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

N•••••• W•••••• L••

Independent wealth managerLittle Rock, ArkansasCRD 311508SEC 801-120077websiteIAPD
Latest filing Sep 4, 2026
First filing on the tape Dec 2, 2020 · 30 filings
SEC status approved since Jan 4, 2021
RAUM
$1.9B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
92%
$1.7B individuals and HNW
Advisors
16
registered through the firm on IAPD
RAUM per advisor
$117M
derived; firm RAUM over IAPD count
Employees
15
13 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$1.6B as of May 21, 2026
Mar 19, 2022$558M then
HNW client RAUM$1.5B as of May 21, 2026
Mar 19, 2022$471M then
State-registered IARs (5.B.3)13 as of May 21, 2026
Mar 19, 20226 then
Employees (5.A)15 as of May 21, 2026
Mar 19, 20227 then
Private funds: no history
RAUM +20% over the last fiscal year+38% a year over threeIARs 11 to 13offices 2 to 1
Practice profile
derived from the filing of Sep 4, 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
RAUM per advisor
$117MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
21derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.7MderivedHNW RAUM over HNW clients
Average account
$2.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
5.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
0.9derivedItem 5.A over advisors
Advisors per office
8.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+3.1%derivedbetween the last two annual amendments
Advisor growth, one year
+18%derivedItem 5.B.3 between annual amendments
Client growth, one year
-40%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, otherreportedItem 5.G
Custody
$605M, 197 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.7B90%
  • Pension and profit-sharing plans$67.3M3.6%
  • Corporations and businesses$59.5M3.2%
  • Charitable organizations$28.1M1.5%
  • Individuals$23.3M1.2%
Individual clients
79reported
HNW clients
253reported
Pension plan clients
6reported
Charitable clients
11reported
Accounts
957reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$605M for 197 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.92 fund_share=0.0 institutional_share=0.05 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
16 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
L•••••• P•••••• W••••••Little Rock, ArJan 15, 202118 y1
J••• W•••••• K•••••Certified Financial PlannerLittle Rock, ArJan 15, 202111 y1
D••••• P••••• R••••••Little Rock, ArJan 15, 202111 y1
B•••••• E••••• B•••••••Certified Financial Planner, Chartered Financial AnalystLittle Rock, ArApr 7, 202131 y2
J•••••• P••• R•••••••Little Rock, ArApr 17, 202314 y0
C•••••• M•••• M•••••••Certified Financial PlannerLittle Rock, ArOct 2, 202316 y0
B•••• A•••••Certified Financial PlannerLittle Rock, ArDec 15, 202316 y2
J••••• L• B••••Certified Financial PlannerLittle Rock, ArJan 23, 202412 y1
G•••• W•••••• S••••••••Little Rock, ArOct 19, 202411 y0
T••••• W•••••• B••••Little Rock, ArNov 12, 202414 y0
R••••• B•••• B•••••Laurel Hill, Fl Feb 24, 202520 y5
C••••• R•••••••Little Rock, ArOct 13, 202511 y0
M•••••• K••• E••••Little Rock, ArNov 3, 202539 y5
N••••• H••••Little Rock, ArMay 11, 202618 y0
L•••• D••• R•••••Chartered Financial AnalystCarlsbad, Ca May 21, 202612 y3
N••• A••••• S••••Little Rock, ArMay 27, 202610 y0
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
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
  • B••••• J•••••• L• · Chief Operating Officercontrol
    since 01/2021 · owns less than 5%
  • B•••••••• B••••••• E••••• · Chief Executive Officercontrol
