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.

Former SEC-registered adviser

Emerald Asset Advisors LLC

Former SEC-registered adviserWeston, FloridaCRD 107935SEC 801-56946IAPD
Latest filing May 24, 2019
First filing on the tape Mar 30, 2012 · 27 filings
RAUM
$225M
reported, Item 5.F
Discretionary
86%
of RAUM
Private clients
94%
$212M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
4 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$225M as of Mar 8, 2019
Mar 30, 2012$193M then
HNW client RAUM$179M as of Mar 8, 2019
Mar 26, 2018$237M then
State-registered IARs (5.B.3)5 as of Mar 8, 2019
Mar 26, 20134 then
Employees (5.A)8 as of Mar 8, 2019
Mar 26, 20138 then
Private funds: no history
RAUM -39% over the last fiscal year-6.8% a year over threeIARs 5 to 4
Practice profile
derived from the filing of May 24, 2019; every figure names its basis
RAUM per advisor
$56.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
48derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.1MderivedHNW RAUM over HNW clients
Average account
$410,937derivedRAUM over accounts (5.F.2.f)
Discretionary
86%derivedof RAUM
Institutional
0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
1.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
-39%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.5%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, selection of other advisersreportedItem 5.G
Custody
$225M, 184 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)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$179M80%
  • Individuals$33.3M15%
  • Corporations and businesses$9.5M4.3%
  • Pension and profit-sharing plans$1.3M0.6%
Individual clients
108reported
HNW clients
84reported
Pension plan clients
1reported
Charitable clients
n/areported
Accounts
547reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$225M for 184 clientsreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Michael Allan Budelman · Managing Partner, Managing Membercontrol
      since 12/2007 · owns less than 5%
    • Jo Melissa Budelman · Chief Compliance Officercontrol
      since 03/2016 · owns less than 5%
    • Laurence Scot Hunter · Ceo, Managing Membercontrol
      since 01/2008 · owns less than 5%
    • Michael Allan Budelman · Sole Shareholdercontrol
      since 07/2010 · owns 75% or more of Ddiawa Consulting, Inc
    • Jo Melissa Budelman · Sole Shareholdercontrol
      since 07/2016 · owns 75% or more of Cwrs, LLC
    Entity owners
    • Cwrs LLC · Member
      direct · owns 10% to 25%
    • Ddiawa Consulting, Inc · Member
      direct · owns 10% to 25%
    • Running Rebel Consulting, LLC · Member
      direct · owns 50% to 75%
    • Scot L. Hunter · Trustee
      indirect · owns 75% or more of Scot L. Hunter Revocable Trust
    • Scot L. Hunter Revocable Trust · Sole Shareholder
      indirect · owns 75% or more of Running Rebel Consulting, LLC
    Related persons
    Schedule D 7.A
    Advisers that list Emerald Asset Advisors LLC as a related person
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Advisory employees · 6 to 4
      Mar 8, 2019 to May 24, 2019
    • Advisory activities · 3 to 2
      Mar 8, 2019 to May 24, 2019
    • Employees · 8 to 7
      Mar 8, 2019 to May 24, 2019
    • Insurance-licensed employees · 1 to 0
      Mar 8, 2019 to May 24, 2019
    • State-registered IARs · 5 to 4
      Mar 8, 2019 to May 24, 2019
    • Accounts · 668 to 547
      Jun 4, 2018 to Mar 8, 2019
    • Advisory activities · 4 to 3
      Jun 4, 2018 to Mar 8, 2019
    • HNW clients · 95 to 84
      Jun 4, 2018 to Mar 8, 2019
    • Individual clients · 96 to 108
      Jun 4, 2018 to Mar 8, 2019
    • Pension plan clients · unset to 1.0
      Jun 4, 2018 to Mar 8, 2019
    • Assets in custody · $368M to $225M
      Jun 4, 2018 to Mar 8, 2019
    • Employees · 13 to 8
      Jun 4, 2018 to Mar 8, 2019
    • Discretionary RAUM · $335M to $193M
      Jun 4, 2018 to Mar 8, 2019
    • HNW RAUM · $237M to $179M
      Jun 4, 2018 to Mar 8, 2019
    • Individual RAUM · $36.6M to $33.3M
      Jun 4, 2018 to Mar 8, 2019
    • Non-discretionary RAUM · $33.2M to $32.3M
      Jun 4, 2018 to Mar 8, 2019
    • Pension RAUM · $540,622 to $1.3M
      Jun 4, 2018 to Mar 8, 2019
    • RAUM · $368M to $225M
      Jun 4, 2018 to Mar 8, 2019
    • Assets in custody · $368M to $368M
      Mar 26, 2018 to Jun 4, 2018
    • Accounts · 734 to 668
      Mar 28, 2017 to Mar 26, 2018
    • Advisory employees · 5 to 6
      Mar 28, 2017 to Mar 26, 2018
    • Corporate clients · unset to 15.0
      Mar 28, 2017 to Mar 26, 2018
    • HNW clients · unset to 95.0
      Mar 28, 2017 to Mar 26, 2018
    • Individual clients · unset to 96.0
      Mar 28, 2017 to Mar 26, 2018
    • Assets in custody · unset to 368287020.0
      Mar 28, 2017 to Mar 26, 2018
    • Custody of client assets · false to true
      Mar 28, 2017 to Mar 26, 2018
    • Employees · 12 to 13
      Mar 28, 2017 to Mar 26, 2018
    • Other offices · unset to 2.0
      Mar 28, 2017 to Mar 26, 2018
    • Discretionary RAUM · $311M to $335M
      Mar 28, 2017 to Mar 26, 2018
    • HNW RAUM · unset to 236723095.0
      Mar 28, 2017 to Mar 26, 2018
    • Individual RAUM · unset to 36559075.0
      Mar 28, 2017 to Mar 26, 2018
    • Non-discretionary RAUM · $27.7M to $33.2M
      Mar 28, 2017 to Mar 26, 2018
    • Pension RAUM · unset to 540622.0
      Mar 28, 2017 to Mar 26, 2018
    • RAUM · $338M to $368M
      Mar 28, 2017 to Mar 26, 2018
    • Accounts · 622 to 734
      Jul 27, 2016 to Mar 28, 2017
    • Employees · 10 to 12
      Jul 27, 2016 to Mar 28, 2017
    • Financial planning clients · 0 to 1-10
      Jul 27, 2016 to Mar 28, 2017
    • Discretionary RAUM · $277M to $311M
      Jul 27, 2016 to Mar 28, 2017
    • Non-discretionary RAUM · $1.1M to $27.7M
      Jul 27, 2016 to Mar 28, 2017
    • RAUM · $278M to $338M
      Jul 27, 2016 to Mar 28, 2017
    Signals
    1 dated events
    • Emerald Asset Advisors Llc reported RAUM $224.8M, down 39% from $368.3M (2018-06-04 to 2019-03-08)
      Mar 8, 2019 · 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026