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

V•••••••• B••••• F•••••••• P•••••••

Independent wealth managerNew Brighton, MinnesotaCRD 297866SEC 801-113830website IAPD

Legal name V•••••••• B••••• F•••••••• P••••••• L••

Latest filing Feb 16, 2026

First filing on the tape Jul 13, 2018 · 24 filings

SEC status approved since Aug 13, 2018

RAUM

$712M

reported, Item 5.F

Discretionary

72%

of RAUM

Private clients

100%

$711M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$102M

derived; firm RAUM over IAPD count

Employees

7 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

24 filings and snapshots on the tape

RAUM$712M as of Feb 16, 2026

Mar 28, 2019$162M then

HNW client RAUM$373M as of Feb 16, 2026

Mar 28, 2019$67.9M then

State-registered IARs (5.B.3)7 as of Feb 16, 2026

Mar 28, 20193 then

Employees (5.A)11 as of Feb 16, 2026

Mar 28, 20197 then

Private funds: no history

RAUM +18% over the last fiscal year+17% a year over threeIARs 6 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
p••••••• led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets

RAUM per advisor: $102MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 284derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $2.0MderivedHNW RAUM over HNW clients
Average account: $233,443derivedRAUM over accounts (5.F.2.f)
Discretionary: 72%derivedof RAUM
Institutional: 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 1.6derivedItem 5.A over advisors
Advisors per office: 7.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year: +18%derivedbetween the last two annual amendments
Advisor growth, one year: +17%derivedItem 5.B.3 between annual amendments
Client growth, one year: +11%derived
Compensation: percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, pension consulting, educational seminarsreportedItem 5.G
Financial planning clients: 1,000reportedItem 5.H
Wrap fee program: $404MreportedItem 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)
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$373M52%
Individuals$337M47%
Corporations and businesses$1.1M0.2%
Investment companies$300,0000.0%

Individual clients: 1,800reported
HNW clients: 185reported
Pension plan clients: n/areported
Charitable clients: n/areported
Accounts: 3,050reported
Financial planning clients: 1,000reported
Wrap fee programs: $0 sponsored, $0 managedreported
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

7 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
L••••• D•••• V••••••••Certified Financial Planner	New Brighton, Mn	Aug 31, 2018	41 y	1
R••••• J••• B•••••Certified Financial Planner, Chartered Financial Consultant	New Brighton, Mn	Aug 31, 2018	27 y	1
B•••••• L••••• V••••••••Certified Financial Planner	New Brighton, Mn	Nov 4, 2019	14 y	0
K••••• R•••••• E••••••Certified Financial Planner	New Brighton, Mn	Apr 4, 2024	16 y	1
A•••• M•••••• D••••	New Brighton, Mn	Nov 11, 2024	13 y	1
H••••• T•••	New Brighton, Mn	May 5, 2025	14 y	1
K•••••• C•••••• R••••••	New Brighton, Mn	Jan 7, 2026	14 y	1

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 headcount1 left over 36 months

Left, latest

M•••••• G••• J•••••••• to G••••••• W••••• M•••••••••
May 5, 2025 · RIA to affiliated broker-dealer or bank

Joined, latest

K•••••• C•••••• R•••••• from C••••• I••••••••• A••••••• L••
Jan 7, 2026 · Affiliated broker-dealer or bank to independent RIA
H••••• T••• from S•••••• D•••• W•••••• I••••••••• A••••••• L••
May 5, 2025 · RIA to RIA
A•••• M•••••• D•••• from W••••••• F•••••••• S•••••••• I•••
Nov 11, 2024 · Other
M•••••• G••• J•••••••• from A••••••••• F•••••••• S•••••••• L••
Sep 3, 2024 · Affiliated broker-dealer or bank to independent RIA
K••••• R•••••• E•••••• from A•••• W••••• S•••••••••
Apr 4, 2024 · RIA to RIA
L••••• D•••• V•••••••• from W••••••• F•••••••• S•••••••• I•••
Aug 31, 2018 · Affiliated broker-dealer or bank to a newly registered adviser
R••••• J••• B••••• from W••••••• F•••••••• S•••••••• I•••
Aug 31, 2018 · Affiliated broker-dealer or bank to a newly registered adviser

Every departure Every arrival

Teams: two or more advisors moving together within fourteen days, from one state

2 joined from W••••••• F•••••••• S•••••••• I•••
Sep 5, 2018 · New Brighton, Mn

Teams out Teams in

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

B•••••• R•••••• J••• · Managing Membercontrol
since 05/2018 · owns 25% to 50%
D••••• A••••• M•••••• · Chief Compliance Officercontrol
since 11/2022 · owns less than 5%
V••••••••• L•••••• D•••• · Managing Membercontrol
since 05/2018 · owns 50% to 75%

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
New Brighton, Mn · principal	7	1	0

Offices

Schedule D 1.F, the 25 largest

No branch office listed.

