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
Highland Consulting Associates Inc.
Latest filing Mar 18, 2026
First filing on the tape Mar 30, 2012 · 26 filings
SEC status approved since Mar 18, 1994
RAUM
$22B
reported, Item 5.F
Discretionary
2.8%
of RAUM
Private clients
1.4%
$313M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$7.3B
derived; firm RAUM over IAPD count
Employees
28
17 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$22B as of Mar 18, 2026
Mar 30, 2012$6.4B then
HNW client RAUM$309M as of Mar 18, 2026
Mar 28, 2018$207M then
State-registered IARs (5.B.3)2 as of Mar 18, 2026
Mar 30, 20120 then
Employees (5.A)28 as of Mar 18, 2026
Apr 1, 201323 then
Private funds: no history
RAUM +8.4% over the last fiscal year+12% a year over threeIARs 1 to 2
Practice profile
derived from the filing of Mar 18, 2026; every figure names its basis
Archetypes, each a printed rule
- Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
- OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RAUM per advisor
- $7.3BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 15derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $7.9MderivedHNW RAUM over HNW clients
- Average account
- $46.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 2.8%derivedof RAUM
- Institutional
- 97%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 9.3derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +8.4%derivedbetween the last two annual amendments
- Advisor growth, one year
- +100%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -2.2%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 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
- 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
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pension and profit-sharing plans$20B90%
- Charitable organizations$1.5B7.0%
- Corporations and businesses$355M1.6%
- High-net-worth individuals$309M1.4%
- Insurance companies$10.5M0.0%
- Individuals$3.3M0.0%
- Individual clients
- 5reported
- HNW clients
- 39reported
- Pension plan clients
- 97reported
- Charitable clients
- 18reported
- Accounts
- 468reported
- Financial planning clients
- 11-25reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.01 fund_share=0.0 institutional_share=0.97 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Thomas Randall FairfaxCertified Financial Planner | Cleveland, Oh | Dec 24, 2024 | 27 y | 3 |
| Laurel FitzsimmonsCertified Financial Planner | Cleveland, Oh | Sep 9, 2025 | 12 y | 0 |
| Ryan Christopher SmeltzerChartered Financial Analyst | Ridgeland, Ms | May 26, 2026 | 12 y | 1 |
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
- Thomas Randall Fairfax from Raymond James Financial Services, Inc.Dec 24, 2024 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- John Kevin Mahon · Chief Compliance Officercontrolsince 09/2023 · owns less than 5%
- Nmn Richard Veres · Presidentcontrolsince 10/1993 · owns less than 5%
- Gregory Mark Mills · Trustee (Esop)controlsince 10/2023 · owns F of Highland Consulting Associates Inc Employee Stock Ownership Plan
Entity owners
- Highland Consulting Associates Inc Employee Stock Ownership Plan · Employee Stock Ownership Plandirect · owns 75% or more
Related persons
Schedule D 7.A
- Highland Consulting Associates International, Inc.investment adviserLP sponsoryRAUM $76.6M
Advisers that list Highland Consulting Associates Inc. as a related person
- 282906 y
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Cleveland, Oh · principal | 3 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 465 to 468Jul 22, 2025 to Mar 18, 2026
