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

Fsc Wealth Advisors, LLC

Independent wealth managerFishkill, New YorkCRD 154382SEC 801-71646website IAPD

Latest filing Mar 30, 2026

First filing on the tape Mar 30, 2012 · 28 filings

SEC status approved since Aug 11, 2010

RAUM

$122M

reported, Item 5.F

Discretionary

100%

of RAUM

Private clients

75%

$91.2M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$40.8M

derived; firm RAUM over IAPD count

Employees

5 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

28 filings and snapshots on the tape

RAUM$122M as of Mar 30, 2026

Mar 30, 2012$48.4M then

HNW client RAUM$11.8M as of Mar 30, 2026

Mar 20, 2018$9.9M then

State-registered IARs (5.B.3)5 as of Mar 30, 2026

Mar 25, 20130 then

Employees (5.A)5 as of Mar 30, 2026

Mar 25, 20134 then

Private funds: no history

RAUM -57% over the last fiscal year-18% a year over threeIARs 5 to 5

Practice profile

derived from the filing of Mar 30, 2026; every figure names its basis

Archetypes, each a printed rule

Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM

RAUM per advisor: $40.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 229derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $1.3MderivedHNW RAUM over HNW clients
Average account: $139,108derivedRAUM over accounts (5.F.2.f)
Discretionary: 100%derivedof RAUM
Institutional: 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 1.7derivedItem 5.A over advisors
Advisors per office: 1.0derived3 offices incl. principal (1.F.5)
RAUM growth, one year: -57%derivedbetween the last two annual amendments
Advisor growth, one year: +0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year: -42%derived
Compensation: percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, portfolio management for pooled vehicles, educational seminarsreportedItem 5.G
Custody: $21.6M, 59 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)
has custody of client securities (9.A.1.b)

Where the RAUM sits

Form ADV Item 5.D, latest filing

Individuals$79.4M65%
Pooled investment vehicles$30.6M25%
High-net-worth individuals$11.8M9.7%
Corporations and businesses$490,3910.4%

Individual clients: 677reported
HNW clients: 9reported
Pension plan clients: n/areported
Charitable clients: n/areported
Accounts: 879reported
Financial planning clients: 101-250reported
Wrap fee programs: noreported
Custody of client assets: $21.6M for 59 clientsreported
Compensation: % of AUM, fixed, hourlyreported
Class basis: private_client_share=0.75 fund_share=0.25 institutional_share=0.0 related_bd=false related_bank=false bd_reps=5.0derived

Advisors registered through the firm

3 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
Jeffrey Arnold Scott	Westlake, Oh	Aug 10, 2021	29 y	1
James Michael Comblo	Fishkill, Ny	Aug 10, 2021	13 y	1
Elizabeth Tatis Arcara	Fishkill, Ny	Dec 13, 2022	10 y	0

Advisor movement

2 left, 0 joined in 12 months

net -2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 67% of current headcount2 left over 36 months

Left, latest

Shane James Clarke to Prosperity Capital Advisors
Jun 1, 2026 · RIA to RIA
Neal Kulin Miller to Geneos Wealth Management, Inc.
Apr 1, 2026 · RIA to affiliated broker-dealer or bank

Joined, latest

Jeffrey Arnold Scott from Next Financial Group, Inc.
Aug 10, 2021 · Affiliated broker-dealer or bank to independent RIA
James Michael Comblo from Next Financial Group, Inc.
Aug 10, 2021 · Affiliated broker-dealer or bank to independent RIA
Shane James Clarke from Voya Financial Advisors, Inc.
Jul 27, 2016 · Other

Every departure Every arrival

Teams: two or more advisors moving together within fourteen days, from one state

2 joined from Next Financial Group, Inc.
Oct 22, 2021 · Wappingers Falls, Ny

Teams out Teams in

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

Michael James Comblo · Managing Member & Chief Compliance Officercontrol
since 01/2018 · owns 75% or more

