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.

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SEC-registered adviser

C•• C•••••• I•• I•••

Asset manager (funds and pooled vehicles)Carmel, IndianaCRD 160776SEC 801-79434websiteIAPD
Latest filing Mar 17, 2026
First filing on the tape Mar 18, 2014 · 18 filings
SEC status approved since Apr 9, 2014
RAUM
$516M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
12
12 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$516M as of Mar 17, 2026
Mar 26, 2015$237M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 17, 2026
Mar 26, 20150 then
Employees (5.A)12 as of Mar 17, 2026
Mar 26, 20158 then
Private funds5 as of Mar 17, 2026
Mar 26, 20152 then
RAUM -8.6% over the last fiscal year+17% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 17, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM 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
$103MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-8.6%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, otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • 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 testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$516M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
5reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      8 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• E•••• J• · Partnercontrol
        since 04/2023 · owns 25% to 50%
      • C•••• S••••• A• · President & Managing Partnercontrol
        since 04/2023 · owns 25% to 50%
      • D••••••••• E•••• B••••••• · Partnercontrol
        since 08/2023 · owns 25% to 50%
      • H•••• C•••• W• · Partnercontrol
        since 08/2023 · owns 25% to 50%
      • M•••••• D••••••• A••• · Chief Compliance Officer, Chief Financial Officercontrol
        since 01/2007 · owns less than 5%
      Related persons
      Schedule D 7.A
      • C•• C•••••• O••••••••• P••••••• I••• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 9 to 5
        Mar 21, 2025 to Mar 17, 2026
      • Advisory employees · 10 to 12
        Mar 21, 2025 to Mar 17, 2026
      • Pooled vehicle clients · 9 to 5
        Mar 21, 2025 to Mar 17, 2026
      • Employees · 10 to 12
        Mar 21, 2025 to Mar 17, 2026
      • Private funds · 9 to 5
        Mar 21, 2025 to Mar 17, 2026
      • Discretionary RAUM · $564M to $516M
        Mar 21, 2025 to Mar 17, 2026
      • Pooled vehicle RAUM · $564M to $516M
        Mar 21, 2025 to Mar 17, 2026
      • RAUM · $564M to $516M
        Mar 21, 2025 to Mar 17, 2026
      • Accounts · 6 to 9
        Mar 25, 2024 to Mar 21, 2025
      • Advisory employees · 9 to 10
        Mar 25, 2024 to Mar 21, 2025
      • Pooled vehicle clients · 6 to 9
        Mar 25, 2024 to Mar 21, 2025
      • Employees · 9 to 10
        Mar 25, 2024 to Mar 21, 2025
      • Financial planning clients · unset to
        Mar 25, 2024 to Mar 21, 2025
      • Private funds · 6 to 9
        Mar 25, 2024 to Mar 21, 2025
      • Discretionary RAUM · $292M to $564M
        Mar 25, 2024 to Mar 21, 2025
      • Pooled vehicle RAUM · $292M to $564M
        Mar 25, 2024 to Mar 21, 2025
      • RAUM · $292M to $564M
        Mar 25, 2024 to Mar 21, 2025
      • Discretionary RAUM · $320M to $292M
        Sep 14, 2023 to Mar 25, 2024
      • Pooled vehicle RAUM · $320M to $292M
        Sep 14, 2023 to Mar 25, 2024
      • RAUM · $320M to $292M
        Sep 14, 2023 to Mar 25, 2024
      • Accounts · 3 to 6
        Mar 8, 2022 to Mar 30, 2023
      • Pooled vehicle clients · 3 to 6
        Mar 8, 2022 to Mar 30, 2023
      • Private funds · 4 to 6
        Mar 8, 2022 to Mar 30, 2023
      • Discretionary RAUM · $256M to $320M
        Mar 8, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $256M to $320M
        Mar 8, 2022 to Mar 30, 2023
      • RAUM · $256M to $320M
        Mar 8, 2022 to Mar 30, 2023
      • Accounts · 1 to 3
        May 21, 2021 to Mar 8, 2022
      • Advisory employees · 8 to 9
        May 21, 2021 to Mar 8, 2022
      • Pooled vehicle clients · 1 to 3
        May 21, 2021 to Mar 8, 2022
      • Employees · 8 to 9
        May 21, 2021 to Mar 8, 2022
      • Private funds · 2 to 4
        May 21, 2021 to Mar 8, 2022
      • Discretionary RAUM · $217M to $256M
        May 21, 2021 to Mar 8, 2022
      • Pooled vehicle RAUM · $217M to $256M
        May 21, 2021 to Mar 8, 2022
      • RAUM · $217M to $256M
        May 21, 2021 to Mar 8, 2022
      • Private funds · 1 to 2
        Mar 15, 2021 to May 21, 2021
      • Accounts · 2 to 1
        Mar 9, 2020 to Mar 15, 2021
      • Pooled vehicle clients · 2 to 1
        Mar 9, 2020 to Mar 15, 2021
      • HQ city · INDIANAPOLIS to CARMEL
        Mar 9, 2020 to Mar 15, 2021
      • Private funds · 2 to 1
        Mar 9, 2020 to Mar 15, 2021
      • Discretionary RAUM · $162M to $217M
        Mar 9, 2020 to Mar 15, 2021
      Signals
      6 dated events
      • C•• C•••••• I•• I••• reported RAUM $564.0M, up 93% from $292.4M (2024-03-25 to 2025-03-21)
        Mar 21, 2025 · RAUM change · derived
      • E Scot Swenberg (Partner) no longer on Schedule A of C•• C•••••• I•• I••• (listed 2023-03-30, absent 2023-09-14)
        Sep 14, 2023 · Control person left · inference
      • Benjamin Eric Derheimer (Partner) appeared on Schedule A of C•• C•••••• I•• I•••
        Sep 14, 2023 · Control person joined · fact
      • W Cory Heck (Partner) appeared on Schedule A of C•• C•••••• I•• I•••
        Sep 14, 2023 · Control person joined · fact
      • Charles John Aplin (Chairman And Managing Director, Shareholder) no longer on Schedule A of C•• C•••••• I•• I••• (listed 2019-03-25, absent 2020-03-09)
        Mar 9, 2020 · Control person left · inference
      • C•• C•••••• I•• I••• filed its initial SEC registration (Form ADV)
        Mar 18, 2014 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/cid-capitalreportedpublic record, Form ADV, Sep 18, 2026
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      317-818-5030reportedpublic record, Form ADV, Mar 17, 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026