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

Vanguard Advisers, Inc.

Broker-dealer affiliated wealth managerMalvern, PennsylvaniaCRD 106715SEC 801-49601websiteIAPD
Latest filing Aug 20, 2026
First filing on the tape Mar 29, 2012 · 120 filings
SEC status approved since Jul 28, 1995
RAUM
$345B
reported, Item 5.F
Discretionary
35%
of RAUM
Private clients
96%
$329B individuals and HNW
Advisors
2,422
registered through the firm on IAPD
RAUM per advisor
$142M
derived; firm RAUM over IAPD count
Employees
2,208
1,903 advisory (5.B.1)
Offices
2,225
beyond the principal office
Private funds
0
reported on Schedule D
History
120 filings and snapshots on the tape
RAUM$345B as of Aug 20, 2026
Mar 29, 2012$22B then
HNW client RAUM$165B as of Aug 20, 2026
Mar 29, 2018$47B then
State-registered IARs (5.B.3)1,941 as of Aug 20, 2026
Mar 29, 20120 then
Employees (5.A)2,208 as of Aug 20, 2026
Mar 28, 2013290 then
Private funds: no history
RAUM +15% over the last fiscal year+4.8% a year over threeIARs 1,775 to 1,941
Practice profile
derived from the filing of Aug 20, 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)
  • 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
$142MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
326derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.1MderivedHNW RAUM over HNW clients
Average account
$435,385derivedRAUM over accounts (5.F.2.f)
Discretionary
35%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
0.9derivedItem 5.A over advisors
Advisors per office
1.1derived2,226 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
+9.4%derivedItem 5.B.3 between annual amendments
Client growth, one year
-3.2%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Financial planning clients
87,827reportedItem 5.H
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)
  • 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)
  • an independent public accountant performs a surprise examination (9.C.1)
  • a related person acts as qualified custodian (9.D.2)
  • 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
  • Individuals$165B48%
  • High-net-worth individuals$165B48%
  • Pooled investment vehicles$15B4.4%
Individual clients
711,336reported
HNW clients
80,159reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
791,528reported
Financial planning clients
87,827reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.96 fund_share=0.04 institutional_share=0.0 related_bd=true related_bank=true bd_reps=1938.0derived
Advisors registered through the firm
2,437 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Judith Ann MartinezMalvern, PaSep 13, 199630 y0
Francis Michael KinniryChartered Financial AnalystMalvern, PaJan 4, 199934 y0
Raymond Cornelius QuereyMalvern, PaJul 27, 200032 y0
Jimmy Joseph SilvanoMalvern, PaAug 28, 200035 y0
Matthew Fred WrightCertified Financial PlannerMalvern, PaSep 11, 200031 y0
Scott Matthew DrahzalCertified Financial PlannerCharlotte, NcJan 17, 200227 y0
Robert Gerard KubiakMalvern, PaJul 30, 200228 y0
Christopher Stuart LukasevicsMalvern, PaJan 3, 200529 y0
Mark Raymond WalfordCertified Financial PlannerScottsdale, AzApr 28, 200529 y0
Bryan Todd PentzCharlotte, NcJun 16, 200528 y0
Timothy James TrautValley Forge, PaJul 6, 200528 y0
Roberto Gonzalez VigilCharlotte, NcSep 8, 200527 y0
Jeremy Alan BeilMalvern, PaAug 14, 200624 y0
Kyle David RotthoffCertified Financial PlannerCharlotte, NcJan 23, 200723 y0
Shane Patrick CollinsScottsdale, AzFeb 5, 200722 y0
Anthony Warren VidettoMalvern, PaSep 11, 200721 y0
Charles Nelson RileyMalvern, PaOct 6, 200828 y0
Craig Fetters MclaneCertified Financial PlannerScottsdale, AzJan 2, 200923 y0
Lucas Andrew ZubrodCertified Financial PlannerCharlotte, NcJan 7, 200927 y1
Vincent Ronald HamCertified Financial PlannerMalvern, PaJan 14, 200925 y0
George Albert CentenoCertified Financial PlannerPlano, TxNov 6, 200920 y0
Daniel P QuinnCertified Financial PlannerMalvern, PaMar 25, 201021 y0
Benjamin D CohenCertified Financial PlannerMalvern, PaJun 11, 201019 y0
Ryan Michael AdamsCertified Financial PlannerMalvern, PaJun 22, 201021 y0
Sarah Elizabeth HindCertified Financial PlannerCharlotte, NcOct 8, 201022 y1
Colin Patrick CanavanCertified Financial PlannerScottsdale, AzDec 20, 201022 y1
Joseph John CaufieldCertified Financial PlannerMalvern, PaJan 3, 201121 y0
Randolph Riley RoarkCertified Financial PlannerCharlotte, NcJan 3, 201122 y0
Alan Michael StutmanCertified Financial PlannerMalvern, PaJan 3, 201121 y0
Kimberly Schnatz WhitlockCertified Financial PlannerCharlotte, NcJan 3, 201120 y0
Thomas Stephen CoakleyCertified Financial PlannerCharlotte, NcJan 3, 201121 y0
Christopher Allen EsserCertified Financial PlannerScottsdale, AzMay 17, 201130 y2
Nilay GandhiCertified Financial PlannerMalvern, PaJul 11, 201118 y0
Michael Josef SimekCertified Financial PlannerMalvern, PaJul 11, 201121 y0
Jon Robert EnglemanCertified Financial PlannerMalvern, PaJul 12, 201118 y0
Jesse S PowersCertified Financial PlannerCharlotte, NcOct 25, 201121 y0
Melquiades VillalobosCertified Financial PlannerScottsdale, AzDec 13, 201118 y0
Charles Christopher BallCertified Financial PlannerCharlotte, NcDec 13, 201119 y0
Ryan William StenderCertified Financial PlannerMalvern, PaJan 6, 201219 y0
Katherine Joan O'DonnellMalvern, PaJan 6, 201227 y0
All 2,437 advisors at Vanguard Advisers, Inc.
