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
R••• I••••••••• M••••••••• L••
Latest filing Feb 10, 2026
First filing on the tape Nov 19, 2020 · 13 filings
SEC status approved since Dec 18, 2020
RAUM
$234M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$234M
derived; firm RAUM over IAPD count
Employees
13
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$234M as of Feb 10, 2026
Mar 31, 2021$112M then
HNW client RAUM$0 as of Feb 10, 2026
Mar 31, 2021$0 then
State-registered IARs (5.B.3)1 as of Feb 10, 2026
Mar 31, 20211 then
Employees (5.A)13 as of Feb 10, 2026
Mar 31, 20216 then
Private funds3 as of Feb 10, 2026
Mar 31, 20216 then
RAUM +55% over the last fiscal year-5.5% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Feb 10, 2026; every figure names its basis
Archetypes, each a printed rule
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $234MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $58.6MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 0.0%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 13.0derivedItem 5.A over advisors
- Advisors per office
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +55%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- yesreportedItem 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$234M100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 4reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $0 for 0 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| K••• A••••• H•••••••Chartered Financial Analyst | Lehi, Ut | Dec 21, 2020 | 11 y | 1 |
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
Left, latest
none on the tape
Joined, latest
- K••• A••••• H••••••• from P••• W••••• P•••••••• L••Dec 21, 2020 · Other
Private funds
9 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| R••• C•••••• P••••••• L•• | Securitized Asset Fund | $291M | 0 | Dec 23, 2021 |
| C••••• I••••••••• F•••• L•• | Other Private Fund | $99.3M | 13 | Dec 20, 2024 |
| P•• S••••• S••••• I• L••no longer reported | Securitized Asset Fund | $82.6M | 0 | Mar 31, 2021 |
| R••• P•••••••• Q• F••• L• | Other Private Fund | $14.1M | 37 | Dec 20, 2024 |
| R•• F••• I• L••• | Securitized Asset Fund | $11.8M | 0 | Mar 31, 2021 |
| P•• S••••• S••••• S•••••• L••no longer reported | Securitized Asset Fund | $8.7M | 0 | Mar 31, 2021 |
| P•• S••••• S••••• I• L••no longer reported | Securitized Asset Fund | $8.4M | 0 | Mar 31, 2021 |
| S•• S•••••• C••••• I• L••no longer reported | Securitized Asset Fund | $5.7M | 0 | Mar 31, 2021 |
| R•• S•••••• C••••• I••••• F••• I•• L••no longer reported | Securitized Asset Fund | $3.6M | 0 | Nov 19, 2020 |
Owners and control persons
Schedule A and B, latest filing
- D••••••••• C•••• D•••• · Chief Compliance Officercontrolsince 06/2024 · owns less than 5%
- H•••••••• K•••• A••••• · Managing Directorcontrolsince 07/2019 · owns less than 5%
Entity owners
- R••• C•••••• M••••••••• L•• · Manager Manageddirect · owns 75% or more
- C••••• I••••••••• F••• L•• · Memberindirect · owns 25% to 50% of R••• C•••••• P••••••• L••
- R••• C•••••• P••••••• L•• · Manager Managedindirect · owns 75% or more of R••• C•••••• M••••••••• L••
Related persons
Schedule D 7.A
- C••••• A••••••••• L••insurancen
- L••• T••• H•••••• I•••pooled vehicle sponsorn
- R••• P•••••••• Q• F••• G• L••pooled vehicle sponsorn
- T•• R••• E••••• C••••••••• L••investment companyn
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
- low discretionary shareStatic outlier · filing Feb 10, 2026discretionary share of RAUM of 0% against a peer median of 100% (1568 comparable advisers, 0.0th percentile, 33.7 robust deviations)peers: asset managers, $100M to $500M (1,568) · 0.0% percentile
- private fund count surgeChange between filings · filing Feb 10, 2026private funds (Schedule D 7.B.1) moved from 2.0 to 3.0 (+50.0%) between the annual amendments of 2025-02-19 and 2026-02-10; the peer median change was 0.0% (734 comparable advisers, 95.0th percentile of changes)peers: asset managers, $100M to $500M (734) · 95% percentile
