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

Vulcan Value Partners LLC

Other adviserBirmingham, AlabamaCRD 151190SEC 801-70739websiteIAPD
Latest filing Sep 15, 2026
First filing on the tape Mar 29, 2012 · 46 filings
SEC status approved since Nov 5, 2009
RAUM
$6.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
8.2%
$502M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$760M
derived; firm RAUM over IAPD count
Employees
38
12 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
46 filings and snapshots on the tape
RAUM$6.1B as of May 5, 2026
Mar 29, 2012$380M then
HNW client RAUM$502M as of May 5, 2026
Mar 22, 2018$1.9B then
State-registered IARs (5.B.3)10 as of May 5, 2026
Mar 28, 20135 then
Employees (5.A)38 as of May 5, 2026
Mar 28, 201315 then
Private funds4 as of May 5, 2026
Mar 30, 20214 then
RAUM -23% over the last fiscal year-9.1% a year over threeIARs 13 to 10
Practice profile
derived from the filing of Sep 15, 2026; every figure names its basis
RAUM per advisor
$760MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
12derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.4MderivedHNW RAUM over HNW clients
Average account
$38.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
44%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.8derivedItem 5.A over advisors
Advisors per office
8.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-23%derivedbetween the last two annual amendments
Advisor growth, one year
-23%derivedItem 5.B.3 between annual amendments
Client growth, one year
-63%derived
Compensation
percentage of assets, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$57.2M, 4 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Charitable organizations$1.8B30%
  • Other investment advisers$1.3B22%
  • Pooled investment vehicles$949M16%
  • Pension and profit-sharing plans$747M12%
  • High-net-worth individuals$502M8.2%
  • Investment companies$445M7.3%
  • Corporations and businesses$188M3.1%
  • State and municipal entities$95.6M1.6%
Individual clients
0reported
HNW clients
93reported
Pension plan clients
6reported
Charitable clients
35reported
Accounts
160reported
Financial planning clients
n/areported
Wrap fee programs
$0 sponsored, $19.2M managedreported
Custody of client assets
$57.2M for 4 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.08 fund_share=0.45 institutional_share=0.44 related_bd= related_bank= bd_reps=9.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Clement Tranum FitzpatrickChartered Financial AnalystBirmingham, AlJul 7, 201031 y0
Stephen Wilson SimmonsChartered Financial AnalystBirmingham, AlMar 21, 201428 y1
James Thomas KelleyBirmingham, AlJun 16, 202016 y0
Brad HeadleyChartered Financial AnalystBirmingham, AlFeb 25, 202210 y0
Taylor James ClineChartered Financial AnalystBirmingham, AlMar 17, 202210 y0
James Ashley MannBirmingham, AlAug 26, 202220 y3
Christopher Whiston PickulChartered Financial AnalystBirmingham, AlAug 25, 202315 y0
Madeline Janelle BlahnikBirmingham, AlFeb 11, 202610 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
Private funds
5 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Vvp All Cap Fund, LLCOther Private Fund$127M20Mar 30, 2021
Vvp Focus Fund, LLCOther Private Fund$26.6M20Mar 30, 2021
Opus I, LLCPrivate Equity Fund$17.2M27Mar 29, 2024
Vvp Enduring Advantage Global Fund, LLCOther Private Fund$6.1M7Mar 30, 2021
Vvp Enduring Advantage US Fund, LLCOther Private Fund$4.6M6Mar 30, 2021
Owners and control persons
Schedule A and B, latest filing
  • Swaim Richard Davis · Chief Financial Officer/Membercontrol
    since 12/2013 · owns 5% to 10%
  • Dickinson Mcgavock Dunbar · Director Of Research/ Membercontrol
    since 01/2014 · owns less than 5%
  • Tranum Clement Fitzpatrick · Chief Investment Officer, Membercontrol
    since 03/2007 · owns 25% to 50%
  • M. Anne Jones · Chief Operating Officer/Membercontrol
    since 01/2017 · owns less than 5%
  • Wilson Stephen Simmons · Analyst/Membercontrol
    since 01/2017 · owns 5% to 10%
  • Thomas Jeffrey Stdenis · Chief Executive Officer, Membercontrol
    since 01/2023 · owns less than 5%
  • Tranum Clement Fitzpatrick · Presidentcontrol
    since 12/2013 · owns 75% or more of Vulcan Management Inc
  • Taylor Joshua Jones · Chief Compliance Officer
    since 04/2023 · owns less than 5%
Entity owners
  • Vulcan Management Inc · Elected Manager
    direct · owns less than 5%
Related persons
Schedule D 7.A
  • Enduring Equity Holdings, LLC
    pooled vehicle sponsory
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Birmingham, Al · principal810
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • clients down average size upCombination · filing Mar 12, 2026
    private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $7,878,130,018 to $6,083,234,967, advisors 13 to 10, private clients 253 to 93, offices 0 to 0 (2025-01-02 to 2026-03-12)
    peers: other advisers, $5B to $20B (134)
