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

B••• V•••• C••••••• L••

Asset manager (funds and pooled vehicles)Chicago, IllinoisCRD 127001SEC 801-74382websiteIAPD
Latest filing May 20, 2026
First filing on the tape Feb 21, 2012 · 33 filings
SEC status approved since Mar 13, 2012
RAUM
$1.9B
reported, Item 5.F
Discretionary
82%
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
60
40 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
21
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$1.9B as of May 20, 2026
Apr 1, 2013$3.1B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of May 20, 2026
Apr 1, 20130 then
Employees (5.A)60 as of May 20, 2026
Apr 1, 201331 then
Private funds21 as of May 20, 2026
Apr 1, 20133 then
RAUM +0.0% over the last fiscal year-6.2% a year over threeIARs 0 to 0
Practice profile
derived from the filing of May 20, 2026; every figure names its basis
Archetypes, each a printed rule
  • Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
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
$90.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
82%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
+0.0%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
yesreportedItem 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
  • is a broker-dealer (6.A.1)
  • 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.9B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
21reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=7.0derived
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
      31 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      B••• V•••• R••• E••••• P••••••• V• L•••Real Estate Fund$442M115Apr 26, 2019
      B••• V•••• S•••••• H•••••• S••••• S••••••••• F•••• L•••Real Estate Fund$263M10Dec 22, 2016
      U•• C•••••• A••••••••• L••Real Estate Fund$199M2Mar 30, 2018
      B••• V•••• R••• E••••• P••••••• I•• L•••Real Estate Fund$183M66Dec 22, 2016
      B••• A••••••• A••••••••• G•••• I•• L••Real Estate Fund$133M2Mar 31, 2014
      B••• V•••• R••• E••••• P••••••• V••• L••Real Estate Fund$87.6M115Oct 24, 2024
      B••• V•••• F••••••• L•••Real Estate Fund$79.6M3Dec 22, 2016
      B••• V•••• R••• E••••• P••••••• V•• L•••Real Estate Fund$75.4M22Mar 29, 2024
      B••• V•••• R••• E••••• P••••••• V• •••• L•••Real Estate Fund$75.4M22Oct 24, 2024
      B••• V•••• C••• S••••• F•••• L•Real Estate Fund$64.0M1Apr 27, 2023
      B••• V•••• S•••••• H•••••• F••• I••• L•••Real Estate Fund$63.9M5Mar 30, 2021
      B•••••• B••••• C••• L•••Real Estate Fund$54.5M2Apr 26, 2019
      B••• V•••• S•••••• E••••• F••• I••• L••no longer reportedReal Estate Fund$48.6M9Feb 21, 2012
      A• O• G••••••••• L••Real Estate Fund$39.4M40Mar 31, 2022
      B••• V•••• S•••••• H•••••• F••• I••••• L••Real Estate Fund$36.9M5Oct 24, 2024
      B••• V•••• R••• E••••• P••••••• I• •••• L•••Real Estate Fund$25.6M66Oct 24, 2024
      B•••••• P• M•••••• L•Real Estate Fund$25.6M3Oct 24, 2024
      B•••••• S•••••• C••• L•••Real Estate Fund$20.9M2Mar 30, 2021
      B••• V•••• R••• E••••• P••••••• V• •••• L•••Real Estate Fund$15.4M115Oct 24, 2024
      B••• V•••• A••••••••• F•••• L•••Real Estate Fund$12.2M7Mar 29, 2024
      B• M••••• O• G••••••••• L••Real Estate Fund$1.2M2Oct 24, 2024
      B••• V•••• S•••••• E••••• F••• I••• L•••Real Estate Fund$825,07615Mar 31, 2014
      B••• V•••• S•••••• E••••• F••• I•• L••no longer reportedReal Estate Fund$414,54923Sep 4, 2012
