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

S••••••••• G••••• A•••••••• L•

Asset manager (funds and pooled vehicles)Stamford, ConnecticutCRD 127447SEC 801-62151websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 29, 2012 · 31 filings
SEC status approved since Jun 18, 2003
RAUM
$17B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
1.2%
$193M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
33
18 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$17B as of Mar 30, 2026
Mar 29, 2012$2.7B then
HNW client RAUM$39.3M as of Mar 30, 2026
Mar 28, 2018$40.1M then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 29, 20120 then
Employees (5.A)33 as of Mar 30, 2026
Mar 27, 201315 then
Private funds: no history
RAUM -25% over the last fiscal year-3.3% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 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
$3.9MderivedHNW RAUM over HNW clients
Average account
$252MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
7.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
-25%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
-16%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$9.5B57%
  • Pooled investment vehicles$5.5B33%
  • Charitable organizations$527M3.2%
  • Pension and profit-sharing plans$497M3.0%
  • Individuals$153M0.9%
  • Corporations and businesses$151M0.9%
  • Insurance companies$128M0.8%
  • Sovereign wealth funds$97.6M0.6%
  • High-net-worth individuals$39.3M0.2%
  • State and municipal entities$38.3M0.2%
Individual clients
160reported
HNW clients
10reported
Pension plan clients
7reported
Charitable clients
2reported
Accounts
66reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $153M managedreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.01 fund_share=0.9 institutional_share=0.08 related_bd=true related_bank=true bd_reps=0.0derived
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
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • C•••••••• D•••••• C••• · Chief Compliance Officercontrol
        since 11/2015 · owns less than 5%
      • G••••• H••••••••• · Principal & Executive Committee Membercontrol
        since 07/2024 · owns less than 5%
      • R••• K••••••• D• · Principal & Executive Committee Membercontrol
        since 07/2023 · owns less than 5%
      • R•••• R•••••• L••••••• · Principal & Executive Committee Membercontrol
        since 11/2003 · owns less than 5%
      • S•••••••• P••••• J••••• · Chief Operating Officercontrol
        since 02/2014 · owns less than 5%
      Entity owners
      • S•••• L•• · General Partner
        direct · owns less than 5%
      • V••••• P•••••••• I••• · Shareholder
        direct · owns 50% to 75% · public reporting company
      • V••••• I••••••••• P•••••••• I••• · Sole Shareholder
        indirect · owns 75% or more of V••••• P•••••••• I••• · public reporting company
      Related persons
      Schedule D 7.A
      Advisers that list S••••••••• G••••• A•••••••• L• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • London, United Kingdom1 employees
      • Sydney, Australia1 employees
      ADV anomalies
      0 against comparable advisers; where to look, not conclusions
      Nothing stands out against peers.
        Data quality: total accounts (5.F.2.f) is below the private client count (5.D) by half or more on the filing of 2026-03-30
        What changed
        consecutive filings, newest first
        • Accounts · 83 to 66
          Jul 24, 2025 to Mar 30, 2026
        • Advisory employees · 17 to 18
          Jul 24, 2025 to Mar 30, 2026
        • Charity clients · 4 to 2
          Jul 24, 2025 to Mar 30, 2026
        • Corporate clients · 13 to 15
          Jul 24, 2025 to Mar 30, 2026
        • HNW clients · 11 to 10
          Jul 24, 2025 to Mar 30, 2026
        • Individual clients · 192 to 160
          Jul 24, 2025 to Mar 30, 2026
        • Pension plan clients · 17 to 7
          Jul 24, 2025 to Mar 30, 2026
        • Pooled vehicle clients · 18 to 12
          Jul 24, 2025 to Mar 30, 2026
        • Employees · 34 to 33
