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.

SEC-registered adviser

Topsail Wealth Management LLC

Independent wealth managerCharlotte, North CarolinaCRD 331098SEC 801-130245websiteIAPD
Latest filing Sep 16, 2026
First filing on the tape Apr 9, 2024 · 10 filings
SEC status approved since May 9, 2024
RAUM
$1.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$1.2B individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$327M
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$1.3B as of May 15, 2026
Mar 28, 2025$1.0B then
HNW client RAUM$1.2B as of May 15, 2026
Mar 28, 2025$940M then
State-registered IARs (5.B.3)4 as of May 15, 2026
Mar 28, 20253 then
Employees (5.A)5 as of May 15, 2026
Mar 28, 20253 then
Private funds: no history
RAUM +27% over the last fiscal yearIARs 3 to 4offices 0 to 2
Practice profile
derived from the filing of Sep 16, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$327MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
52derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$9.6MderivedHNW RAUM over HNW clients
Average account
$1.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
4.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
1.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+27%derivedbetween the last two annual amendments
Advisor growth, one year
+33%derivedItem 5.B.3 between annual amendments
Client growth, one year
-8.0%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Wrap fee program
$1.3BreportedItem 5.I
Custody
$706M, 188 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.2B93%
  • Charitable organizations$61.5M4.7%
  • Individuals$24.4M1.9%
  • Corporations and businesses$258,8440.0%
Individual clients
79reported
HNW clients
127reported
Pension plan clients
0reported
Charitable clients
2reported
Accounts
729reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$706M for 188 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.95 fund_share=0.0 institutional_share=0.05 related_bd= related_bank= bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Matthew Philip SnipesCertified Financial PlannerCharlotte, NcJul 1, 202420 y2
Sara Ruth WarntzCertified Financial PlannerCharlotte, NcJul 12, 202414 y2
Timothy John SchwiebertCharlotte, Nc Nov 12, 202429 y1
Matthew Elliott HenryCertified Financial PlannerCramerton, Nc Mar 6, 202610 y2
Advisor movement
0 left, 1 joined in 12 months
net +1 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
    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
      • Philip Matthew Snipes · Founder, Chief Executive Officer, Chief Compliance Officercontrol
        since 04/2022 · 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
      OfficeAdvisorsJoinedLeftTeams outForming
      Charlotte, Nc · principal410
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Financial planning clients · 0 to 0
        May 15, 2026 to Sep 16, 2026
      • Related adviser · false to unset
        May 15, 2026 to Sep 16, 2026
      • Related bank · false to unset
        May 15, 2026 to Sep 16, 2026
      • Related broker-dealer · false to unset
        May 15, 2026 to Sep 16, 2026
      • Related insurance company · false to unset
        May 15, 2026 to Sep 16, 2026
      • Succession · false to unset
        May 15, 2026 to Sep 16, 2026
      • Accounts · 597 to 729
        Sep 15, 2025 to Mar 12, 2026
      • Advisory employees · 3 to 4
        Sep 15, 2025 to Mar 12, 2026
      • Charity clients · 10 to 2
        Sep 15, 2025 to Mar 12, 2026
      • Corporate clients · 6 to 2
        Sep 15, 2025 to Mar 12, 2026
      • HNW clients · 168 to 127
        Sep 15, 2025 to Mar 12, 2026
      • Individual clients · 56 to 79
        Sep 15, 2025 to Mar 12, 2026
      • Assets in custody · $497M to $706M
        Sep 15, 2025 to Mar 12, 2026
      • Employees · 3 to 5
        Sep 15, 2025 to Mar 12, 2026
      • State-registered IARs · 3 to 4
        Sep 15, 2025 to Mar 12, 2026
      • Other offices · 1 to 2
        Sep 15, 2025 to Mar 12, 2026
      • Discretionary RAUM · $1.0B to $1.3B
        Sep 15, 2025 to Mar 12, 2026
      • HNW RAUM · $940M to $1.2B
        Sep 15, 2025 to Mar 12, 2026
      • Individual RAUM · $15.9M to $24.4M
        Sep 15, 2025 to Mar 12, 2026
      • RAUM · $1.0B to $1.3B
        Sep 15, 2025 to Mar 12, 2026
      • Financial planning clients · 0 to 0
        Jul 21, 2025 to Sep 15, 2025
      • Other offices · 0 to 1
        Mar 28, 2025 to Jul 21, 2025
      • Accounts · 475 to 597
        Oct 29, 2024 to Mar 28, 2025
      • Corporate clients · 2 to 6
        Oct 29, 2024 to Mar 28, 2025
      • HNW clients · 157 to 168
        Oct 29, 2024 to Mar 28, 2025
      • Individual clients · 37 to 56
        Oct 29, 2024 to Mar 28, 2025
      • Assets in custody · $454M to $497M
        Oct 29, 2024 to Mar 28, 2025
      • Discretionary RAUM · $876M to $1.0B
        Oct 29, 2024 to Mar 28, 2025
      • HNW RAUM · $814M to $940M
        Oct 29, 2024 to Mar 28, 2025
      • Individual RAUM · $9.4M to $15.9M
        Oct 29, 2024 to Mar 28, 2025
      • RAUM · $876M to $1.0B
        Oct 29, 2024 to Mar 28, 2025
      • Advisory activities · 2 to 3
        Sep 4, 2024 to Oct 29, 2024
      • Accounts · 0 to 475
        Jun 28, 2024 to Sep 4, 2024
      • Advisory employees · 1 to 3
        Jun 28, 2024 to Sep 4, 2024
      • Charity clients · unset to 10.0
        Jun 28, 2024 to Sep 4, 2024
      • Corporate clients · unset to 2.0
        Jun 28, 2024 to Sep 4, 2024
      • HNW clients · unset to 157.0
        Jun 28, 2024 to Sep 4, 2024
      • Individual clients · unset to 37.0
        Jun 28, 2024 to Sep 4, 2024
      • Pension plan clients · unset to 0.0
        Jun 28, 2024 to Sep 4, 2024
      • Pooled vehicle clients · unset to 0.0
        Jun 28, 2024 to Sep 4, 2024
      Signals
      3 dated events
      • Topsail Wealth Management Llc reported RAUM $1.3B, up 27% from $1.0B (2025-09-15 to 2026-03-12)
        Mar 12, 2026 · RAUM change · derived
      • 2 advisors left Independent Advisor Alliance, LLC (Charlotte, NC) for Topsail Wealth Management LLC on the same day
        Jul 1, 2024 · Team lift-out · derived
      • Topsail Wealth Management Llc filed its initial SEC registration (Form ADV)
        Apr 9, 2024 · 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
      Firm profile
      linkedin.com/company/topsail-wealth-managementreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      980-308-9901reportedpublic record, Form ADV, 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
      $327Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026