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
Hickory Asset Management, Inc.
Latest filing Mar 12, 2025
First filing on the tape Sep 27, 2013 · 38 filings
SEC status approved since Nov 1, 2013
RAUM
$249M
reported, Item 5.F
Discretionary
90%
of RAUM
Private clients
94%
$235M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
38 filings and snapshots on the tape
RAUM$249M as of Mar 12, 2025
Mar 21, 2014$129M then
HNW client RAUM$177M as of Mar 12, 2025
Mar 14, 2018$79.6M then
State-registered IARs (5.B.3)3 as of Mar 12, 2025
Mar 21, 20143 then
Employees (5.A)3 as of Mar 12, 2025
Mar 21, 20143 then
Private funds: no history
RAUM +11% over the last fiscal year+2.3% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 12, 2025; every figure names its basis
- RAUM per advisor
- $83.1MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 87derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.5MderivedHNW RAUM over HNW clients
- Average account
- $316,727derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 90%derivedof RAUM
- Institutional
- 5.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +11%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -0.8%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $219M, 258 clientsreportedItem 9.A
- Ownership
- a PE fund or sponsor is a 25 percent or greater owner 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- 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
- High-net-worth individuals$177M71%
- Individuals$58.2M23%
- Pension and profit-sharing plans$14.0M5.6%
- Individual clients
- 191reported
- HNW clients
- 70reported
- Pension plan clients
- 3reported
- Charitable clients
- 0reported
- Accounts
- 787reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- $219M for 258 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
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 days2 left over 36 months
Left, latest
- Ryan Robert Robaugh to Ritter Daniher Financial Advisory LLCOct 1, 2025 · RIA to RIA
- Christopher Charles Entringer to Ritter Daniher Financial Advisory LLCOct 1, 2025 · RIA to RIA
- Richard Ahrens to Strategic Wealth Partners, Ltd.Oct 23, 2014 · Other
Joined, latest
- Christopher Charles Entringer from The Mutual Fund StoreFeb 11, 2015 · Other
- Richard Ahrens from Cambridge Investment Research Advisors, Inc.Mar 24, 2014 · Other
- Ryan Robert Robaugh from L.M. Kohn & CompanyJan 27, 2014 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Ritter Daniher Financial Advisory LLCOct 1, 2025 · Concord, Oh
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Van Joel Bennett · Vice Presidentcontrolsince 07/2019 · owns less than 5%
- Gilbert Daniel Lescoezec · Presidentcontrolsince 12/2002 · owns less than 5%
- Bredt Robert Norwood · Vice President & Assistant Secretarycontrolsince 07/2019 · owns less than 5%
- Maren Angela Osborne · Chief Operating Officercontrolsince 07/2021 · owns less than 5%
- Lynn James Poer · Vice Presidentcontrolsince 07/2019 · owns less than 5%
- Robert Ryan Robaugh · Chief Compliance Officercontrolsince 11/2007 · owns less than 5%
- Ann Lori Markham · Assistant Secretarysince 07/2019 · owns less than 5%
- Yin Yin · Secretarysince 07/2019 · owns less than 5%
Entity owners
- Bluespring Wealth Partners, LLC · Ownerdirect · owns 75% or more
- Kestra Advisor Services Holding A, Inc. · Ownerindirect · owns 75% or more of Kestra Advisor Services Holding B, Inc.
- Kestra Advisor Services Holding B, Inc. · Ownerindirect · owns 75% or more of Kestra Advisor Services Holding C, Inc.
- Kestra Advisor Services Holding C, Inc. · Ownerindirect · owns 75% or more of Kestra Financial, Inc.
- Kestra Financial, Inc. · Ownerindirect · owns 75% or more of Bluespring Wealth Partners, LLC
- Kingfisher Holding A, Inc. · Ownerindirect · owns 75% or more of Kingfisher Holding B, Inc.
- Kingfisher Holding B, Inc. · Ownerindirect · owns 75% or more of Kestra Advisor Services Holding A, Inc.
- Kingfisher Holding Gp, LLC · General Partnerindirect · owns F of Kingfisher Holding, L.P.
- Kingfisher Holding, L.P. · Ownerindirect · owns 75% or more of Kingfisher Holding A, Inc.
- Warburg Pincus Financial Sector, L.P. · Limited Partnerindirect · owns 25% to 50% of Kingfisher Holding, L.P.
