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

Virtue Capital Management, LLC

Independent wealth managerBrentwood, TennesseeCRD 167816SEC 801-79938websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Jun 12, 2014 · 246 filings
SEC status approved since Jun 25, 2014
RAUM
$1.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$1.3B individuals and HNW
Advisors
92
registered through the firm on IAPD
RAUM per advisor
$14.2M
derived; firm RAUM over IAPD count
Employees
105
90 advisory (5.B.1)
Offices
81
beyond the principal office
Private funds
0
reported on Schedule D
History
246 filings and snapshots on the tape
RAUM$1.3B as of Mar 30, 2026
Mar 31, 2015$34.2M then
HNW client RAUM$308M as of Mar 30, 2026
Feb 21, 2018$270M then
State-registered IARs (5.B.3)90 as of Mar 30, 2026
Mar 31, 20154 then
Employees (5.A)105 as of Mar 30, 2026
Mar 31, 20154 then
Private funds: no history
RAUM +8.5% over the last fiscal year+12% a year over threeIARs 90 to 90offices 98 to 81
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$14.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
63derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.7MderivedHNW RAUM over HNW clients
Average account
$173,326derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
1.1derived82 offices incl. principal (1.F.5)
RAUM growth, one year
+8.5%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+34%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, educational seminarsreportedItem 5.G
Custody
$252M, 1,346 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)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$984M75%
  • High-net-worth individuals$308M24%
  • Corporations and businesses$14.3M1.1%
  • Charitable organizations$4.0M0.3%
Individual clients
5,657reported
HNW clients
83reported
Pension plan clients
0reported
Charitable clients
7reported
Accounts
7,561reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$252M for 1,346 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
92 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Jeremy Matthew RettichBrentwood, TnOct 30, 201323 y3
James David WebbChartered Financial ConsultantBrentwood, TnOct 30, 201320 y2
Matthew John RettichBrentwood, TnNov 8, 201336 y3
E Shane HolderBrentwood, TnAug 5, 201416 y0
Chris SumnerMemphis, Tn Aug 11, 201415 y0
Michael Rennie MoreraBrentwood, Tn Aug 6, 201536 y2
Brandon Scott DillardBrentwood, Tn Dec 17, 201511 y0
Terry Lane ColemanChartered Financial ConsultantBrentwood, Tn May 10, 201644 y6
Hugh Augustin McdonaldWhippany, Nj Jun 13, 201633 y2
Justin Matthew BarwickBrentwood, Tn Nov 10, 201612 y1
Roy Lee Thrower, Jr.Angier, Nc Feb 2, 201721 y4
Jeremiah Enoch ThrelkeldBrentwood, TnJun 19, 201712 y4
Justin Kevin ThompsonStatesboro, Ga Sep 6, 201726 y1
Brent A PetersonLa Crosse, Wi Oct 31, 201720 y1
James Jiang-Hua ChuMonterey Park, Ca Jan 18, 201828 y2
Terry Alan WhiteHiawassee, Ga Apr 27, 201817 y3
Jeffrey Jay GollehonChartered Financial ConsultantBrentwood, Tn May 19, 201830 y2
Jay Howard MillardBrentwood, Tn Aug 1, 201827 y1
Tammy Lee ByrdBrentwood, Tn Aug 28, 201820 y1
Ronald Carl WiitalaBrentwood, Tn Sep 24, 201813 y2
Christopher Tatum StovallScottsdale, Az Sep 27, 201817 y1
Anil B VaziraniScottsdale, Az Sep 27, 201831 y2
Thomas Lloyd KunkelPoinciana, Fl Oct 4, 201832 y2
John M LittleHarlingen, Tx Jan 14, 201921 y2
Nick Dell'AquilaWinston-Salem, Nc Jan 23, 201921 y2
William A HowardCertified Financial PlannerBrentwood, Tn Jan 25, 201926 y5
Christopher Brandon ClayJacksonville, Ar Mar 21, 201925 y2
Steven Nicholas SaboButler, Pa Apr 9, 201911 y1
Lloyd Carl KullChartered Financial ConsultantBrentwood, Tn Apr 17, 201912 y1
Tim Lee JohnsonChartered Financial ConsultantFayetteville, Nc May 7, 201941 y1
Catherine C MendozaDublin, Ca May 7, 201928 y1
Mark Curtis ScottCertified Financial PlannerGrove City, Oh May 14, 201916 y3
Roger James EvanishClearwater, Fl May 21, 201939 y1
