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.
Former SEC-registered adviser
Sb Capital Management, Inc.
Latest filing Oct 9, 2025
First filing on the tape Mar 30, 2012 · 18 filings
SEC status approved since Jun 24, 2003
RAUM
$1.2B
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
85%
$1.0B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$1.2B as of Oct 9, 2025
Mar 30, 2012$358M then
HNW client RAUM$823M as of Oct 9, 2025
Mar 30, 2018$547M then
State-registered IARs (5.B.3)0 as of Oct 9, 2025
Mar 30, 20120 then
Employees (5.A)6 as of Oct 9, 2025
Apr 1, 20134 then
Private funds5 as of Oct 9, 2025
Mar 30, 20124 then
RAUM +12% over the last fiscal year+7.0% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Oct 9, 2025; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $20.1MderivedHNW RAUM over HNW clients
- Average account
- $854,967derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 12%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +12%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- +0.0%derived
- Compensation
- percentage of assets, hourly, fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
- Custody
- $728M, 191 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)
- a related person has custody of client cash (9.B.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$823M67%
- Individuals$218M18%
- Pension and profit-sharing plans$122M9.9%
- Corporations and businesses$36.6M3.0%
- Charitable organizations$26.2M2.1%
- Individual clients
- 180reported
- HNW clients
- 41reported
- Pension plan clients
- 64reported
- Charitable clients
- 17reported
- Accounts
- 1,433reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $728M for 191 clientsreported
- Compensation
- % of AUM, fixed, hourly, performancereported
- Class basis
- absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
6 left, 0 joined in 12 months
net -6 in 12 months0 left in 90 days0 joined in 90 days7 left over 36 months
Left, latest
- Antonette Hayakawa to Mercer Global Advisors Inc.Mar 31, 2026 · RIA to RIA
- Richard S. Singer to Mercer Global Advisors Inc.Mar 31, 2026 · RIA to RIA
- Bemelda Bragado to Mercer Global Advisors Inc.Mar 31, 2026 · RIA to RIA
- Stephanie Connor Arkof to Mercer Global Advisors Inc.Mar 31, 2026 · RIA to RIA
- Amitha K Harichandran to Mercer Global Advisors Inc.Mar 31, 2026 · RIA to RIA
- Aplavya Anna Gupta to Mercer Global Advisors Inc.Mar 31, 2026 · RIA to RIA
- Chris Kiesel to Glideslope Wealth ManagementJan 19, 2024 · Other
- Keaton Kyle Himsl to Scs Capital Management LLCMar 19, 2021 · RIA to RIA
- Jill Anne Herbert to Delco Investment Advisors, LLCJul 11, 2011 · Other
Joined, latest
none on the tape
Teams: two or more advisors moving together within fourteen days, from one state
- 6 left for Mercer Global Advisors Inc.Mar 31, 2026 · Encino, Ca · Firm absorbed
Private funds
5 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Manzanita Fund, LLC | Hedge Fund | $48.4M | 54 | Mar 30, 2012 |
| Sbcm Private Equity Fund IV | Private Equity Fund | $33.7M | 61 | Mar 30, 2016 |
| Sb Capital Management Private Equity Fund III | Private Equity Fund | $1.6M | 51 | Mar 30, 2012 |
| Sb Capital Management Private Equity Fund II | Private Equity Fund | $127,557 | 25 | Mar 30, 2012 |
| Sb Capital Management Private Equity Fund I | Private Equity Fund | $72,738 | 30 | Mar 30, 2012 |
Owners and control persons
Schedule A and B, latest filing
- Allan Matthew Burke · Chief Financial Officercontrolsince 04/2001 · owns 25% to 50%
- Nicole Stephanie Connor · Secretarycontrolsince 02/2012 · owns 10% to 25%
- S. Richard Singer · Presidentcontrolsince 12/2001 · owns 25% to 50%
- K Amitha Harichandran · Chief Compliance Officersince 06/2011 · owns 10% to 25%
Related persons
Schedule D 7.A
- Singer Burke Zimmer Kogan, Llpinsurancey
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Encino, Ca · principal | 0 | 0 | 6 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,403 to 1,433Mar 29, 2024 to Mar 31, 2025
