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.
SEC-registered adviser
Cfi Partners
Legal name Cfi Partners, LLC
Latest filing Mar 31, 2026
First filing on the tape Mar 23, 2012 · 29 filings
SEC status approved since Jun 17, 2011
RAUM
$26B
reported, Item 5.F
Discretionary
92%
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
47
23 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$26B as of Mar 31, 2026
Mar 23, 2012$2.4B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 23, 20120 then
Employees (5.A)47 as of Mar 31, 2026
Feb 19, 201325 then
Private funds4 as of Mar 31, 2026
Mar 23, 20122 then
RAUM +322% over the last fiscal year+62% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2026; 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
- $2.4BderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 92%derivedof RAUM
- Institutional
- 8.4%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
- +322%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 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
- 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)
- 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Other investment advisers$21B79%
- State and municipal entities$2.2B8.4%
- Corporations and businesses$2.1B7.9%
- Pooled investment vehicles$1.1B4.3%
- 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
- noreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.84 institutional_share=0.08 related_bd=false related_bank=true bd_reps=0.0derived
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
12 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Cfip Clo 2017-1, Ltd. | Securitized Asset Fund | $471M | 20 | Mar 30, 2018 |
| Cfip Clo 2021-1, Ltd. | Securitized Asset Fund | $440M | 1 | Mar 31, 2022 |
| Cfip Clo 2018-1, Ltd. | Securitized Asset Fund | $396M | 12 | Mar 28, 2019 |
| Cfip Clo 2013-1, Ltd.no longer reported | Securitized Asset Fund | $369M | 14 | Feb 19, 2013 |
| Cfip Opportunistic Credit Master Fund III, LP | Other Private Fund | $151M | 15 | Mar 29, 2024 |
| Clo Opportunistic Secondary Tranche Master Fund II, LPno longer reported | Other Private Fund | $148M | 20 | Mar 30, 2021 |
| Cfip Smf, Ltd.no longer reported | Hedge Fund | $47.3M | 16 | Mar 23, 2012 |
| Cfip Ultra Master Fund, Ltd.no longer reported | Hedge Fund | $31.1M | 10 | Feb 19, 2013 |
| Anabatic Fund, L.P.no longer reported | Hedge Fund | $9.5M | 16 | Feb 18, 2014 |
| Cfip Clo 2014-1, Ltd. | Securitized Asset Fund | $2.9M | 31 | Feb 18, 2014 |
| Cfip Master Fund, Ltd.no longer reported | Hedge Fund | $2.7M | 88 | Mar 23, 2012 |
| Clo Opportunistic Secondary Tranche Master Fund, LPno longer reported | Other Private Fund | $2.3M | 31 | Mar 28, 2019 |
Owners and control persons
Schedule A and B, latest filing
- Stephan Eric Baer · Co-Head Of Alternative Credit; Directorcontrolsince 01/2023 · owns less than 5%
- Wayne Stephon Barnes · Chief Operating Officercontrolsince 11/2020 · owns less than 5%
- Alan David Becker · Chief Technology Officercontrolsince 01/2023 · owns less than 5%
- James Gavin Cross · Chief Financial Officercontrolsince 03/2019 · owns less than 5%
- Cowen David Dieffenbacher · Co-Head Of Alternative Credit; Directorcontrolsince 01/2023 · owns less than 5%
- (Nmn) Shayne Evans · Board Designee Of The Academy Group, Inc.controlsince 10/2016 · owns less than 5%
- Michael Sean Haas · Head Of Researchcontrolsince 01/2023 · owns less than 5%
- Elia Levoyd Robinson · Chief Executive Officer; Chief Investment Officer; Directorcontrolsince 01/2023 · owns less than 5%
- Thomas Joseph Sommer · Chief Compliance Officercontrolsince 01/2023 · owns less than 5%
Entity owners
- Amistad Investment Holdings, LLC · Ownerdirect · owns 75% or more
- Amistad Financial Group, LLC · Ownerindirect · owns 75% or more of Amistad Holdings Parent II, LLC
- Amistad Holdings Parent II, LLC · Ownerindirect · owns 75% or more of Amistad Holdings Parent, LLC
- Amistad Holdings Parent, LLC · Ownerindirect · owns 75% or more of Amistad Investment Holdings Parent, LLC
- Amistad Investment Holdings Parent, LLC · Ownerindirect · owns 75% or more of Amistad Investment Holdings, LLC
Related persons
Schedule D 7.A
- Cfip Opportunistic Credit III Gp, LLCbankpooled vehicle sponsory
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
4 against comparable advisers; where to look, not conclusions
- custody status changedChange between filings · filing Mar 31, 2026custody of client assets (Item 9.A): yes on the filing of 2025-12-12, no on the filing of 2026-03-31peers: asset managers, $20B and over (512)
- discretionary share shiftChange between filings · filing Mar 31, 2026discretionary share of RAUM moved from 29.0% to 92.0% between the annual amendments of 2025-03-31 and 2026-03-31peers: asset managers, $20B and over (512)
