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

Capital Markets Iq, LLC

Independent wealth managerCRD 134921SEC 801-69992websiteIAPD
Latest filing Jul 28, 2026
First filing on the tape Nov 10, 2011 · 134 filings
SEC status approved since Apr 3, 2009
RAUM
$571M
reported, Item 5.F
Discretionary
80%
of RAUM
Private clients
64%
$365M individuals and HNW
Advisors
19
registered through the firm on IAPD
RAUM per advisor
$30.1M
derived; firm RAUM over IAPD count
Employees
23
20 advisory (5.B.1)
Offices
18
beyond the principal office
Private funds
0
reported on Schedule D
History
134 filings and snapshots on the tape
RAUM$571M as of Jul 28, 2026
Mar 29, 2012$416M then
HNW client RAUM$224M as of Jul 28, 2026
Mar 29, 2018$82.2M then
State-registered IARs (5.B.3)19 as of Jul 28, 2026
Mar 27, 20138 then
Employees (5.A)23 as of Jul 28, 2026
Mar 27, 201310 then
Private funds1 as of Mar 30, 2017
Mar 29, 20122 then
RAUM +27% over the last fiscal year+21% a year over threeIARs 19 to 19
Practice profile
derived from the filing of Jul 28, 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
$30.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
37derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$646,433derivedRAUM over accounts (5.F.2.f)
Discretionary
80%derivedof RAUM
Institutional
15%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
1.0derived19 offices incl. principal (1.F.5)
RAUM growth, one year
+27%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.6%derived
Compensation
percentage of assets, hourly, fixed fees, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, otherreportedItem 5.G
Custody
$30.5M, 69 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$224M39%
  • Individuals$142M25%
  • Corporations and businesses$121M21%
  • Pension and profit-sharing plans$83.5M15%
  • Charitable organizations$1.6M0.3%
Individual clients
607reported
HNW clients
91reported
Pension plan clients
101reported
Charitable clients
7reported
Accounts
884reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$30.5M for 69 clientsreported
Compensation
% of AUM, fixed, hourly, performancereported
Class basis
private_client_share=0.64 fund_share=0.0 institutional_share=0.15 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
19 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Kenneth Nelson WisemanGreensboro, Nc Nov 14, 200521 y0
Adam Steven JorgensenArlington, Tx Aug 31, 201616 y1
Thomas Mitchel MarshburnArlington, Tx Sep 6, 201634 y2
Michael Gregory DickersonNew Orleans, La Jul 21, 201741 y4
Jason Daniel SaylesSt. Petersburg, Fl Sep 22, 201717 y1
Stephen Maynard AlinikoffWilkes Barre, Pa Nov 17, 201742 y3
William W. PengArlington, Tx Oct 6, 202018 y5
Daniel Eric MillmanMellville, Ny Apr 13, 202112 y1
Timothy Gerard ValikWyckoff, Nj Aug 10, 202117 y0
Ian Matthew JohnsonMurphy, Tx May 26, 202221 y1
Jason Lawrence BrightGainsville , Ga Nov 28, 202212 y1
Michael H. SimmsArlington, Tx Jul 31, 202314 y0
David MirkinArlington, Tx Feb 28, 202510 y0
Zachary Ryan WootenCertified Financial PlannerShepherdsville, Ky Apr 29, 202513 y3
Lawrence Fernandes PereiraCohasset, Ma Aug 21, 202529 y0
Matthew V RabinowitzArlington, TxSep 3, 202520 y0
William John Penson LawtonArlington, Tx Dec 19, 202530 y2
Thomas Matthew ChaseArlington, Tx Dec 22, 202512 y1
Robert Alan SchreiberMemphis, TnJan 30, 202640 y3
Advisor movement
1 left, 2 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 5.3% of current headcount5 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    3 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    Ecipiiino longer reportedHedge Fund$5.4M1Mar 27, 2013
