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.

Former SEC-registered adviser

C••• P•••••••• L•••

Former SEC-registered adviserBerwyn, PennsylvaniaCRD 111335SEC 801-60111websiteIAPD
Latest filing Mar 24, 2025
First filing on the tape Mar 30, 2012 · 25 filings
SEC status approved since Mar 30, 2001
RAUM
$2.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
27%
$598M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
18
6 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$2.2B as of Mar 24, 2025
Mar 30, 2012$688M then
HNW client RAUM$95.0M as of Mar 24, 2025
Mar 29, 2018$397M then
State-registered IARs (5.B.3)2 as of Mar 24, 2025
Mar 30, 20120 then
Employees (5.A)18 as of Mar 24, 2025
Mar 26, 20138 then
Private funds: no history
RAUM -52% over the last fiscal year-31% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 24, 2025; every figure names its basis
RAUM per advisor
$1.1BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
225derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$3.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
14%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
9.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-52%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-55%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$3.6M, 2 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$503M24%
  • Other investment advisers$444M21%
  • Corporations and businesses$427M20%
  • Investment companies$250M12%
  • Charitable organizations$244M11%
  • Pooled investment vehicles$106M5.0%
  • High-net-worth individuals$95.0M4.5%
  • State and municipal entities$51.7M2.4%
  • Pension and profit-sharing plans$12.5M0.6%
Individual clients
418reported
HNW clients
31reported
Pension plan clients
7reported
Charitable clients
44reported
Accounts
564reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $16.3M managedreported
Custody of client assets
$3.6M for 2 clientsreported
Compensation
% of AUM, performancereported
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
  • D••••• G••••• A••• · President, Partnercontrol
    since 01/2009 · owns 10% to 25%
  • L••••• C•••• · Chief Financial Officer, Partnercontrol
    since 06/2021 · owns less than 5%
  • T•••••••• P••••• A•••••• · Co-Chief Investment Officer, Partner, Treasurercontrol
    since 01/2022 · owns 25% to 50%
  • C••••••••• K••••• M•••••• · Chief Compliance Officer
    since 10/2024 · owns less than 5%
Entity owners
  • C••• P••••••• E••••••• S•••• O•••••••• T•••• · Esop
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Berwyn, Pa · principal000
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 1,190 to 564
    Sep 30, 2024 to Mar 24, 2025
  • Advisory employees · 8 to 6
    Sep 30, 2024 to Mar 24, 2025
  • Charity clients · 79 to 44
    Sep 30, 2024 to Mar 24, 2025
  • Corporate clients · 53 to 36
    Sep 30, 2024 to Mar 24, 2025
  • HNW clients · 110 to 31
    Sep 30, 2024 to Mar 24, 2025
  • Individual clients · 886 to 418
    Sep 30, 2024 to Mar 24, 2025
  • Pension plan clients · 11 to 7
    Sep 30, 2024 to Mar 24, 2025
  • Pooled vehicle clients · 2 to 1
    Sep 30, 2024 to Mar 24, 2025
  • Assets in custody · $59.9M to $3.6M
    Sep 30, 2024 to Mar 24, 2025
  • Employees · 34 to 18
    Sep 30, 2024 to Mar 24, 2025
  • Financial planning clients · unset to
    Sep 30, 2024 to Mar 24, 2025
  • State-registered IARs · 3 to 2
    Sep 30, 2024 to Mar 24, 2025
  • Discretionary RAUM · $4.6B to $2.2B
