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.

Former SEC-registered adviser

Fsc Securities Corporation

Former SEC-registered adviserAtlanta, GeorgiaCRD 7461SEC 801-42017IAPD
Latest filing Oct 12, 2023
First filing on the tape Nov 28, 2011 · 160 filings
RAUM
$12B
reported, Item 5.F
Discretionary
74%
of RAUM
Private clients
97%
$11B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2,174
545 advisory (5.B.1)
Offices
334
beyond the principal office
Private funds
0
reported on Schedule D
History
160 filings and snapshots on the tape
RAUM$12B as of Mar 31, 2023
Mar 30, 2012$3.5B then
HNW client RAUM$5.5B as of Mar 31, 2023
Mar 29, 2018$3.8B then
State-registered IARs (5.B.3)1,044 as of Mar 31, 2023
Mar 30, 20120 then
Employees (5.A)2,174 as of Mar 31, 2023
Apr 1, 20131,400 then
Private funds: no history
RAUM -8.8% over the last fiscal year+11% a year over threeIARs 833 to 1,044offices 340 to 334
Practice profile
derived from the filing of Oct 12, 2023; every figure names its basis
RAUM per advisor
$11.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
32derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.2MderivedHNW RAUM over HNW clients
Average account
$222,489derivedRAUM over accounts (5.F.2.f)
Discretionary
74%derivedof RAUM
Institutional
0.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.1derivedItem 5.A over advisors
Advisors per office
3.1derived335 offices incl. principal (1.F.5)
RAUM growth, one year
-8.8%derivedbetween the last two annual amendments
Advisor growth, one year
+25%derivedItem 5.B.3 between annual amendments
Client growth, one year
+11%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminarsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$247M, 484 clientsreportedItem 9.A
Ownership
a PE fund or sponsor is a 25 percent or greater owner on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is a broker-dealer (6.A.1)
  • is an insurance broker or agent (6.A.6)
  • 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$5.9B50%
  • High-net-worth individuals$5.5B47%
  • Corporations and businesses$221M1.9%
  • Charitable organizations$60.1M0.5%
  • Pension and profit-sharing plans$43.1M0.4%
  • State and municipal entities$3.6M0.0%
  • Banks and thrifts$514,0580.0%
Individual clients
28,973reported
HNW clients
4,631reported
Pension plan clients
57reported
Charitable clients
94reported
Accounts
52,792reported
Financial planning clients
101-250reported
Wrap fee programs
$0 sponsored, $8.6B managedreported
Custody of client assets
$247M for 484 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
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
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Gregory Allen Cornick · Directorcontrol
    since 01/2021 · owns less than 5%
  • Jason Gerb · Svp, Chief Regulatory Officercontrol
    since 09/2023 · owns less than 5%
  • Cynthia Ann Hamel · Evp, Chief Operations Officercontrol
    since 05/2017 · owns less than 5%
  • Iryna Yakovlevna Northrip · Svp, Chief Compliance Officer, Investment Advisorycontrol
    since 09/2023 · owns less than 5%
  • James Dale Price · Chairmancontrol
    since 11/2016 · owns less than 5%
  • Matthew Adam Schlueter · Evp, Directorcontrol
    since 03/2019 · owns less than 5%
  • Jeffery Scott Sills · Ceo, President, Directorcontrol
    since 10/2021 · owns less than 5%
  • Milton Ralph Berlinski · Investment Managercontrol
    since 08/2014 · owns F of Mrb Icbc LLC
  • Milton Ralph Berlinski · Trusteecontrol
    since 06/2006 · owns 25% to 50% of The Berlinski Family 2006 Trust
  • Milton Ralph Berlinski · General Partnercontrol
    since 02/2014 · owns F of Rcp Genpar LP
  • Milton Ralph Berlinski · Membercontrol
    since 08/2014 · owns 25% to 50% of Rcp Genpar Holdco LLC
  • Dori Jamille Hammond · Vp, Chief Compliance Officer
    since 03/2018 · owns less than 5%
  • David Martin Schmidt · Treasurer, Financial And Operations Principal
    since 03/2017 · owns less than 5%
Entity owners
  • Financial Service Corporation · Shareholder
    direct · owns 75% or more
  • Ag Artemis Holdings Gp, LLC · General Partner
    indirect · owns F of Ag Artemis Holdings, L.P.
