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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Former SEC-registered adviser

D••••••••• C•••••• A•••••••• L••

Former SEC-registered adviserLos Angeles, CaliforniaCRD 131454SEC 801-64826IAPD
Latest filing Mar 27, 2019
First filing on the tape Dec 23, 2011 · 11 filings
RAUM
$131M
reported, Item 5.F
Discretionary
100%
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
14
10 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
$142M gross assets
History
11 filings and snapshots on the tape
RAUM$132M as of Mar 29, 2018
Mar 29, 2012$825M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 29, 2018
Mar 28, 20130 then
Employees (5.A)14 as of Mar 29, 2018
Mar 28, 201323 then
Private funds5 as of Mar 29, 2018
Mar 29, 20127 then
RAUM -6.1% over the last fiscal year-25% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 27, 2019; 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
unknownderivedHNW RAUM over HNW clients
Average account
$32.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%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
-5.7%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$131M, 4 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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$131M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$131M for 4 clientsreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
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
      6 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • C••••••• C••••• T••••• · Chief Compliance Officer & Chief Financial Officercontrol
        since 02/2004 · owns 5% to 10%
      • Z•••••• M•••• S••••• · Membercontrol
        since 10/2001 · owns 75% or more
      • K•••••• S••••••• · Chief Operating Officer
        since 10/2014 · owns less than 5%
      • S••••••••• B••••• J••••• · Director Of Research
        since 10/2014 · owns 5% to 10%
      Related persons
      Schedule D 7.A
      Advisers that list D••••••••• C•••••• A•••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 5 to 4
        Mar 29, 2018 to Dec 19, 2018
      • Pooled vehicle clients · 5 to 4
        Mar 29, 2018 to Dec 19, 2018
      • Assets in custody · $140M to $131M
        Mar 29, 2018 to Dec 19, 2018
      • Private funds · 5 to 4
        Mar 29, 2018 to Dec 19, 2018
      • Discretionary RAUM · $132M to $131M
        Mar 29, 2018 to Dec 19, 2018
      • Pooled vehicle RAUM · $132M to $131M
        Mar 29, 2018 to Dec 19, 2018
      • RAUM · $132M to $131M
        Mar 29, 2018 to Dec 19, 2018
      • Accounts · 6 to 5
        Mar 31, 2017 to Mar 29, 2018
      • Advisory employees · 9 to 10
        Mar 31, 2017 to Mar 29, 2018
      • Pooled vehicle clients · unset to 5.0
        Mar 31, 2017 to Mar 29, 2018
      • Employees · 12 to 14
        Mar 31, 2017 to Mar 29, 2018
      • Other offices · unset to 0.0
        Mar 31, 2017 to Mar 29, 2018
      • Private funds · 6 to 5
        Mar 31, 2017 to Mar 29, 2018
      • Discretionary RAUM · $140M to $132M
        Mar 31, 2017 to Mar 29, 2018
      • Pooled vehicle RAUM · unset to 132000000.0
        Mar 31, 2017 to Mar 29, 2018
      • RAUM · $140M to $132M
        Mar 31, 2017 to Mar 29, 2018
      • Accounts · 7 to 6
        Oct 10, 2016 to Mar 31, 2017
      • Advisory employees · 10 to 9
        Oct 10, 2016 to Mar 31, 2017
      • Assets in custody · $203M to $140M
        Oct 10, 2016 to Mar 31, 2017
      • Employees · 13 to 12
        Oct 10, 2016 to Mar 31, 2017
      • Private funds · 7 to 6
        Oct 10, 2016 to Mar 31, 2017
      • Discretionary RAUM · $203M to $140M
        Oct 10, 2016 to Mar 31, 2017
      • RAUM · $203M to $140M
        Oct 10, 2016 to Mar 31, 2017
      • Accounts · 5 to 7
        Mar 31, 2015 to Mar 30, 2016
      • Advisory employees · 12 to 10
        Mar 31, 2015 to Mar 30, 2016
      • Assets in custody · $313M to $203M
        Mar 31, 2015 to Mar 30, 2016
      • Employees · 16 to 13
        Mar 31, 2015 to Mar 30, 2016
      • Discretionary RAUM · $313M to $203M
        Mar 31, 2015 to Mar 30, 2016
      • RAUM · $313M to $203M
        Mar 31, 2015 to Mar 30, 2016
      • Accounts · 7 to 5
        Mar 31, 2014 to Mar 31, 2015
      • Advisory employees · 13 to 12
        Mar 31, 2014 to Mar 31, 2015
      • Advisory activities · 1 to 2
        Mar 31, 2014 to Mar 31, 2015
      • Assets in custody · $337M to $313M
        Mar 31, 2014 to Mar 31, 2015
      • Employees · 19 to 16
        Mar 31, 2014 to Mar 31, 2015
      • Private funds · 6 to 7
        Mar 31, 2014 to Mar 31, 2015
      • Discretionary RAUM · $337M to $313M
        Mar 31, 2014 to Mar 31, 2015
      • RAUM · $337M to $313M
        Mar 31, 2014 to Mar 31, 2015
      • Advisory employees · 14 to 13
        Mar 28, 2013 to Mar 31, 2014
      • Assets in custody · $825M to $337M
        Mar 28, 2013 to Mar 31, 2014
      • Employees · 23 to 19
        Mar 28, 2013 to Mar 31, 2014
      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.
      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
      Former SEC-registered adviserderiveda 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