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.

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Former SEC-registered adviser

S••••••• F•••••••• S•••••••• I•••

Former SEC-registered adviserSt Paul, MinnesotaCRD 15296SEC 801-45152IAPD
Latest filing Mar 22, 2023
First filing on the tape Nov 18, 2011 · 94 filings
RAUM
$21B
reported, Item 5.F
Discretionary
32%
of RAUM
Private clients
95%
$20B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1,750
1,052 advisory (5.B.1)
Offices
155
beyond the principal office
Private funds
0
reported on Schedule D
History
94 filings and snapshots on the tape
RAUM$21B as of Mar 22, 2023
Mar 27, 2012$3.7B then
HNW client RAUM$11B as of Mar 22, 2023
Mar 27, 2018$4.2B then
State-registered IARs (5.B.3)1,052 as of Mar 22, 2023
Mar 27, 2013773 then
Employees (5.A)1,750 as of Mar 22, 2023
Mar 27, 20131,509 then
Private funds: no history
RAUM -6.9% over the last fiscal year+19% a year over threeIARs 1,111 to 1,052offices 167 to 155
Practice profile
derived from the filing of Mar 22, 2023; every figure names its basis
RAUM per advisor
$19.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
72derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$798,895derivedHNW RAUM over HNW clients
Average account
$271,900derivedRAUM over accounts (5.F.2.f)
Discretionary
32%derivedof RAUM
Institutional
2.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
6.7derived156 offices incl. principal (1.F.5)
RAUM growth, one year
-6.9%derivedbetween the last two annual amendments
Advisor growth, one year
-5.3%derivedItem 5.B.3 between annual amendments
Client growth, one year
+9.8%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminarsreportedItem 5.G
Financial planning clients
6,500reportedItem 5.H
Wrap fee program
$15BreportedItem 5.I
Custody
$4.9B, 11,468 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
  • is a broker-dealer (6.A.1)
  • is an insurance broker or agent (6.A.6)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • a related person acts as qualified custodian (9.D.2)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$11B53%
  • Individuals$8.8B43%
  • Corporations and businesses$491M2.4%
  • Pension and profit-sharing plans$290M1.4%
  • Charitable organizations$174M0.8%
  • State and municipal entities$13.2M0.1%
Individual clients
61,611reported
HNW clients
13,670reported
Pension plan clients
1,204reported
Charitable clients
165reported
Accounts
76,075reported
Financial planning clients
6,500reported
Wrap fee programs
$14B sponsored, $0 managedreported
Custody of client assets
$4.9B for 11,468 clientsreported
Compensation
% of AUM, fixed, hourlyreported
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
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
  • C••••••••• K••••••• K•• · Executive Vice President, Chief Compliance Officer & Anti-Money Laundering Compliance Officercontrol
    since 06/2017 · owns less than 5%
  • C•••••••• G••••• I••••••• · Ceo, Member Of Board Of Directorscontrol
    since 10/1996 · owns less than 5%
  • C••••• T•••••• L•••• · Vice Presidentcontrol
    since 05/2020 · owns less than 5%
  • F•••••••• K•••••• M••• · Vice President, Chief Financial Officer, Treasurer & Finopcontrol
    since 04/2018 · owns less than 5%
  • G••••••••• G••• A••• · Vice Presidentcontrol
    since 05/2020 · owns less than 5%
  • M••••••• J•••••• D••••• · Vice Presidentcontrol
    since 01/2015 · owns less than 5%
  • S••••••• L••• L••• · Vice Presidentcontrol
    since 05/2020 · owns less than 5%
  • Z••••••• K••••••• G••••• · President, P•••••••• Operations Officer - Finopcontrol
    since 12/2021 · owns less than 5%
  • M••••• R•••• D••••• · Member Of Board Of Directors
    since 11/2021 · owns less than 5%
  • O•••••• K••• S•• · Secretary
    since 06/2017 · owns less than 5%
  • Z••••••• W••••• J••• · Member Of Board Of Directors
    since 05/2005 · owns less than 5%
Entity owners
  • S••••••• F•••••••• G••••• I••• · 100% Shareholder
    direct · owns 75% or more
  • M•••••••• M••••• C••••••••• I••• · 100% Shareholder
    indirect · owns 75% or more of S••••••• H•••••• C••••••
