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RIA / WealthRegistered adviserasset managerSEC registeredRAUM 10b 100b

ALPHA ARCHITECT

ALPHA ARCHITECT, LLC, CRD 153905

NEWTOWN SQUARE, PA

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:ab18e6c9-66e7-6470-cb5f-468f877dc89f

Data as of Aug 25, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 1:38 AM UTC and rebuilt at most every 15 minutes.

Relationships: 26
Dated events: 7
On other graphs: 0
Observed: Nov 21, 2011 to Aug 25, 2026
72 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=0.06 fund_share=0.93 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $14BItem 5.F on the latest filing (2026-08-25); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $14B
Private client RAUM: $852MderivedItem 5.D individuals plus high net worth individuals
Private client share: 6%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 5
RAUM per advisor: $2.7Bderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 12
Advisory employees: 5
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 135
Individual clients: 28
High net worth clients: 88
SEC number: 801-71697
CRD: 153905
Filings on the tape: 72
First filed: Nov 21, 2011
Latest filed: Aug 25, 2026
Organised: Limited Liability Company, PA

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
WESLEY ROBERT GRAY	n/a	NEWTOWN SQUARE, PA \| Humacao, PR	14	16	n/a	no
JOHN ROBERT VOGEL	n/a	Media, PA \| NEWTOWN SQUARE, PA	13	14	n/a	no
SEBASTIAN DOUGLAS PUGLIESE	n/a	NEWTOWN SQUARE, PA	9	20	1	no
RICHARD KYLE BAXTER	Chartered Financial Analyst	NEWTOWN SQUARE, PA	9	10	n/a	no
ERIK CHAVEZ	n/a	Las Vegas, NV \| NEWTOWN SQUARE, PA	1	19	n/a	no

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
ADVANCED ALPHA ARCHITECT, LP	Hedge Fund	$4.4M	Oct 20, 2020	9	Aug 5, 2015	dropped	021-329364
Eas	Hedge Fund	$1.2M	Jan 11, 2014	5	Feb 14, 2012	dropped	n/a
ALPHA ARCHITECT GLOBAL MACRO INSURANCE DEDICATED FUND	Hedge Fund	$0	Aug 31, 2017	1	Mar 22, 2017	dropped	n/a

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
EMPIRICAL FINANCE, LLC	Member	E	yes	04/2014	Mar 31, 2017	Mar 29, 2024
GRAY, WESLEY, ROBERT	CHIEF EXECUTIVE OFFICER/CHIEF INVESTMENT OFFICER/CHIEF COMPLIANCE OFFICER	Na	yes	07/2010	Nov 21, 2011	Mar 29, 2024
GRAY, WESLEY, ROBERT	MANAGING MEMBER	D	yes	07/2010	Nov 21, 2011	Mar 29, 2024
VOGEL, JOHN, ROBERT	CHIEF FINANCIAL OFFICER	Na	yes	03/2012	Oct 8, 2012	Mar 29, 2024
BABULAK FAMILY TRUST	Member	F	no	01/2017	Mar 22, 2017	Mar 29, 2024
BABULAK, DAVID, MICHAEL	Trustee	F	no	01/2017	Mar 22, 2017	Mar 29, 2024
Babulak, Lien	Trustee	F	no	01/2017	Mar 22, 2017	Mar 29, 2024
CLEARY, PATRICK, RUSSELL	MANAGING MEMBER	F	no	10/2014	Oct 2, 2014	Mar 29, 2024
VOGEL, JOHN, ROBERT	MANAGING MEMBER	F	no	03/2012	Oct 8, 2012	Mar 29, 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
EMPOWERED FUNDS, LLC	n/a	Asset manager	$30B	Y	yes	n/a

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 15 of 16

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Feb 10, 2026	$14B	$14B	12	5	0	n/a	n/a
2024	Mar 27, 2025	$7.3B	$7.3B	9	4	0	n/a	n/a
2023	Mar 29, 2024	$712M	$712M	9	4	0	n/a	n/a
2022	Mar 31, 2023	$483M	$452M	19	12	0	n/a	n/a
2021	Mar 31, 2022	$447M	$407M	16	9	0	n/a	n/a
2020	Mar 30, 2021	$494M	$454M	10	8	0	n/a	n/a
2019	Feb 18, 2020	$395M	$395M	8	8	0	1	$4.4M
2018	Mar 19, 2019	$469M	$469M	9	9	1	1	$5.8M
2017	Mar 28, 2018	$573M	$573M	9	9	3	1	$7.1M
2016	Mar 22, 2017	$259M	$259M	9	9	n/a	2	$8.5M
2015	Mar 30, 2016	$169M	$69.5M	9	8	n/a	1	$6.1M
2014	Feb 11, 2015	$166M	$66.0M	8	7	n/a	n/a	n/a
2013	Jan 11, 2014	$149M	$49.2M	6	5	n/a	1	$1.2M
2012	Feb 4, 2013	$131M	$30.5M	6	4	n/a	1	$1.2M
2011	Feb 14, 2012	$101M	$600,000	n/a	n/a	n/a	1	$420,000

