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

Lombard Advisers Incorporated

Independent wealth managerBaltimore, MarylandCRD 108231SEC 801-114981websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Mar 11, 2019 · 19 filings
SEC status approved since Apr 12, 2019
RAUM
$670M
reported, Item 5.F
Discretionary
37%
of RAUM
Private clients
76%
$511M individuals and HNW
Advisors
32
registered through the firm on IAPD
RAUM per advisor
$20.9M
derived; firm RAUM over IAPD count
Employees
41
30 advisory (5.B.1)
Offices
23
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$670M as of Mar 27, 2026
Mar 26, 2019$113M then
HNW client RAUM$155M as of Mar 27, 2026
Mar 26, 2019$28.9M then
State-registered IARs (5.B.3)30 as of Mar 27, 2026
Mar 26, 201929 then
Employees (5.A)41 as of Mar 27, 2026
Mar 26, 201938 then
Private funds: no history
RAUM +18% over the last fiscal year+37% a year over threeIARs 31 to 30offices 25 to 23
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$20.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
29derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.1MderivedHNW RAUM over HNW clients
Average account
$460,049derivedRAUM over accounts (5.F.2.f)
Discretionary
37%derivedof RAUM
Institutional
24%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
1.3derived24 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
-3.2%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.9%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
Wrap fee program
$545MreportedItem 5.I
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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$357M53%
  • High-net-worth individuals$155M23%
  • Pension and profit-sharing plans$95.4M14%
  • Charitable organizations$62.7M9.4%
  • Corporations and businesses$256,3100.0%
Individual clients
867reported
HNW clients
74reported
Pension plan clients
27reported
Charitable clients
15reported
Accounts
1,456reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $33.7M managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.76 fund_share=0.0 institutional_share=0.24 related_bd=true related_bank=false bd_reps=32.0derived
Advisors registered through the firm
32 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Edwin Major ReynoldsBaltimore, MdApr 24, 200045 y0
Gary Allen KingPoinciana, Fl Apr 20, 200144 y0
Raymond Ballard HarrisonBaltimore, Md May 27, 200438 y1
Thomas Stephen WallsBaltimore, Md Apr 8, 200545 y0
Gary Cleveland CollierBaltimore, Md Sep 24, 200746 y1
Edward David SonnierJennings, LaMay 5, 200930 y0
Don Andrew PriceRadford, Va Jun 1, 200927 y2
Donald Eugene OatesChartered Financial ConsultantHampstead, MdMar 27, 201339 y0
Percy Lemar HundleyNewport News, VaNov 10, 201445 y2
Charles M JenkinsPittsburgh, Pa Feb 8, 201627 y2
David Frederick GuenschAllentown, Pa Jul 20, 201630 y3
Stephen Harlowe PrindleYork, Pa Apr 21, 201711 y2
Frank Dominic CortoBaltimore, Md Apr 25, 201731 y3
Harvey Clifford ByrdBaltimore, Md Jun 21, 201820 y2
Jon Mark DabareinerChartered Financial ConsultantBaltimore, Md Sep 18, 201837 y2
Brent Alan KochelAnna, IlApr 12, 201914 y0
Arthur Graig GalloCertified Financial PlannerBaltimore, Md Jun 11, 201912 y0
Kenneth Raymond KirkebyBaltimore, Md Sep 16, 202042 y7
Marilyn Lejeune WatkinsBaltimore, Md Jan 7, 202122 y1
Carrie Lynn BusseChillicothe, Mo Nov 8, 202125 y3
James L JohnsonBaltimore, Md Apr 21, 202232 y1
Michael Preston CoxMatthews, Nc Apr 21, 202242 y1
Joseph Matthew SutphinRadford, Va Jul 14, 202213 y0
Peter Graham WilkinsonYork, Pa Feb 28, 202327 y1
Richard Alan FogalAllentown, Pa Apr 5, 202315 y1
Leslie Marvin BoyceBridgeport, Wv Dec 4, 202428 y8
