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
Sem Wealth Management
Legal name Strategic Equity Management, Inc.
Latest filing Mar 24, 2026
First filing on the tape Mar 28, 2012 · 40 filings
SEC status approved since Jul 2, 1998
RAUM
$933M
reported, Item 5.F
Discretionary
79%
of RAUM
Private clients
81%
$752M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$117M
derived; firm RAUM over IAPD count
Employees
11
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$933M as of Mar 24, 2026
Mar 28, 2012$357M then
HNW client RAUM$416M as of Mar 24, 2026
Mar 30, 2018$140M then
State-registered IARs (5.B.3)4 as of Mar 24, 2026
Mar 28, 20133 then
Employees (5.A)11 as of Mar 24, 2026
Mar 28, 20138 then
Private funds: no history
RAUM +1.4% over the last fiscal year+4.5% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 24, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- 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
- RAUM per advisor
- $117MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 248derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.6MderivedHNW RAUM over HNW clients
- Average account
- $229,641derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 79%derivedof RAUM
- Institutional
- 0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.4derivedItem 5.A over advisors
- Advisors per office
- 4.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +1.4%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -1.5%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$416M45%
- Individuals$335M36%
- Other investment advisers$180M19%
- Charitable organizations$1.5M0.2%
- Corporations and businesses$220,0000.0%
- Individual clients
- 1,720reported
- HNW clients
- 260reported
- Pension plan clients
- n/areported
- Charitable clients
- 10reported
- Accounts
- 4,065reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.81 fund_share=0.19 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Richard Chandler Gage | Tucson, Az | Jul 19, 1995 | 34 y | 0 |
| Jeffrey Scott HybiakChartered Financial Analyst | New Kent, Va | Jul 13, 2000 | 27 y | 0 |
| Shannon Kofford Chandler | Tucson, Az | Jul 17, 2002 | 27 y | 0 |
| James Patrick Stover | Tucson, Az | Oct 6, 2006 | 21 y | 0 |
| Timothy Lee Mccain | Arvada, Co | Oct 6, 2006 | 22 y | 0 |
| Cody Scott Hybiak | Tucson, Az | Jun 18, 2018 | 11 y | 0 |
| Edward Ralph Dudley | New Kent, Va | Mar 29, 2022 | 28 y | 0 |
| Gregory Lynn Grimes | Columbia, Mo | Dec 10, 2024 | 32 y | 6 |
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
- Stephen Olaleye Adekeye to Corrales & Co.Jan 30, 2025 · RIA to RIA
Joined, latest
- Gregory Lynn Grimes from Osaic Advisory Services, LLCDec 10, 2024 · Affiliated broker-dealer or bank to independent RIA
- Stephen Olaleye Adekeye from Cope ConnellyAug 5, 2024 · RIA to RIA
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Chandler Richard Gage · President/Chief Compliance Officer/Treasurercontrolsince 07/1992 · owns 50% to 75%
- Scott Jeffrey Hybiak · Vice President/Secretarycontrolsince 10/2017 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Tucson, Az · principal | 7 | 0 | 0 | ||
| New Kent, Va | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- New Kent, VA2 employees
What changed
consecutive filings, newest first
- Accounts · 4,108 to 4,065Nov 10, 2025 to Mar 24, 2026
- HNW clients · 460 to 260Nov 10, 2025 to Mar 24, 2026
