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RIA / WealthRegistered adviserasset managerSEC registeredRAUM 10b 100b

RAFFERTY ASSET MANAGEMENT, LLC

CRD 112526

NEW YORK, NY

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Search this name across graphsid dfx:ria:7a87dafd-383e-6ffd-f75c-01792498ebd2

Data as of Mar 3, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 4:00 AM UTC and rebuilt at most every 15 minutes.

Relationships: 20
Dated events: 10
On other graphs: 0
Observed: Mar 29, 2012 to Mar 3, 2026
28 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=true bd_reps=3.0
Regulatory AUM: $55BItem 5.F on the latest filing (2026-03-03); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $55B
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: $55Bderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 45
Advisory employees: 13
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 133
SEC number: 801-54679
CIK: 1110547
CRD: 112526
Filings on the tape: 28
First filed: Mar 29, 2012
Latest filed: Mar 3, 2026
Organised: Limited Liability Company, NY

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
Andrew T Shippee	n/a	NEW YORK, NY	0	12	1	yes

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
RAM PRICE FUND	Hedge Fund	$53.7M	Mar 28, 2014	4	Mar 29, 2012	dropped	021-66350

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
CIPOLLA, JOSEPH, PAUL	Officer	F	yes	01/2019	Sep 23, 2019	Dec 3, 2024
HAY, KATHLEEN, RAFFERTY	OFFICER AND TRUSTEE	C	yes	11/2000	Mar 29, 2012	Dec 3, 2024
O'NEILL, DANIEL, DILLON	Member	Na	yes	02/2019	Mar 29, 2012	Dec 3, 2024
O'NEILL, DANIEL, DILLON	Member	E	yes	05/2009	Mar 29, 2012	Dec 3, 2024
RAFFERTY HOLDINGS LLC	Member	C	yes	01/1999	Mar 29, 2012	Dec 3, 2024
RAFFERTY SERVICING, INC.	NON-MEMBER MANAGER	F	yes	01/2019	Sep 23, 2019	Dec 3, 2024
RAFFERTY, MICHAEL, LAWRENCE	OFFICER AND TRUSTEE	C	yes	01/1999	Mar 29, 2012	Dec 3, 2024
YONES, DOUGLAS, MICHAEL	CHIEF EXECUTIVE OFFICER	Na	yes	11/2024	Dec 3, 2024	Dec 3, 2024
BRICKL, ANGELA, MARY	CHIEF OPERATING OFFICER, GENERAL COUNSEL	Na	no	09/2022	Mar 29, 2012	Dec 3, 2024
GST FBO KATHLEEN RAFFERTY HAY & HEIRS	Member	A	no	01/2019	Sep 23, 2019	Dec 3, 2024
GST FBO MICHAEL RAFFERTY & HEIRS	Member	A	no	01/2019	Sep 23, 2019	Dec 3, 2024
MINAKIAN PARTNERS, LLC	Member	C	no	05/2009	Mar 29, 2012	Dec 3, 2024
RUDNICK, PATRICK, JAMES	CHIEF FINANCIAL OFFICER	Na	no	05/2010	Mar 29, 2012	Dec 3, 2024
STELMACHOWSKI, STEVEN, GREGORY	CHIEF COMPLIANCE OFFICER	Na	no	09/2022	Oct 17, 2022	Dec 3, 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
HILTON CAPITAL MANAGEMENT, LLC	n/a	Mixed wealth	$3.2B	N	yes	n/a
HOWARD CAPITAL MANAGEMENT, INC.	n/a	Former SEC adviser	$1.5B	N	no	n/a

Offices

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

City	State	Country	Employees	Also broker-dealer
NEW YORK	NY	United States	2	no
Boston	Ma	United States	0	no

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 3, 2026	$55B	$55B	45	13	2	n/a	n/a
2024	Feb 19, 2025	$47B	$47B	43	13	2	n/a	n/a
2023	Feb 27, 2024	$38B	$38B	37	13	2	n/a	n/a
2022	Feb 14, 2023	$23B	$23B	35	13	2	n/a	n/a
2021	Mar 10, 2022	$31B	$31B	30	8	2	n/a	n/a
2020	Mar 25, 2021	$20B	$20B	30	8	1	n/a	n/a
2019	Mar 30, 2020	$15B	$15B	39	9	1	n/a	n/a
2018	Mar 1, 2019	$12B	$12B	39	9	0	n/a	n/a
2017	Mar 26, 2018	$13B	$13B	37	8	0	n/a	n/a
2016	Mar 23, 2017	$11B	$11B	35	8	n/a	n/a	n/a
2015	Mar 21, 2016	$9.3B	$9.3B	35	8	n/a	n/a	n/a
2014	Mar 20, 2015	$9.0B	$9.0B	50	8	n/a	n/a	n/a
2013	Mar 28, 2014	$7.4B	$7.4B	47	8	n/a	1	$53.7M
2012	Mar 27, 2013	$6.8B	$6.8B	39	0	n/a	1	$46.2M
2011	Mar 29, 2012	$7.8B	$7.8B	n/a	n/a	n/a	1	$28.0M

