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
Shapiro Capital Management LLC
Latest filing May 28, 2026
First filing on the tape Mar 29, 2012 · 35 filings
SEC status approved since Apr 21, 1989
RAUM
$2.0B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
32%
$622M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$984M
derived; firm RAUM over IAPD count
Employees
10
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$2.0B as of May 28, 2026
Mar 29, 2012$2.8B then
HNW client RAUM$619M as of May 28, 2026
Apr 30, 2018$1.4B then
State-registered IARs (5.B.3)2 as of May 28, 2026
Mar 29, 20120 then
Employees (5.A)10 as of May 28, 2026
Mar 21, 20138 then
Private funds: no history
RAUM -33% over the last fiscal year-20% a year over threeIARs 2 to 2
Practice profile
derived from the filing of May 28, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- RAUM per advisor
- $984MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 140derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.3MderivedHNW RAUM over HNW clients
- Average account
- $5.0MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 41%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 5.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -33%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -27%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companiesreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$619M31%
- Corporations and businesses$456M23%
- Charitable organizations$381M19%
- State and municipal entities$285M14%
- Pension and profit-sharing plans$132M6.7%
- Investment companies$92.0M4.7%
- Individuals$2.9M0.1%
- Individual clients
- 9reported
- HNW clients
- 271reported
- Pension plan clients
- 5reported
- Charitable clients
- 33reported
- Accounts
- 394reported
- Financial planning clients
- reported
- Wrap fee programs
- $0 sponsored, $957M managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.32 fund_share=0.05 institutional_share=0.41 related_bd=true related_bank=true bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Michael Alexander MccarthyChartered Financial Analyst | Atlanta, Ga | Jun 12, 2006 | 36 y | 0 |
| Jonathan James HunterChartered Financial Analyst | Atlanta, Ga | Apr 1, 2025 | 14 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
- Alexander Michael Mccarthy · Chief Investment Officer/Directorcontrolsince 01/2022 · owns 5% to 10%
- Bernard Harry Shapiro · Portfolio Manager/Analyst/Directorcontrolsince 04/2017 · owns 5% to 10%
- Steven Louis Shapiro · President/Cfo/Senior Portfolio Manager/Directorcontrolsince 02/2006 · owns 10% to 25%
- Alexander Michael Mccarthy · Shareholdercontrolsince 04/2017 · owns 25% to 50% of Shapiro Capital Management Company, Inc
- Steven Louis Shapiro · Shareholdercontrolsince 04/2017 · owns 25% to 50% of Shapiro Capital Management Company, Inc
- Lynn Rebecca Harris · Directorsince 04/2022 · owns less than 5%
- Elaine Christina Sears · Chief Compliance Officersince 09/2024 · owns less than 5%
- John Gregory Stumm · Directorsince 05/2024 · owns less than 5%
Entity owners
- Resolute Investment Managers, · Shareholderdirect · owns 50% to 75%
- Resolute Investment Managers, Inc · Shareholderdirect · owns 50% to 75%
- Shapiro Capital Management Company, Inc. · Memberdirect · owns 10% to 25%
- Resolute Acquistion, Inc · Shareholderindirect · owns 75% or more of Resolute Investment Managers, Inc.
- Resolute Topco, Inc. · Shareholderindirect · owns 75% or more of Resolute Acquisition, Inc.
- Samual R. Shapiro Estate · Shareholderindirect · owns 25% to 50% of Shapiro Capital Management Company, Inc.
