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•• I••••••••• A•••••••

Wealth manager with institutional or fund businessEncino, CaliforniaCRD 129367SEC 801-135603IAPD
Legal name F••• R•••• B••••••
Latest filing May 29, 2026
First filing on the tape Mar 19, 2012 · 17 filings
SEC status approved since Jun 1, 2026
RAUM
$106M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
48%
$51.1M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$53.2M
derived; firm RAUM over IAPD count
Employees
2
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$106M as of May 29, 2026
Mar 19, 2012$104M then
HNW client RAUM$5.9M as of May 29, 2026
Mar 23, 2018$71.4M then
State-registered IARs (5.B.3)2 as of May 29, 2026
Mar 12, 20131 then
Employees (5.A)2 as of May 29, 2026
Mar 12, 20131 then
Private funds: no history
RAUM +5.0% over the last fiscal year+3.0% a year over threeIARs 1 to 2
Practice profile
derived from the filing of May 29, 2026; every figure names its basis
Archetypes, each a printed rule
RAUM per advisor
$53.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
57derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.5MderivedHNW RAUM over HNW clients
Average account
$404,443derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
49%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-27%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+13%derived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 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
  • Pension and profit-sharing plans$52.2M49%
  • Individuals$45.2M42%
  • High-net-worth individuals$5.9M5.5%
  • Pooled investment vehicles$3.1M2.9%
Individual clients
110reported
HNW clients
4reported
Pension plan clients
54reported
Charitable clients
n/areported
Accounts
263reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.48 fund_share=0.03 institutional_share=0.49 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
A•• T•••••• M•••••••Encino, CaDec 14, 202138 y0
R•••• B• F••Encino, CaJan 27, 202541 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
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • F••• R••••• B• · Sole Proprietor/Ccocontrol
        since 11/1984 · owns 75% or more
      • M•••••••• A•• · Compliance Officer/Operations Managercontrol
        since 02/2013 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Encino, Ca · principal200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • high institutional concentrationStatic outlier · filing May 29, 2026
        institutional share of RAUM of 49% against a peer median of 0% (5676 comparable advisers, 99.0th percentile, 16.4 robust deviations)
        peers: independent wealth managers, $100M to $500M (5,676) · 99% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 316 to 263
        Aug 24, 2021 to May 29, 2026
      • HNW clients · 6 to 4
        Aug 24, 2021 to May 29, 2026
      • Individual clients · 37 to 110
        Aug 24, 2021 to May 29, 2026
      • Pension plan clients · 67 to 54
        Aug 24, 2021 to May 29, 2026
      • Pooled vehicle clients · unset to 4.0
        Aug 24, 2021 to May 29, 2026
      • Financial planning clients · unset to
        Aug 24, 2021 to May 29, 2026
      • State-registered IARs · 1 to 2
        Aug 24, 2021 to May 29, 2026
      • Discretionary RAUM · $74.2M to $106M
        Aug 24, 2021 to May 29, 2026
      • HNW RAUM · $6.2M to $5.9M
        Aug 24, 2021 to May 29, 2026
      • Individual RAUM · $3.3M to $45.2M
        Aug 24, 2021 to May 29, 2026
      • Pension RAUM · $33.5M to $52.2M
        Aug 24, 2021 to May 29, 2026
      • Pooled vehicle RAUM · unset to 3119685.0
        Aug 24, 2021 to May 29, 2026
      • RAUM · $74.2M to $106M
        Aug 24, 2021 to May 29, 2026
      • Accounts · 329 to 316
        Jun 26, 2020 to Mar 16, 2021
      • HNW clients · 8 to 6
        Jun 26, 2020 to Mar 16, 2021
      • Individual clients · 30 to 37
        Jun 26, 2020 to Mar 16, 2021
      • Pension plan clients · 43 to 67
        Jun 26, 2020 to Mar 16, 2021
      • Employees · 1 to 2
        Jun 26, 2020 to Mar 16, 2021
      • HQ city · LOS ANGELES to ENCINO
        Jun 26, 2020 to Mar 16, 2021
      • Discretionary RAUM · $101M to $74.2M
        Jun 26, 2020 to Mar 16, 2021
      • HNW RAUM · $16.2M to $6.2M
        Jun 26, 2020 to Mar 16, 2021
      • Individual RAUM · $5.4M to $3.3M
        Jun 26, 2020 to Mar 16, 2021
      • Pension RAUM · $24.8M to $33.5M
        Jun 26, 2020 to Mar 16, 2021
      • RAUM · $101M to $74.2M
        Jun 26, 2020 to Mar 16, 2021
      • Accounts · 175 to 329
        Mar 28, 2019 to Mar 26, 2020
      • HNW clients · 10 to 8
        Mar 28, 2019 to Mar 26, 2020
      • Individual clients · 46 to 30
        Mar 28, 2019 to Mar 26, 2020
      • Pension plan clients · 45 to 43
        Mar 28, 2019 to Mar 26, 2020
      • Discretionary RAUM · $96.6M to $101M
        Mar 28, 2019 to Mar 26, 2020
      • HNW RAUM · $13.5M to $16.2M
        Mar 28, 2019 to Mar 26, 2020
      • Individual RAUM · $7.8M to $5.4M
        Mar 28, 2019 to Mar 26, 2020
      • Pension RAUM · $22.6M to $24.8M
        Mar 28, 2019 to Mar 26, 2020
      • RAUM · $96.6M to $101M
        Mar 28, 2019 to Mar 26, 2020
      • Accounts · 386 to 175
        Mar 23, 2018 to Mar 28, 2019
      • HNW clients · 157 to 10
        Mar 23, 2018 to Mar 28, 2019
      • Individual clients · 45 to 46
        Mar 23, 2018 to Mar 28, 2019
      • Pension plan clients · 43 to 45
        Mar 23, 2018 to Mar 28, 2019
      • Discretionary RAUM · $97.5M to $96.6M
        Mar 23, 2018 to Mar 28, 2019
      • HNW RAUM · $71.4M to $13.5M
        Mar 23, 2018 to Mar 28, 2019
      • Individual RAUM · $4.1M to $7.8M
        Mar 23, 2018 to Mar 28, 2019
      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
      Principal office phone
      310-481-9320reportedpublic record, Form ADV, May 29, 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
      Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $53.2Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026