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

Chelsea Advisory Services, Inc

Independent wealth managerStaten Island, New YorkCRD 150791SEC 801-112349websiteIAPD
Latest filing Aug 18, 2026
First filing on the tape Dec 21, 2017 · 31 filings
SEC status approved since Jan 19, 2018
RAUM
$147M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$147M individuals and HNW
Advisors
31
registered through the firm on IAPD
RAUM per advisor
$4.8M
derived; firm RAUM over IAPD count
Employees
30
25 advisory (5.B.1)
Offices
21
beyond the principal office
Private funds
0
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$147M as of Aug 18, 2026
Mar 29, 2018$27.7M then
HNW client RAUM$24.0M as of Aug 18, 2026
Mar 29, 2018$11.4M then
State-registered IARs (5.B.3)25 as of Aug 18, 2026
Mar 29, 20186 then
Employees (5.A)30 as of Aug 18, 2026
Mar 29, 20186 then
Private funds: no history
RAUM +16% over the last fiscal year+18% a year over threeIARs 22 to 25
Practice profile
derived from the filing of Aug 18, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$4.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
18derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$520,925derivedHNW RAUM over HNW clients
Average account
$269,380derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.4derived22 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+14%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.6%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$123M84%
  • High-net-worth individuals$24.0M16%
Individual clients
506reported
HNW clients
46reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
547reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=25.0derived
Advisors registered through the firm
31 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Matthew Robert NugentCertified Financial PlannerStaten Island, NyMay 17, 201620 y2
Roseann PalermoStaten Island, NyMay 17, 201630 y1
Baron Thomas WillisAlpine, CaJun 19, 201730 y2
John Thomas PisapiaStaten Island, NyJun 19, 201733 y0
Ryan Christopher KellerCertified Financial PlannerRed Bank, NjJul 31, 201717 y1
Paul Michael BalogLady Lake, FlNov 7, 201839 y5
David Andrew MedlinLittle River, Sc Dec 8, 201832 y3
Christopher VetranoStaten Island, NyFeb 15, 201932 y0
Jon Paul FrancoStaten Island, Ny Mar 14, 201930 y0
Odalis Mercedes LopezMiami, FlAug 16, 201927 y7
Tony Earl McneillKnightdale, Nc Jan 2, 202026 y4
Randi AllgoodKennett, Mo Jan 6, 202019 y2
Saralynn Deer GolobLake Worth, Fl Feb 11, 202022 y1
Stephen Raphael SeboldStaten Island, NyMar 30, 202032 y1
Daniel Ray OvercashCertified Financial PlannerJamestown, Ny Nov 18, 202056 y0
Scott VanderlindenStaten Island, Ny Jan 4, 202123 y5
Sandra Ohehir KeirCertified Financial PlannerStaten Island, Ny Jul 15, 202135 y5
John J KalendekStaten Island, Ny Sep 23, 202131 y2
James StephensonStaten Island, Ny Sep 30, 202110 y1
Nicholas William IarrobinoStaten Island, Ny Mar 7, 202220 y0
Scott Martin BreskyStaten Island, Ny Apr 17, 202335 y6
Andrew James CilentoCertified Financial PlannerStaten Island, NyMay 1, 202312 y1
Joseph PalermoStaten Island, Ny Jan 18, 202411 y0
Matthew Francis CilentoStaten Island, Ny Mar 19, 202415 y0
Ori William PagovichStaten Island, Ny Jan 3, 202526 y2
Russell George LuceOrland Park, Il Jan 13, 202532 y6
Steven Mario MelchiorriChartered Financial ConsultantStaten Island, Ny Apr 21, 202525 y0
Richard Brian StewartCertified Financial PlannerIndianapolis, In Nov 6, 202539 y3
Wesley Andrew SteedHoover, Al Jul 22, 202629 y3
David Russell LambStatham, GaAug 14, 202628 y7
Doug Scott GraumannEllensburg, Wa Aug 27, 202632 y4
Advisor movement
1 left, 3 joined in 12 months
net +2 in 12 months0 left in 90 days2 joined in 90 daysdeparture rate 3.2% of current headcount2 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Thomas John Pisapia · Presidentcontrol
    since 06/2009 · owns 75% or more
  • Raphael Stephen Sebold · Ccocontrol
    since 07/2020 · owns less than 5%
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Staten Island, Ny · principal2630
Ludlow, Ma001
North Hills, Ny000
Offices
Schedule D 1.F, the 25 largest
  • Staten Island, NY2 employees
  • , 1 employees
  • Miami, FL1 employees
  • Lake Worth, FL1 employees
  • Huntington Station, NY1 employees
  • Jamestown, NY1 employees
  • Kirkland, WA1 employees
  • , 1 employees
  • , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • HNW share shiftChange between filings · filing Mar 6, 2026
