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
The Marshall Financial Group LLC
Latest filing Apr 8, 2026
First filing on the tape Nov 18, 2019 · 58 filings
SEC status approved since Dec 18, 2019
RAUM
$736M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
91%
$672M individuals and HNW
Advisors
14
registered through the firm on IAPD
RAUM per advisor
$52.5M
derived; firm RAUM over IAPD count
Employees
18
10 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
58 filings and snapshots on the tape
RAUM$736M as of Apr 8, 2026
Mar 31, 2020$150M then
HNW client RAUM$389M as of Apr 8, 2026
Mar 31, 2020$64.7M then
State-registered IARs (5.B.3)10 as of Apr 8, 2026
Mar 31, 20205 then
Employees (5.A)18 as of Apr 8, 2026
Mar 31, 20205 then
Private funds: no history
RAUM +24% over the last fiscal year+25% a year over threeIARs 10 to 10offices 2 to 4
Practice profile
derived from the filing of Apr 8, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- RAUM per advisor
- $52.5MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 71derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.3MderivedHNW RAUM over HNW clients
- Average account
- $275,805derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 7.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 2.8derived5 offices incl. principal (1.F.5)
- RAUM growth, one year
- +24%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +12%derived
- Compensation
- percentage of assets, subscriptionreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Custody
- $440,577, 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
- is an insurance broker or agent (6.A.6)
- 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)
- marketing includes testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$389M53%
- Individuals$283M38%
- Pension and profit-sharing plans$25.1M3.4%
- Insurance companies$20.6M2.8%
- Charitable organizations$11.9M1.6%
- Corporations and businesses$5.8M0.8%
- Individual clients
- 828reported
- HNW clients
- 166reported
- Pension plan clients
- 11reported
- Charitable clients
- 3reported
- Accounts
- 2,667reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $440,577 for 1 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.91 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
14 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Peter Andrew Marshall | Hunt Valley, Md | May 14, 2008 | 21 y | 3 |
| Agostino Anthony Pugliese | Hunt Valley, Md | Oct 2, 2015 | 15 y | 4 |
| Sheryl Diane ParksCertified Financial Planner | Hunt Valley, Md | Nov 20, 2020 | 39 y | 1 |
| Thomas Mcandrew | Hunt Valley, Md | Oct 14, 2021 | 14 y | 0 |
| Andrew John Hasz | Hunt Valley, Md | Dec 17, 2021 | 10 y | 0 |
| John Russell ArmstrongCertified Financial Planner | Hunt Valley, Md | Jul 14, 2022 | 18 y | 1 |
| Cheryl L. Stuart | Hunt Valley, Md | Sep 2, 2024 | 42 y | 1 |
| Tyler Kang | Hunt Valley, Md | Apr 30, 2025 | 10 y | 1 |
| Christopher Nelson Barnes | Hunt Valley, Md | May 7, 2025 | 25 y | 6 |
| Kyle Austin Levickas | Hunt Valley, Md | Aug 14, 2025 | 12 y | 1 |
| Denton Penn Lane | Hunt Valley, Md | Sep 12, 2025 | 13 y | 2 |
| Mary Agnes Barone | Hunt Valley, Md | Dec 16, 2025 | 32 y | 2 |
| Thomas Andrew AraszCertified Financial Planner | Hunt Valley, Md | Dec 26, 2025 | 10 y | 2 |
| Rodney Dale Dir | Hunt Valley, Md | Jun 24, 2026 | 40 y | 6 |
Advisor movement
2 left, 3 joined in 12 months
net +1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 14% of current headcount4 left over 36 months
Left, latest
- Robin Stacey House to Alphastar Capital ManagementNov 18, 2025 · RIA to RIA
- David Austin Gasper to Hb WealthOct 28, 2025 · RIA to RIA
- James Henry Franklin Williamson to T. Rowe Price Advisory Services, Inc.Sep 8, 2025 · RIA to affiliated broker-dealer or bank
