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.

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SEC-registered adviser

P••••• I••••••••• M••••••••• I•••

Asset manager (funds and pooled vehicles)Goshen, IndianaCRD 105675SEC 801-36323websiteIAPD
Latest filing Mar 23, 2026
First filing on the tape Mar 19, 2012 · 21 filings
SEC status approved since Apr 2, 1990
RAUM
$3.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$3.3B
derived; firm RAUM over IAPD count
Employees
14
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$3.3B as of Mar 23, 2026
Mar 19, 2012$737M then
HNW client RAUM$0 as of Mar 23, 2026
Mar 28, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 23, 2026
Mar 19, 20120 then
Employees (5.A)14 as of Mar 23, 2026
Mar 27, 201310 then
Private funds: no history
RAUM +19% over the last fiscal year+18% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 23, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$3.3BderivedRAUM 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
$330MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
14.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+19%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for investment companies, 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$3.3B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
10reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
B••••••• J•• B•••••Chartered Financial AnalystGoshen, InMar 21, 201911 y0
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • D•••••• R•••••• D• · Vice President/Directorcontrol
    since 06/2008 · owns less than 5%
  • G••••••••• F•••••••• J• · Treasurer/Cfo/Directorcontrol
    since 06/2022 · owns less than 5%
  • G•••• M•••••• K••••••••• J•• · Asst Secretarycontrol
    since 06/2022 · owns less than 5%
  • H••••••••• R••• A•••• · Asst Vice Presidentcontrol
    since 06/2022 · owns less than 5%
  • H••••••••• K••••••• D••• · President/Directorcontrol
    since 09/2014 · owns less than 5%
  • H••••••• C•••• M•••••• · Asst Secretary/Directorcontrol
    since 01/2014 · owns less than 5%
  • K••••••• B••••• M•••••• · Asst Secretary/Chief Compliance Officercontrol
    since 03/2022 · owns less than 5%
  • M•••••• J••• · Asst Treasurercontrol
    since 06/2022 · owns less than 5%
  • M•••••• B••••• S• · Asst Vice Presidentcontrol
    since 06/2022 · owns less than 5%
  • S••••• A••••• M•••••• · Assistant Treasurercontrol
    since 04/2023 · owns less than 5%
Entity owners
  • E••••••• H•••••••• I••• · Owner
    direct · owns 75% or more
  • E••••••• A••••••••• I••• · Owner
    indirect · owns 75% or more of E••••••• H•••••••• I•••
Related persons
Schedule D 7.A
  • E••••••• A••••••••• I•••
    real estatey
  • E••••••• I•••••••• C••••••
    real estaten
  • E••••••• T•••• C••••••
    investment adviserpooled vehicle sponsorLP sponsorn
  • M•• D••••••••• I•••
    real estaten
Advisers that list P••••• I••••••••• M••••••••• I••• as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 8 to 10
    Mar 21, 2025 to Mar 23, 2026
  • BD registered reps · 3 to 2
    Mar 21, 2025 to Mar 23, 2026
  • Employees · 15 to 14
    Mar 21, 2025 to Mar 23, 2026
  • Discretionary RAUM · $2.8B to $3.3B
    Mar 21, 2025 to Mar 23, 2026
  • RAUM · $2.8B to $3.3B
    Mar 21, 2025 to Mar 23, 2026
  • BD registered reps · 1 to 3
    Nov 19, 2024 to Mar 21, 2025
  • Business name · E••••••• C•••••• M••••••••• I••• to P••••• I••••••••• M••••••••• I•••
    Nov 19, 2024 to Mar 21, 2025
  • Employees · 11 to 15
    Nov 19, 2024 to Mar 21, 2025
  • Financial planning clients · 0 to 0
    Nov 19, 2024 to Mar 21, 2025
  • Legal name · E••••••• C•••••• M••••••••• I••• to P••••• I••••••••• M••••••••• I•••
    Nov 19, 2024 to Mar 21, 2025
  • Discretionary RAUM · $2.5B to $2.8B
    Nov 19, 2024 to Mar 21, 2025
  • RAUM · $2.5B to $2.8B
    Nov 19, 2024 to Mar 21, 2025
  • Employees · 12 to 11
    Mar 21, 2023 to Mar 5, 2024
  • Discretionary RAUM · $2.0B to $2.5B
    Mar 21, 2023 to Mar 5, 2024
  • RAUM · $2.0B to $2.5B
    Mar 21, 2023 to Mar 5, 2024
  • Advisory employees · 4 to 5
    Mar 17, 2022 to Mar 21, 2023
  • BD registered reps · 2 to 1
    Mar 17, 2022 to Mar 21, 2023
  • Employees · 11 to 12
    Mar 17, 2022 to Mar 21, 2023
  • Discretionary RAUM · $2.3B to $2.0B
    Mar 17, 2022 to Mar 21, 2023
  • RAUM · $2.3B to $2.0B
    Mar 17, 2022 to Mar 21, 2023
  • Related adviser · false to true
    Mar 17, 2022 to Mar 21, 2023
  • Advisory employees · 5 to 4
    Mar 11, 2021 to Mar 17, 2022
  • Employees · 12 to 11
