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

C••••• I••••••••• M••••••••• I••

Wealth manager with institutional or fund businessLutherville, MarylandCRD 104716SEC 801-9139websiteIAPD
Latest filing Jun 29, 2026
First filing on the tape Mar 20, 2012 · 44 filings
SEC status approved since Mar 9, 1973
RAUM
$1.0B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
36%
$366M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$144M
derived; firm RAUM over IAPD count
Employees
10
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
44 filings and snapshots on the tape
RAUM$1.0B as of Jun 29, 2026
Mar 20, 2012$1.1B then
HNW client RAUM$230M as of Jun 29, 2026
Feb 27, 2018$292M then
State-registered IARs (5.B.3)7 as of Jun 29, 2026
Mar 20, 20120 then
Employees (5.A)10 as of Jun 29, 2026
Jan 22, 201311 then
Private funds: no history
RAUM +3.0% over the last fiscal year-0.8% a year over threeIARs 7 to 7
Practice profile
derived from the filing of Jun 29, 2026; every figure names its basis
Archetypes, each a printed rule
RAUM per advisor
$144MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
54derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$2.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
5.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
7.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+3.0%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-2.6%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companiesreportedItem 5.G
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$508M51%
  • High-net-worth individuals$230M23%
  • Individuals$136M14%
  • Corporations and businesses$72.2M7.2%
  • Charitable organizations$53.1M5.3%
  • Pension and profit-sharing plans$4.3M0.4%
  • Insurance companies$849,4560.1%
Individual clients
273reported
HNW clients
106reported
Pension plan clients
4reported
Charitable clients
24reported
Accounts
512reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.36 fund_share=0.51 institutional_share=0.06 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
C•••••• V•• K•••• C••••••Chartered Financial AnalystLutherville, MdJan 1, 199943 y0
M•••••• J••••• F••••••Chartered Financial AnalystLutherville, MdJan 1, 199936 y0
W•••••• E•••• W••••Ponte Vedra Beach, Fl Feb 6, 201323 y0
D•••• J••• P••••••Lutherville, MdFeb 10, 201512 y0
M•••••• A••••• G••••••Chartered Financial AnalystLutherville, MdJan 20, 201723 y0
M•••••• J••••• P•••••••••Lutherville, MdJan 23, 201725 y0
G••••• A• T•••••Chartered Financial AnalystLutherville, MdMar 17, 202222 y1
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
  • P••••••••• M••••••• J••••• · Portfolio Manager, President, Directorcontrol
    since 01/2021 · owns 25% to 50%
  • T•••••• G•••••• A• · Portfolio Manager, Senior Vice President, Directorcontrol
    since 08/2023 · owns 25% to 50%
  • C••••••• C••••••• V•• K•••• · Portfolio Manager
    since 01/1994 · owns 5% to 10%
  • D••••••• M••••• M••••• · Chief Compliance Officer
    since 08/2023 · owns less than 5%
  • F••••••• M••••••• J••••• · Portfolio Manager
    since 01/2021 · owns less than 5%
  • G••••••• M••••••• A••••• · Portfolio Manager, Senior Vice President, Secretary, Director
    since 09/2009 · owns 10% to 25%
  • G••••• T•••••• E• · Chief Compliance Officer
    since 10/2025 · owns less than 5%
  • W••••• W••••••• E•••• · Vice President, National Sales Director, Director
    since 12/2002 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Lutherville, Md · principal700
