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

Emerson Equity LLC

Broker-dealer affiliated wealth managerSan Mateo, CaliforniaCRD 130032SEC 801-120835websiteIAPD
Latest filing Sep 10, 2026
First filing on the tape Mar 27, 2012 · 52 filings
SEC status approved since Apr 16, 2021
RAUM
$322M
reported, Item 5.F
Discretionary
67%
of RAUM
Private clients
98%
$314M individuals and HNW
Advisors
82
registered through the firm on IAPD
RAUM per advisor
$3.9M
derived; firm RAUM over IAPD count
Employees
343
84 advisory (5.B.1)
Offices
9
beyond the principal office
Private funds
0
reported on Schedule D
History
52 filings and snapshots on the tape
RAUM$322M as of Apr 8, 2026
Mar 27, 2012$30.0M then
HNW client RAUM$129M as of Apr 8, 2026
Jan 21, 2022$22.5M then
State-registered IARs (5.B.3)84 as of Apr 8, 2026
Mar 27, 20120 then
Employees (5.A)343 as of Apr 8, 2026
Jan 21, 2022225 then
Private funds: 1
RAUM -1.9% over the last fiscal year+19% a year over threeIARs 72 to 84
Practice profile
derived from the filing of Sep 10, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
RAUM per advisor
$3.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
8derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.3MderivedHNW RAUM over HNW clients
Average account
$471,708derivedRAUM over accounts (5.F.2.f)
Discretionary
67%derivedof RAUM
Institutional
1.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.2derivedItem 5.A over advisors
Advisors per office
8.2derived10 offices incl. principal (1.F.5)
RAUM growth, one year
-1.9%derivedbetween the last two annual amendments
Advisor growth, one year
+17%derivedItem 5.B.3 between annual amendments
Client growth, one year
-8.7%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, educational seminars, otherreportedItem 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
  • is a broker-dealer (6.A.1)
  • is an insurance broker or agent (6.A.6)
  • 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$185M58%
  • High-net-worth individuals$129M40%
  • Corporations and businesses$4.1M1.3%
  • Pension and profit-sharing plans$3.1M1.0%
Individual clients
518reported
HNW clients
102reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
682reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.01 related_bd=true related_bank=false bd_reps=228.0derived
Advisors registered through the firm
82 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Dominic Julio BaldiniSan Mateo, CaMar 5, 200427 y0
Kathleen Frances MorrisseySan Mateo, CaDec 20, 200524 y2
Kristian Daniel ColvinCertified Financial PlannerLa Jolla, Ca Sep 9, 200929 y1
Gregory Jonathan RitterDelaware, Oh Nov 10, 201025 y2
Forrest JamesIrvine, Ca Nov 15, 201325 y3
Joshua David ChapinCorona Del Mar, Ca Nov 13, 201515 y2
Todd Nathan CondiffSachse, Tx Mar 30, 201621 y2
Kevin Jon HickamChartered Financial AnalystSan Mateo, Ca May 13, 201612 y0
Andrew Courtice BagnallCertified Financial PlannerSan Mateo, Ca Jul 7, 201735 y4
Erick BaerRedondo Beach, Ca Mar 21, 201831 y6
Matthew Peter LarsonSan Mateo, CaDec 3, 201811 y0
Zack Steven BroughSan Mateo, Ca Jan 31, 201920 y0
Toni Lynn SutherlandSan Mateo, Ca Mar 15, 201930 y7
Timothy John ShererChartered Financial ConsultantSan Mateo, Ca Apr 15, 201937 y5
Ryan Jonathan ShererReno, Nv Apr 15, 201913 y4
Wen CheTorrance, Ca May 8, 201910 y1
James Martin HickeySan Mateo, Ca Jun 14, 201940 y0
James Michael WhitsonSan Mateo, Ca Oct 3, 201927 y1
Jeff W WebbSan Mateo, Ca Nov 5, 201920 y2
Germaine MaChino, Ca Dec 26, 201912 y0
John Edward HoffmanIrvine, Ca Mar 19, 202039 y5
Ryan David FinchCertified Financial PlannerIrvine, Ca May 4, 202013 y2
Zhi Ying GuanSan Mateo, Ca Dec 18, 202010 y0
Gregory Atkins ScottDouglasville, Ga Feb 23, 202116 y1
John Paul LedesmaIrvine, CaMay 6, 202132 y2
