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•••• C•••••• S••••••••• L•••
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 29 filings
SEC status approved since Jan 20, 2006
RAUM
$1.7B
reported, Item 5.F
Discretionary
89%
of RAUM
Private clients
77%
$1.3B individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$1.7B
derived; firm RAUM over IAPD count
Employees
14
9 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
1
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$1.7B as of Mar 31, 2026
Mar 30, 2012$5.2B then
HNW client RAUM$1.1B as of Mar 31, 2026
Mar 30, 2018$1.2B then
State-registered IARs (5.B.3)1 as of Mar 31, 2026
Apr 1, 20131 then
Employees (5.A)14 as of Mar 31, 2026
Apr 1, 201333 then
Private funds1 as of Mar 31, 2026
Mar 30, 20127 then
RAUM +33% over the last fiscal year+18% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $1.7BderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 250derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $8.1MderivedHNW RAUM over HNW clients
- Average account
- $6.3MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 89%derivedof RAUM
- Institutional
- 13%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 14.0derivedItem 5.A over advisors
- Advisors per office
- 0.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +33%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -0.4%derived
- 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 vehiclesreportedItem 5.G
- Custody
- $19.1M, 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)
- 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)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.1B65%
- Individuals$210M13%
- Pension and profit-sharing plans$139M8.4%
- Banks and thrifts$117M7.1%
- Charitable organizations$73.1M4.4%
- Pooled investment vehicles$20.9M1.3%
- Corporations and businesses$19.9M1.2%
- Individual clients
- 118reported
- HNW clients
- 132reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 265reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $19.1M for 1 clientsreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.77 fund_share=0.01 institutional_share=0.13 related_bd=false related_bank=true bd_reps=0.0 bank_owner=falsederived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| J••• A••••• L•••• | New York, Ny | Apr 25, 2006 | 40 y | 1 |
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
- J••• A••••• L•••• from B•• A•••• M••••••••• I•••Apr 25, 2006 · Other
Private funds
9 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| B••••••••• D••••••••• M••••• F•••• L••• ••••• L•••• C•••••• T•••••• M••••• F••• L••••no longer reported | Hedge Fund | $111M | 41 | Mar 30, 2012 |
| L••••• A••••••••• M••••• F•••• L•••no longer reported | Hedge Fund | $22.0M | 17 | Mar 30, 2012 |
| L••••• A••••••••• F•••• L•••no longer reported | Hedge Fund | $21.6M | 15 | Mar 31, 2014 |
| B••••••••• D••••••••• F•••• L••• | Hedge Fund | $20.9M | 21 | Mar 29, 2019 |
| N• C•••••• P••••••• L•••no longer reported | Hedge Fund | $19.2M | 22 | Mar 30, 2012 |
| N• C•••••• M••••• F••• L•••no longer reported | Hedge Fund | $15.1M | 22 | Mar 30, 2012 |
| S•••••• P•••••••• L•••no longer reported | Hedge Fund | $10.7M | 14 | Mar 30, 2012 |
| I••••• D•••• P•••••••• L•••no longer reported | Hedge Fund | $4.2M | 13 | Mar 30, 2012 |
| I••••• D•••• O•••••••• L••• ••••• D• • E•no longer reported | Hedge Fund | $2.9M | 2 | Mar 30, 2012 |
Owners and control persons
Schedule A and B, latest filing
- L••••• E•••••••• · Trustee (J••• A. L•••• Trust)controlsince 09/2005 · owns less than 5%
- L••••• J•••• A••••• · Chairman And Ceocontrolsince 09/2005 · owns 10% to 25%
- M•••••• J•••• W•••••• · Chief Invesmtent Officercontrolsince 02/2026 · owns less than 5%
- O••••••• R••••••• F•••••• · Chief Compliance Officercontrolsince 06/2020 · owns less than 5%
- R•••••• E•••• H••••• · Presidentcontrolsince 06/2021 · owns less than 5%
- L••••• J•••• A••••• · Managing Membercontrolsince 09/2005 · owns 75% or more of L•••• C•••••• S••••••••• G•• L••
Entity owners
- J••• A• L•••• 2••• G••• · Limited Partnerdirect · owns 75% or more
- J••• A• L•••• 2••• S••••••••• T•••• · Limited Partnerdirect · owns 75% or more
- L•••• C•••••• S••••••••• G•• L•• · General Partnerdirect · owns less than 5%
Related persons
Schedule D 7.A
- L••• L••investment adviserpooled vehicle sponsory
- R•••• P••••••• C•••••• M••••••••• G•• L••pooled vehicle sponsory
- R•••• P••••••• C•••••• M••••••••• L•investment adviserinsurancepooled vehicle sponsoryRAUM $1.3B
- R• T••• L••insurancey
Advisers that list L•••• C•••••• S••••••••• L••• as a related person
- 172496 n
Offices
Schedule D 1.F, the 25 largest