William Daniel BrooksLake Mary, Fl Jun 17, 201932 y4
Richard C ThompsonAtlanta, Ga Jun 18, 201912 y1
Thomas Mclellan DavisHoover, Al Jul 29, 201921 y3
Russell Lee LunaChartered Financial ConsultantBrentwood, Tn Jul 30, 201934 y4
Eric Dean BrumaginBrentwood, Tn Aug 5, 201940 y4
Larry Richard JonesChartered Financial ConsultantBrentwood, Tn Aug 5, 201916 y1
Blair Israel AaronsonWoodland Hills, Ca Aug 22, 201941 y2
All 92 advisors at Virtue Capital Management, LLC
Advisor movement
7 left, 12 joined in 12 months
net +5 in 12 months4 left in 90 days4 joined in 90 daysdeparture rate 7.6% of current headcount20 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Mark Steven Cervantes · Chief Compliance Officercontrol
    since 01/2021 · owns less than 5%
  • Matthew Jeremy Rettich · Chief Executive Officercontrol
    since 08/2013 · owns less than 5%
  • David James Webb · Chief Operating Officercontrol
    since 08/2013 · owns less than 5%
  • Matthew Jeremy Rettich · Grantor And Sole Trusteecontrol
    since 12/2011 · owns F of Jeremy M. Rettich Revocable Living Trust Agreement Dated 12/02/2011
  • John Matthew Rettich · Trusteecontrol
    since 04/2014 · owns F of The Rettich Family Revocable Living Trust, Matthew And Michele Rettich, Trustees, Dated April 29, 2014
  • Pillar Michele Rettich · Trusteecontrol
    since 04/2014 · owns F of The Rettich Family Revocable Living Trust, Matthew And Michele Rettich, Trustees, Dated April 29, 2014
Entity owners
  • Virtue Financial Holdings, LLC · Sole Member
    direct · owns 75% or more
  • Jeremy M. Rettich Revocable Living Trust Agreement Dated 12/02/2011 · Owner
    indirect · owns 25% to 50% of Virtue Financial Holdings, LLC
  • The Rettich Family Revocable Living Trust, Matthew And Michele Rettich, Trustees, Dated April 29, 2014 · Owner
    indirect · owns 25% to 50% of Virtue Financial Holdings, LLC
Related persons
Schedule D 7.A
Advisers that list Virtue Capital Management, LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Brentwood, Tn · principal891351
Aberdeen, Nc200
Murfreesboro, Tn200
Memphis, Tn200
Scottsdale, Az200
Venice, Fl220
Oklahoma City, Ok000
Bartlett, Il001
Brunswick, Oh001
Campbell, Ca000
Ellijay, Ga000
Harveysburg, Oh000
La Jolla, Ca000
Long Beach, Ca000
Offices
Schedule D 1.F, the 25 largest
  • Scottsdale, AZ3 employees
  • Ridgeland, MS3 employees
  • Atlanta, GA1 employees
  • Bakersfield, CA1 employees
  • Bartlett, IL1 employees
  • Berea, OH1 employees
  • Beverly Hills, CA1 employees
  • Boca Raton, FL1 employees
  • Brenham, TX1 employees
  • Brentwood, TN1 employees
  • Brunswick, OH1 employees
  • Butler, PA1 employees
  • Chapin, SC1 employees
  • Chesterfield, MO1 employees
  • Coral Springs, FL1 employees
  • Dayton, KY1 employees
  • Dickson, TN1 employees
  • Dublin, CA1 employees
  • Ellijay, GA1 employees
  • Ethridge, TN1 employees
  • Fayetteville, NC1 employees
  • Flowood, MS1 employees
  • Fort Lauderdale, FL1 employees
  • Fort Myers, FL1 employees
  • Fort Worth, TX1 employees
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • control person left departures acceleratedCombination · filing Mar 30, 2026
    RETTICH, MATTHEW, JOHN left Schedule A on the filing of 2026-03-30; 5 advisors left in the following 365 days against 2 in the 365 days before
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Mar 30, 2026
    RETTICH, MATTHEW, JOHN (TRUSTEE) left Schedule A between the filings of 2021-01-11 and 2026-03-30
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Mar 30, 2026
    Rettich, Michele, Pillar (TRUSTEE) left Schedule A between the filings of 2021-01-11 and 2026-03-30
    peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
  • Accounts · 7,455 to 7,561
    Mar 28, 2025 to Mar 30, 2026
  • Charity clients · 6 to 7
    Mar 28, 2025 to Mar 30, 2026
  • Corporate clients · 7 to 23
    Mar 28, 2025 to Mar 30, 2026
  • HNW clients · 191 to 83
    Mar 28, 2025 to Mar 30, 2026
