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

Ipg Investment Advisors, LLC

Wealth manager with institutional or fund businessSan Diego, CaliforniaCRD 152990SEC 801-71104IAPD
Latest filing Mar 25, 2026
First filing on the tape Jan 13, 2012 · 41 filings
SEC status approved since Mar 3, 2010
RAUM
$4.1B
reported, Item 5.F
Discretionary
69%
of RAUM
Private clients
31%
$1.3B individuals and HNW
Advisors
40
registered through the firm on IAPD
RAUM per advisor
$103M
derived; firm RAUM over IAPD count
Employees
39
38 advisory (5.B.1)
Offices
10
beyond the principal office
Private funds
1
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$4.1B as of Mar 25, 2026
Jan 19, 2012$644M then
HNW client RAUM$1.3B as of Mar 25, 2026
Mar 27, 2018$1.2B then
State-registered IARs (5.B.3)32 as of Mar 25, 2026
Mar 26, 20135 then
Employees (5.A)39 as of Mar 25, 2026
Mar 26, 201315 then
Private funds1 as of Mar 25, 2026
Mar 30, 20222 then
RAUM +8.3% over the last fiscal year+15% a year over threeIARs 32 to 32
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
RAUM per advisor
$103MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.7MderivedHNW RAUM over HNW clients
Average account
$3.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
69%derivedof RAUM
Institutional
0.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
3.6derived11 offices incl. principal (1.F.5)
RAUM growth, one year
+8.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, performance-based, commissions, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Corporations and businesses$2.2B53%
  • High-net-worth individuals$1.3B31%
  • Pooled investment vehicles$666M16%
  • Pension and profit-sharing plans$3.4M0.1%
  • Charitable organizations$873,7690.0%
Individual clients
n/areported
HNW clients
762reported
Pension plan clients
4reported
Charitable clients
4reported
Accounts
1,273reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performance, commissionsreported
Class basis
private_client_share=0.31 fund_share=0.16 institutional_share=0.0 related_bd=true related_bank=true bd_reps=32.0derived
Advisors registered through the firm
40 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Alberto BenreySan Diego, CaOct 6, 201026 y1
Mauricio U AssaelSan Diego, Ca Oct 18, 201612 y3
Carlos MartinezMiami, Fl Oct 19, 201626 y2
Francisco Javier ArrangoizMiami, Fl Apr 9, 201924 y1
Rocio C HarbSan Diego, Ca Jul 2, 201931 y2
Mildred LopezSan Diego, Ca Feb 21, 202026 y3
Juan Lorenzo De La GarzaMiami, Fl Apr 14, 202116 y3
Larissa CeronSan Diego, Ca Feb 18, 202222 y2
Armando Garza WilsonSan Diego, CaJan 11, 202323 y1
Alfonso AldreteSan Diego, CaJan 11, 202327 y1
Javier C VargasSan Diego, Ca Jan 11, 202323 y4
Maria Jimena Montes De OcaSan Diego, CaJan 11, 202317 y1
Hector Francisco Munguia RomoTucson, Az Jan 11, 202318 y1
Luisa Josefina SerenaSan Diego, CaJan 12, 202324 y1
Mauricio N GomezSan Diego, Ca Jan 12, 202329 y1
Rafael Benrey GrinbergSan Diego, CaJan 12, 202310 y1
Francisco Xavier Sanchez GavitoSan Diego, CaJan 12, 202312 y1
Alejandrina Trasvina HuertaSan Diego, CaJan 12, 202313 y1
Hugo Prebben RamirezSan Diego, CaJan 12, 202310 y1
Adrian GonzalezSan Diego, CaJan 12, 202310 y1
Gerardo Arizpe AguirreCaohula Jan 12, 202310 y1
