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

Q•••••• F•••••••• A••••••• I••

Wealth manager with institutional or fund businessRockville, MarylandCRD 113563SEC 801-125887websiteIAPD
Latest filing Mar 26, 2026
First filing on the tape Mar 30, 2012 · 20 filings
SEC status approved since Jun 16, 2022
RAUM
$558M
reported, Item 5.F
Discretionary
27%
of RAUM
Private clients
32%
$178M individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$55.8M
derived; firm RAUM over IAPD count
Employees
10
7 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$558M as of Mar 26, 2026
Mar 30, 2012$53.4M then
HNW client RAUM$132M as of Mar 26, 2026
Mar 29, 2023$96.2M then
State-registered IARs (5.B.3)7 as of Mar 26, 2026
Mar 30, 20120 then
Employees (5.A)10 as of Mar 26, 2026
Mar 29, 20238 then
Private funds: no history
RAUM +241% over the last fiscal year+61% a year over threeIARs 7 to 7
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
Archetypes, each a printed rule
  • Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$55.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
34derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$573,437derivedHNW RAUM over HNW clients
Average account
$1.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
27%derivedof RAUM
Institutional
68%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.7derived6 offices incl. principal (1.F.5)
RAUM growth, one year
+241%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.3%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$377M68%
  • High-net-worth individuals$132M24%
  • Individuals$46.1M8.3%
  • Charitable organizations$3.0M0.5%
Individual clients
110reported
HNW clients
230reported
Pension plan clients
23reported
Charitable clients
n/areported
Accounts
364reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.32 fund_share=0.0 institutional_share=0.68 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
10 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
A••••• B•••••• M•••••Rockville, Md Jan 8, 200931 y1
J••••• F•••••• R••••••• I••Rockville, MdNov 11, 201132 y0
J••• A•••• W•••••••Chartered Financial ConsultantPittsburgh, Pa Apr 30, 201844 y2
E••••••• N•••• I••Rockville, Md Dec 12, 201936 y0
M••• R•••••• T•••••••Heathrow, Fl Apr 3, 202328 y0
H••••• R••••••• L••••Rockville, Md Dec 5, 202332 y0
M•••••• J•••• H••••Rockville, MdJan 7, 202513 y0
J••••• J• S••••••••Rockville, MdFeb 26, 202535 y1
R•••••• L•• S••••Alexandria, Va May 9, 202536 y1
Y•••••••• L•Chartered Financial AnalystRockville, MdJun 2, 202522 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
  • R••••••• I••• J•••••• F•••••• · President, Chief Compliance Officer & Chief Investment Officercontrol
    since 06/1996 · owns 75% or more
Related persons
Schedule D 7.A
  • J• S•••••••• • C••
    insurancen
  • M••••• • A••••••••• L••
    insurancen
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Rockville, Md · principal1000
Pittsburgh, Pa200
Offices
Schedule D 1.F, the 25 largest
  • Coraopolis, PA2 employees
  • , 1 employees
ADV anomalies
8 against comparable advisers; where to look, not conclusions
  • RAUM up clients flatCombination · filing Mar 26, 2026
    RAUM grew 50 percent or more while private clients stayed within 5 percent: existing clients grew, a few large clients arrived, or a reporting change. RAUM $163,700,173 to $557,546,297, advisors 7 to 7, private clients 339 to 340, offices 5 to 5 (2025-03-20 to 2026-03-26)
    peers: independent wealth managers, $500M to $1B (1,482)
  • wealth to institutional shiftCombination · filing Mar 26, 2026
    private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $163,700,173 to $557,546,297, advisors 7 to 7, private clients 339 to 340, offices 5 to 5 (2025-03-20 to 2026-03-26)
    peers: independent wealth managers, $500M to $1B (1,482)
  • high institutional concentrationStatic outlier · filing Mar 26, 2026
    institutional share of RAUM of 68% against a peer median of 2% (1482 comparable advisers, 99.0th percentile, 22.4 robust deviations)
    peers: independent wealth managers, $500M to $1B (1,482) · 99% percentile
  • HNW share shiftChange between filings · filing Mar 26, 2026
    HNW share of RAUM moved from 73.0% to 24.0% between the annual amendments of 2025-03-20 and 2026-03-26
    peers: independent wealth managers, $500M to $1B (1,482)
  • institutional asset share shiftChange between filings · filing Mar 26, 2026
    institutional share of RAUM moved from 0.0% to 68.0% between the annual amendments of 2025-03-20 and 2026-03-26
    peers: independent wealth managers, $500M to $1B (1,482)
  • discretionary share shiftChange between filings · filing Mar 26, 2026
