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
Invicta Advisors LLC
Latest filing Mar 30, 2026
First filing on the tape Sep 11, 2018 · 29 filings
SEC status approved since Oct 12, 2018
RAUM
$310M
reported, Item 5.F
Discretionary
30%
of RAUM
Private clients
95%
$293M individuals and HNW
Advisors
13
registered through the firm on IAPD
RAUM per advisor
$23.9M
derived; firm RAUM over IAPD count
Employees
44
7 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$310M as of Mar 30, 2026
Feb 7, 2019$150M then
HNW client RAUM$87.7M as of Mar 30, 2026
Feb 7, 2019$10.0M then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Feb 7, 20190 then
Employees (5.A)44 as of Mar 30, 2026
Feb 7, 201920 then
Private funds: no history
RAUM +69% over the last fiscal year-9.7% a year over threeIARs 0 to 0offices 3 to 4
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
- Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
- Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
- RAUM per advisor
- $28.2MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 105derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.5MderivedHNW RAUM over HNW clients
- Average account
- $266,690derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 30%derivedof RAUM
- Institutional
- 4.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 4.0derivedItem 5.A over advisors
- Advisors per office
- 2.2derived5 offices incl. principal (1.F.5)
- RAUM growth, one year
- +69%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- -2.9%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 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
- is a broker-dealer (6.A.1)
- 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
- Individuals$206M66%
- High-net-worth individuals$87.7M28%
- Pension and profit-sharing plans$14.3M4.6%
- Corporations and businesses$2.4M0.8%
- Individual clients
- 1,117reported
- HNW clients
- 35reported
- Pension plan clients
- 9reported
- Charitable clients
- 0reported
- Accounts
- 1,163reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.95 fund_share=0.0 institutional_share=0.05 related_bd=true related_bank=false bd_reps=44.0derived
Advisors registered through the firm
12 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Aimee Anne Toth | Oakmont, Pa | Oct 19, 2018 | 18 y | 2 |
| Eric Michael Smith | Doylestown, Pa | Oct 25, 2018 | 22 y | 1 |
| Gregory Scott TealCertified Financial Planner | Upper Chichester, Pa | Oct 25, 2018 | 22 y | 2 |
| Kristin Marie Pearson | Oakmont, Pa | Nov 16, 2018 | 22 y | 5 |
| William Thomas Krzton | Oakmont, Pa | Jun 28, 2019 | 32 y | 0 |
| Scott Alan LucasChartered Financial Consultant | Worthington, Oh | Oct 3, 2019 | 39 y | 2 |
| Catherine Joyce Oliver-Allen | Oakmont, Pa | Oct 31, 2019 | 42 y | 3 |
| Timothy Landis | Oakmont, Pa | Jul 1, 2020 | 18 y | 6 |
| Juan Lopez | Oakmont, Pa | Oct 31, 2023 | 22 y | 5 |
| Louis Camacho Frank | Oakmont, Pa | Oct 29, 2024 | 10 y | 1 |
| Lawrence Bruce Hollin | Bala Cynwyd, Pa | Dec 19, 2024 | 17 y | 0 |
| Deborah Rebecca LewisCertified Financial Planner | Oakmont, Pa | Sep 19, 2025 | 26 y | 2 |
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 7.7% of current headcount3 left over 36 months
Left, latest
- John Walton Simmons to Rothschild Wealth LLCSep 14, 2026 · RIA to RIA
- Rex Linkenbach to Cambridge Investment Research Advisors, Inc.Aug 22, 2024 · RIA to affiliated broker-dealer or bank
- Preston Boyd to Cambridge Investment Research Advisors, Inc.Aug 22, 2024 · RIA to affiliated broker-dealer or bank
