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
Naples Global Advisors
Legal name Naples Global Advisors LLC
Latest filing May 18, 2026
First filing on the tape Jan 30, 2012 · 32 filings
SEC status approved since Aug 4, 2011
RAUM
$2.0B
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
97%
$1.9B individuals and HNW
Advisors
16
registered through the firm on IAPD
RAUM per advisor
$125M
derived; firm RAUM over IAPD count
Employees
20
11 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$2.0B as of May 18, 2026
Jan 30, 2012$135M then
HNW client RAUM$1.9B as of May 18, 2026
Mar 26, 2018$531M then
State-registered IARs (5.B.3)16 as of May 18, 2026
Jan 30, 20120 then
Employees (5.A)20 as of May 18, 2026
Jan 31, 20135 then
Private funds: no history
RAUM +21% over the last fiscal year+17% a year over threeIARs 15 to 16
Practice profile
derived from the filing of May 18, 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
- $125MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 18derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $7.6MderivedHNW RAUM over HNW clients
- Average account
- $1.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 1.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 8.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +21%derivedbetween the last two annual amendments
- Advisor growth, one year
- +6.7%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +2.5%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individualsreportedItem 5.G
- Custody
- $556M, 80 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)
- 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
- High-net-worth individuals$1.9B96%
- Charitable organizations$31.8M1.6%
- Corporations and businesses$20.2M1.0%
- Individuals$18.7M0.9%
- Pension and profit-sharing plans$5.5M0.3%
- Individual clients
- 34reported
- HNW clients
- 252reported
- Pension plan clients
- 0reported
- Charitable clients
- 13reported
- Accounts
- 1,791reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $556M for 80 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.97 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
16 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| John Mixon SuddethChartered Financial Analyst | Naples, Fl | Nov 21, 2014 | 39 y | 1 |
| Grzegorz Stefan DebskiChartered Financial Analyst | Naples, Fl | Jan 28, 2015 | 13 y | 0 |
| Michael H. Morris | Naples, Fl | Feb 19, 2015 | 15 y | 0 |
| Kerry Mcguire Geroy | Naples, Fl | Jan 7, 2016 | 15 y | 0 |
| Isaac Earl William CodreyChartered Financial Analyst | Naples, Fl | Feb 2, 2017 | 17 y | 1 |
| Andrew Boyd HartlineChartered Financial Analyst | Vero Beach, Fl | Jul 31, 2017 | 26 y | 0 |
| David Ward GriffisChartered Financial Analyst | Vero Beach, Fl | Aug 9, 2017 | 37 y | 2 |
| Sara Brittney Perkins | Naples, Fl | Jun 4, 2018 | 14 y | 0 |
| Kelly Kramer WalkerCertified Financial Planner | Naples, Fl | Mar 5, 2020 | 10 y | 0 |
| John Kent Cheesborough | Naples, Fl | Apr 30, 2021 | 15 y | 0 |
| Austin Kimball Herzer | Naples, Fl | Nov 7, 2022 | 13 y | 0 |
| James Christopher DavisCertified Financial Planner | Vero Beach, Fl | May 12, 2023 | 30 y | 5 |
| Thomas Wyatt RussoChartered Financial Analyst | Naples, Fl | Jun 13, 2023 | 15 y | 0 |
| Juan Jose Botero | Naples, Fl | May 21, 2025 | 13 y | 0 |
| Henry Joseph Venker | Naples, Fl | Jul 9, 2025 | 12 y | 0 |
| Matthew OleksakCertified Financial Planner | Naples, Fl | Jan 22, 2026 | 13 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
Left, latest
- Kailey J Gunderson to Merrill Lynch, Pierce, Fenner & Smith IncorporatedJun 16, 2025 · RIA to wirehouse
- Jason R Rundorff to Hbks Wealth AdvisorsJan 21, 2025 · RIA to RIA
- Dominick Joseph Vender to Mycio Wealth Partners, LLCJan 3, 2023 · RIA to RIA
- Ryan Michael Gavin to Summit Wealth Partners, LLCAug 26, 2021 · RIA to RIA
Joined, latest
- James Christopher Davis from Fidelity Personal And Workplace AdvisorsMay 12, 2023 · Affiliated broker-dealer or bank to independent RIA
- Jason R Rundorff from Hbks Wealth AdvisorsDec 21, 2018 · RIA to RIA
- David Ward Griffis from Natcity Investments, Inc.Aug 9, 2017 · Other
- Isaac Earl William Codrey from Raymond James & Associates, Inc.Feb 2, 2017 · Other
- John Mixon Suddeth from Naples Capital AdvisorsNov 21, 2014 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Stefan Grzegorz Debski · Firm Principalcontrolsince 01/2020 · owns 10% to 25%
- H. Michael Morris · Chief Executive Officer, Managing Membercontrolsince 06/2011 · owns 10% to 25%
- Mixon John Suddeth · Chief Investment Officer, Managing Membercontrolsince 06/2011 · owns 10% to 25%
- Kramer Kelly Walker · Chief Compliance Officer, Firm Principalcontrolsince 03/2025 · owns 5% to 10%
- Earl William Isaac Codrey · Firm Principalsince 01/2020 · owns 10% to 25%
- Mcguire Kerry Geroy · Firm Principalsince 12/2011 · owns 5% to 10%
