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

I•••••• C•••••• M••••••••• L••

Asset manager (funds and pooled vehicles)Downers Grove, IllinoisCRD 125601SEC 801-61851IAPD
Latest filing Aug 12, 2026
First filing on the tape Jan 27, 2012 · 53 filings
SEC status approved since Mar 7, 2003
RAUM
$941B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
222
39 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
53 filings and snapshots on the tape
RAUM$941B as of Aug 12, 2026
Mar 28, 2012$20B then
HNW client RAUM: no history
State-registered IARs (5.B.3)27 as of Aug 12, 2026
Mar 28, 20120 then
Employees (5.A)222 as of Aug 12, 2026
Mar 21, 201375 then
Private funds: no history
RAUM +27% over the last fiscal year+33% a year over threeIARs 30 to 27offices 5 to 3
Practice profile
derived from the filing of Aug 12, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
RAUM per advisor
$35BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$2.1BderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
8.2derivedItem 5.A over advisors
Advisors per office
6.8derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+27%derivedbetween the last two annual amendments
Advisor growth, one year
-10%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, otherreportedItem 5.G
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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$804B85%
  • Pooled investment vehicles$97B10%
  • Corporations and businesses$35B3.8%
  • Pension and profit-sharing plans$4.1B0.4%
  • Insurance companies$123M0.0%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
7reported
Charitable clients
n/areported
Accounts
444reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=0.96 institutional_share=0.0 related_bd=true related_bank=true bd_reps=87.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • G••••••• M•••• W•••••• · Chief Accounting Officercontrol
        since 03/2022 · owns less than 5%
      • H•••••••• B••••• C••••••••• · Managing Director, Chief Executive Officer, Principal Executive Officercontrol
        since 11/2023 · owns less than 5%
      • H•••••• A••• · Head Of Legal - US Etfscontrol
        since 06/2020 · owns less than 5%
      • K••••••• J•••••• A••••• · Managing Directorcontrol
        since 10/2020 · owns less than 5%
      • V•••••••• T••••• G••••• · Chief Financial Officercontrol
        since 03/2022 · owns less than 5%
      • Z•••• J•••• M••• · Managing Directorcontrol
        since 11/2009 · owns less than 5%
      • Z••••••• M••••••• H••••• · Chief Compliance Officercontrol
        since 11/2017 · owns less than 5%
      Entity owners
      • I•••••• G•••• S•••••••• I••• · Direct Owner
        direct · owns 75% or more
      • I•••••• H•••••• C•••••• •••• I••• · Sole Shareholder
        indirect · owns 75% or more of O••••••••• A••••••••• C•••• •••••
      • I•••••• H•••••• C•••••• L•••••• · Sole Shareholder
        indirect · owns 75% or more of I•••••• H•••••• C•••••• •••• I•••
      • I•••••• L••• · Sole Shareholder
        indirect · owns 75% or more of I•••••• H•••••• C•••••• L•••••• · public reporting company
      • O••••••••• A••••••••• C•••• ••••• · Sole Shareholder
        indirect · owns 75% or more of O••••••••• I••• •••
      • O••••••••• I••• ••• · Sole Shareholder
        indirect · owns 75% or more of I•••••• G•••• S•••••••• I•••
      Related persons
      Schedule D 7.A
      Advisers that list I•••••• C•••••• M••••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • London, United Kingdom6 employees
      • Atlanta, GA2 employees
      • H••• K•••, Hong Kong2 employees
      • Melbourne, Australia2 employees
      • , 1 employees
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • discretionary share shiftChange between filings · filing Mar 30, 2026
