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
Causey Public Finance
Legal name Causey Public Finance LLC
Latest filing Mar 25, 2026
First filing on the tape Jul 26, 2024 · 4 filings
SEC status approved since Aug 30, 2024
RAUM
$431M
reported, Item 5.F
Discretionary
46%
of RAUM
Private clients
1.8%
$8.0M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$431M
derived; firm RAUM over IAPD count
Employees
16
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
4 filings and snapshots on the tape
RAUM$431M as of Mar 25, 2026
Mar 25, 2025$416M then
HNW client RAUM$8.0M as of Mar 25, 2026
Mar 25, 2025$7.6M then
State-registered IARs (5.B.3)0 as of Mar 25, 2026
Mar 25, 20250 then
Employees (5.A)16 as of Mar 25, 2026
Mar 25, 202515 then
Private funds: no history
RAUM +3.6% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
- Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $431MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.3MderivedHNW RAUM over HNW clients
- Average account
- $6.6MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 46%derivedof RAUM
- Institutional
- 98%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 16.0derivedItem 5.A over advisors
- Advisors per office
- 0.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +3.6%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 assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- State and municipal entities$423M98%
- High-net-worth individuals$8.0M1.8%
- Individual clients
- n/areported
- HNW clients
- 6reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 65reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.02 fund_share=0.0 institutional_share=0.98 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Dino Zepcan | Denver, Co | Jan 13, 2025 | 10 y | 0 |
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 100% of current headcount1 left over 36 months
Left, latest
- Andrew Alexander Mathes to Fai Capital ManagementAug 11, 2026 · Other
Joined, latest
- Andrew Alexander Mathes from Causey Demgen & Moore P.C.Oct 22, 2024 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Alan Heath Borer · Membercontrolsince 07/2024 · owns 25% to 50%
- Michael Justin Greaser · Membercontrolsince 07/2024 · owns 25% to 50%
- Douglas William Glasso · Membersince 07/2024 · owns less than 5%
- Dino Zepcan · Member & Chief Compliance Officersince 07/2024 · owns less than 5%
Related persons
Schedule D 7.A
- Causey Demgen & Moore P.C.investment adviseryRAUM $436M
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Denver, Co | 1 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
- Denver, CO15 employees
What changed
consecutive filings, newest first
- Accounts · 68 to 65Mar 25, 2025 to Mar 25, 2026
- Advisory employees · 10 to 2Mar 25, 2025 to Mar 25, 2026
- HNW clients · 9 to 6Mar 25, 2025 to Mar 25, 2026
- Individual clients · 3.0 to unsetMar 25, 2025 to Mar 25, 2026
- Employees · 15 to 16Mar 25, 2025 to Mar 25, 2026
- Discretionary RAUM · $214M to $199MMar 25, 2025 to Mar 25, 2026
- HNW RAUM · $7.6M to $8.0MMar 25, 2025 to Mar 25, 2026
- Individual RAUM · 657937.0 to unsetMar 25, 2025 to Mar 25, 2026
- Non-discretionary RAUM · $201M to $232MMar 25, 2025 to Mar 25, 2026
- RAUM · $416M to $431MMar 25, 2025 to Mar 25, 2026
- Accounts · 72 to 68Aug 28, 2024 to Mar 25, 2025
- Individual clients · 1 to 3Aug 28, 2024 to Mar 25, 2025
- Financial planning clients · unset to Aug 28, 2024 to Mar 25, 2025
- HQ city · unset to Aug 28, 2024 to Mar 25, 2025
- HQ state · unset to Aug 28, 2024 to Mar 25, 2025
- Discretionary RAUM · $246M to $214MAug 28, 2024 to Mar 25, 2025
- HNW RAUM · $7.5M to $7.6MAug 28, 2024 to Mar 25, 2025
- Individual RAUM · $111,581 to $657,937Aug 28, 2024 to Mar 25, 2025
- Non-discretionary RAUM · $1.1B to $201MAug 28, 2024 to Mar 25, 2025
- RAUM · $1.4B to $416MAug 28, 2024 to Mar 25, 2025
- Other offices · 0 to 1Jul 26, 2024 to Aug 28, 2024
- Related adviser · false to trueJul 26, 2024 to Aug 28, 2024
Signals
3 dated events
- Andrew Alexander Mathes left Causey Public Finance for Fai Capital Management (registered 2026-08-14)Aug 11, 2026 · Advisor changed firm · fact
- Causey Public Finance reported RAUM $415.8M, down 70% from $1.4B (2024-08-28 to 2025-03-25)Mar 25, 2025 · RAUM change · derived
- Causey Public Finance filed its initial SEC registration (Form ADV)Jul 26, 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
- Website
- CAUSEYPF.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 720-669-3358reportedpublic record, Form ADV, Mar 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
- Institutional managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $431Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026