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.

Former SEC-registered adviser

Securities America Advisors, Inc.

Former SEC-registered adviserLa Vista, NebraskaCRD 110518SEC 801-45628IAPD

Latest filing Mar 28, 2024

First filing on the tape Dec 2, 2011 · 117 filings

RAUM

$40B

reported, Item 5.F

Discretionary

87%

of RAUM

Private clients

96%

$39B individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

n/a

derived; firm RAUM over IAPD count

Employees

4,468

2,025 advisory (5.B.1)

Offices

1,477

beyond the principal office

Private funds

reported on Schedule D

History

117 filings and snapshots on the tape

RAUM$40B as of Mar 28, 2024

Mar 30, 2012$8.3B then

HNW client RAUM$15B as of Mar 28, 2024

Mar 29, 2018$8.2B then

State-registered IARs (5.B.3)2,222 as of Mar 28, 2024

Apr 1, 20131,222 then

Employees (5.A)4,468 as of Mar 28, 2024

Apr 1, 20131,606 then

Private funds: no history

RAUM +5.9% over the last fiscal year+0.9% a year over threeIARs 2,544 to 2,222offices 1,469 to 1,477

Practice profile

derived from the filing of Mar 28, 2024; every figure names its basis

RAUM per advisor: $18.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 62derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $1.8MderivedHNW RAUM over HNW clients
Average account: $191,430derivedRAUM over accounts (5.F.2.f)
Discretionary: 87%derivedof RAUM
Institutional: 1.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 2.0derivedItem 5.A over advisors
Advisors per office: 1.5derived1,478 offices incl. principal (1.F.5)
RAUM growth, one year: +5.9%derivedbetween the last two annual amendments
Advisor growth, one year: -13%derivedItem 5.B.3 between annual amendments
Client growth, one year: +7.6%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
Financial planning clients: 2,500reportedItem 5.H
Wrap fee program: participatesreportedItem 5.I
Custody: $32B, 84,465 clientsreportedItem 9.A
Ownership: a PE fund or sponsor is a 25 percent or greater owner 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)
compensates persons for client referrals (8.G.1)
compensates non-employees for client referrals (8.G.2)
has custody of client cash or bank accounts (9.A.1.a)
has custody of client securities (9.A.1.b)
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

Individuals$24B60%
High-net-worth individuals$15B36%
Corporations and businesses$902M2.2%
Pension and profit-sharing plans$502M1.2%
Charitable organizations$26.1M0.1%

Individual clients: 129,802reported
HNW clients: 8,086reported
Pension plan clients: 2,798reported
Charitable clients: 91reported
Accounts: 211,150reported
Financial planning clients: 2,500reported
Wrap fee programs: $0 sponsored, $29B managedreported
Custody of client assets: $32B for 84,465 clientsreported
Compensation: % of AUM, fixed, hourlyreported
Class basis: absent from the latest SEC rosterderived

Advisors registered through the firm

0 on IAPD today, longest tenure first

No representative is registered through this CRD on IAPD.

Advisor movement

1 left, 0 joined in 12 months

net -1 in 12 months0 left in 90 days0 joined in 90 days218 left over 36 months

Left, latest

Erik Robert Dodds to J. W. Cole Advisors, Inc.
Oct 14, 2025 · Other
Brian Neil Otterstrom to LPL Financial LLC
Jan 24, 2025 · Affiliated broker-dealer or bank to another
Elaine Madison Hager to Onedigital
Jun 14, 2024 · Other
Kenneth Charles Krichbaum to Onedigital
Jun 14, 2024 · Other
Jimmie Alexander to Alexander, Jimmie
Jun 14, 2024 · Other
Mark David Heisey to Cedar Brook Group
Jun 14, 2024 · Other
Mark J Tichar to Cedar Brook Group
Jun 14, 2024 · Other
Charles D Burkes to Dbm Advisors, LLC
Jun 14, 2024 · Affiliated broker-dealer or bank to a state-registered adviser
Anthony R. Podojil to Cedar Brook Group
Jun 14, 2024 · Other
Franklin Shearwood Brizendine, III to Onedigital
Jun 14, 2024 · Other
Nicholas A Duthie to Dbm Advisors, LLC
Jun 14, 2024 · Affiliated broker-dealer or bank to a state-registered adviser
Bradley Jay Schlang to Cedar Brook Group
Jun 14, 2024 · Other
Michael Douglas Rees to The Sherwin Group
Jun 14, 2024 · Affiliated broker-dealer or bank to a state-registered adviser
Theodore Stewart Lorenzen to Cedar Brook Group
Jun 14, 2024 · Other
Gregg Randall Fortune to Cedar Brook Group
Jun 14, 2024 · Other

