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.

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SEC-registered adviser

C•••••• W••••• M••••••••• L••

Independent wealth managerNaperville, IllinoisCRD 143490SEC 801-67787websiteIAPD
Latest filing Jul 23, 2026
First filing on the tape Mar 30, 2012 · 49 filings
SEC status approved since Apr 25, 2007
RAUM
$5.5B
reported, Item 5.F
Discretionary
89%
of RAUM
Private clients
88%
$4.8B individuals and HNW
Advisors
42
registered through the firm on IAPD
RAUM per advisor
$130M
derived; firm RAUM over IAPD count
Employees
51
39 advisory (5.B.1)
Offices
6
beyond the principal office
Private funds
0
reported on Schedule D
History
49 filings and snapshots on the tape
RAUM$5.5B as of Jul 23, 2026
Mar 30, 2012$902M then
HNW client RAUM$4.5B as of Jul 23, 2026
Mar 23, 2018$1.2B then
State-registered IARs (5.B.3)40 as of Jul 23, 2026
Mar 30, 20120 then
Employees (5.A)51 as of Jul 23, 2026
Mar 28, 201314 then
Private funds: no history
RAUM +34% over the last fiscal year+21% a year over threeIARs 36 to 40offices 7 to 6
Practice profile
derived from the filing of Jul 23, 2026; every figure names its basis
Archetypes, each a printed rule
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$130MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
97derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.4MderivedHNW RAUM over HNW clients
Average account
$1.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
89%derivedof RAUM
Institutional
5.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
6.0derived7 offices incl. principal (1.F.5)
RAUM growth, one year
+34%derivedbetween the last two annual amendments
Advisor growth, one year
+11%derivedItem 5.B.3 between annual amendments
Client growth, one year
+26%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisers, otherreportedItem 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$4.5B82%
  • Individuals$347M6.3%
  • Corporations and businesses$316M5.8%
  • Charitable organizations$244M4.5%
  • Pension and profit-sharing plans$71.5M1.3%
Individual clients
931reported
HNW clients
3,141reported
Pension plan clients
87reported
Charitable clients
42reported
Accounts
4,308reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.88 fund_share=0.0 institutional_share=0.06 related_bd=true related_bank=true bd_reps=21.0 bank_owner=falsederived
Advisors registered through the firm
37 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S•••••• D•••• P•••New York, Ny May 9, 201426 y2
R•••••• A•••• G•••••••Certified Financial PlannerNaperville, Il Jul 28, 201516 y1
S•••• A•••• P•••••Naperville, Il Jul 28, 201516 y1
S•••• S••••••Certified Financial PlannerNaperville, IlSep 12, 201823 y4
M••• R•••••••••Certified Financial PlannerNew York, Ny Nov 20, 201822 y0
C••••••••• J•••• G•••••••Naperville, Il Oct 14, 201920 y1
D•••••• S••••••• T••••••Chartered Financial AnalystNaperville, IlDec 9, 201917 y1
P•••• K••••••Naperville, IlAug 13, 202025 y1
A•••••••• J••• C••••••New York, Ny Mar 4, 202110 y0
E•••••• L••• S••••Certified Financial PlannerCoral Gables, Fl Sep 8, 202126 y4
C••••••••• M• J••••Naperville, IlApr 18, 202220 y2
J••••• L••••••• W•••••••••Naperville, IlOct 28, 202223 y5
V••••••• V•••Certified Financial PlannerCoral Gables, Fl Apr 20, 202312 y1
J•• A••••Chartered Financial AnalystChicago, IlJun 5, 202311 y1
E••• K••••••Naperville, Il Jun 30, 202320 y4
