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
Aton Financial LLC
Latest filing Jul 1, 2026
First filing on the tape Mar 23, 2018 · 28 filings
SEC status approved since Apr 10, 2018
RAUM
$601M
reported, Item 5.F
Discretionary
62%
of RAUM
Private clients
64%
$385M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$85.8M
derived; firm RAUM over IAPD count
Employees
9
7 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
5
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$601M as of Jul 1, 2026
Mar 17, 2019$216M then
HNW client RAUM$343M as of Jul 1, 2026
Mar 17, 2019$130M then
State-registered IARs (5.B.3)7 as of Jul 1, 2026
Mar 17, 20195 then
Employees (5.A)9 as of Jul 1, 2026
Mar 17, 20198 then
Private funds5 as of Jul 1, 2026
Mar 23, 20222 then
RAUM +28% over the last fiscal year+25% a year over threeIARs 7 to 7offices 0 to 2
Practice profile
derived from the filing of Jul 1, 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
- RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
- 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
- $85.8MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 36derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.0MderivedHNW RAUM over HNW clients
- Average account
- $1.4MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 62%derivedof RAUM
- Institutional
- 1.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 2.3derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +28%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +4.5%derived
- Compensation
- percentage of assets, hourly, fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $16.0M, 1 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
- is an insurance broker or agent (6.A.6)
- 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)
- 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$343M57%
- Pooled investment vehicles$172M29%
- Individuals$42.5M7.1%
- Corporations and businesses$33.8M5.6%
- Pension and profit-sharing plans$7.1M1.2%
- Charitable organizations$2.3M0.4%
- Individual clients
- 169reported
- HNW clients
- 85reported
- Pension plan clients
- 6reported
- Charitable clients
- n/areported
- Accounts
- 422reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- $16.0M for 1 clientsreported
- Compensation
- % of AUM, fixed, hourly, performancereported
- Class basis
- private_client_share=0.64 fund_share=0.29 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Marko Andres Rendic | San Juan, Pr | Feb 20, 2015 | 18 y | 1 |
| Eduardo Javier Cases Gallardo | San Juan, Pr | Mar 29, 2017 | 21 y | 0 |
| Christopher Thomas Mcdowall | San Juan, Pr | Mar 21, 2018 | 30 y | 0 |
| Carmen Georgina Trigo Suarez | San Juan, Pr | May 18, 2018 | 28 y | 1 |
| Nelson A Cintron RodriguezChartered Financial Consultant | San Juan, Pr | Sep 26, 2018 | 18 y | 0 |
| Andres L. Arsuaga-De Los Reyes | San Juan, Pr | Oct 4, 2019 | 16 y | 0 |
| Javier Jose De Zengotita | San Juan, Pr | Oct 29, 2019 | 12 y | 1 |
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
none on the tape
Joined, latest
- Javier Jose De Zengotita from Kovack Advisors, Inc.Oct 29, 2019 · Affiliated broker-dealer or bank to independent RIA
- Carmen Georgina Trigo Suarez from Santander SecuritiesMay 18, 2018 · Other
- Marko Andres Rendic from Santander SecuritiesFeb 20, 2015 · Other
Private funds
4 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Gm Group Fund II LLC | Private Equity Fund | $10.0M | 3 | Jul 12, 2021 |
| Joma Fund LLC | Private Equity Fund | $6.0M | 1 | Jul 12, 2021 |
| Power Fund LLC | Private Equity Fund | $3.8M | 1 | Jul 13, 2023 |
| Gm Group Fund LLCno longer reported | Private Equity Fund | $2.0M | 3 | Jul 12, 2021 |
Owners and control persons
Schedule A and B, latest filing
- Andres Marko Rendic · Managing Member And Ccocontrolsince 08/2014 · owns 50% to 75%
