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

Telemus Capital, LLC

Former SEC-registered adviserSouthfield, MichiganCRD 168794SEC 801-78535IAPD
Latest filing Feb 2, 2024
First filing on the tape Aug 29, 2013 · 67 filings
RAUM
$3.0B
reported, Item 5.F
Discretionary
80%
of RAUM
Private clients
80%
$2.4B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
52
24 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
2
$13.2M gross assets
History
67 filings and snapshots on the tape
RAUM$3.0B as of Mar 31, 2023
Feb 28, 2014$2.4B then
HNW client RAUM$2.1B as of Mar 31, 2023
Mar 28, 2018$1.5B then
State-registered IARs (5.B.3)27 as of Mar 31, 2023
Feb 28, 201417 then
Employees (5.A)52 as of Mar 31, 2023
Feb 28, 201438 then
Private funds3 as of Mar 31, 2023
Mar 21, 20171 then
RAUM -12% over the last fiscal year-1.0% a year over threeIARs 26 to 27
Practice profile
derived from the filing of Feb 2, 2024; every figure names its basis
RAUM per advisor
$110MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
47derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.3MderivedHNW RAUM over HNW clients
Average account
$680,604derivedRAUM over accounts (5.F.2.f)
Discretionary
80%derivedof RAUM
Institutional
4.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.9derivedItem 5.A over advisors
Advisors per office
6.8derived4 offices incl. principal (1.F.5)
RAUM growth, one year
-12%derivedbetween the last two annual amendments
Advisor growth, one year
+3.8%derivedItem 5.B.3 between annual amendments
Client growth, one year
+7.2%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisers, educational seminars, otherreportedItem 5.G
Custody
$989M, 645 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)
  • 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)
  • an independent public accountant performs a surprise examination (9.C.1)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.1B69%
  • Corporations and businesses$437M15%
  • Individuals$317M11%
  • Charitable organizations$90.7M3.1%
  • Pension and profit-sharing plans$47.3M1.6%
  • Pooled investment vehicles$13.6M0.5%
  • State and municipal entities$8.7M0.3%
Individual clients
786reported
HNW clients
475reported
Pension plan clients
77reported
Charitable clients
22reported
Accounts
4,367reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$989M for 645 clientsreported
Compensation
% of AUM, fixed, hourlyreported
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
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Tim Aviation Viii, LLCOther Private Fund$398,2481Mar 20, 2020
Owners and control persons
Schedule A and B, latest filing
  • Elizabeth Dorothy Andrews · Controllercontrol
    since 04/2019 · owns less than 5%
  • Carl Eric Oppenheim · General Counsel And Chief Compliance Officercontrol
    since 03/2014 · owns less than 5%
  • Adam Matthew Ran · Chief Operating Officercontrol
    since 09/2020 · owns less than 5%
  • Matthew Lyle Wolberg · Chief Executive Officer And Partnercontrol
    since 05/2021 · owns less than 5%
Entity owners
  • Focus Operating, LLC · Member
    direct · owns 75% or more
  • Cd&R Ferdinand Co-Investor, L.P. · Partner
    indirect · owns 25% to 50% of Cd&R Ferdinand Holdings, L.P.
  • Cd&R Ferdinand Holdings, L.P. · Partner
    indirect · owns 50% to 75% of Ferdinand Ffp Ultimate Holdings, LP
  • Clayton, Dubilier & Rice Fund Xii, L.P. · Partner
    indirect · owns 50% to 75% of Cd&R Ferdinand Holdings, L.P.
  • Ferdinand Ffp Acquisition, LLC · Shareholder, Class A Common Stock
    indirect · owns 75% or more of Focus Financial Partners, LLC
  • Ferdinand Ffp Intermediate Holdings, LLC · Member
    indirect · owns 75% or more of Ferdinand Ffp Acquisition, LLC
  • Ferdinand Ffp Parent, Inc. · Member
    indirect · owns 75% or more of Ferdinand Ffp Intermediate Holdings, LLC
  • Ferdinand Ffp Ultimate Holdings, LP · Shareholder
    indirect · owns 75% or more of Ferdinand Ffp Parent, Inc.