  • Ag Artemis Holdings, L.P. · Shareholder
    indirect · owns 75% or more of Ag Intermediate Corporation
  • Ag Intermediate Corporation · Shareholder
    indirect · owns 75% or more of Osaic Financial Services, Inc.
  • Ag Parent Corporation · Shareholder
    indirect · owns 75% or more of Osaic Holdings, Inc.
  • Mrb Icbc LLC · Member
    indirect · owns 25% to 50% of Rcp Genpar Holdco LLC
  • Osaic Financial Services, Inc. · Shareholder
    indirect · owns 75% or more of Ag Parent Corporation
  • Osaic Holdings, Inc. · Shareholder
    indirect · owns 75% or more of Osaic, Inc.
  • Osaic, Inc. · Shareholder
    indirect · owns 75% or more of Financial Service Corporation
  • Rcp Artemis Co-Invest Gp LLC · General Partner
    indirect · owns F of Rcp Artemis Co-Invest, L.P.
  • Rcp Artemis Co-Invest, L.P. · Limited Partner
    indirect · owns 50% to 75% of Ag Artemis Holdings, L.P.
  • Rcp Genpar Holdco LLC · Limited Partner
    indirect · owns 75% or more of Rcp Genpar LP
  • Rcp Genpar LP · Limited Partner
    indirect · owns 75% or more of Rcp Opp Fund II Gp, LP
  • Rcp Opp Fund II Gp, LP · Limited Partner
    indirect · owns 75% or more of Rcp Artemis Co-Invest Gp, LLC
  • The Berlinski Family 2006 Trust · Member
    indirect · owns 75% or more of Mrb Icbc LLC
Related persons
Schedule D 7.A
Advisers that list Fsc Securities Corporation as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Amherst, Ny000
Arlington, Ma000
Auburndale, Ma000
Austin, Tx000
Bellevue, Ky000
Bonita Springs, Fl000
Clive, Ia000
Dallas, Tx000
Dayton, Oh000
Des Moines, Ia000
Exton, Pa000
Glendora, Ca000
Grover Beach, Ca000
Holmen, Wi000
Houston, Tx000
Hudson Oaks, Tx000
Irvine, Ca000
Kahului, Hi000
Kalamazoo, Mi000
Keene, Nh000
All 43 offices
Offices
Schedule D 1.F, the 25 largest
  • Raleigh, NC11 employees
  • Langhorne, PA11 employees
  • Naples, FL10 employees
  • Raleigh, NC9 employees
  • West Des Moines, IA8 employees
  • Hartsdale, NY7 employees
  • Orchard Park, NY7 employees
  • Worthington, OH6 employees
  • Calabasas, CA5 employees
  • Dallas, TX5 employees
  • Oklahoma City, OK5 employees
  • Pearland, TX5 employees
  • Beavercreek, OH5 employees
  • Bloomfield Hills, MI5 employees
  • Atlanta, GA4 employees
  • St. Louis, MO4 employees
  • Newport Beach, CA4 employees
  • Frederick, MD4 employees
  • Dalton, GA4 employees
  • Washingtonville, NY4 employees
  • Malvern, PA4 employees
  • Houston, TX4 employees
  • Oklahoma City, OK4 employees
  • Rochester, NY4 employees
  • Kalamazoo, MI3 employees
What changed
consecutive filings, newest first
  • Accounts · 46,551 to 52,792
    Mar 27, 2023 to Mar 31, 2023
  • Advisory employees · 510 to 545
    Mar 27, 2023 to Mar 31, 2023
  • BD registered reps · 869 to 1,016
    Mar 27, 2023 to Mar 31, 2023
  • Charity clients · 84 to 94
    Mar 27, 2023 to Mar 31, 2023
  • Corporate clients · 199 to 200
    Mar 27, 2023 to Mar 31, 2023
  • HNW clients · 6,240 to 4,631
    Mar 27, 2023 to Mar 31, 2023
  • Individual clients · 23,984 to 28,973
    Mar 27, 2023 to Mar 31, 2023
  • Pension plan clients · 45 to 57
    Mar 27, 2023 to Mar 31, 2023
  • Assets in custody · $196M to $247M
    Mar 27, 2023 to Mar 31, 2023
  • Employees · 2,435 to 2,174
    Mar 27, 2023 to Mar 31, 2023
  • Insurance-licensed employees · 86 to 107
    Mar 27, 2023 to Mar 31, 2023
  • State-registered IARs · 833 to 1,044
    Mar 27, 2023 to Mar 31, 2023
  • Other offices · 340 to 334