Johnny G BrownPasedena, MdJan 1, 202518 y1
Steven Robert SwitlickJefferson, MdJan 1, 202540 y0
Brian Lee SlagleAnnapolis, Md Jan 3, 202510 y0
Joseph Carl SonnierChartered Financial AnalystJennings, La May 20, 202511 y0
Lawrence Ira ReitarsBaltimore, Md Jan 27, 202627 y3
Lyndsey Marie MichelsenBaltimore, Md Jun 30, 202613 y0
Advisor movement
1 left, 2 joined in 12 months
net +1 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 3.1% of current headcount6 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Lynn Terry Donlan Welker · Chief Compliance Officercontrol
      since 04/2024 · owns less than 5%
    • Curtis Charles Fox · Chief Executive Officercontrol
      since 01/2007 · owns less than 5%
    • Stephen William Socha · Chief Financial Officercontrol
      since 11/2000 · owns less than 5%
    Entity owners
    • Lombard Securities Incorporated · 100% Owner Of Lombard Advisers Incorporated
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Baltimore, Md · principal2521
    York, Pa510
    Jennings, La300
    Radford, Va300
    Allentown, Pa200
    Annapolis, Md200
    Owings Mills, Md000
    Tazewell, Va000
    Bethesda, Md000
    Offices
    Schedule D 1.F, the 25 largest
    • York, PA4 employees
    • Radford, VA3 employees
    • Jennings, LA3 employees
    • Mathews, NC2 employees
    • Chillicothe, MO1 employees
    • Hardy, VA1 employees
    • Jefferson, MD1 employees
    • Newport News, VA1 employees
    • Plymouth Meeting, PA1 employees
    • Poinciana, FL1 employees
    • Tazewell, VA1 employees
    • Allentown, PA1 employees
    • , 1 employees
    • Anna, IL1 employees
    • Bridgeport, TX1 employees
    • Charlotte, NC1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 1,377 to 1,456
      Mar 27, 2025 to Mar 27, 2026
    • Advisory employees · 31 to 30
      Mar 27, 2025 to Mar 27, 2026
    • BD registered reps · 34 to 32
      Mar 27, 2025 to Mar 27, 2026
    • HNW clients · 65 to 74
      Mar 27, 2025 to Mar 27, 2026
    • Individual clients · 841 to 867
      Mar 27, 2025 to Mar 27, 2026
    • Pension plan clients · 32 to 27
      Mar 27, 2025 to Mar 27, 2026
    • Employees · 42 to 41
      Mar 27, 2025 to Mar 27, 2026
    • State-registered IARs · 31 to 30
      Mar 27, 2025 to Mar 27, 2026
    • Other offices · 25 to 23
      Mar 27, 2025 to Mar 27, 2026
    • Discretionary RAUM · $199M to $245M
      Mar 27, 2025 to Mar 27, 2026
    • HNW RAUM · $191M to $155M
      Mar 27, 2025 to Mar 27, 2026
    • Individual RAUM · $227M to $357M
      Mar 27, 2025 to Mar 27, 2026
    • Non-discretionary RAUM · $368M to $425M
      Mar 27, 2025 to Mar 27, 2026
    • Pension RAUM · $93.0M to $95.4M
      Mar 27, 2025 to Mar 27, 2026
    • RAUM · $567M to $670M
      Mar 27, 2025 to Mar 27, 2026
    • Wrap assets (manager) · $30.1M to $33.7M
      Mar 27, 2025 to Mar 27, 2026
    • Accounts · 1,170 to 1,377
      Nov 20, 2024 to Mar 27, 2025
    • Advisory employees · 33 to 31
      Nov 20, 2024 to Mar 27, 2025
    • Advisory activities · 3 to 4
      Nov 20, 2024 to Mar 27, 2025
    • BD registered reps · 36 to 34
      Nov 20, 2024 to Mar 27, 2025
    • Charity clients · 9 to 15
      Nov 20, 2024 to Mar 27, 2025
    • HNW clients · 45 to 65
      Nov 20, 2024 to Mar 27, 2025
    • Individual clients · 795 to 841
      Nov 20, 2024 to Mar 27, 2025
    • Pension plan clients · 4 to 32
      Nov 20, 2024 to Mar 27, 2025
    • Employees · 44 to 42
      Nov 20, 2024 to Mar 27, 2025
    • Financial planning clients · unset to
      Nov 20, 2024 to Mar 27, 2025
    • State-registered IARs · 33 to 31
      Nov 20, 2024 to Mar 27, 2025
    • Other offices · 21 to 25
