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
Wilshire
Legal name Wilshire Advisors LLC
Latest filing Sep 2, 2026
First filing on the tape Mar 30, 2012 · 82 filings
SEC status approved since Mar 16, 1990
RAUM
$149B
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$149B
derived; firm RAUM over IAPD count
Employees
307
86 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
82 filings and snapshots on the tape
RAUM$149B as of Jul 1, 2026
Mar 30, 2012$80B then
HNW client RAUM$0 as of Aug 25, 2025
Mar 31, 2021$0 then
State-registered IARs (5.B.3)2 as of Jul 1, 2026
Apr 1, 20130 then
Employees (5.A)307 as of Jul 1, 2026
Apr 1, 2013314 then
Private funds93 as of Jul 1, 2026
Mar 30, 201257 then
RAUM +57% over the last fiscal year+16% a year over threeIARs 4 to 2
Practice profile
derived from the filing of Sep 2, 2026; every figure names its basis
Archetypes, each a printed rule
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $149BderivedRAUM 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
- $229,276derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 99%derivedof RAUM
- Institutional
- 7.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 307.0derivedItem 5.A over advisors
- Advisors per office
- 0.2derived6 offices incl. principal (1.F.5)
- RAUM growth, one year
- +57%derivedbetween the last two annual amendments
- Advisor growth, one year
- -50%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, fixed fees, performance-based, otherreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, pension consulting, selection of other advisers, publications, educational seminarsreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Custody
- $51B, 118 clientsreportedItem 9.A
- 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Other investment advisers$92B63%
- Pooled investment vehicles$42B28%
- Pension and profit-sharing plans$8.5B5.8%
- Investment companies$1.8B1.3%
- State and municipal entities$1.5B1.0%
- Charitable organizations$499M0.3%
- Sovereign wealth funds$49.2M0.0%
- Corporations and businesses$12,3480.0%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- 94,431reported
- Charitable clients
- 19reported
- Accounts
- 650,319reported
- Financial planning clients
- 0reported
- Wrap fee programs
- $0 sponsored, $2.8B managedreported
- Custody of client assets
- $51B for 118 clientsreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.91 institutional_share=0.07 related_bd=false related_bank=true bd_reps=17.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Suehyun Kim | Santa Monica, Ca | Dec 16, 2025 | 24 y | 2 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Mary Cunningham Short to John Hancock Investment Management LLCApr 5, 2017 · Other
Joined, latest
- Suehyun Kim from Cetera Investment Management LLCDec 16, 2025 · Other
- Mary Cunningham Short from Convergent Wealth Advisors, LLCSep 26, 2014 · Other
Private funds
160 reported on Schedule D 7.B.(1)
All funds of Wilshire
Owners and control persons
Schedule A and B, latest filing
- Elizabeth Emily Brown · Chief Financial Officercontrolsince 08/2022 · owns less than 5%
- Suh Moon Sandy Choi · General Counsel & Chief Compliance Officercontrolsince 06/2023 · owns less than 5%
- James Scott Condron · Chief Operating Officercontrolsince 03/2022 · owns less than 5%
- Moses Joshua Emanuel · Chief Investment Officercontrolsince 05/2015 · owns less than 5%
