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
Ptma Investment Advisors
Legal name Public Trust Advisors, LLC
Latest filing Apr 30, 2026
First filing on the tape Nov 28, 2011 · 41 filings
SEC status approved since Oct 13, 2011
RAUM
$104B
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
12
registered through the firm on IAPD
RAUM per advisor
$8.7B
derived; firm RAUM over IAPD count
Employees
157
81 advisory (5.B.1)
Offices
13
beyond the principal office
Private funds
0
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$104B as of Apr 30, 2026
Feb 6, 2012$3.3B then
HNW client RAUM: no history
State-registered IARs (5.B.3)12 as of Apr 30, 2026
Feb 6, 20120 then
Employees (5.A)157 as of Apr 30, 2026
Mar 25, 201315 then
Private funds: no history
RAUM +11% over the last fiscal year+17% a year over threeIARs 8 to 12offices 6 to 13
Practice profile
derived from the filing of Apr 30, 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)
- 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
- $8.7BderivedRAUM 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
- $436MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 95%derivedof RAUM
- Institutional
- 15%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 13.1derivedItem 5.A over advisors
- Advisors per office
- 0.9derived14 offices incl. principal (1.F.5)
- RAUM growth, one year
- +11%derivedbetween the last two annual amendments
- Advisor growth, one year
- +50%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, fixed fees, otherreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, portfolio management for pooled vehicles, otherreportedItem 5.G
- Custody
- $89B, 11 clientsreportedItem 9.A
- 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$89B85%
- State and municipal entities$16B15%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 239reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $89B for 11 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.0 fund_share=0.85 institutional_share=0.15 related_bd=true related_bank=false bd_reps=73.0derived
Advisors registered through the firm
12 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Othneil Stockwell WaudChartered Financial Analyst | Denver, Co | Mar 1, 2016 | 14 y | 0 |
| Manuel Norman San Luis | Denver, Co | Apr 7, 2016 | 19 y | 1 |
| Mark John Creger | Denver, Co | Apr 7, 2016 | 29 y | 1 |
| Robert Joseph Shull | Denver, Co | Jun 10, 2022 | 16 y | 5 |
| Sean Joseph Fitzgerald | Denver, Co | Sep 30, 2022 | 10 y | 0 |
| Brett Stephen Parsons | Denver, Co | Mar 16, 2023 | 11 y | 0 |
| Danielle Elizabeth Steers Campbell | Denver, Co | Aug 23, 2023 | 19 y | 0 |
| Adam Casey Gunning | Denver, Co | Sep 27, 2023 | 15 y | 1 |
| Charles Macinnes Langford | Denver, Co | Mar 25, 2025 | 11 y | 0 |
| Gregory Taylor Hansen | Denver, Co | Oct 20, 2025 | 10 y | 0 |
| Trevor Scott Davenport | Denver, Co | Nov 12, 2025 | 12 y | 4 |
| Carolyn Jean Anderson | Denver, Co | Nov 21, 2025 | 27 y | 3 |
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
Left, latest
- Cory Robert Gebel to Ridgeline Public Advisors, LLCMay 21, 2025 · Other
- Dylana Lee Gross to Piper Sandler & Co.Aug 26, 2024 · Other
- Brent William Turner to Meeder Public Funds, Inc.Jul 31, 2023 · Other
- Brian Matthew Kelso to Robert W. Baird & Co. IncorporatedSep 20, 2021 · Other
- Benjamin Preston Mendenhall to Chandler Asset Management IncSep 11, 2021 · Other
Joined, latest