ADV anomalies

1 against comparable advisers; where to look, not conclusions

unusually high clients per advisorStatic outlier · filing Feb 16, 2026
private clients per advisor of 283.6 against a peer median of 63.6 (1210 comparable advisers, 98.0th percentile, 5.9 robust deviations)
peers: independent wealth managers, $500M to $1B (1,210) · 98% percentile

How anomalies are measured

What changed

consecutive filings, newest first

Accounts · 2,807 to 3,050
Jan 7, 2026 to Feb 16, 2026
Corporate clients · unset to 3.0
Jan 7, 2026 to Feb 16, 2026
HNW clients · 180 to 185
Jan 7, 2026 to Feb 16, 2026
Individual clients · 1,615 to 1,800
Jan 7, 2026 to Feb 16, 2026
Discretionary RAUM · $426M to $510M
Jan 7, 2026 to Feb 16, 2026
HNW RAUM · $276M to $373M
Jan 7, 2026 to Feb 16, 2026
Individual RAUM · $327M to $337M
Jan 7, 2026 to Feb 16, 2026
Non-discretionary RAUM · $178M to $202M
Jan 7, 2026 to Feb 16, 2026
RAUM · $604M to $712M
Jan 7, 2026 to Feb 16, 2026
Advisory employees · 6 to 7
Jun 17, 2025 to Jan 7, 2026
Employees · 10 to 11
Jun 17, 2025 to Jan 7, 2026
State-registered IARs · 6 to 7
Jun 17, 2025 to Jan 7, 2026
Financial planning clients · More than 500 to More than 500
May 5, 2025 to Jun 17, 2025
Accounts · 1,786 to 2,807
Nov 11, 2024 to Feb 16, 2025
Charity clients · 5.0 to unset
Nov 11, 2024 to Feb 16, 2025
HNW clients · 110 to 180
Nov 11, 2024 to Feb 16, 2025
Individual clients · 766 to 1,615
Nov 11, 2024 to Feb 16, 2025
Pension plan clients · 10.0 to unset
Nov 11, 2024 to Feb 16, 2025
Discretionary RAUM · $325M to $426M
Nov 11, 2024 to Feb 16, 2025
HNW RAUM · $165M to $276M
Nov 11, 2024 to Feb 16, 2025
Individual RAUM · $160M to $327M
Nov 11, 2024 to Feb 16, 2025
Non-discretionary RAUM · $153M to $178M
Nov 11, 2024 to Feb 16, 2025
Pension RAUM · 153000000.0 to unset
Nov 11, 2024 to Feb 16, 2025
RAUM · $478M to $604M
Nov 11, 2024 to Feb 16, 2025
Advisory employees · 5 to 6
Nov 8, 2024 to Nov 11, 2024
State-registered IARs · 5 to 6
Nov 8, 2024 to Nov 11, 2024
Advisory employees · 4 to 5
Jan 16, 2024 to Sep 3, 2024
Employees · 8 to 10
Jan 16, 2024 to Sep 3, 2024
State-registered IARs · 4 to 5
Jan 16, 2024 to Sep 3, 2024
Accounts · 1,637 to 1,786
Dec 14, 2023 to Jan 16, 2024
Advisory employees · 5 to 4
Dec 14, 2023 to Jan 16, 2024
Charity clients · 1 to 5
Dec 14, 2023 to Jan 16, 2024
HNW clients · 107 to 110
Dec 14, 2023 to Jan 16, 2024
Individual clients · 755 to 766
Dec 14, 2023 to Jan 16, 2024
Employees · 9 to 8
Dec 14, 2023 to Jan 16, 2024
Financial planning clients · 251-500 to More than 500
Dec 14, 2023 to Jan 16, 2024
State-registered IARs · 5 to 4
Dec 14, 2023 to Jan 16, 2024
Discretionary RAUM · $293M to $325M
Dec 14, 2023 to Jan 16, 2024
HNW RAUM · $147M to $165M
Dec 14, 2023 to Jan 16, 2024
Individual RAUM · $146M to $160M
Dec 14, 2023 to Jan 16, 2024

Signals

6 dated events

M•••••• G••• J•••••••• left V•••••••• B••••• F•••••••• P••••••• for G••••••• W••••• M••••••••• (registered 2025-07-21)
May 5, 2025 · Advisor changed firm · fact
V•••••••• B••••• F•••••••• P••••••• reported RAUM $603.7M, up 26% from $478.1M (2024-11-11 to 2025-02-16)
Feb 16, 2025 · RAUM change · derived
Jeffrey Erik Young (Chief Compliance Officer) no longer on Schedule A of V•••••••• B••••• F•••••••• P••••••• (listed 2022-02-08, absent 2023-02-15)
Feb 15, 2023 · Control person left · inference
Michael Aaron Dally (Chief Compliance Officer) appeared on Schedule A of V•••••••• B••••• F•••••••• P•••••••
Feb 15, 2023 · Control person joined · fact
V•••••••• B••••• F•••••••• P••••••• reported RAUM $358.7M, up 76% from $203.7M (2020-05-28 to 2021-02-10)
Feb 10, 2021 · RAUM change · derived
V•••••••• B••••• A•• Y•••• F•••••••• P••••••• filed its initial SEC registration (Form ADV)
Jul 13, 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 email: bridget@valtinsonfinancial.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email: david@valtinsonfinancial.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email: julie@valtinsonfinancial.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email: justen@valtinsonfinancial.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email: kelly@valtinsonfinancial.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email: larry@valtinsonfinancial.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email: rob@valtinsonfinancial.comreportedpublished by the firm, firm site, Sep 17, 2026
Business email: tyler@valtinsonfinancial.comreportedpublished by the firm, firm site, Sep 17, 2026
Business phone: 651-628-9832reportedpublished by the firm, firm site, Sep 17, 2026
Business phone: 651-633-6566reportedpublished by the firm, firm site, Sep 17, 2026
Website: H••••://WWW.V••••••••FINANCIAL.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone: 651-628-9832reportedpublic record, Form ADV, Feb 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: $102Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026