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.

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SEC-registered adviser

A••••••• P••••••• L••

Other adviserChevy Chase, MarylandCRD 157700SEC 801-72413websiteIAPD
Latest filing Jul 2, 2026
First filing on the tape Feb 15, 2012 · 34 filings
SEC status approved since Jun 6, 2011
RAUM
$1.9B
reported, Item 5.F
Discretionary
23%
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
21
15 advisory (5.B.1)
Offices
7
beyond the principal office
Private funds
0
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$1.9B as of Jul 2, 2026
Apr 4, 2012$110M then
HNW client RAUM$0 as of Jul 2, 2026
Feb 28, 2018$0 then
State-registered IARs (5.B.3)0 as of Jul 2, 2026
Apr 4, 20120 then
Employees (5.A)21 as of Jul 2, 2026
Mar 22, 201342 then
Private funds: no history
RAUM -14% over the last fiscal year-12% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 2, 2026; every figure names its basis
Archetypes, each a printed rule
  • b••• affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
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
$18.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
23%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived8 offices incl. principal (1.F.5)
RAUM growth, one year
-14%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 assets, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, educational seminars, otherreportedItem 5.G
Custody
$4.9M, 106 clientsreportedItem 9.A
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • a related person has custody of client cash (9.B.1.a)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Banks and thrifts$1.9B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
107reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$4.9M for 106 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=0.0 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
      • B••••••••• L•••• H••••• · Co-Presidentcontrol
        since 01/2020 · owns less than 5%
      • H••••••• M••••••• A••••• · Chief Compliance Officer, Chief Financial Officer, Secretarycontrol
        since 02/2017 · owns less than 5%
      • O•••••••• H•••• M•••••• · Treasurercontrol
        since 01/2018 · owns less than 5%
      • T•••••• V•••••• · Co-Presidentcontrol
        since 01/2020 · owns less than 5%
      Entity owners
      • F•••••••• B••• · Member
        direct · owns 75% or more
      • F••••••••• I••• · Shareholder
        indirect · owns 75% or more of F•••••••• B•••
      Related persons
      Schedule D 7.A
      • F•••••••• B•••
        y
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 120 to 107
        Jun 30, 2025 to Mar 24, 2026
      • Advisory employees · 19 to 15
        Jun 30, 2025 to Mar 24, 2026
      • Assets in custody · $5.3M to $4.9M
        Jun 30, 2025 to Mar 24, 2026
      • Employees · 25 to 21
        Jun 30, 2025 to Mar 24, 2026
      • Discretionary RAUM · $375M to $440M
        Jun 30, 2025 to Mar 24, 2026
      • Non-discretionary RAUM · $1.9B to $1.5B
        Jun 30, 2025 to Mar 24, 2026
      • RAUM · $2.2B to $1.9B
        Jun 30, 2025 to Mar 24, 2026
      • Financial planning clients · unset to
        Mar 24, 2025 to Jun 30, 2025
      • Accounts · 131 to 120
        Jul 19, 2024 to Mar 24, 2025
      • Advisory employees · 16 to 19
        Jul 19, 2024 to Mar 24, 2025
      • Assets in custody · $8.1M to $5.3M
        Jul 19, 2024 to Mar 24, 2025
      • Employees · 23 to 25
        Jul 19, 2024 to Mar 24, 2025
      • Other offices · 6 to 7
        Jul 19, 2024 to Mar 24, 2025
      • Discretionary RAUM · $523M to $375M
        Jul 19, 2024 to Mar 24, 2025
      • Non-discretionary RAUM · $2.1B to $1.9B
