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

Cutter & Company, Inc.

Former SEC-registered adviserBallwin, MissouriCRD 22449SEC 801-62329websiteIAPD
Legal name Cutter And Company Brokerage, Inc.
Latest filing Apr 8, 2025
First filing on the tape Mar 29, 2012 · 38 filings
SEC status approved since Sep 8, 2003
RAUM
$937M
reported, Item 5.F
Discretionary
82%
of RAUM
Private clients
96%
$896M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
48
38 advisory (5.B.1)
Offices
17
beyond the principal office
Private funds
0
reported on Schedule D
History
38 filings and snapshots on the tape
RAUM$937M as of Apr 8, 2025
Mar 29, 2012$344M then
HNW client RAUM$152M as of Apr 8, 2025
Mar 29, 2018$160M then
State-registered IARs (5.B.3)5 as of Apr 8, 2025
Mar 26, 201328 then
Employees (5.A)48 as of Apr 8, 2025
Mar 26, 201328 then
Private funds: no history
RAUM +8.3% over the last fiscal year+1.8% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Apr 8, 2025; every figure names its basis
RAUM per advisor
$187MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
465derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.4MderivedHNW RAUM over HNW clients
Average account
$395,706derivedRAUM over accounts (5.F.2.f)
Discretionary
82%derivedof RAUM
Institutional
0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
9.6derivedItem 5.A over advisors
Advisors per office
0.3derived18 offices incl. principal (1.F.5)
RAUM growth, one year
+8.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.7%derived
Compensation
percentage of assets, hourly, fixed fees, commissionsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Wrap fee program
$363MreportedItem 5.I
Custody
$1.2B, 3,495 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 a broker-dealer (6.A.1)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$743M79%
  • High-net-worth individuals$152M16%
  • Corporations and businesses$36.1M3.9%
  • Pension and profit-sharing plans$2.8M0.3%
  • Charitable organizations$2.5M0.3%
Individual clients
2,212reported
HNW clients
112reported
Pension plan clients
12reported
Charitable clients
9reported
Accounts
2,368reported
Financial planning clients
101-250reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$1.2B for 3,495 clientsreported
Compensation
% of AUM, fixed, hourly, commissionsreported
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
  • Deborah Marie Castiglioni · Ceo, Chief Compliance Officer-Racontrol
    since 01/2015 · owns 25% to 50%
  • William Louis Meyer · Presidentcontrol
    since 08/1988 · owns 75% or more
  • Nancy L Richter · Chief Compliance Officer - Bdcontrol
    since 01/2015 · owns less than 5%
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Ballwin, Mo · principal000
Wildwood, Mo000
St Peters, Mo000
Offices
Schedule D 1.F, the 25 largest
  • St. Peters, MO3 employees
  • Columbia, MO2 employees
  • Frisco, TX2 employees
  • St Peters, MO2 employees
  • Marion, IL1 employees
  • Dayton, OH1 employees
  • Bettendorf, IA1 employees
  • Burton, OH1 employees
  • Overland Park, KS1 employees
  • , 1 employees
  • Manchester, MO1 employees
  • Laguna Hills, CA1 employees
  • Bettendorf, IA1 employees
  • , 1 employees
  • St. Louis, MO1 employees
  • , 1 employees
  • Denver, IA1 employees
What changed
consecutive filings, newest first
  • Accounts · 2,329 to 2,368
    Mar 25, 2024 to Apr 8, 2025
  • Advisory employees · 39 to 38
    Mar 25, 2024 to Apr 8, 2025
  • BD registered reps · 49 to 48
    Mar 25, 2024 to Apr 8, 2025
