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
Potomac
Legal name Potomac Fund Management Inc
Latest filing May 27, 2026
First filing on the tape Dec 22, 2011 · 60 filings
SEC status approved since Feb 4, 1988
RAUM
$3.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
5.4%
$177M individuals and HNW
Advisors
24
registered through the firm on IAPD
RAUM per advisor
$137M
derived; firm RAUM over IAPD count
Employees
36
27 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
60 filings and snapshots on the tape
RAUM$3.3B as of May 27, 2026
Mar 29, 2012$162M then
HNW client RAUM$88.9M as of May 27, 2026
Feb 15, 2018$17.2M then
State-registered IARs (5.B.3)19 as of May 27, 2026
Apr 1, 20133 then
Employees (5.A)36 as of May 27, 2026
Apr 1, 20137 then
Private funds: no history
RAUM +76% over the last fiscal year+76% a year over threeIARs 19 to 19
Practice profile
derived from the filing of May 27, 2026; every figure names its basis
- RAUM per advisor
- $137MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 52derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $741,174derivedHNW RAUM over HNW clients
- Average account
- $1.4MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 24.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +76%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -10%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$3.1B95%
- High-net-worth individuals$88.9M2.7%
- Individuals$88.0M2.7%
- Individual clients
- 1,137reported
- HNW clients
- 120reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 2,385reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.05 fund_share=0.95 institutional_share=0.0 related_bd=false related_bank=false bd_reps=9.0derived
Advisors registered through the firm
24 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Manish Kumar Khatta | Bethesda, Md | Jul 26, 2002 | 24 y | 0 |
| Jennifer Gilliece Burton | Berlin, Md | Feb 9, 2018 | 19 y | 0 |
| Kaitlyn Marie Humphries | Centreville, Md | Aug 16, 2018 | 10 y | 0 |
| Daniel Joseph Russo | Bethesda, Md | Jul 23, 2021 | 18 y | 0 |
| Michael Walton Rogers | Bethesda, Md | Nov 7, 2022 | 18 y | 8 |
| Mark A Ruhe | Avon, Oh | Aug 23, 2023 | 28 y | 5 |
| Anthony Joel Gonzales | Austin, Tx | Jun 28, 2024 | 26 y | 7 |
| Bally Idrissa Diakite | Bethesda, Md | Dec 3, 2024 | 10 y | 1 |
| Ravneet Singh Chadha | Bethesda, Md | May 7, 2025 | 11 y | 4 |
| Bradley Justin Whittaker | Bethesda, Md | Jun 30, 2025 | 13 y | 0 |
| Robert Petrosyan | Garden Grove, Ca | Aug 21, 2025 | 13 y | 4 |
| Harold Wayne Clemons | Bethesda, Md | Aug 26, 2025 | 41 y | 5 |
| Gregory Ronald Levesque | Bethesda, Md | Sep 6, 2025 | 12 y | 0 |
| Michael D Heavey | Bethesda, Md | Oct 22, 2025 | 22 y | 4 |
| John William Woodside Wiegmann | Bethesda, Md | Dec 15, 2025 | 10 y | 3 |
| Holt Patrick Fogarty | Victoria, Mn | Dec 19, 2025 | 22 y | 3 |
| Jeffrey Scott Goodnow | Hot Springs Village, Ar | Dec 23, 2025 | 28 y | 1 |
| Steven Erwin Flewelling | Cle Elum, Wa | Apr 1, 2026 | 33 y | 6 |
| Andrew Paul Gaebel | Phoenixville, Pa | Apr 1, 2026 | 16 y | 1 |
| Caroline Fauquier | Bethesda, Md | May 14, 2026 | 13 y | 1 |
| Massimo Conti | Bethesda, Md | Jun 25, 2026 | 12 y | 0 |
| Vincent Girard Perfetto | Bethesda, Md | Jul 23, 2026 | 10 y | 1 |
