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
Fiduciary Consulting Group
Legal name Morgan Stanley Institutional Investment Advisors LLC
Latest filing Aug 20, 2026
First filing on the tape Mar 30, 2012 · 41 filings
SEC status approved since Feb 24, 2009
RAUM
$15B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
26
registered through the firm on IAPD
RAUM per advisor
$567M
derived; firm RAUM over IAPD count
Employees
52
33 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$15B as of Aug 20, 2026
Mar 30, 2012$8.0M then
HNW client RAUM$4.2M as of Mar 30, 2022
Mar 28, 2018$3.9M then
State-registered IARs (5.B.3)25 as of Aug 20, 2026
Mar 30, 20120 then
Employees (5.A)52 as of Aug 20, 2026
Mar 15, 20138 then
Private funds: no history
RAUM +66% over the last fiscal year+274% a year over threeIARs 23 to 25offices 2 to 3
Practice profile
derived from the filing of Aug 20, 2026; every figure names its basis
Archetypes, each a printed rule
- Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
- OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RAUM per advisor
- $567MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $210MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 100%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 6.5derived4 offices incl. principal (1.F.5)
- RAUM growth, one year
- +66%derivedbetween the last two annual amendments
- Advisor growth, one year
- +8.7%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminars, otherreportedItem 5.G
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pension and profit-sharing plans$13B89%
- Charitable organizations$941M6.4%
- State and municipal entities$728M4.9%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- 46reported
- Charitable clients
- 8reported
- Accounts
- 70reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.0 fund_share=0.0 institutional_share=1.0 related_bd=true related_bank=true bd_reps=0.0derived
Advisors registered through the firm
26 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Jayson A DavidsonChartered Financial Analyst | Portland, Or | Feb 25, 2009 | 29 y | 1 |
| Paul V Galindo | Portland, Or | Dec 11, 2014 | 25 y | 2 |
| Edward K Taylor | Portland, Or | Jun 3, 2016 | 25 y | 1 |
| Thomas J BreadenChartered Financial Analyst | Portland, Or | Aug 26, 2016 | 15 y | 0 |
| Rasch M Cousineau | Henderson, Nv | Sep 23, 2016 | 28 y | 1 |
| Matt A Morganroth | Boerne, Tx | Aug 8, 2017 | 11 y | 1 |
| Theodore P Grigsby | Portland, Or | Jan 8, 2020 | 19 y | 1 |
| Audrey E White | Portland, Or | Jan 27, 2020 | 23 y | 0 |
| Jessica L MyersChartered Financial Analyst | Dallas, Tx | Jun 25, 2024 | 11 y | 1 |
| Jefferson D ChalkChartered Financial Analyst | Dallas, Tx | Jun 25, 2024 | 17 y | 2 |
| Charles Lee Hodge | Dallas, Tx | Jun 25, 2024 | 29 y | 1 |
| Timothy Michael Buckley | Greenwood Village, Co | Jun 25, 2024 | 35 y | 2 |
| Karen M RobinsonChartered Financial Analyst | Greenwood Village, Co | Jun 25, 2024 | 27 y | 1 |
| Patrick J SmithChartered Financial Analyst | Greenwood Village, Co | Jun 25, 2024 | 19 y | 1 |
| Sean M WatersChartered Financial Analyst | Greenwood Village, Co | Jun 25, 2024 | 29 y | 2 |
| Dana B HenselChartered Financial Analyst | Greenwood Village, Co | Jun 26, 2024 | 11 y | 1 |
| Rahman A KhatirChartered Financial Analyst | Greenwood Village, Co | Jun 26, 2024 | 14 y | 2 |
| Lindsey C LevisonChartered Financial Analyst | Greenwood Village, Co | Jun 26, 2024 | 22 y | 1 |
| Joshua C HasskampChartered Financial Analyst | Greenwood Village, Co | Jun 26, 2024 | 14 y | 1 |
| Erica Michelle RugeChartered Financial Analyst | Greenwood Village, Co | Jun 26, 2024 | 14 y | 1 |
| Stuart G ThomasChartered Financial Analyst | Greenwood Village, Co | Jun 26, 2024 | 15 y | 1 |
| Madison Alexander Parr | Greenwood Village, Co | Jun 26, 2024 | 12 y | 1 |
| Joel E Dean | Greenwood Village, Co | Jan 13, 2025 | 10 y | 0 |
| Ryan Paul MurphyCertified Financial Planner | Greenwood Village, Co | Aug 7, 2025 | 23 y | 1 |
