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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SEC-registered adviser

Q•••••• A••••••• L•••••

Independent wealth managerPittsburgh, PennsylvaniaCRD 146438SEC 801-80531websiteIAPD
Latest filing Mar 25, 2026
First filing on the tape Oct 24, 2014 · 23 filings
SEC status approved since Nov 21, 2014
RAUM
$662M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
53%
$351M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$132M
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$662M as of Mar 25, 2026
Mar 20, 2015$102M then
HNW client RAUM$310M as of Mar 25, 2026
Mar 19, 2018$153M then
State-registered IARs (5.B.3)5 as of Mar 25, 2026
Mar 20, 20153 then
Employees (5.A)6 as of Mar 25, 2026
Mar 20, 20155 then
Private funds5 as of Mar 25, 2026
Mar 31, 20231 then
RAUM +28% over the last fiscal year+18% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
  • Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
RAUM per advisor
$132MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
78derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.6MderivedHNW RAUM over HNW clients
Average account
$318,911derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
1.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+28%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+26%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$81.3M, 110 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)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$310M47%
  • Pooled investment vehicles$203M31%
  • Corporations and businesses$96.0M15%
  • Individuals$40.6M6.1%
  • Pension and profit-sharing plans$11.7M1.8%
  • Charitable organizations$382,8610.1%
Individual clients
196reported
HNW clients
196reported
Pension plan clients
7reported
Charitable clients
n/areported
Accounts
2,075reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$81.3M for 110 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.53 fund_share=0.31 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
L•••• G•••••• D• I••••Pittsburgh, PaMay 30, 200827 y0
W•••••• J••••••• N•••••Pittsburgh, PaFeb 7, 201315 y0
D•••• E•••• M••••••Certified Financial Planner, Chartered Financial ConsultantPittsburgh, PaFeb 7, 201328 y1
J••••• M•••••• P•••Pittsburgh, PaMay 4, 201513 y0
A••••• V••••Certified Financial PlannerPittsburgh, PaNov 29, 201634 y3
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
Private funds
2 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
D••• R••••••• F••• L••Other Private Fund$8.2M15Mar 28, 2024
G•• N••• L••Private Equity Fund$2.6M14Jul 28, 2022
Owners and control persons
Schedule A and B, latest filing
  • D• I••••• L••••• G•••••• · Founder/Advisor/Ccocontrol
    since 12/2007 · owns 50% to 75%
  • M••••••• D••••• E•••• · Membercontrol
    since 03/2011 · owns 50% to 75%
Related persons
Schedule D 7.A
  • D••• R••••••• F••• G• L••
    pooled vehicle sponsorn
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Pittsburgh, Pa · principal500
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • client mix shiftChange between filings · filing Mar 25, 2026
    private-client share of RAUM moved from 70.0% to 53.0% between the annual amendments of 2025-03-31 and 2026-03-25
    peers: independent wealth managers, $500M to $1B (1,482)
  • HNW share shiftChange between filings · filing Mar 25, 2026
    HNW share of RAUM moved from 64.0% to 47.0% between the annual amendments of 2025-03-31 and 2026-03-25
    peers: independent wealth managers, $500M to $1B (1,482)