    discretionary share of RAUM moved from 73.0% to 27.0% between the annual amendments of 2025-03-20 and 2026-03-26
    peers: independent wealth managers, $500M to $1B (1,482)
  • RAUM up 50 %Change between filings · filing Mar 26, 2026
    RAUM (Item 5.F) moved from $163,700,173 to $557,546,297 (+241.0%) between the annual amendments of 2025-03-20 and 2026-03-26; the peer median change was +16.0% (1385 comparable advisers, 99.0th percentile of changes)
    peers: independent wealth managers, $500M to $1B (1,385) · 99% percentile
  • client mix shiftChange between filings · filing Mar 26, 2026
    private-client share of RAUM moved from 100.0% to 32.0% between the annual amendments of 2025-03-20 and 2026-03-26
    peers: independent wealth managers, $500M to $1B (1,482)
What changed
consecutive filings, newest first
  • Accounts · 362 to 364
    Sep 12, 2025 to Mar 26, 2026
  • HNW clients · 231 to 230
    Sep 12, 2025 to Mar 26, 2026
  • Individual clients · 108 to 110
    Sep 12, 2025 to Mar 26, 2026
  • Other offices · 6 to 5
    Sep 12, 2025 to Mar 26, 2026
  • Discretionary RAUM · $127M to $151M
    Sep 12, 2025 to Mar 26, 2026
  • HNW RAUM · $120M to $132M
    Sep 12, 2025 to Mar 26, 2026
  • Individual RAUM · $44.2M to $46.1M
    Sep 12, 2025 to Mar 26, 2026
  • Non-discretionary RAUM · $380M to $407M
    Sep 12, 2025 to Mar 26, 2026
  • Pension RAUM · $343M to $377M
    Sep 12, 2025 to Mar 26, 2026
  • RAUM · $507M to $558M
    Sep 12, 2025 to Mar 26, 2026
  • Accounts · 339 to 362
    Mar 20, 2025 to Sep 12, 2025
  • Pension plan clients · unset to 23.0
    Mar 20, 2025 to Sep 12, 2025
  • Financial planning clients · 0 to 0
    Mar 20, 2025 to Sep 12, 2025
  • Other offices · 5 to 6
    Mar 20, 2025 to Sep 12, 2025
  • Discretionary RAUM · $120M to $127M
    Mar 20, 2025 to Sep 12, 2025
  • Non-discretionary RAUM · $44.0M to $380M
    Mar 20, 2025 to Sep 12, 2025
  • Pension RAUM · unset to 343379126.0
    Mar 20, 2025 to Sep 12, 2025
  • RAUM · $164M to $507M
    Mar 20, 2025 to Sep 12, 2025
  • Accounts · 332 to 339
    Dec 3, 2024 to Mar 20, 2025
  • Advisory employees · 4 to 7
    Dec 3, 2024 to Mar 20, 2025
  • HNW clients · 251 to 231
    Dec 3, 2024 to Mar 20, 2025
  • Individual clients · 81 to 108
    Dec 3, 2024 to Mar 20, 2025
  • State-registered IARs · 8 to 7
    Dec 3, 2024 to Mar 20, 2025
  • Other offices · 3 to 5
    Dec 3, 2024 to Mar 20, 2025
  • Discretionary RAUM · $102M to $120M
    Dec 3, 2024 to Mar 20, 2025
  • HNW RAUM · $102M to $120M
    Dec 3, 2024 to Mar 20, 2025
  • Individual RAUM · $38.8M to $44.2M
    Dec 3, 2024 to Mar 20, 2025
  • Non-discretionary RAUM · $40.9M to $44.0M
    Dec 3, 2024 to Mar 20, 2025
  • RAUM · $143M to $164M
    Dec 3, 2024 to Mar 20, 2025
  • Other offices · 4 to 3
    Mar 28, 2024 to Dec 3, 2024
  • Accounts · 263 to 332
    Oct 31, 2023 to Mar 27, 2024
  • Advisory employees · 3 to 4
    Oct 31, 2023 to Mar 27, 2024
  • HNW clients · 221 to 251
    Oct 31, 2023 to Mar 27, 2024
  • Individual clients · 21 to 81
    Oct 31, 2023 to Mar 27, 2024
  • Employees · 8 to 10
    Oct 31, 2023 to Mar 27, 2024
  • Financial planning clients · 1-10 to 0
    Oct 31, 2023 to Mar 27, 2024
  • Other offices · 3 to 4
    Oct 31, 2023 to Mar 27, 2024
  • Discretionary RAUM · $99.1M to $102M
    Oct 31, 2023 to Mar 27, 2024
  • HNW RAUM · $96.2M to $102M
    Oct 31, 2023 to Mar 27, 2024
  • Individual RAUM · $34.9M to $38.8M
    Oct 31, 2023 to Mar 27, 2024
Signals
3 dated events
  • Q•••••• F•••••••• A••••••• I•• reported RAUM $507.1M, up 210% from $163.7M (2025-03-20 to 2025-09-12)
    Sep 12, 2025 · RAUM change · derived
  • Q•••••• F•••••••• A••••••• I•• reported 10 state-registered advisory representatives, up from 0 (2012-07-16 to 2022-05-16)
    May 16, 2022 · Advisor headcount change · derived
  • Q•••••• F•••••••• A••••••• I•• filed its initial SEC registration (Form ADV)
    May 16, 2022 · First SEC registration · 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
Business phone
407-463-4778reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
301-296-6203reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
412-491-1963reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
LINKEDIN.COM/COMPANY/Q••••••-FINANCIAL-ADVISORSreportedpublic record, Form ADV, Sep 18, 2026
Website
QFAINC.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
301-296-6203reportedpublic record, Form ADV, Mar 26, 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
Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
RAUM per advisor
$55.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026