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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Former SEC-registered adviser
D•• H•••• A•••• M•••••••••
Legal name D••••• L• H••••• L••
Latest filing Oct 23, 2025
First filing on the tape Mar 6, 2012 · 56 filings
SEC status approved since Mar 9, 2006
RAUM
$843M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
19%
$161M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
10
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
56 filings and snapshots on the tape
RAUM$843M as of Oct 23, 2025
Mar 6, 2012$154M then
HNW client RAUM$120M as of Oct 23, 2025
Feb 26, 2018$135M then
State-registered IARs (5.B.3)5 as of Oct 23, 2025
Mar 6, 20120 then
Employees (5.A)10 as of Oct 23, 2025
Mar 4, 20135 then
Private funds: no history
RAUM -2.1% over the last fiscal year+12% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Oct 23, 2025; every figure names its basis
- RAUM per advisor
- $169MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 49derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.5MderivedHNW RAUM over HNW clients
- Average account
- $1.4MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 2.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- -2.1%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +1.2%derived
- Compensation
- percentage of assets, hourly, fixed fees, commissions, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for investment companies, pension consulting, selection of other advisersreportedItem 5.G
- Custody
- $7.5M, 10 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$681M81%
- High-net-worth individuals$120M14%
- Individuals$41.1M4.9%
- Individual clients
- 196reported
- HNW clients
- 48reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 587reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $7.5M for 10 clientsreported
- Compensation
- % of AUM, fixed, hourly, commissionsreported
- 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
5 left, 0 joined in 12 months
net -5 in 12 months0 left in 90 days0 joined in 90 days5 left over 36 months
Left, latest
- N•••••• G•••• B•••• to A••••• T••••• P•••••• W•••••Dec 5, 2025 · Other
- R•••• T••••• to A••••• T••••• P•••••• W•••••Dec 5, 2025 · Other
- D••••• L•••• H•••• to A••••• T••••• P•••••• W•••••Dec 5, 2025 · Other
- T•••• W•••••• H•••• to A••••• T••••• P•••••• W•••••Dec 5, 2025 · Other
- A••••• S••••• D•• to A••••• T••••• P•••••• W•••••Dec 5, 2025 · Other
- D••••• H• R•••••••• to P•• C•••••• A••••••• L••Jul 23, 2020 · Other
- L••••• R••• to R••• A•••• M•••••••••Jun 6, 2012 · Other
Joined, latest
- D••••• H• R•••••••• from S•••••• M•••• M••••••••• L••Mar 14, 2017 · Other
- A••••• S••••• D•• from U•• F•••••••• S••••••• I•••Jun 29, 2006 · Other
- D••••• L•••• H•••• from H••••• F•••••••• S•••••••• L••Mar 10, 2006 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 5 left for A••••• T••••• P•••••• W•••••Dec 5, 2025 · Sarasota, Fl · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- B••••• L••••• S•••• · Chief Compliance Officercontrolsince 01/2013 · owns 5% to 10%
- D••• A•••••• S••••• · Managing Membercontrolsince 04/2006 · owns 25% to 50%
- H••••• D•••••• L•••• · Managing Membercontrolsince 09/2004 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Sarasota, Fl · principal | 0 | 0 | 5 |
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
What changed
consecutive filings, newest first
- Related adviser · false to trueAug 4, 2025 to Oct 23, 2025
- Advisory employees · 4 to 5Feb 18, 2025 to Aug 4, 2025
- State-registered IARs · 4 to 5Feb 18, 2025 to Aug 4, 2025
- Accounts · 570 to 587Apr 10, 2024 to Feb 18, 2025
