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

E•••••• I••••••••• A•••••••• L••

Other adviserLeola, PennsylvaniaCRD 338769SEC 801-134558websiteIAPD
Latest filing Jan 30, 2026
First filing on the tape Sep 15, 2025 · 2 filings
SEC status approved since Nov 17, 2025
RAUM
$2.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
5.1%
$116M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
12
12 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
2 filings and snapshots on the tape
RAUM$2.3B as of Jan 30, 2026
Sep 15, 2025$0 then
HNW client RAUM$106M as of Jan 30, 2026
Sep 15, 2025$0 then
State-registered IARs (5.B.3)0 as of Jan 30, 2026
Sep 15, 20250 then
Employees (5.A)12 as of Jan 30, 2026
Sep 15, 20254 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Jan 30, 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
$1.5MderivedHNW RAUM over HNW clients
Average account
$12.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
15%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 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 assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Wrap fee program
participatesreportedItem 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
  • 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
  • Other investment advisers$392M40%
  • Pension and profit-sharing plans$264M27%
  • High-net-worth individuals$106M11%
  • Investment companies$85.8M8.8%
  • Charitable organizations$69.2M7.1%
  • Corporations and businesses$32.7M3.3%
  • State and municipal entities$15.2M1.6%
  • Individuals$10.3M1.0%
  • Banks and thrifts$3.9M0.4%
Individual clients
23reported
HNW clients
69reported
Pension plan clients
25reported
Charitable clients
32reported
Accounts
189reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $1.3B managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.05 fund_share=0.21 institutional_share=0.15 related_bd=false related_bank=false 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
      • M••••• K••••••• G••••• · President, Chief Investment Officercontrol
        since 09/2025 · owns less than 5%
      • V••••• D••••• A••• · Managing Directorcontrol
        since 09/2025 · owns less than 5%
      • M•••••• J••••• A••••• · Chief Compliance Officer
        since 03/2005 · owns less than 5%
      Entity owners
      • E•••••• A•••••••• L•• · Direct Owner
        direct · 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
      2 against comparable advisers; where to look, not conclusions
      • business activity changedChange between filings · filing Jan 30, 2026
        portfolio management for pooled vehicles (Item 5.G.4): no on the filing of 2025-09-15, yes on the filing of 2026-01-30
        peers: other advisers, $1B to $5B (247)
      • business activity changedChange between filings · filing Jan 30, 2026
        wrap fee program participation (Item 5.I): no on the filing of 2025-09-15, yes on the filing of 2026-01-30
        peers: other advisers, $1B to $5B (247)
      What changed
      consecutive filings, newest first
      • Accounts · 0 to 189
        Sep 15, 2025 to Jan 30, 2026
      • Advisory employees · 2 to 12
        Sep 15, 2025 to Jan 30, 2026
      • Advisory activities · 1 to 4
        Sep 15, 2025 to Jan 30, 2026
      • Charity clients · unset to 32.0
        Sep 15, 2025 to Jan 30, 2026
      • Corporate clients · unset to 12.0
        Sep 15, 2025 to Jan 30, 2026
      • HNW clients · unset to 69.0
        Sep 15, 2025 to Jan 30, 2026
      • Individual clients · unset to 23.0
        Sep 15, 2025 to Jan 30, 2026
      • Pension plan clients · unset to 25.0
        Sep 15, 2025 to Jan 30, 2026
      • Pooled vehicle clients · unset to 0.0
        Sep 15, 2025 to Jan 30, 2026
      • Employees · 4 to 12
        Sep 15, 2025 to Jan 30, 2026
      • Other offices · 0 to 1
        Sep 15, 2025 to Jan 30, 2026
      • Discretionary RAUM · $0 to $2.3B
        Sep 15, 2025 to Jan 30, 2026
      • HNW RAUM · $0 to $106M
        Sep 15, 2025 to Jan 30, 2026
      • Individual RAUM · $0 to $10.3M
        Sep 15, 2025 to Jan 30, 2026
      • Pension RAUM · $0 to $264M
        Sep 15, 2025 to Jan 30, 2026
      • Pooled vehicle RAUM · 0.0 to unset
        Sep 15, 2025 to Jan 30, 2026
      • RAUM · $0 to $2.3B
        Sep 15, 2025 to Jan 30, 2026
      • Wrap assets (manager) · unset to 1283687302.0
        Sep 15, 2025 to Jan 30, 2026
      • Wrap assets (sponsor) · unset to 0.0
        Sep 15, 2025 to Jan 30, 2026
      Signals
      1 dated events
      • Kenneth George Mertz, registered through E•••••• A•••••••• L•• (Lancaster, PA), is a direct owner of E•••••• I••••••••• A•••••••• L••, an adviser first registered 2025-09-15
        Sep 15, 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
      Website
      t•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      717-556-8900reportedpublic record, Form ADV, Jan 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
      Other adviserderiveda 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