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

T•••• W••••• G•••• L••

Independent wealth managerMurray, UtahCRD 311230SEC 801-128312websiteIAPD
Latest filing Mar 25, 2026
First filing on the tape Jun 9, 2023 · 12 filings
SEC status approved since Jul 31, 2023
RAUM
$204M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$195M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$34.0M
derived; firm RAUM over IAPD count
Employees
24
8 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$204M as of Mar 25, 2026
Mar 22, 2024$128M then
HNW client RAUM$5.0M as of Mar 25, 2026
Mar 22, 2024$0 then
State-registered IARs (5.B.3)8 as of Mar 25, 2026
Mar 22, 20248 then
Employees (5.A)24 as of Mar 25, 2026
Mar 22, 202422 then
Private funds: no history
RAUM +23% over the last fiscal yearIARs 9 to 8
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$34.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
138derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.0MderivedHNW RAUM over HNW clients
Average account
$84,412derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.0derivedItem 5.A over advisors
Advisors per office
2.0derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+23%derivedbetween the last two annual amendments
Advisor growth, one year
-11%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.1%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, selection of other advisers, educational seminarsreportedItem 5.G
Custody
$75.7M, 290 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)
  • 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$190M93%
  • Corporations and businesses$7.4M3.6%
  • High-net-worth individuals$5.0M2.5%
  • Pension and profit-sharing plans$1.1M0.5%
  • Charitable organizations$40,0000.0%
Individual clients
827reported
HNW clients
1reported
Pension plan clients
8reported
Charitable clients
1reported
Accounts
2,417reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$75.7M for 290 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.96 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
C•••••• B••• A••••••••Murray, UtFeb 1, 202114 y2
D•••••• S•••• F••••••Murray, UtFeb 1, 202114 y2
D••••• J•••• W•••••••Murray, UtApr 14, 202213 y1
S••• S•••Certified Financial PlannerMurray, UtApr 8, 202415 y1
S•••••• D•••••• W•••Murray, UtOct 30, 202410 y0
C••••••••• C•••Murray, UtDec 22, 202513 y1
Advisor movement
2 left, 1 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 33% of current headcount4 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • A••••••••• C••••••• B••• · Ceocontrol
      since 10/2020 · owns less than 5%
    • F••••••• D••••••• S•••• · Chief Compliance Officercontrol
      since 10/2020 · owns less than 5%
    • A••••••••• C••••••• B••• · Owner
      since 01/2019 · owns 75% or more of C• W••••• M••••••••• I••
    Entity owners
    • C• W••••• M••••••••• I•• · Owner
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    • T•••• W••••• M••••••••• L••
      real estaten
    Advisers that list T•••• W••••• G•••• L•• as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Murray, Ut · principal612
    Offices
    Schedule D 1.F, the 25 largest
    • Kamas, UT1 employees
    • St. George, UT1 employees
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • high employee count relative to advisorsStatic outlier · filing Mar 25, 2026
      employees per registered advisor of 4.0 against a peer median of 1.2 (1314 comparable advisers, 99.0th percentile, 9.4 robust deviations)
      peers: independent wealth managers, $100M to $500M (1,314) · 99% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 1,975 to 2,417
      Jun 24, 2025 to Mar 25, 2026
    • Advisory employees · 9 to 8
      Jun 24, 2025 to Mar 25, 2026
    • HNW clients · 0 to 1
      Jun 24, 2025 to Mar 25, 2026
    • Individual clients · 766 to 827
      Jun 24, 2025 to Mar 25, 2026
    • Pension plan clients · 7 to 8
      Jun 24, 2025 to Mar 25, 2026
    • Assets in custody · $22.7M to $75.7M
      Jun 24, 2025 to Mar 25, 2026
    • Insurance-licensed employees · 2 to 0
      Jun 24, 2025 to Mar 25, 2026
    • State-registered IARs · 9 to 8
      Jun 24, 2025 to Mar 25, 2026
    • Discretionary RAUM · $165M to $204M
      Jun 24, 2025 to Mar 25, 2026
    • HNW RAUM · $0 to $5.0M
      Jun 24, 2025 to Mar 25, 2026
    • Individual RAUM · $157M to $190M
      Jun 24, 2025 to Mar 25, 2026
    • Pension RAUM · $707,491 to $1.1M
