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.

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Former SEC-registered adviser

S•••••••• W••••• P•••••••

Former SEC-registered adviserDeerfield, IllinoisCRD 174052SEC 801-80683IAPD
Legal name S•••••••• W••••• P••••••• G••••• L••
Latest filing Apr 26, 2024
First filing on the tape Nov 26, 2014 · 51 filings
RAUM
$3.5B
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
97%
$3.4B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
45
22 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
51 filings and snapshots on the tape
RAUM$3.5B as of Mar 27, 2024
Feb 18, 2015$1.4B then
HNW client RAUM$3.2B as of Mar 27, 2024
Feb 22, 2018$1.9B then
State-registered IARs (5.B.3)22 as of Mar 27, 2024
Feb 18, 201510 then
Employees (5.A)45 as of Mar 27, 2024
Feb 18, 201515 then
Private funds1 as of Mar 31, 2021
Mar 29, 20171 then
RAUM +15% over the last fiscal year+11% a year over threeIARs 20 to 22
Practice profile
derived from the filing of Apr 26, 2024; every figure names its basis
RAUM per advisor
$158MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
49derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.4MderivedHNW RAUM over HNW clients
Average account
$576,219derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
1.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
11.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
+10%derivedItem 5.B.3 between annual amendments
Client growth, one year
+10%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, otherreportedItem 5.G
Custody
$2.4B, 960 clientsreportedItem 9.A
Ownership
a PE fund or sponsor is a 25 percent or greater owner 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)
  • 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)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$3.2B91%
  • Individuals$187M5.4%
  • Corporations and businesses$47.6M1.4%
  • Charitable organizations$43.4M1.2%
  • Pension and profit-sharing plans$24.1M0.7%
Individual clients
490reported
HNW clients
586reported
Pension plan clients
16reported
Charitable clients
5reported
Accounts
6,045reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$2.4B for 960 clientsreported
Compensation
% of AUM, fixed, hourlyreported
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
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
S•• S•••••••• I••••• L••no longer reportedOther Private Fund$13.2M53Mar 29, 2017
Owners and control persons
Schedule A and B, latest filing
  • C•••••••• D••••• J•••• · Chief Investment Officercontrol
    since 11/2014 · owns less than 5%
  • P••••• L••••••• M• · Chief O•••••••• Officercontrol
    since 11/2022 · owns less than 5%
  • P••••• N•••• H••••• · Chief Financial Officercontrol
    since 11/2014 · owns less than 5%
  • B••••••••• T•••• E• · Chief Compliance Officer
    since 11/2022 · owns less than 5%
Entity owners
  • F•••• O••••••••• L•• · Member (Manager)
    direct · owns 75% or more
  • C••• A••••••••• X••• L••• · General Partner
    indirect · owns F of C••• F•••••••• C••••••••• L•••
  • C••• A••••••••• X••• L••• · General Partner
    indirect · owns F of C••••••• D••••••• • R••• F••• X••• L•••
  • C••• F•••••••• C••••••••• L••• · Partner
    indirect · owns 25% to 50% of C••• F•••••••• H•••••••• L•••
  • C••• F•••••••• H•••••••• L••• · Partner
    indirect · owns 50% to 75% of F•••••••• F•• U••••••• H•••••••• L•
  • C••• I••••••••• A••••••••• X••• L••• · General Partner
    indirect · owns F of C••• F•••••••• H•••••••• L•••
  • C••••••• D••••••• • R••• F••• X••• L••• · Partner
