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

B•••••••• C•••••• M••••••••• L•

Asset manager (funds and pooled vehicles)Houston, TexasCRD 139804SEC 801-66438websiteIAPD
Latest filing Apr 10, 2026
First filing on the tape Mar 29, 2012 · 30 filings
SEC status approved since Apr 13, 2006
RAUM
$133M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
1.0%
$1.3M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$66.5M
derived; firm RAUM over IAPD count
Employees
4
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
7
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$133M as of Apr 10, 2026
Mar 29, 2012$185M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Apr 10, 2026
Mar 29, 20120 then
Employees (5.A)4 as of Apr 10, 2026
Apr 1, 20135 then
Private funds7 as of Apr 10, 2026
Mar 29, 20122 then
RAUM -25% over the last fiscal year-39% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 10, 2026; every figure names its basis
RAUM per advisor
$66.5MderivedRAUM 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
$16.6MderivedRAUM 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
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-25%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 individuals, 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$132M99%
  • Individuals$1.3M1.0%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
8reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.01 fund_share=0.99 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
A••• J••••• F••••••••Houston, TxApr 27, 200627 y0
E••• D••••••••Houston, TxApr 28, 200633 y0
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 headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      16 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      B•••••••• O••••••••• O••••••• F•••• L••no longer reportedHedge Fund$272M85Mar 28, 2014
      B•••••••• P•••••• E••••• P••••••• I• L•Private Equity Fund$185M7Mar 26, 2018
      B•••••••• S•• I•• L•Private Equity Fund$54.3M11Mar 30, 2020
      B•••••••• S•• I• L•Private Equity Fund$53.0M84Mar 15, 2019
      B•••••••• S•• V• L•Private Equity Fund$45.6M4Mar 30, 2020
      B•••••••• S•• I• L•Private Equity Fund$45.4M14Mar 15, 2019
      B•••••••• S•• I• L•Private Equity Fund$28.1M2Mar 30, 2020
      B•••••••• O••••••••• F••• L•Hedge Fund$21.2M206Mar 29, 2012
      B•••••••• O••••••••• F••• I•• L•no longer reportedHedge Fund$13.0M36Nov 5, 2014
      B•••••••• S•• V• L•Private Equity Fund$10.9M1Mar 28, 2024
      B•••••••• O••••••••• F••• P•••••• L•Private Equity Fund$9.1M12Mar 24, 2021
      B•••••••• M•• • I••••••••• C••••• F••• L•no longer reportedHedge Fund$5.2M8Mar 26, 2018
      B•••••••• M•• L•Private Equity Fund$1.1M1Mar 27, 2023
      B•••••••• P•••••• E••••• P••••••• L•Private Equity Fund$08Mar 31, 2017
      B•••••••• P•••••• C••••• • D••••••••• F••• L•no longer reportedPrivate Equity Fund$00Mar 15, 2019
      B•••••••• C•••••• P••••••• ••• L•no longer reportedHedge Fund$015Mar 29, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • D••••••••• E••• · L•••••• Partnercontrol
        since 02/2006 · owns 25% to 50%
      • F••••••••• A•••• J••••• · L•••••• Partnercontrol
        since 02/2006 · owns 25% to 50%
      • D••••••••• E••• · Membercontrol
        since 02/2006 · owns 25% to 50% of B•••••••• C•••••• A••••••• L••
      • F••••••••• A•••• J••••• · Membercontrol
        since 02/2006 · owns 25% to 50% of B•••••••• C•••••• A••••••• L••
      • K•••••• H••••• R• · Class A Shareholdercontrol
        since 10/2009 · owns 25% to 50% of K•• H••••••• G• L••••••
      • R••••••• G•••••• R•••••••• · Class A Shareholdercontrol
        since 10/2009 · owns 25% to 50% of K•• H••••••• G• L••••••
      • J••••• S••••••• P••• · Cco
        since 09/2020 · owns less than 5%
      Entity owners
      • B•••••••• C•••••• A••••••• L•• · General Partner
        direct · owns less than 5%
      • K•• • C•• L••••• · L•••••• Partner
        indirect · owns 50% to 75% of K•• M••••••••• H••••••• L•••
      • K•• • C•• L••• · L•••••• Partner
        indirect · owns 75% or more of K•• G•••• H••••••• L••• · public reporting company
      • K•• • C•• L••• · Shareholder
        indirect · owns F of K•• G•••• L•••••• · public reporting company
      • K•• G•••• H••••••• L••• · Shareholder
        indirect · owns 75% or more of K•• M••••••••• H••••••• C••••
      • K•• G•••• L•••••• · General Partner
        indirect · owns F of K•• G•••• H••••••• L•••
      • K•• H••••••• G• L•••••• · General Partner
        indirect · owns F of K•• H••••••• L•••
      • K•• H••••••• L••• · Member
        indirect · owns 75% or more of K•• • C•• L•••••
      • K•• M••••••••• H••••••• C•••• · General Partner
        indirect · owns 25% to 50% of K•• M••••••••• H••••••• L•••
