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

Valeo Financial Advisors, LLC

Independent wealth managerCarmel, IndianaCRD 127132SEC 801-66402websiteIAPD
Latest filing Apr 30, 2026
First filing on the tape Mar 30, 2012 · 52 filings
SEC status approved since Mar 17, 2006
RAUM
$13B
reported, Item 5.F
Discretionary
82%
of RAUM
Private clients
98%
$13B individuals and HNW
Advisors
108
registered through the firm on IAPD
RAUM per advisor
$120M
derived; firm RAUM over IAPD count
Employees
178
119 advisory (5.B.1)
Offices
16
beyond the principal office
Private funds
0
reported on Schedule D
History
52 filings and snapshots on the tape
RAUM$13B as of Apr 30, 2026
Mar 30, 2012$816M then
HNW client RAUM$12B as of Apr 30, 2026
Mar 19, 2018$2.9B then
State-registered IARs (5.B.3)103 as of Apr 30, 2026
Mar 30, 20120 then
Employees (5.A)178 as of Apr 30, 2026
Mar 27, 201328 then
Private funds1 as of Dec 2, 2025
Mar 30, 20124 then
RAUM +22% over the last fiscal year+22% a year over threeIARs 97 to 103offices 9 to 16
Practice profile
derived from the filing of Apr 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Multi-office growth platform · an independent wealth manager (not a wirehouse, national broker-dealer RIA or broker-dealer affiliated firm) with at least five offices, at least 50 advisors, and RAUM up at least 20 percent over the last annual amendment
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
RAUM per advisor
$120MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
28derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.4MderivedHNW RAUM over HNW clients
Average account
$568,064derivedRAUM over accounts (5.F.2.f)
Discretionary
82%derivedof RAUM
Institutional
2.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
6.4derived17 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
+6.2%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.2%derived
Compensation
percentage of assets, fixed fees, otherreportedItem 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
Financial planning clients
3,000reportedItem 5.H
Custody
$6.3B, 2,128 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$12B95%
  • Individuals$358M2.8%
  • Charitable organizations$282M2.2%
  • Corporations and businesses$37.5M0.3%
Individual clients
764reported
HNW clients
2,257reported
Pension plan clients
n/areported
Charitable clients
16reported
Accounts
22,812reported
Financial planning clients
3,000reported
Wrap fee programs
noreported
Custody of client assets
$6.3B for 2,128 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
108 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Phillip Richard EvansCertified Financial PlannerEstero, Fl May 28, 200335 y1
John Thomas WortmanCertified Financial PlannerCarmel, InMay 28, 200331 y1
John Charles TrottCertified Financial PlannerCarmel, InMay 28, 200336 y1
Phillip Christopher MickelCertified Financial PlannerCarmel, InJan 3, 200423 y1
Justin M PadgettCertified Financial PlannerCarmel, InMar 15, 200720 y1
Robert James EdwardsChartered Financial AnalystCarmel, InDec 16, 200824 y1
Chad Dennis ReedCertified Financial PlannerCarmel, InJan 20, 200923 y2
Matthew David JarvisCertified Financial PlannerCarmel, InFeb 12, 200919 y0
Richard Doud SeaverCertified Financial PlannerCarmel, InFeb 17, 200932 y2
Kyle William ErbCertified Financial PlannerCarmel, InJun 14, 201020 y0
Ted ChristofolisCertified Financial PlannerCarmel, InOct 23, 201241 y3
James Mason HughesCertified Financial PlannerCarmel, InApr 15, 201424 y3
Brian C RosswurmCertified Financial PlannerCarmel, InApr 16, 201417 y0
Melissa BuchertCertified Financial PlannerCarmel, InApr 16, 201420 y0
Lauren A. BrownCertified Financial PlannerCarmel, InApr 16, 201418 y0
Daniel T HouchensCertified Financial PlannerCarmel, InApr 16, 201417 y3
Kristen M Rueth AllenCertified Financial PlannerCarmel, InApr 21, 201415 y2
Chintan DesaiCertified Financial PlannerCarmel, In Mar 23, 201512 y1
David A PageCertified Financial PlannerCarmel, InApr 6, 201512 y0
Nicholas A FohrerCertified Financial PlannerCarmel, InApr 6, 201514 y0
Andrew Corey BrownCertified Financial PlannerAnn Arbor, Mi Apr 27, 201518 y1
