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•••• C•••••• A•••••••
Legal name P•••• C•••••• A••••••• L••
Latest filing Jun 7, 2024
First filing on the tape Mar 12, 2012 · 31 filings
RAUM
$9.5B
reported, Item 5.F
Discretionary
89%
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
10
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
$709M gross assets
History
31 filings and snapshots on the tape
RAUM$9.5B as of Mar 21, 2024
Mar 12, 2012$2.2B then
HNW client RAUM: $2.5M
State-registered IARs (5.B.3)0 as of Mar 21, 2024
Mar 12, 20120 then
Employees (5.A)10 as of Mar 21, 2024
Mar 6, 20134 then
Private funds1 as of Mar 21, 2024
Mar 16, 20152 then
RAUM +19% over the last fiscal year+18% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 7, 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
- unknownderivedHNW RAUM over HNW clients
- Average account
- $340MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 89%derivedof RAUM
- Institutional
- 80%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
- +19%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-based, otherreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
- Custody
- $708M, 1 clientsreportedItem 9.A
- Ownership
- controlled by a public reporting companyderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Sovereign wealth funds$5.3B64%
- State and municipal entities$1.4B16%
- Insurance companies$918M11%
- Pooled investment vehicles$754M9.0%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 28reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $708M for 1 clientsreported
- 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
3 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| P•••• M••••••• I••••••••• T••••• L••no longer reported | Other Private Fund | $901M | 25 | Jun 25, 2014 |
| P••• M••••• F•••• L•• | Other Private Fund | $709M | 44 | Mar 24, 2016 |
| P•••• C••• D••• F••• I• L••no longer reported | Other Private Fund | $0 | 3 | Jun 25, 2014 |
Owners and control persons
Schedule A and B, latest filing
- M••••• M•••• C•••••••• · Directorcontrolsince 11/2020 · owns less than 5%
- P••••• N••••• · Chief Investment Officer/Presidentcontrolsince 10/2012 · owns less than 5%
- T••••••••• J•••• · Chief Financial Officercontrolsince 02/2014 · owns less than 5%
- W••••• G••••••• A••• · Chief Executive Officer/Directorcontrolsince 12/2002 · owns less than 5%
- H•••• D•••••• · Chief Compliance Officer/General Counselsince 05/2017 · owns less than 5%
Entity owners
- B••• O•• R••• E••••• H••••••• L• · Memberdirect · owns 75% or more
- B••• O•• C•••••• G• H••••••• L•• · Memberindirect · owns 75% or more of B••• O•• C•••••• G• L••
- B••• O•• C•••••• G• L•• · General Partnerindirect · owns F of B••• O•• R••• E••••• H••••••• L•
- B••• O•• C•••••• H••••••• L• · Limited Partnerindirect · owns F of B••• O•• R••• E••••• H••••••• L•
- B••• O•• C•••••• I••• · Memberindirect · owns 75% or more of B••• O•• C•••••• G• H••••••• L•• · public reporting company
- N••• A••••••••• L•• · Memberindirect · owns F of N••• B••• I••••••••• L••
- N••• B••• I••••••••• L•• · Limited Partnerindirect · owns 25% to 50% of B••• O•• C•••••• H••••••• L•
Related persons
Schedule D 7.A
- P•••• E••••• L••investment advisery
Advisers that list P•••• C•••••• A••••••• as a related person
- 29722 n
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 27 to 28Oct 20, 2023 to Mar 21, 2024
- Advisory activities · 3 to 2Oct 20, 2023 to Mar 21, 2024
- Pooled vehicle clients · 2 to 3Oct 20, 2023 to Mar 21, 2024
- Assets in custody · $568M to $708MOct 20, 2023 to Mar 21, 2024
- Employees · 9 to 10Oct 20, 2023 to Mar 21, 2024
- Discretionary RAUM · $7.1B to $8.5BOct 20, 2023 to Mar 21, 2024
