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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SEC-registered adviser

G•• A•••• M••••••••• L••

Independent wealth managerPlymouth, MichiganCRD 124332SEC 801-67414websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 16, 2012 · 26 filings
SEC status approved since Jan 18, 2007
RAUM
$628M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
88%
$550M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$157M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$628M as of Mar 30, 2026
Mar 16, 2012$103M then
HNW client RAUM$397M as of Mar 30, 2026
Mar 15, 2018$139M then
State-registered IARs (5.B.3)4 as of Mar 30, 2026
Mar 16, 20120 then
Employees (5.A)4 as of Mar 30, 2026
Mar 25, 20133 then
Private funds: no history
RAUM +18% over the last fiscal year+17% a year over threeIARs 6 to 4
Practice profile
derived from the filing of Mar 30, 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
$157MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
123derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.2MderivedHNW RAUM over HNW clients
Average account
$462,148derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
12%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
-33%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.2%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Custody
$22,649, 1 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
  • High-net-worth individuals$397M63%
  • Individuals$153M24%
  • Charitable organizations$76.3M12%
  • Corporations and businesses$2.0M0.3%
Individual clients
395reported
HNW clients
95reported
Pension plan clients
0reported
Charitable clients
16reported
Accounts
1,359reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$22,649 for 1 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.88 fund_share=0.0 institutional_share=0.12 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S•••• E••••• A•••••••••Certified Financial PlannerPlymouth, MiOct 13, 201724 y1
S••••• T•••••• S••••Plymouth, MiJan 5, 201823 y0
L••• M•••• C••••Certified Financial PlannerPlymouth, MiJan 18, 201832 y0
B•••••• O••• H•••••••Plymouth, MiNov 11, 202412 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • A••••••••• S••••• E••••• · Managing Member, Chief Compliance Officercontrol
    since 11/2001 · owns 50% to 75%
  • S••••• S•••••• T•••••• · Membercontrol
    since 07/2003 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Plymouth, Mi · principal400
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • advisor count dropChange between filings · filing Mar 30, 2026
    advisory representatives (Item 5.B.3) moved from 6.0 to 4.0 (-33.0%) between the annual amendments of 2025-03-07 and 2026-03-30; the peer median change was 0.0% (795 comparable advisers, 2.0th percentile of changes)
    peers: independent wealth managers, $500M to $1B (795) · 1.6% percentile
  • business activity changedChange between filings · filing Mar 30, 2026
    selection of other advisers (Item 5.G.7): no on the filing of 2025-03-07, yes on the filing of 2026-03-30
    peers: independent wealth managers, $500M to $1B (1,482)
What changed
consecutive filings, newest first
  • Accounts · 1,298 to 1,359
    Mar 7, 2025 to Mar 30, 2026
  • Advisory employees · 6 to 4
    Mar 7, 2025 to Mar 30, 2026
  • Advisory activities · 2 to 4
    Mar 7, 2025 to Mar 30, 2026
  • HNW clients · 94 to 95
    Mar 7, 2025 to Mar 30, 2026
  • Individual clients · 381 to 395
    Mar 7, 2025 to Mar 30, 2026
  • Assets in custody · $21,917 to $22,649
    Mar 7, 2025 to Mar 30, 2026
  • Employees · 6 to 4
    Mar 7, 2025 to Mar 30, 2026
  • Financial planning clients · 101-250 to 251-500
    Mar 7, 2025 to Mar 30, 2026
  • State-registered IARs · 6 to 4
    Mar 7, 2025 to Mar 30, 2026
  • Discretionary RAUM · $530M to $628M
    Mar 7, 2025 to Mar 30, 2026
  • HNW RAUM · $345M to $397M
    Mar 7, 2025 to Mar 30, 2026
  • Individual RAUM · $125M to $153M
    Mar 7, 2025 to Mar 30, 2026
  • Pension RAUM · 3186844.0 to unset
    Mar 7, 2025 to Mar 30, 2026
  • RAUM · $530M to $628M
    Mar 7, 2025 to Mar 30, 2026
  • Accounts · 1,212 to 1,298
    Apr 30, 2024 to Mar 7, 2025
  • Advisory employees · 5 to 6
    Apr 30, 2024 to Mar 7, 2025
  • Charity clients · 15 to 16
    Apr 30, 2024 to Mar 7, 2025
  • Corporate clients · 5 to 0
    Apr 30, 2024 to Mar 7, 2025
  • HNW clients · 93 to 94
    Apr 30, 2024 to Mar 7, 2025
  • Individual clients · 366 to 381
    Apr 30, 2024 to Mar 7, 2025
  • Assets in custody · $41,183 to $21,917
    Apr 30, 2024 to Mar 7, 2025
  • Employees · 5 to 6
    Apr 30, 2024 to Mar 7, 2025
  • Financial planning clients · 101-250 to 101-250
    Apr 30, 2024 to Mar 7, 2025
  • State-registered IARs · 5 to 6
    Apr 30, 2024 to Mar 7, 2025
  • Discretionary RAUM · $461M to $530M
    Apr 30, 2024 to Mar 7, 2025
  • HNW RAUM · $303M to $345M
    Apr 30, 2024 to Mar 7, 2025
  • Individual RAUM · $105M to $125M
    Apr 30, 2024 to Mar 7, 2025
  • Pension RAUM · $0 to $3.2M
    Apr 30, 2024 to Mar 7, 2025
  • RAUM · $461M to $530M
    Apr 30, 2024 to Mar 7, 2025
  • Accounts · 1,099 to 1,212
    Jul 11, 2023 to Mar 5, 2024
  • Corporate clients · unset to 5.0
    Jul 11, 2023 to Mar 5, 2024
  • HNW clients · 71 to 93
    Jul 11, 2023 to Mar 5, 2024
  • Individual clients · 356 to 366
    Jul 11, 2023 to Mar 5, 2024
  • Pension plan clients · unset to 0.0
    Jul 11, 2023 to Mar 5, 2024
  • Assets in custody · $55,770 to $41,183
    Jul 11, 2023 to Mar 5, 2024
  • Discretionary RAUM · $389M to $461M
    Jul 11, 2023 to Mar 5, 2024
  • HNW RAUM · $239M to $303M
    Jul 11, 2023 to Mar 5, 2024
  • Individual RAUM · $105M to $105M
    Jul 11, 2023 to Mar 5, 2024
  • Pension RAUM · $2.3M to $0
    Jul 11, 2023 to Mar 5, 2024
  • RAUM · $389M to $461M
    Jul 11, 2023 to Mar 5, 2024
Signals
1 dated events
  • D•••• A••••• L•••••• left G•• A•••• M••••••••• L•• for F••••• W••••• M••••••••• L••• (registered 2025-09-22)
    Mar 20, 2025 · Advisor changed firm · 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
Business email
info@gemasset.netreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
734-737-9108reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/gem-asset-managementreportedpublic record, Form ADV, Sep 18, 2026
Website
GEMASSET.NETreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
734-737-9108reportedpublic record, Form ADV, Mar 30, 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
$157Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026