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

Broyhill Asset Management, LLC

Wealth manager with institutional or fund businessCharlotte, North CarolinaCRD 120462SEC 801-121859websiteIAPD
Latest filing Mar 13, 2026
First filing on the tape Jan 20, 2012 · 23 filings
SEC status approved since Jul 23, 2021
RAUM
$205M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
49%
$99.7M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$68.2M
derived; firm RAUM over IAPD count
Employees
6
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$205M as of Mar 13, 2026
Mar 29, 2012$97.8M then
HNW client RAUM$96.1M as of Mar 13, 2026
Mar 25, 2022$35.0M then
State-registered IARs (5.B.3)3 as of Mar 13, 2026
Mar 29, 20120 then
Employees (5.A)6 as of Mar 13, 2026
Mar 28, 20135 then
Private funds3 as of Mar 13, 2026
Mar 29, 20129 then
RAUM -9.1% over the last fiscal year+11% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 13, 2026; every figure names its basis
Archetypes, each a printed rule
RAUM per advisor
$68.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
29derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.2MderivedHNW RAUM over HNW clients
Average account
$2.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
19%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-9.1%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-9.4%derived
Compensation
percentage of assets, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, selection of other advisers, otherreportedItem 5.G
Custody
$21.6M, 3 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$96.1M47%
  • Investment companies$38.9M19%
  • Charitable organizations$38.8M19%
  • Pooled investment vehicles$27.1M13%
  • Individuals$3.6M1.7%
Individual clients
9reported
HNW clients
78reported
Pension plan clients
n/areported
Charitable clients
1reported
Accounts
91reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$21.6M for 3 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.49 fund_share=0.32 institutional_share=0.19 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Christopher Rocco PaveseChartered Financial AnalystCharlotte, NcOct 30, 200818 y0
Andrea Marie SeflerChartered Financial AnalystCharlotte, NcApr 23, 201816 y0
Patrick WellsChartered Financial AnalystCharlotte, NcMay 7, 202410 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
Joined, latest
Private funds
11 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Capital South Partners Fund IIno longer reportedPrivate Equity Fund$57.5M66Mar 2, 2012
Captial South Partners Fund IIIno longer reportedPrivate Equity Fund$38.3M99Mar 2, 2012
Surety Partners, LLCno longer reportedHedge Fund$23.6M31Mar 2, 2012
Broyhill Affinty Fund, LLCno longer reportedHedge Fund$22.1M26Mar 2, 2012
Broyhill Partners, LPHedge Fund$16.8M13Mar 28, 2023
Capital South Partners Fundno longer reportedPrivate Equity Fund$16.7M33Mar 2, 2012
The Broyhill All Weather Fund LPno longer reportedHedge Fund$15.6M28Mar 2, 2012
P.B. Realty, LLCno longer reportedReal Estate Fund$14.1M165Mar 2, 2012
Bam Credit Opportunities FundOther Private Fund$11.4M14Jun 24, 2021
Helvetica Flagship Fund I LLCno longer reportedReal Estate Fund$5.2M3Mar 2, 2012
Broyhill Partners, LLCno longer reportedPrivate Equity Fund$85,15210Mar 2, 2012
Owners and control persons
Schedule A and B, latest filing
  • Hunt Markham Broyhill · Chairman/Ownercontrol
    since 08/1998 · owns 10% to 25%
  • Andrew Kyle Minges · Chief Operating Officer/Chief Compliance Officercontrol
    since 11/2023 · owns less than 5%
  • Rocco Christopher Pavese · President & Chief Investment Officercontrol
    since 08/2022 · owns 75% or more
Related persons
Schedule D 7.A
  • Broyhill Partners Gp, LLC
    pooled vehicle sponsorn
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Charlotte, Nc · principal300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • private fund count surgeChange between filings · filing Mar 13, 2026
    private funds (Schedule D 7.B.1) moved from 2.0 to 3.0 (+50.0%) between the annual amendments of 2025-03-26 and 2026-03-13; the peer median change was 0.0% (126 comparable advisers, 90.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (126) · 90% percentile
What changed
consecutive filings, newest first
  • Accounts · 100 to 91
    Oct 21, 2025 to Feb 25, 2026
