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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Former SEC-registered adviser
S••••• I••••••••• M•••••••••
Legal name S••••• I••••••••• M••••••••• G••••• L••
Latest filing Mar 13, 2025
First filing on the tape Jun 18, 2021 · 17 filings
SEC status approved since Jul 23, 2021
RAUM
$2.4B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
100%
$2.4B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
17
12 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$2.4B as of Mar 13, 2025
Mar 24, 2022$1.6B then
HNW client RAUM$1.9B as of Mar 13, 2025
Mar 24, 2022$1.2B then
State-registered IARs (5.B.3)12 as of Mar 13, 2025
Mar 24, 202211 then
Employees (5.A)17 as of Mar 13, 2025
Mar 24, 202215 then
Private funds: no history
RAUM +24% over the last fiscal year+15% a year over threeIARs 12 to 12
Practice profile
derived from the filing of Mar 13, 2025; every figure names its basis
- RAUM per advisor
- $203MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 157derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.5MderivedHNW RAUM over HNW clients
- Average account
- $618,494derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.4derivedItem 5.A over advisors
- Advisors per office
- 6.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +24%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +13%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, otherreportedItem 5.G
- Custody
- $1.3B, 2,095 clientsreportedItem 9.A
- Ownership
- a PE fund or sponsor is a 25 percent or greater owner 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.9B79%
- Individuals$505M21%
- Individual clients
- 1,111reported
- HNW clients
- 776reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 3,940reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $1.3B for 2,095 clientsreported
- Compensation
- % of AUMreported
- Class basis
- absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
13 left, 0 joined in 12 months
net -13 in 12 months0 left in 90 days0 joined in 90 days13 left over 36 months
Left, latest
- S••• S••••• A•••••••• to F•••• P••••••• W•••••• L••Oct 23, 2025 · RIA to RIA
- T•••••• D•••• W••••• to F•••• P••••••• W•••••• L••Oct 23, 2025 · RIA to RIA
- M•••••• H• A••• to F•••• P••••••• W•••••• L••Oct 23, 2025 · RIA to RIA
- R••• M• G••••• to F•••• P••••••• W•••••• L••Oct 23, 2025 · RIA to RIA
- D•••••• R• R••••• to F•••• P••••••• W•••••• L••Oct 23, 2025 · RIA to RIA
- E•••• N•• H••••• to F•••• P••••••• W•••••• L••Oct 23, 2025 · RIA to RIA
- H••• B•••••• T••••• to F•••• P••••••• W•••••• L••Oct 23, 2025 · RIA to RIA
- N••• S• P••••• to F•••• P••••••• W•••••• L••Oct 23, 2025 · RIA to RIA
- L•••••• G••••• G••••• to F•••• P••••••• W•••••• L••Oct 23, 2025 · RIA to RIA
- J•• M•••••• B•••• to F•••• P••••••• W•••••• L••Oct 23, 2025 · RIA to RIA
- W•••• P••••••••• to F•••• P••••••• W•••••• L••Oct 23, 2025 · RIA to RIA
- E••••••• C• G••••• to F•••• P••••••• W•••••• L••Oct 23, 2025 · RIA to RIA
- A••• W• N•••••• to F•••• P••••••• W•••••• L••Oct 23, 2025 · RIA to RIA
Joined, latest
- W•••• P••••••••• from E•••••• C•••••• M••••••••• L••Sep 28, 2022 · RIA to RIA
- E••••••• C• G••••• from M•••••• L••••• P•••••• F••••• • S•••• I•••••••••Sep 20, 2022 · Wirehouse to independent RIA
Teams: two or more advisors moving together within fourteen days, from one state
- 13 left for F•••• P••••••• W•••••• L••Oct 23, 2025 · Tucson, Az · Firm absorbed
- 9 joined from S••••• I••••••••• M••••••••• L••Oct 1, 2021 · Tucson, Az · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- A••••••••• S•••• S••••• · Chief Compliance Officercontrolsince 06/2021 · owns less than 5%
