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

Hedeker Wealth LLC

Independent wealth managerLincolnshire, IllinoisCRD 124341SEC 801-61654websiteIAPD
Latest filing Aug 20, 2026
First filing on the tape Mar 5, 2012 · 49 filings
SEC status approved since Dec 10, 2002
RAUM
$595M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$579M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$298M
derived; firm RAUM over IAPD count
Employees
6
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
49 filings and snapshots on the tape
RAUM$595M as of Aug 20, 2026
Mar 5, 2012$126M then
HNW client RAUM$535M as of Aug 20, 2026
Mar 8, 2018$154M then
State-registered IARs (5.B.3)2 as of Aug 20, 2026
Mar 5, 20120 then
Employees (5.A)6 as of Aug 20, 2026
Feb 20, 20134 then
Private funds: no history
RAUM +27% over the last fiscal year+23% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Aug 20, 2026; every figure names its basis
Archetypes, each a printed rule
  • PE backed · a Schedule A entity owner at 25 percent or more whose exact legal name is a PE fund vehicle or a classified PE sponsor on the DFX private equity graph
RAUM per advisor
$298MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
100derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.9MderivedHNW RAUM over HNW clients
Average account
$774,920derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+27%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.6%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for pooled vehiclesreportedItem 5.G
Ownership
a PE fund or sponsor is a 25 percent or greater owner on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$535M90%
  • Individuals$43.5M7.3%
  • Pooled investment vehicles$15.5M2.6%
  • Charitable organizations$692,2030.1%
Individual clients
90reported
HNW clients
109reported
Pension plan clients
n/areported
Charitable clients
6reported
Accounts
768reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.97 fund_share=0.03 institutional_share=0.0 related_bd=true related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Dean Richard HedekerLincolnshire, IlDec 20, 200236 y1
Thomas Murray RyanLincolnshire, IlNov 2, 202110 y1
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 headcount0 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Richard Dean Hedeker · Founder, Managing Director, And Ccocontrol
    since 07/2021 · owns less than 5%
  • Van Joel Bennett · Chief Financial Officer
    since 07/2021 · owns less than 5%
  • Ann Lori Markham · Assistant Secretary
    since 07/2021 · owns less than 5%
  • Bredt Robert Norwood · Vice President And Secretary
    since 07/2021 · owns less than 5%
  • Yin Yin · Controller And Assistant Secretary
    since 07/2021 · owns less than 5%
Entity owners
  • Bluespring Wealth Partners, LLC · Owner
    direct · owns 75% or more
  • Kestra Advisor Services Holdings A, Inc. · Owner
    indirect · owns 75% or more of Kestra Advisor Services Holdings B, Inc.
  • Kestra Advisor Services Holdings B, Inc. · Owner
    indirect · owns 75% or more of Kestra Advisor Services Holdings C, Inc.
  • Kestra Advisor Services Holdings C, Inc. · Owner
    indirect · owns 75% or more of Kestra Financial, Inc.
  • Kestra Financial, Inc. · Owner
    indirect · owns 75% or more of Bluespring Wealth Partners, LLC
  • Kingfisher Holding A, Inc. · Owner
    indirect · owns 75% or more of Kingfisher Holding B, Inc.
  • Kingfisher Holding B, Inc. · Owner
    indirect · owns 75% or more of Kestra Advisor Services Holdings A, Inc.
  • Kingfisher Holding, L.P. · Owner
    indirect · owns 75% or more of Kingfisher Holding A, Inc.
  • Ohcp Vi Enzo Aggregator, L.P. · Owner
    indirect · owns 25% to 50% of Kingfisher Holding, L.P.
  • Warburg Pincus Financial Sector, L.P. · Limited Partner
    indirect · owns 25% to 50% of Kingfisher Holding, L.P.
