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
Sigfig Wealth Management LLC
Latest filing Feb 12, 2026
First filing on the tape Jan 26, 2012 · 53 filings
SEC status approved since Oct 31, 2011
RAUM
$3.6B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$3.6B individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$895M
derived; firm RAUM over IAPD count
Employees
96
6 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
53 filings and snapshots on the tape
RAUM$3.6B as of Feb 12, 2026
Mar 31, 2014$33.0M then
HNW client RAUM$206M as of Feb 12, 2026
Mar 26, 2018$15.9M then
State-registered IARs (5.B.3)4 as of Feb 12, 2026
Mar 1, 20120 then
Employees (5.A)96 as of Feb 12, 2026
Apr 1, 201317 then
Private funds: no history
RAUM +20% over the last fiscal year+20% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Feb 12, 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
- Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
- RAUM per advisor
- $895MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 26,590derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.6MderivedHNW RAUM over HNW clients
- Average account
- $33,667derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 24.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +20%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +22%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for individualsreportedItem 5.G
- Custody
- $244M, 2,128 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)
- 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$3.4B94%
- High-net-worth individuals$206M5.7%
- Individual clients
- 106,229reported
- HNW clients
- 132reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 106,361reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $244M for 2,128 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
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Terry Ellen Banet | Bala Cynwyd, Pa | Apr 14, 2016 | 14 y | 0 |
| Steven Vincent Mattus | San Francisco, Ca | Sep 5, 2023 | 30 y | 5 |
| Byung Nam Kim | San Francisco, Ca | Sep 10, 2025 | 23 y | 1 |
| Aaron Gubin | San Francisco, Ca | Nov 6, 2025 | 13 y | 0 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 25% of current headcount3 left over 36 months
Left, latest
- Nicholas Joel Tilson to MML Investors Services, LLCApr 28, 2026 · RIA to affiliated broker-dealer or bank
- Andrew John Vanlaningham to Osaic Wealth, Inc.Feb 17, 2025 · RIA to affiliated broker-dealer or bank
- Howard I Mortenson to Empower Advisory Group, LLCJun 17, 2024 · RIA to affiliated broker-dealer or bank
- Steven Paul Lifgren to ForusallFeb 6, 2020 · Other
- Raymond F Tenpenny to Edward JonesMar 5, 2019 · RIA to affiliated broker-dealer or bank
- Maggie Rhea Parker to LPL Financial LLCSep 24, 2018 · RIA to RIA
- Jason Willyard to Citizens Securities, Inc.Sep 17, 2018 · RIA to affiliated broker-dealer or bank
- Howard I Mortenson to Citizens Securities, Inc.Sep 17, 2018 · RIA to affiliated broker-dealer or bank
- Gerald Joseph Sharkey to Creative PlanningApr 4, 2017 · Other
- Timothy Montillano Salunga to Advice And Planning ServicesDec 7, 2016 · Other
Joined, latest
- Byung Nam Kim from Merrill Lynch, Pierce, Fenner & Smith IncorporatedSep 10, 2025 · Wirehouse to independent RIA
- Nicholas Joel Tilson from MML Investors Services, LLCJun 4, 2024 · Affiliated broker-dealer or bank to independent RIA
- Andrew John Vanlaningham from Buckingham Strategic Wealth, LLCJun 4, 2024 · RIA to RIA
- Steven Vincent Mattus from UBS Financial Services Inc.Sep 5, 2023 · Wirehouse to independent RIA
- Howard I Mortenson from Cetera Investment Advisers LLCOct 1, 2021 · Affiliated broker-dealer or bank to independent RIA
- Howard I Mortenson from Edelman Financial EnginesMay 11, 2017 · Other
- Maggie Rhea Parker from Vanguard Advisers, Inc.May 9, 2017 · Other
- Jason Willyard from Strategic Advisers LLCMay 9, 2017 · Other
- Raymond F Tenpenny from Merrill Lynch, Pierce, Fenner & Smith IncorporatedMay 1, 2017 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Citizens Securities, Inc.Sep 17, 2018 · Phoenix, Az
