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
Aspen Grove Capital, LLC
Latest filing Sep 14, 2026
First filing on the tape May 24, 2013 · 21 filings
SEC status approved since May 31, 2013
RAUM
$6.7B
reported, Item 5.F
Discretionary
83%
of RAUM
Private clients
100%
$6.6B individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$741M
derived; firm RAUM over IAPD count
Employees
22
12 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$6.7B as of Mar 31, 2026
Mar 24, 2014$1.4B then
HNW client RAUM$5.8B as of Mar 31, 2025
Mar 29, 2018$2.8B then
State-registered IARs (5.B.3)7 as of Mar 31, 2026
Mar 24, 20141 then
Employees (5.A)22 as of Mar 31, 2026
Mar 24, 20144 then
Private funds2 as of Mar 31, 2026
Mar 31, 20232 then
RAUM +15% over the last fiscal year+13% a year over threeIARs 8 to 7
Practice profile
derived from the filing of Sep 14, 2026; every figure names its basis
Archetypes, each a printed rule
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $741MderivedRAUM 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
- $2.0MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 83%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.4derivedItem 5.A over advisors
- Advisors per office
- 4.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +15%derivedbetween the last two annual amendments
- Advisor growth, one year
- -13%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisers, otherreportedItem 5.G
- Custody
- $6.6B, 38 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)
- 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)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$6.6B100%
- Pooled investment vehicles$23.4M0.4%
- Individual clients
- 40reported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 3,287reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $6.6B for 38 clientsreported
- Compensation
- % of AUM, fixedreported
- 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
9 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Leo Joseph KraunelisChartered Financial Analyst | Avon, Co | Sep 1, 2018 | 10 y | 0 |
| Adam Charles JoiceCertified Financial Planner | Avon, Co | Feb 20, 2019 | 10 y | 0 |
| Jesse Sage PoznikowichChartered Financial Analyst | Avon, Co | Oct 22, 2021 | 11 y | 0 |
| Burton Snyder Wiand | Avon, Co | Jan 1, 2025 | 16 y | 4 |
| Jeffrey Clayton Kirwood | Avon, Co | Jan 1, 2025 | 15 y | 1 |
| Courtney Marie Ringlein | Avon, Co | Jan 5, 2026 | 14 y | 0 |
| Natalie Anne MillerChartered Financial Analyst | Englewood, Co | Mar 12, 2026 | 13 y | 1 |
| Lydia Smith | Avon, Co | Jul 28, 2026 | 12 y | 1 |
| Michael Ryan Barondess | Denver, Co | Sep 6, 2026 | 10 y | 0 |
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 11% of current headcount2 left over 36 months
Left, latest
- James Martin Elliott to Alpine Crest Private Wealth LLCFeb 2, 2026 · RIA to a state-registered adviser
- Jack Burns to Ieq Capital, LLCJan 8, 2025 · RIA to RIA
Joined, latest
- Natalie Anne Miller from Innovest Portfolio Solutions LLCMar 12, 2026 · Other
- Burton Snyder Wiand from Yale Capital Corp.Jan 1, 2025 · RIA to RIA
- Jack Burns from Epiq Capital Group, LLCMay 9, 2024 · RIA to RIA
Private funds
2 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Agc Blockchain, LLC | Hedge Fund | $16.5M | 17 | Mar 31, 2023 |
| Agc Kslcp Vi, LLC | Hedge Fund | $6.9M | 20 | Mar 31, 2023 |
Owners and control persons
Schedule A and B, latest filing
- Jess Richard Geisman · Chief Compliance Officercontrolsince 02/2013 · owns 10% to 25%
- Clayton Jeffrey Kirwood · Trustee Of Aspen Grove Trustcontrolsince 05/2017 · owns less than 5%
Entity owners
- Aspen Grove Trust · Memberdirect · owns 10% to 25%
Related persons
Schedule D 7.A
