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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

P•••• I••••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 106847SEC 801-50838websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 28, 2012 · 26 filings
SEC status approved since Dec 15, 1995
RAUM
$81B
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
0.1%
$104M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$81B
derived; firm RAUM over IAPD count
Employees
164
55 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
6
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$81B as of Mar 30, 2026
Mar 28, 2012$15B then
HNW client RAUM$101M as of Mar 30, 2026
Mar 29, 2018$183M then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 28, 20120 then
Employees (5.A)164 as of Mar 30, 2026
Apr 1, 201370 then
Private funds6 as of Mar 30, 2026
Mar 28, 20126 then
RAUM +28% over the last fiscal year+18% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$81BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
44derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.8MderivedHNW RAUM over HNW clients
Average account
$332MderivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
23%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
164.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+28%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
+4.8%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
$424M, 4 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
  • 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • 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
  • Pooled investment vehicles$36B44%
  • Investment companies$24B30%
  • State and municipal entities$14B18%
  • Pension and profit-sharing plans$3.1B3.9%
  • Other investment advisers$1.2B1.5%
  • Corporations and businesses$1.1B1.3%
  • Insurance companies$573M0.7%
  • Charitable organizations$419M0.5%
  • Sovereign wealth funds$199M0.2%
  • High-net-worth individuals$101M0.1%
  • Individuals$3.4M0.0%
Individual clients
8reported
HNW clients
36reported
Pension plan clients
23reported
Charitable clients
21reported
Accounts
245reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$424M for 4 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.75 institutional_share=0.23 related_bd=true related_bank=false bd_reps=16.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R•••••• S•••••• P••••New York, NyJan 9, 199640 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      12 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      P•••• G••••• V•••• F••• 2• ••••• A• S••••• O• P•••• T••••Other Private Fund$288M2Mar 29, 2019
      P•••• G••••• V•••• F•••• A• S••••• O• P•••• V•••• F•••• P••no longer reportedOther Private Fund$160M13Mar 28, 2012
      P•••• G••••• V•••• F••• •••• A• S••••••• I••••••••• F••• O• P•••• V•••• G•••• T••••no longer reportedOther Private Fund$145M1Mar 28, 2012
      P•••• U••• B••• I•••• F•••• L•Hedge Fund$105M12Mar 29, 2018
      P•••• E••••••• M•••••• F•••••• V•••• F••• •••• A• S••••••• I••••••••• F••• O• P•••• V•••• G•••• T••••Other Private Fund$97.6M1Mar 31, 2014
      P•••• I••••••••• •• U•••• F•••••• V•••• F••• ••••Other Private Fund$78.0M4Mar 29, 2018
      P•••• G••••• B••• I•••• F•••• L•Hedge Fund$45.2M6Mar 29, 2019
      P•••• F•••••• C••••• O••••••••• M••••• F•••• L•Hedge Fund$33.3M9Mar 28, 2024
      P•••• G••••• V•••• F••• ••••• A• S••••• O• P•••• V•••• T••••Other Private Fund$7.5M3Mar 28, 2012
      P•••• I••••••••• V•••• F••• •••• A• S••••••• I••••••••• F••• O• P•••• V•••• G•••• T••••no longer reportedOther Private Fund$6.3M1Mar 28, 2012
      P•••• I••••••••• V•••• F••• ••••• A• S••••• O• P•••• V•••• T••••no longer reportedOther Private Fund$5.6M5Mar 28, 2012
      P•••• I••••••••• V•••• S•••••• A• S••••• O• P•••• I••••••••• M••••••••• I••••••••• L••no longer reportedOther Private Fund$3.0M5Mar 28, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• G•••••••• J•••• · Chief Legal Officercontrol
        since 01/2023 · owns less than 5%
      • C••• C•••••• C••••••• · Chief Executive Officercontrol
        since 02/2019 · owns less than 5%
      • C•••••• S•••••• M••• · Chief Legal Risk Officer And Chief Compliance Officercontrol
        since 01/2023 · owns less than 5%
      • D••••• J••••••• R••• · Chief Financial Officercontrol
        since 07/2016 · owns less than 5%
      • F•••• E•••• K•••• · Chief Operating Officercontrol
        since 09/2019 · owns less than 5%
      • F••••• A••••••• J••• · Presidentcontrol
        since 01/2023 · owns less than 5%
      • G••••• J•••• P••• · Co-Chief Investment Officercontrol
        since 06/1996 · owns less than 5%
      • L•••••• W••••••• L•••• · Vice Chairmancontrol
        since 02/1997 · owns less than 5%
      • P••••• R••••••• S•••••• · Chairman; Co-Chief Investment Officercontrol
        since 12/1995 · owns less than 5%
      • P••••• R••••••• S•••••• · L•••••• Partnercontrol
        since 01/2016 · owns 50% to 75% of P•••• I••••••••• M••••••••• L•
      Entity owners
      • P•••• I••••••••• M••••••••• L• · Member With Class B Units
        direct · owns 75% or more
      • P•••• I••••••••• M••••••••• G•• L•• · General Partner
        indirect · owns F of P•••• I••••••••• M••••••••• L•
      Related persons
      Schedule D 7.A
      • P•••• F•••••••• S•••••••• L••
