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.

Former SEC-registered adviser

Bcm Wealth Management

Former SEC-registered adviserWilmington, DelawareCRD 122434SEC 801-110693websiteIAPD
Legal name Biddle Capital Management, Inc.
Latest filing Mar 26, 2025
First filing on the tape May 23, 2017 · 18 filings
SEC status approved since Jul 5, 2017
RAUM
$200M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
6.3%
$12.5M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$200M as of Mar 26, 2025
Mar 12, 2018$149M then
HNW client RAUM$11.8M as of Mar 26, 2025
Mar 12, 2018$28.7M then
State-registered IARs (5.B.3)4 as of Mar 26, 2025
Mar 12, 20185 then
Employees (5.A)5 as of Mar 26, 2025
Mar 12, 20185 then
Private funds: no history
RAUM -32% over the last fiscal year-15% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 26, 2025; every figure names its basis
RAUM per advisor
$49.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
4derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.9MderivedHNW RAUM over HNW clients
Average account
$3.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
88%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-32%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-89%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisers, otherreportedItem 5.G
Custody
$11.8M, 2 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)
  • 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
  • Pension and profit-sharing plans$176M88%
  • High-net-worth individuals$11.8M5.9%
  • Corporations and businesses$11.3M5.6%
  • Individuals$698,8770.4%
Individual clients
13reported
HNW clients
2reported
Pension plan clients
42reported
Charitable clients
n/areported
Accounts
63reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$11.8M for 2 clientsreported
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
4 left, 0 joined in 12 months
net -4 in 12 months0 left in 90 days0 joined in 90 days4 left over 36 months
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
    • David George Biddle · President/Chief Compliance Officercontrol
      since 04/1996 · owns less than 5%
    • David George Biddle · Trusteecontrol
      since 05/2011 · owns F of G. David Biddle Family Trust
    Entity owners
    • G. David Biddle Family Trust · Shareholder
      direct · 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
    Wilmington, De · principal004
    Offices
    Schedule D 1.F, the 25 largest
    • Myrtle Beach, SC1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 439 to 63
      Mar 25, 2024 to Mar 26, 2025
    • Corporate clients · 5 to 1
      Mar 25, 2024 to Mar 26, 2025
    • HNW clients · 26 to 2
      Mar 25, 2024 to Mar 26, 2025
    • Individual clients · 109 to 13
      Mar 25, 2024 to Mar 26, 2025
    • Pension plan clients · 48 to 42
      Mar 25, 2024 to Mar 26, 2025
    • Assets in custody · $47.9M to $11.8M
      Mar 25, 2024 to Mar 26, 2025
    • Financial planning clients · 11-25 to 1-10
      Mar 25, 2024 to Mar 26, 2025
    • Discretionary RAUM · $294M to $200M
      Mar 25, 2024 to Mar 26, 2025
    • HNW RAUM · $68.0M to $11.8M
      Mar 25, 2024 to Mar 26, 2025
    • Individual RAUM · $33.9M to $698,877
      Mar 25, 2024 to Mar 26, 2025
    • Pension RAUM · $178M to $176M
      Mar 25, 2024 to Mar 26, 2025
    • RAUM · $294M to $200M
      Mar 25, 2024 to Mar 26, 2025
    • Accounts · 446 to 439
      Mar 23, 2023 to Mar 25, 2024
    • Corporate clients · 7 to 5
      Mar 23, 2023 to Mar 25, 2024
    • HNW clients · 27 to 26
      Mar 23, 2023 to Mar 25, 2024
    • Individual clients · 113 to 109
      Mar 23, 2023 to Mar 25, 2024
    • Pension plan clients · 54 to 48
      Mar 23, 2023 to Mar 25, 2024
    • Assets in custody · $14.3M to $47.9M
      Mar 23, 2023 to Mar 25, 2024
    • Discretionary RAUM · $268M to $294M
      Mar 23, 2023 to Mar 25, 2024
    • HNW RAUM · $62.2M to $68.0M
      Mar 23, 2023 to Mar 25, 2024
    • Individual RAUM · $32.0M to $33.9M
      Mar 23, 2023 to Mar 25, 2024
    • Pension RAUM · $160M to $178M
      Mar 23, 2023 to Mar 25, 2024
    • RAUM · $268M to $294M
      Mar 23, 2023 to Mar 25, 2024
    • Accounts · 452 to 446
      Apr 12, 2022 to Mar 23, 2023
    • Corporate clients · unset to 7.0
      Apr 12, 2022 to Mar 23, 2023
    • HNW clients · 40 to 27
      Apr 12, 2022 to Mar 23, 2023
    • Individual clients · 101 to 113
      Apr 12, 2022 to Mar 23, 2023
    • Pension plan clients · 51 to 54
      Apr 12, 2022 to Mar 23, 2023
    • Assets in custody · unset to 14293766.0
      Apr 12, 2022 to Mar 23, 2023
    • Custody of client assets · false to true
      Apr 12, 2022 to Mar 23, 2023
    • Discretionary RAUM · $328M to $268M
      Apr 12, 2022 to Mar 23, 2023
    • HNW RAUM · $111M to $62.2M
      Apr 12, 2022 to Mar 23, 2023
    • Individual RAUM · $27.2M to $32.0M
      Apr 12, 2022 to Mar 23, 2023
    • Pension RAUM · $189M to $160M
      Apr 12, 2022 to Mar 23, 2023
    • RAUM · $328M to $268M
      Apr 12, 2022 to Mar 23, 2023
    • Accounts · 451 to 452
      Feb 27, 2022 to Mar 10, 2022
    • HNW clients · 32 to 40
      Feb 27, 2022 to Mar 10, 2022
    • Individual clients · 115 to 101
      Feb 27, 2022 to Mar 10, 2022
    • Pension plan clients · 48 to 51
      Feb 27, 2022 to Mar 10, 2022
    • Financial planning clients · 1-10 to 11-25
      Feb 27, 2022 to Mar 10, 2022
    Signals
    7 dated events
    • Bcm Wealth Management no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $199.5M)
      Dec 20, 2025 · Left the SEC roster · derived
    • Matthew David Tendler left Bcm Wealth Management for Shepherd Financial Investment Advisory Llc (registered 2024-09-20)
      Oct 21, 2025 · Advisor changed firm · fact
    • Kim Lynnette Astin left Bcm Wealth Management for Shepherd Financial Investment Advisory Llc (registered 2024-09-20)
      Oct 21, 2025 · Advisor changed firm · fact
    • George David Biddle left Bcm Wealth Management for Daniels + Tansey, L.L.P. (registered 2005-12-05)
      Oct 21, 2025 · Advisor changed firm · fact
    • Dennis R Stancoven left Bcm Wealth Management for Shepherd Financial Investment Advisory Llc (registered 2024-09-24)
      Oct 21, 2025 · Advisor changed firm · fact
    • Bcm Wealth Management's advisors moved to Shepherd Financial Investment Advisory LLC (Wilmington, DE): 3 of 4 registered, on the same day
      Oct 21, 2025 · Firm absorbed (people side) · derived
    • Bcm Wealth Management filed its initial SEC registration (Form ADV)
      May 23, 2017 · 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.
    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