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
Deroy & Devereaux Private Investment Counsel, Inc.
Latest filing Mar 3, 2026
First filing on the tape Dec 7, 2011 · 44 filings
SEC status approved since Jul 16, 2002
RAUM
$2.6B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
69%
$1.8B individuals and HNW
Advisors
11
registered through the firm on IAPD
RAUM per advisor
$235M
derived; firm RAUM over IAPD count
Employees
19
6 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
44 filings and snapshots on the tape
RAUM$2.6B as of Mar 3, 2026
Dec 7, 2011$494M then
HNW client RAUM$1.8B as of Mar 3, 2026
Nov 17, 2017$792M then
State-registered IARs (5.B.3)9 as of Mar 3, 2026
Dec 7, 20110 then
Employees (5.A)19 as of Mar 3, 2026
Jan 2, 201312 then
Private funds: no history
RAUM +15% over the last fiscal year+14% a year over threeIARs 9 to 9offices 0 to 2
Practice profile
derived from the filing of Mar 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
- UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
- RAUM per advisor
- $235MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 11derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $15.1MderivedHNW RAUM over HNW clients
- Average account
- $4.2MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 31%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.7derivedItem 5.A over advisors
- Advisors per office
- 3.7derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +15%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +3.5%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- 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)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.8B69%
- State and municipal entities$334M13%
- Pension and profit-sharing plans$318M12%
- Charitable organizations$136M5.3%
- Individual clients
- 0reported
- HNW clients
- 119reported
- Pension plan clients
- 11reported
- Charitable clients
- 14reported
- Accounts
- 615reported
- Financial planning clients
- reported
- Wrap fee programs
- $0 sponsored, $24.2M managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.69 fund_share=0.0 institutional_share=0.31 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
11 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Michael Joseph MadisonChartered Financial Analyst | Bloomfield Hills, Mi | May 28, 2003 | 23 y | 1 |
| Michael Francis HarrisChartered Financial Analyst | Winston-Salem, Nc | Apr 6, 2010 | 22 y | 0 |
| Jeffrey William WardlowChartered Financial Analyst | Bloomfield Hills, Mi | Apr 6, 2010 | 23 y | 1 |
| Sean Adam Metrose | Bloomfield Hills, Mi | Jul 2, 2010 | 26 y | 2 |
| Steven H Lewis | Bloomfield Hills, Mi | Oct 4, 2011 | 14 y | 0 |
| Sarah Bliss Schattner | Bloomfield Hills, Mi | Dec 20, 2012 | 16 y | 1 |
| Laree Estes Perez | Phoenix, Az | Sep 17, 2015 | 33 y | 1 |
| Karl Laurence Knas | Bloomfield Hills, Mi | Nov 17, 2015 | 25 y | 2 |
| Connor James Cloetingh | Bloomfield Hills, Mi | Oct 23, 2025 | 10 y | 0 |
| Kelly Lynn Fetterman | Bloomfield Hills, Mi | Apr 1, 2026 | 28 y | 2 |
| Sean Denton WrightChartered Financial Analyst | Bloomfield Hills, Mi | Apr 13, 2026 | 16 y | 0 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- John Eric Krakowiak to Morgan StanleyDec 19, 2012 · Other
Joined, latest
- Kelly Lynn Fetterman from Yousif Capital Management, LLCApr 1, 2026 · Other
- Karl Laurence Knas from Northpointe Capital LLCNov 17, 2015 · Other
- Laree Estes Perez from Loomis, Sayles & Company, L.P.Sep 17, 2015 · Other
- Sarah Bliss Schattner from Northpointe Capital LLCDec 20, 2012 · Other
