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

E•••••• C•••••• A•••••••••

Wealth manager with institutional or fund businessNew Orleans, LouisianaCRD 124471SEC 801-61979websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 30, 2012 · 29 filings
SEC status approved since Apr 17, 2003
RAUM
$214M
reported, Item 5.F
Discretionary
46%
of RAUM
Private clients
37%
$78.3M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$107M
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$214M as of Mar 30, 2026
Mar 30, 2012$2.5B then
HNW client RAUM$68.9M as of Mar 30, 2026
Mar 30, 2018$59.5M then
State-registered IARs (5.B.3)2 as of Mar 30, 2026
Mar 30, 20120 then
Employees (5.A)6 as of Mar 30, 2026
Mar 27, 201310 then
Private funds1 as of Mar 30, 2026
Mar 28, 20141 then
RAUM +6.4% over the last fiscal year-18% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
RAUM per advisor
$107MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
19derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.9MderivedHNW RAUM over HNW clients
Average account
$4.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
46%derivedof RAUM
Institutional
60%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+6.4%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 assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, pension consulting, selection of other advisers, otherreportedItem 5.G
Wrap fee program
$13.7MreportedItem 5.I
Custody
$40.1M, 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)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Charitable organizations$129M60%
  • High-net-worth individuals$68.9M32%
  • Individuals$9.5M4.4%
  • Pooled investment vehicles$6.8M3.2%
Individual clients
13reported
HNW clients
24reported
Pension plan clients
0reported
Charitable clients
8reported
Accounts
46reported
Financial planning clients
0reported
Wrap fee programs
$13.7M sponsored, $0 managedreported
Custody of client assets
$40.1M for 1 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.37 fund_share=0.03 institutional_share=0.6 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D•••• S••••• T•••••New Orleans, LaOct 12, 201245 y2
D•••• L•••• F••••••New Orleans, LaApr 8, 201317 y0
Advisor movement
0 left, 0 joined in 12 months
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
E•••••• E•••••••• F•••• L•••Hedge Fund$45.0M26Jul 31, 2013
Owners and control persons
Schedule A and B, latest filing
  • T•••••• D••••• S••••• · Chief Executive Officercontrol
    since 09/2002 · owns 75% or more
  • F••••••• D••••• L•••• · Chief Compliance Officer
    since 01/2018 · owns less than 5%
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
New Orleans, La · principal200
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • high institutional concentrationStatic outlier · filing Mar 30, 2026
    institutional share of RAUM of 60% against a peer median of 0% (5676 comparable advisers, 99.0th percentile, 20.2 robust deviations)
    peers: independent wealth managers, $100M to $500M (5,676) · 99% percentile
What changed
consecutive filings, newest first
  • Accounts · 45 to 46
    Mar 26, 2025 to Mar 30, 2026
  • Charity clients · 6 to 8
    Mar 26, 2025 to Mar 30, 2026
  • HNW clients · 23 to 24
    Mar 26, 2025 to Mar 30, 2026
  • Individual clients · 15 to 13
    Mar 26, 2025 to Mar 30, 2026
  • Assets in custody · $38.1M to $40.1M
    Mar 26, 2025 to Mar 30, 2026
  • Discretionary RAUM · $110M to $98.1M
