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

World Asset Management, Inc.

Former SEC-registered adviserDetroit, MichiganCRD 142108SEC 801-67327IAPD
Latest filing Apr 16, 2021
First filing on the tape Nov 17, 2011 · 47 filings
RAUM
$12B
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
13
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
47 filings and snapshots on the tape
RAUM$12B as of Mar 31, 2021
Mar 22, 2012$14B then
HNW client RAUM: no history
State-registered IARs (5.B.3)8 as of Mar 31, 2021
Mar 27, 20136 then
Employees (5.A)13 as of Mar 31, 2021
Mar 27, 20138 then
Private funds: no history
RAUM +0.8% over the last fiscal year-5.1% a year over threeIARs 9 to 8
Practice profile
derived from the filing of Apr 16, 2021; every figure names its basis
RAUM per advisor
$1.5BderivedRAUM 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
$124MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
18%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.6derivedItem 5.A over advisors
Advisors per office
8.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+0.8%derivedbetween the last two annual amendments
Advisor growth, one year
-11%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Ownership
a bank, bancorp or trust company is a 50 percent or greater ownerderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$8.7B73%
  • Pension and profit-sharing plans$2.1B17%
  • Banks and thrifts$1.0B8.4%
  • State and municipal entities$154M1.3%
  • Charitable organizations$16.5M0.1%
  • Corporations and businesses$14.3M0.1%
  • Insurance companies$3.4M0.0%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
100reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
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
    • Scroi Laura Armstrong · Directorcontrol
      since 02/2018 · owns less than 5%
    • Anthony Raymond Basile · Directorcontrol
      since 11/2017 · owns less than 5%
    • Jane Cynthia Higgins · Directorcontrol
      since 05/2019 · owns less than 5%
    • Kevin John Lynch · President / Chief Executive Officer / Chairman And Directorcontrol
      since 07/2020 · owns less than 5%
    • David Joshua Rockwell · Directorcontrol
      since 08/2016 · owns less than 5%
    • Edward Richard Schell · Chief Compliance Officercontrol
      since 10/2019 · owns less than 5%
    • Christopher Crescenzo Scotto Divetta · Director / Chief Operating Officercontrol
      since 08/2016 · owns less than 5%
    Entity owners
    • Comerica Investment Services, Inc · Holding Company
      direct · owns 75% or more
    • Comerica Bank · Shareholder
      indirect · owns 75% or more of Comerica Investment Services, Inc
    Related persons
    Schedule D 7.A
    • Comerica Bank
      custodiany
    • Comerica Insurance Services, Inc
      real estaten
    • Comerica Securities
      broker-dealerinvestment adviserLP sponsorreal estatenRAUM $2.4B
    Advisers that list World Asset Management, Inc. as a related person
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 111 to 100
      Jul 17, 2020 to Mar 31, 2021
    • Pension plan clients · 6.0 to unset
      Jul 17, 2020 to Mar 31, 2021
    • Employees · 15 to 13
      Jul 17, 2020 to Mar 31, 2021
    • State-registered IARs · 9 to 8
      Jul 17, 2020 to Mar 31, 2021
    • Discretionary RAUM · $12B to $12B
      Jul 17, 2020 to Mar 31, 2021
    • Pension RAUM · $3.0B to $2.1B
      Jul 17, 2020 to Mar 31, 2021
    • Pooled vehicle RAUM · $7.6B to $8.7B
      Jul 17, 2020 to Mar 31, 2021