| James A Bell | Bethesda, Md | Jul 23, 2026 | 12 y | 1 |
| Heath PalosChartered Financial Analyst | Bethesda, Md | Sep 2, 2026 | 10 y | 1 |
Advisor movement
2 left, 10 joined in 12 months
net +8 in 12 months0 left in 90 days3 joined in 90 daysdeparture rate 8.3% of current headcount14 left over 36 months
Left, latest
- Michael Mogavero to Main Management, LLCJan 21, 2026 · Other
- Jonathon Tyler Lovingood to Shell Capital Management, LLCNov 3, 2025 · Other
- Chad Alan Thomas-Killam to LPL Financial LLCAug 22, 2025 · Other
- John Charles Saunders to Frontier Asset Management, LLCAug 6, 2025 · Other
- Brian Garrette to Equitable Advisors, LLCJul 7, 2025 · Other
- Chase David Smith to Main Management, LLCJul 2, 2025 · Other
- Jon Ferraiolo to Hartford FundsMay 23, 2025 · Other
- Jonathan Forbes Fecko to Frontier Asset Management, LLCFeb 27, 2025 · Other
- Linwood Reynolds to Cetera Investment Advisers LLCJan 2, 2025 · Other
- Colette L Beaumont to Equitable Advisors, LLCDec 20, 2024 · Other
- Philip Jason Buffery to Alpha Vee AdvisorsMar 6, 2024 · Other
- Gary Shilman to Edward JonesFeb 12, 2024 · Other
- Michael John Sciulli to Mtc Wealth ManagementJan 22, 2024 · Other
- Shelly Lynn Brockman to Asset Management GroupDec 1, 2023 · Other
- Scott Matthew Friel to Securities America Advisors, Inc.Jan 15, 2021 · Other
Joined, latest
- Heath Palos from EthicSep 2, 2026 · Other
- Vincent Girard Perfetto from LPL Financial LLCJul 23, 2026 · Other
- James A Bell from Florida Financial Advisors, LLCJul 23, 2026 · Other
- Caroline Fauquier from Janney Montgomery Scott LLCMay 14, 2026 · Other
- Steven Erwin Flewelling from Cumberland AdvisorsApr 1, 2026 · Other
- Andrew Paul Gaebel from Neuberger Berman Bd LLCApr 1, 2026 · Other
- Jeffrey Scott Goodnow from Vsr Advisory ServicesDec 23, 2025 · Other
- Holt Patrick Fogarty from Sei Investments Management CorpDec 19, 2025 · Other
- John William Woodside Wiegmann from Woodside Investment Counsel LLCDec 15, 2025 · Other
- Michael D Heavey from Cambridge Investment Research Advisors, Inc.Oct 22, 2025 · Other
- Harold Wayne Clemons from Toews Asset ManagementAug 26, 2025 · Other
- Robert Petrosyan from Sierra Investment Management, LLCAug 21, 2025 · Other
- Ravneet Singh Chadha from Empower Advisory Group, LLCMay 7, 2025 · Other
- Chad Alan Thomas-Killam from Northwestern Mutual Investment Services,LLCMar 5, 2025 · Other
- Brian Garrette from Charles Schwab & Co., Inc.Jan 6, 2025 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Gilliece Jennifer Burton · Chief Operating Officercontrolsince 10/2021 · owns less than 5%
- Scott Jeffrey Goodnow · Chief Growth Officercontrolsince 01/2017 · owns 10% to 25%
- Kumar Manish Khatta · President, Chief Executive Officer, Secretarycontrolsince 01/2013 · owns 75% or more
- Robert Christopher Norton · Chief Marketing Officercontrolsince 10/2021 · owns less than 5%
- Tyler Justin Long · Chief Compliance Officersince 05/2024 · owns less than 5%
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 |
|---|---|---|---|---|---|
| Bethesda, Md · principal | 24 | 11 | 1 | ||
| Roswell, Ga | 0 | 0 | 0 | ||
| Cumming, Ga | 0 | 0 | 0 | ||
| Grand Rapids, Mi | 0 | 0 | 0 | ||
| Athens, Ga | 0 | 0 | 1 | ||
| Natick, Ma | 0 | 0 | 0 | ||
