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

Advisors Asset Management, Inc.

Wealth manager with institutional or fund businessMonument, ColoradoCRD 46727SEC 801-62731websiteIAPD
Latest filing Aug 13, 2026
First filing on the tape Mar 27, 2012 · 46 filings
SEC status approved since Feb 6, 2004
RAUM
$2.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
32%
$700M individuals and HNW
Advisors
125
registered through the firm on IAPD
RAUM per advisor
$17.7M
derived; firm RAUM over IAPD count
Employees
255
42 advisory (5.B.1)
Offices
8
beyond the principal office
Private funds
1
reported on Schedule D
History
46 filings and snapshots on the tape
RAUM$2.2B as of Aug 13, 2026
Mar 27, 2012$386M then
HNW client RAUM$314M as of Aug 13, 2026
Mar 30, 2018$215M then
State-registered IARs (5.B.3)137 as of Aug 13, 2026
Mar 13, 2013169 then
Employees (5.A)255 as of Aug 13, 2026
Mar 13, 2013275 then
Private funds1 as of Aug 13, 2026
Mar 31, 20261 then
RAUM +13% over the last fiscal year-16% a year over threeIARs 144 to 137
Practice profile
derived from the filing of Aug 13, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
  • Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
RAUM per advisor
$17.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
12derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$1.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
13.9derived9 offices incl. principal (1.F.5)
RAUM growth, one year
+13%derivedbetween the last two annual amendments
Advisor growth, one year
-4.9%derivedItem 5.B.3 between annual amendments
Client growth, one year
-5.5%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, otherreportedItem 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
  • is a broker-dealer (6.A.1)
  • 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
  • Investment companies$1.4B63%
  • Individuals$386M17%
  • High-net-worth individuals$314M14%
  • Corporations and businesses$58.5M2.6%
  • Pooled investment vehicles$44.6M2.0%
  • Pension and profit-sharing plans$4.1M0.2%
  • Charitable organizations$2.1M0.1%
Individual clients
1,314reported
HNW clients
125reported
Pension plan clients
6reported
Charitable clients
3reported
Accounts
1,505reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $608M managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.32 fund_share=0.65 institutional_share=0.0 related_bd=true related_bank=true bd_reps=198.0derived
Advisors registered through the firm
126 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Christopher Thomas GenoveseMelville, NyOct 26, 200433 y0
Suzanne Lynn FletcherPrinceton, Nj Oct 26, 200426 y0
Matthew William LloydMonument, CoDec 3, 200432 y0
Seth Adam FranckMonument, CoJun 2, 200524 y0
Jeremiah GoldenBoerne, TxJun 2, 200522 y0
John Zoltan SzalayBoerne, TxJul 12, 200525 y0
Lesley Rubino CostalesBoerne, Tx Aug 1, 200626 y0
Brian Wayne GilbertMonument, CoSep 25, 200637 y0
Francesco Poggi LeighPrinceton, Nj Jan 3, 200719 y0
Frank J VidakovicsMonument, CoMar 6, 200723 y1
Inger Margit JansenHillsborough, Nc Mar 21, 200727 y2
Edward Anthony WhiteBoerne, TxMay 17, 200719 y0
Daniel Martin SwallowAudubon, Nj Jul 2, 200734 y2
John Richard DevriesPhiladelphia, Pa Jul 3, 200732 y2
Peter Joseph CatalanoScottsdale, Az Jul 16, 200729 y2
Michael Thomas LandrumBoerne, TxSep 4, 200719 y0
Kenneth Eshon GirdyBoerne, TxMar 17, 200822 y0
Donald Osborn HobartCharlotte, NcApr 16, 200833 y1
Brian Henry BeyerBoerne, TxMay 28, 200819 y1
Adam Davis MayerPrinceton, Nj Jun 30, 200827 y0
Angelique Inez AlvaradoBoerne, TxNov 19, 200827 y0
Brandon S HoyosPrinceton, Nj Dec 17, 200819 y0
Andrew Stuart ZimmermanBoca Raton, Fl Mar 11, 200921 y1
David Ray SeibertNew York, Ny Mar 31, 200925 y1
John Bradley RuebsahmBoerne, TxApr 24, 200921 y3
George Cordell EasterPrinceton, NjJul 21, 200920 y1
Brad Ryan BrondsemaLisle, IlOct 1, 200922 y1
Timothy John StoklosaPrinceton, NjOct 21, 200917 y0
Jacob Robert JohnstonLisle, IlOct 26, 200918 y1
David Terry GingrichBoerne, TxJan 4, 201018 y0
Mark B ColeCharlotte, NcJun 1, 201028 y1
Jacobus Johannes VisserBoerne, Tx Aug 2, 201031 y0
Jennifer Lynn Van AlstyneBoerne, TxSep 7, 201025 y1
Lisa Mary CobbanSandwich, Ma Jun 30, 201138 y0
Tracy Monroe NolteChartered Financial AnalystBoerne, TxOct 18, 201130 y0
Gregory Brian ClarkinPrinceton, Nj Jan 8, 201324 y2
Tomer Daniel YabrovWoodland Hills, Ca Feb 13, 201326 y4
Matthew Daniel WilkePrinceton, Nj Sep 3, 201320 y3
Brad SchultheisMonument, CoNov 6, 201321 y1
Richard Shane JohnsonPrinceton, Nj Jan 23, 201424 y6
All 126 advisors at Advisors Asset Management, Inc.
