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.
SEC-registered adviser
S•••• I••••••••• I•••
Latest filing May 20, 2026
First filing on the tape Mar 30, 2012 · 59 filings
SEC status approved since Apr 11, 2001
RAUM
$37B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.1%
$46.8M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$12B
derived; firm RAUM over IAPD count
Employees
53
24 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
3
reported on Schedule D
History
59 filings and snapshots on the tape
RAUM$37B as of May 20, 2026
Mar 30, 2012$20B then
HNW client RAUM$0 as of May 20, 2026
Jan 2, 2018$0 then
State-registered IARs (5.B.3)4 as of May 20, 2026
Mar 28, 201314 then
Employees (5.A)53 as of May 20, 2026
Mar 28, 201384 then
Private funds3 as of May 20, 2026
Mar 30, 20121 then
RAUM +26% over the last fiscal year+6.0% a year over threeIARs 6 to 4offices 2 to 1
Practice profile
derived from the filing of May 20, 2026; every figure names its basis
- RAUM per advisor
- $12BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 65derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $111MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 36%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 17.7derivedItem 5.A over advisors
- Advisors per office
- 1.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +14%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +650%derived
- Compensation
- percentage of assets, fixed fees, 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
- $2.4B, 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)
- 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)
- an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Other investment advisers$11B30%
- Investment companies$7.9B22%
- Pension and profit-sharing plans$7.8B21%
- Pooled investment vehicles$4.7B13%
- Charitable organizations$3.9B11%
- Sovereign wealth funds$1.1B2.9%
- State and municipal entities$186M0.5%
- Individuals$46.8M0.1%
- Corporations and businesses$2.2M0.0%
- Individual clients
- 196reported
- HNW clients
- 0reported
- Pension plan clients
- 45reported
- Charitable clients
- 39reported
- Accounts
- 328reported
- Financial planning clients
- 0reported
- Wrap fee programs
- $0 sponsored, $187,873 managedreported
- Custody of client assets
- $2.4B for 2 clientsreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.64 institutional_share=0.36 related_bd=true related_bank=false bd_reps=2.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| T••• C••••••••• T•••••••Chartered Financial Analyst | Indianapolis, In | Dec 6, 2010 | 25 y | 1 |
| M••• M•••••• E••• | Indianapolis, In | Dec 6, 2010 | 27 y | 1 |
| R••••• A••• C•••••Chartered Financial Analyst | Indianapolis, In | Dec 6, 2010 | 27 y | 1 |
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 headcount1 left over 36 months
Left, latest
- C•••• S••• to A• W••••• M••••••••• L••Nov 8, 2023 · Other
- J••••••• B••••• L•••• to F•• A•••••••Nov 3, 2017 · Other
- J••• A••••• B••••••• to A•••••• C•••••• I••••••••• L••Sep 1, 2017 · Other
- A••• P• R••••••• to I•••••• A•••••••• I•••May 9, 2017 · Other
- R•••••• B•••• B•••••• to P••••• S••••• C•••••• M••••••••• L••May 1, 2017 · Other
- T••••• W•••••• L••••• to N••••••• I••••••••• A•••••••Jan 4, 2016 · Other
- J•••• W••••• C••••• to N••••••••• M••••• I••••••••• S•••••••••Feb 14, 2014 · Other
- M•••••• C••• G••••• H••••••• to B••••••••• W••••• A•••••••• L••May 6, 2013 · Other
- R••••• E•••••••• K•••••• to S••••• C•••••• M••••••••• L••Nov 8, 2012 · Other
- D•••• W••••• L•••••••• to C••••••••• C•••••• M••••••••• L••Sep 5, 2012 · Other
- K•••••• B••••• to L•••••••• A•••• M•••••••••Dec 9, 2011 · Other
- M••• C• D••••• to L•••••••• A•••• M•••••••••Dec 9, 2011 · Other
- M•••••• R•••• G••••• to S•••••• C•••••• M•••••••••Nov 24, 2010 · Other
- J•••• J••••• E•••• to E•••••• F•••••••• E••••••Nov 24, 2010 · Other
Joined, latest
- C•••• S••• from E•••••• F•••••••• E••••••Oct 23, 2018 · Other
- A••• P• R••••••• from C••••••• M••••••••• I••••••••• A•••••••• L••Jun 2, 2014 · Other
- J••• A••••• B••••••• from A•••••• C••••••• I••Jun 24, 2011 · Other