Advisor movement
113 left, 281 joined in 12 months
net +168 in 12 months28 left in 90 days85 joined in 90 daysdeparture rate 4.7% of current headcount491 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • John Matthew Benchener · Directorcontrol
    since 12/2020 · owns less than 5%
  • Wesley John Bendl · Directorcontrol
    since 07/2025 · owns less than 5%
  • Edmund John Bisordi · Director And General Counselcontrol
    since 02/2022 · owns less than 5%
  • Acheampomaa Amma Boateng · Directorcontrol
    since 06/2024 · owns less than 5%
  • Clark Matthew Brancato · Directorcontrol
    since 05/2020 · owns less than 5%
  • Bruce David Petty · Chief Financial Officercontrol
    since 10/2021 · owns less than 5%
  • Ann Karin Risi · Directorcontrol
    since 05/2015 · owns less than 5%
  • Thomas Michael Rollings · Directorcontrol
    since 09/2016 · owns less than 5%
  • Michelle Joanna Rotenberg · Chair & Directorcontrol
    since 12/2025 · owns less than 5%
  • Edward John Schadl · Directorcontrol
    since 07/2026 · owns less than 5%
  • Ann Carrie Simons · Chief Financial Officercontrol
    since 03/2026 · owns less than 5%
  • Christopher Marc Stewart · Chief Compliance Officercontrol
    since 08/2023 · owns less than 5%
Entity owners
  • Goliath, Inc, A Wholly Owned Subsidiary Of The Vanguard Group Inc · Stockholder
    direct · owns 75% or more
  • The Vanguard Group, Inc. · Stockholder
    indirect · owns 75% or more of Goliath, Inc
  • Vanguard Index Funds · Stockholder
    indirect · owns 25% to 50% of The Vanguard Group, Inc.
Related persons
Schedule D 7.A
Advisers that list Vanguard Advisers, Inc. as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Malvern, Pa · principal803183351
Charlotte, Nc700186372
Scottsdale, Az685207312
Plano, Tx2291139
Cave Creek, Az200
Philadelphia, Pa101
Ocala, Fl000
Phoenix, Az000
Odessa, Fl000
Offices
Schedule D 1.F, the 25 largest
  • Scottsdale, AZ417 employees
  • Charlotte, NC371 employees
  • Plano, TX110 employees
  • , 1 employees
ADV anomalies
10 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Aug 20, 2026
    SIMONS, CARRIE, ANN (CHIEF FINANCIAL OFFICER) appeared on Schedule A between the filings of 2023-08-24 and 2026-08-20
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Aug 20, 2026
    BOATENG, AMMA, ACHEAMPOMAA (DIRECTOR) appeared on Schedule A between the filings of 2023-08-24 and 2026-08-20
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Aug 20, 2026
    SCHADL, JOHN, EDWARD (DIRECTOR) appeared on Schedule A between the filings of 2023-08-24 and 2026-08-20
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Aug 20, 2026
    BENDL, JOHN, WESLEY (DIRECTOR) appeared on Schedule A between the filings of 2023-08-24 and 2026-08-20
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Aug 20, 2026
    ROTENBERG, JOANNA, MICHELLE (CHAIR & DIRECTOR) appeared on Schedule A between the filings of 2023-08-24 and 2026-08-20
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Aug 20, 2026
    ROLLINGS, MICHAEL, THOMAS (DIRECTOR) left Schedule A between the filings of 2023-08-24 and 2026-08-20
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Aug 20, 2026
    RISI, KARIN, ANN (DIRECTOR) left Schedule A between the filings of 2023-08-24 and 2026-08-20
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Aug 20, 2026
    BENCHENER, MATTHEW, JOHN (DIRECTOR) left Schedule A between the filings of 2023-08-24 and 2026-08-20
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Aug 20, 2026
    PETTY, DAVID, BRUCE (CHIEF FINANCIAL OFFICER) left Schedule A between the filings of 2023-08-24 and 2026-08-20
    peers: affiliated wealth managers, $20B and over (50)
  • control person changedChange between filings · filing Aug 20, 2026
    BISORDI, JOHN, EDMUND (DIRECTOR AND GENERAL COUNSEL) left Schedule A between the filings of 2023-08-24 and 2026-08-20
    peers: affiliated wealth managers, $20B and over (50)
What changed