S•••••••• A•••••••• C•••••••Coral Gables, Fl Jul 6, 202329 y8
W•••••• L•••Chartered Financial AnalystNaperville, Il Jul 6, 202311 y0
M••• O•••••Chartered Financial AnalystNaperville, Il Sep 20, 202319 y3
J••• H••••• C•••••••Naperville, IlSep 29, 202337 y3
P•••••• M••••••••Chicago, Il Dec 1, 202310 y2
S••••• L•••••••••Certified Financial PlannerChicago, Il Dec 12, 202312 y3
S•••• J••• C••••• H•••••••Naperville, Il Dec 20, 202315 y1
B•••••• K••••••Certified Financial PlannerNaperville, IlFeb 16, 202418 y2
B•••••• C•••••Certified Financial PlannerNaperville, IlJul 17, 202411 y2
M••• J•••• P•••••Naperville, IlAug 9, 202413 y2
C•••••• W•••••••••Chicago, Il Apr 3, 202510 y0
A••••• A••••••Chartered Financial AnalystNaperville, Il May 13, 202514 y0
W•••••• P•••••• S••••Chicago, Il Jul 16, 202510 y0
T••• M•••••• O•••••Certified Financial PlannerChicago, Il Nov 18, 202523 y6
A•••• T••••• S••••••••Certified Financial PlannerNaperville, Il Dec 12, 202514 y6
S•••••• F•••• R••••San F••••••Co, Ca Jan 6, 202610 y3
G•••••• W••••••••New York, Ny Jan 21, 202614 y2
G•••••• N•••••• G•••••Coral Gables, FlApr 3, 202611 y0
M•••••• C•••••Chicago, IlJun 2, 202624 y7
M•••••• Q••••••Certified Financial PlannerChicago, Il Jun 25, 202613 y1
M•••••• B•••• L•••••Naperville, Il Jul 10, 202618 y8
K•••••• S••••New York, NyJul 24, 202631 y5
Advisor movement
3 left, 8 joined in 12 months
net +5 in 12 months1 left in 90 days3 joined in 90 daysdeparture rate 7.1% of current headcount10 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • C•••••• S••• J•••• P•••• · Fou••••, Chairman & Global Co-Ciocontrol
    since 10/2004 · owns less than 5%
  • D•••••••• D•••••• L•• · Evp, Chief Operating Officer Wealth Managementcontrol
    since 04/2021 · owns less than 5%
  • H•••••• T•••••• E••••• · Evp, Chief Financial Officercontrol
    since 06/2016 · owns less than 5%
  • K••••••••• J•••• S•••• · President & Chief Executive Officercontrol
    since 04/2016 · owns less than 5%
  • O••••• E•••• D••••• · Svp, General Counsel & Secretarycontrol
    since 07/2023 · owns less than 5%
  • S•••••• J••••••••• E•••••••• · Svp, Chief Compliance Officercontrol
    since 11/2015 · owns less than 5%
  • W••••••••• J•••••• L••••••• · Svp, Head Of C•••••• Wealth Managementcontrol
    since 10/2022 · owns less than 5%
  • C•••••• S••• J•••• P•••• · T•••••• And Shareholdercontrol
    since 08/1985 · owns 75% or more of J••• P• C••••••• T••••••• U•••• T•• J••• P• C•••••• 1••• T••••
  • C•••••• S••• J•••• P•••• · Managercontrol
    since 07/2016 · owns F of C•••••• P••••••• L••
  • C•••••• S••• J•••• P•••• · Shareholdercontrol
    since 12/2020 · owns 50% to 75% of C•••••• A•••• M••••••••• I•••
  • K••••••••• J•••• S•••• · Shareholdercontrol
    since 12/2020 · owns 25% to 50% of C•••••• A•••• M••••••••• I•••
  • K••••••••• J•••• S•••• · Managercontrol
    since 07/2016 · owns F of C•••••• P••••••• L••
  • T••••••••• W••••••• J• · Managercontrol
    since 07/2016 · owns F of C•••••• P••••••• L••
  • K••••• W•••••• M•••••••• · Svp, Chief Compliance Officer
    since 04/2026 · owns less than 5%
Entity owners
  • C•••••• I••••••••• L•• · Sole Member/Manager
    direct · owns 75% or more
  • C•••••• A•••• M••••••••• I••• · Sole Manager/Member
    indirect · owns F of C•••••• I••••••••• L••
  • C•••••• F••••• P•••••••• I••• · Member
    indirect · owns 75% or more of C•••••• P••••••• L••
