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

I••••••••• D••••• A•••••••• L••

Independent wealth managerCarlsbad, CaliforniaCRD 299589SEC 801-114418websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Nov 9, 2018 · 20 filings
SEC status approved since Dec 17, 2018
RAUM
$882M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$842M individuals and HNW
Advisors
16
registered through the firm on IAPD
RAUM per advisor
$55.1M
derived; firm RAUM over IAPD count
Employees
22
11 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$882M as of Mar 31, 2026
Feb 5, 2019$536M then
HNW client RAUM$771M as of Mar 31, 2026
Feb 5, 2019$302M then
State-registered IARs (5.B.3)14 as of Mar 31, 2026
Feb 5, 201917 then
Employees (5.A)22 as of Mar 31, 2026
Feb 5, 201919 then
Private funds: no history
RAUM +6.5% over the last fiscal year+2.9% a year over threeIARs 15 to 14offices 2 to 1
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
$55.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
41derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.8MderivedHNW RAUM over HNW clients
Average account
$1.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
8.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+6.5%derivedbetween the last two annual amendments
Advisor growth, one year
-6.7%derivedItem 5.B.3 between annual amendments
Client growth, one year
-25%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, pension consulting, educational seminarsreportedItem 5.G
Custody
$284M, 306 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
  • is an insurance broker or agent (6.A.6)
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$771M87%
  • Individuals$70.5M8.0%
  • Investment companies$29.5M3.3%
  • Pension and profit-sharing plans$5.5M0.6%
  • Corporations and businesses$4.4M0.5%
  • Charitable organizations$891,0250.1%
Individual clients
228reported
HNW clients
421reported
Pension plan clients
4reported
Charitable clients
2reported
Accounts
659reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$284M for 306 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.95 fund_share=0.03 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
16 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••••• E••••• P•••••••Carlsbad, CaJan 3, 201915 y3
A••• K•••••••••Certified Financial PlannerCarlsbad, CaJan 3, 201914 y1
S••••• B••••• W••••••Carlsbad, CaApr 7, 20219 y0
D•••• B•••••• R••••Certified Financial PlannerCarlsbad, CaJan 24, 202211 y0
B•••• C•••••••• P•••••••Carlsbad, CaMay 19, 202314 y0
D•••• L•••Murrieta, Ca Aug 23, 202319 y0
C••• J•••••• G••••••••Personal Financial SpecialistCarlsbad, Ca Oct 19, 202327 y3
T••••• O••••••••Carlsbad, CaJan 1, 202511 y1
D•••• J•••• W••••••••Certified Financial PlannerSummerland Key, Fl Jan 1, 202525 y5
J••••• E•••••••• C••••••••Carlsbad, CaApr 28, 202517 y3
B••••••• N••••• P•••••Carlsbad, CaJan 9, 202614 y1
J•••• R•••••• L•••••Certified Financial PlannerCarlsbad, CaJan 12, 202629 y5
M••••• P•••••••Carlsbad, CaJan 23, 202610 y0
S••••• D•••••Carlsbad, CaApr 9, 202614 y0
H••••• P•••••• D•••••Certified Financial Planner, Chartered Financial AnalystCarlsbad, CaMay 14, 202612 y2
M••••••• R••••Carlsbad, CaJul 17, 202612 y0
Advisor movement
1 left, 3 joined in 12 months
net +2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 6.3% 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