    Mar 27, 2023 to Mar 31, 2023
  • Discretionary RAUM · $9.3B to $8.7B
    Mar 27, 2023 to Mar 31, 2023
  • HNW RAUM · $6.5B to $5.5B
    Mar 27, 2023 to Mar 31, 2023
  • Individual RAUM · $6.0B to $5.9B
    Mar 27, 2023 to Mar 31, 2023
  • Non-discretionary RAUM · $3.6B to $3.0B
    Mar 27, 2023 to Mar 31, 2023
  • Pension RAUM · $40.4M to $43.1M
    Mar 27, 2023 to Mar 31, 2023
  • RAUM · $13B to $12B
    Mar 27, 2023 to Mar 31, 2023
  • Wrap assets (manager) · $10B to $8.6B
    Mar 27, 2023 to Mar 31, 2023
  • Accounts · 40,249 to 46,551
    Mar 7, 2022 to Mar 31, 2022
  • Advisory employees · 542 to 510
    Mar 7, 2022 to Mar 31, 2022
  • BD registered reps · 815 to 869
    Mar 7, 2022 to Mar 31, 2022
  • Charity clients · 75 to 84
    Mar 7, 2022 to Mar 31, 2022
  • Corporate clients · 188 to 199
    Mar 7, 2022 to Mar 31, 2022
  • HNW clients · 5,249 to 6,240
    Mar 7, 2022 to Mar 31, 2022
  • Individual clients · 21,660 to 23,984
    Mar 7, 2022 to Mar 31, 2022
  • Pension plan clients · 41 to 45
    Mar 7, 2022 to Mar 31, 2022
  • Assets in custody · $126M to $196M
    Mar 7, 2022 to Mar 31, 2022
  • Employees · 2,258 to 2,435
    Mar 7, 2022 to Mar 31, 2022
  • Insurance-licensed employees · 93 to 86
    Mar 7, 2022 to Mar 31, 2022
  • State-registered IARs · 560 to 833
    Mar 7, 2022 to Mar 31, 2022
  • Other offices · 347 to 340
    Mar 7, 2022 to Mar 31, 2022
  • Discretionary RAUM · $7.2B to $9.3B
    Mar 7, 2022 to Mar 31, 2022
  • HNW RAUM · $4.9B to $6.5B
    Mar 7, 2022 to Mar 31, 2022
  • Individual RAUM · $5.0B to $6.0B
    Mar 7, 2022 to Mar 31, 2022
  • Non-discretionary RAUM · $3.0B to $3.6B
    Mar 7, 2022 to Mar 31, 2022
  • Pension RAUM · $32.9M to $40.4M
    Mar 7, 2022 to Mar 31, 2022
  • RAUM · $10B to $13B
    Mar 7, 2022 to Mar 31, 2022
  • Wrap assets (manager) · $8.4B to $10B
    Mar 7, 2022 to Mar 31, 2022
Signals
60 dated events
  • 2 advisors left Butler Associates Financial Planners, Inc. (ST Louis, MO) for Fsc Securities Corporation on the same day
    Dec 14, 2023 · Team lift-out · derived
  • 2 advisors left Diversified Financial Advisory Group, Inc. (West Des Moines, IA) for Fsc Securities Corporation on the same day
    Nov 21, 2023 · Team lift-out · derived
  • Donald Wallace Roork left Fsc Securities Corporation for Asset Dynamics Inc (registered 2000-04-26)
    Nov 3, 2023 · Advisor changed firm · fact
  • 6 advisors left Fsc Securities Corporation (Naples, FL) for Ciccarelli Advisory Services Inc on the same day
    Nov 3, 2023 · Team lift-out · derived
  • Rodney David Potratz left Fsc Securities Corporation for Diversified Financial Advisory Group, Inc. (registered 2011-02-10)
    Nov 3, 2023 · Advisor changed firm · fact
  • Larry Alan Gunstream left Fsc Securities Corporation for Southland Equity Partners, Llc. (registered 2014-11-13)
    Nov 3, 2023 · Advisor changed firm · fact
  • Sanford Garry Seide left Fsc Securities Corporation for Mollot & Hardy, Inc. (registered 2023-05-17)
    Nov 3, 2023 · Advisor changed firm · fact
  • Kaiping Kenneth Wu left Fsc Securities Corporation for Southland Equity Partners, Llc. (registered 2015-10-29)
    Nov 3, 2023 · Advisor changed firm · fact
  • Sean Francis Maguire left Fsc Securities Corporation for Cambridge Investment Research Advisors, Inc. (registered 2023-11-06)
    Nov 3, 2023 · Advisor changed firm · fact
  • William Larry Feiler no longer registered at Fsc Securities Corporation; no later IA registration on IAPD
