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

First Trust Advisors LP

Asset manager (funds and pooled vehicles)Wheaton, IllinoisCRD 107027SEC 801-39950websiteIAPD
Latest filing Apr 30, 2026
First filing on the tape Mar 30, 2012 · 33 filings
SEC status approved since Oct 4, 1991
RAUM
$309B
reported, Item 5.F
Discretionary
75%
of RAUM
Private clients
1.6%
$5.0B individuals and HNW
Advisors
608
registered through the firm on IAPD
RAUM per advisor
$509M
derived; firm RAUM over IAPD count
Employees
542
143 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
1
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$309B as of Apr 30, 2026
Mar 30, 2012$48B then
HNW client RAUM$4.7B as of Apr 30, 2026
Mar 29, 2018$35.0M then
State-registered IARs (5.B.3)96 as of Apr 30, 2026
Mar 30, 20120 then
Employees (5.A)542 as of Apr 30, 2026
Mar 28, 2013189 then
Private funds1 as of Apr 30, 2026
Apr 22, 20251 then
RAUM +21% over the last fiscal year+18% a year over threeIARs 106 to 96
Practice profile
derived from the filing of Apr 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)
RAUM per advisor
$509MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
6derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.8MderivedHNW RAUM over HNW clients
Average account
$49.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
75%derivedof RAUM
Institutional
0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
0.9derivedItem 5.A over advisors
Advisors per office
121.6derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
-9.4%derivedItem 5.B.3 between annual amendments
Client growth, one year
+20%derived
Compensation
percentage of assets, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, selection of other advisers, publicationsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Firms absorbed, 24 months
1derivedhalf or more of a firm's advisors moved here within 14 days
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)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$298B96%
  • Pooled investment vehicles$5.1B1.6%
  • High-net-worth individuals$4.7B1.5%
  • Charitable organizations$1.1B0.4%
  • Corporations and businesses$594M0.2%
  • Individuals$317M0.1%
Individual clients
934reported
HNW clients
2,593reported
Pension plan clients
n/areported
Charitable clients
52reported
Accounts
6,316reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $2.8B managedreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.02 fund_share=0.98 institutional_share=0.0 related_bd=true related_bank=true bd_reps=152.0derived
Advisors registered through the firm
608 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Charles Henry BradleyWheaton, IlMay 6, 199830 y0
Robert Franklin CareyChartered Financial AnalystWheaton, IlMay 6, 199840 y0
James Allen BowenWheaton, IlMay 6, 200043 y0
Roger Francis TestinChartered Financial AnalystWheaton, IlJan 7, 200325 y0
Eric Milo DoedeWheaton, IlJun 5, 200328 y0
Christopher John VantilWheaton, IlMay 6, 200527 y0
Timothy Scott TrudoSaint Charles, Mo Oct 20, 200827 y0
Michael John DarrWheaton, Il Oct 22, 200833 y1
Ryan M. EdwardsWheaton, Il Oct 22, 200822 y0
Sean Dempsey MoriarityWheaton, Il Oct 22, 200837 y3
Richard Michael JacquemartOrono, Mn Oct 22, 200829 y0
Eric Gregg AndersonWheaton, IlOct 23, 200820 y0
Joshua G. GongawareCharlotte, Nc Nov 21, 200822 y1
Nicholas Adam PoetzWheaton, IlJan 2, 200920 y0
Benjamin A BurgerWheaton, IlMar 12, 200929 y1
Ryan Olavi IssakainenManlius, Ny Mar 13, 200926 y0
Nim K ShortPittsburg, Pa Mar 17, 200927 y0
Eric William StoiberWheaton, IlMar 18, 200921 y0
Alexander P BrozynaNewtown, Pa Mar 19, 200924 y2
Beth Ann BogenschutzWheaton, IlMar 23, 200919 y0
Michael John NorrisWheaton, Il Mar 23, 200919 y0
Gregory Scott SchmidtWheaton, Il Mar 23, 200918 y0