    HNW share of RAUM moved from 32.0% to 16.0% between the annual amendments of 2025-02-18 and 2026-03-06
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 536 to 547
    Feb 18, 2025 to Feb 18, 2026
  • Advisory employees · 22 to 25
    Feb 18, 2025 to Feb 18, 2026
  • BD registered reps · 19 to 25
    Feb 18, 2025 to Feb 18, 2026
  • HNW clients · 21 to 46
    Feb 18, 2025 to Feb 18, 2026
  • Individual clients · 517 to 506
    Feb 18, 2025 to Feb 18, 2026
  • Employees · 22 to 30
    Feb 18, 2025 to Feb 18, 2026
  • State-registered IARs · 22 to 25
    Feb 18, 2025 to Feb 18, 2026
  • Discretionary RAUM · $126M to $147M
    Feb 18, 2025 to Feb 18, 2026
  • HNW RAUM · $40.6M to $24.0M
    Feb 18, 2025 to Feb 18, 2026
  • Individual RAUM · $86.3M to $123M
    Feb 18, 2025 to Feb 18, 2026
  • Non-discretionary RAUM · $575,839 to $359,755
    Feb 18, 2025 to Feb 18, 2026
  • RAUM · $127M to $147M
    Feb 18, 2025 to Feb 18, 2026
  • Accounts · 444 to 536
    Jan 3, 2025 to Feb 18, 2025
  • Advisory employees · 19 to 22
    Jan 3, 2025 to Feb 18, 2025
  • BD registered reps · 18 to 19
    Jan 3, 2025 to Feb 18, 2025
  • HNW clients · 16 to 21
    Jan 3, 2025 to Feb 18, 2025
  • Individual clients · 429 to 517
    Jan 3, 2025 to Feb 18, 2025
  • Employees · 19 to 22
    Jan 3, 2025 to Feb 18, 2025
  • Financial planning clients · 0 to 0
    Jan 3, 2025 to Feb 18, 2025
  • State-registered IARs · 9 to 22
    Jan 3, 2025 to Feb 18, 2025
  • Other offices · 18 to 21
    Jan 3, 2025 to Feb 18, 2025
  • Discretionary RAUM · $99.9M to $126M
    Jan 3, 2025 to Feb 18, 2025
  • HNW RAUM · $40.9M to $40.6M
    Jan 3, 2025 to Feb 18, 2025
  • Individual RAUM · $60.1M to $86.3M
    Jan 3, 2025 to Feb 18, 2025
  • Non-discretionary RAUM · $1.1M to $575,839
    Jan 3, 2025 to Feb 18, 2025
  • RAUM · $101M to $127M
    Jan 3, 2025 to Feb 18, 2025
  • Assets in custody · 101019149.0 to unset
    Feb 28, 2024 to Apr 4, 2024
  • Custody of client assets · true to false
    Feb 28, 2024 to Apr 4, 2024
  • Accounts · 463 to 444
    Aug 18, 2023 to Feb 28, 2024
  • BD registered reps · 17 to 18
    Aug 18, 2023 to Feb 28, 2024
  • HNW clients · 76 to 16
    Aug 18, 2023 to Feb 28, 2024
  • Individual clients · 387 to 429
    Aug 18, 2023 to Feb 28, 2024
  • Assets in custody · unset to 101019149.0
    Aug 18, 2023 to Feb 28, 2024
  • Custody of client assets · false to true
    Aug 18, 2023 to Feb 28, 2024
  • Discretionary RAUM · $87.4M to $99.9M
    Aug 18, 2023 to Feb 28, 2024
  • HNW RAUM · $45.2M to $40.9M
    Aug 18, 2023 to Feb 28, 2024
  • Individual RAUM · $44.3M to $60.1M
    Aug 18, 2023 to Feb 28, 2024
  • Non-discretionary RAUM · $2.1M to $1.1M
    Aug 18, 2023 to Feb 28, 2024
  • RAUM · $89.5M to $101M
    Aug 18, 2023 to Feb 28, 2024
  • Accounts · 379 to 463
    Oct 27, 2022 to Mar 8, 2023
Signals
8 dated events
  • Daniel W Goggins left Chelsea Advisory Services, Inc for Lpl Financial Llc (registered 2026-02-25)
    Dec 22, 2025 · Advisor changed firm · fact
  • Chelsea Advisory Services, Inc reported 22 state-registered advisory representatives, up from 9 (2025-01-03 to 2025-02-18)
    Feb 18, 2025 · Advisor headcount change · derived
  • Michael Kogan left Chelsea Advisory Services, Inc for Esi Financial Advisors (registered 2026-04-06)
    Dec 17, 2024 · Advisor changed firm · fact
  • Drew David Parisi left Chelsea Advisory Services, Inc for Pruco Securities, Llc (registered 2022-05-12)
    May 9, 2022 · Advisor changed firm · fact
  • Ardis Owens left Chelsea Advisory Services, Inc for Northwestern Mutual Investment Services,Llc (registered 2023-03-20)
    Mar 28, 2022 · Advisor changed firm · fact
  • Chelsea Advisory Services, Inc reported 17 offices beyond its principal office, up from 8 (2021-09-28 to 2022-03-11)
    Mar 11, 2022 · Office count change · derived
  • Raphael Stephen Sebold (Cco) appeared on Schedule A of Chelsea Advisory Services, Inc
    Jul 27, 2020 · Control person joined · fact
  • Chelsea Advisory Services, Inc filed its initial SEC registration (Form ADV)
    Dec 21, 2017 · 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.
How to reach
public business contact points only, each with its source
Website
chfs.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
718-967-8400reportedpublic record, Form ADV, Aug 18, 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
$4.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026