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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

M•••••••• M••••••••• C•••••• L••

Other adviserCRD 316801SEC 801-122498websiteIAPD
Latest filing May 5, 2026
First filing on the tape Sep 15, 2021 · 20 filings
SEC status approved since Oct 20, 2021
RAUM
$622M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
11
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$622M as of May 5, 2026
Mar 11, 2022$480M then
HNW client RAUM$0 as of May 5, 2026
Mar 11, 2022$0 then
State-registered IARs (5.B.3)0 as of May 5, 2026
Mar 11, 20220 then
Employees (5.A)11 as of May 5, 2026
Mar 11, 20227 then
Private funds4 as of May 5, 2026
Mar 26, 20242 then
RAUM -19% over the last fiscal year+29% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 5, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM 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
$69.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-19%derivedbetween 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, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$298M, 4 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Corporations and businesses$325M52%
  • Pooled investment vehicles$298M48%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
9reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$298M for 4 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.0 fund_share=0.48 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      F•••••• A•• A••••••••• L•Private Equity Fund$341M13Nov 28, 2023
      F•••••• E•••••• I••••••• O••••••• F••• I• L•Private Equity Fund$54.0M13Mar 26, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • S••••••••• N•••••••• K•••• · Ceocontrol
        since 09/2021 · owns less than 5%
      • S••••••••• N•••••••• K•••• · Managercontrol
        since 10/2021 · owns F of N•• F••••• L••
      • V•••••••• S•••••• · Trusteecontrol
        since 09/2022 · owns F of N•• F••••• T••••
      • F••••• D•••••• C••••• · Cco
        since 09/2021 · owns less than 5%
      Entity owners
      • M•••••••• G•••• L•• · Owner
        direct · owns 75% or more
      • N•• F••••• L•• · Owner
        indirect · owns 75% or more of M•••••••• G•••• L••
      • N•• F••••• T•••• · Owner
        indirect · owns F of N•• F••••• L••
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • institutional asset share shiftChange between filings · filing Apr 1, 2026
        institutional share of RAUM moved from 29.0% to 52.0% between the annual amendments of 2025-03-31 and 2026-04-01
        peers: other advisers, $500M to $1B (95)
      What changed
      consecutive filings, newest first
      • Accounts · 4 to 9
        Mar 31, 2025 to Mar 31, 2026
      • Advisory employees · 5 to 8
        Mar 31, 2025 to Mar 31, 2026
      • Corporate clients · unset to 5.0
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 3 to 4
        Mar 31, 2025 to Mar 31, 2026
      • Assets in custody · $550M to $298M
        Mar 31, 2025 to Mar 31, 2026
      • Employees · 7 to 11
        Mar 31, 2025 to Mar 31, 2026
      • Private funds · 3 to 4
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $772M to $622M
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $550M to $298M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $772M to $622M
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 3 to 4
        Oct 14, 2024 to Mar 31, 2025
      • Corporate clients · 0.0 to unset
        Oct 14, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 2 to 3
        Oct 14, 2024 to Mar 31, 2025
      • Assets in custody · unset to 549971121.0
        Oct 14, 2024 to Mar 31, 2025
      • Custody of client assets · false to true
        Oct 14, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Oct 14, 2024 to Mar 31, 2025
      • HQ city · unset to
        Oct 14, 2024 to Mar 31, 2025
      • HQ state · unset to
        Oct 14, 2024 to Mar 31, 2025
      • Private funds · 2 to 3
        Oct 14, 2024 to Mar 31, 2025
      • Discretionary RAUM · $809M to $772M
        Oct 14, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $395M to $550M
        Oct 14, 2024 to Mar 31, 2025
      • RAUM · $809M to $772M
        Oct 14, 2024 to Mar 31, 2025
      • Accounts · 1 to 3
        Nov 28, 2023 to Mar 26, 2024
      • Advisory activities · 3 to 2
        Nov 28, 2023 to Mar 26, 2024
      • Pooled vehicle clients · 0 to 2
        Nov 28, 2023 to Mar 26, 2024
      • Private funds · 1 to 2
        Nov 28, 2023 to Mar 26, 2024
      • Discretionary RAUM · $290M to $809M
        Nov 28, 2023 to Mar 26, 2024
      • Pooled vehicle RAUM · $0 to $395M
        Nov 28, 2023 to Mar 26, 2024
      • RAUM · $290M to $809M
        Nov 28, 2023 to Mar 26, 2024
      • Advisory activities · 2 to 3
        Jul 25, 2023 to Nov 28, 2023
      • Private funds · unset to 1
        Jul 25, 2023 to Nov 28, 2023
      • Financial planning clients · 0 to unset
        Jan 25, 2023 to Mar 28, 2023
      • Discretionary RAUM · $480M to $290M
        Jan 25, 2023 to Mar 28, 2023
      • RAUM · $480M to $290M
        Jan 25, 2023 to Mar 28, 2023
      • Business name · M•••••••• M••••••••• L•• to M•••••••• M••••••••• C•••••• L••
        Jul 19, 2022 to Jan 25, 2023
      • Legal name · M•••••••• M••••••••• L•• to M•••••••• M••••••••• C•••••• L••
        Jul 19, 2022 to Jan 25, 2023
      • Accounts · 0 to 1
        Oct 28, 2021 to Mar 11, 2022
      • Business name · M•••••••• M••••••••• L•• to M•••••••• M••••••••• L••
        Oct 28, 2021 to Mar 11, 2022
      • Legal name · M•••••••• M••••••••• L•• to M•••••••• M••••••••• L••
        Oct 28, 2021 to Mar 11, 2022
      • Discretionary RAUM · $0 to $480M
        Oct 28, 2021 to Mar 11, 2022
      Signals
      4 dated events
      • M•••••••• M••••••••• C•••••• L•• reported RAUM $809.1M, up 179% from $290.5M (2023-11-28 to 2024-03-26)
        Mar 26, 2024 · RAUM change · derived
      • M•••••••• M••••••••• C•••••• L•• reported RAUM $290.5M, down 39% from $480.0M (2023-01-25 to 2023-03-28)
        Mar 28, 2023 · RAUM change · derived
      • S•••••• V••••••• (Trustee) appeared on Schedule A of M•••••••• M••••••••• C•••••• L••
        Mar 28, 2023 · Control person joined · fact
      • M•••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Sep 15, 2021 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/fernweh-groupreportedpublic record, Form ADV, Sep 19, 2026
      Website
      f••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      669-699-6167reportedpublic record, Form ADV, May 5, 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
      Other 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