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

S•••• I•••••••••

Former SEC-registered adviserMilwaukee, WisconsinCRD 137442SEC 801-65300IAPD
Legal name S•••• • R••• L••
Latest filing Jun 6, 2018
First filing on the tape Mar 8, 2012 · 18 filings
RAUM
$306M
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
15
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
22
$231M gross assets
History
18 filings and snapshots on the tape
RAUM$306M as of Mar 29, 2018
Mar 8, 2012$7.8B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 29, 2018
Mar 8, 20120 then
Employees (5.A)15 as of Mar 29, 2018
Mar 27, 201354 then
Private funds22 as of Mar 29, 2018
Mar 8, 201242 then
RAUM -47% over the last fiscal year-33% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 6, 2018; 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
$12.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%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
-47%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 pooled vehiclesreportedItem 5.G
Custody
$205M, 22 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$306M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
25reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$205M for 22 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
Private funds
42 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
S••••••• I••••••••• I••••••••• L•••Hedge Fund$71.8M423Mar 8, 2012
S•••• S••••• A•••• F••• L••Hedge Fund$44.6M398Mar 8, 2012
S••••••• S••••• A•••• L•••Hedge Fund$42.2M488Mar 8, 2012
S•••• I••••••••• L•••••• P•••••••••Hedge Fund$25.4M398Mar 8, 2012
S•••• E••••• I•••••••• L••no longer reportedHedge Fund$21.9M13Mar 8, 2012
S•••• S••••• A•••• M••••• L•••Hedge Fund$10.9M2Mar 8, 2012
S•••• G••••• O••••••••• F••• L•••Hedge Fund$7.1M14Mar 8, 2012
S•••• G••••• O••••••••• M••••• F••• L•••Hedge Fund$6.7M2Mar 8, 2012
S••••••• G••••••• F•••• L•••Hedge Fund$6.6M8Mar 8, 2012
D•••••••• I••••••••• V••••••••• S••••••••• T•••••• L•••no longer reportedHedge Fund$4.3M2Mar 8, 2012
S•••• M••••• F••• L•••Hedge Fund$3.5M3Mar 8, 2012
S•••• A•• O••••••••• M••••• L•••no longer reportedHedge Fund$3.3M19Mar 8, 2012
S•••• A••• M••••• F••• L•••Hedge Fund$2.9M2Mar 8, 2012
D•••••••• I••••••••• V••••••••• S••••••••• F••• L•••no longer reportedHedge Fund$2.9M9Mar 8, 2012
S•••• A••• F••• L•••Hedge Fund$2.6M18Mar 8, 2012
S•••• S•••••••• C•• F••• L••• C•••• 2••• A•no longer reportedHedge Fund$2.3M4Mar 8, 2012
S•••• G••••• O••••••••• F••• L•Hedge Fund$2.2M25Mar 8, 2012
D•••••••• G••••• V•••• P••••••• F••• L••no longer reportedHedge Fund$2.2M17Mar 8, 2012
S•••• M••••••• O••••••••• M••••• L•••no longer reportedHedge Fund$2.1M2Mar 8, 2012
D•••••••• E••••••• E•••• F••• •••• L•••no longer reportedHedge Fund$2.0M12Mar 8, 2012
S•••• M••••••• O••••••••• L•no longer reportedHedge Fund$1.9M15Mar 8, 2012
D•••••••• I••••••••• V••••••••• S••••••••• F••• L••no longer reportedHedge Fund$1.4M9Mar 8, 2012
S•••• A••• F••• L•Hedge Fund$1.1M7Mar 8, 2012
D•••••••• G••••• V•••• P••••••• T•••••• L•••no longer reportedHedge Fund$1.1M2Mar 8, 2012
D•••••••• E••••••• E•••• F••• •••• L•••no longer reportedHedge Fund$1.1M19Mar 8, 2012
S••• O••••••• F•••no longer reportedHedge Fund$1.1M29Mar 8, 2012
S••• O•••••• F•••no longer reportedHedge Fund$948,71445Mar 8, 2012
D•••••••• G••••• M••••••••• F••• L••Hedge Fund$926,25951Mar 8, 2012
S•••• Q•• S•••••••• L•••Hedge Fund$692,8913Mar 8, 2012
D•••••••• G••••• M••••••••• F••• L••••••Hedge Fund$453,65275Mar 8, 2012
D•••••••• G••••• M••••••••• M••••• F••• L•Hedge Fund$383,9782Mar 8, 2012
D•••••••• G••••• V•••• P••••••• F••• L•••no longer reportedHedge Fund$374,7681Mar 8, 2012
D•••••••• E••••••• E•••• M••••• F••• L•••no longer reportedHedge Fund$364,9062Mar 8, 2012
D•••••••• E•••• F••• L•••Hedge Fund$296,94846Mar 8, 2012
S•••• M••••••• O••••••••• L•••no longer reportedHedge Fund$276,3694Mar 8, 2012
D•••••••• E•••• F••• L••Hedge Fund$270,93326Mar 8, 2012
D•••••••• E•••• T•••••• L•••Hedge Fund$112,3012Mar 8, 2012
S•••• C•••••••• F••• L•••Hedge Fund$62,9773Mar 8, 2012
