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

S••• V•••• P•••••••• L•••

Other adviserSan Antonio, TexasCRD 139162SEC 801-66139websiteIAPD
Latest filing Mar 16, 2026
First filing on the tape Mar 16, 2012 · 43 filings
SEC status approved since Feb 16, 2006
RAUM
$3.9B
reported, Item 5.F
Discretionary
3.3%
of RAUM
Private clients
0.8%
$30.6M individuals and HNW
Advisors
7
registered through the firm on IAPD
RAUM per advisor
$556M
derived; firm RAUM over IAPD count
Employees
13
5 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
3
reported on Schedule D
History
43 filings and snapshots on the tape
RAUM$3.9B as of Mar 16, 2026
Mar 16, 2012$112M then
HNW client RAUM$23.1M as of Mar 16, 2026
Mar 28, 2018$88.3M then
State-registered IARs (5.B.3)7 as of Mar 16, 2026
Mar 16, 20120 then
Employees (5.A)13 as of Mar 16, 2026
Mar 28, 201322 then
Private funds3 as of Mar 16, 2026
Mar 24, 20152 then
RAUM -22% over the last fiscal year+0.1% a year over threeIARs 7 to 7
Practice profile
derived from the filing of Mar 16, 2026; every figure names its basis
RAUM per advisor
$556MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
3derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.8MderivedHNW RAUM over HNW clients
Average account
$36.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
3.3%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.9derivedItem 5.A over advisors
Advisors per office
1.8derived4 offices incl. principal (1.F.5)
RAUM growth, one year
-22%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-4.3%derived
Compensation
percentage of assets, hourly, fixed fees, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, otherreportedItem 5.G
Custody
$43.9M, 3 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)
  • 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
  • Banks and thrifts$3.8B98%
  • Pooled investment vehicles$43.9M1.1%
  • High-net-worth individuals$23.1M0.6%
  • Corporations and businesses$9.3M0.2%
  • Individuals$7.5M0.2%
Individual clients
9reported
HNW clients
13reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
108reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$43.9M for 3 clientsreported
Compensation
% of AUM, fixed, hourly, performancereported
Class basis
private_client_share=0.01 fund_share=0.01 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
S•••• A•••• B•••••San Antonio, TxMar 21, 200741 y1
B•••• E••• A•••••San Antonio, TxJul 3, 201731 y2
J••••• S•••••• P•••••••••Bloomington, InJul 3, 201713 y1
J••• V••• S••••••••San Antonio, TxJul 3, 201728 y3
K•••• A••••• C•••••Denver, CoJul 5, 201729 y2
W•••••• J••••• B•••••San Antonio, TxApr 28, 202310 y0
L•••• A•••• A•••••••San Antonio, TxJan 9, 202521 y5
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 headcount1 left over 36 months
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
3 reported on Schedule D 7.B.(1)
Owners and control persons
Schedule A and B, latest filing
  • A•••••• B••••• E••• · Chief Compliance Officercontrol
    since 03/2016 · owns less than 5%
  • B•••••• S••••• A•••• · Limited Partnercontrol
    since 12/1999 · owns 75% or more
  • B•••••• S••••• A•••• · Presidentcontrol
    since 08/1999 · owns 75% or more of F••••••• Investments, L.Lc.
  • C•••••• K••••• A••••• · Limited Partner
    since 07/2018 · owns less than 5%
  • H••••• L•••••• B••• · Limited Partner
    since 01/2020 · owns less than 5%
  • P••••••••• J•••••• S•••••• · Limited Partner
    since 07/2018 · owns less than 5%
  • P••••• D•••••• J• · Chief Operations Officer / Limited Partner
    since 03/2016 · owns less than 5%
  • S••••••••• J•••• V••• · Limited Partner
    since 01/2014 · owns less than 5%
Entity owners
  • F••••••• I••••••••• L••••• · General Partner
    direct · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
San Antonio, Tx · principal500
Bozeman, Mt000
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 110 to 108
    Dec 3, 2025 to Mar 16, 2026
  • Corporate clients · 4 to 2
