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

Schechter Investment Advisors, LLC

Former SEC-registered adviserBirmingham, MichiganCRD 169114SEC 801-78607websiteIAPD
Latest filing Apr 14, 2025
First filing on the tape Sep 18, 2013 · 40 filings
SEC status approved since Sep 25, 2013
RAUM
$3.9B
reported, Item 5.F
Discretionary
91%
of RAUM
Private clients
80%
$3.2B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
30
14 advisory (5.B.1)
Offices
6
beyond the principal office
Private funds
0
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$3.9B as of Apr 14, 2025
Mar 28, 2014$535M then
HNW client RAUM$3.0B as of Apr 14, 2025
Mar 29, 2018$816M then
State-registered IARs (5.B.3)13 as of Apr 14, 2025
Mar 28, 20145 then
Employees (5.A)30 as of Apr 14, 2025
Mar 28, 20147 then
Private funds: no history
RAUM +18% over the last fiscal year+15% a year over threeIARs 13 to 13offices 5 to 6
Practice profile
derived from the filing of Apr 14, 2025; every figure names its basis
RAUM per advisor
$303MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
57derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$6.4MderivedHNW RAUM over HNW clients
Average account
$1.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
91%derivedof RAUM
Institutional
1.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.3derivedItem 5.A over advisors
Advisors per office
1.9derived7 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+16%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, 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
  • 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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$3.0B77%
  • Corporations and businesses$750M19%
  • Individuals$111M2.8%
  • Charitable organizations$43.6M1.1%
Individual clients
273reported
HNW clients
472reported
Pension plan clients
0reported
Charitable clients
34reported
Accounts
3,076reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
noreported
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
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
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Florence Affatato · Ccocontrol
      since 04/2022 · owns less than 5%
    • John Aaron Hodari · Managing Directorcontrol
      since 09/2016 · owns less than 5%
    • Rodney Marc Schechter · Membercontrol
      since 09/2004 · owns 75% or more of Samanjo, Inc.
    Entity owners
    • Samanjo, Inc. · S Corp
      direct · owns 75% or more
    • Susan Alfred Schechter Revocable Trust · Revocable Trust
      direct · owns less than 5%
    Related persons
    Schedule D 7.A
    Advisers that list Schechter Investment Advisors, LLC as a related person
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Birmingham, Mi · principal000
    Deerfield, Il000
    Glendale, Ca000
    Holland, Mi000
    Pagosa Springs, Co000
    Silverthorne, Co000
    Offices
    Schedule D 1.F, the 25 largest
    • Deerfield, IL1 employees
    • Glendale, CA1 employees
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 2,822 to 3,076
      Oct 1, 2024 to Apr 14, 2025
    • Advisory employees · 13 to 14
      Oct 1, 2024 to Apr 14, 2025
    • Charity clients · 30 to 34
      Oct 1, 2024 to Apr 14, 2025
    • Corporate clients · 107 to 129
      Oct 1, 2024 to Apr 14, 2025
    • HNW clients · 404 to 472
      Oct 1, 2024 to Apr 14, 2025
    • Individual clients · 241 to 273
      Oct 1, 2024 to Apr 14, 2025
    • Assets in custody · 204485653.0 to unset
      Oct 1, 2024 to Apr 14, 2025
    • Custody of client assets · true to false
      Oct 1, 2024 to Apr 14, 2025
    • Employees · 29 to 30
      Oct 1, 2024 to Apr 14, 2025
    • Financial planning clients · 51-100 to 101-250
      Oct 1, 2024 to Apr 14, 2025
    • Other offices · 5 to 6
      Oct 1, 2024 to Apr 14, 2025
    • Discretionary RAUM · $2.9B to $3.6B
      Oct 1, 2024 to Apr 14, 2025
    • HNW RAUM · $2.6B to $3.0B
      Oct 1, 2024 to Apr 14, 2025
    • Individual RAUM · $88.6M to $111M
      Oct 1, 2024 to Apr 14, 2025
    • Non-discretionary RAUM · $480M to $374M
      Oct 1, 2024 to Apr 14, 2025
    • RAUM · $3.3B to $3.9B
      Oct 1, 2024 to Apr 14, 2025
    • Assets in custody · $3.3M to $204M
      Mar 8, 2024 to Jul 16, 2024
    • Accounts · 2,461 to 2,822
      Jul 18, 2023 to Mar 8, 2024
    • Advisory activities · 5 to 4
      Jul 18, 2023 to Mar 8, 2024
    • Charity clients · 18 to 30
      Jul 18, 2023 to Mar 8, 2024
    • Corporate clients · 101 to 107
      Jul 18, 2023 to Mar 8, 2024
    • HNW clients · 367 to 404
      Jul 18, 2023 to Mar 8, 2024
    • Individual clients · 235 to 241
      Jul 18, 2023 to Mar 8, 2024
    • Assets in custody · unset to 3300000.0
      Jul 18, 2023 to Mar 8, 2024
    • Custody of client assets · false to true
      Jul 18, 2023 to Mar 8, 2024
    • Discretionary RAUM · $2.5B to $2.9B
      Jul 18, 2023 to Mar 8, 2024
    • HNW RAUM · $2.3B to $2.6B
      Jul 18, 2023 to Mar 8, 2024
    • Individual RAUM · $86.3M to $88.6M
      Jul 18, 2023 to Mar 8, 2024
    • Non-discretionary RAUM · $374M to $480M
      Jul 18, 2023 to Mar 8, 2024
    • RAUM · $2.8B to $3.3B
      Jul 18, 2023 to Mar 8, 2024
    • Assets in custody · 1033237.0 to unset
      Apr 25, 2023 to Jul 18, 2023
    • Custody of client assets · true to false
      Apr 25, 2023 to Jul 18, 2023
