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

P••••••• W••••• P•••••••

Independent wealth managerItasca, IllinoisCRD 335762SEC 801-132537websiteIAPD
Legal name E••• V••••••• L••
Latest filing Mar 20, 2026
First filing on the tape Apr 24, 2025 · 5 filings
SEC status approved since Apr 25, 2025
RAUM
$283M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$279M individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$31.4M
derived; firm RAUM over IAPD count
Employees
13
9 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$283M as of Mar 20, 2026
Apr 24, 2025$0 then
HNW client RAUM$210M as of Mar 20, 2026
Aug 21, 2025$192M then
State-registered IARs (5.B.3)9 as of Mar 20, 2026
Apr 24, 20258 then
Employees (5.A)13 as of Mar 20, 2026
Apr 24, 20259 then
Private funds: no history
RAUM n/a over the last fiscal yearIARs 8 to 9offices 0 to 1
Practice profile
derived from the filing of Mar 20, 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
RAUM per advisor
$31.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
30derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.1MderivedHNW RAUM over HNW clients
Average account
$305,095derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
4.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
+13%derivedItem 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, selection of other advisers, otherreportedItem 5.G
Custody
$12.5M, 18 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$210M74%
  • Individuals$68.3M24%
  • Pension and profit-sharing plans$4.0M1.4%
  • Corporations and businesses$172,7060.1%
Individual clients
165reported
HNW clients
102reported
Pension plan clients
7reported
Charitable clients
n/areported
Accounts
927reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$12.5M for 18 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J•••••• T•••••Certified Financial PlannerItasca, IlMay 2, 202527 y5
M•••••• K•••• M• W••••••Itasca, IlMay 2, 202520 y1
T••••• A•••• P•••••Itasca, IlMay 2, 202515 y3
G••• P•••Certified Financial PlannerItasca, IlMay 2, 202510 y4
M••• R•••••• S•••••••Certified Financial PlannerItasca, IlMay 2, 202512 y1
S•••• L• K••••••Itasca, IlMay 2, 202526 y3
C•••••• N••••••Itasca, IlMay 2, 202511 y3
A••••• L•••• B•••••Itasca, IlMay 2, 202529 y1
R••• R•••••• V••••Chartered Financial AnalystItasca, IlFeb 13, 202621 y0
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
    • M• W••••••• M••••••• K•••• · Partner And Chief Compliance Officercontrol
      since 03/2025 · owns less than 5%
    • P•••••• T•••••• A•••• · Partnercontrol
      since 03/2025 · owns less than 5%
    Entity owners
    • M••••• H••••••• L•• · Owner
      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
    Itasca, Il · principal910
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • custody status changedChange between filings · filing Mar 20, 2026
      custody of client assets (Item 9.A): no on the filing of 2025-12-03, yes on the filing of 2026-03-20
      peers: independent wealth managers, $100M to $500M (5,676)
    What changed
    consecutive filings, newest first
    • Accounts · 3,087 to 927
      Dec 3, 2025 to Mar 20, 2026
    • BD registered reps · 1 to 2
      Dec 3, 2025 to Mar 20, 2026
    • HNW clients · 84 to 102
      Dec 3, 2025 to Mar 20, 2026
    • Individual clients · 143 to 165
      Dec 3, 2025 to Mar 20, 2026
    • Pension plan clients · unset to 7.0
      Dec 3, 2025 to Mar 20, 2026
    • Assets in custody · unset to 12509695.0
      Dec 3, 2025 to Mar 20, 2026
    • Custody of client assets · false to true
      Dec 3, 2025 to Mar 20, 2026
    • Employees · 11 to 13
      Dec 3, 2025 to Mar 20, 2026
    • Financial planning clients · 0 to 51-100
      Dec 3, 2025 to Mar 20, 2026
    • Discretionary RAUM · $254M to $283M
      Dec 3, 2025 to Mar 20, 2026
    • HNW RAUM · $192M to $210M
      Dec 3, 2025 to Mar 20, 2026
    • Individual RAUM · $62.1M to $68.3M
      Dec 3, 2025 to Mar 20, 2026
    • Pension RAUM · unset to 3988356.0
      Dec 3, 2025 to Mar 20, 2026
    • RAUM · $254M to $283M
      Dec 3, 2025 to Mar 20, 2026
    • Accounts · 0 to 3,087
      May 13, 2025 to Aug 21, 2025
    • HNW clients · unset to 84.0
      May 13, 2025 to Aug 21, 2025
    • Individual clients · unset to 143.0
      May 13, 2025 to Aug 21, 2025
    • Financial planning clients · 0 to 0
      May 13, 2025 to Aug 21, 2025
    • Discretionary RAUM · $0 to $254M
      May 13, 2025 to Aug 21, 2025
    • HNW RAUM · unset to 192324184.0
      May 13, 2025 to Aug 21, 2025
    • Individual RAUM · unset to 62063131.0
      May 13, 2025 to Aug 21, 2025
    • RAUM · $0 to $254M
      May 13, 2025 to Aug 21, 2025
    • Advisory employees · 8 to 9
      Apr 24, 2025 to May 13, 2025
    • BD registered reps · 9 to 1
      Apr 24, 2025 to May 13, 2025
    • Employees · 9 to 11
      Apr 24, 2025 to May 13, 2025
    • State-registered IARs · 8 to 9
      Apr 24, 2025 to May 13, 2025
    • Other offices · 0 to 1
      Apr 24, 2025 to May 13, 2025
    Signals
    1 dated events
    • 8 advisors left A••••••••• F•••••••• S•••••••• L•• (Westmont, IL) for P••••••• W••••• P••••••• within 4 days
      May 5, 2025 · Team lift-out · derived
    Across DFX
    shared identifiers only, never a name match
    How to reach
    public business contact points only, each with its source
    Business phone
    630-250-9020reportedpublished by the firm, firm site, Sep 17, 2026
    Firm profile
    linkedin.com/company/pendulum-partners/posts/?feedView=allreportedpublic record, Form ADV, Sep 18, 2026
    Website
    pendulum.partnersreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    630-861-6143reportedpublic record, Form ADV, Mar 20, 2026
    Contact form
    pendulum.partners/contact-usreportedpublished by the firm, firm site, 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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $31.4Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026