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Joseph Tony Ancelj · Head Of Legal & Chief Compliance Officercontrolsince 08/2023 · owns less than 5%
- Ellen Terry Banet · Head Of Investments And Tradingcontrolsince 01/2012 · owns less than 5%
- Houng-Chiu Roger Fong · Chief Technology Officercontrolsince 02/2007 · owns less than 5%
- Vincent Steven Mattus · Chief Investment Officer And Gm Of Digital Wealthcontrolsince 07/2023 · owns less than 5%
- Arthur Daniel Mercurio · Chief Operating Officercontrolsince 12/2024 · owns less than 5%
- Nitinkumar Samir Salvi · Chief Financial Officer Gm Of Digital Wealth, Ccocontrolsince 08/2021 · owns less than 5%
- Tai Michael Sha · Chief Executive Officer/ Managing Membercontrolsince 10/2006 · owns less than 5%
Entity owners
- Nvest, Inc. · Memberdirect · owns 75% or more
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 |
|---|---|---|---|---|---|
| San Francisco, Ca · principal | 3 | 1 | 0 | ||
| Columbus, Oh | 0 | 0 | 1 | ||
| Muskegon, Mi | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Noida, India1 employees
ADV anomalies
5 against comparable advisers; where to look, not conclusions
- unusually high clients per advisorStatic outlier · filing Feb 12, 2026private clients per advisor of 26,590.2 against a peer median of 64.8 (1150 comparable advisers, 100.0th percentile, 646.9 robust deviations)peers: independent wealth managers, $1B to $5B (1,150) · 100% percentile
- very high RAUM per advisorStatic outlier · filing Feb 12, 2026RAUM per registered advisor of $895,208,119 against a peer median of $146,413,945 (1221 comparable advisers, 99.0th percentile, 7.6 robust deviations)peers: independent wealth managers, $1B to $5B (1,221) · 99% percentile
- control person changedChange between filings · filing Feb 12, 2026MERCURIO, DANIEL, ARTHUR (CHIEF OPERATING OFFICER) appeared on Schedule A between the filings of 2023-08-14 and 2026-02-12peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Feb 12, 2026MATTUS, STEVEN, VINCENT (CHIEF INVESTMENT OFFICER AND GM OF DIGITAL WEALTH) left Schedule A between the filings of 2023-08-14 and 2026-02-12peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Feb 12, 2026ANCELJ, TONY, JOSEPH (HEAD OF LEGAL & CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2023-08-14 and 2026-02-12peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 93,977 to 106,361May 13, 2025 to Feb 12, 2026
- HNW clients · 94 to 132May 13, 2025 to Feb 12, 2026
- Individual clients · 87,386 to 106,229May 13, 2025 to Feb 12, 2026
- Assets in custody · $227M to $244MMay 13, 2025 to Feb 12, 2026
- Employees · 125 to 96May 13, 2025 to Feb 12, 2026
- Discretionary RAUM · $3.0B to $3.6BMay 13, 2025 to Feb 12, 2026
- HNW RAUM · $146M to $206MMay 13, 2025 to Feb 12, 2026
- Individual RAUM · $2.8B to $3.4BMay 13, 2025 to Feb 12, 2026
- RAUM · $3.0B to $3.6BMay 13, 2025 to Feb 12, 2026
- Financial planning clients · unset to Apr 30, 2025 to May 13, 2025
- Accounts · 86,205 to 93,977May 3, 2024 to Apr 30, 2025
- Advisory employees · 7 to 6May 3, 2024 to Apr 30, 2025
- HNW clients · 98 to 94May 3, 2024 to Apr 30, 2025
- Individual clients · 79,544 to 87,386May 3, 2024 to Apr 30, 2025
- Assets in custody · $215M to $227MMay 3, 2024 to Apr 30, 2025
- Employees · 131 to 125May 3, 2024 to Apr 30, 2025
- Discretionary RAUM · $2.8B to $3.0BMay 3, 2024 to Apr 30, 2025
- HNW RAUM · $142M to $146MMay 3, 2024 to Apr 30, 2025
- Individual RAUM · $2.7B to $2.8BMay 3, 2024 to Apr 30, 2025
- RAUM · $2.8B to $3.0BMay 3, 2024 to Apr 30, 2025
- Accounts · 64,921 to 86,205Aug 14, 2023 to Mar 15, 2024
- Advisory employees · 8 to 7Aug 14, 2023 to Mar 15, 2024
- HNW clients · 52 to 98Aug 14, 2023 to Mar 15, 2024
- Individual clients · 60,432 to 79,544Aug 14, 2023 to Mar 15, 2024
- Assets in custody · $212M to $215MAug 14, 2023 to Mar 15, 2024
- Employees · 168 to 131Aug 14, 2023 to Mar 15, 2024
