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

S•••••• F•••••••• P•••••••• L••

Independent wealth managerBethesda, MarylandCRD 297858SEC 801-113779websiteIAPD
Latest filing May 21, 2026
First filing on the tape Jul 3, 2018 · 44 filings
SEC status approved since Aug 13, 2018
RAUM
$682M
reported, Item 5.F
Discretionary
91%
of RAUM
Private clients
84%
$573M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$682M
derived; firm RAUM over IAPD count
Employees
11
8 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
44 filings and snapshots on the tape
RAUM$682M as of May 21, 2026
Mar 8, 2019$124M then
HNW client RAUM$543M as of May 21, 2026
Mar 8, 2019$92.3M then
State-registered IARs (5.B.3)7 as of May 21, 2026
Mar 8, 20193 then
Employees (5.A)11 as of May 21, 2026
Mar 8, 20195 then
Private funds: no history
RAUM +19% over the last fiscal year+23% a year over threeIARs 7 to 7offices 4 to 3
Practice profile
derived from the filing of May 21, 2026; every figure names its basis
Archetypes, each a printed rule
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$682MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
498derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$428,723derivedRAUM over accounts (5.F.2.f)
Discretionary
91%derivedof RAUM
Institutional
13%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
11.0derivedItem 5.A over advisors
Advisors per office
0.3derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+19%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.0%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Custody
$3.4M, 4 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$543M80%
  • Pension and profit-sharing plans$87.1M13%
  • Individuals$30.1M4.4%
  • Corporations and businesses$21.4M3.1%
Individual clients
225reported
HNW clients
273reported
Pension plan clients
27reported
Charitable clients
n/areported
Accounts
1,590reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$3.4M for 4 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.84 fund_share=0.0 institutional_share=0.13 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
5 left, 1 joined in 12 months
net -4 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 500% of current headcount7 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
  • B••••••••• F••••••••• J••• · Managing Partnercontrol
    since 07/2018 · owns 25% to 50%
  • M••••••• B••••• B•••••• · Vp, Director Of Investmentscontrol
    since 10/2021 · owns less than 5%
  • S•••••••• A•••••• J••••• · Chief Operations Officer And Chief Compliance Officercontrol
    since 07/2018 · owns 10% to 25%
  • S•••••••• B••••• C•••••• · Chief Executive Officer, Managing Partner And Managing Membercontrol
    since 07/2018 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Bethesda, Md · principal1031
Easton, Pa001
Lakewood, Fl001
Traverse City, Mi000
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 1,444 to 1,590
    Nov 6, 2025 to Mar 20, 2026
  • Advisory employees · 7 to 8
    Nov 6, 2025 to Mar 20, 2026
  • Advisory activities · 3 to 5
    Nov 6, 2025 to Mar 20, 2026
  • HNW clients · 260 to 273
    Nov 6, 2025 to Mar 20, 2026
  • Individual clients · 233 to 225
    Nov 6, 2025 to Mar 20, 2026
  • Pension plan clients · 26 to 27
    Nov 6, 2025 to Mar 20, 2026
  • Assets in custody · $2.2M to $3.4M
    Nov 6, 2025 to Mar 20, 2026
  • Financial planning clients · 26-50 to 51-100
    Nov 6, 2025 to Mar 20, 2026
  • Other offices · 4 to 3
    Nov 6, 2025 to Mar 20, 2026
  • Discretionary RAUM · $526M to $622M
    Nov 6, 2025 to Mar 20, 2026
  • HNW RAUM · $454M to $543M
    Nov 6, 2025 to Mar 20, 2026
  • Individual RAUM · $32.7M to $30.1M
    Nov 6, 2025 to Mar 20, 2026
  • Non-discretionary RAUM · $49.5M to $59.8M
    Nov 6, 2025 to Mar 20, 2026
  • Pension RAUM · $72.4M to $87.1M
    Nov 6, 2025 to Mar 20, 2026
  • RAUM · $575M to $682M
    Nov 6, 2025 to Mar 20, 2026
  • Advisory employees · 8 to 7
    Mar 31, 2025 to Nov 6, 2025
  • Financial planning clients · 26-50 to 26-50
