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
Whitcomb & Hess, Inc.
Latest filing Feb 25, 2026
First filing on the tape Mar 6, 2012 · 38 filings
SEC status approved since Nov 8, 2013
RAUM
$491M
reported, Item 5.F
Discretionary
88%
of RAUM
Private clients
91%
$445M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$61.3M
derived; firm RAUM over IAPD count
Employees
31
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
38 filings and snapshots on the tape
RAUM$491M as of Feb 25, 2026
May 2, 2012$80.7M then
HNW client RAUM$249M as of Feb 25, 2026
Mar 16, 2018$49.7M then
State-registered IARs (5.B.3)8 as of Feb 25, 2026
May 2, 20120 then
Employees (5.A)31 as of Feb 25, 2026
Jan 28, 201422 then
Private funds: no history
RAUM +29% over the last fiscal year+18% a year over threeIARs 7 to 8
Practice profile
derived from the filing of Feb 25, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- RAUM per advisor
- $61.3MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 167derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.4MderivedHNW RAUM over HNW clients
- Average account
- $175,250derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 88%derivedof RAUM
- Institutional
- 9.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.9derivedItem 5.A over advisors
- Advisors per office
- 8.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +29%derivedbetween the last two annual amendments
- Advisor growth, one year
- +14%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +4.0%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, publications, educational seminarsreportedItem 5.G
- Custody
- $481M, 1,358 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$249M51%
- Individuals$196M40%
- Pension and profit-sharing plans$35.8M7.3%
- Charitable organizations$8.2M1.7%
- Corporations and businesses$1.3M0.3%
- Individual clients
- 1,231reported
- HNW clients
- 106reported
- Pension plan clients
- 14reported
- Charitable clients
- 12reported
- Accounts
- 2,800reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- $481M for 1,358 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.91 fund_share=0.0 institutional_share=0.09 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Aaron Lee BatesCertified Financial Planner | Ashland, Oh | Mar 18, 2004 | 22 y | 0 |
| Tracy L Wells | Ashland, Oh | Jan 11, 2012 | 26 y | 0 |
| Christopher Ryan NadlerCertified Financial Planner | Ashland, Oh | Oct 10, 2016 | 15 y | 2 |
| Tammy Lynn Higgins | Ashland, Oh | Dec 15, 2016 | 11 y | 0 |
| Ryan Timothy GilmerChartered Financial Analyst | Ashland, Oh | Nov 6, 2019 | 20 y | 2 |
| Matthew Tracey LefelhocCertified Financial Planner | Ashland, Oh | May 17, 2021 | 16 y | 0 |
| Jacob Frederick Jones | Ashland, Oh | Apr 17, 2025 | 11 y | 0 |
| Antonio Rhodes | Ashland, Oh | Jul 23, 2025 | 11 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 headcount1 left over 36 months
Left, latest
- Timothy P Hilterman to Whitaker-Myers Wealth Managers, Ltd.Dec 9, 2024 · RIA to RIA
- Christopher Wayne Bevington to Lighthouse Wealth Management, Inc.Sep 4, 2018 · RIA to RIA
- Jacob Scott Buckwalter to Whitaker-Myers Wealth Managers, Ltd.Mar 5, 2018 · Other
- Ryan Timothy Gilmer to Valmark Advisers, Inc.Sep 16, 2016 · Other
- Timothy James Rowsey to Lighthouse Wealth Management, Inc.Aug 11, 2011 · Other
Joined, latest
- Ryan Timothy Gilmer from Valmark Advisers, Inc.Nov 6, 2019 · Affiliated broker-dealer or bank to independent RIA
- Jacob Scott Buckwalter from Strategic Advisers LLCAug 31, 2017 · Other
- Timothy P Hilterman from Merrill Lynch, Pierce, Fenner & Smith IncorporatedAug 18, 2017 · Other
- Christopher Ryan Nadler from Raymond James Financial Services Advisors, IncOct 10, 2016 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Lee Aaron Bates · Secretarycontrolsince 08/2011 · owns 10% to 25%
- Timothy Ryan Gilmer · Cco And Chief Investment Officercontrolsince 11/2019 · owns 10% to 25%
- Howard James Hess · Presidentcontrolsince 02/1983 · owns 25% to 50%
- Neil Hinkle · Vice Presidentcontrolsince 01/2019 · owns 10% to 25%
- Miller Eric Key · Treasurercontrolsince 01/2010 · owns 10% to 25%
- Diane Teri Yoder · Cpacontrolsince 01/2022 · owns 10% to 25%
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 |
|---|---|---|---|---|---|