- A•••• M••••••• H• · Principalcontrolsince 06/2021 · owns less than 5%
- G•••••• L••••••• G••••• · Principalcontrolsince 06/2021 · owns less than 5%
- W•••••• T••••••• D•••• · Principalcontrolsince 06/2021 · owns less than 5%
Entity owners
- F•••• O••••••••• L•• · Member (Manager)direct · owns 75% or more
- C••• A••••••••• X••• L••• · General Partnerindirect · owns F of C••••••• D••••••• • R••• F••• X••• L•••
- C••• A••••••••• X••• L••• · General Partnerindirect · owns F of C••• F•••••••• C••••••••• L•••
- C••• F•••••••• C••••••••• L••• · Partnerindirect · owns 25% to 50% of C••• F•••••••• H•••••••• L•••
- C••• F•••••••• H•••••••• L••• · Partnerindirect · owns 50% to 75% of F•••••••• F•• U••••••• H•••••••• L•
- C••• I••••••••• A••••••••• X••• L••• · General Partnerindirect · owns F of C••• F•••••••• H•••••••• L•••
- C••••••• D••••••• • R••• F••• X••• L••• · Partnerindirect · owns 50% to 75% of C••• F•••••••• C••••••••• L•••
- F•••••••• F•• A••••••••• L•• · Shareholder, Class A Common Stockindirect · owns 75% or more of F•••• F•••••••• P•••••••• I•••
- F•••••••• F•• I••••••••• H•••••••• L•• · Memberindirect · owns 75% or more of F•••••••• F•• A••••••••• L••
- F•••••••• F•• P•••••• I••• · Memberindirect · owns 75% or more of F•••••••• F•• I••••••••• H•••••••• L••
- F•••••••• F•• U••••••• H•••••••• L• · Shareholder Class B Common Stockindirect · owns 75% or more of F•••• F•••••••• P•••••••• I•••
- F•••••••• F•• U••••••• H•••••••• L• · Shareholderindirect · owns 75% or more of F•••••••• F•• P•••••• I•••
- F•••• F•••••••• P•••••••• I••• · Memberindirect · owns 75% or more of F•••• F•••••••• P•••••••• L••
- F•••• F•••••••• P•••••••• L•• · Memberindirect · owns 75% or more of F•••• O••••••••• L••
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 |
|---|---|---|---|---|---|
| Tucson, Az · principal | 0 | 0 | 9 | ||
| Scottsdale, Az | 0 | 0 | 4 |
Offices
Schedule D 1.F, the 25 largest
- Scottsdale, AZ6 employees
What changed
consecutive filings, newest first
- Accounts · 3,330 to 3,940Sep 26, 2024 to Mar 13, 2025
- HNW clients · 626 to 776Sep 26, 2024 to Mar 13, 2025
- Individual clients · 1,040 to 1,111Sep 26, 2024 to Mar 13, 2025
- Assets in custody · $2.0B to $1.3BSep 26, 2024 to Mar 13, 2025
- Employees · 15 to 17Sep 26, 2024 to Mar 13, 2025
- Financial planning clients · unset to Sep 26, 2024 to Mar 13, 2025
- Discretionary RAUM · $1.9B to $2.4BSep 26, 2024 to Mar 13, 2025
- HNW RAUM · $1.5B to $1.9BSep 26, 2024 to Mar 13, 2025
- Individual RAUM · $472M to $505MSep 26, 2024 to Mar 13, 2025
- Non-discretionary RAUM · $34.1M to $69.5MSep 26, 2024 to Mar 13, 2025
- RAUM · $2.0B to $2.4BSep 26, 2024 to Mar 13, 2025
- Related insurance company · false to trueSep 26, 2024 to Mar 13, 2025
- Accounts · 3,225 to 3,330Oct 12, 2023 to Mar 28, 2024
- HNW clients · 551 to 626Oct 12, 2023 to Mar 28, 2024
- Individual clients · 1,337 to 1,040Oct 12, 2023 to Mar 28, 2024
- Assets in custody · $74.8M to $2.0BOct 12, 2023 to Mar 28, 2024
- Discretionary RAUM · $2.0B to $1.9BOct 12, 2023 to Mar 28, 2024
- HNW RAUM · $1.5B to $1.5BOct 12, 2023 to Mar 28, 2024
- Individual RAUM · $493M to $472MOct 12, 2023 to Mar 28, 2024
- Non-discretionary RAUM · $14.2M to $34.1MOct 12, 2023 to Mar 28, 2024
- RAUM · $2.0B to $2.0BOct 12, 2023 to Mar 28, 2024
- Accounts · 2,813 to 3,225Jan 11, 2023 to Mar 28, 2023
- Advisory employees · 11 to 12Jan 11, 2023 to Mar 28, 2023
- HNW clients · 508 to 551Jan 11, 2023 to Mar 28, 2023
- Individual clients · 1,003 to 1,337Jan 11, 2023 to Mar 28, 2023
- State-registered IARs · 11 to 12Jan 11, 2023 to Mar 28, 2023
- Discretionary RAUM · $1.6B to $2.0BJan 11, 2023 to Mar 28, 2023
- HNW RAUM · $1.2B to $1.5BJan 11, 2023 to Mar 28, 2023
