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

Raub Brock Capital Management, LP

Asset manager (funds and pooled vehicles)Larkspur, CaliforniaCRD 153994SEC 801-71732websiteIAPD
Latest filing Sep 1, 2026
First filing on the tape Mar 23, 2012 · 41 filings
SEC status approved since Aug 6, 2010
RAUM
$2.9B
reported, Item 5.F
Discretionary
16%
of RAUM
Private clients
9.4%
$276M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$488M
derived; firm RAUM over IAPD count
Employees
9
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$2.9B as of Mar 11, 2026
Mar 23, 2012$218M then
HNW client RAUM$256M as of Mar 11, 2026
Mar 6, 2018$290M then
State-registered IARs (5.B.3)6 as of Mar 11, 2026
Mar 8, 20133 then
Employees (5.A)9 as of Mar 11, 2026
Mar 8, 20134 then
Private funds: no history
RAUM -9.2% over the last fiscal year+1.4% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Sep 1, 2026; every figure names its basis
RAUM per advisor
$488MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
19derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.2MderivedHNW RAUM over HNW clients
Average account
$461,039derivedRAUM over accounts (5.F.2.f)
Discretionary
16%derivedof RAUM
Institutional
0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-9.2%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-5.0%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$19.7M, 22 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)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Other investment advisers$2.6B90%
  • High-net-worth individuals$256M8.8%
  • Individuals$19.7M0.7%
  • Pension and profit-sharing plans$18.5M0.6%
Individual clients
34reported
HNW clients
81reported
Pension plan clients
2reported
Charitable clients
0reported
Accounts
6,352reported
Financial planning clients
11-25reported
Wrap fee programs
$0 sponsored, $3.7M managedreported
Custody of client assets
$19.7M for 22 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.09 fund_share=0.9 institutional_share=0.01 related_bd= related_bank= bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Richard Henry AlpertCertified Financial PlannerLarkspur, CaJan 4, 202124 y4
Zachary Clayton NormanLarkspur, CaJan 4, 202111 y1
Eric Justin RichardsChartered Financial AnalystLarkspur, CaAug 11, 202120 y1
Cheryl Lenorre GrossCertified Financial PlannerLarkspur, CaAug 11, 202112 y2
Patrick Thomas TinucciChartered Financial AnalystLarkspur, CaApr 2, 202411 y0
Gregory Scott SommerChartered Financial AnalystLarkspur, CaApr 5, 202418 y1
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Henry Richard Alpert · Limited Partner And Portfolio Managercontrol
    since 07/2010 · owns 75% or more
  • Jeanne Wendy Phillippay · Chief Compliance Officercontrol
    since 03/2021 · owns less than 5%
  • Henry Richard Alpert · Owner And Officer
    since 07/2012 · owns 75% or more of Raub-Alpert Holdings, LLC
Entity owners
  • Raub-Alpert Holdings, LLC · General Partner
    direct · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Larkspur, Ca · principal600
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Financial planning clients · 11-25 to 11-25
    Mar 11, 2026 to Sep 1, 2026
  • Related adviser · false to unset
    Mar 11, 2026 to Sep 1, 2026
  • Related bank · false to unset
    Mar 11, 2026 to Sep 1, 2026
  • Related broker-dealer · false to unset
    Mar 11, 2026 to Sep 1, 2026
  • Related insurance company · false to unset
    Mar 11, 2026 to Sep 1, 2026
