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.

Former SEC-registered adviser

Azimuth Capital Management LLC

Former SEC-registered adviserBloomfield Hills, MichiganCRD 132308SEC 801-63374IAPD
Latest filing Mar 30, 2022
First filing on the tape Mar 29, 2012 · 25 filings
RAUM
$3.5B
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
91%
$3.2B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
21
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$3.5B as of Mar 30, 2022
Mar 29, 2012$589M then
HNW client RAUM$3.2B as of Mar 30, 2022
Mar 30, 2018$1.9B then
State-registered IARs (5.B.3)8 as of Mar 30, 2022
Mar 29, 20120 then
Employees (5.A)21 as of Mar 30, 2022
Mar 28, 201312 then
Private funds: no history
RAUM +17% over the last fiscal year+18% a year over threeIARs 8 to 8
Practice profile
derived from the filing of Mar 30, 2022; every figure names its basis
RAUM per advisor
$440MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
46derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$10.2MderivedHNW RAUM over HNW clients
Average account
$2.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
8.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.6derivedItem 5.A over advisors
Advisors per office
8.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+17%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.0%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, 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
  • 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$3.2B90%
  • Charitable organizations$215M6.1%
  • Corporations and businesses$44.8M1.3%
  • Pension and profit-sharing plans$37.9M1.1%
  • State and municipal entities$31.4M0.9%
  • Individuals$29.9M0.8%
Individual clients
54reported
HNW clients
311reported
Pension plan clients
8reported
Charitable clients
7reported
Accounts
1,523reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
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
    • N Ted Haddad · Senior Managing Directorcontrol
      since 09/2004 · owns less than 5%
    • Marie Janet Hewlett · Senior Managing Directorcontrol
      since 09/2004 · owns less than 5%
    • James Daniel Mcenroe · Senior Managing Director And Chief Compliance Officercontrol
      since 09/2004 · owns less than 5%
    • Ian Paul Ragheb · Senior Managing Directorcontrol
      since 09/2004 · owns less than 5%
    • Charles William Gough · Trusteecontrol
      since 01/2021 · owns F of William C. Gough And Sarah A. Gough Revocable Living Trust
    • N Ted Haddad · Trusteecontrol
      since 01/2021 · owns F of Theodore N. Haddad Living Trust U/A/D November 10, 1992
    • Edward Mark Van Faussien · Trusteecontrol
      since 01/2021 · owns F of Mark E. Van Faussien Revocable Trust U/A/D 7/25/2004
    Entity owners
    • Azimuth Capital Advisors, Inc. · Managing Member
      direct · owns 75% or more
    • Mark E. Van Faussien Revocable Trust U/A/D 7/25/2004 · Shareholder
      indirect · owns 50% to 75% of Aca 2 Capital Advisors, Inc.
    • Theodore N. Haddad Living Trust U/A/D November 10, 1992 · Shareholder
      indirect · owns 25% to 50% of Azimuth Capital Advisors, Inc.
    • William C. Gough And Sarah A. Gough Revocable Living Trust · Shareholder
      indirect · owns 50% to 75% of Aca 2 Capital Advisors, Inc.
    • Aca 2 Capital Advisors, Inc. · Member
      direct · owns 5% to 10%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 1,441 to 1,523