- Sean Adam Metrose from Oppenheimer & Co. Inc.Jul 2, 2010 · Other
- Jeffrey William Wardlow from Loomis, Sayles & Company, L.P.Apr 6, 2010 · Other
- Michael Joseph Madison from Loomis, Sayles & Company, L.P.May 28, 2003 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Adam Sean Metrose · President & Portfolio Managercontrolsince 04/2008 · owns 25% to 50%
- William Jeffrey Wardlow · Chief Investment Officer & Portfolio Managercontrolsince 07/2004 · owns 25% to 50%
- Barnds Mary Elizabeth Grabel · Chief Compliance Officersince 11/2013 · owns 5% to 10%
- Laurence Karl Knas · Portfolio Manager Client Servicesince 09/2015 · owns 5% to 10%
- Bliss Sarah Schattner · Director Of Marketing & Client Servicesince 12/2012 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Bloomfield Hills, Mi · principal | 11 | 3 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 588 to 615Sep 24, 2025 to Mar 3, 2026
- Charity clients · 15 to 14Sep 24, 2025 to Mar 3, 2026
- HNW clients · 115 to 119Sep 24, 2025 to Mar 3, 2026
- Employees · 18 to 19Sep 24, 2025 to Mar 3, 2026
- Discretionary RAUM · $2.2B to $2.6BSep 24, 2025 to Mar 3, 2026
- HNW RAUM · $1.5B to $1.8BSep 24, 2025 to Mar 3, 2026
- Pension RAUM · $320M to $318MSep 24, 2025 to Mar 3, 2026
- RAUM · $2.2B to $2.6BSep 24, 2025 to Mar 3, 2026
- Wrap assets (manager) · $20.9M to $24.2MSep 24, 2025 to Mar 3, 2026
- Other offices · 0 to 2Feb 28, 2025 to Sep 24, 2025
- Accounts · 576 to 588Jan 16, 2025 to Feb 28, 2025
- Charity clients · 14 to 15Jan 16, 2025 to Feb 28, 2025
- HNW clients · 114 to 115Jan 16, 2025 to Feb 28, 2025
- Pension plan clients · 10 to 11Jan 16, 2025 to Feb 28, 2025
- Financial planning clients · unset to Jan 16, 2025 to Feb 28, 2025
- Discretionary RAUM · $2.0B to $2.2BJan 16, 2025 to Feb 28, 2025
- HNW RAUM · $1.3B to $1.5BJan 16, 2025 to Feb 28, 2025
- Pension RAUM · $276M to $320MJan 16, 2025 to Feb 28, 2025
- RAUM · $2.0B to $2.2BJan 16, 2025 to Feb 28, 2025
- Wrap assets (manager) · $18.6M to $20.9MJan 16, 2025 to Feb 28, 2025
- HQ city · SOUTHFIELD to BLOOMFIELD HILLSMar 18, 2024 to Jan 16, 2025
- Accounts · 572 to 576Feb 28, 2023 to Mar 18, 2024
- Employees · 17 to 18Feb 28, 2023 to Mar 18, 2024
- Discretionary RAUM · $1.8B to $2.0BFeb 28, 2023 to Mar 18, 2024
- HNW RAUM · $1.2B to $1.3BFeb 28, 2023 to Mar 18, 2024
- Pension RAUM · $241M to $276MFeb 28, 2023 to Mar 18, 2024
- RAUM · $1.8B to $2.0BFeb 28, 2023 to Mar 18, 2024
- Wrap assets (manager) · $12.0M to $18.6MFeb 28, 2023 to Mar 18, 2024
- Accounts · 540 to 572Feb 28, 2022 to Feb 28, 2023
- Charity clients · 13 to 14Feb 28, 2022 to Feb 28, 2023
- HNW clients · 110 to 114Feb 28, 2022 to Feb 28, 2023
- Pension plan clients · 9 to 10Feb 28, 2022 to Feb 28, 2023
- Discretionary RAUM · $1.8B to $1.8BFeb 28, 2022 to Feb 28, 2023
- HNW RAUM · $1.3B to $1.2BFeb 28, 2022 to Feb 28, 2023
- Pension RAUM · $246M to $241MFeb 28, 2022 to Feb 28, 2023
- RAUM · $1.8B to $1.8BFeb 28, 2022 to Feb 28, 2023
- Wrap assets (manager) · $8.6M to $12.0MFeb 28, 2022 to Feb 28, 2023
- Accounts · 524 to 540Sep 24, 2021 to Feb 28, 2022
- HNW clients · 104 to 110Sep 24, 2021 to Feb 28, 2022
- Individual clients · 27 to 0Sep 24, 2021 to Feb 28, 2022
Signals
No event on the tape.
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
- Firm profile
- linkedin.com/company/deroy-&-devereaux-private-investment-coreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 248-358-3220reportedpublic record, Form ADV, Mar 3, 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
- $235Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026