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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Former SEC-registered adviser

T••• V••••• F•••••••• A•••••••

Former SEC-registered adviserWoodbury, MinnesotaCRD 322783SEC 801-126424websiteIAPD
Legal name T••• V••••• M• L••
Latest filing Feb 17, 2026
First filing on the tape Jul 21, 2022 · 18 filings
SEC status approved since Aug 19, 2022
RAUM
$272M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$272M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
9
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$272M as of Feb 17, 2026
Mar 14, 2023$168M then
HNW client RAUM$159M as of Feb 17, 2026
Mar 14, 2023$106M then
State-registered IARs (5.B.3)3 as of Feb 17, 2026
Mar 14, 20232 then
Employees (5.A)9 as of Feb 17, 2026
Mar 14, 20234 then
Private funds: no history
RAUM +16% over the last fiscal year+17% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Feb 17, 2026; every figure names its basis
RAUM per advisor
$90.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
122derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.9MderivedHNW RAUM over HNW clients
Average account
$230,293derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.5%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Wrap fee program
$272MreportedItem 5.I
Custody
$91.4M, 135 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$159M58%
  • Individuals$113M42%
Individual clients
283reported
HNW clients
84reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,180reported
Financial planning clients
11-25reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$91.4M for 135 clientsreported
Compensation
% of AUM, fixed, hourlyreported
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
4 left, 0 joined in 12 months
net -4 in 12 months4 left in 90 days0 joined in 90 days4 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
    • P••••••••• D••••• W•••••• · Founder And Chief Compliance Officercontrol
      since 07/2022 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Wayzata, Mn001
    Woodbury, Mn · principal0031
    Offices
    Schedule D 1.F, the 25 largest
    • Wayzata, MN1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 1,121 to 1,180
      Feb 14, 2025 to Feb 17, 2026
    • HNW clients · 117 to 84
      Feb 14, 2025 to Feb 17, 2026
    • Individual clients · 241 to 283
      Feb 14, 2025 to Feb 17, 2026
    • Assets in custody · $58.9M to $91.4M
      Feb 14, 2025 to Feb 17, 2026
    • Employees · 6 to 9
      Feb 14, 2025 to Feb 17, 2026
    • Discretionary RAUM · $234M to $272M
      Feb 14, 2025 to Feb 17, 2026
    • HNW RAUM · $179M to $159M
      Feb 14, 2025 to Feb 17, 2026
    • Individual RAUM · $55.2M to $113M
      Feb 14, 2025 to Feb 17, 2026
    • RAUM · $234M to $272M
      Feb 14, 2025 to Feb 17, 2026
    • Accounts · 1,022 to 1,121
      Jan 27, 2025 to Feb 14, 2025
    • HNW clients · 56 to 117
      Jan 27, 2025 to Feb 14, 2025
    • Individual clients · 298 to 241
      Jan 27, 2025 to Feb 14, 2025
    • Assets in custody · $121M to $58.9M
      Jan 27, 2025 to Feb 14, 2025
    • Financial planning clients · 101-250 to 11-25
      Jan 27, 2025 to Feb 14, 2025
    • Discretionary RAUM · $200M to $234M
      Jan 27, 2025 to Feb 14, 2025
    • HNW RAUM · $98.8M to $179M
      Jan 27, 2025 to Feb 14, 2025
    • Individual RAUM · $101M to $55.2M
      Jan 27, 2025 to Feb 14, 2025
    • RAUM · $200M to $234M
      Jan 27, 2025 to Feb 14, 2025
    • Other offices · 0 to 1
      Apr 12, 2024 to Jun 17, 2024
    • Accounts · 930 to 1,022
      Nov 2, 2023 to Jan 31, 2024
    • Advisory employees · 2 to 3
      Nov 2, 2023 to Jan 31, 2024
    • HNW clients · 79 to 56
      Nov 2, 2023 to Jan 31, 2024
    • Individual clients · 240 to 298
      Nov 2, 2023 to Jan 31, 2024
    • Assets in custody · $89.2M to $121M
      Nov 2, 2023 to Jan 31, 2024
    • Employees · 4 to 6
      Nov 2, 2023 to Jan 31, 2024
    • State-registered IARs · 2 to 3
      Nov 2, 2023 to Jan 31, 2024
    • Other offices · 1 to 0
      Nov 2, 2023 to Jan 31, 2024
    • Discretionary RAUM · $168M to $200M
      Nov 2, 2023 to Jan 31, 2024
    • HNW RAUM · $106M to $98.8M
      Nov 2, 2023 to Jan 31, 2024
    • Individual RAUM · $62.3M to $101M
      Nov 2, 2023 to Jan 31, 2024
    • RAUM · $168M to $200M
      Nov 2, 2023 to Jan 31, 2024
    • Accounts · 907 to 930
      Dec 20, 2022 to Mar 14, 2023
    • Advisory activities · 2 to 3
      Dec 20, 2022 to Mar 14, 2023
    • HNW clients · 39 to 79
      Dec 20, 2022 to Mar 14, 2023
    • Individual clients · 257 to 240
      Dec 20, 2022 to Mar 14, 2023
    • Assets in custody · unset to 89211616.0
      Dec 20, 2022 to Mar 14, 2023
    • Custody of client assets · false to true
      Dec 20, 2022 to Mar 14, 2023
    • Financial planning clients · unset to 101-250
      Dec 20, 2022 to Mar 14, 2023
    • Discretionary RAUM · $149M to $168M
      Dec 20, 2022 to Mar 14, 2023
    • HNW RAUM · $65.1M to $106M
      Dec 20, 2022 to Mar 14, 2023
    Signals
    7 dated events
    • T••• V••••• F•••••••• A••••••• no longer on the SEC adviser roster (last listed 2026-08-03, RAUM $271.7M)
      Sep 1, 2026 · Left the SEC roster · derived
    • S••••••• M•••••• P••••••••• left T••• V••••• F•••••••• A••••••• for L•• F•••••••• L•• (registered 2026-05-04)
      Aug 20, 2026 · Advisor changed firm · fact
    • N••••• A••••• P••••• left T••• V••••• F•••••••• A••••••• for L•• F•••••••• L•• (registered 2026-05-04)
      Jul 2, 2026 · Advisor changed firm · fact
    • D•••• W•••••• P••••••••• left T••• V••••• F•••••••• A••••••• for L•• F•••••••• L•• (registered 2026-04-24)
      Jul 2, 2026 · Advisor changed firm · fact
    • 2 advisors left T••• V••••• F•••••••• A••••••• (Woodbury, MN) for L•• F•••••••• L•• on the same day
      Jul 2, 2026 · Team lift-out · derived
    • C•••••••• M••••••• T••••• left T••• V••••• F•••••••• A••••••• for C•• F•••••••• (registered 2026-05-08)
      Jun 30, 2026 · Advisor changed firm · fact
    • T••• V••••• F•••••••• A••••••• filed its initial SEC registration (Form ADV)
      Jul 21, 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