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

Pvg Asset Management Corp

Wealth manager with institutional or fund businessCentennial, ColoradoCRD 105541SEC 801-30581websiteIAPD
Latest filing Aug 4, 2026
First filing on the tape Mar 26, 2012 · 39 filings
SEC status approved since Oct 23, 1987
RAUM
$625M
reported, Item 5.F
Discretionary
82%
of RAUM
Private clients
29%
$184M individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$69.4M
derived; firm RAUM over IAPD count
Employees
9
6 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
39 filings and snapshots on the tape
RAUM$625M as of Aug 4, 2026
Mar 26, 2012$221M then
HNW client RAUM$129M as of Aug 4, 2026
Mar 30, 2018$72.9M then
State-registered IARs (5.B.3)6 as of Aug 4, 2026
Apr 1, 20130 then
Employees (5.A)9 as of Aug 4, 2026
Apr 1, 20138 then
Private funds1 as of Jan 24, 2017
Mar 26, 20121 then
RAUM +1.1% over the last fiscal year+21% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Aug 4, 2026; every figure names its basis
Archetypes, each a printed rule
RAUM per advisor
$69.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
25derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.9MderivedHNW RAUM over HNW clients
Average account
$837,682derivedRAUM over accounts (5.F.2.f)
Discretionary
82%derivedof RAUM
Institutional
1.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.3derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+1.1%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-89%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for pooled vehiclesreportedItem 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)
  • 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
  • Other investment advisers$428M68%
  • High-net-worth individuals$129M21%
  • Individuals$55.5M8.9%
  • Charitable organizations$8.6M1.4%
  • Pension and profit-sharing plans$2.9M0.5%
  • Corporations and businesses$569,5010.1%
  • State and municipal entities$514,1930.1%
Individual clients
177reported
HNW clients
45reported
Pension plan clients
4reported
Charitable clients
2reported
Accounts
746reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.29 fund_share=0.68 institutional_share=0.02 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Patrick S AdamsCentennial, CoJun 18, 201026 y1
Santiago Jose ArbelaezMiami, Fl Oct 3, 202413 y4
Donald Melvin BensonCertified Financial PlannerCentennial, Co Nov 5, 202428 y2
Bruce Cameron AmmanCentennial, CoJan 2, 202535 y4
Joseph Nicholas PecoraroChartered Financial AnalystCentennial, CoJan 5, 202538 y2
Gregory Cornell BowdenHouston, Tx Jan 8, 202510 y2
Zolly Cornell BowdenCentennial, Co Mar 31, 202636 y3
Todd Allen HendrexCentennial, Co Apr 28, 202639 y0
Eric Steven TeslerFishers, In May 6, 202631 y8
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    1 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    Pvg Investment Company LLCno longer reportedHedge Fund$2.0M4Mar 26, 2012
    Owners and control persons
    Schedule A and B, latest filing
    • S Patrick Adams · Ceo/Ccocontrol
      since 06/2024 · 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
    OfficeAdvisorsJoinedLeftTeams outForming
    Centennial, Co · principal930
    Houston, Tx210
    Jupiter, Fl000
    Offices
    Schedule D 1.F, the 25 largest
    • Cocoa Beach, FL1 employees
    • Oneonta, NY1 employees
    ADV anomalies
    5 against comparable advisers; where to look, not conclusions
    • wealth to institutional shiftCombination · filing Apr 23, 2026
      private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $617,865,000 to $624,910,848, advisors 6 to 6, private clients 1982 to 222, offices 3 to 3 (2025-03-20 to 2026-04-23)
      peers: independent wealth managers, $500M to $1B (1,482)
    • clients down average size upCombination · filing Apr 23, 2026
      private 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 $617,865,000 to $624,910,848, advisors 6 to 6, private clients 1982 to 222, offices 3 to 3 (2025-03-20 to 2026-04-23)
      peers: independent wealth managers, $500M to $1B (1,482)
    • institutional asset share shiftChange between filings · filing Apr 23, 2026
      institutional share of RAUM moved from 24.0% to 71.0% between the annual amendments of 2025-03-20 and 2026-04-23
      peers: independent wealth managers, $500M to $1B (1,482)
    • client mix shiftChange between filings · filing Apr 23, 2026
      private-client share of RAUM moved from 76.0% to 29.0% between the annual amendments of 2025-03-20 and 2026-04-23
      peers: independent wealth managers, $500M to $1B (1,482)
    • client count collapseChange between filings · filing Apr 23, 2026
      individual and HNW clients (Item 5.D) moved from 1,982.0 to 222.0 (-89.0%) between the annual amendments of 2025-03-20 and 2026-04-23; the peer median change was +5.0% (1216 comparable advisers, 0.0th percentile of changes)
      peers: independent wealth managers, $500M to $1B (1,216) · 0.1% percentile
    How anomalies are measured
    What changed