What changed
consecutive filings, newest first
  • Accounts · 1,403 to 2,075
    Feb 3, 2026 to Mar 25, 2026
  • Corporate clients · 8 to 10
    Feb 3, 2026 to Mar 25, 2026
  • HNW clients · 194 to 196
    Feb 3, 2026 to Mar 25, 2026
  • Individual clients · 116 to 196
    Feb 3, 2026 to Mar 25, 2026
  • Pension plan clients · 8 to 7
    Feb 3, 2026 to Mar 25, 2026
  • Assets in custody · $4.6M to $81.3M
    Feb 3, 2026 to Mar 25, 2026
  • Discretionary RAUM · $503M to $649M
    Feb 3, 2026 to Mar 25, 2026
  • HNW RAUM · $333M to $310M
    Feb 3, 2026 to Mar 25, 2026
  • Individual RAUM · $29.4M to $40.6M
    Feb 3, 2026 to Mar 25, 2026
  • Non-discretionary RAUM · $13.7M to $12.8M
    Feb 3, 2026 to Mar 25, 2026
  • Pension RAUM · $7.9M to $11.7M
    Feb 3, 2026 to Mar 25, 2026
  • Pooled vehicle RAUM · $63.6M to $203M
    Feb 3, 2026 to Mar 25, 2026
  • RAUM · $516M to $662M
    Feb 3, 2026 to Mar 25, 2026
  • Accounts · 1,717 to 1,403
    Mar 28, 2024 to Mar 31, 2025
  • Charity clients · 1.0 to unset
    Mar 28, 2024 to Mar 31, 2025
  • Corporate clients · 10 to 8
    Mar 28, 2024 to Mar 31, 2025
  • HNW clients · 185 to 194
    Mar 28, 2024 to Mar 31, 2025
  • Individual clients · 93 to 116
    Mar 28, 2024 to Mar 31, 2025
  • Pooled vehicle clients · 2 to 5
    Mar 28, 2024 to Mar 31, 2025
  • Assets in custody · $2,683 to $4.6M
    Mar 28, 2024 to Mar 31, 2025
  • Financial planning clients · 251-500 to 251-500
    Mar 28, 2024 to Mar 31, 2025
  • Private funds · 2 to 5
    Mar 28, 2024 to Mar 31, 2025
  • Discretionary RAUM · $456M to $503M
    Mar 28, 2024 to Mar 31, 2025
  • HNW RAUM · $357M to $333M
    Mar 28, 2024 to Mar 31, 2025
  • Individual RAUM · $19.7M to $29.4M
    Mar 28, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $12.7M to $13.7M
    Mar 28, 2024 to Mar 31, 2025
  • Pension RAUM · $7.1M to $7.9M
    Mar 28, 2024 to Mar 31, 2025
  • Pooled vehicle RAUM · $10.7M to $63.6M
    Mar 28, 2024 to Mar 31, 2025
  • RAUM · $468M to $516M
    Mar 28, 2024 to Mar 31, 2025
  • Accounts · 1,158 to 1,717
    Apr 4, 2023 to Mar 28, 2024
  • Charity clients · 0 to 1
    Apr 4, 2023 to Mar 28, 2024
  • Corporate clients · 8 to 10
    Apr 4, 2023 to Mar 28, 2024
  • HNW clients · 174 to 185
    Apr 4, 2023 to Mar 28, 2024
  • Individual clients · 91 to 93
    Apr 4, 2023 to Mar 28, 2024
  • Pooled vehicle clients · 1 to 2
    Apr 4, 2023 to Mar 28, 2024
  • Assets in custody · $2.4M to $2,683
    Apr 4, 2023 to Mar 28, 2024
  • Employees · 5 to 6
    Apr 4, 2023 to Mar 28, 2024
  • Private funds · 1 to 2
    Apr 4, 2023 to Mar 28, 2024
  • Discretionary RAUM · $385M to $456M
    Apr 4, 2023 to Mar 28, 2024
  • HNW RAUM · $305M to $357M
    Apr 4, 2023 to Mar 28, 2024
Signals
2 dated events
  • Q•••••• A••••••• L••••• reported RAUM $661.7M, up 28% from $516.3M (2026-02-03 to 2026-03-25)
    Mar 25, 2026 · RAUM change · derived
  • Q•••••• A••••••• L••••• filed its initial SEC registration (Form ADV)
    Oct 24, 2014 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business phone
412-281-2818reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
412-586-5406reportedpublished by the firm, firm site, Sep 16, 2026
Website
Q••••••-ADVISORS.COMreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
(412) 586-5406reportedpublic record, Form ADV, Mar 25, 2026
Contact form
q•••••••••.comreportedpublished by the firm, firm site, Sep 16, 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
$132Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026