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

S••••• • S••••

Independent wealth managerCRD 309306SEC 801-118892websiteIAPD
Legal name S••••• • S•••• W••••• M••••••••• L••
Latest filing Mar 31, 2026
First filing on the tape May 11, 2020 · 33 filings
SEC status approved since Jun 12, 2020
RAUM
$334M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$334M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$41.7M
derived; firm RAUM over IAPD count
Employees
10
9 advisory (5.B.1)
Offices
8
beyond the principal office
Private funds
0
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$334M as of Mar 31, 2026
Mar 29, 2021$102M then
HNW client RAUM$142M as of Mar 31, 2026
Mar 29, 2021$56.1M then
State-registered IARs (5.B.3)8 as of Mar 31, 2026
Mar 29, 20213 then
Employees (5.A)10 as of Mar 31, 2026
Mar 29, 20214 then
Private funds: no history
RAUM +9.8% over the last fiscal year+23% a year over threeIARs 7 to 8offices 6 to 8
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
$41.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
30derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.7MderivedHNW RAUM over HNW clients
Average account
$478,117derivedRAUM 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
0.9derived9 offices incl. principal (1.F.5)
RAUM growth, one year
+9.8%derivedbetween the last two annual amendments
Advisor growth, one year
+14%derivedItem 5.B.3 between annual amendments
Client growth, one year
-12%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, otherreportedItem 5.G
Custody
$135M, 171 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)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$192M57%
  • High-net-worth individuals$142M43%
Individual clients
213reported
HNW clients
30reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
698reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$135M for 171 clientsreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=true bd_reps=0.0 bank_owner=falsederived
Advisors registered through the firm
7 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D••••• A•••• B•••••Chartered Financial AnalystSan Francisco, Ca Sep 1, 202020 y4
T••• A••• S•••San Francisco, CaOct 6, 202029 y10
C••• B•••• B•••San Francisco, Ca Jan 15, 202113 y3
G•••••• K•••••• W••••••Meridian, IdJul 20, 202110 y0
L• P••• G•••Plano, Tx Aug 31, 202226 y5
M••••••• H••••• F•••••••Bellevue, WaJun 28, 202330 y1
W•••••• J• R••••Chartered Financial AnalystRenton, WaNov 18, 202528 y2
Advisor movement
0 left, 1 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B•••• C•••• B•••• · Chief Business Development Officercontrol
    since 01/2021 · owns less than 5%
  • B•••••• D•••••• A•••• · Chief Investment Officercontrol
    since 10/2020 · owns less than 5%
  • L••• M••••••• M••• · Chief Compliance Officercontrol
    since 01/2022 · owns less than 5%
  • S•••• T•••• A••• · Chief Executive Officercontrol
    since 10/2020 · owns less than 5%
  • B•••• C•••• B•••• · Managing Membercontrol
    since 02/2020 · owns 75% or more of T•••• B••••• H•••••• L••
  • B•••••• D•••••• A•••• · Managing Membercontrol
    since 03/2021 · owns 75% or more of U••••••• C•••••• L••
  • L••• M••••••• M••• · Membercontrol
    since 09/2016 · owns 50% to 75% of H••••••• A••••••• L••
  • S•••• T•••• A••• · Membercontrol
    since 09/2016 · owns 50% to 75% of H••••••• A••••••• L••
Entity owners
  • H••••••• A••••••• L•• · Member
    direct · owns 50% to 75%
  • T•••• B••••• H•••••• L•• · Member
    direct · owns 25% to 50%
  • U••••••• C•••••• L•• · Member
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
San Francisco, Ca300
Bellevue, Wa200
Renton, Wa210
Offices
Schedule D 1.F, the 25 largest
  • Bellevue, WA1 employees
  • Burlingame, CA1 employees
  • , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • custody status changedChange between filings · filing Mar 31, 2026
    custody of client assets (Item 9.A): no on the filing of 2025-11-18, yes on the filing of 2026-03-31
