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

Southstate Advisory, Inc.

Former SEC-registered adviserColumbia, South CarolinaCRD 153113SEC 801-71264websiteIAPD
Latest filing Jun 23, 2025
First filing on the tape Dec 23, 2011 · 46 filings
SEC status approved since Apr 7, 2010
RAUM
$3.8B
reported, Item 5.F
Discretionary
87%
of RAUM
Private clients
6.1%
$229M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
22
11 advisory (5.B.1)
Offices
8
beyond the principal office
Private funds
0
reported on Schedule D
History
46 filings and snapshots on the tape
RAUM$3.8B as of Jun 23, 2025
Mar 30, 2015$403M then
HNW client RAUM$192M as of Jun 23, 2025
Mar 30, 2018$24.2M then
State-registered IARs (5.B.3)17 as of Jun 23, 2025
Dec 23, 20110 then
Employees (5.A)22 as of Jun 23, 2025
Apr 2, 20134 then
Private funds: no history
RAUM +11% over the last fiscal year+11% a year over threeIARs 15 to 17
Practice profile
derived from the filing of Jun 23, 2025; every figure names its basis
RAUM per advisor
$223MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
10derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$8.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
87%derivedof RAUM
Institutional
19%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
1.9derived9 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+13%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.5%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 consultingreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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)
  • controlled by a public reporting company (10.A)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Banks and thrifts$2.8B74%
  • Pension and profit-sharing plans$520M14%
  • High-net-worth individuals$192M5.1%
  • Charitable organizations$141M3.7%
  • Individuals$37.4M1.0%
  • State and municipal entities$32.9M0.9%
  • Corporations and businesses$30.8M0.8%
  • Insurance companies$20.3M0.5%
  • Other investment advisers$1.7M0.0%
Individual clients
116reported
HNW clients
61reported
Pension plan clients
85reported
Charitable clients
25reported
Accounts
441reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
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
17 left, 0 joined in 12 months
net -17 in 12 months0 left in 90 days0 joined in 90 days18 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Alan Brian Barker · Directorcontrol
    since 12/2017 · owns less than 5%
  • Murray David Kirkpatrick · Directorcontrol
    since 10/2020 · owns less than 5%
  • Marcus Raymond Hrin · Chief Compliance Officer
    since 12/2013 · owns less than 5%
Entity owners
  • Southstate Bank, N.A. · Direct Owner
    direct · owns 75% or more
  • South State Corporation · Shareholder
    indirect · owns 75% or more of South State Bank · public reporting company
Related persons
Schedule D 7.A
Advisers that list Southstate Advisory, Inc. as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Appling, Ga001
Atlanta, Ga001
Birmingham, Al001
Charleston, Sc002
Daniel Island, Sc002
Greenville, Sc002
Hilton Head Island, Sc001
Richmond, Va001
Savannah, Ga0021
Columbia, Sc · principal003
Spartanburg, Sc001
Offices
Schedule D 1.F, the 25 largest
  • Richmond, VA2 employees
  • Charleston, SC2 employees
  • Greenville, SC2 employees
  • Savannah, GA1 employees
  • Augusta, GA1 employees
  • Spartanburg, SC1 employees
  • Birmingham, AL1 employees
  • Daniel Island, SC1 employees
What changed
consecutive filings, newest first
  • Financial planning clients · 0 to 0
    Mar 27, 2025 to Jun 23, 2025
