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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
SEC-registered adviser
S••••••••• A•••••••• L••
Latest filing Mar 31, 2026
First filing on the tape Jul 31, 2014 · 48 filings
SEC status approved since Aug 20, 2014
RAUM
$9.8B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
85%
$8.4B individuals and HNW
Advisors
22
registered through the firm on IAPD
RAUM per advisor
$447M
derived; firm RAUM over IAPD count
Employees
61
43 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
48 filings and snapshots on the tape
RAUM$9.8B as of Mar 31, 2026
Mar 30, 2015$134M then
HNW client RAUM$7.0B as of Mar 31, 2026
Mar 28, 2023$14.4M then
State-registered IARs (5.B.3)16 as of Mar 31, 2026
Mar 30, 20152 then
Employees (5.A)61 as of Mar 31, 2026
Mar 30, 20155 then
Private funds1 as of Mar 24, 2017
Mar 28, 20161 then
RAUM +64% over the last fiscal year+48% a year over threeIARs 8 to 16
Practice profile
derived from the filing of Mar 31, 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
- RAUM per advisor
- $447MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 195derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.6MderivedHNW RAUM over HNW clients
- Average account
- $2.2MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.8derivedItem 5.A over advisors
- Advisors per office
- 5.5derived4 offices incl. principal (1.F.5)
- RAUM growth, one year
- +64%derivedbetween the last two annual amendments
- Advisor growth, one year
- +100%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, otherreportedItem 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
- 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$7.0B71%
- Individuals$1.4B14%
- Corporations and businesses$1.4B14%
- Charitable organizations$28.9M0.3%
- Pooled investment vehicles$11.6M0.1%
- Pension and profit-sharing plans$10.0M0.1%
- Sovereign wealth funds$10.0M0.1%
- Individual clients
- 2,339reported
- HNW clients
- 1,961reported
- Pension plan clients
- 4reported
- Charitable clients
- 9reported
- Accounts
- 4,480reported
- Financial planning clients
- reported
- Wrap fee programs
- $0 sponsored, $3.8B managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.85 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=12.0 bank_owner=falsederived
Advisors registered through the firm
22 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| D••••• G• O••••••• | Chicago, Il | Jun 20, 2024 | 14 y | 6 |
| D•••• E••••• D••••••• | Chicago, Il | Oct 16, 2025 | 22 y | 4 |
| E••• J••••• M•••Chartered Financial Analyst | Chicago, Il | Oct 16, 2025 | 13 y | 3 |
| R••••• A••••• H••••Chartered Financial Analyst | Chicago, Il | Oct 16, 2025 | 16 y | 1 |
| A••• W••••• B••••••••• | Chicago, Il | Oct 16, 2025 | 11 y | 2 |
| J••••••• L•••• M••••• | Denver, Co | Oct 16, 2025 | 28 y | 1 |
| J•••• A• S•••••••• | Chicago, Il | Oct 16, 2025 | 13 y | 1 |
| O••••• N••••• V•••••• | Chicago, Il | Oct 16, 2025 | 11 y | 2 |
| G•••••• M• D•••••••• | Chicago, Il | Oct 17, 2025 | 26 y | 2 |
| M••• W•••• S•••• H••••• | Chicago, Il | Oct 17, 2025 | 12 y | 2 |
| M•••••• T••••• A•••••• | Lone Tree, Co | Oct 19, 2025 | 16 y | 1 |
| C•••••• E••• S•••••••• | Bernardsville, Nj | Mar 11, 2026 | 16 y | 1 |
| T••••• L••••• | Chicago, Il | Apr 14, 2026 | 11 y | 0 |
| A••••••••• T• M•••••• | Chicago, Il | Jun 23, 2026 | 10 y | 1 |