Joined, latest

David Chou from Essence Financial LLC
May 28, 2024 · Other
Andrew R Miller from Equitable Advisors, LLC
May 24, 2024 · Affiliated broker-dealer or bank to another
Betsy Lou Whipple from Nfsg Corporation
May 20, 2024 · Affiliated broker-dealer or bank to another
Christopher Anthony Faulk from Zephyr Wealth Management
Apr 18, 2024 · RIA to affiliated broker-dealer or bank
Carl A Castanho from Esi Financial Advisors
Apr 17, 2024 · RIA to affiliated broker-dealer or bank
Jameson Richard Barrett from Ameriprise Financial Services, LLC
Apr 4, 2024 · Affiliated broker-dealer or bank to another
Andre Carter from Ameriprise Financial Services, LLC
Mar 25, 2024 · Affiliated broker-dealer or bank to another
Azure Lynn Bradger from Fidelity Personal And Workplace Advisors
Mar 14, 2024 · Affiliated broker-dealer or bank to another
Jason Gerald Swartley from MML Investors Services, LLC
Mar 13, 2024 · Affiliated broker-dealer or bank to another
Leslie Ann Ranger from Edward Jones
Feb 23, 2024 · Affiliated broker-dealer or bank to another
Maya Aly from Citigroup Global Markets Inc.
Jan 19, 2024 · Affiliated broker-dealer or bank to another
Keith Morris from Charles Schwab & Co., Inc.
Jan 9, 2024 · Affiliated broker-dealer or bank to another
Elizabeth Anne Wieseler from Ameriprise Financial Services, LLC
Jan 3, 2024 · Affiliated broker-dealer or bank to another
Barry Daniel Minsker from LPL Financial LLC
Dec 18, 2023 · Affiliated broker-dealer or bank to another
Brian James Connelly from Focus Financial
Dec 15, 2023 · RIA to affiliated broker-dealer or bank

Every departure Every arrival

Teams: two or more advisors moving together within fourteen days, from one state

3 left for Onedigital
Jun 14, 2024 · Apex, Nc
3 left for Onedigital
Jun 14, 2024 · Reno, Nv
2 left for Upstate Advisors Group
Jun 14, 2024 · North Syracuse, Ny
2 left for Cedar Brook Group
Jun 14, 2024 · West Bllomfield, Mi
6 left for Cedar Brook Group
Jun 14, 2024 · Mayfield Hts, Oh
2 left for Dbm Advisors, LLC
Jun 14, 2024 · Oklahoma City, Ok
2 left for LPL Financial LLC
Jun 10, 2024 · Waterbury, Ct
2 left for Bfc Planning, Inc.
Jun 3, 2024 · North Mankato, Mn

2 joined from Fortune 360 Group LLC
Feb 24, 2023 · Plantation, Fl
4 joined from The Patriot Financial Group, LLC
Jan 27, 2023 · Walpole, Ma
2 joined from Next Financial Group, Inc.
Aug 19, 2022 · Depew, Ny
2 joined from Osaic Fa, Inc.
Mar 8, 2022 · Boston, Ma
3 joined from Mutual Of Omaha Investor Services, Inc.
Feb 4, 2022 · Lakewood, Co
2 joined from Park Avenue Securities LLC
Aug 3, 2021 · Boca Raton, Fl
2 joined from Osaic Fa, Inc.
May 5, 2021 · Omaha, Ne
2 joined from Mutual Of Omaha Investor Services, Inc.
Mar 1, 2021 · Oconomowoc, Wi

