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

First Allied Advisory Services, Inc.

Former SEC-registered adviserSan Diego, CaliforniaCRD 137888SEC 801-66653IAPD
Latest filing Nov 16, 2020
First filing on the tape Nov 15, 2011 · 67 filings
RAUM
$7.0B
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
95%
$6.7B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
564
510 advisory (5.B.1)
Offices
359
beyond the principal office
Private funds
0
reported on Schedule D
History
67 filings and snapshots on the tape
RAUM$7.0B as of Mar 28, 2020
Mar 30, 2012$851M then
HNW client RAUM$2.7B as of Mar 28, 2020
Mar 28, 2018$2.0B then
State-registered IARs (5.B.3)564 as of Mar 28, 2020
Apr 1, 2013768 then
Employees (5.A)564 as of Mar 28, 2020
Apr 1, 2013770 then
Private funds: no history
RAUM +17% over the last fiscal year+16% a year over threeIARs 609 to 564offices 392 to 359
Practice profile
derived from the filing of Nov 16, 2020; every figure names its basis
RAUM per advisor
$12.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
52derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$563,080derivedHNW RAUM over HNW clients
Average account
$236,434derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
1.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.6derived360 offices incl. principal (1.F.5)
RAUM growth, one year
+17%derivedbetween the last two annual amendments
Advisor growth, one year
-7.4%derivedItem 5.B.3 between annual amendments
Client growth, one year
-1.6%derived
Compensation
percentage of assets, hourly, fixed fees, commissionsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminarsreportedItem 5.G
Financial planning clients
1,000reportedItem 5.H
Wrap fee program
$3.8BreportedItem 5.I
Custody
yesreportedItem 9.A
Ownership
controlled by a public reporting companyderived
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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$4.0B57%
  • High-net-worth individuals$2.7B39%
  • Corporations and businesses$212M3.0%
  • Pension and profit-sharing plans$101M1.4%
  • Charitable organizations$3.1M0.0%
Individual clients
24,347reported
HNW clients
4,788reported
Pension plan clients
201reported
Charitable clients
9reported
Accounts
29,608reported
Financial planning clients
1,000reported
Wrap fee programs
$808M sponsored, $0 managedreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, fixed, hourly, commissionsreported
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
Joined, 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
  • Gregory Matthew Bregozzo · Chief Compliance Officercontrol
    since 10/2018 · owns less than 5%
  • Lamar Brett Harrison · Ceocontrol
    since 03/2017 · owns less than 5%
  • Daniel Joseph Neary · Manager/Directorcontrol
    since 05/2019 · owns less than 5%
  • Edward Gregory Olson · Assistant Secretarycontrol
    since 07/2016 · owns less than 5%
  • Frances Mary Schott · Presidentcontrol
    since 03/2018 · owns less than 5%
  • Paul Mark Shelson · Treasurercontrol
    since 07/2016 · owns less than 5%
  • Robert Stanley Smiley · Vice Presidentcontrol
    since 07/2016 · owns less than 5%
Entity owners
  • Fas Holdings, Inc. · Sole Shareholder
    direct · owns 75% or more
  • Aretec Group, Inc. · Sole Member
    indirect · owns 75% or more of Cetera First Holdings, Inc.
  • Cetera First Holdings, Inc. · Sole Member
    indirect · owns 75% or more of First Allied Holdings Inc.
  • First Allied Holdings Inc. · Sole Shareholder
    indirect · owns 75% or more of Fas Holdings, Inc.