        Jul 19, 2024 to Mar 24, 2025
      • RAUM · $2.6B to $2.2B
        Jul 19, 2024 to Mar 24, 2025
      • Accounts · 168 to 131
        Mar 30, 2023 to Mar 27, 2024
      • Advisory employees · 17 to 16
        Mar 30, 2023 to Mar 27, 2024
      • Assets in custody · $12.6M to $8.1M
        Mar 30, 2023 to Mar 27, 2024
      • Employees · 24 to 23
        Mar 30, 2023 to Mar 27, 2024
      • Discretionary RAUM · $629M to $523M
        Mar 30, 2023 to Mar 27, 2024
      • Non-discretionary RAUM · $2.3B to $2.1B
        Mar 30, 2023 to Mar 27, 2024
      • RAUM · $2.9B to $2.6B
        Mar 30, 2023 to Mar 27, 2024
      • Accounts · 171 to 168
        Nov 8, 2022 to Mar 30, 2023
      • Advisory employees · 39 to 17
        Nov 8, 2022 to Mar 30, 2023
      • Assets in custody · $10.4M to $12.6M
        Nov 8, 2022 to Mar 30, 2023
      • Employees · 55 to 24
        Nov 8, 2022 to Mar 30, 2023
      • Other offices · 4 to 6
        Nov 8, 2022 to Mar 30, 2023
      • Discretionary RAUM · $705M to $629M
        Nov 8, 2022 to Mar 30, 2023
      • Non-discretionary RAUM · $1.4B to $2.3B
        Nov 8, 2022 to Mar 30, 2023
      • RAUM · $2.1B to $2.9B
        Nov 8, 2022 to Mar 30, 2023
      • Accounts · 150 to 171
        Mar 28, 2021 to Mar 30, 2022
      • Advisory employees · 28 to 39
        Mar 28, 2021 to Mar 30, 2022
      • Assets in custody · $1.6M to $10.4M
        Mar 28, 2021 to Mar 30, 2022
      • Employees · 38 to 55
        Mar 28, 2021 to Mar 30, 2022
      • Other offices · 5 to 4
        Mar 28, 2021 to Mar 30, 2022
      • Discretionary RAUM · $220M to $705M
        Mar 28, 2021 to Mar 30, 2022
      • Non-discretionary RAUM · $1.4B to $1.4B
        Mar 28, 2021 to Mar 30, 2022
      • RAUM · $1.6B to $2.1B
        Mar 28, 2021 to Mar 30, 2022
      • Accounts · 143 to 150
        Mar 24, 2020 to Mar 28, 2021
      Signals
      9 dated events
      • A••••••• P••••••• L•• reported RAUM $2.9B, up 37% from $2.1B (2022-11-08 to 2023-03-30)
        Mar 30, 2023 · RAUM change · derived
      • K••• O•••••• (Chief Legal Officer) no longer on Schedule A of A••••••• P••••••• L•• (listed 2022-11-08, absent 2023-03-30)
        Mar 30, 2023 · Control person left · inference
      • Marie Anne Balcer (Chief Legal Officer) no longer on Schedule A of A••••••• P••••••• L•• (listed 2022-06-08, absent 2022-07-15)
        Jul 15, 2022 · Control person left · inference
      • K••• O•••••• (Chief Legal Officer) appeared on Schedule A of A••••••• P••••••• L••
        Jul 15, 2022 · Control person joined · fact
      • A••••••• P••••••• L•• reported RAUM $2.1B, up 33% from $1.6B (2021-03-28 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      • A••••••• P••••••• L•• reported RAUM $1.6B, up 26% from $1.3B (2020-03-24 to 2021-03-28)
        Mar 28, 2021 · RAUM change · derived
      • Frank Donald Cole (President) no longer on Schedule A of A••••••• P••••••• L•• (listed 2019-03-29, absent 2020-03-24)
        Mar 24, 2020 · Control person left · inference
      • Heller Lori Bettinger (Co-President) appeared on Schedule A of A••••••• P••••••• L••
        Mar 24, 2020 · Control person joined · fact
      • Vincent Twomey (Co-President) appeared on Schedule A of A••••••• P••••••• L••
        Mar 24, 2020 · Control person joined · 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
      Firm profile
      linkedin.com/company/bancalliancereportedpublic record, Form ADV, Sep 18, 2026
      Website
      BANCA•••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      301-232-5400reportedpublic record, Form ADV, Jul 2, 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
      Other 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