- Alexander Jason Schwarz · Deputy Chief Executive Officer And Presidentcontrolsince 01/2014 · owns less than 5%
- Roye Erin Simpson · Head Of Operations And Riskcontrolsince 01/2016 · owns less than 5%
- Robert Anthony Andrew Stewart · Chief Executive Officercontrolsince 07/2021 · owns less than 5%
- Phu Chinh Chu · Managing Membercontrolsince 02/2018 · owns 75% or more of Cc Capital Gp LLC
- Phu Chinh Chu · Trusteecontrolsince 01/2012 · owns F of Chinh E. Chu Descendants Trust
- Phu Chinh Chu · Limited Partnercontrolsince 02/2018 · owns 75% or more of Cec Investors, LP
- Robert Paul Luc Heyvaert · Limited Partnercontrolsince 10/2018 · owns 75% or more of Motive Partners Holdings II, LP
- Robert Paul Luc Heyvaert · Membercontrolsince 01/2016 · owns 75% or more of Rob Exploration, LLC
- Stephen Mark Makepeace · Limited Partnercontrolsince 12/2020 · owns 50% to 75% of St. Giles Global LP
Entity owners
- Monica Holdco (US) Inc. · Memberdirect · owns 75% or more
- Cc Capital Gp LLC · General Partnerindirect · owns F of Cec Investors, LP
- Cc Capital Gp LLC · General Partnerindirect · owns F of Cc Capital Sp, LP
- Cc Capital Sp, LP · Managing Memberindirect · owns 75% or more of Cc Monica Holdings, LLC
- Cc Monica Holdings, LLC · Limited Partnerindirect · owns 50% to 75% of Monica Holdings (Jersey) Gp, LP
- Cc Monica Holdings, LLC · Managing Memberindirect · owns 50% to 75% of Cc-Sgg Monica Aggregator, LLC
- Cc-Sgg Monica Aggregator, LLC · Memberindirect · owns 50% to 75% of Monica Top Gp (Cayman), LLC
- Cec Investors, LP · Limited Partnerindirect · owns 75% or more of Cc Capital Sp, LP
- Chinh E. Chu Descendants Trust · Trustindirect · owns F of Chu, Chinh, Phu
- Monica Guarantor, LP · Shareholderindirect · owns 75% or more of Monica Holdco (US) Inc.
- Monica Holdings (Jersey) Gp, LP · General Partnerindirect · owns F of Monica Holdings (Jersey), LP
- Monica Holdings (Jersey), LP · Memberindirect · owns 75% or more of Monica Intermediate Holdings Gp, LLC
- Monica Holdings (Jersey), LP · Limited Partnerindirect · owns 75% or more of Monica Intermediate, LP
- Monica Intermediate Holdings Gp, LLC · General Partnerindirect · owns F of Monica Guarantor, LP
- Monica Intermediate Holdings Gp, LLC · General Partnerindirect · owns F of Monica Intermediate, LP
- Monica Intermediate, LP · Limited Partnerindirect · owns 75% or more of Monica Guarantor, LP
- Monica Top Gp (Cayman), LLC · General Partnerindirect · owns F of Monica Holdings (Jersey) Gp, LP
- Motive Capital Management, LLC · Limited Partnerindirect · owns 25% to 50% of Motive Monica Gp Holdings, LP
- Motive Monica Gp Holdings, LP · Limited Partnerindirect · owns 25% to 50% of Monica Holdings (Jersey) Gp, LP
- Motive Monica, LP · Limited Partnerindirect · owns 50% to 75% of Monica Holdings (Jersey), LP
Related persons
Schedule D 7.A
- 2022 Wilshire Private Credit Gp, LLCpooled vehicle sponsorn
- 2022 Wilshire Private Equity Gp, LLCpooled vehicle sponsorn
- Mill Creek Wilshire Private Equity 2022 Gp, LLCpooled vehicle sponsorn
- Suzhou Wilshire Investment Services Co. Ltd. (China)LP sponsorn
- Wilshire Asia Private Markets Viii (Offshore), Inc.pooled vehicle sponsorn
- Wilshire Asia Private Markets Viii, LLCbankpooled vehicle sponsorn
- Wilshire Associates Europe Bvinvestment advisern
- Wilshire Australia Pty Limitedinvestment advisery