    • Other offices · 3 to 5
      Apr 25, 2023 to Jul 18, 2023
    • Accounts · 2,165 to 2,461
      Jan 12, 2023 to Mar 10, 2023
    • Advisory employees · 15 to 13
      Jan 12, 2023 to Mar 10, 2023
    • Advisory activities · 3 to 5
      Jan 12, 2023 to Mar 10, 2023
    • BD registered reps · 3 to 7
      Jan 12, 2023 to Mar 10, 2023
    • Charity clients · 12 to 18
      Jan 12, 2023 to Mar 10, 2023
    • Corporate clients · 0 to 101
      Jan 12, 2023 to Mar 10, 2023
    • HNW clients · 351 to 367
      Jan 12, 2023 to Mar 10, 2023
    Signals
    40 dated events
    • Schechter Investment Advisors, Llc no longer on the SEC adviser roster (last listed 2025-08-01, RAUM $3.9B)
      Sep 2, 2025 · Left the SEC roster · derived
    • Kevin Matthew Beauchamp left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-08-05)
      Aug 25, 2025 · Advisor changed firm · fact
    • Marc Rodney Schechter left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-07-02)
      Jul 11, 2025 · Advisor changed firm · fact
    • Richard Joseph Elias left Schechter Investment Advisors, Llc for Enlightened Finance Llc (registered 2018-08-24)
      Jul 11, 2025 · Advisor changed firm · fact
    • Adam Blocki left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-06-18)
      Jul 11, 2025 · Advisor changed firm · fact
    • Bradley Kevin Feldman left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-06-18)
      Jul 11, 2025 · Advisor changed firm · fact
    • Ann Marie Sandquist left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-06-18)
      Jul 11, 2025 · Advisor changed firm · fact
    • John Edward Stein left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-06-18)
      Jul 11, 2025 · Advisor changed firm · fact
    • Jordan Howard Smith left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-06-18)
      Jul 11, 2025 · Advisor changed firm · fact
    • Alexander Lloyd Martin left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-06-18)
      Jul 11, 2025 · Advisor changed firm · fact
    • Brian John Mackey left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-06-18)
      Jul 11, 2025 · Advisor changed firm · fact
    • Bernard Steven Kent left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-06-18)
      Jul 11, 2025 · Advisor changed firm · fact
    • Prasad Mohan left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-06-18)
      Jul 11, 2025 · Advisor changed firm · fact
    • Aaron John Hodari left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-06-18)
      Jul 11, 2025 · Advisor changed firm · fact
    • Michael Brian Schoffman left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-06-18)
      Jul 11, 2025 · Advisor changed firm · fact
    • Anthony Jacob Chisolm left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-06-18)
      Jul 11, 2025 · Advisor changed firm · fact
    • Paul Robert Wehner left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-06-18)
      Jul 11, 2025 · Advisor changed firm · fact
    • 2 advisors left Schechter Investment Advisors, LLC (Silverthorne, CO) for Arax Advisory Partners on the same day
      Jul 11, 2025 · Team lift-out · derived
    • Colin Coyle Steinberg left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-06-18)
      Jun 30, 2025 · Advisor changed firm · fact
    • Schechter Investment Advisors, LLC's advisors moved to Arax Advisory Partners (Birmingham, MI): 11 of 17 registered, within 11 days
      Jun 30, 2025 · Firm absorbed (people side) · derived
    • Joseph G Opiela left Schechter Investment Advisors, Llc for Arax Advisory Partners (registered 2025-09-10)
      Jun 9, 2025 · Advisor changed firm · fact
    • Wade Robert Hoag left Schechter Investment Advisors, Llc for J. W. Cole Advisors, Inc. (registered 2025-07-18)
      Sep 27, 2023 · Advisor changed firm · fact
    • Armando Alfredo Risi (Chief Operating Officer) no longer on Schedule A of Schechter Investment Advisors, Llc (listed 2023-04-25, absent 2023-07-18)
      Jul 18, 2023 · Control person left · inference
    • Steven Bernard Kent (Chairman) no longer on Schedule A of Schechter Investment Advisors, Llc (listed 2022-12-15, absent 2023-01-12)
      Jan 12, 2023 · Control person left · inference
    • Harvey Alan Slaughter left Schechter Investment Advisors, Llc for Winthrop Wealth (registered 2022-10-04)
      Sep 15, 2022 · Advisor changed firm · fact
    • Florence Affatato (Cco) appeared on Schedule A of Schechter Investment Advisors, Llc
      Apr 26, 2022 · Control person joined · fact
    • Paul Eric Donofrio (Chief Compliance Officer) no longer on Schedule A of Schechter Investment Advisors, Llc (listed 2022-03-31, absent 2022-04-26)
      Apr 26, 2022 · Control person left · inference
    • Schechter Investment Advisors, Llc reported RAUM $2.6B, up 70% from $1.5B (2021-11-10 to 2022-03-31)
      Mar 31, 2022 · RAUM change · derived
    • Edward John Stein (Managing Director) no longer on Schedule A of Schechter Investment Advisors, Llc (listed 2021-11-10, absent 2022-03-31)
      Mar 31, 2022 · Control person left · inference
    • Maxwell James Hunt left Schechter Investment Advisors, Llc for J.P. Morgan Securities Llc (registered 2026-01-30)
      Mar 10, 2022 · Advisor changed firm · fact
    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