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

Absolute Capital Management, LLC

Independent wealth managerPittsburgh, PennsylvaniaCRD 121484SEC 801-61336websiteIAPD
Latest filing Jun 3, 2026
First filing on the tape Dec 6, 2011 · 60 filings
SEC status approved since Sep 22, 2003
RAUM
$742M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
67%
$495M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$247M
derived; firm RAUM over IAPD count
Employees
12
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
60 filings and snapshots on the tape
RAUM$742M as of Jun 3, 2026
Mar 26, 2012$226M then
HNW client RAUM$220M as of Jun 3, 2026
Mar 22, 2018$44.0M then
State-registered IARs (5.B.3)3 as of Jun 3, 2026
Mar 26, 20133 then
Employees (5.A)12 as of Jun 3, 2026
Mar 26, 201315 then
Private funds: no history
RAUM +71% over the last fiscal year+42% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Jun 3, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$247MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
615derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.3MderivedHNW RAUM over HNW clients
Average account
$304,802derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.0derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+28%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+13%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for investment companiesreportedItem 5.G
Wrap fee program
$421MreportedItem 5.I
Custody
$4.1M, 16 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$275M38%
  • Investment companies$232M32%
  • High-net-worth individuals$220M30%
  • Pension and profit-sharing plans$3.5M0.5%
Individual clients
1,677reported
HNW clients
167reported
Pension plan clients
26reported
Charitable clients
n/areported
Accounts
2,436reported
Financial planning clients
reported
Wrap fee programs
$421M sponsored, $0 managedreported
Custody of client assets
$4.1M for 16 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.67 fund_share=0.31 institutional_share=0.0 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
Phillip Brenden GebbenPittsburgh, PaSep 20, 200228 y0
Iroland Rafael GarciaBoynton Beach, Fl Feb 8, 201840 y3
Alexander S BarnedSt. Augustine, Fl Jan 23, 201934 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 headcount0 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Diane Denise Alfieri · Chief Compliance Officercontrol
    since 03/2019 · owns less than 5%
  • Brenden Phillip Gebben · Owner, Managing Directorcontrol
    since 10/2002 · owns 75% or more
  • Lynn Renee Gebben · Owner
    since 06/2018 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Pittsburgh, Pa · principal300
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • unusually high clients per advisorStatic outlier · filing Jun 3, 2026
    private clients per advisor of 614.7 against a peer median of 63.7 (1211 comparable advisers, 100.0th percentile, 14.8 robust deviations)
    peers: independent wealth managers, $500M to $1B (1,211) · 100% percentile
What changed
consecutive filings, newest first
  • Accounts · 2,137 to 2,436
    May 1, 2026 to Jun 3, 2026
  • HNW clients · 113 to 167
    May 1, 2026 to Jun 3, 2026
  • Individual clients · 1,550 to 1,677
    May 1, 2026 to Jun 3, 2026
  • Pension plan clients · 28 to 26
    May 1, 2026 to Jun 3, 2026
  • Assets in custody · $6.5M to $4.1M
    May 1, 2026 to Jun 3, 2026
  • Employees · 11 to 12
    May 1, 2026 to Jun 3, 2026
  • Discretionary RAUM · $547M to $731M
    May 1, 2026 to Jun 3, 2026
  • HNW RAUM · $157M to $220M
    May 1, 2026 to Jun 3, 2026
  • Individual RAUM · $211M to $275M
    May 1, 2026 to Jun 3, 2026
  • Non-discretionary RAUM · $7.2M to $11.7M
    May 1, 2026 to Jun 3, 2026
  • Pension RAUM · $3.3M to $3.5M
    May 1, 2026 to Jun 3, 2026
  • RAUM · $554M to $742M
    May 1, 2026 to Jun 3, 2026
  • Wrap assets (sponsor) · $297M to $421M
    May 1, 2026 to Jun 3, 2026
  • Accounts · 1,791 to 2,137
    Oct 2, 2025 to Jan 21, 2026
  • Corporate clients · 5.0 to unset
    Oct 2, 2025 to Jan 21, 2026
  • HNW clients · 97 to 113
    Oct 2, 2025 to Jan 21, 2026
  • Individual clients · 1,467 to 1,550
    Oct 2, 2025 to Jan 21, 2026
  • Pension plan clients · 30 to 28
    Oct 2, 2025 to Jan 21, 2026
  • Assets in custody · $6.1M to $6.5M
    Oct 2, 2025 to Jan 21, 2026
  • Employees · 10 to 11
    Oct 2, 2025 to Jan 21, 2026
  • Discretionary RAUM · $465M to $547M
    Oct 2, 2025 to Jan 21, 2026
  • HNW RAUM · $120M to $157M
    Oct 2, 2025 to Jan 21, 2026
  • Individual RAUM · $189M to $211M
    Oct 2, 2025 to Jan 21, 2026
  • Non-discretionary RAUM · $7.2M to $7.2M
    Oct 2, 2025 to Jan 21, 2026
  • Pension RAUM · $3.7M to $3.3M
    Oct 2, 2025 to Jan 21, 2026
  • RAUM · $472M to $554M
    Oct 2, 2025 to Jan 21, 2026
  • Wrap assets (sponsor) · $215M to $297M
    Oct 2, 2025 to Jan 21, 2026
  • Accounts · 1,807 to 1,791
    Mar 4, 2025 to Oct 2, 2025
  • Corporate clients · 2 to 5
    Mar 4, 2025 to Oct 2, 2025
  • HNW clients · 87 to 97
    Mar 4, 2025 to Oct 2, 2025
  • Individual clients · 1,386 to 1,467
    Mar 4, 2025 to Oct 2, 2025
  • Pension plan clients · 17 to 30
    Mar 4, 2025 to Oct 2, 2025
  • Assets in custody · $5.8M to $6.1M
    Mar 4, 2025 to Oct 2, 2025
  • Discretionary RAUM · $427M to $465M
    Mar 4, 2025 to Oct 2, 2025
  • HNW RAUM · $108M to $120M
    Mar 4, 2025 to Oct 2, 2025
  • Individual RAUM · $185M to $189M
    Mar 4, 2025 to Oct 2, 2025
  • Non-discretionary RAUM · $7.3M to $7.2M
    Mar 4, 2025 to Oct 2, 2025
  • Pension RAUM · $2.3M to $3.7M
    Mar 4, 2025 to Oct 2, 2025
  • RAUM · $434M to $472M
    Mar 4, 2025 to Oct 2, 2025
  • Wrap assets (sponsor) · $183M to $215M
    Mar 4, 2025 to Oct 2, 2025
Signals
3 dated events
  • Absolute Capital Management, Llc reported RAUM $742.5M, up 34% from $554.0M (2026-05-01 to 2026-06-03)
    Jun 3, 2026 · RAUM change · derived
  • Diane Denise Alfieri (Chief Compliance Officer) appeared on Schedule A of Absolute Capital Management, Llc
    Mar 25, 2019 · Control person joined · fact
  • Christopher Robert Mallon (Chief Operating Officer) no longer on Schedule A of Absolute Capital Management, Llc (listed 2018-11-30, absent 2019-03-25)
    Mar 25, 2019 · Control person left · inference
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
webinfo@abscap.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
412-388-1600reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
412-388-1900reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
888-388-8303reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
LINKEDIN.COM/COMPANY/ABSOLUTE-CAPITAL-MANAGEMENT-LLCreportedpublic record, Form ADV, Sep 17, 2026
Website
ABSCAP.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
412-388-1600reportedpublic record, Form ADV, Jun 3, 2026
Contact form
abscap.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
abscap.com/about/peoplereportedpublished 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
$247Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026