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
Orchard Capital Management, LLC
Latest filing Mar 2, 2026
First filing on the tape Jul 29, 2015 · 39 filings
SEC status approved since Aug 10, 2015
RAUM
$112M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$112M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
39 filings and snapshots on the tape
RAUM$112M as of Mar 2, 2026
Feb 2, 2016$1.2B then
HNW client RAUM$0 as of Mar 2, 2026
Mar 29, 2018$46.5M then
State-registered IARs (5.B.3)2 as of Mar 2, 2026
Feb 2, 20160 then
Employees (5.A)5 as of Mar 2, 2026
Feb 2, 20164 then
Private funds1 as of Mar 29, 2024
Feb 2, 20161 then
RAUM -65% over the last fiscal year-32% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 2, 2026; every figure names its basis
Archetypes, each a printed rule
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $112MderivedRAUM 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
- $3.5MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 2.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 5.0derivedItem 5.A over advisors
- Advisors per office
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -65%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -100%derived
- Compensation
- percentage of assets, fixed fees, otherreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisers, 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Corporations and businesses$54.5M49%
- Pooled investment vehicles$54.3M49%
- Charitable organizations$3.1M2.7%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- n/areported
- Accounts
- 32reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.0 fund_share=0.49 institutional_share=0.03 related_bd=true related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Blake Elliott Harper | Chicago, Il | Dec 9, 2015 | 24 y | 1 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- Gery Joseph Sadzewicz to Sws Partners, LLCJan 25, 2024 · Other
Joined, latest
- Blake Elliott Harper from Clarity Holdings, LLCDec 9, 2015 · Other
Private funds
2 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Orchard Catalytic Fund, LLCno longer reported | Other Private Fund | $5.8M | 2 | Jul 29, 2015 |
| Proof Capital Fund I, LLC | Private Equity Fund | $0 | 5 | Feb 15, 2021 |
Owners and control persons
Schedule A and B, latest filing
- Paul Joshua Fairbank · Managinmg Membercontrolsince 12/2014 · owns 50% to 75%
- Elliott Blake Harper · Managing Membercontrolsince 12/2014 · owns 50% to 75%
- Paul Joshua Fairbank · Membercontrolsince 12/2021 · owns 50% to 75% of Ocm Partners, LLC
- Elliott Blake Harper · Membercontrolsince 12/2021 · owns 50% to 75% of Ocm Partners, LLC
- Valencia Michael · Membersince 12/2014 · owns less than 5%
- Joseph Gery Sadzewicz · Chief Compliance Officersince 06/2015 · owns less than 5%
Entity owners
- Ocm Partners, LLC · Ownerdirect · owns 75% or more
Related persons
Schedule D 7.A
- Forestview Wealth Management, LLCinvestment advisery
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Chicago, Il · principal | 1 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- institutional asset share shiftChange between filings · filing Mar 2, 2026institutional share of RAUM moved from 11.0% to 51.0% between the annual amendments of 2025-03-20 and 2026-03-02peers: other advisers, $100M to $500M (212)
- RAUM down 50 %Change between filings · filing Mar 2, 2026RAUM (Item 5.F) moved from $321,870,000 to $111,840,000 (-65.0%) between the annual amendments of 2025-03-20 and 2026-03-02; the peer median change was +8.0% (161 comparable advisers, 3.0th percentile of changes)peers: other advisers, $100M to $500M (161) · 2.5% percentile
