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
L• • B• R••••• A•••••••• L••
Latest filing Mar 20, 2026
First filing on the tape Mar 30, 2012 · 17 filings
SEC status approved since Aug 31, 2005
RAUM
$218,557
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$36,426
derived; firm RAUM over IAPD count
Employees
70
55 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$218,557 as of Mar 20, 2026
Mar 30, 2012$452M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 20, 2026
Mar 30, 20120 then
Employees (5.A)70 as of Mar 20, 2026
Mar 28, 2013101 then
Private funds: 3
RAUM -18% over the last fiscal year-59% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 20, 2026; every figure names its basis
- RAUM per advisor
- $36,426derivedRAUM 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
- $218,557derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 11.7derivedItem 5.A over advisors
- Advisors per office
- 6.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -18%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 vehicles, pension consultingreportedItem 5.G
- Custody
- $36.0M, 9 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$218,557100%
- Individual clients
- n/areported
- HNW clients
- 1reported
- Pension plan clients
- 3reported
- Charitable clients
- n/areported
- Accounts
- 1reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $36.0M for 9 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=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| D••••• L••••••••• P•••••• | Dallas, Tx | Sep 24, 2012 | 42 y | 0 |
| S••••• S••••• C•••• | Dallas, Tx | Sep 24, 2012 | 31 y | 0 |
| M••• P••• F•••••• | Dallas, Tx | Sep 24, 2012 | 38 y | 0 |
| C•••••••• M•••• M••••• | Dallas, Tx | Sep 24, 2012 | 31 y | 0 |
| E••• R••••• S•••• | Dallas, Tx | Sep 24, 2012 | 25 y | 0 |
| G••••• A•••••• S•••• | Dallas, Tx | Sep 24, 2012 | 45 y | 0 |
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
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
3 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| L•• C••• I••••• P•••••••• L•••no longer reported | Real Estate Fund | $256M | 7 | Mar 30, 2012 |
| L•• D••••••••• S••••••• P•••••••• L•no longer reported | Real Estate Fund | $176M | 3 | Mar 30, 2012 |
| L•• M•••••• P••••••••• P•••••••• L•••no longer reported | Real Estate Fund | $20.0M | 17 | Mar 30, 2012 |
Owners and control persons
Schedule A and B, latest filing
- H•••••• J•••••••• A•• · Chief Compliance Officercontrolsince 02/2021 · owns less than 5%
- P••••••• D•••••• L••••••••• · Partner & Chief Investment Officercontrolsince 07/2005 · owns 50% to 75%
- S••••• G•••••• A•••••• · Managing Partnercontrolsince 07/2005 · owns 50% to 75%
Related persons
Schedule D 7.A
- L•• C••• I••••• P••••••• G•• L•••pooled vehicle sponsory
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Dallas, Tx · principal | 6 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Advisory employees · 56 to 55Mar 27, 2025 to Mar 20, 2026
- Assets in custody · $26.8M to $36.0MMar 27, 2025 to Mar 20, 2026
- Employees · 85 to 70Mar 27, 2025 to Mar 20, 2026
- Discretionary RAUM · $265,111 to $218,557Mar 27, 2025 to Mar 20, 2026
- Pooled vehicle RAUM · $265,111 to $218,557Mar 27, 2025 to Mar 20, 2026
- RAUM · $265,111 to $218,557Mar 27, 2025 to Mar 20, 2026
