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
Demarche
Legal name Discretionary Management Services, LLC
Latest filing Mar 2, 2026
First filing on the tape Mar 30, 2012 · 27 filings
SEC status approved since Jan 29, 2008
RAUM
$228M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$25.4M
derived; firm RAUM over IAPD count
Employees
22
16 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$228M as of Mar 2, 2026
Mar 30, 2012$1.2B then
HNW client RAUM$2.1M as of Mar 29, 2019
Mar 29, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 2, 2026
Mar 26, 20130 then
Employees (5.A)22 as of Mar 2, 2026
Mar 26, 20130 then
Private funds1 as of Mar 2, 2026
Mar 30, 20121 then
RAUM +23% over the last fiscal year+10% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 2, 2026; every figure names its basis
- RAUM per advisor
- $25.4MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $14.3MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 45%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.4derivedItem 5.A over advisors
- Advisors per office
- 9.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +23%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, portfolio management for pooled vehicles, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $7.2M, 1 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
- has discretionary authority over which securities are bought or sold (8.C.1)
- 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
- Corporations and businesses$119M52%
- Charitable organizations$95.5M42%
- Pooled investment vehicles$7.8M3.4%
- Pension and profit-sharing plans$6.5M2.9%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- 1reported
- Charitable clients
- 4reported
- Accounts
- 16reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $7.2M for 1 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.0 fund_share=0.03 institutional_share=0.45 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
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 headcount1 left over 36 months
Left, latest
- Jansen Eugene Mccabe to Advice And Planning ServicesJan 7, 2025 · Other
- Brooke Michal Garcia to Endex Capital Managment LLCNov 14, 2022 · Other
- Ryan Anthony Chiaverini to DemarcheDec 13, 2016 · Other
Joined, latest
- Martin Joseph Dorow from Amg Distributors, Inc.Apr 12, 2021 · Other
- Adam J Strumpf from Endex Capital Managment LLCDec 21, 2017 · Other
- Margaret Elizabeth Vanwagoner from Endex Capital Managment LLCJul 2, 2015 · Other
- Donald H Lennard from DemarcheNov 19, 2013 · Other
- Ryan Anthony Chiaverini from Endex Capital Managment LLCOct 24, 2013 · Other
Private funds
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Dms Global Tactical Asset Allocation Fund, LLC | Other Private Fund | $7.9M | 7 | Mar 30, 2012 |
Owners and control persons
Schedule A and B, latest filing
- V Fred Cornwell · Chief Administrative Officercontrolsince 05/2015 · owns less than 5%
- John Timothy Marchesi · President, Portfolio Manager & Ciocontrolsince 01/2023 · owns less than 5%
- J Adam Strumpf · Chief Compliance Officercontrolsince 05/2011 · owns less than 5%
- Anne Julie Marchesi · Trusteecontrolsince 02/2015 · owns F of The Robert F. Marchesi Family Trust
- John Timothy Marchesi · Trusteecontrolsince 02/2015 · owns F of The Robert F. Marchesi Family Trust
- Marchesi Christine Rudicile · Trusteecontrolsince 02/2015 · owns F of The Robert F. Marchesi Family Trust
Entity owners
- Demarche Associates Inc · Member/Ownerdirect · owns less than 5%
- The Robert F. Marchesi Family Trust · Member/Ownerdirect · owns 75% or more
