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

Mutual Trust Asset Mgmt., Inc.

Independent wealth managerTampa, FloridaCRD 121364SEC 801-111062IAPD
Latest filing Aug 6, 2026
First filing on the tape Jul 28, 2017 · 46 filings
SEC status approved since Aug 29, 2017
RAUM
$58.4M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$58.4M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$11.7M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
46 filings and snapshots on the tape
RAUM$58.4M as of Aug 6, 2026
Feb 14, 2018$145M then
HNW client RAUM$28.0M as of Aug 6, 2026
Feb 14, 2018$19.7M then
State-registered IARs (5.B.3)4 as of Aug 6, 2026
Feb 14, 20187 then
Employees (5.A)4 as of Aug 6, 2026
Feb 14, 20187 then
Private funds: no history
RAUM +1.7% over the last fiscal year-36% a year over threeIARs 7 to 4offices 3 to 4
Practice profile
derived from the filing of Aug 6, 2026; every figure names its basis
RAUM per advisor
$11.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
24derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.5MderivedHNW RAUM over HNW clients
Average account
$486,295derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
0.8derivedItem 5.A over advisors
Advisors per office
1.0derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+1.7%derivedbetween the last two annual amendments
Advisor growth, one year
-43%derivedItem 5.B.3 between annual amendments
Client growth, one year
+30%derived
Compensation
percentage of assets, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, otherreportedItem 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
  • Individuals$30.4M52%
  • High-net-worth individuals$28.0M48%
Individual clients
112reported
HNW clients
8reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
120reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=4.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Jed E BandesCertified Financial Planner, Chartered Financial ConsultantTampa, Fl Sep 9, 200245 y2
Matthew Emil MaroneCertified Financial PlannerSt. Petersburg, Fl Nov 26, 202427 y2
Robert Karl RileyClearwater, Fl Dec 5, 202429 y3
Keith Alan GoldenWest Palm Beach, Fl Dec 6, 202432 y4
Theresa A DollardTampa, FlAug 4, 202619 y2
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 headcount7 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Jay Derek Calton · Vice President/Directorcontrol
      since 10/2024 · owns less than 5%
    • Kent Dwayne Calton · President/Directorcontrol
      since 10/2024 · owns less than 5%
    • Lee Randall Ciccati · Ceo/Directorcontrol
      since 10/2024 · owns less than 5%
    • Fernando Fussa Ocasio · Cfocontrol
      since 10/2024 · owns less than 5%
    • Saad Rahmouni Idrissi · Ccocontrol
      since 10/2024 · owns less than 5%
    • Reid Paul Richardson · Coocontrol
      since 10/2024 · owns less than 5%
    • Rameshwar Singh · President Of Advisory Services/Director/Secretarycontrol
      since 10/2024 · owns less than 5%
    Entity owners
    • Calton & Associates, Inc. · Shareholder
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    Advisers that list Mutual Trust Asset Mgmt., Inc. as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Tampa, Fl · principal510
    Clearwater, Fl100
    Clearwater, Fl, Fl000
    Ocala, Fl000
    Offices
    Schedule D 1.F, the 25 largest
    • Miami, FL1 employees
    • Ocala, FL1 employees
    • St. Petersburg, FL1 employees
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • advisor count dropChange between filings · filing Mar 31, 2026
      advisory representatives (Item 5.B.3) moved from 7.0 to 4.0 (-43.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was 0.0% (57 comparable advisers, 9.0th percentile of changes)
      peers: independent wealth managers, under $100M (57) · 8.9% percentile
    How anomalies are measured
    What changed
