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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Former SEC-registered adviser

B•• P•••••• A•••• M••••••••• U••• I•••

Former SEC-registered adviserNew York, New YorkCRD 105455SEC 801-10577websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Jan 11, 2012 · 49 filings
SEC status approved since Feb 14, 1975
RAUM
$48B
reported, Item 5.F
Discretionary
100%
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
123
68 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
49 filings and snapshots on the tape
RAUM$48B as of Mar 30, 2026
Mar 29, 2012$40B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Apr 1, 20130 then
Employees (5.A)123 as of Mar 30, 2026
Apr 1, 2013128 then
Private funds1 as of Mar 30, 2026
Mar 30, 20172 then
RAUM +11% over the last fiscal year+5.7% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
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
$664MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
54%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+11%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 assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Sovereign wealth funds$25B58%
  • Pooled investment vehicles$17B39%
  • Pension and profit-sharing plans$504M1.2%
  • Corporations and businesses$502M1.2%
  • Charitable organizations$265M0.6%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
4reported
Charitable clients
n/areported
Accounts
73reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
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
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      L•••••• G••••• I•••••••• L••••• B••• F•••Hedge Fund$513M1Mar 30, 2017
      T••••• A••••••• R••••• F•••no longer reportedHedge Fund$74.3M1Mar 30, 2017
      Owners and control persons
      Schedule A and B, latest filing
      • C••••• E•••• D••• · Chief Legal Officercontrol
        since 05/2023 · owns less than 5%
      • F•••••••• G•••• C•••••• · Chief Financial Officer / Treasurercontrol
        since 07/2017 · owns less than 5%
      • L•••••• J••••••• A•••••••• · Director / Chief Executive Officer / Presidentcontrol
        since 01/2021 · owns less than 5%
      • P•••••• S•••••• A•••••• · Chairman / Directorcontrol
        since 12/2017 · owns less than 5%
      • R•••••• A••••• · Chief Operating Officer / Deputy Chief Executive Officercontrol
        since 07/2015 · owns less than 5%
      • T••••••• T••••••• W•••••• · Chief Compliance Officercontrol
        since 06/2019 · owns less than 5%
      • H•••••• R•••••• W•••••• · Director
        since 01/2016 · owns less than 5%
      • P•••••••• F•••••••• D•••••• · Director
        since 04/2021 · owns less than 5%
      • S••••••••• S••••• · Director
        since 05/2023 · owns less than 5%
      Entity owners
      • B•• P•••••• A•••• M••••••••• U•• H•••••••• I••• · Direct Owner
        direct · owns 75% or more
      • B•• P•••••• · Indirect Owner
        indirect · owns 75% or more of B•• P•••••• U•• I••• · public reporting company
      • B•• P•••••• U• W•••••••• H•••••••• C•••• · Indirect Owner
        indirect · owns 75% or more of B•• P•••••• A•••• M••••••••• U•• H•••••••• I•••
      • B•• P•••••• U•• I••• · Indirect Owner
        indirect · owns 75% or more of B•• P•••••• U• W•••••••• H•••••••• C••••
      Related persons
      Schedule D 7.A
      • B•• P••••••
        CPO or CTAy
      • B•• P•••••• A•••• M••••••••• A••• L••
        investment advisern
      • B•• P•••••• A•••• M••••••••• E•••••
        investment advisern
      • B•• P•••••• A•••• M••••••••• E•••••• B•••••• B•••••
        investment advisern
      • B•• P•••••• A•••• M••••••••• E•••••• N••••••••• B•••••
        investment advisern
      • B•• P•••••• A•••• M••••••••• L•••••••••
        investment advisern
      • B•• P•••••• A•••• M••••••••• M••••••• S••• B•••
        investment advisern
      • B•• P•••••• A•••• M••••••••• M••••• S••• D• C••• S••••••• O•••••••• D• F••••• D• I••••••••
        investment advisern
      • B•• P•••••• A•••• M••••••••• U• L••••••
        investment advisernRAUM $54B
      • B•• P•••••• S••••••••• C••••
        broker-dealertrust companypooled vehicle sponsorn
      • B•• P•••••• S••••••••• S•••••••
        custodiann
      • E•••• S•
        broker-dealern
      Advisers that list B•• P•••••• A•••• M••••••••• U••• I••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Boston, MA18 employees
      What changed
      consecutive filings, newest first
      • Accounts · 77 to 73
        Jul 29, 2025 to Mar 30, 2026
      • Advisory employees · 54 to 68
