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

V•• B•••• V•••• P•••••••• L••

Former SEC-registered adviserNew York, New YorkCRD 136988SEC 801-65614websiteIAPD
Latest filing Mar 24, 2025
First filing on the tape Mar 23, 2012 · 25 filings
SEC status approved since Jan 27, 2006
RAUM
$607M
reported, Item 5.F
Discretionary
5.6%
of RAUM
Private clients
34%
$206M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$607M as of Mar 24, 2025
Mar 23, 2012$756M then
HNW client RAUM$206M as of Mar 24, 2025
Mar 28, 2018$52.6M then
State-registered IARs (5.B.3)0 as of Mar 24, 2025
Mar 23, 20120 then
Employees (5.A)5 as of Mar 24, 2025
Apr 1, 20139 then
Private funds2 as of Mar 24, 2025
Mar 23, 20123 then
RAUM -0.9% over the last fiscal year-27% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 24, 2025; 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
$55.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
5.6%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
-0.9%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, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
yesreportedItem 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)
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$206M87%
  • Pooled investment vehicles$31.4M13%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
11reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, fixed, 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
      8 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • K••••• S•••••• M•••••• · Chief Financial Officercontrol
        since 09/2008 · owns less than 5%
      • V•• B••••• M•••••• · Ceocontrol
        since 07/2004 · owns 50% to 75%
      • H•••• J••••••• T• · Partial Owner
        since 03/2022 · owns 5% to 10%
      • R••••• C••••••• M••••• · Partial Owner
        since 07/2011 · owns 5% to 10%
      • H•••• J••••••• T• · Trustee
        since 03/2022 · owns F of V•• B•••• F••••• 2••• G•• T••••
      Entity owners
      • V•• B•••• F••••• 2••• G•• T•••• · Partial Owner
        direct · owns 5% to 10%
      Related persons
      Schedule D 7.A
      • V•• B•••• • C••••••• L••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Advisory employees · 4 to 3
        Aug 23, 2024 to Mar 24, 2025
      • Employees · 6 to 5
        Aug 23, 2024 to Mar 24, 2025
      • Financial planning clients · unset to
        Aug 23, 2024 to Mar 24, 2025
      • Discretionary RAUM · $34.1M to $34.0M
        Aug 23, 2024 to Mar 24, 2025
      • HNW RAUM · $234M to $206M
        Aug 23, 2024 to Mar 24, 2025
      • Non-discretionary RAUM · $579M to $573M
        Aug 23, 2024 to Mar 24, 2025
      • Pooled vehicle RAUM · $31.9M to $31.4M
        Aug 23, 2024 to Mar 24, 2025
      • RAUM · $613M to $607M
        Aug 23, 2024 to Mar 24, 2025
      • Accounts · 16 to 11
        Mar 21, 2023 to Mar 26, 2024
      • Pooled vehicle clients · 7 to 2
        Mar 21, 2023 to Mar 26, 2024
      • Private funds · 5 to 2
        Mar 21, 2023 to Mar 26, 2024
      • Discretionary RAUM · $185M to $34.1M
        Mar 21, 2023 to Mar 26, 2024
      • HNW RAUM · $44.3M to $234M
        Mar 21, 2023 to Mar 26, 2024
      • Non-discretionary RAUM · $619M to $579M
        Mar 21, 2023 to Mar 26, 2024
      • Pooled vehicle RAUM · $183M to $31.9M
        Mar 21, 2023 to Mar 26, 2024
      • RAUM · $804M to $613M
        Mar 21, 2023 to Mar 26, 2024
      • Advisory activities · 3 to 4
        Jun 27, 2022 to Mar 21, 2023
      • Discretionary RAUM · $1.3B to $185M
        Jun 27, 2022 to Mar 21, 2023
      • HNW RAUM · $53.9M to $44.3M
        Jun 27, 2022 to Mar 21, 2023
      • Non-discretionary RAUM · $267M to $619M
        Jun 27, 2022 to Mar 21, 2023
      • Pension RAUM · 997366904.0 to unset
        Jun 27, 2022 to Mar 21, 2023
      • Pooled vehicle RAUM · $298M to $183M
        Jun 27, 2022 to Mar 21, 2023
      • RAUM · $1.6B to $804M
        Jun 27, 2022 to Mar 21, 2023
      • Accounts · 15 to 16
        Mar 31, 2021 to Mar 24, 2022
      • Pooled vehicle clients · 6 to 7
        Mar 31, 2021 to Mar 24, 2022
      • Private funds · 4 to 5
        Mar 31, 2021 to Mar 24, 2022
      • Discretionary RAUM · $1.1B to $1.3B
        Mar 31, 2021 to Mar 24, 2022
      • HNW RAUM · $56.4M to $53.9M
        Mar 31, 2021 to Mar 24, 2022
      • Non-discretionary RAUM · $256M to $267M
        Mar 31, 2021 to Mar 24, 2022
      • Pension RAUM · $921M to $997M
        Mar 31, 2021 to Mar 24, 2022
      • Pooled vehicle RAUM · $196M to $298M
        Mar 31, 2021 to Mar 24, 2022
      • RAUM · $1.4B to $1.6B
        Mar 31, 2021 to Mar 24, 2022
      • Accounts · 13 to 15
        Jul 14, 2020 to Mar 31, 2021
      • Discretionary RAUM · $200M to $1.1B
        Jul 14, 2020 to Mar 31, 2021
      • HNW RAUM · $57.3M to $56.4M
        Jul 14, 2020 to Mar 31, 2021
      • Non-discretionary RAUM · $641M to $256M
        Jul 14, 2020 to Mar 31, 2021
      • Pension RAUM · $400M to $921M
        Jul 14, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $198M to $196M
        Jul 14, 2020 to Mar 31, 2021
      • RAUM · $841M to $1.4B
        Jul 14, 2020 to Mar 31, 2021
      • HNW clients · 1.0 to unset
        Mar 19, 2019 to Mar 30, 2020
      Signals
      4 dated events
      • V•• B•••• V•••• P•••••••• L•• no longer on the SEC adviser roster (last listed 2025-09-02, RAUM $606.9M)
        Dec 20, 2025 · Left the SEC roster · derived
      • V•• B•••• V•••• P•••••••• L•• reported RAUM $803.5M, down 49% from $1.6B (2022-06-27 to 2023-03-21)
        Mar 21, 2023 · RAUM change · derived
      • V•• B•••• V•••• P•••••••• L•• reported RAUM $1.4B, up 64% from $841.4M (2020-07-14 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • V•• B•••• V•••• P•••••••• L•• reported RAUM $839.4M, up 44% from $583.2M (2017-08-10 to 2018-03-28)
        Mar 28, 2018 · 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.
      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