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

The Caprock Group, LLC

Independent wealth managerBoise, IdahoCRD 124272SEC 801-61642websiteIAPD
Latest filing Aug 7, 2026
First filing on the tape Mar 28, 2012 · 38 filings
SEC status approved since Dec 17, 2002
RAUM
$12B
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
91%
$11B individuals and HNW
Advisors
49
registered through the firm on IAPD
RAUM per advisor
$255M
derived; firm RAUM over IAPD count
Employees
67
38 advisory (5.B.1)
Offices
11
beyond the principal office
Private funds
0
reported on Schedule D
History
38 filings and snapshots on the tape
RAUM$12B as of Aug 7, 2026
Mar 28, 2012$937M then
HNW client RAUM$11B as of Aug 7, 2026
Mar 15, 2018$2.1B then
State-registered IARs (5.B.3)46 as of Aug 7, 2026
Mar 26, 201318 then
Employees (5.A)67 as of Aug 7, 2026
Mar 26, 201320 then
Private funds1 as of Feb 18, 2022
Mar 28, 20123 then
RAUM +23% over the last fiscal year+28% a year over threeIARs 43 to 46
Practice profile
derived from the filing of Aug 7, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
$255MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
9derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$28.3MderivedHNW RAUM over HNW clients
Average account
$28.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
9.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
4.1derived12 offices incl. principal (1.F.5)
RAUM growth, one year
+23%derivedbetween the last two annual amendments
Advisor growth, one year
+7.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.3%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisers, otherreportedItem 5.G
Custody
$3.7B, 434 clientsreportedItem 9.A
Ownership
controlled by a public reporting companyderived
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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • controlled by a public reporting company (10.A)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$11B90%
  • Charitable organizations$1.2B9.5%
  • Individuals$17.4M0.1%
Individual clients
22reported
HNW clients
398reported
Pension plan clients
n/areported
Charitable clients
16reported
Accounts
436reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$3.7B for 434 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.91 fund_share=0.0 institutional_share=0.09 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
49 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Mark Kenneth GustafsonChartered Financial AnalystBoise, IdMay 5, 200421 y0
Jessica Summer HabermanBoise, IdAug 18, 200523 y1
William Gordon GilbertBoise, IdAug 18, 200528 y1
Dallas K MockBoise, IdAug 31, 200521 y0
Gregory Aaron BrownBoise, Id Mar 26, 200724 y0
Andy G PazdanBoise, IdJun 14, 200720 y0
Erik Van JensenCertified Financial PlannerBoise, IdJan 14, 201116 y1
Laura Ann GreenigBoise, IdApr 4, 201116 y0
Jefferson Richard JewellBoise, IdJun 27, 201115 y0
Natalie Dawn HolmChartered Financial AnalystBoise, Id Dec 14, 201127 y1
Gregory James MechNewport Beach, Ca Mar 19, 201345 y1
Jeffrey Michael GumesonChartered Financial AnalystPark City, Ut Feb 27, 201513 y0
Michelle Alisa MoseyBoise, IdJan 19, 201810 y0
Kiersten Janaye AdlingPark City, Ut Sep 11, 201813 y0
William R MechBoise, Id Oct 15, 201811 y0
John Andrew NordstromMercer Island, Wa Sep 18, 201911 y0
Joseph John GryniukChartered Financial AnalystBoise, Id Jul 6, 202114 y0
Kellianne Renee BarrowBoise, Id Nov 18, 202111 y0
Julia Nicole NorthcottBoise, Id Apr 18, 202212 y0
Kellen Joseph SchmitzChartered Financial AnalystBoise, IdJun 13, 202210 y1
Christa Nicole GunnerCertified Financial PlannerBoise, IdJul 8, 202211 y1
Anna Sophia WhelchelNew York, Ny Jun 5, 202312 y0
John Michael SheffieldBoise, Id Sep 28, 202313 y0
Whitney W WarmackCertified Financial PlannerBoise, Id Sep 28, 202319 y5
Garrett Daniel DinsmoreBoise, Id Dec 21, 202310 y0
Joseph French PageBoise, Id Apr 15, 202432 y1
Jeffrey Scott FriedsteinChicago, Il Apr 16, 202432 y1
Monica BarreraChicagp, Il Apr 24, 202424 y3
Timothy Charles SimonBoise, Id Apr 25, 202412 y1
Ryan SingerBoise, Id May 14, 202410 y1
