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
Compass Capital Management Inc
Latest filing Mar 26, 2026
First filing on the tape Mar 16, 2012 · 31 filings
SEC status approved since Jun 10, 1988
RAUM
$2.6B
reported, Item 5.F
Discretionary
93%
of RAUM
Private clients
75%
$1.9B individuals and HNW
Advisors
14
registered through the firm on IAPD
RAUM per advisor
$183M
derived; firm RAUM over IAPD count
Employees
20
10 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$2.6B as of Mar 26, 2026
Mar 16, 2012$541M then
HNW client RAUM$1.9B as of Mar 26, 2026
Mar 26, 2018$762M then
State-registered IARs (5.B.3)13 as of Mar 26, 2026
Mar 14, 20130 then
Employees (5.A)20 as of Mar 26, 2026
Mar 14, 20135 then
Private funds: no history
RAUM +21% over the last fiscal year+13% a year over threeIARs 9 to 13offices 0 to 1
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
Archetypes, each a printed rule
- 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
- $183MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 27derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $6.7MderivedHNW RAUM over HNW clients
- Average account
- $1.5MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 93%derivedof RAUM
- Institutional
- 15%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.4derivedItem 5.A over advisors
- Advisors per office
- 7.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +21%derivedbetween the last two annual amendments
- Advisor growth, one year
- +44%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +18%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, otherreportedItem 5.G
- Custody
- $23.0M, 1 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- 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$1.9B73%
- Corporations and businesses$261M10%
- Pension and profit-sharing plans$234M9.2%
- Charitable organizations$150M5.9%
- Individuals$46.9M1.8%
- Individual clients
- 101reported
- HNW clients
- 278reported
- Pension plan clients
- 30reported
- Charitable clients
- 21reported
- Accounts
- 1,676reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- $23.0M for 1 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.75 fund_share=0.0 institutional_share=0.15 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
14 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Charles Kelley | Minneapolis, Mn | Apr 28, 2004 | 38 y | 0 |
| Mark Anthony VitelliChartered Financial Analyst | Minneapolis, Mn | Dec 2, 2013 | 16 y | 1 |
| Leigh Niebuhr | Minneapolis, Mn | Jan 28, 2014 | 24 y | 0 |
| Mark Steven Halverson | Minneapolis, Mn | Jan 28, 2014 | 20 y | 2 |
| Christopher Charles Kelley | Minneapolis, Mn | May 19, 2014 | 18 y | 4 |
| Christopher Nuth | Minneapolis, Mn | May 15, 2020 | 11 y | 0 |
| Rachel Rebecca Krube | Minneapolis, Mn | Mar 25, 2024 | 11 y | 0 |
| Elizabeth Clare Alward | Minneapolis, Mn | May 21, 2024 | 12 y | 0 |
| Alyssa Blair Craggs | Minneapolis, Mn | Aug 1, 2024 | 11 y | 0 |
| Jordan Elizabeth Thorpe | Minneapolis, Mn | Aug 12, 2024 | 11 y | 0 |
| Rishi Biswas | Minneapolis, Mn | Feb 27, 2025 | 15 y | 0 |
| Richard Joseph StarkChartered Financial Analyst | Englewood, Co | Jul 28, 2025 | 42 y | 2 |
| Jay Michael Jackley | Minneapolis, Mn | Jan 1, 2026 | 30 y | 1 |
| Jennifer Ann Oseth | Minneapolis, Mn | Jan 1, 2026 | 11 y | 0 |
Advisor movement
0 left, 1 joined in 12 months
net +1 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
- Jay Michael Jackley from Merrill Lynch, Pierce, Fenner & Smith IncorporatedJan 1, 2026 · Wirehouse to independent RIA
- Richard Joseph Stark from Boulder Asset ManagementJul 28, 2025 · RIA to RIA
- Christopher Charles Kelley from Merrill Lynch, Pierce, Fenner & Smith IncorporatedMay 19, 2014 · Other
- Mark Anthony Vitelli from Morgan StanleyDec 2, 2013 · Other
- Mark Steven Halverson from RBC Capital Markets, LLCSep 26, 2008 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Charles Kelley · Principal/Founder Officercontrolsince 08/1988 · owns 50% to 75%
- Charles Christopher Kelley · Directorcontrolsince 07/2017 · owns less than 5%
- H Samuel Kelley · Directorcontrolsince 07/2017 · owns less than 5%
- Leigh Niebuhr · Senior Portfolio Manager & Chief Compliance Officercontrolsince 01/2013 · owns 10% to 25%
