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.
Former SEC-registered adviser
W•• P•••••••• L••
Latest filing May 8, 2025
First filing on the tape Nov 16, 2011 · 42 filings
SEC status approved since Jun 14, 1994
RAUM
$9.3M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$4.7M
derived; firm RAUM over IAPD count
Employees
0
0 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$9.3M as of May 8, 2025
Mar 30, 2012$1.6B then
HNW client RAUM$0 as of May 8, 2025
Mar 29, 2018$3.9B then
State-registered IARs (5.B.3)0 as of May 8, 2025
Apr 1, 201312 then
Employees (5.A)0 as of May 8, 2025
Apr 1, 201340 then
Private funds5 as of May 8, 2025
Mar 30, 201210 then
RAUM -100% over the last fiscal year-88% a year over threeIARs 40 to 0offices 1 to 0
Practice profile
derived from the filing of May 8, 2025; every figure names its basis
- RAUM per advisor
- $4.7MderivedRAUM 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
- $2.3MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 0.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -100%derivedbetween the last two annual amendments
- Advisor growth, one year
- -100%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -100%derived
- Compensation
- percentage of assets, hourly, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- $9.3M, 4 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)
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$9.3M100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 4reported
- Financial planning clients
- n/areported
- Wrap fee programs
- noreported
- Custody of client assets
- $9.3M for 4 clientsreported
- Compensation
- % of AUM, hourly, performancereported
- Class basis
- absent from the latest SEC rosterderived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| B•••• M•••••• L••••Chartered Financial Analyst | Atlanta, Ga | Jan 22, 2025 | 22 y | 2 |
| N••••• R••••••••• A•••• | Towson, Md | Jan 29, 2025 | 28 y | 5 |
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 headcount38 left over 36 months
Left, latest
- N••••• R••••••••• A•••• to H• W•••••Jun 27, 2025 · Other
- L••• A••••••••• E•••••• to C•••••• L••Feb 18, 2025 · Other
- B•••• M•••••• L•••• to H• W•••••Feb 10, 2025 · RIA to RIA
- T••• M•••••• W••••••• to H• W•••••Feb 8, 2025 · RIA to RIA
- J•••••• L•••• H••• to H• W•••••Feb 7, 2025 · RIA to RIA
- D••••• J••• M•••• to H• W•••••Feb 7, 2025 · RIA to RIA
- C••• J••••• N•••••• to H• W•••••Feb 7, 2025 · RIA to RIA
- M••••• J••••• E•• to H• W•••••Feb 7, 2025 · RIA to RIA
- S••• A••••••• to H• W•••••Feb 3, 2025 · RIA to RIA
- H••••••• D• R•••• to H• W•••••Feb 3, 2025 · RIA to RIA
- A••••• C••••• H•••••• to H• W•••••Feb 3, 2025 · RIA to RIA
- L••• L•• C•••••• to H• W•••••Feb 3, 2025 · RIA to RIA
- S••••• P••••• C•••••• to H• W•••••Feb 3, 2025 · RIA to RIA
- J••• B•••••• F•••••• to H• W•••••Feb 3, 2025 · RIA to RIA
- H••• W•••••• P••••• to H• W•••••Feb 3, 2025 · RIA to RIA
Joined, latest
- A••••• J••••• M••••••• from M••••• S••••••Dec 10, 2024 · Wirehouse to independent RIA
- K••• A•••••• C••••• from L•• F•••••••• L••Nov 5, 2024 · Affiliated broker-dealer or bank to independent RIA
