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

T••• P•••• W••••• A•••••••

Independent wealth managerCRD 323817SEC 801-126874websiteIAPD
Legal name T••• P•••• W••••• A•••••••• L••
Latest filing Sep 4, 2026
First filing on the tape Oct 13, 2022 · 29 filings
SEC status approved since Nov 10, 2022
RAUM
$585M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$569M individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$58.5M
derived; firm RAUM over IAPD count
Employees
14
9 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$585M as of Apr 14, 2026
Feb 3, 2023$170M then
HNW client RAUM$451M as of Apr 14, 2026
Feb 3, 2023$79.6M then
State-registered IARs (5.B.3)10 as of Apr 14, 2026
Feb 3, 20235 then
Employees (5.A)14 as of Apr 14, 2026
Feb 3, 20238 then
Private funds: no history
RAUM +42% over the last fiscal year+51% a year over threeIARs 9 to 10offices 1 to 3
Practice profile
derived from the filing of Sep 4, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
RAUM per advisor
$58.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
42derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$330,016derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
2.5derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+42%derivedbetween the last two annual amendments
Advisor growth, one year
+11%derivedItem 5.B.3 between annual amendments
Client growth, one year
-1.4%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$71.7M, 173 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)
  • compensates persons for client referrals (8.G.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$451M77%
  • Individuals$117M20%
  • Corporations and businesses$10.0M1.7%
  • Pension and profit-sharing plans$3.6M0.6%
  • Charitable organizations$2.5M0.4%
Individual clients
228reported
HNW clients
194reported
Pension plan clients
4reported
Charitable clients
2reported
Accounts
1,772reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$71.7M for 173 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.01 related_bd=true related_bank=false bd_reps=1.0derived
Advisors registered through the firm
10 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
T••••• K••••El Segundo, Ca Dec 12, 202216 y2
V••••• K••••San Francisco, Ca Dec 12, 202214 y2
K•••••• L••• H••••••••San Francisco, Ca Dec 14, 202210 y1
B•••• D•• N•••••Certified Financial PlannerNewark, Ca Dec 15, 202218 y4
S•••••• T••• T• N•••••San Francisco, Ca Dec 20, 202212 y1
S••••• B••••••••San Francisco, Ca Jan 4, 202310 y0
E••••• V••••••••San Francisco, Ca Aug 12, 202313 y0
S•••• G••••New York, Ny Oct 22, 202410 y0
K•••••• D••••••• G••••••El Segundo , Ca Jan 20, 202610 y2
J••••• A• K•••••San Francisco, CaSep 11, 202617 y2
Advisor movement
1 left, 3 joined in 12 months
net +2 in 12 months1 left in 90 days1 joined in 90 daysdeparture rate 10% of current headcount2 left over 36 months
Joined, latest
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
    • K••••• T••••• · Principalcontrol
      since 10/2022 · owns 50% to 75%
    • K••••• V••••• · Principalcontrol
      since 10/2022 · owns 50% to 75%
    • H••••••••• K••••••• L••• · Cco
      since 11/2022 · owns less than 5%
    Related persons
    Schedule D 7.A
    • T••• I•••••••• S•••••••• L••
      real estaten
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    San Francisco, Ca1021
    El Segundo, Ca210
    New York, Ny200
    Offices
    Schedule D 1.F, the 25 largest
    • Newark, CA2 employees
    • New York, NY1 employees
    • , 1 employees
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • RAUM up 25 %Change between filings · filing Apr 14, 2026
      RAUM (Item 5.F) moved from $410,400,224 to $584,788,678 (+42.0%) between the annual amendments of 2025-03-26 and 2026-04-14; the peer median change was +16.0% (1385 comparable advisers, 92.0th percentile of changes)
      peers: independent wealth managers, $500M to $1B (1,385) · 92% percentile
    What changed
    consecutive filings, newest first
    • Financial planning clients · 51-100 to 51-100
      Apr 14, 2026 to Sep 4, 2026
    • HQ city · to unset
      Apr 14, 2026 to Sep 4, 2026
    • HQ state · to unset
      Apr 14, 2026 to Sep 4, 2026
    • Succession · false to unset
      Apr 14, 2026 to Sep 4, 2026
    • Accounts · 1,592 to 1,772
      Dec 12, 2025 to Mar 25, 2026
    • Advisory activities · 2 to 4
      Dec 12, 2025 to Mar 25, 2026
