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
Invictus Private Wealth, LLC
Latest filing Mar 2, 2026
First filing on the tape Apr 11, 2022 · 18 filings
SEC status approved since May 13, 2022
RAUM
$1.7B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$1.7B individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$857M
derived; firm RAUM over IAPD count
Employees
6
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$1.7B as of Mar 2, 2026
Mar 15, 2023$814M then
HNW client RAUM$1.4B as of Mar 2, 2026
Mar 15, 2023$769M then
State-registered IARs (5.B.3)2 as of Mar 2, 2026
Mar 15, 20232 then
Employees (5.A)6 as of Mar 2, 2026
Mar 15, 20235 then
Private funds: no history
RAUM +26% over the last fiscal year+28% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 2, 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $857MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 231derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $5.2MderivedHNW RAUM over HNW clients
- Average account
- $976,634derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 1.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +26%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -8.2%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
- Custody
- $154M, 119 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.4B82%
- Individuals$290M17%
- Pension and profit-sharing plans$20.5M1.2%
- Individual clients
- 190reported
- HNW clients
- 271reported
- Pension plan clients
- 24reported
- Charitable clients
- n/areported
- Accounts
- 1,754reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $154M for 119 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Michael Scott CaplanCertified Financial Planner | Denver, Co | May 19, 2022 | 16 y | 2 |
| Sydney Victoria LevyCertified Financial Planner | Denver, Co | Jun 25, 2024 | 12 y | 1 |
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 headcount2 left over 36 months
Left, latest
- Joanna Hootnick to Curi Capital, LLCAug 1, 2025 · RIA to RIA
- Jessica K. Margetson to Jfg Wealth Management, LLCJul 2, 2024 · RIA to RIA
Joined, latest
- Sydney Victoria Levy from UBS Financial Services Inc.Jun 25, 2024 · Wirehouse to independent RIA
- Jessica K. Margetson from UBS Financial Services Inc.Jul 1, 2022 · Wirehouse to a newly registered adviser (no RAUM reported yet)
- Michael Scott Caplan from UBS Financial Services Inc.May 19, 2022 · Wirehouse to a newly registered adviser (no RAUM reported yet)
Teams: two or more advisors moving together within fourteen days, from one state
- 3 joined from UBS Financial Services Inc.Jun 1, 2022 · Denver, Co
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Michelle Jodi Burnett · Chief Compliance Officercontrolsince 10/2023 · owns less than 5%
- Scott Michael Caplan · Managing Membercontrolsince 05/2022 · 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 |
|---|---|---|---|---|---|
| Denver, Co | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,635 to 1,754Sep 10, 2025 to Mar 2, 2026
- BD registered reps · 1 to 2Sep 10, 2025 to Mar 2, 2026
- HNW clients · 165 to 271Sep 10, 2025 to Mar 2, 2026
- Individual clients · 337 to 190Sep 10, 2025 to Mar 2, 2026
- Pension plan clients · 18 to 24Sep 10, 2025 to Mar 2, 2026
- Assets in custody · $163M to $154MSep 10, 2025 to Mar 2, 2026
- Employees · 4 to 6Sep 10, 2025 to Mar 2, 2026
- Discretionary RAUM · $1.3B to $1.7BSep 10, 2025 to Mar 2, 2026
- HNW RAUM · $1.3B to $1.4BSep 10, 2025 to Mar 2, 2026
- Individual RAUM · $66.8M to $290MSep 10, 2025 to Mar 2, 2026
- Non-discretionary RAUM · $6.4M to $4.7MSep 10, 2025 to Mar 2, 2026
- Pension RAUM · $11.1M to $20.5MSep 10, 2025 to Mar 2, 2026
- RAUM · $1.4B to $1.7BSep 10, 2025 to Mar 2, 2026
- Financial planning clients · 0 to 0Feb 27, 2025 to Sep 10, 2025