  • C••••••••• J•••••• E•••••••• · Chief Compliance Officercontrol
    since 11/2018 · owns less than 5%
  • K••••••••• A••• · Presidentcontrol
    since 11/2018 · owns less than 5%
  • L•••••• J••••• R•••••• · Founder & Ceocontrol
    since 11/2018 · owns less than 5%
  • L•••••• J••••• R•••••• · Founder & Ceocontrol
    since 06/2009 · owns 75% or more of L••••• W••••• M••••••••• L••
Entity owners
  • L••••• W••••• M••••••••• L•• · Majority Owner
    direct · owns 75% or more
Related persons
Schedule D 7.A
  • I•• T••• L••
    insurancey
  • I••••••••• D••••• I•••••••• S••••••••
    real estaten
  • I••••••• R••• E••••• P•••••••• L••
    pooled vehicle sponsorn
Advisers that list I••••••••• D••••• A•••••••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Carlsbad, Ca · principal1661
Murrieta, Ca200
Offices
Schedule D 1.F, the 25 largest
  • Fort Worth, TX2 employees
  • Murrieta, CA2 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • clients down average size upCombination · filing Mar 31, 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 $828,210,292 to $881,932,987, advisors 15 to 14, private clients 868 to 649, offices 2 to 1 (2025-03-28 to 2026-03-31)
    peers: independent wealth managers, $500M to $1B (1,482)
What changed
consecutive filings, newest first
  • Accounts · 879 to 659
    Jan 24, 2026 to Mar 31, 2026
  • Advisory employees · 13 to 11
    Jan 24, 2026 to Mar 31, 2026
  • Advisory activities · 5 to 6
    Jan 24, 2026 to Mar 31, 2026
  • Corporate clients · 7 to 4
    Jan 24, 2026 to Mar 31, 2026
  • HNW clients · 436 to 421
    Jan 24, 2026 to Mar 31, 2026
  • Individual clients · 432 to 228
    Jan 24, 2026 to Mar 31, 2026
  • Assets in custody · $294M to $284M
    Jan 24, 2026 to Mar 31, 2026
  • Employees · 24 to 22
    Jan 24, 2026 to Mar 31, 2026
  • State-registered IARs · 15 to 14
    Jan 24, 2026 to Mar 31, 2026
  • Discretionary RAUM · $828M to $882M
    Jan 24, 2026 to Mar 31, 2026
  • HNW RAUM · $742M to $771M
    Jan 24, 2026 to Mar 31, 2026
  • Individual RAUM · $72.9M to $70.5M
    Jan 24, 2026 to Mar 31, 2026
  • Pension RAUM · $7.1M to $5.5M
    Jan 24, 2026 to Mar 31, 2026
  • RAUM · $828M to $882M
    Jan 24, 2026 to Mar 31, 2026
  • Other offices · 2 to 1
    Sep 11, 2025 to Dec 9, 2025
  • Accounts · 1,002 to 879
    Sep 26, 2024 to Mar 28, 2025
  • Advisory employees · 12 to 13
    Sep 26, 2024 to Mar 28, 2025
  • Charity clients · 4 to 2
    Sep 26, 2024 to Mar 28, 2025
  • HNW clients · 299 to 436
    Sep 26, 2024 to Mar 28, 2025
  • Individual clients · 566 to 432
    Sep 26, 2024 to Mar 28, 2025
  • Pension plan clients · 9 to 4
    Sep 26, 2024 to Mar 28, 2025
  • Assets in custody · $380M to $294M
    Sep 26, 2024 to Mar 28, 2025
  • Employees · 17 to 24
    Sep 26, 2024 to Mar 28, 2025
  • Financial planning clients · 251-500 to 251-500
    Sep 26, 2024 to Mar 28, 2025
  • State-registered IARs · 13 to 15
    Sep 26, 2024 to Mar 28, 2025
  • Discretionary RAUM · $978M to $828M
    Sep 26, 2024 to Mar 28, 2025
  • HNW RAUM · $716M to $742M
    Sep 26, 2024 to Mar 28, 2025
  • Individual RAUM · $200M to $72.9M
    Sep 26, 2024 to Mar 28, 2025
  • Pension RAUM · $26.8M to $7.1M
    Sep 26, 2024 to Mar 28, 2025
  • RAUM · $978M to $828M
    Sep 26, 2024 to Mar 28, 2025
  • Advisory employees · 16 to 12
    Mar 23, 2024 to Sep 26, 2024
  • Employees · 18 to 17
    Mar 23, 2024 to Sep 26, 2024
