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

Astor Investment Management LLC

Former SEC-registered adviserChicago, IllinoisCRD 169679SEC 801-78794websiteIAPD
Latest filing Feb 10, 2025
First filing on the tape Nov 5, 2013 · 54 filings
SEC status approved since Nov 18, 2013
RAUM
$198M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
52%
$103M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
3 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
54 filings and snapshots on the tape
RAUM$198M as of Feb 10, 2025
Feb 4, 2014$339M then
HNW client RAUM$12.7M as of Feb 10, 2025
Feb 28, 2018$304M then
State-registered IARs (5.B.3)4 as of Feb 10, 2025
Feb 4, 201414 then
Employees (5.A)6 as of Feb 10, 2025
Feb 4, 201419 then
Private funds: no history
RAUM -24% over the last fiscal year-23% a year over threeIARs 4 to 4offices 4 to 5
Practice profile
derived from the filing of Feb 10, 2025; every figure names its basis
RAUM per advisor
$49.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
109derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.4MderivedHNW RAUM over HNW clients
Average account
$443,904derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
3.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
0.7derived6 offices incl. principal (1.F.5)
RAUM growth, one year
-24%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 assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companiesreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$90.0M45%
  • Investment companies$86.1M43%
  • High-net-worth individuals$12.7M6.4%
  • Charitable organizations$5.8M2.9%
  • Corporations and businesses$2.2M1.1%
  • Pension and profit-sharing plans$1.7M0.9%
Individual clients
426reported
HNW clients
9reported
Pension plan clients
3reported
Charitable clients
2reported
Accounts
447reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $122M managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
  • Thomas Brian Durbin · Chief Compliance Officercontrol
    since 05/2024 · owns less than 5%
  • Francis John Eckstein · Chief Investment Officercontrol
    since 10/2013 · owns less than 5%
  • Michael Bryan Novak · Chief Executive Officercontrol
    since 10/2013 · owns less than 5%
  • Anthony Scott Thomas · Director, Chief Financial Officer, Chief Operations Officercontrol
    since 11/2014 · owns less than 5%
  • Neil Robert Stein · Owner / Managing Membercontrol
    since 10/2019 · owns 75% or more of Astor Financial LLC
Entity owners
  • Lakewood Investment Management LLC · Owner / Managing Member
    direct · owns 75% or more
  • Astor Financial LLC · Member
    indirect · owns 75% or more of Lakewood Investment Management LLC
  • Harvest Capital Strategies LLC · Owner
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Advisers that list Astor Investment Management LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Chicago, Il · principal000
Offices
Schedule D 1.F, the 25 largest
  • Grosse Pointe Woods, MI1 employees
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 458 to 447
    Dec 17, 2024 to Feb 10, 2025
  • Charity clients · unset to 2.0
    Dec 17, 2024 to Feb 10, 2025
  • Corporate clients · 6 to 5
    Dec 17, 2024 to Feb 10, 2025
  • Individual clients · 434 to 426
    Dec 17, 2024 to Feb 10, 2025
  • Pension plan clients · unset to 3.0
    Dec 17, 2024 to Feb 10, 2025
  • Financial planning clients · unset to
    Dec 17, 2024 to Feb 10, 2025
  • Discretionary RAUM · $214M to $198M
    Dec 17, 2024 to Feb 10, 2025
  • HNW RAUM · $13.1M to $12.7M
    Dec 17, 2024 to Feb 10, 2025
  • Individual RAUM · $93.7M to $90.0M
    Dec 17, 2024 to Feb 10, 2025
  • Pension RAUM · $5.1M to $1.7M
    Dec 17, 2024 to Feb 10, 2025
  • RAUM · $214M to $198M
    Dec 17, 2024 to Feb 10, 2025
  • Accounts · 524 to 458
    Jun 4, 2024 to Dec 17, 2024
  • Corporate clients · unset to 6.0
    Jun 4, 2024 to Dec 17, 2024
  • HNW clients · 11 to 9
    Jun 4, 2024 to Dec 17, 2024
  • Individual clients · 505 to 434
    Jun 4, 2024 to Dec 17, 2024
  • Employees · 9 to 6
