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

Ellevest

Independent wealth managerNew York, New YorkCRD 175476SEC 801-106683websiteIAPD
Legal name Ellevest, Inc.
Latest filing Jul 17, 2026
First filing on the tape Sep 15, 2015 · 54 filings
SEC status approved since Sep 28, 2015
RAUM
$1.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$1.1B individuals and HNW
Advisors
13
registered through the firm on IAPD
RAUM per advisor
$87.0M
derived; firm RAUM over IAPD count
Employees
19
13 advisory (5.B.1)
Offices
12
beyond the principal office
Private funds
0
reported on Schedule D
History
54 filings and snapshots on the tape
RAUM$1.1B as of Jul 17, 2026
Mar 29, 2016$136,185 then
HNW client RAUM$1.0B as of Jul 17, 2026
Feb 27, 2018$18.9M then
State-registered IARs (5.B.3)13 as of Jul 17, 2026
Mar 29, 20161 then
Employees (5.A)19 as of Jul 17, 2026
Mar 29, 201613 then
Private funds: no history
RAUM -47% over the last fiscal year-11% a year over threeIARs 30 to 13offices 0 to 12
Practice profile
derived from the filing of Jul 17, 2026; every figure names its basis
Archetypes, each a printed rule
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
RAUM per advisor
$87.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
36derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.7MderivedHNW RAUM over HNW clients
Average account
$2.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
1.0derived13 offices incl. principal (1.F.5)
RAUM growth, one year
-47%derivedbetween the last two annual amendments
Advisor growth, one year
-57%derivedItem 5.B.3 between annual amendments
Client growth, one year
-99%derived
Compensation
percentage of assets, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, educational seminarsreportedItem 5.G
Financial planning clients
1,000reportedItem 5.H
Custody
$428M, 260 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)
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.0B89%
  • Individuals$93.4M8.3%
  • Charitable organizations$22.2M2.0%
  • Corporations and businesses$7.0M0.6%
  • Pension and profit-sharing plans$1.8M0.2%
Individual clients
100reported
HNW clients
371reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
474reported
Financial planning clients
1,000reported
Wrap fee programs
noreported
Custody of client assets
$428M for 260 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
12 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Emily GreenNew York, Ny Nov 14, 201715 y0
Ashley Nicole BlecknerCertified Financial PlannerCarlsbad, Ca Apr 3, 201911 y1
Kerry Ann O'BrienCertified Financial PlannerWalpole, Ma May 13, 202020 y3
Sofia Liana FigueroaCertified Financial PlannerNew York, Ny Nov 13, 202013 y1
Kristen Deedy GoodmanChartered Financial AnalystDenver, Co Jan 5, 202111 y0
Ankur G PatelChartered Financial AnalystNew York, Ny Feb 24, 202114 y1
Samantha Craig VientCertified Financial PlannerCosta Mesa, Ca May 20, 202216 y5
Kaitlin Marie HorschCertified Financial PlannerChicago, Il Aug 18, 202212 y1
Alondra GarciaChartered Financial AnalystPensacola, Fl Sep 23, 202210 y1
Veronica TaylorCertified Financial PlannerWhite Plains, Ny May 1, 202326 y1
Hannah Bauque SteendamCertified Financial PlannerLakewood, Co Feb 23, 202410 y1
Sara FaurerChicago, Il May 24, 202410 y0
Advisor movement
3 left, 0 joined in 12 months
net -3 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 23% of current headcount25 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Connie Hsiung · Co-Chief Executive Officer And Chief Financial Officercontrol
      since 12/2024 · owns less than 5%
    • Shiu Han Sylvia Kwan · Chief Executive Officer And Chief Investment Officercontrol
      since 02/2025 · owns less than 5%
    • D Jack Wright · Chief Compliance Officercontrol
      since 01/2024 · owns less than 5%
    • D Joseph Mansueto · Executive Chairman Of The Boardcontrol
      since 09/2016 · owns 25% to 50% of Morningstar, Inc
    • Lee Sallie Krawcheck · Shareholder (Common)
      since 11/2014 · owns 10% to 25%
    • Hope Charles Kroll · Shareholder (Common)
      since 11/2014 · owns 10% to 25%
    Entity owners
    • Allianz Life Insurance Company Of North America · Shareholder
      indirect · owns 75% or more of Allianz Strategic Investments, LLC
    • Khosla Ventures Seed Associates C, LLC · Member
      indirect · owns 25% to 50% of Khosla Ventures Seed C, LP
    • Psp Growth Fund 2017 Holdco, L.L.C. · Member And Manager
      indirect · owns 75% or more of Psp Growth Fund 2017, L.L.C.
