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
Garnet Group LLC
Latest filing Dec 22, 2021
First filing on the tape Jan 26, 2012 · 25 filings
RAUM
$143M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$143M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
3 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$143M as of Mar 2, 2021
Jan 26, 2012$79.5M then
HNW client RAUM$137M as of Mar 2, 2021
Mar 6, 2018$118M then
State-registered IARs (5.B.3)3 as of Mar 2, 2021
Jan 26, 20120 then
Employees (5.A)3 as of Mar 2, 2021
Mar 28, 20142 then
Private funds: no history
RAUM +25% over the last fiscal year+6.1% a year over threeIARs 3 to 3offices 3 to 0
Practice profile
derived from the filing of Dec 22, 2021; every figure names its basis
- RAUM per advisor
- $47.7MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 15derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.4MderivedHNW RAUM over HNW clients
- Average account
- $757,281derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +25%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +4.5%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Custody
- $187,266, 2 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$137M96%
- Individuals$5.5M3.9%
- Charitable organizations$378,0110.3%
- Individual clients
- 15reported
- HNW clients
- 31reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 189reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $187,266 for 2 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
- Eliot Simon to Evermay Wealth Management, LLCMar 23, 2022 · RIA to RIA
- Laura L Mcaree to West Financial Services, Inc.Dec 3, 2010 · Other
- Andrea Kelly Mcnamara to Great Point Wealth Advisors, LLCNov 3, 2009 · Other
- Tanya Elizabeth Rapacz to Compass Wealth Management, LLCNov 3, 2009 · Other
- Lisette Chassey Smith to The Advisory Group Of San Francisco, LLCNov 3, 2009 · Other
Joined, latest
- Andrea Kelly Mcnamara from Valic Financial Advisors, Inc.Jan 11, 2008 · Other
- Laura L Mcaree from Aegis WealthJan 9, 2008 · Other
- Lisette Chassey Smith from Smith Rapacz, LLCAug 30, 2006 · Other
- Tanya Elizabeth Rapacz from Smith Rapacz, LLCAug 30, 2006 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Acharya Veena Kutler · Managing Membercontrolsince 07/2006 · owns 50% to 75%
- Florence Annette Simon · Managing Member And Chief Compliance Officercontrolsince 07/2006 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- HQ city · CHEVY CHASE to unsetDec 21, 2021 to Dec 22, 2021
- HQ state · MD to unsetDec 21, 2021 to Dec 22, 2021
- Insurance-licensed employees · 0 to 3Mar 2, 2021 to Dec 21, 2021
- HQ city · BETHESDA to CHEVY CHASEMar 2, 2021 to Dec 21, 2021
- Other offices · 3 to 0Mar 2, 2021 to Dec 21, 2021
- Accounts · 172 to 189May 11, 2020 to Mar 2, 2021
- HNW clients · 28 to 31May 11, 2020 to Mar 2, 2021
- Individual clients · 16 to 15May 11, 2020 to Mar 2, 2021
- Assets in custody · $0 to $187,266May 11, 2020 to Mar 2, 2021
- Custody of client assets · false to trueMay 11, 2020 to Mar 2, 2021
- Discretionary RAUM · $115M to $143MMay 11, 2020 to Mar 2, 2021
- HNW RAUM · $109M to $137MMay 11, 2020 to Mar 2, 2021
- Individual RAUM · $5.4M to $5.5MMay 11, 2020 to Mar 2, 2021
- RAUM · $115M to $143MMay 11, 2020 to Mar 2, 2021
- Accounts · 178 to 172Mar 25, 2019 to Mar 22, 2020
- HNW clients · 31 to 28Mar 25, 2019 to Mar 22, 2020
- Individual clients · 5 to 16Mar 25, 2019 to Mar 22, 2020
- Assets in custody · unset to 0.0Mar 25, 2019 to Mar 22, 2020
- Discretionary RAUM · $108M to $115MMar 25, 2019 to Mar 22, 2020
- HNW RAUM · $104M to $109MMar 25, 2019 to Mar 22, 2020
- Individual RAUM · $3.4M to $5.4MMar 25, 2019 to Mar 22, 2020
- RAUM · $108M to $115MMar 25, 2019 to Mar 22, 2020
- Accounts · 176 to 178Mar 6, 2018 to Mar 25, 2019
- HNW clients · 28 to 31Mar 6, 2018 to Mar 25, 2019
- Individual clients · 3 to 5Mar 6, 2018 to Mar 25, 2019
- Discretionary RAUM · $120M to $108MMar 6, 2018 to Mar 25, 2019
- HNW RAUM · $118M to $104MMar 6, 2018 to Mar 25, 2019
- Individual RAUM · $1.6M to $3.4MMar 6, 2018 to Mar 25, 2019
- RAUM · $120M to $108MMar 6, 2018 to Mar 25, 2019
- Accounts · 184 to 176Feb 16, 2017 to Mar 6, 2018
- HNW clients · unset to 28.0Feb 16, 2017 to Mar 6, 2018
- Individual clients · unset to 3.0Feb 16, 2017 to Mar 6, 2018
- Other offices · unset to 3.0Feb 16, 2017 to Mar 6, 2018
- Discretionary RAUM · $108M to $120MFeb 16, 2017 to Mar 6, 2018
- HNW RAUM · unset to 118400000.0Feb 16, 2017 to Mar 6, 2018
- Individual RAUM · unset to 1600000.0Feb 16, 2017 to Mar 6, 2018
- RAUM · $108M to $120MFeb 16, 2017 to Mar 6, 2018
- Accounts · 192 to 184Sep 19, 2016 to Feb 16, 2017
- Discretionary RAUM · $101M to $108MSep 19, 2016 to Feb 16, 2017
- Non-discretionary RAUM · $3.7M to $0Sep 19, 2016 to Feb 16, 2017
Signals
2 dated events
- Eliot Simon left Garnet Group Llc for Evermay Wealth Management, Llc (registered 2024-10-09)Mar 23, 2022 · Advisor changed firm · fact
- Garnet Group Llc filed its initial SEC registration (Form ADV)Mar 12, 2014 · First SEC registration · 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