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

Flfs Advisory LLC

Independent wealth managerVictor, New YorkCRD 334771SEC 801-132387websiteIAPD
Latest filing Jun 30, 2026
First filing on the tape Apr 28, 2025 · 6 filings
SEC status approved since Apr 14, 2025
RAUM
$161M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$153M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$32.3M
derived; firm RAUM over IAPD count
Employees
5
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$161M as of Jun 30, 2026
Apr 28, 2025$0 then
HNW client RAUM$111M as of Jun 30, 2026
Jul 15, 2025$106M then
State-registered IARs (5.B.3)5 as of Jun 30, 2026
Apr 28, 20250 then
Employees (5.A)5 as of Jun 30, 2026
Apr 28, 20253 then
Private funds: no history
RAUM n/a over the last fiscal yearIARs 0 to 5
Practice profile
derived from the filing of Jun 30, 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
  • 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
$32.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
39derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.2MderivedHNW RAUM over HNW clients
Average account
$517,621derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
5.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween 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, hourly, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$111M69%
  • Individuals$41.8M26%
  • Charitable organizations$7.3M4.5%
  • Pension and profit-sharing plans$983,3730.6%
  • Corporations and businesses$83,8650.1%
Individual clients
159reported
HNW clients
35reported
Pension plan clients
1reported
Charitable clients
7reported
Accounts
312reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourly, performancereported
Class basis
private_client_share=0.95 fund_share=0.0 institutional_share=0.05 related_bd=false related_bank=false bd_reps=5.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Angela M BabcockVictor, NyApr 29, 202530 y2
Alan David DeuelChartered Financial ConsultantVictor, NyApr 29, 202525 y2
Nick J TwentyfiveVictor, NyApr 29, 202512 y1
Robert Wiley GwynnVictor, NyApr 29, 202527 y3
David Foote GwynnChartered Financial ConsultantVictor, NyApr 29, 202542 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
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
      • David Alan Deuel · Owner And Chief Compliance Officercontrol
        since 03/2025 · owns 50% to 75%
      Entity owners
      • Finger Lakes Financial Services, · Owner
        direct · owns 50% to 75%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Victor, Ny · principal500
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • business activity changedChange between filings · filing Jun 30, 2026
        financial planning (Item 5.G.1): no on the filing of 2026-03-23, yes on the filing of 2026-06-30
        peers: independent wealth managers, $100M to $500M (5,676)
      • compensation changedChange between filings · filing Jun 30, 2026
        hourly charges (Item 5.E.2): no on the filing of 2026-03-23, yes on the filing of 2026-06-30
        peers: independent wealth managers, $100M to $500M (5,676)
      What changed
      consecutive filings, newest first
      • Advisory activities · 2 to 3
        Mar 23, 2026 to Jun 30, 2026
      • Financial planning clients · to 0
        Mar 23, 2026 to Jun 30, 2026
      • Accounts · 250 to 312
        Dec 15, 2025 to Mar 23, 2026
      • Individual clients · 120 to 159
        Dec 15, 2025 to Mar 23, 2026
      • Discretionary RAUM · $142M to $161M
        Dec 15, 2025 to Mar 23, 2026
      • HNW RAUM · $106M to $111M
        Dec 15, 2025 to Mar 23, 2026
      • Individual RAUM · $28.1M to $41.8M
        Dec 15, 2025 to Mar 23, 2026
      • Pension RAUM · $920,155 to $983,373
        Dec 15, 2025 to Mar 23, 2026
      • RAUM · $142M to $161M
        Dec 15, 2025 to Mar 23, 2026
      • Advisory employees · 3 to 5
        Jul 15, 2025 to Nov 4, 2025
      • Advisory activities · 1 to 2
        Jul 15, 2025 to Nov 4, 2025
      • BD registered reps · 0 to 5
        Jul 15, 2025 to Nov 4, 2025
      • Employees · 3 to 5
        Jul 15, 2025 to Nov 4, 2025
      • State-registered IARs · 0 to 5
        Jul 15, 2025 to Nov 4, 2025
      • Accounts · 0 to 250
        Apr 28, 2025 to Jul 15, 2025
      • Charity clients · unset to 7.0
        Apr 28, 2025 to Jul 15, 2025
      • Corporate clients · unset to 1.0
        Apr 28, 2025 to Jul 15, 2025
      • HNW clients · unset to 35.0
        Apr 28, 2025 to Jul 15, 2025
      • Individual clients · unset to 120.0
        Apr 28, 2025 to Jul 15, 2025
      • Pension plan clients · unset to 1.0
        Apr 28, 2025 to Jul 15, 2025
      • Financial planning clients · unset to
        Apr 28, 2025 to Jul 15, 2025
      • Discretionary RAUM · $0 to $142M
        Apr 28, 2025 to Jul 15, 2025
      • HNW RAUM · unset to 106208602.0
        Apr 28, 2025 to Jul 15, 2025
      • Individual RAUM · unset to 28103426.0
        Apr 28, 2025 to Jul 15, 2025
      • Pension RAUM · unset to 920155.0
        Apr 28, 2025 to Jul 15, 2025
      • RAUM · $0 to $142M
        Apr 28, 2025 to Jul 15, 2025
      Signals
      1 dated events
      • 5 advisors left Grove Point Advisors, LLC (Rockville, MD) for Flfs Advisory LLC on the same day
        May 1, 2025 · Team lift-out · derived
      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
      585-586-2600reportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      585-586-7897reportedpublished by the firm, firm site, Sep 16, 2026
      Website
      fingerlakesfinancialservicesinc.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      585-586-2600reportedpublic record, Form ADV, Jun 30, 2026
      Contact form
      fingerlakesfinancialservicesinc.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
      Team page
      fingerlakesfinancialservicesinc.com/meet-the-teamreportedpublished by the firm, firm site, 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
      $32.3Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026