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

Sgl Financial, LLC

Independent wealth managerBuffalo Grove, IllinoisCRD 158023SEC 801-96223websiteIAPD
Latest filing Jun 4, 2026
First filing on the tape Apr 24, 2015 · 63 filings
SEC status approved since May 29, 2015
RAUM
$416M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$414M individuals and HNW
Advisors
14
registered through the firm on IAPD
RAUM per advisor
$29.7M
derived; firm RAUM over IAPD count
Employees
33
13 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
63 filings and snapshots on the tape
RAUM$416M as of Jun 4, 2026
Mar 29, 2016$54.4M then
HNW client RAUM$192M as of Jun 4, 2026
Mar 14, 2018$43.0M then
State-registered IARs (5.B.3)13 as of Jun 4, 2026
Mar 29, 201628 then
Employees (5.A)33 as of Jun 4, 2026
Mar 29, 201628 then
Private funds: no history
RAUM +90% over the last fiscal year+35% a year over threeIARs 15 to 13
Practice profile
derived from the filing of Jun 4, 2026; every figure names its basis
Archetypes, each a printed rule
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
RAUM per advisor
$29.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
63derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$153,339derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.4derivedItem 5.A over advisors
Advisors per office
3.5derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+90%derivedbetween the last two annual amendments
Advisor growth, one year
-13%derivedItem 5.B.3 between annual amendments
Client growth, one year
-22%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, publications, educational seminarsreportedItem 5.G
Financial planning clients
500reportedItem 5.H
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$222M53%
  • High-net-worth individuals$192M46%
  • Pension and profit-sharing plans$1.9M0.5%
Individual clients
795reported
HNW clients
88reported
Pension plan clients
1reported
Charitable clients
0reported
Accounts
2,713reported
Financial planning clients
500reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
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
14 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Gabriel David LewitBuffalo Grove, IlJun 21, 201120 y1
Roger Jay CowenChartered Financial ConsultantWest Hartford, Ct Oct 19, 201246 y2
Steven Richard LewitBuffalo Grove, IlApr 16, 201335 y0
Dylan Jacob CowenBuffalo Grove, Il Jun 12, 201316 y0
Steven James ThomasBuffalo Grove, IlJan 9, 201542 y0
David SchmitzRhinelandar, WiMay 14, 201532 y0
Melvin LubelskiBuffalo Grove, IlJun 13, 202225 y3
Robert Joel EisenbergBuffalo Grove, IlAug 12, 202221 y5
Martin William KohlieberBuffalo Grove, IlJul 20, 202310 y0
Robert Duayne MooreNorman, OkSep 18, 202435 y2
Dominic Daniel DemiccoBuffalo Grove, IlFeb 18, 202511 y2
Rahul Prakash ShirahattiBuffalo Grove, IlJun 11, 202512 y1
Lavonte JonesBuffalo Grove, IlMar 20, 202610 y0
Kaleb GandyBuffalo Grove, IlJun 5, 202612 y1
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 7.1% of current headcount5 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • David Gabriel Lewit · Chief Executive Officercontrol
      since 05/2011 · owns 25% to 50%
    • Richard Steven Lewit · Ownercontrol
      since 05/2011 · owns 25% to 50%
    • James Steven Thomas · Chief Operating Officer / Chief Compliance Officercontrol
      since 07/2014 · owns 10% to 25%
    Related persons
    Schedule D 7.A
    • Sgl Financial
      real estaten
    • Sgl Tax Advisory, LLC
      insurancey
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Buffalo Grove, Il · principal1221
    West Hartford, Ct200
    Lewes, De000
    Offices
    Schedule D 1.F, the 25 largest
    • Hamilton, NJ2 employees
    • Lewes, DE2 employees
    • West Hartford, CT2 employees
    • Fredricksburg, VA1 employees
    • Norman, OK1 employees
    • Rhinelander, WI1 employees
    ADV anomalies
    3 against comparable advisers; where to look, not conclusions
    • clients down average size upCombination · filing Apr 30, 2026
      private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $218,580,905 to $416,008,260, advisors 15 to 13, private clients 1135 to 883, offices 3 to 3 (2025-03-25 to 2026-04-30)
      peers: independent wealth managers, $100M to $500M (5,676)
    • account count surgeChange between filings · filing Apr 30, 2026
      accounts (Item 5.F.2.f) moved from 1,251.0 to 2,713.0 (+117.0%) between the annual amendments of 2025-03-25 and 2026-04-30; the peer median change was +5.0% (3688 comparable advisers, 98.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (3,688) · 98% percentile
    • RAUM up 50 %Change between filings · filing Apr 30, 2026
      RAUM (Item 5.F) moved from $218,580,905 to $416,008,260 (+90.0%) between the annual amendments of 2025-03-25 and 2026-04-30; the peer median change was +15.0% (4551 comparable advisers, 99.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (4,551) · 99% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 1,745 to 2,713
