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

Modern Capital Advisors, LLC

Independent wealth managerRaleigh, North CarolinaCRD 131117SEC 801-72611websiteIAPD
Latest filing Apr 2, 2026
First filing on the tape Jan 3, 2012 · 57 filings
SEC status approved since Jul 26, 2011
RAUM
$255M
reported, Item 5.F
Discretionary
5.9%
of RAUM
Private clients
100%
$255M individuals and HNW
Advisors
18
registered through the firm on IAPD
RAUM per advisor
$14.2M
derived; firm RAUM over IAPD count
Employees
19
18 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
57 filings and snapshots on the tape
RAUM$255M as of Apr 2, 2026
Mar 14, 2013$56.1M then
HNW client RAUM$15.1M as of Apr 2, 2026
Mar 29, 2018$13.5M then
State-registered IARs (5.B.3)18 as of Apr 2, 2026
Mar 14, 201322 then
Employees (5.A)19 as of Apr 2, 2026
Mar 14, 201322 then
Private funds: no history
RAUM n/a over the last fiscal year+14% a year over three
Practice profile
derived from the filing of Apr 2, 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)
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$14.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
68derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$458,839derivedHNW RAUM over HNW clients
Average account
$208,694derivedRAUM over accounts (5.F.2.f)
Discretionary
5.9%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.1derivedItem 5.A over advisors
Advisors per office
3.6derived5 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 fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, 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
  • is a broker-dealer (6.A.1)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • 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$240M94%
  • High-net-worth individuals$15.1M5.9%
Individual clients
1,188reported
HNW clients
33reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1,221reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=18.0derived
Advisors registered through the firm
18 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Dhrumil Anilkumar ParikhRaleigh, NcMay 10, 201615 y1
Yupeng FuCertified Financial Planner, Chartered Financial ConsultantRaleigh, NcOct 4, 201612 y1
John Esrom AndersonChartered Financial ConsultantSenoia, Ga Jan 13, 202237 y6
Ronald Lee NalvenCertified Financial PlannerMelbourne Beach, Fl Jan 14, 202235 y3
John Walter YoashRaleigh, Nc Jan 20, 202231 y7
Daniel James ShanahanRaleigh, Nc Jan 21, 202226 y4
Thomas Lynn McguireHattiesburg, Ms Jan 21, 202225 y2
Matthew Ryan EppichWestlake, Oh Jan 21, 202211 y3
Michael Leonard GormanRaleigh, Nc Jan 21, 202229 y3
Matthew John DrummondRaleigh, Nc Jan 21, 202225 y5
Nicholas Tilden DrewTomball, Tx Jan 21, 202230 y2
Kyle J Van OortRaleigh, Nc Feb 1, 202231 y4
David Harold TurlingtonChapel Hill, Nc Sep 17, 202410 y1
Geoffrey G MclawhornRaleigh, Nc Sep 17, 202415 y2
Adam David SeidmanRaleigh, Nc Sep 17, 202416 y1
Thomas Anthony SmithRaleigh, Nc Feb 6, 202535 y2
Ronie (None) DroriCertified Financial PlannerRocklin, Ca Feb 13, 202529 y1
Matthew Allen HolmanSan Diego, Ca Nov 3, 202529 y2
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 headcount11 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Christopher Carrigan · Ceocontrol
    since 06/2023 · owns 25% to 50%
  • Brook Ashley Chambers · Chief Marketing Officercontrol
    since 06/2023 · owns 25% to 50%
  • Joseph John Landsiedel · Ccocontrol
    since 03/2023 · owns less than 5%
  • Taleen Cassandra Woodward · Coocontrol
    since 09/2004 · owns 25% to 50%
  • James Daniel Shanahan · President
    since 12/2022 · owns less than 5%
Entity owners
  • Topsail Acquisitions Holdings, LLC · Holding Company
    direct · owns 25% to 50%
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Raleigh, Nc · principal1810
Mechanicsville, Va000
Visalia, Ca000
Bay Harbor Islands, Fl000
San Juan, Pr000
Offices
Schedule D 1.F, the 25 largest
  • West Palm Beach, FL3 employees
  • Westlake, OH2 employees
  • Houston, TX1 employees
  • Tucson, AZ1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • unusual affiliate densityStatic outlier · filing Apr 2, 2026
