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

S••••• C•••••• L••

Independent wealth managerMiami, FloridaCRD 110129SEC 801-57691websiteIAPD
Latest filing Jun 11, 2026
First filing on the tape Mar 22, 2012 · 49 filings
SEC status approved since Jun 28, 2000
RAUM
$1.6B
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
95%
$1.5B individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$202M
derived; firm RAUM over IAPD count
Employees
8
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
49 filings and snapshots on the tape
RAUM$1.6B as of Jun 11, 2026
Mar 22, 2012$240M then
HNW client RAUM$1.5B as of Jun 11, 2026
Mar 28, 2018$503M then
State-registered IARs (5.B.3)5 as of Jun 11, 2026
Mar 12, 20130 then
Employees (5.A)8 as of Jun 11, 2026
Mar 12, 20132 then
Private funds2 as of Jun 11, 2026
Mar 27, 20262 then
RAUM +11% over the last fiscal year+5.6% a year over threeIARs 5 to 5
Practice profile
derived from the filing of Jun 11, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
$202MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$20.2MderivedHNW RAUM over HNW clients
Average account
$3.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
96%derivedof RAUM
Institutional
4.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
8.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, publicationsreportedItem 5.G
Custody
$99.3M, 10 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)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.5B95%
  • Charitable organizations$49.3M3.1%
  • Insurance companies$14.9M0.9%
  • Banks and thrifts$13.1M0.8%
Individual clients
n/areported
HNW clients
76reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
435reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$99.3M for 10 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.95 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
Advisor movement
0 left, 2 joined in 12 months
Private funds
2 reported on Schedule D 7.B.(1)
Owners and control persons
Schedule A and B, latest filing
  • D••••••••• R•••••• J••• · Managing Membercontrol
    since 02/1998 · owns less than 5%
  • P••••••• C•••••• A•••••• · Managing Membercontrol
    since 01/2016 · owns 25% to 50%
  • M•••••••• M•••• · Chief Compliance Officer
    since 03/2026 · owns less than 5%
Entity owners
  • S••••••• S• L•• · Member
    direct · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Advisers that list S••••• C•••••• L•• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Miami, Fl · principal830
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 528 to 435
    Sep 19, 2025 to Mar 27, 2026
  • HNW clients · 74 to 76
    Sep 19, 2025 to Mar 27, 2026
  • Employees · 6 to 8
    Sep 19, 2025 to Mar 27, 2026
  • Private funds · unset to 2
    Sep 19, 2025 to Mar 27, 2026
  • Discretionary RAUM · $1.4B to $1.5B
    Sep 19, 2025 to Mar 27, 2026
  • HNW RAUM · $1.4B to $1.5B
    Sep 19, 2025 to Mar 27, 2026
  • Non-discretionary RAUM · $62.7M to $68.4M
    Sep 19, 2025 to Mar 27, 2026
  • RAUM · $1.5B to $1.6B
    Sep 19, 2025 to Mar 27, 2026
  • Accounts · 519 to 528
    Mar 27, 2025 to Sep 19, 2025
  • Advisory employees · 5 to 6
    Mar 27, 2025 to Sep 19, 2025
  • Advisory activities · 6 to 5
    Mar 27, 2025 to Sep 19, 2025
  • HNW clients · 76 to 74
    Mar 27, 2025 to Sep 19, 2025
  • Assets in custody · $121M to $99.3M
    Mar 27, 2025 to Sep 19, 2025
  • Employees · 5 to 6
    Mar 27, 2025 to Sep 19, 2025
  • Discretionary RAUM · $1.4B to $1.4B
    Mar 27, 2025 to Sep 19, 2025
  • HNW RAUM · $1.4B to $1.4B
    Mar 27, 2025 to Sep 19, 2025
  • Non-discretionary RAUM · $51.5M to $62.7M
    Mar 27, 2025 to Sep 19, 2025
  • RAUM · $1.5B to $1.5B
    Mar 27, 2025 to Sep 19, 2025
  • Accounts · 517 to 519
    Apr 24, 2024 to Mar 27, 2025
  • Advisory activities · 5 to 6
    Apr 24, 2024 to Mar 27, 2025
  • HNW clients · 78 to 76
    Apr 24, 2024 to Mar 27, 2025
  • Assets in custody · $130M to $121M
    Apr 24, 2024 to Mar 27, 2025
  • Employees · 7 to 5
    Apr 24, 2024 to Mar 27, 2025
  • Financial planning clients · unset to 1-10
    Apr 24, 2024 to Mar 27, 2025
  • Discretionary RAUM · $1.3B to $1.4B
    Apr 24, 2024 to Mar 27, 2025
  • HNW RAUM · $1.4B to $1.4B
    Apr 24, 2024 to Mar 27, 2025
  • Non-discretionary RAUM · $113M to $51.5M
    Apr 24, 2024 to Mar 27, 2025
  • RAUM · $1.4B to $1.5B
    Apr 24, 2024 to Mar 27, 2025
  • Accounts · 362 to 517
    Mar 13, 2023 to Mar 14, 2024
  • Advisory employees · 4 to 5
    Mar 13, 2023 to Mar 14, 2024
  • Advisory activities · 4 to 5
    Mar 13, 2023 to Mar 14, 2024
  • HNW clients · 70 to 78
    Mar 13, 2023 to Mar 14, 2024
  • Assets in custody · $137M to $130M
    Mar 13, 2023 to Mar 14, 2024
  • Employees · 6 to 7
    Mar 13, 2023 to Mar 14, 2024
  • State-registered IARs · 4 to 5
    Mar 13, 2023 to Mar 14, 2024
  • Discretionary RAUM · $1.1B to $1.3B
    Mar 13, 2023 to Mar 14, 2024
  • HNW RAUM · $1.3B to $1.4B
    Mar 13, 2023 to Mar 14, 2024
  • Non-discretionary RAUM · $229M to $113M
    Mar 13, 2023 to Mar 14, 2024
  • RAUM · $1.4B to $1.4B
    Mar 13, 2023 to Mar 14, 2024
  • Accounts · 71 to 362
    Mar 28, 2022 to Mar 13, 2023
Signals
1 dated events
  • S••••• C•••••• L•• reported RAUM $794.9M, up 50% from $529.4M (2018-03-28 to 2018-10-10)
    Oct 10, 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
Firm profile
linkedin.com/company/sierra-capitalreportedpublic record, Form ADV, Sep 18, 2026
Website
H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
212-867-3533reportedpublic record, Form ADV, Jun 11, 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
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$202Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026