      Mar 16, 2026 to Apr 30, 2026
    • HNW clients · 85 to 88
      Mar 16, 2026 to Apr 30, 2026
    • Individual clients · 424 to 795
      Mar 16, 2026 to Apr 30, 2026
    • Discretionary RAUM · $210M to $414M
      Mar 16, 2026 to Apr 30, 2026
    • HNW RAUM · $117M to $192M
      Mar 16, 2026 to Apr 30, 2026
    • Individual RAUM · $93.4M to $222M
      Mar 16, 2026 to Apr 30, 2026
    • Non-discretionary RAUM · $1.9M to $1.9M
      Mar 16, 2026 to Apr 30, 2026
    • Pension RAUM · $1.9M to $1.9M
      Mar 16, 2026 to Apr 30, 2026
    • RAUM · $212M to $416M
      Mar 16, 2026 to Apr 30, 2026
    • Accounts · 1,251 to 1,745
      Feb 9, 2026 to Mar 16, 2026
    • Advisory employees · 15 to 13
      Feb 9, 2026 to Mar 16, 2026
    • HNW clients · 466 to 85
      Feb 9, 2026 to Mar 16, 2026
    • Individual clients · 669 to 424
      Feb 9, 2026 to Mar 16, 2026
    • Employees · 31 to 33
      Feb 9, 2026 to Mar 16, 2026
    • State-registered IARs · 15 to 13
      Feb 9, 2026 to Mar 16, 2026
    • Discretionary RAUM · $217M to $210M
      Feb 9, 2026 to Mar 16, 2026
    • HNW RAUM · $89.0M to $117M
      Feb 9, 2026 to Mar 16, 2026
    • Individual RAUM · $128M to $93.4M
      Feb 9, 2026 to Mar 16, 2026
    • Non-discretionary RAUM · $1.5M to $1.9M
      Feb 9, 2026 to Mar 16, 2026
    • Pension RAUM · $1.5M to $1.9M
      Feb 9, 2026 to Mar 16, 2026
    • RAUM · $219M to $212M
      Feb 9, 2026 to Mar 16, 2026
    • Financial planning clients · More than 500 to More than 500
      Mar 25, 2025 to May 20, 2025
    • Accounts · 1,524 to 1,251
      Jan 14, 2025 to Mar 25, 2025
    • Advisory employees · 16 to 15
      Jan 14, 2025 to Mar 25, 2025
    • HNW clients · 203 to 466
      Jan 14, 2025 to Mar 25, 2025
    • Individual clients · 305 to 669
      Jan 14, 2025 to Mar 25, 2025
    • Employees · 23 to 31
      Jan 14, 2025 to Mar 25, 2025
    • State-registered IARs · 16 to 15
      Jan 14, 2025 to Mar 25, 2025
    • Other offices · 5 to 3
      Jan 14, 2025 to Mar 25, 2025
    • Discretionary RAUM · $214M to $217M
      Jan 14, 2025 to Mar 25, 2025
    • HNW RAUM · $87.2M to $89.0M
      Jan 14, 2025 to Mar 25, 2025
    • Individual RAUM · $126M to $128M
      Jan 14, 2025 to Mar 25, 2025
    • Non-discretionary RAUM · $0 to $1.5M
      Jan 14, 2025 to Mar 25, 2025
    • Pension RAUM · $1.3M to $1.5M
      Jan 14, 2025 to Mar 25, 2025
    • RAUM · $214M to $219M
      Jan 14, 2025 to Mar 25, 2025
    • Employees · 19 to 23
      Mar 30, 2024 to Jan 14, 2025
    • Other offices · 6 to 5
      Mar 30, 2024 to Jan 14, 2025
    • Accounts · 1,283 to 1,524
      Mar 14, 2023 to Mar 30, 2024
    • Advisory employees · 12 to 16
      Mar 14, 2023 to Mar 30, 2024
    • HNW clients · 347 to 203
      Mar 14, 2023 to Mar 30, 2024
    Signals
    11 dated events
    • Sgl Financial, Llc reported RAUM $416.0M, up 96% from $211.8M (2026-03-16 to 2026-04-30)
      Apr 30, 2026 · RAUM change · derived
    • Bryan Tyrell Stiger left Sgl Financial, Llc for Wellment Financial (registered 2025-11-10)
      Sep 23, 2025 · Advisor changed firm · fact
    • Joseph M Mcgraw left Sgl Financial, Llc for Morgan Stanley (registered 2025-03-06)
      May 27, 2025 · Advisor changed firm · fact
    • Shane Mark Scott left Sgl Financial, Llc for Turner Financial Group, Inc. (registered 2024-07-25)
      Aug 5, 2024 · Advisor changed firm · fact
    • Ryan Michael Filiaggi left Sgl Financial, Llc for Turner Financial Group, Inc. (registered 2024-07-31)
      Aug 5, 2024 · Advisor changed firm · fact
    • Leonard Peter Hayduchok left Sgl Financial, Llc for Dedicated Financial Services Llc (registered 2017-08-23)
      Aug 5, 2024 · Advisor changed firm · fact
    • 2 advisors left Sgl Financial, LLC (Lewes, DE) for Turner Financial Group, Inc. on the same day
      Aug 5, 2024 · Team lift-out · derived
    • Anh Hamilton left Sgl Financial, Llc for Ns Capital, Llc (registered 2023-03-13)
      Feb 24, 2023 · Advisor changed firm · fact
    • Thomas Chrobak left Sgl Financial, Llc for Gradient Advisors, Llc (registered 2022-02-11)
      Apr 4, 2022 · Advisor changed firm · fact
    • Sgl Financial, Llc reported 10 offices beyond its principal office, down from 22 (2019-11-06 to 2020-02-07)
      Feb 7, 2020 · Office count change · derived
    • Wealth Financial Advisory Services, Llc filed its initial SEC registration (Form ADV)
      Apr 24, 2015 · 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
    Firm profile
    linkedin.com/company/sglfinancialreportedpublic record, Form ADV, Sep 17, 2026
    Website
    share.google/HOQKv6W7RIGGBW0w5reportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    8474993330reportedpublic record, Form ADV, Jun 4, 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
    $29.7Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026