- Wilshire Bvk Europe II, LLCpooled vehicle sponsorn
- Wilshire Bvk Europe III, LLCpooled vehicle sponsorn
- Wilshire Bvk Europe IV, LLCpooled vehicle sponsorn
- Wilshire Bvk Europe, LLCpooled vehicle sponsorn
- Wilshire Bvv Europe Venture Fund, LLCpooled vehicle sponsorn
- Wilshire Bvv Europe, LLC (Series I)bankpooled vehicle sponsorn
- Wilshire Bvv Europe, LLC (Series II)bankpooled vehicle sponsorn
- Wilshire Bvv Europe, LLC (Series III)pooled vehicle sponsorn
- Wilshire Bvv Europe, LLC (Series IV)pooled vehicle sponsorn
- Wilshire Bvv Europe, LLC (Series V)pooled vehicle sponsorn
- Wilshire Bvv Europe, LLC (Series Vi)pooled vehicle sponsorn
- Wilshire Bvv U.S., LLC (Series I)bankpooled vehicle sponsorn
- Wilshire Bvv U.S., LLC (Series II)bankpooled vehicle sponsorn
- Wilshire Bvv U.S., LLC (Series III)bankpooled vehicle sponsorn
- Wilshire Bvv U.S., LLC (Series IV)pooled vehicle sponsorn
- Wilshire Bvv U.S., LLC (Series V)pooled vehicle sponsorn
- Wilshire Bvv U.S., LLC (Series Vi)pooled vehicle sponsorn
- Wilshire Bvv U.S., LLC (Series Vii)pooled vehicle sponsorn
- Wilshire European Private Markets Viii (Offshore), Inc.pooled vehicle sponsorn
- Wilshire European Private Markets Viii, LLCbankpooled vehicle sponsorn
- Wilshire European Venture Capital Fund II Gp S.A.R.Lpooled vehicle sponsorn
- Wilshire Global Advisors Limitedinvestment advisern
Offices
Schedule D 1.F, the 25 largest
- Pittsburgh, PA8 employees
- Amsterdam, Netherlands3 employees
- Broomfield, CO2 employees
- Chicago, IL1 employees
- New York, NY1 employees
ADV anomalies
3 against comparable advisers; where to look, not conclusions
- account count surgeChange between filings · filing Apr 30, 2026accounts (Item 5.F.2.f) moved from 373,588.0 to 650,319.0 (+74.0%) between the annual amendments of 2025-02-04 and 2026-04-30; the peer median change was +4.0% (111 comparable advisers, 96.0th percentile of changes)peers: asset managers, $20B and over (111) · 96% percentile
- institutional asset share shiftChange between filings · filing Apr 30, 2026institutional share of RAUM moved from 13.0% to 69.0% between the annual amendments of 2025-02-04 and 2026-04-30peers: asset managers, $20B and over (512)
- RAUM up 50 %Change between filings · filing Apr 30, 2026RAUM (Item 5.F) moved from $94,873,146,068 to $149,102,543,671 (+57.0%) between the annual amendments of 2025-02-04 and 2026-04-30; the peer median change was +15.0% (471 comparable advisers, 91.0th percentile of changes)peers: asset managers, $20B and over (471) · 91% percentile
What changed
consecutive filings, newest first
- Financial planning clients · 0 to 0Jul 1, 2026 to Sep 2, 2026
- Private funds · 93 to unsetJul 1, 2026 to Sep 2, 2026
- Succession · false to unsetJul 1, 2026 to Sep 2, 2026
- Accounts · 287,663 to 650,319Aug 25, 2025 to Mar 31, 2026
- Advisory employees · 96 to 86Aug 25, 2025 to Mar 31, 2026
- BD registered reps · 18 to 17Aug 25, 2025 to Mar 31, 2026
- HNW clients · 0.0 to unsetAug 25, 2025 to Mar 31, 2026
- Individual clients · 0.0 to unsetAug 25, 2025 to Mar 31, 2026
- Pension plan clients · 85,440 to 94,431Aug 25, 2025 to Mar 31, 2026
- Pooled vehicle clients · 94 to 101Aug 25, 2025 to Mar 31, 2026
- Assets in custody · $45B to $51BAug 25, 2025 to Mar 31, 2026
- Employees · 270 to 307Aug 25, 2025 to Mar 31, 2026
- State-registered IARs · 4 to 2Aug 25, 2025 to Mar 31, 2026
