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

I• O• C••••••

Independent wealth managerMiami, FloridaCRD 290038SEC 801-117554websiteIAPD
Legal name I• O• C•••••• A••••••• L••
Latest filing Mar 26, 2026
First filing on the tape Sep 27, 2019 · 15 filings
SEC status approved since Oct 29, 2019
RAUM
$389M
reported, Item 5.F
Discretionary
0.1%
of RAUM
Private clients
100%
$389M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$77.9M
derived; firm RAUM over IAPD count
Employees
16
8 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$389M as of Mar 26, 2026
Mar 27, 2020$349M then
HNW client RAUM$389M as of Mar 26, 2026
Mar 27, 2020$349M then
State-registered IARs (5.B.3)5 as of Mar 26, 2026
Mar 27, 20202 then
Employees (5.A)16 as of Mar 26, 2026
Mar 27, 20209 then
Private funds6 as of Mar 25, 2025
Mar 28, 20245 then
RAUM +1.1% over the last fiscal year+5.7% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
RAUM per advisor
$77.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$9.7MderivedHNW RAUM over HNW clients
Average account
$9.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.1%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.2derivedItem 5.A over advisors
Advisors per office
2.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+1.1%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
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, otherreportedItem 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
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$389M100%
Individual clients
n/areported
HNW clients
40reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
40reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
P•••• N••• D• C•••• P•••Chartered Financial AnalystMiami, Fl Mar 12, 202410 y0
A•••••• B••••••Miami, FlNov 18, 202533 y4
R•••• C••••••Miami, Fl Dec 23, 202510 y0
N•••••• P••••• D•••••Chartered Financial AnalystPanamaJan 1, 202612 y0
P••••••• J•••••• P•••••Chartered Financial AnalystMiami, FlJan 1, 202610 y0
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Private funds
    5 reported on Schedule D 7.B.(1)
    FundTypeGross assetsOwnersFirst reported
    A••••• E••••• G••••• S•••••••Other Private Fund$6.9M50Mar 28, 2024
    E•••••• G••••• S•••••••Other Private Fund$4.3M26Mar 28, 2024
    G• I•••••••••Other Private Fund$3.3M1Mar 28, 2024
    N••• G••••••••• G••••• S•••••••Other Private Fund$3.2M12Mar 28, 2024
    G••••• A••••••••• O•••••••••Other Private Fund$2.7M5Mar 28, 2024
    Owners and control persons
    Schedule A and B, latest filing
    • C••••••• R•••• · Presidentcontrol
      since 07/2017 · owns 75% or more
    • B••••••• A•••••• · Cco
      since 03/2018 · owns less than 5%
    Related persons
    Schedule D 7.A
    • I• O• C•••••• S•••
      broker-dealern
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Miami, Fl · principal430
    Offices
    Schedule D 1.F, the 25 largest
    • Panama, Panama4 employees
    ADV anomalies
    2 against comparable advisers; where to look, not conclusions
    • unusually large average HNW clientStatic outlier · filing Mar 26, 2026
      HNW RAUM per HNW client of $9,735,771 against a peer median of $2,404,040 (4940 comparable advisers, 99.0th percentile, 4.9 robust deviations)
      peers: independent wealth managers, $100M to $500M (4,940) · 99% percentile
    • business activity changedChange between filings · filing Mar 26, 2026
