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

Thayer Partners LLC

Independent wealth managerCRD 290734SEC 801-118392websiteIAPD
Latest filing Apr 2, 2026
First filing on the tape Mar 6, 2020 · 23 filings
SEC status approved since Apr 6, 2020
RAUM
$686M
reported, Item 5.F
Discretionary
64%
of RAUM
Private clients
64%
$437M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$85.7M
derived; firm RAUM over IAPD count
Employees
11
7 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$686M as of Apr 2, 2026
Feb 26, 2021$253M then
HNW client RAUM$355M as of Apr 2, 2026
Feb 26, 2021$57.0M then
State-registered IARs (5.B.3)7 as of Apr 2, 2026
Feb 26, 20213 then
Employees (5.A)11 as of Apr 2, 2026
Feb 26, 20215 then
Private funds: no history
RAUM +71% over the last fiscal year+20% a year over threeIARs 0 to 7
Practice profile
derived from the filing of Apr 2, 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
  • 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
$85.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
44derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$1.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
64%derivedof RAUM
Institutional
36%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
1.3derived6 offices incl. principal (1.F.5)
RAUM growth, one year
+71%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
+67%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$63.5M, 104 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$355M52%
  • Pension and profit-sharing plans$248M36%
  • Individuals$81.9M12%
  • Corporations and businesses$1.3M0.2%
Individual clients
212reported
HNW clients
140reported
Pension plan clients
18reported
Charitable clients
n/areported
Accounts
373reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$63.5M for 104 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.64 fund_share=0.0 institutional_share=0.36 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Deborah Ann DeckmanWyndmoor, Pa Oct 28, 201918 y3
John Christopher WilmerdingWyndmoor, PaJun 9, 202020 y2
David Stanley BeckwithChartered Financial AnalystWyndmoor, Pa Jul 11, 202229 y2
David MillerCambridge, Ma Jul 10, 202311 y0
Joseph Francis CilibertiCertified Financial PlannerWyndmoor, Pa Jun 11, 202427 y4
Lori MorellWyndmoor, Pa Oct 9, 202542 y1
Marci Gale SilvermanAlpharetta, Ga Oct 14, 202529 y1
Timothy Paul KriegelWyndmoor, Pa Aug 21, 202629 y1
Advisor movement
0 left, 3 joined in 12 months
net +3 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    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
      • Stanley David Beckwith · Chief Investment Officercontrol
        since 04/2022 · owns less than 5%
      • Christopher John Wilmerding · President And Chief Compliance Officercontrol
        since 11/2017 · owns 75% or more
      Related persons
      Schedule D 7.A
      • Altus Corporate Risk
        real estaten
      • Miller Thayer
        insurancen
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Wyndmoor, Pa830
      Alpharetta, Ga330
      Offices
      Schedule D 1.F, the 25 largest
      • Cambridge, MA1 employees
      • , 1 employees
      ADV anomalies
      8 against comparable advisers; where to look, not conclusions
      • institutional to wealth shiftCombination · filing Apr 2, 2026
        institutional share fell 15 points or more while private-client share rose 15 points or more. RAUM $401,277,320 to $685,710,296, advisors 0 to 7, private clients 211 to 352, offices 5 to 5 (2025-03-31 to 2026-04-02)
        peers: independent wealth managers, $500M to $1B (1,482)
      • HNW share shiftChange between filings · filing Apr 2, 2026
        HNW share of RAUM moved from 33.0% to 52.0% between the annual amendments of 2025-03-31 and 2026-04-02
        peers: independent wealth managers, $500M to $1B (1,482)
      • client mix shiftChange between filings · filing Apr 2, 2026
        private-client share of RAUM moved from 45.0% to 64.0% between the annual amendments of 2025-03-31 and 2026-04-02
        peers: independent wealth managers, $500M to $1B (1,482)
      • RAUM up 50 %Change between filings · filing Apr 2, 2026
        RAUM (Item 5.F) moved from $401,277,320 to $685,710,296 (+71.0%) between the annual amendments of 2025-03-31 and 2026-04-02; the peer median change was +16.0% (1385 comparable advisers, 96.0th percentile of changes)
        peers: independent wealth managers, $500M to $1B (1,385) · 96% percentile
      • account count collapseChange between filings · filing Apr 2, 2026
        accounts (Item 5.F.2.f) moved from 609.0 to 373.0 (-39.0%) between the annual amendments of 2025-03-31 and 2026-04-02; the peer median change was +6.0% (1256 comparable advisers, 2.0th percentile of changes)
        peers: independent wealth managers, $500M to $1B (1,256) · 2.3% percentile
      • client count surgeChange between filings · filing Apr 2, 2026
        individual and HNW clients (Item 5.D) moved from 211.0 to 352.0 (+67.0%) between the annual amendments of 2025-03-31 and 2026-04-02; the peer median change was +5.0% (1216 comparable advisers, 98.0th percentile of changes)
        peers: independent wealth managers, $500M to $1B (1,216) · 98% percentile
      • discretionary share shiftChange between filings · filing Apr 2, 2026
        discretionary share of RAUM moved from 45.0% to 64.0% between the annual amendments of 2025-03-31 and 2026-04-02
