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
Busey Capital Management, Inc.
Latest filing Mar 12, 2026
First filing on the tape Nov 18, 2011 · 25 filings
SEC status approved since Sep 30, 2003
RAUM
$494M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
30%
$147M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$123M
derived; firm RAUM over IAPD count
Employees
22
19 advisory (5.B.1)
Offices
8
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$494M as of Mar 12, 2026
Feb 24, 2012$146M then
HNW client RAUM$16.0M as of Mar 12, 2026
Feb 21, 2018$15.7M then
State-registered IARs (5.B.3)4 as of Mar 12, 2026
Mar 25, 20133 then
Employees (5.A)22 as of Mar 12, 2026
Mar 25, 201312 then
Private funds: no history
RAUM +52% over the last fiscal year+4.8% a year over threeIARs 5 to 4offices 1 to 8
Practice profile
derived from the filing of Mar 12, 2026; every figure names its basis
Archetypes, each a printed rule
- Bank affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- RAUM per advisor
- $123MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 96derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.5MderivedHNW RAUM over HNW clients
- Average account
- $964,533derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 52%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 5.5derivedItem 5.A over advisors
- Advisors per office
- 0.4derived9 offices incl. principal (1.F.5)
- RAUM growth, one year
- +52%derivedbetween the last two annual amendments
- Advisor growth, one year
- -20%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -11%derived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Ownership
- a bank, bancorp or trust company is a 50 percent or greater ownerderived
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Charitable organizations$257M52%
- Individuals$131M26%
- Corporations and businesses$90.4M18%
- High-net-worth individuals$16.0M3.2%
- Individual clients
- 373reported
- HNW clients
- 11reported
- Pension plan clients
- 0reported
- Charitable clients
- n/areported
- Accounts
- 512reported
- Financial planning clients
- reported
- Wrap fee programs
- $0 sponsored, $147M managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.3 fund_share=0.0 institutional_share=0.52 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Robert James BallsrudChartered Financial Analyst | Urbana, Il | Apr 13, 2010 | 27 y | 0 |
| Zachary Edward HillardChartered Financial Analyst | Urbana, Il | Feb 25, 2011 | 18 y | 0 |
| Aaron M. SuttonChartered Financial Analyst | Urbana, Il | Jan 24, 2013 | 23 y | 0 |
| Grant Kent MckayChartered Financial Analyst | Burr Ridge, Il | Feb 28, 2019 | 32 y | 0 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 25% of current headcount1 left over 36 months
Left, latest
- Thaddeus William Yasunaga to First Citizens Asset Management, IncNov 17, 2025 · RIA to affiliated broker-dealer or bank
- Kenneth Lee Blickenstaff to Titan Investment Management LLCNov 24, 2014 · Other
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- James Robert Ballsrud · Directorcontrolsince 03/2010 · owns less than 5%
- Daniel Jeffrey Burgess · President And Ceocontrolsince 03/2024 · owns less than 5%
- Marie Nicole Chaput · Chief Compliance Officercontrolsince 06/2018 · owns less than 5%
- Edward Zachary Hillard · Treasurercontrolsince 01/2011 · owns less than 5%
- Kent Grant Mckay · Directorcontrolsince 12/2018 · owns less than 5%
- Sain Mercia Moore · Secretarycontrolsince 03/2019 · owns less than 5%
- David Kevin Pfleger · Directorcontrolsince 12/2020 · owns less than 5%
- M. Aaron Sutton · Directorcontrolsince 09/2016 · owns less than 5%
Entity owners
- Busey Bank · Ownerdirect · owns 75% or more
- First Busey Corporation · Ownerindirect · owns 75% or more of Busey Bank
Related persons
Schedule D 7.A
- Busey Bankinvestment companyy
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Urbana, Il · principal | 4 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
- Clayton, MO2 employees
ADV anomalies
5 against comparable advisers; where to look, not conclusions
- wealth to institutional shiftCombination · filing Mar 12, 2026private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $324,676,105 to $493,841,034, advisors 5 to 4, private clients 431 to 384, offices 1 to 8 (2025-03-12 to 2026-03-12)peers: independent wealth managers, $100M to $500M (5,676)
- high institutional concentrationStatic outlier · filing Mar 12, 2026institutional share of RAUM of 52% against a peer median of 0% (5676 comparable advisers, 99.0th percentile, 17.4 robust deviations)peers: independent wealth managers, $100M to $500M (5,676) · 99% percentile
- client mix shiftChange between filings · filing Mar 12, 2026private-client share of RAUM moved from 45.0% to 30.0% between the annual amendments of 2025-03-12 and 2026-03-12peers: independent wealth managers, $100M to $500M (5,676)
- institutional asset share shiftChange between filings · filing Mar 12, 2026institutional share of RAUM moved from 55.0% to 70.0% between the annual amendments of 2025-03-12 and 2026-03-12peers: independent wealth managers, $100M to $500M (5,676)
