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
Cherry Bekaert Wealth Management LLC
Latest filing Jul 26, 2022
First filing on the tape Mar 29, 2012 · 36 filings
RAUM
$569M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
95%
$540M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
16
9 advisory (5.B.1)
Offices
10
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$569M as of Jul 26, 2022
Jul 30, 2012$225M then
HNW client RAUM$454M as of Jul 26, 2022
Jul 27, 2018$318M then
State-registered IARs (5.B.3)9 as of Jul 26, 2022
Jul 25, 20130 then
Employees (5.A)16 as of Jul 26, 2022
Jul 25, 201314 then
Private funds: no history
RAUM -7.6% over the last fiscal year+3.3% a year over threeIARs 11 to 9
Practice profile
derived from the filing of Jul 26, 2022; every figure names its basis
- RAUM per advisor
- $63.2MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 69derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.4MderivedHNW RAUM over HNW clients
- Average account
- $399,835derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 3.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.8derivedItem 5.A over advisors
- Advisors per office
- 0.8derived11 offices incl. principal (1.F.5)
- RAUM growth, one year
- -7.6%derivedbetween the last two annual amendments
- Advisor growth, one year
- -18%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +2.3%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
- Financial planning clients
- 600reportedItem 5.H
- Custody
- $180M, 246 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
- is an insurance broker or agent (6.A.6)
- 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$454M80%
- Individuals$86.3M15%
- Pension and profit-sharing plans$15.7M2.8%
- Corporations and businesses$11.2M2.0%
- Charitable organizations$1.2M0.2%
- Individual clients
- 427reported
- HNW clients
- 192reported
- Pension plan clients
- 18reported
- Charitable clients
- 3reported
- Accounts
- 1,422reported
- Financial planning clients
- 600reported
- Wrap fee programs
- noreported
- Custody of client assets
- $180M for 246 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- 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
- William Carlton Shepherd to Choreo, LLCJan 25, 2023 · RIA to RIA
- Kevin Michael Shea to Choreo, LLCJan 25, 2023 · RIA to RIA
- Nicholas Roger Bertozzi to Choreo, LLCJan 25, 2023 · RIA to RIA
- Richard David Cundey to Choreo, LLCJan 25, 2023 · RIA to RIA
- Jeffrey Allen Gump to Choreo, LLCJan 25, 2023 · RIA to RIA
- Peter William Tomasch to Choreo, LLCJan 25, 2023 · RIA to RIA
- Wesley Howell Watkins to Choreo, LLCJan 25, 2023 · RIA to RIA
- Mark Timothy Maund to Choreo, LLCJan 25, 2023 · RIA to RIA
- Jeffrey Scott Peller to SavvyAug 1, 2022 · RIA to RIA
- Christopher Geddy Hill to Heritage Investors Management CorpMar 23, 2022 · RIA to RIA
- Steven Andrew Cooper to Millennium Advisory Services, Inc.Oct 18, 2018 · RIA to RIA
- Nicholas Roger Bertozzi to WealthcrossingSep 7, 2018 · RIA to RIA
- Patrick James Rice to LPL Financial LLCOct 15, 2010 · Other
- Marc Anthony Verdi to Morgan StanleySep 28, 2009 · Other
- David Bruce Richards to Cambridge Investment Research Advisors, Inc.Dec 10, 2008 · Other
