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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Former SEC-registered adviser
H•• C•••••• L••
Latest filing Mar 15, 2023
First filing on the tape Mar 16, 2012 · 23 filings
RAUM
$768M
reported, Item 5.F
Discretionary
87%
of RAUM
Private clients
73%
$557M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
14
12 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$768M as of Mar 15, 2023
Mar 16, 2012$75.0M then
HNW client RAUM$326M as of Mar 15, 2023
Mar 27, 2018$182M then
State-registered IARs (5.B.3)12 as of Mar 15, 2023
Mar 20, 20130 then
Employees (5.A)14 as of Mar 15, 2023
Mar 20, 20135 then
Private funds: no history
RAUM -7.5% over the last fiscal year+13% a year over threeIARs 12 to 12
Practice profile
derived from the filing of Mar 15, 2023; every figure names its basis
- RAUM per advisor
- $64.0MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 182derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.8MderivedHNW RAUM over HNW clients
- Average account
- $255,140derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 87%derivedof RAUM
- Institutional
- 25%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.2derivedItem 5.A over advisors
- Advisors per office
- 6.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- -7.5%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +10%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Custody
- $392M, 792 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)
- 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$326M42%
- Individuals$231M30%
- Pension and profit-sharing plans$178M23%
- Corporations and businesses$21.8M2.8%
- State and municipal entities$7.9M1.0%
- Charitable organizations$2.8M0.4%
- Individual clients
- 1,999reported
- HNW clients
- 182reported
- Pension plan clients
- 59reported
- Charitable clients
- 6reported
- Accounts
- 3,011reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- $0 sponsored, $7.8M managedreported
- Custody of client assets
- $392M for 792 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
- T••••• B•••• R•••••• to C•••••• C••••••• L••May 9, 2023 · RIA to RIA
- D•••• C••• R•••••• to C•••••• C••••••• L••May 9, 2023 · RIA to RIA
- N••••••• T•••••• N•••••• to C•••••• C••••••• L••May 9, 2023 · RIA to RIA
- C••••••••• P••• Y••••• to H••• C•••••• O• W••May 9, 2023 · RIA to RIA
- T••••• M••••• A••••••• to K•• I••••••••• S••••••• L••May 9, 2023 · RIA to affiliated broker-dealer or bank
- R•••••• L•••••••• W••••••••• to C•••••• C••••••• L••May 9, 2023 · RIA to RIA
- S•••••• J••• F••••• to C•••••• C••••••• L••May 9, 2023 · RIA to RIA
- R••••• C••••••••• H•••••• to W•••• I••••••••• A•••••••• L••May 9, 2023 · Other
- I••••••• F•••••• L••••••• to C•••••• C••••••• L••May 9, 2023 · RIA to RIA
- D•••• R••• E••••••••• to A••••••• P••••••••• A•••••••• I••Mar 15, 2023 · RIA to affiliated broker-dealer or bank
- J••• E••••• H•••• to H••• C•••••• O• W••Mar 15, 2023 · RIA to RIA
Joined, latest
- D•••• R••• E••••••••• from L•• F•••••••• L••Aug 12, 2021 · RIA to RIA
- T••••• M••••• A••••••• from L•• F•••••••• L••Aug 9, 2021 · Affiliated broker-dealer or bank to independent RIA
