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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Former SEC-registered adviser
P•• F••••••••
Latest filing Jan 28, 2025
First filing on the tape Sep 13, 2012 · 19 filings
SEC status approved since Aug 17, 2020
RAUM
$268M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$268M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$268M as of Jan 28, 2025
Feb 4, 2021$193M then
HNW client RAUM$167M as of Jan 28, 2025
Feb 4, 2021$109M then
State-registered IARs (5.B.3)3 as of Jan 28, 2025
Feb 4, 20213 then
Employees (5.A)4 as of Jan 28, 2025
Feb 4, 20215 then
Private funds: no history
RAUM +15% over the last fiscal year+7.3% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Jan 28, 2025; every figure names its basis
- RAUM per advisor
- $89.3MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 173derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.8MderivedHNW RAUM over HNW clients
- Average account
- $264,772derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +15%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +3.0%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- 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
- 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)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$167M62%
- Individuals$101M38%
- Individual clients
- 459reported
- HNW clients
- 60reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 1,012reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- 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 months0 left in 90 days0 joined in 90 days3 left over 36 months
Left, latest
- K•••••• C•••••• C••••••• to P• N••• F•••••••• S••••••• L••Dec 31, 2025 · RIA to RIA
- C••••••••• M•••••• to P• N••• F•••••••• S••••••• L••Dec 31, 2025 · RIA to RIA
- M•••••• D•••• C••••••• to P• N••• F•••••••• S••••••• L••Dec 31, 2025 · RIA to RIA
Joined, latest
- C••••••••• M•••••• from H• B•••• I•••Jan 3, 2020 · Other
- K•••••• C•••••• C••••••• from C••••••••• C•••••• A•••••••• L••Jan 14, 2013 · Other
- M•••••• D•••• C••••••• from C••••••••• C•••••• A•••••••• L••Jan 14, 2013 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 3 left for P• N••• F•••••••• S••••••• L••Dec 31, 2025 · Newtown, Pa · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- C•••••••• J••••• M•••••• · Ownercontrolsince 07/2013 · owns 5% to 10%
- C•••••••• M••••••• D•••• · Principal/Chief Compliance Officercontrolsince 08/2012 · owns 25% to 50%
- C•••••••• K••••••• C•••••• · Principal/Treasurer/Secretarycontrolsince 08/2012 · owns 25% to 50%
- C•••••••• V•••••••• M••• · Ownercontrolsince 07/2013 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Newtown, Pa · principal | 0 | 0 | 3 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,025 to 1,012Feb 21, 2024 to Jan 28, 2025
- HNW clients · 63 to 60Feb 21, 2024 to Jan 28, 2025
- Individual clients · 441 to 459Feb 21, 2024 to Jan 28, 2025
- Employees · 5 to 4Feb 21, 2024 to Jan 28, 2025
- Financial planning clients · unset to Feb 21, 2024 to Jan 28, 2025
- Discretionary RAUM · $232M to $268MFeb 21, 2024 to Jan 28, 2025
- HNW RAUM · $123M to $167MFeb 21, 2024 to Jan 28, 2025
- Individual RAUM · $110M to $101MFeb 21, 2024 to Jan 28, 2025
- RAUM · $232M to $268MFeb 21, 2024 to Jan 28, 2025
- Accounts · 889 to 1,025Mar 1, 2023 to Feb 21, 2024
- Advisory activities · 2 to 3Mar 1, 2023 to Feb 21, 2024
- HNW clients · 41 to 63Mar 1, 2023 to Feb 21, 2024
- Individual clients · 405 to 441Mar 1, 2023 to Feb 21, 2024
- Discretionary RAUM · $206M to $232MMar 1, 2023 to Feb 21, 2024
- HNW RAUM · $112M to $123MMar 1, 2023 to Feb 21, 2024
- Individual RAUM · $93.5M to $110MMar 1, 2023 to Feb 21, 2024
- RAUM · $206M to $232MMar 1, 2023 to Feb 21, 2024
- Accounts · 855 to 889Jan 25, 2022 to Mar 1, 2023
- HNW clients · 42 to 41Jan 25, 2022 to Mar 1, 2023
- Individual clients · 420 to 405Jan 25, 2022 to Mar 1, 2023
- Discretionary RAUM · $217M to $206MJan 25, 2022 to Mar 1, 2023
- HNW RAUM · $121M to $112MJan 25, 2022 to Mar 1, 2023
- Individual RAUM · $96.5M to $93.5MJan 25, 2022 to Mar 1, 2023
- RAUM · $217M to $206MJan 25, 2022 to Mar 1, 2023
- Accounts · 571 to 855Apr 6, 2021 to Jan 25, 2022
- HNW clients · 39 to 42Apr 6, 2021 to Jan 25, 2022
- Individual clients · 532 to 420Apr 6, 2021 to Jan 25, 2022
- Discretionary RAUM · $193M to $217MApr 6, 2021 to Jan 25, 2022
- HNW RAUM · $109M to $121MApr 6, 2021 to Jan 25, 2022
- Individual RAUM · $84.1M to $96.5MApr 6, 2021 to Jan 25, 2022
- RAUM · $193M to $217MApr 6, 2021 to Jan 25, 2022
- Accounts · 825 to 571Sep 15, 2020 to Feb 4, 2021
- HNW clients · 29 to 39Sep 15, 2020 to Feb 4, 2021
- Individual clients · 334 to 532Sep 15, 2020 to Feb 4, 2021
- Discretionary RAUM · $164M to $193MSep 15, 2020 to Feb 4, 2021
- HNW RAUM · $85.8M to $109MSep 15, 2020 to Feb 4, 2021
- Individual RAUM · $78.4M to $84.1MSep 15, 2020 to Feb 4, 2021
- RAUM · $164M to $193MSep 15, 2020 to Feb 4, 2021
- Accounts · 0 to 825Feb 7, 2013 to Jun 24, 2020
- Advisory employees · 2 to 3Feb 7, 2013 to Jun 24, 2020
Signals
8 dated events
- P•• F•••••••• no longer on the SEC adviser roster (last listed 2025-12-20, RAUM $267.9M)Jan 2, 2026 · Left the SEC roster · derived
- K•••••• C•••••• C••••••• left P•• F•••••••• for P• N••• F•••••••• S••••••• L•• (registered 2026-02-27)Dec 31, 2025 · Advisor changed firm · fact
- C••••••••• M•••••• left P•• F•••••••• for P• N••• F•••••••• S••••••• L•• (registered 2026-02-12)Dec 31, 2025 · Advisor changed firm · fact
- M•••••• D•••• C••••••• left P•• F•••••••• for P• N••• F•••••••• S••••••• L•• (registered 2026-03-27)Dec 31, 2025 · Advisor changed firm · fact
- P•• F••••••••'s advisors moved to P• N••• F•••••••• S••••••• L•• (Newtown, PA): 3 of 3 registered, on the same dayDec 31, 2025 · Firm absorbed (people side) · derived
- M James Carlucci (Owner) appeared on Schedule A of P•• F••••••••Jun 24, 2020 · Control person joined · fact
- Mary Virginia Coniglio (Owner) appeared on Schedule A of P•• F••••••••Jun 24, 2020 · Control person joined · fact
- P••• W••••• A••••••• L•• filed its initial SEC registration (Form ADV)Sep 13, 2012 · 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.
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