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•••••••• F••• A•••••••

Asset manager (funds and pooled vehicles)San Francisco, CaliforniaCRD 105247SEC 801-22609websiteIAPD
Latest filing May 15, 2026
First filing on the tape Mar 30, 2012 · 78 filings
SEC status approved since Nov 15, 1984
RAUM
$4282B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$535B
derived; firm RAUM over IAPD count
Employees
128
122 advisory (5.B.1)
Offices
6
beyond the principal office
Private funds
0
reported on Schedule D
History
78 filings and snapshots on the tape
RAUM$4282B as of May 15, 2026
Mar 30, 2012$494B then
HNW client RAUM: $0
State-registered IARs (5.B.3)2 as of May 15, 2026
Mar 27, 201355 then
Employees (5.A)128 as of May 15, 2026
Mar 27, 2013516 then
Private funds: 1
RAUM +21% over the last fiscal year+21% a year over threeIARs 2 to 2offices 5 to 6
Practice profile
derived from the filing of May 15, 2026; every figure names its basis
RAUM per advisor
$535BderivedRAUM 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
$7.7BderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
16.0derivedItem 5.A over advisors
Advisors per office
1.1derived7 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, 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
  • 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$4278B100%
  • Pooled investment vehicles$3.2B0.1%
  • State and municipal entities$1.4B0.0%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
556reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=44.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M•••••• F• G••••San Francisco, Ca Dec 4, 200722 y1
R••• M••••••• S•••••San Francisco, CaFeb 6, 200825 y1
J••• P•••••• H•••••Atlanta, Ga Apr 1, 200829 y1
W•••••• S•••• B••••••••San Francisco, CaJan 13, 201026 y0
A••• M• H•••••San Francisco, Ca Jul 26, 201220 y3
A••••• B•••• H••••••New York, Ny Mar 18, 201316 y0
B•••• P•••••• T••••Greenbrae, Ca Sep 10, 201329 y0
G••• J••• A••••New York, Ny Mar 27, 201425 y2
Advisor movement
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 25% of current headcount10 left over 36 months
Left, latest
Joined, latest
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
B•••••••• C••••• T••••••• M•••• M••••• F•••no longer reportedLiquidity Fund$856M1Mar 30, 2012
Owners and control persons
Schedule A and B, latest filing
  • G••••••••• R•••••• L••••••• · D•••••Orcontrol
    since 06/2015 · owns less than 5%
  • P•••• C••••••• C•••• S•• · Chief Compliance Officercontrol
    since 08/2006 · owns less than 5%
  • D••••••• R•••••• A••••• · D•••••Or
    since 06/2023 · owns less than 5%
  • S••••• M••••• · Chief Financial Officer
    since 02/2023 · owns less than 5%
Entity owners
  • B•••••••• D••••••• H••••••• I••• · Sole Shareholder Of Applicant
    direct · owns 75% or more
  • B•••••••• F•••••••• M••••••••• I••• · Sole Member
    indirect · owns 75% or more of B•••••••• H••••• 4• L••
  • B•••••••• H••••• 2• I••• · Sole Shareholder
    indirect · owns 75% or more of B•••••••• F•••••••• M••••••••• I•••
  • B•••••••• H••••• 4• L•• · Sole Member
    indirect · owns 75% or more of B•••••••• H••••• 5• L••
  • B•••••••• H••••• 5• L•• · Sole Member Of 100% Preferred Interests
    indirect · owns F of B•••••••• H••••• 6• L••
  • B•••••••• H••••• 6• L•• · Sole Shareholder
    indirect · owns 75% or more of B•••••••• D••••••• H••••••• I•••
  • B••••••••• I••• · Sole Shareholder
