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.

SEC-registered adviser

Faith Investor Services

Wealth manager with institutional or fund businessScottsdale, ArizonaCRD 313337SEC 801-121223website IAPD

Legal name Faith Investor Services LLC

Latest filing Jul 29, 2026

First filing on the tape Apr 14, 2021 · 24 filings

SEC status approved since May 17, 2021

RAUM

$280M

reported, Item 5.F

Discretionary

99%

of RAUM

Private clients

36%

$102M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$46.6M

derived; firm RAUM over IAPD count

Employees

6 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

24 filings and snapshots on the tape

RAUM$280M as of Jul 29, 2026

Mar 12, 2022$25.0M then

HNW client RAUM$61.4M as of Jul 29, 2026

Mar 31, 2025$19.6M then

State-registered IARs (5.B.3)6 as of Jul 29, 2026

Mar 12, 20220 then

Employees (5.A)10 as of Jul 29, 2026

Mar 12, 20224 then

Private funds: no history

RAUM +42% over the last fiscal year+94% a year over threeIARs 4 to 6offices 2 to 3

Practice profile

derived from the filing of Jul 29, 2026; every figure names its basis

Archetypes, each a printed rule

Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent

RAUM per advisor: $46.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 42derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $2.3MderivedHNW RAUM over HNW clients
Average account: $467,759derivedRAUM over accounts (5.F.2.f)
Discretionary: 99%derivedof RAUM
Institutional: 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 1.7derivedItem 5.A over advisors
Advisors per office: 1.5derived4 offices incl. principal (1.F.5)
RAUM growth, one year: +42%derivedbetween the last two annual amendments
Advisor growth, one year: +50%derivedItem 5.B.3 between annual amendments
Client growth, one year: -6.7%derived
Compensation: percentage of assetsreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, portfolio management for investment companies, selection of other advisersreportedItem 5.G
Wrap fee program: $96.6MreportedItem 5.I
Custody: $52,085, 125 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

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)
marketing includes hypothetical performance (5.L.3)

Where the RAUM sits

Form ADV Item 5.D, latest filing

Investment companies$178M64%
High-net-worth individuals$61.4M22%
Individuals$40.2M14%

Individual clients: 223reported
HNW clients: 27reported
Pension plan clients: n/areported
Charitable clients: n/areported
Accounts: 598reported
Financial planning clients: 51-100reported
Wrap fee programs: $0 sponsored, $0 managedreported
Custody of client assets: $52,085 for 125 clientsreported
Compensation: % of AUMreported
Class basis: private_client_share=0.36 fund_share=0.64 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived

Advisors registered through the firm

6 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
Steven Thomas NelsonChartered Financial Analyst	Scottsdale, Az	Sep 15, 2023	22 y	2
Richard David ArmstrongCertified Financial Planner	Wildwood, Mo	Apr 23, 2025	15 y	3
John Curtis RowleyChartered Financial Analyst	Scottsdale, Az	Jan 22, 2026	16 y	0
John Paul Schmidt	St. Louis, Mo	Mar 16, 2026	11 y	1
Kevin J Howard	Mount Pleasant, Sc	Mar 16, 2026	13 y	3
Annalise Montgomery	Scottsdale, Az	Jun 25, 2026	11 y	0

Advisor movement

1 left, 2 joined in 12 months

net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 17% of current headcount2 left over 36 months

Left, latest

Jason Matthew Peroni to Simplicity Wealth
Apr 24, 2026 · RIA to RIA
Michael John Skillman to Beacon Pointe Advisors, LLC
Apr 18, 2025 · RIA to RIA

Joined, latest

Kevin J Howard from Morgan Stanley
Mar 16, 2026 · Wirehouse to independent RIA
John Paul Schmidt from Wells Fargo Advisors
Mar 16, 2026 · Wirehouse to independent RIA
Richard David Armstrong from Moneta Group Investment Advisors, LLC
Apr 23, 2025 · RIA to RIA
Steven Thomas Nelson from Capital Insight Partners, LLC
Sep 15, 2023 · Other
Jason Matthew Peroni from Retirement Specialty Group, Inc.
Sep 14, 2023 · Other

Every departure Every arrival

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

John Michael Skillman · Chief Compliance Officer/Chief Executive Officercontrol
since 05/2021 · owns less than 5%
Lee Kristen Nelson · Trusteecontrol
since 04/2023 · owns 50% to 75% of The Steven T. Nelson And Kristen L. Nelson Joint Revocable Trust
Thomas Steven Nelson · Chairman/Trusteecontrol
since 04/2023 · owns 50% to 75% of The Steven T. Nelson And Kristen L. Nelson Joint Revocable Trust

Entity owners

The Steven T. Nelson And Kristen L. Nelson Joint Revocable Trust · Member
direct · owns 75% or more

Related persons

Schedule D 7.A

Capital Insight Partners, LLC
investment advisernRAUM $830M

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined	Left	Teams out	Forming
Scottsdale, Az · principal	6	4	0
Cookeville, Tn	0	0	1

Offices

Schedule D 1.F, the 25 largest

Scottsdale, AZ1 employees
St. Louis, MO1 employees

ADV anomalies

1 against comparable advisers; where to look, not conclusions

RAUM up 25 %Change between filings · filing Apr 1, 2026
RAUM (Item 5.F) moved from $196,790,672 to $279,720,172 (+42.0%) between the annual amendments of 2025-03-31 and 2026-04-01; the peer median change was +15.0% (4550 comparable advisers, 94.0th percentile of changes)
peers: independent wealth managers, $100M to $500M (4,550) · 94% percentile

