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.

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SEC-registered adviser

V•• W••••• A•••••••• L••

Independent wealth managerHunt Valley, MarylandCRD 313717SEC 801-121412websiteIAPD
Latest filing Sep 11, 2026
First filing on the tape May 6, 2021 · 10 filings
SEC status approved since May 6, 2021
RAUM
$678M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
92%
$626M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$136M
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$678M as of Mar 30, 2026
Mar 18, 2022$441M then
HNW client RAUM$514M as of Mar 30, 2026
Mar 18, 2022$123M then
State-registered IARs (5.B.3)5 as of Mar 30, 2026
Mar 18, 20225 then
Employees (5.A)6 as of Mar 30, 2026
Mar 18, 20226 then
Private funds: no history
RAUM +15% over the last fiscal year+17% a year over threeIARs 5 to 5offices 0 to 1
Practice profile
derived from the filing of Sep 11, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 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
RAUM per advisor
$136MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
122derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.2MderivedHNW RAUM over HNW clients
Average account
$444,565derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
7.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
2.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-1.8%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$514M76%
  • Individuals$113M17%
  • Pension and profit-sharing plans$51.2M7.6%
Individual clients
176reported
HNW clients
433reported
Pension plan clients
4reported
Charitable clients
n/areported
Accounts
1,524reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.92 fund_share=0.0 institutional_share=0.08 related_bd= related_bank= bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
F••• C••••• H•••Hunt Valley, MdJun 16, 202113 y3
C••••••••• J•••• B••••Certified Financial PlannerHunt Valley, MdJun 16, 202112 y1
R••••• F•••• M••••••Hunt Valley, MdJun 16, 202142 y1
A•••••••• F••• B•••••Hunt Valley, MdJun 18, 202138 y1
B•••• M•••••• T•••••Hunt Valley, MdJun 18, 202132 y1
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 headcount0 left over 36 months
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • H•••• F•••• C• · Manager And Chief Operating Officercontrol
      since 05/2021 · owns less than 5%
    • M••••••• R•••••• F•••• · President, Chief Compliance Officercontrol
      since 05/2021 · owns less than 5%
    • H•••• F•••• C• · Ownercontrol
      since 05/2021 · owns 75% or more of F•• C•••••• M••••••••• L••
    Entity owners
    • F•• C•••••• M••••••••• L•• · Owner
      direct · 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
    OfficeAdvisorsJoinedLeftTeams outForming
    Hunt Valley, Md · principal500
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    2 against comparable advisers; where to look, not conclusions
    • account count surgeChange between filings · filing Mar 30, 2026
      accounts (Item 5.F.2.f) moved from 624.0 to 1,524.0 (+144.0%) between the annual amendments of 2025-03-27 and 2026-03-30; the peer median change was +6.0% (1256 comparable advisers, 98.0th percentile of changes)
      peers: independent wealth managers, $500M to $1B (1,256) · 98% percentile
    • HNW share shiftChange between filings · filing Mar 30, 2026
      HNW share of RAUM moved from 59.0% to 76.0% between the annual amendments of 2025-03-27 and 2026-03-30
      peers: independent wealth managers, $500M to $1B (1,482)
    What changed
    consecutive filings, newest first
    • Financial planning clients · 0 to 0
      Mar 30, 2026 to Sep 11, 2026
    • Related adviser · false to unset
      Mar 30, 2026 to Sep 11, 2026
    • Related bank · false to unset
      Mar 30, 2026 to Sep 11, 2026
    • Related broker-dealer · false to unset
      Mar 30, 2026 to Sep 11, 2026
    • Related insurance company · false to unset
      Mar 30, 2026 to Sep 11, 2026
    • Succession · false to unset
      Mar 30, 2026 to Sep 11, 2026
    • Accounts · 624 to 1,524
      Mar 27, 2025 to Mar 30, 2026
    • HNW clients · 187 to 433
      Mar 27, 2025 to Mar 30, 2026
    • Individual clients · 433 to 176
      Mar 27, 2025 to Mar 30, 2026
    • Other offices · 0 to 1
      Mar 27, 2025 to Mar 30, 2026
    • Discretionary RAUM · $587M to $678M
      Mar 27, 2025 to Mar 30, 2026
    • HNW RAUM · $344M to $514M
      Mar 27, 2025 to Mar 30, 2026
    • Individual RAUM · $200M to $113M
      Mar 27, 2025 to Mar 30, 2026
    • Pension RAUM · $43.6M to $51.2M
      Mar 27, 2025 to Mar 30, 2026
    • RAUM · $587M to $678M
      Mar 27, 2025 to Mar 30, 2026
    • Accounts · 564 to 624
      Mar 15, 2024 to Mar 27, 2025
    • Advisory activities · 2 to 1
      Mar 15, 2024 to Mar 27, 2025
    • HNW clients · 66 to 187
      Mar 15, 2024 to Mar 27, 2025
    • Individual clients · 497 to 433
      Mar 15, 2024 to Mar 27, 2025
    • Pension plan clients · 1 to 4
      Mar 15, 2024 to Mar 27, 2025
    • Financial planning clients · 26-50 to 0
      Mar 15, 2024 to Mar 27, 2025
    • Discretionary RAUM · $498M to $587M
      Mar 15, 2024 to Mar 27, 2025
    • HNW RAUM · $159M to $344M
      Mar 15, 2024 to Mar 27, 2025
    • Individual RAUM · $338M to $200M
      Mar 15, 2024 to Mar 27, 2025
    • Pension RAUM · $1.1M to $43.6M
      Mar 15, 2024 to Mar 27, 2025
    • RAUM · $498M to $587M
      Mar 15, 2024 to Mar 27, 2025
    • Accounts · 524 to 564
      Mar 17, 2023 to Mar 15, 2024
    • HNW clients · 57 to 66
      Mar 17, 2023 to Mar 15, 2024
    • Individual clients · 466 to 497
      Mar 17, 2023 to Mar 15, 2024
    • Discretionary RAUM · $421M to $498M
      Mar 17, 2023 to Mar 15, 2024
    • HNW RAUM · $130M to $159M
      Mar 17, 2023 to Mar 15, 2024
    • Individual RAUM · $286M to $338M
      Mar 17, 2023 to Mar 15, 2024
    • Pension RAUM · $4.2M to $1.1M
      Mar 17, 2023 to Mar 15, 2024
    • RAUM · $421M to $498M
      Mar 17, 2023 to Mar 15, 2024
    • Accounts · 487 to 524
      Mar 18, 2022 to Mar 17, 2023
    • HNW clients · 53 to 57
      Mar 18, 2022 to Mar 17, 2023
    • Individual clients · 433 to 466
      Mar 18, 2022 to Mar 17, 2023
    • Discretionary RAUM · $441M to $421M
      Mar 18, 2022 to Mar 17, 2023
    • HNW RAUM · $123M to $130M
      Mar 18, 2022 to Mar 17, 2023
    • Individual RAUM · $314M to $286M
      Mar 18, 2022 to Mar 17, 2023
    Signals
    2 dated events
    • V•• W••••• A•••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
      May 6, 2021 · Succession (Item 4) · fact
    • V•• W••••• A•••••••• L•• filed its initial SEC registration (Form ADV)
      May 6, 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.
    How to reach
    public business contact points only, each with its source
    Firm profile
    linkedin.com/company/vsm-wealth-advisoryreportedpublic record, Form ADV, Sep 18, 2026
    Website
    v•••.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    410-825-8844reportedpublic record, Form ADV, Sep 11, 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
    $136Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026