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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
SEC-registered adviser
A•••• S••••••• C••••••••• L••
Latest filing Jun 17, 2026
First filing on the tape Mar 23, 2012 · 32 filings
SEC status approved since Feb 3, 1998
RAUM
$5.2B
reported, Item 5.F
Discretionary
7.7%
of RAUM
Private clients
1.6%
$82.8M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$1.0B
derived; firm RAUM over IAPD count
Employees
14
11 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$5.2B as of Jun 17, 2026
Mar 23, 2012$7.6B then
HNW client RAUM$80.8M as of Jun 17, 2026
Mar 30, 2018$15.5M then
State-registered IARs (5.B.3)5 as of Jun 17, 2026
Mar 23, 20120 then
Employees (5.A)14 as of Jun 17, 2026
Mar 12, 201330 then
Private funds: no history
RAUM -0.3% over the last fiscal year-9.1% a year over threeIARs 6 to 5
Practice profile
derived from the filing of Jun 17, 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
- RAUM per advisor
- $1.0BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 3derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $7.3MderivedHNW RAUM over HNW clients
- Average account
- $107MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 7.7%derivedof RAUM
- Institutional
- 96%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.8derivedItem 5.A over advisors
- Advisors per office
- 5.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -0.3%derivedbetween the last two annual amendments
- Advisor growth, one year
- -17%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -56%derived
- Compensation
- percentage of assets, hourly, fixed fees, otherreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, publications, educational seminarsreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Insurance companies$2.5B49%
- Charitable organizations$1.7B34%
- Pension and profit-sharing plans$688M14%
- High-net-worth individuals$80.8M1.6%
- State and municipal entities$76.2M1.5%
- Individuals$2.0M0.0%
- Individual clients
- 3reported
- HNW clients
- 11reported
- Pension plan clients
- 9reported
- Charitable clients
- 18reported
- Accounts
- 48reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.02 fund_share=0.0 institutional_share=0.96 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| W•••••• I• W••••• | Camp Hill, Pa | Oct 8, 2015 | 12 y | 0 |
| J••• M••••• B•••••• | Hunt Valley, Md | Jul 1, 2021 | 11 y | 3 |
| A••••• W•••••• C•••••Chartered Financial Analyst | Hunt Valley, Md | Oct 28, 2021 | 10 y | 1 |
| E•••• R••••• B•••• | Hunt Valley, Md | Jun 26, 2023 | 35 y | 0 |
| J••• F•••••• M•••••Chartered Financial Analyst | Hunt Valley, Md | Jan 16, 2025 | 20 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
Left, latest
- M•••••• A•••••• K••• to H• W•••••Feb 25, 2025 · Other
- W•••••• F•••••••• K••••••• to P•••••••• I••••••••• L••Jan 26, 2024 · Other
- C•••• G•••••• F•••• to A•••• S••••••• R••••••••• P••• C••••••••• L••Mar 15, 2022 · Other
- R••••• L•••• to R•••••• W••••• A•••••••• I•••Nov 12, 2014 · Other
- M•••••• V••••• P••••• to A•••• S••••••• A•••••••• L••Nov 20, 2013 · Other
- S•••• S•••••• H••••••• to A•••• S••••••• R••••••••• P••• C••••••••• L••Nov 20, 2013 · Other
- R•••••• L•• W••••• to U•• F•••••••• S••••••••• L••Mar 19, 2012 · Other
- E••• G••• B••••••• to F•••••••• D••••• A••••••••• I••Feb 19, 2002 · Other
Joined, latest
- A••••• W•••••• C••••• from J•••• F•••• C•••••• P•••••••Oct 28, 2021 · Other
- J••• M••••• B•••••• from H••••• • C••• L••Jul 1, 2021 · Other
- M•••••• V••••• P••••• from I••••• L•••• C••••••Jan 8, 2013 · Other
- R••••• L•••• from H• B•••• I•••Jul 16, 2010 · Other
- C•••• G•••••• F•••• from A•••• S••••••• A•••••••• L••Mar 11, 2008 · Other
- S•••• S•••••• H••••••• from A•••• S••••••• A•••••••• L••Mar 10, 2008 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- M•••••• J•••• F•••••• · Member & Director Of Researchcontrolsince 09/2007 · owns 5% to 10%
- M•••••••• A•••••• J•••• · Managing Member & Chief Compliance Officercontrolsince 07/1992 · owns 25% to 50%
- H••••••••• A•••• B••••• · Principal & Sr. Research Analystsince 12/2019 · owns less than 5%