Miodrag SpasojevicWheaton, IlMar 26, 200925 y1
James Michael HarrellWheaton, IlMar 26, 200920 y0
Stanley UelandWheaton, IlMar 27, 200921 y0
Robert Leo DerochieWheaton, Il Apr 24, 200922 y2
Peter Andrew SpokesWheaton, IlSep 2, 200917 y0
George Morgan PalmerWheaton, Il Oct 22, 200920 y0
Tobin Matthew CrowderWheaton, Il Nov 19, 200931 y1
Michael Wayne YorkWheaton, IlJan 11, 201025 y2
Stephen John YockWheaton, IlJan 11, 201027 y2
Todd J MarshallWheaton, IlJun 21, 201020 y0
Nathan CarlsonWheaton, Il Jul 12, 201021 y1
Zachary Ryan UllrichBirmingham, Mi Oct 27, 201018 y0
Marie Elizabeth McclughenWheaton, Il Jan 25, 201119 y0
Eric Rhodes MaiselChartered Financial AnalystWheaton, IlMar 16, 201132 y1
Lauren Beth LangWheaton, IlApr 6, 201119 y0
Jon C EricksonChartered Financial AnalystWheaton, IlMay 18, 201132 y0
David Gerard McgarelChartered Financial AnalystWheaton, IlMay 18, 201129 y0
Todd Ward LarsonChartered Financial AnalystWheaton, IlMay 23, 201128 y0
All 608 advisors at First Trust Advisors LP
Advisor movement
8 left, 11 joined in 12 months
net +3 in 12 months1 left in 90 days2 joined in 90 daysdeparture rate 1.3% of current headcount32 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
    • Allen James Bowen · Chief Executive Officercontrol
      since 12/2010 · owns less than 5%
    • Catherine Kelly Dehler · Chief Compliance Officercontrol
      since 06/2021 · owns less than 5%
    • Martin James Dykas · Chief Financial Officer / Managing Directorcontrol
      since 01/2016 · owns less than 5%
    • Scott Robert Hall · Managing Directorcontrol
      since 01/2002 · owns less than 5%
    • Scott William Jardine · General Counselcontrol
      since 03/1995 · owns less than 5%
    • Joel Daniel Lindquist · Managing Directorcontrol
      since 07/2012 · owns less than 5%
    • Gerard David Mcgarel · Managing Director/Chief Investment Officercontrol
      since 07/2012 · owns less than 5%
    • Scott Andrew Roggensack · Presidentcontrol
      since 12/2010 · owns less than 5%
    • Allen James Bowen · Sole Shareholdercontrol
      since 10/2010 · owns 75% or more of Ajm Ventures LLC
    Entity owners
    • Grace Partners Of Dupage L.P. · Limited Partner
      direct · owns 75% or more
    • The Charger Corporation · General Partner
      direct · owns less than 5%
    • Ajm Ventures LLC · Shareholder
      indirect · owns 75% or more of The Charger Corporation
    • The Charger Corporation · General Partner
      indirect · owns F of Grace Partners Of Dupage L.P.
    Related persons
    Schedule D 7.A
    Advisers that list First Trust Advisors LP as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Wheaton, Il · principal607514
    Austin, Tx65111
    Franklin, Tn5080
    Naples, Fl1320
    Boston, Ma930
    Chicago, Il600
    Dallas, Tx500
    Raleigh, Nc400
    Tampa, Fl300
    San Francisco, Ca300
    Nashville, Tn300
    New York, Ny300
    Elmhurst, Il300
    Las Vegas, Nv300
    Phoenix, Az300
    Birmingham, Mi300
    Jersey City, Nj200
    Lake Oswego, Or200
    Lincroft, Nj210
    Miami, Fl200
    Offices
    Schedule D 1.F, the 25 largest
    • Austin, TX13 employees
    • Franklin, TN1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 5,033 to 6,316
      Dec 3, 2025 to Mar 31, 2026
    • Advisory employees · 125 to 143
      Dec 3, 2025 to Mar 31, 2026
    • BD registered reps · 168 to 152
      Dec 3, 2025 to Mar 31, 2026
    • Charity clients · 62 to 52
      Dec 3, 2025 to Mar 31, 2026
    • Corporate clients · 85 to 118
      Dec 3, 2025 to Mar 31, 2026
    • HNW clients · 1,744 to 2,593
      Dec 3, 2025 to Mar 31, 2026
    • Individual clients · 1,183 to 934
      Dec 3, 2025 to Mar 31, 2026
    • Pooled vehicle clients · 64 to 80
      Dec 3, 2025 to Mar 31, 2026
    • Employees · 520 to 542
