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.
SEC-registered adviser
B••••• C•••••• M••••••••• I••
Latest filing Mar 30, 2026
First filing on the tape Mar 28, 2012 · 20 filings
SEC status approved since Jun 11, 1979
RAUM
$4.2B
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$1.4B
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$4.2B as of Mar 30, 2026
Mar 28, 2012$823M then
HNW client RAUM$0 as of Mar 30, 2026
Apr 2, 2018$0 then
State-registered IARs (5.B.3)3 as of Mar 30, 2026
Mar 28, 20120 then
Employees (5.A)3 as of Mar 30, 2026
Mar 26, 20134 then
Private funds: no history
RAUM +41% over the last fiscal year+33% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
- Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
- RAUM per advisor
- $1.4BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $323MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 0.0%derivedof RAUM
- Institutional
- 82%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +41%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, otherreportedItem 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
- receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Charitable organizations$3.4B82%
- Banks and thrifts$757M18%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 1reported
- Accounts
- 13reported
- Financial planning clients
- 11-25reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.0 fund_share=0.0 institutional_share=0.82 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 |
|---|---|---|---|---|
| G••• L•• B••••• | Indianapolis, In | Dec 21, 1998 | 47 y | 0 |
| D•••• C•••• S•••• | Indianapolis, In | Feb 15, 2013 | 14 y | 0 |
| D•••• A•••• G••• | Indianapolis, In | Apr 7, 2015 | 12 y | 0 |
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
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- B•••••• G•••• L•• · Chief Economist/Director/Secretary-Treasurercontrolsince 01/2014 · owns less than 5%
- S••••• D••••• C•••• · President/Director/Chief Compliance Officercontrolsince 01/2014 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Indianapolis, In · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- low discretionary shareStatic outlier · filing Mar 30, 2026discretionary share of RAUM of 0% against a peer median of 99% (121 comparable advisers, 0.0th percentile, 33.5 robust deviations)peers: institutional managers, $1B to $5B (121) · 0.0% percentile
What changed
consecutive filings, newest first
- Non-discretionary RAUM · $3.0B to $4.2BMar 29, 2025 to Mar 30, 2026
- RAUM · $3.0B to $4.2BMar 29, 2025 to Mar 30, 2026
- Accounts · 15 to 13Mar 28, 2024 to Mar 29, 2025
- Financial planning clients · 11-25 to 11-25Mar 28, 2024 to Mar 29, 2025
- Non-discretionary RAUM · $2.3B to $3.0BMar 28, 2024 to Mar 29, 2025
- RAUM · $2.3B to $3.0BMar 28, 2024 to Mar 29, 2025
- Accounts · 14 to 15Mar 22, 2023 to Mar 28, 2024
- Non-discretionary RAUM · $1.8B to $2.3BMar 22, 2023 to Mar 28, 2024
- RAUM · $1.8B to $2.3BMar 22, 2023 to Mar 28, 2024
- Accounts · 12 to 14Mar 23, 2022 to Mar 22, 2023
- Non-discretionary RAUM · $1.7B to $1.8BMar 23, 2022 to Mar 22, 2023
- RAUM · $1.7B to $1.8BMar 23, 2022 to Mar 22, 2023
- Non-discretionary RAUM · $989M to $1.7BMar 22, 2021 to Mar 23, 2022
- RAUM · $989M to $1.7BMar 22, 2021 to Mar 23, 2022
- Accounts · 14 to 12Apr 24, 2020 to Mar 22, 2021
- Financial planning clients · unset to 11-25Apr 24, 2020 to Mar 22, 2021
- Non-discretionary RAUM · $935M to $989MApr 24, 2020 to Mar 22, 2021
- RAUM · $935M to $989MApr 24, 2020 to Mar 22, 2021
- Advisory activities · 1 to 2Mar 27, 2019 to Apr 24, 2020
- Financial planning clients · 11-25 to unsetMar 27, 2019 to Apr 24, 2020
- Non-discretionary RAUM · $704M to $935MMar 27, 2019 to Apr 24, 2020
- RAUM · $704M to $935MMar 27, 2019 to Apr 24, 2020
- Accounts · 15 to 14Apr 2, 2018 to Mar 27, 2019
- Employees · 4 to 3Apr 2, 2018 to Mar 27, 2019
- Non-discretionary RAUM · $508M to $704MApr 2, 2018 to Mar 27, 2019
- RAUM · $508M to $704MApr 2, 2018 to Mar 27, 2019
- Accounts · 13 to 15Mar 16, 2017 to Apr 2, 2018
- Charity clients · unset to 1.0Mar 16, 2017 to Apr 2, 2018
- Corporate clients · unset to 0.0Mar 16, 2017 to Apr 2, 2018
- HNW clients · unset to 0.0Mar 16, 2017 to Apr 2, 2018
- Individual clients · unset to 0.0Mar 16, 2017 to Apr 2, 2018
- Pension plan clients · unset to 0.0Mar 16, 2017 to Apr 2, 2018
- Pooled vehicle clients · unset to 0.0Mar 16, 2017 to Apr 2, 2018
- Employees · 3 to 4Mar 16, 2017 to Apr 2, 2018
- Financial planning clients · unset to 11-25Mar 16, 2017 to Apr 2, 2018
- Other offices · unset to 0.0Mar 16, 2017 to Apr 2, 2018
- HNW RAUM · unset to 0.0Mar 16, 2017 to Apr 2, 2018
- Individual RAUM · unset to 0.0Mar 16, 2017 to Apr 2, 2018
- Non-discretionary RAUM · $455M to $508MMar 16, 2017 to Apr 2, 2018
- Pension RAUM · unset to 0.0Mar 16, 2017 to Apr 2, 2018
Signals
6 dated events
- B••••• C•••••• M••••••••• I•• reported RAUM $4.2B, up 41% from $3.0B (2025-03-29 to 2026-03-30)Mar 30, 2026 · RAUM change · derived
- B••••• C•••••• M••••••••• I•• reported RAUM $3.0B, up 27% from $2.3B (2024-03-28 to 2025-03-29)Mar 29, 2025 · RAUM change · derived
- B••••• C•••••• M••••••••• I•• reported RAUM $2.3B, up 31% from $1.8B (2023-03-22 to 2024-03-28)Mar 28, 2024 · RAUM change · derived
- B••••• C•••••• M••••••••• I•• reported RAUM $1.7B, up 74% from $989.0M (2021-03-22 to 2022-03-23)Mar 23, 2022 · RAUM change · derived
- B••••• C•••••• M••••••••• I•• reported RAUM $934.7M, up 33% from $704.4M (2019-03-27 to 2020-04-24)Apr 24, 2020 · RAUM change · derived
- B••••• C•••••• M••••••••• I•• reported RAUM $704.4M, up 39% from $507.8M (2018-04-02 to 2019-03-27)Mar 27, 2019 · 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.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/baxter-capital-managementreportedpublic record, Form ADV, Sep 18, 2026
- Website
- B•••••CAPITALMANAGEMENT.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 317-706-0041reportedpublic record, Form ADV, Mar 30, 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
- Institutional managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $1.4Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026