- Miami, FL1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Mar 31, 2026M•••••• J•••• W•••••• (CHIEF INVESMTENT OFFICER) appeared on Schedule A between the filings of 2021-07-09 and 2026-03-31peers: independent wealth managers, $1B to $5B (1,362)
- institutional asset share shiftChange between filings · filing Mar 31, 2026institutional share of RAUM moved from 5.0% to 21.0% between the annual amendments of 2025-03-31 and 2026-03-31peers: independent wealth managers, $1B to $5B (1,362)
What changed
consecutive filings, newest first
- Accounts · 261 to 265Mar 31, 2025 to Mar 31, 2026
- Advisory employees · 6 to 9Mar 31, 2025 to Mar 31, 2026
- HNW clients · 126 to 132Mar 31, 2025 to Mar 31, 2026
- Individual clients · 125 to 118Mar 31, 2025 to Mar 31, 2026
- Assets in custody · $33.1M to $19.1MMar 31, 2025 to Mar 31, 2026
- Employees · 11 to 14Mar 31, 2025 to Mar 31, 2026
- Discretionary RAUM · $1.2B to $1.5BMar 31, 2025 to Mar 31, 2026
- HNW RAUM · $961M to $1.1BMar 31, 2025 to Mar 31, 2026
- Individual RAUM · $187M to $210MMar 31, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $0 to $187MMar 31, 2025 to Mar 31, 2026
- Pension RAUM · $3.3M to $139MMar 31, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $33.1M to $20.9MMar 31, 2025 to Mar 31, 2026
- RAUM · $1.2B to $1.7BMar 31, 2025 to Mar 31, 2026
- Accounts · 260 to 261May 29, 2024 to Mar 31, 2025
- Advisory employees · 7 to 6May 29, 2024 to Mar 31, 2025
- HNW clients · 128 to 126May 29, 2024 to Mar 31, 2025
- Individual clients · 121 to 125May 29, 2024 to Mar 31, 2025
- Assets in custody · $52.4M to $33.1MMay 29, 2024 to Mar 31, 2025
- Employees · 13 to 11May 29, 2024 to Mar 31, 2025
- Financial planning clients · 0 to 0May 29, 2024 to Mar 31, 2025
- Discretionary RAUM · $1.1B to $1.2BMay 29, 2024 to Mar 31, 2025
- HNW RAUM · $791M to $961MMay 29, 2024 to Mar 31, 2025
- Individual RAUM · $181M to $187MMay 29, 2024 to Mar 31, 2025
- Pension RAUM · $2.1M to $3.3MMay 29, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $52.4M to $33.1MMay 29, 2024 to Mar 31, 2025
- RAUM · $1.1B to $1.2BMay 29, 2024 to Mar 31, 2025
- Accounts · 261 to 260Nov 14, 2023 to Mar 29, 2024
- HNW clients · 131 to 128Nov 14, 2023 to Mar 29, 2024
- Assets in custody · $43.4M to $52.4MNov 14, 2023 to Mar 29, 2024
- Discretionary RAUM · $1.0B to $1.1BNov 14, 2023 to Mar 29, 2024
- HNW RAUM · $762M to $791MNov 14, 2023 to Mar 29, 2024
- Individual RAUM · $162M to $181MNov 14, 2023 to Mar 29, 2024
- Pension RAUM · $1.3M to $2.1MNov 14, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $43.4M to $52.4MNov 14, 2023 to Mar 29, 2024
- RAUM · $1.0B to $1.1BNov 14, 2023 to Mar 29, 2024
- Advisory employees · 9 to 7Nov 3, 2022 to Mar 31, 2023
- HNW clients · 86 to 131Nov 3, 2022 to Mar 31, 2023
- Individual clients · 49 to 121Nov 3, 2022 to Mar 31, 2023
- Assets in custody · $89.6M to $43.4MNov 3, 2022 to Mar 31, 2023
- Employees · 9 to 13Nov 3, 2022 to Mar 31, 2023
Signals
10 dated events
- L•••• C•••••• S••••••••• L••• reported RAUM $1.7B, up 33% from $1.2B (2025-03-31 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- H••••• E••• R••••• (President) appeared on Schedule A of L•••• C•••••• S••••••••• L•••Jul 9, 2021 · Control person joined · fact
- Francis Raymond Ottusch (Chief Compliance Officer) appeared on Schedule A of L•••• C•••••• S••••••••• L•••Jun 24, 2020 · Control person joined · fact
- F•••• E••• C•••••••• (Chief Compliance Officer) no longer on Schedule A of L•••• C•••••• S••••••••• L••• (listed 2020-03-30, absent 2020-06-24)Jun 24, 2020 · Control person left · inference
- F•••• E••• C•••••••• (Chief Compliance Officer) appeared on Schedule A of L•••• C•••••• S••••••••• L•••Oct 15, 2019 · Control person joined · fact
- Scott Richard Root (Chief Financial Officer) no longer on Schedule A of L•••• C•••••• S••••••••• L••• (listed 2019-03-29, absent 2019-04-08)Apr 8, 2019 · Control person left · inference
- Kay Grace Bosserman (Chief Operating Officer) no longer on Schedule A of L•••• C•••••• S••••••••• L••• (listed 2019-03-29, absent 2019-04-08)Apr 8, 2019 · Control person left · inference
- Adam Glenn Aigen (President) no longer on Schedule A of L•••• C•••••• S••••••••• L••• (listed 2019-03-29, absent 2019-04-08)Apr 8, 2019 · Control person left · inference
- L•••• C•••••• S••••••••• L••• reported RAUM $1.3B, down 80% from $6.5B (2019-03-29 to 2019-04-08)Apr 8, 2019 · RAUM change · derived
- Edward Daniel Aron (Head Trader) no longer on Schedule A of L•••• C•••••• S••••••••• L••• (listed 2018-12-10, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
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
- L••••CAP.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 212-259-0800reportedpublic 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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $1.7Bderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026