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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 1b 10b

FIRST TRUST DIRECT INDEXING

FIRST TRUST DIRECT INDEXING L.P., CRD 297760

BOSTON, 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:a6018c97-d2e4-56ee-32e6-42dfa4078cf0

Data as of Sep 23, 2024 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 8:43 AM UTC and rebuilt at most every 15 minutes.

Relationships: 28
Dated events: 16
On other graphs: 0
Observed: Jun 22, 2018 to Sep 23, 2024
52 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: $1.4BItem 5.F on the latest filing (2024-09-23); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $1.4B
Private client RAUM: $690MderivedItem 5.D individuals plus high net worth individuals
Private client share: 49%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 11
Advisory employees: 3
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 528
High net worth clients: 405
Custody, client assets: $6.5M
SEC number: 801-113667
CRD: 297760
Filings on the tape: 52
First filed: Jun 22, 2018
Latest filed: Sep 23, 2024
Organised: Limited Partnership, Illinois

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
AJM VENTURES LLC	Shareholder	E	yes	10/2010	Aug 17, 2022	Sep 23, 2024
BOWEN, JAMES, ALLEN	Shareholder	E	yes	10/2010	Aug 17, 2022	Sep 23, 2024
Carter, Samuel, Morris	Cco	Na	yes	12/2021	Dec 2, 2021	Sep 23, 2024
ENTWOOD HOLDINGS LLC	Owner	C	yes	02/2019	Mar 28, 2019	Sep 23, 2024
FIRST TRUST CAPITAL PARTNERS	Owner	E	yes	07/2022	Aug 17, 2022	Sep 23, 2024
FT DIRECT INDEXING GP LLC	GENERAL PARTNER	Na	yes	01/2023	Feb 1, 2023	Sep 23, 2024
GRACE PARTNERS OF DUPAGE L.P.	Shareholder	E	yes	08/2006	Aug 17, 2022	Sep 23, 2024
HUGHES, ROBERT, JAMES	Ceo	Na	yes	11/2022	Dec 22, 2022	Sep 23, 2024
Moore, Gerald, Ian	Coo	Na	yes	05/2020	Mar 27, 2021	Sep 23, 2024
THE CHARGER CORPORATION	GENERAL PARTNER	F	yes	08/1991	Aug 17, 2022	Sep 23, 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
FIRST TRUST ADVISORS LP	n/a	Asset manager	$309B	N	yes	n/a
VEST FINANCIAL LLC	n/a	Asset manager	$52B	N	yes	n/a
FIRST TRUST CAPITAL MANAGEMENT L.P.	n/a	Asset manager	$13B	N	yes	n/a
STONEBRIDGE ADVISORS LLC	n/a	Asset manager	$12B	N	yes	n/a
FIRST TRUST INVESTMENT SOLUTIONS L.P.	n/a	Former SEC adviser	$518M	N	yes	n/a
FIRST TRUST GLOBAL PORTFOLIOS LIMITED	n/a	Asset manager	$339M	N	yes	n/a
FIRST TRUST CAPITAL PARTNERS LLC	n/a	n/a	n/a	Y	no	n/a
FIRST TRUST GLOBAL PORTFOLIOS MANAGEMENT LIMITED	n/a	n/a	n/a	N	yes	n/a
FIRST TRUST PORTFOLIOS L.P.	n/a	n/a	n/a	N	yes	n/a
VEST SECURITIES, LLC	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
Wheaton	IL	United States	1	no
Austin	TX	United States	1	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
2023	Jan 28, 2024	$1.4B	$1.4B	10	8	1	n/a	n/a
2022	Mar 22, 2023	$990M	$990M	13	9	2	n/a	n/a
2021	Mar 16, 2022	$1.0B	$1.0B	8	7	3	n/a	n/a
2020	Mar 27, 2021	$745M	$745M	8	7	3	n/a	n/a
2019	Mar 5, 2020	$229M	$229M	10	6	3	n/a	n/a
2018	Mar 28, 2019	$158M	$158M	8	4	2	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	$1.4B	$990M	43.5%	$745M	24.0%	11	13	2	2

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
FIRST TRUST ADVISORS LP	2	Dec 19, 2024	Nov 25, 2024	BOSTON, MA	Channel change	Other	100.0%

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
DAINTREE ADVISORS LLC	2	Jan 6, 2022	Dec 6, 2018	BOSTON, MA	Team lift out	RIA to RIA	18.2%

Relationships

Affiliated with (11)

