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

Towers Watson Investment Services, Inc.

Institutional managerChicago, IllinoisCRD 110473SEC 801-46008websiteIAPD
Latest filing Jul 30, 2026
First filing on the tape Mar 30, 2012 · 80 filings
SEC status approved since Mar 22, 1994
RAUM
$63B
reported, Item 5.F
Discretionary
87%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$13B
derived; firm RAUM over IAPD count
Employees
239
233 advisory (5.B.1)
Offices
14
beyond the principal office
Private funds
11
reported on Schedule D
History
80 filings and snapshots on the tape
RAUM$63B as of Jul 30, 2026
Sep 28, 2012$11B then
HNW client RAUM$0 as of Jul 30, 2026
Apr 2, 2018$0 then
State-registered IARs (5.B.3)8 as of Jul 30, 2026
Sep 27, 20130 then
Employees (5.A)239 as of Jul 30, 2026
Sep 27, 2013117 then
Private funds11 as of Jul 30, 2026
Apr 2, 20184 then
RAUM n/a over the last fiscal year-0.3% a year over three
Practice profile
derived from the filing of Jul 30, 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
$13BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$454MderivedRAUM over accounts (5.F.2.f)
Discretionary
87%derivedof RAUM
Institutional
99%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
47.8derivedItem 5.A over advisors
Advisors per office
0.3derived15 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, pension consulting, selection of other advisers, publications, educational seminars, otherreportedItem 5.G
Custody
$62B, 105 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)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$62B99%
  • Pooled investment vehicles$872M1.4%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
106reported
Charitable clients
0reported
Accounts
138reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$62B for 105 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.0 fund_share=0.01 institutional_share=0.99 related_bd=true related_bank=true bd_reps=18.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Samarth Deepak ZaveriChicago, IlMay 12, 202218 y0
Vita Nancy AmadeoShort Hills, Nj Oct 4, 202435 y2
Jay W HaysCincinnati, Oh Oct 15, 202414 y2
Aaron K KozickNewtown Square, Pa Oct 24, 202420 y2
Richard Sidney SchainkerChicago, Il Oct 31, 202433 y5
Advisor movement
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 40% of current headcount3 left over 36 months
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    6 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    Willis Towers Watson Group Trust - Diversified Equity FundOther Private Fund$3.9B39Apr 2, 2018
    Willis Towers Watson Group Trust - Diversified Credit FundOther Private Fund$3.2B63Apr 2, 2018
    Willis Towers Watson Group Trust - Real Assets FundOther Private Fund$3.2B53Mar 28, 2019
    Willis Towers Watson Group Trust - Global Equity Focus FundOther Private Fund$2.6B4Apr 2, 2018
    Willis Towers Watson Group Trust - Long Credit FundOther Private Fund$1.5B31Apr 2, 2018
    Wtw Liquid Diversifiers Fund, LtdHedge Fund$558M16Mar 29, 2024
    Owners and control persons
    Schedule A and B, latest filing
    • C Adina Davis · Secretarycontrol
      since 04/2020 · owns less than 5%
    • Dragan Lazich · Chief Compliance Officercontrol
      since 01/2023 · owns less than 5%
    • Malarkar Diya Luke · Directorcontrol
      since 07/2023 · owns less than 5%
    • Klotilda Malko · Chief Financial Officer And Treasurercontrol
      since 08/2020 · owns less than 5%
    • James Paul Martin · Director, Chief Operating Officercontrol
      since 07/2024 · owns less than 5%
    • Dale Jonathan Pliner · Directorcontrol
      since 09/2022 · owns less than 5%
    • Nimisha Srivastava · Director, Presidentcontrol
      since 02/2022 · owns less than 5%
    • Christopher Andrew Remijas · Money Laundering Responsible Officer
      since 08/2020 · owns less than 5%
    Entity owners
    • Willis Towers Watson US LLC · Parent Company
      direct · owns 75% or more
    • Ta 1 Limited · Parent Company
      indirect · owns 75% or more of Willis Towers Watson Uk Holdings Limited
    • Towers Watson Delaware Holdings LLC · Parent Company
      indirect · owns 75% or more of Willis Towers Watson US LLC
    • Trinity Acquisition Plc · Parent Company
      indirect · owns 75% or more of Willis Group Limited
    • Willis Group Limited · Parent Company
      indirect · owns 75% or more of Willis North America , Inc
    • Willis Investment U.K. Holdings Limited · Parent Company
      indirect · owns 75% or more of Ta 1 Limited
    • Willis Netherlands Holdings B.V. (Netherlands) · Parent Company
      indirect · owns 75% or more of Willis Investment U.K. Holdings Limited
    • Willis North America , Inc · Parent Company
      indirect · owns 75% or more of Willis US Holding Company, LLC
    • Willis Towers Watson Public Limited Company · Parent Company
