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
Hilltop Securities Asset Management, LLC
Latest filing Mar 26, 2026
First filing on the tape Mar 30, 2012 · 58 filings
SEC status approved since Dec 17, 1991
RAUM
$38B
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
25
registered through the firm on IAPD
RAUM per advisor
$1.5B
derived; firm RAUM over IAPD count
Employees
31
13 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
58 filings and snapshots on the tape
RAUM$38B as of Mar 26, 2026
Mar 30, 2012$6.5B then
HNW client RAUM: no history
State-registered IARs (5.B.3)13 as of Mar 26, 2026
Mar 30, 20120 then
Employees (5.A)31 as of Mar 26, 2026
Apr 30, 201334 then
Private funds: no history
RAUM +19% over the last fiscal year+21% a year over threeIARs 13 to 13
Practice profile
derived from the filing of Mar 26, 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
- RAUM per advisor
- $1.5BderivedRAUM 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
- $628MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 0.0%derivedof RAUM
- Institutional
- 100%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.2derivedItem 5.A over advisors
- Advisors per office
- 6.3derived4 offices incl. principal (1.F.5)
- RAUM growth, one year
- +19%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 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, educational seminars, otherreportedItem 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)
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- State and municipal entities$38B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 60reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.0 fund_share=0.0 institutional_share=1.0 related_bd=true related_bank=true bd_reps=13.0derived
Advisors registered through the firm
25 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Scott Damian McintyreChartered Financial Analyst | Austin, Tx | Mar 29, 1999 | 32 y | 0 |
| Thomas Gregory Warner | Austin, Tx | Aug 2, 1999 | 27 y | 0 |
| Donald Francis Foley | Dallas, Tx | May 1, 2006 | 22 y | 2 |
| Blake Barnes Morris | Dallas, Tx | Apr 7, 2008 | 23 y | 2 |
| Daniel Wesley Grant | Dallas, Tx | Jun 12, 2013 | 37 y | 0 |
| Andrea Lee Cash | Dallas, Tx | Dec 9, 2016 | 11 y | 0 |
| Scott Andrew Coya | Dallas, Tx | Jan 12, 2022 | 16 y | 1 |
| Victoria Leigh Capella | Dallas, Tx | Aug 3, 2022 | 13 y | 1 |
| Mary Ann Dunda | Dallas, Tx | Jan 4, 2023 | 22 y | 0 |
| Matthew Rene Gomez | Austin, Tx | Mar 31, 2023 | 12 y | 0 |
| Alexis Correa | Dallas, Tx | Apr 6, 2023 | 12 y | 0 |
| Evelyn Marie BurgettCertified Financial Planner | Dallas, Tx | May 15, 2023 | 29 y | 0 |
| James Herbert Towne | Solana Beach, Ca | Aug 21, 2023 | 11 y | 0 |
| Lance Tomas Flores | Dallas, Tx | Jan 31, 2024 | 10 y | 2 |
| Mica Lynn Owens-Weary | Dallas, Tx | May 15, 2024 | 27 y | 0 |
| Thomas Du | Dallas, Tx | May 22, 2024 | 10 y | 1 |
| Jonathan Sobel | Dallas, Tx | Aug 7, 2024 | 10 y | 0 |
| Matthew Alan HarrisChartered Financial Analyst | Dallas, Tx | Feb 12, 2025 | 19 y | 0 |
| Trevor Lane Hilz | Dallas, Tx | Mar 26, 2025 | 12 y | 2 |
| Carol Elaine Cheeks | Haymarket, Va | May 12, 2025 | 29 y | 2 |
| Jennifer Onstad | Dallas, Tx | Nov 20, 2025 | 20 y | 0 |
| Matthew Joseph Callewaert | Dallas, Tx | Mar 31, 2026 | 12 y | 0 |
| Dominic Mark Alto | Dallas, Tx | May 14, 2026 | 21 y | 6 |
| John Edward Simone | Dallas, Tx | Aug 3, 2026 | 12 y | 1 |
| Vincent Humphrey | Dallas, Tx | Aug 19, 2026 | 25 y | 1 |
Advisor movement
1 left, 3 joined in 12 months
net +2 in 12 months0 left in 90 days2 joined in 90 daysdeparture rate 4.0% of current headcount2 left over 36 months
Left, latest
- David Shechtman to Meeder Public Funds, Inc.Jan 26, 2026 · Other
- Phillip Jones to Meeder Public Funds, Inc.May 15, 2025 · Other
- Michael Anthony Cogliano to MML Investors Services, LLCApr 26, 2022 · Other
- Traci Kurtz to Cetera Advisor Networks LLCFeb 18, 2022 · Other
- Alexander Felix Arellano to Sagepoint Financial, Inc.Apr 25, 2011 · Other
- Kimberly Ellen Arthur to Raymond James Financial Services Advisors, IncJul 8, 2010 · Other
- Alphonsus Richard Panzera to Sanders Morris LLCMay 19, 2009 · Other
