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

P••••••••• P•••••••• L••

Former SEC-registered adviserGuilford, ConnecticutCRD 123546SEC 801-64500websiteIAPD
Latest filing Jun 18, 2025
First filing on the tape Mar 29, 2012 · 22 filings
SEC status approved since Jul 11, 2005
RAUM
$812M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
14
9 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
4
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$812M as of Jun 18, 2025
Mar 29, 2012$2.6B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 18, 2025
Mar 29, 20120 then
Employees (5.A)14 as of Jun 18, 2025
Apr 2, 201323 then
Private funds4 as of Jun 18, 2025
Mar 29, 20126 then
RAUM +13% over the last fiscal year+4.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 18, 2025; 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
unknownderivedHNW RAUM over HNW clients
Average account
$116MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
13%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
+13%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, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 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
  • Pooled investment vehicles$503M62%
  • Investment companies$202M25%
  • Insurance companies$68.0M8.4%
  • State and municipal entities$39.1M4.8%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
7reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
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
      Private funds
      6 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • G••••••••• J•••• D••••• · Managing Membercontrol
        since 04/1997 · owns 50% to 75%
      • K•••• J••••• A• · Portfolio Managercontrol
        since 05/2013 · owns less than 5%
      • L••••• S•••••• R•••• · Portfolio Managercontrol
        since 07/2020 · owns less than 5%
      • O•••••• K••••• R•••••• · Portfolio Managercontrol
        since 04/2003 · owns 25% to 50%
      • P•••••••• P••••• N••••••• · Chief Financial Officer, Chief Compliance Officercontrol
        since 06/1997 · owns less than 5%
      Related persons
      Schedule D 7.A
      Advisers that list P••••••••• P•••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Longboat Key, FL1 employees
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Advisory activities · 3 to 4
        Mar 6, 2025 to Jun 18, 2025
      • Financial planning clients · 0 to 0
        Mar 6, 2025 to Jun 18, 2025
      • Discretionary RAUM · $716M to $812M
        Mar 21, 2024 to Mar 6, 2025
      • Pooled vehicle RAUM · $461M to $503M
        Mar 21, 2024 to Mar 6, 2025
      • RAUM · $716M to $812M
        Mar 21, 2024 to Mar 6, 2025
      • Employees · 13 to 14
        Apr 24, 2023 to Mar 21, 2024
      • Discretionary RAUM · $689M to $716M
        Apr 24, 2023 to Mar 21, 2024
      • Pooled vehicle RAUM · $475M to $461M
        Apr 24, 2023 to Mar 21, 2024
      • RAUM · $689M to $716M
        Apr 24, 2023 to Mar 21, 2024
      • Discretionary RAUM · $672M to $689M
        Mar 22, 2023 to Apr 24, 2023
      • Pooled vehicle RAUM · $458M to $475M
        Mar 22, 2023 to Apr 24, 2023
      • RAUM · $672M to $689M
        Mar 22, 2023 to Apr 24, 2023
      • Discretionary RAUM · $714M to $672M
        May 26, 2022 to Mar 22, 2023
      • Pooled vehicle RAUM · $491M to $458M
        May 26, 2022 to Mar 22, 2023
      • RAUM · $714M to $672M
        May 26, 2022 to Mar 22, 2023
      • Accounts · 9 to 7
        Mar 10, 2022 to Mar 30, 2022
      • Pooled vehicle clients · 6 to 4
        Mar 10, 2022 to Mar 30, 2022
      • Employees · 14 to 13
        Mar 10, 2022 to Mar 30, 2022
      • Other offices · 0 to 2
        Mar 10, 2022 to Mar 30, 2022
      • Private funds · 5 to 4
        Mar 10, 2022 to Mar 30, 2022
      • Discretionary RAUM · $780M to $714M
        Mar 10, 2022 to Mar 30, 2022
      • Pooled vehicle RAUM · $593M to $491M
        Mar 10, 2022 to Mar 30, 2022
      • RAUM · $780M to $714M
        Mar 10, 2022 to Mar 30, 2022
      • Pooled vehicle clients · 7 to 6
        Mar 30, 2020 to Mar 31, 2021
      • Private funds · 6 to 5
        Mar 30, 2020 to Mar 31, 2021
      • Discretionary RAUM · $784M to $780M
        Mar 30, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $653M to $593M
        Mar 30, 2020 to Mar 31, 2021
      • RAUM · $784M to $780M
        Mar 30, 2020 to Mar 31, 2021
      • Discretionary RAUM · $805M to $784M
        Mar 29, 2019 to Mar 30, 2020
      • Pooled vehicle RAUM · $703M to $653M
        Mar 29, 2019 to Mar 30, 2020
      • RAUM · $805M to $784M
        Mar 29, 2019 to Mar 30, 2020
      • Discretionary RAUM · $796M to $805M
        Mar 28, 2018 to Mar 29, 2019
      • Pooled vehicle RAUM · $723M to $703M
        Mar 28, 2018 to Mar 29, 2019
      • RAUM · $796M to $805M
        Mar 28, 2018 to Mar 29, 2019
      • Pooled vehicle clients · unset to 7.0
        Mar 30, 2017 to Mar 28, 2018
      • Other offices · unset to 0.0
        Mar 30, 2017 to Mar 28, 2018
      • Discretionary RAUM · $765M to $796M
        Mar 30, 2017 to Mar 28, 2018
      • Pooled vehicle RAUM · unset to 722853000.0
        Mar 30, 2017 to Mar 28, 2018
      • RAUM · $765M to $796M
        Mar 30, 2017 to Mar 28, 2018
      • Assets in custody · 21170862.0 to unset
        Mar 30, 2016 to Mar 30, 2017
      Signals
      3 dated events
      • P••••••••• P•••••••• L•• no longer on the SEC adviser roster (last listed 2026-03-02, RAUM $811.7M)
        Apr 1, 2026 · Left the SEC roster · derived
      • S Kim Just (Chief Compliance Officer) no longer on Schedule A of P••••••••• P•••••••• L•• (listed 2022-03-30, absent 2022-05-26)
        May 26, 2022 · Control person left · inference
      • Roger Steven Labbe (Portfolio Manager) appeared on Schedule A of P••••••••• P•••••••• L••
        Mar 31, 2021 · Control person joined · fact
      Across DFX
      shared identifiers only, never a name match
      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