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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

Former SEC-registered adviser

S•• F•••••••• I••

Former SEC-registered adviserRockville, MarylandCRD 104618SEC 801-14191websiteIAPD
Latest filing Mar 28, 2025
First filing on the tape Nov 29, 2011 · 59 filings
SEC status approved since Nov 30, 1978
RAUM
$1.4B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$1.4B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
33
15 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
59 filings and snapshots on the tape
RAUM$1.4B as of Mar 28, 2025
Mar 26, 2012$530M then
HNW client RAUM$1.2B as of Mar 28, 2025
Mar 29, 2018$582M then
State-registered IARs (5.B.3)17 as of Mar 28, 2025
Mar 26, 20120 then
Employees (5.A)33 as of Mar 28, 2025
Apr 1, 201327 then
Private funds: no history
RAUM +20% over the last fiscal year+6.7% a year over threeIARs 15 to 17
Practice profile
derived from the filing of Mar 28, 2025; every figure names its basis
RAUM per advisor
$81.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
73derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.8MderivedHNW RAUM over HNW clients
Average account
$333,035derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.9derivedItem 5.A over advisors
Advisors per office
17.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+20%derivedbetween the last two annual amendments
Advisor growth, one year
+13%derivedItem 5.B.3 between annual amendments
Client growth, one year
-40%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, publications, educational seminarsreportedItem 5.G
Custody
$8.3M, 10 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
  • is an insurance broker or agent (6.A.6)
  • 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$1.2B83%
  • Individuals$222M16%
  • Corporations and businesses$9.7M0.7%
Individual clients
819reported
HNW clients
414reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4,180reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$8.3M for 10 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
16 left, 0 joined in 12 months
net -16 in 12 months0 left in 90 days0 joined in 90 days16 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • B•••• D•••••• A•••••• · General Counsel And Ccocontrol
      since 10/2015 · owns less than 5%
    • S••••• E•••••• G••••••• · Ceocontrol
      since 07/1989 · owns 75% or more
    • C••••••••• W••••••• G•••••• · Secretary
      since 07/1989 · owns less than 5%
    • M•••••••• L••• D••••• · Treasurer
      since 12/2002 · owns less than 5%
    Related persons
    Schedule D 7.A
    • S•••• • M•••••••• L••
      insurancey
    • S•• I••••••••• L••
      real estatey
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Rockville, Md · principal0016
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 3,292 to 4,180
      Jan 29, 2025 to Mar 28, 2025
    • Advisory employees · 17 to 15
      Jan 29, 2025 to Mar 28, 2025
    • Corporate clients · 8 to 7
      Jan 29, 2025 to Mar 28, 2025
    • HNW clients · 1,118 to 414
      Jan 29, 2025 to Mar 28, 2025
    • Individual clients · 945 to 819
      Jan 29, 2025 to Mar 28, 2025
    • Assets in custody · $10.0M to $8.3M
      Jan 29, 2025 to Mar 28, 2025
    • Employees · 27 to 33
      Jan 29, 2025 to Mar 28, 2025
    • Financial planning clients · 251-500 to 101-250
      Jan 29, 2025 to Mar 28, 2025
    • Discretionary RAUM · $1.2B to $1.4B
      Jan 29, 2025 to Mar 28, 2025
    • HNW RAUM · $1.0B to $1.2B
      Jan 29, 2025 to Mar 28, 2025
    • Individual RAUM · $141M to $222M
      Jan 29, 2025 to Mar 28, 2025
    • Non-discretionary RAUM · $5.0M to $3.1M
      Jan 29, 2025 to Mar 28, 2025
    • RAUM · $1.2B to $1.4B
      Jan 29, 2025 to Mar 28, 2025
    • Advisory employees · 14 to 17
      Jul 12, 2024 to Oct 29, 2024
    • BD registered reps · 13 to 0
      Jul 12, 2024 to Oct 29, 2024
    • State-registered IARs · 15 to 17
      Jul 12, 2024 to Oct 29, 2024
    • Wrap assets (manager) · 0.0 to unset
      Jul 12, 2024 to Oct 29, 2024
    • Wrap assets (sponsor) · 0.0 to unset
      Jul 12, 2024 to Oct 29, 2024
    • Accounts · 3,105 to 3,292
      Sep 19, 2023 to Mar 28, 2024
    • Advisory employees · 15 to 14
      Sep 19, 2023 to Mar 28, 2024
    • Corporate clients · 2 to 8
      Sep 19, 2023 to Mar 28, 2024
