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

Thepartners Wealth Management

Independent wealth managerCarmel By The Sea, CaliforniaCRD 314816SEC 801-122637websiteIAPD
Legal name The Partners Wealth Management, LLC
Latest filing Sep 9, 2026
First filing on the tape Oct 6, 2021 · 39 filings
SEC status approved since Nov 8, 2021
RAUM
$1.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
91%
$1.1B individuals and HNW
Advisors
37
registered through the firm on IAPD
RAUM per advisor
$32.0M
derived; firm RAUM over IAPD count
Employees
38
36 advisory (5.B.1)
Offices
23
beyond the principal office
Private funds
0
reported on Schedule D
History
39 filings and snapshots on the tape
RAUM$1.2B as of Aug 31, 2026
Mar 22, 2022$0 then
HNW client RAUM$550M as of Aug 31, 2026
Mar 29, 2023$67.4M then
State-registered IARs (5.B.3)36 as of Aug 31, 2026
Mar 22, 20221 then
Employees (5.A)38 as of Aug 31, 2026
Mar 22, 20223 then
Private funds: no history
RAUM +160% over the last fiscal year+127% a year over threeIARs 19 to 36offices 17 to 23
Practice profile
derived from the filing of Sep 9, 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$32.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
160derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.3MderivedHNW RAUM over HNW clients
Average account
$255,337derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
7.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.5derived24 offices incl. principal (1.F.5)
RAUM growth, one year
+160%derivedbetween the last two annual amendments
Advisor growth, one year
+89%derivedItem 5.B.3 between annual amendments
Client growth, one year
+18%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, educational seminars, otherreportedItem 5.G
Wrap fee program
$1.1BreportedItem 5.I
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Firms absorbed, 24 months
1derivedhalf or more of a firm's advisors moved here within 14 days
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$550M46%
  • Individuals$529M45%
  • Pension and profit-sharing plans$84.9M7.2%
  • Corporations and businesses$21.1M1.8%
Individual clients
5,495reported
HNW clients
430reported
Pension plan clients
230reported
Charitable clients
0reported
Accounts
4,637reported
Financial planning clients
1-10reported
Wrap fee programs
$545M sponsored, $545M managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.91 fund_share=0.0 institutional_share=0.07 related_bd=false related_bank=false bd_reps=3.0derived
Advisors registered through the firm
33 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Trevin Richard KentCertified Financial PlannerCarmel By The Sea, Ca Jan 5, 202313 y2
Bart P CutinoCarmel By The Sea, Ca Jan 5, 202318 y3
Dale William WalkerSan Diego, Ca Apr 12, 202322 y1
Christopher Paul LeinPonte Vedra Beach, Fl Aug 9, 202323 y4
Matthew James BradyCarmel By The Sea, Ca Aug 18, 202333 y5
Adam WorthCarmel By The Sea, Ca Aug 30, 202412 y1
Daniel Adair MorrisThatcher, Az Sep 16, 202411 y1
Randall Clifford BarnesCarmel By The Sea, Ca Sep 18, 202425 y3
Craig Ashby ConnollyMesa, Az Sep 18, 202420 y1
Bruce J BryceCarmel By The Sea, Ca Sep 18, 202421 y5
Phillip Joseph PalmerCarmel By The Sea, Ca Sep 18, 202426 y5
Tyrell SmithSt Johns, Az Nov 1, 202410 y2
Gregory Allan RutherfordCertified Financial PlannerCarmel By The Sea, CaJan 1, 202532 y3
Richard WilkinsCarmel By The Sea, Ca Jan 1, 202516 y1
Kathleen Valerie ElliottCarmel By The Sea, Ca Mar 27, 202512 y3
William Paul KrauseChartered Financial ConsultantSinking Spring, Pa Mar 28, 202523 y3
Brad Richard SmallCarmel By The Sea, Ca Mar 31, 202527 y3
Derek Curtis KartchnerSafford, Az Apr 30, 202510 y0
Yair Y KlymanNew York, Ny Jun 9, 202510 y2
Lynn Marie BiancoPittsford, Ny Jun 26, 202534 y3
Jaden Robert BookserSinking Spring, Pa Jul 16, 202512 y0
Kyle J. BradyPonte Vedra Beach, Fl Aug 21, 202512 y2
Rabin KaydanianCarmel By The Sea, Ca Aug 29, 202527 y5
Cylynn Kauilani SheffieldCarmel By The Sea, Ca Nov 3, 202512 y0
