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

R•• R••••••• C•••••• M••••••••• L••

Institutional managerSacramento, CaliforniaCRD 112814SEC 801-67374websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Mar 22, 2012 · 30 filings
SEC status approved since Jan 8, 2007
RAUM
$61.8M
reported, Item 5.F
Discretionary
0.0%
of RAUM
Private clients
9.4%
$5.8M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$61.8M
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$61.8M as of Mar 27, 2026
Mar 22, 2012$115M then
HNW client RAUM$5.8M as of Mar 27, 2026
Mar 20, 2018$1.6M then
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 22, 20120 then
Employees (5.A)1 as of Mar 27, 2026
Apr 1, 20131 then
Private funds: no history
RAUM -43% over the last fiscal year-16% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$61.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$966,586derivedHNW RAUM over HNW clients
Average account
$6.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
0.0%derivedof RAUM
Institutional
91%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-43%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, educational seminarsreportedItem 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • State and municipal entities$56.0M91%
  • High-net-worth individuals$5.8M9.4%
Individual clients
n/areported
HNW clients
6reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
9reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.09 fund_share=0.0 institutional_share=0.91 related_bd=true related_bank=false bd_reps=1.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
D•••••• C••••• R•••••••Sacramento, CaJul 13, 200537 y1
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • R•••••••• D••••••• C••••• · President/Chief Compliance Officercontrol
    since 03/2005 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Advisers that list R•• R••••••• C•••••• M••••••••• L•• as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • RAUM down 25 %Change between filings · filing Mar 27, 2026
    RAUM (Item 5.F) moved from $108,271,583 to $61,800,813 (-43.0%) between the annual amendments of 2025-03-13 and 2026-03-27; the peer median change was -1.0% (4 comparable advisers, 0.0th percentile of changes)
    peers: institutional managers (4) · 0.0% percentile
What changed
consecutive filings, newest first
  • Accounts · 10 to 9
    Mar 13, 2025 to Mar 27, 2026
  • HQ city · MILL VALLEY to SACRAMENTO
    Mar 13, 2025 to Mar 27, 2026
  • HNW RAUM · $5.4M to $5.8M
    Mar 13, 2025 to Mar 27, 2026
  • Non-discretionary RAUM · $108M to $61.8M
    Mar 13, 2025 to Mar 27, 2026
  • RAUM · $108M to $61.8M
    Mar 13, 2025 to Mar 27, 2026
  • Financial planning clients · 0 to 0
    Sep 6, 2024 to Mar 13, 2025
  • HNW RAUM · $5.7M to $5.4M
    Sep 6, 2024 to Mar 13, 2025
  • Non-discretionary RAUM · $133M to $108M
    Sep 6, 2024 to Mar 13, 2025
  • RAUM · $133M to $108M
    Sep 6, 2024 to Mar 13, 2025
  • Advisory activities · 5 to 3
    Feb 9, 2024 to Aug 13, 2024
  • Accounts · 9 to 10
    Mar 17, 2023 to Feb 2, 2024
  • HNW clients · 5 to 6
    Mar 17, 2023 to Feb 2, 2024
  • HNW RAUM · $5.3M to $5.7M
    Mar 17, 2023 to Feb 2, 2024
  • Non-discretionary RAUM · $103M to $133M
    Mar 17, 2023 to Feb 2, 2024
  • RAUM · $103M to $133M
    Mar 17, 2023 to Feb 2, 2024
  • Related broker-dealer · false to true
    Mar 17, 2023 to Feb 2, 2024
  • HNW RAUM · $4.6M to $5.3M
    Mar 11, 2022 to Mar 17, 2023
  • Non-discretionary RAUM · $102M to $103M
    Mar 11, 2022 to Mar 17, 2023
  • RAUM · $102M to $103M
    Mar 11, 2022 to Mar 17, 2023
  • Accounts · 10 to 9
    Mar 11, 2021 to Mar 11, 2022
  • HNW clients · 6 to 5
    Mar 11, 2021 to Mar 11, 2022
  • HNW RAUM · $4.6M to $4.6M
    Mar 11, 2021 to Mar 11, 2022
  • Non-discretionary RAUM · $101M to $102M
    Mar 11, 2021 to Mar 11, 2022
  • RAUM · $101M to $102M
    Mar 11, 2021 to Mar 11, 2022
  • HNW RAUM · $2.9M to $4.6M
    Dec 17, 2020 to Mar 11, 2021
  • Non-discretionary RAUM · $119M to $101M
    Dec 17, 2020 to Mar 11, 2021
  • RAUM · $119M to $101M
    Dec 17, 2020 to Mar 11, 2021
  • Accounts · 6 to 10
    Feb 27, 2019 to Mar 10, 2020
  • HNW clients · 1 to 6
    Feb 27, 2019 to Mar 10, 2020
  • Other offices · 1 to 0
    Feb 27, 2019 to Mar 10, 2020
  • HNW RAUM · $1.6M to $2.9M
    Feb 27, 2019 to Mar 10, 2020
  • Non-discretionary RAUM · $119M to $119M
    Feb 27, 2019 to Mar 10, 2020
  • RAUM · $119M to $119M
    Feb 27, 2019 to Mar 10, 2020
  • HNW RAUM · $1.6M to $1.6M
    Mar 27, 2018 to Feb 27, 2019
  • Non-discretionary RAUM · $119M to $119M
    Mar 27, 2018 to Feb 27, 2019
  • RAUM · $119M to $119M
    Mar 27, 2018 to Feb 27, 2019
  • HNW clients · unset to 1.0
    Jan 23, 2017 to Mar 20, 2018
  • Other offices · unset to 1.0
    Jan 23, 2017 to Mar 20, 2018
  • HNW RAUM · unset to 1642234.0
    Jan 23, 2017 to Mar 20, 2018
  • Non-discretionary RAUM · $130M to $119M
    Jan 23, 2017 to Mar 20, 2018
Signals
No event on the tape.
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Website
R•••••••CAPITAL.COMreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
415-771-9421reportedpublic record, Form ADV, Mar 27, 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
Institutional managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$61.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026