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.
SEC-registered adviser
M•••••• W••••• M•••••••••
Legal name M•••••• W••••• A•••••••• L••
Latest filing Apr 29, 2026
First filing on the tape Mar 2, 2023 · 15 filings
SEC status approved since Aug 16, 2023
RAUM
$3.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
1.8%
$57.6M individuals and HNW
Advisors
22
registered through the firm on IAPD
RAUM per advisor
$144M
derived; firm RAUM over IAPD count
Employees
32
19 advisory (5.B.1)
Offices
9
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$3.2B as of Apr 29, 2026
Mar 28, 2024$2.5B then
HNW client RAUM$29.9M as of Apr 29, 2026
Mar 28, 2024$579,126 then
State-registered IARs (5.B.3)19 as of Apr 29, 2026
Mar 28, 202416 then
Employees (5.A)32 as of Apr 29, 2026
Mar 28, 202418 then
Private funds: no history
RAUM +7.8% over the last fiscal yearIARs 16 to 19offices 6 to 9
Practice profile
derived from the filing of Apr 29, 2026; every figure names its basis
Archetypes, each a printed rule
- b••• affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
- RAUM per advisor
- $144MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 6derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.6MderivedHNW RAUM over HNW clients
- Average account
- $698,962derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 2.2derived10 offices incl. principal (1.F.5)
- RAUM growth, one year
- +7.8%derivedbetween the last two annual amendments
- Advisor growth, one year
- +19%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +0.0%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
- $2.2M, 13 clientsreportedItem 9.A
- Ownership
- a bank, bancorp or trust company is a 50 percent or greater ownerderived
- 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)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Banks and thrifts$3.1B98%
- High-net-worth individuals$29.9M0.9%
- Individuals$27.6M0.9%
- Corporations and businesses$536,3730.0%
- Individual clients
- 119reported
- HNW clients
- 19reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 4,521reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- $2.2M for 13 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.02 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
22 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| R••• L•• L••••Chartered Financial Analyst | Effingham, Il | Aug 7, 2023 | 11 y | 0 |
| F•••• C••••••••• S••••••Certified Financial Planner | Effingham, Il | Aug 18, 2023 | 10 y | 1 |
| D••••• H••••• Z••••••Certified Financial Planner | Rockford, Il | Aug 18, 2023 | 18 y | 0 |
| C••••••••• A•••• Z•••• | Rockford, Il | Dec 6, 2023 | 10 y | 0 |
| K•••• W•••••• G••••••• | Rockford, Il | Dec 19, 2023 | 12 y | 0 |
| R••••• N••••• B•••• | Joilet, Il | Jan 1, 2024 | 14 y | 0 |
| C••••••••• C•••••• S••••••••Chartered Financial Consultant | Ladue, Mo | Jan 2, 2024 | 26 y | 7 |
| S•••••••• A•• J••••• | Rockford, Il | Jun 3, 2024 | 16 y | 1 |
| M••••••• B••••••• | Effingham, Il | Jun 21, 2024 | 18 y | 1 |
| T•••• J•••• G•••• | Rock Hill, Mo | Jul 15, 2024 | 21 y | 2 |
| J•• B•••• M•• | Effingham, Il | Aug 6, 2024 | 16 y | 0 |
| J•••• S•••••••• | Rockford, Il | Nov 5, 2024 | 12 y | 0 |