- institutional asset share shiftChange between filings · filing Mar 31, 2026institutional share of RAUM moved from 81.0% to 96.0% between the annual amendments of 2025-03-31 and 2026-03-31peers: asset managers, $20B and over (512)
- RAUM up 50 %Change between filings · filing Mar 31, 2026RAUM (Item 5.F) moved from $6,238,977,629 to $26,313,245,536 (+322.0%) between the annual amendments of 2025-03-31 and 2026-03-31; the peer median change was +15.0% (471 comparable advisers, 100.0th percentile of changes)peers: asset managers, $20B and over (471) · 100% percentile
What changed
consecutive filings, newest first
- Accounts · 10 to 11Dec 12, 2025 to Mar 31, 2026
- Advisory employees · 22 to 23Dec 12, 2025 to Mar 31, 2026
- Assets in custody · 153128846.0 to unsetDec 12, 2025 to Mar 31, 2026
- Custody of client assets · true to falseDec 12, 2025 to Mar 31, 2026
- Employees · 43 to 47Dec 12, 2025 to Mar 31, 2026
- Discretionary RAUM · $1.8B to $24BDec 12, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $4.4B to $2.0BDec 12, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $1.2B to $1.1BDec 12, 2025 to Mar 31, 2026
- RAUM · $6.2B to $26BDec 12, 2025 to Mar 31, 2026
- Related adviser · false to trueDec 12, 2025 to Mar 31, 2026
- Advisory employees · 20 to 22Apr 26, 2024 to Mar 31, 2025
- Pooled vehicle clients · 7 to 6Apr 26, 2024 to Mar 31, 2025
- Assets in custody · $151M to $153MApr 26, 2024 to Mar 31, 2025
- Employees · 38 to 43Apr 26, 2024 to Mar 31, 2025
- Financial planning clients · unset to Apr 26, 2024 to Mar 31, 2025
- Private funds · 5 to 4Apr 26, 2024 to Mar 31, 2025
- Discretionary RAUM · $1.5B to $1.8BApr 26, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $1.5B to $1.2BApr 26, 2024 to Mar 31, 2025
- RAUM · $5.9B to $6.2BApr 26, 2024 to Mar 31, 2025
- Accounts · 7 to 10Mar 31, 2023 to Mar 29, 2024
- Advisory employees · 16 to 20Mar 31, 2023 to Mar 29, 2024
- Advisory activities · 3 to 2Mar 31, 2023 to Mar 29, 2024
- Pooled vehicle clients · 4 to 7Mar 31, 2023 to Mar 29, 2024
- Assets in custody · unset to 150889000.0Mar 31, 2023 to Mar 29, 2024
- Custody of client assets · false to trueMar 31, 2023 to Mar 29, 2024
- Employees · 33 to 38Mar 31, 2023 to Mar 29, 2024
- Private funds · 4 to 5Mar 31, 2023 to Mar 29, 2024
- Discretionary RAUM · $1.6B to $1.5BMar 31, 2023 to Mar 29, 2024
- Non-discretionary RAUM · $4.5B to $4.4BMar 31, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $1.6B to $1.5BMar 31, 2023 to Mar 29, 2024
- RAUM · $6.1B to $5.9BMar 31, 2023 to Mar 29, 2024
- Related bank · false to trueMar 31, 2023 to Mar 29, 2024
- Accounts · 5 to 7Feb 7, 2023 to Mar 31, 2023
- Advisory employees · 14 to 16Feb 7, 2023 to Mar 31, 2023
- Pooled vehicle clients · 5 to 4Feb 7, 2023 to Mar 31, 2023
- Employees · 26 to 33Feb 7, 2023 to Mar 31, 2023
- Private funds · 5 to 4Feb 7, 2023 to Mar 31, 2023
- Discretionary RAUM · $2.1B to $1.6BFeb 7, 2023 to Mar 31, 2023
- Non-discretionary RAUM · $0 to $4.5BFeb 7, 2023 to Mar 31, 2023
- Pooled vehicle RAUM · $2.1B to $1.6BFeb 7, 2023 to Mar 31, 2023
Signals
8 dated events
- Cfi Partners reported RAUM $26.3B, up 322% from $6.2B (2025-12-12 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- Russell Todd Lee (Chief Legal Officer) no longer on Schedule A of Cfi Partners (listed 2023-03-31, absent 2024-03-29)Mar 29, 2024 · Control person left · inference
- Cfi Partners reported RAUM $6.1B, up 188% from $2.1B (2023-02-07 to 2023-03-31)Mar 31, 2023 · RAUM change · derived
- Bartholomew Bradford Couri (Managing Member; Managing Principal) no longer on Schedule A of Cfi Partners (listed 2022-10-28, absent 2023-02-07)Feb 7, 2023 · Control person left · inference
- Thomas Joseph Sommer (Chief Compliance Officer) appeared on Schedule A of Cfi PartnersFeb 7, 2023 · Control person joined · fact
- Cfi Partners reported RAUM $1.8B, up 30% from $1.4B (2018-06-12 to 2019-03-28)Mar 28, 2019 · RAUM change · derived
- Shayne Evans (Board Designee Of The Academy Group, Inc.) appeared on Schedule A of Cfi PartnersMar 28, 2019 · Control person joined · fact
- Cfi Partners reported RAUM $1.4B, up 76% from $807.0M (2017-03-20 to 2018-03-30)Mar 30, 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.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/cfip-llcreportedpublic record, Form ADV, Sep 17, 2026
- Website
- cfipartners.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 312-416-4300reportedpublic 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
- Asset manager (funds and pooled vehicles)deriveda 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