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
James Investment Research Inc
Latest filing May 18, 2026
First filing on the tape Nov 15, 2011 · 29 filings
SEC status approved since Oct 2, 1976
RAUM
$1.2B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
47%
$567M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$151M
derived; firm RAUM over IAPD count
Employees
15
8 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$1.2B as of May 18, 2026
Nov 15, 2011$2.6B then
HNW client RAUM$463M as of May 18, 2026
Jan 2, 2018$563M then
State-registered IARs (5.B.3)9 as of May 18, 2026
Dec 20, 201213 then
Employees (5.A)15 as of May 18, 2026
Dec 20, 201219 then
Private funds: no history
RAUM +14% over the last fiscal year-5.7% a year over threeIARs 11 to 9
Practice profile
derived from the filing of May 18, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- RAUM per advisor
- $151MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 51derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.2MderivedHNW RAUM over HNW clients
- Average account
- $1.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 3.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.9derivedItem 5.A over advisors
- Advisors per office
- 8.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +9.9%derivedbetween the last two annual amendments
- Advisor growth, one year
- -18%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -32%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, portfolio management for investment companies, selection of other advisers, otherreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Custody
- $49.9M, 32 clientsreportedItem 9.A
- Ownership
- controlled by a public reporting companyderived
- 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)
- an independent public accountant performs a surprise examination (9.C.1)
- controlled by a public reporting company (10.A)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$551M46%
- High-net-worth individuals$463M38%
- Individuals$104M8.6%
- Corporations and businesses$43.8M3.6%
- Charitable organizations$38.4M3.2%
- Pension and profit-sharing plans$5.8M0.5%
- Individual clients
- 295reported
- HNW clients
- 109reported
- Pension plan clients
- n/areported
- Charitable clients
- 12reported
- Accounts
- 692reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- $0 sponsored, $292M managedreported
- Custody of client assets
- $49.9M for 32 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.47 fund_share=0.46 institutional_share=0.04 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Richard Brian Culpepper | Xenia, Oh | Nov 7, 2011 | 31 y | 0 |
| Trent Devaun DysertChartered Financial Analyst | Xenia, Oh | Nov 8, 2011 | 20 y | 1 |
| Brian Philip ShepardsonChartered Financial Analyst, Chartered Investment Counselor | Xenia, Oh | Nov 18, 2011 | 14 y | 0 |
| Annette Marie Quinter | Xenia, Oh | Nov 18, 2011 | 22 y | 0 |
| Diane Marie Rose | Xenia, Oh | Nov 18, 2011 | 34 y | 0 |
| David James Mcgowan | Xenia, Oh | Jan 7, 2022 | 11 y | 1 |
| Lesley Dawn Ott | Xenia, Oh | Jan 7, 2022 | 20 y | 1 |
| Ryan Michael Post | Xenia, Oh | Jan 7, 2022 | 20 y | 1 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 13% of current headcount2 left over 36 months
Left, latest
- Ashlee Danette Walton to Goldstone Financial Group, LLCApr 13, 2026 · RIA to RIA
- Moustapha Mounah to Westminster Financial Advisory CorpJan 12, 2024 · RIA to RIA
- Michelle Lynn Sarmiento to Neuberger Berman Bd LLCApr 1, 2019 · Other
Joined, latest
- Ashlee Danette Walton from Buckingham Capital Management, Inc.Aug 29, 2022 · RIA to RIA