- Aspen Grove Capital Partners, LLCpooled vehicle sponsorn
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Avon, Co · principal | 9 | 4 | 1 |
Offices
Schedule D 1.F, the 25 largest
- Englewood, CO2 employees
What changed
consecutive filings, newest first
- Financial planning clients · 26-50 to 26-50Mar 31, 2026 to Sep 4, 2026
- Private funds · 2 to unsetMar 31, 2026 to Sep 4, 2026
- Succession · false to unsetMar 31, 2026 to Sep 4, 2026
- Accounts · 2,970 to 3,287Mar 31, 2025 to Mar 31, 2026
- Advisory employees · 11 to 12Mar 31, 2025 to Mar 31, 2026
- HNW clients · 37.0 to unsetMar 31, 2025 to Mar 31, 2026
- Individual clients · unset to 40.0Mar 31, 2025 to Mar 31, 2026
- Assets in custody · $5.7B to $6.6BMar 31, 2025 to Mar 31, 2026
- Employees · 21 to 22Mar 31, 2025 to Mar 31, 2026
- State-registered IARs · 8 to 7Mar 31, 2025 to Mar 31, 2026
- Discretionary RAUM · $4.8B to $5.5BMar 31, 2025 to Mar 31, 2026
- HNW RAUM · 5783919960.0 to unsetMar 31, 2025 to Mar 31, 2026
- Individual RAUM · unset to 6646508962.0Mar 31, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $1.0B to $1.1BMar 31, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $17.6M to $23.4MMar 31, 2025 to Mar 31, 2026
- RAUM · $5.8B to $6.7BMar 31, 2025 to Mar 31, 2026
- Accounts · 2,618 to 2,970Mar 29, 2024 to Mar 31, 2025
- Advisory employees · 10 to 11Mar 29, 2024 to Mar 31, 2025
- Advisory activities · 4 to 5Mar 29, 2024 to Mar 31, 2025
- HNW clients · 35 to 37Mar 29, 2024 to Mar 31, 2025
- Assets in custody · $5.2B to $5.7BMar 29, 2024 to Mar 31, 2025
- Employees · 20 to 21Mar 29, 2024 to Mar 31, 2025
- Financial planning clients · unset to 26-50Mar 29, 2024 to Mar 31, 2025
- Discretionary RAUM · $4.0B to $4.8BMar 29, 2024 to Mar 31, 2025
- HNW RAUM · $5.2B to $5.8BMar 29, 2024 to Mar 31, 2025
- Non-discretionary RAUM · $1.2B to $1.0BMar 29, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $34.9M to $17.6MMar 29, 2024 to Mar 31, 2025
- RAUM · $5.2B to $5.8BMar 29, 2024 to Mar 31, 2025
- Accounts · 2,184 to 2,618Aug 29, 2023 to Mar 29, 2024
- Advisory employees · 9 to 10Aug 29, 2023 to Mar 29, 2024
- Advisory activities · 5 to 4Aug 29, 2023 to Mar 29, 2024
- HNW clients · 21 to 35Aug 29, 2023 to Mar 29, 2024
- Assets in custody · $4.6B to $5.2BAug 29, 2023 to Mar 29, 2024
- Employees · 14 to 20Aug 29, 2023 to Mar 29, 2024
- State-registered IARs · 5 to 8Aug 29, 2023 to Mar 29, 2024
- Discretionary RAUM · $3.4B to $4.0BAug 29, 2023 to Mar 29, 2024
- HNW RAUM · $4.6B to $5.2BAug 29, 2023 to Mar 29, 2024
- Non-discretionary RAUM · $1.2B to $1.2BAug 29, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $30.5M to $34.9MAug 29, 2023 to Mar 29, 2024
- RAUM · $4.6B to $5.2BAug 29, 2023 to Mar 29, 2024
Signals
4 dated events
- James Martin Elliott left Aspen Grove Capital, Llc for Alpine Crest Private Wealth Llc (registered 2026-05-06)Feb 2, 2026 · Advisor changed firm · fact
- Jack Burns left Aspen Grove Capital, Llc for Ieq Capital, Llc (registered 2025-05-21)Jan 8, 2025 · Advisor changed firm · fact
- Aspen Grove Capital, Llc reported RAUM $5.0B, up 33% from $3.7B (2022-01-11 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- Aspen Grove Capital, Llc filed its initial SEC registration (Form ADV)May 24, 2013 · 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 phone
- 970-688-4188reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- linkedin.com/company/aspen-grove-capital-llcreportedpublic record, Form ADV, Sep 18, 2026
- Website
- aspengrovellc.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 970-688-4188reportedpublic record, Form ADV, Sep 14, 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
- $741Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026