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

Biltmore Family Office, LLC

Independent wealth managerCharlotte, North CarolinaCRD 167174SEC 801-78011websiteIAPD
Latest filing Mar 23, 2026
First filing on the tape Apr 24, 2013 · 39 filings
SEC status approved since May 1, 2013
RAUM
$3.5B
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
99%
$3.4B individuals and HNW
Advisors
16
registered through the firm on IAPD
RAUM per advisor
$217M
derived; firm RAUM over IAPD count
Employees
24
9 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
39 filings and snapshots on the tape
RAUM$3.5B as of Mar 23, 2026
Mar 31, 2014$55.3M then
HNW client RAUM$3.4B as of Mar 23, 2026
Mar 30, 2018$1.2B then
State-registered IARs (5.B.3)15 as of Mar 23, 2026
Mar 31, 20143 then
Employees (5.A)24 as of Mar 23, 2026
Mar 31, 20146 then
Private funds: no history
RAUM +9.6% over the last fiscal year+14% a year over threeIARs 14 to 15
Practice profile
derived from the filing of Mar 23, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Multi-family-office-like · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, average HNW client assets at least $25M, fewer than 200 HNW clients, and business name contains 'family office' or private funds are reported
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
$217MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
5derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$48.1MderivedHNW RAUM over HNW clients
Average account
$40.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
1.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
8.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+9.6%derivedbetween the last two annual amendments
Advisor growth, one year
+7.1%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.7%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 advisers, otherreportedItem 5.G
Custody
$3.4B, 82 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
  • 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)
  • 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
  • High-net-worth individuals$3.4B98%
  • Charitable organizations$49.4M1.4%
  • Individuals$5.1M0.1%
Individual clients
14reported
HNW clients
71reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
86reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$3.4B for 82 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
16 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Christopher Henry Amherst CecilCharlotte, NcMay 1, 201323 y2
Michael C FarrellCharlotte, NcApr 9, 201424 y2
Kellie M. HallOrlando, Fl Jun 22, 201514 y1
Nicole Marie GokeyCharlotte, Nc Jun 22, 201520 y1
Frank William SchornagleCharlotte, Nc May 31, 201642 y1
Israel Karro GorelickCharlotte, NcJun 26, 201723 y0
Julianne N MarrieCertified Financial PlannerOrlando, Fl May 15, 201812 y0
James Michael GregoryCharlotte, NcAug 8, 201826 y0
Andrew Pearson RussellChartered Financial AnalystCharlotte, NcOct 15, 201914 y0
Anthony Robert MastrogiacomoCertified Financial PlannerCharlotte, NcDec 14, 202010 y0
Christopher F. W. PerkinsCharlotte, Nc Apr 28, 202120 y2
Kelsey Brooke Hageman JermanCharlotte, NcNov 8, 202111 y0
Peter Jameson HarrisCharlotte, NcMay 23, 202211 y0
Michelle Mireles SotoCertified Financial Planner, Personal Financial SpecialistCharlotte, Nc Feb 6, 202418 y1
William David EstesChartered Financial AnalystCharlotte, Nc Mar 31, 202513 y0
Kelly Jean GaitensCharlotte, NcMay 26, 202610 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
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Henry Amherst Christopher Cecil · President / Chief Compliance Officercontrol
    since 03/2013 · owns less than 5%
  • Henry Amherst Christopher Cecil · Presidentcontrol
    since 04/2013 · owns 75% or more of Chac, Inc.
  • C Michael Farrell · Ownercontrol
    since 01/2018 · owns 75% or more of Farrell 4 Consulting Inc
  • Marie Nicole Gokey · Ownercontrol
    since 01/2019 · owns 75% or more of Gokey Consulting Inc
  • Karro Israel Gorelick · Ownercontrol
    since 08/2021 · owns 75% or more of Rg Biltmore Holdings, Inc.
Entity owners
  • Chac, Inc. · Member
    direct · owns 25% to 50%
  • Farrell 4 Consulting Inc · Member
    direct · owns 10% to 25%
  • Gokey Consulting Inc · Member
    direct · owns 10% to 25%
  • Rg Biltmore Holdings, Inc. · Member
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Advisers that list Biltmore Family Office, LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Charlotte, Nc · principal1610
Orlando, Fl700
Offices
Schedule D 1.F, the 25 largest
  • Orlando, FL3 employees
ADV anomalies
6 against comparable advisers; where to look, not conclusions
  • unusually large average accountStatic outlier · filing Mar 23, 2026
    RAUM per account of $40,315,319 against a peer median of $812,622 (1332 comparable advisers, 100.0th percentile, 26.6 robust deviations)
    peers: independent wealth managers, $1B to $5B (1,332) · 100% percentile
  • unusually large average HNW clientStatic outlier · filing Mar 23, 2026
    HNW RAUM per HNW client of $48,065,163 against a peer median of $3,645,749 (1308 comparable advisers, 99.0th percentile, 22.0 robust deviations)
