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RIA / WealthRegistered adviserasset managerSEC registeredRAUM under $100M

USA MUTUALS ADVISORS, INC.

CRD 131750

CONCORD, MA

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:5ebb21ff-8e94-d0c6-99fd-ebd9445b5f0f

Data as of Feb 10, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 8:00 PM UTC and rebuilt at most every 15 minutes.

Relationships: 11
Dated events: 13
On other graphs: 0
Observed: Oct 2, 2012 to Feb 10, 2026
30 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=false related_bank=false bd_reps=0.0
Regulatory AUM: $73.7MItem 5.F on the latest filing (2026-02-10); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $73.7M
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: 1
RAUM per advisor: $73.7Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 2
Advisory employees: 2
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 2
SEC number: 801-63216
CRD: 131750
Filings on the tape: 30
First filed: Oct 2, 2012
Latest filed: Feb 10, 2026
Organised: Corporation, TX
Website: usamutuals.com (portal to fund sites)

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
PAUL CONDE STREHLE	n/a	Wayland, MA \| CONCORD, MA	5	13	4	no

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
BAKER, ROBERT, LANCE	Cfo	Na	yes	06/2020	Sep 29, 2020	Sep 18, 2024
MUTUAL CAPITAL ALLIANCE, INC	Stockholder	E	yes	04/2004	Oct 2, 2012	Sep 18, 2024
SAPIO, RICHARD, ANDREW	Shareholder	D	yes	06/1994	Oct 2, 2012	Sep 18, 2024
STREHLE, PAUL, CONDE	President	B	yes	06/2021	Sep 29, 2021	Sep 18, 2024
CHICA, ANDREW, PAUL	CHIEF COMPLIANCE OFFICER	Na	no	08/2022	Sep 28, 2022	Sep 18, 2024

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; showing 14 of 15

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Feb 10, 2026	$73.7M	$73.7M	2	2	0	n/a	n/a
2024	Feb 3, 2025	$87.4M	$87.4M	4	2	0	n/a	n/a
2023	Sep 6, 2023	$104M	$104M	4	2	0	n/a	n/a
2022	Sep 28, 2022	$84.8M	$84.8M	2	2	0	n/a	n/a
2021	Sep 29, 2021	$124M	$124M	2	2	0	n/a	n/a
2020	Sep 29, 2020	$185M	$185M	6	3	1	n/a	n/a
2019	Dec 2, 2019	$252M	$252M	8	3	1	n/a	n/a
2018	Sep 4, 2018	$252M	$252M	8	3	1	n/a	n/a
2017	Sep 28, 2017	$235M	$235M	4	2	n/a	n/a	n/a
2016	Sep 28, 2016	$237M	$237M	4	2	n/a	n/a	n/a
2015	Sep 30, 2015	$253M	$253M	4	2	n/a	n/a	n/a
2014	Sep 29, 2014	$330M	$330M	3	1	n/a	n/a	n/a
2013	Sep 30, 2013	$165M	$165M	3	1	n/a	n/a	n/a
2012	Oct 2, 2012	$113M	$113M	n/a	n/a	n/a	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	$73.7M	$87.4M	-15.7%	$84.8M	-4.5%	2	4	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
FIDELITY PERSONAL AND WORKPLACE ADVISORS	2	Dec 31, 2019	Dec 15, 2021	MILWAUKEE, WI	Team lift out	Other	50.0%

Relationships

Registered with (5)

← PAUL CONDE STREHLEAdvisorregistration: current employment
Sep 23, 2020 to presentfactForm ADV
← CHARLES LOUIS NORTONAdvisorregistration: previous registration
Oct 3, 2005 to Dec 31, 2019factForm ADV
← NICHOLAUS GLOCKEAdvisorregistration: previous registration
May 11, 2018 to Dec 31, 2019factForm ADV
← CHANTZ KWAPICKAdvisorregistration: previous registration
Apr 5, 2019 to Dec 31, 2019factForm ADV
← Brian Andrew ShankAdvisorregistration: previous registration
May 31, 2018 to Dec 31, 2019factForm ADV

Controls (4)

← SAPIO, RICHARD, ANDREWOwnerSHAREHOLDER, ownership code D, individual
Oct 2, 2012 to Sep 18, 2024factForm ADV
← STREHLE, PAUL, CONDEOwnerPRESIDENT, ownership code B, individual
Sep 29, 2021 to Sep 18, 2024factForm ADV
← BAKER, ROBERT, LANCEOwnerCFO, ownership code NA, individual
Sep 29, 2020 to Sep 18, 2024factForm ADV
← MUTUAL CAPITAL ALLIANCE, INCOwnerSTOCKHOLDER, ownership code E, domestic entity
Oct 2, 2012 to Sep 18, 2024factForm ADV

Owns (1)

← CHICA, ANDREW, PAULOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Sep 28, 2022 to Sep 18, 2024factForm ADV

Moved with (1)

→ FIDELITY PERSONAL AND WORKPLACE ADVISORSRegistered adviser2 advisors, team lift out, same day
Dec 31, 2019 to Dec 15, 2021factForm ADV

