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
Cs Advisors Inc.
Latest filing Feb 13, 2026
First filing on the tape Mar 26, 2012 · 4 filings
SEC status approved since Jan 23, 2026
RAUM
$118M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$113M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$39.3M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
4 filings and snapshots on the tape
RAUM$118M as of Feb 13, 2026
Mar 26, 2012$45.0M then
HNW client RAUM$20.9M as of Feb 13, 2026
Dec 24, 2025$19.3M then
State-registered IARs (5.B.3)3 as of Feb 13, 2026
Dec 24, 20253 then
Employees (5.A)3 as of Feb 13, 2026
Dec 24, 20253 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Feb 13, 2026; every figure names its basis
Archetypes, each a printed rule
- 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
- Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $39.3MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 32derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $337,638derivedHNW RAUM over HNW clients
- Average account
- $366,596derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 3.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- unknownderivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- 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
- 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)
- 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
- Individuals$92.3M78%
- High-net-worth individuals$20.9M18%
- Charitable organizations$4.6M3.9%
- Corporations and businesses$146,8900.1%
- Individual clients
- 35reported
- HNW clients
- 62reported
- Pension plan clients
- 0reported
- Charitable clients
- 2reported
- Accounts
- 322reported
- Financial planning clients
- 11-25reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.96 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Steven Lawrence Sherman | Boca Raton, Fl | Sep 6, 2002 | 25 y | 0 |
| Pau Delgado Rodriguez | Boca Raton, Fl | Mar 18, 2020 | 13 y | 0 |
| Christopher Eldren Pierce NalleyCertified Financial Planner | Boca Raton, Fl | Jun 8, 2020 | 21 y | 2 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Alfred Eugene Townsend to Regal Investment Advisors LLCSep 24, 2019 · Other
- Alfred Eugene Townsend to Regal Investment Advisors LLCSep 24, 2019 · Other
Joined, latest
- Christopher Eldren Pierce Nalley from Private Advisor Group, LLCJun 8, 2020 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Regal Investment Advisors LLCSep 24, 2019 · Boca Raton, Fl
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Lawrence Steven Sherman · Presidentcontrolsince 08/2002 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Boca Raton, Fl · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- custody status changedChange between filings · filing Feb 13, 2026custody of client assets (Item 9.A): yes on the filing of 2025-12-24, no on the filing of 2026-02-13peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
- Accounts · 100 to 322Dec 24, 2025 to Feb 13, 2026
- Individual clients · 34 to 35Dec 24, 2025 to Feb 13, 2026
- Pension plan clients · unset to 0.0Dec 24, 2025 to Feb 13, 2026
- Assets in custody · 1769000.0 to unsetDec 24, 2025 to Feb 13, 2026
- Custody of client assets · true to falseDec 24, 2025 to Feb 13, 2026
- Discretionary RAUM · $117M to $118MDec 24, 2025 to Feb 13, 2026
- HNW RAUM · $19.3M to $20.9MDec 24, 2025 to Feb 13, 2026
- Individual RAUM · $93.0M to $92.3MDec 24, 2025 to Feb 13, 2026
- Pension RAUM · unset to 0.0Dec 24, 2025 to Feb 13, 2026
- Pooled vehicle RAUM · unset to 0.0Dec 24, 2025 to Feb 13, 2026
- RAUM · $117M to $118MDec 24, 2025 to Feb 13, 2026
- Accounts · 200 to 100Apr 27, 2012 to Dec 24, 2025
- Advisory employees · unset to 3.0Apr 27, 2012 to Dec 24, 2025
- Advisory activities · 6 to 5Apr 27, 2012 to Dec 24, 2025
- Charity clients · unset to 2.0Apr 27, 2012 to Dec 24, 2025
- Corporate clients · unset to 2.0Apr 27, 2012 to Dec 24, 2025
- HNW clients · unset to 62.0Apr 27, 2012 to Dec 24, 2025
- Individual clients · unset to 34.0Apr 27, 2012 to Dec 24, 2025
- Pooled vehicle clients · unset to 0.0Apr 27, 2012 to Dec 24, 2025
- Assets in custody · unset to 1769000.0Apr 27, 2012 to Dec 24, 2025
- Custody of client assets · false to trueApr 27, 2012 to Dec 24, 2025
- Employees · unset to 3.0Apr 27, 2012 to Dec 24, 2025
- Financial planning clients · 1-10 to 11-25Apr 27, 2012 to Dec 24, 2025
- State-registered IARs · unset to 3.0Apr 27, 2012 to Dec 24, 2025
- Other offices · unset to 0.0Apr 27, 2012 to Dec 24, 2025
- Discretionary RAUM · $45.0M to $117MApr 27, 2012 to Dec 24, 2025
- HNW RAUM · unset to 19309941.0Apr 27, 2012 to Dec 24, 2025
- Individual RAUM · unset to 93012365.0Apr 27, 2012 to Dec 24, 2025
- RAUM · $45.0M to $117MApr 27, 2012 to Dec 24, 2025
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 email
- info@csadvisorsinc.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 561-241-9301reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- CSADVISORSINC.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 561-241-9301reportedpublic record, Form ADV, Feb 13, 2026
- Contact form
- csadvisorsinc.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
- Team page
- csadvisorsinc.com/teamreportedpublished 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
- $39.3Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026