      Nov 20, 2024 to Mar 27, 2025
    • Discretionary RAUM · $168M to $199M
      Nov 20, 2024 to Mar 27, 2025
    • HNW RAUM · $131M to $191M
      Nov 20, 2024 to Mar 27, 2025
    • Individual RAUM · $187M to $227M
      Nov 20, 2024 to Mar 27, 2025
    • Non-discretionary RAUM · $199M to $368M
      Nov 20, 2024 to Mar 27, 2025
    • Pension RAUM · $2.2M to $93.0M
      Nov 20, 2024 to Mar 27, 2025
    • RAUM · $366M to $567M
      Nov 20, 2024 to Mar 27, 2025
    • Wrap assets (manager) · $28.1M to $30.1M
      Nov 20, 2024 to Mar 27, 2025
    • Accounts · 1,067 to 1,170
      Nov 9, 2023 to Mar 27, 2024
    • Advisory employees · 32 to 33
      Nov 9, 2023 to Mar 27, 2024
    • BD registered reps · 35 to 36
      Nov 9, 2023 to Mar 27, 2024
    • Corporate clients · 3 to 2
      Nov 9, 2023 to Mar 27, 2024
    • HNW clients · 18 to 45
      Nov 9, 2023 to Mar 27, 2024
    Signals
    10 dated events
    • William Charles Fox left Lombard Advisers Incorporated for Lpl Financial Llc (registered 2026-09-02)
      Aug 31, 2026 · Advisor changed firm · fact
    • Brandon Reed Croxton left Lombard Advisers Incorporated for Brc Financial Planning (registered 2025-07-29)
      Jul 28, 2025 · Advisor changed firm · fact
    • Jack A. Heil left Lombard Advisers Incorporated for Planmember Securities Corporation (registered 2025-05-28)
      May 29, 2025 · Advisor changed firm · fact
    • Lombard Advisers Incorporated reported RAUM $567.4M, up 55% from $366.4M (2024-11-20 to 2025-03-27)
      Mar 27, 2025 · RAUM change · derived
    • Kamran Richard left Lombard Advisers Incorporated for J.P. Morgan Securities Llc (registered 2025-01-08)
      Dec 31, 2024 · Advisor changed firm · fact
    • Lynn Terry Donlan Welker (Chief Compliance Officer) appeared on Schedule A of Lombard Advisers Incorporated
      Nov 20, 2024 · Control person joined · fact
    • Jeffrey Darrin Murray left Lombard Advisers Incorporated for Lpl Financial Llc (registered 2024-06-21)
      Jun 24, 2024 · Advisor changed firm · fact
    • Lombard Advisers Incorporated reported RAUM $366.4M, up 42% from $257.7M (2023-11-09 to 2024-03-27)
      Mar 27, 2024 · RAUM change · derived
    • Syed Abdul Rumin left Lombard Advisers Incorporated for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2023-10-30)
      Oct 4, 2023 · Advisor changed firm · fact
    • Lombard Advisers Incorporated filed its initial SEC registration (Form ADV)
      Mar 11, 2019 · First SEC registration · 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 email
    bhall@golombard.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business email
    cfox@golombard.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business email
    deyler@golombard.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business email
    epreviti@golombard.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business email
    hburch@golombard.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business email
    lbain@golombard.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business email
    twelker@golombard.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business email
    twolf@golombard.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business email
    wsocha@golombard.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    410-342-1300reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    410-732-0303reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    800-755-2144reportedpublished by the firm, firm site, Sep 16, 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
    $20.9Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026