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
David Vaughan Investments, LLC
Latest filing Jul 20, 2026
First filing on the tape Dec 15, 2011 · 46 filings
SEC status approved since Mar 17, 1977
RAUM
$5.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
73%
$3.9B individuals and HNW
Advisors
23
registered through the firm on IAPD
RAUM per advisor
$232M
derived; firm RAUM over IAPD count
Employees
48
48 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
46 filings and snapshots on the tape
RAUM$5.3B as of Jul 20, 2026
Mar 27, 2012$1.4B then
HNW client RAUM$3.7B as of Jul 20, 2026
Mar 13, 2018$1.7B then
State-registered IARs (5.B.3)22 as of Jul 20, 2026
Feb 8, 201311 then
Employees (5.A)48 as of Jul 20, 2026
Feb 8, 201318 then
Private funds: no history
RAUM +8.1% over the last fiscal year+11% a year over threeIARs 21 to 22
Practice profile
derived from the filing of Jul 20, 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
- Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
- RAUM per advisor
- $232MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 51derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $5.1MderivedHNW RAUM over HNW clients
- Average account
- $1.2MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 15%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.1derivedItem 5.A over advisors
- Advisors per office
- 11.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +8.1%derivedbetween the last two annual amendments
- Advisor growth, one year
- +4.8%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -20%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, otherreportedItem 5.G
- Financial planning clients
- 500reportedItem 5.H
- Custody
- $3.4B, 981 clientsreportedItem 9.A
- 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- marketing includes testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$3.7B69%
- Banks and thrifts$561M11%
- Charitable organizations$348M6.5%
- Pension and profit-sharing plans$318M6.0%
- Individuals$211M4.0%
- Insurance companies$151M2.8%
- Corporations and businesses$45.8M0.9%
- Individual clients
- 443reported
- HNW clients
- 721reported
- Pension plan clients
- 40reported
- Charitable clients
- 24reported
- Accounts
- 4,288reported
- Financial planning clients
- 500reported
- Wrap fee programs
- noreported
- Custody of client assets
- $3.4B for 981 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.73 fund_share=0.0 institutional_share=0.15 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
23 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Brian A Christensen | Winter Park, Fl | Mar 31, 1998 | 35 y | 0 |
| Lawrence Williams IV | Peoria, Il | Mar 31, 1998 | 35 y | 0 |
| Stephen K Hinrichs | Peoria, Il | Jul 15, 1998 | 28 y | 0 |
| Patrick Joseph Smarjesse | Peoria, Il | Dec 28, 1998 | 41 y | 0 |
| Todd Michael Sheridan | Peoria, Il | Mar 17, 2000 | 33 y | 0 |
| Deanna Marie BaeleCertified Financial Planner | Peoria, Il | May 9, 2002 | 31 y | 0 |
| Andrew James ListerChartered Financial Analyst | Peoria, Il | Apr 6, 2006 | 20 y | 0 |
| Stephanie Anne Ricketts | Peoria, Il | Nov 6, 2007 | 27 y | 2 |
| Dalton Michael Mellon | Peoria, Il | Aug 19, 2013 | 13 y | 0 |
| Meghan J. Jackson | Peoria, Il | Feb 13, 2014 | 22 y | 0 |
| Jeffrey John HuizengaCertified Financial Planner, Chartered Financial Consultant | Peoria, Il | Nov 12, 2014 | 32 y | 2 |
| Johnathan Pierce TimkoCertified Financial Planner | Winter Park, Fl | Nov 16, 2016 | 19 y | 2 |
| Darrin Attis AutryCertified Financial Planner | East Peoria, Il | Mar 10, 2017 | 10 y | 0 |
| Glenn James MaxeyChartered Financial Analyst | Peoria, Il | Nov 16, 2017 | 11 y | 0 |
| Michael Martin FlahertyCertified Financial Planner, Chartered Financial Consultant | Peoria, Il | Feb 20, 2018 | 18 y | 2 |
| Zachery MorgensternCertified Financial Planner | Peoria, Il | Feb 9, 2022 | 14 y | 1 |
| Michael E ArmisteadCertified Financial Planner | Peoria, Il | Aug 1, 2022 | 16 y | 2 |
| Alexis Laure Morey | Peoria, Il | Dec 7, 2023 | 15 y | 1 |
| Christopher Kent | Peoria, Il | Jan 4, 2024 | 11 y | 0 |
| Devin James Shaffer | Peoria, Il | Feb 24, 2025 | 21 y | 0 |