    • RAUM · $12B to $12B
      Jul 17, 2020 to Mar 31, 2021
    • Accounts · 114 to 111
      Jan 24, 2020 to Mar 27, 2020
    • Pension plan clients · 7 to 6
      Jan 24, 2020 to Mar 27, 2020
    • Insurance-licensed employees · 3 to 2
      Jan 24, 2020 to Mar 27, 2020
    • State-registered IARs · 10 to 9
      Jan 24, 2020 to Mar 27, 2020
    • Discretionary RAUM · $10B to $12B
      Jan 24, 2020 to Mar 27, 2020
    • Pension RAUM · $2.3B to $3.0B
      Jan 24, 2020 to Mar 27, 2020
    • Pooled vehicle RAUM · $6.7B to $7.6B
      Jan 24, 2020 to Mar 27, 2020
    • RAUM · $10B to $12B
      Jan 24, 2020 to Mar 27, 2020
    • Accounts · 134 to 114
      Dec 20, 2018 to Mar 27, 2019
    • BD registered reps · 4 to 6
      Dec 20, 2018 to Mar 27, 2019
    • Pension plan clients · 8 to 7
      Dec 20, 2018 to Mar 27, 2019
    • Employees · 9 to 15
      Dec 20, 2018 to Mar 27, 2019
    • Insurance-licensed employees · 2 to 3
      Dec 20, 2018 to Mar 27, 2019
    • State-registered IARs · 8 to 10
      Dec 20, 2018 to Mar 27, 2019
    • Discretionary RAUM · $14B to $10B
      Dec 20, 2018 to Mar 27, 2019
    • Pension RAUM · $3.6B to $2.3B
      Dec 20, 2018 to Mar 27, 2019
    • Pooled vehicle RAUM · $8.9B to $6.7B
      Dec 20, 2018 to Mar 27, 2019
    • RAUM · $14B to $10B
      Dec 20, 2018 to Mar 27, 2019
    • Accounts · 129 to 134
      Feb 21, 2018 to Mar 27, 2018
    • Advisory activities · 3 to 4
      Feb 21, 2018 to Mar 27, 2018
    • Charity clients · 4.0 to unset
      Feb 21, 2018 to Mar 27, 2018
    • Corporate clients · 2.0 to unset
      Feb 21, 2018 to Mar 27, 2018
    • Pension plan clients · 10 to 8
      Feb 21, 2018 to Mar 27, 2018
    • Other offices · 1 to 0
      Feb 21, 2018 to Mar 27, 2018
    • Discretionary RAUM · $13B to $14B
      Feb 21, 2018 to Mar 27, 2018
    • Pension RAUM · $3.2B to $3.6B
      Feb 21, 2018 to Mar 27, 2018
    • Pooled vehicle RAUM · $7.7B to $8.9B
      Feb 21, 2018 to Mar 27, 2018
    • RAUM · $13B to $14B
      Feb 21, 2018 to Mar 27, 2018
    • Advisory employees · 5 to 4
      Sep 11, 2017 to Nov 8, 2017
    • Charity clients · unset to 4.0
      Sep 11, 2017 to Nov 8, 2017
    • Corporate clients · unset to 2.0
      Sep 11, 2017 to Nov 8, 2017
    • Pension plan clients · unset to 10.0
      Sep 11, 2017 to Nov 8, 2017
    Signals
    6 dated events
    • William Michael Malone (President / Chairman And Director) no longer on Schedule A of World Asset Management, Inc. (listed 2020-03-27, absent 2020-07-17)
      Jul 17, 2020 · Control person left · inference
    • Kevin John Lynch (President / Chief Executive Officer / Chairman And Director) appeared on Schedule A of World Asset Management, Inc.
      Jul 17, 2020 · Control person joined · fact
    • Edward Richard Schell (Chief Compliance Officer) appeared on Schedule A of World Asset Management, Inc.
      Nov 6, 2019 · Control person joined · fact
    • Michael Kenneth Cherrier (Chief Compliance Officer) no longer on Schedule A of World Asset Management, Inc. (listed 2019-03-27, absent 2019-05-24)
      May 24, 2019 · Control person left · inference
    • Jane Cynthia Higgins (Director) appeared on Schedule A of World Asset Management, Inc.
      May 24, 2019 · Control person joined · fact
    • World Asset Management, Inc. reported RAUM $10.5B, down 28% from $14.5B (2018-12-20 to 2019-03-27)
      Mar 27, 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.
    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