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

I•• A••••••• L••

Independent wealth managerLos Angeles, CaliforniaCRD 332157SEC 801-130735websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Jun 24, 2024 · 5 filings
SEC status approved since Jul 24, 2024
RAUM
$2.3B
reported, Item 5.F
Discretionary
75%
of RAUM
Private clients
89%
$2.1B individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$260M
derived; firm RAUM over IAPD count
Employees
18
9 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
3
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$2.3B as of Mar 30, 2026
Mar 31, 2025$2.3B then
HNW client RAUM$2.1B as of Mar 30, 2026
Mar 31, 2025$2.3B then
State-registered IARs (5.B.3)9 as of Mar 30, 2026
Mar 31, 20257 then
Employees (5.A)18 as of Mar 30, 2026
Mar 31, 202517 then
Private funds3 as of Mar 30, 2026
Mar 31, 20251 then
RAUM +0.3% over the last fiscal yearIARs 7 to 9
Practice profile
derived from the filing of Mar 30, 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
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$260MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
38derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$7.7MderivedHNW RAUM over HNW clients
Average account
$1.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
75%derivedof RAUM
Institutional
7.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
4.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+0.3%derivedbetween the last two annual amendments
Advisor growth, one year
+29%derivedItem 5.B.3 between annual amendments
Client growth, one year
+86%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Wrap fee program
$1.8BreportedItem 5.I
Custody
$443M, 176 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.1B89%
  • Charitable organizations$154M6.6%
  • Corporations and businesses$69.4M3.0%
  • Pension and profit-sharing plans$26.5M1.1%
  • Individuals$15.1M0.6%
Individual clients
74reported
HNW clients
270reported
Pension plan clients
15reported
Charitable clients
13reported
Accounts
2,054reported
Financial planning clients
101-250reported
Wrap fee programs
$1.8B sponsored, $1.5B managedreported
Custody of client assets
$443M for 176 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.89 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M••• A•••• A•••••••Los Angeles, CaNov 6, 202426 y4
R•• B••••• J••••Los Angeles, CaNov 6, 202425 y3
F••••••• D••• V••••••Los Angeles, CaNov 6, 202422 y4
E••• T••••• Z•••••••Certified Financial PlannerLos Angeles, CaNov 6, 202422 y2
C•••• W• T•••••Charleston, Sc Nov 6, 202413 y1
M•••• M••••••Los Angeles, CaNov 6, 202427 y2
N••••• P•••••••Los Angeles, CaNov 6, 202411 y1
M•••••• M•••••Los Angeles, CaMar 30, 202611 y1
K•••••• S• R••••••Los Angeles, CaMar 30, 202615 y2
Advisor movement
0 left, 2 joined in 12 months
net +2 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
    3 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    I•• C•••••• L••$4.9M38Mar 30, 2026
    I•• W••••••••• L••$4.0M18Mar 30, 2026
    I•• O••••• L••$1.1M34Mar 30, 2026
    Owners and control persons
    Schedule A and B, latest filing
    • A•••••••• M•••• A•••• · Managing Member/Chief Executive Officercontrol
      since 06/2024 · owns 25% to 50%
    • C••••• D••• · Chief Compliance Officercontrol
      since 01/2026 · owns less than 5%
    • P•••••••• N••••• · Managing Membercontrol
      since 06/2024 · owns less than 5%
    • V••••••• F•••••••• D••• · Managing Member/Co- Chief Investment Officercontrol
      since 06/2024 · owns less than 5%
    • J••••• R••• B••••• · Member
      since 06/2024 · owns 10% to 25%
    • M••••••• M•••• · Member
      since 06/2024 · owns 10% to 25%
    • T•••••• C••••• W• · Member/Co-Chief Investment Officer
      since 06/2024 · owns less than 5%
    • Z•••••••• E•••• T••••• · Member
      since 06/2024 · owns 10% to 25%
    Entity owners
    • I•• W••••• A•• I••••••••• · Member
      direct · 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
    Los Angeles, Ca · principal920
    Offices
    Schedule D 1.F, the 25 largest
    • Charleston, SC1 employees
    ADV anomalies
    3 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing Mar 30, 2026
      A•••••••• M•••• A•••• (MANAGING MEMBER/CHIEF EXECUTIVE OFFICER) left Schedule A between the filings of 2024-06-24 and 2026-03-30
      peers: independent wealth managers, $1B to $5B (1,362)
    • control person changedChange between filings · filing Mar 30, 2026
