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

V••••••• C•••••• A•••••••• L••

Independent wealth managerHunt Valley, MarylandCRD 288512SEC 801-110722websiteIAPD
Latest filing May 22, 2026
First filing on the tape May 27, 2017 · 26 filings
SEC status approved since Jun 26, 2017
RAUM
$4.6B
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
94%
$4.3B individuals and HNW
Advisors
39
registered through the firm on IAPD
RAUM per advisor
$119M
derived; firm RAUM over IAPD count
Employees
52
29 advisory (5.B.1)
Offices
6
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$4.6B as of May 22, 2026
Mar 27, 2018$1.5B then
HNW client RAUM$4.0B as of May 22, 2026
Mar 27, 2018$1.2B then
State-registered IARs (5.B.3)34 as of May 22, 2026
Mar 27, 201812 then
Employees (5.A)52 as of May 22, 2026
Mar 27, 201821 then
Private funds: no history
RAUM +18% over the last fiscal year+19% a year over threeIARs 28 to 34offices 5 to 6
Practice profile
derived from the filing of May 22, 2026; every figure names its basis
RAUM per advisor
$119MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
46derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.3MderivedHNW RAUM over HNW clients
Average account
$593,105derivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
1.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
5.6derived7 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
+21%derivedItem 5.B.3 between annual amendments
Client growth, one year
+7.1%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, otherreportedItem 5.G
Custody
$1.4B, 1,923 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$4.0B86%
  • Individuals$367M7.9%
  • Corporations and businesses$211M4.6%
  • Charitable organizations$55.1M1.2%
  • Pension and profit-sharing plans$22.3M0.5%
Individual clients
1,043reported
HNW clients
755reported
Pension plan clients
9reported
Charitable clients
8reported
Accounts
7,802reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$1.4B for 1,923 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.94 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
37 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M•••••• S•••••••• M••••Hunt Valley, MdJun 26, 201735 y2
L•• J••••• K••••Naples, Fl Jun 26, 201727 y2
B•••• J••• G•••••••Certified Financial PlannerHunt Valley, MdJun 26, 201723 y2
J••• D•••• M•••••Bluffton, Sc Jun 26, 201731 y2
B•••• M•••••• S•••Certified Financial PlannerHunt Valley, MdJun 26, 201728 y2
J•••• M•••••• E••••••Hunt Valley, MdJun 26, 201726 y2
R•••••• M••••• R•••Hunt Valley, Md Jun 26, 201732 y3
C•••••• S•••••• H•••Hunt Valley, Md Jun 27, 201737 y2
M•••• M•••• F••••Hunt Valley, MdDec 13, 201721 y1
K•••• M•••••• C•••Hunt Valley, MdMar 1, 201927 y2
M•• P••••••• S•••••••••Hunt Valley, MdJun 7, 201925 y2
N••• M•••••• L•••••••••Ft. Lauderdale, Fl Jun 17, 201911 y0
S•••••• L•••• T••••••Hunt Valley, MdNov 20, 201934 y2
M•••••• A• A•••••••Certified Financial PlannerHunt Valley, MdAug 27, 202025 y3
R••••• J••• S••••••Hunt Valley, MdAug 10, 202128 y5
L•••• R••••• B•••••••Hunt Valley, MdFeb 18, 202213 y0
E••••• W••••• K•••••Chartered Financial AnalystAlexandria, Va Mar 2, 202212 y2
K•••• R••••• W•••••Certified Financial PlannerHunt Valley, MdJun 24, 202237 y3
M••• E••••• A•••••Certified Financial PlannerAlexandria, Va Jun 18, 202332 y3
M•••••• D•••• P••••••Certified Financial PlannerHunt Valley, Md Jul 20, 202326 y4
A••••• G••••••• W•••••Hunt Valley, Md Aug 8, 202312 y1
T••••• L••• O••••• G••••••••Hunt Valley, Md Mar 1, 202415 y1
A••• H••••Certified Financial PlannerHunt Valley, MdMar 4, 202418 y5
P•••• E••••• M•••••••Chartered Financial AnalystMorristown, Nj May 7, 202432 y0