Lonnie Gordon OgulnickMiami, Fl Dec 11, 202528 y4
Justin BalasCarmel By The Sea, Ca Dec 17, 202522 y4
Tyler Nicholas BroekCarmel By The Sea, Ca Dec 18, 202522 y4
Gary Bruce GordonJericho, Ny Feb 13, 202633 y2
Jill TrivelloniMount Clemens, Mi Mar 10, 202623 y0
Antonio Bruno TrivelloniCarmel By The Sea, Ca Jun 3, 202617 y1
Eric Lee LeibowitzCarmel By The Sea, Ca Jun 18, 202639 y4
Eva Klaudia MaloneCarmel By The Sea, Ca Jul 1, 202612 y0
Joseph David ShalomBrooklyn, Ny Jul 17, 202611 y1
Advisor movement
5 left, 8 joined in 12 months
net +3 in 12 months1 left in 90 days1 joined in 90 daysdeparture rate 14% of current headcount5 left over 36 months
Left, latest
Joined, latest
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
    • Bruce Gary Gordon · Presidentcontrol
      since 03/2026 · owns less than 5%
    • Richard Trevin Kent · Chief Operating Officercontrol
      since 03/2023 · owns less than 5%
    • Allan Gregory Rutherford · Chief Executive Officer / Managing Membercontrol
      since 04/2021 · owns less than 5%
    • Andrew Jeffrey Smith · Chief Compliance Officercontrol
      since 03/2023 · owns less than 5%
    • Allan Gregory Rutherford · Managercontrol
      since 03/2021 · owns 75% or more of Purple Marlin LLC
    • Justin Balas · Chief Investment Officer
      since 07/2026 · owns less than 5%
    • Paul Christopher Lein · Chief Operating Officer
      since 01/2025 · owns less than 5%
    • Thomas Andrew Lucich · Chief Compliance Officer
      since 06/2026 · owns less than 5%
    Entity owners
    • Purple Marlin LLC · Member
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    Advisers that list Thepartners Wealth Management as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Carmel By The Sea, Ca · principal37144
    Jacksonville, Fl440
    Sinking Spring, Pa300
    Mount Clemens, Mi320
    Ponte Vedra Beach, Fl300
    Thatcher, Az300
    Miami, Fl220
    Monterey, Ca200
    Tempe, Az001
    Offices
    Schedule D 1.F, the 25 largest
    • Safford, AZ3 employees
    • Ponte Vedra Beach, FL2 employees
    • St Johns, AZ1 employees
    • , 1 employees
    ADV anomalies
    8 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing Sep 9, 2026
      GORDON, GARY, BRUCE (PRESIDENT) appeared on Schedule A between the filings of 2023-03-29 and 2026-09-09
      peers: independent wealth managers, $1B to $5B (1,360)
    • control person changedChange between filings · filing Sep 9, 2026
      KENT, TREVIN, RICHARD (CHIEF OPERATING OFFICER) left Schedule A between the filings of 2023-03-29 and 2026-09-09
      peers: independent wealth managers, $1B to $5B (1,360)
    • control person changedChange between filings · filing Sep 9, 2026
      SMITH, JEFFREY, ANDREW (CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2023-03-29 and 2026-09-09
      peers: independent wealth managers, $1B to $5B (1,360)
    • growth on all axesCombination · filing Apr 7, 2026
      RAUM, offices and advisors all grew 25 percent or more in one year: a platform in expansion or an acquisition. RAUM $454,537,144 to $1,183,999,769, advisors 19 to 36, private clients 5029 to 5925, offices 17 to 23 (2025-04-29 to 2026-04-07)
      peers: independent wealth managers, $1B to $5B (1,360)
    • advisor count surgeChange between filings · filing Apr 7, 2026
      advisory representatives (Item 5.B.3) moved from 19.0 to 36.0 (+89.0%) between the annual amendments of 2025-04-29 and 2026-04-07; the peer median change was 0.0% (999 comparable advisers, 99.0th percentile of changes)
      peers: independent wealth managers, $1B to $5B (999) · 99% percentile
    • account count surgeChange between filings · filing Apr 7, 2026
      accounts (Item 5.F.2.f) moved from 2,304.0 to 4,637.0 (+101.0%) between the annual amendments of 2025-04-29 and 2026-04-07; the peer median change was +6.0% (1206 comparable advisers, 96.0th percentile of changes)
      peers: independent wealth managers, $1B to $5B (1,206) · 96% percentile