| Jade Marie Laverdiere | Winter Park, Fl | Aug 20, 2025 | 11 y | 0 |
| Ryan David Sewell | Peoria, Il | Dec 16, 2025 | 15 y | 3 |
| Cody John BehrensChartered Financial Consultant, Chartered Financial Analyst | Peoria, Il | Mar 16, 2026 | 11 y | 2 |
Advisor movement
1 left, 2 joined in 12 months
net +1 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 4.3% of current headcount2 left over 36 months
Left, latest
- Shane Michael Higgins to Apella WealthAug 28, 2026 · RIA to RIA
- Margaret L Bilby to Cyndeo Wealth PartnersApr 15, 2024 · RIA to RIA
- Jesse Lawton Shaw to Cambridge Investment Research Advisors, Inc.Aug 28, 2012 · Other
Joined, latest
- Cody John Behrens from Pnc Wealth ManagementMar 16, 2026 · Affiliated broker-dealer or bank to independent RIA
- Ryan David Sewell from Wealth Enhancement Advisory Services, LLCDec 16, 2025 · RIA to RIA
- Shane Michael Higgins from Schwab Wealth Advisory, Inc.Sep 4, 2024 · Other
- Alexis Laure Morey from Silver Oak Securities, Inc.Dec 7, 2023 · Affiliated broker-dealer or bank to independent RIA
- Michael E Armistead from Schwab Wealth Advisory, Inc.Aug 1, 2022 · Other
- Zachery Morgenstern from Edward JonesFeb 9, 2022 · Affiliated broker-dealer or bank to independent RIA
- Michael Martin Flaherty from Valmark Advisers, Inc.Feb 20, 2018 · Other
- Johnathan Pierce Timko from Schwab Wealth Advisory, Inc.Nov 16, 2016 · Other
- Margaret L Bilby from Usaa Financial Planning ServicesSep 30, 2015 · Other
- Jeffrey John Huizenga from Cliftonlarsonallen Wealth Advisors, LLCNov 12, 2014 · Other
- Stephanie Anne Ricketts from J.P. Morgan Securities Inc.Nov 6, 2007 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Attis Darrin Autry · Elected Managercontrolsince 03/2021 · owns less than 5%
- E Wayne Baum · Elected Managercontrolsince 06/2012 · owns less than 5%
- Andrew Brian Christensen · Elected Manager & Sr Vice President & Chief Investment Officercontrolsince 09/2006 · owns less than 5%
- L Michael Dewalt · Elected Managercontrolsince 04/2016 · owns less than 5%
- K Stephen Hinrichs · Senior Vice President Of Investment Researchcontrolsince 03/2018 · owns less than 5%
- Alan Andrew Honegger · Elected Managercontrolsince 09/2017 · owns less than 5%
- John Jeffrey Huizenga · Director Of Wealth Strategiescontrolsince 03/2025 · owns less than 5%
- James Glenn Maxey · Director & Senior Portfolio Managercontrolsince 03/2024 · owns less than 5%
- Vannorden John Mcclure · Elected Managercontrolsince 01/2008 · owns less than 5%
- Johnson Virginia Pillman · Elected Managercontrolsince 06/2011 · owns less than 5%
- Allen Michael Price · Chief Compliance Officer, Vice President Of Risk Management & Corporate Secretarycontrolsince 07/2014 · owns less than 5%
- Anne Stephanie Ricketts · Senior Relationship Manager & Director Of Client Servicescontrolsince 03/2025 · owns less than 5%
- Armando Alfredo Risi · Chief Operating Officercontrolsince 10/2023 · owns less than 5%
- W Elizabeth Salmon · Vice President Of Operationscontrolsince 06/2017 · owns less than 5%
- D Kevin Schoeplein · Elected Managercontrolsince 03/2018 · owns less than 5%
- Michael Todd Sheridan · Vice Presidentcontrolsince 09/2006 · owns less than 5%
- Joseph Patrick Smarjesse · Senior Vice President Of Relationship Managementcontrolsince 09/2006 · owns less than 5%
- Clark Christopher Spears · Elected Managercontrolsince 03/2025 · owns less than 5%
- John David Vaughan Jr · Elected Managercontrolsince 09/2006 · owns less than 5%
- Lawrence Williams IV · Elected Manager, Chairman, President & Ceocontrolsince 12/2017 · owns less than 5%
- A Mitchell Zippay · Director & Senior Accounting Managercontrolsince 03/2025 · owns less than 5%
- L Erin Duvall · Chief People Officersince 01/2026 · owns less than 5%
Entity owners
- Dvi Capital Corp. · Memberdirect · owns 10% to 25%
- Hometown Community · Memberdirect · owns 75% or more
- Hometown Community Bancorp, Inc. · Memberdirect · owns 75% or more
- Hometown Community Bancorp, Inc. Employee Stock Ownership Plan & Trust · Ownerindirect · owns 25% to 50% of Hometown Community Bancorp, Inc.