  • Individual clients · 4,090 to 5,657
    Mar 28, 2025 to Mar 30, 2026
  • Assets in custody · $163M to $252M
    Mar 28, 2025 to Mar 30, 2026
  • Employees · 108 to 105
    Mar 28, 2025 to Mar 30, 2026
  • Other offices · 98 to 81
    Mar 28, 2025 to Mar 30, 2026
  • Discretionary RAUM · $1.2B to $1.3B
    Mar 28, 2025 to Mar 30, 2026
  • HNW RAUM · $444M to $308M
    Mar 28, 2025 to Mar 30, 2026
  • Individual RAUM · $754M to $984M
    Mar 28, 2025 to Mar 30, 2026
  • RAUM · $1.2B to $1.3B
    Mar 28, 2025 to Mar 30, 2026
  • Accounts · 6,111 to 7,455
    Mar 28, 2024 to Mar 28, 2025
  • Advisory employees · 94 to 90
    Mar 28, 2024 to Mar 28, 2025
  • Charity clients · unset to 6.0
    Mar 28, 2024 to Mar 28, 2025
  • Corporate clients · 8 to 7
    Mar 28, 2024 to Mar 28, 2025
  • HNW clients · 26 to 191
    Mar 28, 2024 to Mar 28, 2025
  • Individual clients · 3,674 to 4,090
    Mar 28, 2024 to Mar 28, 2025
  • Assets in custody · $140M to $163M
    Mar 28, 2024 to Mar 28, 2025
  • Employees · 110 to 108
    Mar 28, 2024 to Mar 28, 2025
  • Insurance-licensed employees · 4 to 3
    Mar 28, 2024 to Mar 28, 2025
  • Financial planning clients · 11-25 to 11-25
    Mar 28, 2024 to Mar 28, 2025
  • State-registered IARs · 94 to 90
    Mar 28, 2024 to Mar 28, 2025
  • Discretionary RAUM · $787M to $1.2B
    Mar 28, 2024 to Mar 28, 2025
  • HNW RAUM · $41.0M to $444M
    Mar 28, 2024 to Mar 28, 2025
  • Individual RAUM · $745M to $754M
    Mar 28, 2024 to Mar 28, 2025
  • RAUM · $787M to $1.2B
    Mar 28, 2024 to Mar 28, 2025
  • Accounts · 8,035 to 6,111
    Nov 20, 2023 to Mar 28, 2024
  • Advisory employees · 107 to 94
    Nov 20, 2023 to Mar 28, 2024
  • Charity clients · 8.0 to unset
    Nov 20, 2023 to Mar 28, 2024
  • Corporate clients · 10 to 8
    Nov 20, 2023 to Mar 28, 2024
  • HNW clients · 113 to 26
    Nov 20, 2023 to Mar 28, 2024
  • Individual clients · 7,842 to 3,674
    Nov 20, 2023 to Mar 28, 2024
  • Assets in custody · $438M to $140M
    Nov 20, 2023 to Mar 28, 2024
  • Employees · 133 to 110
    Nov 20, 2023 to Mar 28, 2024
  • Insurance-licensed employees · 3 to 4
    Nov 20, 2023 to Mar 28, 2024
  • Financial planning clients · 1-10 to 11-25
    Nov 20, 2023 to Mar 28, 2024
  • State-registered IARs · 107 to 94
    Nov 20, 2023 to Mar 28, 2024
  • Discretionary RAUM · $941M to $787M
    Nov 20, 2023 to Mar 28, 2024
  • HNW RAUM · $198M to $41.0M
    Nov 20, 2023 to Mar 28, 2024
Signals
47 dated events
  • Steven Mark Cervantes no longer holds an investment adviser registration (last listed at Virtue Capital Management, Llc on the 2026-09-15 feed)
    Sep 15, 2026 · Advisor registration ended · derived
  • Kellen Blaise Beard left Virtue Capital Management, Llc for United Advisor Group (registered 2026-08-28)
    Aug 28, 2026 · Advisor changed firm · fact
  • Philip Gabriel Nehro left Virtue Capital Management, Llc for Empirical Asset Management, Llc (registered 2026-07-09)
    Jul 1, 2026 · Advisor changed firm · fact
  • Richard Edward Oberuc left Virtue Capital Management, Llc for Empirical Asset Management, Llc (registered 2026-07-01)
    Jul 1, 2026 · Advisor changed firm · fact
  • 2 advisors left Virtue Capital Management, LLC (Brentwood, TN) for Empirical Asset Management, LLC on the same day
    Jul 1, 2026 · Team lift-out · derived
  • Matthew Raymond Hisey left Virtue Capital Management, Llc for Foundations Investment Advisors Llc (registered 2026-07-09)
    Jun 22, 2026 · Advisor changed firm · fact
  • Michael L Wurster left Virtue Capital Management, Llc for Advisor Share Wealth Management, Llc (registered 2026-08-04)
    Apr 27, 2026 · Advisor changed firm · fact
  • Virtue Capital Management, Llc reported 81 offices beyond its principal office, down from 98 (2025-03-28 to 2026-03-30)
    Mar 30, 2026 · Office count change · derived
  • Kevin Murray Smith left Virtue Capital Management, Llc for Simplicity Wealth (registered 2026-03-30)