        broker-dealery
      • P•••• F•••••• C••••• O••••••••• F••• •••• L••
        pooled vehicle sponsory
      • P•••• G••••• B••• I•••• •••• L••
        pooled vehicle sponsory
      • P•••• I••••••••• M••••••••• E••••• L••••••
        investment advisery
      • P•••• U••• B••• I•••• •••• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 241 to 245
        May 20, 2025 to Mar 30, 2026
      • Advisory employees · 51 to 55
        May 20, 2025 to Mar 30, 2026
      • BD registered reps · 17 to 16
        May 20, 2025 to Mar 30, 2026
      • Charity clients · 22 to 21
        May 20, 2025 to Mar 30, 2026
      • Corporate clients · 46 to 45
        May 20, 2025 to Mar 30, 2026
      • HNW clients · 32 to 36
        May 20, 2025 to Mar 30, 2026
      • Individual clients · 10 to 8
        May 20, 2025 to Mar 30, 2026
      • Pension plan clients · 28 to 23
        May 20, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 47 to 53
        May 20, 2025 to Mar 30, 2026
      • Assets in custody · $507M to $424M
        May 20, 2025 to Mar 30, 2026
      • Employees · 159 to 164
        May 20, 2025 to Mar 30, 2026
      • Private funds · 7 to 6
        May 20, 2025 to Mar 30, 2026
      • Discretionary RAUM · $63B to $81B
        May 20, 2025 to Mar 30, 2026
      • HNW RAUM · $95.2M to $101M
        May 20, 2025 to Mar 30, 2026
      • Individual RAUM · $5.1M to $3.4M
        May 20, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $626M to $870M
        May 20, 2025 to Mar 30, 2026
      • Pension RAUM · $3.2B to $3.1B
        May 20, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $26B to $36B
        May 20, 2025 to Mar 30, 2026
      • RAUM · $64B to $81B
        May 20, 2025 to Mar 30, 2026
      • Financial planning clients · unset to
        Mar 28, 2025 to May 20, 2025
      • Accounts · 225 to 241
        Mar 28, 2024 to Mar 28, 2025
      • Charity clients · 20 to 22
        Mar 28, 2024 to Mar 28, 2025
      • Corporate clients · 29 to 46
        Mar 28, 2024 to Mar 28, 2025
      • HNW clients · 30 to 32
        Mar 28, 2024 to Mar 28, 2025
      • Individual clients · 9 to 10
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 53 to 47
        Mar 28, 2024 to Mar 28, 2025
      • Assets in custody · $474M to $507M
        Mar 28, 2024 to Mar 28, 2025
      • Employees · 156 to 159
        Mar 28, 2024 to Mar 28, 2025
      • State-registered IARs · 1 to 0
        Mar 28, 2024 to Mar 28, 2025
      • Discretionary RAUM · $58B to $63B
        Mar 28, 2024 to Mar 28, 2025
      • HNW RAUM · $93.4M to $95.2M
        Mar 28, 2024 to Mar 28, 2025
      • Individual RAUM · $4.2M to $5.1M
        Mar 28, 2024 to Mar 28, 2025
      • Non-discretionary RAUM · $868M to $626M
        Mar 28, 2024 to Mar 28, 2025
      • Pension RAUM · $3.2B to $3.2B
        Mar 28, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $20B to $26B
        Mar 28, 2024 to Mar 28, 2025
      • RAUM · $59B to $64B
        Mar 28, 2024 to Mar 28, 2025
      • Accounts · 228 to 225
        Jan 18, 2024 to Mar 28, 2024
      • Charity clients · 21 to 20
        Jan 18, 2024 to Mar 28, 2024
      • HNW clients · 38 to 30
        Jan 18, 2024 to Mar 28, 2024
      • Individual clients · 5 to 9
        Jan 18, 2024 to Mar 28, 2024
      Signals
      8 dated events
      • P•••• I••••••••• M••••••••• L•• reported RAUM $81.4B, up 28% from $63.7B (2025-05-20 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • Mark Steven Coffey (Chief Legal Risk Officer And Chief Compliance Officer) appeared on Schedule A of P•••• I••••••••• M••••••••• L••
        Jan 30, 2023 · Control person joined · fact
      • Jacob Geoffrey Bauer (Chief Legal Officer) appeared on Schedule A of P•••• I••••••••• M••••••••• L••
        Jan 30, 2023 · Control person joined · fact
      • Jill Allison Fisch (President) appeared on Schedule A of P•••• I••••••••• M••••••••• L••
        Jan 30, 2023 · Control person joined · fact
      • Frances Joan Berger (General Counsel And Chief Compliance Officer) no longer on Schedule A of P•••• I••••••••• M••••••••• L•• (listed 2022-11-23, absent 2023-01-30)
        Jan 30, 2023 · Control person left · inference
      • Keith Evan Fire (Managing Principal; Chief Operating Officer) appeared on Schedule A of P•••• I••••••••• M••••••••• L••
        Mar 27, 2020 · Control person joined · fact
      • J Gary Bachman (Managing Principal; Chief Operating Officer) no longer on Schedule A of P•••• I••••••••• M••••••••• L•• (listed 2019-03-29, absent 2020-03-27)
        Mar 27, 2020 · Control person left · inference
      • Caroline Chenyu Cai (Managing Principal; Executive Vice President) appeared on Schedule A of P•••• I••••••••• M••••••••• L••
        Mar 29, 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
      Business email
      info@pzena.comreportedpublished by the firm, firm site, Sep 17, 2026
      Business phone
      212-355-1600reportedpublished by the firm, firm site, Sep 17, 2026
      Website
      pzena.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-355-1600reportedpublic record, Form ADV, Mar 30, 2026
      Contact form
      pzena.com/contactreportedpublished by the firm, firm site, Sep 17, 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
      $81Bderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026