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.
SEC-registered adviser
Capitol Securities Management, Inc.
Latest filing Mar 31, 2026
First filing on the tape Mar 27, 2012 · 81 filings
SEC status approved since Mar 16, 1992
RAUM
$2.2B
reported, Item 5.F
Discretionary
85%
of RAUM
Private clients
64%
$1.4B individuals and HNW
Advisors
96
registered through the firm on IAPD
RAUM per advisor
$22.5M
derived; firm RAUM over IAPD count
Employees
170
126 advisory (5.B.1)
Offices
37
beyond the principal office
Private funds
0
reported on Schedule D
History
81 filings and snapshots on the tape
RAUM$2.2B as of Mar 31, 2026
Mar 27, 2012$303M then
HNW client RAUM$839M as of Mar 31, 2026
Mar 29, 2018$198M then
State-registered IARs (5.B.3)102 as of Mar 31, 2026
Mar 1, 2013100 then
Employees (5.A)170 as of Mar 31, 2026
Mar 1, 2013228 then
Private funds: no history
RAUM +19% over the last fiscal year+19% a year over threeIARs 102 to 102
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)
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
- RAUM per advisor
- $22.5MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 33derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $651,556derivedHNW RAUM over HNW clients
- Average account
- $544,677derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 85%derivedof RAUM
- Institutional
- 2.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.8derivedItem 5.A over advisors
- Advisors per office
- 2.5derived38 offices incl. principal (1.F.5)
- RAUM growth, one year
- +19%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +5.9%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 advisers, educational seminarsreportedItem 5.G
- Wrap fee program
- $182MreportedItem 5.I
- 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
- High-net-worth individuals$839M57%
- Individuals$552M38%
- Corporations and businesses$28.5M1.9%
- State and municipal entities$21.4M1.5%
- Pension and profit-sharing plans$15.1M1.0%
- Charitable organizations$8.5M0.6%
- Individual clients
- 1,890reported
- HNW clients
- 1,287reported
- Pension plan clients
- 18reported
- Charitable clients
- 14reported
- Accounts
- 3,970reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- $0 sponsored, $1.9B managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.64 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=143.0derived
Advisors registered through the firm
96 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| William Allan Korn | Sarasota, Fl | Oct 2, 1992 | 43 y | 0 |
| David Allen SpikerChartered Financial Consultant | Reston, Va | Jun 27, 1994 | 45 y | 0 |
| Edward Lee Wetherell | Leesburg, Va | May 31, 1996 | 35 y | 0 |
| Robert M Roark | Washington, Dc | Dec 3, 1996 | 33 y | 0 |
| Ernest Homer Dimattina | Reston, Va | Dec 16, 1998 | 46 y | 0 |
| Gregory Vaughn Clarke | Glen Allen, Va | May 4, 1999 | 41 y | 0 |
| William Richard StadeCertified Financial Planner | Glen Allen, Va | May 11, 1999 | 32 y | 0 |
| Roy AlexanderPersonal Financial Specialist | Glen Allen, Va | Apr 6, 2001 | 45 y | 0 |
| Kimberly Shawn Knapp | Reston, Va | Mar 29, 2005 | 27 y | 1 |
| John Francis Cahill | Glen Allen, Va | Sep 5, 2006 | 31 y | 0 |
| Jeffrey Leonard Briggs | Glen Allen, Va | Nov 28, 2006 | 40 y | 1 |
| David Anthony Shenton | Mosely, Va | Aug 17, 2007 | 31 y | 2 |
| Thomas Howard Kepley | Columbia, Sc | Jan 8, 2008 | 36 y | 1 |
| Kent Eric Engelke | Glen Allen, Va | Aug 25, 2008 | 40 y | 3 |
| Holly Smith | Glen Allen, Va | Nov 13, 2008 | 40 y | 4 |
| Robert W Campbell | Glen Allen, Va | Feb 10, 2009 | 18 y | 1 |