  • Ferdinand Ffp Ultimate Holdings, LP · Shareholder, Class B Common Stock
    indirect · owns 75% or more of Focus Financial Partners, LLC
  • Focus Financial Partners Inc. · Member
    indirect · owns 75% or more of Focus Financial Partners, LLC
  • Focus Financial Partners, LLC · Member
    indirect · owns 75% or more of Focus Operating, LLC
Related persons
Schedule D 7.A
  • Ancora Alternatives LLC
    investment adviserpooled vehicle sponsornRAUM $1.1B
  • Connectus Wealth
    investment advisernRAUM $8.7B
  • Sentinel Pension Advisors, LLC.
    investment adviserLP sponsornRAUM $12B
  • Telemus Decorrelation Opportunity Gp, LLC
    bankpooled vehicle sponsorn
  • Telemus Insurance Services, LLC
    real estatey
  • Telemus Life Science Real Estate Fund Manager, LLC
    pooled vehicle sponsorn
Advisers that list Telemus Capital, LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Chicago, Il000
Southfield, Mi · principal000
Offices
Schedule D 1.F, the 25 largest
  • Chicago, IL10 employees
  • Ann Arbor, MI5 employees
  • , 1 employees
What changed
consecutive filings, newest first
  • Private funds · 3 to 2
    Sep 15, 2023 to Jan 9, 2024
  • Related broker-dealer · true to false
    Sep 15, 2023 to Jan 9, 2024
  • Accounts · 4,164 to 4,367
    Nov 15, 2022 to Mar 31, 2023
  • Advisory employees · 19 to 24
    Nov 15, 2022 to Mar 31, 2023
  • BD registered reps · 0 to 1
    Nov 15, 2022 to Mar 31, 2023
  • Charity clients · 44 to 22
    Nov 15, 2022 to Mar 31, 2023
  • Corporate clients · 83 to 40
    Nov 15, 2022 to Mar 31, 2023
  • HNW clients · 465 to 475
    Nov 15, 2022 to Mar 31, 2023
  • Individual clients · 711 to 786
    Nov 15, 2022 to Mar 31, 2023
  • Pension plan clients · 141 to 77
    Nov 15, 2022 to Mar 31, 2023
  • Assets in custody · $963M to $989M
    Nov 15, 2022 to Mar 31, 2023
  • Employees · 46 to 52
    Nov 15, 2022 to Mar 31, 2023
  • Financial planning clients · 101-250 to 251-500
    Nov 15, 2022 to Mar 31, 2023
  • State-registered IARs · 26 to 27
    Nov 15, 2022 to Mar 31, 2023
  • Discretionary RAUM · $2.7B to $2.4B
    Nov 15, 2022 to Mar 31, 2023
  • HNW RAUM · $2.2B to $2.1B
    Nov 15, 2022 to Mar 31, 2023
  • Individual RAUM · $251M to $317M
    Nov 15, 2022 to Mar 31, 2023
  • Non-discretionary RAUM · $707M to $581M
    Nov 15, 2022 to Mar 31, 2023
  • Pension RAUM · $81.5M to $47.3M
    Nov 15, 2022 to Mar 31, 2023
  • Pooled vehicle RAUM · $30.0M to $13.6M
    Nov 15, 2022 to Mar 31, 2023
  • RAUM · $3.4B to $3.0B
    Nov 15, 2022 to Mar 31, 2023
  • Accounts · 4,061 to 4,164
    Jan 28, 2022 to Mar 28, 2022
  • Advisory employees · 27 to 19
    Jan 28, 2022 to Mar 28, 2022
  • Charity clients · 18 to 44
    Jan 28, 2022 to Mar 28, 2022
  • Corporate clients · 36 to 83
    Jan 28, 2022 to Mar 28, 2022
  • HNW clients · 428 to 465
    Jan 28, 2022 to Mar 28, 2022
  • Individual clients · 719 to 711
    Jan 28, 2022 to Mar 28, 2022
  • Pension plan clients · 97 to 141
    Jan 28, 2022 to Mar 28, 2022
  • Assets in custody · $927M to $963M
    Jan 28, 2022 to Mar 28, 2022
  • Employees · 47 to 46
    Jan 28, 2022 to Mar 28, 2022
  • State-registered IARs · 29 to 26
    Jan 28, 2022 to Mar 28, 2022
  • Discretionary RAUM · $2.5B to $2.7B
    Jan 28, 2022 to Mar 28, 2022
  • HNW RAUM · $2.2B to $2.2B
    Jan 28, 2022 to Mar 28, 2022
  • Individual RAUM · $332M to $251M
    Jan 28, 2022 to Mar 28, 2022
  • Non-discretionary RAUM · $719M to $707M
    Jan 28, 2022 to Mar 28, 2022
  • Pension RAUM · $75.4M to $81.5M
    Jan 28, 2022 to Mar 28, 2022
  • Pooled vehicle RAUM · $38.5M to $30.0M
    Jan 28, 2022 to Mar 28, 2022
  • RAUM · $3.2B to $3.4B
    Jan 28, 2022 to Mar 28, 2022
  • Accounts · 3,949 to 4,061
    Jan 4, 2021 to Mar 29, 2021
  • Charity clients · 17 to 18
    Jan 4, 2021 to Mar 29, 2021
Signals
32 dated events
  • 4 advisors left Telemus Capital, LLC (Chicago, IL) for Northcoast Asset Management LLC on the same day
    Mar 21, 2024 · Team lift-out · derived
  • William Andrew Wallbank left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-26)
    Mar 21, 2024 · Advisor changed firm · fact
