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

Babb Wealth Advisors LLC

Independent wealth managerFlagstaff, ArizonaCRD 298347SEC 801-125695websiteIAPD
Latest filing Mar 19, 2026
First filing on the tape Apr 18, 2022 · 23 filings
SEC status approved since May 18, 2022
RAUM
$209M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$209M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$69.8M
derived; firm RAUM over IAPD count
Employees
8
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$209M as of Mar 19, 2026
Mar 11, 2023$106M then
HNW client RAUM$74.3M as of Mar 19, 2026
Mar 11, 2023$52.3M then
State-registered IARs (5.B.3)3 as of Mar 19, 2026
Mar 11, 20233 then
Employees (5.A)8 as of Mar 19, 2026
Mar 11, 20235 then
Private funds: no history
RAUM +49% over the last fiscal year+25% a year over threeIARs 3 to 3offices 0 to 1
Practice profile
derived from the filing of Mar 19, 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$69.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
116derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$917,192derivedHNW RAUM over HNW clients
Average account
$225,926derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.7derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+49%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+13%derived
Compensation
percentage of assets, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Wrap fee program
$193MreportedItem 5.I
Custody
$144M, 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$135M64%
  • High-net-worth individuals$74.3M35%
  • Pension and profit-sharing plans$332,5000.2%
  • Charitable organizations$105,5900.1%
Individual clients
266reported
HNW clients
81reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
927reported
Financial planning clients
101-250reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$144M for 283 clientsreported
Compensation
% of AUMreported
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
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Travis Christopher BabbCertified Financial PlannerFlagstaff, AzOct 19, 201818 y2
Kathleen Marie SchroederCertified Financial PlannerFlagstaff, AzOct 19, 201817 y1
Michael Walsh GormanCertified Financial PlannerFlagstaff, AzJan 8, 202414 y3
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    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
      • Christopher Travis Babb · Managing Membercontrol
        since 07/2018 · owns 75% or more
      • Marie Kathleen Schroeder · Chief Compliance Officercontrol
        since 07/2018 · owns less than 5%
      Related persons
      Schedule D 7.A
      • Babb Financial Group, LLC
        real estatey
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Flagstaff, Az · principal300
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • RAUM up 25 %Change between filings · filing Mar 19, 2026
        RAUM (Item 5.F) moved from $140,938,817 to $209,433,327 (+49.0%) between the annual amendments of 2025-03-31 and 2026-03-19; the peer median change was +15.0% (4550 comparable advisers, 95.0th percentile of changes)
        peers: independent wealth managers, $100M to $500M (4,550) · 95% percentile
      • HNW share shiftChange between filings · filing Mar 19, 2026
        HNW share of RAUM moved from 60.0% to 35.0% between the annual amendments of 2025-03-31 and 2026-03-19
        peers: independent wealth managers, $100M to $500M (5,676)
      What changed
      consecutive filings, newest first
      • Accounts · 810 to 927
        Aug 13, 2025 to Mar 19, 2026
      • Charity clients · 1.0 to unset
        Aug 13, 2025 to Mar 19, 2026
      • HNW clients · 62 to 81
        Aug 13, 2025 to Mar 19, 2026
      • Individual clients · 245 to 266
        Aug 13, 2025 to Mar 19, 2026
      • Pension plan clients · 2.0 to unset
        Aug 13, 2025 to Mar 19, 2026
      • Assets in custody · $92.0M to $144M
        Aug 13, 2025 to Mar 19, 2026
      • Discretionary RAUM · $141M to $209M
        Aug 13, 2025 to Mar 19, 2026
      • HNW RAUM · $84.0M to $74.3M
        Aug 13, 2025 to Mar 19, 2026
      • Individual RAUM · $56.8M to $135M
        Aug 13, 2025 to Mar 19, 2026
      • Non-discretionary RAUM · $0 to $332,500
        Aug 13, 2025 to Mar 19, 2026
      • Pension RAUM · $97,358 to $332,500
        Aug 13, 2025 to Mar 19, 2026
      • RAUM · $141M to $209M
        Aug 13, 2025 to Mar 19, 2026
      • Employees · 6 to 8
        May 21, 2025 to Aug 13, 2025
      • Other offices · 0 to 1
        May 21, 2025 to Aug 13, 2025
      • Advisory activities · 3 to 4
        Mar 31, 2025 to May 21, 2025
      • Financial planning clients · 101-250 to 101-250
        Mar 31, 2025 to May 21, 2025
      • Related insurance company · false to true
        Mar 31, 2025 to May 21, 2025
      • Accounts · 697 to 810
        Aug 27, 2024 to Mar 31, 2025
      • Advisory activities · 2 to 3
        Aug 27, 2024 to Mar 31, 2025
      • HNW clients · 61 to 62
        Aug 27, 2024 to Mar 31, 2025
      • Individual clients · 246 to 245
        Aug 27, 2024 to Mar 31, 2025
      • Pension plan clients · 0 to 2
        Aug 27, 2024 to Mar 31, 2025
      • Assets in custody · $71.9M to $92.0M
        Aug 27, 2024 to Mar 31, 2025
      • Employees · 5 to 6
        Aug 27, 2024 to Mar 31, 2025
      • Financial planning clients · unset to 101-250
        Aug 27, 2024 to Mar 31, 2025
      • Discretionary RAUM · $117M to $141M
        Aug 27, 2024 to Mar 31, 2025
      • HNW RAUM · $69.7M to $84.0M
        Aug 27, 2024 to Mar 31, 2025
      • Individual RAUM · $46.7M to $56.8M
        Aug 27, 2024 to Mar 31, 2025
      • Pension RAUM · $0 to $97,358
        Aug 27, 2024 to Mar 31, 2025
      • RAUM · $117M to $141M
        Aug 27, 2024 to Mar 31, 2025
      • Accounts · 682 to 697
        Jan 11, 2024 to Mar 28, 2024
      • Charity clients · 0 to 1
        Jan 11, 2024 to Mar 28, 2024
      • Corporate clients · 1 to 0
        Jan 11, 2024 to Mar 28, 2024
      • HNW clients · 35 to 61
        Jan 11, 2024 to Mar 28, 2024
      • Individual clients · 286 to 246
        Jan 11, 2024 to Mar 28, 2024
      • Assets in custody · $72.0M to $71.9M
        Jan 11, 2024 to Mar 28, 2024
      • Discretionary RAUM · $106M to $117M
        Jan 11, 2024 to Mar 28, 2024
      • HNW RAUM · $52.3M to $69.7M
        Jan 11, 2024 to Mar 28, 2024
      • Individual RAUM · $51.2M to $46.7M
        Jan 11, 2024 to Mar 28, 2024
      • RAUM · $106M to $117M
        Jan 11, 2024 to Mar 28, 2024
      Signals
      1 dated events
      • Babb Wealth Advisors Llc filed its initial SEC registration (Form ADV)
        Apr 18, 2022 · 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
      babbgroup.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      928-526-2911reportedpublic record, Form ADV, Mar 19, 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
      $69.8Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026