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RIA / WealthRegistered adviserasset managerSEC registeredRAUM 100m 1b

OUTCOME DRIVEN STRATEGIES, LLC

CRD 311398

HUNT VALLEY, MD

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:5697c6d5-75a2-439f-a725-0bd01dff78c9

Data as of Mar 27, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 12:31 AM UTC and rebuilt at most every 15 minutes.

Relationships: 24
Dated events: 7
On other graphs: 0
Observed: Jan 5, 2021 to Mar 27, 2026
14 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: asset managerderivedprivate_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=4.0
Regulatory AUM: $360MItem 5.F on the latest filing (2026-03-27); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $360M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 3
RAUM per advisor: $120Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 10
Advisory employees: 6
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 639
SEC number: 801-120270
CRD: 311398
Filings on the tape: 14
First filed: Jan 5, 2021
Latest filed: Mar 27, 2026
Organised: Limited Liability Company, DE

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
AXIO ADVISORS LLC	Member	D	yes	07/2020	Jan 5, 2021	Mar 28, 2024
BIDDISON, THOMAS, NICHOLS	Partner	D	yes	12/2001	Jan 11, 2021	Mar 28, 2024
BIDDISON, THOMAS, NICHOLS	Member	Na	yes	12/2001	Jan 11, 2021	Mar 28, 2024
CHESAPEAKE ADVISORY GROUP, LLP	Owner	D	yes	04/2017	Jan 5, 2021	Mar 28, 2024
CORNERSTONE ADVISORY	Member	D	yes	07/2020	Jan 5, 2021	Mar 28, 2024
HUBER, DONALD, STEPHEN	Partner	D	yes	12/2001	Jan 11, 2021	Mar 28, 2024
ICAPITAL INC.	SOLE SHAREHOLDER OF INSTITUTIONAL CAPITAL NETWORK, INC.	E	yes	08/2022	Dec 5, 2022	Mar 28, 2024
JOHNSON, ERIK, DORSEY	Partner	E	yes	10/1997	Jan 11, 2021	Mar 28, 2024
PRIVATE FUND ADVISORS, INC.	Owner	C	yes	04/2017	Jan 5, 2021	Mar 28, 2024
THOME, CHRISTOPHER, WESLEY	CHIEF COMPLIANCE OFFICER	Na	yes	01/2023	Jan 31, 2023	Mar 28, 2024
INSTITUTIONAL CAPITAL NETWORK, INC.	SOLE MEMBER OF AXIO ADVISORS LLC	E	no	10/2021	Oct 17, 2022	Mar 28, 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
ICAPITAL ADVISORS, LLC	n/a	Asset manager	$150B	N	yes	n/a
ALPHAKEYS FUND ADVISOR, L.L.C.	n/a	Former SEC adviser	$7.0B	N	yes	n/a
CORNERSTONE ADVISORY, LLC	n/a	Independent wealth	$2.2B	N	no	n/a
ICAPITAL REGISTERED FUND ADVISER LLC	n/a	Asset manager	$1.2B	N	yes	n/a
ALAIA CAPITAL, LLC	n/a	No RAUM reported	$0	N	yes	n/a
ALPHAKEYS STRATEGIES, L.L.C.	n/a	n/a	n/a	N	yes	n/a
GLENDOWER ACCESS SECONDARY OPPS GP LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL AI GP, LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL AI MANAGER LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL ALTERNATIVE INVESTMENTS, LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL ANNUITIES AND INSURANCE SERVICES LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL DIRECT GP LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL HF GP, LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL HONG KONG LTD	n/a	n/a	n/a	N	yes	n/a
ICAPITAL II GP LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL LUXEMBOURG STRATEGIES GP, SARL	n/a	n/a	n/a	N	yes	n/a
ICAPITAL MARKETS LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL MLP FUND GP, LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL NETWORK CANADA GP LTD.	n/a	n/a	n/a	N	yes	n/a
ICAPITAL NETWORK CANADA LTD.	n/a	n/a	n/a	N	yes	n/a
ICAPITAL NETWORK TECHNOLOGY SOLUTIONS, LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL PE GP, LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL PRIVATE EQUITY OFFSHORE LTD.	n/a	n/a	n/a	N	yes	n/a
ICAPITAL SG PTE LTD.	n/a	n/a	n/a	N	yes	n/a
ICAPITAL STRATEGIES II LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL STRATEGIES LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL STRATEGIES MANAGER LLC	n/a	n/a	n/a	N	yes	n/a
ICAPITAL-ROYALTY I GP, LLC	n/a	n/a	n/a	N	yes	n/a
ICN OAK MANAGEMENT, LLC	n/a	n/a	n/a	N	yes	n/a
ICN/SOFI MANAGEMENT LLC	n/a	n/a	n/a	N	yes	n/a
INSTITUTIONAL CN (EUROPE) - EMPRESA DE INVESTIMENTO, S. A	n/a	n/a	n/a	N	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
SEVERNA PARK	Md	United States	0	no
NEW YORK	NY	United States	0	yes

