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
S•••• W••••• M••••••••• L••
Latest filing Feb 23, 2026
First filing on the tape Aug 31, 2023 · 9 filings
SEC status approved since Sep 29, 2023
RAUM
$445M
reported, Item 5.F
Discretionary
92%
of RAUM
Private clients
38%
$171M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$111M
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$445M as of Feb 23, 2026
Mar 28, 2024$35.4M then
HNW client RAUM$136M as of Feb 23, 2026
Mar 28, 2024$24.7M then
State-registered IARs (5.B.3)3 as of Feb 23, 2026
Mar 28, 20241 then
Employees (5.A)6 as of Feb 23, 2026
Mar 28, 20243 then
Private funds: no history
RAUM +240% over the last fiscal yearIARs 1 to 3offices 1 to 2
Practice profile
derived from the filing of Feb 23, 2026; every figure names its basis
Archetypes, each a printed rule
- b••• affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
- RAUM per advisor
- $111MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 39derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.2MderivedHNW RAUM over HNW clients
- Average account
- $2.6MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 92%derivedof RAUM
- Institutional
- 11%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 1.3derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +240%derivedbetween the last two annual amendments
- Advisor growth, one year
- +200%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +69%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Ownership
- a bank, bancorp or trust company is a 50 percent or greater ownerderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Banks and thrifts$219M49%
- High-net-worth individuals$136M31%
- Pension and profit-sharing plans$35.5M8.0%
- Individuals$34.9M7.8%
- Charitable organizations$12.9M2.9%
- Corporations and businesses$6.6M1.5%
- Individual clients
- 115reported
- HNW clients
- 42reported
- Pension plan clients
- 1reported
- Charitable clients
- 4reported
- Accounts
- 168reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.38 fund_share=0.0 institutional_share=0.11 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| E••••• W•••••• K•••••Certified Financial Planner | Fredericksburg, Tx | Sep 29, 2023 | 21 y | 3 |
| R•••••• K••• M••••• | Fredericksburg, Tx | Mar 5, 2025 | 10 y | 0 |
| R••••• W• S•••••• | Kerrville, Tx | Sep 15, 2025 | 10 y | 1 |
| B•••••• S•••••• P••••• | Fredericksburg, Tx | Jun 19, 2026 | 11 y | 0 |
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
- R••••• W• S•••••• from E••••• J••••Sep 15, 2025 · Affiliated broker-dealer or bank to independent RIA
- E••••• W•••••• K••••• from A••••• P••••••• G••••• I•••Sep 29, 2023 · RIA to a newly registered adviser
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- K•••••• E•••••• W•••••• · Cco, Cio, Chief P••••••• Officercontrolsince 08/2023 · owns less than 5%
Entity owners
- S••••••• S•••• B••• A•• T•••• · Sole Memberdirect · owns 75% or more
- S••••••• H•••••• C•••••• · Ownerindirect · owns 75% or more of S••••••• S•••• B••• A•• T••••
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 |
|---|---|---|---|---|---|
| Fredericksburg, Tx · principal | 4 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
6 against comparable advisers; where to look, not conclusions
- wealth to institutional shiftCombination · filing Feb 23, 2026private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $131,038,703 to $445,050,258, advisors 1 to 3, private clients 93 to 157, offices 1 to 2 (2025-04-07 to 2026-02-23)peers: independent wealth managers, $100M to $500M (5,678)
- RAUM up 50 %Change between filings · filing Feb 23, 2026RAUM (Item 5.F) moved from $131,038,703 to $445,050,258 (+240.0%) between the annual amendments of 2025-04-07 and 2026-02-23; the peer median change was +15.0% (4549 comparable advisers, 100.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,549) · 100% percentile
- HNW share shiftChange between filings · filing Feb 23, 2026HNW share of RAUM moved from 58.0% to 31.0% between the annual amendments of 2025-04-07 and 2026-02-23peers: independent wealth managers, $100M to $500M (5,678)
