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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SEC-registered adviser

F•• A•••••••• I•••

Asset manager (funds and pooled vehicles)Berwyn, PennsylvaniaCRD 104601SEC 801-29775websiteIAPD
Latest filing Jun 30, 2026
First filing on the tape Mar 30, 2012 · 53 filings
SEC status approved since Jul 2, 1987
RAUM
$833M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
17
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
53 filings and snapshots on the tape
RAUM$833M as of Jun 30, 2026
Mar 30, 2012$131M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 30, 2026
Mar 4, 20137 then
Employees (5.A)17 as of Jun 30, 2026
Mar 4, 201374 then
Private funds: no history
RAUM -10% over the last fiscal year-39% a year over threeIARs 0 to 0offices 2 to 1
Practice profile
derived from the filing of Jun 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • PE backed · a Schedule A entity owner at 25 percent or more whose exact legal name is a PE fund vehicle or a classified PE sponsor on the DFX private equity graph
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$211,536derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
-10%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, otherreportedItem 5.G
Ownership
a PE fund or sponsor is a 25 percent or greater owner 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Other investment advisers$833M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3,937reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • D••••••• D•••• M•••• · Co-Chief I•••••Ment Officercontrol
    since 09/2020 · owns less than 5%
  • F••• J••••• L••••••• · Interim Chief Executive Officercontrol
    since 04/2024 · owns less than 5%
  • L•••••• B••••••• T••••• · Chief Compliance Officercontrol
    since 10/2018 · owns less than 5%
  • O••••••• S•••••• S• · Chief Legal Officer, General Counsel, Secretarycontrol
    since 01/2018 · owns less than 5%
  • S•••• T•••••• M•••••• · Evp, E•••••••• Business Linescontrol
    since 12/2022 · owns less than 5%
  • T•••••• B••••••• R••••••• · Co-Chief I•••••Ment Officer/Managing Dircontrol
    since 01/2018 · owns less than 5%
  • W•••••• J•••••• B• · Chief Financial Officercontrol
    since 01/2024 · owns less than 5%
Entity owners
  • M•••• L•• · Sole Shareholder
    direct · owns 75% or more
  • B••• P••••• B••••• I••• · Owner
    indirect · owns 75% or more of E••••••••• I•••
  • B••• P••••• I••••••••• L•• · Owner
    indirect · owns 75% or more of B••• P••••• B••••• I•••
  • B••• P••••• I•••••••• L• · Owner
    indirect · owns 50% to 75% of B••• P••••• T••••• L•
  • B••• P••••• P••••• • I••• · Owner
    indirect · owns 75% or more of B••• P••••• I••••••••• L••
  • B••• P••••• T••••• L• · Owner
    indirect · owns 75% or more of B••• P••••• P••••• • I•••
  • E••••••••• I••• · Sole Shareholder
    indirect · owns 75% or more of F•••• D••••••• H•••••••• I•••
  • F•••• D••••••• H•••••••• I••• · Member
    indirect · owns 75% or more of F•••• D•••••••• I•••
  • F•••• D•••••••• I••• · Sole Member
    indirect · owns 75% or more of M•••• L••
  • B••• C•••••• F••• X•••• L••• · Owner
    indirect · owns 25% to 50% of B••• P••••• I•••••••• L•
Related persons
Schedule D 7.A
Advisers that list F•• A•••••••• I••• as a related person
Offices
Schedule D 1.F, the 25 largest
  • Berwyn, PA1 employees
  • Denver, CO1 employees
What changed
consecutive filings, newest first
  • HQ city · CHICAGO to BERWYN
    Apr 10, 2026 to Jun 30, 2026
  • HQ state · IL to PA
    Apr 10, 2026 to Jun 30, 2026
  • Other offices · 2 to 1
    Apr 10, 2026 to Jun 30, 2026
  • Accounts · 5,003 to 3,937
    Dec 8, 2025 to Mar 31, 2026
  • Advisory employees · 5 to 4
    Dec 8, 2025 to Mar 31, 2026
  • Employees · 20 to 17
    Dec 8, 2025 to Mar 31, 2026
  • Discretionary RAUM · $926M to $833M
    Dec 8, 2025 to Mar 31, 2026
  • RAUM · $926M to $833M
    Dec 8, 2025 to Mar 31, 2026
  • Financial planning clients · unset to
    Mar 31, 2025 to Jul 1, 2025
  • Accounts · 9,519 to 5,003
    Feb 18, 2025 to Mar 31, 2025
  • Advisory employees · 9 to 5
    Feb 18, 2025 to Mar 31, 2025
  • Employees · 48 to 20
    Feb 18, 2025 to Mar 31, 2025
  • Discretionary RAUM · $2.3B to $926M
    Feb 18, 2025 to Mar 31, 2025
  • RAUM · $2.3B to $926M
    Feb 18, 2025 to Mar 31, 2025
  • Related bank · false to true
    Sep 3, 2024 to Dec 9, 2024
  • Accounts · 11,861 to 9,519
    Jan 24, 2024 to Mar 28, 2024
  • Advisory employees · 10 to 9
    Jan 24, 2024 to Mar 28, 2024
