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.
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SEC-registered adviser
S•••••••• W••••• M••••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 32 filings
SEC status approved since May 28, 2002
RAUM
$1.4B
reported, Item 5.F
Discretionary
28%
of RAUM
Private clients
92%
$1.3B individuals and HNW
Advisors
11
registered through the firm on IAPD
RAUM per advisor
$130M
derived; firm RAUM over IAPD count
Employees
19
11 advisory (5.B.1)
Offices
12
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$1.4B as of Mar 31, 2026
Mar 30, 2012$440M then
HNW client RAUM$1.3B as of Mar 31, 2026
Mar 15, 2018$596M then
State-registered IARs (5.B.3)11 as of Mar 31, 2026
Mar 30, 20120 then
Employees (5.A)19 as of Mar 31, 2026
Mar 28, 201314 then
Private funds: no history
RAUM +19% over the last fiscal year+17% a year over threeIARs 12 to 11
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
- RAUM per advisor
- $130MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 29derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $5.4MderivedHNW RAUM over HNW clients
- Average account
- $815,510derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 28%derivedof RAUM
- Institutional
- 7.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.7derivedItem 5.A over advisors
- Advisors per office
- 0.8derived13 offices incl. principal (1.F.5)
- RAUM growth, one year
- +19%derivedbetween the last two annual amendments
- Advisor growth, one year
- -8.3%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -45%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $207M, 76 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.3B88%
- Individuals$66.8M4.7%
- Insurance companies$60.2M4.2%
- Pension and profit-sharing plans$48.2M3.4%
- Individual clients
- 84reported
- HNW clients
- 234reported
- Pension plan clients
- 7reported
- Charitable clients
- 0reported
- Accounts
- 1,755reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- noreported
- Custody of client assets
- $207M for 76 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.92 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
11 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| J••• R•••••• S•••••••• | Buffalo, Ny | Oct 10, 2013 | 27 y | 0 |
| J••• S•••••••• G••••Certified Financial Planner | Buffalo, Ny | Aug 19, 2021 | 27 y | 0 |
| T•••••• J• D•••••Certified Financial Planner | Buffalo, Ny | Aug 22, 2021 | 15 y | 0 |
| C•••• J•••••••Certified Financial Planner | Buffalo, Ny | Aug 25, 2021 | 27 y | 0 |
| J••••• R•••••• S••••••••Certified Financial Planner | Buffalo, Ny | Aug 25, 2021 | 25 y | 0 |
| J•••• L••••••••• W•••••Certified Financial Planner | Buffalo, Ny | Aug 29, 2021 | 25 y | 0 |
| P•••••• M••• F•••••••Chartered Financial Analyst | Buffalo, Ny | Sep 22, 2021 | 12 y | 0 |
| C••• M•••••• B•••• | Buffalo, Ny | Oct 13, 2021 | 25 y | 0 |
| E••• R• K••••Certified Financial Planner | Buffalo, Ny | Nov 23, 2021 | 15 y | 0 |
| A••••• A••••••• D•••••• G••••••••• | Buffalo, Ny | Feb 2, 2023 | 12 y | 1 |
| T••••• W••••••Certified Financial Planner | Denver, Co | Sep 30, 2025 | 13 y | 0 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 9.1% of current headcount1 left over 36 months
Left, latest
- J••••• P••• B•••••• to F••••Dec 1, 2025 · RIA to RIA
- S••• M•••••• C•••••• to C•••• W••••• G•••• L••Jul 15, 2022 · RIA to RIA
Joined, latest
