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.
Former SEC-registered adviser
Firstwave Financial
Legal name Firstwave Financial, Inc.
Latest filing Mar 28, 2024
First filing on the tape Mar 1, 2012 · 35 filings
RAUM
$0
reported, Item 5.F
Discretionary
n/a
of RAUM
Private clients
n/a
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
16
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$0 as of Mar 27, 2024
Mar 27, 2012$239M then
HNW client RAUM$303M as of Mar 29, 2023
Mar 29, 2018$304M then
State-registered IARs (5.B.3)4 as of Mar 27, 2024
Mar 14, 20135 then
Employees (5.A)16 as of Mar 27, 2024
Mar 14, 201311 then
Private funds: no history
RAUM -100% over the last fiscal yearIARs 4 to 4
Practice profile
derived from the filing of Mar 28, 2024; every figure names its basis
- RAUM per advisor
- $0derivedRAUM 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
- unknownderivedRAUM over accounts (5.F.2.f)
- Discretionary
- unknownderivedof RAUM
- Institutional
- unknownderivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 4.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- -100%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, fixed fees, commissionsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consultingreportedItem 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
- is an insurance broker or agent (6.A.6)
- 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
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 0reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, commissionsreported
- 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
Left, latest
- James Brent Ostrander to Savant Wealth ManagementJul 1, 2024 · Other
- Laura Kathleen Chiesman to Savant Wealth ManagementJul 1, 2024 · Other
- Robert Michael Devries to Savant Wealth ManagementJul 1, 2024 · Other
- Troy Richard Lerche to Camarda Wealth Advisory GroupApr 14, 2021 · RIA to RIA
- Charles D Staples to Gyl Financial Synergies, LLCFeb 18, 2020 · RIA to RIA
- John E. Roessler to Northcoast Asset Management LLCJan 25, 2017 · Other
- Timothy Ray Armstrong to Armstrong Financial, Inc.Aug 19, 2014 · Other
- Audrey Wehr Jones to Wealthcare Capital Management LLCJan 4, 2010 · Other
- Robert Joseph Rall to Rall Capital Management, Inc.Oct 5, 2004 · Other
Joined, latest
- James Brent Ostrander from Invest Financial CorporationJul 18, 2017 · Other
- John E. Roessler from Forvis Mazars Wealth Advisors, LLCNov 4, 2015 · Other
- Robert Michael Devries from Independence Insurance & Investments, LLCApr 4, 2013 · Other
- Audrey Wehr Jones from Financial Management ConceptsFeb 5, 2008 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 3 left for Savant Wealth ManagementJul 1, 2024 · Satellite Beach, Fl · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Kathleen Laura Chiesman · President, Vice President, Secretary, Treasurer, Chief Compliance Officercontrolsince 01/2016 · owns less than 5%
- Kathleen Laura Chiesman · Sole Shareholdercontrolsince 01/2016 · owns 75% or more of Chiesman Holdings LLC
Entity owners
- Chiesman Holdings LLC · Sole Shareholderdirect · owns 75% or more
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 |
|---|---|---|---|---|---|
| Satellite Beach, Fl · principal | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Orlando, FL4 employees
What changed
consecutive filings, newest first
