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.

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SEC-registered adviser

C•••••• P••••••• P••••••• L••

Independent wealth managerCharleston, South CarolinaCRD 294673SEC 801-120995websiteIAPD
Latest filing Apr 23, 2026
First filing on the tape Mar 29, 2021 · 12 filings
SEC status approved since Apr 28, 2021
RAUM
$274M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
95%
$260M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$137M
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$274M as of Apr 23, 2026
Mar 30, 2022$255M then
HNW client RAUM$159M as of Apr 23, 2026
Mar 30, 2022$165M then
State-registered IARs (5.B.3)3 as of Apr 23, 2026
Mar 30, 20227 then
Employees (5.A)5 as of Apr 23, 2026
Mar 30, 202211 then
Private funds: no history
RAUM -16% over the last fiscal year-0.8% a year over threeIARs 7 to 3
Practice profile
derived from the filing of Apr 23, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$137MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
170derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.6MderivedHNW RAUM over HNW clients
Average account
$255,562derivedRAUM over accounts (5.F.2.f)
Discretionary
98%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-16%derivedbetween the last two annual amendments
Advisor growth, one year
-57%derivedItem 5.B.3 between annual amendments
Client growth, one year
-46%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 5.G
Custody
$52.4M, 189 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)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$159M58%
  • Individuals$101M37%
  • Corporations and businesses$14.5M5.3%
  • Charitable organizations$81,5130.0%
Individual clients
280reported
HNW clients
60reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
1,073reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$52.4M for 189 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.95 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
C•••••• D••••• C••••••Certified Financial PlannerC••••••Ton, ScMay 4, 202019 y4
M•••••• B•••• O•••••••Certified Financial PlannerC••••••Ton, ScMar 8, 202312 y2
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount7 left over 36 months
Left, latest
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
    • C••••••• C••••••• D••••• · Managing Member & Chief Compliance Officercontrol
      since 01/2018 · owns 75% or more
    • C•••••••• D•••••• P•••••• · Partner
      since 10/2021 · 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
    C••••••Ton, Sc · principal200
    Alexandria, Va000
    Myrtle Beach, Sc000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    4 against comparable advisers; where to look, not conclusions
    • clients down average size upCombination · filing Apr 23, 2026
      private clients fell 20 percent or more while RAUM per client rose 30 percent or more: a move up-market or the departure of small accounts. RAUM $327,697,497 to $274,217,847, advisors 7 to 3, private clients 629 to 340, offices 0 to 0 (2025-03-31 to 2026-04-23)
      peers: independent wealth managers, $100M to $500M (5,676)
    • account count collapseChange between filings · filing Apr 23, 2026
      accounts (Item 5.F.2.f) moved from 1,748.0 to 1,073.0 (-39.0%) between the annual amendments of 2025-03-31 and 2026-04-23; the peer median change was +5.0% (3687 comparable advisers, 4.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (3,687) · 4.1% percentile
    • client count collapseChange between filings · filing Apr 23, 2026
      individual and HNW clients (Item 5.D) moved from 629.0 to 340.0 (-46.0%) between the annual amendments of 2025-03-31 and 2026-04-23; the peer median change was +3.0% (3309 comparable advisers, 2.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (3,309) · 2.0% percentile
    • a•••••• count dropChange between filings · filing Apr 23, 2026
      advisory representatives (Item 5.B.3) moved from 7.0 to 3.0 (-57.0%) between the annual amendments of 2025-03-31 and 2026-04-23; the peer median change was 0.0% (965 comparable advisers, 2.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (965) · 1.6% percentile
    What changed
    consecutive filings, newest first
    • Accounts · 1,748 to 1,073
      Oct 15, 2025 to Apr 23, 2026
    • Advisory employees · 7 to 4
      Oct 15, 2025 to Apr 23, 2026
    • HNW clients · 86 to 60
      Oct 15, 2025 to Apr 23, 2026
    • Individual clients · 543 to 280
      Oct 15, 2025 to Apr 23, 2026
    • Assets in custody · $35.4M to $52.4M
      Oct 15, 2025 to Apr 23, 2026
    • Employees · 9 to 5
      Oct 15, 2025 to Apr 23, 2026
    • Financial planning clients · More than 500 to 251-500
      Oct 15, 2025 to Apr 23, 2026
    • State-registered IARs · 7 to 3
      Oct 15, 2025 to Apr 23, 2026
    • Discretionary RAUM · $323M to $269M
      Oct 15, 2025 to Apr 23, 2026
