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

V••••• C••••••• L••

Independent wealth managerChicago, IllinoisCRD 165855SEC 801-77335websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Oct 30, 2012 · 62 filings
SEC status approved since Oct 1, 2012
RAUM
$2.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
92%
$2.1B individuals and HNW
Advisors
24
registered through the firm on IAPD
RAUM per advisor
$94.8M
derived; firm RAUM over IAPD count
Employees
27
24 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
62 filings and snapshots on the tape
RAUM$2.3B as of Mar 27, 2026
Mar 28, 2013$444M then
HNW client RAUM$1.9B as of Mar 27, 2026
Mar 26, 2018$458M then
State-registered IARs (5.B.3)24 as of Mar 27, 2026
Mar 28, 201311 then
Employees (5.A)27 as of Mar 27, 2026
Mar 28, 201312 then
Private funds: no history
RAUM +9.4% over the last fiscal year+16% a year over threeIARs 21 to 24
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
RAUM per advisor
$94.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
50derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.3MderivedHNW RAUM over HNW clients
Average account
$606,422derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
5.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.1derivedItem 5.A over advisors
Advisors per office
8.0derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+9.4%derivedbetween the last two annual amendments
Advisor growth, one year
+14%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.5%derived
Compensation
percentage of assets, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, publications, educational seminars, otherreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$195M, 958 clientsreportedItem 9.A
Ownership
controlled by a public reporting companyderived
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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.9B85%
  • Individuals$162M7.1%
  • Pension and profit-sharing plans$114M5.0%
  • Corporations and businesses$69.2M3.0%
  • Charitable organizations$5.9M0.3%
Individual clients
605reported
HNW clients
592reported
Pension plan clients
62reported
Charitable clients
5reported
Accounts
3,753reported
Financial planning clients
251-500reported
Wrap fee programs
$0 sponsored, $5.0M managedreported
Custody of client assets
$195M for 958 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.92 fund_share=0.0 institutional_share=0.05 related_bd=true related_bank=true bd_reps=0.0 bank_owner=falsederived
Advisors registered through the firm
24 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
T•••••• R•••• D••••••Chartered Financial AnalystChicago, IlFeb 10, 202222 y4
T••••• B•••• E•••Chicago, IlFeb 10, 202211 y2
J•••• A• B••••••••Chicago, IlFeb 10, 202223 y4
J••• A••••• S•••••Chicago, IlFeb 10, 202219 y2
S••••••• H••••••• D••••••Chicago, IlFeb 10, 202215 y2
C•••••• C••••• B•••Chicago, IlFeb 10, 202217 y1
P•••• J• M••••••Certified Financial PlannerChicago, IlFeb 10, 202216 y2
M••• R•••••• H•••••Certified Financial PlannerChicago, IlFeb 10, 202218 y6
J••• P• D•••••Chicago, IlFeb 10, 202213 y2
B•••• C• B••••Certified Financial PlannerChicago, IlFeb 10, 202213 y1
J••• A••• G•••Chicago, IlFeb 10, 202210 y2
S••• L••••• B••••Chicago, IlFeb 10, 202213 y1
D••••• J•••• S••••Certified Financial PlannerChicago, IlFeb 10, 202241 y3
E••••• S•• M•••Chicago, IlFeb 10, 202238 y3
M••••• B••••••Chicago, IlFeb 15, 202235 y3
J••• M•••••• M•••••Chartered Financial AnalystChicago, IlJun 14, 202210 y0
A•••••• W•••• G••••••••Chicago, IlJul 26, 202220 y3
S•••••• M• K••••••Chicago, IlNov 17, 202214 y1
