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.

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SEC-registered adviser

C•• A••••••• I••

Independent wealth managerHauppauge, New YorkCRD 111581SEC 801-56891websiteIAPD
Latest filing Mar 24, 2026
First filing on the tape Feb 6, 2012 · 22 filings
SEC status approved since Oct 25, 1999
RAUM
$203M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
92%
$187M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$40.5M
derived; firm RAUM over IAPD count
Employees
7
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$203M as of Mar 24, 2026
Feb 6, 2012$170M then
HNW client RAUM$40.4M as of Mar 24, 2026
Mar 7, 2018$44.1M then
State-registered IARs (5.B.3)5 as of Mar 24, 2026
Feb 13, 20130 then
Employees (5.A)7 as of Mar 24, 2026
Feb 13, 20132 then
Private funds: no history
RAUM -94% over the last fiscal year-47% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Mar 24, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$40.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
40derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.9MderivedHNW RAUM over HNW clients
Average account
$643,409derivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
7.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
2.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-94%derivedbetween the last two annual amendments
Advisor growth, one year
+25%derivedItem 5.B.3 between annual amendments
Client growth, one year
-90%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$147M72%
  • High-net-worth individuals$40.4M20%
  • Pension and profit-sharing plans$15.4M7.6%
  • Corporations and businesses$228,4850.1%
Individual clients
185reported
HNW clients
14reported
Pension plan clients
15reported
Charitable clients
n/areported
Accounts
315reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.92 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
W•••••• B••••••Hauppauge, NyMay 9, 202127 y2
J••• R•••••Hauppauge, NyMay 25, 202141 y0
M•••••• F•••••• P••••••Hauppauge, NyOct 4, 202312 y1
M•••••• E• S••••••••Stamford, Ct Mar 12, 202510 y1
L••• W••••• H••••••••Hauppauge, Ny Jan 2, 202615 y0
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • W•••• A••••••• M•••••• · Chief Compliance Officer & In-House Erisa Counselcontrol
    since 08/2024 · owns less than 5%
  • R••••• M••••••• S•••• · Trusteecontrol
    since 10/2019 · owns F of T•• R•••• F••••• D•••••• T••••
Entity owners
  • A••••• L•••• M••••• L• · Principal Shareholder
    direct · owns 75% or more
  • T•• R•••• F••••• D•••••• T•••• · General Partner
    indirect · owns 75% or more of A••••• L•••• M••••• L•
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Hauppauge, Ny · principal510
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
5 against comparable advisers; where to look, not conclusions
  • low discretionary shareStatic outlier · filing Mar 24, 2026
    discretionary share of RAUM of 0% against a peer median of 100% (5676 comparable advisers, 0.0th percentile, 33.7 robust deviations)
    peers: independent wealth managers, $100M to $500M (5,676) · 0.0% percentile
  • client count collapseChange between filings · filing Mar 24, 2026
    individual and HNW clients (Item 5.D) moved from 2,044.0 to 199.0 (-90.0%) between the annual amendments of 2025-03-12 and 2026-03-24; the peer median change was +3.0% (3309 comparable advisers, 0.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,309) · 0.2% percentile
  • RAUM down 50 %Change between filings · filing Mar 24, 2026
    RAUM (Item 5.F) moved from $3,492,215,000 to $202,673,837 (-94.0%) between the annual amendments of 2025-03-12 and 2026-03-24; the peer median change was +15.0% (4550 comparable advisers, 0.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (4,550) · 0.0% percentile
  • account count collapseChange between filings · filing Mar 24, 2026
    accounts (Item 5.F.2.f) moved from 2,081.0 to 315.0 (-85.0%) between the annual amendments of 2025-03-12 and 2026-03-24; the peer median change was +5.0% (3687 comparable advisers, 0.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,687) · 0.2% percentile
  • HNW share shiftChange between filings · filing Mar 24, 2026
    HNW share of RAUM moved from 2.0% to 20.0% between the annual amendments of 2025-03-12 and 2026-03-24
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 2,081 to 315
    Mar 12, 2025 to Mar 24, 2026
  • Advisory employees · 4 to 5
    Mar 12, 2025 to Mar 24, 2026
