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•••••• G•••• I••

Other adviserSan Francisco, CaliforniaCRD 105087SEC 801-15722websiteIAPD
Latest filing Jun 1, 2026
First filing on the tape Mar 30, 2012 · 24 filings
SEC status approved since Jan 12, 1981
RAUM
$2.0B
reported, Item 5.F
Discretionary
75%
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
13
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$2.0B as of Jun 1, 2026
Apr 1, 2013$1.4B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 1, 2026
Mar 30, 20120 then
Employees (5.A)13 as of Jun 1, 2026
Apr 1, 201314 then
Private funds4 as of Jun 1, 2026
Mar 30, 20122 then
RAUM -15% over the last fiscal year-11% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 1, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
RAUM per advisor
unknownderivedRAUM 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
$340MderivedRAUM over accounts (5.F.2.f)
Discretionary
75%derivedof RAUM
Institutional
63%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-15%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
fixed fees, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, otherreportedItem 5.G
Custody
$146,000, 3 clientsreportedItem 9.A
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
  • has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$1.3B63%
  • Pooled investment vehicles$745M37%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
3reported
Charitable clients
0reported
Accounts
6reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$146,000 for 3 clientsreported
Compensation
fixed, performancereported
Class basis
private_client_share=0.0 fund_share=0.37 institutional_share=0.63 related_bd=false related_bank=false bd_reps=0.0derived
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      4 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      B•••••• I••••••••• I•• L•••Real Estate Fund$407M3Mar 30, 2012
      B•••••• V•••• I•• L•••Real Estate Fund$243M10Mar 30, 2012
      B•••••• V•••• I••• L•••Real Estate Fund$154M6Mar 31, 2017
      B•••••• M•••• S•• L•••Real Estate Fund$104M2Apr 1, 2013
      Owners and control persons
      Schedule A and B, latest filing
      • K•••• J••••••• S• · Principal, Managing Partner & Vice Presidentcontrol
        since 01/1988 · owns 75% or more
      • F••••• S••••• A•• · Executive Director & Secretary
        since 01/2005 · owns less than 5%
      • M••••• T•••• J• · Chief Compliance Officer
        since 08/2005 · owns less than 5%
      Related persons
      Schedule D 7.A
      • B•••••• I••••••••• C•••••• I•• L••
        pooled vehicle sponsorn
      • B•••••• I••••••••• C•••••• I••• L••
        pooled vehicle sponsorn
      • B•••••• I••••••••• C•••••• I•• L••
        pooled vehicle sponsorn
      • B•••••• I••••••••• C•••••• V• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 5 to 4
        May 2, 2025 to Mar 17, 2026
      • Assets in custody · $423,000 to $146,000
        May 2, 2025 to Mar 17, 2026
      • Employees · 14 to 13
        May 2, 2025 to Mar 17, 2026
      • Discretionary RAUM · $1.6B to $1.5B
        May 2, 2025 to Mar 17, 2026
      • Non-discretionary RAUM · $758M to $501M
        May 2, 2025 to Mar 17, 2026
      • Pension RAUM · $1.6B to $1.3B
        May 2, 2025 to Mar 17, 2026
      • Pooled vehicle RAUM · $842M to $745M
        May 2, 2025 to Mar 17, 2026
      • RAUM · $2.4B to $2.0B
        May 2, 2025 to Mar 17, 2026
      • Financial planning clients · unset to
        Mar 28, 2025 to May 2, 2025
      • Assets in custody · $243,000 to $423,000
        May 15, 2024 to Mar 28, 2025
      • Employees · 16 to 14
        May 15, 2024 to Mar 28, 2025
      • Discretionary RAUM · $1.8B to $1.6B
        May 15, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $845M to $758M
        May 15, 2024 to Mar 28, 2025
      • Pension RAUM · $1.6B to $1.6B
        May 15, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $987M to $842M
        May 15, 2024 to Mar 28, 2025
      • RAUM · $2.6B to $2.4B
        May 15, 2024 to Mar 28, 2025
      • Assets in custody · $276,000 to $243,000
        Jun 22, 2023 to Mar 25, 2024
      • Discretionary RAUM · $1.8B to $1.8B
        Jun 22, 2023 to Mar 25, 2024
      • Non-discretionary RAUM · $1.1B to $845M
        Jun 22, 2023 to Mar 25, 2024
      • Pension RAUM · $1.9B to $1.6B
        Jun 22, 2023 to Mar 25, 2024
      • Pooled vehicle RAUM · $1.0B to $987M
        Jun 22, 2023 to Mar 25, 2024
      • RAUM · $2.9B to $2.6B
        Jun 22, 2023 to Mar 25, 2024
      • Assets in custody · unset to 276000.0
        Jun 9, 2022 to Mar 27, 2023
      • Custody of client assets · false to true
        Jun 9, 2022 to Mar 27, 2023
      • Discretionary RAUM · $1.7B to $1.8B
        Jun 9, 2022 to Mar 27, 2023
      • Non-discretionary RAUM · $879M to $1.1B
        Jun 9, 2022 to Mar 27, 2023
      • Pension RAUM · $1.6B to $1.9B
        Jun 9, 2022 to Mar 27, 2023
      • Pooled vehicle RAUM · $965M to $1.0B
        Jun 9, 2022 to Mar 27, 2023
      • RAUM · $2.6B to $2.9B
        Jun 9, 2022 to Mar 27, 2023
      • Related adviser · true to false
        Jun 9, 2022 to Mar 27, 2023
      • Advisory employees · 8 to 5
        Nov 18, 2021 to Mar 31, 2022
      • Advisory activities · 2 to 3
        Nov 18, 2021 to Mar 31, 2022
      • Employees · 17 to 16
        Nov 18, 2021 to Mar 31, 2022
      • Discretionary RAUM · $1.5B to $1.7B
        Nov 18, 2021 to Mar 31, 2022
      • Non-discretionary RAUM · $841M to $879M
        Nov 18, 2021 to Mar 31, 2022
      • Pension RAUM · $1.5B to $1.6B
        Nov 18, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $846M to $965M
        Nov 18, 2021 to Mar 31, 2022
      • RAUM · $2.4B to $2.6B
        Nov 18, 2021 to Mar 31, 2022
      • Discretionary RAUM · $1.4B to $1.5B
        Apr 1, 2020 to Mar 30, 2021
      • Non-discretionary RAUM · $839M to $841M
        Apr 1, 2020 to Mar 30, 2021
      Signals
      1 dated events
      • J. James Curtis (Principal, Managing Partner & President) no longer on Schedule A of B•••••• G•••• I•• (listed 2019-03-31, absent 2020-03-30)
        Mar 30, 2020 · 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
      Website
      B••••••GROUPINC.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      415-398-1022reportedpublic record, Form ADV, Jun 1, 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
      Other 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
      Across the graphs

      B•••••• G•••• I•• is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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