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

Arin Risk Advisors LLC

Asset manager (funds and pooled vehicles)Conshohocken, PennsylvaniaCRD 151491SEC 801-70598websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Nov 15, 2011 · 34 filings
SEC status approved since Sep 15, 2009
RAUM
$10B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.1%
$12.2M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$2.5B
derived; firm RAUM over IAPD count
Employees
11
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$10B as of Mar 31, 2026
Mar 28, 2012$202M then
HNW client RAUM$12.2M as of Mar 31, 2026
Mar 30, 2018$6.8M then
State-registered IARs (5.B.3)5 as of Mar 31, 2026
Mar 12, 20134 then
Employees (5.A)11 as of Mar 31, 2026
Mar 12, 20136 then
Private funds1 as of Mar 31, 2026
Mar 12, 20132 then
RAUM +105% over the last fiscal year+209% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
$2.5BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$485MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.8derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+105%derivedbetween the last two annual amendments
Advisor growth, one year
+25%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed fees, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, selection of other advisers, otherreportedItem 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
  • Investment companies$10.0B98%
  • Other investment advisers$181M1.8%
  • Insurance companies$14.2M0.1%
  • High-net-worth individuals$12.2M0.1%
  • Pooled investment vehicles$1.4M0.0%
Individual clients
n/areported
HNW clients
5reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
21reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourly, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Joseph John DesipioCertified Financial Planner, Chartered Financial ConsultantSan Francisco, Ca Feb 9, 201040 y1
Lawrence Howard LempertConshohocken, PaAug 17, 201222 y1
Ryan Michael BaileyConshohocken, PaJan 29, 201321 y1
Benjamin Alfred SingerRancho Santa Fe, Ca Sep 22, 202511 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 headcount0 left over 36 months
Left, latest
Joined, latest
Private funds
2 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Vegaex, LPHedge Fund$2.6M7Mar 12, 2013
Caerus Volatility Arbitrage Fund, LPno longer reportedHedge Fund$00Mar 12, 2013
Owners and control persons
Schedule A and B, latest filing
  • John Joseph Desipio · Managercontrol
    since 08/2009 · owns less than 5%
  • Howard Lawrence Lempert · Chief Compliance Officercontrol
    since 10/2011 · owns less than 5%
  • John Joseph Desipio · Managing Membercontrol
    since 04/2010 · owns 25% to 50% of Arin Holdings LLC
  • Howard Lawrence Lempert · Managing Membercontrol
    since 01/2012 · owns 25% to 50% of Arin Holdings LLC
Entity owners
  • Arin Holdings LLC · 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
Conshohocken, Pa · principal410
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • RAUM up 50 %Change between filings · filing Mar 31, 2026
    RAUM (Item 5.F) moved from $4,974,237,788 to $10,186,153,552 (+105.0%) between the annual amendments of 2025-04-17 and 2026-03-31; the peer median change was +13.0% (631 comparable advisers, 96.0th percentile of changes)
    peers: asset managers, $5B to $20B (631) · 96% percentile
What changed
consecutive filings, newest first
  • Accounts · 16 to 21
    Sep 5, 2025 to Mar 31, 2026
  • Advisory employees · 4 to 5
    Sep 5, 2025 to Mar 31, 2026
  • HNW clients · 6 to 5
    Sep 5, 2025 to Mar 31, 2026
  • Employees · 10 to 11
