FWL INVESTMENT MANAGEMENT, LLC

C36
CRD 174119·SEC 801-110851·DALLAS, TX
AUM
$1.24B
$1B+
Est. Revenue
$12.4M
@ 1% on AUM
Est. EBITDA
$3.7M
@ 30% margin
Est. Deal Value
$29.8M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
FWL INVESTMENT MANAGEMENT, LLC
CRD
174119
SEC file #
801-110851
EIN
472432324
DBA names
Lear Investment Management

Economics

AUM
$1.24B
AUM band
$1B+
AUM trajectory
'20'26
$162.4M → $1.24B▲ +664%
Client mix
Individuals Other189
Individuals High Net Worth96
Other Investment Advisers9

Operations

Employees (total)
7
Advisory staff (per ADV)
4
Advisory staff (5-yr trend)
'20'26
4 advisors → 4 advisors▬ 0%
Primary office
DALLAS TX
Branches

Custodian & Brokerage

Primary custodian
Charles Schwablow confidence
Services offered
Portfolio mgmt — individualsPortfolio mgmt — businessesOther Advisory Services
Fee basis
% of AUM

Filings

Latest ADV filing
03/31/2026
ADV-W filed at

Compliance

Disclosures (firm)
0
Trademark
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
LEAR, FREDERICK, WAYNE
Top Owner Pct
87.5
Top Owner Entity Kind
I
Owner Count
2
Control Persons
LEAR, FREDERICK, WAYNE
Gould, Thayne, E
Solo Advisor Indicator
No
Succession Risk Solo Owner
Yes
Is Parent Owned Subsidiary
No

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
social_url_excluded:linkedin.com

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Cik
0001829231
Edgar Registered
Yes
Edgar Filing Count
25
Edgar First Filing Date
2021-01-19
Edgar Last Filing Date
2026-05-15
Edgar 13f Count
23
Edgar 13f Latest AUM Estimate
Filing Date2026-05-15
Accession0001999371-26-010798

Compliance & brand

Firm Registration Status
active

All other collected signals (12)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
3
Bc Firm IAR Count
3
Custodian Candidates
Full
Charles Schwab6
E*trade4
Fidelity2
Edgar Addresses
Mailing
2911 TURTLE CREEK BOULEVARDSUITE 920DALLAS, TX 75219
Business
2911 TURTLE CREEK BOULEVARDSUITE 920DALLAS, TX 75219
Edgar EIN
472432324
Edgar Recent Filings
13F-HR2026-05-15 · 0001999371-26-010798
13F-HR2026-02-17 · 0001999371-26-003378
Firm Has Custody
Yes
Mailing Office Differs
No
Top Owner CRD
2797286
Trust Company Affiliate
No