| F•••••• D••• K••••• | Chicago, Il | Jul 13, 2026 | 26 y | 1 |
| T•••• C••• | Chicago, Il | Jul 13, 2026 | 11 y | 0 |
| S••••• C••• E•••• | Chicago, Il | Jul 19, 2026 | 12 y | 1 |
| S••••• F••••••••• | Chicago, Il | Aug 17, 2026 | 10 y | 0 |
| C•••••••• C••• W••••••• | Chicago, Il | Aug 17, 2026 | 12 y | 0 |
| D••••• R••• H•••• | Chicago, Il | Aug 17, 2026 | 11 y | 0 |
| A•••••••• J•••• W••••• | Chicago, Il | Aug 27, 2026 | 12 y | 0 |
| K••• E•••••• S•••••••• | Chicago, Il | Sep 4, 2026 | 11 y | 0 |
Advisor movement
0 left, 14 joined in 12 months
net +14 in 12 months0 left in 90 days3 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- D•••• E••••• D••••••• to B•••••••• I••••••••• M••••••••• L••Dec 31, 2017 · Other
- E••• J••••• M••• to B•••••••• I••••••••• M••••••••• L••Dec 31, 2017 · Other
- A••• W••••• B••••••••• to B•••••••• I••••••••• M••••••••• L••Dec 31, 2017 · Other
Joined, latest
- S••••• C••• E•••• from U•• F•••••••• S••••••• I•••Jul 19, 2026 · Wirehouse to independent RIA
- F•••••• D••• K••••• from P••• A••••• S••••••••• L••Jul 13, 2026 · Affiliated broker-dealer or bank to independent RIA
- A••••••••• T• M•••••• from M••••• S••••••Jun 23, 2026 · Wirehouse to independent RIA
- C•••••• E••• S•••••••• from B•••••••• I••••••••• M••••••••• L••Mar 11, 2026 · Other
- M•••••• T••••• A•••••• from B•••••••• I••••••••• M••••••••• L••Oct 19, 2025 · Other
- G•••••• M• D•••••••• from B•••••••• I••••••••• M••••••••• L••Oct 17, 2025 · Other
- M••• W•••• S•••• H••••• from B•••••••• I••••••••• M••••••••• L••Oct 17, 2025 · Other
- D•••• E••••• D••••••• from B•••••••• I••••••••• M••••••••• L••Oct 16, 2025 · Other
- E••• J••••• M••• from B•••••••• I••••••••• M••••••••• L••Oct 16, 2025 · Other
- R••••• A••••• H•••• from B•••••••• I••••••••• M••••••••• L••Oct 16, 2025 · Other
- A••• W••••• B••••••••• from B•••••••• I••••••••• M••••••••• L••Oct 16, 2025 · Other
- O••••• N••••• V•••••• from B•••••••• I••••••••• M••••••••• L••Oct 16, 2025 · Other
- J•••• A• S•••••••• from B•••••••• I••••••••• M••••••••• L••Oct 16, 2025 · Other
- J••••••• L•••• M••••• from B•••••••• I••••••••• M••••••••• L••Oct 16, 2025 · Other
- D••••• G• O••••••• from T•• I••••••• C••••••••• L••Jun 20, 2024 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 3 left for B•••••••• I••••••••• M••••••••• L••Dec 31, 2017 · Chicago, Il · Firm absorbed
- 8 joined from B•••••••• I••••••••• M••••••••• L••Oct 16, 2025 · Princeton, Nj
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- C•••• E••• S••••••• G•••••• · Managing Director, Head Of Portfolio Design & Solutions, US Wealth Advisory Businesscontrolsince 05/2024 · owns less than 5%
- D•••••• J•••••• G••••• · Managing Director, Co- Head US Wealth Advisory Businesscontrolsince 05/2024 · owns less than 5%
- M•••• E•••• J••••• · Managing Directorcontrolsince 09/2015 · owns less than 5%
- M••••••• E••••• B•••• · Chief Compliance Officer And Chief Operating Officercontrolsince 08/2016 · owns less than 5%
- D•••••••• D••••• E••••• · Managing Directorsince 11/2017 · owns less than 5%
Entity owners
- W•• H•••••••• L•• · Shareholderdirect · owns 75% or more
- B••••••••• I••• · Ownerindirect · owns 75% or more of T•••••• M•••••• L•• · public reporting company
- T•••••• M•••••• L•• · Ownerindirect · owns 75% or more of W•• H•••••••• L••
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Chicago, Il · principal | 22 | 21 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Chicago, IL10 employees
