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

Miramar Capital

Former SEC-registered adviserNorthbrook, IllinoisCRD 290909SEC 801-112078website IAPD

Legal name Miramar Capital LLC

Latest filing Mar 27, 2026

First filing on the tape Oct 27, 2017 · 23 filings

SEC status approved since Nov 27, 2017

RAUM

$550M

reported, Item 5.F

Discretionary

99%

of RAUM

Private clients

77%

$424M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

n/a

derived; firm RAUM over IAPD count

Employees

3 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

23 filings and snapshots on the tape

RAUM$550M as of Mar 27, 2026

Mar 21, 2018$156M then

HNW client RAUM$406M as of Mar 27, 2026

Mar 21, 2018$125M then

State-registered IARs (5.B.3)3 as of Mar 27, 2026

Mar 21, 20181 then

Employees (5.A)6 as of Mar 27, 2026

Mar 21, 20185 then

Private funds: no history

RAUM +8.1% over the last fiscal year+3.0% a year over threeIARs 3 to 3

Practice profile

derived from the filing of Mar 27, 2026; every figure names its basis

RAUM per advisor: $183MderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 47derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $3.9MderivedHNW RAUM over HNW clients
Average account: $1.5MderivedRAUM over accounts (5.F.2.f)
Discretionary: 99%derivedof RAUM
Institutional: 7.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 2.0derivedItem 5.A over advisors
Advisors per office: 3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year: +8.1%derivedbetween the last two annual amendments
Advisor growth, one year: +0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year: +3.7%derived
Compensation: percentage of assetsreportedItem 5.E
Advisory activities: financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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

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)

Where the RAUM sits

Form ADV Item 5.D, latest filing

High-net-worth individuals$406M74%
Corporations and businesses$77.9M14%
Charitable organizations$39.9M7.2%
Individuals$18.0M3.3%
Banks and thrifts$8.9M1.6%

Individual clients: 38reported
HNW clients: 103reported
Pension plan clients: n/areported
Charitable clients: 1reported
Accounts: 369reported
Financial planning clients: 1-10reported
Wrap fee programs: noreported
Custody of client assets: noreported
Compensation: % of AUMreported
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 months3 left in 90 days0 joined in 90 days3 left over 36 months

Left, latest

Chris Kostiuk to Wealth Enhancement Advisory Services, LLC
Aug 27, 2026 · RIA to affiliated broker-dealer or bank
Max Scott Wasserman to Wealth Enhancement Advisory Services, LLC
Aug 27, 2026 · RIA to affiliated broker-dealer or bank
Robert Kalman to Wealth Enhancement Advisory Services, LLC
Aug 27, 2026 · RIA to affiliated broker-dealer or bank
Steven Harman Mogul to Arete Wealth Advisors, LLC
May 16, 2023 · RIA to affiliated broker-dealer or bank

Joined, latest

Chris Kostiuk from Premier Asset Management LLC
Jan 10, 2022 · RIA to RIA
Steven Harman Mogul from UBS Financial Services Inc.
Aug 26, 2020 · Wirehouse to independent RIA
Max Scott Wasserman from UBS Financial Services Inc.
Dec 1, 2017 · Wirehouse to a newly registered adviser (no RAUM reported yet)
Robert Kalman from Kalman Kushnir Capital Inc.
Nov 27, 2017 · Other

Every departure Every arrival

Teams: two or more advisors moving together within fourteen days, from one state

3 left for Wealth Enhancement Advisory Services, LLC
Aug 27, 2026 · Northbrook, Il · Firm absorbed

Teams out Teams in

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

Papas Beth Desantiago · Chief Compliance Officercontrol
since 01/2024 · owns less than 5%
Robert Kalman · Membercontrol
since 10/2017 · owns 50% to 75%
Scott Max Wasserman · Membercontrol
since 12/2017 · owns 50% to 75%

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
Northbrook, Il · principal	0	0	3

Offices

Schedule D 1.F, the 25 largest

No branch office listed.

