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
A•• W••••• M•••••••••
Legal name A•• W••••• M••••••••• L••
Latest filing Jul 16, 2026
First filing on the tape Dec 11, 2021 · 16 filings
SEC status approved since Jan 10, 2022
RAUM
$216M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
92%
$198M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$54.0M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$216M as of Jul 16, 2026
Mar 31, 2023$121M then
HNW client RAUM$164M as of Jul 16, 2026
Mar 31, 2023$71.2M then
State-registered IARs (5.B.3)2 as of Jul 16, 2026
Mar 31, 20235 then
Employees (5.A)2 as of Jul 16, 2026
Mar 31, 20236 then
Private funds: no history
RAUM +13% over the last fiscal year+21% a year over threeIARs 4 to 2
Practice profile
derived from the filing of Jul 16, 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
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $54.0MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 38derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.2MderivedHNW RAUM over HNW clients
- Average account
- $353,519derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 5.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 0.5derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +13%derivedbetween the last two annual amendments
- Advisor growth, one year
- -50%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -45%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $17.8M, 34 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
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$164M76%
- Individuals$34.5M16%
- Pension and profit-sharing plans$7.3M3.4%
- Charitable organizations$5.4M2.5%
- Other investment advisers$4.9M2.3%
- Individual clients
- 101reported
- HNW clients
- 52reported
- Pension plan clients
- 12reported
- Charitable clients
- 9reported
- Accounts
- 611reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $17.8M for 34 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.92 fund_share=0.02 institutional_share=0.06 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| M•••••• W•••• G••• | Austin, Tx | Mar 23, 2022 | 18 y | 2 |
| D•••• J•••• B••• | Austin, Tx | Mar 23, 2022 | 16 y | 2 |
| J••••••• J••••• B••••••Certified Financial Planner | Austin, Tx | Mar 23, 2022 | 10 y | 2 |
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
Left, latest
- R•••••• W••••• to R••• W••••• P•••••••May 12, 2023 · RIA to a state-registered adviser
Joined, latest
- R•••••• W••••• from D••••••••• F••• A••••••• L•Oct 23, 2022 · Other
- M•••••• W•••• G••• from A•• F•••••••• A•••••••• L••Mar 23, 2022 · Other
- D•••• J•••• B••• from A•• F•••••••• A•••••••• L••Mar 23, 2022 · Other
- J••••••• J••••• B•••••• from A•• F•••••••• A•••••••• L••Mar 23, 2022 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 3 joined from A•• F•••••••• A•••••••• L••Apr 30, 2023 · Austin, Tx · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- C••••••• C••••••••• R•• · Chief Compliance Officer, Director Of Operations, Chief Of Staffcontrolsince 02/2022 · owns less than 5%
- G•••• M••••••• W•••• · Chief Investment Officercontrolsince 10/2021 · owns less than 5%
- B•••• D••••• J•••• · Ownercontrolsince 04/2020 · owns 75% or more of D•••• B••• H•••••••• L••
- B•••• D••••• J•••• · Ownercontrolsince 04/2020 · owns 75% or more of B••• C••••••••• L••
Entity owners
- A•• F•••••••• H•••••••• L•• · Ownerdirect · owns 75% or more
- B••• C••••••••• L•• · Ownerindirect · owns 25% to 50% of A•• F•••••••• H•••••••• L••
- D•••• B••• H•••••••• L•• · Ownerindirect · owns 25% to 50% of A•• F•••••••• H•••••••• L••
Related persons
Schedule D 7.A
- A•• I•••••••• G••••real estaten
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Austin, Tx · principal | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
- clients down average size upCombination · filing Mar 31, 2026private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $191,000,000 to $216,000,000, advisors 4 to 2, private clients 277 to 153, offices 0 to 0 (2025-03-31 to 2026-03-31)peers: independent wealth managers, $100M to $500M (5,676)
