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.

SEC-registered adviser

Cannon Wealth Management Services

Independent wealth managerWinston Salem, North CarolinaCRD 323302SEC 801-126703websiteIAPD
Legal name Cannon Wealth Management Services, LLC
Latest filing Apr 30, 2026
First filing on the tape Sep 7, 2022 · 15 filings
SEC status approved since Oct 7, 2022
RAUM
$245M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
81%
$200M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
8
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$245M as of Apr 30, 2026
Mar 29, 2023$147M then
HNW client RAUM$94.0M as of Apr 30, 2026
Mar 29, 2023$72.3M then
State-registered IARs (5.B.3)5 as of Apr 30, 2026
Mar 29, 20235 then
Employees (5.A)8 as of Apr 30, 2026
Mar 29, 202310 then
Private funds: no history
RAUM +15% over the last fiscal year+19% a year over threeIARs 7 to 5
Practice profile
derived from the filing of Apr 30, 2026; every figure names its basis
RAUM per advisor
$49.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
75derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.8MderivedHNW RAUM over HNW clients
Average account
$244,919derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
1.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
2.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
-29%derivedItem 5.B.3 between annual amendments
Client growth, one year
-5.8%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Wrap fee program
$26.7MreportedItem 5.I
Custody
$75.3M, 325 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
  • is an insurance broker or agent (6.A.6)
  • 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
  • Individuals$106M52%
  • High-net-worth individuals$94.0M46%
  • Charitable organizations$2.1M1.0%
  • Pension and profit-sharing plans$993,1950.5%
Individual clients
321reported
HNW clients
53reported
Pension plan clients
1reported
Charitable clients
6reported
Accounts
1,001reported
Financial planning clients
1-10reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$75.3M for 325 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.81 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=4.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
5 left, 0 joined in 12 months
net -5 in 12 months4 left in 90 days0 joined in 90 days6 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
  • 4 left for Farther
    Jul 22, 2026 · Winston Salem, Nc · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Barron William Amburn · Chairmancontrol
    since 11/2000 · owns 25% to 50%
  • David Matthew Hearn · Chief Operating Officercontrol
    since 09/2022 · owns 25% to 50%
  • Charles Joseph Perkins · Chief Financial Officercontrol
    since 09/2022 · owns 25% to 50%
  • Hugh Raymond Wilcox · Chief Executive Officercontrol
    since 09/2022 · owns 25% to 50%
  • Anne Michelle Mccarthy · Chief Compliance Officer
    since 12/2022 · owns less than 5%
Related persons
Schedule D 7.A
  • Joseph Perkins
    insurancen
  • Matthew Hearn
    insurancen
  • William Amburn
    insurancen
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Winston Salem, Nc · principal005
Offices
Schedule D 1.F, the 25 largest
  • King, NC1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • client mix shiftChange between filings · filing Apr 30, 2026
    private-client share of RAUM moved from 98.0% to 81.0% between the annual amendments of 2025-02-14 and 2026-04-30
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 967 to 1,001
    Feb 14, 2025 to Jan 30, 2026
  • Advisory employees · 7 to 5
    Feb 14, 2025 to Jan 30, 2026
  • BD registered reps · 5 to 4
    Feb 14, 2025 to Jan 30, 2026
  • Charity clients · 4 to 6
    Feb 14, 2025 to Jan 30, 2026
  • Corporate clients · 1.0 to unset
    Feb 14, 2025 to Jan 30, 2026
  • HNW clients · 60 to 53
    Feb 14, 2025 to Jan 30, 2026
  • Individual clients · 337 to 321
    Feb 14, 2025 to Jan 30, 2026
  • Assets in custody · $82.5M to $75.3M
    Feb 14, 2025 to Jan 30, 2026
  • Employees · 11 to 8
    Feb 14, 2025 to Jan 30, 2026
