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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

S••••• A•••••••• L••

Independent wealth managerSan Diego, CaliforniaCRD 329415SEC 801-129342websiteIAPD
Latest filing Sep 14, 2026
First filing on the tape Dec 13, 2023 · 14 filings
SEC status approved since Jan 12, 2024
RAUM
$1.9B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
92%
$1.7B individuals and HNW
Advisors
68
registered through the firm on IAPD
RAUM per advisor
$27.6M
derived; firm RAUM over IAPD count
Employees
64
60 advisory (5.B.1)
Offices
7
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$1.9B as of Mar 27, 2026
Mar 31, 2025$1.3B then
HNW client RAUM$834M as of Mar 27, 2026
Mar 31, 2025$517M then
State-registered IARs (5.B.3)61 as of Mar 27, 2026
Mar 31, 202549 then
Employees (5.A)64 as of Mar 27, 2026
Mar 31, 202558 then
Private funds: no history
RAUM +43% over the last fiscal yearIARs 49 to 61offices 4 to 7
Practice profile
derived from the filing of Sep 14, 2026; every figure names its basis
Archetypes, each a printed rule
  • Multi-office growth platform · an independent wealth manager (not a wirehouse, national broker-dealer RIA or broker-dealer affiliated firm) with at least five offices, at least 50 advisors, and RAUM up at least 20 percent over the last annual amendment
  • 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
$27.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
58derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$305,517derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
6.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
0.9derivedItem 5.A over advisors
Advisors per office
8.5derived8 offices incl. principal (1.F.5)
RAUM growth, one year
+43%derivedbetween the last two annual amendments
Advisor growth, one year
+24%derivedItem 5.B.3 between annual amendments
Client growth, one year
+16%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$891M48%
  • High-net-worth individuals$834M44%
  • Pension and profit-sharing plans$105M5.6%
  • Corporations and businesses$31.2M1.7%
  • Charitable organizations$13.1M0.7%
Individual clients
3,563reported
HNW clients
355reported
Pension plan clients
59reported
Charitable clients
15reported
Accounts
6,135reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.92 fund_share=0.0 institutional_share=0.06 related_bd=false related_bank=false bd_reps=54.0derived
Advisors registered through the firm
61 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••••• A• S••••Chartered Financial ConsultantSan Diego, Ca Feb 23, 202429 y3
D••••• N• V•• D•••Chartered Financial ConsultantSan Diego, CaFeb 23, 202426 y3
J•••• C•••••••• L••••Chartered Financial ConsultantSan Diego, Ca Feb 23, 202426 y2
M•••••• C•••••• B•••••••San Diego, CaFeb 23, 202425 y3
E••• G••••• F••••San Diego, Ca Feb 23, 202422 y2
P•••••• C•••••• D• R••••San Diego, Ca Feb 23, 202421 y2
M•••••• E••••• C••••Certified Financial Planner, Chartered Financial ConsultantPasadena, Ca Feb 23, 202425 y3
W•••••• A•• F•••••••••Certified Financial PlannerSan Diego, Ca Feb 23, 202439 y4
T•••••• J••• V•••••San Diego, Ca Feb 23, 202438 y2
J•••• S•••••• J••••San Diego, Ca Feb 23, 202422 y4
T•••••• G••• A••••Certified Financial PlannerSan Diego, Ca Feb 23, 202434 y4
B•••• E••• S•••••••••Certified Financial PlannerCosta Mesa, Ca Feb 23, 202420 y4
J••••• S•••• B••••••Pasadena, Ca Feb 23, 202420 y4
C••• H•••• J••••••San Diego, CaFeb 23, 202433 y2
A••••••• S••••Certified Financial PlannerCosta Mesa, Ca Feb 23, 202432 y2
R••••••• S•••• P•••••Pasadena, Ca Feb 23, 202431 y3
R•••••• R•••••• G••••San Diego, CaFeb 23, 202414 y1
E•••• J••••• J•••••• M•••San Diego, Ca Feb 23, 202421 y2
S••••••• J•••••••••San Diego, Ca Feb 23, 202417 y1
D••••• K••Certified Financial PlannerSan Diego, Ca Feb 23, 202421 y2
S•••••• R•••• N•••••••Certified Financial PlannerPasadena, Ca Feb 23, 202411 y2
A••••• E••••Certified Financial PlannerSan Diego, Ca Feb 23, 202415 y2
A••••• P•••••• B••••San Diego, Ca Feb 23, 202413 y4
E•••• C••••••Certified Financial PlannerSan Diego, Ca Feb 23, 202411 y4
A••••• R•••••• B•••••Costa Mesa, Ca Feb 23, 202412 y3
C••••••••• J• K••••••San Diego, CaFeb 23, 202412 y4
B•••• M•••••• B••••••Certified Financial PlannerSan Diego, Ca Feb 23, 202414 y2
