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
American Trust Investment Advisors, LLC
Latest filing Sep 2, 2026
First filing on the tape Mar 26, 2012 · 24 filings
SEC status approved since Aug 6, 2001
RAUM
$303M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
33%
$100M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$152M
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$303M as of Mar 30, 2026
Mar 26, 2012$120M then
HNW client RAUM$79.5M as of Mar 30, 2026
Mar 29, 2018$48.8M then
State-registered IARs (5.B.3)2 as of Mar 30, 2026
Mar 26, 20120 then
Employees (5.A)4 as of Mar 30, 2026
Mar 28, 20134 then
Private funds: no history
RAUM -39% over the last fiscal year+2.4% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Sep 2, 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
- RAUM per advisor
- $152MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 42derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.0MderivedHNW RAUM over HNW clients
- Average account
- $1.6MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 67%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -39%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -34%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individualsreportedItem 5.G
- Custody
- $2.1M, 1 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)
- 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)
- 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
- Charitable organizations$203M67%
- High-net-worth individuals$79.5M26%
- Individuals$20.7M6.8%
- Individual clients
- 44reported
- HNW clients
- 39reported
- Pension plan clients
- n/areported
- Charitable clients
- 33reported
- Accounts
- 193reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $2.1M for 1 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.33 fund_share=0.0 institutional_share=0.67 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Paul Harker Collins | Lebanon, Nh | Feb 9, 2009 | 35 y | 1 |
| Anik Mutsuddy | Lebanon, Nh | Oct 20, 2023 | 10 y | 0 |
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
Left, latest
- Jeffrey Marc Harris to Jmh Wealth Management, LLCOct 31, 2003 · Other
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Neuland Stephanie Brill · Chief Compliance Officercontrolsince 02/2006 · owns less than 5%
- Carey Andrew Callaghan · Chief Investment Officercontrolsince 08/2006 · owns less than 5%
- Harker Paul Collins · Presidentcontrolsince 07/2001 · owns 75% or more
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 |
|---|---|---|---|---|---|
| Lebanon, Nh · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
6 against comparable advisers; where to look, not conclusions
- high institutional concentrationStatic outlier · filing Sep 2, 2026institutional share of RAUM of 67% against a peer median of 0% (5676 comparable advisers, 100.0th percentile, 22.5 robust deviations)peers: independent wealth managers, $100M to $500M (5,676) · 100% percentile
- wealth to institutional shiftCombination · filing Mar 30, 2026private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $497,259,027 to $303,477,345, advisors 2 to 2, private clients 125 to 83, offices 0 to 0 (2025-03-25 to 2026-03-30)peers: independent wealth managers, $100M to $500M (5,676)
- HNW share shiftChange between filings · filing Mar 30, 2026HNW share of RAUM moved from 55.0% to 26.0% between the annual amendments of 2025-03-25 and 2026-03-30peers: independent wealth managers, $100M to $500M (5,676)
- RAUM down 25 %Change between filings · filing Mar 30, 2026RAUM (Item 5.F) moved from $497,259,027 to $303,477,345 (-39.0%) between the annual amendments of 2025-03-25 and 2026-03-30; the peer median change was +15.0% (4550 comparable advisers, 1.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,550) · 0.9% percentile