E•••••••• R•••••• P••••Hunt Valley, Md Aug 30, 202413 y0
C•••• L••• H••••••Hunt Valley, MdSep 21, 202427 y0
D••••• L••••• D••••••••Concord, Ma Jan 6, 202535 y5
J••• R•••••• P•••••••••Bradenton, Fl Sep 16, 202525 y1
K•••• J••• A••••Hunt Valley, MdJan 7, 202625 y4
J•••••• S• S••••Hunt Valley, MdApr 7, 202610 y1
L•• J• K••••Hunt Valley, MdApr 22, 202613 y1
J••••••• S•••••Hunt Valley, MdMay 8, 202610 y0
M•••••• J•••• M••••Hunt Valley, MdJun 6, 202611 y0
A•••••• M••••• M•••••Hunt Valley, MdJun 18, 202620 y1
B•••• D••••• D•••••••••Certified Financial Planner, Chartered Financial ConsultantHunt Valley, MdJul 18, 202627 y3
C•••• M•••••• R•••••••Hunt Valley, Md Jul 21, 202611 y1
J••••• W•••••• A••••Certified Financial PlannerHunt Valley, MdJul 27, 202611 y1
Advisor movement
7 left, 7 joined in 12 months
net 0 in 12 months0 left in 90 days3 joined in 90 daysdeparture rate 18% of current headcount11 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • C•••• K••••• M•••••• · Chief Compliance Officer & Chief Operating Officercontrol
    since 02/2019 · owns less than 5%
  • G•••••••• B••••• J••• · Membercontrol
    since 04/2017 · owns less than 5%
  • H•••• C••••••• S•••••• · Membercontrol
    since 04/2017 · owns 5% to 10%
  • K••••• L••• J••••• · Chief Executive Officercontrol
    since 04/2017 · owns less than 5%
  • M••••• M••••••• S•••••••• · Membercontrol
    since 04/2017 · owns 5% to 10%
  • M•••••• J•••• D•••• · Membercontrol
    since 04/2017 · owns less than 5%
  • N••• T•••••• J••• · President Officercontrol
    since 04/2017 · owns less than 5%
  • P••••• A••••• A•••••• · Membercontrol
    since 01/2019 · owns less than 5%
  • R•••• R••••••• M••••• · Membercontrol
    since 04/2017 · owns less than 5%
  • S•••• B••••• M•••••• · Membercontrol
    since 04/2017 · owns less than 5%
  • T••••••• S••••••• L•••• · Membercontrol
    since 04/2017 · owns less than 5%
Entity owners
  • V••••••• L••••• H•••••••• L•• · Owner
    direct · owns 25% to 50%
Related persons
Schedule D 7.A
Advisers that list V••••••• C•••••• A•••••••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Hunt Valley, Md · principal39114
Alexandria, Va513
Naples, Fl500
New York, Ny220
Offices
Schedule D 1.F, the 25 largest
  • Alexandria, VA3 employees
  • Naples, FL1 employees
  • , 1 employees
ADV anomalies
10 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing May 22, 2026
    H•••• C••••••• S•••••• (MEMBER) left Schedule A between the filings of 2020-03-30 and 2026-05-22
    peers: WEALTH_I•••••••••, $1B to $5B (1,362)
  • control person changedChange between filings · filing May 22, 2026
    G•••••••• B••••• J••• (MEMBER) left Schedule A between the filings of 2020-03-30 and 2026-05-22
    peers: WEALTH_I•••••••••, $1B to $5B (1,362)
  • control person changedChange between filings · filing May 22, 2026
    M••••• M••••••• S•••••••• (MEMBER) left Schedule A between the filings of 2020-03-30 and 2026-05-22
    peers: WEALTH_I•••••••••, $1B to $5B (1,362)
  • affiliate changedChange between filings · filing May 22, 2026
    insurance affiliate (Item 7.A.10): no on the filing of 2026-03-31, yes on the filing of 2026-05-22
    peers: WEALTH_I•••••••••, $1B to $5B (1,362)
  • control person changedChange between filings · filing May 22, 2026
    C•••• K••••• M•••••• (CHIEF COMPLIANCE OFFICER & CHIEF OPERATING OFFICER) left Schedule A between the filings of 2020-03-30 and 2026-05-22
    peers: WEALTH_I•••••••••, $1B to $5B (1,362)
  • control person changedChange between filings · filing May 22, 2026