Phillip FalkSan Mateo, Ca Jul 23, 202133 y7
Dieter Erwin ThurowReno, Nv Aug 26, 202146 y2
Yi Ping ChouSunnyvale, Ca Oct 18, 202125 y2
Howard DavisWoodland Hills, Ca Dec 3, 202138 y3
Milan Mandaric BaldiniSan Mateo, CaJan 24, 202210 y0
Bryce Brenner EmoMill Valley, Ca Feb 17, 202212 y0
Ernesto A. ChavezSan Mateo, Ca Mar 3, 202225 y2
Michael James GhirardoNovato, Ca May 6, 202212 y0
Ethan RussmanCertified Financial PlannerSan Mateo, Ca Sep 23, 202210 y2
Daniel Edward PisentiSan Rafael, Ca Jan 4, 202334 y1
Steven Edward GermanySan Mateo, Ca Jan 18, 202331 y0
Derek James VogelIrvine, Ca Feb 9, 202310 y0
San Quach WardSan Mateo, Ca Apr 7, 202314 y0
Amy K StrohnPaicines, Ca Sep 21, 202310 y0
Douglas M ZatorIrvine, Ca Dec 7, 202311 y7
All 82 advisors at Emerson Equity LLC
Advisor movement
3 left, 10 joined in 12 months
net +7 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 3.7% of current headcount9 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    1 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    Neowave Equity Fund LLCno longer reportedPrivate Equity Fund$500,0005Mar 27, 2012
    Owners and control persons
    Schedule A and B, latest filing
    • Dominic Julio Baldini · Managing Member, President, General Securities Principal, Chief Compliance Officer, Options Principal, Muni Principal, Finopcontrol
      since 12/2003 · owns 75% or more
    • Jaclyn Deanne Strife · Direct Owner In Oceanic Partners, Inc.control
      since 09/2014 · owns 50% to 75% of Oceanic Partners, Inc.
    • Timothy Evan Sullivan · Direct Owner In Oceanic Partners, Inc.control
      since 09/2014 · owns 50% to 75% of Oceanic Partners, Inc.
    • Kathleen Frances Morrissey · Chief Operations Officer
      since 08/2016 · owns less than 5%
    • Sean Kristian Snyder · Chief Strategy Officer
      since 04/2017 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    San Mateo, Ca · principal67110
    Irvine, Ca3441
    San Diego, Ca401
    Greenwood Village, Co300
    Reno, Nv301
    Los Gatos, Ca300
    Scottsdale, Az310
    New York, Ny310
    Aptos, Ca200
    Delaware, Oh200
    Mckinney, Tx210
    San Carlos, Ca200
    San Jose, Ca200
    San Rafael, Ca210
    Wheat Ridge, Co200
    Newport Beach, Ca100
    Dana Point, Ca000
    Hermosa Beach, Ca000
    Offices
    Schedule D 1.F, the 25 largest
    • Los Gatos, CA2 employees
    • Reno, NV1 employees
    • Agoura Hills, CA1 employees
    • Rolling Hills, CA1 employees
    • Delaware, OH1 employees
    • Irvine, CA1 employees
    • La Jolla, CA1 employees
    • Aptos, CA1 employees
    • Woodland Hills, CA1 employees
    ADV anomalies
    2 against comparable advisers; where to look, not conclusions
    • account count collapseChange between filings · filing Apr 8, 2026
      accounts (Item 5.F.2.f) moved from 1,091.0 to 682.0 (-37.0%) between the annual amendments of 2025-03-27 and 2026-04-08; the peer median change was +6.0% (20 comparable advisers, 5.0th percentile of changes)
      peers: affiliated wealth managers (20) · 5.3% percentile
    • employee count surgeChange between filings · filing Apr 8, 2026
      employees (Item 5.A) moved from 222.0 to 343.0 (+55.0%) between the annual amendments of 2025-03-27 and 2026-04-08; the peer median change was +1.0% (25 comparable advisers, 96.0th percentile of changes)
      peers: affiliated wealth managers (25) · 96% percentile
    What changed
    consecutive filings, newest first
    • Financial planning clients · 1-10 to 1-10
      Apr 8, 2026 to Sep 10, 2026
    • Succession · false to unset
      Apr 8, 2026 to Sep 10, 2026
    • Accounts · 1,091 to 682
      Feb 13, 2026 to Mar 31, 2026
    • Advisory employees · 72 to 84
      Feb 13, 2026 to Mar 31, 2026
    • BD registered reps · 216 to 228
