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.

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Former SEC-registered adviser

R•••• S•••••••• • A••••••••• L••

Former SEC-registered adviserCincinnati, OhioCRD 25440SEC 801-78513IAPD
Latest filing Mar 31, 2021
First filing on the tape Mar 28, 2012 · 47 filings
RAUM
$354M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$348M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
47 filings and snapshots on the tape
RAUM$354M as of Mar 31, 2021
Mar 28, 2012$44.6M then
HNW client RAUM$210M as of Mar 31, 2021
Feb 9, 2018$170M then
State-registered IARs (5.B.3)4 as of Mar 31, 2021
Mar 28, 20120 then
Employees (5.A)7 as of Mar 31, 2021
Mar 10, 20148 then
Private funds: no history
RAUM -58% over the last fiscal year-18% a year over threeIARs 17 to 4offices 4 to 1
Practice profile
derived from the filing of Mar 31, 2021; every figure names its basis
RAUM per advisor
$88.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
200derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.8MderivedHNW RAUM over HNW clients
Average account
$437,577derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
2.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-58%derivedbetween the last two annual amendments
Advisor growth, one year
-76%derivedItem 5.B.3 between annual amendments
Client growth, one year
-31%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisers, otherreportedItem 5.G
Wrap fee program
$21.7MreportedItem 5.I
Ownership
controlled by a public reporting companyderived
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)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$210M59%
  • Individuals$138M39%
  • Charitable organizations$5.1M1.4%
  • Pension and profit-sharing plans$423,5660.1%
  • Corporations and businesses$101,0420.0%
Individual clients
684reported
HNW clients
116reported
Pension plan clients
n/areported
Charitable clients
5reported
Accounts
808reported
Financial planning clients
1-10reported
Wrap fee programs
$21.7M 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
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
  • S••••••••• M••••• · Owner/Founder/Ccocontrol
    since 01/2008 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Advisers that list R•••• S•••••••• • A••••••••• L•• as a related person
Offices
Schedule D 1.F, the 25 largest
  • Dayton, OH1 employees
What changed
consecutive filings, newest first
  • Accounts · 816 to 808
    Sep 29, 2020 to Mar 31, 2021
  • Charity clients · unset to 5.0
    Sep 29, 2020 to Mar 31, 2021
  • HNW clients · 101 to 116
    Sep 29, 2020 to Mar 31, 2021
  • Individual clients · 708 to 684
    Sep 29, 2020 to Mar 31, 2021
  • Assets in custody · $65.1M to $62.1M
    Sep 29, 2020 to Mar 31, 2021
  • Discretionary RAUM · $319M to $354M
    Sep 29, 2020 to Mar 31, 2021
  • HNW RAUM · $178M to $210M
    Sep 29, 2020 to Mar 31, 2021
  • Individual RAUM · $136M to $138M
    Sep 29, 2020 to Mar 31, 2021
  • Pension RAUM · $417,225 to $423,566
    Sep 29, 2020 to Mar 31, 2021
  • RAUM · $319M to $354M
    Sep 29, 2020 to Mar 31, 2021
  • Related adviser · true to false
    Sep 29, 2020 to Mar 31, 2021
  • Wrap assets (sponsor) · $18.9M to $21.7M
    Sep 29, 2020 to Mar 31, 2021
  • Accounts · 803 to 816
    Sep 16, 2020 to Sep 29, 2020
  • Advisory employees · 5 to 4
    Sep 16, 2020 to Sep 29, 2020
  • HNW clients · 73 to 101
    Sep 16, 2020 to Sep 29, 2020
  • Individual clients · 836 to 708
    Sep 16, 2020 to Sep 29, 2020
  • Employees · 8 to 7
    Sep 16, 2020 to Sep 29, 2020
  • State-registered IARs · 5 to 4
    Sep 16, 2020 to Sep 29, 2020
  • Discretionary RAUM · $398M to $319M
    Sep 16, 2020 to Sep 29, 2020
  • HNW RAUM · $168M to $178M
    Sep 16, 2020 to Sep 29, 2020
  • Individual RAUM · $192M to $136M
    Sep 16, 2020 to Sep 29, 2020
  • Pension RAUM · $26.0M to $417,225
    Sep 16, 2020 to Sep 29, 2020
  • RAUM · $398M to $319M
    Sep 16, 2020 to Sep 29, 2020
  • Wrap assets (sponsor) · $19.9M to $18.9M
    Sep 16, 2020 to Sep 29, 2020
  • Accounts · 1,617 to 803
    Jun 29, 2020 to Sep 16, 2020
  • Advisory employees · 11 to 5
    Jun 29, 2020 to Sep 16, 2020
  • BD registered reps · 20 to 0
    Jun 29, 2020 to Sep 16, 2020
  • HNW clients · 94 to 73
    Jun 29, 2020 to Sep 16, 2020
  • Individual clients · 1,073 to 836
    Jun 29, 2020 to Sep 16, 2020
  • Commission compensation · true to false
    Jun 29, 2020 to Sep 16, 2020
  • Employees · 20 to 8
    Jun 29, 2020 to Sep 16, 2020
  • State-registered IARs · 17 to 5
    Jun 29, 2020 to Sep 16, 2020
  • Discretionary RAUM · $803M to $398M
    Jun 29, 2020 to Sep 16, 2020
  • HNW RAUM · $207M to $168M
    Jun 29, 2020 to Sep 16, 2020
  • Individual RAUM · $264M to $192M
    Jun 29, 2020 to Sep 16, 2020
  • Non-discretionary RAUM · $31.4M to $0
    Jun 29, 2020 to Sep 16, 2020
  • RAUM · $835M to $398M
    Jun 29, 2020 to Sep 16, 2020
  • Wrap assets (manager) · $326M to $0
    Jun 29, 2020 to Sep 16, 2020
  • Other offices · 4 to 1
    Feb 26, 2020 to Jun 29, 2020
  • Related broker-dealer · true to false
    Feb 26, 2020 to Jun 29, 2020
Signals
6 dated events
  • R•••• S•••••••• • A••••••••• L•• reported 5 state-registered advisory representatives, down from 17 (2020-06-29 to 2020-09-16)
    Sep 16, 2020 · Advisor headcount change · derived
  • R•••• S•••••••• • A••••••••• L•• reported RAUM $397.9M, down 52% from $834.8M (2020-06-29 to 2020-09-16)
    Sep 16, 2020 · RAUM change · derived
  • Fred Thomas Overbeck (Shareholder) no longer on Schedule A of R•••• S•••••••• • A••••••••• L•• (listed 2020-06-29, absent 2020-09-16)
    Sep 16, 2020 · Control person left · inference
  • Larry Nelson Jr Taul (Shareholder) no longer on Schedule A of R•••• S•••••••• • A••••••••• L•• (listed 2020-06-29, absent 2020-09-16)
    Sep 16, 2020 · Control person left · inference
  • R•••• S•••••••• • A••••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Feb 23, 2016 · Succession (Item 4) · fact
  • R•••• S•••••••• • A••••••••• L•• filed its initial SEC registration (Form ADV)
    Aug 23, 2013 · ria f•••• adv filing · 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