  • Robert Nicholas Hochkins left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-01)
    Mar 21, 2024 · Advisor changed firm · fact
  • Matthew John Dmytryszyn left Telemus Capital, Llc for Composition Wealth, Llc (registered 2024-04-17)
    Mar 21, 2024 · Advisor changed firm · fact
  • Matthew John Mueller left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-01)
    Mar 21, 2024 · Advisor changed firm · fact
  • Ruth Yvonne Impastato left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-14)
    Mar 21, 2024 · Advisor changed firm · fact
  • Lyle Matthew Wolberg left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-30)
    Mar 21, 2024 · Advisor changed firm · fact
  • Natalie Faye Gordon left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-01)
    Mar 21, 2024 · Advisor changed firm · fact
  • Andrew Douglas Hambleton left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-18)
    Mar 21, 2024 · Advisor changed firm · fact
  • Matthew Ross Heckler left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-18)
    Mar 21, 2024 · Advisor changed firm · fact
  • Robert Allen Stone left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-27)
    Mar 21, 2024 · Advisor changed firm · fact
  • Ari David Fischman left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-04-09)
    Mar 21, 2024 · Advisor changed firm · fact
  • Charlene Grace Reardon left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-01)
    Mar 21, 2024 · Advisor changed firm · fact
  • Lauren Michelle Genuardi left Telemus Capital, Llc for Expressive Wealth Llc (registered 2024-03-01)
    Mar 21, 2024 · Advisor changed firm · fact
  • Trever Matthew Helmstead left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-19)
    Mar 21, 2024 · Advisor changed firm · fact
  • Telemus Capital, LLC's advisors moved to Northcoast Asset Management LLC (Southfield, MI): 16 of 22 registered, on the same day
    Mar 21, 2024 · Firm absorbed (people side) · derived
  • Thomas Arturo Munoz left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-01)
    Mar 21, 2024 · Advisor changed firm · fact
  • Mary Faessler Bakhaus left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-01)
    Mar 21, 2024 · Advisor changed firm · fact
  • Thomas Edward Uber left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-18)
    Mar 21, 2024 · Advisor changed firm · fact
  • Brian Patrick Babcock left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-13)
    Mar 21, 2024 · Advisor changed firm · fact
  • Adam Matthew Pawloski left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-01)
    Mar 21, 2024 · Advisor changed firm · fact
  • Kyle Patrick Deal left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-01)
    Mar 21, 2024 · Advisor changed firm · fact
  • Andrew R Bass left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-30)
    Mar 21, 2024 · Advisor changed firm · fact
  • Joshua Saul Levine left Telemus Capital, Llc for Northcoast Asset Management Llc (registered 2024-03-27)
    Mar 21, 2024 · Advisor changed firm · fact
  • Matthew Lyle Wolberg (Chief Executive Officer And Partner) appeared on Schedule A of Telemus Capital, Llc
    Jun 2, 2021 · Control person joined · fact
  • Louis Gary Ran (Partner/Chairman) no longer on Schedule A of Telemus Capital, Llc (listed 2021-05-03, absent 2021-06-02)
    Jun 2, 2021 · Control person left · inference
  • Adam Matthew Ran (Director Of Growth And Development) appeared on Schedule A of Telemus Capital, Llc
    Apr 14, 2020 · Control person joined · fact
  • Meneely Mary Wilson (Chief Operations Officer) no longer on Schedule A of Telemus Capital, Llc (listed 2020-03-20, absent 2020-04-14)
    Apr 14, 2020 · Control person left · inference
  • Elizabeth Dorothy Andrews (Controller) appeared on Schedule A of Telemus Capital, Llc
    Mar 20, 2020 · Control person joined · fact
  • James Robert Schlagheck (Chief Financial Officer & Controller) no longer on Schedule A of Telemus Capital, Llc (listed 2019-11-01, absent 2020-03-20)
    Mar 20, 2020 · Control person left · inference
Across DFX
shared identifiers only, never a name match
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