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

Poplar Forest Capital LLC

Former SEC-registered adviserPasadena, CaliforniaCRD 145250SEC 801-68455websiteIAPD
Latest filing Mar 17, 2025
First filing on the tape Mar 29, 2012 · 24 filings
SEC status approved since Oct 31, 2007
RAUM
$1.3B
reported, Item 5.F
Discretionary
44%
of RAUM
Private clients
9.8%
$126M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
10
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$1.3B as of Mar 17, 2025
Mar 29, 2012$355M then
HNW client RAUM$125M as of Mar 17, 2025
Mar 28, 2018$133M then
State-registered IARs (5.B.3)2 as of Mar 17, 2025
Mar 29, 20120 then
Employees (5.A)10 as of Mar 17, 2025
Mar 26, 20138 then
Private funds1 as of Mar 17, 2025
Mar 29, 20121 then
RAUM +5.6% over the last fiscal year+1.4% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 17, 2025; every figure names its basis
RAUM per advisor
$641MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.3MderivedHNW RAUM over HNW clients
Average account
$20.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
44%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
5.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+5.6%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 assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, otherreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$11.4M, 6 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Other investment advisers$684M53%
  • Investment companies$374M29%
  • High-net-worth individuals$125M9.8%
  • Pooled investment vehicles$98.6M7.7%
  • Individuals$474,9170.0%
Individual clients
n/areported
HNW clients
20reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
64reported
Financial planning clients
n/areported
Wrap fee programs
$0 sponsored, $2.4M managedreported
Custody of client assets
$11.4M for 6 clientsreported
Compensation
% of AUMreported
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
Private funds
3 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Poplar Forest Fund, L.P.Other Private Fund$96.6M15Mar 29, 2012
Poplar Forest Outliers Fund, L.P.no longer reportedOther Private Fund$3.5M2Mar 26, 2013
Lake Avenue Partners Fund Select L.P.no longer reportedHedge Fund$00Mar 31, 2022
Owners and control persons
Schedule A and B, latest filing
  • Erin Chetwood · Chief Compliance Officercontrol
    since 03/2022 · owns less than 5%
  • Dale James Harvey · Managing Member, Chairman, & Ceocontrol
    since 09/2007 · owns 75% or more
  • Ryan Anne Newman · Chief Financial Officer And Chief Operating Officercontrol
    since 01/2012 · owns less than 5%
  • Wayne Drew Taylor · Presidentcontrol
    since 03/2022 · owns less than 5%
  • Scott Derek Derman · Research Analyst & Co-Portfolio Manager
    since 07/2017 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
New York, Ny000
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 71 to 64
    Mar 28, 2024 to Mar 17, 2025
  • Advisory employees · 7 to 6
    Mar 28, 2024 to Mar 17, 2025
  • HNW clients · 24 to 20
    Mar 28, 2024 to Mar 17, 2025
  • Assets in custody · $106M to $11.4M
    Mar 28, 2024 to Mar 17, 2025
  • Employees · 13 to 10
    Mar 28, 2024 to Mar 17, 2025
  • Discretionary RAUM · $728M to $566M
    Mar 28, 2024 to Mar 17, 2025
  • HNW RAUM · $154M to $125M
    Mar 28, 2024 to Mar 17, 2025
  • Individual RAUM · $419,304 to $474,917
