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.
SEC-registered adviser
Cope Connelly
Legal name Xps Capital LLC
Latest filing Jul 23, 2026
First filing on the tape Mar 24, 2022 · 34 filings
SEC status approved since Apr 22, 2022
RAUM
$151M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
60%
$90.3M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$75.5M
derived; firm RAUM over IAPD count
Employees
6
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$151M as of Jul 23, 2026
Mar 31, 2023$141M then
HNW client RAUM$88.7M as of Jul 23, 2026
Mar 31, 2023$62.0M then
State-registered IARs (5.B.3)2 as of Jul 23, 2026
Mar 31, 20236 then
Employees (5.A)6 as of Jul 23, 2026
Mar 31, 20236 then
Private funds5 as of Jul 23, 2026
Sep 30, 20252 then
RAUM +91% over the last fiscal year+2.4% a year over threeIARs 3 to 2
Practice profile
derived from the filing of Jul 23, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
- RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $75.5MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 70derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.3MderivedHNW RAUM over HNW clients
- Average account
- $599,582derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +21%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -39%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, otherreportedItem 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
- High-net-worth individuals$88.7M59%
- Pooled investment vehicles$57.7M38%
- Corporations and businesses$3.1M2.0%
- Individuals$1.6M1.1%
- Individual clients
- 71reported
- HNW clients
- 68reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 252reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.6 fund_share=0.38 institutional_share=0.0 related_bd=false related_bank=true bd_reps=1.0 bank_owner=falsederived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Joseph Michael CopeCertified Financial Planner | Arlington, Va | Feb 24, 2021 | 22 y | 3 |
| Kevin Patrick CopeChartered Financial Analyst | Arlington, Va | Dec 10, 2024 | 34 y | 1 |
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 headcount5 left over 36 months
Left, latest
- Luis Alonso Corrales to Corrales & Co.Feb 12, 2025 · RIA to RIA
- Karla Fitzgerald to Corrales & Co.Jan 21, 2025 · RIA to RIA
- Hsuan Wang to Corrales & Co.Dec 3, 2024 · RIA to RIA
- Joseph Martin Landesman to Corrales & Co.Nov 7, 2024 · RIA to RIA
- Stephen Olaleye Adekeye to Sem Wealth ManagementAug 27, 2024 · RIA to RIA
- Kelly Nicole Oliver to LidoJan 20, 2023 · RIA to RIA
- Stephen Olaleye Adekeye to Theeli Wealth LLCApr 19, 2022 · Other
Joined, latest
- Kevin Patrick Cope from Hcm WealthDec 10, 2024 · RIA to RIA
- Joseph Martin Landesman from Ml Venture Group LLCJul 23, 2024 · Other
- Stephen Olaleye Adekeye from Theeli Wealth LLCFeb 2, 2023 · Other
- Hsuan Wang from Commonwealth Financial NetworkJul 14, 2022 · Affiliated broker-dealer or bank to independent RIA
- Joseph Michael Cope from Invst, LLCFeb 24, 2021 · RIA to RIA
- Luis Alonso Corrales from Invst, LLCDec 9, 2020 · RIA to RIA
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- M Joseph Cope · Managing Member & Chief Compliance Officercontrolsince 05/2019 · owns 50% to 75%
- Alonso Luis Corrales · Managing Partnercontrolsince 05/2019 · owns 50% to 75%
Related persons
Schedule D 7.A
- C4m Global Advisors LLCinvestment advisernRAUM $16.3M
- Cope Corrales LLCreal estaten
Advisers that list Cope Connelly as a related person
- 332189 n
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Arlington, Va · principal | 2 | 0 | 0 | ||
| Washington, Dc | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Miami Beach, FL1 employees
- , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- client count collapseChange between filings · filing Mar 31, 2026individual and HNW clients (Item 5.D) moved from 229.0 to 139.0 (-39.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +3.0% (3310 comparable advisers, 3.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,310) · 2.7% percentile
What changed
consecutive filings, newest first
- Advisory activities · 7 to 5May 18, 2026 to Jul 23, 2026
- Pooled vehicle clients · 3 to 5May 18, 2026 to Jul 23, 2026
- Private funds · 4 to 5May 18, 2026 to Jul 23, 2026
