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.

Former SEC-registered adviser

Thinkbetter

Former SEC-registered adviserLuguillo, PRCRD 300530SEC 801-119275IAPD
Legal name Thinkbetter Group LLC
Latest filing Mar 31, 2023
First filing on the tape Jul 14, 2020 · 14 filings
RAUM
$174M
reported, Item 5.F
Discretionary
19%
of RAUM
Private clients
2.9%
$5.1M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$174M as of Mar 30, 2023
Mar 31, 2021$288M then
HNW client RAUM: no history
State-registered IARs (5.B.3)1 as of Mar 30, 2023
Mar 31, 20212 then
Employees (5.A)3 as of Mar 30, 2023
Mar 31, 20216 then
Private funds: no history
RAUM -69% over the last fiscal yearIARs 2 to 1offices 0 to 2
Practice profile
derived from the filing of Mar 31, 2023; every figure names its basis
RAUM per advisor
$174MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$19.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
19%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
0.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
-69%derivedbetween the last two annual amendments
Advisor growth, one year
-50%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for investment companiesreportedItem 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Corporations and businesses$142M81%
  • Investment companies$27.6M16%
  • Individuals$5.1M2.9%
Individual clients
1reported
HNW clients
n/areported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
9reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Mark Sava Belanian · President And Principalcontrol
    since 01/2019 · owns less than 5%
  • Christian Edward Bertelsen · Member (40%) Chief Compliance Officercontrol
    since 10/2022 · owns 25% to 50% of Thinkbetter Holdings, LLC
  • A Teresa Koncick · Owner (10%)control
    since 09/2019 · owns F of Thinkbetter Holdings, LLC
  • Renaud Piccinini · Member(50%) President - Chief Investment Officercontrol
    since 09/2019 · owns 50% to 75% of Thinkbetter Holdings, LLC
  • A Teresa Koncick · Owner- Cco
    since 01/2019 · owns 5% to 10%
Entity owners
  • Thinkbetter Holdings, LLC · Owner And State Of Florida Limited Liability Company
    direct · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
  • Sarasota, FL3 employees
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 12 to 9
    Nov 30, 2022 to Mar 30, 2023
  • Corporate clients · 8 to 7
    Nov 30, 2022 to Mar 30, 2023
  • Discretionary RAUM · $177M to $32.7M
    Nov 30, 2022 to Mar 30, 2023
  • Individual RAUM · $2.6M to $5.1M
    Nov 30, 2022 to Mar 30, 2023
  • Non-discretionary RAUM · $379M to $142M
    Nov 30, 2022 to Mar 30, 2023
  • RAUM · $556M to $174M
    Nov 30, 2022 to Mar 30, 2023
  • Advisory employees · 4 to 3
    Mar 28, 2022 to Nov 29, 2022
  • Employees · 6 to 3
    Mar 28, 2022 to Nov 29, 2022
  • State-registered IARs · 2 to 1
    Mar 28, 2022 to Nov 29, 2022
  • HQ city · SAN JUAN to LUGUILLO
    Nov 29, 2022 to Nov 29, 2022
  • Other offices · 0 to 2
    Nov 29, 2022 to Nov 29, 2022
  • Legal name · THINKBETTER LLC to THINKBETTER GROUP LLC
    Jan 25, 2022 to Mar 28, 2022
  • Discretionary RAUM · $124M to $177M
    Jan 25, 2022 to Mar 28, 2022
  • Individual RAUM · $2.6M to $2.6M
    Jan 25, 2022 to Mar 28, 2022
  • Non-discretionary RAUM · $309M to $379M
    Jan 25, 2022 to Mar 28, 2022
  • RAUM · $433M to $556M
    Jan 25, 2022 to Mar 28, 2022
  • Succession · true to false
    Jan 25, 2022 to Mar 28, 2022
  • Advisory employees · 2 to 4
    Nov 23, 2021 to Jan 25, 2022
  • HQ city · SARASOTA to SAN JUAN
    Nov 23, 2021 to Jan 25, 2022
  • HQ state · FL to PR
    Nov 23, 2021 to Jan 25, 2022
  • Succession · false to true
    Nov 23, 2021 to Jan 25, 2022
  • Accounts · 16 to 12
    Mar 31, 2021 to Oct 28, 2021
  • Corporate clients · 0 to 8
    Mar 31, 2021 to Oct 28, 2021
  • Individual clients · 3 to 1
    Mar 31, 2021 to Oct 28, 2021
  • Discretionary RAUM · $5.6M to $124M
    Mar 31, 2021 to Oct 28, 2021
  • Individual RAUM · $2.3M to $2.6M
    Mar 31, 2021 to Oct 28, 2021
  • Non-discretionary RAUM · $283M to $309M
    Mar 31, 2021 to Oct 28, 2021
  • RAUM · $288M to $433M
    Mar 31, 2021 to Oct 28, 2021
  • Accounts · 10 to 16
    Sep 1, 2020 to Mar 31, 2021
  • Discretionary RAUM · $2.3M to $5.6M
    Sep 1, 2020 to Mar 31, 2021
  • Individual RAUM · $2.3M to $2.3M
    Sep 1, 2020 to Mar 31, 2021
  • Non-discretionary RAUM · $60.0M to $283M
    Sep 1, 2020 to Mar 31, 2021
  • RAUM · $62.3M to $288M
    Sep 1, 2020 to Mar 31, 2021
Signals
7 dated events
  • Christopher Ryan Hamm left Thinkbetter for Fsam Llc (registered 2023-07-12)
    Jul 5, 2023 · Advisor changed firm · fact
  • Thinkbetter reported RAUM $174.5M, down 69% from $556.4M (2022-11-30 to 2023-03-30)
    Mar 30, 2023 · RAUM change · derived
  • Thinkbetter reported RAUM $556.4M, up 28% from $433.0M (2022-01-25 to 2022-03-28)
    Mar 28, 2022 · RAUM change · derived
  • Thinkbetter reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Jan 25, 2022 · Succession (Item 4) · fact
  • Thinkbetter reported RAUM $433.0M, up 50% from $288.3M (2021-03-31 to 2021-10-28)
    Oct 28, 2021 · RAUM change · derived
  • Thinkbetter reported RAUM $288.3M, up 363% from $62.3M (2020-09-01 to 2021-03-31)
    Mar 31, 2021 · RAUM change · derived
  • Thinkbetter filed its initial SEC registration (Form ADV)
    Jul 14, 2020 · 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.
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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026