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

Parasol Investment Management, LLC

Former SEC-registered adviserWestmont, IllinoisCRD 156074SEC 801-72301IAPD
Latest filing Mar 28, 2016
First filing on the tape Mar 28, 2012 · 7 filings
RAUM
$122M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$122M as of Mar 28, 2016
Mar 28, 2012$108M then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Mar 28, 2016
Mar 28, 20120 then
Employees (5.A)1 as of Mar 28, 2016
Mar 28, 20133 then
Private funds: no history
RAUM -32% over the last fiscal year-1.5% a year over threeIARs 0 to 1
Practice profile
derived from the filing of Mar 28, 2016; every figure names its basis
RAUM per advisor
$122MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$977,375derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
0.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-32%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
125reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Ann Joy Gruber · Cio/Ccocontrol
    since 07/2015 · owns less than 5%
Entity owners
  • First Midwest Bancorp, Inc · Managing Member/Sole Member
    direct · owns 75% or more · public reporting company
Related persons
Schedule D 7.A
  • First Midwest Bank
    custodiann
Offices
Schedule D 1.F, the 25 largest
  • Joliet, IL
What changed
consecutive filings, newest first
  • Accounts · 185 to 125
    Jul 21, 2015 to Mar 28, 2016
  • State-registered IARs · 0 to 1
    Jul 21, 2015 to Mar 28, 2016
  • Discretionary RAUM · $179M to $122M
    Jul 21, 2015 to Mar 28, 2016
  • RAUM · $179M to $122M
    Jul 21, 2015 to Mar 28, 2016
  • Accounts · 160 to 185
    Mar 27, 2014 to Mar 27, 2015
  • Advisory employees · 2 to 1
    Mar 27, 2014 to Mar 27, 2015
  • Employees · 2 to 1
    Mar 27, 2014 to Mar 27, 2015
  • Discretionary RAUM · $169M to $179M
    Mar 27, 2014 to Mar 27, 2015
  • RAUM · $169M to $179M
    Mar 27, 2014 to Mar 27, 2015
  • Accounts · 106 to 160
    Aug 8, 2013 to Mar 27, 2014
  • Discretionary RAUM · $128M to $169M
    Aug 8, 2013 to Mar 27, 2014
  • RAUM · $128M to $169M
    Aug 8, 2013 to Mar 27, 2014
  • Employees · 3 to 2
    Mar 28, 2013 to Aug 8, 2013
  • Accounts · 98 to 106
    Mar 28, 2012 to Mar 28, 2013
  • Advisory employees · unset to 2.0
    Mar 28, 2012 to Mar 28, 2013
  • Employees · unset to 3.0
    Mar 28, 2012 to Mar 28, 2013
  • Discretionary RAUM · $104M to $128M
    Mar 28, 2012 to Mar 28, 2013
  • Non-discretionary RAUM · $4.0M to $0
    Mar 28, 2012 to Mar 28, 2013
  • RAUM · $108M to $128M
    Mar 28, 2012 to Mar 28, 2013
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.
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