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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

SYNDICATED CAPITAL, INC.

CRD 29037

DIAMOND BAR, CA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:de4b5359-0a9b-b005-c206-196e4527eb11

Data as of Mar 31, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 11:44 PM UTC and rebuilt at most every 15 minutes.

Relationships: 27
Dated events: 3
On other graphs: 0
Observed: Dec 26, 2023 to Mar 31, 2026
6 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=11.0
Regulatory AUM: $142MItem 5.F on the latest filing (2026-03-31); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $137M
Private client RAUM: $142MderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 10
RAUM per advisor: $14.2Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 12
Advisory employees: 9
Offices: 8Schedule D 1.F, beyond the principal office
Accounts: 465
Individual clients: 438
High net worth clients: 27
Custody, client assets: $124M
SEC number: 801-129421
CRD: 29037
Filings on the tape: 6
First filed: Dec 26, 2023
Latest filed: Mar 31, 2026
Organised: Corporation, CA
Website: syndicatedcapital.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
JEROME ROBERT GRAHAM	n/a	Brea, CA \| DOYLESTOWN, PA	15	35	n/a	yes
K PATRICK LEE	n/a	Brea, CA	14	15	n/a	yes
K PAMELA LEE	n/a	Brea, CA	12	28	n/a	yes
FRANK PAUL SCHWEITZER	n/a	Brea, CA \| Phoenix, AZ	9	46	n/a	yes
DAVID L PETRAY	n/a	Costa Mesa, CA \| Brea, CA	5	36	n/a	yes
MARK PAUL DE GUZMAN JULOYA	n/a	MONROVIA, CA	4	17	4	no
STEPHEN LINKAN KAGAWA	n/a	HONOLULU, HI \| MONROVIA, CA \| Brea, CA	1	45	2	yes
MICHAEL Francis NGUYEN	n/a	MONROVIA, CA \| WESTLAKE VILLAGE, CA	1	14	1	yes
FAITH LEE	n/a	BREA, CA \| Brea, CA \| San Francisco, CA	1	30	n/a	yes
Julia Rong Cheng	Certified Financial Planner	Brea, CA \| San Diego, CA \| Flushing, NY	0	35	3	yes

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
BAINES AND MCADAMS LIVING TRUST	Owner	C	yes	01/2011	Dec 26, 2023	Mar 29, 2024
BAINES, HEATHER UNA	Trustee	D	yes	01/2011	Dec 26, 2023	Mar 29, 2024
BAINES, HEATHER UNA	TRUSTEE OF BAINES & MCADAMS LIVING TRUST	Na	yes	01/2011	Dec 26, 2023	Mar 29, 2024
LEE, FAITH	Manager	D	yes	09/2020	Dec 26, 2023	Mar 29, 2024
MCADAMS, JOSEPH LLOYD JR	Trustee	D	yes	01/2011	Dec 26, 2023	Mar 29, 2024
MCADAMS, JOSEPH LLOYD JR	SROP, CROP, MUNICIPAL SECURITIES PRINCIPAL/TRUSTEE OF BAINES AND MCADAMS LIVING TRUST	Na	yes	02/1986	Dec 26, 2023	Mar 29, 2024
SC ADD HOLDINGS, LLC	OWNER, MANAGED BY FAITH LEE	D	yes	09/2020	Dec 26, 2023	Mar 29, 2024
LEE, FAITH	PRESIDENT, CCO, ROP, MUNICIPAL SECURITIES PRINCIPAL, MANAGER OF SC ADD HOLDINGS, LLC	Na	no	03/2005	Dec 26, 2023	Mar 29, 2024
THORNTON, STEVEN LEE	FINANCIAL AND OPERATIONS PRINCIPAL	Na	no	01/2004	Dec 26, 2023	Mar 29, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
PACIFIC INCOME ADVISERS INC	n/a	Other adviser	$2.2B	N	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
DIAMOND BAR	CA	United States	3	yes
Monrovia	CA	United States	2	yes
Honolulu	CA	United States	1	yes
SAN DIEGO	CA	United States	1	yes
Bend	Or	United States	1	yes
Doylestown	Pa	United States	1	yes