    Mar 23, 2026 · Advisor changed firm · fact
  • 2 advisors left First National Advisors LLC (Rockland, MA) for Virtue Capital Management, LLC on the same day
    Dec 31, 2025 · Team lift-out · derived
  • Michael Alexander Watkins left Virtue Capital Management, Llc for Truvestments Capital Llc (registered 2025-12-22)
    Nov 24, 2025 · Advisor changed firm · fact
  • Virtue Capital Management, Llc reported RAUM $1.2B, up 53% from $787.5M (2024-03-28 to 2025-03-28)
    Mar 28, 2025 · RAUM change · derived
  • Brian Jay Bewley left Virtue Capital Management, Llc for Aligned Wealth Solutions, Llc (registered 2025-03-19)
    Mar 12, 2025 · Advisor changed firm · fact
  • John Theodore Kozak left Virtue Capital Management, Llc for Advisor Share Wealth Management, Llc (registered 2025-02-20)
    Jan 23, 2025 · Advisor changed firm · fact
  • Christian Paul Von Allmen left Virtue Capital Management, Llc for Bonsai Advisors Llc (registered 2024-12-17)
    Nov 8, 2024 · Advisor changed firm · fact
  • Ian Reid Maxwell left Virtue Capital Management, Llc for Reviresco Wealth Advisory Llc (registered 2026-01-16)
    Jun 28, 2024 · Advisor changed firm · fact
  • Michael John Falco left Virtue Capital Management, Llc for Falco Wealth Management (registered 2024-05-15)
    May 15, 2024 · Advisor changed firm · fact
  • Steven Ralph Anderson left Virtue Capital Management, Llc for Bcd Advisors (registered 2024-04-12)
    Apr 12, 2024 · Advisor changed firm · fact
  • Scott Edward Stooksbury left Virtue Capital Management, Llc for Cfg Retirement (registered 2024-03-25)
    Mar 19, 2024 · Advisor changed firm · fact
  • Andrew Steven Heifer left Virtue Capital Management, Llc for Creativeone Wealth, Llc (registered 2024-02-09)
    Feb 12, 2024 · Advisor changed firm · fact
  • Diane Brewer left Virtue Capital Management, Llc for Brookstone Wealth Advisors, Llc (registered 2024-01-04)
    Jan 9, 2024 · Advisor changed firm · fact
  • Kurtis Wesley Barnett left Virtue Capital Management, Llc for Gibbs Wealth Management, Llc (registered 2023-12-21)
    Dec 8, 2023 · Advisor changed firm · fact
  • Gregory Miles Babcock left Virtue Capital Management, Llc for Gibbs Wealth Management, Llc (registered 2025-01-01)
    Nov 3, 2023 · Advisor changed firm · fact
  • Cole Harrison Staton left Virtue Capital Management, Llc for Coppell Advisory Solutions Llc (registered 2023-10-31)
    Oct 30, 2023 · Advisor changed firm · fact
  • Ronald Scott Staton left Virtue Capital Management, Llc for Coppell Advisory Solutions Llc (registered 2023-11-02)
    Oct 30, 2023 · Advisor changed firm · fact
  • Nathan L Clark left Virtue Capital Management, Llc for Brookstone Wealth Advisors, Llc (registered 2023-09-19)
    Sep 11, 2023 · Advisor changed firm · fact
  • Lester Joseph Robinson left Virtue Capital Management, Llc for Cadaret Grant & Co Inc (registered 2023-06-01)
    Jun 1, 2023 · Advisor changed firm · fact
  • James Dennis Underwood left Virtue Capital Management, Llc for Aspen Creek Wealth Management, Llc (registered 2025-08-06)
    Mar 24, 2023 · Advisor changed firm · fact
  • Patrick Michael Mueller left Virtue Capital Management, Llc for Coppell Advisory Solutions Llc (registered 2023-02-23)
    Mar 8, 2023 · Advisor changed firm · fact
  • Terri Lynn Collymore left Virtue Capital Management, Llc for Brookstone Wealth Advisors, Llc (registered 2023-02-06)
    Jan 31, 2023 · Advisor changed firm · 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
866-907-4275reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/virtue-capital-managementreportedpublic record, Form ADV, Sep 17, 2026
Website
virtuecm.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
615-340-0801reportedpublic record, Form ADV, Mar 30, 2026
Team page
virtuecapitalmanagement.com/team.htmlreportedpublished 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
$14.2Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026