| Robert John Garone | Reston, Va | Mar 6, 2009 | 41 y | 1 |
| Andrew Allen Burke | Reston, Va | Mar 19, 2009 | 19 y | 0 |
| Angela Hopkins | Sparta, Nj | Apr 24, 2009 | 20 y | 1 |
| Steven Francis Marascia | Glen Allen, Va | May 29, 2009 | 44 y | 2 |
| Robert Joseph Oftring | Worcester, Ma | Jun 2, 2009 | 44 y | 1 |
| Robert Raymond Joseph | Glen Allen, Va | Sep 28, 2009 | 32 y | 0 |
| John Edward Kelley | Tampa, Fl | Feb 10, 2010 | 28 y | 0 |
| Katherine Rose Hallberg | Richmond, Va | Apr 6, 2010 | 19 y | 1 |
| William Wheeler Nease | Martinsville, Va | May 11, 2010 | 39 y | 2 |
| David Marc Papilsky | Tampa, Fl | Jun 8, 2010 | 41 y | 0 |
| William Allen Hunter | Forest, Va | Nov 16, 2010 | 44 y | 1 |
| Marcus D Gersbach | Hollywood, Sc | Apr 1, 2011 | 35 y | 2 |
| Jesse H Wade | Martinsville, Va | Apr 8, 2011 | 22 y | 2 |
| Norman Kenneth Marshall | Glen Allen, Va | Oct 31, 2011 | 45 y | 2 |
| Laura Lynn Settle | Charlottesville, Va | Nov 18, 2011 | 27 y | 2 |
| Michael Talmadge Cross | Charlottesville, Va | Nov 18, 2011 | 38 y | 2 |
| Patrick Timothy Brosnan | Leesburg, Va | Jan 5, 2012 | 37 y | 2 |
| Malcolm Job Huckaby | Tampa, Fl | Aug 21, 2012 | 22 y | 3 |
| Angelia Clements King | Glen Allen, Va | Jan 3, 2014 | 26 y | 3 |
| Robert Marc Mckoy | Wilmington, Nc | Feb 3, 2014 | 34 y | 3 |
| Robert Reese Clippard | Tampa, Fl | Feb 7, 2014 | 28 y | 5 |
| John R Trentanove | Glen Allen, Va | Jan 6, 2015 | 28 y | 1 |
| William Larry Bendt | Charleston, Sc | Aug 4, 2015 | 35 y | 2 |
| Wythe Chisman HoggeCertified Financial Planner | Leesburg, Va | Sep 11, 2015 | 11 y | 0 |
Advisor movement
3 left, 3 joined in 12 months
net 0 in 12 months1 left in 90 days2 joined in 90 daysdeparture rate 3.1% of current headcount10 left over 36 months
Left, latest
- Patrick D'Agostino to Ameriprise Financial Services, LLCJun 29, 2026 · RIA to affiliated broker-dealer or bank
- Joseph Nathan Markim to LPL Financial LLCMay 19, 2026 · RIA to affiliated broker-dealer or bank
- Loree Anne Harpole to LPL Financial LLCOct 24, 2025 · RIA to affiliated broker-dealer or bank
- Timothy John Crytzer to LPL Financial LLCOct 29, 2024 · RIA to affiliated broker-dealer or bank
- Morgan R Allen to Stratos Wealth Advisors LLCJun 18, 2024 · RIA to RIA
- Logan Barrett Saufley to Raymond James & Associates, Inc.Apr 19, 2024 · RIA to affiliated broker-dealer or bank
- Richard Thomas Ragold to Cetera Investment Advisers LLCJan 9, 2024 · RIA to affiliated broker-dealer or bank
- John Cahill to Fidelity Personal And Workplace AdvisorsNov 28, 2023 · RIA to affiliated broker-dealer or bank
- Frank Alexander Ballinger to Aegis Capital Corp.Oct 26, 2023 · RIA to affiliated broker-dealer or bank
- Laura Casey to Coastal Wealth ManagementSep 19, 2023 · RIA to a newly registered adviser
- James Bryant Zimmerman to Cetera Investment Advisers LLCAug 23, 2023 · RIA to affiliated broker-dealer or bank
- Matthew Reimann to UBS Financial Services Inc.Sep 6, 2022 · RIA to wirehouse
- Justin Abbott Goodhue to Primoris Wealth Advisors, LLCJun 1, 2022 · RIA to RIA
- Lawrence Howard Sizeler to Wells Fargo AdvisorsApr 1, 2022 · RIA to wirehouse
- Donald Peter Gaskell to Verus Capital Partners, LLCNov 16, 2021 · RIA to RIA
Joined, latest
- Natalie Anne Gross from Wells Fargo AdvisorsSep 2, 2026 · Wirehouse to independent RIA
- Morgan R Allen from Beau Morgan AdvisorsJul 30, 2026 · RIA to RIA
- Stephanie Williams Guanzini from First Citizens Investor Services, Inc.Nov 13, 2025 · Affiliated broker-dealer or bank to independent RIA
- Stephen Mattison Bliss from Morgan StanleyAug 7, 2025 · Wirehouse to independent RIA