Related persons

Schedule D 7.A

Fsc Tax Advisors, LLC
insurancen

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined	Left	Teams out	Forming
Fishkill, Ny · principal	3	0	2

Offices

Schedule D 1.F, the 25 largest

Oneonta, NY1 employees
Waterford, CT1 employees

ADV anomalies

5 against comparable advisers; where to look, not conclusions

RAUM down advisors stableCombination · filing Mar 30, 2026
RAUM fell 25 percent or more while the advisor count stayed within 5 percent: assets left without people leaving (a large client or institutional mandate, a fee change, or a reporting change). RAUM $283,104,630 to $122,275,982, advisors 5 to 5, private clients 1178 to 686, offices 2 to 2 (2025-03-06 to 2026-03-30)
peers: independent wealth managers, $100M to $500M (5,676)
account count collapseChange between filings · filing Mar 30, 2026
accounts (Item 5.F.2.f) moved from 2,092.0 to 879.0 (-58.0%) between the annual amendments of 2025-03-06 and 2026-03-30; the peer median change was +5.0% (3688 comparable advisers, 2.0th percentile of changes)
peers: independent wealth managers, $100M to $500M (3,688) · 2.3% percentile
client count collapseChange between filings · filing Mar 30, 2026
individual and HNW clients (Item 5.D) moved from 1,178.0 to 686.0 (-42.0%) between the annual amendments of 2025-03-06 and 2026-03-30; the peer median change was +3.0% (3310 comparable advisers, 2.0th percentile of changes)
peers: independent wealth managers, $100M to $500M (3,310) · 2.4% percentile
HNW share shiftChange between filings · filing Mar 30, 2026
HNW share of RAUM moved from 31.0% to 10.0% between the annual amendments of 2025-03-06 and 2026-03-30
peers: independent wealth managers, $100M to $500M (5,676)
RAUM down 50 %Change between filings · filing Mar 30, 2026
RAUM (Item 5.F) moved from $283,104,630 to $122,275,982 (-57.0%) between the annual amendments of 2025-03-06 and 2026-03-30; the peer median change was +15.0% (4551 comparable advisers, 0.0th percentile of changes)
peers: independent wealth managers, $100M to $500M (4,551) · 0.4% percentile

