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

P•• A•••• M••••••••• L••

Former SEC-registered adviserHarrisburg, PennsylvaniaCRD 122141SEC 801-60449IAPD
Latest filing Apr 8, 2024
First filing on the tape Jan 31, 2012 · 42 filings
RAUM
$177B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
244
215 advisory (5.B.1)
Offices
22
beyond the principal office
Private funds
0
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$177B as of Mar 29, 2024
Mar 30, 2012$44B then
HNW client RAUM$0 as of Mar 29, 2024
Mar 30, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 29, 2024
Apr 1, 20130 then
Employees (5.A)244 as of Mar 29, 2024
Apr 1, 2013166 then
Private funds: no history
RAUM +15% over the last fiscal year+13% a year over threeIARs 0 to 0offices 19 to 22
Practice profile
derived from the filing of Apr 8, 2024; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$90.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
51%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived23 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, pension consulting, selection of other advisers, otherreportedItem 5.G
Custody
yesreportedItem 9.A
Ownership
a bank, bancorp or trust company is a 50 percent or greater ownerderived
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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • State and municipal entities$82B53%
  • Pooled investment vehicles$62B41%
  • Pension and profit-sharing plans$6.6B4.3%
  • Charitable organizations$1.8B1.2%
  • Corporations and businesses$609M0.4%
  • Banks and thrifts$206M0.1%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
14reported
Charitable clients
36reported
Accounts
1,952reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, fixed, hourly, performancereported
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
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • E••••• R••••••• J••• · Chief Counsel & Secretarycontrol
        since 12/2021 · owns less than 5%
      • K•••••••• L••• J••••• · Chief Compliance Officercontrol
        since 03/2011 · owns less than 5%
      • M•••••• J•••• W•••••• · Chief Admnistrative Officercontrol
        since 12/2021 · owns less than 5%
      • S•••••••• K••••••• E••• · Chief Investment Officercontrol
        since 12/2021 · owns less than 5%
      • S••••••••• J•••• M•••••• · Treasurercontrol
        since 12/2021 · owns less than 5%
      • T••••• E•••• J•••• · Ceo & Presidentcontrol
        since 12/2021 · owns less than 5%
      Entity owners
      • U••• B•••••• A•••• M••••••••• I••• · Shareholder
        direct · owns 75% or more
      • U••• B•••••• · Shareholder
        indirect · owns 75% or more of U••• B••• N••••••• A••••••••• · public reporting company
      • U••• B••• N••••••• A••••••••• · Shareholder
        indirect · owns 75% or more of U••• B•••••• A•••• M••••••••• I•••
      Related persons
      Schedule D 7.A
      Advisers that list P•• A•••• M••••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Philadelphia, PA22 employees
      • San Francisco, CA8 employees
      • Orlando, FL8 employees
      • San Francisco, CA5 employees
      • Ewing, NJ5 employees
      • Chicago, IL4 employees
      • Detroit, MI4 employees
      • Southlake, TX4 employees
      • Minneapolis, MN3 employees
      • Denver, CO3 employees
      • Mesa, AZ3 employees
      • Los Angeles, CA3 employees
      • St. Charles, MO2 employees
      • Milwaukee, WI2 employees
      • Atlanta, GA2 employees
      • Cheyenne, WY1 employees
      • Cincinnati, OH1 employees
      • Irvine, CA1 employees
      • New York, NY1 employees
      • Sacramento, CA1 employees
      • Richmond, VA1 employees
      • Charlotte, NC1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 1,871 to 1,952
        Jan 18, 2024 to Mar 29, 2024
      • BD registered reps · 114 to 105
        Jan 18, 2024 to Mar 29, 2024
      • Charity clients · 35 to 36
        Jan 18, 2024 to Mar 29, 2024
      • Corporate clients · 12 to 16
        Jan 18, 2024 to Mar 29, 2024
      • Pension plan clients · 13 to 14
        Jan 18, 2024 to Mar 29, 2024
      • Employees · 227 to 244
        Jan 18, 2024 to Mar 29, 2024
      • Other offices · 23 to 22
        Jan 18, 2024 to Mar 29, 2024
      • Discretionary RAUM · $154B to $176B
        Jan 18, 2024 to Mar 29, 2024
      • Non-discretionary RAUM · $241M to $545M
        Jan 18, 2024 to Mar 29, 2024
      • Pension RAUM · $5.7B to $6.6B
        Jan 18, 2024 to Mar 29, 2024
      • Pooled vehicle RAUM · $50B to $62B