- J••• B•••••• F•••••• from W•••• F•••• A•••••••Apr 24, 2023 · Wirehouse to independent RIA
- M•••••• R••••• P•••••• from M•••••• L••••• P•••••• F••••• • S•••• I•••••••••Jun 1, 2022 · Wirehouse to independent RIA
- D••••• S•••••• P•••••• from M•••••• L••••• P•••••• F••••• • S•••• I•••••••••Mar 22, 2022 · Wirehouse to independent RIA
- A•••••••• R••••• P•••• from F•••••••• C••••••••Mar 22, 2022 · RIA to RIA
- E•• S•• H• from C•••••• A•••••••Oct 12, 2021 · Affiliated broker-dealer or bank to independent RIA
- J••• J••••• H•••• from C••••• C•••••• P•••••••Oct 12, 2021 · Other
- Z•••• K••• W•••• from T• R••• P•••• A••••••• S•••••••• I•••Oct 22, 2020 · RIA to RIA
- J••••• F• R••• from C••••••••• W••••• A•••••••• L••Dec 9, 2019 · Other
- C••••••••• B•••• W•••••• from G•• A••••••• S•••••••• L••Mar 29, 2019 · Other
- N••••• R••••••••• A•••• from W•••••• C•••••• M•••••••••Nov 13, 2018 · Other
- J•••••• K•••••••• N••• P••••• from P••••••• S•••••••• G••••• L••Nov 2, 2018 · RIA to RIA
- L••••• P•• W••••• from A••• F•••••••• M••••••••• C••Aug 4, 2016 · Other
- G•••••• E••••• B•••• from C••••••••• W••••• A•••••••• L••Dec 5, 2014 · Other
Private funds
28 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| W•• P•••••• I••••• F••• I•• L•• | Private Equity Fund | $29.7M | 100 | Mar 11, 2019 |
| W•• P•••••• I••••• F••• I• L•• | Private Equity Fund | $19.6M | 99 | Jan 19, 2017 |
| W•• P•••••• I••••• F••• I••• L•• | Private Equity Fund | $18.9M | 100 | Oct 14, 2021 |
| W•• C•••••••• F•••• L••no longer reported | Other Private Fund | $17.8M | 5 | Mar 30, 2012 |
| W•• P•••••• E••••• F••• I• L•• | Private Equity Fund | $12.1M | 93 | Mar 30, 2023 |
| W•• D•••••• F••• L••no longer reported | Other Private Fund | $6.0M | 18 | Dec 3, 2012 |
| W•• R••• E••••• O••••••••• F•••• L•• | Real Estate Fund | $4.3M | 26 | Mar 30, 2012 |
| W•• A•••••••• F•••• L•• T•••••• 1•no longer reported | Other Private Fund | $2.9M | 39 | Oct 1, 2013 |
| W•• V•••••• F••• L••no longer reported | Other Private Fund | $2.4M | 3 | Jul 10, 2012 |
| W•• I••••• O••••••••• F•••• L•• | Other Private Fund | $2.4M | 2 | Mar 30, 2012 |
| W•• W••••••••• F•••• L•• | Other Private Fund | $2.3M | 32 | Mar 30, 2012 |
| W•• I••••• O••••••••• F••• B• L•• | Other Private Fund | $1.6M | 14 | Mar 30, 2012 |
| W•• I••••• O••••••••• F••• A• L•• | Other Private Fund | $913,826 | 34 | Mar 30, 2012 |
| W•• V•••••• P•••••••• L••no longer reported | Private Equity Fund | $145,063 | 39 | Mar 30, 2012 |
| W•• A•••••••• F•••• L•• T•••••• 2•no longer reported | Other Private Fund | $67,776 | 1 | Mar 28, 2014 |
| W•• C••••••• F•••• L•• • P•••••••• 5•no longer reported | Other Private Fund | $0 | 16 | Mar 31, 2015 |
| W•• C••••••• F•••• L•• • P•••••••• 4•no longer reported | Other Private Fund | $0 | 11 | Mar 28, 2014 |
| W•• C••••••• F•••• L•• • P•••••••• 7•no longer reported | Other Private Fund | $0 | 1 | Mar 30, 2017 |
| W•• S••••••••• F•••• L•• • T•••••• 1•no longer reported | Other Private Fund | $0 | 57 | Mar 30, 2012 |
| W•• C••••••• F•••• L•• • P•••••••• 2•no longer reported | Other Private Fund | $0 | 70 | Mar 28, 2014 |