    consecutive filings, newest first
    • Accounts · 92 to 120
      May 14, 2025 to Mar 31, 2026
    • BD registered reps · 7 to 4
      May 14, 2025 to Mar 31, 2026
    • HNW clients · 16 to 8
      May 14, 2025 to Mar 31, 2026
    • Individual clients · 76 to 112
      May 14, 2025 to Mar 31, 2026
    • Employees · 7 to 4
      May 14, 2025 to Mar 31, 2026
    • State-registered IARs · 7 to 4
      May 14, 2025 to Mar 31, 2026
    • Other offices · 3 to 4
      May 14, 2025 to Mar 31, 2026
    • Discretionary RAUM · $57.4M to $58.4M
      May 14, 2025 to Mar 31, 2026
    • HNW RAUM · $34.8M to $28.0M
      May 14, 2025 to Mar 31, 2026
    • Individual RAUM · $22.6M to $30.4M
      May 14, 2025 to Mar 31, 2026
    • RAUM · $57.4M to $58.4M
      May 14, 2025 to Mar 31, 2026
    • Financial planning clients · 1-10 to 1-10
      Mar 31, 2025 to May 14, 2025
    • Accounts · 1,915 to 92
      Oct 8, 2024 to Mar 31, 2025
    • Advisory employees · 9 to 4
      Oct 8, 2024 to Mar 31, 2025
    • BD registered reps · 9 to 7
      Oct 8, 2024 to Mar 31, 2025
    • HNW clients · 31 to 16
      Oct 8, 2024 to Mar 31, 2025
    • Individual clients · 854 to 76
      Oct 8, 2024 to Mar 31, 2025
    • Employees · 9 to 7
      Oct 8, 2024 to Mar 31, 2025
    • Financial planning clients · 51-100 to 1-10
      Oct 8, 2024 to Mar 31, 2025
    • State-registered IARs · 9 to 7
      Oct 8, 2024 to Mar 31, 2025
    • Discretionary RAUM · $0 to $57.4M
      Oct 8, 2024 to Mar 31, 2025
    • HNW RAUM · $34.5M to $34.8M
      Oct 8, 2024 to Mar 31, 2025
    • Individual RAUM · $207M to $22.6M
      Oct 8, 2024 to Mar 31, 2025
    • Non-discretionary RAUM · $241M to $0
      Oct 8, 2024 to Mar 31, 2025
    • RAUM · $241M to $57.4M
      Oct 8, 2024 to Mar 31, 2025
    • HQ city · unset to TAMPA
      May 15, 2024 to Oct 2, 2024
    • HQ state · unset to FL
      May 15, 2024 to Oct 2, 2024
    • Related adviser · false to true
      May 15, 2024 to Oct 2, 2024
    • Advisory employees · 12 to 9
      Jan 31, 2024 to May 15, 2024
    • BD registered reps · 12 to 9
      Jan 31, 2024 to May 15, 2024
    • Employees · 12 to 9
      Jan 31, 2024 to May 15, 2024
    • State-registered IARs · 12 to 9
      Jan 31, 2024 to May 15, 2024
    • Other offices · 4 to 3
      Jan 31, 2024 to May 15, 2024
    • Accounts · 2,462 to 1,915
      Jan 12, 2023 to Jan 31, 2024
    • Advisory employees · 10 to 12
      Jan 12, 2023 to Jan 31, 2024
    • BD registered reps · 10 to 12
      Jan 12, 2023 to Jan 31, 2024
    • HNW clients · 20 to 31
      Jan 12, 2023 to Jan 31, 2024
    • Individual clients · 935 to 854
      Jan 12, 2023 to Jan 31, 2024
    • Employees · 10 to 12
      Jan 12, 2023 to Jan 31, 2024
    • State-registered IARs · 10 to 12
      Jan 12, 2023 to Jan 31, 2024
    Signals
    24 dated events
    • Michael David Riley left Mutual Trust Asset Mgmt., Inc. for Simplicity Wealth (registered 2025-08-20)
      Aug 8, 2025 · Advisor changed firm · fact
    • Brian Wakefield left Mutual Trust Asset Mgmt., Inc. for Simplicity Wealth (registered 2025-08-19)
      Aug 8, 2025 · Advisor changed firm · fact
    • 2 advisors left Mutual Trust Asset Mgmt., Inc. (Tampa, FL) for Simplicity Wealth on the same day
      Aug 8, 2025 · Team lift-out · derived
    • Mutual Trust Asset Mgmt., Inc. reported RAUM $57.4M, down 76% from $241.4M (2024-10-08 to 2025-03-31)
      Mar 31, 2025 · RAUM change · derived
    • Michael Chase Gilbert left Mutual Trust Asset Mgmt., Inc. for Simplicity Wealth (registered 2025-02-28)
      Oct 25, 2024 · Advisor changed firm · fact
    • E Jed Bandes (President/Cco) no longer on Schedule A of Mutual Trust Asset Mgmt., Inc. (listed 2024-05-15, absent 2024-10-02)
      Oct 2, 2024 · Control person left · inference
    • Kent Dwayne Calton (President/Director) appeared on Schedule A of Mutual Trust Asset Mgmt., Inc.
