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••••• W••••• M•••••••••

Independent wealth managerChicago, IllinoisCRD 104708SEC 801-34937websiteIAPD
Legal name F••••• W••••• M••••••••• L•••
Latest filing Jun 8, 2026
First filing on the tape Mar 27, 2012 · 32 filings
SEC status approved since Aug 4, 1989
RAUM
$781M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
100%
$781M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$156M
derived; firm RAUM over IAPD count
Employees
8
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$781M as of Jun 8, 2026
Mar 27, 2012$126M then
HNW client RAUM$745M as of Jun 8, 2026
Mar 9, 2018$289M then
State-registered IARs (5.B.3)5 as of Jun 8, 2026
Mar 7, 20133 then
Employees (5.A)8 as of Jun 8, 2026
Mar 7, 20134 then
Private funds: no history
RAUM +24% over the last fiscal year+22% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Jun 8, 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
$156MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
48derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.3MderivedHNW RAUM over HNW clients
Average account
$887,522derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+24%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+7.7%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 advisersreportedItem 5.G
Custody
$386M, 139 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$745M95%
  • Individuals$36.2M4.6%
Individual clients
64reported
HNW clients
175reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
880reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$386M for 139 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••••••• C•••••• H••••Certified Financial Planner, Chartered Financial AnalystChicago, IlSep 3, 200922 y2
J••• M•••••• B••••Certified Financial PlannerChicago, IlApr 2, 201810 y1
R••• M••• R••••••••Chicago, IlJul 5, 202310 y0
B•••• L••••• G•••••••Chicago, IlSep 9, 202413 y0
E•••• S••••••Chicago, IlJun 8, 202612 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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • H••••• R•••••••• C• · Shareholder, President, Ceo, & Ccocontrol
    since 06/2021 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Chicago, Il · principal510
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Advisory employees · 4 to 5
    Mar 5, 2026 to Jun 8, 2026
  • Employees · 7 to 8
    Mar 5, 2026 to Jun 8, 2026
  • State-registered IARs · 4 to 5
    Mar 5, 2026 to Jun 8, 2026
  • Accounts · 810 to 880
    Dec 22, 2025 to Mar 5, 2026
  • HNW clients · 169 to 175
    Dec 22, 2025 to Mar 5, 2026
  • Individual clients · 53 to 64
    Dec 22, 2025 to Mar 5, 2026
  • Assets in custody · $299M to $386M
    Dec 22, 2025 to Mar 5, 2026
  • Employees · 6 to 7
    Dec 22, 2025 to Mar 5, 2026
  • Discretionary RAUM · $571M to $765M
    Dec 22, 2025 to Mar 5, 2026
  • HNW RAUM · $603M to $745M
    Dec 22, 2025 to Mar 5, 2026
  • Individual RAUM · $26.9M to $36.2M
    Dec 22, 2025 to Mar 5, 2026
  • Non-discretionary RAUM · $59.1M to $16.2M
    Dec 22, 2025 to Mar 5, 2026
  • RAUM · $630M to $781M
    Dec 22, 2025 to Mar 5, 2026
  • Business name · CLUNE & ASSOCIATES to FACTOR WEALTH MANAGEMENT
    May 8, 2025 to Dec 22, 2025
  • Employees · 5 to 6
    May 8, 2025 to Dec 22, 2025
  • Legal name · CLUNE & ASSOCIATES, LTD. to FACTOR WEALTH MANAGEMENT LTD.
    May 8, 2025 to Dec 22, 2025
  • Financial planning clients · 101-250 to 101-250
    Mar 21, 2025 to May 8, 2025
  • Accounts · 772 to 810
    Nov 13, 2024 to Mar 21, 2025
  • Charity clients · unset to 0.0
    Nov 13, 2024 to Mar 21, 2025
  • Corporate clients · unset to 0.0
    Nov 13, 2024 to Mar 21, 2025
  • HNW clients · 157 to 169
    Nov 13, 2024 to Mar 21, 2025
  • Individual clients · 59 to 53
    Nov 13, 2024 to Mar 21, 2025
  • Assets in custody · $431M to $299M
    Nov 13, 2024 to Mar 21, 2025
  • Discretionary RAUM · $503M to $571M
    Nov 13, 2024 to Mar 21, 2025
  • HNW RAUM · $546M to $603M
    Nov 13, 2024 to Mar 21, 2025
  • Individual RAUM · $32.9M to $26.9M
    Nov 13, 2024 to Mar 21, 2025
  • Non-discretionary RAUM · $80.0M to $59.1M
    Nov 13, 2024 to Mar 21, 2025
  • RAUM · $583M to $630M
    Nov 13, 2024 to Mar 21, 2025
  • Advisory employees · 5 to 4
    Sep 9, 2024 to Nov 13, 2024
  • Employees · 6 to 5
    Sep 9, 2024 to Nov 13, 2024
  • State-registered IARs · 5 to 4
    Sep 9, 2024 to Nov 13, 2024
  • Other offices · 2 to 0
    Sep 9, 2024 to Nov 13, 2024
  • Advisory employees · 4 to 5
    Mar 19, 2024 to Sep 9, 2024
  • Advisory activities · 4 to 5
    Mar 19, 2024 to Sep 9, 2024
  • Employees · 5 to 6
    Mar 19, 2024 to Sep 9, 2024
  • State-registered IARs · 4 to 5
    Mar 19, 2024 to Sep 9, 2024
  • Accounts · 697 to 772
    Jun 9, 2023 to Mar 19, 2024
  • Corporate clients · 0.0 to unset
    Jun 9, 2023 to Mar 19, 2024
  • HNW clients · 147 to 157
    Jun 9, 2023 to Mar 19, 2024
  • Individual clients · 55 to 59
    Jun 9, 2023 to Mar 19, 2024
Signals
2 dated events
  • Factor Wealth Management reported RAUM $582.7M, up 34% from $433.7M (2023-06-09 to 2024-03-19)
    Mar 19, 2024 · RAUM change · derived
  • Stancati Eileen Clune (President & Ceo) no longer on Schedule A of Factor Wealth Management (listed 2021-03-23, absent 2021-07-20)
    Jul 20, 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
info@factorwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
312-535-4252reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
312-644-5040reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/factorwealthreportedpublic record, Form ADV, Sep 18, 2026
Website
factorwealth.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
(312) 644-5040reportedpublic record, Form ADV, Jun 8, 2026
Team page
factorwealth.com/teamreportedpublished by the firm, firm site, Sep 15, 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
$156Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026