      • K•• M••••••••• H••••••• L••• · L•••••• Partner
        direct · owns 10% to 25%
      Related persons
      Schedule D 7.A
      • B•••••••• G• L•
        bankpooled vehicle sponsorn
      • B•••••••• P•••••• G• I• L•
        pooled vehicle sponsorn
      • B•••••••• P•••••• G• L•
        pooled vehicle sponsorn
      • B•••••••• S•• G• I• L•
        pooled vehicle sponsorn
      • B•••••••• S•• G• I• L•
        pooled vehicle sponsorn
      • B•••••••• S•• G• I•• L•
        pooled vehicle sponsorn
      • B•••••••• S•• G• I• L•
        pooled vehicle sponsorn
      • B•••••••• S•• G• V• L•
        pooled vehicle sponsorn
      • B•••••••• S•• G• V• L•
        pooled vehicle sponsorn
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Houston, Tx · principal200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 7 to 8
        Mar 31, 2026 to Apr 10, 2026
      • Accounts · 8 to 7
        Mar 31, 2025 to Mar 31, 2026
      • Advisory employees · 3 to 4
        Mar 31, 2025 to Mar 31, 2026
      • Individual clients · 1.0 to unset
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $178M to $133M
        Mar 31, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $177M to $132M
        Mar 31, 2025 to Mar 31, 2026
      • RAUM · $178M to $133M
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 20 to 8
        Mar 28, 2024 to Mar 31, 2025
      • Advisory activities · 3 to 2
        Mar 28, 2024 to Mar 31, 2025
      • Corporate clients · 4.0 to unset
        Mar 28, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 11 to 7
        Mar 28, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 31, 2025
      • Private funds · 11 to 7
        Mar 28, 2024 to Mar 31, 2025
      • Discretionary RAUM · $595M to $178M
        Mar 28, 2024 to Mar 31, 2025
      • Individual RAUM · $1.2M to $1.3M
        Mar 28, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $489M to $177M
        Mar 28, 2024 to Mar 31, 2025
      • RAUM · $595M to $178M
        Mar 28, 2024 to Mar 31, 2025
      • Related bank · true to false
        Mar 28, 2024 to Mar 31, 2025
      • Charity clients · 1.0 to unset
        May 23, 2023 to Mar 28, 2024
      • Corporate clients · 3 to 4
        May 23, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 13 to 11
        May 23, 2023 to Mar 28, 2024
      • State-registered IARs · 2 to 0
        May 23, 2023 to Mar 28, 2024
      • Private funds · 10 to 11
        May 23, 2023 to Mar 28, 2024
      • Discretionary RAUM · $587M to $595M
        May 23, 2023 to Mar 28, 2024
      • Individual RAUM · $2.4M to $1.2M
        May 23, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $507M to $489M
        May 23, 2023 to Mar 28, 2024
      • RAUM · $587M to $595M
        May 23, 2023 to Mar 28, 2024
      • Accounts · 19 to 20
        May 5, 2022 to Mar 27, 2023
      • Pooled vehicle clients · 12 to 13
        May 5, 2022 to Mar 27, 2023
      • Private funds · 9 to 10
        May 5, 2022 to Mar 27, 2023
      • Discretionary RAUM · $508M to $587M
        May 5, 2022 to Mar 27, 2023
      • Individual RAUM · $2.0M to $2.4M
        May 5, 2022 to Mar 27, 2023
      • Pooled vehicle RAUM · $430M to $507M
        May 5, 2022 to Mar 27, 2023
      • RAUM · $508M to $587M
        May 5, 2022 to Mar 27, 2023
      • Advisory employees · 4 to 3
        Mar 24, 2021 to Mar 16, 2022
      • Employees · 5 to 4
        Mar 24, 2021 to Mar 16, 2022
      • Discretionary RAUM · $748M to $508M
        Mar 24, 2021 to Mar 16, 2022
      • Individual RAUM · $2.0M to $2.0M
        Mar 24, 2021 to Mar 16, 2022
      • Pooled vehicle RAUM · $628M to $430M
        Mar 24, 2021 to Mar 16, 2022
      • RAUM · $748M to $508M
        Mar 24, 2021 to Mar 16, 2022
      Signals
      4 dated events
      • B•••••••• C•••••• M••••••••• L• reported RAUM $178.0M, down 70% from $594.6M (2024-03-28 to 2025-03-31)
        Mar 31, 2025 · RAUM change · derived
      • B•••••••• C•••••• M••••••••• L• reported RAUM $507.7M, down 32% from $747.5M (2021-03-24 to 2022-03-16)
        Mar 16, 2022 · RAUM change · derived
      • B•••••••• C•••••• M••••••••• L• reported RAUM $807.4M, down 35% from $1.2B (2019-07-08 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • A••••• L•••• (Cco) no longer on Schedule A of B•••••••• C•••••• M••••••••• L• (listed 2018-04-20, absent 2019-03-15)
        Mar 15, 2019 · Control person left · inference
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Website
      B••••••••CAP.COMreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      281-795-6613reportedpublic record, Form ADV, Apr 10, 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
      $66.5Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026