- A••••• A••••••• D•••••• G••••••••• from N••• A•••••••• L••Feb 2, 2023 · RIA to RIA
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- B••••• C•••• M•••••• · Controllercontrolsince 06/2001 · owns less than 5%
- D•••••• T••••••• J• · Director Of Wealth Managementcontrolsince 07/2021 · owns less than 5%
- G••••• J•••• S•••••••• · Chief Operations Officer And Chief Investment Officercontrolsince 06/2007 · owns less than 5%
- J•••••••• C•••• · Director Of Client Engagementcontrolsince 07/2021 · owns less than 5%
- S••••••••• J•••• R•••••• · Member And Chairmancontrolsince 06/2001 · owns 75% or more
- S••••••••• J•••••• R•••••• · Chief Executive Officercontrolsince 07/2021 · owns less than 5%
- W•••••• J••••• L••••••••• · Member, Chief Financial Officer And Chief Compliance Officercontrolsince 06/2001 · owns 10% to 25%
Related persons
Schedule D 7.A
- S•••••••• W••••• M••••••••• C•••• L••insurancen
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Buffalo, Ny · principal | 11 | 1 | 1 |
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
ADV anomalies
4 against comparable advisers; where to look, not conclusions
- clients down average size upCombination · filing Mar 31, 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 $1,201,236,328 to $1,431,219,990, advisors 12 to 11, private clients 583 to 318, offices 12 to 12 (2025-03-25 to 2026-03-31)peers: independent wealth managers, $1B to $5B (1,362)
- control person changedChange between filings · filing Mar 31, 2026D•••••• T••••••• J• (DIRECTOR OF WEALTH MANAGEMENT) appeared on Schedule A between the filings of 2023-01-18 and 2026-03-31peers: independent wealth managers, $1B to $5B (1,362)
- control person changedChange between filings · filing Mar 31, 2026J•••••••• C•••• (DIRECTOR OF CLIENT ENGAGEMENT) appeared on Schedule A between the filings of 2023-01-18 and 2026-03-31peers: independent wealth managers, $1B to $5B (1,362)
- client count collapseChange between filings · filing Mar 31, 2026individual and HNW clients (Item 5.D) moved from 583.0 to 318.0 (-45.0%) between the annual amendments of 2025-03-25 and 2026-03-31; the peer median change was +5.0% (1132 comparable advisers, 1.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,132) · 1.1% percentile
What changed
consecutive filings, newest first
- Accounts · 1,823 to 1,755Sep 30, 2025 to Mar 31, 2026
- Advisory employees · 12 to 11Sep 30, 2025 to Mar 31, 2026
- HNW clients · 210 to 234Sep 30, 2025 to Mar 31, 2026
- Individual clients · 373 to 84Sep 30, 2025 to Mar 31, 2026
- Assets in custody · $180M to $207MSep 30, 2025 to Mar 31, 2026
- Financial planning clients · 11-25 to 51-100Sep 30, 2025 to Mar 31, 2026
- State-registered IARs · 12 to 11Sep 30, 2025 to Mar 31, 2026
- Discretionary RAUM · $322M to $397MSep 30, 2025 to Mar 31, 2026
- HNW RAUM · $1.1B to $1.3BSep 30, 2025 to Mar 31, 2026
- Individual RAUM · $71.2M to $66.8MSep 30, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $880M to $1.0BSep 30, 2025 to Mar 31, 2026
- Pension RAUM · $44.0M to $48.2MSep 30, 2025 to Mar 31, 2026
- RAUM · $1.2B to $1.4BSep 30, 2025 to Mar 31, 2026
- Accounts · 1,692 to 1,823Oct 15, 2024 to Mar 25, 2025
- Advisory employees · 13 to 12Oct 15, 2024 to Mar 25, 2025
- HNW clients · 193 to 210Oct 15, 2024 to Mar 25, 2025
- Individual clients · 157 to 373Oct 15, 2024 to Mar 25, 2025
- Pension plan clients · 6 to 7Oct 15, 2024 to Mar 25, 2025
- Assets in custody · $183M to $180MOct 15, 2024 to Mar 25, 2025
