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
Msref Real Estate Advisor, Inc.
Latest filing Jul 24, 2026
First filing on the tape Mar 30, 2012 · 33 filings
SEC status approved since Dec 5, 2006
RAUM
$16B
reported, Item 5.F
Discretionary
98%
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
372
170 advisory (5.B.1)
Offices
16
beyond the principal office
Private funds
18
reported on Schedule D
History
33 filings and snapshots on the tape
RAUM$16B as of Jul 24, 2026
May 8, 2012$11B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 24, 2026
May 8, 20120 then
Employees (5.A)372 as of Jul 24, 2026
Mar 28, 2013245 then
Private funds18 as of Jul 24, 2026
May 8, 201212 then
RAUM +42% over the last fiscal year+8.2% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 24, 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
- $607MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived17 offices incl. principal (1.F.5)
- RAUM growth, one year
- +42%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-based, otherreportedItem 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
- 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)
- 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$16B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 26reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=21.0derived
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
28 reported on Schedule D 7.B.(1)
Owners and control persons
Schedule A and B, latest filing
- Toru Bando · Chief Investment Officer Of Morgan Stanley Real Estate Investingcontrolsince 03/2022 · owns less than 5%
- Olivier De Poulpiquet · Chairman Of Morgan Stanley Real Estate Investingcontrolsince 03/2022 · owns less than 5%
- Richard John Klopp · Director And President And Head Of Real Assetscontrolsince 09/2010 · owns less than 5%
- Perry Brian Niles · Co-Chief Executive Officer Of Morgan Stanley Real Estate Investingcontrolsince 03/2022 · owns less than 5%
- Hochfelder Lauren Silverman · Co-Chief Executive Officer Of Morgan Stanley Real Estate Investingcontrolsince 03/2022 · owns less than 5%
- Clarke Peter Harned · Director And Chief Financial Officer Of Morgan Stanley Real Assets Investingsince 03/2014 · owns less than 5%
- Cordt Benjamin Huneke · President And Managing Director Of Morgan Stanley Investment Managementsince 11/2024 · owns less than 5%
- Gauranga Pal · Chief Compliance Officersince 05/2023 · owns less than 5%
- Christie Park · Director And Chief Operating Officer Of Morgan Stanley Real Assets Investingsince 03/2014 · owns less than 5%
- Mustufa Salehbhai · Chief Legal Officersince 12/2016 · owns less than 5%
Entity owners
- Morgan Stanley · Sole Shareholderdirect · owns 75% or more · public reporting company
Related persons
Schedule D 7.A
- Cp Infrastructure III Slp LPpooled vehicle sponsorn
- Cp Infrastructure IV Slp LPpooled vehicle sponsorn
- Mesa West Capitalinvestment adviserpooled vehicle sponsornRAUM $8.7B
- Mesa West Core Lending Fund Gp, LLCpooled vehicle sponsorn
- Mesa West Dsa, LLCinvestment advisern
- Mesa West Lv Sa Gp, LLCpooled vehicle sponsorn
- Mesa West Real Estate Income Fund IV Gp, LLCpooled vehicle sponsorn
- Mesa West Real Estate Income Fund V Gp, L.L.C.pooled vehicle sponsorn
- Morgan Stanley & Co. LLCbroker-dealertrust companyn
- Morgan Stanley Asia (Singapore) Ptebroker-dealerinvestment advisern
- Morgan Stanley Asia Limitedbroker-dealerinvestment advisern
- Morgan Stanley Australia Limitedinvestment advisern
- Morgan Stanley Business Consulting (Shanghai) Limitedinvestment advisern
- Morgan Stanley Capital K.K.investment advisern
- Morgan Stanley Capital Partners Vi Gp Inc.pooled vehicle sponsorn
- Morgan Stanley Capital Partners Vii Gp Inc.pooled vehicle sponsorn
- Morgan Stanley Capital Partners Viii Gp Inc.pooled vehicle sponsorn
- Morgan Stanley India Financial Services Private Limitedinvestment advisern
- Morgan Stanley Infrastructure Gp LPbankpooled vehicle sponsorn
- Morgan Stanley Infrastructure Holdings Inc.pooled vehicle sponsorn
- Morgan Stanley Infrastructure II Gp LPbankpooled vehicle sponsorn
- Morgan Stanley Infrastructure II Inc.pooled vehicle sponsorn
- Morgan Stanley Infrastructure III Gp L.P.bankpooled vehicle sponsorn
- Morgan Stanley Infrastructure III Inc.pooled vehicle sponsorn
- Morgan Stanley Infrastructure III Investors Gp S.A R.L.bankpooled vehicle sponsorn
- Morgan Stanley Infrastructure Inc.investment advisernRAUM $16B
- Morgan Stanley Infrastructure IV Gp LPbankpooled vehicle sponsorn
- Morgan Stanley Infrastructure IV Inc.pooled vehicle sponsorn
- Morgan Stanley Infrastructure IV Investors Gp S.A R.L.bankpooled vehicle sponsorn
- Morgan Stanley Infrastructure Partners II Investors C Gppooled vehicle sponsorn
