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

C•••••••• I••••••••• A•••••••• I•••

Independent wealth managerLigonier, PennsylvaniaCRD 127270SEC 801-62139websiteIAPD
Latest filing Feb 26, 2026
First filing on the tape Mar 6, 2012 · 25 filings
SEC status approved since Jun 19, 2003
RAUM
$886M
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
71%
$631M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$177M
derived; firm RAUM over IAPD count
Employees
8
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$886M as of Feb 26, 2026
Mar 6, 2012$217M then
HNW client RAUM$573M as of Feb 26, 2026
Mar 29, 2018$161M then
State-registered IARs (5.B.3)4 as of Feb 26, 2026
Feb 21, 20132 then
Employees (5.A)8 as of Feb 26, 2026
Feb 21, 20134 then
Private funds: no history
RAUM +9.5% over the last fiscal year+16% a year over threeIARs 3 to 4
Practice profile
derived from the filing of Feb 26, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$177MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
43derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$7.7MderivedHNW RAUM over HNW clients
Average account
$1.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
28%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+9.5%derivedbetween the last two annual amendments
Advisor growth, one year
+33%derivedItem 5.B.3 between annual amendments
Client growth, one year
+9.7%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
Custody
$149M, 60 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$573M65%
  • Charitable organizations$216M24%
  • Individuals$58.0M6.5%
  • Pension and profit-sharing plans$32.8M3.7%
  • Corporations and businesses$6.1M0.7%
Individual clients
141reported
HNW clients
74reported
Pension plan clients
5reported
Charitable clients
13reported
Accounts
639reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$149M for 60 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.71 fund_share=0.0 institutional_share=0.28 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
P•••••• R• W••••••Ligonier, PaSep 5, 200323 y0
C•••• J••••Ligonier, PaJul 13, 201218 y1
N••• M•••••• A••••Ligonier, PaOct 29, 202011 y0
C••••• M•••••••••Ligonier, PaOct 23, 202512 y0
J•••• D•••••Ligonier, PaFeb 6, 202618 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • J••••• C•••• · Chief Compliance Officercontrol
      since 10/2019 · owns less than 5%
    • W••••••• P••••••• R• · Presidentcontrol
      since 05/2003 · owns less than 5%
    Entity owners
    • T•• P•••••• R• W•••••• R•••••••• T••••• D•• · Owner
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Ligonier, Pa · principal520
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 579 to 639
      Nov 18, 2025 to Feb 26, 2026
    • Advisory employees · 3 to 4
      Nov 18, 2025 to Feb 26, 2026
    • HNW clients · 69 to 74
      Nov 18, 2025 to Feb 26, 2026
    • Individual clients · 127 to 141
      Nov 18, 2025 to Feb 26, 2026
    • Assets in custody · $133M to $149M
      Nov 18, 2025 to Feb 26, 2026
    • Employees · 6 to 8
      Nov 18, 2025 to Feb 26, 2026
    • State-registered IARs · 3 to 4
      Nov 18, 2025 to Feb 26, 2026
    • Discretionary RAUM · $781M to $855M
      Nov 18, 2025 to Feb 26, 2026
    • HNW RAUM · $477M to $573M
      Nov 18, 2025 to Feb 26, 2026
    • Individual RAUM · $49.2M to $58.0M
      Nov 18, 2025 to Feb 26, 2026
    • Non-discretionary RAUM · $28.1M to $31.2M
      Nov 18, 2025 to Feb 26, 2026
    • Pension RAUM · $29.6M to $32.8M
      Nov 18, 2025 to Feb 26, 2026
    • RAUM · $809M to $886M
      Nov 18, 2025 to Feb 26, 2026
    • Accounts · 542 to 579
      Feb 29, 2024 to Feb 24, 2025
    • Charity clients · 11 to 13
      Feb 29, 2024 to Feb 24, 2025
    • Corporate clients · 2 to 3
      Feb 29, 2024 to Feb 24, 2025
    • HNW clients · 61 to 69
      Feb 29, 2024 to Feb 24, 2025
    • Individual clients · 120 to 127
      Feb 29, 2024 to Feb 24, 2025
    • Pension plan clients · 4 to 5
      Feb 29, 2024 to Feb 24, 2025
    • Assets in custody · $60.8M to $133M
      Feb 29, 2024 to Feb 24, 2025
    • Financial planning clients · 101-250 to 101-250
      Feb 29, 2024 to Feb 24, 2025
    • Discretionary RAUM · $677M to $781M
      Feb 29, 2024 to Feb 24, 2025
    • HNW RAUM · $388M to $477M
      Feb 29, 2024 to Feb 24, 2025
    • Individual RAUM · $43.8M to $49.2M
      Feb 29, 2024 to Feb 24, 2025
    • Non-discretionary RAUM · $23.4M to $28.1M
      Feb 29, 2024 to Feb 24, 2025
    • Pension RAUM · $24.5M to $29.6M
      Feb 29, 2024 to Feb 24, 2025
    • RAUM · $701M to $809M
      Feb 29, 2024 to Feb 24, 2025
    • Accounts · 523 to 542
      Mar 13, 2023 to Feb 29, 2024
    • Charity clients · 10 to 11
      Mar 13, 2023 to Feb 29, 2024
    • Corporate clients · 1 to 2
      Mar 13, 2023 to Feb 29, 2024
    • HNW clients · 55 to 61
      Mar 13, 2023 to Feb 29, 2024
    • Individual clients · 122 to 120
      Mar 13, 2023 to Feb 29, 2024
    • Pension plan clients · 5 to 4
      Mar 13, 2023 to Feb 29, 2024
    • Assets in custody · $54.8M to $60.8M
      Mar 13, 2023 to Feb 29, 2024
    • Employees · 5 to 6
      Mar 13, 2023 to Feb 29, 2024
    • Discretionary RAUM · $550M to $677M
      Mar 13, 2023 to Feb 29, 2024
    • HNW RAUM · $292M to $388M
      Mar 13, 2023 to Feb 29, 2024
    • Individual RAUM · $44.6M to $43.8M
      Mar 13, 2023 to Feb 29, 2024
    • Non-discretionary RAUM · $24.4M to $23.4M
      Mar 13, 2023 to Feb 29, 2024
    • Pension RAUM · $24.9M to $24.5M
      Mar 13, 2023 to Feb 29, 2024
    Signals
    3 dated events
    • C•••••••• I••••••••• A•••••••• I••• reported RAUM $681.7M, up 35% from $506.6M (2021-03-17 to 2022-03-22)
      Mar 22, 2022 · RAUM change · derived
    • E. S•••• R•••••••• (Chief Compliance Officer) no longer on Schedule A of C•••••••• I••••••••• A•••••••• I••• (listed 2019-03-14, absent 2019-10-16)
      Oct 16, 2019 · Control person left · inference
    • C•••• J•••• (Chief Compliance Officer) appeared on Schedule A of C•••••••• I••••••••• A•••••••• I•••
      Oct 16, 2019 · Control person joined · fact
    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
    Business email
    c••••••••@c•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business email
    h••••••@c•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business email
    j•••••••••@c•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business email
    n•••••••@c•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    724-238-0148reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    724-238-0151reportedpublished by the firm, firm site, Sep 15, 2026
    Website
    C••••••••INVESTMENT.COMreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    724-238-0151reportedpublic record, Form ADV, Feb 26, 2026
    Team page
    c•••••••••.comreportedpublished 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
    $177Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026