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

Applied Finance Capital Management, LLC

Other adviserSan Juan, PRCRD 226755SEC 801-98338websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape May 21, 2015 · 19 filings
SEC status approved since Jun 5, 2015
RAUM
$4.4B
reported, Item 5.F
Discretionary
39%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$4.4B as of Mar 30, 2026
Mar 28, 2016$0 then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 28, 20160 then
Employees (5.A)3 as of Mar 30, 2026
Mar 28, 20164 then
Private funds: no history
RAUM -8.7% over the last fiscal year+26% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM 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
$1.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
39%derivedof RAUM
Institutional
15%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-8.7%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, otherreportedItem 5.G
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$2.0B59%
  • Sovereign wealth funds$684M20%
  • Other investment advisers$362M11%
  • Banks and thrifts$358M11%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
3,390reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=0.53 institutional_share=0.15 related_bd=false related_bank=false bd_reps=0.0derived
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • James Daniel Obrycki · Managing Membercontrol
        since 01/2015 · owns 50% to 75%
      • Rafael (Nmn) Resendes · Managing Membercontrol
        since 01/2015 · owns 50% to 75%
      • Dwain David Jones · Chief Compliance Officer
        since 01/2015 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Advisers that list Applied Finance Capital Management, LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • institutional asset share shiftChange between filings · filing Mar 30, 2026
        institutional share of RAUM moved from 48.0% to 32.0% between the annual amendments of 2025-03-31 and 2026-03-30
        peers: other advisers, $1B to $5B (247)
      What changed
      consecutive filings, newest first
      • Accounts · 3,809 to 3,390
        Mar 31, 2025 to Mar 30, 2026
      • Discretionary RAUM · $2.6B to $1.7B
        Mar 31, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $2.3B to $2.7B
        Mar 31, 2025 to Mar 30, 2026
      • RAUM · $4.9B to $4.4B
        Mar 31, 2025 to Mar 30, 2026
      • Accounts · 3,147 to 3,809
        Jul 31, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Jul 31, 2024 to Mar 31, 2025
      • Discretionary RAUM · $2.4B to $2.6B
        Jul 31, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $2.0B to $2.3B
        Jul 31, 2024 to Mar 31, 2025
      • RAUM · $4.4B to $4.9B
        Jul 31, 2024 to Mar 31, 2025
      • Accounts · 2,245 to 3,147
        Mar 30, 2024 to Jul 31, 2024
      • Employees · 4 to 3
        Mar 30, 2024 to Jul 31, 2024
      • Discretionary RAUM · $1.3B to $2.4B
        Mar 30, 2024 to Jul 31, 2024
      • Non-discretionary RAUM · $1.7B to $2.0B
        Mar 30, 2024 to Jul 31, 2024
      • RAUM · $3.0B to $4.4B
        Mar 30, 2024 to Jul 31, 2024
      • Accounts · 1,369 to 2,245
        Mar 30, 2023 to Mar 30, 2024
      • Discretionary RAUM · $868M to $1.3B
        Mar 30, 2023 to Mar 30, 2024
      • Non-discretionary RAUM · $1.4B to $1.7B
        Mar 30, 2023 to Mar 30, 2024
      • RAUM · $2.2B to $3.0B
        Mar 30, 2023 to Mar 30, 2024
      • Accounts · 1,365 to 1,369
        Nov 14, 2022 to Mar 30, 2023
      • Employees · 3 to 4
        Nov 14, 2022 to Mar 30, 2023
      • Discretionary RAUM · $860M to $868M
        Nov 14, 2022 to Mar 30, 2023
      • Non-discretionary RAUM · $1.3B to $1.4B
        Nov 14, 2022 to Mar 30, 2023
      • RAUM · $2.2B to $2.2B
        Nov 14, 2022 to Mar 30, 2023
      • Accounts · 809 to 1,365
        Mar 30, 2022 to Nov 14, 2022
      • Discretionary RAUM · $31.9M to $860M
        Mar 30, 2022 to Nov 14, 2022
      • Non-discretionary RAUM · $801M to $1.3B
        Mar 30, 2022 to Nov 14, 2022
      • RAUM · $832M to $2.2B
        Mar 30, 2022 to Nov 14, 2022
      • Accounts · 551 to 809
        Aug 23, 2021 to Mar 30, 2022
      • Discretionary RAUM · $5.1M to $31.9M
        Aug 23, 2021 to Mar 30, 2022
      • Non-discretionary RAUM · $741M to $801M
        Aug 23, 2021 to Mar 30, 2022
      • RAUM · $746M to $832M
        Aug 23, 2021 to Mar 30, 2022
      • Accounts · 367 to 551
        Mar 31, 2020 to Mar 31, 2021
      • Employees · 4 to 3
        Mar 31, 2020 to Mar 31, 2021
      • Discretionary RAUM · $3.9M to $5.1M
        Mar 31, 2020 to Mar 31, 2021
      • Non-discretionary RAUM · $728M to $741M
        Mar 31, 2020 to Mar 31, 2021
      • RAUM · $732M to $746M
        Mar 31, 2020 to Mar 31, 2021
      • Accounts · 14 to 367
        Oct 23, 2019 to Mar 31, 2020
      • Corporate clients · 1 to 0
        Oct 23, 2019 to Mar 31, 2020
      • Discretionary RAUM · $3.2M to $3.9M
        Oct 23, 2019 to Mar 31, 2020
      • Non-discretionary RAUM · $746M to $728M
        Oct 23, 2019 to Mar 31, 2020
      Signals
      5 dated events
      • Applied Finance Capital Management, Llc reported RAUM $4.4B, up 46% from $3.0B (2024-03-30 to 2024-07-31)
        Jul 31, 2024 · RAUM change · derived
      • Applied Finance Capital Management, Llc reported RAUM $3.0B, up 35% from $2.2B (2023-03-30 to 2024-03-30)
        Mar 30, 2024 · RAUM change · derived
      • Applied Finance Capital Management, Llc reported RAUM $2.2B, up 164% from $832.4M (2022-03-30 to 2022-11-14)
        Nov 14, 2022 · RAUM change · derived
      • Applied Finance Capital Management, Llc reported RAUM $749.2M, up 30% from $574.3M (2019-04-03 to 2019-10-23)
        Oct 23, 2019 · RAUM change · derived
      • The Applied Finance Group International, Llc filed its initial SEC registration (Form ADV)
        May 21, 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
      appliedfinance.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      800-673-0400reportedpublic record, Form ADV, Mar 30, 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026