Related persons
Schedule D 7.A
- Hometown Community Bancorp, Inc.y
- Morton Community Bankn
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Peoria, Il · principal | 23 | 2 | 1 | ||
| Winter Park, Fl | 7 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Winter Park, FL7 employees
ADV anomalies
8 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Jul 20, 2026HUIZENGA, JEFFREY, JOHN (DIRECTOR OF WEALTH STRATEGIES) appeared on Schedule A between the filings of 2024-03-28 and 2026-07-20peers: independent wealth managers, $5B to $20B (289)
- control person changedChange between filings · filing Jul 20, 2026RICKETTS, STEPHANIE, ANNE (SENIOR RELATIONSHIP MANAGER & DIRECTOR OF CLIENT SERVICES) appeared on Schedule A between the filings of 2024-03-28 and 2026-07-20peers: independent wealth managers, $5B to $20B (289)
- control person changedChange between filings · filing Jul 20, 2026MAXEY, GLENN, JAMES (DIRECTOR & SENIOR PORTFOLIO MANAGER) appeared on Schedule A between the filings of 2024-03-28 and 2026-07-20peers: independent wealth managers, $5B to $20B (289)
- control person changedChange between filings · filing Jul 20, 2026SPEARS, CHRISTOPHER, CLARK (ELECTED MANAGER) appeared on Schedule A between the filings of 2024-03-28 and 2026-07-20peers: independent wealth managers, $5B to $20B (289)
- control person changedChange between filings · filing Jul 20, 2026ZIPPAY, MITCHELL, A (DIRECTOR & SENIOR ACCOUNTING MANAGER) appeared on Schedule A between the filings of 2024-03-28 and 2026-07-20peers: independent wealth managers, $5B to $20B (289)
- control person changedChange between filings · filing Jul 20, 2026CHRISTENSEN, BRIAN, ANDREW (ELECTED MANAGER & SR VICE PRESIDENT & CHIEF INVESTMENT OFFICER) left Schedule A between the filings of 2024-03-28 and 2026-07-20peers: independent wealth managers, $5B to $20B (289)
- control person changedChange between filings · filing Jul 20, 2026PILLMAN, VIRGINIA, JOHNSON (ELECTED MANAGER) left Schedule A between the filings of 2024-03-28 and 2026-07-20peers: independent wealth managers, $5B to $20B (289)
- control person changedChange between filings · filing Jul 20, 2026BAUM, WAYNE, E (ELECTED MANAGER) left Schedule A between the filings of 2024-03-28 and 2026-07-20peers: independent wealth managers, $5B to $20B (289)
What changed
consecutive filings, newest first
- Accounts · 4,020 to 4,288Oct 3, 2025 to Mar 30, 2026
- Advisory employees · 46 to 48Oct 3, 2025 to Mar 30, 2026
- Charity clients · 40 to 24Oct 3, 2025 to Mar 30, 2026
- Corporate clients · 18 to 12Oct 3, 2025 to Mar 30, 2026
- HNW clients · 812 to 721Oct 3, 2025 to Mar 30, 2026
- Individual clients · 636 to 443Oct 3, 2025 to Mar 30, 2026
- Pension plan clients · 44 to 40Oct 3, 2025 to Mar 30, 2026
- Assets in custody · $2.6B to $3.4BOct 3, 2025 to Mar 30, 2026
- Employees · 46 to 48Oct 3, 2025 to Mar 30, 2026
- State-registered IARs · 21 to 22Oct 3, 2025 to Mar 30, 2026
- Discretionary RAUM · $4.9B to $5.3BOct 3, 2025 to Mar 30, 2026
- HNW RAUM · $3.7B to $3.7BOct 3, 2025 to Mar 30, 2026
- Individual RAUM · $290M to $211MOct 3, 2025 to Mar 30, 2026
- Non-discretionary RAUM · $0 to $1.5MOct 3, 2025 to Mar 30, 2026
- Pension RAUM · $342M to $318MOct 3, 2025 to Mar 30, 2026
- RAUM · $4.9B to $5.3BOct 3, 2025 to Mar 30, 2026
- Accounts · 3,778 to 4,020Mar 28, 2024 to Apr 10, 2025
- Advisory employees · 44 to 46Mar 28, 2024 to Apr 10, 2025
- Charity clients · 22 to 40Mar 28, 2024 to Apr 10, 2025
- Corporate clients · 26 to 18Mar 28, 2024 to Apr 10, 2025
- HNW clients · 717 to 812Mar 28, 2024 to Apr 10, 2025
- Individual clients · 660 to 636Mar 28, 2024 to Apr 10, 2025
- Pension plan clients · 50 to 44Mar 28, 2024 to Apr 10, 2025