    • Sk Impact Fund, LLC · Partner
      indirect · owns 25% to 50% of Rethink Impact, LP
    • Allianz Strategic Investments, LLC · Shareholder (Preferred)
      direct · owns 5% to 10%
    • Khosla Ventures Seed C, LP · Shareholder (Preferred)
      direct · owns 5% to 10%
    • Morningstar, Inc · Shareholder (Common)
      direct · owns 10% to 25% · public reporting company
    • Morningstar, Inc. · Shareholder (Preferred)
      direct · owns 5% to 10% · public reporting company
    • Paypal, Inc. · Shareholder (Preferred)
      direct · owns 5% to 10% · public reporting company
    • Psp Growth Fund 2017, L.L.C. · Shareholder (Preferred)
      direct · owns 5% to 10%
    • Rethink Impact, LP · Shareholder (Preferred)
      direct · owns 5% to 10%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    New York, Ny · principal1302
    Chicago, Il200
    Camarillo, Ca000
    Gonzales, La000
    Jupiter, Fl000
    Pembroke Pines, Fl000
    Philadelphia, Pa000
    Carrollton, Tx000
    Aiken, Sc000
    Alameda, Ca000
    Anthem, Az000
    Atlanta, Ga001
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    10 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing Jul 17, 2026
      MANSUETO, JOSEPH, D (EXECUTIVE CHAIRMAN OF THE BOARD) left Schedule A between the filings of 2024-12-20 and 2026-07-17
      peers: independent wealth managers, $1B to $5B (1,360)
    • control person changedChange between filings · filing Jul 17, 2026
      Hsiung, Connie (CO-CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER) left Schedule A between the filings of 2024-12-20 and 2026-07-17
      peers: independent wealth managers, $1B to $5B (1,360)
    • control person changedChange between filings · filing Jul 17, 2026
      WRIGHT, JACK, D (CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2024-12-20 and 2026-07-17
      peers: independent wealth managers, $1B to $5B (1,360)
    • clients down average size upCombination · filing Mar 31, 2026
      private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $2,128,783,447 to $1,131,232,881, advisors 30 to 13, private clients 79639 to 471, offices 0 to 12 (2025-03-31 to 2026-03-31)
      peers: independent wealth managers, $1B to $5B (1,360)
    • client count collapseChange between filings · filing Mar 31, 2026
      individual and HNW clients (Item 5.D) moved from 79,639.0 to 471.0 (-99.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +5.0% (1132 comparable advisers, 0.0th percentile of changes)
      peers: independent wealth managers, $1B to $5B (1,132) · 0.0% percentile
    • advisor count dropChange between filings · filing Mar 31, 2026
      advisory representatives (Item 5.B.3) moved from 30.0 to 13.0 (-57.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was 0.0% (999 comparable advisers, 1.0th percentile of changes)
      peers: independent wealth managers, $1B to $5B (999) · 0.9% percentile
    • account count collapseChange between filings · filing Mar 31, 2026
      accounts (Item 5.F.2.f) moved from 79,647.0 to 474.0 (-99.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +6.0% (1206 comparable advisers, 0.0th percentile of changes)
      peers: independent wealth managers, $1B to $5B (1,206) · 0.0% percentile
    • employee count dropChange between filings · filing Mar 31, 2026
      employees (Item 5.A) moved from 59.0 to 19.0 (-68.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +4.0% (1050 comparable advisers, 0.0th percentile of changes)
      peers: independent wealth managers, $1B to $5B (1,050) · 0.2% percentile
    • HNW share shiftChange between filings · filing Mar 31, 2026
      HNW share of RAUM moved from 45.0% to 89.0% between the annual amendments of 2025-03-31 and 2026-03-31
      peers: independent wealth managers, $1B to $5B (1,360)
    • RAUM down 25 %Change between filings · filing Mar 31, 2026
      RAUM (Item 5.F) moved from $2,128,783,447 to $1,131,232,881 (-47.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +17.0% (1297 comparable advisers, 0.0th percentile of changes)
