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
Applied Financial Wisdom
Legal name Alliance Of Wealth Advisors, LLC
Latest filing Mar 9, 2026
First filing on the tape May 25, 2012 · 23 filings
SEC status approved since Jan 12, 2026
RAUM
$130M
reported, Item 5.F
Discretionary
69%
of RAUM
Private clients
100%
$130M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$130M
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$130M as of Mar 9, 2026
Mar 28, 2016$26.0M then
HNW client RAUM$45.0M as of Mar 9, 2026
Jan 12, 2026$45.0M then
State-registered IARs (5.B.3)1 as of Mar 9, 2026
Mar 28, 20163 then
Employees (5.A)1 as of Mar 9, 2026
Mar 28, 20167 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Mar 9, 2026; every figure names its basis
Archetypes, each a printed rule
- Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $130MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 151derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $45.0MderivedHNW RAUM over HNW clients
- Average account
- $404,503derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 69%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
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- unknownderivedbetween 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, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$85.0M65%
- High-net-worth individuals$45.0M35%
- Corporations and businesses$250,0000.2%
- Individual clients
- 150reported
- HNW clients
- 1reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 322reported
- Financial planning clients
- 11-25reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 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 |
|---|---|---|---|---|
| Christopher Michael RuspiCertified Financial Planner | New Market, Md | Jun 20, 2012 | 37 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
- John Anthony Mezzullo to Cambridge Investment Research Advisors, Inc.Nov 26, 2013 · Other
- Michael Anthony D'Andrea to Independent Financial PartnersOct 18, 2013 · Other
Joined, latest
- Michael Anthony D'Andrea from Independent Financial PartnersMay 7, 2013 · Other
- John Anthony Mezzullo from Research Financial StrategiesJul 30, 2012 · Other
- Christopher Michael Ruspi from Research Financial StrategiesJun 20, 2012 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Michael Christopher Ruspi · Managing Member & Chief Compliance Officercontrolsince 05/2012 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
- Rockville, MD1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- business activity changedChange between filings · filing Mar 9, 2026pension consulting (Item 5.G.6): yes on the filing of 2026-02-04, no on the filing of 2026-03-09peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
- Advisory activities · 5 to 4Feb 4, 2026 to Mar 9, 2026
- Corporate clients · unset to 1.0Feb 4, 2026 to Mar 9, 2026
- Discretionary RAUM · $90.0M to $90.3MFeb 4, 2026 to Mar 9, 2026
- RAUM · $130M to $130MFeb 4, 2026 to Mar 9, 2026
- Accounts · 246 to 322Nov 29, 2017 to Jan 12, 2026
- Corporate clients · 1.0 to unsetNov 29, 2017 to Jan 12, 2026
- HNW clients · 19 to 1Nov 29, 2017 to Jan 12, 2026
- Individual clients · 83 to 150Nov 29, 2017 to Jan 12, 2026
- Assets in custody · 0.0 to unsetNov 29, 2017 to Jan 12, 2026
- Custody of client assets · true to falseNov 29, 2017 to Jan 12, 2026
- Financial planning clients · 0 to 11-25Nov 29, 2017 to Jan 12, 2026
- HQ city · HIGHLAND to RAPID CITYNov 29, 2017 to Jan 12, 2026
- HQ state · MD to SDNov 29, 2017 to Jan 12, 2026
- Legal name · THE ALLIANCE OF WEALTH ADVISORS, LLC to ALLIANCE OF WEALTH ADVISORS, LLCNov 29, 2017 to Jan 12, 2026
- Other offices · 1 to 0Nov 29, 2017 to Jan 12, 2026
- Discretionary RAUM · $26.6M to $90.0MNov 29, 2017 to Jan 12, 2026
- HNW RAUM · $15.4M to $45.0MNov 29, 2017 to Jan 12, 2026
- Individual RAUM · $12.5M to $85.0MNov 29, 2017 to Jan 12, 2026
- Non-discretionary RAUM · $1.3M to $40.0MNov 29, 2017 to Jan 12, 2026
- RAUM · $27.9M to $130MNov 29, 2017 to Jan 12, 2026
- Related broker-dealer · true to falseNov 29, 2017 to Jan 12, 2026
- Corporate clients · unset to 1.0Sep 5, 2017 to Nov 29, 2017
- HNW clients · unset to 19.0Sep 5, 2017 to Nov 29, 2017
- Individual clients · unset to 83.0Sep 5, 2017 to Nov 29, 2017
- Financial planning clients · 11-25 to 0Sep 5, 2017 to Nov 29, 2017
- Other offices · unset to 1.0Sep 5, 2017 to Nov 29, 2017
- HNW RAUM · unset to 15360301.0Sep 5, 2017 to Nov 29, 2017
- Individual RAUM · unset to 12494701.0Sep 5, 2017 to Nov 29, 2017
- Assets in custody · unset to 0.0Mar 31, 2017 to Jun 9, 2017
- Custody of client assets · false to trueMar 31, 2017 to Jun 9, 2017
- Accounts · 291 to 246Apr 20, 2016 to Mar 31, 2017
- Discretionary RAUM · $26.0M to $26.6MApr 20, 2016 to Mar 31, 2017
- Non-discretionary RAUM · $0 to $1.3MApr 20, 2016 to Mar 31, 2017
- RAUM · $26.0M to $27.9MApr 20, 2016 to Mar 31, 2017
- Advisory employees · 3 to 1Mar 28, 2016 to Apr 20, 2016
- BD registered reps · 3 to 1Mar 28, 2016 to Apr 20, 2016
- Employees · 7 to 1Mar 28, 2016 to Apr 20, 2016
- Financial planning clients · 1-10 to 11-25Mar 28, 2016 to Apr 20, 2016
- State-registered IARs · 3 to 1Mar 28, 2016 to Apr 20, 2016
- Related broker-dealer · false to trueMar 28, 2016 to Apr 20, 2016
Signals
1 dated events
- Applied Financial Wisdom filed its initial SEC registration (Form ADV)Mar 30, 2015 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business phone
- 301-570-8006reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 605-600-4966reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 800-511-4101reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- APPLIEDFINANCIALWISDOM.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 301-570-8006reportedpublic record, Form ADV, Mar 9, 2026
- Team page
- APPLIEDFINANCIALWISDOM.COM/teamreportedpublished by the firm, firm site, Sep 16, 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
- $130Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026