Antonio SacidoLa Jolla, Ca Jan 12, 202316 y1
Abraham Rodriguez TostadoMazatlan, Sinaloa Jan 12, 202313 y1
Adolfo Gonzalez RubioSan Diego, CaJan 12, 202310 y1
Carlos Francisco Figueroa-RamirezChula Vista, Ca Jan 12, 202319 y1
Jose Roberto Lopez GonzalezSan Diego, Ca Jan 12, 202316 y3
Eduardo AlamanMexico Df Jan 12, 202327 y3
Darius Nmn LashkariSan Diego, CaJan 17, 202326 y4
Guillermo Jose FernandezSan Diego, CaApr 11, 202322 y0
Hector Francisco Munguia ValenzuelaSan Diego, Ca Apr 11, 202311 y0
Christopher Ellison BaezaSan Diego, Ca Apr 27, 202310 y0
Juan Pablo Correa BayardoSan Diego, Ca May 16, 202313 y0
Stephanie NunezSan Diego, CaJun 20, 202310 y0
Gerardo Morfin VelaSan Diego, CaOct 22, 202421 y0
Juan Pablo Morfin RodriguezSan Diego, CaNov 5, 202421 y0
David Mayer GussSan Diego, Ca Jan 1, 202542 y1
Adolfo GonzalezrubioSan Diego, CaJan 1, 202535 y1
Alex Matar AgundisSan Diego, Ca Jul 11, 202519 y5
Nicolas Guido SchreiberSan Diego, Ca Feb 24, 202624 y2
Fernando Rodriguez MosqueraSan Diego, CaApr 22, 202612 y0
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    5 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    Certum Alternative Incomeno longer reportedOther Private Fund$86.9M144Mar 27, 2024
    Ipg Alt Fundno longer reportedOther Private Fund$85.9M80Oct 20, 2021
    Ipg Go Fundno longer reportedOther Private Fund$28.1M410Oct 20, 2021
    Ipg Alternative Investments Fund US LPOther Private Fund$20.7M20Oct 5, 2023
    Ipg Secondary I, LPno longer reportedOther Private Fund$2.0M10Mar 27, 2024
    Owners and control persons
    Schedule A and B, latest filing
    • Alfonso Aldrete · Membercontrol
      since 01/2010 · owns 10% to 25%
    • Alberto Benrey · Chief Executive Officer / Trustee Of The Benrey Family Trustcontrol
      since 09/2006 · owns less than 5%
    • Adolfo Gonzalezrubio · Chairman / Trustee Of The Agcx Trustcontrol
      since 12/2009 · owns less than 5%
    • Nmn Darius Lashkari · Chief Compliance Officercontrol
      since 04/2021 · owns less than 5%
    • Elizabeth Martha Soto Aceves · Cfocontrol
      since 12/2015 · owns less than 5%
    • Guadalupe Jose Gonzalez-Rubio · Shareholdercontrol
      since 10/1978 · owns 75% or more of Themis Investment
    Entity owners
    • Agcx Trust Udt 7/25/1997 · Shareholder
      direct · owns 25% to 50%
    • The Benrey Family Trust · Shareholder
      direct · owns 25% to 50%
    • Themis Investment Inc. · Shareholder
      direct · owns 10% to 25%
    Related persons
    Schedule D 7.A
    • Blue Point LLC
      n
    • I-Kapital Advisor Sa De Cv
      n
    • Investment Placement Commodities
      bankn
    • Investment Placement Group
      broker-dealern
    • Ipg Alternative Fof Gp LLC
      pooled vehicle sponsory
    • Ipg Alternative Investment Gp LLC
      pooled vehicle sponsory
    • Ipg Securities Inc
      broker-dealern
    • Sc Asesores En Inversiones Independientes Sa De Cv
      investment advisern
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    San Diego, Ca · principal4020
    Miami, Fl800
    La Jolla, Ca200
    Tucson, Az200
    Mexico City000
    Sonora000
    Offices
    Schedule D 1.F, the 25 largest
    • Miami, FL7 employees
    • La Jolla, CA2 employees