Fernando Lawrence OrtizCertified Financial PlannerCentennial, Co Jul 16, 201539 y3
Matthew A PresleyCertified Financial PlannerCarmel, InJan 11, 201613 y0
Michael W PhillipsCertified Financial PlannerCarmel, InJan 12, 201612 y0
Katie J SmithCertified Financial PlannerCarmel, InJan 20, 201612 y0
Tyler HockettCertified Financial PlannerCarmel, InJan 11, 201712 y0
Charlotte LippertChartered Financial AnalystCarmel, InApr 18, 201724 y4
William LoganCertified Financial PlannerCarmel, InJan 3, 201810 y0
David Lee HechtCertified Financial PlannerCarmel, In Jan 15, 201830 y1
William Lawrence KinderCertified Financial PlannerCarmel, InMar 21, 201810 y0
James BrashaberCertified Financial PlannerCarmel, InDec 10, 201810 y0
Brent Alan WilliamsCertified Financial PlannerCarmel, InDec 10, 201811 y0
Erich Halden StoutCertified Financial PlannerCarmel, InJan 3, 201915 y1
David Brown GillilandCertified Financial PlannerCarmel, InMar 19, 201912 y1
Zachary MeyerCertified Financial PlannerCarmel, InJun 18, 201918 y0
Geoff M BeckCertified Financial PlannerCarmel, In Oct 10, 201925 y0
Philip James WallinCertified Financial PlannerRichmond, Va Nov 4, 201913 y3
Brian Nathaniel SpeadCertified Financial PlannerLittleton, Co Dec 17, 201920 y1
Matthew Tyler WilliamsCertified Financial PlannerRichmond, Va Mar 18, 202016 y5
Andrew Nathan TellitocciCertified Financial PlannerCarmel, InApr 6, 202013 y1
All 108 advisors at Valeo Financial Advisors, LLC
Advisor movement
8 left, 3 joined in 12 months
net -5 in 12 months1 left in 90 days2 joined in 90 daysdeparture rate 7.4% of current headcount16 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    8 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    Valeo Hedge Fund Partners II, LLCno longer reportedHedge Fund$6.4M22Mar 30, 2012
    Valeo-Hd14, LLCno longer reportedPrivate Equity Fund$914,28819Mar 25, 2015
    Valeo-Tp05 Fund, LLCno longer reportedReal Estate Fund$160,15937Mar 30, 2012
    Valeo-Nb07 Fund, LLCno longer reportedReal Estate Fund$71,83116Mar 30, 2012
    Valeo Hedge Fund Partners I, LLCno longer reportedHedge Fund$27,21115Mar 30, 2012
    Valeo-Tcf, LLCno longer reportedOther Private Fund$20,97125Mar 25, 2023
    Valeo-Ft13, LLCno longer reportedPrivate Equity Fund$029Mar 31, 2014
    Valeo-Ft14, LLCno longer reportedPrivate Equity Fund$028Mar 25, 2015
    Owners and control persons
    Schedule A and B, latest filing
    • Richard Phillip Evans · Membercontrol
      since 05/2003 · owns 5% to 10%
    • M Justin Padgett · President, Membercontrol
      since 12/2022 · owns 5% to 10%
    • Michael Connor Skelly · Chief Compliance Officercontrol
      since 09/2024 · owns less than 5%
    • Charles John Trott · Membercontrol
      since 05/2003 · owns 25% to 50%
    • Thomas John Wortman · Chief Executive Officer, Membercontrol
      since 05/2003 · owns 25% to 50%
    Related persons
    Schedule D 7.A
    • Investor Facilitation, LLC
      pooled vehicle sponsory
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Carmel, In · principal108138
    Richmond, Va610
    Chicago, Il410
    Denver, Co210
    Offices
    Schedule D 1.F, the 25 largest
    • Centennial, CO4 employees
    • Richmond, VA4 employees
    • Chicago, IL2 employees
    • Columbus, OH2 employees
    • Ann Arbor, MI1 employees
    • Lafayette, IN1 employees
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • office count surgeChange between filings · filing Apr 30, 2026
      offices other than the principal office (Item 1.F.5) moved from 9.0 to 16.0 (+78.0%) between the annual amendments of 2025-03-29 and 2026-04-30; the peer median change was 0.0% (142 comparable advisers, 94.0th percentile of changes)
      peers: independent wealth managers, $5B to $20B (142) · 94% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 23,718 to 22,812
      Dec 2, 2025 to Mar 28, 2026
    • Advisory employees · 111 to 119
      Dec 2, 2025 to Mar 28, 2026
    • Charity clients · 10 to 16
      Dec 2, 2025 to Mar 28, 2026
    • Corporate clients · 11 to 5
      Dec 2, 2025 to Mar 28, 2026
    • HNW clients · 2,249 to 2,257
      Dec 2, 2025 to Mar 28, 2026
    • Individual clients · 767 to 764
      Dec 2, 2025 to Mar 28, 2026