Teams out Teams in

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

June Erinn Ford · Interim Chief Executive Officer, Presidentcontrol
since 01/2024 · owns less than 5%
Jesse Kirk Hulett · Executive Vp, Strategy And Practice Management /Directorcontrol
since 01/2012 · owns less than 5%
Yakovlevna Iryna Northrip · Svp, Chief Compliance Officercontrol
since 08/2023 · owns less than 5%
Dale James Price · Chairmancontrol
since 05/2020 · owns less than 5%
Adam Matthew Schlueter · Executive Vice President/Directorcontrol
since 05/2020 · owns less than 5%
Ralph Milton Berlinski · Trusteecontrol
since 06/2006 · owns F of The Berlinski Family 2006 Trust
Ralph Milton Berlinski · General Partnercontrol
since 08/2014 · owns F of Rcp Genpar, LP
Ralph Milton Berlinski · Investment Membercontrol
since 08/2014 · owns F of Mrb Icb LLC
Ralph Milton Berlinski · Membercontrol
since 08/2014 · owns 25% to 50% of Rcp Genpar Holdco, LLC
LP Rcp Opp Fund II Gp · Limited Partnercontrol
since 01/2018 · owns 75% or more of Rcp Artemis Co-Invest Gp, LLC
Martin David Schmidt · Treasurer
since 03/2021 · owns less than 5%

Entity owners

Securities America Financial Corp. · Direct Owner
direct · owns 75% or more
Ag Artemis Holdings Gp, LLC · General Partner
indirect · owns F of Ag Artemis Holdings, L.P.
Ag Artemis Holdings, L.P. · Shareholder
indirect · owns 75% or more of Ag Intermediate Corporation
Ag Intermediate Corporation · Shareholder
indirect · owns 75% or more of Osaic Financial Services, Inc.
Ag Parent Corporation · Shareholder
indirect · owns 75% or more of Rcp Artemis Co-Invest Gp, LLC
Mrb Icb LLC · Member
indirect · owns 25% to 50% of Rcp Genpar Holdco, LLC
Osaic Financial Services, Inc. · Shareholder
indirect · owns 75% or more of Ag Parent Corporation
Osaic Holdings,Inc · Shareholder
indirect · owns 75% or more of Securities America Financial Corp.
Rcp Artemis Co-Invest Gp, LLC · Genersl Partner
indirect · owns F of Rcp Artemis Co-Invest L.P.
Rcp Artemis Co-Invest L.P. · Limited Partner
indirect · owns 50% to 75% of Ag Artemis Holdings, L.P.
Rcp Artemis Co-Invest LP · Limited Partner
indirect · owns 75% or more of Ag Artemis Holdings, L.P.
Rcp Genpar Holdco, LLC · Limited Partner
indirect · owns 75% or more of Rcp Genpar, LP
Rcp Genpar, LP · Limited Partner
indirect · owns 75% or more of Rcp Opp Fund II Gp, LP
The Berlinski Family 2006 Trust · Mermber
indirect · owns 75% or more of Mrb Icb LLC

Related persons

Schedule D 7.A

American Portfolios Advisors, Inc
investment advisernRAUM $13B
American Portfolios Financial Services, Inc.
broker-dealern
Arbor Point Advisors
investment advisernRAUM $6.9B
Black Diamond Financial, LLC
investment advisernRAUM $441M
Highland Capital Brokerage
real estaten
Ladenburg Thalmann & Co. Inc.
broker-dealern
Ladenburg Thalmann Asset Management Inc
investment advisernRAUM $6.7B
Osaic Advisory Services, LLC
investment advisernRAUM $15B
Osaic Institutions, Inc.
broker-dealerinvestment adviserreal estatenRAUM $6.5B
Sagepoint Financial, Inc.
broker-dealernRAUM $16B
Osaic Wealth, Inc.
broker-dealerinvestment adviserreal estatenRAUM $235B
Premier Trust, Inc.
n
Securities America, Inc.
broker-dealerreal estaten
Triad Advisors, LLC
broker-dealerinvestment adviserreal estatenRAUM $1.1B
Vision2020 Wealth Management Corp.
investment advisern

