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

Good Harbor Financial

Former SEC-registered adviserBarrington, IllinoisCRD 127351SEC 801-71064IAPD

Legal name Good Harbor Financial, LLC

Latest filing Mar 17, 2022

First filing on the tape Mar 30, 2012 · 28 filings

RAUM

$20.6M

reported, Item 5.F

Discretionary

100%

of RAUM

Private clients

4.3%

$883,959 individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

n/a

derived; firm RAUM over IAPD count

Employees

4 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

28 filings and snapshots on the tape

RAUM$20.6M as of Mar 17, 2022

Mar 30, 2012$1.6B then

HNW client RAUM$0 as of Mar 17, 2022

Mar 13, 2018$0 then

State-registered IARs (5.B.3)2 as of Mar 17, 2022

Mar 30, 20120 then

Employees (5.A)5 as of Mar 17, 2022

Mar 28, 201328 then

Private funds2 as of Mar 28, 2014

Mar 30, 20121 then

RAUM -49% over the last fiscal year-55% a year over threeIARs 2 to 2

Practice profile

derived from the filing of Mar 17, 2022; every figure names its basis

RAUM per advisor: $10.3MderivedRAUM 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: $10.3MderivedRAUM over accounts (5.F.2.f)
Discretionary: 100%derivedof RAUM
Institutional: 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 2.5derivedItem 5.A over advisors
Advisors per office: 2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year: -49%derivedbetween the last two annual amendments
Advisor growth, one year: +0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year: unknownderived
Compensation: percentage of assetsreportedItem 5.E
Advisory activities: portfolio management for individuals, portfolio management for investment companiesreportedItem 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)

Where the RAUM sits

Form ADV Item 5.D, latest filing

Investment companies$19.7M96%
Individuals$883,9594.3%

Individual clients: n/areported
HNW clients: 0reported
Pension plan clients: 0reported
Charitable clients: 0reported
Accounts: 2reported
Financial planning clients: 0reported
Wrap fee programs: noreported
Custody of client assets: noreported
Compensation: % of AUMreported
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

Left, latest

Neil Ray Peplinski to Cedar Capital, LLC
Aug 16, 2022 · Other
Thomas Hines to Access Fund Management, LLC
May 18, 2018 · Other
Margaret Mary Oleary to Cedar Capital, LLC
Jan 2, 2015 · Other
James Joseph Duddey to Cedar Capital, LLC
Jan 2, 2015 · Other
Dennis G O'Malley to Cedar Capital, LLC
Jan 2, 2015 · Other
Matthew Alan Roma to Cedar Capital, LLC
Jan 2, 2015 · Other
Thomas Lee Petric to Cedar Capital, LLC
Jan 2, 2015 · Other
Michael Balch to Cedar Capital, LLC
Jan 2, 2015 · Other
Michael Justin Salemy to Cedar Capital, LLC
Jan 2, 2015 · Other
David Stephen Ulm to Cedar Capital, LLC
Jan 2, 2015 · Other
Kevin William Reilly to Cedar Capital, LLC
Jan 2, 2015 · Other

Joined, latest

Eric Lawrence Biegeleisen from Windhaven Investment Management, Inc.
Dec 15, 2014 · Other
Thomas Lee Petric from Nuveen Asset Management, LLC
Aug 4, 2014 · Other
Dennis G O'Malley from Northwestern Mutual Investment Services,LLC
Mar 28, 2014 · Other
Michael Justin Salemy from Invesco Advisers, Inc.
Mar 28, 2014 · Other
David Stephen Ulm from Invesco Advisers, Inc.
Mar 17, 2014 · Other
Kevin William Reilly from RBC Capital Markets, LLC
Aug 9, 2013 · Other
Margaret Mary Oleary from Voya Investment Management Co. LLC
Jun 6, 2013 · Other
Michael Balch from Namcoa
Jun 6, 2013 · Other
Thomas Hines from Merrill Lynch, Pierce, Fenner & Smith Incorporated
Sep 15, 2010 · Other

Every departure Every arrival

Teams: two or more advisors moving together within fourteen days, from one state

7 left for Cedar Capital, LLC
Jan 2, 2015 · Barrington, Il · Firm absorbed

Teams out Teams in

Private funds

3 reported on Schedule D 7.B.(1)

Fund	Type	Gross assets	Owners	First reported
Good Harbor U.S. Tactical Core Fund, L.P.no longer reported	Other Private Fund	$31.6M	1	Jan 7, 2013
Good Harbor U.S. Tactical Offshore Fund Ltd.no longer reported	Other Private Fund	$31.6M	1	Jan 7, 2013
Cedar Capital Special Opportunities Fund I LPno longer reported	Hedge Fund	$616,000	11	Mar 30, 2012

Owners and control persons

Schedule A and B, latest filing

Russell Paul Ingersoll · Chief Executive Officercontrol
since 12/2007 · owns less than 5%
Kamlesh Yashesh Patel · Chief Operating Officercontrol
since 07/2011 · owns less than 5%
Ray Neil Peplinski · Chief Investment Officercontrol
since 04/2003 · owns less than 5%
W Kevin Swanson · Chief Compliance Officercontrol
since 03/2016 · owns less than 5%
Russell Paul Ingersoll · Member/Managercontrol
since 03/2008 · owns F of Ingersoll Cedar LLC
John Christopher Mcgowan · Managercontrol
since 01/2014 · owns F of Cedar Capital Investments Holdings, LLC
Ray Neil Peplinski · Member/Managercontrol
since 03/2008 · owns F of Peplinski Cedar LLC

Entity owners

Cedar Capital, LLC · Managing Member
direct · owns 75% or more
Cedar Capital Investments Holdings, LLC · Member
indirect · owns 75% or more of Cedar Capital, LLC
Ingersoll Cedar LLC · Member
indirect · owns 25% to 50% of Cedar Capital Investments Holdings, LLC
Peplinski Cedar LLC · Member
indirect · owns 50% to 75% of Cedar Capital Investments Holdings, LLC

Related persons

Schedule D 7.A

Cedar Capital, LLC
investment adviseryRAUM $30.9M

Advisers that list Good Harbor Financial as a related person

174056 n

Offices

Schedule D 1.F, the 25 largest

No branch office listed.