Entity owners
- A•••• S••••••• C••••••••• O• F•••••• · Ownerdirect · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Hunt Valley, Md · principal | 5 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
- Camp Hill, PA2 employees
What changed
consecutive filings, newest first
- Advisory employees · 9 to 11May 12, 2026 to Jun 17, 2026
- Employees · 13 to 14May 12, 2026 to Jun 17, 2026
- Advisory employees · 11 to 9Mar 25, 2026 to Apr 27, 2026
- Accounts · 72 to 48Jan 21, 2026 to Mar 25, 2026
- Advisory employees · 14 to 11Jan 21, 2026 to Mar 25, 2026
- Charity clients · 23 to 18Jan 21, 2026 to Mar 25, 2026
- HNW clients · 19 to 11Jan 21, 2026 to Mar 25, 2026
- Individual clients · 13 to 3Jan 21, 2026 to Mar 25, 2026
- Pension plan clients · 8 to 9Jan 21, 2026 to Mar 25, 2026
- Employees · 17 to 13Jan 21, 2026 to Mar 25, 2026
- State-registered IARs · 6 to 5Jan 21, 2026 to Mar 25, 2026
- Discretionary RAUM · $362M to $395MJan 21, 2026 to Mar 25, 2026
- HNW RAUM · $146M to $80.8MJan 21, 2026 to Mar 25, 2026
- Individual RAUM · $3.9M to $2.0MJan 21, 2026 to Mar 25, 2026
- Non-discretionary RAUM · $4.8B to $4.8BJan 21, 2026 to Mar 25, 2026
- Pension RAUM · $617M to $688MJan 21, 2026 to Mar 25, 2026
- RAUM · $5.2B to $5.2BJan 21, 2026 to Mar 25, 2026
- Financial planning clients · 0 to 0Apr 2, 2025 to Oct 22, 2025
- Accounts · 82 to 72Mar 25, 2024 to Apr 2, 2025
- Advisory employees · 16 to 14Mar 25, 2024 to Apr 2, 2025
- HNW clients · 30 to 19Mar 25, 2024 to Apr 2, 2025
- Individual clients · 5 to 13Mar 25, 2024 to Apr 2, 2025
- Pension plan clients · 15 to 8Mar 25, 2024 to Apr 2, 2025
- Employees · 20 to 17Mar 25, 2024 to Apr 2, 2025
- State-registered IARs · 8 to 6Mar 25, 2024 to Apr 2, 2025
- Other offices · 1 to 0Mar 25, 2024 to Apr 2, 2025
- Discretionary RAUM · $458M to $362MMar 25, 2024 to Apr 2, 2025
- HNW RAUM · $140M to $146MMar 25, 2024 to Apr 2, 2025
- Individual RAUM · $27.4M to $3.9MMar 25, 2024 to Apr 2, 2025
- Non-discretionary RAUM · $4.9B to $4.8BMar 25, 2024 to Apr 2, 2025
- Pension RAUM · $828M to $617MMar 25, 2024 to Apr 2, 2025
- RAUM · $5.4B to $5.2BMar 25, 2024 to Apr 2, 2025
- Accounts · 93 to 82Mar 24, 2023 to Mar 25, 2024
- Advisory employees · 18 to 16Mar 24, 2023 to Mar 25, 2024
- BD registered reps · 1 to 0Mar 24, 2023 to Mar 25, 2024
- Charity clients · 24 to 23Mar 24, 2023 to Mar 25, 2024
- HNW clients · 35 to 30Mar 24, 2023 to Mar 25, 2024
- Pension plan clients · 19 to 15Mar 24, 2023 to Mar 25, 2024
- Employees · 22 to 20Mar 24, 2023 to Mar 25, 2024
- Insurance-licensed employees · 1 to 0Mar 24, 2023 to Mar 25, 2024
Signals
7 dated events
- S•••• S•••••• H••••••• no longer registered at A•••• S••••••• C••••••••• L••; no later IA registration on IAPDFeb 25, 2026 · Advisor departure · fact
- M•••••• A•••••• K••• left A•••• S••••••• C••••••••• L•• for H• W••••• (registered 2025-02-27)Feb 25, 2025 · Advisor changed firm · fact
- Edward Charles Herget (Member) no longer on Schedule A of A•••• S••••••• C••••••••• L•• (listed 2023-03-24, absent 2024-03-25)Mar 25, 2024 · Control person left · inference
- W•••••• F•••••••• K••••••• left A•••• S••••••• C••••••••• L•• for P•••••••• I••••••••• L•• (registered 2022-01-04)Jan 26, 2024 · Advisor changed firm · fact
- A•••• S••••••• C••••••••• L•• reported RAUM $8.6B, down 32% from $12.7B (2021-03-25 to 2022-03-25)Mar 25, 2022 · RAUM change · derived
- C•••• G•••••• F•••• left A•••• S••••••• C••••••••• L•• for A•••• S••••••• R••••••••• P••• C••••••••• L•• (registered 2009-11-05)Mar 15, 2022 · Advisor changed firm · fact
- Kent Allan Fitzpatrick no longer registered at A•••• S••••••• C••••••••• L••; no later IA registration on IAPDJan 4, 2022 · Advisor departure · 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
- Firm profile
- linkedin.com/company/asset-strategy-consultantsreportedpublic record, Form ADV, Sep 18, 2026
- Website
- ASSETS•••••••C•••••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 410-528-8282reportedpublic record, Form ADV, Jun 17, 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
- $1.0Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026