- client count collapseChange between filings · filing Mar 31, 2026individual and HNW clients (Item 5.D) moved from 277.0 to 153.0 (-45.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +3.0% (3309 comparable advisers, 2.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,309) · 2.1% percentile
- HNW share shiftChange between filings · filing Mar 31, 2026HNW share of RAUM moved from 59.0% to 76.0% between the annual amendments of 2025-03-31 and 2026-03-31peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
- Accounts · 539 to 611Mar 31, 2025 to Mar 31, 2026
- Advisory employees · 1 to 2Mar 31, 2025 to Mar 31, 2026
- Charity clients · unset to 9.0Mar 31, 2025 to Mar 31, 2026
- HNW clients · 27 to 52Mar 31, 2025 to Mar 31, 2026
- Individual clients · 250 to 101Mar 31, 2025 to Mar 31, 2026
- Pension plan clients · 20 to 12Mar 31, 2025 to Mar 31, 2026
- Assets in custody · $6.3M to $17.8MMar 31, 2025 to Mar 31, 2026
- Employees · 4 to 2Mar 31, 2025 to Mar 31, 2026
- Insurance-licensed employees · 1 to 2Mar 31, 2025 to Mar 31, 2026
- Financial planning clients · 1-10 to 0Mar 31, 2025 to Mar 31, 2026
- State-registered IARs · 4 to 2Mar 31, 2025 to Mar 31, 2026
- Discretionary RAUM · $191M to $216MMar 31, 2025 to Mar 31, 2026
- HNW RAUM · $112M to $164MMar 31, 2025 to Mar 31, 2026
- Individual RAUM · $65.0M to $34.5MMar 31, 2025 to Mar 31, 2026
- Pension RAUM · $10.0M to $7.3MMar 31, 2025 to Mar 31, 2026
- RAUM · $191M to $216MMar 31, 2025 to Mar 31, 2026
- Accounts · 465 to 539Oct 11, 2024 to Mar 31, 2025
- HNW clients · 28 to 27Oct 11, 2024 to Mar 31, 2025
- Individual clients · 122 to 250Oct 11, 2024 to Mar 31, 2025
- Pension plan clients · 24 to 20Oct 11, 2024 to Mar 31, 2025
- Assets in custody · $6.3M to $6.3MOct 11, 2024 to Mar 31, 2025
- Insurance-licensed employees · 0 to 1Oct 11, 2024 to Mar 31, 2025
- Financial planning clients · 1-10 to 1-10Oct 11, 2024 to Mar 31, 2025
- Discretionary RAUM · $145M to $191MOct 11, 2024 to Mar 31, 2025
- HNW RAUM · $73.9M to $112MOct 11, 2024 to Mar 31, 2025
- Individual RAUM · $57.1M to $65.0MOct 11, 2024 to Mar 31, 2025
- Pension RAUM · $6.9M to $10.0MOct 11, 2024 to Mar 31, 2025
- RAUM · $145M to $191MOct 11, 2024 to Mar 31, 2025
- Accounts · 363 to 465Oct 26, 2023 to Mar 29, 2024
- Corporate clients · 20.0 to unsetOct 26, 2023 to Mar 29, 2024
- HNW clients · 26 to 28Oct 26, 2023 to Mar 29, 2024
- Individual clients · 92 to 122Oct 26, 2023 to Mar 29, 2024
- Pension plan clients · unset to 24.0Oct 26, 2023 to Mar 29, 2024
- Assets in custody · $73.9M to $6.3MOct 26, 2023 to Mar 29, 2024
- Employees · 6 to 4Oct 26, 2023 to Mar 29, 2024
- Financial planning clients · 11-25 to 1-10Oct 26, 2023 to Mar 29, 2024
- State-registered IARs · 5 to 4Oct 26, 2023 to Mar 29, 2024
- Discretionary RAUM · $121M to $145MOct 26, 2023 to Mar 29, 2024
- HNW RAUM · $71.2M to $73.9MOct 26, 2023 to Mar 29, 2024
- Individual RAUM · $29.3M to $57.1MOct 26, 2023 to Mar 29, 2024
Signals
5 dated events
- R•••••• W••••• left A•• W••••• M••••••••• for R••• W••••• P••••••• (registered 2024-06-13)May 12, 2023 · Advisor changed firm · fact
- A•• F•••••••• A•••••••• L••'s advisors moved to A•• W••••• M••••••••• (Austin, TX): 3 of 3 registered, on the same dayApr 30, 2023 · Firm absorbed (people side) · derived
- Wayne Kevin Mischnick (Chief Compliance Officer, Managing Director, And Cfo) no longer on Schedule A of A•• W••••• M••••••••• (listed 2022-01-14, absent 2022-03-13)Mar 13, 2022 · Control person left · inference
- Ray C••••••••• C•••••• (Chief Compliance Officer, Director Of Operations, Chief Of Staff) appeared on Schedule A of A•• W••••• M•••••••••Mar 13, 2022 · Control person joined · fact
- A•• W••••• M••••••••• filed its initial SEC registration (Form ADV)Dec 11, 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
- i•••@a•••••••••.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 512-660-5703reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/ark-financial-group-llcreportedpublic record, Form ADV, Sep 18, 2026
- Website
- a•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 512-660-5703reportedpublic record, Form ADV, Jul 16, 2026
- Contact form
- a•••••••••.comreportedpublished by the firm, firm site, Sep 16, 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
- $54.0Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026