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

Investment Advisors Asset Management, LLC

Former SEC-registered adviserEaston, PennsylvaniaCRD 128716SEC 801-62575IAPD
Latest filing Mar 16, 2020
First filing on the tape Mar 30, 2012 · 20 filings
RAUM
$481M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$464M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
26
26 advisory (5.B.1)
Offices
10
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$481M as of Mar 16, 2020
Mar 30, 2012$338M then
HNW client RAUM$110M as of Mar 16, 2020
Feb 28, 2018$118M then
State-registered IARs (5.B.3)0 as of Mar 16, 2020
Mar 18, 201344 then
Employees (5.A)26 as of Mar 16, 2020
Mar 18, 201344 then
Private funds: no history
RAUM -0.9% over the last fiscal year+7.8% a year over threeIARs 29 to 0offices 16 to 10
Practice profile
derived from the filing of Mar 16, 2020; 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
$1.2MderivedHNW RAUM over HNW clients
Average account
$215,174derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived11 offices incl. principal (1.F.5)
RAUM growth, one year
-0.9%derivedbetween the last two annual amendments
Advisor growth, one year
-100%derivedItem 5.B.3 between annual amendments
Client growth, one year
+21%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Wrap fee program
$81.3MreportedItem 5.I
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$354M74%
  • High-net-worth individuals$110M23%
  • Corporations and businesses$10.0M2.1%
  • Pension and profit-sharing plans$5.3M1.1%
  • Charitable organizations$1.9M0.4%
Individual clients
2,119reported
HNW clients
95reported
Pension plan clients
7reported
Charitable clients
2reported
Accounts
2,237reported
Financial planning clients
251-500reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
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
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Eugene Thomas Musumeci · Partnercontrol
      since 06/2003 · owns 25% to 50%
    • C Holly Parsons Jinks · Chief Operating Officercontrol
      since 04/2014 · owns less than 5%
    • Clark Joseph Parsons · Presidentcontrol
      since 05/2003 · owns 25% to 50%
    • Arthur James Rice · Vice President/Chief Compliance Officercontrol
      since 05/2003 · owns 25% to 50%
    Related persons
    Schedule D 7.A
    • Jeffrey Cappelle
      insurancen
    • Mark Young
      insurancen
    • Theresa Young
      insurancen
    Offices
    Schedule D 1.F, the 25 largest
    • West Long Branch, NJ10 employees
    • Newfield, NJ2 employees
    • Topeka, KS2 employees
    • Mt. Laurel, NJ1 employees
    • , 1 employees
    • , 1 employees
    • Bethlehem, PA1 employees
    • Wyckoff, NJ1 employees
    • Turnersville, NJ1 employees
    • Kenilworth, NJ1 employees
    What changed
    consecutive filings, newest first
    • Pension plan clients · 9 to 7
      May 17, 2019 to Mar 16, 2020
    • Employees · 29 to 26
      May 17, 2019 to Mar 16, 2020
    • State-registered IARs · 29 to 0
      May 17, 2019 to Mar 16, 2020
    • Other offices · 16 to 10
      May 17, 2019 to Mar 16, 2020
    • Discretionary RAUM · $483M to $481M
      May 17, 2019 to Mar 16, 2020
    • HNW RAUM · $115M to $110M
      May 17, 2019 to Mar 16, 2020
    • Individual RAUM · $357M to $354M
      May 17, 2019 to Mar 16, 2020
    • Non-discretionary RAUM · $2.6M to $0
      May 17, 2019 to Mar 16, 2020
    • Pension RAUM · $7.7M to $5.3M
      May 17, 2019 to Mar 16, 2020
    • RAUM · $486M to $481M
      May 17, 2019 to Mar 16, 2020
    • Accounts · 2,431 to 2,237
      May 17, 2019 to Mar 16, 2020
    • Advisory employees · 29 to 26
      May 17, 2019 to Mar 16, 2020
    • BD registered reps · 29 to 26
      May 17, 2019 to Mar 16, 2020
    • Charity clients · unset to 2.0
      May 17, 2019 to Mar 16, 2020
    • Corporate clients · 10 to 14
      May 17, 2019 to Mar 16, 2020
    • HNW clients · 80 to 95
      May 17, 2019 to Mar 16, 2020
    • Individual clients · 1,755 to 2,119
      May 17, 2019 to Mar 16, 2020
    • Accounts · 2,220 to 2,431
      Sep 27, 2018 to Feb 20, 2019
    • Advisory employees · 30 to 29
      Sep 27, 2018 to Feb 20, 2019
    • BD registered reps · 30 to 29
      Sep 27, 2018 to Feb 20, 2019
    • Corporate clients · 13 to 10
      Sep 27, 2018 to Feb 20, 2019
    • HNW clients · 85 to 80
      Sep 27, 2018 to Feb 20, 2019
    • Individual clients · 1,827 to 1,755
      Sep 27, 2018 to Feb 20, 2019
    • Pension plan clients · 10 to 9
      Sep 27, 2018 to Feb 20, 2019
    • Employees · 30 to 29
      Sep 27, 2018 to Feb 20, 2019
    • Financial planning clients · More than 500 to 251-500
      Sep 27, 2018 to Feb 20, 2019
    • State-registered IARs · 30 to 29
      Sep 27, 2018 to Feb 20, 2019
    • Discretionary RAUM · $469M to $483M
      Sep 27, 2018 to Feb 20, 2019
    • HNW RAUM · $118M to $115M
      Sep 27, 2018 to Feb 20, 2019
    • Individual RAUM · $334M to $357M
      Sep 27, 2018 to Feb 20, 2019
    • Non-discretionary RAUM · $2.7M to $2.6M
      Sep 27, 2018 to Feb 20, 2019
    • Pension RAUM · $10.1M to $7.7M
      Sep 27, 2018 to Feb 20, 2019
    • RAUM · $472M to $486M
      Sep 27, 2018 to Feb 20, 2019
    • Accounts · 1,921 to 2,220
      Jun 30, 2017 to Feb 28, 2018
    • Advisory employees · 32 to 30
      Jun 30, 2017 to Feb 28, 2018
    • BD registered reps · 32 to 30
      Jun 30, 2017 to Feb 28, 2018
    • Corporate clients · unset to 13.0
      Jun 30, 2017 to Feb 28, 2018
    • HNW clients · unset to 85.0
      Jun 30, 2017 to Feb 28, 2018
    • Individual clients · unset to 1827.0
      Jun 30, 2017 to Feb 28, 2018
    • Pension plan clients · unset to 10.0
      Jun 30, 2017 to Feb 28, 2018
    Signals
    2 dated events
    • Investment Advisors Asset Management, Llc reported 10 offices beyond its principal office, down from 16 (2019-05-17 to 2020-03-16)
      Mar 16, 2020 · Office count change · derived
    • Investment Advisors Asset Management, Llc reported 0 state-registered advisory representatives, down from 29 (2019-05-17 to 2020-03-16)
      Mar 16, 2020 · Advisor headcount change · derived
    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