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
Sage Rhino Capital LLC
Latest filing Mar 25, 2026
First filing on the tape Nov 10, 2017 · 27 filings
SEC status approved since Dec 15, 2017
RAUM
$884M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$871M individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$98.2M
derived; firm RAUM over IAPD count
Employees
10
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$884M as of Mar 25, 2026
Feb 2, 2018$184M then
HNW client RAUM$850M as of Mar 25, 2026
Feb 2, 2018$184M then
State-registered IARs (5.B.3)10 as of Mar 25, 2026
Feb 2, 20184 then
Employees (5.A)10 as of Mar 25, 2026
Feb 2, 20184 then
Private funds: no history
RAUM +12% over the last fiscal year+13% a year over threeIARs 8 to 10
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
- 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
- RAUM per advisor
- $98.2MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 21derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $6.1MderivedHNW RAUM over HNW clients
- Average account
- $588,351derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 1.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.1derivedItem 5.A over advisors
- Advisors per office
- 9.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +12%derivedbetween the last two annual amendments
- Advisor growth, one year
- +25%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +2.1%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $75.7M, 225 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$850M96%
- Individuals$20.7M2.3%
- Pension and profit-sharing plans$10.2M1.2%
- Corporations and businesses$2.4M0.3%
- Individual clients
- 53reported
- HNW clients
- 139reported
- Pension plan clients
- 2reported
- Charitable clients
- n/areported
- Accounts
- 1,502reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $75.7M for 225 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Nicole Allana Glazer | Menlo Park, Ca | Dec 15, 2017 | 12 y | 1 |
| Caroline Novak | Menlo Park, Ca | Dec 15, 2017 | 24 y | 2 |
| Denise Helen Farkas | Menlo Park, Ca | Dec 15, 2017 | 20 y | 3 |
| Igor Boris LotsvinChartered Financial Analyst | Menlo Park, Ca | Dec 15, 2017 | 19 y | 2 |
| Laura Dan'Ette Ponticello | Menlo Park, Ca | Mar 22, 2021 | 23 y | 1 |
| Mia Carla A Dizon | Menlo Park, Ca | Mar 15, 2022 | 18 y | 2 |
| Alex Michael Owens | Menlo Park, Ca | Apr 4, 2024 | 10 y | 1 |
| Dana Elaine Franco-Young | Federal Way, Wa | Nov 15, 2024 | 26 y | 2 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 11% of current headcount1 left over 36 months
Left, latest
- Vincent Emil Zupo to Schwab Wealth Advisory, Inc.Apr 15, 2026 · Other
Joined, latest
- Vincent Emil Zupo from Alphacore Capital LLCJul 23, 2025 · RIA to RIA
- Dana Elaine Franco-Young from Merrill Lynch, Pierce, Fenner & Smith IncorporatedNov 15, 2024 · Wirehouse to independent RIA
- Alex Michael Owens from Proffitt & Goodson Inc.Apr 4, 2024 · RIA to RIA
- Mia Carla A Dizon from Merrill Lynch, Pierce, Fenner & Smith IncorporatedMar 15, 2022 · Wirehouse to independent RIA
- Laura Dan'Ette Ponticello from Merrill Lynch, Pierce, Fenner & Smith IncorporatedMar 22, 2021 · Wirehouse to independent RIA
- Igor Boris Lotsvin from Merrill Lynch, Pierce, Fenner & Smith IncorporatedDec 15, 2017 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- Caroline Novak from Merrill Lynch, Pierce, Fenner & Smith IncorporatedDec 15, 2017 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- Denise Helen Farkas from Merrill Lynch, Pierce, Fenner & Smith IncorporatedDec 15, 2017 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- Nicole Allana Glazer from Merrill Lynch, Pierce, Fenner & Smith IncorporatedDec 15, 2017 · Wirehouse to a newly registered adviser (no RAUM reported yet)
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Merrill Lynch, Pierce, Fenner & Smith IncorporatedJan 4, 2018 · Palo Alto, Ca
- 2 joined from Merrill Lynch, Pierce, Fenner & Smith IncorporatedDec 19, 2017 · Palo Alto, Ca