  • C•••••• P••••••• L•• · Member
    indirect · owns 75% or more of C•••••• I••••••••• L••
  • J••• P• C••••••• T••••••• U•••• T•• J••• P• C•••••• 1••• T•••• · Shareholder
    indirect · owns 50% to 75% of C•••••• F••••• P•••••••• I•••
Related persons
Schedule D 7.A
Advisers that list C•••••• W••••• M••••••••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Naperville, Il · principal3761
Chicago, Il1340
New York, Ny730
Coral Gables, Fl712
San F••••••Co, Ca210
Offices
Schedule D 1.F, the 25 largest
  • Chicago, IL8 employees
  • Coral Gables, FL6 employees
  • New York, NY5 employees
  • , 1 employees
  • Milwaukee, WI1 employees
  • Portland, OR1 employees
  • San F••••••Co, CA1 employees
ADV anomalies
4 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Jul 23, 2026
    S•••••• J••••••••• E•••••••• (SVP, CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2024-03-22 and 2026-07-23
    peers: independent wealth managers, $5B to $20B (289)
  • control person changedChange between filings · filing Jul 23, 2026
    C•••••• S••• J•••• P•••• (FOU••••, CHAIRMAN & GLOBAL CO-CIO) left Schedule A between the filings of 2024-03-22 and 2026-07-23
    peers: independent wealth managers, $5B to $20B (289)
  • control person changedChange between filings · filing Jul 23, 2026
    W••••••••• J•••••• L••••••• (SVP, HEAD OF C•••••• WEALTH MANAGEMENT) left Schedule A between the filings of 2024-03-22 and 2026-07-23
    peers: independent wealth managers, $5B to $20B (289)
  • control person changedChange between filings · filing Jul 23, 2026
    T••••••••• W••••••• J• (MANAGER) left Schedule A between the filings of 2024-03-22 and 2026-07-23
    peers: independent wealth managers, $5B to $20B (289)
What changed
consecutive filings, newest first
  • Accounts · 3,434 to 4,308
    Mar 27, 2025 to Mar 26, 2026
  • Advisory employees · 36 to 39
    Mar 27, 2025 to Mar 26, 2026
  • BD registered reps · 20 to 21
    Mar 27, 2025 to Mar 26, 2026
  • Charity clients · 41 to 42
    Mar 27, 2025 to Mar 26, 2026
  • Corporate clients · 73 to 91
    Mar 27, 2025 to Mar 26, 2026
  • HNW clients · 2,383 to 3,141
    Mar 27, 2025 to Mar 26, 2026
  • Individual clients · 852 to 931
    Mar 27, 2025 to Mar 26, 2026
  • Pension plan clients · 83 to 87
    Mar 27, 2025 to Mar 26, 2026
  • Employees · 45 to 51
    Mar 27, 2025 to Mar 26, 2026
  • State-registered IARs · 36 to 40
    Mar 27, 2025 to Mar 26, 2026
  • Other offices · 7 to 6
    Mar 27, 2025 to Mar 26, 2026
  • Discretionary RAUM · $3.7B to $4.9B
    Mar 27, 2025 to Mar 26, 2026
  • HNW RAUM · $3.3B to $4.5B
    Mar 27, 2025 to Mar 26, 2026
  • Individual RAUM · $273M to $347M
    Mar 27, 2025 to Mar 26, 2026
  • Non-discretionary RAUM · $394M to $582M
    Mar 27, 2025 to Mar 26, 2026
  • Pension RAUM · $67.9M to $71.5M
    Mar 27, 2025 to Mar 26, 2026
  • RAUM · $4.1B to $5.5B
    Mar 27, 2025 to Mar 26, 2026
  • Accounts · 3,021 to 3,434
    Mar 22, 2024 to Mar 27, 2025
  • Advisory employees · 33 to 36
    Mar 22, 2024 to Mar 27, 2025
  • BD registered reps · 18 to 20
    Mar 22, 2024 to Mar 27, 2025
  • Corporate clients · 54 to 73
    Mar 22, 2024 to Mar 27, 2025
  • HNW clients · 2,134 to 2,383
    Mar 22, 2024 to Mar 27, 2025
  • Individual clients · 710 to 852
    Mar 22, 2024 to Mar 27, 2025
  • Pension plan clients · 82 to 83
    Mar 22, 2024 to Mar 27, 2025
  • Employees · 41 to 45
    Mar 22, 2024 to Mar 27, 2025