  • account count collapseChange between filings · filing Mar 12, 2026
    accounts (Item 5.F.2.f) moved from 367.0 to 160.0 (-56.0%) between the annual amendments of 2025-01-02 and 2026-03-12; the peer median change was -2.0% (37 comparable advisers, 0.0th percentile of changes)
    peers: other advisers, $5B to $20B (37) · 0.0% percentile
  • client count collapseChange between filings · filing Mar 12, 2026
    individual and HNW clients (Item 5.D) moved from 253.0 to 93.0 (-63.0%) between the annual amendments of 2025-01-02 and 2026-03-12; the peer median change was -2.0% (24 comparable advisers, 0.0th percentile of changes)
    peers: other advisers, $5B to $20B (24) · 0.0% percentile
What changed
consecutive filings, newest first
  • Financial planning clients · to unset
    May 5, 2026 to Sep 1, 2026
  • Private funds · 4 to unset
    May 5, 2026 to Sep 1, 2026
  • Related adviser · false to unset
    May 5, 2026 to Sep 1, 2026
  • Related bank · false to unset
    May 5, 2026 to Sep 1, 2026
  • Related broker-dealer · false to unset
    May 5, 2026 to Sep 1, 2026
  • Related insurance company · false to unset
    May 5, 2026 to Sep 1, 2026
  • Succession · false to unset
    May 5, 2026 to Sep 1, 2026
  • Accounts · 312 to 160
    Jul 28, 2025 to Mar 12, 2026
  • Advisory employees · 16 to 12
    Jul 28, 2025 to Mar 12, 2026
  • BD registered reps · 10 to 9
    Jul 28, 2025 to Mar 12, 2026
  • Charity clients · 56 to 35
    Jul 28, 2025 to Mar 12, 2026
  • Corporate clients · 12 to 8
    Jul 28, 2025 to Mar 12, 2026
  • HNW clients · 216 to 93
    Jul 28, 2025 to Mar 12, 2026
  • Pension plan clients · 7 to 6
    Jul 28, 2025 to Mar 12, 2026
  • Pooled vehicle clients · 9 to 7
    Jul 28, 2025 to Mar 12, 2026
  • Assets in custody · $136M to $57.2M
    Jul 28, 2025 to Mar 12, 2026
  • Employees · 45 to 38
    Jul 28, 2025 to Mar 12, 2026
  • State-registered IARs · 12 to 10
    Jul 28, 2025 to Mar 12, 2026
  • Private funds · 5 to 4
    Jul 28, 2025 to Mar 12, 2026
  • Discretionary RAUM · $6.9B to $6.1B
    Jul 28, 2025 to Mar 12, 2026
  • HNW RAUM · $911M to $502M
    Jul 28, 2025 to Mar 12, 2026
  • Pension RAUM · $728M to $747M
    Jul 28, 2025 to Mar 12, 2026
  • Pooled vehicle RAUM · $942M to $949M
    Jul 28, 2025 to Mar 12, 2026
  • RAUM · $6.9B to $6.1B
    Jul 28, 2025 to Mar 12, 2026
  • Wrap assets (manager) · $263M to $19.2M
    Jul 28, 2025 to Mar 12, 2026
  • Financial planning clients · unset to
    Jun 6, 2025 to Jul 28, 2025
  • Accounts · 367 to 312
    Jan 2, 2025 to May 1, 2025
  • Advisory employees · 15 to 16
    Jan 2, 2025 to May 1, 2025
  • Charity clients · 69 to 56
    Jan 2, 2025 to May 1, 2025
  • Corporate clients · 11 to 12
    Jan 2, 2025 to May 1, 2025
  • HNW clients · 253 to 216
    Jan 2, 2025 to May 1, 2025
  • Pension plan clients · 13 to 7
    Jan 2, 2025 to May 1, 2025
  • Assets in custody · $182M to $136M
    Jan 2, 2025 to May 1, 2025
  • Employees · 42 to 45
    Jan 2, 2025 to May 1, 2025
  • State-registered IARs · 13 to 12
    Jan 2, 2025 to May 1, 2025
  • Discretionary RAUM · $7.9B to $6.9B
    Jan 2, 2025 to May 1, 2025
  • HNW RAUM · $1.0B to $911M
    Jan 2, 2025 to May 1, 2025
  • Pension RAUM · $988M to $728M
    Jan 2, 2025 to May 1, 2025
  • Pooled vehicle RAUM · $997M to $942M
    Jan 2, 2025 to May 1, 2025
  • RAUM · $7.9B to $6.9B
    Jan 2, 2025 to May 1, 2025
Signals
7 dated events
  • Gary Michael Wilson left Vulcan Value Partners Llc for Hardy Reed, Llc (registered 2025-08-04)
    Jul 29, 2024 · Advisor changed firm · fact
  • James Edward Andrew Loftin left Vulcan Value Partners Llc for Brookline Investments, Inc. (registered 2024-03-15)
    Jan 19, 2024 · Advisor changed firm · fact
  • Vulcan Value Partners Llc reported RAUM $8.1B, down 57% from $19.0B (2022-11-18 to 2023-03-24)
    Mar 24, 2023 · RAUM change · derived
  • Thomas Jeffrey Stdenis (Chief Executive Officer, Member) appeared on Schedule A of Vulcan Value Partners Llc
    Mar 24, 2023 · Control person joined · fact
  • Adam Gregory Mcclain (President/ Member) no longer on Schedule A of Vulcan Value Partners Llc (listed 2022-06-06, absent 2022-11-18)
    Nov 18, 2022 · Control person left · inference
  • Justin A Mayfield left Vulcan Value Partners Llc for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2022-11-08)
    Oct 27, 2022 · Advisor changed firm · fact
  • Bruce Robert Donnellan (Analyst/ Member) no longer on Schedule A of Vulcan Value Partners Llc (listed 2019-03-31, absent 2019-09-16)
    Sep 16, 2019 · Control person left · inference
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/vulcan-value-partnersreportedpublic record, Form ADV, Sep 18, 2026
Website
VULCANVALUEPARTNERS.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
205-803-1582reportedpublic record, Form ADV, Sep 15, 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
Other adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
$760Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026