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
Vertex Partners
Legal name Vertex Planning Partners, LLC
Latest filing Mar 30, 2026
First filing on the tape Dec 3, 2021 · 15 filings
SEC status approved since Jan 3, 2022
RAUM
$1.0B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$1.0B individuals and HNW
Advisors
13
registered through the firm on IAPD
RAUM per advisor
$77.8M
derived; firm RAUM over IAPD count
Employees
20
13 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$1.0B as of Mar 30, 2026
Mar 22, 2023$481M then
HNW client RAUM$771M as of Mar 30, 2026
Mar 22, 2023$340M then
State-registered IARs (5.B.3)13 as of Mar 30, 2026
Mar 22, 202310 then
Employees (5.A)20 as of Mar 30, 2026
Mar 22, 202314 then
Private funds: no history
RAUM +22% over the last fiscal year+28% a year over threeIARs 13 to 13
Practice profile
derived from the filing of Mar 30, 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
- 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)
- Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
- RAUM per advisor
- $77.8MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 64derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.7MderivedHNW RAUM over HNW clients
- Average account
- $392,225derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 6.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +22%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +2.7%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, selection of other advisersreportedItem 5.G
- Financial planning clients
- 550reportedItem 5.H
- Wrap fee program
- $853MreportedItem 5.I
- Custody
- $419M, 512 clientsreportedItem 9.A
- 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$771M76%
- Individuals$236M23%
- Pension and profit-sharing plans$3.6M0.4%
- Corporations and businesses$1.1M0.1%
- Charitable organizations$260.0%
- Individual clients
- 552reported
- HNW clients
- 284reported
- Pension plan clients
- 4reported
- Charitable clients
- 1reported
- Accounts
- 2,580reported
- Financial planning clients
- 550reported
- Wrap fee programs
- $0 sponsored, $668,305 managedreported
- Custody of client assets
- $419M for 512 clientsreported
- 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=9.0derived
Advisors registered through the firm
13 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Gregory Paul BennerCertified Financial Planner, Chartered Financial Consultant | Downers Grove, Il | Mar 21, 2022 | 23 y | 7 |
| Michael David BellisCertified Financial Planner | Downers Grove, Il | Mar 31, 2022 | 33 y | 4 |
| Christopher Charles Huston | Downers Grove, Il | Mar 31, 2022 | 20 y | 2 |
| Tammy Talya BilladeauCertified Financial Planner | Downers Grove, Il | Mar 31, 2022 | 17 y | 6 |
| Justin John DagostinoCertified Financial Planner | Downers Grove, Il | Mar 31, 2022 | 10 y | 7 |
| Cynthia J MittlestaedtCertified Financial Planner | Downers Grove, Il | Mar 31, 2022 | 10 y | 2 |
| Julie Ann HuppCertified Financial Planner | Downers Grove, Il | May 13, 2022 | 24 y | 4 |
| Edward Kyle Smith | Downers Grove, Il | May 15, 2022 | 11 y | 0 |
| Steven Paul FranzenPersonal Financial Specialist | Downers Grove, Il | Jun 1, 2022 | 28 y | 4 |
| Peter Matthew BabillaCertified Financial Planner | Downers Grove, Il | Dec 16, 2022 | 41 y | 3 |
| Scott Andrew SandeeCertified Financial Planner | Downers Grove, Il | Jan 18, 2023 | 23 y | 5 |
| Megan Nicole Micek | Downers Grove, Il | Sep 3, 2024 | 12 y | 0 |
| Igor Yukhvidin | Downers Grove, Il | Oct 3, 2025 | 11 y | 0 |
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
- Scott Andrew Sandee from Oxford Financial Group, LtdJan 18, 2023 · RIA to RIA
- Peter Matthew Babilla from Morgan StanleyDec 16, 2022 · Wirehouse to independent RIA
- Steven Paul Franzen from Highpoint Planning PartnersJun 1, 2022 · RIA to RIA
- Julie Ann Hupp from Highpoint Planning PartnersMay 13, 2022 · RIA to RIA
- Michael David Bellis from Highpoint Planning PartnersMar 31, 2022 · RIA to a newly registered adviser
- Christopher Charles Huston from Highpoint Planning PartnersMar 31, 2022 · RIA to a newly registered adviser
- Tammy Talya Billadeau from Highpoint Planning PartnersMar 31, 2022 · RIA to a newly registered adviser
- Justin John Dagostino from Highpoint Planning PartnersMar 31, 2022 · RIA to a newly registered adviser
- Cynthia J Mittlestaedt from Highpoint Planning PartnersMar 31, 2022 · RIA to a newly registered adviser
