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

Highmark Capital Management, Inc.

Former SEC-registered adviserSan Francisco, CaliforniaCRD 109550SEC 801-55718IAPD
Latest filing Jan 11, 2024
First filing on the tape Jan 11, 2012 · 61 filings
RAUM
$8.7B
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
68
30 advisory (5.B.1)
Offices
11
beyond the principal office
Private funds
0
reported on Schedule D
History
61 filings and snapshots on the tape
RAUM$8.7B as of Mar 27, 2023
Mar 30, 2012$16B then
HNW client RAUM$0 as of Mar 27, 2023
Mar 27, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 27, 2023
Apr 1, 20130 then
Employees (5.A)68 as of Mar 27, 2023
Apr 1, 2013137 then
Private funds: no history
RAUM -14% over the last fiscal year-0.9% a year over threeIARs 0 to 0offices 12 to 11
Practice profile
derived from the filing of Jan 11, 2024; 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
unknownderivedHNW RAUM over HNW clients
Average account
$17.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
19%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived12 offices incl. principal (1.F.5)
RAUM growth, one year
-14%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Custody
$7.7B, 22 clientsreportedItem 9.A
Ownership
a bank, bancorp or trust company is a 50 percent or greater ownerderived
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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Banks and thrifts$4.6B53%
  • Corporations and businesses$2.4B28%
  • Charitable organizations$772M8.9%
  • Pension and profit-sharing plans$402M4.6%
  • State and municipal entities$396M4.6%
  • Insurance companies$78.4M0.9%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
13reported
Charitable clients
6reported
Accounts
502reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$7.7B for 22 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
Joined, latest
none on the tape
    Every departureEvery arrival
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • David Gregory Haendel · Directorcontrol
      since 12/2020 · owns less than 5%
    • S Todd Lowenstein · Directorcontrol
      since 12/2019 · owns less than 5%
    • Corinna Seiler · Managing Director, Chairman Of The Board Of Directors, Chief Executive Officer And Presidentcontrol
      since 11/2023 · owns less than 5%
    • Pei-Shang Allen Shyu · Chief Financial Officercontrol
      since 06/2018 · owns less than 5%
    • Gary John Utschig · Chief Compliance Officercontrol
      since 06/2023 · owns less than 5%
    Entity owners
    • U.S. Bank National Association · Sole Member
      direct · owns 75% or more
    • U.S. Bancorp · The Acquisition Of Mufg Unionbank, N.A. By U.S. Bancorp On Completed On December 1, 2022
      indirect · owns 75% or more of U.S. Bank National Association · public reporting company
    Related persons
    Schedule D 7.A
    • Mufg Union Bank, N.A.
      pooled vehicle sponsorreal estatecustodiany
    • U.S. Bancorp Advisors, LLC
      broker-dealerinvestment advisernRAUM $1.8B
    • U.S. Bank N. A.
      broker-dealercustodiann
    Offices
    Schedule D 1.F, the 25 largest
    • Irvine, CA6 employees
    • Beverly Hills, CA4 employees
    • Santa Barbara, CA3 employees
    • Los Angeles, CA3 employees
    • San Jose, CA1 employees
    • Seattle, WA1 employees
    • , 1 employees
    • La Jolla, CA1 employees
    • Portland, OR1 employees
    • San Diego, CA1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 507 to 502
      Dec 22, 2022 to Mar 27, 2023
    • Advisory employees · 38 to 30
      Dec 22, 2022 to Mar 27, 2023
    • Charity clients · 9 to 6
      Dec 22, 2022 to Mar 27, 2023
    • Corporate clients · 26 to 21
      Dec 22, 2022 to Mar 27, 2023
    • Pension plan clients · 20 to 13
      Dec 22, 2022 to Mar 27, 2023
    • Assets in custody · $3.0B to $7.7B
      Dec 22, 2022 to Mar 27, 2023
    • Employees · 78 to 68
      Dec 22, 2022 to Mar 27, 2023
    • Other offices · 12 to 11
      Dec 22, 2022 to Mar 27, 2023
    • Discretionary RAUM · $9.3B to $8.3B
      Dec 22, 2022 to Mar 27, 2023
    • Non-discretionary RAUM · $780M to $344M
      Dec 22, 2022 to Mar 27, 2023
    • Pension RAUM · $604M to $402M
      Dec 22, 2022 to Mar 27, 2023
    • RAUM · $10B to $8.7B
      Dec 22, 2022 to Mar 27, 2023
    • Related bank · true to false
      Oct 28, 2022 to Dec 22, 2022
    • Accounts · 431 to 507
      Nov 11, 2021 to Mar 28, 2022
    • BD registered reps · 1 to 2
      Nov 11, 2021 to Mar 28, 2022
    • Assets in custody · $2.6B to $3.0B
      Nov 11, 2021 to Mar 28, 2022
    • Employees · 77 to 78
      Nov 11, 2021 to Mar 28, 2022
    • Other offices · 10 to 12
      Nov 11, 2021 to Mar 28, 2022
    • Discretionary RAUM · $8.4B to $9.3B