- Stephen Garrett Smith to 1st Global Advisors IncAug 8, 2007 · Other
- Robert Dean Pfeifer to Commerce Street Investment ManagementSep 22, 2006 · Other
Joined, latest
- Vincent Humphrey from Merrill Lynch, Pierce, Fenner & Smith IncorporatedAug 19, 2026 · Other
- John Edward Simone from Equitable Advisors, LLCAug 3, 2026 · Other
- Dominic Mark Alto from Thornburg Investment Management IncMay 14, 2026 · Other
- Carol Elaine Cheeks from 1st Global Advisors IncMay 12, 2025 · Other
- Trevor Lane Hilz from Texas Capital Bank Private Wealth AdvisorsMar 26, 2025 · Other
- Lance Tomas Flores from Merrill Lynch, Pierce, Fenner & Smith IncorporatedJan 31, 2024 · Other
- Traci Kurtz from Momentum Independent Network Inc.Apr 12, 2019 · Other
- Kimberly Ellen Arthur from Morgan Stanley & Co. LLCDec 15, 2008 · Other
- Blake Barnes Morris from Goldman Sachs Wealth Services, L.P.Apr 7, 2008 · Other
- Stephen Garrett Smith from 1st Global Advisors IncJul 18, 2007 · Other
- Donald Francis Foley from J. B. Hanauer & Co.Mar 16, 2006 · Other
- Alexander Felix Arellano from Legg Mason Wood Walker, IncorporatedJan 23, 2006 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Andrew Scott Coya · Chief Compliance Officercontrolsince 01/2022 · owns less than 5%
- Mary Ann Dunda · President And Board Membercontrolsince 10/2024 · owns less than 5%
- Michael Joseph Edge · Chief Financial Officercontrolsince 02/2016 · owns less than 5%
- Bradley Martin Winges · Chairman Of The Boardcontrolsince 03/2021 · owns less than 5%
- King David Medanich · Board Managersince 05/2007 · owns less than 5%
- Lane Brian Wittneben · Secretary/General Counselsince 09/2009 · owns less than 5%
Entity owners
- First Southwest Holding, L.L.C. · Parent Companydirect · owns 75% or more
- Hilltop Holdings Inc. · Parentindirect · owns 75% or more of Hilltop Securities Holdings, LLC · public reporting company
- Hilltop Securities Holding, LLC · Parentindirect · owns 75% or more of First Southwest Holdings, LLC
Related persons
Schedule D 7.A
- Hilltop Holdings Inc.y
- Hilltop Securities Inc.broker-dealerinvestment adviserbanknRAUM $2.5B
- Hilltop Securities Insurance Agency Inc.real estaten
- Momentum Independent Network Inc.broker-dealerinvestment advisernRAUM $1.6B
- Southwest Financial Insurance Agency, Inc.real estaten
Advisers that list Hilltop Securities Asset Management, LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Dallas, Tx · principal | 22 | 5 | 1 | ||
| Austin, Tx | 4 | 0 | 0 | ||
| Palm Coast, Fl | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Austin, TX5 employees
- Solana Beach, CA1 employees
- , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- low discretionary shareStatic outlier · filing Mar 26, 2026discretionary share of RAUM of 0% against a peer median of 99% (90 comparable advisers, 0.0th percentile, 33.3 robust deviations)peers: institutional managers, $20B and over (90) · 0.0% percentile
What changed
consecutive filings, newest first
- Accounts · 54 to 60Mar 24, 2025 to Mar 26, 2026
- Non-discretionary RAUM · $32B to $38BMar 24, 2025 to Mar 26, 2026
- RAUM · $32B to $38BMar 24, 2025 to Mar 26, 2026
- Accounts · 51 to 54Oct 23, 2024 to Mar 24, 2025
- Advisory employees · 12 to 13Oct 23, 2024 to Mar 24, 2025
- BD registered reps · 12 to 13Oct 23, 2024 to Mar 24, 2025
- Employees · 29 to 31Oct 23, 2024 to Mar 24, 2025
- Financial planning clients · 0 to 0Oct 23, 2024 to Mar 24, 2025
- State-registered IARs · 12 to 13Oct 23, 2024 to Mar 24, 2025
- Non-discretionary RAUM · $27B to $32BOct 23, 2024 to Mar 24, 2025
- RAUM · $27B to $32BOct 23, 2024 to Mar 24, 2025
- Accounts · 48 to 51Aug 25, 2023 to Mar 26, 2024
- Advisory employees · 7 to 12Aug 25, 2023 to Mar 26, 2024
- Advisory activities · 2 to 3Aug 25, 2023 to Mar 26, 2024
- BD registered reps · 16 to 12Aug 25, 2023 to Mar 26, 2024
- Employees · 35 to 29Aug 25, 2023 to Mar 26, 2024
- State-registered IARs · 8 to 12Aug 25, 2023 to Mar 26, 2024
- Non-discretionary RAUM · $21B to $27BAug 25, 2023 to Mar 26, 2024
- RAUM · $21B to $27BAug 25, 2023 to Mar 26, 2024
- Accounts · 47 to 48Dec 1, 2022 to Mar 30, 2023
