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

Grove

Former SEC-registered adviserSan Francisco, CaliforniaCRD 281084SEC 801-114503IAPD
Legal name Grove Advisors LLC
Latest filing Apr 30, 2019
First filing on the tape Nov 28, 2018 · 5 filings
RAUM
$4.0M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$4.0M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
17
8 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$4.0M as of Apr 30, 2019
Nov 28, 2018$3.2M then
HNW client RAUM$1.9M as of Apr 30, 2019
Nov 28, 2018$3.0M then
State-registered IARs (5.B.3)8 as of Apr 30, 2019
Nov 28, 20187 then
Employees (5.A)17 as of Apr 30, 2019
Nov 28, 201813 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Apr 30, 2019; every figure names its basis
RAUM per advisor
$500,000derivedRAUM 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
$95,238derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.1derivedItem 5.A over advisors
Advisors per office
4.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween 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, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, otherreportedItem 5.G
Wrap fee program
$4.0MreportedItem 5.I
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
  • Individuals$2.1M53%
  • High-net-worth individuals$1.9M48%
Individual clients
18reported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
42reported
Financial planning clients
101-250reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
    • R Christopher Doyle · Chief Investment Officer And Chief Compliance Officercontrol
      since 07/2015 · owns less than 5%
    • Worthington Christopher Hutchins · Chief Executive Officercontrol
      since 07/2015 · owns less than 5%
    • R Christopher Doyle · Chief Financial Officercontrol
      since 04/2016 · owns 25% to 50% of Grove Holdings Inc.
    • Worthington Christopher Hutchins · Chief Executive Officercontrol
      since 04/2016 · owns 25% to 50% of Grove Holdings Inc.
    Entity owners
    • Grove Holdings Inc. · Managing Memeber
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 28 to 42
      Jan 25, 2019 to Mar 28, 2019
    • Advisory employees · 7 to 8
      Jan 25, 2019 to Mar 28, 2019
    • Individual clients · 16 to 18
      Jan 25, 2019 to Mar 28, 2019
    • Financial planning clients · 26-50 to 101-250
      Jan 25, 2019 to Mar 28, 2019
    • State-registered IARs · 7 to 8
      Jan 25, 2019 to Mar 28, 2019
    • Discretionary RAUM · $3.2M to $4.0M
      Jan 25, 2019 to Mar 28, 2019
    • HNW RAUM · $1.1M to $1.9M
      Jan 25, 2019 to Mar 28, 2019
    • Individual RAUM · $2.0M to $2.1M
      Jan 25, 2019 to Mar 28, 2019
    • RAUM · $3.2M to $4.0M
      Jan 25, 2019 to Mar 28, 2019
    • Accounts · 3 to 28
      Nov 29, 2018 to Jan 25, 2019
    • HNW clients · 2.0 to unset
      Nov 29, 2018 to Jan 25, 2019
    • Individual clients · 1 to 16
      Nov 29, 2018 to Jan 25, 2019
    • Employees · 13 to 17
      Nov 29, 2018 to Jan 25, 2019
    • HNW RAUM · $3.0M to $1.1M
      Nov 29, 2018 to Jan 25, 2019
    • Individual RAUM · $200,000 to $2.0M
      Nov 29, 2018 to Jan 25, 2019
    Signals
    1 dated events
    • Grove filed its initial SEC registration (Form ADV)
      Nov 28, 2018 · 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.
    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