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
Ethic
Legal name Ethic Inc.
Latest filing Aug 28, 2026
First filing on the tape Feb 10, 2016 · 41 filings
SEC status approved since Feb 18, 2016
RAUM
$10B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
3.2%
$328M individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$1.1B
derived; firm RAUM over IAPD count
Employees
75
13 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$10B as of Aug 28, 2026
Jan 23, 2017$1.0M then
HNW client RAUM$264M as of Aug 28, 2026
Mar 22, 2018$3.2M then
State-registered IARs (5.B.3)9 as of Aug 28, 2026
Jan 23, 20171 then
Employees (5.A)75 as of Aug 28, 2026
Jan 23, 20176 then
Private funds: no history
RAUM +71% over the last fiscal year+47% a year over threeIARs 10 to 9offices 1 to 0
Practice profile
derived from the filing of Aug 28, 2026; every figure names its basis
- RAUM per advisor
- $1.1BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 4derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $17.6MderivedHNW RAUM over HNW clients
- Average account
- $2.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 13%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 8.3derivedItem 5.A over advisors
- Advisors per office
- 9.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +32%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, educational seminarsreportedItem 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)
- marketing includes testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Other investment advisers$6.5B64%
- Corporations and businesses$2.0B20%
- Charitable organizations$1.1B11%
- Insurance companies$277M2.7%
- High-net-worth individuals$264M2.6%
- Individuals$64.3M0.6%
- Individual clients
- 18reported
- HNW clients
- 15reported
- Pension plan clients
- 0reported
- Charitable clients
- 28reported
- Accounts
- 3,505reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.03 fund_share=0.64 institutional_share=0.13 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Jane Lee | New York, Ny | Sep 23, 2021 | 10 y | 0 |
| Weitong Zhao | New York, Ny | Oct 26, 2021 | 10 y | 0 |
| Xiaoyue He | New York, Ny | Dec 2, 2024 | 10 y | 0 |
| Linda Victoria Gordeychev | Los Angeles, Ca | Feb 17, 2025 | 12 y | 0 |
| Christine Elizabeth Galeon | New York, Ny | Nov 21, 2025 | 18 y | 0 |
| Ahmed MoawadChartered Financial Analyst | New York, Ny | Nov 21, 2025 | 13 y | 0 |
| Alex Wen | New York, Ny | Nov 24, 2025 | 13 y | 0 |
| Aimei ZhongChartered Financial Analyst | New York, Ny | Dec 4, 2025 | 11 y | 2 |
| Jonathan French | New York, Ny | Aug 4, 2026 | 10 y | 0 |
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 11% of current headcount1 left over 36 months
Left, latest
- Heath Palos to PotomacMar 25, 2026 · Other
Joined, latest
- Aimei Zhong from Missionsquare RetirementDec 4, 2025 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Idalia Alexandra Acosta · Chief Compliance Officercontrolsince 02/2022 · owns less than 5%
- G Stephanie Dimarco · Board Directorcontrolsince 10/2019 · owns less than 5%
- Lisa Jennifer Grancio · Board Directorcontrolsince 10/2019 · owns less than 5%
- John Mair · Chief Product Officer / Co-Foundercontrolsince 03/2016 · owns 5% to 10%
- William Arce Douglas Scott · Chief Executive Officer / Co-Foundercontrolsince 01/2016 · owns 5% to 10%
- William Andrew Adams · Managing Member (Registrant)controlsince 05/2019 · owns 25% to 50% of Oak Hcft Management Company LLC
- Maria Particia Kemp · Managing Member (Registrant)controlsince 05/2019 · owns 25% to 50% of Oak Hcft Management Company LLC
- Huntress Ann Lamont · Executive Managing Member (Registrant)controlsince 05/2019 · owns 25% to 50% of Oak Hcft Management Company LLC
- Churchill John Morris · Ownercontrolsince 05/2018 · owns 75% or more of Nyca Investment Fund III, L.P.
