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

N•• I••••••••• M•••••••••

Asset manager (funds and pooled vehicles)Dallas, TexasCRD 131517SEC 801-63255websiteIAPD
Legal name C•••••• A•••• M••••••••• L•
Latest filing Aug 6, 2026
First filing on the tape Mar 30, 2012 · 44 filings
SEC status approved since Jun 17, 2004
RAUM
$1.8B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$1.8B
derived; firm RAUM over IAPD count
Employees
10
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
44 filings and snapshots on the tape
RAUM$1.8B as of Aug 6, 2026
Mar 30, 2012$1.8B then
HNW client RAUM$16.4M as of Mar 28, 2025
Mar 26, 2018$72.2M then
State-registered IARs (5.B.3)1 as of Aug 6, 2026
Mar 28, 20131 then
Employees (5.A)10 as of Aug 6, 2026
Mar 28, 201324 then
Private funds1 as of Aug 6, 2026
Mar 30, 20129 then
RAUM +19% over the last fiscal year+16% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Aug 6, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$1.8BderivedRAUM 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
$292MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
10.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+19%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$29.1M, 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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Investment companies$1.7B98%
  • Pooled investment vehicles$30.1M1.7%
  • Pension and profit-sharing plans$7.4M0.4%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
1reported
Charitable clients
n/areported
Accounts
6reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$29.1M for 1 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=2.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J•••• V••• S••••Dallas, TxAug 24, 200424 y1
Advisor movement
0 left, 0 joined in 12 months
Private funds
15 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
T•• C•••••• M•• O••••••••• F••• I• L•no longer reportedHedge Fund$379M190Mar 30, 2012
T•• C•••••• M•• O••••••••• F•••• L•no longer reportedHedge Fund$158M65Mar 30, 2012
T•• C•••••• F•••• L•Hedge Fund$43.2M32Mar 30, 2012
C•••••• R••••••••• O••••••••• F•••• L•no longer reportedHedge Fund$43.2M6Mar 28, 2013
T•• C•••••• F•••• L•no longer reportedHedge Fund$42.1M39Mar 30, 2012
T•• C•••••• S•• M•• F•••no longer reportedOther Private Fund$37.9M1Mar 28, 2013
T•• C•••••• M•• I••••••••• F•••no longer reportedOther Private Fund$16.5M82Mar 30, 2012
T•• C•••••• O••••••• F•••no longer reportedHedge Fund$13.4M3Mar 30, 2015
C•••••• M•• M••••• N•••••• F•••• L•no longer reportedHedge Fund$9.6M15Mar 30, 2012
T•• C•••••• M•• M••••• N•••••• O••••••• F•••• L•••no longer reportedHedge Fund$6.3M3Oct 31, 2014
T•• D•••••••• G••••• R•••••••• M••••• F•••• L•no longer reportedHedge Fund$5.2M73Mar 30, 2012
L••••••••• C••••••• O••••••••• F•••• L•no longer reportedHedge Fund$918,49920Mar 30, 2012
C•••••• R••••••••• O••••••••• O••••••• F•••• L•••no longer reportedHedge Fund$771,4111Mar 27, 2014
T•• C•••••• N•••••• I••••••••• F•••• L•no longer reportedHedge Fund$500,0001Mar 30, 2016
B•• A•• M•• E••••• I••••••••• F•••• L•no longer reportedHedge Fund$437,08748Mar 30, 2012
Owners and control persons
Schedule A and B, latest filing
  • M•••• B•••• B••••••• · Chief Compliance Officercontrol
    since 10/2024 · owns less than 5%
  • M•••••••• J•••• M••••••• · President And Ceo (10/2023) Managing Partner (12/2022) And Co-Chief Investment Officer (09/2019)control
    since 09/2019 · owns less than 5%
