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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Former SEC-registered adviser

P•••••• C••••••••• W••••• M••••••••• L••

Former SEC-registered adviserCRD 312022SEC 801-132446websiteIAPD
Latest filing Jun 13, 2025
First filing on the tape Dec 11, 2020 · 8 filings
SEC status approved since Apr 17, 2025
RAUM
$131M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$128M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
7 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$131M as of Jun 13, 2025
Apr 17, 2025$131M then
HNW client RAUM$92.1M as of Jun 13, 2025
Apr 17, 2025$92.1M then
State-registered IARs (5.B.3)7 as of Jun 13, 2025
Apr 17, 20257 then
Employees (5.A)7 as of Jun 13, 2025
Apr 17, 20257 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Jun 13, 2025; every figure names its basis
RAUM per advisor
$18.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
20derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.7MderivedHNW RAUM over HNW clients
Average account
$249,049derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
3.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween 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
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$23.1M, 56 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
  • High-net-worth individuals$92.1M70%
  • Individuals$35.8M27%
  • Other investment advisers$3.1M2.4%
Individual clients
107reported
HNW clients
34reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
526reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$23.1M for 56 clientsreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 days6 left over 36 months
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
  • O••••• A••••• T• · Managing Principal / Ccocontrol
    since 01/2021 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Charlotte, Nc001
Weddington, Nc000
Brookfield, Wi001
Offices
Schedule D 1.F, the 25 largest
  • Weddington, NC1 employees
  • , 1 employees
What changed
consecutive filings, newest first
  • Financial planning clients · 0 to 0
    Apr 17, 2025 to Jun 13, 2025
  • Other offices · 4 to 1
    Apr 17, 2025 to Jun 13, 2025
  • Accounts · 0 to 526
    May 17, 2021 to Apr 17, 2025
  • Advisory employees · 4 to 7
    May 17, 2021 to Apr 17, 2025
  • Advisory activities · 1 to 2
    May 17, 2021 to Apr 17, 2025
  • BD registered reps · 0 to 1
    May 17, 2021 to Apr 17, 2025
  • HNW clients · unset to 34.0
    May 17, 2021 to Apr 17, 2025
  • Individual clients · unset to 107.0
    May 17, 2021 to Apr 17, 2025
  • Assets in custody · unset to 23100000.0
    May 17, 2021 to Apr 17, 2025
  • Custody of client assets · false to true
    May 17, 2021 to Apr 17, 2025
  • Employees · 4 to 7
    May 17, 2021 to Apr 17, 2025
  • HQ city · unset to
    May 17, 2021 to Apr 17, 2025
  • HQ state · unset to
    May 17, 2021 to Apr 17, 2025
  • State-registered IARs · 4 to 7
    May 17, 2021 to Apr 17, 2025
  • Other offices · 2 to 4
    May 17, 2021 to Apr 17, 2025
  • Discretionary RAUM · $0 to $131M
    May 17, 2021 to Apr 17, 2025
  • HNW RAUM · unset to 92100000.0
    May 17, 2021 to Apr 17, 2025
  • Individual RAUM · unset to 35800000.0
    May 17, 2021 to Apr 17, 2025
  • RAUM · $0 to $131M
    May 17, 2021 to Apr 17, 2025
  • Advisory employees · 3 to 4
    May 12, 2021 to May 17, 2021
  • Employees · 3 to 4
    May 12, 2021 to May 17, 2021
  • State-registered IARs · 3 to 4
    May 12, 2021 to May 17, 2021
  • Other offices · 1 to 2
    May 12, 2021 to May 17, 2021
  • Other offices · 0 to 1
    Jan 26, 2021 to Feb 17, 2021
Signals
10 dated events
  • P•••••• C••••••••• W••••• M••••••••• L•• no longer on the SEC adviser roster (last listed 2026-06-01, RAUM $131.0M)
    Jul 1, 2026 · Left the SEC roster · derived
  • M•••••• R•••• L••••• left P•••••• C••••••••• W••••• M••••••••• L•• for B•••••••• A•••• M••••••••• L•• (registered 2026-06-18)
    Jun 17, 2026 · Advisor changed firm · fact
  • A•••• T• O•••• left P•••••• C••••••••• W••••• M••••••••• L•• for B•••••••• A•••• M••••••••• L•• (registered 2026-06-17)
    Jun 17, 2026 · Advisor changed firm · fact
  • 2 advisors left P•••••• C••••••••• W••••• M••••••••• L•• (Weddington, NC) for B•••••••• A•••• M••••••••• L•• on the same day
    Jun 17, 2026 · Team lift-out · derived
  • N••••••• C•••• H•••••• left P•••••• C••••••••• W••••• M••••••••• L•• for E••••••• P•••••• W••••• (registered 2026-01-02)
    Apr 21, 2025 · Advisor changed firm · fact
  • D••••• R•••••• D••••• left P•••••• C••••••••• W••••• M••••••••• L•• for E••••••• P•••••• W••••• (registered 2025-04-15)
    Apr 15, 2025 · Advisor changed firm · fact
  • T••• L•••• D••••••••• left P•••••• C••••••••• W••••• M••••••••• L•• for E••••••• P•••••• W••••• (registered 2025-04-15)
    Apr 15, 2025 · Advisor changed firm · fact
  • C•••••••• M•••• S••••••• left P•••••• C••••••••• W••••• M••••••••• L•• for E••••••• P•••••• W••••• (registered 2025-04-15)
    Apr 15, 2025 · Advisor changed firm · fact
  • P•••••• C••••••••• W••••• M••••••••• L••'s advisors moved to E••••••• P•••••• W••••• (Weddington, NC): 3 of 6 registered, within 6 days
    Apr 15, 2025 · Firm absorbed (people side) · derived
  • P•••••• C••••••••• W••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
    Dec 11, 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/purposecwmreportedpublic record, Form ADV, Sep 18, 2026
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 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
Former SEC-registered adviserderiveda 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