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

Magellan Investment Partners North America, Inc.

Asset manager (funds and pooled vehicles)Westmont, IllinoisCRD 107420SEC 801-52123websiteIAPD
Latest filing Jan 27, 2026
First filing on the tape Mar 22, 2012 · 26 filings
SEC status approved since Jun 7, 1996
RAUM
$119M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$119M
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$119M as of Jan 27, 2026
Mar 22, 2012$226M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jan 27, 2026
Mar 25, 20130 then
Employees (5.A)4 as of Jan 27, 2026
Mar 25, 201310 then
Private funds: no history
RAUM -73% over the last fiscal year-59% a year over threeIARs 1 to 0
Practice profile
derived from the filing of Jan 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$119MderivedRAUM 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
$59.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-73%derivedbetween the last two annual amendments
Advisor growth, one year
-100%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for investment companies, 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$119M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=3.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Benjamin Decator JonesHeber City, UtFeb 17, 202617 y5
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
      • Decator Benjamin Jones · Managing Director, Secretarycontrol
        since 06/2024 · owns less than 5%
      • Spurgeon Charles Thompson · President, Treasurercontrol
        since 06/2024 · owns less than 5%
      • Joseph Mark Deangelis · Chief Compliance Officer
        since 09/2024 · owns less than 5%
      Entity owners
      • Frontier North America Holdings Inc. · Holding Company
        direct · owns 75% or more
      • Magellan Financial Group Limited · Parent Entity
        indirect · owns 75% or more of Frontier North America Holdings Inc.
      Related persons
      Schedule D 7.A
      Advisers that list Magellan Investment Partners North America, Inc. as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM down 50 %Change between filings · filing Jan 27, 2026
        RAUM (Item 5.F) moved from $439,667,768 to $119,280,634 (-73.0%) between the annual amendments of 2024-09-27 and 2026-01-27; the peer median change was +4.0% (1148 comparable advisers, 2.0th percentile of changes)
        peers: asset managers, $100M to $500M (1,148) · 1.6% percentile
      What changed
      consecutive filings, newest first
      • Succession · true to false
        Dec 5, 2025 to Jan 27, 2026
      • Business name · FRONTEGRA ASSET MANAGEMENT INC to MAGELLAN INVESTMENT PARTNERS NORTH AMERICA, INC.
        Sep 26, 2025 to Dec 5, 2025
      • Employees · 3 to 4
        Sep 26, 2025 to Dec 5, 2025
      • Legal name · FRONTEGRA ASSET MANAGEMENT INC to MAGELLAN INVESTMENT PARTNERS NORTH AMERICA, INC.
        Sep 26, 2025 to Dec 5, 2025
      • Succession · false to true
        Sep 26, 2025 to Dec 5, 2025
      • Advisory activities · 3 to 2
        Oct 7, 2024 to Sep 26, 2025
      • Insurance-licensed employees · 1 to 0
        Oct 7, 2024 to Sep 26, 2025
      • Financial planning clients · unset to
        Oct 7, 2024 to Sep 26, 2025
      • State-registered IARs · 1 to 0
        Oct 7, 2024 to Sep 26, 2025
      • Discretionary RAUM · $440M to $119M
        Oct 7, 2024 to Sep 26, 2025
      • RAUM · $440M to $119M
        Oct 7, 2024 to Sep 26, 2025
      • Accounts · 6 to 2
        Jun 25, 2024 to Sep 27, 2024
      • BD registered reps · 4 to 3
        Jun 25, 2024 to Sep 27, 2024
      • Pooled vehicle clients · 1.0 to unset
        Jun 25, 2024 to Sep 27, 2024
      • Employees · 4 to 3
        Jun 25, 2024 to Sep 27, 2024
      • Insurance-licensed employees · 0 to 1
        Jun 25, 2024 to Sep 27, 2024
      • HQ city · NORTHBROOK to WESTMONT
        Jun 25, 2024 to Sep 27, 2024
      • State-registered IARs · 0 to 1
        Jun 25, 2024 to Sep 27, 2024
      • Discretionary RAUM · $717M to $440M
        Jun 25, 2024 to Sep 27, 2024
      • Pooled vehicle RAUM · 61045136.0 to unset
        Jun 25, 2024 to Sep 27, 2024
      • RAUM · $717M to $440M
        Jun 25, 2024 to Sep 27, 2024
      • BD registered reps · 5 to 4
        Mar 4, 2024 to Jun 25, 2024
      • Employees · 7 to 4
        Mar 4, 2024 to Jun 25, 2024
      • Accounts · 7 to 6
        Sep 19, 2022 to Sep 13, 2023
      • Advisory employees · 4 to 3
        Sep 19, 2022 to Sep 13, 2023
      • BD registered reps · 6 to 5
        Sep 19, 2022 to Sep 13, 2023
      • Employees · 8 to 7
        Sep 19, 2022 to Sep 13, 2023
