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

D••• • P••••• I••••••••• M••••••••• C••

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 107296SEC 801-14813websiteIAPD
Latest filing Apr 17, 2026
First filing on the tape Dec 21, 2011 · 55 filings
SEC status approved since Jul 2, 1979
RAUM
$13B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$6.4B
derived; firm RAUM over IAPD count
Employees
53
26 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
55 filings and snapshots on the tape
RAUM$13B as of Apr 17, 2026
Mar 29, 2012$8.6B then
HNW client RAUM$0 as of Apr 17, 2026
Mar 28, 2018$18.5M then
State-registered IARs (5.B.3)2 as of Apr 17, 2026
Mar 29, 20120 then
Employees (5.A)53 as of Apr 17, 2026
Mar 18, 201339 then
Private funds1 as of Mar 18, 2013
Mar 29, 20121 then
RAUM +4.2% over the last fiscal year+2.0% a year over threeIARs 10 to 2
Practice profile
derived from the filing of Apr 17, 2026; every figure names its basis
RAUM per advisor
$6.4BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$290MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
22%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
26.5derivedItem 5.A over advisors
Advisors per office
0.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+4.2%derivedbetween the last two annual amendments
Advisor growth, one year
-80%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 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
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$7.5B59%
  • Pension and profit-sharing plans$2.1B16%
  • Pooled investment vehicles$1.5B12%
  • Corporations and businesses$917M7.2%
  • State and municipal entities$702M5.5%
  • Charitable organizations$47.5M0.4%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
7reported
Charitable clients
3reported
Accounts
44reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.71 institutional_share=0.22 related_bd=true related_bank=true bd_reps=15.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
K••••••• L••••• H••••Chicago, IlSep 20, 202234 y3
L••••• E•• M•••Chicago, IlJan 19, 202410 y1
Advisor movement
0 left, 0 joined in 12 months
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
D••• • P••••• R••• E••••• S••••••••• T••••no longer reportedOther Private Fund$47.4M17Mar 29, 2012
Owners and control persons
Schedule A and B, latest filing
  • A••••••••• M••••••• A•••• · D•••••Or, Executive Vice President And Treasurercontrol
    since 05/2010 · owns less than 5%
  • A••••••• G•••••• R••••• · D•••••Or And Chairmancontrol
    since 11/2008 · owns less than 5%
  • D••••• G•••••••• P•••• · Executive Managing D•••••Orcontrol
    since 03/2017 · owns less than 5%
  • E•••••• P••••••• E••••• · Executive Managing D•••••Orcontrol
    since 05/2024 · owns less than 5%
  • G•••••••• D••••• D••• · D•••••Or, President And Chief Investment Officercontrol
    since 01/2021 · owns less than 5%
  • H••••• K•••••••• L••••• · Chief Compliance Officercontrol
    since 08/2022 · owns less than 5%
  • P•••••••• D•••••• J••• · Executive Managing D•••••Orcontrol
    since 03/2017 · owns less than 5%
  • P••••••••• A••••• C•••••• · Chief Legal Officercontrol
    since 11/2023 · owns less than 5%
  • W••••••• S•••••• G•••• · Executive Managing D•••••Orcontrol
    since 03/2022 · owns less than 5%
Entity owners
  • V••••• P•••••••• I••• •••••• O•••• • D••••• O••••••••• S••••• · Shareholder
    direct · owns 75% or more
  • V••••• I••••••••• P•••••••• I••• · Ind••••• Shareholder
    indirect · owns 75% or more of V••••• Partners, Inc. · public reporting company
Related persons
Schedule D 7.A
Advisers that list D••• • P••••• I••••••••• M••••••••• C•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Chicago, Il · principal200
Offices
Schedule D 1.F, the 25 largest
  • Orlando, FL3 employees
  • Leawood, KS2 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • advisors down RAUM stableCombination · filing Apr 17, 2026
    the advisor count fell 25 percent or more while RAUM stayed within 5 percent: people left without assets leaving (assets retained, or advisors were support staff). RAUM $12,227,914,131 to $12,746,937,964, advisors 10 to 2, private clients 0 to 0, offices 2 to 2 (2025-03-28 to 2026-04-17)
    peers: asset managers, $5B to $20B (684)
  • advisor count dropChange between filings · filing Apr 17, 2026
    advisory representatives (Item 5.B.3) moved from 10.0 to 2.0 (-80.0%) between the annual amendments of 2025-03-28 and 2026-04-17; the peer median change was 0.0% (33 comparable advisers, 3.0th percentile of changes)
    peers: asset managers, $5B to $20B (33) · 3.1% percentile
What changed
consecutive filings, newest first
  • Accounts · 52 to 44
    Nov 6, 2025 to Mar 27, 2026
  • Charity clients · 2 to 3
    Nov 6, 2025 to Mar 27, 2026
