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•••••••• C•••••• M••••••••• L••
Latest filing Mar 27, 2026
First filing on the tape Dec 15, 2011 · 34 filings
SEC status approved since Jun 15, 1984
RAUM
$4.1B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
1.1%
$43.1M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$1.4B
derived; firm RAUM over IAPD count
Employees
28
11 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$4.1B as of Mar 27, 2026
Mar 21, 2012$2.6B then
HNW client RAUM$43.1M as of Mar 27, 2026
Mar 20, 2018$46.6M then
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 21, 20120 then
Employees (5.A)28 as of Mar 27, 2026
Mar 15, 201331 then
Private funds: no history
RAUM -4.4% over the last fiscal year+1.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
- RAUM per advisor
- $1.4BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $7.2MderivedHNW RAUM over HNW clients
- Average account
- $66.7MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 45%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 9.3derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -4.4%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 individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 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)
- 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$1.4B34%
- Investment companies$1.1B27%
- Pooled investment vehicles$1.1B26%
- Pension and profit-sharing plans$302M7.4%
- Insurance companies$86.5M2.1%
- Charitable organizations$60.5M1.5%
- High-net-worth individuals$43.1M1.1%
- Corporations and businesses$10.4M0.3%
- Individual clients
- n/areported
- HNW clients
- 6reported
- Pension plan clients
- 3reported
- Charitable clients
- 3reported
- Accounts
- 61reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.01 fund_share=0.53 institutional_share=0.45 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| G••• E••••• N••••••• | Minneapolis, Mn | Apr 24, 2023 | 36 y | 0 |
| A••••• T••••• F••• | Minneapolis, Mn | Apr 24, 2023 | 16 y | 2 |
| B•••• H••••• D•••••• | Minneapolis, Mn | Apr 24, 2023 | 31 y | 0 |
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
- A••••• T••••• F••• from W•••••• B•••• • C•••••• L•••••Apr 24, 2023 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- S••••• S••••••• G••••• · Chief Compliance Officer & Chief Legal Officercontrolsince 10/2020 · owns less than 5%
- A••••• S•••••••• M••••••• · Governorcontrolsince 08/2016 · owns F of P•••••••• C•••••• M••••••••• H•••••••• L••
- B•••••••• J••••• R•••••• · Governorcontrolsince 08/2016 · owns F of P•••••••• C•••••• M••••••••• H•••••••• L••
- C•••• T••••• H•••• · Governorcontrolsince 08/2016 · owns F of P•••••••• C•••••• M••••••••• H•••••••• L••
- G•••••••• W••••••• A••••• · Governorcontrolsince 08/2016 · owns F of P•••••••• C•••••• M••••••••• H•••••••• L••
- M•••••• R•••••• B•••• · Governorcontrolsince 08/2016 · owns F of P•••••••• C•••••• M••••••••• H•••••••• L••
- N•••••••• G•••• E••••• · Governorcontrolsince 08/2016 · owns F of P•••••••• C•••••• M••••••••• H•••••••• L••
- P•••• D••••••• G••••• · Governorcontrolsince 08/2016 · owns F of P•••••••• C•••••• M••••••••• H•••••••• L••
- V•• K•••••• P•••• E••••• · Governorcontrolsince 08/2016 · owns F of P•••••••• C•••••• M••••••••• H•••••••• L••
Entity owners
- P•••••••• C•••••• M••••••••• H•••••••• L•• · Sole Owner And Memberdirect · owns 75% or more
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 |
|---|---|---|---|---|---|
| Minneapolis, Mn · principal | 3 | 0 | 0 |
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 27, 2026RAUM per account of $66,692,487 against a peer median of $7,545,100 (108 comparable advisers, 100.0th percentile, 7.1 robust deviations)peers: other advisers, $1B to $5B (108) · 100% percentile
- very high RAUM per advisorStatic outlier · filing Mar 27, 2026RAUM per registered advisor of $1,356,080,563 against a peer median of $383,900,952 (74 comparable advisers, 100.0th percentile, 4.8 robust deviations)peers: other advisers, $1B to $5B (74) · 100% percentile
What changed
consecutive filings, newest first
- Accounts · 75 to 61Mar 25, 2025 to Mar 27, 2026
- Charity clients · 6 to 3Mar 25, 2025 to Mar 27, 2026
