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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SEC-registered adviser

M•••••• H••••••• F•••••••• A•••••••

Independent wealth managerWest Des Moines, IowaCRD 306308SEC 801-119038websiteIAPD
Legal name M•••••• H••••••• B•••• F••
Latest filing Jan 2, 2026
First filing on the tape Jun 11, 2020 · 27 filings
SEC status approved since Jul 10, 2020
RAUM
$399M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$399M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$99.7M
derived; firm RAUM over IAPD count
Employees
6
4 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$399M as of Jan 2, 2026
Nov 10, 2020$112M then
HNW client RAUM$333M as of Jan 2, 2026
Nov 10, 2020$55.2M then
State-registered IARs (5.B.3)4 as of Jan 2, 2026
Nov 10, 20202 then
Employees (5.A)6 as of Jan 2, 2026
Nov 10, 20202 then
Private funds: no history
RAUM +27% over the last fiscal year+31% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Jan 2, 2026; every figure names its basis
Archetypes, each a printed rule
  • b••• affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
  • 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
$99.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
84derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.9MderivedHNW RAUM over HNW clients
Average account
$616,162derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
1.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+27%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 individualsreportedItem 5.G
Ownership
a bank, bancorp or trust company is a 50 percent or greater ownerderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is an insurance broker or agent (6.A.6)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$333M84%
  • Individuals$65.7M16%
Individual clients
219reported
HNW clients
115reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
647reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=4.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M•••••• G••••• W••••••Certified Financial Planner, Chartered Financial ConsultantWest Des Moines, IaNov 8, 201930 y3
C•••• M•••••Certified Financial PlannerWest Des Moines, IaNov 16, 202212 y1
L••• C••••••West Des Moines, IaJan 5, 202410 y3
M••• D••••• V••••West Des Moines, IaMar 15, 202424 y7
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
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • W••••••• M••••••• G••••• · President And Chief Compliance Officercontrol
    since 11/2019 · owns less than 5%
Entity owners
  • M•••••• H••••••• B•••• F•• · Owner
    direct · owns 75% or more
  • H••••• F••• S•••••• I••• · Owner
    indirect · owns 75% or more of M•••••• H••••••• B•••• F••
Related persons
Schedule D 7.A
  • M•••••• H••••••• S•••••••• L•••••
    real estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
West Des Moines, Ia · principal400
Offices
Schedule D 1.F, the 25 largest
  • Grimes, IA2 employees
  • Chariton, IA1 employees
What changed
consecutive filings, newest first
  • Employees · 4 to 6
    Jan 2, 2025 to Oct 30, 2025
  • Accounts · 571 to 647
    Jan 2, 2025 to Oct 30, 2025
  • HNW clients · 94 to 115
    Jan 2, 2025 to Oct 30, 2025
  • Individual clients · 208 to 219
    Jan 2, 2025 to Oct 30, 2025
  • Discretionary RAUM · $314M to $399M
    Jan 2, 2025 to Oct 30, 2025
  • HNW RAUM · $247M to $333M
    Jan 2, 2025 to Oct 30, 2025
  • Individual RAUM · $66.4M to $65.7M
    Jan 2, 2025 to Oct 30, 2025
  • RAUM · $314M to $399M
    Jan 2, 2025 to Oct 30, 2025
  • Financial planning clients · 1-10 to 1-10
    Dec 12, 2024 to Jan 2, 2025
  • Accounts · 491 to 571
    Mar 12, 2024 to Nov 7, 2024
  • Advisory employees · 2 to 4
    Mar 12, 2024 to Nov 7, 2024
  • BD registered reps · 2 to 4
    Mar 12, 2024 to Nov 7, 2024
  • HNW clients · 71 to 94
    Mar 12, 2024 to Nov 7, 2024
  • Individual clients · 204 to 208
    Mar 12, 2024 to Nov 7, 2024
  • Employees · 2 to 4
    Mar 12, 2024 to Nov 7, 2024
  • State-registered IARs · 2 to 4
    Mar 12, 2024 to Nov 7, 2024
  • Other offices · 1 to 2
    Mar 12, 2024 to Nov 7, 2024
  • Discretionary RAUM · $223M to $314M
    Mar 12, 2024 to Nov 7, 2024
  • HNW RAUM · $156M to $247M
    Mar 12, 2024 to Nov 7, 2024
  • Individual RAUM · $66.9M to $66.4M
    Mar 12, 2024 to Nov 7, 2024
  • RAUM · $223M to $314M
    Mar 12, 2024 to Nov 7, 2024
  • Accounts · 480 to 491
    Oct 18, 2023 to Oct 26, 2023
  • HNW clients · 43 to 71
    Oct 18, 2023 to Oct 26, 2023
  • Individual clients · 231 to 204
    Oct 18, 2023 to Oct 26, 2023
  • Discretionary RAUM · $177M to $223M
    Oct 18, 2023 to Oct 26, 2023
  • HNW RAUM · $82.9M to $156M
    Oct 18, 2023 to Oct 26, 2023
  • Individual RAUM · $93.4M to $66.9M
    Oct 18, 2023 to Oct 26, 2023
  • RAUM · $177M to $223M
    Oct 18, 2023 to Oct 26, 2023
  • Accounts · 454 to 480
    Jul 29, 2022 to Oct 18, 2022
  • Advisory employees · 3 to 2
    Jul 29, 2022 to Oct 18, 2022
  • BD registered reps · 3 to 2
    Jul 29, 2022 to Oct 18, 2022
  • HNW clients · 55 to 43
    Jul 29, 2022 to Oct 18, 2022
  • Individual clients · 202 to 231
    Jul 29, 2022 to Oct 18, 2022
  • Employees · 3 to 2
    Jul 29, 2022 to Oct 18, 2022
  • State-registered IARs · 3 to 2
    Jul 29, 2022 to Oct 18, 2022
  • Discretionary RAUM · $183M to $177M
    Jul 29, 2022 to Oct 18, 2022
  • HNW RAUM · $115M to $82.9M
    Jul 29, 2022 to Oct 18, 2022
  • Individual RAUM · $67.4M to $93.4M
    Jul 29, 2022 to Oct 18, 2022
  • RAUM · $183M to $177M
    Jul 29, 2022 to Oct 18, 2022
  • Accounts · 320 to 454
    Nov 5, 2021 to Nov 8, 2021
Signals
4 dated events
  • G•• M•••••• E••••• left M•••••• H••••••• F•••••••• A••••••• for D••••••••• M••••••••• I•• (registered 2024-01-04)
    Aug 8, 2023 · Advisor changed firm · fact
  • R••• P•••••• M••••••••• left M•••••• H••••••• F•••••••• A••••••• for E••••• J•••• (registered 2022-07-22)
    Jul 29, 2022 · Advisor changed firm · fact
  • Z•••••• L• N•••••• left M•••••• H••••••• F•••••••• A••••••• for C•••••• S••••• • C••• I••• (registered 2022-06-15)
    May 31, 2022 · Advisor changed firm · fact
  • M•••••• H••••••• F•••••••• A••••••• filed its initial SEC registration (Form ADV)
    Jun 11, 2020 · 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
800-766-5162reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
800-782-0521reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
866-768-6713reportedpublished by the firm, firm site, Sep 17, 2026
Website
m•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
515-246-8378reportedpublic record, Form ADV, Jan 2, 2026
Contact form
m•••••••••.comreportedpublished by the firm, firm site, Sep 17, 2026
Team page
m•••••••••.comreportedpublished by the firm, firm site, Sep 17, 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
$99.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026