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
W•••• F•••••••• P•••••••• L••
Latest filing Jun 25, 2026
First filing on the tape Dec 22, 2023 · 12 filings
SEC status approved since Jan 19, 2024
RAUM
$198M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$198M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$66.0M
derived; firm RAUM over IAPD count
Employees
6
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$198M as of Jun 25, 2026
Mar 14, 2025$146M then
HNW client RAUM$143M as of Jun 25, 2026
Mar 14, 2025$108M then
State-registered IARs (5.B.3)2 as of Jun 25, 2026
Mar 14, 20252 then
Employees (5.A)6 as of Jun 25, 2026
Mar 14, 20256 then
Private funds: no history
RAUM +36% over the last fiscal yearIARs 2 to 2
Practice profile
derived from the filing of Jun 25, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $66.0MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 52derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.6MderivedHNW RAUM over HNW clients
- Average account
- $385,400derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +36%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +9.8%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$143M72%
- Individuals$55.5M28%
- Individual clients
- 103reported
- HNW clients
- 54reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 514reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| L••• A•• C••••Certified Financial Planner | Boulder, Co | Feb 27, 2024 | 11 y | 3 |
| T••• D•••• W••••Certified Financial Planner | Boulder, Co | Feb 29, 2024 | 24 y | 5 |
| R•••• A•• C•••• | Boulder, Co | Jun 22, 2026 | 15 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
- T••• D•••• W•••• from W••••••••• P•••••••Feb 29, 2024 · RIA to a newly registered adviser
- L••• A•• C•••• from W••••••••• P•••••••Feb 27, 2024 · RIA to a newly registered adviser
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from W••••••••• P•••••••Mar 1, 2024 · Omaha, Ne
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- W••••• T•••• D•••• · Managing Member, Ccocontrolsince 11/2007 · owns 75% or more
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 |
|---|---|---|---|---|---|
| Boulder, Co · principal | 3 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM up 25 %Change between filings · filing Feb 25, 2026RAUM (Item 5.F) moved from $145,551,100 to $198,095,637 (+36.0%) between the annual amendments of 2025-03-14 and 2026-02-25; the peer median change was +15.0% (4550 comparable advisers, 91.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,550) · 91% percentile
What changed
consecutive filings, newest first
- Accounts · 464 to 514Nov 4, 2025 to Feb 25, 2026
- HNW clients · 50 to 54Nov 4, 2025 to Feb 25, 2026
- Individual clients · 93 to 103Nov 4, 2025 to Feb 25, 2026
- Discretionary RAUM · $146M to $198MNov 4, 2025 to Feb 25, 2026
- HNW RAUM · $108M to $143MNov 4, 2025 to Feb 25, 2026
- Individual RAUM · $37.5M to $55.5MNov 4, 2025 to Feb 25, 2026
- RAUM · $146M to $198MNov 4, 2025 to Feb 25, 2026
- Accounts · 420 to 464Nov 6, 2024 to Mar 14, 2025
- HNW clients · 47 to 50Nov 6, 2024 to Mar 14, 2025
- Individual clients · 80 to 93Nov 6, 2024 to Mar 14, 2025
- Financial planning clients · 1-10 to 1-10Nov 6, 2024 to Mar 14, 2025
- Discretionary RAUM · $124M to $146MNov 6, 2024 to Mar 14, 2025
- HNW RAUM · $91.9M to $108MNov 6, 2024 to Mar 14, 2025
- Individual RAUM · $32.0M to $37.5MNov 6, 2024 to Mar 14, 2025
- RAUM · $124M to $146MNov 6, 2024 to Mar 14, 2025
- Accounts · unset to 420.0Mar 22, 2024 to May 6, 2024
- Charity clients · 0.0 to unsetMar 22, 2024 to May 6, 2024
- Corporate clients · 0.0 to unsetMar 22, 2024 to May 6, 2024
- HNW clients · 0 to 47Mar 22, 2024 to May 6, 2024
- Individual clients · 0 to 80Mar 22, 2024 to May 6, 2024
- Pension plan clients · 0.0 to unsetMar 22, 2024 to May 6, 2024
- Pooled vehicle clients · 0.0 to unsetMar 22, 2024 to May 6, 2024
- Financial planning clients · 0 to 1-10Mar 22, 2024 to May 6, 2024
- Discretionary RAUM · unset to 123935015.0Mar 22, 2024 to May 6, 2024
- HNW RAUM · $0 to $91.9MMar 22, 2024 to May 6, 2024
- Individual RAUM · $0 to $32.0MMar 22, 2024 to May 6, 2024
- Non-discretionary RAUM · unset to 0.0Mar 22, 2024 to May 6, 2024
- Pension RAUM · 0.0 to unsetMar 22, 2024 to May 6, 2024
- Pooled vehicle RAUM · 0.0 to unsetMar 22, 2024 to May 6, 2024
- RAUM · unset to 123935015.0Mar 22, 2024 to May 6, 2024
- Advisory employees · 1 to 2Jan 15, 2024 to Feb 28, 2024
- Advisory activities · 4 to 3Jan 15, 2024 to Feb 28, 2024
- Employees · 1 to 6Jan 15, 2024 to Feb 28, 2024
- State-registered IARs · 1 to 2Jan 15, 2024 to Feb 28, 2024
- Related insurance company · false to trueJan 15, 2024 to Feb 28, 2024
Signals
2 dated events
- 2 advisors left W••••••••• P••••••• (Omaha, NE) for W•••• F•••••••• P•••••••• L•• on the same dayMar 1, 2024 · Team lift-out · derived
- W•••• F•••••••• P•••••••• L•• filed its initial SEC registration (Form ADV)Dec 22, 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
- 303-939-8766reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/72293142reportedpublic record, Form ADV, Sep 18, 2026
- Website
- welchfp.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 303-939-8766reportedpublic record, Form ADV, Jun 25, 2026
- Team page
- welchfp.com/meet-the-teamreportedpublished by the firm, firm site, Sep 16, 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
- $66.0Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026