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.

Former SEC-registered adviser

Mainline Private Wealth, LLC

Former SEC-registered adviserWynnewood, PennsylvaniaCRD 159295SEC 801-72888IAPD
Latest filing Mar 30, 2023
First filing on the tape Nov 10, 2011 · 46 filings
RAUM
$793M
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
99%
$783M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
7 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
46 filings and snapshots on the tape
RAUM$793M as of Mar 30, 2023
Mar 29, 2012$93.3M then
HNW client RAUM$774M as of Mar 30, 2023
Mar 29, 2018$454M then
State-registered IARs (5.B.3)4 as of Mar 30, 2023
Mar 28, 20136 then
Employees (5.A)7 as of Mar 30, 2023
Mar 28, 201311 then
Private funds: no history
RAUM +14% over the last fiscal year+8.0% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 30, 2023; every figure names its basis
RAUM per advisor
$198MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
23derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$11.9MderivedHNW RAUM over HNW clients
Average account
$923,986derivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+14%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+8.2%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminars, otherreportedItem 5.G
Custody
$463M, 70 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)
  • 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
  • High-net-worth individuals$774M98%
  • Corporations and businesses$9.5M1.2%
  • Individuals$9.1M1.1%
Individual clients
27reported
HNW clients
65reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
858reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$463M for 70 clientsreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Andrew David Clapper · Principal, Vice President And Assistant Secretarycontrol
      since 10/2011 · owns less than 5%
    • Paul Gary Droz · Managing Director, Senior Vice President And Assistant Secretarycontrol
      since 10/2011 · owns less than 5%
    • Alan William Landman · Principal, Manager Of Managing Membercontrol
      since 10/2011 · owns less than 5%
    • Marie Donna Rittershausen · Chief Compliance Officercontrol
      since 01/2012 · owns less than 5%
    • J William Romanelli · Chief Financial Officer, Treasurercontrol
      since 03/2022 · owns less than 5%
    • Saul David Turbiner · Director Of Advisory Services, Vice President And Secretarycontrol
      since 11/2011 · owns less than 5%
    • Alan William Landman · Member And Managercontrol
      since 10/2011 · owns 75% or more of Mainline Investment Partners, LLC
    Entity owners
    • Mainline Investment Partners, LLC · Member/Manager
      direct · owns 50% to 75%
    • Cape Capital Holdings Ag · Shareholder
      indirect · owns 75% or more of Mlpw Investor, Inc.
    • Rs Management Advisors, LLC · Trustee
      indirect · owns F of Rs 2018 Nv Trust
    • Mlpw Investor, Inc. · Investor Member
      direct · owns 10% to 25%
    • Rs 2018 Nv Trust · Investor Member
      direct · owns 10% to 25%
    Related persons
    Schedule D 7.A
    • Cms Fund Advisers, LLC
      investment advisernRAUM $814,325
    • Mainline Investment Advisers, LLC
      investment advisernRAUM $110M
    • Mainline Investment Partners, LLC
      pooled vehicle sponsory
    • Mainline Securities LLC
      broker-dealerreal estaten
    • Merion Cranberry Gp, LLC
      n
    • Merion Eagle Ridge Gp, LLC
      n
    • Merion Groton Gp, LLC
      n
    • Merion Locust Grove Gp, LLC
      n
    • Merion Milford Gp, LLC
      n
    • Merion Millsboro Gp, LLC
      n
    • Merion Multifamily Fund III Gp, LLC (General Partner Of Merion Multifamily Fund III, L.P.)
      pooled vehicle sponsorn
    • Merion Realty Advisers, LLC
      investment advisernRAUM $99.3M
    • Merion Realty Investment Partners, LLC
      pooled vehicle sponsorn
    • Merion Realty Ventures, LLC
      pooled vehicle sponsorn
    • Merion Shelton Gp, LLC
      n
    • Merion Stratford Gp, LLC
      n
    • Mmif II Gp, LLC (General Partner Of Merion Multifamily Investment Fund II, L.P.)
      pooled vehicle sponsorn
    • Mrm Residential Management LLC And Mrm Residential Management Holdings LLC
      investment companyn
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Wynnewood, Pa · principal000
    Offices
    Schedule D 1.F, the 25 largest
    • Pittsburgh, PA1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 432 to 858
      Mar 30, 2022 to Mar 30, 2023
    • Advisory employees · 8 to 7
      Mar 30, 2022 to Mar 30, 2023
    • HNW clients · 58 to 65
      Mar 30, 2022 to Mar 30, 2023
