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

Newsquare Capital, LLC

Independent wealth managerNewtown Square, PennsylvaniaCRD 152430SEC 801-70908websiteIAPD
Latest filing Feb 6, 2026
First filing on the tape Feb 7, 2012 · 36 filings
SEC status approved since Jan 11, 2010
RAUM
$2.4B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$2.3B individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$399M
derived; firm RAUM over IAPD count
Employees
21
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$2.4B as of Feb 6, 2026
Feb 7, 2012$133M then
HNW client RAUM$1.4B as of Feb 6, 2026
Mar 29, 2018$309M then
State-registered IARs (5.B.3)5 as of Feb 6, 2026
Mar 5, 201325 then
Employees (5.A)21 as of Feb 6, 2026
Mar 5, 201340 then
Private funds: no history
RAUM +24% over the last fiscal year+26% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Feb 6, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$399MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
351derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.9MderivedHNW RAUM over HNW clients
Average account
$574,074derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.5derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+24%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.9%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
Wrap fee program
$2.4BreportedItem 5.I
Custody
$888M, 1,186 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.4B59%
  • Individuals$911M38%
  • Pension and profit-sharing plans$37.1M1.5%
  • Corporations and businesses$22.6M0.9%
  • Charitable organizations$10.1M0.4%
Individual clients
1,900reported
HNW clients
205reported
Pension plan clients
40reported
Charitable clients
21reported
Accounts
4,168reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$888M for 1,186 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Ryan L KirkChartered Financial AnalystFort Washington, Pa Feb 15, 201617 y3
Miguel L BiamonNewtown Square, PaAug 3, 201828 y2
Timothy Andrew ChisholmNewtown Square, PaNov 8, 201828 y4
Lee Scott GroutChartered Financial AnalystNewtown Square, PaFeb 24, 202631 y1
Tyler Andrew PuglieseNewtown Square, PaMar 2, 202611 y0
Robert Kenneth KuberskiNewtown Square, PaAug 3, 202628 y6
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Lynn Christy Hart · Director Of Operationscontrol
      since 04/2017 · owns less than 5%
    • L Ryan Kirk · President / Head Of Portfolio Managementcontrol
      since 04/2017 · owns less than 5%
    • Vincent Joseph Naselli · Membercontrol
      since 01/2016 · owns 50% to 75%
    • Samuel Joseph Rizzello · Chief Executive Officercontrol
      since 04/2017 · owns less than 5%
    • Garry Matthew Wilson · Chief Compliance Officercontrol
      since 04/2016 · owns less than 5%
    • Claire Daniels · Trusteecontrol
      since 12/2016 · owns 25% to 50% of The Eleanor Mae Daniels Trust
    • Earl Gary Daniels · Trusteecontrol
      since 11/2015 · owns 25% to 50% of The Eleanor Mae Daniels Trust
    • Hart Jesse Daniels · Trusteecontrol
      since 11/2015 · owns 25% to 50% of The Eleanor Mae Daniels Trust
    Entity owners
    • The Eleanor Mae Daniels Trust · Member
      direct · owns 50% to 75%
    Related persons
    Schedule D 7.A
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Newtown Square, Pa · principal630
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    4 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing Feb 6, 2026
      DANIELS, JESSE, HART (TRUSTEE) left Schedule A between the filings of 2018-03-29 and 2026-02-06
      peers: independent wealth managers, $1B to $5B (1,360)
    • control person changedChange between filings · filing Feb 6, 2026
      Daniels, Claire (TRUSTEE) left Schedule A between the filings of 2018-03-29 and 2026-02-06
      peers: independent wealth managers, $1B to $5B (1,360)
    • control person changedChange between filings · filing Feb 6, 2026
      DANIELS, GARY, EARL (TRUSTEE) left Schedule A between the filings of 2018-03-29 and 2026-02-06
      peers: independent wealth managers, $1B to $5B (1,360)
    • business activity changedChange between filings · filing Feb 6, 2026
