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
B•• W••••• A•••••••• L••
Latest filing Jan 28, 2026
First filing on the tape May 31, 2023 · 12 filings
SEC status approved since Jun 30, 2023
RAUM
$268M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
20%
$54.4M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$89.4M
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
15
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$268M as of Jan 28, 2026
Jan 23, 2024$35.3M then
HNW client RAUM$46.4M as of Jan 28, 2026
Jan 23, 2024$32.9M then
State-registered IARs (5.B.3)3 as of Jan 28, 2026
Jan 23, 20242 then
Employees (5.A)6 as of Jan 28, 2026
Jan 23, 20243 then
Private funds: no history
RAUM +438% over the last fiscal yearIARs 2 to 3offices 7 to 15
Practice profile
derived from the filing of Jan 28, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
- Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RAUM per advisor
- $89.4MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 20derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.4MderivedHNW RAUM over HNW clients
- Average account
- $2.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 71%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 0.2derived16 offices incl. principal (1.F.5)
- RAUM growth, one year
- +438%derivedbetween the last two annual amendments
- Advisor growth, one year
- +50%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +44%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 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
- Financial planning clients
- 1,000reportedItem 5.H
- 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)
- compensates persons for client referrals (8.G.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pension and profit-sharing plans$190M71%
- High-net-worth individuals$46.4M17%
- Corporations and businesses$23.3M8.7%
- Individuals$7.9M2.9%
- Charitable organizations$558,1560.2%
- Individual clients
- 26reported
- HNW clients
- 33reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 128reported
- Financial planning clients
- 1,000reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.2 fund_share=0.0 institutional_share=0.71 related_bd=false related_bank=false bd_reps=3.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
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
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- D••••••••• B••••• P• · Secretarycontrolsince 01/2023 · owns less than 5%
- S••••••• C•••• A•••••• · Presidentcontrolsince 01/2023 · owns less than 5%
- W••••••• J••••• K•••••• · Ceocontrolsince 01/2023 · owns less than 5%
- W•••••• M••••••• D••••• · Director/Chief Compliance Officercontrolsince 03/2023 · owns less than 5%
Entity owners
- B••• L•• · Sole Memberdirect · owns 75% or more
Related persons
Schedule D 7.A
- B••• L••insurancey
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| San Francisco, Ca · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Irvine, CA2 employees
- Las Vegas, NV2 employees
- Long Beach, CA2 employees
- Sacramento, CA2 employees
- San Jose, CA2 employees
- Santa Monica, CA2 employees
- Santa Rosa, CA2 employees
- Walnut Creek, CA2 employees
ADV anomalies
5 against comparable advisers; where to look, not conclusions
- high institutional concentrationStatic outlier · filing Jan 28, 2026institutional share of RAUM of 71% against a peer median of 0% (5676 comparable advisers, 100.0th percentile, 23.9 robust deviations)peers: independent wealth managers, $100M to $500M (5,676) · 100% percentile
- HNW share shiftChange between filings · filing Jan 28, 2026HNW share of RAUM moved from 93.0% to 17.0% between the annual amendments of 2025-03-19 and 2026-01-28peers: independent wealth managers, $100M to $500M (5,676)
- client mix shiftChange between filings · filing Jan 28, 2026private-client share of RAUM moved from 99.0% to 20.0% between the annual amendments of 2025-03-19 and 2026-01-28peers: independent wealth managers, $100M to $500M (5,676)
- institutional asset share shiftChange between filings · filing Jan 28, 2026institutional share of RAUM moved from 1.0% to 80.0% between the annual amendments of 2025-03-19 and 2026-01-28peers: independent wealth managers, $100M to $500M (5,676)
- office count surgeChange between filings · filing Jan 28, 2026offices other than the principal office (Item 1.F.5) moved from 7.0 to 15.0 (+114.0%) between the annual amendments of 2025-03-19 and 2026-01-28; the peer median change was 0.0% (450 comparable advisers, 100.0th percentile of changes)peers: independent wealth managers, $100M to $500M (450) · 100% percentile
What changed
consecutive filings, newest first
- Accounts · 83 to 128Sep 12, 2025 to Jan 28, 2026
- Advisory employees · 2 to 3Sep 12, 2025 to Jan 28, 2026
- Advisory activities · 5 to 6Sep 12, 2025 to Jan 28, 2026
- HNW clients · 25 to 33Sep 12, 2025 to Jan 28, 2026
- Individual clients · 16 to 26Sep 12, 2025 to Jan 28, 2026
- Employees · 3 to 6Sep 12, 2025 to Jan 28, 2026
- Insurance-licensed employees · 2 to 3Sep 12, 2025 to Jan 28, 2026
- Financial planning clients · 101-250 to More than 500Sep 12, 2025 to Jan 28, 2026
- State-registered IARs · 2 to 3Sep 12, 2025 to Jan 28, 2026
- Other offices · 7 to 15Sep 12, 2025 to Jan 28, 2026
- Discretionary RAUM · $49.9M to $268MSep 12, 2025 to Jan 28, 2026
- HNW RAUM · $46.5M to $46.4MSep 12, 2025 to Jan 28, 2026
- Individual RAUM · $3.1M to $7.9MSep 12, 2025 to Jan 28, 2026
- Pension RAUM · unset to 190098362.0Sep 12, 2025 to Jan 28, 2026
- RAUM · $49.9M to $268MSep 12, 2025 to Jan 28, 2026
- Financial planning clients · 101-250 to 101-250Jan 29, 2025 to Mar 19, 2025
- Accounts · 58 to 83Oct 29, 2024 to Jan 29, 2025
- HNW clients · 16 to 25Oct 29, 2024 to Jan 29, 2025
- Individual clients · 13 to 16Oct 29, 2024 to Jan 29, 2025
- Financial planning clients · 51-100 to 101-250Oct 29, 2024 to Jan 29, 2025
- Other offices · 8 to 7Oct 29, 2024 to Jan 29, 2025
- Discretionary RAUM · $35.3M to $49.9MOct 29, 2024 to Jan 29, 2025
- HNW RAUM · $32.9M to $46.5MOct 29, 2024 to Jan 29, 2025
- Individual RAUM · $2.3M to $3.1MOct 29, 2024 to Jan 29, 2025
- RAUM · $35.3M to $49.9MOct 29, 2024 to Jan 29, 2025
- Other offices · 9 to 8Jan 23, 2024 to Oct 29, 2024
- Accounts · 0 to 58Jan 2, 2024 to Jan 23, 2024
- HNW clients · unset to 16.0Jan 2, 2024 to Jan 23, 2024
- Individual clients · unset to 13.0Jan 2, 2024 to Jan 23, 2024
- Financial planning clients · 0 to 51-100Jan 2, 2024 to Jan 23, 2024
- Discretionary RAUM · $0 to $35.3MJan 2, 2024 to Jan 23, 2024
- HNW RAUM · unset to 32937373.0Jan 2, 2024 to Jan 23, 2024
- Individual RAUM · unset to 2342230.0Jan 2, 2024 to Jan 23, 2024
- RAUM · $0 to $35.3MJan 2, 2024 to Jan 23, 2024
Signals
2 dated events
- B•• W••••• A•••••••• L•• reported 15 offices beyond its principal office, up from 7 (2025-09-12 to 2026-01-28)Jan 28, 2026 · Office count change · derived
- B•• W••••• A•••••••• L•• filed its initial SEC registration (Form ADV)May 31, 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
- Website
- w••.b••.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 415-421-5757reportedpublic record, Form ADV, Jan 28, 2026
- Contact form
- b••.comreportedpublished by the firm, firm site, Sep 17, 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
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $89.4Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026