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
Wealthcare Capital Partners, LLC
Latest filing May 21, 2026
First filing on the tape Feb 22, 2024 · 15 filings
SEC status approved since Apr 24, 2024
RAUM
$407M
reported, Item 5.F
Discretionary
95%
of RAUM
Private clients
95%
$386M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$50.9M
derived; firm RAUM over IAPD count
Employees
14
9 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$407M as of May 21, 2026
Mar 24, 2025$331M then
HNW client RAUM$235M as of May 21, 2026
Mar 24, 2025$198M then
State-registered IARs (5.B.3)9 as of May 21, 2026
Mar 24, 20259 then
Employees (5.A)14 as of May 21, 2026
Mar 24, 202514 then
Private funds: no history
RAUM +23% over the last fiscal yearIARs 9 to 9offices 3 to 4
Practice profile
derived from the filing of May 21, 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
- RAUM per advisor
- $50.9MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 89derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.6MderivedHNW RAUM over HNW clients
- Average account
- $254,785derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 95%derivedof RAUM
- Institutional
- 5.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.8derivedItem 5.A over advisors
- Advisors per office
- 1.6derived5 offices incl. principal (1.F.5)
- RAUM growth, one year
- +23%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +14%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 consulting, selection of other advisersreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Custody
- $139M, 256 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$235M58%
- Individuals$151M37%
- Pension and profit-sharing plans$21.0M5.1%
- Corporations and businesses$305,2220.1%
- Charitable organizations$180,2560.0%
- Individual clients
- 616reported
- HNW clients
- 92reported
- Pension plan clients
- 9reported
- Charitable clients
- n/areported
- Accounts
- 1,599reported
- Financial planning clients
- 0reported
- Wrap fee programs
- $0 sponsored, $0 managedreported
- Custody of client assets
- $139M for 256 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.95 fund_share=0.0 institutional_share=0.05 related_bd=true related_bank=false bd_reps=7.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Craig Guy Fischer | West Chester, Pa | May 6, 2024 | 43 y | 1 |
| Carol M Ashmen | Towson, Md | May 9, 2024 | 37 y | 1 |
| Keri Elizabeth Blake | Indianola, Ia | Jul 12, 2024 | 16 y | 2 |
| Jessica Kay Hoffman | Adel, Ia | Jul 12, 2024 | 14 y | 3 |
| Ruben Gonzalo Devia ArbanilCertified Financial Planner | Leesburg, Va | Jul 23, 2024 | 10 y | 2 |
| Chase Geiger | West Chester, Pa | Apr 25, 2025 | 11 y | 0 |
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
- Ruben Gonzalo Devia Arbanil from Abich Financial Wealth Management, LLCJul 23, 2024 · RIA to a newly registered adviser
- Keri Elizabeth Blake from Wealthcare Advisory Partners LLCJul 12, 2024 · RIA to a newly registered adviser
- Blake Edward Fellows from LPL Financial LLCJul 12, 2024 · Affiliated broker-dealer or bank to a newly registered adviser
- Jessica Kay Hoffman from Wealthcare Advisory Partners LLCJul 12, 2024 · RIA to a newly registered adviser
- Carol M Ashmen from Atlantic Financial Services, Inc.May 9, 2024 · RIA to a newly registered adviser
- Craig Guy Fischer from Atlantic Financial Services, Inc.May 6, 2024 · RIA to a newly registered adviser
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Atlantic Financial Services, Inc.Dec 4, 2024 · Towson, Md
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Justin Dubrueler · Chief Financial Officercontrolsince 02/2024 · owns less than 5%
- Joseph James Krause · Chief Compliance Officercontrolsince 02/2024 · owns less than 5%
- Eliot Ronald Madey · Chief Investment Officercontrolsince 02/2024 · owns less than 5%
- Thomas Matthew Regan · Presidentcontrolsince 02/2024 · owns less than 5%
Entity owners
- Wealthcare Parent Holdings LLC · Memberdirect · owns 75% or more
- Newspring Holdings Co-Investor (Fw) LLC · Memberindirect · owns 25% to 50% of Wealthcare Holdings LLC
- Wealthcare Holdings LLC · Manager And Sole Memberindirect · owns 75% or more of Wealthcare LLC
- Wealthcare LLC · Memberindirect · owns 50% to 75% of Wealthcare Partners LLC
- Wealthcare LLC · Memberindirect · owns 75% or more of Wealthcare Parent Inc.
