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

M••••• F•••••••• G•••• L••

Independent wealth managerNew York, New YorkCRD 289423SEC 801-111093websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Aug 3, 2017 · 21 filings
SEC status approved since Sep 4, 2017
RAUM
$2.3B
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
93%
$2.2B individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$233M
derived; firm RAUM over IAPD count
Employees
24
15 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$2.3B as of Mar 31, 2026
Mar 30, 2018$310M then
HNW client RAUM$1.8B as of Mar 31, 2026
Mar 30, 2018$236M then
State-registered IARs (5.B.3)10 as of Mar 31, 2026
Mar 30, 20181 then
Employees (5.A)24 as of Mar 31, 2026
Mar 30, 201811 then
Private funds: no history
RAUM +20% over the last fiscal year+23% a year over threeIARs 9 to 10
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • 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)
RAUM per advisor
$233MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
111derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.8MderivedHNW RAUM over HNW clients
Average account
$486,431derivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.4derivedItem 5.A over advisors
Advisors per office
10.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+20%derivedbetween the last two annual amendments
Advisor growth, one year
+11%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.8%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisers, publications, educational seminarsreportedItem 5.G
Financial planning clients
1,000reportedItem 5.H
Custody
$585M, 348 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.8B77%
  • Individuals$384M16%
  • Corporations and businesses$145M6.2%
  • Charitable organizations$14.6M0.6%
Individual clients
739reported
HNW clients
375reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4,782reported
Financial planning clients
1,000reported
Wrap fee programs
noreported
Custody of client assets
$585M for 348 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.93 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
10 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
T•••••• J• S••••••New York, NyMay 12, 202118 y1
P••• F•••••••• H•••••••Certified Financial PlannerNew York, NyJan 5, 202231 y2
S••••• H••••Certified Financial PlannerNew York, NyJan 5, 202218 y2
M•••••• S•••• S•••••••Certified Financial PlannerNew York, NyJan 5, 202227 y2
R••••• E••••• D••••••Chartered Financial AnalystNew York, NyJan 5, 202240 y1
J•••• S•••• K••••••New York, NyJan 18, 202234 y3
D••• J••••• C••••••Chartered Financial AnalystNew York, Ny May 4, 202231 y1
C•••• W•••••••••New York, NyJan 19, 202311 y1
W•••••• J••••• B•••••New York, NyJan 9, 202432 y1
J••• D••• B•••Certified Financial PlannerNew York, NyDec 11, 202513 y1
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 10% of current headcount1 left over 36 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • H•••••••• D••••• H• · Chief Compliance Officercontrol
    since 09/2017 · owns less than 5%
  • S•••••••• M••••••• S•••• · Chief Executive Officercontrol
    since 09/2017 · owns less than 5%
  • S••••••• L••••• V• · Chief Operating Officercontrol
    since 05/2019 · owns less than 5%
  • S•••••••• M••••••• S•••• · Ownercontrol
    since 11/2016 · owns 75% or more of M••••• F•••••••• L••
Entity owners
  • M••••• F•••••••• H•••••••• L•• · Owner
    direct · owns 75% or more
  • M••••• F•••••••• L•• · Owner
    indirect · owns 75% or more of M••••• F•••••••• H•••••••• L••
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
New York, Ny · principal1021
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 4,313 to 4,782
    Mar 29, 2025 to Mar 31, 2026
  • Advisory employees · 13 to 15
    Mar 29, 2025 to Mar 31, 2026
  • Corporate clients · 43 to 44
    Mar 29, 2025 to Mar 31, 2026
  • HNW clients · 363 to 375
    Mar 29, 2025 to Mar 31, 2026
  • Individual clients · 680 to 739
    Mar 29, 2025 to Mar 31, 2026
  • Assets in custody · $385M to $585M
    Mar 29, 2025 to Mar 31, 2026
  • Employees · 23 to 24
    Mar 29, 2025 to Mar 31, 2026
  • State-registered IARs · 9 to 10
    Mar 29, 2025 to Mar 31, 2026
