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
Graystone Partners Wealth Management, LLC
Latest filing Jul 28, 2026
First filing on the tape Dec 4, 2019 · 38 filings
SEC status approved since Jan 3, 2020
RAUM
$297M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$294M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$99.1M
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
38 filings and snapshots on the tape
RAUM$297M as of Jul 28, 2026
Feb 22, 2021$190M then
HNW client RAUM$214M as of Jul 28, 2026
Feb 22, 2021$129M then
State-registered IARs (5.B.3)2 as of Jul 28, 2026
Feb 22, 20212 then
Employees (5.A)5 as of Jul 28, 2026
Feb 22, 20212 then
Private funds: no history
RAUM -15% over the last fiscal year+14% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Jul 28, 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
- Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
- RAUM per advisor
- $99.1MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 194derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.4MderivedHNW RAUM over HNW clients
- Average account
- $297,869derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.9%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
- -15%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -39%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
- Wrap fee program
- $260MreportedItem 5.I
- Custody
- $112M, 214 clientsreportedItem 9.A
- 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)
- has custody of client cash or bank accounts (9.A.1.a)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$214M72%
- Individuals$80.1M27%
- Charitable organizations$1.4M0.5%
- Pension and profit-sharing plans$1.2M0.4%
- Corporations and businesses$980,8410.3%
- Individual clients
- 425reported
- HNW clients
- 156reported
- Pension plan clients
- 1reported
- Charitable clients
- 1reported
- Accounts
- 998reported
- Financial planning clients
- 0reported
- Wrap fee programs
- $0 sponsored, $0 managedreported
- Custody of client assets
- $112M for 214 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Jerry Ray GrayCertified Financial Planner | Tempe, Az | Jan 17, 2020 | 34 y | 0 |
| Jakeb Ray Bowyer | Tempe, Az | Jun 30, 2025 | 10 y | 0 |
| Robert C. Dyer | Tempe, Az | Sep 10, 2025 | 25 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 headcount1 left over 36 months
Left, latest
- Janette Monica Schwendeman to Private Advisor Group, LLCOct 8, 2025 · RIA to affiliated broker-dealer or bank
Joined, latest
- Janette Monica Schwendeman from LPL Financial LLCJan 14, 2020 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Lee Tracy Bierworth · Chief Compliance Officercontrolsince 12/2022 · owns less than 5%
- Ray Jerry Gray · Chief Executive Officercontrolsince 01/2020 · owns less than 5%
- Ray Jerry Gray · Ownercontrolsince 08/1998 · owns 75% or more of Jg Financial Services, Inc.
- Monica Janette Schwendeman · Ownercontrolsince 02/2018 · owns 75% or more of Jms Financial Services, Inc.
Entity owners
- Jg Financial Services, Inc. · Managing Memberdirect · owns 50% to 75%
- Jms Financial Services, Inc. · Managing Memberdirect · owns 25% to 50%
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 |
|---|---|---|---|---|---|
| Tempe, Az · principal | 3 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
- clients down average size upCombination · filing Mar 30, 2026private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $348,943,355 to $297,272,886, advisors 2 to 2, private clients 951 to 581, offices 0 to 0 (2025-03-17 to 2026-03-30)peers: independent wealth managers, $100M to $500M (5,676)
- client count collapseChange between filings · filing Mar 30, 2026individual and HNW clients (Item 5.D) moved from 951.0 to 581.0 (-39.0%) between the annual amendments of 2025-03-17 and 2026-03-30; the peer median change was +3.0% (3309 comparable advisers, 3.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,309) · 2.8% percentile
