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
Calderwood Financial Strategies, Inc.
Latest filing Mar 9, 2026
First filing on the tape Mar 16, 2021 · 12 filings
SEC status approved since Apr 15, 2021
RAUM
$229M
reported, Item 5.F
Discretionary
29%
of RAUM
Private clients
21%
$48.3M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$57.1M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$229M as of Mar 9, 2026
Feb 9, 2022$204M then
HNW client RAUM$44.3M as of Mar 9, 2026
Feb 9, 2022$16.4M then
State-registered IARs (5.B.3)3 as of Mar 9, 2026
Feb 9, 20221 then
Employees (5.A)5 as of Mar 9, 2026
Feb 9, 20221 then
Private funds: no history
RAUM +5.6% over the last fiscal year+12% a year over threeIARs 2 to 3
Practice profile
derived from the filing of Mar 9, 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
- OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RAUM per advisor
- $57.1MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 11derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.8MderivedHNW RAUM over HNW clients
- Average account
- $3.3MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 29%derivedof RAUM
- Institutional
- 79%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +5.6%derivedbetween the last two annual amendments
- Advisor growth, one year
- +50%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +2.3%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, pension consulting, 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
- is an insurance broker or agent (6.A.6)
- 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
- Pension and profit-sharing plans$180M79%
- High-net-worth individuals$44.3M19%
- Individuals$4.0M1.8%
- Corporations and businesses$5,2930.0%
- Individual clients
- 20reported
- HNW clients
- 25reported
- Pension plan clients
- 23reported
- Charitable clients
- n/areported
- Accounts
- 69reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.21 fund_share=0.0 institutional_share=0.79 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 |
|---|---|---|---|---|
| Charles Andrew CalderwoodChartered Financial Consultant | Houston, Tx | Jul 1, 2021 | 37 y | 4 |
| Michael Patrick Connelly | Houston, Tx | Nov 18, 2024 | 11 y | 0 |
| Leonard Gerard Saizan | Houston, Tx | May 15, 2025 | 11 y | 0 |
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 headcount1 left over 36 months
Left, latest
- Gregory James Kallus to Hornor, Townsend & Kent, LLCJan 11, 2024 · Other
Joined, latest
- Gregory James Kallus from Saxon Financial GroupJan 11, 2023 · Other
- Charles Andrew Calderwood from Woodbury Financial Services, Inc.Jul 1, 2021 · Affiliated broker-dealer or bank to a newly registered adviser
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Charles Andrew Calderwood · Ccocontrolsince 07/2021 · 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 |
|---|---|---|---|---|---|
| Houston, Tx · principal | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- high institutional concentrationStatic outlier · filing Mar 9, 2026institutional share of RAUM of 79% against a peer median of 0% (5676 comparable advisers, 100.0th percentile, 26.5 robust deviations)peers: independent wealth managers, $100M to $500M (5,676) · 100% percentile
What changed
consecutive filings, newest first
- HNW clients · 21 to 25Feb 17, 2025 to Mar 9, 2026
- Individual clients · 23 to 20Feb 17, 2025 to Mar 9, 2026
- Pension plan clients · 24 to 23Feb 17, 2025 to Mar 9, 2026
- Employees · 3 to 5Feb 17, 2025 to Mar 9, 2026
- Insurance-licensed employees · 0 to 1Feb 17, 2025 to Mar 9, 2026
- State-registered IARs · 2 to 3Feb 17, 2025 to Mar 9, 2026
- Discretionary RAUM · $49.3M to $65.5MFeb 17, 2025 to Mar 9, 2026
- HNW RAUM · $30.1M to $44.3MFeb 17, 2025 to Mar 9, 2026
- Individual RAUM · $4.6M to $4.0MFeb 17, 2025 to Mar 9, 2026
- Non-discretionary RAUM · $167M to $163MFeb 17, 2025 to Mar 9, 2026
- Pension RAUM · $182M to $180MFeb 17, 2025 to Mar 9, 2026
- RAUM · $216M to $229MFeb 17, 2025 to Mar 9, 2026
- Accounts · 65 to 69Mar 4, 2024 to Feb 17, 2025
- Advisory employees · 1 to 3Mar 4, 2024 to Feb 17, 2025
- HNW clients · 22 to 21Mar 4, 2024 to Feb 17, 2025
- Individual clients · 21 to 23Mar 4, 2024 to Feb 17, 2025
- Pension plan clients · 21 to 24Mar 4, 2024 to Feb 17, 2025
- Employees · 1 to 3Mar 4, 2024 to Feb 17, 2025
- Financial planning clients · unset to Mar 4, 2024 to Feb 17, 2025
- State-registered IARs · 1 to 2Mar 4, 2024 to Feb 17, 2025
- Discretionary RAUM · $0 to $49.3MMar 4, 2024 to Feb 17, 2025
- HNW RAUM · $25.0M to $30.1MMar 4, 2024 to Feb 17, 2025
- Individual RAUM · $3.8M to $4.6MMar 4, 2024 to Feb 17, 2025
- Non-discretionary RAUM · $183M to $167MMar 4, 2024 to Feb 17, 2025
- Pension RAUM · $154M to $182MMar 4, 2024 to Feb 17, 2025
- RAUM · $183M to $216MMar 4, 2024 to Feb 17, 2025
- Accounts · 50 to 65Jan 4, 2024 to Mar 4, 2024
- HNW clients · 18 to 22Jan 4, 2024 to Mar 4, 2024
- Individual clients · 8 to 21Jan 4, 2024 to Mar 4, 2024
- Pension plan clients · 23 to 21Jan 4, 2024 to Mar 4, 2024
- HNW RAUM · $13.6M to $25.0MJan 4, 2024 to Mar 4, 2024
- Individual RAUM · $1.5M to $3.8MJan 4, 2024 to Mar 4, 2024
- Non-discretionary RAUM · $161M to $183MJan 4, 2024 to Mar 4, 2024
- Pension RAUM · $146M to $154MJan 4, 2024 to Mar 4, 2024
- RAUM · $161M to $183MJan 4, 2024 to Mar 4, 2024
- Accounts · 51 to 50Sep 13, 2022 to Feb 15, 2023
- Corporate clients · unset to 1.0Sep 13, 2022 to Feb 15, 2023
- HNW clients · 16 to 18Sep 13, 2022 to Feb 15, 2023
- Individual clients · 10 to 8Sep 13, 2022 to Feb 15, 2023
- Pension plan clients · 25 to 23Sep 13, 2022 to Feb 15, 2023
Signals
2 dated events
- Gregory James Kallus left Calderwood Financial Strategies, Inc. for Hornor, Townsend & Kent, Llc (registered 2024-03-20)Jan 11, 2024 · Advisor changed firm · fact
- Calderwood Financial Strategies, Inc. filed its initial SEC registration (Form ADV)Mar 16, 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
- Firm profile
- linkedin.com/company/calderwood-financialstrategiesreportedpublic record, Form ADV, Sep 17, 2026
- Website
- calderwoodfinancial.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 832-821-2462reportedpublic record, Form ADV, Mar 9, 2026
- Team page
- calderwoodfinancial.com/our-team-full-page-0-charles-calderwreportedpublished 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
- $57.1Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026