Related persons
Schedule D 7.A
Advisers that list Hedeker Wealth LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Lincolnshire, Il · principal200
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • large related person networkStatic outlier · filing Aug 20, 2026
    related persons on Schedule D 7.A of 23.0 against a peer median of 4.0 (97 comparable advisers, 99.0th percentile, 12.8 robust deviations)
    peers: independent wealth managers, $500M to $1B (97) · 99% percentile
What changed
consecutive filings, newest first
  • Accounts · 707 to 768
    Dec 22, 2025 to Mar 16, 2026
  • Charity clients · 5 to 6
    Dec 22, 2025 to Mar 16, 2026
  • HNW clients · 94 to 109
    Dec 22, 2025 to Mar 16, 2026
  • Individual clients · 100 to 90
    Dec 22, 2025 to Mar 16, 2026
  • Pooled vehicle clients · 47 to 59
    Dec 22, 2025 to Mar 16, 2026
  • Employees · 8 to 6
    Dec 22, 2025 to Mar 16, 2026
  • Discretionary RAUM · $470M to $595M
    Dec 22, 2025 to Mar 16, 2026
  • HNW RAUM · $414M to $535M
    Dec 22, 2025 to Mar 16, 2026
  • Individual RAUM · $43.9M to $43.5M
    Dec 22, 2025 to Mar 16, 2026
  • Pooled vehicle RAUM · $12.3M to $15.5M
    Dec 22, 2025 to Mar 16, 2026
  • RAUM · $470M to $595M
    Dec 22, 2025 to Mar 16, 2026
  • Financial planning clients · unset to
    Mar 11, 2025 to Jun 23, 2025
  • Accounts · 653 to 707
    Dec 4, 2024 to Mar 11, 2025
  • Charity clients · 6 to 5
    Dec 4, 2024 to Mar 11, 2025
  • HNW clients · 81 to 94
    Dec 4, 2024 to Mar 11, 2025
  • Individual clients · 111 to 100
    Dec 4, 2024 to Mar 11, 2025
  • Pension plan clients · 0.0 to unset
    Dec 4, 2024 to Mar 11, 2025
  • Pooled vehicle clients · 39 to 47
    Dec 4, 2024 to Mar 11, 2025
  • Discretionary RAUM · $367M to $470M
    Dec 4, 2024 to Mar 11, 2025
  • HNW RAUM · $310M to $414M
    Dec 4, 2024 to Mar 11, 2025
  • Individual RAUM · $47.9M to $43.9M
    Dec 4, 2024 to Mar 11, 2025
  • Pension RAUM · 0.0 to unset
    Dec 4, 2024 to Mar 11, 2025
  • Pooled vehicle RAUM · $9.0M to $12.3M
    Dec 4, 2024 to Mar 11, 2025
  • RAUM · $367M to $470M
    Dec 4, 2024 to Mar 11, 2025
  • Accounts · 676 to 653
    Oct 20, 2023 to Mar 11, 2024
  • HNW clients · 79 to 81
    Oct 20, 2023 to Mar 11, 2024
  • Individual clients · 107 to 111
    Oct 20, 2023 to Mar 11, 2024
  • Pension plan clients · 2 to 0
    Oct 20, 2023 to Mar 11, 2024
  • Pooled vehicle clients · 18 to 39
    Oct 20, 2023 to Mar 11, 2024
  • Employees · 7 to 8
    Oct 20, 2023 to Mar 11, 2024
  • Discretionary RAUM · $318M to $367M
    Oct 20, 2023 to Mar 11, 2024
  • HNW RAUM · $262M to $310M
    Oct 20, 2023 to Mar 11, 2024
  • Individual RAUM · $42.0M to $47.9M
    Oct 20, 2023 to Mar 11, 2024
  • Pension RAUM · $6.0M to $0
    Oct 20, 2023 to Mar 11, 2024
  • Pooled vehicle RAUM · $7.5M to $9.0M
    Oct 20, 2023 to Mar 11, 2024
  • RAUM · $318M to $367M
    Oct 20, 2023 to Mar 11, 2024
  • Accounts · 613 to 676
    Jun 23, 2022 to Mar 23, 2023
  • Advisory activities · 1 to 2
    Jun 23, 2022 to Mar 23, 2023
  • Charity clients · 8 to 6
    Jun 23, 2022 to Mar 23, 2023
  • HNW clients · 83 to 79
    Jun 23, 2022 to Mar 23, 2023
Signals
2 dated events
  • Hedeker Wealth Llc reported RAUM $595.1M, up 27% from $470.1M (2025-12-22 to 2026-03-16)
    Mar 16, 2026 · RAUM change · derived
  • Hedeker Wealth Llc reported RAUM $470.1M, up 28% from $367.0M (2024-12-04 to 2025-03-11)
    Mar 11, 2025 · RAUM change · derived
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@hedekerwealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
847-913-5594reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
847-913-6793reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
866-523-7837reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
LINKEDIN.COM/COMPANY/HEDEKER-WEALTHreportedpublic record, Form ADV, Sep 18, 2026
Website
HEDEKERWEALTH.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
847-913-5594reportedpublic record, Form ADV, Aug 20, 2026
Contact form
hedekerwealth.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
hedekerwealth.com/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
$298Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026