      • Discretionary RAUM · $1.7B to $717M
        Sep 19, 2022 to Sep 13, 2023
      • Pooled vehicle RAUM · $60.9M to $61.0M
        Sep 19, 2022 to Sep 13, 2023
      • RAUM · $1.7B to $717M
        Sep 19, 2022 to Sep 13, 2023
      • Accounts · 6 to 7
        Oct 29, 2021 to Sep 19, 2022
      • Advisory employees · 5 to 4
        Oct 29, 2021 to Sep 19, 2022
      • BD registered reps · 7 to 6
        Oct 29, 2021 to Sep 19, 2022
      • Employees · 11 to 8
        Oct 29, 2021 to Sep 19, 2022
      • Discretionary RAUM · $3.0B to $1.7B
        Oct 29, 2021 to Sep 19, 2022
      • Pooled vehicle RAUM · $89.9M to $60.9M
        Oct 29, 2021 to Sep 19, 2022
      • RAUM · $3.0B to $1.7B
        Oct 29, 2021 to Sep 19, 2022
      • Discretionary RAUM · $2.8B to $3.0B
        Mar 15, 2021 to Sep 15, 2021
      • Pooled vehicle RAUM · $76.1M to $89.9M
        Mar 15, 2021 to Sep 15, 2021
      • RAUM · $2.8B to $3.0B
        Mar 15, 2021 to Sep 15, 2021
      Signals
      17 dated events
      • Magellan Investment Partners North America, Inc. reported succeeding to the business of Frontegra Asset Management Inc (Form ADV Item 4)
        Dec 5, 2025 · Succession (Item 4) · fact
      • Magellan Investment Partners North America, Inc. reported RAUM $119.3M, down 73% from $439.7M (2024-10-07 to 2025-09-26)
        Sep 26, 2025 · RAUM change · derived
      • Magellan Investment Partners North America, Inc. reported RAUM $439.7M, down 39% from $716.8M (2024-06-25 to 2024-09-27)
        Sep 27, 2024 · RAUM change · derived
      • Diane Elyce Dilworth (Chief Compliance Officer, Secretary (Since 8/2008)) no longer on Schedule A of Magellan Investment Partners North America, Inc. (listed 2024-06-25, absent 2024-09-27)
        Sep 27, 2024 · Control person left · inference
      • Brian Daniel Lortz (Vice President) no longer on Schedule A of Magellan Investment Partners North America, Inc. (listed 2024-06-25, absent 2024-09-27)
        Sep 27, 2024 · Control person left · inference
      • Decator Benjamin Jones (Managing Director) appeared on Schedule A of Magellan Investment Partners North America, Inc.
        Jun 25, 2024 · Control person joined · fact
      • Donald William Forsyth (President/Treasurer/Assistant Secretary/Director/Partner) no longer on Schedule A of Magellan Investment Partners North America, Inc. (listed 2024-03-04, absent 2024-06-25)
        Jun 25, 2024 · Control person left · inference
      • Alan Christopher Currie (Chief Operating Officer) no longer on Schedule A of Magellan Investment Partners North America, Inc. (listed 2024-03-04, absent 2024-06-25)
        Jun 25, 2024 · Control person left · inference
      • Spurgeon Charles Thompson (Director) appeared on Schedule A of Magellan Investment Partners North America, Inc.
        Mar 4, 2024 · Control person joined · fact
      • Alan Mark Ziehr (Vice President) no longer on Schedule A of Magellan Investment Partners North America, Inc. (listed 2023-09-13, absent 2024-01-30)
        Jan 30, 2024 · Control person left · inference
      • Brian Daniel Lortz (Vice President) appeared on Schedule A of Magellan Investment Partners North America, Inc.
        Jan 30, 2024 · Control person joined · fact
      • Magellan Investment Partners North America, Inc. reported RAUM $716.8M, down 57% from $1.7B (2022-09-19 to 2023-09-13)
        Sep 13, 2023 · RAUM change · derived
      • Magellan Investment Partners North America, Inc. reported RAUM $1.7B, down 44% from $3.0B (2021-10-29 to 2022-09-19)
        Sep 19, 2022 · RAUM change · derived
      • Alan Mark Ziehr (Vice President) appeared on Schedule A of Magellan Investment Partners North America, Inc.
        Sep 19, 2022 · Control person joined · fact
      • Alan Christopher Currie (Chief Operating Officer) appeared on Schedule A of Magellan Investment Partners North America, Inc.
        Sep 22, 2020 · Control person joined · fact
      • Magellan Investment Partners North America, Inc. reported RAUM $2.4B, up 38% from $1.8B (2019-03-27 to 2020-03-23)
        Mar 23, 2020 · RAUM change · derived
      • Magellan Investment Partners North America, Inc. reported RAUM $2.1B, up 31% from $1.6B (2017-03-27 to 2018-03-22)
        Mar 22, 2018 · 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.
      How to reach
      public business contact points only, each with its source
      Website
      us.magellaninvestmentpartners.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      847-509-9860reportedpublic record, Form ADV, Jan 27, 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
      $119Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026