    Nov 3, 2023 · Advisor departure · fact
  • Barbara Frances Duffield left Fsc Securities Corporation for Duffield Financial Group (registered 2005-01-18)
    Nov 3, 2023 · Advisor changed firm · fact
  • Andrew Nicholas Leithe left Fsc Securities Corporation for Strategic Financial (registered 2016-12-14)
    Nov 3, 2023 · Advisor changed firm · fact
  • Cathy Ann Wagner left Fsc Securities Corporation for Cathy A. Wagner, Cfp, Ria (registered 2004-04-02)
    Nov 3, 2023 · Advisor changed firm · fact
  • Forest William Moses left Fsc Securities Corporation for Wealth Management Group (registered 2004-06-21)
    Nov 3, 2023 · Advisor changed firm · fact
  • Alan Russell Crosby left Fsc Securities Corporation for Southland Equity Partners, Llc. (registered 2018-08-21)
    Nov 3, 2023 · Advisor changed firm · fact
  • James Asher Jackson left Fsc Securities Corporation for Southland Equity Partners, Llc. (registered 2014-11-13)
    Nov 3, 2023 · Advisor changed firm · fact
  • David John Swenson left Fsc Securities Corporation for Diversified Financial Advisory Group, Inc. (registered 2015-12-21)
    Nov 3, 2023 · Advisor changed firm · fact
  • Aleea Madelyn Mcguire left Fsc Securities Corporation for Financial Services Group (registered 2000-03-27)
    Nov 3, 2023 · Advisor changed firm · fact
  • Gregory Alan Crosby left Fsc Securities Corporation for Crosby, Trevino & Associates, Inc. (registered 2005-06-27)
    Nov 3, 2023 · Advisor changed firm · fact
  • Thomas David Ebner left Fsc Securities Corporation for Southland Equity Partners, Llc. (registered 2016-07-22)
    Nov 3, 2023 · Advisor changed firm · fact
  • Jasen Michael Gilbert left Fsc Securities Corporation for Ciccarelli Advisory Services Inc (registered 2010-06-25)
    Nov 3, 2023 · Advisor changed firm · fact
  • Erin Danielle Bluske left Fsc Securities Corporation for Bfs Advisory Group, Llc (registered 2023-03-06)
    Nov 3, 2023 · Advisor changed firm · fact
  • Robert Michael Leshnak left Fsc Securities Corporation for Southland Equity Partners, Llc. (registered 2014-11-13)
    Nov 3, 2023 · Advisor changed firm · fact
  • Victor Alexander Tedesco no longer registered at Fsc Securities Corporation; no later IA registration on IAPD
    Nov 3, 2023 · Advisor departure · fact
  • Michael William Hesse left Fsc Securities Corporation for Texas Wealth Management, Inc. (registered 1987-07-14)
    Nov 3, 2023 · Advisor changed firm · fact
  • Donald Paul Williamson left Fsc Securities Corporation for Integrated Capital Management, Inc. (registered 2009-04-30)
    Nov 3, 2023 · Advisor changed firm · fact
  • Bryan Salas Castro left Fsc Securities Corporation for Mollot & Hardy, Inc. (registered 2023-05-17)
    Nov 3, 2023 · Advisor changed firm · fact
  • John Decker Mueller left Fsc Securities Corporation for Diversified Financial Advisory Group, Inc. (registered 2015-12-18)
    Nov 3, 2023 · Advisor changed firm · fact
  • 4 advisors left Fsc Securities Corporation (West Des Moines, IA) for Diversified Financial Advisory Group, Inc. on the same day
    Nov 3, 2023 · Team lift-out · derived
  • 3 advisors left Fsc Securities Corporation (Owatonna, MN) for Diversified Financial Advisory Group, Inc. on the same day
    Nov 3, 2023 · Team lift-out · derived
Across DFX
shared identifiers only, never a name match
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
Former SEC-registered 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