- S•••••• J••• F••••• from L•• F•••••••• L••Aug 8, 2021 · Affiliated broker-dealer or bank to independent RIA
- I••••••• F•••••• L••••••• from M•••••• L••••• P•••••• F••••• • S•••• I•••••••••Nov 14, 2019 · Wirehouse to independent RIA
- T••••• B•••• R•••••• from P•• W••••• M•••••••••Mar 30, 2016 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 6 left for C•••••• C••••••• L••May 9, 2023 · Rochester, Ny · Firm absorbed
- 2 joined from L•• F•••••••• L••May 12, 2023 · Yorkshire, Ny
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- M•••• K••••• A•• · Chief Compliance Officercontrolsince 02/2019 · owns less than 5%
- N••••••• N•••••••• T•••••• · Executive Vice Presidentcontrolsince 07/2011 · owns less than 5%
- W••••••••• R••••••• L•••••••• · Managing Directorcontrolsince 06/2021 · owns less than 5%
Entity owners
- F•••••••• I••••••••• I••• · Ownerdirect · owns 75% or more · public reporting company
Related persons
Schedule D 7.A
- C•••••• C••••••• L••investment advisernRAUM $3.6B
- F••• S••• B•••n
- S•• I•••••••• A••••• L••real estaten
Advisers that list H•• C•••••• L•• as a related person
- 156783 y
Offices
Schedule D 1.F, the 25 largest
- Pittsburgh, PA1 employees
What changed
consecutive filings, newest first
- Accounts · 2,775 to 3,011Sep 6, 2022 to Mar 15, 2023
- Charity clients · 3 to 6Sep 6, 2022 to Mar 15, 2023
- Corporate clients · 11 to 12Sep 6, 2022 to Mar 15, 2023
- HNW clients · 168 to 182Sep 6, 2022 to Mar 15, 2023
- Individual clients · 1,811 to 1,999Sep 6, 2022 to Mar 15, 2023
- Pension plan clients · 56 to 59Sep 6, 2022 to Mar 15, 2023
- Assets in custody · $351M to $392MSep 6, 2022 to Mar 15, 2023
- Employees · 15 to 14Sep 6, 2022 to Mar 15, 2023
- Discretionary RAUM · $721M to $669MSep 6, 2022 to Mar 15, 2023
- HNW RAUM · $373M to $326MSep 6, 2022 to Mar 15, 2023
- Individual RAUM · $246M to $231MSep 6, 2022 to Mar 15, 2023
- Non-discretionary RAUM · $110M to $98.9MSep 6, 2022 to Mar 15, 2023
- Pension RAUM · $188M to $178MSep 6, 2022 to Mar 15, 2023
- RAUM · $831M to $768MSep 6, 2022 to Mar 15, 2023
- Wrap assets (manager) · $8.7M to $7.8MSep 6, 2022 to Mar 15, 2023
- Accounts · 1,971 to 2,775Jun 21, 2021 to Mar 30, 2022
- Charity clients · 6 to 3Jun 21, 2021 to Mar 30, 2022
- Corporate clients · 7 to 11Jun 21, 2021 to Mar 30, 2022
- HNW clients · 145 to 168Jun 21, 2021 to Mar 30, 2022
- Individual clients · 1,243 to 1,811Jun 21, 2021 to Mar 30, 2022
- Pension plan clients · 47 to 56Jun 21, 2021 to Mar 30, 2022
- Assets in custody · $240M to $351MJun 21, 2021 to Mar 30, 2022
- Employees · 17 to 15Jun 21, 2021 to Mar 30, 2022
- State-registered IARs · 2 to 12Jun 21, 2021 to Mar 30, 2022
- Discretionary RAUM · $543M to $721MJun 21, 2021 to Mar 30, 2022
- HNW RAUM · $296M to $373MJun 21, 2021 to Mar 30, 2022
- Individual RAUM · $166M to $246MJun 21, 2021 to Mar 30, 2022
- Non-discretionary RAUM · $91.9M to $110MJun 21, 2021 to Mar 30, 2022
- Pension RAUM · $163M to $188MJun 21, 2021 to Mar 30, 2022
- RAUM · $635M to $831MJun 21, 2021 to Mar 30, 2022
- Wrap assets (manager) · $4.7M to $8.7MJun 21, 2021 to Mar 30, 2022
- Advisory employees · 13 to 12Mar 23, 2021 to Jun 21, 2021
- Employees · 18 to 17Mar 23, 2021 to Jun 21, 2021