  • N•••••• B••••• R••••• · Chief Financial Officercontrol
    since 02/2021 · owns less than 5%
  • S••••••••• T•••• W•••••• · Chief Operating Officer And Chief Risk Officercontrol
    since 12/2022 · owns less than 5%
  • S••••• J••••• V••• · Limited Partnercontrol
    since 10/2003 · owns 75% or more
  • S••••• J••••• V••• · Managing Membercontrol
    since 05/2002 · owns 75% or more of S•••• C••••••• L••
Entity owners
  • S•••• C••••••• L•• · General Partner
    direct · 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
Dallas, Tx · principal100
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 21 to 6
    Mar 28, 2025 to Mar 30, 2026
  • BD registered reps · 1 to 2
    Mar 28, 2025 to Mar 30, 2026
  • HNW clients · 15.0 to unset
    Mar 28, 2025 to Mar 30, 2026
  • Assets in custody · $40.3M to $29.1M
    Mar 28, 2025 to Mar 30, 2026
  • Discretionary RAUM · $1.5B to $1.7B
    Mar 28, 2025 to Mar 30, 2026
  • HNW RAUM · 16358149.0 to unset
    Mar 28, 2025 to Mar 30, 2026
  • Non-discretionary RAUM · $1.3M to $952,114
    Mar 28, 2025 to Mar 30, 2026
  • Pension RAUM · $7.0M to $7.4M
    Mar 28, 2025 to Mar 30, 2026
  • Pooled vehicle RAUM · $41.6M to $30.1M
    Mar 28, 2025 to Mar 30, 2026
  • RAUM · $1.5B to $1.8B
    Mar 28, 2025 to Mar 30, 2026
  • Wrap assets (manager) · $16.4M to $0
    Mar 28, 2025 to Mar 30, 2026
  • BD registered reps · 2 to 1
    Nov 25, 2024 to Mar 28, 2025
  • Assets in custody · $43.2M to $40.3M
    Nov 25, 2024 to Mar 28, 2025
  • Financial planning clients · unset to
    Nov 25, 2024 to Mar 28, 2025
  • State-registered IARs · 2 to 1
    Nov 25, 2024 to Mar 28, 2025
  • Discretionary RAUM · $1.1B to $1.5B
    Nov 25, 2024 to Mar 28, 2025
  • HNW RAUM · $11.7M to $16.4M
    Nov 25, 2024 to Mar 28, 2025
  • Non-discretionary RAUM · $1.2M to $1.3M
    Nov 25, 2024 to Mar 28, 2025
  • Pension RAUM · $4.9M to $7.0M
    Nov 25, 2024 to Mar 28, 2025
  • Pooled vehicle RAUM · $44.4M to $41.6M
    Nov 25, 2024 to Mar 28, 2025
  • RAUM · $1.1B to $1.5B
    Nov 25, 2024 to Mar 28, 2025
  • Wrap assets (manager) · $11.7M to $16.4M
    Nov 25, 2024 to Mar 28, 2025
  • Accounts · 29 to 21
    Oct 26, 2023 to Mar 28, 2024
  • HNW clients · 18 to 15
    Oct 26, 2023 to Mar 28, 2024
  • Pooled vehicle clients · 5 to 2
    Oct 26, 2023 to Mar 28, 2024
  • Assets in custody · $75.8M to $43.2M
    Oct 26, 2023 to Mar 28, 2024
  • Discretionary RAUM · $1.1B to $1.1B
    Oct 26, 2023 to Mar 28, 2024
  • HNW RAUM · $10.8M to $11.7M
    Oct 26, 2023 to Mar 28, 2024
  • Non-discretionary RAUM · $773,158 to $1.2M
    Oct 26, 2023 to Mar 28, 2024
  • Pension RAUM · $4.2M to $4.9M
    Oct 26, 2023 to Mar 28, 2024
  • Pooled vehicle RAUM · $92.3M to $44.4M
    Oct 26, 2023 to Mar 28, 2024
  • RAUM · $1.1B to $1.1B
    Oct 26, 2023 to Mar 28, 2024
  • Wrap assets (manager) · $10.8M to $11.7M
    Oct 26, 2023 to Mar 28, 2024
  • Advisory employees · 12 to 5
    Jun 23, 2023 to Oct 26, 2023
  • BD registered reps · 3 to 2
    Jun 23, 2023 to Oct 26, 2023
  • Employees · 20 to 10
    Jun 23, 2023 to Oct 26, 2023
  • State-registered IARs · 1 to 2
    Jun 23, 2023 to Oct 26, 2023
  • Other offices · 1 to 0
    Oct 26, 2023 to Oct 26, 2023
  • Business name · C•••••• A•••• M••••••••• L• to N•• I••••••••• M•••••••••
    Mar 31, 2023 to Apr 1, 2023
  • Accounts · 56 to 29
    Dec 13, 2022 to Mar 31, 2023
Signals
20 dated events
  • N•• I••••••••• M••••••••• reported RAUM $1.5B, up 33% from $1.1B (2024-11-25 to 2025-03-28)
    Mar 28, 2025 · RAUM change · derived
