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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Former SEC-registered adviser

P•••••••• R••••••••• I••••••••• A•••••••

Former SEC-registered adviserNorfolk, VirginiaCRD 145076SEC 801-68408IAPD
Legal name P•••••••• P•••••••• L••
Latest filing Mar 28, 2022
First filing on the tape Dec 21, 2011 · 35 filings
RAUM
$3.4B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
90%
$3.0B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
31
13 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$3.4B as of Mar 28, 2022
Mar 22, 2012$1.3B then
HNW client RAUM$2.8B as of Mar 28, 2022
Mar 28, 2018$1.7B then
State-registered IARs (5.B.3)11 as of Mar 28, 2022
Mar 22, 20120 then
Employees (5.A)31 as of Mar 28, 2022
Mar 1, 201322 then
Private funds: no history
RAUM +21% over the last fiscal year+16% a year over threeIARs 13 to 11
Practice profile
derived from the filing of Mar 28, 2022; every figure names its basis
RAUM per advisor
$306MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
100derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.5MderivedHNW RAUM over HNW clients
Average account
$1.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
7.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.8derivedItem 5.A over advisors
Advisors per office
11.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
-15%derivedItem 5.B.3 between annual amendments
Client growth, one year
+9.7%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, publications, educational seminarsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$1.9B, 1,111 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
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.8B83%
  • Individuals$218M6.5%
  • Pension and profit-sharing plans$138M4.1%
  • Charitable organizations$102M3.0%
  • Corporations and businesses$98.3M2.9%
Individual clients
477reported
HNW clients
622reported
Pension plan clients
40reported
Charitable clients
32reported
Accounts
2,579reported
Financial planning clients
26-50reported
Wrap fee programs
$0 sponsored, $168M managedreported
Custody of client assets
$1.9B for 1,111 clientsreported
Compensation
% of AUM, fixed, hourlyreported
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
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
    • D••••••••• M••••••• P•••••• · Directorcontrol
      since 01/2018 · owns 5% to 10%
    • H•••••• H••••• U•••• · Directorcontrol
      since 01/2012 · owns 10% to 25%
    • I••••• J••••• J••••••• · Directorcontrol
      since 01/2012 · owns 25% to 50%
    • T•••••• J•••••••• L•• · Directorcontrol
      since 01/2019 · owns less than 5%
    • T••••••• J•••••• A•••• · Directorcontrol
      since 01/2021 · owns less than 5%
    • W•••••• K••••••••• C••• · Directorcontrol
      since 01/2012 · owns 25% to 50%
    • H•••••• W••••••• W•••••• · Chief Financial Officer
      since 12/2017 · owns less than 5%
    • P•••••• K••••••• M•••• · Chief Operating Officer
      since 01/2012 · owns less than 5%
    • R••••••• N••••• E•••••••• · Chief Compliance Officer
      since 04/2009 · owns less than 5%
    • R•••••••• R•••••• W•••••••• · Chief Administrative Officer
      since 01/2012 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 2,419 to 2,579
      Jan 13, 2022 to Mar 28, 2022
    • Charity clients · 28 to 32
      Jan 13, 2022 to Mar 28, 2022
    • Corporate clients · 21 to 15
      Jan 13, 2022 to Mar 28, 2022
    • HNW clients · 579 to 622
      Jan 13, 2022 to Mar 28, 2022
    • Individual clients · 423 to 477
      Jan 13, 2022 to Mar 28, 2022
    • Pension plan clients · 28 to 40
      Jan 13, 2022 to Mar 28, 2022
    • Assets in custody · $1.7B to $1.9B
      Jan 13, 2022 to Mar 28, 2022
    • Employees · 32 to 31
      Jan 13, 2022 to Mar 28, 2022
    • Financial planning clients · 51-100 to 26-50
      Jan 13, 2022 to Mar 28, 2022
    • State-registered IARs · 13 to 11
      Jan 13, 2022 to Mar 28, 2022
    • Discretionary RAUM · $2.7B to $3.3B
      Jan 13, 2022 to Mar 28, 2022
    • HNW RAUM · $2.3B to $2.8B
      Jan 13, 2022 to Mar 28, 2022
    • Individual RAUM · $179M to $218M
      Jan 13, 2022 to Mar 28, 2022
    • Non-discretionary RAUM · $40.0M to $91.7M
      Jan 13, 2022 to Mar 28, 2022
    • Pension RAUM · $101M to $138M
      Jan 13, 2022 to Mar 28, 2022
    • RAUM · $2.8B to $3.4B
      Jan 13, 2022 to Mar 28, 2022
    • Wrap assets (manager) · $76.3M to $168M
      Jan 13, 2022 to Mar 28, 2022
