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

Forthright Capital

Independent wealth managerLas Vegas, NevadaCRD 323596SEC 801-128191websiteIAPD
Legal name Forthright Capital Advisory LLC
Latest filing Aug 25, 2026
First filing on the tape Oct 12, 2022 · 40 filings
SEC status approved since Jul 25, 2023
RAUM
$108M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$106M individuals and HNW
Advisors
21
registered through the firm on IAPD
RAUM per advisor
$5.1M
derived; firm RAUM over IAPD count
Employees
22
21 advisory (5.B.1)
Offices
19
beyond the principal office
Private funds
0
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$108M as of Aug 25, 2026
Mar 17, 2023$6.3M then
HNW client RAUM$22.9M as of Aug 25, 2026
Mar 17, 2023$1.2M then
State-registered IARs (5.B.3)21 as of Aug 25, 2026
Mar 17, 20236 then
Employees (5.A)22 as of Aug 25, 2026
Mar 17, 20236 then
Private funds: no history
RAUM +66% over the last fiscal year+158% a year over threeIARs 25 to 21offices 16 to 19
Practice profile
derived from the filing of Aug 25, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
RAUM per advisor
$5.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
47derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$79,007derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.1derived20 offices incl. principal (1.F.5)
RAUM growth, one year
+66%derivedbetween the last two annual amendments
Advisor growth, one year
-16%derivedItem 5.B.3 between annual amendments
Client growth, one year
+54%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, 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
  • Individuals$83.3M77%
  • High-net-worth individuals$22.9M21%
  • Corporations and businesses$1.2M1.1%
  • Pension and profit-sharing plans$240,5170.2%
Individual clients
969reported
HNW clients
9reported
Pension plan clients
5reported
Charitable clients
n/areported
Accounts
1,363reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
21 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Sabrina Z HayesLas Vegas, NvJun 21, 202316 y2
Benjamin KaplanLas Vegas, Nv Jul 25, 202312 y1
Nephi Mikel EschlerHurricane, Ut Aug 7, 202311 y0
Nicholas PirsosLas Vegas, Nv Aug 17, 202329 y2
Terry Jay SzilasiChartered Financial ConsultantSpokane Valley, Wa Aug 24, 202311 y0
Ivan HenriquezLas Vegas, Nv Oct 16, 202311 y2
Nathaniel Phillip CarswellCertified Financial PlannerLas Vegas, Nv Dec 1, 202319 y5
John Eric RowdenLas Vegas, Nv Feb 26, 202420 y3
Edward Cranston HillConroe, Tx Mar 22, 202411 y1
Ryan Andrew BerkowitzCathedral City, Ca Apr 29, 202410 y3
Christopher DevilleneuveChartered Financial ConsultantLas Vegas, Nv Oct 15, 202410 y0
Camille Lorraine LiljequistLas Vegas, NvJan 2, 202511 y0
Quinten SmithPrinceton, Tx Jan 15, 202510 y2
Timothy Deon BennettChicago, Il Feb 6, 202513 y0
Judy Hung LeeRedwood City, Ca Jun 26, 202524 y0
Richard Bert ReedHoney Creek, Ia Aug 20, 202522 y3
Troy Russell WillcoxSaginaw, Tx Dec 15, 202517 y1
Kyle John ToledoStockton, Ca Apr 9, 202611 y0
Daniel G BinghamLas Vegas, Nv Apr 14, 202611 y1
Thomas Barro MitoseLas Vegas, Nv Jul 10, 202612 y2
Stephen Quentin Glenn MehrTucson, Az Jul 20, 202613 y2
Advisor movement
10 left, 4 joined in 12 months
net -6 in 12 months0 left in 90 days2 joined in 90 daysdeparture rate 48% of current headcount21 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Charles Nguyen · Owner & Ccocontrol
    since 09/2022 · owns 75% or more
Related persons
Schedule D 7.A
  • Forthright Capital Partners, LLC
    real estaten
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Las Vegas, Nv · principal2155
Natalia, Tx001
W Bloomfield, Mi000
Wimauma, Fl000
Miami, Fl001
Prospect, Ky000
Quincy, Il001
Clayton, Nc000
York, Pa000
Kaneohe, Hi000
San Diego, Ca002
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • RAUM up 50 %Change between filings · filing Mar 31, 2026
    RAUM (Item 5.F) moved from $64,985,533 to $107,686,977 (+66.0%) between the annual amendments of 2025-01-30 and 2026-03-31; the peer median change was +15.0% (4550 comparable advisers, 97.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (4,550) · 97% percentile