- Kamel Bouraoui · Chief Technology Officersince 08/2016 · owns less than 5%
- Josh Jordan Lipman · Co-Foundersince 01/2016 · owns 5% to 10%
Entity owners
- Nyca Investment Fund III, L.P. · Shareholderdirect · owns 5% to 10%
- Oak Hcft Management Company LLC · Shareholderdirect · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| New York, Ny · principal | 9 | 5 | 1 |
Offices
Schedule D 1.F, the 25 largest
- New York, NY1 employees
What changed
consecutive filings, newest first
- Accounts · 2,936 to 3,505Mar 31, 2026 to Aug 28, 2026
- Advisory employees · 10 to 13Mar 31, 2026 to Aug 28, 2026
- Charity clients · 23 to 28Mar 31, 2026 to Aug 28, 2026
- Corporate clients · 20 to 23Mar 31, 2026 to Aug 28, 2026
- HNW clients · 14 to 15Mar 31, 2026 to Aug 28, 2026
- Individual clients · 13 to 18Mar 31, 2026 to Aug 28, 2026
- Employees · 76 to 75Mar 31, 2026 to Aug 28, 2026
- State-registered IARs · 10 to 9Mar 31, 2026 to Aug 28, 2026
- Discretionary RAUM · $7.8B to $10BMar 31, 2026 to Aug 28, 2026
- HNW RAUM · $132M to $264MMar 31, 2026 to Aug 28, 2026
- Individual RAUM · $35.2M to $64.3MMar 31, 2026 to Aug 28, 2026
- RAUM · $7.8B to $10BMar 31, 2026 to Aug 28, 2026
- Accounts · 2,736 to 2,936Oct 1, 2025 to Mar 31, 2026
- Advisory employees · 8 to 10Oct 1, 2025 to Mar 31, 2026
- Charity clients · 19 to 23Oct 1, 2025 to Mar 31, 2026
- Corporate clients · 17 to 20Oct 1, 2025 to Mar 31, 2026
- HNW clients · 15 to 14Oct 1, 2025 to Mar 31, 2026
- Individual clients · 9 to 13Oct 1, 2025 to Mar 31, 2026
- Employees · 77 to 76Oct 1, 2025 to Mar 31, 2026
- Discretionary RAUM · $7.3B to $7.8BOct 1, 2025 to Mar 31, 2026
- HNW RAUM · $139M to $132MOct 1, 2025 to Mar 31, 2026
- Individual RAUM · $17.2M to $35.2MOct 1, 2025 to Mar 31, 2026
- RAUM · $7.3B to $7.8BOct 1, 2025 to Mar 31, 2026
- Accounts · 2,271 to 2,736Apr 17, 2025 to Oct 1, 2025
- Advisory employees · 10 to 8Apr 17, 2025 to Oct 1, 2025
- Charity clients · 11 to 19Apr 17, 2025 to Oct 1, 2025
- Corporate clients · 16 to 17Apr 17, 2025 to Oct 1, 2025
- HNW clients · unset to 15.0Apr 17, 2025 to Oct 1, 2025
- Individual clients · unset to 9.0Apr 17, 2025 to Oct 1, 2025
- Employees · 76 to 77Apr 17, 2025 to Oct 1, 2025
- Other offices · 1 to 0Apr 17, 2025 to Oct 1, 2025
- Discretionary RAUM · $5.9B to $7.3BApr 17, 2025 to Oct 1, 2025
- HNW RAUM · $92.2M to $139MApr 17, 2025 to Oct 1, 2025
- Individual RAUM · $366,133 to $17.2MApr 17, 2025 to Oct 1, 2025
- RAUM · $5.9B to $7.3BApr 17, 2025 to Oct 1, 2025
- Wrap assets (manager) · 0.0 to unsetApr 17, 2025 to Oct 1, 2025
- Wrap assets (sponsor) · 0.0 to unsetApr 17, 2025 to Oct 1, 2025
- Accounts · 2,014 to 2,271May 31, 2024 to Apr 17, 2025
- Advisory employees · 9 to 10May 31, 2024 to Apr 17, 2025
- Business name · ETHIC INC. to ETHICMay 31, 2024 to Apr 17, 2025
Signals
28 dated events
- Ethic reported RAUM $10.1B, up 29% from $7.8B (2026-03-31 to 2026-08-28)Aug 28, 2026 · RAUM change · derived
- Heath Palos left Ethic for Potomac (registered 2026-09-02)Mar 25, 2026 · Advisor changed firm · fact
- Ethic reported RAUM $4.9B, up 56% from $3.2B (2024-01-25 to 2024-03-29)Mar 29, 2024 · RAUM change · derived
- Ethic reported RAUM $3.2B, up 74% from $1.8B (2023-01-03 to 2023-03-31)Mar 31, 2023 · RAUM change · derived