  • Insurance-licensed employees · 4 to 0
    Mar 23, 2024 to Sep 26, 2024
  • State-registered IARs · 17 to 13
    Mar 23, 2024 to Sep 26, 2024
  • Other offices · 3 to 2
    Mar 23, 2024 to Sep 26, 2024
  • Related adviser · true to false
    Mar 23, 2024 to Sep 26, 2024
  • Accounts · 1,009 to 1,002
    Jul 27, 2023 to Mar 23, 2024
  • Advisory employees · 15 to 16
    Jul 27, 2023 to Mar 23, 2024
  • BD registered reps · 2 to 0
    Jul 27, 2023 to Mar 23, 2024
  • Charity clients · 6 to 4
    Jul 27, 2023 to Mar 23, 2024
Signals
15 dated events
  • B••••• J••• M•••••• left I••••••••• D••••• A•••••••• L•• for M•••••• F•••••••• S••••••••• (registered 2025-10-17)
    Nov 14, 2025 · Advisor changed firm · fact
  • Anthony James Pupillo (Minority Owner) no longer on Schedule A of I••••••••• D••••• A•••••••• L•• (listed 2024-03-23, absent 2024-09-26)
    Sep 26, 2024 · Control person left · inference
  • R••••••• R••• H••• left I••••••••• D••••• A•••••••• L•• for A•••• I••••••••• P•••••••• L•• (registered 2024-11-22)
    Sep 19, 2024 · Advisor changed firm · fact
  • D••••• A••• E•••• left I••••••••• D••••• A•••••••• L•• for L••••••••• L•• (registered 2019-05-29)
    Sep 18, 2024 · Advisor changed firm · fact
  • D•••• B•••••••• left I••••••••• D••••• A•••••••• L•• for L••••••••• L•• (registered 2019-05-29)
    Sep 18, 2024 · Advisor changed firm · fact
  • F•••• G•••••• left I••••••••• D••••• A•••••••• L•• for N•••••• A••••••• (registered 2024-09-18)
    Sep 18, 2024 · Advisor changed firm · fact
  • J•••• A•••••• P•••••• left I••••••••• D••••• A•••••••• L•• for N•••••• A••••••• (registered 2024-09-18)
    Sep 18, 2024 · Advisor changed firm · fact
  • 2 advisors left I••••••••• D••••• A•••••••• L•• (Carlsbad, CA) for N•••••• A••••••• on the same day
    Sep 18, 2024 · Team lift-out · derived
  • 2 advisors left I••••••••• D••••• A•••••••• L•• (Carlsbad, CA) for L••••••••• L•• on the same day
    Sep 18, 2024 · Team lift-out · derived
  • L•••• D••• R••••• left I••••••••• D••••• A•••••••• L•• for N•••••• W•••••• L•• (registered 2026-05-21)
    Feb 7, 2024 · Advisor changed firm · fact
  • T••• E••••• W•••••• left I••••••••• D••••• A•••••••• L•• for E•••••••• F•••••••• S••••••• (registered 2024-08-01)
    Sep 5, 2023 · Advisor changed firm · fact
  • A••••• P•••••• G•••• left I••••••••• D••••• A•••••••• L•• for K•••• A••••••• R•••••• I••••••••• M••••••••• L•• (registered 2023-04-20)
    Mar 31, 2023 · Advisor changed firm · fact
  • I••••••••• D••••• A•••••••• L•• reported 5 offices beyond its principal office, up from 0 (2019-01-03 to 2019-02-05)
    Feb 5, 2019 · Office count change · derived
  • I••••••••• D••••• A•••••••• L•• reported 17 state-registered advisory representatives, up from 3 (2019-01-03 to 2019-02-05)
    Feb 5, 2019 · Advisor headcount change · derived
  • I••••••••• D••••• A•••••••• L•• filed its initial SEC registration (Form ADV)
    Nov 9, 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
Firm profile
LINKEDIN.COM/COMPANY/IDAWEALTHreportedpublic record, Form ADV, Sep 18, 2026
Website
IDAWEALTH.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(888) 401-2083reportedpublic record, Form ADV, Mar 31, 2026
Team page
IDAWEALTH.COM/teamreportedpublished by the firm, firm site, Sep 15, 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
$55.1Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026