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
Hanseatic Management Services Inc
Latest filing Mar 12, 2026
First filing on the tape Jan 5, 2012 · 30 filings
SEC status approved since Jun 27, 1995
RAUM
$174M
reported, Item 5.F
Discretionary
78%
of RAUM
Private clients
59%
$102M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$58.0M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$174M as of Mar 12, 2026
Apr 2, 2012$284M then
HNW client RAUM$61.0M as of Mar 12, 2026
Mar 28, 2018$12.7M then
State-registered IARs (5.B.3)3 as of Mar 12, 2026
Apr 2, 20120 then
Employees (5.A)4 as of Mar 12, 2026
Mar 27, 20134 then
Private funds: no history
RAUM +30% over the last fiscal year+18% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 12, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $58.0MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 72derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $802,632derivedHNW RAUM over HNW clients
- Average account
- $870,000derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 78%derivedof RAUM
- Institutional
- 1.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +30%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +13%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, otherreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Other investment advisers$69.0M40%
- High-net-worth individuals$61.0M35%
- Individuals$41.0M24%
- Pension and profit-sharing plans$2.0M1.1%
- Corporations and businesses$1.0M0.6%
- Individual clients
- 140reported
- HNW clients
- 76reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 200reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- $0 sponsored, $69.0M managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.59 fund_share=0.4 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Brian Richard Stangel | Albuquerque, Nm | Aug 31, 2012 | 31 y | 1 |
| Amy Myles StangelCertified Financial Planner | Albuquerque, Nm | Jan 31, 2017 | 14 y | 0 |
| Connor Greenwood | Albuquerque, Nm | Dec 4, 2024 | 10 y | 0 |
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
- Todd Russell Sanderson · Cio/Chairmancontrolsince 01/2023 · owns 25% to 50%
- Richard Brian Stangel · Ceo/Presidentcontrolsince 01/2023 · owns 25% to 50%
- Myles Amy Stangel · Cco/Secretarysince 01/2023 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Advisers that list Hanseatic Management Services Inc as a related person
- 169462 n
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Albuquerque, Nm · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 199 to 200Mar 31, 2025 to Mar 12, 2026
- HNW clients · 20 to 76Mar 31, 2025 to Mar 12, 2026
- Individual clients · 172 to 140Mar 31, 2025 to Mar 12, 2026
- Financial planning clients · 11-25 to 26-50Mar 31, 2025 to Mar 12, 2026
- Discretionary RAUM · $102M to $135MMar 31, 2025 to Mar 12, 2026
- HNW RAUM · $38.0M to $61.0MMar 31, 2025 to Mar 12, 2026
- Individual RAUM · $37.5M to $41.0MMar 31, 2025 to Mar 12, 2026
- Non-discretionary RAUM · $32.0M to $39.0MMar 31, 2025 to Mar 12, 2026
- Pension RAUM · $2.5M to $2.0MMar 31, 2025 to Mar 12, 2026
- RAUM · $134M to $174MMar 31, 2025 to Mar 12, 2026
- Wrap assets (manager) · $53.0M to $69.0MMar 31, 2025 to Mar 12, 2026
- Accounts · 266 to 199Mar 30, 2024 to Mar 31, 2025
- HNW clients · 17 to 20Mar 30, 2024 to Mar 31, 2025
- Individual clients · 242 to 172Mar 30, 2024 to Mar 31, 2025
- Financial planning clients · 11-25 to 11-25Mar 30, 2024 to Mar 31, 2025
- State-registered IARs · 2 to 3Mar 30, 2024 to Mar 31, 2025
- Discretionary RAUM · $83.4M to $102MMar 30, 2024 to Mar 31, 2025
- HNW RAUM · $18.5M to $38.0MMar 30, 2024 to Mar 31, 2025
- Individual RAUM · $40.3M to $37.5MMar 30, 2024 to Mar 31, 2025
- Non-discretionary RAUM · $22.5M to $32.0MMar 30, 2024 to Mar 31, 2025
- Pension RAUM · $1.4M to $2.5MMar 30, 2024 to Mar 31, 2025
- RAUM · $106M to $134MMar 30, 2024 to Mar 31, 2025
- Wrap assets (manager) · $42.0M to $53.0MMar 30, 2024 to Mar 31, 2025
- Accounts · 114 to 266Dec 11, 2023 to Mar 30, 2024
- Corporate clients · 5 to 0Dec 11, 2023 to Mar 30, 2024
- HNW clients · 11 to 17Dec 11, 2023 to Mar 30, 2024
- Individual clients · 95 to 242Dec 11, 2023 to Mar 30, 2024
- Discretionary RAUM · $106M to $83.4MDec 11, 2023 to Mar 30, 2024
- HNW RAUM · $15.5M to $18.5MDec 11, 2023 to Mar 30, 2024
- Individual RAUM · $29.8M to $40.3MDec 11, 2023 to Mar 30, 2024
- Non-discretionary RAUM · $0 to $22.5MDec 11, 2023 to Mar 30, 2024
- Pension RAUM · $3.2M to $1.4MDec 11, 2023 to Mar 30, 2024
- RAUM · $106M to $106MDec 11, 2023 to Mar 30, 2024
- Wrap assets (manager) · $53.0M to $42.0MDec 11, 2023 to Mar 30, 2024
- Accounts · 151 to 114Mar 31, 2022 to Mar 31, 2023
- Corporate clients · 0 to 5Mar 31, 2022 to Mar 31, 2023
- HNW clients · 23 to 11Mar 31, 2022 to Mar 31, 2023
- Individual clients · 125 to 95Mar 31, 2022 to Mar 31, 2023
- Discretionary RAUM · $140M to $106MMar 31, 2022 to Mar 31, 2023
- HNW RAUM · $27.0M to $15.5MMar 31, 2022 to Mar 31, 2023
Signals
3 dated events
- Hanseatic Management Services Inc reported RAUM $131.8M, down 45% from $240.0M (2020-05-26 to 2021-03-30)Mar 30, 2021 · RAUM change · derived
- Hanseatic Management Services Inc reported RAUM $240.0M, up 140% from $100.2M (2019-04-29 to 2020-04-01)Apr 1, 2020 · RAUM change · derived
- Elizabeth Sara Mongerson (Head Of Marketing) no longer on Schedule A of Hanseatic Management Services Inc (listed 2018-11-14, absent 2019-03-27)Mar 27, 2019 · 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
- 505-828-2824reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/HANSEATICSERVICESreportedpublic record, Form ADV, Sep 17, 2026
- Website
- HANSEATICGROUP.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 505-828-2824reportedpublic record, Form ADV, Mar 12, 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
- $58.0Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026