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 adviserCRD 125772SEC 801-68091IAPD
Latest filing Nov 4, 2020
First filing on the tape Mar 8, 2012 · 19 filings
RAUM
$23.5M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
91%
$21.5M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$23.5M
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$76.5M as of Feb 21, 2020
Mar 8, 2012$57.4M then
HNW client RAUM$12.7M as of Feb 21, 2020
Mar 23, 2018$8.2M then
State-registered IARs (5.B.3)1 as of Feb 21, 2020
Mar 8, 20120 then
Employees (5.A)3 as of Feb 21, 2020
Mar 11, 20134 then
Private funds: no history
RAUM -75% over the last fiscal year-51% a year over threeIARs 0 to 1
Practice profile
derived from the filing of Nov 4, 2020; every figure names its basis
RAUM per advisor
$23.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
22derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.3MderivedHNW RAUM over HNW clients
Average account
$979,167derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
8.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 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
+20%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, pension consultingreportedItem 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)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$17.5M74%
  • Individuals$4.0M17%
  • Pension and profit-sharing plans$1.0M4.3%
  • Charitable organizations$1.0M4.3%
Individual clients
9reported
HNW clients
13reported
Pension plan clients
1reported
Charitable clients
1reported
Accounts
24reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
E••••• M•••••• D••••••Certified Financial PlannerSan Juan, PrFeb 19, 202139 y1
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • D••••••• E•••••• M•••••• · Managing Member/Chief Compliance Officercontrol
        since 07/1999 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 33 to 24
        Oct 16, 2020 to Nov 4, 2020
      • Advisory employees · 2 to 1
        Oct 16, 2020 to Nov 4, 2020
      • Advisory activities · 4 to 2
        Oct 16, 2020 to Nov 4, 2020
      • HNW clients · 10 to 13
        Oct 16, 2020 to Nov 4, 2020
      • Individual clients · 8 to 9
        Oct 16, 2020 to Nov 4, 2020
      • Employees · 3 to 1
        Oct 16, 2020 to Nov 4, 2020
      • Discretionary RAUM · $76.5M to $23.5M
        Oct 16, 2020 to Nov 4, 2020
      • HNW RAUM · $12.7M to $17.5M
        Oct 16, 2020 to Nov 4, 2020
      • Individual RAUM · $3.1M to $4.0M
        Oct 16, 2020 to Nov 4, 2020
      • Pension RAUM · $1.2M to $1.0M
        Oct 16, 2020 to Nov 4, 2020
      • RAUM · $76.5M to $23.5M
        Oct 16, 2020 to Nov 4, 2020
      • Other offices · 1 to 0
        Mar 26, 2020 to Jun 29, 2020
      • HNW clients · 9 to 10
        Jan 2, 2020 to Feb 21, 2020
      • Individual clients · 6 to 8
        Jan 2, 2020 to Feb 21, 2020
      • Pension plan clients · 2 to 1
        Jan 2, 2020 to Feb 21, 2020
      • Discretionary RAUM · $94.9M to $76.5M
        Jan 2, 2020 to Feb 21, 2020
      • HNW RAUM · $8.7M to $12.7M
        Jan 2, 2020 to Feb 21, 2020
      • Individual RAUM · $2.6M to $3.1M
        Jan 2, 2020 to Feb 21, 2020
      • Pension RAUM · $1.5M to $1.2M
        Jan 2, 2020 to Feb 21, 2020
      • RAUM · $94.9M to $76.5M
        Jan 2, 2020 to Feb 21, 2020
      • Succession · true to false
        Jan 2, 2020 to Feb 21, 2020
      • HQ city · NEW YORK to unset
        Aug 28, 2019 to Jan 2, 2020
      • HQ state · NY to unset
        Aug 28, 2019 to Jan 2, 2020
      • Other offices · 0 to 1
        Aug 28, 2019 to Jan 2, 2020
      • Succession · false to true
        Aug 28, 2019 to Jan 2, 2020
      • Employees · 4 to 3
        Mar 11, 2019 to Aug 28, 2019
      • State-registered IARs · 0 to 1
        Mar 11, 2019 to Aug 28, 2019
      • Accounts · 35 to 33
        Mar 23, 2018 to Mar 11, 2019
      • Advisory employees · 3 to 2
        Mar 23, 2018 to Mar 11, 2019
      • Pension plan clients · 3 to 2
        Mar 23, 2018 to Mar 11, 2019
      • Employees · 5 to 4
        Mar 23, 2018 to Mar 11, 2019
      • Discretionary RAUM · $133M to $94.9M
        Mar 23, 2018 to Mar 11, 2019
      • HNW RAUM · $8.2M to $8.7M
        Mar 23, 2018 to Mar 11, 2019
      • Individual RAUM · $3.0M to $2.6M
        Mar 23, 2018 to Mar 11, 2019
      • Pension RAUM · $3.1M to $1.5M
        Mar 23, 2018 to Mar 11, 2019
      • RAUM · $133M to $94.9M
        Mar 23, 2018 to Mar 11, 2019
      • Accounts · 40 to 35
        Mar 31, 2017 to Mar 23, 2018
      • Charity clients · unset to 1.0
        Mar 31, 2017 to Mar 23, 2018
      • Corporate clients · unset to 0.0
        Mar 31, 2017 to Mar 23, 2018
      • HNW clients · unset to 9.0
        Mar 31, 2017 to Mar 23, 2018
      Signals
      6 dated events
      • Albert Michael Gayed (Member) no longer on Schedule A of P•••••• P•••••••• L•• (listed 2020-10-16, absent 2020-11-04)
        Nov 4, 2020 · Control person left · inference
      • Lee Christopher Payne (Chief Compliance Officer) no longer on Schedule A of P•••••• P•••••••• L•• (listed 2020-03-26, absent 2020-06-29)
        Jun 29, 2020 · Control person left · inference
      • P•••••• P•••••••• L•• reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Jan 2, 2020 · Succession (Item 4) · fact
      • Charles Bryan Haft (Chief Compliance Officer) no longer on Schedule A of P•••••• P•••••••• L•• (listed 2019-03-11, absent 2019-08-28)
        Aug 28, 2019 · Control person left · inference
      • Lee Christopher Payne (Chief Compliance Officer) appeared on Schedule A of P•••••• P•••••••• L••
        Aug 28, 2019 · Control person joined · fact
      • Charles Bryan Haft (Chief Compliance Officer) appeared on Schedule A of P•••••• P•••••••• L••
        Mar 11, 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.
      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
      $23.5Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026