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
Swan Global Investments, LLC
Latest filing Mar 13, 2026
First filing on the tape Mar 28, 2012 · 26 filings
SEC status approved since Jan 4, 2010
RAUM
$2.4B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
16%
$392M individuals and HNW
Advisors
19
registered through the firm on IAPD
RAUM per advisor
$126M
derived; firm RAUM over IAPD count
Employees
17
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$2.4B as of Mar 13, 2026
Mar 28, 2012$109M then
HNW client RAUM$12.7M as of Mar 13, 2026
Feb 16, 2018$116M then
State-registered IARs (5.B.3)13 as of Mar 13, 2026
Mar 8, 20134 then
Employees (5.A)17 as of Mar 13, 2026
Mar 8, 20136 then
Private funds: no history
RAUM -0.8% over the last fiscal year+2.7% a year over threeIARs 13 to 13
Practice profile
derived from the filing of Mar 13, 2026; every figure names its basis
- RAUM per advisor
- $126MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 64derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $409,277derivedHNW RAUM over HNW clients
- Average account
- $1.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 0.9derivedItem 5.A over advisors
- Advisors per office
- 19.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -0.8%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -38%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companiesreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$2.0B84%
- Individuals$380M16%
- High-net-worth individuals$12.7M0.5%
- Individual clients
- 1,183reported
- HNW clients
- 31reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1,231reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.16 fund_share=0.84 institutional_share=0.0 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
19 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Randall William Swan | Durango, Co | Oct 19, 2000 | 30 y | 0 |
| Ethan Bates | Durango, Co | Mar 6, 2014 | 13 y | 0 |
| Patrick Lester Stiefel | Durango, Co | Mar 6, 2014 | 12 y | 0 |
| Marc Kootoku OdoCertified Financial Planner, Chartered Financial Analyst | Durango, Co | Apr 8, 2015 | 26 y | 1 |
| Chris Stephen Caswell | Durango, Co | Oct 2, 2015 | 13 y | 0 |
| Daniel Alexander Neagoy | Durango, Co | Jul 21, 2017 | 10 y | 0 |
| Eugene William Miller | Durango, Co | Nov 9, 2017 | 22 y | 0 |
| Dolores Fernandez WhelessPersonal Financial Specialist | Durango, Co | Feb 9, 2018 | 16 y | 1 |
| Zachary David Noonan | Durango, Co | Mar 14, 2019 | 13 y | 0 |
| Walter Scott Stepanek | Durango, Co | Sep 1, 2020 | 11 y | 0 |
| Jeffrey David Thomas | Milton, Ma | Feb 12, 2021 | 26 y | 2 |
| Alex Martin Prouty | Durango, Co | Oct 7, 2021 | 10 y | 0 |
| David Allen Whiteside | Durango, Co | Jul 26, 2022 | 14 y | 0 |
| Stephen Montana O'Connor-Seville | Durango, Co | Dec 8, 2022 | 12 y | 0 |
| Seth Christian Hiemstra | Portland, Mi | Jul 28, 2023 | 10 y | 1 |
| Christian John Swan | Durango, Co | Aug 29, 2023 | 13 y | 0 |
| Robert Bradley Swan | Durango, Co | Jan 1, 2025 | 27 y | 0 |
| Christopher Brian Hausman | Durango, Co | Jan 1, 2025 | 22 y | 1 |
| David Osborn Lovell | Durango, Co | Jan 2, 2025 | 11 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 headcount2 left over 36 months
Left, latest
- Stephen Thomas Bogosian to Beacon Capital Management, Inc.Mar 11, 2025 · RIA to RIA
- Brennan C Mccormack to Crestone Asset Management LLCOct 11, 2023 · RIA to RIA
- Angela V Harris to Hightower Advisors, LLCJul 7, 2023 · RIA to affiliated broker-dealer or bank
- Jay David Angotti to Hilltop Securities Inc.Mar 8, 2023 · RIA to affiliated broker-dealer or bank
- Micah John Wakefield to Brs Financial LLCApr 1, 2022 · RIA to RIA
- Justin Wesley Bates to Ica Group Wealth Management, LLCDec 23, 2021 · RIA to RIA
- Julie Elaine Warren Holton to Janney Montgomery Scott LLCJun 4, 2021 · RIA to affiliated broker-dealer or bank
