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
Fortis Capital Management LLC
Latest filing Apr 29, 2026
First filing on the tape Mar 30, 2018 · 22 filings
SEC status approved since Apr 27, 2018
RAUM
$1.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
85%
$990M individuals and HNW
Advisors
15
registered through the firm on IAPD
RAUM per advisor
$77.4M
derived; firm RAUM over IAPD count
Employees
22
18 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
2
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$1.2B as of Apr 29, 2026
Mar 25, 2019$26.6M then
HNW client RAUM$912M as of Apr 29, 2026
Mar 25, 2019$3.9M then
State-registered IARs (5.B.3)15 as of Apr 29, 2026
Mar 25, 20196 then
Employees (5.A)22 as of Apr 29, 2026
Mar 25, 20196 then
Private funds2 as of Apr 29, 2026
Mar 30, 20201 then
RAUM +60% over the last fiscal year+63% a year over threeIARs 11 to 15offices 0 to 1
Practice profile
derived from the filing of Apr 29, 2026; every figure names its basis
Archetypes, each a printed rule
- RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
- RAUM per advisor
- $77.4MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 44derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.4MderivedHNW RAUM over HNW clients
- Average account
- $1.7MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 2.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 7.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +60%derivedbetween the last two annual amendments
- Advisor growth, one year
- +36%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +92%derived
- Compensation
- percentage of assets, hourly, fixed fees, performance-based, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, publications, educational seminarsreportedItem 5.G
- Custody
- $143M, 2 clientsreportedItem 9.A
- 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)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
- a related person has custody of client cash (9.B.1.a)
- an independent public accountant performs a surprise examination (9.C.1)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$912M79%
- Pooled investment vehicles$143M12%
- Individuals$78.1M6.7%
- Pension and profit-sharing plans$24.4M2.1%
- Charitable organizations$3.3M0.3%
- Individual clients
- 398reported
- HNW clients
- 267reported
- Pension plan clients
- 19reported
- Charitable clients
- 2reported
- Accounts
- 688reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- noreported
- Custody of client assets
- $143M for 2 clientsreported
- Compensation
- % of AUM, fixed, hourly, performancereported
- Class basis
- private_client_share=0.85 fund_share=0.12 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
15 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Michael Robert Boroughs | Bellevue, Wa | Aug 14, 2014 | 12 y | 0 |
| Paul Easa MislehChartered Financial Analyst | Bellevue, Wa | Sep 3, 2014 | 12 y | 0 |
| Corban Addison Parker | Bellevue, Wa | Jun 8, 2016 | 11 y | 0 |
| Arlie James SkurdalCertified Financial Planner | Seattle, Wa | Mar 17, 2017 | 39 y | 2 |
| John Michael HeffelCertified Financial Planner | Bellevue, Wa | Aug 13, 2018 | 11 y | 1 |
| Jordan StoverCertified Financial Planner | Bellevue, Wa | Jan 31, 2021 | 14 y | 2 |
| Grace Teresa Rollins | Bellevue, Wa | Dec 1, 2021 | 10 y | 0 |
| Emme Helene Victoria Osborne | Bellevue, Wa | Mar 31, 2023 | 10 y | 0 |
| W. Curtis Erickson | Bellevue, Wa | Sep 20, 2023 | 26 y | 3 |
| Stanislav Ruslanovich Vorobets | Bellevue, Wa | Mar 13, 2024 | 10 y | 1 |
| Jack Woodin Stiger | Bellevue, Wa | May 20, 2024 | 15 y | 0 |
| Justin A Arnold | Bellevue, Wa | Jan 16, 2025 | 11 y | 3 |
| Laurence Ray DonohueCertified Financial Planner | Bellevue, Wa | Apr 10, 2025 | 10 y | 1 |
| Dieter Udo Drews | Bellevue, Wa | Oct 29, 2025 | 27 y | 2 |
| Dyllan Gregory Krouse | Bellevue, Wa | Nov 5, 2025 | 10 y | 0 |
