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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
SEC-registered adviser
B•••••• B•••••••• I•••
Latest filing Jun 18, 2026
First filing on the tape Nov 18, 2019 · 17 filings
SEC status approved since Dec 16, 2019
RAUM
$440M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
99%
$435M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$73.4M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$440M as of Jun 18, 2026
Mar 24, 2020$0 then
HNW client RAUM$373M as of Jun 18, 2026
Jan 13, 2021$168M then
State-registered IARs (5.B.3)4 as of Jun 18, 2026
Mar 24, 20203 then
Employees (5.A)4 as of Jun 18, 2026
Mar 24, 20203 then
Private funds: no history
RAUM +22% over the last fiscal year+24% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Jun 18, 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
- i••••••••• 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
- Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
- RAUM per advisor
- $73.4MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 37derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $6.0MderivedHNW RAUM over HNW clients
- Average account
- $514,262derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 1.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 0.7derivedItem 5.A over advisors
- Advisors per office
- 6.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +22%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +5.2%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
- Wrap fee program
- $409MreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$373M85%
- Individuals$61.7M14%
- Pension and profit-sharing plans$3.4M0.8%
- Charitable organizations$882,3650.2%
- Corporations and businesses$618,6060.1%
- Individual clients
- 160reported
- HNW clients
- 62reported
- Pension plan clients
- 3reported
- Charitable clients
- 2reported
- Accounts
- 856reported
- Financial planning clients
- 0reported
- Wrap fee programs
- $0 sponsored, $0 managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| C•••••• S•••• B•••••• | Dallas, Tx | Jan 3, 2020 | 13 y | 1 |
| C•••••• S•••• B••••••Chartered Financial Analyst | Dallas, Tx | Apr 8, 2020 | 41 y | 1 |
| H•••• L•••• L•••••••Certified Financial Planner | Dallas, Tx | Jul 2, 2021 | 10 y | 0 |
| C•••• L••••••• C••••• | Dallas, Tx | Jun 1, 2022 | 24 y | 8 |
| C••••• L••••••• C••••• | Dallas, Tx | Mar 22, 2025 | 11 y | 0 |
| D••••• C• R••••• | Dallas, Tx | Mar 16, 2026 | 10 y | 1 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- D••••• C• R••••• from J••• M••••• S••••••••• L••Mar 16, 2026 · Wirehouse to independent RIA
- C•••• L••••••• C••••• from L•• F•••••••• C••••••• L••Jun 1, 2022 · RIA to RIA
- C•••••• S•••• B•••••• from M••••••• I••••••••• N•••••• I•••Apr 8, 2020 · Affiliated broker-dealer or bank to a newly registered adviser
- C•••••• S•••• B•••••• from M••••••• I••••••••• N•••••• I•••Jan 3, 2020 · Affiliated broker-dealer or bank to a newly registered adviser
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- B••••••• C••••••• S•••• · Presidentcontrolsince 10/1984 · owns 25% to 50%
- B••••••• C••••••• S•••• · Owner & Chief Compliance Officercontrolsince 01/2020 · 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 |
|---|---|---|---|---|---|
| Dallas, Tx · principal | 6 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- HNW share shiftChange between filings · filing Apr 16, 2026HNW share of RAUM moved from 12.0% to 85.0% between the annual amendments of 2025-02-18 and 2026-04-16peers: WEALTH_I•••••••••, $100M to $500M (5,676)
