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
Flexpath Strategies
Legal name Flexpath Strategies LLC
Latest filing Jun 26, 2026
First filing on the tape Jan 23, 2015 · 43 filings
SEC status approved since Feb 13, 2015
RAUM
$2.9B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$971M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
43 filings and snapshots on the tape
RAUM$2.9B as of Jun 26, 2026
Mar 7, 2016$850M then
HNW client RAUM$0 as of Sep 18, 2025
Mar 22, 2018$0 then
State-registered IARs (5.B.3)3 as of Jun 26, 2026
Mar 7, 20167 then
Employees (5.A)5 as of Jun 26, 2026
Mar 7, 20167 then
Private funds: no history
RAUM -96% over the last fiscal year-58% a year over threeIARs 11 to 3offices 0 to 1
Practice profile
derived from the filing of Jun 26, 2026; every figure names its basis
Archetypes, each a printed rule
- PE backed · a Schedule A entity owner at 25 percent or more whose exact legal name is a PE fund vehicle or a classified PE sponsor on the DFX private equity graph
- RAUM per advisor
- $971MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $3.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.7derivedItem 5.A over advisors
- Advisors per office
- 1.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- -96%derivedbetween the last two annual amendments
- Advisor growth, one year
- -73%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- pension consulting, selection of other advisers, otherreportedItem 5.G
- 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
- has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Corporations and businesses$2.9B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 741reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Lauren Neeno | Aliso Viejo, Ca | Apr 1, 2022 | 12 y | 0 |
| Brian Allen RobertsChartered Financial Analyst | Aliso Viejo, Ca | Nov 10, 2022 | 39 y | 3 |
| Jeffrey Scott ElvanderChartered Financial Analyst | Aliso Viejo, Ca | Apr 14, 2026 | 21 y | 1 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Brett Evert N Nilsson to Creative PlanningJul 26, 2023 · Other
Joined, latest
- Jeffrey Scott Elvander from Wealthspire Retirement AdvisoryApr 14, 2026 · Other
- Brian Allen Roberts from Wealthspire Retirement AdvisoryNov 10, 2022 · Other
- Brett Evert N Nilsson from Wealthspire Retirement AdvisoryJan 10, 2022 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Ann Jami Chapman · Chief Operating Officercontrolsince 12/2014 · owns less than 5%
- Dominic Nicholas Dellavedova · Presidentcontrolsince 12/2014 · owns 10% to 25%
- Scott Jeffrey Elvander · Svp, Chief Investment Officercontrolsince 12/2014 · owns less than 5%
- Joseph Vincent Giovinazzo · Ceocontrolsince 12/2024 · owns 25% to 50%
- (Nmn) Monique Schulman · Chief Compliance Officercontrolsince 02/2024 · owns less than 5%
Entity owners
- Cub Fp Parent, LLC · Ownerdirect · owns 25% to 50%
- Cub Financing Intermediate, LLC · Managing Memberindirect · owns 75% or more of Great Gray Group, LLC
- Cub Holdco, LLC · Managing Memberindirect · owns 75% or more of Cub Intermediate Holdco, LLC
- Cub Intermediate Holdco, LLC · Managing Memberindirect · owns 75% or more of Cub Financing Intermediate, LLC
- Great Gray Group, LLC · Managing Memberindirect · owns 75% or more of Cub Fp Parent, LLC
- Madison Dearborn Capital Partners Viii-B, L.P. · Memberindirect · owns 50% to 75% of Cub Holdco, LLC
- Madison Dearborn Capital Partners Viii-C, L.P. · Shareholderindirect · owns 75% or more of Mdcp Viii-C Cub Blocker, Inc.
- Madison Dearborn Partners · General Partnerindirect · owns F of Madison Dearborn Partners Viii-A&C, L.P.
- Madison Dearborn Partners Viii-A&C, L.P. · General Partnerindirect · owns F of Madison Dearborn Capital Partners Viii-C, L.P.
- Madison Dearborn Partners Viii-B, L.P. · General Partnerindirect · owns F of Madison Dearborn Capital Partners Viii-B, L.P.
- Mdcp Viii-C Cub Blocker, Inc. · Limited Partnerindirect · owns 75% or more of Mdcp Viii-C Cub Splitter, L.P.
