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

Protected Investors Of America

Former SEC-registered adviserSan Francisco, CaliforniaCRD 6082SEC 801-10299IAPD
Latest filing Jan 11, 2016
First filing on the tape Mar 12, 2012 · 20 filings
RAUM
$608M
reported, Item 5.F
Discretionary
50%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
68
52 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$608M as of Sep 30, 2015
Sep 26, 2012$374M then
HNW client RAUM: no history
State-registered IARs (5.B.3)52 as of Sep 30, 2015
Sep 26, 20120 then
Employees (5.A)68 as of Sep 30, 2015
Sep 27, 201349 then
Private funds: no history
RAUM +23% over the last fiscal year+18% a year over threeIARs 60 to 52
Practice profile
derived from the filing of Jan 11, 2016; every figure names its basis
RAUM per advisor
$11.7MderivedRAUM 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
$283,816derivedRAUM over accounts (5.F.2.f)
Discretionary
50%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
2.3derived23 offices incl. principal (1.F.5)
RAUM growth, one year
+23%derivedbetween 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, hourly, fixed fees, commissionsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, educational seminarsreportedItem 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 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
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2,142reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourly, commissionsreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • John Thomas Armstead · Chairmancontrol
      since 09/2011 · owns 5% to 10%
    • Sonya Brooke Dreizler · President / Ceo / Finopcontrol
      since 01/2015 · owns less than 5%
    • David Howard Kobe · Director/Treasurercontrol
      since 09/2011 · owns less than 5%
    • Sharon Solomon Nasstrom · Director/Secretarycontrol
      since 09/2011 · owns less than 5%
    • Rita Kay Buchfinck · Shareholder
      since 09/1999 · owns 5% to 10%
    • Michael J Calvelli · Director
      since 08/2014 · owns less than 5%
    • Robert Laurie Dreizler · Trustee Of Dreizler Family Trust
      since 06/2009 · owns less than 5%
    • Irving Martyn Ford · Shareholder
      since 09/2008 · owns 5% to 10%
    • Heidi Ann Johnson · Chief Compliance Officer
      since 01/2015 · owns less than 5%
    • David Howard Kobe · Trustee Of Kobe Family Trust (Dated 11-22-2004)
      since 09/2009 · owns less than 5%
    • Lisa Denise Tuemmler · Director
      since 08/2014 · owns less than 5%
    Entity owners
    • Armstead Family Trust Ua Dtd · Shareholder
      direct · owns 10% to 25%
    • Dreizler Family Trust · Shareholder
      direct · owns 5% to 10%
    • Kobe Family Trust (Dated 11-22-2004) · Shareholder
      direct · owns 5% to 10%
    • Nasstrom Trust · Shareholder
      direct · owns 5% to 10%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    • Alamo, CA
    • Berkeley, CA
    • Danville, CA
    • El Dorado Hills, CA
    • Fremont, CA
    • Lafayette, CA
    • Louisville, KY
    • Menlo Park, CA
    • Novato, CA
    • Pleasant Hill, CA
    • Sacramento, CA
    • San Anselmo, CA
    • San Francisco, CA
    • San Francisco, CA
    • San Ramon, CA
    • Santa Cruz, CA
    • Santa Rosa, CA
    • Walnut Creek, CA
    • Walnut Creek, CA
    • Walnut Creek, CA
    • Walnut Creek, CA
    • ,
    What changed
    consecutive filings, newest first
    • Accounts · 1,795 to 2,142
      Sep 18, 2015 to Sep 30, 2015
    • Advisory employees · 60 to 52
      Sep 18, 2015 to Sep 30, 2015
    • BD registered reps · 68 to 64
      Sep 18, 2015 to Sep 30, 2015
    • Employees · 72 to 68
      Sep 18, 2015 to Sep 30, 2015
    • Insurance-licensed employees · 2 to 4
      Sep 18, 2015 to Sep 30, 2015
    • State-registered IARs · 60 to 52
      Sep 18, 2015 to Sep 30, 2015
    • Discretionary RAUM · $48.7M to $303M
      Sep 18, 2015 to Sep 30, 2015
    • Non-discretionary RAUM · $444M to $305M
      Sep 18, 2015 to Sep 30, 2015
    • RAUM · $493M to $608M
      Sep 18, 2015 to Sep 30, 2015
    • Related broker-dealer · false to true
      Sep 18, 2015 to Sep 30, 2015
    • Advisory activities · 3 to 4
      Sep 25, 2014 to Jan 20, 2015
    • Commission compensation · false to true
      Sep 25, 2014 to Jan 20, 2015
    • Insurance-licensed employees · 0 to 2
      Sep 25, 2014 to Jan 20, 2015
    • Accounts · 1,732 to 1,795
      Mar 25, 2014 to Sep 25, 2014
    • Advisory employees · 44 to 60
      Mar 25, 2014 to Sep 25, 2014
    • BD registered reps · 42 to 68
      Mar 25, 2014 to Sep 25, 2014
    • Employees · 49 to 72
      Mar 25, 2014 to Sep 25, 2014
    • Financial planning clients · 101-250 to 251-500
      Mar 25, 2014 to Sep 25, 2014
    • State-registered IARs · 44 to 60
      Mar 25, 2014 to Sep 25, 2014
    • Discretionary RAUM · $6.5M to $48.7M
      Mar 25, 2014 to Sep 25, 2014
    • Non-discretionary RAUM · $420M to $444M
      Mar 25, 2014 to Sep 25, 2014
    • RAUM · $426M to $493M
      Mar 25, 2014 to Sep 25, 2014
    • Accounts · 1,572 to 1,732
      Jul 23, 2013 to Sep 27, 2013
    • Advisory employees · 1 to 44
      Jul 23, 2013 to Sep 27, 2013
    • BD registered reps · 6 to 42
      Jul 23, 2013 to Sep 27, 2013
    • Employees · 10 to 49
      Jul 23, 2013 to Sep 27, 2013
    • State-registered IARs · 4 to 44
      Jul 23, 2013 to Sep 27, 2013
    • Discretionary RAUM · $83.1M to $6.5M
      Jul 23, 2013 to Sep 27, 2013
    • Non-discretionary RAUM · $291M to $420M
      Jul 23, 2013 to Sep 27, 2013
    • RAUM · $374M to $426M
      Jul 23, 2013 to Sep 27, 2013
    • Related adviser · true to false
      Jul 23, 2013 to Sep 27, 2013
    • Advisory employees · unset to 1.0
      Sep 26, 2012 to Nov 16, 2012
    • BD registered reps · unset to 6.0
      Sep 26, 2012 to Nov 16, 2012
    • Employees · unset to 10.0
      Sep 26, 2012 to Nov 16, 2012
    • State-registered IARs · 0 to 4
      Sep 26, 2012 to Nov 16, 2012
    • Accounts · 2,686 to 1,572
      Jul 30, 2012 to Sep 26, 2012
    • Financial planning clients · 251-500 to 101-250
      Jul 30, 2012 to Sep 26, 2012
    • Discretionary RAUM · $265M to $83.1M
      Jul 30, 2012 to Sep 26, 2012
    • Non-discretionary RAUM · $484M to $291M
      Jul 30, 2012 to Sep 26, 2012
    • RAUM · $750M to $374M
      Jul 30, 2012 to Sep 26, 2012
    Signals
    No event on the tape.
    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
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026