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
Wolf Group Capital Advisors
Legal name Rdl Financial, Inc.
Latest filing Apr 24, 2025
First filing on the tape Feb 3, 2012 · 42 filings
SEC status approved since Oct 1, 2002
RAUM
$527M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$527M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
13
11 advisory (5.B.1)
Offices
13
beyond the principal office
Private funds
0
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$527M as of Apr 24, 2025
Aug 29, 2012$170M then
HNW client RAUM$390M as of Apr 24, 2025
Sep 27, 2018$54.2M then
State-registered IARs (5.B.3)11 as of Apr 24, 2025
Aug 29, 20120 then
Employees (5.A)13 as of Apr 24, 2025
Aug 29, 20137 then
Private funds: no history
RAUM +18% over the last fiscal year+8.8% a year over threeIARs 6 to 11offices 10 to 13
Practice profile
derived from the filing of Apr 24, 2025; every figure names its basis
- RAUM per advisor
- $47.9MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 34derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.0MderivedHNW RAUM over HNW clients
- Average account
- $602,051derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.2derivedItem 5.A over advisors
- Advisors per office
- 0.8derived14 offices incl. principal (1.F.5)
- RAUM growth, one year
- +18%derivedbetween the last two annual amendments
- Advisor growth, one year
- +83%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +5.1%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, 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)
- 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)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$390M74%
- Individuals$137M26%
- Charitable organizations$21,0190.0%
- Individual clients
- 241reported
- HNW clients
- 128reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 875reported
- Financial planning clients
- 11-25reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- 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
- Charles Kent Verruggio to Cw Advisors, LLCMay 2, 2025 · RIA to RIA
- Joshua David Lipscomb to Cw Advisors, LLCMay 2, 2025 · RIA to RIA
- Stefani N/M/I Tueme to Cw Advisors, LLCMay 2, 2025 · RIA to RIA
- Robert David Len to Cw Advisors, LLCMay 2, 2025 · RIA to RIA
- Cesar Alfonso Ortega to Cw Advisors, LLCMay 2, 2025 · RIA to RIA
- Kevin Randoll Ostergaard to Cw Advisors, LLCMay 2, 2025 · RIA to RIA
- Derek Tyghe Carstens to Cw Advisors, LLCMay 2, 2025 · RIA to RIA
- Anthony Henry Cortina to Hillman Capital Management IncSep 12, 2023 · RIA to RIA
- Frances Fang to Campbell Wealth Management, Inc.Sep 7, 2022 · RIA to RIA
- Alexandra Mary Rooney to Scs Capital Management LLCOct 8, 2018 · RIA to RIA
- Andrea Lauren Solana to Maseco Private WealthSep 25, 2013 · Other
- Dennis Miles Campbell to Spire Wealth Management, LLCJan 8, 2008 · Other
- Stephen J Foki to Charles Schwab & Co., Inc.Oct 27, 2005 · Other
Joined, latest
- Derek Tyghe Carstens from Citigroup Global Markets Inc.Jun 25, 2024 · Affiliated broker-dealer or bank to independent RIA
- Anthony Henry Cortina from LidoNov 22, 2022 · RIA to RIA
- Cesar Alfonso Ortega from Cresta AdvisorsJan 4, 2021 · RIA to RIA
- Kevin Randoll Ostergaard from Edelman Financial EnginesMar 14, 2019 · RIA to RIA
Teams: two or more advisors moving together within fourteen days, from one state
- 5 left for Cw Advisors, LLCMay 2, 2025 · Fairfax, Va · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- David Robert Len · Managing Directorcontrolsince 09/1996 · owns 25% to 50%
- Lynn Krauz April Turch · Chief Compliance Officercontrolsince 07/2019 · owns less than 5%
- Kent Charles Verruggio · Managing Director, Chief Investment Officer And Senior Financial Advisorcontrolsince 07/2024 · owns 10% to 25%
- Scott Leonard Wolf · Vice Presidentcontrolsince 09/1996 · owns 25% to 50%
Related persons
Schedule D 7.A
- Robert D. Leninsurancen
- Robert D. Leninsurancen
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Arlington, Va | 0 | 0 | 0 | ||
| Charlotte, Nc | 0 | 0 | 0 | ||
| Fairfax, Va · principal | 0 | 0 | 0 | ||
| Murrysville, Pa | 0 | 0 | 0 | ||
| Harrisonburg, Va | 0 | 0 | 0 | ||
| Reston, Va | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Arlington, VA11 employees
- Pittsburgh, PA1 employees
- , 1 employees
What changed
consecutive filings, newest first
- Accounts · 810 to 875Jul 12, 2024 to Sep 25, 2024
- Advisory employees · 6 to 11Jul 12, 2024 to Sep 25, 2024
- HNW clients · 122 to 128Jul 12, 2024 to Sep 25, 2024
- Individual clients · 229 to 241Jul 12, 2024 to Sep 25, 2024
- Employees · 8 to 13Jul 12, 2024 to Sep 25, 2024
- State-registered IARs · 6 to 11Jul 12, 2024 to Sep 25, 2024
