# Redblack Advisers, Inc.

> Redblack Advisers, Inc. is an SEC-registered investment advisory firm in Oradell, NJ, registered since 2009, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 151692
- Filed as: REDBLACK ADVISERS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Oradell, NJ
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/151692
- AdvisorCensus page: https://advisorcensus.com/firm/redblack-advisers-inc-oradell-nj-151692

## Quick answers

**How is Redblack Advisers, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Redblack Advisers, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Redblack Advisers, Inc. located?**
Redblack Advisers, Inc.'s principal office is in Oradell, NJ, according to its Form ADV; the November 2025 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Redblack Advisers, Inc. registered with the SEC or a state?**
Redblack Advisers, Inc. is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 151692.

**How much does Redblack Advisers, Inc. manage?**
Redblack Advisers, Inc. reports $823,643,692 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Redblack Advisers, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Redblack Advisers, Inc.: Regulatory assets under management: $103,340,789 in the October 2022 data and $823,643,692 in the October 2026 data, up 697%. Total employees: 4 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Redblack Advisers, Inc. serve?**
By number of clients on Form ADV Item 5.D: other investment advisers (20).

**Which custodians does Redblack Advisers, Inc. use?**
Redblack Advisers, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., National Financial Services LLC and Pershing LLC as custodians holding 10% or more of its separately managed account assets.

**Does Redblack Advisers, Inc. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/151692

**What changed in Redblack Advisers, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $124,011,466 to $823,643,692 (+564%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Other

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial Services LLC
- Pershing LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $823,643,692
- Discretionary: $823,643,692
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Not reported | $0 |
| High net worth individuals | Not reported | $0 |
| Banking or thrift institutions | Not reported | $0 |
| Investment companies | Not reported | $0 |
| Business development companies | Not reported | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | Not reported | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Not reported | $0 |
| Charitable organizations | Not reported | $0 |
| State or municipal government entities (including government pension plans) | Not reported | $0 |
| Other investment advisers | 20 | $823,643,692 |
| Insurance companies | Not reported | $0 |
| Sovereign wealth funds and foreign official institutions | Not reported | $0 |
| Corporations or other businesses not listed above | Not reported | $0 |
| Other | Not reported | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2009 (16 years)
- Employees: 7 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NJ
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the November 2025 filing
- Oradell, NJ

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | 4 | June 30, 2021 |
| October 2022 | $103,340,789 | 6 | September 29, 2022 |
| October 2023 | $74,563,760 | 4 | October 2, 2023 |
| October 2024 | $90,650,605 | 5 | March 28, 2024 |
| October 2025 | $124,011,466 | 6 | March 31, 2025 |
| October 2026 | $823,643,692 | 7 | March 30, 2026 |

Regulatory assets under management: $103,340,789 in the October 2022 data and $823,643,692 in the October 2026 data, up 697%.
Total employees: 4 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $124,011,466 to $823,643,692 (+564%).

### January 2026
- Item 11 disclosure answers changed: 0 yes answers, previously 6 (now no: 11.C(1), 11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.H(1)(c)).
- No longer lists an office in Oradell, NJ.
- No longer registered or notice-filed in GA, NY.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Changed its legal name from Intelliflo Advisers, Inc. to Redblack Advisers, Inc..

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Redblack Advisers, Inc. (CRD 151692): Form ADV filing data as of October 2026.