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.
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Former SEC-registered adviser
E•••• W••••• M••••••••• L••
Latest filing Oct 25, 2023
First filing on the tape Feb 2, 2012 · 60 filings
RAUM
$225,507
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
100%
$225,507 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
60 filings and snapshots on the tape
RAUM$90.6M as of Mar 29, 2023
Feb 2, 2012$91.7M then
HNW client RAUM$54.8M as of Mar 29, 2023
Mar 26, 2018$16.0M then
State-registered IARs (5.B.3)10 as of Mar 29, 2023
Feb 2, 20120 then
Employees (5.A)11 as of Mar 29, 2023
Mar 8, 201310 then
Private funds: no history
RAUM -100% over the last fiscal year-86% a year over threeIARs 12 to 2offices 6 to 1
Practice profile
derived from the filing of Oct 25, 2023; every figure names its basis
- RAUM per advisor
- $112,754derivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 1derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $112,754derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 0.0%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
- 1.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- -31%derivedbetween the last two annual amendments
- Advisor growth, one year
- -17%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -14%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individualsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$225,507100%
- Individual clients
- 2reported
- HNW clients
- 0reported
- Pension plan clients
- n/areported
- Charitable clients
- 0reported
- Accounts
- 2reported
- Financial planning clients
- n/areported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- 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
- S••••• F• M•••••••• to W•••••• J••••• C•••••• M••••••••• I•••Oct 25, 2022 · RIA to RIA
- M•••••• J•••• L••••••• to V••••••• A•••••••• I•••Jun 27, 2022 · RIA to affiliated broker-dealer or bank
- M•••••• L••••••• P•••• to G•••••• S•••• W••••• S•••••••• L•••May 9, 2022 · RIA to affiliated broker-dealer or bank
- M••••• N•• C••• to D•• A•••••••• L••Jan 24, 2018 · Other
- W•••••• P••• G•••••• to D•• A•••••••• L••Jan 24, 2018 · Other
- F•••• H•••• C•••••••• to R•• W••••• M•••••••••Jan 11, 2018 · Other
- A••••• S•••••••• to M••••• F••••• O•••••Sep 11, 2013 · Other
- C•••••• T••••• N••••••• to A••••••••• F•••••••• S•••••••• L••Aug 3, 2012 · Other
- C••••••••• L••••••• C•••••• to M•• I•••••••• S•••••••• L••Nov 16, 2011 · Other
Joined, latest
- M•••••• J•••• L••••••• from C•••••• S••••• • C••• I•••Feb 27, 2019 · Affiliated broker-dealer or bank to independent RIA
- S••••• F• M•••••••• from S••••••••• A•••••• A•••••••• I•••Aug 7, 2018 · Affiliated broker-dealer or bank to independent RIA
- M••• R••••• C•••••• from C•••••• S••••• • C••• I•••May 4, 2016 · Other
- J•••• E••••• R••••••••• from C••••• I••••••••• A••••••• L••May 2, 2016 · Other
- W•••••• P••• G•••••• from A••••••••• F•••••••• S•••••••• L••Jul 1, 2015 · Other
- W•••••• V•••••• C••••• from E•••••••• A•••••••• L••May 29, 2012 · Other
- C••••••••• L••••••• C•••••• from M•• F•••••••• S•••••••• I•••Nov 14, 2011 · Other
- G••••• D••••• L•• from M•••••• S•••• • C••• I•••Jul 1, 2011 · Other
- M•••••• A••• N••• from S••••• A••• I••••••••• A•••••• S•••••••• I•••Jan 18, 2011 · Other
- S•••••• C•••••• F•••• from M•••••• S•••• • C••• I•••Mar 18, 2010 · Other
- C•••••• T••••• N••••••• from M•••••• S•••• A••••••• L••Mar 9, 2010 · Other
- M••••• N•• C••• from M•••••• S•••• A••••••• L••Mar 9, 2010 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 5 left for Q••••• P••••••• I••••••••• M•••••••••Oct 24, 2023 · Saratoga Springs, Ny · Firm absorbed
- 2 left for D•• A•••••••• L••Jan 24, 2018 · Saratoga Springs, Ny
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- L••• J•••••• A••••• · Chief Executive Officercontrolsince 01/2022 · owns less than 5%
- W•••••• K•••• P•••••• · Ccocontrolsince 07/2022 · owns less than 5%
- L••• J•••••• A••••• · Equity Holder Of Quaestus Holdings, LLCsince 01/2018 · owns 25% to 50% of E•••• F••••••••• L••
- W••••••• S••••• A••• · Equity Holder Of P••••••••• H•••••••since 04/2010 · owns 75% or more of P••••••••• H•••••••
Entity owners
- E•••• F••••••••• L•• · Ownerdirect · owns 75% or more
