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

Innealta Capital

Asset manager (funds and pooled vehicles)CRD 292158SEC 801-112421websiteIAPD
Legal name Innealta Capital, LLC
Latest filing Apr 2, 2026
First filing on the tape Jan 10, 2018 · 20 filings
SEC status approved since Feb 13, 2018
RAUM
$222M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
9.9%
$22.0M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$74.1M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$222M as of Apr 2, 2026
Mar 29, 2019$159M then
HNW client RAUM$9.2M as of Apr 2, 2026
Mar 29, 2019$15.7M then
State-registered IARs (5.B.3)4 as of Apr 2, 2026
Mar 29, 20193 then
Employees (5.A)4 as of Apr 2, 2026
Mar 29, 20199 then
Private funds: no history
RAUM -14% over the last fiscal year-8.1% a year over threeIARs 4 to 4offices 1 to 0
Practice profile
derived from the filing of Apr 2, 2026; every figure names its basis
RAUM per advisor
$74.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
30derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$540,626derivedHNW RAUM over HNW clients
Average account
$1.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-14%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-5.3%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companiesreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$2.4M, 12 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
  • Investment companies$185M83%
  • Corporations and businesses$15.9M7.2%
  • Individuals$12.8M5.7%
  • High-net-worth individuals$9.2M4.1%
Individual clients
73reported
HNW clients
17reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
172reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $1.3M managedreported
Custody of client assets
$2.4M for 12 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.1 fund_share=0.83 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Vito Antonio SciaraffiaAustin, TxJul 11, 201814 y2
Carla Andrea Fava QuirogaAustin, TxJul 11, 201810 y1
Franco FavaAustin, TxDec 4, 202315 y0
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 33% of current headcount2 left over 36 months
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Andrea Carla Fava Quiroga · Chief Compliance Officer And Chief Operations Officercontrol
    since 06/2018 · owns less than 5%
  • Eduardo Gonzalo Maturana · Member Of The Board Of Managers To The Registrantcontrol
    since 11/2017 · owns less than 5%
  • Antonio Vito Sciaraffia · Member Of The Board Of Managers To The Registrant And Chief Investment Officercontrol
    since 11/2017 · owns less than 5%
  • Antonio Vito Sciaraffia · Sole Managing Membercontrol
    since 05/2016 · owns 75% or more of Riomaggiore Investments, LLC
  • Austin Nicholas Bowers · Member To The Registrant
    since 04/2018 · owns less than 5%
  • Yuxing Zhang · Member To The Registrant
    since 10/2018 · owns less than 5%
Entity owners
  • Riomaggiore Investments, LLC · Member To The Registrant
    direct · owns 75% or more
  • Alsacia Investments, LLC · Member To The Registrant
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Austin, Tx301
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 183 to 172
    Mar 25, 2025 to Feb 13, 2026
  • Corporate clients · 25 to 24
    Mar 25, 2025 to Feb 13, 2026
  • HNW clients · 23 to 17
    Mar 25, 2025 to Feb 13, 2026
  • Individual clients · 72 to 73
    Mar 25, 2025 to Feb 13, 2026
  • Assets in custody · $4.9M to $2.4M
    Mar 25, 2025 to Feb 13, 2026
  • Employees · 6 to 4
    Mar 25, 2025 to Feb 13, 2026
  • Other offices · 1 to 0
    Mar 25, 2025 to Feb 13, 2026
  • Discretionary RAUM · $259M to $222M