      Feb 13, 2026 to Mar 31, 2026
    • HNW clients · 130 to 102
      Feb 13, 2026 to Mar 31, 2026
    • Individual clients · 549 to 518
      Feb 13, 2026 to Mar 31, 2026
    • Employees · 222 to 343
      Feb 13, 2026 to Mar 31, 2026
    • Insurance-licensed employees · 35 to 39
      Feb 13, 2026 to Mar 31, 2026
    • State-registered IARs · 72 to 84
      Feb 13, 2026 to Mar 31, 2026
    • Discretionary RAUM · $180M to $215M
      Feb 13, 2026 to Mar 31, 2026
    • HNW RAUM · $154M to $129M
      Feb 13, 2026 to Mar 31, 2026
    • Individual RAUM · $166M to $185M
      Feb 13, 2026 to Mar 31, 2026
    • Non-discretionary RAUM · $148M to $107M
      Feb 13, 2026 to Mar 31, 2026
    • Pension RAUM · $6.7M to $3.1M
      Feb 13, 2026 to Mar 31, 2026
    • RAUM · $328M to $322M
      Feb 13, 2026 to Mar 31, 2026
    • Financial planning clients · 1-10 to 1-10
      Mar 27, 2025 to Jun 26, 2025
    • Accounts · 1,037 to 1,091
      Mar 28, 2024 to Mar 27, 2025
    • HNW clients · 144 to 130
      Mar 28, 2024 to Mar 27, 2025
    • Individual clients · 451 to 549
      Mar 28, 2024 to Mar 27, 2025
    • Discretionary RAUM · $141M to $180M
      Mar 28, 2024 to Mar 27, 2025
    • HNW RAUM · $24.0M to $154M
      Mar 28, 2024 to Mar 27, 2025
    • Individual RAUM · $149M to $166M
      Mar 28, 2024 to Mar 27, 2025
    • Non-discretionary RAUM · $35.2M to $148M
      Mar 28, 2024 to Mar 27, 2025
    • Pension RAUM · $3.4M to $6.7M
      Mar 28, 2024 to Mar 27, 2025
    • RAUM · $176M to $328M
      Mar 28, 2024 to Mar 27, 2025
    • Accounts · 526 to 1,037
      Feb 20, 2024 to Mar 28, 2024
    • BD registered reps · 71 to 216
      Feb 20, 2024 to Mar 28, 2024
    • HNW clients · 80 to 144
      Feb 20, 2024 to Mar 28, 2024
    • Individual clients · 445 to 451
      Feb 20, 2024 to Mar 28, 2024
    • Employees · 208 to 222
      Feb 20, 2024 to Mar 28, 2024
    • Insurance-licensed employees · 17 to 35
      Feb 20, 2024 to Mar 28, 2024
    • Discretionary RAUM · $106M to $141M
      Feb 20, 2024 to Mar 28, 2024
    • HNW RAUM · $52.1M to $24.0M
      Feb 20, 2024 to Mar 28, 2024
    • Individual RAUM · $134M to $149M
      Feb 20, 2024 to Mar 28, 2024
    • Non-discretionary RAUM · $83.0M to $35.2M
      Feb 20, 2024 to Mar 28, 2024
    • Pension RAUM · $3.0M to $3.4M
      Feb 20, 2024 to Mar 28, 2024
    • RAUM · $189M to $176M
      Feb 20, 2024 to Mar 28, 2024
    • Accounts · 598 to 526
      Jan 30, 2023 to Mar 29, 2023
    • Advisory employees · 25 to 72
      Jan 30, 2023 to Mar 29, 2023
    Signals
    27 dated events
    • Scott Michael Ozer left Emerson Equity Llc for Southern California Wealth Management Associates (registered 2026-03-11)
      Feb 9, 2026 · Advisor changed firm · fact
    • 2 advisors left Moloney Securities Asset Management LLC (Long Beach, CA) for Emerson Equity LLC on the same day
      Dec 12, 2025 · Team lift-out · derived
    • Michael David Dose left Emerson Equity Llc for Cambridge Investment Research Advisors, Inc. (registered 2025-12-19)
      Dec 8, 2025 · Advisor changed firm · fact
    • Dhruv Pershad Gupta left Emerson Equity Llc for Ip Financial Advisory Services Llc (registered 2025-10-08)
      Oct 31, 2025 · Advisor changed firm · fact
    • Emerson Equity Llc reported RAUM $327.9M, up 86% from $176.2M (2024-03-28 to 2025-03-27)
      Mar 27, 2025 · RAUM change · derived
    • 3 advisors left Kingswood Wealth Advisors, LLC (San Diego, CA) for Emerson Equity LLC within 6 days
      Mar 19, 2025 · Team lift-out · derived
    • Craig M Gougis left Emerson Equity Llc for Penserra Wealth Management (registered 2026-01-02)
      Feb 24, 2025 · Advisor changed firm · fact
    • Brett Allen Bonecutter left Emerson Equity Llc for Hightower Advisors, Llc (registered 2025-01-14)