  • Benjamin Brad Mead (Chief Compliance Officer) appeared on Schedule A of N•• I••••••••• M•••••••••
    Oct 10, 2024 · Control person joined · fact
  • Alan Jeffrey Engelsman (Chief Compliance Officer) no longer on Schedule A of N•• I••••••••• M••••••••• (listed 2024-04-26, absent 2024-10-10)
    Oct 10, 2024 · Control person left · inference
  • M••• E••••• R••••• left N•• I••••••••• M••••••••• for H••••• A••••••• L•• (registered 2024-07-16)
    Aug 13, 2024 · Advisor changed firm · fact
  • Edward Mark Rhodes (President And Ceo) no longer on Schedule A of N•• I••••••••• M••••••••• (listed 2023-06-23, absent 2023-10-26)
    Oct 26, 2023 · Control person left · inference
  • Saket Kumar (Managing Partner (12/2022) And Co-Chief Investment Officer) no longer on Schedule A of N•• I••••••••• M••••••••• (listed 2023-06-23, absent 2023-10-26)
    Oct 26, 2023 · Control person left · inference
  • John Mathew Calabro (Chief Compliance Officer) no longer on Schedule A of N•• I••••••••• M••••••••• (listed 2023-05-15, absent 2023-06-23)
    Jun 23, 2023 · Control person left · inference
  • Alan Jeffrey Engelsman (Chief Compliance Officer) appeared on Schedule A of N•• I••••••••• M•••••••••
    Jun 23, 2023 · Control person joined · fact
  • Howard John Alban (Chief Executive Officer (As Of 1/2019) And Chief Operating Officer) no longer on Schedule A of N•• I••••••••• M••••••••• (listed 2022-11-03, absent 2022-12-13)
    Dec 13, 2022 · Control person left · inference
  • William Todd Sunderland (Chief Operating Officer And Chief Risk Officer) appeared on Schedule A of N•• I••••••••• M•••••••••
    Dec 13, 2022 · Control person joined · fact
  • Edward Mark Rhodes (President And Ceo) appeared on Schedule A of N•• I••••••••• M•••••••••
    Dec 13, 2022 · Control person joined · fact
  • Saket Kumar (Co-Chief Investment Officer) appeared on Schedule A of N•• I••••••••• M•••••••••
    Mar 31, 2022 · Control person joined · fact
  • Marshall John Musgrave (Co-Chief Investment Officer) appeared on Schedule A of N•• I••••••••• M•••••••••
    Mar 31, 2022 · Control person joined · fact
  • Y. Barry Greenberg (Chief Compliance Officer) no longer on Schedule A of N•• I••••••••• M••••••••• (listed 2021-03-31, absent 2021-06-21)
    Jun 21, 2021 · Control person left · inference
  • John Mathew Calabro (Chief Compliance Officer) appeared on Schedule A of N•• I••••••••• M•••••••••
    Jun 21, 2021 · Control person joined · fact
  • Robert Blake Nelson (Chief Financial Officer) appeared on Schedule A of N•• I••••••••• M•••••••••
    Mar 31, 2021 · Control person joined · fact
  • David Matthew Wenk (Chief Financial Officer) no longer on Schedule A of N•• I••••••••• M••••••••• (listed 2020-06-12, absent 2021-03-31)
    Mar 31, 2021 · Control person left · inference
  • N•• I••••••••• M••••••••• reported RAUM $890.8M, down 52% from $1.8B (2020-06-12 to 2021-03-31)
    Mar 31, 2021 · RAUM change · derived
  • N•• I••••••••• M••••••••• reported RAUM $1.8B, down 33% from $2.7B (2019-09-19 to 2020-03-30)
    Mar 30, 2020 · RAUM change · derived
  • N•• I••••••••• M••••••••• reported RAUM $2.7B, down 31% from $4.0B (2018-09-18 to 2019-03-29)
    Mar 29, 2019 · 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
NXGIM.COMreportedpublic record, Form ADV, Sep 19, 2026
Principal office phone
214-692-6334reportedpublic record, Form ADV, Aug 6, 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
$1.8Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026