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

Sbsb Financial Advisors

Former SEC-registered adviserMclean, VirginiaCRD 109732SEC 801-38301IAPD
Legal name Sullivan, Bruyette, Speros & Blayney, LLC
Latest filing Mar 30, 2021
First filing on the tape Mar 29, 2012 · 53 filings
RAUM
$5.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
91%
$4.6B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
66
31 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
53 filings and snapshots on the tape
RAUM$5.1B as of Mar 30, 2021
Mar 29, 2012$2.2B then
HNW client RAUM$4.5B as of Mar 30, 2021
Mar 30, 2018$2.9B then
State-registered IARs (5.B.3)31 as of Mar 30, 2021
Apr 1, 201320 then
Employees (5.A)66 as of Mar 30, 2021
Apr 1, 201338 then
Private funds3 as of Mar 21, 2016
Mar 29, 20123 then
RAUM +18% over the last fiscal year+13% a year over threeIARs 31 to 31offices 1 to 2
Practice profile
derived from the filing of Mar 30, 2021; every figure names its basis
RAUM per advisor
$163MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
37derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.1MderivedHNW RAUM over HNW clients
Average account
$1.1MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
7.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.1derivedItem 5.A over advisors
Advisors per office
10.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.0%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminarsreportedItem 5.G
Financial planning clients
1,000reportedItem 5.H
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)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$4.5B89%
  • Charitable organizations$369M7.3%
  • Individuals$125M2.5%
  • Corporations and businesses$42.9M0.8%
  • Pension and profit-sharing plans$21.0M0.4%
Individual clients
272reported
HNW clients
876reported
Pension plan clients
11reported
Charitable clients
8reported
Accounts
4,525reported
Financial planning clients
1,000reported
Wrap fee programs
noreported
Custody of client assets
noreported
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
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    3 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    Sbsb01no longer reportedOther Private Fund$010Mar 29, 2012
    Sbsb02no longer reportedOther Private Fund$04Mar 29, 2012
    Sbsb03no longer reportedOther Private Fund$010Mar 29, 2012
    Owners and control persons
    Schedule A and B, latest filing
    • Joseph James Bruyette · Co-Ceo; Principalcontrol
      since 01/2003 · owns 10% to 25%
    • William Patrick Dunne · Chief Financial Officer; Principalcontrol
      since 01/2019 · owns less than 5%
    • Edward Mark Johannessen · Principalcontrol
      since 03/2017 · owns 5% to 10%
    • Charles Peter Speros · President; Secretary; Principalcontrol
      since 01/2003 · owns 10% to 25%
    • Donald Gregory Sullivan · Co-Ceo; Principalcontrol
      since 01/2003 · owns 25% to 50%
    • Donald Gregory Sullivan · Membercontrol
      since 04/2016 · owns 25% to 50% of Sbsb Holdings LLC
    • David Gary Ingram · Chief Compliance Officer, Principal
      since 08/2019 · owns less than 5%
    Entity owners
    • Sbsb Holdings LLC · Managing Member
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Advisers that list Sbsb Financial Advisors as a related person
    Offices
    Schedule D 1.F, the 25 largest
    • Raleigh, NC2 employees
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 4,259 to 4,525