      Nov 11, 2021 to Mar 28, 2022
    • Non-discretionary RAUM · $843M to $780M
      Nov 11, 2021 to Mar 28, 2022
    • Pension RAUM · $700M to $604M
      Nov 11, 2021 to Mar 28, 2022
    • RAUM · $9.3B to $10B
      Nov 11, 2021 to Mar 28, 2022
    • BD registered reps · 0 to 1
      May 26, 2021 to Jun 25, 2021
    • Accounts · 430 to 431
      Dec 22, 2020 to Mar 29, 2021
    • Advisory employees · 40 to 38
      Dec 22, 2020 to Mar 29, 2021
    • Charity clients · 12 to 9
      Dec 22, 2020 to Mar 29, 2021
    • Corporate clients · 34 to 26
      Dec 22, 2020 to Mar 29, 2021
    • Discretionary RAUM · $7.9B to $8.4B
      Dec 22, 2020 to Mar 29, 2021
    • Non-discretionary RAUM · $972M to $843M
      Dec 22, 2020 to Mar 29, 2021
    • Pension RAUM · $597M to $700M
      Dec 22, 2020 to Mar 29, 2021
    • RAUM · $8.9B to $9.3B
      Dec 22, 2020 to Mar 29, 2021
    • Accounts · 426 to 430
      Jan 10, 2020 to Mar 27, 2020
    • Charity clients · 29 to 12
      Jan 10, 2020 to Mar 27, 2020
    • Corporate clients · 52 to 34
      Jan 10, 2020 to Mar 27, 2020
    • Pension plan clients · 33 to 20
      Jan 10, 2020 to Mar 27, 2020
    • Assets in custody · $2.3B to $2.6B
      Jan 10, 2020 to Mar 27, 2020
    • Employees · 76 to 77
      Jan 10, 2020 to Mar 27, 2020
    • Discretionary RAUM · $6.7B to $7.9B
      Jan 10, 2020 to Mar 27, 2020
    • Non-discretionary RAUM · $723M to $972M
      Jan 10, 2020 to Mar 27, 2020
    • Pension RAUM · $622M to $597M
      Jan 10, 2020 to Mar 27, 2020
    Signals
    18 dated events
    • John David Pittman (Chief Executive Officer, President And Chairman Of The Board) no longer on Schedule A of Highmark Capital Management, Inc. (listed 2023-06-26, absent 2023-12-08)
      Dec 8, 2023 · Control person left · inference
    • Gary John Utschig (Chief Compliance Officer) appeared on Schedule A of Highmark Capital Management, Inc.
      Jun 9, 2023 · Control person joined · fact
    • Marla Klaas (Chief Risk Officer) no longer on Schedule A of Highmark Capital Management, Inc. (listed 2023-03-27, absent 2023-06-09)
      Jun 9, 2023 · Control person left · inference
    • Brian William Mahon (Chief Compliance Officer) no longer on Schedule A of Highmark Capital Management, Inc. (listed 2023-03-27, absent 2023-06-09)
      Jun 9, 2023 · Control person left · inference
    • Edwin James Staubin (Director) no longer on Schedule A of Highmark Capital Management, Inc. (listed 2022-03-28, absent 2022-08-17)
      Aug 17, 2022 · Control person left · inference
    • Thomas Brian Applegate (Managing Director & Chief Compliance Officer) no longer on Schedule A of Highmark Capital Management, Inc. (listed 2021-05-26, absent 2021-06-25)
      Jun 25, 2021 · Control person left · inference
    • Brian William Mahon (Chief Compliance Officer) appeared on Schedule A of Highmark Capital Management, Inc.
      Jun 25, 2021 · Control person joined · fact
    • Corinna Seiler (Chief Operating Officer) appeared on Schedule A of Highmark Capital Management, Inc.
      Mar 29, 2021 · Control person joined · fact
    • Marla Klaas (Chief Risk Officer) appeared on Schedule A of Highmark Capital Management, Inc.
      Mar 29, 2021 · Control person joined · fact
    • David Gregory Haendel (Director) appeared on Schedule A of Highmark Capital Management, Inc.
      Dec 22, 2020 · Control person joined · fact
    • Boyd David Wines (President & Chief Executive Officer) no longer on Schedule A of Highmark Capital Management, Inc. (listed 2020-03-27, absent 2020-06-12)
      Jun 12, 2020 · Control person left · inference
    • John David Pittman (Director) appeared on Schedule A of Highmark Capital Management, Inc.
      Mar 27, 2020 · Control person joined · fact
    • Paul Wozniak (Managing Director) no longer on Schedule A of Highmark Capital Management, Inc. (listed 2020-01-10, absent 2020-03-27)
      Mar 27, 2020 · Control person left · inference
    • Allen Kevin Rogers (Managing Director) no longer on Schedule A of Highmark Capital Management, Inc. (listed 2019-08-28, absent 2020-01-10)
      Jan 10, 2020 · Control person left · inference
    • Edwin James Staubin (Director) appeared on Schedule A of Highmark Capital Management, Inc.
      Jan 10, 2020 · Control person joined · fact
    • S Todd Lowenstein (Director) appeared on Schedule A of Highmark Capital Management, Inc.
      Jan 10, 2020 · Control person joined · fact
    • Marla Klaas (Director) appeared on Schedule A of Highmark Capital Management, Inc.
      Jan 10, 2020 · Control person joined · fact
    • Highmark Capital Management, Inc. reported RAUM $7.1B, down 50% from $14.3B (2018-03-27 to 2018-09-27)
      Sep 27, 2018 · 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