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.

Former SEC-registered adviser

H. Beck, Inc.

Former SEC-registered adviserRockville, MarylandCRD 1763SEC 801-IAPD
Latest filing Mar 25, 2021
First filing on the tape Mar 5, 2012 · 43 filings
RAUM
$2.0B
reported, Item 5.F
Discretionary
21%
of RAUM
Private clients
98%
$1.9B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
406
373 advisory (5.B.1)
Offices
237
beyond the principal office
Private funds
0
reported on Schedule D
History
43 filings and snapshots on the tape
RAUM$2.0B as of Mar 25, 2021
Mar 5, 2012$1.2B then
HNW client RAUM$1.2B as of Mar 25, 2021
Apr 1, 2018$245M then
State-registered IARs (5.B.3)373 as of Mar 25, 2021
Mar 28, 2013459 then
Employees (5.A)406 as of Mar 25, 2021
Mar 28, 2013511 then
Private funds: no history
RAUM +28% over the last fiscal year+13% a year over threeIARs 374 to 373offices 343 to 237
Practice profile
derived from the filing of Mar 25, 2021; every figure names its basis
RAUM per advisor
$5.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
19derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$442,691derivedHNW RAUM over HNW clients
Average account
$273,792derivedRAUM over accounts (5.F.2.f)
Discretionary
21%derivedof RAUM
Institutional
1.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.1derivedItem 5.A over advisors
Advisors per office
1.6derived238 offices incl. principal (1.F.5)
RAUM growth, one year
+28%derivedbetween the last two annual amendments
Advisor growth, one year
-0.3%derivedItem 5.B.3 between annual amendments
Client growth, one year
+16%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisers, educational seminarsreportedItem 5.G
Wrap fee program
$2.0BreportedItem 5.I
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
  • is a broker-dealer (6.A.1)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.2B61%
  • Individuals$746M38%
  • Pension and profit-sharing plans$17.6M0.9%
  • Charitable organizations$7.2M0.4%
  • Corporations and businesses$6.5M0.3%
Individual clients
4,449reported
HNW clients
2,716reported
Pension plan clients
38reported
Charitable clients
14reported
Accounts
7,230reported
Financial planning clients
251-500reported
Wrap fee programs
$2.0B sponsored, $0 managedreported
Custody of client assets
noreported
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
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Jason R Albino · Executive Vice President & Chief Compliance Officercontrol
    since 02/2018 · owns less than 5%
  • Michelle Anne Barry · Presidentcontrol
    since 01/2018 · owns less than 5%
  • Robert Costello · Chief Operation Officercontrol
    since 01/2020 · owns less than 5%
  • Joel Van Bennett · Assistant Vice President
    since 07/2018 · owns less than 5%
  • Robert James Engle · Executive Vice President
    since 09/2020 · owns less than 5%
  • Clinelle Arminta Jean · Principal Trader
    since 08/2011 · owns less than 5%
  • Robert Bredt Norwood · Officer
    since 12/2017 · owns less than 5%
  • James Lynn Poer · Officer
    since 12/2017 · owns less than 5%
  • Christopher Ryan Roberts · Senior Vice President & Sales Support
    since 05/2018 · owns less than 5%
  • Billy Wayne Jr Shank · Vice President, Investment Advisory
    since 03/2018 · owns less than 5%
  • John Patrick Vanderheyden · Officer
    since 12/2017 · owns less than 5%
  • Sandra Renee Worsham · Vice President, Broker Dealer Compliance
    since 09/2019 · owns less than 5%
  • Yin Yin · Assistant Secretary
    since 07/2018 · owns less than 5%
Entity owners
  • Kestra Financial Inc. · 100 % Shareholder
    direct · owns 75% or more
  • Kingfisher Holding A, Inc. · Owner
    indirect · owns 75% or more of Kingfisher Holding B, Inc.
  • Kingfisher Holding B, Inc. · Owner
    indirect · owns 75% or more of Kestra Advisor Services Holdings A, Inc.
  • Kingfisher Holding, L.P. · Owner
    indirect · owns 75% or more of Kingfisher Holding A, Inc.
  • Warburg Pincus Financial Sector, L.P. · Limited Partner
    indirect · owns 25% to 50% of Kingfisher Holding, L.P.
  • Kestra Advisor Services Holding A, Inc. · Owner
    indirect · owns 75% or more of Kestra Advisor Services Holdings B, Inc.
  • Kestra Advisor Services Holding B, Inc. · Owner
    indirect · owns 75% or more of Kestra Advisor Services Holding C, Inc.
  • Kestra Advisor Services Holding C, Inc. · Owner
    indirect · owns 75% or more of Kestra Financial, Inc.
  • Kingfisher Holding Gp, LLC · General Partner
    indirect · owns F of Kingfisher Holding, LP.
Related persons
Schedule D 7.A
Advisers that list H. Beck, Inc. as a related person
Offices
Schedule D 1.F, the 25 largest
  • St. Louis Park, MN9 employees
