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

F•••• L•••• R••••••••• L••

Institutional managerDel Mar, CaliforniaCRD 314509SEC 801-121422websiteIAPD
Latest filing Sep 17, 2026
First filing on the tape May 6, 2021 · 13 filings
SEC status approved since Jun 8, 2021
RAUM
$844M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$422M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$844M as of Mar 30, 2026
Jan 12, 2022$668M then
HNW client RAUM$0 as of Mar 30, 2026
Jan 12, 2022$0 then
State-registered IARs (5.B.3)2 as of Mar 30, 2026
Jan 12, 20222 then
Employees (5.A)2 as of Mar 30, 2026
Jan 12, 20222 then
Private funds: no history
RAUM +18% over the last fiscal year+14% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Sep 17, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 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
$422MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$38.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
100%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+18%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 assetsreportedItem 5.E
Advisory activities
pension consultingreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$844M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
22reported
Charitable clients
0reported
Accounts
22reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=0.0 institutional_share=1.0 related_bd= related_bank= bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
T••••• T•••••• W••••••Del Mar, CaJun 10, 202140 y2
T•••• D•••• W••••••Del Mar, CaJan 1, 202517 y1
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
    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
      • W••••••• T••••• D• · Managing Member & Chief Compliance Officercontrol
        since 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
      OfficeAdvisorsJoinedLeftTeams outForming
      Del Mar, Ca · principal200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • low discretionary shareStatic outlier · filing Sep 17, 2026
        discretionary share of RAUM of 0% against a peer median of 100% (71 comparable advisers, 0.0th percentile, 33.7 robust deviations)
        peers: institutional managers, $500M to $1B (71) · 0.0% percentile
      What changed
      consecutive filings, newest first
      • Related insurance company · false to unset
        Mar 30, 2026 to Sep 17, 2026
      • Financial planning clients · to unset
        Mar 30, 2026 to Sep 17, 2026
      • Related adviser · false to unset
        Mar 30, 2026 to Sep 17, 2026
      • Related bank · false to unset
        Mar 30, 2026 to Sep 17, 2026
      • Related broker-dealer · false to unset
        Mar 30, 2026 to Sep 17, 2026
      • Succession · false to unset
        Mar 30, 2026 to Sep 17, 2026
      • Accounts · 21 to 22
        Mar 15, 2025 to Mar 30, 2026
      • Pension plan clients · 21 to 22
        Mar 15, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $718M to $844M
        Mar 15, 2025 to Mar 30, 2026
      • Pension RAUM · $718M to $844M
        Mar 15, 2025 to Mar 30, 2026
      • RAUM · $718M to $844M
        Mar 15, 2025 to Mar 30, 2026
      • Accounts · 23 to 21
        Jan 16, 2024 to Mar 15, 2025
      • Pension plan clients · 23 to 21
        Jan 16, 2024 to Mar 15, 2025
      • Financial planning clients · unset to
        Jan 16, 2024 to Mar 15, 2025
      • Non-discretionary RAUM · $666M to $718M
        Jan 16, 2024 to Mar 15, 2025
      • Pension RAUM · $666M to $718M
        Jan 16, 2024 to Mar 15, 2025
      • RAUM · $666M to $718M
        Jan 16, 2024 to Mar 15, 2025
      • Non-discretionary RAUM · $571M to $666M
        Mar 10, 2023 to Jan 16, 2024
      • Pension RAUM · $571M to $666M
        Mar 10, 2023 to Jan 16, 2024
      • RAUM · $571M to $666M
        Mar 10, 2023 to Jan 16, 2024
      • Accounts · 20 to 23
        Feb 2, 2023 to Mar 10, 2023
      • Pension plan clients · 20 to 23
        Feb 2, 2023 to Mar 10, 2023
      • Non-discretionary RAUM · $668M to $571M
        Feb 2, 2023 to Mar 10, 2023
      • Pension RAUM · $668M to $571M
        Feb 2, 2023 to Mar 10, 2023
      • RAUM · $668M to $571M
        Feb 2, 2023 to Mar 10, 2023
      • HQ city · CARLSBAD to DEL MAR
        Jan 12, 2022 to Jan 12, 2023
      • Accounts · 17 to 20
        Oct 5, 2021 to Jan 12, 2022
      • Pension plan clients · 17 to 20
        Oct 5, 2021 to Jan 12, 2022
      • Non-discretionary RAUM · $495M to $668M
        Oct 5, 2021 to Jan 12, 2022
      • Pension RAUM · $495M to $668M
        Oct 5, 2021 to Jan 12, 2022
      • RAUM · $495M to $668M
        Oct 5, 2021 to Jan 12, 2022
      • Accounts · 0 to 17
        Jun 17, 2021 to Oct 5, 2021
      • Charity clients · unset to 0.0
        Jun 17, 2021 to Oct 5, 2021
      • Corporate clients · unset to 0.0
        Jun 17, 2021 to Oct 5, 2021
      • HNW clients · unset to 0.0
        Jun 17, 2021 to Oct 5, 2021
      • Individual clients · unset to 0.0
        Jun 17, 2021 to Oct 5, 2021
      • Pension plan clients · unset to 17.0
        Jun 17, 2021 to Oct 5, 2021
      • Pooled vehicle clients · unset to 0.0
        Jun 17, 2021 to Oct 5, 2021
      • HNW RAUM · unset to 0.0
        Jun 17, 2021 to Oct 5, 2021
      • Individual RAUM · unset to 0.0
        Jun 17, 2021 to Oct 5, 2021
      Signals
      2 dated events
      • F•••• L•••• R••••••••• L•• reported RAUM $668.0M, up 35% from $494.5M (2021-10-05 to 2022-01-12)
        Jan 12, 2022 · RAUM change · derived
      • F•••• L•••• R••••••••• L•• filed its initial SEC registration (Form ADV)
        May 6, 2021 · ria f•••• adv filing · 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
      Website
      f•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      858-692-1283reportedpublic record, Form ADV, Sep 17, 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
      Institutional managerderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $422Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026