- C Phillip Stern · Presidentcontrolsince 04/2016 · owns less than 5%
- B Emily Kelley · Trustee Of The Emily B. Kelley Family Irrevocable Trustsince 12/2018 · owns 10% to 25%
Entity owners
- Emily B. Kelley Family Irrevocable Trust · Shareholderdirect · owns 10% to 25%
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 |
|---|---|---|---|---|---|
| Minneapolis, Mn · principal | 13 | 2 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Mar 26, 2026NIEBUHR, LEIGH (SENIOR PORTFOLIO MANAGER & CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2019-03-26 and 2026-03-26peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 1,661 to 1,676Jul 15, 2025 to Mar 26, 2026
- Charity clients · 23 to 21Jul 15, 2025 to Mar 26, 2026
- Corporate clients · 14 to 13Jul 15, 2025 to Mar 26, 2026
- HNW clients · 269 to 278Jul 15, 2025 to Mar 26, 2026
- Individual clients · 107 to 101Jul 15, 2025 to Mar 26, 2026
- Pension plan clients · 27 to 30Jul 15, 2025 to Mar 26, 2026
- Assets in custody · $3.7M to $23.0MJul 15, 2025 to Mar 26, 2026
- Employees · 22 to 20Jul 15, 2025 to Mar 26, 2026
- State-registered IARs · 14 to 13Jul 15, 2025 to Mar 26, 2026
- Discretionary RAUM · $2.4B to $2.4BJul 15, 2025 to Mar 26, 2026
- HNW RAUM · $1.9B to $1.9BJul 15, 2025 to Mar 26, 2026
- Individual RAUM · $51.8M to $46.9MJul 15, 2025 to Mar 26, 2026
- Non-discretionary RAUM · $179M to $177MJul 15, 2025 to Mar 26, 2026
- Pension RAUM · $214M to $234MJul 15, 2025 to Mar 26, 2026
- RAUM · $2.5B to $2.6BJul 15, 2025 to Mar 26, 2026
- Accounts · 1,502 to 1,661Mar 25, 2025 to Jul 15, 2025
- Advisory employees · 9 to 10Mar 25, 2025 to Jul 15, 2025
- Charity clients · 22 to 23Mar 25, 2025 to Jul 15, 2025
- Corporate clients · 9 to 14Mar 25, 2025 to Jul 15, 2025
- HNW clients · 239 to 269Mar 25, 2025 to Jul 15, 2025
- Individual clients · 81 to 107Mar 25, 2025 to Jul 15, 2025
- Pension plan clients · 26 to 27Mar 25, 2025 to Jul 15, 2025
- Assets in custody · unset to 3659536.0Mar 25, 2025 to Jul 15, 2025
- Custody of client assets · false to trueMar 25, 2025 to Jul 15, 2025
- Employees · 18 to 22Mar 25, 2025 to Jul 15, 2025
- Financial planning clients · 0 to 1-10Mar 25, 2025 to Jul 15, 2025
- State-registered IARs · 9 to 14Mar 25, 2025 to Jul 15, 2025
- Other offices · 0 to 1Mar 25, 2025 to Jul 15, 2025
- Discretionary RAUM · $2.1B to $2.4BMar 25, 2025 to Jul 15, 2025
- HNW RAUM · $1.6B to $1.9BMar 25, 2025 to Jul 15, 2025
- Individual RAUM · $41.8M to $51.8MMar 25, 2025 to Jul 15, 2025
- Non-discretionary RAUM · $22.1M to $179MMar 25, 2025 to Jul 15, 2025
- Pension RAUM · $210M to $214MMar 25, 2025 to Jul 15, 2025
- RAUM · $2.1B to $2.5BMar 25, 2025 to Jul 15, 2025
- Accounts · 1,494 to 1,502Mar 26, 2024 to Mar 25, 2025
- Charity clients · 20 to 22Mar 26, 2024 to Mar 25, 2025
- Corporate clients · 11 to 9Mar 26, 2024 to Mar 25, 2025
- HNW clients · 222 to 239Mar 26, 2024 to Mar 25, 2025
- Pension plan clients · 28 to 26Mar 26, 2024 to Mar 25, 2025
- State-registered IARs · 8 to 9Mar 26, 2024 to Mar 25, 2025
Signals
4 dated events
- Compass Capital Management Inc reported RAUM $1.5B, up 26% from $1.2B (2019-03-26 to 2020-03-26)Mar 26, 2020 · RAUM change · derived
- C Phillip Stern (Chief Operating Officer) appeared on Schedule A of Compass Capital Management IncMar 26, 2019 · Control person joined · fact
- Charles Christopher Kelley (Director) appeared on Schedule A of Compass Capital Management IncMar 26, 2019 · Control person joined · fact
- H Samuel Kelley (Director) appeared on Schedule A of Compass Capital Management IncMar 26, 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
- 612-338-4051reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 612-339-1304reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/COMPASS-CAPITAL-MANAGEMENT-INC.reportedpublic record, Form ADV, Sep 17, 2026
- Website
- COMPASSCAP.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 612-338-4051reportedpublic record, Form ADV, Mar 26, 2026
- Contact form
- compasscap.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- compasscap.com/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
- $183Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026