- M•••••• C••• G••••• H••••••• from A••••••••• F•••••••• S•••••••• L••Mar 4, 2011 · Other
- T••• C••••••••• T••••••• from R•••• A•••• M••••••••• C• L••Dec 6, 2010 · Other
- R••••• A••• C••••• from R•••• A•••• M••••••••• C• L••Dec 6, 2010 · Other
- M••• M•••••• E••• from R•••• A•••• M••••••••• C• L••Dec 6, 2010 · Other
- D•••• W••••• L•••••••• from T••••••••• I••••••••• M••••••••• L••Oct 8, 2010 · Other
- R•••••• B•••• B•••••• from J••• M••••• I••••••••• I•••••••••Sep 16, 2010 · Other
- T••••• W•••••• L••••• from T•••••••• A•••••••• L••Oct 30, 2009 · Other
- J•••• J••••• E•••• from H•••••• A••••••••• D•••• M••••• I••••••••• C•••••••••Jun 12, 2009 · Other
- A••••• J••••• A••••• from U•• F•••••••• S•••••••• I•••Jun 4, 2009 · Other
Private funds
4 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| C••••••• U••••••••• B••• F•••• L•• | Other Private Fund | $2.1B | 20 | Mar 30, 2012 |
| C••••••• C••• P••• B••• F•••• L•• | Other Private Fund | $886M | 10 | Mar 31, 2014 |
| C••••••• T•••• A••••••• S••••• H•••• F••• L•• • B••••••• M•••• A•••• S••••• | Hedge Fund | $525,786 | 1 | Jan 4, 2024 |
| C••••••• U•••• L•• D••••••• B••• F•••• L••no longer reported | Other Private Fund | $0 | 0 | Mar 31, 2017 |
Owners and control persons
Schedule A and B, latest filing
- R••• I•• E••••• · Director, Presidentcontrolsince 10/2021 · owns less than 5%
- S••••• D•••••• D••••• · Chief Compliance Officercontrolsince 10/2023 · owns less than 5%
- W•••••• S••••• L•••••• · Directorcontrolsince 08/2019 · owns less than 5%
- W••••••• E•••• C•••••••• · Directorcontrolsince 11/2017 · owns less than 5%
Entity owners
- C••••••• T•••• A•••••••• I••• · Shareholderdirect · owns 75% or more
- R•••••• J•••• F••••••••• I••• · Shareholderindirect · owns 75% or more of C••••••• T•••• A•••••••• I••• · public reporting company
Related persons
Schedule D 7.A
- C••••••• F••• D••••••••• I•••broker-dealern
- R•••••• J•••• I••••••••• M•••••••••investment adviseryRAUM $17B
- C••••• C•••••• L••broker-dealern
- C•••••••• I••••••••• P•••••••• L••investment advisernRAUM $13B
- C•••••••• A•••• M••••••••• L••investment advisernRAUM $3.0B
- C••••• G••••• I•••••••••investment advisernRAUM $1.5B
- E•••• A•••• M••••••••• I••investment advisernRAUM $61B
- E• M••••••••• I• L••investment advisern
- R•••••• J•••• •••• L••broker-dealerinvestment advisernRAUM $2.0B
- R•••••• J•••• • A••••••••• I•••broker-dealerinvestment adviserpooled vehicle sponsornRAUM $501B
- R•••••• J•••• A•••• M••••••••• I••• S•••investment advisern
- R•••••• J•••• B•••n
- R•••••• J•••• E••• E••••••• S••broker-dealern
- R•••••• J•••• F•••••••• P••••••• L••real estaten
- R•••••• J•••• F•••••••• S••••••• A•••••••• I••investment advisernRAUM $390B
- R•••••• J•••• F•••••••• S•••••••• I•••broker-dealern
- R•••••• J•••• I•••••••• G••••• I•••broker-dealerreal estaten
- R•••••• J•••• I••••••••• C•••••• L•••investment advisern
- R•••••• J•••• I••••••••• S••••••• L••••••broker-dealern
- R•••••• J•••• L••••••broker-dealern
- R•••••• J•••• T•• C••••• F••••• I•••pooled vehicle sponsorn
- R•••••• J•••• T•••• •••••••n
- R•••••• J•••• T•••• N•••n
Advisers that list S•••• I••••••••• I••• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Indianapolis, In | 3 | 0 | 0 | ||
| Kansas City, Mo · principal | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Indianapolis, IN36 employees
- Waukesha, WI2 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- high i••••••••• concentrationStatic outlier · filing May 20, 2026institutional share of RAUM of 36% against a peer median of 0% (512 comparable advisers, 98.0th percentile, 12.0 robust deviations)peers: asset managers, $20B and over (512) · 98% percentile
What changed
consecutive filings, newest first
- Accounts · 140 to 328Dec 18, 2024 to Dec 16, 2025
- Charity clients · 38 to 39Dec 18, 2024 to Dec 16, 2025
- Corporate clients · 4 to 1Dec 18, 2024 to Dec 16, 2025
- HNW clients · 4 to 0Dec 18, 2024 to Dec 16, 2025
- Individual clients · 11 to 196Dec 18, 2024 to Dec 16, 2025
- Pension plan clients · 34 to 45Dec 18, 2024 to Dec 16, 2025
- Financial planning clients · 0 to 0Dec 18, 2024 to Dec 16, 2025
