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

Direxion Advisors, LLC

Former SEC-registered adviserNew York, New YorkCRD 291610SEC 801-112372IAPD
Latest filing Mar 30, 2020
First filing on the tape Jan 2, 2018 · 7 filings
RAUM
$38.2M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
37
9 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$38.2M as of Mar 30, 2020
Mar 1, 2019$126M then
HNW client RAUM: no history
State-registered IARs (5.B.3)18 as of Mar 30, 2020
Mar 1, 201918 then
Employees (5.A)37 as of Mar 30, 2020
Mar 1, 201939 then
Private funds: no history
RAUM -70% over the last fiscal yearIARs 18 to 18offices 0 to 1
Practice profile
derived from the filing of Mar 30, 2020; every figure names its basis
RAUM per advisor
$2.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$7.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.1derivedItem 5.A over advisors
Advisors per office
9.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-70%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 assetsreportedItem 5.E
Advisory activities
portfolio management for investment companiesreportedItem 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$38.2M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
5reported
Financial planning clients
0reported
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
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Damian Robert Nestor · Presidentcontrol
        since 04/2018 · owns less than 5%
      • Dillon Daniel O'Neill · Membercontrol
        since 02/2019 · owns less than 5%
      • Rafferty Kathleen Hay · Officer And Trusteecontrol
        since 11/2000 · owns 25% to 50% of Rafferty Holdings LLC
      • Dillon Daniel O'Neill · Membercontrol
        since 05/2009 · owns 75% or more of Minakian Partners, LLC
      • Lawrence Michael Rafferty · Officer And Trusteecontrol
        since 01/1999 · owns 25% to 50% of Rafferty Holdings LLC
      • Mary Angela Brickl · Chief Compliance Officer & General Counsel
        since 09/2012 · owns less than 5%
      • James Patrick Rudnick · Chief Financial Officer
        since 05/2010 · owns less than 5%
      Entity owners
      • Rafferty Asset Management, LLC · Member
        direct · owns 75% or more
      • Rafferty Holdings LLC · Member
        indirect · owns 25% to 50% of Rafferty Asset Management, LLC
      • Minakian Partners, LLC · Member
        indirect · owns 25% to 50% of Rafferty Asset Management, LLC
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY2 employees
      What changed
      consecutive filings, newest first
      • Employees · 39 to 37
        Nov 18, 2019 to Mar 30, 2020
      • Other offices · 0 to 1
        Nov 18, 2019 to Mar 30, 2020
      • Discretionary RAUM · $126M to $38.2M
        Nov 18, 2019 to Mar 30, 2020
      • RAUM · $126M to $38.2M
        Nov 18, 2019 to Mar 30, 2020
      • Accounts · 6 to 5
        Jul 26, 2018 to Mar 1, 2019
      • Advisory employees · 8 to 9
        Jul 26, 2018 to Mar 1, 2019
      • BD registered reps · 16 to 18
        Jul 26, 2018 to Mar 1, 2019
      • Employees · 35 to 39
        Jul 26, 2018 to Mar 1, 2019
      • State-registered IARs · 16 to 18
        Jul 26, 2018 to Mar 1, 2019
      • Discretionary RAUM · $179M to $126M
        Jul 26, 2018 to Mar 1, 2019
      • RAUM · $179M to $126M
        Jul 26, 2018 to Mar 1, 2019
      • Financial planning clients · 1-10 to 0
        Feb 21, 2018 to Mar 28, 2018
      • Discretionary RAUM · $186M to $179M
        Feb 21, 2018 to Mar 28, 2018
      • RAUM · $186M to $179M
        Feb 21, 2018 to Mar 28, 2018
      • Accounts · unset to 6.0
        Jan 2, 2018 to Feb 21, 2018
      • Financial planning clients · unset to 1-10
        Jan 2, 2018 to Feb 21, 2018
      • Discretionary RAUM · unset to 186000000.0
        Jan 2, 2018 to Feb 21, 2018
      • Non-discretionary RAUM · unset to 0.0
        Jan 2, 2018 to Feb 21, 2018
      • RAUM · unset to 186000000.0
        Jan 2, 2018 to Feb 21, 2018
      Signals
      2 dated events
      • Colin Lawrence Rafferty (Chairman) no longer on Schedule A of Direxion Advisors, Llc (listed 2019-03-01, absent 2019-11-18)
        Nov 18, 2019 · Control person left · inference
      • Direxion Advisors, Llc filed its initial SEC registration (Form ADV)
        Jan 2, 2018 · 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