- RAUM up 50 %Change between filings · filing Feb 10, 2026RAUM (Item 5.F) moved from $151,031,282 to $234,318,688 (+55.0%) between the annual amendments of 2025-02-19 and 2026-02-10; the peer median change was +4.0% (1147 comparable advisers, 92.0th percentile of changes)peers: asset managers, $100M to $500M (1,147) · 92% percentile
What changed
consecutive filings, newest first
- Accounts · 3 to 4Feb 19, 2025 to Dec 22, 2025
- Pooled vehicle clients · 3 to 4Feb 19, 2025 to Dec 22, 2025
- Employees · 11 to 13Feb 19, 2025 to Dec 22, 2025
- Private funds · 2 to 3Feb 19, 2025 to Dec 22, 2025
- Non-discretionary RAUM · $151M to $234MFeb 19, 2025 to Dec 22, 2025
- Pooled vehicle RAUM · $151M to $234MFeb 19, 2025 to Dec 22, 2025
- RAUM · $151M to $234MFeb 19, 2025 to Dec 22, 2025
- Financial planning clients · unset to Dec 20, 2024 to Feb 19, 2025
- Non-discretionary RAUM · $113M to $151MDec 20, 2024 to Feb 19, 2025
- Pooled vehicle RAUM · $113M to $151MDec 20, 2024 to Feb 19, 2025
- RAUM · $113M to $151MDec 20, 2024 to Feb 19, 2025
- Assets in custody · unset to 0.0Jul 1, 2024 to Dec 20, 2024
- Custody of client assets · false to trueJul 1, 2024 to Dec 20, 2024
- Employees · 7 to 11Jul 1, 2024 to Dec 20, 2024
- Non-discretionary RAUM · $303M to $113MJul 1, 2024 to Dec 20, 2024
- Pooled vehicle RAUM · $303M to $113MJul 1, 2024 to Dec 20, 2024
- RAUM · $303M to $113MJul 1, 2024 to Dec 20, 2024
- Accounts · 2 to 3Dec 13, 2022 to Oct 24, 2023
- Pooled vehicle clients · 2 to 3Dec 13, 2022 to Oct 24, 2023
- Assets in custody · 277555588.0 to unsetDec 13, 2022 to Oct 24, 2023
- Custody of client assets · true to falseDec 13, 2022 to Oct 24, 2023
- Employees · 3 to 7Dec 13, 2022 to Oct 24, 2023
- Non-discretionary RAUM · $278M to $303MDec 13, 2022 to Oct 24, 2023
- Pooled vehicle RAUM · $278M to $303MDec 13, 2022 to Oct 24, 2023
- RAUM · $278M to $303MDec 13, 2022 to Oct 24, 2023
- Assets in custody · $243M to $278MFeb 3, 2022 to Dec 13, 2022
- HQ city · ALPINE to LEHIFeb 3, 2022 to Dec 13, 2022
- Discretionary RAUM · $243M to $0Feb 3, 2022 to Dec 13, 2022
- Non-discretionary RAUM · $0 to $278MFeb 3, 2022 to Dec 13, 2022
- Pooled vehicle RAUM · $243M to $278MFeb 3, 2022 to Dec 13, 2022
- RAUM · $243M to $278MFeb 3, 2022 to Dec 13, 2022
- Assets in custody · $237M to $243MJan 31, 2022 to Feb 3, 2022
- Discretionary RAUM · $237M to $243MJan 31, 2022 to Feb 3, 2022
- Pooled vehicle RAUM · $237M to $243MJan 31, 2022 to Feb 3, 2022
- RAUM · $237M to $243MJan 31, 2022 to Feb 3, 2022
- Accounts · 3 to 2Dec 23, 2021 to Jan 31, 2022
- Pooled vehicle clients · 3 to 2Dec 23, 2021 to Jan 31, 2022
- Private funds · 3 to 2Dec 23, 2021 to Jan 31, 2022
- Employees · 6 to 3Apr 30, 2021 to Dec 23, 2021
- Accounts · 6 to 3Apr 30, 2021 to Dec 23, 2021
Signals
4 dated events
- R••• I••••••••• M••••••••• L•• reported RAUM $113.4M, down 63% from $303.1M (2024-07-01 to 2024-12-20)Dec 20, 2024 · RAUM change · derived
- D•••• C••• Decoursey (Chief Compliance Officer) appeared on Schedule A of R••• I••••••••• M••••••••• L••Jul 1, 2024 · Control person joined · fact
- R••• I••••••••• M••••••••• L•• reported RAUM $237.2M, up 111% from $112.2M (2021-04-30 to 2021-12-23)Dec 23, 2021 · RAUM change · derived
- R••• I••••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)Nov 19, 2020 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- R••• I••••••••• M••••••••• L•• · Independent Sponsorsshared crd · capital_provider
How to reach
public business contact points only, each with its source
- Website
- r•••••.comreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 801-216-8850reportedpublic record, Form ADV, Feb 10, 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- $234Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026