P••••• Y•••••Certified Financial PlannerPasadena, Ca Feb 23, 202410 y2
L••••••• B•••••• H•••••San Diego, Ca Feb 23, 202415 y3
J••• R••••• A•••••••Pasadena, Ca Feb 23, 202419 y4
D••••• J••••• H•••••••••Certified Financial PlannerSan Diego, Ca Feb 23, 202419 y3
P••• D•••• B•••••San Diego, Ca Feb 23, 202410 y1
M••• W•••••• P•••••Chartered Financial ConsultantSan Diego, CaMar 1, 202428 y2
B•••• R• Y••••San Diego, Ca Mar 5, 202416 y3
K•••••• R•••• H••••••••San Diego, Ca Mar 27, 202417 y2
J••••• C••• G•••••••San Diego, Ca Mar 28, 202417 y1
E••••• P•••••San Diego, CaMay 20, 202410 y1
E•••••• C•••••••• A•••••••San Diego, Ca Jun 5, 202411 y3
Z•••• K• S••••••••Certified Financial PlannerSan Diego, Ca Aug 13, 202412 y2
R••••• L••••••• W•••••••Certified Financial PlannerWoodland Hills, CaSep 24, 202431 y3
All 61 advisors at S••••• A•••••••• L••
Advisor movement
1 left, 5 joined in 12 months
net +4 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 1.5% of current headcount3 left over 36 months
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • A•••• E•••••••• · Chief Compliance Officercontrol
      since 02/2024 · owns less than 5%
    • J•••••• P•••• R•••••• · Ceocontrol
      since 02/2024 · owns less than 5%
    • M••••••••• J•••••• S••• · President And Cfocontrol
      since 12/2023 · owns less than 5%
    • J•••••• P•••• R•••••• · Ceocontrol
      since 02/2024 · owns 50% to 75% of S••••• U••• I•••
    • M••••••••• J•••••• S••• · President And Cfocontrol
      since 02/2024 · owns 25% to 50% of S••••• U••• I•••
    Entity owners
    • S••••• U••• I••• · Owner
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    • B••••• I•••••••• S••••••• I•••
      real estaten
    • G•••••• P•••••• I•••••••• S•••••••
      real estaten
    • S••••• I•••••••• S•••••••• I•••
      real estaten
    • S••••••• C••••••••• G••••
      insurancen
    • B••••• W••••• S•••••••••
      investment advisernRAUM $236M
    Advisers that list S••••• A•••••••• L•• as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    San Diego, Ca · principal4911
    Pasadena, Ca2620
    Costa Mesa, Ca2210
    Woodland Hills, Ca200
    Offices
    Schedule D 1.F, the 25 largest
    • Costa Mesa, CA19 employees
    • Pasadena, CA14 employees
    • San Diego, CA4 employees
    ADV anomalies
    2 against comparable advisers; where to look, not conclusions
    • RAUM up 25 %Change between filings · filing Mar 27, 2026
      RAUM (Item 5.F) moved from $1,308,617,291 to $1,874,347,252 (+43.0%) between the annual amendments of 2025-03-31 and 2026-03-27; the peer median change was +17.0% (1298 comparable advisers, 91.0th percentile of changes)
      peers: WEALTH_I•••••••••, $1B to $5B (1,298) · 91% percentile
    • office count surgeChange between filings · filing Mar 27, 2026
      offices other than the principal office (Item 1.F.5) moved from 4.0 to 7.0 (+75.0%) between the annual amendments of 2025-03-31 and 2026-03-27; the peer median change was 0.0% (379 comparable advisers, 96.0th percentile of changes)
      peers: WEALTH_I•••••••••, $1B to $5B (379) · 96% percentile
    How anomalies are measured
    What changed
    consecutive filings, newest first
    • Financial planning clients · 251-500 to 251-500
      Mar 27, 2026 to Sep 14, 2026
    • Succession · false to unset
      Mar 27, 2026 to Sep 14, 2026
    • Accounts · 4,470 to 6,135
      Dec 2, 2025 to Mar 27, 2026
    • Advisory employees · 53 to 60
      Dec 2, 2025 to Mar 27, 2026
    • BD registered reps · 50 to 54
      Dec 2, 2025 to Mar 27, 2026
    • Charity clients · 4 to 15
      Dec 2, 2025 to Mar 27, 2026
    • Corporate clients · 25 to 26
      Dec 2, 2025 to Mar 27, 2026
    • HNW clients · 230 to 355
      Dec 2, 2025 to Mar 27, 2026
    • Individual clients · 3,160 to 3,563
      Dec 2, 2025 to Mar 27, 2026
    • Pension plan clients · 52 to 59
      Dec 2, 2025 to Mar 27, 2026
    • Employees · 58 to 64
      Dec 2, 2025 to Mar 27, 2026
    • State-registered IARs · 49 to 61
      Dec 2, 2025 to Mar 27, 2026
    • Other offices · 5 to 7
      Dec 2, 2025 to Mar 27, 2026
    • Discretionary RAUM · $1.3B to $1.9B
      Dec 2, 2025 to Mar 27, 2026
    • HNW RAUM · $517M to $834M
      Dec 2, 2025 to Mar 27, 2026
    • Individual RAUM · $675M to $891M
      Dec 2, 2025 to Mar 27, 2026
