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

Latitude Advisors, LLC

Independent wealth managerCRD 151001SEC 801-70420websiteIAPD
Latest filing Apr 22, 2026
First filing on the tape Mar 7, 2012 · 41 filings
SEC status approved since Jul 16, 2009
RAUM
$567M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
87%
$495M individuals and HNW
Advisors
67
registered through the firm on IAPD
RAUM per advisor
$8.5M
derived; firm RAUM over IAPD count
Employees
66
65 advisory (5.B.1)
Offices
25
beyond the principal office
Private funds
0
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$567M as of Apr 22, 2026
Mar 7, 2012$162M then
HNW client RAUM$281M as of Apr 22, 2026
Mar 20, 2018$16.0M then
State-registered IARs (5.B.3)66 as of Apr 22, 2026
Mar 7, 20120 then
Employees (5.A)66 as of Apr 22, 2026
Mar 5, 201383 then
Private funds: no history
RAUM +49% over the last fiscal year+18% a year over threeIARs 70 to 66
Practice profile
derived from the filing of Apr 22, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Multi-office growth platform · an independent wealth manager (not a wirehouse, national broker-dealer RIA or broker-dealer affiliated firm) with at least five offices, at least 50 advisors, and RAUM up at least 20 percent over the last annual amendment
  • 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
$8.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
23derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$220,000derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
3.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.6derived26 offices incl. principal (1.F.5)
RAUM growth, one year
+49%derivedbetween the last two annual amendments
Advisor growth, one year
-5.7%derivedItem 5.B.3 between annual amendments
Client growth, one year
-3.8%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$54.0M, 60 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$281M50%
  • Individuals$214M38%
  • Corporations and businesses$54.3M9.6%
  • Pension and profit-sharing plans$17.5M3.1%
Individual clients
1,410reported
HNW clients
115reported
Pension plan clients
50reported
Charitable clients
n/areported
Accounts
2,575reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$54.0M for 60 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.87 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=57.0derived
Advisors registered through the firm
67 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Ernest ChisenaYorkville, Il Nov 2, 200942 y1
Todd A. LestinaYorkville, Il Nov 2, 200920 y1
Jeffrey Steven LaskyNorthbrook, Il Nov 2, 200941 y4
Martin LangYorkville, Il Nov 2, 200925 y1
James Leslie FaylorAllentown, Pa Nov 2, 200925 y1
Louis Edward ChomoCertified Financial PlannerYorkville, Il Nov 2, 200925 y1
William Carl ConteYorkville, Il Nov 19, 200940 y1
David Skeens McguireFort Pierce, Fl Nov 19, 200926 y1
George Warren LeachTampa, Fl Nov 19, 200942 y1
Jess William GainesFort Pierce, Fl Nov 19, 200926 y1
Jack Edward RadosevichLargo, Fl Nov 20, 200941 y2
Sandra Jean RolonMiramar, Fl Nov 20, 200922 y1
David Glenn SettelmyerCertified Financial PlannerSchaumburg, Il Nov 23, 200932 y3
Dean Robert MoellerPersonal Financial SpecialistSt Marys, Oh Dec 21, 200928 y2
Tracey Collins HigginbothamCocoa, Fl Jan 4, 201029 y3
Freddie David BlumenfeldSkokie, Il Jan 4, 201033 y3
Roland StadelmannYorkville, Il Jan 5, 201030 y3
Francis Gerard MiloYorkville, Il Jan 5, 201033 y2
James Emanuel WardWashington, Dc Jan 5, 201043 y1
Thomas Roger HopkinsBeaver Cove, Me Jan 6, 201027 y2
Lisa Marie GuthrieYorkville, Il Jan 6, 201031 y1
John Stephen BivensYorkville, IlJan 8, 201031 y1
Donald Paul CorlYorkville, Il Jan 11, 201044 y0