Related persons
Schedule D 7.A
- American Financial Solutions, Inc.real estaten
- Ardentrust Companyn
- Beacon Financial Groupinvestment advisernRAUM $1.3B
- Bedell Frazier Investment Counselling, LLC.investment advisernRAUM $872M
- Bernard R. Wolfe & Associates, Inc.real estaten
- Capital Planning Advisors LLCinvestment advisernRAUM $1.5B
- Compass Capital Management LLCreal estaten
- Grove Point Advisors, LLCinvestment advisernRAUM $2.5B
- Grove Point Investments, LLCbroker-dealern
- Hedeker Wealth LLCinvestment advisernRAUM $595M
- Kestra Advisory Services, LLCinvestment advisernRAUM $80B
- Kestra Institutional Services, LLCinvestment advisern
- Kestra Insurance Services, LLCreal estaten
- Nfp Advisor Services, LLCbroker-dealernRAUM $12B
- Kestra Private Wealth Services, LLCinvestment advisernRAUM $13B
- Oklahoma Financial Center, Inc.real estaten
- Provise Management Group, LLCinvestment advisernRAUM $2.0B
- Ritter Daniher Financial Advisory LLCinvestment advisernRAUM $493M
- Bluespring Wealth Management, LLCinvestment advisernRAUM $5.4B
- Joule Financialinvestment advisernRAUM $277M
- Vector Insurance Services, LLCreal estaten
Advisers that list Hickory Asset Management, Inc. as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Concord, Oh · principal | 0 | 0 | 2 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 782 to 787Mar 7, 2024 to Mar 12, 2025
- HNW clients · 53 to 70Mar 7, 2024 to Mar 12, 2025
- Individual clients · 210 to 191Mar 7, 2024 to Mar 12, 2025
- Assets in custody · $201M to $219MMar 7, 2024 to Mar 12, 2025
- Financial planning clients · 0 to 1-10Mar 7, 2024 to Mar 12, 2025
- Discretionary RAUM · $203M to $225MMar 7, 2024 to Mar 12, 2025
- HNW RAUM · $139M to $177MMar 7, 2024 to Mar 12, 2025
- Individual RAUM · $73.4M to $58.2MMar 7, 2024 to Mar 12, 2025
- Non-discretionary RAUM · $21.9M to $24.6MMar 7, 2024 to Mar 12, 2025
- Pension RAUM · $12.1M to $14.0MMar 7, 2024 to Mar 12, 2025
- RAUM · $225M to $249MMar 7, 2024 to Mar 12, 2025
- Accounts · 793 to 782Jan 26, 2023 to Mar 7, 2024
- HNW clients · 47 to 53Jan 26, 2023 to Mar 7, 2024
- Individual clients · 226 to 210Jan 26, 2023 to Mar 7, 2024
- Assets in custody · $168M to $201MJan 26, 2023 to Mar 7, 2024
- Financial planning clients · 1-10 to 0Jan 26, 2023 to Mar 7, 2024
- Discretionary RAUM · $174M to $203MJan 26, 2023 to Mar 7, 2024
- HNW RAUM · $114M to $139MJan 26, 2023 to Mar 7, 2024
- Individual RAUM · $68.3M to $73.4MJan 26, 2023 to Mar 7, 2024
- Non-discretionary RAUM · $18.1M to $21.9MJan 26, 2023 to Mar 7, 2024
- Pension RAUM · $9.6M to $12.1MJan 26, 2023 to Mar 7, 2024
- RAUM · $192M to $225MJan 26, 2023 to Mar 7, 2024
- Accounts · 799 to 793May 10, 2022 to Jan 26, 2023
- HNW clients · 50 to 47May 10, 2022 to Jan 26, 2023
- Individual clients · 219 to 226May 10, 2022 to Jan 26, 2023
- Pension plan clients · 4 to 3May 10, 2022 to Jan 26, 2023
- Assets in custody · $189M to $168MMay 10, 2022 to Jan 26, 2023
- Discretionary RAUM · $210M to $174MMay 10, 2022 to Jan 26, 2023
- HNW RAUM · $138M to $114MMay 10, 2022 to Jan 26, 2023
- Individual RAUM · $77.4M to $68.3MMay 10, 2022 to Jan 26, 2023
- Non-discretionary RAUM · $22.7M to $18.1MMay 10, 2022 to Jan 26, 2023
- Pension RAUM · $17.6M to $9.6MMay 10, 2022 to Jan 26, 2023
- RAUM · $233M to $192MMay 10, 2022 to Jan 26, 2023
- Accounts · 794 to 799Dec 21, 2021 to Feb 15, 2022
- HNW clients · 54 to 50Dec 21, 2021 to Feb 15, 2022
- Individual clients · 206 to 219Dec 21, 2021 to Feb 15, 2022
- Pension plan clients · 3 to 4Dec 21, 2021 to Feb 15, 2022
- Assets in custody · $0 to $189MDec 21, 2021 to Feb 15, 2022
- Discretionary RAUM · $188M to $210MDec 21, 2021 to Feb 15, 2022
- HNW RAUM · $129M to $138MDec 21, 2021 to Feb 15, 2022
Signals
11 dated events
- Hickory Asset Management, Inc. no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $249.3M)Dec 20, 2025 · Left the SEC roster · derived
- Ryan Robert Robaugh left Hickory Asset Management, Inc. for Ritter Daniher Financial Advisory Llc (registered 2025-09-14)Oct 1, 2025 · Advisor changed firm · fact
- 2 advisors left Hickory Asset Management, Inc. (Concord, OH) for Ritter Daniher Financial Advisory LLC on the same dayOct 1, 2025 · Team lift-out · derived
- Christopher Charles Entringer left Hickory Asset Management, Inc. for Ritter Daniher Financial Advisory Llc (registered 2025-09-14)Oct 1, 2025 · Advisor changed firm · fact
- Maren Angela Osborne (Chief Operating Officer) appeared on Schedule A of Hickory Asset Management, Inc.Sep 14, 2021 · Control person joined · fact
- Patrick John Vanderheyden (Vice President) no longer on Schedule A of Hickory Asset Management, Inc. (listed 2021-05-04, absent 2021-09-14)Sep 14, 2021 · Control person left · inference
- Van Joel Bennett (Vice President) appeared on Schedule A of Hickory Asset Management, Inc.Aug 12, 2019 · Control person joined · fact
- Bredt Robert Norwood (Vice President & Assistant Secretary) appeared on Schedule A of Hickory Asset Management, Inc.Aug 12, 2019 · Control person joined · fact
- Lynn James Poer (Vice President) appeared on Schedule A of Hickory Asset Management, Inc.Aug 12, 2019 · Control person joined · fact
- Patrick John Vanderheyden (Vice President) appeared on Schedule A of Hickory Asset Management, Inc.Aug 12, 2019 · Control person joined · fact
- Hickory Asset Management, Inc. filed its initial SEC registration (Form ADV)Sep 27, 2013 · 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