- Lesley Dawn Ott from James Capital Alliance IncJan 7, 2022 · RIA to RIA
- Ryan Michael Post from James Capital Alliance IncJan 7, 2022 · RIA to RIA
- David James Mcgowan from James Capital Alliance IncJan 7, 2022 · RIA to RIA
- Trent Devaun Dysert from Ameriprise Financial Services, LLCNov 8, 2011 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 3 joined from James Capital Alliance IncDec 31, 2021 · Xenia, Oh · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Brian Richard Culpepper · President (Jan. 2022) & Ceo (Nov.controlsince 01/2022 · owns less than 5%
- Ray Barry James · Chairman Of The Boardcontrolsince 01/1995 · owns less than 5%
- Dawn Lesley Ott · Chief Compliance Officer (Jan.controlsince 01/2012 · owns less than 5%
- Ray Barry James · Co-Trusteecontrolsince 04/2019 · owns F of Frank E James Jr. Trust Iris R. James Trustee Dtd 03/05/1986
- Edward Francis James · Co-Trusteecontrolsince 04/2019 · owns F of Frank E James Jr. Trust Iris R. James Trustee Dtd 03/05/1986
- Rae Iris James · Trusteecontrolsince 03/2019 · owns F of Frank E James Jr. Trust Iris R. James Trustee Dtd 03/05/1986
Entity owners
- Frank E James Jr. Trust Iris R. · Ownerdirect · owns 75% or more
- Frank E James Jr. Trust Iris R. James Trustee Dtd 03/05/1986 · Ownerdirect · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Advisers that list James Investment Research Inc as a related person
- 107078 n
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Xenia, Oh · principal | 8 | 0 | 1 |
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 May 18, 2026JAMES, FRANCIS, EDWARD (CO-TRUSTEE) left Schedule A between the filings of 2022-01-12 and 2026-05-18peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing May 18, 2026JAMES, IRIS, RAE (TRUSTEE) left Schedule A between the filings of 2022-01-12 and 2026-05-18peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 681 to 692Dec 19, 2024 to Dec 18, 2025
- HNW clients · 11 to 109Dec 19, 2024 to Dec 18, 2025
- Individual clients · 308 to 295Dec 19, 2024 to Dec 18, 2025
- Pension plan clients · 5.0 to unsetDec 19, 2024 to Dec 18, 2025
- Assets in custody · $22.3M to $49.9MDec 19, 2024 to Dec 18, 2025
- Employees · 14 to 15Dec 19, 2024 to Dec 18, 2025
- Financial planning clients · 26-50 to 51-100Dec 19, 2024 to Dec 18, 2025
- Discretionary RAUM · $1.1B to $1.2BDec 19, 2024 to Dec 18, 2025
- HNW RAUM · $440M to $463MDec 19, 2024 to Dec 18, 2025
- Individual RAUM · $97.0M to $104MDec 19, 2024 to Dec 18, 2025
- Non-discretionary RAUM · $28.1M to $35.0MDec 19, 2024 to Dec 18, 2025
- Pension RAUM · $5.6M to $5.8MDec 19, 2024 to Dec 18, 2025
- RAUM · $1.2B to $1.2BDec 19, 2024 to Dec 18, 2025
- Related insurance company · false to trueDec 19, 2024 to Dec 18, 2025
- Wrap assets (manager) · $299M to $292MDec 19, 2024 to Dec 18, 2025
- Accounts · 756 to 681Jan 2, 2024 to Dec 19, 2024
- Advisory employees · 7 to 8Jan 2, 2024 to Dec 19, 2024
- Advisory activities · 5 to 6Jan 2, 2024 to Dec 19, 2024
- Charity clients · 10 to 12Jan 2, 2024 to Dec 19, 2024
- Corporate clients · 18 to 14Jan 2, 2024 to Dec 19, 2024
- HNW clients · 68 to 11Jan 2, 2024 to Dec 19, 2024
- Individual clients · 400 to 308Jan 2, 2024 to Dec 19, 2024
- Pension plan clients · 6 to 5Jan 2, 2024 to Dec 19, 2024
- Pooled vehicle clients · 0.0 to unsetJan 2, 2024 to Dec 19, 2024
- Assets in custody · $14.4M to $22.3MJan 2, 2024 to Dec 19, 2024
- Employees · 15 to 14Jan 2, 2024 to Dec 19, 2024
- State-registered IARs · 11 to 9Jan 2, 2024 to Dec 19, 2024
- Discretionary RAUM · $1.0B to $1.1BJan 2, 2024 to Dec 19, 2024
