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
Dwd Portfolio Solutions, Inc.
Latest filing Mar 18, 2026
First filing on the tape Apr 9, 2018 · 16 filings
SEC status approved since May 7, 2018
RAUM
$248M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
99%
$246M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$49.7M
derived; firm RAUM over IAPD count
Employees
6
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$248M as of Mar 18, 2026
Mar 18, 2019$112M then
HNW client RAUM$83.6M as of Mar 18, 2026
Mar 18, 2019$39.1M then
State-registered IARs (5.B.3)4 as of Mar 18, 2026
Mar 18, 20194 then
Employees (5.A)6 as of Mar 18, 2026
Mar 18, 20195 then
Private funds: no history
RAUM +12% over the last fiscal year+15% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 18, 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
- Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
- RAUM per advisor
- $49.7MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 63derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.1MderivedHNW RAUM over HNW clients
- Average account
- $318,768derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 99%derivedof RAUM
- Institutional
- 0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.2derivedItem 5.A over advisors
- Advisors per office
- 5.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +12%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +1.0%derived
- Compensation
- percentage of assets, hourlyreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
- Custody
- $138M, 384 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
- Individuals$163M65%
- High-net-worth individuals$83.6M34%
- Pension and profit-sharing plans$1.5M0.6%
- Corporations and businesses$579,3860.2%
- Individual clients
- 289reported
- HNW clients
- 27reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 779reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- $138M for 384 clientsreported
- Compensation
- % of AUM, hourlyreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Maria Carla DevlinChartered Financial Analyst | Pittsburgh, Pa | Jan 11, 1995 | 35 y | 2 |
| Francis Henry SchulerCertified Financial Planner | Pittsburgh, Pa | Dec 12, 2017 | 39 y | 2 |
| Keith Alan Woerner | Pittsburgh, Pa | Dec 12, 2017 | 31 y | 2 |
| Sam Cicero Dalesandro | Pittsburgh, Pa | Dec 12, 2017 | 27 y | 2 |
| Sara Elizabeth MorrisonCertified Financial Planner | Pittsburgh, Pa | Apr 27, 2026 | 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
none on the tape
Joined, latest
- Francis Henry Schuler from Nrp Advisors, Inc.Dec 12, 2017 · Other
- Keith Alan Woerner from Primesolutions Advisors, LLCDec 12, 2017 · Other
- Sam Cicero Dalesandro from Wharton Equity CorporationDec 12, 2017 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Cicero Sam Dalesandro · Chief Compliance Officer/Ceocontrolsince 12/2017 · owns 50% to 75%
- Carla Maria Devlin · Presidentcontrolsince 09/1994 · owns 25% to 50%
- Alan Keith Woerner · Executive V.P. & General Counselcontrolsince 01/2018 · owns 25% to 50%
Related persons
Schedule D 7.A
- Keith Alan Woernern
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Pittsburgh, Pa · principal | 5 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 749 to 779Jan 9, 2026 to Mar 18, 2026
- HNW clients · 28 to 27Jan 9, 2026 to Mar 18, 2026
- Individual clients · 285 to 289Jan 9, 2026 to Mar 18, 2026
- Assets in custody · $115M to $138MJan 9, 2026 to Mar 18, 2026
- Employees · 5 to 6Jan 9, 2026 to Mar 18, 2026
- Discretionary RAUM · $220M to $247MJan 9, 2026 to Mar 18, 2026
- HNW RAUM · $78.6M to $83.6MJan 9, 2026 to Mar 18, 2026
- Individual RAUM · $141M to $163MJan 9, 2026 to Mar 18, 2026
- Non-discretionary RAUM · $1.2M to $1.4MJan 9, 2026 to Mar 18, 2026
- Pension RAUM · $1.2M to $1.5MJan 9, 2026 to Mar 18, 2026
- RAUM · $221M to $248MJan 9, 2026 to Mar 18, 2026
- Accounts · 712 to 749Mar 7, 2024 to Mar 25, 2025
- HNW clients · 26 to 28Mar 7, 2024 to Mar 25, 2025
- Individual clients · 267 to 285Mar 7, 2024 to Mar 25, 2025
- Assets in custody · $41.8M to $115MMar 7, 2024 to Mar 25, 2025
- Financial planning clients · 101-250 to 101-250Mar 7, 2024 to Mar 25, 2025
- Discretionary RAUM · $185M to $220MMar 7, 2024 to Mar 25, 2025
- HNW RAUM · $65.9M to $78.6MMar 7, 2024 to Mar 25, 2025
- Individual RAUM · $119M to $141MMar 7, 2024 to Mar 25, 2025
- Non-discretionary RAUM · $1.1M to $1.2MMar 7, 2024 to Mar 25, 2025
- Pension RAUM · $1.1M to $1.2MMar 7, 2024 to Mar 25, 2025
- RAUM · $186M to $221MMar 7, 2024 to Mar 25, 2025
- Accounts · 710 to 712Mar 22, 2023 to Mar 7, 2024
- Assets in custody · $74.6M to $41.8MMar 22, 2023 to Mar 7, 2024
- Employees · 6 to 5Mar 22, 2023 to Mar 7, 2024
- Discretionary RAUM · $163M to $185MMar 22, 2023 to Mar 7, 2024
- HNW RAUM · $58.5M to $65.9MMar 22, 2023 to Mar 7, 2024
- Individual RAUM · $103M to $119MMar 22, 2023 to Mar 7, 2024
- Non-discretionary RAUM · $1.5M to $1.1MMar 22, 2023 to Mar 7, 2024
- Pension RAUM · $925,243 to $1.1MMar 22, 2023 to Mar 7, 2024
- RAUM · $164M to $186MMar 22, 2023 to Mar 7, 2024
- Accounts · 741 to 710Jun 16, 2022 to Mar 22, 2023
- HNW clients · 28 to 26Jun 16, 2022 to Mar 22, 2023
- Individual clients · 285 to 267Jun 16, 2022 to Mar 22, 2023
- Assets in custody · $98.1M to $74.6MJun 16, 2022 to Mar 22, 2023
- Discretionary RAUM · $186M to $163MJun 16, 2022 to Mar 22, 2023
- HNW RAUM · $69.7M to $58.5MJun 16, 2022 to Mar 22, 2023
- Individual RAUM · $115M to $103MJun 16, 2022 to Mar 22, 2023
- Non-discretionary RAUM · $948,501 to $1.5MJun 16, 2022 to Mar 22, 2023
- Pension RAUM · $211,202 to $925,243Jun 16, 2022 to Mar 22, 2023
Signals
1 dated events
- Dwd Portfolio Solutions, Inc. filed its initial SEC registration (Form ADV)Apr 9, 2018 · 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@dwdportfolios.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- vheder@dwdportfolios.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 412-341-7091reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 412-805-7082reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 412-341-6642reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/dwd-portfolio-solutionsreportedpublic record, Form ADV, Sep 17, 2026
- Website
- DWDPORTFOLIOS.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 412-341-6642reportedpublic record, Form ADV, Mar 18, 2026
- Contact form
- dwdportfolios.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
- Team page
- dwdportfolios.com/our-teamreportedpublished by the firm, firm site, Sep 16, 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
- $49.7Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026