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.

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SEC-registered adviser

D•••• S••••••• A••••••• L•

Asset manager (funds and pooled vehicles)Tucson, ArizonaCRD 108674SEC 801-31648websiteIAPD
Latest filing Mar 19, 2026
First filing on the tape Mar 16, 2012 · 23 filings
SEC status approved since Jan 1, 1988
RAUM
$30B
reported, Item 5.F
Discretionary
85%
of RAUM
Private clients
0.5%
$159M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
121
10 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$30B as of Mar 19, 2026
Mar 16, 2012$55B then
HNW client RAUM$150M as of Mar 19, 2026
Mar 29, 2018$52.4M then
State-registered IARs (5.B.3)0 as of Mar 19, 2026
Mar 15, 20130 then
Employees (5.A)121 as of Mar 19, 2026
Mar 15, 2013217 then
Private funds: no history
RAUM +19% over the last fiscal year+15% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 19, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.4MderivedHNW RAUM over HNW clients
Average account
$276MderivedRAUM over accounts (5.F.2.f)
Discretionary
85%derivedof RAUM
Institutional
17%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+19%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
-21%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Wrap fee program
participatesreportedItem 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$16B54%
  • Other investment advisers$7.1B23%
  • Charitable organizations$5.0B17%
  • Pooled investment vehicles$975M3.2%
  • Corporations and businesses$497M1.7%
  • High-net-worth individuals$150M0.5%
  • Pension and profit-sharing plans$38.7M0.1%
  • Individuals$8.9M0.0%
Individual clients
21reported
HNW clients
28reported
Pension plan clients
3reported
Charitable clients
9reported
Accounts
109reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $7.2B managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.01 fund_share=0.81 institutional_share=0.17 related_bd=true related_bank=false bd_reps=42.0derived
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • D••••• C••••••••• C••••• · Sole Membercontrol
        since 12/2000 · owns 75% or more of D•••• I••••••••• L••
      • D••••• S•••••• M•••• C••••• · Shareholdercontrol
        since 12/1968 · owns 75% or more of V•••••• A•••••••• I•••
      • C••••• L•••• J• · Vice President, Chief Legal Officer
        since 06/2021 · owns less than 5%
      • D••••• A•••••• A•••• · Limited Partner
        since 02/1993 · owns 25% to 50%
      • D••••• C••••••••• C••••• · Chairman, Chief Executive Officer
        since 12/2000 · owns less than 5%
      • E•••• K••••••• C•••••• · Chief Operating Officer
        since 03/1997 · owns less than 5%
      • M••••••••• M••••••• · Chief Compliance Officer
        since 02/2023 · owns less than 5%
      • T••• G•••• P••• · Vice President, Chief Financial Officer
        since 05/1998 · owns less than 5%
      • W••••• R••••••• O••• · Chief Marketing Officer
        since 09/1994 · owns 10% to 25%
      Entity owners
      • D•••• I••••••••• L•• · General Partner
        direct · owns less than 5%
      • V•••••• A•••••••• I••• · Limited Partner
        direct · owns 10% to 25%
      Related persons
      Schedule D 7.A
      Advisers that list D•••• S••••••• A••••••• L• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY10 employees
      What changed
      consecutive filings, newest first
      • Accounts · 123 to 109
        Jun 27, 2025 to Mar 19, 2026
      • Advisory employees · 12 to 10