S•••• A•••••• S••••Chicago, IlFeb 9, 202341 y5
E••• A•••••• S•••••••Chicago, IlFeb 27, 202414 y0
L••••• C•••••••Certified Financial PlannerChicago, IlMay 24, 202412 y1
G•••• M•••••Chicago, IlJul 11, 202412 y0
W•••••• R• G•••••Chicago, IlJun 16, 202512 y0
K•••• M•••• T•••••Chicago, IlApr 28, 202611 y0
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
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • B••••• B••••• C• · Partnercontrol
    since 03/2023 · owns less than 5%
  • B••••••• M••••• · Presidentcontrol
    since 12/2012 · owns less than 5%
  • M••••••• P••••• J• · Partnercontrol
    since 12/2020 · owns less than 5%
  • S••••• D•••••• J•••• · Executive Vice Presidentcontrol
    since 10/2012 · owns less than 5%
  • S••••• S••••• A•••••• · Partnercontrol
    since 12/2020 · owns less than 5%
  • B•••• C••••••• C••••• · Chief Compliance Officer
    since 06/2020 · owns less than 5%
  • D••••••• S•••••••• H••••••• · Chief O•••••••• Officer
    since 01/2024 · owns less than 5%
Entity owners
  • F•••• O••••••••• L•• · Member
    direct · owns 75% or more
  • C••• F•••••••• C••••••••• L••• · Partner
    indirect · owns 25% to 50% of C••• F•••••••• H•••••••• L•••
  • C••• F•••••••• H•••••••• L••• · Partner
    indirect · owns 50% to 75% of F•••••••• F•• U••••••• H•••••••• L•
  • C•••••• D••••••• • R••• F••• X••• L••• · Partner
    indirect · owns 50% to 75% of C••• F•••••••• H•••••••• L•••
  • F•••••••• F•• A••••••••• L•• · Shareholder, Class A Common Stock
    indirect · owns 75% or more of F•••• F•••••••• P•••••••• L••
  • F•••••••• F•• I••••••••• H•••••••• L•• · Member
    indirect · owns 75% or more of F•••••••• F•• A••••••••• L••
  • F•••••••• F•• P•••••• I••• · Member
    indirect · owns 75% or more of F•••••••• F•• I••••••••• H•••••••• L••
  • F•••••••• F•• U••••••• H•••••••• L• · Shareholder, Class A Common Stock
    indirect · owns 75% or more of F•••• F•••••••• P••••••• I•••
  • F•••••••• F•• U••••••• H•••••••• L• · Shareholder
    indirect · owns 75% or more of F•••••••• F•• P•••••• I•••
  • F•••• F•••••••• P••••••• I••• · Managing Member
    indirect · owns 75% or more of F•••• F•••••••• P•••••••• L••
  • F•••• F•••••••• P•••••••• L•• · Member
    indirect · owns 75% or more of F•••• O••••••••• L••
Related persons
Schedule D 7.A
  • F•••• R••• S••••••••• L••
    real estaten
Advisers that list V••••• C••••••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Chicago, Il · principal2410
Offices
Schedule D 1.F, the 25 largest
  • Lake Forest, IL4 employees
  • Oakbrook, IL1 employees
What changed
consecutive filings, newest first
  • Accounts · 3,472 to 3,753
    Apr 9, 2025 to Mar 27, 2026
  • Advisory employees · 21 to 24
    Apr 9, 2025 to Mar 27, 2026
  • Charity clients · 4 to 5
    Apr 9, 2025 to Mar 27, 2026
  • Corporate clients · 23 to 24
    Apr 9, 2025 to Mar 27, 2026
  • HNW clients · 574 to 592
    Apr 9, 2025 to Mar 27, 2026
  • Individual clients · 594 to 605
    Apr 9, 2025 to Mar 27, 2026
  • Pension plan clients · 75 to 62
    Apr 9, 2025 to Mar 27, 2026
  • Assets in custody · $1.1B to $195M
    Apr 9, 2025 to Mar 27, 2026
  • Financial planning clients · 101-250 to 251-500
    Apr 9, 2025 to Mar 27, 2026
  • State-registered IARs · 21 to 24
    Apr 9, 2025 to Mar 27, 2026
  • Discretionary RAUM · $2.1B to $2.3B
    Apr 9, 2025 to Mar 27, 2026
  • HNW RAUM · $1.7B to $1.9B
    Apr 9, 2025 to Mar 27, 2026
  • Individual RAUM · $161M to $162M
    Apr 9, 2025 to Mar 27, 2026
  • Non-discretionary RAUM · $0 to $1.3M
    Apr 9, 2025 to Mar 27, 2026
  • Pension RAUM · $116M to $114M