      peers: independent wealth managers, $1B to $5B (1,297) · 0.2% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 344 to 474
      Jan 5, 2026 to Mar 31, 2026
    • Charity clients · 6.0 to unset
      Jan 5, 2026 to Mar 31, 2026
    • HNW clients · 238 to 371
      Jan 5, 2026 to Mar 31, 2026
    • Individual clients · 98 to 100
      Jan 5, 2026 to Mar 31, 2026
    • Assets in custody · $446M to $428M
      Jan 5, 2026 to Mar 31, 2026
    • Employees · 22 to 19
      Jan 5, 2026 to Mar 31, 2026
    • Discretionary RAUM · $1.0B to $1.1B
      Jan 5, 2026 to Mar 31, 2026
    • HNW RAUM · $884M to $1.0B
      Jan 5, 2026 to Mar 31, 2026
    • Individual RAUM · $92.7M to $93.4M
      Jan 5, 2026 to Mar 31, 2026
    • Pension RAUM · $1.6M to $1.8M
      Jan 5, 2026 to Mar 31, 2026
    • RAUM · $1.0B to $1.1B
      Jan 5, 2026 to Mar 31, 2026
    • Accounts · 79,647 to 344
      Mar 31, 2025 to Oct 7, 2025
    • Advisory employees · 27 to 13
      Mar 31, 2025 to Oct 7, 2025
    • HNW clients · 280 to 238
      Mar 31, 2025 to Oct 7, 2025
    • Individual clients · 79,359 to 98
      Mar 31, 2025 to Oct 7, 2025
    • Assets in custody · unset to 445683137.0
      Mar 31, 2025 to Oct 7, 2025
    • Custody of client assets · false to true
      Mar 31, 2025 to Oct 7, 2025
    • Employees · 59 to 22
      Mar 31, 2025 to Oct 7, 2025
    • State-registered IARs · 30 to 13
      Mar 31, 2025 to Oct 7, 2025
    • Other offices · 0 to 12
      Mar 31, 2025 to Oct 7, 2025
    • Discretionary RAUM · $2.1B to $1.0B
      Mar 31, 2025 to Oct 7, 2025
    • HNW RAUM · $963M to $884M
      Mar 31, 2025 to Oct 7, 2025
    • Individual RAUM · $1.1B to $92.7M
      Mar 31, 2025 to Oct 7, 2025
    • Pension RAUM · $1.5M to $1.6M
      Mar 31, 2025 to Oct 7, 2025
    • RAUM · $2.1B to $1.0B
      Mar 31, 2025 to Oct 7, 2025
    • Wrap assets (manager) · 1063089060.0 to unset
      Mar 31, 2025 to Oct 7, 2025
    • Wrap assets (sponsor) · 1063089060.0 to unset
      Mar 31, 2025 to Oct 7, 2025
    • Accounts · 89,871 to 79,647
      Dec 20, 2024 to Mar 31, 2025
    • Advisory employees · 32 to 27
      Dec 20, 2024 to Mar 31, 2025
    • Charity clients · 7 to 6
      Dec 20, 2024 to Mar 31, 2025
    • HNW clients · 287 to 280
      Dec 20, 2024 to Mar 31, 2025
    • Individual clients · 70,436 to 79,359
      Dec 20, 2024 to Mar 31, 2025
    • Employees · 106 to 59
      Dec 20, 2024 to Mar 31, 2025
    • Insurance-licensed employees · 0 to 1
      Dec 20, 2024 to Mar 31, 2025
    • Financial planning clients · More than 500 to More than 500
      Dec 20, 2024 to Mar 31, 2025
    • HQ city · unset to NEW YORK
      Dec 20, 2024 to Mar 31, 2025
    • HQ state · unset to NY
      Dec 20, 2024 to Mar 31, 2025
    • State-registered IARs · 33 to 30
      Dec 20, 2024 to Mar 31, 2025
    • Discretionary RAUM · $2.1B to $2.1B
      Dec 20, 2024 to Mar 31, 2025
    • HNW RAUM · $947M to $963M
      Dec 20, 2024 to Mar 31, 2025
    Signals
    50 dated events
    • Corrinne Marie Rivers left Ellevest for Childfree Wealth (registered 2025-08-05)
      Dec 11, 2025 · Advisor changed firm · fact
    • Ehijie Mofeolu Sado left Ellevest for Values Added Financial (registered 2026-02-05)
      Nov 24, 2025 · Advisor changed firm · fact
    • Darci Colleen Zaunmiller left Ellevest for Nectarine (registered 2026-01-12)
      Nov 24, 2025 · Advisor changed firm · fact
    • Ellevest reported RAUM $1.0B, down 52% from $2.1B (2025-03-31 to 2025-10-07)
      Oct 7, 2025 · RAUM change · derived
    • Ellevest reported 13 state-registered advisory representatives, down from 30 (2025-03-31 to 2025-10-07)
      Oct 7, 2025 · Advisor headcount change · derived
    • Ellevest reported 12 offices beyond its principal office, up from 0 (2025-03-31 to 2025-10-07)
      Oct 7, 2025 · Office count change · derived
    • Elizabeth Cameron Rogers left Ellevest for Angeles Wealth Management, Llc (registered 2025-05-12)
      May 2, 2025 · Advisor changed firm · fact
