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•••••• M••••••••• L••
Latest filing Mar 25, 2020
First filing on the tape Apr 4, 2012 · 13 filings
RAUM
$144M
reported, Item 5.F
Discretionary
66%
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
8
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
$97.0M gross assets
History
13 filings and snapshots on the tape
RAUM$144M as of Mar 25, 2020
Apr 4, 2012$994M then
HNW client RAUM$0 as of Mar 25, 2020
Mar 27, 2018$0 then
State-registered IARs (5.B.3)1 as of Mar 25, 2020
Apr 4, 20120 then
Employees (5.A)8 as of Mar 25, 2020
Mar 28, 20135 then
Private funds1 as of Mar 25, 2020
Apr 4, 20124 then
RAUM +3.3% over the last fiscal year-25% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 25, 2020; every figure names its basis
- RAUM per advisor
- $144MderivedRAUM 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
- $71.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 66%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 8.0derivedItem 5.A over advisors
- Advisors per office
- 0.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +3.3%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, otherreportedItem 5.E
- Advisory activities
- portfolio management for businesses and institutions, otherreportedItem 5.G
- Custody
- $265,786, 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$94.1M100%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 2reported
- Financial planning clients
- n/areported
- Wrap fee programs
- noreported
- Custody of client assets
- $265,786 for 1 clientsreported
- Compensation
- % of AUMreported
- 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
- K•••••• R•••••• S•••• to C•••• • C•••••• F•••••••• M••••••••• L••Mar 31, 2021 · Other
Joined, latest
- K•••••• R•••••• S•••• from B•••••••• C•••••• M••••••••• L••Mar 21, 2017 · Other
Private funds
3 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| D•••••• C•• I•• L••no longer reported | Securitized Asset Fund | $284M | 0 | Apr 4, 2012 |
| D•••••• C•• I• L••no longer reported | Securitized Asset Fund | $184M | 0 | Apr 4, 2012 |
| D•••••• E••••• C•• I• P••no longer reported | Securitized Asset Fund | $141M | 0 | Apr 4, 2012 |
Owners and control persons
Schedule A and B, latest filing
- C••••• D•••••• G••••• · Chairmancontrolsince 06/2003 · owns less than 5%
- D•••••••• A•••••• K•••••• · Chief Operating Officercontrolsince 04/2018 · owns less than 5%
- P•••••• J•••••• W•••••• · Chief Financial Officercontrolsince 11/2007 · owns less than 5%
- S••••• K••••••• R•••••• · Chief Compliance Officercontrolsince 02/2017 · owns less than 5%
- C••••• D•••••• G••••• · Membercontrolsince 10/2001 · owns 75% or more of C•••• B•••• F••••••••• L••
Entity owners
- D•••••• I••••••••• L•• · Memberdirect · owns 75% or more
- C•••• • C••••••• I•••• · Memberindirect · owns 50% to 75% of C•••• • C••••••• L••• •••••• C•••• B•••••••• L••• · public reporting company
- C•••• • C••••••• L••• •••••• C•••• B•••••••• L••• · Memberindirect · owns 75% or more of D•••••• I••••••••• L••
- C•••• B•••• F••••••••• L•• · Memberindirect · owns 25% to 50% of C•••• • C••••••• L••• •••••• C•••• B•••••••• L•••
Related persons
Schedule D 7.A
