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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

INDEPENDENCE CAPITAL CO., INC.

CRD 24723

PARMA, OH

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:feeb3035-27e8-60e1-e85f-205521f1ae1a

Data as of Sep 11, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 5:34 AM UTC and rebuilt at most every 15 minutes.

Relationships: 46
Dated events: 15
On other graphs: 0
Observed: Jul 24, 2026 to Sep 11, 2026
2 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: independent wealth managerderivedprivate_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=41.0
Regulatory AUM: $119MItem 5.F on the latest filing (2026-09-11); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $118M
Private client RAUM: $119MderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 19
RAUM per advisor: $6.2Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 43
Advisory employees: 25
Offices: 5Schedule D 1.F, beyond the principal office
Accounts: 300
Individual clients: 280
High net worth clients: 20
SEC number: 801-136903
CRD: 24723
Filings on the tape: 2
First filed: Jul 24, 2026
Latest filed: Sep 11, 2026
Organised: Corporation, OH
Website: indcap.com

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
DENNIS CLARENCE TWAROGOWSKI	n/a	PARMA, OH	21	37	n/a	yes
SOHRAB SADEGI	n/a	Ft. Myers, FL \| PARMA, OH	21	32	1	yes
DAVID WILLIAM TOETZ	n/a	PARMA, OH	17	37	n/a	yes
MARGARET KATHRYN ULRICH	Certified Financial Planner	PARMA, OH	17	31	n/a	yes
ROBERT ALAN BILLSTEIN	Certified Financial Planner	PARMA, OH \| St. Augustine, FL	16	43	1	yes
DAVID CARL SABO	n/a	PARMA, OH \| North Royalton, OH	15	26	2	yes
JON R HEISCHMAN	n/a	PARMA, OH \| Reynoldsburg, OH	12	23	n/a	yes
JAMES LANG THOMAS	n/a	Niles, OH \| PARMA, OH	12	40	3	yes
THOMAS GREGORY SCHEIMAN	n/a	PARMA, OH	10	49	n/a	yes
DAVID ANDREW CASSESE	n/a	PARMA, OH \| Chesterland, OH	10	34	n/a	yes
Thomas Dlugopolsky	n/a	PARMA, OH	8	19	1	yes
MICHAEL G ROMANELLO	n/a	Westlake, OH \| PARMA, OH	7	22	2	yes
CHRISTOPHER NICHOLS	n/a	PARMA, OH \| Clinton, OH	6	12	2	yes
THOMAS WILLIAM MORAN	n/a	PARMA, OH \| Brunswick, OH \| Lakeland, FL	6	14	1	yes
JONATHAN DAVID CUSH	Certified Financial Planner	PARMA, OH \| New Philadelphia, OH	5	27	1	yes
JOHN CHARLES CUSH	n/a	New Philadelphia, OH \| PARMA, OH	5	38	1	yes
DAVID MICHAEL CUSH	n/a	New Philadelphia, OH \| PARMA, OH	5	16	1	yes
ANTHONY JOSEPH SPENA	n/a	Willoughby, OH \| PARMA, OH	5	34	3	yes
STEPHEN MICHAEL FRANKO	n/a	MT. VERNON, OH \| PARMA, OH	0	31	n/a	yes

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
SCHEIMAN, THOMAS GREGORY	PRESIDENT, CROP, SROP	D	yes	03/2004	Sep 11, 2026	Sep 11, 2026
TOETZ, DAVID WILLIAM	Vp	D	yes	04/2004	Sep 11, 2026	Sep 11, 2026
TWAROGOWSKI, DENNIS CLARENCE	CHIEF COMPLIANCE OFFICER	Na	no	04/2005	Sep 11, 2026	Sep 11, 2026

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

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
FSA ADVISORS, INC.	11	Dec 15, 2022	Jan 9, 2025	WARREN, MI	Team lift out	RIA to RIA	35.5%