    Feb 14, 2025 to Mar 31, 2025
  • RAUM · $464M to $575M
    Nov 6, 2024 to Feb 14, 2025
  • Accounts · 1,306 to 1,444
    Nov 6, 2024 to Feb 14, 2025
  • Advisory employees · 5 to 8
    Nov 6, 2024 to Feb 14, 2025
  • Corporate clients · 6 to 7
    Nov 6, 2024 to Feb 14, 2025
  • HNW clients · 215 to 260
    Nov 6, 2024 to Feb 14, 2025
  • Individual clients · 245 to 233
    Nov 6, 2024 to Feb 14, 2025
  • Pension plan clients · 21 to 26
    Nov 6, 2024 to Feb 14, 2025
  • Assets in custody · $3.7M to $2.2M
    Nov 6, 2024 to Feb 14, 2025
  • Employees · 10 to 11
    Nov 6, 2024 to Feb 14, 2025
  • State-registered IARs · 5 to 7
    Nov 6, 2024 to Feb 14, 2025
  • Other offices · 3 to 4
    Nov 6, 2024 to Feb 14, 2025
  • Discretionary RAUM · $420M to $526M
    Nov 6, 2024 to Feb 14, 2025
  • HNW RAUM · $360M to $454M
    Nov 6, 2024 to Feb 14, 2025
  • Individual RAUM · $34.9M to $32.7M
    Nov 6, 2024 to Feb 14, 2025
  • Non-discretionary RAUM · $43.5M to $49.5M
    Nov 6, 2024 to Feb 14, 2025
  • Pension RAUM · $62.0M to $72.4M
    Nov 6, 2024 to Feb 14, 2025
  • Other offices · 2 to 3
    Feb 28, 2024 to Jun 4, 2024
  • Accounts · 1,191 to 1,306
    Dec 18, 2023 to Feb 28, 2024
  • Advisory employees · 7 to 5
    Dec 18, 2023 to Feb 28, 2024
  • Corporate clients · unset to 6.0
    Dec 18, 2023 to Feb 28, 2024
  • HNW clients · 155 to 215
    Dec 18, 2023 to Feb 28, 2024
  • Individual clients · 236 to 245
    Dec 18, 2023 to Feb 28, 2024
  • Pension plan clients · 25 to 21
    Dec 18, 2023 to Feb 28, 2024
Signals
12 dated events
  • S••••• J•••• S•••• left S•••••• F•••••••• P•••••••• L•• for A••• W•••••• L•• (registered 2026-06-23)
    Jun 15, 2026 · a•••••• firm change · fact
  • F•••••••• J••• B•••••••• left S•••••• F•••••••• P•••••••• L•• for A••• W•••••• L•• (registered 2026-07-23)
    Jun 15, 2026 · a•••••• firm change · fact
  • D••••• H••••• C••••••••• left S•••••• F•••••••• P•••••••• L•• for A••• W•••••• L•• (registered 2026-06-23)
    Jun 15, 2026 · a•••••• firm change · fact
  • B•••• M•••••• left S•••••• F•••••••• P•••••••• L•• for A••• W•••••• L•• (registered 2026-06-23)
    Jun 15, 2026 · a•••••• firm change · fact
  • 2 advisors left S•••••• F•••••••• P•••••••• L•• (Bethesda, MD) for A••• W•••••• L•• on the same day
    Jun 15, 2026 · Team lift-out · derived
  • W•••••• B•••• B•••• left S•••••• F•••••••• P•••••••• L•• for P•••••• A•••••• G••••• L•• (registered 2026-05-19)
    May 5, 2026 · a•••••• firm change · fact
  • R••• W•••••• K••••••• left S•••••• F•••••••• P•••••••• L•• for O•• M•••••• I••••••••• C••••••• L•• (registered 2025-03-31)
    Mar 31, 2025 · a•••••• firm change · fact
  • R•••••• L••• D•••••• left S•••••• F•••••••• P•••••••• L•• for S•• W••••• A•••••••• L•• (registered 2023-10-05)
    Sep 27, 2023 · a•••••• firm change · fact
  • S•••••• F•••••••• P•••••••• L•• reported RAUM $380.5M, up 51% from $252.8M (2021-12-08 to 2022-03-15)
    Mar 15, 2022 · RAUM change · derived
  • J••••• J• G•••••• left S•••••• F•••••••• P•••••••• L•• for U••••• C•••••• F•••••••• A••••••• (registered 2022-09-16)
    Mar 10, 2022 · a•••••• firm change · fact
  • Barrett B•••• M•••••• (Vp, Director Of Investments) appeared on Schedule A of S•••••• F•••••••• P•••••••• L••
    Dec 8, 2021 · Control person joined · fact
  • S••••••• L•• filed its initial SEC registration (Form ADV)
    Jul 3, 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
301-214-4190reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/sandboxfpreportedpublic record, Form ADV, Sep 18, 2026
Website
sandboxfinancial.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(301) 214-4190reportedpublic record, Form ADV, May 21, 2026
Contact form
sandboxfp.com/contact-usreportedpublished by the firm, firm site, Sep 17, 2026
Team page
sandboxfp.com/team/sandbox-teamreportedpublished by the firm, firm site, Sep 17, 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
$682Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026