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
B•••••••• A•••••••• L••
Latest filing Mar 20, 2019
First filing on the tape Mar 27, 2012 · 11 filings
RAUM
$402M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
1.3%
$5.2M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
9
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
$43.6M gross assets
History
11 filings and snapshots on the tape
RAUM$402M as of Mar 20, 2019
Mar 27, 2012$578M then
HNW client RAUM$5.2M as of Mar 20, 2019
Mar 22, 2018$7.0M then
State-registered IARs (5.B.3)7 as of Mar 20, 2019
Mar 27, 20120 then
Employees (5.A)9 as of Mar 20, 2019
Mar 11, 20138 then
Private funds1 as of Mar 20, 2019
Mar 27, 20121 then
RAUM -47% over the last fiscal year-22% a year over threeIARs 7 to 7
Practice profile
derived from the filing of Mar 20, 2019; every figure names its basis
- RAUM per advisor
- $57.4MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 0derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $5.2MderivedHNW RAUM over HNW clients
- Average account
- $25.1MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 17%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 7.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -47%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +0.0%derived
- 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
- Custody
- $43.6M, 1 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
- 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)
- 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
- Investment companies$285M71%
- Pooled investment vehicles$43.6M11%
- Pension and profit-sharing plans$31.6M7.9%
- Charitable organizations$23.5M5.8%
- State and municipal entities$12.6M3.1%
- High-net-worth individuals$5.2M1.3%
- Individual clients
- 0reported
- HNW clients
- 1reported
- Pension plan clients
- 5reported
- Charitable clients
- 6reported
- Accounts
- 16reported
- Financial planning clients
- n/areported
- Wrap fee programs
- noreported
- Custody of client assets
- $43.6M for 1 clientsreported
- 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
Left, latest
- P••• C••• B••••• to P•••••••• T•••• C••••••Sep 12, 2019 · Other
Joined, latest
none on the tape
Private funds
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| C••••••• P•••••••• L•• | Hedge Fund | $43.6M | 44 | Mar 27, 2012 |
Owners and control persons
Schedule A and B, latest filing
- F•••••• F•••• · Portfolio Manager And Membercontrolsince 02/2001 · owns 10% to 25%
- G•••••• A••••• J• · Portfolio Manager And Membercontrolsince 11/2003 · owns 10% to 25%
- L•••• R••••••• E••••• · President, Manager And Membercontrolsince 02/2001 · owns 50% to 75%
- P•••••• A•••••• L•••• · General Counsel And Chief Compliance Officercontrolsince 07/2015 · owns less than 5%
- W••••••• R••••••• J•••• · Manager Of Trading Department, Portfolio Manager And Membercontrolsince 02/2001 · owns 10% to 25%
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 20 to 16Mar 22, 2018 to Mar 20, 2019
- Charity clients · 8 to 6Mar 22, 2018 to Mar 20, 2019
- Corporate clients · 1 to 0Mar 22, 2018 to Mar 20, 2019
- Pension plan clients · 6 to 5Mar 22, 2018 to Mar 20, 2019
- Assets in custody · $54.9M to $43.6MMar 22, 2018 to Mar 20, 2019
- Discretionary RAUM · $760M to $402MMar 22, 2018 to Mar 20, 2019
- HNW RAUM · $7.0M to $5.2MMar 22, 2018 to Mar 20, 2019
- Pension RAUM · $43.8M to $31.6MMar 22, 2018 to Mar 20, 2019
- Pooled vehicle RAUM · $54.9M to $43.6MMar 22, 2018 to Mar 20, 2019
- RAUM · $760M to $402MMar 22, 2018 to Mar 20, 2019
- Accounts · 22 to 20Mar 17, 2017 to Mar 22, 2018
- Charity clients · unset to 8.0Mar 17, 2017 to Mar 22, 2018
- Corporate clients · unset to 1.0Mar 17, 2017 to Mar 22, 2018
- HNW clients · unset to 1.0Mar 17, 2017 to Mar 22, 2018
- Individual clients · unset to 0.0Mar 17, 2017 to Mar 22, 2018
- Pension plan clients · unset to 6.0Mar 17, 2017 to Mar 22, 2018
- Pooled vehicle clients · unset to 1.0Mar 17, 2017 to Mar 22, 2018
- Assets in custody · $56.1M to $54.9MMar 17, 2017 to Mar 22, 2018
- Employees · 10 to 9Mar 17, 2017 to Mar 22, 2018
- State-registered IARs · 6 to 7Mar 17, 2017 to Mar 22, 2018
- Other offices · unset to 0.0Mar 17, 2017 to Mar 22, 2018
- Discretionary RAUM · $831M to $760MMar 17, 2017 to Mar 22, 2018
- HNW RAUM · unset to 7035943.0Mar 17, 2017 to Mar 22, 2018
- Individual RAUM · unset to 0.0Mar 17, 2017 to Mar 22, 2018
- Pension RAUM · unset to 43834639.0Mar 17, 2017 to Mar 22, 2018
- Pooled vehicle RAUM · unset to 54880087.0Mar 17, 2017 to Mar 22, 2018
- RAUM · $831M to $760MMar 17, 2017 to Mar 22, 2018
- Assets in custody · $52.0M to $56.1MMar 29, 2016 to Mar 17, 2017
- State-registered IARs · 7 to 6Mar 29, 2016 to Mar 17, 2017
- Discretionary RAUM · $840M to $831MMar 29, 2016 to Mar 17, 2017
- RAUM · $840M to $831MMar 29, 2016 to Mar 17, 2017
- Accounts · 17 to 22Aug 13, 2015 to Mar 29, 2016
- Assets in custody · $57.3M to $52.0MAug 13, 2015 to Mar 29, 2016
- State-registered IARs · 6 to 7Aug 13, 2015 to Mar 29, 2016
- Discretionary RAUM · $1.1B to $840MAug 13, 2015 to Mar 29, 2016
- RAUM · $1.1B to $840MAug 13, 2015 to Mar 29, 2016
- Employees · 11 to 10Jul 24, 2015 to Aug 13, 2015
- Advisory employees · 8 to 7Mar 26, 2015 to Jul 24, 2015
- State-registered IARs · 7 to 6Mar 26, 2015 to Jul 24, 2015
- Accounts · 14 to 17Mar 14, 2014 to Mar 26, 2015
Signals
1 dated events
- B•••••••• A•••••••• L•• reported RAUM $402.0M, down 47% from $759.9M (2018-03-22 to 2019-03-20)Mar 20, 2019 · RAUM change · derived
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