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

M••• S••••••••• F•••••••• S••••••••• M••••••••• C••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 124506SEC 801-62585websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 27, 2012 · 19 filings
SEC status approved since Jan 2, 2004
RAUM
$8.3M
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
6
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$8.3M as of Mar 31, 2026
Mar 27, 2012$273M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 27, 20120 then
Employees (5.A)6 as of Mar 31, 2026
Mar 28, 201329 then
Private funds2 as of Mar 31, 2026
Mar 27, 20122 then
RAUM -54% over the last fiscal year-46% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2026; 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
$4.2MderivedRAUM 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
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-54%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 pooled vehiclesreportedItem 5.G
Custody
$8.3M, 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)
  • 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
  • Pooled investment vehicles$8.3M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
2reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$8.3M for 2 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=3.0derived
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
      2 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • C•••••• G••••• · Directorcontrol
        since 08/2022 · owns less than 5%
      • F•••••••• S••• H••••• · Chief Financial Officer & Directorcontrol
        since 12/2019 · owns less than 5%
      • H••••• J••••• R•••• M••••• · Directorcontrol
        since 08/2022 · owns less than 5%
      • L••• B•••• · Chief Operating Officer, General Counsel, Chief Compliance Officercontrol
        since 08/2006 · owns less than 5%
      • S•••• M•••••• D•••••• · Chairman, Chief Executive Officer, Directorcontrol
        since 04/2002 · owns less than 5%
      • L••••• H•••• R•• · Membercontrol
        since 04/2002 · owns 50% to 75% of M••• S••• F•••••••• H•••••••• L••
      • S•••• M•••••• D•••••• · Membercontrol
        since 04/2002 · owns 50% to 75% of M••• S••• F•••••••• H•••••••• L••
      • S•••••••• S•••••• A••• · Membercontrol
        since 04/2002 · owns 75% or more of W••••••••• C•••••• P•••••••• L••
      Entity owners
      • M••• S••• F•••••••• H•••••••• L•• · Member
        direct · owns 25% to 50%
      • M•••••••• H••••••• ••••• I••• · Member
        direct · owns 25% to 50%
      • M••• S•••• I••• · Managing Member
        indirect · owns F of M••• S••• F•••••••• H•••••••• L••
      • M•••••••• C•••••••• H••••••• P•• L•••••• · Owner
        indirect · owns 75% or more of M•••••••• C•••••••• International Holdings Pty Ltd
      • M•••••••• C•••••••• I••••••••• H••••••• P•• L•••••• · Owner
        indirect · owns 75% or more of M•••••••• Group (US) Holdings No.1 Pty L••••••
      • M•••••••• E••••••• ••• H•••••• P•• L•••••• · Owner
        indirect · owns 75% or more of M•••••••• Holdings (USA) Inc.
      • M•••••••• F•••••••• H••••••• P•• L•••••• · Owner
        indirect · owns 75% or more of M•••••••• C•••••••• H••••••• P•• L••••••
      • M•••••••• G•••• ••• H••••••• N••• P•• L••• · Owner
        indirect · owns 75% or more of M•••••••• E••••••• (US) Holdings Pty L••••••
      • M•••••••• G•••• L•••••• · Owner
        indirect · owns 75% or more of M•••••••• F•••••••• H••••••• P•• L••••••
      • W••••••••• C•••••• P•••••••• L•• · Member
        direct · owns 10% to 25%
      Related persons
      Schedule D 7.A
      Advisers that list M••• S••••••••• F•••••••• S••••••••• M••••••••• C••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · $18.0M to $8.3M
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $18.0M to $8.3M
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $18.0M to $8.3M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $18.0M to $8.3M
        Mar 31, 2025 to Mar 31, 2026
      • Advisory employees · 1 to 3
        Jan 14, 2025 to Mar 31, 2025
      • BD registered reps · 4 to 3
        Jan 14, 2025 to Mar 31, 2025
      • Assets in custody · $22.0M to $18.0M
        Jan 14, 2025 to Mar 31, 2025
      • Employees · 7 to 6
        Jan 14, 2025 to Mar 31, 2025
      • Financial planning clients · unset to
        Jan 14, 2025 to Mar 31, 2025
      • Discretionary RAUM · $25.0M to $18.0M
        Jan 14, 2025 to Mar 31, 2025
      • Pooled vehicle RAUM · $25.0M to $18.0M
        Jan 14, 2025 to Mar 31, 2025
      • RAUM · $25.0M to $18.0M
        Jan 14, 2025 to Mar 31, 2025
      • Advisory employees · 3 to 1
        Jan 12, 2024 to Mar 28, 2024
      • Assets in custody · $52.7M to $22.0M
