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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SEC-registered adviser
I•••••••• I••••••••• M•••••••••
Legal name I•••••••• I••••••••• M••••••••• L••
Latest filing Jul 27, 2026
First filing on the tape Aug 21, 2017 · 25 filings
SEC status approved since Sep 22, 2017
RAUM
$183M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
93%
$171M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$30.4M
derived; firm RAUM over IAPD count
Employees
7
6 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$183M as of Jul 27, 2026
Feb 7, 2018$143M then
HNW client RAUM$97.1M as of Jul 27, 2026
Feb 7, 2018$47.2M then
State-registered IARs (5.B.3)6 as of Jul 27, 2026
Feb 7, 20185 then
Employees (5.A)7 as of Jul 27, 2026
Feb 7, 20185 then
Private funds: no history
RAUM +34% over the last fiscal year+28% a year over threeIARs 6 to 6offices 4 to 5
Practice profile
derived from the filing of Jul 27, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- RAUM per advisor
- $30.4MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 52derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.2MderivedHNW RAUM over HNW clients
- Average account
- $239,737derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.2derivedItem 5.A over advisors
- Advisors per office
- 1.0derived6 offices incl. principal (1.F.5)
- RAUM growth, one year
- +34%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +11%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Custody
- $649,757, 3 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$97.1M53%
- Individuals$73.7M40%
- Corporations and businesses$11.9M6.5%
- Individual clients
- 268reported
- HNW clients
- 45reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 762reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- noreported
- Custody of client assets
- $649,757 for 3 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.93 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| S••• W•••••• A•••••••Certified Financial Planner | Camp Hill, Pa | Oct 31, 2013 | 20 y | 1 |
| D•••• M•••••• B••••••• | Hollywood, Fl | Jun 11, 2014 | 14 y | 1 |
| C•••••• W•••••• W•••Personal Financial Specialist | York, Pa | Aug 26, 2017 | 22 y | 1 |
| G••• A••• S••••Chartered Financial Analyst | Louisville, Ky | Apr 29, 2019 | 10 y | 0 |
| J••••••• M•••••• T••••• | Naples, Fl | Jun 27, 2024 | 16 y | 2 |
| E••• L••• F•••••• | Camp Hill, Pa | Oct 9, 2024 | 11 y | 0 |
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
- C••••••••• J••••• J•••••• to T••••••• F•••••••• S•••••••• I•••Feb 22, 2014 · Other
Joined, latest
- J••••••• M•••••• T••••• from S•••••••• C•••••• A••••••• L••Jun 27, 2024 · Other
- C•••••• W•••••• W••• from P••• C•••••• M••••••••• L••••••Aug 26, 2017 · Other
- D•••• M•••••• B••••••• from T••• F•••••••• M•••••••Jun 11, 2014 · Other
- C••••••••• J••••• J•••••• from T••• F•••••••• M•••••••Oct 31, 2013 · Other
- S••• W•••••• A••••••• from T••• F•••••••• M•••••••Oct 31, 2013 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- A•••••••• S•••• W•••••• · Chief Executive Officer, Managing Membercontrolsince 08/2013 · owns 25% to 50%
- B•••••••• D••••• M•••••• · Chief Investment Officer, Managing Director, Membercontrolsince 08/2013 · owns 25% to 50%
- S••••• G•••• A••• · Chief Compliance Officer, Membercontrolsince 04/2023 · owns 25% to 50%
- T•••••• J•••••••• M•••••• · Managing Membercontrolsince 04/2023 · owns 25% to 50%
Related persons
Schedule D 7.A
- A••••• C•••••• M••••••••• L••pooled vehicle sponsorn
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Camp Hill, Pa · principal | 5 | 0 | 0 | ||
| Hollywood, Fl | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Hollywood, FL2 employees
- York, PA2 employees
- Naples, FL1 employees
- , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- HNW share shiftChange between filings · filing Feb 24, 2026HNW share of RAUM moved from 33.0% to 53.0% between the annual amendments of 2025-03-18 and 2026-02-24peers: independent wealth managers, $100M to $500M (5,678)