    • employee count surgeChange between filings · filing Apr 7, 2026
      employees (Item 5.A) moved from 23.0 to 39.0 (+70.0%) between the annual amendments of 2025-04-29 and 2026-04-07; the peer median change was +4.0% (1050 comparable advisers, 98.0th percentile of changes)
      peers: independent wealth managers, $1B to $5B (1,050) · 98% percentile
    • RAUM up 50 %Change between filings · filing Apr 7, 2026
      RAUM (Item 5.F) moved from $454,537,144 to $1,183,999,769 (+160.0%) between the annual amendments of 2025-04-29 and 2026-04-07; the peer median change was +17.0% (1297 comparable advisers, 99.0th percentile of changes)
      peers: independent wealth managers, $1B to $5B (1,297) · 99% percentile
    What changed
    consecutive filings, newest first
    • Financial planning clients · 1-10 to 1-10
      Aug 31, 2026 to Sep 9, 2026
    • Other offices · 24 to 23
      Aug 31, 2026 to Sep 9, 2026
    • Succession · false to unset
      Aug 31, 2026 to Sep 9, 2026
    • Employees · 39 to 38
      Jun 22, 2026 to Jul 22, 2026
    • Other offices · 23 to 24
      Jun 22, 2026 to Jul 22, 2026
    • Advisory employees · 31 to 36
      Mar 31, 2026 to Apr 7, 2026
    • Employees · 34 to 39
      Mar 31, 2026 to Apr 7, 2026
    • State-registered IARs · 31 to 36
      Mar 31, 2026 to Apr 7, 2026
    • Accounts · 2,304 to 4,637
      Jan 19, 2026 to Mar 31, 2026
    • Advisory employees · 30 to 31
      Jan 19, 2026 to Mar 31, 2026
    • Advisory activities · 4 to 5
      Jan 19, 2026 to Mar 31, 2026
    • BD registered reps · 1 to 3
      Jan 19, 2026 to Mar 31, 2026
    • Corporate clients · 8 to 57
      Jan 19, 2026 to Mar 31, 2026
    • HNW clients · 464 to 430
      Jan 19, 2026 to Mar 31, 2026
    • Individual clients · 4,565 to 5,495
      Jan 19, 2026 to Mar 31, 2026
    • Pension plan clients · 239 to 230
      Jan 19, 2026 to Mar 31, 2026
    • Employees · 33 to 34
      Jan 19, 2026 to Mar 31, 2026
    • State-registered IARs · 30 to 31
      Jan 19, 2026 to Mar 31, 2026
    • Legal name · PARTNERS WEALTH MANAGEMENT, LLC to THE PARTNERS WEALTH MANAGEMENT, LLC
      Jan 19, 2026 to Mar 31, 2026
    • Other offices · 24 to 23
      Jan 19, 2026 to Mar 31, 2026
    • Discretionary RAUM · $427M to $1.2B
      Jan 19, 2026 to Mar 31, 2026
    • HNW RAUM · $146M to $550M
      Jan 19, 2026 to Mar 31, 2026
    • Individual RAUM · $226M to $529M
      Jan 19, 2026 to Mar 31, 2026
    • Non-discretionary RAUM · $28.0M to $2.6M
      Jan 19, 2026 to Mar 31, 2026
    • Pension RAUM · $78.5M to $84.9M
      Jan 19, 2026 to Mar 31, 2026
    • RAUM · $455M to $1.2B
      Jan 19, 2026 to Mar 31, 2026
    • Wrap assets (manager) · $43.7M to $545M
      Jan 19, 2026 to Mar 31, 2026
    • Wrap assets (sponsor) · $43.7M to $545M
      Jan 19, 2026 to Mar 31, 2026
    • Advisory employees · 32 to 30
      Dec 23, 2025 to Jan 19, 2026
    • Employees · 35 to 33
      Dec 23, 2025 to Jan 19, 2026
    • State-registered IARs · 32 to 30
      Dec 23, 2025 to Jan 19, 2026
    • Other offices · 25 to 24
      Dec 23, 2025 to Jan 19, 2026
    • Other offices · 22 to 25
      Nov 21, 2025 to Dec 23, 2025
    • Advisory employees · 30 to 32
      Aug 20, 2025 to Nov 21, 2025
    • Employees · 33 to 35
      Aug 20, 2025 to Nov 21, 2025
    • State-registered IARs · 30 to 32
      Aug 20, 2025 to Nov 21, 2025
    • Other offices · 20 to 22
      Aug 20, 2025 to Nov 21, 2025
    • Advisory employees · 29 to 30
      Jul 22, 2025 to Aug 20, 2025
    • Employees · 31 to 33
      Jul 22, 2025 to Aug 20, 2025
    • State-registered IARs · 29 to 30
      Jul 22, 2025 to Aug 20, 2025
    Signals
    24 dated events
    • Ryan Douglas Preiss left Thepartners Wealth Management for Financial Sense Advisors, Inc. (registered 2026-06-23)
      Jun 22, 2026 · Advisor changed firm · fact
    • Richard Paul Schwab left Thepartners Wealth Management for Your Ia, Llc (registered 2026-06-04)
