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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 100m 1b

EMFO, LLC

CRD 289997

WESTON, FL

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:18644a2c-1ac5-b284-418d-3393db997a81

Data as of Aug 9, 2024 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 9:41 PM UTC and rebuilt at most every 15 minutes.

Relationships: 15
Dated events: 21
On other graphs: 0
Observed: Sep 26, 2017 to Aug 9, 2024
22 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $502MItem 5.F on the latest filing (2024-08-09); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $502M
Private client RAUM: $204MderivedItem 5.D individuals plus high net worth individuals
Private client share: 41%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 19
Advisory employees: 7
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 274
Individual clients: 37
High net worth clients: 36
Custody, client assets: $410M
SEC number: 801-111928
CRD: 289997
Filings on the tape: 22
First filed: Sep 26, 2017
Latest filed: Aug 9, 2024
Organised: Limited Liability Company, Florida

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
CI FINANCIAL CORP	Owner	E	yes	11/2019	Aug 9, 2024	Aug 9, 2024
CORIENT HOLDINGS INC	Owner	E	yes	07/2023	Aug 9, 2024	Aug 9, 2024
CORIENT MANAGEMENT LLC	Owner	E	yes	12/2023	Aug 9, 2024	Aug 9, 2024
CORIENT PARTNERS LLC	Owner	E	yes	02/2022	Aug 9, 2024	Aug 9, 2024
CORIENT PRIVATE WEALTH	Owner	D	yes	07/2024	Aug 9, 2024	Aug 9, 2024
ESTEP, STEPHEN, CHAD	CHIEF COMPLIANCE OFFICER	Na	yes	07/2024	Aug 9, 2024	Aug 9, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
CORIENT PRIVATE WEALTH LLC	n/a	Independent wealth	$165B	Y	yes	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2023	Mar 8, 2024	$502M	$502M	19	7	0	n/a	n/a
2022	Mar 14, 2023	$822M	$822M	16	6	0	n/a	n/a
2021	Mar 17, 2022	$287M	$287M	14	5	1	n/a	n/a
2020	Mar 19, 2021	$226M	$224M	14	5	1	n/a	n/a
2019	Mar 13, 2020	$334M	$304M	14	5	2	n/a	n/a
2018	Mar 18, 2019	$211M	$211M	10	4	1	n/a	n/a
2017	Feb 21, 2018	$110M	$110M	10	4	1	n/a	n/a

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2023	$502M	$822M	-38.9%	$226M	30.4%	19	16	0	0

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
Corient	5	Aug 31, 2024	Aug 19, 2024	WESTON, FL	Firm absorbed	RIA to RIA	100.0%

Relationships

Affiliated with (2)

→ CORIENTRegistered adviserother investment adviser, control, common control
factForm ADV
← EMERALD ASSET ADVISORS LLCRegistered adviserother investment adviser, common control
factForm ADV

Controls (6)

← ESTEP, STEPHEN, CHADOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Aug 9, 2024 to presentfactForm ADV
← CI FINANCIAL CORPOwnerOWNER, ownership code E, foreign entity
Aug 9, 2024 to presentfactForm ADV
← CORIENT HOLDINGS INCOwnerOWNER, ownership code E, domestic entity
Aug 9, 2024 to presentfactForm ADV
← CORIENT MANAGEMENT LLCOwnerOWNER, ownership code E, domestic entity
Aug 9, 2024 to presentfactForm ADV
← CORIENT PARTNERS LLCOwnerOWNER, ownership code E, domestic entity
Aug 9, 2024 to presentfactForm ADV
← CORIENT PRIVATE WEALTHOwnerOWNER, ownership code D, domestic entity
Aug 9, 2024 to presentfactForm ADV

Registered with (6)

← SCOT LAURENCE HUNTERAdvisorregistration: previous registration
Nov 2, 2017 to Aug 31, 2024factForm ADV
← KEITH DAVID STOLOFFAdvisorregistration: previous registration
Nov 1, 2017 to Aug 31, 2024factForm ADV
← GEORGE DAVID SUAREZAdvisorregistration: previous registration
Apr 30, 2019 to Aug 31, 2024factForm ADV
← ALLAN MICHAEL BUDELMANAdvisorregistration: previous registration
Nov 1, 2017 to Aug 31, 2024factForm ADV
← Kevin William BrownAdvisorregistration: previous registration
Jun 29, 2022 to Aug 31, 2024factForm ADV
← AARON CHARLES LITMANAdvisorregistration: previous registration
Jun 25, 2023 to Jul 7, 2023factForm ADV

Moved with (1)

→ CORIENTRegistered adviser5 advisors, firm absorbed, same day
Aug 31, 2024 to Aug 19, 2024factForm ADV