        discretionary share of RAUM moved from 57.0% to 100.0% between the annual amendments of 2025-03-26 and 2026-03-30
        peers: ASSET_M••••••, $20B and over (512)
      • office count dropChange between filings · filing Mar 30, 2026
        offices other than the principal office (Item 1.F.5) moved from 5.0 to 3.0 (-40.0%) between the annual amendments of 2025-03-26 and 2026-03-30; the peer median change was 0.0% (198 comparable advisers, 1.0th percentile of changes)
        peers: ASSET_M••••••, $20B and over (198) · 1.0% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 452 to 444
        Jan 15, 2026 to Mar 30, 2026
      • Advisory employees · 38 to 39
        Jan 15, 2026 to Mar 30, 2026
      • BD registered reps · 92 to 87
        Jan 15, 2026 to Mar 30, 2026
      • Corporate clients · unset to 28.0
        Jan 15, 2026 to Mar 30, 2026
      • Pension plan clients · unset to 7.0
        Jan 15, 2026 to Mar 30, 2026
      • Pooled vehicle clients · 214 to 180
        Jan 15, 2026 to Mar 30, 2026
      • Employees · 232 to 222
        Jan 15, 2026 to Mar 30, 2026
      • Insurance-licensed employees · 30 to 27
        Jan 15, 2026 to Mar 30, 2026
      • State-registered IARs · 30 to 27
        Jan 15, 2026 to Mar 30, 2026
      • Other offices · 5 to 3
        Jan 15, 2026 to Mar 30, 2026
      • Discretionary RAUM · $933B to $939B
        Jan 15, 2026 to Mar 30, 2026
      • Non-discretionary RAUM · $2.1B to $2.1B
        Jan 15, 2026 to Mar 30, 2026
      • Pension RAUM · unset to 4058652520.0
        Jan 15, 2026 to Mar 30, 2026
      • Pooled vehicle RAUM · $132B to $97B
        Jan 15, 2026 to Mar 30, 2026
      • RAUM · $935B to $941B
        Jan 15, 2026 to Mar 30, 2026
      • Accounts · 436 to 452
        Nov 21, 2025 to Jan 15, 2026
      • Pooled vehicle clients · 199 to 214
        Nov 21, 2025 to Jan 15, 2026
      • Discretionary RAUM · $421B to $933B
        Nov 21, 2025 to Jan 15, 2026
      • Non-discretionary RAUM · $320B to $2.1B
        Nov 21, 2025 to Jan 15, 2026
      • Pooled vehicle RAUM · $418B to $132B
        Nov 21, 2025 to Jan 15, 2026
      • RAUM · $741B to $935B
        Nov 21, 2025 to Jan 15, 2026
      • Accounts · 401 to 436
        Mar 27, 2024 to Mar 26, 2025
      • Advisory employees · 49 to 38
        Mar 27, 2024 to Mar 26, 2025
      • BD registered reps · 66 to 92
        Mar 27, 2024 to Mar 26, 2025
      • Pooled vehicle clients · 176 to 199
        Mar 27, 2024 to Mar 26, 2025
      • Employees · 220 to 232
        Mar 27, 2024 to Mar 26, 2025
      • Insurance-licensed employees · 35 to 30
        Mar 27, 2024 to Mar 26, 2025
      • Financial planning clients · unset to
        Mar 27, 2024 to Mar 26, 2025
      • State-registered IARs · 35 to 30
        Mar 27, 2024 to Mar 26, 2025
      • Discretionary RAUM · $314B to $421B
        Mar 27, 2024 to Mar 26, 2025
      • Non-discretionary RAUM · $231B to $320B
        Mar 27, 2024 to Mar 26, 2025
      • Pooled vehicle RAUM · $310B to $418B
        Mar 27, 2024 to Mar 26, 2025
      • RAUM · $546B to $741B
        Mar 27, 2024 to Mar 26, 2025
      • Accounts · 425 to 401
        Dec 7, 2023 to Mar 27, 2024
      • Advisory employees · 48 to 49
        Dec 7, 2023 to Mar 27, 2024
      • BD registered reps · 52 to 66
        Dec 7, 2023 to Mar 27, 2024
      • Pooled vehicle clients · 177 to 176
        Dec 7, 2023 to Mar 27, 2024
      • Employees · 193 to 220
        Dec 7, 2023 to Mar 27, 2024
      • Insurance-licensed employees · 24 to 35
        Dec 7, 2023 to Mar 27, 2024
      • State-registered IARs · 24 to 35
        Dec 7, 2023 to Mar 27, 2024
      Signals
      20 dated events
      • I•••••• C•••••• M••••••••• L•• reported RAUM $934.6B, up 26% from $740.5B (2025-11-21 to 2026-01-15)