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 658 to 698
    Nov 18, 2025 to Mar 31, 2026
  • Advisory employees · 7 to 9
    Nov 18, 2025 to Mar 31, 2026
  • HNW clients · 29 to 30
    Nov 18, 2025 to Mar 31, 2026
  • Individual clients · 248 to 213
    Nov 18, 2025 to Mar 31, 2026
  • Assets in custody · unset to 135402905.0
    Nov 18, 2025 to Mar 31, 2026
  • Custody of client assets · false to true
    Nov 18, 2025 to Mar 31, 2026
  • Employees · 8 to 10
    Nov 18, 2025 to Mar 31, 2026
  • State-registered IARs · 7 to 8
    Nov 18, 2025 to Mar 31, 2026
  • Other offices · 7 to 8
    Nov 18, 2025 to Mar 31, 2026
  • Discretionary RAUM · $288M to $334M
    Nov 18, 2025 to Mar 31, 2026
  • HNW RAUM · $126M to $142M
    Nov 18, 2025 to Mar 31, 2026
  • Individual RAUM · $178M to $192M
    Nov 18, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $16.2M to $0
    Nov 18, 2025 to Mar 31, 2026
  • RAUM · $304M to $334M
    Nov 18, 2025 to Mar 31, 2026
  • Other offices · 6 to 7
    Jul 29, 2025 to Nov 18, 2025
  • Financial planning clients · 51-100 to 51-100
    Mar 31, 2025 to Jul 29, 2025
  • Accounts · 607 to 658
    Mar 30, 2024 to Mar 31, 2025
  • HNW clients · 38 to 29
    Mar 30, 2024 to Mar 31, 2025
  • Individual clients · 223 to 248
    Mar 30, 2024 to Mar 31, 2025
  • HQ city · unset to
    Mar 30, 2024 to Mar 31, 2025
  • HQ state · unset to
    Mar 30, 2024 to Mar 31, 2025
  • Discretionary RAUM · $242M to $288M
    Mar 30, 2024 to Mar 31, 2025
  • HNW RAUM · $110M to $126M
    Mar 30, 2024 to Mar 31, 2025
  • Individual RAUM · $137M to $178M
    Mar 30, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $6.4M to $16.2M
    Mar 30, 2024 to Mar 31, 2025
  • RAUM · $248M to $304M
    Mar 30, 2024 to Mar 31, 2025
  • Accounts · 463 to 607
    Jun 28, 2023 to Mar 30, 2024
  • HNW clients · 39 to 38
    Jun 28, 2023 to Mar 30, 2024
  • Individual clients · 137 to 223
    Jun 28, 2023 to Mar 30, 2024
  • Discretionary RAUM · $179M to $242M
    Jun 28, 2023 to Mar 30, 2024
  • HNW RAUM · $100M to $110M
    Jun 28, 2023 to Mar 30, 2024
  • Individual RAUM · $78.2M to $137M
    Jun 28, 2023 to Mar 30, 2024
  • Non-discretionary RAUM · $0 to $6.4M
    Jun 28, 2023 to Mar 30, 2024
  • RAUM · $179M to $248M
    Jun 28, 2023 to Mar 30, 2024
  • Advisory employees · 6 to 7
    Apr 6, 2023 to Jun 28, 2023
  • Employees · 7 to 8
    Apr 6, 2023 to Jun 28, 2023
  • Insurance-licensed employees · 0 to 1
    Apr 6, 2023 to Jun 28, 2023
  • State-registered IARs · 6 to 7
    Apr 6, 2023 to Jun 28, 2023
  • Other offices · 5 to 6
    Apr 6, 2023 to Jun 28, 2023
  • Related insurance company · false to true
    Apr 6, 2023 to Jun 28, 2023
Signals
4 dated events
  • Brett Cory Baer (Chief Business Development Officer) appeared on Schedule A of S••••• • S••••
    Mar 29, 2021 · Control person joined · fact
  • Alan Todd Sixt (Member) appeared on Schedule A of S••••• • S••••
    Oct 5, 2020 · Control person joined · fact
  • M••• M•••••• Lee (Member) appeared on Schedule A of S••••• • S••••
    Oct 5, 2020 · Control person joined · fact
  • S••••• • S•••• W••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
    May 11, 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 email
i•••@s•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
425-577-7710reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
425-577-7711reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
877-331-3112reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/strait-and-soundreportedpublic record, Form ADV, Sep 18, 2026
Website
s•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(425) 577-7710reportedpublic record, Form ADV, Mar 31, 2026
Contact form
s•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
Team page
s•••••••••.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
$41.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026