- RAUM up 50 %Change between filings · filing Mar 12, 2026RAUM (Item 5.F) moved from $324,676,105 to $493,841,034 (+52.0%) between the annual amendments of 2025-03-12 and 2026-03-12; the peer median change was +15.0% (4551 comparable advisers, 96.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,551) · 96% percentile
What changed
consecutive filings, newest first
- Accounts · 567 to 512Dec 9, 2025 to Mar 12, 2026
- Advisory employees · 20 to 19Dec 9, 2025 to Mar 12, 2026
- HNW clients · 7 to 11Dec 9, 2025 to Mar 12, 2026
- Individual clients · 424 to 373Dec 9, 2025 to Mar 12, 2026
- Employees · 24 to 22Dec 9, 2025 to Mar 12, 2026
- State-registered IARs · 5 to 4Dec 9, 2025 to Mar 12, 2026
- Other offices · 1 to 8Dec 9, 2025 to Mar 12, 2026
- Discretionary RAUM · $325M to $494MDec 9, 2025 to Mar 12, 2026
- HNW RAUM · $10.1M to $16.0MDec 9, 2025 to Mar 12, 2026
- Individual RAUM · $137M to $131MDec 9, 2025 to Mar 12, 2026
- RAUM · $325M to $494MDec 9, 2025 to Mar 12, 2026
- Wrap assets (manager) · $148M to $147MDec 9, 2025 to Mar 12, 2026
- Accounts · 647 to 567Mar 22, 2024 to Mar 12, 2025
- Advisory employees · 14 to 20Mar 22, 2024 to Mar 12, 2025
- HNW clients · 8 to 7Mar 22, 2024 to Mar 12, 2025
- Individual clients · 471 to 424Mar 22, 2024 to Mar 12, 2025
- Employees · 18 to 24Mar 22, 2024 to Mar 12, 2025
- Financial planning clients · unset to Mar 22, 2024 to Mar 12, 2025
- Discretionary RAUM · $339M to $325MMar 22, 2024 to Mar 12, 2025
- HNW RAUM · $11.0M to $10.1MMar 22, 2024 to Mar 12, 2025
- Individual RAUM · $141M to $137MMar 22, 2024 to Mar 12, 2025
- RAUM · $339M to $325MMar 22, 2024 to Mar 12, 2025
- Wrap assets (manager) · $186M to $148MMar 22, 2024 to Mar 12, 2025
- Accounts · 757 to 647Mar 21, 2023 to Mar 22, 2024
- Advisory employees · 13 to 14Mar 21, 2023 to Mar 22, 2024
- HNW clients · 7 to 8Mar 21, 2023 to Mar 22, 2024
- Individual clients · 565 to 471Mar 21, 2023 to Mar 22, 2024
- Employees · 19 to 18Mar 21, 2023 to Mar 22, 2024
- State-registered IARs · 4 to 5Mar 21, 2023 to Mar 22, 2024
- Discretionary RAUM · $429M to $339MMar 21, 2023 to Mar 22, 2024
- HNW RAUM · $6.9M to $11.0MMar 21, 2023 to Mar 22, 2024
- Individual RAUM · $148M to $141MMar 21, 2023 to Mar 22, 2024
- RAUM · $429M to $339MMar 21, 2023 to Mar 22, 2024
- Wrap assets (manager) · $155M to $186MMar 21, 2023 to Mar 22, 2024
- Accounts · 716 to 757Mar 28, 2022 to Mar 21, 2023
- Advisory employees · 14 to 13Mar 28, 2022 to Mar 21, 2023
- HNW clients · 21 to 7Mar 28, 2022 to Mar 21, 2023
- Individual clients · 524 to 565Mar 28, 2022 to Mar 21, 2023
- Employees · 17 to 19Mar 28, 2022 to Mar 21, 2023
- State-registered IARs · 5 to 4Mar 28, 2022 to Mar 21, 2023
Signals
15 dated events
- Busey Capital Management, Inc. reported 8 offices beyond its principal office, up from 1 (2025-12-09 to 2026-03-12)Mar 12, 2026 · Office count change · derived
- Busey Capital Management, Inc. reported RAUM $493.8M, up 52% from $324.7M (2025-12-09 to 2026-03-12)Mar 12, 2026 · RAUM change · derived
- Thaddeus William Yasunaga left Busey Capital Management, Inc. for First Citizens Asset Management, Inc (registered 2024-09-30)Nov 17, 2025 · Advisor changed firm · fact
- Daniel Jeffrey Burgess (President And Ceo) appeared on Schedule A of Busey Capital Management, Inc.Mar 22, 2024 · Control person joined · fact
- William Thaddeus Yasunaga (Director) no longer on Schedule A of Busey Capital Management, Inc. (listed 2023-03-21, absent 2024-03-22)Mar 22, 2024 · Control person left · inference
- Ward Aron Mcdonald (Director) no longer on Schedule A of Busey Capital Management, Inc. (listed 2022-03-28, absent 2023-03-21)Mar 21, 2023 · Control person left · inference
- John Christopher Jordan (Director) no longer on Schedule A of Busey Capital Management, Inc. (listed 2021-03-30, absent 2022-03-28)Mar 28, 2022 · Control person left · inference
- John Christopher Jordan (Director) appeared on Schedule A of Busey Capital Management, Inc.Mar 30, 2021 · Control person joined · fact
- David Kevin Pfleger (Director) appeared on Schedule A of Busey Capital Management, Inc.Mar 30, 2021 · Control person joined · fact
- Scott Jason Niemann (Director) no longer on Schedule A of Busey Capital Management, Inc. (listed 2019-03-25, absent 2020-03-24)Mar 24, 2020 · Control person left · inference
- Marie Teresa Twigg (Secretary) no longer on Schedule A of Busey Capital Management, Inc. (listed 2018-11-30, absent 2019-03-25)Mar 25, 2019 · Control person left · inference
- Busey Capital Management, Inc. reported RAUM $411.3M, up 56% from $263.2M (2018-11-30 to 2019-03-25)Mar 25, 2019 · RAUM change · derived
- Scott Jason Niemann (Director) appeared on Schedule A of Busey Capital Management, Inc.Mar 25, 2019 · Control person joined · fact
- Kent Grant Mckay (Director) appeared on Schedule A of Busey Capital Management, Inc.Mar 25, 2019 · Control person joined · fact
- Sain Mercia Moore (Secretary) appeared on Schedule A of Busey Capital Management, Inc.Mar 25, 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
- Principal office phone
- 217-365-4800reportedpublic record, Form ADV, Mar 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
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $123Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026