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

B••••••••• C•••••• M••••••••• L••

Former SEC-registered adviserMenlo Park, CaliforniaCRD 140262SEC 801-66670websiteIAPD
Latest filing May 10, 2025
First filing on the tape Mar 28, 2012 · 27 filings
SEC status approved since May 1, 2006
RAUM
$838M
reported, Item 5.F
Discretionary
62%
of RAUM
Private clients
89%
$745M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
9
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$838M as of May 10, 2025
Mar 28, 2012$262M then
HNW client RAUM$737M as of May 10, 2025
Mar 28, 2018$407M then
State-registered IARs (5.B.3)4 as of May 10, 2025
Apr 1, 20137 then
Employees (5.A)9 as of May 10, 2025
Apr 1, 20139 then
Private funds2 as of May 10, 2025
Mar 28, 20122 then
RAUM +9.7% over the last fiscal year+9.3% a year over threeIARs 4 to 4
Practice profile
derived from the filing of May 10, 2025; every figure names its basis
RAUM per advisor
$210MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
26derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$8.2MderivedHNW RAUM over HNW clients
Average account
$2.3MderivedRAUM over accounts (5.F.2.f)
Discretionary
62%derivedof RAUM
Institutional
1.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.3derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.0%derived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisers, educational seminars, otherreportedItem 5.G
Custody
$248M, 57 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)
  • 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
  • High-net-worth individuals$737M88%
  • Corporations and businesses$79.3M9.5%
  • Charitable organizations$10.8M1.3%
  • Individuals$7.4M0.9%
  • Pooled investment vehicles$2.1M0.2%
  • Pension and profit-sharing plans$1.0M0.1%
Individual clients
15reported
HNW clients
90reported
Pension plan clients
n/areported
Charitable clients
23reported
Accounts
359reported
Financial planning clients
n/areported
Wrap fee programs
noreported
Custody of client assets
$248M for 57 clientsreported
Compensation
% of AUM, fixed, performancereported
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
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    9 reported on Schedule D 7.B.(1)
    Owners and control persons
    Schedule A and B, latest filing
    • B••••••••• L••••• J••• · Chief Operating Officer/Chief Compliance Officercontrol
      since 07/2006 · owns less than 5%
    • S••••••• S•••••• · Managing Membercontrol
      since 06/2006 · owns 75% or more
    Related persons
    Schedule D 7.A
    • B••••••••• V••••••• S•• I• G•• L••
      pooled vehicle sponsory
    • B••••••••• V••••••• T••••••• I• G•• L••
      pooled vehicle sponsory
    • B••••••••• V••••••• T••••••• I•• G•• L••
      pooled vehicle sponsory
    • B••••••••• V•••••••• L••
      pooled vehicle sponsory
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Menlo Park, Ca · principal000
    San Mateo, Ca000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • HNW clients · 88 to 90
      Mar 27, 2025 to May 10, 2025
    • Pooled vehicle clients · 8 to 2
      Mar 27, 2025 to May 10, 2025
    • Private funds · 8 to 2
      Mar 27, 2025 to May 10, 2025
    • Discretionary RAUM · $584M to $523M
      Mar 27, 2025 to May 10, 2025
    • HNW RAUM · $699M to $737M
      Mar 27, 2025 to May 10, 2025
    • Individual RAUM · $8.0M to $7.4M
      Mar 27, 2025 to May 10, 2025
    • Non-discretionary RAUM · $295M to $315M
      Mar 27, 2025 to May 10, 2025
    • Pooled vehicle RAUM · $84.6M to $2.1M
      Mar 27, 2025 to May 10, 2025
    • RAUM · $879M to $838M
      Mar 27, 2025 to May 10, 2025
    • Accounts · 324 to 359
      Sep 5, 2024 to Mar 27, 2025
    • Charity clients · 17 to 23
      Sep 5, 2024 to Mar 27, 2025
    • Corporate clients · 17 to 15