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
1	0	1	0.0%	0	0	0	1	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	$55B	$47B	17.3%	$23B	33.7%	45	43	2	2

Relationships

Affiliated with (4)

← HILTON CAPITAL MANAGEMENT, LLCRegistered adviserother investment adviser, bank, common control
factForm ADV
→ HOWARD CAPITAL MANAGEMENTRegistered adviserother investment adviser
factForm ADV
→ HILTON CAPITAL MANAGEMENT, LLCRegistered adviserother investment adviser, common control
factForm ADV
← DIREXION ADVISORS, LLCRegistered adviserother investment adviser, bank, control
factForm ADV

Registered with (1)

← Andrew T ShippeeAdvisorregistration: current employment
May 18, 2026 to presentfactForm ADV

Controls (7)

← RAFFERTY, MICHAEL, LAWRENCEOwnerOFFICER AND TRUSTEE, ownership code C, individual
Mar 29, 2012 to Dec 3, 2024factForm ADV
← YONES, DOUGLAS, MICHAELOwnerCHIEF EXECUTIVE OFFICER, ownership code NA, individual
Dec 3, 2024 to Dec 3, 2024factForm ADV
← CIPOLLA, JOSEPH, PAULOwnerOFFICER, ownership code F, individual
Sep 23, 2019 to Dec 3, 2024factForm ADV
← O'NEILL, DANIEL, DILLONOwnerMEMBER, ownership code E, individual
Mar 29, 2012 to Dec 3, 2024factForm ADV
← HAY, KATHLEEN, RAFFERTYOwnerOFFICER AND TRUSTEE, ownership code C, individual
Mar 29, 2012 to Dec 3, 2024factForm ADV
← RAFFERTY HOLDINGS LLCOwnerMEMBER, ownership code C, domestic entity
Mar 29, 2012 to Dec 3, 2024factForm ADV
← RAFFERTY SERVICING, INC.OwnerNON-MEMBER MANAGER, ownership code F, domestic entity
Sep 23, 2019 to Dec 3, 2024factForm ADV

Owns (6)

← STELMACHOWSKI, STEVEN, GREGORYOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Oct 17, 2022 to Dec 3, 2024factForm ADV
← BRICKL, ANGELA, MARYOwnerCHIEF OPERATING OFFICER, GENERAL COUNSEL, ownership code NA, individual
Mar 29, 2012 to Dec 3, 2024factForm ADV
← RUDNICK, PATRICK, JAMESOwnerCHIEF FINANCIAL OFFICER, ownership code NA, individual
Mar 29, 2012 to Dec 3, 2024factForm ADV
← GST FBO KATHLEEN RAFFERTY HAY & HEIRSOwnerMEMBER, ownership code A, domestic entity
Sep 23, 2019 to Dec 3, 2024factForm ADV
← GST FBO MICHAEL RAFFERTY & HEIRSOwnerMEMBER, ownership code A, domestic entity
Sep 23, 2019 to Dec 3, 2024factForm ADV
← MINAKIAN PARTNERS, LLCOwnerMEMBER, ownership code C, domestic entity
Mar 29, 2012 to Dec 3, 2024factForm ADV

Advises (1)

→ RAM PRICE FUNDPrivate fundHedge Fund, IA, no longer reported
Mar 29, 2012 to Mar 28, 2014factForm ADV

Dated events

Occurred
Mar 3, 2026
Advisor headcount changed
Rafferty Asset Management, Llc reported 17 state-registered advisory representatives, up from 7 (2025-07-01 to 2026-03-03)
Form ADVobserved 6 days ago
10 IARS
Occurred
Dec 3, 2024
Regulatory AUM changed
Rafferty Asset Management, Llc reported RAUM $50.5B, up 32% from $38.3B (2024-02-27 to 2024-12-03)
Form ADVobserved 6 days ago
$12.2B
Occurred
Dec 3, 2024
Control person joined
Michael Douglas Yones (Chief Executive Officer) appeared on Schedule A of Rafferty Asset Management, Llc
Form ADVobserved 6 days ago
Occurred
Feb 27, 2024
Regulatory AUM changed
Rafferty Asset Management, Llc reported RAUM $38.3B, up 34% from $28.5B (2023-06-15 to 2024-02-27)
Form ADVobserved 6 days ago
$9.8B
Occurred
Oct 14, 2022
Regulatory AUM changed
Rafferty Asset Management, Llc reported RAUM $20.4B, down 34% from $31.0B (2022-03-10 to 2022-10-14)
Form ADVobserved 6 days ago
$-10.6B
Occurred
Mar 10, 2022
Control person left
Damian Robert Nestor (President) no longer on Schedule A of Rafferty Asset Management, Llc (listed 2021-10-04, absent 2022-03-10)
Form ADVobserved 6 days ago
Occurred
Oct 4, 2021
Regulatory AUM changed
Rafferty Asset Management, Llc reported RAUM $25.9B, up 32% from $19.6B (2021-03-25 to 2021-10-04)
Form ADVobserved 6 days ago
$6.3B
Occurred
Mar 25, 2021
Regulatory AUM changed
Rafferty Asset Management, Llc reported RAUM $19.6B, up 32% from $14.8B (2020-03-30 to 2021-03-25)
Form ADVobserved 6 days ago
$4.7B
Occurred
Nov 13, 2019
Control person left
Colin Lawrence Rafferty (Officer And Trustee) no longer on Schedule A of Rafferty Asset Management, Llc (listed 2019-09-23, absent 2019-11-13)
Form ADVobserved 6 days ago
Occurred
Sep 23, 2019
Control person joined
Paul Joseph Cipolla (Officer) appeared on Schedule A of Rafferty Asset Management, Llc
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:7a87dafd-383e-6ffd-f75c-01792498ebd2
First observed: Mar 29, 2012
Last observed: Mar 3, 2026 6 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.