- Adam Beveridge to Cambridge Investment Research Advisors, Inc.Feb 15, 2023 · RIA to affiliated broker-dealer or bank
- Alex Joseph Kulka to Cambridge Investment Research Advisors, Inc.Feb 15, 2023 · RIA to affiliated broker-dealer or bank
- Kyle Edwin Beveridge to Cambridge Investment Research Advisors, Inc.Feb 15, 2023 · RIA to affiliated broker-dealer or bank
- Wayne Scott Segear to Private Advisor Group, LLCSep 28, 2021 · RIA to affiliated broker-dealer or bank
Joined, latest
- Deborah Rebecca Lewis from The Strategic Financial AllianceSep 19, 2025 · Affiliated broker-dealer or bank to independent RIA
- Louis Camacho Frank from Lotusgroup AdvisorsOct 29, 2024 · RIA to RIA
- John Walton Simmons from Ovation Partners, LPDec 11, 2023 · Other
- Juan Lopez from Verity Asset ManagementOct 31, 2023 · RIA to RIA
- Scott Coy from Trustmont Advisory Group, Inc.Jul 14, 2020 · Affiliated broker-dealer or bank to independent RIA
- Timothy Landis from Coy Capital ManagementJul 1, 2020 · Other
- Catherine Joyce Oliver-Allen from Bryan Advisory Services, LLCOct 31, 2019 · RIA to RIA
- Scott Alan Lucas from Wisdom Wealth Investment Advisors LLCOct 3, 2019 · RIA to RIA
- Wayne Scott Segear from Trustmont Advisory Group, Inc.Dec 7, 2018 · Affiliated broker-dealer or bank to a newly registered adviser
- Kristin Marie Pearson from The Coury FirmNov 16, 2018 · RIA to a newly registered adviser
- Rex Linkenbach from Trustmont Advisory Group, Inc.Nov 15, 2018 · Affiliated broker-dealer or bank to a newly registered adviser
- Adam Beveridge from Trustmont Advisory Group, Inc.Nov 15, 2018 · Affiliated broker-dealer or bank to a newly registered adviser
- Alex Joseph Kulka from Trustmont Advisory Group, Inc.Nov 15, 2018 · Affiliated broker-dealer or bank to a newly registered adviser
- Kyle Edwin Beveridge from Trustmont Advisory Group, Inc.Nov 15, 2018 · Affiliated broker-dealer or bank to a newly registered adviser
- Preston Boyd from Esb Wealth Management, LLCNov 15, 2018 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Cambridge Investment Research Advisors, Inc.Aug 22, 2024 · Mansfield, Oh
- 3 left for Cambridge Investment Research Advisors, Inc.Feb 15, 2023 · Oakmont, Pa
- 7 joined from Trustmont Advisory Group, Inc.Nov 15, 2018 · Greensburg, Pa
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Anne Aimee Toth · Chief Executive Officer, Shareholdercontrolsince 09/2018 · owns 25% to 50%
- Maynard Philip Giambri · Shareholdersince 12/2018 · owns 5% to 10%
- Marie Kristin Pearson · Chief Compliance Officersince 07/2022 · owns less than 5%
- Scott Gregory Teal · Shareholdersince 12/2018 · owns 5% to 10%
Related persons
Schedule D 7.A
- Invicta Capital LLCbroker-dealern
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Oakmont, Pa · principal | 11 | 1 | 1 | ||
| Mansfield, Oh | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Aston, PA2 employees
- Mansfield, OH2 employees
- Worthington, OH2 employees
- Doylestown, PA1 employees
ADV anomalies
4 against comparable advisers; where to look, not conclusions
- RAUM up clients flatCombination · filing Mar 30, 2026RAUM grew 50 percent or more while private clients stayed within 5 percent: existing clients grew, a few large clients arrived, or a reporting change. RAUM $183,496,330 to $310,160,547, advisors 0 to 0, private clients 1187 to 1152, offices 3 to 4 (2025-03-10 to 2026-03-30)peers: independent wealth managers, $100M to $500M (5,676)
