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
M•••••••• F•••••••• A••••••••• L••
Latest filing Mar 30, 2026
First filing on the tape Jun 20, 2025 · 5 filings
SEC status approved since Jun 26, 2025
RAUM
$654M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$634M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$81.8M
derived; firm RAUM over IAPD count
Employees
12
7 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
5 filings and snapshots on the tape
RAUM$654M as of Mar 30, 2026
Jun 20, 2025$0 then
HNW client RAUM$459M as of Mar 30, 2026
Oct 23, 2025$403M then
State-registered IARs (5.B.3)7 as of Mar 30, 2026
Jun 20, 20251 then
Employees (5.A)12 as of Mar 30, 2026
Jun 20, 20251 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Mar 30, 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
- 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
- Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
- RAUM per advisor
- $81.8MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 77derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.5MderivedHNW RAUM over HNW clients
- Average account
- $329,222derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 1.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 2.7derived3 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, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Wrap fee program
- $607MreportedItem 5.I
- 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$459M70%
- Individuals$175M27%
- Corporations and businesses$10.2M1.6%
- Pension and profit-sharing plans$7.3M1.1%
- State and municipal entities$2.4M0.4%
- Other investment advisers$562,0860.1%
- Individual clients
- 433reported
- HNW clients
- 185reported
- Pension plan clients
- 18reported
- Charitable clients
- n/areported
- Accounts
- 1,988reported
- Financial planning clients
- 0reported
- Wrap fee programs
- $0 sponsored, $0 managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.97 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| J•••••• A••• H••••••Certified Financial Planner | Macungie, Pa | Aug 3, 2025 | 15 y | 1 |
| J••••• R•••••• M•••••Chartered Financial Analyst | Macungie, Pa | Aug 3, 2025 | 18 y | 1 |
| M•••• S••••• S••••••• | Macungie, Pa | Aug 3, 2025 | 11 y | 3 |
| H•••• O• C•••••Certified Financial Planner | Macungie, Pa | Aug 3, 2025 | 11 y | 1 |
| D•••• S••••• C••••Certified Financial Planner, Chartered Financial Consultant | Macungie, Pa | Aug 4, 2025 | 29 y | 2 |
| J••• W• L••••••Certified Financial Planner, Chartered Financial Consultant | Macungie, Pa | Aug 4, 2025 | 22 y | 2 |
| J••••• T• P•••••Chartered Financial Consultant | Macungie, Pa | Mar 9, 2026 | 11 y | 0 |
| P••• A•••••• J••••••Certified Financial Planner | Macungie, Pa | Apr 9, 2026 | 13 y | 1 |
Advisor movement
1 left, 1 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 13% of current headcount1 left over 36 months
Left, latest
- A•••••••• J••••• J•••••••• to T••••••• W•••••Dec 11, 2025 · RIA to a state-registered adviser
Joined, latest
- P••• A•••••• J•••••• from V••••••• A•••••••• I•••Apr 9, 2026 · Affiliated broker-dealer or bank to independent RIA
- J••• W• L•••••• from C••••••••• F•••••••• N••••••Aug 4, 2025 · Affiliated broker-dealer or bank to a newly registered adviser
- D•••• S••••• C•••• from C••••••••• F•••••••• N••••••Aug 4, 2025 · Affiliated broker-dealer or bank to a newly registered adviser
- J••••• R•••••• M••••• from C••••••••• F•••••••• N••••••Aug 3, 2025 · Affiliated broker-dealer or bank to a newly registered adviser
- J•••••• A••• H•••••• from C••••••••• F•••••••• N••••••Aug 3, 2025 · Affiliated broker-dealer or bank to a newly registered adviser
- M•••• S••••• S••••••• from C••••••••• F•••••••• N••••••Aug 3, 2025 · Affiliated broker-dealer or bank to a newly registered adviser
- A•••••••• J••••• J•••••••• from C••••••••• F•••••••• N••••••Aug 3, 2025 · Affiliated broker-dealer or bank to a newly registered adviser
- H•••• O• C••••• from C••••••••• F•••••••• N••••••Aug 3, 2025 · Affiliated broker-dealer or bank to a newly registered adviser
Teams: two or more advisors moving together within fourteen days, from one state
- 6 joined from C••••••••• F•••••••• N••••••Jul 31, 2025 · Macungie, Pa
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
No Schedule A on the extract for this adviser.
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 |
|---|---|---|---|---|---|
| Macungie, Pa · principal | 8 | 2 | 1 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,822 to 1,988Oct 23, 2025 to Mar 30, 2026
- Corporate clients · 10 to 9Oct 23, 2025 to Mar 30, 2026
- HNW clients · 177 to 185Oct 23, 2025 to Mar 30, 2026
- Pension plan clients · 5 to 18Oct 23, 2025 to Mar 30, 2026
- Discretionary RAUM · $592M to $654MOct 23, 2025 to Mar 30, 2026
- HNW RAUM · $403M to $459MOct 23, 2025 to Mar 30, 2026
- Individual RAUM · $171M to $175MOct 23, 2025 to Mar 30, 2026
- Pension RAUM · $5.0M to $7.3MOct 23, 2025 to Mar 30, 2026
- RAUM · $592M to $654MOct 23, 2025 to Mar 30, 2026
- Accounts · 0 to 1,822Aug 3, 2025 to Oct 23, 2025
- Advisory employees · 1 to 7Aug 3, 2025 to Oct 23, 2025
- Corporate clients · unset to 10.0Aug 3, 2025 to Oct 23, 2025
- HNW clients · unset to 177.0Aug 3, 2025 to Oct 23, 2025
- Individual clients · unset to 433.0Aug 3, 2025 to Oct 23, 2025
- Pension plan clients · unset to 5.0Aug 3, 2025 to Oct 23, 2025
- Employees · 1 to 12Aug 3, 2025 to Oct 23, 2025
- Financial planning clients · 0 to 0Aug 3, 2025 to Oct 23, 2025
- State-registered IARs · 1 to 7Aug 3, 2025 to Oct 23, 2025
- Discretionary RAUM · $0 to $592MAug 3, 2025 to Oct 23, 2025
- HNW RAUM · unset to 402565388.0Aug 3, 2025 to Oct 23, 2025
- Individual RAUM · unset to 171238688.0Aug 3, 2025 to Oct 23, 2025
- Pension RAUM · unset to 5033899.0Aug 3, 2025 to Oct 23, 2025
- RAUM · $0 to $592MAug 3, 2025 to Oct 23, 2025
- Other offices · 0 to 2Jun 20, 2025 to Jul 29, 2025
Signals
2 dated events
- A•••••••• J••••• J•••••••• left M•••••••• F•••••••• A••••••••• L•• for T••••••• W••••• (registered 2026-01-02)Dec 11, 2025 · Advisor changed firm · fact
- 6 advisors left C••••••••• F•••••••• N•••••• (Macungie, PA) for M•••••••• F•••••••• A••••••••• L•• within 14 daysJul 31, 2025 · Team lift-out · derived
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
- service@m•••••••••.comreportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 610-421-8777reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 610-421-8811reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- milestonefa.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 6104218777reportedpublic record, Form ADV, Mar 30, 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
- $81.8Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026