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
Richard Cerminara Investor Services, LLC
Latest filing Sep 10, 2021
First filing on the tape Oct 22, 2020 · 9 filings
RAUM
$25.1M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$25.1M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$25.1M as of Sep 10, 2021
Oct 22, 2020$0 then
HNW client RAUM$8.9M as of Sep 10, 2021
Feb 11, 2021$8.9M then
State-registered IARs (5.B.3)1 as of Sep 10, 2021
Oct 22, 20201 then
Employees (5.A)1 as of Sep 10, 2021
Oct 22, 20201 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Sep 10, 2021; every figure names its basis
- RAUM per advisor
- $25.1MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 74derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.3MderivedHNW RAUM over HNW clients
- Average account
- $339,210derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- unknownderivedbetween 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 individuals, selection of other advisersreportedItem 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$16.2M64%
- High-net-worth individuals$8.9M36%
- Individual clients
- 67reported
- HNW clients
- 7reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 74reported
- 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
- Richard Cerminara to Silver Grove Advisory ServicesDec 10, 2021 · RIA to RIA
Joined, latest
- Richard Cerminara from Gwn Securities Inc.Feb 14, 2021 · Affiliated broker-dealer or bank to independent RIA
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Richard Cerminara · President & Chief Compliance Officercontrolsince 09/2020 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Business name · RICHARD CERMINARA INVESTOR SERVICES to RICHARD CERMINARA INVESTOR SERVICES, LLCAug 19, 2021 to Sep 10, 2021
- Legal name · RICHARD CERMINARA INVESTOR SERVICES to RICHARD CERMINARA INVESTOR SERVICES, LLCAug 19, 2021 to Sep 10, 2021
- Organization form · Corporation to Limited Liability CompanyFeb 11, 2021 to Aug 19, 2021
- Wrap assets (manager) · 25101567.0 to unsetFeb 11, 2021 to Aug 19, 2021
- Wrap assets (sponsor) · 0.0 to unsetFeb 11, 2021 to Aug 19, 2021
- Pension RAUM · unset to 0.0Jan 7, 2021 to Feb 11, 2021
- Pooled vehicle RAUM · unset to 0.0Jan 7, 2021 to Feb 11, 2021
- RAUM · $0 to $25.1MJan 7, 2021 to Feb 11, 2021
- Wrap assets (manager) · $1 to $25.1MJan 7, 2021 to Feb 11, 2021
- Accounts · 0 to 74Jan 7, 2021 to Feb 11, 2021
- Charity clients · unset to 0.0Jan 7, 2021 to Feb 11, 2021
- Corporate clients · unset to 0.0Jan 7, 2021 to Feb 11, 2021
- HNW clients · unset to 7.0Jan 7, 2021 to Feb 11, 2021
- Individual clients · unset to 67.0Jan 7, 2021 to Feb 11, 2021
- Pension plan clients · unset to 0.0Jan 7, 2021 to Feb 11, 2021
- Pooled vehicle clients · unset to 0.0Jan 7, 2021 to Feb 11, 2021
- Discretionary RAUM · $0 to $25.1MJan 7, 2021 to Feb 11, 2021
- HNW RAUM · unset to 8914275.0Jan 7, 2021 to Feb 11, 2021
- Individual RAUM · unset to 16187292.0Jan 7, 2021 to Feb 11, 2021
- Advisory activities · 1 to 2Nov 12, 2020 to Nov 16, 2020
- Wrap assets (sponsor) · $1 to $0Nov 12, 2020 to Nov 16, 2020
- Wrap assets (manager) · unset to 1.0Oct 22, 2020 to Nov 12, 2020
- Wrap assets (sponsor) · unset to 1.0Oct 22, 2020 to Nov 12, 2020
Signals
1 dated events
- Richard Cerminara Investor Services filed its initial SEC registration (Form ADV)Oct 22, 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