← FIRST TRUST CAPITAL MANAGEMENT L.P.Registered adviserother investment adviser, common control
factForm ADV
← VEST FINANCIAL LLCRegistered adviserother investment adviser, common control
factForm ADV
← FIRST TRUST GLOBAL PORTFOLIOS LTD.Registered adviserother investment adviser, common control
factForm ADV
→ FIRST TRUST ADVISORS LPRegistered adviserother investment adviser, common control
factForm ADV
→ STONEBRIDGE ADVISORS LLCRegistered adviserother investment adviser, common control
factForm ADV
→ VEST FINANCIAL LLCRegistered adviserother investment adviser, bank, common control
factForm ADV
→ FIRST TRUST GLOBAL PORTFOLIOS LTD.Registered adviserother investment adviser, bank, common control
factForm ADV
→ FIRST TRUST CAPITAL MANAGEMENT L.P.Registered adviserother investment adviser, bank, common control
factForm ADV
→ FIRST TRUST INVESTMENT SOLUTIONS L.P.Registered adviserother investment adviser, common control
factForm ADV
← 231 ADVISORSRegistered adviserother investment adviser, common control
factForm ADV
← DAINTREE ADVISORS LLCRegistered adviserother investment adviser, common control
factForm ADV

Controls (10)

← BOWEN, JAMES, ALLENOwnerSHAREHOLDER, ownership code E, individual
Aug 17, 2022 to presentfactForm ADV
← HUGHES, ROBERT, JAMESOwnerCEO, ownership code NA, individual
Dec 22, 2022 to presentfactForm ADV
← Carter, Samuel, MorrisOwnerCCO, ownership code NA, individual
Dec 2, 2021 to presentfactForm ADV
← Moore, Gerald, IanOwnerCOO, ownership code NA, individual
Mar 27, 2021 to presentfactForm ADV
← AJM VENTURES LLCOwnerSHAREHOLDER, ownership code E, domestic entity
Aug 17, 2022 to presentfactForm ADV
← ENTWOOD HOLDINGS LLCOwnerOWNER, ownership code C, domestic entity
Mar 28, 2019 to presentfactForm ADV
← FIRST TRUST CAPITAL PARTNERSOwnerOWNER, ownership code E, domestic entity
Aug 17, 2022 to presentfactForm ADV
← FT DIRECT INDEXING GP LLCOwnerGENERAL PARTNER, ownership code NA, domestic entity
Feb 1, 2023 to presentfactForm ADV
← GRACE PARTNERS OF DUPAGE L.P.OwnerSHAREHOLDER, ownership code E, domestic entity
Aug 17, 2022 to presentfactForm ADV
← THE CHARGER CORPORATIONOwnerGENERAL PARTNER, ownership code F, domestic entity
Aug 17, 2022 to presentfactForm ADV

Registered with (6)

← Gerald MooreAdvisorregistration: previous registration
Feb 12, 2020 to Dec 19, 2024factForm ADV
← Thomas WalbrunAdvisorregistration: previous registration
Jun 16, 2024 to Dec 19, 2024factForm ADV
← Dennis R HammondAdvisorregistration: previous registration
May 9, 2019 to Mar 1, 2023factForm ADV
← KENT MARK FORKNERAdvisorregistration: previous registration
Dec 6, 2018 to Dec 31, 2021factForm ADV
← DAVID LEE BEATTYAdvisorregistration: previous registration
Dec 6, 2018 to Sep 20, 2021factForm ADV
← Richard Willson RanckAdvisorregistration: previous registration
May 30, 2019 to Jan 29, 2020factForm ADV

Moved with (1)

← DAINTREE ADVISORS LLCRegistered adviser2 advisors, team lift out, same day
Jan 6, 2022 to Dec 6, 2018factForm ADV

