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
Ndvr
Legal name Ndvr, Inc.
Latest filing Apr 1, 2025
First filing on the tape Jan 8, 2021 · 15 filings
SEC status approved since Feb 8, 2021
RAUM
$204M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$202M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
14
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$204M as of Apr 1, 2025
Jan 24, 2022$109M then
HNW client RAUM$190M as of Apr 1, 2025
Jan 24, 2022$109M then
State-registered IARs (5.B.3)2 as of Apr 1, 2025
Jan 24, 20220 then
Employees (5.A)14 as of Apr 1, 2025
Jan 24, 202250 then
Private funds: no history
RAUM +16% over the last fiscal year+23% a year over threeIARs 3 to 2
Practice profile
derived from the filing of Apr 1, 2025; every figure names its basis
- RAUM per advisor
- $102MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 77derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.7MderivedHNW RAUM over HNW clients
- Average account
- $590,808derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 1.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 7.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +16%derivedbetween the last two annual amendments
- Advisor growth, one year
- -33%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -21%derived
- Compensation
- percentage of assets, fixed feesreportedItem 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- marketing includes testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$190M93%
- Individuals$12.1M5.9%
- Charitable organizations$2.0M1.0%
- Individual clients
- 42reported
- HNW clients
- 112reported
- Pension plan clients
- n/areported
- Charitable clients
- 1reported
- Accounts
- 345reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- 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
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 days4 left over 36 months
Left, latest
- Braden Farley Osten to Claro Advisors Inc.Mar 20, 2026 · RIA to RIA
- Jordan Meurrier Pedron to Claro Advisors Inc.Mar 20, 2026 · RIA to RIA
- Heath Edward Hampton to Origin Investment Advisory LLCOct 31, 2023 · RIA to RIA
- Joshua Eric Cole to Fisher InvestmentsOct 31, 2023 · RIA to RIA
- Eric Preston Scruggs to Hark Financial PlanningMar 14, 2023 · RIA to a state-registered adviser
Joined, latest
- Heath Edward Hampton from LPL Financial LLCJul 13, 2023 · Affiliated broker-dealer or bank to independent RIA
- Joshua Eric Cole from Fisher InvestmentsFeb 28, 2023 · RIA to RIA
- Jordan Meurrier Pedron from Personal Capital Advisors CorporationJan 17, 2023 · RIA to RIA
- Braden Farley Osten from Alliancebernstein L.P.Jan 11, 2022 · Other
- Eric Preston Scruggs from Shepherd Kaplan LLCFeb 8, 2021 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 left for Claro Advisors Inc.Mar 20, 2026 · Winchester, Ma
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Dawn Amber Baker · Chief Compliance Officer / General Counselcontrolsince 01/2024 · owns less than 5%
- Matthew Steven Burke · Trustee For The Simon Family Trustscontrolsince 12/2021 · owns less than 5%
- Kelly Michael Simon · Chief Executive Officer / President / Secretary Of The Boardcontrolsince 01/2019 · owns 10% to 25%
Entity owners
- Polaris Partners Viii, L.P. · Shareholder - Series A And B Preferred Stockdirect · owns 10% to 25%
- Polaris Partners Gp Viii, L.L.C. · General Partnerindirect · owns F of Polaris Partners Viii, L.P.
- The Simon Family Gkmmw Irrevocable Trust Of 2021 · Shareholder - Common Stockdirect · owns 10% to 25%
- The Simon Family Mmmw Irrevocable Trust Of 2021 · Shareholder - Common Stockdirect · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Kathleen, Ga | 0 | 0 | 0 | ||
| Land Olakes, Fl | 0 | 0 | 0 | ||
| Winchester, Ma | 0 | 0 | 2 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 196 to 345Aug 29, 2024 to Apr 1, 2025
- Advisory employees · 7 to 8Aug 29, 2024 to Apr 1, 2025
- Charity clients · unset to 1.0Aug 29, 2024 to Apr 1, 2025
- HNW clients · 136 to 112Aug 29, 2024 to Apr 1, 2025
- Individual clients · 60 to 42Aug 29, 2024 to Apr 1, 2025
- Assets in custody · $175M to $204MAug 29, 2024 to Apr 1, 2025
- Custody of client assets · true to falseAug 29, 2024 to Apr 1, 2025
- Employees · 27 to 14Aug 29, 2024 to Apr 1, 2025
- Financial planning clients · 101-250 to 101-250Aug 29, 2024 to Apr 1, 2025
