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.

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SEC-registered adviser

A•••• I••••••••• A•••••••• L••

Asset manager (funds and pooled vehicles)Laurel, MarylandCRD 139652SEC 801-66595websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 23, 2012 · 25 filings
SEC status approved since Apr 24, 2006
RAUM
$377M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
10
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$377M as of Mar 31, 2026
Mar 23, 2012$804M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 23, 20120 then
Employees (5.A)10 as of Mar 31, 2026
Mar 27, 201323 then
Private funds: no history
RAUM +7.2% over the last fiscal year-1.9% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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)
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$189MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+7.2%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for investment companiesreportedItem 5.G
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
  • is a broker-dealer (6.A.1)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$377M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=5.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B••••••• J•••••• J••• · Managing Member, Chief Executive Officer, Presidentcontrol
    since 12/2007 · owns 75% or more
  • L••••• C••••••••• H•••• · Chief Compliance Officercontrol
    since 07/2021 · owns less than 5%
  • S••••••••• J•••• R•••• · Managing Member, Director Of Researchcontrol
    since 02/2007 · owns less than 5%
Related persons
Schedule D 7.A
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Discretionary RAUM · $352M to $377M
    Mar 31, 2025 to Mar 31, 2026
  • RAUM · $352M to $377M
    Mar 31, 2025 to Mar 31, 2026
  • Advisory employees · 5 to 4
    Apr 1, 2024 to Mar 31, 2025
  • BD registered reps · 3 to 5
    Apr 1, 2024 to Mar 31, 2025
  • Employees · 12 to 10
    Apr 1, 2024 to Mar 31, 2025
  • Financial planning clients · unset to
    Apr 1, 2024 to Mar 31, 2025
  • Discretionary RAUM · $0 to $352M
    Apr 1, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $324M to $0
    Apr 1, 2024 to Mar 31, 2025
  • RAUM · $324M to $352M
    Apr 1, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $400M to $324M
    Jan 29, 2024 to Apr 1, 2024
  • RAUM · $400M to $324M
    Jan 29, 2024 to Apr 1, 2024
  • Accounts · 8 to 2
    Apr 1, 2022 to Mar 31, 2023
  • BD registered reps · 5 to 3
    Apr 1, 2022 to Mar 31, 2023
  • Employees · 10 to 12
    Apr 1, 2022 to Mar 31, 2023
  • Discretionary RAUM · $325M to $0
    Apr 1, 2022 to Mar 31, 2023
  • Non-discretionary RAUM · $0 to $400M
    Apr 1, 2022 to Mar 31, 2023
  • RAUM · $325M to $400M
    Apr 1, 2022 to Mar 31, 2023
  • Advisory employees · 4 to 5
    Aug 17, 2021 to Apr 1, 2022
  • Employees · 11 to 10
    Aug 17, 2021 to Apr 1, 2022
  • Discretionary RAUM · $301M to $325M
    Aug 17, 2021 to Apr 1, 2022
  • RAUM · $301M to $325M
    Aug 17, 2021 to Apr 1, 2022
  • Accounts · 10 to 8
    Dec 3, 2020 to Mar 30, 2021
  • Advisory employees · 5 to 4
    Dec 3, 2020 to Mar 30, 2021
  • Employees · 13 to 11
    Dec 3, 2020 to Mar 30, 2021
  • Discretionary RAUM · $415M to $301M
    Dec 3, 2020 to Mar 30, 2021
  • RAUM · $415M to $301M
    Dec 3, 2020 to Mar 30, 2021
  • BD registered reps · 7 to 5
    Mar 29, 2019 to Mar 30, 2020
  • Employees · 14 to 13
    Mar 29, 2019 to Mar 30, 2020
  • Discretionary RAUM · $489M to $415M
    Mar 29, 2019 to Mar 30, 2020
  • RAUM · $489M to $415M
    Mar 29, 2019 to Mar 30, 2020
  • Accounts · 9 to 10
    Feb 8, 2018 to Mar 29, 2019
  • BD registered reps · 11 to 7
    Feb 8, 2018 to Mar 29, 2019
  • Employees · 21 to 14
    Feb 8, 2018 to Mar 29, 2019
  • Discretionary RAUM · $662M to $489M
    Feb 8, 2018 to Mar 29, 2019
  • RAUM · $662M to $489M
    Feb 8, 2018 to Mar 29, 2019
  • Accounts · 8 to 9
    Apr 17, 2017 to Feb 8, 2018
  • BD registered reps · 12 to 11
    Apr 17, 2017 to Feb 8, 2018
  • Employees · 26 to 21
    Apr 17, 2017 to Feb 8, 2018
  • Other offices · unset to 0.0
    Apr 17, 2017 to Feb 8, 2018
  • Discretionary RAUM · $747M to $662M
    Apr 17, 2017 to Feb 8, 2018
Signals
8 dated events
  • Barth Scott Widder (President Of Sales) no longer on Schedule A of A•••• I••••••••• A•••••••• L•• (listed 2023-03-31, absent 2023-03-31)
    Mar 31, 2023 · Control person left · inference
  • E Kristin Stelljes (Chief Compliance Officer) no longer on Schedule A of A•••• I••••••••• A•••••••• L•• (listed 2021-08-17, absent 2022-04-01)
    Apr 1, 2022 · Control person left · inference
  • Hardy Christopher Lewis (Chief Compliance Officer) appeared on Schedule A of A•••• I••••••••• A•••••••• L••
    Apr 1, 2022 · Control person joined · fact
  • Louis Jacob Griffith (Owner) no longer on Schedule A of A•••• I••••••••• A•••••••• L•• (listed 2021-08-17, absent 2022-04-01)
    Apr 1, 2022 · Control person left · inference
  • A•••• I••••••••• A•••••••• L•• reported RAUM $300.5M, down 28% from $414.7M (2020-12-03 to 2021-03-30)
    Mar 30, 2021 · RAUM change · derived
  • Ralph John Serrapere (Managing Member, Director Of Research) appeared on Schedule A of A•••• I••••••••• A•••••••• L••
    Oct 19, 2020 · Control person joined · fact
  • Barth Scott Widder (President Of Sales) appeared on Schedule A of A•••• I••••••••• A•••••••• L••
    Oct 19, 2020 · Control person joined · fact
  • A•••• I••••••••• A•••••••• L•• reported RAUM $489.5M, down 26% from $662.4M (2018-02-08 to 2019-03-29)
    Mar 29, 2019 · 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.
How to reach
public business contact points only, each with its source
Website
A••••FUNDS.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
301-260-1001reportedpublic record, Form ADV, Mar 31, 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
Asset manager (funds and pooled vehicles)deriveda 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