How anomalies are measured

What changed

consecutive filings, newest first

Accounts · 2,092 to 879
Aug 28, 2025 to Mar 30, 2026
HNW clients · 48 to 9
Aug 28, 2025 to Mar 30, 2026
Individual clients · 1,130 to 677
Aug 28, 2025 to Mar 30, 2026
Discretionary RAUM · $283M to $122M
Aug 28, 2025 to Mar 30, 2026
HNW RAUM · $86.4M to $11.8M
Aug 28, 2025 to Mar 30, 2026
Individual RAUM · $164M to $79.4M
Aug 28, 2025 to Mar 30, 2026
Pooled vehicle RAUM · $32.6M to $30.6M
Aug 28, 2025 to Mar 30, 2026
RAUM · $283M to $122M
Aug 28, 2025 to Mar 30, 2026
Assets in custody · unset to 21565570.0
Mar 6, 2025 to Aug 28, 2025
Custody of client assets · false to true
Mar 6, 2025 to Aug 28, 2025
Accounts · 2,036 to 2,092
Nov 8, 2024 to Mar 6, 2025
HNW clients · 28 to 48
Nov 8, 2024 to Mar 6, 2025
Individual clients · 1,145 to 1,130
Nov 8, 2024 to Mar 6, 2025
Financial planning clients · 101-250 to 101-250
Nov 8, 2024 to Mar 6, 2025
Discretionary RAUM · $249M to $283M
Nov 8, 2024 to Mar 6, 2025
HNW RAUM · $51.2M to $86.4M
Nov 8, 2024 to Mar 6, 2025
Individual RAUM · $165M to $164M
Nov 8, 2024 to Mar 6, 2025
Pooled vehicle RAUM · $32.3M to $32.6M
Nov 8, 2024 to Mar 6, 2025
RAUM · $249M to $283M
Nov 8, 2024 to Mar 6, 2025
Accounts · 1,933 to 2,036
Apr 6, 2023 to Mar 14, 2024
Advisory employees · 6 to 5
Apr 6, 2023 to Mar 14, 2024
BD registered reps · 6 to 5
Apr 6, 2023 to Mar 14, 2024
Corporate clients · 2.0 to unset
Apr 6, 2023 to Mar 14, 2024
HNW clients · 29 to 28
Apr 6, 2023 to Mar 14, 2024
Individual clients · 1,127 to 1,145
Apr 6, 2023 to Mar 14, 2024
Employees · 6 to 5
Apr 6, 2023 to Mar 14, 2024
Financial planning clients · 26-50 to 101-250
Apr 6, 2023 to Mar 14, 2024
State-registered IARs · 6 to 5
Apr 6, 2023 to Mar 14, 2024
Discretionary RAUM · $221M to $249M
Apr 6, 2023 to Mar 14, 2024
HNW RAUM · $45.4M to $51.2M
Apr 6, 2023 to Mar 14, 2024
Individual RAUM · $142M to $165M
Apr 6, 2023 to Mar 14, 2024
Pooled vehicle RAUM · $32.6M to $32.3M
Apr 6, 2023 to Mar 14, 2024
RAUM · $221M to $249M
Apr 6, 2023 to Mar 14, 2024
Accounts · 1,834 to 1,933
Aug 12, 2022 to Mar 13, 2023
Advisory employees · 5 to 6
Aug 12, 2022 to Mar 13, 2023
BD registered reps · 5 to 6
Aug 12, 2022 to Mar 13, 2023
Corporate clients · 4 to 2
Aug 12, 2022 to Mar 13, 2023
HNW clients · 32 to 29
Aug 12, 2022 to Mar 13, 2023
Individual clients · 1,048 to 1,127
Aug 12, 2022 to Mar 13, 2023
Employees · 5 to 6
Aug 12, 2022 to Mar 13, 2023

Signals

4 dated events

Shane James Clarke left Fsc Wealth Advisors, Llc for Prosperity Capital Advisors (registered 2025-09-17)
Jun 1, 2026 · Advisor changed firm · fact
Neal Kulin Miller left Fsc Wealth Advisors, Llc for Geneos Wealth Management, Inc. (registered 2025-10-17)
Apr 1, 2026 · Advisor changed firm · fact
Fsc Wealth Advisors, Llc reported RAUM $122.3M, down 57% from $283.1M (2025-08-28 to 2026-03-30)
Mar 30, 2026 · RAUM change · derived
Robert Edward Jr. Hogan (Managing Member) no longer on Schedule A of Fsc Wealth Advisors, Llc (listed 2021-03-31, absent 2021-11-26)
Nov 26, 2021 · 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.

How to reach

public business contact points only, each with its source

Business email: fscinfo@fscwealthadvisors.comreportedpublished by the firm, firm site, Sep 16, 2026
Business email: sclarke@fscwealthadvisors.comreportedpublished by the firm, firm site, Sep 16, 2026
Business phone: 845-297-0300reportedpublished by the firm, firm site, Sep 16, 2026
Business phone: 845-297-0572reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile: LINKEDIN.COM/COMPANY/FSC-WEALTH-ADVISORS-LLCreportedpublic record, Form ADV, Sep 17, 2026
Website: FSCWEALTHADVISORS.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone: 845-297-0300reportedpublic record, Form ADV, Mar 30, 2026
Contact form: fscwealthadvisors.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
Team page: fscwealthadvisors.com/our-teamreportedpublished by the firm, firm site, Sep 16, 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: $40.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026