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.

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SEC-registered adviser

H•• W••••• M••••••••• L••

Independent wealth managerCRD 106913SEC 801-50326IAPD
Latest filing Mar 18, 2026
First filing on the tape Mar 30, 2012 · 34 filings
SEC status approved since Oct 6, 1995
RAUM
$589M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
87%
$510M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$147M
derived; firm RAUM over IAPD count
Employees
6
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$589M as of Mar 18, 2026
Mar 30, 2012$112M then
HNW client RAUM$436M as of Mar 18, 2026
Mar 12, 2018$125M then
State-registered IARs (5.B.3)4 as of Mar 18, 2026
Mar 28, 20130 then
Employees (5.A)6 as of Mar 18, 2026
Mar 28, 20133 then
Private funds: no history
RAUM +2.6% over the last fiscal year+8.2% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 18, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • 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
$147MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
90derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.7MderivedHNW RAUM over HNW clients
Average account
$691,730derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
13%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+2.6%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.4%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 5.G
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$436M74%
  • Charitable organizations$78.2M13%
  • Individuals$73.3M12%
  • Corporations and businesses$774,3560.1%
Individual clients
202reported
HNW clients
159reported
Pension plan clients
0reported
Charitable clients
10reported
Accounts
851reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.87 fund_share=0.0 institutional_share=0.13 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M•••••• G••• R•••••Niskayuna, NyMay 23, 202116 y0
H•••••• F••••••• R••••• I•Niskayuna, NyMay 23, 202114 y0
H•••••• F••••••• R•••••Niskayuna, NyMay 23, 202134 y0
C••••••••• M•••••• H•••••Niskayuna, Ny May 30, 202129 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
      • R••••• I••• H••••••• F••••••• · President & Chief Compliance Officercontrol
        since 09/2004 · owns 75% or more
      • R••••• I•• H••••••• F••••••• · Vice President
        since 04/2021 · owns less than 5%
      • R•••••• M••••••• G••• · Vice President And Chief Technology Officer
        since 04/2021 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Niskayuna, Ny400
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 807 to 851
        Jun 30, 2025 to Mar 18, 2026
      • Charity clients · 8 to 10
        Jun 30, 2025 to Mar 18, 2026
      • HNW clients · 151 to 159
        Jun 30, 2025 to Mar 18, 2026
      • Individual clients · 198 to 202
        Jun 30, 2025 to Mar 18, 2026
      • Discretionary RAUM · $574M to $589M
        Jun 30, 2025 to Mar 18, 2026
      • HNW RAUM · $422M to $436M
        Jun 30, 2025 to Mar 18, 2026
      • Individual RAUM · $74.6M to $73.3M
        Jun 30, 2025 to Mar 18, 2026
      • RAUM · $574M to $589M
        Jun 30, 2025 to Mar 18, 2026
      • Financial planning clients · unset to
        Mar 20, 2025 to Jun 30, 2025
      • Accounts · 744 to 807
        Nov 22, 2024 to Mar 20, 2025
      • Charity clients · 6 to 8
        Nov 22, 2024 to Mar 20, 2025
      • HNW clients · 146 to 151
        Nov 22, 2024 to Mar 20, 2025
      • Individual clients · 172 to 198
        Nov 22, 2024 to Mar 20, 2025
      • HQ city · unset to
        Nov 22, 2024 to Mar 20, 2025
      • HQ state · unset to
        Nov 22, 2024 to Mar 20, 2025
      • Discretionary RAUM · $513M to $574M
        Nov 22, 2024 to Mar 20, 2025
      • HNW RAUM · $370M to $422M
        Nov 22, 2024 to Mar 20, 2025
      • Individual RAUM · $71.7M to $74.6M
        Nov 22, 2024 to Mar 20, 2025
      • RAUM · $513M to $574M
        Nov 22, 2024 to Mar 20, 2025
      • Accounts · 706 to 744
        Feb 20, 2024 to Mar 20, 2024
      • HNW clients · 135 to 146
        Feb 20, 2024 to Mar 20, 2024
      • Individual clients · 171 to 172
        Feb 20, 2024 to Mar 20, 2024
      • Discretionary RAUM · $465M to $513M
        Feb 20, 2024 to Mar 20, 2024
      • HNW RAUM · $325M to $370M
        Feb 20, 2024 to Mar 20, 2024
      • Individual RAUM · $68.1M to $71.7M
        Feb 20, 2024 to Mar 20, 2024
      • RAUM · $465M to $513M
        Feb 20, 2024 to Mar 20, 2024
      • Accounts · 683 to 706
        Nov 3, 2022 to Feb 22, 2023
      • Charity clients · unset to 6.0
        Nov 3, 2022 to Feb 22, 2023
      • HNW clients · 148 to 135
        Nov 3, 2022 to Feb 22, 2023
      • Individual clients · 147 to 171
        Nov 3, 2022 to Feb 22, 2023
      • State-registered IARs · 0 to 4
        Nov 3, 2022 to Feb 22, 2023
      • Discretionary RAUM · $506M to $465M
        Nov 3, 2022 to Feb 22, 2023
      • HNW RAUM · $360M to $325M
        Nov 3, 2022 to Feb 22, 2023
      • Individual RAUM · $58.6M to $68.1M
        Nov 3, 2022 to Feb 22, 2023
      • RAUM · $506M to $465M
        Nov 3, 2022 to Feb 22, 2023
      • Accounts · 642 to 683
        Nov 10, 2021 to Mar 12, 2022
      • HNW clients · 116 to 148
        Nov 10, 2021 to Mar 12, 2022
      • Individual clients · 159 to 147
        Nov 10, 2021 to Mar 12, 2022
      • Discretionary RAUM · $408M to $506M
        Nov 10, 2021 to Mar 12, 2022
      • HNW RAUM · $263M to $360M
        Nov 10, 2021 to Mar 12, 2022
      Signals
      1 dated events
      • H•• I••••••••• A••••••• S••••••• reported succeeding to the business of Another Adviser (Form ADV Item 4)
        May 6, 2021 · Succession (Item 4) · 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
      Principal office phone
      518-346-8189reportedpublic record, Form ADV, Mar 18, 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
      $147Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026