- Thomas Octave Pekar from Cetera Investment Advisers LLCDec 18, 2024 · Affiliated broker-dealer or bank to independent RIA
- Carol A Dinh Nhat Quy from Morgan StanleyJul 22, 2024 · Wirehouse to independent RIA
- William Holmes Stewart from Arthur Wood Investment Advisors CorpNov 3, 2023 · Other
- Alan Walton Sharpe from Arthur Wood Investment Advisors CorpOct 26, 2023 · Other
- Lawrence William Nordmann from Cantella & Co., Inc.Dec 16, 2022 · Affiliated broker-dealer or bank to independent RIA
- Logan Barrett Saufley from Wells Fargo AdvisorsNov 1, 2022 · Wirehouse to independent RIA
- Herbert Thomas Wolf from Raymond James Financial Services Advisors, IncOct 19, 2022 · Affiliated broker-dealer or bank to independent RIA
- Paul Allen Bedinger from Cantella & Co., Inc.Sep 7, 2022 · Affiliated broker-dealer or bank to independent RIA
- Laura Casey from Morgan StanleyAug 17, 2022 · Wirehouse to independent RIA
- Claire E Soja from Ameriprise Financial Services, LLCAug 12, 2022 · Affiliated broker-dealer or bank to independent RIA
- Irina Zubov from B. Riley Wealth Advisors, Inc.Aug 5, 2022 · Affiliated broker-dealer or bank to independent RIA
Teams: two or more advisors moving together within fourteen days, from one state
- 3 left for Raymond James & Associates, Inc.Feb 16, 2017 · Glen Allen, Va
- 2 left for Global Retirement Partners LLCNov 17, 2015 · Framingham, Ma
- 2 joined from Arthur Wood Investment Advisors CorpOct 31, 2023 · Boston, Ma
- 2 joined from Stifel, Nicolaus & Company, IncorporatedJan 30, 2019 · Florence, Sc
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Joseph Aristotle Jianos · Chairman & Ceocontrolsince 03/1989 · owns less than 5%
- Joseph Aristotle Jianos · Shareholder-Ceocontrolsince 11/2006 · owns 50% to 75% of Cs Financial Group Inc
- Katherine Rose Hallberg · Chief Compliance Officersince 01/2012 · owns less than 5%
- James Louis Wallace · Chief Operating Officersince 04/2021 · owns less than 5%
- Edward Lee Wetherell · Chief Strategy Officersince 04/2019 · owns less than 5%
- Irina Zubov · Director Of Financesince 03/2022 · owns less than 5%
Entity owners
- Cs Financial Group Inc. · Holding Companydirect · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Advisers that list Capitol Securities Management, Inc. as a related person
- 107414 n
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Glen Allen, Va · principal | 70 | 4 | 1 | ||
| Tampa, Fl | 16 | 0 | 0 | ||
| Reston, Va | 14 | 0 | 0 | ||
| Boston, Ma | 11 | 0 | 0 | ||
| Melville, Ny | 8 | 0 | 0 | ||
| Wilmington, Nc | 6 | 1 | 0 | ||
| Rochester, Ny | 4 | 1 | 0 | ||
| Charlottesville, Va | 4 | 0 | 0 | ||
| Morristown, Nj | 4 | 0 | 0 | ||
| Marmora, Nj | 3 | 0 | 0 | ||
| Leesburg, Va | 3 | 0 | 0 | ||
| Anderson, Sc | 3 | 1 | 0 | ||
| Wellesley, Ma | 3 | 0 | 0 | ||
| Powhatan, Va | 2 | 0 | 0 | ||
| Martinsville, Va | 2 | 0 | 0 | ||
| Salisbury, Md | 2 | 0 | 0 | ||
| Toms River, Nj | 2 | 0 | 0 | ||
| Worcester, Ma | 2 | 0 | 0 | ||
| Meriden, Ct | 1 | 0 | 0 | ||
| Atlantic Beach, Fl | 0 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
- Reston, VA18 employees
- Rochester, NY14 employees
- Tampa, FL8 employees
- Boston, MA8 employees
- Marmora, NJ7 employees
- Melville, NY6 employees
- Salisbury, MD5 employees
- Charlottesville, VA5 employees
- Wellesley, MA5 employees
- Glastonbury, CT5 employees
- Wilmington, NC4 employees
- Morristown, NJ4 employees
- Leesburg, VA4 employees
- Suffolk, VA3 employees
- Toms River, NJ3 employees
- Worcester, MA3 employees
- Martinsville, VA3 employees
- Pearl River, NY2 employees
- Anderson, SC2 employees
