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
Private Wealth Asset Management
Legal name Private Wealth Asset Management, LLC
Latest filing Apr 13, 2026
First filing on the tape Jul 12, 2021 · 26 filings
SEC status approved since Aug 12, 2021
RAUM
$2.5B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$2.5B individuals and HNW
Advisors
22
registered through the firm on IAPD
RAUM per advisor
$115M
derived; firm RAUM over IAPD count
Employees
32
22 advisory (5.B.1)
Offices
6
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$2.5B as of Apr 13, 2026
Mar 23, 2022$617M then
HNW client RAUM$2.5B as of Apr 13, 2026
Mar 23, 2022$383M then
State-registered IARs (5.B.3)22 as of Apr 13, 2026
Mar 23, 202216 then
Employees (5.A)32 as of Apr 13, 2026
Mar 23, 202216 then
Private funds: no history
RAUM +36% over the last fiscal year+40% a year over threeIARs 22 to 22
Practice profile
derived from the filing of Apr 13, 2026; every figure names its basis
- RAUM per advisor
- $115MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 25derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $6.1MderivedHNW RAUM over HNW clients
- Average account
- $1.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 3.1derived7 offices incl. principal (1.F.5)
- RAUM growth, one year
- +36%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +16%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisers, otherreportedItem 5.G
- Custody
- $2.3B, 541 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
- 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$2.5B98%
- Individuals$61.9M2.5%
- Individual clients
- 153reported
- HNW clients
- 406reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 2,268reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- $2.3B for 541 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
22 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Heather Fortune Vestweber | Cedar Rapids, Ia | Sep 7, 2021 | 24 y | 2 |
| Deanna Lynn Connell | Omaha, Ne | Sep 9, 2021 | 31 y | 4 |
| Brett Warren HalleyChartered Financial Analyst | Omaha, Ne | Sep 21, 2021 | 25 y | 0 |
| David Don Holtorf | Omaha, Ne | Sep 28, 2021 | 21 y | 2 |
| Debra Marie WilkensChartered Financial Analyst | San Anthonio, Tx | Nov 2, 2021 | 19 y | 1 |
| David Edward Arens | West Des Moines, Ia | Jan 4, 2022 | 22 y | 2 |
| Bryan JarmanChartered Financial Analyst | Omaha, Ne | Jan 31, 2022 | 27 y | 1 |
| Christine Marie Casey | Omaha, Ne | Apr 4, 2022 | 32 y | 1 |
| David A Tawil | Omaha, Ne | Jul 11, 2022 | 26 y | 0 |
| Russell Wayne Samples | San Antonio, Tx | Jul 19, 2022 | 32 y | 2 |
| Michelle Daree Acton | Omaha, Ne | Nov 10, 2022 | 40 y | 0 |
| Gayle Ann Fincher | Omaha, Ne | May 2, 2023 | 36 y | 0 |
| Zachary Blackwell RitcheyCertified Financial Planner | Omaha, Ne | May 22, 2023 | 11 y | 2 |
| Tyler Richard SchlumpfChartered Financial Analyst | Omaha, Ne | May 24, 2023 | 20 y | 2 |
| Benjamin Daniel Goethel | Omaha, Ne | Sep 18, 2023 | 11 y | 0 |
| Jeffrey H Steiner | St. Louis, Mo | May 21, 2024 | 13 y | 0 |
| Timothy Edward Durbin | Omaha, Ne | May 21, 2024 | 13 y | 1 |
| Wendy Marie Brekken | Omaha, Ne | Jul 22, 2024 | 12 y | 0 |
| Michael Leabo | West Des Moines, Ia | Aug 27, 2025 | 10 y | 1 |
| Madison Ann Vestweber | Omaha, Ne | Oct 13, 2025 | 11 y | 0 |
| Hayden Richard Passmore | Cedar Rapids, Ia | Mar 24, 2026 | 11 y | 0 |
| Giovani J Rodriquez Martinez | Midland, Tx | Jul 16, 2026 | 10 y | 0 |
Advisor movement
2 left, 0 joined in 12 months
net -2 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 9.1% of current headcount3 left over 36 months
Left, latest
- David Michael Hillner to Kindred Peak Wealth Management LLCAug 18, 2026 · RIA to a state-registered adviser