How anomalies are measured

What changed

consecutive filings, newest first

HQ city · to SCOTTSDALE
May 18, 2026 to Jul 29, 2026
HQ state · to AZ
May 18, 2026 to Jul 29, 2026
Accounts · 551 to 598
Feb 12, 2026 to Apr 1, 2026
Advisory employees · 4 to 6
Feb 12, 2026 to Apr 1, 2026
BD registered reps · 1 to 0
Feb 12, 2026 to Apr 1, 2026
HNW clients · 16 to 27
Feb 12, 2026 to Apr 1, 2026
Individual clients · 252 to 223
Feb 12, 2026 to Apr 1, 2026
Assets in custody · unset to 52085.0
Feb 12, 2026 to Apr 1, 2026
Custody of client assets · false to true
Feb 12, 2026 to Apr 1, 2026
Employees · 6 to 10
Feb 12, 2026 to Apr 1, 2026
Insurance-licensed employees · 1 to 0
Feb 12, 2026 to Apr 1, 2026
Financial planning clients · 26-50 to 51-100
Feb 12, 2026 to Apr 1, 2026
State-registered IARs · 4 to 6
Feb 12, 2026 to Apr 1, 2026
Other offices · 2 to 3
Feb 12, 2026 to Apr 1, 2026
Discretionary RAUM · $197M to $276M
Feb 12, 2026 to Apr 1, 2026
HNW RAUM · $19.6M to $61.4M
Feb 12, 2026 to Apr 1, 2026
Individual RAUM · $50.1M to $40.2M
Feb 12, 2026 to Apr 1, 2026
Non-discretionary RAUM · $0 to $3.7M
Feb 12, 2026 to Apr 1, 2026
RAUM · $197M to $280M
Feb 12, 2026 to Apr 1, 2026
Financial planning clients · 26-50 to 26-50
Mar 31, 2025 to Jun 2, 2025
State-registered IARs · 5 to 4
Jan 14, 2025 to Mar 31, 2025
Discretionary RAUM · $110M to $197M
Jan 14, 2025 to Mar 31, 2025
HNW RAUM · unset to 19621539.0
Jan 14, 2025 to Mar 31, 2025
Individual RAUM · $44.5M to $50.1M
Jan 14, 2025 to Mar 31, 2025
RAUM · $110M to $197M
Jan 14, 2025 to Mar 31, 2025
Accounts · 318 to 551
Jan 14, 2025 to Mar 31, 2025
Advisory employees · 5 to 4
Jan 14, 2025 to Mar 31, 2025
HNW clients · unset to 16.0
Jan 14, 2025 to Mar 31, 2025
Individual clients · 316 to 252
Jan 14, 2025 to Mar 31, 2025
Employees · 7 to 6
Jan 14, 2025 to Mar 31, 2025
Financial planning clients · 11-25 to 26-50
Jan 14, 2025 to Mar 31, 2025
HQ city · unset to
May 7, 2024 to Jan 14, 2025
HQ state · unset to
May 7, 2024 to Jan 14, 2025
Accounts · 2 to 318
Nov 3, 2023 to Mar 29, 2024
Advisory employees · 2 to 5
Nov 3, 2023 to Mar 29, 2024
Individual clients · unset to 316.0
Nov 3, 2023 to Mar 29, 2024
Employees · 2 to 7
Nov 3, 2023 to Mar 29, 2024
Financial planning clients · 0 to 11-25
Nov 3, 2023 to Mar 29, 2024
HQ city · DALLAS to unset
Nov 3, 2023 to Mar 29, 2024
HQ state · TX to unset
Nov 3, 2023 to Mar 29, 2024

Signals

9 dated events

Jason Matthew Peroni left Faith Investor Services for Simplicity Wealth (registered 2026-05-05)
Apr 24, 2026 · Advisor changed firm · fact
Michael John Skillman left Faith Investor Services for Beacon Pointe Advisors, Llc (registered 2025-12-05)
Apr 18, 2025 · Advisor changed firm · fact
Meir Josef Valdman (Managing Member) no longer on Schedule A of Faith Investor Services (listed 2023-03-29, absent 2023-05-30)
May 30, 2023 · Control person left · inference
Keith Garrett Paolella (Managing Member) no longer on Schedule A of Faith Investor Services (listed 2023-03-29, absent 2023-05-30)
May 30, 2023 · Control person left · inference
Thomas Steven Nelson (Chairman) appeared on Schedule A of Faith Investor Services
May 30, 2023 · Control person joined · fact
Lee Kristen Nelson (Member) appeared on Schedule A of Faith Investor Services
May 30, 2023 · Control person joined · fact
Francis Curtis Brockelman (Managing Member) no longer on Schedule A of Faith Investor Services (listed 2023-03-21, absent 2023-03-29)
Mar 29, 2023 · Control person left · inference
John Michael Skillman (Chief Compliance Officer/Chief Executive Officer) appeared on Schedule A of Faith Investor Services
May 30, 2021 · Control person joined · fact
Faith Investor Services filed its initial SEC registration (Form ADV)
Apr 14, 2021 · 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: info@faithinvestorservices.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone: 314-212-1404reportedpublished by the firm, firm site, Sep 16, 2026
Business phone: 480-780-0476reportedpublished by the firm, firm site, Sep 16, 2026
Business phone: 480-780-0104reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile: linkedin.com/company/faith-investor-servicesreportedpublic record, Form ADV, Sep 18, 2026
Website: faithinvestorservices.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone: 480-780-0104reportedpublic record, Form ADV, Jul 29, 2026
Contact form: faithinvestorservices.com/contactreportedpublished 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: Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
RAUM per advisor: $46.6Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026