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

R•• C••••••• L••

Former SEC-registered adviserNaples, FloridaCRD 136634SEC 801-65879websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 29, 2012 · 19 filings
SEC status approved since Feb 1, 2006
RAUM
$2.6B
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
7
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
3
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$2.6B as of Mar 31, 2026
Mar 29, 2012$208M then
HNW client RAUM$98.2M as of Mar 29, 2019
Mar 23, 2018$128M then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 29, 20120 then
Employees (5.A)7 as of Mar 31, 2026
Mar 28, 20134 then
Private funds3 as of Mar 31, 2026
Mar 29, 20124 then
RAUM -15% over the last fiscal year+5.0% 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
$118MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
42%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
-15%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
$1.0B, 3 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
  • 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)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$1.0B39%
  • Charitable organizations$920M35%
  • Corporations and businesses$281M11%
  • Other investment advisers$212M8.2%
  • Pension and profit-sharing plans$184M7.1%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
10reported
Accounts
22reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$1.0B for 3 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
      7 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      R•• V•••• O••••••••• F••• I•• L•Hedge Fund$477M36Mar 29, 2012
      R•• V•••• O••••••••• F•••• L•Hedge Fund$330M80Mar 29, 2012
      R•• V•••• O••••••••• F••• I•• L•Hedge Fund$244M8Mar 29, 2012
      B•••••••• P•••••••• L•• • R•• C••••no longer reportedHedge Fund$162M2Mar 28, 2013
      R•• V•••• O••••••••• F••• I••• L•Hedge Fund$93.3M2Mar 29, 2012
      P•••••• L•no longer reportedHedge Fund$34.1M2Mar 28, 2013
      R•• S•• F••• I• L•no longer reportedPrivate Equity Fund$15.6M21Mar 29, 2019
      Owners and control persons
      Schedule A and B, latest filing
      • M••••• R•••••• G••• · Managing Membercontrol
        since 04/2003 · owns 25% to 50%
      • C••••••• E•••••• T•••••• · Chief Operating Officer
        since 02/2006 · owns less than 5%
      • M••••••••• W••••••• C•••• · Chief Compliance Officer
        since 03/2022 · owns less than 5%
      Entity owners
      • M•••• F••••• T•••• · Member
        direct · owns 50% to 75%
      • A•• M•••• · Trustee, M•••• F••••• T••••
        direct · owns 50% to 75%
      Related persons
      Schedule D 7.A
      • R•• G•• L••
        pooled vehicle sponsorn
      • R•• W••••• P•••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · $1.1B to $1.0B
        Mar 28, 2025 to Mar 31, 2026
      • Discretionary RAUM · $3.1B to $2.6B
        Mar 28, 2025 to Mar 31, 2026
      • Pension RAUM · $238M to $184M
        Mar 28, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $1.1B to $1.0B
        Mar 28, 2025 to Mar 31, 2026
      • RAUM · $3.1B to $2.6B
        Mar 28, 2025 to Mar 31, 2026
      • Advisory employees · 6 to 5
        Mar 29, 2024 to Mar 28, 2025
      • Charity clients · 9 to 10
        Mar 29, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 4 to 3
        Mar 29, 2024 to Mar 28, 2025
      • Assets in custody · $1.1B to $1.1B
        Mar 29, 2024 to Mar 28, 2025
      • Employees · 8 to 7
        Mar 29, 2024 to Mar 28, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Mar 28, 2025
      • Private funds · 4 to 3
        Mar 29, 2024 to Mar 28, 2025
      • Discretionary RAUM · $2.9B to $3.1B
        Mar 29, 2024 to Mar 28, 2025
      • Pension RAUM · $248M to $238M
        Mar 29, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $1.1B to $1.1B
        Mar 29, 2024 to Mar 28, 2025
      • RAUM · $2.9B to $3.1B
        Mar 29, 2024 to Mar 28, 2025
      • Accounts · 24 to 22
        Mar 29, 2023 to Mar 29, 2024
      • Charity clients · 10 to 9
        Mar 29, 2023 to Mar 29, 2024
      • Assets in custody · $772M to $1.1B
        Mar 29, 2023 to Mar 29, 2024
      • Discretionary RAUM · $2.2B to $2.9B
        Mar 29, 2023 to Mar 29, 2024
      • Pension RAUM · $217M to $248M
        Mar 29, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $772M to $1.1B
        Mar 29, 2023 to Mar 29, 2024
      • RAUM · $2.2B to $2.9B
        Mar 29, 2023 to Mar 29, 2024
      • Advisory employees · 4 to 6
        Mar 25, 2022 to Mar 29, 2023
      • Assets in custody · $990M to $772M
        Mar 25, 2022 to Mar 29, 2023
      • Employees · 6 to 8
        Mar 25, 2022 to Mar 29, 2023
      • Discretionary RAUM · $3.0B to $2.2B
        Mar 25, 2022 to Mar 29, 2023
      • Pension RAUM · $346M to $217M
        Mar 25, 2022 to Mar 29, 2023
      • Pooled vehicle RAUM · $990M to $772M
        Mar 25, 2022 to Mar 29, 2023
      • RAUM · $3.0B to $2.2B
        Mar 25, 2022 to Mar 29, 2023
      • Pooled vehicle clients · 5 to 4
        Mar 30, 2021 to Mar 25, 2022
      • Assets in custody · $923M to $990M
        Mar 30, 2021 to Mar 25, 2022
      • Private funds · 5 to 4
        Mar 30, 2021 to Mar 25, 2022
      • Discretionary RAUM · $2.7B to $3.0B
        Mar 30, 2021 to Mar 25, 2022
      • Pension RAUM · $305M to $346M
        Mar 30, 2021 to Mar 25, 2022
      • Pooled vehicle RAUM · $923M to $990M
        Mar 30, 2021 to Mar 25, 2022
      • RAUM · $2.7B to $3.0B
        Mar 30, 2021 to Mar 25, 2022
      • Assets in custody · $633M to $923M
        Mar 27, 2020 to Mar 30, 2021
      • Discretionary RAUM · $2.0B to $2.7B
        Mar 27, 2020 to Mar 30, 2021
      • Pension RAUM · $226M to $305M
        Mar 27, 2020 to Mar 30, 2021
      Signals
      5 dated events
      • R•• C••••••• L•• no longer on the SEC adviser roster (last listed 2026-06-01, RAUM $2.6B)
        Jul 1, 2026 · Left the SEC roster · derived
      • R•• C••••••• L•• reported RAUM $2.9B, up 29% from $2.2B (2023-03-29 to 2024-03-29)
        Mar 29, 2024 · RAUM change · derived
      • R•• C••••••• L•• reported RAUM $2.2B, down 26% from $3.0B (2022-03-25 to 2023-03-29)
        Mar 29, 2023 · RAUM change · derived
      • R•• C••••••• L•• reported RAUM $2.7B, up 38% from $2.0B (2020-03-27 to 2021-03-30)
        Mar 30, 2021 · RAUM change · derived
      • R•• C••••••• L•• reported RAUM $2.0B, up 45% from $1.4B (2019-06-17 to 2020-03-27)
        Mar 27, 2020 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      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