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•••• P•••••••• L••

Independent wealth managerLos Angeles, CaliforniaCRD 128117SEC 801-81088websiteIAPD
Latest filing Feb 20, 2026
First filing on the tape Mar 12, 2012 · 31 filings
SEC status approved since Mar 9, 2015
RAUM
$188M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
96%
$182M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$62.8M
derived; firm RAUM over IAPD count
Employees
3
3 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
1
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$188M as of Feb 20, 2026
Mar 12, 2012$71.4M then
HNW client RAUM$175M as of Feb 20, 2026
Mar 4, 2018$92.8M then
State-registered IARs (5.B.3)3 as of Feb 20, 2026
Mar 12, 20120 then
Employees (5.A)3 as of Feb 20, 2026
Mar 17, 20154 then
Private funds1 as of Feb 20, 2026
Mar 17, 20151 then
RAUM +21% over the last fiscal year+11% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Feb 20, 2026; every figure names its basis
Archetypes, each a printed rule
  • RIA with private 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
$62.8MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
30derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.8MderivedHNW RAUM over HNW clients
Average account
$583,282derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
0.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
0.8derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.0%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$5.2M, 1 clientsreportedItem 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
  • 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$175M93%
  • Individuals$6.1M3.2%
  • Pooled investment vehicles$5.2M2.8%
  • Charitable organizations$1.5M0.8%
  • Corporations and businesses$200,0000.1%
Individual clients
28reported
HNW clients
62reported
Pension plan clients
n/areported
Charitable clients
2reported
Accounts
323reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$5.2M for 1 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.96 fund_share=0.03 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J••••••• F••••••• N•••••••Chartered Financial AnalystLos Angeles, Ca Jul 23, 200434 y3
D•••• R•• F••••Chartered Financial AnalystLos Angeles, CaJul 23, 200429 y3
J••• T••• G•••••••Chartered Financial AnalystSanta Monica, Ca Apr 14, 201122 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
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
B••••••••• M••••••• F•••• L•Hedge Fund$4.7M17Mar 17, 2015
Owners and control persons
Schedule A and B, latest filing
  • F••••• D••••• R•• · Managing Partnercontrol
    since 01/2004 · owns less than 5%
  • N•••••••• J•••••••• F••••••• · Managing Partner, Chief Compliance Officercontrol
    since 01/2004 · owns less than 5%
  • F••••• D••••• R•• · Trusteecontrol
    since 09/2008 · owns F of F•••• M•••• F••••• T•••• U•• D•• 9•••••••
  • M••••• A••• R••••• · Trusteecontrol
    since 09/2008 · owns F of F•••• M•••• F••••• T•••• U•• D•• 9•••••••
  • N•••••••• C••••• · Trusteecontrol
    since 08/2004 · owns F of N••••••• F••••• T•••• U•• D•• 8••••••••
  • N•••••••• J•••••••• F••••••• · Trusteecontrol
    since 08/2004 · owns F of N••••••• F••••• T•••• U•• D•• 8••••••••
  • G•••••••• J•••• T••• · Member
    since 06/2008 · owns 10% to 25%
Entity owners
  • F•••• M•••• F••••• T•••• U•• D•• 9••••••• · Member
    direct · owns 25% to 50%