- Other offices · 11 to 13Jul 12, 2024 to Sep 25, 2024
- Discretionary RAUM · $446M to $527MJul 12, 2024 to Sep 25, 2024
- HNW RAUM · $337M to $390MJul 12, 2024 to Sep 25, 2024
- Individual RAUM · $109M to $137MJul 12, 2024 to Sep 25, 2024
- RAUM · $446M to $527MJul 12, 2024 to Sep 25, 2024
- Wrap assets (manager) · 3561734.0 to unsetJul 12, 2024 to Sep 25, 2024
- Wrap assets (sponsor) · 0.0 to unsetJul 12, 2024 to Sep 25, 2024
- Other offices · 10 to 11Sep 27, 2023 to Dec 14, 2023
- Accounts · 765 to 810Mar 3, 2023 to Sep 27, 2023
- Advisory employees · 7 to 6Mar 3, 2023 to Sep 27, 2023
- HNW clients · 119 to 122Mar 3, 2023 to Sep 27, 2023
- Individual clients · 218 to 229Mar 3, 2023 to Sep 27, 2023
- Other offices · 2 to 10Mar 3, 2023 to Sep 27, 2023
- Discretionary RAUM · $367M to $446MMar 3, 2023 to Sep 27, 2023
- HNW RAUM · $282M to $337MMar 3, 2023 to Sep 27, 2023
- Individual RAUM · $90.7M to $109MMar 3, 2023 to Sep 27, 2023
- Non-discretionary RAUM · $6.0M to $0Mar 3, 2023 to Sep 27, 2023
- RAUM · $373M to $446MMar 3, 2023 to Sep 27, 2023
- Wrap assets (manager) · $0 to $3.6MMar 3, 2023 to Sep 27, 2023
- Accounts · 683 to 765Jun 10, 2022 to Sep 22, 2022
- HNW clients · 167 to 119Jun 10, 2022 to Sep 22, 2022
- Individual clients · 134 to 218Jun 10, 2022 to Sep 22, 2022
- Assets in custody · $204M to $0Jun 10, 2022 to Sep 22, 2022
- Custody of client assets · true to falseJun 10, 2022 to Sep 22, 2022
- Employees · 9 to 8Jun 10, 2022 to Sep 22, 2022
- Financial planning clients · 26-50 to 11-25Jun 10, 2022 to Sep 22, 2022
- Discretionary RAUM · $400M to $367MJun 10, 2022 to Sep 22, 2022
- HNW RAUM · $71.7M to $282MJun 10, 2022 to Sep 22, 2022
- Individual RAUM · $337M to $90.7MJun 10, 2022 to Sep 22, 2022
- Non-discretionary RAUM · $8.3M to $6.0MJun 10, 2022 to Sep 22, 2022
- RAUM · $409M to $373MJun 10, 2022 to Sep 22, 2022
- Other offices · 1 to 2Sep 28, 2021 to Oct 21, 2021
- Accounts · 618 to 683Mar 5, 2021 to Sep 28, 2021
- Advisory employees · 6 to 7Mar 5, 2021 to Sep 28, 2021
Signals
17 dated events
- Wolf Group Capital Advisors no longer on the SEC adviser roster (last listed 2025-05-02, RAUM $526.8M)Jun 2, 2025 · Left the SEC roster · derived
- Cesar Alfonso Ortega left Wolf Group Capital Advisors for Cw Advisors, Llc (registered 2025-05-01)May 2, 2025 · Advisor changed firm · fact
- Derek Tyghe Carstens left Wolf Group Capital Advisors for Cw Advisors, Llc (registered 2025-05-01)May 2, 2025 · Advisor changed firm · fact
- Joshua David Lipscomb left Wolf Group Capital Advisors for Cw Advisors, Llc (registered 2025-05-01)May 2, 2025 · Advisor changed firm · fact
- Charles Kent Verruggio left Wolf Group Capital Advisors for Cw Advisors, Llc (registered 2025-05-01)May 2, 2025 · Advisor changed firm · fact
- Stefani N/M/I Tueme left Wolf Group Capital Advisors for Cw Advisors, Llc (registered 2025-05-01)May 2, 2025 · Advisor changed firm · fact
- Robert David Len left Wolf Group Capital Advisors for Cw Advisors, Llc (registered 2025-05-01)May 2, 2025 · Advisor changed firm · fact
- Kevin Randoll Ostergaard left Wolf Group Capital Advisors for Cw Advisors, Llc (registered 2025-05-01)May 2, 2025 · Advisor changed firm · fact
- Wolf Group Capital Advisors's advisors moved to CW Advisors, LLC (Arlington, VA): 5 of 7 registered, on the same dayMay 2, 2025 · Firm absorbed (people side) · derived
- Grace Catherine Lee (Chief Operating Officer) no longer on Schedule A of Wolf Group Capital Advisors (listed 2023-12-14, absent 2024-01-19)Jan 19, 2024 · Control person left · inference
- Wolf Group Capital Advisors reported 10 offices beyond its principal office, up from 2 (2023-03-03 to 2023-09-27)Sep 27, 2023 · Office count change · derived
- Anthony Henry Cortina left Wolf Group Capital Advisors for Hillman Capital Management Inc (registered 2024-06-11)Sep 12, 2023 · Advisor changed firm · fact
- Frances Fang left Wolf Group Capital Advisors for Campbell Wealth Management, Inc. (registered 2022-09-21)Sep 7, 2022 · Advisor changed firm · fact
- Wolf Group Capital Advisors reported RAUM $408.6M, up 34% from $303.9M (2021-03-05 to 2021-09-28)Sep 28, 2021 · RAUM change · derived
- Kent Charles Verruggio (Chief Investment Officer And Senior Financial Advisor) appeared on Schedule A of Wolf Group Capital AdvisorsSep 25, 2020 · Control person joined · fact
- Lynn Krauz April Turch (Chief Compliance Officer And Operations Manager) appeared on Schedule A of Wolf Group Capital AdvisorsSep 27, 2019 · Control person joined · fact
- Grace Catherine Lee (Chief Operating Officer) appeared on Schedule A of Wolf Group Capital AdvisorsSep 27, 2019 · Control person joined · 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