- Ryan Edward Nielsen to Osaic Wealth, Inc.Oct 20, 2025 · RIA to affiliated broker-dealer or bank
- Aaron Bradley Curry to Cerity Partners LLCJan 28, 2025 · RIA to RIA
- Kelly Marie Stobb to Wells Fargo AdvisorsAug 1, 2022 · RIA to wirehouse
Joined, latest
- Michael Leabo from LPL Financial LLCAug 27, 2025 · Affiliated broker-dealer or bank to independent RIA
- Timothy Edward Durbin from Pnc Wealth ManagementMay 21, 2024 · Other
- Tyler Richard Schlumpf from Wells Fargo AdvisorsMay 24, 2023 · Wirehouse to independent RIA
- Zachary Blackwell Ritchey from Wells Fargo AdvisorsMay 22, 2023 · Wirehouse to independent RIA
- Russell Wayne Samples from Edward JonesJul 19, 2022 · Affiliated broker-dealer or bank to independent RIA
- Aaron Bradley Curry from Raymond James Financial Services Advisors, IncApr 11, 2022 · Affiliated broker-dealer or bank to independent RIA
- Christine Marie Casey from Wells Fargo Investments, LLCApr 4, 2022 · Other
- Bryan Jarman from Hepburn Capital Management, LLCJan 31, 2022 · Other
- David Edward Arens from Wells Fargo AdvisorsJan 4, 2022 · Wirehouse to independent RIA
- David Michael Hillner from Wells Fargo AdvisorsDec 8, 2021 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- Debra Marie Wilkens from Waddell & ReedNov 2, 2021 · Other
- David Don Holtorf from Wells Fargo AdvisorsSep 28, 2021 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- Deanna Lynn Connell from Wells Fargo AdvisorsSep 9, 2021 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- Ryan Edward Nielsen from Osaic Wealth, Inc.Sep 7, 2021 · Affiliated broker-dealer or bank to a newly registered adviser
- Heather Fortune Vestweber from Wells Fargo AdvisorsSep 7, 2021 · Wirehouse to a newly registered adviser (no RAUM reported yet)
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Wells Fargo AdvisorsMar 16, 2023 · Omaha, Ne
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Marie Wendy Brekken · Presidentcontrolsince 01/2024 · owns less than 5%
- Lynn Kimberly Cappellano · Chief Executive Officercontrolsince 03/2024 · owns less than 5%
- Jo Melissa Clines · Chief Operations Officercontrolsince 09/2022 · owns less than 5%
- Warren Brett Halley · Chief Investment Officercontrolsince 01/2024 · owns less than 5%
- Lee Bryan Johnson · Chief Administrative Officercontrolsince 01/2024 · owns less than 5%
- Paul Matthew Murray · Chief Compliance Officersince 04/2025 · owns less than 5%
- Andrew Robert Foster · Managing Membersince 09/2024 · owns 75% or more of Omaha Capital 19 LLC
- D Thomas Klauer · Managing Membersince 05/2021 · owns 75% or more of Commercial Court One, LLC
Entity owners
- Pwam Advisor Partners · Ownerdirect · owns 50% to 75%
- Garage Row Oz LLC · Non- Controlling Entity Ownerdirect · owns 5% to 10%
- Omaha Capital 19 LLC · Non- Controlling Entity Ownerdirect · owns 10% to 25%
- Commercial Court One, LLC · Ownerindirect · owns 75% or more of Garage Row Oz LLC
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 |
|---|---|---|---|---|---|
| Omaha, Ne · principal | 21 | 2 | 0 | ||
| Midland, Tx | 4 | 1 | 0 | ||
| West Des Moines, Ia | 4 | 1 | 0 | ||
| Cedar Rapids, Ia | 3 | 1 | 1 | ||
| San Antonio, Tx | 2 | 0 | 1 | ||
| St Louis, Mo | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Midland, TX4 employees
- San Antoni0, TX4 employees
- Cedar Rapids, IA3 employees
- West Des Moines, IA3 employees
- St. Louis, MO2 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Apr 13, 2026JOHNSON, BRYAN, LEE (CHIEF ADMINISTRATIVE OFFICER) left Schedule A between the filings of 2024-10-11 and 2026-04-13peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Apr 13, 2026CLINES, MELISSA, JO (CHIEF OPERATIONS OFFICER) left Schedule A between the filings of 2024-10-11 and 2026-04-13peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 1,947 to 2,268Mar 31, 2025 to Mar 30, 2026
