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.

SEC-registered adviser

Cortland Associates Inc

Independent wealth managerSt. Louis, MissouriCRD 104681SEC 801-34183websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Mar 30, 2012 · 22 filings
SEC status approved since Apr 20, 1989
RAUM
$958M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$930M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$240M
derived; firm RAUM over IAPD count
Employees
7
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$958M as of Mar 27, 2026
Mar 30, 2012$416M then
HNW client RAUM$869M as of Mar 27, 2026
Mar 22, 2018$511M then
State-registered IARs (5.B.3)2 as of Mar 27, 2026
Mar 30, 20120 then
Employees (5.A)7 as of Mar 27, 2026
Mar 28, 20132 then
Private funds: no history
RAUM -4.3% over the last fiscal year+9.5% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$240MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
95derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.0MderivedHNW RAUM over HNW clients
Average account
$2.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-4.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-0.8%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$869M91%
  • Individuals$60.9M6.4%
  • Charitable organizations$18.3M1.9%
  • Pension and profit-sharing plans$9.8M1.0%
Individual clients
163reported
HNW clients
217reported
Pension plan clients
5reported
Charitable clients
2reported
Accounts
387reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $163M managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Thomas Raymond PodlesnySt. Louis, Mo Dec 2, 199733 y0
William Mckinley CareySt. Louis, MoFeb 6, 199837 y0
John David O'KeefeSt. Louis, MoMar 23, 201838 y2
Matthew Joseph HicksRidgefield, CtMay 12, 202134 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
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Mckinley William Carey · Presidentcontrol
      since 02/1989 · owns 50% to 75%
    • Raymond Thomas Podlesny · Chief Compliance Officercontrol
      since 10/1992 · owns 25% to 50%
    Related persons
    Schedule D 7.A
    • Xiling Group LLC
      pooled vehicle sponsorn
    • Xiling Jingli LLC
      pooled vehicle sponsorn
    • Xuan Yong Group LLC
      pooled vehicle sponsorn
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    St Louis, Mo300
    Offices
    Schedule D 1.F, the 25 largest
    • Naples, FL1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 390 to 387
      Mar 27, 2025 to Mar 27, 2026
    • HNW clients · 228 to 217
      Mar 27, 2025 to Mar 27, 2026
    • Individual clients · 155 to 163
      Mar 27, 2025 to Mar 27, 2026
    • Discretionary RAUM · $1.0B to $958M
      Mar 27, 2025 to Mar 27, 2026
    • HNW RAUM · $909M to $869M
      Mar 27, 2025 to Mar 27, 2026
    • Individual RAUM · $60.1M to $60.9M
      Mar 27, 2025 to Mar 27, 2026
    • Pension RAUM · $11.9M to $9.8M
      Mar 27, 2025 to Mar 27, 2026
    • RAUM · $1.0B to $958M
      Mar 27, 2025 to Mar 27, 2026
    • Wrap assets (manager) · $177M to $163M
      Mar 27, 2025 to Mar 27, 2026
    • Accounts · 396 to 390
      Mar 25, 2024 to Mar 27, 2025
    • Advisory employees · 2 to 3
      Mar 25, 2024 to Mar 27, 2025
    • HNW clients · 194 to 228
      Mar 25, 2024 to Mar 27, 2025
    • Individual clients · 195 to 155
      Mar 25, 2024 to Mar 27, 2025
    • Financial planning clients · unset to
      Mar 25, 2024 to Mar 27, 2025
    • Discretionary RAUM · $788M to $1.0B
      Mar 25, 2024 to Mar 27, 2025
    • HNW RAUM · $692M to $909M
      Mar 25, 2024 to Mar 27, 2025
    • Individual RAUM · $71.2M to $60.1M
      Mar 25, 2024 to Mar 27, 2025
    • Pension RAUM · $9.7M to $11.9M
      Mar 25, 2024 to Mar 27, 2025
    • RAUM · $788M to $1.0B
      Mar 25, 2024 to Mar 27, 2025
    • Wrap assets (manager) · $137M to $177M
      Mar 25, 2024 to Mar 27, 2025
    • Accounts · 412 to 396
      Mar 17, 2023 to Mar 25, 2024
    • Charity clients · unset to 2.0
      Mar 17, 2023 to Mar 25, 2024
    • HNW clients · 183 to 194
      Mar 17, 2023 to Mar 25, 2024
    • Individual clients · 221 to 195
      Mar 17, 2023 to Mar 25, 2024
    • Employees · 6 to 7
      Mar 17, 2023 to Mar 25, 2024
    • Discretionary RAUM · $729M to $788M
      Mar 17, 2023 to Mar 25, 2024
    • HNW RAUM · $627M to $692M
      Mar 17, 2023 to Mar 25, 2024
    • Individual RAUM · $74.0M to $71.2M
      Mar 17, 2023 to Mar 25, 2024
    • Pension RAUM · $8.0M to $9.7M
      Mar 17, 2023 to Mar 25, 2024
    • RAUM · $729M to $788M
      Mar 17, 2023 to Mar 25, 2024
    • Wrap assets (manager) · $121M to $137M
      Mar 17, 2023 to Mar 25, 2024
    • Accounts · 410 to 412
      Mar 29, 2022 to Mar 17, 2023
    • HNW clients · 217 to 183
      Mar 29, 2022 to Mar 17, 2023
    • Individual clients · 186 to 221
      Mar 29, 2022 to Mar 17, 2023
    • Pension plan clients · unset to 5.0
      Mar 29, 2022 to Mar 17, 2023
    • Discretionary RAUM · $1.0B to $729M
      Mar 29, 2022 to Mar 17, 2023
    • HNW RAUM · $831M to $627M
      Mar 29, 2022 to Mar 17, 2023
    • Individual RAUM · $62.0M to $74.0M
      Mar 29, 2022 to Mar 17, 2023
    • Pension RAUM · $87.0M to $8.0M
      Mar 29, 2022 to Mar 17, 2023
    • RAUM · $1.0B to $729M
      Mar 29, 2022 to Mar 17, 2023
    Signals
    3 dated events
    • Cortland Associates Inc reported RAUM $1.0B, up 27% from $788.0M (2024-03-25 to 2025-03-27)
      Mar 27, 2025 · RAUM change · derived
    • Cortland Associates Inc reported RAUM $729.0M, down 28% from $1.0B (2022-03-29 to 2023-03-17)
      Mar 17, 2023 · RAUM change · derived
    • Keane Robert Crutsinger (Executive Vp) no longer on Schedule A of Cortland Associates Inc (listed 2020-06-08, absent 2021-03-22)
      Mar 22, 2021 · Control person left · inference
    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
    Business email
    information@cortlandassociates.comreportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    314-726-6164reportedpublished by the firm, firm site, Sep 17, 2026
    Website
    CORTLANDASSOCIATES.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    314-726-6164reportedpublic record, Form ADV, Mar 27, 2026
    Contact form
    cortlandassociates.com/contactreportedpublished by the firm, firm site, Sep 17, 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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $240Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026