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

P••••••• W•••••

Independent wealth managerThe Woodlands, TexasCRD 325116SEC 801-127393websiteIAPD
Legal name P••••••• W••••• L••
Latest filing Jul 28, 2026
First filing on the tape Jan 27, 2023 · 13 filings
SEC status approved since Feb 27, 2023
RAUM
$242M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$242M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$80.7M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$242M as of Jul 28, 2026
Feb 2, 2024$166M then
HNW client RAUM$205M as of Jul 28, 2026
Feb 2, 2024$126M then
State-registered IARs (5.B.3)3 as of Jul 28, 2026
Feb 2, 20242 then
Employees (5.A)3 as of Jul 28, 2026
Feb 2, 20242 then
Private funds: no history
RAUM +17% over the last fiscal yearIARs 3 to 3offices 3 to 2
Practice profile
derived from the filing of Jul 28, 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
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$80.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
72derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.8MderivedHNW RAUM over HNW clients
Average account
$1.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+17%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.9%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, selection of other advisersreportedItem 5.G
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$205M85%
  • Individuals$37.1M15%
  • Corporations and businesses$12,9730.0%
  • Charitable organizations$9,3750.0%
Individual clients
142reported
HNW clients
73reported
Pension plan clients
n/areported
Charitable clients
1reported
Accounts
215reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D•••• A••••••••Chartered Financial ConsultantThe Woodlands, TxMar 2, 202327 y3
C••• S••• M•••••The Woodlands, TxMar 3, 202316 y3
D••••• J••••• A••••••••Phoneix, Az Oct 21, 202412 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • A••••••••• D•••• · Managing Partnercontrol
    since 09/2019 · owns less than 5%
  • M•••••• C•••• S••• · Ccocontrol
    since 09/2019 · owns less than 5%
  • A••••••••• D•••• · Managing Partnercontrol
    since 09/2019 · owns 75% or more of A•••••••• A•• M••••• C•••••• L••
  • M•••••• C•••• S••• · Managing Partnercontrol
    since 09/2019 · owns 25% to 50% of A•••••••• A•• M••••• C•••••• L••
Entity owners
  • A•••••••• A•• M••••• C•••••• L•• · Owner
    direct · 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
The Woodlands, Tx · principal300
Offices
Schedule D 1.F, the 25 largest
  • Las Vegas, NV1 employees
  • , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • account count collapseChange between filings · filing Jan 27, 2026
    accounts (Item 5.F.2.f) moved from 581.0 to 215.0 (-63.0%) between the annual amendments of 2025-02-03 and 2026-01-27; the peer median change was +5.0% (3687 comparable advisers, 2.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,687) · 1.7% percentile
What changed
consecutive filings, newest first
  • Accounts · 581 to 215
    Jun 23, 2025 to Jan 27, 2026
  • HNW clients · 65 to 73
    Jun 23, 2025 to Jan 27, 2026
  • Individual clients · 140 to 142
    Jun 23, 2025 to Jan 27, 2026
  • Discretionary RAUM · $206M to $242M
    Jun 23, 2025 to Jan 27, 2026
  • HNW RAUM · $164M to $205M
    Jun 23, 2025 to Jan 27, 2026
  • Individual RAUM · $41.8M to $37.1M
    Jun 23, 2025 to Jan 27, 2026
  • RAUM · $206M to $242M
    Jun 23, 2025 to Jan 27, 2026
  • Financial planning clients · 0 to 0
    Feb 3, 2025 to Jun 23, 2025
  • Other offices · 3 to 2
    Feb 3, 2025 to Jun 23, 2025
  • Accounts · 183 to 581
    Jul 24, 2024 to Feb 3, 2025
  • Advisory employees · 2 to 3
    Jul 24, 2024 to Feb 3, 2025
  • Charity clients · unset to 1.0
    Jul 24, 2024 to Feb 3, 2025
  • Corporate clients · unset to 1.0
    Jul 24, 2024 to Feb 3, 2025
  • HNW clients · 51 to 65
    Jul 24, 2024 to Feb 3, 2025
  • Individual clients · 132 to 140
    Jul 24, 2024 to Feb 3, 2025
  • Employees · 2 to 3
    Jul 24, 2024 to Feb 3, 2025
  • State-registered IARs · 2 to 3
    Jul 24, 2024 to Feb 3, 2025
  • Discretionary RAUM · $166M to $206M
    Jul 24, 2024 to Feb 3, 2025
  • HNW RAUM · $126M to $164M
    Jul 24, 2024 to Feb 3, 2025
  • Individual RAUM · $40.0M to $41.8M
    Jul 24, 2024 to Feb 3, 2025
  • RAUM · $166M to $206M
    Jul 24, 2024 to Feb 3, 2025
  • Other offices · 1 to 2
    Feb 2, 2024 to Jul 24, 2024
  • Other offices · 2 to 3
    Jul 24, 2024 to Jul 24, 2024
  • Accounts · 505 to 183
    Jul 21, 2023 to Feb 2, 2024
  • HNW clients · 49 to 51
    Jul 21, 2023 to Feb 2, 2024
  • Individual clients · 133 to 132
    Jul 21, 2023 to Feb 2, 2024
  • Discretionary RAUM · $153M to $166M
    Jul 21, 2023 to Feb 2, 2024
  • HNW RAUM · $113M to $126M
    Jul 21, 2023 to Feb 2, 2024
  • Individual RAUM · $40.2M to $40.0M
    Jul 21, 2023 to Feb 2, 2024
  • RAUM · $153M to $166M
    Jul 21, 2023 to Feb 2, 2024
  • Accounts · 471 to 505
    May 26, 2023 to Jul 21, 2023
  • HNW clients · 78 to 49
    May 26, 2023 to Jul 21, 2023
  • Individual clients · 86 to 133
    May 26, 2023 to Jul 21, 2023
  • Discretionary RAUM · $131M to $153M
    May 26, 2023 to Jul 21, 2023
  • HNW RAUM · $113M to $113M
    May 26, 2023 to Jul 21, 2023
  • Individual RAUM · $18.3M to $40.2M
    May 26, 2023 to Jul 21, 2023
  • RAUM · $131M to $153M
    May 26, 2023 to Jul 21, 2023
  • Other offices · 0 to 1
    Jan 30, 2023 to Mar 14, 2023
Signals
1 dated events
  • P••••••• W••••• filed its initial SEC registration (Form ADV)
    Jan 27, 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
Business phone
281-968-2780reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/position-wealthreportedpublic record, Form ADV, Sep 18, 2026
Website
positionwealth.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
281-968-2780reportedpublic record, Form ADV, Jul 28, 2026
Contact form
positionwealth.com/contact-usreportedpublished by the firm, firm site, Sep 16, 2026
Team page
positionwealth.com/the-firm/meet-the-teamreportedpublished by the firm, firm site, Sep 16, 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
$80.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026