  • Elm Grove, WI7 employees
  • Rockville, MD5 employees
  • Gaithersburg, MD5 employees
  • West Corvina, CA4 employees
  • Lutherville, MD4 employees
  • Grand Blanc, MI4 employees
  • Mcmurray, PA4 employees
  • Long Beach, CA4 employees
  • Frederick, MD4 employees
  • Ocean City, MD4 employees
  • Rockville, MD4 employees
  • Lutherville, MD3 employees
  • Phoenix, AZ3 employees
  • Knoxville, KY3 employees
  • Wexford, PA3 employees
  • Pittsburgh, PA3 employees
  • Victor, NY3 employees
  • Moon Township, PA3 employees
  • Rockville, MD3 employees
  • Centennial, CO3 employees
  • State College, PA3 employees
  • Norwalk, CT2 employees
  • Rye Brook, NY2 employees
  • Thurmont, MD1 employees
What changed
consecutive filings, newest first
  • Accounts · 6,268 to 7,230
    Jun 30, 2020 to Mar 25, 2021
  • Advisory employees · 374 to 373
    Jun 30, 2020 to Mar 25, 2021
  • BD registered reps · 190 to 373
    Jun 30, 2020 to Mar 25, 2021
  • Charity clients · 13 to 14
    Jun 30, 2020 to Mar 25, 2021
  • Corporate clients · 19 to 13
    Jun 30, 2020 to Mar 25, 2021
  • HNW clients · 2,260 to 2,716
    Jun 30, 2020 to Mar 25, 2021
  • Individual clients · 3,908 to 4,449
    Jun 30, 2020 to Mar 25, 2021
  • Pension plan clients · 68 to 38
    Jun 30, 2020 to Mar 25, 2021
  • Assets in custody · 25000.0 to unset
    Jun 30, 2020 to Mar 25, 2021
  • Custody of client assets · true to false
    Jun 30, 2020 to Mar 25, 2021
  • Employees · 614 to 406
    Jun 30, 2020 to Mar 25, 2021
  • Insurance-licensed employees · 4 to 6
    Jun 30, 2020 to Mar 25, 2021
  • Financial planning clients · More than 500 to 251-500
    Jun 30, 2020 to Mar 25, 2021
  • State-registered IARs · 374 to 373
    Jun 30, 2020 to Mar 25, 2021
  • Other offices · 343 to 237
    Jun 30, 2020 to Mar 25, 2021
  • Discretionary RAUM · $178M to $421M
    Jun 30, 2020 to Mar 25, 2021
  • HNW RAUM · $916M to $1.2B
    Jun 30, 2020 to Mar 25, 2021
  • Individual RAUM · $589M to $746M
    Jun 30, 2020 to Mar 25, 2021
  • Non-discretionary RAUM · $1.4B to $1.6B
    Jun 30, 2020 to Mar 25, 2021
  • Pension RAUM · $27.9M to $17.6M
    Jun 30, 2020 to Mar 25, 2021
  • RAUM · $1.6B to $2.0B
    Jun 30, 2020 to Mar 25, 2021
  • Wrap assets (sponsor) · $15.5M to $2.0B
    Jun 30, 2020 to Mar 25, 2021
  • Accounts · 6,066 to 6,268
    Jul 3, 2019 to Mar 31, 2020
  • Advisory employees · 390 to 374
    Jul 3, 2019 to Mar 31, 2020
  • BD registered reps · 410 to 190
    Jul 3, 2019 to Mar 31, 2020
  • Charity clients · 11 to 13
    Jul 3, 2019 to Mar 31, 2020
  • Corporate clients · 14 to 19
    Jul 3, 2019 to Mar 31, 2020
  • HNW clients · 519 to 2,260
    Jul 3, 2019 to Mar 31, 2020
  • Individual clients · 5,488 to 3,908
    Jul 3, 2019 to Mar 31, 2020
  • Pension plan clients · 34 to 68
    Jul 3, 2019 to Mar 31, 2020
  • Assets in custody · unset to 25000.0
    Jul 3, 2019 to Mar 31, 2020
  • Custody of client assets · false to true
    Jul 3, 2019 to Mar 31, 2020
  • Employees · 410 to 614
    Jul 3, 2019 to Mar 31, 2020
  • Financial planning clients · 251-500 to More than 500
    Jul 3, 2019 to Mar 31, 2020
  • State-registered IARs · 410 to 374
    Jul 3, 2019 to Mar 31, 2020
  • Other offices · 426 to 343
    Jul 3, 2019 to Mar 31, 2020
  • Discretionary RAUM · $162M to $178M
    Jul 3, 2019 to Mar 31, 2020
  • HNW RAUM · $225M to $916M
    Jul 3, 2019 to Mar 31, 2020
  • Individual RAUM · $1.1B to $589M
    Jul 3, 2019 to Mar 31, 2020
  • Non-discretionary RAUM · $1.2B to $1.4B
    Jul 3, 2019 to Mar 31, 2020
Signals
7 dated events
  • 2 advisors left Bass Financial Strategies, Inc. (Greensboro, NC) for H. Beck, Inc. on the same day
    Sep 19, 2024 · Team lift-out · derived
  • H. Beck, Inc. reported 237 offices beyond its principal office, down from 343 (2020-06-30 to 2021-03-25)
    Mar 25, 2021 · Office count change · derived
  • H. Beck, Inc. reported RAUM $2.0B, up 28% from $1.6B (2020-06-30 to 2021-03-25)
    Mar 25, 2021 · RAUM change · derived
  • H. Beck, Inc. reported 343 offices beyond its principal office, down from 426 (2019-07-03 to 2020-03-31)
    Mar 31, 2020 · Office count change · derived
  • Scott Carl Thorson (Fnop, Executive Vice President, Treasurer & Chief Operating Officer) no longer on Schedule A of H. Beck, Inc. (listed 2019-07-03, absent 2020-03-31)
    Mar 31, 2020 · Control person left · inference
  • Sandra Renee Whited (Vice President, Broker Dealer Compliance) appeared on Schedule A of H. Beck, Inc.
    Mar 31, 2020 · Control person joined · fact
  • Robert Costello (Chief Operation Officer) appeared on Schedule A of H. Beck, Inc.
    Mar 31, 2020 · Control person joined · fact
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