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

Highline Wealth Management, LLC

Former SEC-registered adviserRockville, MarylandCRD 142542SEC 801-67341IAPD
Latest filing Mar 30, 2015
First filing on the tape Nov 16, 2011 · 16 filings
RAUM
$1.4B
reported, Item 5.F
Discretionary
75%
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
24
20 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$1.4B as of Mar 30, 2015
Mar 30, 2012$1.2B then
HNW client RAUM: no history
State-registered IARs (5.B.3)19 as of Mar 30, 2015
Mar 14, 201318 then
Employees (5.A)24 as of Mar 30, 2015
Mar 14, 201322 then
Private funds: no history
RAUM +8.5% over the last fiscal year+4.3% a year over threeIARs 19 to 19
Practice profile
derived from the filing of Mar 30, 2015; every figure names its basis
RAUM per advisor
$71.1MderivedRAUM 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
$447,519derivedRAUM over accounts (5.F.2.f)
Discretionary
75%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
6.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+8.5%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 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
  • 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3,020reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
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
    • Brian William Schwartz · Managing Directorcontrol
      since 03/2008 · owns less than 5%
    • Jerry Neal Simon · Chief Executive Officer/Chief Compliance Officercontrol
      since 11/2006 · owns less than 5%
    • W Andrew Sachs · Managing Membercontrol
      since 03/2007 · owns 75% or more of Sachs Capital, LLC
    • Brian William Schwartz · Shareholdercontrol
      since 08/2008 · owns 75% or more of Lo & Mo Inc.
    • Jerry Neal Simon · Shareholdercontrol
      since 03/2007 · owns 75% or more of Simon Management Company
    • Richard Timothy Hughes · Director
      since 01/2010 · owns less than 5%
    • Elyse Ashley Iddings · Director
      since 01/2010 · owns less than 5%
    • Shrock Aviva Pinto · Director
      since 09/2013 · owns less than 5%
    • Michael Grant Ruder · Director
      since 01/2015 · owns less than 5%
    • Richard Gary Sobelman · Managing Director
      since 01/2010 · owns less than 5%
    • Huston John Stroud · Director
      since 07/2014 · owns less than 5%
    • Gabrielle Michele Walthert · Director
      since 01/2015 · owns less than 5%
    • Michael Jay Weinstein · Managing Director
      since 01/2011 · owns less than 5%
    Entity owners
    • Lo & Mo Inc. · Member
      direct · owns 10% to 25%
    • Simon Management Company · Managing Member
      direct · owns 50% to 75%
    • Sachs Capital, LLC · Managing Member
      indirect · owns F of Sachs Capital Fund I, LLC
    • Sachs Capital Fund I, LLC · Member
      direct · owns 5% to 10%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    • New York, NY
    • Plymouth Meeting, PA
    What changed
    consecutive filings, newest first
    • Accounts · 1,696 to 3,020
      Jul 29, 2014 to Mar 30, 2015
    • Discretionary RAUM · $932M to $1.0B
      Jul 29, 2014 to Mar 30, 2015
    • Non-discretionary RAUM · $403M to $334M
      Jul 29, 2014 to Mar 30, 2015
    • RAUM · $1.3B to $1.4B
      Jul 29, 2014 to Mar 30, 2015
    • Accounts · 1,526 to 1,696
      Mar 31, 2014 to Apr 3, 2014
    • Discretionary RAUM · $823M to $932M
      Mar 31, 2014 to Apr 3, 2014
    • Non-discretionary RAUM · $423M to $403M
      Mar 31, 2014 to Apr 3, 2014
    • RAUM · $1.2B to $1.3B
      Mar 31, 2014 to Apr 3, 2014
    • Advisory employees · 18 to 20
      Jan 2, 2014 to Mar 31, 2014
    • State-registered IARs · 18 to 19
      Jan 2, 2014 to Mar 31, 2014
    • Accounts · 1,499 to 1,526
      Oct 17, 2013 to Nov 13, 2013
    • Employees · 22 to 24
      Oct 17, 2013 to Nov 13, 2013
    • Discretionary RAUM · $753M to $823M
      Oct 17, 2013 to Nov 13, 2013
    • Non-discretionary RAUM · $447M to $423M
      Oct 17, 2013 to Nov 13, 2013
    • RAUM · $1.2B to $1.2B
      Oct 17, 2013 to Nov 13, 2013
    • Accounts · 1,699 to 1,499
      May 16, 2012 to Mar 14, 2013
    • Advisory employees · unset to 18.0
      May 16, 2012 to Mar 14, 2013
    • Employees · unset to 22.0
      May 16, 2012 to Mar 14, 2013
    • State-registered IARs · unset to 18.0
      May 16, 2012 to Mar 14, 2013
    • Discretionary RAUM · $487M to $753M
      May 16, 2012 to Mar 14, 2013
    • Non-discretionary RAUM · $703M to $447M
      May 16, 2012 to Mar 14, 2013
    • RAUM · $1.2B to $1.2B
      May 16, 2012 to Mar 14, 2013
    • Advisory activities · 3 to 4
      Mar 30, 2012 to May 16, 2012
    • Financial planning clients · 0 to 101-250
      Mar 30, 2012 to May 16, 2012
    • Accounts · 1,655 to 1,699
      Dec 23, 2011 to Mar 30, 2012
    • Insurance-licensed employees · unset to 0.0
      Dec 23, 2011 to Mar 30, 2012
    • HQ city · BETHESDA to ROCKVILLE
      Dec 23, 2011 to Mar 30, 2012
    • Discretionary RAUM · $433M to $487M
      Dec 23, 2011 to Mar 30, 2012
    • Non-discretionary RAUM · $746M to $703M
      Dec 23, 2011 to Mar 30, 2012
    • RAUM · $1.2B to $1.2B
      Dec 23, 2011 to Mar 30, 2012
    • Accounts · 1,622 to 1,655
      Nov 16, 2011 to Dec 23, 2011
    • Discretionary RAUM · $284M to $433M
      Nov 16, 2011 to Dec 23, 2011
    • Non-discretionary RAUM · $829M to $746M
      Nov 16, 2011 to Dec 23, 2011
    • RAUM · $1.1B to $1.2B
      Nov 16, 2011 to Dec 23, 2011
    Signals
    No event on the tape.
    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