Melissa AhearnBoise, Id May 14, 202418 y2
Roger J KlauerBoise, Id May 18, 202414 y3
Peter Traugott LawlerBluffton, Sc May 22, 202425 y1
Porter Thomas MilnerBoise, Id Aug 7, 202410 y0
Chase Ethan GrossmanSan Jose, Ca Dec 11, 202413 y0
Bennie Warren FowlerDenver, Co Dec 11, 202412 y0
James Richard RockSan Jose, Ca Jan 1, 202524 y0
Eric Niklas OsmundsonBoise, Id Jan 2, 202511 y0
Timothy William SkinnerBoise, IdJan 7, 202512 y1
David Lavin SolowChicago, Il Feb 25, 202517 y0
All 49 advisors at The Caprock Group, LLC
Advisor movement
1 left, 2 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 2.0% of current headcount4 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    3 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    Tcg Partners Fund I, LLC,no longer reportedPrivate Equity Fund$3.3M6Mar 26, 2013
    Tcg Real Estate Debt Financing Fund I, LLCno longer reportedPrivate Equity Fund$00Mar 28, 2012
    Tcg Real Estate Debt Financing Fund I (Founder), LLCno longer reportedPrivate Equity Fund$032Mar 28, 2012
    Owners and control persons
    Schedule A and B, latest filing
    • Aaron Gregory Brown · Co-President Chief Compliance Officercontrol
      since 01/2007 · owns 5% to 10%
    • Gordon William Gilbert · Co-Presidentcontrol
      since 08/2005 · owns 5% to 10%
    • Kenneth Mark Gustafson · Chief Investment Officer Impactcontrol
      since 01/2004 · owns 5% to 10%
    • Richard James Rock · Chief Portfolio Strategistcontrol
      since 01/2026 · owns less than 5%
    • Richard Jefferson Jewell · Chief Operating Officer / Chief Compliance Officer
      since 09/2015 · owns less than 5%
    • Thomas Glenn Michael · Chief Financial Officer
      since 07/2018 · owns less than 5%
    Entity owners
    • Tcg Midco, LLC · Unit Holder
      direct · owns 75% or more
    • Ta/Tcg Holdings, LLC · Unit Holder
      indirect · owns 50% to 75% of Tcg Midco, LLC
    • Tcg Holdings, Inc. · Unit Holder
      indirect · owns 25% to 50% of Ta/Tcg Holdings, LLC
    Related persons
    Schedule D 7.A
    Advisers that list The Caprock Group, LLC as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Boise, Id · principal4971
    Chicago, Il620
    Mercer Island, Wa600
    Park City, Ut300
    Newport Beach, Ca310
    San Jose, Ca300
    Scottsdale, Az200
    Austin, Tx200
    Offices
    Schedule D 1.F, the 25 largest
    • Mercer Island, WA6 employees
    • Park City, UT3 employees
    • Chicago, IL3 employees
    • Austin, TX3 employees
    • Scottsdale, AZ2 employees
    • New York, NY2 employees
    • Newport Beach, CA2 employees
    • San Jose, CA2 employees
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing Aug 7, 2026
      GUSTAFSON, MARK, KENNETH (CHIEF INVESTMENT OFFICER IMPACT) left Schedule A between the filings of 2022-02-18 and 2026-08-07
      peers: independent wealth managers, $5B to $20B (289)
    What changed
    consecutive filings, newest first
    • Accounts · 408 to 436
      Apr 15, 2025 to Mar 26, 2026
    • Advisory employees · 36 to 38
      Apr 15, 2025 to Mar 26, 2026
    • Charity clients · 13 to 16
      Apr 15, 2025 to Mar 26, 2026
    • HNW clients · 368 to 398
      Apr 15, 2025 to Mar 26, 2026
    • Individual clients · 27 to 22
      Apr 15, 2025 to Mar 26, 2026
    • Assets in custody · $3.0B to $3.7B
      Apr 15, 2025 to Mar 26, 2026
    • Employees · 64 to 67
      Apr 15, 2025 to Mar 26, 2026
    • State-registered IARs · 43 to 46
      Apr 15, 2025 to Mar 26, 2026
    • Discretionary RAUM · $9.9B to $12B
      Apr 15, 2025 to Mar 26, 2026
    • HNW RAUM · $9.2B to $11B
      Apr 15, 2025 to Mar 26, 2026
    • Individual RAUM · $17.2M to $17.4M
      Apr 15, 2025 to Mar 26, 2026
    • Non-discretionary RAUM · $250M to $237M
      Apr 15, 2025 to Mar 26, 2026
    • RAUM · $10B to $12B
      Apr 15, 2025 to Mar 26, 2026
    • Accounts · 386 to 408
      Oct 7, 2024 to Apr 15, 2025
    • Advisory employees · 35 to 36
      Oct 7, 2024 to Apr 15, 2025
    • HNW clients · 388 to 368
      Oct 7, 2024 to Apr 15, 2025
    • Individual clients · 35 to 27
      Oct 7, 2024 to Apr 15, 2025
