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

A• I••••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 140443SEC 801-66922websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 17 filings
SEC status approved since Jun 22, 2006
RAUM
$251M
reported, Item 5.F
Discretionary
100%
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
8
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
4
reported on Schedule D
History
17 filings and snapshots on the tape
RAUM$251M as of Mar 31, 2026
Mar 30, 2012$575M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Apr 2, 20131 then
Employees (5.A)8 as of Mar 31, 2026
Apr 2, 201311 then
Private funds4 as of Mar 31, 2026
Mar 30, 20127 then
RAUM -7.3% over the last fiscal year-0.8% 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
$62.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%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
-7.3%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 pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$251M, 4 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
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$251M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
4reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$251M for 4 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 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
      11 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      A•• M••••• L•Hedge Fund$200M14Mar 30, 2012
      A••••••• G••••• R•••••••• L••Hedge Fund$187M6Mar 30, 2012
      A•• P•••• L••no longer reportedHedge Fund$127M6Mar 30, 2012
      A•• P•••• O••••••• L••no longer reportedHedge Fund$125M5Mar 30, 2012
      A••••••• P•••• L••Hedge Fund$82.0M6Mar 30, 2012
      A•• T•••••• •••• S••••••••no longer reportedHedge Fund$37.7M10Apr 2, 2013
      A• M••••• L•••no longer reportedHedge Fund$27.7M4Mar 31, 2015
      A• E•••••• L••Hedge Fund$3.0M1Apr 2, 2013
      A•• T•••••• S••• O• B••••• O• S••••• H•••• S••••••••• P••••••••no longer reportedHedge Fund$1.7M1Apr 2, 2013
      A• S•••• L•no longer reportedHedge Fund$421,8158Mar 30, 2012
      A••••••• S•••• L••no longer reportedHedge Fund$66,8154Mar 30, 2012
      Owners and control persons
      Schedule A and B, latest filing
      • C••••••• P••••• R•••••• · Interim Presidentcontrol
        since 11/2023 · owns less than 5%
      • S••••••••• D•••••• W••••••••• · Member ((A••••••• C•••••• G•• L••; General Partner Of A•• M••••• L•)control
        since 11/2023 · owns 75% or more
      • W•••• T•••••• · Chief Compliance Officer (Cco)control
        since 11/2023 · owns less than 5%
      Entity owners
      • E•••• I• L•• · Member (A••••••• C•••••• G•• L••; General Partner Of A•• M••••• L•)
        direct · owns 10% to 25%
      Related persons
      Schedule D 7.A
      • A• E••••• P•••••••• L••
        bankpooled vehicle sponsory
      • A• F•• L••
        bankpooled vehicle sponsory
      • A••••••• C•••••• G•• L••
        bankpooled vehicle sponsorn
      • A••••••• C•••••• L••
        bankpooled vehicle sponsory
      • A••••••• H•••••••• L••
        bankpooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • custody status changedChange between filings · filing Mar 31, 2026
        custody of client assets (Item 9.A): no on the filing of 2025-04-02, yes on the filing of 2026-03-31
        peers: asset managers, $100M to $500M (1,568)
      What changed
      consecutive filings, newest first
      • Accounts · 23 to 4
        Apr 2, 2025 to Mar 31, 2026
      • Advisory employees · 4 to 3
        Apr 2, 2025 to Mar 31, 2026
      • Assets in custody · unset to 250967301.0
        Apr 2, 2025 to Mar 31, 2026
      • Custody of client assets · false to true
        Apr 2, 2025 to Mar 31, 2026