    distinct affiliate types checked on Item 7.A of 5.0 against a peer median of 2.0 (324 comparable advisers, 100.0th percentile, 4.0 robust deviations)
    peers: independent wealth managers, $100M to $500M (324) · 100% percentile
What changed
consecutive filings, newest first
  • Accounts · 1,561 to 1,221
    Mar 29, 2024 to Apr 2, 2026
  • Advisory employees · 24 to 18
    Mar 29, 2024 to Apr 2, 2026
  • BD registered reps · 24 to 18
    Mar 29, 2024 to Apr 2, 2026
  • Individual clients · 1,528 to 1,188
    Mar 29, 2024 to Apr 2, 2026
  • Employees · 30 to 19
    Mar 29, 2024 to Apr 2, 2026
  • Financial planning clients · 51-100 to 51-100
    Mar 29, 2024 to Apr 2, 2026
  • State-registered IARs · 24 to 18
    Mar 29, 2024 to Apr 2, 2026
  • Discretionary RAUM · $274M to $15.1M
    Mar 29, 2024 to Apr 2, 2026
  • HNW RAUM · $68.5M to $15.1M
    Mar 29, 2024 to Apr 2, 2026
  • Individual RAUM · $217M to $240M
    Mar 29, 2024 to Apr 2, 2026
  • Non-discretionary RAUM · $11.7M to $240M
    Mar 29, 2024 to Apr 2, 2026
  • RAUM · $285M to $255M
    Mar 29, 2024 to Apr 2, 2026
  • Accounts · 1,281 to 1,561
    Oct 25, 2023 to Mar 29, 2024
  • Advisory employees · 38 to 24
    Oct 25, 2023 to Mar 29, 2024
  • BD registered reps · 35 to 24
    Oct 25, 2023 to Mar 29, 2024
  • HNW clients · 28 to 33
    Oct 25, 2023 to Mar 29, 2024
  • Individual clients · 1,253 to 1,528
    Oct 25, 2023 to Mar 29, 2024
  • Employees · 42 to 30
    Oct 25, 2023 to Mar 29, 2024
  • State-registered IARs · 38 to 24
    Oct 25, 2023 to Mar 29, 2024
  • Other offices · 9 to 4
    Oct 25, 2023 to Mar 29, 2024
  • Discretionary RAUM · $164M to $274M
    Oct 25, 2023 to Mar 29, 2024
  • HNW RAUM · $47.9M to $68.5M
    Oct 25, 2023 to Mar 29, 2024
  • Individual RAUM · $124M to $217M
    Oct 25, 2023 to Mar 29, 2024
  • Non-discretionary RAUM · $7.3M to $11.7M
    Oct 25, 2023 to Mar 29, 2024
  • RAUM · $172M to $285M
    Oct 25, 2023 to Mar 29, 2024
  • Accounts · 1,129 to 1,281
    Mar 20, 2023 to Apr 10, 2023
  • HNW clients · 12 to 28
    Mar 20, 2023 to Apr 10, 2023
  • Individual clients · 1,226 to 1,253
    Mar 20, 2023 to Apr 10, 2023
  • Employees · 41 to 42
    Mar 20, 2023 to Apr 10, 2023
  • Other offices · 12 to 9
    Mar 20, 2023 to Apr 10, 2023
  • Discretionary RAUM · $139M to $164M
    Mar 20, 2023 to Apr 10, 2023
  • HNW RAUM · $17.5M to $47.9M
    Mar 20, 2023 to Apr 10, 2023
  • Individual RAUM · $125M to $124M
    Mar 20, 2023 to Apr 10, 2023
  • Non-discretionary RAUM · $3.2M to $7.3M
    Mar 20, 2023 to Apr 10, 2023
  • RAUM · $142M to $172M
    Mar 20, 2023 to Apr 10, 2023
  • HQ city · MT PLEASANT to RALEIGH
    Aug 19, 2022 to Dec 10, 2022
  • HQ state · SC to NC
    Aug 19, 2022 to Dec 10, 2022
  • Accounts · 1,238 to 1,129
    Mar 21, 2022 to Mar 31, 2022
  • Financial planning clients · 26-50 to 51-100
    Mar 21, 2022 to Mar 31, 2022
  • Non-discretionary RAUM · $1.7M to $3.2M
    Jul 27, 2021 to Jan 5, 2022
Signals
32 dated events
  • Jose Antonio Quinones Porrata left Modern Capital Advisors, Llc for Calton & Associates, Inc. (registered 2025-08-28)
    Aug 27, 2025 · Advisor changed firm · fact
  • Ryan Knebel left Modern Capital Advisors, Llc for Efficient Advisors (registered 2025-01-21)
    Jan 8, 2025 · Advisor changed firm · fact
  • Bradley Dale Atkins left Modern Capital Advisors, Llc for Modern Capital Management, Co. (registered 2022-01-25)
    Dec 31, 2024 · Advisor changed firm · fact
  • 3 advisors left MML Investors Services, LLC (New Bern, NC) for Modern Capital Advisors, LLC on the same day
    Aug 9, 2024 · Team lift-out · derived
  • Modern Capital Advisors, Llc reported 4 offices beyond its principal office, down from 9 (2023-10-25 to 2024-03-29)
    Mar 29, 2024 · Office count change · derived
  • Modern Capital Advisors, Llc reported 24 state-registered advisory representatives, down from 38 (2023-10-25 to 2024-03-29)
    Mar 29, 2024 · Advisor headcount change · derived
  • Modern Capital Advisors, Llc reported RAUM $285.4M, up 66% from $171.8M (2023-10-25 to 2024-03-29)
