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
Blue Rock Financial Group
Legal name Dravo Bay LLC
Latest filing Mar 26, 2026
First filing on the tape Dec 24, 2019 · 23 filings
SEC status approved since Jan 24, 2020
RAUM
$382M
reported, Item 5.F
Discretionary
73%
of RAUM
Private clients
68%
$260M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$76.4M
derived; firm RAUM over IAPD count
Employees
10
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$382M as of Mar 26, 2026
Mar 27, 2020$119M then
HNW client RAUM$194M as of Mar 26, 2026
Mar 27, 2020$51.2M then
State-registered IARs (5.B.3)5 as of Mar 26, 2026
Mar 27, 20202 then
Employees (5.A)10 as of Mar 26, 2026
Mar 27, 20205 then
Private funds: no history
RAUM +14% over the last fiscal year+23% a year over threeIARs 3 to 5
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
- 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
- RAUM per advisor
- $76.4MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 53derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.6MderivedHNW RAUM over HNW clients
- Average account
- $480,279derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 73%derivedof RAUM
- Institutional
- 32%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 2.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +14%derivedbetween the last two annual amendments
- Advisor growth, one year
- +67%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -0.7%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 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)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$194M51%
- Pension and profit-sharing plans$117M31%
- Individuals$65.9M17%
- Charitable organizations$5.2M1.4%
- Individual clients
- 140reported
- HNW clients
- 125reported
- Pension plan clients
- 49reported
- Charitable clients
- n/areported
- Accounts
- 795reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.68 fund_share=0.0 institutional_share=0.32 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Todd Ashley RoselleCertified Financial Planner, Chartered Financial Consultant | Rehoboth Beach, De | Sep 26, 2018 | 20 y | 2 |
| Carter Alan McclungCertified Financial Planner | Rehoboth Beach, De | Jul 27, 2021 | 11 y | 0 |
| Kelly Nicole WilsonCertified Financial Planner | Wilmington, De | Jan 13, 2022 | 12 y | 0 |
| Justin Clarke Bennitt | Rehoboth Beach, De | Jun 30, 2025 | 25 y | 4 |
| Christopher Allan OwensCertified Financial Planner | Rehoboth Beach, De | Jul 8, 2025 | 18 y | 6 |
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 headcount3 left over 36 months
Left, latest
- James R Whalen to Cypress Financial PlanningApr 14, 2025 · RIA to RIA
- Jeffrey Thomas Kaczmarczyk to Tristate Wealth AdvisorsFeb 1, 2025 · RIA to a state-registered adviser
- Nicholas Lombardo to Commonwealth Financial NetworkNov 7, 2024 · RIA to affiliated broker-dealer or bank
Joined, latest
- Christopher Allan Owens from Wealthspire AdvisorsJul 8, 2025 · RIA to RIA
- Justin Clarke Bennitt from Brandywine Global Investment Management, LLCJun 30, 2025 · Other
- James R Whalen from Northwestern Mutual Investment Services,LLCFeb 13, 2019 · Other
- Todd Ashley Roselle from Cambridge Investment Research Advisors, Inc.Sep 26, 2018 · Affiliated broker-dealer or bank to independent RIA
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Kelly Kaczmarczyk · Chief Compliance Officercontrolsince 10/2020 · owns less than 5%
- Ashley Todd Roselle · Principalcontrolsince 08/2018 · owns 75% or more
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 |
|---|---|---|---|---|---|
| Rehoboth Beach, De · principal | 4 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Wilmington, DE3 employees
