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
Driven Investments LLC
Latest filing Mar 3, 2026
First filing on the tape Jan 18, 2022 · 18 filings
SEC status approved since Mar 23, 2022
RAUM
$239M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
100%
$239M individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$26.6M
derived; firm RAUM over IAPD count
Employees
8
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$239M as of Mar 3, 2026
Mar 17, 2023$63.2M then
HNW client RAUM$32.3M as of Mar 3, 2026
Mar 17, 2023$3.2M then
State-registered IARs (5.B.3)8 as of Mar 3, 2026
Mar 17, 20233 then
Employees (5.A)8 as of Mar 3, 2026
Mar 17, 20234 then
Private funds: no history
RAUM +42% over the last fiscal year+56% a year over threeIARs 5 to 8
Practice profile
derived from the filing of Mar 3, 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
- Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
- RAUM per advisor
- $26.6MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 132derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.2MderivedHNW RAUM over HNW clients
- Average account
- $120,924derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 0.9derivedItem 5.A over advisors
- Advisors per office
- 9.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +42%derivedbetween the last two annual amendments
- Advisor growth, one year
- +60%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +3.5%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
- Custody
- $9.2M, 265 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$207M86%
- High-net-worth individuals$32.3M14%
- Individual clients
- 1,177reported
- HNW clients
- 15reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 1,978reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- $9.2M for 265 clientsreported
- Compensation
- % of AUM, fixedreported
- 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
9 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Joshua Cole Weir | Lehi, Ut | Sep 22, 2020 | 12 y | 2 |
| Aaron Daniel Pugh | Lehi, Ut | Sep 22, 2020 | 13 y | 2 |
| Christian Alexander Williams | Lehi, Ut | Dec 1, 2020 | 12 y | 1 |
| Brigham Taylor Ballard | Lehi, Ut | Jun 14, 2023 | 12 y | 0 |
| Jack Douglas Holmes | Lehi, Ut | Apr 8, 2024 | 12 y | 0 |
| Sadie Sanches | Lehi, Ut | Mar 11, 2025 | 12 y | 0 |
| Ivanna Sofia Velazco | Lehi, Ut | Jun 25, 2025 | 11 y | 0 |
| Brock A Payne | Lehi, Ut | Apr 2, 2026 | 13 y | 1 |
| Thomas Stephen Tuohy | Lehi, Ut | Apr 2, 2026 | 13 y | 0 |
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 11% of current headcount3 left over 36 months
Left, latest
- Joshua Bonham to Merrill Lynch, Pierce, Fenner & Smith IncorporatedMar 17, 2026 · RIA to wirehouse
- Jacob M Demharter to Osaic Wealth, Inc.Aug 28, 2025 · RIA to affiliated broker-dealer or bank
- Nicholas Vance Bodily to Amicus Financial Advisors, LLCJul 22, 2024 · RIA to RIA
Joined, latest
- Brock A Payne from Merrill Lynch, Pierce, Fenner & Smith IncorporatedApr 2, 2026 · Wirehouse to independent RIA
- Christian Alexander Williams from Transamerica Financial Advisors, LLCDec 1, 2020 · Affiliated broker-dealer or bank to independent RIA
- Aaron Daniel Pugh from Interactive Financial AdvisorsSep 22, 2020 · RIA to RIA
- Joshua Cole Weir from Interactive Financial AdvisorsSep 22, 2020 · RIA to RIA
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Daniel Aaron Pugh · Chief Investment Officer, Partnercontrolsince 06/2020 · owns less than 5%
- Cole Joshua Weir · Managing Member, Partner & Chief Compliance Officercontrolsince 06/2020 · owns 50% to 75%
- Daniel Aaron Pugh · Trusteecontrolsince 08/2020 · owns F of The M&A Family Trust By Aaron Daniel Pugh
- Jack Madeleine Pugh · Trusteecontrolsince 08/2020 · owns F of The M&A Family Trust By Aaron Daniel Pugh
- Alexander Christian Williams · Partnersince 11/2020 · owns less than 5%
Entity owners
- The M&A Family Trust By Aaron Daniel Pugh · Ownerdirect · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Lehi, Ut | 9 | 2 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
4 against comparable advisers; where to look, not conclusions
- custody status changedChange between filings · filing Mar 3, 2026custody of client assets (Item 9.A): no on the filing of 2026-01-13, yes on the filing of 2026-03-03peers: independent wealth managers, $100M to $500M (5,676)
