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

Upholdings

Former SEC-registered adviserCRD 301340SEC 801-119773IAPD
Legal name Upholdings Group LLC
Latest filing Jul 11, 2023
First filing on the tape Oct 12, 2020 · 12 filings
RAUM
$1.4M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
93%
$1.3M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$700,000
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
$100,000 gross assets
History
12 filings and snapshots on the tape
RAUM$7.2M as of Feb 1, 2023
May 6, 2021$11.5M then
HNW client RAUM: no history
State-registered IARs (5.B.3)2 as of Feb 1, 2023
May 6, 20211 then
Employees (5.A)2 as of Feb 1, 2023
May 6, 20212 then
Private funds: no history
RAUM -86% over the last fiscal yearIARs 2 to 2offices 0 to 1
Practice profile
derived from the filing of Jul 11, 2023; every figure names its basis
RAUM per advisor
$700,000derivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.3MderivedHNW RAUM over HNW clients
Average account
$700,000derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-30%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for pooled vehiclesreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.3M93%
  • Pooled investment vehicles$100,0007.1%
Individual clients
n/areported
HNW clients
1reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Robert Henry CantwellNashville, TnNov 20, 202013 y0
Roman Joseph PugliseNashville, Tn Jul 17, 202513 y1
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
Joined, latest
Private funds
2 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Upholdings: Flagship Fundno longer reportedHedge Fund$1.5M6Oct 12, 2020
The Compound Kings FundOther Private Fund$100,0001Jun 2, 2023
Owners and control persons
Schedule A and B, latest filing
  • Alexander Robert Cantwell · Managing Member / Chief Compliance Officercontrol
    since 01/2019 · owns 75% or more
  • Thomas Glen Kacher · Trustee
    since 05/2021 · owns F of Kacher Revocable Trust
Entity owners
  • Kacher Revocable Trust · Member
    direct · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Nashville, Tn200
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 1 to 2
    Feb 1, 2023 to Jun 2, 2023
  • Advisory activities · 3 to 2
    Feb 1, 2023 to Jun 2, 2023
  • HNW clients · unset to 1.0
    Feb 1, 2023 to Jun 2, 2023
  • Pooled vehicle clients · unset to 1.0
    Feb 1, 2023 to Jun 2, 2023
  • Financial planning clients · 0 to unset
    Feb 1, 2023 to Jun 2, 2023
  • Other offices · 0 to 1
    Feb 1, 2023 to Jun 2, 2023
  • Private funds · unset to 1
    Feb 1, 2023 to Jun 2, 2023
  • Discretionary RAUM · $0 to $1.4M
    Feb 1, 2023 to Jun 2, 2023
  • HNW RAUM · unset to 1300000.0
    Feb 1, 2023 to Jun 2, 2023
  • Non-discretionary RAUM · $7.2M to $0
    Feb 1, 2023 to Jun 2, 2023
  • Pooled vehicle RAUM · unset to 100000.0
    Feb 1, 2023 to Jun 2, 2023
  • RAUM · $7.2M to $1.4M
    Feb 1, 2023 to Jun 2, 2023
  • Advisory activities · 1 to 3
    Jan 27, 2022 to Feb 1, 2023
  • Employees · 3 to 2
    Jan 27, 2022 to Feb 1, 2023
  • Financial planning clients · unset to 0
    Jan 27, 2022 to Feb 1, 2023
  • Non-discretionary RAUM · $10.3M to $7.2M
    Jan 27, 2022 to Feb 1, 2023
  • RAUM · $10.3M to $7.2M
    Jan 27, 2022 to Feb 1, 2023
  • Non-discretionary RAUM · $12.1M to $10.3M
    Aug 12, 2021 to Jan 27, 2022
  • RAUM · $12.1M to $10.3M
    Aug 12, 2021 to Jan 27, 2022
  • Advisory employees · 1 to 2
    May 6, 2021 to Aug 11, 2021
  • Employees · 2 to 3
    May 6, 2021 to Aug 11, 2021
  • State-registered IARs · 1 to 2
    May 6, 2021 to Aug 11, 2021
  • Non-discretionary RAUM · $11.5M to $12.1M
    May 6, 2021 to Aug 11, 2021
  • RAUM · $11.5M to $12.1M
    May 6, 2021 to Aug 11, 2021
  • Non-discretionary RAUM · $10.2M to $11.5M
    Mar 10, 2021 to May 6, 2021
  • RAUM · $10.2M to $11.5M
    Mar 10, 2021 to May 6, 2021
  • Pooled vehicle clients · 1.0 to unset
    Nov 20, 2020 to Mar 10, 2021
  • Assets in custody · 1509963.0 to unset
    Nov 20, 2020 to Mar 10, 2021
  • Custody of client assets · true to false
    Nov 20, 2020 to Mar 10, 2021
  • Employees · 1 to 2
    Nov 20, 2020 to Mar 10, 2021
  • State-registered IARs · 0 to 1
    Nov 20, 2020 to Mar 10, 2021
  • Private funds · 1 to unset
    Nov 20, 2020 to Mar 10, 2021
  • Discretionary RAUM · $1.5M to $0
    Nov 20, 2020 to Mar 10, 2021
  • Non-discretionary RAUM · $0 to $10.2M
    Nov 20, 2020 to Mar 10, 2021
  • Pooled vehicle RAUM · 1509963.0 to unset
    Nov 20, 2020 to Mar 10, 2021
  • RAUM · $1.5M to $10.2M
    Nov 20, 2020 to Mar 10, 2021
Signals
2 dated events
  • Lars Cianciolo left Upholdings for Lmcg Investments, Llc (registered 2026-01-13)
    Aug 2, 2024 · Advisor changed firm · fact
  • Upholdings filed its initial SEC registration (Form ADV)
    Oct 12, 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.
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/upholdingsreportedpublic record, Form ADV, Sep 17, 2026
Website
upholdings.comreportedpublic record, Form ADV, Sep 17, 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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
$700,000derivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026