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 Finance Management, LLC

Former SEC-registered adviserMinneapolis, MinnesotaCRD 309345SEC 801-118908IAPD
Latest filing Mar 14, 2024
First filing on the tape May 13, 2020 · 9 filings
SEC status approved since Jun 12, 2020
RAUM
$290M
reported, Item 5.F
Discretionary
0.0%
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
19
6 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$290M as of Mar 14, 2024
Mar 31, 2021$0 then
HNW client RAUM$0 as of Mar 14, 2024
Mar 31, 2021$0 then
State-registered IARs (5.B.3)0 as of Mar 14, 2024
Mar 31, 20210 then
Employees (5.A)19 as of Mar 14, 2024
Mar 31, 20219 then
Private funds: no history
RAUM +0.0% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 14, 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
$145MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%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
+0.0%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 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$290M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
2reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
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
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Amrit Agrawal · Chief Investment Officercontrol
        since 05/2020 · owns less than 5%
      • Lynn Alyssa Ballis · Chief Compliance Officercontrol
        since 01/2024 · owns less than 5%
      • Douglas James Chiarelli · Chief Operating Officercontrol
        since 05/2020 · owns less than 5%
      • Patricia Katherine Clune · Chief Financial Officercontrol
        since 01/2024 · owns less than 5%
      • James Robert Lauria · Managing Directorcontrol
        since 05/2020 · owns less than 5%
      • Martell James Martin · Secretarycontrol
        since 05/2020 · owns less than 5%
      • Lans Leonard Sheer · Presidentcontrol
        since 05/2020 · owns less than 5%
      Entity owners
      • Piper Sandler Investment Group Inc. · Member
        direct · owns 75% or more
      • Piper Sandler Companies · Parent
        indirect · owns 75% or more of Piper Sandler Investment Group Inc. · public reporting company
      Related persons
      Schedule D 7.A
      Advisers that list Piper Sandler Finance Management, LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY5 employees
      • Chicago, IL1 employees
      What changed
      consecutive filings, newest first
      • Employees · 18 to 19
        Apr 24, 2023 to Mar 14, 2024
      • BD registered reps · 6 to 12
        Dec 19, 2022 to Mar 28, 2023
      • Employees · 10 to 18
        Dec 19, 2022 to Mar 28, 2023
      • Accounts · 0 to 2
        Mar 31, 2021 to Mar 31, 2022
      • Advisory employees · 9 to 6
        Mar 31, 2021 to Mar 31, 2022
      • BD registered reps · 7 to 6
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 0 to 2
        Mar 31, 2021 to Mar 31, 2022
      • Custody of client assets · true to false
        Mar 31, 2021 to Mar 31, 2022
      • Employees · 9 to 10
        Mar 31, 2021 to Mar 31, 2022
      • Non-discretionary RAUM · $0 to $290M
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $0 to $290M
        Mar 31, 2021 to Mar 31, 2022
      • RAUM · $0 to $290M
        Mar 31, 2021 to Mar 31, 2022
      • Advisory employees · 12 to 9
        Sep 10, 2020 to Mar 31, 2021
      • BD registered reps · 5 to 7
        Sep 10, 2020 to Mar 31, 2021
      • Charity clients · unset to 0.0
        Sep 10, 2020 to Mar 31, 2021
      • Corporate clients · unset to 0.0
        Sep 10, 2020 to Mar 31, 2021
      • HNW clients · unset to 0.0
        Sep 10, 2020 to Mar 31, 2021
      • Individual clients · unset to 0.0
        Sep 10, 2020 to Mar 31, 2021
      • Pension plan clients · unset to 0.0
        Sep 10, 2020 to Mar 31, 2021
      • Pooled vehicle clients · unset to 0.0
        Sep 10, 2020 to Mar 31, 2021
      • Employees · 12 to 9
        Sep 10, 2020 to Mar 31, 2021
      • HNW RAUM · unset to 0.0
        Sep 10, 2020 to Mar 31, 2021
      • Individual RAUM · unset to 0.0
        Sep 10, 2020 to Mar 31, 2021
      • Pension RAUM · unset to 0.0
        Sep 10, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · unset to 0.0
        Sep 10, 2020 to Mar 31, 2021
      • Business name · PIPER SANDLER FINANCE MANAGEMENT to PIPER SANDLER FINANCE MANAGEMENT, LLC
        May 13, 2020 to Aug 27, 2020
      Signals
      8 dated events
      • Piper Sandler Finance Management, Llc no longer on the SEC adviser roster (last listed 2025-01-02, RAUM $290.0M)
        Feb 3, 2025 · Left the SEC roster · derived
      • Lynn Alyssa Ballis (Chief Compliance Officer) appeared on Schedule A of Piper Sandler Finance Management, Llc
        Mar 14, 2024 · Control person joined · fact
      • Patricia Katherine Clune (Chief Financial Officer) appeared on Schedule A of Piper Sandler Finance Management, Llc
        Mar 14, 2024 · Control person joined · fact
      • Lee Timothy Carter (Cfo & Treasurer) no longer on Schedule A of Piper Sandler Finance Management, Llc (listed 2023-04-24, absent 2024-03-14)
        Mar 14, 2024 · Control person left · inference
      • Tere Bridget Larsen (Chief Compliance Officer) no longer on Schedule A of Piper Sandler Finance Management, Llc (listed 2023-04-24, absent 2024-03-14)
        Mar 14, 2024 · Control person left · inference
      • Anncharlotte Mccague (Chief Compliance Officer) no longer on Schedule A of Piper Sandler Finance Management, Llc (listed 2022-03-31, absent 2022-12-19)
        Dec 19, 2022 · Control person left · inference
      • Tere Bridget Larsen (Chief Compliance Officer) appeared on Schedule A of Piper Sandler Finance Management, Llc
        Dec 19, 2022 · Control person joined · fact
      • Piper Sandler Finance Management filed its initial SEC registration (Form ADV)
        May 13, 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