- HNW RAUM · $274M to $440MJan 2, 2024 to Dec 19, 2024
- Individual RAUM · $177M to $97.0MJan 2, 2024 to Dec 19, 2024
- Non-discretionary RAUM · $23.7M to $28.1MJan 2, 2024 to Dec 19, 2024
- Pension RAUM · $5.0M to $5.6MJan 2, 2024 to Dec 19, 2024
- Pooled vehicle RAUM · 0.0 to unsetJan 2, 2024 to Dec 19, 2024
- RAUM · $1.1B to $1.2BJan 2, 2024 to Dec 19, 2024
- Wrap assets (manager) · $238M to $299MJan 2, 2024 to Dec 19, 2024
- Accounts · 841 to 756Dec 22, 2022 to Jan 2, 2024
- Advisory employees · 8 to 7Dec 22, 2022 to Jan 2, 2024
- Charity clients · 13 to 10Dec 22, 2022 to Jan 2, 2024
- Corporate clients · 21 to 18Dec 22, 2022 to Jan 2, 2024
- HNW clients · 101 to 68Dec 22, 2022 to Jan 2, 2024
Signals
14 dated events
- Ashlee Danette Walton left James Investment Research Inc for Goldstone Financial Group, Llc (registered 2024-03-07)Apr 13, 2026 · Advisor changed firm · fact
- Moustapha Mounah left James Investment Research Inc for Westminster Financial Advisory Corp (registered 2024-03-01)Jan 12, 2024 · Advisor changed firm · fact
- James Investment Research Inc reported RAUM $1.1B, down 27% from $1.5B (2022-03-15 to 2022-12-22)Dec 22, 2022 · RAUM change · derived
- William David James (Co-Trustee) no longer on Schedule A of James Investment Research Inc (listed 2022-01-21, absent 2022-02-21)Feb 21, 2022 · Control person left · inference
- James Investment Research Inc reported succeeding to the business of Another Adviser (Form ADV Item 4)Jan 12, 2022 · Succession (Item 4) · fact
- Brian Richard Culpepper (President) appeared on Schedule A of James Investment Research IncJan 12, 2022 · Control person joined · fact
- James Investment Research Inc reported RAUM $1.6B, down 26% from $2.1B (2020-06-23 to 2020-12-14)Dec 14, 2020 · RAUM change · derived
- Marie Ann Shaw-Kremer (Chief Operating Officer) no longer on Schedule A of James Investment Research Inc (listed 2019-12-11, absent 2020-01-13)Jan 13, 2020 · Control person left · inference
- James Investment Research Inc reported RAUM $2.6B, down 31% from $3.8B (2018-12-17 to 2019-04-09)Apr 9, 2019 · RAUM change · derived
- E Francis James (Chairman/Owner) no longer on Schedule A of James Investment Research Inc (listed 2018-12-17, absent 2019-04-09)Apr 9, 2019 · Control person left · inference
- Rae Iris James (Trustee) appeared on Schedule A of James Investment Research IncApr 9, 2019 · Control person joined · fact
- William David James (Co-Trustee) appeared on Schedule A of James Investment Research IncApr 9, 2019 · Control person joined · fact
- Edward Francis James (Co-Trustee) appeared on Schedule A of James Investment Research IncApr 9, 2019 · Control person joined · fact
- James Investment Research Inc reported RAUM $3.8B, down 27% from $5.2B (2018-01-02 to 2018-12-17)Dec 17, 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.
How to reach
public business contact points only, each with its source
- Business phone
- 888-426-7640reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 937-426-7097reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/JAMES-INVESTMENTreportedpublic record, Form ADV, Sep 17, 2026
- Website
- JAMESINVESTMENT.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 937-426-7640reportedpublic record, Form ADV, May 18, 2026
- Contact form
- jamesinvestment.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- jamesinvestment.com/teamreportedpublished 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
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $151Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026