- BD registered reps · 1 to 0Mar 31, 2025 to Mar 30, 2026
- HNW clients · 379 to 406Mar 31, 2025 to Mar 30, 2026
- Individual clients · 104 to 153Mar 31, 2025 to Mar 30, 2026
- Assets in custody · $1.1B to $2.3BMar 31, 2025 to Mar 30, 2026
- Employees · 37 to 32Mar 31, 2025 to Mar 30, 2026
- Discretionary RAUM · $1.8B to $2.5BMar 31, 2025 to Mar 30, 2026
- HNW RAUM · $1.8B to $2.5BMar 31, 2025 to Mar 30, 2026
- Individual RAUM · $37.8M to $61.9MMar 31, 2025 to Mar 30, 2026
- RAUM · $1.8B to $2.5BMar 31, 2025 to Mar 30, 2026
- Related broker-dealer · true to falseMar 31, 2025 to Mar 30, 2026
- Accounts · 1,849 to 1,947Dec 9, 2024 to Mar 31, 2025
- HNW clients · 368 to 379Dec 9, 2024 to Mar 31, 2025
- Individual clients · 92 to 104Dec 9, 2024 to Mar 31, 2025
- Assets in custody · $1.7B to $1.1BDec 9, 2024 to Mar 31, 2025
- Financial planning clients · 1-10 to 1-10Dec 9, 2024 to Mar 31, 2025
- Other offices · 5 to 6Dec 9, 2024 to Mar 31, 2025
- Discretionary RAUM · $1.9B to $1.8BDec 9, 2024 to Mar 31, 2025
- HNW RAUM · $1.8B to $1.8BDec 9, 2024 to Mar 31, 2025
- Individual RAUM · $33.0M to $37.8MDec 9, 2024 to Mar 31, 2025
- RAUM · $1.9B to $1.8BDec 9, 2024 to Mar 31, 2025
- Accounts · 1,781 to 1,849Sep 12, 2024 to Oct 11, 2024
- Advisory employees · 20 to 22Sep 12, 2024 to Oct 11, 2024
- Advisory activities · 4 to 5Sep 12, 2024 to Oct 11, 2024
- HNW clients · 380 to 368Sep 12, 2024 to Oct 11, 2024
- Individual clients · 72 to 92Sep 12, 2024 to Oct 11, 2024
- Assets in custody · $0 to $1.7BSep 12, 2024 to Oct 11, 2024
- State-registered IARs · 0 to 22Sep 12, 2024 to Oct 11, 2024
- Discretionary RAUM · $1.6B to $1.9BSep 12, 2024 to Oct 11, 2024
- HNW RAUM · $1.6B to $1.8BSep 12, 2024 to Oct 11, 2024
- Individual RAUM · $19.6M to $33.0MSep 12, 2024 to Oct 11, 2024
- RAUM · $1.6B to $1.9BSep 12, 2024 to Oct 11, 2024
- Accounts · 1,140 to 1,781Nov 6, 2023 to Mar 14, 2024
- Advisory employees · 19 to 20Nov 6, 2023 to Mar 14, 2024
- Charity clients · unset to 0.0Nov 6, 2023 to Mar 14, 2024
- Corporate clients · unset to 0.0Nov 6, 2023 to Mar 14, 2024
- HNW clients · 282 to 380Nov 6, 2023 to Mar 14, 2024
- Individual clients · 31 to 72Nov 6, 2023 to Mar 14, 2024
- Employees · 42 to 37Nov 6, 2023 to Mar 14, 2024
- HQ city · CEDAR RAPIDS to OMAHANov 6, 2023 to Mar 14, 2024
Signals
26 dated events
- David Michael Hillner left Private Wealth Asset Management for Kindred Peak Wealth Management Llc (registered 2026-08-07)Aug 18, 2026 · Advisor changed firm · fact
- Private Wealth Asset Management reported RAUM $2.5B, up 36% from $1.8B (2025-03-31 to 2026-03-30)Mar 30, 2026 · RAUM change · derived
- Ryan Edward Nielsen left Private Wealth Asset Management for Osaic Wealth, Inc. (registered 2025-10-20)Oct 20, 2025 · Advisor changed firm · fact
- Aaron Bradley Curry left Private Wealth Asset Management for Cerity Partners Llc (registered 2025-02-12)Jan 28, 2025 · Advisor changed firm · fact
- Private Wealth Asset Management reported 22 state-registered advisory representatives, up from 0 (2024-09-12 to 2024-10-11)Oct 11, 2024 · Advisor headcount change · derived
- Marie Wendy Brekken (President) appeared on Schedule A of Private Wealth Asset ManagementOct 11, 2024 · Control person joined · fact
- Private Wealth Asset Management reported RAUM $1.6B, up 74% from $926.2M (2023-11-06 to 2024-03-14)Mar 14, 2024 · RAUM change · derived
- Lynn Kimberly Cappellano (Chief Compliance Officer And Chief Executive Officer) appeared on Schedule A of Private Wealth Asset ManagementMar 14, 2024 · Control person joined · fact
