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

Venerable Investment Advisers, LLC

Asset manager (funds and pooled vehicles)West Chester, PennsylvaniaCRD 330755SEC 801-130496IAPD
Latest filing Jul 1, 2026
First filing on the tape May 17, 2024 · 8 filings
SEC status approved since Jun 14, 2024
RAUM
$16B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
12
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$16B as of Jul 1, 2026
Feb 24, 2025$9.8B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 1, 2026
Feb 24, 20250 then
Employees (5.A)12 as of Jul 1, 2026
Feb 24, 202512 then
Private funds: no history
RAUM +66% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Jul 1, 2026; every figure names its basis
Archetypes, each a printed rule
  • PE backed · a Schedule A entity owner at 25 percent or more whose exact legal name is a PE fund vehicle or a classified PE sponsor on the DFX private equity graph
RAUM per advisor
unknownderivedRAUM 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
$775MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+66%derivedbetween 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
portfolio management for investment companies, selection of other advisers, otherreportedItem 5.G
Ownership
a PE fund or sponsor is a 25 percent or greater owner 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
  • Investment companies$16B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
21reported
Financial planning clients
0reported
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=true related_bank=true bd_reps=1.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Timothy Brown · Presidentcontrol
        since 10/2023 · owns less than 5%
      • Edward Richard Gelfand · Cfocontrol
        since 10/2023 · owns less than 5%
      • Levy Michal Lopatin · Head Of Venerable Investment Advisers, LLCcontrol
        since 10/2023 · owns less than 5%
      • Kristina Magolis · General Counsel And Secretarycontrol
        since 01/2024 · owns less than 5%
      • Ann Adrea Scaramucci · Chief Compliance Officercontrol
        since 10/2023 · owns less than 5%
      Entity owners
      • Venerable Holdings, Inc. · Sole Member
        direct · owns 75% or more
      • Ap Violet Advisors Gp, LLC · General Partner
        indirect · owns F of Ap Violet Advisors L.P
      • Ap Violet Advisors L.P · General Partner
        indirect · owns F of Ap Violet Ath Holdings, L.P
      • Ap Violet Ath Holdings, L.P · Limited Partner
        indirect · owns 25% to 50% of Ap Violet, L.P.
      • Ap Violet, L.P. · Member
        indirect · owns 25% to 50% of Va Capital Company LLC
      • Aph Holdings, L.P. · Sole Member
        indirect · owns 75% or more of Apollo Hybrid Value Capital Management, LLC
      • Aph Holdings, L.P. · Limited Partner
        indirect · owns 25% to 50% of Apollo Hybrid Value Advisors L.P.
      • Apo Corp. · Sole Shareholder
        indirect · owns 75% or more of Apollo Principal Holdings A Gp, Ltd.
      • Apollo Asset Management, Inc · Sole Member
        indirect · owns 75% or more of Apo Corp. · public reporting company
      • Apollo Hybrid Value Advisors L.P. · General Partner
        indirect · owns F of Ap Violet, L.P.
      • Apollo Hybrid Value Advisors, L.P · General Partner
        indirect · owns F of Apollo Hybrid Value Credit Holdings, L.P
      • Apollo Hybrid Value Advisors, L.P · General Partner
        indirect · owns F of Apollo Hybrid Value Fund, L.P
      • Apollo Hybrid Value Capital Management, LLC · General Partner
        indirect · owns F of Apollo Hybrid Value Advisors L.P.
      • Apollo Hybrid Value Credit Holdings, L.P · Limited Partner
        indirect · owns 50% to 75% of Ap Violet, L.P.
      • Apollo Hybrid Value Fund, L.P · Limited Partner
        indirect · owns 50% to 75% of Apollo Hybrid Value Credit Holdings, L.P
      • Apollo Principal Holdings A Gp, Ltd. · Gp/Sole LP
        indirect · owns 75% or more of Aph Holdings, L.P.
      • Athora Lebensversicherung Ag · Limited Partner
        indirect · owns 50% to 75% of Athora Lux Invest S.C. Sp
      • Athora Belgium S.A./N.V · Limited Partner
        indirect · owns 25% to 50% of Athora Lux Invest S.C. Sp
      • Athora Deutschland Gmbh · Shareholder
        indirect · owns 75% or more of Athora Lebensversicherung Ag
      • Athora Deutschland Holding Gmbh & Co Kg · Member
        indirect · owns 75% or more of Athora Deutschland Gmbh
      Related persons
      Schedule D 7.A
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 5 to 21
        Feb 24, 2025 to Jan 28, 2026
      • Discretionary RAUM · $9.8B to $16B
        Feb 24, 2025 to Jan 28, 2026
      • RAUM · $9.8B to $16B
        Feb 24, 2025 to Jan 28, 2026
      • Related adviser · false to true
        Feb 24, 2025 to Jan 28, 2026
      • Related bank · false to true
        Feb 24, 2025 to Jan 28, 2026
      • Advisory employees · 2 to 3
        Oct 18, 2024 to Feb 24, 2025
      • Employees · 10 to 12
        Oct 18, 2024 to Feb 24, 2025
      • Financial planning clients · 0 to 0
        Oct 18, 2024 to Feb 24, 2025
      • Discretionary RAUM · $9.7B to $9.8B
        Oct 18, 2024 to Feb 24, 2025
      • RAUM · $9.7B to $9.8B
        Oct 18, 2024 to Feb 24, 2025
      • Accounts · 0 to 5
        May 24, 2024 to Sep 17, 2024
      • Employees · 9 to 10
        May 24, 2024 to Sep 17, 2024
      • Discretionary RAUM · $0 to $9.7B
        May 24, 2024 to Sep 17, 2024
      • RAUM · $0 to $9.7B
        May 24, 2024 to Sep 17, 2024
      Signals
      2 dated events
      • Venerable Investment Advisers, Llc reported RAUM $16.3B, up 66% from $9.8B (2025-02-24 to 2026-01-28)
        Jan 28, 2026 · RAUM change · derived
      • Venerable Investment Advisers, Llc filed its initial SEC registration (Form ADV)
        May 17, 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
      Principal office phone
      610-249-2916reportedpublic record, Form ADV, Jul 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026