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

Nuance Investments, LLC

Other adviserKansas City, MissouriCRD 148534SEC 801-69682websiteIAPD
Latest filing Jul 1, 2026
First filing on the tape Dec 20, 2011 · 42 filings
SEC status approved since Oct 22, 2008
RAUM
$984M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
14%
$141M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$328M
derived; firm RAUM over IAPD count
Employees
11
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$984M as of Jul 1, 2026
Mar 30, 2012$151M then
HNW client RAUM$49.4M as of Jul 1, 2026
Mar 28, 2018$24.8M then
State-registered IARs (5.B.3)4 as of Jul 1, 2026
Mar 22, 20131 then
Employees (5.A)11 as of Jul 1, 2026
Mar 22, 20136 then
Private funds: no history
RAUM -65% over the last fiscal year-44% a year over threeIARs 8 to 4offices 1 to 0
Practice profile
derived from the filing of Jul 1, 2026; every figure names its basis
RAUM per advisor
$328MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
79derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.8MderivedHNW RAUM over HNW clients
Average account
$3.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
34%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.7derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-65%derivedbetween the last two annual amendments
Advisor growth, one year
-50%derivedItem 5.B.3 between annual amendments
Client growth, one year
-37%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companiesreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$444M45%
  • Pension and profit-sharing plans$192M19%
  • Individuals$91.4M9.3%
  • Charitable organizations$90.8M9.2%
  • Corporations and businesses$66.8M6.8%
  • State and municipal entities$49.9M5.1%
  • High-net-worth individuals$49.4M5.0%
Individual clients
208reported
HNW clients
28reported
Pension plan clients
5reported
Charitable clients
5reported
Accounts
257reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $6.1M managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.14 fund_share=0.45 institutional_share=0.34 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Scott Anthony MooreChartered Financial AnalystKansas City, MoDec 20, 201127 y1
Jack Anthony MeurerChartered Financial AnalystWest Bend, Wi Jul 27, 202214 y0
David Adam WestChartered Financial AnalystKansas City, MoJul 23, 202415 y0
Advisor movement
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 67% of current headcount3 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Suzanne Kathryn Carver · Vice President, Chief Operating Officercontrol
    since 10/2021 · owns less than 5%
  • Angelova Rositsa Esenberg · Vice President, Chief Compliance Officercontrol
    since 03/2014 · owns less than 5%
  • Trowbridge Paul Gillespie · Senior Vice President, Senior Client Portfolio Managercontrol
    since 01/2019 · owns 5% to 10%
  • Anthony Jack Meurer · Vice President, Portfolio Managercontrol
    since 07/2024 · owns less than 5%
  • Anthony Scott Moore · President, Chief Investment Officercontrol
    since 11/2008 · owns less than 5%
  • Robert Darren Schryer · Vice President, Portfolio Managercontrol
    since 07/2024 · owns less than 5%
  • Kay Laurie Schwartz · Secretary To The Boardcontrol
    since 07/2024 · owns less than 5%
  • Anthony Scott Moore · Trusteecontrol
    since 12/2002 · owns 75% or more of Scott A. Moore Revocable Trust
  • Clark Benjamin Becker · Vice President, Director Of Data And Quantitative Research
    since 07/2024 · owns less than 5%
  • Clayton Geoffrie Greene · Vice President, Director Of Trading And Portfolio Operations
    since 07/2024 · owns less than 5%
  • Louise Andrea Lewis · Vice President, Director Of Human Resources And Administration
    since 07/2024 · owns less than 5%
Entity owners
  • S. A. Moore Family Corporation · Member
    direct · owns 75% or more
  • Scott A. Moore Revocable Trust · Owner
    indirect · owns 75% or more of S. A. Moore Family Corporation
Related persons
Schedule D 7.A
No related person reported.
