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.

Former SEC-registered adviser

Caprin Asset Management, LLC

Former SEC-registered adviserHenrico, VirginiaCRD 106657SEC 801-53959IAPD
Legal name Caprin Asset Management LLC
Latest filing Mar 22, 2022
First filing on the tape Dec 19, 2011 · 30 filings
RAUM
$1.4B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
77%
$1.1B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
10
6 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$1.4B as of Mar 22, 2022
Jan 12, 2012$1.1B then
HNW client RAUM$1.1B as of Mar 22, 2022
Mar 28, 2018$962M then
State-registered IARs (5.B.3)8 as of Mar 22, 2022
Feb 21, 201312 then
Employees (5.A)10 as of Mar 22, 2022
Feb 21, 201316 then
Private funds: no history
RAUM -1.2% over the last fiscal year+2.0% a year over threeIARs 9 to 8
Practice profile
derived from the filing of Mar 22, 2022; every figure names its basis
RAUM per advisor
$172MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
122derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.1MderivedHNW RAUM over HNW clients
Average account
$1.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
18%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
4.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-1.2%derivedbetween the last two annual amendments
Advisor growth, one year
-11%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.6%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, publications, educational seminarsreportedItem 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
  • 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$1.1B77%
  • Charitable organizations$141M10%
  • State and municipal entities$98.2M7.1%
  • Corporations and businesses$46.9M3.4%
  • Other investment advisers$21.9M1.6%
  • Pension and profit-sharing plans$2.8M0.2%
Individual clients
0reported
HNW clients
978reported
Pension plan clients
3reported
Charitable clients
18reported
Accounts
1,067reported
Financial planning clients
n/areported
Wrap fee programs
$0 sponsored, $630M managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Louis Michael Hoover · Elected Manager And Presidentcontrol
      since 03/2007 · owns 25% to 50%
    • Bryan Edwin Horner · Elected Managercontrol
      since 12/2011 · owns 25% to 50%
    • Lynn Cheryl Page · Managing Directorcontrol
      since 03/2007 · owns 25% to 50%
    • S Adam Plotkin · Elected Manager And Chief Compliance Officercontrol
      since 03/2016 · owns 5% to 10%
    • Mills Peyton Studebaker · Managing Director
      since 09/2014 · owns 5% to 10%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    • Lynchburg, VA1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 1,062 to 1,067
      Mar 30, 2021 to Mar 22, 2022
    • Charity clients · 17 to 18
      Mar 30, 2021 to Mar 22, 2022
    • HNW clients · 972 to 978
      Mar 30, 2021 to Mar 22, 2022
    • Pension plan clients · 4 to 3
      Mar 30, 2021 to Mar 22, 2022
    • Employees · 11 to 10
      Mar 30, 2021 to Mar 22, 2022
    • State-registered IARs · 9 to 8
      Mar 30, 2021 to Mar 22, 2022
    • Discretionary RAUM · $1.4B to $1.4B
      Mar 30, 2021 to Mar 22, 2022
    • HNW RAUM · $1.1B to $1.1B
      Mar 30, 2021 to Mar 22, 2022
    • Pension RAUM · $3.7M to $2.8M
      Mar 30, 2021 to Mar 22, 2022
    • RAUM · $1.4B to $1.4B
      Mar 30, 2021 to Mar 22, 2022
    • Wrap assets (manager) · $647M to $630M
      Mar 30, 2021 to Mar 22, 2022
    • Accounts · 1,059 to 1,062
      Jun 24, 2020 to Mar 30, 2021
    • Corporate clients · 29 to 30
      Jun 24, 2020 to Mar 30, 2021
    • HNW clients · 966 to 972
      Jun 24, 2020 to Mar 30, 2021
    • State-registered IARs · 10 to 9
      Jun 24, 2020 to Mar 30, 2021
    • Discretionary RAUM · $1.4B to $1.4B
      Jun 24, 2020 to Mar 30, 2021
    • HNW RAUM · $1.0B to $1.1B
      Jun 24, 2020 to Mar 30, 2021
    • Pension RAUM · $3.3M to $3.7M
      Jun 24, 2020 to Mar 30, 2021
    • RAUM · $1.4B to $1.4B
      Jun 24, 2020 to Mar 30, 2021
    • Wrap assets (manager) · $586M to $647M
      Jun 24, 2020 to Mar 30, 2021
    • Accounts · 1,032 to 1,059
      May 30, 2019 to Mar 23, 2020
    • Charity clients · 18 to 17
      May 30, 2019 to Mar 23, 2020
    • Corporate clients · 33 to 29
      May 30, 2019 to Mar 23, 2020
    • HNW clients · 928 to 966
      May 30, 2019 to Mar 23, 2020
    • Discretionary RAUM · $1.3B to $1.4B
      May 30, 2019 to Mar 23, 2020
    • HNW RAUM · $957M to $1.0B
      May 30, 2019 to Mar 23, 2020
    • Pension RAUM · $3.2M to $3.3M
      May 30, 2019 to Mar 23, 2020
    • RAUM · $1.3B to $1.4B
      May 30, 2019 to Mar 23, 2020
    • Wrap assets (manager) · $540M to $586M
      May 30, 2019 to Mar 23, 2020
    • Accounts · 1,044 to 1,032
      Mar 19, 2019 to May 30, 2019
    • Charity clients · 19 to 18
      Mar 19, 2019 to May 30, 2019
    • HNW clients · 938 to 928
      Mar 19, 2019 to May 30, 2019
    • Pension plan clients · 5 to 4
      Mar 19, 2019 to May 30, 2019
    • Employees · 10 to 11
      Mar 19, 2019 to May 30, 2019
    • State-registered IARs · 8 to 10
      Mar 19, 2019 to May 30, 2019
    • Discretionary RAUM · $1.3B to $1.3B
      Mar 19, 2019 to May 30, 2019
    • HNW RAUM · $946M to $957M
      Mar 19, 2019 to May 30, 2019
    • Pension RAUM · $4.5M to $3.2M
      Mar 19, 2019 to May 30, 2019
    • RAUM · $1.3B to $1.3B
      Mar 19, 2019 to May 30, 2019
    • Wrap assets (manager) · $537M to $540M
      Mar 19, 2019 to May 30, 2019
    Signals
    6 dated events
    • Benjamin Tracy Bishop left Caprin Asset Management, Llc for Davidson Investment Advisors, Inc. (registered 2023-03-01)
      Mar 10, 2023 · Advisor changed firm · fact
    • Cheryl Lynn Page left Caprin Asset Management, Llc for Davidson Investment Advisors, Inc. (registered 2023-03-01)
      Mar 10, 2023 · Advisor changed firm · fact
    • Herbert Barrow Turner left Caprin Asset Management, Llc for Davidson Investment Advisors, Inc. (registered 2023-03-01)
      Mar 10, 2023 · Advisor changed firm · fact
    • Caprin Asset Management, LLC's advisors moved to Davidson Investment Advisors, Inc. (Henrico, VA): 5 of 5 registered, on the same day
      Mar 10, 2023 · Firm absorbed (people side) · derived
    • Daniel Marc Peimer left Caprin Asset Management, Llc for Davidson Investment Advisors, Inc. (registered 2023-03-13)
      Mar 10, 2023 · Advisor changed firm · fact
    • Peyton Mills Studebaker left Caprin Asset Management, Llc for Davidson Investment Advisors, Inc. (registered 2023-03-01)
      Mar 10, 2023 · Advisor changed firm · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    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
    Former SEC-registered 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