- Private funds · 91 to 93Aug 25, 2025 to Mar 31, 2026
- Discretionary RAUM · $98B to $148BAug 25, 2025 to Mar 31, 2026
- HNW RAUM · 0.0 to unsetAug 25, 2025 to Mar 31, 2026
- Individual RAUM · 0.0 to unsetAug 25, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $855M to $859MAug 25, 2025 to Mar 31, 2026
- Pension RAUM · $8.3B to $8.5BAug 25, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $35B to $42BAug 25, 2025 to Mar 31, 2026
- RAUM · $99B to $149BAug 25, 2025 to Mar 31, 2026
- Wrap assets (manager) · $50B to $2.8BAug 25, 2025 to Mar 31, 2026
- Financial planning clients · 0 to 0Jul 31, 2025 to Aug 25, 2025
- Private funds · 89 to 91May 9, 2025 to Jul 31, 2025
- Accounts · 373,588 to 287,663Feb 4, 2025 to May 1, 2025
- Advisory employees · 93 to 96Feb 4, 2025 to May 1, 2025
- BD registered reps · 15 to 18Feb 4, 2025 to May 1, 2025
- Charity clients · 23 to 19Feb 4, 2025 to May 1, 2025
- HNW clients · unset to 0.0Feb 4, 2025 to May 1, 2025
- Individual clients · unset to 0.0Feb 4, 2025 to May 1, 2025
- Pension plan clients · 76,390 to 85,440Feb 4, 2025 to May 1, 2025
- Pooled vehicle clients · 83 to 94Feb 4, 2025 to May 1, 2025
- Assets in custody · $36B to $45BFeb 4, 2025 to May 1, 2025
- Employees · 298 to 270Feb 4, 2025 to May 1, 2025
- Discretionary RAUM · $94B to $98BFeb 4, 2025 to May 1, 2025
- Non-discretionary RAUM · $894M to $855MFeb 4, 2025 to May 1, 2025
- Pension RAUM · $8.9B to $8.3BFeb 4, 2025 to May 1, 2025
- Pooled vehicle RAUM · $36B to $35BFeb 4, 2025 to May 1, 2025
- RAUM · $95B to $99BFeb 4, 2025 to May 1, 2025
- Wrap assets (manager) · $45B to $50BFeb 4, 2025 to May 1, 2025
Signals
46 dated events
- Wilshire reported RAUM $149.1B, up 50% from $99.1B (2025-08-25 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- Reed Lawrence Miller (Chief Technology Officer) no longer on Schedule A of Wilshire (listed 2023-12-15, absent 2024-03-30)Mar 30, 2024 · Control person left · inference
- Roye Erin Simpson (Head Of Operations And Risk) appeared on Schedule A of WilshireMar 30, 2024 · Control person joined · fact
- Moses Joshua Emanuel (Chief Investment Officer) appeared on Schedule A of WilshireMar 30, 2024 · Control person joined · fact
- Suh Moon Sandy Choi (General Counsel & Chief Compliance Officer) appeared on Schedule A of WilshireJul 13, 2023 · Control person joined · fact
- Edward Bendukai Bouey (Chief Compliance Officer) no longer on Schedule A of Wilshire (listed 2023-03-31, absent 2023-07-13)Jul 13, 2023 · Control person left · inference
- Moses Joshua Emanuel (Chief Investment Officer, Investment Management) no longer on Schedule A of Wilshire (listed 2022-09-09, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Elizabeth Tina Takeuchi (Human Resources Manager /Sr. Vp F&A Sm) no longer on Schedule A of Wilshire (listed 2022-09-09, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Paul Grimes (Chief Of Staff) no longer on Schedule A of Wilshire (listed 2022-09-09, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Reza Mohammad Ghassemieh (Chief Benchmark Officer) no longer on Schedule A of Wilshire (listed 2022-09-09, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Leah Minkowski Emkin (Chief Client Officer) no longer on Schedule A of Wilshire (listed 2022-09-09, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Roye Erin Simpson (Managing Director) no longer on Schedule A of Wilshire (listed 2022-09-09, absent 2023-03-31)Mar 31, 2023 · Control person left · inference