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	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	$14B	$7.3B	85.6%	$483M	203.5%	12	9	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
ETF ARCHITECT	4	Nov 21, 2023	Nov 19, 2023	NEWTOWN SQUARE, PA	Channel change	Other	44.4%

Relationships

Affiliated with (2)

→ ETF ARCHITECTRegistered adviserother investment adviser, control, common control
factForm ADV
← ETF ARCHITECTRegistered adviserother investment adviser, bank, control, common control
factForm ADV

Registered with (11)

← ERIK CHAVEZAdvisorregistration: current employment
Sep 15, 2025 to presentfactForm ADV
← RICHARD KYLE BAXTERAdvisorregistration: current employment
Jan 17, 2017 to presentfactForm ADV
← SEBASTIAN DOUGLAS PUGLIESEAdvisorregistration: current employment
Nov 17, 2016 to presentfactForm ADV
← JOHN ROBERT VOGELAdvisorregistration: current employment
Jan 24, 2013 to presentfactForm ADV
← WESLEY ROBERT GRAYAdvisorregistration: current employment
Feb 14, 2012 to presentfactForm ADV
← JESSICA LYNN BOSTAdvisorregistration: previous registration
Sep 9, 2021 to Apr 17, 2024factForm ADV
← PATRICK RUSSELL CLEARYAdvisorregistration: previous registration
Sep 30, 2014 to Nov 21, 2023factForm ADV
← WILLIAM JOSHUA ANTHONY RUSSELLAdvisorregistration: previous registration
Oct 12, 2022 to Nov 21, 2023factForm ADV
← JESSICA DAWN LEIGHTYAdvisorregistration: previous registration
Oct 28, 2021 to Nov 21, 2023factForm ADV
← RICHARD MOODY SHANERAdvisorregistration: previous registration
Nov 18, 2021 to Nov 21, 2023factForm ADV
← ANDREW EDDY KERNAdvisorregistration: previous registration
Sep 7, 2010 to Feb 18, 2011factForm ADV

Controls (3)

← GRAY, WESLEY, ROBERTOwnerMANAGING MEMBER, ownership code D, individual
Nov 21, 2011 to Mar 29, 2024factForm ADV
← VOGEL, JOHN, ROBERTOwnerCHIEF FINANCIAL OFFICER, ownership code NA, individual
Oct 8, 2012 to Mar 29, 2024factForm ADV
← EMPIRICAL FINANCE, LLCOwnerMEMBER, ownership code E, domestic entity
Mar 31, 2017 to Mar 29, 2024factForm ADV

Owns (5)

← BABULAK, DAVID, MICHAELOwnerTRUSTEE, ownership code F, individual
Mar 22, 2017 to Mar 29, 2024factForm ADV
← VOGEL, JOHN, ROBERTOwnerMANAGING MEMBER, ownership code F, individual
Oct 8, 2012 to Mar 29, 2024factForm ADV
← CLEARY, PATRICK, RUSSELLOwnerMANAGING MEMBER, ownership code F, individual
Oct 2, 2014 to Mar 29, 2024factForm ADV
← Babulak, LienOwnerTRUSTEE, ownership code F, individual
Mar 22, 2017 to Mar 29, 2024factForm ADV
← BABULAK FAMILY TRUSTOwnerMEMBER, ownership code F, domestic entity
Mar 22, 2017 to Mar 29, 2024factForm ADV

Moved with (1)

→ ETF ARCHITECTRegistered adviser4 advisors, team lift out, same day
Nov 21, 2023 to Nov 19, 2023factForm ADV

Advises (3)

→ ADVANCED ALPHA ARCHITECT, LPPrivate fundHedge Fund, IA, no longer reported
Aug 5, 2015 to Oct 20, 2020factForm ADV
→ ALPHA ARCHITECT GLOBAL MACRO INSURANCE DEDICATED FUNDPrivate fundHedge Fund, IA, no longer reported
Mar 22, 2017 to Aug 31, 2017factForm ADV
→ EASPrivate fundHedge Fund, IA, no longer reported
Feb 14, 2012 to Jan 11, 2014factForm ADV

