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SEC-registered adviser

D•••• C•••••• A•••••••• L••

Independent wealth managerNew York, New YorkCRD 153496SEC 801-134318websiteIAPD
Latest filing Sep 18, 2026
First filing on the tape Sep 22, 2025 · 3 filings
SEC status approved since Sep 25, 2025
RAUM
$46.9M
reported, Item 5.F
Discretionary
40%
of RAUM
Private clients
96%
$44.9M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$46.9M
derived; firm RAUM over IAPD count
Employees
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
3 filings and snapshots on the tape
RAUM$46.9M as of Mar 31, 2026
Sep 22, 2025$41.8M then
HNW client RAUM$38.3M as of Mar 31, 2026
Sep 22, 2025$37.1M then
State-registered IARs (5.B.3)1 as of Mar 31, 2026
Sep 22, 20251 then
Employees (5.A)2 as of Mar 31, 2026
Sep 22, 20252 then
Private funds1 as of Mar 31, 2026
Sep 22, 20251 then
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Sep 18, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$46.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
58derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.5MderivedHNW RAUM over HNW clients
Average account
$503,878derivedRAUM over accounts (5.F.2.f)
Discretionary
40%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 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
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Wrap fee program
$46.2MreportedItem 5.I
Custody
$619,426, 1 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$38.3M82%
  • Individuals$6.6M14%
  • Corporations and businesses$1.4M3.0%
  • Pooled investment vehicles$619,4261.3%
Individual clients
32reported
HNW clients
26reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
93reported
Financial planning clients
n/areported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$619,426 for 1 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.96 fund_share=0.01 institutional_share=0.0 related_bd=true related_bank=false bd_reps=2.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
E••• M••••••• D••••New York, NyMay 27, 202235 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • D••••• E•••• M••••••• · Managing Member & Chief Executive Officer & Chief Compliance Officercontrol
        since 09/2009 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • custody status changedChange between filings · filing Sep 18, 2026
        custody of client assets (Item 9.A): no on the filing of 2026-03-31, yes on the filing of 2026-09-18
        peers: independent wealth managers, under $100M (708)
      What changed
      consecutive filings, newest first
      • Assets in custody · unset to 619426.0
        Mar 31, 2026 to Sep 18, 2026
      • Custody of client assets · false to true
        Mar 31, 2026 to Sep 18, 2026
      • Employees · 2 to 3
        Mar 31, 2026 to Sep 18, 2026
      • Financial planning clients · to unset
        Mar 31, 2026 to Sep 18, 2026
      • Private funds · 1 to unset
        Mar 31, 2026 to Sep 18, 2026
      • Succession · false to unset
        Mar 31, 2026 to Sep 18, 2026
      • Wrap assets (manager) · $46.9M to $0
        Mar 31, 2026 to Sep 18, 2026
      • Wrap assets (sponsor) · $46.9M to $0
        Mar 31, 2026 to Sep 18, 2026
      • Accounts · 96 to 93
        Sep 22, 2025 to Mar 31, 2026
      • HNW clients · 43 to 26
        Sep 22, 2025 to Mar 31, 2026
      • Individual clients · 21 to 32
        Sep 22, 2025 to Mar 31, 2026
      • Discretionary RAUM · $15.4M to $18.5M
        Sep 22, 2025 to Mar 31, 2026
      • HNW RAUM · $37.1M to $38.3M
        Sep 22, 2025 to Mar 31, 2026
      • Individual RAUM · $2.6M to $6.6M
        Sep 22, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $26.3M to $28.3M
        Sep 22, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $593,931 to $619,426
        Sep 22, 2025 to Mar 31, 2026
      • RAUM · $41.8M to $46.9M
        Sep 22, 2025 to Mar 31, 2026
      • Wrap assets (manager) · $41.8M to $46.9M
        Sep 22, 2025 to Mar 31, 2026
      • Wrap assets (sponsor) · $41.8M to $46.9M
        Sep 22, 2025 to Mar 31, 2026
      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.
      How to reach
      public business contact points only, each with its source
      Business phone
      212-796-8440reportedpublished by the firm, firm site, Sep 17, 2026
      Business phone
      212-796-8445reportedpublished by the firm, firm site, Sep 17, 2026
      Website
      D••••CAPITALADVISORS.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-796-8440reportedpublic record, Form ADV, Sep 18, 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
      $46.9Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026