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
F•••••••• C•••••• M••••••••• L•••••
Latest filing Mar 27, 2026
First filing on the tape Mar 23, 2012 · 34 filings
SEC status approved since Aug 21, 1997
RAUM
$2.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
4.9%
$105M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$2.1B as of Mar 27, 2026
Mar 23, 2012$9.2B then
HNW client RAUM$105M as of Mar 27, 2026
Mar 29, 2018$111M then
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 23, 20120 then
Employees (5.A)7 as of Mar 27, 2026
Mar 21, 201321 then
Private funds2 as of Mar 30, 2021
Mar 21, 20132 then
RAUM +29% over the last fiscal year+9.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 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
- $1.8MderivedHNW RAUM over HNW clients
- Average account
- $26.4MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 5.4%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
- +29%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- -3.4%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companiesreportedItem 5.G
- Custody
- $1.6M, 1 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)
- 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
- Investment companies$1.7B78%
- Corporations and businesses$252M12%
- High-net-worth individuals$105M4.9%
- Charitable organizations$87.2M4.1%
- Pension and profit-sharing plans$28.3M1.3%
- Individual clients
- 0reported
- HNW clients
- 57reported
- Pension plan clients
- 5reported
- Charitable clients
- 2reported
- Accounts
- 81reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $1.6M for 1 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.05 fund_share=0.78 institutional_share=0.05 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
3 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| C• L•••••••• I••••• F•••• L•no longer reported | Liquidity Fund | $33.2M | 10 | Mar 29, 2019 |
| T•• F•••••••• P••••••••• L•no longer reported | Hedge Fund | $24.9M | 35 | Mar 21, 2013 |
| F•••••••• O••••••• P••••••• F•••• L••no longer reported | Hedge Fund | $4.1M | 8 | Mar 21, 2013 |
Owners and control persons
Schedule A and B, latest filing
- B••••••••• A••••••••• M•••••• · Chief Legal Officer And Treasurercontrolsince 11/2024 · owns less than 5%
- B••••••••• B••••• R••••• · Chief Investment Officercontrolsince 06/1997 · owns less than 5%
- F•••• F•••••••• M••••• · Chief Operating Officercontrolsince 08/2009 · owns less than 5%
- K•••••• E••••• K• · Chief Compliance Officer And Chief Administrative Officercontrolsince 02/2020 · owns less than 5%
- B••••••••• B••••• R••••• · Managercontrolsince 01/2015 · owns F of F•••••••• H••••••• L••
- B••••••••• B••••• R••••• · Managing Membercontrolsince 06/2007 · owns 75% or more of G••••• I••••••••• G•• L••
- B••••••••• B••••• R••••• · Limited Partnercontrolsince 06/2007 · owns 75% or more of G••••• I••••••••• P••••••••• L•••
Entity owners
- F•••••••• H••••••• L•• · Sole Memberdirect · owns 75% or more
- E••• L••• L•• · Memberindirect · owns 25% to 50% of F•••••••• H••••••• L••
- G••••• I••••••••• G•• L•• · General Partnerindirect · owns F of G••••• I••••••••• P••••••••• L•••
- G••••• I••••••••• P••••••••• L••• · Memberindirect · owns 50% to 75% of F•••••••• H••••••• L••
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 · 84 to 81May 2, 2025 to Mar 27, 2026
- Corporate clients · 16 to 15May 2, 2025 to Mar 27, 2026
- HNW clients · 59 to 57May 2, 2025 to Mar 27, 2026
- Assets in custody · $1.2M to $1.6MMay 2, 2025 to Mar 27, 2026
- Discretionary RAUM · $1.7B to $2.1BMay 2, 2025 to Mar 27, 2026