- Kyle Thomas Venditti to Spire Wealth Management, LLCFeb 7, 2025 · RIA to affiliated broker-dealer or bank
- Bradley Taliaferro Clough to American Financial Management, Ltd.Apr 6, 2023 · RIA to RIA
- Amy Elizabeth Sommers to Raymond James Financial Services Advisors, IncMar 6, 2023 · RIA to affiliated broker-dealer or bank
- Thomas Haywood Sarkes to Wells Fargo AdvisorsJun 16, 2022 · RIA to wirehouse
- Richard Hansford Dix to Securities America Advisors, Inc.May 31, 2019 · RIA to affiliated broker-dealer or bank
- Drew Gress to Securities America Advisors, Inc.May 31, 2019 · RIA to affiliated broker-dealer or bank
Joined, latest
- Rodney Dale Dir from Tlg Advisors, Inc.Jun 24, 2026 · Affiliated broker-dealer or bank to independent RIA
- Thomas Andrew Arasz from Bmore Financially FitDec 26, 2025 · Other
- Mary Agnes Barone from Mutual Advisors, LLCDec 16, 2025 · Affiliated broker-dealer or bank to independent RIA
- Denton Penn Lane from FartherSep 12, 2025 · RIA to RIA
- Kyle Austin Levickas from Merrill Lynch, Pierce, Fenner & Smith IncorporatedAug 14, 2025 · Wirehouse to independent RIA
- Christopher Nelson Barnes from Strategic Advisers LLCMay 7, 2025 · Affiliated broker-dealer or bank to independent RIA
- Tyler Kang from Merrill Lynch, Pierce, Fenner & Smith IncorporatedApr 30, 2025 · Wirehouse to independent RIA
- Cheryl L. Stuart from Commonwealth Financial NetworkSep 2, 2024 · Affiliated broker-dealer or bank to independent RIA
- Robin Stacey House from Our House Wealth AdvisorsJul 12, 2024 · Other
- David Austin Gasper from Merrill Lynch, Pierce, Fenner & Smith IncorporatedJul 12, 2024 · Wirehouse to independent RIA
- James Henry Franklin Williamson from T. Rowe Price Associates, Inc.Jul 2, 2024 · Other
- John Russell Armstrong from Pruco Securities, LLCJul 14, 2022 · Other
- Amy Elizabeth Sommers from Merrill Lynch, Pierce, Fenner & Smith IncorporatedAug 9, 2021 · Wirehouse to independent RIA
- Sheryl Diane Parks from Ssn Advisory, Inc.Nov 20, 2020 · Affiliated broker-dealer or bank to independent RIA
- Bradley Taliaferro Clough from Janney Montgomery Scott LLCJun 1, 2019 · Affiliated broker-dealer or bank to independent RIA
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Securities America Advisors, Inc.May 31, 2019 · Towson, Md
- 2 joined from Ssn Advisory, Inc.Sep 18, 2020 · Towson, Md
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Andrew Peter Marshall · President, Chief Compliance Officercontrolsince 10/2005 · owns 75% or more
- Diane Sheryl Parks · Partnercontrolsince 04/2021 · owns 10% to 25%
- Anthony Agostino Pugliese · Partnercontrolsince 10/2021 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Hunt Valley, Md · principal | 14 | 3 | 1 | ||
| Chicago, Il | 0 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
- Chicago, IL1 employees
What changed
consecutive filings, newest first
- Other offices · 3 to 4Feb 25, 2026 to Mar 18, 2026
- Accounts · 2,449 to 2,667Nov 18, 2025 to Feb 25, 2026
- BD registered reps · 3 to 2Nov 18, 2025 to Feb 25, 2026
- Charity clients · 2 to 3Nov 18, 2025 to Feb 25, 2026
- HNW clients · 137 to 166Nov 18, 2025 to Feb 25, 2026
- Individual clients · 752 to 828Nov 18, 2025 to Feb 25, 2026
- Assets in custody · $1.5M to $440,577Nov 18, 2025 to Feb 25, 2026
- Other offices · 2 to 3Nov 18, 2025 to Feb 25, 2026
- Discretionary RAUM · $583M to $713MNov 18, 2025 to Feb 25, 2026
- HNW RAUM · $306M to $389MNov 18, 2025 to Feb 25, 2026
- Individual RAUM · $227M to $283MNov 18, 2025 to Feb 25, 2026
- Non-discretionary RAUM · $10.4M to $22.9MNov 18, 2025 to Feb 25, 2026
- Pension RAUM · $21.8M to $25.1MNov 18, 2025 to Feb 25, 2026
- RAUM · $593M to $736MNov 18, 2025 to Feb 25, 2026
- Advisory employees · 12 to 10Aug 21, 2025 to Nov 18, 2025
- Employees · 20 to 18Aug 21, 2025 to Nov 18, 2025
