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

Tower Square Securities, Inc.

Former SEC-registered adviserNew York, New YorkCRD 833SEC 801-50585IAPD
Latest filing May 8, 2013
First filing on the tape Mar 26, 2012 · 8 filings
RAUM
$299M
reported, Item 5.F
Discretionary
17%
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
1,117
189 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
0
reported on Schedule D
History
8 filings and snapshots on the tape
RAUM$299M as of Mar 22, 2013
Mar 26, 2012$270M then
HNW client RAUM: no history
State-registered IARs (5.B.3)516 as of Mar 22, 2013
Mar 26, 20120 then
Employees (5.A): 1,117
Private funds: no history
RAUM +11% over the last fiscal yearIARs 0 to 516
Practice profile
derived from the filing of May 8, 2013; every figure names its basis
RAUM per advisor
$579,915derivedRAUM 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
$140,553derivedRAUM over accounts (5.F.2.f)
Discretionary
17%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.2derivedItem 5.A over advisors
Advisors per office
86.0derived6 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween 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, hourly, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2,129reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
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
    • Virgelan Ernesto Aquino · Chief Compliance Officer, Broker Dealercontrol
      since 10/2007 · owns less than 5%
    • Andre Theodore Carrier · Chief Operations Officercontrol
      since 04/2013 · owns less than 5%
    • Marc Allan Cohn · Chief Compliance Officer, Investment Advisercontrol
      since 10/2006 · owns less than 5%
    • James Dwyer · Vice President, Licensing And Registrationcontrol
      since 08/2006 · owns less than 5%
    • Elizabeth Mary Forget · Directorcontrol
      since 06/2012 · owns less than 5%
    • Jeffrey Paul Halperin · Anti-Money Laundering Officercontrol
      since 04/2006 · owns less than 5%
    • Michael J Lacek · Chief Legal Officercontrol
      since 03/2008 · owns less than 5%
    • Craig William Markham · President And Directorcontrol
      since 07/2005 · owns less than 5%
    • John Gregory Martinez · Vice President And Financial And Operations Principalcontrol
      since 05/2007 · owns less than 5%
    • Isaac Torres · Secretarycontrol
      since 05/2010 · owns less than 5%
    Entity owners
    • Plaza LLC · Direct Owner
      direct · owns 75% or more
    • Metlife Insurance Company Of Connecticut (Formerly Travelers Insurance Company) · Shareholder
      indirect · owns 75% or more of Plaza LLC
    • Metlife, Inc. · Parent
      indirect · owns 75% or more of Metlife Insurance Company Of Connecticut (Formerly Travelers Insurance Company) · public reporting company
    Related persons
    Schedule D 7.A
    Advisers that list Tower Square Securities, Inc. as a related person
    Offices
    Schedule D 1.F, the 25 largest
    • Arlington, VA
    • Bristol, VT
    • Cromwell, CT
    • Glendale,, CA
    • Naperville, IL
    What changed
    consecutive filings, newest first
    • Accounts · 2,325 to 2,129
      Nov 20, 2012 to Mar 22, 2013
    • Advisory employees · 208 to 189
      Nov 20, 2012 to Mar 22, 2013
    • Employees · 850 to 1,117
      Nov 20, 2012 to Mar 22, 2013
    • Insurance-licensed employees · 4 to 12
      Nov 20, 2012 to Mar 22, 2013
    • State-registered IARs · 208 to 516
      Nov 20, 2012 to Mar 22, 2013
    • Discretionary RAUM · $46.6M to $50.2M
      Nov 20, 2012 to Mar 22, 2013
    • Non-discretionary RAUM · $223M to $249M
      Nov 20, 2012 to Mar 22, 2013
    • RAUM · $270M to $299M
      Nov 20, 2012 to Mar 22, 2013
    • Related bank · false to true
      Nov 20, 2012 to Mar 22, 2013
    • Advisory employees · unset to 208.0
      Mar 26, 2012 to Nov 20, 2012
    • BD registered reps · unset to 686.0
      Mar 26, 2012 to Nov 20, 2012
    • Employees · unset to 850.0
      Mar 26, 2012 to Nov 20, 2012
    • State-registered IARs · 0 to 208
      Mar 26, 2012 to Nov 20, 2012
    Signals
    No event on the tape.
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    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