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.

Former SEC-registered adviser

Hedgemark Institutional Consultants, LLC

Former SEC-registered adviserNew York, New YorkCRD 151530SEC 801-70641IAPD
Latest filing Apr 24, 2012
First filing on the tape Nov 14, 2011 · 6 filings
RAUM
n/a
reported, Item 5.F
Discretionary
n/a
of RAUM
Private clients
n/a
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
n/a
n/a advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
0
reported on Schedule D
History
6 filings and snapshots on the tape
RAUM$0 as of Mar 1, 2012
Nov 14, 2011$1.1B then
HNW client RAUM: no history
State-registered IARs (5.B.3): no history
Employees (5.A): no history
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Apr 24, 2012; 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
unknownderivedRAUM over accounts (5.F.2.f)
Discretionary
unknownderivedof RAUM
Institutional
unknownderivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
otherreportedItem 5.E
Advisory activities
selection of other advisersreportedItem 5.G
Ownership
a bank, bancorp or trust company is a 50 percent or greater ownerderived
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
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
n/areported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
n/areported
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
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Joseph Bergman · Chief Compliance Officercontrol
        since 03/2012 · owns less than 5%
      • Stephen Kenneth Phillips · Chief Executive Officercontrol
        since 08/2009 · owns less than 5%
      • Stephen Kenneth Phillips · Partnercontrol
        since 11/2009 · owns 50% to 75% of Hedgemark Holdings, LP
      • Stephen Kenneth Phillips · Managing Membercontrol
        since 06/2009 · owns F of Hedgemark Management Group, LLC
      Entity owners
      • Hedgemark International, LLC · Managing Member
        direct · owns 75% or more
      • Hedgemark Holdings, LP · Member
        indirect · owns 75% or more of Hedgemark International, LLC
      • Hedgemark Management Group, LLC · Managing Member
        indirect · owns F of Hedgemark International, LLC
      • Hedgemark Management Group, LLC · General Partner
        indirect · owns F of Hedgemark Holdings, LP
      • Pas Holdings LLC · Member
        indirect · owns 25% to 50% of Hedgemark International, LLC
      • Pershing Group LLC · Member
        indirect · owns 75% or more of Pas Holdings LLC
      • The Bank Of New York Mellon Corporation · Member
        indirect · owns 75% or more of Pershing Group LLC · public reporting company
      Related persons
      Schedule D 7.A
      • Acn 003 231 829 Limited
        broker-dealern
      • Benefit Street Partners Limited
        investment adviserpooled vehicle sponsornRAUM $23B
      • Alcentra Management (Ireland) Limited
        investment advisern
      • Bsp Ny LLC
        investment adviserpooled vehicle sponsornRAUM $14B
      • Bny Mellon Administracao De Ativos Ltda.
        investment advisern
      • Bny Mellon Alocacao De Patrimonio Ltda
        investment advisern
      • Bny Mellon Am Korea Limited
        investment advisern
      • Arx Investimentos Ltda
        investment adviserbanknRAUM $1.9B
      • Bny Mellon Asset Management (Uk) Limited
        investment advisern
      • Bny Mellon Asset Management Australia Limited
        broker-dealerinvestment adviserpooled vehicle sponsorn
      • Bny Mellon Asset Management Canada Limited
        broker-dealerinvestment adviserpooled vehicle sponsorn
      • Bny Mellon Asset Management Hong Kong Limited
        broker-dealerinvestment advisern
      • Bny Mellon Asset Management Japan Limited
        investment advisern
      • Bny Mellon Capital Markets Emea Limited
        broker-dealerinvestment adviserbankn
      • Bny Mellon Capital Markets, LLC
        broker-dealern
      • Bny Mellon Fund Managers Limited
        investment adviserpooled vehicle sponsorn
      • Bny Mellon Global Management Limited
        investment adviserpooled vehicle sponsorn
      • Bny Mellon International Asset Management Group Limited
        broker-dealerinvestment adviserpooled vehicle sponsorn
      • Bny Mellon International Management Limited
        investment adviserpooled vehicle sponsorn
      • Bny Mellon National Association
        investment advisern
      • Bny Mellon Servicos Financeiros Distribuidora De Titulos E Valores Mobiliarios (Dtvm) S.A.
        broker-dealerinvestment advisern
      • Bny Mellon Trust Company Of Illinois
        n
      • Bny Mellon Trust Of Delaware
        investment advisern
      • Bny Mellon Western Fund Management Co., Ltd.
        investment adviserpooled vehicle sponsorn
      • Cibc Mellon Global Securities Services Company
        n
      • Cibc Mellon Trust Company
        n
      • Convergex Execution Solutions LLC
        broker-dealerinvestment adviserbankn
      • Convergex Global Markets Limited
        broker-dealern
      • Convergex Limited
        broker-dealern
      • Convergex Prime Services LLC
        broker-dealern
      Advisers that list Hedgemark Institutional Consultants, LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 0.0 to unset
        Mar 1, 2012 to Mar 30, 2012
      • Financial planning clients · 0 to unset
        Mar 1, 2012 to Mar 30, 2012
      • Discretionary RAUM · 0.0 to unset
        Mar 1, 2012 to Mar 30, 2012
      • Non-discretionary RAUM · 0.0 to unset
        Mar 1, 2012 to Mar 30, 2012
      • RAUM · 0.0 to unset
        Mar 1, 2012 to Mar 30, 2012
      • Related bank · false to true
        Mar 1, 2012 to Mar 30, 2012
      • Accounts · 1 to 0
        Dec 23, 2011 to Mar 1, 2012
      • Insurance-licensed employees · unset to 0.0
        Dec 23, 2011 to Mar 1, 2012
      • Financial planning clients · unset to 0
        Dec 23, 2011 to Mar 1, 2012
      • Non-discretionary RAUM · $1.1B to $0
        Dec 23, 2011 to Mar 1, 2012
      • RAUM · $1.1B to $0
        Dec 23, 2011 to Mar 1, 2012
      Signals
      No event on the tape.
      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