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

T•••••••• B•• R•••• A•••••••• L•••

Asset manager (funds and pooled vehicles)Denver, ColoradoCRD 332879SEC 801-131106IAPD
Latest filing Aug 28, 2026
First filing on the tape Aug 15, 2024 · 6 filings
SEC status approved since Sep 13, 2024
RAUM
$224M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
29
7 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$224M as of Aug 28, 2026
Apr 25, 2025$232M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Aug 28, 2026
Apr 25, 20250 then
Employees (5.A)29 as of Aug 28, 2026
Apr 25, 202525 then
Private funds1 as of Aug 28, 2026
Apr 25, 20251 then
RAUM -3.2% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Aug 28, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$56.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+0.9%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$224M, 4 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)
  • 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
  • Pooled investment vehicles$224M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$224M for 4 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=7.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      4 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • A•••••• A••••• M•••••• · Vice President, Officer, Shareholdercontrol
        since 06/2024 · owns 5% to 10%
      • B•••••••• J••••• R••• · Vice President, Board Membercontrol
        since 09/2024 · owns less than 5%
      • C•••••• A••• M••••••••• · Co-Chief Legal Officercontrol
        since 09/2024 · owns less than 5%
      • D••••• J••••••• R••• · Chief Financial Officercontrol
        since 06/2024 · owns less than 5%
      • E•••••••• D••••• A••••• · Vice President, Board Membercontrol
        since 09/2024 · owns less than 5%
      • H•••• J•••••• D•••• · Vice President, Board Membercontrol
        since 09/2024 · owns less than 5%
      • I••••••• J•••• C•••••• · Chief Operating Officer, Vice Presidentcontrol
        since 06/2024 · owns less than 5%
      • K•••• J••••• D••••• · Secretary, Chief Compliance Officer, Co-Chief Legal Officer, Vice Presidentcontrol
        since 06/2024 · owns less than 5%
      • R••••••••• B••••• E••••• · E•••••••• Vice Presidentcontrol
        since 06/2024 · owns less than 5%
      • Z••••••• M•••• J••••• · E•••••••• Vice President, Board Membercontrol
        since 09/2024 · owns less than 5%
      • R••••••••• B••••• E••••• · Officer, Director & Shareholdercontrol
        since 01/2020 · owns 25% to 50% of B•• R•••• A•••• M••••••••• C•••• I•
      • T••••••••• H•••••• G•••••• · Trusteecontrol
        since 07/1990 · owns 75% or more of G•••••• T•••••••• R•••••••• T••••
      • W•••••••• J••••• M••••• · Managing Membercontrol
        since 04/2000 · owns 75% or more of W••••••• E••••••••• L•••
      Entity owners
      • B•• R•••• A•••• M••••••••• L•• · Shareholder; Managing Member
        direct · owns 25% to 50%
      • T•••••••• I••••••••• M••••••••• I•• · Shareholder; Managing Member
        direct · owns 50% to 75%
      • B•• R•••• A•••• M••••••••• C•••• I• · Member
        indirect · owns 75% or more of B•• R•••• A•••• M••••••••• L••
      • D••• A•••••••• I••• · Trustee
        indirect · owns F of R••••••••• 2••• T••••
      • G•••••• T•••••••• R•••••••• T•••• · Shareholder
        indirect · owns 75% or more of T•••••••• I••••••••• M••••••••• I••
      • R••••••••• 2••• T•••• · Shareholder
        indirect · owns 25% to 50% of B•• R•••• A•••• M••••••••• C•••• I•
      • W••••••• E••••••••• L••• · Member
        indirect · owns 25% to 50% of B•• R•••• A•••• M••••••••• L••
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      • Santa Fe, NM2 employees
      What changed
      consecutive filings, newest first
      • Assets in custody · $0 to $224M
        Mar 30, 2026 to May 22, 2026
      • Custody of client assets · false to true
        Mar 30, 2026 to May 22, 2026
      • Employees · 30 to 29
        Mar 30, 2026 to May 22, 2026
      • Discretionary RAUM · $234M to $224M
        Mar 30, 2026 to May 22, 2026
      • Pooled vehicle RAUM · $234M to $224M
        Mar 30, 2026 to May 22, 2026
      • RAUM · $234M to $224M
        Mar 30, 2026 to May 22, 2026
      • Advisory employees · 5 to 7
        Apr 25, 2025 to Mar 30, 2026
      • Employees · 25 to 30
        Apr 25, 2025 to Mar 30, 2026
      • Discretionary RAUM · $232M to $234M