        Jan 12, 2024 to Mar 28, 2024
      • Discretionary RAUM · $52.7M to $25.0M
        Jan 12, 2024 to Mar 28, 2024
      • Pooled vehicle RAUM · $52.7M to $25.0M
        Jan 12, 2024 to Mar 28, 2024
      • RAUM · $52.7M to $25.0M
        Jan 12, 2024 to Mar 28, 2024
      • Assets in custody · $73.0M to $52.7M
        Oct 5, 2022 to Mar 30, 2023
      • Discretionary RAUM · $49.2M to $52.7M
        Oct 5, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $49.2M to $52.7M
        Oct 5, 2022 to Mar 30, 2023
      • RAUM · $49.2M to $52.7M
        Oct 5, 2022 to Mar 30, 2023
      • Discretionary RAUM · $73.0M to $49.2M
        Mar 30, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $73.0M to $49.2M
        Mar 30, 2021 to Mar 31, 2022
      • RAUM · $73.0M to $49.2M
        Mar 30, 2021 to Mar 31, 2022
      • BD registered reps · 6 to 4
        Mar 30, 2020 to Mar 30, 2021
      • Assets in custody · $75.2M to $73.0M
        Mar 30, 2020 to Mar 30, 2021
      • Employees · 9 to 7
        Mar 30, 2020 to Mar 30, 2021
      • Discretionary RAUM · $75.2M to $73.0M
        Mar 30, 2020 to Mar 30, 2021
      • Pooled vehicle RAUM · $75.2M to $73.0M
        Mar 30, 2020 to Mar 30, 2021
      • RAUM · $75.2M to $73.0M
        Mar 30, 2020 to Mar 30, 2021
      • Assets in custody · $93.7M to $75.2M
        Mar 29, 2019 to Mar 30, 2020
      • Discretionary RAUM · $68.2M to $75.2M
        Mar 29, 2019 to Mar 30, 2020
      • Pooled vehicle RAUM · $68.2M to $75.2M
        Mar 29, 2019 to Mar 30, 2020
      • RAUM · $68.2M to $75.2M
        Mar 29, 2019 to Mar 30, 2020
      • BD registered reps · 7 to 6
        Mar 30, 2018 to Mar 29, 2019
      • Employees · 14 to 9
        Mar 30, 2018 to Mar 29, 2019
      • Discretionary RAUM · $93.7M to $68.2M
        Mar 30, 2018 to Mar 29, 2019
      • Pooled vehicle RAUM · $93.7M to $68.2M
        Mar 30, 2018 to Mar 29, 2019
      • RAUM · $93.7M to $68.2M
        Mar 30, 2018 to Mar 29, 2019
      • Pooled vehicle clients · unset to 2.0
        Mar 31, 2017 to Mar 30, 2018
      Signals
      11 dated events
      • Royce Murray James Hooke (Director) appeared on Schedule A of M••• S••••••••• F•••••••• S••••••••• M••••••••• C••••••• L••
        Oct 5, 2022 · Control person joined · fact
      • Graeme Conway (Director) appeared on Schedule A of M••• S••••••••• F•••••••• S••••••••• M••••••••• C••••••• L••
        Oct 5, 2022 · Control person joined · fact
      • Jon Stephen Darke (Director) no longer on Schedule A of M••• S••••••••• F•••••••• S••••••••• M••••••••• C••••••• L•• (listed 2022-03-31, absent 2022-10-05)
        Oct 5, 2022 · Control person left · inference
      • See Mun Jenny Chan (Director) no longer on Schedule A of M••• S••••••••• F•••••••• S••••••••• M••••••••• C••••••• L•• (listed 2022-03-31, absent 2022-10-05)
        Oct 5, 2022 · Control person left · inference
      • Raul Narciso (Director) no longer on Schedule A of M••• S••••••••• F•••••••• S••••••••• M••••••••• C••••••• L•• (listed 2022-03-31, absent 2022-10-05)
        Oct 5, 2022 · Control person left · inference
      • Harris Sam Friedman (Chief Financial Officer) appeared on Schedule A of M••• S••••••••• F•••••••• S••••••••• M••••••••• C••••••• L••
        Mar 29, 2019 · Control person joined · fact
      • See Mun Jenny Chan (Director) appeared on Schedule A of M••• S••••••••• F•••••••• S••••••••• M••••••••• C••••••• L••
        Mar 29, 2019 · Control person joined · fact
      • Raul Narciso (Director) appeared on Schedule A of M••• S••••••••• F•••••••• S••••••••• M••••••••• C••••••• L••
        Mar 29, 2019 · Control person joined · fact
      • Matthew Philip Sivin (Chief Financial Officer, Senior Managing Director) no longer on Schedule A of M••• S••••••••• F•••••••• S••••••••• M••••••••• C••••••• L•• (listed 2018-03-30, absent 2019-03-29)
        Mar 29, 2019 · Control person left · inference
      • Bruce Peter Lucas (Director) no longer on Schedule A of M••• S••••••••• F•••••••• S••••••••• M••••••••• C••••••• L•• (listed 2018-03-30, absent 2019-03-29)
        Mar 29, 2019 · Control person left · inference
      • Michael Vitelli (Director) no longer on Schedule A of M••• S••••••••• F•••••••• S••••••••• M••••••••• C••••••• L•• (listed 2018-03-30, absent 2019-03-29)
        Mar 29, 2019 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/md-sassreportedpublic record, Form ADV, Sep 18, 2026
      Website
      MDS•••.COMreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-730-2000reportedpublic record, Form ADV, Mar 31, 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
      Asset manager (funds and pooled vehicles)deriveda 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