    • Non-discretionary RAUM · $144,071 to $2.4M
      Dec 2, 2025 to Mar 27, 2026
    • Pension RAUM · $89.6M to $105M
      Dec 2, 2025 to Mar 27, 2026
    • RAUM · $1.3B to $1.9B
      Dec 2, 2025 to Mar 27, 2026
    • Other offices · 4 to 5
      Aug 5, 2025 to Oct 30, 2025
    • Advisory employees · 43 to 53
      Oct 1, 2024 to Mar 31, 2025
    • BD registered reps · 43 to 50
      Oct 1, 2024 to Mar 31, 2025
    • Charity clients · 5 to 4
      Oct 1, 2024 to Mar 31, 2025
    • Corporate clients · 21 to 25
      Oct 1, 2024 to Mar 31, 2025
    • HNW clients · 203 to 230
      Oct 1, 2024 to Mar 31, 2025
    • Individual clients · 2,650 to 3,160
      Oct 1, 2024 to Mar 31, 2025
    • Pension plan clients · 62 to 52
      Oct 1, 2024 to Mar 31, 2025
    • Employees · 43 to 58
      Oct 1, 2024 to Mar 31, 2025
    • Financial planning clients · 251-500 to 251-500
      Oct 1, 2024 to Mar 31, 2025
    • State-registered IARs · 43 to 49
      Oct 1, 2024 to Mar 31, 2025
    • Other offices · 3 to 4
      Oct 1, 2024 to Mar 31, 2025
    • Discretionary RAUM · $1.2B to $1.3B
      Oct 1, 2024 to Mar 31, 2025
    • HNW RAUM · $597M to $517M
      Oct 1, 2024 to Mar 31, 2025
    • Individual RAUM · $470M to $675M
      Oct 1, 2024 to Mar 31, 2025
    • Non-discretionary RAUM · $152,389 to $144,071
      Oct 1, 2024 to Mar 31, 2025
    • Pension RAUM · $78.7M to $89.6M
      Oct 1, 2024 to Mar 31, 2025
    • RAUM · $1.2B to $1.3B
      Oct 1, 2024 to Mar 31, 2025
    • Accounts · 3,480 to 4,470
      Aug 14, 2024 to Oct 1, 2024
    • Advisory employees · 45 to 43
      Aug 14, 2024 to Oct 1, 2024
    • BD registered reps · 44 to 43
      Aug 14, 2024 to Oct 1, 2024
    Signals
    12 dated events
    • S••••• A•••••••• L•• reported 61 state-registered advisory representatives, up from 49 (2025-12-02 to 2026-03-27)
      Mar 27, 2026 · Advisor headcount change · derived
    • S••••• A•••••••• L•• reported RAUM $1.9B, up 43% from $1.3B (2025-12-02 to 2026-03-27)
      Mar 27, 2026 · RAUM change · derived
    • K•••• R••• M••••••••• left S••••• A•••••••• L•• for D• M• B••••••• I••• (registered 2025-10-16)
      Sep 19, 2025 · Advisor changed firm · fact
    • 2 advisors left T•• W••••• C••••••••• G•••• (San Diego, CA) for S••••• A•••••••• L•• on the same day
      Mar 12, 2025 · Team lift-out · derived
    • D•••• M•••••• W••• left S••••• A•••••••• L•• for B•••••••• S••••••• A•• C••••••••• (registered 2025-11-16)
      Oct 16, 2024 · Advisor changed firm · fact
    • S••••• A•••••••• L•• reported RAUM $1.2B, up 39% from $841.6M (2024-08-14 to 2024-10-01)
      Oct 1, 2024 · RAUM change · derived
    • E•••• L••••• P• left S••••• A•••••••• L•• for M•• I•••••••• S•••••••• L•• (registered 2024-05-30)
      Apr 30, 2024 · Advisor changed firm · fact
    • S••••• A•••••••• L•• reported 45 state-registered advisory representatives, up from 2 (2024-03-26 to 2024-04-19)
      Apr 19, 2024 · Advisor headcount change · derived
    • S••••• A•••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Feb 22, 2024 · Succession (Item 4) · fact
    • Richard P••• J••••• (Ceo) appeared on Schedule A of S••••• A•••••••• L••
      Feb 22, 2024 · Control person joined · fact
    • E•••••••• E••••••• (Chief Compliance Officer) appeared on Schedule A of S••••• A•••••••• L••
      Feb 22, 2024 · Control person joined · fact
    • S••••• A•••••••• L•• filed its initial SEC registration (Form ADV)
      Dec 13, 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 email
    lani.morales@sovranadvisors.comreportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    619-281-9890reportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    619-357-0402reportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    626-755-2140reportedpublished by the firm, firm site, Sep 17, 2026
    Firm profile
    linkedin.com/company/sovran-advisorsreportedpublic record, Form ADV, Sep 18, 2026
    Website
    sovranadvisors.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    619-281-9890reportedpublic record, Form ADV, Sep 14, 2026
    Contact form
    sovranadvisors.com/contactreportedpublished 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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $27.6Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026