  • Employees · 66 to 48
    Jan 24, 2024 to Mar 28, 2024
  • State-registered IARs · 2 to 0
    Jan 24, 2024 to Mar 28, 2024
  • Discretionary RAUM · $3.6B to $2.3B
    Jan 24, 2024 to Mar 28, 2024
  • RAUM · $3.6B to $2.3B
    Jan 24, 2024 to Mar 28, 2024
  • Related broker-dealer · false to true
    Mar 31, 2023 to Sep 27, 2023
  • Accounts · 12,396 to 11,861
    Feb 22, 2023 to Mar 31, 2023
  • Employees · 51 to 66
    Feb 22, 2023 to Mar 31, 2023
  • Discretionary RAUM · $5.1B to $3.6B
    Feb 22, 2023 to Mar 31, 2023
  • RAUM · $5.1B to $3.6B
    Feb 22, 2023 to Mar 31, 2023
  • Accounts · 11,786 to 12,396
    Feb 3, 2022 to Mar 31, 2022
  • Advisory employees · 4 to 10
    Feb 3, 2022 to Mar 31, 2022
  • Employees · 54 to 51
    Feb 3, 2022 to Mar 31, 2022
  • Discretionary RAUM · $3.9B to $5.1B
    Feb 3, 2022 to Mar 31, 2022
  • RAUM · $3.9B to $5.1B
    Feb 3, 2022 to Mar 31, 2022
  • Accounts · 13,411 to 11,786
    Aug 28, 2020 to Mar 31, 2021
  • Advisory employees · 5 to 4
    Aug 28, 2020 to Mar 31, 2021
  • Employees · 64 to 54
    Aug 28, 2020 to Mar 31, 2021
  • Discretionary RAUM · $3.4B to $3.9B
    Aug 28, 2020 to Mar 31, 2021
  • RAUM · $3.4B to $3.9B
    Aug 28, 2020 to Mar 31, 2021
  • HQ city · SACRAMENTO to CHICAGO
    Jun 29, 2020 to Aug 28, 2020
  • HQ state · CA to IL
    Jun 29, 2020 to Aug 28, 2020
  • Other offices · 4 to 2
    Jun 29, 2020 to Aug 28, 2020
  • Accounts · 49,152 to 13,411
    Oct 31, 2019 to Apr 14, 2020
Signals
18 dated events
  • F•• A•••••••• I••• reported RAUM $926.1M, down 59% from $2.3B (2025-02-18 to 2025-03-31)
    Mar 31, 2025 · RAUM change · derived
  • F•• A•••••••• I••• reported RAUM $2.3B, down 37% from $3.6B (2024-01-24 to 2024-03-28)
    Mar 28, 2024 · RAUM change · derived
  • Lawrence James Fox (Interim Chief Executive Officer) appeared on Schedule A of F•• A•••••••• I•••
    Mar 28, 2024 · Control person joined · fact
  • C. William Crager (Ceo) no longer on Schedule A of F•• A•••••••• I••• (listed 2024-01-24, absent 2024-03-28)
    Mar 28, 2024 · Control person left · inference
  • Michael Robert Coppola (Chief Technology Officer) no longer on Schedule A of F•• A•••••••• I••• (listed 2024-01-24, absent 2024-03-28)
    Mar 28, 2024 · Control person left · inference
  • B. Joshua Warren (Chief Financial Officer) appeared on Schedule A of F•• A•••••••• I•••
    Jan 24, 2024 · Control person joined · fact
  • H Peter Darrigo (Chief Financial Officer) no longer on Schedule A of F•• A•••••••• I••• (listed 2023-09-27, absent 2024-01-24)
    Jan 24, 2024 · Control person left · inference
  • David Joshua Mayer (Chief Operating Officer) no longer on Schedule A of F•• A•••••••• I••• (listed 2023-09-27, absent 2024-01-24)
    Jan 24, 2024 · Control person left · inference
  • F•• A•••••••• I••• reported RAUM $3.6B, down 29% from $5.1B (2023-02-22 to 2023-03-31)
    Mar 31, 2023 · RAUM change · derived
  • Michael Thomas Sipp (Evp, Envestnet Business Lines) appeared on Schedule A of F•• A•••••••• I•••
    Feb 3, 2023 · Control person joined · fact
  • F•• A•••••••• I••• reported RAUM $5.1B, up 31% from $3.9B (2022-02-03 to 2022-03-31)
    Mar 31, 2022 · RAUM change · derived
  • Michael Robert Coppola (Chief Technology Officer) appeared on Schedule A of F•• A•••••••• I•••
    Apr 27, 2021 · Control person joined · fact
  • Marie Dana D'Auria (Co-Chief Investment Officer) appeared on Schedule A of F•• A•••••••• I•••
    Mar 31, 2021 · Control person joined · fact
  • David Scott Grinis (Chief Technology Officer) no longer on Schedule A of F•• A•••••••• I••• (listed 2020-08-28, absent 2021-03-31)
    Mar 31, 2021 · Control person left · inference
  • F•• A•••••••• I••• reported RAUM $3.4B, down 49% from $6.7B (2019-10-31 to 2020-04-14)
    Apr 14, 2020 · RAUM change · derived
  • T Judson Bergman (Chief Executive Officer And Director) no longer on Schedule A of F•• A•••••••• I••• (listed 2019-03-30, absent 2019-10-31)
    Oct 31, 2019 · Control person left · inference
  • David Scott Grinis (Chief Technology Officer) appeared on Schedule A of F•• A•••••••• I•••
    Mar 30, 2019 · Control person joined · fact
  • F•• A•••••••• I••• reported RAUM $8.6B, up 29% from $6.7B (2017-12-20 to 2018-03-29)
    Mar 29, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Website
E••••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
312-827-2800reportedpublic record, Form ADV, Jun 30, 2026
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
Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026