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.
Former SEC-registered adviser
Spectrum Wealth Management
Legal name Spectrum Wealth Counsel, LLC
Latest filing Mar 28, 2025
First filing on the tape Oct 14, 2022 · 12 filings
SEC status approved since Nov 21, 2022
RAUM
$1.2B
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
95%
$1.1B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
12
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$1.2B as of Mar 28, 2025
Mar 19, 2023$816M then
HNW client RAUM$1.1B as of Mar 28, 2025
Mar 19, 2023$729M then
State-registered IARs (5.B.3)6 as of Mar 28, 2025
Mar 19, 20233 then
Employees (5.A)12 as of Mar 28, 2025
Mar 19, 202312 then
Private funds: no history
RAUM +18% over the last fiscal yearIARs 6 to 6
Practice profile
derived from the filing of Mar 28, 2025; every figure names its basis
- RAUM per advisor
- $192MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 38derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $7.1MderivedHNW RAUM over HNW clients
- Average account
- $764,941derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 95%derivedof RAUM
- Institutional
- 5.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 6.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +18%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +4.2%derived
- Compensation
- percentage of assets, hourly, fixed fees, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, otherreportedItem 5.G
- Custody
- $5.8M, 44 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$1.1B92%
- Pension and profit-sharing plans$44.5M3.9%
- Individuals$29.5M2.6%
- Charitable organizations$12.9M1.1%
- Individual clients
- 75reported
- HNW clients
- 150reported
- Pension plan clients
- 3reported
- Charitable clients
- 2reported
- Accounts
- 1,504reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- $5.8M for 44 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
Left, latest
- Robert Cletus Phillips to Focus Partners Wealth, LLCJun 30, 2025 · RIA to RIA
- Daniel D Meiklejohn to Focus Partners Wealth, LLCJun 30, 2025 · RIA to RIA
- Brian Lowell Short to Focus Partners Wealth, LLCJun 30, 2025 · RIA to RIA
- Tia Maria Lee to Focus Partners Wealth, LLCJun 30, 2025 · RIA to RIA
- Zachary John Quante to Focus Partners Wealth, LLCJun 30, 2025 · RIA to RIA
- Cole Alexander Mccarter to Focus Partners Wealth, LLCJun 30, 2025 · RIA to RIA
- Gregory Richard Thompson to Goelzer Investment ManagementJun 9, 2025 · RIA to RIA
Joined, latest
- Daniel D Meiklejohn from Forvis Mazars Wealth Advisors, LLCFeb 28, 2024 · Other
- Brian Lowell Short from Fidelity Personal And Workplace AdvisorsMar 22, 2023 · Affiliated broker-dealer or bank to independent RIA
- Robert Cletus Phillips from Sbo Management, LLC.Jan 3, 2023 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 6 left for Focus Partners Wealth, LLCJun 30, 2025 · Indianapolis, In · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Cletus Robert Phillips · Ceo/Presidentcontrolsince 10/2022 · owns less than 5%
- Diane Leslie Thompson · Cco/Ciocontrolsince 10/2022 · owns less than 5%
Entity owners
- Focus Operating, LLC · Member (Manager)direct · owns 75% or more
- Cd&R Ferdinand Co-Investor, L.P. · Partnerindirect · owns 25% to 50% of Cd&R Ferdinand Holdings, L.P.
- Cd&R Ferdinand Holdings, L.P. · Partnerindirect · owns 50% to 75% of Ferdinand Ffp Ultimate Holdings, LP
- Clayton, Dubilier & Rice Fund Xii, L.P. · Partnerindirect · owns 50% to 75% of Cd&R Ferdinand Holdings, L.P.
- Ferdinand Ffp Acquisition, LLC · Shareholder - Class A Common Stockindirect · owns 75% or more of Focus Financial Partners Inc.
- Ferdinand Ffp Intermediate Holdings, LLC · Memberindirect · owns 75% or more of Ferdinand Ffp Acquisition, LLC
- Ferdinand Ffp Parent, Inc. · Memberindirect · owns 75% or more of Ferdinand Ffp Intermediate Holdings, LLC
- Ferdinand Ffp Ultimate Holdings, LP · Shareholder - Class B Common Stockindirect · owns 75% or more of Focus Financial Partners Inc.
- Ferdinand Ffp Ultimate Holdings, LP · Shareholderindirect · owns 75% or more of Ferdinand Ffp Parent, Inc.