      • Discretionary RAUM · $271M to $251M
        Apr 2, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $271M to $251M
        Apr 2, 2025 to Mar 31, 2026
      • RAUM · $271M to $251M
        Apr 2, 2025 to Mar 31, 2026
      • Employees · 10 to 8
        Mar 29, 2024 to Apr 2, 2025
      • Financial planning clients · unset to
        Mar 29, 2024 to Apr 2, 2025
      • Discretionary RAUM · $282M to $271M
        Mar 29, 2024 to Apr 2, 2025
      • Pooled vehicle RAUM · $282M to $271M
        Mar 29, 2024 to Apr 2, 2025
      • RAUM · $282M to $271M
        Mar 29, 2024 to Apr 2, 2025
      • Accounts · 4 to 23
        Mar 31, 2023 to Mar 29, 2024
      • Advisory employees · 3 to 4
        Mar 31, 2023 to Mar 29, 2024
      • Discretionary RAUM · $257M to $282M
        Mar 31, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $257M to $282M
        Mar 31, 2023 to Mar 29, 2024
      • RAUM · $257M to $282M
        Mar 31, 2023 to Mar 29, 2024
      • Accounts · 47 to 4
        Mar 30, 2022 to Mar 31, 2023
      • Advisory employees · 4 to 3
        Mar 30, 2022 to Mar 31, 2023
      • Employees · 9 to 10
        Mar 30, 2022 to Mar 31, 2023
      • Discretionary RAUM · $222M to $257M
        Mar 30, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $222M to $257M
        Mar 30, 2022 to Mar 31, 2023
      • RAUM · $222M to $257M
        Mar 30, 2022 to Mar 31, 2023
      • Employees · 8 to 9
        Mar 30, 2021 to Mar 30, 2022
      • Discretionary RAUM · $182M to $222M
        Mar 30, 2021 to Mar 30, 2022
      • Pooled vehicle RAUM · $182M to $222M
        Mar 30, 2021 to Mar 30, 2022
      • RAUM · $182M to $222M
        Mar 30, 2021 to Mar 30, 2022
      • Accounts · 71 to 47
        Jul 8, 2020 to Mar 30, 2021
      • Advisory employees · 2 to 4
        Jul 8, 2020 to Mar 30, 2021
      • Pooled vehicle clients · 5 to 4
        Jul 8, 2020 to Mar 30, 2021
      • Employees · 3 to 8
        Jul 8, 2020 to Mar 30, 2021
      • Discretionary RAUM · $156M to $182M
        Jul 8, 2020 to Mar 30, 2021
      • Pooled vehicle RAUM · $156M to $182M
        Jul 8, 2020 to Mar 30, 2021
      • RAUM · $156M to $182M
        Jul 8, 2020 to Mar 30, 2021
      • Accounts · 50 to 71
        Mar 31, 2020 to Jul 8, 2020
      • Discretionary RAUM · $121M to $156M
        Mar 31, 2020 to Jul 8, 2020
      • Pooled vehicle RAUM · $121M to $156M
        Mar 31, 2020 to Jul 8, 2020
      • RAUM · $121M to $156M
        Mar 31, 2020 to Jul 8, 2020
      • Private funds · 5 to 4
        Mar 31, 2019 to Mar 31, 2020
      • Accounts · 55 to 50
        Mar 31, 2019 to Mar 31, 2020
      Signals
      5 dated events
      • W••••••••• D••••• S••••••••• (Member) appeared on Schedule A of A• I••••••••• M••••••••• L••
        Mar 29, 2024 · Control person joined · fact
      • Philip Richard Chapman (Interim President) appeared on Schedule A of A• I••••••••• M••••••••• L••
        Mar 29, 2024 · Control person joined · fact
      • Timothy Ward (Chief Compliance Officer (Cco)) appeared on Schedule A of A• I••••••••• M••••••••• L••
        Mar 29, 2024 · Control person joined · fact
      • Aurel Ernest S••••••••• (Chief Compliance Officer/Chief Executive Officer/Managing Member) no longer on Schedule A of A• I••••••••• M••••••••• L•• (listed 2023-03-31, absent 2024-03-29)
        Mar 29, 2024 · Control person left · inference
      • A• I••••••••• M••••••••• L•• reported RAUM $201.6M, down 73% from $736.1M (2018-03-30 to 2019-03-31)
        Mar 31, 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/AC-E•••••reportedpublic record, Form ADV, Sep 19, 2026
      Website
      w••.a••••••••.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      (212) 245-8200reportedpublic 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