- Individual RAUM · $444M to $493MJan 11, 2023 to Mar 28, 2023
- Non-discretionary RAUM · $21.9M to $14.2MJan 11, 2023 to Mar 28, 2023
- RAUM · $1.6B to $2.0BJan 11, 2023 to Mar 28, 2023
- Accounts · 2,777 to 2,813Dec 1, 2021 to Mar 24, 2022
- HNW clients · 517 to 508Dec 1, 2021 to Mar 24, 2022
- Individual clients · 791 to 1,003Dec 1, 2021 to Mar 24, 2022
- Assets in custody · $1.6B to $74.8MDec 1, 2021 to Mar 24, 2022
- Employees · 13 to 15Dec 1, 2021 to Mar 24, 2022
- Discretionary RAUM · $1.6B to $1.6BDec 1, 2021 to Mar 24, 2022
- HNW RAUM · $1.3B to $1.2BDec 1, 2021 to Mar 24, 2022
- Individual RAUM · $372M to $444MDec 1, 2021 to Mar 24, 2022
- Non-discretionary RAUM · $48.0M to $21.9MDec 1, 2021 to Mar 24, 2022
Signals
18 dated events
- S••••• I••••••••• M••••••••• no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $2.4B)Dec 20, 2025 · Left the SEC roster · derived
- N••• S• P••••• left S••••• I••••••••• M••••••••• for F•••• P••••••• W•••••• L•• (registered 2025-10-01)Oct 23, 2025 · Advisor changed firm · fact
- A••• W• N•••••• left S••••• I••••••••• M••••••••• for F•••• P••••••• W•••••• L•• (registered 2025-10-02)Oct 23, 2025 · Advisor changed firm · fact
- J•• M•••••• B•••• left S••••• I••••••••• M••••••••• for F•••• P••••••• W•••••• L•• (registered 2025-10-02)Oct 23, 2025 · Advisor changed firm · fact
- E•••• N•• H••••• left S••••• I••••••••• M••••••••• for F•••• P••••••• W•••••• L•• (registered 2025-10-02)Oct 23, 2025 · Advisor changed firm · fact
- T•••••• D•••• W••••• left S••••• I••••••••• M••••••••• for F•••• P••••••• W•••••• L•• (registered 2025-10-01)Oct 23, 2025 · Advisor changed firm · fact
- E••••••• C• G••••• left S••••• I••••••••• M••••••••• for F•••• P••••••• W•••••• L•• (registered 2025-10-02)Oct 23, 2025 · Advisor changed firm · fact
- W•••• P••••••••• left S••••• I••••••••• M••••••••• for F•••• P••••••• W•••••• L•• (registered 2025-10-02)Oct 23, 2025 · Advisor changed firm · fact
- H••• B•••••• T••••• left S••••• I••••••••• M••••••••• for F•••• P••••••• W•••••• L•• (registered 2025-10-01)Oct 23, 2025 · Advisor changed firm · fact
- S••• S••••• A•••••••• left S••••• I••••••••• M••••••••• for F•••• P••••••• W•••••• L•• (registered 2025-10-02)Oct 23, 2025 · Advisor changed firm · fact
- D•••••• R• R••••• left S••••• I••••••••• M••••••••• for F•••• P••••••• W•••••• L•• (registered 2025-10-09)Oct 23, 2025 · Advisor changed firm · fact
- L•••••• G••••• G••••• left S••••• I••••••••• M••••••••• for F•••• P••••••• W•••••• L•• (registered 2025-10-02)Oct 23, 2025 · Advisor changed firm · fact
- R••• M• G••••• left S••••• I••••••••• M••••••••• for F•••• P••••••• W•••••• L•• (registered 2025-10-02)Oct 23, 2025 · Advisor changed firm · fact
- M•••••• H• A••• left S••••• I••••••••• M••••••••• for F•••• P••••••• W•••••• L•• (registered 2025-10-02)Oct 23, 2025 · Advisor changed firm · fact
- S••••• I••••••••• M•••••••••'s advisors moved to F•••• P••••••• W•••••• L•• (Tucson, AZ): 13 of 13 registered, on the same dayOct 23, 2025 · Firm absorbed (people side) · derived
- Bradley Hugh Toland (Principal) no longer on Schedule A of S••••• I••••••••• M••••••••• (listed 2023-03-28, absent 2023-09-12)Sep 12, 2023 · Control person left · inference
- R. Douglas Rogers (Principal) no longer on Schedule A of S••••• I••••••••• M••••••••• (listed 2023-03-28, absent 2023-09-12)Sep 12, 2023 · Control person left · inference
- S••••• I••••••••• M••••••••• G••••• L•• filed its initial SEC registration (Form ADV)Jun 18, 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.
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
- Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026