D•••••••• E••••••• E•••• F••• L••no longer reportedHedge Fund$14,5116Mar 8, 2012
S•••• S•••••••• C•• F••• L••• C•••• 2••• A•no longer reportedHedge Fund$03Mar 8, 2012
All funds of S•••• I•••••••••
Owners and control persons
Schedule A and B, latest filing
  • A•••••••• R•••• R••••• · Chief Compliance Officercontrol
    since 07/2013 · owns less than 5%
  • B••••••• R•••••• J•••• · Deputy Chief Investment Officer And Principalcontrol
    since 01/2000 · owns less than 5%
  • M••••••• D•••••• J••••• · Chief Operating Officer, General Counsel And Principalcontrol
    since 01/2006 · owns less than 5%
  • R•••• M••••••• A•••••• · Executive Vice Presidentcontrol
    since 08/1993 · owns less than 5%
  • S••••• B••••• J•• · Chief Executive Officer And Chief Investment Officercontrol
    since 08/1993 · owns less than 5%
  • T••••••• J•••••• R•• · Chief Financial Officercontrol
    since 01/2011 · owns less than 5%
  • R•••• M••••••• A•••••• · Common Stock Shareholdercontrol
    since 12/2010 · owns 25% to 50% of S•••• • R••• H•••••• I•••
  • S••••• B••••• J•• · Common Stock Shareholdercontrol
    since 12/2010 · owns 75% or more of S•••• • R••• H•••••• I•••
Entity owners
  • S•••• • R••• H•••••• I••• · Member
    direct · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 31 to 25
    Mar 28, 2017 to Mar 29, 2018
  • Pooled vehicle clients · unset to 16.0
    Mar 28, 2017 to Mar 29, 2018
  • Assets in custody · $428M to $205M
    Mar 28, 2017 to Mar 29, 2018
  • Employees · 17 to 15
    Mar 28, 2017 to Mar 29, 2018
  • Other offices · unset to 0.0
    Mar 28, 2017 to Mar 29, 2018
  • Private funds · 26 to 22
    Mar 28, 2017 to Mar 29, 2018
  • Discretionary RAUM · $579M to $306M
    Mar 28, 2017 to Mar 29, 2018
  • Pooled vehicle RAUM · unset to 305708895.0
    Mar 28, 2017 to Mar 29, 2018
  • RAUM · $579M to $306M
    Mar 28, 2017 to Mar 29, 2018
  • Accounts · 32 to 31
    Mar 30, 2016 to Mar 28, 2017
  • Advisory employees · 9 to 6
    Mar 30, 2016 to Mar 28, 2017
  • Assets in custody · $437M to $428M
    Mar 30, 2016 to Mar 28, 2017
  • Employees · 24 to 17
    Mar 30, 2016 to Mar 28, 2017
  • Discretionary RAUM · $690M to $579M
    Mar 30, 2016 to Mar 28, 2017
  • RAUM · $690M to $579M
    Mar 30, 2016 to Mar 28, 2017
  • Accounts · 35 to 32
    Mar 31, 2015 to Mar 30, 2016
  • Advisory employees · 10 to 9
    Mar 31, 2015 to Mar 30, 2016
  • Assets in custody · $811M to $437M
    Mar 31, 2015 to Mar 30, 2016
  • Employees · 27 to 24
    Mar 31, 2015 to Mar 30, 2016
  • Private funds · 29 to 26
    Mar 31, 2015 to Mar 30, 2016
  • Discretionary RAUM · $1.0B to $690M
    Mar 31, 2015 to Mar 30, 2016
  • RAUM · $1.0B to $690M
    Mar 31, 2015 to Mar 30, 2016
  • Advisory employees · 13 to 10
    Jul 30, 2014 to Mar 31, 2015
  • Assets in custody · $1.2B to $811M
    Jul 30, 2014 to Mar 31, 2015
  • Employees · 41 to 27
    Jul 30, 2014 to Mar 31, 2015
  • HQ city · ST. FRANCIS to MILWAUKEE
    Jul 30, 2014 to Mar 31, 2015
  • Discretionary RAUM · $1.4B to $1.0B
    Jul 30, 2014 to Mar 31, 2015
  • RAUM · $1.4B to $1.0B
    Jul 30, 2014 to Mar 31, 2015
  • Accounts · 44 to 35
    Mar 25, 2014 to Jul 30, 2014
  • Assets in custody · $1.3B to $1.2B
    Mar 25, 2014 to Jul 30, 2014
  • Employees · 42 to 41
    Mar 25, 2014 to Jul 30, 2014
  • Private funds · 38 to 29
    Mar 25, 2014 to Jul 30, 2014
  • Discretionary RAUM · $1.4B to $1.4B
    Mar 25, 2014 to Jul 30, 2014
  • RAUM · $1.4B to $1.4B
    Mar 25, 2014 to Jul 30, 2014
  • Accounts · 42 to 44
    Nov 15, 2013 to Mar 25, 2014
  • Assets in custody · $1.3B to $1.3B
    Nov 15, 2013 to Mar 25, 2014
  • Employees · 47 to 42
    Nov 15, 2013 to Mar 25, 2014
  • Discretionary RAUM · $1.4B to $1.4B
    Nov 15, 2013 to Mar 25, 2014
  • RAUM · $1.4B to $1.4B
    Nov 15, 2013 to Mar 25, 2014
  • Assets in custody · $1.4B to $1.3B
    Sep 16, 2013 to Nov 15, 2013
Signals
1 dated events
  • S•••• I••••••••• reported RAUM $305.7M, down 47% from $579.0M (2017-03-28 to 2018-03-29)
    Mar 29, 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