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
ON INVESTMENT MANAGEMENT CO	3	Feb 5, 2021	Feb 9, 2021	CINCINNATI, OH	Team lift out	Ibd to RIA	1.1%
ONEAMERICA SECURITIES, INC.	2	Dec 19, 2019	Dec 20, 2019	AKRON, OH	Team lift out	Ibd to RIA	0.8%

Relationships

Controls (2)

← SCHEIMAN, THOMAS GREGORYOwnerPRESIDENT, CROP, SROP, ownership code D, individual
Sep 11, 2026 to presentfactForm ADV
← TOETZ, DAVID WILLIAMOwnerVP, ownership code D, individual
Sep 11, 2026 to presentfactForm ADV

Owns (1)

← TWAROGOWSKI, DENNIS CLARENCEOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Sep 11, 2026 to presentfactForm ADV

Registered with (38)

← STEPHEN MICHAEL FRANKOAdvisorregistration: current employment
Aug 19, 2026 to presentfactForm ADV
← ANTHONY JOSEPH SPENAAdvisorregistration: current employment
Feb 11, 2021 to presentfactForm ADV
← DAVID MICHAEL CUSHAdvisorregistration: current employment
Feb 9, 2021 to presentfactForm ADV
← JOHN CHARLES CUSHAdvisorregistration: current employment
Feb 8, 2021 to presentfactForm ADV
← JONATHAN DAVID CUSHAdvisorregistration: current employment
Feb 5, 2021 to presentfactForm ADV
← THOMAS WILLIAM MORANAdvisorregistration: current employment
Dec 20, 2019 to presentfactForm ADV
← CHRISTOPHER NICHOLSAdvisorregistration: current employment
Dec 16, 2019 to presentfactForm ADV
← MICHAEL G ROMANELLOAdvisorregistration: previous registration
Jun 16, 2009 to Dec 31, 2011factForm ADV
← Thomas DlugopolskyAdvisorregistration: current employment
Jul 26, 2018 to presentfactForm ADV
← DAVID ANDREW CASSESEAdvisorregistration: current employment
Feb 16, 2016 to presentfactForm ADV
← THOMAS GREGORY SCHEIMANAdvisorregistration: current employment
Oct 26, 2015 to presentfactForm ADV
← JAMES LANG THOMASAdvisorregistration: current employment
May 2, 2014 to presentfactForm ADV
← JON R HEISCHMANAdvisorregistration: current employment
Nov 26, 2013 to presentfactForm ADV
← DAVID CARL SABOAdvisorregistration: current employment
Feb 1, 2011 to presentfactForm ADV
← ROBERT ALAN BILLSTEINAdvisorregistration: current employment
Oct 27, 2009 to presentfactForm ADV
← DAVID WILLIAM TOETZAdvisorregistration: current employment
Jan 14, 2009 to presentfactForm ADV
← MARGARET KATHRYN ULRICHAdvisorregistration: current employment
Jan 14, 2009 to presentfactForm ADV
← SOHRAB SADEGIAdvisorregistration: current employment
Feb 22, 2005 to presentfactForm ADV
← DENNIS CLARENCE TWAROGOWSKIAdvisorregistration: current employment
Feb 7, 2005 to presentfactForm ADV
← LANDON RAY JONESAdvisorregistration: previous registration
Apr 6, 2017 to Dec 31, 2024factForm ADV
← BERNARD JOHN MCKINNEYAdvisorregistration: previous registration
Mar 17, 2010 to Dec 31, 2024factForm ADV
← JOHN MICHAEL COLEAdvisorregistration: previous registration
Jun 26, 2017 to Dec 20, 2022factForm ADV
← JEFFREY DAVID MEDVEDIKAdvisorregistration: previous registration
Mar 27, 2017 to Dec 15, 2022factForm ADV
← MICHAEL LEONARD WALLACEAdvisorregistration: previous registration
Mar 11, 2011 to Dec 15, 2022factForm ADV
← MARK ANTHONY VIROSTICKAdvisorregistration: previous registration
Mar 22, 2017 to Dec 15, 2022factForm ADV
← JOHN LAWRENCE SAUGERAdvisorregistration: previous registration
Dec 14, 2015 to Dec 15, 2022factForm ADV
← NICHOLAS ANDREW SHAHEENAdvisorregistration: previous registration
Apr 7, 2015 to Dec 15, 2022factForm ADV
← ADAM CHRISTOPHER GRUBIUSAdvisorregistration: previous registration
May 10, 2017 to Dec 15, 2022factForm ADV
← JEFFERY JAY BLEIMAdvisorregistration: previous registration
Apr 12, 2017 to Dec 15, 2022factForm ADV
← MICHAEL VINCENT SPICAAdvisorregistration: previous registration
Dec 9, 2015 to Dec 15, 2022factForm ADV
and 8 more

