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
Brandywine Asset Management
Legal name Brandywine Asset Management, Inc
Latest filing Jun 15, 2026
First filing on the tape Jun 30, 2021 · 14 filings
SEC status approved since Jul 30, 2021
RAUM
$156M
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
5
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
14 filings and snapshots on the tape
RAUM$156M as of Jun 15, 2026
Mar 15, 2022$120M then
HNW client RAUM$100M as of Mar 29, 2024
Mar 15, 2022$100M then
State-registered IARs (5.B.3)0 as of Jun 15, 2026
Mar 15, 20220 then
Employees (5.A)5 as of Jun 15, 2026
Mar 15, 20222 then
Private funds1 as of Jun 15, 2026
Mar 15, 20222 then
RAUM -31% over the last fiscal year+11% a year over threeIARs 0 to 0offices 1 to 0
Practice profile
derived from the filing of Jun 15, 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
- $78.0MderivedRAUM 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
- -33%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 assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- $11.0M, 1 clientsreportedItem 9.A
- 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$156M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 2reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $11.0M for 1 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
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
5 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Safer Equity Fund, LP | Hedge Fund | $80.0M | 99 | Jul 1, 2024 |
| Marco Polo Stewardship Fund, LPno longer reported | Hedge Fund | $80.0M | 10 | Mar 6, 2023 |
| Brandywine True Alpha, LPno longer reported | Hedge Fund | $34.0M | 10 | Mar 6, 2023 |
| Brandywine Protected 500 Fund, LPno longer reported | Hedge Fund | $3.0M | 10 | Jun 30, 2021 |
| Brandywine Protected 100 Fund, LPno longer reported | Hedge Fund | $2.0M | 1 | Mar 15, 2022 |
Owners and control persons
Schedule A and B, latest filing
- Paul Michael Dever · Chief Compliance Officer & Ceocontrolsince 09/1982 · owns 75% or more
- Bruce Robert Proctor · Principalcontrolsince 01/2021 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
- Thornton, PA2 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- custody status changedChange between filings · filing Jun 15, 2026custody of client assets (Item 9.A): no on the filing of 2026-03-26, yes on the filing of 2026-06-15peers: asset managers, $100M to $500M (1,567)
- RAUM down 25 %Change between filings · filing Mar 26, 2026RAUM (Item 5.F) moved from $225,000,000 to $150,000,000 (-33.0%) between the annual amendments of 2025-03-31 and 2026-03-26; the peer median change was +4.0% (1148 comparable advisers, 7.0th percentile of changes)peers: asset managers, $100M to $500M (1,148) · 7.4% percentile
What changed
consecutive filings, newest first
- Assets in custody · unset to 11000000.0Mar 26, 2026 to Jun 15, 2026
- Custody of client assets · false to trueMar 26, 2026 to Jun 15, 2026
- Discretionary RAUM · $150M to $156MMar 26, 2026 to Jun 15, 2026
- Pooled vehicle RAUM · $150M to $156MMar 26, 2026 to Jun 15, 2026
- RAUM · $150M to $156MMar 26, 2026 to Jun 15, 2026
- Employees · 4 to 5Jan 22, 2026 to Mar 26, 2026
- Other offices · 1 to 0Jan 22, 2026 to Mar 26, 2026
- Discretionary RAUM · $225M to $150MJan 22, 2026 to Mar 26, 2026
- Pooled vehicle RAUM · $225M to $150MJan 22, 2026 to Mar 26, 2026
- RAUM · $225M to $150MJan 22, 2026 to Mar 26, 2026
- Accounts · 15 to 2Oct 10, 2024 to Mar 31, 2025
- Advisory employees · 2 to 1Oct 10, 2024 to Mar 31, 2025
- Employees · 2 to 4Oct 10, 2024 to Mar 31, 2025
- Financial planning clients · unset to 0Oct 10, 2024 to Mar 31, 2025
- Discretionary RAUM · $140M to $225MOct 10, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $140M to $225MOct 10, 2024 to Mar 31, 2025
- RAUM · $140M to $225MOct 10, 2024 to Mar 31, 2025
- Advisory activities · 3 to 2Mar 29, 2024 to Jul 1, 2024
- HNW clients · 1.0 to unsetMar 29, 2024 to Jul 1, 2024
- Pooled vehicle clients · 1 to 2Mar 29, 2024 to Jul 1, 2024
- Private funds · unset to 1Mar 29, 2024 to Jul 1, 2024
- Discretionary RAUM · $63.0M to $140MMar 29, 2024 to Jul 1, 2024
- HNW RAUM · 100000000.0 to unsetMar 29, 2024 to Jul 1, 2024
- Non-discretionary RAUM · $100M to $0Mar 29, 2024 to Jul 1, 2024
- Pooled vehicle RAUM · $63.0M to $140MMar 29, 2024 to Jul 1, 2024
- RAUM · $163M to $140MMar 29, 2024 to Jul 1, 2024
- Accounts · 5 to 15Mar 6, 2023 to Mar 29, 2024
- HNW clients · unset to 1.0Mar 6, 2023 to Mar 29, 2024
- Pooled vehicle clients · 4 to 1Mar 6, 2023 to Mar 29, 2024
- Private funds · 4 to unsetMar 6, 2023 to Mar 29, 2024
- Discretionary RAUM · $15.0M to $63.0MMar 6, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $15.0M to $63.0MMar 6, 2023 to Mar 29, 2024
- RAUM · $115M to $163MMar 6, 2023 to Mar 29, 2024
- Private funds · 2 to 4Mar 15, 2022 to Mar 6, 2023
- Discretionary RAUM · $20.0M to $15.0MMar 15, 2022 to Mar 6, 2023
- Pooled vehicle RAUM · $20.0M to $15.0MMar 15, 2022 to Mar 6, 2023
- RAUM · $120M to $115MMar 15, 2022 to Mar 6, 2023
- Pooled vehicle clients · 1 to 4Oct 22, 2021 to Mar 15, 2022
- Private funds · 1 to 2Oct 22, 2021 to Mar 15, 2022
- Accounts · 1 to 5Jul 15, 2021 to Oct 22, 2021
Signals
1 dated events
- Brandywine Asset Management filed its initial SEC registration (Form ADV)Jun 30, 2021 · 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/brandywine-asset-management/aboutreportedpublic record, Form ADV, Sep 17, 2026
- Website
- Brandywine.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 610-361-1000reportedpublic record, Form ADV, Jun 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
- 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