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

Cwm Advisory, LLC

Independent wealth managerOcean Pines, MarylandCRD 299923SEC 801-135493websiteIAPD
Latest filing Jun 23, 2026
First filing on the tape Feb 4, 2026 · 3 filings
SEC status approved since Mar 6, 2026
RAUM
$101M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
100%
$101M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$33.7M
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
3 filings and snapshots on the tape
RAUM$101M as of Jun 23, 2026
Feb 4, 2026$101M then
HNW client RAUM$60.9M as of Jun 23, 2026
Feb 4, 2026$60.9M then
State-registered IARs (5.B.3)3 as of Jun 23, 2026
Feb 4, 20263 then
Employees (5.A)6 as of Jun 23, 2026
Feb 4, 20266 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Jun 23, 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
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$33.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
81derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.8MderivedHNW RAUM over HNW clients
Average account
$180,633derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, pension consulting, selection of other advisersreportedItem 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
  • 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$60.9M60%
  • Individuals$40.1M40%
Individual clients
209reported
HNW clients
34reported
Pension plan clients
5reported
Charitable clients
0reported
Accounts
559reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
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
Harold Lynn CarmeanOcean Pines, Md Apr 26, 201927 y3
Tristan L JacobiCertified Financial PlannerOcean Pines, Md Apr 29, 201911 y1
Jordan Rae TalbertCertified Financial PlannerOcean Pines, Md Apr 26, 202410 y0
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 headcount1 left over 36 months
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
    • Lynn Harold Carmean · President & Managing Member & Chief Compliance Officercontrol
      since 11/2018 · owns 75% or more
    • L Tristan Jacobi · Managing Partnercontrol
      since 01/2024 · owns 10% to 25%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Ocean Pines, Md · principal300
    Punta Gorda, Fl300
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Other offices · 0 to 1
      Feb 4, 2026 to Apr 29, 2026
    Signals
    2 dated events
    • Kimberly Beth Thomas left Cwm Advisory, Llc for Thrive Capital Management, Llc (registered 2024-06-07)
      Mar 31, 2024 · Advisor changed firm · fact
    • Laura Elizabeth Balback left Cwm Advisory, Llc for Dfpg Investments, Llc (registered 2023-01-12)
      Jan 10, 2023 · Advisor changed firm · 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/creative-wealth-managementreportedpublic record, Form ADV, Sep 17, 2026
    Website
    mycwmanagement.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    (410) 208-1091reportedpublic record, Form ADV, Jun 23, 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
    $33.7Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026