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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

Former SEC-registered adviser

L••••••• W••••• M••••••••• G••••

Former SEC-registered adviserLake Elmo, MinnesotaCRD 322210SEC 801-125975IAPD
Legal name L•••• L••
Latest filing Jul 25, 2024
First filing on the tape May 27, 2022 · 13 filings
RAUM
$824M
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
98%
$810M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
40
12 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$824M as of Mar 21, 2024
Mar 23, 2023$717M then
HNW client RAUM$435M as of Mar 21, 2024
Mar 23, 2023$320M then
State-registered IARs (5.B.3)12 as of Mar 21, 2024
Mar 23, 202314 then
Employees (5.A)40 as of Mar 21, 2024
Mar 23, 202328 then
Private funds: no history
RAUM +15% over the last fiscal yearIARs 14 to 12offices 3 to 4
Practice profile
derived from the filing of Jul 25, 2024; every figure names its basis
RAUM per advisor
$68.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
107derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$283,881derivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.3derivedItem 5.A over advisors
Advisors per office
2.4derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
-14%derivedItem 5.B.3 between annual amendments
Client growth, one year
-24%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$103M, 224 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$435M53%
  • Individuals$375M45%
  • Corporations and businesses$13.4M1.6%
  • Charitable organizations$1.5M0.2%
Individual clients
1,027reported
HNW clients
259reported
Pension plan clients
n/areported
Charitable clients
5reported
Accounts
2,904reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$103M for 224 clientsreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • G••••••••• T•••• S••••••• · Membercontrol
    since 08/2022 · owns 25% to 50%
  • T•••••••• G•••• A••••• · Managing Membercontrol
    since 08/2022 · owns 25% to 50%
  • B•••••••• J•••••••• L•• · Member
    since 08/2022 · owns 10% to 25%
  • B••••••• C•••• D•••• · Member
    since 08/2022 · owns 10% to 25%
  • G••••••• S••••• A•• · Chief Compliance Officer
    since 10/2023 · owns less than 5%
  • N••••••• B••••• T••••• · Member
    since 08/2022 · owns 5% to 10%
  • S••••• T•••••• M••• · Member
    since 08/2022 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Fort Myers, Fl000
Hudson, Wi000
Lake Elmo, Mn · principal000
San Jose, Ca000
Offices
Schedule D 1.F, the 25 largest
  • San Jose, CA7 employees
  • Hudson, WI5 employees
  • Farmington, MN2 employees
  • , 1 employees
What changed
consecutive filings, newest first
  • Other offices · 3 to 4
    May 8, 2024 to Jul 25, 2024
  • Accounts · 2,655 to 2,904
    Jan 20, 2024 to Mar 21, 2024
  • Advisory employees · 14 to 12
    Jan 20, 2024 to Mar 21, 2024
  • Advisory activities · 4 to 3
    Jan 20, 2024 to Mar 21, 2024
  • BD registered reps · 14 to 10
    Jan 20, 2024 to Mar 21, 2024
  • Charity clients · 1 to 5
    Jan 20, 2024 to Mar 21, 2024
  • Corporate clients · 15 to 7
    Jan 20, 2024 to Mar 21, 2024
  • HNW clients · 235 to 259
    Jan 20, 2024 to Mar 21, 2024
  • Individual clients · 1,456 to 1,027
    Jan 20, 2024 to Mar 21, 2024
  • Assets in custody · unset to 102734881.0
    Jan 20, 2024 to Mar 21, 2024
  • Custody of client assets · false to true
    Jan 20, 2024 to Mar 21, 2024
  • Employees · 28 to 40