    • Assets in custody · $3.1B to $6.3B
      Dec 2, 2025 to Mar 28, 2026
    • Employees · 177 to 178
      Dec 2, 2025 to Mar 28, 2026
    • State-registered IARs · 97 to 103
      Dec 2, 2025 to Mar 28, 2026
    • Other offices · 9 to 16
      Dec 2, 2025 to Mar 28, 2026
    • Private funds · 1 to unset
      Dec 2, 2025 to Mar 28, 2026
    • Discretionary RAUM · $7.4B to $11B
      Dec 2, 2025 to Mar 28, 2026
    • HNW RAUM · $10B to $12B
      Dec 2, 2025 to Mar 28, 2026
    • Individual RAUM · $322M to $358M
      Dec 2, 2025 to Mar 28, 2026
    • Non-discretionary RAUM · $3.3B to $2.3B
      Dec 2, 2025 to Mar 28, 2026
    • RAUM · $11B to $13B
      Dec 2, 2025 to Mar 28, 2026
    • Financial planning clients · More than 500 to More than 500
      Mar 29, 2025 to Jun 5, 2025
    • Accounts · 18,918 to 23,718
      Feb 3, 2025 to Mar 29, 2025
    • Advisory employees · 108 to 111
      Feb 3, 2025 to Mar 29, 2025
    • Charity clients · 8 to 10
      Feb 3, 2025 to Mar 29, 2025
    • Corporate clients · 8 to 11
      Feb 3, 2025 to Mar 29, 2025
    • HNW clients · 1,975 to 2,249
      Feb 3, 2025 to Mar 29, 2025
    • Individual clients · 623 to 767
      Feb 3, 2025 to Mar 29, 2025
    • Assets in custody · $4.1B to $3.1B
      Feb 3, 2025 to Mar 29, 2025
    • Employees · 155 to 177
      Feb 3, 2025 to Mar 29, 2025
    • State-registered IARs · 88 to 97
      Feb 3, 2025 to Mar 29, 2025
    • Other offices · 6 to 9
      Feb 3, 2025 to Mar 29, 2025
    • Discretionary RAUM · $7.0B to $7.4B
      Feb 3, 2025 to Mar 29, 2025
    • HNW RAUM · $8.3B to $10B
      Feb 3, 2025 to Mar 29, 2025
    • Individual RAUM · $431M to $322M
      Feb 3, 2025 to Mar 29, 2025
    • Non-discretionary RAUM · $2.0B to $3.3B
      Feb 3, 2025 to Mar 29, 2025
    • RAUM · $8.9B to $11B
      Feb 3, 2025 to Mar 29, 2025
    • Accounts · 15,757 to 18,918
      Nov 29, 2023 to Mar 28, 2024
    • Advisory employees · 117 to 108
      Nov 29, 2023 to Mar 28, 2024
    • Corporate clients · 5 to 8
      Nov 29, 2023 to Mar 28, 2024
    • HNW clients · 1,809 to 1,975
      Nov 29, 2023 to Mar 28, 2024
    • Individual clients · 554 to 623
      Nov 29, 2023 to Mar 28, 2024
    • Assets in custody · $357M to $4.1B
      Nov 29, 2023 to Mar 28, 2024
    • Employees · 161 to 155
      Nov 29, 2023 to Mar 28, 2024
    • State-registered IARs · 85 to 88
      Nov 29, 2023 to Mar 28, 2024
    Signals
    30 dated events
    • Parker Allen Maxwell left Valeo Financial Advisors, Llc for Savvy (registered 2026-09-01)
      Sep 10, 2026 · Advisor changed firm · fact
    • Samuel Andrews Issermoyer left Valeo Financial Advisors, Llc for Crusonia Wealth Advisors Llc (registered 2026-05-27)
      Jun 16, 2026 · Advisor changed firm · fact
    • Valeo Financial Advisors, Llc reported 16 offices beyond its principal office, up from 9 (2025-12-02 to 2026-03-28)
      Mar 28, 2026 · Office count change · derived
    • Noah Spencer Housler left Valeo Financial Advisors, Llc for Cypress Capital Wealth Management Llc (registered 2026-04-16)
      Feb 9, 2026 · Advisor changed firm · fact
    • Matthew Parker left Valeo Financial Advisors, Llc for Pnc Wealth Management (registered 2026-02-19)
      Jan 26, 2026 · Advisor changed firm · fact
    • Cara Brasor left Valeo Financial Advisors, Llc for Schwab Wealth Advisory, Inc. (registered 2026-01-21)
      Jan 12, 2026 · Advisor changed firm · fact
    • Sandesh Arles left Valeo Financial Advisors, Llc for Strive Financial Group, Llc (registered 2025-12-16)
      Nov 19, 2025 · Advisor changed firm · fact
    • Kyle Gregory Riddle left Valeo Financial Advisors, Llc for Invst, Llc (registered 2025-10-05)
      Oct 8, 2025 · Advisor changed firm · fact
    • Samuel Christian Landphair-Henneke left Valeo Financial Advisors, Llc for Integrated Wealth Concepts Llc (registered 2026-06-05)
      Sep 22, 2025 · Advisor changed firm · fact
    • Nicholas Ryan Anderson left Valeo Financial Advisors, Llc for Charles Schwab & Co., Inc. (registered 2025-10-29)
      Jun 18, 2025 · Advisor changed firm · fact
    • Dustin Michael Thomas left Valeo Financial Advisors, Llc for Savvy (registered 2025-03-19)
