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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Former SEC-registered adviser

P•••••• P•••• W••••• M•••••••••

Former SEC-registered adviserCarlsbad, CaliforniaCRD 338392SEC 801-134417websiteIAPD
Legal name P•••••• P•••• W••••• M••••••••• L••
Latest filing Jan 30, 2026
First filing on the tape Oct 3, 2025 · 3 filings
SEC status 120-day approval since Sep 26, 2025
RAUM
$6.5M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$6.5M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$1.3M
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
3 filings and snapshots on the tape
RAUM$6.5M as of Jan 30, 2026
Oct 3, 2025$0 then
HNW client RAUM: no history
State-registered IARs (5.B.3)5 as of Jan 30, 2026
Oct 3, 20250 then
Employees (5.A)5 as of Jan 30, 2026
Oct 3, 20252 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Jan 30, 2026; every figure names its basis
RAUM per advisor
$1.3MderivedRAUM 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
$169,751derivedRAUM over accounts (5.F.2.f)
Discretionary
100%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
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 assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
yesreportedItem 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)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$6.5M100%
Individual clients
38reported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
38reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
B•• T••••• M•••••••Carlsbad, CaOct 3, 202511 y3
R••• S••••• G•••••Carlsbad, CaOct 3, 202511 y3
M•••••• D•••• M•••••••Carlsbad, CaOct 13, 202513 y1
J•••• C•••••Carlsbad, CaDec 16, 202512 y3
J••• A•••••• L••••Certified Financial PlannerCarlsbad, CaJan 9, 202631 y4
Advisor movement
0 left, 5 joined in 12 months
net +5 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
    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
    OfficeAdvisorsJoinedLeftTeams outForming
    Carlsbad, Ca · principal550
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Advisory employees · 4 to 5
      Dec 24, 2025 to Jan 30, 2026
    • Advisory activities · 1 to 2
      Dec 24, 2025 to Jan 30, 2026
    • Assets in custody · unset to 0.0
      Dec 24, 2025 to Jan 30, 2026
    • Custody of client assets · false to true
      Dec 24, 2025 to Jan 30, 2026
    • Employees · 4 to 5
      Dec 24, 2025 to Jan 30, 2026
    • HQ city · to CARLSBAD
      Dec 24, 2025 to Jan 30, 2026
    • HQ state · to CA
      Dec 24, 2025 to Jan 30, 2026
    • State-registered IARs · 4 to 5
      Dec 24, 2025 to Jan 30, 2026
    • Accounts · 0 to 38
      Oct 3, 2025 to Dec 24, 2025
    • Advisory employees · 2 to 4
      Oct 3, 2025 to Dec 24, 2025
    • Individual clients · unset to 38.0
      Oct 3, 2025 to Dec 24, 2025
    • Employees · 2 to 4
      Oct 3, 2025 to Dec 24, 2025
    • State-registered IARs · 0 to 4
      Oct 3, 2025 to Dec 24, 2025
    • Discretionary RAUM · $0 to $6.5M
      Oct 3, 2025 to Dec 24, 2025
    • Individual RAUM · unset to 6450550.0
      Oct 3, 2025 to Dec 24, 2025
    • RAUM · $0 to $6.5M
      Oct 3, 2025 to Dec 24, 2025
    Signals
    1 dated events
    • P•••••• P•••• W••••• M••••••••• no longer on the SEC adviser roster (last listed 2026-03-02, RAUM $6.5M)
      Apr 1, 2026 · Left the SEC roster · derived
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    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
    $1.3Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026