Kathryn F. BartonVero Beach, Fl Jan 14, 201026 y1
Sean Michael DavisCertified Financial PlannerPalm Harbor, Fl Jan 19, 201021 y1
Richard MagdalenoCertified Financial Planner, Chartered Financial ConsultantCerritos, Ca Jan 26, 201023 y2
John Joseph HeaneyLaconia, Nh Feb 5, 201026 y2
Greg A DangarWoodstock, Ga Aug 12, 201033 y3
Craig Roger PerkinsYorkville, Il Jan 9, 201235 y7
Stuart Ross LaskyChartered Financial ConsultantNorthbrook, Il Mar 6, 201513 y0
Craig Thomas PreisendeferCertified Financial PlannerPittsburgh, Pa May 29, 201534 y1
Nancy Elizabeth BrunnMundelein, Il May 12, 201625 y0
Matthew PopeElmhurst, Il Jul 7, 201720 y0
Kenny AvenilYorkville, Il Sep 26, 201729 y0
Robert Ray FitzjarraldCanton, Il Jan 8, 201842 y0
Gilberto Matthew CarmonaYorkville, Il Jul 9, 201821 y1
John W ShafferEast Freedom, Pa Jan 3, 201948 y3
Richard Gerald ColemanCertified Financial PlannerErie, Pa Sep 30, 201940 y2
James Paul PankeyYorkville, Il Jan 10, 202027 y0
Michele Paige HansenNorthbrook, Il Jan 20, 202110 y0
All 67 advisors at Latitude Advisors, LLC
Advisor movement
2 left, 1 joined in 12 months
net -1 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 3.0% of current headcount4 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Stephen John Bivens · Vice President/Chief Compliance Officercontrol
    since 01/2010 · owns less than 5%
  • Steven Jeffrey Lasky · Vice Presidentcontrol
    since 11/2009 · owns less than 5%
  • Richard Kenneth Penrose · Presidentcontrol
    since 11/2009 · owns less than 5%
  • Steven Jeffrey Lasky · Vice Presidentcontrol
    since 11/2009 · owns 25% to 50% of Latitude Financial, LLC
  • Richard Kenneth Penrose · President/Chief Compliance Officercontrol
    since 10/2009 · owns 25% to 50% of Latitude Financial, LLC
Entity owners
  • Latitude Financial, LLC · Managing Member
    direct · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Yorkville, Il6730
Allentown, Pa510
Northbrook, Il400
Skokie, Il300
Fort Pierce, Fl200
Lavale, Md200
Astoria, Ny200
Florence, Ky101
Saratoga Springs, Ny001
Offices
Schedule D 1.F, the 25 largest
  • Northbrook, IL3 employees
  • Cocoa, FL3 employees
  • Allentown, PA3 employees
  • Florence, KY2 employees
  • Skokie, IL2 employees
  • Lavale, MD2 employees
  • Mansfield, PA2 employees
  • Canton, IL2 employees
  • Albany, NY2 employees
  • Bethlehem, PA2 employees
  • Washington, DC1 employees
  • , 1 employees
  • , 1 employees
  • Largo, FL1 employees
  • , 1 employees
  • St. Marys, OH1 employees
  • Woodstock, GA1 employees
  • Newport Beach, CA1 employees
  • , 1 employees
  • Miramar, FL1 employees
  • Elmhurst, IL1 employees
  • Tryon, NC1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • RAUM up 25 %Change between filings · filing Apr 22, 2026
    RAUM (Item 5.F) moved from $379,516,000 to $566,500,000 (+49.0%) between the annual amendments of 2025-03-04 and 2026-04-22; the peer median change was +16.0% (1386 comparable advisers, 94.0th percentile of changes)
    peers: independent wealth managers, $500M to $1B (1,386) · 94% percentile
What changed
consecutive filings, newest first
  • Accounts · 2,305 to 2,575
    Nov 5, 2025 to Mar 16, 2026
  • Advisory employees · 69 to 65
    Nov 5, 2025 to Mar 16, 2026
  • BD registered reps · 60 to 57
    Nov 5, 2025 to Mar 16, 2026
  • Corporate clients · 31 to 15
    Nov 5, 2025 to Mar 16, 2026
  • HNW clients · 60 to 115
    Nov 5, 2025 to Mar 16, 2026
  • Individual clients · 1,525 to 1,410
    Nov 5, 2025 to Mar 16, 2026
  • Pension plan clients · 59 to 50
    Nov 5, 2025 to Mar 16, 2026
  • Assets in custody · $52.7M to $54.0M
    Nov 5, 2025 to Mar 16, 2026
  • Employees · 70 to 66
    Nov 5, 2025 to Mar 16, 2026
  • State-registered IARs · 70 to 66
