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

Security Capital Research & Management Incorporated

Other adviserChicago, IllinoisCRD 106201SEC 801-53815websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Nov 30, 2011 · 52 filings
SEC status approved since Feb 10, 1997
RAUM
$3.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
3.9%
$129M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
17
17 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
52 filings and snapshots on the tape
RAUM$3.3B as of Mar 31, 2026
Mar 30, 2012$5.3B then
HNW client RAUM$129M as of Mar 31, 2026
Mar 29, 2018$39.3M then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 28, 20130 then
Employees (5.A)17 as of Mar 31, 2026
Mar 28, 201321 then
Private funds3 as of Mar 31, 2026
Mar 30, 20122 then
RAUM -13% over the last fiscal year-2.8% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.5MderivedHNW RAUM over HNW clients
Average account
$35.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
20%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-13%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
-2.6%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, pension consultingreportedItem 5.G
Custody
$913M, 3 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)
  • 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)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.2B36%
  • Corporations and businesses$785M24%
  • Investment companies$547M17%
  • State and municipal entities$493M15%
  • Charitable organizations$134M4.1%
  • High-net-worth individuals$129M3.9%
  • Pension and profit-sharing plans$23.8M0.7%
Individual clients
0reported
HNW clients
37reported
Pension plan clients
1reported
Charitable clients
3reported
Accounts
92reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$913M for 3 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.04 fund_share=0.52 institutional_share=0.2 related_bd=true related_bank=true bd_reps=1.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Preferred Growth LLCOther Private Fund$735M35Mar 30, 2012
      Va Income Opportunity Investors LLCOther Private Fund$108M2Mar 30, 2012
      Preferred Growth-T LLCOther Private Fund$15.4M14Mar 31, 2014
      Owners and control persons
      Schedule A and B, latest filing
      • Mark Steven Greenspan · Directorcontrol
        since 03/2006 · owns less than 5%
      • Joseph Michael Heller · Director, Managing Director & Chief Financial Officercontrol
        since 03/2015 · owns less than 5%
      • Russo Anthony Manno · Ceo, President, Director & Managing Directorcontrol
        since 07/1996 · owns less than 5%
      • Anonuevo Danilo Sanjose · Director, Managing Directorcontrol
        since 07/2024 · owns less than 5%
      • X Jay Villanueva · Director/Managing Directorcontrol
        since 10/2020 · owns less than 5%
      • Patrick Craig Livingston · Chief Compliance Officer / Vice President
        since 03/2023 · owns less than 5%
      • Padraig Ronan O'Comhrai · Chief Legal Officer
        since 08/2022 · owns less than 5%
      Entity owners
      • Jpmorgan Asset Management Holdings Inc. · Shareholder
        direct · owns 75% or more
      • Jpmorgan Chase & Co. · 100% Shareholder
        indirect · owns 75% or more of Jpmorgan Chase Holdings LLC · public reporting company
      • Jpmorgan Chase Holdings LLC · 100% Shareholder
        indirect · owns 75% or more of Jpmorgan Asset Management Holdings Inc.
      Related persons
      Schedule D 7.A
      Advisers that list Security Capital Research & Management Incorporated as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 113 to 92
        Sep 30, 2025 to Mar 31, 2026
      • Advisory employees · 18 to 17
        Sep 30, 2025 to Mar 31, 2026
      • BD registered reps · 2 to 1
        Sep 30, 2025 to Mar 31, 2026
      • Charity clients · 4 to 3
        Sep 30, 2025 to Mar 31, 2026
      • HNW clients · 38 to 37
        Sep 30, 2025 to Mar 31, 2026
      • Pension plan clients · 2 to 1
        Sep 30, 2025 to Mar 31, 2026
      • Assets in custody · $968M to $913M
        Sep 30, 2025 to Mar 31, 2026
      • Employees · 18 to 17
        Sep 30, 2025 to Mar 31, 2026
      • Discretionary RAUM · $3.8B to $3.3B
        Sep 30, 2025 to Mar 31, 2026
      • HNW RAUM · $138M to $129M
        Sep 30, 2025 to Mar 31, 2026
      • Pension RAUM · $471M to $23.8M
        Sep 30, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $1.1B to $1.2B
        Sep 30, 2025 to Mar 31, 2026
      • RAUM · $3.8B to $3.3B
        Sep 30, 2025 to Mar 31, 2026
      • Accounts · 145 to 113
        Aug 30, 2024 to Mar 21, 2025
      • Advisory activities · 3 to 4
        Aug 30, 2024 to Mar 21, 2025
      • Corporate clients · 9 to 6
        Aug 30, 2024 to Mar 21, 2025
      • Pension plan clients · 4 to 2
        Aug 30, 2024 to Mar 21, 2025
      • Assets in custody · $859M to $968M
        Aug 30, 2024 to Mar 21, 2025
      • Financial planning clients · unset to
