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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
SEC-registered adviser
S••••• P•••••• W••••• M••••••••• L••
Latest filing Mar 25, 2026
First filing on the tape Dec 18, 2020 · 22 filings
SEC status approved since Aug 30, 2021
RAUM
$186M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$184M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$62.0M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$186M as of Mar 25, 2026
Mar 11, 2022$161M then
HNW client RAUM$136M as of Mar 25, 2026
Mar 11, 2022$155M then
State-registered IARs (5.B.3)3 as of Mar 25, 2026
Mar 11, 20222 then
Employees (5.A)3 as of Mar 25, 2026
Mar 11, 20223 then
Private funds: no history
RAUM +12% over the last fiscal year+12% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- 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
- $62.0MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 56derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.2MderivedHNW RAUM over HNW clients
- Average account
- $523,796derivedRAUM 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
- 1.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +12%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +11%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$136M73%
- Individuals$48.3M26%
- Corporations and businesses$2.0M1.1%
- Individual clients
- 136reported
- HNW clients
- 32reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 355reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| M••• J• A••••••• | St. Augustine, Fl | Oct 20, 2021 | 24 y | 3 |
| E••• L•••• S•••••Certified Financial Planner | Raleigh, Nc | Oct 29, 2021 | 10 y | 1 |
| O••• L• S••••• | St. Augustine, Fl | Nov 1, 2021 | 42 y | 3 |
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
Left, latest
none on the tape
Joined, latest
- O••• L• S••••• from S•••• W••••• M••••••••• L••Nov 1, 2021 · Affiliated broker-dealer or bank to a newly registered adviser
- E••• L•••• S••••• from S•••• W••••• M••••••••• L••Oct 29, 2021 · Affiliated broker-dealer or bank to a newly registered adviser
- M••• J• A••••••• from S•••• W••••• M••••••••• L••Oct 20, 2021 · Affiliated broker-dealer or bank to a newly registered adviser
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from S•••• W••••• M••••••••• L••Oct 29, 2021 · Mclean, Va
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- S•••••• E•••• L•••• · Directorcontrolsince 12/2022 · owns less than 5%
- S•••••• O•••• L• · Chief Compliance Officercontrolsince 02/2021 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| St Augustine, Fl | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Raleigh, NC2 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- custody status changedChange between filings · filing Mar 25, 2026custody of client assets (Item 9.A): yes on the filing of 2025-03-13, no on the filing of 2026-03-25peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
- Accounts · 309 to 355Mar 13, 2025 to Mar 25, 2026
- Charity clients · 1.0 to unsetMar 13, 2025 to Mar 25, 2026
- Corporate clients · 2 to 5Mar 13, 2025 to Mar 25, 2026
- HNW clients · 24 to 32Mar 13, 2025 to Mar 25, 2026
- Individual clients · 128 to 136Mar 13, 2025 to Mar 25, 2026
- Assets in custody · 166236333.0 to unsetMar 13, 2025 to Mar 25, 2026
- Custody of client assets · true to falseMar 13, 2025 to Mar 25, 2026
- Discretionary RAUM · $166M to $186MMar 13, 2025 to Mar 25, 2026
- HNW RAUM · $101M to $136MMar 13, 2025 to Mar 25, 2026
- Individual RAUM · $64.2M to $48.3MMar 13, 2025 to Mar 25, 2026
- Non-discretionary RAUM · $195,751 to $102,220Mar 13, 2025 to Mar 25, 2026
