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

A••••••• I••••••••• A•••••••• L••

Asset manager (funds and pooled vehicles)Newport Beach, CaliforniaCRD 108278SEC 801-42015websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Mar 29, 2012 · 34 filings
SEC status approved since Jul 28, 1992
RAUM
$1.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
3.2%
$37.4M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$1.2B
derived; firm RAUM over IAPD count
Employees
6
4 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$1.2B as of Mar 27, 2026
Mar 29, 2012$791M then
HNW client RAUM$19.4M as of Mar 27, 2026
Mar 27, 2018$74.5M then
State-registered IARs (5.B.3)1 as of Mar 27, 2026
Mar 7, 20130 then
Employees (5.A)6 as of Mar 27, 2026
Mar 7, 20139 then
Private funds1 as of Mar 30, 2016
Mar 31, 20151 then
RAUM +8.8% over the last fiscal year+0.5% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 27, 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
$1.2BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
51derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$16.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
7.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
6.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+8.8%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.0%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, selection of other advisers, otherreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Other investment advisers$979M84%
  • Investment companies$51.2M4.4%
  • Pension and profit-sharing plans$35.3M3.0%
  • State and municipal entities$31.7M2.7%
  • Charitable organizations$23.3M2.0%
  • High-net-worth individuals$19.4M1.7%
  • Individuals$18.0M1.6%
  • Corporations and businesses$1.6M0.1%
Individual clients
42reported
HNW clients
9reported
Pension plan clients
6reported
Charitable clients
5reported
Accounts
69reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $56.4M managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.03 fund_share=0.89 institutional_share=0.08 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
G•••••• R••••• L••Chartered Financial AnalystNewport Beach, CaSep 9, 202634 y0
Advisor movement
0 left, 0 joined in 12 months
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
A••••••• I••••••••• F•••• L•no longer reportedOther Private Fund$454,0003Mar 31, 2015
Owners and control persons
Schedule A and B, latest filing
  • K•••• J•••••• N•• · Chief Compliance Officer, Manager Of Investment Operationscontrol
    since 01/2020 · owns less than 5%
  • L••• G••••••• R••••• · Ceo/Membercontrol
    since 07/1992 · owns 75% or more
  • L••• C••••• F••• · Trusteecontrol
    since 06/2020 · owns F of L•• F••••• T••••
  • L••• G••••••• R••••• · Trusteecontrol
    since 06/2020 · owns F of L•• F••••• T••••
Entity owners
  • L•• F••••• T•••• · Member
    direct · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Newport Beach, Ca · principal110
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 71 to 69
    Jan 21, 2026 to Mar 27, 2026
  • Advisory employees · 5 to 4
    Jan 21, 2026 to Mar 27, 2026
  • Corporate clients · 7 to 4
    Jan 21, 2026 to Mar 27, 2026
  • HNW clients · 10 to 9
    Jan 21, 2026 to Mar 27, 2026
  • Individual clients · 40 to 42
    Jan 21, 2026 to Mar 27, 2026
  • Discretionary RAUM · $1.1B to $1.2B
    Jan 21, 2026 to Mar 27, 2026
  • HNW RAUM · $18.1M to $19.4M
    Jan 21, 2026 to Mar 27, 2026
  • Individual RAUM · $15.6M to $18.0M
    Jan 21, 2026 to Mar 27, 2026
  • Pension RAUM · $31.9M to $35.3M
    Jan 21, 2026 to Mar 27, 2026
  • RAUM · $1.1B to $1.2B
    Jan 21, 2026 to Mar 27, 2026
  • Wrap assets (manager) · $48.4M to $56.4M