- Discretionary RAUM · $108M to $151MMay 18, 2026 to Jul 23, 2026
- HNW RAUM · $92.0M to $88.7MMay 18, 2026 to Jul 23, 2026
- Pooled vehicle RAUM · $11.0M to $57.7MMay 18, 2026 to Jul 23, 2026
- RAUM · $108M to $151MMay 18, 2026 to Jul 23, 2026
- Advisory employees · 3 to 2Mar 31, 2026 to May 18, 2026
- BD registered reps · 2 to 1Mar 31, 2026 to May 18, 2026
- State-registered IARs · 3 to 2Mar 31, 2026 to May 18, 2026
- Private funds · 2 to 4Mar 31, 2026 to May 18, 2026
- Discretionary RAUM · $95.3M to $108MMar 31, 2026 to May 18, 2026
- HNW RAUM · $79.7M to $92.0MMar 31, 2026 to May 18, 2026
- RAUM · $95.3M to $108MMar 31, 2026 to May 18, 2026
- Accounts · 247 to 252Sep 30, 2025 to Mar 31, 2026
- Corporate clients · 19 to 20Sep 30, 2025 to Mar 31, 2026
- HNW clients · 67 to 68Sep 30, 2025 to Mar 31, 2026
- Individual clients · 70 to 71Sep 30, 2025 to Mar 31, 2026
- Pooled vehicle clients · 2 to 3Sep 30, 2025 to Mar 31, 2026
- Discretionary RAUM · $248M to $95.3MSep 30, 2025 to Mar 31, 2026
- HNW RAUM · $215M to $79.7MSep 30, 2025 to Mar 31, 2026
- Individual RAUM · $9.4M to $1.6MSep 30, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $5.0M to $11.0MSep 30, 2025 to Mar 31, 2026
- RAUM · $248M to $95.3MSep 30, 2025 to Mar 31, 2026
- Accounts · 230 to 247Jul 1, 2025 to Sep 30, 2025
- Charity clients · 1 to 0Jul 1, 2025 to Sep 30, 2025
- Corporate clients · 0 to 19Jul 1, 2025 to Sep 30, 2025
- HNW clients · 59 to 67Jul 1, 2025 to Sep 30, 2025
- Individual clients · 170 to 70Jul 1, 2025 to Sep 30, 2025
- Pooled vehicle clients · 0 to 2Jul 1, 2025 to Sep 30, 2025
- Private funds · unset to 2Jul 1, 2025 to Sep 30, 2025
- Discretionary RAUM · $79.1M to $248MJul 1, 2025 to Sep 30, 2025
- HNW RAUM · $65.1M to $215MJul 1, 2025 to Sep 30, 2025
- Individual RAUM · $14.0M to $9.4MJul 1, 2025 to Sep 30, 2025
- Pooled vehicle RAUM · $0 to $5.0MJul 1, 2025 to Sep 30, 2025
- RAUM · $79.1M to $248MJul 1, 2025 to Sep 30, 2025
- Related bank · false to trueJul 1, 2025 to Sep 30, 2025
- Financial planning clients · 26-50 to 26-50Mar 31, 2025 to Jul 1, 2025
- Accounts · 733 to 230Feb 19, 2025 to Mar 31, 2025
- Advisory employees · 2 to 3Feb 19, 2025 to Mar 31, 2025
Signals
11 dated events
- Cope Connelly reported RAUM $95.3M, down 62% from $247.6M (2025-09-30 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- Cope Connelly reported RAUM $247.6M, up 213% from $79.1M (2025-07-01 to 2025-09-30)Sep 30, 2025 · RAUM change · derived
- Cope Connelly reported RAUM $79.1M, down 68% from $244.9M (2025-02-19 to 2025-03-31)Mar 31, 2025 · RAUM change · derived
- Luis Alonso Corrales left Cope Connelly for Corrales & Co. (registered 2025-01-23)Feb 12, 2025 · Advisor changed firm · fact
- Karla Fitzgerald left Cope Connelly for Corrales & Co. (registered 2025-11-06)Jan 21, 2025 · Advisor changed firm · fact
- Hsuan Wang left Cope Connelly for Corrales & Co. (registered 2025-01-06)Dec 3, 2024 · Advisor changed firm · fact
- Joseph Martin Landesman left Cope Connelly for Corrales & Co. (registered 2025-01-21)Nov 7, 2024 · Advisor changed firm · fact
- Stephen Olaleye Adekeye left Cope Connelly for Sem Wealth Management (registered 2024-08-05)Aug 27, 2024 · Advisor changed firm · fact
- Kelly Nicole Oliver left Cope Connelly for Lido (registered 2024-05-29)Jan 20, 2023 · Advisor changed firm · fact
- Stephen Olaleye Adekeye left Cope Connelly for Theeli Wealth Llc (registered 2022-04-26)Apr 19, 2022 · Advisor changed firm · fact
- Cope Corrales filed its initial SEC registration (Form ADV)Mar 24, 2022 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Cope Connelly · Independent Sponsorsshared crd · capital_provider
- Cope Connelly · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Business phone
- 888-336-8402reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- linkedin.com/company/cope-corralesreportedpublic record, Form ADV, Sep 17, 2026
- Website
- copeconnelly.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (888) 336-8402reportedpublic record, Form ADV, Jul 23, 2026
- Contact form
- copeconnelly.com/contactreportedpublished by the firm, firm site, Sep 17, 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
- $75.5Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026