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

Bb&T Securities, LLC

Former SEC-registered adviserRichmond, VirginiaCRD 142785SEC 801-77145IAPD
Latest filing Dec 15, 2020
First filing on the tape Sep 7, 2012 · 65 filings
RAUM
$26B
reported, Item 5.F
Discretionary
83%
of RAUM
Private clients
91%
$24B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1,833
568 advisory (5.B.1)
Offices
1,405
beyond the principal office
Private funds
0
reported on Schedule D
History
65 filings and snapshots on the tape
RAUM$26B as of Mar 24, 2020
Mar 18, 2013$4.9B then
HNW client RAUM$11B as of Mar 24, 2020
Mar 27, 2018$7.5B then
State-registered IARs (5.B.3)1,210 as of Mar 24, 2020
Mar 18, 2013349 then
Employees (5.A)1,833 as of Mar 24, 2020
Mar 18, 2013954 then
Private funds: no history
RAUM +29% over the last fiscal year+25% a year over threeIARs 1,219 to 1,210offices 1,415 to 1,405
Practice profile
derived from the filing of Dec 15, 2020; every figure names its basis
RAUM per advisor
$21.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
52derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$403,275derivedRAUM over accounts (5.F.2.f)
Discretionary
83%derivedof RAUM
Institutional
3.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
0.9derived1,406 offices incl. principal (1.F.5)
RAUM growth, one year
+29%derivedbetween the last two annual amendments
Advisor growth, one year
-0.7%derivedItem 5.B.3 between annual amendments
Client growth, one year
+15%derived
Compensation
percentage of assets, 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
2,500reportedItem 5.H
Wrap fee program
$24BreportedItem 5.I
Custody
$25B, 64,653 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
  • is a broker-dealer (6.A.1)
  • is an insurance broker or agent (6.A.6)
  • 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)
  • the adviser acts as qualified custodian (9.D.1)
  • a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$13B49%
  • High-net-worth individuals$11B41%
  • Corporations and businesses$1.3B4.8%
  • Charitable organizations$449M1.7%
  • Pension and profit-sharing plans$327M1.3%
  • Banks and thrifts$261M1.0%
  • State and municipal entities$123M0.5%
Individual clients
58,320reported
HNW clients
4,802reported
Pension plan clients
569reported
Charitable clients
437reported
Accounts
64,869reported
Financial planning clients
2,500reported
Wrap fee programs
$1.6B sponsored, $19.5M managedreported
Custody of client assets
$25B for 64,653 clientsreported
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
  • Michael Douglas Ball · Senior Managing Director/Regional Managercontrol
    since 01/2013 · owns less than 5%
  • Bryan Scott Cram · Chief Executive Officer/Board Of Managerscontrol
    since 01/2019 · owns less than 5%
  • Susan Hechtlinger · Chief Compliance Officer/ Board Of Managerscontrol
    since 09/2020 · owns less than 5%
  • Charles Falconer III Mccallum · Head Of Supervision/Board Of Managerscontrol
    since 09/2020 · owns less than 5%
  • Michael Cole Owen · Senior Managing Director/Regional Managercontrol
    since 01/2013 · owns less than 5%
  • Felicia Ann Speetjens · Head Of Product/Board Of Managerscontrol
    since 09/2020 · owns less than 5%
  • Tonya Belfield Tyson · Principal Operations Officercontrol
    since 10/2018 · owns less than 5%
  • Wayne Clark Griffin · Rop
    since 04/2017 · owns less than 5%
  • Olga Rip · Principal Financial Officer
    since 10/2018 · owns less than 5%
Entity owners
  • Truist Financial Corporation · Sole Member
    direct · owns 75% or more · public reporting company