- Wealthcare Parent Inc. · Memberindirect · owns 25% to 50% of Wealthcare Partners LLC
- Wealthcare Partners LLC · Memberindirect · owns 75% or more of Wealthcare Parent Holdings LLC
Related persons
Schedule D 7.A
- Wealthcare Advisory Partners LLCinvestment advisernRAUM $8.3B
- Wealthcare Capital Management LLCinvestment advisernRAUM $3.9B
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| West Chester, Pa · principal | 8 | 0 | 0 | ||
| Leesburg, Va | 3 | 0 | 0 | ||
| Indianola, Ia | 2 | 0 | 0 | ||
| Towson, Md | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Leesburg, VA3 employees
- Indianola, IA2 employees
- Towson, MD1 employees
What changed
consecutive filings, newest first
- Accounts · 1,395 to 1,599Oct 17, 2025 to Mar 24, 2026
- HNW clients · 69 to 92Oct 17, 2025 to Mar 24, 2026
- Individual clients · 554 to 616Oct 17, 2025 to Mar 24, 2026
- Pension plan clients · unset to 9.0Oct 17, 2025 to Mar 24, 2026
- Assets in custody · $125M to $139MOct 17, 2025 to Mar 24, 2026
- Other offices · 3 to 4Oct 17, 2025 to Mar 24, 2026
- Discretionary RAUM · $331M to $388MOct 17, 2025 to Mar 24, 2026
- HNW RAUM · $198M to $235MOct 17, 2025 to Mar 24, 2026
- Individual RAUM · $133M to $151MOct 17, 2025 to Mar 24, 2026
- Non-discretionary RAUM · $0 to $19.0MOct 17, 2025 to Mar 24, 2026
- Pension RAUM · unset to 20966111.0Oct 17, 2025 to Mar 24, 2026
- RAUM · $331M to $407MOct 17, 2025 to Mar 24, 2026
- Related broker-dealer · false to trueOct 17, 2025 to Mar 24, 2026
- Financial planning clients · 0 to 0Jul 22, 2025 to Oct 17, 2025
- Accounts · 801 to 1,395Dec 17, 2024 to Mar 24, 2025
- Advisory employees · 8 to 9Dec 17, 2024 to Mar 24, 2025
- HNW clients · 31 to 69Dec 17, 2024 to Mar 24, 2025
- Individual clients · 370 to 554Dec 17, 2024 to Mar 24, 2025
- Assets in custody · $4.0M to $125MDec 17, 2024 to Mar 24, 2025
- Employees · 13 to 14Dec 17, 2024 to Mar 24, 2025
- Insurance-licensed employees · 7 to 2Dec 17, 2024 to Mar 24, 2025
- State-registered IARs · 8 to 9Dec 17, 2024 to Mar 24, 2025
- Discretionary RAUM · $161M to $331MDec 17, 2024 to Mar 24, 2025
- HNW RAUM · $91.6M to $198MDec 17, 2024 to Mar 24, 2025
- Individual RAUM · $68.9M to $133MDec 17, 2024 to Mar 24, 2025
- RAUM · $161M to $331MDec 17, 2024 to Mar 24, 2025
- Accounts · 0 to 801Jul 12, 2024 to Aug 19, 2024
- Advisory employees · 1 to 8Jul 12, 2024 to Aug 19, 2024
- BD registered reps · 1 to 7Jul 12, 2024 to Aug 19, 2024
- HNW clients · unset to 31.0Jul 12, 2024 to Aug 19, 2024
- Individual clients · unset to 370.0Jul 12, 2024 to Aug 19, 2024
- Assets in custody · $0 to $4.0MJul 12, 2024 to Aug 19, 2024
- Employees · 4 to 13Jul 12, 2024 to Aug 19, 2024
- Insurance-licensed employees · 2 to 7Jul 12, 2024 to Aug 19, 2024
- State-registered IARs · 0 to 8Jul 12, 2024 to Aug 19, 2024
- Discretionary RAUM · $0 to $161MJul 12, 2024 to Aug 19, 2024
- HNW RAUM · unset to 91563437.0Jul 12, 2024 to Aug 19, 2024
- Individual RAUM · unset to 68888904.0Jul 12, 2024 to Aug 19, 2024
- RAUM · $0 to $161MJul 12, 2024 to Aug 19, 2024
- Other offices · 1 to 3May 6, 2024 to Jul 12, 2024
Signals
3 dated events
- Wealthcare Capital Partners, Llc reported RAUM $330.9M, up 106% from $160.6M (2024-12-17 to 2025-03-24)Mar 24, 2025 · RAUM change · derived
- 2 advisors left Atlantic Financial Services, Inc. (Towson, MD) for Wealthcare Capital Partners, LLC on the same dayDec 4, 2024 · Team lift-out · derived
- Wealthcare Capital Partners, Llc filed its initial SEC registration (Form ADV)Feb 22, 2024 · 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 phone
- 248-334-9600reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 248-334-9603reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- linkedin.com/company/wealthcare-capital-managementreportedpublic record, Form ADV, Sep 17, 2026
- Firm profile
- linkedin.com/company/fellows-financial-group-llc.reportedpublic record, Form ADV, Sep 17, 2026
- Website
- wealthcarewms.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 804.644.4711reportedpublic record, Form ADV, May 21, 2026
- Contact form
- wealthcarewms.com/contactreportedpublished by the firm, firm site, Sep 17, 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
- $50.9Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026