ADV anomalies
7 against comparable advisers; where to look, not conclusions
- institutional to wealth shiftCombination · filing Mar 31, 2026peers: independent wealth managers, $5B to $20B (289)
- advisor count surgeChange between filings · filing Mar 31, 2026advisory representatives (Item 5.B.3) moved from 8.0 to 16.0 (+100.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +6.0% (220 comparable advisers, 98.0th percentile of changes)peers: independent wealth managers, $5B to $20B (220) · 98% percentile
- client mix shiftChange between filings · filing Mar 31, 2026private-client share of RAUM moved from 24.0% to 85.0% between the annual amendments of 2025-03-31 and 2026-03-31peers: independent wealth managers, $5B to $20B (289)
- control person changedChange between filings · filing Mar 31, 2026C•••• E••• S••••••• G•••••• (MANAGING DIRECTOR, HEAD OF PORTFOLIO DESIGN & SOLUTIONS, US WEALTH ADVISORY BUSINESS) left Schedule A between the filings of 2024-05-17 and 2026-03-31peers: independent wealth managers, $5B to $20B (289)
- HNW share shiftChange between filings · filing Mar 31, 2026HNW share of RAUM moved from 24.0% to 71.0% between the annual amendments of 2025-03-31 and 2026-03-31peers: independent wealth managers, $5B to $20B (289)
- institutional asset share shiftChange between filings · filing Mar 31, 2026institutional share of RAUM moved from 75.0% to 15.0% between the annual amendments of 2025-03-31 and 2026-03-31peers: independent wealth managers, $5B to $20B (289)
- RAUM up 50 %Change between filings · filing Mar 31, 2026RAUM (Item 5.F) moved from $5,979,259,343 to $9,834,015,630 (+64.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +18.0% (271 comparable advisers, 94.0th percentile of changes)peers: independent wealth managers, $5B to $20B (271) · 94% percentile
What changed
consecutive filings, newest first
- Accounts · 3,050 to 4,480Jan 2, 2026 to Mar 31, 2026
- Advisory employees · 36 to 43Jan 2, 2026 to Mar 31, 2026
- BD registered reps · 16 to 12Jan 2, 2026 to Mar 31, 2026
- Charity clients · unset to 9.0Jan 2, 2026 to Mar 31, 2026
- Corporate clients · 1 to 165Jan 2, 2026 to Mar 31, 2026
- HNW clients · 558 to 1,961Jan 2, 2026 to Mar 31, 2026
- Individual clients · unset to 2339.0Jan 2, 2026 to Mar 31, 2026
- Pension plan clients · unset to 4.0Jan 2, 2026 to Mar 31, 2026
- Employees · 50 to 61Jan 2, 2026 to Mar 31, 2026
- Insurance-licensed employees · 8 to 16Jan 2, 2026 to Mar 31, 2026
- State-registered IARs · 8 to 16Jan 2, 2026 to Mar 31, 2026
- Other offices · 2 to 3Jan 2, 2026 to Mar 31, 2026
- Discretionary RAUM · $6.0B to $9.8BJan 2, 2026 to Mar 31, 2026
- HNW RAUM · $1.4B to $7.0BJan 2, 2026 to Mar 31, 2026
- Individual RAUM · unset to 1378494187.0Jan 2, 2026 to Mar 31, 2026
- Pension RAUM · unset to 10038154.0Jan 2, 2026 to Mar 31, 2026
- Pooled vehicle RAUM · $11.4M to $11.6MJan 2, 2026 to Mar 31, 2026
- RAUM · $6.0B to $9.8BJan 2, 2026 to Mar 31, 2026
- Wrap assets (manager) · $799M to $3.8BJan 2, 2026 to Mar 31, 2026
- Other offices · 3 to 2Jul 30, 2025 to Aug 29, 2025
- Financial planning clients · unset to Mar 31, 2025 to Jul 30, 2025
- Accounts · 2,055 to 3,050Dec 20, 2024 to Mar 31, 2025
- Advisory employees · 10 to 36Dec 20, 2024 to Mar 31, 2025
- Advisory activities · 5 to 4Dec 20, 2024 to Mar 31, 2025