- account count collapseChange between filings · filing Feb 23, 2026accounts (Item 5.F.2.f) moved from 361.0 to 168.0 (-53.0%) between the annual amendments of 2025-04-07 and 2026-02-23; the peer median change was +5.0% (3686 comparable advisers, 3.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,686) · 2.7% percentile
- client mix shiftChange between filings · filing Feb 23, 2026private-client share of RAUM moved from 74.0% to 38.0% between the annual amendments of 2025-04-07 and 2026-02-23peers: independent wealth managers, $100M to $500M (5,678)
- institutional asset share shiftChange between filings · filing Feb 23, 2026institutional share of RAUM moved from 26.0% to 62.0% between the annual amendments of 2025-04-07 and 2026-02-23peers: independent wealth managers, $100M to $500M (5,678)
What changed
consecutive filings, newest first
- Accounts · 361 to 168Apr 7, 2025 to Jan 27, 2026
- Advisory employees · 1 to 3Apr 7, 2025 to Jan 27, 2026
- Charity clients · unset to 4.0Apr 7, 2025 to Jan 27, 2026
- Corporate clients · 4 to 5Apr 7, 2025 to Jan 27, 2026
- HNW clients · 26 to 42Apr 7, 2025 to Jan 27, 2026
- Individual clients · 67 to 115Apr 7, 2025 to Jan 27, 2026
- Employees · 3 to 6Apr 7, 2025 to Jan 27, 2026
- Financial planning clients · 11-25 to 51-100Apr 7, 2025 to Jan 27, 2026
- State-registered IARs · 1 to 3Apr 7, 2025 to Jan 27, 2026
- Other offices · 1 to 2Apr 7, 2025 to Jan 27, 2026
- Discretionary RAUM · $102M to $410MApr 7, 2025 to Jan 27, 2026
- HNW RAUM · $76.1M to $136MApr 7, 2025 to Jan 27, 2026
- Individual RAUM · $20.4M to $34.9MApr 7, 2025 to Jan 27, 2026
- Non-discretionary RAUM · $28.8M to $35.5MApr 7, 2025 to Jan 27, 2026
- Pension RAUM · $28.8M to $35.5MApr 7, 2025 to Jan 27, 2026
- RAUM · $131M to $445MApr 7, 2025 to Jan 27, 2026
- Accounts · 193 to 361Dec 6, 2024 to Apr 7, 2025
- Advisory activities · 3 to 2Dec 6, 2024 to Apr 7, 2025
- Financial planning clients · 0 to 11-25Dec 6, 2024 to Apr 7, 2025
- Other offices · 0 to 1Dec 6, 2024 to Apr 7, 2025
- Discretionary RAUM · $71.3M to $102MDec 6, 2024 to Apr 7, 2025
- HNW RAUM · $50.4M to $76.1MDec 6, 2024 to Apr 7, 2025
- Individual RAUM · $15.1M to $20.4MDec 6, 2024 to Apr 7, 2025
- Non-discretionary RAUM · $28.7M to $28.8MDec 6, 2024 to Apr 7, 2025
- Pension RAUM · $28.7M to $28.8MDec 6, 2024 to Apr 7, 2025
- RAUM · $100M to $131MDec 6, 2024 to Apr 7, 2025
- Accounts · 105 to 193Mar 28, 2024 to Dec 6, 2024
- Corporate clients · 3 to 4Mar 28, 2024 to Dec 6, 2024
- HNW clients · 12 to 26Mar 28, 2024 to Dec 6, 2024
- Individual clients · 24 to 67Mar 28, 2024 to Dec 6, 2024
- Pension plan clients · unset to 1.0Mar 28, 2024 to Dec 6, 2024
- Discretionary RAUM · $35.4M to $71.3MMar 28, 2024 to Dec 6, 2024
- HNW RAUM · $24.7M to $50.4MMar 28, 2024 to Dec 6, 2024
- Individual RAUM · $4.8M to $15.1MMar 28, 2024 to Dec 6, 2024
- Non-discretionary RAUM · $0 to $28.7MMar 28, 2024 to Dec 6, 2024
- Pension RAUM · unset to 28711791.0Mar 28, 2024 to Dec 6, 2024
- RAUM · $35.4M to $100MMar 28, 2024 to Dec 6, 2024
- Accounts · unset to 105.0Jan 22, 2024 to Mar 28, 2024
- Corporate clients · unset to 3.0Jan 22, 2024 to Mar 28, 2024
- HNW clients · unset to 12.0Jan 22, 2024 to Mar 28, 2024
Signals
2 dated events
- S•••• W••••• M••••••••• L•• reported RAUM $445.1M, up 240% from $131.0M (2025-04-07 to 2026-01-27)Jan 27, 2026 · RAUM change · derived
- S•••• W••••• M••••••••• L•• filed its initial SEC registration (Form ADV)Aug 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
- Business phone
- 800-367-7576reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 800-500-1044reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 800-880-0649reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- s•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 830-997-7575reportedpublic record, Form ADV, Feb 23, 2026
- Contact form
- ssbtexas.com/hi-yall/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- ssbtexas.com/team-directoryreportedpublished by the firm, firm site, Sep 15, 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
- $111Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026