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

Stakeholders Capital

Former SEC-registered adviserAmherst, MassachusettsCRD 148469SEC 801-118671IAPD
Legal name Stakeholders Capital, Inc.
Latest filing Mar 23, 2023
First filing on the tape Apr 7, 2020 · 8 filings
RAUM
$146M
reported, Item 5.F
Discretionary
89%
of RAUM
Private clients
87%
$127M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
8
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$146M as of Mar 23, 2023
Mar 23, 2021$134M then
HNW client RAUM$96.4M as of Mar 23, 2023
Mar 23, 2021$94.3M then
State-registered IARs (5.B.3)3 as of Mar 23, 2023
Mar 23, 20213 then
Employees (5.A)8 as of Mar 23, 2023
Mar 23, 20218 then
Private funds: no history
RAUM -3.6% over the last fiscal yearIARs 3 to 3
Practice profile
derived from the filing of Mar 23, 2023; every figure names its basis
RAUM per advisor
$48.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
43derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.9MderivedHNW RAUM over HNW clients
Average account
$234,983derivedRAUM over accounts (5.F.2.f)
Discretionary
89%derivedof RAUM
Institutional
0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.7derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-3.6%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-0.8%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Custody
$19.5M, 13 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$96.4M66%
  • Individuals$30.4M21%
  • Corporations and businesses$18.1M12%
  • Charitable organizations$694,0850.5%
Individual clients
79reported
HNW clients
50reported
Pension plan clients
n/areported
Charitable clients
3reported
Accounts
620reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$19.5M for 13 clientsreported
Compensation
% of AUM, fixed, hourlyreported
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
Left, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Mark/Nicholas Andrew Bellak · President, Ceo, Chief Compliance Officercontrol
    since 12/2008 · owns 50% to 75%
  • Jerome Terrance Mollner · Chairmancontrol
    since 12/2008 · owns 10% to 25%
  • Matthew Bradley Stonberg · Vp, Cfocontrol
    since 12/2008 · owns 10% to 25%
  • M Eileen Spira · Director
    since 01/2017 · owns less than 5%
Related persons
Schedule D 7.A
Offices
Schedule D 1.F, the 25 largest
  • Santa Monica, CA2 employees
What changed
consecutive filings, newest first
  • Accounts · 528 to 620
    Nov 16, 2022 to Mar 23, 2023
  • HNW clients · 51 to 50
    Nov 16, 2022 to Mar 23, 2023
  • Assets in custody · $29.5M to $19.5M
    Nov 16, 2022 to Mar 23, 2023
  • Insurance-licensed employees · 0 to 1
    Nov 16, 2022 to Mar 23, 2023
  • Discretionary RAUM · $135M to $130M
    Nov 16, 2022 to Mar 23, 2023
  • HNW RAUM · $100M to $96.4M
    Nov 16, 2022 to Mar 23, 2023
  • Individual RAUM · $31.0M to $30.4M
    Nov 16, 2022 to Mar 23, 2023
  • Non-discretionary RAUM · $16.2M to $15.4M
    Nov 16, 2022 to Mar 23, 2023
  • RAUM · $151M to $146M
    Nov 16, 2022 to Mar 23, 2023
  • Related adviser · false to true
    Nov 16, 2022 to Mar 23, 2023
  • Accounts · 566 to 528
    Mar 23, 2021 to Mar 29, 2022
  • Advisory activities · 3 to 4
    Mar 23, 2021 to Mar 29, 2022
  • Charity clients · unset to 3.0
    Mar 23, 2021 to Mar 29, 2022
  • Corporate clients · unset to 7.0
    Mar 23, 2021 to Mar 29, 2022
  • HNW clients · 45 to 51
    Mar 23, 2021 to Mar 29, 2022
  • Individual clients · 90 to 79
    Mar 23, 2021 to Mar 29, 2022
  • Assets in custody · $24.7M to $29.5M
    Mar 23, 2021 to Mar 29, 2022
  • Discretionary RAUM · $117M to $135M
    Mar 23, 2021 to Mar 29, 2022
  • HNW RAUM · $94.3M to $100M
    Mar 23, 2021 to Mar 29, 2022
  • Individual RAUM · $30.1M to $31.0M
    Mar 23, 2021 to Mar 29, 2022
  • Non-discretionary RAUM · $17.0M to $16.2M
    Mar 23, 2021 to Mar 29, 2022
  • RAUM · $134M to $151M
    Mar 23, 2021 to Mar 29, 2022
  • Accounts · 135 to 566
    Nov 9, 2020 to Mar 23, 2021
  • Advisory employees · 3 to 4
    Nov 9, 2020 to Mar 23, 2021
  • Advisory activities · 4 to 3
    Nov 9, 2020 to Mar 23, 2021
  • Charity clients · 11.0 to unset
    Nov 9, 2020 to Mar 23, 2021
  • HNW clients · 36 to 45
    Nov 9, 2020 to Mar 23, 2021
  • Individual clients · 99 to 90
    Nov 9, 2020 to Mar 23, 2021
  • Assets in custody · $55.6M to $24.7M
    Nov 9, 2020 to Mar 23, 2021
  • Employees · 7 to 8
    Nov 9, 2020 to Mar 23, 2021
  • Discretionary RAUM · $118M to $117M
    Nov 9, 2020 to Mar 23, 2021
  • HNW RAUM · $81.8M to $94.3M
    Nov 9, 2020 to Mar 23, 2021
  • Individual RAUM · $33.6M to $30.1M
    Nov 9, 2020 to Mar 23, 2021
  • Non-discretionary RAUM · $0 to $17.0M
    Nov 9, 2020 to Mar 23, 2021
  • RAUM · $118M to $134M
    Nov 9, 2020 to Mar 23, 2021
Signals
3 dated events
  • Gregory Fred Wendt left Stakeholders Capital for Perigon Wealth Management, Llc (registered 2023-03-14)
    Jun 30, 2023 · Advisor changed firm · fact
  • Andrew Mark/Nicholas Bellak left Stakeholders Capital for Perigon Wealth Management, Llc (registered 2023-03-27)
    Jun 30, 2023 · Advisor changed firm · fact
  • Stakeholders Capital filed its initial SEC registration (Form ADV)
    Apr 7, 2020 · 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.
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