  • N••••••• F••••• T•••• U•• D•• 8•••••••• · Member
    direct · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Los Angeles, Ca · principal300
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Advisory activities · 4 to 3
    Feb 25, 2025 to Feb 20, 2026
  • HNW clients · 63 to 62
    Feb 25, 2025 to Feb 20, 2026
  • Individual clients · 27 to 28
    Feb 25, 2025 to Feb 20, 2026
  • Assets in custody · $5.0M to $5.2M
    Feb 25, 2025 to Feb 20, 2026
  • Discretionary RAUM · $154M to $186M
    Feb 25, 2025 to Feb 20, 2026
  • HNW RAUM · $144M to $175M
    Feb 25, 2025 to Feb 20, 2026
  • Individual RAUM · $5.5M to $6.1M
    Feb 25, 2025 to Feb 20, 2026
  • Non-discretionary RAUM · $2.5M to $2.3M
    Feb 25, 2025 to Feb 20, 2026
  • Pooled vehicle RAUM · $5.0M to $5.2M
    Feb 25, 2025 to Feb 20, 2026
  • RAUM · $156M to $188M
    Feb 25, 2025 to Feb 20, 2026
  • Accounts · 328 to 323
    Mar 7, 2024 to Feb 25, 2025
  • Charity clients · 1 to 2
    Mar 7, 2024 to Feb 25, 2025
  • Assets in custody · $4.7M to $5.0M
    Mar 7, 2024 to Feb 25, 2025
  • Financial planning clients · unset to
    Mar 7, 2024 to Feb 25, 2025
  • Discretionary RAUM · $153M to $154M
    Mar 7, 2024 to Feb 25, 2025
  • HNW RAUM · $145M to $144M
    Mar 7, 2024 to Feb 25, 2025
  • Individual RAUM · $5.1M to $5.5M
    Mar 7, 2024 to Feb 25, 2025
  • Non-discretionary RAUM · $2.0M to $2.5M
    Mar 7, 2024 to Feb 25, 2025
  • Pooled vehicle RAUM · $4.7M to $5.0M
    Mar 7, 2024 to Feb 25, 2025
  • RAUM · $155M to $156M
    Mar 7, 2024 to Feb 25, 2025
  • Accounts · 329 to 328
    Aug 8, 2023 to Mar 5, 2024
  • Charity clients · unset to 1.0
    Aug 8, 2023 to Mar 5, 2024
  • HNW clients · 66 to 63
    Aug 8, 2023 to Mar 5, 2024
  • Individual clients · 30 to 27
    Aug 8, 2023 to Mar 5, 2024
  • Assets in custody · $3.8M to $4.7M
    Aug 8, 2023 to Mar 5, 2024
  • Discretionary RAUM · $136M to $153M
    Aug 8, 2023 to Mar 5, 2024
  • HNW RAUM · $129M to $145M
    Aug 8, 2023 to Mar 5, 2024
  • Individual RAUM · $5.0M to $5.1M
    Aug 8, 2023 to Mar 5, 2024
  • Pooled vehicle RAUM · $3.3M to $4.7M
    Aug 8, 2023 to Mar 5, 2024
  • RAUM · $138M to $155M
    Aug 8, 2023 to Mar 5, 2024
  • Accounts · 316 to 329
    Sep 20, 2022 to Mar 24, 2023
  • HNW clients · 64 to 66
    Sep 20, 2022 to Mar 24, 2023
  • Individual clients · 27 to 30
    Sep 20, 2022 to Mar 24, 2023
  • Assets in custody · $3.3M to $3.8M
    Sep 20, 2022 to Mar 24, 2023
  • Other offices · 1 to 3
    Sep 20, 2022 to Mar 24, 2023
  • Discretionary RAUM · $155M to $136M
    Sep 20, 2022 to Mar 24, 2023
  • HNW RAUM · $147M to $129M
    Sep 20, 2022 to Mar 24, 2023
  • Individual RAUM · $5.7M to $5.0M
    Sep 20, 2022 to Mar 24, 2023
  • Non-discretionary RAUM · $400,000 to $2.0M
    Sep 20, 2022 to Mar 24, 2023
  • RAUM · $156M to $138M
    Sep 20, 2022 to Mar 24, 2023
Signals
1 dated events
  • B••••••••• V•••• P•••••••• L•• filed its initial SEC registration (Form ADV)
    Feb 27, 2015 · First SEC registration · fact
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
linkedin.com/company/bristlecone-value-partners-llcreportedpublic record, Form ADV, Sep 18, 2026
Website
B•••••••••-VP.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
310-806-4141reportedpublic record, Form ADV, Feb 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
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$62.8Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026