What changed

consecutive filings, newest first

Accounts · 340 to 369
Mar 24, 2025 to Mar 27, 2026
Charity clients · 2 to 1
Mar 24, 2025 to Mar 27, 2026
HNW clients · 100 to 103
Mar 24, 2025 to Mar 27, 2026
Individual clients · 36 to 38
Mar 24, 2025 to Mar 27, 2026
Pension plan clients · 1.0 to unset
Mar 24, 2025 to Mar 27, 2026
Discretionary RAUM · $500M to $543M
Mar 24, 2025 to Mar 27, 2026
HNW RAUM · $366M to $406M
Mar 24, 2025 to Mar 27, 2026
Individual RAUM · $18.0M to $18.0M
Mar 24, 2025 to Mar 27, 2026
Non-discretionary RAUM · $9.2M to $7.2M
Mar 24, 2025 to Mar 27, 2026
Pension RAUM · 2498381.0 to unset
Mar 24, 2025 to Mar 27, 2026
RAUM · $509M to $550M
Mar 24, 2025 to Mar 27, 2026
Accounts · 356 to 340
May 2, 2024 to Mar 24, 2025
Corporate clients · 9 to 7
May 2, 2024 to Mar 24, 2025
HNW clients · 98 to 100
May 2, 2024 to Mar 24, 2025
Financial planning clients · 1-10 to 1-10
May 2, 2024 to Mar 24, 2025
Discretionary RAUM · $470M to $500M
May 2, 2024 to Mar 24, 2025
HNW RAUM · $350M to $366M
May 2, 2024 to Mar 24, 2025
Individual RAUM · $16.9M to $18.0M
May 2, 2024 to Mar 24, 2025
Non-discretionary RAUM · $21.4M to $9.2M
May 2, 2024 to Mar 24, 2025
Pension RAUM · $2.1M to $2.5M
May 2, 2024 to Mar 24, 2025
RAUM · $491M to $509M
May 2, 2024 to Mar 24, 2025
Wrap assets (manager) · 0.0 to unset
May 2, 2024 to Mar 24, 2025
Wrap assets (sponsor) · 0.0 to unset
May 2, 2024 to Mar 24, 2025
Accounts · 495 to 356
Mar 25, 2023 to Mar 27, 2024
Advisory employees · 4 to 3
Mar 25, 2023 to Mar 27, 2024
Charity clients · unset to 2.0
Mar 25, 2023 to Mar 27, 2024
Corporate clients · 5 to 9
Mar 25, 2023 to Mar 27, 2024
HNW clients · 118 to 98
Mar 25, 2023 to Mar 27, 2024
Individual clients · 78 to 36
Mar 25, 2023 to Mar 27, 2024
Pension plan clients · unset to 1.0
Mar 25, 2023 to Mar 27, 2024
State-registered IARs · 4 to 3
Mar 25, 2023 to Mar 27, 2024
Discretionary RAUM · $453M to $470M
Mar 25, 2023 to Mar 27, 2024
HNW RAUM · $387M to $350M
Mar 25, 2023 to Mar 27, 2024
Individual RAUM · $27.9M to $16.9M
Mar 25, 2023 to Mar 27, 2024
Non-discretionary RAUM · $50.0M to $21.4M
Mar 25, 2023 to Mar 27, 2024
Pension RAUM · $1.8M to $2.1M
Mar 25, 2023 to Mar 27, 2024
RAUM · $503M to $491M
Mar 25, 2023 to Mar 27, 2024
Corporate clients · 4 to 5
Mar 22, 2022 to Mar 25, 2023
HNW clients · 112 to 118
Mar 22, 2022 to Mar 25, 2023
Individual clients · 82 to 78
Mar 22, 2022 to Mar 25, 2023

Signals

8 dated events

Miramar Capital no longer on the SEC adviser roster (last listed 2026-08-03, RAUM $550.3M)
Sep 1, 2026 · Left the SEC roster · derived
Max Scott Wasserman left Miramar Capital for Wealth Enhancement Advisory Services, Llc (registered 2026-08-03)
Aug 27, 2026 · Advisor changed firm · fact
Chris Kostiuk left Miramar Capital for Wealth Enhancement Advisory Services, Llc (registered 2026-08-03)
Aug 27, 2026 · Advisor changed firm · fact
Robert Kalman left Miramar Capital for Wealth Enhancement Advisory Services, Llc (registered 2026-08-03)
Aug 27, 2026 · Advisor changed firm · fact
Miramar Capital's advisors moved to Wealth Enhancement Advisory Services, LLC (Northbrook, IL): 3 of 3 registered, on the same day
Aug 27, 2026 · Firm absorbed (people side) · derived
Steven Harman Mogul left Miramar Capital for Arete Wealth Advisors, Llc (registered 2023-06-23)
May 16, 2023 · Advisor changed firm · fact
Miramar Capital reported RAUM $442.2M, up 36% from $325.6M (2021-08-16 to 2022-03-22)
Mar 22, 2022 · RAUM change · derived
Miramar Capital filed its initial SEC registration (Form ADV)
Oct 27, 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.

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