DFX Intelligence
Allocator Intelligence
The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.
Investment consultant
Cardinal Investment Advisors
Advisory clients on the tape
3
Schedule C, ACFR
Public-system clients
0
ACFR and seeds
ADV institutional clients
31
filed Mar 28, 2025
ADV institutional RAUM
n/a
pension, government, charity, insurance, sovereign
ADV discretionary RAUM
n/a
Item 5.F
Classification basis: Form ADV 5.G(6) pension consulting; institutional RAUM share 0.00; discretionary RAUM n/a. An OCIO holds discretion over at least $5B of institutional assets; a consultant advises.
Advisory clients
3 allocators
- WPS Pension Plan Investment adviser (plan)through Dec 31, 2025 Form 5500
- Non-Contributory Retirement Program for Certain Employees of Bcs Financial Corporation Investment adviser (plan)through Dec 31, 2022 Form 5500
- Premera Pension Equity Plan General consultantthrough Dec 31, 2022 Form 5500
Schedule C rows
12 rows, $845,383 direct compensation as filed
| Plan | Plan year | Codes | Relationship as filed | Direct compensation |
|---|---|---|---|---|
| WPS Pension Plan | 2025 | 27 50 | NONE | $70,908 |
| WPS Pension Plan | 2024 | 27 50 | NONE | $145,632 |
| Premera Pension Equity Plan | 2024 | 16 17 27 49 50 70 | INVESTMENT ADVISOR | $46,302 |
| Amerisure Mutual Insurance Company Cash Balance Pension Plan | 2024 | 28 | NONE | $20,000 |
| WPS Pension Plan | 2023 | 27 50 | NONE | $145,632 |
| Liberty Mutual Retirement Benefit Plan | 2023 | 28 51 | NONE | $117,000 |
| Premera Pension Equity Plan | 2023 | 16 17 27 49 50 70 | INVESTMENT ADVISOR | $39,338 |
| Amerisure Mutual Insurance Company Cash Balance Pension Plan | 2023 | 28 | NONE | $20,000 |
| WPS Pension Plan | 2022 | 27 50 | NONE | $142,892 |
| Non-Contributory Retirement Program for Certain Employees of Bcs Financial Corporation | 2022 | 27 | INVESTMENT ADVISORY | $40,833 |
| Premera Pension Equity Plan | 2022 | 16 17 27 49 50 70 | INVESTMENT ADVISOR | $36,846 |
| Amerisure Mutual Insurance Company Cash Balance Pension Plan | 2022 | 28 | NONE | $20,000 |
Form ADV readings
- charity clients 8 Mar 28, 2025 reported
- institutional clients 31 Mar 28, 2025 reported
- pension plan clients 23 Mar 28, 2025 reported
What changed
- Cardinal Investment Advisors no longer appears on Premera Pension Equity Plan's Schedule C as general consultant (plan year 2025 vs 2024)with Cardinal Investment Advisorsaskebsa.dol.gov
- Cardinal Investment Advisors, LLC no longer appears on Liberty Mutual Retirement Benefit Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Cardinal Investment Advisorsaskebsa.dol.gov
- Dec 31, 2023Consultant changedinferenceNon-Contributory Retirement Program for Certain Employees of Bcs Financial CorporationCardinal Investment Advisory no longer appears on Non-Contributory Retirement Program for Certain Employees of Bcs Financial Corporation's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)with Cardinal Investment Advisorsaskebsa.dol.gov
- Cardinal Investment Advisors, LLC appears on Liberty Mutual Retirement Benefit Plan's Schedule C as investment manager (plan year 2023 vs 2022)with Cardinal Investment Advisorsaskebsa.dol.gov