- HNW clients · 47 to 48Apr 10, 2024 to Feb 18, 2025
- Individual clients · 194 to 196Apr 10, 2024 to Feb 18, 2025
- Assets in custody · $9.6M to $7.5MApr 10, 2024 to Feb 18, 2025
- Financial planning clients · 51-100 to 26-50Apr 10, 2024 to Feb 18, 2025
- Discretionary RAUM · $843M to $842MApr 10, 2024 to Feb 18, 2025
- HNW RAUM · $117M to $120MApr 10, 2024 to Feb 18, 2025
- Individual RAUM · $38.4M to $41.1MApr 10, 2024 to Feb 18, 2025
- Non-discretionary RAUM · $828,784 to $593,835Apr 10, 2024 to Feb 18, 2025
- RAUM · $844M to $843MApr 10, 2024 to Feb 18, 2025
- Charity clients · unset to 0.0Feb 8, 2024 to Apr 10, 2024
- Corporate clients · unset to 0.0Feb 8, 2024 to Apr 10, 2024
- Pension plan clients · unset to 0.0Feb 8, 2024 to Apr 10, 2024
- Pooled vehicle clients · unset to 0.0Feb 8, 2024 to Apr 10, 2024
- Discretionary RAUM · $861M to $843MFeb 8, 2024 to Apr 10, 2024
- Individual RAUM · $35.9M to $38.4MFeb 8, 2024 to Apr 10, 2024
- Pension RAUM · unset to 0.0Feb 8, 2024 to Apr 10, 2024
- Pooled vehicle RAUM · unset to 0.0Feb 8, 2024 to Apr 10, 2024
- RAUM · $861M to $844MFeb 8, 2024 to Apr 10, 2024
- Accounts · 575 to 570Jun 21, 2023 to Feb 8, 2024
- BD registered reps · 1 to 0Jun 21, 2023 to Feb 8, 2024
- HNW clients · 53 to 47Jun 21, 2023 to Feb 8, 2024
- Individual clients · 192 to 194Jun 21, 2023 to Feb 8, 2024
- Assets in custody · $8.8M to $9.6MJun 21, 2023 to Feb 8, 2024
- Employees · 11 to 10Jun 21, 2023 to Feb 8, 2024
- Financial planning clients · 26-50 to 51-100Jun 21, 2023 to Feb 8, 2024
- Discretionary RAUM · $635M to $861MJun 21, 2023 to Feb 8, 2024
- HNW RAUM · $126M to $117MJun 21, 2023 to Feb 8, 2024
- Individual RAUM · $18.3M to $35.9MJun 21, 2023 to Feb 8, 2024
- Non-discretionary RAUM · $892,428 to $828,784Jun 21, 2023 to Feb 8, 2024
- RAUM · $636M to $861MJun 21, 2023 to Feb 8, 2024
- Accounts · 579 to 575Feb 25, 2022 to Jan 27, 2023
- HNW clients · 43 to 53Feb 25, 2022 to Jan 27, 2023
- Individual clients · 216 to 192Feb 25, 2022 to Jan 27, 2023
- Assets in custody · $12.5M to $8.8MFeb 25, 2022 to Jan 27, 2023
- Discretionary RAUM · $604M to $635MFeb 25, 2022 to Jan 27, 2023
- HNW RAUM · $119M to $126MFeb 25, 2022 to Jan 27, 2023
Signals
9 dated events
- D•• H•••• A•••• M••••••••• no longer on the SEC adviser roster (last listed 2025-12-20, RAUM $842.8M)Jan 2, 2026 · Left the SEC roster · derived
- T•••• W•••••• H•••• left D•• H•••• A•••• M••••••••• for A••••• T••••• P•••••• W••••• (registered 2025-10-03)Dec 5, 2025 · Advisor changed firm · fact
- R•••• T••••• left D•• H•••• A•••• M••••••••• for A••••• T••••• P•••••• W••••• (registered 2025-09-30)Dec 5, 2025 · Advisor changed firm · fact
- N•••••• G•••• B•••• left D•• H•••• A•••• M••••••••• for A••••• T••••• P•••••• W••••• (registered 2025-09-30)Dec 5, 2025 · Advisor changed firm · fact
- D••••• L•••• H•••• left D•• H•••• A•••• M••••••••• for A••••• T••••• P•••••• W••••• (registered 2025-09-30)Dec 5, 2025 · Advisor changed firm · fact
- A••••• S••••• D•• left D•• H•••• A•••• M••••••••• for A••••• T••••• P•••••• W••••• (registered 2025-10-01)Dec 5, 2025 · Advisor changed firm · fact
- D•• H•••• A•••• M•••••••••'s advisors moved to A••••• T••••• P•••••• W••••• (Sarasota, FL): 5 of 5 registered, on the same dayDec 5, 2025 · Firm absorbed (people side) · derived
- D•• H•••• A•••• M••••••••• reported RAUM $861.3M, up 35% from $636.2M (2023-06-21 to 2024-02-08)Feb 8, 2024 · RAUM change · derived
- D•• H•••• A•••• M••••••••• reported RAUM $605.0M, up 91% from $316.9M (2021-10-26 to 2022-02-07)Feb 7, 2022 · 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