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
Sage Investment Counsel
Legal name Sage Investment Counsel LLC
Latest filing Mar 3, 2026
First filing on the tape May 5, 2021 · 12 filings
SEC status approved since Jun 4, 2021
RAUM
$165M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$165M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$41.1M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$165M as of Mar 3, 2026
Mar 15, 2022$129M then
HNW client RAUM$154M as of Mar 3, 2026
Mar 15, 2022$121M then
State-registered IARs (5.B.3)4 as of Mar 3, 2026
Mar 15, 20224 then
Employees (5.A)4 as of Mar 3, 2026
Mar 15, 20224 then
Private funds: no history
RAUM +14% over the last fiscal year+11% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 3, 2026; every figure names its basis
Archetypes, each a printed rule
- 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
- $41.1MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 20derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.7MderivedHNW RAUM over HNW clients
- Average account
- $725,085derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived2 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
- +14%derived
- Compensation
- percentage of assets, fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, selection of other advisers, otherreportedItem 5.G
- Custody
- $72.4M, 35 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$154M93%
- Individuals$10.8M6.6%
- Individual clients
- 46reported
- HNW clients
- 33reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 227reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $72.4M for 35 clientsreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| William Dirk Calvin | Franklin, Tn | Feb 8, 2010 | 42 y | 2 |
| Jonathan Hardy Henderson | Nashville, Tn | Nov 26, 2019 | 19 y | 3 |
| John Michael Denney | Franklin, Tn | Jun 11, 2020 | 46 y | 1 |
| Jackson Gunn Calvin | Franklin, Tn | Oct 16, 2020 | 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
- Charlotte Gafford Mabry to Delphi Wealth Management LLCDec 31, 2020 · RIA to a state-registered adviser
Joined, latest
- John Michael Denney from &PartnersJun 11, 2020 · RIA to RIA
- Jonathan Hardy Henderson from Osaic Wealth, Inc.Nov 26, 2019 · Affiliated broker-dealer or bank to independent RIA
- Charlotte Gafford Mabry from &PartnersJun 3, 2004 · Other
- William Dirk Calvin from &PartnersJun 3, 2004 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Gunn Jackson Calvin · Member/Chief Compliance Officer/Chief Financial Officercontrolsince 02/2022 · owns 5% to 10%
- Dirk William Calvin · Member/Chief Executive Officercontrolsince 01/2021 · owns 75% or more
Related persons
Schedule D 7.A
- Jonathan H. Henderson, J.D.n
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Franklin, Tn · principal | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
What changed
consecutive filings, newest first
- Accounts · 195 to 227Feb 18, 2026 to Mar 3, 2026
- HNW clients · 30 to 33Feb 18, 2026 to Mar 3, 2026
- Individual clients · 39 to 46Feb 18, 2026 to Mar 3, 2026
- Assets in custody · $65.1M to $72.4MFeb 18, 2026 to Mar 3, 2026
- Discretionary RAUM · $144M to $165MFeb 18, 2026 to Mar 3, 2026
- HNW RAUM · $134M to $154MFeb 18, 2026 to Mar 3, 2026
- Individual RAUM · $10.1M to $10.8MFeb 18, 2026 to Mar 3, 2026
- RAUM · $144M to $165MFeb 18, 2026 to Mar 3, 2026
- Accounts · 192 to 195Nov 27, 2024 to Mar 11, 2025
- Advisory activities · 4 to 5Nov 27, 2024 to Mar 11, 2025
- HNW clients · 32 to 30Nov 27, 2024 to Mar 11, 2025
- Individual clients · 36 to 39Nov 27, 2024 to Mar 11, 2025
- Assets in custody · $61.1M to $65.1MNov 27, 2024 to Mar 11, 2025
- Financial planning clients · unset to 0Nov 27, 2024 to Mar 11, 2025
- Discretionary RAUM · $130M to $144MNov 27, 2024 to Mar 11, 2025
- HNW RAUM · $121M to $134MNov 27, 2024 to Mar 11, 2025
- Individual RAUM · $8.5M to $10.1MNov 27, 2024 to Mar 11, 2025
- RAUM · $130M to $144MNov 27, 2024 to Mar 11, 2025
- Accounts · 171 to 192Mar 17, 2023 to Mar 11, 2024
- HNW clients · 24 to 32Mar 17, 2023 to Mar 11, 2024
- Individual clients · 28 to 36Mar 17, 2023 to Mar 11, 2024
- Assets in custody · $59.6M to $61.1MMar 17, 2023 to Mar 11, 2024
- Discretionary RAUM · $121M to $130MMar 17, 2023 to Mar 11, 2024
- HNW RAUM · $112M to $121MMar 17, 2023 to Mar 11, 2024
- Individual RAUM · $9.3M to $8.5MMar 17, 2023 to Mar 11, 2024
- RAUM · $121M to $130MMar 17, 2023 to Mar 11, 2024
- Accounts · 147 to 171Oct 11, 2022 to Mar 17, 2023
- HNW clients · 21 to 24Oct 11, 2022 to Mar 17, 2023
- Individual clients · 38 to 28Oct 11, 2022 to Mar 17, 2023
- Assets in custody · $54.9M to $59.6MOct 11, 2022 to Mar 17, 2023
- Discretionary RAUM · $129M to $121MOct 11, 2022 to Mar 17, 2023
- HNW RAUM · $121M to $112MOct 11, 2022 to Mar 17, 2023
- Individual RAUM · $8.3M to $9.3MOct 11, 2022 to Mar 17, 2023
- RAUM · $129M to $121MOct 11, 2022 to Mar 17, 2023
- Assets in custody · unset to 54889790.0Mar 15, 2022 to Sep 28, 2022
- Custody of client assets · false to trueMar 15, 2022 to Sep 28, 2022
- Accounts · 132 to 147Jul 15, 2021 to Mar 15, 2022
- Advisory activities · 3 to 4Jul 15, 2021 to Mar 15, 2022
- HNW clients · 18 to 21Jul 15, 2021 to Mar 15, 2022
- Individual clients · 32 to 38Jul 15, 2021 to Mar 15, 2022
Signals
2 dated events
- Gunn Jackson Calvin (Member/Vice President/Chief Compliance Officer/Chief Financial Officer) appeared on Schedule A of Sage Investment CounselMar 15, 2022 · Control person joined · fact
- Sage Investment Counsel filed its initial SEC registration (Form ADV)May 5, 2021 · 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
- 615-591-1210reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- SAGEINV.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 615-591-1210reportedpublic record, Form ADV, Mar 3, 2026
- Contact form
- sageinv.com/contactreportedpublished 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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $41.1Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026