    indirect · owns 50% to 75% of C••• F•••••••• H•••••••• L•••
  • F•••••••• F•• A••••••••• L•• · Shareholder, Class A Common Stock
    indirect · owns 75% or more of F•••• F•••••••• P••••••• I•••
  • F•••••••• F•• I••••••••• H•••••••• L•• · Member
    indirect · owns 75% or more of F•••••••• F•• A••••••••• L••
  • F•••••••• F•• P•••••• I•• · Member
    indirect · owns 75% or more of F•••••••• F•• I••••••••• H•••••••• L••
  • F•••••••• F•• U••••••• H•••••••• L• · Shareholder
    indirect · owns 75% or more of F•••••••• F•• P•••••• I••
  • F•••••••• F•• U••••••• H•••••••• L• · Shareholder, Class B Common Stock
    indirect · owns 75% or more of F•••• F•••••••• P••••••• I•••
  • F•••• F•••••••• P••••••• I••• · Member
    indirect · owns 75% or more of F•••• F•••••••• P•••••••• L••
  • F•••• F•••••••• P•••••••• L•• · Member
    indirect · owns 75% or more of F•••• O••••••••• L••
Related persons
Schedule D 7.A
Advisers that list S•••••••• W••••• P••••••• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Deerfield, Il · principal000
Offices
Schedule D 1.F, the 25 largest
  • Milwaukee, WI3 employees
What changed
consecutive filings, newest first
  • Accounts · 4,459 to 6,045
    Nov 21, 2023 to Mar 27, 2024
  • Advisory employees · 21 to 22
    Nov 21, 2023 to Mar 27, 2024
  • Charity clients · 6 to 5
    Nov 21, 2023 to Mar 27, 2024
  • Corporate clients · 8 to 9
    Nov 21, 2023 to Mar 27, 2024
  • HNW clients · 539 to 586
    Nov 21, 2023 to Mar 27, 2024
  • Individual clients · 437 to 490
    Nov 21, 2023 to Mar 27, 2024
  • Assets in custody · $2.0B to $2.4B
    Nov 21, 2023 to Mar 27, 2024
  • Employees · 44 to 45
    Nov 21, 2023 to Mar 27, 2024
  • State-registered IARs · 21 to 22
    Nov 21, 2023 to Mar 27, 2024
  • Discretionary RAUM · $3.0B to $3.4B
    Nov 21, 2023 to Mar 27, 2024
  • HNW RAUM · $2.7B to $3.2B
    Nov 21, 2023 to Mar 27, 2024
  • Individual RAUM · $184M to $187M
    Nov 21, 2023 to Mar 27, 2024
  • Non-discretionary RAUM · $46.7M to $45.9M
    Nov 21, 2023 to Mar 27, 2024
  • Pension RAUM · $21.3M to $24.1M
    Nov 21, 2023 to Mar 27, 2024
  • RAUM · $3.0B to $3.5B
    Nov 21, 2023 to Mar 27, 2024
  • Advisory employees · 20 to 21
    Mar 31, 2023 to Sep 26, 2023
  • Employees · 40 to 44
    Mar 31, 2023 to Sep 26, 2023
  • State-registered IARs · 20 to 21
    Mar 31, 2023 to Sep 26, 2023
  • Accounts · 3,968 to 4,459
    Nov 16, 2022 to Mar 31, 2023
  • Advisory employees · 18 to 20
    Nov 16, 2022 to Mar 31, 2023
  • Advisory activities · 8 to 6
    Nov 16, 2022 to Mar 31, 2023
  • Corporate clients · 9 to 8
    Nov 16, 2022 to Mar 31, 2023
  • HNW clients · 503 to 539
    Nov 16, 2022 to Mar 31, 2023
  • Individual clients · 423 to 437
    Nov 16, 2022 to Mar 31, 2023
  • Pension plan clients · 20 to 16
    Nov 16, 2022 to Mar 31, 2023
  • Assets in custody · $1.9B to $2.0B
    Nov 16, 2022 to Mar 31, 2023
  • Employees · 35 to 40
    Nov 16, 2022 to Mar 31, 2023
  • State-registered IARs · 18 to 20
    Nov 16, 2022 to Mar 31, 2023
  • Discretionary RAUM · $2.8B to $3.0B
    Nov 16, 2022 to Mar 31, 2023
  • HNW RAUM · $2.5B to $2.7B
    Nov 16, 2022 to Mar 31, 2023
  • Individual RAUM · $163M to $184M
    Nov 16, 2022 to Mar 31, 2023
  • Non-discretionary RAUM · $18.2M to $46.7M
    Nov 16, 2022 to Mar 31, 2023
  • Pension RAUM · $37.9M to $21.3M
    Nov 16, 2022 to Mar 31, 2023
  • RAUM · $2.8B to $3.0B
    Nov 16, 2022 to Mar 31, 2023
  • Accounts · 3,933 to 3,968
    Feb 2, 2022 to Mar 31, 2022
  • Advisory employees · 19 to 18
    Feb 2, 2022 to Mar 31, 2022
