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

Bryspen, Incorporated

Independent wealth managerWashington, District of ColumbiaCRD 109004SEC 801-57755websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 29, 2012 · 22 filings
SEC status approved since Aug 3, 2000
RAUM
$329M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
94%
$308M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$329M
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$329M as of Mar 31, 2026
Mar 29, 2012$94.1M then
HNW client RAUM$307M as of Mar 31, 2026
Mar 30, 2018$135M then
State-registered IARs (5.B.3)1 as of Mar 31, 2026
Mar 29, 20120 then
Employees (5.A)2 as of Mar 31, 2026
Mar 27, 20132 then
Private funds: no history
RAUM +12% over the last fiscal year+14% a year over threeIARs 1 to 1offices 1 to 0
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$329MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
58derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.7MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
6.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-25%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$307M93%
  • Pension and profit-sharing plans$21.4M6.5%
  • Individuals$1.1M0.3%
Individual clients
4reported
HNW clients
54reported
Pension plan clients
14reported
Charitable clients
n/areported
Accounts
277reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.94 fund_share=0.0 institutional_share=0.06 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Leah Sawyer BryanWashington, DcApr 29, 200333 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 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
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Spencer John Bryan · President/Principal/Chief Compliance Officercontrol
        since 07/1991 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      • Washington, DC2 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • low discretionary shareStatic outlier · filing Mar 31, 2026
        discretionary share of RAUM of 0% against a peer median of 100% (5676 comparable advisers, 0.0th percentile, 33.7 robust deviations)
        peers: independent wealth managers, $100M to $500M (5,676) · 0.0% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 279 to 277
        Jul 10, 2025 to Mar 31, 2026
      • HNW clients · 73 to 54
        Jul 10, 2025 to Mar 31, 2026
      • Pension plan clients · 7 to 14
        Jul 10, 2025 to Mar 31, 2026
      • HNW RAUM · $277M to $307M
        Jul 10, 2025 to Mar 31, 2026
      • Individual RAUM · $903,873 to $1.1M
        Jul 10, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $294M to $329M
        Jul 10, 2025 to Mar 31, 2026
      • Pension RAUM · $16.2M to $21.4M
        Jul 10, 2025 to Mar 31, 2026
      • RAUM · $294M to $329M
        Jul 10, 2025 to Mar 31, 2026
      • Financial planning clients · 26-50 to 26-50
        Mar 26, 2025 to Jul 10, 2025
      • Other offices · 1 to 0
        Mar 26, 2025 to Jul 10, 2025
      • Accounts · 258 to 279
        Mar 28, 2024 to Mar 26, 2025
      • HNW clients · 61 to 73
        Mar 28, 2024 to Mar 26, 2025
      • Pension plan clients · 8 to 7
        Mar 28, 2024 to Mar 26, 2025
      • HNW RAUM · $251M to $277M
        Mar 28, 2024 to Mar 26, 2025
      • Non-discretionary RAUM · $262M to $294M
        Mar 28, 2024 to Mar 26, 2025
      • Pension RAUM · $10.8M to $16.2M
        Mar 28, 2024 to Mar 26, 2025
      • RAUM · $262M to $294M
        Mar 28, 2024 to Mar 26, 2025
      • Accounts · 281 to 258
        Mar 31, 2023 to Mar 28, 2024
      • HNW clients · 56 to 61
        Mar 31, 2023 to Mar 28, 2024
      • Pension plan clients · 7 to 8
        Mar 31, 2023 to Mar 28, 2024
      • HNW RAUM · $206M to $251M
        Mar 31, 2023 to Mar 28, 2024
      • Individual RAUM · $916,053 to $903,873
        Mar 31, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $220M to $262M
        Mar 31, 2023 to Mar 28, 2024
      • Pension RAUM · $13.2M to $10.8M
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $220M to $262M
        Mar 31, 2023 to Mar 28, 2024
      • Accounts · 64 to 281
        Mar 30, 2022 to Mar 31, 2023
      • HNW clients · 53 to 56
        Mar 30, 2022 to Mar 31, 2023
      • Individual clients · 3 to 4
        Mar 30, 2022 to Mar 31, 2023
      • Pension plan clients · 8 to 7
        Mar 30, 2022 to Mar 31, 2023
      • HNW RAUM · $220M to $206M
        Mar 30, 2022 to Mar 31, 2023
      • Individual RAUM · $856,670 to $916,053
        Mar 30, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $242M to $220M
        Mar 30, 2022 to Mar 31, 2023
      • Pension RAUM · $21.6M to $13.2M
        Mar 30, 2022 to Mar 31, 2023
      • RAUM · $242M to $220M
        Mar 30, 2022 to Mar 31, 2023
      • Accounts · 73 to 64
        Mar 30, 2021 to Mar 30, 2022
      • HNW clients · 59 to 53
        Mar 30, 2021 to Mar 30, 2022
      • Individual clients · 4 to 3
        Mar 30, 2021 to Mar 30, 2022
      • Pension plan clients · 10 to 8
        Mar 30, 2021 to Mar 30, 2022
      • HNW RAUM · $189M to $220M
        Mar 30, 2021 to Mar 30, 2022
      • Individual RAUM · $600,972 to $856,670
        Mar 30, 2021 to Mar 30, 2022
      Signals
      No event on the tape.
      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
      Website
      BRYSPEN.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      4045458000reportedpublic record, Form ADV, Mar 31, 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
      $329Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026