DFX Intelligence

The names on this page are hidden. Create a free account to reveal 5 records a month, or get RIA and Wealth Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.

SEC-registered adviser

H••• C•••••• M••••••••• L••

Wealth manager with institutional or fund businessWalnut Creek, CaliforniaCRD 108911SEC 801-32487website IAPD

Latest filing Mar 10, 2026

First filing on the tape Mar 6, 2012 · 32 filings

SEC status approved since Jul 21, 1988

RAUM

$390M

reported, Item 5.F

Discretionary

34%

of RAUM

Private clients

30%

$118M individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

n/a

derived; firm RAUM over IAPD count

Employees

5 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

32 filings and snapshots on the tape

RAUM$390M as of Mar 10, 2026

Mar 6, 2012$495M then

HNW client RAUM$118M as of Mar 10, 2026

Feb 22, 2018$207M then

State-registered IARs (5.B.3)0 as of Mar 10, 2026

Feb 22, 20130 then

Employees (5.A)5 as of Mar 10, 2026

Feb 22, 20135 then

Private funds: no history

RAUM -25% over the last fiscal year-26% a year over threeIARs 0 to 0

Practice profile

derived from the filing of Mar 10, 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: $2.4MderivedHNW RAUM over HNW clients
Average account: $5.7MderivedRAUM over accounts (5.F.2.f)
Discretionary: 34%derivedof RAUM
Institutional: 1.5%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: -25%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 assetsreportedItem 5.E
Advisory activities: portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 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)
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)

Where the RAUM sits

Form ADV Item 5.D, latest filing

High-net-worth individuals$118M90%
Corporations and businesses$7.0M5.3%
Charitable organizations$6.0M4.6%

Individual clients: n/areported
HNW clients: 50reported
Pension plan clients: n/areported
Charitable clients: 4reported
Accounts: 69reported
Financial planning clients: 0reported
Wrap fee programs: $0 sponsored, $27.0M managedreported
Custody of client assets: noreported
Compensation: % of AUMreported
Class basis: private_client_share=0.3 fund_share=0.0 institutional_share=0.02 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

Every departure Every arrival

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

J•••••• P•••• O•••• · Director Of Operations & Chief Compliance Officercontrol
since 10/2004 · owns 25% to 50%
S••••••••• J•••• D•••• · President And Chief Investment Officercontrol
since 10/2004 · owns 50% to 75%
W••••••••• M••••••• A••••• · Director Of Research And Co-Portfolio Managercontrol
since 06/2008 · owns 10% to 25%

Related persons

Schedule D 7.A

No related person reported.

Offices

Schedule D 1.F, the 25 largest

No branch office listed.

ADV anomalies

2 against comparable advisers; where to look, not conclusions

unusually large average accountStatic outlier · filing Mar 10, 2026
RAUM per account of $5,652,174 against a peer median of $440,196 (5434 comparable advisers, 100.0th percentile, 3.5 robust deviations)
peers: independent wealth managers, $100M to $500M (5,434) · 100% percentile
RAUM down 25 %Change between filings · filing Mar 10, 2026
RAUM (Item 5.F) moved from $521,000,000 to $390,000,000 (-25.0%) between the annual amendments of 2025-02-25 and 2026-03-10; the peer median change was +15.0% (4548 comparable advisers, 2.0th percentile of changes)
peers: independent wealth managers, $100M to $500M (4,548) · 1.6% percentile

