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

L••••• W•••••

Independent wealth managerWoodbury, MinnesotaCRD 306732SEC 801-118042websiteIAPD
Legal name L••••• W••••• A•••• M••••••••• L••
Latest filing Mar 13, 2026
First filing on the tape Jan 8, 2020 · 17 filings
SEC status approved since Feb 7, 2020
RAUM
$546M
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
100%
$546M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$109M
derived; firm RAUM over IAPD count
Employees
14
4 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$546M as of Mar 13, 2026
Feb 23, 2021$327M then
HNW client RAUM$452M as of Mar 13, 2026
Feb 23, 2021$294M then
State-registered IARs (5.B.3)4 as of Mar 13, 2026
Feb 23, 20214 then
Employees (5.A)14 as of Mar 13, 2026
Feb 23, 20218 then
Private funds: no history
RAUM +15% over the last fiscal year+15% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 13, 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$109MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
99derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$335,175derivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.8derivedItem 5.A over advisors
Advisors per office
5.0derived1 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
+11%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
$976MreportedItem 5.I
Custody
$366M, 978 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$452M83%
  • Individuals$94.0M17%
Individual clients
347reported
HNW clients
146reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,629reported
Financial planning clients
0reported
Wrap fee programs
$430M sponsored, $116M managedreported
Custody of client assets
$366M for 978 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=4.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J••••• M•••••• B••••••Certified Financial PlannerWoodbury, MnFeb 7, 202012 y1
M•••••• D•••••• B••••••Chartered Financial ConsultantWoodbury, MnFeb 7, 202038 y2
M•••••• M•••••• B••••••Woodbury, MnFeb 8, 202012 y0
B••••••• M•••••• B••••••Chartered Financial AnalystWoodbury, MnFeb 14, 202016 y0
B•••• S•••••Woodbury, MnFeb 10, 202611 y1
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B••••••• B•••••••• M•••••• · Cfo & Managing Membercontrol
    since 02/2020 · owns less than 5%
  • B••••••• J••••••••• M•••••• · Chief Compliance Officer & Ciocontrol
    since 10/2020 · owns less than 5%
  • B••••••• M••••••• D•••••• · Ceo & Managing Membercontrol
    since 02/2020 · owns less than 5%
  • B••••••• B•••••••• M•••••• · Managing Membercontrol
    since 02/2020 · owns F of L••••• W•••••• L••
  • B••••••• J••••••••• M•••••• · Managing Membercontrol
    since 02/2020 · owns F of L••••• W•••••• L••
  • B••••••• J•••••• M•••••• · Managing Membercontrol
    since 02/2020 · owns F of L••••• W•••••• L••
  • B••••••• M••••••• M•••••• · Managing Membercontrol
    since 02/2020 · owns F of L••••• W•••••• L••
  • B••••••• M••••••• D•••••• · Managing Membercontrol
    since 02/2020 · owns 75% or more of L••••• W•••••• L••
Entity owners
  • L••••• W•••••• L•• · Managing 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
Woodbury, Mn · principal510
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 1,448 to 1,629
    Mar 7, 2025 to Mar 13, 2026
  • HNW clients · 131 to 146
    Mar 7, 2025 to Mar 13, 2026
  • Individual clients · 314 to 347
    Mar 7, 2025 to Mar 13, 2026
  • Assets in custody · $317M to $366M
    Mar 7, 2025 to Mar 13, 2026
  • Employees · 10 to 14
    Mar 7, 2025 to Mar 13, 2026
  • Discretionary RAUM · $453M to $515M
    Mar 7, 2025 to Mar 13, 2026
  • HNW RAUM · $399M to $452M
    Mar 7, 2025 to Mar 13, 2026
  • Individual RAUM · $76.0M to $94.0M
    Mar 7, 2025 to Mar 13, 2026
  • Non-discretionary RAUM · $22.0M to $31.0M
    Mar 7, 2025 to Mar 13, 2026
  • RAUM · $475M to $546M
    Mar 7, 2025 to Mar 13, 2026
  • Wrap assets (manager) · $411M to $116M
    Mar 7, 2025 to Mar 13, 2026
  • Wrap assets (sponsor) · $411M to $430M
    Mar 7, 2025 to Mar 13, 2026
  • Accounts · 1,053 to 1,448
    Jan 19, 2024 to Mar 7, 2025
  • HNW clients · 153 to 131
    Jan 19, 2024 to Mar 7, 2025
  • Individual clients · 245 to 314
    Jan 19, 2024 to Mar 7, 2025
  • Assets in custody · $249M to $317M
    Jan 19, 2024 to Mar 7, 2025
  • Financial planning clients · 0 to 0
    Jan 19, 2024 to Mar 7, 2025
  • Discretionary RAUM · $394M to $453M
    Jan 19, 2024 to Mar 7, 2025
  • HNW RAUM · $358M to $399M
    Jan 19, 2024 to Mar 7, 2025
  • Individual RAUM · $55.0M to $76.0M
    Jan 19, 2024 to Mar 7, 2025
  • Non-discretionary RAUM · $19.0M to $22.0M
    Jan 19, 2024 to Mar 7, 2025
  • RAUM · $413M to $475M
    Jan 19, 2024 to Mar 7, 2025
  • Wrap assets (manager) · $73.0M to $411M
    Jan 19, 2024 to Mar 7, 2025
  • Wrap assets (sponsor) · $413M to $411M
    Jan 19, 2024 to Mar 7, 2025
  • Accounts · 982 to 1,053
    May 2, 2023 to Jan 19, 2024
  • Advisory employees · 5 to 4
    May 2, 2023 to Jan 19, 2024
  • Advisory activities · 3 to 4
    May 2, 2023 to Jan 19, 2024
  • BD registered reps · 5 to 4
    May 2, 2023 to Jan 19, 2024
  • HNW clients · 139 to 153
    May 2, 2023 to Jan 19, 2024
  • Individual clients · 247 to 245
    May 2, 2023 to Jan 19, 2024
  • Assets in custody · $216M to $249M
    May 2, 2023 to Jan 19, 2024
  • State-registered IARs · 5 to 4
    May 2, 2023 to Jan 19, 2024
  • Discretionary RAUM · $342M to $394M
    May 2, 2023 to Jan 19, 2024
  • HNW RAUM · $301M to $358M
    May 2, 2023 to Jan 19, 2024
  • Individual RAUM · $54.7M to $55.0M
    May 2, 2023 to Jan 19, 2024
  • Non-discretionary RAUM · $13.9M to $19.0M
    May 2, 2023 to Jan 19, 2024
  • RAUM · $356M to $413M
    May 2, 2023 to Jan 19, 2024
  • Wrap assets (manager) · $55.5M to $73.0M
    May 2, 2023 to Jan 19, 2024
  • Wrap assets (sponsor) · $355M to $413M
    May 2, 2023 to Jan 19, 2024
  • Accounts · 831 to 982
    Nov 23, 2022 to Feb 9, 2023
Signals
2 dated events
  • L••••• W••••• reported RAUM $326.6M, up 172% from $120.2M (2020-10-01 to 2021-02-23)
    Feb 23, 2021 · RAUM change · derived
  • L••••• W••••• filed its initial SEC registration (Form ADV)
    Jan 8, 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
651-621-2383reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/legacy-wealth-llcreportedpublic record, Form ADV, Sep 18, 2026
Website
L•••••WEALTHWISDOM.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
651-621-2383reportedpublic record, Form ADV, Mar 13, 2026
Contact form
l•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
Team page
l•••••••••.comreportedpublished 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
$109Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026