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

S••• H••••• F••••• C••••••• L••

Wealth manager with institutional or fund businessChapel Hill, North CarolinaCRD 317547SEC 801-122963IAPD
Latest filing Mar 24, 2026
First filing on the tape Dec 1, 2021 · 9 filings
SEC status approved since Jan 3, 2022
RAUM
$614M
reported, Item 5.F
Discretionary
57%
of RAUM
Private clients
37%
$227M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$614M
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
9 filings and snapshots on the tape
RAUM$614M as of Mar 24, 2026
Mar 24, 2023$385M then
HNW client RAUM$227M as of Mar 24, 2026
Mar 24, 2023$234M then
State-registered IARs (5.B.3)1 as of Mar 24, 2026
Mar 24, 20230 then
Employees (5.A)3 as of Mar 24, 2026
Mar 24, 20233 then
Private funds: no history
RAUM +12% over the last fiscal year+17% a year over threeIARs 0 to 1
Practice profile
derived from the filing of Mar 24, 2026; every figure names its basis
Archetypes, each a printed rule
RAUM per advisor
$614MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$22.7MderivedHNW RAUM over HNW clients
Average account
$2.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
57%derivedof RAUM
Institutional
63%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 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
  • Charitable organizations$386M63%
  • High-net-worth individuals$227M37%
Individual clients
n/areported
HNW clients
10reported
Pension plan clients
n/areported
Charitable clients
2reported
Accounts
235reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.37 fund_share=0.0 institutional_share=0.63 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S••••• E••• S••••••Chartered Financial AnalystChapel Hill, NcApr 25, 202519 y0
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
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • B•••• P•••• T• · Chief Compliance Officer And Chief Investment Officercontrol
        since 11/2021 · owns less than 5%
      • S••••••• S••••• · Presidentcontrol
        since 01/2022 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • high institutional concentrationStatic outlier · filing Mar 24, 2026
        institutional share of RAUM of 63% against a peer median of 2% (1482 comparable advisers, 99.0th percentile, 20.7 robust deviations)
        peers: independent wealth managers, $500M to $1B (1,482) · 99% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 239 to 235
        Oct 24, 2025 to Mar 24, 2026
      • Charity clients · 1 to 2
        Oct 24, 2025 to Mar 24, 2026
      • HNW clients · 11 to 10
        Oct 24, 2025 to Mar 24, 2026
      • State-registered IARs · 0 to 1
        Oct 24, 2025 to Mar 24, 2026
      • Discretionary RAUM · $312M to $353M
        Oct 24, 2025 to Mar 24, 2026
      • HNW RAUM · $250M to $227M
        Oct 24, 2025 to Mar 24, 2026
      • Non-discretionary RAUM · $234M to $261M
        Oct 24, 2025 to Mar 24, 2026
      • RAUM · $546M to $614M
        Oct 24, 2025 to Mar 24, 2026
      • Advisory employees · 4 to 3
        May 19, 2025 to Oct 24, 2025
      • Employees · 4 to 3
        May 19, 2025 to Oct 24, 2025
      • Financial planning clients · 0 to 0
        May 19, 2025 to Oct 24, 2025
      • Accounts · 222 to 239
        Mar 28, 2024 to Mar 21, 2025
      • Advisory employees · 3 to 4
        Mar 28, 2024 to Mar 21, 2025
      • HNW clients · 9 to 11
        Mar 28, 2024 to Mar 21, 2025
      • Employees · 3 to 4
        Mar 28, 2024 to Mar 21, 2025
      • Financial planning clients · unset to 0
        Mar 28, 2024 to Mar 21, 2025
      • Discretionary RAUM · $301M to $312M
        Mar 28, 2024 to Mar 21, 2025
      • HNW RAUM · $226M to $250M
        Mar 28, 2024 to Mar 21, 2025
      • Non-discretionary RAUM · $208M to $234M
        Mar 28, 2024 to Mar 21, 2025
      • RAUM · $509M to $546M
        Mar 28, 2024 to Mar 21, 2025
      • Accounts · 217 to 222
        Mar 24, 2023 to Mar 28, 2024
      • Discretionary RAUM · $206M to $301M
        Mar 24, 2023 to Mar 28, 2024
      • HNW RAUM · $234M to $226M
        Mar 24, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $179M to $208M
        Mar 24, 2023 to Mar 28, 2024
      • RAUM · $385M to $509M
        Mar 24, 2023 to Mar 28, 2024
      • Accounts · 207 to 217
        Jan 28, 2022 to Mar 24, 2023
      • Discretionary RAUM · $242M to $206M
        Jan 28, 2022 to Mar 24, 2023
      • HNW RAUM · $271M to $234M
        Jan 28, 2022 to Mar 24, 2023
      • Non-discretionary RAUM · $163M to $179M
        Jan 28, 2022 to Mar 24, 2023
      • RAUM · $404M to $385M
        Jan 28, 2022 to Mar 24, 2023
      Signals
      2 dated events
      • S••• H••••• F••••• C••••••• L•• reported RAUM $509.2M, up 32% from $384.8M (2023-03-24 to 2024-03-28)
        Mar 28, 2024 · RAUM change · derived
      • S••• H••••• F••••• C••••••• L•• filed its initial SEC registration (Form ADV)
        Dec 1, 2021 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Principal office phone
      919-537-7110reportedpublic record, Form ADV, Mar 24, 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
      Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $614Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026