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

Rational Advisors, Inc.

Asset manager (funds and pooled vehicles)San Juan, PRCRD 111452SEC 801-60176websiteIAPD
Latest filing May 8, 2026
First filing on the tape Mar 30, 2012 · 37 filings
SEC status approved since Apr 18, 2001
RAUM
$2.6B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
17
8 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
1
reported on Schedule D
History
37 filings and snapshots on the tape
RAUM$2.6B as of May 8, 2026
Mar 30, 2012$3.5B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 8, 2026
Mar 30, 20120 then
Employees (5.A)17 as of May 8, 2026
Mar 27, 201321 then
Private funds1 as of May 8, 2026
Mar 24, 20251 then
RAUM +12% over the last fiscal year-0.2% a year over threeIARs 0 to 0offices 1 to 2
Practice profile
derived from the filing of May 8, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM 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
$197MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, portfolio management for investment companies, educational seminarsreportedItem 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
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$2.6B100%
  • Pooled investment vehicles$9.7M0.4%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
13reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=1.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • David Robert Glass · Chief Compliance Officercontrol
    since 01/2016 · owns less than 5%
  • Scott David Miller · Chief Investment Officercontrol
    since 01/2016 · owns 10% to 25%
  • Thomas Michael Schoonover · Chief Operating Officercontrol
    since 01/2016 · owns less than 5%
  • John Jerry Szilagyi · Presidentcontrol
    since 01/2016 · owns 50% to 75%
  • Linda Isobel Szilagyi · Trustee
    since 12/2015 · owns F of Jerry J. Szilagyi 2015 Family Trust
  • Ann June Szilagyi · Trustee
    since 12/2015 · owns F of Jerry J. Szilagyi 2015 Family Trust
Entity owners
  • Jerry J. Szilagyi 2015 Family Trust · Shareholder
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
Advisers that list Rational Advisors, Inc. as a related person
Offices
Schedule D 1.F, the 25 largest
  • New York, NY2 employees
What changed
consecutive filings, newest first
  • Accounts · 12 to 13
    Aug 13, 2025 to Mar 27, 2026
  • Employees · 12 to 17
    Aug 13, 2025 to Mar 27, 2026
  • Other offices · 1 to 2
    Aug 13, 2025 to Mar 27, 2026
  • Discretionary RAUM · $2.3B to $2.6B
    Aug 13, 2025 to Mar 27, 2026
  • Pooled vehicle RAUM · $8.4M to $9.7M
    Aug 13, 2025 to Mar 27, 2026
  • RAUM · $2.3B to $2.6B
    Aug 13, 2025 to Mar 27, 2026
  • Financial planning clients · 0 to 0
    Jun 17, 2025 to Aug 13, 2025
  • Advisory activities · 1 to 3
    Mar 24, 2025 to Jun 17, 2025
  • Accounts · 11 to 12
    Mar 27, 2024 to Mar 24, 2025
  • Advisory employees · 9 to 8
    Mar 27, 2024 to Mar 24, 2025
  • BD registered reps · 3 to 1
    Mar 27, 2024 to Mar 24, 2025
  • Pooled vehicle clients · unset to 1.0
    Mar 27, 2024 to Mar 24, 2025
  • Private funds · unset to 1
    Mar 27, 2024 to Mar 24, 2025
  • Discretionary RAUM · $2.2B to $2.3B
    Mar 27, 2024 to Mar 24, 2025
  • Pooled vehicle RAUM · unset to 8400449.0
    Mar 27, 2024 to Mar 24, 2025
  • RAUM · $2.2B to $2.3B
    Mar 27, 2024 to Mar 24, 2025
  • Accounts · 13 to 11
    Aug 24, 2023 to Mar 27, 2024
  • Advisory employees · 10 to 9
    Aug 24, 2023 to Mar 27, 2024
  • Employees · 13 to 12
    Aug 24, 2023 to Mar 27, 2024
  • Discretionary RAUM · $2.6B to $2.2B
    Aug 24, 2023 to Mar 27, 2024
  • RAUM · $2.6B to $2.2B
    Aug 24, 2023 to Mar 27, 2024
  • Accounts · 12 to 13
    Jul 27, 2022 to Mar 29, 2023
  • BD registered reps · 2 to 3
    Jul 27, 2022 to Mar 29, 2023
  • Discretionary RAUM · $3.0B to $2.6B
    Jul 27, 2022 to Mar 29, 2023
  • RAUM · $3.0B to $2.6B
    Jul 27, 2022 to Mar 29, 2023
  • Accounts · 11 to 12
    Apr 27, 2021 to Mar 30, 2022
  • Advisory employees · 7 to 10
    Apr 27, 2021 to Mar 30, 2022
  • BD registered reps · 3 to 2
    Apr 27, 2021 to Mar 30, 2022
  • Employees · 10 to 13
    Apr 27, 2021 to Mar 30, 2022
  • Financial planning clients · unset to 0
    Apr 27, 2021 to Mar 30, 2022
  • Discretionary RAUM · $1.2B to $3.0B
    Apr 27, 2021 to Mar 30, 2022
  • RAUM · $1.2B to $3.0B
    Apr 27, 2021 to Mar 30, 2022
  • Accounts · 15 to 11
    Mar 30, 2020 to Mar 31, 2021
  • Advisory employees · 6 to 7
    Mar 30, 2020 to Mar 31, 2021
  • Employees · 9 to 10
    Mar 30, 2020 to Mar 31, 2021
  • Discretionary RAUM · $575M to $1.2B
    Mar 30, 2020 to Mar 31, 2021
  • RAUM · $575M to $1.2B
    Mar 30, 2020 to Mar 31, 2021
  • Accounts · 14 to 15
    May 31, 2019 to Mar 30, 2020
  • Advisory employees · 4 to 6
    May 31, 2019 to Mar 30, 2020
  • Employees · 7 to 9
    May 31, 2019 to Mar 30, 2020
Signals
4 dated events
  • Thomas Michael Schoonover (Chief Operating Officer) appeared on Schedule A of Rational Advisors, Inc.
    Jul 27, 2022 · Control person joined · fact
  • Rational Advisors, Inc. reported RAUM $3.0B, up 159% from $1.2B (2021-04-27 to 2022-03-30)
    Mar 30, 2022 · RAUM change · derived
  • Rational Advisors, Inc. reported RAUM $1.2B, up 101% from $575.5M (2020-03-30 to 2021-03-31)
    Mar 31, 2021 · RAUM change · derived
  • Rational Advisors, Inc. reported RAUM $465.4M, up 89% from $246.4M (2018-03-23 to 2019-02-26)
    Feb 26, 2019 · 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.
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/rational-advisors-inc.reportedpublic record, Form ADV, Sep 17, 2026
Firm profile
linkedin.com/company/strategy-shares-etfreportedpublic record, Form ADV, Sep 17, 2026
Website
golyetf.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
6467578387reportedpublic record, Form ADV, May 8, 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
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026