- P••••••••• H••••••• · Equity Holder Of Quaestus Holdings, LLCindirect · owns 25% to 50% of E•••• F••••••••• L••
Related persons
Schedule D 7.A
- E•••• P•••••••• L••broker-dealern
- Q••••• P••••••• I••••••••• M•••••••••investment advisernRAUM $612M
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Clearwater, Fl | 0 | 0 | 0 | ||
| Saratoga Springs, Ny · principal | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Utica, NY1 employees
What changed
consecutive filings, newest first
- Accounts · 294 to 2Mar 29, 2023 to Oct 25, 2023
- Advisory employees · 1 to 2Mar 29, 2023 to Oct 25, 2023
- Advisory activities · 4 to 1Mar 29, 2023 to Oct 25, 2023
- BD registered reps · 9 to 1Mar 29, 2023 to Oct 25, 2023
- HNW clients · 42 to 0Mar 29, 2023 to Oct 25, 2023
- Individual clients · 102 to 2Mar 29, 2023 to Oct 25, 2023
- Employees · 11 to 2Mar 29, 2023 to Oct 25, 2023
- Financial planning clients · 1-10 to unsetMar 29, 2023 to Oct 25, 2023
- HQ city · CLIFTON PARK to SARATOGA SPRINGSMar 29, 2023 to Oct 25, 2023
- State-registered IARs · 10 to 2Mar 29, 2023 to Oct 25, 2023
- Other offices · 5 to 1Mar 29, 2023 to Oct 25, 2023
- Discretionary RAUM · $68.7M to $0Mar 29, 2023 to Oct 25, 2023
- HNW RAUM · 54837482.0 to unsetMar 29, 2023 to Oct 25, 2023
- Individual RAUM · $21.1M to $225,507Mar 29, 2023 to Oct 25, 2023
- Non-discretionary RAUM · $21.8M to $225,507Mar 29, 2023 to Oct 25, 2023
- Pension RAUM · $13.9M to $0Mar 29, 2023 to Oct 25, 2023
- RAUM · $90.6M to $225,507Mar 29, 2023 to Oct 25, 2023
- Accounts · 398 to 294Sep 20, 2022 to Mar 29, 2023
- Advisory employees · 13 to 1Sep 20, 2022 to Mar 29, 2023
- BD registered reps · 13 to 9Sep 20, 2022 to Mar 29, 2023
- HNW clients · 55 to 42Sep 20, 2022 to Mar 29, 2023
- Individual clients · 112 to 102Sep 20, 2022 to Mar 29, 2023
- Employees · 13 to 11Sep 20, 2022 to Mar 29, 2023
- Insurance-licensed employees · 0 to 2Sep 20, 2022 to Mar 29, 2023
- State-registered IARs · 12 to 10Sep 20, 2022 to Mar 29, 2023
- Discretionary RAUM · $108M to $68.7MSep 20, 2022 to Mar 29, 2023
- HNW RAUM · $87.0M to $54.8MSep 20, 2022 to Mar 29, 2023
- Individual RAUM · $28.8M to $21.1MSep 20, 2022 to Mar 29, 2023
- Non-discretionary RAUM · $24.4M to $21.8MSep 20, 2022 to Mar 29, 2023
- Pension RAUM · $15.3M to $13.9MSep 20, 2022 to Mar 29, 2023
- RAUM · $132M to $90.6MSep 20, 2022 to Mar 29, 2023
- Other offices · 6 to 5May 18, 2022 to Jul 29, 2022
- Accounts · 218 to 398Jan 4, 2022 to Mar 17, 2022
- Advisory employees · 11 to 13Jan 4, 2022 to Mar 17, 2022
- BD registered reps · 11 to 13Jan 4, 2022 to Mar 17, 2022
- HNW clients · 56 to 55Jan 4, 2022 to Mar 17, 2022
- Individual clients · 98 to 112Jan 4, 2022 to Mar 17, 2022
- Employees · 12 to 13Jan 4, 2022 to Mar 17, 2022
- State-registered IARs · 11 to 12Jan 4, 2022 to Mar 17, 2022
- Discretionary RAUM · $93.1M to $108MJan 4, 2022 to Mar 17, 2022
Signals
8 dated events
- Kyle Patrick Webber no longer registered at E•••• W••••• M••••••••• L••; no later IA registration on IAPDDec 31, 2023 · a•••••• departure · fact
- E•••• W••••• M••••••••• L••'s advisors moved to Q••••• P••••••• I••••••••• M••••••••• (Saratoga Springs, NY): 5 of 8 registered, a day apartOct 24, 2023 · Firm absorbed (people side) · derived
- Joseph William Arena no longer registered at E•••• W••••• M••••••••• L••; no later IA registration on IAPDOct 11, 2023 · a•••••• departure · fact
- S••••• F• M•••••••• left E•••• W••••• M••••••••• L•• for W•••••• J••••• C•••••• M••••••••• I••• (registered 2022-10-27)Oct 25, 2022 · a•••••• firm change · fact
- Wendy-Sue Elliott (Chief Compliance Officer) no longer on Schedule A of E•••• W••••• M••••••••• L•• (listed 2022-05-18, absent 2022-07-29)Jul 29, 2022 · Control person left · inference
- Patrick Kyle Webber (Cco) appeared on Schedule A of E•••• W••••• M••••••••• L••Jul 29, 2022 · Control person joined · fact
- M•••••• J•••• L••••••• left E•••• W••••• M••••••••• L•• for V••••••• A•••••••• I••• (registered 2022-07-19)Jun 27, 2022 · a•••••• firm change · fact
- M•••••• L••••••• P•••• left E•••• W••••• M••••••••• L•• for G•••••• S•••• W••••• S•••••••• L••• (registered 2023-07-28)May 9, 2022 · a•••••• firm change · fact
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