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

P••••••• M••••••••• L••

Independent wealth managerNew York, New YorkCRD 127269SEC 801-63460websiteIAPD
Latest filing May 28, 2026
First filing on the tape Mar 30, 2012 · 36 filings
SEC status approved since Aug 27, 2004
RAUM
$175M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
84%
$148M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$43.8M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
1
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$175M as of May 28, 2026
Mar 30, 2012$126M then
HNW client RAUM$139M as of May 28, 2026
Mar 31, 2018$77.1M then
State-registered IARs (5.B.3)4 as of May 28, 2026
Mar 30, 20120 then
Employees (5.A)4 as of May 28, 2026
Mar 28, 20135 then
Private funds1 as of May 28, 2026
Mar 30, 20121 then
RAUM +3.3% over the last fiscal year+6.2% a year over threeIARs 4 to 4offices 1 to 2
Practice profile
derived from the filing of May 28, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • ria with p•••••• funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
RAUM per advisor
$43.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
19derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.7MderivedHNW RAUM over HNW clients
Average account
$1.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
7.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+3.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-3.9%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, 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)
  • 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
  • High-net-worth individuals$139M79%
  • Charitable organizations$9.6M5.5%
  • Pooled investment vehicles$9.3M5.3%
  • Individuals$9.0M5.1%
  • Corporations and businesses$4.8M2.7%
  • Pension and profit-sharing plans$4.1M2.4%
Individual clients
37reported
HNW clients
37reported
Pension plan clients
1reported
Charitable clients
3reported
Accounts
168reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.84 fund_share=0.05 institutional_share=0.08 related_bd=false related_bank=false bd_reps=3.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
R••••• S•••••• A•••••••Chartered Financial AnalystNew York, Ny Jan 4, 200740 y0
B•••••• A•• D•••••••••Certified Financial PlannerWest Windsor, Nj Aug 23, 202136 y0
B•••••• H••• C••••••Chartered Financial AnalystNew York, NyAug 23, 202146 y0
C••••••••• D•••••••••West Windsor, Nj Jan 10, 202214 y0
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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      A•••• P•••••••• L•••Hedge Fund$8.0M14Mar 30, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • A•••••••• R•••••• S•••••• · Managing Membercontrol
        since 04/2003 · owns 50% to 75%
      • D••••••••• B•••••• A•• · Managing Member, Chief Compliance Officercontrol
        since 04/2003 · owns 25% to 50%
      Related persons
      Schedule D 7.A
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      New York, Ny · principal400
      West Windsor, Nj200
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 175 to 168
        Dec 11, 2025 to Feb 11, 2026
      • HNW clients · 38 to 37
        Dec 11, 2025 to Feb 11, 2026
      • Individual clients · 39 to 37
        Dec 11, 2025 to Feb 11, 2026
      • Discretionary RAUM · $170M to $175M
        Dec 11, 2025 to Feb 11, 2026
      • HNW RAUM · $137M to $139M
        Dec 11, 2025 to Feb 11, 2026
      • Individual RAUM · $8.7M to $9.0M
        Dec 11, 2025 to Feb 11, 2026
      • Pension RAUM · $3.9M to $4.1M
        Dec 11, 2025 to Feb 11, 2026
      • Pooled vehicle RAUM · $7.7M to $9.3M
        Dec 11, 2025 to Feb 11, 2026
      • RAUM · $170M to $175M
        Dec 11, 2025 to Feb 11, 2026
      • Other offices · 0 to 2
        Jun 17, 2025 to Oct 8, 2025
      • Financial planning clients · 1-10 to 1-10
        Jan 31, 2025 to Jun 17, 2025
      • Other offices · 1 to 0
        Jan 31, 2025 to Jun 17, 2025
      • Accounts · 182 to 175
        Feb 9, 2024 to Jan 31, 2025
      • Charity clients · unset to 3.0
        Feb 9, 2024 to Jan 31, 2025
      • Corporate clients · unset to 2.0
        Feb 9, 2024 to Jan 31, 2025
      • HNW clients · 46 to 38
        Feb 9, 2024 to Jan 31, 2025
      • Pension plan clients · unset to 1.0
        Feb 9, 2024 to Jan 31, 2025
      • Discretionary RAUM · $175M to $170M
        Feb 9, 2024 to Jan 31, 2025
      • HNW RAUM · $144M to $137M
        Feb 9, 2024 to Jan 31, 2025
      • Individual RAUM · $8.0M to $8.7M
        Feb 9, 2024 to Jan 31, 2025
      • Pension RAUM · $3.5M to $3.9M
        Feb 9, 2024 to Jan 31, 2025
      • Pooled vehicle RAUM · $8.0M to $7.7M
        Feb 9, 2024 to Jan 31, 2025
      • RAUM · $175M to $170M
        Feb 9, 2024 to Jan 31, 2025
      • Accounts · 188 to 182
        Jan 3, 2024 to Feb 9, 2024
      • HNW clients · 42 to 46
        Jan 3, 2024 to Feb 9, 2024
      • Individual clients · 44 to 39
        Jan 3, 2024 to Feb 9, 2024
      • Financial planning clients · 0 to 1-10
        Jan 3, 2024 to Feb 9, 2024
      • Discretionary RAUM · $146M to $175M
        Jan 3, 2024 to Feb 9, 2024
      • HNW RAUM · $112M to $144M
        Jan 3, 2024 to Feb 9, 2024
      • Individual RAUM · $8.7M to $8.0M
        Jan 3, 2024 to Feb 9, 2024
      • Pension RAUM · $7.7M to $3.5M
        Jan 3, 2024 to Feb 9, 2024
      • Pooled vehicle RAUM · $7.9M to $8.0M
        Jan 3, 2024 to Feb 9, 2024
      • RAUM · $146M to $175M
        Jan 3, 2024 to Feb 9, 2024
      • Advisory activities · 3 to 5
        Apr 21, 2023 to Jan 3, 2024
      • Financial planning clients · unset to 0
        Apr 21, 2023 to Jan 3, 2024
      • Other offices · 0 to 1
        Apr 21, 2023 to Jan 3, 2024
      • Accounts · 191 to 188
        Nov 1, 2022 to Mar 10, 2023
      • HNW clients · 45 to 42
        Nov 1, 2022 to Mar 10, 2023
      • Individual clients · 49 to 44
        Nov 1, 2022 to Mar 10, 2023
      • Discretionary RAUM · $182M to $146M
        Nov 1, 2022 to Mar 10, 2023
      Signals
      1 dated events
      • Moss Ralph Kaplan (Managing Member) no longer on Schedule A of P••••••• M••••••••• L•• (listed 2018-05-04, absent 2019-02-04)
        Feb 4, 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.
      How to reach
      public business contact points only, each with its source
      Business phone
      212-792-6952reportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      212-350-7201reportedpublished by the firm, firm site, Sep 16, 2026
      Website
      p•••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      212-792-6952reportedpublic record, Form ADV, May 28, 2026
      Team page
      p•••••••••.comreportedpublished by the firm, firm site, Sep 16, 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
      Independent wealth managerderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $43.8Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026