consecutive filings, newest first
  • Accounts · 698,843 to 791,528
    Feb 25, 2026 to Mar 30, 2026
  • Advisory employees · 1,567 to 1,903
    Feb 25, 2026 to Mar 30, 2026
  • BD registered reps · 2,050 to 1,938
    Feb 25, 2026 to Mar 30, 2026
  • HNW clients · 73,708 to 80,159
    Feb 25, 2026 to Mar 30, 2026
  • Individual clients · 743,587 to 711,336
    Feb 25, 2026 to Mar 30, 2026
  • Employees · 2,225 to 2,208
    Feb 25, 2026 to Mar 30, 2026
  • State-registered IARs · 1,775 to 1,941
    Feb 25, 2026 to Mar 30, 2026
  • Discretionary RAUM · $108B to $121B
    Feb 25, 2026 to Mar 30, 2026
  • HNW RAUM · $127B to $165B
    Feb 25, 2026 to Mar 30, 2026
  • Individual RAUM · $160B to $165B
    Feb 25, 2026 to Mar 30, 2026
  • Non-discretionary RAUM · $193B to $224B
    Feb 25, 2026 to Mar 30, 2026
  • Pooled vehicle RAUM · $14B to $15B
    Feb 25, 2026 to Mar 30, 2026
  • RAUM · $300B to $345B
    Feb 25, 2026 to Mar 30, 2026
  • Financial planning clients · More than 500 to More than 500
    May 20, 2025 to Jul 31, 2025
  • Accounts · 804,462 to 698,843
    Feb 12, 2025 to Apr 30, 2025
  • Advisory employees · 1,558 to 1,567
    Feb 12, 2025 to Apr 30, 2025
  • BD registered reps · 1,984 to 2,050
    Feb 12, 2025 to Apr 30, 2025
  • Charity clients · 908 to 0
    Feb 12, 2025 to Apr 30, 2025
  • Corporate clients · 139 to 0
    Feb 12, 2025 to Apr 30, 2025
  • HNW clients · 54,878 to 73,708
    Feb 12, 2025 to Apr 30, 2025
  • Individual clients · 748,343 to 743,587
    Feb 12, 2025 to Apr 30, 2025
  • Pension plan clients · 115 to 0
    Feb 12, 2025 to Apr 30, 2025
  • Employees · 2,107 to 2,225
    Feb 12, 2025 to Apr 30, 2025
  • State-registered IARs · 1,883 to 1,775
    Feb 12, 2025 to Apr 30, 2025
  • Other offices · 2,107 to 2,225
    Feb 12, 2025 to Apr 30, 2025
  • Discretionary RAUM · $144B to $108B
    Feb 12, 2025 to Apr 30, 2025
  • HNW RAUM · $107B to $127B
    Feb 12, 2025 to Apr 30, 2025
  • Individual RAUM · $149B to $160B
    Feb 12, 2025 to Apr 30, 2025
  • Non-discretionary RAUM · $189B to $193B
    Feb 12, 2025 to Apr 30, 2025
  • Pension RAUM · $14B to $0
    Feb 12, 2025 to Apr 30, 2025
  • Pooled vehicle RAUM · $13B to $14B
    Feb 12, 2025 to Apr 30, 2025
  • RAUM · $333B to $300B
    Feb 12, 2025 to Apr 30, 2025
  • Accounts · 634,470 to 804,462
    Jan 2, 2024 to Mar 28, 2024
  • Advisory employees · 1,612 to 1,558
    Jan 2, 2024 to Mar 28, 2024
  • BD registered reps · 2,044 to 1,984
    Jan 2, 2024 to Mar 28, 2024
  • Charity clients · 958 to 908
    Jan 2, 2024 to Mar 28, 2024
  • Corporate clients · 180 to 139
    Jan 2, 2024 to Mar 28, 2024
  • HNW clients · 46,353 to 54,878
    Jan 2, 2024 to Mar 28, 2024
  • Individual clients · 745,843 to 748,343
    Jan 2, 2024 to Mar 28, 2024
  • Pension plan clients · 125 to 115
    Jan 2, 2024 to Mar 28, 2024
Signals
60 dated events
  • Bridget Nolan Kyle no longer holds an investment adviser registration (last listed at Vanguard Advisers, Inc. on the 2026-09-16 feed)
    Sep 16, 2026 · Advisor registration ended · derived
  • Steven Winnfield Creed no longer holds an investment adviser registration (last listed at Vanguard Advisers, Inc. on the 2026-09-16 feed)
    Sep 16, 2026 · Advisor registration ended · derived
  • Richard Hakim Drew registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 16, 2026 · Advisor registered · fact
  • Richard Scott Padow registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 16, 2026 · Advisor registered · fact
  • Gavin Craig Yohn registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 16, 2026 · Advisor registered · fact
  • Marcela Guadalupe Agredano Becerra registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 16, 2026 · Advisor registered · fact
  • Alejandro Martinez registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 16, 2026 · Advisor registered · fact
  • Kelly Rae Zanto no longer holds an investment adviser registration (last listed at Vanguard Advisers, Inc. on the 2026-09-15 feed)
