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

A••• W••••• M••••••••• L••

Independent wealth managerToms River, New JerseyCRD 298085SEC 801-128199websiteIAPD
Latest filing Jun 16, 2026
First filing on the tape May 22, 2023 · 12 filings
SEC status approved since Jun 23, 2023
RAUM
$580M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
84%
$485M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$116M
derived; firm RAUM over IAPD count
Employees
7
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
12 filings and snapshots on the tape
RAUM$580M as of Jun 16, 2026
Mar 27, 2024$244M then
HNW client RAUM$382M as of Jun 16, 2026
Mar 27, 2024$149M then
State-registered IARs (5.B.3)5 as of Jun 16, 2026
Mar 27, 20245 then
Employees (5.A)7 as of Jun 16, 2026
Mar 27, 20246 then
Private funds1 as of Jun 16, 2026
Mar 10, 20261 then
RAUM +80% over the last fiscal yearIARs 6 to 5
Practice profile
derived from the filing of Jun 16, 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
  • 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
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
  • 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)
RAUM per advisor
$116MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
187derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$274,793derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
2.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.4derivedItem 5.A over advisors
Advisors per office
2.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+80%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+32%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$382M66%
  • Individuals$104M18%
  • Corporations and businesses$79.7M14%
  • Pension and profit-sharing plans$14.3M2.5%
Individual clients
742reported
HNW clients
195reported
Pension plan clients
54reported
Charitable clients
0reported
Accounts
2,109reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.84 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S••• P••••• H••••New York, NyAug 22, 201813 y1
Y••• K••••••••Certified Financial PlannerToms River, NjSep 5, 201814 y1
E••••••• N•• A•••••••••New York, Ny Apr 28, 202224 y1
S••••• B•••• G•••••••Toms River, NjJan 31, 202318 y1
S••• H•••••Toms River, NjOct 30, 202412 y0
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 20% of current headcount1 left over 36 months
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
  • H••••• S•••• P••••• · Managing Member & Chief Compliance Officercontrol
    since 07/2018 · owns 50% to 75%
  • K••••••••• Y••• · Membercontrol
    since 07/2018 · 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
OfficeAdvisorsJoinedLeftTeams outForming
Toms River, Nj · principal401
New York, Ny200
Offices
Schedule D 1.F, the 25 largest
  • New York, NY1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • RAUM up 50 %Change between filings · filing Mar 10, 2026
    RAUM (Item 5.F) moved from $322,074,750 to $579,538,342 (+80.0%) between the annual amendments of 2025-02-18 and 2026-03-10; the peer median change was +16.0% (1385 comparable advisers, 97.0th percentile of changes)
    peers: independent wealth managers, $500M to $1B (1,385) · 97% percentile
  • account count surgeChange between filings · filing Mar 10, 2026
    accounts (Item 5.F.2.f) moved from 1,139.0 to 2,109.0 (+85.0%) between the annual amendments of 2025-02-18 and 2026-03-10; the peer median change was +6.0% (1256 comparable advisers, 97.0th percentile of changes)