Advisers that list Securities America Advisors, Inc. as a related person

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined	Left	Teams out	Forming
Addison, Tx	0	0	0
Allen Park, Mi	0	0	0
Amherst, Ny	0	0	0
Ankeny, Ia	0	0	0
Apex, Nc	0	0	0
Apple Valley, Ca	0	0	0
Atglen, Pa	0	0	0
Batavia, Oh	0	0	0
Bellingham, Wa	0	0	0
Birmingham, Al	0	0	0
Bismarck, Nd	0	0	0
Boca Raton, Fl	0	0	0
Brentwood, Tn	0	0	0
Brighton, Co	0	0	0
Brookfield, Ct	0	0	0
Brookfield, Wi	0	0	0
Cameron Park, Ca	0	0	0
Cary, Nc	0	0	0
Charlotte, Nc	0	0	0
Chesterton, In	0	0	0

All 60 offices

Post-acquisition retention

advisors of absorbed firms still registered here after the move

Firms absorbed: 3 since 2015, 0 in 24 monthsderived
Advisors acquired: 27derived
Still registered after 90 days: 93% of 27derived
After 180 days: 93% of 27derived
After 365 days: 85% of 27derived
After 730 days: 85% of 27derived
Team lift-outs after: 29derivedteams that left this firm within two years of an absorption

Lower bound: a person who left the industry is on neither side of the tape, and a re-registration to an affiliated CRD of the same group counts as a departure.

Offices

Schedule D 1.F, the 25 largest

Amherst, NY35 employees
Ft. Lauderdale, FL31 employees
St Louis Park, MN21 employees
Dallas, TX19 employees
Olathe, KS17 employees
Cincinnati, OH16 employees
Garden City, NY16 employees
Greensboro, NC13 employees
Amarillo, TX12 employees
Omaha, NE11 employees
Kimberly, WI8 employees
Bismarck, ND7 employees
Gap, PA7 employees
Louisville, KY7 employees
New Brighton, MN6 employees
Bryan, TX6 employees
Sacramento, CA6 employees
Fargo, ND6 employees
Victor, NY6 employees
Henrico, VA6 employees
Hannibal, MO6 employees
Port Jefferson Station, NY6 employees
Chesterfield, MO6 employees
Victor, NY6 employees
Goshen, NY5 employees

