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

S•••• M••••• F•••••••• S•••••••• L••

Former SEC-registered adviserIrvine, CaliforniaCRD 112483SEC 801-111941IAPD
Latest filing Jun 22, 2020
First filing on the tape Sep 27, 2017 · 16 filings
RAUM
$420M
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
95%
$399M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
11
9 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$420M as of Mar 17, 2020
Jan 24, 2018$180M then
HNW client RAUM$353M as of Mar 17, 2020
Jan 24, 2018$117M then
State-registered IARs (5.B.3)11 as of Mar 17, 2020
Jan 24, 20189 then
Employees (5.A)11 as of Mar 17, 2020
Jan 24, 201810 then
Private funds: no history
RAUM +57% over the last fiscal yearIARs 11 to 11
Practice profile
derived from the filing of Jun 22, 2020; every figure names its basis
RAUM per advisor
$38.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
46derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.2MderivedHNW RAUM over HNW clients
Average account
$544,457derivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
5.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.2derived5 offices incl. principal (1.F.5)
RAUM growth, one year
+57%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+77%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Custody
$23.7M, 2 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$353M84%
  • Individuals$46.2M11%
  • Pension and profit-sharing plans$21.0M5.0%
Individual clients
214reported
HNW clients
289reported
Pension plan clients
19reported
Charitable clients
n/areported
Accounts
771reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
$23.7M for 2 clientsreported
Compensation
% of AUM, fixed, hourlyreported
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
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • A•••••• A•••• B•••• · Chief Compliance Officer & Presidentcontrol
    since 03/2000 · owns less than 5%
  • H••••••••• D••••••• L•• · Chief Operating Officer / Chief Marketing Officercontrol
    since 11/2018 · owns less than 5%
  • M•••••• S••••••• P••• · Managercontrol
    since 08/1999 · owns less than 5%
Entity owners
  • S•••• M••••• L•• · Managing Member
    direct · owns 75% or more
Related persons
Schedule D 7.A
  • S•••• M••••• L••
    insurancey
Offices
Schedule D 1.F, the 25 largest
  • San Diego, CA2 employees
  • Encino, CA1 employees
  • Los Angeles, CA1 employees
  • San Francisco, CA1 employees
What changed
consecutive filings, newest first
  • Accounts · 657 to 771
    Mar 27, 2019 to Mar 17, 2020
  • BD registered reps · 7 to 6
    Mar 27, 2019 to Mar 17, 2020
  • HNW clients · 139 to 289
    Mar 27, 2019 to Mar 17, 2020
  • Individual clients · 145 to 214
    Mar 27, 2019 to Mar 17, 2020
  • Pension plan clients · 14 to 19
    Mar 27, 2019 to Mar 17, 2020
  • Assets in custody · $28.5M to $23.7M
    Mar 27, 2019 to Mar 17, 2020
  • Discretionary RAUM · $241M to $393M
    Mar 27, 2019 to Mar 17, 2020
  • HNW RAUM · $216M to $353M
    Mar 27, 2019 to Mar 17, 2020
  • Individual RAUM · $37.1M to $46.2M
    Mar 27, 2019 to Mar 17, 2020
  • Non-discretionary RAUM · $25.4M to $27.1M
    Mar 27, 2019 to Mar 17, 2020
  • Pension RAUM · $13.8M to $21.0M
    Mar 27, 2019 to Mar 17, 2020
  • RAUM · $267M to $420M
    Mar 27, 2019 to Mar 17, 2020
  • Accounts · 628 to 657
    Feb 5, 2019 to Mar 27, 2019
  • BD registered reps · 6 to 7
    Feb 5, 2019 to Mar 27, 2019
  • HNW clients · 119 to 139
    Feb 5, 2019 to Mar 27, 2019
  • Individual clients · 139 to 145
    Feb 5, 2019 to Mar 27, 2019
  • Pension plan clients · unset to 14.0
    Feb 5, 2019 to Mar 27, 2019
  • Assets in custody · unset to 28509728.0
    Feb 5, 2019 to Mar 27, 2019
  • Custody of client assets · false to true
    Feb 5, 2019 to Mar 27, 2019
  • Employees · 10 to 11
    Feb 5, 2019 to Mar 27, 2019
  • Financial planning clients · 0 to 51-100
    Feb 5, 2019 to Mar 27, 2019
  • State-registered IARs · 9 to 11
    Feb 5, 2019 to Mar 27, 2019
  • Discretionary RAUM · $222M to $241M
    Feb 5, 2019 to Mar 27, 2019
  • HNW RAUM · $215M to $216M
    Feb 5, 2019 to Mar 27, 2019
  • Individual RAUM · $33.4M to $37.1M
    Feb 5, 2019 to Mar 27, 2019
  • Non-discretionary RAUM · $26.4M to $25.4M
    Feb 5, 2019 to Mar 27, 2019
  • Pension RAUM · unset to 13846505.0
    Feb 5, 2019 to Mar 27, 2019
  • RAUM · $248M to $267M
    Feb 5, 2019 to Mar 27, 2019
  • Accounts · 533 to 628
    May 24, 2018 to Feb 5, 2019
  • HNW clients · 82 to 119
    May 24, 2018 to Feb 5, 2019
  • Individual clients · 137 to 139
    May 24, 2018 to Feb 5, 2019
  • Assets in custody · 44316900.0 to unset
    May 24, 2018 to Feb 5, 2019
  • Custody of client assets · true to false
    May 24, 2018 to Feb 5, 2019
  • HQ city · NEWPORT BEACH to IRVINE
    May 24, 2018 to Feb 5, 2019
  • Discretionary RAUM · $210M to $222M
    May 24, 2018 to Feb 5, 2019
  • HNW RAUM · $141M to $215M
    May 24, 2018 to Feb 5, 2019
  • Individual RAUM · $33.3M to $33.4M
    May 24, 2018 to Feb 5, 2019
  • Non-discretionary RAUM · $22.9M to $26.4M
    May 24, 2018 to Feb 5, 2019
  • Pension RAUM · 2006737.0 to unset
    May 24, 2018 to Feb 5, 2019
  • RAUM · $232M to $248M
    May 24, 2018 to Feb 5, 2019
Signals
3 dated events
  • S•••• M••••• F•••••••• S•••••••• L•• reported RAUM $419.8M, up 57% from $266.7M (2019-03-27 to 2020-03-17)
    Mar 17, 2020 · RAUM change · derived
  • Lee Deborah Harrington (Chief Operating Officer / Chief Marketing Officer) appeared on Schedule A of S•••• M••••• F•••••••• S•••••••• L••
    Feb 5, 2019 · Control person joined · fact
  • S•••• M••••• F•••••••• S•••••••• L•• filed its initial SEC registration (Form ADV)
    Sep 27, 2017 · First SEC registration · 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