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

Delta Financial Advisors, Inc

Independent wealth managerKensington, MarylandCRD 121907SEC 801-120897websiteIAPD
Latest filing Mar 16, 2026
First filing on the tape Mar 13, 2012 · 17 filings
SEC status approved since Apr 22, 2021
RAUM
$234M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$234M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$46.8M
derived; firm RAUM over IAPD count
Employees
10
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$234M as of Mar 16, 2026
Mar 13, 2012$46.0M then
HNW client RAUM$181M as of Mar 16, 2026
Mar 21, 2022$123M then
State-registered IARs (5.B.3)6 as of Mar 16, 2026
Mar 13, 20120 then
Employees (5.A)10 as of Mar 16, 2026
Mar 21, 20229 then
Private funds: no history
RAUM +12% over the last fiscal year+13% a year over threeIARs 5 to 6
Practice profile
derived from the filing of Mar 16, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • 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
RAUM per advisor
$46.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
49derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$387,349derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 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
+20%derivedItem 5.B.3 between annual amendments
Client growth, one year
+12%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, educational seminarsreportedItem 5.G
Custody
$100M, 242 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
  • is an insurance broker or agent (6.A.6)
  • buys or sells securities as principal to or from clients (8.A.2)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$181M77%
  • Individuals$53.3M23%
Individual clients
174reported
HNW clients
71reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
604reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$100M for 242 clientsreported
Compensation
% of AUM, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=4.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Beverly Ann FischettiCertified Financial PlannerKensington, MdDec 2, 200441 y2
Jacob Patrick DefilippoKensington, MdApr 22, 202113 y1
Joseph Anthony FischettiKensington, MdJan 16, 202430 y2
Nicholas Athanasios AngelisKensington, MdFeb 29, 202417 y0
Megan MaddenCertified Financial PlannerKensington, MdSep 23, 202512 y4
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 headcount1 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Athanasios Nicholas Angelis · Chief Compliance Officercontrol
      since 03/2021 · owns less than 5%
    • Anthony Joseph Fischetti · Presidentcontrol
      since 07/2019 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Kensington, Md · principal510
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • business activity changedChange between filings · filing Mar 16, 2026
      selection of other advisers (Item 5.G.7): yes on the filing of 2025-08-21, no on the filing of 2026-03-16
      peers: independent wealth managers, $100M to $500M (5,676)
    What changed
    consecutive filings, newest first
    • Accounts · 533 to 604
      Aug 21, 2025 to Mar 16, 2026
    • Advisory employees · 5 to 6
      Aug 21, 2025 to Mar 16, 2026
    • HNW clients · 69 to 71
      Aug 21, 2025 to Mar 16, 2026
    • Individual clients · 149 to 174
      Aug 21, 2025 to Mar 16, 2026
    • Assets in custody · $143M to $100M
      Aug 21, 2025 to Mar 16, 2026
    • Employees · 8 to 10
      Aug 21, 2025 to Mar 16, 2026
    • Financial planning clients · 1-10 to 0
      Aug 21, 2025 to Mar 16, 2026
    • State-registered IARs · 5 to 6
      Aug 21, 2025 to Mar 16, 2026
    • Discretionary RAUM · $186M to $234M
      Aug 21, 2025 to Mar 16, 2026
    • HNW RAUM · $165M to $181M
      Aug 21, 2025 to Mar 16, 2026
    • Individual RAUM · $43.4M to $53.3M
      Aug 21, 2025 to Mar 16, 2026
    • Non-discretionary RAUM · $22.9M to $181,387
      Aug 21, 2025 to Mar 16, 2026
    • RAUM · $208M to $234M
      Aug 21, 2025 to Mar 16, 2026
    • Accounts · 539 to 533
      Apr 26, 2024 to Mar 13, 2025
    • Advisory employees · 3 to 5
      Apr 26, 2024 to Mar 13, 2025
    • BD registered reps · 3 to 4
      Apr 26, 2024 to Mar 13, 2025
    • HNW clients · 59 to 69
      Apr 26, 2024 to Mar 13, 2025
    • Individual clients · 213 to 149
      Apr 26, 2024 to Mar 13, 2025
    • Assets in custody · $131M to $143M
      Apr 26, 2024 to Mar 13, 2025
    • Employees · 6 to 8
      Apr 26, 2024 to Mar 13, 2025
    • Financial planning clients · 1-10 to 1-10
      Apr 26, 2024 to Mar 13, 2025
    • State-registered IARs · 3 to 5
      Apr 26, 2024 to Mar 13, 2025
    • Discretionary RAUM · $136M to $186M
      Apr 26, 2024 to Mar 13, 2025
    • HNW RAUM · $127M to $165M
      Apr 26, 2024 to Mar 13, 2025
    • Individual RAUM · $62.2M to $43.4M
      Apr 26, 2024 to Mar 13, 2025
    • Non-discretionary RAUM · $52.7M to $22.9M
      Apr 26, 2024 to Mar 13, 2025
    • RAUM · $189M to $208M
      Apr 26, 2024 to Mar 13, 2025
    • Accounts · 479 to 539
      Apr 27, 2023 to Mar 15, 2024
    • HNW clients · 45 to 59
      Apr 27, 2023 to Mar 15, 2024
    • Individual clients · 211 to 213
      Apr 27, 2023 to Mar 15, 2024
    • Assets in custody · $62.4M to $131M
      Apr 27, 2023 to Mar 15, 2024
    • Employees · 7 to 6
      Apr 27, 2023 to Mar 15, 2024
    • Financial planning clients · 0 to 1-10
      Apr 27, 2023 to Mar 15, 2024
    • Discretionary RAUM · $0 to $136M
      Apr 27, 2023 to Mar 15, 2024
    • HNW RAUM · $94.2M to $127M
      Apr 27, 2023 to Mar 15, 2024
    • Individual RAUM · $65.9M to $62.2M
      Apr 27, 2023 to Mar 15, 2024
    • Non-discretionary RAUM · $160M to $52.7M
      Apr 27, 2023 to Mar 15, 2024
    • RAUM · $160M to $189M
      Apr 27, 2023 to Mar 15, 2024
    • Accounts · 799 to 479
      Mar 21, 2022 to Mar 22, 2023
    • HNW clients · 57 to 45
      Mar 21, 2022 to Mar 22, 2023
    Signals
    4 dated events
    • Skerdi Kostreci left Delta Financial Advisors, Inc for Eagle Strategies Llc (registered 2026-02-20)
      May 20, 2025 · Advisor changed firm · fact
    • Ann Beverly Fischetti (President) no longer on Schedule A of Delta Financial Advisors, Inc (listed 2012-09-04, absent 2021-03-23)
      Mar 23, 2021 · Control person left · inference
    • Athanasios Nicholas Angelis (Chief Compliance Officer) appeared on Schedule A of Delta Financial Advisors, Inc
      Mar 23, 2021 · Control person joined · fact
    • Delta Financial Advisors, Inc filed its initial SEC registration (Form ADV)
      Mar 23, 2021 · 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
    Firm profile
    LINKEDIN.COM/COMPANY/DELTA-FINANCIAL-ADVISORS-INC.reportedpublic record, Form ADV, Sep 17, 2026
    Website
    DFA1.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    301-962-0480reportedpublic record, Form ADV, Mar 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
    $46.8Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026