- Accounts · 1,455 to 1,971Jun 22, 2020 to Mar 23, 2021
- Corporate clients · 5 to 7Jun 22, 2020 to Mar 23, 2021
- HNW clients · 111 to 145Jun 22, 2020 to Mar 23, 2021
- Individual clients · 898 to 1,243Jun 22, 2020 to Mar 23, 2021
- Pension plan clients · 36 to 47Jun 22, 2020 to Mar 23, 2021
- Assets in custody · $166M to $240MJun 22, 2020 to Mar 23, 2021
- Employees · 17 to 18Jun 22, 2020 to Mar 23, 2021
Signals
19 dated events
- 2 advisors left L•• F•••••••• L•• (Yorkshire, NY) for H•• C•••••• L•• within 11 daysMay 12, 2023 · Team lift-out · derived
- S•••••• J••• F••••• left H•• C•••••• L•• for C•••••• C••••••• L•• (registered 2023-06-13)May 9, 2023 · Advisor changed firm · fact
- R•••••• L•••••••• W••••••••• left H•• C•••••• L•• for C•••••• C••••••• L•• (registered 2023-05-09)May 9, 2023 · Advisor changed firm · fact
- D•••• C••• R•••••• left H•• C•••••• L•• for C•••••• C••••••• L•• (registered 2023-06-13)May 9, 2023 · Advisor changed firm · fact
- N••••••• T•••••• N•••••• left H•• C•••••• L•• for C•••••• C••••••• L•• (registered 2023-05-30)May 9, 2023 · Advisor changed firm · fact
- R••••• C••••••••• H•••••• left H•• C•••••• L•• for W•••• I••••••••• A•••••••• L•• (registered 2023-04-14)May 9, 2023 · Advisor changed firm · fact
- C••••••••• P••• Y••••• left H•• C•••••• L•• for H••• C•••••• O• W•• (registered 2023-09-21)May 9, 2023 · Advisor changed firm · fact
- H•• C•••••• L••'s advisors moved to C•••••• C••••••• L•• (Rochester, NY): 6 of 9 registered, on the same dayMay 9, 2023 · Firm absorbed (people side) · derived
- T••••• B•••• R•••••• left H•• C•••••• L•• for C•••••• C••••••• L•• (registered 2023-06-13)May 9, 2023 · Advisor changed firm · fact
- I••••••• F•••••• L••••••• left H•• C•••••• L•• for C•••••• C••••••• L•• (registered 2023-06-13)May 9, 2023 · Advisor changed firm · fact
- T••••• M••••• A••••••• left H•• C•••••• L•• for K•• I••••••••• S••••••• L•• (registered 2023-05-16)May 9, 2023 · Advisor changed firm · fact
- D•••• R••• E••••••••• left H•• C•••••• L•• for A••••••• P••••••••• A•••••••• I•• (registered 2023-03-08)Mar 15, 2023 · Advisor changed firm · fact
- C••••••••• R••••• H•••••• (Executive Vice President) no longer on Schedule A of H•• C•••••• L•• (listed 2022-09-06, absent 2023-03-15)Mar 15, 2023 · Control person left · inference
- J••• E••••• H•••• left H•• C•••••• L•• for H••• C•••••• O• W•• (registered 2023-03-20)Mar 15, 2023 · Advisor changed firm · fact
- H•• C•••••• L•• reported 12 state-registered advisory representatives, up from 2 (2021-06-21 to 2022-03-30)Mar 30, 2022 · Advisor headcount change · derived
- H•• C•••••• L•• reported RAUM $830.7M, up 31% from $634.9M (2021-06-21 to 2022-03-30)Mar 30, 2022 · RAUM change · derived
- Raymond John Piccirilli (President) no longer on Schedule A of H•• C•••••• L•• (listed 2021-03-23, absent 2021-06-21)Jun 21, 2021 · Control person left · inference
- H•• C•••••• L•• reported RAUM $536.1M, up 53% from $349.9M (2019-03-28 to 2020-03-06)Mar 6, 2020 · RAUM change · derived
- Jeffery Neil Powers (Chief Investment Officer) no longer on Schedule A of H•• C•••••• L•• (listed 2018-07-09, absent 2019-03-28)Mar 28, 2019 · Control person left · inference
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