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

Georgina Asset Management LLC

Former SEC-registered adviserSanta Monica, CaliforniaCRD 107949SEC 801-57689websiteIAPD
Latest filing Mar 31, 2025
First filing on the tape Mar 30, 2012 · 20 filings
SEC status approved since Jun 23, 2000
RAUM
$358M
reported, Item 5.F
Discretionary
44%
of RAUM
Private clients
68%
$243M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$358M as of Mar 31, 2025
Mar 30, 2012$141M then
HNW client RAUM$242M as of Mar 31, 2025
Mar 29, 2018$150M then
State-registered IARs (5.B.3)2 as of Mar 31, 2025
Mar 30, 20120 then
Employees (5.A)3 as of Mar 31, 2025
Mar 27, 20132 then
Private funds1 as of Mar 31, 2025
Mar 31, 20141 then
RAUM +4.5% over the last fiscal year-4.9% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 31, 2025; every figure names its basis
RAUM per advisor
$179MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$18.6MderivedHNW RAUM over HNW clients
Average account
$19.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
44%derivedof RAUM
Institutional
32%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+4.5%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 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 individuals, selection of other advisersreportedItem 5.G
Custody
$117M, 10 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$242M68%
  • Charitable organizations$114M32%
  • Individuals$1.1M0.3%
  • Pension and profit-sharing plans$1.1M0.3%
Individual clients
n/areported
HNW clients
13reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
18reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$117M for 10 clientsreported
Compensation
% of AUM, fixed, 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
2 left, 0 joined in 12 months
net -2 in 12 months0 left in 90 days0 joined in 90 days2 left over 36 months
Left, latest
Joined, latest
none on the tape
    Teams: two or more advisors moving together within fourteen days, from one state
      Private funds
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Kc Target Opportunity Fund I, LPVenture Capital Fund$4.3M35Mar 31, 2014
      Owners and control persons
      Schedule A and B, latest filing
      • Lee Anthony Blueford · Chief Compliance Officercontrol
        since 01/2020 · owns less than 5%
      • Howard Robert Lipp · Managing Directorcontrol
        since 02/2024 · owns less than 5%
      • Howard Robert Lipp · Trusteecontrol
        since 05/2021 · owns F of Lipp 2021 Revocable Trust
      Entity owners
      • Gam Investment Holdings, LLC · Member
        direct · owns 75% or more
      • Arax Business Trust · Member
        indirect · owns 75% or more of Arax Investment Partners, LLC
      • Arax Investment Partners, LLC · Member
        indirect · owns 75% or more of Arax Midco, LLC
      • Arax Midco, LLC · Member
        indirect · owns 75% or more of Arax Wealth Management, LLC
      • Arax Wealth Management, LLC · Member
        indirect · owns 50% to 75% of Gam Investment Holdings, LLC
      • Lipp 2021 Revocable Trust · Member
        indirect · owns 75% or more of Westwood Financial Holdings, LLC
      • Redbird Capital Partners Fund IV Genpar LLC · Trustee
        indirect · owns F of Arax Business Trust
      • Westwood Financial Holdings, LLC · Member
        indirect · owns 25% to 50% of Gam Investment Holdings, LLC
      Related persons
      Schedule D 7.A
      • 17th Street Partners Inc.
