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

Ironwood Capital Advisors LLC

Former SEC-registered adviserAvon, ConnecticutCRD 161221SEC 801-74703IAPD
Legal name Ironwood Capital Advisors III LLC
Latest filing Apr 18, 2022
First filing on the tape Mar 20, 2012 · 16 filings
RAUM
$869M
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
20
18 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
7
$869M gross assets
History
16 filings and snapshots on the tape
RAUM$786M as of Mar 31, 2022
Mar 28, 2013$493M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2022
Mar 28, 20130 then
Employees (5.A)20 as of Mar 31, 2022
Mar 28, 201315 then
Private funds5 as of Mar 31, 2022
Mar 28, 20133 then
RAUM +51% over the last fiscal year+6.0% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 18, 2022; 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
$124MderivedRAUM 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
+37%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, performance-basedreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$869M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
7reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
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
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Ironwood Mezzanine Fund III-A LPPrivate Equity Fund$28.4M18Mar 20, 2012
      Ironwood Mezzanine Fund III LPPrivate Equity Fund$25.6M23Mar 20, 2012
      Connecticut Growth Fund, LPno longer reportedOther Private Fund$6.6M32Mar 20, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • Raymond James Barra · Partner And Chief Operating Officercontrol
        since 06/2011 · owns less than 5%
      • Cusworth Carolyn Galiette · Partner, President And Chief Investment Officercontrol
        since 08/2015 · owns less than 5%
      • Alexander Levental · Partnercontrol
        since 01/2021 · owns less than 5%
      • Robert Zachary Luce · Partner And Chief Financial Officercontrol
        since 01/2021 · owns less than 5%
      • Andrew Marc Reich · Partner And Chairmancontrol
        since 08/2015 · owns less than 5%
      • James Roger Jr. Roche · Partnercontrol
        since 06/2011 · owns less than 5%
      • Dickson Suit · Partnercontrol
        since 06/2011 · owns less than 5%
      • Driscoll Ellen Stotler · Chief Compliance Officer And Vp, Investment Operations
        since 06/2011 · owns less than 5%
      Entity owners
      • Ironwood Capital Holdings LLC · Owner
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • Ironwood Capital Advisors II LLC
        investment advisern
      • Ironwood Capital Advisors IV LLC
        investment advisern
      • Ironwood Capital Advisors V LLC
        investment advisern
      • Ironwood Capital Connecticut I LLC
        investment advisern
      • Ironwood Capital Management LLC
        investment advisern
      • Ironwood Capital Management V LLC
        pooled vehicle sponsorn
      • Ironwood Capital Management V Sbic LLC
        pooled vehicle sponsorn
      • Ironwood Equity Management LLC
        pooled vehicle sponsorn
      • Ironwood Mezzanine Management II LLC
        pooled vehicle sponsorn
      • Ironwood Mezzanine Management III LLC
        pooled vehicle sponsorn
      • Ironwood Mezzanine Management III-A LLC
        pooled vehicle sponsorn
      • Ironwood Mezzanine Management IV LLC
        pooled vehicle sponsorn
      • Ironwood Mezzanine Management IV-A LLC
        pooled vehicle sponsorn
      Advisers that list Ironwood Capital Advisors LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 6 to 7
        Mar 31, 2022 to Apr 18, 2022
      • Business name · IRONWOOD CAPITAL ADVISORS III LLC to IRONWOOD CAPITAL ADVISORS LLC
        Mar 31, 2022 to Apr 18, 2022
      • Pooled vehicle clients · 6 to 7
        Mar 31, 2022 to Apr 18, 2022
      • Private funds · 5 to 7
        Mar 31, 2022 to Apr 18, 2022
      • Discretionary RAUM · $786M to $869M
        Mar 31, 2022 to Apr 18, 2022
      • Pooled vehicle RAUM · $786M to $869M
        Mar 31, 2022 to Apr 18, 2022
      • RAUM · $786M to $869M
        Mar 31, 2022 to Apr 18, 2022
      • Accounts · 13 to 6
        Dec 24, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 13 to 6
        Dec 24, 2021 to Mar 31, 2022
      • Assets in custody · $2.8M to $0
        Dec 24, 2021 to Mar 31, 2022
      • Custody of client assets · true to false
        Dec 24, 2021 to Mar 31, 2022
      • Private funds · 10 to 5
        Dec 24, 2021 to Mar 31, 2022
      • Discretionary RAUM · $528M to $786M
        Dec 24, 2021 to Mar 31, 2022
      • Non-discretionary RAUM · $46.3M to $0
        Dec 24, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $575M to $786M
        Dec 24, 2021 to Mar 31, 2022
      • RAUM · $575M to $786M
        Dec 24, 2021 to Mar 31, 2022
      • Advisory employees · 20 to 18
        Mar 31, 2020 to Mar 31, 2021
      • Assets in custody · $3.8M to $2.8M
        Mar 31, 2020 to Mar 31, 2021
      • Discretionary RAUM · $601M to $528M
        Mar 31, 2020 to Mar 31, 2021
      • Non-discretionary RAUM · $54.3M to $46.3M
        Mar 31, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $656M to $575M
        Mar 31, 2020 to Mar 31, 2021
      • RAUM · $656M to $575M
        Mar 31, 2020 to Mar 31, 2021
      • Advisory employees · 19 to 20
        Mar 28, 2019 to Mar 31, 2020
      • Assets in custody · $17.8M to $3.8M
        Mar 28, 2019 to Mar 31, 2020
      • Employees · 19 to 20
        Mar 28, 2019 to Mar 31, 2020
      • Discretionary RAUM · $669M to $601M
        Mar 28, 2019 to Mar 31, 2020
      • Non-discretionary RAUM · $60.5M to $54.3M
        Mar 28, 2019 to Mar 31, 2020
      • Pooled vehicle RAUM · $730M to $656M
        Mar 28, 2019 to Mar 31, 2020
      • RAUM · $730M to $656M
        Mar 28, 2019 to Mar 31, 2020
      • Assets in custody · $6.0M to $17.8M
        Apr 13, 2018 to Mar 28, 2019
      • Discretionary RAUM · $522M to $669M
        Apr 13, 2018 to Mar 28, 2019
      • Non-discretionary RAUM · $70.0M to $60.5M
        Apr 13, 2018 to Mar 28, 2019
      • Pooled vehicle RAUM · $592M to $730M
        Apr 13, 2018 to Mar 28, 2019
      • RAUM · $592M to $730M
        Apr 13, 2018 to Mar 28, 2019
      • Accounts · 10 to 13
        Mar 31, 2017 to Mar 31, 2018
      • Pooled vehicle clients · unset to 13.0
        Mar 31, 2017 to Mar 31, 2018
      • Assets in custody · $4.0M to $6.0M
        Mar 31, 2017 to Mar 31, 2018
      • Other offices · unset to 0.0
        Mar 31, 2017 to Mar 31, 2018
      • Private funds · 9 to 10
        Mar 31, 2017 to Mar 31, 2018
      • Discretionary RAUM · $326M to $522M
        Mar 31, 2017 to Mar 31, 2018
      Signals
      3 dated events
      • Ironwood Capital Advisors Llc reported RAUM $786.1M, up 37% from $574.8M (2021-12-24 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Alexander Levental (Partner) appeared on Schedule A of Ironwood Capital Advisors Llc
        Dec 24, 2021 · Control person joined · fact
      • Ironwood Capital Advisors Llc reported RAUM $592.0M, up 44% from $410.9M (2017-03-31 to 2018-03-31)
        Mar 31, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      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