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

S•••••••• I••••••••• P•••••••• L••

Independent wealth managerCRD 311790SEC 801-120047websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Nov 26, 2020 · 15 filings
SEC status approved since Jan 4, 2021
RAUM
$1.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
65%
$850M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$650M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$1.3B as of Mar 27, 2026
Mar 9, 2022$425M then
HNW client RAUM$850M as of Mar 27, 2026
Mar 9, 2022$425M then
State-registered IARs (5.B.3)2 as of Mar 27, 2026
Mar 9, 20222 then
Employees (5.A)3 as of Mar 27, 2026
Mar 9, 20222 then
Private funds: no history
RAUM +64% over the last fiscal year+21% a year over threeIARs 2 to 2offices 0 to 2
Practice profile
derived from the filing of Mar 27, 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
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
$650MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$15.5MderivedHNW RAUM over HNW clients
Average account
$7.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
0.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+64%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 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)
  • compensates persons for client referrals (8.G.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$850M65%
  • Corporations and businesses$450M35%
Individual clients
n/areported
HNW clients
55reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
185reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.65 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
B••••••• R•••••• O••••Fairfield, CtJan 19, 202133 y2
V••••• M•••••• F•••••Chappaqua, Ny Jun 11, 202119 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 headcount0 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • F•••••• V•••••• M•••••• · Managing Membercontrol
    since 04/2021 · owns 10% to 25%
  • O••••• B•••••••• R•••••• · Managing Member, Principal, And Chief Compliance Officercontrol
    since 11/2020 · owns 75% or more
Entity owners
  • S•••••••• H•••••••• L•• · Member
    direct · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Fairfield, Ct200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
5 against comparable advisers; where to look, not conclusions
  • wealth to institutional shiftCombination · filing Mar 27, 2026
    peers: independent wealth managers, $1B to $5B (1,362)
  • client mix shiftChange between filings · filing Mar 27, 2026
    private-client share of RAUM moved from 100.0% to 65.0% between the annual amendments of 2025-03-21 and 2026-03-27
    peers: independent wealth managers, $1B to $5B (1,362)
  • HNW share shiftChange between filings · filing Mar 27, 2026
    HNW share of RAUM moved from 100.0% to 65.0% between the annual amendments of 2025-03-21 and 2026-03-27
    peers: independent wealth managers, $1B to $5B (1,362)
  • institutional asset share shiftChange between filings · filing Mar 27, 2026
    institutional share of RAUM moved from 0.0% to 35.0% between the annual amendments of 2025-03-21 and 2026-03-27
    peers: independent wealth managers, $1B to $5B (1,362)
  • RAUM up 50 %Change between filings · filing Mar 27, 2026
    RAUM (Item 5.F) moved from $795,000,000 to $1,300,000,000 (+64.0%) between the annual amendments of 2025-03-21 and 2026-03-27; the peer median change was +17.0% (1298 comparable advisers, 95.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,298) · 95% percentile
What changed
consecutive filings, newest first
  • Accounts · 129 to 185
    Nov 18, 2025 to Mar 27, 2026
  • HNW clients · 44 to 55
