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

A•••• P•••••• W••••• L••

Independent wealth managerHolladay, UtahCRD 309862SEC 801-127736websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 26, 2023 · 11 filings
SEC status approved since Apr 26, 2023
RAUM
$268M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
71%
$192M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$67.1M
derived; firm RAUM over IAPD count
Employees
7
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
29
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$268M as of Mar 31, 2026
Mar 28, 2024$139M then
HNW client RAUM$175M as of Mar 31, 2026
Mar 28, 2024$83.7M then
State-registered IARs (5.B.3)4 as of Mar 31, 2026
Mar 28, 20244 then
Employees (5.A)7 as of Mar 31, 2026
Mar 28, 20248 then
Private funds29 as of Mar 31, 2026
Mar 28, 202421 then
RAUM +52% over the last fiscal yearIARs 4 to 4
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
  • ria with p•••••• funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
RAUM per advisor
$67.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
29derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$289,326derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+52%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+16%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisers, 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)
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • the adviser acts as qualified custodian (9.D.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$175M65%
  • Pooled investment vehicles$76.6M29%
  • Individuals$16.7M6.2%
Individual clients
42reported
HNW clients
75reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
928reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.71 fund_share=0.29 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••••• K••• S•••••••Holladay, UtJul 16, 202013 y1
A••• S••••••Holladay, UtJun 23, 202211 y0
H••••• J•••• M••••• L•••••••Holladay, UtAug 1, 202211 y0
Z•••••• B•••• S••••••Holladay, UtAug 28, 202420 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 headcount1 left over 36 months
Private funds
21 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
A•••• V•••••• F••• I• L•Venture Capital Fund$4.2M29Mar 26, 2023
A•••• G••••• F••• I• L•Venture Capital Fund$4.2M28Mar 26, 2023
A•••• O••••••••• F••• C••• L••Other Private Fund$4.0M19Mar 26, 2023
A•••• O••••••••• F••• V••• L••Private Equity Fund$3.5M17Mar 26, 2023
A•••• G••••• F••• I•• L•Venture Capital Fund$3.2M27Mar 26, 2023
A•••• V•••••• F••• I•• L•Venture Capital Fund$3.1M33Mar 26, 2023
A•••• O••••••••• F••• G•• L••Venture Capital Fund$3.0M8Mar 28, 2024
A•••• C••••• L••••• F•••• L•Venture Capital Fund$2.6M31Mar 26, 2023
A•••• O••••••••• F••• A••• L••Venture Capital Fund$2.3M18Mar 26, 2023
A•••• G••••• F••• I•• L•Venture Capital Fund$2.0M19Mar 28, 2024
A•••• E••••••• V•••••• F••• I•• L•Venture Capital Fund$2.0M23Mar 28, 2024
A•••• O••••••••• F••• P••• L••Venture Capital Fund$2.0M34Mar 26, 2023
A•••• V•••••• F••• I•• L•Venture Capital Fund$1.7M16Mar 28, 2024
A•••• O••••••••• F••• S••• L••Private Equity Fund$1.6M8Mar 26, 2023
A•••• O••••••••• F••• T•• L••Private Equity Fund$1.3M10Mar 28, 2024
A•••• O••••••••• F••• N••• L••Private Equity Fund$1.2M4Mar 26, 2023
A•••• C••••• F••• I•• L•Venture Capital Fund$893,31811Mar 28, 2024
A•••• O••••••••• F••• F••• L••Private Equity Fund$565,00013Mar 26, 2023
A•••• O••••••••• F••• F••• L••Venture Capital Fund$400,00021Mar 26, 2023
A•••• O••••••••• F••• R•• L••Venture Capital Fund$385,00012Mar 28, 2024
A•••• O••••••••• F••• E•• L••Other Private Fund$350,00014Mar 28, 2024
Owners and control persons
Schedule A and B, latest filing
  • D••••••• F••••• · Partner, Coo, And Co-Chief Investment Officercontrol
    since 02/2024 · owns less than 5%
  • S•••••••• R•••••• K••• · Chief Executive Officer And Chief Compliance Officercontrol
    since 06/2020 · owns 75% or more
Related persons
Schedule D 7.A
  • A•••• C••••• L••••• G•• L••
    pooled vehicle sponsorn
  • A•••• F••• M••••••••• L••
    pooled vehicle sponsorn
  • A•••• G••••• G• I• L••
    pooled vehicle sponsorn
  • A•••• G••••• G• I•• L••