- Frederick, MD2 employees
- , 1 employees
- , 1 employees
- Leesburg, VA1 employees
- Cedar Point, NC1 employees
- Columbia, SC1 employees
What changed
consecutive filings, newest first
- Accounts · 3,745 to 3,970Nov 6, 2025 to Mar 31, 2026
- Charity clients · 13 to 14Nov 6, 2025 to Mar 31, 2026
- Corporate clients · 23 to 32Nov 6, 2025 to Mar 31, 2026
- HNW clients · 1,183 to 1,287Nov 6, 2025 to Mar 31, 2026
- Individual clients · 1,817 to 1,890Nov 6, 2025 to Mar 31, 2026
- Pension plan clients · 15 to 18Nov 6, 2025 to Mar 31, 2026
- Discretionary RAUM · $1.5B to $1.8BNov 6, 2025 to Mar 31, 2026
- HNW RAUM · $722M to $839MNov 6, 2025 to Mar 31, 2026
- Individual RAUM · $492M to $552MNov 6, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $284M to $319MNov 6, 2025 to Mar 31, 2026
- Pension RAUM · $12.4M to $15.1MNov 6, 2025 to Mar 31, 2026
- RAUM · $1.8B to $2.2BNov 6, 2025 to Mar 31, 2026
- Wrap assets (manager) · $1.3B to $1.9BNov 6, 2025 to Mar 31, 2026
- Financial planning clients · 51-100 to 51-100May 30, 2025 to Jul 8, 2025
- Accounts · 3,470 to 3,745Nov 7, 2024 to Mar 31, 2025
- Advisory employees · 127 to 126Nov 7, 2024 to Mar 31, 2025
- BD registered reps · 152 to 143Nov 7, 2024 to Mar 31, 2025
- Charity clients · 10 to 13Nov 7, 2024 to Mar 31, 2025
- Corporate clients · 20 to 23Nov 7, 2024 to Mar 31, 2025
- HNW clients · 1,111 to 1,183Nov 7, 2024 to Mar 31, 2025
- Individual clients · 1,640 to 1,817Nov 7, 2024 to Mar 31, 2025
- Pension plan clients · 17 to 15Nov 7, 2024 to Mar 31, 2025
- Employees · 177 to 170Nov 7, 2024 to Mar 31, 2025
- State-registered IARs · 105 to 102Nov 7, 2024 to Mar 31, 2025
- Discretionary RAUM · $1.2B to $1.5BNov 7, 2024 to Mar 31, 2025
- HNW RAUM · $548M to $722MNov 7, 2024 to Mar 31, 2025
- Individual RAUM · $376M to $492MNov 7, 2024 to Mar 31, 2025
- Non-discretionary RAUM · $239M to $284MNov 7, 2024 to Mar 31, 2025
- Pension RAUM · $11.3M to $12.4MNov 7, 2024 to Mar 31, 2025
- RAUM · $1.4B to $1.8BNov 7, 2024 to Mar 31, 2025
- Accounts · 3,202 to 3,470Jan 10, 2024 to Mar 28, 2024
- BD registered reps · 149 to 152Jan 10, 2024 to Mar 28, 2024
- Corporate clients · 22 to 20Jan 10, 2024 to Mar 28, 2024
- HNW clients · 1,014 to 1,111Jan 10, 2024 to Mar 28, 2024
- Individual clients · 1,501 to 1,640Jan 10, 2024 to Mar 28, 2024
- Pension plan clients · 10 to 17Jan 10, 2024 to Mar 28, 2024
- Employees · 175 to 177Jan 10, 2024 to Mar 28, 2024
- Financial planning clients · 26-50 to 51-100Jan 10, 2024 to Mar 28, 2024
- State-registered IARs · 110 to 105Jan 10, 2024 to Mar 28, 2024
- Other offices · 40 to 37Jan 10, 2024 to Mar 28, 2024
Signals
22 dated events
- Patrick D'Agostino left Capitol Securities Management, Inc. for Ameriprise Financial Services, Llc (registered 2026-06-05)Jun 29, 2026 · Advisor changed firm · fact
- Joseph Nathan Markim left Capitol Securities Management, Inc. for Lpl Financial Llc (registered 2026-05-18)May 19, 2026 · Advisor changed firm · fact
- Loree Anne Harpole left Capitol Securities Management, Inc. for Lpl Financial Llc (registered 2025-10-27)Oct 24, 2025 · Advisor changed firm · fact
- Capitol Securities Management, Inc. reported RAUM $1.8B, up 30% from $1.4B (2024-11-07 to 2025-03-31)Mar 31, 2025 · RAUM change · derived
- Timothy John Crytzer left Capitol Securities Management, Inc. for Lpl Financial Llc (registered 2024-10-28)Oct 29, 2024 · Advisor changed firm · fact
- Morgan R Allen left Capitol Securities Management, Inc. for Stratos Wealth Advisors Llc (registered 2024-07-05)Jun 18, 2024 · Advisor changed firm · fact