        Jan 15, 2026 · RAUM change · derived
      • I•••••• C•••••• M••••••••• L•• reported RAUM $740.5B, up 36% from $545.5B (2024-03-27 to 2025-03-26)
        Mar 26, 2025 · RAUM change · derived
      • I•••••• C•••••• M••••••••• L•• reported RAUM $545.5B, up 36% from $400.6B (2023-12-07 to 2024-03-27)
        Mar 27, 2024 · RAUM change · derived
      • I•••••• C•••••• M••••••••• L•• reported 35 state-registered advisory representatives, up from 24 (2023-12-07 to 2024-03-27)
        Mar 27, 2024 · Advisor headcount change · derived
      • Anna Paglia (Managing Director, Global Head Of Etfs & Indexed Strategies) no longer on Schedule A of I•••••• C•••••• M••••••••• L•• (listed 2023-09-06, absent 2023-12-07)
        Dec 7, 2023 · Control person left · inference
      • C••••••••• B•••• H••••••• (Managing Director, Chief Executive Officer, Principal Executive Officer) appeared on Schedule A of I•••••• C•••••• M••••••••• L••
        Dec 7, 2023 · Control person joined · fact
      • I•••••• C•••••• M••••••••• L•• reported RAUM $477.8B, up 43% from $333.9B (2021-06-30 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      • Janecka Annette Lege (Chief Financial Officer) no longer on Schedule A of I•••••• C•••••• M••••••••• L•• (listed 2021-06-30, absent 2022-03-30)
        Mar 30, 2022 · Control person left · inference
      • G••••• T•••• V••••••• (Chief Financial Officer) appeared on Schedule A of I•••••• C•••••• M••••••••• L••
        Mar 30, 2022 · Control person joined · fact
      • William Mark Gregson (Chief Accounting Officer) appeared on Schedule A of I•••••• C•••••• M••••••••• L••
        Mar 30, 2022 · Control person joined · fact
      • I•••••• C•••••• M••••••••• L•• reported RAUM $333.9B, up 40% from $237.6B (2020-11-10 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • I•••••• C•••••• M••••••••• L•• reported 26 state-registered advisory representatives, up from 0 (2020-11-10 to 2021-03-31)
        Mar 31, 2021 · Advisor headcount change · derived
      • Marie Kristie Feinberg (Managing Director) no longer on Schedule A of I•••••• C•••••• M••••••••• L•• (listed 2020-07-06, absent 2020-11-10)
        Nov 10, 2020 · Control person left · inference
      • Andrew Jordan Krugman (Managing Director) appeared on Schedule A of I•••••• C•••••• M••••••••• L••
        Nov 10, 2020 · Control person joined · fact
      • Eugene Daniel Draper (Managing Director And Chief Executive Officer - I•••••• C•••••• M••••••••• L••) no longer on Schedule A of I•••••• C•••••• M••••••••• L•• (listed 2020-03-26, absent 2020-07-06)
        Jul 6, 2020 · Control person left · inference
      • Adam Henkel (Head Of Legal - Us Etfs) appeared on Schedule A of I•••••• C•••••• M••••••••• L••
        Jul 6, 2020 · Control person joined · fact
      • I•••••• C•••••• M••••••••• L•• reported RAUM $237.6B, up 36% from $174.1B (2019-12-26 to 2020-03-26)
        Mar 26, 2020 · RAUM change · derived
      • Colvin David Warren (Managing Director - Chief Administrative Officer, Americas) no longer on Schedule A of I•••••• C•••••• M••••••••• L•• (listed 2019-03-28, absent 2019-06-21)
        Jun 21, 2019 · Control person left · inference
      • Marie Kristie Feinberg (Managing Director) appeared on Schedule A of I•••••• C•••••• M••••••••• L••
        Jun 21, 2019 · Control person joined · fact
      • I•••••• C•••••• M••••••••• L•• reported RAUM $174.1B, up 100% from $86.9B (2018-12-03 to 2019-03-28)
        Mar 28, 2019 · 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
      Principal office phone
      800-983-0903reportedpublic record, Form ADV, Aug 12, 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
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026