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

B••••• C•••••• M••••••••• L••

Former SEC-registered adviserTiburon, CaliforniaCRD 139090SEC 801-114942websiteIAPD
Latest filing Feb 19, 2025
First filing on the tape Mar 5, 2019 · 10 filings
SEC status approved since Apr 4, 2019
RAUM
$186M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
100%
$186M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
10 filings and snapshots on the tape
RAUM$186M as of Feb 19, 2025
Mar 9, 2020$145M then
HNW client RAUM$186M as of Feb 19, 2025
Mar 9, 2020$142M then
State-registered IARs (5.B.3)2 as of Feb 19, 2025
Mar 9, 20201 then
Employees (5.A)3 as of Feb 19, 2025
Mar 9, 20203 then
Private funds: no history
RAUM +16% over the last fiscal year+2.4% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Feb 19, 2025; every figure names its basis
RAUM per advisor
$93.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
24derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.4MderivedHNW RAUM over HNW clients
Average account
$4.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.2%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$186M100%
  • Individuals$589,7740.3%
Individual clients
5reported
HNW clients
42reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
47reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
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
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • B•••••• M•••• M•••••• · Ceo/Cio/Ccocontrol
      since 12/2005 · owns 75% or more
    • B•••••• T•••••• P••••••••• · Member
      since 02/2012 · owns 10% to 25%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Tiburon, Ca · principal000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 46 to 47
      Feb 12, 2024 to Feb 19, 2025
    • HNW clients · 41 to 42
      Feb 12, 2024 to Feb 19, 2025
    • Discretionary RAUM · $160M to $180M
      Feb 12, 2024 to Feb 19, 2025
    • HNW RAUM · $160M to $186M
      Feb 12, 2024 to Feb 19, 2025
    • Individual RAUM · $567,091 to $589,774
      Feb 12, 2024 to Feb 19, 2025
    • Non-discretionary RAUM · $674,653 to $5.9M
      Feb 12, 2024 to Feb 19, 2025
    • RAUM · $161M to $186M
      Feb 12, 2024 to Feb 19, 2025
    • Accounts · 139 to 46
      Feb 17, 2023 to Feb 12, 2024
    • BD registered reps · 0 to 2
      Feb 17, 2023 to Feb 12, 2024
    • HNW clients · 39 to 41
      Feb 17, 2023 to Feb 12, 2024
    • Insurance-licensed employees · 0 to 1
      Feb 17, 2023 to Feb 12, 2024
    • Discretionary RAUM · $152M to $160M
      Feb 17, 2023 to Feb 12, 2024
    • HNW RAUM · $150M to $160M
      Feb 17, 2023 to Feb 12, 2024
    • Individual RAUM · $2.2M to $567,091
      Feb 17, 2023 to Feb 12, 2024
    • Non-discretionary RAUM · $0 to $674,653
      Feb 17, 2023 to Feb 12, 2024
    • RAUM · $152M to $161M
      Feb 17, 2023 to Feb 12, 2024
    • Accounts · 122 to 139
      Feb 28, 2022 to Feb 17, 2023
    • HNW clients · 33 to 39
      Feb 28, 2022 to Feb 17, 2023
    • Individual clients · 9 to 5
      Feb 28, 2022 to Feb 17, 2023
    • Discretionary RAUM · $173M to $152M
      Feb 28, 2022 to Feb 17, 2023
    • HNW RAUM · $170M to $150M
      Feb 28, 2022 to Feb 17, 2023
    • Individual RAUM · $3.6M to $2.2M
      Feb 28, 2022 to Feb 17, 2023
    • RAUM · $173M to $152M
      Feb 28, 2022 to Feb 17, 2023
    • Accounts · 114 to 122
      Oct 11, 2021 to Feb 28, 2022
    • Advisory employees · 1 to 2
      Oct 11, 2021 to Feb 28, 2022
    • HNW clients · 36 to 33
      Oct 11, 2021 to Feb 28, 2022
    • Individual clients · 10 to 9
      Oct 11, 2021 to Feb 28, 2022
    • State-registered IARs · 1 to 2
      Oct 11, 2021 to Feb 28, 2022
    • Discretionary RAUM · $152M to $173M
      Oct 11, 2021 to Feb 28, 2022
    • HNW RAUM · $143M to $170M
      Oct 11, 2021 to Feb 28, 2022
    • Individual RAUM · $8.9M to $3.6M
      Oct 11, 2021 to Feb 28, 2022
    • RAUM · $152M to $173M
      Oct 11, 2021 to Feb 28, 2022
    • Accounts · 125 to 114
      Jun 30, 2020 to Mar 1, 2021
    • Advisory activities · 3 to 2
      Jun 30, 2020 to Mar 1, 2021
    • Individual clients · 8 to 10
      Jun 30, 2020 to Mar 1, 2021
    • Discretionary RAUM · $145M to $152M
      Jun 30, 2020 to Mar 1, 2021
    • HNW RAUM · $142M to $143M
      Jun 30, 2020 to Mar 1, 2021
    • Individual RAUM · $2.9M to $8.9M
      Jun 30, 2020 to Mar 1, 2021
    • RAUM · $145M to $152M
      Jun 30, 2020 to Mar 1, 2021
    • Accounts · 113 to 125
      Mar 5, 2019 to Mar 9, 2020
    Signals
    5 dated events
    • B••••• C•••••• M••••••••• L•• no longer on the SEC adviser roster (last listed 2025-05-02, RAUM $186.2M)
      Jun 2, 2025 · Left the SEC roster · derived
    • M••• M•••••• B••••• left B••••• C•••••• M••••••••• L•• for B••••••• I••• (registered 2025-04-25)
      May 13, 2025 · Advisor changed firm · fact
    • N••••••• J••••• R••••• left B••••• C•••••• M••••••••• L•• for B••••••• I••• (registered 2025-04-25)
      May 13, 2025 · Advisor changed firm · fact
    • 2 advisors left B••••• C•••••• M••••••••• L•• (Tiburon, CA) for B••••••• I••• on the same day
      May 13, 2025 · Team lift-out · derived
    • B••••• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
      Mar 5, 2019 · First SEC registration · fact
    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