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

I••• W••••• P•••••••

Independent wealth managerHouston, TexasCRD 319609SEC 801-125893websiteIAPD
Legal name I••• W••••• A•••••••• L••
Latest filing Apr 9, 2026
First filing on the tape May 16, 2022 · 14 filings
SEC status approved since Jun 21, 2022
RAUM
$2.6B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$2.5B individuals and HNW
Advisors
18
registered through the firm on IAPD
RAUM per advisor
$143M
derived; firm RAUM over IAPD count
Employees
22
15 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$2.6B as of Apr 9, 2026
Mar 30, 2023$1.8B then
HNW client RAUM$2.4B as of Apr 9, 2026
Mar 30, 2023$1.6B then
State-registered IARs (5.B.3)15 as of Apr 9, 2026
Mar 30, 202315 then
Employees (5.A)22 as of Apr 9, 2026
Mar 30, 202319 then
Private funds: no history
RAUM +14% over the last fiscal year+14% a year over threeIARs 16 to 15
Practice profile
derived from the filing of Apr 9, 2026; every figure names its basis
Archetypes, each a printed rule
  • PE backed · a Schedule A entity owner at 25 percent or more whose exact legal name is a PE fund vehicle or a classified PE sponsor on the DFX private equity graph
RAUM per advisor
$143MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
34derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$7.0MderivedHNW RAUM over HNW clients
Average account
$621,044derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
9.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+14%derivedbetween the last two annual amendments
Advisor growth, one year
-6.3%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.6%derived
Compensation
percentage of assets, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, otherreportedItem 5.G
Custody
$490M, 244 clientsreportedItem 9.A
Ownership
a PE fund or sponsor is a 25 percent or greater owner 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)
  • controlled by a public reporting company (10.A)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.4B93%
  • Individuals$103M4.0%
  • Charitable organizations$48.2M1.9%
  • Corporations and businesses$30.8M1.2%
Individual clients
276reported
HNW clients
341reported
Pension plan clients
n/areported
Charitable clients
6reported
Accounts
4,150reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
$490M for 244 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.02 related_bd=true related_bank=true bd_reps=8.0 bank_owner=falsederived
Advisors registered through the firm
18 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R•••••• M•••••Certified Financial PlannerHouston, TxAug 1, 202229 y2
J••• C•••• T•••••Houston, TxAug 1, 202219 y1
S•••••• T••••• S•••••••••Houston, TxAug 1, 202218 y3
B••••• H••••• M••••Houston, TxAug 1, 202214 y2
A•••••• K••••••• M•••••••Houston, TxAug 1, 202211 y2
J••• W•••• W•••••Houston, TxAug 1, 202211 y1
M••• B•••• M••••••Houston, TxAug 1, 202232 y3
J•••• A••• P•••••Houston, TxAug 1, 202220 y2
B••••• P•••••••••Houston, TxAug 2, 202216 y2
B•••• A••••• P••••Houston, TxAug 2, 202242 y4
D••••• R••• S••••••••Certified Financial PlannerHouston, TxAug 2, 202245 y4
J••••••• M•••• M••••Houston, TxAug 2, 202219 y3
M•••••• J••••• C•••••Houston, TxAug 5, 202224 y3
K••• R••• B•••••••••Houston, TxJan 24, 202412 y0
S••••• M•••••• N••••••Certified Financial PlannerHouston, TxSep 9, 202412 y3
P•••••• S•••• I••••••Houston, TxMay 8, 202512 y0
M•••• P•••• D• L••• V••••Houston, TxFeb 2, 202613 y1
R••••• C•••••••• M•••••Houston, TxMay 14, 202610 y0
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
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
    • A•••••• A••• S••••••••• · Chief Compliance Officercontrol
      since 03/2022 · owns less than 5%
    • M••••••• M•••• B•••• · Founder And Managing Partnercontrol
      since 03/2022 · owns less than 5%
    • M••••• B•••••• H••••• · Managing Partnercontrol
      since 03/2022 · owns less than 5%
    • P•••••• J••••• A••• · Managing Partnercontrol
      since 03/2022 · owns less than 5%
    • P••••• B••••• A••••• · Founder And Managing Partnercontrol
      since 03/2022 · owns less than 5%
    • S••••••••• S••••••• T••••• · Founder And Managing Partnercontrol
      since 03/2022 · owns less than 5%
    Entity owners
    • F•••• O••••••••• L•• · Member (Manager)
      direct · owns 75% or more
    • C••• F•••••••• C••••••••• L••• · Partner
      indirect · owns 25% to 50% of C••• F•••••••• H•••••••• L•••
    • C••• F•••••••• H•••••••• L••• · Partner
      indirect · owns 50% to 75% of F•••••••• F•• U••••••• H•••••••• L•
    • C••••••• D••••••• • R••• F••• X••• L••• · Partner
      indirect · owns 50% to 75% of C••• F•••••••• H•••••••• L•••
    • F•••••••• F•• A••••••••• L•• · Shareholder Class A Common Stock
      indirect · owns 75% or more of F•••• F•••••••• P••••••• I•••