    Sep 30, 2024 to Mar 24, 2025
  • HNW RAUM · $378M to $95.0M
    Sep 30, 2024 to Mar 24, 2025
  • Individual RAUM · $928M to $503M
    Sep 30, 2024 to Mar 24, 2025
  • Pension RAUM · $71.7M to $12.5M
    Sep 30, 2024 to Mar 24, 2025
  • Pooled vehicle RAUM · $252M to $106M
    Sep 30, 2024 to Mar 24, 2025
  • RAUM · $4.6B to $2.2B
    Sep 30, 2024 to Mar 24, 2025
  • Wrap assets (manager) · $32.2M to $16.3M
    Sep 30, 2024 to Mar 24, 2025
  • Advisory employees · 10 to 8
    Mar 27, 2024 to Jun 5, 2024
  • Advisory activities · 5 to 4
    Mar 27, 2024 to Jun 5, 2024
  • Employees · 36 to 34
    Mar 27, 2024 to Jun 5, 2024
  • Financial planning clients · 1-10 to unset
    Mar 27, 2024 to Jun 5, 2024
  • State-registered IARs · 2 to 3
    Mar 27, 2024 to Jun 5, 2024
  • Accounts · 1,323 to 1,190
    Mar 28, 2023 to Mar 27, 2024
  • Advisory employees · 9 to 10
    Mar 28, 2023 to Mar 27, 2024
  • Charity clients · 84 to 79
    Mar 28, 2023 to Mar 27, 2024
  • Corporate clients · 60 to 53
    Mar 28, 2023 to Mar 27, 2024
  • HNW clients · 120 to 110
    Mar 28, 2023 to Mar 27, 2024
  • Individual clients · 992 to 886
    Mar 28, 2023 to Mar 27, 2024
  • Pension plan clients · 15 to 11
    Mar 28, 2023 to Mar 27, 2024
  • Assets in custody · $61.0M to $59.9M
    Mar 28, 2023 to Mar 27, 2024
  • Employees · 33 to 36
    Mar 28, 2023 to Mar 27, 2024
  • Discretionary RAUM · $6.2B to $4.6B
    Mar 28, 2023 to Mar 27, 2024
  • HNW RAUM · $401M to $378M
    Mar 28, 2023 to Mar 27, 2024
  • Individual RAUM · $1.1B to $928M
    Mar 28, 2023 to Mar 27, 2024
  • Pension RAUM · $422M to $71.7M
    Mar 28, 2023 to Mar 27, 2024
  • Pooled vehicle RAUM · $592M to $252M
    Mar 28, 2023 to Mar 27, 2024
  • RAUM · $6.2B to $4.6B
    Mar 28, 2023 to Mar 27, 2024
  • Wrap assets (manager) · $43.2M to $32.2M
    Mar 28, 2023 to Mar 27, 2024
Signals
10 dated events
  • Coho Partners, Ltd. no longer on the SEC adviser roster (last listed 2025-12-20, RAUM $2.2B)
    Jan 2, 2026 · Left the SEC roster · derived
  • Wayne George Lesage left Coho Partners, Ltd. for Waverly Advisors, Llc (registered 2025-01-13)
    Jun 18, 2025 · Advisor changed firm · fact
  • Coho Partners, Ltd. reported RAUM $2.2B, down 52% from $4.6B (2024-09-30 to 2025-03-24)
    Mar 24, 2025 · RAUM change · derived
  • Eric Michael Hildenbrand left Coho Partners, Ltd. for Aurdan Capital Management, Llc (registered 2024-09-20)
    Mar 4, 2025 · Advisor changed firm · fact
  • Marie Lisa Gentry (Chief Compliance Officer, Partner) no longer on Schedule A of Coho Partners, Ltd. (listed 2024-06-05, absent 2024-09-30)
    Sep 30, 2024 · Control person left · inference
  • Coho Partners, Ltd. reported RAUM $4.6B, down 26% from $6.2B (2023-03-28 to 2024-03-27)
    Mar 27, 2024 · RAUM change · derived
  • Cindy Lewis (Chief Financial Officer) appeared on Schedule A of Coho Partners, Ltd.
    Mar 17, 2022 · Control person joined · fact
  • Roger Kyle Bubeck (Chief Compliance Officer) no longer on Schedule A of Coho Partners, Ltd. (listed 2020-06-10, absent 2021-03-31)
    Mar 31, 2021 · Control person left · inference
  • Marie Lisa Gentry (Chief Compliance Officer, Partner) appeared on Schedule A of Coho Partners, Ltd.
    Mar 31, 2021 · Control person joined · fact
  • Coho Partners, Ltd. reported RAUM $4.5B, up 39% from $3.2B (2017-05-25 to 2018-03-29)
    Mar 29, 2018 · RAUM change · derived
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