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.

Former SEC-registered adviser

Bradford & Marzec, LLC

Former SEC-registered adviserLos Angeles, CaliforniaCRD 105654SEC 801-20778IAPD
Latest filing Mar 29, 2016
First filing on the tape Mar 28, 2012 · 11 filings
RAUM
$4.2B
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
32
17 advisory (5.B.1)
Offices
n/a
beyond the principal office
Private funds
1
$377M gross assets
History
11 filings and snapshots on the tape
RAUM$4.2B as of Mar 29, 2016
Mar 28, 2012$4.4B then
HNW client RAUM: no history
State-registered IARs (5.B.3)11 as of Mar 29, 2016
Mar 28, 20120 then
Employees (5.A)32 as of Mar 29, 2016
Mar 27, 201335 then
Private funds1 as of Mar 29, 2016
Mar 16, 20151 then
RAUM -6.2% over the last fiscal year-4.2% a year over threeIARs 10 to 11
Practice profile
derived from the filing of Mar 29, 2016; every figure names its basis
RAUM per advisor
$382MderivedRAUM 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
$5.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.9derivedItem 5.A over advisors
Advisors per office
11.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-6.2%derivedbetween the last two annual amendments
Advisor growth, one year
+10%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
This filing has no Item 5.D breakdown (filings before 2017 reported ranges, not amounts).
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
720reported
Financial planning clients
n/areported
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
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Graham Nigel Allen · Sr. Portfolio Manager/Directorcontrol
      since 10/2003 · owns less than 5%
    • Theodore Edward Bradford · Managing Partner/Directorcontrol
      since 03/1984 · owns less than 5%
    • Eric Jeffrey Brothers · Sr. Portfolio Manager/Directorcontrol
      since 12/1998 · owns less than 5%
    • David Gregory Haendel · Sr. Portfolio Managercontrol
      since 03/2014 · owns less than 5%
    • Ann Zelda Marzec · Managing Partner/Directorcontrol
      since 03/1984 · owns less than 5%
    • Theodore Edward Bradford · Secretary/Treasurercontrol
      since 03/1984 · owns 25% to 50% of Bradford & Marzec, Inc.
    • Ann Zelda Marzec · Presidentcontrol
      since 03/1984 · owns 25% to 50% of Bradford & Marzec, Inc.
    • Jason Rall · Chief Compliance Officer
      since 02/2012 · owns less than 5%
    Entity owners
    • Bradford & Marzec, Inc · Managing Member
      direct · owns 75% or more
    • Bradford & Marzec Employees' LLC · Pass Through Entity For Employee Interests In Bmllc
      direct · owns 10% to 25%
    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
    • Accounts · 686 to 720
      Mar 16, 2015 to Mar 29, 2016
    • Advisory employees · 20 to 17
      Mar 16, 2015 to Mar 29, 2016
    • Employees · 35 to 32
      Mar 16, 2015 to Mar 29, 2016
    • State-registered IARs · 10 to 11
      Mar 16, 2015 to Mar 29, 2016
    • Discretionary RAUM · $4.5B to $4.2B
      Mar 16, 2015 to Mar 29, 2016
    • RAUM · $4.5B to $4.2B
      Mar 16, 2015 to Mar 29, 2016
    • Related adviser · true to false
      Mar 16, 2015 to Mar 29, 2016
    • Accounts · 603 to 686
      Jul 23, 2014 to Mar 16, 2015
    • Advisory employees · 19 to 20
      Jul 23, 2014 to Mar 16, 2015
    • Employees · 38 to 35
      Jul 23, 2014 to Mar 16, 2015
    • State-registered IARs · 12 to 10
      Jul 23, 2014 to Mar 16, 2015
    • Private funds · unset to 1
      Jul 23, 2014 to Mar 16, 2015
    • Discretionary RAUM · $4.5B to $4.5B
      Jul 23, 2014 to Mar 16, 2015
    • RAUM · $4.5B to $4.5B
      Jul 23, 2014 to Mar 16, 2015
    • Related adviser · false to true
      Jul 23, 2014 to Mar 16, 2015
    • Accounts · 632 to 603
      Mar 31, 2014 to Jul 23, 2014
    • Discretionary RAUM · $5.0B to $4.5B
      Mar 31, 2014 to Jul 23, 2014
    • RAUM · $5.0B to $4.5B
      Mar 31, 2014 to Jul 23, 2014
    • Accounts · 598 to 632
      Jan 7, 2014 to Mar 31, 2014
    • Advisory employees · 18 to 19
      Jan 7, 2014 to Mar 31, 2014
    • Employees · 35 to 38
      Jan 7, 2014 to Mar 31, 2014
    • Discretionary RAUM · $4.8B to $5.0B
      Jan 7, 2014 to Mar 31, 2014
    • RAUM · $4.8B to $5.0B
      Jan 7, 2014 to Mar 31, 2014
    • Accounts · 332 to 598
      Sep 17, 2012 to Mar 27, 2013
    • Advisory employees · unset to 18.0
      Sep 17, 2012 to Mar 27, 2013
    • Employees · unset to 35.0
      Sep 17, 2012 to Mar 27, 2013
    • State-registered IARs · 0 to 12
      Sep 17, 2012 to Mar 27, 2013
    • Discretionary RAUM · $4.4B to $4.8B
      Sep 17, 2012 to Mar 27, 2013
    • RAUM · $4.4B to $4.8B
      Sep 17, 2012 to Mar 27, 2013
    Signals
    No event on the tape.
    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