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
Thoroughbred Financial Services, LLC
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 23 filings
SEC status approved since Aug 13, 1999
RAUM
$4.0B
reported, Item 5.F
Discretionary
90%
of RAUM
Private clients
68%
$2.7B individuals and HNW
Advisors
34
registered through the firm on IAPD
RAUM per advisor
$119M
derived; firm RAUM over IAPD count
Employees
31
31 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$4.0B as of Mar 31, 2026
Mar 30, 2012$781M then
HNW client RAUM$1.9B as of Mar 31, 2026
Mar 29, 2018$735M then
State-registered IARs (5.B.3)31 as of Mar 31, 2026
Mar 30, 20120 then
Employees (5.A)31 as of Mar 31, 2026
Mar 26, 201335 then
Private funds: no history
RAUM +18% over the last fiscal year+18% a year over threeIARs 33 to 31
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
- Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
- 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
- $119MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 74derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.7MderivedHNW RAUM over HNW clients
- Average account
- $558,198derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 90%derivedof RAUM
- Institutional
- 3.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 0.9derivedItem 5.A over advisors
- Advisors per office
- 8.5derived4 offices incl. principal (1.F.5)
- RAUM growth, one year
- +18%derivedbetween the last two annual amendments
- Advisor growth, one year
- -6.1%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +5.3%derived
- Compensation
- percentage of assets, fixed fees, commissionsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
- Wrap fee program
- $11.3MreportedItem 5.I
- 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 a broker-dealer (6.A.1)
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.9B46%
- Corporations and businesses$1.2B28%
- Individuals$892M22%
- Pension and profit-sharing plans$138M3.4%
- Individual clients
- 1,829reported
- HNW clients
- 691reported
- Pension plan clients
- 18reported
- Charitable clients
- 0reported
- Accounts
- 7,236reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- $11.3M sponsored, $0 managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, commissionsreported
- Class basis
- private_client_share=0.68 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=31.0derived
Advisors registered through the firm
34 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Lawrence Randall Hartley | Brentwood, Tn | Jan 5, 2004 | 42 y | 0 |
| William Allen WeddingtonCertified Financial Planner | Brentwood, Tn | Jan 5, 2004 | 46 y | 0 |
| Patrick Gibbons ParkerCertified Financial Planner | Brentwood, Tn | Jan 5, 2004 | 46 y | 0 |
| John Sexton Atkins | Brentwood, Tn | Jan 5, 2004 | 45 y | 0 |
| Michael David ReynoldsChartered Financial Consultant | Brentwood, Tn | Jan 5, 2004 | 39 y | 0 |
| Thomas Jenkins ParkerChartered Financial Consultant | Brentwood, Tn | Jan 6, 2004 | 44 y | 0 |
| Jack Clark Herndon | Brentwood, Tn | Jan 6, 2004 | 41 y | 0 |
| Jimmy Gray Orman | Brentwood, Tn | Jan 7, 2004 | 38 y | 0 |
| Carl Vernon Lee | Brentwood, Tn | Jan 7, 2004 | 26 y | 0 |
| William Roger Witherow | Brentwood, Tn | Jan 7, 2004 | 41 y | 0 |
| Daniel James Kelly | Jackson, Tn | Jan 7, 2004 | 32 y | 0 |
| Mark Miccioli | Brentwood, Tn | Jan 7, 2004 | 42 y | 0 |
| Michael Francis Allan | Jackson, Tn | Jan 7, 2004 | 42 y | 0 |
| Thomas Sweeney Parker | Brentwood, Tn | Jan 8, 2004 | 26 y | 0 |