- Financial planning clients · 11-25 to 11-25Oct 15, 2024 to Mar 25, 2025
- State-registered IARs · 11 to 12Oct 15, 2024 to Mar 25, 2025
- Discretionary RAUM · $183M to $322MOct 15, 2024 to Mar 25, 2025
- HNW RAUM · $976M to $1.1BOct 15, 2024 to Mar 25, 2025
- Individual RAUM · $66.8M to $71.2MOct 15, 2024 to Mar 25, 2025
- Non-discretionary RAUM · $933M to $880MOct 15, 2024 to Mar 25, 2025
- Pension RAUM · $37.6M to $44.0MOct 15, 2024 to Mar 25, 2025
- RAUM · $1.1B to $1.2BOct 15, 2024 to Mar 25, 2025
- Accounts · 1,652 to 1,692Jan 31, 2024 to Mar 22, 2024
- Advisory employees · 11 to 13Jan 31, 2024 to Mar 22, 2024
- HNW clients · 166 to 193Jan 31, 2024 to Mar 22, 2024
- Individual clients · 149 to 157Jan 31, 2024 to Mar 22, 2024
- Pension plan clients · 5 to 6Jan 31, 2024 to Mar 22, 2024
- Assets in custody · $112M to $183MJan 31, 2024 to Mar 22, 2024
- Employees · 17 to 19Jan 31, 2024 to Mar 22, 2024
- Financial planning clients · 26-50 to 11-25Jan 31, 2024 to Mar 22, 2024
- Other offices · 1 to 12Jan 31, 2024 to Mar 22, 2024
- Discretionary RAUM · $117M to $183MJan 31, 2024 to Mar 22, 2024
- HNW RAUM · $774M to $976MJan 31, 2024 to Mar 22, 2024
- Individual RAUM · $64.7M to $66.8MJan 31, 2024 to Mar 22, 2024
- Non-discretionary RAUM · $782M to $933MJan 31, 2024 to Mar 22, 2024
Signals
9 dated events
- J••••• P••• B•••••• left S•••••••• W••••• M••••••••• L•• for Facet (registered 2026-03-27)Dec 1, 2025 · Advisor changed firm · fact
- S•••••••• W••••• M••••••••• L•• reported 12 offices beyond its principal office, up from 1 (2024-01-31 to 2024-03-22)Mar 22, 2024 · Office count change · derived
- Raymond John Sanderson (Member And Chairman) appeared on Schedule A of S•••••••• W••••• M••••••••• L••Jan 18, 2023 · Control person joined · fact
- M•••••• S••• C•••••• (Chief Compliance Officer) no longer on Schedule A of S•••••••• W••••• M••••••••• L•• (listed 2022-03-24, absent 2023-01-18)Jan 18, 2023 · Control person left · inference
- S••• M•••••• C•••••• left S•••••••• W••••• M••••••••• L•• for C•••• W••••• G•••• L•• (registered 2022-07-11)Jul 15, 2022 · Advisor changed firm · fact
- S•••••••• W••••• M••••••••• L•• reported 10 state-registered advisory representatives, up from 0 (2021-09-20 to 2022-03-24)Mar 24, 2022 · Advisor headcount change · derived
- Raymond John Sanderson (Managing Member) no longer on Schedule A of S•••••••• W••••• M••••••••• L•• (listed 2021-03-30, absent 2021-09-20)Sep 20, 2021 · Control person left · inference
- M•••••• S••• C•••••• (Chief Compliance Officer) appeared on Schedule A of S•••••••• W••••• M••••••••• L••Sep 20, 2021 · Control person joined · fact
- Salvatore John Gullo (Chief Operations Officer And Chief Investment Officer) appeared on Schedule A of S•••••••• W••••• M••••••••• L••Sep 20, 2021 · Control person joined · 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
- 716-566-2410reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 716-566-2420reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/S••••••••-WEALTHMANAGEMENTreportedpublic record, Form ADV, Sep 18, 2026
- Website
- S••••••••LLC.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 716-566-2420reportedpublic record, Form ADV, Mar 31, 2026
- Team page
- s•••••••••.comreportedpublished by the firm, firm site, Sep 15, 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
- $130Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026