  • Financial planning clients · 251-500 to 251-500
    Mar 22, 2024 to Mar 27, 2025
  • State-registered IARs · 33 to 36
    Mar 22, 2024 to Mar 27, 2025
  • Other offices · 8 to 7
    Mar 22, 2024 to Mar 27, 2025
  • Discretionary RAUM · $3.1B to $3.7B
    Mar 22, 2024 to Mar 27, 2025
  • HNW RAUM · $2.7B to $3.3B
    Mar 22, 2024 to Mar 27, 2025
  • Individual RAUM · $192M to $273M
    Mar 22, 2024 to Mar 27, 2025
  • Non-discretionary RAUM · $216M to $394M
    Mar 22, 2024 to Mar 27, 2025
  • Pension RAUM · $59.6M to $67.9M
    Mar 22, 2024 to Mar 27, 2025
  • RAUM · $3.3B to $4.1B
    Mar 22, 2024 to Mar 27, 2025
  • Non-discretionary RAUM · $147M to $216M
    Aug 23, 2023 to Mar 22, 2024
  • Pension RAUM · $67.2M to $59.6M
    Aug 23, 2023 to Mar 22, 2024
  • RAUM · $3.1B to $3.3B
    Aug 23, 2023 to Mar 22, 2024
  • Accounts · 3,128 to 3,021
    Aug 23, 2023 to Mar 22, 2024
  • Advisory employees · 26 to 33
    Aug 23, 2023 to Mar 22, 2024
  • BD registered reps · 15 to 18
    Aug 23, 2023 to Mar 22, 2024
Signals
32 dated events
  • N••••••• K••••••••• left C•••••• W••••• M••••••••• L•• for M••••• S•••••• (registered 2026-08-12)
    Aug 5, 2026 · a•••••• firm change · fact
  • S•••• J• C••••• left C•••••• W••••• M••••••••• L•• for Corient (registered 2026-04-29)
    Apr 24, 2026 · a•••••• firm change · fact
  • C•••••• W••••• M••••••••• L•• reported RAUM $5.5B, up 34% from $4.1B (2025-03-27 to 2026-03-26)
    Mar 26, 2026 · RAUM change · derived
  • J•••• M•••• left C•••••• W••••• M••••••••• L•• for H•••••••• A•••••••• L•• (registered 2026-03-02)
    Nov 20, 2025 · a•••••• firm change · fact
  • W••••• J••• M••••• left C•••••• W••••• M••••••••• L•• for A•••••••• C•••••• L•• (registered 2025-09-08)
    Sep 8, 2025 · a•••••• firm change · fact
  • J••••• W•••••• left C•••••• W••••• M••••••••• L•• for N••••• F•••••••• G••••• I••• (registered 2024-10-03)
    Aug 16, 2024 · a•••••• firm change · fact
  • L••• E•••••• T•••• R••••• left C•••••• W••••• M••••••••• L•• for C•••••••• I••••••••• R••••••• A•••••••• I••• (registered 2024-08-12)
    May 29, 2024 · a•••••• firm change · fact
  • K••••• K• W••• left C•••••• W••••• M••••••••• L•• for S••• P•••••• W••••• G••••• L•• (registered 2023-11-30)
    Dec 4, 2023 · a•••••• firm change · fact
  • C•••••••• C•••••••• left C•••••• W••••• M••••••••• L•• for S••• P•••••• W••••• G••••• L•• (registered 2023-11-30)
    Dec 4, 2023 · a•••••• firm change · fact
  • 2 advisors left C•••••• W••••• M••••••••• L•• (Naperville, IL) for S••• P•••••• W••••• G••••• L•• on the same day
    Dec 4, 2023 · Team lift-out · derived
  • L•••• H••••• R•••••••• left C•••••• W••••• M••••••••• L•• for C••••••••• F•••••••• N•••••• (registered 2024-06-28)
    Oct 24, 2023 · a•••••• firm change · fact
  • S•••••••• L••• F•••••• left C•••••• W••••• M••••••••• L•• for J•••••••• I••••••••• A••••••• L•• (registered 2023-10-16)
    Oct 9, 2023 · a•••••• firm change · fact
  • D••••• E••• O•••• (Svp, General Counsel) appeared on Schedule A of C•••••• W••••• M••••••••• L••
    Aug 23, 2023 · Control person joined · fact
  • C••••••••• Jerald Jackson (Svp, General Counsel & Secretary) no longer on Schedule A of C•••••• W••••• M••••••••• L•• (listed 2023-03-30, absent 2023-08-23)
    Aug 23, 2023 · Control person left · inference
  • I•• J••••• R••••• left C•••••• W••••• M••••••••• L•• for P•••• W••••• M••••••••• (registered 2023-03-23)