- Non-discretionary RAUM · $883M to $1.0BOct 20, 2023 to Mar 21, 2024
- Pooled vehicle RAUM · $584M to $754MOct 20, 2023 to Mar 21, 2024
- RAUM · $8.0B to $9.5BOct 20, 2023 to Mar 21, 2024
- Advisory employees · 5 to 7Apr 27, 2023 to Oct 20, 2023
- Pooled vehicle clients · 1 to 2Apr 27, 2023 to Oct 20, 2023
- Employees · 7 to 9Apr 27, 2023 to Oct 20, 2023
- Pooled vehicle RAUM · $568M to $584MApr 27, 2023 to Oct 20, 2023
- HNW RAUM · 2493750.0 to unsetMar 28, 2023 to Apr 26, 2023
- Accounts · 23 to 27Oct 18, 2022 to Mar 28, 2023
- Advisory activities · 2 to 3Oct 18, 2022 to Mar 28, 2023
- Assets in custody · $595M to $568MOct 18, 2022 to Mar 28, 2023
- Financial planning clients · unset to 0Oct 18, 2022 to Mar 28, 2023
- Discretionary RAUM · $5.7B to $7.1BOct 18, 2022 to Mar 28, 2023
- HNW RAUM · unset to 2493750.0Oct 18, 2022 to Mar 28, 2023
- Non-discretionary RAUM · $1.0B to $883MOct 18, 2022 to Mar 28, 2023
- Pooled vehicle RAUM · $924M to $568MOct 18, 2022 to Mar 28, 2023
- RAUM · $6.8B to $8.0BOct 18, 2022 to Mar 28, 2023
- Assets in custody · $924M to $595MApr 20, 2022 to Oct 18, 2022
- Business name · P•••• C•••••• A••••••• L•• to P•••• C•••••• A•••••••Mar 29, 2022 to Apr 20, 2022
- Accounts · 24 to 23Mar 29, 2021 to Mar 29, 2022
- Advisory employees · 4 to 5Mar 29, 2021 to Mar 29, 2022
- Assets in custody · $938M to $924MMar 29, 2021 to Mar 29, 2022
- Employees · 6 to 7Mar 29, 2021 to Mar 29, 2022
- Discretionary RAUM · $4.9B to $5.7BMar 29, 2021 to Mar 29, 2022
- Non-discretionary RAUM · $994M to $1.0BMar 29, 2021 to Mar 29, 2022
- Pooled vehicle RAUM · $939M to $924MMar 29, 2021 to Mar 29, 2022
- RAUM · $5.9B to $6.8BMar 29, 2021 to Mar 29, 2022
- Accounts · 20 to 24Mar 27, 2020 to Mar 29, 2021
- Advisory activities · 3 to 2Mar 27, 2020 to Mar 29, 2021
- Assets in custody · $884M to $938MMar 27, 2020 to Mar 29, 2021
- Discretionary RAUM · $4.2B to $4.9BMar 27, 2020 to Mar 29, 2021
- Non-discretionary RAUM · $749M to $994MMar 27, 2020 to Mar 29, 2021
- Pooled vehicle RAUM · $885M to $939MMar 27, 2020 to Mar 29, 2021
- RAUM · $5.0B to $5.9BMar 27, 2020 to Mar 29, 2021
Signals
9 dated events
- Dawson James Carey (Managing Member) no longer on Schedule A of P•••• C•••••• A••••••• (listed 2023-10-20, absent 2024-03-21)Mar 21, 2024 · Control person left · inference
- Jay David Wermuth (Managing Member) no longer on Schedule A of P•••• C•••••• A••••••• (listed 2023-10-20, absent 2024-03-21)Mar 21, 2024 · Control person left · inference
- David Nicolas Zerbib (Managing Member) no longer on Schedule A of P•••• C•••••• A••••••• (listed 2023-10-20, absent 2024-03-21)Mar 21, 2024 · Control person left · inference
- Arthur Charles Davis (Managing Member) no longer on Schedule A of P•••• C•••••• A••••••• (listed 2023-10-20, absent 2024-03-21)Mar 21, 2024 · Control person left · inference
- Nmn Stephen Friedman (Managing Member) no longer on Schedule A of P•••• C•••••• A••••••• (listed 2023-10-20, absent 2024-03-21)Mar 21, 2024 · Control person left · inference
- Shujaat Agha Khan (Director) no longer on Schedule A of P•••• C•••••• A••••••• (listed 2020-03-27, absent 2021-03-29)Mar 29, 2021 · Control person left · inference
- Catherine Mary Manin (Director) appeared on Schedule A of P•••• C•••••• A•••••••Mar 29, 2021 · Control person joined · fact
- Nmn Stephen Friedman (Managing Member) appeared on Schedule A of P•••• C•••••• A•••••••Mar 29, 2021 · Control person joined · fact
- Kenneth Steven Copulsky (Member//Director) no longer on Schedule A of P•••• C•••••• A••••••• (listed 2018-03-29, absent 2019-03-27)Mar 27, 2019 · Control person left · inference
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