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 456 to 512
    Jan 6, 2026 to Mar 25, 2026
  • Charity clients · 28 to 24
    Jan 6, 2026 to Mar 25, 2026
  • Corporate clients · 29 to 32
    Jan 6, 2026 to Mar 25, 2026
  • HNW clients · 111 to 106
    Jan 6, 2026 to Mar 25, 2026
  • Individual clients · 278 to 273
    Jan 6, 2026 to Mar 25, 2026
  • Pension plan clients · 8 to 4
    Jan 6, 2026 to Mar 25, 2026
  • Employees · 11 to 10
    Jan 6, 2026 to Mar 25, 2026
  • Discretionary RAUM · $976M to $1.0B
    Jan 6, 2026 to Mar 25, 2026
  • HNW RAUM · $254M to $230M
    Jan 6, 2026 to Mar 25, 2026
  • Individual RAUM · $146M to $136M
    Jan 6, 2026 to Mar 25, 2026
  • Pension RAUM · $7.7M to $4.3M
    Jan 6, 2026 to Mar 25, 2026
  • RAUM · $976M to $1.0B
    Jan 6, 2026 to Mar 25, 2026
  • Financial planning clients · unset to
    Mar 27, 2025 to Jul 16, 2025
  • Accounts · 612 to 456
    Mar 28, 2024 to Mar 27, 2025
  • Advisory employees · 5 to 7
    Mar 28, 2024 to Mar 27, 2025
  • Charity clients · 32 to 28
    Mar 28, 2024 to Mar 27, 2025
  • Corporate clients · 37 to 29
    Mar 28, 2024 to Mar 27, 2025
  • HNW clients · 162 to 111
    Mar 28, 2024 to Mar 27, 2025
  • Individual clients · 368 to 278
    Mar 28, 2024 to Mar 27, 2025
  • Pension plan clients · 11 to 8
    Mar 28, 2024 to Mar 27, 2025
  • Discretionary RAUM · $939M to $976M
    Mar 28, 2024 to Mar 27, 2025
  • HNW RAUM · $260M to $254M
    Mar 28, 2024 to Mar 27, 2025
  • Individual RAUM · $186M to $146M
    Mar 28, 2024 to Mar 27, 2025
  • Pension RAUM · $15.3M to $7.7M
    Mar 28, 2024 to Mar 27, 2025
  • RAUM · $939M to $976M
    Mar 28, 2024 to Mar 27, 2025
  • Accounts · 744 to 612
    Aug 18, 2023 to Mar 28, 2024
  • BD registered reps · 0 to 2
    Aug 18, 2023 to Mar 28, 2024
  • Charity clients · 31 to 32
    Aug 18, 2023 to Mar 28, 2024
  • Corporate clients · 50 to 37
    Aug 18, 2023 to Mar 28, 2024
  • HNW clients · 133 to 162
    Aug 18, 2023 to Mar 28, 2024
  • Individual clients · 516 to 368
    Aug 18, 2023 to Mar 28, 2024
  • Pension plan clients · 12 to 11
    Aug 18, 2023 to Mar 28, 2024
  • Employees · 10 to 11
    Aug 18, 2023 to Mar 28, 2024
  • Discretionary RAUM · $1.0B to $939M
    Aug 18, 2023 to Mar 28, 2024
  • HNW RAUM · $287M to $260M
    Aug 18, 2023 to Mar 28, 2024
  • Individual RAUM · $252M to $186M
    Aug 18, 2023 to Mar 28, 2024
  • Pension RAUM · $22.3M to $15.3M
    Aug 18, 2023 to Mar 28, 2024
  • RAUM · $1.0B to $939M
    Aug 18, 2023 to Mar 28, 2024
  • Accounts · 739 to 744
    Jan 10, 2023 to Feb 21, 2023
  • Charity clients · 28 to 31
    Jan 10, 2023 to Feb 21, 2023
Signals
1 dated events
  • T••• B••••••• G•••••• left C••••• I••••••••• M••••••••• I•• for J••••• M••••••••• S•••• L•• (registered 2023-01-06)
    Jan 10, 2023 · Advisor changed firm · fact
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
hkaraolis@greenspringfund.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
410-307-1513reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
410-307-1511reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
410-823-5353reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/corbyn-investment-management-inc.reportedpublic record, Form ADV, Sep 18, 2026
Website
greenspringfund.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
410-832-5500reportedpublic record, Form ADV, Jun 29, 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
Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
RAUM per advisor
$144Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026