  • account count surgeChange between filings · filing Mar 31, 2026
    accounts (Item 5.F.2.f) moved from 882.0 to 1,363.0 (+55.0%) between the annual amendments of 2025-01-30 and 2026-03-31; the peer median change was +5.0% (3687 comparable advisers, 96.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,687) · 96% percentile
  • client count surgeChange between filings · filing Mar 31, 2026
    individual and HNW clients (Item 5.D) moved from 636.0 to 978.0 (+54.0%) between the annual amendments of 2025-01-30 and 2026-03-31; the peer median change was +3.0% (3309 comparable advisers, 97.0th percentile of changes)
    peers: independent wealth managers, $100M to $500M (3,309) · 97% percentile
How anomalies are measured
What changed
consecutive filings, newest first
  • HNW clients · 6 to 9
    Jan 28, 2026 to Mar 31, 2026
  • Individual clients · 630 to 969
    Jan 28, 2026 to Mar 31, 2026
  • Pension plan clients · unset to 5.0
    Jan 28, 2026 to Mar 31, 2026
  • Employees · 28 to 22
    Jan 28, 2026 to Mar 31, 2026
  • State-registered IARs · 25 to 21
    Jan 28, 2026 to Mar 31, 2026
  • Discretionary RAUM · $65.0M to $108M
    Jan 28, 2026 to Mar 31, 2026
  • HNW RAUM · $8.9M to $22.9M
    Jan 28, 2026 to Mar 31, 2026
  • Individual RAUM · $55.6M to $83.3M
    Jan 28, 2026 to Mar 31, 2026
  • Pension RAUM · $487,052 to $240,517
    Jan 28, 2026 to Mar 31, 2026
  • RAUM · $65.0M to $108M
    Jan 28, 2026 to Mar 31, 2026
  • Accounts · 882 to 1,363
    Jan 28, 2026 to Mar 31, 2026
  • Advisory employees · 28 to 21
    Jan 28, 2026 to Mar 31, 2026
  • Business name · FORTHRIGHT CAPITAL ADVISORY to FORTHRIGHT CAPITAL
    Jan 28, 2026 to Mar 31, 2026
  • Corporate clients · unset to 4.0
    Jan 28, 2026 to Mar 31, 2026
  • Other offices · 16 to 19
    Oct 9, 2025 to Jan 28, 2026
  • Financial planning clients · 11-25 to 11-25
    Jan 30, 2025 to May 16, 2025
  • Accounts · 264 to 882
    Dec 11, 2024 to Jan 30, 2025
  • Advisory employees · 32 to 28
    Dec 11, 2024 to Jan 30, 2025
  • HNW clients · unset to 6.0
    Dec 11, 2024 to Jan 30, 2025
  • Individual clients · 258 to 630
    Dec 11, 2024 to Jan 30, 2025
  • Employees · 32 to 28
    Dec 11, 2024 to Jan 30, 2025
  • Insurance-licensed employees · 1 to 0
    Dec 11, 2024 to Jan 30, 2025
  • Financial planning clients · 1-10 to 11-25
    Dec 11, 2024 to Jan 30, 2025
  • State-registered IARs · 32 to 25
    Dec 11, 2024 to Jan 30, 2025
  • Discretionary RAUM · $26.5M to $65.0M
    Dec 11, 2024 to Jan 30, 2025
  • HNW RAUM · $5.7M to $8.9M
    Dec 11, 2024 to Jan 30, 2025
  • Individual RAUM · $17.4M to $55.6M
    Dec 11, 2024 to Jan 30, 2025
  • Pension RAUM · $3.3M to $487,052
    Dec 11, 2024 to Jan 30, 2025
  • RAUM · $26.5M to $65.0M
    Dec 11, 2024 to Jan 30, 2025
  • Other offices · 17 to 16
    Mar 22, 2024 to Jun 18, 2024
  • Accounts · 176 to 264
    Mar 8, 2024 to Mar 22, 2024
  • Advisory employees · 34 to 32
    Mar 8, 2024 to Mar 22, 2024
  • Individual clients · 103 to 258
    Mar 8, 2024 to Mar 22, 2024
  • Employees · 34 to 32
    Mar 8, 2024 to Mar 22, 2024
  • Insurance-licensed employees · 7 to 1
    Mar 8, 2024 to Mar 22, 2024
  • State-registered IARs · 16 to 32
    Mar 8, 2024 to Mar 22, 2024
  • Discretionary RAUM · $26.7M to $26.5M
    Mar 8, 2024 to Mar 22, 2024
  • HNW RAUM · $11.5M to $5.7M
    Mar 8, 2024 to Mar 22, 2024
  • Individual RAUM · $14.8M to $17.4M
    Mar 8, 2024 to Mar 22, 2024
  • Pension RAUM · unset to 3321230.0
    Mar 8, 2024 to Mar 22, 2024
Signals
29 dated events
  • Raymond Yau left Forthright Capital for Lpl Enterprise, Llc (registered 2026-03-30)
    Jun 11, 2026 · Advisor changed firm · fact
  • Calvin Tracy Leonard left Forthright Capital for The Fiduciary Alliance (registered 2026-01-29)
    Jan 27, 2026 · Advisor changed firm · fact
  • Chelsea M Haynes left Forthright Capital for Thrivent Investment Management Inc. (registered 2026-04-10)
    Jan 26, 2026 · Advisor changed firm · fact
  • Christopher D Kenney left Forthright Capital for Waystone Advisors Llc (registered 2026-04-27)
    Jan 2, 2026 · Advisor changed firm · fact