- Shapiro Capital Management · Memberdirect · owns 10% to 25%
Related persons
Schedule D 7.A
- American Beacon Advisors, Inc.investment adviserbankpooled vehicle sponsornRAUM $60B
- American Private Equity Management LLCpooled vehicle sponsorn
- National Investment Services Of America, LLCinvestment adviserbankpooled vehicle sponsornRAUM $16B
- Resolute Investment Distributors, Inc.broker-dealern
- Rsw Investmentsinvestment advisernRAUM $2.3B
- Ssi Investment Management LLCinvestment adviserbankpooled vehicle sponsornRAUM $2.6B
Advisers that list Shapiro Capital Management LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Atlanta, Ga · principal | 2 | 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 down 25 %Change between filings · filing Mar 11, 2026RAUM (Item 5.F) moved from $2,947,786,867 to $1,967,415,113 (-33.0%) between the annual amendments of 2025-03-21 and 2026-03-11; the peer median change was +17.0% (1297 comparable advisers, 0.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,297) · 0.4% percentile
What changed
consecutive filings, newest first
- Accounts · 551 to 394Dec 12, 2025 to Mar 11, 2026
- Charity clients · 46 to 33Dec 12, 2025 to Mar 11, 2026
- Corporate clients · 106 to 70Dec 12, 2025 to Mar 11, 2026
- HNW clients · 365 to 271Dec 12, 2025 to Mar 11, 2026
- Individual clients · 16 to 9Dec 12, 2025 to Mar 11, 2026
- Pension plan clients · 9 to 5Dec 12, 2025 to Mar 11, 2026
- Discretionary RAUM · $2.9B to $2.0BDec 12, 2025 to Mar 11, 2026
- HNW RAUM · $785M to $619MDec 12, 2025 to Mar 11, 2026
- Individual RAUM · $5.9M to $2.9MDec 12, 2025 to Mar 11, 2026
- Pension RAUM · $449M to $132MDec 12, 2025 to Mar 11, 2026
- RAUM · $2.9B to $2.0BDec 12, 2025 to Mar 11, 2026
- Wrap assets (manager) · $1.1B to $957MDec 12, 2025 to Mar 11, 2026
- Financial planning clients · unset to Mar 21, 2025 to May 7, 2025
- Accounts · 693 to 551Dec 3, 2024 to Mar 21, 2025
- Charity clients · 44 to 46Dec 3, 2024 to Mar 21, 2025
- Corporate clients · 105 to 106Dec 3, 2024 to Mar 21, 2025
- HNW clients · 525 to 365Dec 3, 2024 to Mar 21, 2025
- Individual clients · 0 to 16Dec 3, 2024 to Mar 21, 2025
- Pension plan clients · 8 to 9Dec 3, 2024 to Mar 21, 2025
- State-registered IARs · 1 to 2Dec 3, 2024 to Mar 21, 2025
- Discretionary RAUM · $3.7B to $2.9BDec 3, 2024 to Mar 21, 2025
- HNW RAUM · $1.2B to $785MDec 3, 2024 to Mar 21, 2025
- Individual RAUM · $0 to $5.9MDec 3, 2024 to Mar 21, 2025
- Non-discretionary RAUM · $5.3M to $0Dec 3, 2024 to Mar 21, 2025
- Pension RAUM · $471M to $449MDec 3, 2024 to Mar 21, 2025
- RAUM · $3.7B to $2.9BDec 3, 2024 to Mar 21, 2025
- Wrap assets (manager) · $1.5B to $1.1BDec 3, 2024 to Mar 21, 2025
- Employees · 9 to 10Oct 8, 2024 to Dec 3, 2024
- Accounts · 828 to 693Jul 20, 2023 to Mar 12, 2024
- Charity clients · 48 to 44Jul 20, 2023 to Mar 12, 2024
- Corporate clients · 135 to 105Jul 20, 2023 to Mar 12, 2024
- HNW clients · 620 to 525Jul 20, 2023 to Mar 12, 2024
- Pension plan clients · 9 to 8Jul 20, 2023 to Mar 12, 2024
- Discretionary RAUM · $3.8B to $3.7BJul 20, 2023 to Mar 12, 2024
- HNW RAUM · $1.3B to $1.2BJul 20, 2023 to Mar 12, 2024
- Non-discretionary RAUM · $7.3M to $5.3MJul 20, 2023 to Mar 12, 2024
- Pension RAUM · $513M to $471MJul 20, 2023 to Mar 12, 2024
- RAUM · $3.8B to $3.7BJul 20, 2023 to Mar 12, 2024
- Wrap assets (manager) · $1.7B to $1.5BJul 20, 2023 to Mar 12, 2024
- Accounts · 831 to 828Apr 28, 2022 to Mar 28, 2023
Signals
7 dated events
- Shapiro Capital Management Llc reported RAUM $2.0B, down 33% from $2.9B (2025-12-12 to 2026-03-11)Mar 11, 2026 · RAUM change · derived
- Karl Jeffrey Ringdahl (Director) no longer on Schedule A of Shapiro Capital Management Llc (listed 2024-03-12, absent 2024-05-02)May 2, 2024 · Control person left · inference
- John Gregory Stumm (Director) appeared on Schedule A of Shapiro Capital Management LlcMay 2, 2024 · Control person joined · fact
- Shapiro Capital Management Llc reported RAUM $3.8B, down 32% from $5.6B (2022-04-28 to 2023-03-28)Mar 28, 2023 · RAUM change · derived
- Lynn Rebecca Harris (Director) appeared on Schedule A of Shapiro Capital Management LlcApr 28, 2022 · Control person joined · fact
- Louis Gene Needles (Director) no longer on Schedule A of Shapiro Capital Management Llc (listed 2022-02-08, absent 2022-04-28)Apr 28, 2022 · Control person left · inference
- Robert Samuel Shapiro (Shareholder) no longer on Schedule A of Shapiro Capital Management Llc (listed 2022-02-07, absent 2022-02-08)Feb 8, 2022 · 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
- Business phone
- 404-842-9600reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 404-393-7745reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- shapirocapital.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 404-842-9600reportedpublic record, Form ADV, May 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
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $984Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026