      Dec 3, 2025 to Mar 31, 2026
    • Insurance-licensed employees · 1 to 0
      Dec 3, 2025 to Mar 31, 2026
    • State-registered IARs · 106 to 96
      Dec 3, 2025 to Mar 31, 2026
    • Discretionary RAUM · $190B to $233B
      Dec 3, 2025 to Mar 31, 2026
    • HNW RAUM · $2.3B to $4.7B
      Dec 3, 2025 to Mar 31, 2026
    • Individual RAUM · $448M to $317M
      Dec 3, 2025 to Mar 31, 2026
    • Non-discretionary RAUM · $66B to $77B
      Dec 3, 2025 to Mar 31, 2026
    • Pooled vehicle RAUM · $3.6B to $5.1B
      Dec 3, 2025 to Mar 31, 2026
    • RAUM · $256B to $309B
      Dec 3, 2025 to Mar 31, 2026
    • Wrap assets (manager) · $1.2B to $2.8B
      Dec 3, 2025 to Mar 31, 2026
    • Accounts · 2,926 to 5,033
      Dec 2, 2024 to Apr 22, 2025
    • Advisory employees · 95 to 125
      Dec 2, 2024 to Apr 22, 2025
    • BD registered reps · 77 to 168
      Dec 2, 2024 to Apr 22, 2025
    • Charity clients · unset to 62.0
      Dec 2, 2024 to Apr 22, 2025
    • Corporate clients · 2 to 85
      Dec 2, 2024 to Apr 22, 2025
    • HNW clients · 4 to 1,744
      Dec 2, 2024 to Apr 22, 2025
    • Individual clients · 1,092 to 1,183
      Dec 2, 2024 to Apr 22, 2025
    • Pooled vehicle clients · 50 to 64
      Dec 2, 2024 to Apr 22, 2025
    • Employees · 426 to 520
      Dec 2, 2024 to Apr 22, 2025
    • Insurance-licensed employees · 0 to 1
      Dec 2, 2024 to Apr 22, 2025
    • Financial planning clients · unset to
      Dec 2, 2024 to Apr 22, 2025
    • State-registered IARs · 121 to 106
      Dec 2, 2024 to Apr 22, 2025
    • Other offices · 2 to 4
      Dec 2, 2024 to Apr 22, 2025
    • Private funds · unset to 1
      Dec 2, 2024 to Apr 22, 2025
    • Discretionary RAUM · $154B to $190B
      Dec 2, 2024 to Apr 22, 2025
    • HNW RAUM · $28.0M to $2.3B
      Dec 2, 2024 to Apr 22, 2025
    • Individual RAUM · $389M to $448M
      Dec 2, 2024 to Apr 22, 2025
    • Non-discretionary RAUM · $57B to $66B
      Dec 2, 2024 to Apr 22, 2025
    • Pooled vehicle RAUM · $2.2B to $3.6B
      Dec 2, 2024 to Apr 22, 2025
    • RAUM · $211B to $256B
      Dec 2, 2024 to Apr 22, 2025
    • Wrap assets (manager) · $378M to $1.2B
      Dec 2, 2024 to Apr 22, 2025
    • Accounts · 3,143 to 2,926
      Sep 11, 2023 to Mar 28, 2024
    Signals
    55 dated events
    • Jack Anthony Balestrieri left First Trust Advisors Lp for Wedbush Securities Inc. (registered 2026-08-24)
      Aug 12, 2026 · Advisor changed firm · fact
    • Christopher John Jones left First Trust Advisors Lp for Amplify Etfs (registered 2026-08-10)
      Feb 20, 2026 · Advisor changed firm · fact
    • Craig Pierce left First Trust Advisors Lp for Seia (registered 2026-02-02)
      Feb 2, 2026 · Advisor changed firm · fact
    • Jared Stephen Todd left First Trust Advisors Lp for Veritas Private Wealth Management (registered 2026-01-08)
      Jan 16, 2026 · Advisor changed firm · fact
    • John Aston Edmunds left First Trust Advisors Lp for Commonwealth Financial Network (registered 2026-02-06)
      Jan 5, 2026 · Advisor changed firm · fact
    • Cory John Grebe left First Trust Advisors Lp for Booster Asset Management, Llc (registered 2025-12-12)
      Dec 11, 2025 · Advisor changed firm · fact
    • Xhordi Xhokola left First Trust Advisors Lp for International Assets Investment Management, Llc (registered 2025-10-24)
      Nov 3, 2025 · Advisor changed firm · fact
    • Andrew Joseph Agosta left First Trust Advisors Lp for Prosperity Financial Group, Inc. (registered 2025-10-03)
      Oct 14, 2025 · Advisor changed firm · fact
    • Paul Edward Brandwein left First Trust Advisors Lp for Hbw Advisory Services Llc (registered 2026-03-05)
      Jul 30, 2025 · Advisor changed firm · fact
    • Jacob Scott Edzards left First Trust Advisors Lp for Ubs Financial Services Inc. (registered 2025-06-26)
