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

C•••••••• C•••••• P••••••• L••

Independent wealth managerMenlo Park, CaliforniaCRD 111756SEC 801-78763websiteIAPD
Latest filing Apr 1, 2026
First filing on the tape Mar 28, 2012 · 34 filings
SEC status approved since Nov 7, 2013
RAUM
$161M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$160M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$53.8M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
2
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$161M as of Apr 1, 2026
Mar 28, 2012$70.1M then
HNW client RAUM$156M as of Apr 1, 2026
Apr 4, 2018$237M then
State-registered IARs (5.B.3)3 as of Apr 1, 2026
Mar 28, 20120 then
Employees (5.A)5 as of Apr 1, 2026
Mar 12, 201411 then
Private funds2 as of Apr 1, 2026
Mar 31, 20161 then
RAUM +1.6% over the last fiscal year-2.9% a year over threeIARs 3 to 3offices 2 to 3
Practice profile
derived from the filing of Apr 1, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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)
RAUM per advisor
$53.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
20derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$683,401derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
0.8derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+1.6%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-1.7%derived
Compensation
percentage of assets, hourly, fixed fees, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisers, otherreportedItem 5.G
Custody
$64.7M, 34 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)
  • 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
  • High-net-worth individuals$156M97%
  • Individuals$4.2M2.6%
  • Pooled investment vehicles$1.1M0.7%
Individual clients
9reported
HNW clients
50reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
236reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$64.7M for 34 clientsreported
Compensation
% of AUM, fixed, hourly, performancereported
Class basis
private_client_share=0.99 fund_share=0.01 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
N•••••••• R•••••• L•••Menlo Park, CaAug 30, 199938 y0
T••• S••••• L•••••Keller, TxOct 29, 201828 y0
P••• J•••• B•••Carnelian Bay, CaJan 1, 202638 y0
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
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    3 reported on Schedule D 7.B.(1)
    Owners and control persons
    Schedule A and B, latest filing
    • L•••• N••••••••• R•••••• · Managing Member/Director Of Client Relations/Chief Compliance Officercontrol
      since 08/1998 · owns 50% to 75%
    • L•••••• T•••• S••••• · Managing Member/Director Of Marketingcontrol
      since 01/2002 · owns 50% to 75%
    Related persons
    Schedule D 7.A
    • N•••••••• R•••••• L•••
      pooled vehicle sponsory
    • T••• S••••• L•••••
      pooled vehicle sponsory
    Offices
    Schedule D 1.F, the 25 largest
    • , 1 employees
    What changed
    consecutive filings, newest first
    • Accounts · 235 to 236
      Jun 25, 2025 to Mar 31, 2026
    • HNW clients · 51 to 50
      Jun 25, 2025 to Mar 31, 2026
    • Assets in custody · $66.1M to $64.7M
      Jun 25, 2025 to Mar 31, 2026
    • HQ city · to MENLO PARK
      Jun 25, 2025 to Mar 31, 2026
    • HQ state · to CA
      Jun 25, 2025 to Mar 31, 2026
    • Other offices · 2 to 3
      Jun 25, 2025 to Mar 31, 2026
    • Discretionary RAUM · $159M to $161M
      Jun 25, 2025 to Mar 31, 2026
    • HNW RAUM · $154M to $156M
      Jun 25, 2025 to Mar 31, 2026
    • Individual RAUM · $3.9M to $4.2M
      Jun 25, 2025 to Mar 31, 2026
    • Pooled vehicle RAUM · $1.2M to $1.1M