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
2025	Mar 27, 2026	$360M	$360M	10	6	2	n/a	n/a
2024	Mar 26, 2025	$235M	$235M	10	6	2	n/a	n/a
2023	Mar 28, 2024	$196M	$196M	10	6	2	n/a	n/a
2022	Mar 29, 2023	$139M	$139M	10	4	2	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	0	0

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
2025	$360M	$235M	53.2%	$139M	37.3%	10	10	2	2

Relationships

Affiliated with (10)

← CORNERSTONE ADVISORYRegistered adviserother investment adviser, common control
factForm ADV
← ICAPITAL ADVISORS, LLCRegistered adviserother investment adviser, common control
factForm ADV
← ICAPITAL FUND ADVISORS LLCRegistered adviserother investment adviser, common control
factForm ADV
← IDIRECT PRIVATE CREDIT ADVISORS LLCRegistered adviserother investment adviser, common control
factForm ADV
← ICAPITAL REGISTERED FUND ADVISER LLCRegistered adviserother investment adviser, common control
factForm ADV
→ UBS FUND ADVISOR, L.L.C.Registered adviserother investment adviser, bank, common control
factForm ADV
→ CORNERSTONE ADVISORYRegistered adviserother investment adviser
factForm ADV
→ ICAPITAL ADVISORS, LLCRegistered adviserother investment adviser, bank, pooled vehicle sponsor, common control
factForm ADV
→ ALAIA CAPITAL, LLCRegistered adviserother investment adviser, common control
factForm ADV
→ ICAPITAL REGISTERED FUND ADVISER LLCRegistered adviserother investment adviser, bank, common control
factForm ADV

Registered with (3)

← DONALD STEPHEN HUBERAdvisorregistration: current employment
Nov 8, 2023 to presentfactForm ADV
← ERIK DORSEY JOHNSONAdvisorregistration: current employment
Nov 1, 2023 to presentfactForm ADV
← THOMAS NICHOLS BIDDISONAdvisorregistration: current employment
Nov 1, 2023 to presentfactForm ADV

Controls (9)

← CORNERSTONE ADVISORYOwnerMEMBER, ownership code D, domestic entity
Jan 5, 2021 to Mar 28, 2024factForm ADV
← JOHNSON, ERIK, DORSEYOwnerPARTNER, ownership code E, individual
Jan 11, 2021 to Mar 28, 2024factForm ADV
← HUBER, DONALD, STEPHENOwnerPARTNER, ownership code D, individual
Jan 11, 2021 to Mar 28, 2024factForm ADV
← BIDDISON, THOMAS, NICHOLSOwnerPARTNER, ownership code D, individual
Jan 11, 2021 to Mar 28, 2024factForm ADV
← THOME, CHRISTOPHER, WESLEYOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Jan 31, 2023 to Mar 28, 2024factForm ADV
← AXIO ADVISORS LLCOwnerMEMBER, ownership code D, domestic entity
Jan 5, 2021 to Mar 28, 2024factForm ADV
← CHESAPEAKE ADVISORY GROUP, LLPOwnerOWNER, ownership code D, domestic entity
Jan 5, 2021 to Mar 28, 2024factForm ADV
← ICAPITAL INC.OwnerSOLE SHAREHOLDER OF INSTITUTIONAL CAPITAL NETWORK, INC., ownership code E, domestic entity
Dec 5, 2022 to Mar 28, 2024factForm ADV
← PRIVATE FUND ADVISORS, INC.OwnerOWNER, ownership code C, domestic entity
Jan 5, 2021 to Mar 28, 2024factForm ADV

Owns (1)

← INSTITUTIONAL CAPITAL NETWORK, INC.OwnerSOLE MEMBER OF AXIO ADVISORS LLC, ownership code E, domestic entity
Oct 17, 2022 to Mar 28, 2024factForm ADV

Dated events

Occurred
Mar 27, 2026
Regulatory AUM changed
Outcome Driven Strategies, Llc reported RAUM $360.4M, up 53% from $235.2M (2025-03-26 to 2026-03-27)
Form ADVobserved 3 days ago
$125M
Occurred
Jan 31, 2023
Control person left
Seth Ian Shainbrown (Chief Compliance Officer) no longer on Schedule A of Outcome Driven Strategies, Llc (listed 2023-01-26, absent 2023-01-31)
Form ADVobserved 3 days ago
Occurred
Jan 31, 2023
Control person joined
Wesley Christopher Thome (Chief Compliance Officer) appeared on Schedule A of Outcome Driven Strategies, Llc
Form ADVobserved 3 days ago
Occurred
Jan 11, 2021
Control person joined
Stephen Donald Huber (Partner) appeared on Schedule A of Outcome Driven Strategies, Llc
Form ADVobserved 3 days ago
Occurred
Jan 11, 2021
Control person joined
Nichols Thomas Biddison (Partner) appeared on Schedule A of Outcome Driven Strategies, Llc
Form ADVobserved 3 days ago
Occurred
Jan 11, 2021
Control person joined
Dorsey Erik Johnson (Partner) appeared on Schedule A of Outcome Driven Strategies, Llc
Form ADVobserved 3 days ago
Occurred
Jan 5, 2021
First Form ADV filing
Outcome Driven Strategies, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 3 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:5697c6d5-75a2-439f-a725-0bd01dff78c9
First observed: Jan 5, 2021
Last observed: Mar 27, 2026 5 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.