- account count collapseChange between filings · filing Mar 30, 2026accounts (Item 5.F.2.f) moved from 1,642.0 to 998.0 (-39.0%) between the annual amendments of 2025-03-17 and 2026-03-30; the peer median change was +5.0% (3687 comparable advisers, 4.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,687) · 4.0% percentile
What changed
consecutive filings, newest first
- Accounts · 1,642 to 998Jan 7, 2026 to Feb 24, 2026
- Corporate clients · 1 to 3Jan 7, 2026 to Feb 24, 2026
- HNW clients · 201 to 156Jan 7, 2026 to Feb 24, 2026
- Individual clients · 750 to 425Jan 7, 2026 to Feb 24, 2026
- Pension plan clients · 4 to 1Jan 7, 2026 to Feb 24, 2026
- Assets in custody · $36.5M to $112MJan 7, 2026 to Feb 24, 2026
- Discretionary RAUM · $340M to $297MJan 7, 2026 to Feb 24, 2026
- HNW RAUM · $212M to $214MJan 7, 2026 to Feb 24, 2026
- Individual RAUM · $133M to $80.1MJan 7, 2026 to Feb 24, 2026
- Non-discretionary RAUM · $9.2M to $0Jan 7, 2026 to Feb 24, 2026
- Pension RAUM · $1.8M to $1.2MJan 7, 2026 to Feb 24, 2026
- RAUM · $349M to $297MJan 7, 2026 to Feb 24, 2026
- Insurance-licensed employees · 0 to 1Jun 11, 2025 to Jul 16, 2025
- Financial planning clients · 0 to 0Jun 11, 2025 to Jul 16, 2025
- Accounts · 1,440 to 1,642Nov 22, 2024 to Mar 17, 2025
- Charity clients · unset to 1.0Nov 22, 2024 to Mar 17, 2025
- Corporate clients · unset to 1.0Nov 22, 2024 to Mar 17, 2025
- HNW clients · 179 to 201Nov 22, 2024 to Mar 17, 2025
- Individual clients · 684 to 750Nov 22, 2024 to Mar 17, 2025
- Pension plan clients · 6 to 4Nov 22, 2024 to Mar 17, 2025
- Assets in custody · $75.4M to $36.5MNov 22, 2024 to Mar 17, 2025
- Discretionary RAUM · $255M to $340MNov 22, 2024 to Mar 17, 2025
- HNW RAUM · $160M to $212MNov 22, 2024 to Mar 17, 2025
- Individual RAUM · $102M to $133MNov 22, 2024 to Mar 17, 2025
- Non-discretionary RAUM · $10.8M to $9.2MNov 22, 2024 to Mar 17, 2025
- Pension RAUM · $1.8M to $1.8MNov 22, 2024 to Mar 17, 2025
- RAUM · $266M to $349MNov 22, 2024 to Mar 17, 2025
- Accounts · 1,188 to 1,440Nov 8, 2023 to Feb 27, 2024
- HNW clients · 316 to 179Nov 8, 2023 to Feb 27, 2024
- Individual clients · 864 to 684Nov 8, 2023 to Feb 27, 2024
- Pension plan clients · 7 to 6Nov 8, 2023 to Feb 27, 2024
- Assets in custody · $66.8M to $75.4MNov 8, 2023 to Feb 27, 2024
- Discretionary RAUM · $201M to $255MNov 8, 2023 to Feb 27, 2024
- HNW RAUM · $121M to $160MNov 8, 2023 to Feb 27, 2024
- Individual RAUM · $79.0M to $102MNov 8, 2023 to Feb 27, 2024
- Non-discretionary RAUM · $1.4M to $10.8MNov 8, 2023 to Feb 27, 2024
- Pension RAUM · $949,266 to $1.8MNov 8, 2023 to Feb 27, 2024
- RAUM · $202M to $266MNov 8, 2023 to Feb 27, 2024
- Accounts · 985 to 1,188Dec 2, 2022 to Feb 1, 2023
- Advisory employees · 2 to 3Dec 2, 2022 to Feb 1, 2023
Signals
3 dated events
- Janette Monica Schwendeman left Graystone Partners Wealth Management, Llc for Private Advisor Group, Llc (registered 2025-10-07)Oct 8, 2025 · Advisor changed firm · fact
- Lee Tracy Bierworth (Chief Compliance Officer) appeared on Schedule A of Graystone Partners Wealth Management, LlcFeb 1, 2023 · Control person joined · fact
- Graystone Partners Wealth Management, Llc filed its initial SEC registration (Form ADV)Dec 4, 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
- info@graystonepartners.netreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- jarrett@graystonepartners.netreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- tracy@graystonepartners.netreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 480-557-9727reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 303-423-8080reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 480-557-0202reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/graystone-partnerreportedpublic record, Form ADV, Sep 18, 2026
- Website
- GRAYSTONEPARTNERS.NETreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- (480) 557-9727reportedpublic record, Form ADV, Jul 28, 2026
- Team page
- GRAYSTONEPARTNERS.NET/teamreportedpublished by the firm, firm site, Sep 15, 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
- $99.1Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026