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

Payne Capital Management, LLC

Independent wealth managerNew York, New YorkCRD 147119SEC 801-69261websiteIAPD
Latest filing Mar 26, 2026
First filing on the tape Dec 12, 2011 · 36 filings
SEC status approved since Jun 19, 2008
RAUM
$1.3B
reported, Item 5.F
Discretionary
60%
of RAUM
Private clients
97%
$1.3B individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$192M
derived; firm RAUM over IAPD count
Employees
17
7 advisory (5.B.1)
Offices
11
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$1.3B as of Mar 26, 2026
Mar 30, 2012$255M then
HNW client RAUM$1.1B as of Mar 26, 2026
Mar 27, 2018$457M then
State-registered IARs (5.B.3)9 as of Mar 26, 2026
Mar 28, 20133 then
Employees (5.A)17 as of Mar 26, 2026
Mar 28, 20135 then
Private funds: no history
RAUM +11% over the last fiscal year+14% a year over threeIARs 8 to 9
Practice profile
derived from the filing of Mar 26, 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
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
RAUM per advisor
$192MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
138derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$312,984derivedRAUM over accounts (5.F.2.f)
Discretionary
60%derivedof RAUM
Institutional
2.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.4derivedItem 5.A over advisors
Advisors per office
0.6derived12 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+13%derivedItem 5.B.3 between annual amendments
Client growth, one year
-2.4%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, educational seminarsreportedItem 5.G
Financial planning clients
1,000reportedItem 5.H
Custody
$240M, 317 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.1B80%
  • Individuals$224M17%
  • Pension and profit-sharing plans$29.6M2.2%
  • Corporations and businesses$10.6M0.8%
  • Charitable organizations$4,8570.0%
Individual clients
615reported
HNW clients
349reported
Pension plan clients
31reported
Charitable clients
1reported
Accounts
4,283reported
Financial planning clients
1,000reported
Wrap fee programs
noreported
Custody of client assets
$240M for 317 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Ryan M PayneNew York, Ny Feb 14, 201125 y2
Christopher Robert PaynePhiladelphia, Pa Jul 27, 201115 y1
Francesca LagrotteriaJersey City, Nj Nov 29, 201711 y0
Aaron DessenCertified Financial PlannerPenn Valley, Pa Feb 2, 201814 y0
Courtney Lorraine GarciaCertified Financial PlannerNew York, Ny Mar 23, 202112 y0
Miranda Nicole PietrangeloNew York, NyJul 7, 202510 y0
Robert Joseph PayneOcean City, Nj Jan 26, 202642 y2
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 14% of current headcount1 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Joseph Robert Payne · Managing Directorcontrol
    since 07/2008 · owns 50% to 75%
  • M Ryan Payne · Managing Member/Chief Compliance Officercontrol
    since 07/2008 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Advisers that list Payne Capital Management, LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
New York, Ny · principal710
Blue Bell, Pa310
Miami, Fl001
Offices
Schedule D 1.F, the 25 largest
  • Blue Bell, PA2 employees
  • Jacksonville, FL1 employees
  • , 1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • high office count relative to headcountStatic outlier · filing Mar 26, 2026
    offices per registered advisor of 1.7 against a peer median of 0.3 (529 comparable advisers, 99.0th percentile, 6.0 robust deviations)
    peers: independent wealth managers, $1B to $5B (529) · 99% percentile
  • discretionary share shiftChange between filings · filing Mar 26, 2026
    discretionary share of RAUM moved from 28.0% to 60.0% between the annual amendments of 2025-03-25 and 2026-03-26
    peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
  • Accounts · 4,048 to 4,283
    Dec 1, 2025 to Mar 26, 2026
  • Charity clients · unset to 1.0
    Dec 1, 2025 to Mar 26, 2026
  • Corporate clients · 16 to 11
    Dec 1, 2025 to Mar 26, 2026
  • HNW clients · 307 to 349
    Dec 1, 2025 to Mar 26, 2026
  • Individual clients · 681 to 615
    Dec 1, 2025 to Mar 26, 2026
  • Pension plan clients · 26 to 31
    Dec 1, 2025 to Mar 26, 2026
  • Assets in custody · $345M to $240M
    Dec 1, 2025 to Mar 26, 2026
  • Employees · 16 to 17
    Dec 1, 2025 to Mar 26, 2026
  • State-registered IARs · 8 to 9
    Dec 1, 2025 to Mar 26, 2026
  • Discretionary RAUM · $339M to $804M
    Dec 1, 2025 to Mar 26, 2026
  • HNW RAUM · $893M to $1.1B
    Dec 1, 2025 to Mar 26, 2026
  • Individual RAUM · $266M to $224M
    Dec 1, 2025 to Mar 26, 2026
  • Non-discretionary RAUM · $868M to $537M
    Dec 1, 2025 to Mar 26, 2026
  • Pension RAUM · $29.6M to $29.6M
    Dec 1, 2025 to Mar 26, 2026
  • RAUM · $1.2B to $1.3B
    Dec 1, 2025 to Mar 26, 2026
  • Accounts · 3,989 to 4,048
    Mar 29, 2024 to Mar 25, 2025
  • Advisory employees · 8 to 7
    Mar 29, 2024 to Mar 25, 2025
  • Corporate clients · 9 to 16
    Mar 29, 2024 to Mar 25, 2025
  • HNW clients · 258 to 307
    Mar 29, 2024 to Mar 25, 2025
  • Individual clients · 729 to 681
    Mar 29, 2024 to Mar 25, 2025
  • Assets in custody · $324M to $345M
    Mar 29, 2024 to Mar 25, 2025
  • Employees · 15 to 16
    Mar 29, 2024 to Mar 25, 2025
  • Financial planning clients · More than 500 to More than 500
    Mar 29, 2024 to Mar 25, 2025
  • State-registered IARs · 7 to 8
    Mar 29, 2024 to Mar 25, 2025
  • Discretionary RAUM · $387M to $339M
    Mar 29, 2024 to Mar 25, 2025
  • HNW RAUM · $749M to $893M
    Mar 29, 2024 to Mar 25, 2025
  • Individual RAUM · $274M to $266M
    Mar 29, 2024 to Mar 25, 2025
  • Non-discretionary RAUM · $675M to $868M
    Mar 29, 2024 to Mar 25, 2025
  • Pension RAUM · $25.5M to $29.6M
    Mar 29, 2024 to Mar 25, 2025
  • RAUM · $1.1B to $1.2B
    Mar 29, 2024 to Mar 25, 2025
  • Accounts · 3,741 to 3,989
    Oct 13, 2023 to Mar 28, 2024
  • Corporate clients · 8 to 9
    Oct 13, 2023 to Mar 28, 2024
  • HNW clients · 262 to 258
    Oct 13, 2023 to Mar 28, 2024
  • Individual clients · 725 to 729
    Oct 13, 2023 to Mar 28, 2024
  • Pension plan clients · 23 to 26
    Oct 13, 2023 to Mar 28, 2024
  • Assets in custody · $384M to $324M
    Oct 13, 2023 to Mar 28, 2024
  • State-registered IARs · 9 to 7
    Oct 13, 2023 to Mar 28, 2024
  • Other offices · 13 to 11
    Oct 13, 2023 to Mar 28, 2024
  • Discretionary RAUM · $268M to $387M
    Oct 13, 2023 to Mar 28, 2024
  • HNW RAUM · $654M to $749M
    Oct 13, 2023 to Mar 28, 2024
Signals
4 dated events
  • Jennifer Angell left Payne Capital Management, Llc for Rfg Advisory, Llc (registered 2026-08-27)
    Aug 28, 2026 · Advisor changed firm · fact
  • Payne Capital Management, Llc reported 12 offices beyond its principal office, up from 3 (2021-12-02 to 2022-03-29)
    Mar 29, 2022 · Office count change · derived
  • Aimee Adler left Payne Capital Management, Llc for Round Table Wealth Management (registered 2022-02-25)
    Feb 12, 2022 · Advisor changed firm · fact
  • Payne Capital Management, Llc reported RAUM $824.1M, up 29% from $638.5M (2019-03-29 to 2020-03-22)
    Mar 22, 2020 · RAUM change · derived
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
Firm profile
LINKEDIN.COM/COMPANY/PAYNE-CAPITAL-MANAGEMENTreportedpublic record, Form ADV, Sep 17, 2026
Website
PAYNECM.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
646-461-7670reportedpublic record, Form ADV, Mar 26, 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
$192Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026