What changed

consecutive filings, newest first

Accounts · 80 to 2
Dec 8, 2021 to Mar 17, 2022
Advisory activities · 4 to 2
Dec 8, 2021 to Mar 17, 2022
HNW clients · 7 to 0
Dec 8, 2021 to Mar 17, 2022
Individual clients · 24.0 to unset
Dec 8, 2021 to Mar 17, 2022
Pension plan clients · unset to 0.0
Dec 8, 2021 to Mar 17, 2022
Discretionary RAUM · $40.3M to $20.6M
Dec 8, 2021 to Mar 17, 2022
HNW RAUM · $2.6M to $0
Dec 8, 2021 to Mar 17, 2022
Individual RAUM · $5.2M to $883,959
Dec 8, 2021 to Mar 17, 2022
Pension RAUM · $380,943 to $0
Dec 8, 2021 to Mar 17, 2022
RAUM · $40.3M to $20.6M
Dec 8, 2021 to Mar 17, 2022
Wrap assets (manager) · 7679880.0 to unset
Dec 8, 2021 to Mar 17, 2022
Wrap assets (sponsor) · 0.0 to unset
Dec 8, 2021 to Mar 17, 2022
Accounts · 141 to 80
Dec 15, 2020 to Mar 19, 2021
Advisory employees · 6 to 4
Dec 15, 2020 to Mar 19, 2021
Advisory activities · 5 to 4
Dec 15, 2020 to Mar 19, 2021
BD registered reps · 2 to 0
Dec 15, 2020 to Mar 19, 2021
HNW clients · 8 to 7
Dec 15, 2020 to Mar 19, 2021
Individual clients · 39 to 24
Dec 15, 2020 to Mar 19, 2021
Pooled vehicle clients · 1 to 0
Dec 15, 2020 to Mar 19, 2021
Employees · 7 to 5
Dec 15, 2020 to Mar 19, 2021
Insurance-licensed employees · 3 to 2
Dec 15, 2020 to Mar 19, 2021
State-registered IARs · 3 to 2
Dec 15, 2020 to Mar 19, 2021
Discretionary RAUM · $230M to $40.3M
Dec 15, 2020 to Mar 19, 2021
HNW RAUM · $3.2M to $2.6M
Dec 15, 2020 to Mar 19, 2021
Individual RAUM · $5.8M to $5.2M
Dec 15, 2020 to Mar 19, 2021
Pension RAUM · $384,710 to $380,943
Dec 15, 2020 to Mar 19, 2021
Pooled vehicle RAUM · $15.7M to $0
Dec 15, 2020 to Mar 19, 2021
RAUM · $230M to $40.3M
Dec 15, 2020 to Mar 19, 2021
Wrap assets (manager) · $9.3M to $7.7M
Dec 15, 2020 to Mar 19, 2021
Accounts · 280 to 141
Dec 10, 2019 to Mar 5, 2020
Charity clients · unset to 0.0
Dec 10, 2019 to Mar 5, 2020
Corporate clients · unset to 6.0
Dec 10, 2019 to Mar 5, 2020
HNW clients · 0 to 8
Dec 10, 2019 to Mar 5, 2020
Individual clients · 67 to 39
Dec 10, 2019 to Mar 5, 2020
Financial planning clients · unset to 0
Dec 10, 2019 to Mar 5, 2020
Discretionary RAUM · $232M to $230M
Dec 10, 2019 to Mar 5, 2020
HNW RAUM · $0 to $3.2M
Dec 10, 2019 to Mar 5, 2020
Individual RAUM · $23.5M to $5.8M
Dec 10, 2019 to Mar 5, 2020
Pension RAUM · $387,227 to $384,710
Dec 10, 2019 to Mar 5, 2020
Pooled vehicle RAUM · $14.1M to $15.7M
Dec 10, 2019 to Mar 5, 2020

Signals

4 dated events

Thomas George Koleski no longer registered at Good Harbor Financial; no later IA registration on IAPD
Aug 16, 2022 · Advisor departure · fact
Neil Ray Peplinski left Good Harbor Financial for Cedar Capital, Llc (registered 2015-11-25)
Aug 16, 2022 · Advisor changed firm · fact
Good Harbor Financial reported RAUM $40.3M, down 83% from $230.4M (2020-12-15 to 2021-03-19)
Mar 19, 2021 · RAUM change · derived
N Richard Garman (Manager) no longer on Schedule A of Good Harbor Financial (listed 2018-12-07, absent 2019-03-14)
Mar 14, 2019 · Control person left · inference

Across DFX

shared identifiers only, never a name match

No identifier-backed link to the venture, private equity, family office or sponsor graphs.

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