What changed
consecutive filings, newest first
- Accounts · 749 to 856Feb 18, 2025 to Mar 29, 2026
- HNW clients · 57 to 62Feb 18, 2025 to Mar 29, 2026
- Individual clients · 154 to 160Feb 18, 2025 to Mar 29, 2026
- Discretionary RAUM · $355M to $433MFeb 18, 2025 to Mar 29, 2026
- HNW RAUM · $42.6M to $373MFeb 18, 2025 to Mar 29, 2026
- Individual RAUM · $313M to $61.7MFeb 18, 2025 to Mar 29, 2026
- Non-discretionary RAUM · $5.9M to $7.7MFeb 18, 2025 to Mar 29, 2026
- Pension RAUM · $2.7M to $3.4MFeb 18, 2025 to Mar 29, 2026
- RAUM · $361M to $440MFeb 18, 2025 to Mar 29, 2026
- Accounts · 738 to 749Mar 27, 2024 to Feb 18, 2025
- Charity clients · 3 to 2Mar 27, 2024 to Feb 18, 2025
- HNW clients · 45 to 57Mar 27, 2024 to Feb 18, 2025
- Individual clients · 155 to 154Mar 27, 2024 to Feb 18, 2025
- Financial planning clients · 0 to 0Mar 27, 2024 to Feb 18, 2025
- Discretionary RAUM · $296M to $355MMar 27, 2024 to Feb 18, 2025
- HNW RAUM · $243M to $42.6MMar 27, 2024 to Feb 18, 2025
- Individual RAUM · $35.7M to $313MMar 27, 2024 to Feb 18, 2025
- Non-discretionary RAUM · $4.5M to $5.9MMar 27, 2024 to Feb 18, 2025
- Pension RAUM · $2.3M to $2.7MMar 27, 2024 to Feb 18, 2025
- RAUM · $300M to $361MMar 27, 2024 to Feb 18, 2025
- Accounts · 582 to 738Nov 15, 2023 to Mar 27, 2024
- Advisory employees · 2 to 3Nov 15, 2023 to Mar 27, 2024
- HNW clients · 73 to 45Nov 15, 2023 to Mar 27, 2024
- Individual clients · 139 to 155Nov 15, 2023 to Mar 27, 2024
- Pension plan clients · 1 to 3Nov 15, 2023 to Mar 27, 2024
- Employees · 2 to 4Nov 15, 2023 to Mar 27, 2024
- State-registered IARs · 2 to 4Nov 15, 2023 to Mar 27, 2024
- Discretionary RAUM · $226M to $296MNov 15, 2023 to Mar 27, 2024
- HNW RAUM · $210M to $243MNov 15, 2023 to Mar 27, 2024
- Individual RAUM · $7.0M to $35.7MNov 15, 2023 to Mar 27, 2024
- Non-discretionary RAUM · $7.0M to $4.5MNov 15, 2023 to Mar 27, 2024
- Pension RAUM · $1.3M to $2.3MNov 15, 2023 to Mar 27, 2024
- RAUM · $233M to $300MNov 15, 2023 to Mar 27, 2024
- Accounts · 395 to 582Oct 17, 2022 to Mar 21, 2023
- Charity clients · 2 to 3Oct 17, 2022 to Mar 21, 2023
- Corporate clients · 2 to 5Oct 17, 2022 to Mar 21, 2023
- HNW clients · 51 to 73Oct 17, 2022 to Mar 21, 2023
- Individual clients · 108 to 139Oct 17, 2022 to Mar 21, 2023
- Pension plan clients · unset to 1.0Oct 17, 2022 to Mar 21, 2023
- Discretionary RAUM · $245M to $226MOct 17, 2022 to Mar 21, 2023
Signals
3 dated events
- Castle Jeffrey Spears (Chief Compliance Officer) no longer on Schedule A of B•••••• B•••••••• I••• (listed 2020-06-17, absent 2020-08-24)Aug 24, 2020 · Control person left · inference
- Castle Jeffrey Spears (Chief Compliance Officer) appeared on Schedule A of B•••••• B•••••••• I•••Mar 24, 2020 · Control person joined · fact
- B•••••• B•••••••• I••• filed its initial SEC registration (Form ADV)Nov 18, 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
- 214-447-7511reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 214-523-2333reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- burfordbrothers.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 214-523-2333reportedpublic record, Form ADV, Jun 18, 2026
- Contact form
- burfordbrothers.com/contactreportedpublished 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
- $73.4Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026