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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

SEC-registered adviser

P••• A••• I•••••••• L•

Asset manager (funds and pooled vehicles)P••• A•••, CaliforniaCRD 109171SEC 801-58166websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Mar 30, 2012 · 28 filings
SEC status approved since Dec 5, 2000
RAUM
$696M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$696M
derived; firm RAUM over IAPD count
Employees
10
4 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
6
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$696M as of Mar 27, 2026
Mar 30, 2012$984M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Feb 4, 20130 then
Employees (5.A)10 as of Mar 27, 2026
Feb 4, 201314 then
Private funds6 as of Mar 27, 2026
Mar 30, 201213 then
RAUM +4.3% over the last fiscal year-18% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
RAUM per advisor
$696MderivedRAUM 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
$53.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
10.0derivedItem 5.A over advisors
Advisors per office
0.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+4.3%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, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 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
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$696M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
13reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, 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
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
P•••••• Y•••••••• L••Palo Alto, CaJun 3, 202219 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      16 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      P••• A••• H••••••••• M••••• F••• I•• L•••Hedge Fund$532M120Mar 30, 2012
      P••• A••• H••••••••• M••••• F•••• L•••Hedge Fund$279M60Mar 30, 2012
      L•••••••• L•no longer reportedHedge Fund$203M30Feb 26, 2015
      P••• A••• A••••••• L••• S••••••• M••••• F•••• L•••Hedge Fund$156M70Mar 30, 2012
      M•••• C•• P•••••••• L•••Hedge Fund$70.8M40Mar 30, 2012
      P••• A••• K•••• F•••• L•••Hedge Fund$15.0M10Mar 30, 2012
      P••• A••• E••••• M••••• F•••• L•••no longer reportedHedge Fund$13.0M25Mar 30, 2012
      P••• A••• F••• I•• L•••no longer reportedHedge Fund$6.0M60Mar 30, 2012
      P••• A••• P• F•••• L•••Hedge Fund$5.0M2May 15, 2015
      P••• A••• M•••• C•• L••••••••• F•••• L•••no longer reportedHedge Fund$2.9M60Apr 11, 2014
      P••• A••• S•••• C•• M••••• F•••• L•••no longer reportedHedge Fund$2.3M75Mar 30, 2012
      P••• A••• G••••• E••••• L••••••••• F•••• L•••no longer reportedHedge Fund$1.4M86Mar 30, 2012
      P••• A••• S•• I• L•••no longer reportedHedge Fund$744,2564Mar 30, 2012
      U••• F•••• L•••no longer reportedHedge Fund$635,8097Mar 30, 2012
      P••• A••• T••••••••• M••••• F•••• L•••no longer reportedHedge Fund$593,69432Mar 30, 2012
      P••• A••• C•••••••• F•••• L•••no longer reportedHedge Fund$150,00040Mar 30, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • N••••••••• A•••••• E•••••••• · Chief Compliance Officercontrol
        since 04/2016 · owns less than 5%
      • L••• P••••••• Y•••••••• · Managercontrol
        since 03/2018 · owns F of P••• A••• I•••••••• G• L••
      • Y••• A••••••• J••••••• · Managercontrol
        since 03/2018 · owns F of P••• A••• I•••••••• G• L••
      • L••• P••••••• Y•••••••• · Trustee Of P•••••• Y• L•• D••••••••• O• T••••
        since 03/2018 · owns less than 5%
      • Y••• A••••••• J••••••• · Trustee Of Y•••••••• F••••• T••••
        since 03/2018 · owns less than 5%
      • L••• P••••••• Y•••••••• · Trustee
        since 03/2018 · owns F of P•••••• Y• L•• D••••••••• O• T••••
      • Y••• A••••••• J••••••• · Trustee
        since 03/2018 · owns F of Y•••••••• F••••• T••••
      Entity owners
      • P••• A••• I•••••••• G• L•• · General Partner
        direct · owns less than 5%
      • P•••••• Y• L•• D••••••••• O• T•••• · Limited Partner