  • S••••••• H•••••• C•••••• · 100% Shareholder
    indirect · owns 75% or more of S••••••• F•••••••• G••••• I•••
Related persons
Schedule D 7.A
Advisers that list S••••••• F•••••••• S•••••••• I••• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
St P•••, Mn · principal000
Offices
Schedule D 1.F, the 25 largest
  • St Louis, MO85 employees
  • Minneapolis, MN64 employees
  • Omaha, NE42 employees
  • Midlothian, VA40 employees
  • Newark, DE32 employees
  • Parsippany, NJ27 employees
  • Germantown, TN26 employees
  • Newport Beach, CA26 employees
  • Phoenix, AZ26 employees
  • San Ramon, CA21 employees
  • Houston, TX21 employees
  • Minnetonka, MN18 employees
  • Overland P•••, KS17 employees
  • Southfield, MI16 employees
  • D••••• Island, SC15 employees
  • Wall, NJ15 employees
  • U••••Dale, NY14 employees
  • Braintree, MA14 employees
  • Madison, WI14 employees
  • Maitland, FL12 employees
  • Rockville, MD12 employees
  • Mandan, ND11 employees
  • Jacksonville, FL11 employees
  • Milwaukee, WI11 employees
  • Manasquan, NJ10 employees
What changed
consecutive filings, newest first
  • Accounts · 66,500 to 76,075
    Jan 10, 2023 to Mar 22, 2023
  • Advisory employees · 1,111 to 1,052
    Jan 10, 2023 to Mar 22, 2023
  • BD registered reps · 1,132 to 993
    Jan 10, 2023 to Mar 22, 2023
  • Charity clients · 139 to 165
    Jan 10, 2023 to Mar 22, 2023
  • Corporate clients · 510 to 584
    Jan 10, 2023 to Mar 22, 2023
  • HNW clients · 13,079 to 13,670
    Jan 10, 2023 to Mar 22, 2023
  • Individual clients · 55,490 to 61,611
    Jan 10, 2023 to Mar 22, 2023
  • Pension plan clients · 1,063 to 1,204
    Jan 10, 2023 to Mar 22, 2023
  • Assets in custody · $5.3B to $4.9B
    Jan 10, 2023 to Mar 22, 2023
  • Employees · 1,613 to 1,750
    Jan 10, 2023 to Mar 22, 2023
  • State-registered IARs · 1,111 to 1,052
    Jan 10, 2023 to Mar 22, 2023
  • Other offices · 167 to 155
    Jan 10, 2023 to Mar 22, 2023
  • Discretionary RAUM · $6.7B to $6.7B
    Jan 10, 2023 to Mar 22, 2023
  • HNW RAUM · $12B to $11B
    Jan 10, 2023 to Mar 22, 2023
  • Individual RAUM · $9.0B to $8.8B
    Jan 10, 2023 to Mar 22, 2023
  • Non-discretionary RAUM · $16B to $14B
    Jan 10, 2023 to Mar 22, 2023
  • Pension RAUM · $350M to $290M
    Jan 10, 2023 to Mar 22, 2023
  • RAUM · $22B to $21B
    Jan 10, 2023 to Mar 22, 2023
  • Wrap assets (sponsor) · $15B to $14B
    Jan 10, 2023 to Mar 22, 2023
  • Accounts · 50,612 to 66,500
    Feb 28, 2022 to Mar 23, 2022
  • Advisory employees · 1,092 to 1,111
    Feb 28, 2022 to Mar 23, 2022
  • BD registered reps · 1,122 to 1,132
    Feb 28, 2022 to Mar 23, 2022
  • Charity clients · 130 to 139
    Feb 28, 2022 to Mar 23, 2022
  • Corporate clients · 410 to 510
    Feb 28, 2022 to Mar 23, 2022
  • HNW clients · 9,294 to 13,079
    Feb 28, 2022 to Mar 23, 2022
  • Individual clients · 45,389 to 55,490
    Feb 28, 2022 to Mar 23, 2022
  • Pension plan clients · 982 to 1,063
    Feb 28, 2022 to Mar 23, 2022
  • Assets in custody · $3.9B to $5.3B
    Feb 28, 2022 to Mar 23, 2022
  • Employees · 1,650 to 1,613
    Feb 28, 2022 to Mar 23, 2022
  • Insurance-licensed employees · 188 to 0
    Feb 28, 2022 to Mar 23, 2022
  • State-registered IARs · 1,076 to 1,111
    Feb 28, 2022 to Mar 23, 2022
  • Other offices · 166 to 167
    Feb 28, 2022 to Mar 23, 2022
  • Discretionary RAUM · $3.7B to $6.7B
    Feb 28, 2022 to Mar 23, 2022
  • HNW RAUM · $7.7B to $12B
    Feb 28, 2022 to Mar 23, 2022
  • Individual RAUM · $6.9B to $9.0B
    Feb 28, 2022 to Mar 23, 2022
  • Non-discretionary RAUM · $12B to $16B
    Feb 28, 2022 to Mar 23, 2022
  • Pension RAUM · $277M to $350M
    Feb 28, 2022 to Mar 23, 2022
  • RAUM · $15B to $22B
    Feb 28, 2022 to Mar 23, 2022
  • Related broker-dealer · true to false
    Feb 28, 2022 to Mar 23, 2022
  • Wrap assets (manager) · $21.9M to $0
    Feb 28, 2022 to Mar 23, 2022
Signals
60 dated events
  • S•••••• R••• S•••••• left S••••••• F•••••••• S•••••••• I••• for C••••• I••••••••• A••••••• L•• (registered 2023-08-10)
    Jan 26, 2024 · a•••••• firm change · fact
