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••••• A••••

Independent wealth managerHermantown, MinnesotaCRD 309238SEC 801-132137websiteIAPD
Legal name A•••• F••••••••• L••
Latest filing Sep 9, 2026
First filing on the tape Mar 10, 2025 · 8 filings
SEC status approved since Mar 10, 2025
RAUM
$434M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$434M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$108M
derived; firm RAUM over IAPD count
Employees
5
5 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$434M as of Aug 24, 2026
Mar 10, 2025$102M then
HNW client RAUM$374M as of Aug 24, 2026
Mar 10, 2025$74.8M then
State-registered IARs (5.B.3)5 as of Aug 24, 2026
Mar 10, 20251 then
Employees (5.A)5 as of Aug 24, 2026
Mar 10, 20253 then
Private funds: no history
RAUM +327% over the last fiscal yearIARs 1 to 5offices 0 to 5
Practice profile
derived from the filing of Sep 9, 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
$108MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
47derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.6MderivedHNW RAUM over HNW clients
Average account
$576,004derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
0.7derived6 offices incl. principal (1.F.5)
RAUM growth, one year
+327%derivedbetween the last two annual amendments
Advisor growth, one year
+400%derivedItem 5.B.3 between annual amendments
Client growth, one year
+129%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Wrap fee program
$252MreportedItem 5.I
Custody
$14.6M, 86 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$374M86%
  • Individuals$59.8M14%
Individual clients
83reported
HNW clients
105reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
753reported
Financial planning clients
1-10reported
Wrap fee programs
$126M sponsored, $126M managedreported
Custody of client assets
$14.6M for 86 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd= related_bank= bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
T•••• L••• N••••••Certified Financial PlannerHermantown, MnFeb 1, 202123 y4
T••• F••••••• K•••••••••Certified Financial PlannerHermantown, Mn Aug 7, 202510 y2
R•••• P•••••• W••••••Certified Financial PlannerMansfield, Tx Aug 7, 202535 y4
S•••• E••••• S••••••Hermantown, Mn Aug 7, 202539 y1
Advisor movement
0 left, 0 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • N••••••• T••••• L••• · Managing Member / Ccocontrol
    since 08/2020 · owns 25% to 50%
  • W••••••• R••••• P•••••• · Managing Membercontrol
    since 08/2025 · 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
OfficeAdvisorsJoinedLeftTeams outForming
Hermantown, Mn · principal400
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • RAUM up 50 %Change between filings · filing Apr 21, 2026
    RAUM (Item 5.F) moved from $101,534,281 to $433,731,160 (+327.0%) between the annual amendments of 2025-03-10 and 2026-04-21; the peer median change was +15.0% (4550 comparable advisers, 100.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (4,550) · 100% percentile
  • account count surgeChange between filings · filing Apr 21, 2026
    accounts (Item 5.F.2.f) moved from 233.0 to 753.0 (+223.0%) between the annual amendments of 2025-03-10 and 2026-04-21; the peer median change was +5.0% (3687 comparable advisers, 100.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,687) · 100% percentile
What changed
consecutive filings, newest first
  • Financial planning clients · 1-10 to 1-10
    Aug 24, 2026 to Sep 9, 2026
  • Related adviser · false to unset
    Aug 24, 2026 to Sep 9, 2026
  • Related bank · false to unset
    Aug 24, 2026 to Sep 9, 2026
  • Related broker-dealer · false to unset
    Aug 24, 2026 to Sep 9, 2026
  • Related insurance company · false to unset
    Aug 24, 2026 to Sep 9, 2026
  • Succession · false to unset
    Aug 24, 2026 to Sep 9, 2026
  • Business name · A•••• F••••••••• L•• to R••••• A••••
    Feb 10, 2026 to Apr 21, 2026
  • Other offices · 4 to 5
    Feb 10, 2026 to Apr 21, 2026
  • Accounts · 233 to 753
    Dec 17, 2025 to Feb 10, 2026
  • Advisory employees · 1 to 5
    Dec 17, 2025 to Feb 10, 2026
  • HNW clients · 35 to 105
    Dec 17, 2025 to Feb 10, 2026
  • Individual clients · 47 to 83
    Dec 17, 2025 to Feb 10, 2026
  • Assets in custody · $134,092 to $14.6M
    Dec 17, 2025 to Feb 10, 2026
  • Employees · 3 to 5
    Dec 17, 2025 to Feb 10, 2026
  • Financial planning clients · 0 to 1-10
    Dec 17, 2025 to Feb 10, 2026
  • State-registered IARs · 1 to 5
    Dec 17, 2025 to Feb 10, 2026
  • Other offices · 3 to 4
    Dec 17, 2025 to Feb 10, 2026
  • Discretionary RAUM · $102M to $434M
    Dec 17, 2025 to Feb 10, 2026
  • HNW RAUM · $74.8M to $374M
    Dec 17, 2025 to Feb 10, 2026
  • Individual RAUM · $26.7M to $59.8M
    Dec 17, 2025 to Feb 10, 2026
  • RAUM · $102M to $434M
    Dec 17, 2025 to Feb 10, 2026
  • Wrap assets (manager) · $102M to $126M
    Dec 17, 2025 to Feb 10, 2026
  • Wrap assets (sponsor) · $102M to $126M
    Dec 17, 2025 to Feb 10, 2026
  • Financial planning clients · 0 to 0
    Mar 10, 2025 to Aug 6, 2025
  • Other offices · 0 to 3
    Mar 10, 2025 to Aug 6, 2025
Signals
1 dated events
  • R••••• A•••• reported RAUM $433.7M, up 327% from $101.5M (2025-12-17 to 2026-02-10)
    Feb 10, 2026 · RAUM change · derived
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
Firm profile
linkedin.com/company/align-financial-llc/aboutreportedpublic record, Form ADV, Sep 18, 2026
Website
agileretirementmanagement.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
218-336-2506reportedpublic record, Form ADV, Sep 9, 2026
Team page
retireagile.com/teamreportedpublished 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
$108Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026