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

Ic Advisory Services, Inc.

Former SEC-registered adviserBedminster, New JerseyCRD 140190SEC 801-66512websiteIAPD
Latest filing Mar 31, 2025
First filing on the tape Mar 30, 2012 · 26 filings
SEC status approved since Apr 13, 2006
RAUM
$2.1B
reported, Item 5.F
Discretionary
82%
of RAUM
Private clients
96%
$2.0B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
220
198 advisory (5.B.1)
Offices
179
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$2.1B as of Mar 31, 2025
Mar 30, 2012$859M then
HNW client RAUM$1.0B as of Mar 31, 2025
Mar 29, 2018$135M then
State-registered IARs (5.B.3)198 as of Mar 31, 2025
Mar 22, 2013180 then
Employees (5.A)220 as of Mar 31, 2025
Mar 22, 2013189 then
Private funds: no history
RAUM -4.0% over the last fiscal year+0.0% a year over threeIARs 191 to 198
Practice profile
derived from the filing of Mar 31, 2025; every figure names its basis
RAUM per advisor
$10.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
27derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$989,801derivedHNW RAUM over HNW clients
Average account
$372,000derivedRAUM over accounts (5.F.2.f)
Discretionary
82%derivedof RAUM
Institutional
3.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.1derivedItem 5.A over advisors
Advisors per office
1.1derived180 offices incl. principal (1.F.5)
RAUM growth, one year
-4.0%derivedbetween the last two annual amendments
Advisor growth, one year
+3.7%derivedItem 5.B.3 between annual amendments
Client growth, one year
-7.7%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 advisersreportedItem 5.G
Financial planning clients
657reportedItem 5.H
Wrap fee program
$2.1BreportedItem 5.I
Custody
$9.5M, 6 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.0B51%
  • Individuals$930M45%
  • Pension and profit-sharing plans$31.6M1.5%
  • Charitable organizations$29.6M1.4%
  • Corporations and businesses$25.0M1.2%
Individual clients
4,383reported
HNW clients
1,051reported
Pension plan clients
62reported
Charitable clients
13reported
Accounts
5,528reported
Financial planning clients
657reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$9.5M for 6 clientsreported
Compensation
% of AUM, fixed, hourlyreported
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
  • James Ralph Devito · Directorcontrol
    since 01/2006 · owns less than 5%
  • Andrew Douglas Wright · Chief Compliance Officercontrol
    since 01/2006 · owns less than 5%
  • James Ralph Devito · Trusteecontrol
    since 02/2020 · owns F of Ralph Devito Family Trust
Entity owners
  • Ic Financial, Inc. · Sole Shareholder
    direct · owns 75% or more
  • Ralph Devito Family Trust · Owner
    indirect · owns 75% or more of Ic Financial, Inc.
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Bala Cynwyd, Pa000
Bedminster, Nj · principal000
Canonsburg, Pa000
Cedar Knolls, Nj000
Chester, Nj000
Del Ray Beach, Fl000
Fountainville, Pa000
Heidelberg, Deu000
Hendersonville, Nc000
Homosassa, Fl000
Jericho, Ny000
Kingsport, Tn000
La Plata, Md000
Las Vegas, Nv000
Livingston, Nj000
Manalapan, Nj000
Melvile, Ny000
Monte Santa Maria Tiberina000
Oceanside, Ca000
Princeton, Nj000
All 26 offices
Offices
Schedule D 1.F, the 25 largest
  • , 8 employees
  • Lancaster, PA7 employees
  • Panama City, Panama5 employees
  • Mountainside, NJ4 employees
  • Charlotte, NC4 employees
  • Bala Cynwyd, PA4 employees
  • Wall, NJ3 employees
  • Sarasota, FL3 employees
  • Amherst, NY3 employees
  • Auburn, MA2 employees
  • Somerville, NJ2 employees
  • Hauppauge, NY2 employees
  • Webster, MA2 employees
  • Albany, NY2 employees
  • Spring Lake Heights, NJ2 employees
  • Washington, IL2 employees
  • Woodbridge, NJ2 employees
  • Bridgewater, NJ2 employees
  • Monongahela, PA2 employees
  • La Plata, MD2 employees
  • East Islip, NY2 employees
  • Plattsburgh, NY2 employees
