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
Orange Investment Advisors, Inc.
Latest filing Mar 19, 2026
First filing on the tape Jan 26, 2012 · 33 filings
SEC status approved since Apr 7, 1995
RAUM
$1.7B
reported, Item 5.F
Discretionary
88%
of RAUM
Private clients
76%
$1.3B individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$209M
derived; firm RAUM over IAPD count
Employees
18
8 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$1.7B as of Mar 19, 2026
Jan 26, 2012$278M then
HNW client RAUM$973M as of Mar 19, 2026
Mar 15, 2018$468M then
State-registered IARs (5.B.3)8 as of Mar 19, 2026
Feb 1, 20130 then
Employees (5.A)18 as of Mar 19, 2026
Feb 1, 20138 then
Private funds: no history
RAUM +1.1% over the last fiscal year+14% a year over threeIARs 11 to 8
Practice profile
derived from the filing of Mar 19, 2026; every figure names its basis
Archetypes, each a printed rule
- 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
- RAUM per advisor
- $209MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 163derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.6MderivedHNW RAUM over HNW clients
- Average account
- $765,671derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 88%derivedof RAUM
- Institutional
- 9.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.3derivedItem 5.A over advisors
- Advisors per office
- 4.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +1.1%derivedbetween the last two annual amendments
- Advisor growth, one year
- -27%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -2.3%derived
- Compensation
- percentage of assets, hourly, fixed fees, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, pension consulting, selection of other advisers, otherreportedItem 5.G
- Custody
- $328M, 521 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)
- has custody of client securities (9.A.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$973M58%
- Individuals$296M18%
- Corporations and businesses$181M11%
- Charitable organizations$121M7.3%
- Investment companies$61.0M3.7%
- Pension and profit-sharing plans$21.2M1.3%
- State and municipal entities$15.5M0.9%
- Individual clients
- 937reported
- HNW clients
- 370reported
- Pension plan clients
- 9reported
- Charitable clients
- 21reported
- Accounts
- 2,179reported
- Financial planning clients
- 11-25reported
- Wrap fee programs
- noreported
- Custody of client assets
- $328M for 521 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.76 fund_share=0.04 institutional_share=0.09 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Michael Maurice RundleCertified Financial Planner | Goshen, Ny | Feb 7, 2014 | 29 y | 0 |
| Bryan Scott Scheels | Goshen, Ny | Jun 6, 2021 | 17 y | 0 |
| James Matthew Serkes | Goshen, Ny | Mar 18, 2022 | 25 y | 0 |
| David Dominic Panebianco | Goshen, Ny | Jun 1, 2022 | 26 y | 0 |
| Curt Arri Schultzberg | Goshen, Ny | Dec 7, 2022 | 32 y | 7 |
| Steven Richard Maurer | Goshen, Ny | Feb 13, 2023 | 34 y | 0 |
| Stephen Richard SoperCertified Financial Planner | Goshen, Ny | Feb 3, 2026 | 31 y | 9 |
| Sviatlana Maslava | Goshen, Ny | Jun 16, 2026 | 16 y | 5 |
Advisor movement
4 left, 2 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 50% of current headcount5 left over 36 months
Left, latest
- Ronald Pauly Mayfield to Hv Capital ManagementDec 23, 2025 · RIA to a newly registered adviser
- Melissa J. Mineau to Hv Capital ManagementDec 23, 2025 · RIA to a newly registered adviser
- Kelly Marie Lynch-Moloney to Palisade Capital Management, LPDec 9, 2025 · RIA to RIA
- Samantha Marie Booth to Beacon TrustNov 10, 2025 · RIA to RIA
- Gustave Joseph Scacco to Advisors Capital Management, LLCSep 9, 2025 · RIA to RIA
- James A Fitzgerald to Wells Fargo AdvisorsJan 12, 2023 · RIA to wirehouse
Joined, latest
- Sviatlana Maslava from Commonwealth Financial NetworkJun 16, 2026 · Affiliated broker-dealer or bank to independent RIA
- Stephen Richard Soper from Osaic Institutions, Inc.Feb 3, 2026 · Affiliated broker-dealer or bank to independent RIA
- Curt Arri Schultzberg from American Portfolios Advisors, IncDec 7, 2022 · Affiliated broker-dealer or bank to independent RIA
- Samantha Marie Booth from Merrill Lynch, Pierce, Fenner & Smith IncorporatedMar 17, 2022 · Wirehouse to independent RIA