    Mar 7, 2023 · a•••••• firm change · fact
  • L••••••• J••••• W••••••••• (Svp, Head Of C•••••• Wealth Management) appeared on Schedule A of C•••••• W••••• M••••••••• L••
    Nov 2, 2022 · Control person joined · fact
  • Paul J••••• N•••• (Svp, Head Of C•••••• Wealth Management) no longer on Schedule A of C•••••• W••••• M••••••••• L•• (listed 2022-03-29, absent 2022-11-02)
    Nov 2, 2022 · Control person left · inference
  • J••••• N•••• left C•••••• W••••• M••••••••• L•• for C•••••••• G••••• M•••••• I••• (registered 2023-01-31)
    Oct 28, 2022 · a•••••• firm change · fact
  • C•••••• W••••• M••••••••• L•• reported RAUM $3.4B, up 32% from $2.6B (2021-09-23 to 2022-03-29)
    Mar 29, 2022 · RAUM change · derived
  • R••• J•••• M••••• (Svp, Chief Investment Officer Of Wealth Managenent) no longer on Schedule A of C•••••• W••••• M••••••••• L•• (listed 2021-09-23, absent 2022-03-29)
    Mar 29, 2022 · Control person left · inference
  • J•••• F•••••• B••• left C•••••• W••••• M••••••••• L•• for T•••••••• C•••••• A•••••••• L•• (registered 2022-09-30)
    Mar 3, 2022 · a•••••• firm change · fact
  • Maurice Derek Olsen (Svp, Chief Of It, Operations & Co-Head Of Risk) no longer on Schedule A of C•••••• W••••• M••••••••• L•• (listed 2021-03-12, absent 2021-05-12)
    May 12, 2021 · Control person left · inference
  • D••••• D••••••• (Evp, Chief Operating Officer) appeared on Schedule A of C•••••• W••••• M••••••••• L••
    May 12, 2021 · Control person joined · fact
  • C•••••• W••••• M••••••••• L•• reported RAUM $2.6B, up 36% from $1.9B (2020-06-29 to 2021-03-12)
    Mar 12, 2021 · RAUM change · derived
  • Paul J••••• N•••• (Svp, Head Of C•••••• Wealth Management) appeared on Schedule A of C•••••• W••••• M••••••••• L••
    Mar 12, 2021 · Control person joined · fact
  • F•••••• J•••• B••• (Evp, President Of Wealth Managment) no longer on Schedule A of C•••••• W••••• M••••••••• L•• (listed 2020-06-29, absent 2021-03-12)
    Mar 12, 2021 · Control person left · inference
  • C•••••• W••••• M••••••••• L•• reported RAUM $1.9B, up 29% from $1.5B (2019-06-28 to 2020-03-17)
    Mar 17, 2020 · RAUM change · derived
  • R••• J•••• M••••• (Svp, Chief Investment Officer Of Wealth Managenent) appeared on Schedule A of C•••••• W••••• M••••••••• L••
    Mar 17, 2020 · Control person joined · fact
  • George M•••••• Kassab (Vp, Chief Investment Officer Of Wealth Management Strategies) no longer on Schedule A of C•••••• W••••• M••••••••• L•• (listed 2019-06-28, absent 2020-03-17)
    Mar 17, 2020 · Control person left · inference
  • C•••••• Laura Nasir (Svp, Chief Administrative Officer) no longer on Schedule A of C•••••• W••••• M••••••••• L•• (listed 2018-06-29, absent 2019-03-27)
    Mar 27, 2019 · Control person left · inference
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business email
cwmwealthadvisors@calamos.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
888-857-7604reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/calamos-wealth-managementreportedpublic record, Form ADV, Sep 18, 2026
Website
wm.calamos.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
630.245.7200reportedpublic record, Form ADV, Jul 23, 2026
Team page
wm.calamos.com/leadership-teamreportedpublished by the firm, firm site, Sep 15, 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
$130Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026