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

Mcdermott Investment Advisors, LLC

Independent wealth managerNaples, FloridaCRD 132221SEC 801-79404websiteIAPD
Latest filing Mar 24, 2026
First filing on the tape Nov 22, 2011 · 46 filings
SEC status approved since Apr 4, 2014
RAUM
$203M
reported, Item 5.F
Discretionary
83%
of RAUM
Private clients
100%
$203M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$25.4M
derived; firm RAUM over IAPD count
Employees
10
10 advisory (5.B.1)
Offices
7
beyond the principal office
Private funds
0
reported on Schedule D
History
46 filings and snapshots on the tape
RAUM$203M as of Mar 24, 2026
Feb 23, 2012$50.8M then
HNW client RAUM$164M as of Mar 24, 2026
Feb 22, 2018$128M then
State-registered IARs (5.B.3)10 as of Mar 24, 2026
Feb 23, 20120 then
Employees (5.A)10 as of Mar 24, 2026
Feb 10, 201511 then
Private funds: no history
RAUM -3.7% over the last fiscal year-3.0% a year over threeIARs 10 to 10offices 4 to 7
Practice profile
derived from the filing of Mar 24, 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
RAUM per advisor
$25.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
77derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$340,960derivedHNW RAUM over HNW clients
Average account
$328,414derivedRAUM over accounts (5.F.2.f)
Discretionary
83%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
1.0derived8 offices incl. principal (1.F.5)
RAUM growth, one year
-3.7%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-13%derived
Compensation
percentage of assets, hourly, commissions, 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
  • 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$164M81%
  • Individuals$39.6M19%
Individual clients
138reported
HNW clients
480reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
619reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourly, commissionsreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=5.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Dean Patrick McdermottNaples, Fl Sep 24, 200438 y0
John Philip CitoBethlehem, Pa Aug 8, 200628 y1
Kathleen Kovacs McdermottBethlehem, Pa Apr 9, 201021 y0
Andrew Francis AignerBethlehem, PaApr 30, 201230 y2
Robert Alan HorningLos Angeles, Ca Sep 20, 201733 y1
Mark Richard BaranErwinna, Pa Sep 2, 202146 y2
David McdermottNaples, FlJul 24, 202318 y0
Anthony Robert CorrentiPlaya Del Rey, CaJul 22, 202513 y3
Advisor movement
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 25% of current headcount3 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Patrick Dean Mcdermott · Managing Member/Chief Compliance Officercontrol
      since 05/2004 · owns 75% or more
    • Kovacs Kathleen Mcdermott · Managing Director
      since 03/2005 · owns less than 5%
    Related persons
    Schedule D 7.A
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Naples, Fl · principal501
    Bethlehem, Pa401
    Offices
    Schedule D 1.F, the 25 largest
    • Bethlehem, PA4 employees
    • , 2 employees
    • Fort Myers, FL1 employees
    • Hackensack, NJ1 employees
    • Los Angeles, CA1 employees
    • , 1 employees
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • office count surgeChange between filings · filing Mar 24, 2026
      offices other than the principal office (Item 1.F.5) moved from 4.0 to 7.0 (+75.0%) between the annual amendments of 2025-03-28 and 2026-03-24; the peer median change was 0.0% (450 comparable advisers, 98.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (450) · 98% percentile
    How anomalies are measured
    What changed
    consecutive filings, newest first
    • HNW RAUM · $166M to $164M
      Nov 18, 2025 to Mar 24, 2026
    • Individual RAUM · $45.2M to $39.6M
      Nov 18, 2025 to Mar 24, 2026