Joined, latest
- Jeffrey Scott Peller from Signaturefd, LLCJan 4, 2022 · RIA to RIA
- Nicholas Roger Bertozzi from WealthcrossingOct 24, 2018 · RIA to RIA
- Steven Andrew Cooper from Wealthcare Capital Management LLCSep 11, 2018 · RIA to RIA
- Christopher Geddy Hill from Capital One Advisors, LLCMar 12, 2018 · Other
- Peter William Tomasch from Focus Partners Wealth, LLCSep 1, 2015 · Other
- Nicholas Roger Bertozzi from Roseline Capitol Advisors, LLCFeb 4, 2013 · Other
- Jeffrey Allen Gump from Level Four Advisory ServicesSep 23, 2010 · Other
- Wesley Howell Watkins from Choreo, LLCJan 16, 2008 · Other
- Patrick James Rice from Synovus Securities, Inc.Jun 8, 2007 · Other
- John Allen Cindia from Valmark Advisers, Inc.Aug 4, 2004 · Other
- Richard David Cundey from Citigroup Global Markets Inc.May 26, 2004 · Other
- David Bruce Richards from Ernst & Young Investment Advisers LlpMar 3, 2004 · Other
- David Worth Winslow from Merrill Lynch, Pierce, Fenner & Smith IncorporatedSep 24, 2002 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Choreo, LLCJan 25, 2023 · Augusta, Ga
- 6 left for Choreo, LLCJan 25, 2023 · Richmond, Va · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Scott Jeffrey Peller · Ceo/Presidentcontrolsince 11/2021 · owns less than 5%
- Roger Nicholas Bertozzi · Chief Operating Officer & Chief Compliance Officersince 10/2018 · owns less than 5%
- Howell Wesley Watkins · Managing Directorsince 12/2008 · owns less than 5%
Entity owners
- Cherry Bekaert Llp · Ultimate Parent Company/Sole Memberdirect · owns 75% or more
Related persons
Schedule D 7.A
- Cherry Bekaert Llpinsurancey
Offices
Schedule D 1.F, the 25 largest
- Bethesda, MD2 employees
- Augusta, GA2 employees
- Virginia Beach, VA2 employees
- Atlanta, GA1 employees
- Fort Lauderdale, FL1 employees
- Greenville, SC1 employees
- Tysons Corner, VA1 employees
- Coral Gables, FL1 employees
- Austin, TX1 employees
- Charlotte, NC1 employees
What changed
consecutive filings, newest first
- Accounts · 1,319 to 1,422Mar 23, 2022 to Jul 26, 2022
- Charity clients · 2 to 3Mar 23, 2022 to Jul 26, 2022
- Corporate clients · 11 to 9Mar 23, 2022 to Jul 26, 2022
- HNW clients · 178 to 192Mar 23, 2022 to Jul 26, 2022
- Pension plan clients · 20 to 18Mar 23, 2022 to Jul 26, 2022
- Assets in custody · $186M to $180MMar 23, 2022 to Jul 26, 2022
- Discretionary RAUM · $604M to $558MMar 23, 2022 to Jul 26, 2022
- HNW RAUM · $477M to $454MMar 23, 2022 to Jul 26, 2022
- Individual RAUM · $101M to $86.3MMar 23, 2022 to Jul 26, 2022
- Non-discretionary RAUM · $11.2M to $10.8MMar 23, 2022 to Jul 26, 2022
- Pension RAUM · $23.3M to $15.7MMar 23, 2022 to Jul 26, 2022
- RAUM · $615M to $569MMar 23, 2022 to Jul 26, 2022
- Employees · 17 to 16Nov 23, 2021 to Mar 23, 2022
- State-registered IARs · 10 to 9Nov 23, 2021 to Mar 23, 2022
- Advisory employees · 8 to 9Aug 11, 2021 to Nov 23, 2021
- Employees · 16 to 17Aug 11, 2021 to Nov 23, 2021
- State-registered IARs · 9 to 10Aug 11, 2021 to Nov 23, 2021
- Advisory employees · 10 to 8Jul 29, 2021 to Aug 11, 2021
- Employees · 17 to 16Jul 29, 2021 to Aug 11, 2021
- State-registered IARs · 11 to 9Jul 29, 2021 to Aug 11, 2021