- Accounts · 1,584 to 1,635Nov 5, 2024 to Feb 27, 2025
- HNW clients · 240 to 165Nov 5, 2024 to Feb 27, 2025
- Individual clients · 136 to 337Nov 5, 2024 to Feb 27, 2025
- Pension plan clients · 8 to 18Nov 5, 2024 to Feb 27, 2025
- Assets in custody · $289M to $163MNov 5, 2024 to Feb 27, 2025
- HQ city · unset to Nov 5, 2024 to Feb 27, 2025
- HQ state · unset to Nov 5, 2024 to Feb 27, 2025
- Discretionary RAUM · $1.1B to $1.3BNov 5, 2024 to Feb 27, 2025
- HNW RAUM · $1.0B to $1.3BNov 5, 2024 to Feb 27, 2025
- Individual RAUM · $39.8M to $66.8MNov 5, 2024 to Feb 27, 2025
- Non-discretionary RAUM · $358,105 to $6.4MNov 5, 2024 to Feb 27, 2025
- Pension RAUM · $13.2M to $11.1MNov 5, 2024 to Feb 27, 2025
- RAUM · $1.1B to $1.4BNov 5, 2024 to Feb 27, 2025
- Related broker-dealer · true to falseNov 5, 2024 to Feb 27, 2025
- HQ city · DENVER to unsetMar 21, 2024 to Nov 5, 2024
- HQ state · CO to unsetMar 21, 2024 to Nov 5, 2024
- Accounts · 1,087 to 1,584Oct 5, 2023 to Mar 21, 2024
- HNW clients · 209 to 240Oct 5, 2023 to Mar 21, 2024
- Pension plan clients · unset to 8.0Oct 5, 2023 to Mar 21, 2024
- Employees · 5 to 4Oct 5, 2023 to Mar 21, 2024
- Discretionary RAUM · $809M to $1.1BOct 5, 2023 to Mar 21, 2024
- HNW RAUM · $769M to $1.0BOct 5, 2023 to Mar 21, 2024
- Individual RAUM · $40.1M to $39.8MOct 5, 2023 to Mar 21, 2024
- Non-discretionary RAUM · $4.4M to $358,105Oct 5, 2023 to Mar 21, 2024
- Pension RAUM · $4.4M to $13.2MOct 5, 2023 to Mar 21, 2024
- RAUM · $814M to $1.1BOct 5, 2023 to Mar 21, 2024
Signals
12 dated events
- Invictus Private Wealth, Llc reported RAUM $1.7B, up 26% from $1.4B (2025-09-10 to 2026-03-02)Mar 2, 2026 · RAUM change · derived
- Joanna Hootnick left Invictus Private Wealth, Llc for Curi Capital, Llc (registered 2025-08-11)Aug 1, 2025 · Advisor changed firm · fact
- Invictus Private Wealth, Llc reported RAUM $1.4B, up 26% from $1.1B (2024-11-05 to 2025-02-27)Feb 27, 2025 · RAUM change · derived
- Jessica K. Margetson left Invictus Private Wealth, Llc for Jfg Wealth Management, Llc (registered 2024-08-02)Jul 2, 2024 · Advisor changed firm · fact
- Invictus Private Wealth, Llc reported RAUM $1.1B, up 32% from $813.6M (2023-10-05 to 2024-03-21)Mar 21, 2024 · RAUM change · derived
- Anne Emily Johnson (Chief Compliance Officer) no longer on Schedule A of Invictus Private Wealth, Llc (listed 2023-03-15, absent 2023-10-05)Oct 5, 2023 · Control person left · inference
- Michelle Jodi Burnett (Chief Compliance Officer) appeared on Schedule A of Invictus Private Wealth, LlcOct 5, 2023 · Control person joined · fact
- William Andrew Hamelin (Chief Compliance Officer) no longer on Schedule A of Invictus Private Wealth, Llc (listed 2022-05-19, absent 2022-06-27)Jun 27, 2022 · Control person left · inference
- Anne Emily Johnson (Chief Compliance Officer) appeared on Schedule A of Invictus Private Wealth, LlcJun 27, 2022 · Control person joined · fact
- 3 advisors left UBS Financial Services Inc. (Denver, CO) for Invictus Private Wealth, LLC a day apartJun 1, 2022 · Team lift-out · derived
- Scott Michael Caplan (Managing Member) appeared on Schedule A of Invictus Private Wealth, LlcMay 19, 2022 · Control person joined · fact
- The Caplan Group - Private Wealth Management, Llc filed its initial SEC registration (Form ADV)Apr 11, 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 email
- info@invictuspw.comreportedpublished by the firm, firm site, Sep 16, 2026
- Website
- invictuspw.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 720-734-2460reportedpublic record, Form ADV, Mar 2, 2026
- Contact form
- invictusprivatewealth.com/contactreportedpublished by the firm, firm site, Sep 16, 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
- $857Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026