| Ashland, Oh · principal | 8 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- high employee count relative to advisorsStatic outlier · filing Feb 25, 2026employees per registered advisor of 3.9 against a peer median of 1.2 (1313 comparable advisers, 99.0th percentile, 9.0 robust deviations)peers: independent wealth managers, $100M to $500M (1,313) · 99% percentile
What changed
consecutive filings, newest first
- Accounts · 2,629 to 2,800May 1, 2025 to Feb 25, 2026
- Advisory employees · 7 to 8May 1, 2025 to Feb 25, 2026
- Charity clients · 14 to 12May 1, 2025 to Feb 25, 2026
- HNW clients · 76 to 106May 1, 2025 to Feb 25, 2026
- Individual clients · 1,209 to 1,231May 1, 2025 to Feb 25, 2026
- Assets in custody · $375M to $481MMay 1, 2025 to Feb 25, 2026
- Employees · 27 to 31May 1, 2025 to Feb 25, 2026
- Financial planning clients · 26-50 to 101-250May 1, 2025 to Feb 25, 2026
- State-registered IARs · 7 to 8May 1, 2025 to Feb 25, 2026
- Discretionary RAUM · $341M to $433MMay 1, 2025 to Feb 25, 2026
- HNW RAUM · $167M to $249MMay 1, 2025 to Feb 25, 2026
- Individual RAUM · $179M to $196MMay 1, 2025 to Feb 25, 2026
- Non-discretionary RAUM · $40.7M to $57.2MMay 1, 2025 to Feb 25, 2026
- Pension RAUM · $28.0M to $35.8MMay 1, 2025 to Feb 25, 2026
- RAUM · $381M to $491MMay 1, 2025 to Feb 25, 2026
- Financial planning clients · 26-50 to 26-50Feb 27, 2025 to May 1, 2025
- Accounts · 2,547 to 2,629Feb 29, 2024 to Feb 27, 2025
- Advisory employees · 8 to 7Feb 29, 2024 to Feb 27, 2025
- Charity clients · 13 to 14Feb 29, 2024 to Feb 27, 2025
- Corporate clients · 3 to 5Feb 29, 2024 to Feb 27, 2025
- HNW clients · 67 to 76Feb 29, 2024 to Feb 27, 2025
- Individual clients · 1,205 to 1,209Feb 29, 2024 to Feb 27, 2025
- Pension plan clients · 11 to 14Feb 29, 2024 to Feb 27, 2025
- Assets in custody · $340M to $375MFeb 29, 2024 to Feb 27, 2025
- Employees · 28 to 27Feb 29, 2024 to Feb 27, 2025
- State-registered IARs · 8 to 7Feb 29, 2024 to Feb 27, 2025
- Discretionary RAUM · $303M to $341MFeb 29, 2024 to Feb 27, 2025
- HNW RAUM · $150M to $167MFeb 29, 2024 to Feb 27, 2025
- Individual RAUM · $165M to $179MFeb 29, 2024 to Feb 27, 2025
- Non-discretionary RAUM · $40.9M to $40.7MFeb 29, 2024 to Feb 27, 2025
- Pension RAUM · $21.5M to $28.0MFeb 29, 2024 to Feb 27, 2025
- RAUM · $344M to $381MFeb 29, 2024 to Feb 27, 2025
- Related insurance company · false to trueFeb 29, 2024 to Feb 27, 2025
- Accounts · 2,461 to 2,547Feb 22, 2024 to Feb 29, 2024
- Charity clients · 14 to 13Feb 22, 2024 to Feb 29, 2024
- Corporate clients · unset to 3.0Feb 22, 2024 to Feb 29, 2024
- HNW clients · 60 to 67Feb 22, 2024 to Feb 29, 2024
- Individual clients · 1,175 to 1,205Feb 22, 2024 to Feb 29, 2024
- Pension plan clients · 15 to 11Feb 22, 2024 to Feb 29, 2024
- Assets in custody · $292M to $340MFeb 22, 2024 to Feb 29, 2024
Signals
7 dated events
- Whitcomb & Hess, Inc. reported RAUM $490.7M, up 29% from $381.4M (2025-05-01 to 2026-02-25)Feb 25, 2026 · RAUM change · derived
- Timothy P Hilterman left Whitcomb & Hess, Inc. for Whitaker-Myers Wealth Managers, Ltd. (registered 2024-12-16)Dec 9, 2024 · Advisor changed firm · fact
- Lee Tami Reynolds (Vice President) no longer on Schedule A of Whitcomb & Hess, Inc. (listed 2022-03-04, absent 2023-02-15)Feb 15, 2023 · Control person left · inference
- Stephen William Harvey (Vice President) no longer on Schedule A of Whitcomb & Hess, Inc. (listed 2019-11-11, absent 2020-03-12)Mar 12, 2020 · Control person left · inference
- Timothy Ryan Gilmer (Chief Investment Officer) appeared on Schedule A of Whitcomb & Hess, Inc.Nov 11, 2019 · Control person joined · fact
- Neil Hinkle (Vice President) appeared on Schedule A of Whitcomb & Hess, Inc.Mar 19, 2019 · Control person joined · fact
- Whitcomb & Hess, Inc. filed its initial SEC registration (Form ADV)Nov 5, 2013 · 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 email
- info@whitcomb.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 419-289-7007reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/whitcomb-hessreportedpublic record, Form ADV, Sep 17, 2026
- Website
- WHITCOMB.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 419-289-7007reportedpublic record, Form ADV, Feb 25, 2026
- Team page
- whitcomb.com/teamreportedpublished 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
- $61.3Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026