Advisor movement
14 left, 9 joined in 12 months
net -5 in 12 months3 left in 90 days3 joined in 90 daysdeparture rate 11% of current headcount31 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Aam / Wilshire Infrastructure Fund LP$44.6M100Aug 13, 2026
Owners and control persons
Schedule A and B, latest filing
  • Lisa Anne Colyer · Exec. Vp/Directorcontrol
    since 01/2008 · owns less than 5%
  • Scott Irvin Colyer · Chairman/Chief Executive Officer/Directorcontrol
    since 01/2008 · owns less than 5%
  • Clifford Dean Corso · Chief Executive Officer/Chief Investment Officer/Directorcontrol
    since 06/2021 · owns less than 5%
  • Bart Patrick Daniel · Chief Technology Officer/Directorcontrol
    since 03/2013 · owns less than 5%
  • Marilee Ferone · Exec. Vpcontrol
    since 12/2020 · owns less than 5%
  • Christopher Thomas Genovese · Exec. Vp/Directorcontrol
    since 01/2008 · owns less than 5%
  • Brian Wayne Gilbert · Sr. Vpcontrol
    since 10/2012 · owns less than 5%
  • Matthew William Lloyd · Chief Investment Strategist/Exec. Vp/Directorcontrol
    since 07/2015 · owns less than 5%
  • Alex Robert Meitzner · Sr. Vpcontrol
    since 01/2008 · owns less than 5%
  • Jeffrey Kurtis Opie · Exec. Vp, Chief Financial Officercontrol
    since 11/2016 · owns less than 5%
  • Charles Edward Sickles · Exec. Vpcontrol
    since 10/2018 · owns less than 5%
  • Richard Alan Stewart · Exec. Vpcontrol
    since 07/2015 · owns less than 5%
  • Timothy John Stoklosa · Exec. Vp, Chief Operating Officercontrol
    since 06/2018 · owns less than 5%
  • John Edwin Webber · Svp, Chief Compliance Officer/Secretarycontrol
    since 08/2011 · owns less than 5%
  • Lisa Anne Colyer · Co-Manager Of Common Shareholdercontrol
    since 12/2012 · owns F of S&Lc Family LLC
  • Lisa Anne Colyer · Co-Trustee Of Member Of Common Shareholdercontrol
    since 12/2012 · owns F of S&Lc Living Trust
  • Scott Irvin Colyer · Co-Manager Of Common Shareholdercontrol
    since 12/2012 · owns F of S&Lc Family LLC
  • Scott Irvin Colyer · Co-Trustee Of Member Of Common Shareholdercontrol
    since 12/2012 · owns F of S&Lc Living Trust
Entity owners
  • Aam Holdings, Inc · Shareholder
    direct · owns 75% or more
  • J2kdls Irrevocable Trust · Member Of Common Shareholder
    indirect · owns 50% to 75% of S&Lc Family LLC
  • S&Lc Family LLC · Common Shareholder
    indirect · owns 25% to 50% of Aam Holdings, Inc
  • S&Lc Living Trust · Member Of Common Shareholder
    indirect · owns 25% to 50% of S&Lc Family LLC
  • South Dakota Trust Company, LLC · Trustee Of Member Of Common Shareholder
    indirect · owns F of J2kdls Irrevocable Trust
  • Sun Life (U.S.) Holdco 2020, Inc. · Shareholder
    indirect · owns 50% to 75% of Aam Holdings, Inc
  • Sun Life 2007-1 Financing Corp. · Shareholder
    indirect · owns 75% or more of Sun Life Assurance Company Of Canada - U.S. Operations Holdings, Inc.