Moved with (3)

→ FSA ADVISORS, INC.Registered adviser11 advisors, team lift out
Dec 15, 2022 to Jan 9, 2025factForm ADV
← ON INVESTMENT MANAGEMENT CORegistered adviser3 advisors, team lift out
Feb 5, 2021 to Feb 9, 2021factForm ADV
← ONEAMERICA SECURITIES, INC.Registered adviser2 advisors, team lift out, same day
Dec 19, 2019 to Dec 20, 2019factForm ADV

Dated events

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

Occurred
Dec 31, 2024
Advisor changed firm
Bernard John Mckinney left Independence Capital Co., Inc. for Revisor Wealth Management Llc (registered 2015-02-26)
Form ADVobserved 4 days ago
Occurred
Dec 31, 2024
Advisor departed, no destination yet
Landon Ray Jones no longer registered at Independence Capital Co., Inc.; no later IA registration on IAPD
Form ADVobserved 4 days ago
Occurred
Dec 20, 2022
Advisor changed firm
John Michael Cole left Independence Capital Co., Inc. for Fsa Advisors, Inc. (registered 2017-09-01)
Form ADVobserved 4 days ago
Occurred
Dec 15, 2022
Team lift-out
11 advisors left Independence Capital CO., Inc. (Warren, MI) for Fsa Advisors, Inc. within 5 days
Form ADVobserved 3 days ago
11 advisors
Occurred
Dec 15, 2022
Advisor changed firm
Michael Vincent Spica left Independence Capital Co., Inc. for Fsa Advisors, Inc. (registered 2017-08-30)
Form ADVobserved 4 days ago
Occurred
Dec 15, 2022
Advisor changed firm
Nicholas Andrew Shaheen left Independence Capital Co., Inc. for Fsa Advisors, Inc. (registered 2017-07-07)
Form ADVobserved 4 days ago
Occurred
Dec 15, 2022
Advisor changed firm
Adam Christopher Grubius left Independence Capital Co., Inc. for Fsa Advisors, Inc. (registered 2017-08-30)
Form ADVobserved 4 days ago
Occurred
Dec 15, 2022
Advisor changed firm
Jeffery Jay Bleim left Independence Capital Co., Inc. for Fsa Advisors, Inc. (registered 2017-08-30)
Form ADVobserved 4 days ago
Occurred
Dec 15, 2022
Advisor changed firm
Jeffrey David Medvedik left Independence Capital Co., Inc. for Fsa Advisors, Inc. (registered 2025-01-09)
Form ADVobserved 4 days ago
Occurred
Dec 15, 2022
Advisor changed firm
Richard Dean Trombley left Independence Capital Co., Inc. for Fsa Advisors, Inc. (registered 2017-08-30)
Form ADVobserved 4 days ago
Occurred
Dec 15, 2022
Advisor changed firm
Mark Anthony Virostick left Independence Capital Co., Inc. for Fsa Advisors, Inc. (registered 2017-08-30)
Form ADVobserved 4 days ago
Occurred
Dec 15, 2022
Advisor changed firm
Albert Scott Carlson left Independence Capital Co., Inc. for Fsa Advisors, Inc. (registered 2017-10-09)
Form ADVobserved 4 days ago
Occurred
Dec 15, 2022
Advisor changed firm
Michael Leonard Wallace left Independence Capital Co., Inc. for Fsa Advisors, Inc. (registered 2017-09-01)
Form ADVobserved 4 days ago
Occurred
Dec 15, 2022
Advisor changed firm
John Lawrence Sauger left Independence Capital Co., Inc. for Fsa Advisors, Inc. (registered 2017-08-30)
Form ADVobserved 4 days ago

