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

D••••• • C•••••• I•••

Former SEC-registered adviserNew Orleans, LouisianaCRD 1668SEC 801-35768IAPD
Latest filing Sep 25, 2020
First filing on the tape Dec 14, 2011 · 20 filings
RAUM
$432M
reported, Item 5.F
Discretionary
87%
of RAUM
Private clients
33%
$143M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
17
16 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$432M as of Sep 25, 2020
Aug 30, 2012$258M then
HNW client RAUM$108M as of Sep 25, 2020
Sep 26, 2018$139M then
State-registered IARs (5.B.3)17 as of Sep 25, 2020
Aug 30, 20120 then
Employees (5.A)17 as of Sep 25, 2020
Sep 20, 201322 then
Private funds: no history
RAUM -6.6% over the last fiscal year-1.9% a year over threeIARs 17 to 17
Practice profile
derived from the filing of Sep 25, 2020; every figure names its basis
RAUM per advisor
$25.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
16derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$626,578derivedHNW RAUM over HNW clients
Average account
$464,017derivedRAUM over accounts (5.F.2.f)
Discretionary
87%derivedof RAUM
Institutional
62%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
8.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-6.6%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.0%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Wrap fee program
$192MreportedItem 5.I
Custody
$394M, 700 clientsreportedItem 9.A
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 a broker-dealer (6.A.1)
  • 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • State and municipal entities$129M31%
  • High-net-worth individuals$108M26%
  • Pension and profit-sharing plans$92.5M23%
  • Individuals$34.2M8.3%
  • Insurance companies$27.7M6.7%
  • Charitable organizations$18.6M4.5%
  • Corporations and businesses$639,0000.2%
Individual clients
105reported
HNW clients
173reported
Pension plan clients
370reported
Charitable clients
8reported
Accounts
931reported
Financial planning clients
26-50reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$394M for 700 clientsreported
Compensation
% of AUM, fixedreported
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
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • C•••••••• D••••• T••••• · Treasurercontrol
      since 01/1994 · owns less than 5%
    • H••••••••• G•••••• M•••••• · Senior Vice Presidentcontrol
      since 10/2001 · owns less than 5%
    • R•••• S••••• F•••••••• · Vice Presidentcontrol
      since 05/1995 · owns less than 5%
    • T•••••••• R•••••• A••••• · President / Ceo / Ccocontrol
      since 08/2019 · owns less than 5%
    Entity owners
    • S••••••••• O• P••••• J• D•••••• M••• D• D••••• I••••••••• E•••••••• · Owner
      direct · owns 75% or more
    • D•••••• M••• D• · I••••••••• E••••••••
      indirect · owns 75% or more of S••••••••• Of P••••• J D•••••
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    • New Orleans, LA1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 1,170 to 931
      Jun 22, 2020 to Sep 25, 2020
    • Assets in custody · $334M to $394M
      Jun 22, 2020 to Sep 25, 2020
    • Discretionary RAUM · $419M to $375M
      Jun 22, 2020 to Sep 25, 2020
    • HNW RAUM · $139M to $108M
      Jun 22, 2020 to Sep 25, 2020
    • Non-discretionary RAUM · $43.0M to $57.3M
      Jun 22, 2020 to Sep 25, 2020
    • RAUM · $462M to $432M
      Jun 22, 2020 to Sep 25, 2020
    • Commission compensation · true to false
      Oct 25, 2019 to Oct 25, 2019
    • Advisory employees · 20 to 18
      Apr 17, 2019 to Oct 23, 2019
    • BD registered reps · 21 to 17
      Apr 17, 2019 to Oct 23, 2019
    • Employees · 21 to 18
      Apr 17, 2019 to Oct 23, 2019
    • State-registered IARs · 20 to 17
      Apr 17, 2019 to Oct 23, 2019
    • Advisory employees · 18 to 16
      Oct 23, 2019 to Oct 23, 2019
    • Employees · 18 to 17
      Oct 23, 2019 to Oct 23, 2019
    • Assets in custody · unset to 333500000.0
      Sep 26, 2018 to Apr 17, 2019
    • Custody of client assets · false to true
      Sep 26, 2018 to Apr 17, 2019
    • Accounts · 872 to 1,170
      Sep 27, 2017 to Sep 26, 2018
    • Advisory employees · 18 to 20
      Sep 27, 2017 to Sep 26, 2018
    • BD registered reps · 20 to 21
      Sep 27, 2017 to Sep 26, 2018
    • Charity clients · unset to 8.0
      Sep 27, 2017 to Sep 26, 2018
    • Corporate clients · unset to 3.0
      Sep 27, 2017 to Sep 26, 2018
    • HNW clients · unset to 173.0
      Sep 27, 2017 to Sep 26, 2018
    • Individual clients · unset to 105.0
      Sep 27, 2017 to Sep 26, 2018
    • Pension plan clients · unset to 370.0
      Sep 27, 2017 to Sep 26, 2018
    • Assets in custody · 457147000.0 to unset
      Sep 27, 2017 to Sep 26, 2018
    • Custody of client assets · true to false
      Sep 27, 2017 to Sep 26, 2018
    • Employees · 20 to 21
      Sep 27, 2017 to Sep 26, 2018
    • Financial planning clients · 11-25 to 26-50
      Sep 27, 2017 to Sep 26, 2018
    • State-registered IARs · 18 to 20
      Sep 27, 2017 to Sep 26, 2018
    • Other offices · unset to 1.0
      Sep 27, 2017 to Sep 26, 2018
    • Discretionary RAUM · $440M to $419M
      Sep 27, 2017 to Sep 26, 2018
    • HNW RAUM · unset to 138686000.0
      Sep 27, 2017 to Sep 26, 2018
    • Individual RAUM · unset to 34155000.0
      Sep 27, 2017 to Sep 26, 2018
    • Non-discretionary RAUM · $17.6M to $43.0M
      Sep 27, 2017 to Sep 26, 2018
    • Pension RAUM · unset to 92459000.0
      Sep 27, 2017 to Sep 26, 2018
    • RAUM · $457M to $462M
      Sep 27, 2017 to Sep 26, 2018
    • Related broker-dealer · true to false
      Sep 27, 2017 to Sep 26, 2018
    • Wrap assets (manager) · unset to 0.0
      Sep 27, 2017 to Sep 26, 2018
    • Wrap assets (sponsor) · unset to 0.0
      Sep 27, 2017 to Sep 26, 2018
    • Accounts · 841 to 872
      Aug 2, 2016 to Sep 27, 2017
    • Advisory employees · 16 to 18
      Aug 2, 2016 to Sep 27, 2017
    Signals
    1 dated events
    • Philip John Dorsey (President) no longer on Schedule A of D••••• • C•••••• I••• (listed 2019-10-23, absent 2019-10-23)
      Oct 23, 2019 · Control person left · inference
    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