      indirect · owns 75% or more of Willis Towers Watson Sub Holdings Unlimited Company (Ireland) · public reporting company
    • Willis Towers Watson Sub Holdings Unlimited Company (Ireland) · Parent Company
      indirect · owns 75% or more of Willis Netherlands Holdings B.V. (Netherlands)
    • Willis Towers Watson Uk Holdings Limited · Parent Company
      indirect · owns 75% or more of Trinity Acquisition Plc
    • Willis US Holding Company, LLC · Parent Company
      indirect · owns 75% or more of Towers Watson Delaware Holdings LLC
    Related persons
    Schedule D 7.A
    Advisers that list Towers Watson Investment Services, Inc. as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Chicago, Il · principal501
    Atlanta, Ga000
    Tampa, Fl001
    Offices
    Schedule D 1.F, the 25 largest
    • New York, NY33 employees
    • Atlanta, GA17 employees
    • Philadelphia, PA14 employees
    • Stamford, CT10 employees
    • New York, NY10 employees
    • Seattle, WA8 employees
    • Pittsburgh, PA7 employees
    • Charlotte, NC3 employees
    • Tampa, FL3 employees
    • Boston, MA2 employees
    • Miami, FL1 employees
    • Fort Lee, NJ1 employees
    • Cincinnati, OH1 employees
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 129 to 138
      Dec 16, 2025 to Mar 31, 2026
    • Advisory employees · 236 to 233
      Dec 16, 2025 to Mar 31, 2026
    • Pension plan clients · 96 to 106
      Dec 16, 2025 to Mar 31, 2026
    • Assets in custody · $52B to $62B
      Dec 16, 2025 to Mar 31, 2026
    • Employees · 242 to 239
      Dec 16, 2025 to Mar 31, 2026
    • State-registered IARs · 9 to 8
      Dec 16, 2025 to Mar 31, 2026
    • Private funds · 9 to 11
      Dec 16, 2025 to Mar 31, 2026
    • Discretionary RAUM · $48B to $54B
      Dec 16, 2025 to Mar 31, 2026
    • Non-discretionary RAUM · $4.5B to $8.2B
      Dec 16, 2025 to Mar 31, 2026
    • Pension RAUM · $52B to $62B
      Dec 16, 2025 to Mar 31, 2026
    • Pooled vehicle RAUM · $24.9M to $872M
      Dec 16, 2025 to Mar 31, 2026
    • RAUM · $52B to $63B
      Dec 16, 2025 to Mar 31, 2026
    • Financial planning clients · unset to
      May 1, 2025 to Jun 30, 2025
    • Private funds · 7 to 9
      May 1, 2025 to Jun 30, 2025
    • Accounts · 123 to 129
      Sep 19, 2024 to May 1, 2025
    • Advisory employees · 201 to 236
      Sep 19, 2024 to May 1, 2025
    • BD registered reps · 15 to 18
      Sep 19, 2024 to May 1, 2025
    • Pension plan clients · 89 to 96
      Sep 19, 2024 to May 1, 2025
    • Pooled vehicle clients · 0 to 1
      Sep 19, 2024 to May 1, 2025
    • Assets in custody · $47B to $52B
      Sep 19, 2024 to May 1, 2025
    • Employees · 208 to 242
      Sep 19, 2024 to May 1, 2025
    • State-registered IARs · 28 to 9
      Sep 19, 2024 to May 1, 2025
    • Private funds · 6 to 7
      Sep 19, 2024 to May 1, 2025
    • Discretionary RAUM · $47B to $48B
      Sep 19, 2024 to May 1, 2025
    • Non-discretionary RAUM · $4.9B to $4.5B
      Sep 19, 2024 to May 1, 2025
    • Pension RAUM · $51B to $52B
      Sep 19, 2024 to May 1, 2025
    • Pooled vehicle RAUM · $0 to $24.9M
      Sep 19, 2024 to May 1, 2025
    • RAUM · $51B to $52B
      Sep 19, 2024 to May 1, 2025
    • Other offices · 13 to 14
      Jul 3, 2024 to Sep 19, 2024
    • Other offices · 12 to 13
      Jun 25, 2024 to Jul 3, 2024
    • Accounts · 87 to 123
      Jul 18, 2023 to Mar 29, 2024
    • Advisory employees · 192 to 201
      Jul 18, 2023 to Mar 29, 2024
    • BD registered reps · 11 to 15
      Jul 18, 2023 to Mar 29, 2024
    • Pension plan clients · 86 to 89
      Jul 18, 2023 to Mar 29, 2024
    • Assets in custody · $42B to $47B
      Jul 18, 2023 to Mar 29, 2024
    • Employees · 198 to 208
      Jul 18, 2023 to Mar 29, 2024
    • HQ city · ARLINGTON to CHICAGO
      Jul 18, 2023 to Mar 29, 2024
    • HQ state · VA to IL
      Jul 18, 2023 to Mar 29, 2024
    • Other offices · 8 to 12
      Jul 18, 2023 to Mar 29, 2024
    • Private funds · 5 to 6
      Jul 18, 2023 to Mar 29, 2024
    Signals
    22 dated events
    • Scott A Schechinger left Towers Watson Investment Services, Inc. for Relation Wealth Management, Inc. (registered 2026-04-24)
      Jun 11, 2026 · Advisor changed firm · fact
    • Mallory Ann Singh left Towers Watson Investment Services, Inc. for Onedigital (registered 2025-10-20)
      Oct 31, 2025 · Advisor changed firm · fact
    • Towers Watson Investment Services, Inc. reported 9 state-registered advisory representatives, down from 28 (2024-09-19 to 2025-05-01)
      May 1, 2025 · Advisor headcount change · derived
    • Kipp Reck left Towers Watson Investment Services, Inc. for Empower Advisory Group, Llc (registered 2026-06-22)
      Oct 8, 2024 · Advisor changed firm · fact
    • James Paul Martin (Director, Chief Operating Officer) appeared on Schedule A of Towers Watson Investment Services, Inc.