    • HNW clients · 427 to 1,118
      Sep 19, 2023 to Mar 28, 2024
    • Individual clients · 671 to 945
      Sep 19, 2023 to Mar 28, 2024
    • Commission compensation · true to false
      Sep 19, 2023 to Mar 28, 2024
    • Assets in custody · $7.3M to $10.0M
      Sep 19, 2023 to Mar 28, 2024
    • Employees · 26 to 27
      Sep 19, 2023 to Mar 28, 2024
    • Financial planning clients · More than 500 to 251-500
      Sep 19, 2023 to Mar 28, 2024
    • Discretionary RAUM · $995M to $1.2B
      Sep 19, 2023 to Mar 28, 2024
    • HNW RAUM · $796M to $1.0B
      Sep 19, 2023 to Mar 28, 2024
    • Individual RAUM · $202M to $141M
      Sep 19, 2023 to Mar 28, 2024
    • Non-discretionary RAUM · $4.7M to $5.0M
      Sep 19, 2023 to Mar 28, 2024
    • RAUM · $1.0B to $1.2B
      Sep 19, 2023 to Mar 28, 2024
    • Accounts · 2,904 to 3,105
      Nov 1, 2022 to Mar 22, 2023
    • Advisory employees · 14 to 15
      Nov 1, 2022 to Mar 22, 2023
    • HNW clients · 413 to 427
      Nov 1, 2022 to Mar 22, 2023
    • Individual clients · 607 to 671
      Nov 1, 2022 to Mar 22, 2023
    • Pension plan clients · 2.0 to unset
      Nov 1, 2022 to Mar 22, 2023
    • Assets in custody · $13.4M to $7.3M
      Nov 1, 2022 to Mar 22, 2023
    • Employees · 25 to 26
      Nov 1, 2022 to Mar 22, 2023
    • State-registered IARs · 14 to 15
      Nov 1, 2022 to Mar 22, 2023
    Signals
    20 dated events
    • S•• F•••••••• I•• no longer on the SEC adviser roster (last listed 2025-12-20, RAUM $1.4B)
      Jan 2, 2026 · Left the SEC roster · derived
    • E••••• G••••••• S•••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-10-31)
      Nov 26, 2025 · Advisor changed firm · fact
    • R••• M•••••• M•••••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-10-20)
      Nov 11, 2025 · Advisor changed firm · fact
    • J•••• J•••••• D•••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-11-04)
      Nov 11, 2025 · Advisor changed firm · fact
    • E••• T•••••• A•••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-11-04)
      Nov 11, 2025 · Advisor changed firm · fact
    • S•••••• G•••••• S•••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-11-06)
      Nov 11, 2025 · Advisor changed firm · fact
    • J••• T••••• F•••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-11-04)
      Nov 11, 2025 · Advisor changed firm · fact
    • P••••• L•••••• M••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-11-06)
      Nov 11, 2025 · Advisor changed firm · fact
    • E•••• M•••••• W•••••••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-11-05)
      Nov 11, 2025 · Advisor changed firm · fact
    • S••••• J••••• W•• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-11-04)
      Nov 11, 2025 · Advisor changed firm · fact
    • M•••••• C••••••••• P•••••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-11-04)
      Nov 11, 2025 · Advisor changed firm · fact
    • T••••••• K• A••••••••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-11-03)
      Nov 11, 2025 · Advisor changed firm · fact
    • J•••• C••••• P•••••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-11-06)
      Nov 11, 2025 · Advisor changed firm · fact
    • B•••••• P•••••• L••••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-11-04)
      Nov 11, 2025 · Advisor changed firm · fact
    • P••••• J•••• M••••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-11-04)
      Nov 11, 2025 · Advisor changed firm · fact
    • A••••• A•••• T••••••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-11-04)
      Nov 11, 2025 · Advisor changed firm · fact
    • M•••••• E••••• G•••••••• left S•• F•••••••• I•• for A•••••••• C•••••• L•• (registered 2025-11-05)
      Nov 11, 2025 · Advisor changed firm · fact
    • S•• F•••••••• I••'s advisors moved to A•••••••• C•••••• L•• (Rockville, MD): 15 of 16 registered, on the same day
      Nov 11, 2025 · Firm absorbed (people side) · derived
    • C•••••• V••••• K••••• left S•• F•••••••• I•• for C•••••••• W••••• L•• (registered 2026-01-28)
      Sep 15, 2023 · Advisor changed firm · fact
    • S•• F•••••••• I•• reported RAUM $790.1M, up 26% from $628.0M (2019-03-29 to 2020-03-30)
      Mar 30, 2020 · 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.
    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
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026