        Jan 18, 2024 to Mar 29, 2024
      • RAUM · $154B to $177B
        Jan 18, 2024 to Mar 29, 2024
      • Other offices · 20 to 23
        Jan 11, 2024 to Jan 18, 2024
      • Other offices · 19 to 20
        Jun 9, 2023 to Jul 24, 2023
      • Accounts · 1,748 to 1,871
        Aug 26, 2022 to Mar 30, 2023
      • Advisory employees · 220 to 215
        Aug 26, 2022 to Mar 30, 2023
      • BD registered reps · 125 to 114
        Aug 26, 2022 to Mar 30, 2023
      • Charity clients · 32 to 35
        Aug 26, 2022 to Mar 30, 2023
      • Corporate clients · 13 to 12
        Aug 26, 2022 to Mar 30, 2023
      • Pension plan clients · 12 to 13
        Aug 26, 2022 to Mar 30, 2023
      • Employees · 240 to 227
        Aug 26, 2022 to Mar 30, 2023
      • Other offices · 21 to 19
        Aug 26, 2022 to Mar 30, 2023
      • Discretionary RAUM · $130B to $154B
        Aug 26, 2022 to Mar 30, 2023
      • Non-discretionary RAUM · $232M to $241M
        Aug 26, 2022 to Mar 30, 2023
      • Pension RAUM · $6.6B to $5.7B
        Aug 26, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $37B to $50B
        Aug 26, 2022 to Mar 30, 2023
      • RAUM · $130B to $154B
        Aug 26, 2022 to Mar 30, 2023
      • Accounts · 1,937 to 1,748
        Jan 27, 2022 to Mar 30, 2022
      • Advisory employees · 229 to 220
        Jan 27, 2022 to Mar 30, 2022
      • BD registered reps · 121 to 125
        Jan 27, 2022 to Mar 30, 2022
      • Charity clients · 30 to 32
        Jan 27, 2022 to Mar 30, 2022
      • Corporate clients · 11 to 13
        Jan 27, 2022 to Mar 30, 2022
      • Pension plan clients · 13 to 12
        Jan 27, 2022 to Mar 30, 2022
      • Employees · 252 to 240
        Jan 27, 2022 to Mar 30, 2022
      • Financial planning clients · 0 to unset
        Jan 27, 2022 to Mar 30, 2022
      • Discretionary RAUM · $121B to $130B
        Jan 27, 2022 to Mar 30, 2022
      • Non-discretionary RAUM · $550M to $232M
        Jan 27, 2022 to Mar 30, 2022
      • Pension RAUM · $5.8B to $6.6B
        Jan 27, 2022 to Mar 30, 2022
      • Pooled vehicle RAUM · $40B to $37B
        Jan 27, 2022 to Mar 30, 2022
      • RAUM · $121B to $130B
        Jan 27, 2022 to Mar 30, 2022
      Signals
      13 dated events
      • Nmn K•••• J•••• (Secretary) no longer on Schedule A of P•• A•••• M••••••••• L•• (listed 2021-05-06, absent 2021-12-23)
        Dec 23, 2021 · Control person left · inference
      • Denise Cheryl Maddox (Assistant Secretary) no longer on Schedule A of P•• A•••• M••••••••• L•• (listed 2021-05-06, absent 2021-12-23)
        Dec 23, 2021 · Control person left · inference
      • Paul Martin Margolis (President/Manager) no longer on Schedule A of P•• A•••• M••••••••• L•• (listed 2021-05-06, absent 2021-12-23)
        Dec 23, 2021 · Control person left · inference
      • Herbert John Bonow (Ceo & Manager) no longer on Schedule A of P•• A•••• M••••••••• L•• (listed 2021-05-06, absent 2021-12-23)
        Dec 23, 2021 · Control person left · inference
      • Jude Richard Ertel (Chief Counsel & Secretary) appeared on Schedule A of P•• A•••• M••••••••• L••
        Dec 23, 2021 · Control person joined · fact
      • Eric Kenneth Schiebel (Chief Investment Officer) appeared on Schedule A of P•• A•••• M••••••••• L••
        Dec 23, 2021 · Control person joined · fact
      • William John Molloy (Chief Admnistrative Officer) appeared on Schedule A of P•• A•••• M••••••••• L••
        Dec 23, 2021 · Control person joined · fact
      • James Eric Thole (Ceo & President) appeared on Schedule A of P•• A•••• M••••••••• L••
        Dec 23, 2021 · Control person joined · fact
      • Michele Jill Stevenson (Treasurer) appeared on Schedule A of P•• A•••• M••••••••• L••
        Dec 23, 2021 · Control person joined · fact
      • Jean Debra Goodnight (Secretary/Asst. Treasurer) no longer on Schedule A of P•• A•••• M••••••••• L•• (listed 2019-03-29, absent 2019-07-11)
        Jul 11, 2019 · Control person left · inference
      • Denise Cheryl Maddox (Assistant Secretary) appeared on Schedule A of P•• A•••• M••••••••• L••
        Jul 11, 2019 · Control person joined · fact
      • K•••• J•••• (Secretary) appeared on Schedule A of P•• A•••• M••••••••• L••
        Jul 11, 2019 · Control person joined · fact
      • Steve Boyle (Treasurer/Asst. Secretary/Manager) no longer on Schedule A of P•• A•••• M••••••••• L•• (listed 2019-02-11, absent 2019-03-29)
        Mar 29, 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.
      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