      Jul 3, 2024 · Control person joined · fact
    • Douglas Kemp Ross (Director) no longer on Schedule A of Towers Watson Investment Services, Inc. (listed 2024-06-25, absent 2024-07-03)
      Jul 3, 2024 · Control person left · inference
    • 2 advisors left Kestra Advisory Services, LLC (Austin, TX) for Towers Watson Investment Services, Inc. on the same day
      Sep 18, 2023 · Team lift-out · derived
    • Diya Luke (Director) appeared on Schedule A of Towers Watson Investment Services, Inc.
      Jul 18, 2023 · Control person joined · fact
    • Lawson Christopher Ford (Director) no longer on Schedule A of Towers Watson Investment Services, Inc. (listed 2023-05-12, absent 2023-07-18)
      Jul 18, 2023 · Control person left · inference
    • Dragan Lazich (Chief Compliance Officer) appeared on Schedule A of Towers Watson Investment Services, Inc.
      Jan 20, 2023 · Control person joined · fact
    • James Mark Gilbert (Chief Compliance Officer) no longer on Schedule A of Towers Watson Investment Services, Inc. (listed 2022-09-19, absent 2022-12-08)
      Dec 8, 2022 · Control person left · inference
    • Christopher Paul Berriman (Director) no longer on Schedule A of Towers Watson Investment Services, Inc. (listed 2022-08-01, absent 2022-09-19)
      Sep 19, 2022 · Control person left · inference
    • Dale Jonathan Pliner (Director) appeared on Schedule A of Towers Watson Investment Services, Inc.
      Sep 19, 2022 · Control person joined · fact
    • Rekha Misra (Director) no longer on Schedule A of Towers Watson Investment Services, Inc. (listed 2022-04-14, absent 2022-08-01)
      Aug 1, 2022 · Control person left · inference
    • Nimisha Srivastava (Director, President) appeared on Schedule A of Towers Watson Investment Services, Inc.
      Feb 1, 2022 · Control person joined · fact
    • Kloi Malko (Chief Financial Officer And Treasurer) appeared on Schedule A of Towers Watson Investment Services, Inc.
      Aug 19, 2020 · Control person joined · fact
    • Towers Watson Investment Services, Inc. reported RAUM $44.9B, up 28% from $35.2B (2020-01-07 to 2020-03-20)
      Mar 20, 2020 · RAUM change · derived
    • Towers Watson Investment Services, Inc. reported 40 state-registered advisory representatives, down from 51 (2020-01-07 to 2020-03-20)
      Mar 20, 2020 · Advisor headcount change · derived
    • Mark Steven Carlson (Director, Cfo, Treasurer, President) no longer on Schedule A of Towers Watson Investment Services, Inc. (listed 2019-12-05, absent 2019-12-16)
      Dec 16, 2019 · Control person left · inference
    • Christopher Paul Berriman (Director, Chairman) appeared on Schedule A of Towers Watson Investment Services, Inc.
      Dec 16, 2019 · Control person joined · fact
    • Rekha Misra (Managing Director - Operations Management) appeared on Schedule A of Towers Watson Investment Services, Inc.
      Dec 5, 2019 · Control person joined · fact
    • Towers Watson Investment Services, Inc. reported 51 state-registered advisory representatives, up from 23 (2019-01-30 to 2019-03-28)
      Mar 28, 2019 · Advisor headcount 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/wtwcorporatereportedpublic record, Form ADV, Sep 17, 2026
    Website
    thinkingaheadinstitute.orgreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    312-288-7700reportedpublic record, Form ADV, Jul 30, 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
    $13Bderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026