- Focus Financial Partners Inc. · Memberindirect · owns 75% or more of Focus Financial Partners, LLC
- Focus Financial Partners, LLC · Memberindirect · owns 75% or more of Focus Operating, LLC
Related persons
Schedule D 7.A
- Focus Risk Solutions, LLCreal estaten
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Indianapolis, In · principal | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,263 to 1,504Jun 13, 2024 to Mar 28, 2025
- Advisory employees · 8 to 6Jun 13, 2024 to Mar 28, 2025
- Charity clients · 1 to 2Jun 13, 2024 to Mar 28, 2025
- HNW clients · 146 to 150Jun 13, 2024 to Mar 28, 2025
- Individual clients · 70 to 75Jun 13, 2024 to Mar 28, 2025
- Pension plan clients · 4 to 3Jun 13, 2024 to Mar 28, 2025
- Assets in custody · $653M to $5.8MJun 13, 2024 to Mar 28, 2025
- Employees · 13 to 12Jun 13, 2024 to Mar 28, 2025
- Discretionary RAUM · $922M to $1.1BJun 13, 2024 to Mar 28, 2025
- HNW RAUM · $899M to $1.1BJun 13, 2024 to Mar 28, 2025
- Individual RAUM · $23.4M to $29.5MJun 13, 2024 to Mar 28, 2025
- Non-discretionary RAUM · $54.3M to $58.4MJun 13, 2024 to Mar 28, 2025
- Pension RAUM · $42.8M to $44.5MJun 13, 2024 to Mar 28, 2025
- RAUM · $976M to $1.2BJun 13, 2024 to Mar 28, 2025
- Accounts · 1,342 to 1,263Nov 29, 2023 to Mar 28, 2024
- Advisory employees · 5 to 8Nov 29, 2023 to Mar 28, 2024
- Corporate clients · 1.0 to unsetNov 29, 2023 to Mar 28, 2024
- HNW clients · 131 to 146Nov 29, 2023 to Mar 28, 2024
- Individual clients · 90 to 70Nov 29, 2023 to Mar 28, 2024
- Pension plan clients · 3 to 4Nov 29, 2023 to Mar 28, 2024
- Assets in custody · unset to 653002994.0Nov 29, 2023 to Mar 28, 2024
- Custody of client assets · false to trueNov 29, 2023 to Mar 28, 2024
- Employees · 12 to 13Nov 29, 2023 to Mar 28, 2024
- Financial planning clients · 251-500 to 101-250Nov 29, 2023 to Mar 28, 2024
- State-registered IARs · 3 to 6Nov 29, 2023 to Mar 28, 2024
- Discretionary RAUM · $764M to $922MNov 29, 2023 to Mar 28, 2024
- HNW RAUM · $729M to $899MNov 29, 2023 to Mar 28, 2024
- Individual RAUM · $36.8M to $23.4MNov 29, 2023 to Mar 28, 2024
- Non-discretionary RAUM · $51.7M to $54.3MNov 29, 2023 to Mar 28, 2024
- Pension RAUM · $38.5M to $42.8MNov 29, 2023 to Mar 28, 2024
- RAUM · $816M to $976MNov 29, 2023 to Mar 28, 2024
- Accounts · 0 to 1,342Oct 14, 2022 to Mar 19, 2023
- Advisory employees · 7 to 5Oct 14, 2022 to Mar 19, 2023
- Advisory activities · 5 to 6Oct 14, 2022 to Mar 19, 2023
- Charity clients · unset to 1.0Oct 14, 2022 to Mar 19, 2023
- Corporate clients · unset to 1.0Oct 14, 2022 to Mar 19, 2023
- HNW clients · unset to 131.0Oct 14, 2022 to Mar 19, 2023
- Individual clients · unset to 90.0Oct 14, 2022 to Mar 19, 2023
- Pension plan clients · unset to 3.0Oct 14, 2022 to Mar 19, 2023
- Employees · 7 to 12Oct 14, 2022 to Mar 19, 2023
Signals
10 dated events
- Spectrum Wealth Management no longer on the SEC adviser roster (last listed 2025-06-02, RAUM $1.2B)Jul 1, 2025 · Left the SEC roster · derived
- Zachary John Quante left Spectrum Wealth Management for Focus Partners Wealth, Llc (registered 2025-06-04)Jun 30, 2025 · Advisor changed firm · fact
- Brian Lowell Short left Spectrum Wealth Management for Focus Partners Wealth, Llc (registered 2025-06-04)Jun 30, 2025 · Advisor changed firm · fact
- Daniel D Meiklejohn left Spectrum Wealth Management for Focus Partners Wealth, Llc (registered 2025-06-04)Jun 30, 2025 · Advisor changed firm · fact
- Spectrum Wealth Management's advisors moved to Focus Partners Wealth, LLC (Indianapolis, IN): 6 of 6 registered, on the same dayJun 30, 2025 · Firm absorbed (people side) · derived
- Cole Alexander Mccarter left Spectrum Wealth Management for Focus Partners Wealth, Llc (registered 2025-06-04)Jun 30, 2025 · Advisor changed firm · fact
- Robert Cletus Phillips left Spectrum Wealth Management for Focus Partners Wealth, Llc (registered 2025-06-05)Jun 30, 2025 · Advisor changed firm · fact
- Tia Maria Lee left Spectrum Wealth Management for Focus Partners Wealth, Llc (registered 2025-06-04)Jun 30, 2025 · Advisor changed firm · fact
- Gregory Richard Thompson left Spectrum Wealth Management for Goelzer Investment Management (registered 2025-10-30)Jun 9, 2025 · Advisor changed firm · fact
- Spectrum Wealth Management filed its initial SEC registration (Form ADV)Oct 14, 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