What changed
consecutive filings, newest first
- Accounts · 689 to 762Jul 18, 2025 to Jan 29, 2026
- Corporate clients · 0.0 to unsetJul 18, 2025 to Jan 29, 2026
- HNW clients · 23 to 45Jul 18, 2025 to Jan 29, 2026
- Individual clients · 260 to 268Jul 18, 2025 to Jan 29, 2026
- Assets in custody · $876,591 to $649,757Jul 18, 2025 to Jan 29, 2026
- Discretionary RAUM · $135M to $182MJul 18, 2025 to Jan 29, 2026
- HNW RAUM · $44.8M to $97.1MJul 18, 2025 to Jan 29, 2026
- Individual RAUM · $91.1M to $73.7MJul 18, 2025 to Jan 29, 2026
- Non-discretionary RAUM · $431,528 to $483,980Jul 18, 2025 to Jan 29, 2026
- RAUM · $136M to $183MJul 18, 2025 to Jan 29, 2026
- Financial planning clients · 251-500 to 251-500Mar 18, 2025 to Jul 18, 2025
- Other offices · 4 to 5Mar 18, 2025 to Jul 18, 2025
- Accounts · 607 to 689Oct 9, 2024 to Mar 18, 2025
- Individual clients · 225 to 260Oct 9, 2024 to Mar 18, 2025
- Assets in custody · unset to 876591.0Oct 9, 2024 to Mar 18, 2025
- Custody of client assets · false to trueOct 9, 2024 to Mar 18, 2025
- Employees · 8 to 7Oct 9, 2024 to Mar 18, 2025
- Financial planning clients · 101-250 to 251-500Oct 9, 2024 to Mar 18, 2025
- Discretionary RAUM · $101M to $135MOct 9, 2024 to Mar 18, 2025
- HNW RAUM · $34.6M to $44.8MOct 9, 2024 to Mar 18, 2025
- Individual RAUM · $66.4M to $91.1MOct 9, 2024 to Mar 18, 2025
- Non-discretionary RAUM · $371,056 to $431,528Oct 9, 2024 to Mar 18, 2025
- RAUM · $101M to $136MOct 9, 2024 to Mar 18, 2025
- Advisory employees · 5 to 6Jun 14, 2024 to Oct 9, 2024
- State-registered IARs · 5 to 6Jun 14, 2024 to Oct 9, 2024
- Other offices · 3 to 4Jun 14, 2024 to Oct 9, 2024
- Other offices · 2 to 3Mar 5, 2024 to Jun 14, 2024
- Accounts · 597 to 607Feb 13, 2024 to Mar 5, 2024
- Advisory employees · 6 to 5Feb 13, 2024 to Mar 5, 2024
- HNW clients · 19 to 23Feb 13, 2024 to Mar 5, 2024
- Individual clients · 240 to 225Feb 13, 2024 to Mar 5, 2024
- State-registered IARs · 6 to 5Feb 13, 2024 to Mar 5, 2024
- Discretionary RAUM · $91.3M to $101MFeb 13, 2024 to Mar 5, 2024
- HNW RAUM · $32.7M to $34.6MFeb 13, 2024 to Mar 5, 2024
- Individual RAUM · $59.0M to $66.4MFeb 13, 2024 to Mar 5, 2024
- Non-discretionary RAUM · $350,930 to $371,056Feb 13, 2024 to Mar 5, 2024
- RAUM · $91.7M to $101MFeb 13, 2024 to Mar 5, 2024
- Other offices · 1 to 2Jun 1, 2023 to Feb 13, 2024
- Accounts · 588 to 597Mar 28, 2023 to Jun 1, 2023
- Corporate clients · unset to 0.0Mar 28, 2023 to Jun 1, 2023
Signals
4 dated events
- Michael Jonathan Turner (Managing Member) appeared on Schedule A of I•••••••• I••••••••• M•••••••••Feb 13, 2024 · Control person joined · fact
- A••• G••• S•••• (Chief Compliance Officer) appeared on Schedule A of I•••••••• I••••••••• M•••••••••Mar 31, 2021 · Control person joined · fact
- Pinchas Ari Huberman (Chief Compliance Officer) no longer on Schedule A of I•••••••• I••••••••• M••••••••• (listed 2020-08-03, absent 2021-03-31)Mar 31, 2021 · Control person left · inference
- I•••••••• I••••••••• C••••••••• filed its initial SEC registration (Form ADV)Aug 21, 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.
How to reach
public business contact points only, each with its source
- Business email
- i•••@i•••••••••.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- e••••@i•••••••••.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 717-317-9006reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/invariant-investment-managementreportedpublic record, Form ADV, Sep 19, 2026
- Website
- i•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- (717) 317-9006reportedpublic record, Form ADV, Jul 27, 2026
- Contact form
- i•••••••••.comreportedpublished by the firm, firm site, Sep 16, 2026
- t••• profile url
- i•••••••••.comreportedpublished by the firm, firm site, Sep 16, 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
- $30.4Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026