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.
Former SEC-registered adviser
Rpm Advisors, LLC
Latest filing Jan 21, 2025
First filing on the tape Apr 11, 2017 · 12 filings
SEC status approved since Apr 21, 2017
RAUM
$149M
reported, Item 5.F
Discretionary
2.3%
of RAUM
Private clients
2.3%
$3.4M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
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
12 filings and snapshots on the tape
RAUM$149M as of Jan 21, 2025
Mar 28, 2018$170M then
HNW client RAUM$2.8M as of Jan 21, 2025
Mar 28, 2018$0 then
State-registered IARs (5.B.3)1 as of Jan 21, 2025
Mar 28, 20181 then
Employees (5.A)1 as of Jan 21, 2025
Mar 28, 20181 then
Private funds: no history
RAUM -33% over the last fiscal year-13% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Jan 21, 2025; every figure names its basis
- RAUM per advisor
- $149MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 4derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.8MderivedHNW RAUM over HNW clients
- Average account
- $8.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 2.3%derivedof RAUM
- Institutional
- 98%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
- -33%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consultingreportedItem 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
- has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pension and profit-sharing plans$146M98%
- High-net-worth individuals$2.8M1.9%
- Individuals$582,9830.4%
- Individual clients
- 3reported
- HNW clients
- 1reported
- Pension plan clients
- 10reported
- Charitable clients
- 0reported
- Accounts
- 17reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- 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
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 days1 left over 36 months
Left, latest
- Robert Paul Mastel to Intellicents Investment Solutions IncOct 8, 2025 · Other
Joined, latest
- Robert Paul Mastel from Concert Wealth ManagementJun 12, 2013 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Paul Robert Mastel · Managing Member, President, Chief Compliance Officer, Secretary And Treasurercontrolsince 04/2013 · owns 75% or more
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 |
|---|---|---|---|---|---|
| Fargo, Nd · principal | 0 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 18 to 17Feb 26, 2024 to Jan 21, 2025
- HNW clients · unset to 1.0Feb 26, 2024 to Jan 21, 2025
- Individual clients · unset to 3.0Feb 26, 2024 to Jan 21, 2025
- Pension plan clients · 12 to 10Feb 26, 2024 to Jan 21, 2025
- Discretionary RAUM · $3.3M to $3.4MFeb 26, 2024 to Jan 21, 2025
- HNW RAUM · $2.6M to $2.8MFeb 26, 2024 to Jan 21, 2025
- Individual RAUM · $623,983 to $582,983Feb 26, 2024 to Jan 21, 2025
- Non-discretionary RAUM · $220M to $146MFeb 26, 2024 to Jan 21, 2025
- Pension RAUM · $220M to $146MFeb 26, 2024 to Jan 21, 2025
- RAUM · $223M to $149MFeb 26, 2024 to Jan 21, 2025
- Accounts · 19 to 18Jan 17, 2023 to Feb 26, 2024
- Discretionary RAUM · $3.0M to $3.3MJan 17, 2023 to Feb 26, 2024
- HNW RAUM · $2.4M to $2.6MJan 17, 2023 to Feb 26, 2024
- Individual RAUM · $597,398 to $623,983Jan 17, 2023 to Feb 26, 2024
- Non-discretionary RAUM · $191M to $220MJan 17, 2023 to Feb 26, 2024
- Pension RAUM · $191M to $220MJan 17, 2023 to Feb 26, 2024
- RAUM · $194M to $223MJan 17, 2023 to Feb 26, 2024
- Discretionary RAUM · $3.4M to $3.0MFeb 24, 2022 to Jan 17, 2023
- HNW RAUM · $2.8M to $2.4MFeb 24, 2022 to Jan 17, 2023
- Individual RAUM · $659,638 to $597,398Feb 24, 2022 to Jan 17, 2023
- Non-discretionary RAUM · $221M to $191MFeb 24, 2022 to Jan 17, 2023
- Pension RAUM · $221M to $191MFeb 24, 2022 to Jan 17, 2023
- RAUM · $225M to $194MFeb 24, 2022 to Jan 17, 2023
- Discretionary RAUM · $3.2M to $3.4MMar 1, 2021 to Feb 24, 2022
- HNW RAUM · $2.6M to $2.8MMar 1, 2021 to Feb 24, 2022
- Individual RAUM · $633,792 to $659,638Mar 1, 2021 to Feb 24, 2022
- Non-discretionary RAUM · $206M to $221MMar 1, 2021 to Feb 24, 2022
- Pension RAUM · $206M to $221MMar 1, 2021 to Feb 24, 2022
- RAUM · $210M to $225MMar 1, 2021 to Feb 24, 2022
- Discretionary RAUM · $2.8M to $3.2MJun 25, 2020 to Mar 1, 2021
- HNW RAUM · $2.3M to $2.6MJun 25, 2020 to Mar 1, 2021
- Individual RAUM · $545,233 to $633,792Jun 25, 2020 to Mar 1, 2021
- Non-discretionary RAUM · $207M to $206MJun 25, 2020 to Mar 1, 2021
- Pension RAUM · $207M to $206MJun 25, 2020 to Mar 1, 2021
- RAUM · $209M to $210MJun 25, 2020 to Mar 1, 2021
- Accounts · 16 to 19Jan 16, 2019 to Jan 24, 2020
- Pension plan clients · 10 to 12Jan 16, 2019 to Jan 24, 2020
- Discretionary RAUM · $2.6M to $2.8MJan 16, 2019 to Jan 24, 2020
- HNW RAUM · $2.1M to $2.3MJan 16, 2019 to Jan 24, 2020
- Individual RAUM · $492,006 to $545,233Jan 16, 2019 to Jan 24, 2020
Signals
3 dated events
- Rpm Advisors, Llc no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $149.4M)Dec 20, 2025 · Left the SEC roster · derived
- Robert Paul Mastel left Rpm Advisors, Llc for Intellicents Investment Solutions Inc (registered 2025-10-22)Oct 8, 2025 · Advisor changed firm · fact
- Rpm Advisors, Llc filed its initial SEC registration (Form ADV)Apr 11, 2017 · 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