  • Succession · false to unset
    Mar 11, 2026 to Sep 1, 2026
  • Accounts · 7,179 to 6,352
    Nov 17, 2025 to Mar 11, 2026
  • HNW clients · 86 to 81
    Nov 17, 2025 to Mar 11, 2026
  • Individual clients · 35 to 34
    Nov 17, 2025 to Mar 11, 2026
  • Assets in custody · $10.7M to $19.7M
    Nov 17, 2025 to Mar 11, 2026
  • Discretionary RAUM · $488M to $467M
    Nov 17, 2025 to Mar 11, 2026
  • HNW RAUM · $248M to $256M
    Nov 17, 2025 to Mar 11, 2026
  • Individual RAUM · $22.8M to $19.7M
    Nov 17, 2025 to Mar 11, 2026
  • Non-discretionary RAUM · $2.7B to $2.5B
    Nov 17, 2025 to Mar 11, 2026
  • Pension RAUM · $17.9M to $18.5M
    Nov 17, 2025 to Mar 11, 2026
  • RAUM · $3.2B to $2.9B
    Nov 17, 2025 to Mar 11, 2026
  • Wrap assets (manager) · $3.8M to $3.7M
    Nov 17, 2025 to Mar 11, 2026
  • Assets in custody · unset to 10707756.0
    Mar 5, 2025 to Nov 17, 2025
  • Custody of client assets · false to true
    Mar 5, 2025 to Nov 17, 2025
  • Accounts · 7,037 to 7,179
    Mar 22, 2024 to Mar 5, 2025
  • Advisory employees · 7 to 6
    Mar 22, 2024 to Mar 5, 2025
  • HNW clients · 80 to 86
    Mar 22, 2024 to Mar 5, 2025
  • Individual clients · 44 to 35
    Mar 22, 2024 to Mar 5, 2025
  • Financial planning clients · 11-25 to 11-25
    Mar 22, 2024 to Mar 5, 2025
  • State-registered IARs · 7 to 6
    Mar 22, 2024 to Mar 5, 2025
  • Discretionary RAUM · $510M to $488M
    Mar 22, 2024 to Mar 5, 2025
  • HNW RAUM · $234M to $248M
    Mar 22, 2024 to Mar 5, 2025
  • Individual RAUM · $26.7M to $22.8M
    Mar 22, 2024 to Mar 5, 2025
  • Non-discretionary RAUM · $2.5B to $2.7B
    Mar 22, 2024 to Mar 5, 2025
  • Pension RAUM · $17.1M to $17.9M
    Mar 22, 2024 to Mar 5, 2025
  • RAUM · $3.1B to $3.2B
    Mar 22, 2024 to Mar 5, 2025
  • Wrap assets (manager) · $55.3M to $3.8M
    Mar 22, 2024 to Mar 5, 2025
  • Accounts · 6,720 to 7,037
    Mar 14, 2023 to Mar 20, 2024
  • Advisory employees · 4 to 7
    Mar 14, 2023 to Mar 20, 2024
  • HNW clients · 131 to 80
    Mar 14, 2023 to Mar 20, 2024
  • Individual clients · 378 to 44
    Mar 14, 2023 to Mar 20, 2024
  • Pension plan clients · 9 to 2
    Mar 14, 2023 to Mar 20, 2024
  • Employees · 8 to 9
    Mar 14, 2023 to Mar 20, 2024
  • State-registered IARs · 6 to 7
    Mar 14, 2023 to Mar 20, 2024
  • Discretionary RAUM · $537M to $510M
    Mar 14, 2023 to Mar 20, 2024
Signals
5 dated events
  • Raub Brock Capital Management, Lp reported RAUM $3.4B, up 30% from $2.6B (2021-11-22 to 2022-02-28)
    Feb 28, 2022 · RAUM change · derived
  • Jeanne Wendy Phillippay (Chief Compliance Officer) appeared on Schedule A of Raub Brock Capital Management, Lp
    Mar 29, 2021 · Control person joined · fact
  • Raub Brock Capital Management, Lp reported RAUM $1.9B, up 50% from $1.3B (2018-04-02 to 2019-03-19)
    Mar 19, 2019 · RAUM change · derived
  • Raub Brock Capital Management, Lp reported RAUM $1.3B, up 27% from $1.0B (2017-05-30 to 2018-03-06)
    Mar 6, 2018 · RAUM change · derived
  • Raub Brock Capital Management, Lp reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Jul 28, 2014 · Succession (Item 4) · fact
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
Website
RAUBBROCK.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
415-927-6990reportedpublic record, Form ADV, Sep 1, 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
Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
RAUM per advisor
$488Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026