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
103 Advisory Group
Legal name 103 Advisory Group LLC
Latest filing Jan 27, 2026
First filing on the tape Mar 10, 2022 · 11 filings
SEC status approved since Apr 8, 2022
RAUM
$257M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$257M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$129M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
11 filings and snapshots on the tape
RAUM$257M as of Jan 27, 2026
Jan 31, 2023$144M then
HNW client RAUM$233M as of Jan 27, 2026
Jan 31, 2023$135M then
State-registered IARs (5.B.3)3 as of Jan 27, 2026
Jan 31, 20233 then
Employees (5.A)3 as of Jan 27, 2026
Jan 31, 20233 then
Private funds: no history
RAUM +14% over the last fiscal year+21% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Jan 27, 2026; every figure names its basis
Archetypes, each a printed rule
- 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $129MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 45derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $5.8MderivedHNW RAUM over HNW clients
- Average account
- $2.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +14%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +20%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, selection of other advisers, 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$233M91%
- Individuals$23.9M9.3%
- Individual clients
- 49reported
- HNW clients
- 40reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 89reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Richard Jason MiltonChartered Financial Analyst | Chicago, Il | Jun 4, 2021 | 25 y | 3 |
| John Andrew MariscalcoCertified Financial Planner, Chartered Financial Analyst | Chicago, Il | Sep 2, 2021 | 18 y | 3 |
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
Left, latest
none on the tape
Joined, latest
- John Andrew Mariscalco from Strategic Wealth PartnersSep 2, 2021 · RIA to RIA
- Richard Jason Milton from Mainstreet AdvisorsJun 4, 2021 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Jason Richard Milton · Managing Member And Chief Compliance Officercontrolsince 04/2021 · 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 |
|---|---|---|---|---|---|
| Chicago, Il · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 74 to 89Nov 20, 2025 to Jan 27, 2026
- HNW clients · 37 to 40Nov 20, 2025 to Jan 27, 2026
- Individual clients · 37 to 49Nov 20, 2025 to Jan 27, 2026
- Discretionary RAUM · $225M to $257MNov 20, 2025 to Jan 27, 2026
- HNW RAUM · $209M to $233MNov 20, 2025 to Jan 27, 2026
- Individual RAUM · $16.1M to $23.9MNov 20, 2025 to Jan 27, 2026
- RAUM · $225M to $257MNov 20, 2025 to Jan 27, 2026
- Accounts · 58 to 74Nov 26, 2024 to Feb 14, 2025
- HNW clients · 20 to 37Nov 26, 2024 to Feb 14, 2025
- Individual clients · 38 to 37Nov 26, 2024 to Feb 14, 2025
- Financial planning clients · 11-25 to 26-50Nov 26, 2024 to Feb 14, 2025
- Discretionary RAUM · $189M to $225MNov 26, 2024 to Feb 14, 2025
- HNW RAUM · $172M to $209MNov 26, 2024 to Feb 14, 2025
- Individual RAUM · $17.1M to $16.1MNov 26, 2024 to Feb 14, 2025
- RAUM · $189M to $225MNov 26, 2024 to Feb 14, 2025
- Advisory activities · 3 to 4Jan 31, 2024 to Jul 9, 2024
- Accounts · 52 to 58Dec 4, 2023 to Jan 31, 2024
- Advisory employees · 2 to 3Dec 4, 2023 to Jan 31, 2024
- HNW clients · 40 to 20Dec 4, 2023 to Jan 31, 2024
- Individual clients · 12 to 38Dec 4, 2023 to Jan 31, 2024
- Discretionary RAUM · $144M to $189MDec 4, 2023 to Jan 31, 2024
- HNW RAUM · $135M to $172MDec 4, 2023 to Jan 31, 2024
- Individual RAUM · $8.4M to $17.1MDec 4, 2023 to Jan 31, 2024
- RAUM · $144M to $189MDec 4, 2023 to Jan 31, 2024
- Accounts · 38 to 52Apr 13, 2022 to Jan 31, 2023
- HNW clients · 23 to 40Apr 13, 2022 to Jan 31, 2023
- Individual clients · 15 to 12Apr 13, 2022 to Jan 31, 2023
- Employees · 2 to 3Apr 13, 2022 to Jan 31, 2023
- Financial planning clients · 0 to 11-25Apr 13, 2022 to Jan 31, 2023
- State-registered IARs · 2 to 3Apr 13, 2022 to Jan 31, 2023
- Discretionary RAUM · $132M to $144MApr 13, 2022 to Jan 31, 2023
- HNW RAUM · $125M to $135MApr 13, 2022 to Jan 31, 2023
- Individual RAUM · $7.2M to $8.4MApr 13, 2022 to Jan 31, 2023
- RAUM · $132M to $144MApr 13, 2022 to Jan 31, 2023
- Financial planning clients · unset to 0Mar 10, 2022 to Apr 13, 2022
Signals
1 dated events
- 103 Advisory Group filed its initial SEC registration (Form ADV)Mar 10, 2022 · 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
- 312-543-8759reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/79894099/admin/dashboardreportedpublic record, Form ADV, Sep 17, 2026
- Website
- 103advisory.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 312-543-8759reportedpublic record, Form ADV, Jan 27, 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
- $129Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026