    Ecipiino longer reportedHedge Fund$2.5M3Nov 10, 2011
    Eciphyno longer reportedHedge Fund$1.0M5Nov 10, 2011
    Owners and control persons
    Schedule A and B, latest filing
    • B Anita Carlino · Controllercontrol
      since 03/2020 · owns less than 5%
    • Y Penelope Turnbow · Chief Legal Officer & Chief Compliance Officercontrol
      since 01/2009 · owns less than 5%
    • Nelson Kenneth Wiseman · Presidentcontrol
      since 06/2006 · owns less than 5%
    • Y Penelope Turnbow · Membercontrol
      since 12/2007 · owns 75% or more of Extensor Capital N.A., LLC
    • Nelson Kenneth Wiseman · Trust Beneficarycontrol
      since 01/2013 · owns F of Lcm/Hpw Trust
    Entity owners
    • Extensor Capital N.A., LLC · Member
      direct · owns 25% to 50%
    • Lcm/Hpw Trust · Member
      direct · owns 50% to 75%
    Related persons
    Schedule D 7.A
    • Anita Carlino
      insurancen
    • Cerity Partners LLC
      investment advisernRAUM $162B
    • Daniel E Millman
      real estaten
    • Daniel E Millman
      pooled vehicle sponsorn
    • Daniel E Millman
      pooled vehicle sponsorn
    • Daniel E. Millman
      pooled vehicle sponsorn
    • Daniel E. Millman
      pooled vehicle sponsorn
    • Daniel E. Millman
      pooled vehicle sponsorn
    • Daniel E. Millman
      pooled vehicle sponsorn
    • Penelope Y. Turnbow, Esq
      y
    • Samuel C. Talbert
      real estaten
    • William Peng
      investment companyn
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Arlington, Tx1821
    Palm Beach Gardens, Fl200
    St Petersburg, Fl100
    San Francisco, Ca000
    Offices
    Schedule D 1.F, the 25 largest
    • St. Petersburg, FL2 employees
    • Palm Beach Gardens, FL2 employees
    • Lincoln, NE1 employees
    • Melville, NY1 employees
    • Southfield, MI1 employees
    • Davis, CA1 employees
    • , 1 employees
    • Lawrenceville, GA1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 827 to 884
      Feb 11, 2026 to Mar 25, 2026
    • Advisory employees · 19 to 20
      Feb 11, 2026 to Mar 25, 2026
    • Advisory activities · 5 to 4
      Feb 11, 2026 to Mar 25, 2026
    • Charity clients · 10 to 7
      Feb 11, 2026 to Mar 25, 2026
    • Corporate clients · 64 to 78
      Feb 11, 2026 to Mar 25, 2026
    • HNW clients · 45 to 91
      Feb 11, 2026 to Mar 25, 2026
    • Individual clients · 610 to 607
      Feb 11, 2026 to Mar 25, 2026
    • Pension plan clients · 98 to 101
      Feb 11, 2026 to Mar 25, 2026
    • Assets in custody · $19.7M to $30.5M
      Feb 11, 2026 to Mar 25, 2026
    • Employees · 26 to 23
      Feb 11, 2026 to Mar 25, 2026
    • Discretionary RAUM · $353M to $456M
      Feb 11, 2026 to Mar 25, 2026
    • HNW RAUM · $126M to $224M
      Feb 11, 2026 to Mar 25, 2026
    • Individual RAUM · $151M to $142M
      Feb 11, 2026 to Mar 25, 2026
    • Non-discretionary RAUM · $98.1M to $116M
      Feb 11, 2026 to Mar 25, 2026
    • Pension RAUM · $69.7M to $83.5M
      Feb 11, 2026 to Mar 25, 2026
    • RAUM · $451M to $571M
      Feb 11, 2026 to Mar 25, 2026
    • Financial planning clients · 11-25 to 11-25
      Jun 23, 2025 to Jul 22, 2025
    • Accounts · 680 to 827
      Feb 7, 2025 to Apr 3, 2025
    • Advisory employees · 21 to 19
      Feb 7, 2025 to Apr 3, 2025
    • Advisory activities · 6 to 5
      Feb 7, 2025 to Apr 3, 2025
    • Charity clients · 7 to 10
