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

D•••• M••••••••• L••

Independent wealth managerNew York, New YorkCRD 119786SEC 801-61049websiteIAPD
Latest filing Mar 19, 2026
First filing on the tape Mar 28, 2012 · 21 filings
SEC status approved since Apr 19, 2002
RAUM
$430M
reported, Item 5.F
Discretionary
18%
of RAUM
Private clients
83%
$357M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$430M as of Mar 19, 2026
Mar 28, 2012$357M then
HNW client RAUM$357M as of Mar 19, 2026
Mar 29, 2018$457M then
State-registered IARs (5.B.3)0 as of Mar 19, 2026
Mar 28, 20120 then
Employees (5.A)7 as of Mar 19, 2026
Mar 28, 201316 then
Private funds1 as of Mar 19, 2026
Mar 28, 20125 then
RAUM +16% over the last fiscal year+8.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 19, 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)
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
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
$23.8MderivedHNW RAUM over HNW clients
Average account
$23.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
18%derivedof RAUM
Institutional
3.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 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, portfolio management for pooled vehiclesreportedItem 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
  • 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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$357M83%
  • Pooled investment vehicles$57.3M13%
  • Charitable organizations$12.9M3.0%
  • Corporations and businesses$2.9M0.7%
Individual clients
0reported
HNW clients
15reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
18reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.83 fund_share=0.13 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
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
      Private funds
      5 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      N••• L•••• F••• L•Hedge Fund$70.9M35Mar 28, 2012
      D•••• V••••••••• Q• F••• L•no longer reportedHedge Fund$41.0M19Mar 28, 2012
      W•••••••• S•••• C•• F••• L•no longer reportedHedge Fund$36.8M21Mar 28, 2012
      W•••••••• S•••• C•• Q• F••• L•no longer reportedHedge Fund$35.7M19Mar 28, 2012
      D•••• M•••••••• F••• L•no longer reportedHedge Fund$20.8M30Mar 28, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • B•••••• K••••••• G••••• · Cfo / Ccocontrol
        since 10/2008 · owns less than 5%
      • D••••• C••••••• M•••••• · Managing Member / Chairmancontrol
        since 02/2002 · owns 50% to 75%
      • D••••• M•••• N••••• · Managing Member / Chief Executive Officercontrol
        since 01/2003 · owns 50% to 75%
      • H••••••••• N••••• · Portfolio Managercontrol
        since 05/2020 · owns less than 5%
      Related persons
      Schedule D 7.A
      • D•••• G•• L••
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Charity clients · 0 to 1
        Mar 27, 2025 to Mar 19, 2026
      • Corporate clients · 0 to 1
        Mar 27, 2025 to Mar 19, 2026
      • HNW clients · 17 to 15
        Mar 27, 2025 to Mar 19, 2026
      • Organization form · Limited Liability Company to Limited Partnership
        Mar 27, 2025 to Mar 19, 2026
      • Discretionary RAUM · $83.8M to $75.4M
        Mar 27, 2025 to Mar 19, 2026
      • HNW RAUM · $308M to $357M
        Mar 27, 2025 to Mar 19, 2026
      • Non-discretionary RAUM · $288M to $355M
        Mar 27, 2025 to Mar 19, 2026
      • Pooled vehicle RAUM · $63.7M to $57.3M
        Mar 27, 2025 to Mar 19, 2026
      • RAUM · $372M to $430M
        Mar 27, 2025 to Mar 19, 2026
      • Accounts · 19 to 18
        Mar 26, 2024 to Mar 27, 2025