- State-registered IARs · 6 to 4Dec 18, 2024 to Dec 16, 2025
- Other offices · 2 to 1Dec 18, 2024 to Dec 16, 2025
- Discretionary RAUM · $33B to $37BDec 18, 2024 to Dec 16, 2025
- HNW RAUM · $3.9M to $0Dec 18, 2024 to Dec 16, 2025
- Individual RAUM · $840,629 to $46.8MDec 18, 2024 to Dec 16, 2025
- Non-discretionary RAUM · $840,629 to $46.8MDec 18, 2024 to Dec 16, 2025
- Pension RAUM · $7.1B to $7.8BDec 18, 2024 to Dec 16, 2025
- Pooled vehicle RAUM · $3.6B to $4.7BDec 18, 2024 to Dec 16, 2025
- RAUM · $33B to $37BDec 18, 2024 to Dec 16, 2025
- Accounts · 165 to 140May 22, 2024 to Dec 18, 2024
- Advisory employees · 26 to 24May 22, 2024 to Dec 18, 2024
- Charity clients · 24 to 38May 22, 2024 to Dec 18, 2024
- Corporate clients · 0 to 4May 22, 2024 to Dec 18, 2024
- HNW clients · 2 to 4May 22, 2024 to Dec 18, 2024
- Individual clients · 0 to 11May 22, 2024 to Dec 18, 2024
- Pension plan clients · 53 to 34May 22, 2024 to Dec 18, 2024
- Pooled vehicle clients · 12 to 8May 22, 2024 to Dec 18, 2024
- Private funds · 2 to 3May 22, 2024 to Dec 18, 2024
- Discretionary RAUM · $29B to $33BMay 22, 2024 to Dec 18, 2024
- HNW RAUM · $187,873 to $3.9MMay 22, 2024 to Dec 18, 2024
- Individual RAUM · $0 to $840,629May 22, 2024 to Dec 18, 2024
- Non-discretionary RAUM · $187,873 to $840,629May 22, 2024 to Dec 18, 2024
- Pension RAUM · $8.3B to $7.1BMay 22, 2024 to Dec 18, 2024
- Pooled vehicle RAUM · $2.6B to $3.6BMay 22, 2024 to Dec 18, 2024
- RAUM · $29B to $33BMay 22, 2024 to Dec 18, 2024
- Accounts · 160 to 165Oct 23, 2023 to Dec 18, 2023
- Charity clients · 32 to 24Oct 23, 2023 to Dec 18, 2023
- Corporate clients · 1 to 0Oct 23, 2023 to Dec 18, 2023
- HNW clients · 5 to 2Oct 23, 2023 to Dec 18, 2023
- Pension plan clients · 38 to 53Oct 23, 2023 to Dec 18, 2023
- Pooled vehicle clients · 8 to 12Oct 23, 2023 to Dec 18, 2023
- Discretionary RAUM · $26B to $29BOct 23, 2023 to Dec 18, 2023
- HNW RAUM · $6.8M to $187,873Oct 23, 2023 to Dec 18, 2023
Signals
11 dated events
- C•••• S••• left S•••• I••••••••• I••• for A• W••••• M••••••••• L•• (registered 2023-11-01)Nov 8, 2023 · Advisor changed firm · fact
- Philip Daniel Spurgeon (Director) no longer on Schedule A of S•••• I••••••••• I••• (listed 2023-10-11, absent 2023-10-23)Oct 23, 2023 · Control person left · inference
- Daniel Damian Sousa (Chief Compliance Officer) appeared on Schedule A of S•••• I••••••••• I•••Oct 11, 2023 · Control person joined · fact
- C•••• S••• (Cco) no longer on Schedule A of S•••• I••••••••• I••• (listed 2023-09-15, absent 2023-10-11)Oct 11, 2023 · Control person left · inference
- Michael Charles Edwards (Director) no longer on Schedule A of S•••• I••••••••• I••• (listed 2021-07-23, absent 2021-10-27)Oct 27, 2021 · Control person left · inference
- Edward Rick Iv (Director, President) appeared on Schedule A of S•••• I••••••••• I•••Oct 27, 2021 · Control person joined · fact
- Philip Daniel Spurgeon (Director) appeared on Schedule A of S•••• I••••••••• I•••Jul 23, 2021 · Control person joined · fact
- Bruce David Mckinney (Director) no longer on Schedule A of S•••• I••••••••• I••• (listed 2021-04-12, absent 2021-07-23)Jul 23, 2021 · Control person left · inference
- Cooper James Abbott (Chairman) no longer on Schedule A of S•••• I••••••••• I••• (listed 2021-01-27, absent 2021-04-12)Apr 12, 2021 · Control person left · inference
- Wolfe Courtland James (Director) no longer on Schedule A of S•••• I••••••••• I••• (listed 2019-09-04, absent 2019-11-05)Nov 5, 2019 · Control person left · inference
- Lavelle Susan Walzer (Director) appeared on Schedule A of S•••• I••••••••• I•••Sep 4, 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.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/reams-asset-managementreportedpublic record, Form ADV, Sep 18, 2026
- Firm profile
- linkedin.com/company/scout-investmentsreportedpublic record, Form ADV, Sep 18, 2026
- Website
- H•••://WWW.S••••INV.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 463-777-3900reportedpublic record, Form ADV, May 20, 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
- $12Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026