    Jan 20, 2024 to Mar 21, 2024
  • State-registered IARs · 14 to 12
    Jan 20, 2024 to Mar 21, 2024
  • Discretionary RAUM · $686M to $794M
    Jan 20, 2024 to Mar 21, 2024
  • HNW RAUM · $320M to $435M
    Jan 20, 2024 to Mar 21, 2024
  • Individual RAUM · $386M to $375M
    Jan 20, 2024 to Mar 21, 2024
  • Non-discretionary RAUM · $31.2M to $30.4M
    Jan 20, 2024 to Mar 21, 2024
  • RAUM · $717M to $824M
    Jan 20, 2024 to Mar 21, 2024
  • Accounts · 2,699 to 2,655
    Jan 24, 2023 to Mar 23, 2023
  • Advisory activities · 3 to 4
    Jan 24, 2023 to Mar 23, 2023
  • Corporate clients · 14 to 15
    Jan 24, 2023 to Mar 23, 2023
  • HNW clients · 341 to 235
    Jan 24, 2023 to Mar 23, 2023
  • Individual clients · 1,481 to 1,456
    Jan 24, 2023 to Mar 23, 2023
  • Employees · 14 to 28
    Jan 24, 2023 to Mar 23, 2023
  • Discretionary RAUM · $675M to $686M
    Jan 24, 2023 to Mar 23, 2023
  • HNW RAUM · $294M to $320M
    Jan 24, 2023 to Mar 23, 2023
  • Individual RAUM · $383M to $386M
    Jan 24, 2023 to Mar 23, 2023
  • Non-discretionary RAUM · $12.8M to $31.2M
    Jan 24, 2023 to Mar 23, 2023
  • RAUM · $688M to $717M
    Jan 24, 2023 to Mar 23, 2023
  • Accounts · 0 to 2,699
    Aug 1, 2022 to Oct 20, 2022
  • Business name · L•••• L•• to L••••••• W••••• M••••••••• G••••
    Aug 1, 2022 to Oct 20, 2022
  • Charity clients · unset to 1.0
    Aug 1, 2022 to Oct 20, 2022
  • Corporate clients · unset to 14.0
    Aug 1, 2022 to Oct 20, 2022
  • HNW clients · unset to 341.0
    Aug 1, 2022 to Oct 20, 2022
  • Individual clients · unset to 1481.0
    Aug 1, 2022 to Oct 20, 2022
  • Financial planning clients · 0 to 51-100
    Aug 1, 2022 to Oct 20, 2022
  • Discretionary RAUM · $0 to $675M
    Aug 1, 2022 to Oct 20, 2022
  • HNW RAUM · unset to 294329242.0
    Aug 1, 2022 to Oct 20, 2022
  • Individual RAUM · unset to 383071588.0
    Aug 1, 2022 to Oct 20, 2022
  • Non-discretionary RAUM · $0 to $12.8M
    Aug 1, 2022 to Oct 20, 2022
Signals
29 dated events
  • J••••••• L•• B••••••• left L••••••• W••••• M••••••••• G•••• for B••••• P••••• A•••••••• L•• (registered 2024-10-30)
    Nov 14, 2024 · a•••••• firm change · fact
  • T••••• M••• S•••• left L••••••• W••••• M••••••••• G•••• for B••••• P••••• A•••••••• L•• (registered 2024-10-25)
    Nov 14, 2024 · a•••••• firm change · fact
  • K••• M•••••• H••••• left L••••••• W••••• M••••••••• G•••• for B••••• P••••• A•••••••• L•• (registered 2024-10-23)
    Nov 14, 2024 · a•••••• firm change · fact
  • R••• A•••••• T•••••• left L••••••• W••••• M••••••••• G•••• for B••••• P••••• A•••••••• L•• (registered 2024-10-23)
    Nov 14, 2024 · a•••••• firm change · fact
  • L••• N••••• B••••• left L••••••• W••••• M••••••••• G•••• for B••••• P••••• A•••••••• L•• (registered 2024-10-24)
    Nov 14, 2024 · a•••••• firm change · fact
  • J•••• P•••••• G••••••• left L••••••• W••••• M••••••••• G•••• for B••••• P••••• A•••••••• L•• (registered 2025-11-24)
    Nov 14, 2024 · a•••••• firm change · fact
  • C•••••••• E•••••••• J••••• left L••••••• W••••• M••••••••• G•••• for B••••• P••••• A•••••••• L•• (registered 2024-12-03)
    Nov 14, 2024 · a•••••• firm change · fact
  • T••••• R••• M••• left L••••••• W••••• M••••••••• G•••• for B••••• P••••• A•••••••• L•• (registered 2024-10-25)
    Nov 14, 2024 · a•••••• firm change · fact
  • C••• D•••• B•••••• left L••••••• W••••• M••••••••• G•••• for B••••• P••••• A•••••••• L•• (registered 2024-10-24)