| D••••• K•• M••••• | Rockford, Il | Nov 6, 2024 | 15 y | 0 |
| E••• I••• S•••Chartered Financial Analyst | Rockford, Il | Dec 5, 2024 | 16 y | 2 |
| P•••• H••••• R•••••• | Effingham, Il | Feb 24, 2025 | 26 y | 7 |
| N••••••• A••• G••••• | O'Fallon, Mo | Apr 29, 2025 | 20 y | 6 |
| S•••••• T••••• K•••• | Tarrytown, Ny | May 8, 2025 | 11 y | 2 |
| K•••• T•••••• J•••••• | Effingham, Il | Jul 9, 2025 | 15 y | 1 |
| J••••• G• M••••••• | Effingham, Il | Jul 14, 2025 | 10 y | 2 |
| D•••••• K••••• P•••••••Certified Financial Planner | Effingham, Il | Mar 13, 2026 | 10 y | 1 |
| M•••••• M•••••• R••• | St. Louis, Mo | Jul 15, 2026 | 25 y | 2 |
| M•••••• J•••• P••• | Effingham, Il | Jul 22, 2026 | 29 y | 7 |
Advisor movement
0 left, 3 joined in 12 months
net +3 in 12 months0 left in 90 days2 joined in 90 daysdeparture rate 0.0% of current headcount7 left over 36 months
Left, latest
- D••••• J•••• M••••• to R•••••• J•••• F•••••••• S••••••• A•••••••• I••Jan 13, 2025 · Other
- A••••• L•••••• O••••• to R•••••• J•••• F•••••••• S••••••• A•••••••• I••Jan 13, 2025 · Other
- R••••• J••••• K••••••• to R•••••• J•••• F•••••••• S••••••• A•••••••• I••Jan 13, 2025 · Other
- H•••• W•••••• S••••••• to A••••••••• I••••••••• S•••••••• I•••Jan 10, 2025 · Other
- C••••••••• J••••• L•••••• to R•••• S••••• A•••••••• L••Feb 16, 2024 · Other
- S•••• R••••• to N••••••••• M••••• I••••••••• S•••••••••Feb 16, 2024 · Other
- M•••••• E•••• to W•••• F•••• A•••••••Feb 16, 2024 · Other
Joined, latest
- M•••••• J•••• P••• from H••••••••• F•••••••• A•••••••Jul 22, 2026 · Other
- M•••••• M•••••• R••• from W•••• F•••• A•••••••Jul 15, 2026 · Other
- D•••••• K••••• P••••••• from B••••• G••••• A•••••• N••••••• L••Mar 13, 2026 · Other
- J••••• G• M••••••• from T• A••••••••• I••••••••• M••••••••• L••Jul 14, 2025 · Other
- K•••• T•••••• J•••••• from M•••••• L••••• P•••••• F••••• • S•••• I•••••••••Jul 9, 2025 · Other
- S•••••• T••••• K•••• from W•••• F•••• A•••••••May 8, 2025 · Other
- N••••••• A••• G••••• from C••••• I••••••••• A••••••• L••Apr 29, 2025 · Other
- P•••• H••••• R•••••• from M•••••• L••••• P•••••• F••••• • S•••• I•••••••••Feb 24, 2025 · Other
- E••• I••• S••• from A••••• W••••• M•••••••••Dec 5, 2024 · Other
- T•••• J•••• G•••• from B•• W••••• A•••••••• L••Jul 15, 2024 · Other
- M••••••• B••••••• from C•••••••• I••••••••• R••••••• A•••••••• I•••Jun 21, 2024 · Other
- S•••••••• A•• J••••• from M•••••• F•••••••• A•••••••• I•••Jun 3, 2024 · Other
- R••••• J••••• K••••••• from E••••• J••••May 13, 2024 · Other
- D••••• J•••• M••••• from I•• W••••• M••••••••• L••May 3, 2024 · Other
- C••••••••• C•••••• S•••••••• from C••••• A•••••••• L••Jan 2, 2024 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 3 left for R•••••• J•••• F•••••••• S••••••• A•••••••• I••Jan 13, 2025 · Chicago, Il
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- D• V••••• J•••••••• L••• · Chief Compliance Officercontrolsince 07/2024 · owns less than 5%
- S•••••••• H••••• W•••••• · Vp, Chief Operating Officer, And Treasurercontrolsince 02/2023 · owns less than 5%
- S••••••••• D••••• L••• · President And Chief Executive Officercontrolsince 08/2023 · owns less than 5%
- L••••• R•••• L•• · Chief Investment Officersince 08/2023 · owns less than 5%
Entity owners