- State-registered IARs · 5 to 4Aug 14, 2023 to Mar 15, 2024
- Discretionary RAUM · $2.1B to $2.8BAug 14, 2023 to Mar 15, 2024
- HNW RAUM · $75.0M to $142MAug 14, 2023 to Mar 15, 2024
- Individual RAUM · $2.0B to $2.7BAug 14, 2023 to Mar 15, 2024
- RAUM · $2.1B to $2.8BAug 14, 2023 to Mar 15, 2024
- HQ city · TUCSON to SAN FRANCISCOMar 14, 2023 to May 30, 2023
- HQ state · AZ to CAMar 14, 2023 to May 30, 2023
- Other offices · 2 to 1Mar 14, 2023 to May 30, 2023
- Accounts · 41,471 to 64,921Jan 30, 2023 to Mar 14, 2023
- HNW clients · 112 to 52Jan 30, 2023 to Mar 14, 2023
- Individual clients · 41,305 to 60,432Jan 30, 2023 to Mar 14, 2023
- Assets in custody · $314M to $212MJan 30, 2023 to Mar 14, 2023
- Employees · 171 to 168Jan 30, 2023 to Mar 14, 2023
- Discretionary RAUM · $2.3B to $2.1BJan 30, 2023 to Mar 14, 2023
Signals
18 dated events
- Nicholas Joel Tilson left Sigfig Wealth Management Llc for Mml Investors Services, Llc (registered 2026-03-27)Apr 28, 2026 · Advisor changed firm · fact
- Andrew John Vanlaningham left Sigfig Wealth Management Llc for Osaic Wealth, Inc. (registered 2025-02-14)Feb 17, 2025 · Advisor changed firm · fact
- Howard I Mortenson left Sigfig Wealth Management Llc for Empower Advisory Group, Llc (registered 2026-08-31)Jun 17, 2024 · Advisor changed firm · fact
- Sigfig Wealth Management Llc reported RAUM $2.8B, up 33% from $2.1B (2023-08-14 to 2024-03-15)Mar 15, 2024 · RAUM change · derived
- Joseph Tony Ancelj (Deputy General Counsel & Chief Compliance Officer) appeared on Schedule A of Sigfig Wealth Management LlcAug 14, 2023 · Control person joined · fact
- Vincent Steven Mattus (Co-Chief Investment Officer And Gm Of Digital Wealth) appeared on Schedule A of Sigfig Wealth Management LlcAug 14, 2023 · Control person joined · fact
- Todd Matthew Baskir (Chief Compliance Officer & Counsel) no longer on Schedule A of Sigfig Wealth Management Llc (listed 2023-05-30, absent 2023-08-14)Aug 14, 2023 · Control person left · inference
- Roberto Moreiro (Interim Chief Compliance Officer) no longer on Schedule A of Sigfig Wealth Management Llc (listed 2022-03-25, absent 2022-06-11)Jun 11, 2022 · Control person left · inference
- Todd Matthew Baskir (Chief Compliance Officer & Counsel) appeared on Schedule A of Sigfig Wealth Management LlcJun 11, 2022 · Control person joined · fact
- Sigfig Wealth Management Llc reported RAUM $2.3B, up 62% from $1.4B (2021-08-16 to 2022-03-25)Mar 25, 2022 · RAUM change · derived
- Elizabeth Amy Chen (Chief Compliance Officer) no longer on Schedule A of Sigfig Wealth Management Llc (listed 2021-08-16, absent 2022-03-25)Mar 25, 2022 · Control person left · inference
- Roberto Moreiro (Interim Chief Compliance Officer) appeared on Schedule A of Sigfig Wealth Management LlcMar 25, 2022 · Control person joined · fact
- Nitinkumar Samir Salvi (Chief Financial Officer) appeared on Schedule A of Sigfig Wealth Management LlcAug 16, 2021 · Control person joined · fact
- Benton Anne Heller (Chief Financial Officer) no longer on Schedule A of Sigfig Wealth Management Llc (listed 2021-03-29, absent 2021-08-16)Aug 16, 2021 · Control person left · inference
- Sigfig Wealth Management Llc reported RAUM $1.4B, up 70% from $834.7M (2020-06-24 to 2021-03-29)Mar 29, 2021 · RAUM change · derived
- Sigfig Wealth Management Llc reported RAUM $834.7M, up 72% from $485.1M (2019-03-28 to 2020-03-19)Mar 19, 2020 · RAUM change · derived
- Sigfig Wealth Management Llc reported RAUM $485.1M, up 58% from $308.0M (2018-11-30 to 2019-03-28)Mar 28, 2019 · RAUM change · derived
- Benton Anne Heller (Chief Financial Officer) appeared on Schedule A of Sigfig Wealth Management LlcMar 28, 2019 · 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/SIGFIGreportedpublic record, Form ADV, Sep 17, 2026
- Website
- SIGFIG.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 855-974-4344reportedpublic record, Form ADV, Feb 12, 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
- $895Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026