| W•• C••••••• F•••• L•• • P•••••••• 1•no longer reported | Other Private Fund | $0 | 9 | Mar 30, 2012 |
| W•• S••••••••• F•••• L•• • T•••••• 3•no longer reported | Other Private Fund | $0 | 43 | Mar 28, 2014 |
| W•• C••••••• F•••• L•• • P•••••••• 6•no longer reported | Other Private Fund | $0 | 4 | Mar 28, 2016 |
| W•• F•••••••• F•••• L•• • S•••• T••• T••••••no longer reported | Other Private Fund | $0 | 0 | Mar 30, 2012 |
| W•• S••••••••• F•••• L•• • T•••••• 2•no longer reported | Other Private Fund | $0 | 46 | Mar 28, 2014 |
| W•• F•••••••• F•••• L•• • T•••••• 3•no longer reported | Other Private Fund | $0 | 87 | Mar 28, 2014 |
| W•• F•••••••• F•••• L•• • L••• T••• T••••••no longer reported | Other Private Fund | $0 | 11 | Mar 28, 2014 |
| W•• C••••••• F•••• L•• • P•••••••• 3•no longer reported | Other Private Fund | $0 | 46 | Mar 28, 2014 |
Owners and control persons
Schedule A and B, latest filing
- C•••• L••••• M••• · Chief Operating Officercontrolsince 12/2021 · owns less than 5%
- C••••• T••••••• W•••••• · Chairman, Member Of Boardcontrolsince 07/1992 · owns less than 5%
- E••• M•••••• J••••• · Member Of Boardcontrolsince 05/1994 · owns less than 5%
- H•••• J••••••• L•••• · Member Of Boardcontrolsince 01/2018 · owns less than 5%
- L••••• B••••• M•••••• · Chief Financial Officercontrolsince 12/2019 · owns less than 5%
- N••••••• C•••• J••••• · Member Of Boardcontrolsince 01/2018 · owns less than 5%
- R•••• J•••••• F• · Co-Chief Investment Officercontrolsince 01/2023 · owns less than 5%
- S•••••••• P•••• A• · Co-Chief Investment Officercontrolsince 01/2018 · owns less than 5%
- W•••••••• T•••• M•••••• · Chief Executive Officer And Chief Compliance Officercontrolsince 09/2019 · owns less than 5%
- C•••••• S•••••• E••••• · Membersince 09/2021 · owns 25% to 50% of T••• C•••••• P••••••• H•••••••• L••
- K•••••• Y•••••• N•••••• · Membersince 09/2021 · owns 25% to 50% of T••• C•••••• P••••••• H•••••••• L••
- R•••••• B••••••• · Membersince 09/2021 · owns 25% to 50% of T••• C•••••• P••••••• H•••••••• L••
Entity owners
- W•• P••••••• H•••••••• L•• · Memberdirect · owns 50% to 75%
- T••• A•••• H••••••• B• L•• · Memberdirect · owns 25% to 50%
- T••• C•••••• P••••••• A••••••• L•• · Memberindirect · owns 75% or more of T••• A•••• H••••••• B• L••
- T••• C•••••• P••••••• H•••••••• L•• · Memberindirect · owns 75% or more of T••• C•••••• P•••••••• L••
- T••• C•••••• P•••••••• L•• · Memberindirect · owns 75% or more of T••• C•••••• P••••••• A••••••• L••
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Towson, Md · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Columbia, MD9 employees
What changed
consecutive filings, newest first
- Assets in custody · $8.5M to $9.3MFeb 14, 2025 to Apr 29, 2025
- Private funds · 4 to 5Feb 14, 2025 to Apr 29, 2025
- Discretionary RAUM · $8.5M to $9.3MFeb 14, 2025 to Apr 29, 2025
- Pooled vehicle RAUM · $8.5M to $9.3MFeb 14, 2025 to Apr 29, 2025
- RAUM · $8.5M to $9.3MFeb 14, 2025 to Apr 29, 2025
- Accounts · 4,434 to 4Apr 30, 2024 to Feb 14, 2025
- Advisory employees · 45 to 0Apr 30, 2024 to Feb 14, 2025