- high employee count relative to advisorsStatic outlier · filing Mar 30, 2026employees per registered advisor of 4.0 against a peer median of 1.2 (1313 comparable advisers, 99.0th percentile, 9.4 robust deviations)peers: independent wealth managers, $100M to $500M (1,313) · 99% percentile
- discretionary share shiftChange between filings · filing Mar 30, 2026discretionary share of RAUM moved from 49.0% to 30.0% between the annual amendments of 2025-03-10 and 2026-03-30peers: independent wealth managers, $100M to $500M (5,676)
- RAUM up 50 %Change between filings · filing Mar 30, 2026RAUM (Item 5.F) moved from $183,496,330 to $310,160,547 (+69.0%) between the annual amendments of 2025-03-10 and 2026-03-30; the peer median change was +15.0% (4551 comparable advisers, 98.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,551) · 98% percentile
What changed
consecutive filings, newest first
- Accounts · 1,371 to 1,163Mar 10, 2025 to Mar 30, 2026
- Corporate clients · 0 to 2Mar 10, 2025 to Mar 30, 2026
- HNW clients · 71 to 35Mar 10, 2025 to Mar 30, 2026
- Individual clients · 1,116 to 1,117Mar 10, 2025 to Mar 30, 2026
- Pension plan clients · 12 to 9Mar 10, 2025 to Mar 30, 2026
- Other offices · 3 to 4Mar 10, 2025 to Mar 30, 2026
- Discretionary RAUM · $89.8M to $94.3MMar 10, 2025 to Mar 30, 2026
- HNW RAUM · $78.4M to $87.7MMar 10, 2025 to Mar 30, 2026
- Individual RAUM · $93.7M to $206MMar 10, 2025 to Mar 30, 2026
- Non-discretionary RAUM · $93.7M to $216MMar 10, 2025 to Mar 30, 2026
- Pension RAUM · $11.4M to $14.3MMar 10, 2025 to Mar 30, 2026
- RAUM · $183M to $310MMar 10, 2025 to Mar 30, 2026
- Accounts · 1,192 to 1,371Sep 9, 2024 to Mar 10, 2025
- Advisory employees · 9 to 7Sep 9, 2024 to Mar 10, 2025
- BD registered reps · 42 to 44Sep 9, 2024 to Mar 10, 2025
- HNW clients · 100 to 71Sep 9, 2024 to Mar 10, 2025
- Individual clients · 1,192 to 1,116Sep 9, 2024 to Mar 10, 2025
- Pension plan clients · 28 to 12Sep 9, 2024 to Mar 10, 2025
- Employees · 43 to 44Sep 9, 2024 to Mar 10, 2025
- Financial planning clients · 1-10 to 1-10Sep 9, 2024 to Mar 10, 2025
- Other offices · 4 to 3Sep 9, 2024 to Mar 10, 2025
- Discretionary RAUM · $165M to $89.8MSep 9, 2024 to Mar 10, 2025
- HNW RAUM · $20.7M to $78.4MSep 9, 2024 to Mar 10, 2025
- Individual RAUM · $144M to $93.7MSep 9, 2024 to Mar 10, 2025
- Non-discretionary RAUM · $27.3M to $93.7MSep 9, 2024 to Mar 10, 2025
- Pension RAUM · $27.3M to $11.4MSep 9, 2024 to Mar 10, 2025
- RAUM · $192M to $183MSep 9, 2024 to Mar 10, 2025
- HQ city · MONROEVILLE to OAKMONTFeb 28, 2024 to Sep 9, 2024
- Accounts · 3,108 to 1,192Nov 13, 2023 to Feb 28, 2024
- Advisory employees · 16 to 9Nov 13, 2023 to Feb 28, 2024
- BD registered reps · 35 to 42Nov 13, 2023 to Feb 28, 2024
- Corporate clients · unset to 0.0Nov 13, 2023 to Feb 28, 2024
- HNW clients · 612 to 100Nov 13, 2023 to Feb 28, 2024
- Individual clients · 1,330 to 1,192Nov 13, 2023 to Feb 28, 2024
- Pension plan clients · 75 to 28Nov 13, 2023 to Feb 28, 2024
- Employees · 36 to 43Nov 13, 2023 to Feb 28, 2024
- State-registered IARs · 15 to 0Nov 13, 2023 to Feb 28, 2024
- Discretionary RAUM · $33.0M to $165MNov 13, 2023 to Feb 28, 2024
- HNW RAUM · $97.9M to $20.7MNov 13, 2023 to Feb 28, 2024
- Individual RAUM · $208M to $144MNov 13, 2023 to Feb 28, 2024
Signals
17 dated events
- Louis Camacho Frank no longer holds an investment adviser registration (last listed at Invicta Advisors Llc on the 2026-09-14 feed)Sep 14, 2026 · Advisor registration ended · derived
