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.
SEC-registered adviser
Exceed Advisory LLC
Latest filing Feb 19, 2026
First filing on the tape Jun 16, 2014 · 33 filings
SEC status approved since Jul 3, 2014
RAUM
$119M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
83%
$98.5M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$59.6M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$119M as of Feb 19, 2026
Feb 25, 2016$20.7M then
HNW client RAUM$71.3M as of Feb 19, 2026
Mar 27, 2024$17.1M then
State-registered IARs (5.B.3)2 as of Feb 19, 2026
Mar 13, 20150 then
Employees (5.A)3 as of Feb 19, 2026
Mar 13, 20155 then
Private funds: no history
RAUM +55% over the last fiscal year+43% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Feb 19, 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
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $59.6MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 46derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.4MderivedHNW RAUM over HNW clients
- Average account
- $1.3MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 1.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +55%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +34%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companiesreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$71.3M60%
- Individuals$27.2M23%
- Investment companies$18.9M16%
- Other investment advisers$1.7M1.4%
- Individual clients
- 61reported
- HNW clients
- 30reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 92reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.83 fund_share=0.17 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Joseph Halpern | New York, Ny | Feb 3, 2026 | 13 y | 3 |
| Bryan Patrick SappChartered Financial Analyst | Oregon, Wi | Feb 3, 2026 | 17 y | 3 |
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
- John Beldy to Sentry Capital Management, LLCAug 6, 2022 · Other
Joined, latest
- Joseph Halpern from Obsidian Cio LLCFeb 4, 2025 · Other
- John Beldy from Sentry Capital Management, LLCApr 29, 2022 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Joseph Halpern · Manager & Ccocontrolsince 10/2013 · owns less than 5%
- Joseph Halpern · Ownercontrolsince 10/2012 · owns 25% to 50% of Exceed Holdings LLC
Entity owners
- Exceed Holdings LLC · Memberdirect · owns 75% or more
Related persons
Schedule D 7.A
- Obsidian Cio LLCinvestment advisernRAUM $1.3B
- Fountainhead Advisorsinvestment advisernRAUM $1.0B
- Fountainhead Retirement Servicesinvestment advisern
Advisers that list Exceed Advisory LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| New York, Ny · principal | 2 | 2 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM up 50 %Change between filings · filing Feb 19, 2026RAUM (Item 5.F) moved from $76,691,804 to $119,150,346 (+55.0%) between the annual amendments of 2025-03-07 and 2026-02-19; the peer median change was +15.0% (4550 comparable advisers, 96.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,550) · 96% percentile
What changed
consecutive filings, newest first
- Accounts · 69 to 92Jan 28, 2026 to Feb 19, 2026
- HNW clients · 17 to 30Jan 28, 2026 to Feb 19, 2026
- Individual clients · 51 to 61Jan 28, 2026 to Feb 19, 2026
- Employees · 2 to 3Jan 28, 2026 to Feb 19, 2026
- Discretionary RAUM · $76.7M to $119MJan 28, 2026 to Feb 19, 2026
- HNW RAUM · $39.8M to $71.3MJan 28, 2026 to Feb 19, 2026
- Individual RAUM · $16.9M to $27.2MJan 28, 2026 to Feb 19, 2026
- RAUM · $76.7M to $119MJan 28, 2026 to Feb 19, 2026
- Accounts · 38 to 69Feb 4, 2025 to Mar 7, 2025
- BD registered reps · 1 to 0Feb 4, 2025 to Mar 7, 2025
- HNW clients · 8 to 17Feb 4, 2025 to Mar 7, 2025
- Individual clients · 25 to 51Feb 4, 2025 to Mar 7, 2025
- Financial planning clients · unset to Feb 4, 2025 to Mar 7, 2025
- Other offices · 0 to 1Feb 4, 2025 to Mar 7, 2025
- Discretionary RAUM · $49.1M to $76.7MFeb 4, 2025 to Mar 7, 2025
- HNW RAUM · $17.1M to $39.8MFeb 4, 2025 to Mar 7, 2025
- Individual RAUM · $8.9M to $16.9MFeb 4, 2025 to Mar 7, 2025
- RAUM · $49.1M to $76.7MFeb 4, 2025 to Mar 7, 2025
- Accounts · 1 to 38Apr 25, 2023 to Mar 27, 2024
- Advisory activities · 2 to 3Apr 25, 2023 to Mar 27, 2024
- HNW clients · unset to 8.0Apr 25, 2023 to Mar 27, 2024
- Individual clients · unset to 25.0Apr 25, 2023 to Mar 27, 2024
- Discretionary RAUM · $41.0M to $49.1MApr 25, 2023 to Mar 27, 2024
- HNW RAUM · unset to 17100000.0Apr 25, 2023 to Mar 27, 2024
- Individual RAUM · unset to 8950000.0Apr 25, 2023 to Mar 27, 2024
- RAUM · $41.0M to $49.1MApr 25, 2023 to Mar 27, 2024
- Accounts · 4 to 1Feb 1, 2023 to Mar 30, 2023
- BD registered reps · 2 to 1Feb 1, 2023 to Mar 30, 2023
- Insurance-licensed employees · 0 to 1Feb 1, 2023 to Mar 30, 2023
- HQ city · unset to NEW YORKFeb 1, 2023 to Mar 30, 2023
- HQ state · unset to NYFeb 1, 2023 to Mar 30, 2023
- State-registered IARs · 1 to 2Feb 1, 2023 to Mar 30, 2023
- Discretionary RAUM · $112M to $41.0MFeb 1, 2023 to Mar 30, 2023
- RAUM · $112M to $41.0MFeb 1, 2023 to Mar 30, 2023
- Advisory employees · 1 to 2Jan 31, 2022 to Mar 22, 2022
- Financial planning clients · 0 to unsetJan 31, 2022 to Mar 22, 2022
- State-registered IARs · 0 to 1Jan 31, 2022 to Mar 22, 2022
- Discretionary RAUM · $107M to $112MJan 31, 2022 to Mar 22, 2022
- RAUM · $107M to $112MJan 31, 2022 to Mar 22, 2022
- Accounts · 5 to 4Oct 15, 2020 to Feb 24, 2021
Signals
4 dated events
- Margaret Powell (Chief Compliance Officer) no longer on Schedule A of Exceed Advisory Llc (listed 2022-10-06, absent 2022-12-16)Dec 16, 2022 · Control person left · inference
- John Beldy left Exceed Advisory Llc for Sentry Capital Management, Llc (registered 2022-10-14)Aug 6, 2022 · Advisor changed firm · fact
- Margaret Powell (Chief Compliance Officer) appeared on Schedule A of Exceed Advisory LlcMay 22, 2020 · Control person joined · fact
- Exceed Advisory Llc filed its initial SEC registration (Form ADV)Jun 16, 2014 · 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 phone
- 646-580-7046reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/exceed-investments-llcreportedpublic record, Form ADV, Sep 18, 2026
- Website
- exceedinvestments.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 646-580-7046reportedpublic record, Form ADV, Feb 19, 2026
- Team page
- exceedinvestments.com/team/team1reportedpublished by the firm, firm site, Sep 15, 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
- $59.6Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026