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.

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Former SEC-registered adviser

M•••••••• C•••••• M••••••••• I••

Former SEC-registered adviserGreensboro, North CarolinaCRD 110854SEC 801-15919IAPD
Latest filing May 11, 2023
First filing on the tape Nov 10, 2011 · 19 filings
RAUM
$127M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
87%
$110M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$127M as of May 11, 2023
May 17, 2012$208M then
HNW client RAUM$76.6M as of May 11, 2023
Jun 25, 2018$132M then
State-registered IARs (5.B.3)1 as of May 11, 2023
May 17, 20120 then
Employees (5.A)3 as of May 11, 2023
Jun 21, 20132 then
Private funds: no history
RAUM -32% over the last fiscal year-13% a year over threeIARs 1 to 1
Practice profile
derived from the filing of May 11, 2023; every figure names its basis
RAUM per advisor
$127MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
129derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$905,085derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
9.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-32%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-34%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$23.3M, 20 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)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$76.6M60%
  • Individuals$33.5M26%
  • Pension and profit-sharing plans$6.5M5.1%
  • Charitable organizations$5.8M4.5%
  • Corporations and businesses$4.4M3.5%
Individual clients
104reported
HNW clients
25reported
Pension plan clients
4reported
Charitable clients
5reported
Accounts
140reported
Financial planning clients
n/areported
Wrap fee programs
$0 sponsored, $2.3M managedreported
Custody of client assets
$23.3M for 20 clientsreported
Compensation
% of AUMreported
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • M••••••••• D•••••• C•••• · Chief Compliance Officercontrol
    since 04/1981 · owns less than 5%
  • M••••••••• D•••••• C•••• · President/Chief Compliance Officercontrol
    since 04/1981 · owns 75% or more of M•••••••• A••••••••• I•••
Entity owners
  • M•••••••• A••••••••• I••• · Holding Co.
    direct · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 208 to 140
    Sep 16, 2022 to May 11, 2023
  • Advisory employees · 2 to 1
    Sep 16, 2022 to May 11, 2023
  • HNW clients · 36 to 25
    Sep 16, 2022 to May 11, 2023
  • Individual clients · 159 to 104
    Sep 16, 2022 to May 11, 2023
  • Pension plan clients · 6 to 4
    Sep 16, 2022 to May 11, 2023
  • Assets in custody · $42.7M to $23.3M
    Sep 16, 2022 to May 11, 2023
  • Employees · 5 to 3
    Sep 16, 2022 to May 11, 2023
  • Discretionary RAUM · $185M to $127M
    Sep 16, 2022 to May 11, 2023
  • HNW RAUM · $109M to $76.6M
    Sep 16, 2022 to May 11, 2023
  • Individual RAUM · $51.4M to $33.5M
    Sep 16, 2022 to May 11, 2023
  • Pension RAUM · $13.7M to $6.5M
    Sep 16, 2022 to May 11, 2023
  • RAUM · $185M to $127M
    Sep 16, 2022 to May 11, 2023
  • Wrap assets (manager) · $2.5M to $2.3M
    Sep 16, 2022 to May 11, 2023
  • Accounts · 389 to 208
    Jun 22, 2021 to Jun 24, 2022
  • Charity clients · 4 to 5
    Jun 22, 2021 to Jun 24, 2022
  • Corporate clients · 4 to 2
    Jun 22, 2021 to Jun 24, 2022
  • HNW clients · 39 to 36
    Jun 22, 2021 to Jun 24, 2022
  • Individual clients · 332 to 159
    Jun 22, 2021 to Jun 24, 2022
  • Pension plan clients · 10 to 6
    Jun 22, 2021 to Jun 24, 2022
  • Assets in custody · $68.1M to $42.7M
    Jun 22, 2021 to Jun 24, 2022
  • Employees · 6 to 5
    Jun 22, 2021 to Jun 24, 2022
  • Discretionary RAUM · $227M to $185M
    Jun 22, 2021 to Jun 24, 2022
  • HNW RAUM · $114M to $109M
    Jun 22, 2021 to Jun 24, 2022
  • Individual RAUM · $87.5M to $51.4M
    Jun 22, 2021 to Jun 24, 2022
  • Pension RAUM · $15.8M to $13.7M
    Jun 22, 2021 to Jun 24, 2022
  • RAUM · $227M to $185M
    Jun 22, 2021 to Jun 24, 2022
  • Wrap assets (manager) · $2.4M to $2.5M
    Jun 22, 2021 to Jun 24, 2022
  • Accounts · 370 to 389
    Jun 24, 2020 to Jun 22, 2021
  • Advisory employees · 3 to 2
    Jun 24, 2020 to Jun 22, 2021
  • BD registered reps · 1 to 0
    Jun 24, 2020 to Jun 22, 2021
  • Corporate clients · 3 to 4
    Jun 24, 2020 to Jun 22, 2021
  • HNW clients · 46 to 39
    Jun 24, 2020 to Jun 22, 2021
  • Individual clients · 307 to 332
    Jun 24, 2020 to Jun 22, 2021
  • Assets in custody · $44.0M to $68.1M
    Jun 24, 2020 to Jun 22, 2021
  • Employees · 7 to 6
    Jun 24, 2020 to Jun 22, 2021
  • State-registered IARs · 0 to 1
    Jun 24, 2020 to Jun 22, 2021
  • Discretionary RAUM · $193M to $227M
    Jun 24, 2020 to Jun 22, 2021
  • HNW RAUM · $116M to $114M
    Jun 24, 2020 to Jun 22, 2021
  • Individual RAUM · $58.3M to $87.5M
    Jun 24, 2020 to Jun 22, 2021
  • Pension RAUM · $11.3M to $15.8M
    Jun 24, 2020 to Jun 22, 2021
Signals
No event on the tape.
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