      Jun 24, 2025 to Mar 25, 2026
    • RAUM · $165M to $204M
      Jun 24, 2025 to Mar 25, 2026
    • Financial planning clients · 0 to 0
      Mar 27, 2025 to Jun 24, 2025
    • Accounts · 1,903 to 1,975
      Feb 13, 2025 to Mar 27, 2025
    • Advisory employees · 8 to 9
      Feb 13, 2025 to Mar 27, 2025
    • Charity clients · 0 to 1
      Feb 13, 2025 to Mar 27, 2025
    • Corporate clients · 9 to 12
      Feb 13, 2025 to Mar 27, 2025
    • Individual clients · 722 to 766
      Feb 13, 2025 to Mar 27, 2025
    • Assets in custody · $42.2M to $22.7M
      Feb 13, 2025 to Mar 27, 2025
    • Employees · 22 to 24
      Feb 13, 2025 to Mar 27, 2025
    • State-registered IARs · 8 to 9
      Feb 13, 2025 to Mar 27, 2025
    • Discretionary RAUM · $128M to $165M
      Feb 13, 2025 to Mar 27, 2025
    • Individual RAUM · $119M to $157M
      Feb 13, 2025 to Mar 27, 2025
    • Pension RAUM · $525,865 to $707,491
      Feb 13, 2025 to Mar 27, 2025
    • RAUM · $128M to $165M
      Feb 13, 2025 to Mar 27, 2025
    • Related insurance company · false to true
      Feb 13, 2025 to Mar 27, 2025
    • Accounts · 2,108 to 1,903
      Aug 28, 2023 to Mar 22, 2024
    • Advisory employees · 9 to 8
      Aug 28, 2023 to Mar 22, 2024
    • Charity clients · 1 to 0
      Aug 28, 2023 to Mar 22, 2024
    • Corporate clients · 10 to 9
      Aug 28, 2023 to Mar 22, 2024
    • HNW clients · 1 to 0
      Aug 28, 2023 to Mar 22, 2024
    • Individual clients · 817 to 722
      Aug 28, 2023 to Mar 22, 2024
    • Pension plan clients · 16 to 7
      Aug 28, 2023 to Mar 22, 2024
    • Assets in custody · unset to 42152929.0
      Aug 28, 2023 to Mar 22, 2024
    • Custody of client assets · false to true
      Aug 28, 2023 to Mar 22, 2024
    • State-registered IARs · 9 to 8
      Aug 28, 2023 to Mar 22, 2024
    • Other offices · 1 to 2
      Aug 28, 2023 to Mar 22, 2024
    • Discretionary RAUM · $127M to $128M
      Aug 28, 2023 to Mar 22, 2024
    • HNW RAUM · $5.0M to $0
      Aug 28, 2023 to Mar 22, 2024
    Signals
    14 dated events
    • P••••• J• B••••• left T•••• W••••• G•••• L•• for M••••• S•••••• (registered 2026-01-30)
      Jan 12, 2026 · Advisor changed firm · fact
    • S••••• M••••• S••••• left T•••• W••••• G•••• L•• for L•• F•••••••• L•• (registered 2025-10-02)
      Sep 22, 2025 · Advisor changed firm · fact
    • S•••• T••••• R•••• left T•••• W••••• G•••• L•• for J••• M••••• S••••••••• L•• (registered 2025-09-29)
      May 28, 2025 · Advisor changed firm · fact
    • 2 advisors left S••••• M••••••••• (North Little Rock, AR) for T•••• W••••• G•••• L•• on the same day
      May 23, 2024 · Team lift-out · derived
    • R•••• L•• S•••••••• left T•••• W••••• G•••• L•• for M• F•••••••• L•• (registered 2023-11-27)
      Nov 27, 2023 · Advisor changed firm · fact
    • B•••• T•••• left T•••• W••••• G•••• L•• for C••• L•• (registered 2023-09-27)
      Sep 11, 2023 · Advisor changed firm · fact
    • T•••• W••••• G•••• L•• filed its initial SEC registration (Form ADV)
      Jun 9, 2023 · First SEC registration · fact
    • M••••• R••• N••••• left T•••• W••••• G•••• L•• for M• F•••••••• L•• (registered 2024-01-17)
      May 22, 2023 · Advisor changed firm · fact
    • B•••••• P••• W•••• left T•••• W••••• G•••• L•• for F••••••••• I••••••••• A••••••• L•• (registered 2023-05-08)
      Mar 7, 2023 · Advisor changed firm · fact
    • C••••• M••••••• S••••••• left T•••• W••••• G•••• L•• for F••••••••• I••••••••• A••••••• L•• (registered 2023-01-10)
      Jan 9, 2023 · Advisor changed firm · fact
    • J••••• W•••••• A•••• left T•••• W••••• G•••• L•• for C•••••• W••••• M••••••••• L•• (registered 2022-09-08)
      Aug 23, 2022 · Advisor changed firm · fact
    • J•••• N• D•••• left T•••• W••••• G•••• L•• for F•••• F•••••• A••••••• (registered 2022-08-19)
      Aug 23, 2022 · Advisor changed firm · fact
    • 3 advisors left N•• M••••••••• G•••• (Sandy, UT) for T•••• W••••• G•••• L•• within 10 days
      Apr 12, 2022 · Team lift-out · derived
    • B•• B••••••• left T•••• W••••• G•••• L•• for C•••••• W••••• M••••••••• L•• (registered 2022-03-09)
      Feb 23, 2022 · Advisor changed firm · 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
    retireteton.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    844-838-6600reportedpublic record, Form ADV, Mar 25, 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
    $34.0Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026