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

N••••••• F•••••••• L••

Other adviserSalt Lake City, UtahCRD 325945SEC 801-128078websiteIAPD
Latest filing Jan 30, 2026
First filing on the tape May 1, 2023 · 8 filings
SEC status approved since Jun 1, 2023
RAUM
$338M
reported, Item 5.F
Discretionary
24%
of RAUM
Private clients
15%
$50.0M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$113M
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
8 filings and snapshots on the tape
RAUM$338M as of Jan 30, 2026
Mar 15, 2024$267M then
HNW client RAUM$9.5M as of Jan 30, 2026
Mar 15, 2024$5.1M then
State-registered IARs (5.B.3)3 as of Jan 30, 2026
Mar 15, 20241 then
Employees (5.A)3 as of Jan 30, 2026
Mar 15, 20242 then
Private funds: no history
RAUM +13% over the last fiscal yearIARs 2 to 3
Practice profile
derived from the filing of Jan 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
  • 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
$113MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
40derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.6MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
24%derivedof RAUM
Institutional
85%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
+13%derivedbetween the last two annual amendments
Advisor growth, one year
+50%derivedItem 5.B.3 between annual amendments
Client growth, one year
+12%derived
Compensation
percentage of assets, hourly, fixed fees, subscriptionreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, educational seminarsreportedItem 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$287M85%
  • Individuals$40.5M12%
  • High-net-worth individuals$9.5M2.8%
  • Corporations and businesses$1.4M0.4%
Individual clients
115reported
HNW clients
6reported
Pension plan clients
38reported
Charitable clients
n/areported
Accounts
278reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.15 fund_share=0.0 institutional_share=0.85 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
B••••••• W••• D•••••Salt Lake City, UtJun 1, 202324 y3
D••••• M••••• B••••••Salt Lake City, UtNov 25, 202410 y0
M•••••• J••• P•••••••Salt Lake City, UtJun 24, 202610 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
Left, latest
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • D•••••• B•••••••• W••• · Member & Chief Compliance Officercontrol
      since 06/2023 · owns 50% to 75%
    • S••••• T•••••• · Membercontrol
      since 06/2023 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Salt Lake City, Ut · principal310
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 237 to 278
      Feb 18, 2025 to Jan 30, 2026
    • Advisory employees · 2 to 3
      Feb 18, 2025 to Jan 30, 2026
    • HNW clients · 10 to 6
      Feb 18, 2025 to Jan 30, 2026
    • Individual clients · 98 to 115
      Feb 18, 2025 to Jan 30, 2026
    • Pension plan clients · 47 to 38
      Feb 18, 2025 to Jan 30, 2026
    • Employees · 2 to 3
      Feb 18, 2025 to Jan 30, 2026
    • State-registered IARs · 2 to 3
      Feb 18, 2025 to Jan 30, 2026
    • Discretionary RAUM · $69.5M to $79.6M
      Feb 18, 2025 to Jan 30, 2026
    • HNW RAUM · $15.4M to $9.5M
      Feb 18, 2025 to Jan 30, 2026
    • Individual RAUM · $25.6M to $40.5M
      Feb 18, 2025 to Jan 30, 2026
    • Non-discretionary RAUM · $231M to $258M
      Feb 18, 2025 to Jan 30, 2026
    • Pension RAUM · $258M to $287M
      Feb 18, 2025 to Jan 30, 2026
    • RAUM · $300M to $338M
      Feb 18, 2025 to Jan 30, 2026
    • Accounts · 135 to 237
      Sep 4, 2024 to Feb 18, 2025
    • Advisory employees · 1 to 2
      Sep 4, 2024 to Feb 18, 2025
    • HNW clients · 4 to 10
      Sep 4, 2024 to Feb 18, 2025
    • Individual clients · 78 to 98
      Sep 4, 2024 to Feb 18, 2025
    • Pension plan clients · 51 to 47
      Sep 4, 2024 to Feb 18, 2025
    • Financial planning clients · 51-100 to 101-250
      Sep 4, 2024 to Feb 18, 2025
    • State-registered IARs · 1 to 2
      Sep 4, 2024 to Feb 18, 2025
    • Discretionary RAUM · $50.2M to $69.5M
      Sep 4, 2024 to Feb 18, 2025
    • HNW RAUM · $7.1M to $15.4M
      Sep 4, 2024 to Feb 18, 2025
    • Individual RAUM · $24.0M to $25.6M
      Sep 4, 2024 to Feb 18, 2025
    • Non-discretionary RAUM · $218M to $231M
      Sep 4, 2024 to Feb 18, 2025
    • Pension RAUM · $236M to $258M
      Sep 4, 2024 to Feb 18, 2025
    • RAUM · $268M to $300M
      Sep 4, 2024 to Feb 18, 2025
    • Corporate clients · unset to 2.0
      Mar 15, 2024 to Sep 4, 2024
    • Discretionary RAUM · $56.4M to $50.2M
      Mar 15, 2024 to Sep 4, 2024
    • HNW RAUM · $5.1M to $7.1M
      Mar 15, 2024 to Sep 4, 2024
    • Individual RAUM · $26.2M to $24.0M
      Mar 15, 2024 to Sep 4, 2024
    • Non-discretionary RAUM · $211M to $218M
      Mar 15, 2024 to Sep 4, 2024
    • Pension RAUM · $235M to $236M
      Mar 15, 2024 to Sep 4, 2024
    • RAUM · $267M to $268M
      Mar 15, 2024 to Sep 4, 2024
    • Succession · true to false
      Mar 15, 2024 to Sep 4, 2024
    • Accounts · 137 to 135
      Jul 27, 2023 to Mar 15, 2024
    • Advisory activities · 4 to 5
      Jul 27, 2023 to Mar 15, 2024
    • Corporate clients · 3.0 to unset
      Jul 27, 2023 to Mar 15, 2024
    • HNW clients · 6 to 4
      Jul 27, 2023 to Mar 15, 2024
    • Individual clients · 76 to 78
      Jul 27, 2023 to Mar 15, 2024
    • Pension plan clients · 52 to 51
      Jul 27, 2023 to Mar 15, 2024
    Signals
    4 dated events
    • N••••••• F•••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Mar 15, 2024 · Succession (Item 4) · fact
    • Tiffany Smith (Managing Member) appeared on Schedule A of N••••••• F•••••••• L••
      Jun 1, 2023 · Control person joined · fact
    • West Benjamin Driggs (Chief Compliance Officer) appeared on Schedule A of N••••••• F•••••••• L••
      Jun 1, 2023 · Control person joined · fact
    • N••••••• F•••••••• L•• filed its initial SEC registration (Form ADV)
      May 1, 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
    navigatefinancial.comreportedpublic record, Form ADV, Sep 19, 2026
    Principal office phone
    801-905-1644reportedpublic record, Form ADV, Jan 30, 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
    $113Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026