    since 03/2021 · owns less than 5%
  • K•••••• J•••• W•••••• · Chief Investment Officercontrol
    since 01/2021 · owns less than 5%
  • R••••••• D•••••• P••••• · Chief Compliance Officercontrol
    since 01/2021 · owns less than 5%
  • W••••••• L••••••• P•••••• · Presidentcontrol
    since 01/2021 · owns less than 5%
  • B•••••••• B••••••• E••••• · Trusteecontrol
    since 08/2004 · owns F of B•••••• E••••• B••••••• L••••• R•••••••• T••••
Entity owners
  • N•••••• H•••••••• L•• · Managing Member
    direct · owns 75% or more
  • B•• L•••••• P••••••••• L••• · Member
    indirect · owns 75% or more of C•••••• T•• H•••••••• L••
  • B•••••• E••••• B••••••• L••••• R•••••••• T•••• · General Partner
    indirect · owns 75% or more of B•• L•••••• P••••••••• L•••
  • C•••••• T•• H•••••••• L•• · Member
    indirect · owns 75% or more of N•••••• H•••••••• L••
Related persons
Schedule D 7.A
  • N•••••• I••••••••• L••
    real estaten
Advisers that list N•••••• W•••••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Little Rock, Ar · principal1650
Rochester, Ny000
Offices
Schedule D 1.F, the 25 largest
  • Rochester, NY2 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • clients down average size upCombination · filing Mar 5, 2026
    private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $1,554,048,979 to $1,601,900,000, advisors 11 to 13, private clients 504 to 303, offices 2 to 1 (2025-03-25 to 2026-03-05)
    peers: independent wealth managers, $1B to $5B (1,362)
  • client count collapseChange between filings · filing Mar 5, 2026
    individual and HNW clients (Item 5.D) moved from 504.0 to 303.0 (-40.0%) between the annual amendments of 2025-03-25 and 2026-03-05; the peer median change was +5.0% (1132 comparable advisers, 2.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,132) · 1.5% percentile
What changed
consecutive filings, newest first
  • Accounts · 967 to 957
    May 21, 2026 to Sep 4, 2026
  • Charity clients · unset to 11.0
    May 21, 2026 to Sep 4, 2026
  • Corporate clients · 5 to 12
    May 21, 2026 to Sep 4, 2026
  • HNW clients · 233 to 253
    May 21, 2026 to Sep 4, 2026
  • Individual clients · 70 to 79
    May 21, 2026 to Sep 4, 2026
  • Pension plan clients · unset to 6.0
    May 21, 2026 to Sep 4, 2026
  • Financial planning clients · 11-25 to 11-25
    May 21, 2026 to Sep 4, 2026
  • Discretionary RAUM · $1.6B to $1.9B
    May 21, 2026 to Sep 4, 2026
  • HNW RAUM · $1.5B to $1.7B
    May 21, 2026 to Sep 4, 2026
  • Individual RAUM · $16.9M to $23.3M
    May 21, 2026 to Sep 4, 2026
  • Pension RAUM · $30.6M to $67.3M
    May 21, 2026 to Sep 4, 2026
  • RAUM · $1.6B to $1.9B
    May 21, 2026 to Sep 4, 2026
  • Succession · false to unset
    May 21, 2026 to Sep 4, 2026
  • Accounts · 1,022 to 967
    Jul 30, 2025 to Mar 5, 2026
  • Advisory employees · 11 to 13
    Jul 30, 2025 to Mar 5, 2026
  • Charity clients · 5.0 to unset
    Jul 30, 2025 to Mar 5, 2026
  • Corporate clients · 33 to 5
    Jul 30, 2025 to Mar 5, 2026
  • HNW clients · 216 to 233
    Jul 30, 2025 to Mar 5, 2026
  • Individual clients · 73 to 70
    Jul 30, 2025 to Mar 5, 2026
  • Assets in custody · $375M to $605M
    Jul 30, 2025 to Mar 5, 2026
  • Employees · 17 to 15
    Jul 30, 2025 to Mar 5, 2026
  • Financial planning clients · 1-10 to 11-25
    Jul 30, 2025 to Mar 5, 2026
  • State-registered IARs · 11 to 13
    Jul 30, 2025 to Mar 5, 2026
  • Discretionary RAUM · $1.5B to $1.6B
    Jul 30, 2025 to Mar 5, 2026
  • HNW RAUM · $1.2B to $1.5B
    Jul 30, 2025 to Mar 5, 2026
  • Individual RAUM · $27.8M to $16.9M