    • Assets in custody · $2.9B to $3.0B
      Oct 7, 2024 to Apr 15, 2025
    • Employees · 63 to 64
      Oct 7, 2024 to Apr 15, 2025
    • Financial planning clients · 251-500 to 251-500
      Oct 7, 2024 to Apr 15, 2025
    • State-registered IARs · 41 to 43
      Oct 7, 2024 to Apr 15, 2025
    • Other offices · 8 to 11
      Oct 7, 2024 to Apr 15, 2025
    • Discretionary RAUM · $9.0B to $9.9B
      Oct 7, 2024 to Apr 15, 2025
    • HNW RAUM · $8.4B to $9.2B
      Oct 7, 2024 to Apr 15, 2025
    • Individual RAUM · $19.0M to $17.2M
      Oct 7, 2024 to Apr 15, 2025
    • Non-discretionary RAUM · $356M to $250M
      Oct 7, 2024 to Apr 15, 2025
    • RAUM · $9.4B to $10B
      Oct 7, 2024 to Apr 15, 2025
    • Accounts · 317 to 386
      Jun 20, 2024 to Oct 7, 2024
    • Advisory employees · 30 to 35
      Jun 20, 2024 to Oct 7, 2024
    • Advisory activities · 5 to 6
      Jun 20, 2024 to Oct 7, 2024
    • Charity clients · 12 to 13
      Jun 20, 2024 to Oct 7, 2024
    • HNW clients · 266 to 388
      Jun 20, 2024 to Oct 7, 2024
    • Individual clients · 39 to 35
      Jun 20, 2024 to Oct 7, 2024
    • Assets in custody · $2.2B to $2.9B
      Jun 20, 2024 to Oct 7, 2024
    • Employees · 50 to 63
      Jun 20, 2024 to Oct 7, 2024
    • Financial planning clients · 0 to 251-500
      Jun 20, 2024 to Oct 7, 2024
    • State-registered IARs · 34 to 41
      Jun 20, 2024 to Oct 7, 2024
    • Other offices · 4 to 8
      Jun 20, 2024 to Oct 7, 2024
    • Discretionary RAUM · $6.7B to $9.0B
      Jun 20, 2024 to Oct 7, 2024
    • HNW RAUM · $6.2B to $8.4B
      Jun 20, 2024 to Oct 7, 2024
    Signals
    11 dated events
    • Venturi Private Wealth reported succeeding to the business of The Caprock Group, Llc (Form ADV Item 4)
      Aug 31, 2026 · Succession (Item 4) · fact
    • Casey Michael Broderick left The Caprock Group, Llc for Basecamp Wealth Advisors, Llc (registered 2026-07-13)
      May 15, 2026 · Advisor changed firm · fact
    • Adrienne Ann Martain Black left The Caprock Group, Llc for J.P. Morgan Securities Llc (registered 2025-10-23)
      Jul 29, 2025 · Advisor changed firm · fact
    • Nicolas Michael Flores left The Caprock Group, Llc for Capricorn Investment Group Llc (registered 2026-02-18)
      Jan 16, 2025 · Advisor changed firm · fact
    • The Caprock Group, Llc reported RAUM $9.4B, up 35% from $6.9B (2024-06-20 to 2024-10-07)
      Oct 7, 2024 · RAUM change · derived
    • Daniel Luikwong Yeung left The Caprock Group, Llc for Coldstream Wealth Management (registered 2024-11-04)
      Oct 1, 2024 · Advisor changed firm · fact
    • Grey Street Capital, LLC's advisors moved to The Caprock Group, LLC (Chicago, IL): 5 of 8 registered, on the same day
      Apr 23, 2024 · Firm absorbed (people side) · derived
    • Eric Michael Sassano left The Caprock Group, Llc for Compound Advisers, Inc. (registered 2022-06-15)
      May 20, 2022 · Advisor changed firm · fact
    • The Caprock Group, Inc. reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Dec 1, 2021 · Succession (Item 4) · fact
    • The Caprock Group, Llc reported RAUM $4.7B, up 30% from $3.6B (2020-09-22 to 2021-03-16)
      Mar 16, 2021 · RAUM change · derived
    • The Caprock Group, Llc reported RAUM $3.6B, up 32% from $2.8B (2019-03-12 to 2020-03-27)
      Mar 27, 2020 · RAUM change · derived
    Across DFX
    shared identifiers only, never a name match
    How to reach
    public business contact points only, each with its source
    Business phone
    208-368-9600reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    866-311-5292reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/caprock-alignedwealthreportedpublic record, Form ADV, Sep 17, 2026
    Website
    caprock.comreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    (208) 368-9600reportedpublic record, Form ADV, Aug 7, 2026
    Contact form
    caprock.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
    Team page
    caprock.com/about/our-teamreportedpublished 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
    $255Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026