  • Fountainville, PA2 employees
  • Kenilworth, NJ2 employees
  • Bonita Springs, FL2 employees
What changed
consecutive filings, newest first
  • Accounts · 6,011 to 5,528
    Apr 2, 2024 to Mar 31, 2025
  • Advisory employees · 191 to 198
    Apr 2, 2024 to Mar 31, 2025
  • Corporate clients · 26 to 19
    Apr 2, 2024 to Mar 31, 2025
  • HNW clients · 1,030 to 1,051
    Apr 2, 2024 to Mar 31, 2025
  • Individual clients · 4,859 to 4,383
    Apr 2, 2024 to Mar 31, 2025
  • Pension plan clients · 83 to 62
    Apr 2, 2024 to Mar 31, 2025
  • Assets in custody · $10.5M to $9.5M
    Apr 2, 2024 to Mar 31, 2025
  • Insurance-licensed employees · 4 to 2
    Apr 2, 2024 to Mar 31, 2025
  • Financial planning clients · 101-250 to More than 500
    Apr 2, 2024 to Mar 31, 2025
  • State-registered IARs · 191 to 198
    Apr 2, 2024 to Mar 31, 2025
  • Discretionary RAUM · $1.7B to $1.7B
    Apr 2, 2024 to Mar 31, 2025
  • HNW RAUM · $1.1B to $1.0B
    Apr 2, 2024 to Mar 31, 2025
  • Individual RAUM · $993M to $930M
    Apr 2, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $407M to $364M
    Apr 2, 2024 to Mar 31, 2025
  • Pension RAUM · $42.0M to $31.6M
    Apr 2, 2024 to Mar 31, 2025
  • RAUM · $2.1B to $2.1B
    Apr 2, 2024 to Mar 31, 2025
  • Accounts · 5,736 to 6,011
    Mar 31, 2023 to Mar 29, 2024
  • Advisory employees · 195 to 191
    Mar 31, 2023 to Mar 29, 2024
  • BD registered reps · 225 to 220
    Mar 31, 2023 to Mar 29, 2024
  • Charity clients · 10 to 13
    Mar 31, 2023 to Mar 29, 2024
  • Corporate clients · 20 to 26
    Mar 31, 2023 to Mar 29, 2024
  • HNW clients · 858 to 1,030
    Mar 31, 2023 to Mar 29, 2024
  • Individual clients · 4,760 to 4,859
    Mar 31, 2023 to Mar 29, 2024
  • Pension plan clients · 88 to 83
    Mar 31, 2023 to Mar 29, 2024
  • Assets in custody · $9.4M to $10.5M
    Mar 31, 2023 to Mar 29, 2024
  • Employees · 225 to 220
    Mar 31, 2023 to Mar 29, 2024
  • State-registered IARs · 207 to 191
    Mar 31, 2023 to Mar 29, 2024
  • Discretionary RAUM · $1.4B to $1.7B
    Mar 31, 2023 to Mar 29, 2024
  • HNW RAUM · $794M to $1.1B
    Mar 31, 2023 to Mar 29, 2024
  • Individual RAUM · $917M to $993M
    Mar 31, 2023 to Mar 29, 2024
  • Non-discretionary RAUM · $351M to $407M
    Mar 31, 2023 to Mar 29, 2024
  • Pension RAUM · $35.9M to $42.0M
    Mar 31, 2023 to Mar 29, 2024
  • RAUM · $1.8B to $2.1B
    Mar 31, 2023 to Mar 29, 2024
  • Accounts · 5,601 to 5,736
    Nov 2, 2022 to Mar 28, 2023
  • Advisory employees · 192 to 195
    Nov 2, 2022 to Mar 28, 2023
  • Advisory activities · 6 to 5
    Nov 2, 2022 to Mar 28, 2023
  • BD registered reps · 250 to 225
    Nov 2, 2022 to Mar 28, 2023
  • Charity clients · 8 to 10
    Nov 2, 2022 to Mar 28, 2023
  • Corporate clients · 18 to 20
    Nov 2, 2022 to Mar 28, 2023
  • HNW clients · 1,005 to 858
    Nov 2, 2022 to Mar 28, 2023
Signals
60 dated events
  • Andre Krause left Ic Advisory Services, Inc. for Cetera Investment Advisers Llc (registered 2025-03-28)
    Aug 19, 2025 · Advisor changed firm · fact
  • Ic Advisory Services, Inc. no longer on the SEC adviser roster (last listed 2025-07-01, RAUM $2.1B)
    Aug 1, 2025 · Left the SEC roster · derived
  • Douglas Wright left Ic Advisory Services, Inc. for Lpl Financial Llc (registered 2025-03-10)
    Jul 1, 2025 · Advisor changed firm · fact
  • Marc Andrew Lefurge left Ic Advisory Services, Inc. for Cambridge Investment Research Advisors, Inc. (registered 2025-10-01)
    Mar 12, 2025 · Advisor changed firm · fact
  • Jason Alexander Driver no longer registered at Ic Advisory Services, Inc.; no later IA registration on IAPD
    Mar 12, 2025 · Advisor departure · fact
  • Gary William Medley left Ic Advisory Services, Inc. for Medley Advisory, Llc (registered 2021-01-06)
    Mar 6, 2025 · Advisor changed firm · fact
