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

Broad Reach Capital LLC

Institutional managerRaleigh, North CarolinaCRD 144686SEC 801-130959websiteIAPD
Latest filing May 21, 2026
First filing on the tape Jul 22, 2024 · 4 filings
SEC status approved since Aug 21, 2024
RAUM
$180M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
1.6%
$2.8M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$60.2M
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
4 filings and snapshots on the tape
RAUM$180M as of May 21, 2026
Mar 13, 2025$126M then
HNW client RAUM$2.2M as of May 21, 2026
Mar 13, 2025$2.3M then
State-registered IARs (5.B.3)2 as of May 21, 2026
Mar 13, 20252 then
Employees (5.A)4 as of May 21, 2026
Mar 13, 20254 then
Private funds: no history
RAUM +43% over the last fiscal yearIARs 2 to 2
Practice profile
derived from the filing of May 21, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
RAUM per advisor
$60.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
3derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$370,796derivedHNW RAUM over HNW clients
Average account
$7.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
95%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+43%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-10%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Insurance companies$172M95%
  • Corporations and businesses$5.6M3.1%
  • High-net-worth individuals$2.2M1.2%
  • Individuals$586,0250.3%
Individual clients
3reported
HNW clients
6reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
25reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.02 fund_share=0.0 institutional_share=0.95 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Scott Aaron SyphersRaleigh, NcSep 26, 200727 y1
Timothy Lee SmithBainbridge, Ga Jan 10, 202310 y0
John Patrick VandecarRaleigh, NcSep 2, 202511 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Aaron Scott Syphers · Managing Member/Ccocontrol
    since 08/2011 · owns 75% or more
Related persons
Schedule D 7.A
  • Broad Reach Reinsurance Company Inc
    real estatey
  • Broad Reach Risk Management LLC
    real estatey
  • Evolution Insurance Company Inc
    real estatey
  • Mastwood Insurance Company Inc
    real estatey
  • Moose River Insurance Company Inc
    real estatey
  • Mrm Insurance Company Inc
    real estatey
  • Pag Insurance Company, Inc.
    real estatey
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Raleigh, Nc · principal300
Offices
Schedule D 1.F, the 25 largest
  • Bainbridge, GA1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • RAUM up 25 %Change between filings · filing Feb 9, 2026
    RAUM (Item 5.F) moved from $125,952,819 to $180,469,462 (+43.0%) between the annual amendments of 2025-03-13 and 2026-02-09; the peer median change was +9.0% (93 comparable advisers, 93.0th percentile of changes)
    peers: institutional managers, $100M to $500M (93) · 93% percentile
What changed
consecutive filings, newest first
  • RAUM · $126M to $180M
    Mar 13, 2025 to Feb 9, 2026
  • Accounts · 30 to 25
    Mar 13, 2025 to Feb 9, 2026
  • Individual clients · 4 to 3
    Mar 13, 2025 to Feb 9, 2026
  • Discretionary RAUM · $126M to $180M
    Mar 13, 2025 to Feb 9, 2026
  • HNW RAUM · $2.3M to $2.2M
    Mar 13, 2025 to Feb 9, 2026
  • Individual RAUM · $889,356 to $586,025
    Mar 13, 2025 to Feb 9, 2026
  • Accounts · 27 to 30
    Jul 22, 2024 to Mar 13, 2025
  • Corporate clients · 5 to 4
    Jul 22, 2024 to Mar 13, 2025
  • HNW clients · 9 to 6
    Jul 22, 2024 to Mar 13, 2025
  • Individual clients · unset to 4.0
    Jul 22, 2024 to Mar 13, 2025
  • Financial planning clients · 0 to 0
    Jul 22, 2024 to Mar 13, 2025
  • Discretionary RAUM · $111M to $126M
    Jul 22, 2024 to Mar 13, 2025
  • HNW RAUM · $3.2M to $2.3M
    Jul 22, 2024 to Mar 13, 2025
  • Individual RAUM · unset to 889356.0
    Jul 22, 2024 to Mar 13, 2025
  • RAUM · $111M to $126M
    Jul 22, 2024 to Mar 13, 2025
Signals
1 dated events
  • Broad Reach Capital Llc filed its initial SEC registration (Form ADV)
    Jul 22, 2024 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/broad-reach-partners-llc-ncreportedpublic record, Form ADV, Sep 17, 2026
Website
BROADREACHPARTNERSLLC.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
919-309-9325reportedpublic record, Form ADV, May 21, 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
Institutional managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$60.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026