| Ericka J Skeldon | Portland, Or | Oct 28, 2025 | 12 y | 1 |
| Frederick A Stewart | Atlanta, Ga | Jul 10, 2026 | 36 y | 1 |
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Frederick A Stewart from UBS Financial Services Inc.Jul 10, 2026 · Other
- Ericka J Skeldon from Merrill Lynch, Pierce, Fenner & Smith IncorporatedOct 28, 2025 · Other
- Ryan Paul Murphy from Strategic Advisers LLCAug 7, 2025 · Other
- Theodore P Grigsby from Human InvestingJan 8, 2020 · Other
- Matt A Morganroth from Northwest Capital Management Inc.Aug 8, 2017 · Other
- Rasch M Cousineau from Missionsquare RetirementSep 23, 2016 · Other
- Edward K Taylor from Stancorp Investment Advisers, Inc.Jun 3, 2016 · Other
- Paul V Galindo from Arnerich Massena, Inc.Dec 11, 2014 · Other
- Jayson A Davidson from Arnerich Massena, Inc.Feb 25, 2009 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 12 joined from Cook Street Consulting, Inc.Jul 16, 2024 · Greenwood Village, Co · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Allen Jayson Davidson · Vice Presidentcontrolsince 09/2021 · owns less than 5%
- Michael Jeremiah France · Manager (Board Of Managers), Chairman, Chief Executive Officercontrolsince 09/2021 · owns less than 5%
- Richard Christopher Gargano · Chief Compliance Officercontrolsince 09/2021 · owns less than 5%
- Ira Marc Gordon · Chief Financial Officercontrolsince 09/2021 · owns less than 5%
- Michael Scott Mcintosh · Vice Presidentcontrolsince 06/2024 · owns less than 5%
- Dale Warren Parker · Vice Presidentcontrolsince 09/2021 · owns less than 5%
- Julien Mark Thompson · Manager (Board Of Managers), Presidentcontrolsince 09/2021 · owns less than 5%
Entity owners
- Morgan Stanley Domestic Holdings, LLC · Memberdirect · owns 75% or more
- Morgan Stanley · Memberindirect · owns 75% or more of Morgan Stanley Capital Management, LLC · public reporting company
- Morgan Stanley Capital Management, LLC · Memberindirect · owns 75% or more of Morgan Stanley Domestic Holdings, LLC
Related persons
Schedule D 7.A
- Morgan Stanleybroker-dealerinvestment advisernRAUM $1962B
Advisers that list Fiduciary Consulting Group as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Greenwood Village, Co · principal | 17 | 2 | 0 | ||
| Portland, Or | 7 | 1 | 0 | ||
| Dallas, Tx | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Portland, OR10 employees
- Dallas, TX9 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM up 50 %Change between filings · filing Apr 14, 2026RAUM (Item 5.F) moved from $8,870,425,168 to $14,731,075,301 (+66.0%) between the annual amendments of 2025-04-29 and 2026-04-14; the peer median change was +11.0% (66 comparable advisers, 98.0th percentile of changes)peers: institutional managers, $5B to $20B (66) · 98% percentile
What changed
consecutive filings, newest first
- Other offices · 2 to 3Mar 31, 2026 to Apr 14, 2026
- Accounts · 71 to 70Feb 25, 2026 to Mar 31, 2026
- Advisory employees · 42 to 33Feb 25, 2026 to Mar 31, 2026
- Business name · MORGAN STANLEY INSTITUTIONAL INVESTMENT ADVISORS LLC to FIDUCIARY CONSULTING GROUPFeb 25, 2026 to Mar 31, 2026
- Charity clients · unset to 8.0Feb 25, 2026 to Mar 31, 2026
- Pension plan clients · 59 to 46Feb 25, 2026 to Mar 31, 2026
- Employees · 59 to 52Feb 25, 2026 to Mar 31, 2026
- State-registered IARs · 23 to 25Feb 25, 2026 to Mar 31, 2026
- Discretionary RAUM · $8.9B to $15BFeb 25, 2026 to Mar 31, 2026
- Pension RAUM · $8.5B to $13BFeb 25, 2026 to Mar 31, 2026
- RAUM · $8.9B to $15BFeb 25, 2026 to Mar 31, 2026
- Accounts · 69 to 71Oct 30, 2024 to Apr 29, 2025
- Advisory employees · 41 to 42Oct 30, 2024 to Apr 29, 2025
- Corporate clients · 8.0 to unsetOct 30, 2024 to Apr 29, 2025
- Pension plan clients · 53 to 59Oct 30, 2024 to Apr 29, 2025
- Employees · 51 to 59Oct 30, 2024 to Apr 29, 2025
- Financial planning clients · unset to Oct 30, 2024 to Apr 29, 2025
- Discretionary RAUM · $7.7B to $8.9BOct 30, 2024 to Apr 29, 2025
