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.

Former SEC-registered adviser

Lpf Advisors, LLC

Former SEC-registered adviserSarasota, FloridaCRD 298068SEC 801-114862websiteIAPD
Latest filing Apr 15, 2025
First filing on the tape Jul 27, 2018 · 45 filings
SEC status approved since Mar 22, 2019
RAUM
$277M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$277M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
45 filings and snapshots on the tape
RAUM$277M as of Apr 15, 2025
Mar 18, 2020$170M then
HNW client RAUM$84.6M as of Apr 15, 2025
Mar 18, 2020$22.3M then
State-registered IARs (5.B.3)4 as of Apr 15, 2025
Mar 18, 20204 then
Employees (5.A)5 as of Apr 15, 2025
Mar 18, 20204 then
Private funds: no history
RAUM +17% over the last fiscal year+6.3% a year over threeIARs 3 to 4offices 4 to 3
Practice profile
derived from the filing of Apr 15, 2025; every figure names its basis
RAUM per advisor
$69.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
184derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$377,494derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
1.0derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+17%derivedbetween the last two annual amendments
Advisor growth, one year
+33%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.9%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$111M, 283 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)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$193M69%
  • High-net-worth individuals$84.6M31%
Individual clients
692reported
HNW clients
43reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
735reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$111M for 283 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Ann Debbie Bectal · Chief Compliance Officercontrol
    since 01/2023 · owns less than 5%
  • Scott Kristopher Flammang · Managing Membercontrol
    since 07/2018 · owns 50% to 75%
  • Armand Mark Picchi · Membercontrol
    since 07/2018 · 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
OfficeAdvisorsJoinedLeftTeams outForming
Sarasota, Fl · principal000
Venice, Fl000
Offices
Schedule D 1.F, the 25 largest
  • Lakeland, FL2 employees
  • St. Petersburg, FL2 employees
  • Tampa, FL2 employees
  • Venice, FL1 employees
What changed
consecutive filings, newest first
  • Advisory employees · 5 to 4
    Feb 3, 2025 to Apr 15, 2025
  • BD registered reps · 5 to 4
    Feb 3, 2025 to Apr 15, 2025
  • Employees · 6 to 5
    Feb 3, 2025 to Apr 15, 2025
  • State-registered IARs · 5 to 4
    Feb 3, 2025 to Apr 15, 2025
  • Other offices · 4 to 3
    Feb 3, 2025 to Apr 15, 2025
  • Accounts · 696 to 735
    Jun 27, 2024 to Jan 27, 2025
  • HNW clients · 37 to 43
    Jun 27, 2024 to Jan 27, 2025
  • Individual clients · 659 to 692
    Jun 27, 2024 to Jan 27, 2025
  • Assets in custody · $198M to $111M
    Jun 27, 2024 to Jan 27, 2025
  • Discretionary RAUM · $231M to $276M
    Jun 27, 2024 to Jan 27, 2025
  • HNW RAUM · $64.9M to $84.6M
    Jun 27, 2024 to Jan 27, 2025
  • Individual RAUM · $167M to $193M
    Jun 27, 2024 to Jan 27, 2025
  • Non-discretionary RAUM · $718,672 to $1.0M
    Jun 27, 2024 to Jan 27, 2025
  • RAUM · $232M to $277M
    Jun 27, 2024 to Jan 27, 2025
  • Accounts · 714 to 696
    Apr 10, 2024 to May 1, 2024
  • HNW clients · 38 to 37
    Apr 10, 2024 to May 1, 2024