  • Sun Life Assurance Company Of Canada - U.S. Operations Holdings, Inc. · Shareholder
    indirect · owns 75% or more of Sun Life (U.S.) Holdco 2020 Inc.
  • Sun Life Financial Inc. · Shareholder
    indirect · owns 75% or more of Sun Life Global Investments Inc. · public reporting company
  • Sun Life Global Investments Inc. · Shareholder
    indirect · owns 75% or more of Sun Life 2007-1 Financing Corp.
Related persons
Schedule D 7.A
Advisers that list Advisors Asset Management, Inc. as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Princeton, Nj5251
Boerne, Tx2222
Boca Raton, Fl1742
Monument, Co · principal800
New York, Ny820
Lisle, Il813
Melville, Ny500
Charlotte, Nc401
Palatine, Il210
Lutz, Fl200
Wichita, Ks200
San Diego, Ca101
Chicago, Il100
Nashville, Tn110
The Colony, Tx000
Vista, Ca001
Dublin, Oh001
Northlake, Tx000
Glastonbury, Ct000
Grand Rapids, Mi000
Offices
Schedule D 1.F, the 25 largest
  • Boerne, TX9 employees
  • Princeton, NJ8 employees
  • Wichita, KS6 employees
  • Lisle, IL6 employees
  • New York, NY5 employees
  • Charlotte, NC3 employees
  • Boca Raton, FL2 employees
  • Melville, NY1 employees
  • , 1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Aug 13, 2026
    COLYER, LISA ANNE (EXEC. VP/DIRECTOR) left Schedule A between the filings of 2023-03-10 and 2026-08-13
    peers: independent wealth managers, $1B to $5B (1,360)
  • control person changedChange between filings · filing Aug 13, 2026
    COLYER, SCOTT IRVIN (CHAIRMAN/CHIEF EXECUTIVE OFFICER/DIRECTOR) left Schedule A between the filings of 2023-03-10 and 2026-08-13
    peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
  • Accounts · 1,591 to 1,505
    Jun 27, 2025 to Mar 31, 2026
  • Advisory employees · 51 to 42
    Jun 27, 2025 to Mar 31, 2026
  • BD registered reps · 208 to 198
    Jun 27, 2025 to Mar 31, 2026
  • Charity clients · 4 to 3
    Jun 27, 2025 to Mar 31, 2026
  • Corporate clients · 50 to 45
    Jun 27, 2025 to Mar 31, 2026
  • HNW clients · 123 to 125
    Jun 27, 2025 to Mar 31, 2026
  • Individual clients · 1,399 to 1,314
    Jun 27, 2025 to Mar 31, 2026
  • Pooled vehicle clients · 0 to 1
    Jun 27, 2025 to Mar 31, 2026
  • Employees · 274 to 255
    Jun 27, 2025 to Mar 31, 2026
  • State-registered IARs · 144 to 137
    Jun 27, 2025 to Mar 31, 2026
  • Private funds · unset to 1
    Jun 27, 2025 to Mar 31, 2026
  • Discretionary RAUM · $2.0B to $2.2B
    Jun 27, 2025 to Mar 31, 2026
  • HNW RAUM · $322M to $314M
    Jun 27, 2025 to Mar 31, 2026
  • Individual RAUM · $401M to $386M
    Jun 27, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $1.2M to $1.3M
    Jun 27, 2025 to Mar 31, 2026
  • Pension RAUM · $3.6M to $4.1M
    Jun 27, 2025 to Mar 31, 2026
  • Pooled vehicle RAUM · $0 to $44.6M
    Jun 27, 2025 to Mar 31, 2026
  • RAUM · $2.0B to $2.2B
    Jun 27, 2025 to Mar 31, 2026
  • Wrap assets (manager) · $587M to $608M
    Jun 27, 2025 to Mar 31, 2026
  • Financial planning clients · 0 to 0
    Apr 30, 2025 to Jun 27, 2025
  • Accounts · 1,767 to 1,591
    Jul 29, 2024 to Apr 30, 2025
  • Advisory employees · 49 to 51
    Jul 29, 2024 to Apr 30, 2025
  • BD registered reps · 205 to 208
    Jul 29, 2024 to Apr 30, 2025
  • Charity clients · 2 to 4
