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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Former SEC-registered adviser

M•••• F•••••••• P•••••••

Former SEC-registered adviserHorsham, PennsylvaniaCRD 121445SEC 801-72956IAPD
Legal name V• I••••••••• S••••••• C••••
Latest filing May 12, 2020
First filing on the tape Dec 8, 2011 · 26 filings
RAUM
$242M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
32%
$76.6M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$242M as of Mar 26, 2020
Feb 22, 2013$107M then
HNW client RAUM$59.4M as of Mar 26, 2020
Feb 2, 2018$59.5M then
State-registered IARs (5.B.3)4 as of Mar 26, 2020
Feb 22, 20134 then
Employees (5.A)4 as of Mar 26, 2020
Feb 22, 20134 then
Private funds: no history
RAUM +16% over the last fiscal year+4.3% a year over threeIARs 5 to 4
Practice profile
derived from the filing of May 12, 2020; every figure names its basis
RAUM per advisor
$60.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
33derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.1MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
68%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
-20%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.0%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminarsreportedItem 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
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$165M68%
  • High-net-worth individuals$59.4M25%
  • Individuals$17.2M7.1%
Individual clients
76reported
HNW clients
55reported
Pension plan clients
26reported
Charitable clients
n/areported
Accounts
208reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • F•••••• M••••••• R••••• · Treasurer And Vice President, Tax & Financecontrol
    since 06/2019 · owns less than 5%
  • G•••••• J••••• M• · Directorcontrol
    since 06/2019 · owns less than 5%
  • K•••••• R•••••• B•••• · Chief Compliance Officercontrol
    since 06/2019 · owns less than 5%
  • Z••••••••• S•••••• M•••••• · President/Secretarycontrol
    since 05/2009 · owns less than 5%
Entity owners
  • M•••• F•••••••• P•••••••• I•• · Parent Company
    direct · owns 75% or more
  • A•••• A•••••••• I•• · 100% Shareholder
    indirect · owns 75% or more of A•••• I••••• I••••••••• H••••••• I••• I••
  • A•••• I••••• H••••••• I•• · 100% Shareholder
    indirect · owns 75% or more of A•••• I••••• I••••••••• H••••••• I• I••
  • A•••• I••••• I••••••••• H••••••• I• I•• · 100% Shareholder
    indirect · owns 75% or more of A•••• I••••• I••••••••• H•••••••• I•• I••
  • A•••• I••••• I••••••••• H••••••• I••• I•• · 100% Shareholder
    indirect · owns 75% or more of A••••••• H••••••• I••
  • A•••• I••••• I••••••••• H•••••••• I•• I•• · 100% Shareholder
    indirect · owns 75% or more of A•••• A•••••••• I••
  • A••••••• L•• · 100% Shareholder
    indirect · owns 75% or more of U••••• R••••••••• P••• C••••••••• I•••• D•••• F•••••••••
  • A••••••• G••••• L•• · 100% Shareholder
    indirect · owns 75% or more of A••••••• L••
  • A••••••• H••••••• I•• · 100% Shareholder
    indirect · owns 75% or more of A••••••• G••••• L••
  • U••••• R••••••••• P••• C••••••••• I•••• D•••• F••••••••• · 100% Shareholder
    indirect · owns 75% or more of M•••• F•••••••• P•••••••• I••
Related persons
Schedule D 7.A