    Nov 5, 2025 to Mar 16, 2026
  • Discretionary RAUM · $369M to $557M
    Nov 5, 2025 to Mar 16, 2026
  • HNW RAUM · $141M to $281M
    Nov 5, 2025 to Mar 16, 2026
  • Individual RAUM · $169M to $214M
    Nov 5, 2025 to Mar 16, 2026
  • Non-discretionary RAUM · $10.8M to $10.0M
    Nov 5, 2025 to Mar 16, 2026
  • Pension RAUM · $16.3M to $17.5M
    Nov 5, 2025 to Mar 16, 2026
  • RAUM · $380M to $567M
    Nov 5, 2025 to Mar 16, 2026
  • Accounts · 1,710 to 2,305
    Jul 23, 2024 to Mar 4, 2025
  • Advisory employees · 73 to 69
    Jul 23, 2024 to Mar 4, 2025
  • BD registered reps · 62 to 60
    Jul 23, 2024 to Mar 4, 2025
  • Corporate clients · 9 to 31
    Jul 23, 2024 to Mar 4, 2025
  • HNW clients · 48 to 60
    Jul 23, 2024 to Mar 4, 2025
  • Individual clients · 1,402 to 1,525
    Jul 23, 2024 to Mar 4, 2025
  • Pension plan clients · 43 to 59
    Jul 23, 2024 to Mar 4, 2025
  • Assets in custody · $59.6M to $52.7M
    Jul 23, 2024 to Mar 4, 2025
  • Employees · 74 to 70
    Jul 23, 2024 to Mar 4, 2025
  • Financial planning clients · 11-25 to 11-25
    Jul 23, 2024 to Mar 4, 2025
  • HQ city · unset to
    Jul 23, 2024 to Mar 4, 2025
  • HQ state · unset to
    Jul 23, 2024 to Mar 4, 2025
  • State-registered IARs · 74 to 70
    Jul 23, 2024 to Mar 4, 2025
  • Discretionary RAUM · $325M to $369M
    Jul 23, 2024 to Mar 4, 2025
  • HNW RAUM · $105M to $141M
    Jul 23, 2024 to Mar 4, 2025
  • Individual RAUM · $218M to $169M
    Jul 23, 2024 to Mar 4, 2025
  • Non-discretionary RAUM · $15.8M to $10.8M
    Jul 23, 2024 to Mar 4, 2025
  • Pension RAUM · $14.4M to $16.3M
    Jul 23, 2024 to Mar 4, 2025
  • RAUM · $340M to $380M
    Jul 23, 2024 to Mar 4, 2025
  • Accounts · 1,320 to 1,710
    Mar 6, 2023 to Mar 25, 2024
  • Advisory employees · 74 to 73
    Mar 6, 2023 to Mar 25, 2024
  • BD registered reps · 66 to 62
    Mar 6, 2023 to Mar 25, 2024
  • Corporate clients · 5 to 9
    Mar 6, 2023 to Mar 25, 2024
  • HNW clients · 53 to 48
    Mar 6, 2023 to Mar 25, 2024
Signals
7 dated events
  • Sharon Ann Merkle left Latitude Advisors, Llc for Pinnacle Wealth Strategies, Llc (registered 2021-08-16)
    Aug 31, 2026 · Advisor changed firm · fact
  • Latitude Advisors, Llc reported RAUM $566.5M, up 49% from $379.5M (2025-11-05 to 2026-03-16)
    Mar 16, 2026 · RAUM change · derived
  • Timothy J Davis left Latitude Advisors, Llc for Kleinfelder Capital, Inc. (registered 2025-12-03)
    Dec 1, 2025 · Advisor changed firm · fact
  • Patrick Volpe left Latitude Advisors, Llc for Brooke Forest Capital Llc (registered 2024-02-07)
    Apr 1, 2024 · Advisor changed firm · fact
  • Stephen Paul Shaffer left Latitude Advisors, Llc for Oneseven (registered 2024-04-09)
    Mar 1, 2024 · Advisor changed firm · fact
  • Taylor Boone Hodges left Latitude Advisors, Llc for Cornerstone Planning Group (registered 2022-05-02)
    Apr 29, 2022 · Advisor changed firm · fact
  • Latitude Advisors, Llc reported 25 offices beyond its principal office, up from 7 (2017-11-20 to 2018-03-20)
    Mar 20, 2018 · Office count change · derived
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
Business email
info@latitudefinancial.netreportedpublished by the firm, firm site, Sep 17, 2026
Business phone
561-472-2700reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
630-553-3730reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
630-708-1952reportedpublished by the firm, firm site, Sep 17, 2026
Website
LATITUDEFINANCIAL.NETreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
630-553-3730reportedpublic record, Form ADV, Apr 22, 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
$8.5Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026