    indirect · owns 75% or more of B•••••••• H••••• 2• I••• · public reporting company
Related persons
Schedule D 7.A
  • 1••• P•••••• E••••• G•• L••
    pooled vehicle sponsory
  • 1••• P•••••• O••••••••• G•• L••
    pooled vehicle sponsorn
  • A••••• G••••• L••
    investment advisery
  • A•• G••••• H••••••••• G• S•• R•••
    pooled vehicle sponsorn
  • A••••••••• P•••••• C••••• O••••••••• F••• I• •••••••• L•••
    pooled vehicle sponsorn
  • A••••••• H••••••• G•••••• L••
    pooled vehicle sponsorn
  • A••••••• H••••••• I•• ••••••• L••
    pooled vehicle sponsorn
  • A••••••• H••••••• I•• •••••••• L••
    pooled vehicle sponsorn
  • B•• C••••••••• F••• •••••••• L••
    pooled vehicle sponsorn
  • B•• C••••••••• F••• I•• •••••••• L••
    pooled vehicle sponsorn
  • B•• C••••••••• F••• I• •••••••• L••
    pooled vehicle sponsorn
  • B•• C••••••••• F••• V• •••••••• L••
    pooled vehicle sponsorn
  • B•• C••••• P••••••••• •••••••• L••
    pooled vehicle sponsory
  • B•• G••• I•• •••••••• L••
    pooled vehicle sponsorn
  • B•• P•••••• C•••••• 2••• •••••••• L••
    pooled vehicle sponsorn
  • B•• P•••••• C•••••• I• •••••••• L••
    pooled vehicle sponsorn
  • B•• P•••••• C•••••• I•• •••••••• L••
    pooled vehicle sponsorn
  • B•• R••• A••••• •••••••• L••
    pooled vehicle sponsorn
  • B•• R••• A••••• I• •••••••• L••
    pooled vehicle sponsorn
  • B•• B••••• I••••••••• G•• L••
    pooled vehicle sponsorn
  • B•• N•• I••••••••• E••••••• M•••••• O••••••••• G•• L••
    pooled vehicle sponsorn
  • B•• N•• I••••••••• E••••••• M•••••• O••••••••• G•• L•••
    pooled vehicle sponsory
  • B• L•••• G••••• L••
    pooled vehicle sponsorn
  • B•••••••• ••••••• I••••••• L••••••
    investment advisern
  • B•••••••• ••••••••• S•••
    investment advisern
  • B•••••••• ••••••••• B•••
    investment advisern
  • B•••••••• ••••••••• L••••••
    investment adviserbanknRAUM $70B
  • B•••••••• A••••••• ••• L••••••
    investment advisern
  • B•••••••• A•••••••• L••
    investment adviserbanknRAUM $1096B
  • B•••••••• A••••••••• A••••••• •••••••• L••
    pooled vehicle sponsorn
Advisers that list B•••••••• F••• A••••••• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
San Francisco, Ca · principal800
New Y•••, Ny201
Boston, Ma000
Huntington Beach, Ca001
Offices
Schedule D 1.F, the 25 largest
  • New Y•••, NY97 employees
  • Princeton, NJ17 employees
  • Atlanta, GA16 employees
  • Philadelphia, PA11 employees
  • Boston, MA3 employees
  • Chicago, IL1 employees
  • Santa Monica, CA1 employees
  • Sausalito, CA1 employees
  • Wilmington, DE
ADV anomalies
3 against comparable advisers; where to look, not conclusions
  • unusually large average accountStatic outlier · filing May 15, 2026
    RAUM per account of $7,701,842,387 against a peer median of $426,672,517 (326 comparable advisers, 98.0th percentile, 23.9 robust deviations)
    peers: ASSET_M••••••, $20B and over (326) · 98% percentile
  • very h••• RAUM per advisorStatic outlier · filing May 15, 2026
    RAUM per registered advisor of $535,278,045,870 against a peer median of $3,819,469,289 (75 comparable advisers, 100.0th percentile, 121.8 robust deviations)
    peers: ASSET_M••••••, $20B and over (75) · 100% percentile
  • large related person networkStatic outlier · filing May 15, 2026
    related persons on Schedule D 7.A of 257.0 against a peer median of 18.0 (428 comparable advisers, 98.0th percentile, 13.4 robust deviations)