      • Charity clients · unset to 0.0
        Mar 26, 2024 to Mar 27, 2025
      • Corporate clients · unset to 0.0
        Mar 26, 2024 to Mar 27, 2025
      • HNW clients · 18 to 17
        Mar 26, 2024 to Mar 27, 2025
      • Financial planning clients · unset to
        Mar 26, 2024 to Mar 27, 2025
      • Discretionary RAUM · $88.4M to $83.8M
        Mar 26, 2024 to Mar 27, 2025
      • HNW RAUM · $333M to $308M
        Mar 26, 2024 to Mar 27, 2025
      • Non-discretionary RAUM · $311M to $288M
        Mar 26, 2024 to Mar 27, 2025
      • Pooled vehicle RAUM · $66.6M to $63.7M
        Mar 26, 2024 to Mar 27, 2025
      • RAUM · $400M to $372M
        Mar 26, 2024 to Mar 27, 2025
      • Employees · 8 to 7
        Mar 28, 2023 to Mar 26, 2024
      • Discretionary RAUM · $67.9M to $88.4M
        Mar 28, 2023 to Mar 26, 2024
      • HNW RAUM · $290M to $333M
        Mar 28, 2023 to Mar 26, 2024
      • Non-discretionary RAUM · $271M to $311M
        Mar 28, 2023 to Mar 26, 2024
      • Pooled vehicle RAUM · $48.3M to $66.6M
        Mar 28, 2023 to Mar 26, 2024
      • RAUM · $339M to $400M
        Mar 28, 2023 to Mar 26, 2024
      • Accounts · 26 to 19
        Mar 30, 2022 to Mar 28, 2023
      • HNW clients · 24 to 18
        Mar 30, 2022 to Mar 28, 2023
      • Discretionary RAUM · $121M to $67.9M
        Mar 30, 2022 to Mar 28, 2023
      • HNW RAUM · $366M to $290M
        Mar 30, 2022 to Mar 28, 2023
      • Non-discretionary RAUM · $335M to $271M
        Mar 30, 2022 to Mar 28, 2023
      • Pooled vehicle RAUM · $86.3M to $48.3M
        Mar 30, 2022 to Mar 28, 2023
      • RAUM · $456M to $339M
        Mar 30, 2022 to Mar 28, 2023
      • Non-discretionary RAUM · $308M to $335M
        Mar 30, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $128M to $86.3M
        Mar 30, 2021 to Mar 30, 2022
      • RAUM · $497M to $456M
        Mar 30, 2021 to Mar 30, 2022
      • Accounts · 25 to 26
        Mar 30, 2021 to Mar 30, 2022
      • HNW clients · 23 to 24
        Mar 30, 2021 to Mar 30, 2022
      • Discretionary RAUM · $189M to $121M
        Mar 30, 2021 to Mar 30, 2022
      • HNW RAUM · $367M to $366M
        Mar 30, 2021 to Mar 30, 2022
      • Accounts · 24 to 25
        Jun 29, 2020 to Mar 30, 2021
      Signals
      6 dated events
      • D•••• M••••••••• L•• reported RAUM $338.8M, down 26% from $455.7M (2022-03-30 to 2023-03-28)
        Mar 28, 2023 · RAUM change · derived
      • D•••• M••••••••• L•• reported RAUM $496.6M, up 84% from $269.2M (2020-06-29 to 2021-03-30)
        Mar 30, 2021 · RAUM change · derived
      • Nikhil Hingorani (Portfolio Manager) appeared on Schedule A of D•••• M••••••••• L••
        Mar 30, 2021 · Control person joined · fact
      • D•••• M••••••••• L•• reported RAUM $269.2M, down 49% from $531.8M (2020-03-27 to 2020-05-29)
        May 29, 2020 · RAUM change · derived
      • M•••••• N••• K•••• (Portfolio Manager) no longer on Schedule A of D•••• M••••••••• L•• (listed 2020-03-27, absent 2020-05-29)
        May 29, 2020 · Control person left · inference
      • M•••••• N••• K•••• (Portfolio Manager) appeared on Schedule A of D•••• M••••••••• L••
        Aug 7, 2019 · Control person joined · fact
      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
      Business phone
      212-904-0321reportedpublished by the firm, firm site, Sep 17, 2026
      Firm profile
      LINKEDIN.COM/COMPANY/D••••-MANAGEMENTreportedpublic record, Form ADV, Sep 18, 2026
      Website
      D••••LLC.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-904-0321reportedpublic record, Form ADV, Mar 19, 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026