- Nmn Dionisio Trigo · Investorcontrolsince 03/2015 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| San Juan, Pr · principal | 7 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- institutional asset share shiftChange between filings · filing Mar 31, 2026institutional share of RAUM moved from 27.0% to 7.0% between the annual amendments of 2025-03-25 and 2026-03-31peers: independent wealth managers, $500M to $1B (1,483)
What changed
consecutive filings, newest first
- Accounts · 398 to 422Sep 4, 2025 to Mar 31, 2026
- Corporate clients · 17 to 9Sep 4, 2025 to Mar 31, 2026
- HNW clients · 89 to 85Sep 4, 2025 to Mar 31, 2026
- Individual clients · 154 to 169Sep 4, 2025 to Mar 31, 2026
- Pension plan clients · unset to 6.0Sep 4, 2025 to Mar 31, 2026
- Pooled vehicle clients · unset to 5.0Sep 4, 2025 to Mar 31, 2026
- Assets in custody · $3.5M to $16.0MSep 4, 2025 to Mar 31, 2026
- Discretionary RAUM · $324M to $371MSep 4, 2025 to Mar 31, 2026
- HNW RAUM · $307M to $343MSep 4, 2025 to Mar 31, 2026
- Individual RAUM · $33.9M to $42.5MSep 4, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $145M to $230MSep 4, 2025 to Mar 31, 2026
- Pension RAUM · unset to 7115000.0Sep 4, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · unset to 172342614.0Sep 4, 2025 to Mar 31, 2026
- RAUM · $469M to $601MSep 4, 2025 to Mar 31, 2026
- Other offices · 0 to 2Mar 25, 2025 to Sep 4, 2025
- Accounts · 378 to 398May 24, 2024 to Mar 25, 2025
- Corporate clients · 15 to 17May 24, 2024 to Mar 25, 2025
- HNW clients · 80 to 89May 24, 2024 to Mar 25, 2025
- Individual clients · 131 to 154May 24, 2024 to Mar 25, 2025
- Assets in custody · unset to 3500000.0May 24, 2024 to Mar 25, 2025
- Custody of client assets · false to trueMay 24, 2024 to Mar 25, 2025
- Financial planning clients · 1-10 to 1-10May 24, 2024 to Mar 25, 2025
- Private funds · 3 to 5May 24, 2024 to Mar 25, 2025
- Discretionary RAUM · $297M to $324MMay 24, 2024 to Mar 25, 2025
- HNW RAUM · $294M to $307MMay 24, 2024 to Mar 25, 2025
- Individual RAUM · $26.1M to $33.9MMay 24, 2024 to Mar 25, 2025
- Non-discretionary RAUM · $132M to $145MMay 24, 2024 to Mar 25, 2025
- RAUM · $429M to $469MMay 24, 2024 to Mar 25, 2025
- Accounts · 337 to 378Jul 13, 2023 to Mar 20, 2024
- Corporate clients · 9 to 15Jul 13, 2023 to Mar 20, 2024
- HNW clients · 712 to 80Jul 13, 2023 to Mar 20, 2024
- Individual clients · 128 to 131Jul 13, 2023 to Mar 20, 2024
- Discretionary RAUM · $235M to $297MJul 13, 2023 to Mar 20, 2024
- HNW RAUM · $251M to $294MJul 13, 2023 to Mar 20, 2024
- Individual RAUM · $19.5M to $26.1MJul 13, 2023 to Mar 20, 2024
- Non-discretionary RAUM · $76.3M to $132MJul 13, 2023 to Mar 20, 2024
- RAUM · $311M to $429MJul 13, 2023 to Mar 20, 2024
- Private funds · 2 to 3Mar 15, 2023 to Jul 13, 2023
- Accounts · 322 to 337Mar 23, 2022 to Mar 15, 2023
- HNW clients · 80 to 712Mar 23, 2022 to Mar 15, 2023
Signals
3 dated events
- Aton Financial Llc reported RAUM $600.9M, up 28% from $469.1M (2025-09-04 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- Aton Financial Llc reported RAUM $428.9M, up 38% from $311.4M (2023-07-13 to 2024-03-20)Mar 20, 2024 · RAUM change · derived
- Aton Financial Llc filed its initial SEC registration (Form ADV)Mar 23, 2018 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Aton Financial LLC · Independent Sponsorsshared crd · capital_provider
- Aton Financial LLC · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Business email
- info@atonfinancial.comreportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 787-725-6070reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 787-753-2536reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- ATONFINANCIAL.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 787-725-6070reportedpublic record, Form ADV, Jul 1, 2026
- Contact form
- atonfinancial.com/contactreportedpublished by the firm, firm site, Sep 17, 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
- $85.8Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026