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

Hill Investment Group

Former SEC-registered adviserSt. Louis, MissouriCRD 136452SEC 801-64551IAPD
Legal name Hill Investment Group, LLC
Latest filing Dec 2, 2020
First filing on the tape Mar 12, 2012 · 41 filings
RAUM
$678M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$674M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
12
10 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$678M as of Mar 28, 2020
Mar 12, 2012$284M then
HNW client RAUM$630M as of Mar 28, 2020
Jan 30, 2018$600M then
State-registered IARs (5.B.3)10 as of Mar 28, 2020
Mar 12, 20120 then
Employees (5.A)12 as of Mar 28, 2020
Mar 28, 20135 then
Private funds: no history
RAUM +10% over the last fiscal year+6.0% a year over threeIARs 9 to 10
Practice profile
derived from the filing of Dec 2, 2020; every figure names its basis
RAUM per advisor
$67.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
25derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.4MderivedHNW RAUM over HNW clients
Average account
$715,108derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
5.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+10%derivedbetween the last two annual amendments
Advisor growth, one year
+11%derivedItem 5.B.3 between annual amendments
Client growth, one year
+15%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
Custody
$678M, 256 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$630M93%
  • Individuals$44.4M6.6%
  • Pension and profit-sharing plans$2.4M0.3%
  • Charitable organizations$1.1M0.2%
  • Insurance companies$255,5730.0%
Individual clients
108reported
HNW clients
144reported
Pension plan clients
1reported
Charitable clients
2reported
Accounts
948reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$678M for 256 clientsreported
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
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
    • Aaron Matthew Hall · Co-Founder, President And Chief Executive Officercontrol
      since 06/2005 · owns 75% or more
    • Patrick John Reagan · Membercontrol
      since 02/2016 · owns 10% to 25%
    • Swanson Nell Schiffer · Chief Compliance Officer And Chief Operating Officercontrol
      since 12/2017 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    • Houston, TX2 employees
    What changed
    consecutive filings, newest first
    • Accounts · 1,003 to 948
      Mar 13, 2020 to Mar 28, 2020
    • Charity clients · 0 to 2
      Mar 13, 2020 to Mar 28, 2020
    • HNW clients · 115 to 144
      Mar 13, 2020 to Mar 28, 2020
    • Individual clients · 105 to 108
      Mar 13, 2020 to Mar 28, 2020
    • Pension plan clients · 3 to 1
      Mar 13, 2020 to Mar 28, 2020
    • Assets in custody · $616M to $678M
      Mar 13, 2020 to Mar 28, 2020
    • Custody of client assets · true to false
      Mar 13, 2020 to Mar 28, 2020
    • Financial planning clients · 0 to 251-500
      Mar 13, 2020 to Mar 28, 2020
    • Discretionary RAUM · $616M to $678M
      Mar 13, 2020 to Mar 28, 2020
    • HNW RAUM · $567M to $630M
      Mar 13, 2020 to Mar 28, 2020
    • Individual RAUM · $40.0M to $44.4M
      Mar 13, 2020 to Mar 28, 2020
    • Pension RAUM · $8.5M to $2.4M
      Mar 13, 2020 to Mar 28, 2020
    • RAUM · $616M to $678M
      Mar 13, 2020 to Mar 28, 2020
    • Custody of client assets · false to true
      Mar 28, 2020 to Mar 28, 2020
    • Advisory activities · 3 to 4
      Jan 15, 2020 to Mar 13, 2020
    • Financial planning clients · unset to 0
      Jan 15, 2020 to Mar 13, 2020
    • Advisory employees · 9 to 10
      Dec 13, 2019 to Dec 26, 2019
    • Employees · 11 to 12
      Dec 13, 2019 to Dec 26, 2019
    • State-registered IARs · 9 to 10
      Dec 13, 2019 to Dec 26, 2019
    • Advisory employees · 8 to 9
      Aug 13, 2019 to Aug 26, 2019
    • Employees · 10 to 11
      Aug 13, 2019 to Aug 26, 2019
    • State-registered IARs · 8 to 9
      Aug 13, 2019 to Aug 26, 2019
    • Advisory employees · 9 to 8
      Jul 17, 2019 to Jul 19, 2019
    • Employees · 11 to 10
      Jul 17, 2019 to Jul 19, 2019
    • State-registered IARs · 9 to 8
      Jul 17, 2019 to Jul 19, 2019
    • Accounts · 721 to 1,003
      Sep 20, 2018 to Mar 16, 2019
    • Charity clients · unset to 0.0
      Sep 20, 2018 to Mar 16, 2019
    • Corporate clients · unset to 0.0
      Sep 20, 2018 to Mar 16, 2019
    • HNW clients · 116 to 115
      Sep 20, 2018 to Mar 16, 2019
    • Individual clients · 52 to 105
      Sep 20, 2018 to Mar 16, 2019
    • Pension plan clients · unset to 3.0
      Sep 20, 2018 to Mar 16, 2019
    • Pooled vehicle clients · unset to 0.0
      Sep 20, 2018 to Mar 16, 2019
    • Assets in custody · $641M to $616M
      Sep 20, 2018 to Mar 16, 2019
    • Discretionary RAUM · $631M to $616M
      Sep 20, 2018 to Mar 16, 2019
    • HNW RAUM · $600M to $567M
      Sep 20, 2018 to Mar 16, 2019
    • Individual RAUM · $30.6M to $40.0M
      Sep 20, 2018 to Mar 16, 2019
    • Pension RAUM · unset to 8500000.0
      Sep 20, 2018 to Mar 16, 2019
    • Pooled vehicle RAUM · unset to 0.0
      Sep 20, 2018 to Mar 16, 2019
    • RAUM · $631M to $616M
      Sep 20, 2018 to Mar 16, 2019
    • Advisory employees · 8 to 9
      Aug 30, 2018 to Sep 20, 2018
    Signals
    2 dated events
    • Newell Richard Hill (Founding Member) no longer on Schedule A of Hill Investment Group (listed 2020-08-28, absent 2020-11-05)
      Nov 5, 2020 · Control person left · inference
    • Stanton Henry Bragg (Member) no longer on Schedule A of Hill Investment Group (listed 2020-08-28, absent 2020-11-05)
      Nov 5, 2020 · Control person left · inference
    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