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

Arthur Stein Financial, LLC

Former SEC-registered adviserBethesda, MarylandCRD 160627SEC 801-131069websiteIAPD
Latest filing Mar 23, 2026
First filing on the tape Aug 7, 2024 · 3 filings
SEC status approved since Sep 6, 2024
RAUM
$141M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$141M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
3 filings and snapshots on the tape
RAUM$141M as of Mar 23, 2026
Mar 27, 2025$116M then
HNW client RAUM$131M as of Mar 23, 2026
Mar 27, 2025$103M then
State-registered IARs (5.B.3)3 as of Mar 23, 2026
Mar 27, 20253 then
Employees (5.A)3 as of Mar 23, 2026
Mar 27, 20253 then
Private funds: no history
RAUM +21% over the last fiscal yearIARs 3 to 3
Practice profile
derived from the filing of Mar 23, 2026; every figure names its basis
RAUM per advisor
$47.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
25derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$498,780derivedRAUM 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
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+5.6%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, publicationsreportedItem 5.G
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
  • is an insurance broker or agent (6.A.6)
  • 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$131M93%
  • Individuals$10.2M7.2%
Individual clients
18reported
HNW clients
58reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
283reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
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
3 left, 0 joined in 12 months
net -3 in 12 months3 left in 90 days0 joined in 90 days4 left over 36 months
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
    • Arthur Stein · Managing Membercontrol
      since 01/2012 · owns 75% or more
    • Franki Brown · Chief Compliance Officer
      since 02/2022 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Bethesda, Md · principal002
    Marriottsville, Md001
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 271 to 283
      Mar 27, 2025 to Mar 23, 2026
    • HNW clients · 49 to 58
      Mar 27, 2025 to Mar 23, 2026
    • Individual clients · 23 to 18
      Mar 27, 2025 to Mar 23, 2026
    • Financial planning clients · 51-100 to 1-10
      Mar 27, 2025 to Mar 23, 2026
    • Discretionary RAUM · $116M to $141M
      Mar 27, 2025 to Mar 23, 2026
    • HNW RAUM · $103M to $131M
      Mar 27, 2025 to Mar 23, 2026
    • Individual RAUM · $13.4M to $10.2M
      Mar 27, 2025 to Mar 23, 2026
    • Non-discretionary RAUM · $0 to $125,204
      Mar 27, 2025 to Mar 23, 2026
    • RAUM · $116M to $141M
      Mar 27, 2025 to Mar 23, 2026
    • Accounts · 250 to 271
      Aug 7, 2024 to Mar 27, 2025
    • HNW clients · 48 to 49
      Aug 7, 2024 to Mar 27, 2025
    • Individual clients · 22 to 23
      Aug 7, 2024 to Mar 27, 2025
    • Financial planning clients · 1-10 to 51-100
      Aug 7, 2024 to Mar 27, 2025
    • Discretionary RAUM · $110M to $116M
      Aug 7, 2024 to Mar 27, 2025
    • HNW RAUM · $96.7M to $103M
      Aug 7, 2024 to Mar 27, 2025
    • Individual RAUM · $13.0M to $13.4M
      Aug 7, 2024 to Mar 27, 2025
    • RAUM · $110M to $116M
      Aug 7, 2024 to Mar 27, 2025
    Signals
    7 dated events
    • Arthur Stein Financial, Llc no longer on the SEC adviser roster (last listed 2026-06-01, RAUM $141.2M)
      Jul 1, 2026 · Left the SEC roster · derived
    • Zachary Brandon Smythe left Arthur Stein Financial, Llc for Allworth Financial, L.P. (registered 2026-06-01)
      Jun 25, 2026 · Advisor changed firm · fact
    • Paul Robert Cusumano left Arthur Stein Financial, Llc for Allworth Financial, L.P. (registered 2026-06-01)
      Jun 25, 2026 · Advisor changed firm · fact
    • Arthur Stein left Arthur Stein Financial, Llc for Allworth Financial, L.P. (registered 2026-06-01)
      Jun 25, 2026 · Advisor changed firm · fact
    • Arthur Stein Financial, LLC's advisors moved to Allworth Financial, L.P. (Bethesda, MD): 3 of 3 registered, on the same day
      Jun 25, 2026 · Firm absorbed (people side) · derived
    • Arthur Stein Financial, Llc filed its initial SEC registration (Form ADV)
      Aug 7, 2024 · First SEC registration · fact
    • Tanya Elizabeth Rapacz left Arthur Stein Financial, Llc for The Advisory Group Of San Francisco, Llc (registered 2023-11-29)
      Nov 28, 2023 · Advisor changed firm · fact
    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