    Apr 9, 2025 to Mar 27, 2026
  • RAUM · $2.1B to $2.3B
    Apr 9, 2025 to Mar 27, 2026
  • Wrap assets (manager) · $4.9M to $5.0M
    Apr 9, 2025 to Mar 27, 2026
  • Related insurance company · false to true
    Oct 21, 2024 to Apr 9, 2025
  • Accounts · 3,134 to 3,472
    Oct 21, 2024 to Apr 9, 2025
  • Corporate clients · 18 to 23
    Oct 21, 2024 to Apr 9, 2025
  • HNW clients · 479 to 574
    Oct 21, 2024 to Apr 9, 2025
  • Individual clients · 574 to 594
    Oct 21, 2024 to Apr 9, 2025
  • Pension plan clients · 73 to 75
    Oct 21, 2024 to Apr 9, 2025
  • Assets in custody · $683M to $1.1B
    Oct 21, 2024 to Apr 9, 2025
  • Employees · 25 to 27
    Oct 21, 2024 to Apr 9, 2025
  • Financial planning clients · 101-250 to 101-250
    Oct 21, 2024 to Apr 9, 2025
  • State-registered IARs · 22 to 21
    Oct 21, 2024 to Apr 9, 2025
  • Discretionary RAUM · $1.8B to $2.1B
    Oct 21, 2024 to Apr 9, 2025
  • HNW RAUM · $1.4B to $1.7B
    Oct 21, 2024 to Apr 9, 2025
  • Individual RAUM · $155M to $161M
    Oct 21, 2024 to Apr 9, 2025
  • Non-discretionary RAUM · $928,829 to $0
    Oct 21, 2024 to Apr 9, 2025
  • Pension RAUM · $108M to $116M
    Oct 21, 2024 to Apr 9, 2025
  • RAUM · $1.8B to $2.1B
    Oct 21, 2024 to Apr 9, 2025
  • Wrap assets (manager) · $4.2M to $4.9M
    Oct 21, 2024 to Apr 9, 2025
  • Accounts · 2,687 to 3,134
    Mar 6, 2024 to Mar 27, 2024
  • Corporate clients · 19 to 18
    Mar 6, 2024 to Mar 27, 2024
  • HNW clients · 388 to 479
    Mar 6, 2024 to Mar 27, 2024
  • Individual clients · 539 to 574
    Mar 6, 2024 to Mar 27, 2024
  • Pension plan clients · 88 to 73
    Mar 6, 2024 to Mar 27, 2024
  • Assets in custody · $872M to $683M
    Mar 6, 2024 to Mar 27, 2024
Signals
8 dated events
  • C. Brian Baker (Partner) appeared on Schedule A of V••••• C••••••• L••
    Sep 11, 2023 · Control person joined · fact
  • V••••• C••••••• L•• reported RAUM $1.4B, up 44% from $944.5M (2020-10-02 to 2021-01-02)
    Jan 2, 2021 · RAUM change · derived
  • Anthony Scott Stuth (Partner) appeared on Schedule A of V••••• C••••••• L••
    Jan 2, 2021 · Control person joined · fact
  • J Peter Mullins (Partner) appeared on Schedule A of V••••• C••••••• L••
    Jan 2, 2021 · Control person joined · fact
  • V••••• C••••••• L•• reported RAUM $993.1M, up 30% from $763.9M (2019-07-02 to 2020-02-14)
    Feb 14, 2020 · RAUM change · derived
  • Patrick W•••••• Mcnulty (Treasurer & Chief Compliance Officer) no longer on Schedule A of V••••• C••••••• L•• (listed 2019-07-02, absent 2020-02-14)
    Feb 14, 2020 · Control person left · inference
  • V••••• C••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Oct 30, 2012 · Succession (Item 4) · fact
  • V••••• C••••••• L•• filed its initial SEC registration (Form ADV)
    Oct 30, 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.
How to reach
public business contact points only, each with its source
Business phone
312-641-2400reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/focus-financial-partnersreportedpublic record, Form ADV, Sep 18, 2026
Firm profile
linkedin.com/company/vestor-capital-corporationreportedpublic record, Form ADV, Sep 18, 2026
Website
V•••••CAPITAL.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
312-641-2400reportedpublic record, Form ADV, Mar 27, 2026
Contact form
vestorcapital.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
Team page
vestorcapital.com/our-teamreportedpublished by the firm, firm site, Sep 15, 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
$94.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026