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
Mcf Advisors, LLC
Latest filing Aug 24, 2026
First filing on the tape Nov 15, 2011 · 54 filings
SEC status approved since Feb 6, 2004
RAUM
$4.7B
reported, Item 5.F
Discretionary
74%
of RAUM
Private clients
55%
$2.6B individuals and HNW
Advisors
33
registered through the firm on IAPD
RAUM per advisor
$142M
derived; firm RAUM over IAPD count
Employees
55
30 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
1
reported on Schedule D
History
54 filings and snapshots on the tape
RAUM$4.7B as of Aug 24, 2026
Mar 14, 2012$615M then
HNW client RAUM$2.2B as of Aug 24, 2026
Mar 28, 2018$465M then
State-registered IARs (5.B.3)30 as of Aug 24, 2026
Feb 22, 20130 then
Employees (5.A)55 as of Aug 24, 2026
Feb 22, 201312 then
Private funds1 as of Aug 24, 2026
Jan 26, 20151 then
RAUM +41% over the last fiscal year+26% a year over threeIARs 18 to 30
Practice profile
derived from the filing of Aug 24, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
- 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
- RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
- RAUM per advisor
- $142MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 104derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.4MderivedHNW RAUM over HNW clients
- Average account
- $621,291derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 74%derivedof RAUM
- Institutional
- 42%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.7derivedItem 5.A over advisors
- Advisors per office
- 6.6derived5 offices incl. principal (1.F.5)
- RAUM growth, one year
- +41%derivedbetween the last two annual amendments
- Advisor growth, one year
- +67%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +25%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
- Financial planning clients
- 1,500reportedItem 5.H
- Custody
- $1.3B, 1,012 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Firms absorbed, 24 months
- 1derivedhalf or more of a firm's advisors moved here within 14 days
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
- marketing includes testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$2.2B47%
- Pension and profit-sharing plans$1.9B40%
- Individuals$394M8.4%
- Corporations and businesses$129M2.7%
- Charitable organizations$115M2.4%
- Banks and thrifts$16.1M0.3%
- Individual clients
- 2,792reported
- HNW clients
- 648reported
- Pension plan clients
- 69reported
- Charitable clients
- 21reported
- Accounts
- 7,540reported
- Financial planning clients
- 1,500reported
- Wrap fee programs
- noreported
- Custody of client assets
- $1.3B for 1,012 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.55 fund_share=0.0 institutional_share=0.42 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
33 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Jeffrey Lewis JenningsCertified Financial Planner | Lexington, Ky | Jan 5, 2017 | 16 y | 2 |
| Robert Bruce SatheChartered Financial Consultant | Lexington, Ky | Jan 5, 2017 | 43 y | 2 |
| Hunter Brown Nighbert | Lexington, Ky | Jan 5, 2017 | 16 y | 2 |
| Kristopher J KellinghausCertified Financial Planner, Chartered Financial Analyst | Lexington, Ky | Jan 5, 2017 | 18 y | 2 |
| Andrew D SatheCertified Financial Planner | Lexington, Ky | Jan 5, 2017 | 16 y | 2 |
| David Lee Harris | Lexington, Ky | Jan 5, 2017 | 42 y | 3 |
| Christopher Thomas Cochran | Lexington, Ky | Jan 5, 2017 | 24 y | 3 |
| Thomas R Hayden | Lexington, Ky | Jan 5, 2017 | 20 y | 3 |
| James Scott DowningCertified Financial Planner | Lexington, Ky | Jan 5, 2017 | 19 y | 2 |
| Timothy Andrew GavinCertified Financial Planner | Louisville, Ky | Jan 5, 2017 | 14 y | 1 |
| Brittany Browning ManningCertified Financial Planner | Lexington, Ky | Jan 10, 2017 | 14 y | 1 |
| Peter Dewyckoff BryansCertified Financial Planner, Chartered Financial Analyst | Lexington, Ky | Jan 18, 2017 | 10 y | 1 |
| Stephen Alan WrightCertified Financial Planner | Lexington, Ky | Feb 10, 2017 | 26 y | 3 |