        pooled vehicle sponsorn
      Advisers that list Georgina Asset Management LLC as a related person
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Santa Monica, Ca · principal0021
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 19 to 18
        Mar 28, 2024 to Mar 31, 2025
      • Assets in custody · $76.1M to $117M
        Mar 28, 2024 to Mar 31, 2025
      • Discretionary RAUM · $125M to $157M
        Mar 28, 2024 to Mar 31, 2025
      • HNW RAUM · $216M to $242M
        Mar 28, 2024 to Mar 31, 2025
      • Individual RAUM · $5.4M to $1.1M
        Mar 28, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $218M to $201M
        Mar 28, 2024 to Mar 31, 2025
      • Pension RAUM · $1.1M to $1.1M
        Mar 28, 2024 to Mar 31, 2025
      • RAUM · $343M to $358M
        Mar 28, 2024 to Mar 31, 2025
      • HNW clients · 11 to 13
        Mar 31, 2023 to Mar 7, 2024
      • Individual clients · 7.0 to unset
        Mar 31, 2023 to Mar 7, 2024
      • Pooled vehicle clients · 0.0 to unset
        Mar 31, 2023 to Mar 7, 2024
      • Assets in custody · $16.3M to $76.1M
        Mar 31, 2023 to Mar 7, 2024
      • Discretionary RAUM · $115M to $125M
        Mar 31, 2023 to Mar 7, 2024
      • HNW RAUM · $201M to $216M
        Mar 31, 2023 to Mar 7, 2024
      • Individual RAUM · $8.5M to $5.4M
        Mar 31, 2023 to Mar 7, 2024
      • Non-discretionary RAUM · $220M to $218M
        Mar 31, 2023 to Mar 7, 2024
      • Pension RAUM · $1.1M to $1.1M
        Mar 31, 2023 to Mar 7, 2024
      • RAUM · $334M to $343M
        Mar 31, 2023 to Mar 7, 2024
      • Related adviser · true to false
        Mar 31, 2023 to Mar 7, 2024
      • Accounts · 18 to 19
        Mar 31, 2022 to Mar 31, 2023
      • Individual clients · 6 to 7
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · $24.0M to $16.3M
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $142M to $115M
        Mar 31, 2022 to Mar 31, 2023
      • HNW RAUM · $264M to $201M
        Mar 31, 2022 to Mar 31, 2023
      • Individual RAUM · $6.7M to $8.5M
        Mar 31, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $275M to $220M
        Mar 31, 2022 to Mar 31, 2023
      • Pension RAUM · $1.6M to $1.1M
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $417M to $334M
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 2 to 3
        Oct 14, 2021 to Mar 31, 2022
      • Discretionary RAUM · $125M to $142M
        Oct 14, 2021 to Mar 31, 2022
      • HNW RAUM · $175M to $264M
        Oct 14, 2021 to Mar 31, 2022
      • Individual RAUM · $7.5M to $6.7M
        Oct 14, 2021 to Mar 31, 2022
      • Non-discretionary RAUM · $187M to $275M
        Oct 14, 2021 to Mar 31, 2022
      • Pension RAUM · $1.7M to $1.6M
        Oct 14, 2021 to Mar 31, 2022
      • RAUM · $312M to $417M
        Oct 14, 2021 to Mar 31, 2022
      • Accounts · 16 to 18
        Oct 14, 2021 to Mar 31, 2022
      • Advisory employees · 2 to 3
        Oct 14, 2021 to Mar 31, 2022
      • Individual clients · unset to 6.0
        Oct 14, 2021 to Mar 31, 2022
      • Assets in custody · $48.1M to $24.0M
        Oct 14, 2021 to Mar 31, 2022
      • HQ city · unset to SANTA MONICA
        Mar 31, 2021 to Oct 14, 2021
      Signals
      8 dated events
      • Georgina Asset Management Llc no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $357.8M)
        Dec 20, 2025 · Left the SEC roster · derived
      • Anthony Lee Blueford left Georgina Asset Management Llc for Arax Advisory Partners (registered 2025-11-10)
        Nov 19, 2025 · Advisor changed firm · fact
      • Robert Howard Lipp left Georgina Asset Management Llc for Arax Advisory Partners (registered 2025-11-10)
        Nov 19, 2025 · Advisor changed firm · fact
      • 2 advisors left Georgina Asset Management LLC (Santa Monica, CA) for Arax Advisory Partners on the same day
        Nov 19, 2025 · Team lift-out · derived
      • Georgina Asset Management Llc reported RAUM $416.6M, up 33% from $312.1M (2021-10-14 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • S (Mi Only) Diane Lipp (Owner) no longer on Schedule A of Georgina Asset Management Llc (listed 2021-10-14, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • Linda Kristina Nava (Chief Compliance Officer) no longer on Schedule A of Georgina Asset Management Llc (listed 2019-03-29, absent 2020-05-25)
        May 25, 2020 · Control person left · inference
      • Lee Anthony Blueford (Chief Compliance Officer) appeared on Schedule A of Georgina Asset Management Llc
        May 25, 2020 · Control person joined · fact
      Across DFX
      shared identifiers only, never a name match
      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