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
Gryphon Advisors, LLC
Latest filing Mar 27, 2025
First filing on the tape Mar 26, 2012 · 15 filings
SEC status approved since Feb 17, 2006
RAUM
$533M
reported, Item 5.F
Discretionary
86%
of RAUM
Private clients
99%
$531M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
8
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$533M as of Mar 27, 2025
Mar 26, 2012$197M then
HNW client RAUM$494M as of Mar 27, 2025
Mar 23, 2018$278M then
State-registered IARs (5.B.3)4 as of Mar 27, 2025
Mar 26, 20120 then
Employees (5.A)8 as of Mar 27, 2025
Mar 11, 20136 then
Private funds: no history
RAUM +4.5% over the last fiscal year+2.2% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 27, 2025; every figure names its basis
- RAUM per advisor
- $133MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 43derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.8MderivedHNW RAUM over HNW clients
- Average account
- $320,868derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 86%derivedof RAUM
- Institutional
- 0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 4.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +4.5%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -2.8%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, 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)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$494M93%
- Individuals$36.5M6.8%
- Charitable organizations$2.7M0.5%
- Individual clients
- 69reported
- HNW clients
- 102reported
- Pension plan clients
- n/areported
- Charitable clients
- 10reported
- Accounts
- 1,662reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- 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
4 left, 0 joined in 12 months
net -4 in 12 months0 left in 90 days0 joined in 90 days4 left over 36 months
Left, latest
- Anthony John Sapienza to Savant Wealth ManagementDec 8, 2025 · RIA to RIA
- John Patrick Swee to Savant Wealth ManagementDec 8, 2025 · RIA to RIA
- David Douglas Close to Savant Wealth ManagementDec 8, 2025 · RIA to RIA
- Trevor Davis Fleck to Savant Wealth ManagementDec 8, 2025 · RIA to RIA
- Achim Von Bodman to Morgan StanleyMar 25, 2009 · Other
Joined, latest
- Anthony John Sapienza from Gryphon AdvisorsSep 29, 2006 · Other
- Achim Von Bodman from Gryphon AdvisorsSep 29, 2006 · Other
- David Douglas Close from Gryphon AdvisorsSep 29, 2006 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 4 left for Savant Wealth ManagementDec 8, 2025 · Evanston, Il · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Douglas David Close · President/Director/Chief Compliance Officercontrolsince 04/1993 · owns 75% or more
- John Anthony Sapienza · Principalsince 01/2021 · owns 10% to 25%
- P John Swee · Principalsince 01/2021 · owns 10% to 25%
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 |
|---|---|---|---|---|---|
| Evanston, Il · principal | 0 | 0 | 4 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,650 to 1,662Mar 28, 2024 to Mar 27, 2025
- Charity clients · 11 to 10Mar 28, 2024 to Mar 27, 2025
- HNW clients · 103 to 102Mar 28, 2024 to Mar 27, 2025
- Individual clients · 73 to 69Mar 28, 2024 to Mar 27, 2025
- Assets in custody · $119M to $118MMar 28, 2024 to Mar 27, 2025
- Employees · 9 to 8Mar 28, 2024 to Mar 27, 2025
- Financial planning clients · 101-250 to 101-250Mar 28, 2024 to Mar 27, 2025
- Discretionary RAUM · $421M to $458MMar 28, 2024 to Mar 27, 2025
- HNW RAUM · $475M to $494MMar 28, 2024 to Mar 27, 2025
- Individual RAUM · $33.1M to $36.5MMar 28, 2024 to Mar 27, 2025
- Non-discretionary RAUM · $89.0M to $74.9MMar 28, 2024 to Mar 27, 2025
- RAUM · $510M to $533MMar 28, 2024 to Mar 27, 2025
- Accounts · 1,564 to 1,650Mar 30, 2023 to Mar 28, 2024
- Charity clients · 10 to 11Mar 30, 2023 to Mar 28, 2024
- HNW clients · 117 to 103Mar 30, 2023 to Mar 28, 2024
- Individual clients · 72 to 73Mar 30, 2023 to Mar 28, 2024
- Pension plan clients · 1.0 to unsetMar 30, 2023 to Mar 28, 2024
- Assets in custody · $109M to $119MMar 30, 2023 to Mar 28, 2024
- Employees · 8 to 9Mar 30, 2023 to Mar 28, 2024
- Discretionary RAUM · $365M to $421MMar 30, 2023 to Mar 28, 2024
- HNW RAUM · $413M to $475MMar 30, 2023 to Mar 28, 2024
- Individual RAUM · $32.0M to $33.1MMar 30, 2023 to Mar 28, 2024
- Non-discretionary RAUM · $85.1M to $89.0MMar 30, 2023 to Mar 28, 2024
- Pension RAUM · 2763022.0 to unsetMar 30, 2023 to Mar 28, 2024
- RAUM · $450M to $510MMar 30, 2023 to Mar 28, 2024
- Accounts · 1,493 to 1,564Mar 26, 2022 to Mar 30, 2023
- Individual clients · 74 to 72Mar 26, 2022 to Mar 30, 2023
- Assets in custody · $132M to $109MMar 26, 2022 to Mar 30, 2023
- Employees · 9 to 8Mar 26, 2022 to Mar 30, 2023
- Discretionary RAUM · $381M to $365MMar 26, 2022 to Mar 30, 2023
- HNW RAUM · $456M to $413MMar 26, 2022 to Mar 30, 2023
- Individual RAUM · $36.8M to $32.0MMar 26, 2022 to Mar 30, 2023
- Non-discretionary RAUM · $119M to $85.1MMar 26, 2022 to Mar 30, 2023
- Pension RAUM · $5.4M to $2.8MMar 26, 2022 to Mar 30, 2023
- RAUM · $500M to $450MMar 26, 2022 to Mar 30, 2023
- Accounts · 1,412 to 1,493Mar 30, 2021 to Mar 26, 2022
- Charity clients · 9 to 10Mar 30, 2021 to Mar 26, 2022
- HNW clients · 93 to 117Mar 30, 2021 to Mar 26, 2022
- Individual clients · 71 to 74Mar 30, 2021 to Mar 26, 2022
- Assets in custody · $114M to $132MMar 30, 2021 to Mar 26, 2022
Signals
6 dated events
- Gryphon Advisors, Llc no longer on the SEC adviser roster (last listed 2025-12-20, RAUM $533.3M)Jan 2, 2026 · Left the SEC roster · derived
- Trevor Davis Fleck left Gryphon Advisors, Llc for Savant Wealth Management (registered 2025-10-02)Dec 8, 2025 · Advisor changed firm · fact
- Anthony John Sapienza left Gryphon Advisors, Llc for Savant Wealth Management (registered 2025-10-02)Dec 8, 2025 · Advisor changed firm · fact
- John Patrick Swee left Gryphon Advisors, Llc for Savant Wealth Management (registered 2025-10-03)Dec 8, 2025 · Advisor changed firm · fact
- David Douglas Close left Gryphon Advisors, Llc for Savant Wealth Management (registered 2025-10-23)Dec 8, 2025 · Advisor changed firm · fact
- Gryphon Advisors, LLC's advisors moved to Savant Wealth Management (Evanston, IL): 4 of 4 registered, on the same dayDec 8, 2025 · Firm absorbed (people side) · derived
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