    P••••• A••••• A•••••• (MEMBER) left Schedule A between the filings of 2020-03-30 and 2026-05-22
    peers: WEALTH_I•••••••••, $1B to $5B (1,362)
  • control person changedChange between filings · filing May 22, 2026
    R•••• R••••••• M••••• (MEMBER) left Schedule A between the filings of 2020-03-30 and 2026-05-22
    peers: WEALTH_I•••••••••, $1B to $5B (1,362)
  • control person changedChange between filings · filing May 22, 2026
    T••••••• S••••••• L•••• (MEMBER) left Schedule A between the filings of 2020-03-30 and 2026-05-22
    peers: WEALTH_I•••••••••, $1B to $5B (1,362)
  • control person changedChange between filings · filing May 22, 2026
    M•••••• J•••• D•••• (MEMBER) left Schedule A between the filings of 2020-03-30 and 2026-05-22
    peers: WEALTH_I•••••••••, $1B to $5B (1,362)
  • control person changedChange between filings · filing May 22, 2026
    S•••• B••••• M•••••• (MEMBER) left Schedule A between the filings of 2020-03-30 and 2026-05-22
    peers: WEALTH_I•••••••••, $1B to $5B (1,362)
What changed
consecutive filings, newest first
  • Related insurance company · false to true
    Mar 31, 2026 to May 22, 2026
  • Accounts · 7,206 to 7,802
    Mar 28, 2025 to Mar 31, 2026
  • Advisory employees · 28 to 29
    Mar 28, 2025 to Mar 31, 2026
  • Charity clients · 7 to 8
    Mar 28, 2025 to Mar 31, 2026
  • Corporate clients · 56 to 61
    Mar 28, 2025 to Mar 31, 2026
  • HNW clients · 723 to 755
    Mar 28, 2025 to Mar 31, 2026
  • Individual clients · 956 to 1,043
    Mar 28, 2025 to Mar 31, 2026
  • Assets in custody · $1.2B to $1.4B
    Mar 28, 2025 to Mar 31, 2026
  • Employees · 49 to 52
    Mar 28, 2025 to Mar 31, 2026
  • State-registered IARs · 28 to 34
    Mar 28, 2025 to Mar 31, 2026
  • Other offices · 5 to 6
    Mar 28, 2025 to Mar 31, 2026
  • Discretionary RAUM · $3.8B to $4.4B
    Mar 28, 2025 to Mar 31, 2026
  • HNW RAUM · $3.4B to $4.0B
    Mar 28, 2025 to Mar 31, 2026
  • Individual RAUM · $269M to $367M
    Mar 28, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $162M to $188M
    Mar 28, 2025 to Mar 31, 2026
  • Pension RAUM · $20.7M to $22.3M
    Mar 28, 2025 to Mar 31, 2026
  • RAUM · $3.9B to $4.6B
    Mar 28, 2025 to Mar 31, 2026
  • Accounts · 6,146 to 7,206
    Mar 28, 2024 to Mar 28, 2025
  • Advisory employees · 25 to 28
    Mar 28, 2024 to Mar 28, 2025
  • Corporate clients · 46 to 56
    Mar 28, 2024 to Mar 28, 2025
  • HNW clients · 566 to 723
    Mar 28, 2024 to Mar 28, 2025
  • Individual clients · 923 to 956
    Mar 28, 2024 to Mar 28, 2025
  • Pension plan clients · 8 to 9
    Mar 28, 2024 to Mar 28, 2025
  • Assets in custody · $1.0B to $1.2B
    Mar 28, 2024 to Mar 28, 2025
  • Employees · 47 to 49
    Mar 28, 2024 to Mar 28, 2025
  • Financial planning clients · 0 to 101-250
    Mar 28, 2024 to Mar 28, 2025
  • State-registered IARs · 25 to 28
    Mar 28, 2024 to Mar 28, 2025
  • Other offices · 4 to 5
    Mar 28, 2024 to Mar 28, 2025
  • Discretionary RAUM · $3.3B to $3.8B
    Mar 28, 2024 to Mar 28, 2025
  • HNW RAUM · $2.7B to $3.4B
    Mar 28, 2024 to Mar 28, 2025
  • Individual RAUM · $376M to $269M
    Mar 28, 2024 to Mar 28, 2025
  • Non-discretionary RAUM · $0 to $162M
    Mar 28, 2024 to Mar 28, 2025
  • Pension RAUM · $17.8M to $20.7M
    Mar 28, 2024 to Mar 28, 2025
  • RAUM · $3.3B to $3.9B
    Mar 28, 2024 to Mar 28, 2025
  • Wrap assets (manager) · 0.0 to unset
    Mar 28, 2024 to Mar 28, 2025
  • Wrap assets (sponsor) · 0.0 to unset
    Mar 28, 2024 to Mar 28, 2025
  • Accounts · 5,301 to 6,146
    Nov 8, 2023 to Mar 28, 2024
  • Advisory employees · 24 to 25
    Nov 8, 2023 to Mar 28, 2024
  • Charity clients · 9 to 7