- Wyatt Thomas Russo · Firm Principalsince 01/2025 · owns 10% to 25%
Entity owners
- Liberty Trust · Passive Ownerdirect · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Naples, Fl · principal | 13 | 1 | 0 | ||
| Vero Beach, Fl | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Vero Beach, FL2 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing May 18, 2026WALKER, KELLY, KRAMER (CHIEF COMPLIANCE OFFICER, FIRM PRINCIPAL) appeared on Schedule A between the filings of 2022-03-23 and 2026-05-18peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 1,688 to 1,791Mar 27, 2025 to Mar 26, 2026
- Advisory employees · 10 to 11Mar 27, 2025 to Mar 26, 2026
- Charity clients · 11 to 13Mar 27, 2025 to Mar 26, 2026
- Corporate clients · 0 to 7Mar 27, 2025 to Mar 26, 2026
- HNW clients · 255 to 252Mar 27, 2025 to Mar 26, 2026
- Individual clients · 24 to 34Mar 27, 2025 to Mar 26, 2026
- Assets in custody · $536M to $556MMar 27, 2025 to Mar 26, 2026
- Employees · 18 to 20Mar 27, 2025 to Mar 26, 2026
- State-registered IARs · 15 to 16Mar 27, 2025 to Mar 26, 2026
- Discretionary RAUM · $1.6B to $2.0BMar 27, 2025 to Mar 26, 2026
- HNW RAUM · $1.6B to $1.9BMar 27, 2025 to Mar 26, 2026
- Individual RAUM · $9.8M to $18.7MMar 27, 2025 to Mar 26, 2026
- Non-discretionary RAUM · $48.7M to $44.2MMar 27, 2025 to Mar 26, 2026
- Pension RAUM · $4.6M to $5.5MMar 27, 2025 to Mar 26, 2026
- RAUM · $1.7B to $2.0BMar 27, 2025 to Mar 26, 2026
- Accounts · 1,554 to 1,688Jan 23, 2025 to Mar 27, 2025
- Charity clients · 10 to 11Jan 23, 2025 to Mar 27, 2025
- HNW clients · 235 to 255Jan 23, 2025 to Mar 27, 2025
- Individual clients · 23 to 24Jan 23, 2025 to Mar 27, 2025
- Assets in custody · $480M to $536MJan 23, 2025 to Mar 27, 2025
- Financial planning clients · unset to Jan 23, 2025 to Mar 27, 2025
- State-registered IARs · 14 to 15Jan 23, 2025 to Mar 27, 2025
- Discretionary RAUM · $1.4B to $1.6BJan 23, 2025 to Mar 27, 2025
- HNW RAUM · $1.4B to $1.6BJan 23, 2025 to Mar 27, 2025
- Individual RAUM · $8.3M to $9.8MJan 23, 2025 to Mar 27, 2025
- Non-discretionary RAUM · $43.2M to $48.7MJan 23, 2025 to Mar 27, 2025
- Pension RAUM · $4.1M to $4.6MJan 23, 2025 to Mar 27, 2025
- RAUM · $1.5B to $1.7BJan 23, 2025 to Mar 27, 2025
- Accounts · 1,354 to 1,554Mar 23, 2023 to Mar 29, 2024
- Advisory employees · 8 to 10Mar 23, 2023 to Mar 29, 2024
- Charity clients · 8 to 10Mar 23, 2023 to Mar 29, 2024
- HNW clients · 198 to 235Mar 23, 2023 to Mar 29, 2024
- Assets in custody · $424M to $480MMar 23, 2023 to Mar 29, 2024
- Employees · 15 to 18Mar 23, 2023 to Mar 29, 2024
- State-registered IARs · 13 to 14Mar 23, 2023 to Mar 29, 2024
- Discretionary RAUM · $1.2B to $1.4BMar 23, 2023 to Mar 29, 2024
- HNW RAUM · $1.2B to $1.4BMar 23, 2023 to Mar 29, 2024
- Individual RAUM · $10.1M to $8.3MMar 23, 2023 to Mar 29, 2024
- Non-discretionary RAUM · $46.6M to $43.2MMar 23, 2023 to Mar 29, 2024
- Pension RAUM · $771,000 to $4.1MMar 23, 2023 to Mar 29, 2024
Signals
5 dated events
- Kailey J Gunderson left Naples Global Advisors for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2026-05-07)Jun 16, 2025 · Advisor changed firm · fact
- Jason R Rundorff left Naples Global Advisors for Hbks Wealth Advisors (registered 2025-03-05)Jan 21, 2025 · Advisor changed firm · fact
- Dominick Joseph Vender left Naples Global Advisors for Mycio Wealth Partners, Llc (registered 2024-03-14)Jan 3, 2023 · Advisor changed firm · fact
- Naples Global Advisors reported RAUM $1.3B, up 47% from $901.4M (2021-11-05 to 2022-03-23)Mar 23, 2022 · RAUM change · derived
- Naples Global Advisors reported RAUM $787.0M, up 32% from $596.9M (2019-03-28 to 2020-03-26)Mar 26, 2020 · RAUM change · derived
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 email
- info@naplesglobaladvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- l.caprio@naplesglobaladvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- a.tancreto@naplesglobaladvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- l.meri.strapp@naplesglobaladvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 239-776-7900reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 239-776-7901reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 239-776-7902reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/vero-beach-global-advisorsreportedpublic record, Form ADV, Sep 17, 2026
- Firm profile
- linkedin.com/company/naples-global-advisors-llcreportedpublic record, Form ADV, Sep 17, 2026
- Website
- NAPLESGLOBALADVISORS.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 239-776-7900reportedpublic record, Form ADV, May 18, 2026
- Contact form
- naplesglobaladvisors.com/contact-usreportedpublished by the firm, firm site, Sep 15, 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
- $125Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026