    peers: independent wealth managers, $1B to $5B (1,308) · 99% percentile
  • account count collapseChange between filings · filing Mar 23, 2026
    accounts (Item 5.F.2.f) moved from 951.0 to 86.0 (-91.0%) between the annual amendments of 2025-03-28 and 2026-03-23; the peer median change was +6.0% (1206 comparable advisers, 0.0th percentile of changes)
    peers: independent wealth managers, $1B to $5B (1,206) · 0.2% percentile
  • control person changedChange between filings · filing Mar 23, 2026
    FARRELL, MICHAEL, C (OWNER) left Schedule A between the filings of 2022-03-30 and 2026-03-23
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Mar 23, 2026
    GOKEY, NICOLE, MARIE (OWNER) left Schedule A between the filings of 2022-03-30 and 2026-03-23
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Mar 23, 2026
    GORELICK, ISRAEL, KARRO (OWNER) left Schedule A between the filings of 2022-03-30 and 2026-03-23
    peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
  • Accounts · 951 to 86
    Mar 28, 2025 to Mar 23, 2026
  • Advisory employees · 6 to 9
    Mar 28, 2025 to Mar 23, 2026
  • HNW clients · 58 to 71
    Mar 28, 2025 to Mar 23, 2026
  • Individual clients · 24 to 14
    Mar 28, 2025 to Mar 23, 2026
  • Assets in custody · $3.1B to $3.4B
    Mar 28, 2025 to Mar 23, 2026
  • Employees · 21 to 24
    Mar 28, 2025 to Mar 23, 2026
  • State-registered IARs · 14 to 15
    Mar 28, 2025 to Mar 23, 2026
  • Discretionary RAUM · $3.1B to $3.4B
    Mar 28, 2025 to Mar 23, 2026
  • HNW RAUM · $3.1B to $3.4B
    Mar 28, 2025 to Mar 23, 2026
  • Individual RAUM · $31.4M to $5.1M
    Mar 28, 2025 to Mar 23, 2026
  • Non-discretionary RAUM · $47.7M to $48.5M
    Mar 28, 2025 to Mar 23, 2026
  • RAUM · $3.2B to $3.5B
    Mar 28, 2025 to Mar 23, 2026
  • Accounts · 981 to 951
    Mar 29, 2024 to Mar 28, 2025
  • Advisory employees · 14 to 6
    Mar 29, 2024 to Mar 28, 2025
  • HNW clients · 68 to 58
    Mar 29, 2024 to Mar 28, 2025
  • Individual clients · 10 to 24
    Mar 29, 2024 to Mar 28, 2025
  • Assets in custody · $2.8B to $3.1B
    Mar 29, 2024 to Mar 28, 2025
  • Employees · 20 to 21
    Mar 29, 2024 to Mar 28, 2025
  • Financial planning clients · 51-100 to 51-100
    Mar 29, 2024 to Mar 28, 2025
  • State-registered IARs · 11 to 14
    Mar 29, 2024 to Mar 28, 2025
  • Discretionary RAUM · $2.6B to $3.1B
    Mar 29, 2024 to Mar 28, 2025
  • HNW RAUM · $2.8B to $3.1B
    Mar 29, 2024 to Mar 28, 2025
  • Individual RAUM · $5.1M to $31.4M
    Mar 29, 2024 to Mar 28, 2025
  • Non-discretionary RAUM · $293M to $47.7M
    Mar 29, 2024 to Mar 28, 2025
  • RAUM · $2.9B to $3.2B
    Mar 29, 2024 to Mar 28, 2025
  • Accounts · 959 to 981
    Mar 30, 2023 to Mar 29, 2024
  • Advisory employees · 16 to 14
    Mar 30, 2023 to Mar 29, 2024
  • Advisory activities · 4 to 5
    Mar 30, 2023 to Mar 29, 2024
  • HNW clients · 71 to 68
    Mar 30, 2023 to Mar 29, 2024
  • Individual clients · 13 to 10
    Mar 30, 2023 to Mar 29, 2024
  • Assets in custody · $2.2B to $2.8B
    Mar 30, 2023 to Mar 29, 2024
  • Employees · 21 to 20
    Mar 30, 2023 to Mar 29, 2024
  • State-registered IARs · 15 to 11
    Mar 30, 2023 to Mar 29, 2024
  • Discretionary RAUM · $2.0B to $2.6B
    Mar 30, 2023 to Mar 29, 2024
  • HNW RAUM · $2.3B to $2.8B
    Mar 30, 2023 to Mar 29, 2024
  • Individual RAUM · $6.3M to $5.1M
    Mar 30, 2023 to Mar 29, 2024
  • Non-discretionary RAUM · $337M to $293M
    Mar 30, 2023 to Mar 29, 2024
  • RAUM · $2.3B to $2.9B
    Mar 30, 2023 to Mar 29, 2024
  • Accounts · 865 to 959
    Mar 30, 2022 to Mar 30, 2023
  • Advisory employees · 15 to 16
    Mar 30, 2022 to Mar 30, 2023
Signals
5 dated events
  • John David Macik left Biltmore Family Office, Llc for Thurston Springer Advisors (registered 2023-04-25)
    Jan 26, 2023 · Advisor changed firm · fact
  • Biltmore Family Office, Llc reported RAUM $2.6B, up 49% from $1.7B (2022-01-03 to 2022-03-30)
    Mar 30, 2022 · RAUM change · derived
  • Biltmore Family Office, Llc reported RAUM $1.7B, up 32% from $1.3B (2020-06-17 to 2021-03-30)
    Mar 30, 2021 · RAUM change · derived
  • Biltmore Family Office, Llc reported RAUM $1.6B, up 25% from $1.3B (2018-03-30 to 2019-03-29)
    Mar 29, 2019 · RAUM change · derived
  • Biltmore Family Office, Llc filed its initial SEC registration (Form ADV)
    Apr 24, 2013 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Business phone
407-308-3287reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
704-248-5230reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
704-412-4246reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
LINKEDIN.COM/COMPANY/BILTMORE-FAMILY-OFFICE-LLCreportedpublic record, Form ADV, Sep 17, 2026
Website
BILTMOREFAMILYOFFICE.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
704-248-5230reportedpublic record, Form ADV, Mar 23, 2026
Contact form
biltmorefamilyoffice.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
Team page
biltmorefamilyoffice.com/who-we-arereportedpublished 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
$217Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026