- State-registered IARs · 3 to 2Aug 29, 2024 to Apr 1, 2025
- Discretionary RAUM · $175M to $204MAug 29, 2024 to Apr 1, 2025
- HNW RAUM · $161M to $190MAug 29, 2024 to Apr 1, 2025
- Individual RAUM · $14.4M to $12.1MAug 29, 2024 to Apr 1, 2025
- RAUM · $175M to $204MAug 29, 2024 to Apr 1, 2025
- Accounts · 115 to 196Jan 23, 2024 to Mar 27, 2024
- Advisory employees · 17 to 7Jan 23, 2024 to Mar 27, 2024
- HNW clients · 81 to 136Jan 23, 2024 to Mar 27, 2024
- Individual clients · 34 to 60Jan 23, 2024 to Mar 27, 2024
- Assets in custody · $124M to $175MJan 23, 2024 to Mar 27, 2024
- Custody of client assets · false to trueJan 23, 2024 to Mar 27, 2024
- Employees · 51 to 27Jan 23, 2024 to Mar 27, 2024
- Financial planning clients · 51-100 to 101-250Jan 23, 2024 to Mar 27, 2024
- State-registered IARs · 7 to 3Jan 23, 2024 to Mar 27, 2024
- Discretionary RAUM · $139M to $175MJan 23, 2024 to Mar 27, 2024
- HNW RAUM · $133M to $161MJan 23, 2024 to Mar 27, 2024
- Individual RAUM · $5.9M to $14.4MJan 23, 2024 to Mar 27, 2024
- RAUM · $139M to $175MJan 23, 2024 to Mar 27, 2024
- Accounts · 88 to 115Jun 27, 2023 to Jul 31, 2023
- HNW clients · 61 to 81Jun 27, 2023 to Jul 31, 2023
- Individual clients · 27 to 34Jun 27, 2023 to Jul 31, 2023
- Employees · 50 to 51Jun 27, 2023 to Jul 31, 2023
- State-registered IARs · 6 to 7Jun 27, 2023 to Jul 31, 2023
- Discretionary RAUM · $124M to $139MJun 27, 2023 to Jul 31, 2023
- HNW RAUM · $118M to $133MJun 27, 2023 to Jul 31, 2023
- Individual RAUM · $5.4M to $5.9MJun 27, 2023 to Jul 31, 2023
- RAUM · $124M to $139MJun 27, 2023 to Jul 31, 2023
- Accounts · 69 to 88Apr 4, 2023 to Jun 27, 2023
- HNW clients · 48 to 61Apr 4, 2023 to Jun 27, 2023
- Individual clients · 21 to 27Apr 4, 2023 to Jun 27, 2023
- Assets in custody · $107M to $124MApr 4, 2023 to Jun 27, 2023
Signals
17 dated events
- Ndvr no longer on the SEC adviser roster (last listed 2026-03-02, RAUM $203.8M)Apr 1, 2026 · Left the SEC roster · derived
- Braden Farley Osten left Ndvr for Claro Advisors Inc. (registered 2026-01-07)Mar 20, 2026 · Advisor changed firm · fact
- Jordan Meurrier Pedron left Ndvr for Claro Advisors Inc. (registered 2026-01-02)Mar 20, 2026 · Advisor changed firm · fact
- 2 advisors left Ndvr (Winchester, MA) for Claro Advisors Inc. on the same dayMar 20, 2026 · Team lift-out · derived
- Emil David Barrett (Director) no longer on Schedule A of Ndvr (listed 2024-03-27, absent 2024-08-29)Aug 29, 2024 · Control person left · inference
- Hoi-Yee Stephanie Lo (Chief Research Officer) no longer on Schedule A of Ndvr (listed 2024-03-27, absent 2024-08-29)Aug 29, 2024 · Control person left · inference
- Alexander Lauren Quint (Chief Financial Officer / Treasurer) no longer on Schedule A of Ndvr (listed 2024-01-23, absent 2024-03-27)Mar 27, 2024 · Control person left · inference
- Alexander Lauren Quint (Chief Financial Officer / Treasurer) appeared on Schedule A of NdvrJan 23, 2024 · Control person joined · fact
- Dawn Amber Baker (Chief Compliance Officer / General Counsel) appeared on Schedule A of NdvrJan 23, 2024 · Control person joined · fact
- Hoi-Yee Stephanie Lo (Chief Research Officer) appeared on Schedule A of NdvrJan 23, 2024 · Control person joined · fact
- (Nmn) Roni Israelov (President/Chief Investment Officer) no longer on Schedule A of Ndvr (listed 2023-08-16, absent 2024-01-23)Jan 23, 2024 · Control person left · inference
- Heath Edward Hampton left Ndvr for Origin Investment Advisory Llc (registered 2025-12-12)Oct 31, 2023 · Advisor changed firm · fact
- Joshua Eric Cole left Ndvr for Fisher Investments (registered 2023-12-12)Oct 31, 2023 · Advisor changed firm · fact
- Daniel Peter Stahl (General Counsel/Chief Compliance Officer/Chief Administrative Officer) no longer on Schedule A of Ndvr (listed 2023-07-31, absent 2023-08-16)Aug 16, 2023 · Control person left · inference
- Eric Preston Scruggs left Ndvr for Hark Financial Planning (registered 2023-03-30)Mar 14, 2023 · Advisor changed firm · fact
- Matthew Steven Burke (Trustee For The Simon Family Trusts) appeared on Schedule A of NdvrFeb 11, 2022 · Control person joined · fact
- Ndvr filed its initial SEC registration (Form ADV)Jan 8, 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.
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