How anomalies are measured

What changed

consecutive filings, newest first

Accounts · 80 to 69
Feb 25, 2025 to Mar 10, 2026
Charity clients · 6 to 4
Feb 25, 2025 to Mar 10, 2026
HNW clients · 58 to 50
Feb 25, 2025 to Mar 10, 2026
Discretionary RAUM · $168M to $131M
Feb 25, 2025 to Mar 10, 2026
HNW RAUM · $134M to $118M
Feb 25, 2025 to Mar 10, 2026
Non-discretionary RAUM · $353M to $259M
Feb 25, 2025 to Mar 10, 2026
RAUM · $521M to $390M
Feb 25, 2025 to Mar 10, 2026
Wrap assets (manager) · $38.0M to $27.0M
Feb 25, 2025 to Mar 10, 2026
Accounts · 93 to 80
Mar 13, 2024 to Feb 25, 2025
Advisory employees · 6 to 5
Mar 13, 2024 to Feb 25, 2025
Corporate clients · 2 to 1
Mar 13, 2024 to Feb 25, 2025
HNW clients · 70 to 58
Mar 13, 2024 to Feb 25, 2025
Employees · 6 to 5
Mar 13, 2024 to Feb 25, 2025
Financial planning clients · unset to 0
Mar 13, 2024 to Feb 25, 2025
Discretionary RAUM · $185M to $168M
Mar 13, 2024 to Feb 25, 2025
HNW RAUM · $146M to $134M
Mar 13, 2024 to Feb 25, 2025
Non-discretionary RAUM · $615M to $353M
Mar 13, 2024 to Feb 25, 2025
RAUM · $800M to $521M
Mar 13, 2024 to Feb 25, 2025
Wrap assets (manager) · $44.0M to $38.0M
Mar 13, 2024 to Feb 25, 2025
Accounts · 95 to 93
Mar 1, 2023 to Mar 13, 2024
Pooled vehicle clients · 2.0 to unset
Mar 1, 2023 to Mar 13, 2024
Discretionary RAUM · $317M to $185M
Mar 1, 2023 to Mar 13, 2024
HNW RAUM · $172M to $146M
Mar 1, 2023 to Mar 13, 2024
Non-discretionary RAUM · $651M to $615M
Mar 1, 2023 to Mar 13, 2024
Pooled vehicle RAUM · 106000000.0 to unset
Mar 1, 2023 to Mar 13, 2024
RAUM · $968M to $800M
Mar 1, 2023 to Mar 13, 2024
Wrap assets (manager) · $51.0M to $44.0M
Mar 1, 2023 to Mar 13, 2024
Accounts · 101 to 95
Aug 30, 2022 to Mar 1, 2023
Advisory employees · 7 to 6
Aug 30, 2022 to Mar 1, 2023
Charity clients · 8 to 6
Aug 30, 2022 to Mar 1, 2023
Corporate clients · 3 to 2
Aug 30, 2022 to Mar 1, 2023
HNW clients · 74 to 70
Aug 30, 2022 to Mar 1, 2023
Employees · 7 to 6
Aug 30, 2022 to Mar 1, 2023
Discretionary RAUM · $447M to $317M
Aug 30, 2022 to Mar 1, 2023
HNW RAUM · $233M to $172M
Aug 30, 2022 to Mar 1, 2023
Non-discretionary RAUM · $834M to $651M
Aug 30, 2022 to Mar 1, 2023
Pooled vehicle RAUM · $165M to $106M
Aug 30, 2022 to Mar 1, 2023
RAUM · $1.3B to $968M
Aug 30, 2022 to Mar 1, 2023
Wrap assets (manager) · $63.0M to $51.0M
Aug 30, 2022 to Mar 1, 2023
HQ city · SAN FRANCISCO to WALNUT CREEK
May 27, 2022 to Aug 30, 2022

Signals

4 dated events

••• Locked
Mar 10, 2026 · RAUM change · derived
••• Locked
Feb 25, 2025 · RAUM change · derived
••• Locked
Feb 28, 2022 · RAUM change · derived
••• Locked
Mar 6, 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

Business phone: 415-394-6512reportedpublished by the firm, firm site, Sep 17, 2026
Business phone: 415-394-6518reportedpublished by the firm, firm site, Sep 17, 2026
Website: H•••CAP.COMreportedpublic record, Form ADV, Mar 10, 2026
Principal office phone: 415-394-6512reportedpublic record, Form ADV, Mar 10, 2026
Contact form: h••••••.comreportedpublished 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: Wealth manager with institutional or fund businessderiveda 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