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
Fusion Capital, LLC
Latest filing Sep 15, 2026
First filing on the tape Mar 13, 2012 · 44 filings
SEC status approved since Apr 21, 2017
RAUM
$492M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$492M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$123M
derived; firm RAUM over IAPD count
Employees
6
4 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
44 filings and snapshots on the tape
RAUM$492M as of Mar 26, 2026
Mar 13, 2012$31.0M then
HNW client RAUM$311M as of Mar 26, 2026
Mar 27, 2018$111M then
State-registered IARs (5.B.3)4 as of Mar 26, 2026
Mar 13, 20120 then
Employees (5.A)6 as of Mar 26, 2026
Mar 27, 20185 then
Private funds: no history
RAUM +21% over the last fiscal year+22% a year over threeIARs 4 to 4offices 2 to 3
Practice profile
derived from the filing of Sep 15, 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
- RAUM per advisor
- $123MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 175derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.6MderivedHNW RAUM over HNW clients
- Average account
- $272,921derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 1.0derived4 offices incl. principal (1.F.5)
- RAUM growth, one year
- +21%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +3.9%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, selection of other advisersreportedItem 5.G
- Custody
- $492M, 700 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
- High-net-worth individuals$311M63%
- Individuals$182M37%
- Individual clients
- 582reported
- HNW clients
- 118reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 1,804reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $492M for 700 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Daniel Richard Webster | N. Myrtle Beach, Sc | Oct 14, 2010 | 18 y | 1 |
| Clint Edward Martin | Mt. Pleasant, Sc | Nov 26, 2014 | 15 y | 0 |
| Mark Richard Shaurette | North Charleston, Sc | Nov 16, 2015 | 21 y | 2 |
| Jason Michael MengelCertified Financial Planner | Mt. Pleasant, Sc | Jan 28, 2021 | 18 y | 1 |
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 headcount1 left over 36 months
Left, latest
- Gery Joseph Sadzewicz to PactolusJan 25, 2024 · Other
- Stephen Glynn Dyer to Motiv8 Investments LLCMar 31, 2021 · RIA to RIA
Joined, latest
- Jason Michael Mengel from American Investment ServicesJan 28, 2021 · Other
- Mark Richard Shaurette from Hynes Advisory Group LLCNov 16, 2015 · Other
- Daniel Richard Webster from American Investment ServicesOct 14, 2010 · Other
- Gery Joseph Sadzewicz from Chou America Management Inc.Sep 20, 2010 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Michael Jason Mengel · Managing Membercontrolsince 07/2010 · owns 50% to 75%
- Richard Daniel Webster · Managing Membercontrolsince 10/2010 · owns 50% to 75%
- Joseph Gery Sadzewicz · Chief Compliance Officersince 09/2010 · owns less than 5%
Related persons
Schedule D 7.A
- Mengel Financial Group, LLCreal estatey
- Webster Financial & Tax Advisory Groupinsurancereal estatey
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Mt Pleasant, Sc | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- North Myrtle Beach, SC2 employees
- Aiken, SC1 employees
What changed
consecutive filings, newest first
- Financial planning clients · 0 to 0Mar 26, 2026 to Sep 15, 2026
- Succession · false to unsetMar 26, 2026 to Sep 15, 2026
- Accounts · 1,809 to 1,804Dec 24, 2025 to Mar 26, 2026
- HNW clients · 107 to 118Dec 24, 2025 to Mar 26, 2026
- Individual clients · 567 to 582Dec 24, 2025 to Mar 26, 2026
- Assets in custody · $405M to $492MDec 24, 2025 to Mar 26, 2026
- Discretionary RAUM · $405M to $492MDec 24, 2025 to Mar 26, 2026
- HNW RAUM · $240M to $311MDec 24, 2025 to Mar 26, 2026
- Individual RAUM · $165M to $182MDec 24, 2025 to Mar 26, 2026
- RAUM · $405M to $492MDec 24, 2025 to Mar 26, 2026
- Financial planning clients · 0 to 0Mar 5, 2025 to Sep 10, 2025
- Other offices · 2 to 3Mar 5, 2025 to Sep 10, 2025
- Accounts · 1,758 to 1,809Mar 18, 2024 to Mar 5, 2025
- HNW clients · 30 to 107Mar 18, 2024 to Mar 5, 2025
- Individual clients · 700 to 567Mar 18, 2024 to Mar 5, 2025
- Assets in custody · $360M to $405MMar 18, 2024 to Mar 5, 2025
- Discretionary RAUM · $360M to $405MMar 18, 2024 to Mar 5, 2025
- HNW RAUM · $123M to $240MMar 18, 2024 to Mar 5, 2025
- Individual RAUM · $237M to $165MMar 18, 2024 to Mar 5, 2025
- RAUM · $360M to $405MMar 18, 2024 to Mar 5, 2025
- Accounts · 1,585 to 1,758Sep 28, 2023 to Mar 18, 2024
- Advisory employees · 3 to 4Sep 28, 2023 to Mar 18, 2024
- Advisory activities · 3 to 2Sep 28, 2023 to Mar 18, 2024
- HNW clients · 57 to 30Sep 28, 2023 to Mar 18, 2024
- Individual clients · 620 to 700Sep 28, 2023 to Mar 18, 2024
- Assets in custody · $233M to $360MSep 28, 2023 to Mar 18, 2024
- Employees · 7 to 6Sep 28, 2023 to Mar 18, 2024
- Discretionary RAUM · $274M to $360MSep 28, 2023 to Mar 18, 2024
- HNW RAUM · $121M to $123MSep 28, 2023 to Mar 18, 2024
- Individual RAUM · $152M to $237MSep 28, 2023 to Mar 18, 2024
- RAUM · $274M to $360MSep 28, 2023 to Mar 18, 2024
- Accounts · 1,466 to 1,585Dec 15, 2022 to Mar 28, 2023
- HNW clients · 77 to 57Dec 15, 2022 to Mar 28, 2023
- Individual clients · 568 to 620Dec 15, 2022 to Mar 28, 2023
- Assets in custody · $0 to $233MDec 15, 2022 to Mar 28, 2023
- Custody of client assets · false to trueDec 15, 2022 to Mar 28, 2023
- Discretionary RAUM · $282M to $274MDec 15, 2022 to Mar 28, 2023
- HNW RAUM · $97.7M to $121MDec 15, 2022 to Mar 28, 2023
- Individual RAUM · $185M to $152MDec 15, 2022 to Mar 28, 2023
- RAUM · $282M to $274MDec 15, 2022 to Mar 28, 2023
Signals
3 dated events
- Gery Joseph Sadzewicz left Fusion Capital, Llc for Pactolus (registered 2011-01-29)Jan 25, 2024 · Advisor changed firm · fact
- Fusion Capital, Llc reported RAUM $258.4M, up 82% from $141.7M (2019-10-25 to 2020-03-20)Mar 20, 2020 · RAUM change · derived
- Fusion Capital, Llc filed its initial SEC registration (Form ADV)Apr 17, 2017 · First SEC registration · 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
- Business email
- info@fusioncapital.netreportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 843-280-3730reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 843-972-0065reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 803-644-1214reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- FUSIONCAPITAL.NETreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 843-972-0065reportedpublic record, Form ADV, Sep 15, 2026
- Contact form
- FUSIONCAPITAL.NET/contact.phpreportedpublished by the firm, firm site, Sep 17, 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
- $123Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026