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RIA / WealthRegistered adviserinstitutional managerSEC registeredRAUM 100m 1b

ECIO, INC.

CRD 301432

MADISON, WI

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:a28a2f1e-d87a-b3fe-517c-e072eb87f6e7

Data as of Jun 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 12:49 AM UTC and rebuilt at most every 15 minutes.

Relationships: 11
Dated events: 4
On other graphs: 0
Observed: Dec 11, 2023 to Jun 30, 2026
11 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: institutional managerderivedprivate_client_share=0.02 fund_share=0.0 institutional_share=0.97 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $396MItem 5.F on the latest filing (2026-06-30); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $396M
Private client RAUM: $9.6MderivedItem 5.D individuals plus high net worth individuals
Private client share: 2%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 5
RAUM per advisor: $79.1Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 8
Advisory employees: 4
Offices: 7Schedule D 1.F, beyond the principal office
Accounts: 241
Individual clients: 2
High net worth clients: 5
SEC number: 801-129326
CRD: 301432
Filings on the tape: 11
First filed: Dec 11, 2023
Latest filed: Jun 30, 2026
Organised: Corporation, DE

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
PHILLIP RONALD WAARA	n/a	MADISON, WI	7	16	3	no
ROBIN CHORONE ROQUITTE	Chartered Financial Analyst	MADISON, WI	7	39	3	no
COURTNEY LIEBIG DEAN	n/a	MADISON, WI	5	28	3	no
Erica Lynn Reilly	n/a	MADISON, WI	2	19	3	no
Aditya Sanjiv Bhave	n/a	Denver, CO \| MADISON, WI	0	15	n/a	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
DEAN, COURTNEY, LIEBIG	CHIEF REVENUE OFFICER	Na	yes	01/2021	Dec 11, 2023	Sep 30, 2024
ROQUITTE, ROBIN, CHORONE	MEMBER/CHIEF EXECUTIVE OFFICER	C	yes	01/2019	Dec 11, 2023	Sep 30, 2024
WAARA, PHILLIP, RONALD	CHIEF OPERATING OFFICER & CHIEF COMPLIANCE OFFICER	A	yes	01/2019	Dec 11, 2023	Sep 30, 2024
Huang, Clark, M	MEMBER & CHIEF TECHNOLOGY OFFICER	B	no	11/2019	Dec 11, 2023	Sep 30, 2024
Ivey, Timothy, David	VICE PRESIDENT	A	no	11/2019	Dec 11, 2023	Sep 30, 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 3 of 4

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Apr 23, 2026	$396M	$396M	8	4	7	n/a	n/a
2024	Mar 15, 2025	$232M	$232M	7	4	7	n/a	n/a
2023	Mar 5, 2024	$146M	$146M	7	4	1	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	1	1

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	$396M	$232M	70.7%	n/a	n/a	8	7	7	7

Relationships

Registered with (6)

← Aditya Sanjiv BhaveAdvisorregistration: current employment
Mar 19, 2026 to presentfactForm ADV
← Erica Lynn ReillyAdvisorregistration: current employment
Jul 19, 2024 to presentfactForm ADV
← COURTNEY LIEBIG DEANAdvisorregistration: current employment
Jan 6, 2021 to presentfactForm ADV
← ROBIN CHORONE ROQUITTEAdvisorregistration: current employment
Apr 24, 2019 to presentfactForm ADV
← PHILLIP RONALD WAARAAdvisorregistration: current employment
Apr 10, 2019 to presentfactForm ADV
← Benjamin Scott HeidemannAdvisorregistration: previous registration
Oct 5, 2022 to May 3, 2024factForm ADV

Controls (3)

← ROQUITTE, ROBIN, CHORONEOwnerMEMBER/CHIEF EXECUTIVE OFFICER, ownership code C, individual
Dec 11, 2023 to Sep 30, 2024factForm ADV
← DEAN, COURTNEY, LIEBIGOwnerCHIEF REVENUE OFFICER, ownership code NA, individual
Dec 11, 2023 to Sep 30, 2024factForm ADV
← WAARA, PHILLIP, RONALDOwnerCHIEF OPERATING OFFICER & CHIEF COMPLIANCE OFFICER, ownership code A, individual
Dec 11, 2023 to Sep 30, 2024factForm ADV

Owns (2)

← Huang, Clark, MOwnerMEMBER & CHIEF TECHNOLOGY OFFICER, ownership code B, individual
Dec 11, 2023 to Sep 30, 2024factForm ADV
← Ivey, Timothy, DavidOwnerVICE PRESIDENT, ownership code A, individual
Dec 11, 2023 to Sep 30, 2024factForm ADV

Dated events

1 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Mar 17, 2026
Regulatory AUM changed
Ecio, Inc. reported RAUM $395.6M, up 71% from $231.7M (2025-03-15 to 2026-03-17)
Form ADVobserved 3 days ago
$164M
Occurred
May 3, 2024
Advisor changed firm
Benjamin Scott Heidemann left Ecio, Inc. for Retirement Income Strategies, Llc (registered 2024-05-08)
Form ADVobserved 3 days ago
Occurred
Dec 11, 2023
First Form ADV filing
Ecio, Inc. filed its initial SEC registration (Form ADV)
Form ADVobserved 3 days ago

Show 1 bookkeeping events

Occurred
Mar 15, 2025
Ecio, Inc. reported 7 offices beyond its principal office, up from 0 (2024-09-30 to 2025-03-15)

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:a28a2f1e-d87a-b3fe-517c-e072eb87f6e7
First observed: Dec 11, 2023
Last observed: Jun 30, 2026 2 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.

ECIO, INC.

CRD 301432

MADISON, WI

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:a28a2f1e-d87a-b3fe-517c-e072eb87f6e7

Data as of Jun 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 12:49 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

PHILLIP RONALD WAARA

n/a

MADISON, WI

ROBIN CHORONE ROQUITTE

Chartered Financial Analyst

MADISON, WI

COURTNEY LIEBIG DEAN

n/a

MADISON, WI

Erica Lynn Reilly

n/a

MADISON, WI

Aditya Sanjiv Bhave

n/a

Denver, CO | MADISON, WI

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

DEAN, COURTNEY, LIEBIG

CHIEF REVENUE OFFICER

yes

01/2021

Dec 11, 2023

Sep 30, 2024

ROQUITTE, ROBIN, CHORONE

MEMBER/CHIEF EXECUTIVE OFFICER

yes

01/2019

Dec 11, 2023

Sep 30, 2024

WAARA, PHILLIP, RONALD

CHIEF OPERATING OFFICER & CHIEF COMPLIANCE OFFICER

yes

01/2019

Dec 11, 2023

Sep 30, 2024

Huang, Clark, M

MEMBER & CHIEF TECHNOLOGY OFFICER

11/2019

Dec 11, 2023

Sep 30, 2024

Ivey, Timothy, David

VICE PRESIDENT

11/2019

Dec 11, 2023

Sep 30, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Apr 23, 2026

$396M

n/a

2024

Mar 15, 2025

$232M

n/a

2023

Mar 5, 2024

$146M

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

$396M

$232M

70.7%

n/a