Advisers that list Nuance Investments, LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Kansas City, Mo · principal302
Offices
Schedule D 1.F, the 25 largest
  • Memphis, TN1 employees
ADV anomalies
4 against comparable advisers; where to look, not conclusions
  • advisor count dropChange between filings · filing Jan 26, 2026
    advisory representatives (Item 5.B.3) moved from 8.0 to 4.0 (-50.0%) between the annual amendments of 2025-03-21 and 2026-01-26; the peer median change was 0.0% (9 comparable advisers, 0.0th percentile of changes)
    peers: other advisers, $500M to $1B (9) · 0.0% percentile
  • client count collapseChange between filings · filing Jan 26, 2026
    individual and HNW clients (Item 5.D) moved from 375.0 to 236.0 (-37.0%) between the annual amendments of 2025-03-21 and 2026-01-26; the peer median change was +2.0% (13 comparable advisers, 8.0th percentile of changes)
    peers: other advisers, $500M to $1B (13) · 8.3% percentile
  • employee count dropChange between filings · filing Jan 26, 2026
    employees (Item 5.A) moved from 17.0 to 11.0 (-35.0%) between the annual amendments of 2025-03-21 and 2026-01-26; the peer median change was -6.0% (27 comparable advisers, 4.0th percentile of changes)
    peers: other advisers, $500M to $1B (27) · 3.8% percentile
  • RAUM down 50 %Change between filings · filing Jan 26, 2026
    RAUM (Item 5.F) moved from $2,845,896,775 to $984,290,871 (-65.0%) between the annual amendments of 2025-03-21 and 2026-01-26; the peer median change was +12.0% (87 comparable advisers, 1.0th percentile of changes)
    peers: other advisers, $500M to $1B (87) · 1.2% percentile
What changed
consecutive filings, newest first
  • Accounts · 419 to 257
    Jul 23, 2025 to Jan 26, 2026
  • Advisory employees · 8 to 3
    Jul 23, 2025 to Jan 26, 2026
  • Advisory activities · 4 to 3
    Jul 23, 2025 to Jan 26, 2026
  • Charity clients · 11 to 5
    Jul 23, 2025 to Jan 26, 2026
  • Corporate clients · 16 to 8
    Jul 23, 2025 to Jan 26, 2026
  • HNW clients · 41 to 28
    Jul 23, 2025 to Jan 26, 2026
  • Individual clients · 334 to 208
    Jul 23, 2025 to Jan 26, 2026
  • Pension plan clients · 10 to 5
    Jul 23, 2025 to Jan 26, 2026
  • Pooled vehicle clients · 1 to 0
    Jul 23, 2025 to Jan 26, 2026
  • Employees · 17 to 11
    Jul 23, 2025 to Jan 26, 2026
  • State-registered IARs · 8 to 4
    Jul 23, 2025 to Jan 26, 2026
  • Discretionary RAUM · $2.8B to $984M
    Jul 23, 2025 to Jan 26, 2026
  • HNW RAUM · $69.4M to $49.4M
    Jul 23, 2025 to Jan 26, 2026
  • Individual RAUM · $137M to $91.4M
    Jul 23, 2025 to Jan 26, 2026
  • Pension RAUM · $404M to $192M
    Jul 23, 2025 to Jan 26, 2026
  • Pooled vehicle RAUM · $76.0M to $0
    Jul 23, 2025 to Jan 26, 2026
  • RAUM · $2.8B to $984M
    Jul 23, 2025 to Jan 26, 2026
  • Wrap assets (manager) · $17.4M to $6.1M
    Jul 23, 2025 to Jan 26, 2026
  • Financial planning clients · unset to
    Mar 21, 2025 to Jul 23, 2025
  • Other offices · 1 to 0
    Mar 21, 2025 to Jul 23, 2025
  • Accounts · 659 to 419
    Jul 31, 2024 to Mar 21, 2025
  • Advisory employees · 9 to 8
    Jul 31, 2024 to Mar 21, 2025
  • Charity clients · 17 to 11
    Jul 31, 2024 to Mar 21, 2025
  • Corporate clients · 27 to 16
    Jul 31, 2024 to Mar 21, 2025
  • HNW clients · 55 to 41
    Jul 31, 2024 to Mar 21, 2025
  • Individual clients · 533 to 334
    Jul 31, 2024 to Mar 21, 2025
  • Pension plan clients · 15 to 10
    Jul 31, 2024 to Mar 21, 2025
  • Employees · 22 to 17
    Jul 31, 2024 to Mar 21, 2025
  • State-registered IARs · 10 to 8
    Jul 31, 2024 to Mar 21, 2025
  • Discretionary RAUM · $5.0B to $2.8B
