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.
Former SEC-registered adviser
Ofs
Legal name Octagon Financial Services Inc
Latest filing Mar 27, 2025
First filing on the tape Mar 26, 2012 · 25 filings
SEC status approved since Nov 18, 1983
RAUM
$1.4B
reported, Item 5.F
Discretionary
86%
of RAUM
Private clients
99%
$1.3B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
24
7 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$1.4B as of Mar 27, 2025
Mar 26, 2012$310M then
HNW client RAUM$1.3B as of Mar 27, 2025
Mar 28, 2018$592M then
State-registered IARs (5.B.3)7 as of Mar 27, 2025
Mar 26, 20120 then
Employees (5.A)24 as of Mar 27, 2025
Apr 1, 201314 then
Private funds: no history
RAUM +13% over the last fiscal year+2.0% a year over threeIARs 7 to 7
Practice profile
derived from the filing of Mar 27, 2025; every figure names its basis
- RAUM per advisor
- $194MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 50derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $8.7MderivedHNW RAUM over HNW clients
- Average account
- $2.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 86%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.4derivedItem 5.A over advisors
- Advisors per office
- 3.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +13%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -2.2%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
- Custody
- $910M, 97 clientsreportedItem 9.A
- 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)
- has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.3B96%
- Individuals$46.9M3.5%
- Corporations and businesses$8.4M0.6%
- Individual clients
- 199reported
- HNW clients
- 149reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 461reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- noreported
- Custody of client assets
- $910M for 97 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
7 left, 0 joined in 12 months
net -7 in 12 months0 left in 90 days0 joined in 90 days7 left over 36 months
Left, latest
- Brett Michael Dimas to Raymond James & Associates, Inc.Dec 11, 2025 · RIA to affiliated broker-dealer or bank
- Frank Matthew Zecca to Activ8 Family Office LLCDec 11, 2025 · RIA to a newly registered adviser
- Christopher John Legg to Activ8 Family Office LLCDec 11, 2025 · RIA to a newly registered adviser
- Christopher Peter Anest to Activ8 Family Office LLCDec 11, 2025 · RIA to a newly registered adviser
- Geoffrey Douglas Marsh to Activ8 Family Office LLCDec 11, 2025 · RIA to a newly registered adviser
- Keith Sean Packard to Activ8 Family Office LLCDec 11, 2025 · RIA to a newly registered adviser
- Timothy Alvarado to Activ8 Family Office LLCDec 11, 2025 · RIA to RIA
- Joseph L Corbett to Equis Group LLCDec 31, 2005 · Other
Joined, latest
- Brett Michael Dimas from Csmg International, Ltd.Dec 2, 2008 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 6 left for Activ8 Family Office LLCDec 11, 2025 · Mclean, Va · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- John Christopher Legg · Vice Presidentcontrolsince 05/2013 · owns less than 5%
- Douglas Geoffrey Marsh · Treasurercontrolsince 05/2013 · owns less than 5%
- J Austin Philbin · Chief Operating Officercontrolsince 08/2023 · owns less than 5%
- Matthew Frank Zecca · Presidentcontrolsince 05/2013 · owns less than 5%
- John Paul Haase · Chief Compliance Officersince 01/2014 · owns less than 5%
Entity owners
- Octagon, Inc. · Owner Of Applicantdirect · owns 75% or more
- Interpublic Group Of Companies, Inc. · Ownerindirect · owns 75% or more of Octagon, Inc. · public reporting company
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Chicago, Il | 0 | 0 | 1 | ||
| Mclean, Va · principal | 0 | 0 | 6 |
Offices
Schedule D 1.F, the 25 largest
- Waterloo, Ontario, Canada2 employees
What changed
consecutive filings, newest first
- Accounts · 2,279 to 461May 16, 2024 to Mar 27, 2025
- BD registered reps · 2 to 0May 16, 2024 to Mar 27, 2025
- Corporate clients · 63 to 76May 16, 2024 to Mar 27, 2025
