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

C•••••••• M••••••••• L••

Institutional managerChicago, IllinoisCRD 109587SEC 801-56239websiteIAPD
Latest filing Apr 1, 2026
First filing on the tape Feb 1, 2012 · 36 filings
SEC status approved since Feb 4, 1999
RAUM
$4.6B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
1.7%
$76.8M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
28
18 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$4.6B as of Apr 1, 2026
Feb 1, 2012$2.8B then
HNW client RAUM$76.8M as of Apr 1, 2026
Mar 30, 2018$18.1M then
State-registered IARs (5.B.3)0 as of Apr 1, 2026
Feb 1, 20120 then
Employees (5.A)28 as of Apr 1, 2026
Apr 3, 201325 then
Private funds1 as of Mar 31, 2022
Feb 1, 20121 then
RAUM +25% over the last fiscal year+18% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 1, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
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
$1.7MderivedHNW RAUM over HNW clients
Average account
$69.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
84%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 vehicles, portfolio management for investment companiesreportedItem 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)
  • 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
  • State and municipal entities$2.7B59%
  • Pension and profit-sharing plans$1.1B25%
  • Pooled investment vehicles$362M7.9%
  • Investment companies$312M6.8%
  • High-net-worth individuals$76.8M1.7%
Individual clients
n/areported
HNW clients
46reported
Pension plan clients
3reported
Charitable clients
n/areported
Accounts
66reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $31.5M managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.02 fund_share=0.15 institutional_share=0.84 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
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      C•••••••• I••••••••• T••••no longer reportedOther Private Fund$36.4M3Feb 1, 2012
      C•••••••• L••••••••• F•••• L•no longer reportedHedge Fund$2.0M2Mar 31, 2016
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••• G••••••• P•••• · Member, Common Unitscontrol
        since 01/2013 · owns less than 5%
      • B•••••• D•••••• P• · Co-Chief Investment Officercontrol
        since 05/2020 · owns less than 5%
      • B••••••••• C••••••••• J••• · Chief Compliance Officercontrol
        since 01/2024 · owns less than 5%
      • C••••••••• J••••• H• · Chief Legal Officercontrol
        since 10/2004 · owns less than 5%
      • C••••••••• J•••••• A• · Managing Member, Preferred And Commoncontrol
        since 01/1999 · owns 50% to 75%
      • H••••• J•••••• M• · Member, Preferred And Commoncontrol
        since 01/2018 · owns less than 5%
      • O••••••••• Q••••••• M•••••• · Member, Common Unitscontrol
        since 01/2013 · owns less than 5%
      • R••••• A••• · Member, Preferred And Commoncontrol
        since 01/2018 · owns less than 5%
      • S••••• J••••• A••••• · Member, Common Unitscontrol
        since 01/2013 · owns less than 5%
      Related persons
      Schedule D 7.A
      Advisers that list C•••••••• M••••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 61 to 66
        Aug 19, 2025 to Apr 1, 2026
      • HNW clients · 41 to 46
        Aug 19, 2025 to Apr 1, 2026
      • Discretionary RAUM · $4.0B to $4.6B
        Aug 19, 2025 to Apr 1, 2026
      • HNW RAUM · $70.0M to $76.8M
        Aug 19, 2025 to Apr 1, 2026
      • Pension RAUM · $578M to $1.1B
        Aug 19, 2025 to Apr 1, 2026
      • Pooled vehicle RAUM · $231M to $362M
        Aug 19, 2025 to Apr 1, 2026
      • RAUM · $4.0B to $4.6B
        Aug 19, 2025 to Apr 1, 2026
      • Wrap assets (manager) · $37.8M to $31.5M
        Aug 19, 2025 to Apr 1, 2026
      • Accounts · 56 to 61
        Mar 31, 2025 to May 8, 2025
      • Pooled vehicle clients · 4 to 5
        Mar 31, 2025 to May 8, 2025
      • Financial planning clients · unset to
        Mar 31, 2025 to May 8, 2025
      • Discretionary RAUM · $3.7B to $4.0B
        Mar 31, 2025 to May 8, 2025
      • Pension RAUM · $458M to $578M