      Mar 31, 2026 · Advisor changed firm · fact
    • Thepartners Wealth Management reported RAUM $1.2B, up 160% from $454.5M (2026-01-19 to 2026-03-31)
      Mar 31, 2026 · RAUM change · derived
    • George Gadzik left Thepartners Wealth Management for Your Ia, Llc (registered 2026-01-24)
      Feb 18, 2026 · Advisor changed firm · fact
    • Zachary J Smith left Thepartners Wealth Management for Savvy (registered 2026-03-03)
      Feb 11, 2026 · Advisor changed firm · fact
    • Jason Lewis Wiseman left Thepartners Wealth Management for Your Ia, Llc (registered 2025-12-04)
      Jan 2, 2026 · Advisor changed firm · fact
    • Trivelloni Asset Management's advisors moved to Thepartners Wealth Management (Mount Clemens, MI): 3 of 3 registered, on the same day
      Dec 31, 2025 · Firm absorbed (people side) · derived
    • 2 advisors left Osaic Wealth, Inc. (Miami, FL) for Thepartners Wealth Management within 14 days
      Dec 8, 2025 · Team lift-out · derived
    • Thepartners Wealth Management reported RAUM $454.5M, up 163% from $172.5M (2025-02-18 to 2025-04-29)
      Apr 29, 2025 · RAUM change · derived
    • Thepartners Wealth Management reported 17 offices beyond its principal office, up from 12 (2025-02-18 to 2025-04-29)
      Apr 29, 2025 · Office count change · derived
    • Thepartners Wealth Management reported 19 state-registered advisory representatives, up from 7 (2025-02-18 to 2025-04-29)
      Apr 29, 2025 · Advisor headcount change · derived
    • 2 advisors left Osaic Wealth, Inc. (Scottsdale, AZ) for Thepartners Wealth Management on the same day
      Apr 2, 2025 · Team lift-out · derived
    • Justin Balas (Chief Investment Officer) no longer on Schedule A of Thepartners Wealth Management (listed 2024-10-24, absent 2024-10-29)
      Oct 29, 2024 · Control person left · inference
    • 6 advisors left Scf Investment Advisors, Inc. (San Diego, CA) for Thepartners Wealth Management within 4 days
      Oct 17, 2024 · Team lift-out · derived
    • 4 advisors left Scf Investment Advisors, Inc. (Safford, AZ) for Thepartners Wealth Management within 18 days
      Oct 17, 2024 · Team lift-out · derived
    • Thepartners Wealth Management reported 11 offices beyond its principal office, up from 6 (2024-09-10 to 2024-09-16)
      Sep 16, 2024 · Office count change · derived
    • Justin Balas (Chief Investment Officer) appeared on Schedule A of Thepartners Wealth Management
      Mar 30, 2024 · Control person joined · fact
    • 2 advisors left Wells Fargo Advisors (Ponte Vedra Beach, FL) for Thepartners Wealth Management on the same day
      Aug 15, 2023 · Team lift-out · derived
    • Brian Allan Schaffield no longer registered at Thepartners Wealth Management; no later IA registration on IAPD
      Jul 21, 2023 · Advisor departure · fact
    • Richard Trevin Kent (Chief Operating Officer) appeared on Schedule A of Thepartners Wealth Management
      Mar 29, 2023 · Control person joined · fact
    • Andrew Jeffrey Smith (Chief Compliance Officer) appeared on Schedule A of Thepartners Wealth Management
      Mar 29, 2023 · Control person joined · fact
    • Michael Alexander Popovich (Ceo/ Managing Member) no longer on Schedule A of Thepartners Wealth Management (listed 2022-03-22, absent 2023-01-05)
      Jan 5, 2023 · Control person left · inference
    • Fordyce Debra Popovich (Trustee) no longer on Schedule A of Thepartners Wealth Management (listed 2022-03-22, absent 2023-01-05)
      Jan 5, 2023 · Control person left · inference
    • Partners Wealth Management, Llc filed its initial SEC registration (Form ADV)
      Oct 6, 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 phone
    800-324-3010reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    thepartnerswm.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    800-324-3010reportedpublic record, Form ADV, Sep 9, 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
    $32.0Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026