    peers: independent wealth managers, $500M to $1B (1,256) · 97% percentile
What changed
consecutive filings, newest first
  • Advisory employees · 6 to 5
    Mar 10, 2026 to Jun 16, 2026
  • Employees · 8 to 7
    Mar 10, 2026 to Jun 16, 2026
  • State-registered IARs · 6 to 5
    Mar 10, 2026 to Jun 16, 2026
  • Private funds · unset to 1
    Jan 21, 2026 to Mar 10, 2026
  • Accounts · 1,139 to 2,109
    Nov 14, 2025 to Jan 21, 2026
  • Charity clients · 2 to 0
    Nov 14, 2025 to Jan 21, 2026
  • Corporate clients · 29 to 39
    Nov 14, 2025 to Jan 21, 2026
  • HNW clients · 227 to 195
    Nov 14, 2025 to Jan 21, 2026
  • Individual clients · 485 to 742
    Nov 14, 2025 to Jan 21, 2026
  • Pension plan clients · 17 to 54
    Nov 14, 2025 to Jan 21, 2026
  • Financial planning clients · 1-10 to 11-25
    Nov 14, 2025 to Jan 21, 2026
  • Discretionary RAUM · $322M to $580M
    Nov 14, 2025 to Jan 21, 2026
  • HNW RAUM · $188M to $382M
    Nov 14, 2025 to Jan 21, 2026
  • Individual RAUM · $104M to $104M
    Nov 14, 2025 to Jan 21, 2026
  • Non-discretionary RAUM · $328,641 to $0
    Nov 14, 2025 to Jan 21, 2026
  • Pension RAUM · $0 to $14.3M
    Nov 14, 2025 to Jan 21, 2026
  • RAUM · $322M to $580M
    Nov 14, 2025 to Jan 21, 2026
  • Employees · 7 to 8
    Feb 18, 2025 to Jun 1, 2025
  • Financial planning clients · 1-10 to 1-10
    Feb 18, 2025 to Jun 1, 2025
  • Accounts · 1,601 to 1,139
    Jan 15, 2025 to Feb 18, 2025
  • Charity clients · 3 to 2
    Jan 15, 2025 to Feb 18, 2025
  • Corporate clients · 14 to 29
    Jan 15, 2025 to Feb 18, 2025
  • HNW clients · 204 to 227
    Jan 15, 2025 to Feb 18, 2025
  • Individual clients · 478 to 485
    Jan 15, 2025 to Feb 18, 2025
  • Pension plan clients · 20 to 17
    Jan 15, 2025 to Feb 18, 2025
  • Discretionary RAUM · $244M to $322M
    Jan 15, 2025 to Feb 18, 2025
  • HNW RAUM · $149M to $188M
    Jan 15, 2025 to Feb 18, 2025
  • Individual RAUM · $70.1M to $104M
    Jan 15, 2025 to Feb 18, 2025
  • Non-discretionary RAUM · $0 to $328,641
    Jan 15, 2025 to Feb 18, 2025
  • Pension RAUM · $12.2M to $0
    Jan 15, 2025 to Feb 18, 2025
  • RAUM · $244M to $322M
    Jan 15, 2025 to Feb 18, 2025
  • Advisory employees · 5 to 6
    Mar 27, 2024 to Dec 16, 2024
  • Employees · 6 to 7
    Mar 27, 2024 to Dec 16, 2024
  • HQ city · LAKEWOOD to TOMS RIVER
    Mar 27, 2024 to Dec 16, 2024
  • State-registered IARs · 5 to 6
    Mar 27, 2024 to Dec 16, 2024
  • Accounts · 1,238 to 1,601
    Jan 3, 2024 to Mar 27, 2024
  • Charity clients · unset to 3.0
    Jan 3, 2024 to Mar 27, 2024
  • Corporate clients · 12 to 14
    Jan 3, 2024 to Mar 27, 2024
  • HNW clients · 113 to 204
    Jan 3, 2024 to Mar 27, 2024
  • Individual clients · 443 to 478
    Jan 3, 2024 to Mar 27, 2024
Signals
3 dated events
  • B•••• D•••• S••••• left A••• W••••• M••••••••• L•• for Farther (registered 2026-06-15)
    Jun 16, 2026 · Advisor changed firm · fact
  • A••• W••••• M••••••••• L•• reported RAUM $579.5M, up 80% from $322.1M (2025-11-14 to 2026-01-21)
    Jan 21, 2026 · RAUM change · derived
  • A••• W••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
    May 22, 2023 · 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/18783479reportedpublic record, Form ADV, Sep 18, 2026
Website
ablewealth.coreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
212-634-7842reportedpublic record, Form ADV, Jun 16, 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
$116Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026