    • Hermosillo-Sonora, Mexico1 employees
    • Mazatlan - Sinaloa, Mexico1 employees
    • Saltillo, Mexico1 employees
    • Saltillo - Coahuila, Mexico1 employees
    • , 1 employees
    • Tucson, AZ1 employees
    ADV anomalies
    5 against comparable advisers; where to look, not conclusions
    • wealth to institutional shiftCombination · filing Mar 25, 2026
      peers: independent wealth managers, $1B to $5B (1,362)
    • control person changedChange between filings · filing Mar 25, 2026
      Gonzalez-Rubio, Jose, Guadalupe (SHAREHOLDER) left Schedule A between the filings of 2021-04-08 and 2026-03-25
      peers: independent wealth managers, $1B to $5B (1,362)
    • client mix shiftChange between filings · filing Mar 25, 2026
      private-client share of RAUM moved from 55.0% to 31.0% between the annual amendments of 2025-03-31 and 2026-03-25
      peers: independent wealth managers, $1B to $5B (1,362)
    • institutional asset share shiftChange between filings · filing Mar 25, 2026
      institutional share of RAUM moved from 36.0% to 53.0% between the annual amendments of 2025-03-31 and 2026-03-25
      peers: independent wealth managers, $1B to $5B (1,362)
    • control person changedChange between filings · filing Mar 25, 2026
      ALDRETE, ALFONSO (MEMBER) left Schedule A between the filings of 2021-04-08 and 2026-03-25
      peers: independent wealth managers, $1B to $5B (1,362)
    What changed
    consecutive filings, newest first
    • Accounts · 1,154 to 1,273
      Jan 21, 2026 to Mar 25, 2026
    • Advisory employees · 39 to 38
      Jan 21, 2026 to Mar 25, 2026
    • BD registered reps · 33 to 32
      Jan 21, 2026 to Mar 25, 2026
    • Charity clients · 1 to 4
      Jan 21, 2026 to Mar 25, 2026
    • Corporate clients · 246 to 503
      Jan 21, 2026 to Mar 25, 2026
    • HNW clients · 312 to 762
      Jan 21, 2026 to Mar 25, 2026
    • Individual clients · 584.0 to unset
      Jan 21, 2026 to Mar 25, 2026
    • Pension plan clients · 7 to 4
      Jan 21, 2026 to Mar 25, 2026
    • Pooled vehicle clients · 4 to 9
      Jan 21, 2026 to Mar 25, 2026
    • Private funds · 5 to 1
      Jan 21, 2026 to Mar 25, 2026
    • Discretionary RAUM · $2.8B to $2.9B
      Jan 21, 2026 to Mar 25, 2026
    • HNW RAUM · $1.6B to $1.3B
      Jan 21, 2026 to Mar 25, 2026
    • Individual RAUM · 459422850.0 to unset
      Jan 21, 2026 to Mar 25, 2026
    • Non-discretionary RAUM · $999M to $1.3B
      Jan 21, 2026 to Mar 25, 2026
    • Pension RAUM · $5.3M to $3.4M
      Jan 21, 2026 to Mar 25, 2026
    • Pooled vehicle RAUM · $349M to $666M
      Jan 21, 2026 to Mar 25, 2026
    • RAUM · $3.8B to $4.1B
      Jan 21, 2026 to Mar 25, 2026
    • Financial planning clients · 0 to 0
      Aug 29, 2025 to Sep 19, 2025
    • Accounts · 1,051 to 1,154
      Mar 27, 2024 to Mar 31, 2025
    • Advisory employees · 29 to 39
      Mar 27, 2024 to Mar 31, 2025
    • BD registered reps · 32 to 33
      Mar 27, 2024 to Mar 31, 2025
    • Corporate clients · 239 to 246
      Mar 27, 2024 to Mar 31, 2025
    • HNW clients · 236 to 312
      Mar 27, 2024 to Mar 31, 2025
    • Individual clients · 567 to 584
      Mar 27, 2024 to Mar 31, 2025
    • Pension plan clients · 3 to 7
      Mar 27, 2024 to Mar 31, 2025