  • Accounts · 420 to 441
    Oct 2, 2024 to Mar 27, 2025
  • Advisory employees · 10 to 11
    Oct 2, 2024 to Mar 27, 2025
  • Charity clients · 24 to 25
    Oct 2, 2024 to Mar 27, 2025
  • Corporate clients · 9 to 8
    Oct 2, 2024 to Mar 27, 2025
  • HNW clients · 62 to 61
    Oct 2, 2024 to Mar 27, 2025
  • Individual clients · 109 to 116
    Oct 2, 2024 to Mar 27, 2025
  • Pension plan clients · 76 to 85
    Oct 2, 2024 to Mar 27, 2025
  • Employees · 20 to 22
    Oct 2, 2024 to Mar 27, 2025
  • State-registered IARs · 15 to 17
    Oct 2, 2024 to Mar 27, 2025
  • Discretionary RAUM · $3.0B to $3.3B
    Oct 2, 2024 to Mar 27, 2025
  • HNW RAUM · $175M to $192M
    Oct 2, 2024 to Mar 27, 2025
  • Individual RAUM · $31.2M to $37.4M
    Oct 2, 2024 to Mar 27, 2025
  • Non-discretionary RAUM · $437M to $497M
    Oct 2, 2024 to Mar 27, 2025
  • Pension RAUM · $436M to $520M
    Oct 2, 2024 to Mar 27, 2025
  • RAUM · $3.4B to $3.8B
    Oct 2, 2024 to Mar 27, 2025
  • Related adviser · false to true
    Oct 2, 2024 to Mar 27, 2025
  • Accounts · 384 to 420
    May 8, 2023 to Mar 29, 2024
  • Charity clients · 23 to 24
    May 8, 2023 to Mar 29, 2024
  • Corporate clients · 6 to 9
    May 8, 2023 to Mar 29, 2024
  • HNW clients · 63 to 62
    May 8, 2023 to Mar 29, 2024
  • Individual clients · 98 to 109
    May 8, 2023 to Mar 29, 2024
  • Pension plan clients · 68 to 76
    May 8, 2023 to Mar 29, 2024
  • Other offices · 7 to 8
    May 8, 2023 to Mar 29, 2024
  • Discretionary RAUM · $2.8B to $3.0B
    May 8, 2023 to Mar 29, 2024
  • HNW RAUM · $165M to $175M
    May 8, 2023 to Mar 29, 2024
  • Individual RAUM · $24.2M to $31.2M
    May 8, 2023 to Mar 29, 2024
  • Non-discretionary RAUM · $362M to $437M
    May 8, 2023 to Mar 29, 2024
  • Pension RAUM · $363M to $436M
    May 8, 2023 to Mar 29, 2024
  • RAUM · $3.1B to $3.4B
    May 8, 2023 to Mar 29, 2024
  • Accounts · 360 to 384
    Mar 30, 2022 to Mar 24, 2023
  • Charity clients · 24 to 23
    Mar 30, 2022 to Mar 24, 2023
  • Corporate clients · 5 to 6
    Mar 30, 2022 to Mar 24, 2023
  • HNW clients · 64 to 63
    Mar 30, 2022 to Mar 24, 2023
  • Individual clients · 92 to 98
    Mar 30, 2022 to Mar 24, 2023
  • Pension plan clients · 65 to 68
    Mar 30, 2022 to Mar 24, 2023
  • Employees · 21 to 20
    Mar 30, 2022 to Mar 24, 2023
  • Discretionary RAUM · $2.4B to $2.8B
    Mar 30, 2022 to Mar 24, 2023
  • HNW RAUM · $190M to $165M
    Mar 30, 2022 to Mar 24, 2023
  • Individual RAUM · $22.7M to $24.2M
    Mar 30, 2022 to Mar 24, 2023
Signals
34 dated events
  • Southstate Advisory, Inc. no longer on the SEC adviser roster (last listed 2026-02-02, RAUM $3.8B)
    Mar 2, 2026 · Left the SEC roster · derived
  • William Lewis Barlow left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-01-06)
    Feb 27, 2026 · Advisor changed firm · fact
  • William Harold Beecher left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-01-04)
    Feb 27, 2026 · Advisor changed firm · fact
  • Marion Franklin Sanders left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-01-04)
    Feb 27, 2026 · Advisor changed firm · fact
  • Robert Bolling Fauntleroy left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-01-06)
    Feb 27, 2026 · Advisor changed firm · fact
  • Brian Alan Barker left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-01-04)
    Feb 27, 2026 · Advisor changed firm · fact
  • Ethan Earl left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-01-04)
    Feb 27, 2026 · Advisor changed firm · fact
  • Matthew Conner Day left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-01-04)