What changed

consecutive filings, newest first

Accounts · 200,228 to 211,150
Mar 18, 2024 to Mar 28, 2024
Advisory employees · 2,119 to 2,025
Mar 18, 2024 to Mar 28, 2024
BD registered reps · 2,565 to 2,639
Mar 18, 2024 to Mar 28, 2024
Charity clients · 5 to 91
Mar 18, 2024 to Mar 28, 2024
Corporate clients · 821 to 765
Mar 18, 2024 to Mar 28, 2024
HNW clients · 6,642 to 8,086
Mar 18, 2024 to Mar 28, 2024
Individual clients · 121,456 to 129,802
Mar 18, 2024 to Mar 28, 2024
Pension plan clients · 688 to 2,798
Mar 18, 2024 to Mar 28, 2024
Pooled vehicle clients · unset to 0.0
Mar 18, 2024 to Mar 28, 2024
Assets in custody · $29B to $32B
Mar 18, 2024 to Mar 28, 2024
Employees · 3,748 to 4,468
Mar 18, 2024 to Mar 28, 2024
Insurance-licensed employees · 97 to 100
Mar 18, 2024 to Mar 28, 2024
State-registered IARs · 2,544 to 2,222
Mar 18, 2024 to Mar 28, 2024
Other offices · 1,469 to 1,477
Mar 18, 2024 to Mar 28, 2024
Discretionary RAUM · $28B to $35B
Mar 18, 2024 to Mar 28, 2024
HNW RAUM · $12B to $15B
Mar 18, 2024 to Mar 28, 2024
Individual RAUM · $24B to $24B
Mar 18, 2024 to Mar 28, 2024
Non-discretionary RAUM · $10B to $5.3B
Mar 18, 2024 to Mar 28, 2024
Pension RAUM · $555M to $502M
Mar 18, 2024 to Mar 28, 2024
Pooled vehicle RAUM · unset to 0.0
Mar 18, 2024 to Mar 28, 2024
RAUM · $38B to $40B
Mar 18, 2024 to Mar 28, 2024
Wrap assets (manager) · $9.2B to $29B
Mar 18, 2024 to Mar 28, 2024
Accounts · 211,800 to 200,228
Mar 28, 2023 to Mar 31, 2023
Advisory employees · 2,364 to 2,119
Mar 28, 2023 to Mar 31, 2023
BD registered reps · 2,716 to 2,565
Mar 28, 2023 to Mar 31, 2023
Charity clients · 68 to 5
Mar 28, 2023 to Mar 31, 2023
Corporate clients · 797 to 821
Mar 28, 2023 to Mar 31, 2023
HNW clients · 8,958 to 6,642
Mar 28, 2023 to Mar 31, 2023
Individual clients · 120,368 to 121,456
Mar 28, 2023 to Mar 31, 2023
Pension plan clients · 787 to 688
Mar 28, 2023 to Mar 31, 2023
Assets in custody · $35B to $29B
Mar 28, 2023 to Mar 31, 2023
Employees · 4,143 to 3,748
Mar 28, 2023 to Mar 31, 2023
Insurance-licensed employees · 76 to 97
Mar 28, 2023 to Mar 31, 2023
Other offices · 1,431 to 1,469
Mar 28, 2023 to Mar 31, 2023
Discretionary RAUM · $38B to $28B
Mar 28, 2023 to Mar 31, 2023
HNW RAUM · $17B to $12B
Mar 28, 2023 to Mar 31, 2023
Individual RAUM · $27B to $24B
Mar 28, 2023 to Mar 31, 2023
Non-discretionary RAUM · $7.4B to $10B
Mar 28, 2023 to Mar 31, 2023
Pension RAUM · $645M to $555M
Mar 28, 2023 to Mar 31, 2023
RAUM · $45B to $38B
Mar 28, 2023 to Mar 31, 2023