| Pittsburgh, Pa | 0 | 0 | 0 | ||
| Littleton, Co | 0 | 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
- RAUM up 50 %Change between filings · filing Mar 31, 2026RAUM (Item 5.F) moved from $1,857,697,763 to $3,277,115,272 (+76.0%) between the annual amendments of 2025-03-24 and 2026-03-31; the peer median change was +11.0% (1368 comparable advisers, 91.0th percentile of changes)peers: asset managers, $1B to $5B (1,368) · 91% percentile
What changed
consecutive filings, newest first
- Accounts · 2,573 to 2,385Dec 23, 2025 to Mar 31, 2026
- Advisory employees · 25 to 27Dec 23, 2025 to Mar 31, 2026
- BD registered reps · 7 to 9Dec 23, 2025 to Mar 31, 2026
- HNW clients · 113 to 120Dec 23, 2025 to Mar 31, 2026
- Individual clients · 1,250 to 1,137Dec 23, 2025 to Mar 31, 2026
- Employees · 33 to 36Dec 23, 2025 to Mar 31, 2026
- State-registered IARs · 20 to 19Dec 23, 2025 to Mar 31, 2026
- Discretionary RAUM · $2.4B to $3.3BDec 23, 2025 to Mar 31, 2026
- HNW RAUM · $72.0M to $88.9MDec 23, 2025 to Mar 31, 2026
- Individual RAUM · $83.5M to $88.0MDec 23, 2025 to Mar 31, 2026
- RAUM · $2.4B to $3.3BDec 23, 2025 to Mar 31, 2026
- Accounts · 2,555 to 2,573Mar 24, 2025 to Jul 30, 2025
- Advisory employees · 24 to 25Mar 24, 2025 to Jul 30, 2025
- BD registered reps · 0 to 7Mar 24, 2025 to Jul 30, 2025
- Business name · POTOMAC FUND MANAGEMENT to POTOMACMar 24, 2025 to Jul 30, 2025
- HNW clients · 115 to 113Mar 24, 2025 to Jul 30, 2025
- Individual clients · 1,289 to 1,250Mar 24, 2025 to Jul 30, 2025
- Employees · 27 to 33Mar 24, 2025 to Jul 30, 2025
- Financial planning clients · unset to Mar 24, 2025 to Jul 30, 2025
- HQ city · MIAMI to BETHESDAMar 24, 2025 to Jul 30, 2025
- HQ state · FL to MDMar 24, 2025 to Jul 30, 2025
- State-registered IARs · 19 to 20Mar 24, 2025 to Jul 30, 2025
- Discretionary RAUM · $1.9B to $2.4BMar 24, 2025 to Jul 30, 2025
- HNW RAUM · $68.9M to $72.0MMar 24, 2025 to Jul 30, 2025
- Individual RAUM · $81.6M to $83.5MMar 24, 2025 to Jul 30, 2025
- RAUM · $1.9B to $2.4BMar 24, 2025 to Jul 30, 2025
- Accounts · 2,289 to 2,555Oct 9, 2024 to Mar 24, 2025
- Advisory activities · 3 to 2Oct 9, 2024 to Mar 24, 2025
- Corporate clients · 1.0 to unsetOct 9, 2024 to Mar 24, 2025
- HNW clients · 48 to 115Oct 9, 2024 to Mar 24, 2025
- Individual clients · 1,305 to 1,289Oct 9, 2024 to Mar 24, 2025
- Employees · 24 to 27Oct 9, 2024 to Mar 24, 2025
- Discretionary RAUM · $1.4B to $1.9BOct 9, 2024 to Mar 24, 2025
- HNW RAUM · $27.5M to $68.9MOct 9, 2024 to Mar 24, 2025
- Individual RAUM · $95.6M to $81.6MOct 9, 2024 to Mar 24, 2025
- RAUM · $1.4B to $1.9BOct 9, 2024 to Mar 24, 2025
- Accounts · 2,369 to 2,289Nov 1, 2023 to Feb 1, 2024
- Advisory employees · 17 to 24Nov 1, 2023 to Feb 1, 2024
- HNW clients · 47 to 48Nov 1, 2023 to Feb 1, 2024
- Individual clients · 1,326 to 1,305Nov 1, 2023 to Feb 1, 2024
Signals
26 dated events
- Potomac reported RAUM $3.3B, up 36% from $2.4B (2025-12-23 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- Michael Mogavero left Potomac for Main Management, Llc (registered 2026-02-04)Jan 21, 2026 · Advisor changed firm · fact
- Jonathon Tyler Lovingood left Potomac for Shell Capital Management, Llc (registered 2025-12-10)Nov 3, 2025 · Advisor changed firm · fact
