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.

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Former SEC-registered adviser

C•••••••• W••••• A•••••••• L••

Former SEC-registered adviserSalem, OregonCRD 305737SEC 801-117527websiteIAPD
Latest filing Mar 17, 2026
First filing on the tape Sep 23, 2019 · 17 filings
SEC status approved since Oct 21, 2019
RAUM
$202M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$201M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
2 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$202M as of Mar 17, 2026
Feb 14, 2020$193M then
HNW client RAUM$95.2M as of Mar 17, 2026
Feb 14, 2020$77.6M then
State-registered IARs (5.B.3)2 as of Mar 17, 2026
Feb 14, 20204 then
Employees (5.A)5 as of Mar 17, 2026
Feb 14, 20206 then
Private funds: no history
RAUM +9.8% over the last fiscal year+4.2% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 17, 2026; every figure names its basis
RAUM per advisor
$101MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
174derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$245,166derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.5derivedItem 5.A over advisors
Advisors per office
0.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+9.8%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-11%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 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$106M52%
  • High-net-worth individuals$95.2M47%
  • Corporations and businesses$861,4470.4%
Individual clients
306reported
HNW clients
42reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
823reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
2 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • C••••••• M••••••• B••• · Managercontrol
    since 07/2019 · owns less than 5%
  • T•••••• D•••• L•••• · Chief Compliance Officercontrol
    since 07/2019 · owns less than 5%
  • C••••••• M••••••• B••• · Membercontrol
    since 09/2012 · owns 75% or more of C•••••• W••••• A•••••••• P•••
Entity owners
  • C•••••• W••••• A•••••••• P••• · Member
    direct · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Salem, Or · principal001
Buckeye, Az001
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 872 to 823
    Oct 23, 2025 to Mar 17, 2026
  • HNW clients · 60 to 42
    Oct 23, 2025 to Mar 17, 2026
  • Individual clients · 332 to 306
    Oct 23, 2025 to Mar 17, 2026
  • Discretionary RAUM · $184M to $202M
    Oct 23, 2025 to Mar 17, 2026
  • HNW RAUM · $82.7M to $95.2M
    Oct 23, 2025 to Mar 17, 2026
  • Individual RAUM · $100M to $106M
    Oct 23, 2025 to Mar 17, 2026
  • RAUM · $184M to $202M
    Oct 23, 2025 to Mar 17, 2026
  • Financial planning clients · 0 to 0
    Jun 30, 2025 to Oct 23, 2025
  • Accounts · 885 to 872
    Sep 17, 2024 to Mar 19, 2025
  • Individual clients · 445 to 332
    Sep 17, 2024 to Mar 19, 2025
  • Discretionary RAUM · $175M to $184M
    Sep 17, 2024 to Mar 19, 2025
  • HNW RAUM · $66.9M to $82.7M
    Sep 17, 2024 to Mar 19, 2025
  • Individual RAUM · $103M to $100M
    Sep 17, 2024 to Mar 19, 2025
  • RAUM · $175M to $184M
    Sep 17, 2024 to Mar 19, 2025
  • Other offices · 1 to 2
    Mar 26, 2024 to Sep 17, 2024
  • Accounts · 985 to 885
    Sep 16, 2023 to Mar 26, 2024
  • HNW clients · 68 to 60
    Sep 16, 2023 to Mar 26, 2024
  • Individual clients · 480 to 445
    Sep 16, 2023 to Mar 26, 2024
  • Discretionary RAUM · $179M to $175M
    Sep 16, 2023 to Mar 26, 2024
  • HNW RAUM · $69.7M to $66.9M
    Sep 16, 2023 to Mar 26, 2024
  • Individual RAUM · $102M to $103M
    Sep 16, 2023 to Mar 26, 2024
  • RAUM · $179M to $175M
    Sep 16, 2023 to Mar 26, 2024
  • Advisory employees · 3 to 2
    Mar 16, 2023 to Sep 16, 2023
  • Advisory activities · 4 to 3
    Mar 16, 2023 to Sep 16, 2023
  • State-registered IARs · 3 to 2
    Mar 16, 2023 to Sep 16, 2023
  • Wrap assets (manager) · 0.0 to unset
    Mar 16, 2023 to Sep 16, 2023
  • Wrap assets (sponsor) · 0.0 to unset
    Mar 16, 2023 to Sep 16, 2023
  • Accounts · 1,090 to 985
    Oct 10, 2022 to Mar 16, 2023
  • Advisory employees · 4 to 3
    Oct 10, 2022 to Mar 16, 2023
  • HNW clients · 88 to 68
    Oct 10, 2022 to Mar 16, 2023
  • Individual clients · 546 to 480
    Oct 10, 2022 to Mar 16, 2023
  • Employees · 6 to 5
    Oct 10, 2022 to Mar 16, 2023
  • State-registered IARs · 5 to 3
    Oct 10, 2022 to Mar 16, 2023
  • Other offices · 0 to 1
    Oct 10, 2022 to Mar 16, 2023
  • Discretionary RAUM · $215M to $179M
    Oct 10, 2022 to Mar 16, 2023
  • HNW RAUM · $98.0M to $69.7M
    Oct 10, 2022 to Mar 16, 2023
  • Individual RAUM · $110M to $102M
    Oct 10, 2022 to Mar 16, 2023
  • Non-discretionary RAUM · $2.7M to $0
    Oct 10, 2022 to Mar 16, 2023
  • RAUM · $218M to $179M
    Oct 10, 2022 to Mar 16, 2023
  • Accounts · 1,156 to 1,090
    Aug 20, 2021 to Mar 22, 2022
Signals
7 dated events
  • C•••••••• W••••• A•••••••• L•• no longer on the SEC adviser roster (last listed 2026-08-03, RAUM $201.8M)
    Sep 1, 2026 · Left the SEC roster · derived
  • C••••• M• C•••••• left C•••••••• W••••• A•••••••• L•• for E• W••••• A••••••• (registered 2026-01-09)
    Jul 21, 2026 · Advisor changed firm · fact
  • M•••••• B••• C•••••• left C•••••••• W••••• A•••••••• L•• for E• W••••• A••••••• (registered 2026-01-15)
    Jul 21, 2026 · Advisor changed firm · fact
  • Ray Ronald Boucher (Manager) no longer on Schedule A of C•••••••• W••••• A•••••••• L•• (listed 2023-03-16, absent 2023-09-16)
    Sep 16, 2023 · Control person left · inference
  • D•••••• J• D•••••••• left C•••••••• W••••• A•••••••• L•• for M••••• S•••••• (registered 2022-09-20)
    Sep 7, 2022 · Advisor changed firm · fact
  • Benny Wing Won (Manager) no longer on Schedule A of C•••••••• W••••• A•••••••• L•• (listed 2021-08-20, absent 2022-03-22)
    Mar 22, 2022 · Control person left · inference
  • C•••••••• W••••• A•••••••• L•• filed its initial SEC registration (Form ADV)
    Sep 23, 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.
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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026