  • Corporate clients · 1 to 2
    Mar 12, 2025 to Mar 24, 2026
  • HNW clients · 13 to 14
    Mar 12, 2025 to Mar 24, 2026
  • Individual clients · 2,031 to 185
    Mar 12, 2025 to Mar 24, 2026
  • Pension plan clients · 36 to 15
    Mar 12, 2025 to Mar 24, 2026
  • Employees · 5 to 7
    Mar 12, 2025 to Mar 24, 2026
  • State-registered IARs · 4 to 5
    Mar 12, 2025 to Mar 24, 2026
  • HNW RAUM · $64.8M to $40.4M
    Mar 12, 2025 to Mar 24, 2026
  • Individual RAUM · $3.3B to $147M
    Mar 12, 2025 to Mar 24, 2026
  • Non-discretionary RAUM · $3.5B to $203M
    Mar 12, 2025 to Mar 24, 2026
  • Pension RAUM · $92.2M to $15.4M
    Mar 12, 2025 to Mar 24, 2026
  • RAUM · $3.5B to $203M
    Mar 12, 2025 to Mar 24, 2026
  • Financial planning clients · 0 to 0
    Feb 27, 2025 to Mar 12, 2025
  • Accounts · 1,484 to 2,081
    Sep 19, 2024 to Feb 27, 2025
  • Advisory employees · 3 to 4
    Sep 19, 2024 to Feb 27, 2025
  • Business name · C•• I••••••••• to C•• A••••••• I••
    Sep 19, 2024 to Feb 27, 2025
  • Individual clients · 1,445 to 2,031
    Sep 19, 2024 to Feb 27, 2025
  • Pension plan clients · 21 to 36
    Sep 19, 2024 to Feb 27, 2025
  • State-registered IARs · 3 to 4
    Sep 19, 2024 to Feb 27, 2025
  • HNW RAUM · $65.9M to $64.8M
    Sep 19, 2024 to Feb 27, 2025
  • Individual RAUM · $1.6B to $3.3B
    Sep 19, 2024 to Feb 27, 2025
  • Non-discretionary RAUM · $1.7B to $3.5B
    Sep 19, 2024 to Feb 27, 2025
  • Pension RAUM · $46.8M to $92.2M
    Sep 19, 2024 to Feb 27, 2025
  • RAUM · $1.7B to $3.5B
    Sep 19, 2024 to Feb 27, 2025
  • Related insurance company · true to false
    Feb 15, 2024 to Sep 19, 2024
  • Accounts · 1,175 to 1,484
    Mar 30, 2023 to Feb 15, 2024
  • Corporate clients · unset to 1.0
    Mar 30, 2023 to Feb 15, 2024
  • HNW clients · 15 to 13
    Mar 30, 2023 to Feb 15, 2024
  • Individual clients · 1,047 to 1,445
    Mar 30, 2023 to Feb 15, 2024
  • Pension plan clients · 13 to 21
    Mar 30, 2023 to Feb 15, 2024
  • HNW RAUM · $72.0M to $65.9M
    Mar 30, 2023 to Feb 15, 2024
  • Individual RAUM · $1.3B to $1.6B
    Mar 30, 2023 to Feb 15, 2024
  • Non-discretionary RAUM · $1.4B to $1.7B
    Mar 30, 2023 to Feb 15, 2024
  • Pension RAUM · $30.0M to $46.8M
    Mar 30, 2023 to Feb 15, 2024
  • RAUM · $1.4B to $1.7B
    Mar 30, 2023 to Feb 15, 2024
  • Accounts · 852 to 1,175
    May 26, 2022 to Mar 30, 2023
  • BD registered reps · 1 to 0
    May 26, 2022 to Mar 30, 2023
  • Individual clients · 191 to 1,047
    May 26, 2022 to Mar 30, 2023
  • Pension plan clients · 78 to 13
    May 26, 2022 to Mar 30, 2023
Signals
11 dated events
  • C•• A••••••• I•• reported RAUM $202.7M, down 94% from $3.5B (2025-03-12 to 2026-03-24)
    Mar 24, 2026 · RAUM change · derived
  • C•• A••••••• I•• reported RAUM $3.5B, up 100% from $1.7B (2024-09-19 to 2025-02-27)
    Feb 27, 2025 · RAUM change · derived
  • M•••••• Anthony Ward (Chief Compliance Officer & In-House Erisa Counsel) appeared on Schedule A of C•• A••••••• I••
    Sep 19, 2024 · Control person joined · fact
  • J••• R••••• (Vice President & Chief Compliance Officer) no longer on Schedule A of C•• A••••••• I•• (listed 2024-02-15, absent 2024-09-19)
    Sep 19, 2024 · Control person left · inference
  • Anthony Louis Russo (General Partner) no longer on Schedule A of C•• A••••••• I•• (listed 2024-02-15, absent 2024-09-19)
    Sep 19, 2024 · Control person left · inference
  • C•• A••••••• I•• reported RAUM $1.3B, up 187% from $437.1M (2021-03-08 to 2022-02-16)
    Feb 16, 2022 · RAUM change · derived
  • C•• A••••••• I•• reported RAUM $437.1M, up 200% from $145.5M (2020-08-14 to 2021-03-08)
    Mar 8, 2021 · RAUM change · derived
  • Scott M•••••• Russo (Limited Partner) appeared on Schedule A of C•• A••••••• I••
    Jun 4, 2019 · Control person joined · fact
  • Anthony Louis Russo (General Partner) appeared on Schedule A of C•• A••••••• I••
    Jun 4, 2019 · Control person joined · fact
  • Victor Matera (President) no longer on Schedule A of C•• A••••••• I•• (listed 2019-02-21, absent 2019-06-04)
    Jun 4, 2019 · Control person left · inference
  • C•• A••••••• I•• reported RAUM $94.5M, down 75% from $371.4M (2018-03-07 to 2019-02-21)
    Feb 21, 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
Website
c•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
631.657.2135reportedpublic record, Form ADV, Mar 24, 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
$40.5Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026