Related persons
Schedule D 7.A
Advisers that list Bb&T Securities, LLC as a related person
Offices
Schedule D 1.F, the 25 largest
  • Virginia Beach, VA51 employees
  • Richmond, VA47 employees
  • Allentown, PA45 employees
  • Raleigh, NC43 employees
  • Wilmington, NC32 employees
  • Charlotte, NC31 employees
  • Severna Park, MD30 employees
  • King Of Prussia, PA26 employees
  • Raleigh, NC24 employees
  • Charlotte, NC21 employees
  • Winston-Salem, NC21 employees
  • Duluth, GA20 employees
  • Greensboro, NC19 employees
  • Charlotte, NC19 employees
  • Atlanta, GA19 employees
  • Wilmington, NC17 employees
  • Dallas, TX17 employees
  • Virginia Beach, VA17 employees
  • Roanoke, VA14 employees
  • Mt. Pleasant, SC14 employees
  • Greenville, SC14 employees
  • Winston-Salem, NC13 employees
  • Palm Beach, FL13 employees
  • Charleston, WV13 employees
  • Boca Raton, FL12 employees
What changed
consecutive filings, newest first
  • Accounts · 56,514 to 64,869
    Dec 18, 2019 to Mar 24, 2020
  • Advisory employees · 587 to 568
    Dec 18, 2019 to Mar 24, 2020
  • BD registered reps · 1,616 to 1,601
    Dec 18, 2019 to Mar 24, 2020
  • Charity clients · 373 to 437
    Dec 18, 2019 to Mar 24, 2020
  • Corporate clients · 655 to 711
    Dec 18, 2019 to Mar 24, 2020
  • HNW clients · 3,549 to 4,802
    Dec 18, 2019 to Mar 24, 2020
  • Individual clients · 51,256 to 58,320
    Dec 18, 2019 to Mar 24, 2020
  • Pension plan clients · 581 to 569
    Dec 18, 2019 to Mar 24, 2020
  • Commission compensation · true to false
    Dec 18, 2019 to Mar 24, 2020
  • Assets in custody · $19B to $25B
    Dec 18, 2019 to Mar 24, 2020
  • Employees · 1,840 to 1,833
    Dec 18, 2019 to Mar 24, 2020
  • State-registered IARs · 1,219 to 1,210
    Dec 18, 2019 to Mar 24, 2020
  • Other offices · 1,415 to 1,405
    Dec 18, 2019 to Mar 24, 2020
  • Discretionary RAUM · $17B to $22B
    Dec 18, 2019 to Mar 24, 2020
  • HNW RAUM · $7.8B to $11B
    Dec 18, 2019 to Mar 24, 2020
  • Individual RAUM · $10B to $13B
    Dec 18, 2019 to Mar 24, 2020
  • Non-discretionary RAUM · $3.7B to $4.5B
    Dec 18, 2019 to Mar 24, 2020
  • Pension RAUM · $271M to $327M
    Dec 18, 2019 to Mar 24, 2020
  • RAUM · $20B to $26B
    Dec 18, 2019 to Mar 24, 2020
  • Wrap assets (manager) · $17.5M to $19.5M
    Dec 18, 2019 to Mar 24, 2020
  • Wrap assets (sponsor) · $1.2B to $1.6B
    Dec 18, 2019 to Mar 24, 2020
  • Accounts · 44,665 to 56,514
    Jan 29, 2019 to Mar 26, 2019
  • Advisory employees · 584 to 587
    Jan 29, 2019 to Mar 26, 2019
  • BD registered reps · 1,587 to 1,616
    Jan 29, 2019 to Mar 26, 2019
  • Charity clients · 329 to 373
    Jan 29, 2019 to Mar 26, 2019
  • Corporate clients · 535 to 655
    Jan 29, 2019 to Mar 26, 2019
  • HNW clients · 3,452 to 3,549
    Jan 29, 2019 to Mar 26, 2019
  • Individual clients · 39,791 to 51,256
    Jan 29, 2019 to Mar 26, 2019
  • Pension plan clients · 521 to 581
    Jan 29, 2019 to Mar 26, 2019
  • Assets in custody · $18B to $19B
    Jan 29, 2019 to Mar 26, 2019
  • Employees · 1,823 to 1,840
    Jan 29, 2019 to Mar 26, 2019
  • State-registered IARs · 1,474 to 1,219
    Jan 29, 2019 to Mar 26, 2019
  • Other offices · 1,470 to 1,415
    Jan 29, 2019 to Mar 26, 2019
  • Discretionary RAUM · $15B to $17B
    Jan 29, 2019 to Mar 26, 2019
  • HNW RAUM · $7.5B to $7.8B
    Jan 29, 2019 to Mar 26, 2019
  • Individual RAUM · $9.2B to $10B
    Jan 29, 2019 to Mar 26, 2019
  • Non-discretionary RAUM · $3.7B to $3.7B
    Jan 29, 2019 to Mar 26, 2019
  • Pension RAUM · $317M to $271M
