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
Tumwater Wealth Management, LLC
Latest filing Aug 11, 2026
First filing on the tape Jan 21, 2020 · 29 filings
SEC status approved since Feb 20, 2020
RAUM
$407M
reported, Item 5.F
Discretionary
86%
of RAUM
Private clients
79%
$320M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$136M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$407M as of Aug 11, 2026
Feb 6, 2020$190M then
HNW client RAUM$272M as of Aug 11, 2026
Feb 6, 2020$98.7M then
State-registered IARs (5.B.3)3 as of Aug 11, 2026
Feb 6, 20201 then
Employees (5.A)5 as of Aug 11, 2026
Feb 6, 20203 then
Private funds: no history
RAUM +16% over the last fiscal year+13% a year over threeIARs 2 to 3
Practice profile
derived from the filing of Aug 11, 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $136MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 95derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.4MderivedHNW RAUM over HNW clients
- Average account
- $463,590derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 86%derivedof RAUM
- Institutional
- 20%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.7derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +16%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, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$272M67%
- Pension and profit-sharing plans$80.9M20%
- Individuals$48.0M12%
- Corporations and businesses$5.9M1.4%
- Insurance companies$5780.0%
- Individual clients
- 171reported
- HNW clients
- 113reported
- Pension plan clients
- 21reported
- Charitable clients
- 0reported
- Accounts
- 877reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.79 fund_share=0.0 institutional_share=0.2 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Benjamin Carl WarrenChartered Financial Analyst | Boise, Id | Feb 26, 2019 | 22 y | 3 |
| Owen Patrick Quast | Boise, Id | Feb 13, 2026 | 10 y | 0 |
| Christopher Hersh | Boise, Id | Aug 5, 2026 | 10 y | 0 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 33% of current headcount2 left over 36 months
Left, latest
- Bryan Christopher Matson to Charles Schwab & Co., Inc.Nov 26, 2025 · RIA to affiliated broker-dealer or bank
- Jackson Scott Yenor to Archer Wealth AdvisorsNov 26, 2023 · RIA to a state-registered adviser
Joined, latest
- Benjamin Carl Warren from Rw Investment Management LLCFeb 26, 2019 · RIA to RIA
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Carl Benjamin Warren · Managing Member & Chief Compliance Officercontrolsince 11/2018 · owns 50% to 75%
- A Kirsten Warren · Membercontrolsince 11/2018 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Boise, Id · principal | 3 | 2 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Advisory employees · 2 to 3Mar 6, 2026 to Aug 11, 2026
- Employees · 4 to 5Mar 6, 2026 to Aug 11, 2026
- State-registered IARs · 2 to 3Mar 6, 2026 to Aug 11, 2026
- Accounts · 875 to 877Feb 19, 2026 to Mar 6, 2026
- Charity clients · 2 to 0Feb 19, 2026 to Mar 6, 2026
- Corporate clients · 3 to 4Feb 19, 2026 to Mar 6, 2026
- HNW clients · 78 to 113Feb 19, 2026 to Mar 6, 2026
- Individual clients · 173 to 171Feb 19, 2026 to Mar 6, 2026
- Pension plan clients · 19 to 21Feb 19, 2026 to Mar 6, 2026
- Discretionary RAUM · $306M to $349MFeb 19, 2026 to Mar 6, 2026
- HNW RAUM · $203M to $272MFeb 19, 2026 to Mar 6, 2026
- Individual RAUM · $61.6M to $48.0MFeb 19, 2026 to Mar 6, 2026
- Non-discretionary RAUM · $43.5M to $57.4MFeb 19, 2026 to Mar 6, 2026
- Pension RAUM · $71.2M to $80.9MFeb 19, 2026 to Mar 6, 2026
- RAUM · $350M to $407MFeb 19, 2026 to Mar 6, 2026
- Advisory employees · 1 to 2Nov 26, 2025 to Feb 19, 2026
- Employees · 3 to 4Nov 26, 2025 to Feb 19, 2026
- State-registered IARs · 1 to 2Nov 26, 2025 to Feb 19, 2026
- Advisory employees · 2 to 1Jul 11, 2025 to Nov 26, 2025
- Employees · 4 to 3Jul 11, 2025 to Nov 26, 2025
- State-registered IARs · 2 to 1Jul 11, 2025 to Nov 26, 2025
- Financial planning clients · 251-500 to 251-500Mar 12, 2025 to Jul 11, 2025
- Accounts · 698 to 875Mar 20, 2024 to Mar 12, 2025
- HNW clients · 92 to 78Mar 20, 2024 to Mar 12, 2025
- Individual clients · 152 to 173Mar 20, 2024 to Mar 12, 2025
- Pension plan clients · 20 to 19Mar 20, 2024 to Mar 12, 2025
- Discretionary RAUM · $268M to $306MMar 20, 2024 to Mar 12, 2025
- HNW RAUM · $182M to $203MMar 20, 2024 to Mar 12, 2025
- Individual RAUM · $45.5M to $61.6MMar 20, 2024 to Mar 12, 2025
- Non-discretionary RAUM · $37.3M to $43.5MMar 20, 2024 to Mar 12, 2025
- Pension RAUM · $61.7M to $71.2MMar 20, 2024 to Mar 12, 2025
- RAUM · $305M to $350MMar 20, 2024 to Mar 12, 2025
- Accounts · 663 to 698Feb 29, 2024 to Mar 20, 2024
- Charity clients · 3 to 2Feb 29, 2024 to Mar 20, 2024
- HNW clients · 73 to 92Feb 29, 2024 to Mar 20, 2024
- Individual clients · 175 to 152Feb 29, 2024 to Mar 20, 2024
- Pension plan clients · 21 to 20Feb 29, 2024 to Mar 20, 2024
- Financial planning clients · 101-250 to 251-500Feb 29, 2024 to Mar 20, 2024
- Discretionary RAUM · $236M to $268MFeb 29, 2024 to Mar 20, 2024
- HNW RAUM · $152M to $182MFeb 29, 2024 to Mar 20, 2024
Signals
3 dated events
- Bryan Christopher Matson left Tumwater Wealth Management, Llc for Charles Schwab & Co., Inc. (registered 2025-12-15)Nov 26, 2025 · Advisor changed firm · fact
- Jackson Scott Yenor left Tumwater Wealth Management, Llc for Archer Wealth Advisors (registered 2024-05-06)Nov 26, 2023 · Advisor changed firm · fact
- Tumwater Wealth Management, Llc filed its initial SEC registration (Form ADV)Jan 21, 2020 · 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 email
- info@tumwaterwealth.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 208-314-2114reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/tumwater-wealth-managementreportedpublic record, Form ADV, Sep 17, 2026
- Website
- tumwaterwealth.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (208) 314-2114reportedpublic record, Form ADV, Aug 11, 2026
- Contact form
- tumwaterwealth.com/contact-pagereportedpublished by the firm, firm site, Sep 16, 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
- $136Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026