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Taotze David Chu · Chief Finanical Officercontrolsince 11/2019 · owns less than 5%
- Elaine Dana Franco-Young · Chief Compliance Officercontrolsince 01/2023 · owns less than 5%
- Boris Igor Lotsvin · Trusteecontrolsince 05/2007 · owns 50% to 75% of Lotsvin-Novak Family Revocable Trust U/A Dated May 18th, 2007
- Caroline Novak · Trusteecontrolsince 05/2007 · owns 50% to 75% of Lotsvin-Novak Family Revocable Trust U/A Dated May 18th, 2007
Entity owners
- Lotsvin-Novak Family Revocable Trust U/A Dated May 18th, 2007 · Memberdirect · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Menlo Park, Ca · principal | 8 | 0 | 0 | ||
| San Diego, Ca | 0 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,441 to 1,502Mar 21, 2025 to Mar 25, 2026
- HNW clients · 138 to 139Mar 21, 2025 to Mar 25, 2026
- Individual clients · 50 to 53Mar 21, 2025 to Mar 25, 2026
- Assets in custody · $54.5M to $75.7MMar 21, 2025 to Mar 25, 2026
- Employees · 9 to 10Mar 21, 2025 to Mar 25, 2026
- Financial planning clients · 1-10 to 0Mar 21, 2025 to Mar 25, 2026
- State-registered IARs · 8 to 10Mar 21, 2025 to Mar 25, 2026
- Discretionary RAUM · $787M to $884MMar 21, 2025 to Mar 25, 2026
- HNW RAUM · $758M to $850MMar 21, 2025 to Mar 25, 2026
- Individual RAUM · $16.4M to $20.7MMar 21, 2025 to Mar 25, 2026
- Pension RAUM · $8.4M to $10.2MMar 21, 2025 to Mar 25, 2026
- RAUM · $787M to $884MMar 21, 2025 to Mar 25, 2026
- Accounts · 1,442 to 1,441Nov 5, 2024 to Mar 21, 2025
- Advisory employees · 3 to 4Nov 5, 2024 to Mar 21, 2025
- HNW clients · 132 to 138Nov 5, 2024 to Mar 21, 2025
- Individual clients · 48 to 50Nov 5, 2024 to Mar 21, 2025
- Pension plan clients · 3 to 2Nov 5, 2024 to Mar 21, 2025
- Assets in custody · $44.8M to $54.5MNov 5, 2024 to Mar 21, 2025
- Employees · 8 to 9Nov 5, 2024 to Mar 21, 2025
- Financial planning clients · 0 to 1-10Nov 5, 2024 to Mar 21, 2025
- State-registered IARs · 7 to 8Nov 5, 2024 to Mar 21, 2025
- Discretionary RAUM · $712M to $787MNov 5, 2024 to Mar 21, 2025
- HNW RAUM · $685M to $758MNov 5, 2024 to Mar 21, 2025
- Individual RAUM · $16.0M to $16.4MNov 5, 2024 to Mar 21, 2025
- Pension RAUM · $7.4M to $8.4MNov 5, 2024 to Mar 21, 2025
- RAUM · $712M to $787MNov 5, 2024 to Mar 21, 2025
- Accounts · 1,377 to 1,442Apr 14, 2023 to Mar 21, 2024
- Advisory employees · 2 to 3Apr 14, 2023 to Mar 21, 2024
- HNW clients · 120 to 132Apr 14, 2023 to Mar 21, 2024
- Individual clients · 44 to 48Apr 14, 2023 to Mar 21, 2024
- Assets in custody · $41.2M to $44.8MApr 14, 2023 to Mar 21, 2024
- Employees · 10 to 8Apr 14, 2023 to Mar 21, 2024
- Discretionary RAUM · $617M to $712MApr 14, 2023 to Mar 21, 2024
- HNW RAUM · $594M to $685MApr 14, 2023 to Mar 21, 2024
- Individual RAUM · $14.4M to $16.0MApr 14, 2023 to Mar 21, 2024
- Pension RAUM · $6.2M to $7.4MApr 14, 2023 to Mar 21, 2024
- RAUM · $617M to $712MApr 14, 2023 to Mar 21, 2024
- Accounts · 1,301 to 1,377Oct 14, 2022 to Mar 21, 2023
- Corporate clients · unset to 2.0Oct 14, 2022 to Mar 21, 2023
- Individual clients · 40 to 44Oct 14, 2022 to Mar 21, 2023
Signals
5 dated events
- Vincent Emil Zupo left Sage Rhino Capital Llc for Schwab Wealth Advisory, Inc. (registered 2026-07-03)Apr 15, 2026 · Advisor changed firm · fact
- Taotze David Chu (Chief Finanical Officer) appeared on Schedule A of Sage Rhino Capital LlcMar 21, 2024 · Control person joined · fact
- Elaine Dana Franco-Young (Chief Compliance Officer) appeared on Schedule A of Sage Rhino Capital LlcMar 21, 2023 · Control person joined · fact
- Sage Rhino Capital Llc reported RAUM $352.7M, up 92% from $184.0M (2018-02-02 to 2018-04-20)Apr 20, 2018 · RAUM change · derived
- Sage Rhino Capital Llc filed its initial SEC registration (Form ADV)Nov 10, 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/sage-rhino-capital-llc/aboutreportedpublic record, Form ADV, Sep 17, 2026
- Website
- SAGERHINO.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (650) 352-5600reportedpublic record, Form ADV, Mar 25, 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
- $98.2Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026