    • Charity clients · unset to 2.0
      Dec 12, 2025 to Mar 25, 2026
    • Corporate clients · 2 to 3
      Dec 12, 2025 to Mar 25, 2026
    • HNW clients · 131 to 194
      Dec 12, 2025 to Mar 25, 2026
    • Individual clients · 297 to 228
      Dec 12, 2025 to Mar 25, 2026
    • Pension plan clients · unset to 4.0
      Dec 12, 2025 to Mar 25, 2026
    • Pooled vehicle clients · unset to 0.0
      Dec 12, 2025 to Mar 25, 2026
    • Assets in custody · $113M to $71.7M
      Dec 12, 2025 to Mar 25, 2026
    • Employees · 9 to 14
      Dec 12, 2025 to Mar 25, 2026
    • State-registered IARs · 9 to 10
      Dec 12, 2025 to Mar 25, 2026
    • Other offices · 1 to 3
      Dec 12, 2025 to Mar 25, 2026
    • Discretionary RAUM · $410M to $585M
      Dec 12, 2025 to Mar 25, 2026
    • HNW RAUM · $276M to $451M
      Dec 12, 2025 to Mar 25, 2026
    • Individual RAUM · $128M to $117M
      Dec 12, 2025 to Mar 25, 2026
    • Pension RAUM · unset to 3569789.0
      Dec 12, 2025 to Mar 25, 2026
    • Pooled vehicle RAUM · unset to 0.0
      Dec 12, 2025 to Mar 25, 2026
    • RAUM · $410M to $585M
      Dec 12, 2025 to Mar 25, 2026
    • Financial planning clients · 51-100 to 51-100
      Jun 5, 2025 to Jul 29, 2025
    • Accounts · 1,402 to 1,592
      Oct 22, 2024 to Mar 26, 2025
    • Advisory employees · 7 to 9
      Oct 22, 2024 to Mar 26, 2025
    • Corporate clients · 3 to 2
      Oct 22, 2024 to Mar 26, 2025
    • HNW clients · 74 to 131
      Oct 22, 2024 to Mar 26, 2025
    • Individual clients · 337 to 297
      Oct 22, 2024 to Mar 26, 2025
    • Assets in custody · $67.4M to $113M
      Oct 22, 2024 to Mar 26, 2025
    • Employees · 7 to 9
      Oct 22, 2024 to Mar 26, 2025
    • HQ city · unset to
      Oct 22, 2024 to Mar 26, 2025
    • HQ state · unset to
      Oct 22, 2024 to Mar 26, 2025
    • State-registered IARs · 7 to 9
      Oct 22, 2024 to Mar 26, 2025
    • Other offices · 10 to 1
      Oct 22, 2024 to Mar 26, 2025
    • Discretionary RAUM · $319M to $410M
      Oct 22, 2024 to Mar 26, 2025
    • HNW RAUM · $183M to $276M
      Oct 22, 2024 to Mar 26, 2025
    • Individual RAUM · $131M to $128M
      Oct 22, 2024 to Mar 26, 2025
    • RAUM · $319M to $410M
      Oct 22, 2024 to Mar 26, 2025
    • Related broker-dealer · false to true
      Oct 22, 2024 to Mar 26, 2025
    • Other offices · 9 to 10
      Oct 9, 2024 to Oct 22, 2024
    Signals
    10 dated events
    • J••••• A• K••••• added a CA registration at T••• P•••• W••••• A•••••••
      Sep 15, 2026 · New state registration · fact
    • J••••• A• K••••• added a TX registration at T••• P•••• W••••• A•••••••
      Sep 11, 2026 · New state registration · fact
    • V•• G•••••• S••••••••• left T••• P•••• W••••• A••••••• for Onedigital (registered 2026-09-08)
      Jun 30, 2026 · Advisor changed firm · fact
    • T••• P•••• W••••• A••••••• reported RAUM $584.8M, up 42% from $410.4M (2025-12-12 to 2026-03-25)
      Mar 25, 2026 · RAUM change · derived
    • T••• P•••• W••••• A••••••• reported 1 offices beyond its principal office, down from 10 (2024-10-22 to 2025-03-26)
      Mar 26, 2025 · Office count change · derived
    • J•••• R•••••• left T••• P•••• W••••• A••••••• for N•••••• F•••••••• G••••• I••• (registered 2025-03-13)
      Feb 3, 2025 · Advisor changed firm · fact
    • T••• P•••• W••••• A••••••• reported RAUM $273.5M, up 61% from $170.2M (2023-07-05 to 2023-08-01)
      Aug 1, 2023 · RAUM change · derived
    • P•••••• B••••• left T••• P•••• W••••• A••••••• for F••••••• P••••••• A•• W•••••••• A••••••• (registered 2023-05-22)
      Feb 28, 2023 · Advisor changed firm · fact
    • 2 advisors left L•• F•••••••• L•• (Burlingame, CA) for T••• P•••• W••••• A••••••• on the same day
      Dec 20, 2022 · Team lift-out · derived
    • T••• P•••• W••••• A••••••• filed its initial SEC registration (Form ADV)
      Oct 13, 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
    650-200-0308reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/twin-peaks-wealth-advisorsreportedpublic record, Form ADV, Sep 18, 2026
    Website
    twinpwa.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    (650) 200-0308reportedpublic record, Form ADV, Sep 4, 2026
    Team page
    twinpwa.com/our-teamreportedpublished by the firm, firm site, Sep 15, 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
    $58.5Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026