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

Realta Investment Advisors, Inc

Broker-dealer affiliated wealth managerWilmington, DelawareCRD 134952SEC 801-68000websiteIAPD
Latest filing Aug 6, 2026
First filing on the tape Mar 29, 2012 · 64 filings
SEC status approved since Jun 6, 2007
RAUM
$385M
reported, Item 5.F
Discretionary
62%
of RAUM
Private clients
98%
$378M individuals and HNW
Advisors
57
registered through the firm on IAPD
RAUM per advisor
$6.8M
derived; firm RAUM over IAPD count
Employees
61
54 advisory (5.B.1)
Offices
28
beyond the principal office
Private funds
0
reported on Schedule D
History
64 filings and snapshots on the tape
RAUM$385M as of Aug 6, 2026
Mar 29, 2012$271M then
HNW client RAUM$202M as of Aug 6, 2026
Mar 29, 2018$62.1M then
State-registered IARs (5.B.3)60 as of Aug 6, 2026
Apr 1, 20130 then
Employees (5.A)61 as of Aug 6, 2026
Apr 1, 201342 then
Private funds: no history
RAUM +12% over the last fiscal year-21% a year over threeIARs 64 to 60
Practice profile
derived from the filing of Aug 6, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
  • 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
$6.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
21derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$535,658derivedHNW RAUM over HNW clients
Average account
$313,071derivedRAUM over accounts (5.F.2.f)
Discretionary
62%derivedof RAUM
Institutional
1.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.1derivedItem 5.A over advisors
Advisors per office
2.0derived29 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
-6.3%derivedItem 5.B.3 between annual amendments
Client growth, one year
-36%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, publicationsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$217M, 568 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$202M53%
  • Individuals$176M46%
  • Pension and profit-sharing plans$6.4M1.7%
  • Corporations and businesses$608,9140.2%
Individual clients
835reported
HNW clients
378reported
Pension plan clients
11reported
Charitable clients
n/areported
Accounts
1,231reported
Financial planning clients
1-10reported
Wrap fee programs
$0 sponsored, $255M managedreported
Custody of client assets
$217M for 568 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=true related_bank=false bd_reps=58.0derived
Advisors registered through the firm
57 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Kurtis Jay StroemelPhiladelphia, Pa Aug 2, 201126 y4
Charles M SobelWilmington, DeDec 7, 201117 y0
Reed Michael O'BrienWilmington, De Nov 25, 201323 y1
Jay Reid PorterWilmington, De Apr 24, 201543 y2
James Francis MccroryWilmington, DeMay 26, 201645 y2
Skip MassengillWilmington, De Jun 9, 201744 y2
Nancy Thi HoangAustin, Tx Jan 31, 201818 y3
Bobby Kyle CowandAustin, Tx Feb 1, 201833 y2
Byron Graham MooreColumbia, Md May 16, 201827 y5
John Eli FrickWilmington, De Jun 18, 201828 y3
Blane C TierneyLafayette, Nj Oct 16, 201838 y2
Lloyd Thomas LaytonWilmington, De Feb 5, 201939 y5
Robert Thure GustafsonWilmington, De Feb 26, 201924 y2
Daniel ForakerWilmington, DeFeb 7, 202020 y1
David Francis VittWilmington, De Mar 24, 202027 y4
David Sylvan CooperBrentwood, Tn Nov 10, 202032 y4
Edward Thomas EnsticeLinwood, Nj Mar 29, 202133 y3
Steven HornNew York, Ny Nov 10, 202131 y2
Kenneth Russell BoydWilloughby, Oh Dec 14, 202126 y5
Shaun EckDeer Park, Il Jul 6, 202217 y9
Steven Kent QuinlyWilmington, De Aug 1, 202247 y1
Dan HolzerSan Diego, Ca Sep 8, 202216 y1
James Marion NelsonCertified Financial PlannerLake Wales, Fl Sep 12, 202224 y5
Mathias SchulzWilmington, De Jun 21, 202311 y0
Richard GoodwinChartered Financial ConsultantRichardson, Tx Jun 28, 202333 y3
Jennifer Diane LanderDallas, Tx Jul 7, 202312 y1
Thomas Caine ShultzWilmington, De Jul 25, 202317 y3
Donald Lee WellsSeattle, Wa Aug 2, 202343 y3
Amy White WidenerWilmington, De Sep 22, 202328 y2