- Christopher Hylen to Planning Alternatives LtdFeb 12, 2021 · RIA to RIA
- George Brooks Wrightnour to Park Avenue Securities LLCSep 2, 2020 · RIA to affiliated broker-dealer or bank
- Cynthia Susan Pelosi to MML Investors Services, LLCOct 4, 2019 · RIA to affiliated broker-dealer or bank
- Mason Billock to Invesco Advisers, Inc.Mar 26, 2019 · Other
- Kevin Joseph Gray to LPL Financial LLCJul 3, 2018 · RIA to RIA
- Christopher Charles Fox to RBC Capital Markets, LLCOct 26, 2017 · Other
- John Erik Olson to Wells Fargo AdvisorsJul 1, 2016 · Other
- James Patrick Pritchard to Donoghue Forlines LLCApr 2, 2013 · Other
Joined, latest
- Christopher Brian Hausman from Saliba Portfolio Management, LLCJan 1, 2025 · Other
- Brennan C Mccormack from Goldman Sachs Wealth Services, L.P.Aug 28, 2023 · Affiliated broker-dealer or bank to independent RIA
- Seth Christian Hiemstra from Centennial Securities Company IncJul 28, 2023 · RIA to RIA
- Angela V Harris from Merrill Lynch, Pierce, Fenner & Smith IncorporatedFeb 12, 2021 · Wirehouse to independent RIA
- Stephen Thomas Bogosian from Athenainvest Advisors LLCDec 18, 2020 · Other
- George Brooks Wrightnour from Park Avenue Securities LLCSep 16, 2019 · Affiliated broker-dealer or bank to independent RIA
- Christopher Hylen from LPL Financial LLCSep 24, 2018 · Other
- Dolores Fernandez Wheless from CovenantFeb 9, 2018 · Other
- Cynthia Susan Pelosi from Invest Financial CorporationNov 14, 2017 · Other
- Jeffrey David Thomas from Wbi Investments, LLCOct 6, 2017 · Other
- Julie Elaine Warren Holton from Bpv Capital Management, LLCJun 1, 2017 · Other
- Jay David Angotti from Park Avenue Securities LLCApr 12, 2016 · Other
- Kevin Joseph Gray from New York Life Investment Management LLCOct 21, 2015 · Other
- Christopher Charles Fox from Curian Capital, LLCOct 20, 2015 · Other
- John Erik Olson from Wbi Investments, LLCJun 25, 2015 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- William Randall Swan · Ceocontrolsince 06/1999 · owns less than 5%
- William Randall Swan · Ownercontrolsince 12/2014 · owns 50% to 75% of Swan Wealth Advisors Holdings, Inc
- Owen Bradley Ackerman · Chief Compliance Officersince 07/2018 · owns less than 5%
- Ethan Bates · Cfosince 10/2013 · owns less than 5%
- Bradley Robert Swan · Coosince 12/2014 · owns less than 5%
Entity owners
- Swan Global Holdings-US, LLC · Ownerdirect · owns 75% or more
- Swan Capital Management Holdings, Inc · Ownerindirect · owns 25% to 50% of Swan Global Holdings-US, LLC
- Swan Wealth Advisors Holdings, Inc · Ownerindirect · owns 25% to 50% of Swan Global Holdings-US, LLC
Related persons
Schedule D 7.A
- Swan Capital Management, LLCinvestment adviseryRAUM $1.3B
- Swan Global Managementinvestment adviseryRAUM $2.4B
- Swan Wealth Advisors, LLCinvestment adviseryRAUM $98.0M
Advisers that list Swan Global Investments, LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Durango, Co · principal | 17 | 0 | 0 | ||
| Dallas, Tx | 2 | 0 | 0 | ||
| Tampa, Fl | 2 | 0 | 0 | ||
| Denver, Co | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- clients down average size upCombination · filing Mar 13, 2026private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $2,406,792,590 to $2,388,188,410, advisors 13 to 13, private clients 1952 to 1214, offices 0 to 0 (2025-03-18 to 2026-03-13)peers: other advisers, $1B to $5B (247)
- account count collapseChange between filings · filing Mar 13, 2026accounts (Item 5.F.2.f) moved from 1,969.0 to 1,231.0 (-37.0%) between the annual amendments of 2025-03-18 and 2026-03-13; the peer median change was +1.0% (56 comparable advisers, 7.0th percentile of changes)peers: other advisers, $1B to $5B (56) · 7.3% percentile
What changed
consecutive filings, newest first
- Accounts · 1,969 to 1,231Mar 18, 2025 to Mar 13, 2026
- HNW clients · 23 to 31Mar 18, 2025 to Mar 13, 2026
- Individual clients · 1,929 to 1,183Mar 18, 2025 to Mar 13, 2026