- Warren Brett Halley (Chief Investment Officer) appeared on Schedule A of Private Wealth Asset ManagementMar 14, 2024 · Control person joined · fact
- Ann Julie Wagner (Chief Compliance Officer) no longer on Schedule A of Private Wealth Asset Management (listed 2023-11-06, absent 2024-03-14)Mar 14, 2024 · Control person left · inference
- 2 advisors left Wells Fargo Advisors (Omaha, NE) for Private Wealth Asset Management within 6 daysMar 16, 2023 · Team lift-out · derived
- Private Wealth Asset Management reported 0 state-registered advisory representatives, down from 13 (2022-10-25 to 2023-01-30)Jan 30, 2023 · Advisor headcount change · derived
- Jo Melissa Clines (Chief Operation Officer) appeared on Schedule A of Private Wealth Asset ManagementOct 25, 2022 · Control person joined · fact
- Ann Julie Wagner (Chief Compliance Officer) appeared on Schedule A of Private Wealth Asset ManagementOct 25, 2022 · Control person joined · fact
- Lee Bryan Johnson (Chief Executive Officer) appeared on Schedule A of Private Wealth Asset ManagementOct 25, 2022 · Control person joined · fact
- Tyler Maxwell Smith (Chief Operations Officer) no longer on Schedule A of Private Wealth Asset Management (listed 2022-08-02, absent 2022-10-25)Oct 25, 2022 · Control person left · inference
- David Matthew Rothchild (Chief Compliance Officer) no longer on Schedule A of Private Wealth Asset Management (listed 2022-08-02, absent 2022-10-25)Oct 25, 2022 · Control person left · inference
- Private Wealth Asset Management reported RAUM $790.4M, up 28% from $616.8M (2022-05-16 to 2022-08-02)Aug 2, 2022 · RAUM change · derived
- Kelly Marie Stobb left Private Wealth Asset Management for Wells Fargo Advisors (registered 2022-08-17)Aug 1, 2022 · Advisor changed firm · fact
- Private Wealth Asset Management reported 16 state-registered advisory representatives, up from 6 (2021-12-21 to 2022-03-23)Mar 23, 2022 · Advisor headcount change · derived
- Private Wealth Asset Management reported RAUM $616.8M, up 92% from $321.7M (2021-12-21 to 2022-03-23)Mar 23, 2022 · RAUM change · derived
- Lee Bryan Johnson (Chief Executive Officer) no longer on Schedule A of Private Wealth Asset Management (listed 2021-09-30, absent 2021-10-06)Oct 6, 2021 · Control person left · inference
- Lee Bryan Johnson (Chief Executive Officer) appeared on Schedule A of Private Wealth Asset ManagementSep 30, 2021 · Control person joined · fact
- Barnard Timothy Kneen (Owner And Chief Compliance Officer) no longer on Schedule A of Private Wealth Asset Management (listed 2021-07-12, absent 2021-09-07)Sep 7, 2021 · Control person left · inference
- David Matthew Rothchild (Chief Compliance Officer) appeared on Schedule A of Private Wealth Asset ManagementSep 7, 2021 · Control person joined · fact
- Private Wealth Asset Management filed its initial SEC registration (Form ADV)Jul 12, 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@privatewealth.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 210-667-2630reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 314-314-6738reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 319-308-6600reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/private-wealth-asset-managementreportedpublic record, Form ADV, Sep 17, 2026
- Website
- privatewealth.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 402-227-4208reportedpublic record, Form ADV, Apr 13, 2026
- Team page
- privatewealth.com/our-teamreportedpublished by the firm, firm site, Sep 15, 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
- $115Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026