| Nicholas Charles Newell | Lexington, Ky | Apr 4, 2017 | 11 y | 0 |
| Sean T LamannaCertified Financial Planner | Lexington, Ky | Dec 16, 2020 | 11 y | 0 |
| Matthew Lawrence RoseCertified Financial Planner | Lexington, Ky | Nov 4, 2021 | 10 y | 2 |
| Harrison Dean | Lexington, Ky | Nov 3, 2022 | 14 y | 0 |
| Matthew Kerry Poulos | Lexington, Ky | Feb 15, 2023 | 20 y | 1 |
| Brittany Elizabeth Hiett | Fort Worth, Tx | Nov 8, 2025 | 12 y | 0 |
| Steven Joseph GiacobbeCertified Financial Planner, Chartered Financial Analyst | Louisville, Ky | Jan 1, 2026 | 30 y | 1 |
| Bradley Clay FisherCertified Financial Planner | Louisville, Ky | Jan 1, 2026 | 24 y | 6 |
| William Shawn Clark | Lexington, Ky | Jan 1, 2026 | 12 y | 1 |
| George T Barker | Lexington, Ky | Feb 12, 2026 | 15 y | 0 |
| Kristen Kirkwood | Covington, Ky | Feb 26, 2026 | 12 y | 1 |
| Todd Allan SteinbrinkCertified Financial Planner | Lexington, Ky | Mar 24, 2026 | 20 y | 0 |
| Noah L. SayreCertified Financial Planner | Lexington, Ky | Apr 23, 2026 | 10 y | 0 |
| Patrick Shawn ScarboroughCertified Financial Planner, Chartered Financial Analyst | Lexington, Ky | Apr 23, 2026 | 24 y | 4 |
| Timothy Joseph DoughertyCertified Financial Planner | Lexington, Ky | Apr 26, 2026 | 12 y | 2 |
| Gerald Edward YoxCertified Financial Planner | Cincinnati, Oh | Apr 26, 2026 | 32 y | 2 |
| Todd Daniel LyonCertified Financial Planner | Lexington, Ky | Apr 26, 2026 | 22 y | 0 |
| William J BackscheiderCertified Financial Planner | Lexington, Ky | Apr 29, 2026 | 10 y | 1 |
| Glenn David BujnochCertified Financial Planner | Lexington, Ky | Apr 29, 2026 | 15 y | 4 |
| Ronald Christopher RidingsCertified Financial Planner | Covington, Ky | Jun 4, 2026 | 15 y | 2 |
Advisor movement
0 left, 10 joined in 12 months
net +10 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
Left, latest
- Alexander Scott James Snyder to Choreo, LLCMay 17, 2024 · RIA to RIA
- Emily Nelson to Sanctuary Advisors, LLCNov 10, 2023 · RIA to affiliated broker-dealer or bank
- Zachary Alden Hammond to Charles Schwab & Co., Inc.Apr 16, 2018 · RIA to affiliated broker-dealer or bank
- James Edward Adams to Ernst & Young Investment Advisers LlpAug 31, 2017 · Other
- Wesley Davis Botto to Commonwealth Financial NetworkFeb 16, 2017 · Other
- Andrew Roy Stout to Simply Money AdvisorsFeb 15, 2013 · Other
Joined, latest
- Ronald Christopher Ridings from Northwestern Mutual Investment Services,LLCJun 4, 2026 · Other
- Glenn David Bujnoch from LPL Financial LLCApr 29, 2026 · Affiliated broker-dealer or bank to independent RIA
- William J Backscheider from LPL Financial LLCApr 29, 2026 · Affiliated broker-dealer or bank to independent RIA
- Timothy Joseph Dougherty from Fidelity Personal And Workplace AdvisorsApr 26, 2026 · Affiliated broker-dealer or bank to independent RIA
- Gerald Edward Yox from Advice And Planning ServicesApr 26, 2026 · Other
- Patrick Shawn Scarborough from Securities America Advisors, Inc.Apr 23, 2026 · Other
- Kristen Kirkwood from Touchstone Advisors IncFeb 26, 2026 · Other
- Bradley Clay Fisher from Accredited Wealth Management LLCJan 1, 2026 · RIA to RIA
- William Shawn Clark from Accredited Wealth Management LLCJan 1, 2026 · RIA to RIA
- Steven Joseph Giacobbe from Accredited Wealth Management LLCJan 1, 2026 · RIA to RIA
- Alexander Scott James Snyder from Johnson Investment Counsel, Inc.Aug 10, 2023 · RIA to RIA
- Matthew Kerry Poulos from Ameriprise Financial Services, LLCFeb 15, 2023 · Affiliated broker-dealer or bank to independent RIA
- Matthew Lawrence Rose from Fwg Investments, LLCNov 4, 2021 · RIA to RIA
- Zachary Alden Hammond from Strategic Advisers LLCJan 4, 2018 · Other
- Stephen Alan Wright from Morgan StanleyFeb 10, 2017 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from LPL Financial LLCMay 12, 2026 · Newport, Ky
- 3 joined from Accredited Wealth Management LLCDec 26, 2025 · Louisville, Ky · Firm absorbed
Private funds
2 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Mcf Liminal Investment LLC | $6.7M | 48 | Aug 24, 2026 | |
