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
Bard Associates Inc
Latest filing May 22, 2026
First filing on the tape Mar 22, 2012 · 25 filings
SEC status approved since Feb 6, 1987
RAUM
$416M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$397M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$208M
derived; firm RAUM over IAPD count
Employees
10
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$416M as of May 22, 2026
Mar 22, 2012$252M then
HNW client RAUM$365M as of May 22, 2026
Mar 27, 2018$132M then
State-registered IARs (5.B.3)2 as of May 22, 2026
Mar 22, 20120 then
Employees (5.A)10 as of May 22, 2026
Mar 27, 20137 then
Private funds1 as of May 22, 2026
Mar 22, 20121 then
RAUM +8.2% over the last fiscal year+10% a year over threeIARs 2 to 2
Practice profile
derived from the filing of May 22, 2026; every figure names its basis
Archetypes, each a printed rule
- RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $139MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 60derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.9MderivedHNW RAUM over HNW clients
- Average account
- $1.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.3derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +8.2%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -1.1%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- $1.8M, 3 clientsreportedItem 9.A
- Ownership
- controlled by a public reporting companyderived
- 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)
- has custody of client securities (9.A.1.b)
- controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$365M88%
- Individuals$32.3M7.8%
- Pooled investment vehicles$19.2M4.6%
- Individual clients
- 87reported
- HNW clients
- 93reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 388reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- $1.8M for 3 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.95 fund_share=0.05 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Timothy Bard Johnson | Chicago, Il | May 12, 1998 | 43 y | 0 |
| Michael Young DemarayChartered Financial Analyst | Chicago, Il | Jul 28, 2020 | 21 y | 0 |
| Wendi K SvitakCertified Financial Planner | Chicago, Il | Sep 15, 2026 | 10 y | 2 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Elinor Gardner Escamilla to William Blair & Company L.L.C.Jul 5, 2019 · RIA to affiliated broker-dealer or bank
Joined, latest
- Wendi K Svitak from Leelyn Smith, LLCSep 15, 2026 · RIA to RIA
Private funds
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Bard Micro-Cap Value Fund, L.P. | Hedge Fund | $13.2M | 77 | Mar 22, 2012 |
Owners and control persons
Schedule A and B, latest filing
- Young Michael Demaray · President And Chief Compliance Officercontrolsince 01/2024 · owns 50% to 75%
- Bard Timothy Johnson · Foundercontrolsince 11/1982 · owns 25% to 50%
- Bard Alexis Johnson · Shareholdersince 01/2018 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Chicago, Il · principal | 3 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Advisory employees · 5 to 4Jan 30, 2026 to Mar 13, 2026
- HNW clients · 98 to 93Jan 30, 2026 to Mar 13, 2026
- Individual clients · 84 to 87Jan 30, 2026 to Mar 13, 2026
- Assets in custody · $3.7M to $1.8MJan 30, 2026 to Mar 13, 2026
- Discretionary RAUM · $385M to $416MJan 30, 2026 to Mar 13, 2026
- HNW RAUM · $339M to $365MJan 30, 2026 to Mar 13, 2026
- Individual RAUM · $30.4M to $32.3MJan 30, 2026 to Mar 13, 2026
- Pooled vehicle RAUM · $15.6M to $19.2MJan 30, 2026 to Mar 13, 2026
- RAUM · $385M to $416MJan 30, 2026 to Mar 13, 2026
- Accounts · 383 to 388Mar 12, 2024 to Mar 24, 2025
- Advisory employees · 6 to 5Mar 12, 2024 to Mar 24, 2025
- HNW clients · 90 to 98Mar 12, 2024 to Mar 24, 2025
- Individual clients · 89 to 84Mar 12, 2024 to Mar 24, 2025
- Assets in custody · $13.2M to $3.7MMar 12, 2024 to Mar 24, 2025
- Employees · 9 to 10Mar 12, 2024 to Mar 24, 2025
- Financial planning clients · 1-10 to 1-10Mar 12, 2024 to Mar 24, 2025
- Discretionary RAUM · $337M to $385MMar 12, 2024 to Mar 24, 2025
- HNW RAUM · $296M to $339MMar 12, 2024 to Mar 24, 2025
- Individual RAUM · $28.2M to $30.4MMar 12, 2024 to Mar 24, 2025
- Pooled vehicle RAUM · $13.2M to $15.6MMar 12, 2024 to Mar 24, 2025
- RAUM · $337M to $385MMar 12, 2024 to Mar 24, 2025
- Accounts · 382 to 383Mar 24, 2023 to Mar 12, 2024
- HNW clients · 85 to 90Mar 24, 2023 to Mar 12, 2024
- Individual clients · 94 to 89Mar 24, 2023 to Mar 12, 2024
- Assets in custody · $12.0M to $13.2MMar 24, 2023 to Mar 12, 2024
- Discretionary RAUM · $310M to $337MMar 24, 2023 to Mar 12, 2024
- HNW RAUM · $268M to $296MMar 24, 2023 to Mar 12, 2024
- Individual RAUM · $29.4M to $28.2MMar 24, 2023 to Mar 12, 2024
- Pooled vehicle RAUM · $12.0M to $13.2MMar 24, 2023 to Mar 12, 2024
- RAUM · $310M to $337MMar 24, 2023 to Mar 12, 2024
- Accounts · 177 to 382Mar 29, 2022 to Mar 24, 2023
- Advisory activities · 2 to 3Mar 29, 2022 to Mar 24, 2023
- Corporate clients · 0.0 to unsetMar 29, 2022 to Mar 24, 2023
- HNW clients · 86 to 85Mar 29, 2022 to Mar 24, 2023
- Individual clients · 88 to 94Mar 29, 2022 to Mar 24, 2023
- Assets in custody · $17.9M to $12.0MMar 29, 2022 to Mar 24, 2023
- Financial planning clients · unset to 1-10Mar 29, 2022 to Mar 24, 2023
- Discretionary RAUM · $378M to $310MMar 29, 2022 to Mar 24, 2023
- HNW RAUM · $325M to $268MMar 29, 2022 to Mar 24, 2023
- Individual RAUM · $35.0M to $29.4MMar 29, 2022 to Mar 24, 2023
Signals
No event on the tape.
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@bardassociatesinc.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 312-782-9600reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/bard-associates-inc.reportedpublic record, Form ADV, Sep 17, 2026
- Website
- bardassociatesinc.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 312-782-9600reportedpublic record, Form ADV, May 22, 2026
- Contact form
- bardassociatesinc.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- bardassociatesinc.com/our-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
- $208Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026