What changed
consecutive filings, newest first
- Accounts · 838 to 795Sep 25, 2025 to Mar 26, 2026
- Advisory employees · 3 to 5Sep 25, 2025 to Mar 26, 2026
- HNW clients · 85 to 125Sep 25, 2025 to Mar 26, 2026
- Individual clients · 182 to 140Sep 25, 2025 to Mar 26, 2026
- Pension plan clients · 50 to 49Sep 25, 2025 to Mar 26, 2026
- Employees · 7 to 10Sep 25, 2025 to Mar 26, 2026
- State-registered IARs · 3 to 5Sep 25, 2025 to Mar 26, 2026
- Discretionary RAUM · $244M to $279MSep 25, 2025 to Mar 26, 2026
- HNW RAUM · $182M to $194MSep 25, 2025 to Mar 26, 2026
- Individual RAUM · $50.7M to $65.9MSep 25, 2025 to Mar 26, 2026
- Non-discretionary RAUM · $91.2M to $103MSep 25, 2025 to Mar 26, 2026
- Pension RAUM · $98.5M to $117MSep 25, 2025 to Mar 26, 2026
- RAUM · $335M to $382MSep 25, 2025 to Mar 26, 2026
- Financial planning clients · 101-250 to 101-250Apr 10, 2025 to Jul 9, 2025
- Accounts · 677 to 838Jul 29, 2024 to Feb 1, 2025
- Advisory employees · 6 to 3Jul 29, 2024 to Feb 1, 2025
- BD registered reps · 1 to 0Jul 29, 2024 to Feb 1, 2025
- HNW clients · 72 to 85Jul 29, 2024 to Feb 1, 2025
- Individual clients · 155 to 182Jul 29, 2024 to Feb 1, 2025
- Pension plan clients · 43 to 50Jul 29, 2024 to Feb 1, 2025
- Employees · 10 to 7Jul 29, 2024 to Feb 1, 2025
- State-registered IARs · 6 to 3Jul 29, 2024 to Feb 1, 2025
- Discretionary RAUM · $194M to $244MJul 29, 2024 to Feb 1, 2025
- HNW RAUM · $136M to $182MJul 29, 2024 to Feb 1, 2025
- Individual RAUM · $46.1M to $50.7MJul 29, 2024 to Feb 1, 2025
- Non-discretionary RAUM · $80.0M to $91.2MJul 29, 2024 to Feb 1, 2025
- Pension RAUM · $88.5M to $98.5MJul 29, 2024 to Feb 1, 2025
- RAUM · $274M to $335MJul 29, 2024 to Feb 1, 2025
- Accounts · 608 to 677Oct 30, 2023 to Mar 15, 2024
- HNW clients · 79 to 72Oct 30, 2023 to Mar 15, 2024
- Individual clients · 227 to 155Oct 30, 2023 to Mar 15, 2024
- Pension plan clients · 34 to 43Oct 30, 2023 to Mar 15, 2024
- Employees · 8 to 10Oct 30, 2023 to Mar 15, 2024
- Financial planning clients · 51-100 to 101-250Oct 30, 2023 to Mar 15, 2024
- Discretionary RAUM · $149M to $194MOct 30, 2023 to Mar 15, 2024
- HNW RAUM · $100M to $136MOct 30, 2023 to Mar 15, 2024
- Individual RAUM · $49.0M to $46.1MOct 30, 2023 to Mar 15, 2024
- Non-discretionary RAUM · $58.4M to $80.0MOct 30, 2023 to Mar 15, 2024
- Pension RAUM · $55.1M to $88.5MOct 30, 2023 to Mar 15, 2024
- RAUM · $207M to $274MOct 30, 2023 to Mar 15, 2024
Signals
5 dated events
- James R Whalen left Blue Rock Financial Group for Cypress Financial Planning (registered 2025-03-15)Apr 14, 2025 · Advisor changed firm · fact
- Jeffrey Thomas Kaczmarczyk left Blue Rock Financial Group for Tristate Wealth Advisors (registered 2025-01-15)Feb 1, 2025 · Advisor changed firm · fact
- Nicholas Lombardo left Blue Rock Financial Group for Commonwealth Financial Network (registered 2026-06-07)Nov 7, 2024 · Advisor changed firm · fact
- Kelly Kaczmarczyk (Chief Compliance Officer) appeared on Schedule A of Blue Rock Financial GroupOct 23, 2020 · Control person joined · fact
- Blue Rock Dravo Bay filed its initial SEC registration (Form ADV)Dec 24, 2019 · 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
- 302-752-6637reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/bluerockfgreportedpublic record, Form ADV, Sep 17, 2026
- Website
- bluerockfg.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (302) 752-6637reportedpublic record, Form ADV, Mar 26, 2026
- Team page
- bluerockfg.com/our-team/todd-roselle-cfp-chfcreportedpublished by the firm, firm site, Sep 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
- $76.4Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026