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
Ellsworth Advisors, LLC
Latest filing Feb 23, 2026
First filing on the tape Jun 18, 2018 · 70 filings
SEC status approved since Jul 19, 2018
RAUM
$1.4B
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
99%
$1.4B individuals and HNW
Advisors
14
registered through the firm on IAPD
RAUM per advisor
$100M
derived; firm RAUM over IAPD count
Employees
16
11 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
9
reported on Schedule D
History
70 filings and snapshots on the tape
RAUM$1.4B as of Feb 23, 2026
Feb 15, 2019$253M then
HNW client RAUM$593M as of Feb 23, 2026
Feb 15, 2019$216M then
State-registered IARs (5.B.3)11 as of Feb 23, 2026
Feb 15, 20195 then
Employees (5.A)16 as of Feb 23, 2026
Feb 15, 20199 then
Private funds9 as of Feb 23, 2026
Mar 23, 20222 then
RAUM +19% over the last fiscal year+22% a year over threeIARs 11 to 11
Practice profile
derived from the filing of Feb 23, 2026; every figure names its basis
Archetypes, each a printed rule
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
- RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
- Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
- RAUM per advisor
- $100MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 61derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.8MderivedHNW RAUM over HNW clients
- Average account
- $673,594derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 99%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.1derivedItem 5.A over advisors
- Advisors per office
- 4.7derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- +19%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +14%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, selection of other advisers, otherreportedItem 5.G
- Wrap fee program
- $836MreportedItem 5.I
- 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
- is an insurance broker or agent (6.A.6)
- 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)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$794M56%
- High-net-worth individuals$593M42%
- Corporations and businesses$19.6M1.4%
- Individual clients
- 641reported
- HNW clients
- 212reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 2,088reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- $2.4M sponsored, $0 managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
14 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Cameron Shields Miele | Hudson, Oh | Sep 4, 2018 | 16 y | 0 |
| Timothy Banks Clepper | Hudson, Oh | Sep 4, 2018 | 28 y | 4 |
| Kelly Michael KuennenCertified Financial Planner | Hudson, Oh | Sep 25, 2018 | 32 y | 5 |
| Brett David BaskinCertified Financial Planner | Hudson, Oh | Sep 25, 2018 | 11 y | 2 |
| Michael Maxwell Schindler | Hudson, Oh | Oct 8, 2018 | 15 y | 3 |
| Michelle Marie Schwab | Hudson, Oh | Nov 9, 2018 | 25 y | 3 |
| John Leo Dugan | Hudson, Oh | Oct 2, 2019 | 12 y | 0 |
| Christopher George Ameen | Hudson, Oh | Oct 15, 2019 | 10 y | 0 |
| Patrick Aaron JusticeCertified Financial Planner | Hudson, Oh | Nov 5, 2020 | 15 y | 1 |
| Kelly Orris | Hudson, Oh | Aug 4, 2021 | 10 y | 0 |
| David John Jakubowski | Hudson, Oh | Oct 21, 2021 | 30 y | 2 |
| Christopher Michael Prado | Hudson, Oh | May 6, 2024 | 28 y | 4 |
| Cade Thomas Tonozzi | Hudson, Oh | Aug 5, 2025 | 11 y | 0 |
| Derek N Spencer | Hudson, Oh | Mar 4, 2026 | 11 y | 2 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Derek N Spencer from Stratos Wealth Partners, LtdMar 4, 2026 · Affiliated broker-dealer or bank to independent RIA
- Christopher Michael Prado from Raymond James Financial Services Advisors, IncMay 6, 2024 · Affiliated broker-dealer or bank to independent RIA
- David John Jakubowski from Morgan StanleyOct 21, 2021 · Wirehouse to independent RIA
- Patrick Aaron Justice from Demming Financial Services Corp.Nov 5, 2020 · RIA to RIA
