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

M••••••

Independent wealth managerBoulder, ColoradoCRD 309397SEC 801-119004websiteIAPD
Legal name M•••••• L••
Latest filing Jul 16, 2026
First filing on the tape Jun 1, 2020 · 32 filings
SEC status approved since Jul 1, 2020
RAUM
$2.1M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
100%
$2.1M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
35
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$2.1M as of Jul 16, 2026
Mar 31, 2022$13,180 then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 16, 2026
Mar 15, 20210 then
Employees (5.A)35 as of Jul 16, 2026
Mar 15, 202122 then
Private funds: no history
RAUM -3.2% over the last fiscal year+19% a year over threeIARs 1 to 0
Practice profile
derived from the filing of Jul 16, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM 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
$277derivedRAUM 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
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-3.2%derivedbetween the last two annual amendments
Advisor growth, one year
-100%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
otherreportedItem 5.E
Advisory activities
otherreportedItem 5.G
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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$2.1M100%
Individual clients
7,648reported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
7,648reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
n/areported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 days1 left over 36 months
Joined, latest
none on the tape
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • N•••• V••••• B•••••••• · Chairmancontrol
      since 06/2018 · owns less than 5%
    • S•••••••• R••••• A••••• · Ccocontrol
      since 09/2022 · owns less than 5%
    • V•• H•••• T•••••• J••••• · Chief Product Officercontrol
      since 12/2020 · owns less than 5%
    • N•••• V••••• B•••••••• · Managing Membercontrol
      since 06/2018 · owns 75% or more of N••• A••••••• S••••••• I••
    Entity owners
    • T•• T•••• G•••• L•• · Member
      direct · owns 75% or more
    • N••• A••••••• S••••••• I•• · Member
      indirect · owns 25% to 50% of T•• T•••• G•••• L••
    Related persons
    Schedule D 7.A
    Advisers that list M•••••• as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Alameda, Ca001
    Offices
    Schedule D 1.F, the 25 largest
    • New York, NY1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 10,121 to 7,648
      Jun 5, 2025 to Mar 30, 2026
    • Advisory employees · 4 to 2
      Jun 5, 2025 to Mar 30, 2026
    • Individual clients · 10,121 to 7,648
      Jun 5, 2025 to Mar 30, 2026
    • Employees · 47 to 35
      Jun 5, 2025 to Mar 30, 2026
    • State-registered IARs · 1 to 0
      Jun 5, 2025 to Mar 30, 2026
    • Individual RAUM · $2.2M to $2.1M
      Jun 5, 2025 to Mar 30, 2026
    • Non-discretionary RAUM · $2.2M to $2.1M
      Jun 5, 2025 to Mar 30, 2026
    • RAUM · $2.2M to $2.1M
      Jun 5, 2025 to Mar 30, 2026
    • Related broker-dealer · true to false
      Jun 5, 2025 to Mar 30, 2026
    • Employees · 46 to 47
      Mar 31, 2025 to Jun 5, 2025
    • Financial planning clients · unset to
      Mar 31, 2025 to Jun 5, 2025
    • Business name · M•••••• L•• to M••••••
      Oct 7, 2024 to Mar 31, 2025
    • Accounts · 38,185 to 10,121
      Oct 7, 2024 to Mar 31, 2025
    • BD registered reps · 1 to 0
      Oct 7, 2024 to Mar 31, 2025
    • Individual clients · 38,185 to 10,121
      Oct 7, 2024 to Mar 31, 2025
    • Employees · 38 to 46
      Oct 7, 2024 to Mar 31, 2025
    • Other offices · 1 to 0
      Oct 7, 2024 to Mar 31, 2025
    • Discretionary RAUM · $1.7M to $0
      Oct 7, 2024 to Mar 31, 2025
    • Individual RAUM · $1.7M to $2.2M
      Oct 7, 2024 to Mar 31, 2025
