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.
SEC-registered adviser
Dfc Preferred Advisors LLC
Latest filing Mar 11, 2026
First filing on the tape Oct 13, 2020 · 9 filings
SEC status approved since Nov 9, 2020
RAUM
$229M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$229M as of Mar 11, 2026
Mar 29, 2021$286M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 11, 2026
Mar 29, 20212 then
Employees (5.A)3 as of Mar 11, 2026
Mar 29, 20213 then
Private funds: no history
RAUM -6.8% over the last fiscal year+1.9% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 11, 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
- $229MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%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
- -6.8%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for investment companiesreportedItem 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
- receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$229M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=3.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
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
- Reid Myles Blechner · Chief Compliance Officercontrolsince 02/2020 · owns less than 5%
- Robert Watson · Presidentsince 02/2021 · owns less than 5%
Entity owners
- Destra Capital Advisors LLC · Member And Managerdirect · owns 50% to 75%
- Flaherty & Crumrine Incorporated · Memberdirect · owns 50% to 75%
- Destra Capital Managementllc · Memberindirect · owns 75% or more of Destra Capital Advisors LLC
Related persons
Schedule D 7.A
- Destra Capital Advisors LLCinvestment advisernRAUM $464M
- Destra Capital Investments LLCbroker-dealern
- Destra Insurance Services LLCreal estaten
Advisers that list Dfc Preferred Advisors LLC as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Financial planning clients · 0 to Mar 19, 2025 to Mar 11, 2026
- Discretionary RAUM · $245M to $229MMar 19, 2025 to Mar 11, 2026
- RAUM · $245M to $229MMar 19, 2025 to Mar 11, 2026
- Financial planning clients · 0 to 0Feb 28, 2024 to Mar 19, 2025
- Discretionary RAUM · $205M to $245MFeb 28, 2024 to Mar 19, 2025
- RAUM · $205M to $245MFeb 28, 2024 to Mar 19, 2025
- Discretionary RAUM · $216M to $205MMar 21, 2023 to Feb 28, 2024
- RAUM · $216M to $205MMar 21, 2023 to Feb 28, 2024
- BD registered reps · 2 to 3Mar 4, 2022 to Mar 21, 2023
- Discretionary RAUM · $328M to $216MMar 4, 2022 to Mar 21, 2023
- RAUM · $328M to $216MMar 4, 2022 to Mar 21, 2023
- Insurance-licensed employees · 0 to 3Aug 17, 2021 to Mar 4, 2022
- State-registered IARs · 2 to 0Aug 17, 2021 to Mar 4, 2022
- Discretionary RAUM · $0 to $328MAug 17, 2021 to Mar 4, 2022
- Non-discretionary RAUM · $286M to $0Aug 17, 2021 to Mar 4, 2022
- RAUM · $286M to $328MAug 17, 2021 to Mar 4, 2022
- HQ city · CHICAGO to BOZEMANMar 29, 2021 to Aug 17, 2021
- HQ state · IL to MTMar 29, 2021 to Aug 17, 2021
- Accounts · 0 to 1Oct 13, 2020 to Mar 11, 2021
- Non-discretionary RAUM · $0 to $286MOct 13, 2020 to Mar 11, 2021
- RAUM · $0 to $286MOct 13, 2020 to Mar 11, 2021
Signals
2 dated events
- Dfc Preferred Advisors Llc reported RAUM $216.4M, down 34% from $328.0M (2022-03-04 to 2023-03-21)Mar 21, 2023 · RAUM change · derived
- Dfc Preferred Advisors Llc filed its initial SEC registration (Form ADV)Oct 13, 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
- Principal office phone
- 877-855-3434reportedpublic record, Form ADV, Mar 11, 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
- Asset manager (funds and pooled vehicles)deriveda 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