    Sep 15, 2026 · Advisor registration ended · derived
  • James Addison Maier registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 15, 2026 · Advisor registered · fact
  • Cameron Michael Wiebe registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 15, 2026 · Advisor registered · fact
  • William Walter Willson registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 15, 2026 · Advisor registered · fact
  • Philip Mark Sharpe registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 15, 2026 · Advisor registered · fact
  • Hailey Covert Mcdonald added a AZ registration at Vanguard Advisers, Inc.
    Sep 15, 2026 · New state registration · fact
  • Zachary Daniel Ferentz no longer holds an investment adviser registration (last listed at Vanguard Advisers, Inc. on the 2026-09-14 feed)
    Sep 14, 2026 · Advisor registration ended · derived
  • Joseph Okechukwu Anyanwu no longer holds an investment adviser registration (last listed at Vanguard Advisers, Inc. on the 2026-09-14 feed)
    Sep 14, 2026 · Advisor registration ended · derived
  • Aidan Robert Simpson no longer holds an investment adviser registration (last listed at Vanguard Advisers, Inc. on the 2026-09-14 feed)
    Sep 14, 2026 · Advisor registration ended · derived
  • Grace Erica Buchanan no longer holds an investment adviser registration (last listed at Vanguard Advisers, Inc. on the 2026-09-14 feed)
    Sep 14, 2026 · Advisor registration ended · derived
  • Kasumi Callaway no longer holds an investment adviser registration (last listed at Vanguard Advisers, Inc. on the 2026-09-14 feed)
    Sep 14, 2026 · Advisor registration ended · derived
  • Jackson Joshua Klein registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 14, 2026 · Advisor registered · fact
  • Hale Burgess Hollis registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 14, 2026 · Advisor registered · fact
  • Benjamin Ryan Loftin registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 14, 2026 · Advisor registered · fact
  • Thomas Logan Kabler registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 14, 2026 · Advisor registered · fact
  • Jacob Henry Baranowski registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 14, 2026 · Advisor registered · fact
  • Robyn Florence Harwood registered as an investment adviser representative at Vanguard Advisers, Inc.
    Sep 14, 2026 · Advisor registered · fact
  • Cameron Nicholas Kerkes left Vanguard Advisers, Inc. for Mariner (registered 2026-09-04)
    Sep 10, 2026 · Advisor changed firm · fact
  • Hailey Covert Mcdonald added a TX registration at Vanguard Advisers, Inc.
    Sep 10, 2026 · New state registration · fact
  • Carlos Benitez left Vanguard Advisers, Inc. for Schwab Wealth Advisory, Inc. (registered 2026-09-15)
    Sep 10, 2026 · Advisor changed firm · fact
  • Joyce Edith Breinlinger left Vanguard Advisers, Inc. for Edward Jones (registered 2026-09-01)
    Sep 7, 2026 · Advisor changed firm · fact
  • Kyle Paul Mahle left Vanguard Advisers, Inc. for Silver Oak Securities, Inc. (registered 2026-08-21)
    Aug 31, 2026 · Advisor changed firm · fact
  • Robert Michael Starinsky left Vanguard Advisers, Inc. for Level Wealth Management Llc (registered 2026-08-24)
    Aug 24, 2026 · 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 phone
800-814-6203reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
877-665-8495reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
877-665-8498reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
LINKEDIN.COM/COMPANY/VANGUARDreportedpublic record, Form ADV, Sep 17, 2026
Website
investor.vanguard.com/advicereportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
610-669-1000reportedpublic record, Form ADV, Aug 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
Broker-dealer affiliated wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$142Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026