- Insurance-licensed employees · 2 to 1Aug 21, 2025 to Nov 18, 2025
- State-registered IARs · 12 to 10Aug 21, 2025 to Nov 18, 2025
- Other offices · 3 to 2Aug 21, 2025 to Nov 18, 2025
- Advisory employees · 11 to 12May 9, 2025 to Aug 21, 2025
- Employees · 19 to 20May 9, 2025 to Aug 21, 2025
- State-registered IARs · 11 to 12May 9, 2025 to Aug 21, 2025
- Advisory employees · 10 to 11Mar 26, 2025 to May 9, 2025
- BD registered reps · 4 to 3Mar 26, 2025 to May 9, 2025
- Employees · 18 to 19Mar 26, 2025 to May 9, 2025
- Insurance-licensed employees · 3 to 2Mar 26, 2025 to May 9, 2025
- Financial planning clients · unset to Mar 26, 2025 to May 9, 2025
- State-registered IARs · 10 to 11Mar 26, 2025 to May 9, 2025
- Other offices · 2 to 3Mar 26, 2025 to May 9, 2025
- Advisory employees · 9 to 10Feb 7, 2025 to Mar 26, 2025
- Employees · 17 to 18Feb 7, 2025 to Mar 26, 2025
- State-registered IARs · 9 to 10Feb 7, 2025 to Mar 26, 2025
- Other offices · 1 to 2Feb 7, 2025 to Mar 26, 2025
- Advisory employees · 10 to 9Jan 31, 2025 to Feb 7, 2025
- Employees · 18 to 17Jan 31, 2025 to Feb 7, 2025
- State-registered IARs · 10 to 9Jan 31, 2025 to Feb 7, 2025
- Accounts · 1,878 to 2,449Dec 20, 2024 to Jan 31, 2025
- Corporate clients · 5 to 6Dec 20, 2024 to Jan 31, 2025
- HNW clients · 108 to 137Dec 20, 2024 to Jan 31, 2025
- Individual clients · 557 to 752Dec 20, 2024 to Jan 31, 2025
Signals
12 dated events
- Robin Stacey House left The Marshall Financial Group Llc for Alphastar Capital Management (registered 2025-12-04)Nov 18, 2025 · Advisor changed firm · fact
- David Austin Gasper left The Marshall Financial Group Llc for Hb Wealth (registered 2026-01-13)Oct 28, 2025 · Advisor changed firm · fact
- James Henry Franklin Williamson left The Marshall Financial Group Llc for T. Rowe Price Advisory Services, Inc. (registered 2026-08-25)Sep 8, 2025 · Advisor changed firm · fact
- Kyle Thomas Venditti left The Marshall Financial Group Llc for Spire Wealth Management, Llc (registered 2025-01-30)Feb 7, 2025 · Advisor changed firm · fact
- The Marshall Financial Group Llc reported RAUM $593.0M, up 27% from $468.7M (2024-12-20 to 2025-01-31)Jan 31, 2025 · RAUM change · derived
- Bradley Taliaferro Clough left The Marshall Financial Group Llc for American Financial Management, Ltd. (registered 2025-12-17)Apr 6, 2023 · Advisor changed firm · fact
- Amy Elizabeth Sommers left The Marshall Financial Group Llc for Raymond James Financial Services Advisors, Inc (registered 2023-04-06)Mar 6, 2023 · Advisor changed firm · fact
- Thomas Haywood Sarkes left The Marshall Financial Group Llc for Wells Fargo Advisors (registered 2023-02-15)Jun 16, 2022 · Advisor changed firm · fact
- The Marshall Financial Group Llc reported RAUM $411.8M, up 98% from $208.3M (2022-02-25 to 2022-02-28)Feb 28, 2022 · RAUM change · derived
- Anthony Agostino Pugliese (Partner) appeared on Schedule A of The Marshall Financial Group LlcFeb 25, 2022 · Control person joined · fact
- Diane Sheryl Parks (Partner) appeared on Schedule A of The Marshall Financial Group LlcFeb 25, 2022 · Control person joined · fact
- The Marshall Financial Group Llc filed its initial SEC registration (Form ADV)Nov 18, 2019 · 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
- Business email
- heather@marshallfinancialgroup.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 410-563-1077reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 410-563-1190reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/5204222reportedpublic record, Form ADV, Sep 17, 2026
- Website
- marshallfinancialgroup.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (410) 563-1190reportedpublic record, Form ADV, Apr 8, 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
- $52.5Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026