    Mar 26, 2025 to Mar 30, 2026
  • HNW RAUM · $60.0M to $68.9M
    Mar 26, 2025 to Mar 30, 2026
  • Individual RAUM · $10.5M to $9.5M
    Mar 26, 2025 to Mar 30, 2026
  • Non-discretionary RAUM · $91.7M to $116M
    Mar 26, 2025 to Mar 30, 2026
  • Pooled vehicle RAUM · $9.3M to $6.8M
    Mar 26, 2025 to Mar 30, 2026
  • RAUM · $201M to $214M
    Mar 26, 2025 to Mar 30, 2026
  • Wrap assets (sponsor) · $26.9M to $13.7M
    Mar 26, 2025 to Mar 30, 2026
  • Accounts · 55 to 45
    Mar 29, 2024 to Mar 26, 2025
  • Charity clients · 9 to 6
    Mar 29, 2024 to Mar 26, 2025
  • HNW clients · 26 to 23
    Mar 29, 2024 to Mar 26, 2025
  • Assets in custody · $45.0M to $38.1M
    Mar 29, 2024 to Mar 26, 2025
  • Financial planning clients · 0 to 0
    Mar 29, 2024 to Mar 26, 2025
  • Discretionary RAUM · $98.7M to $110M
    Mar 29, 2024 to Mar 26, 2025
  • HNW RAUM · $75.7M to $60.0M
    Mar 29, 2024 to Mar 26, 2025
  • Individual RAUM · $5.2M to $10.5M
    Mar 29, 2024 to Mar 26, 2025
  • Non-discretionary RAUM · $118M to $91.7M
    Mar 29, 2024 to Mar 26, 2025
  • Pooled vehicle RAUM · $4.1M to $9.3M
    Mar 29, 2024 to Mar 26, 2025
  • RAUM · $217M to $201M
    Mar 29, 2024 to Mar 26, 2025
  • Wrap assets (sponsor) · $37.7M to $26.9M
    Mar 29, 2024 to Mar 26, 2025
  • Accounts · 70 to 55
    Mar 30, 2023 to Mar 29, 2024
  • Advisory employees · 8 to 5
    Mar 30, 2023 to Mar 29, 2024
  • Assets in custody · $69.2M to $45.0M
    Mar 30, 2023 to Mar 29, 2024
  • Employees · 10 to 6
    Mar 30, 2023 to Mar 29, 2024
  • State-registered IARs · 4 to 2
    Mar 30, 2023 to Mar 29, 2024
  • Discretionary RAUM · $137M to $98.7M
    Mar 30, 2023 to Mar 29, 2024
  • HNW RAUM · $111M to $75.7M
    Mar 30, 2023 to Mar 29, 2024
  • Individual RAUM · $3.1M to $5.2M
    Mar 30, 2023 to Mar 29, 2024
  • Non-discretionary RAUM · $256M to $118M
    Mar 30, 2023 to Mar 29, 2024
  • Pooled vehicle RAUM · $4.0M to $4.1M
    Mar 30, 2023 to Mar 29, 2024
  • RAUM · $393M to $217M
    Mar 30, 2023 to Mar 29, 2024
  • Wrap assets (sponsor) · $77.8M to $37.7M
    Mar 30, 2023 to Mar 29, 2024
  • Accounts · 55 to 70
    Apr 1, 2022 to Mar 30, 2023
  • Advisory employees · 7 to 8
    Apr 1, 2022 to Mar 30, 2023
  • Charity clients · 10 to 9
    Apr 1, 2022 to Mar 30, 2023
  • Corporate clients · 1.0 to unset
    Apr 1, 2022 to Mar 30, 2023
Signals
3 dated events
  • E•••••• C•••••• A••••••••• reported RAUM $217.1M, down 45% from $393.0M (2023-03-30 to 2024-03-29)
    Mar 29, 2024 · RAUM change · derived
  • S•••••• A••• B•••••• left E•••••• C•••••• A••••••••• for S••••••• W••••• M••••••••• (registered 2023-08-23)
    Aug 22, 2023 · Advisor changed firm · fact
  • E•••••• C•••••• A••••••••• reported RAUM $339.1M, down 81% from $1.8B (2018-02-02 to 2018-03-30)
    Mar 30, 2018 · 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
Firm profile
linkedin.com/company/equitas-capital-advisors-llcreportedpublic record, Form ADV, Sep 18, 2026
Website
E••••••-CAPITAL.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
504-569-9600reportedpublic record, Form ADV, Mar 30, 2026
Contact form
equitas.capital/contactreportedpublished by the firm, firm site, Sep 16, 2026
Team page
equitas.capital/teamreportedpublished by the firm, firm site, Sep 16, 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
Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
RAUM per advisor
$107Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026