- C•••• • C•••••• F•••••••• L••••••broker-dealerinvestment advisern
- C•••• • C•••••• F•••••••• M••••••••• L••investment advisernRAUM $237M
- J••••• F•••••••• G••••• L••broker-dealern
Advisers that list D•••••• C•••••• M••••••••• L•• as a related person
- 134956 n
Offices
Schedule D 1.F, the 25 largest
- Philadelphia, PA
What changed
consecutive filings, newest first
- Assets in custody · $373,354 to $265,786Mar 29, 2019 to Mar 25, 2020
- Discretionary RAUM · $97.0M to $94.1MMar 29, 2019 to Mar 25, 2020
- Non-discretionary RAUM · $42.0M to $49.5MMar 29, 2019 to Mar 25, 2020
- Pooled vehicle RAUM · $97.0M to $94.1MMar 29, 2019 to Mar 25, 2020
- RAUM · $139M to $144MMar 29, 2019 to Mar 25, 2020
- Advisory activities · 1 to 2Mar 27, 2018 to Mar 29, 2019
- BD registered reps · 2 to 3Mar 27, 2018 to Mar 29, 2019
- Pooled vehicle clients · 2 to 1Mar 27, 2018 to Mar 29, 2019
- Assets in custody · $1.2M to $373,354Mar 27, 2018 to Mar 29, 2019
- Employees · 5 to 8Mar 27, 2018 to Mar 29, 2019
- HQ city · PHILADELPHIA to NEW YORKMar 27, 2018 to Mar 29, 2019
- HQ state · PA to NYMar 27, 2018 to Mar 29, 2019
- Private funds · 2 to 1Mar 27, 2018 to Mar 29, 2019
- Discretionary RAUM · $285M to $97.0MMar 27, 2018 to Mar 29, 2019
- Non-discretionary RAUM · $0 to $42.0MMar 27, 2018 to Mar 29, 2019
- Pooled vehicle RAUM · $285M to $97.0MMar 27, 2018 to Mar 29, 2019
- RAUM · $285M to $139MMar 27, 2018 to Mar 29, 2019
- Charity clients · unset to 0.0Mar 31, 2017 to Mar 27, 2018
- Corporate clients · unset to 0.0Mar 31, 2017 to Mar 27, 2018
- HNW clients · unset to 0.0Mar 31, 2017 to Mar 27, 2018
- Individual clients · unset to 0.0Mar 31, 2017 to Mar 27, 2018
- Pension plan clients · unset to 0.0Mar 31, 2017 to Mar 27, 2018
- Pooled vehicle clients · unset to 2.0Mar 31, 2017 to Mar 27, 2018
- Assets in custody · $100,000 to $1.2MMar 31, 2017 to Mar 27, 2018
- Other offices · unset to 1.0Mar 31, 2017 to Mar 27, 2018
- Discretionary RAUM · $346M to $285MMar 31, 2017 to Mar 27, 2018
- HNW RAUM · unset to 0.0Mar 31, 2017 to Mar 27, 2018
- Individual RAUM · unset to 0.0Mar 31, 2017 to Mar 27, 2018
- Pension RAUM · unset to 0.0Mar 31, 2017 to Mar 27, 2018
- Pooled vehicle RAUM · unset to 285090680.0Mar 31, 2017 to Mar 27, 2018
- RAUM · $346M to $285MMar 31, 2017 to Mar 27, 2018
- BD registered reps · 0 to 2Mar 9, 2017 to Mar 30, 2017
- Assets in custody · unset to 100000.0Mar 9, 2017 to Mar 30, 2017
- Custody of client assets · false to trueMar 9, 2017 to Mar 30, 2017
- Employees · 4 to 5Mar 9, 2017 to Mar 30, 2017
- Insurance-licensed employees · 0 to 1Mar 9, 2017 to Mar 30, 2017
- State-registered IARs · 0 to 1Mar 9, 2017 to Mar 30, 2017
- Discretionary RAUM · $473M to $346MMar 9, 2017 to Mar 30, 2017
- RAUM · $473M to $346MMar 9, 2017 to Mar 30, 2017
- Discretionary RAUM · $514M to $473MMar 31, 2015 to Mar 30, 2016
Signals
2 dated events
- D•••••• C•••••• M••••••••• L•• reported RAUM $139.0M, down 51% from $285.1M (2018-03-27 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
- Kenneth Andrew Davilman (Chief Operating Officer) appeared on Schedule A of D•••••• C•••••• M••••••••• L••Mar 29, 2019 · Control person joined · fact
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