- M•••••• S••••• B••••••• I••• · Managing Member (Parent Company)direct · owns 75% or more · public reporting company
Related persons
Schedule D 7.A
- M•••••• S••••• B•••n
- M•••••• T•••• C••••••n
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Effingham, Il · principal | 14 | 3 | 0 | ||
| Rockford, Il | 8 | 0 | 0 | ||
| Chicago, Il | 2 | 1 | 0 | ||
| Ofallon, Mo | 2 | 0 | 0 | ||
| Princeton, Il | 0 | 0 | 0 | ||
| Sterling, Il | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Rockford, IL11 employees
- Joilet, IL1 employees
- Ladue, MO1 employees
- Chicago, IL1 employees
- Rock Hill, MO1 employees
- Sterling, IL1 employees
- Princeton, IL1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- custody status changedChange between filings · filing Apr 29, 2026custody of client assets (Item 9.A): no on the filing of 2026-03-26, yes on the filing of 2026-04-29peers: other advisers, $1B to $5B (247)
- office count surgeChange between filings · filing Apr 29, 2026offices other than the principal office (Item 1.F.5) moved from 6.0 to 9.0 (+50.0%) between the annual amendments of 2025-04-25 and 2026-04-29; the peer median change was 0.0% (25 comparable advisers, 92.0th percentile of changes)peers: other advisers, $1B to $5B (25) · 92% percentile
What changed
consecutive filings, newest first
- Assets in custody · unset to 2168432.0Mar 26, 2026 to Apr 29, 2026
- Custody of client assets · false to trueMar 26, 2026 to Apr 29, 2026
- Accounts · 4,290 to 4,521Jul 11, 2025 to Mar 26, 2026
- Advisory activities · 3 to 4Jul 11, 2025 to Mar 26, 2026
- HNW clients · 10 to 19Jul 11, 2025 to Mar 26, 2026
- Individual clients · 128 to 119Jul 11, 2025 to Mar 26, 2026
- Employees · 28 to 32Jul 11, 2025 to Mar 26, 2026
- Financial planning clients · 0 to 101-250Jul 11, 2025 to Mar 26, 2026
- State-registered IARs · 16 to 19Jul 11, 2025 to Mar 26, 2026
- Other offices · 6 to 9Jul 11, 2025 to Mar 26, 2026
- Discretionary RAUM · $2.9B to $3.2BJul 11, 2025 to Mar 26, 2026
- HNW RAUM · $5.7M to $29.9MJul 11, 2025 to Mar 26, 2026
- Individual RAUM · $25.4M to $27.6MJul 11, 2025 to Mar 26, 2026
- Non-discretionary RAUM · $1.1M to $2.0MJul 11, 2025 to Mar 26, 2026
- RAUM · $2.9B to $3.2BJul 11, 2025 to Mar 26, 2026
- Financial planning clients · 0 to 0Jun 24, 2025 to Jul 11, 2025
- Accounts · 3,997 to 4,290Jan 10, 2025 to Apr 25, 2025
- Advisory employees · 16 to 19Jan 10, 2025 to Apr 25, 2025
- BD registered reps · 3 to 0Jan 10, 2025 to Apr 25, 2025
- HNW clients · unset to 10.0Jan 10, 2025 to Apr 25, 2025
- Individual clients · 16 to 128Jan 10, 2025 to Apr 25, 2025
- Assets in custody · 2534150689.0 to unsetJan 10, 2025 to Apr 25, 2025
- Custody of client assets · true to falseJan 10, 2025 to Apr 25, 2025
- Employees · 18 to 28Jan 10, 2025 to Apr 25, 2025
- Other offices · 7 to 6Jan 10, 2025 to Apr 25, 2025
- Discretionary RAUM · $2.5B to $2.9BJan 10, 2025 to Apr 25, 2025
- HNW RAUM · $579,126 to $5.7MJan 10, 2025 to Apr 25, 2025
- Individual RAUM · $3.0M to $25.4MJan 10, 2025 to Apr 25, 2025
- Non-discretionary RAUM · $719,473 to $1.1MJan 10, 2025 to Apr 25, 2025
- RAUM · $2.5B to $2.9BJan 10, 2025 to Apr 25, 2025
- Other offices · 6 to 7May 3, 2024 to Jul 25, 2024
- Other offices · 4 to 6Apr 18, 2024 to May 3, 2024