        peers: independent wealth managers, $500M to $1B (1,482)
      • institutional asset share shiftChange between filings · filing Apr 2, 2026
        institutional share of RAUM moved from 55.0% to 36.0% between the annual amendments of 2025-03-31 and 2026-04-02
        peers: independent wealth managers, $500M to $1B (1,482)
      What changed
      consecutive filings, newest first
      • Accounts · 609 to 373
        May 30, 2025 to Mar 30, 2026
      • Corporate clients · unset to 3.0
        May 30, 2025 to Mar 30, 2026
      • HNW clients · 70 to 140
        May 30, 2025 to Mar 30, 2026
      • Individual clients · 141 to 212
        May 30, 2025 to Mar 30, 2026
      • Pension plan clients · 15 to 18
        May 30, 2025 to Mar 30, 2026
      • Assets in custody · $52.1M to $63.5M
        May 30, 2025 to Mar 30, 2026
      • Employees · 12 to 11
        May 30, 2025 to Mar 30, 2026
      • State-registered IARs · 0 to 7
        May 30, 2025 to Mar 30, 2026
      • Discretionary RAUM · $179M to $439M
        May 30, 2025 to Mar 30, 2026
      • HNW RAUM · $131M to $355M
        May 30, 2025 to Mar 30, 2026
      • Individual RAUM · $48.4M to $81.9M
        May 30, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $222M to $247M
        May 30, 2025 to Mar 30, 2026
      • Pension RAUM · $222M to $248M
        May 30, 2025 to Mar 30, 2026
      • RAUM · $401M to $686M
        May 30, 2025 to Mar 30, 2026
      • Related adviser · true to false
        May 30, 2025 to Mar 30, 2026
      • Financial planning clients · 0 to 0
        Mar 31, 2025 to May 30, 2025
      • Accounts · 316 to 609
        Mar 3, 2025 to Mar 31, 2025
      • Advisory employees · 4 to 7
        Mar 3, 2025 to Mar 31, 2025
      • HNW clients · 62 to 70
        Mar 3, 2025 to Mar 31, 2025
      • Individual clients · 78 to 141
        Mar 3, 2025 to Mar 31, 2025
      • Pension plan clients · 16 to 15
        Mar 3, 2025 to Mar 31, 2025
      • Employees · 7 to 12
        Mar 3, 2025 to Mar 31, 2025
      • State-registered IARs · 4 to 0
        Mar 3, 2025 to Mar 31, 2025
      • Other offices · 4 to 5
        Mar 3, 2025 to Mar 31, 2025
      • Discretionary RAUM · $109M to $179M
        Mar 3, 2025 to Mar 31, 2025
      • HNW RAUM · $81.9M to $131M
        Mar 3, 2025 to Mar 31, 2025
      • Individual RAUM · $26.7M to $48.4M
        Mar 3, 2025 to Mar 31, 2025
      • Non-discretionary RAUM · $186M to $222M
        Mar 3, 2025 to Mar 31, 2025
      • Pension RAUM · $186M to $222M
        Mar 3, 2025 to Mar 31, 2025
      • RAUM · $295M to $401M
        Mar 3, 2025 to Mar 31, 2025
      • Related adviser · false to true
        Mar 3, 2025 to Mar 31, 2025
      • HQ city · unset to
        Mar 18, 2024 to Mar 3, 2025
      • HQ state · unset to
        Mar 18, 2024 to Mar 3, 2025
      • Legal name · JOHN CHRISTOPHER WILMERDING to THAYER PARTNERS LLC
        Mar 18, 2024 to Mar 3, 2025
      • Succession · true to false
        Mar 18, 2024 to Mar 3, 2025
      • Legal name · THAYER PARTNERS LLC to JOHN CHRISTOPHER WILMERDING
        Mar 15, 2024 to Mar 18, 2024
      • Organization form · Sole Proprietorship to Limited Liability Company
        Mar 15, 2024 to Mar 18, 2024
      • Organization form · Limited Liability Company to Sole Proprietorship
        Feb 16, 2024 to Mar 15, 2024
      • Succession · false to true
        Feb 16, 2024 to Mar 15, 2024
      • Accounts · 135 to 316
        Jul 19, 2023 to Feb 16, 2024
      Signals
      8 dated events
      • Thayer Partners Llc reported RAUM $685.7M, up 71% from $401.3M (2025-05-30 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • 2 advisors left Linder Financial Services, Inc. (Alpharetta, GA) for Thayer Partners LLC on the same day
        Oct 29, 2025 · Team lift-out · derived
      • Thayer Partners Llc reported RAUM $401.3M, up 36% from $294.8M (2025-03-03 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • Thayer Partners Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Mar 15, 2024 · Succession (Item 4) · fact
      • Thayer Partners Llc reported RAUM $294.8M, down 26% from $400.3M (2023-07-19 to 2024-02-16)
        Feb 16, 2024 · RAUM change · derived
      • Thayer Partners Llc reported RAUM $408.7M, up 56% from $261.7M (2022-03-15 to 2022-06-06)
        Jun 6, 2022 · RAUM change · derived
      • Stanley David Beckwith (Chief Investment Officer) appeared on Schedule A of Thayer Partners Llc
        Jun 6, 2022 · Control person joined · fact
      • Thayer Partners Llc filed its initial SEC registration (Form ADV)
        Mar 6, 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.
      How to reach
      public business contact points only, each with its source
      Business phone
      617-275-5430reportedpublished by the firm, firm site, Sep 15, 2026
      Business phone
      770-696-4470reportedpublished by the firm, firm site, Sep 15, 2026
      Firm profile
      linkedin.com/company/thayerpartnersreportedpublic record, Form ADV, Sep 18, 2026
      Website
      linderfinancial.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      617-275-5430reportedpublic record, Form ADV, Apr 2, 2026
      Contact form
      linderfinancial.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
      Team page
      linderfinancial.com/our-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
      $85.7Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026