- Mdcp Viii-C Cub Splitter, L.P. · Memberindirect · owns 25% to 50% of Cub Holdco, LLC
- Other Investor Flexpath Blocker LLC · Ownerdirect · owns 5% to 10%
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Aliso Viejo, Ca · principal | 3 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
5 against comparable advisers; where to look, not conclusions
- advisor count dropChange between filings · filing Feb 6, 2026advisory representatives (Item 5.B.3) moved from 11.0 to 3.0 (-73.0%) between the annual amendments of 2025-03-17 and 2026-02-06; the peer median change was 0.0% (44 comparable advisers, 5.0th percentile of changes)peers: other advisers, $1B to $5B (44) · 4.7% percentile
- discretionary share shiftChange between filings · filing Feb 6, 2026discretionary share of RAUM moved from 4.0% to 100.0% between the annual amendments of 2025-03-17 and 2026-02-06peers: other advisers, $1B to $5B (247)
- employee count dropChange between filings · filing Feb 6, 2026employees (Item 5.A) moved from 28.0 to 5.0 (-82.0%) between the annual amendments of 2025-03-17 and 2026-02-06; the peer median change was 0.0% (152 comparable advisers, 1.0th percentile of changes)peers: other advisers, $1B to $5B (152) · 0.7% percentile
- institutional asset share shiftChange between filings · filing Feb 6, 2026institutional share of RAUM moved from 4.0% to 100.0% between the annual amendments of 2025-03-17 and 2026-02-06peers: other advisers, $1B to $5B (247)
- RAUM down 50 %Change between filings · filing Feb 6, 2026RAUM (Item 5.F) moved from $79,850,427,347 to $2,913,734,672 (-96.0%) between the annual amendments of 2025-03-17 and 2026-02-06; the peer median change was +11.0% (231 comparable advisers, 0.0th percentile of changes)peers: other advisers, $1B to $5B (231) · 0.0% percentile
What changed
consecutive filings, newest first
- Accounts · 740 to 741Dec 1, 2025 to Feb 6, 2026
- Advisory employees · 5 to 3Dec 1, 2025 to Feb 6, 2026
- Advisory activities · 1 to 3Dec 1, 2025 to Feb 6, 2026
- Corporate clients · unset to 741.0Dec 1, 2025 to Feb 6, 2026
- Pension plan clients · 740.0 to unsetDec 1, 2025 to Feb 6, 2026
- Discretionary RAUM · $2.7B to $2.9BDec 1, 2025 to Feb 6, 2026
- Pension RAUM · 2700000000.0 to unsetDec 1, 2025 to Feb 6, 2026
- RAUM · $2.7B to $2.9BDec 1, 2025 to Feb 6, 2026
- Accounts · 905 to 740Sep 18, 2025 to Dec 1, 2025
- Advisory employees · 12 to 5Sep 18, 2025 to Dec 1, 2025
- Advisory activities · 2 to 1Sep 18, 2025 to Dec 1, 2025
- Pension plan clients · 904 to 740Sep 18, 2025 to Dec 1, 2025
- Pooled vehicle clients · 1.0 to unsetSep 18, 2025 to Dec 1, 2025
- Employees · 28 to 5Sep 18, 2025 to Dec 1, 2025
- State-registered IARs · 11 to 3Sep 18, 2025 to Dec 1, 2025
- Other offices · 3 to 1Sep 18, 2025 to Dec 1, 2025
- Discretionary RAUM · $2.9B to $2.7BSep 18, 2025 to Dec 1, 2025
- HNW RAUM · 0.0 to unsetSep 18, 2025 to Dec 1, 2025
- Individual RAUM · 0.0 to unsetSep 18, 2025 to Dec 1, 2025
- Non-discretionary RAUM · $77B to $0Sep 18, 2025 to Dec 1, 2025
- Pension RAUM · $2.9B to $2.7BSep 18, 2025 to Dec 1, 2025
- Pooled vehicle RAUM · 76951612179.0 to unsetSep 18, 2025 to Dec 1, 2025
- RAUM · $80B to $2.7BSep 18, 2025 to Dec 1, 2025
- Other offices · 0 to 3Jun 5, 2025 to Sep 18, 2025
- Financial planning clients · unset to May 9, 2025 to Jun 5, 2025
- Accounts · 902 to 905Nov 7, 2024 to Mar 17, 2025
- Advisory employees · 13 to 12Nov 7, 2024 to Mar 17, 2025
- Pension plan clients · 901 to 904Nov 7, 2024 to Mar 17, 2025
- Employees · 25 to 28Nov 7, 2024 to Mar 17, 2025
- Financial planning clients · 0 to unsetNov 7, 2024 to Mar 17, 2025
- State-registered IARs · 9 to 11Nov 7, 2024 to Mar 17, 2025
- Discretionary RAUM · $66B to $2.9BNov 7, 2024 to Mar 17, 2025
- Non-discretionary RAUM · $0 to $77BNov 7, 2024 to Mar 17, 2025
- Pension RAUM · $2.0B to $2.9BNov 7, 2024 to Mar 17, 2025
- Pooled vehicle RAUM · $64B to $77BNov 7, 2024 to Mar 17, 2025
- RAUM · $66B to $80BNov 7, 2024 to Mar 17, 2025
- Accounts · 955 to 902Mar 22, 2024 to Jun 14, 2024