| Mcf Diversified Strategy Fund, LPno longer reported | Hedge Fund | $6.7M | 31 | Jul 7, 2014 |
Owners and control persons
Schedule A and B, latest filing
- Scott James Downing · Vp, Sr. Financial Advisorcontrolsince 01/2022 · owns less than 5%
- Andrew Timothy Gavin · Chief Compliance Officercontrolsince 03/2025 · owns less than 5%
- Lee David Harris · Chief Executive Officercontrolsince 03/2025 · owns less than 5%
- Lewis Jeffrey Jennings · Vp, Sr. Financial Advisorcontrolsince 01/2020 · owns 5% to 10%
- J Kristopher Kellinghaus · Chief Investment Officercontrolsince 03/2025 · owns less than 5%
- Browning Brittany Manning · Chief Operating Officercontrolsince 03/2025 · owns less than 5%
- D Andrew Sathe · Vp, Sr. Financial Advisorcontrolsince 01/2017 · owns 5% to 10%
- Bruce Robert Sathe · Chairmancontrolsince 03/2025 · owns less than 5%
- Alan Stephen Wright · Vp, Sr. Financial Advisorcontrolsince 01/2019 · owns less than 5%
- Dewyckoff Peter Bryans · Sr. Investment Analystsince 07/2024 · owns less than 5%
- T Sean Lamanna · Financial Advisorsince 07/2024 · owns less than 5%
- Martha H Murray · Manager Of Wealth Management Servicessince 07/2024 · owns less than 5%
- Brown Hunter Nighbert · Financial Advisorsince 07/2024 · owns less than 5%
Entity owners
- Mcf Financial Holdings, LLC · Ownerdirect · owns 75% or more
Related persons
Schedule D 7.A
- Roebling Capital Partners, LLCpooled vehicle sponsorn
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Lexington, Ky · principal | 33 | 15 | 0 | ||
| Cincinnati, Oh | 7 | 6 | 0 | ||
| Louisville, Ky | 4 | 3 | 0 | ||
| Covington, Ky | 3 | 2 | 0 | ||
| Newport, Ky | 2 | 2 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Lexington, KY7 employees
- Louisville, KY1 employees
- Lexington, KY
ADV anomalies
7 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Aug 24, 2026DOWNING, JAMES, SCOTT (VP, SR. FINANCIAL ADVISOR) left Schedule A between the filings of 2024-07-23 and 2026-08-24peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Aug 24, 2026WRIGHT, STEPHEN, ALAN (VP, SR. FINANCIAL ADVISOR) left Schedule A between the filings of 2024-07-23 and 2026-08-24peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Aug 24, 2026JENNINGS, JEFFREY, LEWIS (VP, SR. FINANCIAL ADVISOR) left Schedule A between the filings of 2024-07-23 and 2026-08-24peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Aug 24, 2026SATHE, ANDREW, D (VP, SR. FINANCIAL ADVISOR) left Schedule A between the filings of 2024-07-23 and 2026-08-24peers: independent wealth managers, $1B to $5B (1,360)
- new owner headcount expandsCombination · filing Mar 27, 2026MCF FINANCIAL HOLDINGS, LLC joined Schedule A on the filing of 2026-08-24; advisors 18.0 to 30.0 between the annual amendments of 2025-03-31 and 2026-03-27peers: independent wealth managers, $1B to $5B (1,360)
- advisor count surgeChange between filings · filing Mar 27, 2026advisory representatives (Item 5.B.3) moved from 18.0 to 30.0 (+67.0%) between the annual amendments of 2025-03-31 and 2026-03-27; the peer median change was 0.0% (999 comparable advisers, 98.0th percentile of changes)peers: independent wealth managers, $1B to $5B (999) · 98% percentile
- employee count surgeChange between filings · filing Mar 27, 2026employees (Item 5.A) moved from 33.0 to 55.0 (+67.0%) between the annual amendments of 2025-03-31 and 2026-03-27; the peer median change was +4.0% (1050 comparable advisers, 97.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,050) · 97% percentile
What changed
consecutive filings, newest first
- Accounts · 5,193 to 7,540Feb 23, 2026 to Mar 27, 2026
- Advisory employees · 18 to 30Feb 23, 2026 to Mar 27, 2026
- Charity clients · 11 to 21Feb 23, 2026 to Mar 27, 2026
- Corporate clients · 6 to 8Feb 23, 2026 to Mar 27, 2026
- HNW clients · 367 to 648Feb 23, 2026 to Mar 27, 2026
- Individual clients · 2,378 to 2,792Feb 23, 2026 to Mar 27, 2026
- Pension plan clients · 64 to 69Feb 23, 2026 to Mar 27, 2026
- Assets in custody · $905M to $1.3BFeb 23, 2026 to Mar 27, 2026
