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

Exchange Traded Concepts, LLC

Asset manager (funds and pooled vehicles)Oklahoma City, OklahomaCRD 151197SEC 801-70485websiteIAPD
Latest filing Feb 11, 2026
First filing on the tape Mar 30, 2012 · 42 filings
SEC status approved since Aug 18, 2009
RAUM
$23B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
16
13 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$23B as of Feb 11, 2026
Mar 30, 2012$9.3M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Feb 11, 2026
Mar 30, 20120 then
Employees (5.A)16 as of Feb 11, 2026
Mar 28, 20135 then
Private funds1 as of Mar 29, 2022
Mar 29, 20211 then
RAUM +126% over the last fiscal year+59% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Feb 11, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$177MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+126%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for investment companies, 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
  • 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
  • Investment companies$23B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
130reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=2.0derived
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Robert Richard Hogan · Officercontrol
        since 07/2011 · owns less than 5%
      • Paul Dennis Lowenfels · Chief Compliance Officercontrol
        since 05/2018 · owns less than 5%
      • Richard Malinowski · General Counselcontrol
        since 08/2022 · owns less than 5%
      • Paul Andrew Serowik · Officercontrol
        since 01/2024 · owns less than 5%
      • Garrett James Stevens · Chief Executive Officercontrol
        since 07/2009 · owns 10% to 25%
      • Kyle Randal Taylor · Chief Financial Officercontrol
        since 04/2023 · owns less than 5%
      • Robert Richard Hogan · Ownercontrol
        since 01/2011 · owns 75% or more of Richard Hogan Revocable Trust
      • Alan Todd Stuart · Trusteecontrol
        since 06/2019 · owns F of Richard Hogan 2001 Gst Trust
      Entity owners
      • Cottonwood Etf Holdings, LLC · Member
        direct · owns 50% to 75%
      • Richard Hogan 2001 Gst Trust · Owner
        indirect · owns 25% to 50% of Cottonwood Etf Holdings, LLC
      • Richard Hogan Revocable Trust · Owner
        indirect · owns 25% to 50% of Cottonwood Etf Holdings, LLC
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY9 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM up 50 %Change between filings · filing Feb 11, 2026
        RAUM (Item 5.F) moved from $10,174,416,057 to $22,952,324,758 (+126.0%) between the annual amendments of 2025-03-04 and 2026-02-11; the peer median change was +15.0% (471 comparable advisers, 99.0th percentile of changes)
        peers: asset managers, $20B and over (471) · 99% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 84 to 130
        Sep 26, 2025 to Feb 11, 2026
      • Advisory employees · 14 to 13
        Sep 26, 2025 to Feb 11, 2026
      • BD registered reps · 3 to 2
        Sep 26, 2025 to Feb 11, 2026
      • Employees · 17 to 16
        Sep 26, 2025 to Feb 11, 2026
      • Discretionary RAUM · $10B to $23B
        Sep 26, 2025 to Feb 11, 2026
      • RAUM · $10B to $23B
        Sep 26, 2025 to Feb 11, 2026
      • Accounts · 57 to 84
        Mar 4, 2024 to Mar 4, 2025
      • Advisory employees · 12 to 14
        Mar 4, 2024 to Mar 4, 2025
      • Employees · 15 to 17
        Mar 4, 2024 to Mar 4, 2025
      • Financial planning clients · unset to
        Mar 4, 2024 to Mar 4, 2025
      • Discretionary RAUM · $5.5B to $10B
        Mar 4, 2024 to Mar 4, 2025
      • RAUM · $5.5B to $10B
        Mar 4, 2024 to Mar 4, 2025
      • Accounts · 61 to 57
        Apr 19, 2023 to Mar 4, 2024
      • Advisory employees · 9 to 12
        Apr 19, 2023 to Mar 4, 2024
      • Advisory activities · 3 to 2
        Apr 19, 2023 to Mar 4, 2024
      • Pooled vehicle clients · 1.0 to unset
        Apr 19, 2023 to Mar 4, 2024
      • Employees · 9 to 15
        Apr 19, 2023 to Mar 4, 2024
      • Discretionary RAUM · $5.7B to $5.5B
        Apr 19, 2023 to Mar 4, 2024
      • Pooled vehicle RAUM · 63773000.0 to unset
        Apr 19, 2023 to Mar 4, 2024
      • RAUM · $5.7B to $5.5B
        Apr 19, 2023 to Mar 4, 2024
      • Accounts · 55 to 61
        Aug 19, 2022 to Mar 27, 2023
      • Advisory employees · 18 to 9
        Aug 19, 2022 to Mar 27, 2023
      • Pooled vehicle clients · 2 to 1
        Aug 19, 2022 to Mar 27, 2023
