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
S••••••••• I••••••••• M••••••••• L••
Latest filing Apr 9, 2026
First filing on the tape Apr 2, 2012 · 39 filings
SEC status approved since Mar 15, 1994
RAUM
$12B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.3%
$30.1M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
49
17 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
reported on Schedule D
History
39 filings and snapshots on the tape
RAUM$12B as of Apr 9, 2026
Apr 2, 2012$18B then
HNW client RAUM$30.1M as of Apr 9, 2026
Mar 30, 2018$43.7M then
State-registered IARs (5.B.3)0 as of Apr 9, 2026
Mar 26, 20130 then
Employees (5.A)49 as of Apr 9, 2026
Mar 26, 201331 then
Private funds4 as of Apr 9, 2026
Apr 2, 20122 then
RAUM -25% over the last fiscal year-12% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 9, 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
- $2.5MderivedHNW RAUM over HNW clients
- Average account
- $339MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 39%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
- -25%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 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
- 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)
- an independent public accountant performs a surprise examination (9.C.1)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- State and municipal entities$3.8B33%
- Investment companies$3.8B33%
- Pooled investment vehicles$3.2B28%
- Charitable organizations$669M5.8%
- Pension and profit-sharing plans$105M0.9%
- High-net-worth individuals$30.1M0.3%
- Individual clients
- n/areported
- HNW clients
- 12reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 34reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.6 institutional_share=0.39 related_bd=false related_bank=false bd_reps=4.0derived
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
5 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| S••••••••• A•• C•••••• W•••• F••• •••••••••no longer reported | Other Private Fund | $1.3B | 2 | Apr 28, 2021 |
| S••••••••• G•••• T••••• S••••••••• U••• I••••••••• P••••• F•••no longer reported | Other Private Fund | $433M | 4 | Apr 2, 2012 |
| S••••••••• A•• C•••••• W•••• E• U• P••••• F••• | Other Private Fund | $348M | 7 | Mar 30, 2018 |
| S••••••••• D••••••• S•••••••• T••••• S••••••••• U••• I••••••••• I••••••••• F••• | Other Private Fund | $152M | 6 | Apr 2, 2012 |
| S••••••••• G•••• T••••• S••••••••• U••• G••••• P••••• F•••no longer reported | Other Private Fund | $85.6M | 1 | Mar 26, 2013 |
Owners and control persons
Schedule A and B, latest filing
- C•••• K•••• · Chief Financial Officercontrolsince 12/2016 · owns less than 5%
- D••••••• J•••••• P•••• · Chief Compliance Officercontrolsince 11/2019 · owns less than 5%
- G••••• J•••••• E••••• · Chief Legal Officercontrolsince 10/2020 · owns less than 5%
- K••••• A•••• · Chief Executive Officer, Director, Managing Director & Portfolio Managercontrolsince 01/2022 · owns 10% to 25%
- M••••• S•••••• · Senior Investment Analystcontrolsince 01/2006 · owns 10% to 25%
- W••• S•••••• · Director, Managing Director & Portfolio Managercontrolsince 01/2013 · owns 10% to 25%
- B••••••• H•••••• T••••• · Independent Directorsince 05/2024 · owns less than 5%
- B••••••• G•••••• W•••••• · Independent Directorsince 05/2024 · owns less than 5%
- J••••• T•••••• · Executive Vice President, Head Of Marketing & Client Servicessince 08/2010 · owns 5% to 10%
- S•••••• E••• · Manager, Head Equity Tradersince 07/2022 · owns 5% to 10%
- S•••••• J•••••••• J••••• · Assistant Portfolio Manager & Research Directorsince 04/2020 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
3 against comparable advisers; where to look, not conclusions
- high institutional concentrationStatic outlier · filing Apr 9, 2026institutional share of RAUM of 39% against a peer median of 0% (684 comparable advisers, 100.0th percentile, 13.3 robust deviations)peers: asset managers, $5B to $20B (684) · 100% percentile
- private fund count surgeChange between filings · filing Apr 9, 2026private funds (Schedule D 7.B.1) moved from 2.0 to 4.0 (+100.0%) between the annual amendments of 2025-03-25 and 2026-04-09; the peer median change was +3.0% (487 comparable advisers, 98.0th percentile of changes)peers: asset managers, $5B to $20B (487) · 98% percentile
