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
Delegate Advisors, LLC
Latest filing Mar 25, 2026
First filing on the tape Dec 20, 2011 · 30 filings
SEC status approved since Jan 12, 2012
RAUM
$1.7B
reported, Item 5.F
Discretionary
43%
of RAUM
Private clients
82%
$1.4B individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$1.7B
derived; firm RAUM over IAPD count
Employees
13
13 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
1
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$1.7B as of Mar 25, 2026
Feb 28, 2013$773M then
HNW client RAUM$1.4B as of Mar 25, 2026
Mar 27, 2018$1.3B then
State-registered IARs (5.B.3)0 as of Mar 25, 2026
Feb 28, 20130 then
Employees (5.A)13 as of Mar 25, 2026
Feb 28, 201310 then
Private funds1 as of Mar 25, 2026
Jan 21, 20151 then
RAUM +17% over the last fiscal year+24% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
- Multi-family-office-like · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, average HNW client assets at least $25M, fewer than 200 HNW clients, and business name contains 'family office' or private funds are reported
- RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
- RAUM per advisor
- $1.7BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $33.5MderivedHNW RAUM over HNW clients
- Average account
- $1.3MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 43%derivedof RAUM
- Institutional
- 7.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 13.0derivedItem 5.A over advisors
- Advisors per office
- 0.3derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +17%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
- Custody
- $678M, 50 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)
- an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.4B82%
- Corporations and businesses$176M10%
- Insurance companies$130M7.6%
- Pooled investment vehicles$1.5M0.1%
- Individual clients
- n/areported
- HNW clients
- 42reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1,331reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $678M for 50 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.82 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Andrew Dimmitt HartCertified Financial Planner | Chapel Hill, Nc | Apr 22, 2022 | 39 y | 3 |
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 headcount0 left over 36 months
Left, latest
- Christopher Steven Roth to 5t Wealth, LLCMay 8, 2019 · RIA to RIA
Joined, latest
- Andrew Dimmitt Hart from Brownson, Rehmus & Foxworth, Inc.Apr 22, 2022 · Other
- Christopher Steven Roth from Brownson, Rehmus & Foxworth, Inc.Apr 30, 2013 · Other
Private funds
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Flexible Credit Fund, LP | Other Private Fund | $1.5M | 26 | Jan 21, 2015 |
Owners and control persons
Schedule A and B, latest filing
- Dunkin Benjamin Allison · Director Of Portfolio Managementcontrolsince 01/2013 · owns 10% to 25%
- Dimmitt Andrew Hart · Member - Advisory (Series C Units)controlsince 12/2011 · owns less than 5%
- Carolyn Ovaitt · Chief Compliance Officercontrolsince 11/2023 · owns less than 5%
- Rollin James Powers · Director Of Investment Researchcontrolsince 11/2023 · owns 5% to 10%
- Stephen Benjamin Thompson · President, Ciocontrolsince 01/2022 · owns 5% to 10%
- Dimmitt Andrew Hart · Ownersince 01/2023 · owns 75% or more of Alpha 27, LLC
- Stephen Benjamin Thompson · Ownersince 01/2023 · owns 75% or more of Spottail LLC
Entity owners
- Alpha 27, LLC · Member, Series C Unit Holderdirect · owns 50% to 75%
- Spottail LLC · Member, Series C Unit Holderdirect · owns 5% to 10%
Related persons
Schedule D 7.A
- Flexible Credit Fund Gp, LLCpooled vehicle sponsory
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- unusually large average HNW clientStatic outlier · filing Mar 25, 2026HNW RAUM per HNW client of $33,490,677 against a peer median of $3,645,749 (1308 comparable advisers, 98.0th percentile, 14.8 robust deviations)peers: independent wealth managers, $1B to $5B (1,308) · 98% percentile
- control person changedChange between filings · filing Mar 25, 2026HART, ANDREW, DIMMITT (MEMBER - ADVISORY (SERIES C UNITS)) left Schedule A between the filings of 2024-03-29 and 2026-03-25peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 1,277 to 1,331Mar 25, 2025 to Mar 25, 2026