- Advisory employees · 53 to 56Mar 27, 2024 to Mar 27, 2025
- Assets in custody · $31.2M to $26.8MMar 27, 2024 to Mar 27, 2025
- Employees · 82 to 85Mar 27, 2024 to Mar 27, 2025
- Financial planning clients · unset to Mar 27, 2024 to Mar 27, 2025
- Discretionary RAUM · $177,379 to $265,111Mar 27, 2024 to Mar 27, 2025
- Pooled vehicle RAUM · $177,379 to $265,111Mar 27, 2024 to Mar 27, 2025
- RAUM · $177,379 to $265,111Mar 27, 2024 to Mar 27, 2025
- Assets in custody · $22.5M to $31.2MMar 29, 2023 to Mar 27, 2024
- Employees · 71 to 82Mar 29, 2023 to Mar 27, 2024
- Discretionary RAUM · $3.1M to $177,379Mar 29, 2023 to Mar 27, 2024
- Pooled vehicle RAUM · $3.1M to $177,379Mar 29, 2023 to Mar 27, 2024
- RAUM · $3.1M to $177,379Mar 29, 2023 to Mar 27, 2024
- HNW clients · unset to 1.0Mar 31, 2022 to Mar 29, 2023
- Pension plan clients · 4 to 3Mar 31, 2022 to Mar 29, 2023
- Assets in custody · $43.0M to $22.5MMar 31, 2022 to Mar 29, 2023
- Employees · 67 to 71Mar 31, 2022 to Mar 29, 2023
- Discretionary RAUM · $146M to $3.1MMar 31, 2022 to Mar 29, 2023
- Pooled vehicle RAUM · $146M to $3.1MMar 31, 2022 to Mar 29, 2023
- RAUM · $146M to $3.1MMar 31, 2022 to Mar 29, 2023
- Advisory employees · 50 to 53Mar 31, 2021 to Mar 31, 2022
- Pension plan clients · unset to 4.0Mar 31, 2021 to Mar 31, 2022
- Assets in custody · $28.4M to $43.0MMar 31, 2021 to Mar 31, 2022
- Employees · 86 to 67Mar 31, 2021 to Mar 31, 2022
- Discretionary RAUM · $271M to $146MMar 31, 2021 to Mar 31, 2022
- Pooled vehicle RAUM · $271M to $146MMar 31, 2021 to Mar 31, 2022
- RAUM · $271M to $146MMar 31, 2021 to Mar 31, 2022
- Advisory employees · 53 to 50Mar 26, 2020 to Mar 31, 2021
- Assets in custody · $36.6M to $28.4MMar 26, 2020 to Mar 31, 2021
- Employees · 85 to 86Mar 26, 2020 to Mar 31, 2021
- Discretionary RAUM · $283M to $271MMar 26, 2020 to Mar 31, 2021
- Pooled vehicle RAUM · $283M to $271MMar 26, 2020 to Mar 31, 2021
- RAUM · $283M to $271MMar 26, 2020 to Mar 31, 2021
- Assets in custody · $17.3M to $36.6MMar 29, 2019 to Mar 26, 2020
- Employees · 89 to 85Mar 29, 2019 to Mar 26, 2020
Signals
4 dated events
- L• • B• R••••• A•••••••• L•• reported RAUM $3.1M, down 98% from $146.3M (2022-03-31 to 2023-03-29)Mar 29, 2023 · RAUM change · derived
- L• • B• R••••• A•••••••• L•• reported RAUM $146.3M, down 46% from $271.0M (2021-03-31 to 2022-03-31)Mar 31, 2022 · RAUM change · derived
- Ann J••••••• H••••• (Chief Compliance Officer) appeared on Schedule A of L• • B• R••••• A•••••••• L••Mar 31, 2021 · Control person joined · fact
- L• • B• R••••• A•••••••• L•• reported RAUM $283.3M, down 62% from $752.7M (2019-03-29 to 2020-03-26)Mar 26, 2020 · 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
- Firm profile
- linkedin.com/company/l&b-realty-advisors-llpreportedpublic record, Form ADV, Sep 19, 2026
- Website
- LBR•••••.COMreportedpublic record, Form ADV, Sep 19, 2026
- Principal office phone
- 214-989-0800reportedpublic record, Form ADV, Mar 20, 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
- $36,426derivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026
Across the graphs
L• • B• R••••• A•••••••• L•• is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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