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 6.7% of current headcount1 left over 36 months
Left, latest
- Connor Scott Black to Range Advisory, LLCAug 19, 2026 · RIA to RIA
- Angel Dejesus Cruz to Cruz Wealth Management, LLCMar 30, 2018 · RIA to a state-registered adviser
Joined, latest
- Dieter Udo Drews from Prism Capital ManagementOct 29, 2025 · Other
- Laurence Ray Donohue from Merrill Lynch, Pierce, Fenner & Smith IncorporatedApr 10, 2025 · Wirehouse to independent RIA
- Justin A Arnold from Merrill Lynch, Pierce, Fenner & Smith IncorporatedJan 16, 2025 · Wirehouse to independent RIA
- Connor Scott Black from Threadline WealthJan 8, 2025 · RIA to RIA
- Stanislav Ruslanovich Vorobets from Equitable Advisors, LLCMar 13, 2024 · Affiliated broker-dealer or bank to independent RIA
- W. Curtis Erickson from Garrett Erickson Financial Services LLCSep 20, 2023 · Other
- Jordan Stover from Td Ameritrade Investment Management, LLCJan 31, 2021 · RIA to RIA
- John Michael Heffel from UBS Financial Services Inc.Aug 13, 2018 · Wirehouse to independent RIA
- Angel Dejesus Cruz from Cruz Registered Investment Advisor, LLCJul 28, 2017 · Other
- Arlie James Skurdal from Senior Financial Advisors, Inc.Mar 17, 2017 · Other
Private funds
3 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Fortis Flagship Fund LP | Hedge Fund | $124M | 19 | Jul 31, 2012 |
| Fortis Enhanced Income Fund LP | $19.5M | 25 | Apr 29, 2026 | |
| Fortis Digital Asset Fund LPno longer reported | Hedge Fund | $1.5M | 18 | Mar 31, 2022 |
Owners and control persons
Schedule A and B, latest filing
- Robert Michael Boroughs · Chief Compliance Officercontrolsince 03/2014 · owns less than 5%
- Easa Paul Misleh · Elected Managercontrolsince 04/2019 · owns less than 5%
- Dickenson James Rudolf · Elected Managercontrolsince 04/2019 · owns less than 5%
- Robert Michael Boroughs · Managing Membercontrolsince 04/2019 · owns F of Fortis Holdings LLC
- Easa Paul Misleh · Managing Membercontrolsince 04/2019 · owns F of Fortis Holdings LLC
- Dickenson James Rudolf · Managing Membercontrolsince 04/2019 · owns F of Fortis Holdings LLC
Entity owners
- Fortis Holdings LLC · Sole Memberdirect · owns 75% or more
Related persons
Schedule D 7.A
- Fortis Accounting Solutions LLCinsurancen
- Fortis Insurance Services LLCreal estaten
- Fortis Mortgage Advisors LLCinvestment companyn
- W Curtis Erickson Ps Incinvestment advisern
Advisers that list Fortis Capital Management LLC as a related person
- 164797 n
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Bellevue, Wa · principal | 14 | 2 | 1 | ||
| Seattle, Wa | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
4 against comparable advisers; where to look, not conclusions
- account count surgeChange between filings · filing Apr 29, 2026accounts (Item 5.F.2.f) moved from 350.0 to 688.0 (+97.0%) between the annual amendments of 2025-03-21 and 2026-04-29; the peer median change was +6.0% (1206 comparable advisers, 95.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,206) · 95% percentile
- client count surgeChange between filings · filing Apr 29, 2026individual and HNW clients (Item 5.D) moved from 346.0 to 665.0 (+92.0%) between the annual amendments of 2025-03-21 and 2026-04-29; the peer median change was +5.0% (1132 comparable advisers, 98.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,132) · 98% percentile
- employee count surgeChange between filings · filing Apr 29, 2026employees (Item 5.A) moved from 12.0 to 22.0 (+83.0%) between the annual amendments of 2025-03-21 and 2026-04-29; the peer median change was +4.0% (1050 comparable advisers, 99.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,050) · 99% percentile
- RAUM up 50 %Change between filings · filing Apr 29, 2026RAUM (Item 5.F) moved from $726,261,882 to $1,161,542,535 (+60.0%) between the annual amendments of 2025-03-21 and 2026-04-29; the peer median change was +17.0% (1297 comparable advisers, 94.0th percentile of changes)peers: independent wealth managers, $1B to $5B (1,297) · 94% percentile
