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
Shepherd Financial Investment Advisory LLC
Latest filing Mar 31, 2026
First filing on the tape Oct 9, 2017 · 24 filings
SEC status approved since Nov 14, 2017
RAUM
$6.2B
reported, Item 5.F
Discretionary
26%
of RAUM
Private clients
9.9%
$614M individuals and HNW
Advisors
25
registered through the firm on IAPD
RAUM per advisor
$247M
derived; firm RAUM over IAPD count
Employees
45
31 advisory (5.B.1)
Offices
6
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$6.2B as of Mar 31, 2026
Mar 28, 2018$248M then
HNW client RAUM$465M as of Mar 31, 2026
Mar 29, 2022$116M then
State-registered IARs (5.B.3)31 as of Mar 31, 2026
Mar 28, 20183 then
Employees (5.A)45 as of Mar 31, 2026
Mar 28, 20183 then
Private funds: no history
RAUM +25% over the last fiscal year+25% a year over threeIARs 28 to 31offices 4 to 6
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
- Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
- Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RAUM per advisor
- $247MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 36derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.3MderivedHNW RAUM over HNW clients
- Average account
- $2.0MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 26%derivedof RAUM
- Institutional
- 90%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.8derivedItem 5.A over advisors
- Advisors per office
- 3.6derived7 offices incl. principal (1.F.5)
- RAUM growth, one year
- +25%derivedbetween the last two annual amendments
- Advisor growth, one year
- +11%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +11%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
- Financial planning clients
- 923reportedItem 5.H
- Wrap fee program
- participatesreportedItem 5.I
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Firms absorbed, 24 months
- 1derivedhalf or more of a firm's advisors moved here within 14 days
- 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
- Pension and profit-sharing plans$5.6B90%
- High-net-worth individuals$465M7.5%
- Individuals$149M2.4%
- Individual clients
- 705reported
- HNW clients
- 203reported
- Pension plan clients
- 336reported
- Charitable clients
- n/areported
- Accounts
- 3,041reported
- Financial planning clients
- 923reported
- Wrap fee programs
- $0 sponsored, $0 managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.1 fund_share=0.0 institutional_share=0.9 related_bd=false related_bank=false bd_reps=20.0derived
Advisors registered through the firm
13 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| George Andrew LauckCertified Financial Planner | Canton, Ga | Apr 5, 2020 | 42 y | 2 |
| Charles Curtis Clem | Carmel, In | Apr 4, 2022 | 11 y | 0 |
| Leah Marie Sylvester | Carmel, In | Sep 3, 2024 | 11 y | 0 |
| Kim Lynnette Astin | Carmel, In | Sep 20, 2024 | 15 y | 1 |
| Matthew David Tendler | Wilmington, De | Sep 20, 2024 | 14 y | 1 |
| George David Biddle | Carmel, In | Sep 23, 2024 | 33 y | 2 |
| Dennis R Stancoven | Myrtle Beach, Sc | Sep 24, 2024 | 24 y | 2 |
| Taylor Reed Wedmore | Carmel, In | Feb 25, 2025 | 10 y | 1 |
| Lucas C Smith | Carmel, In | Feb 25, 2025 | 12 y | 0 |
| Dane Christopher Young | Carmel, In | Jul 12, 2025 | 12 y | 0 |
| Leslie Shockley Ballantine | Louisville, Ky | Jul 18, 2025 | 11 y | 4 |
| Tyler Joseph Gilden | Wilmington, De | Feb 17, 2026 | 10 y | 0 |
| Brea Nicole Morrison Dantin | Sarasota, Fl | Mar 6, 2026 | 21 y | 3 |
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 4.0% of current headcount1 left over 36 months
Left, latest
- Erin Sue Lane to Principal Securities, Inc.Dec 3, 2025 · Other
- Ryan J Mcmahon to Ranch Capital Advisors Inc.Aug 3, 2023 · Other
- Aaron Michael Mcandrew to Independent Financial PartnersApr 6, 2021 · Other
Joined, latest
- Brea Nicole Morrison Dantin from Mj RetirementMar 6, 2026 · Other
- Leslie Shockley Ballantine from Cerity Partners LLCJul 18, 2025 · Other
- Taylor Reed Wedmore from Tilia Fiduciary Partners, Inc.Feb 25, 2025 · Other
- Erin Sue Lane from Lincoln InvestmentFeb 25, 2025 · Other
- Dennis R Stancoven from Bcm Wealth ManagementSep 24, 2024 · Other
- George David Biddle from Daniels + Tansey, L.L.P.Sep 23, 2024 · Other
- Kim Lynnette Astin from Bcm Wealth ManagementSep 20, 2024 · Other
- Matthew David Tendler from Bcm Wealth ManagementSep 20, 2024 · Other
- Brent William Soller from Capital AnalystsMar 12, 2024 · Other
- Ryan J Mcmahon from Capital AnalystsAug 10, 2021 · Other
- Aaron Michael Mcandrew from Capital AnalystsAug 20, 2018 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 3 joined from Bcm Wealth ManagementOct 21, 2025 · Wilmington, De · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Michael Steven Wylam · Elected Manager And Chief Compliance Officercontrolsince 09/2017 · owns less than 5%
