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

Mediqus Asset Advisors, Inc.

Independent wealth managerChicago, IllinoisCRD 107694SEC 801-50225websiteIAPD
Legal name Mediqus Asset Advisors Inc
Latest filing Mar 24, 2026
First filing on the tape Mar 15, 2012 · 30 filings
SEC status approved since Sep 28, 1995
RAUM
$1.5B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
70%
$1.0B individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$291M
derived; firm RAUM over IAPD count
Employees
11
6 advisory (5.B.1)
Offices
6
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$1.5B as of Mar 24, 2026
Mar 15, 2012$422M then
HNW client RAUM$933M as of Mar 24, 2026
Mar 15, 2018$486M then
State-registered IARs (5.B.3)6 as of Mar 24, 2026
Mar 15, 20120 then
Employees (5.A)11 as of Mar 24, 2026
Mar 6, 20139 then
Private funds: no history
RAUM +12% over the last fiscal year+10% a year over threeIARs 5 to 6offices 5 to 6
Practice profile
derived from the filing of Mar 24, 2026; every figure names its basis
RAUM per advisor
$291MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
142derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$912,343derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
16%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.2derivedItem 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
+20%derivedItem 5.B.3 between annual amendments
Client growth, one year
-2.7%derived
Compensation
percentage of assets, hourly, fixed fees, commissionsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, educational seminarsreportedItem 5.G
Custody
$183M, 153 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
  • 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$933M64%
  • Corporations and businesses$203M14%
  • Charitable organizations$176M12%
  • Individuals$83.8M5.8%
  • Pension and profit-sharing plans$59.6M4.1%
Individual clients
409reported
HNW clients
302reported
Pension plan clients
15reported
Charitable clients
67reported
Accounts
1,596reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$183M for 153 clientsreported
Compensation
% of AUM, fixed, hourly, commissionsreported
Class basis
private_client_share=0.7 fund_share=0.0 institutional_share=0.16 related_bd=false related_bank=false bd_reps=4.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Ronald James PaprockiCertified Financial PlannerClearwater Beach, Fl Aug 6, 199634 y0
Lee Anthony CatalanoCertified Financial PlannerChicago, IlDec 20, 199742 y0
Jeffrey William WitzCertified Financial PlannerChicago, IlJun 20, 201615 y0
Matthew Wallace PaprockiCertified Financial Planner, Chartered Financial AnalystChicago, IlSep 1, 201610 y0
Julia KhazanCertified Financial PlannerChicago, IlAug 24, 202219 y0
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
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Kowall Karen Brask · Chief Operations Officercontrol
    since 01/2023 · owns less than 5%
  • Wallace Matthew Paprocki · Secretary / Senior Vice Presidentcontrol
    since 12/2022 · owns less than 5%
  • James Ronald Paprocki · President, Chief Executive Officer, Chief Compliance Officercontrol
    since 09/2020 · 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
OfficeAdvisorsJoinedLeftTeams outForming
Chicago, Il · principal500
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • high office count relative to headcountStatic outlier · filing Mar 24, 2026
    offices per registered advisor of 1.4 against a peer median of 0.3 (529 comparable advisers, 99.0th percentile, 4.6 robust deviations)
    peers: independent wealth managers, $1B to $5B (529) · 99% percentile
What changed
consecutive filings, newest first