    Jun 4, 2024 to Dec 17, 2024
  • State-registered IARs · 5 to 4
    Jun 4, 2024 to Dec 17, 2024
  • Discretionary RAUM · $261M to $214M
    Jun 4, 2024 to Dec 17, 2024
  • HNW RAUM · $16.3M to $13.1M
    Jun 4, 2024 to Dec 17, 2024
  • Individual RAUM · $106M to $93.7M
    Jun 4, 2024 to Dec 17, 2024
  • Pension RAUM · $7.6M to $5.1M
    Jun 4, 2024 to Dec 17, 2024
  • RAUM · $261M to $214M
    Jun 4, 2024 to Dec 17, 2024
  • Wrap assets (manager) · $139M to $122M
    Jun 4, 2024 to Dec 17, 2024
  • BD registered reps · 1 to 0
    Mar 29, 2024 to Jun 4, 2024
  • Employees · 8 to 9
    Mar 29, 2024 to Jun 4, 2024
  • State-registered IARs · 4 to 5
    Mar 29, 2024 to Jun 4, 2024
  • Other offices · 4 to 5
    Mar 29, 2024 to Jun 4, 2024
  • Accounts · 709 to 524
    Dec 5, 2023 to Mar 29, 2024
  • Advisory employees · 4 to 3
    Dec 5, 2023 to Mar 29, 2024
  • Charity clients · 4.0 to unset
    Dec 5, 2023 to Mar 29, 2024
  • Corporate clients · 8.0 to unset
    Dec 5, 2023 to Mar 29, 2024
  • Individual clients · 675 to 505
    Dec 5, 2023 to Mar 29, 2024
  • Pension plan clients · 5.0 to unset
    Dec 5, 2023 to Mar 29, 2024
  • Employees · 9 to 8
    Dec 5, 2023 to Mar 29, 2024
  • Financial planning clients · 0 to unset
    Dec 5, 2023 to Mar 29, 2024
  • State-registered IARs · 5 to 4
    Dec 5, 2023 to Mar 29, 2024
  • Other offices · 0 to 4
    Dec 5, 2023 to Mar 29, 2024
  • Discretionary RAUM · $325M to $261M
    Dec 5, 2023 to Mar 29, 2024
  • HNW RAUM · $15.6M to $16.3M
    Dec 5, 2023 to Mar 29, 2024
  • Individual RAUM · $134M to $106M
    Dec 5, 2023 to Mar 29, 2024
Signals
14 dated events
  • Astor Investment Management Llc no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $198.4M)
    Dec 20, 2025 · Left the SEC roster · derived
  • Beacon Capital Management, Inc. reported succeeding to the business of Astor Investment Management Llc (Form ADV Item 4)
    Aug 30, 2025 · Succession (Item 4) · fact
  • Bryan Charles Tennant left Astor Investment Management Llc for Harris | Oakmark (registered 2025-10-14)
    Jun 5, 2024 · Advisor changed firm · fact
  • Charles Bryan Tennant (Chief Compliance Officer) no longer on Schedule A of Astor Investment Management Llc (listed 2024-03-29, absent 2024-06-04)
    Jun 4, 2024 · Control person left · inference
  • Thomas Brian Durbin (Chief Compliance Officer) appeared on Schedule A of Astor Investment Management Llc
    Jun 4, 2024 · Control person joined · fact
  • Brandon Balazi left Astor Investment Management Llc for Saturna Capital Corporation (registered 2026-04-10)
    Feb 15, 2023 · Advisor changed firm · fact
  • Charles Bryan Tennant (Chief Compliance Officer) appeared on Schedule A of Astor Investment Management Llc
    Jul 27, 2022 · Control person joined · fact
  • Thomas Mccarthy Obrien left Astor Investment Management Llc for Morningstar Investment Services Llc (registered 2024-01-09)
    Jun 13, 2022 · Advisor changed firm · fact
  • Mccarthy Thomas Obrien (Director) no longer on Schedule A of Astor Investment Management Llc (listed 2022-05-31, absent 2022-06-13)
    Jun 13, 2022 · Control person left · inference
  • Charles Lee Oliff (Chief Legal Officer) no longer on Schedule A of Astor Investment Management Llc (listed 2022-03-30, absent 2022-05-31)
    May 31, 2022 · Control person left · inference
  • Thomas Brian Durbin (Chief Compliance Officer) no longer on Schedule A of Astor Investment Management Llc (listed 2022-03-30, absent 2022-05-31)
    May 31, 2022 · Control person left · inference
  • Jean Susan Hill (Chief Compliance Officer) no longer on Schedule A of Astor Investment Management Llc (listed 2020-03-02, absent 2020-06-30)
    Jun 30, 2020 · Control person left · inference
  • Thomas Brian Durbin (Chief Compliance Officer) appeared on Schedule A of Astor Investment Management Llc
    Jun 30, 2020 · Control person joined · fact
  • Astor Investment Management Llc filed its initial SEC registration (Form ADV)
    Nov 5, 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