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
Vanguard Portfolio Management, LLC
Latest filing Jul 17, 2026
First filing on the tape Sep 30, 2025 · 5 filings
SEC status approved since Nov 19, 2025
RAUM
$2656B
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
105
105 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$2656B as of Jul 17, 2026
Sep 30, 2025$0 then
HNW client RAUM$0 as of Jul 17, 2026
Sep 30, 2025$0 then
State-registered IARs (5.B.3)0 as of Jul 17, 2026
Sep 30, 20250 then
Employees (5.A)105 as of Jul 17, 2026
Sep 30, 20257 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Jul 17, 2026; every figure names its basis
- 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
- $26BderivedRAUM 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
- unknownderived3 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
- portfolio management for investment companies, selection of other advisersreportedItem 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
- 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$2656B100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 101reported
- 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=true related_bank=true bd_reps=0.0derived
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
- Mary Jacqueline Angell · Chief Compliance Officercontrolsince 07/2025 · owns less than 5%
- Bankston Carolyn Cross · Managercontrolsince 09/2025 · owns less than 5%
- Wayne Brian Dvorak · Manager Investment Officercontrolsince 09/2025 · owns less than 5%
- Paul Matthew Mccarthy · Managercontrolsince 09/2025 · owns less than 5%
- Edward John Schadl · Managercontrolsince 09/2025 · owns less than 5%
- Ann Carrie Simons · Chief Financial Officercontrolsince 03/2026 · owns less than 5%
Entity owners
- Vanguard Group Inc · Activedirect · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- unusually large average accountStatic outlier · filing Jul 17, 2026RAUM per account of $26,301,816,930 against a peer median of $426,672,517 (326 comparable advisers, 99.0th percentile, 84.9 robust deviations)peers: asset managers, $20B and over (326) · 99% percentile
What changed
consecutive filings, newest first
- Accounts · 0 to 101Dec 22, 2025 to Mar 30, 2026
- Advisory employees · 1 to 105Dec 22, 2025 to Mar 30, 2026
- BD registered reps · 3 to 0Dec 22, 2025 to Mar 30, 2026
- Employees · 7 to 105Dec 22, 2025 to Mar 30, 2026
- Other offices · 1 to 2Dec 22, 2025 to Mar 30, 2026
- Discretionary RAUM · $0 to $2656BDec 22, 2025 to Mar 30, 2026
- RAUM · $0 to $2656BDec 22, 2025 to Mar 30, 2026
Signals
1 dated events
- Carolyn Bankston Cross, registered through Vanguard Advisers, Inc. (Malvern, PA), is a direct owner of Vanguard Portfolio Management, LLC, an adviser first registered 2025-09-30; in 2023-2025, 171 of 213 such owners registered at this class of firm moved to the new adviser within a year, median 75 days after the filingSep 30, 2025 · Owner of a newly registered adviser · 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
- 610-669-1000reportedpublic record, Form ADV, Jul 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
- 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