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

R•••••• A•••• M••••••••• L••

Former SEC-registered adviserCRD 114057SEC 801-60837IAPD
Latest filing Mar 26, 2024
First filing on the tape Mar 28, 2012 · 20 filings
RAUM
$95.4M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
12%
$11.2M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$95.4M as of Mar 26, 2024
Mar 28, 2012$309M then
HNW client RAUM$9.6M as of Mar 26, 2024
Mar 22, 2018$17.5M then
State-registered IARs (5.B.3)0 as of Mar 26, 2024
Mar 25, 20130 then
Employees (5.A)3 as of Mar 26, 2024
Mar 25, 20135 then
Private funds: no history
RAUM +12% over the last fiscal year-8.7% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 26, 2024; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$384,175derivedHNW RAUM over HNW clients
Average account
$1.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
-11%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for investment companiesreportedItem 5.G
Custody
$3.1M, 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)
  • 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$84.2M88%
  • High-net-worth individuals$9.6M10%
  • Individuals$1.6M1.6%
  • Corporations and businesses$7,8570.0%
Individual clients
34reported
HNW clients
25reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
61reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$3.1M for 2 clientsreported
Compensation
% of AUMreported
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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • L••••• C••••• L• · Chief Operating Officer/Chief Compliance Officer/Membercontrol
    since 03/2007 · owns 10% to 25%
  • R••••••• J••••• C••••••••• · President/Portfolio Manager/Managing Membercontrol
    since 12/1998 · owns 75% or more
  • C•••••••• E•••••• A•••••••• · Member
    since 01/2013 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Chevy Chase, Md000
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 67 to 61
    Mar 29, 2023 to Mar 26, 2024
  • HNW clients · 27 to 25
    Mar 29, 2023 to Mar 26, 2024
  • Individual clients · 39 to 34
    Mar 29, 2023 to Mar 26, 2024
  • Assets in custody · $2.8M to $3.1M
    Mar 29, 2023 to Mar 26, 2024
  • Discretionary RAUM · $85.2M to $95.4M
    Mar 29, 2023 to Mar 26, 2024
  • HNW RAUM · $6.9M to $9.6M
    Mar 29, 2023 to Mar 26, 2024
  • Individual RAUM · $1.8M to $1.6M
    Mar 29, 2023 to Mar 26, 2024
  • RAUM · $85.2M to $95.4M
    Mar 29, 2023 to Mar 26, 2024
  • Accounts · 78 to 67
    Mar 28, 2022 to Mar 29, 2023
  • HNW clients · 36 to 27
    Mar 28, 2022 to Mar 29, 2023
  • Individual clients · 40 to 39
    Mar 28, 2022 to Mar 29, 2023
  • Assets in custody · $3.4M to $2.8M
    Mar 28, 2022 to Mar 29, 2023
  • Other offices · 0 to 1
    Mar 28, 2022 to Mar 29, 2023
  • Discretionary RAUM · $117M to $85.2M
    Mar 28, 2022 to Mar 29, 2023
  • HNW RAUM · $10.3M to $6.9M
    Mar 28, 2022 to Mar 29, 2023
  • Individual RAUM · $1.6M to $1.8M
    Mar 28, 2022 to Mar 29, 2023
  • RAUM · $117M to $85.2M
    Mar 28, 2022 to Mar 29, 2023
  • Accounts · 93 to 78
    Mar 26, 2021 to Mar 28, 2022
  • HNW clients · 37 to 36
    Mar 26, 2021 to Mar 28, 2022
  • Individual clients · 54 to 40
    Mar 26, 2021 to Mar 28, 2022
  • Assets in custody · $3.2M to $3.4M
    Mar 26, 2021 to Mar 28, 2022
  • Discretionary RAUM · $125M to $117M
    Mar 26, 2021 to Mar 28, 2022
  • HNW RAUM · $8.3M to $10.3M
    Mar 26, 2021 to Mar 28, 2022
  • Individual RAUM · $7.4M to $1.6M
    Mar 26, 2021 to Mar 28, 2022
  • RAUM · $125M to $117M
    Mar 26, 2021 to Mar 28, 2022
  • Accounts · 107 to 93
    Jun 29, 2020 to Mar 26, 2021
  • HNW clients · 35 to 37
    Jun 29, 2020 to Mar 26, 2021
  • Individual clients · 70 to 54
    Jun 29, 2020 to Mar 26, 2021
  • Assets in custody · $2.8M to $3.2M
    Jun 29, 2020 to Mar 26, 2021
  • HQ city · CHEVY CHASE to unset
    Jun 29, 2020 to Mar 26, 2021
  • HQ state · MD to unset
    Jun 29, 2020 to Mar 26, 2021
  • Discretionary RAUM · $109M to $125M
    Jun 29, 2020 to Mar 26, 2021
  • HNW RAUM · $10.7M to $8.3M
    Jun 29, 2020 to Mar 26, 2021
  • Individual RAUM · $10.6M to $7.4M
    Jun 29, 2020 to Mar 26, 2021
  • RAUM · $109M to $125M
    Jun 29, 2020 to Mar 26, 2021
  • Wrap assets (manager) · 177898.0 to unset
    Jun 29, 2020 to Mar 26, 2021
  • Wrap assets (sponsor) · 0.0 to unset
    Jun 29, 2020 to Mar 26, 2021
  • Accounts · 122 to 107
    Mar 21, 2019 to Mar 27, 2020
  • Individual clients · 85 to 70
    Mar 21, 2019 to Mar 27, 2020
  • Assets in custody · $2.3M to $2.8M
    Mar 21, 2019 to Mar 27, 2020
Signals
1 dated events
  • C•••• L• L•••• left R•••••• A•••• M••••••••• L•• for H••••••• I•••••••• M••••••••• C••• (registered 2025-01-21)
    Dec 6, 2024 · Advisor changed firm · 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