- Ronald Pauly Mayfield from LPL Financial LLCJun 7, 2021 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Hv Capital ManagementDec 23, 2025 · Goshen, Ny
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Padraic David Dineen · Directorcontrolsince 04/2025 · owns less than 5%
- Denis Fatovic · Directorcontrolsince 03/2022 · owns less than 5%
- Michael Gilfeather · Directorcontrolsince 07/2014 · owns less than 5%
- Louis Heimbach · Directorcontrolsince 09/2013 · owns less than 5%
- Alan Mark Lazarczyk · Chief Compliance Officercontrolsince 11/2012 · owns less than 5%
- Richard Steven Maurer · Chief Compliance Officer, Chief Operating Officercontrolsince 01/2026 · owns less than 5%
- Davis William Morrison · Directorcontrolsince 01/2023 · owns less than 5%
- Bennett Richard Rowley · Directorcontrolsince 01/2023 · owns less than 5%
- Joseph Gustave Scacco · Ceo/Ciocontrolsince 02/2015 · owns less than 5%
- Arri Curt Schultzberg · Presidentcontrolsince 01/2026 · owns less than 5%
- Joseph Frank Skuthan · Directorcontrolsince 01/2023 · owns less than 5%
- Elizabeth Stradar · Directorcontrolsince 10/2018 · owns less than 5%
Entity owners
- Orange County Bancorp Inc · Shareholderdirect · owns 75% or more · public reporting company
Related persons
Schedule D 7.A
- Orange Bank & Trust Companyn
Advisers that list Orange Investment Advisors, Inc. as a related person
- 140552 y
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Goshen, Ny · principal | 8 | 2 | 4 | 1 |
Offices
Schedule D 1.F, the 25 largest
- White Plains, NY1 employees
ADV anomalies
7 against comparable advisers; where to look, not conclusions
- advisors down RAUM stableCombination · filing Mar 19, 2026the 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 $1,650,937,707 to $1,668,397,741, advisors 11 to 8, private clients 1338 to 1307, offices 1 to 1 (2025-03-28 to 2026-03-19)peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Mar 19, 2026MAURER, STEVEN, RICHARD (CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER) appeared on Schedule A between the filings of 2023-03-13 and 2026-03-19peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Mar 19, 2026Schultzberg, Curt, Arri (PRESIDENT) appeared on Schedule A between the filings of 2023-03-13 and 2026-03-19peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Mar 19, 2026DINEEN, David, PADRAIC (DIRECTOR) appeared on Schedule A between the filings of 2023-03-13 and 2026-03-19peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Mar 19, 2026SCACCO, GUSTAVE, JOSEPH (CEO/CIO) left Schedule A between the filings of 2023-03-13 and 2026-03-19peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Mar 19, 2026LAZARCZYK, MARK, ALAN (CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2023-03-13 and 2026-03-19peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Mar 19, 2026HEIMBACH, LOUIS (DIRECTOR) left Schedule A between the filings of 2023-03-13 and 2026-03-19peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 2,206 to 2,179Jan 29, 2026 to Mar 19, 2026
- Charity clients · 34 to 21Jan 29, 2026 to Mar 19, 2026
- Corporate clients · 23 to 45Jan 29, 2026 to Mar 19, 2026
- HNW clients · 373 to 370Jan 29, 2026 to Mar 19, 2026
- Individual clients · 965 to 937Jan 29, 2026 to Mar 19, 2026
- Pension plan clients · 10 to 9Jan 29, 2026 to Mar 19, 2026
- Assets in custody · $399M to $328MJan 29, 2026 to Mar 19, 2026
- Employees · 19 to 18Jan 29, 2026 to Mar 19, 2026
- State-registered IARs · 11 to 8Jan 29, 2026 to Mar 19, 2026
- Discretionary RAUM · $1.4B to $1.5BJan 29, 2026 to Mar 19, 2026
- HNW RAUM · $1.1B to $973MJan 29, 2026 to Mar 19, 2026
- Individual RAUM · $275M to $296MJan 29, 2026 to Mar 19, 2026
- Non-discretionary RAUM · $213M to $198MJan 29, 2026 to Mar 19, 2026
- Pension RAUM · $19.5M to $21.2MJan 29, 2026 to Mar 19, 2026
- RAUM · $1.7B to $1.7BJan 29, 2026 to Mar 19, 2026
- Business name · HUDSON VALLEY INVESTMENT ADVISORS, INC. to ORANGE INVESTMENT ADVISORS, INC.Jun 25, 2025 to Oct 14, 2025
- Legal name · HUDSON VALLEY INVESTMENT ADVISORS, INC. to ORANGE INVESTMENT ADVISORS, INC.Jun 25, 2025 to Oct 14, 2025
- Financial planning clients · 11-25 to 11-25Mar 28, 2025 to Jun 25, 2025
- Accounts · 2,047 to 2,206Sep 16, 2024 to Mar 28, 2025
- Charity clients · 42 to 34Sep 16, 2024 to Mar 28, 2025