    Nov 18, 2025 to Mar 27, 2026
  • Financial planning clients · 1-10 to 11-25
    Nov 18, 2025 to Mar 27, 2026
  • Discretionary RAUM · $795M to $1.3B
    Nov 18, 2025 to Mar 27, 2026
  • HNW RAUM · $795M to $850M
    Nov 18, 2025 to Mar 27, 2026
  • RAUM · $795M to $1.3B
    Nov 18, 2025 to Mar 27, 2026
  • Advisory activities · 2 to 3
    Mar 21, 2025 to Nov 18, 2025
  • Other offices · 0 to 2
    Mar 21, 2025 to Nov 18, 2025
  • Accounts · 35 to 129
    Mar 1, 2024 to Mar 21, 2025
  • Corporate clients · 5.0 to unset
    Mar 1, 2024 to Mar 21, 2025
  • HNW clients · 5 to 44
    Mar 1, 2024 to Mar 21, 2025
  • Individual clients · 5.0 to unset
    Mar 1, 2024 to Mar 21, 2025
  • Employees · 2 to 3
    Mar 1, 2024 to Mar 21, 2025
  • Financial planning clients · 0 to 1-10
    Mar 1, 2024 to Mar 21, 2025
  • HQ city · unset to
    Mar 1, 2024 to Mar 21, 2025
  • HQ state · unset to
    Mar 1, 2024 to Mar 21, 2025
  • Discretionary RAUM · $750M to $795M
    Mar 1, 2024 to Mar 21, 2025
  • HNW RAUM · $515M to $795M
    Mar 1, 2024 to Mar 21, 2025
  • Individual RAUM · 35029000.0 to unset
    Mar 1, 2024 to Mar 21, 2025
  • RAUM · $750M to $795M
    Mar 1, 2024 to Mar 21, 2025
  • Accounts · 21 to 35
    Jan 24, 2023 to Mar 1, 2024
  • Corporate clients · unset to 5.0
    Jan 24, 2023 to Mar 1, 2024
  • HNW clients · 12 to 5
    Jan 24, 2023 to Mar 1, 2024
  • Individual clients · unset to 5.0
    Jan 24, 2023 to Mar 1, 2024
  • Discretionary RAUM · $735M to $750M
    Jan 24, 2023 to Mar 1, 2024
  • HNW RAUM · $735M to $515M
    Jan 24, 2023 to Mar 1, 2024
  • Individual RAUM · unset to 35029000.0
    Jan 24, 2023 to Mar 1, 2024
  • RAUM · $735M to $750M
    Jan 24, 2023 to Mar 1, 2024
  • Accounts · 30 to 21
    Mar 9, 2022 to Jan 18, 2023
  • Advisory activities · 1 to 2
    Mar 9, 2022 to Jan 18, 2023
  • HNW clients · 10 to 12
    Mar 9, 2022 to Jan 18, 2023
  • Financial planning clients · unset to 0
    Mar 9, 2022 to Jan 18, 2023
  • Discretionary RAUM · $425M to $735M
    Mar 9, 2022 to Jan 18, 2023
  • HNW RAUM · $425M to $735M
    Mar 9, 2022 to Jan 18, 2023
  • RAUM · $425M to $735M
    Mar 9, 2022 to Jan 18, 2023
  • Accounts · 9 to 30
    Jan 19, 2022 to Mar 9, 2022
  • HNW clients · 3 to 10
    Jan 19, 2022 to Mar 9, 2022
  • Discretionary RAUM · $333M to $425M
    Jan 19, 2022 to Mar 9, 2022
  • HNW RAUM · $333M to $425M
    Jan 19, 2022 to Mar 9, 2022
  • RAUM · $333M to $425M
    Jan 19, 2022 to Mar 9, 2022
Signals
4 dated events
  • S•••••••• I••••••••• P•••••••• L•• reported RAUM $1.3B, up 64% from $795.0M (2025-11-18 to 2026-03-27)
    Mar 27, 2026 · RAUM change · derived
  • S•••••••• I••••••••• P•••••••• L•• reported RAUM $735.0M, up 73% from $425.0M (2022-03-09 to 2023-01-18)
    Jan 18, 2023 · RAUM change · derived
  • Michael Victor Flores (Managing Member) appeared on Schedule A of S•••••••• I••••••••• P•••••••• L••
    Nov 1, 2021 · Control person joined · fact
  • S•••••••• I••••••••• P•••••••• L•• filed its initial SEC registration (Form ADV)
    Nov 26, 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
Business email
b•••@s•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
203-997-6670reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/snowwaterinvestments/aboutreportedpublic record, Form ADV, Sep 18, 2026
Website
s•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(203) 997-6670reportedpublic record, Form ADV, Mar 27, 2026
Contact form
s•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
Team page
s•••••••••.comreportedpublished 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
$650Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026