    Jul 29, 2024 to Apr 30, 2025
  • Corporate clients · 53 to 50
    Jul 29, 2024 to Apr 30, 2025
  • HNW clients · 110 to 123
    Jul 29, 2024 to Apr 30, 2025
  • Individual clients · 1,310 to 1,399
    Jul 29, 2024 to Apr 30, 2025
  • Employees · 272 to 274
    Jul 29, 2024 to Apr 30, 2025
  • Other offices · 9 to 8
    Jul 29, 2024 to Apr 30, 2025
  • Discretionary RAUM · $3.8B to $2.0B
    Jul 29, 2024 to Apr 30, 2025
  • HNW RAUM · $268M to $322M
    Jul 29, 2024 to Apr 30, 2025
  • Individual RAUM · $365M to $401M
    Jul 29, 2024 to Apr 30, 2025
  • Non-discretionary RAUM · $3.9M to $1.2M
    Jul 29, 2024 to Apr 30, 2025
  • Pension RAUM · $3.1M to $3.6M
    Jul 29, 2024 to Apr 30, 2025
  • RAUM · $3.9B to $2.0B
    Jul 29, 2024 to Apr 30, 2025
  • Wrap assets (manager) · $588M to $587M
    Jul 29, 2024 to Apr 30, 2025
  • Accounts · 1,634 to 1,767
    Jun 30, 2023 to Mar 28, 2024
  • Advisory employees · 48 to 49
    Jun 30, 2023 to Mar 28, 2024
  • BD registered reps · 187 to 205
    Jun 30, 2023 to Mar 28, 2024
  • Corporate clients · 48 to 53
    Jun 30, 2023 to Mar 28, 2024
Signals
60 dated events
  • Jeffrey Paul Nizzardo registered as an investment adviser representative at Advisors Asset Management, Inc.
    Sep 16, 2026 · Advisor registered · fact
  • Thomas P Higgins left Advisors Asset Management, Inc. for Rbc Capital Markets, Llc (registered 2026-08-06)
    Aug 7, 2026 · Advisor changed firm · fact
  • Daric Hugh Olson left Advisors Asset Management, Inc. for Pcm Encore, Llc (registered 2026-09-10)
    Jul 8, 2026 · Advisor changed firm · fact
  • Hayes Patrick Griffin left Advisors Asset Management, Inc. for Cetera Investment Advisers Llc (registered 2026-07-13)
    Jun 29, 2026 · Advisor changed firm · fact
  • Terence Riordan Ward left Advisors Asset Management, Inc. for Parnassus Investments, Llc (registered 2026-07-16)
    Jun 17, 2026 · Advisor changed firm · fact
  • Jonah Marcus Beauduy left Advisors Asset Management, Inc. for Raymond James & Associates, Inc. (registered 2026-04-22)
    Apr 13, 2026 · Advisor changed firm · fact
  • Tonio Crudele left Advisors Asset Management, Inc. for Zacks Investment Management, Inc. (registered 2026-03-26)
    Mar 18, 2026 · Advisor changed firm · fact
  • James Albert Tietze left Advisors Asset Management, Inc. for Northern Capital Securities Corporation (registered 2026-03-16)
    Mar 3, 2026 · Advisor changed firm · fact
  • Dennis Alan Macdonald left Advisors Asset Management, Inc. for Amplify Etfs (registered 2026-08-10)
    Feb 5, 2026 · Advisor changed firm · fact
  • Jared Ross Fischer left Advisors Asset Management, Inc. for Raymond James Financial Services Advisors, Inc (registered 2026-02-12)
    Feb 5, 2026 · Advisor changed firm · fact
  • Thomas Leslie Sherwood left Advisors Asset Management, Inc. for Swbc Investment Company (registered 2026-01-06)
    Jan 8, 2026 · Advisor changed firm · fact
  • Philip Martini left Advisors Asset Management, Inc. for J.P. Morgan Securities Llc (registered 2025-12-17)
    Dec 1, 2025 · Advisor changed firm · fact
  • Steven John Majoris left Advisors Asset Management, Inc. for Wells Fargo Investment Institute, Inc. (registered 2025-11-17)
    Nov 11, 2025 · Advisor changed firm · fact