- Individual clients · 1,550 to 1,720Nov 10, 2025 to Mar 24, 2026
- Discretionary RAUM · $726M to $735MNov 10, 2025 to Mar 24, 2026
- HNW RAUM · $460M to $416MNov 10, 2025 to Mar 24, 2026
- Individual RAUM · $282M to $335MNov 10, 2025 to Mar 24, 2026
- Non-discretionary RAUM · $195M to $199MNov 10, 2025 to Mar 24, 2026
- RAUM · $920M to $933MNov 10, 2025 to Mar 24, 2026
- Financial planning clients · 0 to 0Mar 28, 2025 to Nov 10, 2025
- Accounts · 2,906 to 4,108Oct 21, 2024 to Mar 28, 2025
- Advisory activities · 2 to 3Oct 21, 2024 to Mar 28, 2025
- HNW clients · 300 to 460Oct 21, 2024 to Mar 28, 2025
- Individual clients · 1,350 to 1,550Oct 21, 2024 to Mar 28, 2025
- Employees · 10 to 11Oct 21, 2024 to Mar 28, 2025
- Financial planning clients · unset to 0Oct 21, 2024 to Mar 28, 2025
- Discretionary RAUM · $403M to $726MOct 21, 2024 to Mar 28, 2025
- HNW RAUM · $206M to $460MOct 21, 2024 to Mar 28, 2025
- Individual RAUM · $207M to $282MOct 21, 2024 to Mar 28, 2025
- Non-discretionary RAUM · $181M to $195MOct 21, 2024 to Mar 28, 2025
- RAUM · $584M to $920MOct 21, 2024 to Mar 28, 2025
- Accounts · 2,643 to 2,906Mar 29, 2023 to Mar 25, 2024
- HNW clients · 260 to 300Mar 29, 2023 to Mar 25, 2024
- Individual clients · 1,290 to 1,350Mar 29, 2023 to Mar 25, 2024
- Employees · 11 to 10Mar 29, 2023 to Mar 25, 2024
- Discretionary RAUM · $361M to $403MMar 29, 2023 to Mar 25, 2024
- HNW RAUM · $177M to $206MMar 29, 2023 to Mar 25, 2024
- Individual RAUM · $193M to $207MMar 29, 2023 to Mar 25, 2024
- Non-discretionary RAUM · $457M to $181MMar 29, 2023 to Mar 25, 2024
- Pension RAUM · 345000.0 to unsetMar 29, 2023 to Mar 25, 2024
- RAUM · $818M to $584MMar 29, 2023 to Mar 25, 2024
- Accounts · 2,490 to 2,643Nov 3, 2022 to Mar 29, 2023
- Advisory employees · 5 to 4Nov 3, 2022 to Mar 29, 2023
- HNW clients · 270 to 260Nov 3, 2022 to Mar 29, 2023
- Individual clients · 1,200 to 1,290Nov 3, 2022 to Mar 29, 2023
- State-registered IARs · 5 to 4Nov 3, 2022 to Mar 29, 2023
- Discretionary RAUM · $352M to $361MNov 3, 2022 to Mar 29, 2023
- HNW RAUM · $176M to $177MNov 3, 2022 to Mar 29, 2023
- Individual RAUM · $183M to $193MNov 3, 2022 to Mar 29, 2023
- Non-discretionary RAUM · $447M to $457MNov 3, 2022 to Mar 29, 2023
- Pension RAUM · $811,000 to $345,000Nov 3, 2022 to Mar 29, 2023
Signals
5 dated events
- Sem Wealth Management reported RAUM $920.5M, up 58% from $584.1M (2024-10-21 to 2025-03-28)Mar 28, 2025 · RAUM change · derived
- Stephen Olaleye Adekeye left Sem Wealth Management for Corrales & Co. (registered 2025-04-07)Jan 30, 2025 · Advisor changed firm · fact
- Sem Wealth Management reported RAUM $584.1M, down 29% from $817.9M (2023-03-29 to 2024-03-25)Mar 25, 2024 · RAUM change · derived
- Sem Wealth Management reported RAUM $682.7M, up 25% from $544.3M (2020-07-29 to 2021-03-29)Mar 29, 2021 · RAUM change · derived
- Sem Wealth Management reported RAUM $421.8M, up 43% from $294.7M (2017-12-21 to 2018-03-30)Mar 30, 2018 · 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
- Business phone
- 800-408-2423reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- linkedin.com/company/semwealthreportedpublic record, Form ADV, Sep 17, 2026
- Website
- whatsmyscore.netreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 520-749-4580reportedpublic 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
- $117Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026