Dated events

Occurred
Aug 31, 2024
Firm absorbed
Emfo, LLC's advisors moved to Corient (Weston, FL): 5 of 5 registered, on the same day
Form ADVobserved 6 days ago
5 advisors
Occurred
Aug 31, 2024
Advisor changed firm
George David Suarez left Emfo, Llc for Corient (registered 2024-08-15)
Form ADVobserved 6 days ago
Occurred
Aug 31, 2024
Advisor changed firm
Allan Michael Budelman left Emfo, Llc for Corient (registered 2024-08-19)
Form ADVobserved 6 days ago
Occurred
Aug 31, 2024
Advisor changed firm
Scot Laurence Hunter left Emfo, Llc for Corient (registered 2024-08-16)
Form ADVobserved 6 days ago
Occurred
Aug 31, 2024
Advisor changed firm
Keith David Stoloff left Emfo, Llc for Corient (registered 2024-08-16)
Form ADVobserved 6 days ago
Occurred
Aug 31, 2024
Advisor changed firm
Kevin William Brown left Emfo, Llc for Corient (registered 2024-08-15)
Form ADVobserved 6 days ago
Occurred
Aug 9, 2024
Control person left
Laurence Scot Hunter (Co-Founder And Chief Strategic Officer) no longer on Schedule A of Emfo, Llc (listed 2024-03-08, absent 2024-08-09)
Form ADVobserved 6 days ago
Occurred
Aug 9, 2024
Control person left
Michael Allan Budelman (Co-Founder And Chief Executive Officer) no longer on Schedule A of Emfo, Llc (listed 2024-03-08, absent 2024-08-09)
Form ADVobserved 6 days ago
Occurred
Aug 9, 2024
Control person left
Jo Melissa Budelman (Chief Compliance Officer) no longer on Schedule A of Emfo, Llc (listed 2024-03-08, absent 2024-08-09)
Form ADVobserved 6 days ago
Occurred
Aug 9, 2024
Control person left
David Keith Stoloff (Managing Member) no longer on Schedule A of Emfo, Llc (listed 2024-03-08, absent 2024-08-09)
Form ADVobserved 6 days ago
Occurred
Aug 9, 2024
Control person left
Francis Colm Smith (Partner Head Of Research) no longer on Schedule A of Emfo, Llc (listed 2024-03-08, absent 2024-08-09)
Form ADVobserved 6 days ago
Occurred
Aug 9, 2024
Control person joined
Chad Stephen Estep (Chief Compliance Officer) appeared on Schedule A of Emfo, Llc
Form ADVobserved 6 days ago
Occurred
Mar 8, 2024
Regulatory AUM changed
Emfo, Llc reported RAUM $501.7M, down 39% from $821.7M (2023-11-06 to 2024-03-08)
Form ADVobserved 6 days ago
$-320M
Occurred
Jul 7, 2023
Advisor changed firm
Aaron Charles Litman left Emfo, Llc for Ameriprise Financial Services, Llc (registered 2023-10-25)
Form ADVobserved 6 days ago
Occurred
Mar 14, 2023
Regulatory AUM changed
Emfo, Llc reported RAUM $821.7M, up 187% from $286.6M (2022-11-09 to 2023-03-14)
Form ADVobserved 6 days ago
$535M
Occurred
Jul 29, 2022
Control person joined
Francis Colm Smith (Partner Head Of Research) appeared on Schedule A of Emfo, Llc
Form ADVobserved 6 days ago
Occurred
Mar 19, 2021
Regulatory AUM changed
Emfo, Llc reported RAUM $226.0M, down 32% from $333.9M (2020-06-15 to 2021-03-19)
Form ADVobserved 6 days ago
$-108M
Occurred
Mar 13, 2020
Regulatory AUM changed
Emfo, Llc reported RAUM $333.9M, up 58% from $211.5M (2019-07-05 to 2020-03-13)
Form ADVobserved 6 days ago
$122M
Occurred
Mar 13, 2020
Control person joined
David Keith Stoloff (Managing Member) appeared on Schedule A of Emfo, Llc
Form ADVobserved 6 days ago
Occurred
Mar 18, 2019
Regulatory AUM changed
Emfo, Llc reported RAUM $211.5M, up 92% from $110.0M (2018-02-21 to 2019-03-18)
Form ADVobserved 6 days ago
$101M
Occurred
Sep 26, 2017
First Form ADV filing
Emfo, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:18644a2c-1ac5-b284-418d-3393db997a81
First observed: Sep 26, 2017
Last observed: Aug 9, 2024 25 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

EMFO, LLC

CRD 289997

WESTON, FL

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:18644a2c-1ac5-b284-418d-3393db997a81

Data as of Aug 9, 2024 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 9:41 PM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

CI FINANCIAL CORP

Owner

yes

11/2019

Aug 9, 2024

CORIENT HOLDINGS INC

Owner

yes

07/2023

Aug 9, 2024

CORIENT MANAGEMENT LLC

Owner

yes

12/2023

Aug 9, 2024

CORIENT PARTNERS LLC

Owner

yes

02/2022

Aug 9, 2024

CORIENT PRIVATE WEALTH

Owner

yes

07/2024

Aug 9, 2024

ESTEP, STEPHEN, CHAD

CHIEF COMPLIANCE OFFICER

yes

07/2024

Aug 9, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

CORIENT PRIVATE WEALTH LLC

n/a

Independent wealth

$165B

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2023

Mar 8, 2024

$502M

n/a

2022

Mar 14, 2023

$822M

n/a

2021

Mar 17, 2022

$287M

n/a

2020

Mar 19, 2021

$226M

$224M

n/a

2019

Mar 13, 2020

$334M

$304M

n/a

2018

Mar 18, 2019

$211M

n/a

2017

Feb 21, 2018

$110M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2023

$502M

$822M

-38.9%

$226M

30.4%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

Corient

Aug 31, 2024

Aug 19, 2024

WESTON, FL

Firm absorbed

RIA to RIA

100.0%