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

Corecap Advisors

Broker-dealer affiliated wealth managerSouthfield, MichiganCRD 158819SEC 801-72687websiteIAPD
Legal name Corecap Advisors, LLC
Latest filing Mar 31, 2026
First filing on the tape Nov 16, 2011 · 112 filings
SEC status approved since Aug 30, 2011
RAUM
$4.0B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$4.0B individuals and HNW
Advisors
118
registered through the firm on IAPD
RAUM per advisor
$33.8M
derived; firm RAUM over IAPD count
Employees
116
110 advisory (5.B.1)
Offices
40
beyond the principal office
Private funds
0
reported on Schedule D
History
112 filings and snapshots on the tape
RAUM$4.0B as of Mar 31, 2026
Mar 16, 2012$0 then
HNW client RAUM$2.1B as of Mar 31, 2026
Mar 29, 2018$46.0M then
State-registered IARs (5.B.3)116 as of Mar 31, 2026
Mar 25, 20131 then
Employees (5.A)116 as of Mar 31, 2026
Mar 25, 20135 then
Private funds: no history
RAUM +26% over the last fiscal year+27% a year over threeIARs 111 to 116
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • PE backed · a Schedule A entity owner at 25 percent or more whose exact legal name is a PE fund vehicle or a classified PE sponsor on the DFX private equity graph
RAUM per advisor
$33.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
82derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$411,969derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.9derived41 offices incl. principal (1.F.5)
RAUM growth, one year
+26%derivedbetween the last two annual amendments
Advisor growth, one year
+4.5%derivedItem 5.B.3 between annual amendments
Client growth, one year
+5.9%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, educational seminarsreportedItem 5.G
Wrap fee program
$3.2MreportedItem 5.I
Ownership
a PE fund or sponsor is a 25 percent or greater owner 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.1B54%
  • Individuals$1.8B46%
  • Corporations and businesses$585,8760.0%
Individual clients
8,735reported
HNW clients
936reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
9,677reported
Financial planning clients
1-10reported
Wrap fee programs
$0 sponsored, $0 managedreported
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=true related_bank=false bd_reps=62.0derived
Advisors registered through the firm
117 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Don Eugene AshRome, GaFeb 6, 201231 y3
James J SpeirSouthfield, Mi Feb 8, 201224 y0
Peter Timothy FrawleyLake Orion, Mi Jun 27, 201221 y2
Raymond Max PettSouthfield, MiJul 2, 201233 y1
Kurt Taylor FillmoreFranklin, Mi Mar 28, 201324 y0
Joshua Daniel AlpertSouthfield, Mi Apr 19, 201319 y0
Ronald Michael GuevarraSouthfield, Mi Aug 5, 201328 y1
Brett Lawrence MillsBrighton, Mi Apr 15, 201420 y1
Jeffrey Harry KlauenbergLaurel, Md Jun 24, 201443 y4
Oliver David LeeLake Orion, Mi Jul 17, 201424 y1
Lauren C CooperCenterberg, Oh Nov 10, 201412 y0
Julian Joseph GuilfoyleCenterberg, Oh Dec 16, 201426 y0
Colby Todd WightSouthfield, Mi Mar 10, 201532 y3
Lisa Jo BamburgJacksonville, Ar Mar 19, 201515 y0
Robert Alan RomainLake Orion, Mi Apr 15, 201515 y0
Paul Michael CostaSaginaw, MiAug 3, 201542 y2
Patrick M SimaskoSouthfield, Mi Jan 14, 201636 y0
Hagen Michael PruemmSouthfield, Mi Jan 15, 201616 y0
Aaron Edmond WoosterSouthfield, Mi Jan 22, 201615 y1
Daniel J MilanSouthfield, Mi Feb 10, 201616 y1