OUTCOME DRIVEN STRATEGIES, LLC

CRD 311398

HUNT VALLEY, MD

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:5697c6d5-75a2-439f-a725-0bd01dff78c9

Data as of Mar 27, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 12:31 AM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

AXIO ADVISORS LLC

Member

yes

07/2020

Jan 5, 2021

Mar 28, 2024

BIDDISON, THOMAS, NICHOLS

Partner

yes

12/2001

Jan 11, 2021

Mar 28, 2024

BIDDISON, THOMAS, NICHOLS

Member

yes

12/2001

Jan 11, 2021

Mar 28, 2024

CHESAPEAKE ADVISORY GROUP, LLP

Owner

yes

04/2017

Jan 5, 2021

Mar 28, 2024

CORNERSTONE ADVISORY

Member

yes

07/2020

Jan 5, 2021

Mar 28, 2024

HUBER, DONALD, STEPHEN

Partner

yes

12/2001

Jan 11, 2021

Mar 28, 2024

ICAPITAL INC.

SOLE SHAREHOLDER OF INSTITUTIONAL CAPITAL NETWORK, INC.

yes

08/2022

Dec 5, 2022

Mar 28, 2024

JOHNSON, ERIK, DORSEY

Partner

yes

10/1997

Jan 11, 2021

Mar 28, 2024

PRIVATE FUND ADVISORS, INC.

Owner

yes

04/2017

Jan 5, 2021

Mar 28, 2024

THOME, CHRISTOPHER, WESLEY

CHIEF COMPLIANCE OFFICER

yes

01/2023

Jan 31, 2023

Mar 28, 2024

INSTITUTIONAL CAPITAL NETWORK, INC.

SOLE MEMBER OF AXIO ADVISORS LLC

10/2021

Oct 17, 2022

Mar 28, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

ICAPITAL ADVISORS, LLC

n/a

Asset manager

$150B

yes

n/a

ALPHAKEYS FUND ADVISOR, L.L.C.

n/a

Former SEC adviser

$7.0B

yes

n/a

CORNERSTONE ADVISORY, LLC

n/a

Independent wealth

$2.2B

n/a

ICAPITAL REGISTERED FUND ADVISER LLC

n/a

Asset manager

$1.2B

yes

n/a

ALAIA CAPITAL, LLC

n/a

No RAUM reported

yes

n/a

ALPHAKEYS STRATEGIES, L.L.C.

n/a

yes

n/a

GLENDOWER ACCESS SECONDARY OPPS GP LLC

n/a

yes

n/a

ICAPITAL AI GP, LLC

n/a

yes

n/a

ICAPITAL AI MANAGER LLC

n/a

yes

n/a

ICAPITAL ALTERNATIVE INVESTMENTS, LLC

n/a

yes

n/a

ICAPITAL ANNUITIES AND INSURANCE SERVICES LLC

n/a

yes

n/a

ICAPITAL DIRECT GP LLC

n/a

yes

n/a

ICAPITAL HF GP, LLC

n/a

yes

n/a

ICAPITAL HONG KONG LTD

n/a

yes

n/a

ICAPITAL II GP LLC

n/a

yes

n/a

ICAPITAL LUXEMBOURG STRATEGIES GP, SARL

n/a

yes

n/a

ICAPITAL MARKETS LLC

n/a

yes

n/a

ICAPITAL MLP FUND GP, LLC

n/a

yes

n/a

ICAPITAL NETWORK CANADA GP LTD.

n/a

yes

n/a

ICAPITAL NETWORK CANADA LTD.

n/a

yes

n/a

ICAPITAL NETWORK TECHNOLOGY SOLUTIONS, LLC

n/a

yes

n/a

ICAPITAL PE GP, LLC

n/a

yes

n/a

ICAPITAL PRIVATE EQUITY OFFSHORE LTD.

n/a

yes

n/a

ICAPITAL SG PTE LTD.

n/a

yes

n/a

ICAPITAL STRATEGIES II LLC

n/a

yes

n/a

ICAPITAL STRATEGIES LLC

n/a

yes

n/a

ICAPITAL STRATEGIES MANAGER LLC

n/a

yes

n/a

ICAPITAL-ROYALTY I GP, LLC

n/a

yes

n/a

ICN OAK MANAGEMENT, LLC

n/a

yes

n/a

ICN/SOFI MANAGEMENT LLC

n/a

yes

n/a

INSTITUTIONAL CN (EUROPE) - EMPRESA DE INVESTIMENTO, S. A

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

SEVERNA PARK

United States

NEW YORK

United States

yes

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 27, 2026

$360M

n/a

2024

Mar 26, 2025

$235M

n/a

2023

Mar 28, 2024

$196M

n/a

2022

Mar 29, 2023

$139M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$360M

$235M

53.2%

$139M

37.3%