        Aug 30, 2024 to Mar 21, 2025
      • Discretionary RAUM · $4.0B to $3.8B
        Aug 30, 2024 to Mar 21, 2025
      • HNW RAUM · $131M to $138M
        Aug 30, 2024 to Mar 21, 2025
      • Pension RAUM · $537M to $471M
        Aug 30, 2024 to Mar 21, 2025
      • Pooled vehicle RAUM · $1.0B to $1.1B
        Aug 30, 2024 to Mar 21, 2025
      • RAUM · $4.0B to $3.8B
        Aug 30, 2024 to Mar 21, 2025
      • Accounts · 146 to 145
        Jul 20, 2023 to Mar 26, 2024
      • Advisory employees · 20 to 18
        Jul 20, 2023 to Mar 26, 2024
      • Corporate clients · 10 to 9
        Jul 20, 2023 to Mar 26, 2024
      • HNW clients · 39 to 38
        Jul 20, 2023 to Mar 26, 2024
      • Assets in custody · $810M to $859M
        Jul 20, 2023 to Mar 26, 2024
      • Employees · 20 to 18
        Jul 20, 2023 to Mar 26, 2024
      • Discretionary RAUM · $3.6B to $4.0B
        Jul 20, 2023 to Mar 26, 2024
      • HNW RAUM · $118M to $131M
        Jul 20, 2023 to Mar 26, 2024
      • Pension RAUM · $370M to $537M
        Jul 20, 2023 to Mar 26, 2024
      • Pooled vehicle RAUM · $951M to $1.0B
        Jul 20, 2023 to Mar 26, 2024
      • RAUM · $3.6B to $4.0B
        Jul 20, 2023 to Mar 26, 2024
      • Accounts · 134 to 146
        Nov 4, 2022 to Mar 30, 2023
      • Charity clients · 2 to 4
        Nov 4, 2022 to Mar 30, 2023
      • HNW clients · 24 to 39
        Nov 4, 2022 to Mar 30, 2023
      • Pension plan clients · 6 to 4
        Nov 4, 2022 to Mar 30, 2023
      • Assets in custody · $1.3B to $810M
        Nov 4, 2022 to Mar 30, 2023
      Signals
      15 dated events
      • Le-Ellen Spelman (Director / Managing Director) no longer on Schedule A of Security Capital Research & Management Incorporated (listed 2024-03-26, absent 2024-08-30)
        Aug 30, 2024 · Control person left · inference
      • Anonuevo Danilo Sanjose (Director, Managing Director) appeared on Schedule A of Security Capital Research & Management Incorporated
        Aug 30, 2024 · Control person joined · fact
      • Wendell Kevin Bedell (Managing Director) no longer on Schedule A of Security Capital Research & Management Incorporated (listed 2023-03-30, absent 2023-07-20)
        Jul 20, 2023 · Control person left · inference
      • Dale Kenneth Statz (Managing Director) no longer on Schedule A of Security Capital Research & Management Incorporated (listed 2023-03-30, absent 2023-07-20)
        Jul 20, 2023 · Control person left · inference
      • Security Capital Research & Management Incorporated reported RAUM $3.6B, down 37% from $5.7B (2022-11-04 to 2023-03-30)
        Mar 30, 2023 · RAUM change · derived
      • Security Capital Research & Management Incorporated reported RAUM $5.7B, up 34% from $4.3B (2022-01-28 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      • Sandra Belmonti (Director / Executive Director) no longer on Schedule A of Security Capital Research & Management Incorporated (listed 2020-10-23, absent 2021-02-09)
        Feb 9, 2021 · Control person left · inference
      • Cyriel Anton Pil (Director/Global Head Of Jpmorgan Asset Management Alternatives/Managing Director) no longer on Schedule A of Security Capital Research & Management Incorporated (listed 2020-10-23, absent 2021-02-09)
        Feb 9, 2021 · Control person left · inference
      • Elisabeth Jennifer Mcgrew (Director / Executive Director) no longer on Schedule A of Security Capital Research & Management Incorporated (listed 2020-10-23, absent 2021-02-09)
        Feb 9, 2021 · Control person left · inference
      • Le-Ellen Spelman (Managing Director) appeared on Schedule A of Security Capital Research & Management Incorporated
        Feb 9, 2021 · Control person joined · fact
      • X Jay Villanueva (Executive Director) appeared on Schedule A of Security Capital Research & Management Incorporated
        Feb 9, 2021 · Control person joined · fact
      • Elisabeth Jennifer Mcgrew (Executive Director) appeared on Schedule A of Security Capital Research & Management Incorporated
        Nov 6, 2019 · Control person joined · fact
      • Sandra Belmonti (Executive Director) appeared on Schedule A of Security Capital Research & Management Incorporated
        Nov 6, 2019 · Control person joined · fact
      • Thomas Richard Madsen (Director) no longer on Schedule A of Security Capital Research & Management Incorporated (listed 2019-06-12, absent 2019-11-06)
        Nov 6, 2019 · Control person left · inference
      • John Lawrence Fuchs (Managing Director) no longer on Schedule A of Security Capital Research & Management Incorporated (listed 2019-06-12, absent 2019-11-06)
        Nov 6, 2019 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      securitycapital.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      312-385-8320reportedpublic record, Form ADV, Mar 31, 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
      Other adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026