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
Northfront Financial USA Inc
Latest filing Apr 28, 2026
First filing on the tape May 23, 2019 · 26 filings
SEC status approved since Jun 24, 2019
RAUM
$11.3M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
100%
$11.3M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$5.6M
derived; firm RAUM over IAPD count
Employees
5
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$11.3M as of Apr 28, 2026
Mar 26, 2020$4.7M then
HNW client RAUM$0 as of Apr 28, 2026
Mar 23, 2021$0 then
State-registered IARs (5.B.3)2 as of Apr 28, 2026
Mar 26, 20202 then
Employees (5.A)5 as of Apr 28, 2026
Mar 26, 20202 then
Private funds: no history
RAUM +15% over the last fiscal year+41% a year over threeIARs 1 to 2
Practice profile
derived from the filing of Apr 28, 2026; every figure names its basis
Archetypes, each a printed rule
- 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
- Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $5.6MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 17derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $304,057derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.5derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +15%derivedbetween the last two annual amendments
- Advisor growth, one year
- +100%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +175%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individualsreportedItem 5.G
- Wrap fee program
- $11.3MreportedItem 5.I
- 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 hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$11.3M100%
- Individual clients
- 33reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 37reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- $0 sponsored, $0 managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Jeffrey D Ady | Calgary, Alberta | Mar 27, 2024 | 14 y | 0 |
| Raul Budian | Calgary, Alberta | Mar 20, 2026 | 10 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 headcount1 left over 36 months
Left, latest
- Shamez Mansur Kassam to Designed Wealth USA Ltd.Dec 31, 2023 · RIA to a newly registered adviser
Joined, latest
- Shamez Mansur Kassam from Raymond James (USA) LtdDec 14, 2022 · Affiliated broker-dealer or bank to independent RIA
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Ashlyn Ady · Directorcontrolsince 02/2019 · owns less than 5%
- Ashlyn Ady · Shareholdercontrolsince 02/2019 · owns 75% or more of Ady Holding Corp
- Cassandra Anvik · Shareholdercontrolsince 02/2019 · owns 50% to 75% of K&C Anvik Inc
- Karl Anvik · Shareholdercontrolsince 02/2019 · owns 50% to 75% of K&C Anvik Inc
- D Jeffrey Ady · Chief Compliance Officer And Managing Partnersince 05/2024 · owns less than 5%
Entity owners
- Ady Holding Corp · Shareholderdirect · owns 50% to 75%
- K&C Anvik Inc · Shareholderdirect · owns 25% to 50%
Related persons
Schedule D 7.A
- Northfront Financial Inc.investment advisery
- Northfront Insurance Corp.real estatey
- Northfront Wealth Management Inc.investment advisery
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Calgary, Alberta | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Advisory employees · 1 to 2Mar 23, 2026 to Apr 28, 2026
- Employees · 4 to 5Mar 23, 2026 to Apr 28, 2026
- State-registered IARs · 1 to 2Mar 23, 2026 to Apr 28, 2026
- Accounts · 30 to 37Dec 24, 2025 to Mar 23, 2026
- Individual clients · 12 to 33Dec 24, 2025 to Mar 23, 2026
- Financial planning clients · 0 to 1-10Dec 24, 2025 to Mar 23, 2026
- Discretionary RAUM · $6.7M to $11.0MDec 24, 2025 to Mar 23, 2026
- Individual RAUM · $9.8M to $11.3MDec 24, 2025 to Mar 23, 2026
- Non-discretionary RAUM · $3.1M to $214,698Dec 24, 2025 to Mar 23, 2026
- RAUM · $9.8M to $11.3MDec 24, 2025 to Mar 23, 2026
- Accounts · 22 to 30Jun 13, 2024 to Mar 14, 2025
- Individual clients · 22 to 12Jun 13, 2024 to Mar 14, 2025
- Financial planning clients · unset to 0Jun 13, 2024 to Mar 14, 2025
- HQ state · unset to Jun 13, 2024 to Mar 14, 2025
- Discretionary RAUM · $2.8M to $6.7MJun 13, 2024 to Mar 14, 2025
- Individual RAUM · $7.0M to $9.8MJun 13, 2024 to Mar 14, 2025
- Non-discretionary RAUM · $4.3M to $3.1MJun 13, 2024 to Mar 14, 2025
- RAUM · $7.0M to $9.8MJun 13, 2024 to Mar 14, 2025
- Advisory employees · 2 to 1Apr 2, 2024 to Jun 13, 2024
- Employees · 5 to 4Apr 2, 2024 to Jun 13, 2024
- Insurance-licensed employees · 1 to 0Apr 2, 2024 to Jun 13, 2024
- State-registered IARs · 2 to 1Apr 2, 2024 to Jun 13, 2024
- Advisory employees · 1 to 2Mar 8, 2024 to Apr 2, 2024
- Employees · 4 to 5Mar 8, 2024 to Apr 2, 2024
- Insurance-licensed employees · 0 to 1Mar 8, 2024 to Apr 2, 2024
- State-registered IARs · 1 to 2Mar 8, 2024 to Apr 2, 2024
- Accounts · 16 to 22Dec 13, 2023 to Mar 8, 2024
- Individual clients · 16 to 22Dec 13, 2023 to Mar 8, 2024
- Discretionary RAUM · $2.1M to $2.8MDec 13, 2023 to Mar 8, 2024
- Individual RAUM · $4.0M to $7.0MDec 13, 2023 to Mar 8, 2024
- Non-discretionary RAUM · $1.9M to $4.3MDec 13, 2023 to Mar 8, 2024
- RAUM · $4.0M to $7.0MDec 13, 2023 to Mar 8, 2024
- Advisory employees · 2 to 1Mar 16, 2023 to Aug 25, 2023
- Employees · 5 to 4Mar 16, 2023 to Aug 25, 2023
- State-registered IARs · 2 to 1Mar 16, 2023 to Aug 25, 2023
- Accounts · 20 to 16Jan 19, 2023 to Mar 16, 2023
- Individual clients · 14 to 16Jan 19, 2023 to Mar 16, 2023
- Discretionary RAUM · $3.6M to $2.1MJan 19, 2023 to Mar 16, 2023
- Individual RAUM · $5.5M to $4.0MJan 19, 2023 to Mar 16, 2023
- Non-discretionary RAUM · $1.9M to $1.9MJan 19, 2023 to Mar 16, 2023
Signals
3 dated events
- Mansur Shamez Kassam (President & Chief Compliance Officer) no longer on Schedule A of Northfront Financial Usa Inc (listed 2024-04-02, absent 2024-06-13)Jun 13, 2024 · Control person left · inference
- Shamez Mansur Kassam left Northfront Financial Usa Inc for Designed Wealth Usa Ltd. (registered 2026-03-27)Dec 31, 2023 · Advisor changed firm · fact
- Northfront Financial Usa Inc filed its initial SEC registration (Form ADV)May 23, 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
- Principal office phone
- 403-571-8960reportedpublic record, Form ADV, Apr 28, 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
- $5.6Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026