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.
Former SEC-registered adviser
Exponent Wealth
Legal name Exponent Wealth LLC
Latest filing Jul 29, 2026
First filing on the tape Mar 26, 2025 · 2 filings
SEC status 120-day approval since Mar 26, 2025
RAUM
$110M
reported, Item 5.F
Discretionary
64%
of RAUM
Private clients
100%
$110M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$15.8M
derived; firm RAUM over IAPD count
Employees
7
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
2 filings and snapshots on the tape
RAUM$110M as of Jul 29, 2026
Mar 26, 2025$0 then
HNW client RAUM: $86.6M
State-registered IARs (5.B.3)7 as of Jul 29, 2026
Mar 26, 20252 then
Employees (5.A)7 as of Jul 29, 2026
Mar 26, 20252 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Jul 29, 2026; every figure names its basis
- RAUM per advisor
- $15.8MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 14derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.0MderivedHNW RAUM over HNW clients
- Average account
- $237,858derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 64%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 7.0derived1 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, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
- Custody
- $13.3M, 36 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$86.6M79%
- Individuals$23.7M21%
- Individual clients
- 67reported
- HNW clients
- 29reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 464reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- noreported
- Custody of client assets
- $13.3M for 36 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- absent from the latest SEC rosterderived
Advisors registered through the firm
7 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Alec L FergusonChartered Financial Analyst | Orem, Ut | Mar 27, 2025 | 10 y | 3 |
| Avereigh Layne Clarke | Orem, Ut | Mar 27, 2025 | 12 y | 4 |
| Dylan Payne | Orem, Ut | Apr 29, 2025 | 11 y | 1 |
| Laura J Caler | Orem, Ut | Feb 2, 2026 | 17 y | 5 |
| Joseph William AdairCertified Financial Planner | Orem, Ut | Feb 11, 2026 | 10 y | 4 |
| Ben BrackettCertified Financial Planner | Orem, Ut | Feb 17, 2026 | 12 y | 5 |
| Nicholas Charles Olsen | Orem, Ut | May 12, 2026 | 12 y | 1 |
Advisor movement
0 left, 4 joined in 12 months
net +4 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
- Nicholas Charles Olsen from Iconiq Capital, LLCMay 12, 2026 · Other
- Ben Brackett from Diversify Wealth Management, LLCFeb 17, 2026 · RIA to a newly registered adviser
- Joseph William Adair from Diversify Wealth Management, LLCFeb 11, 2026 · RIA to a newly registered adviser
- Laura J Caler from Morgan StanleyFeb 2, 2026 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- Dylan Payne from Drive Wealth AdvisersApr 29, 2025 · RIA to a newly registered adviser
- Alec L Ferguson from Drive Wealth AdvisersMar 27, 2025 · RIA to a newly registered adviser
- Avereigh Layne Clarke from Drive Wealth AdvisersMar 27, 2025 · RIA to a newly registered adviser
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Diversify Wealth Management, LLCFeb 10, 2026 · Orem, Ut
- 2 joined from Drive Wealth AdvisersMar 28, 2025 · Lehi, Ut
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
No Schedule A on the extract for this adviser.
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Orem, Ut · principal | 7 | 4 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 0 to 464Mar 26, 2025 to Jul 29, 2026
- Advisory employees · 2 to 6Mar 26, 2025 to Jul 29, 2026
- Business name · EXPONENT WEALTH to EXPONENT WEALTH LLCMar 26, 2025 to Jul 29, 2026
- HNW clients · unset to 29.0Mar 26, 2025 to Jul 29, 2026
- Individual clients · unset to 67.0Mar 26, 2025 to Jul 29, 2026
- Assets in custody · unset to 13277821.0Mar 26, 2025 to Jul 29, 2026
- Custody of client assets · false to trueMar 26, 2025 to Jul 29, 2026
- Employees · 2 to 7Mar 26, 2025 to Jul 29, 2026
- Financial planning clients · 0 to 51-100Mar 26, 2025 to Jul 29, 2026
- HQ city · to OREMMar 26, 2025 to Jul 29, 2026
- HQ state · to UTMar 26, 2025 to Jul 29, 2026
- State-registered IARs · 2 to 7Mar 26, 2025 to Jul 29, 2026
- Discretionary RAUM · $0 to $71.0MMar 26, 2025 to Jul 29, 2026
- HNW RAUM · unset to 86648298.0Mar 26, 2025 to Jul 29, 2026
- Individual RAUM · unset to 23717647.0Mar 26, 2025 to Jul 29, 2026
- Non-discretionary RAUM · $0 to $39.4MMar 26, 2025 to Jul 29, 2026
- RAUM · $0 to $110MMar 26, 2025 to Jul 29, 2026
- Related adviser · false to unsetMar 26, 2025 to Jul 29, 2026
- Related bank · false to unsetMar 26, 2025 to Jul 29, 2026
- Related broker-dealer · false to unsetMar 26, 2025 to Jul 29, 2026
- Related insurance company · false to unsetMar 26, 2025 to Jul 29, 2026
- Succession · false to unsetMar 26, 2025 to Jul 29, 2026
Signals
3 dated events
- 2 advisors left Diversify Wealth Management, LLC (South Jordan, UT) for Exponent Wealth on the same dayFeb 10, 2026 · Team lift-out · derived
- Exponent Wealth no longer on the SEC adviser roster (last listed 2025-07-01)Aug 1, 2025 · Left the SEC roster · derived
- 2 advisors left Drive Wealth Advisers (Lehi, UT) for Exponent Wealth on the same dayMar 28, 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
- Firm profile
- linkedin.com/company/exponent-wealth-llcreportedpublic record, Form ADV, Sep 17, 2026
- Website
- exponentwealth.comreportedpublic record, Form ADV, Sep 17, 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
- Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $15.8Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 15, 2026