    Mar 29, 2024 · RAUM change · derived
  • Taleen Cassandra Woodward (Coo) appeared on Schedule A of Modern Capital Advisors, Llc
    Mar 29, 2024 · Control person joined · fact
  • Christopher Carrigan (Ceo) appeared on Schedule A of Modern Capital Advisors, Llc
    Mar 29, 2024 · Control person joined · fact
  • Brook Ashley Chambers (Chief Marketing Officer) appeared on Schedule A of Modern Capital Advisors, Llc
    Mar 29, 2024 · Control person joined · fact
  • Dale Bradley Atkins (Owner) no longer on Schedule A of Modern Capital Advisors, Llc (listed 2023-10-25, absent 2024-03-29)
    Mar 29, 2024 · Control person left · inference
  • Bryan Alan Duckett left Modern Capital Advisors, Llc for Duckett Wealth Management (registered 2022-12-19)
    Mar 21, 2024 · Advisor changed firm · fact
  • Benjamin Michael Reynoso left Modern Capital Advisors, Llc for Fcg Wealth Management Llc (registered 2022-08-16)
    Mar 21, 2024 · Advisor changed firm · fact
  • Peter Anthony Montalbano left Modern Capital Advisors, Llc for Modern Capital Management, Co. (registered 2022-01-12)
    Dec 5, 2023 · Advisor changed firm · fact
  • Kristof Wild left Modern Capital Advisors, Llc for Modern Capital Management, Co. (registered 2022-01-25)
    Dec 5, 2023 · Advisor changed firm · fact
  • Michael Scott Lowenberg left Modern Capital Advisors, Llc for Modern Capital Management, Co. (registered 2022-01-13)
    Dec 5, 2023 · Advisor changed firm · fact
  • Mark Axmacher left Modern Capital Advisors, Llc for Modern Capital Management, Co. (registered 2026-01-01)
    Dec 4, 2023 · Advisor changed firm · fact
  • 3 advisors left Modern Capital Advisors, LLC (Raleigh, NC) for Modern Capital Management, CO. a day apart
    Dec 4, 2023 · Team lift-out · derived
  • Michael A Greer left Modern Capital Advisors, Llc for Rise Wealth Partners Llc (registered 2023-10-12)
    Oct 12, 2023 · Advisor changed firm · fact
  • Ryan James Millman left Modern Capital Advisors, Llc for Modern Capital Management, Co. (registered 2023-11-07)
    Sep 21, 2023 · Advisor changed firm · fact
  • Roman Inochovsky left Modern Capital Advisors, Llc for Hornor, Townsend & Kent, Llc (registered 2023-05-03)
    May 22, 2023 · Advisor changed firm · fact
  • John Landsiedel (Cco) appeared on Schedule A of Modern Capital Advisors, Llc
    Apr 10, 2023 · Control person joined · fact
  • Thomas G. Gervase left Modern Capital Advisors, Llc for Pruco Securities, Llc (registered 2022-10-24)
    Oct 17, 2022 · Advisor changed firm · fact
  • Daniel Maurino left Modern Capital Advisors, Llc for Modern Capital Management, Co. (registered 2021-09-02)
    Oct 7, 2022 · Advisor changed firm · fact
  • Zachary Daniel Stewart left Modern Capital Advisors, Llc for Parsonex Advisory Services, Inc. (registered 2026-03-04)
    Jul 20, 2022 · Advisor changed firm · fact
  • Voyce Lee Thomas left Modern Capital Advisors, Llc for Cambridge Investment Research Advisors, Inc. (registered 2022-06-23)
    Jun 22, 2022 · Advisor changed firm · fact
  • Michelle Lee Lawson left Modern Capital Advisors, Llc for Raymond James & Associates, Inc. (registered 2024-10-14)
    Mar 28, 2022 · Advisor changed firm · fact
  • Benjamin J Buehler left Modern Capital Advisors, Llc for Ascensus Investment Advisors, Llc (registered 2022-03-01)
    Jan 25, 2022 · Advisor changed firm · fact
  • Thomas John Pineman (Cco) no longer on Schedule A of Modern Capital Advisors, Llc (listed 2021-02-09, absent 2021-03-02)
    Mar 2, 2021 · Control person left · inference
  • Thomas John Pineman (Cco) appeared on Schedule A of Modern Capital Advisors, Llc
    Jul 15, 2020 · Control person joined · fact
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
843-892-0242reportedpublished by the firm, firm site, Sep 16, 2026
Website
moderncap.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
800-440-0442reportedpublic record, Form ADV, Apr 2, 2026
Contact form
moderncap.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
$14.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026