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Former SEC-registered adviser

N••••• W••••• L••

Former SEC-registered adviserScottsdale, ArizonaCRD 309846SEC 801-127771websiteIAPD
Latest filing Apr 28, 2025
First filing on the tape Apr 12, 2021 · 11 filings
SEC status approved since Apr 28, 2023
RAUM
$21.8M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$21.8M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$21.8M
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$21.8M as of Apr 28, 2025
Mar 20, 2024$11.9M then
HNW client RAUM$8.7M as of Apr 28, 2025
Mar 20, 2024$5.3M then
State-registered IARs (5.B.3)1 as of Apr 28, 2025
Mar 20, 20241 then
Employees (5.A)1 as of Apr 28, 2025
Mar 20, 20241 then
Private funds: no history
RAUM +83% over the last fiscal yearIARs 1 to 1
Practice profile
derived from the filing of Apr 28, 2025; every figure names its basis
RAUM per advisor
$21.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
25derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$215,405derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+83%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.0%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$13.1M60%
  • High-net-worth individuals$8.7M40%
Individual clients
20reported
HNW clients
5reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
101reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J•••••• N•••••Scottsdale, AzSep 24, 202022 y0
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
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • N•••••• J•••••• · Ceo And Ccocontrol
        since 06/2020 · owns 75% or more
      Related persons
      Schedule D 7.A
      Advisers that list N••••• W••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 91 to 101
        Aug 14, 2024 to Apr 28, 2025
      • Discretionary RAUM · $11.9M to $21.8M
        Aug 14, 2024 to Apr 28, 2025
      • HNW RAUM · $5.3M to $8.7M
        Aug 14, 2024 to Apr 28, 2025
      • Individual RAUM · $6.6M to $13.1M
        Aug 14, 2024 to Apr 28, 2025
      • RAUM · $11.9M to $21.8M
        Aug 14, 2024 to Apr 28, 2025
      • Accounts · 92 to 91
        Feb 8, 2024 to Mar 20, 2024
      • Discretionary RAUM · $7.5M to $11.9M
        Feb 8, 2024 to Mar 20, 2024
      • HNW RAUM · $3.3M to $5.3M
        Feb 8, 2024 to Mar 20, 2024
      • Individual RAUM · $4.2M to $6.6M
        Feb 8, 2024 to Mar 20, 2024
      • RAUM · $7.5M to $11.9M
        Feb 8, 2024 to Mar 20, 2024
      • Accounts · 21 to 92
        May 5, 2021 to Mar 29, 2023
      • Advisory employees · 2 to 1
        May 5, 2021 to Mar 29, 2023
      • HNW clients · unset to 5.0
        May 5, 2021 to Mar 29, 2023
      • Individual clients · 21 to 20
        May 5, 2021 to Mar 29, 2023
      • Employees · 4 to 1
        May 5, 2021 to Mar 29, 2023
      • State-registered IARs · 2 to 1
        May 5, 2021 to Mar 29, 2023
      • Discretionary RAUM · $4.8M to $7.5M
        May 5, 2021 to Mar 29, 2023
      • HNW RAUM · unset to 3346172.0
        May 5, 2021 to Mar 29, 2023
      • Individual RAUM · $4.8M to $4.2M
        May 5, 2021 to Mar 29, 2023
      • RAUM · $4.8M to $7.5M
        May 5, 2021 to Mar 29, 2023
      • Advisory employees · 1 to 2
        Apr 12, 2021 to May 5, 2021
      • State-registered IARs · 1 to 2
        Apr 12, 2021 to May 5, 2021
      • Advisory activities · 2 to 1
        May 5, 2021 to May 5, 2021
      Signals
      2 dated events
      • N••••• W••••• L•• no longer on the SEC adviser roster (last listed 2025-05-02, RAUM $21.8M)
        Jun 2, 2025 · Left the SEC roster · derived
      • N••••• W••••• L•• filed its initial SEC registration (Form ADV)
        Apr 12, 2021 · 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
      Website
      n•••••••••.comreportedpublic record, Form ADV, Sep 21, 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
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $21.8Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026