    • F•••••••• F•• I••••••••• H•••••••• L•• · Member
      indirect · owns 75% or more of F•••••••• F•• A••••••••• L••
    • F•••••••• F•• P•••••• I••• · Member
      indirect · owns 75% or more of F•••••••• F•• I••••••••• H•••••••• L••
    • F•••••••• F•• U••••••• H•••••••• L• · Shareholder Class B Common Stock
      indirect · owns 75% or more of F•••• F•••••••• P••••••• I•••
    • F•••••••• F•• U••••••• H•••••••• L• · Shareholder
      indirect · owns 75% or more of F•••••••• F•• P•••••• I•••
    • F•••• F•••••••• P••••••• I••• · Member
      indirect · owns 75% or more of F•••• F•••••••• P•••••••• L••
    • F•••• F•••••••• P•••••••• L•• · Member
      indirect · owns 75% or more of F•••• O••••••••• L••
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Houston, Tx · principal1820
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 4,238 to 4,150
      Jan 29, 2026 to Mar 31, 2026
    • Advisory employees · 16 to 15
      Jan 29, 2026 to Mar 31, 2026
    • Charity clients · unset to 6.0
      Jan 29, 2026 to Mar 31, 2026
    • Corporate clients · 5 to 6
      Jan 29, 2026 to Mar 31, 2026
    • HNW clients · 295 to 341
      Jan 29, 2026 to Mar 31, 2026
    • Individual clients · 273 to 276
      Jan 29, 2026 to Mar 31, 2026
    • Assets in custody · $543M to $490M
      Jan 29, 2026 to Mar 31, 2026
    • State-registered IARs · 16 to 15
      Jan 29, 2026 to Mar 31, 2026
    • Discretionary RAUM · $2.3B to $2.6B
      Jan 29, 2026 to Mar 31, 2026
    • HNW RAUM · $2.1B to $2.4B
      Jan 29, 2026 to Mar 31, 2026
    • Individual RAUM · $94.9M to $103M
      Jan 29, 2026 to Mar 31, 2026
    • RAUM · $2.3B to $2.6B
      Jan 29, 2026 to Mar 31, 2026
    • Accounts · 3,998 to 4,238
      Apr 25, 2024 to Mar 21, 2025
    • Advisory employees · 15 to 16
      Apr 25, 2024 to Mar 21, 2025
    • BD registered reps · 12 to 8
      Apr 25, 2024 to Mar 21, 2025
    • Corporate clients · 6 to 5
      Apr 25, 2024 to Mar 21, 2025
    • HNW clients · 252 to 295
      Apr 25, 2024 to Mar 21, 2025
    • Individual clients · 245 to 273
      Apr 25, 2024 to Mar 21, 2025
    • Assets in custody · $521M to $543M
      Apr 25, 2024 to Mar 21, 2025
    • Employees · 21 to 22
      Apr 25, 2024 to Mar 21, 2025
    • Financial planning clients · 26-50 to 26-50
      Apr 25, 2024 to Mar 21, 2025
    • State-registered IARs · 15 to 16
      Apr 25, 2024 to Mar 21, 2025
    • Discretionary RAUM · $1.9B to $2.3B
      Apr 25, 2024 to Mar 21, 2025
    • HNW RAUM · $1.7B to $2.1B
      Apr 25, 2024 to Mar 21, 2025
    • Individual RAUM · $90.5M to $94.9M
      Apr 25, 2024 to Mar 21, 2025
    • RAUM · $1.9B to $2.3B
      Apr 25, 2024 to Mar 21, 2025
    • Related insurance company · false to true
      Apr 25, 2024 to Mar 21, 2025
    • Accounts · 3,318 to 3,998
      Sep 26, 2023 to Mar 28, 2024
    • Corporate clients · 5 to 6
      Sep 26, 2023 to Mar 28, 2024
    • HNW clients · 243 to 252
      Sep 26, 2023 to Mar 28, 2024
    • Individual clients · 248 to 245
      Sep 26, 2023 to Mar 28, 2024
    • Assets in custody · $474M to $521M
      Sep 26, 2023 to Mar 28, 2024
    • Employees · 19 to 21
      Sep 26, 2023 to Mar 28, 2024
    • Other offices · 0 to 1
      Sep 26, 2023 to Mar 28, 2024
    • Discretionary RAUM · $1.8B to $1.9B
      Sep 26, 2023 to Mar 28, 2024
    • HNW RAUM · $1.6B to $1.7B
      Sep 26, 2023 to Mar 28, 2024
    • Individual RAUM · $101M to $90.5M
      Sep 26, 2023 to Mar 28, 2024
    • RAUM · $1.8B to $1.9B
      Sep 26, 2023 to Mar 28, 2024
    • Accounts · 3,178 to 3,318
      Dec 5, 2022 to Mar 30, 2023
    • BD registered reps · 15 to 12
      Dec 5, 2022 to Mar 30, 2023
    Signals
    2 dated events
    • I••• W••••• P•••••••• L••'s advisors moved to I••• W••••• P••••••• (Houston, TX): 13 of 13 registered, on the same day
      Aug 1, 2022 · Firm absorbed (people side) · derived
    • I••• W••••• P••••••• filed its initial SEC registration (Form ADV)
      May 16, 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
    Business phone
    561-200-2070reportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    415-900-3871reportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    512-498-7080reportedpublished by the firm, firm site, Sep 17, 2026
    Firm profile
    LINKEDIN.COM/COMPANY/16197639reportedpublic record, Form ADV, Sep 18, 2026
    Firm profile
    linkedin.com/company/focus-financial-partnersreportedpublic record, Form ADV, Sep 18, 2026
    Website
    focusfinancialpartners.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    713-904-5020reportedpublic record, Form ADV, Apr 9, 2026
    Contact form
    corporate.focuspartners.com/contact-usreportedpublished by the firm, firm site, Sep 17, 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
    $143Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026