    • State-registered IARs · 6 to 32
      Mar 27, 2024 to Mar 31, 2025
    • Discretionary RAUM · $2.5B to $2.8B
      Mar 27, 2024 to Mar 31, 2025
    • HNW RAUM · $1.6B to $1.6B
      Mar 27, 2024 to Mar 31, 2025
    • Individual RAUM · $190M to $459M
      Mar 27, 2024 to Mar 31, 2025
    • Non-discretionary RAUM · $973M to $999M
      Mar 27, 2024 to Mar 31, 2025
    • Pension RAUM · $2.0M to $5.3M
      Mar 27, 2024 to Mar 31, 2025
    • Pooled vehicle RAUM · $211M to $349M
      Mar 27, 2024 to Mar 31, 2025
    • RAUM · $3.5B to $3.8B
      Mar 27, 2024 to Mar 31, 2025
    • Accounts · 1,224 to 1,051
      Oct 5, 2023 to Mar 27, 2024
    • Advisory employees · 34 to 29
      Oct 5, 2023 to Mar 27, 2024
    • Advisory activities · 3 to 4
      Oct 5, 2023 to Mar 27, 2024
    • BD registered reps · 29 to 32
      Oct 5, 2023 to Mar 27, 2024
    • Corporate clients · unset to 239.0
      Oct 5, 2023 to Mar 27, 2024
    • HNW clients · 594 to 236
      Oct 5, 2023 to Mar 27, 2024
    • Individual clients · 626 to 567
      Oct 5, 2023 to Mar 27, 2024
    Signals
    10 dated events
    • Ariel Jerome Tacher left Ipg Investment Advisors, Llc for Vizcaya Capital, Llc (registered 2025-05-28)
      May 9, 2025 · Advisor changed firm · fact
    • Ipg Investment Advisors, Llc reported 32 state-registered advisory representatives, up from 6 (2024-03-27 to 2025-03-31)
      Mar 31, 2025 · Advisor headcount change · derived
    • Jose Maria Chacon Soto left Ipg Investment Advisors, Llc for Direwolf Wealth Management, Llc (registered 2024-11-21)
      May 20, 2024 · Advisor changed firm · fact
    • Ipg Investment Advisors, Llc reported RAUM $3.5B, up 28% from $2.7B (2023-10-05 to 2024-03-27)
      Mar 27, 2024 · RAUM change · derived
    • Ipg Investment Advisors, Llc reported 9 state-registered advisory representatives, down from 24 (2023-01-10 to 2023-03-31)
      Mar 31, 2023 · Advisor headcount change · derived
    • Eduardo Guillermo Torres left Ipg Investment Advisors, Llc for United Planners' Financial Services Of America A Limited Partner (registered 2022-09-02)
      Sep 8, 2022 · Advisor changed firm · fact
    • Luisa Maria Boyd (Chief Compliance Officer) no longer on Schedule A of Ipg Investment Advisors, Llc (listed 2021-03-30, absent 2021-04-08)
      Apr 8, 2021 · Control person left · inference
    • Nmn Darius Lashkari (Chief Compliance Officer) appeared on Schedule A of Ipg Investment Advisors, Llc
      Apr 8, 2021 · Control person joined · fact
    • Ipg Investment Advisors, Llc reported RAUM $2.0B, up 44% from $1.4B (2019-03-29 to 2020-03-30)
      Mar 30, 2020 · RAUM change · derived
    • John Gilbert Addeo (Coo) no longer on Schedule A of Ipg Investment Advisors, Llc (listed 2019-03-29, absent 2020-03-30)
      Mar 30, 2020 · Control person left · inference
    Across DFX
    shared identifiers only, never a name match
    How to reach
    public business contact points only, each with its source
    Principal office phone
    619-326-1200reportedpublic record, Form ADV, Mar 25, 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
    Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $103Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026