    Jan 21, 2026 to Mar 27, 2026
  • Accounts · 77 to 71
    Mar 27, 2024 to Mar 31, 2025
  • Advisory employees · 6 to 5
    Mar 27, 2024 to Mar 31, 2025
  • HNW clients · 7 to 10
    Mar 27, 2024 to Mar 31, 2025
  • Individual clients · 45 to 40
    Mar 27, 2024 to Mar 31, 2025
  • Pension plan clients · 9 to 6
    Mar 27, 2024 to Mar 31, 2025
  • Employees · 8 to 6
    Mar 27, 2024 to Mar 31, 2025
  • Insurance-licensed employees · 1 to 0
    Mar 27, 2024 to Mar 31, 2025
  • Financial planning clients · 0 to 0
    Mar 27, 2024 to Mar 31, 2025
  • State-registered IARs · 2 to 1
    Mar 27, 2024 to Mar 31, 2025
  • Discretionary RAUM · $935M to $1.1B
    Mar 27, 2024 to Mar 31, 2025
  • HNW RAUM · $12.1M to $18.1M
    Mar 27, 2024 to Mar 31, 2025
  • Individual RAUM · $17.2M to $15.6M
    Mar 27, 2024 to Mar 31, 2025
  • Non-discretionary RAUM · $2.6M to $3.0M
    Mar 27, 2024 to Mar 31, 2025
  • Pension RAUM · $51.0M to $31.9M
    Mar 27, 2024 to Mar 31, 2025
  • RAUM · $938M to $1.1B
    Mar 27, 2024 to Mar 31, 2025
  • Wrap assets (manager) · $40.2M to $48.4M
    Mar 27, 2024 to Mar 31, 2025
  • Accounts · 98 to 77
    Mar 30, 2023 to Mar 27, 2024
  • Charity clients · 6 to 5
    Mar 30, 2023 to Mar 27, 2024
  • Corporate clients · 10 to 7
    Mar 30, 2023 to Mar 27, 2024
  • HNW clients · 11 to 7
    Mar 30, 2023 to Mar 27, 2024
  • Individual clients · 52 to 45
    Mar 30, 2023 to Mar 27, 2024
  • Pension plan clients · 14 to 9
    Mar 30, 2023 to Mar 27, 2024
  • Employees · 9 to 8
    Mar 30, 2023 to Mar 27, 2024
  • Insurance-licensed employees · 0 to 1
    Mar 30, 2023 to Mar 27, 2024
  • State-registered IARs · 1 to 2
    Mar 30, 2023 to Mar 27, 2024
  • Discretionary RAUM · $1.1B to $935M
    Mar 30, 2023 to Mar 27, 2024
  • HNW RAUM · $28.1M to $12.1M
    Mar 30, 2023 to Mar 27, 2024
  • Individual RAUM · $17.9M to $17.2M
    Mar 30, 2023 to Mar 27, 2024
  • Non-discretionary RAUM · $2.5M to $2.6M
    Mar 30, 2023 to Mar 27, 2024
Signals
8 dated events
  • M•••••• R•••••• P•••• left A••••••• I••••••••• A•••••••• L•• for P•••• F•••••• M••••••••• L•• (registered 2024-09-13)
    Mar 28, 2025 · Advisor changed firm · fact
  • S••••• L• S•••• left A••••••• I••••••••• A•••••••• L•• for A••••• T••••• P•••••• W••••• (registered 2024-06-03)
    Feb 28, 2023 · Advisor changed firm · fact
  • A••••••• I••••••••• A•••••••• L•• reported RAUM $1.1B, up 218% from $334.8M (2020-10-15 to 2021-03-31)
    Mar 31, 2021 · RAUM change · derived
  • F••• C•••• Lai (Trustee) appeared on Schedule A of A••••••• I••••••••• A•••••••• L••
    Jul 2, 2020 · Control person joined · fact
  • A••••••• I••••••••• A•••••••• L•• reported RAUM $334.8M, down 53% from $706.2M (2020-02-06 to 2020-03-26)
    Mar 26, 2020 · RAUM change · derived
  • Nmn Joshua Katz (Chief Compliance Officer, Manager Of Investment Operations) appeared on Schedule A of A••••••• I••••••••• A•••••••• L••
    Feb 6, 2020 · Control person joined · fact
  • Stephen Robert Venable (Chief Operating Officer/Chief Compliance Officer/Chief Financial Officer) no longer on Schedule A of A••••••• I••••••••• A•••••••• L•• (listed 2019-04-12, absent 2020-02-06)
    Feb 6, 2020 · Control person left · inference
  • A••••••• I••••••••• A•••••••• L•• reported RAUM $706.2M, down 31% from $1.0B (2018-03-27 to 2019-03-20)
    Mar 20, 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
Firm profile
linkedin.com/company/affinity-investment-advisors-llcreportedpublic record, Form ADV, Sep 18, 2026
Website
affinityinvestment.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
949-660-6373reportedpublic 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
$1.2Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026