- Advisory activities · 5 to 1Apr 30, 2024 to Feb 14, 2025
- Charity clients · 22 to 0Apr 30, 2024 to Feb 14, 2025
- Corporate clients · 7 to 0Apr 30, 2024 to Feb 14, 2025
- HNW clients · 399 to 0Apr 30, 2024 to Feb 14, 2025
- Individual clients · 118 to 0Apr 30, 2024 to Feb 14, 2025
- Pension plan clients · 4 to 0Apr 30, 2024 to Feb 14, 2025
- Pooled vehicle clients · 7 to 4Apr 30, 2024 to Feb 14, 2025
- Assets in custody · $2.2B to $8.5MApr 30, 2024 to Feb 14, 2025
- Employees · 79 to 0Apr 30, 2024 to Feb 14, 2025
- Financial planning clients · 251-500 to unsetApr 30, 2024 to Feb 14, 2025
- State-registered IARs · 40 to 0Apr 30, 2024 to Feb 14, 2025
- Other offices · 1 to 0Apr 30, 2024 to Feb 14, 2025
- Private funds · 9 to 4Apr 30, 2024 to Feb 14, 2025
- Discretionary RAUM · $3.3B to $8.5MApr 30, 2024 to Feb 14, 2025
- HNW RAUM · $5.2B to $0Apr 30, 2024 to Feb 14, 2025
- Individual RAUM · $54.5M to $0Apr 30, 2024 to Feb 14, 2025
- Non-discretionary RAUM · $2.4B to $0Apr 30, 2024 to Feb 14, 2025
- Pension RAUM · $25.8M to $0Apr 30, 2024 to Feb 14, 2025
- Pooled vehicle RAUM · $11.1M to $8.5MApr 30, 2024 to Feb 14, 2025
- RAUM · $5.7B to $8.5MApr 30, 2024 to Feb 14, 2025
- Non-discretionary RAUM · $2.4B to $2.4BMar 27, 2024 to Apr 30, 2024
- Pooled vehicle RAUM · $6.6M to $11.1MMar 27, 2024 to Apr 30, 2024
- RAUM · $5.7B to $5.7BMar 27, 2024 to Apr 30, 2024
- Accounts · 690 to 4,434Aug 11, 2023 to Mar 27, 2024
- Charity clients · 16 to 22Aug 11, 2023 to Mar 27, 2024
- Corporate clients · 4 to 7Aug 11, 2023 to Mar 27, 2024
- HNW clients · 561 to 399Aug 11, 2023 to Mar 27, 2024
- Individual clients · 97 to 118Aug 11, 2023 to Mar 27, 2024
- Pension plan clients · 6 to 4Aug 11, 2023 to Mar 27, 2024
- Pooled vehicle clients · 6 to 7Aug 11, 2023 to Mar 27, 2024
- Assets in custody · $2.1B to $2.2BAug 11, 2023 to Mar 27, 2024
- Employees · 86 to 79Aug 11, 2023 to Mar 27, 2024
- State-registered IARs · 39 to 40Aug 11, 2023 to Mar 27, 2024
Signals
55 dated events
- W•• P•••••••• L•• no longer on the SEC adviser roster (last listed 2025-06-02, RAUM $9.3M)Jul 1, 2025 · Left the SEC roster · derived
- N••••• R••••••••• A•••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-29)Jun 27, 2025 · Advisor changed firm · fact
- L••• A••••••••• E•••••• left W•• P•••••••• L•• for C•••••• L•• (registered 2026-01-28)Feb 18, 2025 · Advisor changed firm · fact
- W•• P•••••••• L•• reported RAUM $8.5M, down 100% from $5.7B (2024-04-30 to 2025-02-14)Feb 14, 2025 · RAUM change · derived
- W•• P•••••••• L•• reported 0 state-registered advisory representatives, down from 40 (2024-04-30 to 2025-02-14)Feb 14, 2025 · Advisor headcount change · derived
- B•••• M•••••• L•••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-22)Feb 10, 2025 · Advisor changed firm · fact
- T••• M•••••• W••••••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-31)Feb 8, 2025 · Advisor changed firm · fact
- D••••• J••• M•••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-22)Feb 7, 2025 · Advisor changed firm · fact