        Jun 27, 2025 to Mar 19, 2026
      • BD registered reps · 45 to 42
        Jun 27, 2025 to Mar 19, 2026
      • Charity clients · 10 to 9
        Jun 27, 2025 to Mar 19, 2026
      • HNW clients · 39 to 28
        Jun 27, 2025 to Mar 19, 2026
      • Individual clients · 23 to 21
        Jun 27, 2025 to Mar 19, 2026
      • Employees · 124 to 121
        Jun 27, 2025 to Mar 19, 2026
      • Discretionary RAUM · $22B to $26B
        Jun 27, 2025 to Mar 19, 2026
      • HNW RAUM · $141M to $150M
        Jun 27, 2025 to Mar 19, 2026
      • Individual RAUM · $7.6M to $8.9M
        Jun 27, 2025 to Mar 19, 2026
      • Non-discretionary RAUM · $3.8B to $4.5B
        Jun 27, 2025 to Mar 19, 2026
      • Pension RAUM · $32.2M to $38.7M
        Jun 27, 2025 to Mar 19, 2026
      • Pooled vehicle RAUM · $812M to $975M
        Jun 27, 2025 to Mar 19, 2026
      • RAUM · $25B to $30B
        Jun 27, 2025 to Mar 19, 2026
      • Wrap assets (manager) · $6.0B to $7.2B
        Jun 27, 2025 to Mar 19, 2026
      • Financial planning clients · 0 to 0
        Mar 20, 2025 to Jun 27, 2025
      • Accounts · 142 to 123
        Mar 20, 2024 to Mar 20, 2025
      • Advisory employees · 11 to 12
        Mar 20, 2024 to Mar 20, 2025
      • BD registered reps · 46 to 45
        Mar 20, 2024 to Mar 20, 2025
      • HNW clients · 59 to 39
        Mar 20, 2024 to Mar 20, 2025
      • Individual clients · 21 to 23
        Mar 20, 2024 to Mar 20, 2025
      • Employees · 123 to 124
        Mar 20, 2024 to Mar 20, 2025
      • Discretionary RAUM · $20B to $22B
        Mar 20, 2024 to Mar 20, 2025
      • HNW RAUM · $129M to $141M
        Mar 20, 2024 to Mar 20, 2025
      • Individual RAUM · $5.7M to $7.6M
        Mar 20, 2024 to Mar 20, 2025
      • Non-discretionary RAUM · $3.3B to $3.8B
        Mar 20, 2024 to Mar 20, 2025
      • Pension RAUM · $29.1M to $32.2M
        Mar 20, 2024 to Mar 20, 2025
      • Pooled vehicle RAUM · $799M to $812M
        Mar 20, 2024 to Mar 20, 2025
      • RAUM · $23B to $25B
        Mar 20, 2024 to Mar 20, 2025
      • Wrap assets (manager) · $5.3B to $6.0B
        Mar 20, 2024 to Mar 20, 2025
      • Accounts · 148 to 142
        Mar 23, 2023 to Mar 20, 2024
      • BD registered reps · 44 to 46
        Mar 23, 2023 to Mar 20, 2024
      • Charity clients · 9 to 10
        Mar 23, 2023 to Mar 20, 2024
      • HNW clients · 61 to 59
        Mar 23, 2023 to Mar 20, 2024
      • Individual clients · 22 to 21
        Mar 23, 2023 to Mar 20, 2024
      • Other offices · 0 to 1
        Mar 23, 2023 to Mar 20, 2024
      • Discretionary RAUM · $17B to $20B
        Mar 23, 2023 to Mar 20, 2024
      • HNW RAUM · $117M to $129M
        Mar 23, 2023 to Mar 20, 2024
      • Individual RAUM · $4.4M to $5.7M
        Mar 23, 2023 to Mar 20, 2024
      • Non-discretionary RAUM · $2.7B to $3.3B
        Mar 23, 2023 to Mar 20, 2024
      Signals
      1 dated events
      • D•••• S••••••• A••••••• L• reported RAUM $19.9B, down 27% from $27.4B (2022-03-28 to 2023-03-23)
        Mar 23, 2023 · 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.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/davis-advisorsreportedpublic record, Form ADV, Sep 18, 2026
      Website
      davisadvisors.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      (800) 279-2279reportedpublic record, Form ADV, Mar 19, 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
      Asset manager (funds and pooled vehicles)deriveda 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