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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Former SEC-registered adviser

F••• C••••••••• L••

Former SEC-registered adviserCRD 111457SEC 801-57352IAPD
Latest filing Sep 13, 2024
First filing on the tape Mar 23, 2012 · 38 filings
RAUM
$171M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
3
$173M gross assets
History
38 filings and snapshots on the tape
RAUM$171M as of Feb 14, 2024
Mar 23, 2012$871M then
HNW client RAUM$0 as of Mar 29, 2019
Mar 26, 2018$1.1B then
State-registered IARs (5.B.3)2 as of Feb 14, 2024
Mar 21, 20130 then
Employees (5.A)4 as of Feb 14, 2024
Mar 21, 201321 then
Private funds3 as of Feb 14, 2024
Mar 23, 20123 then
RAUM -2.3% over the last fiscal year-0.9% a year over threeIARs 2 to 2offices 0 to 1
Practice profile
derived from the filing of Sep 13, 2024; every figure names its basis
RAUM per advisor
$85.4MderivedRAUM 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
$56.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-2.3%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, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, selection of other advisersreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$171M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
3reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Private funds
4 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
E•••••••• I••••••••• F•••• L•Hedge Fund$65.5M52Mar 23, 2012
E•••••••• Q••••••••• L•••Hedge Fund$56.7M83Mar 23, 2012
E•••••••• O••••••••• F••• L•••Other Private Fund$50.5M89Mar 21, 2013
E•••••••• D••••••••• L•••no longer reportedHedge Fund$50.0M85Mar 23, 2012
Owners and control persons
Schedule A and B, latest filing
  • F••••••••• C•••• A••••• · Partner & Ciocontrol
    since 02/2014 · owns less than 5%
  • P••••••• S••••••• T• · Partner / Coo & Ccocontrol
    since 02/2009 · owns less than 5%
  • F••••••••• C•••• A••••• · Shareholdercontrol
    since 03/2019 · owns 50% to 75% of F•••••••• P•••••• L••
  • P••••••• S••••••• T• · Shareholdercontrol
    since 03/2019 · owns 50% to 75% of F•••••••• P•••••• L••
Entity owners
  • F•••••••• P•••••• L•• · Holding Company
    direct · owns 75% or more
Related persons
Schedule D 7.A
  • E•••••••• G• L••
    bankpooled vehicle sponsorn
  • E••••••••
    investment adviserbanknRAUM $18.2M
  • E•••••••• M••••••••• L••
    bankpooled vehicle sponsorn
  • E•••••••• O••••••••• M••••••••• L••
    bankpooled vehicle sponsorn
Advisers that list F••• C••••••••• L•• as a related person
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • HQ city · MELVILLE to unset
    Jun 20, 2024 to Sep 13, 2024
  • HQ state · NY to unset
    Jun 20, 2024 to Sep 13, 2024
  • Other offices · 0 to 1
    Mar 30, 2023 to Feb 14, 2024
  • Discretionary RAUM · $175M to $171M
    Mar 30, 2023 to Feb 14, 2024
  • Pooled vehicle RAUM · $175M to $171M
    Mar 30, 2023 to Feb 14, 2024
  • RAUM · $175M to $171M
    Mar 30, 2023 to Feb 14, 2024
  • Discretionary RAUM · $188M to $175M
    Nov 3, 2022 to Mar 16, 2023
  • Pooled vehicle RAUM · $188M to $175M
    Nov 3, 2022 to Mar 16, 2023
  • RAUM · $188M to $175M
    Nov 3, 2022 to Mar 16, 2023
  • Insurance-licensed employees · 0 to 2
    Feb 26, 2021 to Feb 18, 2022
  • State-registered IARs · 0 to 2
    Feb 26, 2021 to Feb 18, 2022
  • Discretionary RAUM · $176M to $188M
    Feb 26, 2021 to Feb 18, 2022
  • Pooled vehicle RAUM · $176M to $188M
    Feb 26, 2021 to Feb 18, 2022
  • RAUM · $176M to $188M
    Feb 26, 2021 to Feb 18, 2022
  • Accounts · 257 to 3
    Jun 4, 2020 to Feb 26, 2021
  • Assets in custody · 184061028.0 to unset
    Jun 4, 2020 to Feb 26, 2021
  • Employees · 5 to 4
    Jun 4, 2020 to Feb 26, 2021
  • Discretionary RAUM · $184M to $176M
    Jun 4, 2020 to Feb 26, 2021
  • Pooled vehicle RAUM · $184M to $176M
    Jun 4, 2020 to Feb 26, 2021
  • RAUM · $184M to $176M
    Jun 4, 2020 to Feb 26, 2021
  • Related adviser · false to true
    Jun 4, 2020 to Feb 26, 2021
  • Accounts · 3 to 257
    Jan 13, 2020 to Mar 16, 2020
  • Charity clients · 0.0 to unset
    Jan 13, 2020 to Mar 16, 2020
  • Corporate clients · 0.0 to unset
    Jan 13, 2020 to Mar 16, 2020
  • HNW clients · 0.0 to unset
    Jan 13, 2020 to Mar 16, 2020
  • Individual clients · 0.0 to unset
    Jan 13, 2020 to Mar 16, 2020
  • Pension plan clients · 0.0 to unset
    Jan 13, 2020 to Mar 16, 2020
  • Assets in custody · unset to 184061028.0
    Jan 13, 2020 to Mar 16, 2020
  • Employees · 4 to 5
    Jan 13, 2020 to Mar 16, 2020
  • Financial planning clients · 0 to unset
    Jan 13, 2020 to Mar 16, 2020
  • HQ city · LAKE SUCCESS to MELVILLE
    Jan 13, 2020 to Mar 16, 2020
  • Discretionary RAUM · $180M to $184M
    Jan 13, 2020 to Mar 16, 2020
  • HNW RAUM · 0.0 to unset
    Jan 13, 2020 to Mar 16, 2020
  • Individual RAUM · 0.0 to unset
    Jan 13, 2020 to Mar 16, 2020
  • Pension RAUM · 0.0 to unset
    Jan 13, 2020 to Mar 16, 2020
  • Pooled vehicle RAUM · $180M to $184M
    Jan 13, 2020 to Mar 16, 2020
  • RAUM · $180M to $184M
    Jan 13, 2020 to Mar 16, 2020
  • Other offices · 1 to 0
    Sep 25, 2019 to Jan 13, 2020
  • BD registered reps · 1 to 0
    Mar 29, 2019 to May 9, 2019
  • Accounts · 2,781 to 3
    Mar 28, 2019 to Mar 29, 2019
Signals
5 dated events
  • F••• C••••••••• L•• reported RAUM $180.2M, down 87% from $1.4B (2019-03-28 to 2019-03-29)
    Mar 29, 2019 · RAUM change · derived
  • Howard David Schwartz (Chairman & Cco) no longer on Schedule A of F••• C••••••••• L•• (listed 2019-03-28, absent 2019-03-29)
    Mar 29, 2019 · Control person left · inference
  • P. Fred Sloan (Ceo & President) no longer on Schedule A of F••• C••••••••• L•• (listed 2019-03-28, absent 2019-03-29)
    Mar 29, 2019 · Control person left · inference
  • August Carl Friedrich (Partner & Cio) appeared on Schedule A of F••• C••••••••• L••
    Mar 29, 2019 · Control person joined · fact
  • T Stephen Perrino (Partner / Coo & Cco) appeared on Schedule A of F••• C••••••••• L••
    Mar 29, 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.
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
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026