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Overland Park, Ks · principal | 9 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Advisory employees · 18 to 16Mar 27, 2025 to Mar 2, 2026
- Employees · 25 to 22Mar 27, 2025 to Mar 2, 2026
- Discretionary RAUM · $185M to $228MMar 27, 2025 to Mar 2, 2026
- Pension RAUM · $7.5M to $6.5MMar 27, 2025 to Mar 2, 2026
- Pooled vehicle RAUM · $8.3M to $7.8MMar 27, 2025 to Mar 2, 2026
- RAUM · $185M to $228MMar 27, 2025 to Mar 2, 2026
- Accounts · 20 to 16Mar 22, 2024 to Mar 27, 2025
- Advisory employees · 19 to 18Mar 22, 2024 to Mar 27, 2025
- Charity clients · 5 to 4Mar 22, 2024 to Mar 27, 2025
- Corporate clients · 11 to 10Mar 22, 2024 to Mar 27, 2025
- Pension plan clients · 3 to 1Mar 22, 2024 to Mar 27, 2025
- Employees · 27 to 25Mar 22, 2024 to Mar 27, 2025
- Financial planning clients · unset to Mar 22, 2024 to Mar 27, 2025
- Discretionary RAUM · $213M to $185MMar 22, 2024 to Mar 27, 2025
- Pension RAUM · $11.0M to $7.5MMar 22, 2024 to Mar 27, 2025
- Pooled vehicle RAUM · $7.9M to $8.3MMar 22, 2024 to Mar 27, 2025
- RAUM · $213M to $185MMar 22, 2024 to Mar 27, 2025
- Accounts · 21 to 20Oct 9, 2023 to Mar 22, 2024
- Advisory employees · 21 to 19Oct 9, 2023 to Mar 22, 2024
- Charity clients · 4 to 5Oct 9, 2023 to Mar 22, 2024
- Corporate clients · 9 to 11Oct 9, 2023 to Mar 22, 2024
- Pension plan clients · 7 to 3Oct 9, 2023 to Mar 22, 2024
- HQ city · MERRIAM to OVERLAND PARKOct 9, 2023 to Mar 22, 2024
- Discretionary RAUM · $170M to $213MOct 9, 2023 to Mar 22, 2024
- Pension RAUM · $9.9M to $11.0MOct 9, 2023 to Mar 22, 2024
- Pooled vehicle RAUM · $7.2M to $7.9MOct 9, 2023 to Mar 22, 2024
- RAUM · $170M to $213MOct 9, 2023 to Mar 22, 2024
- Assets in custody · unset to 7166200.0Mar 7, 2023 to Sep 22, 2023
- Custody of client assets · false to trueMar 7, 2023 to Sep 22, 2023
- Accounts · 26 to 21Mar 8, 2022 to Mar 7, 2023
- Advisory employees · 20 to 21Mar 8, 2022 to Mar 7, 2023
- Corporate clients · 10 to 9Mar 8, 2022 to Mar 7, 2023
- Pension plan clients · 9 to 7Mar 8, 2022 to Mar 7, 2023
- Pooled vehicle clients · 3 to 1Mar 8, 2022 to Mar 7, 2023
- Discretionary RAUM · $1.3B to $170MMar 8, 2022 to Mar 7, 2023
- Pension RAUM · $932M to $9.9MMar 8, 2022 to Mar 7, 2023
- Pooled vehicle RAUM · $7.1M to $7.2MMar 8, 2022 to Mar 7, 2023
- RAUM · $1.3B to $170MMar 8, 2022 to Mar 7, 2023
- Accounts · 25 to 26Mar 8, 2021 to Mar 8, 2022
- Advisory employees · 22 to 20Mar 8, 2021 to Mar 8, 2022
Signals
5 dated events
- Jansen Eugene Mccabe left Demarche for Advice And Planning Services (registered 2025-01-30)Jan 7, 2025 · Advisor changed firm · fact
- Conrad Thomas Woolwine (Member/Owner And President) no longer on Schedule A of Demarche (listed 2023-09-22, absent 2023-10-06)Oct 6, 2023 · Control person left · inference
- Demarche reported RAUM $169.8M, down 87% from $1.3B (2022-03-08 to 2023-03-07)Mar 7, 2023 · RAUM change · derived
- Brooke Michal Garcia left Demarche for Endex Capital Managment Llc (registered 2021-07-28)Nov 14, 2022 · Advisor changed firm · fact
- Demarche reported RAUM $1.5B, up 331% from $336.7M (2020-03-30 to 2021-03-08)Mar 8, 2021 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- Demarche · Independent Sponsorsshared crd · capital_provider
How to reach
public business contact points only, each with its source
- Firm profile
- LINKEDIN.COM/COMPANY/DEMARCHEreportedpublic record, Form ADV, Sep 18, 2026
- Website
- DEMARCHE.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 913-981-1345reportedpublic record, Form ADV, Mar 2, 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
- Other adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $25.4Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026