Advisers that list Msref Real Estate Advisor, Inc. as a related person
Offices
Schedule D 1.F, the 25 largest
- Tokyo, Japan26 employees
- London, United Kingdom19 employees
- San Francisco, CA14 employees
- Frankfurt, Germany9 employees
- Los Angeles, CA9 employees
- Sydney, Australia7 employees
- Shanghai, China7 employees
- Milan, Italy6 employees
- Paris, France4 employees
- Atlanta, GA4 employees
- Mumbai, India4 employees
- Singapore, Singapore3 employees
- Madrid, Spain3 employees
- Kowloon, Hong Kong2 employees
- Chicago, IL1 employees
- Seoul, Korea, South1 employees
- Dubai, United Arab Emirates1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- large related person networkStatic outlier · filing Jul 24, 2026related persons on Schedule D 7.A of 110.0 against a peer median of 11.0 (492 comparable advisers, 98.0th percentile, 11.1 robust deviations)peers: asset managers, $5B to $20B (492) · 98% percentile
What changed
consecutive filings, newest first
- Accounts · 21 to 26Sep 11, 2025 to Mar 27, 2026
- Advisory employees · 171 to 170Sep 11, 2025 to Mar 27, 2026
- BD registered reps · 20 to 21Sep 11, 2025 to Mar 27, 2026
- Pooled vehicle clients · 21 to 26Sep 11, 2025 to Mar 27, 2026
- Employees · 289 to 372Sep 11, 2025 to Mar 27, 2026
- Private funds · 14 to 18Sep 11, 2025 to Mar 27, 2026
- Discretionary RAUM · $11B to $15BSep 11, 2025 to Mar 27, 2026
- Non-discretionary RAUM · $338M to $383MSep 11, 2025 to Mar 27, 2026
- Pooled vehicle RAUM · $11B to $16BSep 11, 2025 to Mar 27, 2026
- RAUM · $11B to $16BSep 11, 2025 to Mar 27, 2026
- Accounts · 20 to 21Jan 29, 2025 to Mar 24, 2025
- Advisory employees · 174 to 171Jan 29, 2025 to Mar 24, 2025
- BD registered reps · 25 to 20Jan 29, 2025 to Mar 24, 2025
- Pooled vehicle clients · 20 to 21Jan 29, 2025 to Mar 24, 2025
- Employees · 360 to 289Jan 29, 2025 to Mar 24, 2025
- Financial planning clients · unset to Jan 29, 2025 to Mar 24, 2025
- Other offices · 17 to 16Jan 29, 2025 to Mar 24, 2025
- Private funds · 19 to 14Jan 29, 2025 to Mar 24, 2025
- Discretionary RAUM · $11B to $11BJan 29, 2025 to Mar 24, 2025
- Non-discretionary RAUM · $353M to $338MJan 29, 2025 to Mar 24, 2025
- Pooled vehicle RAUM · $11B to $11BJan 29, 2025 to Mar 24, 2025
- RAUM · $11B to $11BJan 29, 2025 to Mar 24, 2025
- Accounts · 21 to 20Feb 23, 2024 to Mar 31, 2024
- Advisory employees · 171 to 174Feb 23, 2024 to Mar 31, 2024
- BD registered reps · 27 to 25Feb 23, 2024 to Mar 31, 2024
- Pooled vehicle clients · 21 to 20Feb 23, 2024 to Mar 31, 2024
- Employees · 347 to 360Feb 23, 2024 to Mar 31, 2024
- Discretionary RAUM · $12B to $11BFeb 23, 2024 to Mar 31, 2024
- Non-discretionary RAUM · $355M to $353MFeb 23, 2024 to Mar 31, 2024
- Pooled vehicle RAUM · $13B to $11BFeb 23, 2024 to Mar 31, 2024
- RAUM · $13B to $11BFeb 23, 2024 to Mar 31, 2024
- Discretionary RAUM · $12B to $12BMar 31, 2023 to May 16, 2023
- Pooled vehicle RAUM · $12B to $13BMar 31, 2023 to May 16, 2023
- RAUM · $12B to $13BMar 31, 2023 to May 16, 2023
- Accounts · 20 to 21Oct 7, 2022 to Mar 31, 2023
- Advisory employees · 165 to 171Oct 7, 2022 to Mar 31, 2023
- Pooled vehicle clients · 20 to 21Oct 7, 2022 to Mar 31, 2023
- Employees · 265 to 347Oct 7, 2022 to Mar 31, 2023
- Other offices · 18 to 17Oct 7, 2022 to Mar 31, 2023
- Discretionary RAUM · $12B to $12BOct 7, 2022 to Mar 31, 2023
Signals
4 dated events
- Msref Real Estate Advisor, Inc. reported RAUM $15.8B, up 42% from $11.1B (2025-09-11 to 2026-03-27)Mar 27, 2026 · RAUM change · derived
- Hochfelder Lauren Silverman (Co-Chief Executive Officer Of Morgan Stanley Real Estate Investing) appeared on Schedule A of Msref Real Estate Advisor, Inc.Mar 31, 2022 · Control person joined · fact
- Perry Brian Niles (Co-Chief Executive Officer Of Morgan Stanley Real Estate Investing) appeared on Schedule A of Msref Real Estate Advisor, Inc.Mar 31, 2022 · Control person joined · fact
- Toru Bando (Chief Investment Officer Of Morgan Stanley Real Estate Investing) appeared on Schedule A of Msref Real Estate Advisor, Inc.Mar 31, 2022 · Control person joined · fact
Across DFX
shared identifiers only, never a name match
- Msref Real Estate Advisor, Inc. · Independent Sponsorsshared crd · capital_provider
- Msref Real Estate Advisor, Inc. · Private Equityshared crd · organization
- Msref Real Estate Advisor, Inc. · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Principal office phone
- 212-761-7160reportedpublic record, Form ADV, Jul 24, 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
Across the graphs
Msref Real Estate Advisor, Inc. 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.
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