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

Level Four Capital Management

Independent wealth managerDallas, TexasCRD 304792SEC 801-117681websiteIAPD
Latest filing Sep 11, 2026
First filing on the tape Oct 25, 2019 · 24 filings
SEC status approved since Nov 22, 2019
RAUM
$1.4B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
85%
$1.2B individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$230M
derived; firm RAUM over IAPD count
Employees
9
8 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$1.4B as of Jul 20, 2026
Mar 31, 2020$770M then
HNW client RAUM$809M as of Jul 20, 2026
Mar 31, 2020$353M then
State-registered IARs (5.B.3)8 as of Jul 20, 2026
Mar 31, 20208 then
Employees (5.A)9 as of Jul 20, 2026
Mar 31, 20209 then
Private funds: no history
RAUM +12% over the last fiscal year+21% a year over threeIARs 9 to 8
Practice profile
derived from the filing of Sep 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
RAUM per advisor
$230MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
555derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$656,313derivedHNW RAUM over HNW clients
Average account
$391,023derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
3.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
3.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
-11%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.1%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, selection of other advisers, educational seminarsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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)
  • a related person acts as qualified custodian (9.D.2)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$809M59%
  • Individuals$361M26%
  • Corporations and businesses$167M12%
  • Pension and profit-sharing plans$34.3M2.5%
  • Charitable organizations$10.3M0.7%
Individual clients
2,094reported
HNW clients
1,233reported
Pension plan clients
96reported
Charitable clients
19reported
Accounts
3,533reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $1.0B managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.85 fund_share=0.0 institutional_share=0.03 related_bd=true related_bank=false bd_reps=7.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
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
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Brent George Morton · Chief Operating Officercontrol
    since 06/2019 · owns less than 5%
  • Jacob Edmon Tomes · President/Ceocontrol
    since 06/2019 · owns less than 5%
  • Britt Woods · President - Level Four Group, LLCcontrol
    since 08/2026 · owns less than 5%
  • Marie Jill Zacha · Chief Compliance Officer, Corporate Counselcontrol
    since 06/2019 · owns less than 5%
Entity owners
  • Level Four Group, LLC · Member
    direct · owns 75% or more
  • Carr, Riggs & Ingram Capital, LLC · Member
    indirect · owns 75% or more of Level Four Group, LLC
  • Ccp Feeder I-Cri, LLC · Limited Partner
    indirect · owns 25% to 50% of Ccp V Aiv I, L.P.
  • Ccp V Aiv I Holdings - Cri, L.P. · Member
    indirect · owns 75% or more of Ccp Feeder I-Cri, LLC
  • Ccp V Aiv I, L.P. · Limited Partner
    indirect · owns 75% or more of Ccp V Cri Aggregator L.P.
  • Ccp V Cri Aggregator L.P. · Member
    indirect · owns 25% to 50% of Cri Advisors, LLC
  • Cri Advisors, LLC · Member
    indirect · owns 75% or more of Cri Group, LLC
  • Cri Group, LLC · Member
    indirect · owns 75% or more of Carr, Riggs & Ingram Capital, LLC
Related persons
Schedule D 7.A
Advisers that list Level Four Capital Management as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Dallas, Tx · principal510
Offices
Schedule D 1.F, the 25 largest
  • Greenville, NC1 employees
ADV anomalies
5 against comparable advisers; where to look, not conclusions
  • unusually high clients per advisorStatic outlier · filing Sep 11, 2026
    private clients per advisor of 554.5 against a peer median of 64.8 (1150 comparable advisers, 99.0th percentile, 11.9 robust deviations)
    peers: independent wealth managers, $1B to $5B (1,150) · 99% percentile
  • control person changedChange between filings · filing Sep 11, 2026
    WOODS, BRITT (PRESIDENT - LEVEL FOUR GROUP, LLC) appeared on Schedule A between the filings of 2024-12-16 and 2026-09-11