Thomas Samuel LiskWilmington, De Oct 3, 202321 y4
Stephen Claude Forsyth LovellCertified Financial Planner, Chartered Financial ConsultantEmerald Hills, Ca Nov 22, 202329 y7
Richard Scott TobanChartered Financial ConsultantWilmington, De Nov 30, 202317 y4
James Edward Van MeterWilmington, De Jan 26, 202419 y3
Zelalem Baalu GirmaWilmington, De Jan 30, 202426 y9
Charlie ElamparoWilmington, De Feb 14, 202414 y1
Alfred GesingWilmington, De Jun 17, 202410 y1
Bhagwati MahendruWilmington, De Nov 8, 202433 y2
Michael Martin MirichEscondido, Ca Jan 1, 202516 y3
John Edward ScottTampa, Fl Jan 1, 202525 y4
Robert Barrett SchillingStevensville, Md Jan 9, 202529 y6
All 57 advisors at Realta Investment Advisors, Inc
Advisor movement
6 left, 12 joined in 12 months
net +6 in 12 months2 left in 90 days2 joined in 90 daysdeparture rate 11% of current headcount41 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Joseph Timothy Bowman · Chief Financial Officer/Finopcontrol
    since 04/2024 · owns less than 5%
  • Michael Kevin Keefe · President, Chief Operations Officer, And Ceocontrol
    since 08/2023 · owns less than 5%
  • Anne Elizabeth Legacy · Chief Compliance Officercontrol
    since 07/2024 · owns less than 5%
  • Lee Ryan Hanks · Shareholder
    since 10/2022 · owns 75% or more of Madison Capital Group LLC
Entity owners
  • Orange Street Holdings Inc · Shareholder
    direct · owns 75% or more
  • Cameron Financial Holdings LLC · Shareholder
    indirect · owns 75% or more of Orange Street Holdings Inc
  • Madison Capital Group LLC · Shareholder
    indirect · owns 75% or more of Cameron Financial Holdings LLC
Related persons
Schedule D 7.A
  • Realta Equities Insurance Agency Inc
    real estaten
  • Realta Equities, Inc.
    broker-dealern
  • Realta Risk Advisors, LLC
    real estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Wilmington, De · principal57134
New York, Ny410
Dallas, Tx310
Austin, Tx200
Bristol, Va200
Philadelphia, Pa210
San Diego, Ca200
Seattle, Wa200
Richardson, Tx101
Wylie, Tx001
Memphis, Tn000
Chadds Ford, Pa000
Annapolis, Md000
Highland Village, Tx000
Aptos, Ca000
Bradenton, Fl001
Glen Rock, Pa000
Hockessin, De000
Las Vegas, Nv000
North Haledon, Nj000
Offices
Schedule D 1.F, the 25 largest
  • Lancaster, PA2 employees
  • , 2 employees
  • Lake Wales, FL2 employees
  • Philadelphia, PA1 employees
  • , 1 employees
  • Stevensville, MD1 employees
  • Linwood, NJ1 employees
  • Willoughby, OH1 employees
  • Deer Park, IL1 employees
  • Tallahassee, FL1 employees
  • Scottsdale, AZ1 employees
  • Bristol, VA1 employees
  • Bellevue, WA1 employees
  • Murray, UT1 employees
  • Escondido, CA1 employees
  • Centennial, CO1 employees
  • Columbia, MD1 employees
  • New York, NY1 employees
  • Orinda, CA1 employees
  • Philadelphia, PA1 employees
  • Aquebogue, NY1 employees
  • , 1 employees
  • Cincinnati, OH1 employees
  • Elkridge, MD1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • clients down average size upCombination · filing Mar 13, 2026
    private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $343,465,487 to $385,389,938, advisors 64 to 60, private clients 1901 to 1213, offices 28 to 28 (2025-03-31 to 2026-03-13)
    peers: affiliated wealth managers (187)
  • client count collapseChange between filings · filing Mar 13, 2026
    individual and HNW clients (Item 5.D) moved from 1,901.0 to 1,213.0 (-36.0%) between the annual amendments of 2025-03-31 and 2026-03-13; the peer median change was +9.0% (19 comparable advisers, 0.0th percentile of changes)
    peers: affiliated wealth managers (19) · 0.0% percentile
What changed
consecutive filings, newest first
  • Accounts · 1,958 to 1,231
    Sep 18, 2025 to Mar 13, 2026
  • BD registered reps · 61 to 58
    Sep 18, 2025 to Mar 13, 2026
  • Charity clients · 2.0 to unset
    Sep 18, 2025 to Mar 13, 2026
  • Corporate clients · 11 to 7
    Sep 18, 2025 to Mar 13, 2026