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 202 to 208
    Jun 14, 2019 to Mar 26, 2020
  • Advisory employees · 5 to 4
    Jun 14, 2019 to Mar 26, 2020
  • BD registered reps · 5 to 4
    Jun 14, 2019 to Mar 26, 2020
  • HNW clients · 54 to 55
    Jun 14, 2019 to Mar 26, 2020
  • Individual clients · 72 to 76
    Jun 14, 2019 to Mar 26, 2020
  • Employees · 5 to 4
    Jun 14, 2019 to Mar 26, 2020
  • Insurance-licensed employees · 5 to 4
    Jun 14, 2019 to Mar 26, 2020
  • State-registered IARs · 5 to 4
    Jun 14, 2019 to Mar 26, 2020
  • HNW RAUM · $57.1M to $59.4M
    Jun 14, 2019 to Mar 26, 2020
  • Individual RAUM · $13.9M to $17.2M
    Jun 14, 2019 to Mar 26, 2020
  • Non-discretionary RAUM · $208M to $242M
    Jun 14, 2019 to Mar 26, 2020
  • Pension RAUM · $137M to $165M
    Jun 14, 2019 to Mar 26, 2020
  • RAUM · $208M to $242M
    Jun 14, 2019 to Mar 26, 2020
  • Related bank · false to true
    Jun 14, 2019 to Mar 26, 2020
  • Related adviser · false to true
    Jan 16, 2019 to Jun 14, 2019
  • Related broker-dealer · false to true
    Jan 16, 2019 to Jun 14, 2019
  • Accounts · 196 to 202
    Nov 20, 2018 to Jan 16, 2019
  • HNW clients · 56 to 54
    Nov 20, 2018 to Jan 16, 2019
  • Individual clients · 69 to 72
    Nov 20, 2018 to Jan 16, 2019
  • Pension plan clients · 25 to 26
    Nov 20, 2018 to Jan 16, 2019
  • Financial planning clients · 11-25 to 1-10
    Nov 20, 2018 to Jan 16, 2019
  • HNW RAUM · $59.5M to $57.1M
    Nov 20, 2018 to Jan 16, 2019
  • Individual RAUM · $15.3M to $13.9M
    Nov 20, 2018 to Jan 16, 2019
  • Non-discretionary RAUM · $224M to $208M
    Nov 20, 2018 to Jan 16, 2019
  • Pension RAUM · $149M to $137M
    Nov 20, 2018 to Jan 16, 2019
  • RAUM · $224M to $208M
    Nov 20, 2018 to Jan 16, 2019
  • Accounts · 199 to 196
    Jan 5, 2018 to Feb 2, 2018
  • Advisory employees · 4 to 5
    Jan 5, 2018 to Feb 2, 2018
  • BD registered reps · 4 to 5
    Jan 5, 2018 to Feb 2, 2018
  • HNW clients · unset to 56.0
    Jan 5, 2018 to Feb 2, 2018
  • Individual clients · unset to 69.0
    Jan 5, 2018 to Feb 2, 2018
  • Pension plan clients · unset to 25.0
    Jan 5, 2018 to Feb 2, 2018
  • Employees · 4 to 5
    Jan 5, 2018 to Feb 2, 2018
  • Insurance-licensed employees · 4 to 5
    Jan 5, 2018 to Feb 2, 2018
  • State-registered IARs · 4 to 5
    Jan 5, 2018 to Feb 2, 2018
  • HNW RAUM · unset to 59505424.0
    Jan 5, 2018 to Feb 2, 2018
  • Individual RAUM · unset to 15344684.0
    Jan 5, 2018 to Feb 2, 2018
  • Non-discretionary RAUM · $213M to $224M
    Jan 5, 2018 to Feb 2, 2018
  • Pension RAUM · unset to 149283486.0
    Jan 5, 2018 to Feb 2, 2018
  • RAUM · $213M to $224M
    Jan 5, 2018 to Feb 2, 2018
Signals
3 dated events
  • Robert Michael Folmer (Treasurer And Vice President, Tax & Finance) appeared on Schedule A of M•••• F•••••••• P•••••••
    Mar 26, 2020 · Control person joined · fact
  • Barry Robert Kaplan (Chief Compliance Officer) appeared on Schedule A of M•••• F•••••••• P•••••••
    Jun 14, 2019 · Control person joined · fact
  • M J•••• G••••• (Director) appeared on Schedule A of M•••• F•••••••• P•••••••
    Jun 14, 2019 · 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.
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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026