- J•••••• L•••• H••• left W•• P•••••••• L•• for H• W••••• (registered 2025-02-05)Feb 7, 2025 · Advisor changed firm · fact
- M••••• J••••• E•• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-29)Feb 7, 2025 · Advisor changed firm · fact
- C••• J••••• N•••••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-22)Feb 7, 2025 · Advisor changed firm · fact
- S••••• P••••• C•••••• left W•• P•••••••• L•• for H• W••••• (registered 2026-02-16)Feb 3, 2025 · Advisor changed firm · fact
- H••• W•••••• P••••• left W•• P•••••••• L•• for H• W••••• (registered 2025-02-03)Feb 3, 2025 · Advisor changed firm · fact
- A••••• C••••• H•••••• left W•• P•••••••• L•• for H• W••••• (registered 2025-02-03)Feb 3, 2025 · Advisor changed firm · fact
- S••• A••••••• left W•• P•••••••• L•• for H• W••••• (registered 2025-02-03)Feb 3, 2025 · Advisor changed firm · fact
- H••••••• D• R•••• left W•• P•••••••• L•• for H• W••••• (registered 2025-02-03)Feb 3, 2025 · Advisor changed firm · fact
- J••• B•••••• F•••••• left W•• P•••••••• L•• for H• W••••• (registered 2025-02-03)Feb 3, 2025 · Advisor changed firm · fact
- L••• L•• C•••••• left W•• P•••••••• L•• for H• W••••• (registered 2025-02-03)Feb 3, 2025 · Advisor changed firm · fact
- T•••••• R••••• R•••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-31)Jan 31, 2025 · Advisor changed firm · fact
- Z•••••• M• R•••••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-31)Jan 31, 2025 · Advisor changed firm · fact
- Z•••• K••• W•••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-31)Jan 31, 2025 · Advisor changed firm · fact
- R•••••• J••• S•••••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-31)Jan 31, 2025 · Advisor changed firm · fact
- P••• A• S••••••• left W•• P•••••••• L•• for H• W••••• (registered 2026-01-01)Jan 31, 2025 · Advisor changed firm · fact
- J••• J••••• H•••• left W•• P•••••••• L•• for H• W••••• (registered 2026-01-01)Jan 30, 2025 · Advisor changed firm · fact
- C••• P•••••• E•••••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-24)Jan 30, 2025 · Advisor changed firm · fact
- J••••• F• R••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-24)Jan 30, 2025 · Advisor changed firm · fact
- M•••••• D•••• M••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-29)Jan 30, 2025 · Advisor changed firm · fact
- C••••••••• B•••• W•••••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-22)Jan 30, 2025 · Advisor changed firm · fact
- A•••••••• R••••• P•••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-22)Jan 30, 2025 · Advisor changed firm · fact
- E••• M•••••• B•••• left W•• P•••••••• L•• for H• W••••• (registered 2025-01-24)Jan 30, 2025 · Advisor changed firm · fact
Across DFX
shared identifiers only, never a name match
- WMS Partners · Family Officesshared crd · office
- W•• P•••••••• L•• · Private Equityshared crd · organization
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
- Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $4.7Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026
Across the graphs
W•• P•••••••• L•• is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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