      C••••• D••• (CHIEF COMPLIANCE OFFICER) appeared on Schedule A between the filings of 2024-06-24 and 2026-03-30
      peers: independent wealth managers, $1B to $5B (1,362)
    • client count surgeChange between filings · filing Mar 30, 2026
      individual and HNW clients (Item 5.D) moved from 185.0 to 344.0 (+86.0%) between the annual amendments of 2025-03-31 and 2026-03-30; the peer median change was +5.0% (1132 comparable advisers, 98.0th percentile of changes)
      peers: independent wealth managers, $1B to $5B (1,132) · 98% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 1,901 to 2,054
      Nov 5, 2025 to Mar 30, 2026
    • Advisory employees · 7 to 9
      Nov 5, 2025 to Mar 30, 2026
    • Charity clients · 12 to 13
      Nov 5, 2025 to Mar 30, 2026
    • Corporate clients · 9 to 21
      Nov 5, 2025 to Mar 30, 2026
    • HNW clients · 180 to 270
      Nov 5, 2025 to Mar 30, 2026
    • Individual clients · 5 to 74
      Nov 5, 2025 to Mar 30, 2026
    • Pension plan clients · 7 to 15
      Nov 5, 2025 to Mar 30, 2026
    • Assets in custody · $28.3M to $443M
      Nov 5, 2025 to Mar 30, 2026
    • State-registered IARs · 7 to 9
      Nov 5, 2025 to Mar 30, 2026
    • Discretionary RAUM · $1.5B to $1.8B
      Nov 5, 2025 to Mar 30, 2026
    • HNW RAUM · $2.3B to $2.1B
      Nov 5, 2025 to Mar 30, 2026
    • Individual RAUM · $793,525 to $15.1M
      Nov 5, 2025 to Mar 30, 2026
    • Non-discretionary RAUM · $788M to $587M
      Nov 5, 2025 to Mar 30, 2026
    • Pension RAUM · $12.5M to $26.5M
      Nov 5, 2025 to Mar 30, 2026
    • RAUM · $2.3B to $2.3B
      Nov 5, 2025 to Mar 30, 2026
    • Related adviser · true to false
      Nov 5, 2025 to Mar 30, 2026
    • Wrap assets (manager) · $1.4B to $1.5B
      Nov 5, 2025 to Mar 30, 2026
    • Wrap assets (sponsor) · $1.5B to $1.8B
      Nov 5, 2025 to Mar 30, 2026
    • Employees · 17 to 18
      Mar 31, 2025 to Nov 5, 2025
    • Private funds · 1 to 3
      Mar 31, 2025 to Nov 5, 2025
    • Related adviser · false to true
      Mar 31, 2025 to Nov 5, 2025
    • Accounts · 1,964 to 1,901
      Nov 20, 2024 to Mar 31, 2025
    • Advisory activities · 4 to 5
      Nov 20, 2024 to Mar 31, 2025
    • Charity clients · 6 to 12
      Nov 20, 2024 to Mar 31, 2025
    • Corporate clients · 7 to 9
      Nov 20, 2024 to Mar 31, 2025
    • HNW clients · 210 to 180
      Nov 20, 2024 to Mar 31, 2025
    • Individual clients · 4 to 5
      Nov 20, 2024 to Mar 31, 2025
    • Assets in custody · $31.7M to $28.3M
      Nov 20, 2024 to Mar 31, 2025
    • Employees · 16 to 17
      Nov 20, 2024 to Mar 31, 2025
    • Financial planning clients · 0 to 101-250
      Nov 20, 2024 to Mar 31, 2025
    • Private funds · unset to 1
      Nov 20, 2024 to Mar 31, 2025
    • Discretionary RAUM · $2.0B to $1.5B
      Nov 20, 2024 to Mar 31, 2025
    • HNW RAUM · $2.4B to $2.3B
      Nov 20, 2024 to Mar 31, 2025
    • Individual RAUM · $781,219 to $793,525
      Nov 20, 2024 to Mar 31, 2025
    • Non-discretionary RAUM · $402M to $788M
      Nov 20, 2024 to Mar 31, 2025
    • Pension RAUM · $12.0M to $12.5M
      Nov 20, 2024 to Mar 31, 2025
    • RAUM · $2.4B to $2.3B
      Nov 20, 2024 to Mar 31, 2025
    • Wrap assets (manager) · $2.3B to $1.4B
      Nov 20, 2024 to Mar 31, 2025
    • Wrap assets (sponsor) · $2.4B to $1.5B
      Nov 20, 2024 to Mar 31, 2025
    • Accounts · unset to 1964.0
      Jun 24, 2024 to Nov 20, 2024
    Signals
    2 dated events
    • 7 advisors left W•••• F•••• A••••••• (Los Angeles, CA) for I•• A••••••• L•• within 14 days
      Nov 11, 2024 · Team lift-out · derived
    • I•• A••••••• L•• filed its initial SEC registration (Form ADV)
      Jun 24, 2024 · First SEC registration · fact
    Across DFX
    shared identifiers only, never a name match
    How to reach
    public business contact points only, each with its source
    Business phone
    877-740-0081reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/ifc-advisors-llcreportedpublic record, Form ADV, Sep 19, 2026
    Website
    i•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
    Principal office phone
    310-596-1250reportedpublic record, Form ADV, Mar 30, 2026
    Contact form
    i•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
    Team page
    i•••••••••.comreportedpublished 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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $260Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026