  • HNW clients · 86 to 78
    Oct 21, 2025 to Feb 25, 2026
  • Individual clients · 10 to 9
    Oct 21, 2025 to Feb 25, 2026
  • Assets in custody · $21.1M to $21.6M
    Oct 21, 2025 to Feb 25, 2026
  • Employees · 7 to 6
    Oct 21, 2025 to Feb 25, 2026
  • Discretionary RAUM · $210M to $204M
    Oct 21, 2025 to Feb 25, 2026
  • HNW RAUM · $115M to $96.1M
    Oct 21, 2025 to Feb 25, 2026
  • Individual RAUM · $3.6M to $3.6M
    Oct 21, 2025 to Feb 25, 2026
  • Non-discretionary RAUM · $14.7M to $156,508
    Oct 21, 2025 to Feb 25, 2026
  • Pooled vehicle RAUM · $29.9M to $27.1M
    Oct 21, 2025 to Feb 25, 2026
  • RAUM · $225M to $205M
    Oct 21, 2025 to Feb 25, 2026
  • Assets in custody · $25.4M to $21.1M
    Mar 26, 2025 to Oct 21, 2025
  • Private funds · 2 to 3
    Mar 26, 2025 to Oct 21, 2025
  • Accounts · 83 to 100
    May 23, 2024 to Mar 26, 2025
  • Advisory employees · 3 to 4
    May 23, 2024 to Mar 26, 2025
  • Advisory activities · 3 to 6
    May 23, 2024 to Mar 26, 2025
  • HNW clients · 68 to 86
    May 23, 2024 to Mar 26, 2025
  • Individual clients · 11 to 10
    May 23, 2024 to Mar 26, 2025
  • Assets in custody · $25.4M to $25.4M
    May 23, 2024 to Mar 26, 2025
  • Employees · 5 to 7
    May 23, 2024 to Mar 26, 2025
  • Financial planning clients · unset to
    May 23, 2024 to Mar 26, 2025
  • State-registered IARs · 2 to 3
    May 23, 2024 to Mar 26, 2025
  • Discretionary RAUM · $191M to $210M
    May 23, 2024 to Mar 26, 2025
  • HNW RAUM · $79.7M to $115M
    May 23, 2024 to Mar 26, 2025
  • Individual RAUM · $3.8M to $3.6M
    May 23, 2024 to Mar 26, 2025
  • Non-discretionary RAUM · $512,385 to $14.7M
    May 23, 2024 to Mar 26, 2025
  • Pooled vehicle RAUM · $28.2M to $29.9M
    May 23, 2024 to Mar 26, 2025
  • RAUM · $192M to $225M
    May 23, 2024 to Mar 26, 2025
  • Accounts · 88 to 83
    Nov 29, 2023 to Mar 28, 2024
  • Corporate clients · 5.0 to unset
    Nov 29, 2023 to Mar 28, 2024
  • HNW clients · 26 to 68
    Nov 29, 2023 to Mar 28, 2024
  • Individual clients · 12 to 11
    Nov 29, 2023 to Mar 28, 2024
  • Pension plan clients · 0.0 to unset
    Nov 29, 2023 to Mar 28, 2024
  • Assets in custody · $8.3M to $25.4M
    Nov 29, 2023 to Mar 28, 2024
  • Discretionary RAUM · $148M to $191M
    Nov 29, 2023 to Mar 28, 2024
  • HNW RAUM · $42.7M to $79.7M
    Nov 29, 2023 to Mar 28, 2024
  • Individual RAUM · $4.1M to $3.8M
    Nov 29, 2023 to Mar 28, 2024
  • Non-discretionary RAUM · $223,668 to $512,385
    Nov 29, 2023 to Mar 28, 2024
  • Pension RAUM · 0.0 to unset
    Nov 29, 2023 to Mar 28, 2024
  • Pooled vehicle RAUM · $8.3M to $28.2M
    Nov 29, 2023 to Mar 28, 2024
Signals
5 dated events
  • Andrew Kyle Minges (Chief Compliance Officer/Chief Financial Officer/Chief Operating Officer) appeared on Schedule A of Broyhill Asset Management, Llc
    Nov 29, 2023 · Control person joined · fact
  • Marie Andrea Sefler (Chief Compliance Officer) no longer on Schedule A of Broyhill Asset Management, Llc (listed 2023-06-30, absent 2023-11-29)
    Nov 29, 2023 · Control person left · inference
  • Reven Michael Hensen (Outsourced Chief Financial Officer) no longer on Schedule A of Broyhill Asset Management, Llc (listed 2023-06-30, absent 2023-11-29)
    Nov 29, 2023 · Control person left · inference
  • Reven Michael Hensen (Outsourced Chief Financial Officer) appeared on Schedule A of Broyhill Asset Management, Llc
    Nov 18, 2022 · Control person joined · fact
  • Broyhill Asset Management, Llc filed its initial SEC registration (Form ADV)
    Jun 24, 2021 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business phone
828-610-5360reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
LINKEDIN.COM/COMPANY/BROYHILL-ASSET-MANAGEMENTreportedpublic record, Form ADV, Sep 17, 2026
Website
BROYHILLASSET.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
828-610-5360reportedpublic 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
Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
RAUM per advisor
$68.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026
Across the graphs

Broyhill Asset Management, LLC is the same institution as 1 record in Real Estate Funds.

Real Estate Funds1

Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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