          Jul 24, 2025 to Mar 30, 2026
        • Discretionary RAUM · $22B to $17B
          Jul 24, 2025 to Mar 30, 2026
        • HNW RAUM · $42.6M to $39.3M
          Jul 24, 2025 to Mar 30, 2026
        • Individual RAUM · $204M to $153M
          Jul 24, 2025 to Mar 30, 2026
        • Pension RAUM · $1.4B to $497M
          Jul 24, 2025 to Mar 30, 2026
        • Pooled vehicle RAUM · $9.0B to $5.5B
          Jul 24, 2025 to Mar 30, 2026
        • RAUM · $22B to $17B
          Jul 24, 2025 to Mar 30, 2026
        • Wrap assets (manager) · $204M to $153M
          Jul 24, 2025 to Mar 30, 2026
        • Financial planning clients · unset to
          Mar 28, 2025 to Jul 24, 2025
        • Accounts · 87 to 83
          Jul 24, 2024 to Mar 28, 2025
        • Advisory employees · 16 to 17
          Jul 24, 2024 to Mar 28, 2025
        • Charity clients · 5 to 4
          Jul 24, 2024 to Mar 28, 2025
        • Corporate clients · 11 to 13
          Jul 24, 2024 to Mar 28, 2025
        • HNW clients · 12 to 11
          Jul 24, 2024 to Mar 28, 2025
        • Individual clients · 248 to 192
          Jul 24, 2024 to Mar 28, 2025
        • Pension plan clients · 18 to 17
          Jul 24, 2024 to Mar 28, 2025
        • Employees · 33 to 34
          Jul 24, 2024 to Mar 28, 2025
        • Discretionary RAUM · $24B to $22B
          Jul 24, 2024 to Mar 28, 2025
        • HNW RAUM · $37.7M to $42.6M
          Jul 24, 2024 to Mar 28, 2025
        • Individual RAUM · $234M to $204M
          Jul 24, 2024 to Mar 28, 2025
        • Pension RAUM · $1.5B to $1.4B
          Jul 24, 2024 to Mar 28, 2025
        • Pooled vehicle RAUM · $8.0B to $9.0B
          Jul 24, 2024 to Mar 28, 2025
        • RAUM · $24B to $22B
          Jul 24, 2024 to Mar 28, 2025
        • Wrap assets (manager) · $234M to $204M
          Jul 24, 2024 to Mar 28, 2025
        • Accounts · 89 to 87
          Jul 25, 2023 to Mar 27, 2024
        • Advisory employees · 17 to 16
          Jul 25, 2023 to Mar 27, 2024
        • Corporate clients · 8 to 11
          Jul 25, 2023 to Mar 27, 2024
        • HNW clients · 14 to 12
          Jul 25, 2023 to Mar 27, 2024
        • Individual clients · 281 to 248
          Jul 25, 2023 to Mar 27, 2024
        • Pension plan clients · 20 to 18
          Jul 25, 2023 to Mar 27, 2024
        • Pooled vehicle clients · 22 to 18
          Jul 25, 2023 to Mar 27, 2024
        • Employees · 34 to 33
          Jul 25, 2023 to Mar 27, 2024
        Signals
        7 dated events
        • H••••••••• G•••• (Principal & Executive Committee Member) appeared on Schedule A of S••••••••• G••••• A•••••••• L•
          Jul 24, 2024 · Control person joined · fact
        • Patrice George Fraise (Principal & Executive Committee Member) no longer on Schedule A of S••••••••• G••••• A•••••••• L• (listed 2024-03-27, absent 2024-07-24)
          Jul 24, 2024 · Control person left · inference
        • S••••••••• G••••• A•••••••• L• reported RAUM $23.9B, up 30% from $18.4B (2023-07-25 to 2024-03-27)
          Mar 27, 2024 · RAUM change · derived
        • D Kishore Rao (Principal & Executive Committee Member) appeared on Schedule A of S••••••••• G••••• A•••••••• L•
          Jul 25, 2023 · Control person joined · fact
        • Michael Gordon Marchand (Principal & Executive Committee Member) no longer on Schedule A of S••••••••• G••••• A•••••••• L• (listed 2023-03-30, absent 2023-07-25)
          Jul 25, 2023 · Control person left · inference
        • S••••••••• G••••• A•••••••• L• reported RAUM $18.8B, up 52% from $12.3B (2020-06-12 to 2021-03-30)
          Mar 30, 2021 · RAUM change · derived
        • S••••••••• G••••• A•••••••• L• reported RAUM $12.3B, up 36% from $9.1B (2019-03-29 to 2020-03-27)
          Mar 27, 2020 · RAUM change · derived
        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
        Website
        V•••••.COMreportedpublic record, Form ADV, Sep 19, 2026
        Principal office phone
        203-348-4742reportedpublic record, Form ADV, Mar 30, 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