  • David Russell Hoffman left Forthright Capital for Dynamic (registered 2026-01-28)
    Dec 1, 2025 · Advisor changed firm · fact
  • Alan Pamintuan left Forthright Capital for Valic Financial Advisors, Inc. (registered 2025-12-15)
    Dec 1, 2025 · Advisor changed firm · fact
  • Jose Alfredo Perales left Forthright Capital for Retire Lab Llc (registered 2026-06-11)
    Nov 20, 2025 · Advisor changed firm · fact
  • Micah Fretz left Forthright Capital for Beacon Capital Management, Inc. (registered 2025-11-19)
    Oct 27, 2025 · Advisor changed firm · fact
  • Tanner Aaric Bartlow left Forthright Capital for Ipi Wealth Management, Inc. (registered 2026-06-29)
    Oct 27, 2025 · Advisor changed firm · fact
  • Jeremy Andre Gonzalez left Forthright Capital for Tlg Advisors, Inc. (registered 2025-05-20)
    Oct 8, 2025 · Advisor changed firm · fact
  • Michael John Cooley left Forthright Capital for Altitude Capital Management Llc (registered 2026-01-01)
    Aug 5, 2025 · Advisor changed firm · fact
  • Nick Christopher Stockdale left Forthright Capital for Linden Thomas Advisory Services, Llc (registered 2025-06-13)
    Jun 2, 2025 · Advisor changed firm · fact
  • Derek Oliphant left Forthright Capital for J.P. Morgan Securities Llc (registered 2025-05-23)
    May 27, 2025 · Advisor changed firm · fact
  • Brandon T Ramos left Forthright Capital for Cambridge Investment Research Advisors, Inc. (registered 2025-06-04)
    May 15, 2025 · Advisor changed firm · fact
  • Sherise Lanay Steele left Forthright Capital for Creative Planning Institutional Advisors, Llc (registered 2025-04-16)
    Apr 2, 2025 · Advisor changed firm · fact
  • Jay C Lewis left Forthright Capital for Kestra Advisory Services, Llc (registered 2026-02-06)
    Mar 20, 2025 · Advisor changed firm · fact
  • Gary Max Goeppinger left Forthright Capital for Trs Advisors, Llc (registered 2024-03-24)
    Mar 27, 2024 · Advisor changed firm · fact
  • Forthright Capital reported 32 state-registered advisory representatives, up from 16 (2024-03-08 to 2024-03-22)
    Mar 22, 2024 · Advisor headcount change · derived
  • Constance Nathelma Craig-Mason left Forthright Capital for Altitude Capital Management Llc (registered 2024-01-18)
    Jan 8, 2024 · Advisor changed firm · fact
  • Whittney D Harvey left Forthright Capital for Edward Jones (registered 2024-08-21)
    Nov 7, 2023 · Advisor changed firm · fact
  • Aaron Keith Ulrich left Forthright Capital for Ae Wealth Management, Llc (registered 2023-11-10)
    Oct 24, 2023 · Advisor changed firm · fact
  • Anthony F Spencer left Forthright Capital for Park Avenue Securities Llc (registered 2024-03-01)
    Oct 18, 2023 · Advisor changed firm · fact
  • Delano Davis left Forthright Capital for Wells Fargo Advisors (registered 2023-08-07)
    Jul 25, 2023 · Advisor changed firm · fact
  • Forthright Capital reported 13 offices beyond its principal office, up from 2 (2023-07-05 to 2023-07-24)
    Jul 24, 2023 · Office count change · derived
  • Forthright Capital reported 16 state-registered advisory representatives, up from 6 (2023-07-05 to 2023-07-24)
    Jul 24, 2023 · Advisor headcount change · derived
  • Salvatierra Jaime Amores (Owner) no longer on Schedule A of Forthright Capital (listed 2023-02-24, absent 2023-03-17)
    Mar 17, 2023 · Control person left · inference
  • C Bliss Rivera (Owner) no longer on Schedule A of Forthright Capital (listed 2023-02-24, absent 2023-03-17)
    Mar 17, 2023 · Control person left · inference
  • Laphang Edmund Leung (Owner) no longer on Schedule A of Forthright Capital (listed 2023-02-24, absent 2023-03-17)
    Mar 17, 2023 · Control person left · inference
  • Forthright Capital Advisory filed its initial SEC registration (Form ADV)
    Oct 12, 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
Firm profile
linkedin.com/company/forthright-capital-partnersreportedpublic record, Form ADV, Sep 18, 2026
Website
forthrightcps.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
725-712-3011reportedpublic record, Form ADV, Aug 25, 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
$5.1Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026