        Apr 25, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $232M to $234M
        Apr 25, 2025 to Mar 30, 2026
      • RAUM · $232M to $234M
        Apr 25, 2025 to Mar 30, 2026
      • Advisory employees · 6 to 5
        Oct 30, 2024 to Apr 25, 2025
      • BD registered reps · 9 to 7
        Oct 30, 2024 to Apr 25, 2025
      • Business name · B•• R•••• C••••• A•••••••• L••• to T•••••••• B•• R•••• A•••••••• L•••
        Oct 30, 2024 to Apr 25, 2025
      • Assets in custody · $341M to $0
        Oct 30, 2024 to Apr 25, 2025
      • Custody of client assets · true to false
        Oct 30, 2024 to Apr 25, 2025
      • Employees · 27 to 25
        Oct 30, 2024 to Apr 25, 2025
      • Financial planning clients · unset to
        Oct 30, 2024 to Apr 25, 2025
      • Legal name · B•• R•••• C••••• A•••••••• L••• to T•••••••• B•• R•••• A•••••••• L•••
        Oct 30, 2024 to Apr 25, 2025
      • Private funds · 4 to 1
        Oct 30, 2024 to Apr 25, 2025
      • Discretionary RAUM · $341M to $232M
        Oct 30, 2024 to Apr 25, 2025
      • Pooled vehicle RAUM · $341M to $232M
        Oct 30, 2024 to Apr 25, 2025
      • RAUM · $341M to $232M
        Oct 30, 2024 to Apr 25, 2025
      • Accounts · unset to 4.0
        Aug 15, 2024 to Oct 30, 2024
      • Advisory employees · 4 to 6
        Aug 15, 2024 to Oct 30, 2024
      • BD registered reps · 3 to 9
        Aug 15, 2024 to Oct 30, 2024
      • Pooled vehicle clients · unset to 4.0
        Aug 15, 2024 to Oct 30, 2024
      • Assets in custody · $0 to $341M
        Aug 15, 2024 to Oct 30, 2024
      • Custody of client assets · false to true
        Aug 15, 2024 to Oct 30, 2024
      • Employees · 18 to 27
        Aug 15, 2024 to Oct 30, 2024
      • Other offices · 0 to 1
        Aug 15, 2024 to Oct 30, 2024
      • Private funds · unset to 4
        Aug 15, 2024 to Oct 30, 2024
      • Discretionary RAUM · unset to 340885312.0
        Aug 15, 2024 to Oct 30, 2024
      • Non-discretionary RAUM · unset to 0.0
        Aug 15, 2024 to Oct 30, 2024
      • Pooled vehicle RAUM · unset to 340885312.0
        Aug 15, 2024 to Oct 30, 2024
      • RAUM · unset to 340885312.0
        Aug 15, 2024 to Oct 30, 2024
      • Related broker-dealer · false to true
        Aug 15, 2024 to Oct 30, 2024
      Signals
      11 dated events
      • T•••••••• B•• R•••• A•••••••• L••• reported RAUM $231.6M, down 32% from $340.9M (2024-10-30 to 2025-04-25)
        Apr 25, 2025 · RAUM change · derived
      • Joseph Mark Zinkula (Executive Vice President, Board Member) appeared on Schedule A of T•••••••• B•• R•••• A•••••••• L•••
        Oct 30, 2024 · Control person joined · fact
      • Ryan Jesse Brownell (Vice President, Board Member) appeared on Schedule A of T•••••••• B•• R•••• A•••••••• L•••
        Oct 30, 2024 · Control person joined · fact
      • David Jeremy Held (Vice President, Board Member) appeared on Schedule A of T•••••••• B•• R•••• A•••••••• L•••
        Oct 30, 2024 · Control person joined · fact
      • Andrew David Ettenger (Vice President, Board Member) appeared on Schedule A of T•••••••• B•• R•••• A•••••••• L•••
        Oct 30, 2024 · Control person joined · fact
      • Mikolajczyk Amy Callow (Co-Chief Legal Officer) appeared on Schedule A of T•••••••• B•• R•••• A•••••••• L•••
        Oct 30, 2024 · Control person joined · fact
      • Martin James Weichert (Managing Member) appeared on Schedule A of T•••••••• B•• R•••• A•••••••• L•••
        Oct 30, 2024 · Control person joined · fact
      • Garrett Harold Thornburg (Trustee) appeared on Schedule A of T•••••••• B•• R•••• A•••••••• L•••
        Oct 30, 2024 · Control person joined · fact
      • H••••••• J••••• A•••• (Officer, Director And Shareholder) no longer on Schedule A of T•••••••• B•• R•••• A•••••••• L••• (listed 2024-08-15, absent 2024-10-30)
        Oct 30, 2024 · Control person left · inference
      • C••••••• D••••• P•••• (Officer, Director And Shareholder) no longer on Schedule A of T•••••••• B•• R•••• A•••••••• L••• (listed 2024-08-15, absent 2024-10-30)
        Oct 30, 2024 · Control person left · inference
      • B•• R•••• C••••• A•••••••• L••• filed its initial SEC registration (Form ADV)
        Aug 15, 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
      Principal office phone
      303-861-8466reportedpublic record, Form ADV, Aug 28, 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
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026