Entity owners
- Shepherd Financial Holdings LLC · Memberdirect · owns 75% or more
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Carmel, In · principal | 24 | 1 | 1 | ||
| Wilmington, De | 4 | 1 | 0 | ||
| Columbus, Oh | 2 | 0 | 0 | ||
| New Albany, In | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Wilmington, DE7 employees
- New Albany, IN2 employees
- Columbus, OH1 employees
- Myrtle Beach, SC1 employees
What changed
consecutive filings, newest first
- Accounts · 2,231 to 3,041Sep 1, 2025 to Mar 31, 2026
- Advisory employees · 26 to 31Sep 1, 2025 to Mar 31, 2026
- BD registered reps · 24 to 20Sep 1, 2025 to Mar 31, 2026
- HNW clients · 167 to 203Sep 1, 2025 to Mar 31, 2026
- Individual clients · 650 to 705Sep 1, 2025 to Mar 31, 2026
- Pension plan clients · 274 to 336Sep 1, 2025 to Mar 31, 2026
- Employees · 44 to 45Sep 1, 2025 to Mar 31, 2026
- State-registered IARs · 30 to 31Sep 1, 2025 to Mar 31, 2026
- Other offices · 5 to 6Sep 1, 2025 to Mar 31, 2026
- Discretionary RAUM · $1.0B to $1.6BSep 1, 2025 to Mar 31, 2026
- HNW RAUM · $354M to $465MSep 1, 2025 to Mar 31, 2026
- Individual RAUM · $130M to $149MSep 1, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $3.9B to $4.6BSep 1, 2025 to Mar 31, 2026
- Pension RAUM · $4.5B to $5.6BSep 1, 2025 to Mar 31, 2026
- RAUM · $4.9B to $6.2BSep 1, 2025 to Mar 31, 2026
- Advisory employees · 24 to 26Mar 3, 2025 to Sep 1, 2025
- Employees · 42 to 44Mar 3, 2025 to Sep 1, 2025
- State-registered IARs · 28 to 30Mar 3, 2025 to Sep 1, 2025
- Other offices · 4 to 5Mar 3, 2025 to Sep 1, 2025
- Accounts · 1,601 to 2,231Oct 8, 2024 to Mar 3, 2025
- Advisory employees · 21 to 24Oct 8, 2024 to Mar 3, 2025
- BD registered reps · 23 to 24Oct 8, 2024 to Mar 3, 2025
- HNW clients · 94 to 167Oct 8, 2024 to Mar 3, 2025
- Individual clients · 512 to 650Oct 8, 2024 to Mar 3, 2025
- Pension plan clients · 268 to 274Oct 8, 2024 to Mar 3, 2025
- Employees · 39 to 42Oct 8, 2024 to Mar 3, 2025
- Financial planning clients · More than 500 to More than 500Oct 8, 2024 to Mar 3, 2025
- State-registered IARs · 25 to 28Oct 8, 2024 to Mar 3, 2025
- Discretionary RAUM · $713M to $1.0BOct 8, 2024 to Mar 3, 2025
- HNW RAUM · $187M to $354MOct 8, 2024 to Mar 3, 2025
- Individual RAUM · $89.0M to $130MOct 8, 2024 to Mar 3, 2025
- Non-discretionary RAUM · $3.3B to $3.9BOct 8, 2024 to Mar 3, 2025
- Pension RAUM · $3.7B to $4.5BOct 8, 2024 to Mar 3, 2025
- RAUM · $4.0B to $4.9BOct 8, 2024 to Mar 3, 2025
- Advisory employees · 17 to 21Sep 11, 2024 to Oct 8, 2024
- Employees · 35 to 39Sep 11, 2024 to Oct 8, 2024
- Insurance-licensed employees · 19 to 20Sep 11, 2024 to Oct 8, 2024
- State-registered IARs · 21 to 25Sep 11, 2024 to Oct 8, 2024
- Advisory employees · 16 to 17Mar 14, 2024 to Sep 11, 2024
- BD registered reps · 22 to 23Mar 14, 2024 to Sep 11, 2024
Signals
8 dated events
- Erin Sue Lane left Shepherd Financial Investment Advisory Llc for Principal Securities, Inc. (registered 2026-01-13)Dec 3, 2025 · Advisor changed firm · fact
- Bcm Wealth Management's advisors moved to Shepherd Financial Investment Advisory LLC (Wilmington, DE): 3 of 4 registered, on the same dayOct 21, 2025 · Firm absorbed (people side) · derived
- Shepherd Financial Investment Advisory Llc reported RAUM $4.0B, up 26% from $3.2B (2023-03-31 to 2024-03-14)Mar 14, 2024 · RAUM change · derived
- Ryan J Mcmahon left Shepherd Financial Investment Advisory Llc for Ranch Capital Advisors Inc. (registered 2023-10-13)Aug 3, 2023 · Advisor changed firm · fact
- Shepherd Financial Investment Advisory Llc reported RAUM $2.8B, up 65% from $1.7B (2020-03-30 to 2021-03-30)Mar 30, 2021 · RAUM change · derived
- Shepherd Financial Investment Advisory Llc reported RAUM $1.7B, up 72% from $989.5M (2019-04-30 to 2020-03-30)Mar 30, 2020 · RAUM change · derived
- Shepherd Financial Investment Advisory Llc reported RAUM $918.3M, up 271% from $247.6M (2018-03-28 to 2018-08-07)Aug 7, 2018 · RAUM change · derived
- Shepherd Financial Investment Advisory Llc filed its initial SEC registration (Form ADV)Oct 9, 2017 · 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/shepherdfinancialreportedpublic record, Form ADV, Sep 17, 2026
- Website
- SHEPHERDFIN.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 317-975-5033reportedpublic record, Form ADV, Mar 31, 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
- Institutional managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $247Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026