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•••••• • C•••••• L••

Independent wealth managerGrand Rapids, MichiganCRD 319339SEC 801-132298websiteIAPD
Latest filing Jul 24, 2026
First filing on the tape Mar 3, 2022 · 11 filings
SEC status approved since Mar 31, 2025
RAUM
$130M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
83%
$108M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$64.8M
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
11 filings and snapshots on the tape
RAUM$130M as of Jul 24, 2026
Mar 5, 2025$118M then
HNW client RAUM$68.6M as of Jul 24, 2026
Mar 5, 2025$57.4M then
State-registered IARs (5.B.3)2 as of Jul 24, 2026
Mar 5, 20254 then
Employees (5.A)2 as of Jul 24, 2026
Mar 5, 20254 then
Private funds: no history
RAUM +10% over the last fiscal yearIARs 4 to 2
Practice profile
derived from the filing of Jul 24, 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
$64.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
86derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.6MderivedHNW RAUM over HNW clients
Average account
$459,341derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
17%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+10%derivedbetween the last two annual amendments
Advisor growth, one year
-50%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.2%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, pension consultingreportedItem 5.G
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$68.6M53%
  • Individuals$39.0M30%
  • Charitable organizations$21.9M17%
Individual clients
127reported
HNW clients
44reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
282reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.83 fund_share=0.0 institutional_share=0.17 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
A••• R••••• T••••Grand Rapids, MiSep 26, 202211 y1
B•••• T•••••••Grand Rapids, MiJul 30, 202515 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
  • T••••• A•••• R••••• · Chief Compliance Officercontrol
    since 01/2022 · owns 50% to 75%
  • T•••••••• B•••• · Membercontrol
    since 01/2022 · 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
Grand Rapids, Mi · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • wealth to institutional shiftCombination · filing Mar 31, 2026
    private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $117,727,072 to $129,534,296, advisors 4 to 2, private clients 158 to 171, offices 0 to 0 (2025-03-05 to 2026-03-31)
    peers: independent wealth managers, $100M to $500M (5,678)
  • client mix shiftChange between filings · filing Mar 31, 2026
    private-client share of RAUM moved from 100.0% to 83.0% between the annual amendments of 2025-03-05 and 2026-03-31
    peers: independent wealth managers, $100M to $500M (5,678)
  • institutional asset share shiftChange between filings · filing Mar 31, 2026
    institutional share of RAUM moved from 0.0% to 17.0% between the annual amendments of 2025-03-05 and 2026-03-31
    peers: independent wealth managers, $100M to $500M (5,678)
What changed
consecutive filings, newest first
  • Advisory activities · 1 to 2
    Mar 31, 2026 to Jun 22, 2026
  • Accounts · 262 to 282
    Mar 5, 2025 to Mar 31, 2026
  • Advisory employees · 4 to 2
    Mar 5, 2025 to Mar 31, 2026
  • HNW clients · 41 to 44
    Mar 5, 2025 to Mar 31, 2026
  • Individual clients · 117 to 127
    Mar 5, 2025 to Mar 31, 2026
  • Employees · 4 to 2
    Mar 5, 2025 to Mar 31, 2026
  • Insurance-licensed employees · 4 to 0
    Mar 5, 2025 to Mar 31, 2026
  • State-registered IARs · 4 to 2
    Mar 5, 2025 to Mar 31, 2026
  • Discretionary RAUM · $118M to $130M
    Mar 5, 2025 to Mar 31, 2026
  • HNW RAUM · $57.4M to $68.6M
    Mar 5, 2025 to Mar 31, 2026
  • Individual RAUM · $60.3M to $39.0M
    Mar 5, 2025 to Mar 31, 2026
  • RAUM · $118M to $130M
    Mar 5, 2025 to Mar 31, 2026
  • Accounts · 250 to 262
    Sep 21, 2022 to Mar 5, 2025
  • HNW clients · 31 to 41
    Sep 21, 2022 to Mar 5, 2025
  • Individual clients · 130 to 117
    Sep 21, 2022 to Mar 5, 2025
  • Financial planning clients · 0 to 0
    Sep 21, 2022 to Mar 5, 2025
  • Discretionary RAUM · $85.0M to $118M
    Sep 21, 2022 to Mar 5, 2025
  • HNW RAUM · $31.3M to $57.4M
    Sep 21, 2022 to Mar 5, 2025
  • Individual RAUM · $53.7M to $60.3M
    Sep 21, 2022 to Mar 5, 2025
  • RAUM · $85.0M to $118M
    Sep 21, 2022 to Mar 5, 2025
  • Accounts · 200 to 250
    Jul 3, 2022 to Aug 25, 2022
  • Advisory activities · 3 to 1
    Jul 3, 2022 to Aug 25, 2022
  • Individual clients · 125 to 130
    Jul 3, 2022 to Aug 25, 2022
  • Discretionary RAUM · $80.0M to $85.0M
    Jul 3, 2022 to Aug 25, 2022
  • HNW RAUM · $29.3M to $31.3M
    Jul 3, 2022 to Aug 25, 2022
  • Individual RAUM · $50.7M to $53.7M
    Jul 3, 2022 to Aug 25, 2022
  • RAUM · $80.0M to $85.0M
    Jul 3, 2022 to Aug 25, 2022
  • Accounts · 0 to 200
    Apr 6, 2022 to Jul 3, 2022
  • BD registered reps · 1 to 0
    Apr 6, 2022 to Jul 3, 2022
  • HNW clients · unset to 31.0
    Apr 6, 2022 to Jul 3, 2022
  • Individual clients · unset to 125.0
    Apr 6, 2022 to Jul 3, 2022
  • Discretionary RAUM · $0 to $80.0M
    Apr 6, 2022 to Jul 3, 2022
  • HNW RAUM · unset to 29300000.0
    Apr 6, 2022 to Jul 3, 2022
  • Individual RAUM · unset to 50700000.0
    Apr 6, 2022 to Jul 3, 2022
  • RAUM · $0 to $80.0M
    Apr 6, 2022 to Jul 3, 2022
  • Related adviser · true to false
    Apr 6, 2022 to Jul 3, 2022
  • Related broker-dealer · true to false
    Apr 6, 2022 to Jul 3, 2022
Signals
1 dated events
  • B•••••• • C•••••• L•• filed its initial SEC registration (Form ADV)
    Mar 3, 2022 · 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
Website
b•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
616-430-5105reportedpublic record, Form ADV, Jul 24, 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
$64.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026