    • Accounts · 2,243 to 2,419
      Nov 25, 2020 to Mar 31, 2021
    • Advisory employees · 11 to 13
      Nov 25, 2020 to Mar 31, 2021
    • Advisory activities · 6 to 5
      Nov 25, 2020 to Mar 31, 2021
    • Corporate clients · 18 to 21
      Nov 25, 2020 to Mar 31, 2021
    • HNW clients · 532 to 579
      Nov 25, 2020 to Mar 31, 2021
    • Individual clients · 417 to 423
      Nov 25, 2020 to Mar 31, 2021
    • Pension plan clients · 30 to 28
      Nov 25, 2020 to Mar 31, 2021
    • Assets in custody · $1.5B to $1.7B
      Nov 25, 2020 to Mar 31, 2021
    • Employees · 29 to 32
      Nov 25, 2020 to Mar 31, 2021
    • State-registered IARs · 11 to 13
      Nov 25, 2020 to Mar 31, 2021
    • Discretionary RAUM · $2.5B to $2.7B
      Nov 25, 2020 to Mar 31, 2021
    • HNW RAUM · $2.1B to $2.3B
      Nov 25, 2020 to Mar 31, 2021
    • Individual RAUM · $187M to $179M
      Nov 25, 2020 to Mar 31, 2021
    • Non-discretionary RAUM · $34.1M to $40.0M
      Nov 25, 2020 to Mar 31, 2021
    • Pension RAUM · $106M to $101M
      Nov 25, 2020 to Mar 31, 2021
    • RAUM · $2.5B to $2.8B
      Nov 25, 2020 to Mar 31, 2021
    • Wrap assets (manager) · $72.8M to $76.3M
      Nov 25, 2020 to Mar 31, 2021
    • Accounts · 2,121 to 2,243
      Jan 7, 2020 to Mar 30, 2020
    • Charity clients · 27 to 28
      Jan 7, 2020 to Mar 30, 2020
    • Corporate clients · 22 to 18
      Jan 7, 2020 to Mar 30, 2020
    • HNW clients · 474 to 532
      Jan 7, 2020 to Mar 30, 2020
    • Individual clients · 440 to 417
      Jan 7, 2020 to Mar 30, 2020
    • Pension plan clients · 29 to 30
      Jan 7, 2020 to Mar 30, 2020
    Signals
    16 dated events
    • W•••••••• S•••••• L••• left P•••••••• R••••••••• I••••••••• A••••••• for C••••• P••••••• L•• (registered 2022-06-09)
      Sep 2, 2022 · Advisor changed firm · fact
    • J••••••• L•• T••••• left P•••••••• R••••••••• I••••••••• A••••••• for C••••• P••••••• L•• (registered 2022-06-17)
      Sep 2, 2022 · Advisor changed firm · fact
    • K•••••••• C••• W••••• left P•••••••• R••••••••• I••••••••• A••••••• for C••••• P••••••• L•• (registered 2022-06-14)
      Sep 2, 2022 · Advisor changed firm · fact
    • J••••• A•••• T•••••• left P•••••••• R••••••••• I••••••••• A••••••• for C••••• P••••••• L•• (registered 2022-06-09)
      Sep 2, 2022 · Advisor changed firm · fact
    • M••••• A•• C••••••• left P•••••••• R••••••••• I••••••••• A••••••• for C••••• P••••••• L•• (registered 2024-05-03)
      Sep 2, 2022 · Advisor changed firm · fact
    • C••• D•••• K•••••• left P•••••••• R••••••••• I••••••••• A••••••• for C••••• P••••••• L•• (registered 2022-06-29)
      Sep 2, 2022 · Advisor changed firm · fact
    • J••••••• E••••• M••••• left P•••••••• R••••••••• I••••••••• A••••••• for C••••• P••••••• L•• (registered 2022-06-17)
      Sep 2, 2022 · Advisor changed firm · fact
    • J•••• J••••••• I•••• left P•••••••• R••••••••• I••••••••• A••••••• for C••••• P••••••• L•• (registered 2022-06-14)
      Sep 2, 2022 · Advisor changed firm · fact
    • H•••• U•••• H••••• left P•••••••• R••••••••• I••••••••• A••••••• for C••••• P••••••• L•• (registered 2022-06-14)
      Sep 2, 2022 · Advisor changed firm · fact
    • M•••••• P•••••• D•••••••• left P•••••••• R••••••••• I••••••••• A••••••• for C••••• P••••••• L•• (registered 2022-06-14)
      Sep 2, 2022 · Advisor changed firm · fact
    • E•••••••• A• D••••• left P•••••••• R••••••••• I••••••••• A••••••• for C••••• P••••••• L•• (registered 2022-06-17)
      Sep 2, 2022 · Advisor changed firm · fact
    • W••••• W•••••• P••••••• left P•••••••• R••••••••• I••••••••• A••••••• for C••••• P••••••• L•• (registered 2022-06-17)
      Sep 2, 2022 · Advisor changed firm · fact
    • P•••••••• R••••••••• I••••••••• A•••••••'s advisors moved to C••••• P••••••• L•• (Norfolk, VA): 12 of 12 registered, on the same day
      Sep 2, 2022 · Firm absorbed (people side) · derived
    • Allen Justin Topping (Director) appeared on Schedule A of P•••••••• R••••••••• I••••••••• A•••••••
      Jun 21, 2021 · Control person joined · fact
    • Barksdale Dickinson Phillips (Director) no longer on Schedule A of P•••••••• R••••••••• I••••••••• A••••••• (listed 2019-05-08, absent 2020-01-07)
      Jan 7, 2020 · Control person left · inference
    • Lee Jonathan Taylor (Director) appeared on Schedule A of P•••••••• R••••••••• I••••••••• A•••••••
      May 8, 2019 · Control person joined · fact
    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