        Jul 29, 2025 to Mar 30, 2026
      • Pension plan clients · 7 to 4
        Jul 29, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 27 to 26
        Jul 29, 2025 to Mar 30, 2026
      • Employees · 105 to 123
        Jul 29, 2025 to Mar 30, 2026
      • Discretionary RAUM · $43B to $48B
        Jul 29, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $212M to $214M
        Jul 29, 2025 to Mar 30, 2026
      • Pension RAUM · $751M to $504M
        Jul 29, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $14B to $17B
        Jul 29, 2025 to Mar 30, 2026
      • RAUM · $44B to $48B
        Jul 29, 2025 to Mar 30, 2026
      • Financial planning clients · 0 to 0
        Mar 28, 2025 to Jul 29, 2025
      • Accounts · 84 to 77
        Mar 28, 2024 to Mar 28, 2025
      • Advisory employees · 53 to 54
        Mar 28, 2024 to Mar 28, 2025
      • Pension plan clients · 8 to 7
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 32 to 27
        Mar 28, 2024 to Mar 28, 2025
      • Employees · 104 to 105
        Mar 28, 2024 to Mar 28, 2025
      • Discretionary RAUM · $42B to $43B
        Mar 28, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $182M to $212M
        Mar 28, 2024 to Mar 28, 2025
      • Pension RAUM · $1.2B to $751M
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $13B to $14B
        Mar 28, 2024 to Mar 28, 2025
      • RAUM · $42B to $44B
        Mar 28, 2024 to Mar 28, 2025
      • Accounts · 85 to 84
        Sep 29, 2023 to Mar 28, 2024
      • Advisory employees · 57 to 53
        Sep 29, 2023 to Mar 28, 2024
      • Pension plan clients · 11 to 8
        Sep 29, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 27 to 32
        Sep 29, 2023 to Mar 28, 2024
      • Employees · 109 to 104
        Sep 29, 2023 to Mar 28, 2024
      • Discretionary RAUM · $41B to $42B
        Sep 29, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $33.4M to $182M
        Sep 29, 2023 to Mar 28, 2024
      • Pension RAUM · $1.8B to $1.2B
        Sep 29, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $11B to $13B
        Sep 29, 2023 to Mar 28, 2024
      • RAUM · $41B to $42B
        Sep 29, 2023 to Mar 28, 2024
      • Accounts · 90 to 85
        Aug 3, 2022 to Mar 30, 2023
      • Advisory employees · 59 to 57
        Aug 3, 2022 to Mar 30, 2023
      • Advisory activities · 3 to 2
        Aug 3, 2022 to Mar 30, 2023
      • BD registered reps · 8 to 0
        Aug 3, 2022 to Mar 30, 2023
      • Pooled vehicle clients · 30 to 27
        Aug 3, 2022 to Mar 30, 2023
      • Employees · 115 to 109
        Aug 3, 2022 to Mar 30, 2023
      • Discretionary RAUM · $52B to $41B
        Aug 3, 2022 to Mar 30, 2023
      • Non-discretionary RAUM · $1.2B to $33.4M
        Aug 3, 2022 to Mar 30, 2023
      • Pension RAUM · $3.4B to $1.8B
        Aug 3, 2022 to Mar 30, 2023
      Signals
      8 dated events
      • B•• P•••••• A•••• M••••••••• U••• I••• no longer on the SEC adviser roster (last listed 2026-07-01, RAUM $48.4B)
        Aug 3, 2026 · Left the SEC roster · derived
      • Ella Cohen (Chief Legal Officer) appeared on Schedule A of B•• P•••••• A•••• M••••••••• U••• I•••
        May 31, 2023 · Control person joined · fact
      • William Andrew Alter (Chief Legal Officer / Secretary) no longer on Schedule A of B•• P•••••• A•••• M••••••••• U••• I••• (listed 2022-06-01, absent 2022-08-03)
        Aug 3, 2022 · Control person left · inference
      • A Johanna Lasker (Director / Chief Executive Officer / President) appeared on Schedule A of B•• P•••••• A•••• M••••••••• U••• I•••
        Jan 13, 2021 · Control person joined · fact
      • Albert Daniel Klein (Director / Chief Executive Officer / President) no longer on Schedule A of B•• P•••••• A•••• M••••••••• U••• I••• (listed 2020-05-06, absent 2021-01-13)
        Jan 13, 2021 · Control person left · inference
      • William Andrew Alter (Chief Legal Officer / Secretary) appeared on Schedule A of B•• P•••••• A•••• M••••••••• U••• I•••
        Feb 13, 2019 · Control person joined · fact
      • William Timothy Trotter (Acting Chief Compliance Officer) appeared on Schedule A of B•• P•••••• A•••• M••••••••• U••• I•••
        Feb 13, 2019 · Control person joined · fact
      • Sue Robin Meister (Chief Compliance Officer / Chief Legal Officer / Secretary) no longer on Schedule A of B•• P•••••• A•••• M••••••••• U••• I••• (listed 2018-11-27, absent 2019-02-13)
        Feb 13, 2019 · 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.
      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
      Former SEC-registered 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