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

Rice Hall James & Associates LLC

Other adviserSan Diego, CaliforniaCRD 125410SEC 801-61905websiteIAPD
Latest filing May 6, 2026
First filing on the tape Mar 29, 2012 · 27 filings
SEC status approved since Feb 13, 2003
RAUM
$1.7B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
20%
$346M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$348M
derived; firm RAUM over IAPD count
Employees
23
13 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$1.7B as of May 6, 2026
Mar 29, 2012$1.1B then
HNW client RAUM$101M as of May 6, 2026
Mar 29, 2018$127M then
State-registered IARs (5.B.3)6 as of May 6, 2026
Mar 28, 20137 then
Employees (5.A)23 as of May 6, 2026
Mar 28, 201323 then
Private funds: 1
RAUM -2.0% over the last fiscal year-1.2% a year over threeIARs 7 to 6
Practice profile
derived from the filing of May 6, 2026; every figure names its basis
RAUM per advisor
$348MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
42derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.5MderivedHNW RAUM over HNW clients
Average account
$7.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
36%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.6derivedItem 5.A over advisors
Advisors per office
2.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-2.0%derivedbetween the last two annual amendments
Advisor growth, one year
-14%derivedItem 5.B.3 between annual amendments
Client growth, one year
-4.1%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, otherreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$34.7M, 15 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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$449M27%
  • State and municipal entities$308M18%
  • Pension and profit-sharing plans$273M16%
  • Individuals$246M15%
  • Corporations and businesses$179M11%
  • High-net-worth individuals$101M6.0%
  • Investment companies$90.6M5.4%
  • Charitable organizations$40.3M2.4%
Individual clients
143reported
HNW clients
68reported
Pension plan clients
3reported
Charitable clients
9reported
Accounts
249reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $54.0M managedreported
Custody of client assets
$34.7M for 15 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.2 fund_share=0.31 institutional_share=0.36 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Timothy Alan TodaroChartered Financial AnalystSan Diego, CaMar 28, 200333 y1
Gary Schuler RiceSan Diego , CaMar 15, 201043 y1
Thuong-Thao Nguyen Buu-HoanSan Diego, CaApr 30, 201025 y2
Anthon Horton ShawSan Diego, CaOct 21, 201031 y2
Louis Millett HoltzChartered Financial AnalystPasadena, CaMay 18, 201121 y1
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 20% of current headcount1 left over 36 months
Left, latest
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Rhj Paramo Fund, L.P.no longer reportedHedge Fund$15.9M17Mar 29, 2012
Owners and control persons
Schedule A and B, latest filing
  • Nguyen Thuong-Thao Buu-Hoan · Managing Member, Chief Operating Officer, Presidentcontrol
    since 06/2009 · owns 10% to 25%
  • Millett Louis Holtz · Managing Member, Chief Investment Officer, Portfolio Managercontrol
    since 10/2018 · owns 5% to 10%
  • Ytzhak Yossef Lipsker · Managing Member, Portfolio Managercontrol
    since 10/2018 · owns 5% to 10%
  • Ann Janine Marquez · Chief Compliance Officercontrol
    since 06/2009 · owns less than 5%
  • W Thomas Mcdowell · Managing Member, Chief Executive Officer, Co-Chief Investment Officercontrol
    since 02/2003 · owns 10% to 25%
  • Martin Carl Obeck · Member, Chief Financial Officercontrol
    since 06/2009 · owns 5% to 10%
  • Margaret Cara Thome · Managing Member, Portfolio Managercontrol
    since 06/2009 · owns 10% to 25%
  • Alan Timothy Todaro · Managing Member, Portfolio Managercontrol
    since 02/2003 · owns 10% to 25%
  • Schuler Gary Rice · Portfolio Manager
    since 08/1987 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
San Diego, Ca · principal401
Offices
Schedule D 1.F, the 25 largest
  • Pasadena, CA5 employees
What changed
consecutive filings, newest first
  • Accounts · 265 to 249