- RAUM · $166M to $186MMar 13, 2025 to Mar 25, 2026
- Accounts · 274 to 309Mar 28, 2024 to Mar 13, 2025
- Charity clients · unset to 1.0Mar 28, 2024 to Mar 13, 2025
- Corporate clients · unset to 2.0Mar 28, 2024 to Mar 13, 2025
- HNW clients · 51 to 24Mar 28, 2024 to Mar 13, 2025
- Individual clients · 73 to 128Mar 28, 2024 to Mar 13, 2025
- Assets in custody · $129M to $166MMar 28, 2024 to Mar 13, 2025
- Financial planning clients · 1-10 to 1-10Mar 28, 2024 to Mar 13, 2025
- Discretionary RAUM · $147M to $166MMar 28, 2024 to Mar 13, 2025
- HNW RAUM · $129M to $101MMar 28, 2024 to Mar 13, 2025
- Individual RAUM · $17.4M to $64.2MMar 28, 2024 to Mar 13, 2025
- Non-discretionary RAUM · $0 to $195,751Mar 28, 2024 to Mar 13, 2025
- RAUM · $147M to $166MMar 28, 2024 to Mar 13, 2025
- Accounts · 249 to 274Oct 6, 2023 to Mar 28, 2024
- HNW clients · 49 to 51Oct 6, 2023 to Mar 28, 2024
- Individual clients · 50 to 73Oct 6, 2023 to Mar 28, 2024
- Financial planning clients · 101-250 to 1-10Oct 6, 2023 to Mar 28, 2024
- Discretionary RAUM · $132M to $147MOct 6, 2023 to Mar 28, 2024
- HNW RAUM · $115M to $129MOct 6, 2023 to Mar 28, 2024
- Individual RAUM · $17.4M to $17.4MOct 6, 2023 to Mar 28, 2024
- RAUM · $132M to $147MOct 6, 2023 to Mar 28, 2024
- Accounts · 237 to 249Jan 4, 2023 to Mar 31, 2023
- HNW clients · 60 to 49Jan 4, 2023 to Mar 31, 2023
- Individual clients · 29 to 50Jan 4, 2023 to Mar 31, 2023
- Assets in custody · unset to 129347967.0Jan 4, 2023 to Mar 31, 2023
- Custody of client assets · false to trueJan 4, 2023 to Mar 31, 2023
- Insurance-licensed employees · 2 to 0Jan 4, 2023 to Mar 31, 2023
- Financial planning clients · 1-10 to 101-250Jan 4, 2023 to Mar 31, 2023
- State-registered IARs · 2 to 3Jan 4, 2023 to Mar 31, 2023
Signals
8 dated events
- Ahmed Khan Feisal Malik (Chief Compliance Officer) appeared on Schedule A of Schrum Private Wealth Management, LlcMay 8, 2023 · Control person joined · fact
- Lee Kris Sumner (Chief Compliance Officer) no longer on Schedule A of Schrum Private Wealth Management, Llc (listed 2023-03-31, absent 2023-05-08)May 8, 2023 · Control person left · inference
- Lewis Eric Schrum (Director) appeared on Schedule A of Schrum Private Wealth Management, LlcDec 20, 2022 · Control person joined · fact
- Lee Kris Sumner (Chief Compliance Officer) appeared on Schedule A of Schrum Private Wealth Management, LlcDec 20, 2022 · Control person joined · fact
- Icarus Advisors, Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)Feb 8, 2021 · Succession (Item 4) · fact
- Lee Meredith Schrum (Chief Compliance Officer & Member) no longer on Schedule A of Schrum Private Wealth Management, Llc (listed 2020-12-18, absent 2021-02-03)Feb 3, 2021 · Control person left · inference
- L Owen Schrum (Chief Compliance Officer & Sole Member) appeared on Schedule A of Schrum Private Wealth Management, LlcFeb 3, 2021 · Control person joined · fact
- Icarus Advisors, Llc filed its initial SEC registration (Form ADV)Dec 18, 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 phone
- 919-948-1835reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 904-806-0417reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 904-825-0422reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- schrumpw.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 904-825-0422reportedpublic record, Form ADV, Mar 25, 2026
- Contact form
- schrumpw.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
- Team page
- schrumpw.com/team-memberreportedpublished 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
- $62.0Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026