    Mar 28, 2024 to Mar 17, 2025
  • Non-discretionary RAUM · $486M to $716M
    Mar 28, 2024 to Mar 17, 2025
  • Pooled vehicle RAUM · $96.6M to $98.6M
    Mar 28, 2024 to Mar 17, 2025
  • RAUM · $1.2B to $1.3B
    Mar 28, 2024 to Mar 17, 2025
  • Wrap assets (manager) · $3.8M to $2.4M
    Mar 28, 2024 to Mar 17, 2025
  • Accounts · 72 to 71
    Mar 21, 2023 to Mar 28, 2024
  • HNW clients · 25 to 24
    Mar 21, 2023 to Mar 28, 2024
  • Pooled vehicle clients · 2 to 1
    Mar 21, 2023 to Mar 28, 2024
  • Assets in custody · $114M to $106M
    Mar 21, 2023 to Mar 28, 2024
  • Discretionary RAUM · $856M to $728M
    Mar 21, 2023 to Mar 28, 2024
  • HNW RAUM · $171M to $154M
    Mar 21, 2023 to Mar 28, 2024
  • Individual RAUM · $621,588 to $419,304
    Mar 21, 2023 to Mar 28, 2024
  • Non-discretionary RAUM · $252M to $486M
    Mar 21, 2023 to Mar 28, 2024
  • Pooled vehicle RAUM · $104M to $96.6M
    Mar 21, 2023 to Mar 28, 2024
  • RAUM · $1.1B to $1.2B
    Mar 21, 2023 to Mar 28, 2024
  • Wrap assets (manager) · $4.5M to $3.8M
    Mar 21, 2023 to Mar 28, 2024
  • Accounts · 63 to 72
    Mar 31, 2022 to Mar 21, 2023
  • Advisory employees · 9 to 7
    Mar 31, 2022 to Mar 21, 2023
  • HNW clients · 22 to 25
    Mar 31, 2022 to Mar 21, 2023
  • Pooled vehicle clients · 1 to 2
    Mar 31, 2022 to Mar 21, 2023
  • Assets in custody · $114M to $114M
    Mar 31, 2022 to Mar 21, 2023
  • Employees · 14 to 13
    Mar 31, 2022 to Mar 21, 2023
  • Private funds · 2 to 1
    Mar 31, 2022 to Mar 21, 2023
  • Discretionary RAUM · $967M to $856M
    Mar 31, 2022 to Mar 21, 2023
  • HNW RAUM · $177M to $171M
    Mar 31, 2022 to Mar 21, 2023
  • Individual RAUM · $719,720 to $621,588
    Mar 31, 2022 to Mar 21, 2023
  • Non-discretionary RAUM · $261M to $252M
    Mar 31, 2022 to Mar 21, 2023
  • Pooled vehicle RAUM · $97.3M to $104M
    Mar 31, 2022 to Mar 21, 2023
  • RAUM · $1.2B to $1.1B
    Mar 31, 2022 to Mar 21, 2023
  • Wrap assets (manager) · $3.9M to $4.5M
    Mar 31, 2022 to Mar 21, 2023
  • Accounts · 36 to 63
    Jan 11, 2022 to Mar 31, 2022
  • HNW clients · 25 to 22
    Jan 11, 2022 to Mar 31, 2022
  • Assets in custody · $89.7M to $114M
    Jan 11, 2022 to Mar 31, 2022
Signals
7 dated events
  • Poplar Forest Capital Llc no longer on the SEC adviser roster (last listed 2025-06-02, RAUM $1.3B)
    Jul 1, 2025 · Left the SEC roster · derived
  • James Dale Harvey left Poplar Forest Capital Llc for Tocqueville Asset Management Lp (registered 2025-04-22)
    Jun 17, 2025 · Advisor changed firm · fact
  • Christopher Evans Morphy left Poplar Forest Capital Llc for Tocqueville Asset Management Lp (registered 2025-04-22)
    Apr 16, 2025 · Advisor changed firm · fact
  • Erin Chetwood (Chief Compliance Officer) appeared on Schedule A of Poplar Forest Capital Llc
    Mar 31, 2022 · Control person joined · fact
  • Wayne Drew Taylor (President) appeared on Schedule A of Poplar Forest Capital Llc
    Mar 31, 2022 · Control person joined · fact
  • Evans Christopher Morphy (President) no longer on Schedule A of Poplar Forest Capital Llc (listed 2022-01-11, absent 2022-03-31)
    Mar 31, 2022 · Control person left · inference
  • Poplar Forest Capital Llc reported RAUM $1.1B, down 27% from $1.5B (2020-06-30 to 2021-03-29)
    Mar 29, 2021 · RAUM change · derived
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