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

B•• W••••• M••••••••• L••

Former SEC-registered adviserConcord, North CarolinaCRD 306360SEC 801-117838IAPD
Latest filing Mar 22, 2023
First filing on the tape Nov 21, 2019 · 22 filings
RAUM
$157M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$157M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$157M as of Aug 15, 2022
Jun 9, 2021$188M then
HNW client RAUM$142M as of Aug 15, 2022
Jun 9, 2021$170M then
State-registered IARs (5.B.3)2 as of Aug 15, 2022
Jun 9, 20212 then
Employees (5.A)3 as of Aug 15, 2022
Jun 9, 20215 then
Private funds: no history
RAUM -16% over the last fiscal yearIARs 2 to 2
Practice profile
derived from the filing of Mar 22, 2023; every figure names its basis
RAUM per advisor
$78.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
172derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$485,711derivedHNW RAUM over HNW clients
Average account
$457,714derivedRAUM 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
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-16%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-7.0%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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
  • High-net-worth individuals$142M91%
  • Individuals$14.7M9.4%
Individual clients
50reported
HNW clients
293reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
343reported
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
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • R••••••••• K••••••• · Chief Compliance Officercontrol
    since 03/2023 · owns less than 5%
  • B••••• J•••••• B•••••• · Member
    since 02/2020 · owns 25% to 50%
Entity owners
  • B•••••• R••••••• • C•••••• L•• · Member
    direct · owns 50% to 75%
Related persons
Schedule D 7.A
  • B•••••• R••••••• • C••••••• L•••••
    insurancey
Advisers that list B•• W••••• M••••••••• L•• as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 369 to 343
    Dec 7, 2021 to Aug 15, 2022
  • HNW clients · 318 to 293
    Dec 7, 2021 to Aug 15, 2022
  • Individual clients · 51 to 50
    Dec 7, 2021 to Aug 15, 2022
  • Employees · 5 to 3
    Dec 7, 2021 to Aug 15, 2022
  • Discretionary RAUM · $188M to $157M
    Dec 7, 2021 to Aug 15, 2022
  • HNW RAUM · $170M to $142M
    Dec 7, 2021 to Aug 15, 2022
  • Individual RAUM · $18.0M to $14.7M
    Dec 7, 2021 to Aug 15, 2022
  • RAUM · $188M to $157M
    Dec 7, 2021 to Aug 15, 2022
  • Accounts · 378 to 369
    Apr 20, 2021 to Jun 9, 2021
  • HNW clients · 325 to 318
    Apr 20, 2021 to Jun 9, 2021
  • Individual clients · 53 to 51
    Apr 20, 2021 to Jun 9, 2021
  • Discretionary RAUM · $186M to $188M
    Apr 20, 2021 to Jun 9, 2021
  • HNW RAUM · $168M to $170M
    Apr 20, 2021 to Jun 9, 2021
  • Individual RAUM · $17.6M to $18.0M
    Apr 20, 2021 to Jun 9, 2021
  • RAUM · $186M to $188M
    Apr 20, 2021 to Jun 9, 2021
  • Accounts · 278 to 378
    Mar 3, 2021 to Mar 18, 2021
  • HNW clients · 128 to 325
    Mar 3, 2021 to Mar 18, 2021
  • Individual clients · 150 to 53
    Mar 3, 2021 to Mar 18, 2021
  • HQ city · CHARLOTTE to CONCORD
    Mar 3, 2021 to Mar 18, 2021
  • Other offices · 1 to 0
    Mar 3, 2021 to Mar 18, 2021
  • Discretionary RAUM · $170M to $186M
    Mar 3, 2021 to Mar 18, 2021
  • HNW RAUM · $70.9M to $168M
    Mar 3, 2021 to Mar 18, 2021
  • Individual RAUM · $98.7M to $17.6M
    Mar 3, 2021 to Mar 18, 2021
  • RAUM · $170M to $186M
    Mar 3, 2021 to Mar 18, 2021
  • Related adviser · true to false
    Mar 3, 2021 to Mar 18, 2021
  • Accounts · 149 to 278
    Jun 3, 2020 to Jul 22, 2020
  • Individual clients · 21 to 150
    Jun 3, 2020 to Jul 22, 2020
  • Discretionary RAUM · $107M to $170M
    Jun 3, 2020 to Jul 22, 2020
  • HNW RAUM · $83.0M to $70.9M
    Jun 3, 2020 to Jul 22, 2020
  • Individual RAUM · $23.7M to $98.7M
    Jun 3, 2020 to Jul 22, 2020
  • RAUM · $107M to $170M
    Jun 3, 2020 to Jul 22, 2020
  • Accounts · 0 to 149
    Mar 18, 2020 to May 1, 2020
  • HNW clients · unset to 128.0
    Mar 18, 2020 to May 1, 2020
  • Individual clients · unset to 21.0
    Mar 18, 2020 to May 1, 2020
  • Discretionary RAUM · $0 to $107M
    Mar 18, 2020 to May 1, 2020
  • HNW RAUM · unset to 82990901.0
    Mar 18, 2020 to May 1, 2020
  • Individual RAUM · unset to 23711686.0
    Mar 18, 2020 to May 1, 2020
  • RAUM · $0 to $107M
    Mar 18, 2020 to May 1, 2020
  • Advisory activities · 4 to 3
    Mar 10, 2020 to Mar 18, 2020
  • Business name · F••••• C•••••• to B•• W••••• M••••••••• L••
    Mar 10, 2020 to Mar 18, 2020
Signals
7 dated events
  • D•••••• T••••••••• left B•• W••••• M••••••••• L•• for F••••• C•••••• (registered 2023-06-04)
    Jun 15, 2023 · Advisor changed firm · fact
  • D••• C•••••• (Chief Compliance Officer) no longer on Schedule A of B•• W••••• M••••••••• L•• (listed 2022-08-15, absent 2023-03-22)
    Mar 22, 2023 · Control person left · inference
  • K••••••• R•••••••• (Chief Compliance Officer) appeared on Schedule A of B•• W••••• M••••••••• L••
    Mar 22, 2023 · Control person joined · fact
  • David Carey Mcclure (Member/Chief Compliance Officer) no longer on Schedule A of B•• W••••• M••••••••• L•• (listed 2021-06-09, absent 2021-12-07)
    Dec 7, 2021 · Control person left · inference
  • D••• C•••••• (Chief Compliance Officer) appeared on Schedule A of B•• W••••• M••••••••• L••
    Dec 7, 2021 · Control person joined · fact
  • Binford Julien Booth (Member/Ceo) appeared on Schedule A of B•• W••••• M••••••••• L••
    Feb 21, 2020 · Control person joined · fact
  • B•• W••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
    Nov 21, 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