| John Michael Fussell | Brentwood, Tn | Jan 8, 2004 | 30 y | 0 |
| Phillip Valdez Picardo | Brentwood, Tn | Jan 8, 2004 | 29 y | 0 |
| Michael Eugene Goldston | Brentwood, Tn | Jun 26, 2009 | 40 y | 1 |
| James Michael Reynolds | Knoxville, Tn | Aug 3, 2010 | 16 y | 0 |
| Raymond Lee Mockmore | Brentwood, Tn | Jan 6, 2011 | 16 y | 1 |
| Christopher Owen Parker | Brentwood, Tn | Jan 9, 2012 | 23 y | 0 |
| Thomas Moore Weddington | Brentwood, Tn | Jan 31, 2012 | 16 y | 0 |
| Jason Dewayne Warpool | Brentwood, Tn | Apr 13, 2015 | 21 y | 0 |
| Justin Warren Parker | Brentwood, Tn | Oct 1, 2015 | 24 y | 0 |
| Daniel Jason Parker | Brentwood, Tn | Jan 4, 2016 | 11 y | 0 |
| Cameron Mann Weddington | Brentwood, Tn | Oct 4, 2017 | 24 y | 0 |
| Heather Ogren HaleCertified Financial Planner | Brentwood, Tn | Mar 11, 2019 | 24 y | 6 |
| Katherine Pope WilsonCertified Financial Planner | Brentwood, Tn | Apr 30, 2019 | 11 y | 1 |
| Paige Parker | Brentwood, Tn | Feb 9, 2021 | 16 y | 0 |
| Daniel James Taylor | Brentwood, Tn | Apr 6, 2022 | 23 y | 3 |
| Daniel Shane Carnine | Brentwood, Tn | Nov 6, 2023 | 17 y | 1 |
| Martha Walthall | Brentwood, Tn | May 22, 2024 | 10 y | 1 |
| Colton James Hutzel | Brentwood, Tn | Feb 6, 2025 | 10 y | 0 |
| Charlotte Coles White Goldston | Brentwood, Tn | Feb 14, 2025 | 46 y | 1 |
| Jessica Marie BarnesCertified Financial Planner | Brentwood, Tn | Jun 10, 2026 | 13 y | 2 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- Michael G Jackie to J.P. Morgan Securities LLCMay 14, 2024 · RIA to wirehouse
- Tammy B Paxton to MML Investors Services, LLCDec 31, 2008 · Other
Joined, latest
- Jessica Marie Barnes from Meridian Wealth Management, LLCJun 10, 2026 · RIA to RIA
- Charlotte Coles White Goldston from UBS Financial Services Inc.Feb 14, 2025 · Wirehouse to independent RIA
- Martha Walthall from Florida Financial Advisors, LLCMay 22, 2024 · Affiliated broker-dealer or bank to independent RIA
- Daniel Shane Carnine from Principal Securities, Inc.Nov 6, 2023 · Affiliated broker-dealer or bank to independent RIA
- Michael G Jackie from Florida Financial Advisors, LLCOct 4, 2023 · Affiliated broker-dealer or bank to independent RIA
- Daniel James Taylor from Nuveen Asset Management, LLCApr 6, 2022 · RIA to RIA
- Katherine Pope Wilson from UBS Financial Services Inc.Apr 30, 2019 · Wirehouse to independent RIA
- Heather Ogren Hale from Peak Financial Planning, LLCMar 11, 2019 · Other
- Raymond Lee Mockmore from MML Investors Services, LLCJan 6, 2011 · Other
- Michael Eugene Goldston from Cambridge Equity Advisors IncJun 26, 2009 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Jack Clark Jr Herndon · Executive V.P. Securitiescontrolsince 06/1999 · owns less than 5%
- Daniel James Kelly · V.P. Operationscontrolsince 06/1999 · owns less than 5%
- Susan Sweeney Parker · Trustee Of Parker Family Trustcontrolsince 06/1999 · owns less than 5%
- Thomas Jenkins Parker · President, Ceocontrolsince 06/1999 · owns less than 5%
- John Sexton Atkins · Membersince 06/1999 · owns 5% to 10%
- Lawrence Randall Hartley · Membersince 06/1999 · owns 5% to 10%
- Patrick Gibbons Parker · Membersince 06/1999 · owns 5% to 10%
- Barry Gene Steele · Membersince 06/1999 · owns 5% to 10%
- William Allen Weddington · Membersince 06/1999 · owns 5% to 10%
Entity owners
- Parker Family Trust · Memberdirect · owns 50% to 75%
Related persons
Schedule D 7.A
- Diversified Partners, Inc.investment adviserpooled vehicle sponsornRAUM $155M
- Employee Benefit Services, Inc.LP sponsorn