  • Corporate clients · 20 to 9
    Nov 6, 2025 to Mar 27, 2026
  • Pension plan clients · 5 to 7
    Nov 6, 2025 to Mar 27, 2026
  • Employees · 55 to 53
    Nov 6, 2025 to Mar 27, 2026
  • State-registered IARs · 10 to 2
    Nov 6, 2025 to Mar 27, 2026
  • Discretionary RAUM · $12B to $13B
    Nov 6, 2025 to Mar 27, 2026
  • Pension RAUM · $1.5B to $2.1B
    Nov 6, 2025 to Mar 27, 2026
  • Pooled vehicle RAUM · $1.2B to $1.5B
    Nov 6, 2025 to Mar 27, 2026
  • RAUM · $12B to $13B
    Nov 6, 2025 to Mar 27, 2026
  • Financial planning clients · 0 to 0
    Mar 28, 2025 to Nov 6, 2025
  • Accounts · 61 to 52
    Nov 22, 2024 to Mar 28, 2025
  • Advisory employees · 28 to 26
    Nov 22, 2024 to Mar 28, 2025
  • BD registered reps · 13 to 15
    Nov 22, 2024 to Mar 28, 2025
  • Corporate clients · 26 to 20
    Nov 22, 2024 to Mar 28, 2025
  • Employees · 54 to 55
    Nov 22, 2024 to Mar 28, 2025
  • State-registered IARs · 8 to 10
    Nov 22, 2024 to Mar 28, 2025
  • Discretionary RAUM · $12B to $12B
    Nov 22, 2024 to Mar 28, 2025
  • Pension RAUM · $1.4B to $1.5B
    Nov 22, 2024 to Mar 28, 2025
  • Pooled vehicle RAUM · $1.2B to $1.2B
    Nov 22, 2024 to Mar 28, 2025
  • RAUM · $12B to $12B
    Nov 22, 2024 to Mar 28, 2025
  • Accounts · 58 to 61
    Dec 11, 2023 to Mar 28, 2024
  • Advisory employees · 23 to 28
    Dec 11, 2023 to Mar 28, 2024
  • BD registered reps · 15 to 13
    Dec 11, 2023 to Mar 28, 2024
  • Pooled vehicle clients · 5 to 6
    Dec 11, 2023 to Mar 28, 2024
  • Employees · 50 to 54
    Dec 11, 2023 to Mar 28, 2024
  • State-registered IARs · 9 to 8
    Dec 11, 2023 to Mar 28, 2024
  • Discretionary RAUM · $12B to $12B
    Dec 11, 2023 to Mar 28, 2024
  • Pension RAUM · $1.3B to $1.4B
    Dec 11, 2023 to Mar 28, 2024
  • Pooled vehicle RAUM · $1.1B to $1.2B
    Dec 11, 2023 to Mar 28, 2024
  • RAUM · $12B to $12B
    Dec 11, 2023 to Mar 28, 2024
  • Other offices · 1 to 2
    Apr 3, 2023 to Apr 18, 2023
  • HQ city · ORLANDO to CHICAGO
    Mar 30, 2023 to Apr 3, 2023
  • HQ state · FL to IL
    Mar 30, 2023 to Apr 3, 2023
  • Accounts · 57 to 58
    Sep 22, 2022 to Mar 30, 2023
  • Advisory employees · 21 to 23
    Sep 22, 2022 to Mar 30, 2023
  • BD registered reps · 21 to 15
    Sep 22, 2022 to Mar 30, 2023
  • Pension plan clients · 4 to 5
    Sep 22, 2022 to Mar 30, 2023
  • Employees · 48 to 50
    Sep 22, 2022 to Mar 30, 2023
  • HQ city · CHICAGO to ORLANDO
    Sep 22, 2022 to Mar 30, 2023
Signals
8 dated events
  • Edward Phillip Enochs (Executive Managing Director) appeared on Schedule A of D••• • P••••• I••••••••• M••••••••• C••
    Nov 22, 2024 · Control person joined · fact
  • Luther John Creswell (Executive Managing Director) no longer on Schedule A of D••• • P••••• I••••••••• M••••••••• C•• (listed 2023-10-12, absent 2023-12-11)
    Dec 11, 2023 · Control person left · inference
  • Cynthia Andra Purkalitis (Chief Legal Officer) appeared on Schedule A of D••• • P••••• I••••••••• M••••••••• C••
    Dec 11, 2023 · Control person joined · fact
  • Jacqueline Wendy Hills (Executive Vice President, General Counsel And Assistant Secretary) no longer on Schedule A of D••• • P••••• I••••••••• M••••••••• C•• (listed 2023-04-18, absent 2023-06-06)
    Jun 6, 2023 · Control person left · inference
  • Joseph William Renahan (Senior Managing Director, Secretary & Chief Compliance Officer) no longer on Schedule A of D••• • P••••• I••••••••• M••••••••• C•• (listed 2022-03-29, absent 2022-05-10)
    May 10, 2022 · Control person left · inference
  • Ivey Nathan Partain (Director, President And Co-Chief Investment Officer) no longer on Schedule A of D••• • P••••• I••••••••• M••••••••• C•• (listed 2020-03-30, absent 2021-01-08)
    Jan 8, 2021 · Control person left · inference
  • Jacqueline Wendy Hills (Executive Vice President, General Counsel And Assistant Secretary) appeared on Schedule A of D••• • P••••• I••••••••• M••••••••• C••
    Oct 16, 2019 · Control person joined · fact
  • Stephen Mark Flynn (Executive Vice President And General Counsel) no longer on Schedule A of D••• • P••••• I••••••••• M••••••••• C•• (listed 2019-03-27, absent 2019-07-03)
    Jul 3, 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
Firm profile
linkedin.com/company/duff-&-phelps-investment-management-co.reportedpublic record, Form ADV, Sep 18, 2026
Website
DPIMC.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
312-263-2610reportedpublic record, Form ADV, Apr 17, 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
$6.4Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026
Across the graphs

D••• • P••••• I••••••••• M••••••••• C•• is the same institution as 1 record in Real Estate Funds.

Real Estate Funds1

Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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