    consecutive filings, newest first
    • Accounts · 949 to 746
      Sep 4, 2025 to Mar 24, 2026
    • Advisory activities · 2 to 3
      Sep 4, 2025 to Mar 24, 2026
    • Charity clients · 0 to 2
      Sep 4, 2025 to Mar 24, 2026
    • Corporate clients · 0 to 5
      Sep 4, 2025 to Mar 24, 2026
    • HNW clients · 991 to 45
      Sep 4, 2025 to Mar 24, 2026
    • Individual clients · 991 to 177
      Sep 4, 2025 to Mar 24, 2026
    • Pension plan clients · 0 to 4
      Sep 4, 2025 to Mar 24, 2026
    • Insurance-licensed employees · 2 to 1
      Sep 4, 2025 to Mar 24, 2026
    • Financial planning clients · to 0
      Sep 4, 2025 to Mar 24, 2026
    • Discretionary RAUM · $468M to $513M
      Sep 4, 2025 to Mar 24, 2026
    • HNW RAUM · unset to 128848981.0
      Sep 4, 2025 to Mar 24, 2026
    • Individual RAUM · $468M to $55.5M
      Sep 4, 2025 to Mar 24, 2026
    • Non-discretionary RAUM · $150M to $112M
      Sep 4, 2025 to Mar 24, 2026
    • Pension RAUM · unset to 2943000.0
      Sep 4, 2025 to Mar 24, 2026
    • RAUM · $618M to $625M
      Sep 4, 2025 to Mar 24, 2026
    • Related adviser · false to true
      Mar 20, 2025 to Aug 22, 2025
    • Accounts · 422 to 949
      Oct 29, 2024 to Mar 20, 2025
    • Advisory employees · 3 to 6
      Oct 29, 2024 to Mar 20, 2025
    • BD registered reps · 0 to 1
      Oct 29, 2024 to Mar 20, 2025
    • HNW clients · 420 to 991
      Oct 29, 2024 to Mar 20, 2025
    • Individual clients · 420 to 991
      Oct 29, 2024 to Mar 20, 2025
    • Employees · 5 to 9
      Oct 29, 2024 to Mar 20, 2025
    • Insurance-licensed employees · 0 to 2
      Oct 29, 2024 to Mar 20, 2025
    • Financial planning clients · 0 to
      Oct 29, 2024 to Mar 20, 2025
    • HQ city · DENVER to CENTENNIAL
      Oct 29, 2024 to Mar 20, 2025
    • State-registered IARs · 0 to 6
      Oct 29, 2024 to Mar 20, 2025
    • Other offices · 2 to 3
      Oct 29, 2024 to Mar 20, 2025
    • Discretionary RAUM · $301M to $468M
      Oct 29, 2024 to Mar 20, 2025
    • Individual RAUM · $105M to $468M
      Oct 29, 2024 to Mar 20, 2025
    • Non-discretionary RAUM · $199M to $150M
      Oct 29, 2024 to Mar 20, 2025
    • RAUM · $500M to $618M
      Oct 29, 2024 to Mar 20, 2025
    • Other offices · 0 to 2
      Oct 7, 2024 to Oct 23, 2024
    • Accounts · 1,108 to 422
      Mar 17, 2023 to Mar 20, 2024
    • Advisory employees · 4 to 3
      Mar 17, 2023 to Mar 20, 2024
    • HNW clients · 119 to 420
      Mar 17, 2023 to Mar 20, 2024
    • Individual clients · 989 to 420
      Mar 17, 2023 to Mar 20, 2024
    • Pension plan clients · 4 to 0
      Mar 17, 2023 to Mar 20, 2024
    • Employees · 8 to 5
      Mar 17, 2023 to Mar 20, 2024
    • State-registered IARs · 4 to 0
      Mar 17, 2023 to Mar 20, 2024
    • Other offices · 4 to 0
      Mar 17, 2023 to Mar 20, 2024
    Signals
    10 dated events
    • 2 advisors left Sheets Smith Investment Management, LLC (Houston, TX) for Pvg Asset Management Corp on the same day
      Mar 31, 2026 · Team lift-out · derived
    • Brett Darren Frascati left Pvg Asset Management Corp for Personal Capital Advisors Corporation (registered 2016-10-19)
      Oct 22, 2024 · Advisor changed firm · fact
    • Nicholas Joseph Pecoraro (Cco) no longer on Schedule A of Pvg Asset Management Corp (listed 2024-03-20, absent 2024-06-26)
      Jun 26, 2024 · Control person left · inference
    • Pvg Asset Management Corp reported RAUM $500.4M, up 43% from $350.7M (2023-03-17 to 2024-03-20)
      Mar 20, 2024 · RAUM change · derived
    • Christopher Breland Kelly left Pvg Asset Management Corp for Sowell Management (registered 2023-07-13)
      Nov 3, 2023 · Advisor changed firm · fact
    • Paul Macnamara left Pvg Asset Management Corp for Redwood Financial Planning, Llc (registered 2023-03-17)
      Apr 20, 2023 · Advisor changed firm · fact
    • Timothy Joseph Mcintosh left Pvg Asset Management Corp for Visionary Horizons, Llc (registered 2023-04-13)
      Apr 20, 2023 · Advisor changed firm · fact
    • Dennis M Prost left Pvg Asset Management Corp for Vima, Llc (registered 2022-07-26)
      Jul 29, 2022 · Advisor changed firm · fact
    • Pvg Asset Management Corp reported RAUM $235.1M, down 31% from $339.4M (2018-12-26 to 2019-03-31)
      Mar 31, 2019 · RAUM change · derived
    • Pvg Asset Management Corp reported RAUM $339.4M, down 25% from $455.2M (2017-03-31 to 2018-03-30)
      Mar 30, 2018 · 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
    Business phone
    303-526-0548reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/pvgassetmanagementreportedpublic record, Form ADV, Sep 18, 2026
    Website
    PVGASSETMANAGEMENT.COMreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    303-526-0548reportedpublic record, Form ADV, Aug 4, 2026
    Contact form
    pvgassetmanagement.com/contact-asset-management-firmreportedpublished 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
    Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $69.4Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026