      Feb 26, 2021 to Mar 30, 2021
    • Charity clients · 12 to 8
      Feb 26, 2021 to Mar 30, 2021
    • Corporate clients · 8 to 4
      Feb 26, 2021 to Mar 30, 2021
    • HNW clients · 809 to 876
      Feb 26, 2021 to Mar 30, 2021
    • Individual clients · 254 to 272
      Feb 26, 2021 to Mar 30, 2021
    • Pension plan clients · 8 to 11
      Feb 26, 2021 to Mar 30, 2021
    • Assets in custody · $1.6B to $2.1B
      Feb 26, 2021 to Mar 30, 2021
    • Discretionary RAUM · $4.3B to $5.0B
      Feb 26, 2021 to Mar 30, 2021
    • HNW RAUM · $3.7B to $4.5B
      Feb 26, 2021 to Mar 30, 2021
    • Individual RAUM · $127M to $125M
      Feb 26, 2021 to Mar 30, 2021
    • Non-discretionary RAUM · $10.4M to $17.3M
      Feb 26, 2021 to Mar 30, 2021
    • Pension RAUM · $42.3M to $21.0M
      Feb 26, 2021 to Mar 30, 2021
    • RAUM · $4.3B to $5.1B
      Feb 26, 2021 to Mar 30, 2021
    • Business name · SULLIVAN, BRUYETTE, SPEROS & BLAYNEY, LLC to SBSB FINANCIAL ADVISORS
      Nov 2, 2020 to Feb 26, 2021
    • Other offices · 1 to 2
      Mar 31, 2020 to Apr 9, 2020
    • Accounts · 4,178 to 4,259
      Oct 23, 2019 to Mar 31, 2020
    • Advisory employees · 27 to 31
      Oct 23, 2019 to Mar 31, 2020
    • Charity clients · 11 to 12
      Oct 23, 2019 to Mar 31, 2020
    • Corporate clients · 9 to 8
      Oct 23, 2019 to Mar 31, 2020
    • HNW clients · 746 to 809
      Oct 23, 2019 to Mar 31, 2020
    • Individual clients · 275 to 254
      Oct 23, 2019 to Mar 31, 2020
    • Pension plan clients · 6 to 8
      Oct 23, 2019 to Mar 31, 2020
    • Assets in custody · $1.2B to $1.6B
      Oct 23, 2019 to Mar 31, 2020
    • Employees · 62 to 66
      Oct 23, 2019 to Mar 31, 2020
    • Financial planning clients · 251-500 to More than 500
      Oct 23, 2019 to Mar 31, 2020
    • State-registered IARs · 27 to 31
      Oct 23, 2019 to Mar 31, 2020
    • Discretionary RAUM · $3.5B to $4.3B
      Oct 23, 2019 to Mar 31, 2020
    • HNW RAUM · $3.0B to $3.7B
      Oct 23, 2019 to Mar 31, 2020
    • Individual RAUM · $131M to $127M
      Oct 23, 2019 to Mar 31, 2020
    • Non-discretionary RAUM · $35.7M to $10.4M
      Oct 23, 2019 to Mar 31, 2020
    • Pension RAUM · $57.4M to $42.3M
      Oct 23, 2019 to Mar 31, 2020
    • RAUM · $3.5B to $4.3B
      Oct 23, 2019 to Mar 31, 2020
    • Accounts · 3,772 to 4,178
      Dec 12, 2018 to Mar 21, 2019
    • Advisory employees · 25 to 27
      Dec 12, 2018 to Mar 21, 2019
    • Charity clients · 5 to 11
      Dec 12, 2018 to Mar 21, 2019
    • Corporate clients · 15 to 9
      Dec 12, 2018 to Mar 21, 2019
    • HNW clients · 720 to 746
      Dec 12, 2018 to Mar 21, 2019
    • Individual clients · 245 to 275
      Dec 12, 2018 to Mar 21, 2019
    • Pension plan clients · unset to 6.0
      Dec 12, 2018 to Mar 21, 2019
    • Assets in custody · $1.1B to $1.2B
      Dec 12, 2018 to Mar 21, 2019
    Signals
    3 dated events
    • Elizabeth Martine Lellis (Chief Operating Officer / Chief Compliance Officer) no longer on Schedule A of Sbsb Financial Advisors (listed 2019-06-28, absent 2019-08-01)
      Aug 1, 2019 · Control person left · inference
    • William Patrick Dunne (Chief Financial Officer; Principal) appeared on Schedule A of Sbsb Financial Advisors
      Mar 21, 2019 · Control person joined · fact
    • Sbsb reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Mar 21, 2016 · Succession (Item 4) · 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