- RAUM down 25 %Change between filings · filing Apr 9, 2026RAUM (Item 5.F) moved from $15,384,784,118 to $11,534,579,739 (-25.0%) between the annual amendments of 2025-03-25 and 2026-04-09; the peer median change was +13.0% (631 comparable advisers, 4.0th percentile of changes)peers: asset managers, $5B to $20B (631) · 3.7% percentile
What changed
consecutive filings, newest first
- Accounts · 47 to 34Mar 25, 2025 to Mar 30, 2026
- Advisory employees · 18 to 17Mar 25, 2025 to Mar 30, 2026
- HNW clients · 13 to 12Mar 25, 2025 to Mar 30, 2026
- Pooled vehicle clients · 25 to 35Mar 25, 2025 to Mar 30, 2026
- Employees · 60 to 49Mar 25, 2025 to Mar 30, 2026
- Private funds · 2 to 4Mar 25, 2025 to Mar 30, 2026
- Discretionary RAUM · $15B to $12BMar 25, 2025 to Mar 30, 2026
- HNW RAUM · $16.0M to $30.1MMar 25, 2025 to Mar 30, 2026
- Pension RAUM · $118M to $105MMar 25, 2025 to Mar 30, 2026
- Pooled vehicle RAUM · $4.0B to $3.2BMar 25, 2025 to Mar 30, 2026
- RAUM · $15B to $12BMar 25, 2025 to Mar 30, 2026
- Accounts · 53 to 47May 22, 2024 to Mar 25, 2025
- Advisory employees · 20 to 18May 22, 2024 to Mar 25, 2025
- Pooled vehicle clients · 31 to 25May 22, 2024 to Mar 25, 2025
- Financial planning clients · unset to May 22, 2024 to Mar 25, 2025
- HQ state · unset to May 22, 2024 to Mar 25, 2025
- Discretionary RAUM · $17B to $15BMay 22, 2024 to Mar 25, 2025
- HNW RAUM · $16.3M to $16.0MMay 22, 2024 to Mar 25, 2025
- Pension RAUM · $102M to $118MMay 22, 2024 to Mar 25, 2025
- Pooled vehicle RAUM · $4.7B to $4.0BMay 22, 2024 to Mar 25, 2025
- RAUM · $17B to $15BMay 22, 2024 to Mar 25, 2025
- Accounts · 73 to 53Mar 31, 2023 to Mar 28, 2024
- Advisory employees · 19 to 20Mar 31, 2023 to Mar 28, 2024
- BD registered reps · 5 to 4Mar 31, 2023 to Mar 28, 2024
- HNW clients · unset to 13.0Mar 31, 2023 to Mar 28, 2024
- Pooled vehicle clients · 16 to 31Mar 31, 2023 to Mar 28, 2024
- Employees · 58 to 60Mar 31, 2023 to Mar 28, 2024
- Discretionary RAUM · $17B to $17BMar 31, 2023 to Mar 28, 2024
- HNW RAUM · $0 to $16.3MMar 31, 2023 to Mar 28, 2024
- Pension RAUM · $330M to $102MMar 31, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $4.6B to $4.7BMar 31, 2023 to Mar 28, 2024
- RAUM · $17B to $17BMar 31, 2023 to Mar 28, 2024
- Accounts · 22 to 73Sep 14, 2022 to Mar 29, 2023
- Advisory employees · 18 to 19Sep 14, 2022 to Mar 29, 2023
- Pooled vehicle clients · 14 to 16Sep 14, 2022 to Mar 29, 2023
- Employees · 57 to 58Sep 14, 2022 to Mar 29, 2023
- Private funds · 4 to 2Sep 14, 2022 to Mar 29, 2023
- Discretionary RAUM · $24B to $17BSep 14, 2022 to Mar 29, 2023
- Pension RAUM · $799M to $330MSep 14, 2022 to Mar 29, 2023
- Pooled vehicle RAUM · $10B to $4.6BSep 14, 2022 to Mar 29, 2023
Signals
7 dated events
- S••••••••• I••••••••• M••••••••• L•• reported RAUM $11.5B, down 25% from $15.4B (2025-03-25 to 2026-03-30)Mar 30, 2026 · RAUM change · derived
- S••••••••• I••••••••• M••••••••• L•• reported RAUM $16.8B, down 31% from $24.5B (2022-09-14 to 2023-03-29)Mar 29, 2023 · RAUM change · derived
- J••••• Jonathan Singer (Assistant Portfolio Manager & Research Director) appeared on Schedule A of S••••••••• I••••••••• M••••••••• L••Mar 28, 2022 · Control person joined · fact
- S••••••••• I••••••••• M••••••••• L•• reported RAUM $22.5B, up 50% from $15.0B (2020-09-09 to 2021-03-26)Mar 26, 2021 · RAUM change · derived
- Anthony Louis Shapiro (Chief Legal Officer) no longer on Schedule A of S••••••••• I••••••••• M••••••••• L•• (listed 2020-09-09, absent 2021-03-26)Mar 26, 2021 · Control person left · inference
- Edward Jeremy Gauld (Chief Legal Officer) appeared on Schedule A of S••••••••• I••••••••• M••••••••• L••Mar 26, 2021 · Control person joined · fact
- P•••• J••••• Dasilva (Chief Compliance Officer) appeared on Schedule A of S••••••••• I••••••••• M••••••••• L••Nov 1, 2019 · Control person joined · fact
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
- S•••••••••.COMreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 416-363-5854reportedpublic record, Form ADV, Apr 9, 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
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026