      Sep 5, 2024 to Mar 27, 2025
    • HNW clients · 81 to 88
      Sep 5, 2024 to Mar 27, 2025
    • Individual clients · 18 to 15
      Sep 5, 2024 to Mar 27, 2025
    • Assets in custody · $147M to $248M
      Sep 5, 2024 to Mar 27, 2025
    • Employees · 7 to 9
      Sep 5, 2024 to Mar 27, 2025
    • Discretionary RAUM · $501M to $584M
      Sep 5, 2024 to Mar 27, 2025
    • HNW RAUM · $591M to $699M
      Sep 5, 2024 to Mar 27, 2025
    • Individual RAUM · $8.4M to $8.0M
      Sep 5, 2024 to Mar 27, 2025
    • Non-discretionary RAUM · $264M to $295M
      Sep 5, 2024 to Mar 27, 2025
    • Pension RAUM · $766,216 to $1.0M
      Sep 5, 2024 to Mar 27, 2025
    • Pooled vehicle RAUM · $84.6M to $84.6M
      Sep 5, 2024 to Mar 27, 2025
    • RAUM · $764M to $879M
      Sep 5, 2024 to Mar 27, 2025
    • Accounts · 277 to 324
      Sep 18, 2023 to Mar 29, 2024
    • Advisory employees · 3 to 4
      Sep 18, 2023 to Mar 29, 2024
    • Corporate clients · 15 to 17
      Sep 18, 2023 to Mar 29, 2024
    • HNW clients · 72 to 81
      Sep 18, 2023 to Mar 29, 2024
    • Individual clients · 19 to 18
      Sep 18, 2023 to Mar 29, 2024
    • Assets in custody · $141M to $147M
      Sep 18, 2023 to Mar 29, 2024
    • Financial planning clients · 0 to unset
      Sep 18, 2023 to Mar 29, 2024
    • Discretionary RAUM · $398M to $501M
      Sep 18, 2023 to Mar 29, 2024
    • HNW RAUM · $459M to $591M
      Sep 18, 2023 to Mar 29, 2024
    • Individual RAUM · $10.3M to $8.4M
      Sep 18, 2023 to Mar 29, 2024
    • Non-discretionary RAUM · $244M to $264M
      Sep 18, 2023 to Mar 29, 2024
    • Pension RAUM · $556,634 to $766,216
      Sep 18, 2023 to Mar 29, 2024
    • Pooled vehicle RAUM · $93.7M to $84.6M
      Sep 18, 2023 to Mar 29, 2024
    • RAUM · $642M to $764M
      Sep 18, 2023 to Mar 29, 2024
    • Accounts · 244 to 277
      Nov 2, 2022 to Mar 28, 2023
    • Charity clients · 18 to 17
      Nov 2, 2022 to Mar 28, 2023
    • Corporate clients · 17 to 15
      Nov 2, 2022 to Mar 28, 2023
    Signals
    9 dated events
    • B••••••••• C•••••• M••••••••• L•• no longer on the SEC adviser roster (last listed 2025-06-02, RAUM $838.1M)
      Jul 1, 2025 · Left the SEC roster · derived
    • C•••••••• S••••• T•••••••• left B••••••••• C•••••• M••••••••• L•• for L••• (registered 2025-06-03)
      Jun 6, 2025 · Advisor changed firm · fact
    • L•••• J••• B•••••••• left B••••••••• C•••••• M••••••••• L•• for L••• (registered 2025-05-31)
      Jun 6, 2025 · Advisor changed firm · fact
    • A••••• P••••• P•••• left B••••••••• C•••••• M••••••••• L•• for L••• (registered 2025-06-03)
      Jun 6, 2025 · Advisor changed firm · fact
    • B••••••••• C•••••• M••••••••• L••'s advisors moved to L••• (Menlo Park, CA): 5 of 5 registered, on the same day
      Jun 6, 2025 · Firm absorbed (people side) · derived
    • S•••••• S•••••• left B••••••••• C•••••• M••••••••• L•• for L••• (registered 2025-06-03)
      Jun 6, 2025 · Advisor changed firm · fact
    • J••••• M•••••• O•••• left B••••••••• C•••••• M••••••••• L•• for L••• (registered 2025-06-03)
      Jun 6, 2025 · Advisor changed firm · fact
    • Prashant Kalidindi (Principal) no longer on Schedule A of B••••••••• C•••••• M••••••••• L•• (listed 2021-07-09, absent 2022-03-31)
      Mar 31, 2022 · Control person left · inference
    • B••••••••• C•••••• M••••••••• L•• reported RAUM $642.1M, up 28% from $502.9M (2021-07-09 to 2022-03-31)
      Mar 31, 2022 · RAUM change · derived
    Across DFX
    shared identifiers only, never a name match
    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
    Across the graphs

    B••••••••• C•••••• M••••••••• L•• is the same institution as 1 record in Real Estate Funds.

    Real Estate Funds1

    Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

    Checking your plan…