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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

Former SEC-registered adviser

A••••••••• R••••••••• S•••••••••

Former SEC-registered adviserQueensbury, New YorkCRD 132345SEC 801-74527IAPD
Legal name A••••••••• R••••••••• S••••••••• I•••
Latest filing Oct 25, 2023
First filing on the tape Mar 6, 2012 · 24 filings
RAUM
$217M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
100%
$217M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$217M as of Mar 24, 2023
Apr 1, 2013$59.0M then
HNW client RAUM$78.9M as of Mar 24, 2023
Mar 28, 2018$40.6M then
State-registered IARs (5.B.3)2 as of Mar 24, 2023
Apr 1, 20131 then
Employees (5.A)6 as of Mar 24, 2023
Apr 1, 20132 then
Private funds: no history
RAUM -23% over the last fiscal year+6.5% a year over threeIARs 1 to 2
Practice profile
derived from the filing of Oct 25, 2023; every figure names its basis
RAUM per advisor
$109MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
250derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.8MderivedHNW RAUM over HNW clients
Average account
$218,575derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-23%derivedbetween the last two annual amendments
Advisor growth, one year
+100%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.4%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$205M, 483 clientsreportedItem 9.A
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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$139M64%
  • High-net-worth individuals$78.9M36%
Individual clients
454reported
HNW clients
45reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
995reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$205M for 483 clientsreported
Compensation
% of AUMreported
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
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
    • B•••••• S•••• L•••• · President & Chief Compliance Officercontrol
      since 10/2001 · owns 50% to 75%
    • M•••• A•••• M•••••• · Vice Presidentcontrol
      since 10/2021 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    Advisers that list A••••••••• R••••••••• S••••••••• as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Queensbury, Ny · principal000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 925 to 995
      Mar 30, 2022 to Mar 24, 2023
    • HNW clients · 61 to 45
      Mar 30, 2022 to Mar 24, 2023
    • Individual clients · 431 to 454
      Mar 30, 2022 to Mar 24, 2023
    • Assets in custody · $268M to $205M
      Mar 30, 2022 to Mar 24, 2023
    • Employees · 7 to 6
      Mar 30, 2022 to Mar 24, 2023
    • State-registered IARs · 1 to 2
      Mar 30, 2022 to Mar 24, 2023
    • Discretionary RAUM · $279M to $213M
      Mar 30, 2022 to Mar 24, 2023
    • HNW RAUM · $99.4M to $78.9M
      Mar 30, 2022 to Mar 24, 2023
    • Individual RAUM · $184M to $139M
      Mar 30, 2022 to Mar 24, 2023
    • Non-discretionary RAUM · $5.2M to $4.0M
      Mar 30, 2022 to Mar 24, 2023
    • RAUM · $284M to $217M
      Mar 30, 2022 to Mar 24, 2023
    • Accounts · 783 to 925
      Oct 1, 2021 to Mar 30, 2022
    • BD registered reps · 1 to 2
      Oct 1, 2021 to Mar 30, 2022
    • Individual clients · 463 to 431
      Oct 1, 2021 to Mar 30, 2022
    • Assets in custody · unset to 268423813.0
      Oct 1, 2021 to Mar 30, 2022
    • Custody of client assets · false to true
      Oct 1, 2021 to Mar 30, 2022
    • Employees · 6 to 7
      Oct 1, 2021 to Mar 30, 2022
    • Insurance-licensed employees · 0 to 1
      Oct 1, 2021 to Mar 30, 2022
    • Financial planning clients · 251-500 to 11-25
      Oct 1, 2021 to Mar 30, 2022
    • Discretionary RAUM · $241M to $279M
      Oct 1, 2021 to Mar 30, 2022
    • HNW RAUM · $104M to $99.4M
      Oct 1, 2021 to Mar 30, 2022
    • Individual RAUM · $141M to $184M
      Oct 1, 2021 to Mar 30, 2022
    • Non-discretionary RAUM · $4.7M to $5.2M
      Oct 1, 2021 to Mar 30, 2022
    • RAUM · $246M to $284M
      Oct 1, 2021 to Mar 30, 2022
    • Accounts · 701 to 783
      Apr 20, 2020 to Jan 27, 2021
    • HNW clients · 34 to 61
      Apr 20, 2020 to Jan 27, 2021
    • Individual clients · 443 to 463
      Apr 20, 2020 to Jan 27, 2021
    • Financial planning clients · 101-250 to 251-500
      Apr 20, 2020 to Jan 27, 2021
    • Discretionary RAUM · $176M to $241M
      Apr 20, 2020 to Jan 27, 2021
    • HNW RAUM · $57.6M to $104M
      Apr 20, 2020 to Jan 27, 2021
    • Individual RAUM · $123M to $141M
      Apr 20, 2020 to Jan 27, 2021
    • Non-discretionary RAUM · $4.2M to $4.7M
      Apr 20, 2020 to Jan 27, 2021
    • RAUM · $180M to $246M
      Apr 20, 2020 to Jan 27, 2021
    • Related adviser · false to true
      Apr 20, 2020 to Jan 27, 2021
    • Accounts · 607 to 701
      Sep 23, 2019 to Mar 30, 2020
    • HNW clients · 23 to 34
      Sep 23, 2019 to Mar 30, 2020
    • Individual clients · 584 to 443
      Sep 23, 2019 to Mar 30, 2020
    • Other offices · 1 to 0
      Sep 23, 2019 to Mar 30, 2020
    • Discretionary RAUM · $126M to $176M
      Sep 23, 2019 to Mar 30, 2020
    • HNW RAUM · $37.0M to $57.6M
      Sep 23, 2019 to Mar 30, 2020
    Signals
    4 dated events
    • J••••••• D••••• D••••• left A••••••••• R••••••••• S••••••••• for W••••• E••••••••• A••••••• S•••••••• L•• (registered 2023-11-16)
      Dec 8, 2023 · Advisor changed firm · fact
    • S••• B••••• left A••••••••• R••••••••• S••••••••• for W••••• E••••••••• A••••••• S•••••••• L•• (registered 2023-11-16)
      Dec 8, 2023 · Advisor changed firm · fact
    • 2 advisors left A••••••••• R••••••••• S••••••••• (Queensbury, NY) for W••••• E••••••••• A••••••• S•••••••• L•• on the same day
      Dec 8, 2023 · Team lift-out · derived
    • Michael Adam Mark (Shareholder) appeared on Schedule A of A••••••••• R••••••••• S•••••••••
      Jan 27, 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