    Mar 28, 2025 to Mar 26, 2026
  • Advisory employees · 14 to 13
    Mar 28, 2025 to Mar 26, 2026
  • BD registered reps · 2 to 0
    Mar 28, 2025 to Mar 26, 2026
  • Charity clients · 10 to 9
    Mar 28, 2025 to Mar 26, 2026
  • Corporate clients · 14 to 10
    Mar 28, 2025 to Mar 26, 2026
  • HNW clients · 79 to 68
    Mar 28, 2025 to Mar 26, 2026
  • Individual clients · 141 to 143
    Mar 28, 2025 to Mar 26, 2026
  • Pooled vehicle clients · 2 to 1
    Mar 28, 2025 to Mar 26, 2026
  • Assets in custody · $16.9M to $34.7M
    Mar 28, 2025 to Mar 26, 2026
  • Employees · 25 to 23
    Mar 28, 2025 to Mar 26, 2026
  • State-registered IARs · 7 to 6
    Mar 28, 2025 to Mar 26, 2026
  • Discretionary RAUM · $1.8B to $1.7B
    Mar 28, 2025 to Mar 26, 2026
  • HNW RAUM · $96.4M to $101M
    Mar 28, 2025 to Mar 26, 2026
  • Individual RAUM · $224M to $246M
    Mar 28, 2025 to Mar 26, 2026
  • Pension RAUM · $272M to $273M
    Mar 28, 2025 to Mar 26, 2026
  • Pooled vehicle RAUM · $402M to $449M
    Mar 28, 2025 to Mar 26, 2026
  • RAUM · $1.8B to $1.7B
    Mar 28, 2025 to Mar 26, 2026
  • Wrap assets (manager) · $58.8M to $54.0M
    Mar 28, 2025 to Mar 26, 2026
  • Accounts · 286 to 265
    Mar 28, 2024 to Mar 28, 2025
  • Advisory employees · 15 to 14
    Mar 28, 2024 to Mar 28, 2025
  • Charity clients · 14 to 10
    Mar 28, 2024 to Mar 28, 2025
  • Corporate clients · 13 to 14
    Mar 28, 2024 to Mar 28, 2025
  • HNW clients · 82 to 79
    Mar 28, 2024 to Mar 28, 2025
  • Individual clients · 150 to 141
    Mar 28, 2024 to Mar 28, 2025
  • Pension plan clients · 5 to 3
    Mar 28, 2024 to Mar 28, 2025
  • Assets in custody · $22.7M to $16.9M
    Mar 28, 2024 to Mar 28, 2025
  • Employees · 27 to 25
    Mar 28, 2024 to Mar 28, 2025
  • Financial planning clients · unset to
    Mar 28, 2024 to Mar 28, 2025
  • State-registered IARs · 8 to 7
    Mar 28, 2024 to Mar 28, 2025
  • Discretionary RAUM · $1.7B to $1.8B
    Mar 28, 2024 to Mar 28, 2025
  • HNW RAUM · $93.0M to $96.4M
    Mar 28, 2024 to Mar 28, 2025
  • Individual RAUM · $203M to $224M
    Mar 28, 2024 to Mar 28, 2025
  • Pension RAUM · $238M to $272M
    Mar 28, 2024 to Mar 28, 2025
  • Pooled vehicle RAUM · $417M to $402M
    Mar 28, 2024 to Mar 28, 2025
  • RAUM · $1.7B to $1.8B
    Mar 28, 2024 to Mar 28, 2025
  • Wrap assets (manager) · $60.9M to $58.8M
    Mar 28, 2024 to Mar 28, 2025
  • Accounts · 303 to 286
    Apr 27, 2023 to Mar 28, 2024
  • Charity clients · 15 to 14
    Apr 27, 2023 to Mar 28, 2024
  • Corporate clients · 12 to 13
    Apr 27, 2023 to Mar 28, 2024
  • HNW clients · 90 to 82
    Apr 27, 2023 to Mar 28, 2024
Signals
7 dated events
  • Carlos Alejandro Salcedo left Rice Hall James & Associates Llc for Morton Wealth (registered 2026-07-14)
    Jul 8, 2026 · Advisor changed firm · fact
  • Rice Hall James & Associates Llc reported RAUM $1.8B, down 39% from $2.9B (2022-11-02 to 2023-03-29)
    Mar 29, 2023 · RAUM change · derived
  • Andrew Lawrence Rothstein left Rice Hall James & Associates Llc for Rbc Rochdale, Llc (registered 2022-11-30)
    Sep 7, 2022 · Advisor changed firm · fact
  • Eric R Fuhrman left Rice Hall James & Associates Llc for Rbc Rochdale, Llc (registered 2022-05-26)
    May 18, 2022 · Advisor changed firm · fact
  • Millett Louis Holtz (Managing Member, Chief Investment Officer, Portfolio Manager) appeared on Schedule A of Rice Hall James & Associates Llc
    Mar 29, 2019 · Control person joined · fact
  • Yossi Lipsker (Managing Member, Portfolio Manager) appeared on Schedule A of Rice Hall James & Associates Llc
    Mar 29, 2019 · Control person joined · fact
  • Rice Hall James & Associates Llc reported RAUM $3.6B, up 27% from $2.8B (2017-03-30 to 2018-03-29)
    Mar 29, 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/rice-hall-james-&-associates-llcreportedpublic record, Form ADV, Sep 17, 2026
Website
RHJFUNDS.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
619-239-9005reportedpublic record, Form ADV, May 6, 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
Other adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
$348Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026