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
Orion Investment Co
Latest filing Jun 25, 2026
First filing on the tape May 29, 2012 · 25 filings
SEC status approved since Jul 18, 1988
RAUM
$515M
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
98%
$505M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$129M
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$515M as of Jun 25, 2026
May 29, 2012$186M then
HNW client RAUM$477M as of Jun 25, 2026
Jun 22, 2018$292M then
State-registered IARs (5.B.3)4 as of Jun 25, 2026
May 29, 20120 then
Employees (5.A)6 as of Jun 25, 2026
May 30, 20134 then
Private funds: no history
RAUM +29% over the last fiscal year+10% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Jun 25, 2026; every figure names its basis
- RAUM per advisor
- $129MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 167derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.2MderivedHNW RAUM over HNW clients
- Average account
- $764,715derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 95%derivedof RAUM
- Institutional
- 1.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 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
- +8.0%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individualsreportedItem 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)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$477M93%
- Individuals$28.3M5.5%
- Pension and profit-sharing plans$7.3M1.4%
- Corporations and businesses$3.0M0.6%
- Individual clients
- 277reported
- HNW clients
- 390reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 674reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.98 fund_share=0.0 institutional_share=0.01 related_bd=true related_bank=false bd_reps=5.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Fred Niesen Sauer | St. Louis, Mo | Jun 24, 1996 | 41 y | 0 |
| Frederic George Sauer | St. Louis, Mo | Jan 13, 2005 | 22 y | 0 |
| Charles John Mcenery | St Louis, Mo | Sep 24, 2015 | 25 y | 0 |
| Sean Joseph Florentin | St Louis, Mo | Dec 10, 2021 | 12 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 headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Niesen Fred Sauer · President/Treasurer/Directorcontrolsince 11/1984 · owns 75% or more
- George Frederic Sauer · Vice President/Secretary/Chief Compliance Officer/Directorcontrolsince 10/2004 · owns 10% to 25%
Related persons
Schedule D 7.A
- Sauer, Dazey Investment Companybroker-dealery
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| St Louis, Mo · principal | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 634 to 674Jun 26, 2025 to Jun 25, 2026
- HNW clients · 350 to 390Jun 26, 2025 to Jun 25, 2026
- Discretionary RAUM · $426M to $492MJun 26, 2025 to Jun 25, 2026
- HNW RAUM · $405M to $477MJun 26, 2025 to Jun 25, 2026
- Individual RAUM · $29.8M to $28.3MJun 26, 2025 to Jun 25, 2026
- Non-discretionary RAUM · $17.4M to $23.5MJun 26, 2025 to Jun 25, 2026
- Pension RAUM · $5.6M to $7.3MJun 26, 2025 to Jun 25, 2026
- RAUM · $444M to $515MJun 26, 2025 to Jun 25, 2026
- Accounts · 604 to 634Jun 24, 2024 to Jun 26, 2025
- Advisory employees · 4 to 3Jun 24, 2024 to Jun 26, 2025
- HNW clients · 348 to 350Jun 24, 2024 to Jun 26, 2025
- Individual clients · 249 to 277Jun 24, 2024 to Jun 26, 2025
- Financial planning clients · unset to Jun 24, 2024 to Jun 26, 2025
- Discretionary RAUM · $447M to $426MJun 24, 2024 to Jun 26, 2025
- HNW RAUM · $430M to $405MJun 24, 2024 to Jun 26, 2025
- Individual RAUM · $25.4M to $29.8MJun 24, 2024 to Jun 26, 2025
- Non-discretionary RAUM · $17.6M to $17.4MJun 24, 2024 to Jun 26, 2025
- Pension RAUM · $5.6M to $5.6MJun 24, 2024 to Jun 26, 2025
- RAUM · $464M to $444MJun 24, 2024 to Jun 26, 2025
- Accounts · 562 to 604Jun 27, 2023 to Jun 24, 2024
- Corporate clients · 8 to 6Jun 27, 2023 to Jun 24, 2024
- HNW clients · 315 to 348Jun 27, 2023 to Jun 24, 2024
- Individual clients · 238 to 249Jun 27, 2023 to Jun 24, 2024
- Discretionary RAUM · $383M to $447MJun 27, 2023 to Jun 24, 2024
- HNW RAUM · $370M to $430MJun 27, 2023 to Jun 24, 2024
- Individual RAUM · $21.8M to $25.4MJun 27, 2023 to Jun 24, 2024
- Non-discretionary RAUM · $16.3M to $17.6MJun 27, 2023 to Jun 24, 2024
- Pension RAUM · $4.2M to $5.6MJun 27, 2023 to Jun 24, 2024
- RAUM · $400M to $464MJun 27, 2023 to Jun 24, 2024
- Accounts · 539 to 562Mar 22, 2023 to Jun 27, 2023
- Corporate clients · unset to 8.0Mar 22, 2023 to Jun 27, 2023
- HNW clients · 302 to 315Mar 22, 2023 to Jun 27, 2023
- Individual clients · 232 to 238Mar 22, 2023 to Jun 27, 2023
- Discretionary RAUM · $406M to $383MMar 22, 2023 to Jun 27, 2023
- HNW RAUM · $392M to $370MMar 22, 2023 to Jun 27, 2023
- Individual RAUM · $23.7M to $21.8MMar 22, 2023 to Jun 27, 2023
- Non-discretionary RAUM · $16.5M to $16.3MMar 22, 2023 to Jun 27, 2023
- Pension RAUM · $4.3M to $4.2MMar 22, 2023 to Jun 27, 2023
- RAUM · $422M to $400MMar 22, 2023 to Jun 27, 2023
- Accounts · 511 to 539Feb 25, 2022 to Jun 29, 2022
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.
How to reach
public business contact points only, each with its source
- Business phone
- 314-725-3800reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- ORIONINVESTMENTCO.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 314-725-3800reportedpublic record, Form ADV, Jun 25, 2026
- Team page
- ORIONINVESTMENTCO.COM/people.phpreportedpublished by the firm, firm site, Sep 15, 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
- $129Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026