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

B•••••• W••••• A•••••••

Independent wealth managerWilliamsville, New YorkCRD 332035SEC 801-130680websiteIAPD
Legal name B•••••• W••••• A••••••• I••
Latest filing Mar 9, 2026
First filing on the tape Jun 13, 2024 · 9 filings
SEC status approved since Jul 12, 2024
RAUM
$110M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$107M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$55.0M
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
9 filings and snapshots on the tape
RAUM$110M as of Mar 9, 2026
Jan 24, 2025$92.5M then
HNW client RAUM$57.5M as of Mar 9, 2026
Jan 24, 2025$55.0M then
State-registered IARs (5.B.3)2 as of Mar 9, 2026
Jan 24, 20252 then
Employees (5.A)2 as of Mar 9, 2026
Jan 24, 20252 then
Private funds: no history
RAUM +19% over the last fiscal yearIARs 2 to 2
Practice profile
derived from the filing of Mar 9, 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
$55.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
109derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$199,457derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.8%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
+19%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-8.8%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
Ownership
controlled by a public reporting companyderived
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)
  • an independent public accountant performs a surprise examination (9.C.1)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$57.5M52%
  • Individuals$49.5M45%
  • Pension and profit-sharing plans$3.1M2.8%
Individual clients
195reported
HNW clients
23reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
552reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S••••• D••••• W•••••Certified Financial PlannerWilliamsville, NyOct 11, 202420 y3
G••••• P•••• H•••••Certified Financial PlannerWilliamsville, NyOct 11, 202432 y3
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
    Teams: two or more advisors moving together within fourteen days, from one state
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • H•••••• G•••••• P•••• · Principal Owner And Iarcontrol
        since 06/2024 · owns 50% to 75%
      • W•••••• S•••••• D••••• · Chief Compliance Officercontrol
        since 06/2024 · owns 25% to 50%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Williamsville, Ny · principal200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 547 to 552
        Sep 3, 2025 to Feb 25, 2026
      • HNW clients · 38 to 23
        Sep 3, 2025 to Feb 25, 2026
      • Individual clients · 201 to 195
        Sep 3, 2025 to Feb 25, 2026
      • Financial planning clients · 11-25 to 101-250
        Sep 3, 2025 to Feb 25, 2026
      • Discretionary RAUM · $92.5M to $110M
        Sep 3, 2025 to Feb 25, 2026
      • HNW RAUM · $55.0M to $57.5M
        Sep 3, 2025 to Feb 25, 2026
      • Individual RAUM · $33.0M to $49.5M
        Sep 3, 2025 to Feb 25, 2026
      • Pension RAUM · $4.5M to $3.1M
        Sep 3, 2025 to Feb 25, 2026
      • RAUM · $92.5M to $110M
        Sep 3, 2025 to Feb 25, 2026
      • Accounts · 251 to 547
        Oct 28, 2024 to Jan 24, 2025
      • HNW clients · 30 to 38
        Oct 28, 2024 to Jan 24, 2025
      • Individual clients · 32 to 201
        Oct 28, 2024 to Jan 24, 2025
      • Financial planning clients · 0 to 11-25
        Oct 28, 2024 to Jan 24, 2025
      • Discretionary RAUM · $74.0M to $92.5M
        Oct 28, 2024 to Jan 24, 2025
      • HNW RAUM · $50.0M to $55.0M
        Oct 28, 2024 to Jan 24, 2025
      • Individual RAUM · $24.0M to $33.0M
        Oct 28, 2024 to Jan 24, 2025
      • Pension RAUM · unset to 4500000.0
        Oct 28, 2024 to Jan 24, 2025
      • RAUM · $74.0M to $92.5M
        Oct 28, 2024 to Jan 24, 2025
      • Accounts · 0 to 251
        Aug 26, 2024 to Oct 10, 2024
      • HNW clients · unset to 30.0
        Aug 26, 2024 to Oct 10, 2024
      • Individual clients · unset to 32.0
        Aug 26, 2024 to Oct 10, 2024
      • Discretionary RAUM · $0 to $74.0M
        Aug 26, 2024 to Oct 10, 2024
      • HNW RAUM · unset to 50000000.0
        Aug 26, 2024 to Oct 10, 2024
      • Individual RAUM · unset to 24000000.0
        Aug 26, 2024 to Oct 10, 2024
      • RAUM · $0 to $74.0M
        Aug 26, 2024 to Oct 10, 2024
      Signals
      2 dated events
      • 2 advisors left C•••••• A••••••• (Getzville, NY) for B•••••• W••••• A••••••• on the same day
        Aug 27, 2024 · Team lift-out · derived
      • B•••••• W••••• A••••••• filed its initial SEC registration (Form ADV)
        Jun 13, 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
      Business phone
      716-580-1500reportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      716-837-3335reportedpublished by the firm, firm site, Sep 16, 2026
      Website
      benthamwealth.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      (716) 580-1500reportedpublic record, Form ADV, Mar 9, 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
      $55.0Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026