    • HNW RAUM · $185M to $159M
      Oct 15, 2025 to Apr 23, 2026
    • Individual RAUM · $139M to $101M
      Oct 15, 2025 to Apr 23, 2026
    • Non-discretionary RAUM · $5.2M to $5.1M
      Oct 15, 2025 to Apr 23, 2026
    • RAUM · $328M to $274M
      Oct 15, 2025 to Apr 23, 2026
    • Financial planning clients · More than 500 to More than 500
      Mar 31, 2025 to Jun 24, 2025
    • Related insurance company · false to true
      Mar 31, 2025 to Jun 24, 2025
    • Accounts · 1,588 to 1,748
      Dec 10, 2024 to Mar 31, 2025
    • Advisory employees · 6 to 7
      Dec 10, 2024 to Mar 31, 2025
    • Corporate clients · 6 to 17
      Dec 10, 2024 to Mar 31, 2025
    • HNW clients · 75 to 86
      Dec 10, 2024 to Mar 31, 2025
    • Individual clients · 573 to 543
      Dec 10, 2024 to Mar 31, 2025
    • Assets in custody · $78.2M to $35.4M
      Dec 10, 2024 to Mar 31, 2025
    • Financial planning clients · 51-100 to More than 500
      Dec 10, 2024 to Mar 31, 2025
    • State-registered IARs · 6 to 7
      Dec 10, 2024 to Mar 31, 2025
    • Discretionary RAUM · $324M to $323M
      Dec 10, 2024 to Mar 31, 2025
    • HNW RAUM · $208M to $185M
      Dec 10, 2024 to Mar 31, 2025
    • Individual RAUM · $116M to $139M
      Dec 10, 2024 to Mar 31, 2025
    • Non-discretionary RAUM · $9.0M to $5.2M
      Dec 10, 2024 to Mar 31, 2025
    • RAUM · $333M to $328M
      Dec 10, 2024 to Mar 31, 2025
    • Advisory employees · 10 to 6
      Mar 29, 2024 to Dec 10, 2024
    • Employees · 13 to 9
      Mar 29, 2024 to Dec 10, 2024
    • State-registered IARs · 9 to 6
      Mar 29, 2024 to Dec 10, 2024
    • Other offices · 1 to 0
      Mar 29, 2024 to Dec 10, 2024
    • Accounts · 1,513 to 1,588
      Mar 24, 2023 to Mar 29, 2024
    • Advisory employees · 8 to 10
      Mar 24, 2023 to Mar 29, 2024
    • BD registered reps · 1 to 0
      Mar 24, 2023 to Mar 29, 2024
    • Charity clients · 0 to 1
      Mar 24, 2023 to Mar 29, 2024
    • Corporate clients · 0 to 6
      Mar 24, 2023 to Mar 29, 2024
    • HNW clients · 60 to 75
      Mar 24, 2023 to Mar 29, 2024
    • Individual clients · 490 to 573
      Mar 24, 2023 to Mar 29, 2024
    • Assets in custody · unset to 78189483.0
      Mar 24, 2023 to Mar 29, 2024
    Signals
    14 dated events
    • G••••• P•••• R••••• left C•••••• P••••••• P••••••• L•• for S••••• F••••••••• L•• (registered 2024-07-16)
      Aug 8, 2025 · a•••••• firm change · fact
    • A••••• K•••• H•••••••• left C•••••• P••••••• P••••••• L•• for S••••• F••••••••• L•• (registered 2024-07-16)
      May 15, 2025 · a•••••• firm change · fact
    • W•••••• S•••• M••••• left C•••••• P••••••• P••••••• L•• for S••••• F••••••••• L•• (registered 2024-07-16)
      May 8, 2025 · a•••••• firm change · fact
    • K••• A• M••••••• left C•••••• P••••••• P••••••• L•• for S••••• F••••••••• L•• (registered 2024-07-16)
      May 8, 2025 · a•••••• firm change · fact
    • C•••••• P••••••• P••••••• L••'s advisors moved to S••••• F••••••••• L•• (Charleston, SC): 3 of 6 registered, within 7 days
      May 8, 2025 · Firm absorbed (people side) · derived
    • D••••• P•••••• C••••••• left C•••••• P••••••• P••••••• L•• for S••••• F••••••••• L•• (registered 2024-07-16)
      Dec 10, 2024 · a•••••• firm change · fact
    • D••••••• D•••••• N••••••• left C•••••• P••••••• P••••••• L•• for F•••••••• A••••••• L•• (registered 2024-09-06)
      Aug 26, 2024 · a•••••• firm change · fact
    • A•••• G••••••• E••••••• left C•••••• P••••••• P••••••• L•• for O••••• I••••••••• A••••••• L•• (registered 2022-01-10)
      May 13, 2024 · a•••••• firm change · fact
    • S•••• L• C••••••• left C•••••• P••••••• P••••••• L•• for D••••••••• W••••• M••••••••• (registered 2023-02-02)
      Jan 26, 2023 · a•••••• firm change · fact
    • G••••• P•••••••• V••••• left C•••••• P••••••• P••••••• L•• for R•••• A•••••••• L•• (registered 2022-10-14)
      Oct 15, 2022 · a•••••• firm change · fact
    • C•••••• P••••••• P••••••• L•• reported RAUM $254.6M, up 69% from $150.3M (2021-03-29 to 2022-03-30)
      Mar 30, 2022 · RAUM change · derived
    • Patrick Daniel Callahan (Partner & Chief Investment Officer) appeared on Schedule A of C•••••• P••••••• P••••••• L••
      Mar 30, 2022 · Control person joined · fact
    • D••••• J•••• G•••••••• left C•••••• P••••••• P••••••• L•• for P••• F•••••••• A•••••••• L•• (registered 2022-03-04)
      Mar 20, 2022 · a•••••• firm change · fact
    • C•••••• P••••••• P••••••• L•• filed its initial SEC registration (Form ADV)
      Mar 29, 2021 · 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
    843-608-8487reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    capassoplanningpartners.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    843-608-8487reportedpublic record, Form ADV, Apr 23, 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
    $137Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026