      B••• V•••• S•••••• E••••• F••• I•• •••• L•••Real Estate Fund$214,8503Sep 4, 2013
      B••• V•••• S•••••• E••••• F•••• L••no longer reportedReal Estate Fund$147,95032Feb 21, 2012
      B••• A••••••• A••••••••• G••••• L••no longer reportedReal Estate Fund$131,6852Mar 31, 2014
      B••• V•••• S•••••• E••••• F••• I•• O•••••••• L•••Real Estate Fund$59,6533Sep 4, 2013
      B•••• I• P•• R•••• L••no longer reportedReal Estate Fund$38,9368Sep 4, 2013
      B•••• I• P•• N•••••••• L••no longer reportedReal Estate Fund$38,9361Sep 4, 2013
      B•••••• S••••••• C••• L•Real Estate Fund$2,0182Apr 26, 2019
      B•••••• R•••••• C••• L•no longer reportedReal Estate Fund$02Apr 26, 2019
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• R••••• G••••• · Managing Principalcontrol
        since 03/2003 · owns less than 5%
      • S••••••• P•••• · Managing Principal, Ceo And Ccocontrol
        since 03/2003 · owns less than 5%
      • B••••• R••••• G••••• · Trusteecontrol
        since 03/1998 · owns F of R••••• G• B•••• R•••••••• T••••• D•••• M•••• 2•• 1•••
      • S••••••• P•••• · Trusteecontrol
        since 03/1998 · owns F of P•••• S•••••• R•••••••• T••••• D•••• M•••• 1•• 1•••
      Entity owners
      • P•••• S•••••• R•••••••• T••••• D•••• M•••• 1•• 1••• · Owner
        direct · owns 50% to 75%
      • R••••• G• B•••• R•••••••• T••••• D•••• M•••• 2•• 1••• · Owner
        direct · owns 50% to 75%
      Related persons
      Schedule D 7.A
      • B••• A••••••• M•••••••• L••
        investment adviserpooled vehicle sponsorn
      • B••• V•••• A••••••••• M••••••• L••
        investment adviserpooled vehicle sponsorn
      • B••• V•••• C•••••• M••••••••• L••
        investment advisern
      • B••• V•••• C•••••• P•••••••• L••
        investment companyn
      • B••• V•••• C••• S••••• M•••••••• L••
        investment adviserpooled vehicle sponsorn
      • B••• V•••• F•••••• M•••••••• L••
        investment adviserpooled vehicle sponsorn
      • B••• V•••• M••••••• I••• L••
        investment adviserpooled vehicle sponsorn
      • B••• V•••• M••••••• I•• L••
        investment adviserpooled vehicle sponsorn
      • B••• V•••• M••••••• V• L••
        investment adviserpooled vehicle sponsorn
      • B••• V•••• M••••••• V•• L••
        investment adviserpooled vehicle sponsorn
      • B••• V•••• S•••••• H•••••• M••••••• I••• L••
        investment adviserpooled vehicle sponsorn
      • B••• V•••• S•••••• H•••••• S••••• S••••••••• M••••••• L••
        investment adviserpooled vehicle sponsorn
      • B• O• G••••••••• M••••••• L••
        investment adviserpooled vehicle sponsorn
      • B•••••• B••••• C•• G•• L••
        investment adviserpooled vehicle sponsorn
      • B•••••• G• L••
        investment adviserpooled vehicle sponsorn
      • B•••••• S•••••• C•• G•• L••
        investment adviserpooled vehicle sponsorn
      • S•••••• N••••••• I•• L••
        real estaten
      • U••••••••• C••••• M••••••• L••
        investment adviserpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • institutional asset share shiftChange between filings · filing Mar 30, 2026
        institutional share of RAUM moved from 15.0% to 0.0% between the annual amendments of 2025-03-31 and 2026-03-30
        peers: ASSET_M••••••, $1B to $5B (1,506)
      What changed
      consecutive filings, newest first
      • Advisory employees · 35 to 40
        Dec 26, 2025 to Mar 30, 2026
      • BD registered reps · 6 to 7
        Dec 26, 2025 to Mar 30, 2026