    Mar 11, 2021 to Mar 17, 2022
  • Discretionary RAUM · $1.9B to $2.3B
    Mar 11, 2021 to Mar 17, 2022
  • RAUM · $1.9B to $2.3B
    Mar 11, 2021 to Mar 17, 2022
  • Discretionary RAUM · $1.6B to $1.9B
    Mar 23, 2020 to Mar 11, 2021
  • RAUM · $1.6B to $1.9B
    Mar 23, 2020 to Mar 11, 2021
  • Advisory employees · 4 to 5
    Mar 28, 2019 to Mar 23, 2020
  • BD registered reps · 0 to 2
    Mar 28, 2019 to Mar 23, 2020
  • Employees · 11 to 12
    Mar 28, 2019 to Mar 23, 2020
  • Insurance-licensed employees · 1 to 0
    Mar 28, 2019 to Mar 23, 2020
  • State-registered IARs · 1 to 0
    Mar 28, 2019 to Mar 23, 2020
  • Discretionary RAUM · $1.3B to $1.6B
    Mar 28, 2019 to Mar 23, 2020
  • RAUM · $1.3B to $1.6B
    Mar 28, 2019 to Mar 23, 2020
  • Related adviser · true to false
    Mar 28, 2019 to Mar 23, 2020
  • Advisory employees · 5 to 4
    Apr 24, 2018 to Mar 28, 2019
  • Discretionary RAUM · $1.3B to $1.3B
    Apr 24, 2018 to Mar 28, 2019
  • RAUM · $1.3B to $1.3B
    Apr 24, 2018 to Mar 28, 2019
  • Advisory employees · 4 to 5
    Jun 28, 2017 to Mar 28, 2018
  • Charity clients · unset to 0.0
    Jun 28, 2017 to Mar 28, 2018
Signals
18 dated events
  • M•••••• A•••• S•••• (Assistant Treasurer) appeared on Schedule A of P••••• I••••••••• M••••••••• I•••
    Mar 5, 2024 · Control person joined · fact
  • D•••• M•••••• G••••• (Assistant Treasurer) no longer on Schedule A of P••••• I••••••••• M••••••••• I••• (listed 2022-03-17, absent 2023-03-21)
    Mar 21, 2023 · Control person left · inference
  • J L••• N••••••• (Treasurer) no longer on Schedule A of P••••• I••••••••• M••••••••• I••• (listed 2022-03-17, absent 2023-03-21)
    Mar 21, 2023 · Control person left · inference
  • F George Merryman (Cfo/Secretary/Director) no longer on Schedule A of P••••• I••••••••• M••••••••• I••• (listed 2022-03-17, absent 2023-03-21)
    Mar 21, 2023 · Control person left · inference
  • Marlo Jay K••••••• (Asst Secretary) no longer on Schedule A of P••••• I••••••••• M••••••••• I••• (listed 2022-03-17, absent 2023-03-21)
    Mar 21, 2023 · Control person left · inference
  • J••• M••••• (Asst Treasurer) appeared on Schedule A of P••••• I••••••••• M••••••••• I•••
    Mar 21, 2023 · Control person joined · fact
  • S B•••• M••••• (Asst Vice President) appeared on Schedule A of P••••• I••••••••• M••••••••• I•••
    Mar 21, 2023 · Control person joined · fact
  • A•••• Rex H••••••••• (Asst Vice President) appeared on Schedule A of P••••• I••••••••• M••••••••• I•••
    Mar 21, 2023 · Control person joined · fact
  • Joy K•••••••• G•••• M••••• (Asst Secretary) appeared on Schedule A of P••••• I••••••••• M••••••••• I•••
    Mar 21, 2023 · Control person joined · fact
  • J F••••••• G•••••••• (Treasurer/Cfo/Director) appeared on Schedule A of P••••• I••••••••• M••••••••• I•••
    Mar 21, 2023 · Control person joined · fact
  • Eduardo Jaime Alvarez (Cfo/Secretary/Director) no longer on Schedule A of P••••• I••••••••• M••••••••• I••• (listed 2021-03-11, absent 2022-03-17)
    Mar 17, 2022 · Control person left · inference
  • Ray Philip Zimmerman (Asst Sec/Chief Compliance Officer) no longer on Schedule A of P••••• I••••••••• M••••••••• I••• (listed 2021-03-11, absent 2022-03-17)
    Mar 17, 2022 · Control person left · inference
  • F George Merryman (Cfo/Secretary/Director) appeared on Schedule A of P••••• I••••••••• M••••••••• I•••
    Mar 17, 2022 · Control person joined · fact
  • M•••••• B•••• K•••••• (Asst Secretary/Chief Compliance Officer) appeared on Schedule A of P••••• I••••••••• M••••••••• I•••
    Mar 17, 2022 · Control person joined · fact
  • J L••• N••••••• (Treasurer) appeared on Schedule A of P••••• I••••••••• M••••••••• I•••
    Mar 11, 2021 · Control person joined · fact
  • Sidney Alan Richard (Asst Vice Pres) no longer on Schedule A of P••••• I••••••••• M••••••••• I••• (listed 2020-03-23, absent 2021-03-11)
    Mar 11, 2021 · Control person left · inference
  • D•••• M•••••• G••••• (Assistant Treasurer) appeared on Schedule A of P••••• I••••••••• M••••••••• I•••
    Mar 23, 2020 · Control person joined · fact
  • Delmar Kay King (Asst Treas) no longer on Schedule A of P••••• I••••••••• M••••••••• I••• (listed 2018-04-24, absent 2019-03-28)
    Mar 28, 2019 · 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
Website
E•••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
574-533-9511reportedpublic record, Form ADV, Mar 23, 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
$3.3Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026