- Advisory employees · 12 to 13Mar 25, 2025 to Mar 25, 2026
- BD registered reps · 0 to 1Mar 25, 2025 to Mar 25, 2026
- Charity clients · 1.0 to unsetMar 25, 2025 to Mar 25, 2026
- Corporate clients · 3 to 2Mar 25, 2025 to Mar 25, 2026
- HNW clients · 33 to 42Mar 25, 2025 to Mar 25, 2026
- Assets in custody · $569M to $678MMar 25, 2025 to Mar 25, 2026
- Discretionary RAUM · $479M to $742MMar 25, 2025 to Mar 25, 2026
- HNW RAUM · $1.1B to $1.4BMar 25, 2025 to Mar 25, 2026
- Non-discretionary RAUM · $984M to $972MMar 25, 2025 to Mar 25, 2026
- Pooled vehicle RAUM · $1.8M to $1.5MMar 25, 2025 to Mar 25, 2026
- RAUM · $1.5B to $1.7BMar 25, 2025 to Mar 25, 2026
- Accounts · 940 to 1,277Mar 29, 2024 to Mar 25, 2025
- Advisory employees · 13 to 12Mar 29, 2024 to Mar 25, 2025
- Charity clients · unset to 1.0Mar 29, 2024 to Mar 25, 2025
- Corporate clients · unset to 3.0Mar 29, 2024 to Mar 25, 2025
- HNW clients · 31 to 33Mar 29, 2024 to Mar 25, 2025
- Assets in custody · $229M to $569MMar 29, 2024 to Mar 25, 2025
- Financial planning clients · 26-50 to 26-50Mar 29, 2024 to Mar 25, 2025
- Other offices · 3 to 2Mar 29, 2024 to Mar 25, 2025
- Discretionary RAUM · $252M to $479MMar 29, 2024 to Mar 25, 2025
- HNW RAUM · $817M to $1.1BMar 29, 2024 to Mar 25, 2025
- Non-discretionary RAUM · $780M to $984MMar 29, 2024 to Mar 25, 2025
- Pooled vehicle RAUM · $2.1M to $1.8MMar 29, 2024 to Mar 25, 2025
- RAUM · $1.0B to $1.5BMar 29, 2024 to Mar 25, 2025
- Accounts · 870 to 940Nov 3, 2023 to Mar 29, 2024
- Advisory employees · 11 to 13Nov 3, 2023 to Mar 29, 2024
- HNW clients · 35 to 31Nov 3, 2023 to Mar 29, 2024
- Assets in custody · $213M to $229MNov 3, 2023 to Mar 29, 2024
- Employees · 12 to 13Nov 3, 2023 to Mar 29, 2024
- Financial planning clients · 0 to 26-50Nov 3, 2023 to Mar 29, 2024
- Other offices · 2 to 3Nov 3, 2023 to Mar 29, 2024
- Discretionary RAUM · $161M to $252MNov 3, 2023 to Mar 29, 2024
- HNW RAUM · $782M to $817MNov 3, 2023 to Mar 29, 2024
- Non-discretionary RAUM · $741M to $780MNov 3, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $6.5M to $2.1MNov 3, 2023 to Mar 29, 2024
- RAUM · $902M to $1.0BNov 3, 2023 to Mar 29, 2024
- Accounts · 775 to 870Mar 28, 2022 to Mar 28, 2023
- Advisory employees · 9 to 11Mar 28, 2022 to Mar 28, 2023
- HNW clients · 36 to 35Mar 28, 2022 to Mar 28, 2023
Signals
7 dated events
- Delegate Advisors, Llc reported RAUM $1.5B, up 42% from $1.0B (2024-03-29 to 2025-03-25)Mar 25, 2025 · RAUM change · derived
- Stephen Benjamin Thompson (President, Cio) appeared on Schedule A of Delegate Advisors, LlcMar 29, 2024 · Control person joined · fact
- Dunkin Benjamin Allison (Director Of Portfolio Management) appeared on Schedule A of Delegate Advisors, LlcMar 29, 2024 · Control person joined · fact
- M Joseph Fernandez (Owner) no longer on Schedule A of Delegate Advisors, Llc (listed 2023-11-03, absent 2024-03-29)Mar 29, 2024 · Control person left · inference
- Bernard Charles Mcatee (Owner) no longer on Schedule A of Delegate Advisors, Llc (listed 2023-11-03, absent 2024-03-29)Mar 29, 2024 · Control person left · inference
- Carolyn Ovaitt (Chief Compliance Officer) appeared on Schedule A of Delegate Advisors, LlcNov 3, 2023 · Control person joined · fact
- Delegate Advisors, Llc reported RAUM $794.6M, down 44% from $1.4B (2018-03-27 to 2019-03-28)Mar 28, 2019 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- Delegate Advisors, LLC · Independent Sponsorsshared crd · capital_provider
How to reach
public business contact points only, each with its source
- Business phone
- 919-932-8400reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/DELEGATE-ADVISORSreportedpublic record, Form ADV, Sep 17, 2026
- Website
- DELEGATEADVISORS.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 919-932-8400reportedpublic record, Form ADV, Mar 25, 2026
- Contact form
- delegateadvisors.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- delegateadvisors.com/our-teamreportedpublished 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
- $1.7Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026