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

A••••••• A••••• I••••••••• M••••••••• L••

Institutional managerSan Diego, CaliforniaCRD 131660SEC 801-65209IAPD
Latest filing Mar 25, 2026
First filing on the tape Mar 30, 2012 · 24 filings
SEC status approved since Jan 18, 2006
RAUM
$5.9B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.1%
$3.4M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$5.9B
derived; firm RAUM over IAPD count
Employees
5
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
1
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$5.9B as of Mar 25, 2026
Mar 30, 2012$944M then
HNW client RAUM$3.4M as of Mar 25, 2026
Mar 21, 2018$1.7M then
State-registered IARs (5.B.3)1 as of Mar 25, 2026
Mar 30, 20120 then
Employees (5.A)5 as of Mar 25, 2026
Mar 27, 20137 then
Private funds1 as of Mar 25, 2026
Mar 30, 20122 then
RAUM +20% over the last fiscal year+22% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$5.9BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
1derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.4MderivedHNW RAUM over HNW clients
Average account
$489MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
98%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
5.0derivedItem 5.A over advisors
Advisors per office
1.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+20%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 assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$99.9M, 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)
  • 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
  • Insurance companies$5.8B98%
  • Pooled investment vehicles$99.9M1.7%
  • Corporations and businesses$11.0M0.2%
  • High-net-worth individuals$3.4M0.1%
Individual clients
0reported
HNW clients
1reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
12reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$99.9M for 1 clientsreported
Compensation
% of AUMreported
Class basis
private_client_share=0.0 fund_share=0.02 institutional_share=0.98 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J••• G•••••• U•San Diego, CaJan 15, 201322 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
2 reported on Schedule D 7.B.(1)
Owners and control persons
Schedule A and B, latest filing
  • R•••• E•••••• S••••• · Chief Executive Officer, Chief Compliance Officer, Chief Investment Officer & Trustee Of Managing Membercontrol
    since 08/2002 · owns 75% or more
  • S•••••••• J••••• L••• · General Counsel
    since 12/2012 · owns less than 5%
  • Z••••• M•• · Chief Financial Officer
    since 12/2021 · owns less than 5%
Related persons
Schedule D 7.A
  • A••••••• A••••• C•••••• A•••••••• L••
    investment adviseryRAUM $327M
  • E••••••• I•••••••• C••••••
    real estaten
  • I•• C••••••• I•••••••• C••••••
    real estaten
  • I•• N••••••• I•••••••• C••••••
    real estaten
  • I•• P•••••• I•••••••• C••••••
    real estaten
  • I••• L•••
    real estaten
  • I•••••••• C•••••• O• T•• W•••
    real estaten
  • V••••••• I•••••••• C••••••
    real estaten
Advisers that list A••••••• A••••• I••••••••• M••••••••• L•• as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 11 to 12
    Mar 27, 2025 to Mar 25, 2026
  • Corporate clients · 2 to 3
    Mar 27, 2025 to Mar 25, 2026
  • Assets in custody · $94.0M to $99.9M
    Mar 27, 2025 to Mar 25, 2026
  • Discretionary RAUM · $4.9B to $5.9B
    Mar 27, 2025 to Mar 25, 2026
  • HNW RAUM · $3.0M to $3.4M
    Mar 27, 2025 to Mar 25, 2026
  • Pooled vehicle RAUM · $94.0M to $99.9M
    Mar 27, 2025 to Mar 25, 2026
  • RAUM · $4.9B to $5.9B
    Mar 27, 2025 to Mar 25, 2026
  • Related adviser · true to false
    Mar 27, 2025 to Mar 25, 2026
  • Accounts · 10 to 11
    Mar 22, 2024 to Mar 27, 2025
  • Corporate clients · 1 to 2
    Mar 22, 2024 to Mar 27, 2025
  • Assets in custody · $89.4M to $94.0M
    Mar 22, 2024 to Mar 27, 2025
  • Financial planning clients · unset to
    Mar 22, 2024 to Mar 27, 2025
  • Discretionary RAUM · $4.0B to $4.9B
    Mar 22, 2024 to Mar 27, 2025
  • HNW RAUM · $2.8M to $3.0M
    Mar 22, 2024 to Mar 27, 2025
  • Pooled vehicle RAUM · $89.4M to $94.0M
    Mar 22, 2024 to Mar 27, 2025
  • RAUM · $4.0B to $4.9B
    Mar 22, 2024 to Mar 27, 2025
  • Assets in custody · $78.6M to $89.4M
    Oct 10, 2023 to Mar 22, 2024
  • Discretionary RAUM · $3.2B to $4.0B
    Oct 10, 2023 to Mar 22, 2024
  • HNW RAUM · $2.5M to $2.8M
    Oct 10, 2023 to Mar 22, 2024
  • Pooled vehicle RAUM · $78.6M to $89.4M
    Oct 10, 2023 to Mar 22, 2024
  • RAUM · $3.2B to $4.0B
    Oct 10, 2023 to Mar 22, 2024
  • Advisory employees · 1 to 2
    Mar 9, 2023 to Oct 10, 2023
  • Employees · 4 to 5
    Mar 9, 2023 to Oct 10, 2023
  • Assets in custody · $85.5M to $78.6M
    Mar 30, 2022 to Mar 9, 2023
  • Discretionary RAUM · $3.0B to $3.2B
    Mar 30, 2022 to Mar 9, 2023
  • HNW RAUM · $2.7M to $2.5M
    Mar 30, 2022 to Mar 9, 2023
  • Pooled vehicle RAUM · $85.5M to $78.6M
    Mar 30, 2022 to Mar 9, 2023
  • RAUM · $3.0B to $3.2B
    Mar 30, 2022 to Mar 9, 2023
  • Assets in custody · $71.1M to $85.5M
    Mar 17, 2021 to Mar 30, 2022
  • Discretionary RAUM · $2.6B to $3.0B
    Mar 17, 2021 to Mar 30, 2022
  • HNW RAUM · $2.4M to $2.7M
    Mar 17, 2021 to Mar 30, 2022
  • Pooled vehicle RAUM · $71.1M to $85.5M
    Mar 17, 2021 to Mar 30, 2022
  • RAUM · $2.6B to $3.0B
    Mar 17, 2021 to Mar 30, 2022
  • Assets in custody · $70.9M to $71.1M
    Jun 30, 2020 to Mar 17, 2021
  • Discretionary RAUM · $2.6B to $2.6B
    Jun 30, 2020 to Mar 17, 2021
  • HNW RAUM · $2.0M to $2.4M
    Jun 30, 2020 to Mar 17, 2021
  • Pooled vehicle RAUM · $70.9M to $71.1M
    Jun 30, 2020 to Mar 17, 2021
  • RAUM · $2.6B to $2.6B
    Jun 30, 2020 to Mar 17, 2021
  • Accounts · 9 to 10
    Mar 12, 2019 to Mar 18, 2020
  • Assets in custody · $62.2M to $70.9M
    Mar 12, 2019 to Mar 18, 2020
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
858-345-1461reportedpublic record, Form ADV, Mar 25, 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
Institutional managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$5.9Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026