    Nov 8, 2023 to Mar 28, 2024
  • Corporate clients · 45 to 46
    Nov 8, 2023 to Mar 28, 2024
Signals
18 dated events
  • S•••••• F•••••• J••••••• left V••••••• C•••••• A•••••••• L•• for M••••• G••••• A••••••• I••• (registered 2026-06-12)
    May 29, 2026 · Advisor changed firm · fact
  • S•••• M••••• left V••••••• C•••••• A•••••••• L•• for M•••• F•••••••• A••••••• (registered 2026-04-08)
    Apr 8, 2026 · Advisor changed firm · fact
  • D•••• R•••••• N••••• left V••••••• C•••••• A•••••••• L•• for M••••••• W••••• M••••••••• (registered 2026-04-01)
    Mar 24, 2026 · Advisor changed firm · fact
  • L•••• W••••• H•••• left V••••••• C•••••• A•••••••• L•• for M••••••• W••••• M••••••••• (registered 2026-03-22)
    Mar 9, 2026 · Advisor changed firm · fact
  • K•• S• K••••••• left V••••••• C•••••• A•••••••• L•• for H• W••••• (registered 2026-03-09)
    Feb 9, 2026 · Advisor changed firm · fact
  • N••••••• R• S•••••••• left V••••••• C•••••• A•••••••• L•• for R•••••• J•••• • A••••••••• I••• (registered 2026-07-30)
    Jan 23, 2026 · Advisor changed firm · fact
  • M•••••• M• B••••••• left V••••••• C•••••• A•••••••• L•• for K••••• A••••••• S•••••••• L•• (registered 2025-10-02)
    Sep 29, 2025 · Advisor changed firm · fact
  • K•••••• K•••• left V••••••• C•••••• A•••••••• L•• for R•••••• J•••• • A••••••••• I••• (registered 2026-03-11)
    Sep 11, 2025 · Advisor changed firm · fact
  • D•••• G••••••• left V••••••• C•••••• A•••••••• L•• for F•••••••• D••••••••• L••• (registered 2025-02-14)
    Nov 18, 2024 · Advisor changed firm · fact
  • G••••••• T••• left V••••••• C•••••• A•••••••• L•• for F•••• P••••••• W•••••• L•• (registered 2024-09-25)
    Jun 24, 2024 · Advisor changed firm · fact
  • W••••• A•••••• M••••••• left V••••••• C•••••• A•••••••• L•• for C•••••••• I••••••••• R••••••• A•••••••• I••• (registered 2025-04-22)
    Mar 8, 2024 · Advisor changed firm · fact
  • 2 advisors left V•••••• P•••••• W•••••• L•• (Naples, FL) for V••••••• C•••••• A•••••••• L•• on the same day
    Aug 15, 2023 · Team lift-out · derived
  • M•••••• R• H•••••• left V••••••• C•••••• A•••••••• L•• for M•••••••• I••••••••• M••••••••• L•• (registered 2023-07-05)
    Apr 14, 2023 · Advisor changed firm · fact
  • R M•••••• Hoffman (Director) no longer on Schedule A of V••••••• C•••••• A•••••••• L•• (listed 2023-03-30, absent 2023-04-14)
    Apr 14, 2023 · Control person left · inference
  • R M•••••• Hoffman (Director) appeared on Schedule A of V••••••• C•••••• A•••••••• L••
    Mar 31, 2022 · Control person joined · fact
  • V••••••• C•••••• A•••••••• L•• reported RAUM $2.1B, up 33% from $1.6B (2020-03-30 to 2020-06-24)
    Jun 24, 2020 · RAUM change · derived
  • A•••••• Avery Prkna (Member) appeared on Schedule A of V••••••• C•••••• A•••••••• L••
    Mar 30, 2020 · Control person joined · fact
  • K•• A•••••••• L•• filed its initial SEC registration (Form ADV)
    May 27, 2017 · ria f•••• adv filing · 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 phone
239-236-4333reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
410-472-5380reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
703-349-0699reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
H••••://WWW.LINKEDIN.COM/COMPANY/V•••••••-CAPITAL-ADVISORSreportedpublic record, Form ADV, Sep 18, 2026
Website
H••••://RIA.PLUSreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
410-472-5380reportedpublic record, Form ADV, May 22, 2026
Team page
ria.plus/teamreportedpublished by the firm, firm site, Sep 15, 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
$119Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026