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

P•••• W••••• L••

Independent wealth managerPortland, OregonCRD 299508SEC 801-121119websiteIAPD
Latest filing Aug 20, 2026
First filing on the tape Apr 1, 2021 · 10 filings
SEC status approved since May 3, 2021
RAUM
$156M
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
99%
$155M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$156M
derived; firm RAUM over IAPD count
Employees
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$156M as of Aug 20, 2026
Mar 31, 2022$132M then
HNW client RAUM$132M as of Aug 20, 2026
Mar 31, 2022$120M then
State-registered IARs (5.B.3)2 as of Aug 20, 2026
Mar 31, 20222 then
Employees (5.A)3 as of Aug 20, 2026
Mar 31, 20222 then
Private funds: no history
RAUM +4.8% over the last fiscal year+12% a year over threeIARs 2 to 2offices 1 to 0
Practice profile
derived from the filing of Aug 20, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$156MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
105derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.9MderivedHNW RAUM over HNW clients
Average account
$463,933derivedRAUM over accounts (5.F.2.f)
Discretionary
95%derivedof RAUM
Institutional
0.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+4.8%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-22%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$132M84%
  • Individuals$22.9M15%
  • Charitable organizations$1.1M0.7%
  • Corporations and businesses$512,1610.3%
  • Other investment advisers$33,5530.0%
Individual clients
59reported
HNW clients
46reported
Pension plan clients
n/areported
Charitable clients
11reported
Accounts
337reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
K••• L••• A••••Certified Financial PlannerPortland, OrJan 17, 201934 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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • A••••• K•••• L••• · Managing Member/Chief Compliance Officercontrol
    since 01/2019 · owns 75% or more
  • C•••• G•••••••• L•••• · Member
    since 01/2019 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • clients down average size upCombination · filing Mar 27, 2026
    private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $149,125,507 to $156,345,588, advisors 2 to 2, private clients 135 to 105, offices 1 to 1 (2025-03-12 to 2026-03-27)
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Advisory employees · 2 to 1
    Mar 27, 2026 to Aug 20, 2026
  • Employees · 4 to 3
    Mar 27, 2026 to Aug 20, 2026
  • Other offices · 1 to 0
    Mar 27, 2026 to Aug 20, 2026
  • Accounts · 338 to 337
    Mar 12, 2025 to Mar 27, 2026
  • Advisory activities · 2 to 3
    Mar 12, 2025 to Mar 27, 2026
  • Charity clients · 10 to 11
    Mar 12, 2025 to Mar 27, 2026
  • HNW clients · 60 to 46
    Mar 12, 2025 to Mar 27, 2026
  • Individual clients · 75 to 59
    Mar 12, 2025 to Mar 27, 2026
  • Financial planning clients · 1-10 to 101-250
    Mar 12, 2025 to Mar 27, 2026
  • Discretionary RAUM · $140M to $149M
    Mar 12, 2025 to Mar 27, 2026
  • HNW RAUM · $122M to $132M
    Mar 12, 2025 to Mar 27, 2026
  • Individual RAUM · $25.0M to $22.9M
    Mar 12, 2025 to Mar 27, 2026
  • Non-discretionary RAUM · $9.2M to $7.2M
    Mar 12, 2025 to Mar 27, 2026
  • RAUM · $149M to $156M
    Mar 12, 2025 to Mar 27, 2026
  • Accounts · 337 to 338
    Nov 6, 2024 to Mar 12, 2025
  • Charity clients · 8 to 10
    Nov 6, 2024 to Mar 12, 2025
  • HNW clients · 44 to 60
    Nov 6, 2024 to Mar 12, 2025
  • Individual clients · 69 to 75
    Nov 6, 2024 to Mar 12, 2025
  • Employees · 3 to 4
    Nov 6, 2024 to Mar 12, 2025
  • Financial planning clients · 1-10 to 1-10
    Nov 6, 2024 to Mar 12, 2025
  • Discretionary RAUM · $128M to $140M
    Nov 6, 2024 to Mar 12, 2025
  • HNW RAUM · $108M to $122M
    Nov 6, 2024 to Mar 12, 2025
  • Individual RAUM · $25.2M to $25.0M
    Nov 6, 2024 to Mar 12, 2025
  • Non-discretionary RAUM · $5.8M to $9.2M
    Nov 6, 2024 to Mar 12, 2025
  • RAUM · $134M to $149M
    Nov 6, 2024 to Mar 12, 2025
  • Accounts · 291 to 337
    Dec 4, 2023 to Mar 25, 2024
  • Charity clients · 7 to 8
    Dec 4, 2023 to Mar 25, 2024
  • HNW clients · 62 to 44
    Dec 4, 2023 to Mar 25, 2024
  • Individual clients · 57 to 69
    Dec 4, 2023 to Mar 25, 2024
  • Assets in custody · 9693187.0 to unset
    Dec 4, 2023 to Mar 25, 2024
  • Custody of client assets · true to false
    Dec 4, 2023 to Mar 25, 2024
  • Employees · 2 to 3
    Dec 4, 2023 to Mar 25, 2024
  • Discretionary RAUM · $107M to $128M
    Dec 4, 2023 to Mar 25, 2024
  • HNW RAUM · $96.8M to $108M
    Dec 4, 2023 to Mar 25, 2024
  • Individual RAUM · $14.0M to $25.2M
    Dec 4, 2023 to Mar 25, 2024
  • Non-discretionary RAUM · $4.7M to $5.8M
    Dec 4, 2023 to Mar 25, 2024
  • RAUM · $111M to $134M
    Dec 4, 2023 to Mar 25, 2024
  • Other offices · 0 to 1
    Nov 2, 2023 to Dec 4, 2023
  • Accounts · 245 to 291
    Mar 31, 2022 to Mar 30, 2023
  • Charity clients · 6 to 7
    Mar 31, 2022 to Mar 30, 2023
Signals
1 dated events
  • P•••• W••••• L•• filed its initial SEC registration (Form ADV)
    Apr 1, 2021 · 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
503-223-2539reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/19161692reportedpublic record, Form ADV, Sep 18, 2026
Website
pearlwealthllc.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(503) 223-2539reportedpublic record, Form ADV, Aug 20, 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
$156Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026