- Nicholas Teunon (Chief Financial Officer) no longer on Schedule A of Wilshire (listed 2022-08-04, absent 2022-09-09)Sep 9, 2022 · Control person left · inference
- Emily Brown (Chief Financial Officer) appeared on Schedule A of WilshireSep 9, 2022 · Control person joined · fact
- Jonathan Horton (Chief Stratgey And Integration Officer) no longer on Schedule A of Wilshire (listed 2022-06-16, absent 2022-08-04)Aug 4, 2022 · Control person left · inference
- Reed Lawrence Miller (Chief Technology Officer) appeared on Schedule A of WilshireJun 16, 2022 · Control person joined · fact
- Roye Erin Simpson (Managing Director) appeared on Schedule A of WilshireMar 31, 2022 · Control person joined · fact
- Moses Joshua Emanuel (Chief Investment Officer, Investment Management) appeared on Schedule A of WilshireMar 31, 2022 · Control person joined · fact
- Morris Joseph Kochansky (Chief Technology Officer) no longer on Schedule A of Wilshire (listed 2021-05-20, absent 2021-10-07)Oct 7, 2021 · Control person left · inference
- James Scott Condron (Chief Technology Officer) appeared on Schedule A of WilshireOct 7, 2021 · Control person joined · fact
- Elizabeth Tina Takeuchi (Human Resources Manager /Sr. Vp F&A Sm) appeared on Schedule A of WilshireMay 20, 2021 · Control person joined · fact
- Shukla Reena Lalji (General Counsel) no longer on Schedule A of Wilshire (listed 2021-04-06, absent 2021-05-20)May 20, 2021 · Control person left · inference
- Leah Minkowski Emkin (Managing Director) appeared on Schedule A of WilshireMay 20, 2021 · Control person joined · fact
- Robert Paul Luc Heyvaert (Member) appeared on Schedule A of WilshireMar 4, 2021 · Control person joined · fact
- Edward Chinh Chu (Limited Partner) appeared on Schedule A of WilshireMar 4, 2021 · Control person joined · fact
- Eric William Van Eesteren (Director) no longer on Schedule A of Wilshire (listed 2020-12-21, absent 2021-02-08)Feb 8, 2021 · Control person left · inference
- Joseph Michael Wauters (Chief Financial Officer) no longer on Schedule A of Wilshire (listed 2020-12-21, absent 2021-02-08)Feb 8, 2021 · Control person left · inference
- Moses Joshua Emanuel (Director) no longer on Schedule A of Wilshire (listed 2020-12-21, absent 2021-02-08)Feb 8, 2021 · Control person left · inference
- Clell John Hindman (Director & Vice Chairman/President Wilshire Associates Incorporated) no longer on Schedule A of Wilshire (listed 2020-12-21, absent 2021-02-08)Feb 8, 2021 · Control person left · inference
- Anthony Dennis Tito (Director & Chief Executive Officer) no longer on Schedule A of Wilshire (listed 2020-12-21, absent 2021-02-08)Feb 8, 2021 · Control person left · inference
Across DFX
shared identifiers only, never a name match
- Wilshire · Independent Sponsorsshared crd · capital_provider
- Wilshire Associates Incorporated · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/parklexingtonreportedpublic record, Form ADV, Sep 17, 2026
- Firm profile
- linkedin.com/company/wilshireadvisorsreportedpublic record, Form ADV, Sep 17, 2026
- Website
- WILSHIRE.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 310-451-3051reportedpublic record, Form ADV, Sep 2, 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
- $149Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026