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

B•• W••••• S••••••••• L••

Independent wealth managerDallas, TexasCRD 319185SEC 801-130638IAPD
Latest filing Mar 25, 2026
First filing on the tape Jun 7, 2024 · 7 filings
SEC status approved since Jul 5, 2024
RAUM
$145M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
100%
$145M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$145M
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
7 filings and snapshots on the tape
RAUM$145M as of Mar 25, 2026
Mar 25, 2025$150M then
HNW client RAUM$90.0M as of Mar 25, 2026
Mar 25, 2025$95.0M then
State-registered IARs (5.B.3)1 as of Mar 25, 2026
Mar 25, 20251 then
Employees (5.A)1 as of Mar 25, 2026
Mar 25, 20251 then
Private funds: no history
RAUM -3.3% over the last fiscal yearIARs 1 to 1
Practice profile
derived from the filing of Mar 25, 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$145MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
230derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.2MderivedHNW RAUM over HNW clients
Average account
$263,636derivedRAUM over accounts (5.F.2.f)
Discretionary
98%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
-3.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.0%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Wrap fee program
$145MreportedItem 5.I
Custody
$48.0M, 31 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$90.0M62%
  • Individuals$55.0M38%
Individual clients
156reported
HNW clients
74reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
550reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$48.0M for 31 clientsreported
Compensation
% of AUMreported
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
J•••• P••• C••••••••Certified Financial PlannerDallas, TxMar 15, 202320 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
Left, latest
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • C••••••••• J••••• P••• · Ceo & Ccocontrol
      since 03/2021 · owns less than 5%
    • I•••••• E•••• P• · General Partnercontrol
      since 08/2015 · owns 25% to 50% of B••• F•••••• I•••••• L••
    • S••••••• D••••• E• · General Partnercontrol
      since 08/2015 · owns 25% to 50% of B••• F•••••• I•••••• L••
    • V••••• S•••••• G• · General Partnercontrol
      since 01/2018 · owns 25% to 50% of B••• F•••••• I•••••• L••
    Entity owners
    • B••• F•••••• I•••••• L•• · Managing Member
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    • B••• F•••••• I•••••• L••
      insurancey
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 631 to 550
      Sep 26, 2025 to Mar 25, 2026
    • Corporate clients · 9 to 0
      Sep 26, 2025 to Mar 25, 2026
    • HNW clients · 65 to 74
      Sep 26, 2025 to Mar 25, 2026
    • Individual clients · 140 to 156
      Sep 26, 2025 to Mar 25, 2026
    • Assets in custody · $42.0M to $48.0M
      Sep 26, 2025 to Mar 25, 2026
    • Discretionary RAUM · $145M to $142M
      Sep 26, 2025 to Mar 25, 2026
    • HNW RAUM · $69.0M to $90.0M
      Sep 26, 2025 to Mar 25, 2026
    • Individual RAUM · $53.0M to $55.0M
      Sep 26, 2025 to Mar 25, 2026
    • RAUM · $148M to $145M
      Sep 26, 2025 to Mar 25, 2026
    • Assets in custody · unset to 42000000.0
      Jul 7, 2025 to Sep 26, 2025
    • Custody of client assets · false to true
      Jul 7, 2025 to Sep 26, 2025
    • Accounts · 567 to 631
      Mar 25, 2025 to Jul 7, 2025
    • Corporate clients · unset to 9.0
      Mar 25, 2025 to Jul 7, 2025
    • HNW clients · 75 to 65
      Mar 25, 2025 to Jul 7, 2025
    • Individual clients · 155 to 140
      Mar 25, 2025 to Jul 7, 2025
    • Financial planning clients · unset to
      Mar 25, 2025 to Jul 7, 2025
    • Discretionary RAUM · $148M to $145M
      Mar 25, 2025 to Jul 7, 2025
    • HNW RAUM · $95.0M to $69.0M
      Mar 25, 2025 to Jul 7, 2025
    • Individual RAUM · $55.0M to $53.0M
      Mar 25, 2025 to Jul 7, 2025
    • Non-discretionary RAUM · $2.0M to $3.0M
      Mar 25, 2025 to Jul 7, 2025
    • RAUM · $150M to $148M
      Mar 25, 2025 to Jul 7, 2025
    • Accounts · 550 to 567
      Aug 5, 2024 to Mar 25, 2025
    • BD registered reps · 1 to 0
      Aug 5, 2024 to Mar 25, 2025
    • Individual clients · 150 to 155
      Aug 5, 2024 to Mar 25, 2025
    • Discretionary RAUM · $123M to $148M
      Aug 5, 2024 to Mar 25, 2025
    • HNW RAUM · $75.0M to $95.0M
      Aug 5, 2024 to Mar 25, 2025
    • Individual RAUM · $50.0M to $55.0M
      Aug 5, 2024 to Mar 25, 2025
    • RAUM · $125M to $150M
      Aug 5, 2024 to Mar 25, 2025
    Signals
    1 dated events
    • B•• W••••• S••••••••• L•• filed its initial SEC registration (Form ADV)
      Jun 7, 2024 · 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
    Principal office phone
    469-646-0429reportedpublic record, Form ADV, Mar 25, 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
    $145Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026