    peers: ASSET_M••••••, $20B and over (428) · 98% percentile
What changed
consecutive filings, newest first
  • Accounts · 541 to 556
    Jan 27, 2026 to Mar 31, 2026
  • Advisory employees · 120 to 122
    Jan 27, 2026 to Mar 31, 2026
  • BD registered reps · 47 to 44
    Jan 27, 2026 to Mar 31, 2026
  • Employees · 126 to 128
    Jan 27, 2026 to Mar 31, 2026
  • Insurance-licensed employees · 0 to 2
    Jan 27, 2026 to Mar 31, 2026
  • Other offices · 5 to 6
    Jan 27, 2026 to Mar 31, 2026
  • Discretionary RAUM · $3535B to $4282B
    Jan 27, 2026 to Mar 31, 2026
  • Pooled vehicle RAUM · $58B to $3.2B
    Jan 27, 2026 to Mar 31, 2026
  • RAUM · $3535B to $4282B
    Jan 27, 2026 to Mar 31, 2026
  • Financial planning clients · unset to
    Jun 18, 2025 to Jul 30, 2025
  • Accounts · 522 to 541
    Feb 12, 2025 to Mar 31, 2025
  • Advisory employees · 283 to 120
    Feb 12, 2025 to Mar 31, 2025
  • BD registered reps · 294 to 47
    Feb 12, 2025 to Mar 31, 2025
  • Pooled vehicle clients · 7 to 8
    Feb 12, 2025 to Mar 31, 2025
  • Employees · 700 to 126
    Feb 12, 2025 to Mar 31, 2025
  • Insurance-licensed employees · 28 to 0
    Feb 12, 2025 to Mar 31, 2025
  • State-registered IARs · 1 to 2
    Feb 12, 2025 to Mar 31, 2025
  • Other offices · 9 to 5
    Feb 12, 2025 to Mar 31, 2025
  • Discretionary RAUM · $3047B to $3535B
    Feb 12, 2025 to Mar 31, 2025
  • Pooled vehicle RAUM · $1.4B to $58B
    Feb 12, 2025 to Mar 31, 2025
  • RAUM · $3047B to $3535B
    Feb 12, 2025 to Mar 31, 2025
  • Accounts · 481 to 522
    Nov 22, 2023 to Mar 28, 2024
  • Advisory employees · 319 to 283
    Nov 22, 2023 to Mar 28, 2024
  • BD registered reps · 315 to 294
    Nov 22, 2023 to Mar 28, 2024
  • Pooled vehicle clients · 4 to 7
    Nov 22, 2023 to Mar 28, 2024
  • Employees · 754 to 700
    Nov 22, 2023 to Mar 28, 2024
  • Insurance-licensed employees · 30 to 28
    Nov 22, 2023 to Mar 28, 2024
  • Other offices · 8 to 9
    Nov 22, 2023 to Mar 28, 2024
  • Discretionary RAUM · $2407B to $3047B
    Nov 22, 2023 to Mar 28, 2024
  • Pooled vehicle RAUM · $2.3B to $1.4B
    Nov 22, 2023 to Mar 28, 2024
  • RAUM · $2407B to $3047B
    Nov 22, 2023 to Mar 28, 2024
  • Accounts · 471 to 481
    Sep 1, 2022 to Mar 30, 2023
  • Advisory employees · 298 to 319
    Sep 1, 2022 to Mar 30, 2023
  • BD registered reps · 319 to 315
    Sep 1, 2022 to Mar 30, 2023
  • Pooled vehicle clients · 3 to 4
    Sep 1, 2022 to Mar 30, 2023
  • Employees · 710 to 754
    Sep 1, 2022 to Mar 30, 2023
  • Insurance-licensed employees · 49 to 30
    Sep 1, 2022 to Mar 30, 2023
  • Other offices · 16 to 8
    Sep 1, 2022 to Mar 30, 2023
  • Discretionary RAUM · $2757B to $2407B
    Sep 1, 2022 to Mar 30, 2023
  • Pooled vehicle RAUM · $2.5B to $2.3B
    Sep 1, 2022 to Mar 30, 2023
Signals
21 dated events
  • W•••••• B•••••• B••• left B•••••••• F••• A••••••• for C•••••• C••••• G••••• I••• (registered 2026-05-11)
    Apr 13, 2026 · Advisor changed firm · fact
  • M•••••• J•••• K•••••• left B•••••••• F••• A••••••• for S••••• W••••• A•••••••• I••• (registered 2025-12-16)
    Sep 22, 2025 · Advisor changed firm · fact
  • M••••• J••• left B•••••••• F••• A••••••• for E•••••••• W••••• M••••••••• (registered 2025-04-22)
    Mar 5, 2025 · Advisor changed firm · fact
  • D••••• H•••• F•••• left B•••••••• F••• A••••••• for W•••• F•••• A••••••• (registered 2024-11-01)