      • Discretionary RAUM · $1.6B to $1.6B
        Dec 26, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $0 to $333M
        Dec 26, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $1.6B to $1.9B
        Dec 26, 2025 to Mar 30, 2026
      • RAUM · $1.6B to $1.9B
        Dec 26, 2025 to Mar 30, 2026
      • Accounts · 19 to 21
        May 12, 2025 to Dec 26, 2025
      • Advisory activities · 2 to 1
        May 12, 2025 to Dec 26, 2025
      • Pooled vehicle clients · 17 to 21
        May 12, 2025 to Dec 26, 2025
      • Private funds · 17 to 21
        May 12, 2025 to Dec 26, 2025
      • Discretionary RAUM · $1.8B to $1.6B
        May 12, 2025 to Dec 26, 2025
      • Non-discretionary RAUM · $85.8M to $0
        May 12, 2025 to Dec 26, 2025
      • Pooled vehicle RAUM · $1.6B to $1.6B
        May 12, 2025 to Dec 26, 2025
      • RAUM · $1.9B to $1.6B
        May 12, 2025 to Dec 26, 2025
      • Financial planning clients · unset to
        Mar 31, 2025 to May 12, 2025
      • Private funds · 23 to 17
        Oct 24, 2024 to Mar 31, 2025
      • Accounts · 17 to 19
        Oct 24, 2024 to Mar 31, 2025
      • Advisory employees · 40 to 35
        Oct 24, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 11 to 17
        Oct 24, 2024 to Mar 31, 2025
      • Assets in custody · unset to 0.0
        Oct 24, 2024 to Mar 31, 2025
      • Custody of client assets · false to true
        Oct 24, 2024 to Mar 31, 2025
      • Discretionary RAUM · $1.8B to $1.8B
        Oct 24, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $671M to $85.8M
        Oct 24, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $1.4B to $1.6B
        Oct 24, 2024 to Mar 31, 2025
      • RAUM · $2.5B to $1.9B
        Oct 24, 2024 to Mar 31, 2025
      • Private funds · 16 to 23
        Mar 29, 2024 to Oct 24, 2024
      • Advisory employees · 50 to 40
        Apr 27, 2023 to Mar 29, 2024
      • Pooled vehicle clients · 10 to 11
        Apr 27, 2023 to Mar 29, 2024
      • Employees · 70 to 60
        Apr 27, 2023 to Mar 29, 2024
      • Private funds · 15 to 16
        Apr 27, 2023 to Mar 29, 2024
      • Discretionary RAUM · $1.8B to $1.8B
        Apr 27, 2023 to Mar 29, 2024
      • Non-discretionary RAUM · $687M to $671M
        Apr 27, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $1.4B to $1.4B
        Apr 27, 2023 to Mar 29, 2024
      • RAUM · $2.5B to $2.5B
        Apr 27, 2023 to Mar 29, 2024
      • Accounts · 16 to 17
        Mar 30, 2023 to Apr 27, 2023
      • Pooled vehicle clients · 9 to 10
        Mar 30, 2023 to Apr 27, 2023
      • Private funds · 14 to 15
        Mar 30, 2023 to Apr 27, 2023
      • Discretionary RAUM · $1.7B to $1.8B
        Mar 30, 2023 to Apr 27, 2023
      • Non-discretionary RAUM · $592M to $687M
        Mar 30, 2023 to Apr 27, 2023
      • Pooled vehicle RAUM · $1.4B to $1.4B
        Mar 30, 2023 to Apr 27, 2023
      Signals
      No event on the tape.
      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
      Firm profile
      H•••S://WWW.LINKEDIN.COM/COMPANY/1285911reportedpublic record, Form ADV, Sep 18, 2026
      Website
      H•••••••••reportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      312-578-0033reportedpublic record, Form ADV, May 20, 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
      Across the graphs

      B••• V•••• C••••••• L•• is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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