- Carolyn Jean Anderson from Iberia Asset Management, Inc.Nov 21, 2025 · Other
- Trevor Scott Davenport from LPL Financial LLCNov 12, 2025 · Other
- Adam Casey Gunning from Umb Financial Services, Inc.Sep 27, 2023 · Other
- Robert Joseph Shull from Emerge Capital ManagementJun 10, 2022 · Other
- Brian Matthew Kelso from Robert W. Baird & Co. IncorporatedMay 28, 2020 · Other
- Benjamin Preston Mendenhall from First Financial Equity CorporationAug 29, 2017 · Other
- Mark John Creger from Blx Group LLCApr 7, 2016 · Other
- Manuel Norman San Luis from Blx Group LLCApr 7, 2016 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Blx Group LLCApr 7, 2016 · Los Angeles, Ca
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- William Todd Alton · Chief Executive Officercontrolsince 01/2021 · owns less than 5%
- O'Neill James Davis · Executive Chairmancontrolsince 10/2024 · owns less than 5%
- Sandra Fitzgerald · Chief Financial Officercontrolsince 01/2021 · owns less than 5%
- Matthew Starr · Managing Directorcontrolsince 03/2023 · owns less than 5%
- Brian Sugrue · Chief Information Officercontrolsince 09/2021 · owns less than 5%
- N. Thomas Tight · Managing Directorcontrolsince 05/2012 · owns less than 5%
- Stockwell Othneil Waud · Chief Investment Officercontrolsince 02/2018 · owns less than 5%
- Tomasz Jennifer Welsh · General Counsel And Chief Compliance Officercontrolsince 07/2022 · owns less than 5%
- Joseph Donald Edwards · Trusteecontrolsince 06/2000 · owns F of Donald J Edwards Revocable Trust
- Joseph Donald Edwards · Sole Membercontrolsince 03/2022 · owns 75% or more of Flexpoint Ultimate Management V, LLC
Entity owners
- Pinnacle Purchaser, LLC · Memberdirect · owns 75% or more
- Donald J Edwards Revocable Trust · Limited Partnerindirect · owns 25% to 50% of Flexpoint Management V, L.P.
- Flexpoint Fund V-A, L.P. · Sole Memberindirect · owns 75% or more of Pinnacle Ff Aggregator, LLC
- Flexpoint Management V, L.P. · General Partnerindirect · owns F of Flexpoint Fund V-A, L.P.
- Flexpoint Ultimate Management V, LLC · General Partnerindirect · owns F of Flexpoint Management V, L.P.
- Pinnacle Equityco, LLC · Sole Memberindirect · owns 75% or more of Pinnacle Intermediateco, LLC
- Pinnacle Ff Aggregator, LLC · Memberindirect · owns 25% to 50% of Pma-Pta Holdings, LLC
- Pinnacle Intermediateco, LLC · Sole Memberindirect · owns 75% or more of Pinnacle Purchaser, LLC
- Pma Parent Holdings, LLC · Sole Memberindirect · owns 75% or more of Pinnacle Equityco, LLC
- Pma-Pta Holdings, LLC · Sole Memberindirect · owns 75% or more of Ta Pma Purchaser, LLC
- Ta Assocaites Cayman, LLC · General Partnerindirect · owns F of Ta Associates Xiv Gp, L.P.
- Ta Associate Xiv Gp, L.P. · General Partnerindirect · owns F of Ta Xiv-B Pma Subsidiary Partnership, L.P.
- Ta Associates Pma Holdings, LLC · Memberindirect · owns 75% or more of Pma-Pta Holdings, LLC
- Ta Associates Xiv Gp, L.P. · General Partnerindirect · owns F of Ta Xiv-A, L.P.
- Ta Associates Xiv Gp, L.P. · General Partnerindirect · owns F of Ta Xiv-B, L.P.
- Ta Pma Intermediate, LLC · Sole Memberindirect · owns 75% or more of Pma Parent Holdings, LLC
- Ta Pma Purchaser, LLC · Sole Memberindirect · owns 75% or more of Ta Pma Intermediate, LLC
- Ta Xiv-A, L.P. · Memberindirect · owns 50% to 75% of Ta Associates Pma Holdings, LLC
- Ta Xiv-B Pma Blocker Corp · Limited Partnerindirect · owns 75% or more of Ta Xiv-B Pma Subsidiary Partnership, L.P.
