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

Diversified Management Inc

Independent wealth managerMilwaukee, WisconsinCRD 106680SEC 801-46436websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 27, 2012 · 33 filings
SEC status approved since May 18, 1994
RAUM
$1.9B
reported, Item 5.F
Discretionary
93%
of RAUM
Private clients
94%
$1.7B individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$311M
derived; firm RAUM over IAPD count
Employees
8
6 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$1.9B as of Mar 30, 2026
Mar 27, 2012$607M then
HNW client RAUM$1.7B as of Mar 30, 2026
Mar 29, 2018$1.0B then
State-registered IARs (5.B.3)6 as of Mar 30, 2026
Mar 19, 20136 then
Employees (5.A)8 as of Mar 30, 2026
Mar 19, 20138 then
Private funds: no history
RAUM +10% over the last fiscal year+9.1% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Mar 30, 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
RAUM per advisor
$311MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
57derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$8.0MderivedHNW RAUM over HNW clients
Average account
$1.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
93%derivedof RAUM
Institutional
6.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
3.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+10%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.1%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Custody
$740M, 164 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.7B91%
  • Charitable organizations$118M6.3%
  • Individuals$53.0M2.8%
Individual clients
127reported
HNW clients
212reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
1,650reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$740M for 164 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.94 fund_share=0.0 institutional_share=0.06 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Michael Paul SchmidtCertified Financial PlannerScottsdale, Az Jun 12, 200130 y0
Michael Patrick EganCertified Financial PlannerMilwaukee, WiDec 18, 200329 y0
Garren Lindsay AgleCertified Financial PlannerMilwaukee, WiJun 13, 200722 y0
Kylee J. ParadowskiMilwaukee, WiOct 16, 202010 y0
Guy Matthew EckmanCertified Financial PlannerMilwaukee, WiJan 4, 202410 y1
Chad Andrew ThistleCertified Financial PlannerMilwaukee, WiJan 14, 202426 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 headcount1 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Lindsay Garren Agle · Vice President & Chief Information Officercontrol
    since 03/2017 · owns 10% to 25%
  • Patrick Michael Egan · Managing Director And Chief Investment Officercontrol
    since 03/2017 · owns 10% to 25%
  • Paul Michael Schmidt · Chairman, President And Chief Compliance Officercontrol
    since 03/2017 · owns 25% to 50%
  • Andrew Chad Thistle · Chief Financial Officercontrol
    since 01/2009 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Milwaukee, Wi · principal600
Offices
Schedule D 1.F, the 25 largest
  • Scottsdale, AZ1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Mar 30, 2026
    SCHMIDT, MICHAEL, PAUL (CHAIRMAN, PRESIDENT AND CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2017-03-27 and 2026-03-30
    peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
  • Accounts · 1,706 to 1,650
    Jan 2, 2026 to Mar 30, 2026
  • Charity clients · 34 to 1
    Jan 2, 2026 to Mar 30, 2026
  • HNW clients · 217 to 212
    Jan 2, 2026 to Mar 30, 2026
  • Individual clients · 115 to 127
    Jan 2, 2026 to Mar 30, 2026
  • Assets in custody · $734M to $740M
    Jan 2, 2026 to Mar 30, 2026
  • Discretionary RAUM · $1.6B to $1.7B
    Jan 2, 2026 to Mar 30, 2026
  • HNW RAUM · $1.5B to $1.7B
    Jan 2, 2026 to Mar 30, 2026
  • Individual RAUM · $45.7M to $53.0M
    Jan 2, 2026 to Mar 30, 2026
  • Non-discretionary RAUM · $96.9M to $133M
    Jan 2, 2026 to Mar 30, 2026
  • RAUM · $1.7B to $1.9B
    Jan 2, 2026 to Mar 30, 2026
  • Accounts · 1,640 to 1,706
    Feb 14, 2025 to Mar 27, 2025
  • Charity clients · 32 to 34
    Feb 14, 2025 to Mar 27, 2025
  • HNW clients · 215 to 217
    Feb 14, 2025 to Mar 27, 2025
  • Individual clients · 116 to 115
    Feb 14, 2025 to Mar 27, 2025
  • Assets in custody · $724M to $734M
    Feb 14, 2025 to Mar 27, 2025
  • Employees · 7 to 8
    Feb 14, 2025 to Mar 27, 2025
  • Financial planning clients · 101-250 to 101-250
    Feb 14, 2025 to Mar 27, 2025
  • Discretionary RAUM · $1.5B to $1.6B
    Feb 14, 2025 to Mar 27, 2025
  • HNW RAUM · $1.4B to $1.5B
    Feb 14, 2025 to Mar 27, 2025
  • Individual RAUM · $46.6M to $45.7M
    Feb 14, 2025 to Mar 27, 2025
  • Non-discretionary RAUM · $101M to $96.9M
    Feb 14, 2025 to Mar 27, 2025
  • RAUM · $1.6B to $1.7B
    Feb 14, 2025 to Mar 27, 2025
  • Advisory employees · 7 to 6
    Mar 28, 2024 to Apr 28, 2024
  • Employees · 8 to 7
    Mar 28, 2024 to Apr 28, 2024
  • State-registered IARs · 7 to 6
    Mar 28, 2024 to Apr 28, 2024
  • Accounts · 1,617 to 1,640
    Jan 4, 2024 to Mar 28, 2024
  • Advisory employees · 6 to 7
    Jan 4, 2024 to Mar 28, 2024
  • Charity clients · 30 to 32
    Jan 4, 2024 to Mar 28, 2024
  • HNW clients · 193 to 215
    Jan 4, 2024 to Mar 28, 2024
  • Individual clients · 129 to 116
    Jan 4, 2024 to Mar 28, 2024
  • Assets in custody · $669M to $724M
    Jan 4, 2024 to Mar 28, 2024
  • Discretionary RAUM · $1.3B to $1.5B
    Jan 4, 2024 to Mar 28, 2024
  • HNW RAUM · $1.3B to $1.4B
    Jan 4, 2024 to Mar 28, 2024
  • Individual RAUM · $47.3M to $46.6M
    Jan 4, 2024 to Mar 28, 2024
  • Non-discretionary RAUM · $101M to $101M
    Jan 4, 2024 to Mar 28, 2024
  • RAUM · $1.4B to $1.6B
    Jan 4, 2024 to Mar 28, 2024
  • Advisory employees · 5 to 6
    Jul 12, 2023 to Jan 4, 2024
  • Employees · 7 to 8
    Jul 12, 2023 to Jan 4, 2024
  • State-registered IARs · 6 to 7
    Jul 12, 2023 to Jan 4, 2024
  • Advisory employees · 6 to 5
    Mar 30, 2023 to Jun 30, 2023
Signals
1 dated events
  • Patrick James Weyer left Diversified Management Inc for Operose Advisors Llc (registered 2024-05-01)
    Apr 28, 2024 · 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.
How to reach
public business contact points only, each with its source
Business email
info@creamcityinvest.comreportedpublished by the firm, firm site, Sep 17, 2026
Business phone
414-292-1914reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
414-292-1919reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/cream-city-investment-servicesreportedpublic record, Form ADV, Sep 17, 2026
Firm profile
linkedin.com/company/diversified-management-inc.reportedpublic record, Form ADV, Sep 17, 2026
Website
CREAMCITYINVEST.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
414-292-1900reportedpublic record, Form ADV, Mar 30, 2026
Contact form
creamcityinvestments.com/contactreportedpublished by the firm, firm site, Sep 17, 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
$311Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026