    • Maria Kleinhans left Ellevest for Angeles Wealth Management, Llc (registered 2025-06-18)
      May 2, 2025 · Advisor changed firm · fact
    • Uchechi Kalu left Ellevest for Greenlight Financial Planning, Llc (registered 2025-09-11)
      Apr 23, 2025 · Advisor changed firm · fact
    • Katherine Nicole Phillips left Ellevest for Mercer Global Advisors Inc. (registered 2025-04-22)
      Apr 21, 2025 · Advisor changed firm · fact
    • Dawn Carolyn Abernathy left Ellevest for Compass Wealth (registered 2026-05-12)
      Apr 7, 2025 · Advisor changed firm · fact
    • Jennifer Neeley left Ellevest for Lpl Financial Llc (registered 2025-06-05)
      Apr 7, 2025 · Advisor changed firm · fact
    • Michelle Rae Wagner left Ellevest for Core Planning (registered 2025-09-04)
      Apr 7, 2025 · Advisor changed firm · fact
    • Patricia Ann Stallworth left Ellevest for Mainstreet Financial Planning, Inc. (registered 2026-04-24)
      Apr 7, 2025 · Advisor changed firm · fact
    • Brooke Weise left Ellevest for Weise Financial Wellness (registered 2026-05-06)
      Apr 7, 2025 · Advisor changed firm · fact
    • Lyndsi Grace Stender left Ellevest for Motley Fool Wealth Management, Llc (registered 2025-04-10)
      Mar 19, 2025 · Advisor changed firm · fact
    • Maria A Delgado left Ellevest for Mml Investors Services, Llc (registered 2025-02-03)
      Mar 13, 2025 · Advisor changed firm · fact
    • 2 advisors left Ellevest (New York, NY) for Motley Fool Wealth Management, LLC within 6 days
      Mar 13, 2025 · Team lift-out · derived
    • Sabrina Rosh left Ellevest for Motley Fool Wealth Management, Llc (registered 2025-05-30)
      Mar 13, 2025 · Advisor changed firm · fact
    • Lori Beth Lustberg left Ellevest for Focus Partners Wealth, Llc (registered 2025-10-29)
      Feb 4, 2025 · Advisor changed firm · fact
    • Valerie Isabel Marquez left Ellevest for Beacon Pointe Advisors, Llc (registered 2025-01-07)
      Jan 6, 2025 · Advisor changed firm · fact
    • Allison Ruckey Kvikstad left Ellevest for Beacon Pointe Advisors, Llc (registered 2025-01-09)
      Jan 6, 2025 · Advisor changed firm · fact
    • Shiu Han Sylvia Kwan (Co-Chief Executive Officer And Chief Investment Officer) appeared on Schedule A of Ellevest
      Dec 20, 2024 · Control person joined · fact
    • Healy Marroy left Ellevest for Wells Fargo Advisors (registered 2025-01-06)
      Dec 4, 2024 · Advisor changed firm · fact
    • Michelle Petrowski left Ellevest for Vanguard Advisers, Inc. (registered 2026-05-12)
      Dec 2, 2024 · Advisor changed firm · fact
    • Jaclyn Elaine Madrid Mercer left Ellevest for Flourish Wealth Management Inc. (registered 2024-12-06)
      Nov 27, 2024 · Advisor changed firm · fact
    • Kathleen Jessica Villegas left Ellevest for Root Financial Partners (registered 2024-10-23)
      Jul 29, 2024 · Advisor changed firm · fact
    • Allison Masoero Hershey left Ellevest for Fruitful (registered 2024-10-15)
      Jun 12, 2024 · Advisor changed firm · fact
    • Naima Nefertari Barnes Bush left Ellevest for Fruitful (registered 2024-05-29)
      May 28, 2024 · Advisor changed firm · fact
    • Ellevest reported 32 state-registered advisory representatives, up from 17 (2023-03-30 to 2024-02-15)
      Feb 15, 2024 · Advisor headcount 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.
    How to reach
    public business contact points only, each with its source
    Business phone
    718-400-6898reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    844-413-1820reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/ellevestreportedpublic record, Form ADV, Sep 17, 2026
    Website
    ELLEVEST.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    844-355-7100reportedpublic record, Form ADV, Jul 17, 2026
    Team page
    ellevest.com/our-teamreportedpublished by the firm, firm site, Sep 15, 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
    $87.0Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026