  • Accounts · 1,399 to 1,596
    Dec 5, 2025 to Mar 24, 2026
  • Charity clients · 21 to 67
    Dec 5, 2025 to Mar 24, 2026
  • Corporate clients · 85 to 38
    Dec 5, 2025 to Mar 24, 2026
  • HNW clients · 277 to 302
    Dec 5, 2025 to Mar 24, 2026
  • Individual clients · 454 to 409
    Dec 5, 2025 to Mar 24, 2026
  • Pension plan clients · 19 to 15
    Dec 5, 2025 to Mar 24, 2026
  • Assets in custody · $252M to $183M
    Dec 5, 2025 to Mar 24, 2026
  • Employees · 10 to 11
    Dec 5, 2025 to Mar 24, 2026
  • State-registered IARs · 5 to 6
    Dec 5, 2025 to Mar 24, 2026
  • Other offices · 5 to 6
    Dec 5, 2025 to Mar 24, 2026
  • Discretionary RAUM · $1.3B to $1.5B
    Dec 5, 2025 to Mar 24, 2026
  • HNW RAUM · $801M to $933M
    Dec 5, 2025 to Mar 24, 2026
  • Individual RAUM · $94.9M to $83.8M
    Dec 5, 2025 to Mar 24, 2026
  • Pension RAUM · $68.0M to $59.6M
    Dec 5, 2025 to Mar 24, 2026
  • RAUM · $1.3B to $1.5B
    Dec 5, 2025 to Mar 24, 2026
  • Financial planning clients · 101-250 to 101-250
    Mar 21, 2025 to May 13, 2025
  • Accounts · 1,544 to 1,399
    Apr 3, 2024 to Mar 21, 2025
  • Advisory employees · 7 to 6
    Apr 3, 2024 to Mar 21, 2025
  • BD registered reps · 5 to 4
    Apr 3, 2024 to Mar 21, 2025
  • Charity clients · 22 to 21
    Apr 3, 2024 to Mar 21, 2025
  • Corporate clients · 82 to 85
    Apr 3, 2024 to Mar 21, 2025
  • HNW clients · 300 to 277
    Apr 3, 2024 to Mar 21, 2025
  • Individual clients · 545 to 454
    Apr 3, 2024 to Mar 21, 2025
  • Pension plan clients · 26 to 19
    Apr 3, 2024 to Mar 21, 2025
  • Assets in custody · $157M to $252M
    Apr 3, 2024 to Mar 21, 2025
  • Custody of client assets · false to true
    Apr 3, 2024 to Mar 21, 2025
  • Employees · 11 to 10
    Apr 3, 2024 to Mar 21, 2025
  • State-registered IARs · 6 to 5
    Apr 3, 2024 to Mar 21, 2025
  • Other offices · 0 to 5
    Apr 3, 2024 to Mar 21, 2025
  • Discretionary RAUM · $1.1B to $1.3B
    Apr 3, 2024 to Mar 21, 2025
  • HNW RAUM · $706M to $801M
    Apr 3, 2024 to Mar 21, 2025
  • Individual RAUM · $172M to $94.9M
    Apr 3, 2024 to Mar 21, 2025
  • Non-discretionary RAUM · $116M to $0
    Apr 3, 2024 to Mar 21, 2025
  • Pension RAUM · $74.6M to $68.0M
    Apr 3, 2024 to Mar 21, 2025
  • RAUM · $1.3B to $1.3B
    Apr 3, 2024 to Mar 21, 2025
  • Accounts · 1,604 to 1,544
    May 18, 2023 to Mar 29, 2024
  • BD registered reps · 7 to 5
    May 18, 2023 to Mar 29, 2024
  • Charity clients · 24 to 22
    May 18, 2023 to Mar 29, 2024
  • Corporate clients · 78 to 82
    May 18, 2023 to Mar 29, 2024
  • HNW clients · 276 to 300
    May 18, 2023 to Mar 29, 2024
Signals
4 dated events
  • Mediqus Asset Advisors, Inc. reported 5 offices beyond its principal office, up from 0 (2024-04-03 to 2025-03-21)
    Mar 21, 2025 · Office count change · derived
  • Wallace Matthew Paprocki (Secretary / Vice President Institutional Services) appeared on Schedule A of Mediqus Asset Advisors, Inc.
    Mar 17, 2023 · Control person joined · fact
  • Kowall Karen Brask (Chief Operations Officer) appeared on Schedule A of Mediqus Asset Advisors, Inc.
    Mar 17, 2023 · Control person joined · fact
  • Michael Joel Blau (President) no longer on Schedule A of Mediqus Asset Advisors, Inc. (listed 2020-06-30, absent 2020-10-19)
    Oct 19, 2020 · Control person left · inference
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/mediqus-asset-advisors-inc-reportedpublic record, Form ADV, Sep 17, 2026
Website
MEDIQUS.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
312-419-3733reportedpublic record, Form ADV, Mar 24, 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
$291Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026