        direct · owns 50% to 75%
      • Y•••••••• F••••• T•••• · Limited Partner
        direct · owns 50% to 75%
      • P•••••• Y• L•• D••••••••• O• T•••• · Member
        indirect · owns 50% to 75% of P••• A••• I•••••••• G• L••
      • Y•••••••• F••••• T•••• · Member
        indirect · owns 50% to 75% of P••• A••• I•••••••• G• L••
      Related persons
      Schedule D 7.A
      • P•• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 12 to 13
        Mar 31, 2025 to Mar 27, 2026
      • Advisory employees · 5 to 4
        Mar 31, 2025 to Mar 27, 2026
      • Pooled vehicle clients · 12 to 13
        Mar 31, 2025 to Mar 27, 2026
      • Employees · 12 to 10
        Mar 31, 2025 to Mar 27, 2026
      • Discretionary RAUM · $667M to $696M
        Mar 31, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $667M to $696M
        Mar 31, 2025 to Mar 27, 2026
      • RAUM · $667M to $696M
        Mar 31, 2025 to Mar 27, 2026
      • Employees · 13 to 12
        Mar 28, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 31, 2025
      • Discretionary RAUM · $1.1B to $667M
        Mar 28, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $1.1B to $667M
        Mar 28, 2024 to Mar 31, 2025
      • RAUM · $1.1B to $667M
        Mar 28, 2024 to Mar 31, 2025
      • Related bank · true to false
        Mar 28, 2024 to Mar 31, 2025
      • Employees · 12 to 13
        Jun 2, 2023 to Mar 28, 2024
      • Discretionary RAUM · $1.3B to $1.1B
        Jun 2, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $1.3B to $1.1B
        Jun 2, 2023 to Mar 28, 2024
      • RAUM · $1.3B to $1.1B
        Jun 2, 2023 to Mar 28, 2024
      • Employees · 11 to 12
        May 11, 2022 to Mar 31, 2023
      • Discretionary RAUM · $1.6B to $1.3B
        May 11, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $1.6B to $1.3B
        May 11, 2022 to Mar 31, 2023
      • RAUM · $1.6B to $1.3B
        May 11, 2022 to Mar 31, 2023
      • Employees · 12 to 11
        Apr 28, 2021 to Mar 31, 2022
      • Other offices · 0 to 2
        Apr 28, 2021 to Mar 31, 2022
      • Discretionary RAUM · $2.1B to $1.6B
        Apr 28, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $2.1B to $1.6B
        Apr 28, 2021 to Mar 31, 2022
      • RAUM · $2.1B to $1.6B
        Apr 28, 2021 to Mar 31, 2022
      • Related bank · false to true
        Apr 28, 2021 to Mar 31, 2022
      • Accounts · 14 to 12
        Mar 30, 2020 to Mar 24, 2021
      • Pooled vehicle clients · 14 to 12
        Mar 30, 2020 to Mar 24, 2021
      • Employees · 11 to 12
        Mar 30, 2020 to Mar 24, 2021
      • Private funds · 7 to 6
        Mar 30, 2020 to Mar 24, 2021
      • Discretionary RAUM · $1.9B to $2.1B
        Mar 30, 2020 to Mar 24, 2021
      • Pooled vehicle RAUM · $1.9B to $2.1B
        Mar 30, 2020 to Mar 24, 2021
      • RAUM · $1.9B to $2.1B
        Mar 30, 2020 to Mar 24, 2021
      • Employees · 12 to 11
        May 1, 2019 to Mar 30, 2020
      • Discretionary RAUM · $2.0B to $1.9B
        May 1, 2019 to Mar 30, 2020
      • Pooled vehicle RAUM · $2.0B to $1.9B
        May 1, 2019 to Mar 30, 2020
      • RAUM · $2.0B to $1.9B
        May 1, 2019 to Mar 30, 2020
      • Business name · P••• A••• I••••••••• L•• to P••• A••• I•••••••• L•
        Mar 31, 2018 to Mar 27, 2019
      • Employees · 13 to 12
        Mar 31, 2018 to Mar 27, 2019
      Signals
      3 dated events
      • P••• A••• I•••••••• L• reported RAUM $667.0M, down 37% from $1.1B (2024-03-28 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • P••• A••• I••••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Mar 31, 2018 · Succession (Item 4) · fact
      • P••• A••• I•••••••• L• reported RAUM $2.5B, up 27% from $1.9B (2017-03-17 to 2018-03-31)
        Mar 31, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      w••.p•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      650-325-0772reportedpublic 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
      $696Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026