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

Api Financial Advisors, LLC

Independent wealth managerRockledge, FloridaCRD 304586SEC 801-117119websiteIAPD
Latest filing Jul 1, 2026
First filing on the tape Jul 3, 2019 · 40 filings
SEC status approved since Jul 31, 2019
RAUM
$84.7M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$84.7M individuals and HNW
Advisors
13
registered through the firm on IAPD
RAUM per advisor
$6.5M
derived; firm RAUM over IAPD count
Employees
13
13 advisory (5.B.1)
Offices
7
beyond the principal office
Private funds
0
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$84.7M as of Jul 1, 2026
Mar 4, 2021$15.0M then
HNW client RAUM$19.2M as of Jul 1, 2026
Mar 4, 2021$2.3M then
State-registered IARs (5.B.3)13 as of Jul 1, 2026
Feb 28, 20204 then
Employees (5.A)13 as of Jul 1, 2026
Feb 28, 20204 then
Private funds: no history
RAUM +19% over the last fiscal year+41% a year over threeIARs 15 to 13offices 4 to 7
Practice profile
derived from the filing of Jul 1, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$6.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
17derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.9MderivedHNW RAUM over HNW clients
Average account
$121,625derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.6derived8 offices incl. principal (1.F.5)
RAUM growth, one year
+19%derivedbetween the last two annual amendments
Advisor growth, one year
-13%derivedItem 5.B.3 between annual amendments
Client growth, one year
-31%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, 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
  • 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
  • Individuals$65.4M77%
  • High-net-worth individuals$19.2M23%
Individual clients
217reported
HNW clients
10reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
696reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourlyreported
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
11 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Ward Paul BrooksRockledge, Fl Sep 12, 201913 y3
Norman Berry TaylorRockledge, FlMay 24, 202314 y1
Nathan BurksFarragut, Tn Jul 22, 202412 y0
Sarah Sierawski PappasRockledge, Fl Nov 26, 202412 y0
Victor TassoneGilbert, Az Dec 16, 202414 y4
Audree BobingerRockledge, Fl Mar 18, 202514 y0
Tim Taylor SmithChartered Financial ConsultantRockledge, Fl Mar 20, 202529 y6
Dustan R ChristensenPalm Harbor, Fl May 6, 202512 y1
Neal Paul QuonTustin, Ca Jul 21, 202525 y3
Rebecca CrossRockledge, Fl Jan 1, 202611 y1
Andrew Raymond ScheirerLake Mary, Fl Mar 5, 202625 y6
Advisor movement
2 left, 2 joined in 12 months
net 0 in 12 months2 left in 90 days1 joined in 90 daysdeparture rate 15% of current headcount3 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
    • Edwin Matthew Myland · Managing Member / Iarcontrol
      since 07/2019 · owns 50% to 75%
    • Conrad Paul Stanley · Managing Member / Iar / Ccocontrol
      since 10/2019 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Rockledge, Fl · principal13421
    Offices
    Schedule D 1.F, the 25 largest
    • Lake Mary, FL1 employees
    • Omaha, NE1 employees
    • St. Augustine, FL1 employees
    • , 1 employees
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • office count surgeChange between filings · filing Apr 22, 2026
      offices other than the principal office (Item 1.F.5) moved from 4.0 to 7.0 (+75.0%) between the annual amendments of 2025-04-08 and 2026-04-22; the peer median change was 0.0% (34 comparable advisers, 100.0th percentile of changes)
      peers: independent wealth managers, under $100M (34) · 100% percentile
    What changed
    consecutive filings, newest first
    • Business name · QUILITY FINANCIAL ADVISORS to API FINANCIAL ADVISORS, LLC
      Mar 28, 2026 to Apr 22, 2026
    • Other offices · 4 to 7
      Mar 28, 2026 to Apr 22, 2026
    • Accounts · 464 to 696
      Aug 4, 2025 to Mar 28, 2026
    • Advisory employees · 10 to 13
      Aug 4, 2025 to Mar 28, 2026