- account count surgeChange between filings · filing Mar 3, 2026accounts (Item 5.F.2.f) moved from 1,152.0 to 1,978.0 (+72.0%) between the annual amendments of 2025-03-17 and 2026-03-03; the peer median change was +5.0% (3688 comparable advisers, 97.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,688) · 97% percentile
- advisor count surgeChange between filings · filing Mar 3, 2026advisory representatives (Item 5.B.3) moved from 5.0 to 8.0 (+60.0%) between the annual amendments of 2025-03-17 and 2026-03-03; the peer median change was 0.0% (965 comparable advisers, 98.0th percentile of changes)peers: independent wealth managers, $100M to $500M (965) · 98% percentile
- RAUM up 25 %Change between filings · filing Mar 3, 2026RAUM (Item 5.F) moved from $168,621,441 to $239,188,627 (+42.0%) between the annual amendments of 2025-03-17 and 2026-03-03; the peer median change was +15.0% (4551 comparable advisers, 93.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,551) · 93% percentile
What changed
consecutive filings, newest first
- Accounts · 1,152 to 1,978Jan 13, 2026 to Mar 3, 2026
- Advisory employees · 5 to 8Jan 13, 2026 to Mar 3, 2026
- HNW clients · 10 to 15Jan 13, 2026 to Mar 3, 2026
- Individual clients · 1,142 to 1,177Jan 13, 2026 to Mar 3, 2026
- Assets in custody · unset to 9173115.0Jan 13, 2026 to Mar 3, 2026
- Custody of client assets · false to trueJan 13, 2026 to Mar 3, 2026
- Employees · 5 to 8Jan 13, 2026 to Mar 3, 2026
- State-registered IARs · 5 to 8Jan 13, 2026 to Mar 3, 2026
- Discretionary RAUM · $163M to $233MJan 13, 2026 to Mar 3, 2026
- HNW RAUM · $19.2M to $32.3MJan 13, 2026 to Mar 3, 2026
- Individual RAUM · $149M to $207MJan 13, 2026 to Mar 3, 2026
- Non-discretionary RAUM · $5.9M to $6.7MJan 13, 2026 to Mar 3, 2026
- RAUM · $169M to $239MJan 13, 2026 to Mar 3, 2026
- Accounts · 1,111 to 1,152Jul 8, 2024 to Mar 17, 2025
- Advisory employees · 6 to 5Jul 8, 2024 to Mar 17, 2025
- HNW clients · 5 to 10Jul 8, 2024 to Mar 17, 2025
- Individual clients · 732 to 1,142Jul 8, 2024 to Mar 17, 2025
- Employees · 6 to 5Jul 8, 2024 to Mar 17, 2025
- Financial planning clients · 51-100 to 101-250Jul 8, 2024 to Mar 17, 2025
- HQ city · unset to Jul 8, 2024 to Mar 17, 2025
- HQ state · unset to Jul 8, 2024 to Mar 17, 2025
- State-registered IARs · 6 to 5Jul 8, 2024 to Mar 17, 2025
- Discretionary RAUM · $104M to $163MJul 8, 2024 to Mar 17, 2025
- HNW RAUM · $7.6M to $19.2MJul 8, 2024 to Mar 17, 2025
- Individual RAUM · $102M to $149MJul 8, 2024 to Mar 17, 2025
- Non-discretionary RAUM · $5.6M to $5.9MJul 8, 2024 to Mar 17, 2025
- RAUM · $109M to $169MJul 8, 2024 to Mar 17, 2025
- Accounts · 823 to 1,111Nov 16, 2023 to Mar 25, 2024
- Advisory employees · 4 to 6Nov 16, 2023 to Mar 25, 2024
- HNW clients · 2 to 5Nov 16, 2023 to Mar 25, 2024
- Individual clients · 839 to 732Nov 16, 2023 to Mar 25, 2024
- Employees · 4 to 6Nov 16, 2023 to Mar 25, 2024
- State-registered IARs · 4 to 6Nov 16, 2023 to Mar 25, 2024
- Discretionary RAUM · $60.9M to $104MNov 16, 2023 to Mar 25, 2024
- HNW RAUM · $3.2M to $7.6MNov 16, 2023 to Mar 25, 2024
- Individual RAUM · $60.0M to $102MNov 16, 2023 to Mar 25, 2024
- Non-discretionary RAUM · $2.3M to $5.6MNov 16, 2023 to Mar 25, 2024
- RAUM · $63.2M to $109MNov 16, 2023 to Mar 25, 2024
- Advisory employees · 3 to 4Apr 10, 2023 to Nov 16, 2023
- State-registered IARs · 3 to 4Apr 10, 2023 to Nov 16, 2023
Signals
4 dated events
- Joshua Bonham left Driven Investments Llc for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2026-06-10)Mar 17, 2026 · Advisor changed firm · fact
- Jacob M Demharter left Driven Investments Llc for Osaic Wealth, Inc. (registered 2025-10-14)Aug 28, 2025 · Advisor changed firm · fact
- Nicholas Vance Bodily left Driven Investments Llc for Amicus Financial Advisors, Llc (registered 2024-08-08)Jul 22, 2024 · Advisor changed firm · fact
- Driven Investments Llc filed its initial SEC registration (Form ADV)Jan 18, 2022 · 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 phone
- 844-932-3272reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/driven-investments-llcreportedpublic record, Form ADV, Sep 17, 2026
- Website
- thedriveninvestments.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 844-932-3272reportedpublic record, Form ADV, Mar 3, 2026
- Team page
- thedriveninvestments.com/teamreportedpublished by the firm, firm site, Sep 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
- $26.6Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026