    • Non-discretionary RAUM · $38.9M to $33.7M
      Nov 18, 2025 to Mar 24, 2026
    • RAUM · $211M to $203M
      Nov 18, 2025 to Mar 24, 2026
    • Accounts · 709 to 619
      Nov 18, 2025 to Mar 24, 2026
    • BD registered reps · 4 to 5
      Nov 18, 2025 to Mar 24, 2026
    • HNW clients · 561 to 480
      Nov 18, 2025 to Mar 24, 2026
    • Individual clients · 148 to 138
      Nov 18, 2025 to Mar 24, 2026
    • Other offices · 5 to 7
      Nov 18, 2025 to Mar 24, 2026
    • Discretionary RAUM · $172M to $170M
      Nov 18, 2025 to Mar 24, 2026
    • Financial planning clients · 0 to 0
      Mar 28, 2025 to Nov 18, 2025
    • Other offices · 4 to 5
      Mar 28, 2025 to Nov 18, 2025
    • Individual clients · 153 to 148
      Jul 25, 2024 to Mar 28, 2025
    • Accounts · 701 to 709
      Jul 25, 2024 to Mar 28, 2025
    • Advisory employees · 13 to 10
      Jul 25, 2024 to Mar 28, 2025
    • BD registered reps · 6 to 4
      Jul 25, 2024 to Mar 28, 2025
    • HNW clients · 548 to 561
      Jul 25, 2024 to Mar 28, 2025
    • Employees · 13 to 10
      Jul 25, 2024 to Mar 28, 2025
    • State-registered IARs · 13 to 10
      Jul 25, 2024 to Mar 28, 2025
    • Other offices · 6 to 4
      Jul 25, 2024 to Mar 28, 2025
    • Discretionary RAUM · $188M to $172M
      Jul 25, 2024 to Mar 28, 2025
    • HNW RAUM · $178M to $166M
      Jul 25, 2024 to Mar 28, 2025
    • Individual RAUM · $50.1M to $45.2M
      Jul 25, 2024 to Mar 28, 2025
    • Non-discretionary RAUM · $39.2M to $38.9M
      Jul 25, 2024 to Mar 28, 2025
    • RAUM · $228M to $211M
      Jul 25, 2024 to Mar 28, 2025
    • Accounts · 675 to 701
      Dec 5, 2023 to Feb 2, 2024
    • Advisory employees · 16 to 13
      Dec 5, 2023 to Feb 2, 2024
    • BD registered reps · 8 to 6
      Dec 5, 2023 to Feb 2, 2024
    • HNW clients · 283 to 548
      Dec 5, 2023 to Feb 2, 2024
    • Individual clients · 146 to 153
      Dec 5, 2023 to Feb 2, 2024
    • Employees · 16 to 13
      Dec 5, 2023 to Feb 2, 2024
    • State-registered IARs · 14 to 13
      Dec 5, 2023 to Feb 2, 2024
    • Discretionary RAUM · $192M to $188M
      Dec 5, 2023 to Feb 2, 2024
    • HNW RAUM · $163M to $178M
      Dec 5, 2023 to Feb 2, 2024
    • Individual RAUM · $59.7M to $50.1M
      Dec 5, 2023 to Feb 2, 2024
    • Non-discretionary RAUM · $31.2M to $39.2M
      Dec 5, 2023 to Feb 2, 2024
    • RAUM · $223M to $228M
      Dec 5, 2023 to Feb 2, 2024
    • Accounts · 645 to 675
      Nov 29, 2022 to Mar 22, 2023
    • Advisory employees · 14 to 16
      Nov 29, 2022 to Mar 22, 2023
    • BD registered reps · 10 to 8
      Nov 29, 2022 to Mar 22, 2023
    Signals
    5 dated events
    • Robert Bosch left Mcdermott Investment Advisors, Llc for Wells Fargo Advisors (registered 2026-07-10)
      Jun 15, 2026 · Advisor changed firm · fact
    • Daniel Edward Nemeth left Mcdermott Investment Advisors, Llc for Oaktree Advisors Llc (registered 2025-12-19)
      Dec 15, 2025 · Advisor changed firm · fact
    • George Paul Kurtz left Mcdermott Investment Advisors, Llc for Oaktree Advisors Llc (registered 2024-07-01)
      Jul 1, 2024 · Advisor changed firm · fact
    • Donovan Louis Stuard left Mcdermott Investment Advisors, Llc for Lpl Financial Llc (registered 2022-07-12)
      Jun 9, 2022 · Advisor changed firm · fact
    • Mcdermott Investment Advisors, Llc filed its initial SEC registration (Form ADV)
      Mar 14, 2014 · First SEC registration · 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
    Website
    MCDERMOTTADVISORS.COMreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    (610) 882-1460reportedpublic record, Form ADV, Mar 24, 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
    $25.4Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026