- Crosby Edward Johnson Iv (Elected Manager) no longer on Schedule A of Ethic (listed 2023-01-03, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Engber Michael Wilens (Elected Manager) no longer on Schedule A of Ethic (listed 2023-01-03, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- John Gerard Mcgraw (Elected Manager) no longer on Schedule A of Ethic (listed 2023-01-03, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Pierrepont Abigail Johnson (Elected Manager) no longer on Schedule A of Ethic (listed 2023-01-03, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Joseph John Remondi (Elected Manager) no longer on Schedule A of Ethic (listed 2023-01-03, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Charles James Curvey (Elected Manager) no longer on Schedule A of Ethic (listed 2023-01-03, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Ethic reported RAUM $1.8B, up 158% from $702.7M (2022-02-08 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- Idalia Alexandra Acosta (Chief Compliance Officer) appeared on Schedule A of EthicFeb 8, 2022 · Control person joined · fact
- Huntress Ann Lamont (Executive Managing Member (Registrant)) appeared on Schedule A of EthicMar 29, 2021 · Control person joined · fact
- William Andrew Adams (Managing Member (Registrant)) appeared on Schedule A of EthicMar 29, 2021 · Control person joined · fact
- Ethic reported RAUM $702.7M, up 52% from $462.7M (2020-11-13 to 2021-03-29)Mar 29, 2021 · RAUM change · derived
- Maria Particia Kemp (Managing Member (Registrant)) appeared on Schedule A of EthicMar 29, 2021 · Control person joined · fact
- Ethic reported RAUM $462.7M, up 119% from $211.4M (2020-06-30 to 2020-11-13)Nov 13, 2020 · RAUM change · derived
- G Stephanie Dimarco (Board Director) appeared on Schedule A of EthicOct 30, 2019 · Control person joined · fact
- Lisa Jennifer Grancio (Board Director) appeared on Schedule A of EthicOct 30, 2019 · Control person joined · fact
- John Gerard Mcgraw (Elected Manager) appeared on Schedule A of EthicSep 3, 2019 · Control person joined · fact
- Ethic reported RAUM $179.9M, up 126% from $79.5M (2019-05-03 to 2019-09-03)Sep 3, 2019 · RAUM change · derived
- Churchill John Morris (Board Director) appeared on Schedule A of EthicSep 3, 2019 · Control person joined · fact
- Charles James Curvey (Elected Manager) appeared on Schedule A of EthicSep 3, 2019 · Control person joined · fact
- Pierrepont Abigail Johnson (Elected Manager) appeared on Schedule A of EthicSep 3, 2019 · Control person joined · fact
- Crosby Edward Johnson Iv (Elected Manager) appeared on Schedule A of EthicSep 3, 2019 · Control person joined · fact
- Joseph John Remondi (Elected Manager) appeared on Schedule A of EthicSep 3, 2019 · Control person joined · fact
- Engber Michael Wilens (Elected Manager) appeared on Schedule A of EthicSep 3, 2019 · Control person joined · fact
- Simplifund Inc. filed its initial SEC registration (Form ADV)Feb 10, 2016 · 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
- Firm profile
- linkedin.com/company/ethicreportedpublic record, Form ADV, Sep 17, 2026
- Website
- ETHIC.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (646) 687-6744reportedpublic record, Form ADV, Aug 28, 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- $1.1Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026