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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SEC-registered adviser

A•••• • C••

Wealth manager with institutional or fund businessMiami, FloridaCRD 284812SEC 801-114763websiteIAPD
Legal name A•••• • C••••••• L•••
Latest filing Apr 16, 2026
First filing on the tape Jan 30, 2019 · 22 filings
SEC status approved since Mar 1, 2019
RAUM
$353M
reported, Item 5.F
Discretionary
40%
of RAUM
Private clients
36%
$126M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$353M
derived; firm RAUM over IAPD count
Employees
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$353M as of Apr 16, 2026
Mar 16, 2020$157M then
HNW client RAUM$92.4M as of Apr 16, 2026
Mar 16, 2020$62.8M then
State-registered IARs (5.B.3)1 as of Apr 16, 2026
Mar 16, 20201 then
Employees (5.A)3 as of Apr 16, 2026
Mar 16, 20201 then
Private funds: no history
RAUM -6.3% over the last fiscal year+9.3% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Apr 16, 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
$353MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
97derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$2.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
40%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-6.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+70%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, publicationsreportedItem 5.G
Custody
$353M, 125 clientsreportedItem 9.A
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Corporations and businesses$227M64%
  • High-net-worth individuals$92.4M26%
  • Individuals$33.8M9.6%
Individual clients
56reported
HNW clients
41reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
125reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$353M for 125 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.36 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S••• N•• E••••Miami, FlJun 20, 201710 y0
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • E••••• S•••• N•• · Managing Membercontrol
        since 05/2016 · owns 75% or more
      • H•••• H••••••• J•• · Chief Compliance Officercontrol
        since 07/2019 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      4 against comparable advisers; where to look, not conclusions
      • wealth to institutional shiftCombination · filing Apr 16, 2026
        private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $376,826,611 to $353,171,275, advisors 1 to 1, private clients 57 to 97, offices 0 to 0 (2025-03-24 to 2026-04-16)
        peers: independent wealth managers, $100M to $500M (5,678)
      • client mix shiftChange between filings · filing Apr 16, 2026
        private-client share of RAUM moved from 85.0% to 36.0% between the annual amendments of 2025-03-24 and 2026-04-16
        peers: independent wealth managers, $100M to $500M (5,678)
      • HNW share shiftChange between filings · filing Apr 16, 2026
        HNW share of RAUM moved from 85.0% to 26.0% between the annual amendments of 2025-03-24 and 2026-04-16
        peers: independent wealth managers, $100M to $500M (5,678)
      • institutional asset share shiftChange between filings · filing Apr 16, 2026
        institutional share of RAUM moved from 15.0% to 64.0% between the annual amendments of 2025-03-24 and 2026-04-16
        peers: independent wealth managers, $100M to $500M (5,678)
      What changed
      consecutive filings, newest first
      • Accounts · 130 to 125
        Mar 24, 2025 to Mar 30, 2026
      • Corporate clients · 20 to 28
        Mar 24, 2025 to Mar 30, 2026
      • HNW clients · 38 to 41
        Mar 24, 2025 to Mar 30, 2026
      • Individual clients · 19 to 56
        Mar 24, 2025 to Mar 30, 2026
      • Assets in custody · $0 to $353M
        Mar 24, 2025 to Mar 30, 2026
      • Discretionary RAUM · $197M to $143M
        Mar 24, 2025 to Mar 30, 2026
      • HNW RAUM · $319M to $92.4M
        Mar 24, 2025 to Mar 30, 2026
      • Individual RAUM · $2.4M to $33.8M
        Mar 24, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $180M to $211M
        Mar 24, 2025 to Mar 30, 2026
      • RAUM · $377M to $353M
        Mar 24, 2025 to Mar 30, 2026
      • Accounts · 121 to 130
        Apr 24, 2024 to Mar 24, 2025
      • Corporate clients · 18 to 20
        Apr 24, 2024 to Mar 24, 2025
      • HNW clients · 33 to 38
        Apr 24, 2024 to Mar 24, 2025
      • Individual clients · 17 to 19
        Apr 24, 2024 to Mar 24, 2025
      • Financial planning clients · unset to
        Apr 24, 2024 to Mar 24, 2025
      • Discretionary RAUM · $162M to $197M
        Apr 24, 2024 to Mar 24, 2025
      • HNW RAUM · $282M to $319M
        Apr 24, 2024 to Mar 24, 2025
      • Individual RAUM · $2.1M to $2.4M
        Apr 24, 2024 to Mar 24, 2025
      • Non-discretionary RAUM · $171M to $180M
        Apr 24, 2024 to Mar 24, 2025
      • RAUM · $333M to $377M
        Apr 24, 2024 to Mar 24, 2025
      • Accounts · 69 to 121
        Mar 24, 2023 to Mar 28, 2024
      • Corporate clients · 13 to 18
        Mar 24, 2023 to Mar 28, 2024
      • HNW clients · 37 to 33
        Mar 24, 2023 to Mar 28, 2024
      • Individual clients · 15 to 17
        Mar 24, 2023 to Mar 28, 2024
      • Discretionary RAUM · $98.3M to $162M
        Mar 24, 2023 to Mar 28, 2024
      • HNW RAUM · $254M to $282M
        Mar 24, 2023 to Mar 28, 2024
      • Individual RAUM · $1.4M to $2.1M
        Mar 24, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $172M to $171M
        Mar 24, 2023 to Mar 28, 2024
      • RAUM · $271M to $333M
        Mar 24, 2023 to Mar 28, 2024
      • Accounts · 65 to 69
        Jul 7, 2022 to Mar 24, 2023
      • Corporate clients · 11 to 13
        Jul 7, 2022 to Mar 24, 2023
      • HNW clients · 39 to 37
        Jul 7, 2022 to Mar 24, 2023
      • Discretionary RAUM · $292M to $98.3M
        Jul 7, 2022 to Mar 24, 2023
      • HNW RAUM · $306M to $254M
        Jul 7, 2022 to Mar 24, 2023
      • Individual RAUM · $2.2M to $1.4M
        Jul 7, 2022 to Mar 24, 2023
      • Non-discretionary RAUM · $38.0M to $172M
        Jul 7, 2022 to Mar 24, 2023
      • RAUM · $330M to $271M
        Jul 7, 2022 to Mar 24, 2023
      • Employees · 4 to 3
        Jun 7, 2022 to Jul 7, 2022
      • Advisory activities · 4 to 3
        Mar 24, 2022 to Jun 7, 2022
      • Accounts · 55 to 65
        Nov 5, 2021 to Mar 24, 2022
      Signals
      3 dated events
      • A•••• • C•• reported RAUM $268.6M, up 72% from $156.6M (2020-03-16 to 2020-05-14)
        May 14, 2020 · RAUM change · derived
      • Jay H•••••• H••• (Chief Compliance Officer) appeared on Schedule A of A•••• • C••
        May 14, 2020 · Control person joined · fact
      • A•••• • C•• filed its initial SEC registration (Form ADV)
        Jan 30, 2019 · 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
      i•••@a••••.xyzreportedpublished by the firm, firm site, Sep 17, 2026
      Firm profile
      linkedin.com/company/avory-&-co.reportedpublic record, Form ADV, Sep 19, 2026
      Website
      A••••.XYZreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      305-306-9494reportedpublic record, Form ADV, Apr 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
      Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $353Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026