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
Asio Capital LLC
Latest filing Mar 26, 2026
First filing on the tape Jul 29, 2018 · 25 filings
SEC status approved since Aug 28, 2018
RAUM
$805M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
89%
$713M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$134M
derived; firm RAUM over IAPD count
Employees
7
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$805M as of Mar 26, 2026
Mar 28, 2019$126M then
HNW client RAUM$591M as of Mar 26, 2026
Mar 28, 2019$99.6M then
State-registered IARs (5.B.3)6 as of Mar 26, 2026
Mar 28, 20194 then
Employees (5.A)7 as of Mar 26, 2026
Mar 28, 20194 then
Private funds: no history
RAUM +30% over the last fiscal year+27% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Mar 26, 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
- RAUM per advisor
- $134MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 47derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.7MderivedHNW RAUM over HNW clients
- Average account
- $1.2MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 3.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.2derivedItem 5.A over advisors
- Advisors per office
- 6.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +30%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +8.5%derived
- Compensation
- percentage of assets, otherreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $251M, 120 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
- High-net-worth individuals$591M73%
- Individuals$122M15%
- Corporations and businesses$60.6M7.5%
- Charitable organizations$26.3M3.3%
- Pension and profit-sharing plans$4.8M0.6%
- Individual clients
- 154reported
- HNW clients
- 126reported
- Pension plan clients
- 3reported
- Charitable clients
- 1reported
- Accounts
- 700reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $251M for 120 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.89 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Erin Hershey Serrate | Lexington, Ky | Aug 28, 2018 | 22 y | 3 |
| Ryan Michael Gray | Lexington, Ky | Aug 28, 2018 | 17 y | 1 |
| John Carroll Cheshire | Lexington, Ky | Aug 28, 2018 | 34 y | 1 |
| Ryan Tracy Osborne | Lexington, Ky | Oct 1, 2018 | 25 y | 3 |
| Bryce GoldbachChartered Financial Analyst | Lexington, Ky | Jan 18, 2023 | 10 y | 0 |
| Jason Levi AyersCertified Financial Planner | Lexington, Ky | Jun 5, 2024 | 17 y | 0 |
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 headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Ryan Tracy Osborne from LPL Financial LLCOct 1, 2018 · Other
- John Carroll Cheshire from Dividend Assets Capital, LLCAug 28, 2018 · RIA to a newly registered adviser
- Erin Hershey Serrate from Bb&T Investment Services, Inc.Aug 28, 2018 · Other
- Ryan Michael Gray from National Planning Corporation ("Npc Of America" In Fl & Ny)Aug 28, 2018 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Carroll John Cheshire · Membercontrolsince 07/2018 · owns 25% to 50%
- Michael Ryan Gray · Membercontrolsince 07/2018 · owns 10% to 25%
- Tracy Ryan Osborne · Membercontrolsince 07/2018 · owns 25% to 50%
- Hershey Erin Serrate · Membercontrolsince 07/2018 · owns 10% to 25%
- Craig Jason Akers · Silent Partnersince 09/2018 · owns less than 5%
- Bennett Jared Calvert · Chief Compliance Officersince 01/2024 · owns less than 5%
- Gail Randie Lawson · Silent Partnersince 09/2018 · owns less than 5%
