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

Tilden Loucks & Woodnorth LLC

Independent wealth managerElmhurst, IllinoisCRD 106713SEC 801-47188websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Feb 27, 2012 · 48 filings
SEC status approved since Aug 15, 1994
RAUM
$173M
reported, Item 5.F
Discretionary
9.4%
of RAUM
Private clients
54%
$93.0M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$86.6M
derived; firm RAUM over IAPD count
Employees
4
0 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
48 filings and snapshots on the tape
RAUM$173M as of Mar 30, 2026
Feb 27, 2012$107M then
HNW client RAUM$85.0M as of Mar 30, 2026
Mar 29, 2018$69.5M then
State-registered IARs (5.B.3)4 as of Mar 30, 2026
Feb 27, 20120 then
Employees (5.A)4 as of Mar 30, 2026
Mar 26, 20134 then
Private funds: no history
RAUM +7.1% over the last fiscal year+7.8% a year over threeIARs 1 to 4
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
  • Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
RAUM per advisor
$86.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
23derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.5MderivedHNW RAUM over HNW clients
Average account
$3.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
9.4%derivedof RAUM
Institutional
37%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
0.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+7.1%derivedbetween the last two annual amendments
Advisor growth, one year
+300%derivedItem 5.B.3 between annual amendments
Client growth, one year
-4.3%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
Custody
$173M, 47 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
  • is a broker-dealer (6.A.1)
  • is an insurance broker or agent (6.A.6)
  • 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)
  • 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$85.0M49%
  • Charitable organizations$64.1M37%
  • Corporations and businesses$16.2M9.4%
  • Individuals$8.0M4.6%
Individual clients
26reported
HNW clients
19reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
47reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$173M for 47 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.54 fund_share=0.0 institutional_share=0.37 related_bd=true related_bank=false bd_reps=4.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Daniel John SchlesserElmhurst, Il Jun 7, 200639 y0
Vincent Edward IncertoElmhurst, Il Apr 25, 201917 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
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Mitchell Michael Drozd · Chief Investment Officercontrol
        since 07/2024 · owns less than 5%
      • Edward Vincent Incerto · Chief Compliance Officercontrol
        since 01/2018 · owns less than 5%
      • John Daniel Schlesser · C.F.O./Treasurercontrol
        since 11/1990 · owns 50% to 75%
      Entity owners
      • Lasalle St. Holdings, LLC ("Lsh") Formerly Known As Mcdermott Holdings 1, LP. · Sole Owner/Manager
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      Advisers that list Tilden Loucks & Woodnorth LLC as a related person
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Elmhurst, Il · principal200
      Offices
      Schedule D 1.F, the 25 largest
      • Deerfield, IL4 employees
      • Elmhurst, IL1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 49 to 47
        Dec 3, 2025 to Mar 30, 2026
      • BD registered reps · 2 to 4
        Dec 3, 2025 to Mar 30, 2026
      • Individual clients · 28 to 26
        Dec 3, 2025 to Mar 30, 2026
      • Assets in custody · $162M to $173M
        Dec 3, 2025 to Mar 30, 2026
      • Employees · 2 to 4
        Dec 3, 2025 to Mar 30, 2026
      • State-registered IARs · 1 to 4
        Dec 3, 2025 to Mar 30, 2026
      • Discretionary RAUM · $15.2M to $16.2M
        Dec 3, 2025 to Mar 30, 2026
      • HNW RAUM · $78.5M to $85.0M
        Dec 3, 2025 to Mar 30, 2026
      • Individual RAUM · $7.6M to $8.0M
        Dec 3, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $147M to $157M
        Dec 3, 2025 to Mar 30, 2026
      • RAUM · $162M to $173M
        Dec 3, 2025 to Mar 30, 2026
      • Accounts · 51 to 49
        Jul 30, 2024 to Mar 28, 2025
      • Individual clients · 30 to 28
        Jul 30, 2024 to Mar 28, 2025
      • Assets in custody · $150M to $162M
        Jul 30, 2024 to Mar 28, 2025
      • Financial planning clients · 0 to 0
        Jul 30, 2024 to Mar 28, 2025
      • Discretionary RAUM · $14.3M to $15.2M
        Jul 30, 2024 to Mar 28, 2025
      • HNW RAUM · $71.7M to $78.5M
        Jul 30, 2024 to Mar 28, 2025
      • Individual RAUM · $7.8M to $7.6M
        Jul 30, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $136M to $147M
        Jul 30, 2024 to Mar 28, 2025
      • RAUM · $150M to $162M
        Jul 30, 2024 to Mar 28, 2025
      • Accounts · 56 to 51
        Mar 29, 2023 to Mar 27, 2024
      • HNW clients · 18 to 19
        Mar 29, 2023 to Mar 27, 2024
      • Individual clients · 35 to 30
        Mar 29, 2023 to Mar 27, 2024
      • Pension plan clients · 1 to 0
        Mar 29, 2023 to Mar 27, 2024
      • Assets in custody · $138M to $150M
        Mar 29, 2023 to Mar 27, 2024
      • Discretionary RAUM · $13.2M to $14.3M
        Mar 29, 2023 to Mar 27, 2024
      • HNW RAUM · $66.0M to $71.7M
        Mar 29, 2023 to Mar 27, 2024
      • Individual RAUM · $10.3M to $7.8M
        Mar 29, 2023 to Mar 27, 2024
      • Non-discretionary RAUM · $125M to $136M
        Mar 29, 2023 to Mar 27, 2024
      • Pension RAUM · 313277.0 to unset
        Mar 29, 2023 to Mar 27, 2024
      • RAUM · $138M to $150M
        Mar 29, 2023 to Mar 27, 2024
      • Accounts · 64 to 56
        Nov 4, 2022 to Mar 29, 2023
      • HNW clients · 22 to 18
        Nov 4, 2022 to Mar 29, 2023
      • Individual clients · 38 to 35
        Nov 4, 2022 to Mar 29, 2023
      • Pension plan clients · 2 to 1
        Nov 4, 2022 to Mar 29, 2023
      • Assets in custody · $182M to $138M
        Nov 4, 2022 to Mar 29, 2023
      • Discretionary RAUM · $15.3M to $13.2M
        Nov 4, 2022 to Mar 29, 2023
      • HNW RAUM · $92.9M to $66.0M
        Nov 4, 2022 to Mar 29, 2023
      • Individual RAUM · $12.3M to $10.3M
        Nov 4, 2022 to Mar 29, 2023
      • Non-discretionary RAUM · $166M to $125M
        Nov 4, 2022 to Mar 29, 2023
      Signals
      2 dated events
      • Mitchell Michael Drozd (Chief Investment Officer) appeared on Schedule A of Tilden Loucks & Woodnorth Llc
        Jul 30, 2024 · Control person joined · fact
      • William John Mcdermott (President) no longer on Schedule A of Tilden Loucks & Woodnorth Llc (listed 2023-03-29, absent 2024-03-27)
        Mar 27, 2024 · 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
      Business phone
      800-777-7865reportedpublished by the firm, firm site, Sep 16, 2026
      Firm profile
      LINKEDIN.COM/COMPANY/91907reportedpublic record, Form ADV, Sep 17, 2026
      Website
      LASALLEST.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      312-475-1400reportedpublic record, Form ADV, Mar 30, 2026
      Contact form
      lasallest.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
      Team page
      lasallest.com/our-teamreportedpublished by the firm, firm site, Sep 16, 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
      $86.6Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026