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
Bridgewater Advisors Inc.
Latest filing Mar 12, 2026
First filing on the tape Mar 30, 2012 · 29 filings
SEC status approved since Jan 1, 1995
RAUM
$2.6B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$2.5B individuals and HNW
Advisors
14
registered through the firm on IAPD
RAUM per advisor
$183M
derived; firm RAUM over IAPD count
Employees
24
17 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$2.6B as of Mar 12, 2026
Mar 30, 2012$944M then
HNW client RAUM$2.4B as of Mar 12, 2026
Mar 31, 2018$1.3B then
State-registered IARs (5.B.3)17 as of Mar 12, 2026
Apr 1, 20130 then
Employees (5.A)24 as of Mar 12, 2026
Apr 1, 201316 then
Private funds: no history
RAUM +20% over the last fiscal year+10% a year over threeIARs 14 to 17
Practice profile
derived from the filing of Mar 12, 2026; every figure names its basis
Archetypes, each a printed rule
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $183MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 42derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $6.5MderivedHNW RAUM over HNW clients
- Average account
- $834,592derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.7derivedItem 5.A over advisors
- Advisors per office
- 14.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +20%derivedbetween the last two annual amendments
- Advisor growth, one year
- +21%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +9.1%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
- Custody
- $92.8M, 59 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
- 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$2.4B94%
- Individuals$107M4.2%
- Corporations and businesses$36.8M1.4%
- Charitable organizations$13.5M0.5%
- Investment companies$4.2M0.2%
- Individual clients
- 223reported
- HNW clients
- 366reported
- Pension plan clients
- 0reported
- Charitable clients
- 6reported
- Accounts
- 3,075reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- $92.8M for 59 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.97 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
14 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Leo Vincent MarzenCertified Financial Planner, Chartered Financial Analyst | New York, Ny | Apr 3, 2006 | 36 y | 0 |
| Matthew D PelzCertified Financial Planner | New York, Ny | Jan 30, 2015 | 16 y | 0 |
| Josefine Teneback CaysCertified Financial Planner | New York, Ny | Dec 11, 2019 | 24 y | 0 |
| Benjamin Wesley BernardCertified Financial Planner | New York, Ny | Aug 19, 2021 | 21 y | 0 |
| Barbara Jean LeclercCertified Financial Planner, Chartered Financial Analyst | New York, Ny | Aug 19, 2021 | 23 y | 0 |
| Sara Jean StollbergerCertified Financial Planner | New York, Ny | Aug 19, 2021 | 13 y | 0 |
| Gabe Derek BryanCertified Financial Planner | New York, Ny | Aug 25, 2021 | 19 y | 1 |
| Jacques Avery FreemanCertified Financial Planner | New York, Ny | Aug 25, 2021 | 11 y | 0 |
| Ann Marie Thibodeau | New York, Ny | Sep 7, 2021 | 27 y | 0 |
| Yanying Lin | New York, Ny | Sep 16, 2021 | 10 y | 0 |
| Olabode Adeleke Aladenika | New York, Ny | Apr 3, 2023 | 11 y | 0 |
| Ryan John WilkensCertified Financial Planner | New York, Ny | Jul 5, 2024 | 12 y | 0 |
| David George ShawCertified Financial Planner | New York, Ny | Jun 23, 2025 | 11 y | 1 |
| Timothy P Feeney | New York, Ny | Aug 11, 2025 | 21 y | 0 |
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 headcount1 left over 36 months
Left, latest
- Bryan Lane Spigner to Commonwealth Financial NetworkJan 3, 2025 · RIA to affiliated broker-dealer or bank
- Ian T Harvey to RegentatlanticAug 25, 2022 · RIA to RIA
Joined, latest
- David George Shaw from Focus Partners Wealth, LLCJun 23, 2025 · RIA to RIA
- Bryan Lane Spigner from Kestra Advisory Services, LLCApr 5, 2023 · Affiliated broker-dealer or bank to independent RIA
- Gabe Derek Bryan from Fca CorpAug 25, 2021 · Other
- Ian T Harvey from Rockwood Wealth Management, LLCAug 24, 2021 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Vincent Leo Marzen · Managing Partnercontrolsince 01/2010 · owns 50% to 75%
- Marie Ann Thibodeau · Partnercontrolsince 01/2011 · owns 5% to 10%
- Derek Gabe Bryan · Partnersince 01/2015 · owns 5% to 10%
- Teneback Josefine Cays · Partnersince 01/2011 · owns 5% to 10%
- Jean Barbara Leclerc · Chief Investment Officersince 01/2011 · owns less than 5%