  • HNW clients · 367 to 378
    Sep 18, 2025 to Mar 13, 2026
  • Individual clients · 1,534 to 835
    Sep 18, 2025 to Mar 13, 2026
  • Pension plan clients · 44 to 11
    Sep 18, 2025 to Mar 13, 2026
  • Assets in custody · $173M to $217M
    Sep 18, 2025 to Mar 13, 2026
  • Employees · 64 to 61
    Sep 18, 2025 to Mar 13, 2026
  • Insurance-licensed employees · 1 to 0
    Sep 18, 2025 to Mar 13, 2026
  • State-registered IARs · 64 to 60
    Sep 18, 2025 to Mar 13, 2026
  • Discretionary RAUM · $223M to $238M
    Sep 18, 2025 to Mar 13, 2026
  • HNW RAUM · $182M to $202M
    Sep 18, 2025 to Mar 13, 2026
  • Individual RAUM · $141M to $176M
    Sep 18, 2025 to Mar 13, 2026
  • Non-discretionary RAUM · $121M to $148M
    Sep 18, 2025 to Mar 13, 2026
  • Pension RAUM · $16.8M to $6.4M
    Sep 18, 2025 to Mar 13, 2026
  • RAUM · $343M to $385M
    Sep 18, 2025 to Mar 13, 2026
  • Wrap assets (manager) · $221M to $255M
    Sep 18, 2025 to Mar 13, 2026
  • Financial planning clients · 1-10 to 1-10
    Mar 31, 2025 to Jun 6, 2025
  • Accounts · 3,529 to 1,958
    Feb 14, 2025 to Mar 31, 2025
  • Advisory employees · 72 to 54
    Feb 14, 2025 to Mar 31, 2025
  • BD registered reps · 80 to 61
    Feb 14, 2025 to Mar 31, 2025
  • Charity clients · 4 to 2
    Feb 14, 2025 to Mar 31, 2025
  • Corporate clients · 25 to 11
    Feb 14, 2025 to Mar 31, 2025
  • HNW clients · 83 to 367
    Feb 14, 2025 to Mar 31, 2025
  • Individual clients · 3,241 to 1,534
    Feb 14, 2025 to Mar 31, 2025
  • Pension plan clients · 176 to 44
    Feb 14, 2025 to Mar 31, 2025
  • Assets in custody · $245M to $173M
    Feb 14, 2025 to Mar 31, 2025
  • Employees · 83 to 64
    Feb 14, 2025 to Mar 31, 2025
  • State-registered IARs · 83 to 64
    Feb 14, 2025 to Mar 31, 2025
  • Other offices · 37 to 28
    Feb 14, 2025 to Mar 31, 2025
  • Discretionary RAUM · $683M to $223M
    Feb 14, 2025 to Mar 31, 2025
  • HNW RAUM · $148M to $182M
    Feb 14, 2025 to Mar 31, 2025
  • Individual RAUM · $616M to $141M
    Feb 14, 2025 to Mar 31, 2025
  • Non-discretionary RAUM · $117M to $121M
    Feb 14, 2025 to Mar 31, 2025
  • Pension RAUM · $24.7M to $16.8M
    Feb 14, 2025 to Mar 31, 2025
  • RAUM · $800M to $343M
    Feb 14, 2025 to Mar 31, 2025
  • Wrap assets (manager) · $119M to $221M
    Feb 14, 2025 to Mar 31, 2025
  • Accounts · 3,760 to 3,529
    Jan 5, 2024 to Apr 1, 2024
  • Advisory employees · 68 to 72
    Jan 5, 2024 to Apr 1, 2024
Signals
60 dated events
  • Noah Labelle left Realta Investment Advisors, Inc for Lpl Financial Llc (registered 2026-09-04)
    Sep 2, 2026 · Advisor changed firm · fact
  • Johnny Borrelli left Realta Investment Advisors, Inc for Crescent Advisor Group, Inc. (registered 2026-07-14)
    Jul 7, 2026 · Advisor changed firm · fact
  • Ryan J Munoz left Realta Investment Advisors, Inc for Clairalpha Advisors Llc (registered 2026-05-20)
    Jun 8, 2026 · Advisor changed firm · fact
  • Courtney A Wellar no longer registered at Realta Investment Advisors, Inc; no later IA registration on IAPD
    Apr 7, 2026 · Advisor departure · fact
  • Jason Douglas Konskier left Realta Investment Advisors, Inc for Nfsg Corporation (registered 2026-04-09)
    Mar 31, 2026 · Advisor changed firm · fact
  • Raymond Cripps De Witt left Realta Investment Advisors, Inc for Transce3Nd Llc (registered 2025-12-10)
    Jan 22, 2026 · Advisor changed firm · fact
  • Sean Patrick Gunning left Realta Investment Advisors, Inc for Arkadios Wealth Advisors (registered 2025-10-01)
    Oct 1, 2025 · Advisor changed firm · fact
  • Elizabeth Legacy left Realta Investment Advisors, Inc for Robinhood Asset Management (registered 2026-01-13)
    May 28, 2025 · Advisor changed firm · fact
  • Mark William Karstrom left Realta Investment Advisors, Inc for Fourstar Wealth Advisors, Llc (registered 2020-12-16)
    Apr 28, 2025 · Advisor changed firm · fact