  • Advisory activities · 7 to 8
    Feb 2, 2022 to Mar 31, 2022
  • Charity clients · unset to 6.0
    Feb 2, 2022 to Mar 31, 2022
  • Corporate clients · 11 to 9
    Feb 2, 2022 to Mar 31, 2022
  • HNW clients · 541 to 503
    Feb 2, 2022 to Mar 31, 2022
Signals
33 dated events
  • S•••••••• W••••• P•••••••'s advisors moved to N••••••••• A•••• M••••••••• L•• (Deerfield, IL): 22 of 22 registered, on the same day
    May 6, 2024 · Firm absorbed (people side) · derived
  • M•••••• T•••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • A••• R•••••• S••••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • M••••• P• N••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • B••••••• J•••• B••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • T••••• L•• B••••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • R•••• R•••••• R•••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • A••••• D•••• C••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • D•••• J•••• C••••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • C••• G•••• R•••••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • M•••••• S• K••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • A••••• E•••••••• S•••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • M•••••• M•••• G••••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • E••• R••••• O•••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-08-12)
    May 6, 2024 · Advisor changed firm · fact
  • A••••• T••••••• D•••••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • M•••••• S••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • V•••••• T•••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • N••• H••••• P•••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • K•••••• D•••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-08-09)
    May 6, 2024 · Advisor changed firm · fact
  • J••••• K•••••• T••••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • M•••••• A•••••••• C•• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • A••• J••••••• P•••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-03)
    May 6, 2024 · Advisor changed firm · fact
  • K••••••• D••••••••• left S•••••••• W••••• P••••••• for N••••••••• A•••• M••••••••• L•• (registered 2024-05-14)
    May 6, 2024 · Advisor changed firm · fact
  • M L•••••• P•••• (Chief Operating Officer) appeared on Schedule A of S•••••••• W••••• P•••••••
    Mar 31, 2023 · Control person joined · fact
  • Elizabeth Jessica Pickens (Chief Operating Officer/Chief Compliance Officer) no longer on Schedule A of S•••••••• W••••• P••••••• (listed 2022-11-16, absent 2023-03-31)
    Mar 31, 2023 · Control person left · inference
  • J••• K•• left S•••••••• W••••• P••••••• for H•••••••• W••••• M••••••••• (registered 2022-05-18)
    Apr 11, 2022 · Advisor changed firm · fact
  • K••• R••••• H•••••••• left S•••••••• W••••• P••••••• for J•• F•••••••• G•••• L•• (registered 2022-03-21)
    Apr 11, 2022 · Advisor changed firm · fact
  • Elizabeth Jessica Pickens (Chief Operating Officer) appeared on Schedule A of S•••••••• W••••• P•••••••
    Mar 31, 2022 · Control person joined · fact
  • Ellen Moira Fahey-Ullrich (Chief Compliance Officer And Chief Solutions Officer) no longer on Schedule A of S•••••••• W••••• P••••••• (listed 2020-12-23, absent 2021-01-15)
    Jan 15, 2021 · Control person left · inference
  • S•••••••• W••••• P••••••• reported RAUM $2.7B, up 29% from $2.1B (2019-11-13 to 2020-03-30)
    Mar 30, 2020 · RAUM change · derived
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