  • Charity clients · 10 to 9
    Mar 25, 2024 to Apr 8, 2025
  • Corporate clients · 22 to 23
    Mar 25, 2024 to Apr 8, 2025
  • HNW clients · 109 to 112
    Mar 25, 2024 to Apr 8, 2025
  • Individual clients · 2,177 to 2,212
    Mar 25, 2024 to Apr 8, 2025
  • Pension plan clients · 11 to 12
    Mar 25, 2024 to Apr 8, 2025
  • Assets in custody · $1.1B to $1.2B
    Mar 25, 2024 to Apr 8, 2025
  • Employees · 49 to 48
    Mar 25, 2024 to Apr 8, 2025
  • Discretionary RAUM · $718M to $768M
    Mar 25, 2024 to Apr 8, 2025
  • HNW RAUM · $136M to $152M
    Mar 25, 2024 to Apr 8, 2025
  • Individual RAUM · $699M to $743M
    Mar 25, 2024 to Apr 8, 2025
  • Non-discretionary RAUM · $147M to $169M
    Mar 25, 2024 to Apr 8, 2025
  • Pension RAUM · $2.1M to $2.8M
    Mar 25, 2024 to Apr 8, 2025
  • RAUM · $866M to $937M
    Mar 25, 2024 to Apr 8, 2025
  • Related broker-dealer · false to true
    Mar 25, 2024 to Apr 8, 2025
  • Accounts · 2,306 to 2,329
    Aug 14, 2023 to Mar 25, 2024
  • BD registered reps · 51 to 49
    Aug 14, 2023 to Mar 25, 2024
  • Charity clients · 9 to 10
    Aug 14, 2023 to Mar 25, 2024
  • HNW clients · 112 to 109
    Aug 14, 2023 to Mar 25, 2024
  • Individual clients · 2,148 to 2,177
    Aug 14, 2023 to Mar 25, 2024
  • Pension plan clients · 15 to 11
    Aug 14, 2023 to Mar 25, 2024
  • Assets in custody · $981M to $1.1B
    Aug 14, 2023 to Mar 25, 2024
  • Employees · 51 to 49
    Aug 14, 2023 to Mar 25, 2024
  • Insurance-licensed employees · 6 to 5
    Aug 14, 2023 to Mar 25, 2024
  • State-registered IARs · 6 to 5
    Aug 14, 2023 to Mar 25, 2024
  • Other offices · 18 to 17
    Aug 14, 2023 to Mar 25, 2024
  • Discretionary RAUM · $599M to $718M
    Aug 14, 2023 to Mar 25, 2024
  • HNW RAUM · $125M to $136M
    Aug 14, 2023 to Mar 25, 2024
  • Individual RAUM · $601M to $699M
    Aug 14, 2023 to Mar 25, 2024
  • Non-discretionary RAUM · $153M to $147M
    Aug 14, 2023 to Mar 25, 2024
  • Pension RAUM · $2.3M to $2.1M
    Aug 14, 2023 to Mar 25, 2024
  • RAUM · $752M to $866M
    Aug 14, 2023 to Mar 25, 2024
  • Accounts · 2,202 to 2,306
    Jan 3, 2023 to Mar 30, 2023
  • BD registered reps · 50 to 51
    Jan 3, 2023 to Mar 30, 2023
  • Charity clients · 7 to 9
    Jan 3, 2023 to Mar 30, 2023
  • Corporate clients · 20 to 22
    Jan 3, 2023 to Mar 30, 2023
  • HNW clients · 106 to 112
    Jan 3, 2023 to Mar 30, 2023
  • Individual clients · 2,055 to 2,148
    Jan 3, 2023 to Mar 30, 2023
Signals
6 dated events
  • Cutter & Company, Inc. no longer on the SEC adviser roster (last listed 2025-07-01, RAUM $937.0M)
    Aug 1, 2025 · Left the SEC roster · derived
  • Deborah Marie Castiglioni left Cutter & Company, Inc. for Prospera Financial Services, Inc. (registered 2025-05-22)
    Jul 25, 2025 · Advisor changed firm · fact
  • Michael Hong Cho left Cutter & Company, Inc. for Armor Wealth Strategies, Llc (registered 2025-03-10)
    Mar 5, 2025 · Advisor changed firm · fact
  • Kathleen O'Toole left Cutter & Company, Inc. for Fidelity Personal And Workplace Advisors (registered 2024-06-04)
    Apr 16, 2024 · Advisor changed firm · fact
  • Sage Jones Lake left Cutter & Company, Inc. for On Investment Management Co (registered 2022-08-04)
    Jun 24, 2022 · Advisor changed firm · fact
  • Cutter & Company, Inc. reported 4 state-registered advisory representatives, down from 35 (2018-08-29 to 2019-03-28)
    Mar 28, 2019 · 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.
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