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

Clearshares LLC

Asset manager (funds and pooled vehicles)Marco Island, FloridaCRD 157531SEC 801-72414websiteIAPD
Latest filing Aug 19, 2026
First filing on the tape Mar 28, 2012 · 42 filings
SEC status approved since Jun 29, 2011
RAUM
$382M
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
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$382M as of Aug 19, 2026
Mar 28, 2012$25.1M then
HNW client RAUM$0 as of Aug 19, 2026
Mar 28, 2018$0 then
State-registered IARs (5.B.3)0 as of Aug 19, 2026
Mar 28, 20120 then
Employees (5.A)3 as of Aug 19, 2026
Mar 5, 20133 then
Private funds1 as of Mar 29, 2019
Mar 28, 20121 then
RAUM +0.5% over the last fiscal year-8.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Aug 19, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM 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
$127MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+0.5%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 investment companiesreportedItem 5.G
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$382M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
3reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
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
      • J. Frank Codey · Coocontrol
        since 10/2019 · owns less than 5%
      • Edward Thomas Deegan · Ceocontrol
        since 01/2017 · owns less than 5%
      • Alan Walter Gilmore · Chief Compliance Officercontrol
        since 03/2011 · owns less than 5%
      • J. Frank Codey · Membercontrol
        since 10/2009 · owns 75% or more of The Colt Group, LLC
      • Edward Thomas Deegan · Sole Membercontrol
        since 10/2023 · owns 75% or more of Duiske Holdiings, LLC
      • Patrick James Fortescue · Managing Membercontrol
        since 01/2020 · owns F of Jjkkp Holdings, LLC
      Entity owners
      • Duiske Holdiings, LLC · Member
        direct · owns 25% to 50%
      • Base A LLC · Member
        indirect · owns 25% to 50% of Jjkkp Holdings, LLC
      • Digital Currency Group, Inc. · Member
        indirect · owns 75% or more of Grayscale Investments, LLC
      • Jpd Legacy One · Member
        indirect · owns 25% to 50% of Jjkkp Holdings, LLC
      • Grayscale Investments, LLC · Member
        direct · owns 10% to 25%
      • Jjkkp Holdings, LLC · Member
        direct · owns 10% to 25%
      • The Colt Group, LLC · Member
        direct · owns 10% to 25%
      Related persons
      Schedule D 7.A
      Advisers that list Clearshares LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $381M to $382M
        Feb 11, 2025 to Mar 25, 2026
      • RAUM · $381M to $382M
        Feb 11, 2025 to Mar 25, 2026
      • Financial planning clients · 0 to 0
        Feb 22, 2024 to Feb 11, 2025
      • Discretionary RAUM · $406M to $381M
        Feb 22, 2024 to Feb 11, 2025
      • RAUM · $406M to $381M
        Feb 22, 2024 to Feb 11, 2025
      • Discretionary RAUM · $498M to $406M
        Feb 2, 2024 to Feb 22, 2024
      • RAUM · $498M to $406M
        Feb 2, 2024 to Feb 22, 2024
      • Discretionary RAUM · $504M to $498M
        Jan 25, 2023 to Mar 3, 2023
      • RAUM · $504M to $498M
        Jan 25, 2023 to Mar 3, 2023
      • HQ city · NEW YORK to MARCO ISLAND
        Jan 24, 2022 to Jun 8, 2022
      • HQ state · NY to FL
        Jan 24, 2022 to Jun 8, 2022
      • Advisory employees · 5 to 1
        Oct 22, 2021 to Jan 24, 2022
      • Employees · 8 to 3
        Oct 22, 2021 to Jan 24, 2022
      • Insurance-licensed employees · 2 to 0
        Oct 22, 2021 to Jan 24, 2022
      • Discretionary RAUM · $313M to $504M
        Oct 22, 2021 to Jan 24, 2022
      • RAUM · $313M to $504M
        Oct 22, 2021 to Jan 24, 2022
      • Discretionary RAUM · $274M to $313M
        Mar 26, 2021 to Apr 23, 2021
      • RAUM · $274M to $313M
        Mar 26, 2021 to Apr 23, 2021
      • Discretionary RAUM · $272M to $274M
        Nov 9, 2020 to Mar 26, 2021
      • RAUM · $272M to $274M
        Nov 9, 2020 to Mar 26, 2021
      • Related adviser · false to true
        Nov 9, 2020 to Mar 26, 2021
      • Accounts · 2 to 3
        Aug 18, 2020 to Nov 9, 2020
      • Advisory employees · 4 to 5
        Aug 18, 2020 to Nov 9, 2020
      • Employees · 7 to 8
        Aug 18, 2020 to Nov 9, 2020
      • Insurance-licensed employees · 0 to 2
        Aug 18, 2020 to Nov 9, 2020
      • Discretionary RAUM · $202M to $272M
        Aug 18, 2020 to Nov 9, 2020
      • RAUM · $202M to $272M
        Aug 18, 2020 to Nov 9, 2020
      • Advisory activities · 2 to 1
        Feb 20, 2020 to Mar 30, 2020
      • Discretionary RAUM · $204M to $202M
        Feb 20, 2020 to Mar 30, 2020
      • RAUM · $204M to $202M
        Feb 20, 2020 to Mar 30, 2020
      • Accounts · 3 to 2
        Nov 6, 2019 to Dec 23, 2019
      • Discretionary RAUM · $140M to $204M
        Nov 6, 2019 to Dec 23, 2019
      • RAUM · $140M to $204M
        Nov 6, 2019 to Dec 23, 2019
      • Accounts · 18 to 3
        Mar 29, 2019 to Jun 28, 2019
      • Advisory activities · 3 to 2
        Mar 29, 2019 to Jun 28, 2019
      • Pooled vehicle clients · 1 to 0
        Mar 29, 2019 to Jun 28, 2019
      • Private funds · 1 to unset
        Mar 29, 2019 to Jun 28, 2019
      • Discretionary RAUM · $182M to $140M
        Mar 29, 2019 to Jun 28, 2019
      • Pooled vehicle RAUM · $53.8M to $0
        Mar 29, 2019 to Jun 28, 2019
      • RAUM · $182M to $140M
        Mar 29, 2019 to Jun 28, 2019
      Signals
      7 dated events
      • Edward Thomas Deegan (Ceo) appeared on Schedule A of Clearshares Llc
        Feb 2, 2024 · Control person joined · fact
      • Clearshares Llc reported RAUM $503.6M, up 61% from $312.5M (2021-10-22 to 2022-01-24)
        Jan 24, 2022 · RAUM change · derived
      • Patrick James Fortescue (Managing Member) appeared on Schedule A of Clearshares Llc
        Feb 13, 2020 · Control person joined · fact
      • Wakefield Elliott Wislar (Elected Manager) no longer on Schedule A of Clearshares Llc (listed 2019-12-23, absent 2020-02-13)
        Feb 13, 2020 · Control person left · inference
      • Deforrest James Bishop (Elected Manager) no longer on Schedule A of Clearshares Llc (listed 2019-12-23, absent 2020-02-13)
        Feb 13, 2020 · Control person left · inference
      • J. Frank Codey (Coo) appeared on Schedule A of Clearshares Llc
        Oct 31, 2019 · Control person joined · fact
      • Chan Timothy Ng (Managing Director) no longer on Schedule A of Clearshares Llc (listed 2019-03-29, absent 2019-06-28)
        Jun 28, 2019 · 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
      Website
      CLEAR-SHARES.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      212-292-0959reportedpublic record, Form ADV, Aug 19, 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026