  • Discretionary RAUM · $1.9B to $2.2B
    Mar 29, 2025 to Mar 31, 2026
  • HNW RAUM · $1.5B to $1.8B
    Mar 29, 2025 to Mar 31, 2026
  • Individual RAUM · $309M to $384M
    Mar 29, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $74.5M to $132M
    Mar 29, 2025 to Mar 31, 2026
  • RAUM · $1.9B to $2.3B
    Mar 29, 2025 to Mar 31, 2026
  • Accounts · 3,884 to 4,313
    Mar 29, 2024 to Mar 29, 2025
  • Advisory employees · 12 to 13
    Mar 29, 2024 to Mar 29, 2025
  • Corporate clients · 35 to 43
    Mar 29, 2024 to Mar 29, 2025
  • HNW clients · 336 to 363
    Mar 29, 2024 to Mar 29, 2025
  • Individual clients · 624 to 680
    Mar 29, 2024 to Mar 29, 2025
  • Assets in custody · $302M to $385M
    Mar 29, 2024 to Mar 29, 2025
  • Employees · 22 to 23
    Mar 29, 2024 to Mar 29, 2025
  • Financial planning clients · More than 500 to More than 500
    Mar 29, 2024 to Mar 29, 2025
  • Discretionary RAUM · $1.6B to $1.9B
    Mar 29, 2024 to Mar 29, 2025
  • HNW RAUM · $1.2B to $1.5B
    Mar 29, 2024 to Mar 29, 2025
  • Individual RAUM · $246M to $309M
    Mar 29, 2024 to Mar 29, 2025
  • Non-discretionary RAUM · $3.3M to $74.5M
    Mar 29, 2024 to Mar 29, 2025
  • RAUM · $1.6B to $1.9B
    Mar 29, 2024 to Mar 29, 2025
  • Accounts · 3,378 to 3,884
    Jun 30, 2023 to Mar 28, 2024
  • Advisory employees · 9 to 12
    Jun 30, 2023 to Mar 28, 2024
  • Corporate clients · 30 to 35
    Jun 30, 2023 to Mar 28, 2024
  • HNW clients · 311 to 336
    Jun 30, 2023 to Mar 28, 2024
  • Individual clients · 538 to 624
    Jun 30, 2023 to Mar 28, 2024
  • Assets in custody · $344M to $302M
    Jun 30, 2023 to Mar 28, 2024
  • Employees · 21 to 22
    Jun 30, 2023 to Mar 28, 2024
  • State-registered IARs · 8 to 9
    Jun 30, 2023 to Mar 28, 2024
  • Discretionary RAUM · $1.3B to $1.6B
    Jun 30, 2023 to Mar 28, 2024
  • HNW RAUM · $1.0B to $1.2B
    Jun 30, 2023 to Mar 28, 2024
  • Individual RAUM · $182M to $246M
    Jun 30, 2023 to Mar 28, 2024
  • Non-discretionary RAUM · $5.7M to $3.3M
    Jun 30, 2023 to Mar 28, 2024
  • RAUM · $1.3B to $1.6B
    Jun 30, 2023 to Mar 28, 2024
  • Accounts · 2,552 to 3,378
    Mar 31, 2022 to Mar 30, 2023
Signals
9 dated events
  • J•••• S•••• K•••••• no longer holds an investment adviser registration (last listed at M••••• F•••••••• G•••• L•• on the 2026-09-17 feed)
    Sep 17, 2026 · Advisor registration ended · derived
  • M•••••• D•••• T••••• left M••••• F•••••••• G•••• L•• for P••••• W••••• L•• (registered 2026-01-02)
    Jan 17, 2026 · Advisor changed firm · fact
  • Kelly Thomas Barber (Chief Marketing Officer) no longer on Schedule A of M••••• F•••••••• G•••• L•• (listed 2022-03-31, absent 2023-03-30)
    Mar 30, 2023 · Control person left · inference
  • M••••• F•••••••• G•••• L•• reported RAUM $1.1B, down 38% from $1.8B (2022-01-04 to 2022-03-30)
    Mar 30, 2022 · RAUM change · derived
  • M••••• F•••••••• G•••• L•• reported RAUM $1.6B, up 35% from $1.2B (2019-03-29 to 2020-03-30)
    Mar 30, 2020 · RAUM change · derived
  • V Louis Sorsaia (Chief Operating Officer) appeared on Schedule A of M••••• F•••••••• G•••• L••
    Mar 30, 2020 · Control person joined · fact
  • M••••• F•••••••• G•••• L•• reported RAUM $1.2B, up 276% from $310.3M (2018-03-30 to 2019-03-29)
    Mar 29, 2019 · RAUM change · derived
  • M••••• F•••••••• G•••• L•• reported RAUM $310.3M, up 138% from $130.5M (2017-10-23 to 2018-03-30)
    Mar 30, 2018 · RAUM change · derived
  • M••••• F•••••••• G•••• L•• filed its initial SEC registration (Form ADV)
    Aug 3, 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
Business phone
212-202-7670reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
646-813-7001reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
800-339-1367reportedpublished by the firm, firm site, Sep 15, 2026
Website
magnusfinancial.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
800-339-1367reportedpublic record, Form ADV, Mar 31, 2026
Contact form
magnusfinancial.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
Team page
magnusfinancial.com/about-us/meet-the-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
$233Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026