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

A•••••• C•••••• A••••••• L••

Independent wealth managerConshohocken, PennsylvaniaCRD 325612SEC 801-134963websiteIAPD
Latest filing Jun 5, 2026
First filing on the tape Nov 14, 2025 · 3 filings
SEC status approved since Dec 18, 2025
RAUM
$267M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$266M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$134M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
3 filings and snapshots on the tape
RAUM$267M as of Jun 5, 2026
Nov 14, 2025$0 then
HNW client RAUM$266M as of Jun 5, 2026
Mar 30, 2026$266M then
State-registered IARs (5.B.3)2 as of Jun 5, 2026
Nov 14, 20252 then
Employees (5.A)3 as of Jun 5, 2026
Nov 14, 20252 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Jun 5, 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
$134MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.7MderivedHNW RAUM over HNW clients
Average account
$783,246derivedRAUM 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
unknownderivedbetween 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
financial planning, portfolio management for individuals, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$47.1M, 33 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$266M100%
  • Corporations and businesses$1.1M0.4%
Individual clients
n/areported
HNW clients
97reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
341reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$47.1M for 33 clientsreported
Compensation
% of AUMreported
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
NameBranchHere sinceIn industryPrior firms
V••••••• C••••••• E•••••••Conshohocken, PaJan 5, 202612 y3
W•••••• K••••• K•••Conshohocken, PaJan 5, 202612 y4
Advisor movement
0 left, 2 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • E•••••••• V•••••••• C••••••• · Managing Membercontrol
    since 02/2023 · owns 50% to 75%
  • K•••• W••••••• K••••• · Managing Membercontrol
    since 09/2025 · owns 50% to 75%
  • M•••• M••••••• T••••• · Chief Compliance Officer
    since 11/2025 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Conshohocken, Pa · principal220
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 0 to 341
    Nov 14, 2025 to Mar 30, 2026
  • Advisory activities · 1 to 3
    Nov 14, 2025 to Mar 30, 2026
  • HNW clients · unset to 97.0
    Nov 14, 2025 to Mar 30, 2026
  • Assets in custody · unset to 47087871.0
    Nov 14, 2025 to Mar 30, 2026
  • Custody of client assets · false to true
    Nov 14, 2025 to Mar 30, 2026
  • Employees · 2 to 3
    Nov 14, 2025 to Mar 30, 2026
  • Financial planning clients · to 101-250
    Nov 14, 2025 to Mar 30, 2026
  • Discretionary RAUM · $0 to $267M
    Nov 14, 2025 to Mar 30, 2026
  • HNW RAUM · unset to 266029727.0
    Nov 14, 2025 to Mar 30, 2026
  • RAUM · $0 to $267M
    Nov 14, 2025 to Mar 30, 2026
Signals
2 dated events
  • 2 advisors left M••• S••••• F•••••••• S••••••••• L•• (Newtown, PA) for A•••••• C•••••• A••••••• L•• on the same day
    Jan 2, 2026 · Team lift-out · derived
  • V••••••• C••••••• E••••••• left A•••••• C•••••• A••••••• L•• for M••• S••••• F•••••••• S••••••••• L•• (registered 2024-09-27)
    Nov 21, 2024 · Advisor changed firm · 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
keenan@arsenalcapitaladvisors.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
561-516-9371reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
610-564-9134reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
561-516-0020reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
linkedin.com/company/arsenal-capital-advisorsreportedpublic record, Form ADV, Sep 18, 2026
Website
arsenalcapitaladvisors.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
610-564-9134reportedpublic record, Form ADV, Jun 5, 2026
Contact form
arsenalcapitaladvisors.com/contact-usreportedpublished by the firm, firm site, Sep 15, 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
$134Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026