David Wayne MuncieSouthfield, MiMar 3, 201638 y1
David Michael HowardSouthfield, Mi Jun 15, 201610 y1
Roger P WelshansMissoula, Mt Jun 20, 201628 y2
Jay Martin Ferrans Commerce Township, Mi Sep 12, 201617 y1
Steven Craig ConnersScottsdale, Az Sep 14, 201637 y6
Bradley Dennis ClarkIndianapolis, In Sep 15, 201615 y0
Michael Henry ToveSouthfield, Mi Sep 22, 201628 y0
Richard Joe JohannsenKuna, Id Nov 10, 201624 y6
Boris Jovan AndrikosSouthfield, Mi Jan 4, 201733 y0
Bruce Joseph MaginnIndianapolis, In Jan 19, 201736 y2
Paul Thomas JosephSouthfield, Mi Feb 14, 201716 y0
Christopher Frank VillwockSouthfield, Mi Mar 6, 201718 y0
Steven Robert SeibelChartered Financial ConsultantNashotah, Wi Mar 10, 201743 y2
Jacob R SansomCenterburg, Oh Jan 4, 201811 y1
Mark Everett CharnetSouthfield, Mi Apr 27, 201842 y4
William George AlexanderRaleigh, Nc Jul 30, 201820 y1
Ryan Ramsey ShuchmanSouthfield, Mi Sep 7, 201818 y0
Scott M ButlerCertified Financial PlannerLaurel, Md Nov 2, 201822 y2
David Lee HowardPersonal Financial SpecialistSouthfield, Mi Nov 2, 201830 y1
Andrew Paul WoodMiddletown, De Nov 16, 201816 y1
All 117 advisors at Corecap Advisors
Advisor movement
7 left, 8 joined in 12 months
net +1 in 12 months1 left in 90 days2 joined in 90 daysdeparture rate 5.9% of current headcount31 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
  • Michael Dennis Brown · Directorcontrol
    since 02/2014 · owns less than 5%
  • Wayne David Muncie · Chief Financial Officer & Directorcontrol
    since 02/2016 · owns less than 5%
  • David Craig Rumler · Chief Compliance Officer & Chief Operating Officercontrol
    since 05/2020 · owns less than 5%
  • Raymond Jason Steeno · Presidentcontrol
    since 03/2020 · owns less than 5%
  • Dennis Brown · Majority Owner Of Brown Holdco, Inc.control
    since 12/2009 · owns 75% or more of M & O Capital, LLC
Entity owners
  • Core Capital Holdings, LLC · Owner
    direct · owns 75% or more
  • Brown Holdco, Inc. · Majority Owner Of M & O Capital, LLC
    indirect · owns 75% or more of M & O Capital, LLC
  • Lee Equity Partners Fund III, L.P. · Limited Partner
    indirect · owns 50% to 75% of Lep Simplicity Holdings, L.P.
  • Lee Equity Partners Fund III(A), L.P. · Limited Partner
    indirect · owns 25% to 50% of Lep Simplicity Holdings, L.P.
  • Lee Equity Partners III Gp, LLC · General Partner
    indirect · owns F of Lep Simplicity Holdings, L.P.
  • Lep Pequod Gp, LLC · General Partner
    indirect · owns F of Lep Pequod Holdings, LP
  • Lep Pequod Holdings, LP · Shareholder
    indirect · owns 75% or more of Peqoud Topco, Inc.
  • Lep Simplicity Holdings, L.P. · Shareholder
    indirect · owns 75% or more of Lep Pequod Holdings, LP
  • M & O Capital, LLC · 100% Owner Of Core Capital Holdings, LLC
    indirect · owns 75% or more of Core Capital Holdings, LLC
  • Peqoud Topco, Inc. · Shareholder
    indirect · owns 75% or more of Pequod Midco, Inc.
  • Pequod Midco, Inc. · Shareholder
    indirect · owns 75% or more of Simplicity Financial Marketing Group Holdings, Inc.
  • Platform Partners Capital, LLC · Minority Owner Of Platform M & O Holdings, LLC
    indirect · owns 25% to 50% of Platform M & O Holdings, LLC
  • Simplicity Financial Marketing Group Holdings, Inc. · Shareholder
    indirect · owns 75% or more of Simplicity Financial Marketing Holdings, Inc.
