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••••• W••••• A•••••••

Independent wealth managerColumbia, MissouriCRD 334752SEC 801-132042websiteIAPD
Legal name T••••• W••••• A••••••• L••
Latest filing Mar 27, 2026
First filing on the tape Jan 27, 2025 · 3 filings
SEC status approved since Feb 26, 2025
RAUM
$106M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
87%
$92.6M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$35.3M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
3 filings and snapshots on the tape
RAUM$106M as of Mar 27, 2026
Jan 27, 2025$0 then
HNW client RAUM$38.1M as of Mar 27, 2026
Apr 21, 2025$116M then
State-registered IARs (5.B.3)3 as of Mar 27, 2026
Jan 27, 20251 then
Employees (5.A)3 as of Mar 27, 2026
Jan 27, 20251 then
Private funds: no history
RAUM -25% over the last fiscal yearIARs 3 to 3
Practice profile
derived from the filing of Mar 27, 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
RAUM per advisor
$35.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
32derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$249,953derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
13%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived3 offices incl. principal (1.F.5)
RAUM growth, one year
-25%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+10%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$12.8M, 48 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$54.5M51%
  • High-net-worth individuals$38.1M36%
  • Charitable organizations$10.7M10%
  • Pension and profit-sharing plans$2.6M2.5%
  • Corporations and businesses$36,6490.0%
Individual clients
74reported
HNW clients
22reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
424reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$12.8M for 48 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.87 fund_share=0.0 institutional_share=0.13 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M•••••• J••• M•••••••Certified Financial Planner, Chartered Financial ConsultantColumbia, MoApr 2, 202519 y2
E•••• K•••••••• O•••••Certified Financial PlannerSt. Paul, Mn Apr 2, 202515 y4
M•••• T••••• H•••••••• H•••••Certified Financial PlannerColumbia, Mo Apr 2, 202511 y2
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • M•••••••• M••••••• J••• · Presidentcontrol
    since 01/2018 · owns 75% or more
  • O•••••• E••••• K•••••••• · Chief Compliance Officercontrol
    since 04/2025 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Columbia, Mo · principal300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • HNW share shiftChange between filings · filing Mar 27, 2026
    HNW share of RAUM moved from 81.0% to 36.0% between the annual amendments of 2025-04-21 and 2026-03-27
    peers: independent wealth managers, $100M to $500M (5,676)
  • RAUM down 25 %Change between filings · filing Mar 27, 2026
    RAUM (Item 5.F) moved from $142,124,516 to $105,980,250 (-25.0%) between the annual amendments of 2025-04-21 and 2026-03-27; the peer median change was +15.0% (4550 comparable advisers, 2.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (4,550) · 1.5% percentile
What changed
consecutive filings, newest first
  • Accounts · 400 to 424
    Apr 21, 2025 to Mar 27, 2026
  • Charity clients · unset to 1.0
    Apr 21, 2025 to Mar 27, 2026
  • Corporate clients · unset to 1.0
    Apr 21, 2025 to Mar 27, 2026
  • HNW clients · 23 to 22
    Apr 21, 2025 to Mar 27, 2026
  • Individual clients · 64 to 74
    Apr 21, 2025 to Mar 27, 2026
  • Pension plan clients · unset to 0.0
    Apr 21, 2025 to Mar 27, 2026
  • Pooled vehicle clients · unset to 0.0
    Apr 21, 2025 to Mar 27, 2026
  • Assets in custody · $39.8M to $12.8M
    Apr 21, 2025 to Mar 27, 2026
  • Discretionary RAUM · $142M to $103M
    Apr 21, 2025 to Mar 27, 2026
  • HNW RAUM · $116M to $38.1M
    Apr 21, 2025 to Mar 27, 2026
  • Individual RAUM · $26.5M to $54.5M
    Apr 21, 2025 to Mar 27, 2026
  • Non-discretionary RAUM · $0 to $2.6M
    Apr 21, 2025 to Mar 27, 2026
  • Pension RAUM · unset to 2619521.0
    Apr 21, 2025 to Mar 27, 2026
  • Pooled vehicle RAUM · unset to 0.0
    Apr 21, 2025 to Mar 27, 2026
  • RAUM · $142M to $106M
    Apr 21, 2025 to Mar 27, 2026
  • Accounts · 0 to 400
    Jan 27, 2025 to Apr 21, 2025
  • Advisory employees · 1 to 3
    Jan 27, 2025 to Apr 21, 2025
  • HNW clients · unset to 23.0
    Jan 27, 2025 to Apr 21, 2025
  • Individual clients · unset to 64.0
    Jan 27, 2025 to Apr 21, 2025
  • Assets in custody · unset to 39821752.0
    Jan 27, 2025 to Apr 21, 2025
  • Custody of client assets · false to true
    Jan 27, 2025 to Apr 21, 2025
  • Employees · 1 to 3
    Jan 27, 2025 to Apr 21, 2025
  • Financial planning clients · unset to 0
    Jan 27, 2025 to Apr 21, 2025
  • State-registered IARs · 1 to 3
    Jan 27, 2025 to Apr 21, 2025
  • Other offices · 0 to 2
    Jan 27, 2025 to Apr 21, 2025
  • Discretionary RAUM · $0 to $142M
    Jan 27, 2025 to Apr 21, 2025
  • HNW RAUM · unset to 115605434.0
    Jan 27, 2025 to Apr 21, 2025
  • Individual RAUM · unset to 26484930.0
    Jan 27, 2025 to Apr 21, 2025
  • RAUM · $0 to $142M
    Jan 27, 2025 to Apr 21, 2025
Signals
No event on the tape.
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
573-540-4788reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/truman-wealth-advisorsreportedpublic record, Form ADV, Sep 18, 2026
Website
T•••••WEALTHADVISORS.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
573-540-4788reportedpublic record, Form ADV, Mar 27, 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
$35.3Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026