    Jul 31, 2024 to Mar 21, 2025
  • HNW RAUM · $98.5M to $69.4M
    Jul 31, 2024 to Mar 21, 2025
  • Individual RAUM · $209M to $137M
    Jul 31, 2024 to Mar 21, 2025
  • Pension RAUM · $593M to $404M
    Jul 31, 2024 to Mar 21, 2025
  • Pooled vehicle RAUM · $71.4M to $76.0M
    Jul 31, 2024 to Mar 21, 2025
  • RAUM · $5.0B to $2.8B
    Jul 31, 2024 to Mar 21, 2025
  • Wrap assets (manager) · $27.0M to $17.4M
    Jul 31, 2024 to Mar 21, 2025
  • Accounts · 781 to 659
    Mar 29, 2023 to Mar 28, 2024
  • Charity clients · 20 to 17
    Mar 29, 2023 to Mar 28, 2024
  • Corporate clients · 36 to 27
    Mar 29, 2023 to Mar 28, 2024
  • HNW clients · 60 to 55
    Mar 29, 2023 to Mar 28, 2024
Signals
16 dated events
  • Nuance Investments, Llc reported RAUM $984.3M, down 65% from $2.8B (2025-07-23 to 2026-01-26)
    Jan 26, 2026 · RAUM change · derived
  • Rositsa Angelova Esenberg left Nuance Investments, Llc for Veta Investment Partners, Llc (registered 2026-01-26)
    Dec 31, 2025 · Advisor changed firm · fact
  • Jennifer Lynn Mcbee left Nuance Investments, Llc for Ae Wealth Management, Llc (registered 2025-10-22)
    Oct 1, 2025 · Advisor changed firm · fact
  • Nuance Investments, Llc reported RAUM $2.8B, down 43% from $5.0B (2024-07-31 to 2025-03-21)
    Mar 21, 2025 · RAUM change · derived
  • Dustin Meza left Nuance Investments, Llc for Ae Wealth Management, Llc (registered 2025-01-08)
    Oct 30, 2024 · Advisor changed firm · fact
  • Michael Chad Baumler (Vice President, Co-Chief Investment Officer) no longer on Schedule A of Nuance Investments, Llc (listed 2024-03-28, absent 2024-07-29)
    Jul 29, 2024 · Control person left · inference
  • Robert Darren Schryer (Vice President, Portfolio Manager) appeared on Schedule A of Nuance Investments, Llc
    Jul 29, 2024 · Control person joined · fact
  • Anthony Jack Meurer (Vice President, Portfolio Manager) appeared on Schedule A of Nuance Investments, Llc
    Jul 29, 2024 · Control person joined · fact
  • Kay Laurie Schwartz (Secretary To The Board) appeared on Schedule A of Nuance Investments, Llc
    Jul 29, 2024 · Control person joined · fact
  • Jordan Lee Roundtree left Nuance Investments, Llc for State Farm Investment Management Corp. (registered 2024-09-03)
    Sep 12, 2022 · Advisor changed firm · fact
  • Suzanne Kathryn Carver (Chief Operating Officer) appeared on Schedule A of Nuance Investments, Llc
    Mar 30, 2022 · Control person joined · fact
  • Geoffrie Greene (Director Of Trading & Analytics) no longer on Schedule A of Nuance Investments, Llc (listed 2021-03-29, absent 2022-03-30)
    Mar 30, 2022 · Control person left · inference
  • Nuance Investments, Llc reported RAUM $5.9B, up 71% from $3.5B (2020-06-25 to 2021-03-29)
    Mar 29, 2021 · RAUM change · derived
  • Nuance Investments, Llc reported RAUM $3.5B, up 102% from $1.7B (2019-01-31 to 2020-03-30)
    Mar 30, 2020 · RAUM change · derived
  • Geoffrie Greene (Director Of Trading & Analytics) appeared on Schedule A of Nuance Investments, Llc
    Mar 30, 2020 · Control person joined · fact
  • Trowbridge Paul Gillespie (Vice President, Senior Client Portfolio Manager) appeared on Schedule A of Nuance Investments, Llc
    Jan 31, 2019 · Control person joined · 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
Firm profile
linkedin.com/company/nuance-investments-llc/mycompanyreportedpublic record, Form ADV, Sep 17, 2026
Website
NUANCEINVESTMENTS.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
816-743-7080reportedpublic record, Form ADV, Jul 1, 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
$328Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026