    pooled vehicle sponsorn
  • A•••• V•••••• G• I• L••
    pooled vehicle sponsorn
  • A•••• V•••••• G• I•• L••
    pooled vehicle sponsorn
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Holladay, Ut · principal400
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • RAUM up 50 %Change between filings · filing Mar 31, 2026
    RAUM (Item 5.F) moved from $176,738,174 to $268,494,780 (+52.0%) between the annual amendments of 2025-03-25 and 2026-03-31; the peer median change was +15.0% (4550 comparable advisers, 96.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (4,550) · 96% percentile
What changed
consecutive filings, newest first
  • Accounts · 713 to 928
    Aug 9, 2025 to Mar 31, 2026
  • HNW clients · 67 to 75
    Aug 9, 2025 to Mar 31, 2026
  • Individual clients · 34 to 42
    Aug 9, 2025 to Mar 31, 2026
  • Pooled vehicle clients · 25 to 29
    Aug 9, 2025 to Mar 31, 2026
  • Private funds · 25 to 29
    Aug 9, 2025 to Mar 31, 2026
  • Discretionary RAUM · $177M to $268M
    Aug 9, 2025 to Mar 31, 2026
  • HNW RAUM · $110M to $175M
    Aug 9, 2025 to Mar 31, 2026
  • Individual RAUM · $6.9M to $16.7M
    Aug 9, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $140,171 to $0
    Aug 9, 2025 to Mar 31, 2026
  • Pooled vehicle RAUM · $60.1M to $76.6M
    Aug 9, 2025 to Mar 31, 2026
  • RAUM · $177M to $268M
    Aug 9, 2025 to Mar 31, 2026
  • Financial planning clients · 51-100 to 51-100
    Mar 25, 2025 to Jul 8, 2025
  • Accounts · 218 to 713
    Oct 2, 2024 to Mar 25, 2025
  • HNW clients · 61 to 67
    Oct 2, 2024 to Mar 25, 2025
  • Individual clients · 37 to 34
    Oct 2, 2024 to Mar 25, 2025
  • Pooled vehicle clients · 21 to 25
    Oct 2, 2024 to Mar 25, 2025
  • Employees · 8 to 7
    Oct 2, 2024 to Mar 25, 2025
  • Private funds · 21 to 25
    Oct 2, 2024 to Mar 25, 2025
  • Discretionary RAUM · $139M to $177M
    Oct 2, 2024 to Mar 25, 2025
  • HNW RAUM · $83.7M to $110M
    Oct 2, 2024 to Mar 25, 2025
  • Individual RAUM · $11.1M to $6.9M
    Oct 2, 2024 to Mar 25, 2025
  • Non-discretionary RAUM · $44,615 to $140,171
    Oct 2, 2024 to Mar 25, 2025
  • Pooled vehicle RAUM · $44.4M to $60.1M
    Oct 2, 2024 to Mar 25, 2025
  • RAUM · $139M to $177M
    Oct 2, 2024 to Mar 25, 2025
  • Accounts · 475 to 218
    Feb 8, 2024 to Mar 28, 2024
  • Advisory employees · 3 to 4
    Feb 8, 2024 to Mar 28, 2024
  • HNW clients · 57 to 61
    Feb 8, 2024 to Mar 28, 2024
  • Individual clients · 24 to 37
    Feb 8, 2024 to Mar 28, 2024
  • Pooled vehicle clients · 13 to 21
    Feb 8, 2024 to Mar 28, 2024
  • Employees · 5 to 8
    Feb 8, 2024 to Mar 28, 2024
  • Financial planning clients · 1-10 to 51-100
    Feb 8, 2024 to Mar 28, 2024
  • State-registered IARs · 3 to 4
    Feb 8, 2024 to Mar 28, 2024
  • Private funds · 13 to 21
    Feb 8, 2024 to Mar 28, 2024
  • Discretionary RAUM · $103M to $139M
    Feb 8, 2024 to Mar 28, 2024
  • HNW RAUM · $70.3M to $83.7M
    Feb 8, 2024 to Mar 28, 2024
  • Individual RAUM · $4.3M to $11.1M
    Feb 8, 2024 to Mar 28, 2024
  • Non-discretionary RAUM · $122,540 to $44,615
    Feb 8, 2024 to Mar 28, 2024
  • Pooled vehicle RAUM · $28.5M to $44.4M
    Feb 8, 2024 to Mar 28, 2024
  • RAUM · $103M to $139M
    Feb 8, 2024 to Mar 28, 2024
Signals
3 dated events
  • F••••• D•••••• left A•••• P•••••• W••••• L•• for D•••••• W••••• M••••••••• (registered 2025-06-16)
    Mar 7, 2025 · Advisor changed firm · fact
  • F••••• D•••••• (Partner, Coo, And Co-Chief Investment Officer) appeared on Schedule A of A•••• P•••••• W••••• L••
    Mar 28, 2024 · Control person joined · fact
  • A•••• P•••••• W••••• L•• filed its initial SEC registration (Form ADV)
    Mar 26, 2023 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business phone
435-252-1099reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/athos-private-wealthreportedpublic record, Form ADV, Sep 18, 2026
Website
ATHOSWEALTH.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
435-252-1099reportedpublic record, Form ADV, Mar 31, 2026
Team page
athoswealth.com/our-teamreportedpublished 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
$67.1Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026