What changed
consecutive filings, newest first
- Accounts · 29 to 32Aug 20, 2025 to Mar 2, 2026
- Charity clients · 0.0 to unsetAug 20, 2025 to Mar 2, 2026
- HNW clients · 1 to 0Aug 20, 2025 to Mar 2, 2026
- Pooled vehicle clients · 0 to 1Aug 20, 2025 to Mar 2, 2026
- Discretionary RAUM · $322M to $112MAug 20, 2025 to Mar 2, 2026
- HNW RAUM · $21.3M to $0Aug 20, 2025 to Mar 2, 2026
- Pooled vehicle RAUM · $0 to $54.3MAug 20, 2025 to Mar 2, 2026
- RAUM · $322M to $112MAug 20, 2025 to Mar 2, 2026
- Financial planning clients · 0 to 0Mar 20, 2025 to Aug 20, 2025
- Accounts · 31 to 29Dec 9, 2024 to Mar 20, 2025
- Pooled vehicle clients · 1 to 0Dec 9, 2024 to Mar 20, 2025
- State-registered IARs · 1 to 2Dec 9, 2024 to Mar 20, 2025
- Discretionary RAUM · $371M to $322MDec 9, 2024 to Mar 20, 2025
- HNW RAUM · $58.7M to $21.3MDec 9, 2024 to Mar 20, 2025
- RAUM · $371M to $322MDec 9, 2024 to Mar 20, 2025
- Private funds · 1 to unsetApr 29, 2024 to Dec 9, 2024
- Accounts · 35 to 31Jan 22, 2024 to Mar 29, 2024
- Corporate clients · 1 to 0Jan 22, 2024 to Mar 29, 2024
- HNW clients · 2 to 1Jan 22, 2024 to Mar 29, 2024
- State-registered IARs · 2 to 1Jan 22, 2024 to Mar 29, 2024
- Discretionary RAUM · $356M to $371MJan 22, 2024 to Mar 29, 2024
- HNW RAUM · $9.9M to $58.7MJan 22, 2024 to Mar 29, 2024
- Non-discretionary RAUM · $600,000 to $0Jan 22, 2024 to Mar 29, 2024
- Pooled vehicle RAUM · $307M to $0Jan 22, 2024 to Mar 29, 2024
- RAUM · $356M to $371MJan 22, 2024 to Mar 29, 2024
- Discretionary RAUM · $356M to $356MFeb 21, 2023 to Mar 24, 2023
- Pooled vehicle RAUM · $307M to $307MFeb 21, 2023 to Mar 24, 2023
- RAUM · $356M to $356MFeb 21, 2023 to Mar 24, 2023
- Discretionary RAUM · $404M to $356MJan 26, 2023 to Feb 21, 2023
- HNW RAUM · $11.2M to $9.9MJan 26, 2023 to Feb 21, 2023
- Non-discretionary RAUM · $800,000 to $600,000Jan 26, 2023 to Feb 21, 2023
- Pooled vehicle RAUM · $353M to $307MJan 26, 2023 to Feb 21, 2023
- RAUM · $405M to $356MJan 26, 2023 to Feb 21, 2023
- Related broker-dealer · false to trueSep 22, 2022 to Oct 18, 2022
- Discretionary RAUM · $413M to $404MMar 29, 2022 to Jun 23, 2022
- Pooled vehicle RAUM · $362M to $353MMar 29, 2022 to Jun 23, 2022
- RAUM · $414M to $405MMar 29, 2022 to Jun 23, 2022
- Accounts · 30 to 35Jul 2, 2021 to Mar 29, 2022
- Employees · 7 to 5Jul 2, 2021 to Mar 29, 2022
- State-registered IARs · 1 to 2Jul 2, 2021 to Mar 29, 2022
Signals
5 dated events
- Orchard Capital Management, Llc reported RAUM $111.8M, down 65% from $321.9M (2025-08-20 to 2026-03-02)Mar 2, 2026 · RAUM change · derived
- Gery Joseph Sadzewicz left Orchard Capital Management, Llc for Sws Partners, Llc (registered 2015-10-15)Jan 25, 2024 · Advisor changed firm · fact
- Orchard Capital Management, Llc reported RAUM $413.6M, up 54% from $268.6M (2021-07-02 to 2022-03-29)Mar 29, 2022 · RAUM change · derived
- Orchard Capital Management, Llc reported RAUM $268.6M, up 178% from $96.5M (2021-02-17 to 2021-03-22)Mar 22, 2021 · RAUM change · derived
- Orchard Capital Management, Llc filed its initial SEC registration (Form ADV)Jul 29, 2015 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Orchard Capital Management, LLC · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- LINKEDIN.COM/COMPANY/10236794reportedpublic record, Form ADV, Sep 17, 2026
- Website
- orchardinvestments.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 312-628-6700reportedpublic record, Form ADV, Mar 2, 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
- $112Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026