      financial planning (Item 5.G.1): no on the filing of 2025-03-28, yes on the filing of 2026-02-06
      peers: independent wealth managers, $1B to $5B (1,360)
    What changed
    consecutive filings, newest first
    • Accounts · 3,752 to 4,168
      Mar 28, 2025 to Feb 6, 2026
    • Charity clients · 23 to 21
      Mar 28, 2025 to Feb 6, 2026
    • Corporate clients · 31 to 30
      Mar 28, 2025 to Feb 6, 2026
    • HNW clients · 170 to 205
      Mar 28, 2025 to Feb 6, 2026
    • Individual clients · 1,896 to 1,900
      Mar 28, 2025 to Feb 6, 2026
    • Pension plan clients · 43 to 40
      Mar 28, 2025 to Feb 6, 2026
    • Assets in custody · $813M to $888M
      Mar 28, 2025 to Feb 6, 2026
    • Insurance-licensed employees · 4 to 3
      Mar 28, 2025 to Feb 6, 2026
    • Discretionary RAUM · $1.9B to $2.4B
      Mar 28, 2025 to Feb 6, 2026
    • HNW RAUM · $1.1B to $1.4B
      Mar 28, 2025 to Feb 6, 2026
    • Individual RAUM · $813M to $911M
      Mar 28, 2025 to Feb 6, 2026
    • Pension RAUM · $28.0M to $37.1M
      Mar 28, 2025 to Feb 6, 2026
    • RAUM · $1.9B to $2.4B
      Mar 28, 2025 to Feb 6, 2026
    • Wrap assets (manager) · $4.5M to $0
      Mar 28, 2025 to Feb 6, 2026
    • Accounts · 3,636 to 3,752
      Sep 10, 2024 to Mar 28, 2025
    • Advisory employees · 5 to 6
      Sep 10, 2024 to Mar 28, 2025
    • Charity clients · 22 to 23
      Sep 10, 2024 to Mar 28, 2025
    • Corporate clients · 35 to 31
      Sep 10, 2024 to Mar 28, 2025
    • HNW clients · 147 to 170
      Sep 10, 2024 to Mar 28, 2025
    • Individual clients · 1,792 to 1,896
      Sep 10, 2024 to Mar 28, 2025
    • Pension plan clients · 45 to 43
      Sep 10, 2024 to Mar 28, 2025
    • Assets in custody · $453M to $813M
      Sep 10, 2024 to Mar 28, 2025
    • Employees · 17 to 21
      Sep 10, 2024 to Mar 28, 2025
    • Financial planning clients · 0 to 0
      Sep 10, 2024 to Mar 28, 2025
    • State-registered IARs · 6 to 5
      Sep 10, 2024 to Mar 28, 2025
    • Discretionary RAUM · $1.6B to $1.9B
      Sep 10, 2024 to Mar 28, 2025
    • HNW RAUM · $734M to $1.1B
      Sep 10, 2024 to Mar 28, 2025
    • Individual RAUM · $757M to $813M
      Sep 10, 2024 to Mar 28, 2025
    • Pension RAUM · $26.6M to $28.0M
      Sep 10, 2024 to Mar 28, 2025
    • RAUM · $1.6B to $1.9B
      Sep 10, 2024 to Mar 28, 2025
    • Wrap assets (manager) · $1.4M to $4.5M
      Sep 10, 2024 to Mar 28, 2025
    • Accounts · 3,230 to 3,636
      Aug 2, 2023 to Mar 28, 2024
    • BD registered reps · 3 to 2
      Aug 2, 2023 to Mar 28, 2024
    • Charity clients · 17 to 22
      Aug 2, 2023 to Mar 28, 2024
    • Corporate clients · 36 to 35
      Aug 2, 2023 to Mar 28, 2024
    • HNW clients · 144 to 147
      Aug 2, 2023 to Mar 28, 2024
    • Individual clients · 1,574 to 1,792
      Aug 2, 2023 to Mar 28, 2024
    • Pension plan clients · 59 to 45
      Aug 2, 2023 to Mar 28, 2024
    • Assets in custody · $326M to $453M
      Aug 2, 2023 to Mar 28, 2024
    • Employees · 16 to 17
      Aug 2, 2023 to Mar 28, 2024
    Signals
    3 dated events
    • Newsquare Capital, Llc reported RAUM $1.6B, up 31% from $1.2B (2023-08-02 to 2024-03-28)
      Mar 28, 2024 · RAUM change · derived
    • Newsquare Capital, Llc reported RAUM $1.2B, up 30% from $919.6M (2021-03-29 to 2022-03-29)
      Mar 29, 2022 · RAUM change · derived
    • Newsquare Capital, Llc reported RAUM $778.6M, up 29% from $601.8M (2019-10-30 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
    Business email
    info@newsquarecapital.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    610-325-5909reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    877-313-1343reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    linkedin.com/company/newsquare-capitalreportedpublic record, Form ADV, Sep 17, 2026
    Website
    NEWSQUARECAPITAL.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    610-325-6117reportedpublic record, Form ADV, Feb 6, 2026
    Contact form
    newsquarecapital.com/contact-usreportedpublished by the firm, firm site, Sep 16, 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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $399Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026