    Jul 30, 2025 to Mar 5, 2026
  • Pension RAUM · $49.5M to $30.6M
    Jul 30, 2025 to Mar 5, 2026
  • RAUM · $1.5B to $1.6B
    Jul 30, 2025 to Mar 5, 2026
  • Accounts · 1,261 to 1,022
    Mar 25, 2025 to Jul 30, 2025
  • Charity clients · unset to 5.0
    Mar 25, 2025 to Jul 30, 2025
  • Corporate clients · unset to 33.0
    Mar 25, 2025 to Jul 30, 2025
  • HNW clients · 253 to 216
    Mar 25, 2025 to Jul 30, 2025
  • Individual clients · 251 to 73
    Mar 25, 2025 to Jul 30, 2025
  • Financial planning clients · 1-10 to 1-10
    Mar 25, 2025 to Jul 30, 2025
  • Other offices · 2 to 1
    Mar 25, 2025 to Jul 30, 2025
  • Discretionary RAUM · $1.6B to $1.5B
    Mar 25, 2025 to Jul 30, 2025
  • HNW RAUM · $1.4B to $1.2B
    Mar 25, 2025 to Jul 30, 2025
  • Individual RAUM · $93.9M to $27.8M
    Mar 25, 2025 to Jul 30, 2025
  • Pension RAUM · $30.8M to $49.5M
    Mar 25, 2025 to Jul 30, 2025
  • RAUM · $1.6B to $1.5B
    Mar 25, 2025 to Jul 30, 2025
Signals
15 dated events
  • R•••••• A• D•••••••• left N•••••• W•••••• L•• for U•••••• W••••• P••••••• (registered 2025-06-25)
    Jun 30, 2025 · Advisor changed firm · fact
  • A••••• B••• F••••• D•••••••• left N•••••• W•••••• L•• for U•••••• W••••• P••••••• (registered 2025-06-25)
    Jun 30, 2025 · Advisor changed firm · fact
  • 2 advisors left N•••••• W•••••• L•• (Rochester, NY) for U•••••• W••••• P••••••• on the same day
    Jun 30, 2025 · Team lift-out · derived
  • N•••••• W•••••• L•• reported RAUM $1.1B, up 41% from $785.9M (2023-09-21 to 2023-11-16)
    Nov 16, 2023 · RAUM change · derived
  • 2 advisors left C•••••••• I••••••••• R••••••• A•••••••• I••• (Rochester, NY) for N•••••• W•••••• L•• on the same day
    Apr 26, 2023 · Team lift-out · derived
  • N•••••• W•••••• L•• reported RAUM $715.0M, up 28% from $558.2M (2022-11-29 to 2023-03-30)
    Mar 30, 2023 · RAUM change · derived
  • William Jay Hummel (Managing Member) no longer on Schedule A of N•••••• W•••••• L•• (listed 2021-07-20, absent 2021-09-09)
    Sep 9, 2021 · Control person left · inference
  • Graham John Phoenix (Managing Member) no longer on Schedule A of N•••••• W•••••• L•• (listed 2021-07-20, absent 2021-09-09)
    Sep 9, 2021 · Control person left · inference
  • N•••••• W•••••• L•• reported RAUM $458.5M, up 351% from $101.7M (2021-02-11 to 2021-04-23)
    Apr 23, 2021 · RAUM change · derived
  • Edward Bentley Blackmon (Chief Executive Officer) appeared on Schedule A of N•••••• W•••••• L••
    Apr 23, 2021 · Control person joined · fact
  • William John Kornet (Chief Investment Officer) appeared on Schedule A of N•••••• W•••••• L••
    Apr 23, 2021 · Control person joined · fact
  • L. Jordan Bauer (Chief Operating Officer) appeared on Schedule A of N•••••• W•••••• L••
    Apr 23, 2021 · Control person joined · fact
  • Patton Daniel Russell (Chief Compliance Officer) appeared on Schedule A of N•••••• W•••••• L••
    Jan 15, 2021 · Control person joined · fact
  • Phillip Lyndell Worthen (President) appeared on Schedule A of N•••••• W•••••• L••
    Jan 15, 2021 · Control person joined · fact
  • N•••••• W••••• L•• filed its initial SEC registration (Form ADV)
    Dec 2, 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
Firm profile
linkedin.com/company/naviterwealthreportedpublic record, Form ADV, Sep 18, 2026
Website
naviterwealth.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(501) 333-9800reportedpublic record, Form ADV, Sep 4, 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
$117Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026