      advises private funds (Item 7.B): yes on the filing of 2025-03-25, no on the filing of 2026-03-26
      peers: independent wealth managers, $100M to $500M (5,676)
    What changed
    consecutive filings, newest first
    • Accounts · 48 to 40
      Mar 25, 2025 to Mar 26, 2026
    • Advisory employees · 9 to 8
      Mar 25, 2025 to Mar 26, 2026
    • HNW clients · 42 to 40
      Mar 25, 2025 to Mar 26, 2026
    • Private funds · 6 to unset
      Mar 25, 2025 to Mar 26, 2026
    • Discretionary RAUM · $24.3M to $305,505
      Mar 25, 2025 to Mar 26, 2026
    • HNW RAUM · $361M to $389M
      Mar 25, 2025 to Mar 26, 2026
    • Non-discretionary RAUM · $361M to $389M
      Mar 25, 2025 to Mar 26, 2026
    • RAUM · $385M to $389M
      Mar 25, 2025 to Mar 26, 2026
    • Accounts · 45 to 48
      Mar 28, 2024 to Mar 25, 2025
    • Advisory employees · 10 to 9
      Mar 28, 2024 to Mar 25, 2025
    • BD registered reps · 1 to 0
      Mar 28, 2024 to Mar 25, 2025
    • HNW clients · 40 to 42
      Mar 28, 2024 to Mar 25, 2025
    • Assets in custody · 0.0 to unset
      Mar 28, 2024 to Mar 25, 2025
    • Financial planning clients · unset to
      Mar 28, 2024 to Mar 25, 2025
    • Private funds · 5 to 6
      Mar 28, 2024 to Mar 25, 2025
    • Discretionary RAUM · $20.4M to $24.3M
      Mar 28, 2024 to Mar 25, 2025
    • HNW RAUM · $329M to $361M
      Mar 28, 2024 to Mar 25, 2025
    • Non-discretionary RAUM · $329M to $361M
      Mar 28, 2024 to Mar 25, 2025
    • RAUM · $349M to $385M
      Mar 28, 2024 to Mar 25, 2025
    • Accounts · 50 to 45
      Apr 11, 2023 to Mar 28, 2024
    • Advisory employees · 14 to 10
      Apr 11, 2023 to Mar 28, 2024
    • HNW clients · 50 to 40
      Apr 11, 2023 to Mar 28, 2024
    • State-registered IARs · 3 to 5
      Apr 11, 2023 to Mar 28, 2024
    • Private funds · unset to 5
      Apr 11, 2023 to Mar 28, 2024
    • Discretionary RAUM · $0 to $20.4M
      Apr 11, 2023 to Mar 28, 2024
    • HNW RAUM · $329M to $329M
      Apr 11, 2023 to Mar 28, 2024
    • Non-discretionary RAUM · $329M to $329M
      Apr 11, 2023 to Mar 28, 2024
    • RAUM · $329M to $349M
      Apr 11, 2023 to Mar 28, 2024
    • Accounts · 48 to 50
      Mar 31, 2022 to Apr 3, 2023
    • Advisory activities · 1 to 2
      Mar 31, 2022 to Apr 3, 2023
    • HNW clients · 48 to 50
      Mar 31, 2022 to Apr 3, 2023
    • Discretionary RAUM · $229M to $0
      Mar 31, 2022 to Apr 3, 2023
    • HNW RAUM · $376M to $329M
      Mar 31, 2022 to Apr 3, 2023
    • Non-discretionary RAUM · $147M to $329M
      Mar 31, 2022 to Apr 3, 2023
    • RAUM · $376M to $329M
      Mar 31, 2022 to Apr 3, 2023
    • Accounts · 40 to 48
      Jun 15, 2021 to Mar 31, 2022
    • Advisory employees · 10 to 14
      Jun 15, 2021 to Mar 31, 2022
    • HNW clients · 42 to 48
      Jun 15, 2021 to Mar 31, 2022
    • Employees · 14 to 16
      Jun 15, 2021 to Mar 31, 2022
    • Discretionary RAUM · $217M to $229M
      Jun 15, 2021 to Mar 31, 2022
    Signals
    1 dated events
    • I• O• C•••••• filed its initial SEC registration (Form ADV)
      Sep 27, 2019 · 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 email
    info@inoncapitaladvisors.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    305-721-2811reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    305 721-2811reportedpublic record, Form ADV, Mar 26, 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
    $77.9Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026