- HNW clients · 9 to 6Mar 25, 2025 to Mar 27, 2026
- Pension plan clients · 4 to 3Mar 25, 2025 to Mar 27, 2026
- Pooled vehicle clients · 5 to 4Mar 25, 2025 to Mar 27, 2026
- Discretionary RAUM · $4.2B to $4.1BMar 25, 2025 to Mar 27, 2026
- HNW RAUM · $84.5M to $43.1MMar 25, 2025 to Mar 27, 2026
- Non-discretionary RAUM · $70.1M to $15.9MMar 25, 2025 to Mar 27, 2026
- Pension RAUM · $302M to $302MMar 25, 2025 to Mar 27, 2026
- Pooled vehicle RAUM · $1.2B to $1.1BMar 25, 2025 to Mar 27, 2026
- RAUM · $4.3B to $4.1BMar 25, 2025 to Mar 27, 2026
- Accounts · 89 to 75Jan 2, 2025 to Mar 25, 2025
- Advisory employees · 12 to 11Jan 2, 2025 to Mar 25, 2025
- Charity clients · 7 to 6Jan 2, 2025 to Mar 25, 2025
- Corporate clients · 2 to 1Jan 2, 2025 to Mar 25, 2025
- HNW clients · 10 to 9Jan 2, 2025 to Mar 25, 2025
- Pooled vehicle clients · 4 to 5Jan 2, 2025 to Mar 25, 2025
- Employees · 29 to 28Jan 2, 2025 to Mar 25, 2025
- Financial planning clients · unset to Jan 2, 2025 to Mar 25, 2025
- Discretionary RAUM · $4.1B to $4.2BJan 2, 2025 to Mar 25, 2025
- HNW RAUM · $113M to $84.5MJan 2, 2025 to Mar 25, 2025
- Non-discretionary RAUM · $104M to $70.1MJan 2, 2025 to Mar 25, 2025
- Pension RAUM · $281M to $302MJan 2, 2025 to Mar 25, 2025
- Pooled vehicle RAUM · $750M to $1.2BJan 2, 2025 to Mar 25, 2025
- RAUM · $4.2B to $4.3BJan 2, 2025 to Mar 25, 2025
- Accounts · 92 to 89Nov 27, 2023 to Mar 28, 2024
- Advisory employees · 13 to 12Nov 27, 2023 to Mar 28, 2024
- HNW clients · 11 to 10Nov 27, 2023 to Mar 28, 2024
- Discretionary RAUM · $3.8B to $4.1BNov 27, 2023 to Mar 28, 2024
- HNW RAUM · $106M to $113MNov 27, 2023 to Mar 28, 2024
- Non-discretionary RAUM · $91.4M to $104MNov 27, 2023 to Mar 28, 2024
- Pension RAUM · $270M to $281MNov 27, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $624M to $750MNov 27, 2023 to Mar 28, 2024
- RAUM · $3.9B to $4.2BNov 27, 2023 to Mar 28, 2024
- Accounts · 96 to 92Jan 23, 2023 to Mar 28, 2023
- Advisory employees · 11 to 13Jan 23, 2023 to Mar 28, 2023
- Charity clients · 10 to 7Jan 23, 2023 to Mar 28, 2023
- Corporate clients · unset to 2.0Jan 23, 2023 to Mar 28, 2023
- Pension plan clients · unset to 4.0Jan 23, 2023 to Mar 28, 2023
- Employees · 27 to 29Jan 23, 2023 to Mar 28, 2023
Signals
10 dated events
- John Daniel Hagen (Governor) no longer on Schedule A of P•••••••• C•••••• M••••••••• L•• (listed 2023-03-28, absent 2023-11-27)Nov 27, 2023 · Control person left · inference
- P•••••••• C•••••• M••••••••• L•• reported RAUM $3.9B, down 34% from $5.9B (2023-01-23 to 2023-03-28)Mar 28, 2023 · RAUM change · derived
- Nmn Hema Nealon (Governor) no longer on Schedule A of P•••••••• C•••••• M••••••••• L•• (listed 2023-01-23, absent 2023-03-28)Mar 28, 2023 · Control person left · inference
- P•••••••• C•••••• M••••••••• L•• reported RAUM $5.8B, up 32% from $4.4B (2020-10-30 to 2021-03-23)Mar 23, 2021 · RAUM change · derived
- Patrick James Ross (Governor) no longer on Schedule A of P•••••••• C•••••• M••••••••• L•• (listed 2020-10-30, absent 2021-03-23)Mar 23, 2021 · Control person left · inference
- Gerard Stephen Simon (Chief Compliance Officer) appeared on Schedule A of P•••••••• C•••••• M••••••••• L••Oct 29, 2020 · Control person joined · fact
- Marie Christine Mullady (Chief Compliance Officer) no longer on Schedule A of P•••••••• C•••••• M••••••••• L•• (listed 2020-06-24, absent 2020-08-11)Aug 11, 2020 · Control person left · inference
- Steele David Lunt (Governor) no longer on Schedule A of P•••••••• C•••••• M••••••••• L•• (listed 2019-04-15, absent 2020-03-27)Mar 27, 2020 · Control person left · inference
- Hema Nealon (Coo, Cfo) appeared on Schedule A of P•••••••• C•••••• M••••••••• L••Apr 15, 2019 · Control person joined · fact
- P•••••••• C•••••• M••••••••• I••• reported succeeding to the business of Another Adviser (Form ADV Item 4)Sep 8, 2016 · Succession (Item 4) · 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
- P••••••••.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 612-343-7600reportedpublic 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
- Other adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $1.4Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026