    Sep 5, 2025 to Mar 31, 2026
  • Insurance-licensed employees · 3 to 1
    Sep 5, 2025 to Mar 31, 2026
  • State-registered IARs · 4 to 5
    Sep 5, 2025 to Mar 31, 2026
  • Discretionary RAUM · $5.0B to $10B
    Sep 5, 2025 to Mar 31, 2026
  • HNW RAUM · $13.4M to $12.2M
    Sep 5, 2025 to Mar 31, 2026
  • Pooled vehicle RAUM · $1.5M to $1.4M
    Sep 5, 2025 to Mar 31, 2026
  • RAUM · $5.0B to $10B
    Sep 5, 2025 to Mar 31, 2026
  • Related adviser · false to true
    Sep 5, 2025 to Mar 31, 2026
  • Financial planning clients · 0 to 0
    Jul 30, 2025 to Sep 5, 2025
  • Accounts · 13 to 16
    Oct 3, 2024 to Apr 17, 2025
  • Employees · 5 to 10
    Oct 3, 2024 to Apr 17, 2025
  • Discretionary RAUM · $988M to $5.0B
    Oct 3, 2024 to Apr 17, 2025
  • HNW RAUM · $8.8M to $13.4M
    Oct 3, 2024 to Apr 17, 2025
  • Pooled vehicle RAUM · $1.9M to $1.5M
    Oct 3, 2024 to Apr 17, 2025
  • RAUM · $988M to $5.0B
    Oct 3, 2024 to Apr 17, 2025
  • Accounts · 11 to 13
    Mar 31, 2023 to Mar 29, 2024
  • Advisory employees · 5 to 4
    Mar 31, 2023 to Mar 29, 2024
  • HNW clients · 4 to 6
    Mar 31, 2023 to Mar 29, 2024
  • Employees · 6 to 5
    Mar 31, 2023 to Mar 29, 2024
  • Insurance-licensed employees · 1 to 3
    Mar 31, 2023 to Mar 29, 2024
  • State-registered IARs · 5 to 4
    Mar 31, 2023 to Mar 29, 2024
  • Discretionary RAUM · $345M to $988M
    Mar 31, 2023 to Mar 29, 2024
  • HNW RAUM · $6.1M to $8.8M
    Mar 31, 2023 to Mar 29, 2024
  • Pooled vehicle RAUM · $2.6M to $1.9M
    Mar 31, 2023 to Mar 29, 2024
  • RAUM · $345M to $988M
    Mar 31, 2023 to Mar 29, 2024
  • Accounts · 17 to 11
    Oct 25, 2022 to Mar 31, 2023
  • HNW clients · 10 to 4
    Oct 25, 2022 to Mar 31, 2023
  • Discretionary RAUM · $287M to $345M
    Oct 25, 2022 to Mar 31, 2023
  • HNW RAUM · $7.9M to $6.1M
    Oct 25, 2022 to Mar 31, 2023
  • Pooled vehicle RAUM · $2.7M to $2.6M
    Oct 25, 2022 to Mar 31, 2023
  • RAUM · $287M to $345M
    Oct 25, 2022 to Mar 31, 2023
  • Accounts · 66 to 17
    Mar 30, 2021 to Mar 25, 2022
  • Discretionary RAUM · $215M to $287M
    Mar 30, 2021 to Mar 25, 2022
  • HNW RAUM · $43.0M to $7.9M
    Mar 30, 2021 to Mar 25, 2022
  • Pooled vehicle RAUM · $2.0M to $2.7M
    Mar 30, 2021 to Mar 25, 2022
  • RAUM · $215M to $287M
    Mar 30, 2021 to Mar 25, 2022
  • Accounts · 73 to 66
    Jun 24, 2020 to Mar 30, 2021
Signals
6 dated events
  • Arin Risk Advisors Llc reported RAUM $10.2B, up 105% from $5.0B (2025-09-05 to 2026-03-31)
    Mar 31, 2026 · RAUM change · derived
  • Arin Risk Advisors Llc reported RAUM $5.0B, up 404% from $987.8M (2024-10-03 to 2025-04-17)
    Apr 17, 2025 · RAUM change · derived
  • Arin Risk Advisors Llc reported RAUM $987.8M, up 186% from $345.3M (2023-03-31 to 2024-03-29)
    Mar 29, 2024 · RAUM change · derived
  • Jeffrey Cholish no longer registered at Arin Risk Advisors Llc; no later IA registration on IAPD
    Dec 21, 2022 · Advisor departure · fact
  • Arin Risk Advisors Llc reported RAUM $215.0M, down 56% from $485.0M (2020-06-24 to 2021-03-30)
    Mar 30, 2021 · RAUM change · derived
  • Arin Risk Advisors Llc reported RAUM $485.0M, up 285% from $126.0M (2019-04-01 to 2020-03-31)
    Mar 31, 2020 · 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/ARIN-RISK-ADVISORS-LLCreportedpublic record, Form ADV, Sep 17, 2026
Website
ARINLLC.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
610.822.3400reportedpublic record, Form ADV, Mar 31, 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
$2.5Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026