    • HNW clients · 5 to 10
      Aug 4, 2025 to Mar 28, 2026
    • Individual clients · 324 to 217
      Aug 4, 2025 to Mar 28, 2026
    • Employees · 10 to 13
      Aug 4, 2025 to Mar 28, 2026
    • State-registered IARs · 10 to 13
      Aug 4, 2025 to Mar 28, 2026
    • Discretionary RAUM · $71.0M to $84.7M
      Aug 4, 2025 to Mar 28, 2026
    • HNW RAUM · $7.6M to $19.2M
      Aug 4, 2025 to Mar 28, 2026
    • Individual RAUM · $63.4M to $65.4M
      Aug 4, 2025 to Mar 28, 2026
    • RAUM · $71.0M to $84.7M
      Aug 4, 2025 to Mar 28, 2026
    • Advisory employees · 13 to 10
      Jun 23, 2025 to Aug 4, 2025
    • Employees · 13 to 10
      Jun 23, 2025 to Aug 4, 2025
    • Financial planning clients · 0 to 0
      Jun 23, 2025 to Aug 4, 2025
    • State-registered IARs · 13 to 10
      Jun 23, 2025 to Aug 4, 2025
    • Advisory employees · 15 to 13
      Apr 8, 2025 to Jun 23, 2025
    • Employees · 15 to 13
      Apr 8, 2025 to Jun 23, 2025
    • State-registered IARs · 15 to 13
      Apr 8, 2025 to Jun 23, 2025
    • Accounts · 185 to 464
      Dec 2, 2024 to Apr 8, 2025
    • Advisory employees · 6 to 15
      Dec 2, 2024 to Apr 8, 2025
    • BD registered reps · 1 to 0
      Dec 2, 2024 to Apr 8, 2025
    • HNW clients · unset to 5.0
      Dec 2, 2024 to Apr 8, 2025
    • Individual clients · 182 to 324
      Dec 2, 2024 to Apr 8, 2025
    • Employees · 6 to 15
      Dec 2, 2024 to Apr 8, 2025
    • State-registered IARs · 6 to 15
      Dec 2, 2024 to Apr 8, 2025
    • Discretionary RAUM · $44.5M to $71.0M
      Dec 2, 2024 to Apr 8, 2025
    • HNW RAUM · $4.0M to $7.6M
      Dec 2, 2024 to Apr 8, 2025
    • Individual RAUM · $40.5M to $63.4M
      Dec 2, 2024 to Apr 8, 2025
    • RAUM · $44.5M to $71.0M
      Dec 2, 2024 to Apr 8, 2025
    • Related broker-dealer · true to false
      Dec 2, 2024 to Apr 8, 2025
    • Accounts · 382 to 185
      Jun 12, 2023 to Mar 29, 2024
    • Individual clients · 178 to 182
      Jun 12, 2023 to Mar 29, 2024
    • Assets in custody · 16557000.0 to unset
      Jun 12, 2023 to Mar 29, 2024
    • Custody of client assets · true to false
      Jun 12, 2023 to Mar 29, 2024
    • Discretionary RAUM · $30.0M to $44.5M
      Jun 12, 2023 to Mar 29, 2024
    • HNW RAUM · $5.0M to $4.0M
      Jun 12, 2023 to Mar 29, 2024
    • Individual RAUM · $25.0M to $40.5M
      Jun 12, 2023 to Mar 29, 2024
    • RAUM · $30.0M to $44.5M
      Jun 12, 2023 to Mar 29, 2024
    • Other offices · 3 to 4
      May 18, 2023 to Jun 12, 2023
    Signals
    7 dated events
    • Trisha Bernardo Perez left Api Financial Advisors, Llc for Bison Wealth, Llc (registered 2026-08-18)
      Aug 11, 2026 · Advisor changed firm · fact
    • James Joseph Caufield left Api Financial Advisors, Llc for Bison Wealth, Llc (registered 2026-08-19)
      Aug 11, 2026 · Advisor changed firm · fact
    • 2 advisors left Api Financial Advisors, LLC (Rockledge, FL) for Bison Wealth, LLC on the same day
      Aug 11, 2026 · Team lift-out · derived
    • Luther Murlin Sweigert left Api Financial Advisors, Llc for Creativeone Wealth, Llc (registered 2025-08-01)
      Aug 4, 2025 · Advisor changed firm · fact
    • Kurt M Arseneau left Api Financial Advisors, Llc for Prosperity Capital Advisors (registered 2024-06-24)
      Apr 4, 2023 · Advisor changed firm · fact
    • Conrad Paul Stanley (Managing Member / Iar) appeared on Schedule A of Api Financial Advisors, Llc
      Jan 2, 2020 · Control person joined · fact
    • Api Financial Advisors, Llc filed its initial SEC registration (Form ADV)
      Jul 3, 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
    Firm profile
    linkedin.com/company/api-financial-advisors/?viewAsMember=trreportedpublic record, Form ADV, Sep 18, 2026
    Website
    apifinancialadvisors.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    321-888-2599reportedpublic record, Form ADV, Jul 1, 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
    $6.5Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026