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
Vanguard Personalized Indexing Management
Latest filing Jul 22, 2026
First filing on the tape Nov 26, 2018 · 34 filings
SEC status approved since Jan 30, 2019
RAUM
$11B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$2.2M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$1.9B
derived; firm RAUM over IAPD count
Employees
39
6 advisory (5.B.1)
Offices
7
beyond the principal office
Private funds
0
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$11B as of Jul 22, 2026
Mar 30, 2019$210M then
HNW client RAUM$2.2M as of Jul 22, 2026
Mar 30, 2019$176M then
State-registered IARs (5.B.3)6 as of Jul 22, 2026
Mar 30, 20193 then
Employees (5.A)39 as of Jul 22, 2026
Mar 30, 20195 then
Private funds: no history
RAUM +56% over the last fiscal year+61% a year over threeIARs 4 to 6offices 5 to 7
Practice profile
derived from the filing of Jul 22, 2026; every figure names its basis
- RAUM per advisor
- $1.9BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 0derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.2MderivedHNW RAUM over HNW clients
- Average account
- $2.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 6.5derivedItem 5.A over advisors
- Advisors per office
- 0.8derived8 offices incl. principal (1.F.5)
- RAUM growth, one year
- +56%derivedbetween the last two annual amendments
- Advisor growth, one year
- +25%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -50%derived
- Compensation
- percentage of assets, hourlyreportedItem 5.E
- Advisory activities
- portfolio management for individuals, otherreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Ownership
- controlled by a public reporting companyderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- 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)
- controlled by a public reporting company (10.A)
- 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$11B99%
- Corporations and businesses$65.7M0.6%
- High-net-worth individuals$2.2M0.0%
- Individual clients
- 0reported
- HNW clients
- 1reported
- Pension plan clients
- 0reported
- Charitable clients
- n/areported
- Accounts
- 4,085reported
- Financial planning clients
- 0reported
- Wrap fee programs
- $0 sponsored, $2.5M managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, hourlyreported
- Class basis
- private_client_share=0.0 fund_share=0.99 institutional_share=0.0 related_bd=true related_bank=true bd_reps=15.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Sherwood Yuen | Oakland, Ca | Jul 19, 2019 | 23 y | 0 |
| Michael Joseph MorrisseyCertified Financial Planner | Oakland, Ca | Jun 20, 2024 | 18 y | 0 |
| Benjamin Ronald HammerChartered Financial Analyst | Oakland, Ca | Jul 31, 2024 | 20 y | 0 |
| Vernita Morrissa ExumChartered Financial Analyst | Oakland, Ca | Jan 3, 2025 | 24 y | 0 |
| Patrick Joseph McdermottCertified Financial Planner, Chartered Financial Analyst | Oakland, Ca | Apr 7, 2025 | 27 y | 2 |
| John Graham Harris | Malvern, Pa | Jul 22, 2026 | 12 y | 1 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- John Graham Harris from Vanguard Advisers, Inc.Jul 22, 2026 · Other
- Patrick Joseph Mcdermott from Legacy Advisors, LLCApr 7, 2025 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- John Matthew Benchener · Chairman & Managercontrolsince 04/2022 · owns less than 5%
- Edmund John Bisordi · Managercontrolsince 01/2022 · owns less than 5%
- Clark Matthew Brancato · Managercontrolsince 04/2022 · owns less than 5%
- Ann Karin Risi · Managercontrolsince 04/2022 · owns less than 5%
- Thomas Michael Rollings · Managercontrolsince 04/2022 · owns less than 5%
- Christopher Marc Stewart · Chief Compliance Officercontrolsince 08/2023 · owns less than 5%
Entity owners
- Just Invest Systems, Inc. · Stockholderdirect · owns 75% or more
- Raisonnable Inc. · Stockholderindirect · owns 75% or more of Just Invest Systems, Inc.
- Vanguard Group Inc · Stockholderindirect · owns 75% or more of Raisonnable Inc.