  • Jason Benton Stewart left Advisors Asset Management, Inc. for Atalanta Sosnoff Management, Llc (registered 2026-03-24)
    Oct 28, 2025 · Advisor changed firm · fact
  • Morgan Elizabeth Tedesco left Advisors Asset Management, Inc. for Nuveen Asset Management, Llc (registered 2025-10-16)
    Oct 9, 2025 · Advisor changed firm · fact
  • Charles R Miller left Advisors Asset Management, Inc. for T. Rowe Price Associates, Inc. (registered 2026-02-06)
    Aug 12, 2025 · Advisor changed firm · fact
  • Kenneth Troy Evans left Advisors Asset Management, Inc. for Raymond James Investment Management (registered 2025-09-05)
    Jul 29, 2025 · Advisor changed firm · fact
  • Michael Day left Advisors Asset Management, Inc. for Touchstone Advisors Inc (registered 2025-07-02)
    Jun 9, 2025 · Advisor changed firm · fact
  • Advisors Asset Management, Inc. reported RAUM $2.0B, down 49% from $3.9B (2024-07-29 to 2025-04-30)
    Apr 30, 2025 · RAUM change · derived
  • Steven Erwin Flewelling left Advisors Asset Management, Inc. for Cumberland Advisors (registered 2025-09-24)
    Apr 4, 2025 · Advisor changed firm · fact
  • David T. Kuzia left Advisors Asset Management, Inc. for Raymond James Investment Management (registered 2025-06-06)
    Apr 4, 2025 · Advisor changed firm · fact
  • Christopher Robert Dewlen left Advisors Asset Management, Inc. for Swbc Investment Company (registered 2025-09-09)
    Apr 4, 2025 · Advisor changed firm · fact
  • Brandon Locke Daniels left Advisors Asset Management, Inc. for Victory Capital Management Inc. (registered 2025-10-02)
    Apr 4, 2025 · Advisor changed firm · fact
  • Ami Vastupal Shah left Advisors Asset Management, Inc. for Sterling Capital Management Llc (registered 2025-05-07)
    Mar 20, 2025 · Advisor changed firm · fact
  • Jose Dejesus Cervantes left Advisors Asset Management, Inc. for Easterly Investment Partners Llc (registered 2026-04-16)
    Mar 20, 2025 · Advisor changed firm · fact
  • Derek William Januario left Advisors Asset Management, Inc. for Amplify Etfs (registered 2026-08-04)
    Nov 19, 2024 · Advisor changed firm · fact
  • Richard G Jaeger left Advisors Asset Management, Inc. for Guggenheim Investments (registered 2024-11-07)
    Sep 9, 2024 · Advisor changed firm · fact
  • Jason Bruce Hagemann left Advisors Asset Management, Inc. for Avantax Advisory Services (registered 2024-07-31)
    Aug 5, 2024 · Advisor changed firm · fact
  • Robert John Kruse left Advisors Asset Management, Inc. for Lpl Financial Llc (registered 2024-10-29)
    Aug 5, 2024 · Advisor changed firm · fact
  • James Robert Costas (Exec. Vp/Director) no longer on Schedule A of Advisors Asset Management, Inc. (listed 2024-05-21, absent 2024-07-29)
    Jul 29, 2024 · Control person left · inference
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/advisors-asset-management-inc-reportedpublic record, Form ADV, Sep 17, 2026
Website
wistia.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
719-488-9956reportedpublic record, Form ADV, Aug 13, 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
Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
RAUM per advisor
$17.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026