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
Roundhill Investments
Legal name Roundhill Financial Inc.
Latest filing Jul 24, 2026
First filing on the tape Mar 8, 2019 · 19 filings
SEC status approved since Apr 8, 2019
RAUM
$9.6B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
13
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$9.6B as of Jul 24, 2026
Mar 24, 2020$10.8M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 24, 2026
Mar 24, 20200 then
Employees (5.A)13 as of Jul 24, 2026
Mar 24, 20202 then
Private funds1 as of Mar 31, 2024
Mar 30, 20211 then
RAUM +153% over the last fiscal year+160% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 24, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM 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
- $213MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +153%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$9.6B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 45reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=4.0derived
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
none on the tape
Joined, latest
none on the tape
Private funds
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Roundhill Spv 1, LLC | Private Equity Fund | $24.6M | 39 | Jun 24, 2020 |
Owners and control persons
Schedule A and B, latest filing
- Will Hershey · Co-Foundercontrolsince 09/2018 · owns 25% to 50%
- Timothy Maloney · Co-Foundercontrolsince 10/2018 · owns 25% to 50%
- Brian David Mazza · Ceocontrolsince 04/2024 · owns less than 5%
- Baron Marcia Hershey · Ownersince 05/2019 · owns 5% to 10%
- Charles Steven Ludwig · Chief Compliance Officersince 03/2023 · owns less than 5%
Entity owners
- Bitkraft Esports Ventures Fund I, L.P. · Shareholderdirect · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM up 50 %Change between filings · filing Feb 27, 2026RAUM (Item 5.F) moved from $3,789,815,282 to $9,586,795,259 (+153.0%) between the annual amendments of 2025-03-25 and 2026-02-27; the peer median change was +13.0% (631 comparable advisers, 99.0th percentile of changes)peers: asset managers, $5B to $20B (631) · 99% percentile
What changed
consecutive filings, newest first
- Accounts · 15 to 45Mar 25, 2025 to Feb 27, 2026
- Advisory employees · 6 to 5Mar 25, 2025 to Feb 27, 2026
- BD registered reps · 2 to 4Mar 25, 2025 to Feb 27, 2026
- Employees · 8 to 13Mar 25, 2025 to Feb 27, 2026
- Discretionary RAUM · $3.8B to $9.6BMar 25, 2025 to Feb 27, 2026
- RAUM · $3.8B to $9.6BMar 25, 2025 to Feb 27, 2026
- Accounts · 10 to 15Apr 29, 2024 to Mar 25, 2025
- Advisory employees · 4 to 6Apr 29, 2024 to Mar 25, 2025
- Advisory activities · 2 to 1Apr 29, 2024 to Mar 25, 2025
- BD registered reps · 1 to 2Apr 29, 2024 to Mar 25, 2025
- Pooled vehicle clients · 1.0 to unsetApr 29, 2024 to Mar 25, 2025
- Employees · 5 to 8Apr 29, 2024 to Mar 25, 2025
- Financial planning clients · unset to Apr 29, 2024 to Mar 25, 2025
- Private funds · 1 to unsetApr 29, 2024 to Mar 25, 2025
- Discretionary RAUM · $717M to $3.8BApr 29, 2024 to Mar 25, 2025
- Pooled vehicle RAUM · 24640442.0 to unsetApr 29, 2024 to Mar 25, 2025
- RAUM · $717M to $3.8BApr 29, 2024 to Mar 25, 2025
- Assets in custody · 24643663.0 to unsetMar 31, 2024 to Apr 17, 2024
- Accounts · 8 to 10Mar 30, 2023 to Mar 31, 2024
- Advisory employees · 5 to 4Mar 30, 2023 to Mar 31, 2024
- Pooled vehicle clients · 2 to 1Mar 30, 2023 to Mar 31, 2024
- Custody of client assets · true to falseMar 30, 2023 to Mar 31, 2024
- Employees · 8 to 5Mar 30, 2023 to Mar 31, 2024
- Other offices · 4 to 0Mar 30, 2023 to Mar 31, 2024
- Discretionary RAUM · $547M to $717MMar 30, 2023 to Mar 31, 2024
- Pooled vehicle RAUM · $27.2M to $24.6MMar 30, 2023 to Mar 31, 2024
- RAUM · $547M to $717MMar 30, 2023 to Mar 31, 2024
- Advisory employees · 4 to 5Jun 15, 2022 to Mar 30, 2023
- Pooled vehicle clients · 1 to 2Jun 15, 2022 to Mar 30, 2023
- Assets in custody · $23.5M to $24.6MJun 15, 2022 to Mar 30, 2023
- Employees · 6 to 8Jun 15, 2022 to Mar 30, 2023
- Other offices · 1 to 4Jun 15, 2022 to Mar 30, 2023
- Discretionary RAUM · $1.3B to $547MJun 15, 2022 to Mar 30, 2023
- Pooled vehicle RAUM · $23.5M to $27.2MJun 15, 2022 to Mar 30, 2023
- RAUM · $1.3B to $547MJun 15, 2022 to Mar 30, 2023
- Accounts · 3 to 8Nov 9, 2021 to Mar 15, 2022
- Advisory employees · 3 to 4Nov 9, 2021 to Mar 15, 2022
- Assets in custody · $15.3M to $23.5MNov 9, 2021 to Mar 15, 2022
- Custody of client assets · false to trueNov 9, 2021 to Mar 15, 2022
- Employees · 4 to 6Nov 9, 2021 to Mar 15, 2022
Signals
11 dated events
- Roundhill Investments reported RAUM $9.6B, up 153% from $3.8B (2025-03-25 to 2026-02-27)Feb 27, 2026 · RAUM change · derived
- Roundhill Investments reported RAUM $3.8B, up 429% from $716.8M (2024-04-29 to 2025-03-25)Mar 25, 2025 · RAUM change · derived
- Brian David Mazza (Ceo) appeared on Schedule A of Roundhill InvestmentsApr 29, 2024 · Control person joined · fact
- Roundhill Investments reported RAUM $716.8M, up 31% from $547.1M (2023-03-30 to 2024-03-31)Mar 31, 2024 · RAUM change · derived
- Roundhill Investments reported RAUM $547.1M, down 59% from $1.3B (2022-06-15 to 2023-03-30)Mar 30, 2023 · RAUM change · derived
- Jihoon Kim (Chief Compliance Officer) no longer on Schedule A of Roundhill Investments (listed 2022-03-15, absent 2022-06-15)Jun 15, 2022 · Control person left · inference
- Roundhill Investments reported RAUM $1.3B, up 356% from $293.1M (2021-11-09 to 2022-03-15)Mar 15, 2022 · RAUM change · derived
- Jihoon Kim (Chief Compliance Officer) appeared on Schedule A of Roundhill InvestmentsOct 20, 2021 · Control person joined · fact
- Roundhill Investments reported RAUM $293.1M, up 144% from $119.9M (2020-07-23 to 2021-03-30)Mar 30, 2021 · RAUM change · derived
- Roundhill Investments reported succeeding to the business of Another Adviser (Form ADV Item 4)Jun 11, 2019 · Succession (Item 4) · fact
- Roundhill Financial Llc filed its initial SEC registration (Form ADV)Mar 8, 2019 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Roundhill Investments · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/roundhillreportedpublic record, Form ADV, Sep 17, 2026
- Website
- roundhillinvestments.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 646-661-5441reportedpublic record, Form ADV, Jul 24, 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
- Asset manager (funds and pooled vehicles)deriveda 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