Show 1 bookkeeping events

First seen by DFX
Sep 17, 2026
date not stated
Thomas Gregory Scheiman no longer holds an investment adviser registration (last listed at Independence Capital Co., Inc. on the 2026-09-16 feed)

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:feeb3035-27e8-60e1-e85f-205521f1ae1a
First observed: Jul 24, 2026
Last observed: Sep 11, 2026 8 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.

INDEPENDENCE CAPITAL CO., INC.

CRD 24723

PARMA, OH

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:feeb3035-27e8-60e1-e85f-205521f1ae1a

Data as of Sep 11, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 5:34 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

DENNIS CLARENCE TWAROGOWSKI

n/a

PARMA, OH

n/a

yes

SOHRAB SADEGI

n/a

Ft. Myers, FL | PARMA, OH

yes

DAVID WILLIAM TOETZ

n/a

PARMA, OH

n/a

yes

MARGARET KATHRYN ULRICH

Certified Financial Planner

PARMA, OH

n/a

yes

ROBERT ALAN BILLSTEIN

Certified Financial Planner

PARMA, OH | St. Augustine, FL

yes

DAVID CARL SABO

n/a

PARMA, OH | North Royalton, OH

yes

JON R HEISCHMAN

n/a

PARMA, OH | Reynoldsburg, OH

n/a

yes

JAMES LANG THOMAS

n/a

Niles, OH | PARMA, OH

yes

THOMAS GREGORY SCHEIMAN

n/a

PARMA, OH

n/a

yes

DAVID ANDREW CASSESE

n/a

PARMA, OH | Chesterland, OH

n/a

yes

Thomas Dlugopolsky

n/a

PARMA, OH

yes

MICHAEL G ROMANELLO

n/a

Westlake, OH | PARMA, OH

yes

CHRISTOPHER NICHOLS

n/a

PARMA, OH | Clinton, OH

yes

THOMAS WILLIAM MORAN

n/a

PARMA, OH | Brunswick, OH | Lakeland, FL

yes

JONATHAN DAVID CUSH

Certified Financial Planner

PARMA, OH | New Philadelphia, OH

yes

JOHN CHARLES CUSH

n/a

New Philadelphia, OH | PARMA, OH

yes

DAVID MICHAEL CUSH

n/a

New Philadelphia, OH | PARMA, OH

yes

ANTHONY JOSEPH SPENA

n/a

Willoughby, OH | PARMA, OH

yes

STEPHEN MICHAEL FRANKO

n/a

MT. VERNON, OH | PARMA, OH

n/a

yes

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

SCHEIMAN, THOMAS GREGORY

PRESIDENT, CROP, SROP

yes

03/2004

Sep 11, 2026

TOETZ, DAVID WILLIAM

yes

04/2004

Sep 11, 2026

TWAROGOWSKI, DENNIS CLARENCE

CHIEF COMPLIANCE OFFICER

04/2005

Sep 11, 2026

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

FSA ADVISORS, INC.

Dec 15, 2022

Jan 9, 2025

WARREN, MI

Team lift out

RIA to RIA

35.5%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

ON INVESTMENT MANAGEMENT CO

Feb 5, 2021

Feb 9, 2021

CINCINNATI, OH

Team lift out

Ibd to RIA

1.1%

ONEAMERICA SECURITIES, INC.

Dec 19, 2019

Dec 20, 2019

AKRON, OH

Team lift out

Ibd to RIA

0.8%