Dated events

Occurred
Jan 28, 2024
Regulatory AUM changed
First Trust Direct Indexing reported RAUM $1.4B, up 44% from $990.1M (2024-01-02 to 2024-01-28)
Form ADVobserved 4 days ago
$431M
Occurred
Jan 28, 2024
Control person left
Kendall James Dilworth (Managing Partner) no longer on Schedule A of First Trust Direct Indexing (listed 2024-01-02, absent 2024-01-28)
Form ADVobserved 4 days ago
Occurred
Jan 28, 2024
Control person left
Lee David Beatty (Member) no longer on Schedule A of First Trust Direct Indexing (listed 2024-01-02, absent 2024-01-28)
Form ADVobserved 4 days ago
Occurred
Dec 22, 2022
Control person left
Janhwa Joshua Cheng (Cao) no longer on Schedule A of First Trust Direct Indexing (listed 2022-11-09, absent 2022-12-22)
Form ADVobserved 4 days ago
Occurred
Dec 22, 2022
Control person joined
James Robert Hughes (Ceo) appeared on Schedule A of First Trust Direct Indexing
Form ADVobserved 4 days ago
Occurred
Aug 17, 2022
Control person joined
Allen James Bowen (Shareholder) appeared on Schedule A of First Trust Direct Indexing
Form ADVobserved 4 days ago
Occurred
Mar 16, 2022
Regulatory AUM changed
First Trust Direct Indexing reported RAUM $1.0B, up 41% from $744.7M (2021-12-07 to 2022-03-16)
Form ADVobserved 4 days ago
$302M
Occurred
Jan 6, 2022
Team lift-out
2 advisors left Daintree Advisors LLC (Boston, MA) for First Trust Direct Indexing on the same day
Form ADVobserved 4 days ago
2 advisors
Occurred
Dec 2, 2021
Control person joined
Morris Samuel Carter (Cco) appeared on Schedule A of First Trust Direct Indexing
Form ADVobserved 4 days ago
Occurred
Dec 2, 2021
Control person left
Marie Karen Angrisano (Cco) no longer on Schedule A of First Trust Direct Indexing (listed 2021-08-30, absent 2021-12-02)
Form ADVobserved 4 days ago
Occurred
Dec 2, 2021
Control person left
Mark Kent Forkner (Chief Investment Officer) no longer on Schedule A of First Trust Direct Indexing (listed 2021-08-30, absent 2021-12-02)
Form ADVobserved 4 days ago
Occurred
Mar 27, 2021
Regulatory AUM changed
First Trust Direct Indexing reported RAUM $744.7M, up 225% from $229.1M (2021-02-22 to 2021-03-27)
Form ADVobserved 4 days ago
$516M
Occurred
Mar 27, 2021
Control person joined
Ian Gerald Moore (Coo) appeared on Schedule A of First Trust Direct Indexing
Form ADVobserved 4 days ago
Occurred
Mar 5, 2020
Control person joined
Janhwa Joshua Cheng (Coo) appeared on Schedule A of First Trust Direct Indexing
Form ADVobserved 4 days ago
Occurred
Mar 28, 2019
Succession filed (Item 4)
Veriti Management Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
Form ADVobserved 4 days ago
Occurred
Jun 22, 2018
First Form ADV filing
Arboretum Advisors Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:a6018c97-d2e4-56ee-32e6-42dfa4078cf0
First observed: Jun 22, 2018
Last observed: Sep 23, 2024 24 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.

FIRST TRUST DIRECT INDEXING

FIRST TRUST DIRECT INDEXING L.P., CRD 297760

BOSTON, 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:a6018c97-d2e4-56ee-32e6-42dfa4078cf0

Data as of Sep 23, 2024 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 8:43 AM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

AJM VENTURES LLC

Shareholder

yes

10/2010

Aug 17, 2022

Sep 23, 2024

BOWEN, JAMES, ALLEN

Shareholder

yes

10/2010

Aug 17, 2022

Sep 23, 2024

Carter, Samuel, Morris

Cco

yes

12/2021

Dec 2, 2021

Sep 23, 2024

ENTWOOD HOLDINGS LLC

Owner

yes

02/2019

Mar 28, 2019

Sep 23, 2024

FIRST TRUST CAPITAL PARTNERS

Owner

yes

07/2022

Aug 17, 2022

Sep 23, 2024

FT DIRECT INDEXING GP LLC

GENERAL PARTNER

yes

01/2023

Feb 1, 2023

Sep 23, 2024

GRACE PARTNERS OF DUPAGE L.P.

Shareholder

yes

08/2006

Aug 17, 2022

Sep 23, 2024

HUGHES, ROBERT, JAMES

Ceo

yes

11/2022

Dec 22, 2022

Sep 23, 2024

Moore, Gerald, Ian

Coo

yes

05/2020

Mar 27, 2021

Sep 23, 2024

THE CHARGER CORPORATION

GENERAL PARTNER

yes

08/1991

Aug 17, 2022

Sep 23, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

FIRST TRUST ADVISORS LP

n/a

Asset manager

$309B

yes

n/a

VEST FINANCIAL LLC

n/a

Asset manager

$52B

yes

n/a

FIRST TRUST CAPITAL MANAGEMENT L.P.

n/a

Asset manager

$13B

yes

n/a

STONEBRIDGE ADVISORS LLC

n/a

Asset manager

$12B

yes

n/a

FIRST TRUST INVESTMENT SOLUTIONS L.P.

n/a

Former SEC adviser

$518M

yes

n/a

FIRST TRUST GLOBAL PORTFOLIOS LIMITED

n/a

Asset manager

$339M

yes

n/a

FIRST TRUST CAPITAL PARTNERS LLC

n/a

FIRST TRUST GLOBAL PORTFOLIOS MANAGEMENT LIMITED

n/a

yes

n/a

FIRST TRUST PORTFOLIOS L.P.

n/a

yes

n/a

VEST SECURITIES, LLC

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

Wheaton

United States

Austin

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2023

Jan 28, 2024

$1.4B

n/a

2022

Mar 22, 2023

$990M

n/a

2021

Mar 16, 2022

$1.0B

n/a

2020

Mar 27, 2021

$745M

n/a

2019

Mar 5, 2020

$229M

n/a

2018

Mar 28, 2019

$158M

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

$1.4B

$990M

43.5%

$745M

24.0%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

FIRST TRUST ADVISORS LP

Dec 19, 2024

Nov 25, 2024

BOSTON, MA

Channel change

Other

100.0%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

DAINTREE ADVISORS LLC

Jan 6, 2022

Dec 6, 2018

BOSTON, MA

Team lift out

RIA to RIA

18.2%