    • Non-discretionary RAUM · $0 to $2.2M
      Oct 7, 2024 to Mar 31, 2025
    • RAUM · $1.7M to $2.2M
      Oct 7, 2024 to Mar 31, 2025
    • Accounts · 25,727 to 38,185
      Nov 20, 2023 to Mar 28, 2024
    • Advisory employees · 3 to 4
      Nov 20, 2023 to Mar 28, 2024
    • BD registered reps · 0 to 1
      Nov 20, 2023 to Mar 28, 2024
    • Individual clients · 25,426 to 38,185
      Nov 20, 2023 to Mar 28, 2024
    • Employees · 21 to 38
      Nov 20, 2023 to Mar 28, 2024
    • State-registered IARs · 0 to 1
      Nov 20, 2023 to Mar 28, 2024
    • Discretionary RAUM · $1.3M to $1.7M
      Nov 20, 2023 to Mar 28, 2024
    • Individual RAUM · $1.3M to $1.7M
      Nov 20, 2023 to Mar 28, 2024
    • RAUM · $1.3M to $1.7M
      Nov 20, 2023 to Mar 28, 2024
    • Accounts · 11 to 25,727
      Aug 4, 2022 to Mar 31, 2023
    • Advisory activities · 2 to 1
      Aug 4, 2022 to Mar 31, 2023
    • Individual clients · 11 to 25,426
      Aug 4, 2022 to Mar 31, 2023
    • Employees · 16 to 21
      Aug 4, 2022 to Mar 31, 2023
    • Discretionary RAUM · $13,180 to $1.3M
      Aug 4, 2022 to Mar 31, 2023
    • Individual RAUM · $13,180 to $1.3M
      Aug 4, 2022 to Mar 31, 2023
    • RAUM · $13,180 to $1.3M
      Aug 4, 2022 to Mar 31, 2023
    • Wrap assets (manager) · 0.0 to unset
      Aug 4, 2022 to Mar 31, 2023
    • Wrap assets (sponsor) · 13180.0 to unset
      Aug 4, 2022 to Mar 31, 2023
    • Related broker-dealer · false to true
      Apr 1, 2022 to Jul 5, 2022
    Signals
    13 dated events
    • A•••••••• E••• L••• left Magnifi for Q••••• I••• (registered 2026-05-18)
      Oct 16, 2025 · Advisor changed firm · fact
    • A••••• R•••• S••••••• (Cco) appeared on Schedule A of Magnifi
      Mar 31, 2023 · Control person joined · fact
    • Earl Steven Schraibman (Chief Compliance Officer) no longer on Schedule A of Magnifi (listed 2022-08-04, absent 2023-03-31)
      Mar 31, 2023 · Control person left · inference
    • Jon K•••• (General Manager) no longer on Schedule A of Magnifi (listed 2022-08-04, absent 2023-03-31)
      Mar 31, 2023 · Control person left · inference
    • Jon K•••• (General Manager) appeared on Schedule A of Magnifi
      Jul 5, 2022 · Control person joined · fact
    • Oppegard Jeremy May (Chief Operating Officer) no longer on Schedule A of Magnifi (listed 2021-03-15, absent 2021-08-26)
      Aug 26, 2021 · Control person left · inference
    • Michael Richard Hurwitz (Chief Executive Officer) no longer on Schedule A of Magnifi (listed 2021-03-15, absent 2021-08-26)
      Aug 26, 2021 · Control person left · inference
    • Earl Steven Schraibman (Chief Compliance Officer) appeared on Schedule A of Magnifi
      Mar 15, 2021 · Control person joined · fact
    • Douglas Colby Stilson (Chief Compliance Officer) no longer on Schedule A of Magnifi (listed 2020-12-11, absent 2021-03-15)
      Mar 15, 2021 · Control person left · inference
    • J••••• T••••• Van H••• (Chief Product Officer) appeared on Schedule A of Magnifi
      Dec 11, 2020 · Control person joined · fact
    • Oppegard Jeremy May (Chief Operating Officer) appeared on Schedule A of Magnifi
      Jul 28, 2020 · Control person joined · fact
    • Michael Richard Hurwitz (Chief Executive Officer) appeared on Schedule A of Magnifi
      Jul 28, 2020 · Control person joined · fact
    • M•••••• L•• filed its initial SEC registration (Form ADV)
      Jun 1, 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
    Firm profile
    linkedin.com/company/discovermagnifireportedpublic record, Form ADV, Sep 19, 2026
    Website
    magnifi.comreportedpublic record, Form ADV, Sep 19, 2026
    Principal office phone
    888-807-4066reportedpublic record, Form ADV, Jul 16, 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
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026