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.

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SEC-registered adviser

M•••••• W••••• M••••••••• I•••

Independent wealth managerWhite Plains, New YorkCRD 309185SEC 801-118821websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Apr 29, 2020 · 19 filings
SEC status approved since May 29, 2020
RAUM
$137M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$137M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$68.6M
derived; firm RAUM over IAPD count
Employees
4
1 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$137M as of Mar 31, 2026
Mar 26, 2021$90.5M then
HNW client RAUM$61.8M as of Mar 31, 2026
Mar 26, 2021$40.5M then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 26, 20211 then
Employees (5.A)4 as of Mar 31, 2026
Mar 26, 20213 then
Private funds: no history
RAUM -99% over the last fiscal year+24% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
$68.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
207derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$331,215derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
0.4derived5 offices incl. principal (1.F.5)
RAUM growth, one year
-99%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
+7.8%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 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
  • Individuals$75.3M55%
  • High-net-worth individuals$61.8M45%
Individual clients
383reported
HNW clients
31reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
414reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
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
NameBranchHere sinceIn industryPrior firms
P••• A• D••••••••White Plains, NyJun 1, 202043 y2
J•••• D•• S•••••White Plains, NyMar 3, 202612 y0
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 headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • D••••••••• P•••• A• · Chief Compliance Officercontrol
      since 01/2020 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    White Plains, Ny · principal210
    Offices
    Schedule D 1.F, the 25 largest
    • Cincinnati, OH
    • Schenectady, NY
    • ,
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • RAUM down 50 %Change between filings · filing Mar 31, 2026
      RAUM (Item 5.F) moved from $11,448,363,333 to $137,123,027 (-99.0%) between the annual amendments of 2025-04-09 and 2026-03-31; the peer median change was +15.0% (4550 comparable advisers, 0.0th percentile of changes)
      peers: independent wealth managers, $100M to $500M (4,550) · 0.0% percentile
    Data quality: RAUM $83,790,796 then $11,448,363,333 then $137,123,027 on consecutive annual amendments (2025-04-09, 2026-03-31); the middle value is likely a filing error
    What changed
    consecutive filings, newest first
    • Accounts · 390 to 414
      Oct 1, 2025 to Mar 31, 2026
    • HNW clients · 66 to 31
      Oct 1, 2025 to Mar 31, 2026
    • Individual clients · 324 to 383
      Oct 1, 2025 to Mar 31, 2026
    • Insurance-licensed employees · 0 to 1
      Oct 1, 2025 to Mar 31, 2026
    • Discretionary RAUM · $124M to $137M
      Oct 1, 2025 to Mar 31, 2026
    • HNW RAUM · $61.0M to $61.8M
      Oct 1, 2025 to Mar 31, 2026
    • Individual RAUM · $62.6M to $75.3M
      Oct 1, 2025 to Mar 31, 2026
    • RAUM · $124M to $137M
      Oct 1, 2025 to Mar 31, 2026
    • Accounts · 384 to 390
      Aug 18, 2025 to Oct 1, 2025
    • HNW clients · 25 to 66
      Aug 18, 2025 to Oct 1, 2025
    • Individual clients · 359 to 324
      Aug 18, 2025 to Oct 1, 2025
    • Discretionary RAUM · $11B to $124M
      Aug 18, 2025 to Oct 1, 2025
    • HNW RAUM · $4.8B to $61.0M
      Aug 18, 2025 to Oct 1, 2025
    • Individual RAUM · $6.6B to $62.6M
      Aug 18, 2025 to Oct 1, 2025
    • RAUM · $11B to $124M
      Aug 18, 2025 to Oct 1, 2025
    • Financial planning clients · 11-25 to 11-25
      Apr 9, 2025 to Jul 2, 2025
    • Accounts · 350 to 384
      Mar 27, 2024 to Jan 28, 2025
    • HNW clients · 15 to 25
      Mar 27, 2024 to Jan 28, 2025
    • Individual clients · 335 to 359
      Mar 27, 2024 to Jan 28, 2025
    • Employees · 3 to 4
      Mar 27, 2024 to Jan 28, 2025
    • Discretionary RAUM · $83.8M to $11B
      Mar 27, 2024 to Jan 28, 2025
    • HNW RAUM · $27.8M to $4.8B
      Mar 27, 2024 to Jan 28, 2025
    • Individual RAUM · $56.0M to $6.6B
      Mar 27, 2024 to Jan 28, 2025
    • RAUM · $83.8M to $11B
      Mar 27, 2024 to Jan 28, 2025
    • Accounts · 371 to 350
      Oct 5, 2023 to Mar 27, 2024
    • HNW clients · 204 to 15
      Oct 5, 2023 to Mar 27, 2024
    • Individual clients · 32 to 335
      Oct 5, 2023 to Mar 27, 2024
    • State-registered IARs · 1 to 0
      Oct 5, 2023 to Mar 27, 2024
    • Discretionary RAUM · $71.7M to $83.8M
      Oct 5, 2023 to Mar 27, 2024
    • HNW RAUM · $39.5M to $27.8M
      Oct 5, 2023 to Mar 27, 2024
    • Individual RAUM · $32.2M to $56.0M
      Oct 5, 2023 to Mar 27, 2024
    • RAUM · $71.7M to $83.8M
      Oct 5, 2023 to Mar 27, 2024
    • Accounts · 311 to 371
      Jun 7, 2022 to Mar 22, 2023
    • HNW clients · 48 to 204
      Jun 7, 2022 to Mar 22, 2023
    • Individual clients · 169 to 32
      Jun 7, 2022 to Mar 22, 2023
    • Financial planning clients · 0 to 11-25
      Jun 7, 2022 to Mar 22, 2023
    • Discretionary RAUM · $92.5M to $71.7M
      Jun 7, 2022 to Mar 22, 2023
    • HNW RAUM · $50.8M to $39.5M
      Jun 7, 2022 to Mar 22, 2023
    • Individual RAUM · $41.7M to $32.2M
      Jun 7, 2022 to Mar 22, 2023
    • RAUM · $92.5M to $71.7M
      Jun 7, 2022 to Mar 22, 2023
    Signals
    3 dated events
    • M•••••• W••••• M••••••••• I••• reported RAUM $123.6M, down 99% from $11.4B (2025-08-18 to 2025-10-01)
      Oct 1, 2025 · RAUM change · derived
    • M•••••• W••••• M••••••••• I••• reported RAUM $11.4B, up 13563% from $83.8M (2024-03-27 to 2025-01-28)
      Jan 28, 2025 · RAUM change · derived
    • M•••••• W••••• M••••••••• I••• filed its initial SEC registration (Form ADV)
      Apr 29, 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
    Business phone
    833-464-5247reportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    914-437-8066reportedpublished by the firm, firm site, Sep 16, 2026
    Website
    milagrewealth.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    914-437-8066reportedpublic record, Form ADV, Mar 31, 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
    $68.6Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026