      Jun 25, 2025 to Mar 31, 2026
    • RAUM · $159M to $161M
      Jun 25, 2025 to Mar 31, 2026
    • Financial planning clients · 1-10 to 1-10
      Apr 9, 2025 to Jun 25, 2025
    • HNW clients · 68 to 51
      May 5, 2024 to Apr 9, 2025
    • Assets in custody · $70.5M to $66.1M
      May 5, 2024 to Apr 9, 2025
    • HQ city · unset to
      May 5, 2024 to Apr 9, 2025
    • HQ state · unset to
      May 5, 2024 to Apr 9, 2025
    • Discretionary RAUM · $147M to $159M
      May 5, 2024 to Apr 9, 2025
    • HNW RAUM · $141M to $154M
      May 5, 2024 to Apr 9, 2025
    • Individual RAUM · $4.0M to $3.9M
      May 5, 2024 to Apr 9, 2025
    • Pooled vehicle RAUM · $1.2M to $1.2M
      May 5, 2024 to Apr 9, 2025
    • RAUM · $147M to $159M
      May 5, 2024 to Apr 9, 2025
    • Accounts · 271 to 235
      Jul 5, 2023 to Mar 30, 2024
    • HNW clients · 75 to 68
      Jul 5, 2023 to Mar 30, 2024
    • Assets in custody · $73.8M to $70.5M
      Jul 5, 2023 to Mar 30, 2024
    • Employees · 4 to 5
      Jul 5, 2023 to Mar 30, 2024
    • Financial planning clients · 11-25 to 1-10
      Jul 5, 2023 to Mar 30, 2024
    • Discretionary RAUM · $176M to $147M
      Jul 5, 2023 to Mar 30, 2024
    • HNW RAUM · $170M to $141M
      Jul 5, 2023 to Mar 30, 2024
    • Individual RAUM · $4.5M to $4.0M
      Jul 5, 2023 to Mar 30, 2024
    • Pooled vehicle RAUM · $1.1M to $1.2M
      Jul 5, 2023 to Mar 30, 2024
    • RAUM · $176M to $147M
      Jul 5, 2023 to Mar 30, 2024
    • Accounts · 285 to 271
      Nov 4, 2022 to Apr 3, 2023
    • Advisory employees · 4 to 3
      Nov 4, 2022 to Apr 3, 2023
    • Individual clients · 13 to 9
      Nov 4, 2022 to Apr 3, 2023
    • Pooled vehicle clients · 1 to 2
      Nov 4, 2022 to Apr 3, 2023
    • Assets in custody · $101M to $73.8M
      Nov 4, 2022 to Apr 3, 2023
    • HQ city · SAN FRANCISCO to unset
      Nov 4, 2022 to Apr 3, 2023
    • HQ state · CA to unset
      Nov 4, 2022 to Apr 3, 2023
    • Other offices · 0 to 2
      Nov 4, 2022 to Apr 3, 2023
    • Discretionary RAUM · $242M to $176M
      Nov 4, 2022 to Apr 3, 2023
    Signals
    4 dated events
    • C•••••••• C•••••• P••••••• L•• reported RAUM $176.0M, down 46% from $328.1M (2022-11-04 to 2023-04-03)
      Apr 3, 2023 · RAUM change · derived
    • James Paul Boyd (Managing Member/Managing Director) no longer on Schedule A of C•••••••• C•••••• P••••••• L•• (listed 2022-04-06, absent 2022-07-27)
      Jul 27, 2022 · Control person left · inference
    • S•••• A••••• T••••• left C•••••••• C•••••• P••••••• L•• for P••• A••• W••••• A•••••••• L•• (registered 2022-02-23)
      May 20, 2022 · Advisor changed firm · fact
    • C•••••••• C•••••• P••••••• L•• filed its initial SEC registration (Form ADV)
      Oct 28, 2013 · First SEC registration · fact
    Across DFX
    shared identifiers only, never a name match
    How to reach
    public business contact points only, each with its source
    Business email
    team@clearpathcapital.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    415-682-6900reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    linkedin.com/company/2227814reportedpublic record, Form ADV, Sep 18, 2026
    Website
    clearpathcapital.comreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    (415) 682-6900reportedpublic record, Form ADV, Apr 1, 2026
    Contact form
    clearpathcapital.com/contact-usreportedpublished by the firm, firm site, Sep 16, 2026
    Team page
    clearpathcapital.com/about-us/our-teamreportedpublished by the firm, firm site, Sep 16, 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
    $53.8Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026