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

Five Pine Wealth

Independent wealth managerCoeur D'Alene, IdahoCRD 317657SEC 801-129131websiteIAPD
Legal name Five Pine Wealth Management Inc.
Latest filing Feb 9, 2026
First filing on the tape Oct 31, 2023 · 7 filings
SEC status approved since Dec 1, 2023
RAUM
$192M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
98%
$188M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$63.9M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$192M as of Feb 9, 2026
Jan 19, 2024$112M then
HNW client RAUM$99.0M as of Feb 9, 2026
Jan 19, 2024$57.8M then
State-registered IARs (5.B.3)3 as of Feb 9, 2026
Jan 19, 20243 then
Employees (5.A)3 as of Feb 9, 2026
Jan 19, 20245 then
Private funds: no history
RAUM +26% over the last fiscal yearIARs 3 to 3
Practice profile
derived from the filing of Feb 9, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$63.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
115derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$199,741derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
2.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+26%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.2%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, educational seminarsreportedItem 5.G
Custody
$47.1M, 117 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$99.0M52%
  • Individuals$88.7M46%
  • Pension and profit-sharing plans$4.0M2.1%
Individual clients
296reported
HNW clients
49reported
Pension plan clients
5reported
Charitable clients
0reported
Accounts
960reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$47.1M for 117 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Benjamin Edward HolzhauserCoeur D'Alene, IdJan 14, 202212 y1
Jeremy Daniel MorrisCoeur D'Alene, IdJan 14, 202225 y1
Hunter William SchertzCoeur D'Alene, IdAug 15, 202214 y0
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
none on the tape
    Joined, latest
    Teams: two or more advisors moving together within fourteen days, from one state
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Edward Benjamin Holzhauser · President, Cco, Shareholdercontrol
        since 01/2021 · owns 50% to 75%
      • Daniel Jeremy Morris · Vice President, Shareholdercontrol
        since 01/2021 · owns 50% to 75%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Coeur Dalene, Id300
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 902 to 960
        May 8, 2025 to Feb 9, 2026
      • HNW clients · 37 to 49
        May 8, 2025 to Feb 9, 2026
      • Individual clients · 294 to 296
        May 8, 2025 to Feb 9, 2026
      • Pension plan clients · unset to 5.0
        May 8, 2025 to Feb 9, 2026
      • Assets in custody · $775,000 to $47.1M
        May 8, 2025 to Feb 9, 2026
      • Employees · 5 to 3
        May 8, 2025 to Feb 9, 2026
      • Discretionary RAUM · $149M to $188M
        May 8, 2025 to Feb 9, 2026
      • HNW RAUM · $69.0M to $99.0M
        May 8, 2025 to Feb 9, 2026
      • Individual RAUM · $80.0M to $88.7M
        May 8, 2025 to Feb 9, 2026
      • Non-discretionary RAUM · $3.4M to $4.0M
        May 8, 2025 to Feb 9, 2026
      • Pension RAUM · $3.4M to $4.0M
        May 8, 2025 to Feb 9, 2026
      • RAUM · $152M to $192M
        May 8, 2025 to Feb 9, 2026
      • Employees · 6 to 5
        Mar 14, 2025 to May 8, 2025
      • Financial planning clients · 1-10 to 1-10
        Mar 14, 2025 to May 8, 2025
      • Accounts · 342 to 902
        Jul 22, 2024 to Mar 14, 2025
      • HNW clients · 35 to 37
        Jul 22, 2024 to Mar 14, 2025
      • Individual clients · 303 to 294
        Jul 22, 2024 to Mar 14, 2025
      • Assets in custody · $32.7M to $775,000
        Jul 22, 2024 to Mar 14, 2025
      • Employees · 5 to 6
        Jul 22, 2024 to Mar 14, 2025
      • Financial planning clients · 251-500 to 1-10
        Jul 22, 2024 to Mar 14, 2025
      • Discretionary RAUM · $128M to $149M
        Jul 22, 2024 to Mar 14, 2025
      • HNW RAUM · $59.3M to $69.0M
        Jul 22, 2024 to Mar 14, 2025
      • Individual RAUM · $68.5M to $80.0M
        Jul 22, 2024 to Mar 14, 2025
      • Non-discretionary RAUM · $3.0M to $3.4M
        Jul 22, 2024 to Mar 14, 2025
      • Pension RAUM · $3.0M to $3.4M
        Jul 22, 2024 to Mar 14, 2025
      • RAUM · $131M to $152M
        Jul 22, 2024 to Mar 14, 2025
      • Accounts · 350 to 342
        Jan 19, 2024 to Jul 22, 2024
      • Charity clients · unset to 0.0
        Jan 19, 2024 to Jul 22, 2024
      • Corporate clients · unset to 0.0
        Jan 19, 2024 to Jul 22, 2024
      • HNW clients · 39 to 35
        Jan 19, 2024 to Jul 22, 2024
      • Individual clients · 307 to 303
        Jan 19, 2024 to Jul 22, 2024
      • Pension plan clients · 4.0 to unset
        Jan 19, 2024 to Jul 22, 2024
      • Pooled vehicle clients · unset to 0.0
        Jan 19, 2024 to Jul 22, 2024
      • Assets in custody · $600,000 to $32.7M
        Jan 19, 2024 to Jul 22, 2024
      • Discretionary RAUM · $110M to $128M
        Jan 19, 2024 to Jul 22, 2024
      • HNW RAUM · $57.8M to $59.3M
        Jan 19, 2024 to Jul 22, 2024
      • Individual RAUM · $51.9M to $68.5M
        Jan 19, 2024 to Jul 22, 2024
      • Non-discretionary RAUM · $2.5M to $3.0M
        Jan 19, 2024 to Jul 22, 2024
      • Pension RAUM · $2.5M to $3.0M
        Jan 19, 2024 to Jul 22, 2024
      • Pooled vehicle RAUM · unset to 0.0
        Jan 19, 2024 to Jul 22, 2024
      Signals
      2 dated events
      • Five Pine Wealth filed its initial SEC registration (Form ADV)
        Oct 31, 2023 · First SEC registration · fact
      • 2 advisors left Centaurus Financial, Inc. (Hayden, ID) for Five Pine Wealth on the same day
        Jan 19, 2022 · Team lift-out · derived
      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
      adrienne@fivepinewealth.comreportedpublished by the firm, firm site, Sep 16, 2026
      Business email
      ben@fivepinewealth.comreportedpublished by the firm, firm site, Sep 16, 2026
      Business email
      kessa@fivepinewealth.comreportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      555-555-5555reportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      877-333-1015reportedpublished by the firm, firm site, Sep 16, 2026
      Firm profile
      linkedin.com/company/five-pine-wealth-managementreportedpublic record, Form ADV, Sep 17, 2026
      Website
      fivepinewealth.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      (877) 333-1015reportedpublic record, Form ADV, Feb 9, 2026
      Contact form
      fivepinewealth.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
      Team page
      fivepinewealth.com/teamreportedpublished 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
      $63.9Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026