      Oct 2, 2024 · Control person joined · fact
    • Jay Derek Calton (Vice President/Director) appeared on Schedule A of Mutual Trust Asset Mgmt., Inc.
      Oct 2, 2024 · Control person joined · fact
    • Lee Randall Ciccati (Ceo/Director) appeared on Schedule A of Mutual Trust Asset Mgmt., Inc.
      Oct 2, 2024 · Control person joined · fact
    • Rameshwar Singh (President Of Advisory Services/Director/Secretary) appeared on Schedule A of Mutual Trust Asset Mgmt., Inc.
      Oct 2, 2024 · Control person joined · fact
    • Reid Paul Richardson (Coo) appeared on Schedule A of Mutual Trust Asset Mgmt., Inc.
      Oct 2, 2024 · Control person joined · fact
    • Fernando Fussa Ocasio (Cfo) appeared on Schedule A of Mutual Trust Asset Mgmt., Inc.
      Oct 2, 2024 · Control person joined · fact
    • Saad Rahmouni Idrissi (Cco) appeared on Schedule A of Mutual Trust Asset Mgmt., Inc.
      Oct 2, 2024 · Control person joined · fact
    • Sean Stephen Pendray left Mutual Trust Asset Mgmt., Inc. for Merited Wealth, Llc (registered 2024-06-14)
      Jun 13, 2024 · Advisor changed firm · fact
    • Steven Lloyd Holland left Mutual Trust Asset Mgmt., Inc. for The Holland Group, Retirement Wealth Advisors, Llc (registered 2025-04-02)
      May 14, 2024 · Advisor changed firm · fact
    • Paul James Dipalma left Mutual Trust Asset Mgmt., Inc. for The Holland Group, Retirement Wealth Advisors, Llc (registered 2024-01-11)
      May 14, 2024 · Advisor changed firm · fact
    • Allen Leroy Claggett left Mutual Trust Asset Mgmt., Inc. for The Holland Group, Retirement Wealth Advisors, Llc (registered 2026-01-01)
      May 14, 2024 · Advisor changed firm · fact
    • 3 advisors left Mutual Trust Asset Mgmt., Inc. (Clearwater, FL) for The Holland Group, Retirement Wealth Advisors, LLC on the same day
      May 14, 2024 · Team lift-out · derived
    • Vincent Munno left Mutual Trust Asset Mgmt., Inc. for Simplicity Wealth (registered 2026-01-06)
      Sep 6, 2023 · Advisor changed firm · fact
    • Peter Julian Taurinskas left Mutual Trust Asset Mgmt., Inc. for Ten Point Wealth Management, Llc (registered 2023-01-31)
      Jan 30, 2023 · Advisor changed firm · fact
    • Joshua Shapiro left Mutual Trust Asset Mgmt., Inc. for Cetera Investment Advisers Llc (registered 2023-06-29)
      May 5, 2022 · Advisor changed firm · fact
    • Mutual Trust Asset Mgmt., Inc. reported RAUM $195.3M, down 81% from $1.0B (2021-03-09 to 2021-03-10)
      Mar 10, 2021 · RAUM change · derived
    • Mutual Trust Asset Mgmt., Inc. reported RAUM $1.0B, up 487% from $174.4M (2020-10-01 to 2021-02-10)
      Feb 10, 2021 · RAUM change · derived
    • Mutual Trust Asset Mgmt., Inc. filed its initial SEC registration (Form ADV)
      Jul 28, 2017 · 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
    Principal office phone
    813-264-0440reportedpublic record, Form ADV, Aug 6, 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
    $11.7Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026