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
Powerhouse Financial Advisors, Inc.
Latest filing Sep 10, 2026
First filing on the tape Aug 14, 2026 · 2 filings
SEC status approved since Aug 21, 2026
RAUM
$108M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$108M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$108M
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
2 filings and snapshots on the tape
RAUM$108M as of Sep 10, 2026
Aug 14, 2026$108M then
HNW client RAUM$50.1M as of Sep 10, 2026
Aug 14, 2026$50.1M then
State-registered IARs (5.B.3)1 as of Sep 10, 2026
Aug 14, 20261 then
Employees (5.A)1 as of Sep 10, 2026
Aug 14, 20261 then
Private funds: no history
Practice profile
derived from the filing of Sep 10, 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
- $54.1MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 113derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.3MderivedHNW RAUM over HNW clients
- Average account
- $174,286derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 0.5derivedItem 5.A over advisors
- Advisors per office
- 1.0derived2 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, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, 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
- is an insurance broker or agent (6.A.6)
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$58.1M54%
- High-net-worth individuals$50.1M46%
- Individual clients
- 204reported
- HNW clients
- 22reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 621reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd= related_bank= bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Steven James SmitCertified Financial Planner | Minden, Nv | Feb 9, 2026 | 15 y | 2 |
| Brian William Neustrom | Denver, Co | Sep 14, 2026 | 15 y | 6 |
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Brian William Neustrom from Modern Capital Advisors, LLCSep 14, 2026 · RIA to RIA
- Steven James Smit from Parsonex Advisory Services, Inc.Feb 9, 2026 · RIA to RIA
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- James Steven Smit · Managing Member, Ceocontrolsince 08/2025 · owns 75% or more
- William Brian Neustrom · Chief Compliance Officersince 09/2026 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Minden, Nv · principal | 2 | 2 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Financial planning clients · 0 to 0Aug 14, 2026 to Sep 10, 2026
- Other offices · 0 to 1Aug 14, 2026 to Sep 10, 2026
- Related adviser · false to unsetAug 14, 2026 to Sep 10, 2026
- Related bank · false to unsetAug 14, 2026 to Sep 10, 2026
- Related broker-dealer · false to unsetAug 14, 2026 to Sep 10, 2026
- Related insurance company · false to unsetAug 14, 2026 to Sep 10, 2026
- Succession · false to unsetAug 14, 2026 to Sep 10, 2026
Signals
1 dated events
- Brian William Neustrom registered as an investment adviser representative at Powerhouse Financial Advisors, Inc.Sep 14, 2026 · Advisor registered · fact
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
- 775-266-8867reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/powerhouse-financial-advisorsreportedpublic record, Form ADV, Sep 17, 2026
- Website
- powerhousefinancialadvisors.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 775-266-8867reportedpublic record, Form ADV, Sep 10, 2026
- Contact form
- powerhousefinancialadvisors.com/contact-usreportedpublished 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
- $108Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026