  • Realta Investment Advisors, Inc reported 28 offices beyond its principal office, down from 37 (2025-02-14 to 2025-03-31)
    Mar 31, 2025 · Office count change · derived
  • Realta Investment Advisors, Inc reported 64 state-registered advisory representatives, down from 83 (2025-02-14 to 2025-03-31)
    Mar 31, 2025 · Advisor headcount change · derived
  • Realta Investment Advisors, Inc reported RAUM $343.5M, down 57% from $799.7M (2025-02-14 to 2025-03-31)
    Mar 31, 2025 · RAUM change · derived
  • Craig M Wiener left Realta Investment Advisors, Inc for Alden Investment Group (registered 2025-03-07)
    Mar 11, 2025 · Advisor changed firm · fact
  • Abbey Dawn Eastham left Realta Investment Advisors, Inc for Independent Financial Group, Llc (registered 2025-02-20)
    Feb 25, 2025 · Advisor changed firm · fact
  • Toni Lynn Sutherland no longer registered at Realta Investment Advisors, Inc; no later IA registration on IAPD
    Feb 18, 2025 · Advisor departure · fact
  • Kevin Michael Keefe left Realta Investment Advisors, Inc for Independent Financial Group, Llc (registered 2025-04-24)
    Feb 14, 2025 · Advisor changed firm · fact
  • 2 advisors left Realta Investment Advisors, Inc (Wilmington, DE) for Independent Financial Group, LLC within 11 days
    Feb 14, 2025 · Team lift-out · derived
  • Justin Duane Mundt left Realta Investment Advisors, Inc for Transce3Nd Llc (registered 2024-09-12)
    Jan 28, 2025 · Advisor changed firm · fact
  • Keith Joseph Furio left Realta Investment Advisors, Inc for Independent Financial Partners (registered 2025-01-08)
    Jan 13, 2025 · Advisor changed firm · fact
  • Robert E Davis left Realta Investment Advisors, Inc for Independent Financial Partners (registered 2024-10-14)
    Oct 24, 2024 · Advisor changed firm · fact
  • Ross B Fronk left Realta Investment Advisors, Inc for Ashton Thomas Securities, Llc (registered 2024-11-05)
    Oct 24, 2024 · Advisor changed firm · fact
  • Aileen F Defroda left Realta Investment Advisors, Inc for Ashton Thomas Securities, Llc (registered 2024-10-21)
    Oct 2, 2024 · Advisor changed firm · fact
  • Roman Savage Leniw left Realta Investment Advisors, Inc for Nations Financial Group, Inc. (registered 2024-09-04)
    Sep 5, 2024 · Advisor changed firm · fact
  • Frank M Calabrese left Realta Investment Advisors, Inc for Nations Financial Group, Inc. (registered 2024-09-03)
    Sep 4, 2024 · Advisor changed firm · fact
  • 2 advisors left Realta Investment Advisors, Inc (Wilmington, DE) for Nations Financial Group, Inc. a day apart
    Sep 4, 2024 · Team lift-out · derived
  • Matthew Dwayne Rakerd left Realta Investment Advisors, Inc for Independent Financial Partners (registered 2024-08-28)
    Aug 29, 2024 · Advisor changed firm · fact
  • Dwayne Matthew Rakerd (Chief Growth Officer) no longer on Schedule A of Realta Investment Advisors, Inc (listed 2024-07-08, absent 2024-08-29)
    Aug 29, 2024 · Control person left · inference
  • Arthur John Barragan (Chief Operation Officer) no longer on Schedule A of Realta Investment Advisors, Inc (listed 2024-07-08, absent 2024-08-29)
    Aug 29, 2024 · Control person left · inference
  • Erik Somerville left Realta Investment Advisors, Inc for Independent Financial Partners (registered 2024-08-23)
    Aug 27, 2024 · Advisor changed firm · fact
  • Gregg Michael Somerville left Realta Investment Advisors, Inc for Independent Financial Partners (registered 2024-08-28)
    Aug 27, 2024 · Advisor changed firm · 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
Firm profile
linkedin.com/company/realta-wealthreportedpublic record, Form ADV, Sep 17, 2026
Website
REALTAWEALTH.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
888-657-5200reportedpublic record, Form ADV, Aug 6, 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
Broker-dealer affiliated wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$6.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026