    Jan 29, 2019 to Mar 26, 2019
  • RAUM · $19B to $20B
    Jan 29, 2019 to Mar 26, 2019
  • Wrap assets (manager) · $24.3M to $17.5M
    Jan 29, 2019 to Mar 26, 2019
Signals
18 dated events
  • William Rufus Iii Yates (Chairman Board Of Managers) no longer on Schedule A of Bb&T Securities, Llc (listed 2020-05-18, absent 2020-09-02)
    Sep 2, 2020 · Control person left · inference
  • Alexander Wilson Cecil (Chief Compliance Officer/Board Of Managers) no longer on Schedule A of Bb&T Securities, Llc (listed 2020-05-18, absent 2020-09-02)
    Sep 2, 2020 · Control person left · inference
  • John Bernard Jr Jung (Sr Managing Director/Head Of Capital Markets /Board Of Managers) no longer on Schedule A of Bb&T Securities, Llc (listed 2020-05-18, absent 2020-09-02)
    Sep 2, 2020 · Control person left · inference
  • Thomas Michael Clark (Board Of Managers) no longer on Schedule A of Bb&T Securities, Llc (listed 2020-05-18, absent 2020-09-02)
    Sep 2, 2020 · Control person left · inference
  • Lloyd Daniel Francis (Board Of Managers) no longer on Schedule A of Bb&T Securities, Llc (listed 2020-05-18, absent 2020-09-02)
    Sep 2, 2020 · Control person left · inference
  • Susan Hechtlinger (Chief Compliance Officer/ Board Of Managers) appeared on Schedule A of Bb&T Securities, Llc
    Sep 2, 2020 · Control person joined · fact
  • Felicia Ann Speetjens (Head Of Product/Board Of Managers) appeared on Schedule A of Bb&T Securities, Llc
    Sep 2, 2020 · Control person joined · fact
  • Charles Falconer Iii Mccallum (Head Of Supervision/Board Of Managers) appeared on Schedule A of Bb&T Securities, Llc
    Sep 2, 2020 · Control person joined · fact
  • Bb&T Securities, Llc reported 1405 offices beyond its principal office, down from 1415 (2019-12-18 to 2020-03-24)
    Mar 24, 2020 · Office count change · derived
  • Bb&T Securities, Llc reported RAUM $26.2B, up 29% from $20.3B (2019-12-18 to 2020-03-24)
    Mar 24, 2020 · RAUM change · derived
  • Sidney Buford Scott (Chairman Emeritus) no longer on Schedule A of Bb&T Securities, Llc (listed 2019-05-24, absent 2019-09-11)
    Sep 11, 2019 · Control person left · inference
  • Bb&T Securities, Llc reported 1415 offices beyond its principal office, down from 1470 (2019-01-29 to 2019-03-26)
    Mar 26, 2019 · Office count change · derived
  • Hal Swords Johnson (Board Of Managers) no longer on Schedule A of Bb&T Securities, Llc (listed 2018-12-11, absent 2019-01-02)
    Jan 2, 2019 · Control person left · inference
  • Bb&T Securities, Llc reported 1470 offices beyond its principal office, down from 1496 (2018-02-23 to 2018-03-27)
    Mar 27, 2018 · Office count change · derived
  • Bb&T Securities, Llc reported 1474 state-registered advisory representatives, up from 1183 (2018-02-23 to 2018-03-27)
    Mar 27, 2018 · Advisor headcount change · derived
  • Bb&T Securities, Llc reported 1183 state-registered advisory representatives, up from 444 (2017-08-28 to 2018-01-02)
    Jan 2, 2018 · Advisor headcount change · derived
  • Bb&T Securities, Llc reported RAUM $18.1B, up 35% from $13.4B (2017-08-28 to 2018-01-02)
    Jan 2, 2018 · RAUM change · derived
  • Clearview Correspondent Services, Llc filed its initial SEC registration (Form ADV)
    Sep 7, 2012 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
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
Across the graphs

Bb&T Securities, LLC is the same institution as 1 record in Real Estate Funds.

Real Estate Funds1

Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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