- John Walton Simmons left Invicta Advisors LLC for Rothschild Wealth LLC (registered 2026-08-20)Sep 14, 2026 · Advisor changed firm · fact
- Invicta Advisors Llc reported RAUM $310.2M, up 69% from $183.5M (2025-03-10 to 2026-03-30)Mar 30, 2026 · RAUM change · derived
- Rex Linkenbach left Invicta Advisors Llc for Cambridge Investment Research Advisors, Inc. (registered 2024-08-22)Aug 22, 2024 · Advisor changed firm · fact
- Preston Boyd left Invicta Advisors Llc for Cambridge Investment Research Advisors, Inc. (registered 2024-08-22)Aug 22, 2024 · Advisor changed firm · fact
- 2 advisors left Invicta Advisors LLC (Mansfield, OH) for Cambridge Investment Research Advisors, Inc. on the same dayAug 22, 2024 · Team lift-out · derived
- Invicta Advisors Llc reported RAUM $192.3M, down 54% from $421.9M (2023-11-13 to 2024-02-28)Feb 28, 2024 · RAUM change · derived
- Invicta Advisors Llc reported 0 state-registered advisory representatives, down from 15 (2023-11-13 to 2024-02-28)Feb 28, 2024 · Advisor headcount change · derived
- Scott Coy no longer registered at Invicta Advisors Llc; no later IA registration on IAPDNov 13, 2023 · Advisor departure · fact
- Kyle Edwin Beveridge left Invicta Advisors Llc for Cambridge Investment Research Advisors, Inc. (registered 2023-02-15)Feb 15, 2023 · Advisor changed firm · fact
- Adam Beveridge left Invicta Advisors Llc for Cambridge Investment Research Advisors, Inc. (registered 2023-02-15)Feb 15, 2023 · Advisor changed firm · fact
- Alex Joseph Kulka left Invicta Advisors Llc for Cambridge Investment Research Advisors, Inc. (registered 2023-02-15)Feb 15, 2023 · Advisor changed firm · fact
- 3 advisors left Invicta Advisors LLC (Oakmont, PA) for Cambridge Investment Research Advisors, Inc. on the same dayFeb 15, 2023 · Team lift-out · derived
- Invicta Advisors Llc reported RAUM $459.8M, up 79% from $257.1M (2020-11-02 to 2021-03-30)Mar 30, 2021 · RAUM change · derived
- Invicta Advisors Llc reported RAUM $257.1M, up 71% from $150.0M (2019-04-01 to 2020-03-31)Mar 31, 2020 · RAUM change · derived
- Invicta Advisors Llc reported 12 state-registered advisory representatives, up from 0 (2019-04-01 to 2020-03-31)Mar 31, 2020 · Advisor headcount change · derived
- Invicta Advisors Llc filed its initial SEC registration (Form ADV)Sep 11, 2018 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Invicta Advisors LLC · Private Equityshared crd · intermediary
How to reach
public business contact points only, each with its source
- Business email
- contact@invictacapitaladvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- aat@invictacapitaladvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- coliver@invictacapitaladvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- kmp@invictacapitaladvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- mjb@invictacapitaladvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- wtz@invictacapitaladvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 412-349-8684reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 724-553-6891reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- invictacapitaladvisors.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 412-349-8684reportedpublic record, Form ADV, Mar 30, 2026
- Contact form
- invictacapitaladvisors.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- invictacapitaladvisors.com/our-peoplereportedpublished by the firm, firm site, Sep 15, 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
- $23.9Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026