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
Diversified Resources, LLC
Latest filing Mar 25, 2026
First filing on the tape Sep 14, 2016 · 24 filings
SEC status approved since Sep 21, 2016
RAUM
$269M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$263M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$269M
derived; firm RAUM over IAPD count
Employees
6
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$269M as of Mar 25, 2026
Mar 18, 2017$113M then
HNW client RAUM$157M as of Mar 25, 2026
Mar 28, 2018$58.4M then
State-registered IARs (5.B.3)1 as of Mar 25, 2026
Mar 18, 20171 then
Employees (5.A)6 as of Mar 25, 2026
Mar 18, 20174 then
Private funds: no history
RAUM +15% over the last fiscal year+15% a year over threeIARs 2 to 1
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
- Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $269MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 640derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.2MderivedHNW RAUM over HNW clients
- Average account
- $216,813derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 2.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 6.0derivedItem 5.A over advisors
- Advisors per office
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +15%derivedbetween the last two annual amendments
- Advisor growth, one year
- -50%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +2.2%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Financial planning clients
- 600reportedItem 5.H
- 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
- is a broker-dealer (6.A.1)
- is an insurance broker or agent (6.A.6)
- 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
- High-net-worth individuals$157M58%
- Individuals$106M39%
- Pension and profit-sharing plans$4.4M1.6%
- Charitable organizations$1.2M0.5%
- Corporations and businesses$263,7980.1%
- Individual clients
- 511reported
- HNW clients
- 129reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 1,240reported
- Financial planning clients
- 600reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.98 fund_share=0.0 institutional_share=0.02 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Karen Josephine BaconCertified Financial Planner | Warwick, Ri | Jun 30, 2004 | 24 y | 0 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 100% of current headcount1 left over 36 months
Left, latest
- John Cerilli to Charles Schwab & Co., Inc.Nov 11, 2025 · RIA to affiliated broker-dealer or bank
Joined, latest
- John Cerilli from LPL Financial LLCMar 21, 2024 · Affiliated broker-dealer or bank to independent RIA
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Karen Josephine Bacon · Managing Member ,Principal And Ccocontrolsince 01/2015 · 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
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Warwick, Ri · principal | 1 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,139 to 1,240Mar 11, 2025 to Mar 25, 2026
- Advisory employees · 2 to 1Mar 11, 2025 to Mar 25, 2026
- BD registered reps · 2 to 1Mar 11, 2025 to Mar 25, 2026
- HNW clients · 107 to 129Mar 11, 2025 to Mar 25, 2026
- Individual clients · 519 to 511Mar 11, 2025 to Mar 25, 2026
- Employees · 7 to 6Mar 11, 2025 to Mar 25, 2026
- State-registered IARs · 2 to 1Mar 11, 2025 to Mar 25, 2026
- Discretionary RAUM · $234M to $269MMar 11, 2025 to Mar 25, 2026
- HNW RAUM · $128M to $157MMar 11, 2025 to Mar 25, 2026
- Individual RAUM · $101M to $106MMar 11, 2025 to Mar 25, 2026
- Pension RAUM · $3.5M to $4.4MMar 11, 2025 to Mar 25, 2026
- RAUM · $234M to $269MMar 11, 2025 to Mar 25, 2026
- Accounts · 1,076 to 1,139Nov 4, 2024 to Mar 11, 2025
- Corporate clients · 0.0 to unsetNov 4, 2024 to Mar 11, 2025
- HNW clients · 101 to 107Nov 4, 2024 to Mar 11, 2025
- Individual clients · 483 to 519Nov 4, 2024 to Mar 11, 2025
- Employees · 6 to 7Nov 4, 2024 to Mar 11, 2025
- Financial planning clients · More than 500 to More than 500Nov 4, 2024 to Mar 11, 2025
- Discretionary RAUM · $209M to $234MNov 4, 2024 to Mar 11, 2025
- HNW RAUM · $113M to $128MNov 4, 2024 to Mar 11, 2025
- Individual RAUM · $92.5M to $101MNov 4, 2024 to Mar 11, 2025
- Pension RAUM · $2.9M to $3.5MNov 4, 2024 to Mar 11, 2025
- RAUM · $209M to $234MNov 4, 2024 to Mar 11, 2025
- Advisory employees · 1 to 2Mar 6, 2024 to Apr 22, 2024
- BD registered reps · 1 to 2Mar 6, 2024 to Apr 22, 2024
- Employees · 5 to 6Mar 6, 2024 to Apr 22, 2024
- State-registered IARs · 1 to 2Mar 6, 2024 to Apr 22, 2024
- Accounts · 1,040 to 1,076Mar 30, 2023 to Mar 6, 2024
- Advisory employees · 4 to 1Mar 30, 2023 to Mar 6, 2024
- Corporate clients · unset to 0.0Mar 30, 2023 to Mar 6, 2024
- HNW clients · 92 to 101Mar 30, 2023 to Mar 6, 2024
- Individual clients · 475 to 483Mar 30, 2023 to Mar 6, 2024
- Employees · 4 to 5Mar 30, 2023 to Mar 6, 2024
- Discretionary RAUM · $176M to $209MMar 30, 2023 to Mar 6, 2024
- HNW RAUM · $89.9M to $113MMar 30, 2023 to Mar 6, 2024
- Individual RAUM · $83.2M to $92.5MMar 30, 2023 to Mar 6, 2024
- Pension RAUM · $2.2M to $2.9MMar 30, 2023 to Mar 6, 2024
- RAUM · $176M to $209MMar 30, 2023 to Mar 6, 2024
- Accounts · 1,001 to 1,040Oct 4, 2022 to Mar 30, 2023
- Advisory employees · 5 to 4Oct 4, 2022 to Mar 30, 2023
Signals
2 dated events
- John Cerilli left Diversified Resources, Llc for Charles Schwab & Co., Inc. (registered 2026-06-06)Nov 11, 2025 · Advisor changed firm · fact
- Diversified Resources, Llc filed its initial SEC registration (Form ADV)Sep 14, 2016 · 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
- 401-941-1511reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 401-941-1500reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 800-968-9753reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- linkedin.com/company/diversified-resources-llc/aboutreportedpublic record, Form ADV, Sep 18, 2026
- Website
- divres.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- (401) 941-1500reportedpublic record, Form ADV, Mar 25, 2026
- Contact form
- divres.com/contact-usreportedpublished 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
- $269Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026