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
Capital Asset Management, LLC
Latest filing Mar 23, 2026
First filing on the tape Mar 1, 2022 · 13 filings
SEC status approved since Apr 5, 2022
RAUM
$209M
reported, Item 5.F
Discretionary
83%
of RAUM
Private clients
83%
$173M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$52.2M
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$209M as of Mar 23, 2026
Mar 30, 2023$120M then
HNW client RAUM$143M as of Mar 23, 2026
Mar 30, 2023$100M then
State-registered IARs (5.B.3)4 as of Mar 23, 2026
Mar 30, 20233 then
Employees (5.A)5 as of Mar 23, 2026
Mar 30, 20233 then
Private funds: no history
RAUM +10% over the last fiscal year+20% a year over threeIARs 3 to 4
Practice profile
derived from the filing of Mar 23, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- RAUM per advisor
- $52.2MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 40derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.1MderivedHNW RAUM over HNW clients
- Average account
- $614,154derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 83%derivedof RAUM
- Institutional
- 17%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 1.3derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +10%derivedbetween the last two annual amendments
- Advisor growth, one year
- +33%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +0.0%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for individuals, pension consulting, selection of other advisersreportedItem 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
- High-net-worth individuals$143M68%
- Pension and profit-sharing plans$35.8M17%
- Individuals$30.2M14%
- Individual clients
- 114reported
- HNW clients
- 46reported
- Pension plan clients
- 2reported
- Charitable clients
- n/areported
- Accounts
- 340reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.83 fund_share=0.0 institutional_share=0.17 related_bd=true related_bank=false bd_reps=2.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Matthew David Hickey | Denver, Co | Aug 17, 2016 | 42 y | 3 |
| Joseph Charles Maslowski | Ridgway, Co | Feb 15, 2018 | 28 y | 3 |
| Kathleen Diane Osborne-Davis | Baton Rouge, La | Jun 24, 2019 | 27 y | 1 |
| Chad Gregory Hume | Denver, Co | Feb 10, 2026 | 12 y | 0 |
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 headcount0 left over 36 months
Left, latest
- Terry Morris Anderson to Maia WealthApr 27, 2020 · RIA to RIA
- Gustavo Gonzalez to Integrated Financial Management, LLCFeb 13, 2020 · RIA to a state-registered adviser
Joined, latest
- Kathleen Diane Osborne-Davis from Valic Financial Advisors, Inc.Jun 24, 2019 · Other
- Joseph Charles Maslowski from J.P. Morgan Securities LLCFeb 15, 2018 · Wirehouse to independent RIA
- Terry Morris Anderson from First Allied Advisory Services, Inc.Jun 9, 2017 · Affiliated broker-dealer or bank to independent RIA
- Gustavo Gonzalez from First Allied Advisory Services, Inc.Mar 6, 2017 · Affiliated broker-dealer or bank to independent RIA
- Matthew David Hickey from First Allied Advisory Services, Inc.Aug 17, 2016 · Affiliated broker-dealer or bank to independent RIA
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- David Matthew Hickey · Managing Member (Sole)/Chief Compliance Officercontrolsince 07/2016 · owns 75% or more
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 |
|---|---|---|---|---|---|
| Denver, Co · principal | 4 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- affiliate changedChange between filings · filing Mar 23, 2026broker-dealer affiliate (Item 7.A.1): no on the filing of 2025-03-28, yes on the filing of 2026-03-23peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
- Accounts · 369 to 340Mar 28, 2025 to Mar 23, 2026
- Advisory employees · 3 to 4Mar 28, 2025 to Mar 23, 2026
- Pension plan clients · unset to 2.0Mar 28, 2025 to Mar 23, 2026
- Employees · 3 to 5Mar 28, 2025 to Mar 23, 2026
- State-registered IARs · 3 to 4Mar 28, 2025 to Mar 23, 2026
- Discretionary RAUM · $160M to $173MMar 28, 2025 to Mar 23, 2026
- HNW RAUM · $130M to $143MMar 28, 2025 to Mar 23, 2026
- Individual RAUM · $30.0M to $30.2MMar 28, 2025 to Mar 23, 2026
- Non-discretionary RAUM · $29.5M to $35.8MMar 28, 2025 to Mar 23, 2026
- Pension RAUM · $29.5M to $35.8MMar 28, 2025 to Mar 23, 2026
- RAUM · $190M to $209MMar 28, 2025 to Mar 23, 2026
- Related broker-dealer · false to trueMar 28, 2025 to Mar 23, 2026
- Accounts · 170 to 369Oct 24, 2024 to Mar 28, 2025
- Corporate clients · 3.0 to unsetOct 24, 2024 to Mar 28, 2025
- HNW clients · 42 to 46Oct 24, 2024 to Mar 28, 2025
- Individual clients · 125 to 114Oct 24, 2024 to Mar 28, 2025
- Financial planning clients · unset to Oct 24, 2024 to Mar 28, 2025
- Discretionary RAUM · $150M to $160MOct 24, 2024 to Mar 28, 2025
- HNW RAUM · $115M to $130MOct 24, 2024 to Mar 28, 2025
- Individual RAUM · $34.9M to $30.0MOct 24, 2024 to Mar 28, 2025
- Non-discretionary RAUM · $33.9M to $29.5MOct 24, 2024 to Mar 28, 2025
- Pension RAUM · unset to 29490049.0Oct 24, 2024 to Mar 28, 2025
- RAUM · $184M to $190MOct 24, 2024 to Mar 28, 2025
- Advisory employees · 2 to 3Apr 1, 2024 to Apr 16, 2024
- Corporate clients · 0 to 3Apr 1, 2024 to Apr 16, 2024
- HNW clients · 0 to 42Apr 1, 2024 to Apr 16, 2024
- Individual clients · 167 to 125Apr 1, 2024 to Apr 16, 2024
- Employees · 2 to 3Apr 1, 2024 to Apr 16, 2024
- State-registered IARs · 2 to 3Apr 1, 2024 to Apr 16, 2024
- Discretionary RAUM · $176M to $150MApr 1, 2024 to Apr 16, 2024
- HNW RAUM · $0 to $115MApr 1, 2024 to Apr 16, 2024
- Individual RAUM · $176M to $34.9MApr 1, 2024 to Apr 16, 2024
- RAUM · $210M to $184MApr 1, 2024 to Apr 16, 2024
- Accounts · 430 to 170Oct 6, 2023 to Apr 1, 2024
- Advisory employees · 3 to 2Oct 6, 2023 to Apr 1, 2024
- Corporate clients · 2 to 0Oct 6, 2023 to Apr 1, 2024
- HNW clients · 43 to 0Oct 6, 2023 to Apr 1, 2024
- Individual clients · 139 to 167Oct 6, 2023 to Apr 1, 2024
- Employees · 3 to 2Oct 6, 2023 to Apr 1, 2024
- State-registered IARs · 3 to 2Oct 6, 2023 to Apr 1, 2024
Signals
1 dated events
- Capital Asset Management, Llc filed its initial SEC registration (Form ADV)Mar 1, 2022 · 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
- Business email
- kdavis@capasset.netreportedpublished by the firm, firm site, Sep 16, 2026
- Business email
- smadeo@capasset.netreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 225-803-9506reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 303-832-7770reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 303-884-3023reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- CAPASSET.NETreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 303-832-7770reportedpublic record, Form ADV, Mar 23, 2026
- Contact form
- capasset.net/contactreportedpublished by the firm, firm site, Sep 16, 2026
- Team page
- capasset.net/our-teamreportedpublished by the firm, firm site, Sep 16, 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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $52.2Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026