar 31, 2024
    • Advisory employees · 9 to 8
      Oct 16, 2023 to Mar 31, 2024
    • HNW clients · 85 to 80
      Oct 16, 2023 to Mar 31, 2024
    • Individual clients · 484 to 436
      Oct 16, 2023 to Mar 31, 2024
    • Employees · 9 to 8
      Oct 16, 2023 to Mar 31, 2024
    • State-registered IARs · 9 to 8
      Oct 16, 2023 to Mar 31, 2024
    • Discretionary RAUM · $132M to $100M
      Oct 16, 2023 to Mar 31, 2024
    • HNW RAUM · $59.3M to $64.1M
      Oct 16, 2023 to Mar 31, 2024
    • Individual RAUM · $72.6M to $35.5M
      Oct 16, 2023 to Mar 31, 2024
    • RAUM · $132M to $100M
      Oct 16, 2023 to Mar 31, 2024
    • Other offices · 5 to 6
      May 4, 2023 to Oct 16, 2023
    • Advisory employees · 11 to 9
      Apr 26, 2023 to May 4, 2023
    • Employees · 11 to 9
      Apr 26, 2023 to May 4, 2023
    • State-registered IARs · 11 to 9
      Apr 26, 2023 to May 4, 2023
    • Other offices · 6 to 5
      Mar 31, 2023 to Apr 26, 2023
    • Accounts · 997 to 1,130
      Nov 30, 2022 to Mar 31, 2023
    • Charity clients · unset to 0.0
      Nov 30, 2022 to Mar 31, 2023
    • Corporate clients · unset to 1.0
      Nov 30, 2022 to Mar 31, 2023
    • HNW clients · 32 to 85
      Nov 30, 2022 to Mar 31, 2023
    Signals
    8 dated events
    • Katie Lynn Prosser left Apo Financial Services, Llc for Ae Wealth Management, Llc (registered 2026-03-18)
      Apr 13, 2026 · Advisor changed firm · fact
    • Tammy B Paxton left Apo Financial Services, Llc for Gramercy Park Wealth Advisors, Llc (registered 2025-01-29)
      Dec 31, 2025 · Advisor changed firm · fact
    • Leah Trietiak left Apo Financial Services, Llc for Singer Wealth Advisors Llc (registered 2024-07-20)
      Jul 9, 2024 · Advisor changed firm · fact
    • Eric Paul Butler left Apo Financial Services, Llc for Digital Ascension Group - Wealth (registered 2023-11-14)
      Nov 7, 2023 · Advisor changed firm · fact
    • Brian Erle Gray left Apo Financial Services, Llc for Graylark Financial, Llc (registered 2023-06-05)
      May 4, 2023 · Advisor changed firm · fact
    • Erle Brian Gray (President And Chief Compliance Officer) no longer on Schedule A of Apo Financial Services, Llc (listed 2023-04-26, absent 2023-05-04)
      May 4, 2023 · Control person left · inference
    • Raymond John Stein left Apo Financial Services, Llc for New Light Financial (registered 2023-06-23)
      Apr 12, 2023 · Advisor changed firm · fact
    • Apo Financial Services, Llc filed its initial SEC registration (Form ADV)
      Jan 16, 2020 · 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
    apofinancial.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    (720) 588-2000reportedpublic record, Form ADV, Apr 1, 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
    $31.1Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026