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
Bridgeway Capital Management, LLC
Latest filing Sep 16, 2026
First filing on the tape Mar 29, 2012 · 33 filings
SEC status approved since Aug 2, 1993
RAUM
$4.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
1.7%
$70.3M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$1.1B
derived; firm RAUM over IAPD count
Employees
23
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$4.3B as of Jul 1, 2026
Mar 29, 2012$2.0B then
HNW client RAUM$70.3M as of Jul 1, 2026
Mar 27, 2018$64.9M then
State-registered IARs (5.B.3)5 as of Jul 1, 2026
Mar 29, 20120 then
Employees (5.A)23 as of Jul 1, 2026
Mar 26, 201330 then
Private funds1 as of Jul 1, 2026
Mar 29, 20231 then
RAUM +5.6% over the last fiscal year+2.6% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Sep 16, 2026; every figure names its basis
- RAUM per advisor
- $1.1BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 3derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $7.0MderivedHNW RAUM over HNW clients
- Average account
- $185MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 5.8derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +5.6%derivedbetween the last two annual amendments
- Advisor growth, one year
- +25%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -38%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
- Custody
- $29.0M, 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
- 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$4.1B97%
- High-net-worth individuals$70.3M1.7%
- Pooled investment vehicles$29.0M0.7%
- Charitable organizations$12.3M0.3%
- Individual clients
- 0reported
- HNW clients
- 10reported
- Pension plan clients
- 0reported
- Charitable clients
- 1reported
- Accounts
- 23reported
- Financial planning clients
- n/areported
- Wrap fee programs
- noreported
- Custody of client assets
- $29.0M for 2 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.02 fund_share=0.98 institutional_share=0.0 related_bd= related_bank= bd_reps=6.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| John Noland Ryan Montgomery | Houaton, Tx | Dec 19, 1997 | 33 y | 0 |
| Elena KhoziaevaChartered Financial Analyst | Houston, Tx | Aug 1, 2008 | 26 y | 0 |
| Christine Liang WangChartered Financial Analyst | Houston, Tx | Jul 3, 2012 | 18 y | 0 |
| Seema Joglekar Ackerman | Houston, Tx | Mar 6, 2025 | 12 y | 2 |
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
- Michael Dennis Mulcahy to Kings Path Partners LLCJun 1, 2015 · Other
- Rasool Nmn Shaik to Emc Capital Management, LLCMay 9, 2013 · Other
- Michael Eugene Rome to Texan CapitalMay 9, 2013 · Other
- Audrey Fersten to Avalon Investment & AdvisoryJun 14, 2011 · Other
- Kyle Vann Mylius to The Caprock Group, LLCSep 1, 2010 · Other
Joined, latest
- Seema Joglekar Ackerman from Blackrock Investment Management, LLCMar 6, 2025 · Other
- Kyle Vann Mylius from Rainier Investment Management LLCAug 1, 2008 · Other
Private funds
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Bridgeway Emerging Markets Small Cap Fund (Master), Ltd | Other Private Fund | $17.0M | 2 | Mar 29, 2023 |
Owners and control persons
Schedule A and B, latest filing
- Devanthini Von Celestine · Vice-President, Treasurer And Secretarycontrolsince 12/2006 · owns less than 5%
- Gail Linda Giuffre · Chief Compliance Officer And Chief Operating Officercontrolsince 05/2004 · owns less than 5%
- Noland Ryan John Montgomery · President, Chief Executive Officer And Co-Chief Investment Officercontrolsince 07/1993 · owns less than 5%
- Devanthini Von Celestine · Vice President, Treasurer, Secretary And Directorcontrolsince 12/2020 · owns F of Bridgeway Investments, Inc.
- Gail Linda Giuffre · Chief Operating Officer And Chief Compliance Officercontrolsince 12/2020 · owns F of Bridgeway Investments, Inc.
- Elena Khoziaeva · Directorcontrolsince 12/2023 · owns F of Bridgeway Investments, Inc.
- Noland Ryan John Montgomery · President, Chief Executive Officer And Directorcontrolsince 12/2020 · owns 50% to 75% of Bridgeway Investments, Inc.
- Alexander Ryan Bailey · Director And Chair Of The Boardsince 02/2021 · owns F of Bridgeway Investments, Inc.
- Sedgwick Shannon Davis · Trusteesince 12/2020 · owns F of The Bridgeway Special Purpose Trust
- Mckee Ann Montgomery · Trusteesince 12/2020 · owns F of The Bridgeway Special Purpose Trust
- Mckee Ann Montgomery · Directorsince 12/2020 · owns F of Bridgeway Investments, Inc.
- Noland Ryan John Montgomery · Trusteesince 12/2020 · owns F of The Bridgeway Special Purpose Trust
Entity owners
- Bridgeway Investments, Inc. · Sole Memberdirect · owns 75% or more
- Bridgeway Capital Management, Inc. Employee Stock Ownership Plan And Trust · Shareholderindirect · owns F of Bridgeway Investments, Inc.
- The Bridgeway Special Purpose Trust · Shareholderindirect · owns F of Bridgeway Investments, Inc.
Related persons
Schedule D 7.A
No related person reported.
