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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SEC-registered adviser

L•••••••• F•••••••• G••••• I••

Independent wealth managerNewport Beach, CaliforniaCRD 316860SEC 801-122651websiteIAPD
Latest filing Jan 23, 2026
First filing on the tape Oct 7, 2021 · 9 filings
SEC status approved since Nov 8, 2021
RAUM
$110M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$110M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$110M
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
9 filings and snapshots on the tape
RAUM$110M as of Jan 23, 2026
Jan 17, 2022$129M then
HNW client RAUM$95.4M as of Jan 23, 2026
Jan 17, 2022$98.0M then
State-registered IARs (5.B.3)1 as of Jan 23, 2026
Jan 17, 20220 then
Employees (5.A)1 as of Jan 23, 2026
Jan 17, 20221 then
Private funds: no history
RAUM -18% over the last fiscal year+0.0% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Jan 23, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$110MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
69derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.7MderivedHNW RAUM over HNW clients
Average account
$406,202derivedRAUM 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
-18%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-2.8%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Wrap fee program
$7.9MreportedItem 5.I
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$95.4M87%
  • Individuals$14.7M13%
Individual clients
34reported
HNW clients
35reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
271reported
Financial planning clients
1-10reported
Wrap fee programs
$7.9M sponsored, $0 managedreported
Custody of client assets
noreported
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
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
L••• L••• L••••••••Chartered Financial ConsultantN•••••• Beach, CaNov 8, 202134 y3
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 headcount0 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • L••••••••• L•••• L••• · Chief Compliance Officercontrol
    since 11/2021 · owns less than 5%
  • L••••••••• L•••• L••• · Trusteecontrol
    since 09/2004 · owns 75% or more of L••• L• L•••••••• L••••• T••••
Entity owners
  • L••• L• L•••••••• L••••• T•••• · Member
    direct · owns 75% or more
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
  • custody status changedChange between filings · filing Jan 23, 2026
    custody of client assets (Item 9.A): yes on the filing of 2025-01-14, no on the filing of 2026-01-23
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 252 to 271
    Jan 14, 2025 to Jan 23, 2026
  • HNW clients · 32 to 35
    Jan 14, 2025 to Jan 23, 2026
  • Individual clients · 39 to 34
    Jan 14, 2025 to Jan 23, 2026
  • Assets in custody · 392369.0 to unset
    Jan 14, 2025 to Jan 23, 2026
  • Custody of client assets · true to false
    Jan 14, 2025 to Jan 23, 2026
  • Discretionary RAUM · $135M to $110M
    Jan 14, 2025 to Jan 23, 2026
  • HNW RAUM · $119M to $95.4M
    Jan 14, 2025 to Jan 23, 2026
  • Individual RAUM · $15.6M to $14.7M
    Jan 14, 2025 to Jan 23, 2026
  • RAUM · $135M to $110M
    Jan 14, 2025 to Jan 23, 2026
  • Wrap assets (sponsor) · $48.9M to $7.9M
    Jan 14, 2025 to Jan 23, 2026
  • Accounts · 241 to 252
    Feb 8, 2024 to Jan 14, 2025
  • Individual clients · 45 to 39
    Feb 8, 2024 to Jan 14, 2025
  • Assets in custody · $190,926 to $392,369
    Feb 8, 2024 to Jan 14, 2025
  • Financial planning clients · 11-25 to 1-10
    Feb 8, 2024 to Jan 14, 2025
  • Discretionary RAUM · $120M to $135M
    Feb 8, 2024 to Jan 14, 2025
  • HNW RAUM · $105M to $119M
    Feb 8, 2024 to Jan 14, 2025
  • Individual RAUM · $14.7M to $15.6M
    Feb 8, 2024 to Jan 14, 2025
  • RAUM · $120M to $135M
    Feb 8, 2024 to Jan 14, 2025
  • Wrap assets (sponsor) · $44.3M to $48.9M
    Feb 8, 2024 to Jan 14, 2025
  • Accounts · 230 to 241
    Feb 1, 2023 to Feb 8, 2024
  • HNW clients · 85 to 32
    Feb 1, 2023 to Feb 8, 2024
  • Individual clients · 15 to 45
    Feb 1, 2023 to Feb 8, 2024
  • Assets in custody · $35.0M to $190,926
    Feb 1, 2023 to Feb 8, 2024
  • Financial planning clients · 1-10 to 11-25
    Feb 1, 2023 to Feb 8, 2024
  • State-registered IARs · 0 to 1
    Feb 1, 2023 to Feb 8, 2024
  • Discretionary RAUM · $110M to $120M
    Feb 1, 2023 to Feb 8, 2024
  • HNW RAUM · $109M to $105M
    Feb 1, 2023 to Feb 8, 2024
  • Individual RAUM · $1.3M to $14.7M
    Feb 1, 2023 to Feb 8, 2024
  • RAUM · $110M to $120M
    Feb 1, 2023 to Feb 8, 2024
  • Wrap assets (sponsor) · $41.4M to $44.3M
    Feb 1, 2023 to Feb 8, 2024
  • Accounts · 216 to 230
    Jan 17, 2022 to Feb 1, 2023
  • HNW clients · 38 to 85
    Jan 17, 2022 to Feb 1, 2023
  • Individual clients · 66 to 15
    Jan 17, 2022 to Feb 1, 2023
  • Assets in custody · $693,304 to $35.0M
    Jan 17, 2022 to Feb 1, 2023
  • Discretionary RAUM · $129M to $110M
    Jan 17, 2022 to Feb 1, 2023
  • HNW RAUM · $98.0M to $109M
    Jan 17, 2022 to Feb 1, 2023
  • Individual RAUM · $31.1M to $1.3M
    Jan 17, 2022 to Feb 1, 2023
  • RAUM · $129M to $110M
    Jan 17, 2022 to Feb 1, 2023
  • Wrap assets (manager) · unset to 0.0
    Jan 17, 2022 to Feb 1, 2023
  • Wrap assets (sponsor) · unset to 41429496.0
    Jan 17, 2022 to Feb 1, 2023
Signals
1 dated events
  • L•••••••• F•••••••• G••••• I•• filed its initial SEC registration (Form ADV)
    Oct 7, 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/lockerman-financial-groupreportedpublic record, Form ADV, Sep 18, 2026
Website
L••••••••FINANCIAL.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
949-544-3500reportedpublic record, Form ADV, Jan 23, 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
$110Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026