Advisers that list Thoroughbred Financial Services, LLC as a related person
- 109570 n
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Brentwood, Tn · principal | 33 | 1 | 0 | ||
| Jackson, Tn | 6 | 0 | 0 | ||
| Knoxville, Tn | 3 | 0 | 0 | ||
| Columbia, Tn | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Jackson, TN5 employees
- Knoxville, TN2 employees
- Columbia, TN1 employees
What changed
consecutive filings, newest first
- Accounts · 6,789 to 7,236Mar 31, 2025 to Mar 31, 2026
- Advisory employees · 33 to 31Mar 31, 2025 to Mar 31, 2026
- BD registered reps · 34 to 31Mar 31, 2025 to Mar 31, 2026
- Corporate clients · 989 to 1,029Mar 31, 2025 to Mar 31, 2026
- HNW clients · 570 to 691Mar 31, 2025 to Mar 31, 2026
- Individual clients · 1,823 to 1,829Mar 31, 2025 to Mar 31, 2026
- Employees · 34 to 31Mar 31, 2025 to Mar 31, 2026
- State-registered IARs · 33 to 31Mar 31, 2025 to Mar 31, 2026
- Discretionary RAUM · $3.1B to $3.6BMar 31, 2025 to Mar 31, 2026
- HNW RAUM · $1.5B to $1.9BMar 31, 2025 to Mar 31, 2026
- Individual RAUM · $791M to $892MMar 31, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $356M to $421MMar 31, 2025 to Mar 31, 2026
- Pension RAUM · $118M to $138MMar 31, 2025 to Mar 31, 2026
- RAUM · $3.4B to $4.0BMar 31, 2025 to Mar 31, 2026
- Wrap assets (sponsor) · $12.4M to $11.3MMar 31, 2025 to Mar 31, 2026
- Accounts · 6,330 to 6,789Mar 27, 2024 to Mar 31, 2025
- Corporate clients · 1,079 to 989Mar 27, 2024 to Mar 31, 2025
- HNW clients · 668 to 570Mar 27, 2024 to Mar 31, 2025
- Individual clients · 1,538 to 1,823Mar 27, 2024 to Mar 31, 2025
- Pension plan clients · 20 to 18Mar 27, 2024 to Mar 31, 2025
- Financial planning clients · 251-500 to 251-500Mar 27, 2024 to Mar 31, 2025
- Discretionary RAUM · $2.6B to $3.1BMar 27, 2024 to Mar 31, 2025
- HNW RAUM · $1.4B to $1.5BMar 27, 2024 to Mar 31, 2025
- Individual RAUM · $488M to $791MMar 27, 2024 to Mar 31, 2025
- Non-discretionary RAUM · $322M to $356MMar 27, 2024 to Mar 31, 2025
- Pension RAUM · $128M to $118MMar 27, 2024 to Mar 31, 2025
- RAUM · $2.9B to $3.4BMar 27, 2024 to Mar 31, 2025
- Related insurance company · true to falseMar 27, 2024 to Mar 31, 2025
- Wrap assets (sponsor) · $11.8M to $12.4MMar 27, 2024 to Mar 31, 2025
- Accounts · 6,087 to 6,330Jan 17, 2024 to Mar 27, 2024
- Advisory employees · 32 to 33Jan 17, 2024 to Mar 27, 2024
- Advisory activities · 4 to 3Jan 17, 2024 to Mar 27, 2024
- BD registered reps · 33 to 34Jan 17, 2024 to Mar 27, 2024
- Corporate clients · 935 to 1,079Jan 17, 2024 to Mar 27, 2024
- HNW clients · 615 to 668Jan 17, 2024 to Mar 27, 2024
- Individual clients · 2,381 to 1,538Jan 17, 2024 to Mar 27, 2024
- Pension plan clients · 21 to 20Jan 17, 2024 to Mar 27, 2024
- Commission compensation · false to trueJan 17, 2024 to Mar 27, 2024
- Employees · 33 to 34Jan 17, 2024 to Mar 27, 2024
- State-registered IARs · 32 to 33Jan 17, 2024 to Mar 27, 2024
Signals
1 dated events
- Michael G Jackie left Thoroughbred Financial Services, Llc for J.P. Morgan Securities Llc (registered 2024-09-10)May 14, 2024 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
- Thoroughbred Financial Services, LLC · Private Equityshared crd · intermediary
How to reach
public business contact points only, each with its source
- Website
- THOROUGHBREDFINANCIAL.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 615-371-0001reportedpublic record, Form ADV, Mar 31, 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
- $119Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026