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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

Former SEC-registered adviser

A•••• C••••••• L••

Former SEC-registered adviserLake Forest, IllinoisCRD 112702SEC 801-60264IAPD
Latest filing May 12, 2021
First filing on the tape Feb 27, 2012 · 20 filings
RAUM
$585M
reported, Item 5.F
Discretionary
88%
of RAUM
Private clients
92%
$538M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$585M as of Mar 18, 2021
Feb 27, 2012$191M then
HNW client RAUM$529M as of Mar 18, 2021
Mar 5, 2018$309M then
State-registered IARs (5.B.3)3 as of Mar 18, 2021
Mar 11, 20131 then
Employees (5.A)5 as of Mar 18, 2021
Mar 11, 20132 then
Private funds: no history
RAUM -46% over the last fiscal year-4.3% a year over threeIARs 3 to 3
Practice profile
derived from the filing of May 12, 2021; every figure names its basis
RAUM per advisor
$195MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
41derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$5.3MderivedHNW RAUM over HNW clients
Average account
$1.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
88%derivedof RAUM
Institutional
2.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-46%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+12%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$51.6M, 15 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$529M90%
  • Corporations and businesses$34.4M5.9%
  • Charitable organizations$13.0M2.2%
  • Individuals$8.4M1.4%
Individual clients
24reported
HNW clients
99reported
Pension plan clients
n/areported
Charitable clients
2reported
Accounts
321reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $1.3B managedreported
Custody of client assets
$51.6M for 15 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
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Teams: two or more advisors moving together within fourteen days, from one state
        Teams outTeams in
        Private funds
        No private fund reported.
        Owners and control persons
        Schedule A and B, latest filing
        • A••••• S•••••• J•••• · President/Chief Compliance Officercontrol
          since 03/1998 · owns 75% or more
        • D•••••• R••• W••••• · Managing Director
          since 02/2016 · owns 5% to 10%
        • V•• V••••• T•••••• F••••• · Managing Director
          since 02/2016 · owns less than 5%
        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 · 296 to 321
          Nov 18, 2020 to Mar 18, 2021
        • HNW clients · 83 to 99
          Nov 18, 2020 to Mar 18, 2021
        • Individual clients · 27 to 24
          Nov 18, 2020 to Mar 18, 2021
        • Assets in custody · $50.8M to $51.6M
          Nov 18, 2020 to Mar 18, 2021
        • Discretionary RAUM · $1.0B to $516M
          Nov 18, 2020 to Mar 18, 2021
        • HNW RAUM · $430M to $529M
          Nov 18, 2020 to Mar 18, 2021
        • Individual RAUM · $8.5M to $8.4M
          Nov 18, 2020 to Mar 18, 2021
        • Non-discretionary RAUM · $57.5M to $68.5M
          Nov 18, 2020 to Mar 18, 2021
        • RAUM · $1.1B to $585M
          Nov 18, 2020 to Mar 18, 2021
        • Wrap assets (manager) · $577M to $1.3B
          Nov 18, 2020 to Mar 18, 2021
        • Accounts · 283 to 296
          Mar 5, 2019 to Mar 10, 2020
        • HNW clients · 77 to 83
          Mar 5, 2019 to Mar 10, 2020
        • Individual clients · 28 to 27
          Mar 5, 2019 to Mar 10, 2020
        • Assets in custody · $52.2M to $50.8M
          Mar 5, 2019 to Mar 10, 2020
        • Discretionary RAUM · $691M to $1.0B
          Mar 5, 2019 to Mar 10, 2020
        • HNW RAUM · $330M to $430M
          Mar 5, 2019 to Mar 10, 2020
        • Individual RAUM · $7.1M to $8.5M
          Mar 5, 2019 to Mar 10, 2020
        • Non-discretionary RAUM · $49.0M to $57.5M
          Mar 5, 2019 to Mar 10, 2020
        • RAUM · $740M to $1.1B
          Mar 5, 2019 to Mar 10, 2020
        • Wrap assets (manager) · $332M to $577M
          Mar 5, 2019 to Mar 10, 2020
        • Accounts · 269 to 283
          Apr 3, 2018 to Mar 5, 2019
        • Advisory employees · 2 to 3
          Apr 3, 2018 to Mar 5, 2019
        • Charity clients · 1 to 2
          Apr 3, 2018 to Mar 5, 2019
        • HNW clients · 69 to 77
          Apr 3, 2018 to Mar 5, 2019
        • Individual clients · 32 to 28
          Apr 3, 2018 to Mar 5, 2019
        • Assets in custody · $55.5M to $52.2M
          Apr 3, 2018 to Mar 5, 2019
        • Employees · 4 to 5
          Apr 3, 2018 to Mar 5, 2019
        • State-registered IARs · 2 to 3
          Apr 3, 2018 to Mar 5, 2019
        • Discretionary RAUM · $620M to $691M
          Apr 3, 2018 to Mar 5, 2019
        • HNW RAUM · $309M to $330M
          Apr 3, 2018 to Mar 5, 2019
        • Individual RAUM · $9.2M to $7.1M
          Apr 3, 2018 to Mar 5, 2019
        • Non-discretionary RAUM · $47.0M to $49.0M
          Apr 3, 2018 to Mar 5, 2019
        • RAUM · $667M to $740M
          Apr 3, 2018 to Mar 5, 2019
        • Wrap assets (manager) · $273M to $332M
          Apr 3, 2018 to Mar 5, 2019
        • Assets in custody · unset to 55515288.0
          Mar 5, 2018 to Apr 3, 2018
        • Custody of client assets · false to true
          Mar 5, 2018 to Apr 3, 2018
        • Accounts · 259 to 269
          Apr 20, 2017 to Mar 5, 2018
        • Charity clients · unset to 1.0
          Apr 20, 2017 to Mar 5, 2018
        • Corporate clients · unset to 4.0
          Apr 20, 2017 to Mar 5, 2018
        • HNW clients · unset to 69.0
          Apr 20, 2017 to Mar 5, 2018
        Signals
        3 dated events
        • A•••• C••••••• L••'s advisors moved to A•••• C•••••• (Lake Forest, IL): 3 of 3 registered, on the same day
          Jan 3, 2022 · Firm absorbed (people side) · derived
        • A•••• C••••••• L•• reported RAUM $585.0M, down 46% from $1.1B (2020-11-18 to 2021-03-18)
          Mar 18, 2021 · RAUM change · derived
        • A•••• C••••••• L•• reported RAUM $1.1B, up 47% from $739.8M (2019-03-05 to 2020-03-10)
          Mar 10, 2020 · 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