    Feb 27, 2026 · Advisor changed firm · fact
  • Jennifer Ahendt Thompson left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-01-04)
    Feb 27, 2026 · Advisor changed firm · fact
  • Joseph Terence Keating left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-01-04)
    Feb 27, 2026 · Advisor changed firm · fact
  • Robin Smith Roseman left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-01-23)
    Feb 27, 2026 · Advisor changed firm · fact
  • Kyle Brooks Dwyer left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2025-06-24)
    Feb 27, 2026 · Advisor changed firm · fact
  • Sara Averette Johnson left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-01-06)
    Feb 27, 2026 · Advisor changed firm · fact
  • Steven F Wickline left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2025-06-24)
    Feb 27, 2026 · Advisor changed firm · fact
  • Martin Cadenhead Mcwilliams left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-01-04)
    Feb 27, 2026 · Advisor changed firm · fact
  • David Murray Kirkpatrick left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-01-04)
    Feb 27, 2026 · Advisor changed firm · fact
  • Rebecca Leigh Page left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-03-17)
    Feb 27, 2026 · Advisor changed firm · fact
  • Jon Peter Ahrens left Southstate Advisory, Inc. for Southstate Private Capital Management Llc (registered 2026-01-04)
    Feb 27, 2026 · Advisor changed firm · fact
  • 4 advisors left Southstate Advisory, Inc. (Savannah, GA) for Southstate Private Capital Management LLC on the same day
    Feb 27, 2026 · Team lift-out · derived
  • Southstate Advisory, Inc.'s advisors moved to Southstate Private Capital Management LLC (Columbia, SC): 11 of 17 registered, on the same day
    Feb 27, 2026 · Firm absorbed (people side) · derived
  • John Edward Jacques (Director) no longer on Schedule A of Southstate Advisory, Inc. (listed 2024-08-08, absent 2024-10-02)
    Oct 2, 2024 · Control person left · inference
  • Richard Joseph Linden left Southstate Advisory, Inc. for Ccm Investment Advisers, Llc (registered 2024-07-26)
    Aug 6, 2024 · Advisor changed firm · fact
  • Bradley K Humphries left Southstate Advisory, Inc. for Apollon Wealth Management, Llc (registered 2025-01-15)
    May 8, 2023 · Advisor changed firm · fact
  • Patrick Shaun Merriman (Director) no longer on Schedule A of Southstate Advisory, Inc. (listed 2022-03-30, absent 2023-03-24)
    Mar 24, 2023 · Control person left · inference
  • Kelly Gardner (Director) no longer on Schedule A of Southstate Advisory, Inc. (listed 2021-12-21, absent 2022-03-29)
    Mar 29, 2022 · Control person left · inference
  • Marshall Tinsley Roxanna Minton (Director) no longer on Schedule A of Southstate Advisory, Inc. (listed 2021-12-21, absent 2022-03-29)
    Mar 29, 2022 · Control person left · inference
  • Patrick Shaun Merriman (Director) appeared on Schedule A of Southstate Advisory, Inc.
    Dec 9, 2020 · Control person joined · fact
  • Marshall Tinsley Roxanna Minton (Director) appeared on Schedule A of Southstate Advisory, Inc.
    Nov 16, 2020 · Control person joined · fact
  • Murray David Kirkpatrick (Director) appeared on Schedule A of Southstate Advisory, Inc.
    Nov 16, 2020 · Control person joined · fact
  • Shepherd Keith Rainwater (Director) no longer on Schedule A of Southstate Advisory, Inc. (listed 2020-10-05, absent 2020-11-16)
    Nov 16, 2020 · Control person left · inference
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