      Mar 10, 2025 · Advisor changed firm · fact
    • Brad Paul Schueler left Valeo Financial Advisors, Llc for Fiduciary Wealth Group, Llc (registered 2025-02-06)
      Feb 3, 2025 · Advisor changed firm · fact
    • John Paul Wyand left Valeo Financial Advisors, Llc for Ubs Financial Services Inc. (registered 2024-12-11)
      Nov 26, 2024 · Advisor changed firm · fact
    • John Ross Kirkpatrick left Valeo Financial Advisors, Llc for Captrust (registered 2025-01-13)
      Nov 11, 2024 · Advisor changed firm · fact
    • Alan Gregory Fulk (Chief Compliance Officer, Chief Operations Officer) no longer on Schedule A of Valeo Financial Advisors, Llc (listed 2024-05-23, absent 2024-10-18)
      Oct 18, 2024 · Control person left · inference
    • Michael Connor Skelly (Chief Compliance Officer) appeared on Schedule A of Valeo Financial Advisors, Llc
      Oct 18, 2024 · Control person joined · fact
    • Timothy A Ginn left Valeo Financial Advisors, Llc for Mbia Capital Advisors (registered 2024-08-19)
      May 23, 2024 · Advisor changed firm · fact
    • A Timothy Ginn (Member) no longer on Schedule A of Valeo Financial Advisors, Llc (listed 2024-05-08, absent 2024-05-23)
      May 23, 2024 · Control person left · inference
    • Valeo Financial Advisors, Llc reported RAUM $8.9B, up 26% from $7.1B (2023-11-29 to 2024-03-28)
      Mar 28, 2024 · RAUM change · derived
    • Daniel A Rojas left Valeo Financial Advisors, Llc for Savant Wealth Management (registered 2024-02-13)
      Jan 23, 2024 · Advisor changed firm · fact
    • Edward Todd Sears (Chief Financial Officer) no longer on Schedule A of Valeo Financial Advisors, Llc (listed 2023-03-28, absent 2023-07-13)
      Jul 13, 2023 · Control person left · inference
    • Jared Thomas Fiedler left Valeo Financial Advisors, Llc for Ami Investment Management Inc (registered 2023-08-03)
      Jul 3, 2023 · Advisor changed firm · fact
    • M Justin Padgett (President) appeared on Schedule A of Valeo Financial Advisors, Llc
      Mar 25, 2023 · Control person joined · fact
    • Edward Todd Sears (Chief Financial Officer) appeared on Schedule A of Valeo Financial Advisors, Llc
      Mar 25, 2023 · Control person joined · fact
    • Elizabeth Morgan Madison left Valeo Financial Advisors, Llc for J.P. Morgan Securities Llc (registered 2023-03-03)
      Feb 15, 2023 · Advisor changed firm · fact
    • Kevin Reid Draudt left Valeo Financial Advisors, Llc for Andersen (registered 2024-07-30)
      Nov 4, 2022 · Advisor changed firm · fact
    • Valeo Financial Advisors, Llc reported RAUM $6.4B, up 30% from $4.9B (2020-10-14 to 2021-03-19)
      Mar 19, 2021 · RAUM change · derived
    • Valeo Financial Advisors, Llc reported RAUM $4.9B, up 31% from $3.8B (2019-12-01 to 2020-03-23)
      Mar 23, 2020 · RAUM change · derived
    • Valeo Financial Advisors, Llc reported 47 state-registered advisory representatives, up from 37 (2019-01-07 to 2019-03-25)
      Mar 25, 2019 · Advisor headcount change · derived
    • Valeo Financial Advisors, Llc reported RAUM $3.3B, up 38% from $2.4B (2017-09-12 to 2018-03-19)
      Mar 19, 2018 · RAUM change · derived
    Across DFX
    shared identifiers only, never a name match
    How to reach
    public business contact points only, each with its source
    Business phone
    312-897-3695reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    804-557-0903reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/valeo-financial-advisors-llcreportedpublic record, Form ADV, Sep 17, 2026
    Website
    VALEOFINANCIAL.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    317.218.6000reportedpublic record, Form ADV, Apr 30, 2026
    Contact form
    valeofinancial.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
    Team page
    valeofinancial.com/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
    $120Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026
    Across the graphs

    Valeo Financial Advisors, LLC is the same institution as 1 record in Real Estate Funds.

    Real Estate Funds1

    Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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