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
Financial Council, LLC
Latest filing May 13, 2026
First filing on the tape Feb 9, 2012 · 21 filings
SEC status approved since Feb 26, 1996
RAUM
$1.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$1.3B individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$212M
derived; firm RAUM over IAPD count
Employees
21
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$1.3B as of May 13, 2026
Feb 9, 2012$234M then
HNW client RAUM$1.1B as of May 13, 2026
May 1, 2018$241M then
State-registered IARs (5.B.3)7 as of May 13, 2026
Feb 4, 20133 then
Employees (5.A)21 as of May 13, 2026
Feb 4, 20133 then
Private funds: no history
RAUM +16% over the last fiscal year+16% a year over threeIARs 7 to 7
Practice profile
derived from the filing of May 13, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- 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
- $212MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 108derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.3MderivedHNW RAUM over HNW clients
- Average account
- $811,981derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.5derivedItem 5.A over advisors
- Advisors per office
- 6.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +16%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +1.4%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Custody
- $384M, 215 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
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.1B88%
- Individuals$151M12%
- Charitable organizations$2.2M0.2%
- Individual clients
- 305reported
- HNW clients
- 343reported
- Pension plan clients
- n/areported
- Charitable clients
- 1reported
- Accounts
- 1,565reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $384M for 215 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=10.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| John Dale HausermanCertified Financial Planner | Towson, Md | Apr 16, 2009 | 32 y | 3 |
| Dale Thomas Woodring | Columbia, Md | Apr 16, 2009 | 31 y | 3 |
| David Raymond TravisCertified Financial Planner | Towson, Md | Apr 16, 2009 | 23 y | 3 |
| Jeffrey Robert ReynoldsCertified Financial Planner | Towson, Md | Jul 16, 2013 | 14 y | 1 |
| Richard J. TomaschefskyCertified Financial Planner | Towson, Md | May 24, 2019 | 14 y | 0 |
| Lydia Thompson DurskiCertified Financial Planner | Westminster, Md | Jun 27, 2025 | 10 y | 0 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 17% of current headcount1 left over 36 months
Left, latest
- John Gillick to Adenry Wealth LLCNov 19, 2025 · RIA to a state-registered adviser
- John Dale Hauserman to Fsc Securities CorporationDec 31, 2020 · Other
- Peter David Dixon to Fsc Securities CorporationJan 12, 2016 · Other
Joined, latest
- John Gillick from Commonwealth Financial NetworkAug 2, 2023 · Affiliated broker-dealer or bank to independent RIA
- John Dale Hauserman from Advantage Capital CorporationAug 27, 2008 · Other
- Peter David Dixon from Advantage Capital CorporationAug 20, 2008 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Michael William Leeb · President, Chief Executive Officer, Chief Investment Officer, Chief Compliance Officercontrolsince 07/1995 · owns 75% or more
- Robert Jeffrey Reynolds · Chief Advisory Officercontrolsince 01/2024 · owns 5% to 10%
- Raymond David Travis · Chief Financial Officercontrolsince 01/2024 · owns 5% to 10%
- Louise Jodi Greenlund · Chief Operating Officersince 07/2022 · owns 5% to 10%
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Towson, Md · principal | 6 | 1 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Assets in custody · $215 to $384MMar 27, 2026 to May 13, 2026
- Accounts · 1,502 to 1,565Sep 5, 2025 to Mar 27, 2026
- HNW clients · 304 to 343Sep 5, 2025 to Mar 27, 2026
- Individual clients · 335 to 305Sep 5, 2025 to Mar 27, 2026
- Assets in custody · $112M to $215Sep 5, 2025 to Mar 27, 2026
- Discretionary RAUM · $1.1B to $1.3BSep 5, 2025 to Mar 27, 2026
- HNW RAUM · $934M to $1.1BSep 5, 2025 to Mar 27, 2026