- Pension plan clients · 755 to 901Mar 22, 2024 to Jun 14, 2024
- Pooled vehicle clients · 200 to 1Mar 22, 2024 to Jun 14, 2024
- Discretionary RAUM · $54B to $66BMar 22, 2024 to Jun 14, 2024
Signals
24 dated events
- Flexpath Strategies reported RAUM $2.7B, down 97% from $79.9B (2025-09-18 to 2025-12-01)Dec 1, 2025 · RAUM change · derived
- Joseph Vincent Giovinazzo (Ceo) appeared on Schedule A of Flexpath StrategiesSep 26, 2024 · Control person joined · fact
- Dominic Nicholas Dellavedova (President) appeared on Schedule A of Flexpath StrategiesSep 26, 2024 · Control person joined · fact
- Ann Jami Chapman (Chief Operating Officer) appeared on Schedule A of Flexpath StrategiesSep 26, 2024 · Control person joined · fact
- Scott Jeffrey Elvander (Svp, Chief Investment Officer) appeared on Schedule A of Flexpath StrategiesSep 26, 2024 · Control person joined · fact
- Joseph Vincent Giovinazzo (Ceo) no longer on Schedule A of Flexpath Strategies (listed 2024-09-24, absent 2024-09-24)Sep 24, 2024 · Control person left · inference
- Dominic Nicholas Dellavedova (President) no longer on Schedule A of Flexpath Strategies (listed 2024-09-24, absent 2024-09-24)Sep 24, 2024 · Control person left · inference
- Ann Jami Chapman (Chief Operating Officer) no longer on Schedule A of Flexpath Strategies (listed 2024-09-24, absent 2024-09-24)Sep 24, 2024 · Control person left · inference
- Scott Jeffrey Elvander (Svp, Chief Investment Officer) no longer on Schedule A of Flexpath Strategies (listed 2024-09-24, absent 2024-09-24)Sep 24, 2024 · Control person left · inference
- Flexpath Strategies reported RAUM $54.2B, up 37% from $39.5B (2024-02-15 to 2024-03-22)Mar 22, 2024 · RAUM change · derived
- (Nmn) Monique Schulman (Chief Compliance Officer) appeared on Schedule A of Flexpath StrategiesFeb 15, 2024 · Control person joined · fact
- Scott Jeffrey Cannizzaro (Chief Compliance Officer) no longer on Schedule A of Flexpath Strategies (listed 2024-01-04, absent 2024-02-15)Feb 15, 2024 · Control person left · inference
- Scott Jeffrey Cannizzaro (Chief Compliance Officer) appeared on Schedule A of Flexpath StrategiesSep 8, 2023 · Control person joined · fact
- Barry Joel Shapiro (Senior Vice President) no longer on Schedule A of Flexpath Strategies (listed 2023-03-31, absent 2023-08-16)Aug 16, 2023 · Control person left · inference
- Alan Blake Bjordahl (Chief Compliance Officer) no longer on Schedule A of Flexpath Strategies (listed 2023-03-31, absent 2023-08-16)Aug 16, 2023 · Control person left · inference
- Brett Evert N Nilsson left Flexpath Strategies for Creative Planning (registered 2023-07-24)Jul 26, 2023 · Advisor changed firm · fact
- Flexpath Strategies reported RAUM $36.2B, up 56% from $23.2B (2021-03-29 to 2022-03-30)Mar 30, 2022 · RAUM change · derived
- Flexpath Strategies reported RAUM $23.2B, up 61% from $14.4B (2020-03-30 to 2021-03-29)Mar 29, 2021 · RAUM change · derived
- Flexpath Strategies reported RAUM $14.4B, up 104% from $7.1B (2019-09-10 to 2020-03-30)Mar 30, 2020 · RAUM change · derived
- Flexpath Strategies reported RAUM $7.1B, up 39% from $5.1B (2018-03-22 to 2019-03-22)Mar 22, 2019 · RAUM change · derived
- James Jeffrey Groves (Chief Compliance Officer) no longer on Schedule A of Flexpath Strategies (listed 2018-03-22, absent 2019-03-22)Mar 22, 2019 · Control person left · inference
- Alan Blake Bjordahl (Chief Compliance Officer) appeared on Schedule A of Flexpath StrategiesMar 22, 2019 · Control person joined · fact
- Flexpath Strategies reported RAUM $5.1B, up 56% from $3.3B (2017-12-19 to 2018-03-22)Mar 22, 2018 · RAUM change · derived
- Flexpath Strategies filed its initial SEC registration (Form ADV)Jan 23, 2015 · 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
- Website
- FLEXPATHSTRATEGIES.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 949-418-6030reportedpublic record, Form ADV, Jun 26, 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
- Other adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $971Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026