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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Former SEC-registered adviser
B••••• W••••• A••••••• L••
Latest filing Nov 8, 2023
First filing on the tape May 30, 2023 · 8 filings
RAUM
$53.3M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$53.3M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$26.6M
derived; firm RAUM over IAPD count
Employees
2
2 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$53.3M as of Nov 8, 2023
May 30, 2023$0 then
HNW client RAUM$47.0M as of Nov 8, 2023
Oct 4, 2023$47.0M then
State-registered IARs (5.B.3)2 as of Nov 8, 2023
May 30, 20232 then
Employees (5.A)2 as of Nov 8, 2023
May 30, 20232 then
Private funds: no history
Practice profile
derived from the filing of Nov 8, 2023; every figure names its basis
- RAUM per advisor
- $26.6MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 46derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $824,561derivedHNW RAUM over HNW clients
- Average account
- $285,027derivedRAUM 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
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- unknownderivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Custody
- $17.0M, 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$47.0M88%
- Individuals$6.3M12%
- Individual clients
- 34reported
- HNW clients
- 57reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 187reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $17.0M for 49 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- absent from the latest SEC rosterderived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| I••••••• H•••••• T•• | South San Francisco, Ca | Jun 29, 2023 | 17 y | 1 |
| R•••• S•••••• T•• | South San Francisco, Ca | Jun 29, 2023 | 29 y | 3 |
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
- I••••••• H•••••• T•• from I•• C••••••• L••Jun 29, 2023 · RIA to a newly registered adviser
- R•••• S•••••• T•• from A••••••••• F•••••••• S•••••••• L••Jun 29, 2023 · Affiliated broker-dealer or bank to a newly registered adviser
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- T••• I•••••••• H•••••• · Managing Member & Chief Compliance Officercontrolsince 06/2023 · owns 10% to 25%
- T••• R••••• S•••••• · Managing Membercontrolsince 06/2023 · owns 75% or more
- T••• D••••• S•••• · Managing Membersince 06/2023 · owns 10% to 25%
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 |
|---|---|---|---|---|---|
| South San Francisco, Ca · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 0 to 187Jul 7, 2023 to Oct 4, 2023
- HNW clients · unset to 57.0Jul 7, 2023 to Oct 4, 2023
- Individual clients · unset to 34.0Jul 7, 2023 to Oct 4, 2023
- Assets in custody · unset to 17000000.0Jul 7, 2023 to Oct 4, 2023
- Custody of client assets · false to trueJul 7, 2023 to Oct 4, 2023
- Discretionary RAUM · $0 to $53.3MJul 7, 2023 to Oct 4, 2023
- HNW RAUM · unset to 47000000.0Jul 7, 2023 to Oct 4, 2023
- Individual RAUM · unset to 6300000.0Jul 7, 2023 to Oct 4, 2023
- RAUM · $0 to $53.3MJul 7, 2023 to Oct 4, 2023
Signals
3 dated events
- H•••••• I••••••• Tam (Managing Member & Chief Compliance Officer) appeared on Schedule A of B••••• W••••• A••••••• L••Jun 29, 2023 · Control person joined · fact
- Shuwoon Randy Tam (Managing Member) appeared on Schedule A of B••••• W••••• A••••••• L••Jun 29, 2023 · Control person joined · fact
- B••••• W••••• A••••••• L•• filed its initial SEC registration (Form ADV)May 30, 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
- B•••••WEALTHADVISORY.COMreportedpublic record, Form ADV, Sep 18, 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
- Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $26.6Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026