  • Simplicity Financial Marketing Holdings, Inc. · Member
    indirect · owns 75% or more of M & O Capital, LLC
  • Platform M & O Holdings, LLC · Minority Owner Of M & O Capital, LLC
    indirect · owns 25% to 50% of M & O Capital, LLC
Related persons
Schedule D 7.A
Advisers that list Corecap Advisors as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Southfield, Mi · principal113155
Centerburg, Oh1020
Scottsdale, Az410
Northville, Mi400
Glen Mills, Pa410
Lake Orion, Mi300
Franklin, Mi300
Troy, Mi300
Hoffman Estates, Il300
Jacksonville, Ar300
Centerberg, Oh300
Amherst, Oh210
Brighton, Mi200
Canfield, Oh200
Carmel, In210
High Point, Nc200
Indianapolis, In200
Knoxville, Tn200
Laurel, Md200
Middletown, De200
Offices
Schedule D 1.F, the 25 largest
  • Southfield, MI10 employees
  • Centerburg, OH7 employees
  • Monroe, OH6 employees
  • Sidney, OH6 employees
  • Medina, OH6 employees
  • Draper, UT5 employees
  • Mt Clemens, MI5 employees
  • Southfield, MI4 employees
  • Carmel, IN3 employees
  • Orem, UT3 employees
  • Bloomfield Hills, MI3 employees
  • Phoenix, AZ3 employees
  • Middletown, DE2 employees
  • Laurel, MD2 employees
  • Hoffman Estates, IL2 employees
  • Saginaw, MI2 employees
  • Northville, MI2 employees
  • Jacksonville, AR2 employees
  • Jonesboro, AR2 employees
  • Troy, MI2 employees
  • Greensboro, GA2 employees
  • Naperville, IL2 employees
  • Lake Orion, MI2 employees
  • Knoxville, TN2 employees
  • Livonia, MI2 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • HNW share shiftChange between filings · filing Mar 31, 2026
    HNW share of RAUM moved from 39.0% to 54.0% between the annual amendments of 2025-03-31 and 2026-03-31
    peers: affiliated wealth managers, $1B to $5B (56)
What changed
consecutive filings, newest first
  • Accounts · 9,157 to 9,677
    Feb 17, 2026 to Mar 31, 2026
  • Advisory employees · 97 to 110
    Feb 17, 2026 to Mar 31, 2026
  • Corporate clients · 24 to 6
    Feb 17, 2026 to Mar 31, 2026
  • HNW clients · 598 to 936
    Feb 17, 2026 to Mar 31, 2026
  • Individual clients · 8,534 to 8,735
    Feb 17, 2026 to Mar 31, 2026
  • Pension plan clients · 1.0 to unset
    Feb 17, 2026 to Mar 31, 2026
  • Employees · 111 to 116
    Feb 17, 2026 to Mar 31, 2026
  • State-registered IARs · 111 to 116
    Feb 17, 2026 to Mar 31, 2026
  • Discretionary RAUM · $3.2B to $4.0B
    Feb 17, 2026 to Mar 31, 2026
  • HNW RAUM · $1.2B to $2.1B
    Feb 17, 2026 to Mar 31, 2026
  • Individual RAUM · $1.9B to $1.8B
    Feb 17, 2026 to Mar 31, 2026
  • Pension RAUM · 4629113.0 to unset
    Feb 17, 2026 to Mar 31, 2026
  • RAUM · $3.2B to $4.0B
    Feb 17, 2026 to Mar 31, 2026
  • Financial planning clients · 1-10 to 1-10
    Jun 4, 2025 to Jul 22, 2025
  • Accounts · 8,713 to 9,157
    Jan 23, 2025 to Mar 31, 2025
  • Advisory employees · 111 to 97
    Jan 23, 2025 to Mar 31, 2025
  • BD registered reps · 59 to 62
    Jan 23, 2025 to Mar 31, 2025
  • Corporate clients · 109 to 24
    Jan 23, 2025 to Mar 31, 2025
  • HNW clients · 288 to 598
    Jan 23, 2025 to Mar 31, 2025
  • Individual clients · 8,305 to 8,534
    Jan 23, 2025 to Mar 31, 2025
  • Pension plan clients · 11 to 1
    Jan 23, 2025 to Mar 31, 2025
  • Employees · 118 to 111
    Jan 23, 2025 to Mar 31, 2025
  • Financial planning clients · 11-25 to 1-10
    Jan 23, 2025 to Mar 31, 2025
  • State-registered IARs · 118 to 111
    Jan 23, 2025 to Mar 31, 2025
  • Discretionary RAUM · $2.5B to $3.2B
    Jan 23, 2025 to Mar 31, 2025
  • HNW RAUM · $474M to $1.2B
    Jan 23, 2025 to Mar 31, 2025
  • Individual RAUM · $1.9B to $1.9B
    Jan 23, 2025 to Mar 31, 2025
  • Pension RAUM · $3.7M to $4.6M
    Jan 23, 2025 to Mar 31, 2025
  • RAUM · $2.5B to $3.2B
    Jan 23, 2025 to Mar 31, 2025
  • Accounts · 7,757 to 8,713
    Sep 28, 2023 to Mar 26, 2024
  • Advisory employees · 112 to 111
    Sep 28, 2023 to Mar 26, 2024
  • BD registered reps · 64 to 59
    Sep 28, 2023 to Mar 26, 2024
  • Corporate clients · 89 to 109
    Sep 28, 2023 to Mar 26, 2024
  • HNW clients · 222 to 288
    Sep 28, 2023 to Mar 26, 2024
  • Individual clients · 7,446 to 8,305
    Sep 28, 2023 to Mar 26, 2024
  • Pension plan clients · unset to 11.0
    Sep 28, 2023 to Mar 26, 2024
  • Employees · 121 to 118
    Sep 28, 2023 to Mar 26, 2024
  • State-registered IARs · 121 to 118
    Sep 28, 2023 to Mar 26, 2024