- Pension RAUM · $7.1B to $8.5BOct 30, 2024 to Apr 29, 2025
- RAUM · $7.7B to $8.9BOct 30, 2024 to Apr 29, 2025
- Accounts · 16 to 69Jun 21, 2024 to Jul 1, 2024
- Advisory employees · 10 to 41Jun 21, 2024 to Jul 1, 2024
- Advisory activities · 4 to 5Jun 21, 2024 to Jul 1, 2024
- Pension plan clients · unset to 53.0Jun 21, 2024 to Jul 1, 2024
- Employees · 13 to 51Jun 21, 2024 to Jul 1, 2024
- HQ city · PORTLAND to GREENWOOD VILLAGEJun 21, 2024 to Jul 1, 2024
- HQ state · OR to COJun 21, 2024 to Jul 1, 2024
- State-registered IARs · 9 to 23Jun 21, 2024 to Jul 1, 2024
- Other offices · 0 to 2Jun 21, 2024 to Jul 1, 2024
- Discretionary RAUM · $645M to $7.7BJun 21, 2024 to Jul 1, 2024
- Pension RAUM · unset to 7083796252.0Jun 21, 2024 to Jul 1, 2024
- RAUM · $645M to $7.7BJun 21, 2024 to Jul 1, 2024
- Accounts · 12 to 16Aug 16, 2023 to Mar 28, 2024
- Corporate clients · 5 to 8Aug 16, 2023 to Mar 28, 2024
- Discretionary RAUM · $282M to $645MAug 16, 2023 to Mar 28, 2024
- RAUM · $282M to $645MAug 16, 2023 to Mar 28, 2024
- Business name · HYAS GROUP to MORGAN STANLEY INSTITUTIONAL INVESTMENT ADVISORS LLCMar 7, 2023 to Mar 29, 2023
- Corporate clients · 3 to 5Mar 7, 2023 to Mar 29, 2023
- HNW clients · 1.0 to unsetMar 7, 2023 to Mar 29, 2023
- Legal name · HYAS GROUP, LLC to MORGAN STANLEY INSTITUTIONAL INVESTMENT ADVISORS LLCMar 7, 2023 to Mar 29, 2023
Signals
14 dated events
- Fiduciary Consulting Group reported RAUM $14.7B, up 66% from $8.9B (2026-02-25 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- Cook Street Consulting, Inc.'s advisors moved to Fiduciary Consulting Group (Greenwood Village, CO): 12 of 14 registered, on the same dayJul 16, 2024 · Firm absorbed (people side) · derived
- Fiduciary Consulting Group reported 23 state-registered advisory representatives, up from 9 (2024-06-21 to 2024-07-01)Jul 1, 2024 · Advisor headcount change · derived
- Fiduciary Consulting Group reported RAUM $7.7B, up 1099% from $644.7M (2024-06-21 to 2024-07-01)Jul 1, 2024 · RAUM change · derived
- Michael Scott Mcintosh (Vice President) appeared on Schedule A of Fiduciary Consulting GroupJun 21, 2024 · Control person joined · fact
- Fiduciary Consulting Group reported RAUM $644.7M, up 129% from $281.7M (2023-08-16 to 2024-03-28)Mar 28, 2024 · RAUM change · derived
- Fiduciary Consulting Group reported RAUM $281.7M, up 77% from $158.9M (2023-03-07 to 2023-03-29)Mar 29, 2023 · RAUM change · derived
- Hyas Group reported succeeding to the business of Another Adviser (Form ADV Item 4)Mar 7, 2023 · Succession (Item 4) · fact
- James Brian Loescher (Managing Partner, Director Of Research) no longer on Schedule A of Fiduciary Consulting Group (listed 2021-06-21, absent 2021-09-29)Sep 29, 2021 · Control person left · inference
- Kay Michelle Worthingtonruppelt (Chief Compliance Officer) no longer on Schedule A of Fiduciary Consulting Group (listed 2021-06-21, absent 2021-09-29)Sep 29, 2021 · Control person left · inference
- Richard Christopher Gargano (Chief Compliance Officer) appeared on Schedule A of Fiduciary Consulting GroupSep 29, 2021 · Control person joined · fact
- Michael Jeremiah France (Manager (Board Of Managers), Chairman, Chief Executive Officer) appeared on Schedule A of Fiduciary Consulting GroupSep 29, 2021 · Control person joined · fact
- Julien Mark Thompson (Manager (Board Of Managers), President) appeared on Schedule A of Fiduciary Consulting GroupSep 29, 2021 · Control person joined · fact
- Marc Gordon (Chief Financial Officer) appeared on Schedule A of Fiduciary Consulting GroupSep 29, 2021 · 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/institutional-consulting-solutionreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 303-333-7770reportedpublic record, Form ADV, Aug 20, 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
- Institutional managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $567Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026