      Mar 30, 2021 to Mar 30, 2022
    • Charity clients · 18 to 7
      Mar 30, 2021 to Mar 30, 2022
    • Corporate clients · 6 to 7
      Mar 30, 2021 to Mar 30, 2022
    • HNW clients · 296 to 311
      Mar 30, 2021 to Mar 30, 2022
    • Individual clients · 55 to 54
      Mar 30, 2021 to Mar 30, 2022
    • Pension plan clients · 10 to 8
      Mar 30, 2021 to Mar 30, 2022
    • Discretionary RAUM · $2.8B to $3.3B
      Mar 30, 2021 to Mar 30, 2022
    • HNW RAUM · $2.7B to $3.2B
      Mar 30, 2021 to Mar 30, 2022
    • Individual RAUM · $25.1M to $29.9M
      Mar 30, 2021 to Mar 30, 2022
    • Non-discretionary RAUM · $200M to $221M
      Mar 30, 2021 to Mar 30, 2022
    • Pension RAUM · $44.3M to $37.9M
      Mar 30, 2021 to Mar 30, 2022
    • RAUM · $3.0B to $3.5B
      Mar 30, 2021 to Mar 30, 2022
    • Accounts · 1,429 to 1,441
      Jun 30, 2020 to Mar 30, 2021
    • Charity clients · 17 to 18
      Jun 30, 2020 to Mar 30, 2021
    • Corporate clients · unset to 6.0
      Jun 30, 2020 to Mar 30, 2021
    • HNW clients · 285 to 296
      Jun 30, 2020 to Mar 30, 2021
    • Individual clients · 69 to 55
      Jun 30, 2020 to Mar 30, 2021
    • Pension plan clients · 13 to 10
      Jun 30, 2020 to Mar 30, 2021
    • Discretionary RAUM · $2.4B to $2.8B
      Jun 30, 2020 to Mar 30, 2021
    • HNW RAUM · $2.3B to $2.7B
      Jun 30, 2020 to Mar 30, 2021
    • Individual RAUM · $33.5M to $25.1M
      Jun 30, 2020 to Mar 30, 2021
    • Non-discretionary RAUM · $198M to $200M
      Jun 30, 2020 to Mar 30, 2021
    • Pension RAUM · $62.4M to $44.3M
      Jun 30, 2020 to Mar 30, 2021
    • RAUM · $2.6B to $3.0B
      Jun 30, 2020 to Mar 30, 2021
    • Accounts · 1,366 to 1,429
      Nov 19, 2019 to Mar 30, 2020
    • Charity clients · 20 to 17
      Nov 19, 2019 to Mar 30, 2020
    • HNW clients · 264 to 285
      Nov 19, 2019 to Mar 30, 2020
    • Individual clients · 74 to 69
      Nov 19, 2019 to Mar 30, 2020
    • Discretionary RAUM · $1.9B to $2.4B
      Nov 19, 2019 to Mar 30, 2020
    • HNW RAUM · $1.9B to $2.3B
      Nov 19, 2019 to Mar 30, 2020
    • Individual RAUM · $38.5M to $33.5M
      Nov 19, 2019 to Mar 30, 2020
    • Non-discretionary RAUM · $193M to $198M
      Nov 19, 2019 to Mar 30, 2020
    • Pension RAUM · $56.3M to $62.4M
      Nov 19, 2019 to Mar 30, 2020
    • RAUM · $2.1B to $2.6B
      Nov 19, 2019 to Mar 30, 2020
    • Accounts · 1,304 to 1,366
      Mar 30, 2018 to Mar 28, 2019
    • Charity clients · 19 to 20
      Mar 30, 2018 to Mar 28, 2019
    • Corporate clients · 5.0 to unset
      Mar 30, 2018 to Mar 28, 2019
    • HNW clients · 268 to 264
      Mar 30, 2018 to Mar 28, 2019
    • Individual clients · 66 to 74
      Mar 30, 2018 to Mar 28, 2019
    • Discretionary RAUM · $2.0B to $1.9B
      Mar 30, 2018 to Mar 28, 2019
    Signals
    3 dated events
    • Azimuth Capital Management LLC's advisors moved to Azimuth Capital Management (Bloomfield Hills, MI): 6 of 6 registered, on the same day
      Apr 7, 2022 · Firm absorbed (people side) · derived
    • Edward Mark Van Faussien (Trustee) appeared on Schedule A of Azimuth Capital Management Llc
      Mar 30, 2021 · Control person joined · fact
    • Charles William Gough (Trustee) appeared on Schedule A of Azimuth Capital Management Llc
      Mar 30, 2021 · 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026