- Vanguard Index Funds · Stockholderindirect · owns 25% to 50% of Vanguard Group Inc
Related persons
Schedule D 7.A
- Vanguard Group Incinvestment adviserbankpooled vehicle sponsoryRAUM $11093B
- Vanguard Advisers, Inc.investment advisernRAUM $345B
- Vanguard Fiduciary Trust Companypooled vehicle sponsorn
- Vanguard Global Advisers, LLCinvestment advisernRAUM $250B
- Vanguard Marketing Corporationbroker-dealern
- Vanguard National Trust Company, N.A.n
- Vgi Insurance, Inc.real estaten
Advisers that list Vanguard Personalized Indexing Management as a related person
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Oakland, Ca · principal | 6 | 1 | 0 | ||
| Malvern, Pa | 2 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
- Malvern, PA
- Scottsdale, AZ
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- business activity changedChange between filings · filing Jul 22, 2026financial planning (Item 5.G.1): yes on the filing of 2026-03-30, no on the filing of 2026-07-22peers: asset managers, $5B to $20B (684)
What changed
consecutive filings, newest first
- Advisory employees · 5 to 6Mar 30, 2026 to Jul 22, 2026
- Advisory activities · 3 to 2Mar 30, 2026 to Jul 22, 2026
- Financial planning clients · 1-10 to 0Mar 30, 2026 to Jul 22, 2026
- State-registered IARs · 5 to 6Mar 30, 2026 to Jul 22, 2026
- Other offices · 6 to 7Mar 30, 2026 to Jul 22, 2026
- Accounts · 2,864 to 4,085Feb 2, 2026 to Mar 30, 2026
- Advisory employees · 4 to 5Feb 2, 2026 to Mar 30, 2026
- BD registered reps · 2 to 15Feb 2, 2026 to Mar 30, 2026
- Corporate clients · 0 to 1Feb 2, 2026 to Mar 30, 2026
- HNW clients · 2 to 1Feb 2, 2026 to Mar 30, 2026
- Employees · 29 to 39Feb 2, 2026 to Mar 30, 2026
- State-registered IARs · 4 to 5Feb 2, 2026 to Mar 30, 2026
- Other offices · 5 to 6Feb 2, 2026 to Mar 30, 2026
- Discretionary RAUM · $7.3B to $11BFeb 2, 2026 to Mar 30, 2026
- HNW RAUM · $56.2M to $2.2MFeb 2, 2026 to Mar 30, 2026
- RAUM · $7.3B to $11BFeb 2, 2026 to Mar 30, 2026
- Wrap assets (manager) · unset to 2483124.0Feb 2, 2026 to Mar 30, 2026
- Wrap assets (sponsor) · unset to 0.0Feb 2, 2026 to Mar 30, 2026
- Financial planning clients · 1-10 to 1-10May 20, 2025 to Jul 31, 2025
- Accounts · 1,752 to 2,864Feb 13, 2025 to Apr 30, 2025
- BD registered reps · 0 to 2Feb 13, 2025 to Apr 30, 2025
- HNW clients · 4 to 2Feb 13, 2025 to Apr 30, 2025
- Individual clients · 34 to 0Feb 13, 2025 to Apr 30, 2025
- Employees · 27 to 29Feb 13, 2025 to Apr 30, 2025
- Financial planning clients · 11-25 to 1-10Feb 13, 2025 to Apr 30, 2025
- State-registered IARs · 6 to 4Feb 13, 2025 to Apr 30, 2025
- Other offices · 6 to 5Feb 13, 2025 to Apr 30, 2025
- Discretionary RAUM · $4.3B to $7.3BFeb 13, 2025 to Apr 30, 2025
- HNW RAUM · $51.3M to $56.2MFeb 13, 2025 to Apr 30, 2025
- Individual RAUM · 9994340.0 to unsetFeb 13, 2025 to Apr 30, 2025
- RAUM · $4.3B to $7.3BFeb 13, 2025 to Apr 30, 2025
- Accounts · 1,174 to 1,752Aug 24, 2023 to Mar 28, 2024
- HNW clients · 17 to 4Aug 24, 2023 to Mar 28, 2024
- Individual clients · 47 to 34Aug 24, 2023 to Mar 28, 2024
- Employees · 25 to 27Aug 24, 2023 to Mar 28, 2024
- State-registered IARs · 8 to 6Aug 24, 2023 to Mar 28, 2024
- Other offices · 5 to 6Aug 24, 2023 to Mar 28, 2024
- Discretionary RAUM · $2.7B to $4.3BAug 24, 2023 to Mar 28, 2024
- HNW RAUM · $260M to $51.3MAug 24, 2023 to Mar 28, 2024
- Individual RAUM · $14.8M to $10.0MAug 24, 2023 to Mar 28, 2024
Signals
35 dated events
- Vanguard Personalized Indexing Management reported RAUM $11.4B, up 56% from $7.3B (2026-02-02 to 2026-03-30)Mar 30, 2026 · RAUM change · derived
- Vanguard Personalized Indexing Management reported RAUM $7.3B, up 67% from $4.3B (2025-02-13 to 2025-04-30)Apr 30, 2025 · RAUM change · derived
- Vanguard Personalized Indexing Management reported RAUM $4.3B, up 59% from $2.7B (2023-08-24 to 2024-03-28)Mar 28, 2024 · RAUM change · derived
- Mark Thomas Rampulla (Manager) no longer on Schedule A of Vanguard Personalized Indexing Management (listed 2023-08-24, absent 2024-03-28)Mar 28, 2024 · Control person left · inference
- Grace Claire Burke (Chief Compliance Officer) no longer on Schedule A of Vanguard Personalized Indexing Management (listed 2023-03-31, absent 2023-08-24)Aug 24, 2023 · Control person left · inference
- Marc Stewart (Chief Compliance Officer) appeared on Schedule A of Vanguard Personalized Indexing ManagementAug 24, 2023 · Control person joined · fact