RAFFERTY ASSET MANAGEMENT, LLC

CRD 112526

NEW YORK, NY

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:7a87dafd-383e-6ffd-f75c-01792498ebd2

Data as of Mar 3, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 4:00 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

Andrew T Shippee

n/a

NEW YORK, NY

yes

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

RAM PRICE FUND

Hedge Fund

$53.7M

Mar 28, 2014

Mar 29, 2012

dropped

021-66350

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

CIPOLLA, JOSEPH, PAUL

Officer

yes

01/2019

Sep 23, 2019

Dec 3, 2024

HAY, KATHLEEN, RAFFERTY

OFFICER AND TRUSTEE

yes

11/2000

Mar 29, 2012

Dec 3, 2024

O'NEILL, DANIEL, DILLON

Member

yes

02/2019

Mar 29, 2012

Dec 3, 2024

O'NEILL, DANIEL, DILLON

Member

yes

05/2009

Mar 29, 2012

Dec 3, 2024

RAFFERTY HOLDINGS LLC

Member

yes

01/1999

Mar 29, 2012

Dec 3, 2024

RAFFERTY SERVICING, INC.

NON-MEMBER MANAGER

yes

01/2019

Sep 23, 2019

Dec 3, 2024

RAFFERTY, MICHAEL, LAWRENCE

OFFICER AND TRUSTEE

yes

01/1999

Mar 29, 2012

Dec 3, 2024

YONES, DOUGLAS, MICHAEL

CHIEF EXECUTIVE OFFICER

yes

11/2024

Dec 3, 2024

BRICKL, ANGELA, MARY

CHIEF OPERATING OFFICER, GENERAL COUNSEL

09/2022

Mar 29, 2012

Dec 3, 2024

GST FBO KATHLEEN RAFFERTY HAY & HEIRS

Member

01/2019

Sep 23, 2019

Dec 3, 2024

GST FBO MICHAEL RAFFERTY & HEIRS

Member

01/2019

Sep 23, 2019

Dec 3, 2024

MINAKIAN PARTNERS, LLC

Member

05/2009

Mar 29, 2012

Dec 3, 2024

RUDNICK, PATRICK, JAMES

CHIEF FINANCIAL OFFICER

05/2010

Mar 29, 2012

Dec 3, 2024

STELMACHOWSKI, STEVEN, GREGORY

CHIEF COMPLIANCE OFFICER

09/2022

Oct 17, 2022

Dec 3, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

HILTON CAPITAL MANAGEMENT, LLC

n/a

Mixed wealth

$3.2B

yes

n/a

HOWARD CAPITAL MANAGEMENT, INC.

n/a

Former SEC adviser

$1.5B

n/a

City

State

Country

Employees

Also broker-dealer

NEW YORK

United States

Boston

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 3, 2026

$55B

n/a

2024

Feb 19, 2025

$47B

n/a

2023

Feb 27, 2024

$38B

n/a

2022

Feb 14, 2023

$23B

n/a

2021

Mar 10, 2022

$31B

n/a

2020

Mar 25, 2021

$20B

n/a

2019

Mar 30, 2020

$15B

n/a

2018

Mar 1, 2019

$12B

n/a

2017

Mar 26, 2018

$13B

n/a

2016

Mar 23, 2017

$11B

n/a

2015

Mar 21, 2016

$9.3B

n/a

2014

Mar 20, 2015

$9.0B

n/a

2013

Mar 28, 2014

$7.4B

n/a

$53.7M

2012

Mar 27, 2013

$6.8B

n/a

$46.2M

2011

Mar 29, 2012

$7.8B

n/a

$28.0M

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

$55B

$47B

17.3%

$23B

33.7%