  • Peter George Neuberg left Ic Advisory Services, Inc. for United Planners' Financial Services Of America A Limited Partner (registered 2026-01-01)
    Mar 3, 2025 · Advisor changed firm · fact
  • Arthur Paul Forget left Ic Advisory Services, Inc. for Vanderbilt Advisory Services (registered 2025-03-03)
    Mar 3, 2025 · Advisor changed firm · fact
  • David Swee Hock Lim left Ic Advisory Services, Inc. for Expatriate Financial Strategies Llc (registered 2025-03-17)
    Mar 3, 2025 · Advisor changed firm · fact
  • David Michael Mc Corison left Ic Advisory Services, Inc. for Independent Financial Group, Llc (registered 2025-02-27)
    Feb 27, 2025 · Advisor changed firm · fact
  • Donald Michael Keegan left Ic Advisory Services, Inc. for Centaurus Financial, Inc. (registered 2025-02-28)
    Feb 21, 2025 · Advisor changed firm · fact
  • Charles Paul Kateridge left Ic Advisory Services, Inc. for Centaurus Financial, Inc. (registered 2025-02-21)
    Feb 21, 2025 · Advisor changed firm · fact
  • John Lawrence Sciancalepore left Ic Advisory Services, Inc. for J. W. Cole Advisors, Inc. (registered 2025-03-03)
    Feb 13, 2025 · Advisor changed firm · fact
  • Gemma Marie Boyce left Ic Advisory Services, Inc. for Cetera Investment Advisers Llc (registered 2025-02-07)
    Feb 10, 2025 · Advisor changed firm · fact
  • Michael Richard Georgino left Ic Advisory Services, Inc. for Avantax Advisory Services (registered 2025-02-10)
    Feb 10, 2025 · Advisor changed firm · fact
  • Stephen Clyde Mcnutt left Ic Advisory Services, Inc. for Equitable Advisors, Llc (registered 2025-02-10)
    Feb 5, 2025 · Advisor changed firm · fact
  • Shatorupa Ray Chaudhury left Ic Advisory Services, Inc. for Cambridge Investment Research Advisors, Inc. (registered 2025-02-06)
    Feb 5, 2025 · Advisor changed firm · fact
  • Brian Scott Garnets left Ic Advisory Services, Inc. for Equitable Advisors, Llc (registered 2025-02-03)
    Feb 5, 2025 · Advisor changed firm · fact
  • Soumit Sarkar left Ic Advisory Services, Inc. for Cambridge Investment Research Advisors, Inc. (registered 2025-02-04)
    Feb 5, 2025 · Advisor changed firm · fact
  • Randall Patrick Faulk left Ic Advisory Services, Inc. for Cambridge Investment Research Advisors, Inc. (registered 2025-02-03)
    Feb 3, 2025 · Advisor changed firm · fact
  • Michael Dominick Boswak left Ic Advisory Services, Inc. for Independent Financial Group, Llc (registered 2025-02-03)
    Feb 3, 2025 · Advisor changed firm · fact
  • 3 advisors left IC Advisory Services, Inc. (Bedminster, NJ) for Cambridge Investment Research Advisors, Inc. within 2 days
    Feb 3, 2025 · Team lift-out · derived
  • Benjamin Menachem Brenner left Ic Advisory Services, Inc. for Spc (registered 2025-01-27)
    Jan 29, 2025 · Advisor changed firm · fact
  • Alan Aaron Eisenstein left Ic Advisory Services, Inc. for Spc (registered 2025-01-27)
    Jan 29, 2025 · Advisor changed firm · fact
  • Debra Goodstein left Ic Advisory Services, Inc. for Spc (registered 2025-01-27)
    Jan 29, 2025 · Advisor changed firm · fact
  • Clark Silverstein left Ic Advisory Services, Inc. for Spc (registered 2025-01-27)
    Jan 29, 2025 · Advisor changed firm · fact
  • Timothy Chandler Atkins left Ic Advisory Services, Inc. for Commonwealth Financial Network (registered 2025-01-27)
    Jan 29, 2025 · Advisor changed firm · fact
  • 4 advisors left IC Advisory Services, Inc. (Cedar Knolls, NJ) for Spc on the same day
    Jan 29, 2025 · Team lift-out · derived
  • Paul Charles Lobosco left Ic Advisory Services, Inc. for Cetera Investment Advisers Llc (registered 2025-01-22)
    Jan 22, 2025 · Advisor changed firm · fact
  • Steven Ray Studebaker left Ic Advisory Services, Inc. for Lpl Financial Llc (registered 2025-01-16)
    Jan 14, 2025 · 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.
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