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

Piper Sandler Advisors LLC

Former SEC-registered adviserMinneapolis, MinnesotaCRD 307823SEC 801-118415IAPD
Latest filing Oct 3, 2024
First filing on the tape Mar 11, 2020 · 9 filings
RAUM
$365M
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
10
7 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
2
$365M gross assets
History
9 filings and snapshots on the tape
RAUM$365M as of Mar 13, 2024
Mar 31, 2021$401M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 13, 2024
Mar 31, 20210 then
Employees (5.A)10 as of Mar 13, 2024
Mar 31, 202110 then
Private funds2 as of Mar 13, 2024
Mar 31, 20212 then
RAUM -3.7% over the last fiscal year-3.1% a year over threeIARs 0 to 0offices 1 to 2
Practice profile
derived from the filing of Oct 3, 2024; 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
$182MderivedRAUM 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
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
-3.7%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 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$365M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
2reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Mmcaps Funding Xviii, Ltd.Other Private Fund$224M15Mar 29, 2012
      Mmcaps Funding Xvii, Ltd.Other Private Fund$140M24Mar 29, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • Lynn Alyssa Ballis · Chief Compliance Officercontrol
        since 06/2023 · owns less than 5%
      • Frances May Dellapietra · Managing Director And Treasurercontrol
        since 06/2005 · owns less than 5%
      • Jay Jonathan Doyle · Senior Managing Principalcontrol
        since 06/2005 · owns less than 5%
      Entity owners
      • Piper Sandler Companies · Parent Company
        direct · owns 75% or more · public reporting company
      Related persons
      Schedule D 7.A
      Advisers that list Piper Sandler Advisors LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY6 employees
      • West Palm Beach, FL1 employees
      What changed
      consecutive filings, newest first
      • Advisory employees · 2 to 7
        Jun 1, 2023 to Mar 13, 2024
      • BD registered reps · 10 to 9
        Jun 1, 2023 to Mar 13, 2024
      • Employees · 11 to 10
        Jun 1, 2023 to Mar 13, 2024
      • Discretionary RAUM · $379M to $365M
        Jun 1, 2023 to Mar 13, 2024
      • Pooled vehicle RAUM · $379M to $365M
        Jun 1, 2023 to Mar 13, 2024
      • RAUM · $379M to $365M
        Jun 1, 2023 to Mar 13, 2024
      • BD registered reps · 11 to 10
        Mar 28, 2023 to Jun 1, 2023
      • Employees · 12 to 11
        Mar 28, 2023 to Jun 1, 2023
      • HQ city · NEW YORK to MINNEAPOLIS
        Mar 28, 2023 to Jun 1, 2023
      • HQ state · NY to MN
        Mar 28, 2023 to Jun 1, 2023
      • Other offices · 1 to 2
        Mar 28, 2023 to Jun 1, 2023
      • BD registered reps · 7 to 11
        Mar 30, 2022 to Mar 28, 2023
      • Employees · 7 to 12
        Mar 30, 2022 to Mar 28, 2023
      • Other offices · 0 to 1
        Mar 30, 2022 to Mar 28, 2023
      • Advisory activities · 2 to 1
        Apr 1, 2021 to Mar 30, 2022
      • BD registered reps · 10 to 7
        Apr 1, 2021 to Mar 30, 2022
      • Employees · 10 to 7
        Apr 1, 2021 to Mar 30, 2022
      • Discretionary RAUM · $401M to $379M
        Apr 1, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $401M to $379M
        Apr 1, 2021 to Mar 30, 2022
      • RAUM · $401M to $379M
        Apr 1, 2021 to Mar 30, 2022
      • Discretionary RAUM · $382M to $401M
        Apr 15, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $382M to $401M
        Apr 15, 2020 to Mar 31, 2021
      • RAUM · $382M to $401M
        Apr 15, 2020 to Mar 31, 2021
      • Succession · true to false
        Mar 11, 2020 to Apr 15, 2020
      Signals
      4 dated events
      • Lynn Alyssa Ballis (Chief Compliance Officer) appeared on Schedule A of Piper Sandler Advisors Llc
        Jun 1, 2023 · Control person joined · fact
      • Stephen Christopher Hooper (Managing Director, Secretary And Cco) no longer on Schedule A of Piper Sandler Advisors Llc (listed 2023-03-28, absent 2023-06-01)
        Jun 1, 2023 · Control person left · inference
      • Piper Sandler Advisors Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Mar 11, 2020 · Succession (Item 4) · fact
      • Piper Sandler Advisors Llc filed its initial SEC registration (Form ADV)
        Mar 11, 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