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
Pennsylvania Capital Management Inc.
Latest filing Mar 26, 2026
First filing on the tape Mar 12, 2012 · 37 filings
SEC status approved since Dec 4, 1995
RAUM
$849M
reported, Item 5.F
Discretionary
69%
of RAUM
Private clients
96%
$816M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$170M
derived; firm RAUM over IAPD count
Employees
10
4 advisory (5.B.1)
Offices
6
beyond the principal office
Private funds
0
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$849M as of Mar 26, 2026
Mar 12, 2012$355M then
HNW client RAUM$777M as of Mar 26, 2026
Mar 24, 2018$298M then
State-registered IARs (5.B.3)5 as of Mar 26, 2026
Mar 12, 20120 then
Employees (5.A)10 as of Mar 26, 2026
Apr 1, 20139 then
Private funds: no history
RAUM +12% over the last fiscal year+14% a year over threeIARs 5 to 5offices 5 to 6
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
- RAUM per advisor
- $170MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 40derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $7.1MderivedHNW RAUM over HNW clients
- Average account
- $812,101derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 69%derivedof RAUM
- Institutional
- 2.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 0.7derived7 offices incl. principal (1.F.5)
- RAUM growth, one year
- +12%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +1.5%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $105M, 15 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$777M92%
- Individuals$38.2M4.5%
- Corporations and businesses$13.5M1.6%
- Pension and profit-sharing plans$12.4M1.5%
- Charitable organizations$7.2M0.9%
- Individual clients
- 91reported
- HNW clients
- 109reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1,045reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- $105M for 15 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.96 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Irvin G SchorschCertified Financial Planner | Huntingdon Valley, Pa | Apr 10, 1996 | 44 y | 1 |
| Stephen Thomas Palmer | Huntingdon Valley, Pa | May 1, 2006 | 20 y | 0 |
| Donna M Zanetti | Huntingdon Valley, Pa | May 9, 2013 | 39 y | 1 |
| Christopher MallonCertified Financial Planner | Malvern, Pa | May 25, 2018 | 10 y | 1 |
| Andrew Michael RandisiCertified Financial Planner | Huntingdon Valley, Pa | Oct 30, 2019 | 14 y | 0 |
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
- Danielle Kaye Margulis to Meyer Capital GroupOct 18, 2017 · Other
Joined, latest
- Christopher Mallon from Hobbs Group Advisors LLCMay 25, 2018 · RIA to RIA
- Danielle Kaye Margulis from Pinnacle Financial Advisors, LLCMay 9, 2013 · Other
- Donna M Zanetti from Western International SecuritiesMay 9, 2013 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- G Irvin Schorsch · President/Director/Secretary/Treasurer/Chief Compliance Officercontrolsince 08/1995 · owns 75% or more
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 |
|---|---|---|---|---|---|
| Huntingdon Valley, Pa · principal | 5 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- high office count relative to headcountStatic outlier · filing Mar 26, 2026offices per registered advisor of 1.4 against a peer median of 0.5 (358 comparable advisers, 99.0th percentile, 3.6 robust deviations)peers: independent wealth managers, $500M to $1B (358) · 99% percentile
What changed
consecutive filings, newest first
- Accounts · 1,033 to 1,045Mar 19, 2025 to Mar 26, 2026
- HNW clients · 106 to 109Mar 19, 2025 to Mar 26, 2026
- Assets in custody · $51.9M to $105MMar 19, 2025 to Mar 26, 2026
- Other offices · 5 to 6Mar 19, 2025 to Mar 26, 2026
- Discretionary RAUM · $524M to $583MMar 19, 2025 to Mar 26, 2026
- HNW RAUM · $678M to $777MMar 19, 2025 to Mar 26, 2026
- Individual RAUM · $35.9M to $38.2MMar 19, 2025 to Mar 26, 2026
- Non-discretionary RAUM · $235M to $266MMar 19, 2025 to Mar 26, 2026
- Pension RAUM · $10.8M to $12.4MMar 19, 2025 to Mar 26, 2026
- RAUM · $759M to $849MMar 19, 2025 to Mar 26, 2026
- Accounts · 1,079 to 1,033Apr 2, 2024 to Mar 19, 2025
- HNW clients · 101 to 106Apr 2, 2024 to Mar 19, 2025
- Individual clients · 79 to 91Apr 2, 2024 to Mar 19, 2025
- Assets in custody · $45.4M to $51.9MApr 2, 2024 to Mar 19, 2025
- Employees · 11 to 10Apr 2, 2024 to Mar 19, 2025
- Financial planning clients · 1-10 to 1-10Apr 2, 2024 to Mar 19, 2025
- Discretionary RAUM · $511M to $524MApr 2, 2024 to Mar 19, 2025
- HNW RAUM · $606M to $678MApr 2, 2024 to Mar 19, 2025
- Individual RAUM · $30.2M to $35.9MApr 2, 2024 to Mar 19, 2025
- Non-discretionary RAUM · $167M to $235MApr 2, 2024 to Mar 19, 2025
- Pension RAUM · $9.7M to $10.8MApr 2, 2024 to Mar 19, 2025
- RAUM · $678M to $759MApr 2, 2024 to Mar 19, 2025
- Accounts · 1,048 to 1,079Nov 30, 2023 to Mar 29, 2024
- HNW clients · 89 to 101Nov 30, 2023 to Mar 29, 2024
- Assets in custody · $31.5M to $45.4MNov 30, 2023 to Mar 29, 2024
- Financial planning clients · 101-250 to 1-10Nov 30, 2023 to Mar 29, 2024
- Discretionary RAUM · $426M to $511MNov 30, 2023 to Mar 29, 2024
- HNW RAUM · $505M to $606MNov 30, 2023 to Mar 29, 2024
- Individual RAUM · $29.8M to $30.2MNov 30, 2023 to Mar 29, 2024
- Non-discretionary RAUM · $146M to $167MNov 30, 2023 to Mar 29, 2024
- Pension RAUM · $8.1M to $9.7MNov 30, 2023 to Mar 29, 2024
- RAUM · $572M to $678MNov 30, 2023 to Mar 29, 2024
- Other offices · 4 to 5Jun 12, 2023 to Nov 30, 2023
- Accounts · 999 to 1,048Jan 6, 2023 to Mar 25, 2023
- HNW clients · 97 to 89Jan 6, 2023 to Mar 25, 2023
- Individual clients · 65 to 79Jan 6, 2023 to Mar 25, 2023
- Assets in custody · $86.9M to $31.5MJan 6, 2023 to Mar 25, 2023
- Financial planning clients · 1-10 to 101-250Jan 6, 2023 to Mar 25, 2023
- Other offices · 3 to 4Jan 6, 2023 to Mar 25, 2023
- Discretionary RAUM · $566M to $426MJan 6, 2023 to Mar 25, 2023
Signals
2 dated events
- Pennsylvania Capital Management Inc. reported RAUM $630.2M, up 36% from $463.5M (2020-06-23 to 2021-03-26)Mar 26, 2021 · RAUM change · derived
- Pennsylvania Capital Management Inc. reported RAUM $463.5M, up 34% from $346.8M (2019-07-08 to 2020-03-24)Mar 24, 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.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/pcmadvisorsreportedpublic record, Form ADV, Sep 17, 2026
- Website
- PCMCANHELP.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 215-881-7700reportedpublic record, Form ADV, Mar 26, 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
- $170Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026