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

Bell Rock Capital, LLC

Former SEC-registered adviserRehoboth Beach, DelawareCRD 139163SEC 801-65934IAPD
Latest filing Jul 19, 2023
First filing on the tape Feb 6, 2012 · 45 filings
RAUM
$193M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
92%
$176M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
45 filings and snapshots on the tape
RAUM$193M as of Feb 21, 2023
Feb 6, 2012$223M then
HNW client RAUM$128M as of Feb 21, 2023
Mar 27, 2018$123M then
State-registered IARs (5.B.3)2 as of Feb 21, 2023
Jan 31, 20132 then
Employees (5.A)6 as of Feb 21, 2023
Jan 31, 20134 then
Private funds: no history
RAUM -19% over the last fiscal year+3.6% a year over threeIARs 3 to 2offices 3 to 2
Practice profile
derived from the filing of Jul 19, 2023; every figure names its basis
RAUM per advisor
$96.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
146derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$269,921derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
8.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
0.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
-19%derivedbetween the last two annual amendments
Advisor growth, one year
-33%derivedItem 5.B.3 between annual amendments
Client growth, one year
-3.0%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
$1.0M, 9 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$128M67%
  • Individuals$48.0M25%
  • Pension and profit-sharing plans$16.3M8.5%
Individual clients
233reported
HNW clients
58reported
Pension plan clients
69reported
Charitable clients
n/areported
Accounts
714reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$1.0M for 9 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
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
    • Kerry Jacquelyn Blue · Chief Financial Officer, Chief Operations Officer, Chief Compliance Officer (Cco Effective July 1, 2019)control
      since 01/2010 · owns less than 5%
    • Jacqueline Reeves · Managing Directorcontrol
      since 02/2021 · owns less than 5%
    • Cassandra Marguerite Toroian · Managing Membercontrol
      since 10/2005 · owns 75% or more
    Entity owners
    • Malvern Bank National Association · Member
      direct · owns 10% to 25% · public reporting company
    Related persons
    Schedule D 7.A
    • Andres Felipe Bonell
      investment companyy
    • Bell Rock Insurance Agency, LLC
      real estatey
    Offices
    Schedule D 1.F, the 25 largest
    • Boca Raton, FL2 employees
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Other offices · 3 to 2
      Feb 21, 2023 to Jul 19, 2023
    • Accounts · 735 to 714
      Sep 14, 2022 to Feb 21, 2023
    • Advisory employees · 6 to 5
      Sep 14, 2022 to Feb 21, 2023
    • HNW clients · 39 to 58
      Sep 14, 2022 to Feb 21, 2023
    • Individual clients · 261 to 233
      Sep 14, 2022 to Feb 21, 2023
    • Pension plan clients · 83 to 69
      Sep 14, 2022 to Feb 21, 2023
    • Assets in custody · $39.1M to $1.0M
      Sep 14, 2022 to Feb 21, 2023
    • Financial planning clients · 1-10 to 0
      Sep 14, 2022 to Feb 21, 2023
    • State-registered IARs · 3 to 2
      Sep 14, 2022 to Feb 21, 2023
    • Discretionary RAUM · $238M to $193M
      Sep 14, 2022 to Feb 21, 2023
    • HNW RAUM · $133M to $128M
      Sep 14, 2022 to Feb 21, 2023
    • Individual RAUM · $84.5M to $48.0M
      Sep 14, 2022 to Feb 21, 2023
    • Pension RAUM · $20.1M to $16.3M
      Sep 14, 2022 to Feb 21, 2023
    • RAUM · $238M to $193M
      Sep 14, 2022 to Feb 21, 2023
    • Accounts · 795 to 735
      Oct 27, 2021 to Feb 3, 2022
    • Advisory employees · 5 to 6
      Oct 27, 2021 to Feb 3, 2022
    • HNW clients · 29 to 39
      Oct 27, 2021 to Feb 3, 2022
    • Individual clients · 249 to 261
      Oct 27, 2021 to Feb 3, 2022
    • Pension plan clients · 194 to 83
      Oct 27, 2021 to Feb 3, 2022
    • Assets in custody · $33.3M to $39.1M
      Oct 27, 2021 to Feb 3, 2022
    • Employees · 9 to 6
      Oct 27, 2021 to Feb 3, 2022
    • Financial planning clients · 0 to 1-10
      Oct 27, 2021 to Feb 3, 2022
    • State-registered IARs · 5 to 3
      Oct 27, 2021 to Feb 3, 2022
    • Discretionary RAUM · $199M to $238M
      Oct 27, 2021 to Feb 3, 2022
    • HNW RAUM · $86.7M to $133M
      Oct 27, 2021 to Feb 3, 2022
    • Individual RAUM · $91.1M to $84.5M
      Oct 27, 2021 to Feb 3, 2022
    • Pension RAUM · $20.9M to $20.1M
      Oct 27, 2021 to Feb 3, 2022
    • RAUM · $199M to $238M
      Oct 27, 2021 to Feb 3, 2022
    • Accounts · 754 to 795
      Nov 4, 2020 to Feb 19, 2021
    • Advisory employees · 6 to 5
      Nov 4, 2020 to Feb 19, 2021
    • HNW clients · 33 to 29
      Nov 4, 2020 to Feb 19, 2021
    • Individual clients · 231 to 249
      Nov 4, 2020 to Feb 19, 2021
    • Pension plan clients · 182 to 194
      Nov 4, 2020 to Feb 19, 2021
    • Assets in custody · $5.2M to $33.3M
      Nov 4, 2020 to Feb 19, 2021
    • State-registered IARs · 6 to 5
      Nov 4, 2020 to Feb 19, 2021
    • Discretionary RAUM · $173M to $199M
      Nov 4, 2020 to Feb 19, 2021
    • HNW RAUM · $89.6M to $86.7M
      Nov 4, 2020 to Feb 19, 2021
    • Individual RAUM · $64.3M to $91.1M
      Nov 4, 2020 to Feb 19, 2021
    • Pension RAUM · $19.5M to $20.9M
      Nov 4, 2020 to Feb 19, 2021
    • RAUM · $173M to $199M
      Nov 4, 2020 to Feb 19, 2021
    Signals
    6 dated events
    • Andres Felipe Bonell left Bell Rock Capital, Llc for Bryn Mawr Trust Advisors, Llc (registered 2023-08-24)
      Aug 9, 2023 · Advisor changed firm · fact
    • Sara L Lawson left Bell Rock Capital, Llc for Bryn Mawr Trust Advisors, Llc (registered 2023-08-08)
      Aug 9, 2023 · Advisor changed firm · fact
    • Jacqueline Reeves left Bell Rock Capital, Llc for Bryn Mawr Trust Advisors, Llc (registered 2023-08-28)
      Aug 9, 2023 · Advisor changed firm · fact
    • Jacquelyn Kerry Blue left Bell Rock Capital, Llc for Bryn Mawr Trust Advisors, Llc (registered 2023-08-08)
      Aug 9, 2023 · Advisor changed firm · fact
    • Bell Rock Capital, LLC's advisors moved to Bryn Mawr Trust Advisors, LLC (Rehoboth Beach, DE): 3 of 4 registered, on the same day
      Aug 9, 2023 · Firm absorbed (people side) · derived
    • Jacqueline Reeves (Managing Director) appeared on Schedule A of Bell Rock Capital, Llc
      Feb 19, 2021 · Control person joined · fact
    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