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.

Former SEC-registered adviser

Marcado Asset Management LLC

Former SEC-registered adviserSan Antonio, TexasCRD 289136SEC 801-118577websiteIAPD
Latest filing Nov 21, 2025
First filing on the tape Mar 29, 2020 · 9 filings
SEC status approved since Apr 29, 2020
RAUM
$26.8M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$26.8M as of Nov 21, 2025
Mar 29, 2021$60,000 then
HNW client RAUM: no history
State-registered IARs (5.B.3)3 as of Nov 21, 2025
Mar 29, 20213 then
Employees (5.A)3 as of Nov 21, 2025
Mar 29, 20213 then
Private funds: no history
RAUM +3.5% over the last fiscal year+180% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Nov 21, 2025; every figure names its basis
RAUM per advisor
$8.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$3.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
100%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+3.5%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
hourly, fixed fees, otherreportedItem 5.E
Advisory activities
pension consultingreportedItem 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$26.8M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
47reported
Charitable clients
n/areported
Accounts
7reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
3 left, 0 joined in 12 months
net -3 in 12 months0 left in 90 days0 joined in 90 days3 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
    • William Andrew Bronson · Manager/Principalcontrol
      since 04/2017 · owns 25% to 50%
    • Joel Nathan Sharp · Manager/Principal/Chief Compliance Officercontrol
      since 04/2017 · owns 50% to 75%
    Entity owners
    • Eleventh Street Investment Group LLC · Member
      direct · owns 10% to 25%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    San Antonio, Tx · principal003
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Pension plan clients · 42 to 47
      Jun 4, 2024 to Mar 29, 2025
    • Financial planning clients · unset to
      Jun 4, 2024 to Mar 29, 2025
    • Discretionary RAUM · $25.9M to $26.8M
      Jun 4, 2024 to Mar 29, 2025
    • Pension RAUM · $25.9M to $26.8M
      Jun 4, 2024 to Mar 29, 2025
    • RAUM · $25.9M to $26.8M
      Jun 4, 2024 to Mar 29, 2025
    • Accounts · 6 to 7
      Mar 30, 2023 to Jun 4, 2024
    • Pension plan clients · 31 to 42
      Mar 30, 2023 to Jun 4, 2024
    • Discretionary RAUM · $18.0M to $25.9M
      Mar 30, 2023 to Jun 4, 2024
    • Pension RAUM · $18.0M to $25.9M
      Mar 30, 2023 to Jun 4, 2024
    • RAUM · $18.0M to $25.9M
      Mar 30, 2023 to Jun 4, 2024
    • Accounts · 2 to 6
      Mar 29, 2022 to Mar 30, 2023
    • Pension plan clients · 25 to 31
      Mar 29, 2022 to Mar 30, 2023
    • Discretionary RAUM · $1.2M to $18.0M
      Mar 29, 2022 to Mar 30, 2023
    • Pension RAUM · $1.2M to $18.0M
      Mar 29, 2022 to Mar 30, 2023
    • RAUM · $1.2M to $18.0M
      Mar 29, 2022 to Mar 30, 2023
    • Accounts · 1 to 2
      Mar 29, 2021 to Mar 28, 2022
    • Advisory activities · 2 to 1
      Mar 29, 2021 to Mar 28, 2022
    • Pension plan clients · 16 to 25
      Mar 29, 2021 to Mar 28, 2022
    • Discretionary RAUM · $60,000 to $1.2M
      Mar 29, 2021 to Mar 28, 2022
    • Pension RAUM · $60,000 to $1.2M
      Mar 29, 2021 to Mar 28, 2022
    • RAUM · $60,000 to $1.2M
      Mar 29, 2021 to Mar 28, 2022
    • Accounts · unset to 1.0
      Sep 23, 2020 to Mar 29, 2021
    • Pension plan clients · 13 to 16
      Sep 23, 2020 to Mar 29, 2021
    • Discretionary RAUM · unset to 60000.0
      Sep 23, 2020 to Mar 29, 2021
    • Non-discretionary RAUM · unset to 0.0
      Sep 23, 2020 to Mar 29, 2021
    • Pension RAUM · $0 to $60,000
      Sep 23, 2020 to Mar 29, 2021
    • RAUM · unset to 60000.0
      Sep 23, 2020 to Mar 29, 2021
    Signals
    6 dated events
    • Marcado Asset Management Llc no longer on the SEC adviser roster (last listed 2026-03-02, RAUM $26.8M)
      Apr 1, 2026 · Left the SEC roster · derived
    • Andrew William Bronson left Marcado Asset Management Llc for Savvy (registered 2026-02-09)
      Mar 31, 2026 · Advisor changed firm · fact
    • Linda Lim Yang left Marcado Asset Management Llc for Savvy (registered 2026-02-09)
      Mar 31, 2026 · Advisor changed firm · fact
    • Nathan Joel Sharp left Marcado Asset Management Llc for Savvy (registered 2026-02-09)
      Mar 31, 2026 · Advisor changed firm · fact
    • Marcado Asset Management LLC's advisors moved to Savvy (San Antonio, TX): 3 of 3 registered, on the same day
      Mar 31, 2026 · Firm absorbed (people side) · derived
    • Marcado Asset Management Llc filed its initial SEC registration (Form ADV)
      Mar 29, 2020 · 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.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026