    • Assets in custody · $153M to $463M
      Mar 30, 2022 to Mar 30, 2023
    • Employees · 8 to 7
      Mar 30, 2022 to Mar 30, 2023
    • Discretionary RAUM · $662M to $747M
      Mar 30, 2022 to Mar 30, 2023
    • HNW RAUM · $671M to $774M
      Mar 30, 2022 to Mar 30, 2023
    • Individual RAUM · $9.4M to $9.1M
      Mar 30, 2022 to Mar 30, 2023
    • Non-discretionary RAUM · $30.5M to $45.8M
      Mar 30, 2022 to Mar 30, 2023
    • RAUM · $693M to $793M
      Mar 30, 2022 to Mar 30, 2023
    • Accounts · 640 to 432
      Nov 8, 2021 to Mar 30, 2022
    • Advisory employees · 9 to 8
      Nov 8, 2021 to Mar 30, 2022
    • BD registered reps · 4 to 3
      Nov 8, 2021 to Mar 30, 2022
    • HNW clients · 48 to 58
      Nov 8, 2021 to Mar 30, 2022
    • Individual clients · 38 to 27
      Nov 8, 2021 to Mar 30, 2022
    • Assets in custody · $384M to $153M
      Nov 8, 2021 to Mar 30, 2022
    • Employees · 9 to 8
      Nov 8, 2021 to Mar 30, 2022
    • State-registered IARs · 6 to 4
      Nov 8, 2021 to Mar 30, 2022
    • Discretionary RAUM · $555M to $662M
      Nov 8, 2021 to Mar 30, 2022
    • HNW RAUM · $594M to $671M
      Nov 8, 2021 to Mar 30, 2022
    • Individual RAUM · $12.8M to $9.4M
      Nov 8, 2021 to Mar 30, 2022
    • Non-discretionary RAUM · $62.1M to $30.5M
      Nov 8, 2021 to Mar 30, 2022
    • RAUM · $617M to $693M
      Nov 8, 2021 to Mar 30, 2022
    • Accounts · 482 to 640
      Nov 30, 2020 to Mar 30, 2021
    • Advisory employees · 10 to 9
      Nov 30, 2020 to Mar 30, 2021
    • HNW clients · 44 to 48
      Nov 30, 2020 to Mar 30, 2021
    • Individual clients · 50 to 38
      Nov 30, 2020 to Mar 30, 2021
    • Assets in custody · $346M to $384M
      Nov 30, 2020 to Mar 30, 2021
    • Employees · 10 to 9
      Nov 30, 2020 to Mar 30, 2021
    • State-registered IARs · 4 to 6
      Nov 30, 2020 to Mar 30, 2021
    • Discretionary RAUM · $486M to $555M
      Nov 30, 2020 to Mar 30, 2021
    • HNW RAUM · $605M to $594M
      Nov 30, 2020 to Mar 30, 2021
    • Individual RAUM · $14.1M to $12.8M
      Nov 30, 2020 to Mar 30, 2021
    • Non-discretionary RAUM · $143M to $62.1M
      Nov 30, 2020 to Mar 30, 2021
    • RAUM · $629M to $617M
      Nov 30, 2020 to Mar 30, 2021
    • Accounts · 471 to 482
      Sep 23, 2019 to Mar 30, 2020
    • Advisory employees · 11 to 10
      Sep 23, 2019 to Mar 30, 2020
    • BD registered reps · 5 to 4
      Sep 23, 2019 to Mar 30, 2020
    • Individual clients · 49 to 50
      Sep 23, 2019 to Mar 30, 2020
    • Assets in custody · $281M to $346M
      Sep 23, 2019 to Mar 30, 2020
    Signals
    11 dated events
    • William Alan Landman left Mainline Private Wealth, Llc for Mainline Investment Advisers, Llc (registered 2023-10-06)
      Oct 2, 2023 · Advisor changed firm · fact
    • Gary Paul Droz left Mainline Private Wealth, Llc for Cw Advisors, Llc (registered 2023-09-20)
      Oct 2, 2023 · Advisor changed firm · fact
    • Eric Oscar Zeltner left Mainline Private Wealth, Llc for Cw Advisors, Llc (registered 2023-09-27)
      Sep 28, 2023 · Advisor changed firm · fact
    • David Saul Turbiner left Mainline Private Wealth, Llc for Cw Advisors, Llc (registered 2023-09-22)
      Sep 28, 2023 · Advisor changed firm · fact
    • Richard Ernest Milburn left Mainline Private Wealth, Llc for Cw Advisors, Llc (registered 2023-09-19)
      Sep 26, 2023 · Advisor changed firm · fact
    • Mainline Private Wealth, LLC's advisors moved to CW Advisors, LLC (Wynnewood, PA): 4 of 5 registered, within 6 days
      Sep 26, 2023 · Firm absorbed (people side) · derived
    • Peterson Joyce Huffman (Chief Administrative Officer) no longer on Schedule A of Mainline Private Wealth, Llc (listed 2022-03-30, absent 2023-03-30)
      Mar 30, 2023 · Control person left · inference
    • J William Romanelli (Chief Financial Officer, Treasurer) appeared on Schedule A of Mainline Private Wealth, Llc
      Mar 30, 2022 · Control person joined · fact
    • Tucker John Adams (Chief Financial Officer, Treasurer, Vice President) no longer on Schedule A of Mainline Private Wealth, Llc (listed 2021-11-08, absent 2022-03-30)
      Mar 30, 2022 · Control person left · inference
    • Peterson Joyce Huffman (Chief Administrative Officer) appeared on Schedule A of Mainline Private Wealth, Llc
      Nov 8, 2021 · Control person joined · fact
    • Alan Richard Mitchell (General Counsel, Principal, Vice President And Secretary) no longer on Schedule A of Mainline Private Wealth, Llc (listed 2020-11-30, absent 2021-03-30)
      Mar 30, 2021 · 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026