Dated events

Occurred
Sep 28, 2022
Control person left
Dianne Descoteaux (Chief Compliance Officer) no longer on Schedule A of Usa Mutuals Advisors, Inc. (listed 2021-09-29, absent 2022-09-28)
Form ADVobserved 6 days ago
Occurred
Sep 29, 2021
Control person joined
Conde Paul Strehle (President) appeared on Schedule A of Usa Mutuals Advisors, Inc.
Form ADVobserved 6 days ago
Occurred
Sep 29, 2021
Control person left
Lee Jeffrey Bottom (President) no longer on Schedule A of Usa Mutuals Advisors, Inc. (listed 2020-09-29, absent 2021-09-29)
Form ADVobserved 6 days ago
Occurred
Sep 29, 2021
Control person left
Samuel Nicholaus Glocke (Coo) no longer on Schedule A of Usa Mutuals Advisors, Inc. (listed 2020-09-29, absent 2021-09-29)
Form ADVobserved 6 days ago
Occurred
Sep 29, 2020
Control person joined
Samuel Nicholaus Glocke (Coo) appeared on Schedule A of Usa Mutuals Advisors, Inc.
Form ADVobserved 6 days ago
Occurred
Sep 29, 2020
Control person joined
Lance Robert Baker (Cfo) appeared on Schedule A of Usa Mutuals Advisors, Inc.
Form ADVobserved 6 days ago
Occurred
Jul 6, 2020
Control person left
Francis Guy Talarico (Chief Compliance Officer) no longer on Schedule A of Usa Mutuals Advisors, Inc. (listed 2020-06-18, absent 2020-07-06)
Form ADVobserved 6 days ago
Occurred
Jul 6, 2020
Control person joined
Dianne Descoteaux (Chief Compliance Officer) appeared on Schedule A of Usa Mutuals Advisors, Inc.
Form ADVobserved 6 days ago
Occurred
Sep 18, 2019
Control person left
Norman Michael Loukas (President) no longer on Schedule A of Usa Mutuals Advisors, Inc. (listed 2019-04-02, absent 2019-09-18)
Form ADVobserved 6 days ago
Occurred
Sep 18, 2019
Control person left
Lea Jordan Fletcher (Chief Operating Officer) no longer on Schedule A of Usa Mutuals Advisors, Inc. (listed 2019-04-02, absent 2019-09-18)
Form ADVobserved 6 days ago
Occurred
Sep 18, 2019
Control person joined
Lee Jeffrey Bottom (President) appeared on Schedule A of Usa Mutuals Advisors, Inc.
Form ADVobserved 6 days ago
Occurred
Apr 2, 2019
Control person left
Ann Marie Swanson (Chief Compliance Officer) no longer on Schedule A of Usa Mutuals Advisors, Inc. (listed 2019-02-04, absent 2019-04-02)
Form ADVobserved 6 days ago
Occurred
Apr 2, 2019
Control person joined
Francis Guy Talarico (Chief Compliance Officer) appeared on Schedule A of Usa Mutuals Advisors, Inc.
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:5ebb21ff-8e94-d0c6-99fd-ebd9445b5f0f
First observed: Oct 2, 2012
Last observed: Feb 10, 2026 7 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.

USA MUTUALS ADVISORS, INC.

CRD 131750

CONCORD, MA

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:5ebb21ff-8e94-d0c6-99fd-ebd9445b5f0f

Data as of Feb 10, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 8:00 PM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

PAUL CONDE STREHLE

n/a

Wayland, MA | CONCORD, MA

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BAKER, ROBERT, LANCE

Cfo

yes

06/2020

Sep 29, 2020

Sep 18, 2024

MUTUAL CAPITAL ALLIANCE, INC

Stockholder

yes

04/2004

Oct 2, 2012

Sep 18, 2024

SAPIO, RICHARD, ANDREW

Shareholder

yes

06/1994

Oct 2, 2012

Sep 18, 2024

STREHLE, PAUL, CONDE

President

yes

06/2021

Sep 29, 2021

Sep 18, 2024

CHICA, ANDREW, PAUL

CHIEF COMPLIANCE OFFICER

08/2022

Sep 28, 2022

Sep 18, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Feb 10, 2026

$73.7M

n/a

2024

Feb 3, 2025

$87.4M

n/a

2023

Sep 6, 2023

$104M

n/a

2022

Sep 28, 2022

$84.8M

n/a

2021

Sep 29, 2021

$124M

n/a

2020

Sep 29, 2020

$185M

n/a

2019

Dec 2, 2019

$252M

n/a

2018

Sep 4, 2018

$252M

n/a

2017

Sep 28, 2017

$235M

n/a

2016

Sep 28, 2016

$237M

n/a

2015

Sep 30, 2015

$253M

n/a

2014

Sep 29, 2014

$330M

n/a

2013

Sep 30, 2013

$165M

n/a

2012

Oct 2, 2012

$113M

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

$73.7M

$87.4M

-15.7%

$84.8M

-4.5%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

FIDELITY PERSONAL AND WORKPLACE ADVISORS

Dec 31, 2019

Dec 15, 2021

MILWAUKEE, WI

Team lift out

Other

50.0%