    Dec 3, 2025 to Mar 16, 2026
  • HNW clients · 14 to 13
    Dec 3, 2025 to Mar 16, 2026
  • Assets in custody · $39.7M to $43.9M
    Dec 3, 2025 to Mar 16, 2026
  • Discretionary RAUM · $102M to $129M
    Dec 3, 2025 to Mar 16, 2026
  • HNW RAUM · $23.7M to $23.1M
    Dec 3, 2025 to Mar 16, 2026
  • Individual RAUM · $7.9M to $7.5M
    Dec 3, 2025 to Mar 16, 2026
  • Non-discretionary RAUM · $4.9B to $3.8B
    Dec 3, 2025 to Mar 16, 2026
  • Pooled vehicle RAUM · $39.7M to $43.9M
    Dec 3, 2025 to Mar 16, 2026
  • RAUM · $5.0B to $3.9B
    Dec 3, 2025 to Mar 16, 2026
  • Accounts · 117 to 110
    Jan 22, 2025 to Mar 14, 2025
  • Advisory employees · 6 to 5
    Jan 22, 2025 to Mar 14, 2025
  • Advisory activities · 3 to 4
    Jan 22, 2025 to Mar 14, 2025
  • Corporate clients · 2 to 4
    Jan 22, 2025 to Mar 14, 2025
  • HNW clients · 13 to 14
    Jan 22, 2025 to Mar 14, 2025
  • Individual clients · 10 to 9
    Jan 22, 2025 to Mar 14, 2025
  • Assets in custody · $36.2M to $39.7M
    Jan 22, 2025 to Mar 14, 2025
  • Financial planning clients · unset to
    Jan 22, 2025 to Mar 14, 2025
  • State-registered IARs · 8 to 7
    Jan 22, 2025 to Mar 14, 2025
  • Other offices · 4 to 3
    Jan 22, 2025 to Mar 14, 2025
  • Discretionary RAUM · $113M to $102M
    Jan 22, 2025 to Mar 14, 2025
  • HNW RAUM · $31.1M to $23.7M
    Jan 22, 2025 to Mar 14, 2025
  • Individual RAUM · $7.5M to $7.9M
    Jan 22, 2025 to Mar 14, 2025
  • Non-discretionary RAUM · $3.4B to $4.9B
    Jan 22, 2025 to Mar 14, 2025
  • Pooled vehicle RAUM · $36.2M to $39.7M
    Jan 22, 2025 to Mar 14, 2025
  • RAUM · $3.5B to $5.0B
    Jan 22, 2025 to Mar 14, 2025
  • Advisory employees · 5 to 6
    Dec 12, 2024 to Jan 22, 2025
  • Employees · 12 to 13
    Dec 12, 2024 to Jan 22, 2025
  • State-registered IARs · 7 to 8
    Dec 12, 2024 to Jan 22, 2025
  • Other offices · 3 to 4
    Dec 12, 2024 to Jan 22, 2025
  • Advisory employees · 6 to 5
    Mar 18, 2024 to Dec 12, 2024
  • Employees · 13 to 12
    Mar 18, 2024 to Dec 12, 2024
  • State-registered IARs · 8 to 7
    Mar 18, 2024 to Dec 12, 2024
  • Other offices · 4 to 3
    Mar 18, 2024 to Dec 12, 2024
  • Accounts · 114 to 117
    Sep 21, 2023 to Mar 18, 2024
  • HNW clients · 6 to 13
    Sep 21, 2023 to Mar 18, 2024
  • Individual clients · 20 to 10
    Sep 21, 2023 to Mar 18, 2024
  • Assets in custody · $40.9M to $36.2M
    Sep 21, 2023 to Mar 18, 2024
  • Discretionary RAUM · $168M to $113M
    Sep 21, 2023 to Mar 18, 2024
  • HNW RAUM · $51.5M to $31.1M
    Sep 21, 2023 to Mar 18, 2024
Signals
7 dated events
  • S••• V•••• P•••••••• L••• reported RAUM $5.0B, up 41% from $3.5B (2025-01-22 to 2025-03-14)
    Mar 14, 2025 · RAUM change · derived
  • N••• C••••••• I••••• left S••• V•••• P•••••••• L••• for M••••••••• C•••••• L•• (registered 2026-07-15)
    Jan 28, 2025 · Advisor changed firm · fact
  • B•••••• R••••• Y•••• left S••• V•••• P•••••••• L••• for H••••••• F•••• (registered 2023-09-08)
    Sep 5, 2023 · Advisor changed firm · fact
  • L•••• A•••• A••••••• left S••• V•••• P•••••••• L••• for B•• F•••••••• A••••••• (registered 2022-10-11)
    Oct 5, 2022 · Advisor changed firm · fact
  • S••• V•••• P•••••••• L••• reported RAUM $3.7B, up 38% from $2.7B (2021-01-19 to 2021-03-26)
    Mar 26, 2021 · RAUM change · derived
  • S••• V•••• P•••••••• L••• reported RAUM $2.7B, up 332% from $620.2M (2019-03-27 to 2020-03-26)
    Mar 26, 2020 · RAUM change · derived
  • S••• V•••• P•••••••• L••• reported RAUM $620.2M, up 276% from $164.8M (2018-09-10 to 2019-02-27)
    Feb 27, 2019 · 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/SB-V••••-PARTNERS-L-P-?TRK=PPRO_CPROFreportedpublic record, Form ADV, Sep 18, 2026
Website
SBV••••.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
844-728-2583reportedpublic record, Form ADV, Mar 16, 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
Other adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
$556Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026