- Assets in custody · $2.6B to $2.6BMar 28, 2024 to Apr 10, 2025
- Employees · 44 to 46Mar 28, 2024 to Apr 10, 2025
- Financial planning clients · More than 500 to More than 500Mar 28, 2024 to Apr 10, 2025
- State-registered IARs · 20 to 21Mar 28, 2024 to Apr 10, 2025
- Discretionary RAUM · $4.3B to $4.9BMar 28, 2024 to Apr 10, 2025
- HNW RAUM · $3.1B to $3.7BMar 28, 2024 to Apr 10, 2025
- Individual RAUM · $319M to $290MMar 28, 2024 to Apr 10, 2025
- Pension RAUM · $312M to $342MMar 28, 2024 to Apr 10, 2025
- RAUM · $4.3B to $4.9BMar 28, 2024 to Apr 10, 2025
- Accounts · 3,520 to 3,778Mar 31, 2023 to Mar 28, 2024
- Advisory employees · 41 to 44Mar 31, 2023 to Mar 28, 2024
- Charity clients · 24 to 22Mar 31, 2023 to Mar 28, 2024
- Corporate clients · 24 to 26Mar 31, 2023 to Mar 28, 2024
- HNW clients · 672 to 717Mar 31, 2023 to Mar 28, 2024
- Individual clients · 618 to 660Mar 31, 2023 to Mar 28, 2024
- Pension plan clients · 54 to 50Mar 31, 2023 to Mar 28, 2024
- Assets in custody · $3.6B to $2.6BMar 31, 2023 to Mar 28, 2024
Signals
14 dated events
- Shane Michael Higgins left David Vaughan Investments, Llc for Apella Wealth (registered 2026-09-04)Aug 28, 2026 · Advisor changed firm · fact
- Margaret L Bilby left David Vaughan Investments, Llc for Cyndeo Wealth Partners (registered 2024-03-15)Apr 15, 2024 · Advisor changed firm · fact
- Armando Alfredo Risi (Chief Operating Officer) appeared on Schedule A of David Vaughan Investments, LlcMar 28, 2024 · Control person joined · fact
- Anne Stephanie Ricketts (Director Of Client Services & Senior Relationship Manager) no longer on Schedule A of David Vaughan Investments, Llc (listed 2023-03-31, absent 2024-03-28)Mar 28, 2024 · Control person left · inference
- Dean Gordon Honegger (Trustee) no longer on Schedule A of David Vaughan Investments, Llc (listed 2022-11-29, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Anne Stephanie Ricketts (Director Of Client Services & Senior Relationship Manager) appeared on Schedule A of David Vaughan Investments, LlcMar 31, 2023 · Control person joined · fact
- William Dirk Roecker (Elected Manager) no longer on Schedule A of David Vaughan Investments, Llc (listed 2021-11-30, absent 2022-03-31)Mar 31, 2022 · Control person left · inference
- Attis Darrin Autry (Elected Manager) appeared on Schedule A of David Vaughan Investments, LlcMar 31, 2022 · Control person joined · fact
- David Vaughan Investments, Llc reported RAUM $3.0B, up 25% from $2.4B (2019-03-30 to 2020-03-30)Mar 30, 2020 · RAUM change · derived
- David James Sinclair (Treasurer/Chief Compliance Officer) no longer on Schedule A of David Vaughan Investments, Llc (listed 2019-03-30, absent 2020-03-30)Mar 30, 2020 · Control person left · inference
- Kent Stephen Hinrichs (Director Of Investment Research) appeared on Schedule A of David Vaughan Investments, LlcMar 30, 2019 · Control person joined · fact
- John Jeffrey Huizenga (Director Of Relationship Management) appeared on Schedule A of David Vaughan Investments, LlcMar 30, 2019 · Control person joined · fact
- W Elizabeth Salmon (Director Of Business Operations & Corporate Secretary) appeared on Schedule A of David Vaughan Investments, LlcMar 30, 2019 · Control person joined · fact
- David Vaughan Investments Inc reported succeeding to the business of Another Adviser (Form ADV Item 4)Sep 29, 2017 · Succession (Item 4) · fact
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/david-vaughan-investmentsreportedpublic record, Form ADV, Sep 17, 2026
- Website
- DVIINC.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 309-685-0033reportedpublic record, Form ADV, Jul 20, 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
- $232Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026