- Vanguard Personalized Indexing Management reported RAUM $2.7B, up 39% from $2.0B (2023-01-25 to 2023-03-31)Mar 31, 2023 · RAUM change · derived
- John Matthew Benchener (Chairman & Manager) appeared on Schedule A of Vanguard Personalized Indexing ManagementMar 31, 2023 · Control person joined · fact
- Mark Thomas Rampulla (Manager) appeared on Schedule A of Vanguard Personalized Indexing ManagementMar 31, 2023 · Control person joined · fact
- Thomas Michael Rollings (Manager) appeared on Schedule A of Vanguard Personalized Indexing ManagementMar 31, 2023 · Control person joined · fact
- Ann Karin Risi (Manager) appeared on Schedule A of Vanguard Personalized Indexing ManagementMar 31, 2023 · Control person joined · fact
- Clark Matthew Brancato (Manager) appeared on Schedule A of Vanguard Personalized Indexing ManagementMar 31, 2023 · Control person joined · fact
- Jonathan Hudacko (Vice President) no longer on Schedule A of Vanguard Personalized Indexing Management (listed 2023-01-25, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- David Petty (Manager, Chairman And President) no longer on Schedule A of Vanguard Personalized Indexing Management (listed 2023-01-25, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Paul Matthew Mccarthy (Manager And Vice President) no longer on Schedule A of Vanguard Personalized Indexing Management (listed 2023-01-25, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Paul Jakubowski (Manager And Vice President) no longer on Schedule A of Vanguard Personalized Indexing Management (listed 2023-01-25, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Barbara Bock (Controller) no longer on Schedule A of Vanguard Personalized Indexing Management (listed 2023-01-25, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Grace Claire Burke (Chief Compliance Officer) appeared on Schedule A of Vanguard Personalized Indexing ManagementJan 10, 2023 · Control person joined · fact
- Cyrus Richard Sarhaddi (Chief Compliance Officer) no longer on Schedule A of Vanguard Personalized Indexing Management (listed 2022-04-04, absent 2023-01-10)Jan 10, 2023 · Control person left · inference
- Vanguard Personalized Indexing Management reported RAUM $2.0B, up 166% from $739.5M (2022-01-04 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- Caroline Mary Cosby (Manager, Vice President And Assistant Secretary) no longer on Schedule A of Vanguard Personalized Indexing Management (listed 2022-01-04, absent 2022-03-31)Mar 31, 2022 · Control person left · inference
- John Bisordi (Manager And Vice President) appeared on Schedule A of Vanguard Personalized Indexing ManagementMar 31, 2022 · Control person joined · fact
- Cyrus Richard Sarhaddi (Chief Compliance Officer) appeared on Schedule A of Vanguard Personalized Indexing ManagementJan 4, 2022 · Control person joined · fact
- Paul Jakubowski (Director) appeared on Schedule A of Vanguard Personalized Indexing ManagementOct 20, 2021 · Control person joined · fact
- David Petty (Director And President) appeared on Schedule A of Vanguard Personalized Indexing ManagementOct 20, 2021 · Control person joined · fact
- Mary Cosby (Director, Vice President And Assistant Secretary) appeared on Schedule A of Vanguard Personalized Indexing ManagementOct 20, 2021 · Control person joined · fact
- Paul Matthew Mccarthy (Director) appeared on Schedule A of Vanguard Personalized Indexing ManagementOct 20, 2021 · Control person joined · fact
- Anne Barbara Weigner (Controller) appeared on Schedule A of Vanguard Personalized Indexing ManagementOct 20, 2021 · Control person joined · fact
- Ganjam Vijay Rao (Chief Investment Officer) no longer on Schedule A of Vanguard Personalized Indexing Management (listed 2021-04-20, absent 2021-10-20)Oct 20, 2021 · Control person left · inference
- Keith Alan Cummings (Cto) no longer on Schedule A of Vanguard Personalized Indexing Management (listed 2021-04-20, absent 2021-10-20)Oct 20, 2021 · Control person left · inference
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/VANGUARDreportedpublic record, Form ADV, Sep 17, 2026
- Website
- ADVISORS.VANGUARD.COM/INVESTMENTS/PERSONALIZED-INDEXINGreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 844-317-5190reportedpublic record, Form ADV, Jul 22, 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
- $1.9Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026