        Mar 31, 2025 to May 8, 2025
      • Pooled vehicle RAUM · $185M to $231M
        Mar 31, 2025 to May 8, 2025
      • RAUM · $3.7B to $4.0B
        Mar 31, 2025 to May 8, 2025
      • Accounts · 60 to 56
        Feb 3, 2025 to Mar 31, 2025
      • Advisory employees · 21 to 18
        Feb 3, 2025 to Mar 31, 2025
      • HNW clients · 46 to 41
        Feb 3, 2025 to Mar 31, 2025
      • Pension plan clients · 4 to 3
        Feb 3, 2025 to Mar 31, 2025
      • Pooled vehicle clients · 3 to 4
        Feb 3, 2025 to Mar 31, 2025
      • Employees · 30 to 28
        Feb 3, 2025 to Mar 31, 2025
      • Discretionary RAUM · $3.1B to $3.7B
        Feb 3, 2025 to Mar 31, 2025
      • HNW RAUM · $53.8M to $70.0M
        Feb 3, 2025 to Mar 31, 2025
      • Pension RAUM · $496M to $458M
        Feb 3, 2025 to Mar 31, 2025
      • Pooled vehicle RAUM · $111M to $185M
        Feb 3, 2025 to Mar 31, 2025
      • RAUM · $3.1B to $3.7B
        Feb 3, 2025 to Mar 31, 2025
      • Wrap assets (manager) · $16.7M to $37.8M
        Feb 3, 2025 to Mar 31, 2025
      • Accounts · 40 to 60
        Jan 22, 2024 to Mar 23, 2024
      • Advisory activities · 3 to 4
        Jan 22, 2024 to Mar 23, 2024
      • HNW clients · 24 to 46
        Jan 22, 2024 to Mar 23, 2024
      • Pension plan clients · 5 to 4
        Jan 22, 2024 to Mar 23, 2024
      • Employees · 29 to 30
        Jan 22, 2024 to Mar 23, 2024
      • Discretionary RAUM · $2.8B to $3.1B
        Jan 22, 2024 to Mar 23, 2024
      • HNW RAUM · $30.5M to $53.8M
        Jan 22, 2024 to Mar 23, 2024
      • Pension RAUM · $452M to $496M
        Jan 22, 2024 to Mar 23, 2024
      • Pooled vehicle RAUM · $109M to $111M
        Jan 22, 2024 to Mar 23, 2024
      • RAUM · $2.8B to $3.1B
        Jan 22, 2024 to Mar 23, 2024
      • Wrap assets (manager) · $6.7M to $16.7M
        Jan 22, 2024 to Mar 23, 2024
      • Accounts · 34 to 40
        Jan 6, 2023 to Mar 30, 2023
      • Advisory employees · 24 to 21
        Jan 6, 2023 to Mar 30, 2023
      Signals
      10 dated events
      • Satoru Robert Takazawa (Member, Preferred And Common) no longer on Schedule A of C•••••••• M••••••••• L•• (listed 2024-01-22, absent 2024-03-23)
        Mar 23, 2024 · Control person left · inference
      • John Christopher Brancazio (Chief Compliance Officer) appeared on Schedule A of C•••••••• M••••••••• L••
        Jan 22, 2024 · Control person joined · fact
      • J Richard Simek (Chief Compliance Officer) no longer on Schedule A of C•••••••• M••••••••• L•• (listed 2023-03-30, absent 2024-01-22)
        Jan 22, 2024 · Control person left · inference
      • M Kevin Dolsen (Member, Preferred And Common) no longer on Schedule A of C•••••••• M••••••••• L•• (listed 2020-04-30, absent 2020-06-08)
        Jun 8, 2020 · Control person left · inference
      • P Daniel Becker (Executive Officer) appeared on Schedule A of C•••••••• M••••••••• L••
        Jun 8, 2020 · Control person joined · fact
      • Kathryn Joan Rockey (Member, Preferred And Common) no longer on Schedule A of C•••••••• M••••••••• L•• (listed 2019-03-30, absent 2020-04-30)
        Apr 30, 2020 · Control person left · inference
      • Ajoy Reddi (Member, Preferred And Common) appeared on Schedule A of C•••••••• M••••••••• L••
        Mar 30, 2019 · Control person joined · fact
      • M J••••• H•••• (Member, Preferred And Common) appeared on Schedule A of C•••••••• M••••••••• L••
        Mar 30, 2019 · Control person joined · fact
      • Michael Quentin Ostrowski (Member, Common Units) appeared on Schedule A of C•••••••• M••••••••• L••
        Mar 30, 2019 · Control person joined · fact
      • Peter Gregory Baxter (Member, Common Units) appeared on Schedule A of C•••••••• M••••••••• L••
        Mar 30, 2019 · Control person joined · fact
      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
      C••••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      312-456-9682reportedpublic record, Form ADV, Apr 1, 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
      Institutional managerderiveda 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