  • State-registered IARs · 7 to 5
    Feb 14, 2025 to Jan 30, 2026
  • Discretionary RAUM · $208M to $241M
    Feb 14, 2025 to Jan 30, 2026
  • HNW RAUM · $111M to $94.0M
    Feb 14, 2025 to Jan 30, 2026
  • Individual RAUM · $99.1M to $106M
    Feb 14, 2025 to Jan 30, 2026
  • Non-discretionary RAUM · $4.7M to $4.6M
    Feb 14, 2025 to Jan 30, 2026
  • Pension RAUM · $934,002 to $993,195
    Feb 14, 2025 to Jan 30, 2026
  • RAUM · $213M to $245M
    Feb 14, 2025 to Jan 30, 2026
  • Accounts · 882 to 967
    Mar 26, 2024 to Feb 14, 2025
  • Advisory employees · 6 to 7
    Mar 26, 2024 to Feb 14, 2025
  • BD registered reps · 6 to 5
    Mar 26, 2024 to Feb 14, 2025
  • Charity clients · 5 to 4
    Mar 26, 2024 to Feb 14, 2025
  • Corporate clients · unset to 1.0
    Mar 26, 2024 to Feb 14, 2025
  • HNW clients · 52 to 60
    Mar 26, 2024 to Feb 14, 2025
  • Pension plan clients · 2 to 1
    Mar 26, 2024 to Feb 14, 2025
  • Assets in custody · $63.3M to $82.5M
    Mar 26, 2024 to Feb 14, 2025
  • Financial planning clients · 11-25 to 1-10
    Mar 26, 2024 to Feb 14, 2025
  • State-registered IARs · 5 to 7
    Mar 26, 2024 to Feb 14, 2025
  • Discretionary RAUM · $172M to $208M
    Mar 26, 2024 to Feb 14, 2025
  • HNW RAUM · $86.2M to $111M
    Mar 26, 2024 to Feb 14, 2025
  • Individual RAUM · $86.0M to $99.1M
    Mar 26, 2024 to Feb 14, 2025
  • Non-discretionary RAUM · $4.4M to $4.7M
    Mar 26, 2024 to Feb 14, 2025
  • Pension RAUM · $2.8M to $934,002
    Mar 26, 2024 to Feb 14, 2025
  • RAUM · $176M to $213M
    Mar 26, 2024 to Feb 14, 2025
  • Accounts · 784 to 882
    Aug 23, 2023 to Mar 25, 2024
  • Charity clients · 3 to 5
    Aug 23, 2023 to Mar 25, 2024
  • HNW clients · 54 to 52
    Aug 23, 2023 to Mar 25, 2024
  • Individual clients · 327 to 337
    Aug 23, 2023 to Mar 25, 2024
  • Assets in custody · $47.1M to $63.3M
    Aug 23, 2023 to Mar 25, 2024
  • Employees · 10 to 11
    Aug 23, 2023 to Mar 25, 2024
  • Other offices · 2 to 1
    Aug 23, 2023 to Mar 25, 2024
  • Discretionary RAUM · $147M to $172M
    Aug 23, 2023 to Mar 25, 2024
Signals
9 dated events
  • Joseph Charles Perkins left Cannon Wealth Management Services for Farther (registered 2026-07-29)
    Jul 22, 2026 · Advisor changed firm · fact
  • Matthew David Hearn left Cannon Wealth Management Services for Farther (registered 2026-07-13)
    Jul 22, 2026 · Advisor changed firm · fact
  • Raymond Hugh Wilcox left Cannon Wealth Management Services for Farther (registered 2026-07-13)
    Jul 22, 2026 · Advisor changed firm · fact
  • William Barron Amburn left Cannon Wealth Management Services for Farther (registered 2026-07-13)
    Jul 22, 2026 · Advisor changed firm · fact
  • Cannon Wealth Management Services's advisors moved to Farther (Winston Salem, NC): 4 of 4 registered, on the same day
    Jul 22, 2026 · Firm absorbed (people side) · derived
  • Adam Russell Mcmillian left Cannon Wealth Management Services for Tidemark, Llc (registered 2026-06-25)
    Jun 12, 2026 · Advisor changed firm · fact
  • Benjamin Parker Haynes left Cannon Wealth Management Services for Cassia Capital Partners Llc (registered 2025-06-23)
    Jun 17, 2025 · Advisor changed firm · fact
  • 4 advisors left LPL Financial LLC (Winston Salem, NC) for Cannon Wealth Management Services on the same day
    Nov 10, 2022 · Team lift-out · derived
  • Cannon Wealth Management Services filed its initial SEC registration (Form ADV)
    Sep 7, 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 email
info@cannon-wealth.comreportedpublished by the firm, firm site, Sep 17, 2026
Business phone
336-231-6844reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
336-723-0094reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/16084472reportedpublic record, Form ADV, Sep 17, 2026
Website
cannon-wealth.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
336-231-6844reportedpublic record, Form ADV, Apr 30, 2026
Contact form
cannon-wealth.com/contactreportedpublished 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
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026