- Birchfield Valerie Slater · Silent Partnersince 10/2018 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Lexington, Ky · principal | 6 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 642 to 700Jan 13, 2026 to Mar 26, 2026
- Charity clients · unset to 1.0Jan 13, 2026 to Mar 26, 2026
- Corporate clients · 8 to 10Jan 13, 2026 to Mar 26, 2026
- HNW clients · 120 to 126Jan 13, 2026 to Mar 26, 2026
- Individual clients · 138 to 154Jan 13, 2026 to Mar 26, 2026
- Pension plan clients · 4 to 3Jan 13, 2026 to Mar 26, 2026
- Assets in custody · $111M to $251MJan 13, 2026 to Mar 26, 2026
- Discretionary RAUM · $622M to $805MJan 13, 2026 to Mar 26, 2026
- HNW RAUM · $488M to $591MJan 13, 2026 to Mar 26, 2026
- Individual RAUM · $92.8M to $122MJan 13, 2026 to Mar 26, 2026
- Pension RAUM · $5.8M to $4.8MJan 13, 2026 to Mar 26, 2026
- RAUM · $622M to $805MJan 13, 2026 to Mar 26, 2026
- Accounts · 571 to 642Mar 21, 2024 to Apr 30, 2025
- Advisory employees · 5 to 6Mar 21, 2024 to Apr 30, 2025
- Corporate clients · 9 to 8Mar 21, 2024 to Apr 30, 2025
- HNW clients · 117 to 120Mar 21, 2024 to Apr 30, 2025
- Individual clients · 120 to 138Mar 21, 2024 to Apr 30, 2025
- Pension plan clients · 6 to 4Mar 21, 2024 to Apr 30, 2025
- Assets in custody · $80.3M to $111MMar 21, 2024 to Apr 30, 2025
- Employees · 6 to 7Mar 21, 2024 to Apr 30, 2025
- Financial planning clients · 0 to 0Mar 21, 2024 to Apr 30, 2025
- State-registered IARs · 4 to 6Mar 21, 2024 to Apr 30, 2025
- Discretionary RAUM · $500M to $622MMar 21, 2024 to Apr 30, 2025
- HNW RAUM · $382M to $488MMar 21, 2024 to Apr 30, 2025
- Individual RAUM · $71.7M to $92.8MMar 21, 2024 to Apr 30, 2025
- Pension RAUM · $16.4M to $5.8MMar 21, 2024 to Apr 30, 2025
- RAUM · $500M to $622MMar 21, 2024 to Apr 30, 2025
- Accounts · 480 to 571Jan 9, 2024 to Mar 21, 2024
- HNW clients · 104 to 117Jan 9, 2024 to Mar 21, 2024
- Individual clients · 109 to 120Jan 9, 2024 to Mar 21, 2024
- Assets in custody · $94.2M to $80.3MJan 9, 2024 to Mar 21, 2024
- Financial planning clients · unset to 0Jan 9, 2024 to Mar 21, 2024
- Discretionary RAUM · $393M to $500MJan 9, 2024 to Mar 21, 2024
- HNW RAUM · $317M to $382MJan 9, 2024 to Mar 21, 2024
- Individual RAUM · $46.7M to $71.7MJan 9, 2024 to Mar 21, 2024
- Pension RAUM · $10.8M to $16.4MJan 9, 2024 to Mar 21, 2024
- RAUM · $393M to $500MJan 9, 2024 to Mar 21, 2024
- Accounts · 430 to 480Jul 14, 2022 to Mar 21, 2023
- Advisory employees · 4 to 5Jul 14, 2022 to Mar 21, 2023
- Corporate clients · 12 to 9Jul 14, 2022 to Mar 21, 2023
Signals
4 dated events
- Asio Capital Llc reported RAUM $805.1M, up 30% from $621.5M (2026-01-13 to 2026-03-26)Mar 26, 2026 · RAUM change · derived
- Asio Capital Llc reported RAUM $499.6M, up 27% from $393.3M (2024-01-09 to 2024-03-21)Mar 21, 2024 · RAUM change · derived
- Asio Capital Llc reported RAUM $403.5M, up 39% from $290.3M (2021-04-15 to 2022-03-22)Mar 22, 2022 · RAUM change · derived
- Pin Oak Capital Llc filed its initial SEC registration (Form ADV)Jul 29, 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
- Business phone
- 859-785-4130reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 859-785-4135reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- asiocapital.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 859-785-4130reportedpublic record, Form ADV, Mar 26, 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
- $134Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026