  • Individual clients · 676 to 659
    Apr 10, 2024 to May 1, 2024
  • Assets in custody · $104M to $198M
    Apr 10, 2024 to May 1, 2024
  • Discretionary RAUM · $237M to $231M
    Apr 10, 2024 to May 1, 2024
  • HNW RAUM · $67.7M to $64.9M
    Apr 10, 2024 to May 1, 2024
  • Individual RAUM · $170M to $167M
    Apr 10, 2024 to May 1, 2024
  • Non-discretionary RAUM · $828,205 to $718,672
    Apr 10, 2024 to May 1, 2024
  • RAUM · $238M to $232M
    Apr 10, 2024 to May 1, 2024
  • Advisory employees · 3 to 5
    Feb 21, 2024 to Apr 10, 2024
  • BD registered reps · 3 to 5
    Feb 21, 2024 to Apr 10, 2024
  • Employees · 4 to 6
    Feb 21, 2024 to Apr 10, 2024
  • State-registered IARs · 3 to 5
    Feb 21, 2024 to Apr 10, 2024
  • Accounts · 774 to 714
    Oct 27, 2023 to Feb 21, 2024
  • Individual clients · 736 to 676
    Oct 27, 2023 to Feb 21, 2024
  • Assets in custody · $198M to $104M
    Oct 27, 2023 to Feb 21, 2024
  • Discretionary RAUM · $250M to $237M
    Oct 27, 2023 to Feb 21, 2024
  • HNW RAUM · $74.6M to $67.7M
    Oct 27, 2023 to Feb 21, 2024
  • Individual RAUM · $175M to $170M
    Oct 27, 2023 to Feb 21, 2024
  • Non-discretionary RAUM · $246,892 to $828,205
    Oct 27, 2023 to Feb 21, 2024
  • RAUM · $250M to $238M
    Oct 27, 2023 to Feb 21, 2024
  • Advisory employees · 4 to 3
    Sep 22, 2023 to Oct 5, 2023
  • BD registered reps · 4 to 3
    Sep 22, 2023 to Oct 5, 2023
  • Employees · 5 to 4
    Sep 22, 2023 to Oct 5, 2023
  • State-registered IARs · 4 to 3
    Sep 22, 2023 to Oct 5, 2023
  • Accounts · 728 to 774
    Apr 25, 2023 to Sep 22, 2023
Signals
11 dated events
  • Lpf Advisors, Llc no longer on the SEC adviser roster (last listed 2025-06-02, RAUM $277.5M)
    Jul 1, 2025 · Left the SEC roster · derived
  • Collin Trent Habig left Lpf Advisors, Llc for Summit Financial, Llc (registered 2025-04-14)
    Jun 11, 2025 · Advisor changed firm · fact
  • Mark Armand Picchi left Lpf Advisors, Llc for Summit Financial, Llc (registered 2025-04-14)
    Jun 11, 2025 · Advisor changed firm · fact
  • Armando Demetrice Faucy-Smith left Lpf Advisors, Llc for Summit Financial, Llc (registered 2025-04-14)
    Jun 11, 2025 · Advisor changed firm · fact
  • Kristopher Scott Flammang left Lpf Advisors, Llc for Summit Financial, Llc (registered 2025-04-14)
    Jun 11, 2025 · Advisor changed firm · fact
  • Lpf Advisors, LLC's advisors moved to Summit Financial, LLC (Sarasota, FL): 4 of 4 registered, on the same day
    Jun 11, 2025 · Firm absorbed (people side) · derived
  • Adam Bruce Carter left Lpf Advisors, Llc for Wealthplan Partners (registered 2025-04-18)
    Apr 15, 2025 · Advisor changed firm · fact
  • Craig Lee Smith left Lpf Advisors, Llc for Lpl Financial Llc (registered 2023-10-06)
    Oct 5, 2023 · Advisor changed firm · fact
  • Ann Debbie Bectal (Chief Compliance Officer) appeared on Schedule A of Lpf Advisors, Llc
    Feb 23, 2023 · Control person joined · fact
  • Andrew Mark Lurz (Member) no longer on Schedule A of Lpf Advisors, Llc (listed 2020-01-31, absent 2020-03-18)
    Mar 18, 2020 · Control person left · inference
  • Lpf Advisors, Llc filed its initial SEC registration (Form ADV)
    Jul 27, 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.
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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026