- D Matthew Pelz · Partnersince 01/2020 · owns less than 5%
- Francis Thomas Smyth · Chief Compliance Officer/Partnersince 02/2011 · owns less than 5%
- Holt Jane Weber · Partnersince 01/2011 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| New York, Ny · principal | 14 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Mar 12, 2026MARZEN, LEO, VINCENT (MANAGING PARTNER) left Schedule A between the filings of 2020-03-27 and 2026-03-12peers: independent wealth managers, $1B to $5B (1,362)
- custody status changedChange between filings · filing Mar 12, 2026custody of client assets (Item 9.A): no on the filing of 2025-09-30, yes on the filing of 2026-03-12peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
- Accounts · 2,619 to 3,075Sep 30, 2025 to Mar 12, 2026
- Charity clients · 7 to 6Sep 30, 2025 to Mar 12, 2026
- HNW clients · 345 to 366Sep 30, 2025 to Mar 12, 2026
- Individual clients · 195 to 223Sep 30, 2025 to Mar 12, 2026
- Assets in custody · $87.1M to $92.8MSep 30, 2025 to Mar 12, 2026
- Custody of client assets · false to trueSep 30, 2025 to Mar 12, 2026
- Employees · 22 to 24Sep 30, 2025 to Mar 12, 2026
- State-registered IARs · 15 to 17Sep 30, 2025 to Mar 12, 2026
- Discretionary RAUM · $2.1B to $2.6BSep 30, 2025 to Mar 12, 2026
- HNW RAUM · $2.0B to $2.4BSep 30, 2025 to Mar 12, 2026
- Individual RAUM · $67.9M to $107MSep 30, 2025 to Mar 12, 2026
- RAUM · $2.1B to $2.6BSep 30, 2025 to Mar 12, 2026
- Advisory employees · 16 to 17Aug 5, 2025 to Sep 30, 2025
- Employees · 21 to 22Aug 5, 2025 to Sep 30, 2025
- State-registered IARs · 14 to 15Aug 5, 2025 to Sep 30, 2025
- Accounts · 2,649 to 2,619Jan 6, 2025 to Mar 15, 2025
- HNW clients · 310 to 345Jan 6, 2025 to Mar 15, 2025
- Individual clients · 189 to 195Jan 6, 2025 to Mar 15, 2025
- Financial planning clients · 101-250 to 101-250Jan 6, 2025 to Mar 15, 2025
- Discretionary RAUM · $1.9B to $2.1BJan 6, 2025 to Mar 15, 2025
- HNW RAUM · $1.8B to $2.0BJan 6, 2025 to Mar 15, 2025
- Individual RAUM · $88.8M to $67.9MJan 6, 2025 to Mar 15, 2025
- RAUM · $1.9B to $2.1BJan 6, 2025 to Mar 15, 2025
- Advisory employees · 17 to 16Jul 8, 2024 to Jan 6, 2025
- Employees · 22 to 21Jul 8, 2024 to Jan 6, 2025
- State-registered IARs · 15 to 14Jul 8, 2024 to Jan 6, 2025
- Advisory employees · 16 to 17Mar 26, 2024 to Jul 8, 2024
- Employees · 21 to 22Mar 26, 2024 to Jul 8, 2024
- State-registered IARs · 14 to 15Mar 26, 2024 to Jul 8, 2024
- Accounts · 2,537 to 2,649May 25, 2023 to Mar 26, 2024
- HNW clients · 295 to 310May 25, 2023 to Mar 26, 2024
- Individual clients · 186 to 189May 25, 2023 to Mar 26, 2024
- State-registered IARs · 6 to 14May 25, 2023 to Mar 26, 2024
- Discretionary RAUM · $1.6B to $1.9BMay 25, 2023 to Mar 26, 2024
- HNW RAUM · $1.5B to $1.8BMay 25, 2023 to Mar 26, 2024
- Individual RAUM · $82.3M to $88.8MMay 25, 2023 to Mar 26, 2024
- RAUM · $1.6B to $1.9BMay 25, 2023 to Mar 26, 2024
- Advisory employees · 17 to 16Apr 13, 2023 to May 25, 2023
- Employees · 22 to 21Apr 13, 2023 to May 25, 2023
- State-registered IARs · 7 to 6Apr 13, 2023 to May 25, 2023
Signals
3 dated events
- Bryan Lane Spigner left Bridgewater Advisors Inc. for Commonwealth Financial Network (registered 2025-01-23)Jan 3, 2025 · Advisor changed firm · fact
- Ian T Harvey left Bridgewater Advisors Inc. for Regentatlantic (registered 2022-06-09)Aug 25, 2022 · Advisor changed firm · fact
- Bridgewater Advisors Inc. reported RAUM $1.7B, up 25% from $1.3B (2019-03-04 to 2020-03-27)Mar 27, 2020 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- Bridgewater Advisors Inc. · Private Equityshared crd · intermediary
How to reach
public business contact points only, each with its source
- Business phone
- 212-221-5300reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 212-221-5385reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/BRIDGEWATER-ADVISORS-INC.reportedpublic record, Form ADV, Sep 18, 2026
- Website
- BRIDGEWATERADV.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 212-221-5300reportedpublic record, Form ADV, Mar 12, 2026
- Contact form
- bridgewateradv.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- bridgewateradv.com/peoplereportedpublished by the firm, firm site, Sep 15, 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
- $183Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026