    Nov 5, 2024 · Advisor changed firm · fact
  • J••••• M• H••••• left B•••••••• F••• A••••••• for T• R••• P•••• A••••••••• I••• (registered 2024-12-12)
    Nov 5, 2024 · Advisor changed firm · fact
  • E•••••••• L•••• D••••• left B•••••••• F••• A••••••• for T•• I••••••••• M••••••••• C•••••• L•• (registered 2024-10-14)
    Oct 1, 2024 · Advisor changed firm · fact
  • A•••• J•••• R•• left B•••••••• F••• A••••••• for N••••• A•••• M••••••••• L•• (registered 2024-05-24)
    May 7, 2024 · Advisor changed firm · fact
  • B•••••••• F••• A••••••• reported RAUM $3.0T, up 27% from $2.4T (2023-11-22 to 2024-03-28)
    Mar 28, 2024 · RAUM change · derived
  • T•••••• N••••• T••••• left B•••••••• F••• A••••••• for T•• I••••••••• M••••••••• C•••••• L•• (registered 2024-03-25)
    Mar 11, 2024 · Advisor changed firm · fact
  • T••••• P•••••• K•••• left B•••••••• F••• A••••••• for C•••••• A••••••• L•• (registered 2024-04-25)
    Jan 12, 2024 · Advisor changed firm · fact
  • K•••• A••• V••••••• left B•••••••• F••• A••••••• for T•• I••••••••• M••••••••• C•••••• L•• (registered 2024-01-16)
    Dec 7, 2023 · Advisor changed firm · fact
  • Stephen Gary Shedlin (Chief Financial Officer) no longer on Schedule A of B•••••••• F••• A••••••• (listed 2023-05-22, absent 2023-07-06)
    Jul 6, 2023 · Control person left · inference
  • K••• E••••• R••••• left B•••••••• F••• A••••••• for U•• F•••••••• S••••••• I••• (registered 2024-06-04)
    Jul 5, 2023 · Advisor changed firm · fact
  • B•••••••• F••• A••••••• reported 8 offices beyond its principal office, down from 16 (2022-09-01 to 2023-03-30)
    Mar 30, 2023 · Office count change · derived
  • Russell D••••• Waltcher (Director) no longer on Schedule A of B•••••••• F••• A••••••• (listed 2022-09-01, absent 2023-03-30)
    Mar 30, 2023 · Control person left · inference
  • Douglas Laurence Fink (Chief Executive Officer) no longer on Schedule A of B•••••••• F••• A••••••• (listed 2021-02-17, absent 2021-03-25)
    Mar 25, 2021 · Control person left · inference
  • Steven R••••• Kapito (President) no longer on Schedule A of B•••••••• F••• A••••••• (listed 2021-02-17, absent 2021-03-25)
    Mar 25, 2021 · Control person left · inference
  • J••••• C••••••••• M•••• (General Counsel And Chief Legal Officer) no longer on Schedule A of B•••••••• F••• A••••••• (listed 2021-02-17, absent 2021-03-25)
    Mar 25, 2021 · Control person left · inference
  • B•••••••• F••• A••••••• reported RAUM $1.9T, up 28% from $1.5T (2019-10-04 to 2020-03-26)
    Mar 26, 2020 · RAUM change · derived
  • B•••••••• F••• A••••••• reported 0 state-registered advisory representatives, down from 39 (2018-08-24 to 2019-03-27)
    Mar 27, 2019 · Advisor headcount change · derived
  • B•••••••• F••• A••••••• reported RAUM $1.5T, up 39% from $1.1T (2017-08-28 to 2018-03-29)
    Mar 29, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
How to reach
public business contact points only, each with its source
Firm profile
linkedin.com/company/blackrockreportedpublic record, Form ADV, Sep 18, 2026
Firm profile
linkedin.com/company/isharesreportedpublic record, Form ADV, Sep 18, 2026
Website
blackrock.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
415 670 2000reportedpublic record, Form ADV, May 15, 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
$535Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026