- Logan Barrett Saufley left Capitol Securities Management, Inc. for Raymond James & Associates, Inc. (registered 2024-05-01)Apr 19, 2024 · Advisor changed firm · fact
- Richard Thomas Ragold left Capitol Securities Management, Inc. for Cetera Investment Advisers Llc (registered 2024-01-08)Jan 9, 2024 · Advisor changed firm · fact
- John Cahill left Capitol Securities Management, Inc. for Fidelity Personal And Workplace Advisors (registered 2024-01-30)Nov 28, 2023 · Advisor changed firm · fact
- 2 advisors left Arthur Wood Investment Advisors Corp (Boston, MA) for Capitol Securities Management, Inc. on the same dayOct 31, 2023 · Team lift-out · derived
- Frank Alexander Ballinger left Capitol Securities Management, Inc. for Aegis Capital Corp. (registered 2023-11-06)Oct 26, 2023 · Advisor changed firm · fact
- Laura Casey left Capitol Securities Management, Inc. for Coastal Wealth Management (registered 2023-09-01)Sep 19, 2023 · Advisor changed firm · fact
- James Bryant Zimmerman left Capitol Securities Management, Inc. for Cetera Investment Advisers Llc (registered 2024-03-21)Aug 23, 2023 · Advisor changed firm · fact
- Capitol Securities Management, Inc. reported 40 offices beyond its principal office, up from 35 (2022-11-01 to 2023-03-30)Mar 30, 2023 · Office count change · derived
- Matthew Reimann left Capitol Securities Management, Inc. for Ubs Financial Services Inc. (registered 2022-09-06)Sep 6, 2022 · Advisor changed firm · fact
- Justin Abbott Goodhue left Capitol Securities Management, Inc. for Primoris Wealth Advisors, Llc (registered 2022-05-02)Jun 1, 2022 · Advisor changed firm · fact
- Lawrence Howard Sizeler left Capitol Securities Management, Inc. for Wells Fargo Advisors (registered 2022-03-17)Apr 1, 2022 · Advisor changed firm · fact
- Capitol Securities Management, Inc. reported 35 offices beyond its principal office, down from 47 (2021-08-17 to 2022-03-22)Mar 22, 2022 · Office count change · derived
- Capitol Securities Management, Inc. reported RAUM $1.1B, up 29% from $850.0M (2020-12-01 to 2021-03-29)Mar 29, 2021 · RAUM change · derived
- Capitol Securities Management, Inc. reported 104 state-registered advisory representatives, up from 25 (2020-01-24 to 2020-03-06)Mar 6, 2020 · Advisor headcount change · derived
- Capitol Securities Management, Inc. reported RAUM $850.0M, up 27% from $671.5M (2020-01-24 to 2020-03-06)Mar 6, 2020 · RAUM change · derived
- Capitol Securities Management, Inc. reported 29 state-registered advisory representatives, down from 88 (2017-08-01 to 2018-03-29)Mar 29, 2018 · Advisor headcount change · derived
Across DFX
shared identifiers only, never a name match
- Capitol Securities Management, Inc. · Private Equityshared crd · intermediary
How to reach
public business contact points only, each with its source
- Business email
- ab@bnbinc.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- ajbellamah@bnbinc.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 301-562-7300reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 301-562-7310reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/t-h-kepley-financial-servicesreportedpublic record, Form ADV, Sep 17, 2026
- Firm profile
- linkedin.com/company/nordmannwealth/aboutreportedpublic record, Form ADV, Sep 17, 2026
- Website
- bnbinc.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 888-612-1484reportedpublic record, Form ADV, Mar 31, 2026
- Contact form
- bnbinc.com/contactreportedpublished by the firm, firm site, Sep 16, 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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $22.5Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026