- Advisory employees · 19 to 17Jul 22, 2025 to Mar 18, 2026
- Charity clients · 17 to 18Jul 22, 2025 to Mar 18, 2026
- Corporate clients · 8 to 7Jul 22, 2025 to Mar 18, 2026
- HNW clients · 40 to 39Jul 22, 2025 to Mar 18, 2026
- Pension plan clients · 96 to 97Jul 22, 2025 to Mar 18, 2026
- Financial planning clients · 1-10 to 11-25Jul 22, 2025 to Mar 18, 2026
- State-registered IARs · 1 to 2Jul 22, 2025 to Mar 18, 2026
- Discretionary RAUM · $588M to $609MJul 22, 2025 to Mar 18, 2026
- HNW RAUM · $264M to $309MJul 22, 2025 to Mar 18, 2026
- Individual RAUM · $3.1M to $3.3MJul 22, 2025 to Mar 18, 2026
- Non-discretionary RAUM · $20B to $21BJul 22, 2025 to Mar 18, 2026
- Pension RAUM · $18B to $20BJul 22, 2025 to Mar 18, 2026
- RAUM · $20B to $22BJul 22, 2025 to Mar 18, 2026
- Financial planning clients · 1-10 to 1-10Mar 27, 2025 to Jul 22, 2025
- Accounts · 425 to 465Mar 18, 2024 to Mar 27, 2025
- Charity clients · 15 to 17Mar 18, 2024 to Mar 27, 2025
- Corporate clients · 5 to 8Mar 18, 2024 to Mar 27, 2025
- HNW clients · 39 to 40Mar 18, 2024 to Mar 27, 2025
- Individual clients · unset to 5.0Mar 18, 2024 to Mar 27, 2025
- Pension plan clients · 95 to 96Mar 18, 2024 to Mar 27, 2025
- Assets in custody · 16115402.0 to unsetMar 18, 2024 to Mar 27, 2025
- Custody of client assets · true to falseMar 18, 2024 to Mar 27, 2025
- Employees · 31 to 28Mar 18, 2024 to Mar 27, 2025
- Financial planning clients · 11-25 to 1-10Mar 18, 2024 to Mar 27, 2025
- Discretionary RAUM · $239M to $588MMar 18, 2024 to Mar 27, 2025
- HNW RAUM · $241M to $264MMar 18, 2024 to Mar 27, 2025
- Individual RAUM · $2.4M to $3.1MMar 18, 2024 to Mar 27, 2025
- Non-discretionary RAUM · $18B to $20BMar 18, 2024 to Mar 27, 2025
- Pension RAUM · $17B to $18BMar 18, 2024 to Mar 27, 2025
- RAUM · $18B to $20BMar 18, 2024 to Mar 27, 2025
- Accounts · 439 to 425Jan 18, 2024 to Mar 18, 2024
- Advisory employees · 18 to 19Jan 18, 2024 to Mar 18, 2024
- Charity clients · 13 to 15Jan 18, 2024 to Mar 18, 2024
- Corporate clients · unset to 5.0Jan 18, 2024 to Mar 18, 2024
- HNW clients · 38 to 39Jan 18, 2024 to Mar 18, 2024
- Assets in custody · $40.6M to $16.1MJan 18, 2024 to Mar 18, 2024
- Employees · 28 to 31Jan 18, 2024 to Mar 18, 2024
- Financial planning clients · 1-10 to 11-25Jan 18, 2024 to Mar 18, 2024
- State-registered IARs · 0 to 1Jan 18, 2024 to Mar 18, 2024
Signals
4 dated events
- Gregory Mark Mills (Trustee (Esop)) appeared on Schedule A of Highland Consulting Associates Inc.Jan 18, 2024 · Control person joined · fact
- Paul Christopher Germano (Chief Compliance Officer) no longer on Schedule A of Highland Consulting Associates Inc. (listed 2023-03-17, absent 2023-09-18)Sep 18, 2023 · Control person left · inference
- John Kevin Mahon (Trustee (Esop)) appeared on Schedule A of Highland Consulting Associates Inc.Mar 14, 2022 · Control person joined · fact
- Highland Consulting Associates Inc. reported RAUM $15.5B, up 27% from $12.2B (2019-05-07 to 2020-03-16)Mar 16, 2020 · 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/HIGHLAND-CONSULTING-ASSOCIATES-INC-reportedpublic record, Form ADV, Sep 17, 2026
- Website
- HIGHLANDUSA.NETreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 440-808-1500reportedpublic record, Form ADV, Mar 18, 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
- Institutional managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $7.3Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026