- Ta Xiv-B Pma Subsidiary Partnership, L.P. · Memberindirect · owns 25% to 50% of Ta Associates Pma Holdings, LLC
Related persons
Schedule D 7.A
- Pma Securities, LLCbroker-dealern
- Ptma Investment Advisorsinvestment advisernRAUM $31B
Advisers that list Ptma Investment Advisors as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Denver, Co · principal | 12 | 3 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Hopewell Junction, NY10 employees
- Orlando, FL8 employees
- Pleasanton, CA5 employees
- Richardson, TX4 employees
- Naperville, IL1 employees
- Chamblee, GA1 employees
ADV anomalies
3 against comparable advisers; where to look, not conclusions
- advisor count surgeChange between filings · filing Apr 30, 2026advisory representatives (Item 5.B.3) moved from 8.0 to 12.0 (+50.0%) between the annual amendments of 2025-03-28 and 2026-04-30; the peer median change was +3.0% (51 comparable advisers, 94.0th percentile of changes)peers: asset managers, $20B and over (51) · 94% percentile
- employee count surgeChange between filings · filing Apr 30, 2026employees (Item 5.A) moved from 93.0 to 157.0 (+69.0%) between the annual amendments of 2025-03-28 and 2026-04-30; the peer median change was +3.0% (462 comparable advisers, 98.0th percentile of changes)peers: asset managers, $20B and over (462) · 98% percentile
- office count surgeChange between filings · filing Apr 30, 2026offices other than the principal office (Item 1.F.5) moved from 6.0 to 13.0 (+117.0%) between the annual amendments of 2025-03-28 and 2026-04-30; the peer median change was 0.0% (198 comparable advisers, 99.0th percentile of changes)peers: asset managers, $20B and over (198) · 99% percentile
What changed
consecutive filings, newest first
- Accounts · 241 to 239Jan 21, 2026 to Mar 31, 2026
- Advisory employees · 13 to 81Jan 21, 2026 to Mar 31, 2026
- BD registered reps · 13 to 73Jan 21, 2026 to Mar 31, 2026
- Pooled vehicle clients · 12 to 11Jan 21, 2026 to Mar 31, 2026
- Assets in custody · $80B to $89BJan 21, 2026 to Mar 31, 2026
- Employees · 93 to 157Jan 21, 2026 to Mar 31, 2026
- Insurance-licensed employees · 0 to 28Jan 21, 2026 to Mar 31, 2026
- State-registered IARs · 8 to 12Jan 21, 2026 to Mar 31, 2026
- Other offices · 6 to 13Jan 21, 2026 to Mar 31, 2026
- Discretionary RAUM · $90B to $99BJan 21, 2026 to Mar 31, 2026
- Non-discretionary RAUM · $4.3B to $5.3BJan 21, 2026 to Mar 31, 2026
- Pooled vehicle RAUM · $80B to $89BJan 21, 2026 to Mar 31, 2026
- RAUM · $94B to $104BJan 21, 2026 to Mar 31, 2026
- Financial planning clients · 0 to 0Jul 14, 2025 to Sep 16, 2025
- Accounts · 82 to 241Dec 10, 2024 to Mar 28, 2025
- Advisory employees · 16 to 13Dec 10, 2024 to Mar 28, 2025
- BD registered reps · 0 to 13Dec 10, 2024 to Mar 28, 2025
- Business name · PUBLIC TRUST ADVISORS, LLC to PTMA INVESTMENT ADVISORSDec 10, 2024 to Mar 28, 2025
- Pooled vehicle clients · 11 to 12Dec 10, 2024 to Mar 28, 2025
- Assets in custody · $68B to $80BDec 10, 2024 to Mar 28, 2025
- Employees · 81 to 93Dec 10, 2024 to Mar 28, 2025
- State-registered IARs · 10 to 8Dec 10, 2024 to Mar 28, 2025
- Discretionary RAUM · $69B to $90BDec 10, 2024 to Mar 28, 2025
- Non-discretionary RAUM · $12B to $4.3BDec 10, 2024 to Mar 28, 2025
- Pooled vehicle RAUM · $68B to $80BDec 10, 2024 to Mar 28, 2025
- RAUM · $81B to $94BDec 10, 2024 to Mar 28, 2025
- Other offices · 5 to 6Mar 28, 2024 to Dec 10, 2024
- Related adviser · false to trueMar 28, 2024 to Dec 10, 2024
- Related broker-dealer · false to trueMar 28, 2024 to Dec 10, 2024
- Accounts · 89 to 82Mar 31, 2023 to Mar 28, 2024
- Pooled vehicle clients · 9 to 11Mar 31, 2023 to Mar 28, 2024
- Assets in custody · $53B to $68BMar 31, 2023 to Mar 28, 2024
- Employees · 78 to 81Mar 31, 2023 to Mar 28, 2024
- State-registered IARs · 9 to 10Mar 31, 2023 to Mar 28, 2024
- Other offices · 6 to 5Mar 31, 2023 to Mar 28, 2024
- Discretionary RAUM · $61B to $69BMar 31, 2023 to Mar 28, 2024