  • Discretionary RAUM · $2.0B to $2.5B
    Sep 28, 2023 to Mar 26, 2024
  • HNW RAUM · $357M to $474M
    Sep 28, 2023 to Mar 26, 2024
Signals
60 dated events
  • Megan Stack added a CA registration at Corecap Advisors
    Sep 14, 2026 · New state registration · fact
  • John Patrick Rafferty added a CA registration at Corecap Advisors
    Sep 14, 2026 · New state registration · fact
  • Megan Stack added a NH registration at Corecap Advisors
    Sep 14, 2026 · New state registration · fact
  • Megan Stack added a WV registration at Corecap Advisors
    Sep 11, 2026 · New state registration · fact
  • Megan Stack added a SC registration at Corecap Advisors
    Sep 11, 2026 · New state registration · fact
  • Megan Stack added a NC registration at Corecap Advisors
    Sep 10, 2026 · New state registration · fact
  • Megan Stack added a TX registration at Corecap Advisors
    Sep 10, 2026 · New state registration · fact
  • Megan Stack added a PA registration at Corecap Advisors
    Sep 10, 2026 · New state registration · fact
  • Megan Stack added a NV registration at Corecap Advisors
    Sep 10, 2026 · New state registration · fact
  • Megan Stack added a DE registration at Corecap Advisors
    Sep 9, 2026 · New state registration · fact
  • Megan Stack added a AL registration at Corecap Advisors
    Sep 9, 2026 · New state registration · fact
  • Megan Stack added a NY registration at Corecap Advisors
    Sep 9, 2026 · New state registration · fact
  • Megan Stack added a OH registration at Corecap Advisors
    Sep 9, 2026 · New state registration · fact
  • Megan Stack added a MD registration at Corecap Advisors
    Sep 9, 2026 · New state registration · fact
  • Kristopher Lawrence Whipple left Corecap Advisors for Pinkerton Wealth Partners (registered 2026-07-02)
    Jul 27, 2026 · Advisor changed firm · fact
  • Aaron John Maassel left Corecap Advisors for Top Rank Wealth Management, Llc (registered 2026-05-22)
    Jun 2, 2026 · Advisor changed firm · fact
  • David Wesley Martin no longer registered at Corecap Advisors; no later IA registration on IAPD
    May 16, 2026 · Advisor departure · fact
  • Robert Anthony Jacobs left Corecap Advisors for Star Wealth Advisors (registered 2026-04-01)
    Apr 9, 2026 · Advisor changed firm · fact
  • Corecap Advisors reported RAUM $4.0B, up 26% from $3.2B (2026-02-17 to 2026-03-31)
    Mar 31, 2026 · RAUM change · derived
  • William Raymond Mccurdy left Corecap Advisors for Private Advisor Group, Llc (registered 2026-04-20)
    Mar 11, 2026 · Advisor changed firm · fact
  • Steven Michael Goodman left Corecap Advisors for Dominion Wealth Management, Llc (registered 2025-09-30)
    Feb 19, 2026 · Advisor changed firm · fact
  • Daniel James Laginess left Corecap Advisors for Uhy Wealth Management Ria Llc (registered 2025-12-15)
    Dec 23, 2025 · Advisor changed firm · fact
  • Dino Berri left Corecap Advisors for Foundations Investment Advisors Llc (registered 2025-11-25)
    Nov 4, 2025 · Advisor changed firm · fact
  • Nathan David Smith left Corecap Advisors for Simplicity Wealth (registered 2025-08-28)
    Aug 7, 2025 · Advisor changed firm · fact
  • Michael Mazzeo left Corecap Advisors for Mariner (registered 2025-09-23)
    Jul 8, 2025 · Advisor changed firm · fact
  • Justin Brian Stivers left Corecap Advisors for Stivers Wealth Management (registered 2025-05-20)
    May 23, 2025 · Advisor changed firm · fact
  • Brian Charles Stivers left Corecap Advisors for Stivers Wealth Management (registered 2025-05-20)
    May 23, 2025 · Advisor changed firm · fact
  • 2 advisors left Corecap Advisors (Knoxville, TN) for Stivers Wealth Management on the same day
    May 23, 2025 · Team lift-out · derived
  • Matthew Craig Essmann left Corecap Advisors for Citizens Securities, Inc. (registered 2025-04-04)
    Apr 8, 2025 · Advisor changed firm · fact
  • Corecap Advisors reported RAUM $3.2B, up 28% from $2.5B (2025-01-23 to 2025-03-31)
    Mar 31, 2025 · 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
Website
corecapinv.netreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
888-296-3360reportedpublic record, Form ADV, Mar 31, 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
Broker-dealer affiliated wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$33.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026