Signals

60 dated events

Erik Robert Dodds left Securities America Advisors, Inc. for J. W. Cole Advisors, Inc. (registered 2016-02-02)
Oct 14, 2025 · Advisor changed firm · fact
Brian Neil Otterstrom left Securities America Advisors, Inc. for Lpl Financial Llc (registered 2024-01-09)
Jan 24, 2025 · Advisor changed firm · fact
Franklin Shearwood Brizendine, Iii left Securities America Advisors, Inc. for Onedigital (registered 2025-04-07)
Jun 14, 2024 · Advisor changed firm · fact
James Lester Hager left Securities America Advisors, Inc. for Onedigital (registered 2025-04-09)
Jun 14, 2024 · Advisor changed firm · fact
Elaine Madison Hager left Securities America Advisors, Inc. for Onedigital (registered 2025-07-10)
Jun 14, 2024 · Advisor changed firm · fact
Theodore Stewart Lorenzen left Securities America Advisors, Inc. for Cedar Brook Group (registered 2018-03-01)
Jun 14, 2024 · Advisor changed firm · fact
Gregory Wynn Jacobs left Securities America Advisors, Inc. for Onedigital (registered 2026-04-02)
Jun 14, 2024 · Advisor changed firm · fact
Mark David Heisey left Securities America Advisors, Inc. for Cedar Brook Group (registered 2018-03-01)
Jun 14, 2024 · Advisor changed firm · fact
Mark J Tichar left Securities America Advisors, Inc. for Cedar Brook Group (registered 2018-03-01)
Jun 14, 2024 · Advisor changed firm · fact
Edward James Hendricks left Securities America Advisors, Inc. for Onedigital (registered 2026-04-02)
Jun 14, 2024 · Advisor changed firm · fact
Lee Bryan Friedman left Securities America Advisors, Inc. for Cedar Brook Group (registered 2019-02-26)
Jun 14, 2024 · Advisor changed firm · fact
Kenneth Charles Krichbaum left Securities America Advisors, Inc. for Onedigital (registered 2026-04-02)
Jun 14, 2024 · Advisor changed firm · fact
Gregg Randall Fortune left Securities America Advisors, Inc. for Cedar Brook Group (registered 2018-03-05)
Jun 14, 2024 · Advisor changed firm · fact
Nicholas A Duthie left Securities America Advisors, Inc. for Dbm Advisors, Llc (registered 2018-06-08)
Jun 14, 2024 · Advisor changed firm · fact
Giovanni Bonaventura Vitale left Securities America Advisors, Inc. for Upstate Advisors Group (registered 2021-08-16)
Jun 14, 2024 · Advisor changed firm · fact
Michael Douglas Rees left Securities America Advisors, Inc. for The Sherwin Group (registered 2018-03-09)
Jun 14, 2024 · Advisor changed firm · fact
David Alan Leavitt left Securities America Advisors, Inc. for Cedar Brook Group (registered 2019-02-26)
Jun 14, 2024 · Advisor changed firm · fact
Keith Gregg Ellen left Securities America Advisors, Inc. for American Financial Network Advisory Services, Llc (registered 2013-11-27)
Jun 14, 2024 · Advisor changed firm · fact
Bradley Jay Schlang left Securities America Advisors, Inc. for Cedar Brook Group (registered 2018-03-09)
Jun 14, 2024 · Advisor changed firm · fact
David Vinciguerra left Securities America Advisors, Inc. for Upstate Advisors Group (registered 2021-07-27)
Jun 14, 2024 · Advisor changed firm · fact
Robert Harry Dyer left Securities America Advisors, Inc. for Compass Financial Group (registered 2022-03-17)
Jun 14, 2024 · Advisor changed firm · fact
Charles D Burkes left Securities America Advisors, Inc. for Dbm Advisors, Llc (registered 2018-06-11)
Jun 14, 2024 · Advisor changed firm · fact
Anthony R. Podojil left Securities America Advisors, Inc. for Cedar Brook Group (registered 2018-03-02)
Jun 14, 2024 · Advisor changed firm · fact
Donald Richard Mathias left Securities America Advisors, Inc. for Real Wealth Advisors Llc (registered 2023-03-14)
Jun 14, 2024 · Advisor changed firm · fact
Jimmie Alexander left Securities America Advisors, Inc. for Alexander, Jimmie (registered 2017-03-27)
Jun 14, 2024 · Advisor changed firm · fact
2 advisors left Securities America Advisors, Inc. (Oklahoma City, OK) for Dbm Advisors, LLC on the same day
Jun 14, 2024 · Team lift-out · derived
6 advisors left Securities America Advisors, Inc. (Mayfield Hts, OH) for Cedar Brook Group on the same day
Jun 14, 2024 · Team lift-out · derived
2 advisors left Securities America Advisors, Inc. (North Syracuse, NY) for Upstate Advisors Group on the same day
Jun 14, 2024 · Team lift-out · derived
2 advisors left Securities America Advisors, Inc. (West Bllomfield, MI) for Cedar Brook Group on the same day
Jun 14, 2024 · Team lift-out · derived
3 advisors left Securities America Advisors, Inc. (Apex, NC) for Onedigital on the same day
Jun 14, 2024 · Team lift-out · derived

Across DFX

shared identifiers only, never a name match

No identifier-backed link to the venture, private equity, family office or sponsor graphs.

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: Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor: n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026