Dated events

Occurred
Feb 10, 2026
Regulatory AUM changed
Alpha Architect reported RAUM $13.5B, up 86% from $7.3B (2025-08-12 to 2026-02-10)
Form ADVobserved 4 days ago
$6.2B
Occurred
Mar 3, 2025
Regulatory AUM changed
Alpha Architect reported RAUM $7.3B, up 922% from $711.7M (2024-03-29 to 2025-03-03)
Form ADVobserved 4 days ago
$6.6B
Occurred
Apr 17, 2024
Advisor changed firm
Jessica Lynn Bost left Alpha Architect for Lake Avenue Financial Llc (registered 2024-07-26)
Form ADVobserved 4 days ago
Occurred
Nov 17, 2023
Control person left
Dawn Jessica Leighty (Chief Compliance Officer) no longer on Schedule A of Alpha Architect (listed 2023-08-17, absent 2023-11-17)
Form ADVobserved 4 days ago
Occurred
Mar 31, 2023
Control person left
Dale Brandon Koepke (Director, Trading And Execution) no longer on Schedule A of Alpha Architect (listed 2023-02-14, absent 2023-03-31)
Form ADVobserved 4 days ago
Occurred
Nov 11, 2021
Control person joined
Dawn Jessica Leighty (Chief Compliance Officer) appeared on Schedule A of Alpha Architect
Form ADVobserved 4 days ago
Occurred
Mar 28, 2018
Regulatory AUM changed
Alpha Architect reported RAUM $572.7M, up 121% from $259.0M (2017-08-31 to 2018-03-28)
Form ADVobserved 4 days ago
$314M

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:ab18e6c9-66e7-6470-cb5f-468f877dc89f
First observed: Nov 21, 2011
Last observed: Aug 25, 2026 26 days 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.

ALPHA ARCHITECT

ALPHA ARCHITECT, LLC, CRD 153905

NEWTOWN SQUARE, PA

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:ab18e6c9-66e7-6470-cb5f-468f877dc89f

Data as of Aug 25, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 1:38 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

WESLEY ROBERT GRAY

n/a

NEWTOWN SQUARE, PA | Humacao, PR

n/a

JOHN ROBERT VOGEL

n/a

Media, PA | NEWTOWN SQUARE, PA

n/a

SEBASTIAN DOUGLAS PUGLIESE

n/a

NEWTOWN SQUARE, PA

RICHARD KYLE BAXTER

Chartered Financial Analyst

NEWTOWN SQUARE, PA

n/a

ERIK CHAVEZ

n/a

Las Vegas, NV | NEWTOWN SQUARE, PA

n/a

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

ADVANCED ALPHA ARCHITECT, LP

Hedge Fund

$4.4M

Oct 20, 2020

Aug 5, 2015

dropped

021-329364

Eas

Hedge Fund

$1.2M

Jan 11, 2014

Feb 14, 2012

dropped

n/a

ALPHA ARCHITECT GLOBAL MACRO INSURANCE DEDICATED FUND

Hedge Fund

Aug 31, 2017

Mar 22, 2017

dropped

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

EMPIRICAL FINANCE, LLC

Member

yes

04/2014

Mar 31, 2017

Mar 29, 2024

GRAY, WESLEY, ROBERT

CHIEF EXECUTIVE OFFICER/CHIEF INVESTMENT OFFICER/CHIEF COMPLIANCE OFFICER

yes

07/2010

Nov 21, 2011

Mar 29, 2024

GRAY, WESLEY, ROBERT

MANAGING MEMBER

yes

07/2010

Nov 21, 2011

Mar 29, 2024

VOGEL, JOHN, ROBERT

CHIEF FINANCIAL OFFICER

yes

03/2012

Oct 8, 2012

Mar 29, 2024

BABULAK FAMILY TRUST

Member

01/2017

Mar 22, 2017

Mar 29, 2024

BABULAK, DAVID, MICHAEL

Trustee

01/2017

Mar 22, 2017

Mar 29, 2024

Babulak, Lien

Trustee

01/2017

Mar 22, 2017

Mar 29, 2024

CLEARY, PATRICK, RUSSELL

MANAGING MEMBER

10/2014

Oct 2, 2014

Mar 29, 2024

VOGEL, JOHN, ROBERT

MANAGING MEMBER

03/2012

Oct 8, 2012

Mar 29, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

EMPOWERED FUNDS, LLC

n/a

Asset manager

$30B

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Feb 10, 2026

$14B

n/a

2024

Mar 27, 2025

$7.3B

n/a

2023

Mar 29, 2024

$712M

n/a

2022

Mar 31, 2023

$483M

$452M

n/a

2021

Mar 31, 2022

$447M

$407M

n/a

2020

Mar 30, 2021

$494M

$454M

n/a

2019

Feb 18, 2020

$395M

$4.4M

2018

Mar 19, 2019

$469M

$5.8M

2017

Mar 28, 2018

$573M

$7.1M

2016

Mar 22, 2017

$259M

n/a

$8.5M

2015

Mar 30, 2016

$169M

$69.5M

n/a

$6.1M

2014

Feb 11, 2015

$166M

$66.0M

n/a

2013

Jan 11, 2014

$149M

$49.2M

n/a

$1.2M

2012

Feb 4, 2013

$131M

$30.5M

n/a

$1.2M

2011

Feb 14, 2012

$101M

$600,000

n/a

$420,000

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

$14B

$7.3B

85.6%

$483M

203.5%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

ETF ARCHITECT

Nov 21, 2023

Nov 19, 2023

NEWTOWN SQUARE, PA

Channel change

Other

44.4%