- BD registered reps · 11 to 16Dec 1, 2022 to Mar 30, 2023
- Employees · 31 to 35Dec 1, 2022 to Mar 30, 2023
- State-registered IARs · 7 to 8Dec 1, 2022 to Mar 30, 2023
- Non-discretionary RAUM · $18B to $21BDec 1, 2022 to Mar 30, 2023
- RAUM · $18B to $21BDec 1, 2022 to Mar 30, 2023
- Employees · 29 to 31Sep 22, 2022 to Dec 1, 2022
- Other offices · 2 to 3Sep 22, 2022 to Dec 1, 2022
- Non-discretionary RAUM · $18B to $18BSep 22, 2022 to Dec 1, 2022
- RAUM · $18B to $18BSep 22, 2022 to Dec 1, 2022
- Advisory employees · 6 to 7Sep 22, 2022 to Dec 1, 2022
- Accounts · 46 to 47Jan 11, 2022 to Mar 30, 2022
- Advisory employees · 4 to 6Jan 11, 2022 to Mar 30, 2022
- Employees · 26 to 29Jan 11, 2022 to Mar 30, 2022
- State-registered IARs · 6 to 7Jan 11, 2022 to Mar 30, 2022
- Non-discretionary RAUM · $16B to $18BJan 11, 2022 to Mar 30, 2022
- RAUM · $16B to $18BJan 11, 2022 to Mar 30, 2022
- Accounts · 48 to 46Nov 16, 2020 to Mar 31, 2021
- BD registered reps · 9 to 11Nov 16, 2020 to Mar 31, 2021
- Employees · 24 to 26Nov 16, 2020 to Mar 31, 2021
- State-registered IARs · 5 to 6Nov 16, 2020 to Mar 31, 2021
Signals
16 dated events
- David Shechtman left Hilltop Securities Asset Management, Llc for Meeder Public Funds, Inc. (registered 2026-01-12)Jan 26, 2026 · Advisor changed firm · fact
- Louis Gerard Martine no longer registered at Hilltop Securities Asset Management, Llc; no later IA registration on IAPDJun 10, 2025 · Advisor departure · fact
- Jerome Maurice Gaudry no longer registered at Hilltop Securities Asset Management, Llc; no later IA registration on IAPDJun 10, 2025 · Advisor departure · fact
- Chia Yun Chien no longer registered at Hilltop Securities Asset Management, Llc; no later IA registration on IAPDJun 5, 2025 · Advisor departure · fact
- Phillip Jones left Hilltop Securities Asset Management, Llc for Meeder Public Funds, Inc. (registered 2025-06-13)May 15, 2025 · Advisor changed firm · fact
- Mary Ann Dunda (President) appeared on Schedule A of Hilltop Securities Asset Management, LlcOct 14, 2024 · Control person joined · fact
- Hilltop Securities Asset Management, Llc reported RAUM $27.2B, up 27% from $21.4B (2023-08-25 to 2024-03-26)Mar 26, 2024 · RAUM change · derived
- Michael Anthony Cogliano left Hilltop Securities Asset Management, Llc for Mml Investors Services, Llc (registered 2022-06-13)Apr 26, 2022 · Advisor changed firm · fact
- Traci Kurtz left Hilltop Securities Asset Management, Llc for Cetera Advisor Networks Llc (registered 2022-03-04)Feb 18, 2022 · Advisor changed firm · fact
- Anthony Michael Cogliano (Chief Compliance Officer) no longer on Schedule A of Hilltop Securities Asset Management, Llc (listed 2021-10-25, absent 2022-01-11)Jan 11, 2022 · Control person left · inference
- Scott Coya (Chief Compliance Officer) appeared on Schedule A of Hilltop Securities Asset Management, LlcJan 11, 2022 · Control person joined · fact
- Arnold Hillel Feinberg (Chairman Of The Board Of Managers/Ceo) no longer on Schedule A of Hilltop Securities Asset Management, Llc (listed 2020-11-16, absent 2021-03-31)Mar 31, 2021 · Control person left · inference
- John Michael Marz (Board Manager) no longer on Schedule A of Hilltop Securities Asset Management, Llc (listed 2020-11-16, absent 2021-03-31)Mar 31, 2021 · Control person left · inference
- Bradley Martin Winges (Chairman And Ceo) appeared on Schedule A of Hilltop Securities Asset Management, LlcMar 31, 2021 · Control person joined · fact
- Bradley Martin Winges (Ceo) no longer on Schedule A of Hilltop Securities Asset Management, Llc (listed 2019-04-24, absent 2019-08-26)Aug 26, 2019 · Control person left · inference
- Bradley Martin Winges (Ceo/President) appeared on Schedule A of Hilltop Securities Asset Management, LlcFeb 21, 2019 · Control person joined · fact
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
- Website
- hilltopsecurities.com/asset-managementreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 214-953-4000reportedpublic record, Form ADV, Mar 26, 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
- $1.5Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026