    Nov 14, 2024 · a•••••• firm change · fact
  • J••• R••••• M••••••• left L••••••• W••••• M••••••••• G•••• for B••••• P••••• A•••••••• L•• (registered 2024-10-24)
    Nov 14, 2024 · a•••••• firm change · fact
  • J••• T••••• L••• left L••••••• W••••• M••••••••• G•••• for B••••• P••••• A•••••••• L•• (registered 2024-12-06)
    Nov 14, 2024 · a•••••• firm change · fact
  • G••• A••••• T••••••• left L••••••• W••••• M••••••••• G•••• for B••••• P••••• A•••••••• L•• (registered 2025-01-13)
    Nov 14, 2024 · a•••••• firm change · fact
  • B•••• T••••• N•••••• left L••••••• W••••• M••••••••• G•••• for B••••• P••••• A•••••••• L•• (registered 2025-01-01)
    Nov 14, 2024 · a•••••• firm change · fact
  • L••••••• W••••• M••••••••• G••••'s advisors moved to B••••• P••••• A•••••••• L•• (Lake Elmo, MN): 10 of 13 registered, on the same day
    Nov 14, 2024 · Firm absorbed (people side) · derived
  • 2 advisors left L••••••• W••••• M••••••••• G•••• (San Jose, CA) for B••••• P••••• A•••••••• L•• on the same day
    Nov 14, 2024 · Team lift-out · derived
  • Kim Stephanie Bush (Chief Compliance Officer) no longer on Schedule A of L••••••• W••••• M••••••••• G•••• (listed 2024-01-20, absent 2024-03-21)
    Mar 21, 2024 · Control person left · inference
  • C••••••••• J••• F••••• left L••••••• W••••• M••••••••• G•••• for S••••••• F•••••••• S•••••••• I••• (registered 2023-07-19)
    Jul 14, 2023 · a•••••• firm change · fact
  • Kim Stephanie Bush (Chief Compliance Officer) appeared on Schedule A of L••••••• W••••• M••••••••• G••••
    Mar 23, 2023 · Control person joined · fact
  • Richard Bradley Stark (Chief Compliance Officer) no longer on Schedule A of L••••••• W••••• M••••••••• G•••• (listed 2022-10-20, absent 2023-01-24)
    Jan 24, 2023 · Control person left · inference
  • 2 advisors left T••••••• A•••••• N••••••• L•• (Hudson, WI) for L••••••• W••••• M••••••••• G•••• on the same day
    Aug 15, 2022 · Team lift-out · derived
  • 9 advisors left T••••••• A•••••• N••••••• L•• (Minneapolis, MN) for L••••••• W••••• M••••••••• G•••• on the same day
    Aug 15, 2022 · Team lift-out · derived
  • 2 advisors left T••••••• A•••••• N••••••• L•• (San Jose, CA) for L••••••• W••••• M••••••••• G•••• on the same day
    Aug 15, 2022 · Team lift-out · derived
  • G••• A•••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Aug 1, 2022 · Succession (Item 4) · fact
  • L••••••• W••••• M••••••••• G•••• reported 14 state-registered advisory representatives, up from 0 (2022-07-08 to 2022-08-01)
    Aug 1, 2022 · ria a•••••• headcount change · derived
  • Sterling Todd Gillingham (Member) appeared on Schedule A of L••••••• W••••• M••••••••• G••••
    Aug 1, 2022 · Control person joined · fact
  • Arthur Gary Tangwall (Managing Member) appeared on Schedule A of L••••••• W••••• M••••••••• G••••
    Aug 1, 2022 · Control person joined · fact
  • Richard Bradley Stark (Chief Compliance Officer) appeared on Schedule A of L••••••• W••••• M••••••••• G••••
    Aug 1, 2022 · Control person joined · fact
  • Adam Daniel Bernstein (Chief Compliance Officer) no longer on Schedule A of L••••••• W••••• M••••••••• G•••• (listed 2022-07-08, absent 2022-08-01)
    Aug 1, 2022 · Control person left · inference
  • G••• A•••••••• L•• filed its initial SEC registration (Form ADV)
    May 27, 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.
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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026