Related persons
Schedule D 7.A
Advisers that list First Allied Advisory Services, Inc. as a related person
Offices
Schedule D 1.F, the 25 largest
  • Indianapolis, IN12 employees
  • Staten Island, NY11 employees
  • Bloomfield Hills, MI10 employees
  • Austin, TX8 employees
  • Texas City, TX7 employees
  • Livonia, MI7 employees
  • New York, NY6 employees
  • Bellevue, WA6 employees
  • New York, NY6 employees
  • Deerfield, IL6 employees
  • San Diego, CA5 employees
  • Friendswood, TX5 employees
  • Deer Park, TX5 employees
  • Orange, CA5 employees
  • Sacramento, CA5 employees
  • Eatontown, NJ5 employees
  • Grosse Pointe Farms, MI5 employees
  • Red Bank, NJ4 employees
  • Bloomfield Hills, MI4 employees
  • Honolulu, HI4 employees
  • Redwood Shores, CA4 employees
  • Seattle, WA4 employees
  • New York, NY4 employees
  • Warminster, PA4 employees
  • Iselin, NJ4 employees
What changed
consecutive filings, newest first
  • Accounts · 30,127 to 29,608
    Jan 31, 2020 to Mar 28, 2020
  • Advisory employees · 553 to 510
    Jan 31, 2020 to Mar 28, 2020
  • BD registered reps · 606 to 561
    Jan 31, 2020 to Mar 28, 2020
  • Charity clients · 16 to 9
    Jan 31, 2020 to Mar 28, 2020
  • Corporate clients · 271 to 263
    Jan 31, 2020 to Mar 28, 2020
  • HNW clients · 4,999 to 4,788
    Jan 31, 2020 to Mar 28, 2020
  • Individual clients · 24,609 to 24,347
    Jan 31, 2020 to Mar 28, 2020
  • Pension plan clients · 232 to 201
    Jan 31, 2020 to Mar 28, 2020
  • Pooled vehicle clients · 0.0 to unset
    Jan 31, 2020 to Mar 28, 2020
  • Employees · 609 to 564
    Jan 31, 2020 to Mar 28, 2020
  • Insurance-licensed employees · 125 to 88
    Jan 31, 2020 to Mar 28, 2020
  • State-registered IARs · 609 to 564
    Jan 31, 2020 to Mar 28, 2020
  • Other offices · 392 to 359
    Jan 31, 2020 to Mar 28, 2020
  • Discretionary RAUM · $5.9B to $6.9B
    Jan 31, 2020 to Mar 28, 2020
  • HNW RAUM · $2.3B to $2.7B
    Jan 31, 2020 to Mar 28, 2020
  • Individual RAUM · $3.4B to $4.0B
    Jan 31, 2020 to Mar 28, 2020
  • Non-discretionary RAUM · $74.2M to $150M
    Jan 31, 2020 to Mar 28, 2020
  • Pension RAUM · $103M to $101M
    Jan 31, 2020 to Mar 28, 2020
  • Pooled vehicle RAUM · 0.0 to unset
    Jan 31, 2020 to Mar 28, 2020
  • RAUM · $6.0B to $7.0B
    Jan 31, 2020 to Mar 28, 2020
  • Wrap assets (sponsor) · $952M to $808M
    Jan 31, 2020 to Mar 28, 2020
  • Accounts · 27,866 to 30,127
    Oct 24, 2018 to Mar 29, 2019
  • Advisory employees · 588 to 553
    Oct 24, 2018 to Mar 29, 2019
  • BD registered reps · 636 to 606
    Oct 24, 2018 to Mar 29, 2019
  • Charity clients · 14 to 16
    Oct 24, 2018 to Mar 29, 2019
  • Corporate clients · 250 to 271
    Oct 24, 2018 to Mar 29, 2019
  • HNW clients · 3,742 to 4,999
    Oct 24, 2018 to Mar 29, 2019
  • Individual clients · 23,612 to 24,609
    Oct 24, 2018 to Mar 29, 2019
  • Pension plan clients · 248 to 232
    Oct 24, 2018 to Mar 29, 2019
  • Employees · 651 to 609
    Oct 24, 2018 to Mar 29, 2019
  • Insurance-licensed employees · 89 to 125
    Oct 24, 2018 to Mar 29, 2019
  • State-registered IARs · 641 to 609
    Oct 24, 2018 to Mar 29, 2019
  • Other offices · 549 to 392
    Oct 24, 2018 to Mar 29, 2019
  • Discretionary RAUM · $5.8B to $5.9B
    Oct 24, 2018 to Mar 29, 2019
  • HNW RAUM · $2.0B to $2.3B
    Oct 24, 2018 to Mar 29, 2019
  • Individual RAUM · $3.5B to $3.4B
    Oct 24, 2018 to Mar 29, 2019
  • Non-discretionary RAUM · $40.6M to $74.2M
    Oct 24, 2018 to Mar 29, 2019
  • Pension RAUM · $103M to $103M
    Oct 24, 2018 to Mar 29, 2019
  • RAUM · $5.8B to $6.0B
    Oct 24, 2018 to Mar 29, 2019
  • Wrap assets (manager) · $3.7B to $0
    Oct 24, 2018 to Mar 29, 2019
Signals
5 dated events
  • First Allied Advisory Services, Inc. reported 359 offices beyond its principal office, down from 392 (2020-01-31 to 2020-03-28)
    Mar 28, 2020 · Office count change · derived
  • Nicholas Adam Antoniades (Director) no longer on Schedule A of First Allied Advisory Services, Inc. (listed 2019-04-09, absent 2019-09-03)
    Sep 3, 2019 · Control person left · inference
  • Daniel Joseph Neary (Manager/Director) appeared on Schedule A of First Allied Advisory Services, Inc.
    Sep 3, 2019 · Control person joined · fact
  • First Allied Advisory Services, Inc. reported 392 offices beyond its principal office, down from 549 (2018-10-24 to 2019-03-29)
    Mar 29, 2019 · Office count change · derived
  • First Allied Advisory Services, Inc. reported RAUM $5.8B, up 29% from $4.5B (2017-12-19 to 2018-03-28)
    Mar 28, 2018 · RAUM 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.
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