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Sep 11, 2026
    TOMES, EDMON, JACOB (PRESIDENT/CEO) left Schedule A between the filings of 2024-12-16 and 2026-09-11
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Sep 11, 2026
    MORTON, GEORGE, BRENT (CHIEF OPERATING OFFICER) left Schedule A between the filings of 2024-12-16 and 2026-09-11
    peers: independent wealth managers, $1B to $5B (1,360)
  • HNW share shiftChange between filings · filing Mar 30, 2026
    HNW share of RAUM moved from 39.0% to 59.0% between the annual amendments of 2025-03-27 and 2026-03-30
    peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
  • Financial planning clients · 0 to 0
    Jul 20, 2026 to Sep 11, 2026
  • Succession · false to unset
    Jul 20, 2026 to Sep 11, 2026
  • Accounts · 3,352 to 3,533
    Dec 19, 2025 to Mar 30, 2026
  • Advisory employees · 9 to 8
    Dec 19, 2025 to Mar 30, 2026
  • BD registered reps · 6 to 7
    Dec 19, 2025 to Mar 30, 2026
  • Charity clients · 17 to 19
    Dec 19, 2025 to Mar 30, 2026
  • Corporate clients · 87 to 91
    Dec 19, 2025 to Mar 30, 2026
  • HNW clients · 536 to 1,233
    Dec 19, 2025 to Mar 30, 2026
  • Individual clients · 2,659 to 2,094
    Dec 19, 2025 to Mar 30, 2026
  • Pension plan clients · 50 to 96
    Dec 19, 2025 to Mar 30, 2026
  • State-registered IARs · 9 to 8
    Dec 19, 2025 to Mar 30, 2026
  • Discretionary RAUM · $1.2B to $1.4B
    Dec 19, 2025 to Mar 30, 2026
  • HNW RAUM · $479M to $809M
    Dec 19, 2025 to Mar 30, 2026
  • Individual RAUM · $608M to $361M
    Dec 19, 2025 to Mar 30, 2026
  • Pension RAUM · $23.6M to $34.3M
    Dec 19, 2025 to Mar 30, 2026
  • RAUM · $1.2B to $1.4B
    Dec 19, 2025 to Mar 30, 2026
  • Wrap assets (manager) · $1.2B to $1.0B
    Dec 19, 2025 to Mar 30, 2026
  • Financial planning clients · 0 to 0
    Mar 27, 2025 to Sep 12, 2025
  • Accounts · 3,027 to 3,352
    Dec 16, 2024 to Mar 27, 2025
  • Advisory employees · 10 to 9
    Dec 16, 2024 to Mar 27, 2025
  • Charity clients · 9 to 17
    Dec 16, 2024 to Mar 27, 2025
  • Corporate clients · 24 to 87
    Dec 16, 2024 to Mar 27, 2025
  • HNW clients · 203 to 536
    Dec 16, 2024 to Mar 27, 2025
  • Individual clients · 1,253 to 2,659
    Dec 16, 2024 to Mar 27, 2025
  • Pension plan clients · 11 to 50
    Dec 16, 2024 to Mar 27, 2025
  • Assets in custody · 17753853.0 to unset
    Dec 16, 2024 to Mar 27, 2025
  • Employees · 10 to 9
    Dec 16, 2024 to Mar 27, 2025
  • Insurance-licensed employees · 7 to 8
    Dec 16, 2024 to Mar 27, 2025
  • State-registered IARs · 7 to 9
    Dec 16, 2024 to Mar 27, 2025
  • Discretionary RAUM · $1.0B to $1.2B
    Dec 16, 2024 to Mar 27, 2025
  • HNW RAUM · $316M to $479M
    Dec 16, 2024 to Mar 27, 2025
  • Individual RAUM · $632M to $608M
    Dec 16, 2024 to Mar 27, 2025
  • Pension RAUM · $10.9M to $23.6M
    Dec 16, 2024 to Mar 27, 2025
  • RAUM · $1.0B to $1.2B
    Dec 16, 2024 to Mar 27, 2025
  • Wrap assets (manager) · $701M to $1.2B
    Dec 16, 2024 to Mar 27, 2025
  • Accounts · 2,771 to 3,027
    Oct 9, 2023 to Mar 27, 2024
  • Charity clients · 6 to 9
    Oct 9, 2023 to Mar 27, 2024
  • Corporate clients · 17 to 24
    Oct 9, 2023 to Mar 27, 2024
  • HNW clients · 180 to 203
    Oct 9, 2023 to Mar 27, 2024
  • Individual clients · 1,165 to 1,253
    Oct 9, 2023 to Mar 27, 2024
Signals
3 dated events
  • Level Four Capital Management reported RAUM $1.0B, up 29% from $784.4M (2023-10-09 to 2024-03-27)
    Mar 27, 2024 · RAUM change · derived
  • Maryam Alyce Houston left Level Four Capital Management for Good Life Advisors, Llc (registered 2021-09-07)
    Feb 15, 2022 · Advisor changed firm · fact
  • Level Four Capital Management filed its initial SEC registration (Form ADV)
    Oct 25, 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 phone
817-360-7476reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
866-834-1040reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
919-988-6220reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/levelfourgroupreportedpublic record, Form ADV, Sep 17, 2026
Website
levelfourgroup.com/lfcmreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
866-834-1040reportedpublic record, Form ADV, Sep 11, 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
$230Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026