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.

Former SEC-registered adviser

Favor Wealth Advisors, LLC

Former SEC-registered adviserPasadena, CaliforniaCRD 316705SEC 801-122802IAPD
Latest filing Apr 13, 2022
First filing on the tape Nov 2, 2021 · 12 filings
RAUM
$3.1M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$3.1M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$3.1M
derived; firm RAUM over IAPD count
Employees
1
1 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$3.1M as of Apr 13, 2022
Nov 2, 2021$0 then
HNW client RAUM$3.1M as of Apr 13, 2022
Mar 29, 2022$3.1M then
State-registered IARs (5.B.3)1 as of Apr 13, 2022
Nov 2, 20211 then
Employees (5.A)1 as of Apr 13, 2022
Nov 2, 20211 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Apr 13, 2022; every figure names its basis
RAUM per advisor
$3.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$524,721derivedHNW RAUM over HNW clients
Average account
$196,771derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$3.1M100%
Individual clients
n/areported
HNW clients
6reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
16reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Ricky Enrique BielPasadena, CaJul 6, 202226 y2
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
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Enrique Ricky Biel · Ceo, President And Chief Compliance Officercontrol
    since 11/2021 · 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
Pasadena, Ca · principal100
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · unset to 16.0
    Feb 17, 2022 to Mar 29, 2022
  • Advisory activities · 3 to 4
    Feb 17, 2022 to Mar 29, 2022
  • HNW clients · unset to 6.0
    Feb 17, 2022 to Mar 29, 2022
  • Discretionary RAUM · unset to 3148328.0
    Feb 17, 2022 to Mar 29, 2022
  • HNW RAUM · unset to 3148328.0
    Feb 17, 2022 to Mar 29, 2022
  • Non-discretionary RAUM · unset to 0.0
    Feb 17, 2022 to Mar 29, 2022
  • RAUM · unset to 3148328.0
    Feb 17, 2022 to Mar 29, 2022
  • Related adviser · true to false
    Feb 17, 2022 to Mar 29, 2022
  • Accounts · 0.0 to unset
    Dec 6, 2021 to Feb 17, 2022
  • Insurance-licensed employees · 0 to 1
    Dec 6, 2021 to Feb 17, 2022
  • Discretionary RAUM · 0.0 to unset
    Dec 6, 2021 to Feb 17, 2022
  • Non-discretionary RAUM · 0.0 to unset
    Dec 6, 2021 to Feb 17, 2022
  • RAUM · 0.0 to unset
    Dec 6, 2021 to Feb 17, 2022
  • Business name · RB ADVISORS, LLC to FAVOR WEALTH MANAGEMENT, LLC
    Dec 1, 2021 to Dec 6, 2021
  • Legal name · RB ADVISORS, LLC to FAVOR WEALTH MANAGEMENT, LLC
    Dec 1, 2021 to Dec 6, 2021
  • Business name · FAVOR WEALTH MANAGEMENT, LLC to FAVOR WEALTH ADVISORS, LLC
    Dec 6, 2021 to Dec 6, 2021
  • Legal name · FAVOR WEALTH MANAGEMENT, LLC to FAVOR WEALTH ADVISORS, LLC
    Dec 6, 2021 to Dec 6, 2021
  • Related adviser · false to true
    Nov 8, 2021 to Dec 1, 2021
Signals
2 dated events
  • Tercel Cameron West left Favor Wealth Advisors, Llc for Lpl Financial Llc (registered 2025-08-06)
    May 14, 2025 · Advisor changed firm · fact
  • Rb Advisors, Llc filed its initial SEC registration (Form ADV)
    Nov 2, 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/favorwealthreportedpublic record, Form ADV, Sep 17, 2026
Website
favorwealth.comreportedpublic 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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
$3.1Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026