- Chad Alan Thomas-Killam left Potomac for Lpl Financial Llc (registered 2026-06-22)Aug 22, 2025 · Advisor changed firm · fact
- Potomac reported RAUM $2.4B, up 30% from $1.9B (2025-03-24 to 2025-07-30)Jul 30, 2025 · RAUM change · derived
- Brian Garrette left Potomac for Equitable Advisors, Llc (registered 2025-07-21)Jul 7, 2025 · Advisor changed firm · fact
- Chase David Smith left Potomac for Main Management, Llc (registered 2025-08-01)Jul 2, 2025 · Advisor changed firm · fact
- Jon Ferraiolo left Potomac for Hartford Funds (registered 2025-06-10)May 23, 2025 · Advisor changed firm · fact
- Potomac reported RAUM $1.9B, up 33% from $1.4B (2024-10-09 to 2025-03-24)Mar 24, 2025 · RAUM change · derived
- Jonathan Forbes Fecko left Potomac for Frontier Asset Management, Llc (registered 2025-03-16)Feb 27, 2025 · Advisor changed firm · fact
- Linwood Reynolds left Potomac for Cetera Investment Advisers Llc (registered 2025-05-30)Jan 2, 2025 · Advisor changed firm · fact
- Colette L Beaumont left Potomac for Equitable Advisors, Llc (registered 2026-01-02)Dec 20, 2024 · Advisor changed firm · fact
- Perdue Alisha Dowell (Chief Compliance Officer) no longer on Schedule A of Potomac (listed 2024-02-01, absent 2024-05-21)May 21, 2024 · Control person left · inference
- Philip Jason Buffery left Potomac for Alpha Vee Advisors (registered 2024-10-10)Mar 6, 2024 · Advisor changed firm · fact
- Gary Shilman left Potomac for Edward Jones (registered 2024-11-12)Feb 12, 2024 · Advisor changed firm · fact
- Potomac reported RAUM $1.4B, up 32% from $1.1B (2023-11-01 to 2024-02-01)Feb 1, 2024 · RAUM change · derived
- Perdue Alisha Dowell (Chief Compliance Officer) appeared on Schedule A of PotomacFeb 1, 2024 · Control person joined · fact
- Michael John Sciulli left Potomac for Mtc Wealth Management (registered 2025-02-21)Jan 22, 2024 · Advisor changed firm · fact
- Shelly Lynn Brockman left Potomac for Asset Management Group (registered 2024-01-09)Dec 1, 2023 · Advisor changed firm · fact
- Potomac reported RAUM $1.1B, up 76% from $599.6M (2023-03-15 to 2023-07-12)Jul 12, 2023 · RAUM change · derived
- Potomac reported RAUM $599.6M, up 70% from $353.1M (2022-11-07 to 2023-03-07)Mar 7, 2023 · RAUM change · derived
- Tyler Justin Long (Chief Compliance Officer) appeared on Schedule A of PotomacMar 7, 2023 · Control person joined · fact
- Gilliece Jennifer Burton (Chief Operating Officer) appeared on Schedule A of PotomacMar 7, 2023 · Control person joined · fact
- Robert Christopher Norton (Chief Marketing Officer) appeared on Schedule A of PotomacMar 7, 2023 · Control person joined · fact
- Paige Khatta (Secretary) no longer on Schedule A of Potomac (listed 2022-11-07, absent 2023-03-07)Mar 7, 2023 · Control person left · inference
- Terese Ann Zemann (Chief Compliance Officer) no longer on Schedule A of Potomac (listed 2020-06-30, absent 2020-10-01)Oct 1, 2020 · 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
- Firm profile
- LINKEDIN.COM/COMPANY/POTOMACOFFICIALreportedpublic record, Form ADV, Sep 17, 2026
- Website
- POTOMAC.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (301) 901-3466reportedpublic record, Form ADV, May 27, 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- $137Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026