- Accounts · 3,961 to 3,997Mar 6, 2024 to Mar 28, 2024
- Advisory employees · 1 to 16Mar 6, 2024 to Mar 28, 2024
- BD registered reps · 0 to 3Mar 6, 2024 to Mar 28, 2024
- Individual clients · unset to 16.0Mar 6, 2024 to Mar 28, 2024
- Assets in custody · $2.5B to $2.5BMar 6, 2024 to Mar 28, 2024
- Employees · 4 to 18Mar 6, 2024 to Mar 28, 2024
- State-registered IARs · 1 to 16Mar 6, 2024 to Mar 28, 2024
- Other offices · 5 to 4Mar 6, 2024 to Mar 28, 2024
Signals
14 dated events
- R••••• J••••• K••••••• left M•••••• W••••• M••••••••• for R•••••• J•••• F•••••••• S••••••• A•••••••• I•• (registered 2025-01-13)Jan 13, 2025 · a•••••• firm change · fact
- D••••• J•••• M••••• left M•••••• W••••• M••••••••• for R•••••• J•••• F•••••••• S••••••• A•••••••• I•• (registered 2025-01-13)Jan 13, 2025 · a•••••• firm change · fact
- A••••• L•••••• O••••• left M•••••• W••••• M••••••••• for R•••••• J•••• F•••••••• S••••••• A•••••••• I•• (registered 2025-01-13)Jan 13, 2025 · a•••••• firm change · fact
- 3 advisors left M•••••• W••••• M••••••••• (Chicago, IL) for R•••••• J•••• F•••••••• S••••••• A•••••••• I•• on the same dayJan 13, 2025 · Team lift-out · derived
- H•••• W•••••• S••••••• left M•••••• W••••• M••••••••• for A••••••••• I••••••••• S•••••••• I••• (registered 2025-03-11)Jan 10, 2025 · a•••••• firm change · fact
- Lynn Jennifer De Vries (Chief Compliance Officer) appeared on Schedule A of M•••••• W••••• M•••••••••Jul 25, 2024 · Control person joined · fact
- Jean Donna Noble (Secretary And Chief Compliance Officer) no longer on Schedule A of M•••••• W••••• M••••••••• (listed 2024-05-03, absent 2024-07-25)Jul 25, 2024 · Control person left · inference
- M•••••• W••••• M••••••••• reported 16 state-registered advisory representatives, up from 1 (2024-03-06 to 2024-03-28)Mar 28, 2024 · ria a•••••• headcount change · derived
- Leon Danny Stevenson (President And Chief Executive Officer) appeared on Schedule A of M•••••• W••••• M•••••••••Mar 1, 2024 · Control person joined · fact
- C•••• J•••• H••••• (President) no longer on Schedule A of M•••••• W••••• M••••••••• (listed 2023-11-17, absent 2024-03-01)Mar 1, 2024 · Control person left · inference
- C••••••••• J••••• L•••••• left M•••••• W••••• M••••••••• for R•••• S••••• A•••••••• L•• (registered 2024-01-29)Feb 16, 2024 · a•••••• firm change · fact
- S•••• R••••• left M•••••• W••••• M••••••••• for N••••••••• M••••• I••••••••• S••••••••• (registered 2024-07-01)Feb 16, 2024 · a•••••• firm change · fact
- M•••••• E•••• left M•••••• W••••• M••••••••• for W•••• F•••• A••••••• (registered 2024-03-12)Feb 16, 2024 · a•••••• firm change · fact
- M•••••• W••••• M••••••••• filed its initial SEC registration (Form ADV)Mar 2, 2023 · 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
- Firm profile
- linkedin.com/company/midland-wealth-management/mycompanyreportedpublic record, Form ADV, Sep 18, 2026
- Website
- midlandsb.com/personal/wealthreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 312-660-6516reportedpublic record, Form ADV, Apr 29, 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
- Other adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $144Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026