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.

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SEC-registered adviser

M••••• I••••••••• A••••••••• I••

Independent wealth managerVerona, New JerseyCRD 110325SEC 801-28113websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 29, 2012 · 22 filings
SEC status approved since Nov 6, 1986
RAUM
$894M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
95%
$854M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$224M
derived; firm RAUM over IAPD count
Employees
4
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$894M as of Mar 31, 2026
Mar 29, 2012$395M then
HNW client RAUM$827M as of Mar 31, 2026
Mar 30, 2018$489M then
State-registered IARs (5.B.3)2 as of Mar 31, 2026
Mar 29, 20120 then
Employees (5.A)4 as of Mar 31, 2026
Mar 28, 20135 then
Private funds: no history
RAUM +11% over the last fiscal year+8.3% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 31, 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
$224MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
142derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$1.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
4.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.5%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$827M93%
  • Charitable organizations$27.4M3.1%
  • Individuals$26.1M2.9%
  • Pension and profit-sharing plans$13.5M1.5%
Individual clients
153reported
HNW clients
415reported
Pension plan clients
1reported
Charitable clients
7reported
Accounts
576reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.95 fund_share=0.0 institutional_share=0.05 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
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
      • O••••••••• K••••••• R••• · President, Chief Compliance Officercontrol
        since 09/2004 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Verona, Nj · principal430
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      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 99% (1482 comparable advisers, 0.0th percentile, 33.5 robust deviations)
        peers: independent wealth managers, $500M to $1B (1,482) · 0.0% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 557 to 576
        Mar 31, 2025 to Mar 31, 2026
      • HNW clients · 366 to 415
        Mar 31, 2025 to Mar 31, 2026
      • Individual clients · 183 to 153
        Mar 31, 2025 to Mar 31, 2026
      • HNW RAUM · $729M to $827M
        Mar 31, 2025 to Mar 31, 2026
      • Individual RAUM · $38.2M to $26.1M
        Mar 31, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $804M to $894M
        Mar 31, 2025 to Mar 31, 2026
      • Pension RAUM · $12.5M to $13.5M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $804M to $894M
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 565 to 557
        Mar 29, 2024 to Mar 31, 2025
      • Advisory employees · 3 to 2
        Mar 29, 2024 to Mar 31, 2025
      • Charity clients · 8 to 7
        Mar 29, 2024 to Mar 31, 2025
      • HNW clients · 355 to 366
        Mar 29, 2024 to Mar 31, 2025
      • Individual clients · 201 to 183
        Mar 29, 2024 to Mar 31, 2025
      • Employees · 5 to 4
        Mar 29, 2024 to Mar 31, 2025
      • Financial planning clients · 0 to 0
        Mar 29, 2024 to Mar 31, 2025
      • HNW RAUM · $698M to $729M
        Mar 29, 2024 to Mar 31, 2025
      • Individual RAUM · $38.5M to $38.2M
        Mar 29, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $780M to $804M
        Mar 29, 2024 to Mar 31, 2025
      • Pension RAUM · $12.6M to $12.5M
        Mar 29, 2024 to Mar 31, 2025
      • RAUM · $780M to $804M
        Mar 29, 2024 to Mar 31, 2025
      • Accounts · 544 to 565
        Mar 31, 2023 to Mar 29, 2024
      • HNW clients · 322 to 355
        Mar 31, 2023 to Mar 29, 2024
      • Individual clients · 213 to 201
        Mar 31, 2023 to Mar 29, 2024
      • HNW RAUM · $625M to $698M
        Mar 31, 2023 to Mar 29, 2024
      • Individual RAUM · $39.4M to $38.5M
        Mar 31, 2023 to Mar 29, 2024
      • Non-discretionary RAUM · $703M to $780M
        Mar 31, 2023 to Mar 29, 2024
      • Pension RAUM · $11.1M to $12.6M
        Mar 31, 2023 to Mar 29, 2024
      • RAUM · $703M to $780M
        Mar 31, 2023 to Mar 29, 2024
      • Accounts · 538 to 544
        Mar 30, 2022 to Mar 31, 2023
      • HNW clients · 340 to 322
        Mar 30, 2022 to Mar 31, 2023
      • Individual clients · 189 to 213
        Mar 30, 2022 to Mar 31, 2023
      • HNW RAUM · $649M to $625M
        Mar 30, 2022 to Mar 31, 2023
      • Individual RAUM · $38.9M to $39.4M
        Mar 30, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $727M to $703M
        Mar 30, 2022 to Mar 31, 2023
      • Pension RAUM · $11.1M to $11.1M
        Mar 30, 2022 to Mar 31, 2023
      • RAUM · $727M to $703M
        Mar 30, 2022 to Mar 31, 2023
      • Advisory employees · 4 to 3
        Jul 26, 2021 to Mar 30, 2022
      • Accounts · 503 to 538
        Jul 26, 2021 to Mar 30, 2022
      • Charity clients · 7 to 8
        Jul 26, 2021 to Mar 30, 2022
      • HNW clients · 312 to 340
        Jul 26, 2021 to Mar 30, 2022
      Signals
      2 dated events
      • Thomas J••• O'Donnell (President) no longer on Schedule A of M••••• I••••••••• A••••••••• I•• (listed 2021-03-30, absent 2021-07-26)
        Jul 26, 2021 · Control person left · inference
      • M••••• I••••••••• A••••••••• I•• reported RAUM $659.9M, up 37% from $481.5M (2020-10-05 to 2021-03-30)
        Mar 30, 2021 · 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
      Business phone
      973-239-1033reportedpublished by the firm, firm site, Sep 15, 2026
      Business phone
      973-239-8179reportedpublished by the firm, firm site, Sep 15, 2026
      Website
      M•••••.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      973-239-1033reportedpublic record, Form ADV, Mar 31, 2026
      Contact form
      makrod.com/contact-usreportedpublished 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
      $224Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026