- Non-discretionary RAUM · $4.4B to $12BMar 31, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $53B to $68BMar 31, 2023 to Mar 28, 2024
- RAUM · $65B to $81BMar 31, 2023 to Mar 28, 2024
- Accounts · 76 to 89Feb 6, 2023 to Mar 31, 2023
Signals
21 dated events
- Ptma Investment Advisors reported 13 offices beyond its principal office, up from 6 (2026-01-21 to 2026-03-31)Mar 31, 2026 · Office count change · derived
- Cory Robert Gebel left Ptma Investment Advisors for Ridgeline Public Advisors, Llc (registered 2025-06-03)May 21, 2025 · Advisor changed firm · fact
- S. Randy Palomba (Managing Director) no longer on Schedule A of Ptma Investment Advisors (listed 2024-03-28, absent 2024-12-10)Dec 10, 2024 · Control person left · inference
- D. Thomas Jordan (Managing Director) no longer on Schedule A of Ptma Investment Advisors (listed 2024-03-28, absent 2024-12-10)Dec 10, 2024 · Control person left · inference
- F. John Grady (Managing Director) no longer on Schedule A of Ptma Investment Advisors (listed 2024-03-28, absent 2024-12-10)Dec 10, 2024 · Control person left · inference
- M. Christopher Debow (Member) no longer on Schedule A of Ptma Investment Advisors (listed 2024-03-28, absent 2024-12-10)Dec 10, 2024 · Control person left · inference
- O'Neill James Davis (Executive Chairman) appeared on Schedule A of Ptma Investment AdvisorsDec 10, 2024 · Control person joined · fact
- Joseph Donald Edwards (Trustee) appeared on Schedule A of Ptma Investment AdvisorsDec 10, 2024 · Control person joined · fact
- Dylana Lee Gross left Ptma Investment Advisors for Piper Sandler & Co. (registered 2024-09-11)Aug 26, 2024 · Advisor changed firm · fact
- Stockwell Othneil Waud (Chief Investment Officer) appeared on Schedule A of Ptma Investment AdvisorsMar 28, 2024 · Control person joined · fact
- Matthew Starr (Managing Director) appeared on Schedule A of Ptma Investment AdvisorsMar 28, 2024 · Control person joined · fact
- Sandra Fitzgerald (Chief Financial Officer) appeared on Schedule A of Ptma Investment AdvisorsMar 28, 2024 · Control person joined · fact
- Brian Sugrue (Chief Information Officer) appeared on Schedule A of Ptma Investment AdvisorsMar 28, 2024 · Control person joined · fact
- Brent William Turner left Ptma Investment Advisors for Meeder Public Funds, Inc. (registered 2024-09-09)Jul 31, 2023 · Advisor changed firm · fact
- Ptma Investment Advisors reported RAUM $64.9B, up 26% from $51.5B (2023-02-06 to 2023-03-31)Mar 31, 2023 · RAUM change · derived
- S. Barry Howsden (Chief Compliance Officer) no longer on Schedule A of Ptma Investment Advisors (listed 2022-02-25, absent 2022-07-21)Jul 21, 2022 · Control person left · inference
- J Stephen Dixon (Chief Risk Officer) no longer on Schedule A of Ptma Investment Advisors (listed 2022-02-25, absent 2022-07-21)Jul 21, 2022 · Control person left · inference
- Tomasz Jennifer Welsh (Chief Compliance Officer) appeared on Schedule A of Ptma Investment AdvisorsJul 21, 2022 · Control person joined · fact
- William Todd Alton (President) appeared on Schedule A of Ptma Investment AdvisorsJan 29, 2021 · Control person joined · fact
- Ptma Investment Advisors reported RAUM $42.3B, up 29% from $32.8B (2019-10-11 to 2020-03-26)Mar 26, 2020 · RAUM change · derived
- S. Gregory Wright (President) no longer on Schedule A of Ptma Investment Advisors (listed 2019-03-29, absent 2019-10-08)Oct 8, 2019 · Control person left · inference
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/publictrustreportedpublic record, Form ADV, Sep 17, 2026
- Firm profile
- linkedin.com/company/floridaclassreportedpublic record, Form ADV, Sep 17, 2026
- Website
- ptma.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 855-395-3954reportedpublic record, Form ADV, Apr 30, 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- $8.7Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026