- Charity clients · 15 to 17Mar 29, 2024 to Mar 31, 2025
- Corporate clients · 5 to 8Mar 29, 2024 to Mar 31, 2025
- HNW clients · 38 to 41Mar 29, 2024 to Mar 31, 2025
- Individual clients · 183 to 180Mar 29, 2024 to Mar 31, 2025
- Pension plan clients · 59 to 64Mar 29, 2024 to Mar 31, 2025
- Assets in custody · $678M to $728MMar 29, 2024 to Mar 31, 2025
- Financial planning clients · 11-25 to 26-50Mar 29, 2024 to Mar 31, 2025
- Discretionary RAUM · $1.1B to $1.2BMar 29, 2024 to Mar 31, 2025
- HNW RAUM · $752M to $823MMar 29, 2024 to Mar 31, 2025
- Individual RAUM · $213M to $218MMar 29, 2024 to Mar 31, 2025
- Non-discretionary RAUM · $5.7M to $23.0MMar 29, 2024 to Mar 31, 2025
- Pension RAUM · $96.9M to $122MMar 29, 2024 to Mar 31, 2025
- RAUM · $1.1B to $1.2BMar 29, 2024 to Mar 31, 2025
- Accounts · 1,315 to 1,403Apr 3, 2023 to Mar 29, 2024
- Charity clients · 12 to 15Apr 3, 2023 to Mar 29, 2024
- HNW clients · 31 to 38Apr 3, 2023 to Mar 29, 2024
- Individual clients · 179 to 183Apr 3, 2023 to Mar 29, 2024
- Pension plan clients · 60 to 59Apr 3, 2023 to Mar 29, 2024
- Assets in custody · $642M to $678MApr 3, 2023 to Mar 29, 2024
- Financial planning clients · 1-10 to 11-25Apr 3, 2023 to Mar 29, 2024
- Discretionary RAUM · $978M to $1.1BApr 3, 2023 to Mar 29, 2024
- HNW RAUM · $657M to $752MApr 3, 2023 to Mar 29, 2024
- Individual RAUM · $210M to $213MApr 3, 2023 to Mar 29, 2024
- Non-discretionary RAUM · $5.0M to $5.7MApr 3, 2023 to Mar 29, 2024
- Pension RAUM · $84.3M to $96.9MApr 3, 2023 to Mar 29, 2024
- RAUM · $983M to $1.1BApr 3, 2023 to Mar 29, 2024
- Accounts · 1,279 to 1,315Apr 1, 2022 to Mar 31, 2023
- Charity clients · 10 to 12Apr 1, 2022 to Mar 31, 2023
- HNW clients · 30 to 31Apr 1, 2022 to Mar 31, 2023
- Individual clients · 178 to 179Apr 1, 2022 to Mar 31, 2023
- Assets in custody · $686M to $642MApr 1, 2022 to Mar 31, 2023
- Discretionary RAUM · $999M to $978MApr 1, 2022 to Mar 31, 2023
- HNW RAUM · $676M to $657MApr 1, 2022 to Mar 31, 2023
- Individual RAUM · $207M to $210MApr 1, 2022 to Mar 31, 2023
- Non-discretionary RAUM · $2.1M to $5.0MApr 1, 2022 to Mar 31, 2023
- Pension RAUM · $82.6M to $84.3MApr 1, 2022 to Mar 31, 2023
- RAUM · $1.0B to $983MApr 1, 2022 to Mar 31, 2023
- Accounts · 1,145 to 1,279Mar 31, 2021 to Apr 1, 2022
- Charity clients · 6 to 10Mar 31, 2021 to Apr 1, 2022
Signals
9 dated events
- Sb Capital Management, Inc. no longer on the SEC adviser roster (last listed 2026-03-02, RAUM $1.2B)Apr 1, 2026 · Left the SEC roster · derived
- Aplavya Anna Gupta left Sb Capital Management, Inc. for Mercer Global Advisors Inc. (registered 2025-11-04)Mar 31, 2026 · Advisor changed firm · fact
- Antonette Hayakawa left Sb Capital Management, Inc. for Mercer Global Advisors Inc. (registered 2025-10-30)Mar 31, 2026 · Advisor changed firm · fact
- Bemelda Bragado left Sb Capital Management, Inc. for Mercer Global Advisors Inc. (registered 2025-11-17)Mar 31, 2026 · Advisor changed firm · fact
- Stephanie Connor Arkof left Sb Capital Management, Inc. for Mercer Global Advisors Inc. (registered 2025-11-03)Mar 31, 2026 · Advisor changed firm · fact
- Amitha K Harichandran left Sb Capital Management, Inc. for Mercer Global Advisors Inc. (registered 2025-11-04)Mar 31, 2026 · Advisor changed firm · fact
- Richard S. Singer left Sb Capital Management, Inc. for Mercer Global Advisors Inc. (registered 2026-01-05)Mar 31, 2026 · Advisor changed firm · fact
- SB Capital Management, Inc.'s advisors moved to Mercer Global Advisors Inc. (Encino, CA): 6 of 6 registered, on the same dayMar 31, 2026 · Firm absorbed (people side) · derived
- Chris Kiesel left Sb Capital Management, Inc. for Glideslope Wealth Management (registered 2024-01-05)Jan 19, 2024 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
- SB Capital Management, Inc. · Private Equityshared crd · organization
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
- Former SEC-registered adviserderiveda 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