- client mix shiftChange between filings · filing Mar 30, 2026private-client share of RAUM moved from 61.0% to 33.0% between the annual amendments of 2025-03-25 and 2026-03-30peers: independent wealth managers, $100M to $500M (5,676)
- institutional asset share shiftChange between filings · filing Mar 30, 2026institutional share of RAUM moved from 39.0% to 67.0% between the annual amendments of 2025-03-25 and 2026-03-30peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
- Financial planning clients · 0 to 0Mar 30, 2026 to Sep 2, 2026
- Succession · false to unsetMar 30, 2026 to Sep 2, 2026
- Accounts · 277 to 193May 23, 2025 to Mar 30, 2026
- Charity clients · 32 to 33May 23, 2025 to Mar 30, 2026
- HNW clients · 58 to 39May 23, 2025 to Mar 30, 2026
- Individual clients · 67 to 44May 23, 2025 to Mar 30, 2026
- Assets in custody · $1.9M to $2.1MMay 23, 2025 to Mar 30, 2026
- Employees · 5 to 4May 23, 2025 to Mar 30, 2026
- Discretionary RAUM · $497M to $303MMay 23, 2025 to Mar 30, 2026
- HNW RAUM · $274M to $79.5MMay 23, 2025 to Mar 30, 2026
- Individual RAUM · $30.5M to $20.7MMay 23, 2025 to Mar 30, 2026
- RAUM · $497M to $303MMay 23, 2025 to Mar 30, 2026
- Financial planning clients · 0 to 0Mar 25, 2025 to May 23, 2025
- Accounts · 260 to 277Mar 27, 2024 to Mar 25, 2025
- HNW clients · 47 to 58Mar 27, 2024 to Mar 25, 2025
- Individual clients · 68 to 67Mar 27, 2024 to Mar 25, 2025
- Assets in custody · $1.7M to $1.9MMar 27, 2024 to Mar 25, 2025
- Discretionary RAUM · $308M to $497MMar 27, 2024 to Mar 25, 2025
- HNW RAUM · $97.2M to $274MMar 27, 2024 to Mar 25, 2025
- Individual RAUM · $31.0M to $30.5MMar 27, 2024 to Mar 25, 2025
- RAUM · $308M to $497MMar 27, 2024 to Mar 25, 2025
- Accounts · 220 to 260Sep 27, 2023 to Mar 27, 2024
- Advisory activities · 2 to 1Sep 27, 2023 to Mar 27, 2024
- Charity clients · 25 to 32Sep 27, 2023 to Mar 27, 2024
- HNW clients · 45 to 47Sep 27, 2023 to Mar 27, 2024
- Individual clients · 56 to 68Sep 27, 2023 to Mar 27, 2024
- Assets in custody · $1.9M to $1.7MSep 27, 2023 to Mar 27, 2024
- Discretionary RAUM · $283M to $308MSep 27, 2023 to Mar 27, 2024
- HNW RAUM · $79.3M to $97.2MSep 27, 2023 to Mar 27, 2024
- Individual RAUM · $25.7M to $31.0MSep 27, 2023 to Mar 27, 2024
- RAUM · $283M to $308MSep 27, 2023 to Mar 27, 2024
- Advisory activities · 3 to 2Mar 23, 2023 to Sep 27, 2023
- Accounts · 214 to 220Sep 15, 2022 to Mar 23, 2023
- HNW clients · 47 to 45Sep 15, 2022 to Mar 23, 2023
- Individual clients · 55 to 56Sep 15, 2022 to Mar 23, 2023
- Assets in custody · $1.7M to $1.9MSep 15, 2022 to Mar 23, 2023
- Discretionary RAUM · $326M to $283MSep 15, 2022 to Mar 23, 2023
- HNW RAUM · $92.8M to $79.3MSep 15, 2022 to Mar 23, 2023
- Individual RAUM · $23.7M to $25.7MSep 15, 2022 to Mar 23, 2023
- RAUM · $326M to $283MSep 15, 2022 to Mar 23, 2023
Signals
2 dated events
- American Trust Investment Advisors, Llc reported RAUM $303.5M, down 39% from $497.3M (2025-05-23 to 2026-03-30)Mar 30, 2026 · RAUM change · derived
- American Trust Investment Advisors, Llc reported RAUM $497.3M, up 62% from $307.8M (2024-03-27 to 2025-03-25)Mar 25, 2025 · 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 email
- info@amertrust.comreportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 603-448-6415reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- AMERTRUST.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 603-448-6415reportedpublic record, Form ADV, Sep 2, 2026
- Contact form
- amertrust.com/contact-usreportedpublished by the firm, firm site, Sep 17, 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
- $152Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026