- Individual RAUM · $164M to $151MSep 5, 2025 to Mar 27, 2026
- RAUM · $1.1B to $1.3BSep 5, 2025 to Mar 27, 2026
- Accounts · 1,456 to 1,502Jul 29, 2024 to Mar 28, 2025
- Advisory employees · 7 to 10Jul 29, 2024 to Mar 28, 2025
- BD registered reps · 8 to 10Jul 29, 2024 to Mar 28, 2025
- Charity clients · unset to 1.0Jul 29, 2024 to Mar 28, 2025
- HNW clients · 745 to 304Jul 29, 2024 to Mar 28, 2025
- Individual clients · 711 to 335Jul 29, 2024 to Mar 28, 2025
- Assets in custody · $200M to $112MJul 29, 2024 to Mar 28, 2025
- Employees · 15 to 21Jul 29, 2024 to Mar 28, 2025
- Insurance-licensed employees · 0 to 8Jul 29, 2024 to Mar 28, 2025
- Financial planning clients · unset to Jul 29, 2024 to Mar 28, 2025
- State-registered IARs · 6 to 7Jul 29, 2024 to Mar 28, 2025
- Discretionary RAUM · $959M to $1.1BJul 29, 2024 to Mar 28, 2025
- HNW RAUM · $788M to $934MJul 29, 2024 to Mar 28, 2025
- Individual RAUM · $172M to $164MJul 29, 2024 to Mar 28, 2025
- RAUM · $959M to $1.1BJul 29, 2024 to Mar 28, 2025
- Succession · true to falseJul 29, 2024 to Mar 28, 2025
- Business name · FINANCIAL COUNCIL ASSET MANAGEMENT INC to FINANCIAL COUNCIL, LLCMar 28, 2024 to Jul 29, 2024
- Legal name · FINANCIAL COUNCIL ASSET MANAGEMENT INC to FINANCIAL COUNCIL, LLCMar 28, 2024 to Jul 29, 2024
- Succession · false to trueMar 28, 2024 to Jul 29, 2024
- Accounts · 1,394 to 1,456Mar 30, 2023 to Mar 28, 2024
- Advisory employees · 3 to 7Mar 30, 2023 to Mar 28, 2024
- BD registered reps · 2 to 8Mar 30, 2023 to Mar 28, 2024
- HNW clients · 754 to 745Mar 30, 2023 to Mar 28, 2024
- Individual clients · 640 to 711Mar 30, 2023 to Mar 28, 2024
- Assets in custody · unset to 199976000.0Mar 30, 2023 to Mar 28, 2024
- Custody of client assets · false to trueMar 30, 2023 to Mar 28, 2024
- Employees · 3 to 15Mar 30, 2023 to Mar 28, 2024
- State-registered IARs · 2 to 6Mar 30, 2023 to Mar 28, 2024
- Organization form · Corporation to Limited Liability CompanyMar 30, 2023 to Mar 28, 2024
- Discretionary RAUM · $809M to $959MMar 30, 2023 to Mar 28, 2024
- HNW RAUM · $703M to $788MMar 30, 2023 to Mar 28, 2024
Signals
6 dated events
- John Gillick left Financial Council, Llc for Adenry Wealth Llc (registered 2026-03-25)Nov 19, 2025 · Advisor changed firm · fact
- Financial Council, Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)Jul 29, 2024 · Succession (Item 4) · fact
- Kimberley Mark Traub (V.P./C.O.O./Chief Compliance Officer) no longer on Schedule A of Financial Council, Llc (listed 2023-03-30, absent 2024-03-28)Mar 28, 2024 · Control person left · inference
- Raymond David Travis (Co-Cfo) appeared on Schedule A of Financial Council, LlcMar 28, 2024 · Control person joined · fact
- Robert Jeffrey Reynolds (Co-Cfo) appeared on Schedule A of Financial Council, LlcMar 28, 2024 · Control person joined · fact
- Financial Council, Llc reported RAUM $635.2M, up 29% from $494.0M (2019-03-05 to 2020-03-23)Mar 23, 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
- Business email
- info@financialcouncil.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- billl@financialcouncil.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- chloes@financialcouncil.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- colleenp@financialcouncil.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- dann@financialcouncil.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- emilyl@financialcouncil.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- hannahh@financialcouncil.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- jessicaa@financialcouncil.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- jodig@financialcouncil.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- johnp@financialcouncil.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- kristinh@financialcouncil.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- lisab@financialcouncil.comreportedpublished by the firm, firm site, Sep 16, 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
- $212Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026