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.

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SEC-registered adviser

B•••• • C• I••

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 104735SEC 801-10193IAPD
Latest filing Mar 26, 2026
First filing on the tape Apr 3, 2012 · 18 filings
SEC status approved since Sep 18, 1974
RAUM
$380M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
1.0%
$4.0M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$380M
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$380M as of Mar 26, 2026
Apr 3, 2012$482M then
HNW client RAUM$4.0M as of Mar 26, 2026
Mar 26, 2018$42.1M then
State-registered IARs (5.B.3)0 as of Mar 26, 2026
Apr 3, 20120 then
Employees (5.A)1 as of Mar 26, 2026
May 24, 20132 then
Private funds: no history
RAUM -4.5% over the last fiscal year-12% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 26, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$380MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.0MderivedHNW RAUM over HNW clients
Average account
$127MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
7.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-4.5%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 assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for investment companiesreportedItem 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$348M92%
  • Charitable organizations$27.8M7.3%
  • High-net-worth individuals$4.0M1.0%
Individual clients
n/areported
HNW clients
1reported
Pension plan clients
n/areported
Charitable clients
1reported
Accounts
3reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.01 fund_share=0.92 institutional_share=0.07 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••••• J•••••• B••••Chicago, IlNov 10, 200543 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• R•••••• J•••••• · President, Chief Compliance Officercontrol
        since 06/2023 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $397M to $380M
        Mar 21, 2025 to Mar 26, 2026
      • HNW RAUM · $3.8M to $4.0M
        Mar 21, 2025 to Mar 26, 2026
      • RAUM · $397M to $380M
        Mar 21, 2025 to Mar 26, 2026
      • Accounts · 4 to 3
        Mar 28, 2024 to Mar 21, 2025
      • Charity clients · unset to 1.0
        Mar 28, 2024 to Mar 21, 2025
      • HNW clients · 2 to 1
        Mar 28, 2024 to Mar 21, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 21, 2025
      • Discretionary RAUM · $474M to $397M
        Mar 28, 2024 to Mar 21, 2025
      • HNW RAUM · $9.4M to $3.8M
        Mar 28, 2024 to Mar 21, 2025
      • RAUM · $474M to $397M
        Mar 28, 2024 to Mar 21, 2025
      • Accounts · 7 to 4
        Jul 18, 2023 to Mar 28, 2024
      • HNW clients · 4 to 2
        Jul 18, 2023 to Mar 28, 2024
      • Discretionary RAUM · $558M to $474M
        Jul 18, 2023 to Mar 28, 2024
      • HNW RAUM · $19.9M to $9.4M
        Jul 18, 2023 to Mar 28, 2024
      • Pension RAUM · 1378098.0 to unset
        Jul 18, 2023 to Mar 28, 2024
      • RAUM · $558M to $474M
        Jul 18, 2023 to Mar 28, 2024
      • Advisory employees · 2 to 1
        Mar 29, 2023 to Jul 18, 2023
      • Employees · 2 to 1
        Mar 29, 2023 to Jul 18, 2023
      • Discretionary RAUM · $649M to $558M
        Aug 8, 2022 to Mar 29, 2023
      • HNW RAUM · $26.1M to $19.9M
        Aug 8, 2022 to Mar 29, 2023
      • Pension RAUM · $1.8M to $1.4M
        Aug 8, 2022 to Mar 29, 2023
      • RAUM · $649M to $558M
        Aug 8, 2022 to Mar 29, 2023
      • Accounts · 11 to 7
        Mar 30, 2021 to Mar 30, 2022
      • HNW clients · 6 to 4
        Mar 30, 2021 to Mar 30, 2022
      • Discretionary RAUM · $641M to $649M
        Mar 30, 2021 to Mar 30, 2022
      • HNW RAUM · $52.8M to $26.1M
        Mar 30, 2021 to Mar 30, 2022
      • Individual RAUM · 211731.0 to unset
        Mar 30, 2021 to Mar 30, 2022
      • Pension RAUM · $1.6M to $1.8M
        Mar 30, 2021 to Mar 30, 2022
      • RAUM · $641M to $649M
        Mar 30, 2021 to Mar 30, 2022
      • Accounts · 13 to 11
        Oct 15, 2020 to Mar 30, 2021
      • HNW clients · 7 to 6
        Oct 15, 2020 to Mar 30, 2021
      • Discretionary RAUM · $617M to $641M
        Oct 15, 2020 to Mar 30, 2021
      • HNW RAUM · $50.2M to $52.8M
        Oct 15, 2020 to Mar 30, 2021
      • Individual RAUM · $207,637 to $211,731
        Oct 15, 2020 to Mar 30, 2021
      • Pension RAUM · $1.3M to $1.6M
        Oct 15, 2020 to Mar 30, 2021
      • RAUM · $617M to $641M
        Oct 15, 2020 to Mar 30, 2021
      • HNW clients · 6 to 7
        Mar 22, 2019 to Mar 26, 2020
      • Discretionary RAUM · $726M to $617M
        Mar 22, 2019 to Mar 26, 2020
      • HNW RAUM · $40.2M to $50.2M
        Mar 22, 2019 to Mar 26, 2020
      • Individual RAUM · $158,439 to $207,637
        Mar 22, 2019 to Mar 26, 2020
      Signals
      1 dated events
      • B Robert Bruce (President) no longer on Schedule A of B•••• • C• I•• (listed 2023-03-29, absent 2023-07-18)
        Jul 18, 2023 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Principal office phone
      312-236-9160reportedpublic record, Form ADV, Mar 26, 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
      $380Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026