- Michelle Marie Schwab from Western International SecuritiesNov 9, 2018 · Other
- Michael Maxwell Schindler from LPL Financial LLCOct 8, 2018 · RIA to a newly registered adviser
- Kelly Michael Kuennen from LPL Financial LLCSep 25, 2018 · RIA to a newly registered adviser
- Brett David Baskin from Stratos Wealth Partners, LtdSep 25, 2018 · RIA to a newly registered adviser
- Timothy Banks Clepper from Stratos Wealth Partners, LtdSep 4, 2018 · RIA to a newly registered adviser
Private funds
9 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Saints & Angels Scalloping Company, | $5.0M | 31 | Feb 23, 2026 | |
| Gdp Investment Partners, LLC | Private Equity Fund | $4.9M | 43 | Nov 15, 2022 |
| Torsion Group Partners, LLC | Private Equity Fund | $4.9M | 44 | Dec 20, 2021 |
| Buckeye Scalloping Company, LLC | $4.5M | 29 | Feb 23, 2026 | |
| Chatham Scalloping Company | Private Equity Fund | $3.4M | 19 | Mar 23, 2022 |
| Ligia Pereira Scalloping Company, LLC | $2.5M | 29 | Feb 23, 2026 | |
| Fcp Investment Partners II, LLC | Private Equity Fund | $2.3M | 48 | Oct 31, 2024 |
| Fcp Investment Partners, LLC | $2.2M | 37 | Feb 23, 2026 | |
| Silca Investment Partners, LLC | Private Equity Fund | $1.0M | 13 | Nov 26, 2024 |
Owners and control persons
Schedule A and B, latest filing
- David Brett Baskin · Directorcontrolsince 01/2025 · owns less than 5%
- Banks Timothy Clepper · Managing Partnercontrolsince 04/2018 · owns less than 5%
- Aaron Patrick Justice · Managing Directorcontrolsince 01/2025 · owns less than 5%
- Michael Kelly Kuennen · Presidentcontrolsince 09/2018 · owns less than 5%
- Shields Cameron Miele · Managing Directorcontrolsince 04/2018 · owns less than 5%
- Maxwell Michael Schindler · Managing Directorcontrolsince 03/2021 · owns less than 5%
- Marie Michelle Schwab · Chief Compliance Officercontrolsince 09/2018 · owns less than 5%
- John Matthew Kaulig · Membercontrolsince 04/2018 · owns 75% or more of Ellsworth Advisors Holdings, LLC
- A Paul Martin · Chief Financial Officersince 11/2018 · owns less than 5%
Entity owners
- Ellsworth Advisors Holdings, LLC · Memberdirect · owns 75% or more
Related persons
Schedule D 7.A
- Cameron Sheilds Mieley
- Georgetown Investment Manager. LLCpooled vehicle sponsory
- Georgetown Investment Manager. LLCpooled vehicle sponsory
- Matthew John Kauligy
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Hudson, Oh · principal | 14 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Hudson, OH1 employees
- , 1 employees
ADV anomalies
5 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Feb 23, 2026SCHINDLER, MICHAEL, MAXWELL (MANAGING DIRECTOR) appeared on Schedule A between the filings of 2018-12-03 and 2026-02-23peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Feb 23, 2026JUSTICE, PATRICK, AARON (MANAGING DIRECTOR) appeared on Schedule A between the filings of 2018-12-03 and 2026-02-23peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Feb 23, 2026BASKIN, BRETT, DAVID (DIRECTOR) appeared on Schedule A between the filings of 2018-12-03 and 2026-02-23peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Feb 23, 2026Kaulig, Matthew, John (MEMBER) left Schedule A between the filings of 2018-12-03 and 2026-02-23peers: independent wealth managers, $1B to $5B (1,360)
- custody status changedChange between filings · filing Feb 23, 2026custody of client assets (Item 9.A): yes on the filing of 2025-10-09, no on the filing of 2026-02-23peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 1,863 to 2,088Oct 9, 2025 to Feb 23, 2026
- Corporate clients · 8 to 7Oct 9, 2025 to Feb 23, 2026
- HNW clients · 177 to 212Oct 9, 2025 to Feb 23, 2026
- Individual clients · 573 to 641Oct 9, 2025 to Feb 23, 2026
- Assets in custody · $582M to $626MOct 9, 2025 to Feb 23, 2026
- Custody of client assets · true to falseOct 9, 2025 to Feb 23, 2026