    Mar 25, 2025 to Feb 13, 2026
  • HNW RAUM · $10.2M to $9.2M
    Mar 25, 2025 to Feb 13, 2026
  • Individual RAUM · $11.4M to $12.8M
    Mar 25, 2025 to Feb 13, 2026
  • RAUM · $259M to $222M
    Mar 25, 2025 to Feb 13, 2026
  • Wrap assets (manager) · $1.6M to $1.3M
    Mar 25, 2025 to Feb 13, 2026
  • Accounts · 159 to 183
    Dec 10, 2024 to Mar 25, 2025
  • Advisory employees · 9 to 4
    Dec 10, 2024 to Mar 25, 2025
  • Corporate clients · 36 to 25
    Dec 10, 2024 to Mar 25, 2025
  • HNW clients · 31 to 23
    Dec 10, 2024 to Mar 25, 2025
  • Individual clients · 88 to 72
    Dec 10, 2024 to Mar 25, 2025
  • Assets in custody · $11.2M to $4.9M
    Dec 10, 2024 to Mar 25, 2025
  • Employees · 10 to 6
    Dec 10, 2024 to Mar 25, 2025
  • Financial planning clients · unset to
    Dec 10, 2024 to Mar 25, 2025
  • HQ city · AUSTIN to
    Dec 10, 2024 to Mar 25, 2025
  • HQ state · TX to
    Dec 10, 2024 to Mar 25, 2025
  • State-registered IARs · 6 to 4
    Dec 10, 2024 to Mar 25, 2025
  • Other offices · 0 to 1
    Dec 10, 2024 to Mar 25, 2025
  • Discretionary RAUM · $305M to $259M
    Dec 10, 2024 to Mar 25, 2025
  • HNW RAUM · $17.0M to $10.2M
    Dec 10, 2024 to Mar 25, 2025
  • Individual RAUM · $14.0M to $11.4M
    Dec 10, 2024 to Mar 25, 2025
  • RAUM · $305M to $259M
    Dec 10, 2024 to Mar 25, 2025
  • Wrap assets (manager) · $2.3M to $1.6M
    Dec 10, 2024 to Mar 25, 2025
  • Assets in custody · unset to 11243576.0
    Mar 29, 2024 to Dec 10, 2024
  • Custody of client assets · false to true
    Mar 29, 2024 to Dec 10, 2024
  • Accounts · 207 to 159
    Mar 28, 2023 to Mar 29, 2024
  • Advisory employees · 14 to 9
    Mar 28, 2023 to Mar 29, 2024
  • Corporate clients · 35 to 36
    Mar 28, 2023 to Mar 29, 2024
  • HNW clients · 8 to 31
    Mar 28, 2023 to Mar 29, 2024
  • Individual clients · 109 to 88
    Mar 28, 2023 to Mar 29, 2024
  • Employees · 17 to 10
    Mar 28, 2023 to Mar 29, 2024
  • State-registered IARs · 7 to 6
    Mar 28, 2023 to Mar 29, 2024
  • Discretionary RAUM · $286M to $305M
    Mar 28, 2023 to Mar 29, 2024
  • HNW RAUM · $3.5M to $17.0M
    Mar 28, 2023 to Mar 29, 2024
Signals
6 dated events
  • Yuxing Zhang left Innealta Capital for State Farm Investment Management Corp. (registered 2026-06-04)
    May 21, 2026 · Advisor changed firm · fact
  • Nicholas Austin Bowers left Innealta Capital for Advocacy Financial Llc (registered 2024-09-17)
    Sep 16, 2024 · Advisor changed firm · fact
  • John Joshua Kocher (Sole Managing Member) no longer on Schedule A of Innealta Capital (listed 2023-03-28, absent 2024-03-29)
    Mar 29, 2024 · Control person left · inference
  • John Joseph Lahti (Sole Shareholder) no longer on Schedule A of Innealta Capital (listed 2023-03-28, absent 2024-03-29)
    Mar 29, 2024 · Control person left · inference
  • John Joseph Lahti (Sole Shareholder) appeared on Schedule A of Innealta Capital
    Mar 30, 2020 · Control person joined · fact
  • Innealta Capital filed its initial SEC registration (Form ADV)
    Jan 10, 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.
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/acclivity-investment-researchreportedpublic record, Form ADV, Sep 17, 2026
Firm profile
linkedin.com/company/innealta-capitalreportedpublic record, Form ADV, Sep 17, 2026
Website
innealtafunds.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
(737) 808-4640reportedpublic record, Form ADV, Apr 2, 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
Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
RAUM per advisor
$74.1Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026