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

Gbs Advisors

Former SEC-registered adviserSanta Rosa, CaliforniaCRD 16906SEC 801-60744IAPD
Legal name Gbs Financial Corp.
Latest filing Aug 11, 2014
First filing on the tape Mar 23, 2012 · 14 filings
RAUM
$811M
reported, Item 5.F
Discretionary
90%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
21
21 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$811M as of Mar 31, 2014
Mar 23, 2012$183M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2014
Mar 23, 20120 then
Employees (5.A)21 as of Mar 31, 2014
Mar 28, 201358 then
Private funds: no history
RAUM +388% over the last fiscal yearIARs 0 to 21
Practice profile
derived from the filing of Aug 11, 2014; every figure names its basis
RAUM per advisor
$38.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$2.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
90%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.1derived19 offices incl. principal (1.F.5)
RAUM growth, one year
+388%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 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
  • is a broker-dealer (6.A.1)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
354reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, 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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Donald Gerard Gloisten · Chief Executive Officercontrol
    since 11/2004 · owns 50% to 75%
  • Gerard Paul Gloisten · Presidentcontrol
    since 03/2004 · owns 25% to 50%
  • Lynn Sue Morrill · Chief Compliance Officer & Registered Options And Security Futures Principal
    since 12/2003 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
  • Santa Rosa, CA
  • Huntington Beach, CA
  • Mill Valley, CA
  • Oakland, CA
  • Roseville, CA
  • Santa Rosa, CA
  • Sausalito, CA
  • Ventura, CA
  • Westlake Village, CA
  • ,
What changed
consecutive filings, newest first
  • State-registered IARs · 0 to 21
    Jul 1, 2014 to Aug 11, 2014
  • Accounts · 783 to 354
    Feb 25, 2014 to Mar 31, 2014
  • Advisory employees · 27 to 21
    Feb 25, 2014 to Mar 31, 2014
  • BD registered reps · 58 to 21
    Feb 25, 2014 to Mar 31, 2014
  • Employees · 58 to 21
    Feb 25, 2014 to Mar 31, 2014
  • Discretionary RAUM · $112M to $727M
    Feb 25, 2014 to Mar 31, 2014
  • Non-discretionary RAUM · $54.0M to $84.1M
    Feb 25, 2014 to Mar 31, 2014
  • RAUM · $166M to $811M
    Feb 25, 2014 to Mar 31, 2014
  • Related adviser · false to true
    Feb 25, 2014 to Mar 31, 2014
  • Business name · GBS FINANCIAL CORP. to GBS ADVISORS
    Dec 10, 2013 to Jan 10, 2014
  • Accounts · 682 to 783
    Jan 18, 2013 to Mar 28, 2013
  • Advisory employees · 25 to 27
    Jan 18, 2013 to Mar 28, 2013
  • BD registered reps · 74 to 58
    Jan 18, 2013 to Mar 28, 2013
  • Employees · 74 to 58
    Jan 18, 2013 to Mar 28, 2013
  • Financial planning clients · 0 to 1-10
    Jan 18, 2013 to Mar 28, 2013
  • Discretionary RAUM · $141M to $112M
    Jan 18, 2013 to Mar 28, 2013
  • Non-discretionary RAUM · $41.8M to $54.0M
    Jan 18, 2013 to Mar 28, 2013
  • RAUM · $183M to $166M
    Jan 18, 2013 to Mar 28, 2013
  • Advisory employees · unset to 25.0
    Jul 11, 2012 to Jan 18, 2013
  • BD registered reps · unset to 74.0
    Jul 11, 2012 to Jan 18, 2013
  • Employees · unset to 74.0
    Jul 11, 2012 to Jan 18, 2013
Signals
No event on the tape.
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