      Jan 2, 2025 · Advisor changed firm · fact
    • John Caldwell Guilds left Emerson Equity Llc for Colorado Financial Service Corporation (registered 2025-03-10)
      Nov 25, 2024 · Advisor changed firm · fact
    • Patrick T Jarrell left Emerson Equity Llc for Northwoods Financial Partners Llc (registered 2024-10-24)
      Oct 21, 2024 · Advisor changed firm · fact
    • Sean Holland left Emerson Equity Llc for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2024-07-05)
      Jul 2, 2024 · Advisor changed firm · fact
    • 2 advisors left NI Advisors (Cupertino, CA) for Emerson Equity LLC on the same day
      May 16, 2024 · Team lift-out · derived
    • Dillon Dee Hall left Emerson Equity Llc for Arkadios Wealth Advisors (registered 2023-08-01)
      Oct 13, 2023 · Advisor changed firm · fact
    • David Jay Levine left Emerson Equity Llc for Fidelity Personal And Workplace Advisors (registered 2023-12-11)
      Sep 5, 2023 · Advisor changed firm · fact
    • Douglas M Zator left Emerson Equity Llc for Arkadios Wealth Advisors (registered 2023-08-09)
      Aug 15, 2023 · Advisor changed firm · fact
    • Nicholas Thomas Stafford left Emerson Equity Llc for Arkadios Wealth Advisors (registered 2023-07-27)
      Jul 21, 2023 · Advisor changed firm · fact
    • Emerson Equity Llc reported 72 state-registered advisory representatives, up from 25 (2023-01-30 to 2023-03-29)
      Mar 29, 2023 · Advisor headcount change · derived
    • Patty Franklin left Emerson Equity Llc for Strategic Pe Advisors Llc (registered 2016-07-11)
      Jan 12, 2023 · Advisor changed firm · fact
    • Andrew Jerome Kraffert-Gora left Emerson Equity Llc for Bangerter Financial Services, Inc. (registered 2022-12-01)
      Sep 14, 2022 · Advisor changed firm · fact
    • Sudhir Gurudatt Pai left Emerson Equity Llc for Mytimeequity (registered 2022-01-04)
      Apr 4, 2022 · Advisor changed firm · fact
    • David Sean Gillimore left Emerson Equity Llc for Liberty Wealth Management, Llc (registered 2022-03-18)
      Mar 9, 2022 · Advisor changed firm · fact
    • Emerson Equity Llc reported RAUM $231.5M, up 103% from $114.1M (2022-01-05 to 2022-01-21)
      Jan 21, 2022 · RAUM change · derived
    • Theo Zachary Halbardier left Emerson Equity Llc for The Financial Sciences Company, Llc (registered 2026-06-12)
      Jan 14, 2022 · Advisor changed firm · fact
    • Emerson Equity Llc filed its initial SEC registration (Form ADV)
      Mar 17, 2021 · First SEC registration · fact
    • Emerson Equity Llc reported 16 state-registered advisory representatives, up from 0 (2012-04-26 to 2021-03-17)
      Mar 17, 2021 · Advisor headcount change · derived
    • Timothy Evan Sullivan (Direct Owner In Oceanic Partners, Inc.) appeared on Schedule A of Emerson Equity Llc
      Mar 17, 2021 · Control person joined · fact
    • Jaclyn Deanne Strife (Direct Owner In Oceanic Partners, Inc.) appeared on Schedule A of Emerson Equity Llc
      Mar 17, 2021 · Control person joined · fact
    Across DFX
    shared identifiers only, never a name match
    How to reach
    public business contact points only, each with its source
    Website
    EMERSONEQUITY.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    650-312-0200reportedpublic record, Form ADV, Sep 10, 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
    Broker-dealer affiliated wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $3.9Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026
    Across the graphs

    Emerson Equity LLC is the same institution as 1 record in Real Estate Funds.

    Real Estate Funds1

    Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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