- Accounts · 1,381 to 1,319Mar 12, 2021 to Jul 27, 2021
- Charity clients · 1 to 2Mar 12, 2021 to Jul 27, 2021
- Corporate clients · 12 to 11Mar 12, 2021 to Jul 27, 2021
- HNW clients · 175 to 178Mar 12, 2021 to Jul 27, 2021
- Individual clients · 403 to 427Mar 12, 2021 to Jul 27, 2021
- Pension plan clients · 25 to 20Mar 12, 2021 to Jul 27, 2021
- Assets in custody · $140M to $186MMar 12, 2021 to Jul 27, 2021
- State-registered IARs · 3 to 11Mar 12, 2021 to Jul 27, 2021
- Discretionary RAUM · $493M to $604MMar 12, 2021 to Jul 27, 2021
- HNW RAUM · $415M to $477MMar 12, 2021 to Jul 27, 2021
- Individual RAUM · $55.8M to $101MMar 12, 2021 to Jul 27, 2021
- Non-discretionary RAUM · $8.7M to $11.2MMar 12, 2021 to Jul 27, 2021
- Pension RAUM · $17.9M to $23.3MMar 12, 2021 to Jul 27, 2021
- RAUM · $502M to $615MMar 12, 2021 to Jul 27, 2021
- BD registered reps · 4 to 3Oct 28, 2020 to Mar 12, 2021
- Advisory employees · 9 to 10Jul 31, 2020 to Sep 22, 2020
- Employees · 16 to 17Jul 31, 2020 to Sep 22, 2020
- Other offices · 9 to 10Jul 31, 2020 to Sep 22, 2020
- Accounts · 1,318 to 1,381Jun 30, 2020 to Jul 29, 2020
- Advisory employees · 8 to 9Jun 30, 2020 to Jul 29, 2020
Signals
13 dated events
- 2 advisors left Cherry Bekaert Wealth Management LLC (Augusta, GA) for Choreo, LLC on the same dayJan 25, 2023 · Team lift-out · derived
- Mark Timothy Maund left Cherry Bekaert Wealth Management Llc for Choreo, Llc (registered 2023-04-06)Jan 25, 2023 · Advisor changed firm · fact
- Nicholas Roger Bertozzi left Cherry Bekaert Wealth Management Llc for Choreo, Llc (registered 2023-01-27)Jan 25, 2023 · Advisor changed firm · fact
- Cherry Bekaert Wealth Management LLC's advisors moved to Choreo, LLC (Richmond, VA): 6 of 8 registered, on the same dayJan 25, 2023 · Firm absorbed (people side) · derived
- Wesley Howell Watkins left Cherry Bekaert Wealth Management Llc for Choreo, Llc (registered 2023-01-30)Jan 25, 2023 · Advisor changed firm · fact
- Kevin Michael Shea left Cherry Bekaert Wealth Management Llc for Choreo, Llc (registered 2023-01-30)Jan 25, 2023 · Advisor changed firm · fact
- William Carlton Shepherd left Cherry Bekaert Wealth Management Llc for Choreo, Llc (registered 2023-01-26)Jan 25, 2023 · Advisor changed firm · fact
- Jeffrey Allen Gump left Cherry Bekaert Wealth Management Llc for Choreo, Llc (registered 2023-01-27)Jan 25, 2023 · Advisor changed firm · fact
- Richard David Cundey left Cherry Bekaert Wealth Management Llc for Choreo, Llc (registered 2023-02-14)Jan 25, 2023 · Advisor changed firm · fact
- Peter William Tomasch left Cherry Bekaert Wealth Management Llc for Choreo, Llc (registered 2023-01-26)Jan 25, 2023 · Advisor changed firm · fact
- Jeffrey Scott Peller left Cherry Bekaert Wealth Management Llc for Savvy (registered 2025-01-22)Aug 1, 2022 · Advisor changed firm · fact
- Christopher Geddy Hill left Cherry Bekaert Wealth Management Llc for Heritage Investors Management Corp (registered 2022-03-24)Mar 23, 2022 · Advisor changed firm · fact
- Scott Jeffrey Peller (Ceo/President) appeared on Schedule A of Cherry Bekaert Wealth Management LlcNov 23, 2021 · 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.
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