What changed
consecutive filings, newest first
- Accounts · 485 to 688Oct 31, 2025 to Mar 26, 2026
- Advisory employees · 17 to 18Oct 31, 2025 to Mar 26, 2026
- HNW clients · 177 to 267Oct 31, 2025 to Mar 26, 2026
- Individual clients · 296 to 398Oct 31, 2025 to Mar 26, 2026
- Pension plan clients · 12 to 19Oct 31, 2025 to Mar 26, 2026
- Assets in custody · $84.7M to $143MOct 31, 2025 to Mar 26, 2026
- Employees · 20 to 22Oct 31, 2025 to Mar 26, 2026
- State-registered IARs · 14 to 15Oct 31, 2025 to Mar 26, 2026
- Discretionary RAUM · $755M to $1.2BOct 31, 2025 to Mar 26, 2026
- HNW RAUM · $602M to $912MOct 31, 2025 to Mar 26, 2026
- Individual RAUM · $69.6M to $78.1MOct 31, 2025 to Mar 26, 2026
- Non-discretionary RAUM · $21.3M to $3.0MOct 31, 2025 to Mar 26, 2026
- Pension RAUM · $16.9M to $24.4MOct 31, 2025 to Mar 26, 2026
- Pooled vehicle RAUM · $84.7M to $143MOct 31, 2025 to Mar 26, 2026
- RAUM · $776M to $1.2BOct 31, 2025 to Mar 26, 2026
- Accounts · 350 to 485Mar 21, 2025 to Oct 31, 2025
- Advisory employees · 11 to 17Mar 21, 2025 to Oct 31, 2025
- HNW clients · 165 to 177Mar 21, 2025 to Oct 31, 2025
- Individual clients · 181 to 296Mar 21, 2025 to Oct 31, 2025
- Pension plan clients · unset to 12.0Mar 21, 2025 to Oct 31, 2025
- Employees · 12 to 20Mar 21, 2025 to Oct 31, 2025
- State-registered IARs · 11 to 14Mar 21, 2025 to Oct 31, 2025
- Other offices · 0 to 1Mar 21, 2025 to Oct 31, 2025
- Discretionary RAUM · $722M to $755MMar 21, 2025 to Oct 31, 2025
- HNW RAUM · $581M to $602MMar 21, 2025 to Oct 31, 2025
- Individual RAUM · $58.0M to $69.6MMar 21, 2025 to Oct 31, 2025
- Non-discretionary RAUM · $4.4M to $21.3MMar 21, 2025 to Oct 31, 2025
- Pension RAUM · unset to 16879293.0Mar 21, 2025 to Oct 31, 2025
- RAUM · $726M to $776MMar 21, 2025 to Oct 31, 2025
- Accounts · 219 to 350Dec 3, 2024 to Mar 21, 2025
- Advisory employees · 9 to 11Dec 3, 2024 to Mar 21, 2025
- HNW clients · 104 to 165Dec 3, 2024 to Mar 21, 2025
- Individual clients · 112 to 181Dec 3, 2024 to Mar 21, 2025
- Pooled vehicle clients · 1 to 2Dec 3, 2024 to Mar 21, 2025
- Assets in custody · $78.1M to $84.7MDec 3, 2024 to Mar 21, 2025
- Employees · 9 to 12Dec 3, 2024 to Mar 21, 2025
- Financial planning clients · 101-250 to 251-500Dec 3, 2024 to Mar 21, 2025
- State-registered IARs · 8 to 11Dec 3, 2024 to Mar 21, 2025
- Private funds · 1 to 2Dec 3, 2024 to Mar 21, 2025
- Discretionary RAUM · $494M to $722MDec 3, 2024 to Mar 21, 2025
Signals
5 dated events
- Connor Scott Black left Fortis Capital Management Llc for Range Advisory, Llc (registered 2026-08-14)Aug 19, 2026 · Advisor changed firm · fact
- Fortis Capital Management Llc reported RAUM $1.2B, up 50% from $775.9M (2025-10-31 to 2026-03-26)Mar 26, 2026 · RAUM change · derived
- Fortis Capital Management Llc reported RAUM $726.3M, up 46% from $496.9M (2024-12-03 to 2025-03-21)Mar 21, 2025 · RAUM change · derived
- Fortis Capital Management Llc reported RAUM $436.0M, up 62% from $269.9M (2023-03-31 to 2023-08-03)Aug 3, 2023 · RAUM change · derived
- Fortis Capital Management Llc filed its initial SEC registration (Form ADV)Mar 30, 2018 · 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 email
- info@prismadvisor.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 360-419-6063reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/fortisfinancialgroupreportedpublic record, Form ADV, Sep 17, 2026
- Website
- prismadvisor.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 425-453-5010reportedpublic record, Form ADV, Apr 29, 2026
- Contact form
- prismadvisor.com/contact-usreportedpublished by the firm, firm site, Sep 16, 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
- $77.4Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026