- Corporate clients · 31 to 23Sep 16, 2024 to Mar 28, 2025
- HNW clients · 321 to 373Sep 16, 2024 to Mar 28, 2025
- Individual clients · 874 to 965Sep 16, 2024 to Mar 28, 2025
- Pension plan clients · 14 to 10Sep 16, 2024 to Mar 28, 2025
- Assets in custody · $348M to $399MSep 16, 2024 to Mar 28, 2025
- Employees · 20 to 19Sep 16, 2024 to Mar 28, 2025
- State-registered IARs · 12 to 11Sep 16, 2024 to Mar 28, 2025
- Discretionary RAUM · $1.2B to $1.4BSep 16, 2024 to Mar 28, 2025
- HNW RAUM · $881M to $1.1BSep 16, 2024 to Mar 28, 2025
- Individual RAUM · $259M to $275MSep 16, 2024 to Mar 28, 2025
- Non-discretionary RAUM · $183M to $213MSep 16, 2024 to Mar 28, 2025
- Pension RAUM · $24.7M to $19.5MSep 16, 2024 to Mar 28, 2025
- RAUM · $1.4B to $1.7BSep 16, 2024 to Mar 28, 2025
- Accounts · 1,863 to 2,047Jun 22, 2023 to Mar 26, 2024
- Advisory employees · 7 to 8Jun 22, 2023 to Mar 26, 2024
- Charity clients · 28 to 42Jun 22, 2023 to Mar 26, 2024
- Corporate clients · 24 to 31Jun 22, 2023 to Mar 26, 2024
- HNW clients · 257 to 321Jun 22, 2023 to Mar 26, 2024
- Individual clients · 844 to 874Jun 22, 2023 to Mar 26, 2024
- Pension plan clients · 13 to 14Jun 22, 2023 to Mar 26, 2024
Signals
15 dated events
- Melissa J. Mineau left Orange Investment Advisors, Inc. for Hv Capital Management (registered 2025-12-21)Dec 23, 2025 · Advisor changed firm · fact
- Ronald Pauly Mayfield left Orange Investment Advisors, Inc. for Hv Capital Management (registered 2025-12-21)Dec 23, 2025 · Advisor changed firm · fact
- 2 advisors left Orange Investment Advisors, Inc. (Goshen, NY) for HV Capital Management on the same dayDec 23, 2025 · Team lift-out · derived
- Kelly Marie Lynch-Moloney left Orange Investment Advisors, Inc. for Palisade Capital Management, Lp (registered 2026-01-06)Dec 9, 2025 · Advisor changed firm · fact
- Samantha Marie Booth left Orange Investment Advisors, Inc. for Beacon Trust (registered 2025-11-20)Nov 10, 2025 · Advisor changed firm · fact
- Gustave Joseph Scacco left Orange Investment Advisors, Inc. for Advisors Capital Management, Llc (registered 2025-09-16)Sep 9, 2025 · Advisor changed firm · fact
- Davis William Morrison (Director) appeared on Schedule A of Orange Investment Advisors, Inc.Mar 13, 2023 · Control person joined · fact
- Joseph Frank Skuthan (Director) appeared on Schedule A of Orange Investment Advisors, Inc.Mar 13, 2023 · Control person joined · fact
- Bennett Richard Rowley (Director) appeared on Schedule A of Orange Investment Advisors, Inc.Mar 13, 2023 · Control person joined · fact
- James A Fitzgerald left Orange Investment Advisors, Inc. for Wells Fargo Advisors (registered 2022-10-25)Jan 12, 2023 · Advisor changed firm · fact
- Peter Larkin (Director) no longer on Schedule A of Orange Investment Advisors, Inc. (listed 2022-03-21, absent 2022-11-17)Nov 17, 2022 · Control person left · inference
- Vito Thomas Guarino (Director) no longer on Schedule A of Orange Investment Advisors, Inc. (listed 2022-03-21, absent 2022-11-17)Nov 17, 2022 · Control person left · inference
- Michael Markhoff (Director) no longer on Schedule A of Orange Investment Advisors, Inc. (listed 2022-03-21, absent 2022-11-17)Nov 17, 2022 · Control person left · inference
- Denis Fatovic (Director) appeared on Schedule A of Orange Investment Advisors, Inc.Nov 17, 2022 · Control person joined · fact
- Elizabeth Stradar (Director) appeared on Schedule A of Orange Investment Advisors, Inc.Mar 21, 2019 · Control person joined · 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
- Business phone
- 845-294-1438reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 914-290-5978reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 845-294-6127reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/orangeinvestmentadvisorsreportedpublic record, Form ADV, Sep 17, 2026
- Website
- orangeinvestmentadvisors.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 845-294-6127reportedpublic record, Form ADV, Mar 19, 2026
- Contact form
- orangeinvestmentadvisors.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- orangeinvestmentadvisors.com/our-firm/our-teamreportedpublished by the firm, firm site, Sep 15, 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
- $209Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026