- HNW RAUM · $78.0M to $105MMay 2, 2025 to Mar 27, 2026
- Pension RAUM · $20.1M to $28.3MMay 2, 2025 to Mar 27, 2026
- RAUM · $1.7B to $2.1BMay 2, 2025 to Mar 27, 2026
- Financial planning clients · unset to Mar 28, 2025 to May 2, 2025
- Accounts · 97 to 84Nov 4, 2024 to Mar 28, 2025
- Advisory employees · 3 to 2Nov 4, 2024 to Mar 28, 2025
- Charity clients · 3 to 2Nov 4, 2024 to Mar 28, 2025
- HNW clients · 62 to 59Nov 4, 2024 to Mar 28, 2025
- Individual clients · 9 to 0Nov 4, 2024 to Mar 28, 2025
- Assets in custody · $1.7M to $1.2MNov 4, 2024 to Mar 28, 2025
- Discretionary RAUM · $1.8B to $1.7BNov 4, 2024 to Mar 28, 2025
- HNW RAUM · $72.5M to $78.0MNov 4, 2024 to Mar 28, 2025
- Individual RAUM · $553 to $0Nov 4, 2024 to Mar 28, 2025
- Pension RAUM · $21.5M to $20.1MNov 4, 2024 to Mar 28, 2025
- RAUM · $1.8B to $1.7BNov 4, 2024 to Mar 28, 2025
- Accounts · 105 to 97Mar 30, 2023 to Mar 28, 2024
- Corporate clients · 18 to 16Mar 30, 2023 to Mar 28, 2024
- HNW clients · 64 to 62Mar 30, 2023 to Mar 28, 2024
- Individual clients · 10 to 9Mar 30, 2023 to Mar 28, 2024
- Pension plan clients · 7 to 5Mar 30, 2023 to Mar 28, 2024
- Assets in custody · $1.4M to $1.7MMar 30, 2023 to Mar 28, 2024
- Employees · 9 to 7Mar 30, 2023 to Mar 28, 2024
- Discretionary RAUM · $1.6B to $1.8BMar 30, 2023 to Mar 28, 2024
- HNW RAUM · $62.5M to $72.5MMar 30, 2023 to Mar 28, 2024
- Individual RAUM · $5,508 to $553Mar 30, 2023 to Mar 28, 2024
- Pension RAUM · $19.6M to $21.5MMar 30, 2023 to Mar 28, 2024
- RAUM · $1.6B to $1.8BMar 30, 2023 to Mar 28, 2024
- Accounts · 110 to 105Jul 1, 2022 to Mar 30, 2023
- Corporate clients · 20 to 18Jul 1, 2022 to Mar 30, 2023
- HNW clients · 66 to 64Jul 1, 2022 to Mar 30, 2023
- Individual clients · 9 to 10Jul 1, 2022 to Mar 30, 2023
- Pension plan clients · 9 to 7Jul 1, 2022 to Mar 30, 2023
- Assets in custody · $2.8M to $1.4MJul 1, 2022 to Mar 30, 2023
- Discretionary RAUM · $2.1B to $1.6BJul 1, 2022 to Mar 30, 2023
- HNW RAUM · $91.0M to $62.5MJul 1, 2022 to Mar 30, 2023
Signals
8 dated events
- F•••••••• C•••••• M••••••••• L••••• reported RAUM $2.1B, up 29% from $1.7B (2025-05-02 to 2026-03-27)Mar 27, 2026 · RAUM change · derived
- Wayne Kellner (Chief Financial Officer And Chief Operating Officer) no longer on Schedule A of F•••••••• C•••••• M••••••••• L••••• (listed 2024-03-28, absent 2024-11-04)Nov 4, 2024 · Control person left · inference
- Michael Alexander Berkowitz (Chief Legal Officer And Treasurer) appeared on Schedule A of F•••••••• C•••••• M••••••••• L•••••Nov 4, 2024 · Control person joined · fact
- F•••••••• C•••••• M••••••••• L••••• reported RAUM $2.2B, up 27% from $1.8B (2020-06-30 to 2021-03-30)Mar 30, 2021 · RAUM change · derived
- R. Paul Thomson (Chief Compliance Officer) no longer on Schedule A of F•••••••• C•••••• M••••••••• L••••• (listed 2019-08-09, absent 2020-02-03)Feb 3, 2020 · Control person left · inference
- K E•••• K••••• (Chief Compliance Officer) appeared on Schedule A of F•••••••• C•••••• M••••••••• L•••••Feb 3, 2020 · Control person joined · fact
- F•••••••• C•••••• M••••••••• L••••• reported RAUM $1.9B, down 34% from $2.8B (2018-09-26 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
- F•••••••• C•••••• M••••••••• L••••• reported RAUM $2.8B, down 48% from $5.4B (2017-04-06 to 2018-03-29)Mar 29, 2018 · 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
- CLIENTS.F••••••••.NETreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 3053583000reportedpublic record, Form ADV, Mar 27, 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