- HNW clients · 141 to 149May 16, 2024 to Mar 27, 2025
- Individual clients · 215 to 199May 16, 2024 to Mar 27, 2025
- Assets in custody · $1000M to $910MMay 16, 2024 to Mar 27, 2025
- Employees · 23 to 24May 16, 2024 to Mar 27, 2025
- Financial planning clients · 251-500 to 251-500May 16, 2024 to Mar 27, 2025
- Discretionary RAUM · $1.1B to $1.2BMay 16, 2024 to Mar 27, 2025
- HNW RAUM · $1.1B to $1.3BMay 16, 2024 to Mar 27, 2025
- Individual RAUM · $49.3M to $46.9MMay 16, 2024 to Mar 27, 2025
- Non-discretionary RAUM · $116M to $189MMay 16, 2024 to Mar 27, 2025
- RAUM · $1.2B to $1.4BMay 16, 2024 to Mar 27, 2025
- Accounts · 2,172 to 2,279Jun 13, 2023 to Mar 28, 2024
- Advisory employees · 10 to 7Jun 13, 2023 to Mar 28, 2024
- Corporate clients · 52 to 63Jun 13, 2023 to Mar 28, 2024
- HNW clients · 125 to 141Jun 13, 2023 to Mar 28, 2024
- Individual clients · 213 to 215Jun 13, 2023 to Mar 28, 2024
- Assets in custody · $985M to $1000MJun 13, 2023 to Mar 28, 2024
- Employees · 19 to 23Jun 13, 2023 to Mar 28, 2024
- State-registered IARs · 8 to 7Jun 13, 2023 to Mar 28, 2024
- Discretionary RAUM · $1.1B to $1.1BJun 13, 2023 to Mar 28, 2024
- HNW RAUM · $1.0B to $1.1BJun 13, 2023 to Mar 28, 2024
- Individual RAUM · $48.6M to $49.3MJun 13, 2023 to Mar 28, 2024
- Non-discretionary RAUM · $0 to $116MJun 13, 2023 to Mar 28, 2024
- RAUM · $1.1B to $1.2BJun 13, 2023 to Mar 28, 2024
- Accounts · 1,949 to 2,172Mar 29, 2022 to Mar 24, 2023
- Corporate clients · 48 to 52Mar 29, 2022 to Mar 24, 2023
- Individual clients · 158 to 213Mar 29, 2022 to Mar 24, 2023
- Assets in custody · $856M to $985MMar 29, 2022 to Mar 24, 2023
- Employees · 20 to 19Mar 29, 2022 to Mar 24, 2023
- Discretionary RAUM · $1.3B to $1.1BMar 29, 2022 to Mar 24, 2023
- HNW RAUM · $1.2B to $1.0BMar 29, 2022 to Mar 24, 2023
- Individual RAUM · $36.0M to $48.6MMar 29, 2022 to Mar 24, 2023
- RAUM · $1.3B to $1.1BMar 29, 2022 to Mar 24, 2023
- Accounts · 1,223 to 1,949Mar 30, 2021 to Mar 29, 2022
- Corporate clients · 35 to 48Mar 30, 2021 to Mar 29, 2022
- HNW clients · 115 to 125Mar 30, 2021 to Mar 29, 2022
- Individual clients · 167 to 158Mar 30, 2021 to Mar 29, 2022
- Assets in custody · $939M to $856MMar 30, 2021 to Mar 29, 2022
Signals
12 dated events
- Ofs no longer on the SEC adviser roster (last listed 2026-03-02, RAUM $1.4B)Apr 1, 2026 · Left the SEC roster · derived
- Keith Sean Packard left Ofs for Activ8 Family Office Llc (registered 2025-12-01)Dec 11, 2025 · Advisor changed firm · fact
- Frank Matthew Zecca left Ofs for Activ8 Family Office Llc (registered 2025-12-01)Dec 11, 2025 · Advisor changed firm · fact
- Christopher John Legg left Ofs for Activ8 Family Office Llc (registered 2025-12-01)Dec 11, 2025 · Advisor changed firm · fact
- Geoffrey Douglas Marsh left Ofs for Activ8 Family Office Llc (registered 2025-12-01)Dec 11, 2025 · Advisor changed firm · fact
- Ofs's advisors moved to Activ8 Family Office LLC (Mclean, VA): 6 of 7 registered, on the same dayDec 11, 2025 · Firm absorbed (people side) · derived
- Christopher Peter Anest left Ofs for Activ8 Family Office Llc (registered 2025-12-01)Dec 11, 2025 · Advisor changed firm · fact
- Timothy Alvarado left Ofs for Activ8 Family Office Llc (registered 2026-04-16)Dec 11, 2025 · Advisor changed firm · fact
- Brett Michael Dimas left Ofs for Raymond James & Associates, Inc. (registered 2011-12-23)Dec 11, 2025 · Advisor changed firm · fact
- J Austin Philbin (Chief Operating Officer) appeared on Schedule A of OfsMar 28, 2024 · Control person joined · fact
- Ofs reported RAUM $1.3B, up 36% from $938.7M (2021-03-30 to 2022-03-29)Mar 29, 2022 · RAUM change · derived
- John Christopher Legg (Vice President) appeared on Schedule A of OfsMar 20, 2020 · Control person joined · fact
Across DFX
shared identifiers only, never a name match
- Ofs · Private Equityshared crd · intermediary
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
- Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026