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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

S••••••••• M•••• M••••••••• L••

Independent wealth managerSan Antonio, TexasCRD 304033SEC 801-117271websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Jul 31, 2019 · 13 filings
SEC status approved since Sep 12, 2019
RAUM
$48.3M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$48.3M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$48.3M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$48.3M as of Mar 30, 2026
Mar 30, 2020$0 then
HNW client RAUM$48.3M as of Mar 30, 2026
Mar 30, 2020$0 then
State-registered IARs (5.B.3)2 as of Mar 30, 2026
Mar 30, 20202 then
Employees (5.A)3 as of Mar 30, 2026
Mar 30, 20203 then
Private funds: no history
RAUM +6.5% over the last fiscal year+182% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$48.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$2.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%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
+6.5%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$48.3M100%
Individual clients
n/areported
HNW clients
19reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
19reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
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
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
F••••• D•••• K•••San Antonio, TxDec 10, 201921 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
    Every departureEvery arrival
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • B••••••• S••••• · Founder, Ceo And Chairman Of B•••••• C•••••• C••••control
      since 10/2000 · owns 75% or more of B•••••• C•••••• C••••
    • L••••• B•••• · Chief Compliance Officer
      since 07/2019 · owns less than 5%
    Entity owners
    • B•••••• C•••••• C•••• · Parent Company Of S••••••••• M•••• M••••••••• L••
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 17 to 19
      Mar 25, 2025 to Mar 30, 2026
    • HNW clients · 17 to 19
      Mar 25, 2025 to Mar 30, 2026
    • Discretionary RAUM · $45.4M to $48.3M
      Mar 25, 2025 to Mar 30, 2026
    • HNW RAUM · $45.4M to $48.3M
      Mar 25, 2025 to Mar 30, 2026
    • RAUM · $45.4M to $48.3M
      Mar 25, 2025 to Mar 30, 2026
    • Financial planning clients · 11-25 to 11-25
      Mar 28, 2024 to Mar 25, 2025
    • Discretionary RAUM · $40.1M to $45.4M
      Mar 28, 2024 to Mar 25, 2025
    • HNW RAUM · $40.1M to $45.4M
      Mar 28, 2024 to Mar 25, 2025
    • RAUM · $40.1M to $45.4M
      Mar 28, 2024 to Mar 25, 2025
    • Discretionary RAUM · $2.2M to $40.1M
      Mar 31, 2023 to Mar 28, 2024
    • HNW RAUM · $2.2M to $40.1M
      Mar 31, 2023 to Mar 28, 2024
    • RAUM · $2.2M to $40.1M
      Mar 31, 2023 to Mar 28, 2024
    • Accounts · 15 to 17
      Mar 31, 2023 to Mar 28, 2024
    • HNW clients · 15 to 17
      Mar 31, 2023 to Mar 28, 2024
    • Financial planning clients · 0 to 11-25
      Mar 31, 2023 to Mar 28, 2024
    • Accounts · 4 to 15
      Mar 30, 2022 to Mar 31, 2023
    • HNW clients · unset to 15.0
      Mar 30, 2022 to Mar 31, 2023
    • Discretionary RAUM · $1.6M to $2.2M
      Mar 30, 2022 to Mar 31, 2023
    • HNW RAUM · $1.6M to $2.2M
      Mar 30, 2022 to Mar 31, 2023
    • RAUM · $1.6M to $2.2M
      Mar 30, 2022 to Mar 31, 2023
    • Accounts · unset to 4.0
      Mar 31, 2021 to Mar 30, 2022
    • Advisory activities · 1 to 2
      Mar 31, 2021 to Mar 30, 2022
    • Discretionary RAUM · unset to 1570270.0
      Mar 31, 2021 to Mar 30, 2022
    • HNW RAUM · $0 to $1.6M
      Mar 31, 2021 to Mar 30, 2022
    • Non-discretionary RAUM · unset to 0.0
      Mar 31, 2021 to Mar 30, 2022
    • RAUM · unset to 1570270.0
      Mar 31, 2021 to Mar 30, 2022
    • Accounts · 0.0 to unset
      Dec 23, 2020 to Mar 31, 2021
    • Financial planning clients · unset to 0
      Dec 23, 2020 to Mar 31, 2021
    • Discretionary RAUM · 0.0 to unset
      Dec 23, 2020 to Mar 31, 2021
    • Non-discretionary RAUM · 0.0 to unset
      Dec 23, 2020 to Mar 31, 2021
    • RAUM · 0.0 to unset
      Dec 23, 2020 to Mar 31, 2021
    • Insurance-licensed employees · 1 to 2
      Aug 13, 2019 to Mar 30, 2020
    Signals
    2 dated events
    • Sardar Biglari (Founder, Ceo And Chairman Of B•••••• C•••••• C••••) appeared on Schedule A of S••••••••• M•••• M••••••••• L••
      Aug 13, 2019 · Control person joined · fact
    • S••••••••• M•••• M••••••••• L•• filed its initial SEC registration (Form ADV)
      Jul 31, 2019 · 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
    i•••@s•••••••••.comreportedpublished by the firm, firm site, Sep 16, 2026
    Website
    s•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
    Principal office phone
    210-344-3400reportedpublic record, Form ADV, Mar 30, 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
    $48.3Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026