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 31, 2026	$142M	$137M	12	9	8	n/a	n/a
2024	Mar 29, 2025	$123M	$118M	12	9	8	n/a	n/a
2023	Mar 29, 2024	$115M	$109M	12	9	6	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
1	2	-1	20.0%	0	1	0	3	2

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$142M	$123M	15.5%	n/a	n/a	12	12	8	8

Relationships

Affiliated with (3)

← PACIFIC INCOME ADVISERS INCRegistered adviserother investment adviser, broker-dealer, common control
factForm ADV
→ PACIFIC INCOME ADVISERS INCRegistered adviserother investment adviser, common control
factForm ADV
← CORNERSTONE ASSET MANAGEMENTRegistered adviserother investment adviser, broker-dealer, custodian, control
factForm ADV

Registered with (14)

← Julia Rong ChengAdvisorregistration: current employment
Jan 2, 2026 to presentfactForm ADV
← FAITH LEEAdvisorregistration: current employment
Jan 17, 2025 to presentfactForm ADV
← STEPHEN LINKAN KAGAWAAdvisorregistration: current employment
Jan 1, 2025 to presentfactForm ADV
← MICHAEL F. NGUYENAdvisorregistration: current employment
Jan 1, 2025 to presentfactForm ADV
← MARK PAUL DE GUZMAN JULOYAAdvisorregistration: current employment
Jan 27, 2022 to presentfactForm ADV
← DAVID L PETRAYAdvisorregistration: current employment
Jan 8, 2021 to presentfactForm ADV
← FRANK PAUL SCHWEITZERAdvisorregistration: current employment
Mar 1, 2017 to presentfactForm ADV
← K PAMELA LEEAdvisorregistration: current employment
Mar 21, 2014 to presentfactForm ADV
← K PATRICK LEEAdvisorregistration: current employment
Mar 9, 2012 to presentfactForm ADV
← JEROME ROBERT GRAHAMAdvisorregistration: current employment
Mar 24, 2011 to presentfactForm ADV
← BRADLEY JASON BOECKAdvisorregistration: previous registration
Jun 19, 2009 to Jul 30, 2026factForm ADV
← JOSEPH LLOYD MCADAMSAdvisorregistration: previous registration
Jun 18, 2009 to May 28, 2026factForm ADV
← WINSTON FREDERICK JUSTICEAdvisorregistration: previous registration
Jul 27, 2018 to Feb 5, 2019factForm ADV
← JOHN KIEM LIONG KWEEAdvisorregistration: previous registration
Jul 19, 2010 to Dec 10, 2014factForm ADV

Controls (5)

← MCADAMS, JOSEPH LLOYD JROwnerTRUSTEE, ownership code D, individual
Dec 26, 2023 to Mar 29, 2024factForm ADV
← BAINES, HEATHER UNAOwnerTRUSTEE, ownership code D, individual
Dec 26, 2023 to Mar 29, 2024factForm ADV
← LEE, FAITHOwnerMANAGER, ownership code D, individual
Dec 26, 2023 to Mar 29, 2024factForm ADV
← BAINES AND MCADAMS LIVING TRUSTOwnerOWNER, ownership code C, domestic entity
Dec 26, 2023 to Mar 29, 2024factForm ADV
← SC ADD HOLDINGS, LLCOwnerOWNER, MANAGED BY FAITH LEE, ownership code D, domestic entity
Dec 26, 2023 to Mar 29, 2024factForm ADV

Owns (2)

← LEE, FAITHOwnerPRESIDENT, CCO, ROP, MUNICIPAL SECURITIES PRINCIPAL, MANAGER OF SC ADD HOLDINGS, LLC, ownership code NA, individual
Dec 26, 2023 to Mar 29, 2024factForm ADV
← THORNTON, STEVEN LEEOwnerFINANCIAL AND OPERATIONS PRINCIPAL, ownership code NA, individual
Dec 26, 2023 to Mar 29, 2024factForm ADV

