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

O••••• R••• E••••• A••••••• I••

Asset manager (funds and pooled vehicles)Pittsburgh, PennsylvaniaCRD 107209SEC 801-50212websiteIAPD
Latest filing Feb 23, 2024
First filing on the tape Apr 2, 2012 · 13 filings
SEC status approved since Sep 29, 1995
RAUM
$117M
reported, Item 5.F
Discretionary
0.0%
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
2
0 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$117M as of Feb 23, 2024
Apr 2, 2012$296M then
HNW client RAUM$0 as of Feb 23, 2024
Mar 28, 2018$0 then
State-registered IARs (5.B.3)0 as of Feb 23, 2024
Apr 2, 20120 then
Employees (5.A)2 as of Feb 23, 2024
Mar 28, 20134 then
Private funds1 as of Feb 23, 2024
Apr 2, 20121 then
RAUM -9.6% over the last fiscal year-9.2% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Feb 23, 2024; 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
$117MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
0.0%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
-9.6%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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, otherreportedItem 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
  • a related person has custody of client cash (9.B.1.a)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$117M100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      T•• O••••• F•••• L•••Real Estate Fund$03Apr 2, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • G••• S•••••• J••• · Chief Compliance Officercontrol
        since 07/1995 · owns 10% to 25%
      • M••••• M•••• E• · Director/Shareholdercontrol
        since 07/1995 · owns 10% to 25%
      • L••••• A•••• V• · Trusteecontrol
        since 04/2007 · owns 75% or more of A••• V• L•••• M•••••• T••••
      • L••••• B•••••••• J••••• · Trusteecontrol
        since 11/2012 · owns F of A••• V• L•••• M•••••• T••••
      • A•••••• B••••• M•••••• · Vice President/Secretary
        since 02/2010 · owns less than 5%
      • M•••••• D••••• M•••••• · Director/Shareholder
        since 07/1995 · owns 10% to 25%
      Entity owners
      • A••• V• L•••• M•••••• T•••• · Shareholder
        direct · owns 25% to 50%
      Related persons
      Schedule D 7.A
      • O••••• F••• M••••••••• I•••
        pooled vehicle sponsorn
      • O••••• R••••• S•••••••• I•••
        investment companyn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • low discretionary shareStatic outlier · filing Feb 23, 2024
        discretionary share of RAUM of 0% against a peer median of 100% (1567 comparable advisers, 0.0th percentile, 33.7 robust deviations)
        peers: asset managers, $100M to $500M (1,567) · 0.0% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 2 to 1
        Mar 29, 2023 to Feb 23, 2024
      • Employees · 0 to 2
        Mar 29, 2023 to Feb 23, 2024
      • Non-discretionary RAUM · $129M to $117M
        Mar 29, 2023 to Feb 23, 2024
      • Pooled vehicle RAUM · $129M to $117M
        Mar 29, 2023 to Feb 23, 2024
      • RAUM · $129M to $117M
        Mar 29, 2023 to Feb 23, 2024
      • Non-discretionary RAUM · $144M to $129M
        Mar 24, 2022 to Mar 29, 2023
      • Pooled vehicle RAUM · $144M to $129M
        Mar 24, 2022 to Mar 29, 2023
      • RAUM · $144M to $129M
        Mar 24, 2022 to Mar 29, 2023
      • Non-discretionary RAUM · $156M to $144M
        Mar 25, 2021 to Mar 24, 2022
      • Pooled vehicle RAUM · $156M to $144M
        Mar 25, 2021 to Mar 24, 2022
      • RAUM · $156M to $144M
        Mar 25, 2021 to Mar 24, 2022
      • Non-discretionary RAUM · $171M to $156M
        Mar 31, 2020 to Mar 25, 2021
      • Pooled vehicle RAUM · $171M to $156M
        Mar 31, 2020 to Mar 25, 2021
      • RAUM · $171M to $156M
        Mar 31, 2020 to Mar 25, 2021
      • Non-discretionary RAUM · $179M to $171M
        Mar 29, 2019 to Mar 31, 2020
      • Pooled vehicle RAUM · $179M to $171M
        Mar 29, 2019 to Mar 31, 2020
      • RAUM · $179M to $171M
        Mar 29, 2019 to Mar 31, 2020
      • Non-discretionary RAUM · $537M to $179M
        Mar 28, 2018 to Mar 29, 2019
      • Pooled vehicle RAUM · $537M to $179M
        Mar 28, 2018 to Mar 29, 2019
      • RAUM · $537M to $179M
        Mar 28, 2018 to Mar 29, 2019
      • Charity clients · unset to 0.0
        Mar 31, 2017 to Mar 28, 2018
      • Corporate clients · unset to 0.0
        Mar 31, 2017 to Mar 28, 2018
      • HNW clients · unset to 0.0
        Mar 31, 2017 to Mar 28, 2018
      • Individual clients · unset to 0.0
        Mar 31, 2017 to Mar 28, 2018
      • Pension plan clients · unset to 0.0
        Mar 31, 2017 to Mar 28, 2018
      • Pooled vehicle clients · unset to 2.0
        Mar 31, 2017 to Mar 28, 2018
      • Other offices · unset to 0.0
        Mar 31, 2017 to Mar 28, 2018
      • HNW RAUM · unset to 0.0
        Mar 31, 2017 to Mar 28, 2018
      • Individual RAUM · unset to 0.0
        Mar 31, 2017 to Mar 28, 2018
      • Non-discretionary RAUM · $511M to $537M
        Mar 31, 2017 to Mar 28, 2018
      • Pension RAUM · unset to 0.0
        Mar 31, 2017 to Mar 28, 2018
      • Pooled vehicle RAUM · unset to 537000000.0
        Mar 31, 2017 to Mar 28, 2018
      • RAUM · $511M to $537M
        Mar 31, 2017 to Mar 28, 2018
      • Non-discretionary RAUM · $394M to $511M
        Mar 31, 2016 to Mar 31, 2017
      • RAUM · $394M to $511M
        Mar 31, 2016 to Mar 31, 2017
      • Non-discretionary RAUM · $323M to $394M
        Mar 31, 2015 to Mar 31, 2016
      • RAUM · $323M to $394M
        Mar 31, 2015 to Mar 31, 2016
      • Advisory employees · 4 to 0
        Mar 31, 2014 to Mar 31, 2015
      • Employees · 4 to 0
        Mar 31, 2014 to Mar 31, 2015
      • State-registered IARs · 2 to 0
        Mar 31, 2014 to Mar 31, 2015
      Signals
      4 dated events
      • Lebowitz Myrna Mason (Shareholder) no longer on Schedule A of O••••• R••• E••••• A••••••• I•• (listed 2023-03-29, absent 2024-02-23)
        Feb 23, 2024 · Control person left · inference
      • D Thomas Wright (Trustee) no longer on Schedule A of O••••• R••• E••••• A••••••• I•• (listed 2023-03-29, absent 2024-02-23)
        Feb 23, 2024 · Control person left · inference
      • Sy Holzer (Trustee) no longer on Schedule A of O••••• R••• E••••• A••••••• I•• (listed 2019-03-29, absent 2020-03-31)
        Mar 31, 2020 · Control person left · inference
      • O••••• R••• E••••• A••••••• I•• reported RAUM $178.7M, down 67% from $537.0M (2018-03-28 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      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
      w••.o•••••••.com (NOT ACTIVE AT THIS TIME)reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      412-261-1500reportedpublic record, Form ADV, Feb 23, 2024
      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
      Across the graphs

      O••••• R••• E••••• A••••••• I•• is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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