  • A•••••• J••• G••••••••• left S••••••• F•••••••• S•••••••• I••• for L•• F•••••••• L•• (registered 2023-08-01)
    Aug 11, 2023 · a•••••• firm change · fact
  • E••••• S••••• M••••• left S••••••• F•••••••• S•••••••• I••• for G••••••• A•••••••• L•• (registered 2023-09-21)
    Aug 11, 2023 · a•••••• firm change · fact
  • J•••• C•••••••• S••••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2014-01-07)
    Aug 10, 2023 · a•••••• firm change · fact
  • J••• R••••••• L•••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2013-12-23)
    Aug 10, 2023 · a•••••• firm change · fact
  • M•••••• G•••••• F•••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2016-10-18)
    Aug 10, 2023 · a•••••• firm change · fact
  • K•••• A•• N••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2018-01-09)
    Aug 10, 2023 · a•••••• firm change · fact
  • L•••• L•••• S••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2019-12-05)
    Aug 10, 2023 · a•••••• firm change · fact
  • M•••••• J•••• J••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2012-04-04)
    Aug 10, 2023 · a•••••• firm change · fact
  • S•••••• A••• F••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2020-02-07)
    Aug 10, 2023 · a•••••• firm change · fact
  • R•••••• M•••••• C•••••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2013-09-12)
    Aug 10, 2023 · a•••••• firm change · fact
  • J••••• C•••••• E•••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2003-11-07)
    Aug 10, 2023 · a•••••• firm change · fact
  • G•••••• M•••••• C•••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2018-08-09)
    Aug 10, 2023 · a•••••• firm change · fact
  • K•••••••• M• T•••••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2016-02-09)
    Aug 10, 2023 · a•••••• firm change · fact
  • M•••••• J•• D•••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2020-10-14)
    Aug 10, 2023 · a•••••• firm change · fact
  • A•••••• M•••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2014-01-15)
    Aug 10, 2023 · a•••••• firm change · fact
  • E••• T••••• H•••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2018-01-23)
    Aug 10, 2023 · a•••••• firm change · fact
  • E••••• G••••• D••••••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2009-08-07)
    Aug 10, 2023 · a•••••• firm change · fact
  • D•••• A••• S••••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2016-02-18)
    Aug 10, 2023 · a•••••• firm change · fact
  • G•••• R••••• R••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2019-11-27)
    Aug 10, 2023 · a•••••• firm change · fact
  • C•••• G••••• W•••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2013-12-23)
    Aug 10, 2023 · a•••••• firm change · fact
  • J••••• D••• B•••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2010-05-17)
    Aug 10, 2023 · a•••••• firm change · fact
  • J•••••• T••••• T••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2018-12-13)
    Aug 10, 2023 · a•••••• firm change · fact
  • P•••••• M•••• O•••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2014-01-16)
    Aug 10, 2023 · a•••••• firm change · fact
  • P•••••• S•••• M••••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2007-08-09)
    Aug 10, 2023 · a•••••• firm change · fact
  • R•••••• J••••• S•••••••• left S••••••• F•••••••• S•••••••• I••• for R••••••••• F•••••••• C•••••••• E•••••••• L•• (registered 2005-04-27)
    Aug 10, 2023 · a•••••• firm change · fact
  • R••• K••••••• left S••••••• F•••••••• S•••••••• I••• for C•• S••••••••• L•• (registered 2014-03-18)
    Aug 10, 2023 · a•••••• firm change · fact
  • J•••• H••••• S•••••••• left S••••••• F•••••••• S•••••••• I••• for S•••••••• A••••••• C••••••••• (registered 2005-06-03)
    Aug 10, 2023 · a•••••• firm change · fact
  • P••• S••••••••• T••••• left S••••••• F•••••••• S•••••••• I••• for S••• F•••••••• A•• I•••••••• S•••••••• L•• (registered 2003-04-02)
    Aug 10, 2023 · a•••••• firm change · fact
  • S••••• J••••• G••••• left S••••••• F•••••••• S•••••••• I••• for R••••••••• F•••••••• C•••••••• E•••••••• L•• (registered 1998-05-26)
    Aug 10, 2023 · a•••••• firm change · fact
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