- BD registered reps · 0 to 16Dec 20, 2024 to Mar 31, 2025
- HNW clients · 154 to 558Dec 20, 2024 to Mar 31, 2025
- Pooled vehicle clients · 7 to 1Dec 20, 2024 to Mar 31, 2025
- Employees · 38 to 50Dec 20, 2024 to Mar 31, 2025
- Insurance-licensed employees · 0 to 8Dec 20, 2024 to Mar 31, 2025
- State-registered IARs · 0 to 8Dec 20, 2024 to Mar 31, 2025
- Other offices · 1 to 3Dec 20, 2024 to Mar 31, 2025
- Discretionary RAUM · $4.9B to $6.0BDec 20, 2024 to Mar 31, 2025
- HNW RAUM · $583M to $1.4BDec 20, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $47.1M to $11.4MDec 20, 2024 to Mar 31, 2025
- RAUM · $4.9B to $6.0BDec 20, 2024 to Mar 31, 2025
- Wrap assets (manager) · $379M to $799MDec 20, 2024 to Mar 31, 2025
- Other offices · 0 to 1Mar 28, 2024 to May 17, 2024
- Accounts · 1,411 to 2,055Mar 28, 2023 to Mar 28, 2024
- Advisory employees · 9 to 10Mar 28, 2023 to Mar 28, 2024
- Advisory activities · 1 to 5Mar 28, 2023 to Mar 28, 2024
Signals
11 dated events
- S••••••••• A•••••••• L•• reported RAUM $9.8B, up 64% from $6.0B (2026-01-02 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- 7 advisors left B•••••••• I••••••••• M••••••••• L•• (Princeton, NJ) for S••••••••• A•••••••• L•• a day apartOct 16, 2025 · Team lift-out · derived
- Orson George Papa (Managing Member) no longer on Schedule A of S••••••••• A•••••••• L•• (listed 2024-03-28, absent 2024-05-17)May 17, 2024 · Control person left · inference
- George Joseph Devico (Managing Director, Co-Head Us Wealth Advisory Business) appeared on Schedule A of S••••••••• A•••••••• L••May 17, 2024 · Control person joined · fact
- S••••••• G•••••• Eve C••• (Managing Director, Head Of Portfolio Design & Solutions, Us Wealth Advisory Business) appeared on Schedule A of S••••••••• A•••••••• L••May 17, 2024 · Control person joined · fact
- S••••••••• A•••••••• L•• reported RAUM $4.9B, up 61% from $3.0B (2023-03-28 to 2024-03-28)Mar 28, 2024 · RAUM change · derived
- S••••••••• A•••••••• L•• reported RAUM $2.6B, up 52% from $1.7B (2020-10-26 to 2021-03-29)Mar 29, 2021 · RAUM change · derived
- S••••••••• A•••••••• L•• reported RAUM $1.7B, up 35% from $1.3B (2020-06-22 to 2020-10-26)Oct 26, 2020 · RAUM change · derived
- S••••••••• A•••••••• L•• reported RAUM $1.0B, up 61% from $638.3M (2019-03-28 to 2019-08-20)Aug 20, 2019 · RAUM change · derived
- S••••••••• A•••••••• L•• reported RAUM $638.3M, up 163% from $242.5M (2018-03-27 to 2019-03-28)Mar 28, 2019 · RAUM change · derived
- S••••••••• A•••••••• L•• filed its initial SEC registration (Form ADV)Jul 31, 2014 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- S••••••••• A•••••••• L•• · Family Officesshared crd · office
How to reach
public business contact points only, each with its source
- Business phone
- 800-882-0052reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 800-441-7762reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 800-474-2737reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- linkedin.com/company/blackrockreportedpublic record, Form ADV, Sep 18, 2026
- Firm profile
- H•••S://WWW.LINKEDIN.COM/COMPANY/9214832reportedpublic record, Form ADV, Sep 18, 2026
- Website
- blackrock.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- (312) 847-0300reportedpublic record, Form ADV, Mar 31, 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
- $447Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026