- Accounts · 735 to 0Mar 30, 2023 to Mar 27, 2024
- HNW clients · 90.0 to unsetMar 30, 2023 to Mar 27, 2024
- Individual clients · 145.0 to unsetMar 30, 2023 to Mar 27, 2024
- Pension plan clients · 7.0 to unsetMar 30, 2023 to Mar 27, 2024
- Assets in custody · 144177966.0 to unsetMar 30, 2023 to Mar 27, 2024
- Custody of client assets · true to falseMar 30, 2023 to Mar 27, 2024
- Discretionary RAUM · $357M to $0Mar 30, 2023 to Mar 27, 2024
- HNW RAUM · 302863519.0 to unsetMar 30, 2023 to Mar 27, 2024
- Individual RAUM · 49944622.0 to unsetMar 30, 2023 to Mar 27, 2024
- Non-discretionary RAUM · $15.3M to $0Mar 30, 2023 to Mar 27, 2024
- Pension RAUM · 19053494.0 to unsetMar 30, 2023 to Mar 27, 2024
- RAUM · $372M to $0Mar 30, 2023 to Mar 27, 2024
- Accounts · 738 to 735Dec 21, 2022 to Mar 29, 2023
- HNW clients · 93 to 90Dec 21, 2022 to Mar 29, 2023
- Individual clients · 118 to 145Dec 21, 2022 to Mar 29, 2023
- Pension plan clients · 9 to 7Dec 21, 2022 to Mar 29, 2023
- Assets in custody · $104M to $144MDec 21, 2022 to Mar 29, 2023
- Employees · 13 to 16Dec 21, 2022 to Mar 29, 2023
- Discretionary RAUM · $390M to $357MDec 21, 2022 to Mar 29, 2023
- HNW RAUM · $342M to $303MDec 21, 2022 to Mar 29, 2023
- Individual RAUM · $38.9M to $49.9MDec 21, 2022 to Mar 29, 2023
- Non-discretionary RAUM · $17.3M to $15.3MDec 21, 2022 to Mar 29, 2023
- Pension RAUM · $26.4M to $19.1MDec 21, 2022 to Mar 29, 2023
- RAUM · $408M to $372MDec 21, 2022 to Mar 29, 2023
- Accounts · 685 to 738May 3, 2021 to Mar 31, 2022
- Advisory employees · 8 to 4May 3, 2021 to Mar 31, 2022
- HNW clients · 88 to 93May 3, 2021 to Mar 31, 2022
- Individual clients · 107 to 118May 3, 2021 to Mar 31, 2022
- Pension plan clients · 10 to 9May 3, 2021 to Mar 31, 2022
- Assets in custody · $123M to $104MMay 3, 2021 to Mar 31, 2022
- Employees · 8 to 13May 3, 2021 to Mar 31, 2022
- State-registered IARs · 5 to 4May 3, 2021 to Mar 31, 2022
- Discretionary RAUM · $336M to $390MMay 3, 2021 to Mar 31, 2022
- HNW RAUM · $294M to $342MMay 3, 2021 to Mar 31, 2022
- Individual RAUM · $32.8M to $38.9MMay 3, 2021 to Mar 31, 2022
- Non-discretionary RAUM · $13.7M to $17.3MMay 3, 2021 to Mar 31, 2022
- Pension RAUM · $22.1M to $26.4MMay 3, 2021 to Mar 31, 2022
- RAUM · $349M to $408MMay 3, 2021 to Mar 31, 2022
- Accounts · 686 to 685Jun 23, 2020 to Mar 30, 2021
- Advisory employees · 5 to 8Jun 23, 2020 to Mar 30, 2021
Signals
6 dated events
- Robert Michael Devries left Firstwave Financial for Savant Wealth Management (registered 2024-03-10)Jul 1, 2024 · Advisor changed firm · fact
- James Brent Ostrander left Firstwave Financial for Savant Wealth Management (registered 2024-03-10)Jul 1, 2024 · Advisor changed firm · fact
- Laura Kathleen Chiesman left Firstwave Financial for Savant Wealth Management (registered 2024-05-28)Jul 1, 2024 · Advisor changed firm · fact
- Firstwave Financial's advisors moved to Savant Wealth Management (Satellite Beach, FL): 3 of 3 registered, on the same dayJul 1, 2024 · Firm absorbed (people side) · derived
- Firstwave Financial reported RAUM $0, down 100% from $371.9M (2023-03-30 to 2024-03-27)Mar 27, 2024 · RAUM change · derived
- Cpa Wealth Management Services Pa reported succeeding to the business of Another Adviser (Form ADV Item 4)Jan 22, 2016 · Succession (Item 4) · fact
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