- Employees · 33 to 55Feb 23, 2026 to Mar 27, 2026
- State-registered IARs · 18 to 30Feb 23, 2026 to Mar 27, 2026
- Other offices · 3 to 4Feb 23, 2026 to Mar 27, 2026
- Discretionary RAUM · $2.3B to $3.5BFeb 23, 2026 to Mar 27, 2026
- HNW RAUM · $1.3B to $2.2BFeb 23, 2026 to Mar 27, 2026
- Individual RAUM · $228M to $394MFeb 23, 2026 to Mar 27, 2026
- Non-discretionary RAUM · $1.0B to $1.2BFeb 23, 2026 to Mar 27, 2026
- Pension RAUM · $1.6B to $1.9BFeb 23, 2026 to Mar 27, 2026
- RAUM · $3.3B to $4.7BFeb 23, 2026 to Mar 27, 2026
- Other offices · 5 to 3Jan 7, 2026 to Feb 23, 2026
- Other offices · 4 to 5Oct 6, 2025 to Jan 7, 2026
- Private funds · unset to 1Mar 31, 2025 to Oct 6, 2025
- Accounts · 4,260 to 5,193Nov 13, 2024 to Mar 31, 2025
- Charity clients · 9 to 11Nov 13, 2024 to Mar 31, 2025
- Corporate clients · 4 to 6Nov 13, 2024 to Mar 31, 2025
- HNW clients · 305 to 367Nov 13, 2024 to Mar 31, 2025
- Individual clients · 1,955 to 2,378Nov 13, 2024 to Mar 31, 2025
- Pension plan clients · 65 to 64Nov 13, 2024 to Mar 31, 2025
- Assets in custody · $796M to $905MNov 13, 2024 to Mar 31, 2025
- Employees · 34 to 33Nov 13, 2024 to Mar 31, 2025
- Financial planning clients · More than 500 to More than 500Nov 13, 2024 to Mar 31, 2025
- HQ city · COVINGTON to LEXINGTONNov 13, 2024 to Mar 31, 2025
- Other offices · 3 to 4Nov 13, 2024 to Mar 31, 2025
- Discretionary RAUM · $2.0B to $2.3BNov 13, 2024 to Mar 31, 2025
- HNW RAUM · $1.1B to $1.3BNov 13, 2024 to Mar 31, 2025
- Individual RAUM · $208M to $228MNov 13, 2024 to Mar 31, 2025
- Non-discretionary RAUM · $891M to $1.0BNov 13, 2024 to Mar 31, 2025
- Pension RAUM · $1.4B to $1.6BNov 13, 2024 to Mar 31, 2025
- RAUM · $2.9B to $3.3BNov 13, 2024 to Mar 31, 2025
- Accounts · 4,178 to 4,260Feb 6, 2024 to Mar 28, 2024
- Advisory employees · 21 to 18Feb 6, 2024 to Mar 28, 2024
- Charity clients · 10 to 9Feb 6, 2024 to Mar 28, 2024
Signals
9 dated events
- 2 advisors left LPL Financial LLC (Newport, KY) for Mcf Advisors, LLC on the same dayMay 12, 2026 · Team lift-out · derived
- Mcf Advisors, Llc reported 30 state-registered advisory representatives, up from 18 (2026-02-23 to 2026-03-27)Mar 27, 2026 · Advisor headcount change · derived
- Mcf Advisors, Llc reported RAUM $4.7B, up 41% from $3.3B (2026-02-23 to 2026-03-27)Mar 27, 2026 · RAUM change · derived
- Accredited Wealth Management LLC's advisors moved to Mcf Advisors, LLC (Louisville, KY): 3 of 3 registered, on the same dayDec 26, 2025 · Firm absorbed (people side) · derived
- Alexander Scott James Snyder left Mcf Advisors, Llc for Choreo, Llc (registered 2024-06-10)May 17, 2024 · Advisor changed firm · fact
- Emily Nelson left Mcf Advisors, Llc for Sanctuary Advisors, Llc (registered 2023-11-20)Nov 10, 2023 · Advisor changed firm · fact
- Ann Alyssa Potter (Vp, Director Of Institutional Services) no longer on Schedule A of Mcf Advisors, Llc (listed 2023-03-28, absent 2023-06-02)Jun 2, 2023 · Control person left · inference
- Scott James Downing (Vp, Sr. Financial Advisor) appeared on Schedule A of Mcf Advisors, LlcJul 13, 2022 · Control person joined · fact
- Mcf Advisors, Llc reported RAUM $1.5B, up 52% from $1.0B (2017-07-27 to 2018-03-28)Mar 28, 2018 · RAUM 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.
How to reach
public business contact points only, each with its source
- Business phone
- 502-290-1905reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 513-733-1750reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 859-392-8600reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- linkedin.com/company/mcf-advisorsreportedpublic record, Form ADV, Sep 17, 2026
- Website
- MCFADVISORS.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 859-967-0999reportedpublic record, Form ADV, Aug 24, 2026
- Contact form
- MCFADVISORS.COM/contactreportedpublished by the firm, firm site, Sep 17, 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
- $142Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026