- Gregory Paul Benner from Highpoint Planning PartnersMar 21, 2022 · RIA to a newly registered adviser
Teams: two or more advisors moving together within fourteen days, from one state
- 8 joined from Highpoint Planning PartnersApr 29, 2022 · Downers Grove, Il
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- David Michael Bellis · Managing Membercontrolsince 09/2021 · owns 25% to 50%
- Paul Gregory Benner · Chief Compliance Officer / Managing Membercontrolsince 09/2021 · owns 25% to 50%
- Paul Steven Franzen · Managing Membercontrolsince 09/2021 · owns 5% to 10%
- Charles Christopher Huston · Membersince 03/2022 · owns 5% to 10%
- Andrew Scott Sandee · Membersince 01/2023 · owns less than 5%
Related persons
Schedule D 7.A
- Vertex Accounting Partners, LLCinsurancen
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Downers Grove, Il · principal | 13 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Grayslake, IL2 employees
What changed
consecutive filings, newest first
- Accounts · 2,374 to 2,580Mar 26, 2025 to Mar 30, 2026
- HNW clients · 269 to 284Mar 26, 2025 to Mar 30, 2026
- Individual clients · 545 to 552Mar 26, 2025 to Mar 30, 2026
- Pension plan clients · 2 to 4Mar 26, 2025 to Mar 30, 2026
- Assets in custody · $9.8M to $419MMar 26, 2025 to Mar 30, 2026
- Discretionary RAUM · $826M to $1.0BMar 26, 2025 to Mar 30, 2026
- HNW RAUM · $628M to $771MMar 26, 2025 to Mar 30, 2026
- Individual RAUM · $195M to $236MMar 26, 2025 to Mar 30, 2026
- Non-discretionary RAUM · $1.9M to $2.5MMar 26, 2025 to Mar 30, 2026
- Pension RAUM · $2.8M to $3.6MMar 26, 2025 to Mar 30, 2026
- RAUM · $828M to $1.0BMar 26, 2025 to Mar 30, 2026
- Wrap assets (manager) · $0 to $668,305Mar 26, 2025 to Mar 30, 2026
- BD registered reps · 10 to 9Feb 26, 2025 to Mar 26, 2025
- Financial planning clients · More than 500 to More than 500Feb 26, 2025 to Mar 26, 2025
- Accounts · 2,295 to 2,374Oct 28, 2024 to Feb 26, 2025
- BD registered reps · 11 to 10Oct 28, 2024 to Feb 26, 2025
- Corporate clients · 1 to 2Oct 28, 2024 to Feb 26, 2025
- HNW clients · 253 to 269Oct 28, 2024 to Feb 26, 2025
- Individual clients · 539 to 545Oct 28, 2024 to Feb 26, 2025
- Assets in custody · $7.4M to $9.8MOct 28, 2024 to Feb 26, 2025
- Discretionary RAUM · $795M to $826MOct 28, 2024 to Feb 26, 2025
- HNW RAUM · $591M to $628MOct 28, 2024 to Feb 26, 2025
- Individual RAUM · $202M to $195MOct 28, 2024 to Feb 26, 2025
- Non-discretionary RAUM · $2.2M to $1.9MOct 28, 2024 to Feb 26, 2025
- Pension RAUM · $2.8M to $2.8MOct 28, 2024 to Feb 26, 2025
- RAUM · $797M to $828MOct 28, 2024 to Feb 26, 2025
- Wrap assets (manager) · $684M to $0Oct 28, 2024 to Feb 26, 2025
- Accounts · 2,169 to 2,295Mar 28, 2024 to Oct 28, 2024
- Advisory employees · 14 to 13Mar 28, 2024 to Oct 28, 2024
- BD registered reps · 9 to 11Mar 28, 2024 to Oct 28, 2024
- HNW clients · 249 to 253Mar 28, 2024 to Oct 28, 2024
- Individual clients · 519 to 539Mar 28, 2024 to Oct 28, 2024
- Pension plan clients · 4 to 2Mar 28, 2024 to Oct 28, 2024
- Pooled vehicle clients · unset to 0.0Mar 28, 2024 to Oct 28, 2024
- Employees · 14 to 20Mar 28, 2024 to Oct 28, 2024
- State-registered IARs · 10 to 13Mar 28, 2024 to Oct 28, 2024
- Discretionary RAUM · $670M to $795MMar 28, 2024 to Oct 28, 2024
- HNW RAUM · $504M to $591MMar 28, 2024 to Oct 28, 2024
- Individual RAUM · $163M to $202MMar 28, 2024 to Oct 28, 2024
- Non-discretionary RAUM · $1.2M to $2.2MMar 28, 2024 to Oct 28, 2024
Signals
4 dated events
- Vertex Partners reported RAUM $671.2M, up 40% from $481.1M (2023-12-15 to 2024-03-28)Mar 28, 2024 · RAUM change · derived
- 7 advisors left Highpoint Planning Partners (Downers Grove, IL) for Vertex Partners on the same dayApr 29, 2022 · Team lift-out · derived
- Andrew Bradley Schaffnit (Managing Member) no longer on Schedule A of Vertex Partners (listed 2021-12-15, absent 2022-03-21)Mar 21, 2022 · Control person left · inference
- Vertex Partners filed its initial SEC registration (Form ADV)Dec 3, 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
- Business phone
- 630-836-3300reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/vertexplanningpartnersreportedpublic record, Form ADV, Sep 17, 2026
- Website
- vertexplanningpartners.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 630-836-3300reportedpublic record, Form ADV, Mar 30, 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
- $77.8Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026