      Feb 7, 2025 to Apr 3, 2025
    • Corporate clients · 52 to 64
      Feb 7, 2025 to Apr 3, 2025
    • HNW clients · 60 to 45
      Feb 7, 2025 to Apr 3, 2025
    • Individual clients · 474 to 610
      Feb 7, 2025 to Apr 3, 2025
    • Pension plan clients · 87 to 98
      Feb 7, 2025 to Apr 3, 2025
    • Assets in custody · $24.9M to $19.7M
      Feb 7, 2025 to Apr 3, 2025
    • Employees · 24 to 26
      Feb 7, 2025 to Apr 3, 2025
    • Insurance-licensed employees · 1 to 0
      Feb 7, 2025 to Apr 3, 2025
    • State-registered IARs · 21 to 19
      Feb 7, 2025 to Apr 3, 2025
    • Other offices · 17 to 18
      Feb 7, 2025 to Apr 3, 2025
    • Discretionary RAUM · $302M to $353M
      Feb 7, 2025 to Apr 3, 2025
    • HNW RAUM · $145M to $126M
      Feb 7, 2025 to Apr 3, 2025
    • Individual RAUM · $87.7M to $151M
      Feb 7, 2025 to Apr 3, 2025
    • Non-discretionary RAUM · $90.0M to $98.1M
      Feb 7, 2025 to Apr 3, 2025
    • Pension RAUM · $50.5M to $69.7M
      Feb 7, 2025 to Apr 3, 2025
    • RAUM · $392M to $451M
      Feb 7, 2025 to Apr 3, 2025
    • Related adviser · true to false
      Feb 7, 2025 to Apr 3, 2025
    • Other offices · 18 to 17
      Jan 31, 2025 to Feb 7, 2025
    • HQ city · unset to
      Dec 16, 2024 to Jan 31, 2025
    • HQ state · unset to
      Dec 16, 2024 to Jan 31, 2025
    Signals
    10 dated events
    • Capital Markets Iq, Llc reported RAUM $571.4M, up 27% from $450.9M (2026-02-11 to 2026-03-25)
      Mar 25, 2026 · RAUM change · derived
    • Jeffrey Crouse left Capital Markets Iq, Llc for Saltmarsh Financial Advisors, Llc (registered 2026-03-17)
      Feb 11, 2026 · Advisor changed firm · fact
    • Alan Edward Kuzma left Capital Markets Iq, Llc for Royal Fund Management, Llc (registered 2025-07-24)
      Jul 21, 2025 · Advisor changed firm · fact
    • Grace Sheffield Brettkelly left Capital Markets Iq, Llc for Cerity Partners Llc (registered 2025-01-01)
      Dec 9, 2024 · Advisor changed firm · fact
    • Mark Allan Hajek left Capital Markets Iq, Llc for Mariner Independent (registered 2024-07-12)
      Jul 1, 2024 · Advisor changed firm · fact
    • Gil Blas Montilla Velez left Capital Markets Iq, Llc for Amerity Wealth Management, Llc (registered 2023-11-02)
      Feb 5, 2024 · Advisor changed firm · fact
    • Thomas Patrick Smith left Capital Markets Iq, Llc for Realta Investment Advisors, Inc (registered 2022-11-02)
      Oct 12, 2022 · Advisor changed firm · fact
    • Michele Dawn Bratcher (Controller) no longer on Schedule A of Capital Markets Iq, Llc (listed 2020-03-17, absent 2020-03-27)
      Mar 27, 2020 · Control person left · inference
    • B Anita Carlino (Controller) appeared on Schedule A of Capital Markets Iq, Llc
      Mar 27, 2020 · Control person joined · fact
    • Capital Markets Iq, Llc reported 18 offices beyond its principal office, down from 27 (2019-03-07 to 2019-03-28)
      Mar 28, 2019 · Office count change · derived
    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
    Firm profile
    linkedin.com/company/noblestone-capitalreportedpublic record, Form ADV, Sep 18, 2026
    Firm profile
    linkedin.com/company/king-harbor-wealthreportedpublic record, Form ADV, Sep 18, 2026
    Website
    burgcap.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    310.882.6380reportedpublic record, Form ADV, Jul 28, 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
    $30.1Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026