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
J•••• W••••• M••••••••• L••
Latest filing Apr 2, 2026
First filing on the tape Feb 3, 2023 · 9 filings
SEC status approved since Mar 7, 2023
RAUM
$483M
reported, Item 5.F
Discretionary
75%
of RAUM
Private clients
95%
$458M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$161M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$483M as of Apr 2, 2026
Mar 8, 2024$357M then
HNW client RAUM$434M as of Apr 2, 2026
Mar 8, 2024$305M then
State-registered IARs (5.B.3)3 as of Apr 2, 2026
Mar 8, 20243 then
Employees (5.A)3 as of Apr 2, 2026
Mar 8, 20243 then
Private funds: no history
RAUM +15% over the last fiscal yearIARs 3 to 3
Practice profile
derived from the filing of Apr 2, 2026; every figure names its basis
Archetypes, each a printed rule
- 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
- RAUM per advisor
- $161MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 62derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.2MderivedHNW RAUM over HNW clients
- Average account
- $509,032derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 75%derivedof RAUM
- Institutional
- 4.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +15%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -6.6%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
- Wrap fee program
- $483MreportedItem 5.I
- Custody
- $25.2M, 49 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
- 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
- High-net-worth individuals$434M90%
- Individuals$23.8M4.9%
- Charitable organizations$22.6M4.7%
- Corporations and businesses$2.2M0.4%
- Individual clients
- 51reported
- HNW clients
- 134reported
- Pension plan clients
- 0reported
- Charitable clients
- 8reported
- Accounts
- 949reported
- Financial planning clients
- 0reported
- Wrap fee programs
- $483M sponsored, $0 managedreported
- Custody of client assets
- $25.2M for 49 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.95 fund_share=0.0 institutional_share=0.05 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| K•••••••• T••••• L••••• | Houston, Tx | May 2, 2023 | 20 y | 2 |
| D••• P•••••• T••••••• | Houston, Tx | May 2, 2023 | 34 y | 2 |
| J••• D•••• J•••• | Houston, Tx | May 4, 2023 | 33 y | 2 |
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
Left, latest
none on the tape
Joined, latest
- J••• D•••• J•••• from W•••• F•••• A•••••••May 4, 2023 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- D••• P•••••• T••••••• from W•••• F•••• A•••••••May 2, 2023 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- K•••••••• T••••• L••••• from W•••• F•••• A•••••••May 2, 2023 · Wirehouse to a newly registered adviser (no RAUM reported yet)
Teams: two or more advisors moving together within fourteen days, from one state
- 3 joined from W•••• F•••• A•••••••May 8, 2023 · Houston, Tx
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- J••••• J•••• D•••• · Managing Member, President, And Chief Compliance Officercontrolsince 01/2023 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Houston, Tx · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- very high RAUM per advisorStatic outlier · filing Apr 2, 2026RAUM per registered advisor of $161,023,725 against a peer median of $55,746,441 (3254 comparable advisers, 100.0th percentile, 3.7 robust deviations)peers: independent wealth managers, $100M to $500M (3,254) · 100% percentile
What changed
consecutive filings, newest first
- Accounts · 951 to 949Jun 26, 2025 to Mar 31, 2026
- HNW clients · 117 to 134Jun 26, 2025 to Mar 31, 2026
- Individual clients · 81 to 51Jun 26, 2025 to Mar 31, 2026
- Assets in custody · $82.7M to $25.2MJun 26, 2025 to Mar 31, 2026
- Discretionary RAUM · $312M to $363MJun 26, 2025 to Mar 31, 2026
- HNW RAUM · $360M to $434MJun 26, 2025 to Mar 31, 2026
- Individual RAUM · $37.5M to $23.8MJun 26, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $108M to $120MJun 26, 2025 to Mar 31, 2026
- RAUM · $420M to $483MJun 26, 2025 to Mar 31, 2026
- Wrap assets (sponsor) · $420M to $483MJun 26, 2025 to Mar 31, 2026
- Financial planning clients · 0 to 0Mar 11, 2025 to Jun 26, 2025
- Accounts · 875 to 951Mar 8, 2024 to Mar 11, 2025
- HNW clients · 123 to 117Mar 8, 2024 to Mar 11, 2025
- Individual clients · 76 to 81Mar 8, 2024 to Mar 11, 2025
- Assets in custody · $9.8M to $82.7MMar 8, 2024 to Mar 11, 2025
- Discretionary RAUM · $262M to $312MMar 8, 2024 to Mar 11, 2025
- HNW RAUM · $305M to $360MMar 8, 2024 to Mar 11, 2025
- Individual RAUM · $35.4M to $37.5MMar 8, 2024 to Mar 11, 2025
- Non-discretionary RAUM · $94.4M to $108MMar 8, 2024 to Mar 11, 2025
- RAUM · $357M to $420MMar 8, 2024 to Mar 11, 2025
- Wrap assets (sponsor) · $357M to $420MMar 8, 2024 to Mar 11, 2025
- Accounts · 841 to 875Jun 2, 2023 to Mar 8, 2024
- HNW clients · 106 to 123Jun 2, 2023 to Mar 8, 2024
- Individual clients · 90 to 76Jun 2, 2023 to Mar 8, 2024
- Assets in custody · $17.5M to $9.8MJun 2, 2023 to Mar 8, 2024
- Insurance-licensed employees · 3 to 0Jun 2, 2023 to Mar 8, 2024
- Discretionary RAUM · $235M to $262MJun 2, 2023 to Mar 8, 2024
- HNW RAUM · $272M to $305MJun 2, 2023 to Mar 8, 2024
- Individual RAUM · $30.7M to $35.4MJun 2, 2023 to Mar 8, 2024
- Non-discretionary RAUM · $82.9M to $94.4MJun 2, 2023 to Mar 8, 2024
- RAUM · $317M to $357MJun 2, 2023 to Mar 8, 2024
- Wrap assets (sponsor) · $317M to $357MJun 2, 2023 to Mar 8, 2024
- Accounts · 0 to 841May 2, 2023 to Jun 2, 2023
- Charity clients · unset to 8.0May 2, 2023 to Jun 2, 2023
- HNW clients · unset to 106.0May 2, 2023 to Jun 2, 2023
- Individual clients · unset to 90.0May 2, 2023 to Jun 2, 2023
- Pension plan clients · unset to 0.0May 2, 2023 to Jun 2, 2023
- Pooled vehicle clients · unset to 0.0May 2, 2023 to Jun 2, 2023
- Assets in custody · $0 to $17.5MMay 2, 2023 to Jun 2, 2023
- Discretionary RAUM · $0 to $235MMay 2, 2023 to Jun 2, 2023
Signals
2 dated events
- 3 advisors left W•••• F•••• A••••••• (Houston, TX) for J•••• W••••• M••••••••• L•• on the same dayMay 8, 2023 · Team lift-out · derived
- J•••• W••••• M••••••••• L•• filed its initial SEC registration (Form ADV)Feb 3, 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
- Principal office phone
- 713-714-8500reportedpublic record, Form ADV, Apr 2, 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
- $161Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026