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•••••• A•••••••• L••

Independent wealth managerBuffalo, New YorkCRD 129270SEC 801-72267websiteIAPD
Latest filing May 7, 2026
First filing on the tape Aug 16, 2012 · 26 filings
SEC status approved since Oct 11, 2011
RAUM
$176M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
91%
$160M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$88.2M
derived; firm RAUM over IAPD count
Employees
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$176M as of May 7, 2026
Aug 16, 2012$38.0M then
HNW client RAUM$128M as of May 7, 2026
May 2, 2018$43.5M then
State-registered IARs (5.B.3)1 as of May 7, 2026
Aug 16, 20120 then
Employees (5.A)3 as of May 7, 2026
Jul 31, 20133 then
Private funds: no history
RAUM +11% over the last fiscal year+12% a year over threeIARs 1 to 1
Practice profile
derived from the filing of May 7, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • 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
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$88.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
263derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$303,088derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
9.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+105%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$128M73%
  • Individuals$31.5M18%
  • Pension and profit-sharing plans$16.1M9.1%
  • Charitable organizations$289,0860.2%
Individual clients
473reported
HNW clients
52reported
Pension plan clients
56reported
Charitable clients
n/areported
Accounts
582reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.91 fund_share=0.0 institutional_share=0.09 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
C•••••••• L•• C•••••••••Buffalo, NySep 30, 202221 y0
A••• M•••• P••••••Buffalo, NyMar 4, 202623 y2
Advisor movement
0 left, 1 joined in 12 months
net +1 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
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • C••••••••• C••••••••• L•• · Chief Compliance Officercontrol
      since 12/2005 · owns 25% to 50%
    • C••••••• M•••• L•• · Managing Membercontrol
      since 03/2003 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Buffalo, Ny · principal210
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    3 against comparable advisers; where to look, not conclusions
    • business activity changedChange between filings · filing May 7, 2026
      selection of other advisers (Item 5.G.7): no on the filing of 2026-03-06, yes on the filing of 2026-05-07
      peers: independent wealth managers, $100M to $500M (5,678)
    • client count surgeChange between filings · filing Mar 6, 2026
      individual and HNW clients (Item 5.D) moved from 256.0 to 525.0 (+105.0%) between the annual amendments of 2025-03-31 and 2026-03-06; the peer median change was +3.0% (3309 comparable advisers, 99.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (3,309) · 99% percentile
    • account count surgeChange between filings · filing Mar 6, 2026
      accounts (Item 5.F.2.f) moved from 260.0 to 582.0 (+124.0%) between the annual amendments of 2025-03-31 and 2026-03-06; the peer median change was +5.0% (3686 comparable advisers, 98.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (3,686) · 98% percentile
    What changed
    consecutive filings, newest first
    • Advisory activities · 3 to 4
      Mar 6, 2026 to May 7, 2026
    • Accounts · 260 to 582
      Mar 31, 2025 to Mar 6, 2026
    • Advisory employees · 3 to 1
      Mar 31, 2025 to Mar 6, 2026
    • HNW clients · 87 to 52
      Mar 31, 2025 to Mar 6, 2026
    • Individual clients · 169 to 473
      Mar 31, 2025 to Mar 6, 2026
    • Pension plan clients · unset to 56.0
      Mar 31, 2025 to Mar 6, 2026
    • Discretionary RAUM · $157M to $174M
      Mar 31, 2025 to Mar 6, 2026
    • HNW RAUM · $104M to $128M
      Mar 31, 2025 to Mar 6, 2026
    • Individual RAUM · $53.7M to $31.5M
      Mar 31, 2025 to Mar 6, 2026
    • Non-discretionary RAUM · $1.9M to $2.3M
      Mar 31, 2025 to Mar 6, 2026
    • Pension RAUM · $1.3M to $16.1M
      Mar 31, 2025 to Mar 6, 2026
    • RAUM · $159M to $176M
      Mar 31, 2025 to Mar 6, 2026
    • Accounts · 285 to 260
      Mar 27, 2024 to Mar 31, 2025
    • Charity clients · 2.0 to unset
      Mar 27, 2024 to Mar 31, 2025
    • HNW clients · 38 to 87
      Mar 27, 2024 to Mar 31, 2025
    • Individual clients · 285 to 169
      Mar 27, 2024 to Mar 31, 2025
    • Financial planning clients · 0 to 0
      Mar 27, 2024 to Mar 31, 2025
    • State-registered IARs · 3 to 1
      Mar 27, 2024 to Mar 31, 2025
    • Discretionary RAUM · $141M to $157M
      Mar 27, 2024 to Mar 31, 2025
    • HNW RAUM · $90.1M to $104M
      Mar 27, 2024 to Mar 31, 2025
    • Individual RAUM · $50.7M to $53.7M
      Mar 27, 2024 to Mar 31, 2025
    • Non-discretionary RAUM · $679,074 to $1.9M
      Mar 27, 2024 to Mar 31, 2025
    • Pension RAUM · unset to 1307492.0
      Mar 27, 2024 to Mar 31, 2025
    • RAUM · $142M to $159M
      Mar 27, 2024 to Mar 31, 2025
    • Accounts · 827 to 285
      Mar 29, 2023 to Mar 27, 2024
    • Corporate clients · 1.0 to unset
      Mar 29, 2023 to Mar 27, 2024
    • HNW clients · 31 to 38
      Mar 29, 2023 to Mar 27, 2024
    • Individual clients · 783 to 285
      Mar 29, 2023 to Mar 27, 2024
    • Pension plan clients · 10.0 to unset
      Mar 29, 2023 to Mar 27, 2024
    • Employees · 4 to 3
      Mar 29, 2023 to Mar 27, 2024
    • Discretionary RAUM · $124M to $141M
      Mar 29, 2023 to Mar 27, 2024
    • HNW RAUM · $74.3M to $90.1M
      Mar 29, 2023 to Mar 27, 2024
    • Individual RAUM · $47.9M to $50.7M
      Mar 29, 2023 to Mar 27, 2024
    • Non-discretionary RAUM · $3.1M to $679,074
      Mar 29, 2023 to Mar 27, 2024
    • Pension RAUM · 3525387.0 to unset
      Mar 29, 2023 to Mar 27, 2024
    • RAUM · $127M to $142M
      Mar 29, 2023 to Mar 27, 2024
    • Accounts · 468 to 827
      Mar 29, 2022 to Mar 29, 2023
    • Advisory employees · 4 to 3
      Mar 29, 2022 to Mar 29, 2023
    • Advisory activities · 1 to 3
      Mar 29, 2022 to Mar 29, 2023
    • Corporate clients · unset to 1.0
      Mar 29, 2022 to Mar 29, 2023
    Signals
    No event on the tape.
    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 phone
    716-833-6338reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    716-835-3739reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    linkedin.com/company/collins-advisors-llcreportedpublic record, Form ADV, Sep 19, 2026
    Website
    C••••••ADVISORSLLC.COMreportedpublic record, Form ADV, Sep 19, 2026
    Principal office phone
    716-833-6338reportedpublic record, Form ADV, May 7, 2026
    Contact form
    mlcollins.com/contactreportedpublished by the firm, firm site, Sep 16, 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
    $88.2Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026