- Discretionary RAUM · $2.4B to $2.4BMar 18, 2025 to Mar 13, 2026
- HNW RAUM · $95.1M to $12.7MMar 18, 2025 to Mar 13, 2026
- Individual RAUM · $598M to $380MMar 18, 2025 to Mar 13, 2026
- RAUM · $2.4B to $2.4BMar 18, 2025 to Mar 13, 2026
- Accounts · 2,483 to 1,969Mar 20, 2024 to Mar 18, 2025
- BD registered reps · 0 to 1Mar 20, 2024 to Mar 18, 2025
- HNW clients · 43 to 23Mar 20, 2024 to Mar 18, 2025
- Individual clients · 2,420 to 1,929Mar 20, 2024 to Mar 18, 2025
- Employees · 18 to 17Mar 20, 2024 to Mar 18, 2025
- Financial planning clients · unset to Mar 20, 2024 to Mar 18, 2025
- Discretionary RAUM · $2.1B to $2.4BMar 20, 2024 to Mar 18, 2025
- HNW RAUM · $7.3M to $95.1MMar 20, 2024 to Mar 18, 2025
- Individual RAUM · $711M to $598MMar 20, 2024 to Mar 18, 2025
- RAUM · $2.1B to $2.4BMar 20, 2024 to Mar 18, 2025
- Accounts · 3,144 to 2,483Mar 24, 2023 to Mar 20, 2024
- HNW clients · 38 to 43Mar 24, 2023 to Mar 20, 2024
- Individual clients · 3,086 to 2,420Mar 24, 2023 to Mar 20, 2024
- State-registered IARs · 15 to 13Mar 24, 2023 to Mar 20, 2024
- Discretionary RAUM · $2.2B to $2.1BMar 24, 2023 to Mar 20, 2024
- HNW RAUM · $8.2M to $7.3MMar 24, 2023 to Mar 20, 2024
- Individual RAUM · $689M to $711MMar 24, 2023 to Mar 20, 2024
- RAUM · $2.2B to $2.1BMar 24, 2023 to Mar 20, 2024
- Accounts · 2,974 to 3,144Oct 13, 2022 to Mar 24, 2023
- HNW clients · 32 to 38Oct 13, 2022 to Mar 24, 2023
- Individual clients · 2,922 to 3,086Oct 13, 2022 to Mar 24, 2023
- Employees · 16 to 18Oct 13, 2022 to Mar 24, 2023
- State-registered IARs · 14 to 15Oct 13, 2022 to Mar 24, 2023
- Discretionary RAUM · $2.5B to $2.2BOct 13, 2022 to Mar 24, 2023
- HNW RAUM · $11.7M to $8.2MOct 13, 2022 to Mar 24, 2023
- Individual RAUM · $883M to $689MOct 13, 2022 to Mar 24, 2023
- RAUM · $2.5B to $2.2BOct 13, 2022 to Mar 24, 2023
- Related insurance company · true to falseOct 13, 2022 to Mar 24, 2023
- Accounts · 2,898 to 2,974Mar 12, 2021 to Mar 15, 2022
- Advisory activities · 2 to 3Mar 12, 2021 to Mar 15, 2022
- Individual clients · 2,857 to 2,922Mar 12, 2021 to Mar 15, 2022
- Employees · 18 to 16Mar 12, 2021 to Mar 15, 2022
- State-registered IARs · 16 to 14Mar 12, 2021 to Mar 15, 2022
Signals
9 dated events
- Stephen Thomas Bogosian left Swan Global Investments, Llc for Beacon Capital Management, Inc. (registered 2025-04-24)Mar 11, 2025 · Advisor changed firm · fact
- Brennan C Mccormack left Swan Global Investments, Llc for Crestone Asset Management Llc (registered 2023-11-14)Oct 11, 2023 · Advisor changed firm · fact
- Angela V Harris left Swan Global Investments, Llc for Hightower Advisors, Llc (registered 2024-02-01)Jul 7, 2023 · Advisor changed firm · fact
- Jay David Angotti left Swan Global Investments, Llc for Hilltop Securities Inc. (registered 2023-02-27)Mar 8, 2023 · Advisor changed firm · fact
- Micah John Wakefield left Swan Global Investments, Llc for Brs Financial Llc (registered 2022-04-22)Apr 1, 2022 · Advisor changed firm · fact
- Swan Global Investments, Llc reported RAUM $2.2B, down 28% from $3.1B (2020-06-22 to 2021-03-12)Mar 12, 2021 · RAUM change · derived
- Swan Global Investments, Llc reported 8 state-registered advisory representatives, down from 18 (2018-07-17 to 2019-03-07)Mar 7, 2019 · Advisor headcount change · derived
- Swan Global Investments, Llc reported RAUM $5.0B, up 39% from $3.6B (2017-03-27 to 2018-02-16)Feb 16, 2018 · RAUM change · derived
- Swan Wealth Advisors, Inc. reported succeeding to the business of Another Adviser (Form ADV Item 4)Dec 5, 2014 · Succession (Item 4) · 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
- Website
- SWANGLOBALINVESTMENTS.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 970-382-8901reportedpublic record, Form ADV, Mar 13, 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
- Other adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $126Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026