      • Employees · 21 to 9
        Aug 19, 2022 to Mar 27, 2023
      • Private funds · 1 to unset
        Aug 19, 2022 to Mar 27, 2023
      • Discretionary RAUM · $8.6B to $5.7B
        Aug 19, 2022 to Mar 27, 2023
      • Pooled vehicle RAUM · $105M to $63.8M
        Aug 19, 2022 to Mar 27, 2023
      • RAUM · $8.6B to $5.7B
        Aug 19, 2022 to Mar 27, 2023
      • Accounts · 38 to 55
        Nov 11, 2021 to Mar 29, 2022
      • Advisory employees · 14 to 18
        Nov 11, 2021 to Mar 29, 2022
      • BD registered reps · 4 to 3
        Nov 11, 2021 to Mar 29, 2022
      • Employees · 17 to 21
        Nov 11, 2021 to Mar 29, 2022
      • Discretionary RAUM · $7.3B to $8.6B
        Nov 11, 2021 to Mar 29, 2022
      • Pooled vehicle RAUM · $91.4M to $105M
        Nov 11, 2021 to Mar 29, 2022
      • RAUM · $7.3B to $8.6B
        Nov 11, 2021 to Mar 29, 2022
      • Accounts · 26 to 38
        Jul 29, 2020 to Mar 29, 2021
      • Advisory employees · 13 to 14
        Jul 29, 2020 to Mar 29, 2021
      • Advisory activities · 2 to 3
        Jul 29, 2020 to Mar 29, 2021
      • BD registered reps · 2 to 4
        Jul 29, 2020 to Mar 29, 2021
      • Pooled vehicle clients · 1 to 2
        Jul 29, 2020 to Mar 29, 2021
      Signals
      17 dated events
      • Exchange Traded Concepts, Llc reported RAUM $23.0B, up 126% from $10.2B (2025-09-26 to 2026-02-11)
        Feb 11, 2026 · RAUM change · derived
      • Exchange Traded Concepts, Llc reported RAUM $10.2B, up 85% from $5.5B (2024-03-04 to 2025-03-04)
        Mar 4, 2025 · RAUM change · derived
      • Johnston James Baker (Officer) no longer on Schedule A of Exchange Traded Concepts, Llc (listed 2023-04-19, absent 2024-03-04)
        Mar 4, 2024 · Control person left · inference
      • Paul Andrew Serowik (Officer) appeared on Schedule A of Exchange Traded Concepts, Llc
        Mar 4, 2024 · Control person joined · fact
      • Wesley David Mills (Chief Financial Officer) no longer on Schedule A of Exchange Traded Concepts, Llc (listed 2023-03-27, absent 2023-04-19)
        Apr 19, 2023 · Control person left · inference
      • Kyle Randal Taylor (Chief Financial Officer) appeared on Schedule A of Exchange Traded Concepts, Llc
        Apr 19, 2023 · Control person joined · fact
      • Exchange Traded Concepts, Llc reported RAUM $5.7B, down 34% from $8.6B (2022-08-19 to 2023-03-27)
        Mar 27, 2023 · RAUM change · derived
      • Richard Malinowski (General Counsel) appeared on Schedule A of Exchange Traded Concepts, Llc
        Aug 19, 2022 · Control person joined · fact
      • Law Robert Griffith (General Counsel) no longer on Schedule A of Exchange Traded Concepts, Llc (listed 2022-03-29, absent 2022-08-19)
        Aug 19, 2022 · Control person left · inference
      • Law Robert Griffith (General Counsel) appeared on Schedule A of Exchange Traded Concepts, Llc
        Mar 29, 2022 · Control person joined · fact
      • Lynn Abigail Bertumen (General Counsel) no longer on Schedule A of Exchange Traded Concepts, Llc (listed 2021-06-24, absent 2021-07-28)
        Jul 28, 2021 · Control person left · inference
      • Exchange Traded Concepts, Llc reported RAUM $7.3B, up 142% from $3.0B (2020-07-29 to 2021-03-29)
        Mar 29, 2021 · RAUM change · derived
      • Exchange Traded Concepts, Llc reported RAUM $3.0B, up 28% from $2.4B (2020-03-24 to 2020-07-29)
        Jul 29, 2020 · RAUM change · derived
      • Exchange Traded Concepts, Llc reported RAUM $2.4B, down 45% from $4.3B (2020-02-13 to 2020-03-24)
        Mar 24, 2020 · RAUM change · derived
      • Alan Todd Stuart (Trustee) appeared on Schedule A of Exchange Traded Concepts, Llc
        Mar 24, 2020 · Control person joined · fact
      • Ann Maureen Sherry (Trustee) no longer on Schedule A of Exchange Traded Concepts, Llc (listed 2020-02-13, absent 2020-03-24)
        Mar 24, 2020 · Control person left · inference
      • Exchange Traded Concepts, Llc reported RAUM $5.5B, up 146% from $2.2B (2017-11-16 to 2018-03-30)
        Mar 30, 2018 · RAUM 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
      Firm profile
      linkedin.com/company/exchange-traded-concepts/aboutreportedpublic record, Form ADV, Sep 17, 2026
      Website
      EXCHANGETRADEDCONCEPTS.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      405-778-8377reportedpublic record, Form ADV, Feb 11, 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
      Asset manager (funds and pooled vehicles)deriveda 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