Advisers that list Bridgeway Capital Management, LLC as a related person
- 317275 y
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Houston, Tx · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Financial planning clients · to unsetJul 1, 2026 to Sep 16, 2026
- Private funds · 1 to unsetJul 1, 2026 to Sep 16, 2026
- Related adviser · false to unsetJul 1, 2026 to Sep 16, 2026
- Related bank · false to unsetJul 1, 2026 to Sep 16, 2026
- Related broker-dealer · false to unsetJul 1, 2026 to Sep 16, 2026
- Related insurance company · false to unsetJul 1, 2026 to Sep 16, 2026
- Succession · false to unsetJul 1, 2026 to Sep 16, 2026
- Accounts · 32 to 23Nov 6, 2025 to Mar 30, 2026
- Advisory employees · 9 to 7Nov 6, 2025 to Mar 30, 2026
- BD registered reps · 4 to 6Nov 6, 2025 to Mar 30, 2026
- HNW clients · 16 to 10Nov 6, 2025 to Mar 30, 2026
- Assets in custody · $17.3M to $29.0MNov 6, 2025 to Mar 30, 2026
- Employees · 27 to 23Nov 6, 2025 to Mar 30, 2026
- State-registered IARs · 4 to 5Nov 6, 2025 to Mar 30, 2026
- Discretionary RAUM · $4.0B to $4.3BNov 6, 2025 to Mar 30, 2026
- HNW RAUM · $48.3M to $70.3MNov 6, 2025 to Mar 30, 2026
- Pooled vehicle RAUM · $17.3M to $29.0MNov 6, 2025 to Mar 30, 2026
- RAUM · $4.0B to $4.3BNov 6, 2025 to Mar 30, 2026
- Financial planning clients · unset to Mar 26, 2025 to Jul 3, 2025
- Accounts · 30 to 32Jun 28, 2024 to Mar 26, 2025
- Advisory employees · 12 to 9Jun 28, 2024 to Mar 26, 2025
- BD registered reps · 5 to 4Jun 28, 2024 to Mar 26, 2025
- HNW clients · 11 to 16Jun 28, 2024 to Mar 26, 2025
- Assets in custody · $16.2M to $17.3MJun 28, 2024 to Mar 26, 2025
- Employees · 32 to 27Jun 28, 2024 to Mar 26, 2025
- State-registered IARs · 7 to 4Jun 28, 2024 to Mar 26, 2025
- Discretionary RAUM · $4.3B to $4.0BJun 28, 2024 to Mar 26, 2025
- HNW RAUM · $59.1M to $48.3MJun 28, 2024 to Mar 26, 2025
- Pooled vehicle RAUM · $16.2M to $17.3MJun 28, 2024 to Mar 26, 2025
- RAUM · $4.3B to $4.0BJun 28, 2024 to Mar 26, 2025
- Accounts · 31 to 30Jun 13, 2023 to Mar 27, 2024
- Charity clients · 2 to 1Jun 13, 2023 to Mar 27, 2024
- Assets in custody · $12.2M to $16.2MJun 13, 2023 to Mar 27, 2024
- Discretionary RAUM · $3.9B to $4.3BJun 13, 2023 to Mar 27, 2024
- HNW RAUM · $48.3M to $59.1MJun 13, 2023 to Mar 27, 2024
- Pooled vehicle RAUM · $12.2M to $16.2MJun 13, 2023 to Mar 27, 2024
- RAUM · $3.9B to $4.3BJun 13, 2023 to Mar 27, 2024
- Related adviser · true to falseJun 13, 2023 to Mar 27, 2024
- Accounts · 30 to 31Nov 7, 2022 to Mar 29, 2023
- Advisory activities · 3 to 4Nov 7, 2022 to Mar 29, 2023
Signals
6 dated events
- Peter Richard Cancelmo (Vice-President) no longer on Schedule A of Bridgeway Capital Management, Llc (listed 2024-06-07, absent 2024-06-28)Jun 28, 2024 · Control person left · inference
- Elena Khoziaeva (Director) appeared on Schedule A of Bridgeway Capital Management, LlcMar 27, 2024 · Control person joined · fact
- Bridgeway Capital Management, Llc reported RAUM $3.9B, down 28% from $5.4B (2022-11-07 to 2023-03-29)Mar 29, 2023 · RAUM change · derived
- Yvonne Tammira Philippe (Director, President And Chief Executive Officer) no longer on Schedule A of Bridgeway Capital Management, Llc (listed 2022-11-07, absent 2023-03-29)Mar 29, 2023 · Control person left · inference
- Bridgeway Capital Management, Llc reported RAUM $4.8B, down 36% from $7.5B (2021-01-19 to 2021-03-24)Mar 24, 2021 · RAUM change · derived
- Bridgeway Capital Management Inc reported succeeding to the business of Another Adviser (Form ADV Item 4)Jan 15, 2021 · Succession (Item 4) · fact
Across DFX
shared identifiers only, never a name match
- Bridgeway Capital Management, LLC · Independent Sponsorsshared crd · capital_provider
How to reach
public business contact points only, each with its source
- Firm profile
- LINKEDIN.COM/COMPANY/BRIDGEWAY-CAPITAL-MANAGEMENTreportedpublic record, Form ADV, Sep 18, 2026
- Website
- BRIDGEWAY.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 713-661-3500reportedpublic record, Form ADV, Sep 16, 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- $1.1Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026