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
Scott & Selber, Inc. Capital Management
Latest filing Mar 28, 2026
First filing on the tape Jan 5, 2012 · 26 filings
SEC status approved since Dec 4, 1986
RAUM
$638M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
73%
$463M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$319M
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$638M as of Mar 28, 2026
Jan 5, 2012$253M then
HNW client RAUM$445M as of Mar 28, 2026
Jan 31, 2018$253M then
State-registered IARs (5.B.3)2 as of Mar 28, 2026
Jan 5, 20120 then
Employees (5.A)4 as of Mar 28, 2026
Feb 4, 20132 then
Private funds: no history
RAUM +12% over the last fiscal year+12% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 28, 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $319MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 51derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $6.4MderivedHNW RAUM over HNW clients
- Average account
- $2.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 99%derivedof RAUM
- Institutional
- 26%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +12%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -65%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$445M70%
- Charitable organizations$167M26%
- Individuals$17.7M2.8%
- Corporations and businesses$8.0M1.3%
- Individual clients
- 31reported
- HNW clients
- 70reported
- Pension plan clients
- n/areported
- Charitable clients
- 7reported
- Accounts
- 300reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.73 fund_share=0.0 institutional_share=0.26 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Christopher Tobin McmillinChartered Financial Analyst | Houston, Tx | Sep 3, 2009 | 23 y | 2 |
| Neeraj Shyam HingoraniCertified Financial Planner, Chartered Financial Analyst | Houston, Tx | Mar 6, 2025 | 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
- Christopher Tobin Mcmillin to Caz Investments L.P.Apr 16, 2008 · Other
Joined, latest
- Christopher Tobin Mcmillin from Caz Investments L.P.Sep 3, 2009 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Tobin Christopher Mcmillin · President/Chief Compliance Officercontrolsince 10/2021 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Houston, Tx · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- clients down average size upCombination · filing Mar 28, 2026private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $569,453,208 to $637,892,240, advisors 2 to 2, private clients 285 to 101, offices 0 to 0 (2025-03-24 to 2026-03-28)peers: independent wealth managers, $500M to $1B (1,483)
- client count collapseChange between filings · filing Mar 28, 2026individual and HNW clients (Item 5.D) moved from 285.0 to 101.0 (-65.0%) between the annual amendments of 2025-03-24 and 2026-03-28; the peer median change was +5.0% (1216 comparable advisers, 1.0th percentile of changes)peers: independent wealth managers, $500M to $1B (1,216) · 0.8% percentile
What changed
consecutive filings, newest first
- Accounts · 317 to 300Mar 24, 2025 to Mar 28, 2026
- Charity clients · 26 to 7Mar 24, 2025 to Mar 28, 2026
- Corporate clients · 5 to 1Mar 24, 2025 to Mar 28, 2026
- HNW clients · 175 to 70Mar 24, 2025 to Mar 28, 2026
- Individual clients · 110 to 31Mar 24, 2025 to Mar 28, 2026
- Pension plan clients · 1.0 to unsetMar 24, 2025 to Mar 28, 2026
- Discretionary RAUM · $566M to $634MMar 24, 2025 to Mar 28, 2026
- HNW RAUM · $359M to $445MMar 24, 2025 to Mar 28, 2026
- Individual RAUM · $44.6M to $17.7MMar 24, 2025 to Mar 28, 2026
- Non-discretionary RAUM · $3.3M to $3.6MMar 24, 2025 to Mar 28, 2026
- Pension RAUM · 6444142.0 to unsetMar 24, 2025 to Mar 28, 2026
- RAUM · $569M to $638MMar 24, 2025 to Mar 28, 2026
- Accounts · 320 to 317Apr 25, 2024 to Mar 24, 2025
- Charity clients · 25 to 26Apr 25, 2024 to Mar 24, 2025
- HNW clients · 184 to 175Apr 25, 2024 to Mar 24, 2025
- Individual clients · 100 to 110Apr 25, 2024 to Mar 24, 2025
- Employees · 3 to 4Apr 25, 2024 to Mar 24, 2025
- Financial planning clients · 0 to 0Apr 25, 2024 to Mar 24, 2025
- Discretionary RAUM · $498M to $566MApr 25, 2024 to Mar 24, 2025
- HNW RAUM · $316M to $359MApr 25, 2024 to Mar 24, 2025
- Individual RAUM · $45.5M to $44.6MApr 25, 2024 to Mar 24, 2025
- Non-discretionary RAUM · $15.5M to $3.3MApr 25, 2024 to Mar 24, 2025
- Pension RAUM · $10.1M to $6.4MApr 25, 2024 to Mar 24, 2025
- RAUM · $514M to $569MApr 25, 2024 to Mar 24, 2025
- Accounts · 315 to 320Mar 27, 2023 to Mar 15, 2024
- Discretionary RAUM · $438M to $498MMar 27, 2023 to Mar 15, 2024
- HNW RAUM · $279M to $316MMar 27, 2023 to Mar 15, 2024
- Individual RAUM · $38.5M to $45.5MMar 27, 2023 to Mar 15, 2024
- Non-discretionary RAUM · $14.0M to $15.5MMar 27, 2023 to Mar 15, 2024
- Pension RAUM · $6.3M to $10.1MMar 27, 2023 to Mar 15, 2024
- RAUM · $452M to $514MMar 27, 2023 to Mar 15, 2024
- Accounts · 325 to 315Apr 14, 2022 to Mar 27, 2023
- Charity clients · 24 to 25Apr 14, 2022 to Mar 27, 2023
- HNW clients · 190 to 184Apr 14, 2022 to Mar 27, 2023
- Individual clients · 105 to 100Apr 14, 2022 to Mar 27, 2023
- Discretionary RAUM · $513M to $438MApr 14, 2022 to Mar 27, 2023
- HNW RAUM · $334M to $279MApr 14, 2022 to Mar 27, 2023
- Individual RAUM · $40.1M to $38.5MApr 14, 2022 to Mar 27, 2023
- Non-discretionary RAUM · $10.7M to $14.0MApr 14, 2022 to Mar 27, 2023
- Pension RAUM · $8.6M to $6.3MApr 14, 2022 to Mar 27, 2023
Signals
1 dated events
- Ira Jack Selber (President/Secretary/Treasurer) no longer on Schedule A of Scott & Selber, Inc. Capital Management (listed 2021-06-30, absent 2021-10-15)Oct 15, 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
- Principal office phone
- 713-850-1717reportedpublic record, Form ADV, Mar 28, 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
- $319Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026