- Private funds · 8 to 9Oct 9, 2025 to Feb 23, 2026
- Discretionary RAUM · $1.2B to $1.4BOct 9, 2025 to Feb 23, 2026
- HNW RAUM · $488M to $593MOct 9, 2025 to Feb 23, 2026
- Individual RAUM · $679M to $794MOct 9, 2025 to Feb 23, 2026
- Non-discretionary RAUM · $10.0M to $14.5MOct 9, 2025 to Feb 23, 2026
- RAUM · $1.2B to $1.4BOct 9, 2025 to Feb 23, 2026
- Wrap assets (sponsor) · $3.9M to $2.4MOct 9, 2025 to Feb 23, 2026
- Accounts · 1,500 to 1,863Nov 26, 2024 to Feb 28, 2025
- Advisory employees · 10 to 11Nov 26, 2024 to Feb 28, 2025
- Corporate clients · 7 to 8Nov 26, 2024 to Feb 28, 2025
- HNW clients · 150 to 177Nov 26, 2024 to Feb 28, 2025
- Individual clients · 440 to 573Nov 26, 2024 to Feb 28, 2025
- Assets in custody · $319M to $582MNov 26, 2024 to Feb 28, 2025
- Employees · 13 to 16Nov 26, 2024 to Feb 28, 2025
- Financial planning clients · 251-500 to 251-500Nov 26, 2024 to Feb 28, 2025
- Private funds · 5 to 8Nov 26, 2024 to Feb 28, 2025
- Discretionary RAUM · $913M to $1.2BNov 26, 2024 to Feb 28, 2025
- HNW RAUM · $490M to $488MNov 26, 2024 to Feb 28, 2025
- Individual RAUM · $405M to $679MNov 26, 2024 to Feb 28, 2025
- Non-discretionary RAUM · $679,279 to $10.0MNov 26, 2024 to Feb 28, 2025
- RAUM · $914M to $1.2BNov 26, 2024 to Feb 28, 2025
- Wrap assets (sponsor) · $3.8M to $3.9MNov 26, 2024 to Feb 28, 2025
- Private funds · 4 to 5Oct 31, 2024 to Nov 26, 2024
- Private funds · 3 to 4Oct 11, 2024 to Oct 31, 2024
- Accounts · 1,466 to 1,500Mar 7, 2024 to Mar 20, 2024
- Individual clients · 406 to 440Mar 7, 2024 to Mar 20, 2024
- Discretionary RAUM · $641M to $913MMar 7, 2024 to Mar 20, 2024
- Individual RAUM · $133M to $405MMar 7, 2024 to Mar 20, 2024
- RAUM · $641M to $914MMar 7, 2024 to Mar 20, 2024
- Accounts · 1,279 to 1,466May 31, 2023 to Mar 7, 2024
- HNW clients · 131 to 150May 31, 2023 to Mar 7, 2024
- Individual clients · 388 to 406May 31, 2023 to Mar 7, 2024
- Assets in custody · $387M to $319MMay 31, 2023 to Mar 7, 2024
- State-registered IARs · 10 to 11May 31, 2023 to Mar 7, 2024
Signals
9 dated events
- Ellsworth Advisors, Llc reported RAUM $1.2B, up 30% from $913.6M (2024-11-26 to 2025-02-28)Feb 28, 2025 · RAUM change · derived
- Ellsworth Advisors, Llc reported RAUM $913.6M, up 42% from $641.2M (2024-03-07 to 2024-03-20)Mar 20, 2024 · RAUM change · derived
- Ellsworth Advisors, Llc reported RAUM $711.4M, up 27% from $562.2M (2021-12-20 to 2022-03-23)Mar 23, 2022 · RAUM change · derived
- Ellsworth Advisors, Llc reported RAUM $549.6M, up 42% from $386.0M (2020-11-10 to 2020-11-18)Nov 18, 2020 · RAUM change · derived
- Ellsworth Advisors, Llc reported RAUM $386.0M, down 26% from $520.4M (2020-02-05 to 2020-03-05)Mar 5, 2020 · RAUM change · derived
- Ellsworth Advisors, Llc reported RAUM $520.4M, up 105% from $253.3M (2019-03-28 to 2019-05-09)May 9, 2019 · RAUM change · derived
- Ellsworth Advisors, Llc reported RAUM $253.3M, down 36% from $398.5M (2019-02-06 to 2019-02-15)Feb 15, 2019 · RAUM change · derived
- Ellsworth Advisors, Llc reported RAUM $398.5M, up 137% from $168.0M (2018-11-29 to 2018-11-30)Nov 30, 2018 · RAUM change · derived
- Ellsworth Advisors, Llc filed its initial SEC registration (Form ADV)Jun 18, 2018 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Ellsworth Advisors, LLC · Independent Sponsorsshared crd · capital_provider
- Ellsworth Advisors, LLC · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Business email
- info@ellsworthadvisors.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 234-200-0703reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/ellsworth-advisorsreportedpublic record, Form ADV, Sep 17, 2026
- Website
- ELLSWORTHADVISORS.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (234) 200-0703reportedpublic record, Form ADV, Feb 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
- $100Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026