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
Fourth Street Performance Partners, Inc.
Latest filing Mar 18, 2024
First filing on the tape Mar 29, 2012 · 19 filings
RAUM
$4.8B
reported, Item 5.F
Discretionary
31%
of RAUM
Private clients
12%
$561M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
14
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$4.8B as of Mar 18, 2024
Mar 29, 2012$4.8B then
HNW client RAUM$554M as of Mar 18, 2024
Mar 30, 2018$148M then
State-registered IARs (5.B.3)4 as of Mar 18, 2024
Mar 29, 20120 then
Employees (5.A)14 as of Mar 18, 2024
Apr 1, 201311 then
Private funds: no history
RAUM +7.1% over the last fiscal year-1.5% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 18, 2024; every figure names its basis
- RAUM per advisor
- $1.2BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 12derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $21.3MderivedHNW RAUM over HNW clients
- Average account
- $45.2MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 31%derivedof RAUM
- Institutional
- 88%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.5derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +7.1%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -3.9%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Charitable organizations$4.0B83%
- High-net-worth individuals$554M11%
- Pension and profit-sharing plans$181M3.8%
- Insurance companies$68.6M1.4%
- Individuals$7.5M0.2%
- Corporations and businesses$2.7M0.1%
- Individual clients
- 23reported
- HNW clients
- 26reported
- Pension plan clients
- 3reported
- Charitable clients
- 50reported
- Accounts
- 107reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- 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
Left, latest
- Adam M Dietz to Mariner Institutional, LLCApr 24, 2024 · Other
- David Franklin King to Mariner Institutional, LLCApr 24, 2024 · Other
- Mallory Ann Singh to Towers Watson Investment Services, Inc.May 26, 2023 · Other
- Dbie Anna Johnson to Stancorp Investment Advisers, Inc.Feb 23, 2007 · Other
- Douglas John Smorag to Cm Wealth Advisors LLCNov 3, 2003 · Other
Joined, latest
none on the tape
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Mariner Institutional, LLCApr 24, 2024 · Covington, Ky
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Peter Kenneth Dorger · Co President/Chief Compliance Officercontrolsince 07/2006 · owns 25% to 50%
- Neil Thomas Heppler · Co Presidentcontrolsince 07/2006 · owns 25% to 50%
- Andrew Dunlap · Vice President, Consultantsince 01/2017 · owns 5% to 10%
- Franklin David King · Vice President, Consultantsince 01/2017 · owns 5% to 10%
- Mary Kay A Laird Mrs. · Chief Operating Officersince 12/2014 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Covington, Ky · principal | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 108 to 107Mar 29, 2023 to Mar 18, 2024
- Individual clients · 25 to 23Mar 29, 2023 to Mar 18, 2024
- Pension plan clients · 2 to 3Mar 29, 2023 to Mar 18, 2024
- Discretionary RAUM · $1.3B to $1.5BMar 29, 2023 to Mar 18, 2024
- HNW RAUM · $470M to $554MMar 29, 2023 to Mar 18, 2024
- Individual RAUM · $7.4M to $7.5MMar 29, 2023 to Mar 18, 2024
- Non-discretionary RAUM · $3.3B to $3.3BMar 29, 2023 to Mar 18, 2024
- Pension RAUM · $166M to $181MMar 29, 2023 to Mar 18, 2024
- RAUM · $4.5B to $4.8BMar 29, 2023 to Mar 18, 2024
- Accounts · 121 to 108Mar 25, 2022 to Mar 29, 2023
- Charity clients · 49 to 50Mar 25, 2022 to Mar 29, 2023
- HNW clients · 32 to 26Mar 25, 2022 to Mar 29, 2023
- Individual clients · 23 to 25Mar 25, 2022 to Mar 29, 2023
- Employees · 13 to 14Mar 25, 2022 to Mar 29, 2023
- State-registered IARs · 3 to 4Mar 25, 2022 to Mar 29, 2023
- Discretionary RAUM · $144M to $1.3BMar 25, 2022 to Mar 29, 2023
- HNW RAUM · $589M to $470MMar 25, 2022 to Mar 29, 2023
- Individual RAUM · $7.5M to $7.4MMar 25, 2022 to Mar 29, 2023
- Non-discretionary RAUM · $5.5B to $3.3BMar 25, 2022 to Mar 29, 2023
- Pension RAUM · $236M to $166MMar 25, 2022 to Mar 29, 2023
- RAUM · $5.6B to $4.5BMar 25, 2022 to Mar 29, 2023
- Accounts · 120 to 121Jul 12, 2021 to Mar 25, 2022
- Advisory employees · 11 to 10Jul 12, 2021 to Mar 25, 2022
- Charity clients · 50 to 49Jul 12, 2021 to Mar 25, 2022
- HNW clients · 27 to 32Jul 12, 2021 to Mar 25, 2022
- Individual clients · 33 to 23Jul 12, 2021 to Mar 25, 2022
- Pension plan clients · 3 to 2Jul 12, 2021 to Mar 25, 2022
- Employees · 14 to 13Jul 12, 2021 to Mar 25, 2022
- State-registered IARs · 4 to 3Jul 12, 2021 to Mar 25, 2022
- Discretionary RAUM · $138M to $144MJul 12, 2021 to Mar 25, 2022
- HNW RAUM · $485M to $589MJul 12, 2021 to Mar 25, 2022
- Individual RAUM · $6.8M to $7.5MJul 12, 2021 to Mar 25, 2022
- Non-discretionary RAUM · $4.9B to $5.5BJul 12, 2021 to Mar 25, 2022
- Pension RAUM · $230M to $236MJul 12, 2021 to Mar 25, 2022
- RAUM · $5.1B to $5.6BJul 12, 2021 to Mar 25, 2022
- Accounts · 129 to 120Jun 24, 2020 to Mar 30, 2021
- Charity clients · 53 to 50Jun 24, 2020 to Mar 30, 2021
- HNW clients · 23 to 27Jun 24, 2020 to Mar 30, 2021
- Individual clients · 38 to 33Jun 24, 2020 to Mar 30, 2021
- Pension plan clients · 5 to 3Jun 24, 2020 to Mar 30, 2021
Signals
5 dated events
- Adam M Dietz left Fourth Street Performance Partners, Inc. for Mariner Institutional, Llc (registered 2024-06-02)Apr 24, 2024 · Advisor changed firm · fact
- David Franklin King left Fourth Street Performance Partners, Inc. for Mariner Institutional, Llc (registered 2024-09-10)Apr 24, 2024 · Advisor changed firm · fact
- 2 advisors left Fourth Street Performance Partners, Inc. (Covington, KY) for Mariner Institutional, LLC on the same dayApr 24, 2024 · Team lift-out · derived
- Mallory Ann Singh left Fourth Street Performance Partners, Inc. for Towers Watson Investment Services, Inc. (registered 2024-09-16)May 26, 2023 · Advisor changed firm · fact
- Fourth Street Performance Partners, Inc. reported RAUM $5.5B, up 27% from $4.3B (2019-03-27 to 2020-04-01)Apr 1, 2020 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
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