Dated events

Occurred
Jul 30, 2026
Advisor changed firm
Bradley Jason Boeck left Syndicated Capital, Inc. for Northwind Financial Llc (registered 2026-06-30)
Form ADVobserved 4 days ago
Occurred
May 28, 2026
Advisor changed firm
Joseph Lloyd Mcadams left Syndicated Capital, Inc. for Pacific Income Advisers Inc (registered 2026-01-01)
Form ADVobserved 4 days ago
Occurred
Dec 26, 2023
First Form ADV filing
Syndicated Capital, Inc. filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:de4b5359-0a9b-b005-c206-196e4527eb11
First observed: Dec 26, 2023
Last observed: Mar 31, 2026 5 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

SYNDICATED CAPITAL, INC.

CRD 29037

DIAMOND BAR, CA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:de4b5359-0a9b-b005-c206-196e4527eb11

Data as of Mar 31, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 11:44 PM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

JEROME ROBERT GRAHAM

n/a

Brea, CA | DOYLESTOWN, PA

n/a

yes

K PATRICK LEE

n/a

Brea, CA

n/a

yes

K PAMELA LEE

n/a

Brea, CA

n/a

yes

FRANK PAUL SCHWEITZER

n/a

Brea, CA | Phoenix, AZ

n/a

yes

DAVID L PETRAY

n/a

Costa Mesa, CA | Brea, CA

n/a

yes

MARK PAUL DE GUZMAN JULOYA

n/a

MONROVIA, CA

STEPHEN LINKAN KAGAWA

n/a

HONOLULU, HI | MONROVIA, CA | Brea, CA

yes

MICHAEL Francis NGUYEN

n/a

MONROVIA, CA | WESTLAKE VILLAGE, CA

yes

FAITH LEE

n/a

BREA, CA | Brea, CA | San Francisco, CA

n/a

yes

Julia Rong Cheng

Certified Financial Planner

Brea, CA | San Diego, CA | Flushing, NY

yes

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BAINES AND MCADAMS LIVING TRUST

Owner

yes

01/2011

Dec 26, 2023

Mar 29, 2024

BAINES, HEATHER UNA

Trustee

yes

01/2011

Dec 26, 2023

Mar 29, 2024

BAINES, HEATHER UNA

TRUSTEE OF BAINES & MCADAMS LIVING TRUST

yes

01/2011

Dec 26, 2023

Mar 29, 2024

LEE, FAITH

Manager

yes

09/2020

Dec 26, 2023

Mar 29, 2024

MCADAMS, JOSEPH LLOYD JR

Trustee

yes

01/2011

Dec 26, 2023

Mar 29, 2024

MCADAMS, JOSEPH LLOYD JR

SROP, CROP, MUNICIPAL SECURITIES PRINCIPAL/TRUSTEE OF BAINES AND MCADAMS LIVING TRUST

yes

02/1986

Dec 26, 2023

Mar 29, 2024

SC ADD HOLDINGS, LLC

OWNER, MANAGED BY FAITH LEE

yes

09/2020

Dec 26, 2023

Mar 29, 2024

LEE, FAITH

PRESIDENT, CCO, ROP, MUNICIPAL SECURITIES PRINCIPAL, MANAGER OF SC ADD HOLDINGS, LLC

03/2005

Dec 26, 2023

Mar 29, 2024

THORNTON, STEVEN LEE

FINANCIAL AND OPERATIONS PRINCIPAL

01/2004

Dec 26, 2023

Mar 29, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

PACIFIC INCOME ADVISERS INC

n/a

Other adviser

$2.2B

yes

n/a

City

State

Country

Employees

Also broker-dealer

DIAMOND BAR

United States

yes

Monrovia

United States

yes

Honolulu

United States

yes

SAN DIEGO

United States

yes

Bend

United States

yes

Doylestown

United States

yes

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 31, 2026

$142M

$137M

n/a

2024

Mar 29, 2025

$123M

$118M

n/a

2023

Mar 29, 2024

$115M

$109M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

-1

20.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$142M

$123M

15.5%

n/a