DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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Former SEC-registered adviser

B••• M••••••••• C•

Former SEC-registered adviserTowson, MarylandCRD 104600SEC 801-28328IAPD
Latest filing Apr 19, 2024
First filing on the tape Mar 28, 2012 · 18 filings
RAUM
$79.6M
reported, Item 5.F
Discretionary
66%
of RAUM
Private clients
93%
$74.1M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$79.6M
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$95.0M as of Mar 29, 2023
Mar 28, 2012$114M then
HNW client RAUM$85.6M as of Mar 29, 2023
Mar 26, 2018$99.5M then
State-registered IARs (5.B.3)1 as of Mar 29, 2023
Mar 28, 20120 then
Employees (5.A)1 as of Mar 29, 2023
Mar 26, 20131 then
Private funds: no history
RAUM -25% over the last fiscal year-9.1% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Apr 19, 2024; every figure names its basis
RAUM per advisor
$79.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
39derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.6MderivedHNW RAUM over HNW clients
Average account
$2.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
66%derivedof RAUM
Institutional
6.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-10%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.1%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Custody
$8.2M, 6 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$64.2M81%
  • Individuals$9.9M12%
  • Charitable organizations$5.4M6.8%
  • Corporations and businesses$130,0890.2%
Individual clients
14reported
HNW clients
25reported
Pension plan clients
0reported
Charitable clients
2reported
Accounts
40reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$8.2M for 6 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
F•••••• M•••••• H••••Towson, MdJul 28, 202646 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • H••••• F••••••• M•••••• · President, Director, Chief Compliance Officer, D Shareholdercontrol
        since 07/1986 · owns 50% to 75%
      • F••••••• C••••••• M•••••• · C Shareholder
        since 12/2004 · owns 25% to 50%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 38 to 40
        Mar 29, 2023 to Feb 16, 2024
      • HNW clients · 30 to 25
        Mar 29, 2023 to Feb 16, 2024
      • Individual clients · 10 to 14
        Mar 29, 2023 to Feb 16, 2024
      • Assets in custody · $8.5M to $8.2M
        Mar 29, 2023 to Feb 16, 2024
      • Discretionary RAUM · $49.4M to $52.5M
        Mar 29, 2023 to Feb 16, 2024
      • HNW RAUM · $85.6M to $64.2M
        Mar 29, 2023 to Feb 16, 2024
      • Individual RAUM · $3.3M to $9.9M
        Mar 29, 2023 to Feb 16, 2024
      • Non-discretionary RAUM · $45.6M to $27.1M
        Mar 29, 2023 to Feb 16, 2024
      • RAUM · $95.0M to $79.6M
        Mar 29, 2023 to Feb 16, 2024
      • Accounts · 37 to 38
        Mar 23, 2022 to Mar 29, 2023
      • HNW clients · 28 to 30
        Mar 23, 2022 to Mar 29, 2023
      • Individual clients · 9 to 10
        Mar 23, 2022 to Mar 29, 2023
      • Assets in custody · $9.6M to $8.5M
        Mar 23, 2022 to Mar 29, 2023
      • Financial planning clients · 26-50 to 0
        Mar 23, 2022 to Mar 29, 2023
      • Discretionary RAUM · $67.1M to $49.4M
        Mar 23, 2022 to Mar 29, 2023
      • HNW RAUM · $95.0M to $85.6M
        Mar 23, 2022 to Mar 29, 2023
      • Individual RAUM · $3.8M to $3.3M
        Mar 23, 2022 to Mar 29, 2023
      • Non-discretionary RAUM · $38.8M to $45.6M
        Mar 23, 2022 to Mar 29, 2023
      • RAUM · $106M to $95.0M
        Mar 23, 2022 to Mar 29, 2023
      • Accounts · 41 to 37
        Mar 29, 2021 to Mar 23, 2022
      • HNW clients · 29 to 28
        Mar 29, 2021 to Mar 23, 2022
      • Assets in custody · $8.9M to $9.6M
        Mar 29, 2021 to Mar 23, 2022
      • Discretionary RAUM · $103M to $67.1M
        Mar 29, 2021 to Mar 23, 2022
      • HNW RAUM · $92.6M to $95.0M
        Mar 29, 2021 to Mar 23, 2022
      • Individual RAUM · $3.6M to $3.8M
        Mar 29, 2021 to Mar 23, 2022
      • Non-discretionary RAUM · $0 to $38.8M
        Mar 29, 2021 to Mar 23, 2022
      • RAUM · $103M to $106M
        Mar 29, 2021 to Mar 23, 2022
      • Accounts · 43 to 41
        May 20, 2020 to Mar 29, 2021
      • Individual clients · 12 to 9
        May 20, 2020 to Mar 29, 2021
      • Assets in custody · unset to 8880905.0
        May 20, 2020 to Mar 29, 2021
      • Custody of client assets · false to true
        May 20, 2020 to Mar 29, 2021
      • Financial planning clients · unset to 26-50
        May 20, 2020 to Mar 29, 2021
      • Discretionary RAUM · $106M to $103M
        May 20, 2020 to Mar 29, 2021
      • HNW RAUM · $97.5M to $92.6M
        May 20, 2020 to Mar 29, 2021
      • Individual RAUM · $3.1M to $3.6M
        May 20, 2020 to Mar 29, 2021
      • RAUM · $106M to $103M
        May 20, 2020 to Mar 29, 2021
      • Accounts · 53 to 43
        Mar 27, 2019 to Mar 17, 2020
      • HNW clients · 33 to 29
        Mar 27, 2019 to Mar 17, 2020
      • Individual clients · 16 to 12
        Mar 27, 2019 to Mar 17, 2020
      • Discretionary RAUM · $103M to $106M
        Mar 27, 2019 to Mar 17, 2020
      Signals
      No event on the tape.
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $79.6Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026