      May 16, 2025 · Advisor changed firm · fact
    • Calvin Gross left First Trust Advisors Lp for Raymond James & Associates, Inc. (registered 2025-05-13)
      Apr 28, 2025 · Advisor changed firm · fact
    • Mallory Nicole Moore left First Trust Advisors Lp for Gateway Financial Advisors Texas, Llc (registered 2025-08-01)
      Apr 9, 2025 · Advisor changed firm · fact
    • Jennifer Grzeskiewicz left First Trust Advisors Lp for Wells Fargo Advisors (registered 2025-04-22)
      Mar 17, 2025 · Advisor changed firm · fact
    • Jacob Martin Marriott left First Trust Advisors Lp for Aptus Capital Advisors, Llc (registered 2025-02-24)
      Feb 12, 2025 · Advisor changed firm · fact
    • Tenzin Phuntsok left First Trust Advisors Lp for Aptus Capital Advisors, Llc (registered 2025-02-24)
      Jan 27, 2025 · Advisor changed firm · fact
    • Spencer A Moore left First Trust Advisors Lp for Ubs Financial Services Inc. (registered 2025-02-12)
      Jan 16, 2025 · Advisor changed firm · fact
    • Daniel Joseph Mckenna left First Trust Advisors Lp for Private Advisor Group, Llc (registered 2025-01-16)
      Jan 6, 2025 · Advisor changed firm · fact
    • First Trust Investment Solutions L.P.'s advisors moved to First Trust Advisors LP (Naples, FL): 9 of 9 registered, on the same day
      Dec 20, 2024 · Firm absorbed (people side) · derived
    • Roger Ivan Toledo left First Trust Advisors Lp for Lpl Financial Llc (registered 2026-03-23)
      Dec 19, 2024 · Advisor changed firm · fact
    • Stephen Berry left First Trust Advisors Lp for Commonwealth Financial Network (registered 2025-01-30)
      Dec 3, 2024 · Advisor changed firm · fact
    • Marissa Ferris left First Trust Advisors Lp for Morgan Stanley (registered 2025-01-02)
      Oct 9, 2024 · Advisor changed firm · fact
    • Arthur Michael Pizzello left First Trust Advisors Lp for Raymond James Financial Services Advisors, Inc (registered 2024-08-22)
      Aug 23, 2024 · Advisor changed firm · fact
    • Carlos M Garcia left First Trust Advisors Lp for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2025-06-25)
      Jul 26, 2024 · Advisor changed firm · fact
    • John Luke Brownd left First Trust Advisors Lp for Morgan Stanley (registered 2024-07-30)
      Jul 23, 2024 · Advisor changed firm · fact
    • Joseph Lance Foley left First Trust Advisors Lp for Fortiter Wealth Management, Llc (registered 2024-05-01)
      May 6, 2024 · Advisor changed firm · fact
    • Estefania Gorman left First Trust Advisors Lp for Scala Capital Llc (registered 2024-07-24)
      Apr 17, 2024 · Advisor changed firm · fact
    • David William Toellen left First Trust Advisors Lp for Toellen Capital Management, Llc (registered 2026-03-31)
      Apr 17, 2024 · Advisor changed firm · fact
    • Aaron Michael Nichols left First Trust Advisors Lp for Atlas Fiduciary Services, Inc. (registered 2025-07-11)
      Mar 28, 2024 · Advisor changed firm · fact
    • First Trust Advisors Lp reported 121 state-registered advisory representatives, down from 492 (2023-09-11 to 2024-03-28)
      Mar 28, 2024 · Advisor headcount change · derived
    • Christopher Albert King left First Trust Advisors Lp for Ii Technology, Llc (registered 2024-05-15)
      Feb 21, 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
    Firm profile
    LINKEDIN.COM/COMPANY/FIRST-TRUSTreportedpublic record, Form ADV, Sep 17, 2026
    Website
    FTSMA.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    630-765-8000reportedpublic record, Form ADV, Apr 30, 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
    Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
    RAUM per advisor
    $509Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026