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••••••••• A•••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 132495SEC 801-63438websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 28, 2012 · 20 filings
SEC status approved since Aug 20, 2004
RAUM
$763M
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
6
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
5
reported on Schedule D
History
20 filings and snapshots on the tape
RAUM$763M as of Mar 31, 2026
Mar 28, 2012$2.0B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Apr 1, 20130 then
Employees (5.A)6 as of Mar 31, 2026
Apr 1, 20137 then
Private funds5 as of Mar 31, 2026
Mar 28, 20128 then
RAUM -27% over the last fiscal year-12% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2026; 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
$153MderivedRAUM 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
-27%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
otherreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$763M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
5reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
n/areported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=1.0derived
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
      8 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      U• C•••••• F•••••• V•• L•••Securitized Asset Fund$330M15Mar 28, 2012
      U• C•••••• F•••••• I•• L•••Securitized Asset Fund$249M7Mar 28, 2012
      U• C•••••• F•••••• V• L•••Securitized Asset Fund$193M10Mar 28, 2012
      U• C•••••• F•••••• I•• L•••Securitized Asset Fund$150M33Mar 28, 2012
      U• C•••••• F•••••• I••• L•••Securitized Asset Fund$109M13Mar 28, 2012
      U• C•••••• F•••••• I• L••Securitized Asset Fund$90.5M10Mar 28, 2012
      S••• B••• F••• I•• L•no longer reportedHedge Fund$83.9M5Mar 28, 2012
      S••• B••• F•••• L•no longer reportedHedge Fund$58.9M8Mar 28, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • F••••••• P••••••• J••••• · Chief Financial Officercontrol
        since 04/2014 · owns less than 5%
      • S•••••••• R•••••• N••••• · Chief Compliance Officercontrol
        since 03/2014 · owns less than 5%
      • S••••••••• G••••• · Executive Officercontrol
        since 01/2007 · owns less than 5%
      • S•••••• J•••••• S••••• · Presidentcontrol
        since 02/2004 · owns less than 5%
      • S•••••• J•••••• S••••• · Managing Membercontrol
        since 06/2003 · owns 25% to 50% of Stone Castle Partners, LLC
      Entity owners
      • S••••••••• A••••••• S•••••••• L•• · Sole Member
        direct · owns 75% or more
      • C••••••••• E••••• F••• V•• L• · Member
        indirect · owns 25% to 50% of S••••••••• P•••••••• L••
      • S••••••••• P•••••••• L•• · Sole Member
        indirect · owns 75% or more of S••••••••• A••••••• S•••••••• L••
      Related persons
      Schedule D 7.A
      Advisers that list S••••••••• A•••••••• L•• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM down 25 %Change between filings · filing Mar 31, 2026
        RAUM (Item 5.F) moved from $1,049,566,334 to $763,430,789 (-27.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +8.0% (673 comparable advisers, 7.0th percentile of changes)
        peers: asset managers, $500M to $1B (673) · 7.0% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 6 to 5
        Mar 31, 2025 to Mar 31, 2026
      • Advisory employees · 2 to 1
        Mar 31, 2025 to Mar 31, 2026
      • BD registered reps · 4 to 1
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 6 to 5
        Mar 31, 2025 to Mar 31, 2026
      • Employees · 9 to 6
        Mar 31, 2025 to Mar 31, 2026
      • Private funds · 6 to 5
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $1.0B to $763M
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $1.0B to $763M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $1.0B to $763M
        Mar 31, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        May 31, 2024 to Mar 31, 2025
      • Discretionary RAUM · $1.1B to $1.0B
        May 31, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $1.1B to $1.0B
        May 31, 2024 to Mar 31, 2025
      • RAUM · $1.1B to $1.0B
        May 31, 2024 to Mar 31, 2025
      • Advisory employees · 7 to 2
        Mar 31, 2023 to Mar 30, 2024
      • BD registered reps · 5 to 4
        Mar 31, 2023 to Mar 30, 2024
      • Discretionary RAUM · $1.1B to $1.1B
        Mar 31, 2023 to Mar 30, 2024
      • Pooled vehicle RAUM · $1.1B to $1.1B
        Mar 31, 2023 to Mar 30, 2024
      • RAUM · $1.1B to $1.1B
        Mar 31, 2023 to Mar 30, 2024
      • Discretionary RAUM · $1.2B to $1.1B
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $1.2B to $1.1B
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $1.2B to $1.1B
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $1.2B to $1.2B
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $1.2B to $1.2B
        Mar 31, 2021 to Mar 31, 2022
      • RAUM · $1.2B to $1.2B
        Mar 31, 2021 to Mar 31, 2022
      • Discretionary RAUM · $1.3B to $1.2B
        Mar 30, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $1.3B to $1.2B
        Mar 30, 2020 to Mar 31, 2021
      • RAUM · $1.3B to $1.2B
        Mar 30, 2020 to Mar 31, 2021
      • Discretionary RAUM · $1.3B to $1.3B
        Mar 29, 2019 to Mar 30, 2020
      • Pooled vehicle RAUM · $1.3B to $1.3B
        Mar 29, 2019 to Mar 30, 2020
      • RAUM · $1.3B to $1.3B
        Mar 29, 2019 to Mar 30, 2020
      • Employees · 7 to 9
        Jun 12, 2018 to Mar 29, 2019
      • Discretionary RAUM · $1.3B to $1.3B
        Jun 12, 2018 to Mar 29, 2019
      • Pooled vehicle RAUM · $1.3B to $1.3B
        Jun 12, 2018 to Mar 29, 2019
      • RAUM · $1.3B to $1.3B
        Jun 12, 2018 to Mar 29, 2019
      • Pooled vehicle clients · unset to 6.0
        Mar 30, 2017 to Mar 29, 2018
      • Other offices · unset to 0.0
        Mar 30, 2017 to Mar 29, 2018
      • Discretionary RAUM · $1.5B to $1.3B
        Mar 30, 2017 to Mar 29, 2018
      • Pooled vehicle RAUM · unset to 1331547309.0
        Mar 30, 2017 to Mar 29, 2018
      • RAUM · $1.5B to $1.3B
        Mar 30, 2017 to Mar 29, 2018
      • Discretionary RAUM · $1.5B to $1.5B
        Aug 29, 2016 to Mar 30, 2017
      Signals
      1 dated events
      • S••••••••• A•••••••• L•• reported RAUM $763.4M, down 27% from $1.0B (2025-03-31 to 2026-03-31)
        Mar 31, 2026 · 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
      s•••••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      212-354-6500reportedpublic record, Form ADV, Mar 31, 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026