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
Ih2 Advisors & Company
Latest filing Apr 1, 2026
First filing on the tape Apr 13, 2023 · 11 filings
SEC status approved since May 16, 2025
RAUM
$265M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$88.4M
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
11 filings and snapshots on the tape
RAUM$265M as of Apr 1, 2026
May 19, 2025$105M then
HNW client RAUM: no history
State-registered IARs (5.B.3)3 as of Apr 1, 2026
May 19, 20252 then
Employees (5.A)3 as of Apr 1, 2026
May 19, 20252 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Apr 1, 2026; every figure names its basis
- RAUM per advisor
- $88.4MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $12.6MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 0.0%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 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 assets, otherreportedItem 5.E
- Advisory activities
- otherreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Other investment advisers$265M100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 21reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| David Michael Frascella | Wilmington, De | Jul 18, 2025 | 26 y | 2 |
| Stephen M Hagan | Wilmington, De | Jul 18, 2025 | 31 y | 3 |
| Abiodun Osanyinjobi | Wilmington, De | Dec 18, 2025 | 13 y | 2 |
Advisor movement
0 left, 1 joined in 12 months
net +1 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
- Abiodun Osanyinjobi from Morgan StanleyDec 18, 2025 · Other
- David Michael Frascella from Bny Mellon Advisors, Inc.May 17, 2024 · Other
- Stephen M Hagan from Bny Mellon Securities CorporationMay 12, 2023 · Affiliated broker-dealer or bank to a newly registered adviser
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- M Stephen Hagan · Managing Partner And Chief Compliance Officercontrolsince 01/2023 · owns 50% to 75%
- Joseph Anthony Harper · Managing Partnercontrolsince 05/2021 · owns 50% to 75%
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 |
|---|---|---|---|---|---|
| Wilmington, De · principal | 3 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- low discretionary shareStatic outlier · filing Apr 1, 2026discretionary share of RAUM of 0% against a peer median of 100% (1567 comparable advisers, 0.0th percentile, 33.7 robust deviations)peers: asset managers, $100M to $500M (1,567) · 0.0% percentile
What changed
consecutive filings, newest first
- Accounts · 19 to 21Mar 31, 2026 to Apr 1, 2026
- Accounts · 1 to 19Dec 18, 2025 to Mar 31, 2026
- Advisory employees · 2 to 3Dec 18, 2025 to Mar 31, 2026
- Employees · 2 to 3Dec 18, 2025 to Mar 31, 2026
- State-registered IARs · 2 to 3Dec 18, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $105M to $265MDec 18, 2025 to Mar 31, 2026
- RAUM · $105M to $265MDec 18, 2025 to Mar 31, 2026
- Financial planning clients · unset to May 19, 2025 to Jul 17, 2025
- Accounts · 2 to 1Dec 13, 2023 to May 19, 2025
- Advisory employees · 1 to 2Dec 13, 2023 to May 19, 2025
- Employees · 1 to 2Dec 13, 2023 to May 19, 2025
- State-registered IARs · 1 to 2Dec 13, 2023 to May 19, 2025
- Non-discretionary RAUM · $2.5M to $105MDec 13, 2023 to May 19, 2025
- RAUM · $2.5M to $105MDec 13, 2023 to May 19, 2025
- Accounts · 1 to 2Sep 13, 2023 to Dec 13, 2023
- Non-discretionary RAUM · $110M to $2.5MSep 13, 2023 to Dec 13, 2023
- RAUM · $110M to $2.5MSep 13, 2023 to Dec 13, 2023
- Accounts · 0 to 1Jul 11, 2023 to Sep 13, 2023
- Non-discretionary RAUM · $0 to $110MJul 11, 2023 to Sep 13, 2023
- RAUM · $0 to $110MJul 11, 2023 to Sep 13, 2023
- Business name · IH2 ADVISORS & COMPANY, INC. to IH2 ADVISORS & COMPANYApr 13, 2023 to Apr 20, 2023
- Legal name · IH2 ADVISORS & COMPANY, INC. to IH2 ADVISORS & COMPANYApr 13, 2023 to Apr 20, 2023
Signals
3 dated events
- Ih2 Advisors & Company reported RAUM $265.3M, up 153% from $105.0M (2025-12-18 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- Ih2 Advisors & Company reported RAUM $2.5M, down 98% from $110.0M (2023-09-13 to 2023-12-13)Dec 13, 2023 · RAUM change · derived
- Ih2 Advisors & Company, Inc. filed its initial SEC registration (Form ADV)Apr 13, 2023 · 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
- Website
- incadense.com/ih2-advisorsreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 302-345-6404reportedpublic record, Form ADV, Apr 1, 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- $88.4Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026